Which assets should I invest in during the current market drop? - page 4.

Modna

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Quote from: iyvcgm on May 28, 2021, 08:58:03 AM

Quote from: Modna on May 28, 2021, 08:54:54 AM

At the same time, disadvantages don’t look that important against the background of the growth of DeFi tokens which increased 250% in the beginning of the year and keep growing. Tokens like this are more stable and promising than regular coins. Here, you can find the info on the limits, token burning and other info you might need.

Which token should I invest in first then?

Currently, PMP token of Pumpy.farm gains popularity. It’s based on Binance Smart Chain and has 40% annual staking rate: not too much, but you’ll have stable income because the token is less prone to inflation.

iyvcgm

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Quote from: Modna on May 28, 2021, 08:54:54 AM

At the same time, disadvantages don’t look that important against the background of the growth of DeFi tokens which increased 250% in the beginning of the year and keep growing. Tokens like this are more stable and promising than regular coins. Here, you can find the info on the limits, token burning and other info you might need.

Which token should I invest in first then?

Modna

newbie

Activity: 49

Merit: 0

Quote from: oliverlott on May 28, 2021, 08:51:36 AM

Quote from: Modna on May 28, 2021, 08:47:08 AM

Quote from: iyvcgm on May 28, 2021, 08:30:16 AM

What risks cane you face in DeFi environment?

The main risk is slow transactions – centralized analogues work faster.

Also, it’s a good option only for experienced users because the responsibility of the intermediaries is now taken by the parties to the contract, that’s why beginners make a lot of mistakes.

At the same time, disadvantages don’t look that important against the background of the growth of DeFi tokens which increased 250% in the beginning of the year and keep growing. Tokens like this are more stable and promising than regular coins. Here, you can find the info on the limits, token burning and other info you might need.

oliverlott

jr. member

Activity: 115

Merit: 1

Quote from: Modna on May 28, 2021, 08:47:08 AM

Quote from: iyvcgm on May 28, 2021, 08:30:16 AM

What risks cane you face in DeFi environment?

The main risk is slow transactions – centralized analogues work faster.

Also, it’s a good option only for experienced users because the responsibility of the intermediaries is now taken by the parties to the contract, that’s why beginners make a lot of mistakes.

Modna

newbie

Activity: 49

Merit: 0

Quote from: iyvcgm on May 28, 2021, 08:30:16 AM

What risks cane you face in DeFi environment?

The main risk is slow transactions – centralized analogues work faster.

iyvcgm

newbie

Activity: 41

Merit: 0

Quote from: Modna on May 28, 2021, 08:08:43 AM

Quote from: oliverlott on May 28, 2021, 07:54:23 AM

Cryptocurrencies face some barrier nowadays. For example, Bitcoin only reached $63 000 within a year, and, currently, its price is $36000.

In addition, hackers constantly attack exchanges, and you might lose your money forever. Using DeFi tokens based on Ethereum blockchain where everything depends on smart contracts is safer.

What risks cane you face in DeFi environment?

Modna

newbie

Activity: 49

Merit: 0

Quote from: oliverlott on May 28, 2021, 07:54:23 AM

Cryptocurrencies face some barrier nowadays. For example, Bitcoin only reached $63 000 within a year, and, currently, its price is $36000.

In addition, hackers constantly attack exchanges, and you might lose your money forever. Using DeFi tokens based on Ethereum blockchain where everything depends on smart contracts is safer.

Dadan

sr. member

Activity: 789

Merit: 273

Quote from: 15262kk on May 28, 2021, 02:22:38 AM

Which coins are more promising in terms of investing now?
Many of them drop, which ones grow?

Here are some altcoins that I think it worth investing in the current market value, Ethereum, ADA, TRON. I would highly suggest investing more in Ethereum as I see some potential to grow within the last month of the year or research on your own. There are many tips here that will help you. Also, try to look at coinmarketcap. All altcoins are listed there, and it will also provide some data about the coins.

oliverlott

jr. member

Activity: 115

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Quote from: Modna on May 28, 2021, 07:34:30 AM

Quote from: 15262kk on May 28, 2021, 02:22:38 AM

Which coins are more promising in terms of investing now?
Many of them drop, which ones grow?

currently the tokens of DeFi projects gain popularity, as well as staking and loan services, even hedge funds choose them for investments

Cryptocurrencies face some barrier nowadays. For example, Bitcoin only reached $63 000 within a year, and, currently, its price is $36000.

Modna

newbie

Activity: 49

Merit: 0

Quote from: 15262kk on May 28, 2021, 02:22:38 AM

Which coins are more promising in terms of investing now?
Many of them drop, which ones grow?

currently the tokens of DeFi projects gain popularity, as well as staking and loan services, even hedge funds choose them for investments

Bitcoinjheta

full member

Activity: 798

Merit: 104

Good assets should invest in during the current market drop are those coins like BTC, BNB, ADA, ETH which for me has a promising coins in time once the market price bounce back.
These would surely grow all coins when it pump and can be categorised by short, medium and a long term hodl.

WalkerIVIV

hero member

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Cryptocasino.com

Quote from: 15262kk on May 28, 2021, 02:22:38 AM

Which coins are more promising in terms of investing now?
Many of them drop, which ones grow?

It must be majorcoin. Here's why. it caused by the major coin will be bouncing back again when bitcoin will enter into the bullish trend agian. The fact that this is always happening since a long time ago.
That's why try to pick some best coins can be considered as the best movement.
YOu can try to pick some coins on top 10 CMC like binance, ADA, and matic or something else based on your analyzation.

poodle63

hero member

Activity: 2702

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Leading Crypto Sports Betting & Casino Platform

If you're asking which one of them gonna grow after bearish ends, then there's no definite answer to that, because any coin even the shitcoins could grow right?
but at the time of of market drop like this you can find a major coin that got dumped so hard more than other coin which make it become undervalued and see whether they got the potential to regrow to their ATH or not.
Definitely not easy but you gonna notice, even ETH and BTC right now is undervalued. However, be careful with investing into some shit coin or this thing called meme coin , their price could go down even after bearish market
ends because they are pure speculation.

ChaoChibai

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Activity: 588

Merit: 10

-ethernity cloud-

Quote from: 15262kk on May 28, 2021, 02:22:38 AM

Which coins are more promising in terms of investing now?
Many of them drop, which ones grow?

In my opinion you can go and invest on bitcoin also top ten alltcoins in coinmarketcap.
I think they are coins that will grow in the future, and if we reduce the options I think you can invest on Bitcoin and BNB because they are promising.

15262kk

newbie

Activity: 20

Merit: 1

Which coins are more promising in terms of investing now?
Many of them drop, which ones grow?

Topic: Which assets should I invest in during the current market drop? - page 4. (Read 588 times)