What in the world is lazy crypto ?

We have to work to pay the bills and meet the daily expenditures and for this we have to work.
So for most of use

Work = Money

Thus should our crypto sit idle in the wallet while we work ?
Why not put our crypto to work so that we can rest a bit or take things easy ?

Let us take this idea forward

There was a time when Holding or HODLING onto your crypto was considered the cool thing to do and it still makes perfect sense if the crypt market is in a bull run.
So there are plenty of up and down cycles that one can make use of to grow our crypto stash.

However both financial and crypto markets are down and causing a lot of pain to the investors.
The main reason for the pain is the erosion of wealth caused by so called risk aversion.

Even a lot of blockchain based projects are finding it very tough to raise money for the projects not to forget the regulars beating down their throat.

Hodl or Sell at a loss

IF you have bought your crypto at a higher price you are a crossroads not able to decide what to do with your investment.

IT may be noted that all asset classes including stocks and crypto undergo cyclic pasterns of bull and bear phases.

How to make the wait bearable?

It is easy to preach however a very painful exercise to see your portfolio go down in value.

Is staking a better alternative than Hodling ?

In case your crypt gives you an option to stake and grow your crypto then it may be worth considering.
As it provides a mental cushion to see the crypto grow.

Is powering up a good option ?

Some crypto based options let you power up.
For example Hive and leofiance.io are good examples of platforms which have their native tokens and allow powering up.
Take the example of Leofinance.io.
In this case if you hold your leo tokens which are the native tokens of the platform do not increase in number.

However if you power up your leo tokens which is akin to staking, your voting power on the platform goes up.
This means you have multiple options to earn crypto on the platform these are.

• By manual Curation : This way you can connect with worthy content creators and reward their posts with your enhanced leo power.
  Looking solely from the monetary point of view 50% of your rewards come to you as curation rewards.
• Alternatively you can delegate your voting power to one of the popular curation accounts like @leo.voter or the @hodlcommunity which gives 90% curation rewards daily how cool is that.
• By manual curation you are likely to consume a lot of good content and increase your knowledge multi folds about investment and the good projects.
  This would give you some useful insights about where to invest your crypto and what blockchains and projects to keep on your radar.

Any time is a good time to power up however...

That being said it makes total sense to power up on any given day.
However it makes even more sense to power up on leo power up day or the LPUD as it is commonly known as.
This is a day celebrated on every 15th of the month.

15th October 2022 would be the next LPUD

LPUD is a great day to power up day

For one almost all leo community members celebrate this day. It is the day of solidarity for the leo community that believes in the power of hodling and staking.

#LPUD is a great time to powerup and grow

Think of powering up as growing your account and there is no better way to grow your account with friends and fellow community members.

#LPUD and play for the big prizes

Any one who powers up 150 or more leo tokens automatically goes for a draw to win one of many prizes

What are the #LPUD prizes ?

As per the last #LPUD prizes as reference...
Eight random users who participate and win in LPUD will get one of the next Leo Power delegations for 3 weeks:

10k from @investing-dude
5k from @edicted
5k from @leomarkettalk & @taskmaster4450
5k from @anomadsoul
5k from @bitcoinflood
3k from @lbi-token
3k from @steemstreems & @leogrowth (1k each)
2k from @whatsup & @scaredycatguide (1k each)
There would be three winners for this prize.

Also there is even a prize for the unlucky one

"If you participate in the Leo Power Up Day initiative for three consecutive months - July, August & September - and you don't win any prize on any of these editions, and you made a post about #LPUD each of those months, then you qualify for the Bad Luck Prize by @onealfa, where he will delegate 60,000 LEO tokens for three weeks to on lucky winner!"

Eligibility criteria to win a prize ?

eligibility to win a prize ?

• Eligible participants would need to have a minimum of 200 Leo Power but less than 20,000 Leo Power on your account prior to powering up.
• One needs to Power Up# Header at least 150 or more Leo coins.
• You must not have powered down Leo since June 15
• Make a post about Leo Power Up Day, why are you powering up, why is it good for the platform, and talk about anything else you want to. Then share your post on Twitter using the tags #hive #leofinance, #cryptocurrencycurrency and #lpud.

You also win a #LPUD badge

Those of you who decide to power up with a minimum of 150 Leo tokens or more you would win a #LPUD badge

I am all set to be in for the draw

I am all set to celebrate #LPUD and put my name in the hat to one one of the mega prizes.
Hope you too take the opportunity to make your account and crypto returns grow.

PS: A Very valueable point maid by a esteemed viewer @Heruvim78

I quote the point here

 LPUD means Leo power up Day, where Leo is a Hive blockchain L2 token and power up equal staking.

Thanks @Heruvim78 for bringing this to my notice