How to maximize profit from your Dark Energy Crystal (DEC).

avatar

While it is very tempting to cashout your DEC right now because of it's good price point, there are a lot of other ways out there to help you maximize your profits from your DEC tokens. Investing in DEC liquidity pools, buying SPT, and delegating your SPT are just a few of the ways to use your extra DEC.

In this post, I will discuss the benefits of using your DEC to buy more gold cards and then renting them out to other players.

DISCLAIMER: The details on this article can change every time due to the changes in prices and this post may not be applicable to everybody as we have different goals in playing this game.

If you are considering the long term benefit, then this post may be for you.

It is no secret that Gold foil cards keep on increasing in value. So I will be using VENARI SEEDSMITH gold foil card as an example.

At the time of buying (2 days ago), this card was priced at $19.60 which was equivalent to 1,354.143 DEC.

After buying the card, I then listed the card to the rental market for 14.50 DEC

5.PNG

which got rented very quickly because I set the price to be the cheapest just for this post's purpose.

3.PNG

Now, I am not saying that you all list your cards to be the cheapest all the time, but list them in the price that is comfortable to you instead. However, if you want your card to be the first pick, then this strategy may work. The rent price has gone up since this screenshot but I will still use 14.50 DEC to do my hopefully right math. LOL

I will get my initial spend back in 93 days and I still have the card which not to mention is also increasing in value. From there, I will then re-invest in another card and do the same process and ROI should be faster since I already have 2 cards listed. Just RINSE and REPEAT and watch it snowball.

In the long run, you will have more cards, you will have more DEC everyday from rentals, and more SPS airdrop. As opposed to just letting it sit on you wallet or worse cashing out.

I hope this post is helpful and let me know what you think.

You all have fun playing the Best game in the world. SPLINTERLANDS..

#splinterlands #spt #dec #play2earn #splintertalk #leofinance #steemmonsters #airdrop #sps #hive #playtoearn #peakmonsters #oneup

hive-13323 splintertalk splinterlands spt dec play2earn leofinance steemmonsters airdrop sps hive
0
0
0.000
9 comments
avatar

Renting is a great strategy but I recommend using peakmonsters instead to rent, it's MUCH BETTER.... it allows you to set your rental amount by percent or by lowest, NB you can also see the lowest rentals, frequently someone will list something for MUCH lower than the average, with PM you can avoid listing under them, and list under the next sensible price, which can sometimes be three times higher than the current lowest...

Screenshot 20211014 at 09.25.51.png

https://peakmonsters.com/

0
0
0.000
Reply
avatar

Wow man, interesting post as you keep the active and in 100 days u get the cashback inversion. When u rent the card u keep the power for ranked? Ty in advance!!

0
0
0.000
Reply
avatar

Thanks for asking @beffeater. Rented out cards are counted out from your power. So it is also something that you need to consider especially if it affects your rank/level. You wouldn't want to lose those season rewards that you already acquired.

0
0
0.000
Reply