💰 I STARTED AN EXPERIMENT ON BINANCE.
I have a small amount of crypto and decided to try Binance Earn.
The idea is simple:
Instead of leaving the assets idle, to see if it makes sense to generate returns with them.
But I found something interesting:
One asset offered me approximately 13% APR.
USDC offered approximately 8%.
At first glance, I thought:
“13%, obviously”.
Then I realized I was comparing different things.
The first one could vary a lot in price.
USDC aims to keep its value around $1.
So I ended up wondering:
🤔 Do I want more tokens?
o
🤔 Do I want to better preserve the value in dollars?
Sometimes investing isn’t choosing the biggest number.
It’s understanding WHAT you’re buying.
What would you have chosen?
$USDC $BTC
#Binance #Crypto #BinanceEarn #USDC
I have a small amount of crypto and decided to try Binance Earn.
The idea is simple:
Instead of leaving the assets idle, to see if it makes sense to generate returns with them.
But I found something interesting:
One asset offered me approximately 13% APR.
USDC offered approximately 8%.
At first glance, I thought:
“13%, obviously”.
Then I realized I was comparing different things.
The first one could vary a lot in price.
USDC aims to keep its value around $1.
So I ended up wondering:
🤔 Do I want more tokens?
o
🤔 Do I want to better preserve the value in dollars?
Sometimes investing isn’t choosing the biggest number.
It’s understanding WHAT you’re buying.
What would you have chosen?
$USDC $BTC
#Binance #Crypto #BinanceEarn #USDC