I was burned a few times when I was trading against the trend, so I'm trying to avoid that..
There was a famous saying: "The market is always right"
LEO price are really cheap but my issue is that I am not understanding which "whale" is selling and taking exit? As there are very few whales in LEO and I guess most of the supply is with Khal and onealpha . Not sure if team itself is selling.
I have to admit that I have the same concerns about LEO... As they SHOULD buy LEO tokens from the markets to pay dividends to delegators, the price should be at least stable... if not going up... I didn't research from where they got those tokens, but they are not from the ordinary BUY orders...
They did MINT tokens before for doing that, but they said that they aren't doing it anymore... but... one thing is to say, and the other to do it...