LBI heads into the bear market full steam ahead

Hello, LBIers. Missed my post yesterday, sorry about that. I was standing in work dropping some wheaten loaves into tins and it hit me "Sheet, I was supposed to post today for LBI".

Today we're going to look into how LBI plans to operate through the current/coming bear market. Before we get started, im assuming most investors into LBI are wanting a passive experience where they can just hold, receive weekly dividends and sell them in a few years for much more LEO than they paid for them. I understand a few investors are very active, very willing to take part and wanna have a voice. Proposals are dead, nobody seems to care about them so from now on, im gonna do what I think is best for LBI. I will, of course, write about most things before taking the action for feedback but as other things are time-sensitive, you understand. Up until now, I've been very conscious of any action I make for LBI because I know the community is strong, very LEO focused and maybe sometimes (dont shoot me), a little close-minded when it comes to doing things not connected to LeoFinance. So...with that said and out there, what's the bear market plan for LBI?

We bust our asses off for the next 24-36 months. I'd suggest cancelling dividends as LEO is worth 9 cents and I think that that money collectively would do much better for LBI's growth compared to investors getting a few cents worth of LEO every week. The short answer, we bust our asses off for pennies in the bear market and wait for them to turn into dollars in the bull market. That's the plan.

LBI is based on LEO, its community is LeoFinace and I think we should embrace all that LeoFinance stands for. Up until a year ago, LeoFinance was all about investing, investing into different classes of assets. Lately, it's all about CUB and airdrops and that's not what I had in mind when I and taskmaster4450 first spoke about creating LBI. He was thinking (i think), of building a huge LEO wallet and locking them all up. I was thinking something the same but a little different. I was thinking big LEO wallet of course but also, other cryptos, stocks, precious metals, property rental NFTs, and things like this, a proper investment portfolio in different asset types.

Being based on SPI's model, this all needs to be funded from earnings without powering down any LEO and is the main for me always bitching about dividends. Look, none of us saw or knew that LEO would drop from 60 cents this time last year to 9 cents today. In terms of LEO, this is ok, it does not really matter that much as 1 LEO is worth 1 LEO but in terms of dollars and making non HIVE investing, it matters very much as 1000 LEO worth 60 cents buys us around 30oz's of silver and 1000 LEO at 9 cents gets us 4.5 oz's. Big difference there and this plays into our growth plan. There's no need to fret are think we're screwed, I said above, we're gonna bust our balls for the next 24-36 months to put us into that position.

We will continue to post content daily, earn huge LEO curation rewards, earn LEO with our HP balance, save 50 HBD each week and compound the interest down, grow out CUBlife and our operator's fee. Then there's all the stuff we dont even know about yet like future CUB farms, project blank, new HIVE platforms or projects. Everything can change in 3 years. Leofinance could full circle, release farms on like 10 smart chains and then come back to HIVE to release a cool TYCOON style economic game and make LEO the main currency. Boom, LEO has a fantastic use case, reason to hold and it moons to over $1 again. It could happen, everything can happen. This is probally not happening but if it did, GOD DAMN!!

LBI actually needs this coming bear market to be able to build up some momentum. From my experience SPI, i have seen the growth potential during a bear market. Everyone loves the bull market cause prices are high and seems like it's going to last forever but the bear market is when you should be buying stuff. I bought ADA for 3 cents and sold them exactly 2 years later for $1.60. The real money is made during the bear market when you can buy dollars for pennies. As an example of what SPI got last bear market, it stacked its BTC at an average price of $9k and ETH at an average of $330. Pretty safe to say that it would need to be 1 hell of a bear market to put SPI into the negative on those investments. What I'd like to do is duplicate this for LBI during this coming crypto winter. With LBI, the LEO to BTC or ETH or whatever we're looking to invest in will be very important. Last bear market, you could get over 250k HIVE for 1 BTC and at HIVE's peak 4-5 months back, that dropped all the way down to 25k HIVE for 1 BTC. This is important information and shows that maybe by focusing more on ratios instead of dollar value, we could make much more profit long term.

Going into the next bull market in 2-3 years and assuming we earn 2000 LEO per week until then. I'd hope we will have powered the LEO balance of over 300k, basically a 50% increase. I like to be holding at least 5000 HBD and 20,000 HP in our HIVE wallets and have at least $20k worth of non HIVE holdings. $20,000 in the bear market could be $50-100k in the bull market. Our non HIVE holding is currently $13,000 but I'd think that will decrease over the next year are 2 to under $10,000.

I think we do better than above but it'll take some playing around and understanding by investors. Right now, i think the best to do would be the convert whatever earnings we get into HBD and wait for the price of LEO to drop to under 5 cents. You might think that sounds crazy but it ain't gonna go up in a bear market. From an outsider's POV, they would see LBI focusing on saving HBDs which is not increasing LEO holdings, they see LEO going out long term. From an insider's POV, we see the HBD building up knowing that it's going to be converted to LEO when the LEO/HBD ratio is 20/1, they see LEO coming in long term. Saving an extra 1000 HBD over 2 years could buy back 20,000 LEO during crypto winter and get us closer to that 300k target. Point is, my actions might not look very bullish towards LEO all the time but im playing the long game and trying to increase our LEO holdings by multiples instead of 20% per year. The thing is these chances only come around every market cycle and as the crypto market matures, the swings are less violent. We should still always increase by at least 20% a year. Even if we converted say 1000 HBD into 20,000 LEO, it would have no effect on the LBI token price because we'd basically be swapping 1 token for another. 20% per year is doable and could be amazing when we factor in the 100k LEO we earn each year.

I could go for hours about all the things we could do in the future but the fact of the matter is, what's hot in crypto today will probally not be hot in a year's time. We can't think about what sort of state defi will be in, in 3years from now, what's gonna happen to NFTS? what's coming that we dont even know about yet? Will HIVE and LEOfinance lose a bunch of active users during the bear market? We have no idea, sheet, maybe we get SMTs and HIVE moon to become a top 50 crypto and we get millions of new users and developers. For long term thinking, the plan must be simple and the only things we know we can 100% do. We could say we're going to invest in gaming, but what if CUB releases a new farm and we never invest in gaming. We know we will post content, and earn from curation, delegation and our subsidiary projects. Planning anymore is planning short to medium term where plans change more frequently.

Alot can happen but the plan for LBI will be to bust our balls, grow where we can, try and see what happening in the markets to take advantage of long term trades and maybe even release another LBI subsidiary project. We're are 18 months old, we have a long stretch of crappy times ahead but if we keep focus, work through all the bullshit, and ignore all the FUD, we'll receive the fruits of labour when the next bull market comes round and we put ourselves into a position were we are able to make investments into such things as other cryptos, stocks, precious metals, property rental NFTs, and things like this.

Thank you for taking the time to read through today's post. Hope this gives you some sort of idea of where LBI is going to roughly do as we head further into this cryto bear market. We're just gonna grab our balls, dip our heads and run full speed at it.

Posted Using LeoFinance ^Beta