Splinterlands Daily Loots & Crypto SPS, GLX, HIVE, BTC | FORGE market | Today's #2cents (January 9, 2023)

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What is #2cents

I started this community engagement initiative for LeoThreads yesterday. Given my daily feeds have been very slow lately, I will allocate some of my daily upvotes to people who engage with the designated Threads post.

Let's have some fun with it.

Today's #2cents over at LeoThreads

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Splinterlands Daily Update

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  • Not too bad for 6 Diamond chests, nothing spectacular either

Daily Focus Chests: +6 Diamond | 52 Diamond Total

Minor improvements on ratings

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  • Whenever I pick up new cards, my ratings always tank at first. What I had in mind how the new cards will help with my strategies often turn out differently in reality
  • Maybe it is the eagerness to make the use out of the cards even when they are not the most optimal option
  • We try, we learn, and we get better

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Crypto Today: Is the spring here already?

HIVE - very nice pump alongside BTC and the rest of the market, up by about 1.3 cents

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  • At this price level, it does not take much to move it up or down a few cents
  • Focus on the volume, and BTC

HIVE/BTC - gaining ground against BTC

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  • Nice bounce, but the volume is very low
  • USDT market has much higher volume, this looks like just arbitrage trade

BTC - surged past $17, 000

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  • Have we already seen the bottom of this bear market?
  • Bear markets typically don't last much longer than this
  • Keep in mind we are still expecting economic pain and yet higher interest rates
  • All should be priced in, now the question is how will reality compare against expectations

SPS also benefited from the rebound, up 0.1 cent

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  • Staked SPS continues to climb
  • The price appreciation seems to be following the broad market
  • SWAP.HIVE trading pair is stable

GLX tokens also stabilized at about 0.11 SWAP.HIVE

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FORGE - continue to watch out below, at least for now

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  • Look at all the buy order we can see from this view, the total bid does not even cover Boss Reward from one person

Markets are more exciting today, I remain cautious

If you are accumulating crypto, don't worry too much about minor fluctuations like this (unless you are buying shitcoins). Dollar Cost Averaging regularly. Could it go down more? Maybe.

It's important to consider both the downside and upside potential and always have an exit strategy, you be the judge.

splinterlands spt leofinance pob neoxian fun cent vyb btc hive
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5 comments
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We could do with some green candles and the market has given it, I wonder which direction it will be headed next.

Posted Using LeoFinance Beta

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Let’s see what my crystal ball says..

Still broken.

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HIVE price has gone up too early and too fast!

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The first day of the week is proving to be a very good one for the market as everyone is making green candle's. Hive looks too strong and bullish. If interest rates come down on the 12th, we will see the market move higher and yes touch fifty cents in the coming days.

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