@idiosyncratic1
@idiosyncratic1
Few Understand - Crypto Gaming Income I'm addicted to testing and playing blockchain-based games that are based on my favorite blockchains such as #Hive, #WAX and #BSC . What's good about blockchain-based gaming is, of course, it's security and transparency for the crypto lovers to view every single detail on chain. Apart from these parts, the main incentive is the opportunities coming with the #tokens and #NFT . Seeing the most active dApps on Dappradar, It is not…
@idiosyncratic1
#Splinterlands #NFT Cards are cheap enough to collect more 🤤 As you may know, I'm a blockchain-based game addict who enjoys searching for games on several blockchains to taste the #Play2Earn concept to the deepest point. Splinterlands is the very first game that I started playing more than 2 years ago. So far, I have no idea about how many times I coupled my initial investment thanks to this amazing game. While Splinterlands is the leading dApp with the active users and the…
@idiosyncratic1
Crypto Ecosystem is depressed... Nothing looks promising for crypto investors to believe in the bright future of #cryptocurrencies these days. When you check the whole market, the #stablecoins are the only ones that are green in most cases. I do not make plans to buy or sell #crypto for now. What I expect from the market is to start recovering through Q2. The expectation of an increase in the interest rates affects the crypto #market negatively. We still need to wait for a…
@idiosyncratic1
NFTs and More... I enjoy projects that are targeting new use cases for blockchain-based assets like tokens, NFTs and smart contracts. Especially the projects that are based on music and #NFT make me really hyped especially when I consider their potential. So far, #GameFi and #Play2Earn concepts (Though used interchangeably) made NFTs become the shining star of #crypto 🎯 However, the NFTs are still the major tools that can be bridge between real world things and their digital…
@idiosyncratic1
Working Globally - Remote Work & Freelance I'm still working 9-5 and every single day I regret not saving myself from this lifestyle. So far, I could not come up with a sustainable way of living but for the existing way. Thus, I still see an obstacle in front of myself to work on the life that I want to live. Until the pandemic break out, people would not dream of working in global companies in local states. However, it is, now, easier than ever to work in a global company…
@idiosyncratic1
NFTs & Staking = NFT Staking If you think the majority of copy-paste NFTs are useless, you are not alone. So far people have enjoyed the growing hype on #NFTs as a piece of art but the way they are valued is kind of weird. For me, an NFT can be a piece of art that is unique and solid product or an NFT may represent a community / society that you want to be a part of. Other than some reasonable options, "buying NFTs because they are at their floor price" sounds like putting…
@idiosyncratic1
Satoshi Island Citizenship Do you want to be one of 21,000 citizens of Satoshi Island? Well, I do not have much information about this new design of #metaverse but I see the hype going around this project. Satoshi island accepts either people with 21+ followers or the ones that have verified account. Most probably, they are trying to go viral with the help of verified accounts but also try to attract the attention of common #crypto enthusiasts. I checked the webpage to learn…
@idiosyncratic1
Splinterlands General Sale I have been playing the game for more than 2 years and I always had the belief that this game will go viral that will shake the whole crypto ecosystem. With the rise of #GameFi aka #Play2Earn model in #crypto, the games like #Splinterlands has become more and more popular. What's interesting about Splinterlands is that the game is one of the oldest blockchain based crypto games and it has not been advertised by any exchanges or venture capitals.…
@idiosyncratic1
Good News - Bad News in Crypto Yesterday was an amazing day in which the president of El-Salvador proposed #Bitcoin loans for small businesses and he visited Turkey. While the #crypto loan part sounds nice for mass adoption, the problem might be the reliance of old banking system for cryptocurrencies while there are DAOs and De-Fi concepts already working flawlessly. If the loans are used by banks, will it give birth to paper #BTC ? Look at the case in precious metals and…
@idiosyncratic1
Red Crypto - Maybe For Some More Time It is sad to admit that bulls lost their faith in 42k support level for #Bitcoin and the whole market turned into red when #BTC broke its support level. In 2022, we may see some more red days if FED is going to increase the interest rates 2 or 3 times in a year. Though the #inflation and increase in the price of #energy is a global problem now, the immediate actions by governments will directly hit the #crypto ecosystem. IMHO, the…
@idiosyncratic1
Falling Knife vs The Dip I'm a bit confused about the things happening on a global scale. The companies that are mentioned might be the ones that are mostly used in their own specifications. Seeing that they are losing their #USD equivalent does not make me feel bullish, contrarily, I'm a bit worried about the situation in US Market and I do not even want to foresee what may take place in the developing countries. The things happening in #crypto market are depressing as…
@idiosyncratic1
Crypto Gaming on Sale I think cryptocurrencies are not as attractive as crypto gaming assets in terms of the recently dropped prices. While many #Play2Earn / #GameFi model game assets are below their intrinsic value, they are providing 2 ways to make better gains. First of all, they are likely to be valued more than today's prices when millions of people rush into #crypto ecosystem. On the other hand, the in-game assets are already providing #income sources for people by…
@idiosyncratic1
FED Interest Rates Decision The whole crypto market was focused on the news from #FED over the possibility of increasing the #interest rates to higher levels. However, FED kept the interest rates stable and the market first reacted in a positive way but the positive atmosphere has diminished slowly. Since #Bitcoin could not break any significant resistance level in the eyes of investors, the #crypto ecosystem could not make great gains as a reaction to the decision. IMHO,…
@idiosyncratic1
Global Inflation in 2022 ? It sounds a bit scary but the indicators do not provide us with positive data for the existing monetary system. After listening to the declaration by FED, we may be prepared for a 3-4 times increase in the interest rates for #USD . It is planned to happen in the reserve currency and I cannot even foresee the future of the fiat #money of developing countries... For those who are in the #crypto ecosystem, I think it will be the key to getting less…
@idiosyncratic1
Greenish Crypto 🟢🔴 I see that most of the tokens that I hold gained %5-10 value within the day. From the side of the pump, I'm happy to have a green #crypto market. On the other hand, there is a huge difference between %10 dump and %10 pump in a bear market. I hope to see the whole market being accumulated between strong support and symbolic resistance levels until March 2022 as I mentioned yesterday. Let's make late 2022 the time for new ATH for the crypto ecosystem while…
@idiosyncratic1
Lending TVL Ranking - Terra Blockchain While surfing on DefiLlama, I saw that the second position of the top lending platform is occupied by Anchor (ANC) which operates on #Terra blockchain. The interesting part of this occasion is that only a few people know a lot about Terra #blockchain but the #Anchor seats at the second position by outperforming #Compound (COMP) 😯 I still think that #Solana, #Avalanche, #Terra and #Fantom blockchains are not valued in terms of their…
@idiosyncratic1
The discussion of Purchasing Power I saw a nice debate on the purchasing power of fiat money between people. Some of them claim that the purchasing power has dipped since 1982 while the other claim that even %5 interest on $1000 would turn it into 130,000 as of today so there is no lose in the purchasing power compared to these days. We may claim that #inflation has skyrocketed but if the theory that %5 interest in 100 years may compensate the lose can also cover the…
@idiosyncratic1
Negative News Indicator 😅 I really enjoy negative news in the bear market and the over-hype scenarios in the bull run. When we start coming across these things, it means that the bottom or the top is near to be reached. As the whole market is depressed, I think we may swing between 30-40k until March then it will be time to blast off. Although this "indicator" does not have any mathematical or scientific bases to rely on, It is one of the best performing fortune tellers in…