what are your thoughts on how the flywheel will manage in a bear market. I'm trying to figure out if I will just hold leo like last time, move into surge or take some profits during the bull run into my bank account.
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It all depends on where LEO is when it starts. If it's still sitting below $1 then I'll probably just hold. If it runs to $3-$5, then maybe some profits into SURGE (depending on price), maybe use perps to cover downside risk, maybe just outright sell some and move into cash. The flywheel is going to flywheel and if LeoDex continues to gain strength, then a "bear" market isn't going to affect LEO too much. All it will do is allow LS and the POL to keep locking away LEO at cheaper prices. The roadmap to $10B is a very real thing. While nobody ever went broke taking profits, micromanaging and trying to trade the market have been proven time and time again to be risky strategies at best, and more often than not, a losing strategy.
Personally, when LEO hits $1000 in 10 years, I still want to own 40% of my stack. Still figuring out my plans for the other 60%. 😁
!vote I definitely want to keep this conversation going. It is going to be a fascinating subject moving forward. Flywheel benefits in a bear market could be a huge Leo selling point.
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