Sep 05, 2022 Finanace
Money is what makes the world go round, and you would be hard pressed to find someone that is not cognizant of this painful fact. The key to living a good life is to ensure that you can eventually gain access to a limitless supply of money, and the only way to do this at this current point in time is to invest it intelligently. Don’t make the mistake of investing in only extremely safe assets though, since this would give you barely any rate of return without a shadow of a doubt.
In order to make it so that you can obtain true wealth appreciation that doesn’t take centuries to take hold, you need to develop at least some appetite for risk. You might have read about some people claiming that Yield nodes is a risky investment, but instead of letting this dissuade you it would be better if you read up on what these risks actually are. The primary risk involved in yield nodes is that of fluctuations in the value of the asset you are being paid in. For example, if you receive payments in Bitcoin but the value of BTC goes from $30k to $20k, your holdings are effectively worth two thirds of what they used to be.
As a result of the fact that this is the case, you need to hedge this relatively risky investment by withdrawing your funds. You can still earn a lot of money this way, but we would suggest that you keep at least half of your funds in crypto form. You don’t want to miss the next rally which can take your holdings into sovereign wealth fund territory quite quickly.