qiwop (OP)
Newbie
Offline
Activity: 15
Merit: 0
|
|
June 14, 2021, 03:32:50 PM |
|
Hi guys,
Do you think pancakswap pool is better than farm because it provides lower risk and high compounding? What do you guys recommend?
|
|
|
|
Review Master
|
|
June 14, 2021, 04:55:26 PM |
|
Do you think pancakswap pool is better than farm because it provides lower risk and high compounding? What do you guys recommend?
Obviously, pools are great and not that much volatile as compare to farms because provided liquidity tokens will be changed according to the price volatilities. But farms will be profitable if anyone try auto-compounding platforms rather than pancakeswap farms. So DYOR before participating into any auto-compounding platforms as many BSC projects went through flash loan attacks.
|
|
|
|
2tang
Sr. Member
Offline
Activity: 1414
Merit: 259
Undeads.com - P2E Runner Game
|
|
June 14, 2021, 05:05:46 PM |
|
Hi guys,
Do you think pancakswap pool is better than farm because it provides lower risk and high compounding? What do you guys recommend?
So far I've only used the pancakeswap exchange to quickly exchange BSC tokens, the rest I've never used it for anything other than that, if you really think it's very suitable and better than farming, then please give it a try.
|
|
|
|
Yogee
|
|
June 14, 2021, 05:16:29 PM |
|
You are talking about single staking pools as I understand. APRs or APYs are usually higher on farm but it has more risks including impermanent loss. I don't know about other pools since you need to check the other tokens to be earned but the returns on CAKE auto-compounding looks great if you ask me.
PancakeBunny was good until the flash loan attack.
|
|
|
|
Mr.Scott
|
|
June 15, 2021, 10:42:19 AM |
|
Pancakeswap pools is better than farming, and less risky. Farming means you are providing liquidity and it has loss risk while Staking means you just buy and stake them in the syrup pools and has no risk. Only price movement here is concern, however I do stake on pools and it's risk free.
|
|
|
|
tsaroz
Legendary
Offline
Activity: 3122
Merit: 1069
Vave.com - Crypto Casino
|
|
June 15, 2021, 11:11:35 AM |
|
I've been trying both but the farms are much more profitable than pools even when using the most popular pairs. The rewards are in cake and the price is a bit volatile but every of my farm investment have outshined pools whether you compare in in USD value or BNB. It's still a wonder for me how they be able to provide such huge returns. You should be cautious and not put all your money on the same platform.
|
|
|
|
$anounimus$
|
|
June 15, 2021, 11:29:58 AM |
|
Pancakeswap pools is better than farming, and less risky. Farming means you are providing liquidity and it has loss risk while Staking means you just buy and stake them in the syrup pools and has no risk. Only price movement here is concern, however I do stake on pools and it's risk free.
Right, and now it all depends on each individual's personal choice, whether we will choose a job that makes us have to accept the risk, if yes, then we must consider the risk, and vice versa, and I personally still like Staking because the risk is not Yes, although purchases are limited.
|
|
|
|
Fire Rabbit
Legendary
Offline
Activity: 1267
Merit: 1000
BabelFish - FISH Token Sale at Sovryn
|
|
June 15, 2021, 01:27:49 PM |
|
Be careful while investing in any pools. Last month I just lost 1500 dollars in investing in pools. My investment was in cake and its price went down. All thanks to Elon Musk. If BTC down then everything will be down. So invest what you can afford to loose.
|
|
|
|
ziennakarishma21
Copper Member
Jr. Member
Offline
Activity: 168
Merit: 4
|
|
June 15, 2021, 01:53:19 PM |
|
Every pool on BSC has its own risks, I have made a lot of money on it but also lost a lot when encountering scam projects, so when participating in it, do your research carefully before deciding to invest .
|
|
|
|
Naficopa
|
|
June 15, 2021, 01:59:44 PM |
|
Pancakeswap is much better than farming and always will be. It is possible that you will earn more on the farm, but the risk is much greater. At Pancakeswap, you deposit your coins directly, and the farm is completely outside wallet, so your coins are in someone else's hands.
|
|
|
|
casperBGD
Legendary
Offline
Activity: 2156
Merit: 1151
Nil Satis Nisi Optimum
|
|
June 15, 2021, 02:19:47 PM |
|
Pancakeswap is much better than farming and always will be. It is possible that you will earn more on the farm, but the risk is much greater. At Pancakeswap, you deposit your coins directly, and the farm is completely outside wallet, so your coins are in someone else's hands.
not sure what you mean by that, since coins are not outside your wallet, or to put it that way, you have your stake in your wallet, since you do not have your coins when you put them in the pool either, you get part of the liquidity pool token for your token pairs everything brings risk, pancakeswap brings risk as well, and what is the question here is the reward enough for your to take that risk? and that question each person has to answer for, cannot be answered by other people
|
|
|
|
HanaTenun
|
|
June 15, 2021, 02:25:09 PM |
|
Be careful while investing in any pools. Last month I just lost 1500 dollars in investing in pools. My investment was in cake and its price went down. All thanks to Elon Musk. If BTC down then everything will be down. So invest what you can afford to loose.
that's what happened. pool is very influential on market conditions. it would be better to start when the market is in a deep correction. it makes the price very cheap and we can buy it to start a pool. but when we are in a good market the risk of a correction to the value of our assets is very high. I'm sure more people will like pool at pancakes. but all require careful consideration and planning.
|
|
|
|
shushu9977
|
|
June 16, 2021, 04:56:28 AM |
|
Suppose, I have 5K usd for investment. Then, I invest pancakeswap or crypto-currencies almost 2k/2.5k and rest of my money, I invest farm or other business. I see, the price of pancakeswap is 16$/17$ per token. When, I bought pancakeswap, the price was 29$ per token. I can buy also more 20/30 cake, because the price of cake is very low to buy for me.
|
┏━━━━━━━━━ JOIN TELEGRAM GROUP ━━━━━━━━━┓ │▓▓▓▓▓▓ T o o l K i t z A I - Break the Barrier ▓▓▓▓▓▓│ ┗━━━━━━━━━━━ T R Y D E M O ━━━━━━━━━━━┛
|
|
|
bigdude
|
|
June 16, 2021, 08:56:43 AM |
|
if you want to earn more cake just use pools more profit and safe. No implements lost If you want to farm another altcoin then the farm is a good place with high APY but also high risk I sold almost CAKE at $23 and still do not confident to re-purchase
|
|
|
|
cryptoaddictchie
Legendary
Offline
Activity: 2254
Merit: 1376
Fully Regulated Crypto Casino
|
|
June 16, 2021, 10:35:49 AM |
|
Hi guys,
Do you think pancakswap pool is better than farm because it provides lower risk and high compounding? What do you guys recommend?
Depends on the pools you are gonna do. If you want stablecoin pool then thats a low risk compared to farm. But some pools also are prone to permanent loss due to fluctuation of price. But in my experience, in terms of gains and loss. I thunk farm is a balance one especially if you are gonna do a stablecoin pair farming with a token pair. Much better apy compared to pools.
|
| CHIPS.GG | | | ▄▄███████▄▄ ▄████▀▀▀▀▀▀▀████▄ ▄███▀░▄░▀▀▀▀▀░▄░▀███▄ ▄███░▄▀░░░░░░░░░▀▄░███▄ ▄███░▄░░░▄█████▄░░░▄░███▄ ███░▄▀░░░███████░░░▀▄░███ ███░█░░░▀▀▀▀▀░░░▀░░░█░███ ███░▀▄░▄▀░▄██▄▄░▀▄░▄▀░███ ▀███░▀░▀▄██▀░▀██▄▀░▀░███▀ ▀███░▀▄░░░░░░░░░▄▀░███▀ ▀███▄░▀░▄▄▄▄▄░▀░▄███▀ ▀████▄▄▄▄▄▄▄████▀ █████████████████████████ | | ▄▄███████▄▄ ▄███████████████▄ ▄█▀▀▀▄█████████▄▀▀▀█▄ ▄██████▀▄█▄▄▄█▄▀██████▄ ▄████████▄█████▄████████▄ ████████▄███████▄████████ ███████▄█████████▄███████ ███▄▄▀▀█▀▀█████▀▀█▀▀▄▄███ ▀█████████▀▀██▀█████████▀ ▀█████████████████████▀ ▀███████████████████▀ ▀████▄▄███▄▄████▀ ████████████████████████ | | 3000+ UNIQUE GAMES | | | 12+ CURRENCIES ACCEPTED | | | VIP REWARD PROGRAM | | ◥ | Play Now |
|
|
|
danherbias07
Legendary
Offline
Activity: 3304
Merit: 1133
Leading Crypto Sports Betting & Casino Platform
|
|
June 16, 2021, 11:00:41 AM |
|
I think it depends on what forte are you looking for. They always say "high risk, high profit" then you should be in farm. Or, the other way. Safe but not that much in profit like a banking institution. Pool. There will always be people who likes to gamble their way in investing their money and not just gamble it with casinos. With this farm method the chances are higher than betting it with one horse. There is another option though. You can just do 50-50 and test it out, that way you will learn it by yourself because it's really difficult to put in words.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
passwordnow
|
|
June 16, 2021, 11:34:02 AM |
|
Be careful while investing in any pools. Last month I just lost 1500 dollars in investing in pools. My investment was in cake and its price went down. All thanks to Elon Musk. If BTC down then everything will be down. So invest what you can afford to loose.
What pool did you invest in? I haven't invested to any pool nor farm and I'm just getting some ideas too on the people who have been sharing their thoughts about these two on this thread since I just saw this thread appeared. Pancakeswap pools is better than farming, and less risky. Farming means you are providing liquidity and it has loss risk while Staking means you just buy and stake them in the syrup pools and has no risk. Only price movement here is concern, however I do stake on pools and it's risk free.
This is the reason why I prefer staking, the risk is nothing compared to the two that have been asked. There's no need for us to take risks and it's like holding with some rewards although very low but still a legit source.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
Nalbo
|
|
June 16, 2021, 11:55:08 AM |
|
Another benefit of pool is you are staking for the coin of your choice and not for cake. And the options of stable coins getting more than 6% a month just for staking is great. I am not sure how they achieve in providing such but it's one of the highest I've seen on DEFI or any centralized saving wallets. Farm would come better if you believe in both the coins of the pair of choice.
|
|
|
|
distr@yopmail.com
|
|
June 16, 2021, 03:03:50 PM |
|
i use Auto CAKE STAKED on pancakeswap APY ~ 110.50% I don’t like to receive a volatile loss if the price moves too much in one direction. Because for me this is the best option.
stake or pool is greatly affected by future market conditions. it all depends on the platform used because some exchanges actually use asset locking that is staking for a long time and cannot be unlocked. a loss in the event of a large dump. because it will create a loss for the user.
|
|
|
|
onecall123
|
|
June 16, 2021, 03:41:24 PM |
|
i use Auto CAKE STAKED on pancakeswap APY ~ 110.50% I don’t like to receive a volatile loss if the price moves too much in one direction. Because for me this is the best option.
This is kind of great suggestion and good move to minimize our loses in this volatile market. Cake priceis diminishing each day even APY is going down. But, I stake cakes at Pancakeswap. This is an amazing return rather than keep losing money. CAKE has a lot more practical use, and will go high again.
|
|
|
|
|