I got to spend some time out on a private lake doing some bass fishing earlier this week. I will be writing a proper post about it on a later date, but it was a nice reprieve from the busyness that is the beginning of the school year.
Although the calendar says differently, as of this coming weekend, my summer will effectively be coming to a close. School buses full of students will be rolling up to the doors on Monday morning, and I will be 21st or 22nd year as a public education employee.
It's pretty crazy how quickly life passes by isn't it? I remember when the last crypto bull run ended I felt like it was going to be forever until 2025 got here and now look at us? We are standing on the doorstep of what could possibly be the biggest bull market we have ever seen.
Personally, I'm taking a cautious approach. Call me a pessimist, but I am going to assume that things don't go nearly as well as we hope. I'll still be trying to take gains where I can and set myself up for the next cycle. Fingers crossed I still have a few more of these ahead of me before my time is done.
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.
I'm hesitant to even talk about BTC right now. I feel like Friday's have been a pretty big day for the token lately. It seems like we take a big dump come Friday and then by the end of the weekend it is nearly back to where it was before.
Perhaps folks are dumping to cover those end of the week bills. Maybe they just want to take a night on the town (trust me, I know it's neither of those).
KZoo Bullion
Believe it or not, the holidays are right around the corner in the United States. I was in Costco about a month ago and they already had Halloween stuff out on display. It's a steep slope from Labor Day to Christmas over here with each holiday coming faster than the last. With Christmas on the horizon, I will likely be making some more silver purchases for myself and my nephew who is also my godson.
Instead of going the online route this year, I think I am going to stick exclusively to my local bullion dealer KZoo Bullion. They recently moved storefronts and I haven't visited their new location yet. I'm going to have to fix that. I love seeing the look on my nephews face when we opens the latest piece of silver I have gotten him. I have a feeling he is going to have a pretty decent stack by the time he graduates high school.
I got an email from KZoo today that they recently got some limited mintage Geiger 1 Gram Gold pieces back in stock. I might have to seriously consider one of those if they still have any by the time I make it to the store. However, it sounds like they go pretty quickly.
I'd like to get some of those Canadian rounds this year, but I am going to have to wait and see what they have in stock when I visit.
DUO
Shortly after the RUG token was launched by the @dailydab team, there was another token dropped by a different group called DUO. Unfortunately, since I had just went so heavily into RUG, I didn't want to put a bunch of funds into another token right away.
It turns out that other token (DUO) has been doing quite well. The whole idea behind the token is to get new users onto the HIVE platform, which honestly is a good thing for all of us. I finally had my arm twisted yesterday by @dbooster who wrote this post about the token. I moved some funds around in my HIVE account and I purchased a very small stack of the DUO token.
Even if I don't end up earning a lot from it, the idea of helping other people find and become successful on HIVE is still a pretty good thing I guess.
Polygon
I got an email the other day from Coinbase talking about how they are getting ready to do the Polygon Network Migration. We have known for a while now that the MATIC token was going to be migrating to a new token called POL, but the details have been a little sparse. Either that or they just flew completely over my head.
Probably more the latter than the former.
I hope someone can correct me if I am reading this wrong, but it sounds like we don't really need to do anything. They just want us to know that on certain days (August 26 to September 10), deposits and withdraws will be unavailable.
Basically, just leave your tokens where they are and wait to see the name change from MATIC to POL. That's the way I understand it anyway. I know this won't impact some folks too much, but for others who are still holding bags they have left from PolyCUB or other DeFi dalliances, you might want to pay attention.
Future Plans
I'm still counting on a big dip sometime in the next month or two to fill some of the buy orders I have out on the market for HIVE. I pulled some of my HBD out of savings a couple of weeks ago and placed some orders at key levels I would like to buy at. If we never hit those I will just cancel the orders and move on. Hopefully we see a big dip though and they fill so I can be sitting on even more HIVE for when the price finally goes up.
Despite the drop to 15% interest, I still feel HBD is a dang good investment and I will be moving most of my liquid HIVE into HBD at key levels above the $1 mark (fingers crossed!).
Sports Talk Social - @bozz.sports
)