So for someone interested in investing some money into splinterland, what would you consider to be a decent entry point and what would you advise one to purchase?
So for someone interested in investing some money into splinterland, what would you consider to be a decent entry point and what would you advise one to purchase?
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Honestly, I think there are so many potential answers to this question.
What I'd suggest is going to https://www.nftyarcade.io/ and seeing if you can play for free using someone else's cards. You split the rewards with the owners of the cards, and you can see if you like the game or not.
If someone is looking purely as an investment and not necessarily to play the game... maybe just consider purchasing DEC on Hive-Engine and holding it. DEC is one of the currencies in Splinterlands. The thing is that the Splinterlands team is working hard to try and get this DEC currency back up to it's peg... and it's got about 20% to go. With the new Land expansion, I think a lot of DEC is going to be burned so I do think there is a good chance that DEC will get back up to the price point that the team want it at. You could make a similar argument for the SPS currency as well, except I think that might take a longer timeframe... but doesn't have a ceiling like DEC has.
It's a tough question with lots of different approaches... but I'm happy to expand on the above if you have a particular preference.