Any market can not keep on going up all the time and a price drop is bound to happen. A correction is surely needed in between and sometimes this period also takes time. Currently, we are not in correction but its a bear market. This time is not worrying about the price instead its time to think differently and plan to build. We can not build during a bull market and this is why the bear market is needed.
Investing in DeFi (decentralized finance) gives us more opportunity and with cup D5 we can get a bunch of options to invest. There are 7 pools in the form where we can invest and earn up to 41% in a single pool and it is the range between 22 to 41% which I think is very good. There are 7 pools on the farm and this is good APR earning. If we for traditional income here then we can not earn more than 7% with banks and compare to this we are getting way more with cub defi. BHBD-BHIVE pool offers 22.46% of APR with a 30x multiplier ad currently has also 150k USD locked in this.
We can earn up to 103.95% APR through various farms in cubdefi. This is the defi portal built by the leofinance team and they are trying all the possible ways to bring more action and value to this.
Cub Finance (CUB) token price is in an up trend and we can see the green color in the chart. I have been tracking the price and its stable in this range. Even during the bear market its not go further down and its because the community does not want to sell. I expect that this price will improve once the market starts to recover. I parked all my CUB tokens in the new kingdom a few weeks back and am happy with whatever I am earning. The earlier kingdom was good but the new version is much better as we have the option to earn more if we go for a long-term vision and stake for 52 weeks. I did it for the whole year with 52 weeks and I am hopeful that it will bring better returns. Though I bought cub when it was more than $3 still I am hopeful that I will be able to recover my money along with profits but let's see howmuch time it takes.
I am planning to buy some more CUB because this way I will be able to average out the buying price and with this nice apr I should be able to earn more and accumulate. Its very important to accumulate because later when the price grows then profit can be booked. I have no plan to book profit now and same strategy I also follow with some other tokens. You never know when the market will be good and its difficult to find out the bottom so better to keep on buying at different price levels. There is no option to have DCA for CUB else this could have been a nice method to accumulate more with no manual intervention.
Thank you