Splinterlands - Price Above Burn
There are times that are good to be a card buyer and I think right now is one of those times. Here are my reasons.
1.10x Price Above Burn
Right now there are some reward cards that are barely above their DEC burn rate value. When this happens and we use third party sites like monstermarket.io or cardauctionz.com to earn back 3% of the purchase price the overall cost to obtain the reward cards are closer to 1.07 or 7% above burn rate.
Volatility in DEC Price
The price volatility of DEC can be an opportunity for card buyers. In times where DEC price is swinging like recent day where it was between $0.00068 to $0.00072 it is nearly 7% difference. Imagine then if you notice DEC price swinging higher just when the reward cards remain on the market and able to snatch them up? That would not only cover the cost of the cards in DEC burn rate but could potentially buy the cards under burn rate!
Timing and Having Patience
I manually purchase cards and use what resources are public to all in search for best card deals. So there are multiple occasions where I miss a card deal just by seconds or never saw it at all. The best odds to stack in my favor is when the price of DEC has a big swing. Within that time I am able to lock in on some cards at much lower DEC cost overall. This means it takes time and patience waiting to see if things unfold the way I would hope.
To further discount the buy in of the reward cards I tend to max my reward cards and rent them out to earn passive income. I can take into consideration the passive income as a form of payment off the principal of purchasing the cards in the first place. On occasions where I see max level reward cards around 1.15x or less in burn rate I purchase the cards to rent out and would break even at burn rate in around 30 - 90 days. This method takes time and patience too.
Merry Christmas and happy holidays to all!
Until next time thanks for reading!!!
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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:
The choices are tough. I bought a ton of cards when the price to burn was a bit closer to 1 but it hurt me when I was trying to upgrade my CL deck. There are only so many funds so it's tough to decide. I do think it's a great choice for those not looking to upgrade their deck.
!WINE
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Yes I know what you mean. Max value or max cards. Very difficult to balance but apart of the game !WINE
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Well it's risky to buy s card and when price goes to down. I'm new player . I don't know much about this game .
That is why if you buy near or at value of the card you will never really over pay. That is what buying at dec burn rate is. !LOL !LUV
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thanks for clearing my concept
First of all, thank you very much for this wonderful post. This post of yours is very useful and timely for a Splinterland player. A bit more necessary and useful especially for beginner players like me.
I also have some reward cards in my small account, which I am trying to rent. Maybe I can, at present your post is quite helpful for earning money and good opportunity for entertainment.
Merry Christmas everyone.
Glad you think it’s timely and helpful. !LUV !WINE
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Thank you wine.bot
Burning mechanism always good and best for project and his coins. Hopefully incoming bull market hive and sps price going up because hive is strong and trusted platform. I have also decided to buy some gold cards.
It makes the cards have at minimum fix value. Better than no value !LOL !PIZZA
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yes is good tip for buy cards and get some profit
At least lock in the dec token earned and have it as nfts instead of crypto. !PIZZA !LOL
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ohh you tell me for buy cards and no keep in dec right?
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