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Crypto_Savant
@crypto_savant
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#MyFirstFeedPost many people have been posting about possibly losing money on #aveo price pool. The rational primarily center around #BNB losing value during the staking period. Well here’s a contrarian opinion based on empirical evidence. I was involved in the previous #BinancePoolLaunch with #portal I bought BNB to stake at around $390. Binance pioneered this much copied concept to raise their floor price. Guess what, there’s a steady rise in BNB during the entire staking cycle with slight drop off the last day when some people I staked and sold off BNB for the profit on arbitrage. It ended around $430. I held on. Topped up even more for the AVEO pool. It’s around $520 for a BNB today. There might be a small drop off today being the last day. I may sell 20~25% of my staked BNB to realize small profit while holding on to the rest. DYOR of course but this sharing is based on my personal journey
#MyFirstFeedPost many people have been posting about possibly losing money on #aveo price pool.

The rational primarily center around #BNB losing value during the staking period.

Well here’s a contrarian opinion based on empirical evidence. I was involved in the previous #BinancePoolLaunch with #portal

I bought BNB to stake at around $390. Binance pioneered this much copied concept to raise their floor price. Guess what, there’s a steady rise in BNB during the entire staking cycle with slight drop off the last day when some people I staked and sold off BNB for the profit on arbitrage.

It ended around $430. I held on. Topped up even more for the AVEO pool. It’s around $520 for a BNB today. There might be a small drop off today being the last day. I may sell 20~25% of my staked BNB to realize small profit while holding on to the rest. DYOR of course but this sharing is based on my personal journey
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