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SEED Holdings Report #41 - Slowly pivoting from 'neutral' to 'bullish'.

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empoderat
@empoderat
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It felt like ages since we had a +10-20% week overall! And I more than welcome it. Charts are telling me that bottom could easily be in and some indicators are turning 'quietly bullish'. Let's recap.

  • Main change for this week is that I swapped some stables (again!) for ETH and ORN. Both of these have been pooled for a sweety APR of +16% paid in ORN. I don't know when, but when the ORN beast gets released and some starts get aligned, fireworks will shine around the place. At current prices (around 1$/token) even a modest return to the mean will yield an x4-x5 return. I def want to be exposed when this happens as Orion developed a lot his flagship during these months of bear.

  • In the meanwhile, another 12K CUB have been added only from LP rewards and re-pooling some farmed gains. All of our CUB (180K) is pooled with the bHBD equivalent (+4200$) which will be enough to suffice the few presales we have these days. In the meanwhile, we keep farming this +30% APR.

  • Our most successful presale, Step.App or the FITFI token started its release recently. For our allocation It's a DAILY drop of +700 FITFI tokens, which account for approx 40$ daily if prices hold (I said DAILY!?). This comes at a great moment to keep accumulating.

  • I bought 220 Riftwatchers packs (200+20 from the 10% bonus) to qualify for the upcoming airdrops and keep improving our Splinterlands deck. 100 Have already been opened and the remaining will be once enough potions accumulate.

Our deck is able to maintain easily in Gold I, Hopefully, I'll be able to keep improving it to sustain ourselves in the mid-Diamond league in a few months.

This is how we are standing regarding assets:

I'm thinking about removing a lot of small dead assets from accountability. We have +15 coins from old presales with less than 100$ in balance which isn't even worth reclaiming especially those on Ethereum). But meh, it's only annoying visually, not a prio.

Regarding the market situation, I would like to share the monthly chart for Bitcoin. Although we don't own any, they're like an index for the overall market:

As you already might know, I'm always looking for overall macro confluence. And the recent price action and the MONTHLY chart is telling me that we will have a reversal soon (in 2-4 months). This theory coincides with the end of the winter (around Feb-march) and I believe we could see BTC returning to the 40K$ next year if this scenario plays out.

Can you see how the MACD gives us the signal? The increasing histogram means that we bottomed out in sell pressure. THIS DOESN'T MEAN WE CANNOT GO DOWN. It means we already stabilized from the 2021 bull mania.

Time will tell, But this means we could be around or near the point if max opportunity. Load up in coins that you like if you're brave! (not financial advice, but is what I'm doing; DYOR).

Current SEED Stats

  • Circulating supply: 100K (full released)
  • Total value of AUM: 134048$
  • Backed value of each SEED: 1,34$

Say hello to November. 2022 Is almost away. Incredible how time flies.

50% of blogging rewards paid to @seed-treasury.

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https://cointracking.info/portfolio/seedtreasury

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