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brendanwenzel
Apr 30, 2021 2:42 AM

Pancake Swap - $CAKE - Strong Despite BTC Weakness Long

PancakeSwap Token / TetherKuCoin

Description

DISCLAIMER: This is NOT financial advice. My content is meant for entertainment and general information purposes only. It's only my opinion and should not be taken as financial, legal or tax advice. I'm not a licensed financial planner or investment advisor. Cryptocurrencies carry a lot of risk and you could lose everything when buying and selling them. I will not be held responsible for any losses or gains as a result of my content. Please DO YOUR OWN RESEARCH before making investment decisions.
Comments
DJY87
Hey !
Thanks for all your content. I've been following you since few weeks now.
I'm into "cake" since the beginning and pretty confident in the project.
My concern is about the futur "bear market.
I'm pretty sure that when the BTC will drop at the end of this bull run, we gonna see the cake price around 20$, maybe less.
In this case, it's better to sell it high and buy it low again..
What do you think?
brendanwenzel
@DJY87, I wouldn't be worried about that at this point. When it flips Uniswap, then start to take some profits off the table and build your tether reserves. We still have quite some time in this bull market based on everything I'm seeing. The next couple of months could be interesting, but this project has too much momentum right now to even consider selling for me personally. It would be like selling Apple stock after they announced the first iPhone.
DJY87
@brendanwenzel, That's true, such a good project ! Thanks for your feedback. Let's try to ride the wave a bit longer :)
ChartGains
@DJY87 We're just getting to the best part of the bull market mate
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