Before we get started, I'd like you to know that I run a telegram channel where I post my setups, educational content on trading and more! We've gotten multiple 5 and 10x coins there, and it isn't stopping soon! Join here to find out if it's your cup of tea or not. Thanks in advance!
Let's get started!
In the first instalment to this three part series, j spoke about Looping and what to do with it. In this second installment, we tackle BAT.
Now loopring had the issue of being "exotic", so not a lot of places have support for it. Well, BAT isn't exotic at all, and is available widely on exchanges. So let's see what you can do with yours.
1. Stack it and hold
Really that simple. I believe that BAT holders would be handsomely rewarded very soon. BAT has a few resistances to break, but ultimately should be free of the $0.30 curse before the end of the year.
BAT is a unique token with some real world use cases, and great partnerships. If DeFi vapor like yam can pump, I see no reason why this should remain stable.
And it's rather easy to accumulate. If you're reading this, chances are you already own BAT or are getting BAT on Monday.(due to the fact that this platform pays in BAT). Equally, you could install the Brave Browser on your mobile and earn BAT for browsing.
In fact, Publish0x looks better in the BAT browser than in Chrome. You're being paid to make money on Publish0x. Tell me what's better than that🤓.
2. Save it
Rather than hold all day long, how about saving?
"But Max, aren't they the same thing?"
No. No they're not.
You see, with holding, you're relying on the passive earnings the coin gives to you. You're susceptible to market fluctuations, and you could lose money holding.
However, with saving, you're getting an included interest rate on your currency, much higher than what your bank gives you. This in turn prevents you from making any losses, and covers you from market fluctuations. If your APR is high enough, even if there's a 30% market dump in a year, you shouldn't lose any value while saving.
Luckily, Binance has a good enough APR for BAT in their Binance savings scheme, and Compound gives up to 6% APR at times, which is also great.
3. Invest it
Now, this is the dangerous part, but is also potentially the most rewarding. You can invest your BAT in some Uniswap vaporware. Now I do not solicit that you do this. In fact, you can and probably will lose all your money.
However, if you do it right, and you know what you're doing, vapor ware can be a sweet and easy way to make real money.
I have turned $300 into a couple k's (almost 10k at this point) investing in Vaporware on Uniswap in about one month.
I do rigorous research, but just like in the case of YAM, anything can happen. Therefore don't do this unless you have prior experience with Uniswap and exit scams.
If you need a guide, my telegram does invest in *safe* vaporware from time to time. Join us with the link above or here.
Thanks for reading! If you enjoyed the post, a like, tip and follow would be a great way to show it. Thank you all for 1600 followers! Never had that many on any platform ever.
See you soon!