GLX is the best token which offering really good APR. However, in recent time we have seen significant price drop in GLX tokens. Now, price of GLX token is moving in stable range from 0.016-0.017$. From last few weeks I haven't invested any amount in this token. I staked all GLX token time to time that I got from GLX and SPS staking.
My small investment is distributed on different projects. So however, if something doesn't go well, still I have other option for extra return. There is always a limitation for free money, if we want to earn good amount then there is need of investment. With investment, we can grow faster and ultimately earn well. There's always risk in any investment. So it becomes important that how you handle risk in such situations.
In my case, I haven't taken risk that I couldn't afford. My investment is distributed on multiple platforms, that's the positive thing for me.
I am happy in the end, that I have sufficient amount of GLX token in my wallet. Which will definitely help me in future. I don't have any plan to sell it, instead whenever I get chance, I would like to gather more GLX tokens.
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GLX Staking
I could say that GLX staking is one my best decision this year. I didn't take much time to think whether to invest or not. When we believe in something, then no matter about other factors like price drops and negative news. GLX price is currently much stable and trading at 0.016$ price. I already have good amount of GLX balance in my wallet, so I don't need to purchase now. I am happy that I finally reached 4000 GLX milestone. That was not easy for me, the way I started. But Eventually thing went nice and made decision to invest amount at period of time whenever price goes down and that strategy really helped me to reduce investment stress. Dollar Cost Averaging is best way to stay safe, if you want to invest in particular crypto for long term. Same strategy I have applied for my all-investment plans.
Ok, Let's see my staked GLX balance in my game wallet. I have total 4033 GLX tokens staked which is worth of around 66.16$ according to current market price. I don't know exactly how much ammount I have invested, but my investment could be around 70$.
SPS Staking
SPS Staking is another way to earn GLX tokens. Apart from GLX token, we earn SPS reward at 21.75% APR. Currently I couldn't invest much in SPS, But it's in my Wishlist. Currently my focus is to increase my Splinterlands Assets. I have total 587 SPS in my game wallet.
My GLX & SPS Staking Reward Calculation
Still there is good APR for GLX staking which is around 126%. SPS staking offers around 29% APR. I could get around 13 GLX everyday according to my staked GLX balance. Similarly, I could get 0.289 GLX everyday according to my staked SPS balance. Which is really good amount.
This is how I am earning GLX right now.
Note (Disclaimer): Information provided in this blog is for information purposes only. This information is not for legal or financial advice.
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