No, I won't. if it goes $60 then I will book some profit by selling partial holding. I never sell in one go also follow the same with buying. I see a better future of CUB.
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No, I won't. if it goes $60 then I will book some profit by selling partial holding. I never sell in one go also follow the same with buying. I see a better future of CUB.
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Good choice. I think you could always just play around with the compounded profits while letting your original holdings earn more over time.
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At what rate do you actually compound ? I usually wait till it hits 1 CUB .
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I haven't compounded yet but I would think that you need at least 5 CUBs in my opinion. At 1 CUB, your paying about 20% of your profits in transaction fees. For me, I would need to harvest then stake in den so its 2 transactions. So I think 5 CUB would be right for me and it would be roughly 10% transaction cost. But honestly, I would prefer to wait for 10 CUB if possible.
Who knows since my earnings should go up over time as I add more to the pools and DEN.
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I am going to do like you suggest. The fees are increasing on the Binance side for transactions I noticed.
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Yes theoretically, you would want transaction fees to be less than 10% of your value because you want to have more compounding.
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That's what the strategy should be. Unless totally necessary we shouldn't sell all of our coins .
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