Post
Topic
Board Trading Discussion
Merits 3 from 1 user
Re: AsidesTrading, What Are Less Risky Methods of making money in crypto(?
by
alastantiger
on 12/09/2024, 23:50:10 UTC
⭐ Merited by Zackz5000 (3)
This brings me to the purpose of this thread. To stay active, I’ve got stables in my portfolio and I’m looking for advice. Between launchpools and other low-risk investment options, which is better for retail traders, and what risks are involved?

Launchpad are good way to invest into altcoins but not all the launch pool project are always successful hence that's going to be a challenge for you to find a good one to invest into. Since you're trading, why not invest in Bitcoin instead of looking for the next big altcoins to invest into. Altcoins can be good investment when you find the next one to explode but if you invest into the one that's getting sold, you won't be happy about that. Investing in Bitcoin should be a better low risk investment option. You can stake your stablecoin too and get nice percentages, I know staking stablecoin is risky as you'll have to leave your stablecoin on exchange to receive the rewards but you're already risking it by trading and leaving your money on exchange. Why not risk more and get the best value of the risk that you're taking. You can stake for small numbers of weeks and not lock them up for months without having access to your stablecoin because anything can happen.