To say it has been an exciting week would be a bit of an understatement. Over the past week or so all time highs have been crumbling one after the other. Well, at least on the Bitcoin side of things. As far as alts, we are still waiting to see what is going to happen with them. I did notice the other day that my Pepe is back up from the $25 to $50 that I originally dumped into it.
Meanwhile, I also saw that my OSAKA was up 40+% the other day. I don't own a ton of that token, but it is one that @blanchy (I think) shilled to me and I figured why not throw some money into it. I haven't really followed it at all since then, but hopefully it continues to go up.
According to Google, "Any port in a storm" is a proverb which presents the belief that:
"In adverse circumstances one welcomes any source of relief or escape"
I think many of us can relate to that after the long crypto winter we have experienced over the past half decade or so. It's kind of crazy to think about when you put it in terms like that isn't it? Half a decade of crawling along.
It is time again for another Finance Friday/Friday Finance. This is a series I started where I talk about random bits of financial stuff that I have seen, gathered, or experienced during the week. I hope as a reader you find it informational, entertaining, or both. I also hope it can generate some good discussion and edify the community.
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I say "crawling", but the fact is five years ago the price of BTC was sitting below $10,000, so when you consider where we are now, that's really not too bad. I mean show me another investment that is going to increase for you 1000% over a five year period...
Man, I really wish I had bought more BTC back then.
Although things are definitely thawing out a bit with the alt market, it still doesn't feel like we are completely there yet. The best thing I can do it just keep plugging along and hoping I pick at least a decent time to make some moves.
Liquidity Pools
Although DeFi is "so 2020", I am still messing around with a handful of them on Beeswap. I prefer the Beeswap front end over TribalDex. It just feels a bit snappier in terms of response time. I'm not expecting to get rich off these things, but I keep adding a bit to the pools every now and then.
I currently hold 31% of the LEO/LBI pool, but I don't think too many people are moving stuff between those two tokens. I also have a 2% stake in the SWAP.HIVE/PWR pool that is provided by @empoderat. I recently moved some funds back in to the BXT pool that pairs SWAP.HIVE and BXT, I hold right around 1% of that pool.
Finally, I have a .83% stake in the ZING:SWAP.HIVE pool for the @holozing game, and a 23% stake in the BRO/SWAP.HIVE pool. These rewards just trickle into my account, so I don't really see them too much, but hopefully at some point in the future I can remove them for a mild profit. Either that or an impermanent loss, it remains to be seen...
HBD
I made the decision back before the interest rate of HBD was set at 20% to try and hit some goals with HBD. My first goal was 1 HBD per day in earnings. Then my next goal was 100 HBD per month in earnings. Even with the pull back to 15% interest, I was still hitting that mark until recently. I pulled a bunch of my HBD out of savings to keep liquid in case HIVE pumps. That withdraw has now left me at a point where my HBD is earning less than 100 HBD every month.
It's kind of a bummer, but I know if the price goes up, I will be moving funds back into HBD, so I am not too worried about it. Even small growth is still growth.
Splinterlands
Given the fact that I didn't purchase any Conclave packs and the Rebellion packs take a huge hit on earning for conflicts, I probably won't be throwing any cards in my wagons for the current conflicts. I did last time and I didn't earn any airdrop cards, so I wouldn't expect any different results this time. It's kind of bittersweet for me because I have been involved in Splinterlands since the beginning. Skipping out on something like this feels almost unnatural, but I just can't sink the money into it right now. I still have some Riftwatchers packs for sale on the internal market if you are interested. With a recently reduced price, so check it out!
Silver, Gold, And Platinum Oh My!
My local bullion dealer just got access to some of these 1/3 ounce platinum St. Helena Rose Crowned Shield Guinea. It's a pretty cool piece, but at $26 over the spot price of platinum and retailing for right around $500 it's still way out of my price range.
I actually think the two tone works really well here and that is part of what initially caught my eye with this piece. In fact, I didn't even realize it was platinum until I started looking more closely at it. If it were silver, I would be picking a stack up in a heartbeat. I just like the way this looks. I would imagine there are probably similar pieces in silver if I really felt like looking...
In fact, there is, but I don't think it "pops" quite as much as the platinum piece. What do you think?
SMR
Finally, my favorite Small Modular Nuclear Reactor company hit another new all time high this week. It's scary just how well this stock is doing. I really wish I had purchased a lot more of it so I wouldn't be sad about selling some at a 4.5x gain. Somehow those 500 shares I bought a while ago just seem inadequate.
My Sports Account - @bozz.sports
