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REX, the First Certificate of Deposit Token on the Binance Smart Chain

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The controversial cryptocurrency HEX, designed and launched by Richard Heart in December 2019, was the first Certificate of Deposit token to ever exist on a blockchain. The token was designed to store value and replace traditional Certificates of Deposit.

HEX essentially allows users to stake their tokens for a share of the new token issuance and is made to disincentivize users from harming the cryptocurrency’s price or moving their funds after they are staked.

Stakers are penalized for ending their stake early and are rewarded for staking larger amounts over longer periods. It’s based on the Ethereum network as an ERC-20 token.

Being an inflationary token, disincentivizing users from moving their stake means that when the money is needed, rewards may be significantly cut off. Moreover, being on the Ethereum blockchain means high fees that will cut into users’ bottom lines.

An alternative to HEX is a new token based on the Binance Smart Chain (BSC) called REX. It’s a cryptocurrency that acts as a Certificate of Deposit that provides users with premium interest rates in exchange for staking.

What is REX?

REX is a cryptocurrency designed for the storage and transmission of values, with an integrated staking function – similar to HEX. It offers a higher rate of return than traditional Certificates of Deposit and immense flexibility by bringing in a plethora of new functions.

Users can name their stakes to keep track of their purpose – a stake can be for example named “vacation plan” so the user knows the funds are reserved for some time off. In case investors need funds, they can scrape off interest from immature stakes to avoid penalties.

Its flexibility goes even further, allowing stakers to split a specific stake into two in case they need to transfer their stakes to a different address. If a stake was meant to be a gift, it can simply be transferred to the receiver.

When a stake is opened, the $REX is burned and converted into SHARES. These SHARES represent the stake’s size and length. The price only increases over time and is determined by a global “SHARE price” tracked in the REX contract.

The REX ecosystem consists of several smart contracts on the Binance Smart Chain, so it offers the security and immutability of one of the largest blockchain networks in the world.

Swapping REX Over Decentralized Exchanges

Swapping REX on the Rex-Token.com website allows investors to participate in auctions and mint new tokens themselves. REX’s token supply is generated via daily auctions with a total of 3 billion $REX tokens being minted over the course of the first year. 

Daily, randomly selected REX holders’ addresses receive BNB rewards in the BigPayDays feature. This means that those who have participated in the auctions may just get back the BNB they used to buy $REX in the first place – something you will usually not see on decentralized exchanges.

On top of all this, from day 1 a total of 8,000 REX addresses are eligible to claim free #REX tokens. On claiming, the smart contract creates a new stake for users with these new tokens. A total of 292 million $REX will be minted for these free claims.

A portion of the BNB from the acquisition of $REX will be used to slowly add liquidity to PancakeSwap. Over time, this liquidity will allow investors to easily cash out and trade $REX based on their beliefs of its price performance.

REX’s Tokenomics

The REX ecosystem has the $REX token at its heart, but there are two additional tokens stakers can take advantage of to increase their earnings and flexibility. The tokens are:

●       $TREX – This is an optional token that improves the user experience. Addresses holding at least 1 TREX can get higher limits at auctions, improved referral rewards, and always the initial SHARE price when staking.

To get $TREX investors must send exactly 1 $BNB to the TREX contract. After doing so, the tokens are automatically minted to the sender’s address. A total of 1,000 $TREX will exist, with 1 being the limit per address.

●       $MREX – The $MREX token supply is limited to 10,000 with a 20 cap per address. It boosts referral rewards, unlocks special functions such as naming and moving stakes, and improves limits on auctions.

To get $MREX investors must send multiples of 0.1 $BNB to the MREX contract. Every 0.1 $BNB equals 1 $MREX token minted at the senders’ address.

The REX website provides functions allowing users to easily buy tokens on their dashboard. It also makes it easy to stake $REX tokens. When staking, tokens are locked for a period of time to earn interest.

When a stake reaches full maturity, investors can close the stake to receive their principal plus interest without penalty. After a stake’s maturity, a 14-day grace period starts, after which interest is cut by 1% per week.

Earnings in stakes come from SHARES as well as the supply inflation of $REX, which is 5% per year. The longer a user stakes the better it is to benefit from an increase in the price of SHARES.

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Click here to access.

Source: https://coinpedia.org/news/rexfirst-certificate-of-deposit-token-on-the-binance-smart-chain/

Coinpedia

How to Invest your Crypto in 2021: Best Proven Strategies

Published

on

From this article, you’ll get to know how to make money on crypto with minimal effort. These strategies will come in handy even if you have little or zero experience in handling cryptocurrencies.

If you want to make money on crypto, active trading is not the only way out. In this article, you’ll find three simple and efficient strategies for making passive income on cryptocurrencies.

Earning interest:

Interest rates at legit platforms won’t make you a millionaire in one day. But the more crypto you have, the more you can earn.

What is the interest rate? How does it work?

It works on the same principle as a savings account in a conventional bank. You open a cryptocurrency interest-earning account and get a yield for letting cryptocurrency exchanges and service providers to borrow your tokens.

About the assets BTC, ETH, USDT

Seasoned crypto owners recommend newcomers to invest in cryptocurrencies with the highest market cap — ideally, in the ones that make it into the top 30. To check the current rating, visit the CoinMarketCap site.

BTC was the first-ever cryptocurrency and ETH was the first-ever altcoin. USDT is the most prominent cryptocurrency that is tethered to fiat money. Each of these assets would become a good start for a novice investor.

Earning interest platforms

To be able to earn interest, you should choose a reliable platform. You shouldn’t trust platforms that promise an annual percentage yield (APY) of 50% and more. Something around 17% is probably the maximum realistic yield.

Midas.investments

This credible and reputable ecosystem was launched in 2017 to create and manage crypto passive income streams without hassle and FOMO. Midas.Investments is the custodial crypto-investment platform focusing on producing passive income on the core assets, such as BTC, ETH, USDT, BNB, and DeFi market. Its team gathers the best yields from the market and makes them accessible to anyone. Over 15,000 investors from all over the world trust this platform and have deposited over $21M there.

What assets are available?

At Midas.investments, you can choose from dozens of assets — including the three top ones that were mentioned above. All the coins were hand-picked by the expert team and you’ll have good chances to earn money on them.

BTC – up to 17%

Today, Bitcoin is considered an important hedging asset and the “digital gold”. It happened to be the first decentralized p2p payment network and it functions without central authorities or intermediaries.

ETH – up to 23%

Ethereum is a smart contract platform that enables developers to build decentralized applications (DApps) on its blockchain. ETH is the native digital currency of this platform.

USDT – up to 17%

This is the digital currency of a blockchain-enabled Tether platform that was built to facilitate the use of fiat currencies in a digital manner. Tether enables its customers to transact with traditional currencies across the blockchain, quickly and easily.

Binance

This crypto exchange was founded in 2017. In 2021, it became the largest platform of this sort on a global scale in terms of trading volume. It offers the following 7-day APY for the three major cryptocurrencies: BTC — 1.20%, USDT — 2.00%, ETH — 0.24%.

Blockfi

This company was founded in 2017 to provide credit services to markets with limited access to simple products like a savings account. If you stake 1 BTC here for 1 year, you’ll get 0.04 as a reward. If you stake 1 ETH, you’ll get 0.05 ETH in 12 months and if you stake 1 USDT, you’ll get 0.09 USDT.

Staking

If you stake crypto, you can become a validator of its network. This will make the network more secure. You’ll earn rewards for actions that enable the network to reach a consensus.

What is staking? How does it work?

You deposit your crypto to activate validator software. You’ll need to store data, process transactions and add new blocks to the blockchain.

Solution

To stake your savings, you should find a reliable platform — and that would hardly be the same platform that you use to earn interest.

ETH

For staking ETH, consider ethereum.org/en/eth2/staking/. Mind that won’t be able to withdraw your stake until future upgrades are deployed. Also, you’ll be able not only earn rewards for doing work that benefits the network but also get penalties if you go offline, fail to validate or carry out malicious actions.

Where to find staking opportunities?

You can consider, for instance, the dropsearn.com platform. If you stake ETH here, you can expect to get an 8.78% reward or an 8.54% adjusted reward (it is the nominal yield minus inflation). Your compound reward will be 9.17% — that is the rate of return taking into account reinvestment of profit. Your adjusted compound reward will be 8.92%.

Buying and Hodling

This is the easiest way to handle your crypto. You buy it, you keep it, you wait until its price reaches its maximum — and then you sell it.

Pros

Such an approach to earning passive income has three major advantages.

No time wasting

Even the busiest people can find time to buy crypto and find a secure wallet for it.

Large investing horizon

The longer you hodl your crypto, the higher its price might raise (however, there are no guarantees!).

No unnecessary actions

You just don’t need to take care of anything.

Cons

However, the easiest path inevitably has some shortcomings.

No self-development

You don’t expand your knowledge about crypto and you might miss many lucrative opportunities.

The opportunity to earn passively on staking

The only difference between hodling and staking is that you should put a bit more effort into the latter. You need to find a trustworthy platform and explore its conditions — but this will pay off.

No rebalancing

Over time, the value of any asset might fluctuate. You might want to rebalance your portfolio to get more income from the most promising assets.

Conclusion

Hopefully, this information came in handy and now you have a better vision of passive crypto investing. As you see, you can make good money on crypto even if you’re not planning to trade actively.

Why is it important to use investment strategies?

By using an investment strategy, you’ll minimize your risks and will be able to secure better gains. You can distribute your assets into three parts and try each of the strategies that were described in this article.

PlatoAi. Web3 Reimagined. Data Intelligence Amplified.
Click here to access.

Source: https://coinpedia.org/guest-post/how-to-invest-your-crypto-best-proven-strategies/

Continue Reading

Coinpedia

How to Invest your Crypto in 2021: Best Proven Strategies

Published

on

From this article, you’ll get to know how to make money on crypto with minimal effort. These strategies will come in handy even if you have little or zero experience in handling cryptocurrencies.

If you want to make money on crypto, active trading is not the only way out. In this article, you’ll find three simple and efficient strategies for making passive income on cryptocurrencies.

Earning interest:

Interest rates at legit platforms won’t make you a millionaire in one day. But the more crypto you have, the more you can earn.

What is the interest rate? How does it work?

It works on the same principle as a savings account in a conventional bank. You open a cryptocurrency interest-earning account and get a yield for letting cryptocurrency exchanges and service providers to borrow your tokens.

About the assets BTC, ETH, USDT

Seasoned crypto owners recommend newcomers to invest in cryptocurrencies with the highest market cap — ideally, in the ones that make it into the top 30. To check the current rating, visit the CoinMarketCap site.

BTC was the first-ever cryptocurrency and ETH was the first-ever altcoin. USDT is the most prominent cryptocurrency that is tethered to fiat money. Each of these assets would become a good start for a novice investor.

Earning interest platforms

To be able to earn interest, you should choose a reliable platform. You shouldn’t trust platforms that promise an annual percentage yield (APY) of 50% and more. Something around 17% is probably the maximum realistic yield.

Midas.investments

This credible and reputable ecosystem was launched in 2017 to create and manage crypto passive income streams without hassle and FOMO. Midas.Investments is the custodial crypto-investment platform focusing on producing passive income on the core assets, such as BTC, ETH, USDT, BNB, and DeFi market. Its team gathers the best yields from the market and makes them accessible to anyone. Over 15,000 investors from all over the world trust this platform and have deposited over $21M there.

What assets are available?

At Midas.investments, you can choose from dozens of assets — including the three top ones that were mentioned above. All the coins were hand-picked by the expert team and you’ll have good chances to earn money on them.

BTC – up to 17%

Today, Bitcoin is considered an important hedging asset and the “digital gold”. It happened to be the first decentralized p2p payment network and it functions without central authorities or intermediaries.

ETH – up to 23%

Ethereum is a smart contract platform that enables developers to build decentralized applications (DApps) on its blockchain. ETH is the native digital currency of this platform.

USDT – up to 17%

This is the digital currency of a blockchain-enabled Tether platform that was built to facilitate the use of fiat currencies in a digital manner. Tether enables its customers to transact with traditional currencies across the blockchain, quickly and easily.

Binance

This crypto exchange was founded in 2017. In 2021, it became the largest platform of this sort on a global scale in terms of trading volume. It offers the following 7-day APY for the three major cryptocurrencies: BTC — 1.20%, USDT — 2.00%, ETH — 0.24%.

Blockfi

This company was founded in 2017 to provide credit services to markets with limited access to simple products like a savings account. If you stake 1 BTC here for 1 year, you’ll get 0.04 as a reward. If you stake 1 ETH, you’ll get 0.05 ETH in 12 months and if you stake 1 USDT, you’ll get 0.09 USDT.

Staking

If you stake crypto, you can become a validator of its network. This will make the network more secure. You’ll earn rewards for actions that enable the network to reach a consensus.

What is staking? How does it work?

You deposit your crypto to activate validator software. You’ll need to store data, process transactions and add new blocks to the blockchain.

Solution

To stake your savings, you should find a reliable platform — and that would hardly be the same platform that you use to earn interest.

ETH

For staking ETH, consider ethereum.org/en/eth2/staking/. Mind that won’t be able to withdraw your stake until future upgrades are deployed. Also, you’ll be able not only earn rewards for doing work that benefits the network but also get penalties if you go offline, fail to validate or carry out malicious actions.

Where to find staking opportunities?

You can consider, for instance, the dropsearn.com platform. If you stake ETH here, you can expect to get an 8.78% reward or an 8.54% adjusted reward (it is the nominal yield minus inflation). Your compound reward will be 9.17% — that is the rate of return taking into account reinvestment of profit. Your adjusted compound reward will be 8.92%.

Buying and Hodling

This is the easiest way to handle your crypto. You buy it, you keep it, you wait until its price reaches its maximum — and then you sell it.

Pros

Such an approach to earning passive income has three major advantages.

No time wasting

Even the busiest people can find time to buy crypto and find a secure wallet for it.

Large investing horizon

The longer you hodl your crypto, the higher its price might raise (however, there are no guarantees!).

No unnecessary actions

You just don’t need to take care of anything.

Cons

However, the easiest path inevitably has some shortcomings.

No self-development

You don’t expand your knowledge about crypto and you might miss many lucrative opportunities.

The opportunity to earn passively on staking

The only difference between hodling and staking is that you should put a bit more effort into the latter. You need to find a trustworthy platform and explore its conditions — but this will pay off.

No rebalancing

Over time, the value of any asset might fluctuate. You might want to rebalance your portfolio to get more income from the most promising assets.

Conclusion

Hopefully, this information came in handy and now you have a better vision of passive crypto investing. As you see, you can make good money on crypto even if you’re not planning to trade actively.

Why is it important to use investment strategies?

By using an investment strategy, you’ll minimize your risks and will be able to secure better gains. You can distribute your assets into three parts and try each of the strategies that were described in this article.

PlatoAi. Web3 Reimagined. Data Intelligence Amplified.
Click here to access.

Source: https://coinpedia.org/guest-post/how-to-invest-your-crypto-best-proven-strategies/

Continue Reading

Coinpedia

How to Invest your Crypto in 2021: Best Proven Strategies

Published

on

From this article, you’ll get to know how to make money on crypto with minimal effort. These strategies will come in handy even if you have little or zero experience in handling cryptocurrencies.

If you want to make money on crypto, active trading is not the only way out. In this article, you’ll find three simple and efficient strategies for making passive income on cryptocurrencies.

Earning interest:

Interest rates at legit platforms won’t make you a millionaire in one day. But the more crypto you have, the more you can earn.

What is the interest rate? How does it work?

It works on the same principle as a savings account in a conventional bank. You open a cryptocurrency interest-earning account and get a yield for letting cryptocurrency exchanges and service providers to borrow your tokens.

About the assets BTC, ETH, USDT

Seasoned crypto owners recommend newcomers to invest in cryptocurrencies with the highest market cap — ideally, in the ones that make it into the top 30. To check the current rating, visit the CoinMarketCap site.

BTC was the first-ever cryptocurrency and ETH was the first-ever altcoin. USDT is the most prominent cryptocurrency that is tethered to fiat money. Each of these assets would become a good start for a novice investor.

Earning interest platforms

To be able to earn interest, you should choose a reliable platform. You shouldn’t trust platforms that promise an annual percentage yield (APY) of 50% and more. Something around 17% is probably the maximum realistic yield.

Midas.investments

This credible and reputable ecosystem was launched in 2017 to create and manage crypto passive income streams without hassle and FOMO. Midas.Investments is the custodial crypto-investment platform focusing on producing passive income on the core assets, such as BTC, ETH, USDT, BNB, and DeFi market. Its team gathers the best yields from the market and makes them accessible to anyone. Over 15,000 investors from all over the world trust this platform and have deposited over $21M there.

What assets are available?

At Midas.investments, you can choose from dozens of assets — including the three top ones that were mentioned above. All the coins were hand-picked by the expert team and you’ll have good chances to earn money on them.

BTC – up to 17%

Today, Bitcoin is considered an important hedging asset and the “digital gold”. It happened to be the first decentralized p2p payment network and it functions without central authorities or intermediaries.

ETH – up to 23%

Ethereum is a smart contract platform that enables developers to build decentralized applications (DApps) on its blockchain. ETH is the native digital currency of this platform.

USDT – up to 17%

This is the digital currency of a blockchain-enabled Tether platform that was built to facilitate the use of fiat currencies in a digital manner. Tether enables its customers to transact with traditional currencies across the blockchain, quickly and easily.

Binance

This crypto exchange was founded in 2017. In 2021, it became the largest platform of this sort on a global scale in terms of trading volume. It offers the following 7-day APY for the three major cryptocurrencies: BTC — 1.20%, USDT — 2.00%, ETH — 0.24%.

Blockfi

This company was founded in 2017 to provide credit services to markets with limited access to simple products like a savings account. If you stake 1 BTC here for 1 year, you’ll get 0.04 as a reward. If you stake 1 ETH, you’ll get 0.05 ETH in 12 months and if you stake 1 USDT, you’ll get 0.09 USDT.

Staking

If you stake crypto, you can become a validator of its network. This will make the network more secure. You’ll earn rewards for actions that enable the network to reach a consensus.

What is staking? How does it work?

You deposit your crypto to activate validator software. You’ll need to store data, process transactions and add new blocks to the blockchain.

Solution

To stake your savings, you should find a reliable platform — and that would hardly be the same platform that you use to earn interest.

ETH

For staking ETH, consider ethereum.org/en/eth2/staking/. Mind that won’t be able to withdraw your stake until future upgrades are deployed. Also, you’ll be able not only earn rewards for doing work that benefits the network but also get penalties if you go offline, fail to validate or carry out malicious actions.

Where to find staking opportunities?

You can consider, for instance, the dropsearn.com platform. If you stake ETH here, you can expect to get an 8.78% reward or an 8.54% adjusted reward (it is the nominal yield minus inflation). Your compound reward will be 9.17% — that is the rate of return taking into account reinvestment of profit. Your adjusted compound reward will be 8.92%.

Buying and Hodling

This is the easiest way to handle your crypto. You buy it, you keep it, you wait until its price reaches its maximum — and then you sell it.

Pros

Such an approach to earning passive income has three major advantages.

No time wasting

Even the busiest people can find time to buy crypto and find a secure wallet for it.

Large investing horizon

The longer you hodl your crypto, the higher its price might raise (however, there are no guarantees!).

No unnecessary actions

You just don’t need to take care of anything.

Cons

However, the easiest path inevitably has some shortcomings.

No self-development

You don’t expand your knowledge about crypto and you might miss many lucrative opportunities.

The opportunity to earn passively on staking

The only difference between hodling and staking is that you should put a bit more effort into the latter. You need to find a trustworthy platform and explore its conditions — but this will pay off.

No rebalancing

Over time, the value of any asset might fluctuate. You might want to rebalance your portfolio to get more income from the most promising assets.

Conclusion

Hopefully, this information came in handy and now you have a better vision of passive crypto investing. As you see, you can make good money on crypto even if you’re not planning to trade actively.

Why is it important to use investment strategies?

By using an investment strategy, you’ll minimize your risks and will be able to secure better gains. You can distribute your assets into three parts and try each of the strategies that were described in this article.

PlatoAi. Web3 Reimagined. Data Intelligence Amplified.
Click here to access.

Source: https://coinpedia.org/guest-post/how-to-invest-your-crypto-best-proven-strategies/

Continue Reading

Coinpedia

How to Invest your Crypto in 2021: Best Proven Strategies

Published

on

From this article, you’ll get to know how to make money on crypto with minimal effort. These strategies will come in handy even if you have little or zero experience in handling cryptocurrencies.

If you want to make money on crypto, active trading is not the only way out. In this article, you’ll find three simple and efficient strategies for making passive income on cryptocurrencies.

Earning interest:

Interest rates at legit platforms won’t make you a millionaire in one day. But the more crypto you have, the more you can earn.

What is the interest rate? How does it work?

It works on the same principle as a savings account in a conventional bank. You open a cryptocurrency interest-earning account and get a yield for letting cryptocurrency exchanges and service providers to borrow your tokens.

About the assets BTC, ETH, USDT

Seasoned crypto owners recommend newcomers to invest in cryptocurrencies with the highest market cap — ideally, in the ones that make it into the top 30. To check the current rating, visit the CoinMarketCap site.

BTC was the first-ever cryptocurrency and ETH was the first-ever altcoin. USDT is the most prominent cryptocurrency that is tethered to fiat money. Each of these assets would become a good start for a novice investor.

Earning interest platforms

To be able to earn interest, you should choose a reliable platform. You shouldn’t trust platforms that promise an annual percentage yield (APY) of 50% and more. Something around 17% is probably the maximum realistic yield.

Midas.investments

This credible and reputable ecosystem was launched in 2017 to create and manage crypto passive income streams without hassle and FOMO. Midas.Investments is the custodial crypto-investment platform focusing on producing passive income on the core assets, such as BTC, ETH, USDT, BNB, and DeFi market. Its team gathers the best yields from the market and makes them accessible to anyone. Over 15,000 investors from all over the world trust this platform and have deposited over $21M there.

What assets are available?

At Midas.investments, you can choose from dozens of assets — including the three top ones that were mentioned above. All the coins were hand-picked by the expert team and you’ll have good chances to earn money on them.

BTC – up to 17%

Today, Bitcoin is considered an important hedging asset and the “digital gold”. It happened to be the first decentralized p2p payment network and it functions without central authorities or intermediaries.

ETH – up to 23%

Ethereum is a smart contract platform that enables developers to build decentralized applications (DApps) on its blockchain. ETH is the native digital currency of this platform.

USDT – up to 17%

This is the digital currency of a blockchain-enabled Tether platform that was built to facilitate the use of fiat currencies in a digital manner. Tether enables its customers to transact with traditional currencies across the blockchain, quickly and easily.

Binance

This crypto exchange was founded in 2017. In 2021, it became the largest platform of this sort on a global scale in terms of trading volume. It offers the following 7-day APY for the three major cryptocurrencies: BTC — 1.20%, USDT — 2.00%, ETH — 0.24%.

Blockfi

This company was founded in 2017 to provide credit services to markets with limited access to simple products like a savings account. If you stake 1 BTC here for 1 year, you’ll get 0.04 as a reward. If you stake 1 ETH, you’ll get 0.05 ETH in 12 months and if you stake 1 USDT, you’ll get 0.09 USDT.

Staking

If you stake crypto, you can become a validator of its network. This will make the network more secure. You’ll earn rewards for actions that enable the network to reach a consensus.

What is staking? How does it work?

You deposit your crypto to activate validator software. You’ll need to store data, process transactions and add new blocks to the blockchain.

Solution

To stake your savings, you should find a reliable platform — and that would hardly be the same platform that you use to earn interest.

ETH

For staking ETH, consider ethereum.org/en/eth2/staking/. Mind that won’t be able to withdraw your stake until future upgrades are deployed. Also, you’ll be able not only earn rewards for doing work that benefits the network but also get penalties if you go offline, fail to validate or carry out malicious actions.

Where to find staking opportunities?

You can consider, for instance, the dropsearn.com platform. If you stake ETH here, you can expect to get an 8.78% reward or an 8.54% adjusted reward (it is the nominal yield minus inflation). Your compound reward will be 9.17% — that is the rate of return taking into account reinvestment of profit. Your adjusted compound reward will be 8.92%.

Buying and Hodling

This is the easiest way to handle your crypto. You buy it, you keep it, you wait until its price reaches its maximum — and then you sell it.

Pros

Such an approach to earning passive income has three major advantages.

No time wasting

Even the busiest people can find time to buy crypto and find a secure wallet for it.

Large investing horizon

The longer you hodl your crypto, the higher its price might raise (however, there are no guarantees!).

No unnecessary actions

You just don’t need to take care of anything.

Cons

However, the easiest path inevitably has some shortcomings.

No self-development

You don’t expand your knowledge about crypto and you might miss many lucrative opportunities.

The opportunity to earn passively on staking

The only difference between hodling and staking is that you should put a bit more effort into the latter. You need to find a trustworthy platform and explore its conditions — but this will pay off.

No rebalancing

Over time, the value of any asset might fluctuate. You might want to rebalance your portfolio to get more income from the most promising assets.

Conclusion

Hopefully, this information came in handy and now you have a better vision of passive crypto investing. As you see, you can make good money on crypto even if you’re not planning to trade actively.

Why is it important to use investment strategies?

By using an investment strategy, you’ll minimize your risks and will be able to secure better gains. You can distribute your assets into three parts and try each of the strategies that were described in this article.

PlatoAi. Web3 Reimagined. Data Intelligence Amplified.
Click here to access.

Source: https://coinpedia.org/guest-post/how-to-invest-your-crypto-best-proven-strategies/

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