Topic: Pancakeswap pools or farm?? - page 2. (Read 313 times)
Suppose, I have 5K usd for investment. Then, I invest pancakeswap or crypto-currencies almost 2k/2.5k and rest of my money, I invest farm or other business. I see, the price of pancakeswap is 16$/17$ per token. When, I bought pancakeswap, the price was 29$ per token. I can buy also more 20/30 cake, because the price of cake is very low to buy for me.
Be careful while investing in any pools. Last month I just lost 1500 dollars in investing in pools. My investment was in cake and its price went down. All thanks to Elon Musk. If BTC down then everything will be down. So invest what you can afford to loose.
that's what happened. pool is very influential on market conditions. it would be better to start when the market is in a deep correction. it makes the price very cheap and we can buy it to start a pool. but when we are in a good market the risk of a correction to the value of our assets is very high.I'm sure more people will like pool at pancakes. but all require careful consideration and planning.
Pancakeswap is much better than farming and always will be.
It is possible that you will earn more on the farm, but the risk is much greater. At Pancakeswap, you deposit your coins directly, and the farm is completely outside wallet, so your coins are in someone else's hands.
It is possible that you will earn more on the farm, but the risk is much greater. At Pancakeswap, you deposit your coins directly, and the farm is completely outside wallet, so your coins are in someone else's hands.
not sure what you mean by that, since coins are not outside your wallet, or to put it that way, you have your stake in your wallet, since you do not have your coins when you put them in the pool either, you get part of the liquidity pool token for your token pairs
everything brings risk, pancakeswap brings risk as well, and what is the question here is the reward enough for your to take that risk? and that question each person has to answer for, cannot be answered by other people
Pancakeswap is much better than farming and always will be.
It is possible that you will earn more on the farm, but the risk is much greater. At Pancakeswap, you deposit your coins directly, and the farm is completely outside wallet, so your coins are in someone else's hands.
It is possible that you will earn more on the farm, but the risk is much greater. At Pancakeswap, you deposit your coins directly, and the farm is completely outside wallet, so your coins are in someone else's hands.
Every pool on BSC has its own risks, I have made a lot of money on it but also lost a lot when encountering scam projects, so when participating in it, do your research carefully before deciding to invest .
Be careful while investing in any pools. Last month I just lost 1500 dollars in investing in pools. My investment was in cake and its price went down. All thanks to Elon Musk. If BTC down then everything will be down. So invest what you can afford to loose.
Pancakeswap pools is better than farming, and less risky. Farming means you are providing liquidity and it has loss risk while Staking means you just buy and stake them in the syrup pools and has no risk. Only price movement here is concern, however I do stake on pools and it's risk free.
Right, and now it all depends on each individual's personal choice, whether we will choose a job that makes us have to accept the risk, if yes, then we must consider the risk, and vice versa, and I personally still like Staking because the risk is not Yes, although purchases are limited.
I've been trying both but the farms are much more profitable than pools even when using the most popular pairs. The rewards are in cake and the price is a bit volatile but every of my farm investment have outshined pools whether you compare in in USD value or BNB. It's still a wonder for me how they be able to provide such huge returns. You should be cautious and not put all your money on the same platform.
Pancakeswap pools is better than farming, and less risky. Farming means you are providing liquidity and it has loss risk while Staking means you just buy and stake them in the syrup pools and has no risk. Only price movement here is concern, however I do stake on pools and it's risk free.
You are talking about single staking pools as I understand. APRs or APYs are usually higher on farm but it has more risks including impermanent loss. I don't know about other pools since you need to check the other tokens to be earned but the returns on CAKE auto-compounding looks great if you ask me.
PancakeBunny was good until the flash loan attack.
PancakeBunny was good until the flash loan attack.
Hi guys,
Do you think pancakswap pool is better than farm because it provides lower risk and high compounding? What do you guys recommend?
So far I've only used the pancakeswap exchange to quickly exchange BSC tokens, the rest I've never used it for anything other than that, if you really think it's very suitable and better than farming, then please give it a try. Do you think pancakswap pool is better than farm because it provides lower risk and high compounding? What do you guys recommend?
Do you think pancakswap pool is better than farm because it provides lower risk and high compounding? What do you guys recommend?
Obviously, pools are great and not that much volatile as compare to farms because provided liquidity tokens will be changed according to the price volatilities. But farms will be profitable if anyone try auto-compounding platforms rather than pancakeswap farms. So DYOR before participating into any auto-compounding platforms as many BSC projects went through flash loan attacks.
Hi guys,
Do you think pancakswap pool is better than farm because it provides lower risk and high compounding? What do you guys recommend?
Do you think pancakswap pool is better than farm because it provides lower risk and high compounding? What do you guys recommend?
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