My 60K SPS Tokens Goal and Progress - 95% Goal Achieved

Hello and Namaste Everyone

SPS aka splintershards is a governance coin of the splinterlands game. This was launched in 2021 and at that time its value was very high. Its price was close to $1 at some point in the year 2021 and it was never expected that our current price would ever be possible. This is a crypto market and I have seen many such cases in this market. It was also learning for me that I needed to take action according to the market behavior, but because I was new, I could not do anything. I believed that the sps coin would be worth a few dollars but I was wrong. Now it is not even one cent and would you believe that the same coin was available for almost $1 for some time? I wish I could have sold some coins that time and repurchased them now so this would have helped me grow my sps stake. Anyway, it is past so let's now talk about the present and current market situation.

I buy sps from hive engine and this is the price chart and trade details for the coin. The price is slightly up if we look at a month window and the current price is $0.007 this time. I prefer to buy SPS from hive engine only because it is easy to use.

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I placed an order a few hours back and am happy that now it is filled so I have 500 tokens purchased today. Now I'll be transferring these tokens to my game account and stake to grow my SPS balance holding.

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This is the balance as of now where you can see that 500 tokens I have in hive-engine and 236 tokens are in the game but in liquid also. So today I will be powering up 736 tokens and it is a good amount I think.

So now I am going to take all my liquid tokens and the balance is 736 SPS which is increasing the boost by 0.02 X. This process is very easy and hardly takes a few seconds to get it done and we can authorize the transaction by key hain which is very easy and safest way to use.

So now the power-up is done and below is the updated balance of SPS stake in my account. I have 57 KSPS now so I am only 3k sps away from my 60k goal. There is a gap of 5% which I need to achieve and I will be trying to get this done as soon as possible.

As I have already mentioned this is a valuable coin but it is available at a low price this time. Probably this is happening because a lot of people are selling these tokens in the market so once the selling pressure goes down the value for sps we can expect to rise. The bear market is another region for low value and hopefully, this situation will also change when the market will be good and we need to wait for that to happen. There are some problems with the game also but because now the proposal is funded for splinterlands so hopefully things will improve soon and we need to have some patience to see how things are going to turn up.

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I'm going to follow the same strategy with my sps goal unless it is achieved and now I am thinking that even after the goal is achieved I will continue to grow the balance. You know what sometimes it's important to focus on something that is valuable but at some point in time it may not be that valuable. If a project is backed by a nice team and also the community is big then the probability of growth is higher and I am expecting the same with the sps and splinterlands games. I can't predict but I am hopeful that things will fall in place and we can see the value rise when the market is in a better position we can also call it a bull run market.

You can join the game using my below affiliate link-

https://splinterlands.com?ref=reeta0119

[Images are taken from splinterlands wherever the image source is not mentioned]

Thank you so much
Stay Safe

Posted Using InLeo Alpha