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RE: Steemitblog #steemcryptochallenge Deep Dive into DeFi: What is a Liquidity Provider?

Hello @shortsegments,

I totally get your point on liquidity providing. You're correct, sometimes when we trade, we don't get profit as we would want but when we provide liquidity, we get small consistent incomes. This is a no brainer for people who may not have that time to trade. You'll agree that to make profit from a trade, one will have to take time to study the market, take close observations and make correct predictions. If one sells at the wrong time, there may be lesser or no profits. And also, making profits from trades involves some degree of trade expertise which I must say, not every body has. This makes providing liquidity a preferable option for those who don't have the time or expertise for trades.

Nice entry. You really explained liquidity well. Thank you for sharing.

#twopercent #nigeria

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