RE: Bitcoin at 78K and SPS is Almost at an All Time Low
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Agreed, Splinterlands allows us a capability to just earn from playing ranked, brawls, staking, etc... But at some point if we see a another major drop it might make sense to buy some SPS speculatively for the next set of cards release when SPS will predictably pump...
You know when you don't invest anything you can't expect to earn much. You have to have skin in the game to make money, not an investment advice but say you see a drop to $0.0035 in SPS price, start tossing a few hundred bucks at it in a DCA fashion and wait for the new set announcement. While waiting set your exit price levels say you sell at 50% up from your average DCA price then sell the rest when it hits 90% profit or in a multi-step exit fashion... And keep an eye on liquidity you might have to buy and sell in small increments with multiple buys and sells at each level.
Yeah, I forgot they were taking SPS for the set sales. My luck I would buy a bunch then they end up taking Hive for the sale or something. Whats the unlock time of staked SPS again?
Well if you were to speculate on set release I wouldn't stake it...