Hello and Namaste Everyone,
SPS is the governance point of the Splinterlands game. I have been trying to accumulate these coins for a long time, and I do the same now. Sometimes when I run out of liquid fonts, I stop buying, but most of the time this buying is on with small parts. I will be talking about my further strategy with this token and how I manage the stake that I have as of now. It has taken a long and my current balance is almost close to reaching the goal that I have been changing for a long. I remember that this token was released in 2021 when Bulldog was going on and its price was very high. I was new in the game and had a very limited understanding of how things work in such games.
For a moment I thought that I should book some profit but I did not do so because I believed that this token would grow even more. Unfortunately, that did not happen and the price for the token continues to drop and today we know where we see this now. It happened in the market and this was also a learning for me I hope I'll be dealing better with such a situation in the future. There is a lot of learning in the market and also with the splinter lands which I am trying to learn and if something happens again in the market then I hope my dealing will be much better than this.
This is the balance I have currently and I also got 159 tokens that I can power up. My balance is pretty much closed to make it 59,000 soon.
Without any further delay, let's go ahead and power up all the liquid tokens to the account. Then, the balance will be updated, and I will have no liquid tokens in the balance. I have a steak with the token, and below is the updated balance, where you can see no liquid token is visible on the snapshot.
Now I have 58640 SPS tokens in my account as a staked balance. Because my goal is 60K tokens I am a little bit excited that soon I am going to achieve this. It's always a great feeling when we are close to the goal that has taken a long time to be there and the same scenario has been with me for SPS accumulation. I'm not concerned about the token price in the market because I know sooner or later it will improve. May be the case that it will not touch $1 but I expect that from the current price, a journey of 10X is quite possible. It is Crypto and things happen when we don't expect anything to happen I say this because I have seen multiple scenarios and examples like this in this market.
I hope that in next month hopefully I will be able to make it 60K SPS or if that does not happen next month then by the end of this year for sure it will happen. I'm just trying to take a gap because if in case I do not do it early then by the end of the year anyway it is going to happen but if the market allows it can happen early too. You never know when there is an opportunity in the market and looks like SPS will be touching a cent price soon so before that happens I want to take this opportunity. I mean to say I'll be taking this opportunity to buy more and power up to reach my goal and that's what I am planning to do.
You can join the game using my affiliate link below, and I can also help you with the game if needed.
https://splinterlands.com?ref=reeta0119
[Images are taken from splinterlands wherever the image source is not mentioned]
Thank you so much
Stay Safe