Trying to build SPS Stake in Splinterlands

In web 3 games we have certain digital assets and the more we hold the more value we keep in our game account and the same I am trying to do with the splinterlands. While we know that it is a card-based game where we use these NFT cards to play the battles. Every card in the game is NFT having different use cases and different abilities so overall I can say that every card is unique in the game and follows nft principles. Cards are an important part of the game but that's not all because many other assets are also equally valuable in the game ecosystem so it is suggested to keep a balance on the hiding.

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Apart from cards, we have different assets including booster packs tokens, lands, and many others but I would say that token is something that we should try to grab more this time when the market is low. The game dynamics are linked with the market sentiments so if the crypto market is down then we can see a similar impact in the game market as well. In the current scenario, we can see the same in various gaming assets where the prices are down which I see as an opportunity to buy more. If you are a new player in the game then for sure you need to focus more on the cards because that will help you to enhance your gaming experience and give you more power on the battleground. You can surely go with the rental option which is also good these days because most of the cards are available at affordable rental market prices but if you own some then it gives you better power than the rental. I am not against rental but the problem with the rental market is that you will lose some cards all of a sudden whenever the owner cancels the lease and you won't be notified.

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SPS is a valuable game Component

SPS is the governance coin of the game and indeed it's a valuable component of the game. Now because the rewards are linked with the multipliers the more SPS power you have give higher the multiplier that will make you eligible to get better rewards. this multiplier starts from One X and goes up to 12X depending upon the holding you have. also in terms of quantity, it can go up to 1.2 million approx and this is a bigger quantity. If I can somehow make it 1.2 million in the next few years then I'm sure it will be one of the biggest achievements for myself in the crypto market but to be honest I admit that it is very tough. It took me two years to have over 120K tokens so you can imagine how I am growing my overall sps balance in the game.

The last two months were not good for me in terms of SPS accumulation because the price was high so I put a pause on the buying but now since it is coming back to my range I am starting. I have already placed my buy order in the exchange to see if I get lucky enough and my orders get matched because I follow this strategy quite a few times and it works. It is difficult for me to track the prices manually so I have set up a reminder on the application that notifies me about any price change as well as I prefer to place the order and wait for this to get matched.

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SPS Order Trend

Here I'm sharing the snapshot from the market and it is order history where you will see that the majority of people are selling the token and this is not the situation to get worried if you believe in the token. I always believe that when everyone is selling and you believe in the project then that is the right time for you to jump in and buy and this is why I have started my buying and placed the order at my price. I don't know if my order is going to be matched or if I will have to adjust it a bit but looking at the overall sentiment it looks like my orders will be matched soon. I'm not at all worried about the current price as it is going down instead it is a good time for me to buy more at the better price and I'm going get more tokens for the same money that I invest in the game.

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I expect that if the price continues to go down then probably in the next two to three months, I should be able to make it 150K in total. I dont try to be greedy here but this is the plan which I have and I am much confident that if I stay focused then sooner or later I will achieve it since it is about the consistent approach to build and I am quite consistent with my focus and strategy to build on the game. Because of SPS, I am not able to focus on other assets as I want to bag more SPS first and then move to other assets in the game. I have some cards on my list that I want to buy but just because I am more focused on SPS this time I am keeping that aside and continuing to play with the same card I own. I wanted to try out the rental market but could not do however this is still a plan that I might execute in the next few days or weeks.

Thank you

Posted Using LeoFinance Alpha



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3 comments
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wow you going big on sps. probably like 5x my SPS. 150k is big goal . seems like you will never be satisfied once you get more you'll want even more. end of next year 500k SPS for you?

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