Nowadays we all are seeing that the crypto market is a victim of decline. Prices have gone down and investors are in a scene of disappointment. But history is witness that after every darkness, brightness comes.
This is the cycle of the market, sometimes boom and sometimes crash. The people who do patience and take decisions at the right time only they take the real benefit. #Crypto market is all about long term investment and those who have patience will surely book their profits.
At this time if you look at any altcoin including #hive, all are available at discounted price. Meaning those coins which were expensive a few months before, today are available at cheap price. Now the question arises that should buying be done at this price or not?
Everyone has their own risk tolerance but my thinking is that from here the chance of recovery is quite strong. #Bitcoin is standing at $80K. Its about 30% down from its all time high and only when guessing it has more chance to recover back.
Especially for Hive users one best option I think is investment in liquidity pool. This is not any financial advice only a suggestion from my side. Whoever feels it right can do their own research and try it. Liquidity pool in reality is such a place where you can lock your tokens and earn passive income.
In the Hive ecosystem liquidity pools are a very good investing point. Here you can invest in pairs of different tokens. As we know that the price of most tokens depends on #hive. If Hive recovers then often other tokens also follow it. Therefore this strategy is considered good for long term.
You can access the liquidity pool from Tribaldex exchange which is a part of the Hive ecosystem. After login go to the Pool option and select any pair from there. For example #hive and #colony, #hive and #leo, #hive and #zing, #hive and #helios and many more pairs are available.
By investing in these pairs if you leave it for long term then two types of benefit can happen. First capital gain when the market recovers and second passive income which you will keep getting from the pool. Meaning your money will keep working and will also keep growing.
The biggest benefit of investing at this time is that the risk of loss looks comparatively low because the market is already at low price. When prices are high then risk is more but when everything is down then chances of recovery increase. That is why smart investors often take entry in a bearish market.
Remember that patience is the key to success. People who panic quickly often remain in loss while the people who move with planning take profit. If you invest in liquidity pools with long term thinking then hope is that in the coming time it will give a good result.
I hope you guys will like this post and is interesting as well. If you find it informative then dont forget to give me a support. Share you reviews in the comment section below. Thank you all for your time reading the content.
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