I've been swapping my freshly earned H-E tokens to SWAP.BTC. This helps me to pile on Bitcoin, however small amount it can be. Here's why I think it makes sense.
With only 19 to 20 million Bitcoin in circulation (out of the maximum 21 million), and growing institutional interest, Bitcoin has a clear value proposition. The recent attention from figures like Trump has only added to its momentum in the financial system. Now, BTC has my attention.
I get a bunch of random tokens from my activities on Hive, such as POB, LEO, PEPE, etc. Instead of holding onto some of these smaller Hive Engine tokens hoping for significant gains, I'm taking a more practical approach: I convert them to SWAP.BTC.
Of course, I maintain core holdings in HIVE and LEO, and only convert excess Hive Engine tokens to SWAP.BTC.
I like to think of it as a form of Bitcoin mining - by converting smaller assets into BTC, as a by product of my Hive activity.
Hive Engine tokens, while interesting, can be volatile and may lose value over time. Bitcoin, with its established position and limited supply, offers a more stable long-term option.
As Saylor notes, it's like physics - the fundamental properties of Bitcoin, with its potential to suck in the world's wealth, make it an appealing store of value.
Once we have a comfortable amount of HIVE and LEO, converting extra Hive Engine tokens to BTC can be a sensible move. It's not about completely exiting these tokens, but rather about managing risk and value preservation.
Have you tried similar conversions? How are you handling your Hive Engine tokens?
Posted Using InLeo Alpha
