Splinterlands | Accumulation During Selloff (Cards / DEC / SPS)

I continue my journey to be in full accumulation mode in Splinterlands by re-investing earnings from within the ecosystem despite things not looking all too good. Right now this spreads over more Cards, DEC for Land, & SPS toward my 150k Staked Goal. This is the progress I'm making...

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Does Splinterlands Have a Future ?

There is a lot of doubt right now with prices of pretty much all Splinterlands assets continue trending down. However, I'm not really all too worried as I see the game surviving this period even if there is no new bull market in the short-medium term. The core gameplay loop just remains a fun and with the recent layoffs always were going to be needed to cut the company costs.

This conflict between the company needing to earn and players earning or having their asset values hold up always has been one of my big criticisms on the game. This also caused the entire mess as everything just was massively overprinted during the bull run and right now the price is being paid for that.

The fact that SPS will likely go forward contracting the dev team and getting their share of the revenue should help give SPS way more value even though I don't like the idea at all of the DAO receiving DEC as it's pretty much worthless for the DAO as selling hurts the ecosystem.

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Today Accumulation!

I was actually planning to use a bunch of HBD that I stacked up over some time from blogging rewards but that doesn't seem to be the smartest thing to do right now as HBD is trading below peg (which usually is a temporary thing)

So instead I used some other crypto revenue sources to buy some cards / DEC / SPS

New Cards !

I am right now looking to pick up 4 copies of the Lily Shieldpaw & the Immortalis but I'm waiting for prices to get back near the lows of a couple of days ago where the first went under 10$ and the 2nd just slightly higher.

Untamed cards also are going to exit Modern Mode likely in the next couple of months or early next year which should create some sell pressure and lower prices. I do feel the game really need more game modes to make the older cards more useful for 2 reasons.

• If makes no sense that never players never really get to play with them and that they only get some use on land or in Wild which is full of bots. I'm still hoping on a draft mode that includes them and where part of the fees paid go to players that delegate their card to a pool based on how often they are used and how many of that type are in it.

• Currently, the setup in Splinterlands is just not a good one where players buy packs and see the value of their cards always go down over time with the earnings they get from playing only partly making up for this. Everyone who bought packs got totally crushed and I doubt many are going to want to unload to get into Rebellion.

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I did get 2 more Chaos Legion Cards using some SPT earnings for it

The Venari Knifer from Level 7 to Level 8 giving it +1 speed which is key to make it work properly

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The Stitch Leech from level 6 to Level 8 which gives it +1 Health and +1 Speed. I actually used the level 6 on a regular basis so it will come in useful.

That's just 4.4$ and 5.06^for a Level 8 common cards that each have 220 single cards combined. The gap between the price that was paid by those opening packs and what they go for now on the market is just massive!

DEC Accumulation

I'm still trying to reach 150k DEC to be fully ready for land while DEC is trading at a discount. I had not looked at my GLX airdrop for a month but collected it and sold it for 13726DEC. I also transferred the earned DEC from my Rental account which was 12895 DEC

This got me an extra 26.6k DEC and the total over 100k now.

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SPS Accumulation

My target price to buy more SPS is below 0.02$ which it now is almost half as it continues to trend down. I'm getting closer to my 150k SPS staked goal and if it drops to 0.01$ I likely will make that a 200k+ target

I did use 136 USDT earnings that I have been receiving on Betfury to buy more SPS getting that in the game and staking it.

For some reason I'm getting a metamask error when trying to send it and I will try it again tomorrow or monday when I have more time. The Extra SPS now has got me at a total of 138k on my main account and 23880 on my alt account.

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Conclusion

While my accumulation isn't with crazy high amounts, the fact that I do it systematically really makes it add up over time and I will continue to accumulate Cards, DEC, & SPS until I reach my goal with an eye to potentially take some profit once the market has turned around and Hype for Splinterlands is there again. I do believe this is a case of Be Greedy when Everyone is Fearfull and I guess only time will be able to tell.

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