RE: Splinterlands Strategies: Rent 100% or Play?
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...'DEC is looking a little lost right now, and I happen to have a LOT of it'...
The same is true for SPS. It is currently worth $0.226 USD. I witnessed the fall from around $0.90 USD in the recent past. I still stake all of my SPS, but to be honest, I regret (at least at some level) not selling any of it, while it was higher. I would be able to buy more at these lower levels.
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"What is the greatest factor influencing investors to stake a second layer token?"
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I am currently a beginner investor, but as I see it, the answer is probably to have and build (or the desire to build) a strong specific community around the given token. There could be many factors, but probably this is the greatest factor. For example Proof of Brain, LeoFinance and Palnet have strong communities, and many people gladly invest in their tokens.
Or at least this is how I currently see it.
I tag @cwow2.
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"What is the greatest factor influencing investors to stake a second layer token?"
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Well. Seems a bit spammy x)
Can't hold everyone's hand through life! If you see it as spam, you can take the responsibility to censor that from yourself 😀
(From my experience, most of the answers to VYBolt are better than most posts I stumble onto, lol)
I am still feverishly staking SPS. Why would you sell when it's so low, and what would you do with the earnings? Place them in your fiat bank account to get that juicy 0.1% APR?
I am also staking all of my SPS, but if I would have sold it at a higher price, then I would be able to buy more SPS at these lower prices. It is currently $0.218 USD, and it will probably go even lower in the near future.
It's going to go way lower. 1million is created daily and people see a low price and will panic sell for awhile
Expect less than 10 cents next month