The crypto bull run is showing its force these days with Bitcoin leading the way and some of the stronger or hyped alts improving their evaluation as well. But what's sure is that the altcoins season has not started yet and it will take a while until we'll see Bitcoin reach its potential in this cycle. Only when that happens, some of the funds and earnings will move to other Alts in cascade and it will also reach this ecosystem where LEO, SPS and HIVE seem to lead the way. And while I wait patiently for that, I am gathering my liquid LEO and continue to Power Up. And today I've got quite a bunch of LEO to stake, so here I go.
Newborn Cub
Previously my LEO Power was standing at 1,600 tokens. Now on 15th of November 2024, I've bundled together the nice sum of 500 LEO which I will be powering up and surpass the 2,000 LP. This has multiple meanings and one of them is that I make the jump from Kitten to Newborn Cub in the lion's ranking. And with that will come more influence, more perks and more show off.
Improved curation earnings
Besides this the Leo Power itself provide better curation as it increases. Thus more earnings for those that are active, are engaging, commenting and upvoting content that is favored. And we are nowhere close to previous ATH for LEO, thus the upside is quite big in this case.
Stake based influence
Having more LEO staked (or powered up) gives me greater decision-making power in the InLeo community and some additional perks like stake base curation. With more voting weight, I should be able to support content that I find valuable and even propel some new bloggers at the beginning of their experience.
Flexibility to market opportunities
Having a short Power Down window for LEO of 4 weeks for a full release or 25% per week, will let us be able to take profits when the price goes crazy on us. Based on this reasoning, I don't see any risk at this point to lock all or most of the liquid assets. I am doing the same with Hive as both have so low valuation compared to what they bring to the table. And based on past history we saw that around the peak prices, there were few weeks or months which means enough time to act and strategize upon.
But until the Altcoin season comes, I will continue my steady strategy of accumulating and staking all of my assets from the Hive blockchain. Whether it is LEO on InLeo, SPS in Splinterlands or HIVE itself, powering up is my strategy for now. And by doing that growth is visible at all levels and the motivation is high. If I were to have everything liquid and just and stay to watch the market, I would go crazy. I am a Hodler at core and I will continue to build and accumulate.
Posted Using InLeo Alpha
