Strategy for Cryptowinter

avatar
(Edited)

Hello everyone!!! πŸ‘»πŸ‘»πŸ‘»

Ok. Nobody likes their tokens bleed as SPS and DEC have done over the last weeks.

In this post I will analyze the price evolution of both #Splinterlands tokens and which options we have to keep the value of our investment for the long-term

SPS has lost almost 85% from its value in November (from 0,70$ to 0,12$) as the graphic shows via coinmarketcap:
image.png

DEC has lost almost 78% from its value in December (from 0,013$ to 0,0029$) as the graphic shows via coinmarketcap:
image.png

Ok, this information might frighten the bravest. The first thing I did was visit my favorite app to control games spreading all over the world and its ranking of #blockhain and #play2earn apps DappRadar
image.png

First great news!! #Splinterlands is the most used app over the last 24hours with 320k single users logged.

With all this information, we've got different scenarios:

image.png

  • I don't consider scenarios 1 & 2 in short term (two months). Considering the market bleeding and other scenarios' pros I will have the minimum amount of both (I will keep my SPS generated and staked and amount of 5k DEC to hunt treasures in peakmonsters
  • Scenario 3 is my choice for these days. We are close to the next airdrop revealed at half the packs sold. Got 350 packs and I will buy the rest for another guaranteed airdrop.
  • I will keep an eye on the market, especially summoners. I want to get 3 summoners (Kelia, Thaddius, and Quix are my options). Will try to build them in foil.

The only question that one has to answer is if he/she enjoys playing the game. If it's yes, make a profit from this market situation with scenarios 3 and 4. And you? How do you feel about it? Feel free to comment!

I also posted an update of my assets situation

This post only offers personal thoughts about my next steps. This is not financial advice. Everyone has to take her/his own decisions. And only invest money that you can afford to lose.

image.png



0
0
0.000
2 comments
avatar

When you say hunt monsters with peakmonsters, are you just talking about finding steals or bidding or is there some other kind of monster hunt? Thanks for your thoughts.

0
0
0.000
avatar

Hello there! Just trying to get the biggest deals. I prefer bidding than buying. Thanks for the comment!

0
0
0.000