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Splinterlands: Flipping Assets For Potential Hive Returns. by josediccus

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@josediccus
$16.77
Splinterlands: Flipping Assets For Potential Hive Returns.


![png_20230506_063116_0000.png](https://files.peakd.com/file/peakd-hive/josediccus/Eo45Jm96vsogDoW4kq2rPA3s1J1bQPofeM7ZcnJzBRXsXzwbVapApdfjH3rZBbghiTa.png)






<hr>

<hr>

I've been seeing pictures of people pulling out legendaries from their chaos legion packs, and once again, I decided to try my luck with the packs.

 Apart from this, I have cards that are not at the level I want them to be, so it would make sense to open up some packs to get some single cards to complete them. But before now, I had previously opened about 10 packs without getting anything decent from the opening and because of that I just decided to leave my packs, hoard them and probably sell them at a higher price someday. 


<hr>

### Applying My "Risk Mitigation Theory"

However, I changed my mind and decided to do otherwise. I had 7 packs, so I decided to sell 4, instead of standing the chance of opening up everything and losing the total value. I was happy I did so.

 I had wanted to buy some hive recently, so I sold them and sent the proceeds (swap.hive) to my hive account. On the other hand, I decided to test my **risk mitigation theory** by opening the remaining packs. 

**(PS: if I had any inkling that I might at least get two regular BCX of even any summoner after opening all the seven packs, then I'd have gone ahead)** my theory was bent on saving me some dollar value. 

<hr>

![Screenshot_20230505_194929_Chrome-02.jpeg](https://files.peakd.com/file/peakd-hive/josediccus/23tRxsy6aQ3FW8gxJGdxs4ERMwdtdLgA4XDtZQb1YmZj1MTud1SkjCHQ2zSzHGTDTiRnX.jpeg)

![Screenshot_20230505_194929_Chrome-01.jpeg](https://files.peakd.com/file/peakd-hive/josediccus/Eo1vxmEbpRJff8L8mcSmJ18AZa9CY3Bh4HuCAELBFM8RSYxQkP8Jy11C2wsUVk4qhVh.jpeg)



<hr>


<hr>


### Not Overruling any possibility

Although, who is to say that one out of the packs I sold wouldn't contain a legendary? This is always a possibility. Opening everything and losing out on the potential of getting anything decent, was why I saved some cost dollar value by selling some of them.

 After opening the three packs, I was even more disappointed than I thought I would initially, and they were probably my worst pack-opening experience on splinterlands.

 Another reason why I went on to open then was that I was beginning to get a lot of potion rewards and I had gk put them into good use, having those potions without using them feels strange.


<hr>


### Obtaining Value By Any Means Necessary


I like to obtain value from whatever assets I'm holding, especially if I'm earning them as rewards for constantly showing up and grinding endlessly. The cards I got from the packs filled no need at all. They weren't relevant in helping complete some of the cards I have. 

Even the epic card I got is rarely used by anyone in the game. This made my decision to firstly sell 4, a very decent one and for the first time, I'm flipping my splinterlands returns for hive, which brought a very good feeling to me. 

I also sold some hive engine tokens as well. Got the hive returns and powered myself up some decent 25 hive. I also staked some LGN token, gotten from holding some BRO. I'm looking at getting back something to help me buy back some splinterlands assets, but the returns are still pretty low. 

<hr>

![Screenshot_20230505_173724_Hive Keychain-beta-01.jpeg](https://files.peakd.com/file/peakd-hive/josediccus/EoCfh3LhncAEToXysd5Y2MYnkduQBZfsyRHA7uJxr7ce36uo2VrczkP1B4n5UTNL4RL.jpeg)



<hr>


> **I couldn't wait anymore to sell the packs at a higher price**

 ....this was because, even when the splinterlands' market booms, it's likely to follow the trend of the bull market. Hive on the other hand will boom. 

So why not sell them, and use the profit to earn some potential curation rewards while still standing a chance of selling them higher when the market eventually begins to do well? 

Eventually, I'll have to keep building my splinterlands deck, but selling some assets like packs and vouchers at the moment might help me save some money in hive which I can take out to improve my deck in the future. 

<hr>

### A strategy going Forward

One of the things I planned to do is sell some cards when the splinterlands' Market begins to boom, take the profit, and come back like six months later to buy back these cards at a cheaper rate while having some returns to potentially have more skin in the game or choose to keep some decent profits for myself. 


At the end of the day, choosing to buy hive is never a loss, the profit potentiality is immense, so I'll continuously apply all these tactics to my pack rewards, especially if hive is still purchasable at some decent price. 




 


<hr>

<hr>


> **Interested in some more of my works?**



<hr>


##### [Reviewing A $400 Samsung Galaxy A72 (photos Included)](https://hive.blog/hive-167922/@josediccus/reviewing-a-400-samsung-galaxy-a-72-photos-included)



##### [Hive's Scalability & The Compromise Of Commitments](https://hive.blog/hive-153850/@josediccus/hives-scalability-and-the-compromise-of-commitments)




##### [Money: The Consequences Of Making The Right & Wrong Decisions](https://hive.blog/hive-167922/@josediccus/money-the-consequences-of-making-the-right-and-wrong-decisions)



##### [The Nigerian Economy: Monopolizing Incompetence](https://hive.blog/hive-167922/@josediccus/the-nigerian-economy-monopolizing-incompetence)


##### [The Experiential Process of Understanding Money](https://hive.blog/hive-167922/@josediccus/mcxlpomk)



##### [A Case Of Theft On Hive: Here's Why Some People Choose Scam.](https://hive.blog/hive-153850/@josediccus/a-case-of-theft-on-hive-heres-why-some-people-choose-scam)









<hr>


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馃憤  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 368 others
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@amiableamara
$0.04
 I greatly admire how you are investing in the blockchain. It's worthy of emulation. I will definitely dedicate more time and money to the platform. 
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@josediccus
Thank you, it's profitable as well decent. I try my best and do what I think is best and hope it turns out well.
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![1UP-PIZZA.png](https://files.peakd.com/file/peakd-hive/curation-cartel/23xediR4hotaNsS5pUJrmYVg3YGeTLpui41uCij2jhUDZ4uFT84zoGJf8a8VnfELXLJgt.png) |  <div class="phishy"><u><h4>You have received a __1UP__ from @underlock!</h4></u></div> The @oneup-cartel will soon upvote you with:<hr> __@monster-curator, @oneup-curator, @leo-curator, @bee-curator, @thg-curator, @vyb-curator, @pob-curator, @neoxag-curator__ <hr>_And they will bring !PIZZA 馃崟._
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@deraaa
$0.04
I have some Cards From the Chaos whatever. I opened them and got one Epic. I don't know. I am just hodling. You think I can sell them someday too? I don't play Splinter lands so, it's just lying there. 
馃憤  
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@josediccus
Well, it's possible to sell them, epic cards are not totally valueless. so maybe I'll give you a little tutorial on how to sell them on hive engine later when we talk.
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@dwayne16
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I have been opening my packs too and it has always been disappointing but I believe it is better some time to take some profit 
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@josediccus
That's why I have decided to take profit bro. The pack opening experience has been terrible, so, at least, let me benefit by buying some hive
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@indiaunited
$0.02
Indiaunited Curation 1683367085810
This post has been manually curated by @bhattg from Indiaunited community. Join us on our [Discord Server](https://discord.gg/bGmS2tE). 

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<sub>**100% of the rewards from this comment goes to the curator for their manual curation efforts. Please encourage the curator @bhattg by upvoting this comment and support the community by voting the posts made by @indiaunited.**</sub>
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@josediccus
Thanks for the curation
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@jfang003
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It's never bad to take some profits and I have had some bad pack opening experiences when it's only a few at a time. I prefer to open at least 10-20 to make sure that my luck is better. 
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@josediccus
You're right, luck shines better when opened in larger quantity. But ive opened like 15, not consecutively but gotten nothing decent at all.
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@joetunex
$0.04
The crypto space has made us become our bankers, we move funds around seeking better yields for either the present or the future. You seem to have made a smart move. 
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@josediccus
I think it's a smart move for me because I cannot afford to open everything and lose out on the dollar value of the pack, it's just overall better that I decide to sell some of them for hive.
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@muratkbesiroglu
$0.04
I have 20 chaos legion packs that I won from the chests. I neither open nor sell them. I like the feeling of having card packs.
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vote details (1)
@josediccus
This is true, I guess it gives this true feeling of ownership. I decided to flip mine for some hive profit. I'm doing so by all means
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@pizzabot (edited)
RE: Splinterlands: Flipping Assets For Potential Hive Returns.
<center>PIZZA!


$PIZZA slices delivered:
underlock tipped josediccus 
@curation-cartel<sub>(13/20)</sub> tipped @josediccus 


</center>
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@splinterboost
 <center> This post has been supported by @Splinterboost with a 12% upvote! Delagate HP to Splinterboost to Earn Daily HIVE rewards for supporting the @Splinterlands community!</center> 

 <center> [ Delegate HP ](https://peakd.com/@splinterboost)  | [Join Discord](https://discord.gg/RK4ZHKmgcX) </center>
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@takhar
I have this assumption in my mind that all roads lead to Hive in a sense that anytime the opportunity presents itself, most layer 2 tokens will be swapped for Hive. Hive is the opportunity of the opportunities. 
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@josediccus
I'm merely taking profits. Splinterlands is as solid as hive and not totally the layer 2 thingy. Some people prefers more investment on splinterlands actually. I just decided to take back solid profits.
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@takhar
$0.03
Right. It's the game that put Hive on the map in the gaming space and beyond. A solid project on Hive with a good track record. 
馃憤  
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vote details (1)
@underlock
$0.05
!1UP Good work!

<center>https://i.imgur.com/M8AkKa4.gif</center>

---

<center>[![](https://cdn.discordapp.com/attachments/976968625187598376/1010147573287354430/unknown.png)](https://discord.gg/zQrvxAu7mu)</center>

!PGM !PIZZA
馃憤  
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vote details (1)
@josediccus
Thanks for the curation again. Wow.
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@pgm-curator
<center>Sent 0.1 PGM - 0.1 LVL- 1 STARBITS  - 0.05 DEC - 1 SBT - 0.1 THG - 0.000001 SQM - 0.1 BUDS - 0.01 WOO tokens </center>

<center><sub>remaining commands 0</sub></center>


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***
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