It's been over 3 weeks since I bought my Summoner's Spellbook in this game that costs $10. Well, I have purchased even more than that, and those were worth it while some are kind of depressing. This week, the prices of the cards are in downtrend especially with the new reward cards in circulation, plus the upcoming pre-selling and release of Chaos Legion Booster Packs which I am excited about! This game is really addicting and I regret that I should have come in early and invest, since I bought traditional videogames that do not have value at all. I am willing to spend money because first, I like the game, and second, it's an investment opportunity.
None of these are financial advice. I am just sharing my experience and journey, not to brag. Please do your diligent research before diving into any form of investment or blockchain game.
I tried to get my eyes on the three great cards in game, namely the new Reward Cards, Level 3 Djinn Renova ($27.18) Level 4Venari Crystalsmith ($26.83) and Djinn Biljka ($17.05) for a total of $71.06. They have great stats and ability for the mana cost they offer. And for me they look cheap for a legendary, epic and rare cards at those levels for Silver League. This was done on a Tuesday.
Two days later, I saw the card prices plummeting like crazy. I checked on my card prices and I was shocked to see that these three cards dropped by almost 50%! I am feeling robbed because of that lol and my cards should have been bought at $35! That money could be used instead for other cards. But for me, since I am looking at this as a long-term investment, I am not worried much about this. I am positive that the cards will rise in value in the future, that I can sell at higher price. I heard from older videos that cards from 0.1 cents reached to an ATH of $44! For the meantime I am renting out these cards for some passive income, at least I can get something back.
Since I saw that the market was plunging ever since Tuesday, I tried to get the opportunity to buy new cards that I really liked. Since my favorite splinters are Water, Life and Neutral (for their overall utility) I tried to prioritize getting them. I started with the common cards since they are pretty cheap for the prize, then some good epic cards to begin with. I got the common cards: Level 5 Feasting Seaweed ($35.4), Lvl 4 Wave Runner ($11.28), Lvl5 Demented Shark ($7.87), and the epic Level 3 Axemaster ($50 instead of $85), and a neutral legendary Almo Cambio ($20 instead of $35) for a total of $124.55. I am glad to see my water deck going stronger for Silver league. For the summoner, its better to rent as they are fairly cheaper.
I am currently renting out most of these collections since I only play 25x matches a day for the daily quest and to maximize my capture rate I am mostly using the free cards given at the beginning then I will rent at the end of the season to get the Gold League rewards, which is a cheaper way to get chests. The rental price per day of my cards are are around 107 DEC or $0.57. As for the SPS daily airdrop, my account gets $1.231 a day for a total of $1.8/day which is not bad considering it is compounded daily. I have 32,715 airdrop points for this. And that's not including the rise of card values since they are hyper deflationary NFTs that are limited in supply, along with the increase in players causing higher demand.
Splinterlands is a highly addictive game because of the in-depth strategies and tactics that can be used to win battles. It's also a great source of passive income and a good long-term investment. The game has been out for almost 3 years already and has a good track record. With the growth of player base and new cards to play with, it's going to get even better! So what are you waiting for? Try out Splinterlands now and get your $10 spellbook in order to get your rewards!
I can't wait for the season end and Chaos Legion pre-sale as they are great opportunities for new players like me. See you there!
[#24] September 24, 2021