During the bear season in the crypto-verse, we can discern a true crypto investor. In such a season, true investors apply the economics principle - "buy low, sell high." However, my principle in a worthwhile project like $LEO is "but low, stake more." The second layered token of the $HIVE blockchain has gained the potential to withstand such a market dip. Despite the volatility of the crypto market, some investors are not panicking to sell their holdings, rather it's an opportunity to be a $LEO holder with high stakes. Having such investors in a project like $LEO, it's guaranteed that building the project will yield a substantial return in the long run.
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Understanding the Bear Market
In cryptocurrency, the bear market is seen to be a period where the prices of crypto tokens depreciate, causing pessimism and fear to the investors. The period has two-sided implications - both good and bad. On the good side, many investors rush in to accumulate more tokens by buying them at a low price - (i.e the lower the price, the higher the demand for buying); whereas on the bad side, some investors see themselves to be at the loss, thereby creating fear which result in selling out all their tokens.
However, the bear season does not last forever, in the long run, there's a market correction that will cause the tokens to be appreciated again; it all demands having a long-term mindset.
LPUD - LEO POWER-UP DAY ACCUMULATION
The current market trend is my obvious advantage of buying more $LEO, and as I will be participating in LEO POWER-UP DAY tomorrow, I will be hitting a new mark in the $LEO ecosystem. Definitely, I don't feel discouraged with the current rate because this lower entry point can significantly enhance my potential returns when the market eventually recovers.
On the other hand, here is an opportunity to remind us of the coming Leo POWER-UP DAY which occurs every 15th Day of the month. Join the LIONS to buy and hold the LEO tokens as we anticipate future growth.
The Power of Staking $LEO
There are preferential benefits in the InLeo community to those stacking up the $LEO tokens. It involves locking up a certain $LEO amount to support and promote the growth of the project. In return, stakers earn rewards such as:
LEO Curation: Lions who stake about 1000 $LEO tokens have the privilege to get curated on their quality post. This curation leads to earning of $HBD, $HIVE and $LEO token. As the lion keeps earning the native token, it increases the holdings without additional investment.
Increase your financial strength: Reinvesting your curation rewards can create a compounding effect that increases one's holdings over time. During the bull run, the investor can have substantial returns which increase its finances.
WHAT ARE YOU TO DO AS A LION?
As a crypto investor, you need to manage your risk, do not invest more than you can afford to lose. The crypto market's volatility is very high, so it demands careful decision-making. Also, the bear season can last for a long time. So, as an investor, you need to learn how to be patient and have a long-term investment mindset so that you would not have the urge to sell during the temporary market dip.
Conclusion
In preparation for tomorrow's LEO POWER-UP DAY, the bear season has offered an opportunity for users to buy more. Though the season may be challenging, it's an opportunity to position oneself for long-term gains. It's time to build $LEO together. Buy more, stake more!
NOTE: All pictures are screenshots from hive-keychain, hive engine, and inleo frontend
This article is written in InLeo
Inleo is a blockchain-based Web3 community that builds innovative applications on the Hive, BSC, ETH, and Polygon blockchains. Our flagship application: Inleo allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards.