My next tips / Crypto #02

[RedogonFox]

Hello BlackHatWorld, again.

I will post here in the Crypto section, from time-to-time, my views, my investments, my suggestions about Crypto. I put my money where my mouth is! (In the first weeks probably i'll post more because i have lot of projects to show, thereafter, 1-2 posts/month).

1. I will share mostly low-cap tokens and sometimes mid-cap tokens. Which means these have higher risks, but also higher returns.

Please note;

• These are not financial advices.
• Always DYOR before you invest.
• I don't have a crystal ball in my hands, i use my own sources/technical analysis/information, which i gathered in my 4 years in the crypto industry as an investor.

Since under my first post, one of the comments, was to prove my investments, i attached a photo to both of my invested amount. And please NOTE:
I will never-ever share my numbers again! Because this is not the purpose of my threads. The purpose of my threads is to save time for YOU.
Your job is to DYOR on the projects shared in my threads, and decide by yourself, if you want to invest, or not.
Always invest, what you can afford, to lose!!!
Thank you.


1. https://coinmarketcap.com/currencies/babyswap/

Today 11/04/2022 the price is $0.27

This token is available on BabySwap.

BabySwap is an AMM+NFT DEX for newborn projects on Binance Smart Chain (BSC).
I follow this project from the start (2021 summer). They are doing very well and constantly improving.
They announced also a new feature , which will occur in the near future and as they said, no other DEXs has currently this feature. (Currently is not revealed, yet).
I'm waiting for a Binance listing too, in the near future. Keep an eye on it.

My investment!

2. https://coinmarketcap.com/currencies/biswap/

Today 11/04/2022 the price is $1.10

This token is available on Biswap.

Biswap (BSW) is a decentralized exchange (DEX) like Babyswap, for BEP-20 tokens on Binance Smart Chain (BSC).
Biswap was listed on Binance, couple weeks ago, and currently is the first DEX who implement fixed staking on BNB Chain.
They are massive! And constantly improving.

My investment!

My Strategy: Holding them till the next alt season, which i personally expect to happen this summer.
For both projects, at their AllTimeHighs, i will cashout 70% of my investments, therefore the rest will be held till 2025.


Warm Regards, Redogon.

 

[z3nix]

I don't think it's worth holding low mc coins right now, probably gonna drop even more. I personally moved all my money to the bigger coins(eth, bnb, matic, sol)

 

[RedogonFox]

I don't think it's worth holding low mc coins right now, probably gonna drop even more. I personally moved all my money to the bigger coins(eth, bnb, matic, sol)

I understand the people who are going for the mid/hard-caps. Hard-cap coins are safer, but also has smaller gains in the short-run. It depends on your strategy for which one you go for. The point here is to have a strategy and proper risk management.

Imagine those who are invested in BNB @ $5 or in SOL @ $2 or in CAKE @ $0.40 ..

"Early bird, gets the prize".

P:S. As you can see these type of tokens are in the DeFi sector, basically you farm the tokens with your actual tokens which you hold in the pools. (like on PancakeSwap). Money makes money.

Thanks for your reply @z3nix.
All the best, Redogon.

 

[z3nix]

P:S. As you can see these type of tokens are in the DeFi sector, basically you farm the tokens with your actual tokens which you hold in the pools. (like on PancakeSwap). Money makes money.

yes, I understand that, but there are thousands of similar farms right now. People will always want to move to higher APYs and switch between farms. I just don't see what makes these 2 better than other options right now, as they also have their circulating supply increasing each day.

 

[wankawonk]

I don't like DEX tokens

look what's happened with uniswap and pancakeswap in the last year, if you held them you've lost a lot of money, whereas if you just held the native token of their blockchain (eth / bnb) you'd be up 20 or 30%

biswap has the same issue as pancakeswap -- you stake biswap and get rewards in biswap. they're minting shit-tons of biswap to make this possible, which inevitably devalues the token. you're gambling on the staking rewards outweighing the token inflation. Its a dangerous game to play.

 

[CampData]

Good luck holding those lol

 

[paisawaisa]

Any good project on binance which is new and can explode in few months.

 

[bestspinner]

i prefer pancakeswap with 80% apy