May Gray: Dips & Blessings

It’s the month of May and it started off with some unpleasant dips, not what we hoped for, but this is what we got, so this is what we are going to manage. First bitcoin got below $40,000 and lots of people started calling for $27k next, cmon guys, chill, don’t be so quick to spread FUD. Still annoying that altcoins have to join bitcoin in this dip journey when it started dipping. Hive has been ranging within $0.8 and $1, when are we surpassing last all time high? But then, what do we do? HODL, Sell or Buy the Dip?

I am not the type to sell, I am the type that will always preach and scream HODL! HODL!! HODL!!! But this time I had to go against my principle to sell off some tokens like CHR, TRX(I actually forgot I had this coin) and some of my GMT token to invest in some tokens like buying more CAKE and buying FITFI.

FITFI is the native token for a new move to earn called stepapp. It’s a move to earn that is like StepN but on the Avalanche blockchain. It’s looking promising, the sneakers and app has not been launched yet. Staking some FITFI gives you opportunity of getting a loot box which has skins and sneakers inside. Because of the loot box and staking, the demand for FITFI increased and my asset increased in value. Glad I did that, I will be staking my token to try my luck to see if I can get some NFT skins and sneakers so I can earn while moving.

After buying some $FITFI, I decided to buy some CAKE because the price is currently very low. Pancakeswap launched a new feature where you can lock your CAKE token for a long time and earn higher APR. I had $50 I felt like locking up for 52 weeks on Pancakeswap. I did that because the APR was reading over 200%, but the APR has gone down to 162%, which is still not a bad idea for me. Because, $50 is money i would have spent if I don’t stake it. So yeah, I chose staking it on Pancakeswap for 52 weeks instead.

It’s been compounding quite nicely and I got a pop up message telling me to claim a project Galaxy X Pancakeswap NFT for staking my CAKE in the fixed term for 52 weeks within 24 hours after launch. I didn’t how to get excited because I never expected this, and I staked that because I didn’t want to spend the $50. Feels really nice, May came with a nice cool blessing. Don’t know how much this NFT will be worth, but getting a cool NFT that you never expected is really exciting.

The message also said that holding the NFT until May gives you opportunity to get a Galaxy airdrop token. Don’t know what that token is, but I will be researching later, the NFT is in project Galaxy wallet. It’s really cool, just keeps making me glad and happy I am into crypto.

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