I published a post in mid of Feb month about my SPS accumulation and at that time I had achieved a 150K SPS stake milestone. I am trying to document my SPS Journey and now today I am talking about SPS again. I have been buying SPS tokens in parts quite frequently and powering them up as soon as my order gets filled. I kept on buying not on the market price instead of placing the buy order at a slightly lower price I'm happy to say that my ALL the orders were getting filled in a couple of days. It's not a big quantity that I bought but in this period of almost 2-3 weeks I but ~3k SPS. SPS it seemed like HP which the more we have makes us feel like having even more because there are multiple benefits linked in the game.
SPS Price
Currently, the market sentiments are improved and this is why a similar effect can also be seen on the SPS token price. Earlier the price was pretty close to $0.02 but NOW it is 3 cents which is the increase of almost 50% on the price but this time I am not going to stop myself. Last time when the price was increased I had to put a pause on buying and because of that I could not achieve my goal but this time I'm not going to do this even if the price continues to rise. I'll not be buying for a very long time but at least I will continue to buy it till the time my initial goal is not achieved. Looking at this price chart it seems that the price is getting up and the overall obtained can be seen as well. I expect that the price of SPS is going to be much better in the coming months especially when we are talking about the market cycle which is expected this year. Before that happens I am trying to grab at least whatever is needed for my gameplay and this amount is at least 160K SPS tokens.
SPS balance
Open up my order was filled for 100 SPS this morning and I powered it up just now. This is an activity that I do quite often and I ensure that there is no liquid token lying in my account or the Hive exchange wallet. Once I Power it up then it starts generating some rewards for me as well as helps me achieve the higher reward multiplier in the game.
This is what I have currently in my game account and everything is staked up with no scheduled unstaking. I have no plan to unstick anything and am happy with the current APR which is slightly more than 13%. APR is pretty good and it is paid out in two tokens including SPS and vouchers. voucher is one of the tokens that has got some value recovery recently but I believe it is still undervalued and hopefully, there will be more demand for the token in the game and once that happens then the price of this token will surely be appreciated.
Talking about SPS is something no matter how much you have but you will always feel like having even more. I hope that in the Next couple of months, I will be able to achieve my SPS goal of 160K. As I already mentioned even if the price continues to grow like this then also I'm not going to stop myself because I don't think this type of opportunity will be available for the long term.
There are many benefits to keeping the sps tokens in the game account and while I am considering that this is one of the tokens in the game which is going to be more valuable and so I am trying to grow my holding. Although my ultimate target is to have 200K SPS at least within this year however the immediate goal is to have 160K as soon as possible and I will be trying to make it happen. I earn some tokens every day however this quantity is not high but whatever is earned I do add it to the stake and buy from the market as well to grow my overall holding faster.
Images taken from Splinterlands.com website
Thank you
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