Splinterlands: The Inestimable Value Of Winning & Losing

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I've been playing splinterlands for a year now and I think I bought some of those cards when they were quite pricey. My deck was worth x10 of what it currently is about 10 months ago, however, while I do not regret that choice, I also think that one's not supposed to measure the success they've achieved in monetary incentives alone. However, it's always difficult for people to refer to little wins in their investment journey.

I once bought a card for about $14 and instantly resold it for 15$, I once got a level three card from one of the packs I opened, sold it for $24, and bought some DEC with it, this DEC was used to earn me some SPS which I've staked to keep earning me tiny drops of SPS even up till today.

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Weighing The Small Things

Although in the grand scheme of things, the value of my deck has reduced, I've Opened packs bought for $4 and only got $0.5 worth of value from them, so it's always easier to count one's failures especially when we cannot balance the gratification we got from getting small wins with losing when it mattered the most.

Small wins should be that
validation that you probably need to cultivate when you think you've made a logical and credible investment choice but it's hardly paying any financial dividends. However, when it comes to the decision I made to start playing splinterlands in September of 2021, I'm still trying to recall to see if I made that investment calls out of FOMO or necessity but I exactly cannot tell.

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Necessity & FOMO

I counted it as a necessity, because I felt it was one way to diversify, but I waited too long because I felt the learning process would be mind-zapping, time-consuming, and exhausting. I was right, it was, and it still is, but I'll also see it as FOMO because the game was taking huge leaps out of nowhere and I felt that if I didn't come in at that moment, I might miss the golden age of splinterlands and I wouldn't want to live that.

The fear of missing out creates a necessity for choices you're originally not motivated for. There are times when investment decisions might linger because we're scared of the difficulties that might come with it, but the prospects of what we might eventually miss become a motivating factor, now this isn't completely positive as it also comes with some downsides.

However, I wouldn't say I've lost, even if it feels that way sometimes and this is because I've been training my mind to see the little wins I've accumulated over time especially when I've faced disappointing outcomes.

Why is this?

When you're not completely losing, then you're making progress, although there are times we want to measure our progress with giant strides, we cannot. There's the frustration that comes with winning slowly. I've seen people measure their effort with their input but this cannot be totally applicable to crypto and other crypto projects.

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The efforts we put in when it comes to crypto-related projects have the propensity to pay off for life, the immediate value might be very small, but over time it'll make a huge difference. But then, it still boils down to the fact that patience and understanding are two values we must cultivate when we're not dealing with conventional investments.

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Seeing The Value Of Experience

For example, people fail to measure experience as a reward when the aspect of money isn't forthcoming, however, experience is expensive, even if you cannot primarily exchange it for monetary rewards, it can be purchased with non-monetary values. For example time, Time time is used to purchase experience, which in turn makes it easier to obtain expertise or mastery.

A lot of people think that mastery is directly translational to money, and while this is true, it's not always true. Some people find it difficult to accept the fact that they'll fail sometimes in life, they feel this is a bad thing, but then they forget that mastery is attained by getting it right after countless failures.

So, money might be the endgame but we have to train our minds to take the positives, or else we might see the futility in every one of our efforts which in turn creates massive discouragements. One of the positives I've taken is that I've created a niche by playing splinterlands. This might be deemed very usual but then, my experiences might be a learning curve for people who actually play the game, which means by reading my posts, they might not have to repeat the mistakes I made.

Why is this necessarily a good thing?

In business situations, it's difficult for you to see people who want to collectively win and the reason for this is that in real-world situations people often need to cheat others to win rather unfairly.

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Experience & Collectively Winning

However, the sphere we're in is designed for people to collectively win. this is another great positive, but it's always difficult to place a value on it because we cannot attach monetary worth to it. Like I've said, we need to train our minds to spot and make references to the little wins we've achieved over time, this is because we'll forever remember our loses and when we do, it takes away the confidence and motivation to keep going.

This is why some people never recover after a bear market. They're caught up wallowing in regret of what they could have done in the last bull market, thereby making it difficult for them to prepare for the next. See and appreciate your little wins, they're not irrelevant or insignificant.

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Interested in some more of my works?

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The Intrinsic Propensity To Spend Money

Poverty: The Unwillingness To Spend?

A Scenic Bathroom Photoshoot

The Importance Of Having A Contingency Money Plan

Translational Value; What Is Your Worth?

Using Crypto As A Means Of Transferring Will

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