LEN Price Speculations
After reading the comments on the last Liotes News post, I had to jump back on camera and reply to some of the concerns from commentators...
Liotes project is like a mirror of its investors... All funds that are inside the project are funds that you spent to buy LENM (or LEN), plus profits from different income streams (@liotes.voter curation rewards, @ourpick curation rewards, tribe token earnings, dividend tokens earnings, etc), minus already paid profits through buying and burning LEN tokens... People who bought their LENM tokens 2 years ago have earned profits during all that time (if they staked their LENM tokens), and they still own their LENM that are valued even more today, than at the beginning...
But, the topic of the video was the LEN price... Is it undervalued? Is it overvalued? What is the "real" price? Who determines that? Check out the video and tell us what you think in the comment section...
Again, this is just my point of view and it can be opposite to your point of view... It is not financial advice either, so feel free to do whatever you want with your tokens... That is the point of cryptocurrencies, isn't it? Freedom to do whatever you want with YOUR assets...
PS. I made a mistake in the video saying that all staked LENM tokens are mining 1004 LEN tokens per week... The real number is 1008 tokens...
Liotes
A project run by @ph1102 and @achim03
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Nice video. I believe I saw a few Orange trees scattered around your walk and the terrain looked to be fairly arid landscape.
So far the LEN token has appeared to be a steady raising token. Not a lot of volatility which I believe is a good thing.
!PIZZA
That's my favorite route for daily walks... 😉
And regarding the token... We will see where will the price go... We are adding value to it, the rest is on the token holders... ;)
$PIZZA slices delivered:
ijat tipped liotes (x1)
@cursephantom(1/5) tipped @liotes (x1)
stdd tipped liotes (x1)
Well, like you said at the beginning, if you read the white paper, there's no question. Provided you understand what you read.)
And yes, you can choose any strategy for yourself. I'm trading everything on LENM for now, but when I have the money I'll also participate in the liquidity pool.
One thing is clear, the project will grow. It remains to choose whether you will grow in it or without it))
Happy weekend ahead!
!ALIVE
!CTP
!PIZZA
!LOLZ
!LUV
!invest_vote
@liotes! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @stdd. (7/20)
The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want.
People are "afraid" to sell tokens as it is a bad thing... It's not at all... Normally, people take profits and they should do it...
We appreciate every person that is/was involved in our project, in any way, owning the tokens, or just engaging with us... The most important is that people get value for their investment (time or money)...
Thanks for your comment and all the tokens! 😃
@stdd denkt du hast ein Vote durch @investinthefutur verdient!
@stdd thinks you have earned a vote of @investinthefutur !
Great work with the tokenomics. It is good that the LEN project has this great use case to need to buy LEN tokens from the market. I hold most of my LEN in the diesel pool. I think the LEN token is a good and stable token. The value I guess is whatever somebody is willing to pay for it.
Exactly! If the token doesn't have value, people will run out of it, if it does have, I suppose, people stick to it and accumulate... But, to be honest, we are here for the profit and everyone can take some when it wants... 😉
And regarding tokenomics, we were thinking a lot about it before we launched the project, but during these 2 years, we had (and still have) many surprises and obstacles to cope with... Some are positive, and some are negative, but as the base is good everything can be solved...
https://twitter.com/4780247482/status/1641806717666115587
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Post voted 100% for the hiro.guita project. Keep up the good work.
New manual curation account for Leofinance and Cent
Thanks for the curation.
I'm happy to give the LENM token I bought a shot. The key thing to everything is not to put all your eggs in one basket. :)
Diversification is always a clever way to approach things. However crypto is still a bit the wild west and even diversification won't give you a total protection :-)
I'm selling LEN every day too. That is not because of the trust issue tho 🤔. I just don't know what I can do if I hold the LEN tokens. LEN isn't for holdings in my viewpoint 🤣. Selling LEN is my strategy and If I want to increase my income in the Liotes project, I'll buy LENM by selling the LEN tokens 😁.
I think It's a good strategy to buy back LEN for HP delegators from the income of @liotes.voter. It's resulting in a buy wall too which is good from my viewpoint.
Keep goinf Liotes~ 💪
!LOL
!ALIVE
!PIZZA
@liotes! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @cursephantom. (6/10)
The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want.
lolztoken.com
Chase it around the block.
Credit: reddit
@liotes, I sent you an $LOLZ on behalf of @cursephantom
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You are right LEN tokens were never really meant to be accumulated. It's a kind of dividend token that allows you to get a return on investment in LENM or from delegations. The concept with the liotes.voter works pretty well we believe.
Good management of tokens is important and you have done well!
Thank you for the feed-back!
Your video style is really completely different from achim's! 🤣 Not going to pick between either of you though. That being said, the LEN project looks pretty decent as a whole. I will definitely be earmarking some resources into getting some more LENM tokens.
To be honest, @ph1102 made videos way before me. He actually convinced me to make my first videos :-). Even if I wasn't involved in Liotes directly, I would still invest in it because it's one of the few tokens that are actually backed by real value and real income on hive-engine.
Hmmm... Thanks? 😅 I will take it as a compliment for both of us... 😃
Believe it or not, it's not just videos that are different... We have different views about many things and cryptos... I suppose that's our main strength... Before making any decision, we have long debates... 😂
We have long debates but the surprising thing is that we come up with a compromise most of the time 🤣
Soon I will be acquiring some of these tokens. I like the way you guys are running this project.
Thanks for your consideration! You know where you can find us if you have any questions or doubts...
And thanks for your kind words!
Never saw the post to which you were answering about the comments!
But it gives you a good excuse to film while you have your daily walk.
Selling tokens is part and parcel of crypto. Too many newcomers especially, have had it engrained into them that they must HODL!
It is all about maximising your returns.
I shall have to read your white paper before Tuesday!
Hehehe... Actually, I was doing videos from my daily walks almost every single day in the past (on my personal account), back in late 2020, and early 2021... People found them interesting as I did them in similar places like this one, birds chirping, oranges blooming, quiet atmosphere... Nowadays, people need more of that...
Lately, I was exploring new communities, and Discord servers, and surprisingly, some of the "old" Haviers are pushing that narrative... You HAVE TO HODL Hive, or "stake my tokens"... Again, we have to show newbies the pros and cons of HODLing certain assets, but we can't FORCE them to do that... They have to discover whether it is useful to HODL or not...
Looking forward to having a talk with you on Tuesday! Enjoy your weekend!
Yes they really do.
I do love your philosophy, I am not as far as enginewitty with his I don't give a shit if you buy or not, but people should have all the info to make a choice.
Yes, I am looking forward to tomorrow too, it will be fun and am just about to make the announcement post.
Thanks for clarification and I think LENM/LEN has been a good investment. The free market determines everything and I think that is great.
Posted Using LeoFinance Beta
It's crazy to see the REAL FREE market nowadays... Everything is rigged, but with transparency in crypto, we can see how real/free markets SHOULD work in the traditional finance world...
Appreciate you taking the time to share more about LEN tokens! That's same as what I understand it to be. :)
It's great that we are on the same page! People must UNDERSTAND how things work, before getting into different investments, or any other endeavor... Transparency is the name of the game, and Liotes is all about that...
Thanks for being with us! Appreciate it!
Interesting information, thanks zoltan for taking time to explain the reasons on price increase and the concept/reasons of buy wall.
!CTP
!ALIVE
@liotes! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @imfarhad. (1/20)
The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want.
You are welcome! It is important for us that people involved in Liotes understand how it works and what are the pros and cons... Of course, we make mistakes like anyone else, but it's great to have two-way communication with the community! Taking notes, fixing things, and helping to understand the concept...