Land Situation in Splinterlands
Last December 8, 2021, I finally became a land owner. It was a really awesome thing since I managed to scrounge up the funds by selling Chaos Legion Packs. I was able to purchase a PLOT for 673.6 USD. You can check out the article here: "I am now a Splinterlands Land Owner!"
Earlier today I decided to check out how much plots go for nowadays.
To my surprise, it was going for around 340 USD. That's an almost 50% drop in value! When I bought the plot back in December, I honestly didn't expect the value to drop this much. Well, a bear market is a bear market for a reason. Right now, if I had the same amount of money I could've even bought 2 for the price of 1! Well, there is no medicine in the world for regret.
Should I buy more?
I was honestly contemplating this question. It's no secret that land will be an important part in the updates to come, but as I've got most of my money in SPS, I probably won't buy more. If SPS decides to go to 1 USD suddenly, heck I'll buy a few plots!
For now...
Let's just wait. I probably will find a way to buy another one. One to claim the plot while the other to sell. I honestly expect the value of land to do a 2-3x once it gets released, so there's that as a solid investment!
Credits
- Cover photo created using canva.com and the included elements
- Logos and images used are from Splinterlands
- Divider by @freeztag
If you want to create a new account, feel free to use my referral link below! I'd be happy to delegate some cards to help you get started.
https://splinterlands.com?ref=pogier
Really good post, keep up the good work! My upvote isn't worth a lot because I still building my HP on the account.
I have also bought two plots of land just in case. I think that bulding the deck is now more imortant. Why?
Keep growing your account :)
Regards,
@mr-kerad
Hi thanks for the comment! Yeah I highly agree that now is the best time to buy cards, but plots should definitely not be forgotten! Also, I'm excited for you to see the brawl report! Thank you for sharing it in the discord! Expect the post by tomorrow!
sana all haha