Splinterlands | Reasons I Bought 6 Legendary Almo Cambio Cards!
My general suggestion this past month has been to be really cautious buying cards since there is not much supply and quite a bit of demand most likely makes it a good strategy to take some profit and be patient for Chaos Legion to be released. This taking profit is exactly what I have been doing and sharing for a while now on both DEC Earnings converting it to Hive when it was below 0.5$ and afterward into USDT while also selling some of my duplicate cards at prices too good to resist (Furious Chicken at 50$). Today however, I believe there is a good buying opportunity that makes some sense in the Legendary Almo Cambio which goes for ~30$. I ended up buying 6 extra singles on top of the 1 I managed to get from one of the reward chests.
Reasons The Almo Cambio Might be a Good Buy at ~30$
1. It's Fully Printed / Reduced Play2Earn Sell Pressure
It happens more often for the price of a reward card to go up soon after (or just before) it gets fully printed. This means that it's no longer possible for players that directly play2earn with the intention to sell rewards they receive to get this card which will reduce the selling pressure. At the same time, there will be many players that hoped to get more of them from the rewards needed to get it at levels 2, 3, or 4 who will no longer be able to earn it needing to buy on the market in order to level them up. Looking at the collections of players who are currently selling them, they are mostly new players that 'got lucky' to get a Legendary drop from the Reward Chests
2. It's a Useful Neutral Card
Neutral cards by default are much more useful and wanted because they can be used in nearly every match. The Almo Cambio has some good use and can be compared to cards like the Lord Arianthus and the Gelatinous Cube which are both cards that are widely used. It is also by far the Cheapest Neutral Legendary Card.
3. Limited Supply / More Players
All the current supply of cards is calculated on a player base of ~10k active players. The total amount of single Almo Cambio cards is 10000 which means there at max can be ~900 Level 4 Almo Cambio Cards. The Number of Active Splinterlands Players continues to grow at a rapid pace now reaching nearly 200k active players. This will require a change in the number of cards from each type that will be printed going forward with a result that these Legendary Cards in the future will be really hard to get your hands on.
4. SPS Airdrop
All Splinterlands assets count toward the SPS airdrop which still lasts 322 days, so each day going forward I will earn a little bit back in SPS from the airdrop from these cards that give 1000 Airdrop points each. Right now each card gives a daily 0.15 SPS as passive returns, if the average over 322 days roughly will be 0.1 SPS and SPS trades at a not unrealistic value of 0.4$, that is 12.88$ in earnings just from a single 30$ card not even calculating the staking rewards from SPS.
5. Rental Income
For now, I will keep these cards as single and I don't need the collection power in order to get the max League I'm competing at so I will be able to deploy these cards on the rental market. These cards are available on the rental market for ~4 DEC a day and likely more near the end of the season which cones at ~
10$ in a year passively.
6. Monstermarket Cashback
When you use Monstermarket.io to buy cards on the market, you instantly get a cashback which in the case for 6 Single Almo Cambio cards came at ~825 DEC.
7. Content Material
While this by no means is a driving factor, it certainly is one that is part of the entire equation when it comes down to the purchase. I always try to make content that actually offers some value to the Splinterlands Community which is not always easy to do. Seeing everything lined up for the Almo Cambio being a card that potentially is too cheap made for a good post on which the potential earnings could recover some of the investment. I keep saying how under the radar blogging and its potential to earn and grow in Splinterlands is. As a new player, you can literally buy a card for ~10$-15$, make a post on why you bought it and earn 20$ from that post making it so that you basically bought the card for free getting some on top. How awesome is that!
8. Others Also See The Almo Cambio Opportunity
So I have been thinking about buying these cards the past week but what really made me pull the trigger was seeing the Making Money Youtube channel cover this one as well. So basically some FOMO kicked in knowing I regretted not getting into some similar type of situations in the past where everything screamed 'buy now'.
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Always love your posts 💯🚀☑️ #Splinterlands #playtoearn #nft #crytocurrency
Thanks, I enjoy making them and guess that does a lot.
This is a great lesson on the benefits of buying cards while choosing wisely and doing your diligence before. Rushing on the market and buying whatever you see in front of your eyes is just random and can lose you money in the end, but having different factors considered while taking a BUY decision simply gives trust for the bought assets. And that is a good price for Legendaries, I hold several Almo Cambio, and being Neutral I think is a big plus.
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Thanks, I'm pretty wired toward spots I believe have a positive expectation and put quite some trust in my own judgment. I also just like sharing the info for others to potentially get something out of. It will be interesting to see how it plays out.
I think you're right, that's a good buy!
Undervalued card, and it's fun too!
I'm mostly sure that it's undervalued compared to other cards, it's really hard to tell if the actual price is undervalued. I guess time will tell :-)
Love the argumentation for this card. I first ignored it but then when I started to level it up I saw it's potential. I have one at level 3 now and it's a very decent play especially when combined with speed up cards in poison rulesets.
I'm mostly thinking the combination with that dice summoner that reflects magic damage, I'm quite sure there will be plenty of situations where it's super powerful and being able to avoid poison also does a lot + heal is massive on 15 Health.
Great post. Considering the new amplify skill almo has another great reason to rise in value! His return fire and magic reflect skills are going to be very useful to the higher level players.
That's a good point, it will be interesting to see how these new abilities play out. I'm not sure what to think about the x20 print rate of the new reward cards with a lot more chance to get a card from a chest. On the one hand it will make the old cards really rare but at the same time the market will get flooded with new cards. Short term I wouldn't be surprised with prices going longer but these older cards long-term should be good becoming a lot more valuable especially as more players are bound to come in.
By print rate you mean the amount of cards total ? I don't think that should have any influence on the older cards, since it doesn't really inflate the market. It only devalues the new cards since it will take longer for them to go out of print.
The higher chance to pull a card (50% instead of 33%) is another story. That will probably inflate the market a little bit, especially since prices are probably already a bit higher just because there are so little card in print right now.
Hard to predict the market I guess. I only have one Almo anyway so it doesn't really matter to me. I'll probably sell at 45-50$
Well, it all comes down to supply and demand. New players are much more likely to buy the cheaper new cards to build their collection instead of the expensive old ones. I would not be surprised for these rewards cards to get fully printed within 3-4 months. In the end there are only so many cards that they can come up with and I rather see the pace slowed down. If anything what it does is increase the pay2win factor which already is at an extreme.
Nice insight!
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I see the value as.
When land is available Lendary cards may have another use as well which could add to the value of all lengendary cards.
A rare card I think is underrated is Dark ferryman. Between the health and dispell at later levels. IMO its a good grab
Hey, nice write-up. One question: how do you know whether a card is "out of print" or not?