50k Leo Power ✔ 50k Hive Power ?

avatar

image.png

I bought a 10k Hive in June last year when the price of Hive dropped to 30 cents. A few months later, when the price went over $1, I regretted not buying 50k.

Starting from May this year, the Hive price started to decline dramatically. So I transferred my stable coins to my Binance account and waited like a lion preparing to pounce on its prey. On May 11 the Hive price dropped to 40 cents for a few hours and I was able to buy a 10k Hive. Later, the price of Hive rose to 58 cents. I was proud of myself for buying the dip. However, the Hive price began to decline again. I made another 6K purchase at 44 cents.

In the following days, there was a great collapse in the market and the price of Hive fell to 33 cents. I made another purchase of about 10k Hive from that level. I used some of these Hives to buy Leo tokens. As of today, I have reached my 50k Leo power goal.

With the purchases I have made recently, I have reached 50k Hive power as well as 50k Leo power. But 20k of my Hive power comes from a delegation that is about to expire. On the other hand, today I entered an offer to rent 40K Hive Power on Dlease with a yield of 10,37%. So I hope to have leased 40k Hive power instead of 20k delegations ending. If my lease request is met, I will have reached 70K Hive power.

In the coming days, I aim to have 50k Leo power and 50k Hive power regardless of delegations. I need to buy a 20k additional Hive for this. If the Hive price drops to the 20-25 cent band, I will make this purchase, but I do not wish for such a situation to occur. If prices go up, I can buy another 10k by the end of this year with some NFT sales, my writing income, and my last crypto funds.

For the end of 2023, I have a target of 75k Leo power and 75k Hive power. I plan to write an article every day to achieve this goal. I also hope that the Ragnarok NFTs that I will have in the coming period, as well as the Hive Punk and PsyberX NFTs, will support this goal.

For the end of 2024, should I set a target of 100k Leos and 100k Hive? Events in the crypto market are developing so unexpectedly that after a while all these numbers may become meaningless.

Earlier last year, I had a $3,500 crypto portfolio. At the end of last year, the size of my portfolio increased to $53,500. My portfolio is actually very small compared to the end of last year. I'm trying to turn the bear season into an opportunity with the funds I just added to my portfolio. Let's see how this effort will turn out.

Thank you for reading.

Posted Using LeoFinance Beta

hive leo tr cent ctp proofofbrain crypto leofinance
0
0
0.000
24 comments
avatar

Big numbers, but if you can think it, you can do it.

Later, the price of Hive rose to 58 cents.

Nice buy-in price. Do you think if you had sold at this point, you could have bought back in cheaper? And ended up with even more?

I ask this because I always think about it. Maybe it’s a poor people problem.

Posted Using LeoFinance Beta

0
0
0.000
Reply
avatar
(Edited)

Falling prices hurt. Especially when price drops continue for a long time. I try to keep my courage and morale high.

0
0
0.000
Reply
avatar

I just passed 50k Leo of my own and am already setting my eyes on $75k. I think there is a great opportunity in upward price movement! Plus I can stack during bear or bull seasons.

Congrrats on your 50k goals.

Posted Using LeoFinance Beta

0
0
0.000
Reply
avatar

Thank you! If the prices increase, our accounts will produce way more votes in dollar terms and author rewards will also increase. I missed the good old days :)

0
0
0.000
Reply
avatar

That's a big move right there.

With 50k Leo you'll easily get to 100k lp in no time, let's say a year from now or less, the hard part will be the buying of 20k hp to hit 50k and the grind on to 100k.

I wish you all the best in this journey.

0
0
0.000
Reply
avatar

this is so amazing to read. I always wonder how people do this to get ahead. Regardless of the buy ins you made you will be sitting pretty when we come out the other side

Posted Using LeoFinance Beta

0
0
0.000
Reply
avatar
(Edited)

Astonishing.... 50k Leo goal is awesome, and I'm sure that's the dream of so many leo users... What's even more great is your belief on ive and how you've gone in their to buy and stack up, people like you are the real MVPs

@tipu curate for your goals

Posted Using LeoFinance Beta

0
0
0.000
Reply
avatar

I believe in the potential of crypto and Hive. I have no doubt about the crypto ecosystem's long-term success. This belief does not prevent me from worrying when prices drop. Despite my anxiety, I continue to invest :)

Posted Using LeoFinance Beta

0
0
0.000
Reply
avatar

Yeah, we're humans, I believe that we inevitability fear dips and drops even when we're motivated to invest by any futuristic potentials. Kudos to you again.

Posted Using LeoFinance Beta

0
0
0.000
Reply
avatar

Between the beginning of the year and the end of the year, there is a large increase in your portfolio. Congratulations on your success in both hive and portfolio growth.

0
0
0.000
Reply
avatar

This post has been manually curated by @bhattg from Indiaunited community. Join us on our Discord Server.

Do you know that you can earn a passive income by delegating your Leo power to @india-leo account? We share 100 % of the curation rewards with the delegators.

Please contribute to the community by upvoting this comment and posts made by @indiaunited.

0
0
0.000
Reply
avatar

So freaking awesome mate. Many congratulations!!!! Next stop 100k. xD All the best.

Posted Using LeoFinance Beta

0
0
0.000
Reply
avatar

Good to hear and many congratulations.

The easiest way to accumulate LEO steadily I find is to delegate hive to @leo.voter - I think there's a dot in the middle!

Not that I've got much LEO Power I've stuck most of mine on the Cub DEFi platforms, I think like a lot of other people.

Anything mid 30s for Hive is a buy, I'd prefer low 30s!

Posted Using LeoFinance Beta

0
0
0.000
Reply
avatar

Thank you!

I am aware of the possibility to delegate to Leo Finance which provides a %16 return. When we add the %3 Hive power APR it makes %19. It is attractive.

Anything mid 30s for Hive is a buy, I'd prefer low 30s!

I agree.

Posted Using LeoFinance Beta

0
0
0.000
Reply