Leofinance and LEO, the stable factor in the bear market!

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LEO holding steady is a relief

The crypto crash of the last 2 weeks has left a lot of people in turmoil, not me, but that's besides the point here. The whole market went down... a lot. But one token is still standing quite tall, these days. And that is LEO! Surprisingly, as some people were already quite disappointed by the LEO price before the real bear came rolling in.
Most coins and tokens dropped 25 to 50 % in the last 10 days, but not LEO, LEO grew in Hive value, and could withstand the drop a lot better that every other token out here. Which gives me immense trust in this beautiful project. The last week LEO grew from 0.13 HIVE to 0.155 just about now.
It's like LEO is a bit of the safe haven for the Hiveans. The "Gold" for the crypto lovers.

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Maybe not so surprising after all

I said before the word "surprisingly", but actually this shouldn't be a surprise, as @khaleelkazi already stated, the Leofinance team has cash reserves to survive another 5! years, if this bear market would stick around that long. That is just awesome news. That means that Leofinance has the cash to keep on evolving in these difficult times. And let that be the important part of it. As the NASDAQ and the DOW JONES leaders of today are almost all companies that dared to invest during the last financial crisis in 2008/2009. That is correct, to thrive in the next bull market, you have to invest during the bear market. That is an economic law. Khal is luckily a visionary, and was prepared for these challenging days. He put aside a "war wallet", and will be the one coming out of this bear market as one of the biggest winners. I have no doubt about that.

This all put together shows why we should have faith in LEO, and in Khal and his team. The future of this project promises to be very bright, and luckily we will all be able to profit from it with him.

Thanks Leofinance, for being the safe haven and our light in the future!

Sincerely,

Pele23

Posted Using LeoFinance Beta



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I love LEO because it's actively developing and it has a great community/roadmap. I think it has mainly moved along the price of Hive and that is fairly good news because it will go back up when the bear market is over.

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I try to trust all projects that, in good faith, made the transition from the Steem Engine to the Hive Engine, including the LEO project.

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