Hey All,
Right now we are seeing alot of action for the #LEO token here on the Hive Blockchain. Along the same line we also see LeoStrategy and its token #LSTR further building up momentum for #LEO token. Few weeks back I saw #LEO token trading around $0.03+ cents and as of writing this article the token price is 15% up todat and is trading around $0.07+ cents. This is almost a double in value within a very short span, reflecting the growing interest and momentum being build around the token. So the question is - Who is BUYING ALL those LEO Tokens? Well not me atleast rather I did book some profit here by selling some #LEO tokens and yeah not all of them. As I forsee the price of #LEO token to further increase in near future maybe it is gonna surpass $0.10 cents in another two weeks time. But lets see how that goes..just wait an watch incase you are planning to sell #LEO tokens.
Who is BUYING ALL those LEO Tokens - My Strategy Ahead...
Before I go on to answer who is buying all those #LEO tokens. I did like to talk a bit around my #LEO stake and my strategy ahead. Here is the snapshot taken from hive-engine for my wallet reflecting the liquid #LEO I currently #hold which is 15.5K #LEO tokens and I await another 15.8K #LEO tokens to be made avaiable once the unstake time frame is finished. Close to 8K #LEO tokens will be liquid on 8th Agust and the remaining 8K one week after that which would be on 15th of August. So am I going to sell all the liquid 15.5K+ LEO tokens now? Well not excatly. My strategy is to exit gradually at different price levels, rather than rushing to liquidate in one go. This allows me to book profits systematically while maintaining exposure to potential future upside.
After having hefty loss in cub and polycub, I guess this is the time for me to book some profits. I simply cannot forget how much loss I had made investing in both the project and if I were to give a number then I guess it would be more than $2K+ or maybe even higher. Anyways that is past and focusing on present now I did like to take this opportunity to recover from earlier setbacks by booking profits on #LEO, rather than repeating the same mistake and regretting it later. So, YES I will be selling #LEO tokens for sure. But at the same time I do plan to have some stake in #LSTR token which is LeoStrategy's Permanent Capital Strategy for Multi-Million Dollar Gains Investing in LEO. And now coming to the point who is buying all those LEO - well its none other than the leostrategy account.. Have a look at the following image taken form hive-engine for #LEO tokens order history.
Leostrategy account is taking all the proceeds from #LSTR token to buying the #LEO token. It is expected that #leostrategy account will #hodl roughly 1.5M - 2M LEO tokens depending on how fast it sells out #LSTR toekns and the average price of the LEO it can buy at as #LEO for now is rising rapidly. There is no more thing to note here is that #leostrategy account holding LEO tokens will never sell the #LEO tokens and further is going to buy back more LEO tokens from revenue generated vai liquidity pools, staking etc so this in turn will build buy pressure for the LEO token and we know now the LEO token now has a fixed supply of 30 Millon tokens only. Lets see how this plays out in the near future - is #LSTR and #LEO poised for sucess time is gonna tell. Well this should be it for todays post on - "LEO Token on FIRE - Who is BUYING ALL those LEO Tokens - My Strategy Ahead..." Let me know view on #LEO and #LSTR - are you buying for sellign
#LEO... Happy Investing... Go LEO GO... cheers
LEO Token on FIRE - Who is BUYING ALL those LEO Tokens - My Strategy Ahead...
#LEO #LSTR #CryptoInvesting #TokenGrowth #Altcoins #CryptoStrategy #stake
Best Regards
Paras
Image Courtesy:: hive-engine, tribaldex, pro canva
PS:- None of the above is a FINANCIAL Advice. Please DYOR; Do your own research. I've have an interest in BlockChain & Cryptos and have been investing in many emerging projects.