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Topic: Why pancake performance is so terrible? - page 3. (Read 530 times)

hero member
Activity: 2366
Merit: 504
February 01, 2022, 08:48:41 AM
#21
I don't like the tokenomic from this token. This token didn't look good at all and it's over valued. You were so crazy by buying it at the high price. Yes it has unlimited supply and burn mechanism but again token getting minted from the contract is even higher compared with the regular burn that already done . This is creating the same ecosystem like SLP but the only good thing inflation was not so crazy like SLP.
You can't expect a token with unlimited supply like this to have good performance like another swap token which has limited supply. It will be going down if the market goes down even more.
It may need months to recover but im not even sure if it can reach the your position again.
sr. member
Activity: 1484
Merit: 254
February 01, 2022, 06:35:45 AM
#20
I often trade on Pancakes and I think it's good, if there is a new token with a small LP of course it makes us have to add a bigger percentage, I once had to fill the percentage up to 40% and this is what makes us wary to invest new coins and the easiest way now is to look at the number of LP.
hero member
Activity: 3038
Merit: 526
Leading Crypto Sports Betting & Casino Platform
January 31, 2022, 07:53:42 PM
#19
I still think it is one of best crypto coin in universe ok at least in Earth it has so many use cases like staking, ico and the team also burn coins from time to time.
The percentage of token issued was more compared with what already burned. If you have invested heavily in this token and that means you have known this before. have you done a research before buying this token at the peak price. Even the inflation rate was not so big but this will be affecting the price for cake in long term. What you can do waiting for another pump to happen with this token.

So what went so wrong is it its unlimited supply or something else? And another thing it is not just performing so terrible with this crash but was going down continuously even before that.  
Unlimited supply and yes. Bitcoin was adding more pressure to the cake and it's hard to believe if this token totally over valued at this moment. The same performance showed by another swap token as well but it seems like when bitcoin will be recovering soon and the price of this token will increase too.
hero member
Activity: 2744
Merit: 588
January 31, 2022, 05:15:32 PM
#18
Ok first of all l thought maybe i should give it some time to recover and it will show its power but damn this coin literally angers me. When bitcoin coin crashed it was like -22% and one of the worst affected cryptocurrency, I was like ok I will give it some time and it will recover with same speed bit no when bitcoin start recovering the other coins move up to double digit but this guy hardly moving at all. I still think it is one of best crypto coin in universe ok at least in Earth it has so many use cases like staking, ico and the team also burn coins from time to time. So what went so wrong is it its unlimited supply or something else? And another thing it is not just performing so terrible with this crash but was going down continuously even before that. 
I had lost a great fortune on this project. I could remember when I bought as $18 per Cake and suddenly it falls to $16, I was still patiently waiting for the price to go up until I saw $14, $13, then $12. I knew that something is wrong somewhere even when other projects were doing fine, Cake was just ranging. I sold it in loses. Now I saw $7.9 which shows that many Investors had dumped it.  Maybe it might go up soon, who knows

As long as the platform is still doing good in the business, they still have the chance to recover.
There are still a lot of users of this exchange, so I am not losing hope that they will go up again.
For now, most are in losing stage. But if the site itself is active and still attracting users, then, for me, they have the chance to grow.
Among DEXs, pancake is still in top 3 position and they have very good trading volume.
So if you bought it above $10, better hold if you can hold because there's hope on this one in my opinion.
member
Activity: 812
Merit: 13
Crypto bookmaker and casino
January 31, 2022, 05:10:06 PM
#17
Ok first of all l thought maybe i should give it some time to recover and it will show its power but damn this coin literally angers me. When bitcoin coin crashed it was like -22% and one of the worst affected cryptocurrency, I was like ok I will give it some time and it will recover with same speed bit no when bitcoin start recovering the other coins move up to double digit but this guy hardly moving at all. I still think it is one of best crypto coin in universe ok at least in Earth it has so many use cases like staking, ico and the team also burn coins from time to time. So what went so wrong is it its unlimited supply or something else? And another thing it is not just performing so terrible with this crash but was going down continuously even before that.  
I had lost a great fortune on this project. I could remember when I bought as $18 per Cake and suddenly it falls to $16, I was still patiently waiting for the price to go up until I saw $14, $13, then $12. I knew that something is wrong somewhere even when other projects were doing fine, Cake was just ranging. I sold it in loses. Now I saw $7.9 which shows that many Investors had dumped it.  Maybe it might go up soon, who knows
hero member
Activity: 1680
Merit: 505
January 31, 2022, 04:37:22 PM
#16
Ok first of all l thought maybe i should give it some time to recover and it will show its power but damn this coin literally angers me. When bitcoin coin crashed it was like -22% and one of the worst affected cryptocurrency, I was like ok I will give it some time and it will recover with same speed bit no when bitcoin start recovering the other coins move up to double digit but this guy hardly moving at all. I still think it is one of best crypto coin in universe ok at least in Earth it has so many use cases like staking, ico and the team also burn coins from time to time. So what went so wrong is it its unlimited supply or something else? And another thing it is not just performing so terrible with this crash but was going down continuously even before that.  

It looks like this is your first investment in the cryptocurrency market. Whenever the moment of the first losses comes, the investor is very dissatisfied. Don't worry about that, because nobody in this market made money quickly. As you gain experience and understand that drops in prices and increases are just happening, you will start to approach the situation much more calmly and start making money.
sr. member
Activity: 2016
Merit: 283
January 31, 2022, 04:25:04 PM
#15
Ok first of all l thought maybe i should give it some time to recover and it will show its power but damn this coin literally angers me. When bitcoin coin crashed it was like -22% and one of the worst affected cryptocurrency, I was like ok I will give it some time and it will recover with same speed bit no when bitcoin start recovering the other coins move up to double digit but this guy hardly moving at all. I still think it is one of best crypto coin in universe ok at least in Earth it has so many use cases like staking, ico and the team also burn coins from time to time. So what went so wrong is it its unlimited supply or something else? And another thing it is not just performing so terrible with this crash but was going down continuously even before that.  
that's why its always good to learn how to make technical and of course fundamental in order to obtain more specific information especially the potential wherein rather than basing of the situation in the market such percentage itself because it's useless..  I suggest be smart next time when it comes investing and also leason learn, lastly educate your self first such how to pick good projects to prevent such situations..
hero member
Activity: 2926
Merit: 795
January 31, 2022, 07:46:51 AM
#14
Try to view the market in general and don't zoom in to your investment coin alone. There's a lot of coin that suffer much terrible loss compared to PCS. Even big project like Solana, Axie, Avalanche and BNB are dump with almost same with PCS that still didn't fully recover since the last sharp dip.

We need to wait for Bitcoin dominance to calm down so that Altcoin will show great gains again. So far Bitcoin is still struggling to form a trend that's why altcoin is still not showing any sign of good recovery until now.
sr. member
Activity: 2618
Merit: 439
January 31, 2022, 07:38:36 AM
#13
Ok first of all l thought maybe i should give it some time to recover and it will show its power but damn this coin literally angers me. When bitcoin coin crashed it was like -22% and one of the worst affected cryptocurrency, I was like ok I will give it some time and it will recover with same speed bit no when bitcoin start recovering the other coins move up to double digit but this guy hardly moving at all. I still think it is one of best crypto coin in universe ok at least in Earth it has so many use cases like staking, ico and the team also burn coins from time to time. So what went so wrong is it its unlimited supply or something else? And another thing it is not just performing so terrible with this crash but was going down continuously even before that.  
I thought swapping will change the market , but like everything this seems to be just pumped and now facing what many had already and that is dumping , in the middle of 2021 Pancake is always in every thread in Altcoin section.
but now where are those Mooning for Pancakeswap?
Maybe best if you will full out your funds if you cannot take it anymore and use this chance now to re invest in different coins instead of this CAKE.
hero member
Activity: 2184
Merit: 513
Moonbet.io | Web3 Casino
January 31, 2022, 05:48:47 AM
#12
Yeah they are bad too but not that bad and that is what really making me consider is it even worth investing. I understand with crash everything is going down. But my issue is it is performing exceptionally bad. And it is going way down it was in the top coins to go down but when bitcoin recovers it hardly moves like even right now bitcoin is in green reached 38k but this coin pancake is in red and going down and still at terrible $ 7.1
Are you thinking to cutloss it? i do know that if the performance of cake was horrible but as per member said if it doesn't have maximum supply and that means inflation will always be happening forever.



~
Why so mad? Im down more than 50% of my portfolios.
OP is probably heavy on Cake and he couldn't endure it anymore.

~
Why do you think like that? It doesn't have unlimited supply.
There is no limitation to the supply but there are mechanism to control it like reducing Cake emissions per block and token burning.


Thank you for your correction and i do understand about that. Remember that the token burning must able to beat the inflation of cake and if this is not happening and it was a disaster. I see that even the token burning was doing so good but again no hardcap will be a long term problem.
full member
Activity: 1890
Merit: 101
January 30, 2022, 07:39:48 PM
#11
Ok first of all l thought maybe i should give it some time to recover and it will show its power but damn this coin literally angers me. When bitcoin coin crashed it was like -22% and one of the worst affected cryptocurrency, I was like ok I will give it some time and it will recover with same speed bit no when bitcoin start recovering the other coins move up to double digit but this guy hardly moving at all. I still think it is one of best crypto coin in universe ok at least in Earth it has so many use cases like staking, ico and the team also burn coins from time to time. So what went so wrong is it its unlimited supply or something else? And another thing it is not just performing so terrible with this crash but was going down continuously even before that.  
I also feel the same way, the $cake valuation that I hold dropped by 60% because I bought several hundred $cakes when the price was $17. I think that what affects the price of cake is because the value of bitcoin is decreasing, not because of the supply. definitely when bitcoin is bullish again we will see a bullish cake too.
legendary
Activity: 2940
Merit: 1083
January 30, 2022, 07:38:58 PM
#10
Ok first of all l thought maybe i should give it some time to recover and it will show its power but damn this coin literally angers me. When bitcoin coin crashed it was like -22% and one of the worst affected cryptocurrency, I was like ok I will give it some time and it will recover with same speed bit no when bitcoin start recovering the other coins move up to double digit but this guy hardly moving at all. I still think it is one of best crypto coin in universe ok at least in Earth it has so many use cases like staking, ico and the team also burn coins from time to time. So what went so wrong is it its unlimited supply or something else? And another thing it is not just performing so terrible with this crash but was going down continuously even before that.  

Hug the dip, bro. There is always a time that you will see your portfolio crashing.

The bear market is really giving stress to new players on this game. Soon, you will be used on seeing it and automatically thinks of a way how to take that situation to your advantage.

Just move forward.
sr. member
Activity: 2100
Merit: 309
January 30, 2022, 01:21:24 PM
#9
I don't think with pancake exchange performance is terrible but many shit coin easy listing on pancake because without paying fees listing just added liquidity only and can removed every time when developer want to make their coin scam. I think pancake exchange looks like etherdelta where every one can sell their coin just add contract address only, but there all of price depending with investor how much want to sell and buy before creating with order limit price.
hero member
Activity: 1064
Merit: 639
January 30, 2022, 12:29:18 PM
#8
Ok first of all l thought maybe i should give it some time to recover and it will show its power but damn this coin literally angers me. When bitcoin coin crashed it was like -22% and one of the worst affected cryptocurrency, I was like ok I will give it some time and it will recover with same speed bit no when bitcoin start recovering the other coins move up to double digit but this guy hardly moving at all. I still think it is one of best crypto coin in universe ok at least in Earth it has so many use cases like staking, ico and the team also burn coins from time to time. So what went so wrong is it its unlimited supply or something else? And another thing it is not just performing so terrible with this crash but was going down continuously even before that.  

Almost all Defi tokens are doing shit. And cake is also a defi token. Just look at sushi it is also down -79.6% from it's all-time high.
The price of DeFi tokens increases when centralized exchanges have regulatory issues. This is what I have observed yet. So just hodl your tokens don't panic sell
hero member
Activity: 2632
Merit: 649
DGbet.fun - Crypto Sportsbook
January 30, 2022, 11:38:16 AM
#7
the fall was pretty long, it didn't happen in a second.Why didn't you sell at the first price fluctuations?Right now, the best tactic for you is just to wait for another scenario, no one will tell you.I am sure that the token will rise in price, but it is not a month or two.
legendary
Activity: 3010
Merit: 1156
Leading Crypto Sports Betting & Casino Platform
January 30, 2022, 10:13:54 AM
#6
Ok first of all l thought maybe i should give it some time to recover and it will show its power but damn this coin literally angers me. When bitcoin coin crashed it was like -22% and one of the worst affected cryptocurrency, I was like ok I will give it some time and it will recover with same speed bit no when bitcoin start recovering the other coins move up to double digit but this guy hardly moving at all. I still think it is one of best crypto coin in universe ok at least in Earth it has so many use cases like staking, ico and the team also burn coins from time to time. So what went so wrong is it its unlimited supply or something else? And another thing it is not just performing so terrible with this crash but was going down continuously even before that.  

Maybe you are focusing on the wrong kind of performance. If the project has use case and it's working, price performance is irrelevant. And when it comes to price, you have to compare it to everything around it. And that everything is crashing so why wouldn't pancake crash?
legendary
Activity: 2338
Merit: 1354
January 30, 2022, 06:03:35 AM
#5
At first, Pancake is already not my type, since first, they are on Binance Smart Chain (BSC) a copy-paste chain from Ethereum, and most of the projects in Binance Smart Chain (BSC) are always getting rugged or scam, even this Pancakeswap which is a copy-paste of Uniswap too.

But about your rant about the recent dump, for me it's normal, most of the altcoins dumped too hard except Bitcoin, but I believe most of the altcoins who dumped very big, big possibility that they will bounce too.
legendary
Activity: 2114
Merit: 1150
https://bitcoincleanup.com/
January 30, 2022, 03:08:53 AM
#4
~
Why so mad? Im down more than 50% of my portfolios.
OP is probably heavy on Cake and he couldn't endure it anymore.

~
Why do you think like that? It doesn't have unlimited supply.
There is no limitation to the supply but there are mechanism to control it like reducing Cake emissions per block and token burning.

~
Yeah they are bad too but not that bad and that is what really making me consider is it even worth investing.
If you're comparing Cake and Uni's performance, here's the data in the last 30 days taken from Coingecko (Cake -40%, Uni -36.3%). I wouldn't call that not that bad.

It's not always the case that alts will move the same way as BTC. It's out of your control when Cake is still down but what's important is that the fundamentals are still there.
member
Activity: 70
Merit: 12
January 30, 2022, 02:18:02 AM
#3
Ok first of all l thought maybe i should give it some time to recover and it will show its power but damn this coin literally angers me.
Why so mad? Im down more than 50% of my portfolios.

When bitcoin coin crashed it was like -22% and one of the worst affected cryptocurrency, I was like ok I will give it some time and it will recover with same speed bit no when bitcoin start recovering the other coins move up to double digit but this guy hardly moving at all.
Just give it more time and you must hope that it will recover later. You can also compare pancake's chart with uniswap's chart and im sure that you will be seeing the same chart between both. I have seen that as well.


I still think it is one of best crypto coin in universe ok at least in Earth it has so many use cases like staking, ico and the team also burn coins from time to time. So what went so wrong is it its unlimited supply or something else? And another thing it is not just performing so terrible with this crash but was going down continuously even before that.  
Why do you think like that? It doesn't have unlimited supply. You can check it on CMC. People are just dumping their cake during the bearish market and the pressure was so strong. that makes it so difficult to recover again.

Yeah they are bad too but not that bad and that is what really making me consider is it even worth investing. I understand with crash everything is going down. But my issue is it is performing exceptionally bad. And it is going way down it was in the top coins to go down but when bitcoin recovers it hardly moves like even right now bitcoin is in green reached 38k but this coin pancake is in red and going down and still at terrible $ 7.1
hero member
Activity: 2184
Merit: 513
Moonbet.io | Web3 Casino
January 30, 2022, 01:50:19 AM
#2
Ok first of all l thought maybe i should give it some time to recover and it will show its power but damn this coin literally angers me.
Why so mad? Im down more than 50% of my portfolios.

When bitcoin coin crashed it was like -22% and one of the worst affected cryptocurrency, I was like ok I will give it some time and it will recover with same speed bit no when bitcoin start recovering the other coins move up to double digit but this guy hardly moving at all.
Just give it more time and you must hope that it will recover later. You can also compare pancake's chart with uniswap's chart and im sure that you will be seeing the same chart between both. I have seen that as well.


I still think it is one of best crypto coin in universe ok at least in Earth it has so many use cases like staking, ico and the team also burn coins from time to time. So what went so wrong is it its unlimited supply or something else? And another thing it is not just performing so terrible with this crash but was going down continuously even before that.  
Why do you think like that? It doesn't have unlimited supply. You can check it on CMC. People are just dumping their cake during the bearish market and the pressure was so strong. that makes it so difficult to recover again.
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