Flipadelphia Day 25: Not Giving In To March Madness at the End of February

Sales Were Made, But Purchases Remain on Hold For Now

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None of this article is financial/investment/legal advice, it contains a strategic valuation analysis of speculative assets that can be subject to market fluctuations. You are suggested to seek out a Registered Investment Advisor (RIA) for all investments and the author is not an RIA. Splinterlands' Terms of Service identifies Splinterlands/Steem Monsters as not being an Investment Company. As defined by the U.S. Code of Federal Regulations, Steem Monsters (the parent company of Splinterlands) and the Decentralized Autonomous Organization (DAO) that was published by Steem Monsters can be argued to rise to the definition of being classified as Financial Institutions in the United States. This is a duty to warn and inform given that the actions to be described regard the valuation of assets and speculation of events to take place.

As we enter into March Madness, the time of ripped up brackets, overtime, dental visits, singing "Rocky Top" one too many times (which is once), and 31 days of zaniness to end the First Quarter of 2023, let's not lose our heads. This February 28, was not the time to go wild and pretend it was March. Prices dropping is not always a signal that the water in the School-is-in-Session River is fine and there may be greater opportunities to come in Flipadelphia.

What's Out?

The Level 1 Regular Foil Prismologist found a new owner in exchange for $1.14 and Level 1 Regular Foil Obsidian departed in exchange for $1.99. A pittance, but the objective is to climb up the ladder and that's a way to get there.

That casino aggressiveness is resulting in cards being sold and more cards being purchased and that's the name of the game here in Flipadelphia.

Waiting to Swipe Right

The hope here is that the higher priced cards find a new home soon, but they wait for a new owner. Level 2 Gold Foil Water Caller and Level 2 Gold Foil Regal Peryton were and are floundering out there on support points respectively. In fact, the Water Caller fell under $4 after numerous attempts to tip-toe around the support point.

No Purchases to Report

The objective is to be patient here and strike when an opportunity arises. It may mean anywhere from 1-4 cards are purchased.

Now here's a bit of Madness...