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1. | parent_author | "" |
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parent_permlink | hive-13323 |
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author | mawit07 |
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permlink | buying-drying-up |
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title | "Buying Drying Up?" |
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body | "
The daily market for buying and selling cards seems to be steadily declining since introduction of Conclave. This almost feels like the current US housing market. There are plenty of assets at high value but not enough buyers. The hope is this glut in demand will sooner than later end and more liquidity is put into the Splinterlands market.

The supply of DEC is at highs so there is liquidity in the game, but trades are not bountiful.

Not only are card sales low so is the rental market. I have been revising my prices and adding more cards to the open market and now with a few days left in current season it appears I finally got some renters. Slowly but surely my passive earnings in DEC is being stacked for land production and hopefully I will yield some decent returns in the coming seasons.
Meanwhile I remain on the sidelines when it comes to playing rank battles. I still see it as a better route to passively earn more DEC via renting out my cards for the foreseeable future. I want to keep my land production as efficient as possible now so that I can let it run at full capacity. My current deficit is staggering.

I do not even have that much in cards staked in the land plots, but basically less than 15% production out of all my plots. I hope to reach closer to 80% before I decide on playing rank battles again. I simply need the trading market to rise and in turn boost demand in rentals.
Another thought is to sell cards at lowest market price just so that I get more liquidity. It is taking a while to sell as my cards are not in high demand compare to the Conclave and Rebellion sets.
To make matters worse Hive is running in a down trend compare to DEC so I am not willing to trade my Hives for DEC. Instead I am rolling my liquid Hive into staked HP to build up voting power and earn more HP through that. I am going to bet Hive will running up again in the future but for now continue to build up HP.

On the flip side I may want to exchange my DEC for some Hives and remain liquid in Hive. I would be betting on Hive rising again, but difficult to know if this is really a bottom price for the token.

DEC to Hive is near a all time high for the year. If it breaks through then it would be better to have held my asset in DEC. As of now I am staking a ton of my liquid DEC over on SPLtrader.com.

I hope to hit a million in DEC before I liquidate and spend it on other assets. It is one of my most liquid assets right now, which I prefer to keep it that way. I could pull some out and apply it to my land plots, but my hope is to achieve enough yield on SPLtrader to offset my spending last month before liquidating.
There are plenty of ways to earn passively and I am just looking at some of the options. I still want to spend my liquidity but on the same token not seeing demand rising nor prices falling as much as it makes me want to spend. I am patient as long as I am steadily growing my liquidity and assets. Like the old saying buy low and sell high is what I hope to do.
Until next time thanks for reading!!!
!\[\](https://images.ecency.com/DQme3ym78FKriCZgaefQKTXsTVfXaLTyoeavoMSTYFRN3eX/image.png) If you want to play splinterlands then [SignUp Here](https://splinterlands.com?ref=mawit07)
_I have plenty of other cards for rent! Just go on peakmonsters and check out the market place and if you are curious what I offer here is a link:_
[mawit07 rentals](https://peakmonsters.com/@mawit07/cards)
### If You have yet to take part in playing this great game called Splinterlands please click on my [referral link](https://steemmonsters.com?ref=mawit07). It is free but in order to earn real assets such as cards and token you would have to invest in a starter deck or purchase game cards. Join the [discord](https://discord.gg/ZPdUpszf) to learn more. Good luck!
https://cdn.steemitimages.com/DQmVmG1doPXgjwjKh8hqRVhgEsfPQhkiMs96J55U5gvfvUT/divider.png
### **THANKS FOR READING! CONTINUE TO PLAY SPLINTERLANDS!**
https://cdn.steemitimages.com/DQmVmG1doPXgjwjKh8hqRVhgEsfPQhkiMs96J55U5gvfvUT/divider.png" |
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memo | "Ruby is rubbish! PHP is phpantastic! - Nikita Popov (2025-06-13T03:22:26.486Z)" |
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