Creating a CAKE-BNB position for a family member today by cashing out a small % of their BTC. I think CAKE looks solid for a long term hold here. April emission-reduction vote is imminent and probably not priced in. BTC profits will get rotated in if it pops.
CAKE could continue to bleed out over next couple days creating even better entry opportunities but I am happy to bet on people rotating profits into the strongest yield farms, CAKE & CAKE-BNB. Revenue is king.
Pancakeswap & Pancakebunny TVL records. BNB calm before storm, it's chillin while BTC rumbles
CAKE and BNB look good vs. BTC and strong fundamentals where a temporary retracement vs. USD & BTC after a big pop a couple days ago is completely expected
wow, You did a great job mate!, BTC drop -18% from 11-Apr, while CAKE are rising 25%.
I'm a BNB maxi, I love to swap my BNB to CAKE when it's hit bottom like (less than 0.045) and I just simply put it on Pancake bunny for single stake Cake, the rewards are really nice.
Hope Cake/BNB gonna moon over 0.07, then I gonna swap back all my CAKES to BNB :D
I believe CAKE gonna flipping UNI soon.
Love your works!
authorofthesurf
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@wakizashi, Brilliant brother! Glad you got a bunch of nice BNB->CAKE entries. Strongest yield farming coin in the world
mirtingi
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rip family
authorofthesurf
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@mirtingi, Long term hold friend. Overall BSC portfolio down only 5% and CAKE accumulating every day
~0.05 CAKEBNB is unfortunate but OK long-term entry. 0.045 or less is nice
Emission reduction vote still imminent and CAKE @ $22 seems cheap if I wasn't already allocated
mirtingi
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@authorofthesurf, Seems logical. CAKE at $500 this cycle sounds ok?
authorofthesurf
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@mirtingi, Anything can happen, no one knows where the top is. This year is long, I am happy to stack units of CAKE to the sky. As we see today, big pop, but CAKE still seems under-valued
Emission vote imminent, I am HODLing and farming
mirtingi
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@authorofthesurf, How much, per your opinion, of CAKE stack is enough? 2k? 5k?
authorofthesurf
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@mirtingi, I think 150M may be the special target number of overall CAKE
CAKE stack is totally up to your finances and what % you want to allocate towards CAKE itself vs. other options
I think 10% of my crypto may be CAKE, should I do more?? 😂
Thousands is very nice because then you are getting full units of CAKE for a while, I think it's a very strong and safe yield farm long-term
I'm a BNB maxi, I love to swap my BNB to CAKE when it's hit bottom like (less than 0.045) and I just simply put it on Pancake bunny for single stake Cake, the rewards are really nice.
Hope Cake/BNB gonna moon over 0.07, then I gonna swap back all my CAKES to BNB :D
I believe CAKE gonna flipping UNI soon.
Love your works!