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RE: Seeding future LEO holders

in LeoFinance3 years ago

Selling your stake at your desired price is a voluntary thing.

Yes, but this is definitely not my desired price. I think LEO is going well up from here.

I find that to be reassuring because, first of all, these people are believers in the project and will protect it all cost

This isn't always the case and after 4 years, I have had it proven time and time again to me. Also, yes, it was free market at launch, there was a drop to Hive stake etc - but that doesn't hold up long-term for the project, which is what is important. With the same argument, it can be said that early steem was a free market too, as anyone could have mined it - but was it the case?

As said, I have been around the block a few times with these things and while people are excited and willing to support now, that can flip very fast under various conditions. Making sure there aren't repeats of the past requires understanding what happened in the past.

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