Splinterlands Rental Market Woes and Emotional Trading

Good aftertoon gang,

The Splinterlands Rental Market has been steadily declining in RoA% over the last few weeks

Currently I am only getting 2k DEC/d from my rentals which is a SIGNIFICANT decrease from before.

In addition, the price of DEC has declined again...

Furthering to my woes - my Collection Value or $CV has dropped about 25% in the last few weeks to coincide with that...

This GIF can sum up my feelings on the matter:

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Now, with that being said... I must emplore each and every one of you out there in Cyberspace...

TAKE. YOUR. EMOTIONS. OUT. OF. YOUR. TRADES.

This means your Crypto Trades, your Stock Trades, your Rental Investments... EVERYTHING.

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Remember - value is found when an asset DECLINES...

As long as you:

Believe in the project/asset/etc...
Believe at some point, it will be worth more or valued higher than it is currently...
Understand WHY it is behaving as such...

Then one should always HOPE to buy an asset that has fallen 25%... because that's the discount that they wanted!!

"Man........ I wish I bought X when it was $Y"...

X drops down close to $Y...

"I'm not buying that... it's dropping..."

X stays close to $Y...

"It'll drop any day now... this isn't the bottom..."

X makes new ATH...

"Ahhhhh MAN... I shoulda bought X when it was at the bottom!!"

Emotional trading summed up...

As for me...

My weekly Crypto purchase will come Thursday this week...

I aim to snag:

$50 Bitcoin
$50 Hive
$50 SPS
$50 Cards
$50 ETH or similar

untitled.gif

Here's to the continued hard work from the Dev Team at @splinterlands - I hope you keep killing it, your dedication to the project and the community is what inspires my faith :)

I hope you have a great day out there and work on removing Emotion from Trades and Investments!!

Remember: Hoping and Wishing is NOT a plan!

Cheers 🍻,

  • CaptainDingus

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