Hello Splinterlands and Hive Fam!
I hope that life is treating you well wherever you are in this part of the world.
My Splinterlands Game account is - FinPulse9.
SPS coin is a very important component of the Splinterlands game, and last year, I made it a holding of 125K coins, which is staked in the game account. It is valuable because it plays a very important role in the game ecosystem, where rewards are linked with how much any player takes from the game, and liquid token holding is not considered. When I purchased the SPS from the market, the price was low at that time, but I had no idea that in the future the price would go further down, as I would have waited, but it's fine because it is the market, and many things we just contradict and cannot even control them. Similarly, with Hive, I also had to go through the same, where when I purchased, the price was around $0.20 to $0.25, but later on, it started dropping, and now we know where it is, so if I had waited till now, then surely my holding would have been much bigger than what I hold currently.
Now coming back to SPS and my strategy, which I'm planning to do with this coin. I have planned to invest in SPS and buy a few bunches of tokens from the market, which obviously I will be adding into the game account and locking in the game, also so that it can help me generate good rewards, and also the APR, which is currently 7.25%, should also be started on that. This APR is not very high, to be honest, but I think it is not bad because in the current situation, when the market is really going through a tough time, this APR can be considered as good, and it is surely not bad.
I have no idea what price SPS is going to see in next few months But I believe it is already rock bottom level So there are not much chances for the token price to draw further but yes there is always a possibility to see the drop happening on its price however let's see how things go ahead in market and what sentiments we see with this particular token in terms of pricing.
As I mentioned, currently I have 125K tokens, but I want to make it 150K or maybe more than that, which can be 200K depending upon how much I'm able to buy. And with this increase, I hope that my reward will also improve, since with the bigger stake, we can expect better rewards in the game. I have seen people holding millions of tokens, and they are really great people in the game because the kind of quantity they hold is huge, and I don't think I can be there, but at least whatever I have is good for me, but still, I'll be trying my best to accumulate more tokens through buying and increasing the stake. Thank you!
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Image Courtesy: splinterlands and peakmonster website
