Tax Day and My Actifit Report Card: April 15 2025

Yesterday, I took a bit of a break from walking and reached only seven thousand step milestone. It was after a big walking day the day prior.

I was very busy at work after coming back from a vacation we took last week to New York. Today was also busy, but less so, and I will be reaching at least ten thousand steps today.

These beautiful decorative cherry trees are flowering right now, and I took some pictures of them today during a nice, warm, and sunny spring day in Seattle.

They don't really have any smell like the real cherry trees that I am used to from my childhood days in Ukraine, but there are other quite flagrant bushes that I was smelling as I was walking by these trees today

They are the landscaping bushes that are often used as green fences:

In the last few days, there have been some issues with some of the top Splinterlands SPS Validators due to the switchover to a new version of Validator software that broke the Validators that didn't update their software in time.

I am happy to report that my validator is working perfectly with zero missed blocks since the launch of Splinterlands Validators.

Sps has been doing great despite a very challenging crypto market. DEC is also sitting very close to it's peg and we are not even at the start of the Conclave Arcana pre-sale.

It will be interesting to watch where Sps will top out and if we get the flywheel effect this time.

Altcoins charts are looking like they are in a classic bear market. PRIME token that was a darling of gaming and AI narrative last year is looking like it is sitting in between Panic and Anger stages of the classic market cycle.

The same can be said about Coinbase proxy for the BASE chain AERO token that is down to a quarter of a billion market cap from a recent high of over 1.5 billion.

These are major pullbacks and I wonder if the altcoin pump is delayed or not happening this cycle or if the highs we saw recently were the altcoin pump this bull cycle.

The economy in US is not doing good, last week we saw stocks drop and instead of the classic flight to safety where investors sell stocks and buy US treasuries we saw a major selling of treasuries.

This looks like foreign investors are pulling out of US market. Dollar index is not looking healthy either which does not bode well for the economy.

The tariffs moves might have put us on a real path to a major recession. I see predictions for continuing drops in stocks and all risk on assets.

Gold has had a major run up and might not be a safe place to hide as it is due for it's own correction.

For now cash looks like a safest place to be, but USD might continue loosing its purchasing power.

I guess we are getting a great opportunity to accumulate more tokens and all kinds of assets at great prices going forward.

What is your thoughts on the market here?


This report was published via Actifit app (Android | iOS). Check out the original version here on actifit.io


14/04/2025
7051
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8 comments
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Beautiful postcards dear author. Flowers are caresses for the soul.

Greetings.

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Thank you. Spring is a great time to see flowers.

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I was really looking forward to some of my alts doing really well this run, but it looks like that isn't going to be the case. I guess we still have time, so hopefully things turn around a bit.

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Hopefully, but it is hard to see them doing that during a recession if we go into one. Unless federal reserve cuts rates big time and injects major liquidity igniting major inflation...

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Yeah, I know. I am pretty bummed. I screwed up last cycle and I have been waiting four years for this. I don't know if I have it in me to get as excited for another four years. It feels like I am just wasting time waiting.

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Congrats on providing Proof of Activity via your Actifit report!

You have been rewarded 324.4941 AFIT tokens for your effort in reaching 7051 activity, as well as your user rank and report quality!
You also received a 1.65% upvote via @actifit account.


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