Coumpound As a Crypto Investment Strategy

[Suba]

Compounding is an investment strategy where we reinvest the returns obtained, so that subsequent returns will be even greater. In the crypto world, there are currently many Staking features and Earn features available on both crypto exchanges and crypto wallets, making it easier for crypto investors to make passive income, by locking up the crypto they own. Have you implemented a compound strategy in crypto investment?

 

[riberet19]

Yes, I carry out this strategy with different cryptocurrencies and tokens, but the bad thing about compounding with cryptocurrencies is that it is difficult to see results because the price is too volatile, you have to have a long-term investment horizon especially with a view to a bull run.

 

[Suba]

Yes, I carry out this strategy with different cryptocurrencies and tokens, but the bad thing about compounding with cryptocurrencies is that it is difficult to see results because the price is too volatile, you have to have a long-term investment horizon especially with a view to a bull run.

I do too. That is one of the weaknesses of crypto which has high volatility, but in my opinion because of our long-term investment orientation, I don't need to monitor crypto prices all the time, the most important thing is that the amount or quantity of crypto we stake is increasing.