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RE: AskLEO: Power Down Leo, Hive or Both?

in LeoFinance4 years ago

Personally, I would not power down at all. My dream is to be at the point where I can just take my weekly rewards and convert them into something that I can use in my real life. Keeping that Leo and Hive powered up is the gift that keeps on giving. I have to admit, the first couple of times it will be hard not to just click that powerup button like I am so familiar with, but if the rewards are worth it, I can get over that pretty quickly.

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So you want to hold your X-amount of tokens regardless of the price, just to cash out the weekly rewards? That would make you stop at X-amount of tokens though, so I guess growth wouldn't be as interesting by that time?

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Not so. Rewards are split 50/50 so half of that gets powered up immediately. The rest goes to HBD which you would keep liquid to cash out each week. For me with the size of my bags and the current price is not feasible, but if the price goes up, it could be a viable option. Of course the bigger your account the more sense it makes.

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Oh yeah, obviously. I didn't think of it like that. That's a good point.

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No worries! I might have come across more blunt than I intended. Sorry for that!

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