Continuing from my earlier post , as mentioned i have been compounding my BNB for years and reached a stage last year when I could live off the income from launchpool
Based on previous launchpools i think SCR will trade for around $1.5 giving me around $3k nett income .. This could be more or less depending on market conditions.
The common mistake i see noobs doing is buying BNB when a launchpool is announced. NEVER do this . You are only going to earn 2 or 3 dollars maximum per BNB on launchpools and BNB would have pumped by then. You then end up in a loss due to the post launchpool BNB dump..
It's a slow and steady game so buy on dips and lock in for earn. Its taken me many years to reach this level ( I buy more BNB after each launchpool to compound my $BNB )
In my previous post I mentioned how I bought BNB in ICO but sold at around $3 :-( but then bought back in at around $15 to $20 and HODL.. I have been compounding my BNB with the income from launchpool tokens .. Right now my BNB is working for me on #BinanceLaunchpoolHMSTR and earning HAMSTER tokens . Have to be prepared for market cycles but HODL $BNB .
I started off with Binance ICO but made the mistake of selling my BNB for a few dollars :-( .Got back in at around $15 to $20 per BNB and HODL since then ..My BNB is on locked earn and on flexible and and I get to participate in all launchpools automatically.. Thank you CZ for this incredible token which allowed me to retire due to the income . Right now my BNB is working hard earning HAMSTER tokens :-)