I'm also reminded of the Pick & Shovel Play during the Gold Rush times. "A pick-and-shovel play is an investment strategy that invests in the underlying technology needed to produce a good or service instead of in the final output. It is a way to invest in an industry without having to endure the risks of the market for the final product. "
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That is true. Although with Leofinance (Hive) we do have to pick up the shovel and start digging if we are going to see this being a success.
So we both invest in the shovel dealership yet also do the digging. We have many roles to play here.
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agreed, and even if we do not find "gold" we are still rewarded for our efforts along the way, unlike most of the poor bastard prospectors back in the old wild west!
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What we do is, with each action, we are pulling up more dirt. Yet here, even the first have value. Sure it isnt a large golden nugget in most instances but the piling really works. We keep filling out bags and let the market enhance the rest.
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