Crypto_Savant
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#MyFirstFeedPost many people have been posting about possibly losing money on #aveo price pool.
The rational primarily center around #BNB losing value during the staking period.
Well here’s a contrarian opinion based on empirical evidence. I was involved in the previous #BinancePoolLaunch with #portal
I bought BNB to stake at around $390. Binance pioneered this much copied concept to raise their floor price. Guess what, there’s a steady rise in BNB during the entire staking cycle with slight drop off the last day when some people I staked and sold off BNB for the profit on arbitrage.
It ended around $430. I held on. Topped up even more for the AVEO pool. It’s around $520 for a BNB today. There might be a small drop off today being the last day. I may sell 20~25% of my staked BNB to realize small profit while holding on to the rest. DYOR of course but this sharing is based on my personal journey
The rational primarily center around #BNB losing value during the staking period.
Well here’s a contrarian opinion based on empirical evidence. I was involved in the previous #BinancePoolLaunch with #portal
I bought BNB to stake at around $390. Binance pioneered this much copied concept to raise their floor price. Guess what, there’s a steady rise in BNB during the entire staking cycle with slight drop off the last day when some people I staked and sold off BNB for the profit on arbitrage.
It ended around $430. I held on. Topped up even more for the AVEO pool. It’s around $520 for a BNB today. There might be a small drop off today being the last day. I may sell 20~25% of my staked BNB to realize small profit while holding on to the rest. DYOR of course but this sharing is based on my personal journey
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