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LBI earnings and holding REPORT - #21

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authored by @silverstackeruk

Hello, LBIer's. I have slept in today so I'm gonna rush this a little to make sure it's posted on time. Sleeping in till 10.30 pm, haha.

Anyways, this week again we have killed it. I mean we are really on top of our game are it feels like it anyways. Curation is on fire and we've added CUBLIFE to our weekly earnings. The crypto market itself, not such a great week but a big correction was needed i guess after the recent ALT token craziness. The only thing that scares me is Mr ETH dumped over a $1 billion worth of tokens and the last time Vitalik cashed out big was at the peak of the 2017 bullrun. He's smart money at the end of the day and the only thing giving me hope is most of what he dumped was shit meme tokens but still....

As you can, earnings this week were 1432 LEO. I had to double-check this as I couldn't believe it, over 1400 for 2 weeks in a row! Looks like continuing to power up LEO instead of FOMOing everything into CUB.finanace is working nicely with Taskmaster's little and often curating style.

Halfway down the table, you can see I have replaced LEO miners with CUBLIFE. Miners are a good idea but the ROI is sorta 💩 and we're far from scraping the barrel on being able to find better yielding investments. We can see this week CUBLIFE bought in a modest 17.89 LEO, next week this will be a little higher but...in 2 weeks, we should see 2-3x. I plan CUBLIFE to make LBI 100 LEO per week, its not a huge amount but it's a target and for very little work. It is about making money for LBI but also providing a good token for HIVE/LEO investors.

To sum up, we've smashed earnings again thank mainly to curation rewards.

Total LBI earnings to date or 24,418.79 LEO. If we are able to keep this 1000+ LEO curation earning up, we could really kill it the rest of the year. There are 224,000 LBI issued mostly at 1 LEO each. On week 21, we already earned more than 10% of that amount from curation and content alone which makes earning 20-25% in the first year look to be a done thing if we stick to what we are doing. From experience with SPinvest, it'll speed up unless something epically wrong happens.

The trending line is getting steeper, this gives a raging boner. Nuff sound...

Once again we stick to the now old routine of converting half of our earned LEO to bLEO to be staked into the bLEO/BNB LP. The other half has been powered up. I must admit I have been tempted to buy some UTOPIS tokens as the div's are amazing but not yet, need to stay focused on LEO for a little time more. Once we crack the seal on buying other tokens and off-platform crypto, it's hard to go back to powering up so need to be patient and stick to the plan. More LEO.

Compared with last week, our CUB wallet has taken a big hit. This is because CUBLIFE was funded and airdrop since then. I moved roughly 25% of LBI's CUB balances to CUBLIFE. These were worth around $5200 at the time and why we airdropped 5200 CUBLIFE. We will rebuild this bad boy back to $20,000 and then switch it up into something new.

Well, it finally happened, we have our first week where our assets are worth less in LEO than they were last week. This is because we moved $5200 out but we are down less than $5200 so technically, technically we made a profit again this week if this is factored in. Even when we lose, we win technically.

LBI token price Total assets worth in LEO 268,150.72 LEO

Total LBI tokens circulating 224,672.77

LBI token price - 1.193 LEO

Price has taken a small dip again because of CUBLIFE but we'll get it back in a few weeks. Feel like it been around 1.20 LEO per LBI for a while now.

Thanks for taking the time to read this weeks report. Everything is going well and in a bullrun, we should only keep growing. Thanks for all the support shown to LBI :)

Posted Using LeoFinance Beta