Investing and Re-investing strategy in Splinterlands

The current situation in the Crypto market is not bullish which means it is an excellent time to build our account or the portfolio because prices are lower. this is applicable for the crypto points as well as for the assets in the spliterlands game. This is never easy to figure out whether it is the bottom or not but based on the markets and demands we can find a price or the situation which is closer to the bottom and I feel like the current situation is the same when a majority of the cards or the assets are available at low price in the name. It is like the majority of Crypto points are also available at a discount.

I have been following a strategy on the game which is investing and reinvesting and this has worked well for me because my account work has grown over time. I have completed three and a half years on this gaming platform and during this time I have never withdrawn anything from the game. This is because I believe that the game will be much more valuable and now my routine is to play the battles every day so selling up the assets will take the fun away which I don't want to happen. I was able to upgrade my level within six months of my starting the game. Even after that, I continued to do that and now a majority of my cards are in level 6 or so which is good because I can enjoy the game in time and league now.

Investing and Re-investing in Game

I have been investing since the beginning and even now I follow the same strategy because I invest in tokens primarily these days. The token I'm investing in these days is sps and it is because its going to be a valuable component in the game hence it is the right time to fill the bag before it is late and the price goes up. As I have already mentioned that in the game I have been following the investing and reinvesting strategy so whatever rewards are generated through my holding or reinvesting in the game to increase the value even faster.

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I believe that if we invest in a project then it certainly helps us to grow the value but by following the reinvesting strategy things grow even faster and this is what I have been doing here. As per the current market price maybe the value of my holding in the game is low but I know that it is going to be significant once things are in a better situation and the market grows.

Assets Building and Diversification

I have also followed the diversification within the game and as part of this, I tried to accumulate almost every asset with a different quantity. It is a card-based game so it is obvious that people spend more money on the card and even I did the same but I also invested in other assets including the licence for the node validator, plots, booster packs and even SPS etc. I think overall my card value should be almost 50 to 60% of the overall investment and the remaining will come from other assets in the game. Still, this percentage can vary because I have not gone through any proper calculation to share this number and it is just a rough estimation.

I will continue to follow the same and one of the best parts that I like about the game is that there is a lot to explore and even with the diversification we get a huge variety to choose from. this way the game ecosystem is so vast that allows us to go with a diversified investment in different components.

My overall journey on the Splinterlands game has been amazing so far and I'm sure that it's going to be even better in the next market cycle so it is the time when I am getting ready by adding more value to my game account. There have been some good changes in the game and I'm sure there will be many more in future which is needed for the community to stay engaged. The land is going to be one of the biggest addition to the game and I also own some plots but not sure how it is going to work But it is going to bring a lot of excitement to the ecosystem I believe.

Thank you

Posted Using LeoFinance Alpha