RE: Splinterlands: Rental prices dropping and update on my rental strategy
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This was very interesting to read, as I actually am just about to jump in to my very first Splinterlands investment in over a year (going to buy 100 packs of Chaos Legion = 110 w/ the bonus), and rent out everything I pull. I don't have the time to play, but I figure the cards + rental income should increase nicely over time (after watching previous cards I had rise).
Can you tell me more about Monster Market and this cashback you speak of? This is facinating to learn about as I'm brand new to renting cards out as a passive income strategy.
Thank you!
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Rental income is nice but everything is valued in DEC. As I earn everything in-game, I don't really care about the dollar price changes.
Monster Market is a front-end for the shops where you can buy cards. The front-end doing the transaction gets like 5% of the money spent so Monster Market gives you back 3% (60% of their revenue). So in a way, it's like using a credit card and getting some cash back for your purchases. If there is a card you wish to buy and it's already listed on the market, it's best to go there.
!PIZZA
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RE: rentals - fair enough, I can live with that. I don't mind the dollar fluctuations either, simply looking for alternative ways to generate some yields, while also building up a portfolio of underlying assets (cards that appreciate over time seems like a solid move - really wish I would've kept the Golden Yodin Zaku I pulled last year!)
re: Monster Market - that's awesome! Thanks so much for sharing that, that's an excellent way to hit up the market. I will definitely keep this in mind moving forward!
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