Maximizing profit in splinterlands is not a day job for new beginners in splinterlands. Just like Rome is not built in a day, such is splinterlands. Splinterlands is a step to a step building. Though, if you invested thousands of dollars in one day, it is possible to start earning something. But, I came to realize that people like step-to-step building.
This is because they want to:
Know How reliable it is before investing most of their money and power
There are many online investments that have failed investors. A friend of mine invested more than $7,000 in a meme coin, and within a night, the coin dropped from over $100 to $2. I hope you can imagine if such a person put all his eggs in one basket. My friend was going gaga because of how much he lost overnight. He did not recover from it; that was how his investment went down to the drain.
Know Whether it is a Scam or not There are many fake investments online, and many investors have fallen victims of it. This is not limited to #play2earn game, it involves all investments online. My friends that invested thousands of dollars were tired and frustrated. He told me that, “there is nothing that will make him want to invest online in my life again". He doesn't want to hear anything about investment online because of what happened to him.
Take risk of what they can lost One thing I learned was that, one should invest what he can risk losing. This simply means that one should not invest what he/she cannot willing to lose. When I learned this, I don't invest what I cannot lose in some investments.
When it comes to sprinterlands game, I do tell people it is a game that worths investing your resources and power It is a game where when you invest $10,000, the profit comes very fast; when you invest slowly, the profit takes time to reflect.
Maximizing your Profits in splinterlands
Maximizing profits in splinterlands can be many ways such as:
Staking
The big deal is to stake SPS! That is one way one can warm more SPS in the game. By staking SPS, your staking reward is guaranteed. The more SPS you stake, the more SPS staking reward. People with a high number of staking get more SPS as a reward. That is the reason the majority of players staked their SPS.
Staking makes one earn more reward while playing splinterlands Staking a high volume of SPS is not only because they want to earn a staking reward; it also makes one earn more while you win a battle. For instance, if two players that are playing gold league with different staked SPS wins their battles, the player with the highest stake will earn more SPS and merits than the other. This is the reason every player wants to have more staked SPS so that they can earn more while winning battles.
[Click Here](https://splinterlands.com/battle/sl_1a338f8bd0b76ba95aa60218ef56f286?ref=chrisamuda) to watch the battle
Playing battles Another way to earn big in splinterlands is to engage in battles. But to earn big, make sure you stake SPS. Playing splinterlands is very easy, a player needs to learn the techniques and rules that guide a battle. There are many players that are earning thousands of SPS in a season.
Brawl participation Brawl is very sweet to play especially when you have the right monsters and summoners to play it. By playing brawl, a player can accumulate SPS and merits. Well! I consumed my merits immediately because I need more monsters in splinterlands. I believe I should have been in Diamond l by now; unfortunately, I did not. A player can only get more power if he/she buys more cards or packs. Buying more than 100 packs of conclave arcana would have increased my power. I am earning little SPS and merits from participating in brawl.
Buying and selling
Imagine you have untamed packs or alpha packs right now! There many investors that purchased and kept some of these packs for time like this. A pack of Alpha is $70 and untamed is $7.50; and if a player has any of these packs, he will make profit by selling it. There was a time I never knew I had an Alpha pack in my game, the day I knew, I sold the alpha pack above $25 and used it to buy Chaos Legion. Though, there are many Chaos legion packs in circulation that made it price to fall. I believe by next 4 years, when most of it is used, the price may go up. There were many players that bought packs, opened them, and I sold some of these cards.
Land plot and Land track, validator licence and many more ways to maximize profit in splinterlands.
Wise word “a journey of a thousand miles begins with a step”. A person that refused to take a step will remain in that position.
What are you waiting for friends! Whoever wants to earn passive income, you can get the details of this @play2earn game from @splinterlands blog or click My Referral Link to register. It is a game that provides passive income. It is a game that changed the lives of many people; and I am one of them. @Splinterlands have saved me from debt, borrowing money from banks and cooperatives. Register today, and you will thank me later. Do you want to win cards, SPS, subscribe to Splinterlands TV on discord where you can get access to the discord channel. I stand up for success, and success is not achieved by merely making mouth, No room for laziness, no room for idleness. Success comes to the people who are desperately and consciously searching for it. When it seems unsuccessful or you smell failure around you, never discourage yourself from being successful. “Discouragement and failure are the two surest stepping stones to success.” - Dale
The pictures in this post are taken from Splinterlands
Credits to Canva: cover photo created by canvas
Thank you for reading my post.
Watch out for the next battle challenge!!!