Over 90K GLX staked and not looking back
I have religiously documented my GLX staking adventure and slow but steady rise towards my target. I basically drop an update of sorts, as I navigate the intricacies of the crypto market and try to make some sense of the situation.
I have been dropping updates whenever my GLX stake increases by 10K and since my last GLX update, I have reached another milestone in my staking journey. Crossing the 90K mark is very special to my adventure, as it represents the final push towards my 100K goal.
I must admit that my pace is much faster than I envisaged and at this rate, I might be tempted to push my target by an extra 50K. However, I have to give myself a mental pat on the back for staying the course despite numerous distractions and focus my efforts into getting this done.
At this moment, I already have over 92K GLX tokens staked and they're farming more GLX for me. Based on the current SPR for staking, even without market purchases, I should be able to reach my 100K goal in about 25 days but I feel like that's a little bit too long for my liking.
As much as I'm not trying to rush into things, I consider every price below 10cents to be a dip, and so, I will be dipping my toes into the market at regular intervals, until I reach my 100K goal.
Wet toes
There's no nicer way to say it, I am broke and that is what makes this my steady rise to 100K a massive victory for me. I have basically been converting assets I earn from publications and liquidating some of my dormant Splinterlands assets to get me over the line.
Reaching 100K staked was actually a target I set after I found myself at 50K and still pushing. At that stage, I figured that since I'm already here, I might as well just keep going.
For me, the main focus is the bigger picture and the future of the asset. GLX holds the promise of being the governance token of an umbrella project that will house numerous Sports-themed games that I reckon will attract aficionados from across the world.
The first of many Sports games to be launched on Hive will be Genesis League Goals and with a partnership with Major League Soccer Players Association, an important association that governs football(read "soccer" for Americans) in America, the project holds a lot of promise.
So, I am putting a lot of weight towards this project with hopes that in the near future, I will be holding a decent chunk of a token with immense importance to the above mentioned project.
I hope my gamble pays off and things go according to plan. In any case, no regrets and no looking back because this is the life I chose and I have to live it.
Posted Using LeoFinance Beta
Huge number man! Keep staking ✌🏼
Thanks mate.
Congratulations on getting closer and closer to your goal of staking 100,000 GLX tokens. It's impressive to see how well you've kept track of your journey and figured out how to deal with the complicated crypto market. It's great to hear that you're making progress faster than you thought, and I can see why you might want to add an extra 50K to your goal. I can see that you want to keep dipping your toes into the market until you reach your goal, even though you consider any price under 10 cents to be a dip. I agree with you 100% that you should be thinking about the asset's future and the bigger picture. I hope that your staking adventure goes well.
Thank you kind sir. It's been quite the journey, I must say and I have been spoked many times by the market but I keep going.
The launch of the game will be a major moment for me, as I expect the market to react positively to it and pump GLX in the process. I'm still staking long term but short term profit will also be a good morale booster.
Excellent! 👍🏻
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That's a serious amount of tokens staked. Congrats on those numbers.
I sold mine all the way along and pumped them back into splinterlands but i think it's almost time to start switching back to GLX and start a stack there too.
If SPS could just start creeping back up i would start buying back into the project and hope for a big future like oyu say above.
Posted Using LeoFinance Beta
It's a major risk considering the game hasn't launched yet but I think things are going to start moving really fast in the coming weeks and that could reflect positively on the price of GLX.