Posts

It Is Time To Buy LEO

avatar of @taskmaster4450le
25
@taskmaster4450le
·
·
0 views
·
3 min read

This is not financial advice. The contents of this article are for informational purposes only.

Fast fortunes are made during bear markets. In fact, that is the time when it is easiest. When markets are moving sideways, or running like the wind, it is difficult to profit. The bear, however, is a completely different story.

Once the bear takes hold, fear goes through the roof. Humanity's tendency to look at the negative only feeds into this. The world is coming to an end and nothing is ever going to recover.

This is an over exaggeration and why so many miss the opportunity. The reality is that ever bear market turns into a bull at some point. What goes down eventually comes back up. Look at the NASDAQ after the Dot Com bubble. It suffered a huge drop, one of the biggest in the history of the equities market. This was so fierce that it took more than a decade to get back.

But reach a new high it did.

We have no idea how long the "Crypto-Winter" will last. What we do know is that Spring will arrive at some point.

For this reason, it is best to prepare now.

Leofinance Is About Building

The Leofinance team has done a sensational job at building. This was the case since its inception a few years ago. However, over the last year or so, the development was ramped up.

We can expect this to increase. One of the keys is that builders benefit from the bear. Whereas resources (personnel) are scarce during the bull, when things turn, people start looking for work.

This is a sentiment mentioned over the past few weeks by both Khal and the CTT guys. It is easier now to find people who were previously unavailable. Not only are they able to work, they will take less money, meaning the development budget goes further.

It is a situation that only enhances what is taking place with Leofinance.

Since the building mentality is already ingrained, it will only accelerate things.

We are all going to benefit from this move.

Quality Will Pay Off

The price of the LEO token is beaten to hell. It is no different than most of the rest of the cryptocurrency world. The run up was met with a powerful move down. Many ran as things spun further down.

Here is where determining a project based upon its price is pretty foolish. Anyone who is around markets for any length of time should realize they are insane. Look at Tesla. It was prices at $1,200 a share; now it is under $700. What is the difference in the corporation? Nothing.

So where was the market correct? Was it at $1,200 or now? If it was wrong at $1,200, why do we presume it is any more accurate now?

We can play this game for most everything. Bitcoin was a buy, according to many, at $65K. Now, there are a lot who are claiming $20K is overpriced. Neither price level reflects what is taking place with that network.

Leofinance is implementing sound business principles. The idea behind development is to have more offerings to bring in people. For example, bringing out a mobile application is a baseline feature in this era. We saw that. It is also being evolved to incorporate some of the infrastructure to roll out #projectblank.

Many want the major payout when the bull hits but are not willing to risk the pain of the bear. With Leofinance, I feel we have a quality project that has a bright future. The bear is going to aid in the end.

Massive Expansion

Leofinance is going many directions at one time. To many, this seems like a drawback. The reality is that the magic happens when things start to come together.

The power of leverage is always much greater. This is what we are going to see with Leofinance. With so many different applications/platforms being worked upon, we are going to see a massive jump when they all start to come together.

Each application has the potential to pull the others along. This is where the feeder system enters. Any aspect of the ecosystem that attracts someone can end up feeding the other aspects. Plus, when we get an application such as #projectblank, we can leverage the posts on Leofinance utilizing that.

For this reason, when LEO is offered at such a discount, it might be time to think about adding to one's position. The Leo Power Up Day really helped some people do that.

Staking LEO is always something to keep in the back of one's mind. Now, with the drop in price, it might be time to move it to the forefront.


If you found this article informative, please give an upvote and rehive.

gif by @doze

logo by @st8z

Posted Using LeoFinance Beta