Has the tiime for investing into crypto been and gone?

Authored by @silverstackeruk

Hello LBI'ers, we are all aware that the crypto bullrun is starting to kick off and we are seeing x2-5 returns on many popular crypto's. The media has reported on this but there is nowhere as much media attention as there was during the end of 2017 so there is a lot of room for growth and I hope crypto, in general, gathers a lot more media attention as we move further into the year. From the few posts I have seen mainly from UK newspaper feeds, most have been about BTC hitting new all-time highs and the most recent one was asking if it was to late to invest into BTC.

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I can't imagine what it would have been like back when BTC was trading for $1 and investors were holding off buy orders to save a penny per BTC they bought. If they had known it would be trading for $37k 10 years later, they would not have cared so much about saving 1% on their investment. Looking at the price of BTC today at $37k, will we in 10 years be looking at BTC and thinking, damn...BTC was for free when it was trading for $37k? What about LEO for $0.45? What if Khal releases some defi project that turns into a beast and we see LEO hitting all the crypto news streams as the newest token to see 10,000% gains with hundreds of millions of dollars of new money flowing into the ecosystem. Maybe that will not happen but we've all seen stranger things happen in crypto and fact is, it could happen.

BTC will not replicate its past 10 years performance for the next 10 years as it's grown from something with a market cap of a few million dollars into something with a market cap of a few hundred billion dollars and each time the price doubles, the market cap has to double as well, that does not mean the other newer cryptos dont have the potential to produce 100x returns over 10 years and that BTC will not 10x itself in 10 years. Half of the cryptos in the top 10 ranked by market cap have been around half the time of BTC and im sure in 5 years, the top 10 ranked by market cap will look different than it looks today and contain things that not been released yet.

Even when we look at the tokens that already exist people say that chainlink could be a top 5 tokens someday, vechain or Zilliqa could become top 10 cryptos by market cap within the next 12-18 months, Pokiadot is a potential ETH killer and Cardano they say will go crazy 2021. We could also look at LEO as the best performing tribes token on HIVE through its innovation and consistent push towards achieving its goals and question will it continue to grow in dollar value. One thing we knew about LEOFINANCE is they normally deliver what they say they will, based on their roadmaps, there is no multi-month build-up for disappointment when announcements are made and being centralized has given the LEO team the freedom to do as they see fit based on there interactions with the community without any of the strings that are attached to decentralized governance.

When LEO first launched, I liked it. It quickly became my favourite frontend to read content as I like financial content and LEO was the first sub-account created for SPI based on it being a financially based tribe. I never had that much faith in its token price, it was just another tribe giving away free tokens for using their tag be it my favourite frontend to read from our not. Over the past year, I have watched and witnessed Khal and his team deliver on what they said and even more. When you can turn someone that see's the token as a free reward into an investment, you've earned trust. When I see people asking is it too late to invest in LEO, I think long term no because we can expect more innovation and LEO's use cases to increase. Khal is onto a winner with LEOFINANCE and he knows it, I would guess most of his day is spent thinking are working on something LEO related. Do you think Khal thinks about LeoFinance when he's in the shower? driving/walking around? are eating his dinner? I bet he does.

LeoFinance has shown over the past year, it will deliver what it says and I believe that past actions can be used as an indicator of what will happen in the future. 18-20 months ago, I saw LEO as another tribe token but it's proven it's self to be worthy of its value, so much so that we can launch an independent LEO backed token that collects 200,000 are 3.34% of the total circulating LEO supply within 4 weeks of launch. If you had said to me 18 months back, "here SSUK, your gonna help start a LEO backed token and we'll issue almost 200k in the first month", I'd have asked you to share your drugs with the rest of us. Time makes fools of us all eventually.

LBI has been set up to be a long term investment for LEO token holders. As time goes by, I am sure others will build projects using LEO tokens. If we can create an investment token, others can as well. wLEO is open to be used for anything that can wrote into a smart contract. LBI is just the first of many tokens to be priced in LEO as people follow the money. Being the first, LBI has been able to put itself into a great position to ensure it "should" always be the most valuable independent LEO based token within the ecosystem are until someone releases some sort of epic LEO dapp.

LBI has not even started to look into other sources of income yet and we have the support and tons of people ready and eager to get going. Believe me when I say this, I consider this month of January to be a vacation and the work has not even really started yet. We are still in set up mode with LBI, it's gonna take another month is so to get governance sorted and then we can start to explore investments such as wLEO LP, ETH and maybe LEO miners if the prices at the time permit it.

Long term I see LEO performing well in terms of dollar value. Short term, who knows? It might slip to 3.5 HIVE, it might smash through 4 HIVE and never stop. If you questioning whether the price of LEO or any other crypto is too high right now to invest in, consider cost averaging your buy over a few months. You might overpay in Jan and Feb and get some cheap in Mar and then new all-time highs again in Arp.

Who the f+&k knows man? It's crypto madness, we love it and we know what's coming 2021. When crypto is all over the media, tons of new youtube crypto channels have been created, the people at your work are asking you about should they buy into crypto because crypto is trending hard on Twitter and Facebook, the question of is it too late to buy in becomes more feasible.

Hell, the whole 2021 bullrun could turn out to be a false bubble built on anticipation alone, BTC could be trading for $10k next month and the whole of crypto land falls apart into nothingness. Defi could fall apart, tens of thousands of crypto users fall out of love and move on the next thing, the next revolution. I'd bet my pension otherwise (literary) but its crypto madness and anything can happen, let's enjoy the ride. Im banking it never ends.

Quick Updates

  • The token holder vote on which governance model we should end very soon and the results will be released tomorrow.
  • We also put out a quick vote on whether are not to hold off on paying out dividends from the @lbi-gov account which ends tomorrows
  • Apart from that, powering up 100% of LEO earnings and powering up all HIVE earning to delegate to leo.voter.

We have 3 weeks left in January and the LBI token price is locked to 1 LEO for the rest of the month. I can say that when the price does start to increase, it will go up in rounded up increments of 0.05 LEO so if the LBI was worth 1.07 LEO, it would be issued for 1.10 LEO as it would not be that long until it was worth more 1.10 LEO as earnings continue to come in.

Thank you for reading through today post and well done for getting to the end, you win 3 unclaimable, non-cashable, non-transferable thumbs up points

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What do you think the LEO dollar price will be in 12 months from now? Just throwing that question out there, would be nice to see some people thoughts.

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certainly today it is more expensive to invest in crypto projects than a few weeks ago. But if we always think long-term, cryptocurrencies are still very cheap

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Very true, long term thinking is the key. Lots of people focus on short term gains and fail to see that HODLing a few years that fly by can have a much greater impact on profit.

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There's something you've realistically mentioned here and that's the fact that there's no predicting the level of growth we would see in the potential projects we are seeing currently. As for Leo, there's no predicting how high it can go because the most craziest of things happens in crypto. BTC has proven that long-term should always be the goal irrespective of how much short term goals we want to take. Believing in growth is the key to lasting so long. Cheers for the motivation this morning.

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Good morning and im glad you enjoyed the post.

Im no crypto OG but I've been around a minute and at this point, LEO could be $1 next week and I would not even be that surprised. haha. We are so spoilt, haha.

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Lol the growth rate is something we cannot quantify sometimes, it's just so astronomical. Hopefully we even hit more than that in the near future.

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I always remember watching a podcast with Khal talking about $5-10 LEO before they launched the 1st wLEO. They were talking about it like it was a dream and here we our more than 3 times the value of HIVE.

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People think in numbers they are comfortable with. For example, if $100 is a big number to someone, then $10,000 is unimaginable.

However, there are quadrillions of dollars in assets out there when we include derivatives. Thus, the amount of money and assets that can flow into DLT is incredible.

It is only a matter of time before things really go parabolic.

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Yeah I think the numbers are still favourable, this is because we haven't even see the big numbers yet and crypto is just beginning to move off the adoption stage and people don't know it's not yet too late. What of a future time when BTC might be 200k?

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I would be good at $1, but it'll be higher.

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:)

That's hope so, i see all the innovation coming from LEO and each project attached to it adds more value. God only knows what it'll be worth in a few years

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I love all the January optimism, it was a hard year on many last year, and this year may be as hard. I do think LEO will rise throughout the next 6 months, and I am still looking to see where Hive ends on its anniversary date in March this year, not that far off.

Perhaps a pre-cog crypto contest, what price will Hive be on March 21st and what price LEO?

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Yes, im surprised everything is still going up and that the market has not corrected yet but its still early in the month.

No idea what the price of HIVE will be. We'll see what happens and how both perform vs each other.

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I am not sure you will see much price action in Hive by that date. It all depends upon the development that is taking place and the roll out.

Leo's microblogging, 3Speaks SIP, and DLUX are all things that need to be going strong before we see a major move in Hive I believe. That will take a while especially since 3Speak is dependent upon some type of smart contract platform rolling out.

That is the focus of the development team but it takes a while to complete.

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What I am waiting for is for the public to accept crypto. It has been made easier through the stable coin adoption by central banks, but more work is required to increase the people involved. I personally see that there will be winners and losers in this crypto market. If you find a coin that has potential but hasn't run yet, then you may have a chance to enter before it's bull run.

I think Leo dollar price 12 months from now will be about $1. As much as I like Leofinance, I prefer steady development rather than rushing it. As they say with stocks, stocks takes the stairs up but the elevator down. All it takes a few bad news before price takes a hit and recovers. If it moves slowly but steadily, I think the weaker hands might not lose their faith.

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Very true, I remember I bought my 1st BTC through the second life game with linden dollars I think they are/were called. Nowadays, I do a few clicks and its done. Is numbers are not massive, not sure how many crypto users there would be worldwide, a few million I would guess. I see these funds buying BTC which puts it into a lot of people pensions without them knowing it so lots of people will be invested in crypto and not even be aware of it.

Slow and steady is good, I personally have no idea what the LEO price will be by year-end but I guess it is higher than it is now.

Thanks for checking out the post and dropping some feedback :)

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12 months is about 12x too far for me to guess

I'm picking btc to go up to 40 and back down to 20 by Feb, and Leo to drop a little bit when etherium crashes any minute

That is not long term, but in 30 days, thos3 are my best guesses

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lol, yes 12 months is a long time. We were all posting STEEM last year before Justin Sun shows up to buy Steemy.

I thought BTC was going to drop when it hit $30k but it's kept going.

Your guesses are realistic, i say that because they full in line roughly with what im thinking, haha.

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That makes a lot of sense. We will see if it happens that way.

With such a push higher, it is hard to tell where a pullback will come.

Hell I was expecting one in Tesla for the past 6 months and still havent gotten it.

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IMHO, the media finally goes mad once BTC tops $200+K

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More info why you see this.

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I agree, and think when this happens, we could possibly see one final big push by bulls to higher prices.

It's crazy to think about.

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It's always time to invest in crypto (or any other asset).
Chance we have with crypto is it's very liquid and easy to enter.
A good thing to do, if you don't feel like a trader able to time high/low prices, is to invest a small amount weekly or monthly. You'll buy some at high price, some at low price.
You'll end better than most trader I believe.

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I would have said 50 cents Leo a couple of months ago, Now I will go with $2.50 in a year. I hope if and when the bull market simmers that we stay over a dollar.

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Thank you for the good read!
My bet is that Leo will be at around 16$ by the End of the year. Sounds crazy? It is, but it is a project that brings several parts together (tech- and finance educated community, money-influx over Adds, DeFi plans, fast scaleable blockchain without fees, developers that are getting shit done) that I haven’t seen in other projects all together. I bet on a x40...

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So you have Leo being around $100M by the end of the year?

I really hope you are correct. That would be a reason to party.

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Yes, and if we look on it like this, we should have higher hopes even. With a 100M$ Market cap you are the number #115 Crypto-project at the time of writing according to coingeko. How many projects within these 115 have not even a usecase for their Blockchain? There will be a lot of movement during the next month, and if only 1 out of 100 people interested in Crypto will get their informations from Leofinance, this platform is for sure worth more than that.

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like more than the 65% of all the market cap its on bitcoin, with all the certainty that the money will flow to the alts eventually. Bitcoin as a technology its really behind from a lot projects so i cant find rational to see it taking all the market cap.

Its a good time to invest for the long term

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I think Leo ends up getting a lot of buying from those who are involved in it as opposed to money rotation out of Bitcoin. We will likely see those joining the ecosystem, in whatever way, accumulating a few tokens here and there. With such a tight float, that will keep providing upward pressure.

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yeah.. even if we compare tech potential between LEO and BITCOIN, i would prefer 100x times LEO. The scalability its easier in LEO and, 0 commission and instantly transaction. Now i really prefer as you said to accumulate a few tokens here and there.

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Awesome info, this was a really great read. I have been really excited about the investment I have been putting into LBI. I know there hasn't been a lot of movement yet, but the anticipation is real! This is going to be such a great project. I am happy to be part of it from the beginning.

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Well the price appreciation, in USD terms, of LEO is mirrored by LBI. Actually, it is a big higher since LBI is now worth 1.2% higher.

Thus each LBI is worth $.49588 using 49 cents as the price for Leo.

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It's crypto madness, we love it and we know what's coming 2021.

In an overhyped crypto bull-run, the strongest weapon is the speculation of people to boost the price of a cryptocurrency 😌

It's likely to see ~$2 in a mid term imo. What makes me think in this way is that there is an era in bull-runs when crypto lovers start seeking for ways to "earn" crypto but for trading them. This inner-madness will boost the price of Hive, Leo, Uptrennd, Torum etc. Actually this is what I infer from my sentimental analysis ^^

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There will be always a time to buy some crypto!
LEO and LBI are doing so good right now, I hope this will keep on going the hole year.
I think in the end of the year LEO will hit $5;)

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What if Khal releases some defi project that turns into a beast and we see LEO hitting all the crypto news streams as the newest token to see 10,000% gains with hundreds of millions of dollars of new money flowing into the ecosystem.

I am not sure about the hundreds of millions of dollars being attracted but it is safe to say DeFi projects are coming from Leo (and Hive too). LeoFi was tossed out there for a reason.

No it is not too late to get involved in LEO. The development is just getting started. The two biggest things on the near term agenda have not even been rolled out yet.

Wait until you see where this place is come the end of the first quarter (development/application-wise).

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Looking forward to watching Leo grow! My little Xmass gift to myself has already doubled in value. Looking forward to seeing the new ideas coming from the Leo think tank.

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Leo should easily go upto $1.50 after series of airdrop and second layer governance announcements.

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woohoo - i get to add 3 unclaimable, non-cashable, non-transferable thumbs up points to my stash.

i don't know where any of this going - except for UP UP UP as long as we keep building

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Im an old Steemian and just came back a few months ago.

You Young Children with your Leo Tokens and your Walkmans... :D

I like the Leo Frontend but I have not a single clue what Leo Token in specific is used for. I guess I have much to learn.

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It is used like Steem, it is a proof of brain token, at least that is one of its uses. Stake it and you get increased voting power. It also can be wrapped, coupled with Ethereum, and placed in a liquidity pool.

Or you can send it to @lbi-token and get 1 LBI for each LEO.

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Now i want more LBI :D If i send 11 LEo i get 10 LBI at the moment right?

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NO, at the moment if you send 11 LEO, you get 11 LBI. It is still a 1 for 1 ration.

It will increase the end of January.

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(Edited)

very good publication, I remember in 2017 when the btc came to be at $ 19,700, luckily I bought when it was at 12,000, I would have liked to buy at 7000, but out of fear I did not, I hope history does not repeat itself with leo

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now we are in the face of mass adoption

Satoshi would be proud

Daily Manager

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It's really amazing to see the ride with BTC. I never imagined BTC at $40k this early and its already happening. With the trend, a $100k BTC looks feasible,. Let's tread with care.

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I would see LEO standing anywhere between $1 and $2 depending upon the announced rollouts to take place - micro blogging, token integrated directly over Hive and other new features. Also as I see it I will not sell under $1 as that is my minimum price to sell. But we shall see how the markets evolve, if there will be a big correction will affect also LEO which could get back to $0.30 range and grow much slower from there.

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When the value of a project is great, it is never too late to start investing.
LEO is worth much more than its current price
!BEER

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It's never too late.
I can see the coin (LEO) hitting $1 easily this year.

Depending on what other projects come out I would adjust that.

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First, to answer the question I see LEO at 5$.

Crypto is still used by a few people compared to the whole population world wide. Imagine if everyone in the world would have a little stake in Leo. At 8 billion people this would be a very high distribution.

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There has been so many new projects coming up in the cryptosphere and there has been so many upgrades to the existing projects we had. HIVE DAPPs are a perfect example for that. Yet what do we see when it comes to marketcap:

How much improvements did BTC get during the last few years. I'd say not much at all. Yet what does the prices show? What do you think is going to happen to the prices? There is so much speculative interest in BTC. But the real potential has been growing in the altcoin markets. Take a look at recent LEO price. It's the alt season that is starting. BTC will have to loose its market dominance soon.

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The current price is 3.98500 hive. The trading history is all buy, it means that most users who bought keep the token in the wallet. They are waiting for the coming projects.

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It's better now than later. Every single penny set aside to buy a leo now will count in the future. Others say it's possible for 1 leo to hit $1 in 12 month's, I say it's going to hit $5 before December 2020.
And this opportunity must not pass me by

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We very well could be in the early days. Who can tell how high Bitcoin will go? Also, new projects are starting up every day. Opportunity is still out there even if today is a good day to take profits.

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It really won't always be the same, but we must bear in mind that we must not give up and that despite the mistakes we may have along the way, we must keep moving forward, although it is not easy.

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