Planning to Buy more SPS
Splinterlands is a great play to earn project and it's leading the segment as well. It's such a big ecosystem where we can not just play to earn but also invest to earn even without playing the game. It's up to you how you want to do and if you can play then for sure the amount of earning will increase. We need to note that this is not a free game and even to start playing we need to invest. Now if you invest more then obviously your gameplay will be better because you would have a better card and if you don't invest much then also you can play and earn some rewards but it will not be so high.
There will be a difference in earnings between the low rank and high-rank players in the game and as per my experience, I can say that investing in the game assets is worth and I keep on doing it from time to time. Even this month I did buy many summoner cards which are expensive but now my gameplay will improve which will also improve the rewards.
We have 2 tokens in the game and these are DEC and SPS. We have one more called SPT but that is more of content creation and I don't see any real use case other than curation so if there is added use case with SPT then its value can be increased however as of now DEC and SPS are valuable tokens. I will be talking about the SPS token in the post and it's a governance token of the game. SPS (spllintershards) token is highly valuable and will have a great use case in the game and even now we can use it to buy packs. SPS played an important role in the recent node sale and all the tokens used in the sale are burnt which has reduced the supply.
I have bought some SPS tokens recently and planning to buy more. The current price seems to be good because it's less than 9 cents but I am waiting to see if it drops further and if it does then I would be able to buy more tokens and this is what I am waiting for.
I am pretty close to making it a 13k SPS stake but I want to make it 20k and for that, I need to buy more. I hope that by the end of airdrop I should be having approx 15k SPS but to make it 20k I am planning to buy 5k. SPS stake is paying good reward and as of now its 47% which has been increased recently by adding voucher earning in the APR. Even if it's combined then also I find it a good one to choose and earning of 47% apr on the stake is very good. I re-stake all my SPS daily after the claim and keep voucher tokens aside that I sell later and buy SPS with this.
I am bullish on SPS and it's because the offered benefits are nice and I expect that the SPS will reach 1$ sooner or later so once it will be there then it will be a good earning opportunity but for that buying now is the right step. I am not planning to sell soon instead I want to earn through the stake so with more SPS stake I should be able to create a good source of passive income through this play to earn game on hive called as splinterlands.
Thank you so much
Stay Safe
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Yes, the price seems to be like too good to buy and hold. But again when the Hive price goes down, it can take the SPS with it too. So yeah you can start buying in small quantity and thus when it goes up you will always be in profit.
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I plan to buy more too especially seeing the prices on the market right now. I’ll be glad to get to 10k sps staked. I need 4K more for that.
Did you participate in the sps node validator presale?
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At a low SPS price and a great APR, it makes sense to invest in SPS. The SPS price is also quite stable, with all the chaos going on in the market. The supply should reduce at the end of the airdrop, which will hopefully push the price up.
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It is a tough choice.
SPS, HIVE, or just get more cards to strengthen the deck for higher league?
Which would yield the highest return?
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Even I am buying SPS and its the best time to buy I believe because price is low.