Pulled the stake out of the GLX vampire today...

borsengelaber 2 years ago

Keeping all the GLX and hoping of another gaming success like Splinterlands. Might take a year or two but I am confident the Splinterlands Team will make it happen again.

methodofmad 2 years ago

I plan to buyback in. I think the low point will be less than $0.01. The development to the point of being an active game is probably a year away, like you mentioned, so I think there will be time to get back in. I need the revenue from the GLX to keep growing the SPS. I think GLS will have a wider appeal to players than Splinterlands.

aurikan 2 years ago

!PIZZA😎

urri2020 2 years ago

I have 2 coins now, HIVE(95%) and SPS(5%). I am thinking of 2x-3x the SPS stack in this bear market. !PIZZA

methodofmad 2 years ago

I am pretty much the same. I have a little Leo and SPT, but I think SPS will be the long-term best investment. As I rent cards, I am converting the DEC to SPS. Staking the SPS and selling the GLX and vouchers.

3 votes

zaibkang 2 years ago

I don't know about GLX I know about three tokens offerd by splinterlands which are Dec, SPS and spt

Is it GLX another token of Splinterlands?

Another thing is brother be careful while investing in SMT's hive based smart media tokens 🙏❤️🙏

methodofmad 2 years ago

GLX is from https://www.genesisleaguesports.com/ which is the new Soccer game by the developers of Splinterlands. When you stake SPS in Splinterlands, you receive GLX. Then you can either sell the GLX or stake the GLX for more GLX. I never heard of SMT. What are those?

zaibkang 2 years ago

Thanks brother I will check GLX, brother SMT smart media tokens is a gernal term used for all tokens created on hive blockchain like Leo, sps, pob and spt etc

As you know different communities and tribes on hive blockchain have there own tokens, all these tokens called SMT's smart media tokens ❤️

eijffelbridge 2 years ago

I am already getting enough SPS for the game, So i will keep stacking my GLX. I already had my investment back, So I will keep taking small profits to the point of $0.01. Then I will only stake. Right now I have around 2000 GLX. I restake around 60% and take 40% profit.

0.05 VYB

3 votes

methodofmad 2 years ago

I was staking 25% of the GLX, but I want to reach an SPS goal and I don't make enough in the game to get there. 2023 is my dividend year, so I am looking for ways that the Hive and Splinterlands investment can pay out. The end goal will be more HBD in savings at the 20% return, but I plan to only move the profits from Splinterlands and Hive into the savings account.

eijffelbridge 2 years ago

Exactly! I also am funding my hbd savings with the dividends, to build even more dividens in the savings account.

0.05 VYB

pizzabot 2 years ago

🍕 PIZZA !

I gifted $PIZZA slices here:
urri2020 tipped methodofmad (x1)
@aurikan_(1/5) tipped @methodofmad (x1)
thebighigg tipped methodofmad (x1)

_{Join us in Discord!}

0.00 VYB

thebighigg 2 years ago

It's probably true it will continue to drop, the more money you print the less it's worth.... The way I see it on this token is it didn't cost me anything and I honestly don't have all that much of it. So I'll just keep racking up the free tokens for now, and if it's worth something down the line so much the better. If it's worthless in the future it didn't cost me anything so great loss! I agree with you though, selling isn't a bad idea and buying back in later. If I had more GLX that's probably what I would do too! Have some pizza!
!PIZZA

0.06 VYB

3 votes

methodofmad 2 years ago

Thanks! I am focusing on SPS for 2023 and ROI. !Pizza to you as well.

methodofmad 2 years ago

!hbits

0.00 VYB

hivebits 2 years ago

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0.00 VYB

borsengelaber 2 years ago

That is exactly what I am doing. Speculation is that Genesis will be in a year or two another big hit for the Splinterlands Team and then you will be glad to have kept the GLX. 🤞🏻

0.00 VYB

thebighigg 2 years ago

It's always a roll of the dice to an extent!
!LOLZ

0.00 VYB

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0.00 VYB

poshtoken 2 years ago

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india-leo 2 years ago

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methodofmad 2 years ago

Thanks for the curation and I have upvoted your comment. I will add @indiaunited to the list that I follow.

0.00 VYB

djbravo 2 years ago

Yeah you are right gamified project almost down 90'/'. I am sharing with you my story. I have invest million dollars into axie infinity. Axie infinity reward token down almost 99'/'. I am also stake axs coin. In starts its apr is very good but now it also decline but something is better than nothing. Hopefully GLX and gamified tokens recover his position in next bull market.

methodofmad 2 years ago

GLX isn't going to recover anytime soon. It's inflation driven like SPS. It will hit a flat-line and then a small bump up, but it has a long way to go down. I think all play2earn games are a snowball. If you can get ahead of the inflation and outrun it, you might come out a winner, but most people are going to be rolled up in the snowball.

0.00 VYB

djbravo 2 years ago

Yeah it's reality gamified projects never going up. But its my wish slp will recover because i have invest my life saving.

mercurial9 2 years ago

I am selling and staking daily round 60 / 40 split. Not sure what to make of GLS in the long-term as I didn't buy any packs.

methodofmad 2 years ago

I was doing something similar, but I think I would have been better off to sell it all as the SPS stake created the GLX. I think GLS could have more broad market appeal than Splinterlands. The customer base is broader and the sport is recognized worldwide. Unfortunately, I don't think the development team is able to deliver it to market anytime soon. I almost bought GLS packs, but instead I added a second Splinterlands license. It's all a gamble at this point.

0.00 VYB