Bitcoin is too stable a cryptocurrency and we have to keep that in mind, I think LeoFinance may be something that will be affected with the whole Hive/Leo ecosystem and for this reason I want to write a post about Bitcoin.
Many people around the world know what the word "AltCoin" means but we don't really know why this kind of phenomenon happens in the world of cryptocurrencies. Blockchain is really something very complex and thanks to the advent of Bitcoin we have been able to undertake other tools and if you are an enthusiast then you must know that the price of BTC is also related to the price of $HIVE and also to the price of $BNB.
BTC pice, HIVE price & Binance Trading
In the image I have taken from the website CoinMarketCap.com assures us a bull market all this time, and I find it very interesting to see the price of $HIVE right now, if we see the price of $HIVE we can realize that we can get a really decent profit trading $BTC and it is a very complex issue, but it is really worth to get passive income in $HIVE and passive income in $BTC, many people know how to spot a bull market effectively.
I understand that many users on Hive have no idea how to earn passive income on $HIVE and that is why today I want to explain a little about this, I want to mention that LeoFinance is a community that can generate $HIVE and $LEO effectively and that is why I am writing this.
Is Binance really the best platform for trading BTC?
It is true that Binance has no commissions when trading BTC and that's great, but can we really trade in the BTC/HIVE group without commissions? It is very possible to trade this great opportunity, but I think the best is to have passive income paid daily, that is an APR% to do it daily, let's look at the price of $HIVE and we can see that we are simply in a good time to sell.
I have previously left a screenshot for you to notice how bullish it has been lately and that is really nice to buy $BTC right now, but it really isn't worth it at only 5% when we can easily sell at 8% profit in our favor.
Here I will leave the price of $HIVE and the price of Bitcoin together.
Why invest in LEO right now?
I am really investing in Cubfinance because it seems to me that it is a really decentralized DeFi project and because I want to take advantage of this bear market to buy some extra cryptocurrencies and hold them for this 2023, I must mention that LeoFinance helps a lot and especially the curators of Hive, it seems that the bull market is starting and this is because we have simply been in a bear market for more than 1 year and we must remember why all this has happened.
Many of us know what happened with FTX, it just affected the cryptocurrency market in a really big way.
We can also mention that many other companies have gone bankrupt and that affects the whole financial market, another point that I find really interesting is that the price of $BTC reached a price of $50,000 last year and the price of $HIVE was above $1.5 and that is what we want, but we have seen how the price of $HIVE has surpassed the price of Bitcoin.
Conclusion
From my point of view I must mention that the price of BTC can be really high for this 2023, we expect a price of 0.38$ * $HIVE to confirm the bull market, I must mention that HIVE is a very strong cryptocurrency and that BTC can reach a historical low that has not been seen before and for this reason we must be cautious.
If we take a good look at the Bitcoin price we can realize that it is simply at an all-time low a year ago, but we are also clear that it can easily reach $12,000 and especially $8,000 and with this we can mention that the price of $HIVE can even decay to $0.05.
- I would like to mention that the material presented in this article is for educational and entertainment purposes, discretion is recommended.
Thanks for reading.
See you next time.
Lucas Nahuel.
