Accumulate when the attention is elsewhere
What a great time to get back into Leo, sure it was hyped up and everyone and their mother was all into Leofinance, nowadays the talk is about Splinterlands here on hive, Lets dive into Leo and get back into the groove of things right now LEO to hive ratio is nice, considering the price of Leo is sitting at $0.209
While Hive is sitting at a nice thicc.. $0.813
That is a nice ratio to be honest, its back to where it started before it rocketed to 1 hive a pop.
Lets move along, and decide to set up a goal of 10,000 LEO staked. at current value that is about $2000 USD
not bad not bad at all
Pulling up some graphs from Leodex lets us see how LEO is doing in terms of sell/buy walls.
I wanted to see how much Hive I would need to get that LEO and if it would move the price a bit.. which of course it will, since there is no liquidity for me to get 10,000 LEO without paying a premium. Who likes to pay more though?
If I go check out Tribaldex and see the pool stats, I think I can make it happen, might still pay a bit more but better than on the market. Yes Hive has Defi Pools and we call them diesel pools, or at least the creators of it. By looking at the available liquidity on the pools.
Setting my price impact to 0.5% it minimizes loss, my goal say for end of October is to hit 10,000 Staked and I would need about 2923 Hive to accomplish this, with Hive being super hive by our standards, still to get 10,000 Leo wont be cheap.
Couple months back I wrote a piece on Leo when I was saying Leo under 1.50 is a steal.. I still hold that to be true at least for me.
Listen if you’re not buying Leo at these prices what are you buying? Leo under $1.50 is practically free I think at this point with the Leo bridge and cub finance and so much more things happening in and around just the Leofinance ecosystem makes you wonder what the real price of Leo could be.
Now maybe I was a bit too ambitious to say it is practically free, which of course that is not so.. What I do still stand by is LEOfinance is not done and will surprise us yet again.
Accumulate when the attention is elsewhere
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Great article, guess I better get in before you rocket up the price
Strap on!
View or trade
BEER.Hey @chronocrypto, here is a little bit of
BEERfrom @pixresteemer for you. Enjoy it!Do you want to win SOME BEER together with your friends and draw the
BEERKING.yep I have been accumulating as well. Crazy that it once was at 4 Hive.
You are right my friend, Leofinance still has a lot of development left and the price has not had any movement so far, quite the opposite. People are focusing on other things, especially BTC, regardless of the amount of volume in $ that has moved to Hive, that will be favorable for the growth of Leofinance in the near future (weeks I would say). Cub and its implementation in the polygon network will make the investor keep an eye on it and return to values as we saw in the beginning. The launch of the Leo app and the number of users who will use it from their mobile phone at anytime and anywhere in the world will easily lead to $ 2 per token, have you noticed the capitalization? It's surreal, anyone with something more than $ 2,000-5,000 can cause a movement in the price (you said it yourself), imagine when the whales arrive ... Add to that the altseason ... $ 5-10 / Leo?
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Yeah buddy, that's the right gif,we feel closer than ever!
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True! Don't chase the gains and let gains come to you!
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I wrote a similar post yesterday. Good that whales are not watching LEO right now giving an opportunity to accumulate.
I also think the price is quite cheap at the moment.Setting my sight on grabbing more Leo
I don't really plan on buying LEO but I don't have any reason to sell LEO. I just get what I can through blogging and move a portion of it over to CUB.
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We keep staking the stacks in our account here trying to build up as much as possible. Also delegating HP to the @leo.voter account earning that way.
Leo is a token I plan on getting more of after I can take some of my focus from Splinterlands but that won't be for after presale. The price is looking nice, its tempting to get in now.
Yes, leo seems to be in accumulation still. But it will pop one day.
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leo is down by a lot from its all-time high so I'm playing to by 500 leo when I have some money to spare