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RE: What to do with 50000 LEO?

in #lbi17 days ago

insanity is doing the same thing over and over and expecting different results

LOL I am really surprised after all this we are considering entrusting Leofinance with more funds. Personally I'd sell all the Leo, bought HBD, staked it and wait for opportunities VSC might bring while not loosing our funds. Staking Leo seems like a really silly idea - the project is going nowhere, it lost its community trust.
If majority would still go with these options, I would divide liquid Leo by 4 and proceed with option 1,3 and 4. I would not go with option numbers 2 but would use liquid Leo attributable to the division for divs distribution (this would strengthen our growth pace as more would be compounded).
By this we will mitigate the risks.

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the project is going nowhere
As I see it, they are still building things, and learning from past mistakes. Not much on HIVE looks beyond HIVE, and LEO does. Questions around execution and safety are valid, but they are trying things at least.

it lost its community trust
Some. There is still a lot of support for LEO, and it has some new community also.

It looks like 3 or 4 are the popular choices. Like I said in another comment, If LEODEX works we will do very well, If is fails we will have lost $700. I think the upside is worth the risk personally. Turning off inflation totally is a big [plus in my book for the LEO token moving forward, and makes me more optimistic about it's prospects.

Thanks for the input.

Most of the people here haven't heard about 'depegging occurance'. But yes, it seems that majority wants to risk with LeoDex

!pimp

!pimp