Buying More & More Cubs; Playing The "Farming" Game
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Invest is a beautiful game because the lessons are even far more valuable than the money, money is fleeting, the knowledge of how defi works is what people that wants to venture into yield farming would eventually pay to have if there wasn't a space, a place like hive or leofinance and that is why above all, the blockchain, the community and the diverse projects built here is valuable, in terms of knowledge that would eventually go on to enrich one.
I have been buying cubs again and this time I bought at $3.4 or thereabout. It's huge how the APR has reduced these days with staking cubs but then its all about the long game. From 19 original Cubs that I got from the airdrop, I have managed to increase my holding in like 10 days, buying, harvesting and of course staking my returns.
I will have my cub-bnp farm pool and before I actually bought cubs I was caught between increasing the liquid in my farm pool and of course buying and staking Cubs, I was initially indecisive because the APR of my farm pool was at 1k plus and the cub in my Dens had 400 or something.
I think I'll earn more cubs putting my money in the farm rather than the Dens but then cubs is the aim for the long-term and since I already earn from the little I have in the farm I basically decided to go for cubs and see how my yieldings in seven days.
Realistically everyone seems to be selling some of their Leos to cubs I mean who wouldn't really do that? Cub promises to be exciting and sincerly only those who don't see it as a "get-rich-quick" scheme will eventually benefit. I had earlier bought when it was 11$ but then it's really doesn't matter.
One thing is I understand I don't have to sell my cubs in 6 months or one year and I'm guessing big things will happen. I'm looking forward to the burning merchanism to help with the price,plus people are taking this opportunity to buy, the fact that you don't just to hodl is why I generally love yield farming.
Overtime you accrue your investment through the cubs you have farmed and still stand a chance to watch the price which you purchase go up.
So it's basically a win-win situation, I believe what we majorly need is to maintain the consistency, buying and stacking and restaking the cubs one has farmed.
I currently don't know what determines the price of cubs at the moment but then a lot is actually involved. In my own way I just want to Keep increasing my stake and probably I could have more than 200 cubs before the end of march.
Before the end of the year probably a aim towards 2000 cubs and well more as well. I guess more people are already aiming towards more cubs, realistically things would get better; this is just the beginning and I have a feeling that many people will still miss out on the cub train just like a lot more people missed out on the Leo train. Inpatient people are the ones that will obviously miss out overtime.
I'm not really a techy guy on cubs and Defi stuff, I'm just a guy that has a nose for where the gem lies, so basically I don't know how this would play out, but then just like they say, "no risk, no reward"
Interested in some more of my works?
Decentralising "Centralisation": How Centralised Entities Aims To Join The Revolution
A Two-Way Valuation; Who Are We Truly? (3speak version)
A Sailor For Sacrifice {Caught In An Unknown Island} (A Prose Poetry)
Mindfulness: Forming Diverse Assertions Of What We Really Are Despite Internal Or External Influence
Stress And Anxiety: How Does These Two Deadens Our Creative Senses?
My name is @Josediccus, a young Nigerian student who is a Vlogger, A Psychologist, Poet And Sports Writer/Analyst. I'm using my contents as a process to create shared meaning as well as create expressions through which people on/off hive can relate. I believe content is a process to be enjoyed and relished and I'm up for any collaborations in my field stated above. Cheers
@Josediccus, your brother-in-pen & heart
I'm hoping to reach more people who are broken at heart and spirit, so share on any platform or reblog
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