Strategies / Profit Taking
Potential strategies to reference as a quick-start guide to using the Bomb Money protocol.
The BEST way to take profit from the bitBOMB ecosystem is to farm bitSHARES using our manual farms located here and sell in small amounts. Selling the main tokens, bitBTC/bitDOT/bitADA/bitATOM should be a last resort and you will receive less if you sell these tokens below peg due to the Burn and Sell fee!
First and foremost, these strategies are only guides, please DYOR and decide which strategy suits you the best, then adapt it if needed! This will all depend on your risk tolerance, initial starting amount and activity level on the platform.
The strategies described here are intended only to illustrate how to use the bitBOMB protocol and do not constitute financial advice. Always do your own research and make your own decisions with regard to how you use bitBOMB.
The easiest way to earn consistent yields with bitBOMB is always in the autocompounding vaults. Everything they do you can do manually, but require significant time for monitoring and gas fees for every transaction.