Crypto, what to do in a bear market.

in crypto •  2 years ago  (edited)

Disclaimer

I am not a professional advisor and therefore accept no responsibility for any damage suffered by following advice or following information in this blog.

The information in this blog is for informational and educational purposes only.

The trading of Bitcoins, alternative cryptocurrencies has potential rewards, and it also has potential risks involved. Trading may not be suitable for all people. There is no bank guarantee. You can lose your investment. Don't use money you can't afford to lose.

Always do your own research first and seek professional advice if you need it.

You understand that you are using any and all Information available on or through this blog at your own risk.

Crypto, what to do in a bear market.

The crypto market is very volatile, if you want to take less risk, earning interest on stablecoins might be a good option.

Unfortunately, there have also been bad experiences here in the past, such as the collapse of the UST coin.

The USDC coin might be a better alternative to invest in. One way to do that is to use Youhodler.

YouHodler, a cryptocurrency lending platform with its headquarters in Switzerland, allows customers to borrow money at low rates of interest by using their bitcoin as security. This platform includes users from 180 different countries and is categorized as a centralized money solution.

They have multiple products including Earning interest.

Currently July 22, 2022, the interest rate on USDC is 10.3%.

They have several stablecoins, with different interest rates, these are shown below.

USDT

10.7%

USDC

10.3%

TUSD

10.3%

DAI

10.3%

BUSD

9%

HUSD

10.3%

EURS

10%

How to Earn Cryptocurrency

Deposit crypto into a crypto interest account

YouHodler pays interest on BTC, PAXG, USDC, TUSD, USDT, HUSD, PAX, BNB, HT, XRP, XLM and ETH deposits. If you don't have such crypto you can convert it from other cryptocurrency or fiat currency. Earn 11.28% on EUR, earn 11.28% on USD, earn 11.28% on GBP by convert fiat to stablecoins in seconds using our platform.

Earn interest on crypto (earn free crypto)

Once the funds are deposited into your crypto savings account, the first weekly payment period begins and you earn free crypto.

Monitor your crypto interest earnings on a daily basis by checking the "Earned" counter. At the end of each week, the earned amount will be deposited into your account.

Important info

If you release funds before the end of the weekly period, you will not receive interest earned during the uncompleted week.
If additional crypto is deposited within the weekly period, the crypto interest from this deposit will be applied to the next week.
After each week is over, crypto interest will be deposited into your Account. Users are free to keep it there to accumulate even more profit.

For more information check the following websites

www.youhodler.com
www.youhodler.com/stats

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