Everything you need to know about Splinterlands as a Beginner

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Hello, the beautiful people of Splinterverse. Hope you all are doing great and enjoying the game every day. I hope you all are enjoying the game every day and new land expansion 1.5 is coming into the Splinterlands, which is a clear sign of the game's bright future! Today I am going talk about the game for beginners who are willing to jump into the Splinterlands ecosystem or already started their journey recently. Here I am summarising and updating the basic facts that I have discussed in my journey in different Splinterlands blogs in Hive. In a single sentence, this is the best time to enter into the project just on the eve of the coming bull cycle in the crypto world. And in this post, I am going to evaluate why you should enter into the great journey with Solinterlands more sensibly not being biased or any speculation from others.

Why to join Splinterlands?

There are so many points to say here among the most important are mentioned here in my opinion. Being one of the oldest and most successful blockchain games, it has the most number of active players in the whole space. Being a part of the amazing Splinterlands community, I am satisfied with the following consideration Splinterlands is working and supporting the players and the game is moving forward.

  • The developers always share the facts and the progress each week to present data and information that highlights the current situation of the game development and the company's performance. This can help users to grab the overall scenario of the game's progress.

  • The publish their roadmap on a regular basis with possible delays and explanations of the proper situation.

  • I admire the solutions or strategies that the company is taking to address the situation regarding the bots, and SPS staking. Users may feel reassured by knowing that the company is taking proactive measures to improve its performance and trying to keep the player's concerns at the top.

  • Splinterlands provides specific details about the steps the company is taking to develop or expand the company to demonstrate its commitment to improving the user's experience and make the game profitable.

  • It's important to offer reassurance to users that the company is taking proactive measures to improve its performance and protect their interests along with the players' interests. Splinterlands has grown a strong bond with the community from this perspective.

  • Finally, it's important to encourage users to reach out with any questions or concerns they may have. This can help build trust and foster open communication between the company and its users.

  • Splinterlands is offering adequate resources and support to users in various ways to solve any problems of the community members.

Making the best use of Splinterlands NFTs

Splinterlands is an NFT-based game so it is very important to make a good plan with practical observation and experience to avoid any big loss and think deeply to utilize them to make your Splinterlands journey a smoother one in any situation. The most effective way to use Splinterlands NFT cards will depend on your objectives and preferences. But here are some general points of view to consider as a new player I want to remind you.

  • Don't stop playing as the valueless rewards will make you happy in the future with more opportunities. Remember, BTC also touched the 15K level last year!

  • In any project in the crypto world, it is the most important step to stay calm and avoid making any hasty decisions that could worsen your losses. The market changes very fast and any wrong decision can destroy your journey. So, take your time control your emotions, and have a deep thought before going to the next step.

  • Creating a good and balanced deck is much easier nowadays which should be considered. A good deck should have a range of cards that balance each other's advantages and disadvantages. Recognize each card's special abilities so you can utilize them to your advantage. The key to winning fights is understanding these powers.

  • You can offer your cards new abilities and better stats by upgrading them. Prioritize strengthening your strongest cards when upgrading them.

  • Taking part in tournaments can lessen your loss as these tournaments provide you an opportunity to compete against other players and earn rewards. Take part in as many competitions as you can.

  • Start by analyzing your current holdings, their performance, and how to identify which cards have been doing well from the battle aspects to the market aspects. This analysis will make you competent for your next investments.

  • Sell or trade additional cards if you don't need them: If you have extra cards you don't need, think about selling or trading.

  • Go over your approach to investing and reassess your plan. Since you made your initial investment in the game, your financial objectives may have evolved. It's critical to reevaluate your short- and long-term objectives and modify your asset allocation as necessary. Consider whether you now have a different degree of risk tolerance. If so, modify your investing plan to take into account your loss and your level of tolerance.

  • Examine the issues that led to this huge loss so that it doesn't happen again. Did you, for instance, overinvest in one asset without considering its potential? Have you bought into speculative hype without conducting adequate research, analyzing market trends, and considering the asset's use cases—such as purchasing pointless monsters—?

  • Seek guidance from seasoned players who can offer unbiased opinions on your investment plan and risk management for the Splinterlands game by reading their helpful blogs in the hive. They may assist you in making wise choices and preventing more losses.

Be updated with the Splinterlands assets market

It is very important to stay aware of the market direction to get proper knowledge and preparation for the next movement of these assets. Always check the price of SPS and DEC for starting your exploration as these are the two major assets in Splinterlands and both of them have a great use case. Day by day their use cases are being increased and that shows the great future of these assets!

PLOT, Cards, and card packs are the most important assets in the form of NFTs which are really necessary to have a look always to be profitable in the journey. From the market, it can be observed that the price of the riftwatcher packs is very strong Chaos packs are selling at $0.75 and the RIFT packs are not too much in circulation as they are expensive due to the potential of having some great pulls! Another shocking thing that can be noticed is that the LAND integration is just a couple of days ahead but the PLOT price is still stuck in the 80 bucks range which is not a good sign.

Other assets like the voucher, license, tower defense packs, and Genesis leagues token GLX and GLS are also important assets related to Splinterlands. These are optional in my opinion.

Another great Splinterland asset is the LICENSE which is gonna be a great asset in future. While a license is now at 2500 bucks from the official store it can be bought at around 500 bucks in the hive market which is really a great opportunity if you explore the current market situation.

Earning Options

  • Still, the best way of earning tons of SPS is battling which is becoming difficult every day. Keep battling for more earnings.

  • The 2nd best strategy with stacked SPS and POOLs in different chains which can be explored from the game SPS section.

  • Do the brawl every 5 days

  • Participate in the tournaments

  • Rent Cards in the market

  • Trade cards or Splinterlands assets

Make a plan for the future

It is very important to make a good plan with practical observation and experience to survive with such a big loss and with another potential risk that completely destroys your Splinterlands journey. It is the most important step to stay calm and avoid making any impulsive decisions that could worsen your losses. So, take a breath and rest to cool down your emotions and thoughts before going to the next step. Before going next step, you have to prepare yourself to rethink everything.

  • Review your investment strategy and re-evaluate your investment plan. Your investment goals might have changed since you first invested in the game. It's essential to reassess your short-term and long-term goals and adjust your assets portfolio accordingly. Also, assess whether your risk tolerance level has changed. If it has, then adjust your investment strategy accordingly to your loss and how much you can bear.

  • If you decide to sell your holdings to prevent further losses, do it carefully but my honest opinion is not to sell in this crashing market movement which is going to change very soon. If it is urgent then don't sell everything at once, instead consider selling in increments over several days or weeks to minimize the impact of price volatility. Sell the assets that are performing poorly or that are not aligned with your investment goals.

  • Analyze what went wrong to avoid such a big loss in the future. For example, did you invest too much in one asset without checking the potential of that asset? Did you follow speculative hype without doing proper research and market trend analysis and the use cases for that asset like buying the useless monsters?

  • Seek expert advice by reading useful blogs in the hive from experienced players who can provide objective feedback on your investment strategy and risk management for the Splinterlands game. They can help you make informed decisions and avoid future losses.

The underlying risks I have faced

My total investment in the Splinterlands game is more than 2000 bucks and currently, my card collection drops to $950.00 which is really pathetic, and now I need to rethink everything that I have seen in the space. The choice and the formal statement that have been leaked and talked about all over the internet and in the community must be taken into consideration, even if such dumps and pumps are a common occurrence in the cryptocurrency industry. One positive thing I have observed throughout my stay in Splinterlands journey is that the community is large enough to accommodate any party's or whales' unlawful wishes. However, there are a few things I would like to encourage the new players to keep in mind while making investments. Right now is the greatest time to do so because all the cards are really inexpensive, making it easy to assemble a powerful deck!

  • Cryptocurrencies and digital assets' high volatility can significantly impact earnings for players earning them through games like Splinterlands. The price of DEC and SPS has fluctuated significantly, making it difficult to earn a single coin. However, earning 10-20 cents per SPS can be a dream for players.

  • The NFTs market is volatile, particularly for play-to-earn games like Splinterlands. The crashing prices have caused significant losses, but the subsidy offers rewards throughout the day, week, and season, keeping NFT's total values around 950 dollars. This is considered a significant risk management strategy.

  • Time management is crucial for players to maximize rewards, but many struggle with regular battles and tournaments. Non-players can earn passive income through renting, but the market has recently been unfavorable.

  • Developing blockchain-based games requires a significant investment in time and resources which can make the game a sustainable one. There is always the risk that a game may not be successful in the long run but I am satisfied with the Splinterlands team in this issue as they are constantly evolving their roadmaps.

Conclusion

It is not always the case that projects will go as planned, therefore we must consider which group—the larger group or the small group of whales—will gain the most from the endeavor. It's crucial to become an authority in the game you're playing if you want to optimize your profits. Keep up with the latest game updates and modifications by learning the most effective tactics for winning battles and obtaining prizes.

I hope you find some of these thoughts and discussions my thoughts important before your journey to Spolinterlands. If you have any kinds of queries, you can ask me in the comments. I will try to answer at my level best. Thanks a lot for your time and attention, I will catch you at the next one.
Have a great day!

And, If you want to be a proud member of the Splinterlands community and enjoy the magical world of hundreds of monsters and strategies for your battle you will have the opportunity of amazing battles with some extraordinary monsters with amazing abilities that will uplift your online gaming experience to a new level. You can enter the Splinterverse through this link sign up to join Splinterlands

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Thank you so much for your time and attention.
I will catch you at the next.

All the images are prepared by me from the Splinterlands, Splintercards, and Peakmonster resources.




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