So another DEC milestone reached and this time I actually almost saw it tip over in real time.....
From this...
To this...
Just thanks to my card and SPS rentals ticking over, which is nice!
Happy with my DEC target for now...
So I estimate I'd need about 3.2 Million DEC to stake my current card collection to land, and given that I'll keep some of those rented out, 2.5M is pretty much what I'll need to stake all of my lower renting cards.
I'm still all about land BTW, but there are other options....
Options....
- Buy Rebelliion packs
- Pool DEC with SPS/ HIVE etc.
- Buy SPS
- Buy Riftwatchers cards
- Buy chaos gold cards for land, YET MORE of them!
- I could also swap DEC for SPS
- Just sell DEC for something else - skim!
- Just HOLD more DEC!
Of all of these 4, 5, and 8 are the options I'm going for mainly for.
Rational.... considering the potential price movements of SL assets...
DEC and SPS
Of all the assets within SL I think DEC is going to be the most stable.
I don't expect DEC to go up in value for many months, if not a year or more.
Sure land will soak up maybe a billion or two, and the DAO will take a lot, and it's useful to have, but I imagine it'll probably sit at $0.90 for the next year or so, if there's not a bull market - all of that DEC going to DAO is going to be sold don't forget!
I don't expect the SPS fly wheel to life the SPS price much, and I don't want more SPS - it's pointless. A handful of whales determine governance although SPS does have a reasonable return. It could easily go below $0.01 and stay there for months or years.
So holding DEC rather than pooling it I think is a good way to go.
I may sell some SPS for Hive and pool some DEC with Hive, maybe. I have a little in there and the SPS:DEC pool, but less than 10% of the 2.5M I'm just holding.
Cards, I do want some good cards!
I'm defo not going below 2.5M DEC but I am going to carry on stacking a mixture of the better Rift cards for renting and gold chaos cards for renting and land.
However I'm not going to buy too hard, card prices are down over the last weeks, DOWN A LOT! So until that levels off, I'm holding DEC and stacking it!
Eventually I'll start buying again.
I'm not going to buy any Rebellion packs, I have enough cards and I don't play.
I figure SL needs a bull market to moon and if that happens, well everything will moon, it's not going to be Rebellion specifically, and I'd rather buy when they cost 50% less in 8 months than doing it now!
But so far I'm happy with my 2.5 Mill, hell I might even hold off doing the card stacking until I've got 2.6 Mill!
I'm in no rush, slow and steady!
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