Hello lovely people of Hive community. Hopefully you will be enjoying your life with good health and spirit. Friends, bearish trend continue in crypto market as the market observed 0.5% dip in last 24 hours. Current global crypto market is around $810 Billion which at one stage was about to touch $3,000 Billion.
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During bearish trend it is important to build your portfolio on such coins which has good used case and already down more than 90% of its all time high worth. One of such coin is Cub which observed more than 99% dip from its all time high worth of $4.73. Currently Cub is trading around all time lowest worth of $0.019. Big dip in price.
I invested Cub when it was around $3. With current worth my income from Cub is negative. Infact it has reduced 3/4 of my initial investment. Despite big dip, I never sold any Cub coins. As I believe selling at dip price give your permanent loss.
Thanks to farming pair CUB-BUSD, BHB-BHIVE and BHBD-BUSD farming on Cubdefi which is offering decent reward on staking. I earned a decent reward every day. I managed to collect more than 11,000 Cub today. My current holding is 11,300+ Cub.
In order to extract more Cub, I invested my holdings on Cub kingdom. I staked my Cub collection for 12 months as I believe in this project.
Cub is undervalued coin. Multichain bridge and introduction of new burning mechanism helped coin to maintain its worth. The way the burning Cub is increasing on daily basis one can say it has great potential to rise again.
Although my investment profile at this moment is negative but rise in Cub worth may help to transform loss into profit. This is very possible. Time to invest in Cub and collect as many Cub as you can. What is your opinion my friends? This is it for my today post. Wish you all a very happy, healthy and prosperous life ahead. Have a nice time.