Week 28 of the 52 Week Pack challenge I open a pack a week of Splinte ...

in DBuzzlast year

Week 28 of the 52 Week Pack challenge

I open a pack a week of Splinterlands Chaos Legion. The return on this pack was a shabby $0.81. The cumulative cost at this point is $63, while the return is now at $86.12.

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0.81$ value is not much, so usually only if summoner/legendary card you are in plus?

Most of the packs are negative. There have been a few good summoners that have made the difference. Here's a good tool that helps determine if packs will be profitable based on purchase price https://www.splintercards.com/tool-packvalue.html

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That's a good return in my eyes and on top of that you're also having fun in the game :)

YTD is good. Weekly is a rollercoaster! It helps that card values improved this season.

This is just my guess; I think that you will get a much better return by the time more and more people will join the game, as the demand will increase as well.

Just curious, how liquid the cards are? Will you be able to sell it right away?

Cards are liquid. There's a market for almost all cards, but the high value cards don't sell as quickly. The growth in Splinterlands for new players is pretty flat. I hope it will grow, but it may have reached it's maturity level. Hard to predict, but play2earn is only as good as the next big thing.

it may have reached its maturity level

I think so too. That's why I'm having doubts if it's worth the try to learn about the game and actually invest in it. I'm gonna have to do some more digging :)

I've been at it for a year now. What I have decided is that the investment must be able to stand on its on legs. There's a lot of noise that things are about to blow up, moon, reach critical max, flywheel and lots of other busy words. But for this year, my focus is "What is it doing for me today?" If the game/investment/strategy isn't able to support itself with growth and dividends, then it's not for me. Ask me in a year, and I will let you know if I recouped my losses and ended with a profit.

I just bookmarked your comment (it's a first for me).

What you said here is worth keeping, so I can have something to think about and will be considered on my next move. I enjoy my interaction with you.

Btw, I noticed a bot "auto downvoting" you, it's annoying that it's blindly downvoting without even vetting the content. Anyway, I will move on :) ~ you may ignore this part of my comment.

$0.81, you are rolling in the money!
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I'm playing the long game. I think the year will end with a profit. I'm not sure what soul cards are going to do to the game. I think that impact will take a while to show up.

CHAOS trades at $2 on the exchange. I'm waiting for $1.50 - $1.70 to buy some packages.

Yep. I never thought it would be above $1.50 again. I should have loaded up some at $1.35.

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