"UnFUDable" 2022. I Bought Myself Bitcoin and LEO On The First Day of 2022

in LeoFinance3 years ago

A few days ago I had a weird post with a weird title, that somehow reflects my personality, detailing a bit about my belief in Leofinance and the confidence that I have for it for the future. As I mentioned for thousands of times on my blog, this is the community to go for me and my blog is my proof of that.

The crypto world is a weird place to be and probably that's why I integrated myself so well. I've made a few friends in this online space and although not all of them are still active on Hive we still keep in touch.

Long story short, a few months ago, I guess it was summer of 2021, @inalittlewhile DMed me on twitter and asked if I want to be part of a KPI options airdrop from UMA and the reaction was obviously: hell yeah, who doesn't like airdrops...

I gave him my metamask address, he sent it to the Uma community leader, some guy called Clayton, hope I'm not messing with the names and labels, and after a while I got myself 1200 KPI options from UMA on my metamask. These expired on December 31st and I was able yesterday to redeem them for UMAs.

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1200 KPI options translated to 840 UMA, which in dollars was about $7,800 at the moment I traded them for USDT. The plan was to cash out some of the airdropped money, which I did and the rest to be reinvested in crypto. Hence I bought myself 0.1 BTC and around 2,700 LEO, after cashing out about $2,400.

I was actually gonna go all in with LEO, I even tried doing that... Bought close to 3,000 HIVE from Binance and tried to exchange these for LEO, but using the Leodex I only managed to buy around 2,700 LEO from the target of about 19,000 which I had settled and when seeing liquidity is that dry I simply quit.

What can I say, I'm impatient and moody sometimes.

Powered up the 2,700 LEO I managed to buy, before loosing my patience and sent back the remaining HIVE to Binance. I will have to also point out here that it cost me some 50 HIVE to use hive engine for this matter, which is not actually OK imo... Hive was supposed to be a low fee blockchain.

Anyway, with the remaining funds I grabbed myself 0.1 Bitcoin and now I can say I'm no longer all in alts. Why BTC? I don't know, probably it is the future, although I doubt it will go to $100,000 this year, as Nayib Bukele wrote on twitter a few hours ago. Even if it goes that high, I'm not fuckin selling. I probably won't do that even if BTC becomes a million dollars asset.

Funny, though, that I felt comfortable buying Bitcoin at $47,000 but wasn't as such when it crashed to $4,000 back in March, 2020. That thought occurred to me also as a signal that we might enter a bear market, due to my exuberance, but then again, I'm fine with that to. It's not the first one(bear market) for me so I'll handle it... I also doubt Bitcoin is still respecting the four years halving cycles it used to.

So yeah, I started the year on a good note, highly grateful to @inalittlewhile for getting me in for the airdrop and I'm definitely interested in becoming more active in UMA's community. Probably I will write a few articles once in a while having their DAO as the topic. Wish you all a great 2022 and see you to the next post!

Thanks for attention,
Adrian

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I was quite lucky to buy btc at $4k wow

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Not necessarily lucky. I'd say inspired and rocking a strong confidence.

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I think it's always a good time to get some Bitcoin so I believe you made a nice move.

And LEO too, obviously! Now is a great time to be accumulating more LEO and CUB. I don't really make price predictions but I believe a lot of development is going to kick in this year and those tokens will see a solid value increase

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We'll see about that. I wish I could buy more, liquidity was an issu.

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Agreed!

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Congratulations on your purchase. I'm focused on improving my Leo position every week and while I haven't bought any recently, but of my crypto is in BTC and I would be comfortable buying it at today's prices too.

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BOOM1.jpg

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Read how this all have started with Toruk

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You really started the year on a good note.
I have also been trying to get tokens this year so I have been buying some sps etc, I'll probably buy some Leo soon.

Great. Just don't forget to spend some as well.

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I will try to spend, I know it is easy to keep stacking and forget to.

7800$ airdrop?! Lucky (and well informed) you!
Maybe I'll also get some more LEO. Fees on leodex are a bit lower btw.

Happy New Year & all!

Happy new year!
Fees are not a problem. Liquidity is.

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Congratulations on the free money. Have you considered the diesel pool if the normal LeoDex market wasn't full enough?

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No. I haven't used that yet.

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It's pretty useful and it might be better compared to smashing the buy walls. After all, it will let you know how much the price will change as well. The diesel pools won't get you something like a midpoint price.

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BTC is acting up lately.
Got me concerned. Should I be knowing how bullish it may get?

!BEER

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It might get bearish as well... I'm taking into account both options.


Hey @acesontop, here is a little bit of BEER from @pouchon for you. Enjoy it!

Learn how to earn FREE BEER each day by staking your BEER.

Congrats on the airdrop. Another jackpot.

I think we miss so many of these opportunities. For me is the first time I read something about UMA today.

Might be interesting to see how it develops.

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I'm planning to become more active over there and I believe I will share a few posts in the future.

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Honestly the best way to start the year off on the right foot, I know that BTC will rise and perhaps exceed the expectations of many, the same with Leo, so it is a great investment.

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So far, it has proved to go well.

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Congratulations, you could use tribaldex.com tho, leo has a diesel pool that you can easily buy more at once...

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Have been buying Leo too because I believe in the project alot, that’s is nice move.

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