Get the Best Deals When Buying Cards with the Lowest Possible Risk:
This a tutorial on how to find the best deals when you want to buy cards, where to buy them, and reduce the risk as much as possible.
Any kind of investment in crypto games or crypto currency will always have a risk but sometimes we can reduce this risk by a lot.
Note: this post is not mean to be a financial advice, before investing in anything you should always do your own research.
Burn Mechanism:
In case you don´t know already the Splinterlands Cards has a Burn mechanism, where you can buy any card and it will give you DEC based in the card collection power.
So in the worst case scenario you can just burn the card get the DEC and sell it instantly or swap it for something else them just cash out, using this is not normal, most of the times you will be able to sell your cards for a higher amount than just burned them.
Finding the best Deals
Go to peakmoster.com, log in with your Splinterlands account in case you are not already , them click on Buy Cards:
Click on Compare:
On Compare by: chose best CP/ cost ratio
Now you will see a list of the cheapest cards based on their power, this are the cards their price closed to their burn value.
Where to buy cards:
You will get the best deals buying on monstermarket.io, when ever you buy there you will get a cashback of approximate 2.5% in DEC.
You could buy it on Peakmonster.com to get their coin PKM:
But with the current price:
The 2.5% cashback in several times higher.
Lowest Risk Formula:
Between the best CP/ cost ratio, check for the ones that have a rental prices, we are looking for a rental prices at least higher than 1 DEC(new minimum) because if the rental prices is the minimum it will make you pretty hard to rent the card as there are a lot of others of the same card going for the same price. Check the difference between their cost in DEC and the card power(remember that maxed out cards have bonus power, this can help a lot on the formula) and see how much time the rental price will reach this difference.
Once the rental has giving you the difference in DEC means you are now even on the DEC cost, even if you just burn the card now you will not lose anything and any next day you are on profit if you keep renting the card, of course the real plan is selling the card for a lot higher amount but it is always good to have a backup plan, I have been buying cards like this , reaching the difference in DEC most of the times around 15 or 30 days, sometimes there is even no need to wait just the cashback giving me the difference meaning I can just burn the card and been in profit, a very small profit but can be a good idea to do that with the cards that not have a rental prices.
Right now there is not so good deals but let see an example with the current cards:
4,830 Power.
DEC cost: 5317 - 127 cashback: 5190 - 4830: 360
minimum rental price 4.83, meaning you can rent it for 4.82 right now.
360/4.82: 74.68, in around 75 days you will have eliminated the difference.
Note: that I have use a first set chaos legion reward card to make an example, this cards are not really good for this, his rental price was around 0.4 a few weeks ago , with the recent change of minimum rental it has go up, but it more likely go down for something close to 1 DEC, so better chose others cards to do this.
Risks:
DEC going down in value, this is if you are buying DEC, in my case most of the times I using the DEC I earn from rentals to buy cards with this formula and I not thinking on selling my DEC right now so this risk does not apply for me or for people like me that are earning enough DEC and are not planning on sell it right now.
Rental price going down: the card rental price could go down and delay the time you will recover the difference in DEC, in the example I mention the risk is pretty high, but if you chose a more solid card the risk is minimum, it may going down a little like a 5% or 10% per month but not too much.
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