Change strategy when receiving tokens from #LAUNCHPOOL of Binance!!
I have been understanding the market for more than 2 years and started actually trading and accumulating since June last year.
Before that, I traded to understand the market and understand which virtual currency I should hold.
For people with little capital like me, I see #BNB as a potential stock that pays regular dividends. So BNB accounts for a large proportion of its portfolio, and the launchpool is a significant source of income.
If like last year, the school is still accumulating, the tokens after the list tend to decrease steadily, I choose to convert the tokens received into BNB.
At the end of last year, when the BNB price increased beyond 500u, staking FDUSD was more profitable. I sold the tokens I received to FDUSD and traded and used it for DCA #BTC .
However, now Binance launches too many launchpools, causing the lifespan of the tokens to decrease very quickly. Furthermore, the farm ratio changes from 80-20 to 85-15, making BNB more attractive, so after receiving #OMNI , I will trade within 3 days. If it's like SAGA, I will definitely cut it and switch to BNB.
Hope you guys make money! PEACE!!!