Bear Market For Many, Buy Market For Some

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This morning I spotted CL packs at $2 and bought it aggressively, I just realized that CL packs have actually held their values stronger compared to the rest of the market.

Majority of CL packs I bought were at $3.00 from the open market and that was months ago, most tokens have fallen in price way more than that margin in these few weeks.

$2 CL pack is a sweet discount price in my opinion as CL packs are still being sold for 4$ on the internal market. With this, I’m on my way to my next 100 CL packs.

The good thing is that adding these CL packs increases my SPS airdrop rate which is about to come to an end. There’s also opportunity in DEC as it is currently below its peg and will be inevitably back to it.

I’m waiting to see how low it can go before I buy or not. Sweet thing is that while holding the DEC too you’re earning more SPS airdrop.

Do I think prices CL packs will come lower? Yeah, maybe, I guess....I mean....SPS airdrop is about to be over, safe to assume some people are only holding on CL packs to get the airdrop plus horrible general market conditions. So yeah...maybe.

Do I really care? No, Yes! The cheaper they get, the more I can afford and I plan on a lot so....

Most funny thing about this bear market is that these prices will help me reach my targets faster. I’m sooo flowing with it. Super ah!

How are you holding up? Thanks for reading.

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24 comments
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That's a wise man making moves, even in the midst of fear and panic. You are spotting opportunities and taking adavantage of it.

Am hanging in there, just focused on accumulating more chests but today have been brutal, I actually stopped, I think going forward I will skip playing Splinterlands on the last they, opponents are up to something else, you put up a lineup and the next thing you are wiped out like you only started playing Splinterlands yesterday. I took a break for a nap and am definitely not returning to it today, I don't want headache.

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Am hanging in there,

I’m glad to see that bro.

Lol bro I haven’t played yet. Ill have to start with this new season. I like the feeling of it being like I’m starting from scratch even though I’m not really starting from scratch.

Omo accumulating chests was my saving grace 2years ago because I didn’t even have quarter of what I do now. So I played like hell and kept collecting chests. Turned out great. Splinterlands has really been my best performing venture. It really turned a lot of my time into money. Crazy stuff.

So if you have that time and energy, mhn don’t dull.

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The time I have put into Splinterlands have been rewarding bro, it really have I can't deny that. You know when I started out and asking you for tips and all that, I now have 151k CP which is really cool for buying $10 starter pack.

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You my brother have hacked the key success on Splinterlands already.

It’ll be nice for us to grind up to championship level and be kicking ass there. Can’t wait 😝

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Lol bro, that is the goal bro, Championship we are coming lol. We take it one league at a time.

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The Splinterlands market is still a litttle opaque to me yet. But I understand the 4 dollar packs clearly, and see the wisdom in buying packs for the reward card drop credit and selling them for Hive profit. I probably should spend more time in that effort, especially if discount packs are popping up periodically.
Thanks

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2 years ago me would have been worried about these prices, in my heart of hearts yeah, this bear came late, it’s been propped up with big institutional buys for far too long, LUNA, was the major catalyst, put enough fear in the market to kickstart the crash and the crash we are seeing.

Fear makes people do irrational things. Greed also makes people do irrational things. The market is dominated by fear now, it will eventually be dominated by greed again and we will start shouting bull run. Funny market.

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PS. Have you noticed the new liquidity pool on PolyCub: SPS-PolyCUb with a 108% APR?
Its pretty enticing, so I moved some funds from Binance Smart Chain SPS-BNB pool to there. But I think my SPS on Binance counted for my air drop, but I am not so sure about my SPS on Polygon as pSPS. I know from @khaleelkazi post that SPS has a ntive token on Polygon, so perhaps that token is counted in the airdrop, but @khaleelkazi chose to use a special token so he could operate the bridge I think...(Hive SPS to Polygon Bridge)

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Compared to 44% in game, that’s super cool....It’s never just occurred to me to unstake them as most are staked and aren’t exactly so much to make much difference,
I’m not sure about those details of sps on polygon.

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I'm trying to grow my DEC, I should have bought my packs from the secondary market but buying it in-game makes me eligible for airdrop, I'm just rigorously gathering Dec and staking my SPS, selling the tiny voucher I get for hive, then DEC then repeat. It's time to rigorously accumulate

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Mr Joeeeeeeeee too much sense no go kee you!chai. 👏nice!

I was thinking of piling up vouchers too but I think I could follow this pattern too

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Hahaha For people who do not have a lot of money, I think one needs a good strategy bro. Hopefully you give it a trial.

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Yes, there will be a lot of everything on the market that gave an air drop, this can greatly lower prices.

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Well, if that’s the case, we’ll be ready to pick them cheap

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