At the moment, I will do anything to get my hands on those cheap SPS tokens on Hive Engine. Unfortunately, I do not like my current SPS position, and two years ago, I squandered funds that could have easily been used to invest in SPS and other splinterlands assets.
One of those terrible choices was Psyberx, and some of those Psyberx NFTs are worth 0.00$ in the market despite the fact that they cost about $100 to purchase: no use case, no resale value, no opportunity to earn with them, and no development from the game in over three years, despite raising hundreds of thousands of dollars from initial funding.
However, this is a post about SPS, and I am mostly expressing my regrets for passing up the opportunity to own more SPS.
11k Staked SPS
However, despite all of the gloom and doom, I have finally reached 11k staked SPS. I believe it was only about three weeks or so before I reached $10,000, and I know I am moving at a snail's pace, but I do not have that much money lying around to get a couple of thousand. However, on my way to 11k, I purchased a few items and earned others through ranked battles and Guild Play. Also, do not forget the APR from my previously staked SPS.
SPS remains inexpensive, despite occasional pumps. Some of my buys have occurred when the price has dropped; sometimes I do not care and proceed with the purchase anyway. I understand that I require a significant amount of SPS to increase my earnings from ranked battles; however, my earnings from ranked battles have decreased; I used to average about 0.8 SPS per win, but this has now dropped to about 0.75 SPS per win and approximately 200 Glints per win.
I would not advise anyone to miss out on SPS, so underestimate the market at your peril. Although many people may simply regret not picking them right now.
Selling Tokens That Earns You
I don't think anyone should be selling any token that gives them the opportunity to potentially earn any form of APR. Careful and intentional accumulation generates more passive income, increasing the depth of your liquidity. Believe me, you will need a lot of liquidity to make any significant amounts, which is why you should focus on tokens that earn you the most.
SPS is Undervalued
......It not just give you APR; the prospect is unimaginable, and my amiable colleague on the chain @dwanye16 was one of those visionary people who took the opportunity to buy SPS some time ago, and while it does not appear to be a profitable buy right now, it has improved his ability to earn more Glint, more SPS for ranked battles, and more APR on staking.
Fortune favors the bold, and SPS is currently an extremely promising in-chain token. If you have the opportunity to purchase a luxury item that you do not require, I recommend saving the money and investing it now. Don't be decieved by the uncertainty of the market, don't aim for small profits, because it means you'll need a lot of bull market to get anything tangible. Aim for massive profits, even if it means letting go of luxury items that only enhance you and add no value.
Don't Pay Attention To The Uncertainty
I am not sure what tomorrow holds, but I will keep extracting value from whatever sources I can to increase my SPS stake. Although it is currently impossible to predict exactly which token will perform best, having tokens like SPS and LEO, as well as BRO, is generally beneficial. So you could call this a pro-SPS post, but I mostly believe that owning it (SPS) allows you to accumulate more in the future, especially if you are staked and actively playing the game.
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