SPS on Rise and my Strategy ahead

After the launch of land in splinterlands things are heading towards the rebellion's official launch. We are going to have the rebellion packs.

It's been a long time when we are able to see this type of momentum on SPS token price and this must be making the community happy. I have been buying the SPS token since long and growing my overall stake. Currently I have over 140 k tokens en in my wallet and all these tokens are estate that means these are part of my game account which are contributing to my reward multiplier. This is a high value token but as of now it is highly undervalued that means we have the opportunity to buy and grow a decent holding that can bring of fantastic profitable opportunity in the long run.

SPS Price

Here is the chart for the SPS token price and we can see the positive price appreciation on the token. This is good and because of this increase I had to put a pause on my purchase and I will wait for the correction which is expected to happen obviously. The correction is going to be and opportunity for me when I will buy some tokens.

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There has been significant improvement on the SPS to comprise and this chart clearly shows this. The Bitcoin price as also increase and its seems like the same momentum is applicable in the case of SPS token also. I know that people who are still buying might not be happy and this is just because they will not be able to buy more but those who wants to book some profit should be happy after this type of price appreciation. I am bulls on this token and the reason why I am believe because I know that the token has got a fantastic use case in the game and it has got a bunch of utilities.

My Strategy

This price increase on SPS token does not impact my build strategy with SPS token because I believe on the token for long term. Although I'll be taking a pause here and wait for the correction to jump on the market because of obviously I will preferred to have more tokens for the same price and there is no point investing on the buy when the price is on higher side. I am not going to sale anything because if I do then I believe it is going to be a short term benefit in terms of profit booking and I don't find it worthy. I believe that SPS is something that will bring a significant returns in long term and reason why I preferred not to sell now. It's important to do the sale when it is right time and in my opinion this is not the right time to sell because this pump can be a temporary price spike and the better price growth can be expected in the Bull run. In the next bullrun the price for SPS is expected to go multifold and I easily expect this Token to go around half dollar.

I am happy that this price is increased after long time but I do not want to take any decision on the selling. I will just continue to hold the way I have been doing but if there is a better buying opportunity in next few weeks then I will try to grab it. I am building my account on this game for the long term and this time this appreciation is good but I don't think we are in the Bull market so we should not get on the trap of this nice growth that might not stay for a long term and aim for the big one.

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