My Plan for SPS Accumulation and Delegation

There are a bunch of opportunities available in the Crypto market and it is needed for us to figure out the ones that we think are good for us. Not everything is great and not everything is bad but some amazing projects can bring significant profitability in the long term. Why I specifically say that for the long term because I believe with a long-term approach you can minimize your losses and you also need not be worried if things take a long to grow. I am someone who invests in projects with a long-term approach because I'm not at all good at trading hence I just stay away from this.

The reason why I have chosen SPS as one of the coins for long-term investment is because there are multiple reasons. Out of all the reasons, the project itself is solid and backed by great fundamentals in blockchain gaming. even the gaming project has proven its existence on the blockchain and we have seen how it was grown in 2021. I know that in the current market situation, the asset value is low but I believe it is just a matter of time and things will become much more valuable once again.

Opportunity with SPS

SPS is one of the tokens in the crypto market which I believe is an opportunity for us because it is still available at a low price. I am not sharing any financial advice but based on my experience I feel like this token is going to be a very much valuable component in the game. This has also started already because we can see that the price is going up after the recent announcement of the change. Now the token is a requirement for everyone who is playing the game if they are interested in better rewards else without a SPS they can earn only a basic reward. if you ask a question to the players whether they are interested in higher rewards or if the basic is enough for them and I am sure they will answer that they are interested in higher rewards. This answer itself is a good reason to grab more SPS and keep it in the game account. I also share the same region and far that I am trying to grow my SPS holding.

SPS Holding Strategy

My SPS holding strategy has already been decided that I will continue to hold whatever tokens I have and even alongside I am going to increase the holding as much as possible. Earlier I had a plan that I will hold approximately 50K sps in total but now after the recent change, this plan is also changed. I will be trying my best to have approximately 60K sps as early as possible. Once I achieved that milestone then also I will not stop myself and continue to follow the same strategy. This is my other long-term strategy in the game because this is how I will be trying to increase my SPS balance over time.

Needless to say that with the higher sps holding I will be able to get better rewards. the current season is ongoing and it will be ending in about 3 days. I will be calculating what reward I have received as compared to the last season because of the change and accordingly, I will plan my strategy in the game for the next season. I am quite hopeful that the rewards are going to be much better in the game after the change and because of this region, I will be focusing more on SPS accumulation. I wanted to invest some amount on the cards but it seems like sps is still a priority which I should not be leaving at the moment. I can buy cards later because the ones I have are good enough for me to play in the game and if I can accumulate a better holding for SPS first then I can think about cards later.

Delegation

Undoubtedly this delegation is a great option that we can use in the game and this is good for the players as well as the person who is holding sps power. As of now, I have not decided whether I will be going to rent some SPS power to improve my gaming reward and even I have no plan that I will be renting out my sps power. this thought is in my mind but I am going to watch the market closely and if I see a better option then probably I will think about delegating some amount if the reward is good and if not then maybe I can think about buying some power on rental. but for this, I will require some time to see how it has been working and whether it is going to be a better deal or not. Certainly, it is a good option for everyone in the game and the market is another addition that is empowering players as well as investors in SPS tokens.

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I always say that splinterlands is not just a game instead it's a great project where we have got the opportunity to play the game and invest at the same time. gaming is fun of course but we also get the opportunity to learn to invest in high-end technology through this gaming platform and we own some valuable digital assets in our portfolio.

(Splinterlands is a fantastic play-to-earn game and if you like to join then do it through my affiliate link shared below-)

https://splinterlands.com?ref=reeta0119

[Images are from the splinterlands game wherever not mentioned]

Thank you so much
Stay Safe

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