What if, in a Bull market Splinterlands..
.... assets gets to see an ATH!
A proper plan is a necessity in order to make a dream come true! Along with the plan, comes the hard work, efficiency and overall implementing all of the above gives the end result! So far the year 2023 is going to be the year of building the foundation of my crypto journey!
Which makes me wonder, have I been doing enough?
Since I have made few targets to get to before the end of the year, I have been laying out few plans in order to achieve them. To name a few
- SPS target of 500k
- DEC (1 MIL)
- SPT (1 Mil)
- License (one more)
Since the price of SPS is hovering around 3 cents, it has given me a lot of opportunities to grab some SPS everyday. I have calculated few ways in order to grab SPS apart from the everyday staked SPS rewards. To start with, I have been converting DEC to SPS which I have been getting from my rental income. Which is an extra way for me in order to grab some SPS as we speak.
We might not see what's going to happen but precisely based upon the previous ATH and the market condition there is a high chance of SPS at the least making some price adjustments in the next bull market. I am approximately standing upon 40k staked SPS, in my main account.
I have achieved 12.5% of my desired target. Still a long way to go!
Just Imagine, if SPS reaches $0.5
Now, just by the thought of it (SPS reaching $0.5) is giving me chills down my spine! We have seen SPS hitting close to a dollar during the bull market. Things might not be the same since SPS circulation is getting bigger as days are passing by. While getting back to its ATH, might be difficult but getting more value for the token from the current position is not really impossible. Since, Splinterlands has shown us how valuable its decisions are based on the past activities. I would bet a lot into this game and keep on accumulating and do DCA on my investments.
My portfolio would be...
When SPS takes a possible hit during the bull market my portfolio would stand around 40000 * $0.5 = $20000. Well technically it does sounds really impressive. But facing the reality is going to be a lot difficult than we can ever imagine.
Dark Energy Crystals
Currently DEC is almost at pegged value. Which is not a co-incidence, since DEC-B has hit the market and people will take the most benefit out of it. With the current price of DEC which is residing at $0.0007 approx it is a nice opportunity to grab some discounted DEC-B, which has been introduced to us just today. Just a reminder below about DEC-B and its future use case.
Please note that DEC-B tokens will be non-transferrable, so they can only be spent in-game in the future using the same account from which they were purchased, and all purchases of DEC-B are final and cannot be refunded since the tokens used to purchase them will be burned.
Image source: Splinterlands
Where am I standing at, in DEC accumulation? Tbh I am literally nowhere. Since I have started accumulating DEC, I saw the increase of price hike and I have been using that opportunity to purchase other items of Splinterlands. Currently I have started to convert DEC to DEC-B as well. In addition to that I have also been using DEC to convert it to SPS. Which is why I have been in nowhere close to reach my goal of DEC accumulation. Well, another reason that I can say, why DEC accumulation is not the top priority of mine atm, its because DEC will be at pegged value soon and since it is suppose to be at that value I can grab these token even after couple of months from now. As whatever happens SL will always find a way to take it back to pegged value no matter if it is up or down the pegged value.
SPT
The forum for Splinterlands. Sooner or later there will come a time when blogging about Splinterlands contents will be given much more priority than it is now. Although, Splinterlands is actively curating contents on HIVE from steemmonsters account which has a whopping 4,561,533 HP. While in terms of SPT, it is not that much happening into that token. Since SL is involved here as well, I am just accumulating it as much as possible and increasing my stake in the game. So far I have achieved around 50k SPT token. A very long way to go in order to achieve my desired goal.
Passive Income
As I am growing older, I am leaning more towards passive income. The royalty income has been one of the best experience of mine, which I would like to keep it going no matter what! HIVE blockchain, HBD, HIVE-Power, SPlinterlands has given me that opportunity. We are not sure how long this will last but based on previous assumptions and all the experience gathered, HIVE and all of its attributes are here to stay. Which is why I have been accumulating HP, HBD and also not to forget I want to collect few more Licenses of Splinterlands along the way. I want to achieve that place where even if I sleeep, my earnings would keep on going and I would be there enjoying the benefits of it.
That is the ultimate goal of life, to have a passive income and enjoy the life of ours. So far in this bear market the situation has been a lot different than a bull market. But during bulls these crypto passive income generators are going to have a huge value for us. And I do believe crypto is out here to stay with us for long term and we sure are going to change our life in the coming years.
Best regards
Rehan
Want to play & earn from Splinterlands
Join via, My Referral link
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SPS at 0.5$ is a 1.5bil overall marketcap
If the Splinterlands team starts doing what they promised and produce what they plan on.
That dream could be quite alot larger than 1.5b
5year hold for sure. And can't be that upset at current prices with the potential.
Good luck!
The dream of SPS @$0.5 is not an imaginary at all, if the bull market can pull the crypto industry same like the last one, SPS can hit a bucks as the most sustainable blockchain game. So, $0.5 is really a reasonable one according to my thought🤔
Good luck with your goals! They're not impossible, just keep true to yourself and keep grinding 💪
I would be happy if SPS pegged at 1$ as possibly HBD does, while DEC has already been reported to be pegged at 1000 DEC = 1$ so this anchored price doesn't surprise me.
Nice post.
https://twitter.com/1429415246129729538/status/1624024902171852805
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