Salvaging Crypto Investments
The latest Splinterlands proposal seems to be having decent approval. I am voting for it too.
Link below is the post describing the purpose and after reading it I felt complete to try and review a personal account of my own crypto investments.
https://peakd.com/@clayboyn/sps-governance-proposal-recovery-fund-committee
Over the years I have invested in multiple crypto projects and have only seen all of it go down the drain to near zero. Whether it was Luna, Luna Dragons, WAX, Tombstone and so on I have yet to yield any great results.
The current boom in BTC is only focus on main blue chip cryptos. The remaining altcoin market is not rising as much as the 2018 boom which probably is for the better.
Multiple accounts I have are no longer accessible as they are not allowed to have USA members. Accounts in exchanges or projects that simply do not have the USA approval to allow for it to be used in the USA. Sadly with no access to those accounts I believe I have lost all the funds there.
For WAX I do not collect the weekly earnings potential from staking WAX. I remain in search to accessing my wallet as it appears the current apps to connect with WAX is obsolete. Note even Hive-Engine has disassociated itself from the crypto.
Come back round circle even just looking at my current Splinterlands holding it does not look too optimistic with how price action is trending down again. I guess on the bright side its good to be buying as it is near all time lows when it comes to legacy items.
Overall it just seems we are not going to see a altcoin bull market any time soon. It is almost as if crypto besides some big names like BTC and ETH the rest of the market is left to its own demise. I do still believe in Splinterlands and the backbone blockchain it runs on, Hive. Therefore I continue to remain active as much as I can and staying connected to the daily events surrounding the ecosystems. Although Splinterlands and Hive have been in a current down turn I personally believe in the projects and willing to see it through.
It's been a rough time for Play to earn games everywhere. I am similar to you, and I believe in Splinterlands/Hive more compared to the rest of the games. I'll take a look at the proposal.
I do not know if it is my convection or stupidity to keep believing in Splinterlands will one day again boom.