I do not like trading.
Sitting there staying at a screen trying to “steal” the money of someone else staring at their screen.
I prefer having the money do the work so I can do what I want in life, if I am staring at a screen it will be for a stream or video, not some chart.
But everyday I hear about people wanting to be able to trade.
“Just a few hundred a day” is something they think is easy to do.
If it was so easy then everyone would be doing it. That is a saying that is very true in most cases.
The idea that you can capture a gain everyday is just silly, show me the person who consistently makes good money everyday from ONLY trading.
Most of these people you see preaching the trading lifestyle sell a course or some software nonsense. They make more from “teaching” how to trade than from actual trading.
With crypto there are lots of traders but we are also in a certain era in crypto.
There are plenty of ways to make money in crypto that isn’t all about “price go up”
Look at hive, there are people who put in almost no money and are making a decent income from building a following.
There are liquidity providers who are good at finding high volume pairs to provide liquidity to.
The best is when you find a team who understand that sometimes its not about making money… its about having somewhere to on/off ramp from with enough liquidity.
I like it when teams creating liquidity pairs, never pull them, and just use fees earned to buy up their coins and compound making their liquidity thicker and thicker while also helping out the price.
https://images.inleo.io/images/ssjsasha_psTQYwuKa62Bivl5.webp
For the longest times the “main” coins used to be a kind of leverage play against bitcoin. Eth, litecoin, dash, monero at the time would often move heavier when bitcoin moved.
So lets say bitcoin was up 5%, you would see these coins up 7%-20%
But also when bitcoin was down 5%, these coins would go down harder, 10%-25%..
Could the happen with Leo?
If you are reading this still and can link me a hive/ hive engine tokens block explorer or something I can have a nice live view of how many tokens are available.
I am curious what the market cap of LEO is and the market cap of Hive (with and without HBD)
Is it possible to see LEO price exceed Hive? Of course!
What about market cap, can LEO’s market cap exceed Hive’s market cap?
I don’t see why not, market cap is a vanity metric for real.
I can make a coin with 100 trillion tokens, sell myself 1 for $1 and boom I have a $100 trillion dollar market cap coin. But of course that is silly, I am sure most of you saw that streamer react live when squid games went from over 2 trillion market cap to $0 in a second hahaha he was playing tiesto in the background, just search “squid games live crash reaction” I am sure it will pop up.
I think LEO will outperform hive, especially with the direction it is going with the premium users and ad money going to buying up the coin.
Green candles it the #1 marketing… lets not kumbaya our way away from wealth… wealth means being able to afford to take time off and travel to meet each other… and isn’t organizing community events in real life the best thing ?
The thicker the hive/leo pairs are the more we pump up together as the bull market ramps up 🦁
Posted Using InLeo Alpha