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Gnox (GNOX) continues to attract new investors from top crypto projects Ethereum (ETH), Cronos (CRO) and Polygon (MATIC).

The top altcoins broke price resistance barriers left and right for the past week. If you are a savvy crypto trader, good for you. You are probably taking a deadly sip of trading. However, 99% of those who try swing trading end up losing money. A better strategy is to make money doing what you do best and invest in high-conviction assets for the long term.

So is it time to do with all other altcoins? Even now, depending on which asset you pick, you may or may not make profits. While Polygon (MATIC) has nearly tripled in price, Cronos (CRO) is only up about a third. Meanwhile, Ethereum (ETH) has been somewhere in the middle with 80% gains recently. Previously, millions of crypto investors were burned by falling prices as these assets fell to around 90% of their all-time highs.

So even if you’re ready to jump into the crypto market, it’s just not a good idea to pin your hopes on any asset. It is much safer to diversify your investment. Ah, but that can take a lot of time. So what’s the best way to approach the market?

Gnox Token: “Yield Farming as a Service”

What if you could just buy one token that gave you access to a diversified selection of top cryptocurrencies, all of which generate passive income? You can. It’s called the Gnox Token (GNOX).

By simply buying and holding GNOX, long-term investors can drastically reduce their risk while earning passive income from their investment. They call it “yield farming as a service”.

Yield farming is the process of identifying and investing in strong cryptocurrencies, and then capturing them for passive income opportunities on DeFi platforms (like those based on Ethereum, Cosmos, and Polygon). Honestly, it’s a lot of work that most people just don’t have the time for.

At GNOX, all of this work is done for you by an experienced team of DeFi analysts. The Gnox platform aggregates passive income opportunity data from a variety of platforms and blockchains. The experts then present the options in a report to GNOX holders, who can vote on which options are worth investing in – if they want to.

To build a treasury, Gnox borrows a strategy from NFTs. The treasury is funded by a 10% royalty on all aftermarket sales of GNOX tokens. This means that the amount of money going into the treasury is constantly growing and thus generating more and more passive income.

The profits from yield farming activities are used to buy back GNOX tokens from exchanges and permanently phase them out. These buybacks immediately increase the price of the token once a month. This also means that the token supply will decrease forever.

Also, a 10% share of the 10% royalties will be sent back to all GNOX owners every hour. This means you can sit back and watch your stack grow throughout the day.

GNOX is currently in ICO mode, with the final phase of the pre-sale ending on August 12th. Those who jump in before the token hits the open market could see a very nice increase in the value of their stack as any unsold tokens are burned before launch. New tokens are never minted.

You really can’t make long-term crypto investing any easier. And with an ever-declining supply and ever-expanding stacks, GNOX could very well be the first DeFi token to see mass adoption. You can learn more and join the presale on the Gnox.io website.

Learn more about Gnox:

Join the presale: https://presale.gnox.io/register
Website: https://gnox.io
Telegram: https://t.me/gnoxfinancial
Discord: https://discord.com/invite/mnWbweQRJB
Twitter: https://twitter.com/gnox_io
Instagram: https://www.instagram.com/gnox.io/

Disclaimer: This is a paid version. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of any information available in such content. Do your research and invest at your own risk.

Learn Crypto Trading, Yield Farms, Income strategies and more at CrytoAnswers
https://nov.link/cryptoanswers

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