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GLX is another Gem Coin as SPS in Splinterlands by reeta0119

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hive-167922 · @reeta0119 · (edited)
$30.85
GLX is another Gem Coin as SPS in Splinterlands
I always believe that in a bear market, we get to know some gem coins and but the disciplined investment can be turned out to be a great profitable decision. We always cannot bet on Bitcoin because we know it is expensive and not a cup of everyone's tea so the better approach would be to find some valuable projects and invest in them with a long-term approach and wait for the right time. The one I'm going to talk about in this post is surely a valuable and undervalued token and it is struggling because of the use case which is not available since the game is still under development. 


We can understand that if there is no specific use case in place then the demand for tokens will also be limited and that too when people are getting free tokens every day then it is bound to happen that many of us will try to book profit. I do not understand the reason why people book profit on something that is even not built and I believe the same is happening with GLX.


![image.png](https://files.peakd.com/file/peakd-hive/reeta0119/23ydTDD6qZnuXZrwmTYSpcDDUQE6764w8S6UW6qw9KX15y4gtgiDo1G1TpEiW8TGt6TAn.png)


#### What is GLX

GLX is the governance coin for the genesis league sports game which is another game by the same team that created splinterlands So what will be your expectation from this governance coin? The AirDrop for the glx ward started in October month 2022 and by now we are about to complete six months of the airdrop distribution. The one thing I would like to highlight here is that for the first time, I have seen such a long-term AirDrop on this platform only where it continued for the entire year and this trend started with sps in 2021 I ain't even now in 2023 we are getting GLX tokens every day. 

#### How I am doing with GLX

as I believe the long term we are just peers then I follow the same strategy with glx as well and have been accumulating all the tokens since day one. I know that I'm not pro in investing but one strategy I always follow is for the long term and with GLX, I have the same strategy that I will continue to accumulate all tokens I received through the AirDrop. There is no plan to sell off and book profit because I know things are going to be interesting and much more valuable once the game is available and I hope this will not take too long. 

I have more than 30,000 sps in my account and based on that I get some glx every day which I deposit in my game account so that I can earn an apr of more than 100%. Currently, it is 110% which is mind-blowing and I don't want to miss it. I am heading towards my holding of GL X for about 5000 in total but over the period, I will continue to increase because as I already mentioned my goal is for the long term with this token as well. 

![image.png](https://files.peakd.com/file/peakd-hive/reeta0119/23zbW8jKnSdBKppu8duZvNpN8Q1KsexcccWnkheFKqa23wWu9qEeu6Chk3jbBf5y6RhxD.png)

[src](https://genesisleaguesports.com/token/glx/)

#### Strategy with Genesis League

I am a slow learner in games and I know that it took a long for me to be familiar with card games in splinter lands so I'm not sure if genesis league would be an easy go for me. Although I will be trying to explore the game and see if I can play it like the card game but if not then at least I will think of investing in some of the assets that also include GLX for sure. I expect that the team will be making it so much fun and they are on it so it is too early to conclude hence I'm just waiting for the game launch but in the meantime, I'm also trying to accumulate more tokens because you never know when there can be another earning opportunity on the project. 

***

*So this is my plan and strategy that I am following with this upcoming game called genesis league sports and as of now, there is no update from the team that when they are going to bring it live for the community. Most probably we are going to see the game this year but again we cannot comment on these unless there is any official announcement by the team itself so let's just keep on waiting and also keep on accumulating various assets including the glx tokens with a great hope that it will bring a lot of value post the game launch.*

***Thank you so much***
*Stay Safe*


Posted Using [LeoFinance Alpha](https://leofinance.io/@reeta0119/glx-is-another-gem-coin-as-sps-in-splinterlands)
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@ecency · 
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@muratkbesiroglu · 
I also believe that now is the time to invest in GLX. I sold all the airdropped GLX  before. I started to accumulate GLX this week. Now it seems a good bet.
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@reeta0119 · 
You did right because it's like sell and buy low to have more tokens. This is nice strategy and I too believe that GLX can be a good bet
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@poshthreads · 
https://leofinance.io/threads/view/reeta0119/re-leothreads-2wj3scaxe
<sub> The rewards earned on this comment will go directly to the people ( reeta0119 ) sharing the post on LeoThreads,LikeTu,dBuzz.</sub>
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@splinterboost · 
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@steemmonsters · 
**Thanks for sharing! - @lenonmc21**
![](https://media.giphy.com/media/W4QD5qT1u6OJV1ENXU/giphy.gif)

Good post about GLX, and good thoughts about the game, consistency can bring you good fruits.
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