RE: Staking GLX - Reached 3000+ GLX Tokens Milestone | SPS Staking
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Yes. the Price is much lower as compared to last week's price was around 0.035$. Good time to invest and will get a good GLX token at a cheaper price. Thanks for visiting my blog. 😊
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I have similar amount, don't you think the GLX price will fall down significanty??? (Generally, crypto is going up, so Hive + the node sale rush - what pushed up the GLX price - has gone.
I was checking the trades, some GLX speculator lost huge in the last few days... and generally plenty who store more for nodes selling what they left right now.
If the price goes down, I will see it as an opportunity to grab more glx. (According to me, it's always better to hold rather than panic selling in losses).
I was checking out SPS price, as the developers are the same. Perhaps, reasonable to compare to that. @dalz has a good blog, posts about it.
https://peakd.com/hive-167922/@dalz/splinterlands-stats-or-apr-2022-or-transactions-games-players-dec-and-price
So in 2021 it was mostly in the 0.20-0.40 range, last year 0.10-0.20, however today it is just 0.07
If the price trend will be similar (and nowadays is the top), it will be a huge loss, even in mid-, long term. Of course, there is the other side, what if it will jump between 0.50-1.00 around 1st game launch... then it can be huge profit from price jump + the game will be a free to earn in the future...
you see my doubt about buying more GLX at current price or not... :) :) :)
He covered good points in this blog.
I understand your doubt to invest more in glx or not. According to current market, Risk is higher. (As the market is unpredictable.) Its good to stay safe and not invest much. (or invest a small amount which you can put at risk)