Claimed 1976 SPS Tokens | Best Passive Income On Hive ?

Hey guys I hope you are doing well and happy Tuesday to all. I suggest you read my "Passive Income Helps Individuals Build Wealth" post. In this post, I have discussed multiple passive income sources. Well, the last time I claimed tokens was one month ago and today I am claiming sps and voucher tokens after a long time.

Currently, I have around 140k+ sps tokens and this is not my target because I want to gather 60k more sps tokens. This is time to work steadily but the issue is I don't have a shortage of funds. The price of sps is lower and it is like a limited-time opportunity for us. But still, we are in a bear market because we have not seen any significant move in altcoins. Yes, bitcoin is up after touching the 15k bottom but what about altcoins? There is no better movement in altcoins.

SPS will surely go up during the alt rally. So if you consider this it means we have limited time to accumulate it. Let's keep aside this for some time and talk about in-game developments. There are big updates that will help the sps price to go up. This is a governance token with limited supply. If you follow Splinterlands blogs then you can see that Aggroed is no longer part of Splinterlands he is fully focusing on the Genesis League sports game and Yabapmatt is focusing on Splinterlands. So that means Yabapmat fully focuses on game development and Aggroed will focus on GLS.

Reinvestment Strategy On Splinterlands

Excluding sps staking income, all other income will go directly to the sps staking which was a good decision. Since this update launched, I have focused on the reinvestment strategy and that is why it's helped me to reach my goals. My first target was 100k sps tokens and I have achieved that target and now I am focusing on reaching my 150k sps tokens goals. And 200k will be the final target.

To reach this goal I am taking help from a reinvestment strategy which is perfect for now well the current price of sps is very low so it is considered a smart move when you accumulate from the market.

My SPS Accumulation Plan

I plan to buy sps tokens at this price. Because $0.014 is the best price I am not sure when I will do this. We can't predict a $1 price for the sps for now but it will surely reach there and obviously, it will take time because this is not an overnight process. $1 is the all-time-high price of splintershards. There are multiple reasons behind this fall so we can't just blame the bear market. But the good thing is now things are improving.

You can see that currently, I have 104096 sps tokens, and after claiming 1976 tokens my total balance is 106072 and this is impressive. Currently, my accumulation plan is to get more sps tokens from the sps node validator license, staking, and battle rewards, and know I will get good help from these incomes.

Another benefit is airdrop and I am getting GLX tokens in the Genesis League sports game. I have collected more than 10k glx tokens just by airdrop and staking income so this is not bad at all. I just staking back all the income. Currently, my plan is to retake all the earnings same goes with splintershards (sps).

SPS Price

SPS went up to $1 but now it is very down so we can't expect $1 for now but slowly it will surely get this price because sps is limited and it's a governance token. Now you are getting sps tokens in reward but in the future, this is not going to happen so that is why I am always saying that accumulate sps tokens as much as you can because, in the future, it will be difficult to get sps at this price. This is the bottom price to buy. Though this is not financial advice do your own research first.

So share this post on social media with #play2earn and #splinterlands tags and also reblog it. Join splinterlands under me if you are new, link is below. Have a good day.

Thank you, everyone.

Lucky Ali

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