Source: GIF created by @sgt-dan with giphy.com
We now know the answer to the question, Why keep liquid LEO in our account? Folks that are followers of @leofinance were not surprised.
The FOMO (Fear of Missing Out) has already begun!
There is no $CUB Token listed on the HIVE internal exchanges yet and there are already bids! Someone wants to get in early and if I had any liquid HIVE, I would probably be doing the same.
The question: New stuff, what to do? I ask of myself and this is my answer to myself:
I got lucky and was able to remove my investment into the $wLEO pool at, what is considered now, low gas price (under 100 GWEI) NOTE: Sundays are a good, cheap day on ETH for gas (at least for us in the USA).
Bought up a bunch of LEO Tokens at discount prices. My current liquid balance is 1178.86 $LEO ($LEO has currently risen 13.33% in the past 24 hours.
My current Ethereum ($ETH) balance is 0.2159
Currently taking advantage of the LEO FOMO with my LEOMM which is now up to 110% as of the writing of this post.
Do your own research, but in my opinion, bLEO (LEO wrapped with BNB Coin) is going to be a major game changer. The promise of the BINANCE Smart Chain is much lower gas fees. We all like that. Even for long term investors, with the advent of Decentralized Finance (DeFi) the ability to change one's crypto position is important.
My advice to new folks that are just joining the LEO community and its many ways to earn crypto?
Do your own research (don't listen to me or anyone else shilling a project).
Do not invest more than you are willing to lose (Number one rule of investing in anything).
Save your keys! on a flash drive, piece of paper, and never on the hard drive of your laptop/desktop computer. Yes, even your seed phrase for METAMASK or any other wallet!
Do I need to say it? I guess:
This is not professional financial advice and I am not a licensed financial adviser. I take no responsibility for losses incurred by actions taken after the reading of this post. Your investment or trading of cryptocurrencies is your responsibility.
Thank you for taking the time to read my musings. It is greatly appreciated. Wishing you and yours blessings and groovy vibes today and everyday!
Posted Using LeoFinance Beta