RE: Like a kick right to the teeth (2021.12.10)

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First, a caveat that I am not very good financially. However, I feel like I am gradually learning. And one thing I am learning is that the market is cyclical. When it cycles up, it is very exciting because we make money seemingly from nothing. At what point do we say, "This is the top of the market. I will sell."

However, then the market swings down and all our investments seem to tank and we ask ourselves, "Should we cut our losses?" That, my friend, is panic selling. In many cases it is a move you might regret.

Here is the question you must ask yourself: Do you believe this is a cyclical/market effect or do you believe that Splinterlands is on the way out?

Most of my crypto investments are currently substantially down, so I think it is cyclical, but I don't know enough about Splinterlands (and I am invested in it also and dismayed to see my investment fall).

I don't know whether Splinterlands or crypto in general will ever recover, but I strongly suspect both will.

That is a long-winded way of saying I think you would be buying high and selling low if you sell now. But... you know, not financial advice, DYOR, etc etc.

!PIZZA
!LOLZ
!LUV



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It is probably cyclical. I read a possible explanation from people that the price of the older cards temporarily went down because of the arrival of the new cards. It will go back up over time.

Thank you for the tokens. I also give you some !PIZZA and some !LUV.

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Thank you. That explanation makes sense. Also, the market in general is down at the moment. DEC has not been this low since I started playing, which, admittedly, was quite recent.

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