So hello everyone how are you all hope so everyone is well and good so friends today i would be sharing the updates which have taken place on the Cub Defi platform and is it worth it to invest your money in Cub Token or not.
Updates:
The major update which has taken place is the discontinuing of some of the Den and Farm which is really very bad from a investor point of view in short run but it is really going to be beneficial in long run which i will be explaining later so as of now just have a look at the list of pools which will be discontinued in next few hours.
The reason why it is going to be beneficial in long run is as apr of almost 150% or even higher and that too with stable currency is something which is not at all sustainable and no project with this pool can grow as the rewards going out would be extremely high making it difficult for the platform to run so tough as an investor i am unhappy but at the same time i do believe that it is going to be of greater advantage in long run.
Is it worth investing in Cub Token?
Cub token is falling ever since it has came into existence and has almost touched the bottom of around 2$ which was one of the most perfect and greatest time to invest in tough i was not able to invest in at that point of time but even now is it worth investing at a price of around 3$? So my answer would be yes as any project which comes in the market rely on two things the first one is the team behind it and the second one is the support from the people which it gets in the case of Cub it has the power of both as with extremely good team it becomes even great to believe in them and invest as early as one can also you can see the public support on the project ever since they exist so from my side it's an must have investment thing.
What to fo with the Cub you buy?
So what i am gona do is i will be staking all my Cub in the Cub den and will be getting returns from it by Staking it as if anywhere in the investment field if you can utilise the power of compounding then why not.
As of now i am thinking to invest approx 1000$ in part wise which i think will be great option as i can average out my price and also multiple it with over 100% rate.
As of now i am having 83 cub which is staked so very soon i will be increasing my holding which i will be updating you soon.
So what are your thoughts on this project do let me know as it will really be helpful gor everyone around.
Thanks friends have a great day ahead.
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I'm agree with your fact that a project who have strong community with strong holding hand and a good team bhind it can be achieve hights in succes. I'm little bit curious about if you are planning to invest 1000 dollars into the platform.
Yup i already did more than that approx 1500$ in total.
HI @sumit71428 - thanks for sharing your experiences with Cub. I have been taking a look myself but haven't taken the plunge yet. You have given me something to think about. Cheers - have a !wine on me.
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Thanks for the wine mate...
From the comments you read this is a worthwhile investment. just that most people have no knowledge of how to make this investment. And personally I have read a lot about the procedures to invest and they really seem complicated to me, especially because of the exchange between one currency and another and the different processes that must be done.
Perhaps If it was easier not to have to exchange from one currency to another, many more people would join this interesting project.I do see a lot of future for this.
Although I am investing in other projects such as CST since the investment process is much simpler, it is acquired with bitcoin Cash and weekly profits are obtained with a good apr of 1 to 3% in BCH.
That's really great is there any post or link through which i can have a look on this project?
Sure, you can check here
Learn and earn crypto.
https://cryptosorted.info
And at telegram:
.@CryptoSorted
Sure check here
https://cryptosorted.info
Telegram
@CryptoSorted