Reinvesting in to SPS in the game

Hello and Namaste Everyone

SPS aka splintershards is a governance coin of the splinterland game. I have published a post about its price but I have not stopped my reinvesting strategy in the game for this token. Even when the value of this token is low in the market I'm trying to accumulate it through my reinvesting strategy in the game. This token is part of the reward distribution and whatever opens I earn through gaming and other means all these tokens are deposited into the holding and this is how I am trying to reinvest in the game. I'm not selling any tokens that I have earned and because I'm focusing more on building a bigger holding for sps this is how I'm trying to do this.

So for example I have 248 sps tokens available in my account. This amount is earned in different ways within the game so technically I have not invested the direct money to buy these coins but I will deposit these coins back into the game account this is how I am trying to reinvest in the game ecosystem.

I have done the taking for whatever S P S balance I had and after that, I can see this balance in my game account. I don't want to focus on the dollar value but the token quantity is good that I have done after long-term dedication and focus in this. Now I am not left with any liquid token and also there is no honest taking in the process because I dont have any plan to do this. This balance is also helping me to get two benefits. First I am getting an APR of 13.69% which I think is very good I am happy to have whatever I earn on my balance. Also, it gives me a reward boost which gets me the better in-game rewards.

SPS Holding is important

I believe that SPS holding is very important in the game because a higher sps balance means I get some benefits. Now price is not so good for SPS but this scenario will not remain the same for long and this is why now can be a good time. I can not predict the future but hopefully, SPS will become valuable and for that reason, its good to buy more sps now when its available at a cheap price. Also, this is not financial advice from my side so please do your due diligence before you decide to invest.

I will continue to grow my SPS balance as much as I can especially the time when the price is low because this will allow me to buy more. I do not have any specific goal set up for me but whatever is possible I will be trying to do it the maximum possible and will also continue to follow the reinvesting strategy with the sps file and that too for the long term.

As far as this game is concerned I always feel that in this bull run market, the game is going to do great. If it happens then we are going to see a lot of positive actions in the game and a lot of new players will also be joining the game which is good for all of us. In the past, we have seen how the game has done and it was fabulous so once again the game has the potential to do even better but we are required to have some passion and give it time whatever is needed for the team to build and showcase something exciting.

https://splinterlands.com?ref=reeta0119

[Images are taken from splinterlands wherever the image source is not mentioned]

Thank you so much
Stay Safe

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