69 Finance Monthly. Inve s tmen t farming product the exchange offers, it also recently floated an ‘Investment management product’, powered by a new controlled token ecosystem, which helps maximise yield farming rewards. The Investment management product combines three investment products into one including staking, yield farming, and quantitative trading. These other aspects of the fund allocation strategies help cushion the many inconsistencies and the unsustainability that is being attributed to yield farming, thus making it a safer bet. Plus, investors should be cautious while choosing yield farming pools. Invest only in established projects with a growing ecosystem and community. Following the Bitrue case, they are adding new yield farming pools featuring Algorand (ALGO), Polkadot (DOT), and Fantom (FTM), which proved to be reliable projects. Last but not least, you should never perceive any piece of advice you find on the internet as an investing strategy. In other words, all investment decisions should be your own. Always do your homework and never invest more than you can afford to lose. Is Yield Farming Advised? Investing in the cryptocurrency ecosystem takes a lot of guts, and investors need to approach the ventures based on how well they can take risks in general. Whether yield farming is advised or not, it is a function of the investor’s goals, capital base, technical knowledge, and risk appetite. Should all this be intact, deciding to delve into yield farming will thus be coming from the standpoint of knowledge and proper awareness of all the market can bring. “Investing in the cryptocurrency ecosystem takes a lot of guts, and investors need to approach the ventures based on how well they can take risks in general.”
RkJQdWJsaXNoZXIy Mjk3Mzkz