Why I bought over 100 Reward Cards

avatar

I just bought 100+ Reward cards because they are cheap. So dirt cheap, that I could not resist.

My guess is that the prices will rise long term.

I really believe in this game and I see how many new players join every day.

Screenshot 20210919 214748.png

Just check out this graph. On average there are 15,500+ new players every day.

Some Reward cards like the Twilight Basilisk only have a supply of 30,500 cards.

Screenshot 20210919 215111.png

And the supply decreases because players want to level up their cards.

I think this concept applies to all cards.

More players lead to an increasing ask for cards. Just any card. At the same time we deal with a decreasing supply of every card. This is the perfect combination for higher prices.

More peopl want to play. Which means more people want to buy cards. But the supply just shrinks every day. This is basic economics.

Although all of this is just speculation, no financial advice and for entertainment purposes only. I believe that SL is just getting started.

This game is solid in comparison to many games which are promising but you can't even play them yet. Lot's of hype in the P2E space but not many games offer such a great game experience especially for players who can not invest much money.

You can even make good money here if you only buy the spellbook.

Right now all my cards I own have a value of 323 $ or 5,870 DEC Screenshot 20210919 220403.png

Tomorrow I will sit down and make a plan how I can make 500 $ monthly from SL.
I will try to break it down and keep blogging how it is going.

mentalgain

PS:

Please leave a heart and follow me if you like to see how I showcase the opportunities in Splinterlands!

Support this blog so more and more people become aware of this great game with it's beautiful earing potential and it'S AMAZING community.

hive-13323 splintertalk mentalgain splinterlands slp slt p2ejourney
0
0
0.000
4 comments
avatar

Congratulations @mentalgain! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s) :

You received more than 10 upvotes.
Your next target is to reach 50 upvotes.

You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

Check out the last post from @hivebuzz:

Hive Power Up Month - Feedback from Day 15
0
0
0.000
Reply
avatar

Well at the moment we have more of an increasing supply. The new reward cards just began to be printed. They're at about 2% printed right now. It will take about 100 more days even with an increasing amount of players. And with the same increase amount in player base, there will be an increasing amount of cards cause they can also loot them and might sell cards they don't like.
All in all the price of all reward cards is still on a down trend on a day to day basis and will hit probably 3-8 cent at the end.
So buying is totally fine. I myself bought a bunch of Nightmare and Charlok Minotaur but I'm still a little cautious about the new cards. Otherwise, they may take a long time to rise in price above the purchase price.

0
0
0.000
Reply
avatar

I was asking myself this question. Thank you for insights. Where can I find the information about the print status for cards. Really interesting to see if they really hit 3 cent range.

0
0
0.000
Reply