⚠️ Believe it or not, but many individuals face losses in the #ENA Launchpool ⛏️⚠️
🚨 In this discussion, we'll delve into:
When to exit ENA mining and the optimal stake between $BNB and $FDUSD 🚨
Various factors come into play in the Binance Launchpool, with the foremost being the fluctuation in the $BNB market.
Upon the launch of #ENA Launchpool, BNB was approximately 590 USDT and currently stands at 605.
What does this signify?
It indicates that numerous individuals purchased BNBs at 605 to participate in the mining process.
Now, is this detrimental?
Consider this: If I possess 605 USDT and purchase 1 BNB at 605 for staking in the Launchpool.