Is it worth micro-managing lower levelled common-rentals in Splinterlands? YES!

I was changing the prices on a few of my lower valued, lower-levelled common Splinterlands cards the other day and got to wondering what my hourly rate is for dealing with these bottom-feeders of the Splinterlands ecosystem...

NB when it comes to income I'm a big believer in spending time optimising yer passive income FIRST and once you've done that, then focussing on work that just pays by the hour.

If you can do it that way around, then you're earning more passively while you're working on the hour!

You have to tweak prices occasionally to ensure optimum rental-income

One has to lower one's prices at the start of a new Splinterlands Season as people are no longer to pay silly money for Collection Power the don't need, and (I think) there's less people playing early on as they wait for the keenos to advance up the leagues and have an easier life!

So at BOS, following EOS crazy rental-pricing, my cards are always on the rental-market for prices that are never going to get taken, hence why I have to lower nearly ALL my rental prices.

This can make quite a difference, once they've been put in line with current market-rates

(NB the Pelacor Conjurer I took off as that's waiting to be combined and levelled up!)

Calculating the hourly for changing the prices on my common rental monsters....

As you can see from the above rentals come down a lot, but if I don't adjust down at BOS then I'll get no income!

The average BOS on my lower level common cards (which I define as Level 3 and below) is around 1 DEC per card, and I have 300 of these, so that's 300 DEC a day, or $3 a day if they are al rented.

(This is approximate, and conservative, if anything, I get a higher average return!)

The way I change my rentals is by doing all the L1s first (there aren't many, mainly Armoursmiths) then L2s, then L3s.

I let the auto-thing do it's thing but I also go back and manually change some cards if they look way outside of my usual price expectation.

Then I have to confirm every individual card.

All in all this takes about 20 minutes, so that works out at $9 an hour for one day at current DEC prices.

However, the return is better as these prices I let sit for 2 days before changing some of them again (typically upwards) and I'll do this a couple more times before the end of season, and then everything again on the final day of the season, to benefit from EOS crazy-times!

The changes in the middle of the season only take about 10 minutes.

So All in all I'd say I'm earning around $30-$35 passive (ish) income for tweaking card prices - $27 ($9 times letting them sit for three days) and then a slightly better return for the mid season changes plus assuming EOS is a similar rate to BOS (Higher return but for a much shorter period).

So all in all, spending a bit of time keeping on top of the card rentals is most definitely worth it ATM.

It would still be worth it if DEC dropped in value to $5 too!

So that's good to know!

Posted Using LeoFinance ^Beta