Staking my SPS Tokens for the FUTURE
Splinterlands have given me some crazy Return on my Investments and we all know how the SPS Airdrop was a gamechanger and made a lot of money for many guys, including me. I have to say I did Sell a lot of SPS tokens to get some cash and then reinvest into different Avenues both in Crypto and Stock Market but right now I have a different Goal in mind. I am looking to gather around 15000 SPS tokens in my Splinterlands Wallet so that I can earn some decent Returns on that.
Currently Staking SPS tokens is giving around 35-45 percent in APR and as you can see I have around 11000 SPS tokens staked in my Wallet which is earning me around 10 SPS Tokens per day and at the current price of SPS it's not a huge amount but I am looking at the Future and I see SPS going way up in Value so accumulating and earning APR is something I am all in for. Just so you know SPS has had an All-Time High of around 1.25 USD and I am pretty optimistic that it could go all the way to 1 USD in the Future and that would be something to look forward to.
Currently, the SPS Airdrop will go on for another 23 Days and after that, I will switch my Strategy to Accumulation via HIVE where I will set aside a number of HIVE tokens each Week for Buying SPS Tokens until I reach at least 20000 SPS and after that, I will have to reconsider what to do with it. I just hope I am able to make some decent Returns from just the APR that is being offered in my SPS Wallet.
Regardless of everything I am quite Bullish on SPS as the team behind Splinterlands has always shown great progress and I belive a lot more is to come out of this Project.
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Unfortunately I bought SPS on almost its all-time high (over 1$), so I'm incredibly in the red on this one. I keep staking everything because, well, losing 90% and losing 100% is almost the same...
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HODL it man as you now have nothing to lose. The only way now is up and while it goes back up gain some APR as it will also help you out.
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Guau there are a Lot of Stake sps.
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I regret not doing it when it was around $0.90 USD. Currently it is worth $0.057 USD. I still stake all of my SPS. Nowadays I have around 674 SPS, and I am still staking all of it.
Probably a lot of people hope and/or expect this. We will see wether it will happen or not.
The opinions are mixed about the new reward system. Some people are happy about it, while others are not. I am with the latter group. The new reward system greatly favors the rich, who have a lot of stake in the game, while punishing the poor players. This is not good. Many of us hoped for a proper reward system, which is good for everyone.
I stopped playing Splinterlands one week ago (exactly seven days ago). I still have not sold my Splinterlands cards. Currently I am leasing out a part of my Splinterlands card collection.
If I see a good change in the game, then probably I will return to playing, but I am not willing to play many hours per day just to earn a few cents.