We all have one time in our lives bought something and soon after ask ourselves if it was a right purchase. This is call the buyer remorse syndrome. Its just a joke, not real a syndrome but we do get the feeling when we think we overpaid for something.
With the recent Splinterlands growth in popularity it is more prevalent now for players to feel they are not overpaying for a card. Since DEC price is 5x - 7x its parity and card prices basically rising as high as +5000% from three months ago who would not be hesitant to buy now. How would I know if current card prices in the open market are peak prices? I do not want to overpay but at the same time desperately want to add to my collection.
Splintercard's Price Screener
There are a few tools that I use to help guide me through the current volatile market. The Splintercard's link at the end of this post will direct readers to their website that is a database of the current prices of all Splinterlands cards current in the market. The filter is very easy to use and there are a few great features to help identify a card's price trend.
The past sales of cards are tracked up to 149 days and since it was only about three months ago since Splinterland's market cap when parabolic the range is sufficient for users to determine how much a card has appreciate prior to the big growth.
At three months users can see the % average change in a card within that given time. Snapshot above is an example of some of the current most expensive cards in the game per BCX and how much they have appreciated within the last three months.
What I like to do when using Splintercards price screener is to go 1 week of sale and see which top ranking card that was recently sold having a large negative price difference from average. This tells me someone scored a deal at the last sale with respect to the average price.
Example above shows a Yodin Zaku recently sold almost 20% below its average weekly price. That is a decent size discount. Now if I go search the open market I would feel more comfortable to shell out $540 for 1 BCX card than before reading the data. This help me get a reference as to how much average card's sales is over a period of time.
Users of the price screener can navigate through all card series, type of splinter, or card rarity. Since the data are all listed in tables the search results comes out almost immediately letting users be able to play around the price data much faster than the next resource I use, peakmonsters.com.
Peakmonster's Market
In peakmonsters the card market has a feature to identify a card's price trend within a day, week, or month. By default it is set to none so that the market prices load quicker, however if user chooses to see the trend they would select individual card and see the price trend through a graph in the selected time frame.
Above snapshot is listing of the Curses Slimeball at the relative bcxs sold per a day within a month and the average prices for those purchases. Users can easily identify visually when the card's prices were at peak within the month.
Another interesting feature within peakmonsters is users can set a bid price on the card and peakmonsters will reserve the user's DEC holding for purchase of the card at the specific bid. If there is a seller to provide a price at that bid or below the user who made the bid will likely be able to purchase the card automatically through peakmonsters. This feature I know is only on peakmonsters.
Conclusions
On a daily basis I am seeking out ways to save when I purchase my cards.
Inside Splinterlands card market there are links to third party markets outside of the game. I recommend users to look through these and purchase cards through one of these third party markets in lieu of using Splinterlands directly. All the third party markets referenced in Splinterlands is safe to use as I have used them myself. The reason is they ask users for their hive passwords through Hive Keychain. This is safe to perform as the processes are through the Hive blockchain.
What I will add is that monstermarket.io and cardauctionz.com both offer buyers a 3% DEC cashback for all purchases. By default all cards buy have a 5% deduction in price for the seller and is given to the medium that sold the card. For instance monstermarket.io and cardauctionz.com takes the 5% proceeds and pockets 2% while the other 3% they give back to the card buyer. This lowers the overall price purchase for the buyers. Any amount of saving counts and especially when card prices have risen this much in recent months.
Splintercards Price Trend Resource
Until next time thanks for reading!!!
If you are interested to learn more about Splinterlands please go through some of my other posts. Order is from newest to oldest posts:
All You Want To Know About Reward Chests
Helpful Links for New and Veteran Players
Splinterlands Good Cards To Own
Splinterlands Rentals from a Lender Perspective
I have plenty of other cards for rent! Just go on peakmonsters and check out the market place and if you are curious what I offer here is a link:
If You have yet to take part in playing this great game called Splinterlands please click on my referral link. It is free but in order to earn real assets such as cards and token you would have to invest in a starter deck or purchase game cards. Join the discord to learn more. Good luck!