As I look out over the carnage that is the cryptocurrency market, I must admit one thought is in my mind...
- It's time to get back into defi!
- Call me crazy but...
So many project tokens are at all time lows, more then 90% off their all time highs...
- I am sure there are people who say we aren't at the bottom yet...
- But do we need to call the bottom to make big profits?
- In general looking at Hive, Splinterlands and Leofinance:
- The Hive community is more vibrant then ever before, planning the next large scale meetup HiveFest! And
is releasing a new playtoearn game on Hive.
- Leofinance has a huge and growing community with more instant, easy onboarding tools and mobile app versions.
- Leofinance projects like Polycub are revolutionary in Tokenomics and innovations.
Look at Hive:
- Hive is 33 cents and still 285% above its all time low of 8 cents and is about 90% below its all time high $3.42
- So at this point it is 10x to get back to the all time high.
Look at Splinterlands
The all time high was 1.07, it’s priced today at 0.05 or 5 cents.
- SPS count go lower, but you can buy 20 times more for a dollar now, then at the all time high of one dollar seven cents.
- I think most of us have faith that SPS will recover because Splinterlands is going to get more popular.
- It’s cheaper to buy great cards, it’s cheaper to build a great monster card deck, and it’s cheaper to accumulate a big bag of SPS so you get airdrop rewards.
- And you can stake SPS in the Splinterlands game wallet for 51% APR or deposit it in a Liquidity pair SPS-Polycub on Polygon for 108% interest.
- If you don’t know how to do that you can send 250 SPS or more to the wallet at
with group B in the wallet transaction memo and
- ‘The point is it’s cheap and big earnings gains are possible now, during the bull market.
Look at Cubfinance...
- The all time high price is 3.46 and current price is 95% off the high.
- The chart looks terrible from one perspective, but this token project is attached to a 20,000 investor strong community. And it is about to undergo a major revision.
- ‘So right now if you invest you can still get 88% APR yields on a Cub-BUSD Liquidity Provider pair with the stable coin BUSD providing big protection against the downside, but rich daily profits on your current investment with No early withdrawls penalty.
- ‘Honestly, I have faith that the price of Cub will recover when all the modifications on Polycub are applied there, and don’t forget that the planned expansions to Avalanche and Thorchain are still on the Roadmap, and
tells us they are still on the Calender. We know that all airdrops on Avalanche and Rune are dictated by your Cub holdings. Plus he reports hiring more developers everyday to make these things happen.
- So I consider it a low risk investment, as most of the token depreciation has occurred, the APRs are still high enough to accumulate large amounts of this token, and be well positioned for the recovery.
Look at Polycub
- I look at the price of PolyCub and I think it could go lower, but doubt that on a percentage basis it's much more then 25%, and mostly it's got buy written all over it.
- ‘We know all the modifications have resulted in very positive price action with a 50% increase in price before the last big market correction.
- ‘We also know of that in addition to changes in all the pairings to require PolyCub, and all the amazing things like Collateralized loans, project owned liquidity, and other project features that the future of this project is very bright.
- ‘The truly amazing thing is those who invest now get to buy Polycub at a huge discount, and they are looking at huge upside. I think it’s an amazing time to invest.
New investment opportunities new liquidity pairs on Polygon Polycub incentivise investment on our community tokens in DeFi projects:
Hive-Polycub
HBD-USDC
SPS-Polycub
- And a new opportunity to invest in these projects like you would buy a coffee from a machine: EasyDeFi
- Consider this...
Bear markets are characterized by reduced content creation and less competition for rewards.
- It’s a perfect time to accumulate tokens and build the stack which will return great multiples of your current investment.
- ‘The trick during a bear market is to buy good projects, not bad, and know the difference.
- One way to know is did this project survive the last bear market and did the price recover?
- For Hive the answer is yes.
- I think the answer is yes also for Hive Engine tokens with loyal, large communities who remain active, and are communities with lots of continuing development and utility.
- Leofinance is one such community, Sp,inter lands is one such community.
- Large loyal communities, lots of utility, and continuing developer activity characterize Hive, Leofinance, and Splinterlands.
- ‘That’s why I am moving back into invest in Hive, HBD, Leo, Cub and Polycub.
Say goodbye to the fair weather friends
- During bear markets people who were only here for number go up will be mostly gone.
-mThey will not stay to accumulate tokens, build their networks of people they upvote, curate or receive upvotes from. - They will will allow the people with conviction to earn more rewards and build their stacks.
- The fair weather people don’t believe in the project, the community or the importance of this technology as a revolution which is changing social media, and will change it for ever.
- How do I know this?
- Its happened before... on Steemit and on Hive...
- The fair weather or shall I say bull marker content creators have repeatedly come and gone, selling their Hive for Bitcoin or Ethereum, and during the bear market they disappear...
- I and others will stay and produce content, stack tokens deemed worthless by others, and we will continue to believe in this revolution.
This bear cycle will be different, only in what I will do..
- I will invest more then I did the last bear cycles because you don't understand the value of the opportunity that you have during your first bear cycle.
- But this time for me will be different.
- I have literally seen Hive rise from the ashes before and seen the charts of Hive rising from the ashes before as Steem.
- ‘It’s hard to wrap your mind around the thought of doing what most won’t do…
- ‘It’s hard to be a minnow and think like a whale.
- So most minnows will just be one older minnows, not whales.
- Now I am a believer.
- I understand the disbelief, because the crushing losses of a bear market are so great that recovery doesn’t seem possible.
- ‘But the past teaches us that such recovery is possible, if the cryptocurrency token has a community, Utility and continued development.
Safety of Cubfinance and Polycub
- What about rugpulls and hacks.
- ‘They are always possible.
- But we can do everything we can to provide safety by having third party firms audit the code for vulnerabilities.
- We know who made Cubfinance and Polycub, we know these two projects are Certik certified and code tested for vulnerabilities.
Summary
I have been here before, and as low as prices are for cryptocurrency tokens, I know that projects which rise back to previous all time price highs have three characteristics: large loyal communities, tokens with lots of utility/use cases and ongoing development.
I can't give you advice on what to do with your money, but I can give you a peak at what I plan to do with mine, so do your own reserch. And only invest money your willing to lose or tie up for a while. We are in the wild, Wild West, where fortunes are made and dreams are shattered. It’s exciting and dangerous. We are pioneers, explorers, the first to go where few have gone before, and with great risk May come great reward. So educate yourself and try to improve your odds of success by putting logic and probability on your side.
