Binance and Cristiano Ronaldo have announced a multi-year exclusive partnership with NFT to launch exclusive #NFT collections in June 2022. The global exchange has teamed up with soccer legend Cristiano Ronaldo to introduce exclusive NFT collections on the Binance NFT #trading platform. Binance users in certain countries can also use Binance Pay to buy NFT collections. The partnership will give soccer fans around the world access to limited-edition NFT collections.

The ForeverCR7: The #GOAT collection serves as a tribute to Ronaldo's impressive record of scoring 838 goals and presents collectors with a selection of 20 designs. The second NFT collection will be released July 3, 2023. The first series of the NFT collection was launched on Nov. 18. Now, according to Ronaldo's latest announcement, the second series is set to launch July 3.

For Azuki's holders, the mint window was only for 10 minutes, many didn't have time to mint.

Some of the #Elementals look almost like the original #Azuki .

Making a mint price in 2 ETH with such art and without previews, is that 🫣

Binz Holders had little chance for a mint, and now they are priced at 0.67 eth.

The price of Azuki also suffered well, from 17 to 9.7 eth.

How to distinguish Elementals from Azuki now, one painting after all. Yes, you can't confuse ravenous Elementals, but what to do with kommonkas.

Like I said in my previous post, it's easier to double your capital in low-marketcap coins than in #bitcoin and #Ethereum . As a trader, you must learn how to allocate some percentage of your portfolio to these kinds of coins.

Below are some low-marketcap coins with the potential to turn a $50-100 #investment into $200-1000:

Key: It has just $32 million in market capitalization, and 88 percent of the maximum supply is already in circulation.

Cream: A decentralized lending platform with a market capitalization of $31.9 million.

NKN: A new kind of network has just $81

million in market cap. 

Mask

Data: having just $24 million in market capital.

I'M JUST TAKING THE FIRST STEPS, SO I ASK THOSE WHO KNOW THE TOPIC NOT TO JUDGE ME! I'm talking about my experience and thoughts, and first and foremost, it's about binance!

So, what was my goal? I wanted to get a constant income, an endless amount of money, which could allow me to live not poorly ☺️ Fancy dreams, but cryptocurrency helps to make them come true!

Arbitrage is when you buy one currency profitably and exchange it for another.

But the site also has a difficulty, due to the fact that ether left and appeared ether classic, or rather many currencies were already there, they just were not popular. It is impossible to sell them, first we change to known currencies, then from the spot wallet you need to transfer to deposits and only sell. It shows the growth and decline of coins, of course to understand a girl, even without experience is quite difficult. But I realized that when the green bar is displayed with the growth, it means that it is profitable to change this coin, so I bought ether, I had 1800 hryvnia in a coin, buying ether, I received already 2500 hryvnia in coins. I think that it is profitable, but unfortunately Ether has lost its positions again. So I will wait when will go to growth. They have already imposed many sanctions, I am glad that Russian assets still work.

Many situations in my life pushed me to the point that one should always have financial independence to be able to help oneself in case of sudden health deterioration or any problems in life.

I managed to earn a small capital, and then there was a question of how to store and multiply it. I had to be clever, to study all sorts of brokerage accounts, etc. And then I came up with the idea of taking a risk and getting to know cryptocurrency.

In 2020, the cryptocurrency #market saw a new wave of ICOs, powered by the excitement around decentralized finance (DeFi). Many related coins went up by hundreds of percent immediately after the initial sale, such as Polkastarter. But there are other examples when the price of assets fell many times, sometimes tens of times, after the token #sale .

In order to make money investing in new tokens or at least not to lose money on it, it is important to choose promising #projects correctly. Famous representatives of the cryptoindustry told us how to do it and what to pay attention to.

Development team 💡They must have knowledge, experience and understanding of the market, this is an important criterion, warns Sergey Troshin, head of the data center Six Nines. As an example, he cited the project of Pavel Durov, whose team was largely the key to the success of TON and helped to attract investment. Although the project was closed due to the ban issued by the U.S. court.

White Paper💡 Troshin advises to study White Paper when choosing projects. A promising startup must have a detailed documentation. It should clearly describe the task that the developers are solving, and cannot, for example, consist of only two pages: it is a longer document.

It is important to study the background of the project team and who is behind it 💡This advice from EXMO Exchange Development Director Maria Stankevich. She also named a few other important parameters.

🎯Determine how interesting and promising the idea is.

🎯Check the MVP - a minimum working prototype.

🎯Check the execution of the roadmap. It is important to understand how the project is progressing, whether deadlines and deadlines are being met.

🎯Get to know the project's community. Examine the general information field around the startup and see how threads are maintained in the specialized forums.

🎯Determine the market value of the project. That is, understand whether the market really needs it and whether it will be useful.

Segmentation and uniqueness

Evaluate the market segment to which the project belongs. This was the recommendation made by Viktor Pershikov, lead analyst at 8848 Invest. He said that projects relating to fintech, logistics and cloud solutions are in demand at the start. This is evidenced by the direction of the flow of venture investments in 2020.

"In the fintech sector, companies providing debit cryptocurrencies, custodial services, online wallets, and decentralized #exchange (DeFi) are worth paying attention to," Pershikov believes.

According to him, it is necessary to invest in projects from sectors that are in demand among venture capital and institutional investors. This is the foundation for medium-term growth in the price of tokens, not just a local spike after listing on exchanges.

The uniqueness of the project and its viability. These parameters of a successful project were named by private trader Alexander Boyarintsev. Among these parameters he also considered the liquidity of the tokens. In terms of trading volume, a promising coin should be close to cryptocurrencies included in the top 50 by capitalization.

Boyarintsev advised to buy tokens before they are added to trading floors, before the price rises. After listing, it is difficult to make money investing in new coins, the trader stressed.

Stankiewicz has a different point of view. Of course, you can buy new tokens cheaper before listing on exchanges. But it's better to wait for the project to appear on trustworthy trading floors. Before adding assets, they conduct a thorough analysis, assess possible risks, and study the startup's activities and financial situation.

"There are certainly advantages to buying a coin at an early stage - first of all, the low cost. But we recommend waiting for a listing on medium and large exchanges, as such exchanges usually have a rather complicated due dilligence process," Stankevich explained.

Troshin took an intermediate position. He believes that if a trader is lucky enough to find a project with great prospects, but the goal is speculative, it is better to buy tokens at the ICO phase. If we are talking about long-term investments, it will be more effective to wait for the launch of the project first, and then buy coins after their value decreases.

In mid-September, Qiao Wang, a former product manager at analyst firm Messari, called DeFi tokens "the investment opportunity of the decade. He believes that not taking this chance is like not buying bitcoin in 2013 or Ethereum in 2015, even though there is a lot of "junk" in this industry.

👉🏻That's why it's crucial to choose projects that develop a real product and have a fundamental basis for growth.👈🏻