SPS strategy this year in 2024

Wishing you a very happy new year. With this new year now it is also time to set up certain goals on the chain and SPS is still one of my bigger goal that I will continue to follow. SPS is the governance token for splinterlands game and it is undervalued this time but we can't ignore its utility in the game because it can be used for various purposes as well as with the holding we get the power to support or reject propose in the project. Wild governance is an important part in any project because with our stake we get the ability to support or reject proposals by the team and even community.

Even in the game with bigger SPS take we can get better season reward which I think everyone is interested including me and I do not want to lose on the reward. It is obvious that we all expect better rewards in the game and for that SPS holding is necessity which means the more we have makes us eligible to get higher reward. I already have a goal for SPS which I think will be taking long time for me to accomplish and I am on it.

SPS goal

SPS is the token that was launched in 2021 and now this token is more than 2 year old and since the beginning I have been accumulating the token because I believed that it is highly undervalued and I expect that one dollar SPS will happen in the future. I do understand that reaching the price for SPS at $1 will take some time how you are from the current market price 10 x jump is inevitable and in the next market cycle it is highly expected. Though I am accumulate the sps tokens holding for the better reward in the game as well as better gaming experience because with the higher estate I should be able to play in the diamond league.

Price

The current price which you can see on the below snapshot is slightly increased and I expect some correction in the price and this is why I have been waiting for last one week or so. If the correction happens then it will enable me to buy more tokens and if not then properly I will be waiting for some more time.

Source-coingecko

Plan this year

Since I will be chasing the goal for SPS this years so my goal is going to be 200 k sps in total. As of now I have over 140 k SPS tokens in my account and this way I am running short of about 60k SPS as of now. By this rate I should be adding 5000 SPS in a month to my holding and this is how I will be able to reach my goal by end of this year. This is something I am planning to do in the normal scenario but if there is any good opportunities to buy more token at the lower price then I will try to grab it. You never know when the market go through the correction phase and that would be the time for me to jumping and fill some bags but I am not sure whether it is going to happen and if then when but I anticipate that this will happen but for that I need to be prepared in advance.

Once again the entire year is left for this 2024 and I will be focused on the asset building in the game including this token. My goal for the Crypto is for the year 2025 and conceiting the atom still left with about 2 years in which this year is going to be more on the building side and I hope if the booran cycle starts this year then I might run short of time to build. If in case it does not happen this year then my holding will be grown more and I should be able to accumulate more to comes in the game including some other digital assets that are also in my wishlist.

Thank you

Posted Using InLeo Alpha