One of those stories, who doesn't love green candles. Perhaps those who came to The Party late. Many will be wishing they could backdate to some months earlier when LEO was selling at around $0.018 cents to $0.020 cents. It has been a wild wild west for the past few days. As of the time of writing, Leo is selling around $0.115 cents. I saw it selling at around $0.12 cents before dropping a little. It is one of those market corrections, you don't expect the market to be continually zigging, zags are part of every market.
The question of how far can it go from here has been asked. I will be delving into this question. This is one fact we can not ignore, the essence of every investment is to make a fortune especially in the long run. The pumping marathon will soon come to an end. Nevertheless, one must ask, is it ALL about green candles? If so, then it means we are giving deaf ears to the utility part of this token. What are the wealthy always after? Jackpots or Steady Dividends? The latter remains the truth.
What am I saying here? When considering the future of Leo, one has to look beyond candle prices. Personally, I will say I am looking for ways to make sure my stake gives me substantial Leo rewards daily. Yes, it goes beyond executing a good trade, this is the advantage of a utility token. If you were to ask me what would be my regrets currently in not having Enough Leo tokens? It is that rewards system rather than just the price swings. An investor mindset is simple; keep compounding, it gives you a big hedge even when candles are dying down.
source
This should turn our attention to stamina; how strong can this ecosystem get in the Next five to a decade. We saw how Bitcoin died down and got back up, we are sure it will be difficult to ever see Bitcoin get back to such lows. The difference was that Bitcoin at below 17k was NOW working on stamina. This should be a copied system here. Who creates stamina? investors and not just investors, long term investors. The introduction of the Bitcoin ETF became that sort of game changer. I have discussed severally how this ecosystem should focus on upcoming entrepreneurs.
They will help promote platform utility, transaction is a never dying global industry and entrepreneurs are masters in triggering such. I have read of such a road map in some articles on chain and I feel if all that I read is well followed, a steady upward price movement plus stamina is inevitable. One of such will be the introduction of Leo merchant. Still curious on how this will work yet I know this will inculcate entrepreneurship habits.
source
Leo from here still looks very fresh for new investors to take center stage. Even if Leo should fall back half its current price, it is something to worry less. The deflationary system will help push price back as this token will soon be scarce. Adding to that, daily rewards will be paid out for example to those delegating or staking for rewards. Anyone thinking short term should be free to worry about the future of Leo yet the reverse is the case for one who is here to add value and grow his assets just beyond price candle swings.
To conclude, let me add, even when talking of price candles, you can't say Leo will remain within this candle position for another two to five years. Ok, let's say for instance, if someone were to send you a thousand Leo tokens NOW, would the best idea be withdrawal? I am not here to tell you when to take your assumed profit anyway but the fact remains you are on a long run lost; you will miss both rewards and appreciation. When all proposed executions are implemented, a shift will be inevitable by then who knows if it will be swinging around $2 to $5 dollars. How about your compounded rewards too, they add up to double earnings.
This is why I keep saying we need to continually think long term. It goes beyond on the InLeo environment even into our offline investment practices. Anyone without a long term mentality is likely to be worried in times like this. How far Leo can go depends entirely on your mentality. What is this ecosystem to you; a jackpots or a professional investment opportunity. If it be the latter then the idea of don't eat your capital will take you very far.
Posted Using INLEO