In recent days I have seen my stake in SPL Traders rising. It is due mainly to the cards transactions occurring on the open market and it seems like demand for cards are on the rise. I would gather this all as a positive for Splinterlands as currency for Splinterlands assets is starting to trickle in more.
My stake is gaining as current pool is limited on investments in my portion remains decent at 4.4%. Seeing this stat it maybe tempting to invest into the pool but it is not consistent earnings. The reality is we have peaks and valleys and as of this week the profits seem to be rolling in. However for over a month it was nearly bone dry in transactions.
In prior weeks the earnings were so low I was getting about 100 DEC daily. It may seem a lot but stashing away over 1 million DEC I could have earned 3x more on land plots alone. The bottom line is patience yields rewards. I held out and since SPL Trader has limited DEC investments in the pool my percentage of daily rewards is now a big benefit.
I mention this to remind myself and others that sometimes diamond hands is better than trying to time the markets. I have a tendency to chase when yields rise but swap out when they are low. This has caused me to miss out on nice gains over the years. Splinterlands is apart of this too and I need not be tempted to keep trading as long as I hold on to current investments. I will come back to this investment I have in SPL Trader in about another week to see progress. Thanks!
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