Post
Topic
Board Altcoin Discussion
Re: Passive income
by
FinneysTrueVision
on 04/08/2021, 01:06:50 UTC
CAKE is a good coin with high ROI. They are always adjusting the emission rate so after one year you might not have the returns you were expecting, but with $5000 to invest I think you should have no problem making a couple thousand dollars as long as the price doesn't have a significant decline.

I personally don't currently own any CAKE because I mostly hold BTC and the only DeFi tokens I own offer higher returns but with greater risk. In the past I have held CAKE for staking and I still believe in it's potential.