Many are just uncertain of what to do right now. LEO price is just flying beyond the roof. Should I buy more, what if everything pauses there?. At $0.04 cents you were still skeptical, it doubled up to $0.08 cents; maybe this should be the highest. What can you say NOW about $0.112 cents? Hahahaha, the higher the price, the more cautious an investor, it can be one of those things.
Adding to that, I wouldn't be surprised to see Leo hit $0.15 cents, we saw that last year if I am not mistaken before the later drop. What to learn here is this, even if Leo is to dip later, a good position to continue buying more, it will fire back. It will favor long term investors here most; compounding rewards effects. It is just a matter of understanding the flywheels that have been put in place in this ecosystem. I am not surprised to see both Leo and Hive trading at the whole digit environment. Yes, this ecosystem will fly beyond just cent prices.
Have you ever sat down with your calculator to analyze what the future holds for your portfolio? Yes, we know no market is certain. Nevertheless, you have to look through realistic figure lenses atimes to see if you even have a change at both short and long term. Most times you just punch and punch and get tired. Ok, Enough for today, we will continue Next time. I have been here several times and I keep coming back. The fact is, I can't ignore the necessity of financial intelligence.
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You may think your problem is lack of capital until you later realize you were not even up to date in the field of investment. How many waste life changing fortunes? Without calculating and recalculating they just buy this and that and feel very secure. In the long run it could just be dead assets. Secondly, impatience may set it and he takes out unmatured assets just to settle short time desires or challenges as the case may be. The fact is, if a more proper calculation and research was done, I think even the unexpected would have been included and a tactic to tackle it in case it manifest.
Let's take for instance, you went on a long Journey that is worth $20 as transportation. Someone smart knows he should be holding around $30 dollars. Anything can happen, what if there is an issue along the way that needs another urgent ride or perhaps the transport fair price just increased when returning. Financial intelligence is not in any way a theory, you have to face the reality.
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It is one of the most complicated tasks to do. No wonder many abstain and yes at their cost because it usually bites back. Imagine yourself sitting down with some bucks in your wallet and just lacking the knowledge of the right moves. One of the reasons I don't like short term investment; it is full of distractions and mostly a frustrating result. In short, to make your investment journey even more complicated, think short term.
I learnt something from Warren Buffett, those that stay long have a hedge. He has used these tactics over the years to beat market rivals and down times. I have said how the future belongs to those who know the game of investing and asset compounding both in digital and physical business environments. It is a matter of understanding just the right boxing. I talked about this a week ago I guess; a portfolio made up of yield, stable and hard assets.
To conclude, let me add. Be sure of this, in the world of investment, no one is coming to rescue you. Yes, you may get some financial advice but applying it is entirely left for you. Ascertaining financial freedom is about untangling cords that keeps this journey complicated. As I said, this is why many TRY to dodge and few still remain financially free. You can't be rich by accident. Ok, I know someone will say what about those who are handed over wealth as inheritance? This is not in any way an accident. Firstly, the financial intelligence of their parents worked for them and secondly, they will have to show working to maintain. Haven't you seen a one time rich family go broke? You will need knowledge to both create, manage and maintain wealth.