Hello, good-looking people most welcome to the new blog of Splinterlands social media challenge and here we are going to discuss about Sps is a good deal. SPS is the most important cryptocurrency of splinterlands economy and this is a very important token. SPS has a limited supply and that is why in the future it will be difficult to get sps tokens. Now the price of sps is the lowest but if you have a long-term vision then this is an important moment to fill your SPS bucket.
However, it would help if you did not consider this as a piece of financial advice because risk is yours, and profit/loss is yours. Because people blame the loss but do not praise the profit. So take suggestions from multiple sources and then use your mind and take a decission for better profit.
Somehow, SPS price is dependent on hive price too because you can see whenever the hive price goes down, sps price goes down too. So this is a cycle and we can expect something good from the hive in the future alt season. Once hive increases in price, there is a higher chance for sps too. Anyway, currently I am holding 91,718 sps tokens and I know this is less than the 100k because I have sold some sps tokens but now I want to buy those tokens again and even more because as I said, sps is a good deal because you are going to earn 10% APR from staking, and you can also give staked sps on rent to earn more.
But if you can play with those staked sps tokens, then you will benefit from earning. That is why staking more sps is important to earn more. Currently, I am not planning to buy because I have a shortage of funds but I want to stake my earnings more so that I can reach 100k sps again. some people prefer to invest in meme coins because they say meme coins are cheap. You hold meme coins but in return of holding you get nothing so sps is cheap too so why not buy sps more and stake them for more benefit? Of course, this is good deal.
I am focusing on staking my earnings but in between if I get a chance, then i will definitely buy more sps tokens. That's how I am planning my sps goal. Now it is your turn so what do you think regarding this information please do let me know in the comment section. New users join splinterlands under me I am sharing referral link below and please share this post using #play2earn and #splinterlands tags. take care guys.
Thank you
Lucky Ali
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 | Hi I am lucky ali from gujarat, india. I am a crypto enthusiast, blogger, and SEO developer. I am always interested in learning new things and getting new experiences. You can find me on hive, twitter and discord (Lucky Ali#6343). Sharing is caring, Thank you hive family ā„ |
