Road to 150k SPS || Reached 134k SPS Milestone

Sps is one of the tokens in the splinterlands game that I am bullish on and even now when the token price is low I am trying my best to accumulate as much as I can. I follow a simple philosophy with the investment when everyone is worried about something then its the right time to buy more. Basically, this way we follow the approach which is against the market sentiment but if the project is solid and we know that it is going to grow a lot and it is just a matter of time then I do not think there is anything that can stop us. I follow the same thought with SPS because I'm quite confident that this token is going to be much more valuable in the long run and this is the reason why I am trying to put more money on this token this time when the token price is quite low.

I had to put a pause on my sps buying after the change in game in the month of July because the price was increased but now the price has come down and I have started again to buy more. This week I have powered up a total of more than 9000 sps. I did power up 6000 sps a couple of days back and today I did stake another 3000 SPS to my balance.

SPS is Undervalued

I think the same that S P S is highly undervalued and this is the reason why I am trying to grow my holding. To be honest I can't see what price we're going to say for this token in Next One year or in the next bull run cycle. Even if the value of sps does not grow then it is not a problem for me because with an increased stake in SPS, I should be able to get better at rewarding the game and this is going to be my immediate target and goal in the game. I expect to have 160K SPS by the end of this year so that I can move into diamond with the higher multiplier.

As I have already mentioned today I have powered up more than 3000 sps and below is the snapshot for the same where you can see the count I have added to my balance. I know that many people are doing it and I'm quite confident that whoever is trying to accumulate more SPS this time will be very happy later on when things will be much more valuable when the market recovers. I don't care about the market because I believe sooner or later the market will surely give a boost to the sps fries but for now, I am more concerned about the gaming reward and this is why I focused on bringing more SPS to my game account so that I can avail the higher multiplier even in the Diamond League.

Current Holding

This is my current holding and as of now, it is 134k in total. The current APR is almost 15% and there is no unstaking going on in my account and even I have not given anything on the rental market because I use all my sps power for my game account. The rental market for SPS is certainly a good option for those who do not play the game and this way they can earn some additional reward while earning the standard APR on the holding. The market is not good for me because I'm a player and I play every season so the more SPS I have will make me have a better season and reward and this is the reason why I do not want to lease out my SPS power in the rental market.

I like the idea of the sps power rental market and it is very good because it can give the option to earn passive income for the people who hold sps but do not play the game. I think this can also give an option to people to invest on the token because this can give them a great reward which can be considered as a decent passive income. Splinterland has multiple options to generate passive income and this is what I like a lot about the game. I am sure in the next bulletin cycle things are going to be much more valuable so right now is the good time to make the most of the available opportunity.

I hope that in the coming days and weeks, I'll be able to buy more spears because the current price is definitely very low and I am trying to grab this opportunity as much as possible. There are multiple goals that I am following including the SPS, Leo and of course, Hive Power so I am trying to have a balance between all of them and grow all the aspects of this platform.

Thank you

Posted Using LeoFinance Alpha