Added another 1K SPS to the Stake. More to Follow..

These days SPS price has been dropping and this is a good time to buy more. I am not doing any research on this coin as I have a completely different strategy with SPS. I hope that by the time most of you know that SPS is a governance token in the splinterlands platform and holding more will bring many benefits. I am also trying different ways to increase my stake and my ultimate goal is to have 100k SPS tokens in my game account. I also believe that the best time to buy it is now but because this is the market and we can not predict the next move so I am buying in parts.

Recent SPS Buy

I had placed a buy order for SPS on 2nd Dec at the less price and today this is filled. Its a good ending to the weekend as I have got another bunch of SPS tokens. I did stake the same and it will earn an APR of approx 25%. This is not bad and this will also contribute to the increase in GLX airdrop. Below is the buy history and I am glad that my order is filled. I had accumulated some HIVE by selling GLX at a higher price and the plan was to buy more SPS. In hive-engine, the current price is less than 0.10 hive and I expect that it may drop further and because of this reason and I did not buy all at one go. I am tracking the price closely and I will buy more when I see more drops. I hope that I can get more coins at a lower price and its always a great deal if I make it.

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SPS Holding

Below is the snapshot of my SPS in-game account currently its almost 78k (77789 to be precise) and I am much closer to marking it 80k. Once I reach there then I will be 80% done with my SPS goal. There are various ways to increase my holding and I am trying to achieve my goal. Splinterlands is such a great game on blockchain and I am trying to build me holding bigger during the bear market. This is a good time to execute the build plan and hopefully, this will help me to build a bigger portfolio.

Blockchain Gaming is the future

Things upgrade over the period of time and with blockchain we are moving towards a game era where we get the opportunity to play and earn. While entertainment is important but earning real money makes it a great segment for investors. It opens the door for people who are not gamer but wants to be part of blockchain gaming projects. Its not necessary to be a gamer to be part of the play to earn and with just the investment we can be part of it. During the bull run, I saw people making huge money here and I am sure that this will happen again and maybe even better in the next bull run.

I believe that investment is something that we need to do at the right time and now is the right time to execute the plan. I simply believe that once more people are selling then it is the right time to buy and vice versa. I see that there are more sell orders than buys which means it is time to buy and go against the trend. It can be risky but because I am investing for the long term so I expect there is a higher probability to bring profitability as I am not going to sell anything at a less price.

Thank you

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