DEC supply have been trending lower which is raising its price. In the prior month I converted my liquid DEC into Hive and staked it to hit my Hive Power goals. Now looking back it was the wrong choice as DEC to Hive conversion rate is at yearly highs.
This is apart of investing and I am holding my Hive Power for much longer. The updates in land are enticing but I am trying an alternative path rather than simply saving up for Splinterlands new releases. I have been playing new sets for multiple years and ever since Untamed I have not been able to pick a bottom on Splinterlands assets.
Since I still have a decent amount of cards not utilized I decided to rent them out hopefully for more liquid DEC. The leasing of staked SPS appears to be doing well as more players are paying up. This shows demand for staked SPS is rising.
Saved enough Merit to stack another 4 cases and got what is standard minimum. 4 rares and the rest commons.
Plan for the rest of the season to remain active only in Foundation format and continue adding to my DEC stake. I will likely keep this up until the final days of the month. Meanwhile keep active on latest news regarding the updates on land as the potential updates may likely roll out early December. I am not enticed to push for the initial advantages prior to roll out of the updates. Instead I will mainly be planning long term for land use. This will mean I continue to build up resources to snowball into more DEC and maybe just maybe passively invest back earnings into more land plots. I have the cards but not enough liquidity.
Until next time thanks for reading!!!
If you want to play splinterlands then SignUp Here
I have plenty of other cards for rent! Just go on peakmonsters and check out the market place and if you are curious what I offer here is a link:
mawit07 rentals
THANKS FOR READING! CONTINUE TO PLAY SPLINTERLANDS!
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