SPS airdrop was started in late July 2021 with the journey for 365 days and now this remains for less than 100 days. As of today, this has completed 269 days of the drop and our 365 days, now we are left with 96 days to claim the drop and within this period we need to plan things in such a that can help me achieve my SPS goal. As we know that in case any airdrop dumping happens for sure because not everyone plans things for the long term and some people just book the profit to enjoy the drop. Similarly, with SPS also same things happened because its price was almost $1 at a time and now it's $0.13 but it was also at $0.10 which is a drop of approx 90% as compared to its all-time high. Recently Ragnarök airdrop has also happened and token sale is happening there as well as so we can say that this is a common phenomenon in any airdrop.
As I have already shared that my goal is to reach a 50k SPS stake and I have achieved over 66% in 265 days approx. so now in the remaining 96 days, I am planning to achieve the remaining. I did buy a good number of tokens when the price was around 0.10 to 0.11 USD but now it's at $0.13 because of the price increase now I am getting almost 20% fewer tokens with the same amount of buying orders. I was thinking that this price will be almost the same until airdrop last and this is why I was literally enjoying the buy but I think that I was getting too greedy.
I had stopped my buying for some time but today I did buy 1500 SPS because I don't know if the price will stay here or grow even more. I hope that the price will come back to the earlier one so that I can start again and get more tokens for the same price. Basically, I was getting 1000 tokes for about 105 to 110 USDT and this was a nice price. Sometimes taking a break is also a good idea but now I did buy so if the price goes down then I will buy more if it grows then although I will be in a profitable situation, I still wish to come down. I hope that during this time I will be able to accumulate more $$ so that I can buy a bigger chunk of tokens.
This is my holding and I have over 35k tokens I and left with less than 15k tokens to reach my goal. I did buy 1500 SPS from hive-engine and moved all the tokens to my splinterlands account and added to the stake. Now, this stake will earn approx 25% of APR for me and even some increased amount of voucher token.
Getting voucher tokens daily is another benefit and with an increased SPS stake, this reward also increases. I am getting almost 2 tokens per day with the increase in the SPS stake, I should be able to increase this as well. My plan is to meet my goal by the time this airdrop period ends and there is a reason behind this. I expect that once airdrop is over then selling pressure will reduce which will result in a price increase before that happen, I want to achieve my goal. It's always the right choice to buy more when the price is low and even the current price is not bad but you never how the market will behave in the next moment so I am trying to grab as much as I can.
I have been investing in multiple assets in the splinterlands and considering the limited fund's availability I am trying my ways to utilize them in such a way that can bring more value to my overall portfolio. A few things are still in the plan including chaos legion packs, some nice and valuable cards and once I will be done with SPS then I start with other stuff. What is your view about splinterlands and how do you the overall project potential?
Thank you.