We are still pretty much in the bearish market, as we have seen cross the crypto spectrum and stocks are seen probably 50% - 90% down trend. In this kind of crypto climate, stable coin are the best option in the preservation of wealth and there are some notable stable assets which have prove to be solid as regards this. The fall of Luna/ UST had a negative impact on crypto market.
In the act of investing, investors should make it a habit of taking out profits of their investments in other to avoid losses of both profits and their capital. And this profits can be kept as stable assets, in this mode let’s speak a bit about what are stable assets.
Stable assets are digital assets that are pegged to the United States Dollar(USD) with a one ratio one (1:1). The above is just synopsis of what it entails, for those who are not an OG in the space, they are several stable assets across the crypto spectrum which are USDT, HBD,
If you see this post on a Web2 ecosystem and you have no clue about what Leofinance is here is a brief definition;
LeoFinance is a blockchain-based Web3 community that builds innovative applications on the Hive, BSC, ETH and Polygon blockchains. Our flagship application: LeoFinance.io allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards.
Over here we refer to users as lions, so are you ready to be a lion here is my referral link
Also don’t forget in contributing to the pHBD-USDC pool, and from statistics it looks like we will be able to archive the set target in a few months, let’s do our own part in growing the pHBD-USDC liquidity and also take out time to participate in the Leo power up challenge which happens every 15th of each month.
Let’s also connect on some of the web2 platform.
Twitter:Hironakamura
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