RE: Staking GLX - Reached 3000+ GLX Tokens Milestone | SPS Staking
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i am thinking on it, too. don't you think it will go down further, more than 50% in the coming weeks??? I see no reason why it should stand in this price range. Crypto goes up, node sale rush is over.
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I don't think that it will go down more than 50%. But yeah it can possible. Also there is good airdrop amount on staked GLX which will cover loss in coming time. I am going to hold it for long term. Also waiting for game launch to play game. So this staked glx will help later in game.
I am okay to even lose this amount. My doubt is about put more in it or not. Now, I see, these games can be really worthy if you are in them from beginning, so with this small amount, and some purchased packs, i will keep going with that anyway. However checked out other games 2nd level token price and its move in the last 1+ year.
Except dCrops, i did not find any more or less stable one. (Also that's the only one I know, which pays the staking reward in Hive directly, every day, what is a huge +++ in a possibly coming bull market.)
So a 50%+ loss of the GLX token value can take away all the profit from staking.
Have you been around at Splinterlands beginning??? If so how was that, as the developers are the same. (Can't find much about that in blog posts.)
ok. I think it's good to put more into it when the price goes down. But I would suggest investing a small amount to stay safe.
Yes, it will take away all profit. But our coins will remain fixed. So we should not sell at a lower price, instead, we should wait for a price increase to book profit.
I was not an early user of the splinterlands game. I ignored this game in its early stage. (Yes, developers are the same. Hence I am very excited and positive about this game.)