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Crypto Pricing and Splinterlands Are Soaring

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@mawit07
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With overnight rumor news that Amazon will soon accept cryptocurrency as a form of payment it was enough optimism for cryptocurrency prices to soar. BTC went on a tear and blew out shorts in the mean time.

Bitcoin news Story Here

Close to $1 billion dollars in BTC shorts was squeezed overnight and the price of BTC immediately soared more than 10%. Whether the squeeze will continue we have witness today the pain of trying to short BTC when there is still strong demand for it.

Speaking of demand SPS token has started trading and Splinterlands cards continue to appreciate. I have been checking my account almost hourly and currently it stands to be worth north of $15k.

Amazing how a few days make for the valuation as just a couple of weeks ago I was discussing my investment that had my collection slightly above $12k.

Tomorrow will be the first day of the SPS token airdrop and I hope to score a decent amount of tokens from that for the whole year. The token is currently trading north of $0.17

With almost 6 billion in total points and I carry slightly over 1 million it is only a tiny fraction of the total. Still hoping to collect decent amount of SPS as the days go by only to increase my overall net assets in cryptocurrency.

On top of all this I am also earning a decent amount of DEC through renting multiple unused cards and as of now with the price of DEC close to $0.004 it means I am earning close to 7 Hives daily! I intend to trade my DEC for Hives for now as I have waited almost two years to recoup my initial investment from Hive/Steem into Splinterlands. I hope to reach a goal of HP to 10k before years end and with the booming prices in Splinterlands it is making it possible.

I still will continue investing in the game and will be looking to score deals on cards that I see are at a decent discount. However with the recent price swings moving so much I have made a couple of overprice purchases and will have to be conservative on my future purchases to not over pay too much.

None of what I write is financial advice. It is for entertainment purposes only. Thanks for reading!

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