PANCAKESWAP THE GREAT - HOW TO USE IFO (STEP BY STEP) AND GET THE BEST FOR YOU
Even though Pancakeswap has been hacked before, it always feels official. It feels like home to me. I wish they had more liquidity pools. They claim to have 32 million customers. The coin is resistant and is very rigid. I personally have never had a problem on pancakeswap exchange. I love the graphics, the theme, it's really been thought out. How could Pancakeswap be made better? Leave your comments below.
Pancakeswap was the first exchange that started to change my life. It has made things easier for me to make money. So no matter how you earn your crypto, pancake has a way for you to turn your bits and pieces into a rewarding moon bag. There are various ways to make big rewards on Pancakeswap. Plus the cake coin is a very vital part of holding your value, as the cake coin isn't a stable coin, but it does hold quite steady at certain prices, once you get into it, you will get to know the prices too. But otherwise, the BUSD coin is the perfect option. Both these coins have a lot of pairs in the farm, so looking for the right pair for you could be one option.
What I do is collect coins from wherever, and bring everything to Pancakeswap where I can either change all new rewards into cake or add coins to the farms that I have opened up. And then this way the coins I earned continue to earn more profit, so everything is working for me.
Because Pancakeswap swap has at least 33 million customers, the pools get loaded up quite quickly, so APR can low for this reason, but the cake coin is really strong, so it is best to stay with Pancakeswap exchange.
Pancakeswap also has pools for single staking. So here is where they usually premier new single coins, If you're lucky they sometimes put the new single coin as a coin that can be farmed also, so this way you can farm the coin and any interest can go straight onto the single pool where you can stake your rewards and start earning even more rewards.Another thing I like to do is collect my rewards when coins are pumping, this way if you only spend the pump you will still have the same amount of value even though you lose a few coins, you can always buy them back when the price goes back down.
The IFO: Initial Farm Offerings page is so beautiful, especially if you collect each coin as it comes out. It makes you feel part of the community, it also guides you towards some of the safer coins in the ecosystem, it doesn't mean the cons going to pump, but it does make you have a little more comfort that Pancakeswap most of done their research before giving to us the community, so it makes our job of researching a coin a little easier. IFO page is where a lot of big money investments are made right in front of you. At present the last IFO coin was Corite, so we have just raised a lot of cash for this coin, and now I'm waiting to see which coin will be next. For me, I enjoy the count-down to the next IFO, and I always use the count-down as time to do my research on the coin and then by the time the coin is ready to be distrusted, I know what I need to know, meaning am I selling instantly or am I holding for the long term. But I think getting coins at the IFO even if you don't like the coin, I can't see much going wrong as long the coin don't die. You have to remember that you're getting the coins at a wholesale price, so It's not too hard to make a profit.