Splinterlands | Reasons I Bought Some Legendary Lensmaster Cards!

After making a full Guide on Splinterlands For Passive Investors last week, I kind of sold myself on doing some more accumulation picking up cards that I believe are too cheap similar to the Almo Cambio cards I picked up a couple of months ago.

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This post is kind of a follow-up for those looking to passively invest in Splinterlands breaking down what I am personally looking for in the cards that I'm buying. After looking at the market, the Legendary Lensmaster card stood out to me at the ~ 57$ price it was being sold for and I managed to pick up 3 of them and possibly more if someone sells at these prices.

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Reasons The Lensmaster Might be a Good Buy at ~60$

1. Very Limited Amount Of Lensmaster Cards
Right now there are many cards that are powerful in the current meta that go for really high prices (Mylor / Chicken / ...) despite there being quite a high supply of those cards. When it comes down to the Lensmaster, there are only 1420 cards of it in circulation with not that many that will be added from here on out from DICE packs that have not been opened yet. This is one of the lowest amounts out of any of the Legendary cards, especially among the cheaper ones. This brings about a very nice Supply / Demand dynamic which pretty much pushes up the price each time someone buys with the intention to hold on to it long-term like me. With an increasing number of players it will be harder and harder to get this card. The fact that is not the strongest even though it's pretty useful is not that important.

Just to make the comparison, the new Legendary Reward cards will have 200k single prints which will make the older legendary cards crazy rare.

2. High Collection Power
Collection Power is something everyone needs and it's quite hard to come by. A card like the Lensmaster has 1000 Collection power in it which makes it an easy card to rent at a good price without much work and there will be demand for it from players that rent for a day getting a quest where they need to use the Life Summoner.

3. Optimizing Collection.
I am selling some other cards I believe are too expensive in order to fund the buys of the Lensmaster. In particular, the Earth Splinter Mushroom Sheer which is a common Rare card from the old reward set which has a total of 14947 cards in circulation. I put 3 for sale for 40$ (which almost instantly sold), 41$ and 42$ (the cheapest singles available of that card). I have a total of 20 of those cards left with nearly all of them being put to work on the rental market. For the price and the 60 collection power it has, the Lensmaster just is a crazy better deal so I'm switching around some cards optimizing my collection.

4. Long Term Investment.
I'm not planning to sell the Lensmaster anytime soon and see it as one of my rare core Splinterlands assets just to hold and get returns on from both the rentals and the SPS Airdrop. If it goes lower in price, I will likely continue to add some and I don't plan to ever combine them only buying single cards.

5. Monstermarket Cashback.

When you use Monstermarket.io to buy cards on the market, you instantly get a cashback which in the case for 3 Single Lensmaster cards came at ~526 DEC.

6. Content Material.
As a follow-up to the Splinterlands Guide For Passive Investors this makes for what I believe is some good content as an example for those who are looking for more details on how to potentially find good cards to buy. Getting some Blogging earnings also indirectly lowers the cost I bought the cards for which is a quite nice dynamic even though it's by no means the reason for me to buy them. I'm looking into further swapping some of the cards I'm holding and not usig for what I believe are better and more efficient investments with a very similar type of thinking to why I bought the Lensmaster. A case can be made that it's better to hold DEC since that gives much more SPS airdrop points but I do not like the dynamics there as more is getting printed the higher it goes with the rewards soon being doubled which could very well decrease the price of DEC.

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That's pretty much it, there is by no means a guarantee that this card will go up in value and the entire Splinterlands market for all I know could crash. Looking at the risk/rewards it does look like a pretty good opportunity still.

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