Lol. Do you plan to completely get out of CUB after $60? What happens if it runs up to $1,000 in the future?
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Lol. Do you plan to completely get out of CUB after $60? What happens if it runs up to $1,000 in the future?
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I will most probably regret it!!
Btw, I will never touch my initial investment which is still building up. I have decided to add to it for the next few months or so. Maybe a year!
But if hits $60, I will stop compounding and start removing funds from the wallet. The initial investment will still be there.
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Good choice. I was planning on doing things similarly but I would always leave some compounding. So even if I take profits on half of the compounding, I would be happy.
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That's a cool strategy J. I am excited to see what Kingdoms are going to be. Since it will have an auto compounding feature, it will come in handy.
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I am also excited about the Kingdoms. I think I will continue to focus on bLEO/BNB. I had some in, took it out, today put more in. Right now it is the only farm that I am in.
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I started with CUB BUSD Farm. Not sure why but it is making me a decent amount every 2-3 days, which is ok. My investment is quite low right but I am slowly and steadily increasing it every day. Just got some today as well. ;)
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Lol every crypto seller ever :p
This is a good strategy , only sell the interests and never touch the capital .
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Yess. Initial investment or you can say principal amount is most probably locked forever.
Unless I find something else which is better than this or I need funds immediately.
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Me too , I did sell many BTC initially but I don't regret it as I needed it very badly but I learnt that we should always keep some crypto as it is .
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Sometimes life presents you with opportunities, sometimes it shits on you. Just keep moving on bro and always keep some crypto in your wallets 🤣
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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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