Splinterlands is a big ecosystem and this is a growing play-to-earn game. This time when the market is not doing well we can see many of assets available at lower prices. The SPS node validator is one of the expensive assets in the game and I am happy to share that I did buy one in October month for 2k USD. I had paid 4000 hive to buy one license and at that time hive price was $0.50. now the price is low and we can buy it for about 2600 hive this when the hive price is low so it's even cheaper.
I did not expect that the price will fall like this and this is why I purchased one license in the first week of October. I have been earning SPS and vouchers every day which is good and makes it worth holding a license in the game account. The good thing is that this reward will continue indefinitely so till the time we are holding the license in our game account this daily reward will be on.
It's been 3 months since me holding one license and I also want to buy one more for my long-term investment in the game. Currently, I am running out of funds and I do not want to power down my HP because the price for the hive is low. My plan is still on and if I am able to manage the funds then will buy another one. Holding to the license is good enough I believe to generate some passive income and once the price for SPS will grow then this reward will be much more valuable than what it is now.
There are many assets but I think this is one of the most expensive stuff in the game. I regret that I missed buying the license earlier else I would have recovered my investment and even the price could have been lower as compared to what I have paid. Sometimes it is difficult to take the decision at the right time. I had the plan to buy one license after the launch but I was waiting for a better price which never happened. During the sale for rift-watchers, all the licenses were sold out from the first tranche and the second was much more expensive. My plan did not work as I was waiting for more price drops and because of this, I did I had to pay a higher amount to buy the same license.
Whatever happened has happened and now I am not worried about it instead I am trying to buy one more license in the next couple of months so that I can average the price because this one will be for a low price. As a buyer, I will always prefer to buy at a lower price but I am surprised how come people are selling the license at such a price that is way lower. We need to understand that the validator has not been enabled in the game till now however it is expected to go live soon.
We do not know how it will work once the mechanism is live however I am quite confident that this will give the opportunity to all the holders to generate SPS which can be a good source of passive income. It's better late than never and with the same thought I was able to buy one. It will be another great moment for me when I will add one more to my account and I am sure that this will happen soon.
I am happy to share that I have almost every asset in my account including cards, packs, tokens, lands, and even node licenses and my goal is not to book profit but instead hold to generate passive income in the long term. With one license I am able to earn the reward of more than 600 SPS coins along with over 100 vouchers in a month. I am not going through the current value because I know the current price is very low however I expect that once the price will be back to its all-time high which we have seen in the last year then this reward will be much more valuable.
Thank you
