During my first year of Hive, I have used my earnings to invest in different opportunities inside and outside of HIVE. I had gone too thin on several different projects due to which I couldn't make any substantial investment in one or two projects I like the most. That was probably one of the biggest mistakes I did. I should have invested and compounded only a select few like LEO & HIVE to set a strong base
I am so glad that you mentioned this. HIVE and LEO are by far the best investments in the HIVE ecosystem because HIVE is the reserve currency for the entire ecosystem, and LEO is the base currency for the financial sector/community of HIVE (not sure if LEO is its own L2 or just a token with an alternate front end? If you know, feel free to share) and a trusted brand. Too many people investing in random food tokens thinking they will get rich, when those tokens provide no value and have no community (or liquidity!).
It is the same reason why BTC and ETH are such safe investments. BTC is the reserve currency for the entire crypto market, and ETH is the reserve currency for the biggest smart contract platform on earth + it is needed as "gas" to do anything on their network.
So yes, focus on HIVE and LEO, and work that compounding magic on the blue chips that we know are not going anywhere, 99% of altcoins will fail in the long term, and I dont like those odds.
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LEO is a token built on a side-chain which you can buy Hive Engine.
You are absolutely right mate. Leo and Hive have huge potential with multiple utilities. So they are bound to go up. They are as good as BTC & ETH. ;)
Hopefully, they make us rich someday! 😁😁
Posted Using LeoFinance Beta
Ohh, its a sidechain, I was thinking that it was similar to Cosmos where the different projects were their own totally separate blockchain but were just able to interact with each other easily due to all being based on the Cosmos SDK. But ok that clarifies things for me regarding these other HIVE ecosystem projects like LEO. Leo Finance is really popular among traders, and the community is very active.
I hope it too.
However, HIVE/LEO brings the joy everyday.
Since the day I know HIVE/LEO, I don't use FB any more :)
Posted Using LeoFinance Beta