HOW to make Money with BNB
Here's my Takedown
Whenever Binance announces a coin on launchpad, BNB starts rising and gains 5-10% profit in a day or two, so I buy 1BNB at 10x leverage and make easy $250-300, then short it to gain further ~$150.

Personally, I am not in favor of staking BNB on launch pool as by the end BNB price falls and you do really earn anything.

What I do rather is stake FDUSD as according to my calculations on current launchpad here's how I earned from it already :

1- Long 1BNB at $585 at 10x leverage and Took profit at $610, I earned $250.
2- I took a Short trade of 1BNB at $615 with 10x leverage and took profit at $590, bagged another $250.
3- Now I will stake my $500 profit at launchpad using FDUSD rather than BNB, here's why:
The prize is 240M ENA coins from BNB, and currently 17M+ BNB are staked, when calculated it will give only 15 ENA tokens max, whereas, 1B+ FDUSD are staked giving 60M ENA token, calculated, you can get 1ENA token from every 20FDUSD, if we stake $500, it will give 25ENA which is far better than staking $600 for 1BNB and getting only 15ENA.
BNB price is also volatile whereas FDUSD is stable. I can easy bag 25ENA tokens from $500 I earned recently.

What are your thoughts and strategies, do share...

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⚠️WARNING ⚠️

Do not fall for BNB rising price trap!
Do not put your BNB coins at stake for New listing coin #ENA, by the end the BNB price would fall down and you'll get no gains at all!

It's my opinion, #DYOR

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• A major bullish breakout occurred after breaking the downtrend.
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