Things in crypto move fast, and you have to adapt quickly if you want to get those opportunities. In 2018-2019 when the bear market hit hard there weren't many "opportunities" out there. Now, we are in the bull territory again and there are a lot of opportunities all over the cryptospace. You have to be smart enough to pick the best ones, and the Leofinance team did the best decision possible with BSC.
I will tell you why in the following lines with some stats. Of course, none of this is financial advise. Do your own research.
1 - Daily transactions are raising exponentially
For your reference, Ethereum is doing less than a half of what BSC is doing. 1,250 k and rising.
2 - Unique addresses are raising exponentially
In the last month there were 47,000,000 new addresses created on BSC. On the other part, there were 4,000,000 new addresses created on Ethereum.
You have to be where the attention is going, and BSC is the hottest place to be right now. It has a lot of potential while it lacks decentralization, but the amount of attention we could get from their passionate community is worth it.
CUB-BUSD or CUB-BNB?
It depends on your risk aversion, in my case I'm fully aware of the risks but I decided to move my LP position to CUB-BNB as I think it's preparing for another ride above 300$. If this happens I will be buying more CUB with my BNB and I am really happy with that.
I still believe there is room to grow for the price of BNB, and I am happily hodling some.
Posted Using LeoFinance Beta