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Having A Strong Foundation

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@cryptoandcoffee
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source I can recall some accounts saying they were selling Hive to go all in on Leo which I think is a huge mistake as they go hand in hand. Having some sort of balance I believe is required for consistent growth. We all know the vote values drop over time as more and more users stake.

When I first joined Hive the best piece of advice I received was to build a strong foundation. I do believe in your journey building account value you do need a solid base from which to build. This is like most things in life and should be just common sense.

I think we can see this now when Hive is climbing in value how important this now is. Many large stake holders in the tribes seem to have loads of one or two tokens and not much Hive which I believe is a high risk game to play. The same for many large stake holders on Hive having only a few tokens on various tribes and there is no real balance. Not everyone mind you as there are some smart stakers who have value in many including Hive and they are the ones who will be able to take advantage whatever happens in the future.

Having a strong foothold in many camps is the ideal way to play this game as you are covering your bases. Just in the last month we have seen Leo lose 40 percent in value whilst Hive has risen by over 120%. You just hope those making extra Hive currently are buying into Leo and vise versa when Leo goes back up and not just sticking with one or the other. Any growth is good growth and having a balanced account will never slow down as the opportunities will always be available depending on which one is performing better.

This is an ideal scenario as having cheaper Leo right now allows many who missed out to climb in and add to their stake. A Leo priced at 4 Hive has not been easy to invest in for the smaller accounts like myself and to say growth has been slow is an understatement. I know as my growth has stagnated from purchasing over 10 Leo per day back down to buying in 1 or 2 Leo every day.

I do think having Leo and Hive at a high value is a sign of strength for the Hive blockchain and a good thing in general. This is all good timing with point blank around the corner allowing others to climb on the Leo train before it leaves again. Wouldn't it be great if we can see Leo and Hive both above $1 in the coming months as I believe if any community deserves a good run with loads of successes it is the Hive community for all the things they have put up with over the last 3 years. I am just curious to see where the difference lies and will Leo stay above Hive in value or will Hive claw itself back. Maybe a 4/1 Leo was unrealistic and possibly a 2/1 may be the normal going forward and this will be interesting to see.

Posted Using LeoFinance Beta