Does Coin Price Matter?
I find it hilarious when people jump to conclusions about a Crypto project based on its price in the market. 😂 There are a ton of new and old projects out there that are underrated and have massive potential to grow in the upcoming years. Just like HIVE, LEO, CUB & PolyCUB. If you look at their current prices then most probably you won't get excited too much. Ironically, I get excited when the price of a coin is low because that gives you leverage over other traders. Maybe they don't realize the potential as you do or they are simply unaware of the existence of such a project. That's your cue to make big (or tiny) investment moves to take a large (or small) position in the project. When you enter at the right time and at a low price point, even a $100 investment can give you great returns. Just like you don't judge a book by its cover, similarly, you don't look at the price before investing. It often lies! Metrics such as Market Cap & Trading Volume are not enough to judge the real value of a coin. They only help traders take their decisions and predict the patterns or trends that could help them make the trade happen.
Utility Is The Only Thing That Matters!
What are the major use-cases of a coin? Why would someone want to buy it again and again? What does the coin do? Tokenomics, Technology, Features, Marketing & Community don't really mean anything if there is no "utility" to a coin. A crypto project is good as its use case. Without it, there’s only speculation and it is a risky play. That's why you shouldn't invest in Dogecoin or Shiba Inu.
In order to make long-term gains in your crypto investment just look for the answer to this question - "What's the utility?". If you have the answer to it whether it's positive or negative, you will win because then you can make a decision on the basis of facts. In short term, you might not make a ton of profit but if the list of utilities keeps growing or even if the only use-case a coin has is solving a major problem, then its price will definitely rise. Obviously, there are hundreds of factors affecting the markets and something you cannot control but you can definitely bet on your research. The more you do it, the more answers you will get. If there's no utility, there will be no demand and eventually, the price will die.
Don't Sleep On PolyCUB
I see a lot of new folks joining Leo Finance from other communities inside and outside of Hive. It's a great opportunity for them to have some exposure to one of the best Yield optimizer DeFi platforms called PolyCUB powered by Polygon Network. The PolyCUB token is designed to be deflationary like Bitcoin but on steroids. This means that it's undergoing halving cycles continuously that would cause the emissions to go nil in a few months. Features like bonding, collateralized lending, HBD liquidity pool, and weighted rewards will increase the demand for the token as and when they get released. @taskmaster4450 published a detailed post yesterday which covers all these points in detail.
The most exciting part in PolyCUB mechanics is xPolyCUB. The xPC to PC is living proof that xPolyCUB will only go up as more demand is created. It's performing exactly like how it was designed. What you invest now in xPolyCUB will automatically compound and grow in terms of PolyCUB. A lot of us miss this simple detail because we focus too much on Short term price swings. It's a token with great utility and its case will only get stronger with time. I would suggest everyone reading this post to have a look at it. The Airdrop of PolyCUB for holding CUB is still not over and you guys have the chance to take advantage of it. Timing is very important in crypto, we all know that xPC:PC ratio will be higher two weeks later than it is now. Don't sleep on PolyCUB! Enjoy those sexy APYs now and thank me later. :))
What do you guys think? Comment Below!