**Update** Was it a good time to get reward cards?
Howdy yall! I'm just your average dude who also plays Splinterlands. I share my thoughts and moves from time to time when I see options to be had in SPL trading :D
I wanted to share a post I made a while back, and an update for anyone who tagged along. I saw YT on it about a week after my PeakD post. This was a trading strat I used on reward cards in SPL, and what I am doing now. Enjoy!
We were buying up cards for damn near the burn value for MONTHS. I have been renting them across most BCX levels getting back ~30% apy. But, the tides have started to turn my friends
With recent changes to rewards, rentals have fallen through the floor. But, our big bag of cards have gone outta print and saw a price jump. What do we do you ask? Depends on your situation IMO.
I do not hold land, I'm a small fry in SPL. I just try to be optimal with my little acct. If I made this move while hodling land I would be saving these bad boys for workers. This is also a catalyst for increased rentals again in the future, and an increased demand on our floor cards. So HODLing our sac and getting ~9% apy on rentals for now is an option.
My whole plan was outlined to BURN the cards to see profit, but here we are already in it. So I decided to sell about 1/4 of the bag I built (~2x profit in DEC those), and will hodl the rest for now to see if land props up the floor some more.
Again, this is not advice. Just wanted to share my thoughts and moves here in Splinterlands. Cheers and good luck! :D
