Dreaming to prepare for reality: $1 as the target for the LEO tokens
There have been talks that LEO could continue to grow.
Never mind the why and how. For now.
Since I am an investor, I have my reasons for my bullishness on this.
I am more keen to consider what the target should be. Because this will affect how much I need to bet on LEO.
I think a round figure of $1 as the target for the LEO token could be a nice number. When LEO is $1, it will be wonderful on many fronts. For example, the curation rewards I can get through it could be itself phenomenal then!
Let's do the maths.
$LEO is currently trading at $0.083 apiece. If I want to own $100K worth of LEO when it is $1 apiece, I need 100,000 LEO. The amount I need to pour in now is $8,300.
Ok, lesser, since I currently have 44,959 LEO staked in reality. But that still amounts to $4,568 if I want to buy 55,041 to make up.
And that is if LEO prices stay low.
Hmmm.... where can I find the $4,568 to invest?
I know $1 as the target for the LEO tokens is like a pipe dream. But dreaming is important for one to prepare for reality!
P/S: This is not financial advice, and please do your own due diligence before investing.
If you read this far... and if you are a like-minded Hiver who is on the path to learning more about Hive and crypto investing, and if you like to be tagged when I write such posts, I welcome you to leave a comment below and let me know. We can form an alliance to support each other's growth.
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https://twitter.com/LovingGirlHive/status/1672623284415004675
The Way Leo is progressing, 1 $ is not too far. So, you are not dreaming my friend, you are just predicting the future.
Thanks for reading! :) !PIZZA
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@cryptothesis(1/15) tipped @itwithsm
You really aren't that far from the goal though.... I'm almost as 1k 😂😂
I don't think it is a pipe dream lol. It was at that price range before. And the ecosystem is much better than before. I think it's a matter of time before LEO reaches $1 again. Hopefully, it wouldn't take that long :)
The way we see that his team has been working very hard for the past few years and giving a lot of good updates and this is very good for the project and also the investors towards it. Coming due to which we increase its price. How is everything going and when the bull market comes from here, it can easily go up to a dollar.
$1 LEO is going to take a while but I don't think it's impossible. With the bounties and ad-buybacks, I expect LEO price to go up because the inflation isn't enough to offset those buybacks.
https://twitter.com/lee19389/status/1672936794072186883
#hive #posh