Since you have tied yourself to Binance (I can assume that you haven't left it at all these days, I'm more than sure many have lost sleep, appetite, and generally your whole world at this stage revolves around the exchange, especially for those who recently got into it and felt like a crypto maniac))), I would advise you not to sell these two coins completely from your portfolio, leaving yourself 1/4, and if you have few of them, then not to sell at all, as at the time when the market cools down, these coins will continue to help you earn on Binance! That means if you sell them, you won't see a normal price for purchasing these assets for a significant time, and in any case, you’ll have to buy them at a high price! That’s why I decided to warn you against this folly — selling these two coins completely, which I will write about below! So, let's go!
Coin number 1: BNB
I think you all know it well, and I won't go into the details of this coin's characteristics, as the goal of this article is not to describe the coins, but to give you a piece of advice that was once given to me, which I certainly do not regret. I think it will be useful for you too! So, I'll repeat: after the market prices skyrocket for all coins, we will all sell them together (probably to those who just entered crypto, as usually newbies buy at the top and then sit for a whole 4 years waiting to sell at least at the same price or around))) Sorry, that always makes me laugh! But, alas, this lesson must be learned by every self-respecting crypto enthusiast))))
So, having a certain reserve of this coin, you'll also be able to earn on launchpads and launch pools! Besides that, Binance exchange offers a great benefit: pay the commission for any trading on the exchange in BNB with a very low fee, so keep this in mind!
Coin number 2: Cake (PanCakeSwap)
I think I won’t describe it much here either, as there are plenty of articles about this coin on Binance, explaining what it is for and how to use it. If anything, you can always find all the information on their official website! The thing is, with this coin on their site, you can also earn decent dividends while waiting for the next bull run and collecting more crypto wealth to sell quickly later! In short, I won't elaborate too much, I've given you a direction. If you're interested, here's what you'll do: set aside some of these coins in a reserve and quietly gather coins again. By the way, Cake is currently trading very cheaply, but soon it will cost at least $40, so you still have time to buy a dozen or two to earn on your Web3 Binance Chain wallet later. Well, I guess that’s all as usual, I wish you all good crypto vibes, and preferably BTC for everyone)) Stay healthy, live rich!
If anyone wants to add something, write in the comments, it might be useful to someone. Adios, crypto folks!
P.S
If anything, you can always find all the information about any coin in the blockchain on CoinMarketCap. Stay updated on the cryptocurrency market events!
