Splinterlands - Started renting my cards again

Last month I wrote an article on how I have already started planning about booking profits after the recent pump of SPS. This month again I think it is still a good time to book my profits on Splinterlands. But before that, I thought it would be good to start renting out cards again. The main reason why I stopped renting was because I wanted to play the game. Currently, it is not happening and I don't have the time to play the game. The cards were sitting idle. Thanks to @sayee who gave me some suggestions to rent out my cards again.

Last time when I was using this service through golem. I was using an automated service that would adjust the price of the listing. But I stopped using that because it was not worth the effort as I was losing a lot of funds in the fees. Now the new attempt is the pick a piece and list the card at that price. I'm not going to make any changes to that price frequently. Maybe once a month I can manually review the price and update it. This way I wouldn't end up paying a lot of DEC as fees.

I have been getting close to 5000 DEC for renting out my SPS. I have a total of 100k SPS. It also gives me staking rewards and on top of that the rental rewards too. The rental market has also gone down now and the rentals are very cheap. Hardly I think I can make up to 5000 DEC per month which is close to 5$ if I'm not wrong. Sometimes I also forget to cancel my rentals and do the rentals again. If I have to be competitive in the market, I have to use a bot to pick the best rental prize and make it manage the rentals for me. I don't have the time to write a bot like that. Maybe if I had 100000000 SPS staked, it would be worth that effort.

Diesel pool is the biggest source of revenue for me in the form of SPS. I have placed all the extra SPS and DEC inside the liquidity pool for the rewards it usually generates. I've been booking my profits only on these additional SPS I get from the diesel pool rewards. It is so tempting to reinvest these funds back into the diesel pool itself but if I do that I won't be booking any profits from the game at all. That's why I wanted to take out at least a small quantity of profits from the game. As the price of SPS is good right now, I would like to take my chances to book profits.

I realized that it is not a good idea to keep my DEC idle. I initially thought it could be a good idea to sell them off and book profits there too but then later I thought the price of DEC is looking stable so I might as well hold them. Instead of holding them liquid, I thought it would be better to send them inside the liquidity pool and get the rewards in the form of SPS. I have added additional liquidity to the pool right now. But I guess the data as seen in the above image gets updated only once an hour. So it is still showing the old value.

Compared to last month at least the value of the assets did not go down. I'm happy about that. I hope in the next bull run the value of these assets will increase again. I also have some plans to invest some more into buying cards. I don't have any of these newer edition cards. It has been a while since I bought some new cards or upgraded some of the existing cards. It would be good to purchase some cards from the market. I want to do it because it adds more value to my collection and at the same time it is also fun to invest more.

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