Almost two months has gone since I bought SPS node validator license it was not a mistake but it is good deal. Today spending SPS for buying license is not a good option because I have to spent lots of SPS to buy it. I have already spent 30k SPS to buy node license but if we calculate it today then it cost 42658 SPS token which is very high. Now compare old price to current price.
42658-30000 = 12658 SPS
So that mean If I sell this license now Then I will get 12658 SPS which is not bad. So I am getting more in SPS value and sooner or later SPS will pump so there is no bad deal. I was planned to buy second node license but later I cancelled that plan because the issue is low SPS price. Recently, HIVE increase 17% and almost hit $0.4 value which is big and I know sps market will follow hive.
The problem is user getting SPS in rewards and obviously is going to stake but still people use it for selling because they have no other option to sell. Earlier those people used to get the DEC, Then they were selling it but now they have sps option for selling. Especiallly bot accounts selling SPS token otherwise most of the real users like me holding SPS because We all know the potential of SPS.
If the DEC will hit the peg then we will see rise in sps price but for that we have to wait for the land or may be market will show positive movement and again we will see some greenary so in that case, Splinterlands assets will rise too. You know total account value has increased after this market pump which is good sign. Bull market is not started yet but we can say that this is relief rally We have to wait for the bitcoin halving to see bull run but till then we will see mini bull run for sure. even mini bull run will give the relief to many cryptocurrency enthusiasts including splinterlands players.
SPS node validator license price will increase because it has designed like this. And also I am getting good APR on license so it is better investment. The thing is you will get sps even it will be stopped in other rewards and that is why license is very important. Other thing is it is node of decentralized game so it is valuable thing to run splinterlands. Recently, Splintrlands team has released roadmap and lots of interesting things coming and developement is happening on node license and lands.
The main focus is to increase sps staking for now and sooner or later I will reach to my goal. Current goal is reaching 10 k sps and then 25k and 50k. Things will going to easy for me after this month Because I will focus more on staking and also do investment from outside (Using fiat). Till then, if the market goes too high, there will be a problem but Let's hope for the best. I think I have to ready for both scenerio.
There are lots of node license are still available but I think buying early is important. I made same mistake and later I had spent 30k sps token to purchase the license but users who wants to buy has chance to grab it because later you will not get it in this price. If you are holding sps and want to spent your sps for node license then I think you should wait till the sps price pump.
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| Hi I am lucky ali from gujarat, india. I am crypto enthusiast, blogger and SEO developer. I always interested to learn new things and getting new experience. You can find me on hive, twitter and discord (Lucky Ali#6343). Sharing is caring, Thank you my hive family ♥ |
