SPS Token Strategy in the Current Crypto Market

Bitcoin ETF has been approved but still the price of BTC is falling because the instant impact cannot be seen in the market of this ETF approval. Spot EPF approval will bring positive impact in the market in long run because institutions will now consider Bitcoin ETF as one of the investment and once the invest then they will keep it for the long term because they will prefer to keep it in the books. In the current market scenario when the price is going down is normal how you are the price of ether is increasing.

Talking about SPS which is the governance coin of internet is also going down slowly and below is the price moment for the token in which we can see that it is gone up by 50% in last 60 days. But in last 30 days or something we can see the value moment in red colour which is a clear sign that the token is dropping its value slowly. I know that the SPS is highly undervalued if you go through it's utility in game and once the market is in bull sentiments then the value of SPS will also rise significantly..

src

I am the one who will be buying SPS and my price would be starting from 0.02 usd. Once it reach this mark then I will start buying and because I do not buy all in one go hence I will try to buy in parts whenever there is better price available and hopefully if that happens then I will be able to increase my SPS holding this year. Let's see how much time it takes to be there which is my buying range and I will not be taking too much time since I know that this year is going to be a kind of bullish market which is expected to happen. With SPS I always feel like having more and its like the more I have makes me feel like having even more but at least I want to make it 160k at soon as possible so that I can play diamond with the higher reward multiplier.

I am trying to keep a tab on the SPS price and this is because I am interested to buy. It is one of the token which is also paying a nice apr of over 13% just by keeping the token in stake form and on top of that if I am not a player then I can also earn approximately 6% by leasing it on the rental market. Overall return of 17 to 18% can be achieved through both ways and here I am not talking about the value appreciation which is dependent upon the market.

I earn SPS token through my stake as well as from my node licence and everything that I earn is powered time to time so that I can grow my holding faster. My ultimate goal is to have 200 k this year and since I am in the range of 140 hence this way I need to follow the ratio of 5 ksps in a month but it's not that much easy but can be possibility if the price drops. With 200 ksps which I am going to make if the market situation now then it will be my long term investment and no way I'll be looking forward to book profit real soon because I want to empower my game and with this much I can relax with the SPS and next target is going to be some valuable cards which are still in my wish list.

Rebellion is the addition where I did not have much card and I have a plan to build a deck from this addition of cards in the game like I did with the Chaos legion. The the price of chaos legion card is quite low in the market but rebellion is in demand and I expect that this will also be stable for some time but whenever there is drop then that is going to be the time for me when I need to jump and buy some cards from this addition that I can use for the game play. Adding more cards from rebellion edition will empower my deck for the modern format because my current holding is not good enough since I hold mostly car from the older editions. With the launch of rebellion now untamed pact is also part of wild format and it is retired from the modern.

It's important to have certain strategy in the game and I do have but it depends on the overall market sentiment and how things work then only things can be implemented and I am waiting for the right opportunity to do this. Now let's see how things happen and when I am going to utilise my strategy in the game.

Thank you

Posted Using InLeo Alpha