It's cool to see you break down all the numbers this way. I think it should be an eye-opener for many that are wondering about buying into LBI. The real amazing thing is to be getting it at these prices. I know some commenters talked about first buying into LBI when LEO was at $1 so the overall value is not what it would be with LEO at $1. To me, that just means it's on sale right now. Buying LBI here means that when LEO goes back to that $1, you'll have LBI worth close to $2. And you'll still be getting LEO dividends into your account every week. Win/win.
I've said it before and I'll keep saying it: I plan on holding LBI for years, quite possibly the rest of my life. These returns are insane and as the Leo ecosystem builds out and hits it's stride, LBI will just continue to pay huge dividends as well as increasing in value 20% or more above what LEO brings every year.
Do the math. Everyone should own some of this in my opinion. Then we'll all be able to "Get Rich Slowly....Fast".
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I dont have the clout to reach far and wide :'(
If the price of LEO increase's back to $1, the LBI price would decrease some but not a huge amount.
But your right, as long as LeoFinance is expanding, LBI will continue to earn good returns and payout decent dividends. In 2022, we'll get a massive PB airdrop and we'll see where things go from there :)
Thanks for the awesome comment and support my friend.
Posted Using LeoFinance Beta