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RE: How I Lost 7% Of My CUB From A Pool In 30 Minutes - Things To Pay Attention To

in LeoFinance4 years ago

Glad your enjoying your farming.

I've never been that clear about why impermanent loss is considered, on the whole, to be such a bad thing. It only seems to be that way if you're really attached to one token over another. If you lose on one you make on the other don't you so overall it's not such a loss.

But I'm probably missing something. 😂

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If you lose on one you make on the other

Yes, that's correct but things are not so simple. It all comes down to what coin are you interested in, which one you want to get more of.

In my case, CUB was paired with BUSD, which is a stable coin. CUB can go up in the future and it will (big time), while BUSD will never as it's a stable coin, right? So it counts, especially when you're playing with huge money, which is not my case.

If you're pairing to tokens, of which both can go up or down, you need to watch out which one can go higher and which one you want more.

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If you're pairing to tokens, of which both can go up or down, you need to watch out which one can go higher and which one you want more.

That's why I'm in the DEC/BUSD farm. I'm happy with either for now. 😊

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