2022-04-24 le Reddit invs r WallStreetBetsCrypto guide to Pancakeswap comment i wrote up for reply u GuthixIsBalance

2022-04-24 le Reddit invs r WallStreetBetsCrypto guide to Pancakeswap comment i wrote up for reply u GuthixIsBalance.js

// 2022-04-24 le Reddit invs 

// r WallStreetBetsCrypto guide to Pancakeswap | comment i wrote up for reply 
  // u GuthixIsBalance

/*
I'd say throw it into the highest yielding aggregate staker you can find.

Go for 

- Pancakeswap

- $CAKE

See their 

- POOL function and the topmost option

- Is an aggregate "angel" investment / IPO trust fund

- Vests you + community 

- Per each new "IPO'd" coin

Massive gains thus far. For simply staking && remaining.

Ie the '*Warren Buffet dividend strategy*' for the **21st century**.

Paid in ++ remunerative $CAKE. W/o movements from vested (staked) $CAKE.

Ie 

- No fees for removing your position from the fund. Then closing-out to your wallet.

- No taxes or wash sales carried forwards etc.

- No fees for reinvesting the "dividends" otherwise gained. Ie transfers in || transac fund fees.

As ultimately you literally just increase your position. 

By 

    position = yourCake + dailyDispursedCake + whateverHappensToTheIPOs

Unless you regularly secure yourself. 

Pulling out at 30 days+ intervals. (imo my current plan) 

Then you're going to increase the position. By a significant amount of $CAKE.

CAKE itself is tried and market-tested. 

A high val vs most "crypto auto-exchange" tokens.

AS noted these types of tokens by themselves holds no value. 

In this case secured in perseverance as an exchange. 

Reliable through simplicity, and market confidence. 

Now resolving to a sought-after exchange for IPO'ing new coins.

As Pancakswap gives legitimacy to new projects.

- Of which are usually privately funded already (banks || direct angels)

- Or established somehow (credible devs || engineers)

This established adoption also has a huge (and *actually* **active**) governance protocol. 

Ie

- By community

- By devs

- By engineers on its protocol itself

For proposals, think "new IPO's". 

To denials, think "this is scam --> this is not".

To feature requests and funding structures. Its probably one of the most accessed outside of Ethereum's. 

-----

*Pertaining* to **your** investment:

You would be putting $1k or so in through a **wallet**.

Which is more or less hiding cash under your mattress. (For most users) 

Unless 

- You get a safety deposit box for the wallet's keys

- Other etc physical security

- ^ **This** you should do

Or 

- Are otherwise secured by niche engineering knowledge

- ^ This unlikely

Placing that $1k here is very high risk. 

Just for the fact of 

- Non-recoverability of assets

- Ill advisable insurability of assets

And

- Possibility of getting targeted (physically)

- W/o *clear* barriers to assets in **accessibility** (thieves)(muggers)(robbers)(etc)

Ie 

- Being an engineer will keep them away. 

They'll assume 

- No one's going to understand howTo get in

- Let alone crack into it without charges escalating past life sentencing

Retaliation + enforcement actions. Would be a cakewalk post-criminal actions.

So if your not really really flagrantly stupid. A wallet stake like this is perfectly secure and safe.

The ^ above is absolutely relevant and *needs* to be **understood**. Before entering crypto as an investment.

You will gain roughly 60% to 70% APY or for realistic perspective.

My gains are 

- 0.969~ $CAKE per day

- At `456.

For your future usage. 

See for the pool's "staking" [UI](https://i.imgur.com/HE0mpcN.png).

Its where you will + or -. Vesting or divesting from the fund.

As my use case is to *only* divest in **mths**.

The current monthly of 

    6.37% 

Is respectable [gains](https://i.imgur.com/k49SkKP.png)

-----

If your serious about crypto. Look at Pancakeswap.

Doubt there's anything better if risk is acceptable.
*/