Wow, what a time to be in the crypto space! If there’s one word that captures the market right now, it's opportunity. Bitcoin is setting record highs, with the latest peak around $94,000—breaking its last all-time high and electrifying the whole market. It feels like the entire crypto space has been supercharged, with meme coins like Bertram The Pomeranian pumping a staggering 2,628.9% overnight! And then there’s Dogecoin, which is up over 100% in just the last week alone, reminding us how wild and unpredictable this space can be.
Even closer to home, we’ve seen some impressive gains on the Hive blockchain. Hive itself jumped from $0.21 to nearly $0.34 in an instant. Did you catch that pump? I wish I could say I was fully prepared for it, but I ended up catching only the tail end. Still, I made the most of it and picked up some DEC and 36,000 SPS tokens, both at around 30% off their pre-pump price when bought with Hive. That quick move was a solid boost on my journey to 500,000 staked SPS. The Hive price is back down to twenty three cents. In a market like this, you really have to keep your eyes open for these opportunities, because they’re everywhere—and if you hesitate, you could miss them.
The momentum is real, but it’s essential to remember that markets like this come with intense ups and downs. It’s exhilarating, no doubt, but as we’ve already seen, some assets—including SPS—are experiencing slight corrections. Right now, SPS is down about 8%, which might look like a pullback, but it’s still over one cent and is up a whopping 144% from its all-time low just three months ago. Pullbacks are natural, and honestly, I see them as opportunities. In bull markets, corrections and dips can be some of the best times to accumulate more of the assets we believe in at discounted prices.
The excitement of meme coins and record highs in Bitcoin can be distracting, but keeping focused on our core goals is crucial. For me, that means staying committed to my 500,000 SPS target. It’s easy to get pulled in different directions when everything around you is spiking and everyone’s talking about the latest hot token. But, I’m reminding myself daily that my real target is stacking SPS.
I am now over a major milestone of 400,000 SPS staked! The 500,000 SPS goal in now almost in sight!
Here are my SPS earnings last season:
| Type | Amount |
|---|---|
| Staking Rewards | 1144.889 |
| Ranked Rewards as above | 2556.393 |
| Brawl Rewards | 388.404 |
| License Stake Rewards | 294.124 |
| NET SPS | 4383.810 |
So it looks like in about 20 seasons or ten months I will reach my SPS goal even without buying any more SPS!
I see the long-term value in SPS, both as a key part of the Splinterlands ecosystem and as a potential asset that could shine when the market’s altcoin rotation really takes off. This bull market is a gift, one where we can make significant strides toward long-term goals, but only if we stay disciplined and focused.
So here’s my strategy (and it’s just that—my own thoughts): keep a watchful eye on opportunities, make strategic moves, buy the dips, and stay committed to the goal. For me, that’s stacking SPS all the way to my target. Here’s to riding the wave of this incredible market—while keeping our eyes on the prize.
If you wonder what is the best way to get involved you can use my link to begin your Splinterlands and HIVE journey.
Wild times, my friend I think we’re going to see this continue through the fall of next year!👍😊
I am thinking though next summer, but who knows...
👍.... Hopefully many crypto buying/trading opportunities my friend!!😊
Saldy I'm among those who hesitated during that pump... but glad you have instead been able to take advantage of it and reduce the distance from your SPS target :)
Well next time you know what you can do :) Just keep a little bit of SWAP.HIVE in your wallet to be able to take advantage of these kinds of HIVE pumps to buy assets on hive-engine. I am sure that this is the first small pump of many in this new bull market in crypto.
Thanks for sharing! - @mango-juice
