Hey there in this post we are going to talk about 3 very important factors when investing in splinterlands game. Investing in splinterlands is a good choice but the way you invest in Splinterlands matters. Splinterlands is not just a game it is a lot more that is why you have to use your crypto smartly in splinterlands to earn good rewards. However. The market is down so it is affecting Splinterland's earnings but don't You think that investing when assets are cheap is the perfect option? I consider it an opportunity.
That is the reason I have invested in multiple assets and still investing because I am a long-term believer in splinterlands. Things are improving in Splinterlands and especially that bot-ban update is huge. Users wanted this specific thing for years. Now whales who use bots are happy and normal users like me are happy as well.
1. Diversify your investment
This is a common rule of any investment. Sadly, I have not invested in splinterlands land but I never miss the other opportunities. I have invested in every single asset of splinterlands except land. In the beginning, I was done a mistake and invested most of the funds in the splinterlands NFTs. Later on, I sold my extra cards and purchased more SPS tokens and I have also shared updates on this. If you follow the diversification Rule then you should have an investment in all assets.
For example, if you invested 35% for the splinterlands deck then you should invest at least 35% to 40% in SPS as well. After that, You can invest in a SPS node validator license, land, DEC, and Vouchers. You should have more sps because it is the governance token and very important in the splinterlands. Also, SPS gives multiple benefits. This is the first step to follow that will save you from loss and also gives you a big benefit in bull season.
2.Investing In An Asset That Gives You Multiple Benefits
Here I am talking about SPS. When you invest in SPS you will get staking APR as well as you can give your staked SPS on rent in the rental market and additionally, you will get the benefit of staking. Another thing is if you are playing battles then you can maximize your earning with staked SPS and you can earn GLX tokens in the genesis league sports game. The second thing is splinterlands NFTs in other words cards. Some users invest in new cards so that in the future they get better returns.
However, there are multiple things that you can do with those cards such as giving them on rent or using in a ranked battle with those cards to earn more in Splinterlands. So that's why investing in cards is a good option. If you want to buy these cards cheaply then peakmonsters is the best option. On a peakmonsters, you can make your bid to buy a card at a low price. Also, you can trade cards by buying cheap and selling at higher prices. A voucher is also the best option because it gives you promotions in promo sales. In the last sale, I earned $100 by using the voucher.
3.Focusing On Deck Strength To Multiply Your Earning
Some users invested a good amount in SPS, SPS node validator license, and lands but when you check their decks, they are weak. Weak decks mean you are weak in the ranked battles however you are doing a mistake by doing this. You have 100k sps but if you don't have a good deck then multiplier is not going to work for you. Take the maximum benefit and invest in the deck. Now there are no bots in the modern format so you should invest in new cards because these cards are cheap now. When you increase the deck strength you will see that your earning is increased. So don't do this mistake and focus on deck strength.
Do you find this post helpful? if yes then reblog it and share it on social media with #play2earn and #splinterlands tags. Also, share a comment below. Have a good day.
Lucky Ali
○_________________○___________________○
| 👇 | ||
|---|---|---|
 | Hi I am lucky ali from gujarat, india. I am a crypto enthusiast, blogger, and SEO developer. I am always interested to learn 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 ♥ |
