All-in On LeoFinance But What's Next?
Exactly one week ago, I published Accomplishments, Goals And My Next Steps On LeoFinance. I talked about my progress, my first milestone of 5000 LEO and I also talked about optimized content and organic growth as usual. I also mentioned that I should've had approximately 2300 in total, upon payout of my pending posts.
I'm currently sitting at 3784 LEO, so it's easy to say that I am growing rapidly and I'm heading straight towards my first milestone of 5000 LEO. Even my Twitter progress is mind-blowing at this point:
However, this would not have possible without the amazing support from the LeoFinance community and the much appreciated upvotes and rewards I am fortunate enough to receive for my contributions. As I have mentioned some time back, I buy LEO for all HBD rewards I earn, so the rate I'm growing my LEO stake is obviously due to me not saving HBD or buying Hive for my HBD rewards. Despite the amazing 20% interest rate. I would love to stack HBD for interest at some point, but I quickly decided to go all-in on LeoFinance instead and focus entirely on my LEO growth until I reached my first milestone of 5000 LEO.
At this rate, I'm hitting my target rather shortly and I am starting to think of my next step. Not sure if I should continue with the same approach, which seems to be pretty good, and go for another target of 7500 LEO, 10000 LEO or something, before I change things, or if I should go for something different this time.
I have published a few different posts during the last 7 days, and I want to shed some light upon them once again.
Boosting LeoFinance Visibility! 2800+ Tweet Impressions & 3400 Profile Visits
The Keywords That Brings Most Organic Traffic To LeoFinance.io! (Week #36)
Two of these posts are clearly to get some sort of discussions going. I truly believe that we can and should reward optimized content differently, or reward content creators that generates traffic with their optimized content in more ways than just by our upvotes. I want curators to fully understand that they hold the future of Hive and its communities in their hands. Each vote matters.
If curators would focus more on optimized content, we would start to rake in traffic rapidly due to all the outward facing, optimized content that would be created. I'm sure of that. Content creators are looking for rewards and optimized content usually takes more time to create than the average non-optimized post, so we need to encourage creators to put in the extra time it takes to create optimized content.
So, even though these posts are different, all of them have something in common. The focus is organic traffic, changing upvote behaviour to encourage people to create optimized content, details about the keywords that brings the most traffic and, an optimized post I have published with the intention of bringing organic traffic over time.
- I am all-in on LeoFinance and I am all-in on growth.
While the things I do is focused on overall growth in various ways, I want to do more. I seek new opportunities and I strive to do more and better. I have motivation, but I am somewhat lacking goals right now, which makes things a bit difficult. I have ideas. I analyze my own content and I want to improve, but I want to "stick with my theme" so to speak, which is optimized content and organic traffic. I want to educate others and I want to share information that turns non-believers into believers.
I want to change the game entirely, so we can lift Hive along with LeoFinance to the heights we are truly longing for, and that is not doable without organic growth.
- People need to understand this.
Now, the question is how I do things and what I should put in some extra effort into. Should I continue to stack LEO and buy LEO for my HBD rewards or would it be better to focus more on my Hive growth after I've reached the 5000 LEO?
I am thinking about going for Hive and focus on my stake until I reach a certain goal, but Hive is still something I grow without putting in any extra effort, as the rewards are paid out in Hive and HBD. I could go for Hive and delegate my stake to @leo.voter once I reach a certain goal, like I did in the past. That will give me some extra LEO.. The 20% interest rate on HBD is also extremely interesting, but I strongly feel that I would be better off with something different at this point.
- I might be wrong though..
It feels like I have a million options, but I cannot go with more than one. It feels almost impossible to chose, and that is why I’m trying to get some help from you guys.
- What would you do? / What are you doing?
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I set a goal for 20k and then 30k and I just passed 40k and I still want to be more aggressive. I pick up a little Leo every day.
Having so many options is a good thing, but I want to reward as many users as I can, so I power up my Leo.
For everyone I reward, they in turn reward others and the more people who feel successful, the better we all do.
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This goes well in hand with how I see things as well. The more stake I have, the more I can give, which is a good thing as we empower those around us so to speak.
I'm afraid that I'll miss out on things, if I go with another 5K LEO as my milestone though. From 5K to 10K.
I mean, buying LEO for my HBD rewards is awesome, as it helps me to stake a lot more LEO in total, but I also feel that I am missing out, or that I might be missing out on something else if I continue on the same path.
It's a tough decision to make, as I truly love LeoFinance and I am very passionate about it. I want to focus completely on this thing, but it might be a good idea to focus more on my Hive stake as well..
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It is a tough decision, not trying to persuade, just sharing my view, I have been slowly grabbing a little hbd and I have a small delegation on Leovoter too!
So many good choices.
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That's exactly what I'm looking for so I appreciate that you're sharing your thoughts, ideas and your own approach.
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I mostly do the opposite, and I power up Hive to be able to support others better with my upvotes. I would like to see the whole Hive blockchain be successful and thriving. Probably growing Leo at a bigger percentage would be better, instead of selling the most of it for Hive and for Hive Dollars (HBD).
So many moving parts to try to figure out. I go the LEO route, because of Khal and the Leo Team and how they are always buidling and releasing. However Hive does well too, layers of risk, and of course I hold some of all of it.
This is my thoughts as well. I love Hive and it seems to be moving forward in a great direction, but LeoFinance feels more like home.
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It's definitely a good move regardless, because at the end of the day, we're still growing and Hive is our mother so to speak.
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Probably everyone should think and do like this. The people should support each other, and this whole platform would thrive. Everyone would be successful.
I totally agree. I'll dip my toes in various things along the way, when I've grown my stake further, to "spread the wealth" further.
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Chain reaction :')
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One thing often leads to another. Just wish it would be more true when it comes to engagement.
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I go pretty much all in HBD because I like the "stable" growth, but think there is more potential of you go all in on Leo.
What I love the most about HBD and the savings is that there are things in place to make it stable and valued at $1 at all times. Or things that tries to stabilize it there. Add 20% interest on top of that and you beat any other savings account on the planet, which is why I definitely want in. I'm just thinking for myself that there's a place and time for everything, sort of.
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Nice move mate and you are thinking right. Use your Hive rewards to power up and delegate to @leo.voter. You will get LEO daily which you can power up to hit your 10k LeoPower target. ✌️ This is what I am doing.
Building both Hive and Leo stake makes a lot of sense to me.
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Do you think I should continue to buy LEO for my HBD rewards as well, or buy Hive for those rewards instead?
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I use my HBD rewards to buy LEO and invest in other projects I like. HP rewards remain powered up.
If you like Hive and Leo and confused between the two, go for 50:50.
Because these are the top two cryptos of the Hiveverse. ;)
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Yeah.. Would be interesting to know if one thing was better than the other though, in terms of individual growth.
Even though I like my current approach, if someone told me that "hey, this or that will 3x your growth", I would most likely change my approach as I want to reach higher goals individually.
Not sure anything would be much better than what I am doing currently though, so I might just stick with it.
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Diversifying your portfolio over the long term is a better approach. That way, you won't have to sell all your coins when the market is down or you need the money.
But I'd call you smart if you want to go all-in on LEO. But even then you can diversify like 80:20 Hive:Leo. There's no right way to put it. Totally depends on what you want.
I want to spread my wealth over different assets. Can't rely on just one.
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That's a very good point.. I've been thinking about this lately and I might change my approach slightly moving forward. I'll still go with LEO as my main token though. I think.
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I just add LEO each month to my stake and to CUB. It's my way of participating and I think it's good either way. A little bit of growth is always better than nothing and I have my portion of HBD rewards earning 20% in the savings. If LEO does drop a lot, I can always take out some HBD then to buy some.
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This. I like things like this. You're thinking ahead, which I rarely do, lol.
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LEO is my priority for the moment as well. I've been saving some of my HBD and the rest I use to buy LEO. I think it will pay off in the long term.
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Yeah..
The way I'm trying to see things is like this:
HBD sits at $1. There are things in place that is trying to stabilize the price so it's valued $1.
Everything can happen though, but it's likely to see it sit at $1 as it aims to be.
LEO on the other hand, is undervalued right now, according to me. I feel that 2x-3x the LEO price could happen anytime, so I'm better off trying to grab LEO tokens while it's cheap.
LEO would still be cheap at 2-3x as well, but I have a great opportunity to get my hands on more LEO nowadays with my HBD rewards than I would later on.
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Very true
LEO is criminally undervalued! Great time to scoop as much as we can
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Indeed. Especially with the prices we see right now. Won't take long before it go up again.
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