Should I wait to buy another Validator Node...?
I've got the funds available already to buy another SPS validator node, but I'm holding off buying one....
I'm planning on using mainly VOUCHER to buy the entire node - which will be $3000 in total, and with three nodes and a decent SPS already I'm earning quite a lot of VOUCHER every day.
And I will need to sell $1500 worth of VOUCHER for SPS to buy my next node - the other half is covered by 500 VOUCHER.
The problem is that VOUCHER is currently worth only around the $0.90 mark, but a node in tranche one gives it a face value of more like $3 - and in tranche 2 that goes up to $5, nominal value based on the future next tranche sale value of the discount VOUCHER give you.
Of course those current $3 and future $5 values aren't the 'real' current value of VOUCHER - with Splinterlands assets going so slow ATM, but we've seen VOUCHER pump before, just before the launch of the next new SL asset, so it might well pump again just before the launch of RIFT WATCHERS, which no doubt will require VOUCHER.
I think there's also a reasonable expectation that there's a last minute rush on those nodes, which should help push the price of VOUCHER up slightly.
So I'm thinking that one strategy to get the best deal for my next NODE licence is to wait until the end of the SPS drop, and maybe for RIFTWATCHERS FOMO to kick in - and then sell the VOUCHER I'm accumulating for possibly treble or double the price.
But then again, why wait...?
I could just buy that license now and then I'll have even more VOUCHER to sell if and when it pumps later on.....?
One thing I am certain of is that when the number of node licenses hit 500, they will probably sell out pretty quickly at that point - I'm sure nearly everyone on the T200 is currently eyeing up buying another one, and they'll be plenty of people off the Top200 doing the same.
Everyone else probably also playing this waiting game!
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Is there any differnce buying the node on the second market and in game?
As far as I can see they are cheaper on the second market?
If you buy in game you can use 500 VOUCHER to get $1500 off - have you factored that in?
You can't sell 500 VOUCHER for $!500 ATM.
Ok then :)
I'm waiting until after the end of the airdrop which, according to Neal doesn't make sense financially. 😂
Psychologically I find it hard to use my SPS when the price is so low.
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He's probably right, I notice he's bought A LOT. I know what you mean about using all that SPS now!
What I might do is buy earlier and then just swap the extra VOUCHER I earn out for SPS - SL assets tend to follow each other in value after all!
The return on the nodes is higher.
If you get em now asap...you earn more directly more from it right? Why wait I would say (expensive though!)
Because I think VOUCHER will pump again before they sell out! Missing out on 6-8 weeks of even a 100% APR doesn't compensate for being able to sell VOUCHER at 2 times its current price!
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Fair enough reasoning...! Challenging getting the best choice indeed, but given your risk/reward choices in these things you will make the right one :)
Maybe, I do get Neal's point about not waiting, there could well be not a lot in it!
But I dunno, at least waiting until the SPS drop ends next month makes sense to me!
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