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How to invest during a market recession? Start getting stable profit with Curve!

The DeFi market is well-known for its high volatility and associated risks. However, it’s still a surprise and often a tragedy to modern traders when the price of their favorite cryptocurrencies drops and the whole market starts going down.

So what can we do during such challenging times of recession? Hold? Sell? Buy more assets? Today, we’ll share a way to stay on top of your game even at such a difficult time, so read on.

Current DeFi market state

At the moment, the DeFi market might seem to slowly recover from the dramatic fall we’ve experienced recently. Most cryptocurrencies are gaining momentum gradually, showing an upward trend within the last couple of days.

However, the overall tendency is still pretty disturbing. If you take a look at the price charts, you’ll see a massive decline within the whole DeFi market. Only a few lucky altcoins showed an upward trend, while the rest of the market remained in recession.

Data from CoinMarketCap as of January 26, 2022

The real question on everyone’s mind at this point is how much longer the recession will last. Will the crypto market hit rock bottom, or vice versa, rise from the ashes?

According to many experts, the DeFi industry will continue developing and flourishing in 2022. Most specialists agree on the fact that it will gradually expand its influence and eventually reach mass adoption, providing people with financial services worldwide. Should we expect this to happen in 2022? Most probably, not. But with proper care and contribution from DeFi protocols, the industry will rise soon.

Yet, there is one more issue — how can you keep investing in DeFi at times of recession when you get very little or even no profit at all? How can you make a profit when everyone else is losing it? The answer lies in stablecoins, and we’ll show you why.

How to invest in current conditions

To invest in crypto assets and profit even during a market decline, experienced traders choose stablecoins — digital currencies pegged to a “stable” reserve asset such as the US dollar or gold. Due to their nature, stablecoins show almost no volatility and manage to retain the price at the same level.

Some of the most popular stablecoins that you must have heard of are USDT, USDC, DAI.

So how do you gain profit on these assets if their price doesn’t change? Of course, if you rely on day trading and want to benefit from the price fluctuations, stablecoins will be of no use. Yet, there are many tools and platforms that can help you receive stable income with these crypto assets. And DeHive is one of them.

DeHive stable instruments

DeHive is a DeFi asset management platform that provides yield-generating crypto indexes and automatic compounding staking pools. We’ve created several instruments that help users maximize their profit with minimum effort, and one of them is based on stablecoins.

Earlier, we released the Curve Impulse — an innovative tool that enables automatic compound interest on several stablecoins on the Curve DEX. It allows our users to receive stable passive income on several crypto assets, including DAI, USDC, USDT, wBTC, WETH.

Now, we are preparing another stable DeFi instrument that will help you optimize your returns. This is Stable Curve 3-pool, which we’ll release for Polygon and Gnosis (former xDai) chains.

Stable Curve 3-pool for Polygon supports DAI, USDC, and USDT tokens.

Stable Curve 3-pool for Gnosis (former xDai) supports wxDAI, USDC, and USDT tokens.

Similar to the existing Curve Impulse, the Stable Curve 3-pool will allow you to get automatic compound interest on staking your stablecoins. The whole process lies within the DeHive platform and takes you just one button to start. And no need to day trade or analyze dozens of DeFi projects for your next investment — receive stable passive income even during the market recession.

DeHive dApp, auto componding, stablecoins, Curve

The final word

DeFi market fluctuations can be devastating and discouraging if you invest in highly volatile crypto assets. However, there is always a way to receive stable profit with stablecoins on multiple chains.

DeHive stable instruments allow you to benefit from the DeFi industry at all times, even during a recession. Join DeHive stable pools and get automatic compound interest on staking your stablecoins — all with just one button!

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Team DeHive

Team DeHive

An experienced team of blockchain enthusiasts behind the growth and development of DeHive DeFi protocol