SPS Staking and Current APR 37%
The Crypto market is down and it seems that it will stay like this for some time because there has been a big dump in the price and even BTC is moving around the range of 20k USD. It's obvious that when the Bitcoin price falls then we can see a similar pattern with alt coins as well and I consider this as a chance to buy more tokens. No market can continue to rise all the time and this is a normal phenomenon that which prices fluctuate so we need to be prepared for the same. Needless to say that now we are in a bear market and since we had a long bull market so probably this time we are going to have a long bear market as well.
SPS token is also affected by the market and the current price is less than 6 cents. Who can think that a token that has gone up to 1 USD is now available at a discount of 90-95% but it's crypto my friend and anything is possible here so we should have some plan for that or even kind of prepared for this situation if we have long term goal.
Sometimes We lose because of our long-term holding goals and why I am saying this, let me explain. If I had sold SPS at a range of 50 cents to 1$ then buy now so I could have much more than what I have now but I never thought that SPS can go at this much of low price. I surely missed this but I did not want to miss the momentum of holding and even the staking so it's okay if I missed but I am quite confident that I would be able to have a good stake that will bring more benefits in the long run.
My current SPS holding is almost 14k tokens and the ongoing airdrop is left for about 32 days. It's really sad that this airdrop will end in a month but within this period I try to bag more tokens because I expect that price will grow after the airdrop since it will reduce the selling pressure.
Although I have no plan to sell my SPS and book profit because I know that this will bring many benefits and for that I am keeping the stake but I also don't want to buy at a higher price and this is why I will prefer to buy more SPS. I am short of funds so I am planning to use my HBD saving for this reason and later I will add the HBD back to my saving since I think it's a good time to buy more SPS and take the advantage of the situation. I have already started the withdrawal and once I get this back in liquid then I will proceed to buy. It will be even better if the SPS price falls further as this will help me have more tokens.
I am bullish on the SPS and I am not the only one because there are so many players and investors accumulating SPS as much as possible which is good for the project and also shows the excitement and enthusiasm in the community.
Thank you so much Stay Safe
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