And here we are already - the first LPUD of 2024, and heres hoping its a great year for LEO and all your stacks of LP !!!!
I've just completed my power up of 151 LEO !
I'm hoping to be able to take part in all 12 LPUDs this year. I've only missed one since LPUD started back in 2022, and I'd like to keep it all going and continue to add to my stack of LP. Todays power up takes my total to 3405 LP, which is great.
The price of LEO has continued to do well since mid Nov, which is great to see. As I write, its at the 0.163 mark, and its been bouncing around 0.140 and 0.17 since mid-Nov.
Heres why I enjoy LPUD:
- Its a great community event, and I love seeing the buzz created by it each month,
- It encourages me to make regular savings,
- DCA'ing (Dollar Cost Averaging) into a position is a wise move as that helps to smooth out the bumps in price over the long term,
- Staking LEO benefits the wider community and hopefully the price of LEO too,
- It helps support the #leofinance movement long term, which is surely a benefit to us all and the HIVE blockchain in general,
- And you might land one of the lovely juicy LPUD prizes and delegations !!!!
So lots of positives, and I cant think of any negatives.
I manage to generate the majority of the LEO I need each month for LPUD passively:
- I have a 1500 HP delegation to @leo.voter, which brings in the majority that I need each month - it pays out LEO daily,
- I then delegate all of my LP to @india-leo for curation rewards, which also pays out daily,
- I then get other bits and pieces from being active in the community - I post a few articles weekly to Leofinance, and I also engage and post in threads most days.
Anyway, best of luck to anyone else joining in on LPUD today - heres hoping you land one of those lovely prizes !!!!
All the best from Scotland
Posted Using InLeo Alpha
