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If you can’t handle the 50% dump then there's actually no need to suffer pointlessly

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by COINS NEWS 258 Views

If you can’t handle the 50% dump then there's actually no need to suffer pointlessly

Judeo-Christian views have conditioned us to expect a pain and gain cycle in life,

though that doesn't have to be the case.

Observe,

Say you bought BNB in November, at the worst possible time for around $600. Suppose this is no temporary dip and the price continues to fall to $300 and stays there for 2 years

If you had staked BNB at 9% APR, two years on

( ((1 x 109%^2) x 300) - 1 x 600 ) ) / 600 = -40%

You would've lost 40% of your portfolio,

If you had instead provided liquidity in the BNB-BUSD pair

https://docs.google.com/spreadsheets/d/1EjmXDXY7qI7ATSCU4RMY6uBR7cW1uZLVw8oRfM0RGzk/edit#gid=592536586

https://preview.redd.it/xnnauew262a81.jpg?997&format=pjpg&auto=webp&s=ef74a823dfd02302ff543e2300461cc9b34edd94

You would've made 40% profit doing nothing and not being stressed out

https://preview.redd.it/qdxeg4i462a81.jpg?1637&format=pjpg&auto=webp&s=ebf7b80ff4845fd0b3d18992b8d6a98ea62b0529

Even better, if you had staked it into an autocompounding pool like happyhippo.farm, made by yours truly, you would've made 57%.

I know this may come as a shock to most of you but Santa Claus isn't real and there's no magical sky father looking after you from above. Your suffering and pain is not correlated at all with how much money you'll make in the end.

You have to be smart and do the math, by doing that you can have your cake and eat it too

submitted by /u/indonesian_activist
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