Hive Blockchain: Some Things You Should Know Before Investing In Crypto

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Cryptocurrencies are really an investment asset with a lot of risk, we have to take into account many important aspects before investing in cryptocurrencies, I think we can lose money in seconds if we do something wrong in our movements in cryptocurrencies, I remember when I started to generate money in cryptocurrencies I lost a great capital for not knowing how to differentiate the networks, but today I will be talking a little about how to identify a good investment and especially how to protect ourselves from a bad investment, I think I can take as an example the Hive blockchain.

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Hive Blockchain & Crypto Investment

Here we can find many investment opportunities and especially many other growth opportunities, we simply have to take this into account, I think a really sustainable investment is LEO token, many people have made a lot of money investing in this cryptocurrency, taking into account the APR that generates LEO token we can determine the quality of this investment in Hive blockchain, there are many users who do not know how to differentiate a crypto project effectively, these same users end up being scammed or simply end up losing money, so I want to mention some important points:

  • Diversify your portfolio: I think it is a great idea to protect your cryptocurrency investments, the same I recommend the experts who know a lot about NFT investments, it is always recommended to buy different collections and not buy just one collection and put all your money in it.

  • Rug Pulls: This is something that has happened a lot of times in several projects, I think it is really important to know all this, when we invest in a decentralized project we have to be careful with the liquidity pools, this is really very important, we can generate thousands of dollars a day, but if there is no liquidity then you will not be able to redeem your cryptocurrencies.

Hive blockchain offers a wide variety of assets to invest, but I always recommend LEO, I think it is a layer 2 token really very sustainable and with a large volume of users and investors contributing value to keep the ecosystem clean and nice.

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See you in the next installment, remember that the material published here is for educational and entertainment purposes only, I am not responsible for your money and I recommend doing it at your own risk.

Acknowledgments:

I would also like to encourage the community to use the new UI in LeoFinance, currently in Alpha version, we want you to give us your feedback and know that we are a community focused on the growth of the LEO/HIVE ecosystem providing value with the development of new applications based on Web 3.0.

New LeoFinance UI:

https://alpha.leofinance.io/threads

Miranda Casal - Quora - Instagram - Discord

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Posted Using LeoFinance Beta

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