Sps Stake Promotion Card - My strategy
It's great that finally we have a card that is only for the people who are holding SPS coins and game account and that too in deposited form. I believe that SPS is highly valuable coin in the game and it is also a governance token of the project. The current price is low which is less than 3 cents and undautedly this is the best buy price that one can easily go for. There have been multiple benefits provided by the game to people who are holding SPS in large quantities and I am sure that they will continue to do the same which makes a necessity to hold bigger bunch of sps.
This SPS promotional card has finally been revealed by the game after the proposal approval and it is only available for other people who are holding SPS. There is no need to rush on the sale because based on the eligibility we will have 7 days time to claim the cards. I have approximately 30000 SPS in my account and as per the announcement post I should be able to claim one card for each thousand SPS holding. It means I will be able to buy approx 30 cards in total and for the same I will have 7 days period. This is good this time as I need not to rush and even my entitlement is kind of reserved in the game.
I want to buy more cards but that will not be possible I believe because that has not been made available for other people which is okay. I have good amount of vouchers in my account so I will be spending out all the vouchers as per my eligibility. I do not want to miss out on this so whatever is the eligibility I can avail I will do it and that to within the time so that I need not to wait for the last moment. I hope that people who are holding huge amount of sps will claim more cards and they would be selling in the market so I will see if the prices are good in open market so that I can buy some and upgrade my card on the higher level. I'm sure that in the beginning prices would be on the higher sites so if required I take pause for some time and monitor the price to see some stability and then buy when I see better pricing.
I have been investing more on the SPS for quite some time because the current price is low and I do not want to miss on this. I stopped my other investments in the game because I want build Updater holding for SPS in this bear market when the prices are low. It is true that we are going to see a better price in the Bull run but in between they will be multiple opportunities where SPS holding will bring multiple profitable options. I don't know what price we can see in the Bull cycle but I easily expect that half dollar SPS will not be far away. Anyways my goal is for the long term and I am not expecting to sell out my holding soon so majority of the focus will remain to grow my holding so that I can rep many other benefits that comes a long with the holding of the coin.
SPS is a gem coin and I believe in this because I have seen the all time high price for the same coin which was trading at the range of $1 approximately. How can we ignore a coin which was almost $1 someday and now it is less than 3 cents so I easily expect that it will happen again however it will take some time which is fine because the current market situation is not bullish. No since I have got the opportunity to buyback and low price which I considered as a discounted deal and this is a reason why I do not want to miss out on this. I hope I can achieve a big milestone here like I can accumulate more than 50000 or even 100 k to coms in total this year so I am working on it.
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Thank you so much
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