Sometimes we need to step back and look at the bigger picture.
Obviously, LBI is heavily tied to Leofinance and all that is taking place on there. We have a lot of reasons to be excited, with the latest being the announcement of the first Initial Decentralized Offering taking place next week on Cubfinance.
This is presumed to be a benefit to LBI since we have a stake in Cubfinance and are building that area as one of our holdings. Those involved in CUBLIFE always could benefit.
Nevertheless, to fully appreciate the impact we are witnessing, it is vital to look at things on the individual level. What are we doing for everyday people.
Leofinance is a place to post about cryptocurrency and financial matters. A lot of what ends up posted really is not of great value. However, we do see some posts that really educate people and help when with some financial ideas.
When this happens, people start to think differently.
Here is one example:
This article by @metzli shows a situation she found herself in. Notice what she did. While the opportunity to utilize the HBD savings program did not pan out, the important matter is that she thought about it. Instead of simply defaulting to a common method of paying off a bill over time, she considered her options.
Certainly, we have no idea whether this had anything to do with Leofinance or not. Nevertheless, as we post more ideas, experiences, and concepts, others can learn from them. The financial education of the regulars is increasing. This provides them incredible opportunity to change their financial future.
If this situation could have worked out for @metzli, she might have netted about 25 HBD. Naturally, this is not enough to make a significant difference yet, as they say, it all adds up.
The key point here is that it would have been a financial gain simply by here taking a few minutes to look at the situation and operate a bit differently.
We have another example.
This is by @ecoinstant how posted how to print money with Hive and HBD. It is something that @silverstackeruk might want to take a look at.
The premise is to arbitrage the high price of HBD since it moved higher than its peg. With it being near 1.2 presently, we are seeing a chance to scalp a few percent with little effort and minimal risk.
We can all see the details in the article but the key here is that a 4% gain is likely to be realized over 3.5 days. That is a sensational return.
Here is the proverbial this is not financial advice and as the article states, there is a risk of the price of Hive dropping and eating into the profits, so be mindful of this.
What is interesting is both these articles were posted within the last hour. We do not have to dig too far each day to find gems such as these.
Leofinance is having an impact upon lives. LBI is a part of this since that is where we built our platform. Each day, we provide support to the Leo ecosystem by posting articles such as this as well as curating. This is generating a return for those Leos who opted to participate in LBI.
The effort it to help grow people's wealth over time. Many of us arrive at Leofinance without many resources and less financial education. The fact that we are taking people by the hand to help them grow their holdings while also showing them how long-term wealth acquisition works is extremely valuable.
Certainly not every situation is going to apply to us all. The opportunity that @ecoinstant offered up is not going to be utilized by all. However, a lot of money is made by arbitraging different currencies. This is just one instance where the opportunity exists on Hive (albeit requiring the use of an external exchange).
We all know about the recent release of leasing of Leo on Leofi. This is something else that LBI was one of the first to take advantage of. We got a number of leases out for 12 weeks, earning a net of about 17%. This is not setting the world on fire but it did help to support the ecosystem which is providing so much to a large number of poeple.
This is how LBI was designed. We are here to utilize Leofinance to best grow the fund while also being one of the major components of its ongoing success.
We will continue to do our part to keep the platform growing and making it stronger.
Article by @taskmaster4450le.
Posted Using LeoFinance Beta
There are many ways to earn money. Oh so there are some good opportunities to earn more LEO than curating using LeoFi. I might have to check it out over the weekend.
Posted Using LeoFinance Beta
Come for the opportunity, stay for the community. That's basically what happened to me. When I came back to Hive after the drama from Steem, I immediately got involved with LeoFinance based on the recommendation of the lone surviving contact I had from my Steem days. It didn't take long to realize that this community is one that is going somewhere. Whether it takes a year or ten years, the people here truly believe in the power of the network effect and the power the community brings to the table. We have the luxury of having some benevolent whales in taskmaster and onealfa (to name a couple) who lead by example and the goal is not about making as much money as you can. It's about everybody growing together and making as much money as we can as a community, pulling as many people with us as possible.
This is why I am so excited to be part of LBI. I plan on being here for another 10 years so watching it grow and collecting dividends every week is something I'm going to grow very used to.
As should we all. That's what will make this place a success for years to come.
Posted Using LeoFinance Beta
I couldn't agree more how Leofinace is impacting everyone here in a good way. I have learned so much here already and have bene like a sponge in some areas. Just getting involved in the various projects that are on offer will make you decent returns over time.
Posted Using LeoFinance Beta
It all adds up indeed. I've been on Hive for 8 months only and even less than that actually participating as one should and I can already see a huge difference in every aspect of my life on the blockchain.
Imagine the compound effect that is going to take place in the next few years.
Posted Using LeoFinance Beta
We are witnessing an era where things are getting bullish on hive. Exponential growth of @splinterlands and if 5% of those end up using blogging and other platforms on hive That would be a hell of difference in short term. @leofinance keep on building and exploring new classes in Defi is really a game changer. Also other small projects and things popping out now ad then. I'm rally excited and proud of HIVE/LEO/Splinterlands community bridging gaming, defi and censorship.
There are so many things happening and believe me I got so many great opportunities just by being here on the platform. Learned so many things and got to know some of the greatest people. I have never been involved so deeply in crypto even though I wanted to. Maybe due to the lack of like-minded peers. Joining Leofinance was the greatest decision of this year.
Posted Using LeoFinance Beta
When it comes to HBD I'm only interested when it pumps for real so I can get a ton of Hive for it. Otherwise it seems risky to try to profit on the fact it's only a bit above the peg
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Really good post! I will reblogged it on my Blog! Sometimes it's just a decision in life to change everything. So often it is the right mindset to go another way to earn online money. I did this first in 2011 and it was the best decision. ...
So be always openmined and work also on your mindset :-)
It is just related to the exchange trading cryptocurrency and blockchain then anyone can find related valuable articles here. you couple of examples was relevant to the topic and thanks for sharing
Posted Using LeoFinance Beta