I just checked my Splinterlands deck value this morning and what I saw there was very pleasing. In the general scheme of things, it might not be much money but this is literally the most money I've ever had in my life.
As the dollar value of my deck continues to rise, I grow even more confident of my prospect of exiting this country. The last time I spoke with an immigration consultant for Canada, the person said I and my wife would need roughly $25k to move to Canada.
Out of the $25k, 18 will be used for proof of funds to sustain life while we settle into the country. Back then, I actually thought it was a pipe dream but watching how my Splinterlands deck has risen in value over the past couple of weeks, I suddenly feel very optimistic.
Wen sell?
Two days ago, I ran into @tarazkp's article where he talked about the potential of selling his crypto assets. It was a very relatable post for me because it's something that I've been considering for some time now.
The situation in Nigeria is kind of screwed up right now and to make matters worse, my end of the country is probably the most affected. I've been contemplating proactive steps that I could take to fix our problem and the summary is that we have to get out of here.
My Splinterlands deck is currently valued at approximately $20k, which brings me one step closer to my target. The question is do I liquidate and relocate?
NFT boom, airdrop, and passive income
Liquidating now is obviously a terrible decision because, well, this isn't been the peak of the market. Recently, people were buying invisible rocks for thousands of dollars on Opensea, so I think the NFT market is still very much ripe for plucking.
So, if my deck value continues rising at this rate, it could be about $50k in 6 weeks' time. This is a very lofty ambition but crazier things have happened in the crypto space, so I'm keeping my fingers crossed.
The only issue with selling is that my assets make me eligible for passive income opportunities. At the current rate, I'm making around $38 per day from holding assets. Selling off a chunk of my assets would affect my daily income that would have aided my stay in any country we relocate to.
Get rich and relocate in style
There's also this final option and this is the one I actually approve of. Imagine my assets and investments grow to around $100k.
Having that kind of money would greatly smoothen the process of relocating. Also, We'd be able to move comfortably and adjust without too many moving pains.
Well, I'd like to wait like 6 months into the market to see where things go. If things stay the same and the market continues to favour my assets, we could be set to exit this country within the next 12 months.
Please check out my Freelance gigs:
- I write insightful blog posts about, Finance, Fintech, blockchain, and cryptocurrency
- I write insightful football articles
Contact & Support
- Discord: belemo#9593
- Twitter: https://twitter.com/belemo__
- Telegram: uncleskipper
- Email: belemok@yahoo.com
- Hive.vote page
- ETH and BSC wallet: 0xC75E34E3ee9a343041B3322E1bD97b4940Ed721d
- Bitcoin Address: bc1q635vre2jj9zhde9cyvflyz4h9c0p57gg3s3yre
