Powered up 4000 Hive today Today is the start of another exciting month. Hive has been bringing a lot of opportunities in the last few months. There have been some new games and the price of Hive is also pretty decent to accumulate more. When the bull run happens, the Hive we buy today would become worth a lot. There is a good sign for bull run to happen very soon. Some of the coins have been having some great time already. Yesterday I talked about how the price of BCH is…
@bala41288 in July 2023
Splinterlands - Huge drop in the rental earnings Splinterlands is still one of the best games on Hive that is sustaining for several years now. They have good gameplay that would even last for a few more years. I hear from people that the game is not highly rewarding but at least it is rewarding enough compared to the other games we see. We all know how bad the bear market is and I personally have experienced the good and bad markets when the good market states the crypto…
Advantages of using Crypto P2P transactions There has been a recent trend where many people rely mostly on P2P transactions in crypto than doing a transaction where a bank is involved. The number of P2P transactions we see in communities has drastically increased. One of the biggest reasons is that people want to move in a decentralized direction. In addition to this advantage, I personally think that P2P transactions bring other advantages too. Let's discuss more in this…
My top 3 Alt coin focus for DCA I did not have any huge holdings of altcoins until recently. Most of my focus had been on Hive and HBD and I was trying to increase my stake on Hive and increase my position on Hive. But recently something made me feel that I have to also focus on some of the altcoins I have been holding for years. Though I don't hold a huge quantity of any Altcoins, I do have decent holdings of some of the coins. Recently my portfolio had a very nice pump…
Exit Strategy in Crypto Most people think about investing and staying long-term in the crypto world. Today for a change I wanted to give it a thought as to what would be the exit strategy. We cannot stick to something forever in this ever-changing world, right? A few years back mining was one of the biggest things in the crypto world but today that isn't a thing, at least for the top coins. So in this ever-changing world, in order to retain our financial situation stable, it…
Not too late to purchase BCH A few days back I wrote an article explaining what caused the surge of BCH, I was wondering if it is too late to purchase BCH and I wanted to share some facts about BCH that can aid us to decide if it is good to purchase BCH now or not. For some reason, I'm so bullish on BCH and I think it can have a good time in the coming years. Today someone was asking me to suggest some coins to invest in this year and BCH was also on my list and I personally…
Purchasing online courses in my opinion In my work environment, I have few colleagues who purchase learning materials regularly either from Udemey or other training platform and try to learn things from them. I have observed them talking a lot about that. I did some self-evaluation on this topic and I realized that I have a different opinion on this subject. I'm a guy who always visits only Youtube if I wish to learn something. I'm always hesitant to spend money on learning…
Splinterlands - SPS rental market is awesome Splinterlands is a game that keeps surprising people with new additions and new features. I'm very happy to use the SPS rental feature today. A few days back I saw the announcement post from Splinterlands about the new SPS rental feature they are introducing. I was eagerly waiting for this feature. The reason is that I was keeping my SPS idle as I'm just an investor in the game and not a player. I once used to be a player but…
Hive provides a flexible fixed deposit scheme Decentralization is on its way and it is rapidly growing everywhere. Many people are moving towards decentralization and they would like to keep their funds in their private wallets that are not visible to anyone and especially to the governments. The government is not leaving anyone alone and they are now bringing regulations everywhere. In the real world, fixed deposits are not very great. Especially in India, I would say that…
Challenges in having full crypto P2P transactions P2P transactions are getting very popular on Hive. I have also been helping some of my friends invest in crypto by providing them with directions. When I give them suggestions, I ask them to use P2P mode to deposit their money. We don't have proper regulations or guidelines in our country on what is allowed and what is not allowed. It is up to the individuals to show their income from other sources and pay their taxes. That's…
My top 3 stupid alt coin investments Bitcoins are not the only cryptocurrency. Just because it is very popular it doesn't make the best cryptocurrency out there. There are so many other cryptocurrencies emerging in the market and many are very good and some are not very great for the long term. Most of my investment stays inside the Hive ecosystem. Even though I prefer investing inside Hive because it is a known ground, there are times when I used to think that I should also…
Splinterlands - Opportunity to buy SPS now I was fortunate to reach my goal of 100k SPS when I had the chance. There is a high possibility that SPS can go big when SPS gets more exchange listings and when the bull market happens. Splinterlands is one of the games that never disappoints us. The investment we do inside splinterlands has always given us decent profits and it also becomes a passive income opportunity. Some people even have splinterlands as their regular source…
Wish I had bought more XRP At the time of writing this article, XRP is having a massive pump. I got a notification from Coingecko about the breaking news that XRP wins the case against SEC. This is a great thing for the crypto folks. For me personally, XRP is close to my heart after Bitcoin because that is the second cryptocurrency that I wanted to invest in and give it a try. When this SEC case started many people feared and they started selling their holdings. I was still…
Booked my profit on XRP One of the biggest news the crypto space is having is the winning of the lawsuit against the SEC. I wrote an article yesterday explaining more details on the sudden pump of XRP and what caused the pump. I couldn't resist myself and I wanted to book some profits on part of my holdings. I have been holding my XRP for more than 4 years now. I have seen many ups and downs in the meantime but I have not made use of the market situation. The XRP was just…
Participating in LEO Power Up day On the 15th of every month, it is celebrated as LEO power-up day. This is the day when we power up our LEO tokens and share our support. I don't specifically target this date but I try to accumulate all the LEO I get from posting and curation rewards. My LEO account is `bala-leo` and that is where I have my LEO stake. LEO is one of the oldest tokens on Hive Engine. I still remember the good old days when the token's value used to be very…
Top 5 ways in which a developer can earn a decent income Developers are usually people who keep updating their skills every day for their development work. They either continue learning by doing development work or when they expose themselves to other opportunities. But what if I say that they also get an opportunity to earn a decent income by doing things other than just developing an application or working for someone? Many entrepreneurs are successful because they decided…
Keeping money idle is very dangerous In order to be financially successful, one should know how to handle their money. Keeping the money idle is not a wise thing to do. It can sometimes end up dangerous because we might as well end up losing the money or its value as years pass. We have to find a way to multiply the money we have every year and that is what makes it a wise investment. The main reason is that idle money often loses its value due to several reasons and…
Less number of active projects due to bear market trend I'm not sure if it is only me or even others feel the same. The number of active projects in the crypto ecosystem has reduced. Some projects have gone to a silent mode and some projects have slowed down a little bit due to less funding. I believe this is very common during a bear market trend. In the last few years, I have seen this several times and when the bull market starts coming, there will be many active people…
Splinterlands - Rental markets are not fully passive income Splinterlands is a game not only for players but also for investors. Some people might think that there are 100% passive income opportunities available inside Splinterlands. I wanted to give some clarity on that with the help of this article. I understand that there are several passive income opportunities available in Splinterlands but Rental markets and rental income is not 100 percent passive in my opinion.…
People read a lot about Bitcoin People in the crypto world know how important Bitcoin is for the crypto world. Usually, when a new person is trying to enter the crypto world they are first attracted to Bitcoin and they also misunderstand that the crypto world is completely about Bitcoin which is not the case. This is one of the biggest reasons for people to read a lot of blogs on Bitcoin. Bloggers also take this as an advantage and attract people into the crypto world by…
Avoid negative people in the crypto space There are negative people everywhere. I have heard from motivational speeches that if we start creating more space for positive things, the negative things will automatically go away not having any space in our mind. The thought process should always be towards positive things and the negative things would fear to come near us. The crypto space also has lots of negative people and negative influencers who don't like someone growing…
Putting all my eggs in a single basket People usually say not to put all the eggs in the same basket. Sometimes I used to wonder if the type of basket and the size of the basket mattered. Even if the size of the basket is huge and if we drop only a few eggs in that basket, there is a high chance that the eggs would interact with each other while carrying and breaking. Only on a congested basket, having more eggs would be a problem. I usually think that Hive has always been a…
Splinterlands - Some tips on SPS rental market Splinterlands recently introduced a great feature to make use of the unused SPS stake. The game gives SPS to the players in the form of rewards. On top of that, people who are staking their SPS also get a decent APR. In addition to these two, a new feature was the SPS rental market. I got a chance to explore this new feature about 2 weeks back. My rentals were active and only a few days back I got the chance to view the…
Great opportunity for Leothreads with the new twitter change I was very surprised to see the new icon for Twitter. The bird icon was far better and they have now renamed Twitter to X and the icon has also changed. I don't know what kind of move it is but the internet is sharing the feedback on these new branding changes. I wouldn't say it is a great move or a bad move but I'm sure Elon is planning something big with these branding changes or at least attempting to do…
Increase in the number of crypto projects Have you ever thought that having too many options today is one of the biggest reasons why the competition is heavy in the crypto world? If we have limited options, picking one from that would have been easier. With so many options today, it makes it hard for people to explore and understand their best fit. I'm sure there are new investors every year but I believe the investors are spread across various crypto projects. In addition…
The fixed supply of Bitcoin Every day I get a chance to talk about crypto to someone. I'm glad that even during the bear market someone is really interested to know more about crypto and would like to invest in crypto. Bitcoin is still one of the top cryptocurrencies out there and even though the market trend is looking bearish, there is a high chance that our Bitcoin investment can turn out great in the coming years. Today I was conversing with an old man who was talking to…
Potential of Non-Fungible Tokens in gaming industry The gaming industry is going to rule the crypto market in the next two decades. This is my personal opinion. Some of the bigger gaming companies want this technology to stabilize a little bit so that they can make use of this to build games. There have been many games on top of web3 and people find it interesting to purchase the game assets in the form of NFTs that would have other use cases. One of the biggest advantages…
Passive income earning opportunities with coding skills Even though we are going to be speaking about passive income in this article, there is also a considerable amount of effort required from individuals with coding skills. We can probably say that this is just a one-time effort and after the effort is done, the opportunity would let us keep going and let us earn passive income from our early efforts. Some of the biggest entrepreneurs would be doing something similar to…
Splinterlands - 15k DEC this month from SPS rentals Today I had to cancel and renew my SPS delegation. Every delegation that we do lasts only for 7 days and we can cancel the delegation after 7 days and fill a different bid. When we fill a bid, we instantly get DEC credited to the account and the SPS is locked for the next 7 days. Initially, I was wondering how I will know if a delegation got ended or not. There was an indication displayed on the Splinterlands main site that…
Mole Miner - Yet another play2earn game on Hive Today we have officially launched the Mole Miner game. This is a new game from the Muterra team. We already have a game called Muterra World that provides play2earn features. Even though the game has play2earn features, we can also call the game pay2win too. This new game is in addition to the existing game with a different earning mechanism through mole mining. This game will act as yet another use case and sink for the MUT…
Today is the last date for ITR Submission For people who are in India, today is the last date for ITR submission. For the salaries we earn, we have to pay taxes to the government as per the laws. The tax amount is based on the salary we draw and determined based on the tax slab we fall under. Today is the last date for Income Tax Returns submission in India for the assessment year 2023-2024. Many people do the submission with the help of auditors but for salaried employees,…