Staked 1K SPS tokens to reach 100k Milestone with 20% APR

We can have two situations in the market, and these are the price up and the price down. It is up to us how we interpret the situation and what plans we have to execute in different market scenarios. We need to understand that it is very important to choose the right project for the investment and if this part is done with thorough research, then later on whatever is invested will bring more value in return. The initial research is very important hence it is always recommended to go through all the aspects before you start investing because once we start then doing it again does not make any sense. There are so many projects available but the roadmap and how the project is doing is important to determine whether it's good for the investment or not.

SPS is my preferred investment at present.

Splinterlands is one of the gaming projects that is my favourite and I have been investing in various assets but these days my focus is more on the SPS. I am very close to accomplishing my 100k SPS goal and trying my best to achieve it as soon as possible. today again I added 1k tokens to the stake and now I am almost there to make it 100k. We have recently seen an update in the game that SPS is going to be a key component, and this is the reason why I believe it is very important to accumulate SPS as much as possible. I continue to accumulate SPS my way, but things are getting more exciting so it's a good time I believe to make the holding even bigger.

Current Holding

Here is the snapshot of my SPS holding and currently it's 99k in total. I am now less than 1k far from my goal and I will try to fill this gap as soon as possible. I have been trying for a long to achieve this milestone and I can't share how happy I am to be here where I can see that the destination is not too far and, in any case, I am going to make it happen this month. We are left with 10 days in May month, and I believe this is sufficient time for me to achieve the goal. The current value is not so high which I know very well but this is not my concern since I know that we are going to have a fantastic use case in the game so holding more SPS tokens means I can get more benefits in the game and that is what I want to achieve.

Future Strategy with SPS

I know that it is important to hold a bigger chunk of SPS in the game and even after achieving this milestone I'm not going to stop myself because, with the upcoming change, I need to plan accordingly.

Below is the table that I think many of you might have gone through and as per this I need to have 177k SPS to be in the Diamond 1 league. Once I make my holding to 100k then also I will need to have another 77k tokens to be there and this is the reason why I don't want to stop myself here at 100k. I will continue to grow my holding and I would plan to grow my SPS balance as much as possible before the SPS stake goes live in the game. I expect that post-implementation there will be a price spike in SPS hence now is the right time to grow it.

This will certainly take some time for me but now that I'm on it so this will continue to grow and hopefully in the next couple of months, I should be able to add a good number of tokens to my account. There are many assets in the game which I wanted to buy and even though I was planning for node validator licenses but seems now is the time to focus on SPS only at the moment. I sometimes feel that I should have enough funds to buy multiple assets in the game in one go but with limited funds, I am just trying to accumulate more with diversification. I have been accumulating only Spears in the game for the last few months and now with the recent announcement things are going to be the same for the next couple of months.

I am not sharing any sort of financial advice here and I plan that I am going to execute the game because I believe in the project. If you also believe in the same, then please go to the game and try to understand how it works. If you feel this is good for you then you can proceed with the investment and I'm sure you are going to enjoy the gaming experience along with that if you choose to become part of it. I don't want to miss the time when most of the stuff is available at low prices. It's always about taking a chance with investment because we don't know what the future will hold for us but I believe this is how the investment works.

(Images are taken from splinterlands wherever not mentioned)

Thank you

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