Posts

Pretty Close to Achieve my Leo Goal for 2021

avatar of @reeta0119
25
@reeta0119
·
·
0 views
·
3 min read

Leofinance is such a vibrant community on the HIVE platform and I visit this place every day. There is a lot to learn here every day throuhg amazing posts and engaging with great articles published here. I have been trying to learn more about crypto and finance and this community has helped me a lot. Be it crypto, investment, DeFi, and much more. Learning is so much fun and choosing the right platform is very important and I a glad to share that this is the one if you are looking for a place you don't just earn but also learn more about things in finance. I spend some time every day exploring the news about rypto, new things, and how can I learn more to enhance my crypto journey.

I had created my Leo goal at the beginning of this year and it was to have 1000 Leo Power. I am much closer to the goal as I now have 935 LP and there is a gap of only 65 LP which I expect to achieve by mid-November month. I have delegated this entire power to @brofi as I don't get time to curate and keeping it idle is not a good idea. I think that its a good idea to curate but this is not possible for me as of now however if I feel that in the future I have more time then I will surely think of doing it.

This almost 1k LP is a big achievement for me, so what do I do to achieve this mark? Let me answer it here-

  • I create content regularly on Leofinance and I get support on my posts by the community. I earn Leo tokens that I power up and I don't like to keep the tokens idle because its not a good idea. Since I have delegated the same to brofi so I keep on updating as and when I get some additional LP.

  • I also did buy some tokens from hive engine recently the price is a bit down. Since the hive price has grown nicely so now for 1 Hive we can get about 3 or more Leo and I use some liquid Hive to buy the tokens. Buying cheap and power-up is a good way to make a double profit. First, we can bag more tokens, and second, with power up, we get to earn additional rewards either through curation or deletion.

  • Engagement is another part that is very much needed and helpful to grow on the platform. It also plays an important role in learning and in fact I learned about Defi here only. I used to stay away from DeFi because of high risk and after going through various posts about DeFi it helped me to enhance my knowledge.

Now since I am able to achieve the goal bit earlier so now I am not going to increase it further instead I will continue to add more LP to my account. I will set up another target in Dec month for the next year 2022 and this will be bigger than what I have don't this year. One winning encourages us to try more and I am feeling so confident that I will be able to do this. People often say that money management is something that women are not good at but I don't believe in this. Why should women be listed to stuff like food, makeup or design, etc? They must be part of growing technology, investment opportunities and I am happy to say that I am involved in a couple of great things in the investment.

I used to be a traditional investor but not anymore as I have started investing in crypto and one simple but effective strategy I follow with my crypto investment.

  • Never invest without study and research.
  • Never invest if I am not convinced based on the fundamental value of the project.

I am not good at technical analysis so I don't go more into that and that's why I prefer to by fundamental analysis and its also one of the best ways to evaluate the project.

Its very important to set up goals in life because this way we can track the progress and figure out if things are good or there is a need for improvement. I did the same and I will share another post once I achieve the goal 100%. Indeed, its always a great feeling when we achieve the goal and I am happy that I am super excited to see this crossing 1000 LP next month.

Thank you so much

Stay Safe

[Images are taken from Leofinance website]

Posted Using LeoFinance Beta