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To stake in Binance projects, you need to stake a certain amount of FDUSD or BNB to that specific project.
Once farming begins, you earn rewards (tokens) based on your staked amount. You can cancel the staking procedure at any time and retrieve your entire staked amount, which can be in FDUSD or BNB.
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Now the money flow will go to TAO; in the short term, other alts and BTC will be affected because people will go to sell and buy something different.
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People often think that whatever they buy will shoot up in value right away.
I made that same mistake when I was just starting out as an investor. But over time, I learned that no matter when you buy something, your portfolio will likely dip by around 30% from your average entry price in stocks, and at least 50% in crypto.
It's all part of the game, so don't fret too much. Just hang in there and be patient, because the real bull market hasn't even kicked off yet!
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ENA will easily reach $10 or even more, just have patience and wait for the Altseason; it will blow your mind.
