Tempted for more!!!
I am in the middle of one of those smart investment moves again. I must say it will be one long run adventure and I am sure to enjoy every moment. The fact is, I am in for the long run; a very good spice to keep the meal very tasty.
I have learnt a lot from Warren Buffett and I wish to give it a good TRY. I keep that conversation he had with Jeff Bezos close to heart; ‘I have patience’. A few words it is but as few as it is, it is the pathway to financial freedom.
Ever since joining the Hive ecosystem I have had to transform my mentality. The first thing was the fact that I went to a near conclusion that crypto (altcoins especially) where scams.
I have my experiences; maybe I too was a scam after observing overtime that quick gains is a gamble. I mean who wishes a 10x or 1000x with a few cents worth of tokens?. Ok, I was one of those. It never came to pass. I lost my little and off I went away from the crypto space.
Ok, I later returned thanks to a friend and most importantly to an ecosystem I could build from scratch. We are here and awaiting even better days. I have had to study this ecosystem gradually and yes I am NOW in for a long term.
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I feel giving it time will be worth it. I did make a post centering on my long term stacking vision here; Hive, LEO, BBHO, BBH, NEOXAG, cent and others I am still researching.
Speaking of opportunities, the price of Leo skyrocketed some weeks ago to $0.26 cents. It has been one big marathon.
We were expecting a correction anyway and it has slashed by 50% currently. Am I happy or sad here? In the middle to be very precise. I have some Leo tokens I would love to see it keep growing.
Secondly, that holding is no way near my minimum target accumulation. I talked about how I planned to get more Leo tokens before this year runs out and then came this sudden market Rush.
Leo became expensive for my target accumulation and I had to halt to see how it would ALL unravel. The market is down, may not really sound good to hear but this can be another one time opportunity; buy MORE!!!.
This has been what I have been looking at. I mean I don't know for others but for me it will be a win-win (as long as the long term mentality is kept).
My target is to keep buying the dip, the future of Leo token is beyond just $0.26. note, I am not your financial adviser here; always do your research. I am speaking out of mine. At least I have been following up with some needful articles here.
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As long as the deflationary system is concerned, prices are likely to kick back. Leostrategy keeps accumulating, isn't this a sign already that something big is coming?. You don't need ten years market experience here to make this quick analysis. Lower Leo token prices equals more accumulation which also equals more daily payout rewards. Higher Leo prices can lead to lesser accumulation, lower daily payout at a higher dollar price per token.
To even add to that, there are many ways to earn some extra Leo without having to touch your financial pause. One of my suggestions is to allocate a percentage of your daily article curation rewards to buy more Leo.
And yes, think like Warren Buffett. I am not saying you should take some needed profit but assign a particular portion of that portfolio maybe 75% for the long term. Those who think long dominate the market.
More utility is coming to Leo. As I earlier said, don't just sit around, do some needed research. I am not just writing to have words to cover for the price slippage, no. This is one big opportunity to get your hands into more Leo tokens as possible. If Leo could hit $0.26 cents, it is sending a big message.
I am not saying this bounce back may happen in a few months although the possibilities are still there but I know when the entire correction settles, it will have to revisit a new all time highs.
To conclude, let me add, I don't know if there is anyone also in the move for more!!!. Not too shakened about the market drop, after all it did pump up from somewhere. Keeping my head straight for more leo. Let me see how much I can accumulate before Next week runs out.
Posted Using INLEO