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Chaos Legion thoughts, SPS airdrop and exercising patience

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Belemo
@belemo
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Funds have been very limited for me this period. Coping with the adverse market condition, trying to invest something, and then navigating through life on my crypto earnings has become a little bit tasking.

I'm always up for a challenge, so I'm relishing the opportunity I have to use all my knowledge to get better results.

The most important thing to achieve this week we're starting is to have $1k worth of Splinterlands credits in my possession.

That will enable me to buy the 250 packs I crave so much and also be my single most expensive Splinterlands purchase since I started playing the game.

There are a couple of benefits of buying these many packs. Top of the list is obviously the potentially awesome monsters I might meet inside but there's more.

Since I only intend to open 60 out of the 275 packs I'll get for buying 250 packs(25 bonus packs), I'll also increase my SPS airdrop points in the process. The bump in SPS tokens means I'll be able to redirect some of the extra funds towards buying more packs in the future.

I'm also happy about the SPS increase because I will have to sell off some SPS tokens to complete the $1k that I'm using to buy the packs. So it basically means that the packs are going to pay for themselves by just sitting in my wallet in the long run.

Holding 200 packs should add about 60K SPS collection points, so the bump is going to be significant. On top of that, the monsters in the 65 packs I'll open will also contribute towards my SPS airdrop points. If lady luck smiled on me, life will be much better.

There are only four days left until the general sale starts and we also get airdropped the next monster. I currently have only 62 eligible packs, so I wonder how that will go in the end.

With some luck on my side, I should be adding one or even a few free airdropped monsters to my collection real soon. Nothing is promised, of course, you just have to roll the dice and hope for the best.

Just a little patience

I don't think anybody is satisfied with the way the market is today but I always like to remind as many that listen that this is just a phase. The market has these shakeouts from time to time, selling at a loss is not an option, if it isn't an emergency.

The first thing you should note is that all the tweets and blogs about crypto going to zero are either complete bullshit or just gags. Don't be swayed by such publications.

In fact, the interest in cryptocurrencies and affiliated products like NFTs are is constantly rising by the day.

For better or for worst, governments around the world can't get cryptocurrencies out of their lips. Every day, new applications to solve real-world problems are being created.

The number of companies that accept cryptocurrencies is constantly rising. Even Wallstreet, Goldman Sachs, and many other top financial institutions that are worth trillions of dollars have indicated an interest in cryptocurrencies.

I won't go as far as claiming that this is the golden age of crypto but it's really an amazing period in the history of crypto. The dollar value of your assets may not be so much now but if you're a holder that doesn't actively participate in trading on exchanges, then all you need is to be patient.

One thing I've noticed over the years and something we can clearly see on hive these days are that the market eventually catches up with the value that assets provide. It may take a while but eventually, they will.

So, as long as you're holding assets that bring value in some way, the market will eventually catch up. The reverse is the case by the way, so useless assets will inevitably be kicked to the side whenever speculators get bored of them.


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