Which do you think is more likely to happen 1st :
$5 $HIVE or $1 $LEO / $WLEO
Either option is approximately a 5x from where they are at currently priced in $USD.
Screenshots taken today from Coingecko
The all time high using Coingecko for $HIVE was $3.41 on November 26th 2021 and is currently $1.18 at time of posting (down 65.5%). For $LEO / $WLEO the ATH was $1.21 on March 15th 2021 and is currently at $0.209 at time of posting (down 85%).
I have decided to solely focus on $LEO for a few reasons and believe $LEO will 5x before $HIVE does:
This is the best front end to learn and grow when it comes to all things Crypto. On top of amazing authors that share their knowledge on a daily basis, the community is very interactive and so many people have been quick to answer my numerous questions. In addition to the community theres amazing resources to browse at your leisure including LEO Dex, LEOPEDIA (my favorite) and Hive Stats which is getting a major upgrade. The same can apply to HIVE however Leofinance just resonates with me and feels less spread out and scattered. I feel lost and invisible over on HIVE.
The communication from the Leo team is amazing. Daily posts are always updating the community on upcoming projects and overall market outlooks. It's great to see the faces of those working so hard behind the scenes. This gives me a lot of faith in the motivation of the team to continue to grow and make improvements as well as develop new Apps to bring in new community members.
The Existing and Upcoming projects will continue to add value to $LEO. Cubdefi is a really amazing investment opportunity! There's also Yield Tokens like $LBI @lbi-token which will give you weekly awards in $LEO and over time the token itself should grow in value. $CL @cublife is another yield token which will earn you $CUB which you can then Farm with or use in an auto compounding "Kingdom". We are all patiently or some impatiently waiting for Project Blank to be launched. LEO Mobile is also a much needed feature to address a large population of people that are now strictly mobile users and have ditched their desktops and Laptops.
Interacting on LeoFinance multiplies my efforts. Any action I take on LeoFinance also happens on the base layer of HIVE. So if you do not have any $LEO powered up but vote on a Leofinance post, you will not receive and $LEO rewards. However if you do, you can earn both $LEO and $HIVE. Having very low HIVEPOWER I decided I would put my focus on building my $LEO stack as aggressively as I could while slowly earning $HIVE in the background almost as a bonus. Now you could follow the same strategy for $HIVE but that means you need to have some $LEO powered up.
So, if you do not have any $LEO Power why not? It's very cheap right now to pick up 100 $LEO. Beat the rush, moving into 2022 the demand for $LEO is going to grow. So you can buy or swap cheap now or get less for your $$$ later. There's many ways you can get some cheap $LEO right now:
- SWAP on LEO DEX
- SWAP on Hive-Engine
- Purchase some $LBI
- Purchase some $WLEO and Unwrap in Leofinance by connecting your Metamask Wallet
- Swap some of your Hive-Engine "Shit Coins" for $LEO and Power up.
I don't think you can go wrong no matter what you decide to focus on in the HIVE Ecosystem. The only mistake you can make is to not be involved. See this video below with Raoul Pal talking about communities and eluding to the fact that he is working on a Tokenized Community. Has anyone from $HIVE or $LEO contacted this gentleman to let him know it already exists? (video should start at the 1:50 mark)
These types of videos make me really Bullish on $HIVE & $LEO since we already have what all these companies are looking to create.
So what is your strategy? Did I make any mistakes or do you think my strategy is sound?
Also, don't forget to put your prediction of which will happen 1st in the future : $5 Hive or $1 LEO and why you think so and also if you are putting your money where your mouth in and investing some $$$ into your choice
Make the most of your time here and do what you enjoy, the rewards will come. Just stay active and sincere! Wishing everyone much success, happiness and great health in 2022!!