RE: Never Sell Your LEO

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RE: Never Sell Your LEO

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fjworld in LeoFinance • 5 months ago

Never Sell Your LEO

Short changing comes to mind.

HIVE is high risk and LEO is a higher risk and now you believe borrowing from a higher risk holding is a good idea? !LOLZ

Not following the logic of borrowing from yourself to hold high risk digital asset. I suppose its a way of trying to prevent a bigger sell-off today and create hope for a higher price tomorrow. Maybe?

One must need high faith in LEO for this strategy to be fruitful. Not to mention the added risks from the extra steps in the process. Will have to wait and see how things unfold.

5 months ago in LeoFinance by fjworld

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taskmaster4450le 5 months ago

Certainly you have to be optimistic is the long term potential of LEO.

That said high risk for LEO is debatable. What metric are you using? With a market cap under $2 million, a small number. So what is the risk with it?

That is what each person has to decide for him or herself.

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fjworld 5 months ago

Let's call it relative risk. !LOLZ

Relative risk is the ratio of the probability of an event occurring with an exposure versus the probability of the event occurring without the exposure.

What metric are you using?

Start with Hive protocol usage and the risk of it not performing well compared to other blockchain. This has an impact on the performance of all layer 2 tokens on Hive, including LEO. When you add more complexities to any operation there is potential for added risk. Is there documentation on how LEO mitigates added risks?

I'm not a pessimist. Just cautious and aware of risk versus reward scenarios. I'm thinking now is a good time to accumulate Hive and buy LEO later at a lower price. But who knows what will happen?

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lolzbot 5 months ago

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taskmaster4450le 5 months ago

That is for each to judge. Risk reward is a variable that is individual.

What is the potential of a 5x on Bitcoin versus Hive? What is the downside risk? That could be accessed in different ways.

One could say the 5x upside is easier for Hive but the downside offsets any potential there since it is far greater than BTC.

There was a time when the risk, according to many, was on Amazon and not on Sears. Many now think that Tesla is still more risky than say a GM.

Individuals have to size things up for themselves.

What is the bigger risk? Hive or Leo? That depends upon who you ask I suppose. You will get varying answers.

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fjworld 5 months ago

All good questions and yes , of course the answers depend on the individual assessing the risks. Some people are not very good at assessing risks so they rely on opinion of others.

As per possibility of anything going up 5 times; that's speculation versus calculated risk assessment.

If you fall in love with a token to the point you marry it for life, that is another level of high risk. Sometimes it is best to sell and buy back later.

Thanks again for the grey matter exercise. !ALIVE

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lolzbot 5 months ago

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