Don't you dare take the Risk investing in pHBD-USDC liquidity pool

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I've always contemplated what it'll feel like to take Risks, the urge to do something that at the end might change your life for good or set it in ruins. It's just a gamble, you win or you lose but then they're situations that even when you take such risks, they're always backups to prevent any extra loss.

That's why in forex there's always room to set your stop loss at a certain level to minimize the risk or put you in a safe position. A lot of people actually like being in a safe position, I must say I'm one of those people. Throughout my life I think I can calculate the amount of times I've taken risks.

I really don't like taking risks, I guess playing football is one of the few risks I've taken in my life. If you're a Nigerian or an African playing football is a big risk because there's every likelihood of breaking your leg at one point or getting unsophisticated injuries, yeah it's that much of a risk. But we still take that risk on a daily and still enjoy the game no matter what happens or will happen.

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Should you take financial risks?

The answer for me is a big NO. I don't and would never ever advise anyone to put in all their money into something they're not sure of and at the end lose everything they have. Today I read through my feed and kept on seeing posts about how everything in this life is a risk, the air we breathe, the changes that occur in this world, Elon Musk owning twitter and even living in Russia.

But then as much as we're all living risky lives should we also be nonchalant about our investment?, Of course not. I know they're stories of a lot of people who invested a lot in shit coins and still got that doubled, surely that risk payed off but what they'll not tell you is that they had a backup just in case that investment backfired or they had tons of investments here and there.

For those of us who have little to nothing as backup, it's advisable to DYOR, so you'll be very sure of what you're putting your money into. When you're pretty sure that the project is good enough, then you're good to risk as much as you want.

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Is it risky to invest in pHBD-USDC liquidity pool?

Well like I said before, everything is a risk but then when it comes to investment you should take calculated risk. The best bet is to take time to get acquainted with how the whole project works, there's no hurry, there's no need to follow the crowd because the crowd would all leave you when it comes firing back at you.

For me, I'm still reading a lot about pHBD, I've covered some articles and I'm still digesting everything in. Before last week I knew pretty much nothing about farming and liquidity pools so I asked for help from the Leofinance community, they've really been great in helping me understand everything about liquidity, farming and much more.

So far so good, the pHBD is a pretty great idea and it is actually a way to help HBD grow and become more stable. Before the pHBD- USDC liquidity pool, HBD was pretty much scarce outside the blockchain and it was hard to get big whales to put in their money into it. But with the help of pHBD-USDC liquidity pool, HBD would be easy to purchase and invest in, it's pretty much easier because you can now get it on sushiswap with Matic. It's a gradual process and we're all looking to add to the liquidity pool.

With time we'll be able to stabilize HBD as a stable coin and get it listed on big platforms and draw more people to hive. I don't see why that wouldn't work if we all put out efforts together with the Leo team and make this work. If you have enough to invest in, you can join the pHBD liquidity pool and relax, but then this is no financial advice, you'll have to DYOR. There's still time to join in on the fun, it's not too late.

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Some really informative articles you should check out to help you understand how pHBD works, do well to digest them slowly

comparing hbd and phbd which to support by @taskmaster4450

why phbd is vital for the mass adoption of the hive ecosystem or tell a friend win $100hbd by @leofinance

HBD-USDC liquidity pool is a big deal but by @lordbutterfly

Why I'm stacking my HBDs in the pHBD-USDC pool by @revisesociology

Another pHBD post by @edicted

Reasons to farm pHBD-USDC instead of native HBD by Edited

5-reasons-why-you-should-invest-in-phbd-usdc-pool-on-polycub by @finguru.

Want to know how to go about wrapping your HBD to pHBD?, Follow this guides:

How to wrap hbd to pHBD by @khaleelkazi

How to add hbd to the PolyCUB liquidity pool short tutorial by @ph1102

@l337m45732 how-to-bridge-and-farm-phbd-usdc-at-77-apy-on-polycub

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_{Thank you for reading this, if you enjoyed it or it connected to you in a way, I invite you to drop a comment I'll be glad to reply❤️}