This morning when I eas checking out my Hive feed, I came across a post by @gungunkrishu and mentioned the price downfall of Leo Token. I have been keeping an eye on Leo token price for some time and wanted to but it was almost 1.5 times of Hive toke so I was waiting for the right time to buy it.
Today when I say this post then I thought that its an opportunity to buy some tokens.
There is a high one-day dip in Leo token price as you can see in the chart.
I had some HIVEP in my account already and added some more to do the buying. I did not know that LeoDex charges 0.25% for deposit as I was using Hive-Engine and they charge flat 1%. Going forward I will be using only LeoDex as it will help to save 75% on HIVEP deposit charges.
I placed a bit to buy some tokens at the current market sell price and for the remaining, I have placed a bid for buy price (keeping highest so that it gets fulfilled first)
I will be buying about 500 LEO tokens and if it gets further down then even more. I usually don't prefer to buy all in one price because in crypto nothing is 100% sure and my strategy is to buy 50% approx at the current price and then the remaining for the lower rate.
Undoubtedly Leo project has done wonderfully in the last few weeks and it has made its ATH that its price was 1.5 times Hive token.
This price downfall is because of the hack in the pool and I hope the team will fix it soon. I don't know if Leo price will go up or down but I believe in the project and team so I have invested some money in this. I will keep an eye on the token price and will buy more if there is further dip.
This is not financial advice so if you are planning to buy then do your own research
Thank you so much.
images are taken from leodex except for the one from twitter and source is provided