This is the value of my splinterlands cards!
Greetings friends!
Last months of 2021 had been the golden period for splinterlands. During that time splinterlands cards price were at their peak. The value of my splinterlands cards were more than $30000 at its peak. Since then it started decline and now they are dumped.
As you can see in the above screenshot that the present value of my splinterlands cards is just around $440. It means splinterlands cards lost more than 90 percent of their value since the end of 2021. I made a mistake thereafter. I purchased more cards despite a sharp decline in cards' price. It gave me a lesson that when an asset price is at its peak, it must be sold. Greed is not a good thing in such markets. This may also happens with other cryptocurrencies. They are having a good time but bad time may come soon.
As there is no hope of revival of splintelands, these cards have become useless for me. I am using them only to play in guild brawls because I won't pay the company to play in wild format and get useless reward cards as reward which I can't even sell or transfer. So, there is no use of investing in this game anymore. It will only give you a loss.
Thanks!
This also happened with my staked cards. Once their value was more than $5000 and now its below $100. What a loss for me!😪
Tough story, but a powerful reminder: timing the market and controlling greed can make all the difference.