Why trade forex or oil why not simply invest in Leo or WLeo

in LeoFinance10 months ago (edited)

forexvs leo.jpg

8 October 2020

Euro down Vs. Ruble
The Euro dropped 0.9% against the Ruble during 8 oct

Euro recovers slightly

However in later trade the Euro recovered slightly to 91.04 rubles and traded down 0.87%

In comparison the U.S dollar was down 0.84% and traded at 77.37 rubles.

On the oil front the Brent Oil with delivery option was up to $42.84 per barrel a positive gain of 2%
These prices were on ICE (London based exchange)
Correspondingly the WTI oil futures price hardened by 2% to 41.02 per barrel.

That is how currencies and oil prices move

For traditional traders in these asset classes this can be news worth following.
However for crypto investors the Leo token and its wrapped version wLeo offers an interesting opportunity.

The Leo price has shown considerable price movement in the last couple of weeks.
Investors have seen a price movement from $0.03 per Leo to around $0.24 trading currently.

Investors are earning by way of investing in the wLeo pool and enjoying capital appreciation as well as earning by way of income by providing liquidity to the liquidity pool.

Posted Using LeoFinance Beta


Some would argue that if you didn’t trade forex exotics with ridiculous leverage, the increased liquidity of certain majors actually makes them a much more stable market than Hive Engine tokens. 😉

Posted Using LeoFinance Beta

That point is valid for sure
Also the Hive Engine is a much younger product and the opportunity here is much different as it is dealing with a very different asset class.
What do you think @forexbrokr

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