Ultimate New Player's Guide: How to Make a Profit in the Splinterlands Ecosystem 2/2

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Introduction:

Hello Splinterlands friends and family! ๐Ÿ‘‹
Last week, as part of the Splinterlands Social Media Challenge, I shared a guide aimed at new players on how to play this game in a way that is both fun and profitable. The first guide covered the basics and shared a bit of my strategy, and now I present to you the second part, which will go a little more in-depth on the strategy I use with my alt @javiss01. ๐Ÿ“ˆ

This second part may be a bit more advanced and requires the reader to know a little more about the @splinterlands ecosystem. ๐ŸŒ

Like I mentioned in my previous post, I've been using this strategy for over a year now, and itโ€™s proven to be quite effective. Itโ€™s important to note that Splinterlands is a game based on asset ownership, meaning that to actually earn, you need to own assets. ๐Ÿ’ฐ
There are two types of assets in Splinterlands: NFT assets and Soulbound assets. This guide relies on the principle of renting the NFT assets to build up the Soulbound assets over time. โณ To make this strategy work, you need to invest quite a bit of time. The idea is that since this is a game, the time you put in should also be enjoyable. ๐ŸŽฎ

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As we saw last week, the key parts of this strategy that were discussed in the previous post were:

  1. Slow-building strategy: It requires an initial investment of around 5000 DEC or credits to rent Chaos Legion (CL) max-level cards and build a Soulbound card collection. ๐Ÿ—๏ธ
  2. Lux Vega: Renting this summoner card is crucial for the strategy to work, as it allows players to use one summoner for almost every fight. ๐ŸŽด
  3. Daily routine: Play 24 battles a day and refresh rentals on PeakMonsters regularly to keep the strategy working. โš”๏ธ๐Ÿ”„
  4. SPS renting: Players should rent enough SPS tokens to earn sustainably. ๐Ÿฆ
  5. Brawls and tournaments: Brawls are recommended due to no entry fees, while tournaments should only be entered if the player is confident about their gameplay. ๐ŸŽฏ๐Ÿ†

To keep things structured, I'm going to divide this post into 4 sections. I understand that some of these concepts some readers might already know, so I will divide them, and you can jump to whichever interests you the most. ๐Ÿ“š๐Ÿ‘‡


I. The Use of Rental Bids in PeakMonsters ๐Ÿ›’
II. What Chests Should I Buy? ๐ŸŽ
III. My Daily Routine: Refreshing Rentals and Looking for the Best Deals ๐Ÿ”„๐Ÿ’ก
IV. Monetizing Your Earnings and Reinvesting ๐Ÿ’ธ๐Ÿ’ผ

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I. The Use of Rental Bids in PeakMonsters ๐Ÿ›’

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One amazing feature introduced by @asgarth and @jarvie as a core function of PeakMonsters is the ability for us players to place bids on monsters we want to rent. By setting a maximum rental price, PeakMonsters will ensure you get the card rented for that priceโ€”or sometimes even lowerโ€”if someone lists the card at or below your bid price. ๐Ÿท๏ธ

It's important to note that PEAKMONSTERS is SAFE, and many players use their service daily and can vouch for it. Whenever I've had issues (which honestly weren't many), their support team responded quickly, and my funds were returned. ๐Ÿ”
I think it's important for new players to know that they are safe when using PeakMonsters.

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The rental bid system that PeakMonsters offers is quite useful for our strategy. The main idea is to always try to get the best deal when renting cards. However, rental prices fluctuate significantly during the season, and if youโ€™re not careful, you could end up paying double for your rentals. ๐Ÿ˜ฌ

Now, the question is: Whatโ€™s the best way to use this feature? Should you place low bids on all the cards? The answer is NO. You should not place bids for all CL cards, especially for those youโ€™ve already rented. ๐Ÿ›‘

Weโ€™ll use the rental bid system for cards not part of the Core CL set and some CL summoners. That means placing bids on most RiftWatchers cards, CL promo cards, some 4 mana and legendary CL summoners and possibly some Rebellion cards if you're feeling confident. The trick is to place very low bids and be patient, eventually, some of these cards will get rented. ๐Ÿ’ธโณ

The main advantage of this approach is that it saves you a ton of time. โฑ๏ธ If you were to monitor the market daily to catch the best deals, you might get better results, but it would take a huge amount of time, whichโ€”like I mentioned in my last postโ€”is something I highly value. ๐Ÿ’ผโณ

Lastly, I want to emphasize that the reason we donโ€™t place bids on every monster is that if we did this strategy would eventually backfire. Youโ€™d end up spending more than if you just rented normally. The goal of this strategy is to build a solid base deck with CL cards, then improve that deck by renting other cards via rental bids. ๐Ÿ—๏ธ But if you place bids on every CL card, some wonโ€™t get rented, and youโ€™ll have to manually rent them later, which might lead to forgetting to cancel the bid. This could result in the system renting you another copy of the same card. ๐Ÿ˜ต

For now, PeakMonsters doesnโ€™t have a feature to stop rental bids if you already own the card, but if they ever add that, we might need to reconsider this part of the strategy. ๐Ÿค” As always, the goal is to find the best deal! ๐Ÿ’ฐ

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II. What Chests Should I Buy?

This is probably the hardest question to answer because its kind of personal in the sense that it really depends on how much glint you are making per season and how high can you actually climb in ranked.
To give you an idea this is how my alts @javiss01 chest screen looks like:

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As you can see I already bought batch 1 of common draws, Epic draws and major chests. This is pretty much what I can afford per season on this account. Im sure there are top accounts out there that can buy double what I can but the idea is to maintaing this in a budget and that means your rewards will be limited, you account wont reach the top or be the most rewarded account in the game. But all of that is fine, we are not aiming for the top, what we want to achieve with this strategy is to slowly build up a deck consistent of soulbound assets that will make our life easier in the future.

For this set of reward cards I choose to focus on all my accounts on epic cards. I think Epic Cards are the stronger cards in the set and collecting them fast is my priority. I also bought common draws because its quite cheap to do so (60k glint) but if you cant afford it you can skip that.

Lastly I recommend buying both minor and mayor chests. Both of those chests (especially major) provides a lot of energy that we will use to keep fighting in ranked and earning more glint.

Its important to notice that with this account I never buy something over batch 1. I simply cant afford it and the price ramps up pretty fast.

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III. My Daily Routine: Refreshing Rentals and Looking for the Best Deals ๐Ÿ”„๐Ÿ’ก

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I already touched on this in my previous post, but it's important to emphasize again that this strategy requires DISCIPLINE. ๐Ÿ’ช You need to play every day, refresh your rentals, and keep track of the overall account, brawls, tournaments, etc. ๐Ÿ—“๏ธ

What I do each day is go to the PeakMonsters site, head to rentals, and set up filters. Then, I click on Remaining (days) to sort the rentals by time left.

Once there, I refresh every rental that has less than 24 hours remaining. To refresh a rental, just click on the icon and confirm the transaction. ๐Ÿ’ณ. Feel free to adapt this part of the guide to your needs. Sometimes, when Iโ€™m going on vacation, I rent the cards for 7 days or more. ๐Ÿ–๏ธ The goal is to implement a system that is organized and something you can follow consistently. โœ”๏ธ๐Ÿ“…

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IV. Monetizing Your Earnings and Reinvesting ๐Ÿ’ธ๐Ÿ’ผ

A key part of this guide is to quickly explain how the account sustains itself over time. ๐Ÿ•ฐ๏ธ The idea is that when we start using this strategy, we will use the initial 5,000 DEC to rent a Chaos Legion (CL) core deck. ๐Ÿ“ฆ At current rates, this would cost around 500 DEC a day, depending on the deals you can find. ๐Ÿ“‰๐Ÿ“ˆ

This means, at today's prices, we need to earn around 60 SPS per day just to cover the rental costs. ๐Ÿ’ฐ Considering we're expected to win half of the battles we play, and each fight rewards 8-10 SPS (assuming you have around 100k sps rented), this results in roughly 100 SPS per day, or even more. ๐Ÿ† That's more than enough to cover card rentals.

In the beginning, it might be difficult to hit these numbers, but trust me, you will get there eventually. ๐Ÿ˜Ž

Keep in mind that the SPS you earn is staked, so you'll need to collect a decent amount before unstaking. My advice: once your initial 5,000 DEC runs out, start unstaking once a week. โณ You might need another 5,000 DEC temporarily to cover costs when you're not liquid.

Itโ€™s important to note that for this strategy to work, you will need to swap SPS for DEC. You can easily use the Swap Tokens function on Hive Engine for this. ๐Ÿ”„๐Ÿ’ฑ

Another thing you might want to consider is to slowly start buying CL cards near burn. This part is not for when you start with the guide but eventually you will start hoarding quite a lot of dec. The idea is that whatever card you buy near burn is a card you dont have to rent and when CL are out of modern you can stake that card on land, put in play in wild with some bot or just burn it and recover the dec you invested.


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Conclusion: Final Thoughts and Reflections

In this guide series, we've delved into a detailed strategy that allows you to play the game with minimal investment maximizing your profits and enjoyment in the Splinterlands ecosystem. ๐ŸŒ In this second part we saw how important is building a Soulbound collection and how using the Rental Bids on PeakMonsters to refine your daily routine and ensure youโ€™re getting the best deals on rentals is a great idea ๐Ÿš€

The daily discipline of refreshing your rentals, tracking your SPS earnings, and managing tournaments or brawls is essential to keep this strategy effective. ๐Ÿ“…๐Ÿ”„ Additionally, understanding how to monetize your earnings and reinvest in your deck will ensure that your account becomes self-sustaining over time. ๐Ÿ’ธ

Remember, the ultimate goal is to build a strong, flexible collection while keeping costs low and profits growing. ๐Ÿ’ก With patience, consistency, and smart decision-making, youโ€™ll be well on your way to maximizing your Splinterlands journey! ๐Ÿ†๐Ÿ”ฅ

Thanks for reading, and I hope this guide helps some of you get started! ๐Ÿ™

See you next week!


*If you liked this post, feel free to upvote, comment, and share your experience! I would love to know if anyone is already using this strategy or if you start because of this post.

You can also check out more of my content here.* ๐Ÿ˜Š


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