Yeah I am in several pools. They do help a little, but there are so many worthless tokens being given for the rewards. Nominally holding value of a cent or two but unsellable because of no liquidity.
Understandably, and mostly because we compare "prices" with the currency we are most comfortable playing with (and usually that's dollars). But I often detach from that, to stay focused on other strategies/properties of how tokens and crypto in general works.
What I am trying to say here, is that, sometimes there's stuff that is not very obvious because the liquidity of the pool is being hidden with the market price (because prices are index to the market prices). And I have come up with situations where the pool price is the more accurate reality (and eventually the market will follow).
Yeah I am in several pools. They do help a little, but there are so many worthless tokens being given for the rewards. Nominally holding value of a cent or two but unsellable because of no liquidity.
Understandably, and mostly because we compare "prices" with the currency we are most comfortable playing with (and usually that's dollars). But I often detach from that, to stay focused on other strategies/properties of how tokens and crypto in general works.
What I am trying to say here, is that, sometimes there's stuff that is not very obvious because the liquidity of the pool is being hidden with the market price (because prices are index to the market prices). And I have come up with situations where the pool price is the more accurate reality (and eventually the market will follow).