The first week of March month is almost over and we are left with just a week for LPUD aka Leo Power Up Day. This is one of the events that I am sure that the leofinance family is so excited about. This event is the power of the Leo tokens in our account and this is how we try to add value on this platform as well as in our wallet. It is simply that the more Leo power we held in our wallet brings a higher curation reward. It also gives us more power to support many content creators on this platform so all and all it is key that we should not be missing out to go as much as possible.
There are multiple benefits to holding higher Leo power and I see a lot of people trying to grow their leo stake as much as possible. This is something that cannot be done overnight and it is a long-term process but as long as the intent is to grow the holding in long term then it surely makes a difference.
The current price for the Leo is low and it's trading for less than 5 cents I believe at the price we can buy because this seems bottom to me. Buying Leo this week is good because I have observed that during the week of LPUD, it's hard to buy because of fewer selling orders. There are more buyers on in that period on the market and even prices go up so if you are planning to buy then I believe this is the right time to go for it. It is not a financial twice but for sure something that you can consider for the long term provided you believe in the project and ecosystem.
My goal with Leo power is already on and I power up every month to meet the same. I believe that in the next few years, I should be able to build a nice holding for Leo and that is how I will be trying to generate another source of passive income for myself in Crypto. It's about investing and building something in the long term where the intent is to build and give it back to the community and form of curation.
I plan to have my Leo holding doubled by this year's end. I am trying my best to make it happen but if your case it does not happen then also I will be happy that I tried and we are left with almost entire to-do many things. I am sure that there will be multiple opportunities down the line when I can buy the token for a less price and this would be helping me to grow my holding faster. It is hard to predict as of now but I have seen the scenarios when the price went down and I have tried to grab the benefits in such situations so expecting the same to happen again this year as well.
This one-week before the LPUD is a great period I believe because we can buy the liquid and get ready for the event to power up in advance. Are you going to take part in this event and what is your strategy to achieve your Leo goal for the year 2023?
Thank you so much
Stay Safe