Why when WAX spikes its time to buy NFTs, & a few unboxings

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While usually if not profiting by another means crypto day traders tend to trade to stable coin as the price rises. I trade over to NFTs as the market price rises so with this WAX spike ill buy splinterlands packs & anything that Pack drops that have sold in decent volume previously.

This is because the market price can be set to track a set stable value automatically, Individuals that have their NFTs set to USD value when posting receive the amount of WAX equivalent to the specified USD value.

So as the market price for WAX rises the NFTs cost less WAX to purchase. This effects pack sales directly from the company as well it will charge 9.99 USD worth of WAX at the time of sale.

When dealing with a market this volatile it can be a fools emend to invest the whole time as you stand the chance of loosing more so I buy in at a high then as the WAX price decreases I sell my NFTs for more WAX then I purchased them for.

This is if the market price stays consistent more or less on that colection Splinterlands packs seem to be the universal constant.

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I have made around $3,000 profit doing just this so far also opening NFT packs that have decent resale. Even buying small assets when they are to cheap due to market flux splinterlands cards and ultra horrors lately.

Opening packs doesn't always have secondary rewards but occasionally collections airdrop me for opening packs buying at launch that sort of thing.

I tend to mess more with the cheaper collections and they seem the less risky and also the collections more likely to pay off. these more affordable collections with unfinished projects may not go anywhere but they do send free NFT merch.

Most established collections dont drop freebies but smaller ones do forms of advertising or even free ones made rare & used to introduce scarcity.

This leads me into the two collections giving me freebies lately Ultra Rare (Ultra Horrors) & World of Botanica.
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This pack above was airdropped to me last night & is a special pack not for sale, was I guaranteed this no but it was a minimal risk to mess with this colection use the blend use case & try & sell some of the NFTs I made.

Not ever large project is inherently going to ignore their customer base Ultra horrors actually gives me a lot of free NFTs as does yoshi drops. While nothing can be guaranteed when purchasing and opening packs many NFT companies have ways of repaying their user base.

So buying any NFT packs when the WAX markets high is much better then doing so when the WAX price is lower.

What I'm currently buying?

Splinterlands packs like always, mission to mars 2nd gen packs launches today, KOGs gen3 assets & when the price is right KOGs packs. Ultra Horrors NFTs are currently short selling so I have been buying quite a few of these.

Name of the game is build inventory quickly while WAX prices are high, to sell as the market value of WAX lowers.

So I have a few collections I have watched researched and feel have the greatest likelihood of increasing in value or remaining the same. Utility maters a great deal when talking NFTs as does overall size of the user base.

See most Hive NFTs are great for Utility meaning they serve a purpose usually linked to profit is some capacity. Like the WEED farm in Dcity in essence farming WEED for the owner. Though these NFTs all have great value for their Utility its limited by the scope of their market.

Now look at splinterlands which more or less has its own stable market value outside the blockchains its based on a constant price point if you will. This is a combination of availability & utility usually a deciding factor with NFT collections.

Knowing this you look for NFT projects either being restricted in volume like ultra rare. Or you look for those projects that are based on 2 or more separate blockchain NFT markets.

KOGs is starting their BSC reward system for gen 3 staking soon their BSC alt called RFOX can be used to purchase packs of KOGs. Soon it will be integrated into the mobile game market as well these are all fantastic signs for NFT investors.

Mission to mars is an odd one but they appear to have quite the sale price on their NFTs, this and their land plot system being incorporated into the new packs means I'm risking the money on their small packs.

Though yes they released in high volume their burn use case functions instantly meaning the market will be saturated in the short term and increasingly rare as time goes on. Last launch I profited simply on utilizing the burn use case on cheap NFTs sold when the market was saturated.
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See these below are your mission two pack odds on the cheapest pack for producing the cheapest (Base) NFT is 80%. Basically if you had every cheap pack opened you would get 240,000 (Base) NFTs. Those looking to open packs to get the Ownership card 0.12% sell these base cards off as quick as possible as cheap as necessary.
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Those are just the numbers when accounting only for one pack type the market get more base cards then it can handle driving the price down temporarily as they are burned their price slowly increases. Same is true for the rarity above this and so on so burning then keeping the next rarity has the quickest profit margin.
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Stopping in the silver to gold range as its the easiest to increase in price.

Ultra Horror

Let me explain why this colection is so profitable though sometimes its staking to Rplanet Ultra Horror is usually sought after for colection completion rewards.
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Above is their last collections reward for colection completion for their ultra rare and legendary sets. No sales yet but only 6 exist it may take a min but they will sell.

So why is this colection so rare, the method for distribution either severally limited pack minting's. Or in the most recent collections case (Horrors 2) only went on sale for 13 min after which you could only buy packs second hand.

This creates a scarcity & demand most collections dont have right away but still the market became oversaturated. This is a good opportunity to purchase the individual NFTs while the market fights for packs.
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There are colection completion rewards for every rarity, so stocking up on the middle rarity NFTs is the lowest risk for highest potential return.

World of botanica special unboxing

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While not the most valuable only 50 of these exist as of posting, you can only find 2 for sale
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I just want everyone to know opening this is like killing a unicorn no one wants, so its a loss but to whom. All jokes aside this is certainly unique first 50 packs ever & I'm opening one.
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results
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first glance looks the same
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But these are new no sales and currently at a shockingly higher price
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So these are better then you would first suspect even at 20 WAX a piece ill make $14. Well that's awesome, so I noticed they had launched a new pack as well so ill do an unboxing of one of these as well.
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Results
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They look cool hopefully the market feels the same my guess before checking is no.
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You see I knew going into this I would loose money but I purchase a pack for two reasons one to show you my readers their lack of value. The second reason being even If their NFTs from the airdrop didn't sell for that much its an attempt on the companies part to reward patronage & if I'm able to repay the gesture through purchasing a product why not.

All the better that I'm still profiting despite the purchase all be it not that much money.

Wow Something real special here folks talk about rare I just realized I got a 1st edition.
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You see this is something that I have never had happen from a verified colection, a 1st edition sells for the most of any one number in an NFT type.

This is something that makes zero sense but its common practice to up value a 1st edition.
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I'm setting the price at 400 WAX, if it sells the company giving me the NFTs gets a cut win win.
https://twob.world/

Mission to mars 2

Now this NFT drop started at 1 PM in Michigan and may still be active link below
https://wax.atomichub.io/drops/colonizemars
I got two of the cheaper packs ill open one for an unboxing and Hodl the other & wait while watching the prices to determine my next move.
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See these odds and prices dont quite line up for my projections of best return on investment outside the $9 pack. Though the odds are greater that you will receive the ownership NFT worth $10.000 or more its not enough to equal that price increase on the same number of NFTs. If the odds your trying to increase are anything but that very limited ownership NFT dont bother.
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The burn use case starts tomorrow so all the NFTs other then the ownership NFTs can be made via burning the base NFTs.

Since the market has to wait a whole day odds are we see a short sell of all the more common NFT packs in the immediate future making it cheaper to purchase the $10 pack then launch. Due to the fact packs are not able to be opened yet making those with packs wait a day to open them. Combined with the spike in WAX price. We may see the packs sell for under their original market price of 63.20224719 WAX or $9 USD.
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However this is why I erg those whom can attend drops do so because look I bought this pack 15 min ago for 64 WAX let round it just makes it simpler.
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selling just under that price 110 WAX minus trade commission (GAS)
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You still make $4 on each pack its been less then 30 min quick simple profit you can watch how quickly individual pack sales where taking place it would go up in value directly after launch.

Packs from this colection likely wont crash but never say never, just being able to purchase during this sale made me $9. I will probably hodl my packs until I can get around 200 WAX or as close to 200 WAX as possible.

Lately I have been taking the wait and see approach for Pack sales but the more sought after waiting isn't an option. Like KOGs booster packs are selling for just over 100 WAX they launched at 135 WAX though WAX prices are high they dont always stay high. So while they the seller wants WAX as its spiking they drive the total amount of crypto in the purchase originally down.

However given before the market dip a week ago the shelf price for WAX was around $0.13 USD technically now we are in a high. It may hit $0.20 USD but until Five Nights at Freddie's WAX NFTs launch this market has a more or less measured max price.

I dont see WAX touching $0.30 USD until something major happens with WAX like the MLB craze that caused one of the previous spikes.

Splinterlands Packs

Dice packs can be a little less profitable right now the market is flooded with the legendries from Dice packs. So unless your looking for the long haul in NFT investing the dreaded month or more. The Untamed packs are good to pick up when the market price is favorable. I pick them up at $3.00 or less as its not the worst inventory to stock up on.
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See the market has decreased the overall volume of these assets splinterlands cards can be blended or burned this increases the cards value power and stats when blending. Burning grants small amounts of DEC since the Power of an account is tied to overall DEC value of the colection owned. This gives a near constant incentive to burn or blend where as the overall supply is dwindling.

Take into account the pack ownership contributes to SPS distribution and the cards are becoming increasingly scarce. So when given the option to buy Untamed packs for $3 or less its always something I will purchase.
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When you have access to both HIVE & WAX markets you hold more power then you might realize.
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Exchanging on both Hive Engine and WAX Atomic hub you at the very least look for a large enough gap between the two market prices to facilitate transfer & yield a net profit.

Between the two this can be done in the short term or as quick as you can sell the asset. Now that SWAP.WAX is on hive engine it adds another layer to the system instead of bridging via game packs directly.

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Making this much easier to do now that the Hive engine assets include SWAP.WAX.

You have Rising star accepting WAX and SWAP.WAX now NFTmart has SWAP.WAX listed for hashkings NFT assets prices.

The advantages afforded to a Hive user with a decent amount of WAXP is constantly expanding. Splinterlands is where it began but now its becoming so widely used tat these market flux situations like we are in currently have nearly endless potential.

Rising star progress

I know its a bit sudden but I had to mention this before I forgot Rising star is turning into quite the high earning Blockchain Game for me. I'm level 52 in zone 2 on the acoustic tent mission now that I dont need to keep increasing fans Via NFTs as I play for my account to get to level 55.

I found that clicking 2 times or 3 times a day for 7-10 days I make about 11,000 Starbits worth around $1.15 USD.

Now this isn't bad but keep in mind this is totally free on my end slow at first but getting much more profitable as I advance.

My end goal is to keep going advancing through the stages to see how much can be made for free.
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To advance to the next area on the game map I just need to complete band auditions, I also require a vehicle but I think I'm set there.
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All this without putting anything into the game but time, you always start off without much earning potential, as you advance your accounts value in blockchain games you progress in the level of return received on every action.

Its not the most fun thing to do but advance far enough you barely have to mess with the game and make a decent return. If your new to rising star please consider using my referral bellow

https://www.risingstargame.com?referrer=chubb149

What I'm smoking

Before joining weedcash many of my commenters would ask what the hell I was smoking. Now I wear that shit on my sleeve here's what I am smoking today.
Snowball- Harvested on 3/23/2021 Testing at a THC level of 20.08%, an Indica dominant hybrid with a real mild earthy flavor profile.

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Its a really powerful forget what the hell your writing about kind of buzz.

Free NFT 1 time airdrop URL

I try to include a single claim airdrop URL for WAX wallet users containing free NFTs, It may only be claimed by the first lucky person to click the link. After claimed once the URL will no longer be active. The lucky reader should receive 6 NFTs if you received less then 6 check your whitelist settings.
https://wax.atomichub.io/trading/link/176427?key=5JCEiHqW4Qw4za99zXuZZdqTuzZBGVXQTmLFzSJ3Au2FPiN3xNk
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Once claimed please let the other readers know in the comments it helps.

Perhaps your interested in purchasing any of my NFTs from my ever expanding collection you may do so here.

My stock constantly rotates so it changes daily
https://wax.atomichub.io/explorer/account/akyqy.wam

Prospectors topping the NFT sale value for 3 days now also a free to play game check it out at the link below. BTW they have roulette so the Martingale system works here however no site reward and its not a large project so doing this could be detrimental.
https://prospectors.io?waxref=akyqy.wam

more free WAX games, rewarding free NFTs/Crypto
https://alienworlds.io/
https://rplanet.io/
Up to 4 NFTs on Womplay each of which adds to my accounts EOS bonusses daily. Nice little system of improving payout through involving their NFT collections which increases their Utility value. Making it a investment not a frivolous expenditure this helps market demand increasing price.
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This makes 4 total NFTs thus far & 0.3 EOS for free increasing in payout due to the ownership perks of the NFTs
https://womplay.io/?ref=EDHNQLM

VOID

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Last bit of breaking news is Hodl God is a 3d MMORPG blockchain game with live matches in a rumble pit style fight. They just released the VOID white paper outlined on medium as the Hodl God game markets crypto. They are getting integrated through the Onessus ecosystem which quote

"As the Onessus ecosystem grows, VOID tokens will enjoy utility across all of our products and are very much at the heart of Onessus’ growing product suite. These include:

VOID Market: Sellers and escrow agents who stake VOID as credit will appear higher in the marketplace search engine. The more VOID tokens they hold, the higher they will rank. VOID acts as a measurement of credit and reputation.

Onessus NFT Staking: Our exciting, forthcoming, soon-to-be-unveiled staking platform is an innovative blending of NFTs and DeFi. Any gamers who earn NFTs in-game on Onessus games will be able to stake their NFTs on our staking platform to lend out to other gamers, earn a yield, borrow, burn, upgrade, and trade. NFTs can be ‘powered up’ with VOID, making them more valuable.

Stream To Earn: Onessus game streamers who hold more VOID have an increased earnings capacity. Additionally, the same escrow agent system as in place in VOID Market is in place in Stream To Earn, and staking VOID tokens similarly acts as a credit and reputation weighting.

GEEC (Global Economic Esports Community): VOID tokens power competitive gamers’ earnings potential on GEEC. Players are paid in VOID for competing, and the more VOID players hold, the higher their earnings potential."

Just to be certain I read through their white paper it appears this is going to be based primarily on WAX blockchain with Smart contract integration to BSC.

This is huge news for investors in the WAX market Hodl god had a few kinks to work out with their asset integration to make it viable the VOID whitepaper outlines improving all of this .
https://onessus.medium.com/the-void-white-paper-is-upon-us-2ae5822981d2



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Claimed the drop. Congrats on the first edition. I'm just starting in RisingStar but hoping to just keep chugging away and eventually have something come out of it.

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