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Review on Midas.Investments by Wes Crockett

Revainrating 5 out of 5

There is no better entry point to DeFi.

Midas.Investments is the, absolute, best entry in to DeFi investments. The two types of people who need to consider it are:

  1. Those who want to enter in to the DeFi space but are not investing a huge amount of capital at once and wish to continue to invest over time.
  2. Those who are familiar with the DeFi space, want to earn higher APY, but don't want to do the sheer amount of work that is required to fully invest in the DeFi realm.

Personally, I fall in category 1. I love that I am able to buy in weekly. Though I pay fees, it is far FAR less than if I were performing the DeFi investing myself. The gas fees alone would kill any profit making potential I have given the amount that I am investing.



Over time, I plan to make this a third source of retirement investing to compliment my 401k and Traditional IRA that I contribute to.



To get the most out of Midas.Investments:

  1. Consider the YAP programs. These are like ETF's that auto-rebalance.
  2. Enable Boost. This routes all interest to the Midas token but adds, up to, an additional 5% APY to your earnings. You can then Swap it to your preferred asset later.
  3. Invest consistently. Over time investing is the proven method for financial success.
  4. Join and participate in the Discord. So much great information is given there. The management team are, about, as transparent with information as they can be and they are quite active in the discussions.
  5. Diversify. I don't even think the management team would recommend being 100% in on one platform.



Pros
  • Best earnings potential compared to other custodial platforms
  • Easy to use
  • Great community behind the platform
Cons
  • Better asset tracking/graphs would be great for the YAP assets.

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