What LeoFinance and CubDefi success means....

in LeoFinance2 years ago

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"Money flows downhill." "Success breeds success." "It takes money to make money."

What do these three axioms have in common? Well, for one thing, they're all pretty much true.

Money flows downhill

In pretty much any company, the money starts at the top. The owner/CEO makes the most money for starting/running a business and then it filters down to the rest of the employees to varying degrees. That money then filters out even further into houses, cars, consumer goods, etc. Which, in turn, ends up going back into the hands of the owner/CEO's running those companies and it starts all over again at the top.

Success breeds success

If you are successful in a certain area, you tend to continue to have success in that area, and oftentimes you are able to translate that success into other areas as well. When sports teams start having success, it often creates momentum where they continue to be successful in spite of things not always going their way. Companies which are successful often find a way to branch out and be successful in other ventures as well. Look at Elon Musk with Tesla and SpaceX. There are literally hundreds of examples of this playing out.

It takes money to make money

This one is pretty much a no-brainer. If you have a million dollars, it's a hell of a lot easier to make another million dollars than it is to go from zero to a million. Just simple economics.

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Why am I bringing up these three phrases?

Because I think they are all going to come into play to our great benefit over the next few years.

I, and others like me, have been talking about how all the different projects being created and now announced and implemented ( #LeoFinance and #Cubdefi being two of the biggest) will ultimately benefit the entire #Hive ecosystem. The success and attention they bring, and will continue to bring, to the network will no doubt result in many new people learning about Hive and it's stable of tribes. But what often gets overlooked is the actual dollars they will create and bring in as well.

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I don't know about you, but back in 2017 when I first discovered crypto, I started with bitcoin, of course. But then I started digging into all the other alt coins that were popping up and I got sucked into putting some money into them as well. It didn't take long until I had exhausted my fiat capabilities and had to find other ways to get into these potential "home runs". One of the easiest ways I discovered was to just sell a "sliver" of my bitcoin as just a tiny amount could buy me a decent chunk of some of these little ones. Turns out, that wasn't one of my better moves. lol But my point is, having something with a good chunk of value gave me the opportunity to spread it around into other things.

That is where the value of Leo and Cub and potentially ProjectBlank could really come into play. Not only will they be bringing eyeballs to the space, they also have the potential to bring a LOT of money as well.

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Leo has a market cap of $7M-$8M right now. If that takes off and goes to $5 for instance, that's $40M of wealth inside the Hive ecosystem. Cub has roughly 730,000 tokens right now, although that number will probably triple and then some over the coming months, but let's just put it at 2M for now. It also has over $12M in TVL. If those grow 5x over the coming months, both very much within reach, that's another $100M plus of wealth inside the system. Throw in projectblank and there could very conceivably be another $200M inside the Hive ecosystem within the next 6 months to a year. And that's just what's IN here.

While a lot of the people making this money are already here, a large chunk of them won't be. This brings another unknown but substantial amount of capital within arms length of the Hive ecosystem. I don't know about you, but if Leo and/or Cub make substantial runs, I will be peeling a little off here and there to put into new and as yet undiscovered tokens inside the Hive network.

I may also have the opportunity to support those networks with "votes" and articles. Thus, the money will flow downhill, success will beget more success, and the money invested will have the potential to make even more money on the next round. Once again proving the adages true.

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This is just another reason why I strongly believe people should be getting more Leo, Cub, and Hive right now. As the ecosystem produces some winners, it is almost inevitable more will follow, and the opportunities will continue to grow for the people who are there to take advantage of them.
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Thanks for reading. As always, I'm not a financial advisor. Cryptocurrencies can and do go up and down and you could lose all your money. Comments welcomed and appreciated.

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When I joined the platform, I thought it would take me good amount of time to get visibility but actually its in your own hands. You can buy and stake LEO or HIVE or CUB to give yourself that initial boost. As you mentioned, these tokens, with their proven track record, will perform great in the future. So with each passing day, it will get difficult to get them in your wallet ;) So get them now probably.

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That's what I'm trying to do. I swapped out of some of my "shit"coins to buy some of these three. I'm almost to the Leo level I want to be at and I want to add some more Hive as well. I'd love to add more Cub too but it's pretty expensive to add a lot of that. I'll just have to keep farming and hope it lets me grow enough before it takes off.

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I think that's a great strategy @dagger212, since Hive & Leo are on top of the Hierarchy and most of the other coins ultimately connect to these two. It makes sense to get them before anything else. Even I am going to Farm CUB with my initial investment for at least 6 months or so, not going to put in more for now. ;)

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and the money invested will have the potential to make even more money on the next round. Once again proving the adages true.

I think this is my favorite quote of the week.

I do agree with you on the logic of money making money. That’s always a constant rule that will never change.

It’s also Better to get as much as possible leo and hive token at the moment.

I had an interesting time reading this post, it has a lot of detailed information on money making.

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There is literally ALWAYS another opportunity coming around the corner. The key is to be able to put yourself in a position to take advantage of them when they do.

Every year, from now until the end of time, there will be opportunities to 5x or 10x your money in fairly short periods of time. If you are prepared to do your homework and take the risk, you can be a part of it. BUT, you do have to understand what you're "betting" on and make an informed decision as to how much risk you want to take on.

I think we have three pretty good bets in Hive, Leo, and Cub. If you already have a lot, this could be your lottery ticket. If you only have a good chunk, these could set you up for the next ones. If you're just getting started, these can have a huge impact on getting you off the ground to where you can really start building something. All depends on where you're at in the financial spectrum.

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If you already have a lot, this could be your lottery ticket.

I guess I should focus on getting a lot 😊😊 then. Who knows I might win some lottery tooo.

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I feel like I am always going to be sitting in the middle of the pack. It would take a miracle for the projects that I have a larger stake in to actually do something. I think you are spot on with all of this, but in the end I think it is more favorably going to impact those who are already doing okay. Like you said, it takes money to make money.

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Of course it's going to favor the ones that had the most to risk. But, you and I have enough that successes here could really set us up for massive gains the next time around. One thing I never lose sight of is that no matter where I am on the financial spectrum, there are always going to be people with more and there are always going to be people with less.

I'm happy for the huge successes others have. It just shows what's possible. I'm sure there are many people out there who will be wishing they had what I had during this time. It's just the nature of the game.

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Oh yes, I know we are very blessed compared to some others. I just feel like I have had so many misses over the years. It would be nice to finally have a hit!

You're in the right place this time. These just feel like winners. The only element that is really needed now is time. Once the bridge and pb go live, I think there will be a lot more people finding out about this place. $1 Leo might feel like a big move to people who have been here awhile but it's nothing in the grand scheme of things. How many Leo are created a day right now, do you know? There probably needs to be more out there.

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It takes money to make money
This one is pretty much a no-brainer. If you have a million dollars, it's a hell of a lot easier to make another million dollars than it is to go from zero to a million. Just simple economics.

Yet so many don't understand this point. Having people understand the money velocity and how gains build gains is something you really have to see. I wish our schools sat kids down in Excel and showed them just what time value and compounding can do - set them down a path of early and frequent investments to start the ball rolling.

Looks like I found another from MN - I am so over snow for this season....

Totally agree. Some of the most basic and yet fundamentally necessary living skills are completely ignored by our "education" system. Very sad.

Yup, I'm ready to play some golf. We're due for an early spring for a change. These last few winters have been brutal. They never want to end....

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Because I think they are all going to come into play to our great benefit over the next few years.


Thanks so much, Now I am learning alot from this phrase. And that is the reason why I am investing my Leo into the cubdefi and mtrying to make money from the money I get from Leo and hive

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