Building Hive Assets The Goals

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It's been a rocky week and honestly at least in the USA I think it's going to get worse. Most likely a heavy crack down and required regulation and registering of any crypto exchange in the USA or that operates with the USA will be required. That might happen a month from now or three years from now. What's clear is that core exchanges are dead at least for the time being and DEX is needed more than ever.

Each week I like to go over what's new at hive if there is anything big and telling happening on the hive blockchain and my own goals and plans.

Goals

$HIVE

Goal: 100,000 Current: 95,296.92 Needed Per Day: 23.16

This number hasn't really fallen for the per day however come next week that will be changing drastically. This was mainly because I was super stacking $LEO at a time when prices where low and $HIVE was still holding closer to $0.40. However since then things have changed and I'm pivoting back to super stacking hive now that prices there are lower.

As you can see a large part of my hive stacking is from buying and powering up hive power more than author and curation rewards. People just not loving the long form anymore it seems or I've been making too many waves with asking for some businesses sense from the higher ups here at hive. But oh well I'll always speak my honest mind even if that means I get hit with less votes because they don't agree. I'm not one to kiss butt and instead take action to make things happen.

$LEO

GOAL: 150,000 Current Without delegation: 103,371 With delegation: 133,376 Needed Per Day: 81.89

The price of LEO has been doing amazing. It's a combination of a very low liquidity right now, a system that continues to buy more off the market (Outside of ad buybacks which isn't yet active) and overall more users wanting and stacking the token. All of these have been positives on the price of LEO however the ad buyback should kick things up even higher. By end of summer with everything that's currently in place and no increase in membership base I could see LEO hitting $0.20. However as user base increases and more demand increases I could instead see us pushing far above that depended on how many users.

The other thing to note is as users increase and more voting happens you're going to see a decrease in your own earnings as that vote weight gets thrown around more. The time to stack in my opinion was yesterday the time to stack for sure is now!
*This article is for entertainment purposes only and is not financial advice.

$SPS

What can I say the markets are taking a beating and honestly I feel like Splinterlands has been making a lot of bad moves lately. Things like a vote passing to get SPS listed on exchanges seemed like a dumb thing at the start of which I voted no. Now it's clear heavy regulation is going to hit exchanges making it IMO a even dumber move to try and list SPS on these things.

The game at least for me has become unplayable. For two seasons I was stuck in bronze with a maxed Beta deck and a pretty close to maxed Untamed deck I just couldn't get anywhere or lock in any rewards from playing that where worth it.

So I decided to rent EVERYTHING out and stack DEC instead. So far even that has under performed because renting just doesn't seem to be happening all that aggressively anymore. I should have been earning from estimates around 10,000+ DEC per day from rentals. But instead I'm only just scratching 4,000 and often on the lower end of 3,000 DEC per day. All I have to say is land better spark some joy and revenue otherwise I'm not so sure Splinterlands is going to survive to be honest.

What I am excited for however is the launch of GLS which is another arm of the company I believe. If that turns out to be an even semi success it would do great things for hive itself and could spark even more games to spawn from it.

For now I'm just stacking SPS while it's low to try and hit my 1 million goal and DEC stacking until land releases so I can make the most of it when the time comes.

Overall things in the crypto markets look scary to some however it also feels like since we have been in this low hanging bear market for so long that it might only be seasoned investors in they crypto space. Thus these shockwaves have less and less of an impact on the price of these assets. Next week is going to be an interesting one as we see how the markets shift.

Posted Using LeoFinance Alpha