It's been two months since the launch of the GLX token and I did sell some tokens when the price was high. I did buy SPS through GLX conversion this way as holding more SPS is better because this increases the daily airdrop. GLX airdrop is for the long term and we are going to have it for the entire year. We need not claim the tokens instead tokens are credited automatically but we need to stake manually if we want to. I log in every day and stake daily airdrop because I want to available the APR that is more than 400% at present.
I had no specific strategy with GLX but now I am planning to have it because this is necessary. The current GLX price is low and this is why it's a wise decision to sell rather holding and accumulate is better. We can earn an apr of approx 400% and this is way high. This will drop further but till the time it is higher I think it is a good decision to accumulate more tokens and deposit them in the account to earn these higher returns.
This apr percentage will be dropping as more people deposit the coins but I believe this will continue for some months and it is a good idea to get more to come through this accumulation strategy. I do not have any specific number as a goal for the GLX but I have decided that I will continue to accumulate everyday airdrop and probably I should be able to have a decent number of tokens.
This is a new game which we are going to have the next year but I believe that it is going to be the same kind of splinterlands. As of now, we do not have many details about the game but it is expected that this will give a bunch of opportunities to invest and earn through this play-to-earn project. Like splinterlands, I also want to have certain goals on this game so I start the same with GLX and once there is more development then I will think about it to see what I can add to this.
I already have a good stake office in my account and on top of this having another bunch of GLX will be another way to generate some passive income. I also expect that the value will appreciate for a period of time and we are going to have more use cases in place for the token once the game is live.
I have not purchased any pack as of now from the game but that is my plan which I want to execute in the next year. I want to do this but because I was more focused on SPS so now that is done and next, I can focus on other things in the game including some packs or whatever assets that will be added by the term in the future. Certainly, I will invest some amount in the game because I expect that things will grow and I do not want to miss out on this opportunity to add another game to my play to earn a gaming portfolio.
(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
Thank you so much
Stay Safe
