Impermanent loss in Defi is hitting me again
As you can see above the token of biswap is dropping like hell and I believe most of the coin is drastically dropping now. For me I truly believe this is the time for you to buy how much you able to buy and hope for the best.
But in my case the current situation is not so good as when I join this swap, I am at the 1Usd range of the price token. Now the price is dropping that means I am in impermanent loss.
With current earning and current token price, I still in loss. If I gonna need to cover I need to wait the token to be double and if the price not dropping, I maybe can earn back what I loss.
Hopefully this is worth the wait and hopefully it will back to the all time high record.
From what I see this exchange is quite good and the most important is the fees is very small for every transaction and also you can get cash back for every transaction. Let's hope for the best.
Leave Impermanent loss in Defi is hitting me again to:
Read more #leofinance posts
Best Posts From bboyady
We have not curated any of bboyady's posts yet. But you can encourage our curation team to review posts by visiting them regularly and by referring other readers. Because we give priority to frequently read content.
More Posts From bboyady
- 我帶着我的傷疤回來然後希望我的故事能讓大家共勉之
- I am back with scars and trying my best to get back up
- I BEEN CHOSEN AS...
- More and more native token in hive chain is able to provide liquidity
- 終於正式放了一個長假
- The highest stable coin APR is HBD!!!
- BSW now available in Binance Locked Staking
- BSW hitting back ATH, great news for my own portfolio
- Compound staking on BSW
- LARYNX token airdrop is LIVE!!!!