148K SPS Staked achieved with 13% Staking APR

Sps is one of the tokens that I often talk about and its a governance token of the splinterlands game. This token is quite valuable in the game but in the market, its price is low which I think is a good time for long-term believers in the game. I believe in this game for the long term and this is why I continue to buy whenever I accumulate some liquid fund. The region is simple I want to have a bigger stake of SPS in the game so that my gameplay can be even better and I can get a better multiplier. Season rewards are linked with reward multiplier-based sps holding. I try to keep an eye on the market price and now I see that the price is in a downtrend however I'm expecting it to go less than two cents. I don't know if it is going to be less than $0.02 soon and even not sure if it is going to happen or not because it is the market and we don't know how things will be on the next day.

The reason why I track the price for this token is because of my long-term accumulation strategy. I'm not sharing any sort of financial advice but I do invest in this token because I believe in the way however if you are also a believer then you can invest but I highly recommend you to go through the study process first before investing. Whenever I earn some token through different ways in the game then I power it up as soon as possible because I don't think it's right to keep the tokens in liquid form. After all, it does not earn anything. The moment I add these tokens to the stake then I start earning approx 13% APR on the whole stake.

SPS Holding

This is the snapshot of my current SPS holding and I have got 148K tokens as of now. I'm on my way to building my holding earned the immediate stop for me is to have 160k SPS. As I only mentioned that last month I had one 45K and now I have 148K so there is an addition of 3K tokens in my balance. The addition of 3000 tokens in a month is not bad and I'm happy with this growth however if the price goes down then I'll be able to add more tokens which will expedite the growth in my sps accumulation.

I had over 300 tokens lying as a liquid that I had powered up. Staking is the better word than power up in the game and I just love doing it. Whatever tokens I have added to the steak or never powered down because there is no such plan I have as of now. Currently, I play in the Diamond League and I try to achieve the highest reward multiplier which is 12X but my current SPS holding is not enough to make it happen.

SPS Goal and Strategy

My ultimate goal is to have 200 KSPS and I think that will be a time-consuming process for me however I want to have 160K as soon as possible. This is because, with this whole thing, I should be able to have a 12X multiplier in time and league. I would have done it already but because of the price spike in November I had to put a pause on the buying and now I'm waiting for the right time to start again. Looks like the price is reaching to where buying and maybe in the next few weeks then I will utilise this opportunity as much as possible and power up to go my overall building fast. The SPS accumulation is going to be my long-term strategy in the game. I expect that from the current price the 10 X growth is highly anticipated with the SPS price in the next Bulldog cycle.

Although the current price is also good for me but I'm trying to be greedy here so that I can get more tokens. I don't know whether it's right or not but if my calculation goes well then I will end up buying more tokens for the same price and as a buyer, I would always expect more tokens at a low price. Let's see if that happens however I am thinking of buying in parts. If in case the prize goes further down then I'll be able to buy more and if not then also I should be able to accumulate at least a good amount of tokens which can take me forward or close to the 160k SPS milestone.

Thank you

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