Hive has taken a bearish turn recently, thus dropping so low to #0.25. While some people are not happy about the situation in the price, I have taken the opportunity to buy and hodl some hive token for several purposes which could includes using as an exchange for other hive engine tokens, Leo tokens in particular.
For instance, I recently found out that with just 1hive you can get at most 6leo or there about. In view of this, considering the bearish market. 1hbd which is pegged at $1 will get you at least 3.5hive or 4hive. Thus, I get to buy more Leo and stake them on Leo power up day (LPUD) to be able to accomplish the #myleogoals which I established set up for the year 2023 on leofinance.
Well, this thus is a good investment as with your hbd earnings which you get on posts, comments or curration all you need do is exchange or rather convert hbd to hive. It only takes 3day to convert with no extra charges unlike when you have to pay a little fee for exchange. With the investors mindset that I have become knowledgeable about, I intend to convert hbd and hodl hive in order to achieve my set up goals for Leo, which is to reach the newborn cub status on discord role.
This is not a financial advices as people can have different views about the matter.