The last time I powered up any LEO token to my account was probably something like a year ago or so, probably even more. If I remember correctly I did that soon after the $7,000 worth of UMA airdrop that I got thanks to @inalittlewhile.
I took something like $1500 out of that "free money" and bought something like 3,700 LEO with it when LEO was worth something like $0.4.
I powered up all of these 3,700 tokens instantly and although LEO is about seven times lower now from where I bought it, I don't regret doing it. To me, @leofinance has been a game changer and I somehow owe this community for being able to live off my blogging, although I have kind of been "shadowbanned" by @leo.voter lately.
However...
It was soon after I joined the community that I began to properly monetize my content and as stated in many of my prior articles I plan on doing this full-time for the rest of my life.
So...
Why haven't I powered up any LEO in between these two power-ups? Multiple reasons, but... First and foremost is that at some point I could no longer afford to do that, but... tbh at some point, I simply didn't care anymore.
To be "even more honest", for a long time I believed that CUB was to be blamed for the aggressive downfall of the price of LEO, because I was thinking at that time that users getting into CUB were massively selling LEO in order to be able to buy CUB and thus causing the tokens severe bleeding, but I might have been wrong on this one.
Not once, though, have I thought of no longer being part of this community. It means too much to me to simply leave like that... Hence, now that the bear market seems to be over I thought I should power up some LEO and did that with the 286 liquid tokens that I had today in my wallet.
It can't get lower than that, right?! So...
Starting from this premise my power-up action of today can't be a losing bet. Moreover, before I close this post, I will have to mention another not-so-smart move that I made with LEO during my 2+ years time as an active community member which is holding near the top and selling at the bottom.
Won't make this mistake ever again, thus whenever LEO goes to $1 again, I'm going to sell part of my stack because that will allow me to buy more once we once again enter a bear market(you can bet there's going to be a future one). The last time it did that(topped) I stubbornly held to it and I now regret it. I do not regret getting into powering up LEO once again though.
So... Happy LPUD, peeps, and see you all next time.
Thanks for your attention,
Adrian
Posted Using LeoFinance Beta