The Sprinting LEO Miner (LEOM): No Risk, No Gain

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The world of cryptocurrency is always full of surprises as we know and it is also very important to be patient in some crypto investments. I said some being that there are cases one have to buy in into a particular digital asset and quickly sell off at a profit, especially with tokens that are not futuristic. But when dealing with some good coins that are in their infant stages then, it's always necessary to HODL and wait for it to grow and develop fully or at least to a meaningful level.

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In the first quarter of this year, I had the opportunity to bag some LEO MINER (LEOM) tokens at 2 HIVE per one but I failed to largely maximize the opportunity. I had over a hundred and fifty liquid Hive tokens when I came across the LEOM token but I was a bit scared to use all in buying the LEOM token. Instead, I bought only a few of it with the hope that HIVE was going to moon first but the reverse happens to be the case today.

I staked the few LEOM tokens I got but in the long run, I discovered that it was a wild goose chase and it earned me very little or nothing due to my low volume. Because of this, I had to unstake and keep it liquid. I was tempted to sell off around 7 HIVE per one but I just knew that with the many developments surrounding the Leofinance community, the miner token was going to worth more.

Today, I'm happy about that decision I made. LEOM is currently trading around 10 HIVE per token and I'm expecting it to hit 20 Hive before I'll consider taking profit.

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I bought some a few months ago and now I see there people with a hundred or more LEOM. I got my miners when the LEO price was much lower than it is now. This is teaching me the value of volume in order to make the most of an opportunity.

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Nice, suggestion...never sell your miners as they are printing presses that will reward you forever w/o having to do any work.

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🤔🤔

How else do I gain from it if I don't sell? Considering that I have very little volume which will yield nothing for staking

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they are printing presses that will reward you forever w/o having to do any work

Very true. Maybe we call it auto-Crypto printing press.

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Yeah, my first experience with miner tokens were LEOM and I wish I understood the tokenomics earlier. 1 LEOM would trade for 50 HIVE in the future. Just be on the watch.

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