Yield gives up to 7.5% interest on your bitcoins

One of the top investment tips shared on Dalal Street is simple: “Trying to time the market is wrong! Instead, taking a long-term approach to preserving and growing one’s wealth tends to pay off over the years!”


Think now for a moment. What if you had invested INR 1,000 in 2018 but sold it right after your portfolio collapsed by -72.6%? This could have been a huge mistake given the fact that Bitcoin has outperformed almost every other traditional asset class over the years.

It’s the time you spend in the market, not the timing of the market

Investing is a long-term game and the smartest thing to do often is to do nothing at all, especially during a bear market. This is where passive income can play a pivotal role in helping you grow your wealth, while also protecting your assets when the markets are down.

● Investing in bear markets can be stressful, but it can be a great time to start accumulating your cryptocurrency.
● It is important to stick to a disciplined investing approach and continue to earn passive income even during bear markets.
● The dollar cost averaging strategy can help avoid the common mistake of trying to determine market entry points.
● Securing assets can also help avoid emotional selling and maintain long-term focus.
● Customers of the Yield App can earn up to 7.5% annual interest on Bitcoin and Ethereum
● In addition, investors can earn up to 13% on stablecoins – USDC, USDT, DAI and TUSD – and this interest is paid on a daily basis!

stablecoins

Tether (USDT), for example, issued over $60 billion worth of USDT in 2021-22 alone. The adoption of stablecoins has soared among crypto enthusiasts and Generation Z.

Being pegged to the dollar, stablecoins do not have the same volatility as Bitcoin and can help stabilize a wallet in a bear market. Yield app is one of the platforms where clients can earn returns on unstable currency assets. Stable coin yields can help ensure that the depreciation of the INR against the US dollar does not affect the overall gains. Indian investors can benefit from an additional 2-3% each year on devaluation alone!

management risk

It is difficult to exclude human emotions from decisions that carry the risk of financial loss. People often panic and sell assets at the most inopportune time i.e. during bear markets, when selling means crystallizing a loss. However, crypto investors on Yield can enjoy passive income on a range of digital assets, even when the markets are down. And if you ask Yield customers in India, they will be happy to earn their bitcoins especially during a bear market!

Ashish, a Delhi client, reported that he started adding a few thousand USDT in early 2021. “I slowly started growing my Yield app investment and now I am earning over INR 740 cryptocurrency per day!” , says Ashish. The platform allows him to earn 13% interest on his USDT and additional interest on his YLD tokens!

Returning app membership levels

Yield allows its members to participate in their YLD token and earn extra income! To earn the highest returns, customers must be a Diamond member, which means they have bet or closed at least 20,000 YLD on the Yield app platform. But don’t get discouraged, you can start your investment planning from $100 USD!

Long term focus

In the world of digital assets, it is very common to find opportunities to close your assets for passive income. Like, Yield app offered the option to lock your YLD tokens for 12 months for higher rewards. You can earn up to 12% annual interest on locked YLD tokens by being a Silver tier member or above.

bottom line
Investing during bear markets can be stressful and mistakes are easy to make. Having a strategy on hand, such as a dollar cost averaging strategy or the ability to lock in your assets for passive income over a period of time, can significantly reduce the chance of making mistakes and thus reduce the value of your wealth.

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