RE: ๐ฅ Land 1.75 is Coming โ The Future of Splinterlands Land Awaits! ๐ฅ
You are viewing a single comment's thread:
That would be great for me I think since I bet SPL would start paying dividends to the equity holders which i am one of the few small investors that bought in the seed round of it. So all this recent positive action is making me very happy as my stocks likely worth more than it was last i checked and at one point it think it was close to 500k at the peak and i already got my money back from the 2.5 SPS per share owned i got in 2021 when it was high and i sold all that and picked it back up at .05 but got killed at the end of 2022 and 2023 when my account was over like 150k in value and tanked. I prob lost almost 100k on the assets I had. Now I am only re investing half my earnings and always selling half into other assets i use that are stable to fund my crypto purchases when things tank and also diversify my cash flow into less volatile and higher return strategies that are more consistent while still leaving a decent amount of SPL assets mainly on land and will also be spinning up a validator that burns all its rewards to dec then buys sps burns that and keeps repeating until each profit from the node after costs is gone and I want to put up 10 nodes so it will attract 10 votes from smaller players without a top spot and even out the sps distribution a bit by taking some and re allocating it from a few ppl to benefit the entire token.
I went through a similar experience to yourself. I don't think my account was valued as much as yours. I bet big on @splinterlands and had my portfolio wrecked. Despite all of this, I don't want to sell any of the NFTs I have. I do plan to sell a large portion of my SPS stake as the prices go up. I do not have the funds to get more Node Licenses at this point. I wish you Best of Luck!
im still tech up since i own equity to lol but its paper gains but now maytbe we will get another dividend or distribution we got 2.5 sps per share when it came out it paid 5x my cost of it s cnat complain on that but asset wise i made out then -plowed like 150k plus in
This time I plan to sell before its too late and buy back after prices crash. This bull market seems to very different from the previous ones. Even the global economy is in chaos and might even be heading for a recession. We have never had seen how cryptosphere works in a recession environment.