Rental Market Blues = BUY CARDS?

untitled.gif

Good morning Splinterlandians... or... is it?

untitled.gif

Today I wanted to talk briefly about the Rental Market as I am trying to build up a passive income stream that looks like so:

Rentals: 100k DEC/day
Staked SPS: 100 SPS/day
Pool SPS: 100 SPS/day
License Nodes: 100 SPS/d

My total 1st "Large" Goal for passive income = 100k DEC/day + 300 SPS/day

untitled.gif

However, despite my investments into the Rental Market, the return seems to diminish and diminish and so on...

However... there is a POSITIVE side to this...

While certain cards are JUMPING in price due to land - GFLs...

Other cards... not so much...

Which means... I could shift focus a bit from my RSCs to actually making a deck for Modern Champ League!

When Untamed rotates out... I won't need a gang of L4 Llamas or Yodins... etc...

If I focus now...

untitled.gif

I could allocate some of that fresh FIAT into a Champ Deck for post Rebellion...

Which would allow me to:

A. Drastically increase PLAYABLE INCOME
B. Increase overall Collection Value as the cards will undoubtedly rise as they cycle out, 2ndary packs dry up and players come in (Bull market things)

Ever since I paid off my van (and other debts)... still have $10k to go but that's PEANUTS compared to the $240k I paid off!!!!

I am able to increase my weekly Crypto investment from $100 to $200 and now $250 per week!

I will be losing my second income temporarily due to the students at my Alma Mater going home for the summer...

But hopefully my reduced bills/expenses will allow me to continue to pay off debt, increase my savings - need FIAT/Precious Metals for the pending economic collapse and still have enough left over each week to allocate my goal of $250/wk :)

I truly hope the Rental Market turns around soon as my goal of 100k DEC/day is getting further away lol...

Currently, with 5d remaining in the season, my account status is:

RI 4-24.png

So that's roughly:

-$600 in Value from last season about this time
-2k DEC/d from last season... :(

There were a couple of seasons where I broke the 10k DEC/d mark at EoS... but I don't think I'll break 7,500 DEC/d at EoS like this :(

I'll keep at it, changing strategies slightly as the market conditions change... and remember... when the asset is performing POORLY... as long as you believe it has a promising future... that is when it is the BEST time to buy said asset... because it will be CHEAP!

Have a great day everyone, I look forward to seeing you soon and I'll be making my weekly infusion in the next day or so...

I'll have a detailed breakdown for you then!

I hope to see you soon and I would love to see you in-game! I play Bronze League as @llama-kron but you can join me in-game here:

https://splinterlands.com?ref=captaindingus

Cheers 🍻,

  • CaptainDingus


0
0
0.000
3 comments
avatar

Interesting Splinterlands strategy :-). It's true that rental income is going down through the board. I concentrated my efforts on income from the game. With less cards rented out and less active players, the reward pot for active players is actually growing in higher leagues. Nice post!


I have picked this post on behalf of the @OurPick project and it will be highlighted in the next post! Comment Footer.jpg

0
0
0.000
avatar

Great overview, looking forward to seeing your strategy come to fruitition. The rental market is very tough.

0
0
0.000