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Why LeoM and LeoMM Are Doing Well

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@whatageek
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2 min read

Have you seen the increase of the miners and mega miners for Leo lately? They have hit a 3-4x increase in price. Look at the candle for the mega miners it is a big green wick. There is a big difference from the sells and buys right now and it looks like it is closing in on each other.

Wish I Bought Some Miners When They Were Cheap

Not going to lie I looked at buying miners a few times in the past for Leo. I never pulled the trigger as I thought I use the site often so buying Leo is a better investment. Leo is doing very well and technically it did 10x so I think I made the right choice but having miners would have been nice to add on top of my Leo that I bought.

The Reason They Are Doing Well

Passive Income! In order to get the return for Leo you need to vote 10x per day. This is pretty much passive as you only need to vote but you still need to log on and there are days you might forget. With miners you can truly walk away and come back in a month and your coins will be waiting for you. The problem is you need to know how many coins per day you are getting for each miner and compare that to the price in order to gauge APR so it can be hard without the information readily available. Throw in the passive income of a coin that might skyrocket with the fact that people who hold the miners will get airdrops and you see why the increase has happened.

A Second Chance With Leo Mblogging

I'll probably make the same decision when the miners come out for mblogging and lean more towards the coins as I will probably use the site a lot. But if the miners take a dip in the early days I'll be less hesitant to grab a few in case they take a 4x climb like these ones did.

Do you have any miners?

How are you finding the returns compared to Leo Power?

Posted Using LeoFinance Beta