One step closer to my GLX staking target

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I have had a singleminded approach towards GLX and Genesis league sports platform as a whole. My approach has been to simply stack and stake as much as my clickers can touch.

For the most part, I have stayed true to my goals, despite my need for cash outside crypto. The way I see it, throwing a couple of dollars towards a token with immense potential can only go one way.

Three days ago, I celebrated what I felt was a landmark moment in my staking journey, as I reached and slightly surpassed 50K GLX staked. Today, I have the pleasure of celebrating another landmark moment, as I have finally reached 60K GLX staked, thanks to a small purchase I made a few hours ago.

I must admit that I was somewhat spooked by the way the price of the token has dropped and despite monetary reprive from the slump, there's still potential of further slump below 1 cent. It would obviously be an unwelcomed situation but one that I am willing to accept and maximise through dollar cost averaging.

In any case, I said in the beginning that I have a singleminded approach towards this project and that is largely due to the team behind the project. I am going to continue buying and staking GLX token for the foreseeable future and in the process increase my income that will still be invested.

The dip, the stake and the thoughts

Yesterday, GLX dropped to as low as 1.2 cents and I reckon that's the lowest the token has ever dropped. Today, the token experienced a minor resurgence that took it to 1.3 cents temporarily and really, that's such a small margin.

The dip in the price of GLX token has enabled me to rapidly increase my stake over a short period of time. I certainly hope we've see the worst of it but if we haven't, I'll have tiny amounts of HBD available to consolidate my position.

One thing I know is that when you hit rock bottom, the only way to go is up and GLX is approaching rock bottom. When the damage from the exploit is eventually absorbed by the market, we will see positive price action.

There's also the little matter of the actual game that has been on everyone's minds since word about a potential release broke on the discord. The first game will be Genesis League Goals and people with packs will be looking to open them and start playing.

At the time of writing, I have 82 packs for the upcoming game and I'm quite excited to see how the game shapes out. We know that it will have elements of Splinterlands but I expect it to be somewhat different.

I reckon we should be expecting a marketplace for the NFT assets in the game and more development on the GLG page. I'm 18 packs away from getting early bird access to the game but I don't know if spending that $90 on packs will be worth it.

Posted Using LeoFinance Beta



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6 comments
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Nice staking and I am also building up slowly on that and at the moment I am at 20k GLX. Hopefully together with the game launch and new use cases, we'll see some appreciation in value all over the ecosystem.

Posted Using LeoFinance Beta

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That's what I'm hoping for. I just want to ensure that I have a decent amount staked before the launch of the game

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