Traded All my $DEC for $SPS & Staked - My plan & Strategy Ahead...

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Hey All,

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Finally I decided to move/swap all my $DEC that I had been accumulating for Splintershards (SPS). The $DEC that I have been receiving daily was from the card rentals income. One lot of the card rental income stream had helped me buying my first - 110 Tower Defense Packs. And the main reason to buy buy the Tower Defense Packs was because of the SPS rewards associated to it. Since then I had been accumulating my daily $DEC rental income which as of yesterday reached to a total of 310K+ $DEC & the same can be reflected from the above image.

My $SPS Stake steadily reaching 200K+ Mark..

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The swap of 310K+ $DEC got me close to 7.8K+ $SPS. All the $SPS received was redirected to the $SPS staking pool. Pretty close to achieving my GOAL for 200K+ $SPS staked by the end of this year 2022. What basically lead me to trade the $DEC for $SPS is the all time low price of $SPS. And also my strong believe for the project Splinterlands. I have been sticking around since the beta release of the game and ever since had been accumulating the in game cards. And when I say accumulating the in game cards, I mean too many of them and as of date I have close to 13K+ cards on the rental market; getting me close to 10K+ $DEC daily rental income.

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My plan with the rental income was to convert the DEC into SPS and stake $SPS. And finally doing this recent swap is a step closer to building my strong position for $SPS and will continue to the same in near future as well. Apart from building the $SPS stake. I am also looking to purchase Chaos Legion packs. Currently, I have bought close to 1360 packs and I want to be at a position of at least having 2k+ CL packs purchased. The last Airdrop got me 2 Possibilus the Wise and they were immediately put on the rental market.

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Buying more of CL packs would increase my chances of getting more cards Airdropped. Especially now that we are just left with another 3 more cards to be Airdropped. Hopefully, I should be able to achieve 2K+ CL packs before the 12th card gets unlocked. So this is the plan around purchasing more CL packs. And another plan that I have after achieving my 200K+ $SPS staked GOAL. Rotates around $SPS again as this is the governance token of the GAME.. Seeing $SPS trade at it all time low - I am in no rush to sell any of my $SPS gained and earned. Therefore, I am going to take this opportunity to make bulk purchases for $SPS.. and how I am going to get the cash for it.. Then the plan is to take my associated passive crypto income streams in buying $SPS. I am hopefully that I should be in a position to buy/invest another $250 in $SPS. Right now I am working to get all the passive income streams accumulated and once have accumulated $250 then would swap it for $SPS... hopefully the time frame that I have kept it by the end of this year, 2022... cheers

Traded All my $DEC for $SPS & Staked

#splinterlands #sps #rewards #sps #goal #staking

Image Courtesy:: splinterlands, beeswap

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I have been thinking to do the same for the last couple of days and now I will try to do this shortly. this sounds like a nice strategy

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Right; seeing SPS traded so low, I had to make some move.. wishing you good luck with your strategy as well. cheers

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