Splintershards (SPS) price movement in market and strategy
Hello Splinterlands and Hive Fam!
I hope that life is treating you well wherever you are in this part of the world. The weekend is also.
My Splinterlands Game account is - FinPulse9
SPS which is also known as Splintershards token of this play to earn game splinterlands game is a token that is in my watch list. Generally the token I try to keep on track our part of my watch list and I have enabled not notification for price changes for those coins in the app itself.
This time the price for sps coin is 0.006 cents and this price is moving in this range for some time. I did buy a lot of sps when price was around 1 cents and that time I had no idea that it can go much lower. Inke to market we cannot predict the prices and it is not just the Crypto market apparently in any market we just cannot predict the future prices so if since go in our favour it good but sometimes after the buying prices drop happens.

Same as also happened with me for you buying where the price was around 20 cents when I did buy a major chunk of coins but now it is in the range of 10 cents so now at this price I could have got double the quantity for the same coin but once again it is and unpredictable part.
When I did buying for sps and hive both coins, I was not aware that in crypto market we can do investing through dollar cost averaging. I got to know about it later else I could have purchased at much lesser prices this way. I follow SIP on my stocks investing and this is known as systematic investment plan which is same as dca. With this method of investment we can keep the average buying price lower in most of the cases.
While sps coin is available at low price this time and it's market impact so the problem now is that I don't have usdt available with me. I just wish that I could have more usdt with me so I could have purchase more coins and maybe I believe that this time is a good for the long term investing and even for the Bitcoin because the Bitcoin price is low. Trip to is a risky segment where volatility is very high but I think that can be a good fart of this market because here the possibility of appreciation is equally high. In stock market generally people make about 20 to 30% and 30% is considered a higher returns in this market which very few people make. In crypto market this is considered lower and looking at the overall Bitcoin adoption things are going to be more valuable but if you ask how much time this entire process will take I do not have the answer.
With sps my strategy is simple now that I will continue to track this price and the moment I met his to have some liquid funds I will be no sting on SPS and I also have some other points my list which I will be investing on. I have some other coins also in my list which I will try to invest on but only concern for now is that the shortage of liquid money and I am trying to get this done however not sure how much time it will take but let's see all these happen soon so that I can buy another bunch of Crypto coins for me it will be part of my long term portfolio. Thank you!
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Image Courtesy: crypto.com exchange app
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