Today I bought 135.05 Splintershards (SPS) for 3.90 SWAP.HIVE in two transactions.
I staked 135.84 Splintershards (SPS).
Currently I have 1409.66 Staked Splintershards (SPS).
Currently this is worth only $10.57 USD, because 1 Splintershards (SPS) is currently worth only $0.0075 USD.
Nowadays I very rarely play Splinterlands, and I invest in Splintershards (SPS) mostly for its interest rate, which is currently 11.07% APR, to have another source of passive income.
This is a high risk investment, because its price fell from around $0.90 USD to below $0.01 USD in the previous few years.
And this is why I invest only a very small amount of money in it.
I prefer to invest mainly in low risk investments for long term (for years, for decades).
For example in Hive Dollars (HBD) savings.
And I rather invest only very small amounts in high risk investments.
For example in Splintershards (SPS).
But probably this is still better than buying a lottery ticket.
I will certainly continue to stake Splintershards (SPS), as long as its interest rate will be above 9% APR to have another source of passive income.
Of course this is not an investment advice.
This is only my personal choice, approach and decision towards investing.
And everyone should do their own research, before they invest any amount of money in anything.
I wish successful investing to everyone.
