This is why I am still bullish on SPS token

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Splintershards (SPS) is the token that I have been accumulating just after the launch of the airdrop last year in July. This token was launched with a nice value which was almost $1.00 in the beginning and later it dropped to almost $0.25 but I did not sell it in both situations. It is because I believe in the token economy and this is the reason why I have been trying to grow my token holding for the long term. Generally, people who get the free AirDrop sell off the tokens and enjoy the profit but I believe it is also very important to take the right decision with the right project. Needless to say, that is splinter land is a growing project and its future is bright. It may take a couple of years to see that significant growth and I have enough time to witness that because I'm not investing for the short term.

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As of now, sps price is almost $0.06 which is very low considering what it was last year but that is not a matter of concern for me. I am still bullish on the token and because of this neither I'm going to sell any token that I hold nor do I want to change my strategy with the SPS. I have decided that for the riftwatcher packs I will be buying the sps from the market and have no plan to touch my locked tokens. Recently the team has announced that there will be another AirDrop for sps holders which will run for a period of 6 to 12 months. As of now, there are no more details provided by the team but I am sure that this can be another earning opportunity for those who are holding sps tokens. While I was getting the AirDrop tokens I was also buying whenever I see the opportunity to buy. I'm very happy that I was able to have more than 15,000 tokens including the AirDrop and also the purchase from the market.

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I had about 15,000 tokens in my wallet when AirDrop ended last month. It's been almost a month time after that and during this. I'm able to have approx 1000 tokens from the market as well as some stake rewards. So now I have got more than 16,000 tokens in my wallet and all of these are locked which is helping me to earn a decent apr of more than 33%. Some pools are offering even better returns but I'm not going for that because there is impermanent loss Ann I do not want to deal with it.

Sps is my long-term investment and I do not want to take any risk with my holding This is why I'm not going for the pool which can be a better earning opportunity. I'm very happy to have this 33% of apr on my tokens and will continue to do the same in the coming months unless there is a huge drop in Apr. There is a lot of action in the game these days and I'm also excited for the upcoming packs which we can expect to get launched in the next month. Although more details are not shared by the team I am sure that this sale will bring many benefits to the people who joined in the earlier phase and This is why I'm also trying to be part of the presale. I even have started accumulating voucher tokens so that if there is a need for these I should be able to have a better deal.

Talking about the sps price I would like to mention that even at this price range I am bullish on the token. Sps is a governance token so we can expect lots more in the coming months and years and if you are a long-time believer in the ecosystem then there's nothing to worry about. I'm a long-term believer in the game and the project and This is why I am on it to increase my staked towards 20,000 tokens in total. I hope that the remaining balance of 4k SPS I will be able to buy in the next couple of months.

Thank you so much
Stay Safe

Posted Using LeoFinance Beta



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12 comments
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I really believe that sps will be well valued yet. I have a lot less than you but I'm on the way :)
Thanks for sharing.

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16000 SPS is huge.everyone hope is in SPS.hope it will pump.nice to meet you.

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