This Method Decreases Crypto Investing Risk by Up To 95%

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One question that often comes up from people who want big returns is of course the question of risk. Like it or not the best return on your money in this day and age is in crypto.
And by this I don’t mean Bitcoin. You can buy a stable coin and earn yield on it, sometimes you can make as much as 20% or 30%.

Of course, such returns don’t come risk free, and today we’ll be talking about mitigating those risks.

If you take your money in a bank in the EU, you’re typically covered for up to 100 000 euros as deposit insurance. Not a huge amount of money - so if you had a million in that bank, you would lose 900 000 if the bank goes down.
What if you could insure yourself for a higher amount? Guess what, it’s possible in crypto!

There are two biggest insurance providers, one is called Nexus Mutual and the other one is Insurace.

This is extremely appealing, because you can count on high yields without the potential downside. This way you can insure way more money than you could in the traditional banking.

One very popular protocol is called Anchor protocol, and they pay 20% fixed return on your UST - which is quite high. But what if UST goes down?
If the market drops massively will UST maintain it’s peg? Well the answer is that you don’t have to worry about that as much, because you can purchase crypto insurance and be safe even in worse case scenario.

Insurance can cover many potential downsides, they can also protect your Binance account.

We’re not advising you to go this investment route, and to get crypto insurance. It’s up to you to decide what are you going to do about your investments. However, we think that crypto insurance is quite an interesting concept, that helps mitigate many risks that come with investing in crypto.
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