Re-investing strategy on Splinterlands
Splinterlands is one of the projects I have invested in and even keep on doing the same. Its the only blockchain game that I am playing and this is fun. I started my investment journey in this game in late 2019 and since then I have been investing in various digital assets in the game. Because it is played to earn game so I also started earning some returns on the investment through the gameplay and I follow the reinvestment strategy to increase the value of my overall holding in the game.
This has worked well and because of this strategy, I am able to accumulate so many tokens and even multiple assets in the game. When we invest then we can grow our investment in a simple way but following the reinvestment strategy can double the growth and that's what I followed here. This has worked well in my case and today after almost 3 years I am holding so many assets in the game. There is hardly anything that I do not own in this project and even I have purchased one license recently which I think is a good investment for the long term. I purchase it for 2000 US dollars but now the price is reduced and currently, it is available for almost 1500 USD so I have paid 500 dollars higher in this case. I am still keeping track of the price and just in case it drops further to the range of $1000 then probably I will be buying another one.
If that happens then I will be very happy because having the ownership of two node licenses is going to be great. This will also be helping me earn a decent passive income every day for doing nothing as an investment is the only requirement to achieve it.
I have a long-term goal on this project and trying to have the worth of my name account equal to one bitcoin. This is my ultimate goal and I know that it's not easy but I am focused on it. I believe with that focus and continuous action will take me there however it may take longer but that is okay as long as I am on the right path. This time in the market is down is a good time to buy more assets in the game at a lower price and things will be better when the price will grow. That market correction will increase the value of my overall holding as well and hopefully, in the next I should be able to achieve this one bitcoin value goal with splinterlands.
I believe that having a goal is important and everyone here has certain goals as per their preference and investment but what I have planned are my view and planning. We cannot predict the future but one thing we can surely predict and is that if we keep on investing in the game for the long term then it is going to be much more profitable.
I have been investing heavily in Splintershards (SPS) tokens for quite some time and completed my 75k tokens this week. This is good for me and a great motivation that keeps me focused on the goal. Now I am again in the zone where I am planning to increase it further and probably this time it will be 100K tokens to have in my game account. I want to give it a proper thought before I conclude but in the meantime, I keep on accumulating the toppers that I earn every day through my overall holding of SPS as well as some other assets.
I am trying to build every day here and I spend some time to get these actions done without missing them. Hopefully, all these actions will bring a better return on the investment of my money and time both, and this is highly expected to happen.
Thank you
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