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DEC Close To Peg... Burning Cards Have Became Viable

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@xabi
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Evening

So the dec pump continues preceding the Land Presale. Currently dec is trading at $0.0009255 and is expected to reach 0.001$ soon.

Paying in terms of dec is still profitable as the current DEC market price (0.0009255$) in still lesser compared to the fixed in game price of 0.001$. So if you are planning of participate in Presale or some packs purchases, pay in dec, as you can save 0.0745$ for every dollar spent in game.

As dec market price inches closer to in game price, one thing to keep an eye on is the burn value of cards. Burning certain cards is a viable option now if you are in need of quick dec, instead of listing them up for sale. Factors like 5% fee deduction, sale chance and time is cancelling out the little dec profit you might get from selling instead of burning.

e.g. Gold Foil Death Elemental is currently going at 2$(@2160 dec/bcx) and with 5% fees deducted it would pay 2052 dec (only if it gets sold). With a burn value of 2000 dec it would be logical to burn it instead of listing it up for sale and waiting. 52 dec difference is not worth the time spent on waiting for the sale to happen.

There are many other cards out there that are potentially burnable. While burning cards(especially gold foils) it is important to keep in mind whether you need urgent dec or not. If not, let other in need of dec burn them and hodl yours as burning will eventually appreciate the price.

So whats your plan? Are you burning or hodling?

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