Whenever I see the sps price going down then I feel like it is another buying opportunity coming on the way. I believe it is about the interpretation that means we if believe in the project then low price seems an opportunity for us but if we do not believe in the project then it may trigger the panic mode. I have been accumulating sps for a long and even now my accumulation mode is on but the current price seems like another buying opportunity I may think of buying more SPS.
SPS can be a bigger game
I am a big-time believer in the splinterlands game so I will share the same thought for its governance token sps and this is the reason why I have been accumulating the tokens since the beginning. I have missed the opportunity to sell at the higher price else by now I would have accumulated at least half of the million tokens in my account. It's OK because sometimes we miss the opportunity but it is even more important to keep our eyes open because you never know if that opportunity knocks on your door again and seems like there is another situation that can not be less than an opportunity with sps. It is like the more you accumulate will be better in the long run because there are going to be so many benefits down the line for those who will be holding a good number of tokens in the game account.
My SPS Strategy
the current price is very low I would say and it seems like if the market situation goes like this then we might be able to see it around $0.02 or below. I am going to buy sps for sure but I think it is a good time to keep a close eye on the price because if it drops further then I can get more tokens for the same price. I will be trying to be more active on the market to see how the prices fluctuate and if I find it below 2 cents then I'm going to buy it for sure. I do not know what amount of tokens I will be able to buy but I hope that I can buy a good chunk because this way for sure I will surpass my sps goal but it is always good since my holding will be growing.
Current SPS Holding
I power up sps every day because whatever reward I get, is added to the stake. This is my daily practice and I have been doing it for a long which does not take more than one minute. I have more than 31k SPS in my account but if I get the opportunity to buy at an even less price then I hope soon I will be able to make it 35K in total. How does it sound if I can make it 50,000 in total in the next couple of months provided there are buying opportunities in the market and I can grab some highly discounted sps to my bag?
Surpassed the SPS Goal
my goal was to have 30,000 sps in total but now the current market is giving me the opportunity which I do not want to miss so for sure I have surpassed my goal. I will work on it to take it forward and hopefully this way I will add another bunch of a few thousand tokens to my balance. If that happens then I am going to increase my goal again and we'll see how far I can take it forward. As I said that I will be trying to be more active on the market to see how prices fluctuate and if it drops further then for sure I am going to add more tokens.
I am not sharing any kind of financial advice here but if you are someone who believes in the project and this fantastic game there I'm sure you should consider it buying now. You never know when there is a good update in the game and that might push the price to grow and then you should not regret not buying at the right time. I know that everyone will have different limits of holding so I cannot compete with anyone but it's still whatever best I can do from my side, it's something that I'm trying to do now.
(Splinterlands is a fantastic play-to-earn game and if you like to join then do it through my affiliate link shared below.)
https://splinterlands.com?ref=reeta0119
[Images are from the splinterlands game whenever not mentioned]
Thank you so much
Stay Safe