Bye Bye cheap LEOM

A few days ago I wrote about the amazing ROI I have gotten through the constant income of LEO through LEOM and LEOMM over the last year.

When I wrote this blog there were still about 40000 of the miners left.

Now there are 0, just like the LEOMM

So the expected has happened. People are paying more than the original 2 Hive. I had freed up another 120 HIVE to buy some more but no luck.

Some have been sold for 5 Hive and the bids have gone to 2.2. So the people who bought them to flip and are selling for 2.2 are making a nice 10% profit. If you are able to sell for 5 you are making a 250% profit. That is not bad for a quick turnaround and for me it is good to know that there is a demand if I should choose to sell my miners.

I do realise that there will be less income now that all these are being staked but I bought another 150 miners which should keep my income relatively the same. My first investment already paid off and it looks that the price of the LEO token is not going down with people predicting values of 2 to 37 dollars per LEO

So lets go for the lowest case of 2 dollar per leo there that would mean that my ROI will be multiples (in dollar value) of what I am earning now.
LEO going to 0.2 meant a return of 100% LEO going to 2 would mean 10x
So do the math if you think 37 Dollar is an option.

I guess it is hard to lose with @leofinance these days.

My miner tokens can only go up in price, LEO is looking very positive and could even drag HIVE higher (instead of the other way around)

Now I know there is a big buzz over Leo and the wrapping. Lets see what happens in a month when the hype has died down. I hope that 2 dollars is on the way.

Posted Using LeoFinance