This is not financial advice. The contents of this article are for informational purposes only.
Fast fortunes are made during bear markets. In fact, that is the time when it is easiest. When markets are moving sideways, or running like the wind, it is difficult to profit. The bear, however, is a completely different story.
Once the bear takes hold, fear goes through the roof. Humanity's tendency to look at the negative only feeds into this. The world is coming to an end and nothing is ever going to recover.
This is an over exaggeration and why so many miss the opportunity. The reality is that ever bear market turns into a bull at some point. What goes down eventually comes back up. Look at the NASDAQ after the Dot Com bubble. It suffered a huge drop, one of the biggest in the history of the equities market. This was so fierce that it took more than a decade to get back.
But reach a new high it did.
We have no idea how long the "Crypto-Winter" will last. What we do know is that Spring will arrive at some point.
For this reason, it is best to prepare now.
Leofinance Is About Building
The Leofinance team has done a sensational job at building. This was the case since its inception a few years ago. However, over the last year or so, the development was ramped up.
We can expect this to increase. One of the keys is that builders benefit from the bear. Whereas resources (personnel) are scarce during the bull, when things turn, people start looking for work.
This is a sentiment mentioned over the past few weeks by both Khal and the CTT guys. It is easier now to find people who were previously unavailable. Not only are they able to work, they will take less money, meaning the development budget goes further.
It is a situation that only enhances what is taking place with Leofinance.
Since the building mentality is already ingrained, it will only accelerate things.
We are all going to benefit from this move.
Quality Will Pay Off
The price of the LEO token is beaten to hell. It is no different than most of the rest of the cryptocurrency world. The run up was met with a powerful move down. Many ran as things spun further down.
Here is where determining a project based upon its price is pretty foolish. Anyone who is around markets for any length of time should realize they are insane. Look at Tesla. It was prices at $1,200 a share; now it is under $700. What is the difference in the corporation? Nothing.
So where was the market correct? Was it at $1,200 or now? If it was wrong at $1,200, why do we presume it is any more accurate now?
We can play this game for most everything. Bitcoin was a buy, according to many, at $65K. Now, there are a lot who are claiming $20K is overpriced. Neither price level reflects what is taking place with that network.
Leofinance is implementing sound business principles. The idea behind development is to have more offerings to bring in people. For example, bringing out a mobile application is a baseline feature in this era. We saw that. It is also being evolved to incorporate some of the infrastructure to roll out #ProjectBlank.
Many want the major payout when the bull hits but are not willing to risk the pain of the bear. With Leofinance, I feel we have a quality project that has a bright future. The bear is going to aid in the end.
Massive Expansion
Leofinance is going many directions at one time. To many, this seems like a drawback. The reality is that the magic happens when things start to come together.
The power of leverage is always much greater. This is what we are going to see with Leofinance. With so many different applications/platforms being worked upon, we are going to see a massive jump when they all start to come together.
Each application has the potential to pull the others along. This is where the feeder system enters. Any aspect of the ecosystem that attracts someone can end up feeding the other aspects. Plus, when we get an application such as #ProjectBlank, we can leverage the posts on Leofinance utilizing that.
For this reason, when LEO is offered at such a discount, it might be time to think about adding to one's position. The Leo Power Up Day really helped some people do that.
Staking LEO is always something to keep in the back of one's mind. Now, with the drop in price, it might be time to move it to the forefront.
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Posted Using LeoFinance Beta
It is different. Not too many are 20x down from their ATH. The way I see it the fall started soon after CUB and its adjacent products have been launched. Quite a few users have probably took out LEO to buy CUB. $0.05 is a hell of a bargain imo. At some point, probably soon after project blank will be launched we will see LEO @ $1 again.
Posted using LeoFinance Mobile
Sellers will do their thing. You might be right, there was selling to buy other tokens. A lot of good projects in the Leo family.
PB will be huge in my opinion. Just have to see it launched.
Posted Using LeoFinance Beta
I can't wait for that moment.
Posted using LeoFinance Mobile
I totally agree and have been stacking as fast as possible. There's huge potential in the token over the next year or two that we already have some insights into.
Yeah those who are stacking will do well. The challenge is that, even within the Leo family, there is a lot of choices.
CUB, pCUB, LEO...where to go?
Posted Using LeoFinance Beta
Excactly! Choices choices.
Posted Using LeoFinance Beta
Wholeheartedly agree. We're going to see many people smiling during the he next major bullrun cause they decided to stack
LEO will hit $1 again. I am certain of that. Too much development taking place for it not to.
Posted Using LeoFinance Beta
Just yesterday, my friend and I were talking about buying Leo and holding over the year. We happened to have mentioned the right token and we are preparing for that. Thanks for sharing with us
It is nice to feel we are right. Time will tell if we are. However, I am building my holdings related to Leofinance.
I think it will be a long term winner.
Posted Using LeoFinance Beta
That's true actually. Time will decide and one's patience counts
I agree and I am building more with the LEO I get. I am just wondering if we will really see Project Blank this year or not. It's been slow and most of the focus has been on CUB and PolyCUB.
Posted Using LeoFinance Beta
#PorjectBlank is dependent upon Leoinfra which is tied to the mobile app.
So the progress being made on the latter is what tells us how much progress is being made on PB.
Coin toss if we see it this year.
Posted Using LeoFinance Beta
The funny thing is that crypto markets don't really reflect what's actually happening in the industry, it only reflects how the majority feel about the industry.
Posted Using LeoFinance Beta
Markets are insane, driven by fear and greed. They reflect nothing but the price some lunatics (maybe a lot) are willing to pay.
Price is up, then down...which is right. Both? None?
Posted Using LeoFinance Beta
Please stop encouraging my competition for Leo.
I need to buy more.
JK of course. LOL.
:)
Posted Using LeoFinance Beta
Okay.
Anyone reading this, do not buy LEO, it sucks. Buy anything else but LEO.
That make you feel better?
Posted Using LeoFinance Beta
May I add my 2 cents?
Do not buy LEO
Do not buy CUB
Do not buy PolyCub
Please...
Posted Using LeoFinance Beta
Yes..
Tell everyone do not buy moar!
:-)
Posted Using LeoFinance Beta
Ha Ha Ha !
Exactly!
LOL
Posted Using LeoFinance Beta
I'm always curious about Leo Finance Project. These guys are really doing great work on hive but I have only one concern about the team why they are launching so many token? It can be a single token on different blockchain.
Can you please answer following questions
Is it good time to buy $Leo or it can dump more.
Is it possible to $Leo to break it ATH in next bul run?
Markets can always go lower so keep that in mind.
Different tokens are different use cases. They are not directly tied together. CUB and pCUB are on different chains and tied to DeFi. LEO is the proof of brain token on Hive (and some derivatives in liquidity pools).
Posted Using LeoFinance Beta
It is true that each bear market is an opportunity that cannot be taken advantage of by everyone, but what is the ideal time to invest some money at a good price, that is true, where some people see problems, others see the opportunity they were looking for.
If nothing else, everything is much cheaper than it was 6 months ago. Not sure that helps with the long term prospect of anything but it is still a help.
Pick the right project and it can be a huge winner.
Posted Using LeoFinance Beta
Exciting 🤩 now is the time to build up Leo 🦁🦁
As it all will go up eventually.
The team is working so hard on new things, they will come together and than 😎🤩 yes… exciting to be here now.
Showing up every day does work. Even in these times we are in now.
Posted Using LeoFinance Beta
It always was time to build up the holding of LEO. LOL
The difference is that it is cheaper now.
Posted Using LeoFinance Beta
Of course hahaha now it is extra cheap to do so 😎
I should have written “THE” time lol
Posted Using LeoFinance Beta
For some this correction is a blessing while for others it may be a disaster. 8 months ago I thought that I'll never accumulate a few thousand Leo but here I am having a blast while filling my bags.
The post-covid market was an overreaction and this war and inflation themed crash feels the same. At the end of the day everyone gets the entry price they deserve I guess.
Posted Using LeoFinance Beta
Risk off is certainly on right now. That means, as long as the sentiment is out there, the markets, including crypto will have headwinds.
For this reason I think those who are filling up their bags on quality stuff will be happy.
Posted Using LeoFinance Beta
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I buy Leo every day, and while one can make a case for Cub here as well if you are active and participating on LEO buy some LEO you will not regret it.
not financial advice, but it is..
The upside on Leo is in my opinion the easiest gain in crypto and you can use your new stake to earn and grow while you wait.
Activity is good, users are growing and the team is amazing and yet you can make yourself a whale with $2500. You can make your stake meaningful with $500. It's ridiculous.
BUY LEO
Posted Using LeoFinance Beta