Splinterlands: My 300K SPS goal is complete so what next?
I have created a goal to accumulate 300K SPS and today when I analyzed my SPS holding in all accounts and liquidity pool, I found out that I am almost there. Currently, my Staked SPS balance is around 296K, and rest of 4K is in DEC:SPS pool. Much of this goal is actually accelerated by delegating SPS which helped me to earn DEC. Then I converted those DEC back to SPS and staked the SPS. Also I keep purchasing SPS in bits and chunks in past for my race to 300K SPS.
Most common thing that I have seen is that when people reach their goals, they raise the bar of the goal and I guess raising the bar is the most common practice but I am today thinking a little differently and thinking to diversify myself.
Actually, SPS staking keeps giving me more SPS and VOUCHERS and if I stake all SPS then I keep growing my stake beyond 300K SPS. Also, I get SPS rewards from my holding on the liquidity pool, Node License rewards,Night Watcher packs, land plots etc. So I have a mix of "Staked" rewards and "liquid" rewards for my SPS holdings.
So plan is not to unstake SPS and let staked rewards keep increasing my holding but let use liquid rewards to diversify my position,
Diversifying to GLX
The current price of SPS is too cheap in my view and I guess I will not be able to sell my SPS at these prices. In the same analogy, I feel GLX is also cheaper and if I trade SPS for GLX then I have a balanced position in 2 games and will not have a feeling of selling my SPS cheap as I am now swapping it for another potential token. So it next few days you might see me building my GLX position bit by bit and racing towards my GLX target.
Wait for Voucher pump.
I have kept all my Vouchers in the diesel pools and sometimes I feel this might be a risky proposition considering the price of Vouchers is a little below 3 cents. SL Team in the current year accepted Vouchers at a price of 200 DEC and at the current market price of 200 DEC costs around 15 cents. This makes the Voucher much undervalued and any Voucher burn for DEC-B(as done previously) or promo card inception can make it pump multi x.
I am not sure but I am thinking of removing my VOUCHERS from the pool, may be not now but definitely before end of October as I expect some Black Friday and Christmas deals that can rapidly reduce my Voucher holdings in pool if VOUCHER pumps.
So, What do you think of my strategy?
My other post in Splinterlands.
Splinterverse (Splinterlands Metaverse) : A comprehensive ecosystem for everyone to earn.
Staked 200K SPS and my future Splinterland's plan.
Splinterland's : Can I Survive on my Splinterland's earnings.
Splinterland's : Explosive growth is yet to come.
Splinterland's : Earned assets worth more than 1 BTC.
Splinterlands : Land release might change the way of playing Splinterlands .
Splinterlands : When luck strike twice in gap of few days.
Splinterlands : Ways to earn DEC
Splinterlands : Do not ignore Guilds
Buying Splinterland Tower Defense pack now looked good decision
Splinterlands : My passive income generator
Splinterland's : My road to 300K staked SPS
Splinterland's : It rained Gold Foil
Splinterland's : SPS rewards did kicked up Brawl participation
Splinterland's : Recap of my November Earning
Splinterland's: Pulled trigger to buy more SPS.
Note for my affiliates
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I saw few of the player joined the game using my affiliate link and then stopped playing after few battles. If you have any difficulty in playing game, do not hesitate and join the game discord. It is really helping community and contact me here or on discord, I will definitely review your game for your better game experience.
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