RE: Accumulation of SPS is started: Why it is the best time to buy SPS?
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Deff is the best time especially when GLX is a higher price and giving a crap load of tokens you can allocate like i think i get 2500-3000 glx a day and 1000 plus sps so been swaping glx to sps as its getting almost 50% more when translates into 30% of the airdropped 100 million instead of 20% and also have about 110K glx which is going up a few percent a day by the end of the year hoping to have a 500K GLX to 1 million. The node drop should help to thats my main focus is getting nodes bc with sps low they act like a futures contract as all the cash flow value depends on the sps and voucher price so it it rips up my 13 nodes right now will be worth a crap load more and i can sell a few to cover the cost of the originals. Hoping to get to 30 soon as i want to be able to have negotiating power when joining a validator pool or start my own if i can make it a top validator myself with self delegation of sps then i can go to others and say here look then when ppl see that i can sell units of say 30% of the operation at a bit of a premium bc of the extra work as well as a bit for a monthly subscription to the revenue rights for a up front payment per month so its a hedge one will make out one will lose out. It will keep my income steady and get it a month in advance which can be put to work for 30 days when i did not earn it yet.
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Yeah I agree with you and your strategy is definitely sensible you are also growing your SPS from the nodes and other assets also. I prefer the nodes which will definitely give you a solid return but at this moment GLX seems weaker I haven't invested in that but getting a tiny portion for my staked SPS. Nodes are going to dominate in the future decentralization of the game. Best of luck with your plan.
As a player, I don't have a plan for such a big investment but trying to keep myself growing slowly in a sensible way!
Thanks for stopping by!
I just like SPS now bc of the GLX drop whixh then is giving a few hundred percent still and will be buying nodes now bc they will fly in price when they do
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Yeah that is the best thing to do right now to accumulate SPS and more SPS in further dumped which I am not expecting anymore as already it has lost all its value already! it should increase now slowly and steadily.
Depending on how you look at it and what you did were pretty much what the token started out at when there were a lot less coins wehn you adj for all the staking rewards received.
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Depends how much value is added and is it before ppl decide its worth less than it was bc of the dilution as with the dilution we need to get the value add up and more players to keep up with the token values even staying the same would actualy increase your money bc if the token stays exactly even and the supply expands you have more money. Usually you dont need to really think much about it with price but these types of tokens make my head hurt sometimes lol
Yeah, the price will definitely increase with the staking requirement implementation. And that will pull SPS from the dumping trend I think.
And we still have another billion to go but this year if all markets and gaming especially rips it doesnt matter to ppl as the fomo in then i will be dumping on there head bc it will splike back again and again and finally pick a direction hopefully im right and im hoping selling my GLX while its 3.5 cents to get a lot more in sps which increases my air drop of GLX and that is at about 300% still. Do you know how many more days pack staking gives GLX i want my GLX staking to equal the back stakking of 2K per day before it stops
Sorry to say that I don't know the info about this, may be you can ask in the discord server someone will answer I think. And I am also hoping to see some spike in the price this year hopefully!