💭 Experience of participating in liquidity pools on PancakeSwap - it's not that simple

When the first airdrops with IDOs through PancakeSwap started appearing (March, April), I began to study the platform and stumbled upon the possibility of adding liquidity. I decided to give it a try - and I immediately poured all the tokens received from the IDO into the pool, adding BNB equal to the amount of tokens received.

📈 The first attempt was successful - on the very first day, I managed to earn about $50 and exit the pool with a profit. It seemed that the strategy was good and could be used.

📉 But already at the next IDO, the result was different - a loss of $10–30. I thought that perhaps I missed some details. However, at the next IDO, the story repeated itself - another loss of $20–30.

🧠 And only then did I understand the key mechanics:

• If the token rises in price, the pool flows into $BNB, and you can exit with a profit.

• But if the token falls, the assets flow into the token itself, which depreciates, and you end up losing not only on the token but also on your deposit.

It is necessary to study ways to hedge risks.

Conclusion: liquidity pools are not passive income, but active work with risks. There is potential, but many mistakes can be made.