SPS Price up and achieved 66% of SPS Goal. My future strategy...

SPS is one of the tokens on which I am very much bullish since the day of the launch and it's because this is a part of the leading play to earn a game in the blockchain. The splinterlands ecosystem is growing so it's obvious that with the growth SPS price will also grow and holders will get the benefit of holding or staking. Right now when I am drafting this post, the SPS airdrop has completed 263 days out of 365 which means now it's left for 102 days. This is a period which is will keep the players rewarded and I am happy to be one of the players who is getting the daily airdrop.

src

SPS token price has gone up by almost 30% and earlier it was $0.10 and now it's at $0.13 which is good for the people who are sellers but not for the ones who are the buyer because now with this price there will be less token with the price increase. I did buy the SPS token when it was at $0.10 and now it's up so I am going to take a pause on the buy. I will still keep track on the price of the token. If it will drop back to $0.10 then I will buy again. I have a clear strategy with SPS to hold 50k tokens and I am trying various ways to accumulate more and more tokens so that I can reach my goal faster.

I have achieved 66% of my SPS goal and now I am left with 34% for which I have about 100 days because I want to have it by the time airdrop ends. Airdrop is one of the ways through which I am earning more than 100 tokens and there is inflation applicable with each passing season. I am buying some DEC and cards to increase the holding so that my airdrop does not drop much and I can keep it consistent.

Apart from buying another plan is to hold all the tokens in the game account so that I am able to earn the voucher tokens and an APR of over 25%. This is dual-earning with the stake and with the increase in SPS stake this will grow and once APR will surely go down by the time, I reach the 50k milestone however I don't think that it will affect my SPS earning much. When the stake is higher then even with the less percentage of APR it will earn more tokens.

This season is over today and the game for another season has just started and this is another opportunity to earn more gaming assets in the next 2 weeks so that airdrop continues to increase. I am looking forward to the launch of the upcoming rift watchers pack and for that, as of now, I am not holding anything liquid in SPS because probably I will be able to buy some amount. If needed then I will un-stake some tokens as per the need.

Thank you.

Posted Using LeoFinance ^Beta