The market is down and this impact is seen in the SPS price. This coin value is down and even dropped a bit in the last few days so I am trying to buy more. I did buy a good chunk of SPS earlier and even today I got my other order filled in hive-engine. I had placed a buy order bid at a low price and I did it last month. I was not expecting at all that this will happen but it happened.
Sometimes it is a good idea to place the bead at a lower price and weight for order fulfillment. If you are lucky enough then you get the deal else your order remains as it is in the order book. Today I got the notification that my order for 2000 SPS has been filled and I am glad that now I got the deal at my price. I follow various ways to buy SPS and this is how I am trying to reach my goal of 100K SPS holding in my account. I deposited all the tokens in my account because there is no point in keeping these coins in liquid form and it does not earn anything for me.
Whatever I earn through the game and various assets, I stake it all. Even the tokens are buy from the market are deposited in the account and the only goal I have is to reach my target of 100K SPS holding. As of now, I hold 81k sps in my account and now I am left with 19K sps to achieve my SPS goal. I know that it's not possible for me to accomplish my goal this year however I will be trying my best to make it happen in the first quarter of 2023. This is the maximum time frame I am anticipating however I am not sure about the market so things can vary depending on the market movement.
I'm not sure of the exact reason for the price drop in SPS and maybe one of the reasons can be the new year festival season where people need more money for the celebration. Maybe the case is that lot of people are selling their SPS and because of this reason the price is dropping. I am just guessing this but I don't think that at this price point selling sps is a wise decision. It is a market and people have different opinions and financial goals so I am happy that now I am reaching closer to my goal if these continue to for some more time then hopefully I will be able to achieve my goals sooner than I planned.
I am not buying any asset in the game as of now except SPS because I want to achieve this goal at soon as possible. This is because I do not know if the price will increase and it will be difficult to get more coins at the lower price so I do not want to miss the opportunity. I also want to buy many cards to make my game experience better but still, I am focused on SPS considering the current market situation and the available buying opportunity.
Splinterlands is a fantastic game and I see it growing a lot in the next couple of years. This is the reason why I am trying to increase my overall holding in the project and if you also believe in a project that is growing in play to earn segment then you should consider splinterlands as one. This is not financial advice and I am just sharing my or just on my experience and planning so I highly recommend you study first before you think of investment. Making more risk in the crypto market through the right project can give us some time a great opportunity to bag fantastic returns and hopefully this one can be the one based on my study and understanding.
Thank you
