It was over a year ago that I set up the @prideofleo curation account for LEO and started using it to upvote SGS members posts over there. I was originally going to just do it for a couple of weeks to see how it went but just kept on with it, blanket voting the tag every other day. How time flies.
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Since I started it the LEO price is down about 75 percent and the value of the @prideofleo vote itself is down to around 8 cents. It's hardly worth the effort now and I'm probably only getting about 8-9% return as curation rewards anyway. I don't think anyone actually gives a shit so it's not like I am creating an incentive at this point for LEO or SGS, so I'm left wondering what the hell am I doing?
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I would probably liquidate the LEO and write it off as a bad investment if I didn't think it was near the lows. I hate selling at the bottom of things and I do have some optimism for LEO going forward after having a bit of a look last week at some of the new functionality being worked on. So my question is - Does anyone have a good suggestions for what to do with 50K LEO? It would be nice to get a good ROI, but that's not the most important consideration. I'd like to see the LEO platform succeed so if I can put this stake to good use and support something worthwhile then I'll definitely consider it.
Please leave any suggestions you have in a comment below.
It would be a shame to sell at the bottom. I barely staked 2500 Leo in the 3 years posting in Leofinance. With HBD yielding a passive 20% it is tempting to abandon ship.
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Yes, HBD is tempting though I am still a long term crypto bull so I'd like to have it somewhere that can ride the next wave.
My only thought if you don't want to sell is to transfer it to bsc and mine cub. Dunno the aprs and shit though
Thanks man. I will check this out and see if it makes sense. Appreciate the suggestion!
The Leo discord can probably provide more info on this. @shortsegments is also an expert I think maybe he sees the tag and provides some info
We need some new blood for curation on Hive. Visit the trending articles and you won't be surprised. It's just a ring of large accounts upvoting each other, as well as whales upvoting the same old authors...
Most of it's on autovote as well...
Growth requires acknowledgement outside of the ring. I have been active and engaging on Hive since 2020, and unfortunately this is the reality... package it any way... that's the reality. Won't get growth until the "attention" expands along with the user base.
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I agree. Personally I have been using my HIVE to throw out some random votes on articles that might have some appeal but don't already have huge payouts. That said, I also use an auto-voter because I don't always have the time to manually curate. There is a balance to be struck there somewhere.
😀😎 Aloha!
I also hold LEO and am soooooooooooooooooo grateful for ppl like yourself who support those who post there. I know LEO is not the performer it should be, or should've been in the past few years, but hopefully one day the value will catch up to where it should be. I think you should just keep your LEO and continue your support of it and the community.. (please).
just don't put a whole lot to it and just treat it as a long-term investment. (like having a bunch of gold/silver) :)
Thanks. I do like to treat it as a long term investment, but it's still good to review things now and then. Just not feeling like it's being particularly effective toward what I was originally hoping to acheive.
yes, very true. 😉😎🙏
I’ll rent it from ya if u wanna charge something reasonable.
Appreciate the offer. I'll keep this in mind.
No one likes selling at the bottom sir! You can include me one of them. As a curator you did/doing great as I can see. I believe, you going to take the decision that will be good for you in the future. My best wishes for you.
I joined hive via LeoFinance and wanted to post there regular but I need more financial knowledge and ideas to share good content there. I've aim to be active on leothreads as that easiest for all of us. Thanks for sharing your experience with leo finance.
I am very insignificant to suggest you something but I believe you can sell 50k leo for your next master plan. Good luck!
Thanks @leo-fairy - I don't really want to sell it and I don't have a master plan. I guess that's the problem but I'll figure it out. Cheers.
I'm sure you'll figure it out, I just suggest without having no knowledge and research. You can ignore it and take a wise decision. I wish best of luck as I believe you going to have a wise decision for sure.
Why sell at reck bottom prices? How was it when you bought it?
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I was buying around 19 cents and the upvotes for SGS were initially around 80 cents. It's been a steady but definite decline, unfortunately.
Give it some time, @buggedout !
You're pretty savvy when it comes to investing.
You will know when t sell it.
Leo tokens are so undervalued. But when can the prices rise !
Sounds painful to sell at the bottom Sir. I know that curating using a 50k Leo stake now isn't as profitable as it was back then but I don't think selling it at the current price will do you any good. I'd rather keep it for curation.
I am not really good at all of this but I think you can stake it. I guess staking will make you earn some profits too so you can do it.
Selling out at the bottom is a horrible feeling. Things should turn around especially with the potential bull run with BTC.
Why not just hold and wait for good time ? I sold my Hunt token at a very low price and it went 100-150x after that :D unlucky me :D
You received an upvote of 100% from Precious the Silver Mermaid!
Thank you for contributing more great content to the #SilverGoldStackers tag.
You have created a Precious Gem!
I'd probably Sell it, and invest in Common U.S. Coinage, since U.S. Coinage will "out-perform" Silver, Gold and all the Cryptocurrencies, including Bitcoin...
In other words, "Sell everything you have" and come Follow me...lol,,,
I’m shocked! I never would of guessed you’d suggest buying coinage 😂
What about Selling "everything you have" and Following me...lol...??? Not one of the Community Member who went to the Las Vegas Coin Show picked up a Couple Rolls of Quarters at the Casino Cage, except me... I made out like a Bandit, and so would they have, "if" they followed me... One person left 15 One Dollar U.S. Coins in the Hotel Room as a TIP...lol... I would have rather have left a Twenty Dollar "Bill" than 15 One Dollar Coins... Oh well... I think I've wasted 6 years of my life, for just a handful of people...
I agree selling at the bottom would be a shame.
You could delegate to one of the Leocurators and earn daily Leo. I don’t know all of them but meowcurator comes to mind.
You could check out the APR for providing Liquidity on Cubfinance in the bnb-bleo liquidity pool at 22-24% APR. There’s risk of impermanent loss there, although we may be near the lows.
You could stake all of it in the Kingdoms at a fixed APR but you have to lock it up a year to beat curation ROI. But that’s not a terrible idea in a bear market. If you think we are a year away from a bull market.
You need to use the bridge to go from Leo to bLeo on Binance at www.wleo.io and you need a Binance partition on your Metamask or another wallet set up for Binance smart chain tokens called BEP-20 tokens. Then once your tokens are in your wallet navigate to www.cubdefi.com and connect your wallet.
Regarding the bridge.
Please do test transfers on the bridge. Don’t send over the weekend. Before you start log into Leofinance discord and familiarize yourself with the ticket system. And ask if the bridge is having any problems.
If I think of anything else I will let you know.
Good Luck and move slowly moving money across bridges, we are early and the tech is still
buggy.
Excellent comment, thanks! There is a lot to think about here and look into. Might take me a while to get through them but there are some good leads here. Thanks again.
You’re welcome and good luck.
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