Milestones achieved: 200k SPT & 60k SPS staked

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I know, it's not worth a lot of money. Someone could come in and just buy 200,000 SPT for not a whole lot and they'd be in the same boat as me. Except I didn't really buy any of my SPT. I've just been staking it the entire tiome. While it may seem like it's not worth anything now, it really wasn't worth much when I started staking it. Then it went way up in value when the SPS airdrops started. Then it corrected and dropped a little more, but there's still some real-world value to it. I intend to just keep staking and holding it because... why not? That's been my goal with SPT the entire time. Why not? I'm glad I didn't sell it when the entire stack was only worth a couple of dollars.

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SPS has been an interesting. When it started out, I was getting a couple hundred dollars worth every day in the airdrop. The price just continued to drop and drop, though. And it always made sense to me. People were getting it airdropped to them every single day. Of course some of those people were going to be selling it. Everyone's got different situations, goals, etc. I staked a lot of what I was airdropped, but I did sell some of it along the line as well.

When the separation that preceded my divorced began and I was suddenly finding myself needing a place to stay, I went to a hotel and then a cabin, and the reason I was able to do that without having to work was SPS and DEC, which were both doing extremely well at the time. It was several hundred dollars coming in every day.

Nothing lasts like that forever, though, and that's okay. Now we're in more of an accumulation phase and we wait patiently for the phoenix to rise again. I intend to hold SPS for the longterm, though I do have exit strategies in place. A target at which I will sell 25% of my stake. Not saying what that target is, though. ha.


HAPPY SUNDAY

Posted using Splintertalk



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I stacking up on SPS as there's many usecase for it. When the airdrops finish I think SPS become more valuable !

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