Guys, whats the best way to make a profit on

Question

Guys, whats the best way to make a profit on

DeFiChain ? For the moment i have liquidity mining with some decantralised stocks and dusd-dfi, any advice for a beginner ? Thanks

#blockchain #cryptocurrency #defichain #english

0

09.02.2022

5 ответов

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Ted Ulus Автор вопроса

Spencer L
That already is very good. That's probably the bes...

Thanks, its safe to have stocks or better dfi-dusd ?

0

09.02.2022

Spencer L

Ted Ulus
Thanks, its safe to have stocks or better dfi-dusd...

Both are quite good. DUSD-DFI has a large liquidity pool, so one person cannot as easily manipulate the liquidity pool. However, you carry the price risk of DFI, and if DFI went close to 0 your liquidity holdings would also get close to 0, and oppositely if DFI skyrocketed and DUSD went close to 0 against DFI you would not have as much money due to impermanent loss. In contrast, with stocks you get a consistent payout for much less volatility risk, especially if you invest in something low risk like a dividend stock. But if you want to invest in either liquidity pool you must believe in the future and be confident in DeFiChain. It is your own choice on what you should do, but I would invest most of my holdings into various stock pools while keeping some in DUSD-DFI. In stock liquidity pools you do not gain a lot of money if DFI skyrockets though, it would just be like using Fidelity/Vanguard/other broker to manage some traditional assets.

0

09.02.2022

Ted Ulus Автор вопроса

Spencer L
Both are quite good. DUSD-DFI has a large liquidit...

Ok, thank you very much for your reply, i will keep more % in dfi-dusd tho

0

09.02.2022

Spencer L

Ted Ulus
Ok, thank you very much for your reply, i will kee...

No problem. It really depends on you and what you would like to do, and your financial situation.

0

09.02.2022