Remember: The time to buy is when people *don't* want to buy.

in LeoFinance2 years ago

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Welp, here we are....again. The markets are red and our favorite LeoFinance projects are bleeding profusely right along with them. #CUB has almost fallen to 10 cents and #PolyCUB is down below 15 cents. #LEO and #HIVE are both down significantly as well. It can get pretty depressing to look at account values that were double, triple, or even more just a few short months ago. Welcome to crypto!

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I've been involved with these markets for almost 5 years now and if there is one thing I've learned it's that when things take these kinds of beatings, it's time to start averaging IN rather than getting out or hiding from what's happening. It's not always easy, but time and time again, it has proven to be the best strategy.

One Regret

My one real regret in crypto was not following this advice during the last crypto winter. (I'm not saying that's where we are or are heading, just using it as an example) I got into crypto in August of 2017 just as #Bitcoin and the markets were starting to make their huge parabolic run to the end of the year. I 15x'd my account in 4 months....and then watched as it painfully made it's way back down to ultimately less than I'd put in when COVID hit and the markets took their final big drop.

I was fine with what was happening. I only put in money I could afford to lose and I realized the markets were volatile so...I took a shot and it wasn't working out. Life goes on.

My regret though, was the fact that I didn't take the opportunity to keep buying. It was obviously difficult to do. I mean, it's hard to go against the flow when all you see is negative news over and over again, with experts telling you it was all a sinking ship. I didn't know enough about what was happening to have the conviction to make the right decisions.

Now I do.

I've spent the last couple years reading and learning about what is happening with #Hive and #Leo and #Cub and #Bitcoin and #Ethereum etc., etc., and I have come to the conclusion that these things are here to stay and are only going to start playing a more and more important role in the financial world, and the world in general, over the next decade and beyond. The current financial system is irrevocably broken. The governments of our time have inflated their currencies beyond their ability to pay back and they just continue to kick the can of the reckoning down the road without ever even trying to solve the problem.

This is where crypto comes in. While it is years and years away from being able to "fix" the problem, it right now offers a way for regular people to get out from under the weight of the current financial crisis looming over the markets.

Do you Believe?

Consider, right now you can earn 20% on the #HBD stablecoin . Right now you can put money into #CUB at record lows and earn 60% yield***. Right now you can get involved with a groundbreaking new defi tech in #PolyCUB, again at all time lows, and make 30%+ yields, with a very legitimate chance at token appreciation as well. The key is: do you believe?

Do you believe that @khaleelkazi and the #LeoFinance team are building a sustainable ecosystem for the future? Do you believe #HIVE solves a lot of the problems most blockchains face and will eventually be recognized as one of the best blockchains in existence? Do you believe that the Protocol owned Liquidity that has been building in #PolyCUB will eventually support, sustain, and ultimately help PolyCUB and xPolyCUB thrive in the months and years ahead?

I do.

Nothing has changed

In my mind, nothing has changed for the worse over the last few months with these projects. In fact, they all continue to change for the better. The development behind the scenes continues at a rapid pace for all of these projects. These aren't static systems where we're all waiting and hoping someone will come along and discover them. They are extremely active ecosystems with development and innovations constantly being added. #Hive is a much better blockchain than it was a year ago. #Leo is much more robust with a lot more to offer than it was a year ago. And in another year, they will be exponentially better again.

The only thing worse than it was a few short months ago, is the price.

Opportunity Knocks

THAT is why this is exciting, in my opinion. Right now we have an opportunity to add to our bags at discount prices. While most of the world is bemoaning their lost value, we have a chance to build meaningful positions that, when the markets turn positive again, could catapult us to significant wealth. These are the times where people can make the big money.

Think about it, many of us loved #PolyCUB at $1 or more and were buying it with the thought that it could eventually go to $10 or more. We were investing in it for a 10x. Now we have the opportunity to buy it and make a 60-70x return if it ultimately goes to that same $10. Instead of $1000 turning into $10,000, now we have the opportunity to turn $1000 into $65,000. Or, you could just invest $150 and get that same $10,000 if it reaches the $10 mark. The point is, you can risk less and still make meaningful, life-changing amounts of money, if you believe in what they're building.

Like I said, I do.

Just the Beginning

I see #PolyCUB starting to gain traction over the next few months and then watching the team port the mechanics over to #CUB and ultimately to multiple other platforms. This is just the beginning and because of the markets, we have an opportunity to load up cheap and set ourselves up to make real wealth in the months and years ahead.

As I said, my one real regret in crypto was not continuing to build my bags when the markets were down. I would be light-years ahead of where I am now had I done that. I will NOT make the same mistake twice. I've done the research. I've asked the questions. I've taken the time to understand what #HIVE is building and what #LeoFinance is building and I've come to the conclusion that they are both here to stay and will ultimately become very successful and recognizable ecosystems.

Yes, the markets are red. Yes, the world is going through massive turmoil with wars and pandemics and inflation, etc. But the fact remains, in my mind, that crypto fixes many of these things and will thrive in the future, and #HIVE and #LEO are two projects that could very well have a big part in that success.

You'll never pick the bottom but I can't see either #CUB or #PolyCUB getting too much cheaper. It becomes worthless to sell them at these prices. It may take a while for them to go back up, but I'm adding to my bags piece by piece while they're down here. I fully expect I'll be happy I did.

Thanks for reading.

As always, this is not financial advice. Cryptocurrencies go up and down and you could lose all your money. Only invest what you can afford to lose.

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Anyone who has watched both hive and leofinance in the last one to two years can never ignore how massively we've grown to something of great value.

The world is ever-changing and the future is going to be a crypto-based world whether we like it or not.

These are the times I have once missed and I see an opportunity to increase my Leo bag this time.

I remember when Leo was at the $1 mark. Adding more to your bags at less than $0.2 now is nothing less than 5× when next we see it at a dollar mark.

I'm adding more Leo every day little by little and I hope to continue.

Polycub is still something I will get into when I have the resource but for now, it's going to be getting cheap leos for future airdrops and the opportunity that comes with LP holders on leofinance.

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Totally agree. Regardless of the price, the future has never been brighter. As I said above, these are the times when it is possible to make real money. You just have to do your research and gain the conviction that the value is there. Then you can be buying when everyone else is selling so that, later, you can do a little selling while everyone else is buying.

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Read how this all have started with Toruk

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Thanks for reading. Much appreciated as always! It definitely makes it easier to write knowing you're around out there to reward the effort if the quality is there. Thanks again!

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Not sure what this means but...ok. lol

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Haha. These are the alpha coins you mentioned Dagger! 🔥

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No matter how prices react, I am still on the same track. I still move over LEO to buy CUB/PolyCUB each month. In fact, I bought some PolyCUB in April because I think the price is starting to bottom out because the airdrop will be ending soon. I am looking more at the long-term game.

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Seems to be a good strategy. There's never been a better time to stack these things, especially if you believe they will succeed long-term like I do.

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These are my thoughts right now too. Hold the line people and keep stacking out of Fiat. Fiat is going to continue inflating like hell.

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Yes, selling things while they're down just to move into something else that is down usually ends up just whittling away peoples' funds. If you can find a way to use fiat to get these things while they're cheap using outside money, you don't need to invest a ton to get a LOT in return. As I pointed out with PolyCUB, $150 has the potential to be $10k down the road if it does what the team thinks it can do. Seems like a pretty good risk/reward ratio to me.

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To me as well. Planting a few seeds here and there and seeing what we get in a few years' time for our patience.

PolyCub did the exact pattern all other defi tokens do. Now if the team is good and the idea is good, it will soon start climbing up. So yes, I agree that it's probably a good time to acquire some more now.

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Yes, we've seen this pattern before. If you believe in what #LeoFinance is building then there's been no better time to get involved. The potential has never been greater.

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They're cheap, in my opinion.
So I just doubled my xpCUB and added some more CUBs by swapping CAKE to CUB/pCUB.

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Me, too. Although I used outside funds to do it. I'll probably keep adding as long as it stays down here. The upside just seems too good to pass up at these levels.

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I absolutely believe with you. The best strategy that an investor should always use is that of selling their greed and buying their fear.

You have said well brother. I look forward to reading other of your posts.

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It's hard to do but is almost always the right way to go about things. As long as nothing negative has happened to the project and you continue to believe in its long term viability, then buying it when nobody else wants it is usually the way to go.

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It's a good time to stack them tokens, it will turn back up sooner or later and all will look good again. I'm still bullish on the game tokens too. SPS LVL DEC

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Me, too. I really think both SPS and LVL have very bright futures. It's going to take awhile, but there are very few things in life that don't take some time to accomplish. All of these dev teams continue to build, regardless of the what the markets are doing. The last bear market fueled the current bull run. If this is indeed another bear market, then the development being done now will be the catalyst to launch these tokens to all time highs the next time around.

I'm just going to continue to fill my bags. The future has never been brighter.

We've been here long enough that there's no way we should miss out if these projects do what we expect them to do.

Just gotta be strong and pull the trigger!

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The great thing is that if you have put in the time to learn what these things are all about, you can feel good about being able to add significant amounts to your bags without having to spend a lot of dollars. $300 gets you more than 100 xPolyCub right now. A month ago it would have cost $800 and even more before that. I'll probably triple or quadruple my stack before we start going up again, and I'll do it for less than I paid for the original stack.

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Loads of opportunities right now... and the key is long term.

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Yup, these have never been a get-rich-quick scheme. They've always been about building for the future and that is what is continuing to take place.

Makes for a very interesting future @dagger212 😎

Agreed. I consider my favorite coins on sale when the markets are down.

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Discount days for the Leo ecosystem. Time to add to the position with not a ton of risk. Yes, it could all go to zero, but on the other hand, it's not like we have to throw large chunks of dollars at these things to get significant pieces. The risk/reward ratio seems mighty favorable at these prices.

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Agreed. It doesn't take much to move the needle at these prices. Even if all we do is NOT buy that $5 cup of coffee each day and instead invest in the various "on sale" tokens/coins. The payoff may or may not be more, but the excitement of watching it goes beyond the few hours of caffeinated bliss.

The us so much opportunities to buy. I just bought some SPT to stake. And I shall buy more Polycub and Leo. There is really some many token that's undervalued. SPS is good, and I'm bullish on Hive !

Yes, this ecosystem is full of great opportunities and they just keep coming. We just need to stay consistent in our efforts and I'm certain we'll be rewarded for it down the road.

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I completely agree with you. Having just put money into pHBD I am now doing the same with CUB and PolyCUB as I had not done that before.
Yep it is painful to see all the red, but heck I see the value in them.
Little by little I am getting some!

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Well, the great thing is that you're getting them now as opposed to a month ago. Little by little at these prices can lead to some big returns down the road if they work as planned.

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Yes you are right, there is a big difference to getting now as opposed to a month ago:)
Well I think they should give decent returns, but like with all crypto we shall wait and see!
Have a great new week:)

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This one of the most important concepts that people won't grasp, is that huge wealth is made investing during the bear market. It is exactly for the reasons you mention, people flee assets dropping in price regardless of the assets intrinsic value.

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