Is this downtrend of the market it is very essential to hold onto the coins that we own in our portfolio. Like it is said, if you have a strong portfolio with those coins which does have a very rigid foundation you will probably end up recovering on your investments as soon as the market slowly picks up its pace. Which is why, having a portfolio with strong fundamental coins is very essential. There's even a better solution, if you can do DCA in your fav coins, you will end up in profit once the market slowly recovers in its price.
Here's where your assets comes into play. Having a passive income from your coins can come in handy in situations such as this down trend. We are lucky to have some of the best options at our hand, where our assets can literally generate more crypto just by holding onto them. HIVE, HBD, SPS are few of those tokens which can generate money while you are sleeping.
HBD, can be one of the most astounding crypto, where it is literally generating 15% APR for just holding a coin in our account. Which is quite fascinating thing just to think about. No risk of getting hacked, your own crypto is yours to claim at all times. I wish if there was enough to stake HBD and get some juicy APR for the time being.
I am more excited about SPS. As we all are aware regarding the fact that staked SPS is generating us little above 11% APR. Which is quite a lot when you can see the richlist of Staked SPS holders.
Another fact regarding staked based earning is that, the more stake you have in the portion, the more you will be earning. And that big amount will generate quite a big amount of rewards everyday. Just imagine how much they are earning every day for their staked SPS.
If we get to breakdown the Staked SPS rewards for VUGTIS (top holder of staked SPS) it would come down to
4,693,688 SPS on a yearly basis. On a monthly basis he should be earning 391,140 SPS. On even a smaller scale, which is everyday he should be earning approximately 13,000 SPS. On current market price it would round up to 100 bucks every single day. An important note to remember, just imagine if SPS gets to 10 cents how much he would be earning every single day just because he has this much skin in the game.
Nobody, not you or me gets a saying in this. It is purely his investment into the game. Such a big amount he has dedicated into the game, which does means something to him. I as a user of Splinterlands can vouch for the amount of money which I have investment. From my POV, I can clearly see this user has hardcore belief in this game. As a matter of fact, I would like to put my money where wealthy mouths are.
Not only out in here but also out there where there are juicy APR's find them, study them and if possible provide liquidity or if you believe in their project buy their tokens and stake them. As compounding can generate huge amount of rewards in the long run. In the next crypto cycle I intend to be in multiple staked based reward pools and also in those pools where rewards are pleasant for providing liquidity. Not to forget doing proper due diligence is a must in every step of our crypto investment.
Lets see how this crypto cycle gets to treat us and how we can properly utilize our time, money and efforts. Hopefully everyone will be able to earn a decent amount of money or even life changing money due in the next crypto cycle. All the best to us all.
Best regards
Rehan
Want to play & earn from Splinterlands
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SPS has great upside but also high risk. HBD is a stable coin with 15% yield and much lower risk.
Yep, for stable returns HBD surpasses SPS for sure!