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Crypto crash: Buy the dip or wait it out? Finally I Just Bought The Dip...

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gungunkrishu
@gungunkrishu
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Hey All,

Crypto market has taken a beating and currently we see most of the coins are trading at their all time low levels. Did you buy the DIP? Or have something planned? Finally, I did take a step forward and bought the DIP. But which coin is it? Directly to the point its none other and my favorite token Splintershards ($SPS)

During the initial days of $GLX token trading, I had been swapping it for $HIVE. And was waiting for the right opportunity to swap it for $SPS. My Strategy for $GLX - Sell Or Stake? was simply sell high and stake at lower levels. The 300+ $HIVE swap got me 3k+ $SPS and all of it was staked. I bought $SPS at $0.037+ levels and right now if you swap the same amount of $HIVE for $SPS you will be getting close to 200+ less $SPS... so overall I am happy with trade and came a bit closer to my GOAL for $SPS. Where I want to reach to a point of having 200K+ $SPS staked.

Current Staked $SPS Position...

Here is my current position after staking 3K+ $SPS. Touching 185K+ mark pretty soon and then I am just left with another 15K+ $SPS to be acquired before end of this year 2022 to call out GOAL for $SPS accomplished. I am pretty confident that I should get there safely. Considering all the revenue streams I have in place for earning $SPS daily.

Its not just the staking $SPS is helping but other streams like my rental income, Splinterland assets like TowerDefense, Land, License Node are contributing as well on a daily basis. I am getting close to 170+ $SPS daily via the LAND, License Node and TowerDefense packs. I also have some LP rewards that I get in the form of $SPS close to 100+ daily. So this is another added advantage that should help me achieve my GOAL for staking $SPS.

When I did my rough math of how much $SPS, I should be able to accumulate by the end of the year 2022. Then it was showing that I will short of 3K+ $SPS. Hence this swap of $HIVE for $SPS coming in the right time is definitely going to play an important role. Getting/Buying $SPS at these level i.e. below $0.04 cents is a stealer price... I could just not resist and was tempted to swap all my HIVE that was sitting ideal on hive-engine. Plus the beauty is that this all $HIVE came to me via the Airdrop of $GLX token. The more $SPS you have staked the more $GLX you receive on a daily basis. So in a nut shell, I just leverage my $GLX Airdrop tokens to get this 3K+ $SPS and staked it to my advantage on one side and on the other hand didn't wait for an another Crypto crash and Bought the DIP.. FINALLY... :-) cheers...

Crypto crash: Buy the dip or wait it out?

#sps #rewards #splinterlands #sps #stake #dip

Image Credits:: splinterlands, beeswap, paybis.com

Best Regards

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