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Sorting Out My Leo Accumulation Strategies... and some questions!

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Zebedee
@revisesociology
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4 min read

I've been investing some of my Steem PowerDown in Leo - I had been buying a few hundred here on steem-engine and finally decided to buy roughly $100 with some with fiat yesterday - I literally did a SEPA transfer, bought LTC, then BTC, then HIVE, then LEO (and one wonders why crypto isn't suffering from mass adoption yet?!?) - I managed to pick up nearly a couple of thousand at 0.06 Hive, and I put some limit orders in for miners too.

I'm currently struggling to pick up the remaining 150 odd LEO that didn't go through at that price!

My total stake split across my two accounts is now around 7.5K LEO.

I plan to buy more going forwards, I'll probably just buy in gradually over the next month or so. I see a good future for Leofinance - there's a natural synergy between blockchain and an investment community after all.

I've always had a bit of a soft spot for LEO - the only reason I've never invested heavily is because my HIVE is so very precious to me - I am mainly a blogger, investing is a side interest!

I think it's a good investment, even if the price is now 30-40% higher than what I've been buying for recently.

Curation Return Maximization Strategy (yes, the alt!)

A quick troll through my curation returns reveals I've been earning around 1-2 LEO a day from curating, it's actually quite difficult for me to check my percentage return as my stake had been changing and I've no idea of what tool I could use to check that... if anyone could point me in the right direction I'd be glad!

What I do (think I) know is that I'm going to get better curation returns if I delegate all of my LEO to my alt account (@revise.leo) and then use that to vote exclusively on people who use the leofinance tag

Voting with my main revise account will give me a lower return (I think) because I vote for a range of people on Hive, most of whom don't use leofinance.

I'm currently splitting my stake 50-50% between the same accounts to do a curation returns comparison.

Hive Delegation to Leo

I'm maintaining enough of a delegation to bring me in at least 1 LEO a day. At the moment that's only a 200 HP delegation, worked out at current HIVE-LEO prices that's a 35% annual return, but I'm sure my return will go down in the next couple of days to reflect the recent price hike, so I've just upped it to 250HP.

I may increase this further! This is probably the easiest way for me to keep the LEO drip-feeding in.

Posting and commenting on the LEO platform

This is something I intend to get into a bit more - I've got a good feeling about this place.

I do have a decent portfolio of diverse investments, and I like a decent return as much as the next person, but I'm also quite interested in 'mundane investments' - that is the concepts such as 'buying once, buying right' or buying land to yield to food, not necessarily just investments that bring a financial return.

I'm especially interested in the leopedia project - that kind of stuff is right up my street!)

I wish I'd have had a chance to sort my LEO strategy out sooner, it's just other things in life had to take priority, I'm very glad I've finally got around to this!

I also get the feeling the leo platform is a good place to reward people with upvotes on comments - I sort of miss that from the old days on that blockchain that shall not be named!

Questions - Upvotes for good answers!

  1. Is it worth buying Leo Miners? My gut feeling is yes, even though it'll take about 4 years for them to pay off, as I've still got the miner, which I can then sell, albeit at a reduced rate I imagine. However, I'm wondering whether the money I spend on a miner might be better just powered up and earning me curation returns?!?
  2. I've noticed a lot of people voting on leo posts immediately after they are published, does this mean there is no early voting curation penalty on the leo platform?
  3. I'm taking it there's a 50-50% reward split on author-curators, like everywhere else?!?
  4. Does it make any difference to earnings whether I post using the full on leo-finance platform or just use the leofinance community tag with Peakd? My feeling is that more people will read on Peakd as I can publish to my blog too? (So I'll maybe 3 rather than 2 reads, yes I'm a realist.)
  5. If anyone could post links to some KILLER information posts about the economics of LEO (about inflation etc.) that would be most appreciated.
  6. Will anyone give me a nice PHAT leo upvote if I upload a selfie? If it helps I can take a picture of myself with my silver stack.

Anyways, cheers for reading! I look forward to some answers!