Newb looking for some advice after Season #56
Hello Everyone!
I’m a new player of Splinterlands and i was quite enthusiast within the first 3 weeks, but right now i’m disappointed a bit.
For me its not and option to invest a few hundred bucks within the game right now, and i started because of the pay to earn model, which is seems to me on a turning point into an investing option. Well sure its a pay to earn, but while the player count significantly increases, the rewards you are able to get is on the opposing direction its slightly decreasing. The amount of DEC i was able to gain weekly now much less then it was a few weeks ago, while my rating is slightly increased. The reward chests gives you less and less… The value of cards are significantly increasing and if you are renting them you are not able to gain back the amount they costs.
A little math; if you want to stay above 75% capture rate, you are able to play ~50 games / day. With 50% winrate its daily ~250 DEC without golden cards at ~1600 rating. The renting of atleast 2 factions without legendaries and goldens its not hitting this amount, but with the trending of cards value increase, soon you will be not able to be net positive with renting. If i also count in some legendaries its already costs more then the profit. For 1700+ rating in Bronze now i feel like legendaries are necessary and also lv3 monsters.
Last season i hit Gold III on the last day to get some more rewards, but it cost me ~1K DEC while the income was ~500. (I shuld stay in Silver that would gave me a NET + outcome) I reached 2212 in Bronze during the season and at the last day i went for Gold. It might be I was unlucky with the reward chests….
While i wish to move forward and hit higher ranks i feel like its not quite possible. Unless i invest.
I’m looking for some advice how should i keep going on with splinterlands, because the game is specious but I feel like kinda lost.
In the long term i’m not quiet sure if i’m able to farm as much as the value of the cards increasing.
Looking for some advice how should i keep going on within splinterlands.
Thank You in advance!
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STOPCheck out the last post from @hivebuzz:
Hello. As with any economy, there's ups and downs. The prices of renting have been fairly high with the sudden spike in demand - over 10k new players some days. If you haven't seen, some new rewards cards will be coming out, with an increase in the chance of receiving cards from loot chests: https://hive.blog/splinterlands/@splinterlands/announcing-21-new-reward-cards
After the new Chaos Legion packs come out next month (or thereabouts) renting should be cheaper, along with buying second hand cards of people buying bulk looking for Gold Foils.
Thank you for the reply @kiokizz! I've seen the announcement about the new cards, and felt like hopefully will be able to have more luck in the upcoming weeks with the rewards chests.
I see you'r name frequently on the market while browsing, so i guess you've got bit of a collection. What's your advice, should i invest my dec into cards with better yROA and rent them out, or rather try to increase my liquid DEC amount to have more SPS airdrops?
No financial advice, but some thoughts here to help you decide 😎
Hope that is of some help.
Yeah these thoughts of yours, although no direct advices, made some clearance :) This will be my first new card release time within Splinterlands, so i will see myself soon how these kind of events move the market here. First your opening seemed strange, but yeah its kind of a financial decision... :)
I did not yet read the whitepaper, but surely i should do it, and will soon!
Thank you again!