What do you think about CAKE? | Bitcointalksearch.org

jostorres

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Quote from: Joshapat on May 22, 2022, 04:55:02 AM

I think Cake has a good opportunity for us to make a long -term investment, pancakes that are now the second largest dex of course have a strong community, I once held and used cakes for staking but because of security issues on myetherwallet made me lose all cakes and until now I don't want to save or stake in dex again.

Mew is the reason why you lost your cakes. You should blame mew, not the dex or their staking feature. The best thing you can do is to move on to another more secure decentralized wallet. We have trustwallet and metamask. These two are also the most popular wallets right now. Mew seems a bit old so it's normal to expect some issues with them.

I also use mew and up until now my coins are still complete. Maybe you have done something which makes you lose your coin? But I find mew to be hassle. I still prefer trust wallet as its more faster and most important is it supports other chains. Cake coin on the other hand is a good coin either for staking or for long term hodling.

Jose Mourinho

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I think CAKE is one of the best coins to invest in the long term because cake has a very good potential, so it provides a great opportunity to make a profit for you, and I think now is the right time to buy and start investing with CAKE because the price is still very low at this time.

Smack That Ace

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Quote from: markko7 on May 04, 2022, 06:01:30 PM

Do you think it will reach $20 this year?

$20 Target for Cake I don't think it's too hard if bitcoin bounces back and hits $100k ATH, but if you mention this year I think it won't happen. Looking at the current market, it is very likely that the bear season will last until the end of this year or mid-2023 so given the situation we shouldn't expect too much from any coin. Set a target for the next bull season instead of a short-term goal for this year.

SUPERSAIAN

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I think it was very effective that they limited Cake's supply to 750 million pieces. In the long run, cakes will be valuable. I put the cakes I have in the pool with a term of 52 weeks, now I am waiting for the time to pass. I think limited supply and forward apy rates are good developments for cake. It was supposed to be higher than these prices but it is one of the best dexes that will perform well in the next bullish season.

saladin7000

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Quote from: Joshapat on May 22, 2022, 04:55:02 AM

I think Cake has a good opportunity for us to make a long -term investment, pancakes that are now the second largest dex of course have a strong community, I once held and used cakes for staking but because of security issues on myetherwallet made me lose all cakes and until now I don't want to save or stake in dex again.

yes you are right CAKE is one of the coins that has very good potential to be invested, but I think cake is very good for trading and staking considering the movement is very active up and down it provides a great opportunity to give you profit, but we you have to be observant in doing it, otherwise you will experience big losses later, it's different if you invest CAKE in the long term,

2tang

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Quote from: Joshapat on May 22, 2022, 04:55:02 AM

I think Cake has a good opportunity for us to make a long -term investment, pancakes that are now the second largest dex of course have a strong community, I once held and used cakes for staking but because of security issues on myetherwallet made me lose all cakes and until now I don't want to save or stake in dex again.

Cake is good for staking and also trading on a daily basis without having to keep it for too long because in terms of looking for profit it is not always seen how long you keep it, but how smart you are in taking advantage of the opportunities that exist in the market.

Joshapat

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I think Cake has a good opportunity for us to make a long -term investment, pancakes that are now the second largest dex of course have a strong community, I once held and used cakes for staking but because of security issues on myetherwallet made me lose all cakes and until now I don't want to save or stake in dex again.

doomloop

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Quote from: Reatim on May 18, 2022, 04:29:03 AM

Quote from: lombok on May 13, 2022, 09:15:07 AM

For this year where Bitcoin is still in a bearish mood it seems unlikely. CAKE staying in the $4 range is a good thing, where later when BTC and crypto are in bullrun mode, CAKE is even able to reach their latest ATH.

but at least that staying at 4 dollars is one good sign that Cake is still having its bright future not like NFT now in which experiencing a really bad losses.

That is what you should aim at, the 5-10 year period. If a project could be something great in the next 5-10 year then why not invest into it right now? This is why I believe that we should be buying cake right now since it could make us rich in the future. If it could make us rich then it could be something much better.

This is of course nothing that could be guaranteed, then it could be doing something a bit more dangerous and not move at all or could go down. We need to remember that it could be going down and it is unlimited supply and that would be the thing that I am scared the most, the unlimited supply part. That is the dilemma, will it be good or not?

Reatim

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Quote from: lombok on May 13, 2022, 09:15:07 AM

For this year where Bitcoin is still in a bearish mood it seems unlikely. CAKE staying in the $4 range is a good thing, where later when BTC and crypto are in bullrun mode, CAKE is even able to reach their latest ATH.

but at least that staying at 4 dollars is one good sign that Cake is still having its bright future not like NFT now in which experiencing a really bad losses.

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But if there is further development that can bring CAKE better and experience mass adoption maybe $20 is a fair price.

In future why not?

maybe in the next 5-10 years?

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Stay careful in investing and invest with money that you are willing to lose.

be aware of good project and not those shitcoins that will surely bring you losing streak .

arifteguhr

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Quote from: spiker777 on May 17, 2022, 12:08:19 PM

Cake token depend on how much users use pancake swap and stake token. Currently Bsc network Usecase is high so I will say Cake token will again recover soon and we may see price above 10$ very soon
In two years we have not seen best Dex on Bsc network better than Pancakswap and hope it will always remain top and Cake token price will also go high.

Pancakeswap usecase is very useful for bsc network swap exchanges, currently new projects using bsc network are more dominant due to low gas costs so it is very likely that cake coins will be given higher support from the crypto community due to the use of pancakeswap exchanges.

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Quote from: MFahad on May 17, 2022, 08:21:18 PM

Love cake but not happy with the locked one. I have got biswap as well biswap is fixed cap tokens so maybe be better. The interest isn't great though. I don't mind locking it for higher returns but it's so bad at the moment and really messed up with the changes all of a sudden. 20$ is not possible in short term.

That is Annoying i think if the funds are locked while we are not tend for this action , but Indeed that Cake is also a good potentially project and we can see more uptrend from this team in the future.

but 20$ seems to be High to expect this soon , maybe there will come like this but in the coming years , not ASAP.

Quote from: spiker777 on May 17, 2022, 12:08:19 PM

Cake token depend on how much users use pancake swap and stake token. Currently Bsc network Usecase is high so I will say Cake token will again recover soon and we may see price above 10$ very soon
In two years we have not seen best Dex on Bsc network better than Pancakswap and hope it will always remain top and Cake token price will also go high.

but the trend of Swapping is still on so there might be? who knows ..

MFahad

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Love cake but not happy with the locked one. I have got biswap as well biswap is fixed cap tokens so maybe be better. The interest isn't great though. I don't mind locking it for higher returns but it's so bad at the moment and really messed up with the changes all of a sudden. 20$ is not possible in short term.

spiker777

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Cake token depend on how much users use pancake swap and stake token. Currently Bsc network Usecase is high so I will say Cake token will again recover soon and we may see price above 10$ very soon
In two years we have not seen best Dex on Bsc network better than Pancakswap and hope it will always remain top and Cake token price will also go high.

whiteblue

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Quote from: Bonenx14 on May 17, 2022, 09:59:33 AM

I also believe the price of cake will increase in the future because it has been a long time since the token has not received big news even though many people have taken advantage of the use of pancakswap exchanges, I believe the cake coin will grow higher like the increase in IDEX that is currently rising.

However, if investors are holding on to it when they will benefit from staking on binance, because cake coin staking is very high APY compared to other altcoins to wait for a bullish moment before reaching ATH, so there is always an option to hold the cake coin in the long term.

Bonenx14

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Quote from: Super Protocol on May 17, 2022, 09:07:20 AM

In the future the price of cake will grow to incredible heights, because a lot of big players have invested in cake, so we just need to wait for the next cryptocurrency market pump and then cake will start grow again very fast.

I also believe the price of cake will increase in the future because it has been a long time since the token has not received big news even though many people have taken advantage of the use of pancakswap exchanges, I believe the cake coin will grow higher like the increase in IDEX that is currently rising.

Super Protocol

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Quote from: Chato1977 on May 13, 2022, 05:35:31 AM

staying at 4$ now even the market dumped more than 10-40% and this is something very bad for a recovering market this quarter. but of course we will see another dump and pump in the coming days.

Quote from: Cryptoababe on May 10, 2022, 01:48:50 AM

Cake can reach any price as every crypto assets are speculative assets like Bitcoin. The price cant be predicted perfectly but with more development on CAKE platform, The coin can reach any price at any time. Moreover, its currently in a correction mode so the next thing should be pump.

it takes time mate ,everything comes to time but not in what we expect instead in mostly we are not paying attention .

In the future the price of cake will grow to incredible heights, because a lot of big players have invested in cake, so we just need to wait for the next cryptocurrency market pump and then cake will start grow again very fast.

btc78

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Quote from: tygeade on May 09, 2022, 02:01:18 AM

Quote from: southerngentuk on May 07, 2022, 04:10:00 AM

I'm still fairly bullish on some of the altcoins in this market but perhaps what I'm witnessing is a flurry of information and trend navigation that leaves many still unable to envision a future. good or bad future.
But honestly, this is also one of the coins that brought me big profits in 2021, so no matter how it turns out, I am very grateful for it. But 2022 probably no longer has too many good thoughts about this market, and everything needs to be carefully calculated. The goal of $20 is basically not too difficult to happen, but it balances the benefits between risks and profits, I think it's safer for me to sit and observe it.

It did made me a good amount of profit as well, I bought a good chunk of it for under $2 at some point, staked it, made a good return, and sold nearly half of all I owned just to get some other coins and spread my portfolio to a more diversified version.

if we are not sure about the coins we are entering then best to do the same , buy a chunk and stake for some good return ..

and wait for a pump then sell to convert to other currency in which more profitable and secure.

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Most of the coins that I bought with my Cake profits didn't provided the same level of profit at all, and it was a sad situation. In the end, Cake gets 100% trust from me and I will not leave it aside. When you face a coin that looks to be a thing that can go on for 10+ years, that matters a lot, most projects look like they will pump but eventually go down more and more and eventually be gone, whereas Cake looks like it will be here for 10+ years.

it will be here but the problem is would it be as good as it is now? or will be like other shitcoins that now dropping their value and support badly?

this is question that must take place if we wanted to really earn something .

kotajikikox

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Quote from: fullhdpixel on May 07, 2022, 07:09:37 AM

Quote from: kotajikikox on May 06, 2022, 04:18:46 AM

Quote from: markko7 on May 04, 2022, 06:01:30 PM

Do you think it will reach $20 this year?

Why not?CAKE showed good performance last year and reached a revolutionary ATH , but there is also a negative side now as the market seemingly to have a Bearish trend for the next following months.
or maybe extend to another year , as the Mighty bitcoin will be the main to fall and will followed by altcoins.
if you have cake on your wallet then decide if you will Hold for long term ? or you will sell before the crash again.

I think that was normal because btc have also pumped last year as well as other cryptos. A bear market cant be called as a negative side of the coin but a negative side means if the coin has some issues or disadvantages over the other cryptos. No one is exempted in the bear market and even the best coins will also experience a decline once it occurs but there's no need to worry as good coins will always remain good no matter what is the status of the market.

Of course instead there are many cryptonians i knew that take this dumping as favorable and opportunity more than losing , because if the market climbed they sell, but when dumping ? they buy.

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We don't know if how long this bear will last because we have been in this situation for a long time so many are expecting that is ending soon but for some, they think it will continue since the market seems to love it.

even if this take at least 2 years from now? because Halving will come in 2024 and the effect will be at 2025 and with those times? expect the total recovery and never lose faith .

$anounimus$

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It's hard to predict the future I think CAKE will hit $20 at some point this year and the development team behind CAKE is also enthusiastic about these projects. and that it's worth reckoning with, of course, need process too. I think so far CAKE is in great demand by the public and attracts quite a number of users so it's time to make it feasible for them.

JollyGood

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Quote from: Republikcoin.com on May 14, 2022, 06:01:47 AM

Quote from: ItsCrafty on May 13, 2022, 07:19:01 PM

You bought at very high price.i entered this coin when it was 2$ and made good profit. I sold at 7$ and then never bought again. If again Decentralization trend start then I believe that Cake token will be boom again above 10$. All crypto market is now in bear trend but hope when bull start Cake token will also recover fast.

Cake will recover slowly and not quickly if the Bullish market can come again this year because in general Cake is a token that already has the trust of investors and also from traders so it is likely to recover during a bullish trend if it can come again this year, considering that the market is still in a bearish trend that is still ongoing and has not yet been completed.

Topic: What do you think about CAKE? (Read 581 times)