This post title question is interesting. isn't? If you are reading this post on leofinance front end then I am pretty sure that you know what I am talking about. Leofinance is a growing project on the hive network so it is obvious that the right decision would be to accumulate a good holding of leo tokens. Now I believe the current Leo price is highly undervalued and we have seen in the past that the token price was very good. I think it's because the market is in Bihari sentiment so most of the top and available at the lower price but this will grow when things are better and the market started to recover.
Why Staking Leo is needed
In the cryptocurrecy market, one thing is very popular that people want to buy the dip and sell at a higher price but here with the Leo token things are slightly different. If you are buying the deep will you talk and then it's highly recommended to lock the tokens and start earning curation or delegation reward through this. There are certain projects that are doing curation and if you have no time to do curation then you can choose the projects for delegation of your Leo power. I'm not sure the exact percentage that you can get with the delegation but I am sure that it's not going to be less than 10% however it keeps on fluctuating.
Even if it is 10% then also I think it's a great deal because you are buying the tokens at a cheap price and every year you will be able to add 10% to the stake. Here I am not talking about the price appreciation that we are going to witness in the future. By the time in the price will recover, we can earn a good chunk of tokens through the curation or delegation reward however its not guaranteed market can start going up anytime.
My Leo Goal
Like other tokens, I also have my goal with Leo to come and for this year it is 10000 tokens. All these tokens will be locked in my account and called leo power. I do the curation and because of this, I am able to earn a few hundred leo tokens every month. Aldo 10000 is the target for me this year but that's not the end because ultimately I will try to have 25000 Leo power by end of next year. This may be a little challenging but this challenge I want to take so that I can push myself and try harder to make it happen. I see a lot of people accumulating the tokens because they believe in the project and this is indeed the right approach at this time when the token price is low.
I also follow certain ways like - HP delegation rewards, Post earning and buying from the market, etc to have more tokens staked every month on LPUD. I have to admit that with LPU di I am able to increase my Leo power faster so it is helping me to increase my overall holding. The majority of the people over here have certain goals on this platform and this is why I ask what is your call with you took and because it is one of the top and which is not just undervalued but also has huge potential to grow in the future.
I am focused on my goal with Leo token and continue to add up every man during the event but I think I should focus more on this. I will surely try my best to have more to comes deposited every month and this pay I expect that I will be able to reach my goal faster and even I can move I heard to my another goal which is going to be 25000 Leo power.
I believe that in the next few years, Leofinance is going to lead the segment and this will also increase the demand for leo tokens so buy it now before its price increase.
Thank you