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RE: Why I am selling my SPS?

in LeoFinance4 years ago

Question for you as I'm a bit of a newb? I'm wondering why I should keep my DEC? I'm a casual player in bronze, earn 6 sps a day via drop and figured I would sell my 35,000 DEC. I'm not sure why having it matters so I'd like to ask you. If I should keep it and accumulate more I will. thanks.

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Not the OP but the more DEC you have, the bigger your daily SPS airdrop. Also you can buy and rent cards with DEC, so those are the reasons you might want to hold onto them!

Well I feel like SPS value and probably DEC will drop. I have about $1000 worth of sps and dec. But I don't want it to turn into $200 or worse. I'm just trying to figure if there is some really compelling reason not to sell my DEC. I can't figure out why it is still over $.01. It has to crash, right?

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well that is part of why I am selling my sps to put in the pools, it allows me to get some stablecoins while still earning more SPS in the process

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I guess maybe you're right - DEC is supposed to be pegged at 1000 per USD, so logically it should crash. But it hasn't really yet, and I know DEC is constantly being burned by players, so maybe there's nothing preventing it from going up if new players keep flocking into the game and needing more DEC.