How i doubled my Leo in under 6 months

in #hive-1679223 years ago

roi.jfif

There are a few differnt ways to earn on Leo
Posting
Curation
Delegation
and...

Posting really depends on how popular you are. I have posted more recently but overall i don't as much as others

Curation is not the most profitable even if you are 100% efficient it still can be pretty poor and also depends on how much stake you have so can be costly to start.

Delegation is pretty cool but once again depends on how much you delegate and who to. I currently delegate a small amount to india-leo 132 leo (not a lot) I receive less than 1 leo a week. Which is decent but I don't have much to delegate.

So how have I doubled my Leo stake in less than 6 months???
Simply by Gambling

Yeah you heard right gambling.
Its gambling but a free role all at the same time.

I came across @nolosslottery around a week in to it being started. Being a gambler i decided to take a dip and boy did it pay off.

Gambling is about odds and getting the odds in your favour.

I had half the pool of leo when it was really small which gave me a 50% chance of winning and every time i won which was a lot i added half the winnings back to the pool and staked the other half.
I have more than doubled my initial stake giving me insane returns on my small amount more than i would have in any other way just 5 years quicker.

This does involve being lucky and as more people have come in my odds have decreased and i don't win as often but i still leave my leo in the pool as i am totally free rolling
noloss.jpg
These are just the last months winnings which is a great return in 1 month.
The wins are becoming less but with a chance 4 times a month even if i get lucky once every couple of months its still more than anything else out there.

The cool thing about all of this is I can ask for my leo back at anytime. Talking of which lets ask how many leo i have.

@nolosslottery could i get a balance total please

If you guys haven't looked into this i would suggest you do and add even a small amount to the pool and cross your fingers.

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Thanks for your post, because this is a totally new information to me, will research and try it out.

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Defiantly worth looking into can work out really good with a lil bit of luck

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Thanks for sharing this information. I just started collecting Leo and I really appreciate the tips.

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it is a gamble but risk free so if it pays off can be profitable for sure

Posted Using LeoFinance Beta

Hmm interesting, I've seen the name but never really looked into it before.

I'm glad you made this post, because name recognition is really the fast way to more profitable posting!

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I did obviously get lucky with getting in early. Say someone got in today with 100 leo and won once in a year prize of 25 leo thats 25% which is pretty good imho

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Great job. That is what we need. People who are focused upon building their stake and growing with the platform.

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Definetly. I dont hold much if any hp i just circulate it into tokens as i find them more profitable personally. Currently holding spi, lbi, defi,utopis, leo, bro. I hardly ever cashout just keep switching and accumulating is my tactic lol

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That is awesome. I used to take part in that lottery, but I kind of forgot about it. Posting is certainly a tough road. I know many times I hardly get anything for my posts. Other times I get some good upvotes. It is definitely about who you know many times versus how good your post is.

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Totally I am no where near the top authors i concede that. However the same guys at the top daily aint that much better. Most just have random price predictions like hive to $100 and people seem to vote that based on nothingness sprinkled with hope and a dash of a pray lol

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Like I said, it's not about the content. It is about who you know. That's probably going to be the case with 95% of things in life and blockchain!

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For passive (non gambling) methods of earning LEO, you can delegate HIVE POWER to @leo.voter for daily LEO rewards, or purchase a LEOMM on hive-engine for daily LEO rewards.

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I do delegate some leo but the apr is not very appealing personally and the miners are a gamble with the random rewards and price can be erratic.

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Nice, informative post @votebetting. You should post more often.

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Thank You so much. I will try

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I like the current system and I re-invested quite a bit of my earnings back in. I would guess I have probably doubled my LEO as well.

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Its not hard to accumulate a decent amount if you stick to a plan and keep compounding

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