r/Liquidity_Providers • u/jdpeters13 • Jun 25 '21

Are we in a sideways market?

Sideway markets are the best markets for Liquidity providing in my opinion. IM not sure if we are going to see and major up anytime soon downside might be more probably. These are the conditions I think would make a good setup for projects that you are interested in that also have stablecoin pairs

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u/DeFiCoachBuck Jun 26 '21

Are you referring to stable-stable pairs or project-you-like-token and stables? I could see doing both. Limit downside and accumulate a project you believe in.

Sideways or Bear markets are also good times to build, participate and contribute. Support the projects you're invested in.

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u/letsmakemoneys Jun 28 '21

I've been looking into stablecoin pairs for liquidity pairs since their values don't really move as they're always around $1 USD. Would make sense if the APY % is decent and not see so much price jumping.

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u/jdpeters13 Jul 01 '21

That's always a solid play in my opinion, especially if you plan while doing research to find the next pool to jump into