Couch Change
Have you ever heard someone say they needed to check their couch cushions for spare change to see if they could pay for something? I'll be the first to admit, I have been in a bit of a funk lately, and the markets (especially crypto) feel like we are scrounging through our cushions just to hoard any bit of spare change we can. It's funny, but so many times I see people talking about HIVE or BTC making a big pump.
I'm sorry, but I don't think my idea of a big pump and your idea of a big pump are the same thing.
When HIVE was hovering around $.06, a pump to $.066 is hardly what I would call a "big pump". In the same vein, I wouldn't consider a BTC pump from $60,000 to $66,000 that big either. Especially when the ATH of BTC is almost twice that.
I'll be honest, I have been feeling a bit of depression lately about the markets. It feels like I really dropped the ball this past cycle and I don't think things are going to turn around for me to recover. The good news is, I have a full time job and I never invested more than I was willing to lose in the market, but dang if it still doesn't hurt.
The hope was that crypto would somehow provide me a way to have a little bit of comfort in life, but each day that passes seems to indicate that is less and less likely. I've actually said to a couple of people now that I have kind of resigned myself to the idea that I am always going to be "middle class". That's not a bad thing, just not what I had anticipated when I started this journey.
Live and learn I guess.
I'm sure many people would be thrilled to live a middle class life. Especially in this day and age when inflation is out of control and the entire system seems to be stacked against just about everyone who isn't in the top 1 percent.
Splinterlands
I'm sure I am not the first to admit that I have kind of lost my joy with Splinterlands. In fact, just recently a long time investor who I know has put a lot of money into the game reached out to me to let me know that he is completely out now. No license nodes, no cards, no land. It's crazy to think about to be honest. Personally, I still enjoy playing guild brawls, but as far as leagues, I have been botting in wild for a while now and even the Frontier or Foundations or whatever they want to call it has lost it's luster for me.
My wood earnings on land barely cover the fees to use the bot for wild, and the rewards for holding a node a just abysmal when I compare them to what I have to pay to have the node hosted for me. Sure, I could host the node myself, but right now I just don't have the time. I have a feeling before too long I am going to have to shutter the whole thing.
I've said it before, but if I could get what I paid for my SPS node, I would sell it in a heartbeat and move those funds into GoMining. It's been a much better investment for me at least in the short term.
GoMining
Speaking of GoMining, here is my referral link if you are interested in joining.
I got an email the other day that I was going to be getting paid for some kind of class action suit against Facebook. I had a brief discussion about it with @ericvancewalton. Turns out I got another message and then just this morning I received an alert from Venmo that I had been paid the $7 and some odd cents that was part of my reward(?) for the class action lawsuit.
When you think about Facebook and the amount of money that is floating around in the orbit of that company and the people involved in it, $7 seems like a massive slap in the face right? Actually, $7.31 to be exact. Sure, I know they had to split it a lot of ways, but you know the lawyers are making out like bandits on this right?
I guess I should just be happy I got something right?
I know, I know, that's how they lull you into complacency.
It's hard for sure, but hopefully each of you can find a bit of a bright spot in all of this crap that is happening right now. As far as the traditional markets go, we can bet they are likely going to recover. As for everything else? Better start checking those couch cushions!
My Sports Account - @bozz.sports
Come hang out in The Pub
Sounds like today is the day to get in on some SpaceX :)
$7 from FB? Better than nothing I suppose. I've made hardly anything from platforms other than Hive and I don't expect my earnings here to be much unless something really changes. As with you I have other income and so don't rely on it, but Hive is fun for me anyway.
That is very true. Just like you can't compare the meaning of the word "investment" used by a thirds world person and one living in a developed country. Money is valued in a different way.
Well, the crypto market is not trending to the upside, that's for sure, but I made sure to take some profit when it was time and rotate it into something profitable, so I can't complain.