Is PancakeSwap CAKE Staking a Good Investment – RESULTS After 2 Months

In this video I share my results of PancakeSwap (CAKE) staking after two months… might not be the story you’re hoping for… Buy Crypto – https://crypto.com/app/m8fg448mxx Set up MetaMask – https://youtu.be/ZyNCUcBf7G4 Stake Your CAKE – pancakeswap.finance/pools We Both Get FREE…

Is PancakeSwap CAKE Staking a Good Investment - RESULTS After 2 Months

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In this video I share my results of PancakeSwap (CAKE) staking after two months… might not be the story you’re hoping for…

Buy Crypto – https://crypto.com/app/m8fg448mxx
Set up MetaMask – https://youtu.be/ZyNCUcBf7G4
Stake Your CAKE – pancakeswap.finance/pools

We Both Get FREE Crypto:
Trade on Gate.io – https://www.gate.io/signup/9655838
Trade on KuCoinhttps://www.kucoin.com/land/register/r/r39KTKS
Trade on Coinbase – https://www.coinbase.com/join/krason_7
Trade on Binance – https://accounts.binance.us/en/register?ref=57755253
Credit Card w/ BTC Rewards – https://blockfi.com/?ref=db83f33b

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Setup Tutorials:
Crypto.com: https://youtu.be/PIfaQu3c1I8
MetaMask: https://youtu.be/ZyNCUcBf7G4
Terra Station: https://youtu.be/9xt9YvUiFrc

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Chapters for Skipping Around 👇
0:00 Backstory
1:00 Why PancakeSwap (CAKE)
2:25 Price
4:40 Results
6:52 How to Stake CAKE
7:59 Lesson Learned

In early November I bought some PancakeSwap or CAKE. It was not recommended in the mastermind I joined but I, with barely any knowledge about crypto at the time, decided to ape into a project looking for a home run.

My thought was that CAKE wasn’t in the top 10 of coins so it still had a lot of room to grow. I’ve since learned that basically anything in the top 100 STILL has room to grow, but it’s unlikely you’ll be hitting home runs with any of those tokens.

But the price had come off it’s all time high by about 25% at the time so I felt like JUST because of that one thing, there was some price upside…

So far, that has not been the case.

For the last two months all I’ve done is watch the price go down while at the same time seeing other projects of interest like AVAX and LUNA, go up.

So there is no point in just sitting with this CAKE token in a “bear” market when there ARE gains to be made elsewhere.

Here are the numbers:

Initial Investment: $12,151
Token Price: $14.80
27% down to $10.81

782 coins worth $8,453
Gained 64 tokens for a value of $691

Total Investment Value: $9,147
Total Unrealized Loss: 24.7%

LOSS: $3,004

I do believe that I got in at an unlucky time right around when BTC was peaking and with enough time I’m sure it would rebound. But like I shared in the video, I believe there are other and better investments to get into right now if you’re chasing those really high APY’s.

Thanks for watching! Subliminal message incoming… (like and subscribe). 🙂

PS: I am not a Financial Advisor and any investment commentary are my opinions only. All trading involves risk so be sure to do your own research before making any investment decisions. Some of the links in this description are affiliate links that I do receive a commission for. Thank you!

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