A Low Action Day 5 in Flipadelphia
You never thought this meme would make it on Hive.
If there were more participants in Splinterlands, the secondary market would be jumping with activity, but it is rather sleepy and vacant. It is like selling an item on the Craigslist location for a suburb as opposed to a big city, that's what it is right now. Turnaround times for sales are longer, buying opportunities are fleeting, and pricing is a bit of a challenge to nail down. If an opportunity arises, it must be seized.
The Missed Opportunity
A Regular Foil Void Dragon was available for $2.90, which is quite a deal. It is tough to compare pricing now against 14 or 28 days ago, but when a Legendary card is at a possible low point, it will not last very long when there is a gap to the next lowest price of $3.63.
In a low volume market, it is usually difficult to get a good sense of pricing, but it is even harder when the Rules of Engagement change so radically. There was the "Sugar High" buying frenzy period before the new Soulbound Rewards cards were released and then a period of muddling through and with price spikes and now a downward turn. The short-lived Hive pump was another complicating factor in this entire situation and the announcement of 500,000 packs being reserved for NFTy Arcade scholars in the hope of converting these scholars into player-participants after a 30 day period puts more pressure on cardlords. Cardlords, botlords, players, and traders are all trying to figure out this completely different environment.
A missed opportunity may ordinarily be a missed opportunity, but it may not be as prices for Void Dragon could fall to Holiday Season levels once again.
What's Out?
General Sloan finally hit $1.25, which is the price that was set for a sale of the card. General Sloan is a cheap summoner that is not well-regarded and may be the worst introduction to the Life Splinter there ever could be. In a lot of ways, for a new player introduced only to Untamed and Chaos Legion prior to Grandmaster Rathe's birth, it was a splinter that is best avoided until discovering that Life is a splinter that requires a Wilder, more diversified touch to make it all work.
Still Waiting for Someone to Swipe Right
These cards are not past their prime and they are not "Short Kings", so give them a chance.
The Gold Foil Lava Spider experienced a spike in price last night. The lowest card reached $.59 per BCX, which provided an opportunity to jump in and try to sell at $.70 per BCX with a Level 4 Gold Foil card. However, the price fell back down to $.49 per BCX.
Let's Talk Strategery
That's not a typo nor misspelling, the George W. Bush memes will live on forever. With 5,060 DEC to use in the market, there are many options to take in order to move up the ladder and build this account up to greater respectability.
The option of choice is to do the following with these sales proceeds.
Purchase a card that has potential to rebound from being underpriced. Gold Foil Commons (Riftwatchers), Gold Foil Rares (Riftwatchers, Chaos Legion, Dhampir Infiltrator), Gold Foil Epics (Djinn Chwala, Djinn Renova), Regular Foil Legendaries (Chaos Legion, Riftwatchers).
Sell the card at a premium.
Split the proceeds of the card into two equal investment prongs to each start their own journeys to climb in value. After four successful sales on each prong, the amounts in each of the two prongs will be split into two equal investment prongs. This will result in four different paths and each will be given room to grow until another split takes place, but that is yet to be determined.
There are still cards that have yet to be sold within the collection, but the objective of cleaning the room of the Chaos Legion Regular Foil single BCX cards is being met. Not all of the cards are ready to be sold due to prices being too low. Do not be surprised if the Level 1 Regular Foil Igor Darkspear goes on the market soon.
