Hoping To Buy Low And Sell High

It is difficult to see Hive price free falling in the past few weeks but it appears there is a bottom forming. With that I have been swiftly trying to sell Splinterlands assets for more DEC as the value of DEC to Hive is near a high for the year.

My thesis is a higher DEC price to reach peg will have to come when Hive prices soar. Without Hive it will be difficult to get DEC and SPS prices to rise even though Splinterlands can exist on its own. The main reason is on boarding onto Splinterlands needs Hive.

In the past 30 days the exchange pools with highest transactions came from Hive : DEC and Hive : SPS. We are talking over $1 million in exchange value just in the past month with these two pools combined. Imagine if Hive rises the value flowing would be much greater and take note that the recent 30 days is where Hive was near an all time low.

In terms of Splinterlands I have concentrated on earning as much DEC with my assets. From selling cards, to renting out cards and leasing SPS I pulled in as much DEC as I could.

My card rentals is earning about a 7% yield, but Hive Power is actually currently yielding almost double that. Now I know card values are under appreciated since there is lack of transaction volume, but there lies another real benefit with Hive Power. The Hive token is still by far much more liquid than Splinterlands assets. If I vesting into Hive Power not only would I yield more but be able to sell easier than if it was in Splinterlands.

Current estimates is 14% yield in Hive power with staking and curation combined. Meanwhile again the Splinterlands leasing out cards is barely getting me 7%.

Finally I am still heavily invested in Splinterlands even though I have been staking Hive in recent months. So much so based on monstermarket.io data I am still over 60% net worth in Splinterlands.

Assuming current market values my Splinterlands assets is closer to $14k while my staked Hive is a mere $4k. In addition close to another $1k in staked SPS. Add on top a lot of secondary tokens my whole net worth is still mainly in Splinterlands.

My strategy is to swap assets into Hive with the expectation that Hive’s value will rise, allowing me to exchange back into Splinterlands for a profit. In the past, I focused almost entirely on reinvesting profits directly into Splinterlands without leveraging Hive. Most of the time, I treated Hive as a one‑way street, selling earned Hive to acquire more Splinterlands assets. While this approach did generate decent profits in terms of in‑game holdings, the overall value of Splinterlands assets has continued to trend downward.

With legacy cards offering fewer utilities, it now seems more practical to maximize my resources by building a larger nest egg in Hive. My hope is that this will eventually allow me to reinvest into stronger Splinterlands assets when the timing is right. If my approach works, it benefits both me and the game by increasing liquidity and enabling smoother asset transfers.

I believe the current lack of liquidity in Splinterlands is largely due to many players holding onto their assets rather than actively trading them. This reduced circulation has created a drag on demand and prices, making it harder for the market to grow. By shifting my strategy, I aim to position myself for better opportunities while also contributing to healthier liquidity in the ecosystem.

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

If You have yet to take part in playing this great game called Splinterlands please click on my referral link. It is free but in order to earn real assets such as cards and token you would have to invest in a starter deck or purchase game cards. Join the discord to learn more. Good luck!

THANKS FOR READING! CONTINUE TO PLAY SPLINTERLANDS!