First Ever Purchase of SPS from Hive-Engine

Hello Friends

I am fine and I hope that you are having a good time with your near and dear ones.

Today I have done my first-ever purchase of SPS. This is a valuable coin in the game ecosystem and currently, the price is low, so this is the right time to buy some coins and deposit in the game. I have never done it before but today after going through some of the options provided in the game account I did it and the entire process was very easy and fast. There are many things that we can buy in the game but this coin which is also known as the governance token of the game is more beneficial. I have seen so many posts about this coin where people are explaining different strategies and plans to accumulate more Spears and now, I think I need to follow the scene I make a plan to have a certain holding for the coin.

I have also transferred all the coins to my game account and will deposit them so that it starts earning the reward which is more than 20% as of now. This can also be considered as a good option for the passive income find we cannot compare the price in this case because currently, it is low but for sure it will grow. I'm not sure whether one can predict the price for requiring but the all-time high price is close to 1 USD. If we do the comparison between the all-time high price and find the current price, then we easily can buy this coin at a discount of more than 90%.

Below is the chart that we can see from the market currently the price seemed to be in an uptrend, but it is not much that can stop us to buy. The total trading volume is more than 18,000 U.S. dollars in the last 24 hours, and I believe this is a good amount considering we have most of the internal users on this exchange. This volume can be higher on external exchanges well most of the training is happening and if the token gets more listings, then I'm sure we are going to see even better value for the coin.

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below is the transaction history that I have done today in the exchange and how I transfer the coin to my account, but this is just the beginning as I'm planning to do more of this type of transaction. I am trying to hold a good number of tokens in my account hoping that the price will grow but now I will be able to buy a good number of tokens I spot up Apr.

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I have not yet decided what is my gold with sps but I will continue to accumulate as many tokens as possible this is going to be long-term for sure. The use case for this coin is very good in the game and this is the reason why holding more is more beneficial and profitable for anyone who followed the strategy I tried to grow the overall holding.

If you are not part of the game and want to join, then please join through my affiliate link-

https://splinterlands.com?ref=mukund123

(Images are taken from the splinterlands game website for this post's purpose only and not my property)

Thank You

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