Hello to Splinterlands and Hive Fam,

Hope life is treating you well wherever you are in this part of the world.

My Splinterlands Game account is - FinPulse9

Currently the Crypto market isn't different state where only the Bitcoin price is up but other coins are down. Other coins are called alt coins and in the current market situation the alt coins are down as far as their prices are concerned which can be a good buying opportunity. I am doing it and I have bought hive and also some other coins this time. I'm not investing on the coins which are new in the game and also I'm not in the favour of investing on the meme coins. I know that some people made hell amount of money on the meme coins but that is not my thing because I invest on any asset having some use case and some fundamental values.

I come from a background of investing on stock market and mutual funds where the fundamental values is the core and with my investing journey on cryptocurrency is I follow the same principle where I do not invest on the meme coins which is also some sort of penny stocks. I never invested my money on penny stocks because it's a highly risky game which I don't want to play and similarly I do not want to invest my money on the meme coins where the risk appetite is very high. It's better to earn less rather than putting the money on a basket that comes with very high risk appetite.


So today I purchased over 70K SPS tokens and sent all the tokens to my game account wallet. I'm going to power up all the tokens available in the game account and after this I'll be sharing the updated balance which will be more than 100K SPS power in my game account wallet.


![image.png](https://files.peakd.com/file/peakd-hive/finpulse/Eo1vUVE4WqkeLsRYB1TrjjGe9FQrrXQKi9Gz8Y9FdTPx3zRcPruGqDCjkdu7eevWi22.png)


Power up is an easy process which gets done in a few clicks only. Let me share the price for the SPS token in the market which is pretty much low and that is the reason why I did the buying a big quantity today. I was striking the price for this coin for our last few months and looks like today is very low and I don't know if it is the bottom because bottom is very crucial part that is hard to identify.

I'm happy that I'm purchased a big quantity and I also did this in the past but that quantity was not so big so now with this purchase I have over one hundred K SPS tokens available in my account. I also did the buying for some hive today so it is my investing time on crypto world with the hope that the value of these assets will grow over the period of time.



![image.png](https://files.peakd.com/file/peakd-hive/finpulse/23uRLJbQNsrxqwkSXGS2Gzr5A83KiwUy9V1J5M2KL8rG6bRWxVnKVAvy9t8iT8UTKh5JT.png)

[Link](https://www.mexc.co/en-IN/exchange/SPS_USDT?_from=search)

Now the power up is successful which is called staking in the game. So this staking is completed for me and currently I have one thirteen K SPS power which I think is very good. I also want to mention that I have got the delegation for over 70K SPS power so that is another help I have got from my mentor and this means a lot to me. BIG thanks to my mentor @BRAVETOFU and another awesome person 	@MONSTERVERITAS for the SPS delegation. This support means a lot to me and I will continue to buy more SPS in future also. People are holding the SPS coins in millions but my holding is very low but like I said that I am focused on it and will continue to buy whenever it is possible for me to grow my portfolio and this is my long term goal on this fantastic game and this amazing platform.





![image.png](https://files.peakd.com/file/peakd-hive/finpulse/23t76xzWebafB1RjBabgConme1oF5K8uMmSh4DgabqtNZ4xEe2MRMUrMqTGujoYoTwd83.png)


Why buying strategy is simple that when a lot of people do the selling then it is time for me to buy because I believe that's the time when we can get anything for a lower price and hold it for the long term or till the time your price goal is not met. Why investing strategy is generally for the long term and I do not invest on any asset class for few months rather it is for few year and that is what helps me to get very nice returns on most of the assets that I have invested on. I'm fairly new in the Crypto World and that's the reason why I keep on learning new things so my investment on various crypto coins is limited and sps and hive both are on my list that I continue to invest on.

I do not have any goal with SPS but may be soon I can make it 150k SPS power or 200k also if price is low. You never know when I see the market with even better opportunity than I had today so that can be the time when I'll invest more on the token and obviously I'm going to power it up all so my holding will grow eventually for SPS token in game.

Thanks


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Images source- splinterlands.com website


https://images.hive.blog/0x0/https://media.giphy.com/media/J5wMfoXkjwLvXYozZN/giphy.gif


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Posted Using [INLEO](https://inleo.io/@finpulse/splintershards-strategic-accumulation-doubling-down-on-sps-with-a-70k-purchase-dbv)