The LEO lion is touching green candles and I do not think this is stop any time soon
Why is this happening?
Well you can guess for yourself but I think the anticipation of becoming deflationary instead of inflationary is getting people bullish on the future of LEO's price
One thing to keep in mind is, the liquidity for Leo is low
what does this mean, it means when some of you wake up to the potential and decide you want to purchase your bag to secure your position you will quickly find out that there aren't many tokens available to purchase
For example, I have my LEO powered up, and the LEO I don't have powered up is not up for sale. I am just one person, there are plenty of people who aren't selling either. They are holding and have other things they sell.
I am usually good at spotting opportunities and I can sometimes "call" it when I should have done or not done something
I probably should sell some of my other assets do ape into Leo but its not that easy for me to bridge the money
all the fees and slippage to go from what I have into Leo makes me miss the chance of a massive run
but I do not want to buy up an illiquid LEO and then dump it on everyone when the price goes up... I never really looked at hive and Leo as a way to get rich
I have been here since steam its more of a community/habit thing than a money making thing.
with that said if Leo hits a $1 would a sell a few hundred ? sure, why not, ill tell you why. I think cashing out a little bit of hive/Leo will feel a lot different than cashing out some ETH for example when it pumps.
Why? what's the difference... I feel like earning these tokens by posting and curating is "different" than money earned from staking or farming per say.
That's why it's hard to part with the coins earned. Earning these tokens by posting feels like more work than receiving yield from other stuff I'm involved in.
maybe I am just weird or maybe you guys fully understand lol
I have seen a lot of different coins try a lot of different things when it comes to supply and demand
I have seen coins that leverage fees earned though volume to pump their own coins
its like a stock buy back essentially which can garner a lot of positive sentiment towards the asset thats being bought
Now a question to everyone reading. what is the best way to turn native hive into native Leo? back in the day I would just sign into leodex and pay a tiny fee to turn hive into Leo
Not looking to use any other chains or connect any wallets, just hive to Leo using my hive credentials. market price to market price, minimum fees and slippage, guide me :)
