Some ramblings
Things are moving quickly in the crypto space recently, especially the price. So after $Hive reaching the $1 price mark, $Steem also went up and is comfortably positioned at the $1.22 price. We are truly living in the bull season, it makes me feel that I should keep more liquid tokens to stay ready for trade anytime.
The price of the tokens seems to fluctuate at a faster rate which for some is a good opportunity to make some money from arbitrating to different exchanges. Anyway. that's not my game plan anymore since I don't want to deal with the stresses that come along by doing it.
I think the obvious strategy right now is through DeFi platforms. A quick way to make some bucks. The risk is the potential loss of the funds.
That's why it's important to learn more about the project and the team who are administering it.
It's important to learn about the team's vision for the project. Also, it's crucial if the project is built for sustainability and has the potential to grow. I think that it will all depend on the creative approach by the core team.
