Coins To Look At In The Bear Market: Steem, Bibox and Kucoin

in #cryptocurrency5 years ago

So I have shifted my thinking in the bear market and am focusing more on coins that pay dividends in some way or another. These are some of the smartest investments you can make in the crypto market as they will increase themselves over time and if you are not looking to sell anytime soon, this can pay off in the long run. I still hold some coins that I think can do well in a bull run but for this post I want to talk about dividends.

This is not investment advice so please do your own research, this is just what I found to be useful.

Steem is a great coin for this. If you hold it in SP you get around 2% a year. This is more than most savings accounts. If you are posting and voting then that is another return on your investment daily. Plus you can delegate it and get a percentage that is up to 20%. That is higher than you will get in any market. When the price goes up you will be happy to be sitting on a lot of them.

Kucoin and bibox are another good investment if you want money your coins to grow over time. I personally recommend bibox as it has a much higher rate of return. But it is up to you if you are comfortable holding your coins on an exchange. If the answer is yes I really recommend looking into bibox.

Any you want to add?

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Do you think KuCoin is near a bottom?

Posted using Partiko iOS

Hard to say in this market. It depends on bitcoin. If it hold and goes up we could be at bottom but if it goes down again it could shake out alt prices.

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