My Plan for $SPS - Can I get half a Million - 500K+ $SPS?
Hey All,
Currently - $SPS is trading for 2 cents and its bit of unfortunate to see the governance token of the No.1 Blockchain game Splinterlands trading at its all time low price. I'll be honest to you all regarding my investment in the game, which I made during its beta sale and since then continue to invest strategically in buying some of the game assets. Further more my investment in this game has given me 10x returns and it continues to grow exponentially. The main reason for my investment to grow that much is because I bought a Tract [which is 100 plots] for close to $1200 dollars only and now one when you see the prices of the plots its insane. Lets get to the main point now on my plans for $SPS and where I stand currently with my GOLAs for $SPS
My Current 232K+ $SPS Staked & Growing...
When, I started staking SPS - I had this GOAL to have 100K+ SPS staked. At that point in time I was thinking this should be it and I'll start to convert all the $SPA staking rewards for $HIVE. But since the price of $SPS tanked, I thought it wouldn't be a good strategy to sell SPS for cheap and rather I continued staking all my $SPS and even bought it at different levels. I did rather take opportunities in between to buy in cheap $SPS and staked all of them and for that reason my current stake stands 232K+ $SPS staked. Also you can see from the above image the amount of $SPS that I am getting daily for HOLDing in game assets like Land, License node etc and all of these rewards get redirected to the staking as well.
Can I get half a Million - 500k+ $SPS?
The main question now is - Can I get half a Million $SPS? At current price of $SPS, I would need close to 15.5K+ $HIVE and to honest I don't have that much of liquid $HIVE available. But, what I have is determination to reach this GOAL of mine for $SPS. Currently, I am adding close to 350+ $SPS to staking pool daily. But this is going to take ages to get to a point of having 500K+ $SPS. I started with 100K+ and now targeting 5x here is a pretty hard thing to achieve - but at the same time is impossible. Ideally, if I take my other LP pools for $SPS in $BNS - $SPS, $PKM - $SPS and $DEC - $SPS - I would be having another close to 150K+ $SPS there itself. So, I need to work out to accumulating only 150K+ of $SPS which become some what easy to accomplish.
Here is my $SPS stake in both $PKM and $DEC pool - almost close to 100K+ of $SPS here itself only. Therefore my plan for $SPS will be continue to HODL this precious governance token of the game. Stake all the rewards back to the pool and finally leverage some profits or as matter of fact the passive income here on HIVE Blockchain to buying in $SPS for cheap before its too late - I am sure once the Bulls are back we aren't going to see such a low price for $SPS ever gain.. cheers --- $SPS to the moon...
Have Your Say on Splinterlands - $SPS and other in game assets?
How is your $SPS GOAL looking like? Staking $SPS or selling it? Did you buy some land/plots? How is your Investment in the Splinterlands Game looking like? Doubled? Tripled? And what has been our latest strategy in the game Splinterlands? Are you planning to surveying your land? Let me know your thoughts in the comment box below... cheers
My Splinterlands Land Investment Grew 10x in last 2 Years
#splinterlands #sps #land #investment #nft #game #play2earn #web3
Best Regards
Image Credits:: splinterlands, beeswap
Posted Using LeoFinance Beta
https://twitter.com/1244245420026376192/status/1651426081617084417
The rewards earned on this comment will go directly to the people( @gungunkrishu ) sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.
Wow that's actully some really serious stacks of SPS but also SPS in liquidity pools as well! What kind of payout are you getting from those hive engine pools?
thank you dear @bitcoinflood this has been a hard work for many years now. Regarding the payouts for the hive-engine pools its pretty decent with an APR of above 30% for DEC - SPS and for PKM - SPS its more than 56% at the moment. cheers
Posted Using LeoFinance Beta
Congratulations, @gungunkrishu Your Post Got 74.3% Boost.
@gungunkrishu Burnt 15 UPME & We Followed That Lead.
Contact Us : CORE / VAULT Token Discord Channel
I have not looked at Splinterlands yet. Not sure how to go about it to do the staking. Yours sound really interesting and exciting to do.
not a problem - just explore about a bit on Splinterlands and you will a lot of information about it and its governance token $SPS.. cheers
Posted Using LeoFinance Beta
Hello, something similar is happening to me, my goal was to reach 100K, and start making a profit, a few weeks ago I arrived but with the price of SPS so low I don't want to sell SPS, the bad thing is that if I need liquidity, I will start publishing more Let's see if I can keep staking all the sps I earn daily in hive, it's probably more than a year until we see new highs so it's time to have iron hands hehee, greetings
hi, thanks for visiting my blog and providing your inputs as well on $SPS.. Yes, it the time to accumulate as many $SPS as we can before the crypto bull is back.. good luck with your $SPS GOAL.. cheers
Posted Using LeoFinance Beta
That's some aggressive stacking! With the price slipping the last week or so you might be able to pull in a nice chunk cheaply. That's awesome!
thank you dear.. Yes, the hope it to accumulate as many $SPS incase it falls further from here..hopefully I can get to 500K+ $SPS before the crypto bull arrives.. cheers
Posted Using LeoFinance Beta
Thanks for sharing! - @alokkumar121
