10k SPS Goal & Buying SPS on DIP..
Its been 180 days of SPS airdrop today which means half the year is gone and the same amount of time is left to enjoy this airdrop. SPS airdrop was announced and started in the last week of 2021 and now we are in the last week of Jan 2022. During this period we have the all-time high price of SPS and now is the lowest which is moving around $0.10. I never thought that SPS could go this much down but again in the crypto space anything is possible so better to have plan B. Here the plan is to have either buy on low and sell on a high however I could not sell any SPS because I never had planned to sell and I had the goal to stake all since day one.
Here is the current chart for the SPS token and its trading at $0.116 and it was even at $0.10 yesterday. At this price, we can bet 1000 SP for $110 and now I am buying because this is the best time to buy more. Although we know that the price is expected to go high even now when the price is low and APR is over 35% on splinterlands website. Buying in terms to get decent APR is also a good idea and holding will bring many benefits.
I am buying SPS in small parts and this is helping me to move closer to a 10k SPS stake. I am planning to have a 10k SPS stake as soon as possible and for this, I am using my daily drop and dip buy both. As of now, my SPS holding is 7759 and I have achieved 77% of my stake to the 10k goal. I hope that I will be able to buy more tokens.
There are two benefits for the SPS stake and this includes 36% off APR and a daily drop of VOUCHER tokens. Vouchers can either be sold in hive-engine or they can be used for bonus packs buy so that is added benefits. Rift watcher packs are also announced and I hope there would be another opportunity for SPS holders however not sure if vouchers will play a role in that packs.
I opened a couple of CL packs and got 3 nice cards out of which 1 is legendary. CL cards are on sale in the market at a lower price so I am planning to buy cards than opening packs because I think that will be a better way to grab more cards. There are many things that I want to buy but I am running short of funds I have purchased credits, DEC, and even SPS with my funds.
Its like the crypto sale is going on and even on splinterlands, I can see a great opportunity to bag tokens/cards at rock bottom prices. Let's see how much I will be able to grab. I am investing in the game now because I find it the right time to increase the holding and once things recover then I can enjoy the value appreciation as well as other rewards.
I am bullish on splinterlands and trying all the possible ways to increase my game holding and this time is certainly a buy-the-dip opportunity. I would like to have a second opinion on the current market price.
Thank you so much
Stay Safe
Posted Using LeoFinance Beta
I m totally bullish about the SPS too and for all the good reasons you gave
I should increase my SPS stake also.
I too thought about buying some SPS tokens ... We are really very low I think that from here first then it will go up
As long as the airdrop continues i don't see a bull run happening, but I'm quite sure it will come, so better be prepared :)
I forgot about the coming Rift Watchers update. I think I will buy a load of SPS as soon as the Splinterlands team announce the releasedate...
It is definitely important to stock up on SPS now! Sure it might take a while for it to recover, but once the SPS airdrop ends.. we might see at least a decent uptrend for a while!
I am impressed with your SPS, so close to 10000 - meanwhile I am here aiming for 5000 wihin the next 5 months 😂
!1UP
Thanks for support and glad that you are also doing great with staking
You have received a 1UP from @mezume!
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