Road To 10K GLX: Staking Daily Even With 1% APR Dropping Rate
hive-167922·@luckyali·
0.000 HBDRoad To 10K GLX: Staking Daily Even With 1% APR Dropping Rate
 _______________________ GLX [APR](https://leofinance.io/@leoglossary/leoglossary-annual-percentage-return-apr) Is dropping daily by 1% which is fast and it is because of people staking more GLX [tokens](https://leofinance.io/@leoglossary/leoglossary-token) also the airdrop is going on so instead of selling people like to stake all the tokens they are getting from the airdrop money. Why we have to focus more on genesis league because it is a blockchain gaming project from the experienced gaming company Splinterlands. They know what they are doing for the better future of the genesis league like they did for the splinterlands. _______________________ Now many users joined Splinterlands in the [bull](https://leofinance.io/@leoglossary/leoglossary-bull) season and they entered at the peak price like most of the new investors do with the [bitcoin](https://leofinance.io/@leoglossary/leoglossary-bitcoin). Here the problem with most people is emotion. They invest emotionally like one sheep following another sheep. Do you know what is the right time to enter the market? when everyone is doing panic and currently same thing happening with the splinterlands. _______________________ This happens with Bitcoin many times. Now the same scenario repeats with the SPL. [Assets](https://leofinance.io/@leoglossary/leoglossary-asset) are cheaper so it is a good time to buy and that is what I am doing. I am not following my emotions and focusing on buying more. This is the reason I reached 100k sps tokens. There was a time when you could book profits but now you are selling sps or[ DEC ](https://leofinance.io/@leoglossary/leoglossary-dark-energy-crystal-dec)at this price which is not fair. You are following what everyone doing. _______________________ You bought it when the Splinterlands had hype. Actually, that was the time of booking the profit and you are doing totally opposite. I hope you are getting my point. _______________________ ## Today staked 52.824 GLX token _______________________  _______________________ With the staking of 52.584, I have reached 2655 staked tokens and with the growth of staking, earning from stake is also increasing that is why I am staking tokens daily. I am getting 48+ tokens from the [airdrop](https://leofinance.io/@leoglossary/leoglossary-airdrop) and another 4+ tokens from the staking that helping me to achieve my goals. Currently, I am not buying from the [market](https://leofinance.io/@leoglossary/leoglossary-market) because as I said in my yesterday's video I have short of funds. _______________________ 175 days are remaining for staking rewards so now let's calculate it with the average of 60 tokens per day after calculating this I am getting a total of 10500 tokens in 175 days and currently I have 2655 tokens so a total is 13155 glx tokens. Sounds good right? So the 10k glx token goal is already clear and I will achieve it just by staking and airdrop income. But other users are staking 100k plus so if I want to achieve that type of goal then a solid accumulation strategy is required here. _______________________ ## My Plan to achieve 10k GLX token _______________________ The plan is simple till I get extra [funds](https://leofinance.io/@leoglossary/leoglossary-fund) in the future. Currently, I have fewer funds and due to home bills and expenses, I am not able to invest more in the GLX token. I have calculated total accumulation without market accumulation and even with that, I will get 13k to 15k glx tokens after 175 days. So this is not a small goal but If I want to target a bigger goal then I have to focus on my market accumulation which I have not planned yet. _______________________ When I will set a plan for that, I start accumulating more from the market. So this way I can even achieve bigger goals in the future. _______________________ ## Why GLX APR is dropping daily? _______________________ The reason why GLX APR is dropping is users staking more GLX tokens daily. Check the current [price](https://leofinance.io/@leoglossary/leoglossary-price) of GLX it is one cent. Most people don't want to sell at this price which is why they are staking GLX instead of selling. But the whales who are the [genesis league](https://leofinance.io/@leoglossary/leoglossary-genesis-league-sports-gls) license holders are selling the glx tokens so that they can recover their invested money. _______________________ Well, the airdrop will end after 175 days and then we can see some stability in glx token price. I hope they will launch the game soon so the utility will increase and it will benefit the price of GLX token because GLX is the [governance](https://leofinance.io/@leoglossary/leoglossary-governance) token of the Genesis league. _______________________ Thank you for stopping by _______________________ Have a good day _______________________ Lucky Ali _______________________ *Image <a href="https://www.canva.com/">source</a>* _______________________ # <center>○_________________○___________________○</center> |👇||| |-|-|-| |||Hi I am **lucky ali** from gujarat, india. I am a crypto enthusiast, blogger, and SEO developer. I am always interested to learn new things and getting new experiences. You can find me on <a href="https://peakd.com/@luckyali">*hive*</a>, <a href="https://twitter.com/paise_kamaye">*twitter*</a> and *discord* (Lucky Ali#6343). Sharing is caring, Thank you hive family ♥ | <a href="https://splinterlands.com?ref=luckyali"><img src="https://files.peakd.com/file/peakd-hive/luckyali/23u5TJ6tGw7zmcmP4FjyRDSA779WZF1B97TmnZUJByLwKFmGkkMLHigAW147AhATXvFxa.png"><center>Join splinterlands</center></a> Posted Using [LeoFinance Alpha](https://leofinance.io/@luckyali/road-to-10k-glx-staking-daily-even-with-1-apr-dropping-rate)
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