When I first set my sights on accumulating 500,000 SPS tokens, the idea seemed like a distant dream. Fast forward to today, and I’m thrilled to announce that I’ve crossed another significant milestone in my journey: 418,797 SPS staked and 5,923 Hive Power. The road hasn’t been without its challenges, but each step has brought me closer to my long-term goal of positioning myself for the inevitable growth and rewards that will come with the expansion of the Splinterlands ecosystem.
As I continue to accumulate and stake my SPS, one of the key lessons I’ve learned is the power of consistency. Every time I acquire new SPS, I stake it right away to earn more SPS through the staking rewards. This approach isn’t about quick profits—it's about slow, steady growth. Staking my SPS at over 10% APR has been a game-changer. While the percentage may seem small, the compounding effect of staking rewards accelerates the process, inching me closer to my goal bit by bit.
In addition to staking, I’ve maintained a strong focus on building my Hive Power. With 5,923 Hive Power today, I’m increasingly involved in the HIVE ecosystem, participating in curation, supporting creators, and expanding my influence within the community. I’ve seen firsthand how both SPS and Hive Power work synergistically, not only rewarding me in the game but also providing me with additional influence and passive rewards in the broader HIVE ecosystem.
Hitting 418,797 SPS staked is a huge milestone, and it's the result of disciplined accumulation and reinvestment. Every transaction, whether small or large, has been an integral part of my long-term strategy. I've used platforms like Hive Engine to acquire SPS through Hive and immediately reinvest it into staking. The process of moving my SPS into the game, staking it, and watching my rewards grow over time has been incredibly satisfying.
With this milestone, I’m getting closer to my target of 500,000 SPS. I can already see the growth in my in-game rewards, and the higher my stake, the more I’m able to participate in governance decisions and access exclusive benefits in Splinterlands. I’m not just an investor; I’m an active participant in the future of the game.
While I’ve come a long way, I’m not stopping here. 500,000 SPS is just the beginning. Once I reach that goal, I’ll set my sights on 1 million SPS, a figure that will allow me to reap significant rewards and participate even more actively in the game’s growth.
In addition to increasing my SPS stake, I’m continuing to focus on growing my Hive Power. Having 5,923 Hive Power is great, but my next goal is to reach 10,000 Hive Power. This will not only increase my influence in the HIVE ecosystem but also open up more opportunities for content curation, community governance, and staking rewards. I believe that HIVE, like SPS, will continue to grow in value as more people see the potential of decentralized systems and the importance of supporting platforms that encourage community-driven growth.
As I continue to stake SPS and accumulate Hive Power, I’m also preparing for the potential bull run. We’ve all seen how markets can surge when the right conditions align, and when that happens, I want to be fully positioned. While I plan to hold the majority of my SPS and Hive Power for the long haul, I’m also ready to lock in profits when the time is right.
It’s important to stay level-headed during periods of extreme market euphoria. With Splinterlands continuing to grow and the broader blockchain and gaming sectors on the rise, there will likely be moments when it’s wise to take some profits and diversify. This is part of my broader strategy—staking for long-term growth while being mindful of market conditions and preparing for profit-taking when the time is right.
As we move forward, I feel optimistic about the potential for SPS and the entire Splinterlands ecosystem. I believe the upcoming set releases, SPS burns, and growing interest in Play-to-Earn games will continue to fuel growth in the token. We may see a rotation into altcoins once Bitcoin and other large cap cryptocurrencies reach new highs, and I want to be ready to take full advantage of that momentum.
The decline in DEC supply is also a positive signal for the game’s economy. As the demand for in-game assets increases and players begin burning SPS to acquire DEC, I believe the SPS burn mechanism will have a significant impact on the value of SPS in the long run.
Now that I’ve reached 418,797 SPS staked, I’m focusing on continuing my accumulation strategy. Here’s what I’m doing next:
By sticking to my long-term vision, staying consistent in my staking strategy, and taking advantage of key opportunities, I’m positioning myself for future growth in the Splinterlands ecosystem.
Reflecting on this journey, I’m reminded that consistency is the key to success in any long-term investment strategy. While it may be tempting to chase quick gains, building sustainable wealth takes time, patience, and focus. I’m incredibly grateful for the community and the opportunities that Splinterlands, SPS, and HIVE have provided. As I move closer to my goal of 500,000 SPS and continue to stake more tokens, I’m confident that the best is yet to come.
Thank you for following my journey—here’s to the next chapter of growth, investment, and success!
If you wonder what is the best way to get involved you can use my link to begin your Splinterlands and HIVE journey.
Awesome! Those are some big goals there - but slow and steady at the beginning, and then exponential. At least that's the theory 😄
Funny enough, I had just posted about some milestones I achieved a few minutes before you it seem - it's milestone season! My goals are somewhat lower though 😆
If you'd care to read:
https://peakd.com/hive-13323/@beelzael/i-reached-some-personal-milestones
Congratulations on achieving 100k SPS milestone. Card milestones are fun too :) And it is interesting that you are also working on raising your HIVE power! Great job! My votes are still tiny but everything helps so I voted on your post and comment :)
Thank you! Mine are very small as well, but it feels good to finally see a 1 at the end of the 0s :-D
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https://www.reddit.com/r/Splinterlands/comments/1hc4rwf/my_progress_towards_500000_sps_staked/
The rewards earned on this comment will go directly to the people( @seattlea ) sharing the post on Reddit as long as they are registered with @poshtoken. Sign up at https://hiveposh.com. Otherwise, rewards go to the author of the blog post.
Thank you for the upvote!
Greetings my friend, congratulations, you are really demonstrating the power of perseverance and discipline. Best wishes.
Thank you!
Nice man, I kept most of what I earned during the airdrop.. got me a little under 550k
Now I am staking what I earn.
You must have had a lot of assets for the airdrop, I earned fairly little from airdrop
Thanks for sharing! - @yonilkar