How People Actually Make Money From Cryptocurrencies

For example, if an ETH-SOL pool had far too much Ethereum, the market maker may increase the potential rewards for those who deposit SOL into the pool. The goal of yield farming is to find earning opportunities with the greatest potential and follow them around different DeFi protocols to make the most money. The only downside with this method is that it requires expert knowledge https://www.tokenexus.com/how-to-invest-in-ethereum/ of what DeFi is, and specifically, an understanding of how AMMs work. The philosophy of this method is simple – identify longer-term trends in an asset’s price and buy/sell appropriately. This can be achieved by using crypto trading tools and combining indicators like the […]