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Fireworks!...?
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Today is the 4th of July in the United States. For many of you both inside and outside of the country this probably evokes a number of images in your mind. Also called "Independence Day", this is a national holiday honoring the adoption of the Declaration of Independence back in 1776. Hard to believe that it's been almost 250 years that we have been separated from those nasty British folk.
I kid of course, I'm about as white as they come with nearly 99% of my genetic make up coming from the western reaches of Europe. In fact, some of my closest "friends" here on HIVE are from the UK, and I hope I get the chance to meet them in person one day.
Despite the true intentions of the holiday, many people will probably use this extra day off to spend time with family either in the backyard, around the pool, or somewhere else enjoying some good food and good fellowship. Probably a bit of drunken shenanigans in there as well. I just hope everyone keeps their appendages intact while playing with the pyrotechnics.
Believe it or not, we are at the halfway point of the year now, and the particular fireworks we were hoping for have yet to materialize. I truly hope that changes, but I am truthfully not holding my breath at this point. The good news (for me) is that I don't rely on crypto for any of my daily, weekly, or monthly expenses. I was hoping crypto could be a nice vehicle to push my finances to that next tier of independence and it still might, but right now it seems I shouldn't be packing my bags.
Who knows, there are people much smarter than me with a lot more experience who seem to think things could still turn around. If nothing else, the past half year has taught me that price and market manipulation is alive and well even on the crypto side of things. I think a lot of people saw the previous administration in the US as a dam that was holding the crypto markets back. There was this hope that with a new administration the dam would break and gains would be flowing like a deluge.
Unfortunately, it seems to be more of a controlled release of the waters. Whether that is a good or bad thing is yet to be determined, but being the individuals who control the dam gates certainly gives you a leg up over the common folk like us.
Travala
Now that June is behind us, that means we are at the beginning of a new fiscal quarter. That also means that Travala the crypto travel platform is getting ready to launch a new set of activities for token stakers to participate in. With the price being a bit depressed from where it was last year, my earnings will likely be down again. As we know though, that's all relative. The number of tokens you can earn stays the same whether the price is up or down. If you are an AVA holder, I encourage you to log into the platform next week and participate in the tasks. Most of them are tied to your X account and relatively easy to complete in a few short minutes.
It's basically free money if you are willing to put in a little bit of work. How much money just depends on what you currently have staked, how many of the tasks you do, and what the current price of AVA is.
Holozing
I hit the 1.1 million staked ZING point the other day with the @holozing project. I don't have much to say beyond that. It's just a pretty nice milestone for me. I'll likely just keep stacking until we get an alpha or beta release of the game. My hope is to eventually take some profits while enjoying the game, but we will see if that works out for me.
Steady... steady...
Despite my obvious annoyance that the markets haven't been lighting off like Bubba and his $1000 worth of fireworks in the local trailer park, things have been holding pretty steady. BTC has found a pretty safe spot between $105,000 and $110,000 and the price of precious metals have slowly been climbing or holding relatively solid.
If things continue like this, it's definitely going to make it a bit harder for me to maximize my funds for my Christmas silver buys. In the grand scheme of things, it will only be a $30 to $40 difference once you add up all the 1 oz pieces I will likely buy, but it still bugs me that I didn't buy more when it was under $30. It's funny be because FOMO isn't something I would have associated with silver purchasing, but here I am kicking myself over all the stuff I didn't buy when I could have.
HIVE
In case you haven't noticed, it's been a pretty good time to buy HIVE lately. I've seen a nice handful of people picking up some pretty significant stacks of the token. If there were an easy way for me to move fiat into HIVE I would have a regular monthly buy set up. That's how much I believe in this chain. Unfortunately (in this case), I live in the US, and with HIVE exiting from Bittrex, I have few options for buying with outside funds.
I've seen a couple people mention their belief that HIVE will fall even a bit more before the end of the year. If you believe that (or even if you don't), now is a dang good time to buy in. If you have the ability to do so where you live, I highly encourage you to think about investing in your account. That's not financial advice, do your own research of course!
That's all I have for this week, if you live in the US, I hope you get to see some fireworks over the holiday, and I hope we all get to see some fireworks in the markets sooner rather than later!
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