Change of Strategy

avatar

strat.jfif

My strategy changes from year to year.
When things are not going well this happens month to month or even week to week.
Desperate times make this daily flipping from one idea to the next. Not necessarily to become rich but to consolidate losses which seem to be prevalent every which way.
After watching my Splinterlands assets going to shit and wondering what to do I have finally decided to take action.
So this is what the new plan looks like.
Renting all cards
Why?
Playing is time consuming and the rewards are not worth the time or effort. So im going for the rent option instead.
Rental income will be used to either buy more cards or SPS. Other option is to save up and buy packs. This will be decided at a future date when I have enough dec to play with.
Second part of the strategy is as follows.
The SPS I have staked is producing glx as a daily airdrop.
I am currently staking around 20% and selling the 80% and exchanging for SPS. This increases my glx airdrop and increases my SPS staking rewards which are a combination of SPS and Vouchers.
I have managed to get up to 2900 SPS from over the past few months this includes buying some as the price has decreased.
So there you have it my new fool proof strategy.
Ok maybe not fool proof lets wait and see.

Posted Using LeoFinance Beta



0
0
0.000
7 comments
avatar

Great strategy!

It is always good to monitor the situation and react according to the events.
Every strategy can be changed and improved.

The amount and not stop and react to difficulties!💪💪💪

0
0
0.000
avatar

Thank you.
Agree its better to try something than just sit still, as you said can always be changed accordingly

0
0
0.000
avatar

Congratulations @votebetting! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)

You distributed more than 25000 upvotes.
Your next target is to reach 26000 upvotes.

You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

Check out our last posts:

Our Hive Power Delegations to the December PUM Winners
Feedback from the January Hive Power Up Day
Hive Power Up Month Challenge 2022-12 - Winners List
The Hive Gamification Proposal Renewal
Support the HiveBuzz project. Vote for our proposal!
0
0
0.000