Still going strong after 18 months

Hello, LBIers. It's official, we have crossed over the 2 LEO per LBI price and I dont think it's going to drop back under (famous last words). I have issued the content team incentives and now it's official. We've doubled from where we started in terms of LEO in 18 months,

Yep, 18 months already and the time does go in fast and alot has happened. We've seen CUB and polyCUB launched, we launched a subsidiary project with CUBlife that doing great and we've gone through the best of the bull market and are now experiencing the worst part of the bear market. We are back to the grind but doubling up in LEO value in 18 months not what was envisioned but we can't complain. Just makes my job harder to add 20% next year, ah, 1st world problems.

We've gone through alot already in 18 months for a small crypto fund. We launched, sold out and hard-capped the token, voted in a Gov team, tried and failed at charity work and launched CUBlife. It's ALSO been a rough ride as far as fund value in dollars. We peaked out at around $270k when LEO was at its highest and have since..well..dropped down a little bit. We are still going and I guess preparing now for the next bull market or news of an airdrop.

I still think that LBI has alot of potential, much more than it is showing right now. We dont have alot of liquid assets so we'll need to be very smart with how we use and invest them during this bear market as real chances in crypto come about every 4 years in crypto, so far anyway. The real opportunities come during the bear market when things can get at 95% off the last all-time high.

Some of my best profits have come from things you would not think of. On NEXO back in 2020, I took the NEXO tokens for interest on my BTC when they were 10-15 cents each and then the bull market happened and they mooned to near $4 and stayed over $3 for 5-6 weeks. Nexo outperformed BTC and I made decent money from interest on my BTC for free. Way back in 2019 when the last crypto winter was in full swing I bought ADA at 2.5 cents each and we know what happened with it. I sold 25% at $0.63 and then 74% at $1.65ish. I missed the peak but i dont really care that much.

LBI will have the same opportunities over the coming months and I think we should really concentrate on growth outside of LEO. We need to think of the bigger picture and see that the opportunities within LeoFinance are limited. Please dont take this the wrong way but we have had alot of bad luck so far with LEO dropping from over $1 and CUB now under 3 cents each. I cringe when I think back to people FOMOing in at $2/3. Either way, it is what is it and the most important thing is what do we do next? We have reinvested pretty much everything back into LEOfinance and it's not working out well. I understand Khal works very hard and does everything he can but the markets are the markets and it's all down to demand vs supply. It's not everyone's fault, just bad luck. It could bounce back someday but there are already a few million more LEO in circulation since last March. LEO token could see a new all-time new market cap value with each LEO token being worth under 60 cents each ballpark in my head numbers. Inflation is serious shit and it can kill your investment.

Opportunities we take or pass on over the next coming months will be making breaks for LBI when it comes 4 years from now. We do not need to take big risks when we play the long game. BTC went from under $4k to near $70k, a buy at $10k and sell at $50k gets you there. ETH was even better and we dont dont to time to market that much. We still have lots of time to save up funds in our HBD savings wallet. We dont really have any other funds to save but alot can happen and change over 6-12 months. We save and wait and when things look cheap like they are going to zero, we buy-in and then sit on them and wait for 2-3 years. Looks too easy but that's all it is, that's how to do it. The times might be off a little but that's basically all you have to do to get a 5x return (if you can sell). You buy when things are looking like crypto is about to die and then wait 2-3 years. The markets change and go through cycles, you just gotta commit and wait it out.

LBI has over alot of LEO, we have that covered. We have a decent amount of CUB, we have that covered. Maybe it's time we had some other stuff? and start to plan for it now.

Posted Using LeoFinance ^Beta