Well was I thinking about bailing out on Splinterlands due to the fact that my card collections did rise to an unimaginable value! But after looking and some things, I decided to stay and take the risk to loose it all. Loosing it all, it is big sentence because I do have recovered all my investments already. And I am cashing out around $20 on a daily basis!
Currently I am playing with 2 accounts. My main account which has lots of cards and my secondary account where I did start with only a spell book. I did start playing again with the secondary account to see if it was still possible to make a profit when stepping in now!
Before I will tell about my investment, let's have a look at the status of my secondary account!
Simplylars!
So far I did earn 900 DEC with playing the game. 900 DEC has a current value of $5.67. So by just playing I did already recover 50% of my initial investment.
But I also did earn some cards already!
So that does add another $2.22 to the pocket.
But there is more. Buy playing, having cards and DEC I do also earn some SPS tokens. This is the governance token of Splinterlands.
What about that! Just for playing! I could sell them and get $9.83 back. But I decided to stake them, which does earn me some interest over the staked tokens!
So within 3 weeks of playing I not only managed to recover my investment, but I am already in the green. A profit of $7, that is a ROI of 70%. And will only increase!
The problem is that I do get only 1 box per daily quest! With 33% chance on DEC, 33% on a card and 33% on some potion and a 1% on whopping 2K DEC.
Investment!
So this is where my investment does come in. You can buy potion quests. For each potion quest you do get 5 extra cards for completing the daily quest. So for my alt account, it does increase from 1 to 6 cards. Increasing my chances on a legendary card!
No while I am not stupid I am not a smart ass. So I decided to follow the lead of one of my mates (Costanza) who did write an excellent post about it! His post can be found on Publish0x: https://www.publish0x.com/costanza/splinterlands-reasons-im-buying-quest-potion-plus-400-percen-xqmennp?a=46dB46Ja79
If his calculations are correct, than you can expect a ROI of 300% on purchasing the potion quest! Changes are slim if you only buy 1 potion quest, so I decided to buy 100 potions quests for each account! This did result into an investment of roughly $143. So I do expect a profit of around $300. Not bad for an investment and an investment where there is a big chance that the cards you do have will rise in value. Not only that with the increase value of cards you do have, you will also get more SPS airdropped on a daily basis for the next 349 days!
The next 114 days!
So for the next 114 days, I can open 10 extra boxes. At total of 1140 boxes for free!
I do have a daily investment of $1.25. There will be days that I will earn less, but I do expect that there will also be days that I will knock the ball out of the park!
The first extra boxes are already opened. I did earn $0.32 in DEC and $0.46 in cards. So the start was below par with a daily extra earning of $0.78. But it is a start and a investment which does compound on a daily basis!
For my alt account the math is pretty simple, because I normally would get only 1 box per day, for my alt account this does differ because I do get there 10 boxes per day! So, make a fair calculation, I will only use the 5 last boxes to calculate my ROI!
These were my boxes from today's quest with my main account!
To bad the Epic Tortillo the Frozen wasn't within the last 5 boxes! Otherwise we would have started this quest with an great start!
If you do wonder how much value my total card collection is, well that is a whopping $23K. Indeed pay attention to the K :). Now you can relate why I was thinking about cashing out!
As you can see it is still not to late to join the party. If you do like to join, feel free to use my ref link and drop me a note, maybe I can delegate some cards to you for free!
https://splinterlands.com?ref=fullcoverbetting
Cheers,
Peter
