After a month, my 100% vote is worth 1.22 LEO (previously 1 LEO)

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(Edited)

Have you noticed the rise of LEO recently?

The green climb below should be obvious. It should be good news for LEO holders.

What is even better news?

Screenshot 20221106 at 10.45.29 PM.png

My 100% upvote's worth is 1.211 LEO!

Screenshot 20221106 at 10.40.31 PM.png

In early October, I wrote this post to celebrate my LEO power-up. I was holding $1578 worth of LEO then. Details in that post if you are interested.

Screenshot 20221106 at 10.44.11 PM.png

Currently, my stash of 28,903.163 LEO is worth $1,962.69.

That's a nice $300 profit from 2 October to today (6 Nov 2022)!

Keep stacking! That's my mantra.

P/S: This is not financial advice, and please do your own due diligence before investing.

If you read this far... and if you are a like-minded Hiver who is on the path to learning more about Hive and crypto investing, and if you like to be tagged when I write such posts, I welcome you to leave a comment below and let me know. We can form an alliance to support each other's growth.

You might be interested in this post, @jacoalberts, @young-kedar, @vickvan, and @hankanon!

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9 comments
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This is pretty cool! In my case, I almost reached having 30 Leo in my account. :)

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Great!

Remember, it's a marathon, not a sprint!

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I am glad to see Leo rise in value. I bought LEO and SPT as a test a couple of months ago. The SPT is not doing well and LEO has finally rebounded to where I started. I might sell some of my Leo to buy a second node in Splinterlands, but I do like having the Leo powered up.

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Yes, LEO is poised to be a winner if more crypto enthusiasts know about Hive.

Leo Finance is afterall the outpost for all things crypto within Hive, and since people need all the knowledge to thrive in this market, most would want to use some Leo Finance. i.e. LEO is the critical player in this.

But wow! I have noticed you mentioned buying nodes in Splinterlands often. Is that a profitable venture? Can a non-player do that?

!PIZZA

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You don't have to play but you will need a Splinterlands account. A node pays SPS and vouchers everyday. Currently, around 22 SPS and 4 vouchers per day. That's around $2.32 per day or $846 per year. Nodes are currently $1490 on Tribaldex. So, the current return is 56 percent, but it will decline as more nodes are sold. However, the SPS and the vouchers can be used in liquidity pools to generate better than 50 percent returns. Also, SPS has an inflation problem, so if the value of SPS continues to decline, then the return from a node evaporates. I am bullish on nodes because of the strong passive return.

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Thank you for the info! I will keep this in mind.

!PIZZA

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