You are viewing a single comment's thread from:

RE: Leo Airdrop: LBI Or LEO?

in LeoFinance4 years ago

I didn't even know an LBI token is out in the market. Obviously, I immediately checked LeoDEX :) Didn't find the time yet to investigate what this LBI token is about. You may have a few links I shall look at to understand LBI and what it delivers?

What I've noticed in last so many years in the crypto universe we are all part of, is that when free money is offered, quite a few users jump on it. All good and nice, no doubt about that. But what I also realise, is the moment some future free money is offered based on an airdrop, the price of the token being used to determine the airdrop size, usually gains in dollar value a lot, while after the airdrop, the dollar value decreases quickly again.

Sometimes it is best to look at things from a larger perspective.

I tend to take a larger perspective :) This essentially means, I usually don't start accumulating more tokens in the period between an airdrop announcement and the snapshot/airdrop itself. I tend to hunt for startup and startup-like projects of which the tokens are dirt cheap. Maybe a little riskier than going for Leo, but the returns can be so much more than eg doubling your money through free tokens (doubling means: the new token having the same value as the token used to determine the airdrop size... in this case the new Leo token versus the current Leo token).

Posted Using LeoFinance Beta