Hey guys,
today I want to share my thoughts about rent.
I hear a lot of people complaining about the high renting prices hours before the season ends.
Things like:
"Old players rent out expensive cards"
"The prices are nuts"
"These people are greedy"
First of all I am not a fan of judging other peoples story without even knowing them. But as a human we just tend to judge immediately. Which is alright. But at the same time the moment we judge we might miss the opprtunity to see the bigger picture.
I am still very new in this game. I don't even play for 3 weeks. But I already invested more than 4k in Splinterlands.
I made some stupid deals. And I think I made some good ones too.
But that doesn't matter. Because I am here for the bigger picture. I think that this game has massive upside potential and that we are just getting started.
So back to the rental system.
I did the math.
Well it sounds cheesy and actually it is just basic math :)
Here is what I did:
I skipped Silver III to end up in Bronze I in the previous season.
3 loot chests more didn't seem worth it. It actually is worth just 66 DEC. At least at the time I made this decision.
So I thought why not try to max out my earnings on the last day and make some DEC!
"Oh you greedy fuck"
I like money. And I like DEC. And I am not here to judge. You can judge me. That is fine.
But I want to be fair when I rent out my monsters. And btw I am not the guy who cancels your rent just to re-rent it to you for 10x the price. I could have canceled many deals. But I knew people want to rely on the things they rent. That's just fair.
So I looked up the prices. And as a new player I was really excited to see those high prices. But I call myself empathic. So I Always gave a huge discount on all my rentals.
A Gold Death Elemental: 99 DEC for 2k power.
So I offered it for 79 DEC. I did this kind of thing with all my offers. And they all went through.
That way I made almost 10x more in DEC instead of shooting for the moon (what I do anyways I just do it slow and steady) and hoping to draw a gold foil legendary.
You can see that I almost rented out 100 % of my cards offered on the overheated market.
Is this unfair?
I don't know.
But I know that this is just human behaviour. People ask for something and others fill their need. And as long as the others are willing to pay the price we have a healthy economy.
Going off script here a little bit. I just bought 4 Iron Maiden Standard Packs on the secondary market at atomic hub. For 12 $ each. And I opened one.
I pulled out a legendary card which includes a physical redemption.
"The owner of this Seventh Son Eddie Digital Pop! on Jan 28, 2022 will receive a Redemption Coin in their wallet which will be redeemable for 30 days for a free physical Pop! at digital.funko.com."
I looked up the card price and it starts at 60 $.
Is it worth it?
I don't know. And I don't care. The thing about cards, NFTs, loot chest and the crypto sapce is, that they all have their own charme. I feel like lot of it is too complex to just put a price tag on it. But at the same time I saw that the Iron Maiden Packs sold out in just a few hours may be even less. My basic understanding of math, remember? :)
In the end we are all here to have fun, to make money and to be part of something epic. This is crypto and this is still the wild west of finance.
So my suggestion to you is, if you are still here, don't judge. Just enjoy crypto and max out your profits. Because this could all be over tomorrow. Don't take it for granted.
By the way. If you want to watch what I do, check out my Youtube:
And just in case you are new and want to get started:
Get started with 2 free cards. Just comment here or on my Youtube.
Peace!
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Thanks for sharing! - @ashikstd
Well said.
hmmm this is an interesting strat.
So is this still in account for the improved Dec per win now or before?