Is staking your BNB/FDUSD worthy?
Come to learn and understand.
We all see the launchpool and how many new tokens came up since 2024 started, and there is more will coming in the next days.
Since we all here for profits not for losing our funds, you must understand that staking your BNB and/or FDUSD in the launchpool won’t make you lose your assets or give it away in exchange for the new token.
You can redeem your assets at anytime without losing a cent.
But is it worthy to waste time in staking while i may make more profits from trading? That is what i want you to understand carefully.
$FDUSD is a stable coin
$BNB is volatile coin
So let’s say you have $100 USD, if you bought FDUSD the value will remain $100 USD, unlike BNB if you bought it the value may increase or decrease based on the market price when you want to sell and return to USD.
Based on that, you will realise staking BNB can be more profitable than FDUSD in #Launchpoool because the supply for BNB stake more than FDUSD stake and you can stake both of them at the same time of course 😉.
From my experience, staking less than $10,000 USD in value won’t give you profits as you think. You may lose time waiting launchpool end while you can get more profits from trading.
I see lots of new traders staking $100-$500 USD in value to get 1-3 new token may worth $10 USD. While they can in few seconds get $10-$30 USD from trading with only $100 USD.
I am not saying that trading is safe, in fact trading is high risk place, you may lose too much if the market goes against your analysis. But seriously it’s better than wasting days to get few USD and dreaming to become a millionaire one day.
Rethink about your self, and what you are doing with your time. People become millionaires not from staking, become millionaires from taking risks and choose the right place and time.
Remember: I don’t sell fake dreams, i just want you to the see the reality.