Passive income over one time cash out from my Splinterlands NFT’s

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(Edited)

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I thought I should update you guys about my adventure into Splinterlands, I’ve thought about this a million times and all the out comes are the same, I keep going back and forth about this I know, it’s just that the value of my deck keeps hitting all time highs every week and I know somewhere at the back of my mind that this’ll likely not happen forever especially in the short term.

What has bothered me for so long is that more than selling and taking profit here, I will be for going my chances at playing the game on a competitive level or even any level at all and that’s just something I’ve not been able to come to terms with. Truth is that besides having to play to earn, I actually do enjoy playing the game for fun.

The other day, I called up my friend and challenged him to battle, we played for almost an hour and it was a lot of fun kicking his ass. Selling off my cards in the name of profit taking means letting go off all that.

Quite unsettling isn’t it. Each time I scroll through my deck all I see are really good fighter cards, streamlined, specific, it’s as if each of them are important to every games win, I should be happy about this ,....and I am, and .....looking at all that deck value, $1400 is a nice amount to cash out, but then what next?

Go into stable coins? Alts? Remembering that Splinterlands only presently has a little bit above 10k dau’s(daily active users), knowing that there is still so much space for growth coupled with the fact that gaming NFT’s are hitting the news hard these days.

For all I know I might be having a front seat at one of the greatest advancement in the history of gaming technology.

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It only takes onboarding some huge gaming communities to blow Splinterlands out of the roof, perhaps when the governance tokens are released there will be some astronomical rush that will send demand to the in game assets that’ll moon their prices, who knows? Perhaps it will be a slow grind to the top🤷‍♂️....

At some point though, more card editions would have to be issued into the market and prices of older cards might drop as their demand reduces, except Splinterlands developers craft a way for older cards to always have superior abilities so that they can retain their relevance and demand in the market, cuz it’ll suck to see all that value dump all the way down.

So at this point I’m capitulating. I’m finally putting off the idea of ever having to sell my cards, hopefully some or one of the tokens in my portfolio moons sometime in the near future, my focus will be to strengthen my cards and build my deck to near champion levels.

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At that point, making passive income won’t come as hard even if I’ll have to put up all my cards for rent and not play at all. Speaking of renting cards, I’ve put a couple out for rent already and I’m getting that $DEC everyday. In my next post, we’ll look more into the rentals and the passive income being made from it.

Thanks for reading.

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15 comments
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that the best decision(renting) you have taken with cards.

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I feel your trouble in making the wise decision.

I have been selling cards over the last two weeks as well. What I am selling are the ones I am not using to play with, because I do like to play nearly daily. From those profits I make myself buy a pack always (dice now it is, and they are also giving good profits) and selling some of theDEC. It feels in balance like this and not like I am killing my playing deck.

Somewhere along the line you gotta take some profits right?

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What I am selling are the ones I am not using to play with, because I do like to play nearly daily.

Nice way to go, I’ve exhausted those kind of cards a long time ago lol, now I’m left with the quite important ones.

It feels in balance like this and not like I am killing my playing deck.

That’s a really cool way to go about it.

An interesting thing that could happen is if DEC pumps, suddenly every bit of it will become totally worth it, just like the AXS token from Axie infinity did.

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To sell or not to sell is a tricky one. I keep thinking about selling some of my spare cards and then I think about the need for cards when land comes out and I, like you, capitulate.

Rental returns for the spare cards I have aren't enough to justify keeping them, at the moment.

Then's there SPS upcoming. So many choices. 😂

!PIZZA

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Rental returns for the spare cards I have aren't enough to justify keeping them, at the moment.

There is no lie here 😂. My most lethal and expensive card, a gold foil level 2 legendary dark ha’on is up for 50DEC per day, I think it’s low, I might be wrong. Perhaps if there’s a boom in the rental market we might get to see a demand that will pump the rental rates too.

Keeping my fingers crossed for the SPS, I hope it is totally worth it, maybe a little bit more than totally I hope it is extremely worth it

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Perhaps if there’s a boom in the rental market we might get to see a demand that will pump the rental rates too.

I think they will probably go up eventually, especially if new player numbers keep going up as they are now.

I'm also hoping we will be able to rent sets of "workers" when lands comes out giving us a use for our common reward cards.

!ENGAGE 20

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I think this is a dilemma we all have - I think holding for land is sensible at this point, but it's HARD not to sell off something.

Since I bought a tract I am tempted to sell of some individual plots, having said that.

I'm also tempted to rent out my entire DEC (I'm not that hot at the game anyway) and just rent and make my way up with rentals.

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it's HARD not to sell off something.

Not for me it isn't. Selling is always hard for me. HODL'g the's easier route. 😂

I'm also tempted to rent out my entire DEC

Sounds like a good plan, especially if you have the higher level cards.

just rent and make my way up with rentals.

Now's the time to do it whilst rentals are so cheap I reckon. Might be fun to see how far you can get for how much. 😊

!ENGAGE 30

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Hello there @mistakili,

Nice post and indeed this passive income is great to have some steady income. When I was renting my cards (before I sold like a dumbass xD), I remembered that the yield was quite low (c.5-7% max). Did it change recently?

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I’m not sure about the percentage increase, but I’ll check and keep you posted

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Thanks for sharing! - @yonilkar

You have a wonderfull NTF card collection, rentals are aso a way to have a passive income while you are not playing.

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Thanks for sharing! - @yonilkar

You have a wonderfull NTF card collection, rentals are aso a way to have a passive income while you are not playing.

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