I really like investing when market is bearish, when there is fear everywhere. This is the best time to trace the movement of whales and be with them. Unfortunately, majority of the investors did not survive the bearish trend and most of them leave the market selling their coins in loss.
This is not the solution, when market is beairsh its time for accumulation. This month is being the best for me in term of investment. I invested in #hive, #Colony, #HBD. I recently powered up 854 HIVE, continuously adding #HBD and today I added more #hive and #Colony in liquidity pool.
My investment journey is being continue from the last 2 months. Investing slow and steady.. Few days ago I invested in #Colony and #Script token and staked them. Today I invested 2.598 #hive and 3223.581 #Colony token in the liquidity pool. The total amount reached to 5.939 hive and 7369 Colony token.
If I count the overall #Colony investment then the total quantity is around 17K Colony. I have achieved 17% of my target that is to reach 100K Colony within 3-4 months. I will easily achieve the target if I be consistent for the next few months.
To be honest I really like the bearish market. The main reason is that the prices are low and I can accumulate more in short time period. It is almost impossible to achieve the targets when the prices are high and market is bullish. Also it is foolish to invest when the prices are high because downtrend is possible which will give you loss.
Majority of the investors get confused when the market turns bearish but to be honest I really like these times. I can accumulate more of the coins I want to invest and also can achieve my targets very quickly.
At current #hive price, I can achieve the 20K target within one year. In case the price rises the accumulation gets slow and it is difficult to achieve the targets in short time. Therefore, these are the best times to invest in your favorite tokens. My investment continues in #hive, #Colony, #Script, #HBD and #Leo.
How To Invest In Liqudity Pool?
The process is very simple, first of all you need to login in #hive-engine with your hive account. In the wallet you must have swap.hive and Colony token. If not, you need to but these tokens at first. Click on deposit to add swap.hive in your wallet as shown in the picture.
The transaction will only take few seconds to deposit swap.hive. After that you need to have #Colony token, if already have then good otherwise you need to buy from the market. Search #Colony, select the price you want to buy and place your bid.
The next step is to login in #Tribaldex. Here you will access to the liqudity pool. On the top you will find the "SWAP" option. Click on it and choose the create liquidity pair. Choose the pair you want to invest, like swap.hive and colony.
After that add the amount you want to invest. Like I added 2.59HIVE and 3223COLONY. Click on the confirm to add your investment in the liquidity pool. It will take only few seconds for the investment to be added in the liquidity pool. The last step is to check your liquditiy positions where you will find the pair you have invested recently.
For the pair swap.hive and Colony, you will get around 25% APR (at the time of writing). The APR varies depending upon the transactions. The more transactions will help you earn more rewards. After your investment is done enjoy the APR profits. If you are holding for long term then there is no loss otherwise for the short term holders, keep in mind about impermanent loss ( have detailed post about it).
I hope you guys will like this post and is interesting as well. If you find it informative then dont forget to give me a support. Share you reviews in the comment section below. Those who will interact will get my 100% upvotes. My staking is increasing. Thank you all for your time reading the content.
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REMEMBER: We should prepare for the unexpected and hope for the best. Life may not be easy, but you must do your best and leave the rest to God.
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