My CakeDefi investment experience

Today, I am dropping my KuCoin trading/practising as I realize that trading consumes a lot of time. Plus, the exchange I am trading with is USDT or Tether coin. And based on my research USDT is a scam exit waiting to happen.

So tonight I get out all my coins from KuCoin even with probably $100 lost. I converted 50% to Bitcoin and 50% to DeFi. I then added these coins to my account. Then from my CakeDefi I allocated them to Bitcoin-DeFi liquidity mining. The remaining DeFi coins that I cannot use on BTC-DeFi mining I put into Staking.

For those who do not know, liquidity mining and staking are both processes at which you can get a passive source of income with a small risk of losing all your allocated coins as well. If you want to .

Jun 20 10:12pm

• Added 0.00961296 BTC (~Php 15,897.10) and 120.48071961 (~Php 15955.92) Defi coin to liquidity mining

• I added 5.95026879 DeFi coin (~Php 790.72) for Staking

— will update this post in the future