Investing in LBI tokens? .- I would like to know your suggestions.

in LeoFinance2 months ago
Yesterday I received a suggestion from @alexvan, to invest in the token that will be launched soon on December 7th, it is LeoBacked Investments (LBI), and he recommended several reading links to read about this token.

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I read them, from what I understood is that:
  • Each LBI tokens will be backed with at least 1 LEO wagered per token.
  • 50% of weekly LEO earnings are paid to token holders in the form of Leo Dividend
  • It is an investment to obtain a reward passively in the long term.
  • That when I decide to withdraw, I can sell my tokens without difficulty.
  • The price will be 1 LBI for a Leo.
  • LBI will be a long-term HODL token based on the SPI model.
But this type of investment, we can do it in a small way, I am on this platform like a pussycat (small cat), which is just beginning to take its steps on this platform, thinking about investment is not a bad idea for me, more than I am from Venezuela and mother of a little girl who depends on me, I have to be aware of her needs, this investment would ensure our future?
Investments must always be studied, sometimes you win and sometimes you lose. Investing in platform only done in my dedicated time, but in the form of money online I have never done it. I have always seen it as something risky to lose, for my economy I cannot give myself that.
But if we see the other side of the coin, which is an investment later on it will give me great results, I lost my opportunity because I did not see myself as risky.
I would like your advice on this issue, to make decisions before December 7.

thanks for your help
Celimar Muñoz.

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Investing in LBI tokens?

Certainly. It is a no-brainer.

The model is based upon @spinvest which is now 20 months old and is worth more than 4x what the tokens were initially sold for.

It is an investment to obtain a reward passively in the long term.

It is an opportunity to make money passively but it is also a means whereby we can positively affect the returns gained by active participation. We are able to do things such as post articles, upvote, and create other projects within the LBI umbrella, all that have an impact upon the return LBI offers.

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It sounds very interesting.

Well I will continue listening to suggestions. It is several days before its launch.

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That is true. A few weeks before the release.

I am going in with probably 10,000 LEO to start.

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That good.
It's a great number to start

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That sounds cool, I'll have to take a look at it.

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There are certain types of investments for certain types of people. You just have to think very good if LBI fits you or not. You don't have to be invested in anything around here. It depends a lot on how long would you keep those LEO locked.

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Well it certainly is more of a long term investment. But since it's 100% backed in LEO, you could potentially cash out at any given moment. If you can set some LEO aside to buy some LBI, I feel like you really can't go wrong with it. The longer you hold it, the more you'd profit.

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Thank you for your suggestion. I will keep it in mind.

Even if it is a bit of Leo's investment.

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It is basically LEO in both instances.

While LEO is swapped for LBI, it is backed by LEO. The LEO is powered up and used to generate a return on the LEO that is already held. Having LBI tokens means that one is entitled to the dividends each week as well as the appreciation in the token as the value of the assets backing it increases.

This is how SPI worked.

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Well Celimar, I suggested you to invest, as it is an no-brainer.

It will be passive and you don't have to grind for it. Try to shift a little, even if it is hard with your situation, from survival mode into building mode. Your kid(s) will be grateful in some years.

I think this was one of the best piece of advice I gave someone this month. :)

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Hello, I did not do it wrong.
I like that you advise me. But I wanted to hear more opinions. Thanks to you I can learn more information about her.

And if it is a passive way to earn money. I insure for my children.

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This looks promising. I haven't heard too much about this actually, so thanks for letting me know. I'll look into this a bit more.

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Good question content for newcomers!

Thank you.

I just know it now!

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