Three Good Reasons that DeFi is the, future of cryptoinvesting
DeFi the future of cryptocurrency investing.
The future of cryptocurrency is no longer waiting for the number to go up, it’s earning income daily in DeFi.
Number go up.
This strategy is just “Buy Low, sell high” renamed. It means buying a crypto token, and waiting for it to go up in price. It’s usually a passive process, which means most investors can’t do anything to make the price go up, so they can’t do anything active to earn money. It is a powerless role, which involves a lot of waiting.
This strategy is the primary profit strategy for most investors, and I don’t like it fir two reasons. First of all, you are powerless to affect the price. You are just hoping and praying the price goes up, so you can sell at a profit. So “number go up” makes you powerless. Second, the odds are against you when you play “number go up”. The harsh reality is that the majority of new token prices start high, pump a little bit, then the price falls and stays down for months or years, until it pumps again. While there are definitely some traders who make money, it seems that most don’t make money, and many actually get poorer from losing most of their investment capitol. In other words the “Number go up” strategy makes you powerless, and makes most investors poor.
The alternative to “number go up” is to engage in decentralized finance.
There are three reasons I like decentralized finance.
First decentralized pays you daily. I have invested in Uniswap, JustSwap, PolyZap, PanCakeSwap, Polycat, and Cubfinance. My capital earned income daily. It is great. I am not hoping and praying to make money. I am making money.
Second decentralized finance is an active process. You look for good yields, you look for safe projects. I am more in control, but I am learning how to pick safe investments. I got burned on Iron Finance and learned from it. I earned money in PolyZap, PolyCat, and much more in Cubfinance. I learned from it. You research the project developer, the names, faces, what projects are they involved in and what is their history. Plus you go to discord and Telegraph and find out what is the community like, which supports the project. It’s not helpless waiting, it’s an active learning process. I am not powerless, I become powerful.
Third, decentralized finance is evolving. JustSwap, Sun coin, Just Coin and Uniswap taught me about being a Liquidity Provider. PanCake Swap and Cubfinance taught me about Yield Farming. PanCake Bunny and Iron Finance, taught me about Rug Pulls, and the importance of code audits. Autofarm, PanCake Swap and Cubfinance taught me the importance of Compounding and learning to differentiate between the different types of Tokenomics and the importance of continual learning.
First decentralized pays you daily. Second decentralized finance is an active process. You look for good yields, and you look for safe projects. Third, decentralized finance is evolving rapidly. Here on Leofinance we are part of a community where we can learn about DeFi, and with Cubfinance we are getting a hands on education. Plus seeing how new concepts in DeFi are implemented and how investors profit from these changes.
Cubfinance is a profitable, safe place to learn about decentralized finance, and the financial tools like staking, Liquidity provision and Yield Farming. This is the future of finance, and fortunate are we who are here. Today we are blessed with good fortune and one day wealth and freedom.
Shortsegments is a writer focused on cryptocurrency, the blockchain, non-fungible digital tokens or NFTs, and decentralized finance.
Read more of shortsegments articles here: https://leofinance.io/@shortsegments
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