RE: GLX Airdrop Could Be The Next SPS! Do Not Miss Out!!!

[bitcoinflood]

I see us having a spike again when the game is released but outside of that I have a feeling it's going to slowly go down now.

Posted Using LeoFinance ^Beta

Comments

[xplosive]

Similarly to SPS. It fell down over time. I regret not selling any SPS, while it was around $0.90 USD. Currently it is $0.043 USD.

[bitcoinflood]

Yeah that's kind of where I'm at I'm doing a 70/30 split at the moment selling off 30% of what I make in the airdrop etc and buying up honestly SPS for the most part lol

[vimukthi]

SPS did see two spikes followed by a long bear market for the Token after the initial 6 months. It would not hurt to trades based assuming as you do IMHO.
!PIZZA

[bitcoinflood]

There is a pretty big difference here though well really two

1. Splinterlands was an active game while GLX is not yet
2. SPS Was during a crazy bull market while GLX is in a deep bear market.

[vimukthi]

Those are good points. There are still silver linings here:

1. GLX does have some backing from legacy brand MLSPA behind it. I'm not in the know enough to say how big of a deal MLSPA is. At least they seem important when it comes to sports.
2. We might not be far from relief in the bear market. Crypto.com is a sponsor of FIFA 2022. They are already managing FTX situation well. The general market sentiment may end up being more mixed than negative.

Maybe I'm being too optimistic here. I have long term faith in GLX. The question is regarding the optimal trading strategy for the short and medium term. Best of Luck!
!PIZZA
!CTP

[bitcoinflood]

Excellent points. So many variables in all of this lol no one can ever predict it. Stack and Stack!

[vimukthi]

At least that seems to be the most stable strategy as well as the least stressful one.