Goldman Sachs released a warning about how "Bitcoin Is a Fail for Retail Investors" in a recent article.
In this article they list the 5 Characteristics of a Reasonable Investment.
• Generate steady, reliable cash flow on a contractual basis, like bonds
• Generate earnings through exposure to economic growth, like equities
• Provide consistent and reliable diversification benefits to a portfolio
• Dampen volatility
• Provide consistent and reliable evidence of hedging inflation or deflation as a store of value
What I want to do is see if Splinterlands meets all of these characteristics..
The first characteristic is "Generate steady, reliable cash flow on a contractual basis, like bonds"
From my own experience I have definitely generated steady, reliable in-game income that is always executed by the blockchain and smart contracts.. So check ✔️
The second characteristic is "Generate earnings through exposure to economic growth, like equities"
As Splinterlands has grown over the years, the growth has been consistent, and when the crypto market has went up.. Splinterlands has went up most/if not the entire time..
Check for the second one as well ✔️
The third characteristic is "Provide consistent and reliable diversification benefits to a portfolio"
Well the 7 Streams of Income are as followed..
• Earned - Playing tournaments and daily battles
• Profit - Buying and selling cards/items for profit
• Rental - Rental market through peakmonsters (soon on SL site)
• Interest - Multiple interest options with renting and staking
• Capital Gains - Most if not all Splinterlands assets have increased in value
• Dividend - SPS Airdrop
• Residual - Multiple passive income channels
That is a check for number 3!! ✔️
The fourth characteristic is "Dampen volatility"
That basically means "dip resistant" which if you look at all of the recent dips over the past year or so, Splinterlands has only seemed to go up!
Compare the above chart of Splinterlands marketcap to this chart of Bitcoin..
Check for number 4.. ✔️
The fifth characteristic is "Provide consistent and reliable evidence of hedging inflation or deflation as a store of value"
Now from all of the data provided above.. Would you say that Splinterlands provides consistent and reliable evidence of hedging inflation as a store of value?
Most of my investment in the crypto space has been in Splinterlands for years.. I even had some Bitcoin when it was at $500 and Ethereum when it was less than $10, which I ended up putting most in Splineterlands a long time ago, and I am up higher than I would have been with either of those (and many others)!
I would say that is a check for 5 as well! ✔️
In conclusion, I think Splinterlands meets ALL 5 characteristics by proving itself year after year, and only continues to make leaps and bounds over the competition!
Keep in mind this is just my opinion. I am very into TCG (trading card games) and I also have researched blockchain & investing for myself for almost a decade. Everyone should consult their own financial advisors and do your own research!
Splinterlands is free to try and has an amazing community!
Play here: https://splinterlands.com
Discord: Splinterlands Discord
(Disclaimer: I am not a financial/investment advisor, and this is not financial or investment advice.)
Fantastic article right here!
Thanks brotha!
No doubt, Splinterlands recent push up compared to the ongoing down trend is very impressive. just from my own observation I agree Splinterlands has proven to give stable income plus rising card prices and overall more utility.
Can't wait for SPS to launch :-)
Yes I agree! I am ready to see what it ends up trading at.. ;)
The rewards earned on this comment will go directly to the person sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.