How to Use PancakeSwap for Passive Income (Staking + Yield Farming)

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  • Опубліковано 28 гру 2024

КОМЕНТАРІ • 106

  • @MoneyZG
    @MoneyZG  2 роки тому +18

    Scammers are in the comments!! I will NEVER EVER contact you!!
    OFFICIAL DISCORD: discord.gg/f7UNeqCZHn
    MoneyZG Crypto Course: moneyzg.academy

    • @aiviszenovics1
      @aiviszenovics1 2 роки тому

      In Twitter there is scammers who act like you and financial advisors. Similar nicknames.

    • @rendrarenaldy8174
      @rendrarenaldy8174 2 роки тому

      My token stuck in the dapps, sucks right? 🗿

    • @glenncuizon3227
      @glenncuizon3227 2 роки тому +1

      Sir can you give ma a link of pancakeswap

  • @sherrieffbey235
    @sherrieffbey235 2 роки тому +31

    It seems like this is what the banks were doing all these years while we get the scrapes. Excellent video James

  • @shaneconner8450
    @shaneconner8450 2 роки тому +13

    Really good explanation. A couple of things to point out for those new to yield farming and enticed by the high APY pools. Do keep a close eye on them as often there is a lot of interest at token launch and then the trading volume (and APY) drops away significantly. Absolutely nothing wrong with that, but manage your funds actively.

  • @MrBod4life
    @MrBod4life Рік тому

    This is the best video explaining how to invest in Liquidity pools yet! thank you man

  • @cryptotrend20241
    @cryptotrend20241 2 місяці тому

    I appreciate the real-world examples you provide.

  • @marionforge2769
    @marionforge2769 Рік тому

    my new favorite crypto content channel

  • @AurélioCunhaCavalcante
    @AurélioCunhaCavalcante 2 місяці тому

    The visuals you used in this video made it even better!

  • @doright8355
    @doright8355 2 роки тому +4

    Great explaining. I hope someone will do a comparison between the pro and con about Liquidity Mining vs. The Wheel Strategy stocks options.

  • @odesamusic
    @odesamusic 2 роки тому

    Can you only take the money out after a year? Or do they do weekly?

  • @WealthTransferTC
    @WealthTransferTC 2 роки тому +1

    I didnt see a shibaswap video. U plan on making one?

  • @yosh1don
    @yosh1don 2 роки тому +1

    Been waiting for this vid.👍🏻👍🏻

  • @juipoi3804
    @juipoi3804 8 місяців тому

    Hi james sorry if this is a silly question im new to crypto and wanted to know, when you provided liquidity are you basically selling your tokens

  • @tobywebb6452
    @tobywebb6452 2 роки тому +9

    Great video, Im going to try and do this with the looping as you describe, thank you 👍 could you do a similar video for the Terra. Eco system please, it’s very confusing!

  • @badboybootz8
    @badboybootz8 2 роки тому +2

    My brain can't wrap around any of this. It's like you're speaking chinese

  • @الخٌلاصة-غ2ض
    @الخٌلاصة-غ2ض Рік тому

    what is the mening of yield boost

  • @alfredoLaliga
    @alfredoLaliga 2 роки тому

    Do you know if the the extend function is working ? It seems that i can not extend the lock duration

  • @victortepurei1023
    @victortepurei1023 2 роки тому +1

    Awesome well informed video as always 🙏🏽

  • @AABIRONAIRE
    @AABIRONAIRE Рік тому

    how to create ur own pool on pancakeswap..any video on it?

  • @RIGHTOCRYPTO
    @RIGHTOCRYPTO Рік тому

    Can you stake all lp token . Got usdt/dai and I cannot find the pool?

  • @big_nathan
    @big_nathan 2 роки тому

    Great video, best explanation of impermanent loss

  • @whoami3146
    @whoami3146 2 роки тому +1

    if i have cake tokens, could i just stake in the pools to earn the ~70%? the liquidity pools seems too complicated

    • @denaco
      @denaco 2 роки тому +3

      yes but the new pools are not 70%. new flexible pool is only 12% so do the locked pool which is 240% but locked for a year. the % will go down more as more cakes are staked in the pool.

  • @froilanrivero2826
    @froilanrivero2826 2 роки тому +3

    Awesome video, very detailed thank you so much for this

  • @SuperRavithakur
    @SuperRavithakur 2 роки тому +2

    Please show the other side also. What if the future price goes downwards and not upwards. Because that is the case which would happen mostly. The losses would be far more.

  • @trevorsawyer4495
    @trevorsawyer4495 2 роки тому +1

    So im curious, u showed eg. Bnb at 400 and future price of 480 and higher and showing the impermanent loss so i guess that means yur losing whatever the impermanent loss is from your return of 10% LP's APY but havent u gained like 20% from just owning the stock and it jumped 400 to 480
    And the other thing i didnt see is what happens when instead of going up what happens when bnb starts at 400 and in future its 300 does that give u an impermanent profit instead of loss so ud make the 10% from yur pairs LP plus an impermanent profit so even though the coin lost 25% from 400 to 300, yur getting 10% from LP and (X amount of %) impermanent profit or gain or is that not right

  • @7mikeraj
    @7mikeraj 10 місяців тому

    God bless! Very helpful 😅

  • @barry4333
    @barry4333 2 роки тому

    great vid zg...thx for that

  • @LuchadorMasque
    @LuchadorMasque 2 роки тому

    so what happens if the value decreases?

  • @cryptoblockmanagement2058
    @cryptoblockmanagement2058 2 роки тому +15

    Sorry guys I don’t get what’s the point of yield farming. Impermanent loss happens when the coin increases in value. Why not just stake the coin accepting a lower return and if the value of the coin increases then capitalize on appreciation

    • @double.r800
      @double.r800 Рік тому +2

      Correct, it’s not even worth risking impertinent loss on such small returns from the apy

    • @wapytech9865
      @wapytech9865 Рік тому

      You’re right bro tooooo much risk

    • @TheSilvercue
      @TheSilvercue 10 місяців тому +2

      You have to chose the pairs carefully. I do this on Cardano. I have about 8 pools I provide liquidity too. I have each set up with calculations to look at my impermanent loss. I also only do it to pools that have yield farming too. Especially if they have double rewards.. Some are showing some IL on the value of the tokens but it is more than made up by the rewards. Every pool I have ever done has made lots of profits, way out stripping any IL.
      However, you want to avoid a very large MC and a very small MC that could explode in price as this is where IL will hurt you more,

  • @kylethompson9833
    @kylethompson9833 2 роки тому

    Does this only apply to LP rewards?

  • @int-64
    @int-64 9 місяців тому

    Good explanation

  • @joeking5215
    @joeking5215 2 роки тому +3

    So how do you make $25 per day as your video picture states?

  • @dr__ey
    @dr__ey 2 роки тому

    thank you so much for this!!!

  • @Getlost55
    @Getlost55 2 роки тому +2

    I still don't understand why you would farm for a lower percent as opposed to staking which is lower risk and higher APY?

    • @LadyBoru
      @LadyBoru 2 роки тому +4

      Staking freezes access to your money. Once you stake it, you can't taking any of your crypto out for the agreed time that could be a month up to a whole year. The compensation is higher because there is more risk.

  • @1ku0k
    @1ku0k 8 місяців тому

    Great video and explanation. Defi is moving so fast and there is so much jargon to process, it is hard to keep current. Your video helped.
    But LP stablecoins is not low risk. There is great strategic risk on choosing the wrong stablecoin. Eg. Luna UST died. BUSD has been decommissioned. Regulators may torpedo stablecoins and kill them.

  • @LuchadorMasque
    @LuchadorMasque 2 роки тому

    what happens if you never stake the LP token?

  • @ahmedshahzad8981
    @ahmedshahzad8981 2 роки тому

    If you're offered the choice of investing in paramountstaker or eternal life, how much will you deposit?

  • @rorogrumpyman
    @rorogrumpyman 2 роки тому +2

    What if the value of the coin goes down by the time you take it out?

    • @dumpfrs
      @dumpfrs 2 роки тому +2

      he literally did a whole section on impermeant loss, did you even watch?

    • @MaxPartridge146
      @MaxPartridge146 2 роки тому +8

      @@dumpfrs Yes and he never discussed the value of the coin going down. Maybe you should watch it yourself.

    • @egcozinon
      @egcozinon 2 роки тому

      u will loose money.. it's obvious

    • @victortepurei1023
      @victortepurei1023 2 роки тому

      Either way if there is a large shift in the coin difference then impermanent loss…

    • @kuyaoli8644
      @kuyaoli8644 2 роки тому

      then you wait for the coin value to go up and sell or just re-stake it on a lower fixed bracket.

  • @livinginthe80z39
    @livinginthe80z39 2 роки тому

    What does the yield boost mean?

    • @denaco
      @denaco 2 роки тому +1

      the longer you stay in, the more compounded your stake becomes

  • @winsonsiva
    @winsonsiva 2 роки тому

    Hi I forgot my Username.. How can I open my account

  • @KosherTroll
    @KosherTroll 2 роки тому +2

    how come that the APY in the CAKE pool decreased so much from 78% just a couple of days ago to around 10% today ?

  • @elisrae2884
    @elisrae2884 2 роки тому +2

    How are taxes handled for yield farming?

  • @user-tn9mc4lj8i
    @user-tn9mc4lj8i 2 роки тому

    Guys, what do you know about catcoin v2 ?

  • @SCP-5000
    @SCP-5000 Рік тому +1

    Even if I were to grant that the USDT/BUSD pair is risk free, how could a 2.23% yield compare to US treasuries right now?

  • @joe2k20
    @joe2k20 2 роки тому +6

    How much to invest to earn 25 a day? Do you need 5k to start?

    • @PìnnedbyToneVays-c6f
      @PìnnedbyToneVays-c6f 2 роки тому

      ...

    • @victoriakelz2602
      @victoriakelz2602 2 роки тому +1

      Please answer this question

    • @digithat6496
      @digithat6496 2 роки тому +3

      @@victoriakelz2602 About 11k$ to get 25$ a day

    • @MagicNash89
      @MagicNash89 2 роки тому

      @@digithat6496 which coins do you buy with those? That's a 80% APR, must be some very risky coin.

    • @MrCk1234567890
      @MrCk1234567890 2 роки тому +1

      25 bucks a day is nine grand on the year and that's after losses...tbh that just seems absurd

  • @nallapaneniram766
    @nallapaneniram766 2 роки тому

    Wonderful

  • @BrazenRain
    @BrazenRain 2 роки тому +1

    So this is essentially placing a bet on stability between two tokens. An odd sort of combination of futures contracts/options. Is there anything similar (or rather, common) in the stock world?

  • @ryomajiro7689
    @ryomajiro7689 2 роки тому +4

    Starting early is the best way of getting ahead to build wealth, investing remains a priority. The stock market/crypto market has plenty of opportunities to earn a decent payout even in a downtrend, with the right skills and proper understanding of how the market works.

    • @huiqingwangyan7247
      @huiqingwangyan7247 2 роки тому

      You are so right. I know because my advisor is able to find so many good plays. My portfolio literally went from $300k to $1.1m last year (not counting withdrawals I made) all really exciting. I guess it’s the experience and better judgement.

  • @Farhad-tork
    @Farhad-tork 2 роки тому

    You great 👍

  • @FuturestraderALGO
    @FuturestraderALGO 11 місяців тому

    Farming works in a deep bear market like now then wait for bull runs to sell out

  • @sidhu_5911_status
    @sidhu_5911_status 2 роки тому

    paramount staker is on hype right now man it's multichain

  • @Farhad-tork
    @Farhad-tork 2 роки тому

    I win in pancake lottery, I clime my ticket, but I don't receive any cake in my wallet 😕

  • @waymaker2tv931
    @waymaker2tv931 2 роки тому

    U
    God bless you for the great explanations.kip on

  • @maria_6950
    @maria_6950 11 днів тому

    Perché non si attiva traduzione in italiano 🤔

  • @rblx4603
    @rblx4603 2 роки тому

    Tom Holland is that you!??!!

  • @danieldan136
    @danieldan136 2 роки тому +2

    Cake has lots of inflation

  • @SCP-5000
    @SCP-5000 Рік тому +3

    With yields as low as 10%, why shouldn't I just buy a high-dividend stock?

  • @hammadmuhammad6538
    @hammadmuhammad6538 2 роки тому

    200% is actually a x3

  • @highty4508
    @highty4508 2 роки тому

    You look made familiar

  • @jamesroller6087
    @jamesroller6087 2 роки тому

    Another way to make money using usdt.

  • @Miklos211
    @Miklos211 Рік тому

    Shame these are only working in bull markets

  • @PrzemekHuminiecki
    @PrzemekHuminiecki 2 роки тому +1

    Your math doesn't WORK :) if you loose 25.4% you need 34.1% to gain from LP that is huge difference.

  • @Juozapmack
    @Juozapmack 2 роки тому +1

    U have only 100usd lmao

  • @WillisWaisyana
    @WillisWaisyana 11 місяців тому

    very excellent brother

  • @johnbeck3668
    @johnbeck3668 2 роки тому +38

    • @joelwagnerii3276
      @joelwagnerii3276 2 роки тому

      pls, how do i get Floyd ?........

    • @johnbeck3668
      @johnbeck3668 2 роки тому

      MrFloydJ....VIA TELEGRAM>....📧...

    • @clarkwest3710
      @clarkwest3710 2 роки тому

      MY favourite TA man, ALWAYS on the ball, honest to the point........>....

    • @jefftucker6649
      @jefftucker6649 2 роки тому

      His training program has been insightful, and I must say, I'm most honored to have been part and a full-time beneficiary of his daily signals. I have been growing monthly & have been able to increase my portfolio from 1.5BTC to more than 4.5BTC with his daily signals..........>..

    • @7466ypb
      @7466ypb 2 роки тому +2

      🚫 SCAM ALERT 🚫

  • @shittman3919
    @shittman3919 Рік тому

    You are a weird mix between Lionel Messi and Tom Holland

  • @alanfelch4063
    @alanfelch4063 2 роки тому +58

    This

    • @7466ypb
      @7466ypb 2 роки тому

      🚫 SCAM ALERT 🚫

  • @deepakrv8705
    @deepakrv8705 2 роки тому +1

    If you're offered the choice of investing in paramountstaker or eternal life, how much will you deposit?