The price goes up, the price goes down, doesn't matter, keep creating content! If you publish regardless of LEO price, it's basically a DCA strategy.
Hope you're having a good weekend! I wanted to create a short post today about how I see LeoFinance.io as one of the best ways to DCA crypto over time, plus talk about a new strategy I'm going to use to POWER UP MOAAAR LEO.
To DCA is to acquire crypto gradually over time, purchasing the same amount of crypto every x number of days regardless of price. Wait, doesn't LeoFinance.io essentially do that for you already?
If you think about it, you can create content day in and day out, regardless of price and your rewards will roll in day over day, regardless of price.
Done consistently and you'll be on your way to filing a bag, removing any thought and decision making complexities from the equitation. Just a simple DCA strategy to build your position!
Stacking & Staking LEO
I've bought and sold a fair amount of LEO over the past year and when I decided to create LeoFinance content on a consistent basis, it was time to power up an initial amount. With a power up I could participate in curation, while also having some "skin in the game".
I quickly powered up my first 1,000 LEO to get off the ground and get things rolling, but the time has come to move to the next level. It's Time to double this stake and move to 2,000 LEO Power.
This next power up will be done differently, it will be done gradually over time allowing me to continue creating some income while at the same time gradually increasing my stake in the platform, the best of both worlds.
DCA and Power Up Strategy
I need something that I can do consistently over time without much thought that allows me to stack more LEO, help me get to that 2k LEO Power.
For the next 6 months I'm committing to Powering Up 1 post a week, on Monday of every week.
I'm not going to talk about it much, just going to walk into the setting of my first post of the new week and flip the rewards to full power up.
I'm certainly not the first person to use a strategy like this but I'm going to call it my weekly DCA power-up post. By stacking coins consistently over time, same time every week regardless of price, I will gradually increase my stake to 2k LEO Power.
With that said, Thank you LeoFinance.io and HIVE for providing the tools to easily allow me to DCA the LEO Token.
Ciao for now,
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