Cub and Polycub have a big role to play in my future

in #hive-1679222 years ago

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I've not really been focused on Cub and Polycub for a while now because there's really not much for me to do on those platforms. I have my tokens staked in farms and they're earning Polycub and Cub tokens in their respective platforms.

I haven't really been looking in that direction beyond the odd site visit to make sure my farms are still minting tokens. However, I'm still long-term bullish about them and I'm still hoping the price starts to go up as I have a lot riding on them.

With each passing day, we get closer to our relocation and it'll be really awesome if we could raise some funds through the farms that will make our settling in process easier.

At the current rate of Cub and Polycub, there's really not much I can do with the tokens in my possession. This is particularly the case with Polycub since most of the tokens in my possession are locked up in the VexPolycub vault.

Most of my liquidatable assets are locked up in Cubfinance and PancakeSwap. I don't see a scenario where I pull out everything from the farms but I will be dipping into every single wallet to fund our movement.

At the time of writing, I'm farming in the Cub/BUSD farm and that has been printing a lot of Cub tokens for me. However, at the current market price of Cub tokens, selling my profit doesn't seem like a wise decision.

The best case scenario is that a bull run will come around and a mighty BNB pump will be beneficial to the price of Cub. Nobody knows when the bull will come around, so I'll just be waiting and hoping for the unexpected bull to come into town before I sell the cub in my wallet.

You can stake your cake and have it

Another asset that I have been stacking for a while and also have a lot riding on is Cake of Pancake. I have been patiently accumulating this token while waiting for the bull run to come around.

For an asset that has an all-time high of around $43, $3 per token is quite cheap. Now, there's no assurance that it will reach its previous peak but if the next bull run is as face melting as speculated, then we should be expecting Cake to be somewhere in the ATH vicinity.

This means that no matter how many Cake you have, you probably don't have enough. This is also the same situation with BNB and many other solid assets that are bound for a huge pump in the coming months/years.

I'm putting all my eggs in the crypto basket and it's not like I have a choice either. Investing in any Naira-based entity is ten times riskier than crypto, so I might as well stick with what I know.

I hope things work out on this end, so I won't have to overly rely on my Hive assets to fund all our activities. Living off crypto is risky but if everything works out, we will not have to rely on crypto for much longer and when that time comes, I will stack these coins to the ceiling. Until then, I keep grinding and hope the wheels don't fall off.

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I got out of that sort of stuff myself as I started to notice a trend. New tokens come out, get pumped a bit, then they tank. Then new tokens come out and do the same. Then it all repeats over and over again. The yield isn't real.

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