What prospects do you think the CAKE coin has? It's worth $20 now and used to be $40 (ATH). This DEFI token is for trading and stacking. I plan to hold it (and stake it as well) and sell it for $50. What do you think is a good idea?
Of course it's a good idea, because many people use the platform from pancake, so that makes CAKE price will definitely continue to increase and $50 is an easy price for CAKE to achieve, because when the next bullrun comes, then I'm sure CAKE price can reach $50 or even more from that, therefore your choice to invest in CAKE is right.
By looking at the movement that continues to occur at this time, it is indeed the right choice to wait for prices to continue to be high going forward. I also have some of these coins to continue to maintain and see the improvement that will occur in the future.