Earlier today, I learned that in order to be eligible for the #LPUD badge, a 150 Leo power is required. That's important info that I failed to search about but it's good that I was informed days before the event. Learning about it made me change my previous #LPUD goal and set a base of 150 Leo tokens. Of course, my intention is to go even higher than that!
I don't think my pending Leo earnings from my post will be enough to reach my goal and so I've been stacking some Leo using some of my Hive earnings. I think that the price of Leo at this point is undervalued and so I feel motivated to buy some tokens from the open market and will eventually stake them on the #LPUD. I still have 6 days before the event. That will be enough time for me to stack more as we get closer to the 15th of this month.
As of this moment, I already purchased:
- Feb 09 = 16.011 Leo tokens
- Feb 10 (today) = 54.468 Leo tokens
I did both purchases using the current market price.
I now hold 117 Leo tokens!
The price difference is not really a big deal because these tokens will be staked and will generate some profit through curation in the long run. My dedicated Leo curation account is already set and it's just waiting for the big day in the Leo community.
I've been looking forward to this event ever since I started my Leo journey 3 weeks ago. It would be nice to have something to aim for on a monthly basis. So, if all goes as planned then I will have a Leo stake amounting to 1600++ Leo Power at the end of the year. If I get bullish enough then a 2k LP is reachable too :)
One of the reasons why I'm setting this goal is to exercise the principle of Compounding Interest.
Compounding interest is a simplified way to boost your income over a long period of time and grow wealth consistently.
In compounding interest, your income will multiply over time as you earn more and save more money while investing in appreciating assets like Leopower. The reward catches up with patience, trust, and particularly diligence as the money-making day-to-day decisions that can make earning outcomes happen fully possible.
The good thing about the Hive ecosystem or the Leo community in particular is that I can see results on a daily basis. Even doing actions like curation will result in a Leo token reward that can be staked as Leopower to generate more income. It's a cycle that if done right and with consistency will yield more and more profit each day. All I have to do is to curate and engage with the community.
Of course, I don't have any full guarantee that this will be a successful journey however it's my responsibility to give my best to make it happen. And it starts with optimism about the future of Hive & Leo. Let's get ready for the #LPUD!!!