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/biz/ - Business & Finance

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30451069 No.30451069 [Reply] [Original]

Please help a brainlet out. I bought BDP yesterday and I don't know/understand what the correct play is. I was hoping to hold it and watch numbers go up, but despite billions being locked up in this I'm down 30%. What do I do?

I have 523 BDP. Do I sell half for ETH and stake in the BDP/ETH pool, or am I too small a fish for this to be profitable? Do I just hold this for a couple of months/weeks? Someone please break down for me why holding BDP is or isn't good if you don't want to participate in staking and when I can expect it to rise.

>> No.30451225

>>30451069
Should I just sell my BDP for Serum for example and stake them in the pool? Or do I still need BDP for that somehow?

>> No.30451619
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30451619

Pls respond

>> No.30451655

Bump for interest

>> No.30451964

i have the exact same question lol

>> No.30452201

>>30451069
dont stake in the LP pool thats stupid because it will make my APY lower

>> No.30452275

>>30451069
>I was expecting number go up
No fucking shit holy fuck it’s been days there’s no fucking hope for so many of you fuck

>> No.30452297

alright guys, 100k is the new suicide stack for sentinel. just accumulate 100k and you will make a decent amount of money

>> No.30452422

Well, first of all you should have staked to get BDP for free.

But you didn't so it's too late for that.
I do think that in your current situation, your best play is what you're thinking: sell half for ETH and get in the BDP/ETH pool, and leave it there for several weeks.

realtime bdp stats:
>https://vfat.tools/bdp/

>> No.30452473
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30452473

AHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH

>> No.30452505

>>30451069
sell everything. Cut your fucking losses idiot.

>> No.30452572

>>30452422
won't the bdp go up in price once it'll start being used to farm for bALPHA?

>> No.30452706
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30452706

>>30452572
You mean this? Hasn't it already started?

>> No.30452832

>>30452706
>moon percent
this looks bullish

>> No.30452854

>>30452706
Uh, I think? An anon in another thread was telling me this first week (starting March 6th) was for farming BDP through their various staking pools. After the first week, they're apparently going to open up bALPha <-> BDP staking to farm bALPHA.