How to Maxed Out Your Passive Income From Splinterlands by Choosing the Right Cards

Socmed (3).gif

Hello everyone, welcome back to Ramadhanight's Hive Blog on Splinterlands Weekly Socmed Challenge's Session. I think it's everyone's dream to have a great passive incomes in order to have a financial freedom. I personally still looking for the suitable way to earn passive incomes as well, one of the best option is splinterlands card rents. Continuing last week's discussion, today i would like to share about my thought on how choosing the right cards to get you higher APR. Without any further, let's just start this session !

Dvder.png

Little About Splinterlands Cards and It's Passive Incomes Opportunity

For those that is not familiar with splinterlands and it's card rentals, let me explain you in a simple way's possible. Splinterlands (SPL) is a collectible card games where you could battle against other players (or their own bots 😅) to get some rewards. You need cards (NFTs) for getting rewards from those battles and every cards has it own stats and ability which cause them having their own value. And with new lands features, cards are having even more utility which means the demands are growing up as well.
While the main utility of those cards are for battling, for people that having less time, you could simply rent out the cards for people that needs them, and believe me there are many people out there are needed cards for battling (and the bots as well 😂).

If you want to know how to buy SPL cards and rent out them, you can go check my previous post , i have explained it in a easiest way possible, and if you still have any question, just put it on the comment section 😉


Dvder.png

Maxed Out Your APR

If your mission is to get high APR for your passive incomes, you can't just buy any cards out there and trying to rent them out, because differet cards are having different skill and stats, and it will having great impact on their own demand and the price of rent people are willing to rent it out from you. You can take a look at peakmonsters.com and on rental menu, they will show APR of each cards. I put the example on the picture below.

Screenshot (14).png

On the picture above, we could see that the APR are having great deviation, and on it's lowest, it could go below 1% of APR ! This is surely things that i personally would avoid because my mission is having greater APR rather than the HBD savings that offer you 20% of APR. What should we do then ? The answer is doing research about the market demand, and pick right cards that having high APR.

Dvder.png

My Cards Criteria

When picking for the cards that having great APR, you could simply sort it on the peakmonsters and scrool for the highest APR on there, but then you have to re check it's card price, because some cards are having high gap on the cards in 1 bcx and a bundle of it ! And not just that, to avoid the market manipulation, i suggest you to take a look at least to several criteria before decide to buy the cards:
1. Cards Ability and Stats. Since the main utility of cards is for battling, card's stats and ability is very important. Pick cards that you would personally put on your lane up, because then it's naturally having higher demand as people might want to use them as well. Some cards are having ability that is very usefull or not many cards are offers them in their league cap ! And if you pick cards based on their ability, then they are usefull if you want to use them in case that the rent demands are getting lower, right ?
2. Price Gap. Since APR is depend on the card price and the rental cost, picking cards that is on low price is important, and on some moment, there are cards that are sold on lower price because some people want to cash out their cards instantly. You can try to bid cards as well to get lower price than the market price (buy that means you need to wait for it and might lost some days which could get you some DEC in return of your rentals).
3. League Format. With 2 formats are offered on the ranked match, there are opportunity of some cards to playable on two leagues rather than older cards that only playable on wild league. So modern cards are having greating opportunity to get rented out in this criteria, because they are playable on both wild and modern league. But you have to carefully watch the updates because as soon as the new edition is launched, the 2nd last edition cards will no longer playable on the modern league.
4. Bots Demand. Well, it might be heard funny and you might think this would be the same as the 1st point, but from some people's observation, bots are having more luck than people, so cards that affect speed, miss, stun, and other ability with chances might having greater demand for bot uses. And my personal thought is that bots are the the massive rent target you would like to aim because their amount is very high right now, and they seems bit more loyals to pay higher rent cost (maybe because they are automatically doing it ?). But back again, this bot theory is such a conspiracy, some developer teams are telling us on the group that bots are not having such advantage on the luck. What do you think ? Let me know by putting it on comment section !
5. Summoners suitable. For modern cards, it's not just about the card itself that is matter, but also the possible summoners that are playabl on there. While the last edition cards are still on modern league, the last 2nd edition is moved into wild, and that means you will lose some summoners due to that migration. This will change the meta and would affect the card demand.
6. Supply. Market is all about supply and demand, and after we talk about the demand, we also need to take a look at the cards supply. Cards with lower supply are naturally will have greater bargaining on the rental market because of it's fewer limits (but don't forget to take a look at it's subtitutes, because some cards are easily replaced by other if the ability and stats are offered by others).

Dvder.png

My Personal Card Choice This Week

After monitoring the market for some times, i decide to sell some unused cards and bought in some cards which i think might gave me great APR. I have made a decision to buy 3 cards as shown on pictures below.

Screenshot (15).png

Screenshot (16).png

My 1st choice is coastal nymph. Beside the current rental price is great, she is very usefull cards to played on high mana as well, and often become part of my side whenever the high mana cap is coming, that's why i think it is good to invest on her. Oh and another reason is because there is a pretty good price gap on the 3rd level that day :)

My 2nd choice is time mage, this monster is very usefull because it has slow and rust (on higher level), and this slow ability is having high bot demand if we believe that bots loving to try their luck with miss :) . I also had little discount when buying the lv 2 cards because there is little price gap there.

Last but not least, there is the runeslinger that amazed me because he got high rental price. The range kind of attack is suitable with the CL summoner. High speed and stun chance also things that bot might love (again, if you believe 🤣). Got no price gap here, so i had to bought 5 bcs of cards to get the lv 2 runeslinger.

Screenshot (17).png

I put them instantly on the market, and it's not needed long time before they are rented out (i put 5% lower price than the current market). You can take a look at the APR as well on the screenshot, but i decide to count it myself, because my buying activity should've canged the price data.

Screenshot (18).png

First for lv3 coastal nymph,spending 1566.92 dec and got cashback 49.166, i spent 1507.754 dec in total, and with 2.02 rent price, she could gave me 48.9% of APR. Next for the time mage, with net spent 932.955 dec, her rent value at 1.1 dec could earned me 43.04% of APR. And last is runeslinger, with net spent of 4438.387 dec, the rent price of 9 dec/day could earned me around 71.04% of APR ! I hope the market could stand like this, but if it's not, i supposed to had little different there, and if bad things happened, i could still happily use those usefull cards :)

Dvder.png

Conclusion

Earn passive rewards is not just a dream, splinterlands with it's rental system allow us to earn passive rewards by let other rent our card in a simple way, but since every cards has it's own value and demand, you had to pick carefully cards that might give you the best APR. Cards utility, demands, and supply should get main attention when choosing the cards.
PS: this is not financial advice, remember that every investment has it own risk. Only invest what you can lose. And don't forget there are 3rd party market to makes your day easier !

Dvder.png

Final Words

Thank you for kindly read my post. If you haven't play #Splinterland (the greatest battle card game), you can start join this #Play2Earn game using my referral link below to get a 60 Dec Bonus and A simple guide to start gain earn from this game with those DEC. (Just Dm me 😉 ).

my referral link

Put 3% of beneficiaries to @indonesianhiver to support all Indonesian hive blogger.

Credits
@splinterlands for the cool game
@peakmonster for the cool card rent platform
Splinterlands Indonesia Community for makes this game even fun
Electronz for the solid and friendly guild
Mrs. carrieallen for the very useful ULTIMATE Markdown Tutorial
all curators for the upvotes!
@marianaemilia , @arcange , @fengchao for keep supporting my post
@oadissin for keep reblogging my post
Canva and Photopea for the free photoshop
Ezgif for video to gif converter


~Thank You~



0
0
0.000
10 comments
avatar

I thought this was gonna be about play lineups. Either way it was an infotaining read.

I should probably check to see what is available on the market soon.

0
0
0.000
avatar

Greetings,
It is a nice initiative you have started in the Splinterlands community.
I have some cards in the rental market. It is great to see you hunting for more jewels in the market to lend out after the purchase.
Thank you
!MEME

0
0
0.000
avatar

thank you, good luck on the market, may you found the jewel you seek :)

0
0
0.000
avatar

Congratulations @ramadhanight! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)

You received more than 2000 HP as payout for your posts, comments and curation.
Your next payout target is 3000 HP.
The unit is Hive Power equivalent because post and comment rewards can be split into HP and HBD

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 our last posts:

LEO Power Up Day - April 15, 2023
The Hive Gamification Proposal
0
0
0.000