Invest & Re-invest in SPS and other Digital assets in Splinterlands

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Splinterlands is a leading blockchain game and it's great that this is based on a hive network so as an hiver we have certain advantages that other people don't have. One of the best advantages is for those who are active on the hive because we can earn through content and invest it in the game. I have been doing the same for a long. Earlier I used to re-invest whatever I used to earn through the game reward but now I invest some part of my post earning in the game assets including SPS tokens.
This way is like earn, invest and re-invest, and this way I am trying to increase the account value and I know that will also help me to increase the ratio for my passive income.

Play to earn is a concept in crypto where we can earn through gaming but we need to understand this earning is not meant to take out and spend elsewhere instead now is the time re-invest to build something big. Things take time to grow and crypto is not a quick-rich scheme so we need to give it enough time. I believe that long-term strategy works in such a way that we can bring the portfolio. I see some players who are growing their play to earn I have created certain goals for myself in crypto but the majority of goals are around the hive ecosystem. It includes SPS tokens, Leo, polyCUB, etc and at the same time, I am also trying to buy more packs. As I have already mentioned that I have limited funds and this is why I keep on investing in parts so that gradually my portfolio grows.

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SPS is one of the tokens that are quite undervalued and it's just a matter of time because once it starts mooning then 1 USD price is not far behind. The SPS airdrop is going on and it will end in approx 100 days from now so once it's over then we can expect growth in price because dumping tokens in the market will reduce. Once there are fewer sellers then the price will start growing so it also means that now we have around 100 days to grab as many tokens as we can. I am trying my best to accumulate more and more within this period so that I can increase my stake. While buying SPS is a good deal to date but holding SPS is also no less profitable because we can earn the benefits of holding and these are the stake APR and daily drop of voucher tokens.

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Today I saw a good spike in the voucher tokens price and it was less than $1 earlier but today it's greater than $2 so it can be a selling opportunity. I did sell some so that I can buy more SPS tokens and this is how I am trying to buy more SPS tokens. There is also an increase in the price for SPS but I want to buy it for a 0.10 hive so I have placed my bit and waiting for it to be fulfilled. I am not in hurry but I expect this will happen and once it touches the mark then I will be able to get 1k tokens for 100 HIVE. Let's see how much time it takes as I am not in hurry and will wait for the time to get this good buying deal for me.

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Here is my current SPS holding I do have not 11.5k tokens approx and this is counting every day. It always feels good when we earn something for free but it's even more important to make it more valuable so that in the future we can make good money out of it.

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So for now I am focused on my investing and re-investing strategy so that it can help me make my portfolio bigger as well as it can generate even better passive income in long run. There are some other ways also I follow for passive income and I will share that in another post.

Thank you so much
Stay Safe

Posted Using LeoFinance Beta



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8 comments
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if it is listed on Crypto.com the SPS token will acquire even more visibility. I am bullish on the SPS token

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You're right that it will get more visibility and even Onam bullish on the same

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At this time when the SPS is at an all-time low, it would also be interesting to shop ... maybe I'll buy some.

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I agree and this is why I am investing in parts to accumulate more SPS. I hope I should be able to bag good number of tokens. thanks.

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