Just bought 116 LEO to buy LBI on December 7th

in LeoFinance3 years ago (edited)

Its very simple why I made this decision , I like diversification . That is why I bought BRO as well as INDEX and am thinking about investing in SPinvest program too . I arrived here late and didn't realize the potential until recently .

I am planning to buy 115 LBI on 7th itself and would like to keep on buying as much as possible by converting Hive to this as I believe it will pay off in long term .

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Would love to add more in future . Any suggestions for a person who is looking for investment and has around 200 HIVE remaining right now ? I have already invested in SPORTS recently so apart from that ?

Also if you don't know what I am talking about , please go here to know about LBI -
https://hive.blog/lbi/@lbi-token/lbi-token-goes-live-in-5-days

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I'm also going to buy in to the LBI :)

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Great.. let's earn together.

i am waiting for LBI as well! i will definitely buy 100 maybe 150 who knows? Also gj at investing on sports, i got a tiny fraction of it as well!!

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Awesome. Yes Sports is also a good investment now since it moved to Linear rewards. Very excited about LBI. Do you have BRO ? If yes , How is it performing for you?

i got 55 BRO here is screen of earnings from one day ago. I earn this amount daily! (in my eyes it doesn't seem that much)

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Well yes but BRO is currently priced at 6 HIVE per token so even if you sell it today you will be in profits isn't it? So whatever you are earning here is just a pure profit.

Also I think the price of BRO will further increase because LBI will invest in BRO according to me. Given limited supply , it's a great investment. Can I ask at what price you bought BRO?

not exactly because it depends on when you bought the tokens. For example i bought them 2 days ago i think, so if i sell them now i earn almost nothing!

So i will take some time for a return on my investment although BRO in my opinion aside LEO has massive potential!

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Ah yes when you bought definitely matters . I thought you bought it way before . Still I think it has the potential to increase .

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How do you buy LBI? I am curious about it. It seems to be a good business.

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Starting on the 7th, you will send the LEO directly to the @lbi-token account. Then, your LBI will be sent to your wallet on Hive-Engine/Leodex. That is where the token will eventually be traded.

It will be a few months before all the direct tokens are sold.

The first level is 100K LBI, maybe even going towards 250K.

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I see. Thanks for the info.

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So make sure you have your LEO ready by 7th if you are planning to buy hehe.. Not hive but LEO.

I will.

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What is interesting is how all those projects are laying on top of each other. For example, INDEX owns SPI which is also owned by BRO. Of course INDEX has that too. LEO is held by both SPI and BRO.

By owning pieces of each, we are seeing a stacking where, when one layer benefits, then it impacts the other ones.

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That's right. I wonder if in future someone will come up with a project which will contain stakes only in Index tokens like SPI , BRO , INDEX , LBI. No individual tokens like Leo but only Index tokens .