🎈An article explaining what (new coin mining) is #Launchpool  

Introduction, many novice traders only open 125X contracts every day, and at most look at the spot, while ignoring many profit-making methods in the exchange.

This article will explain new coin mining in a simple way. If you understand this, you will know what new coin mining is.

📌The project token will be listed on Binance, which will benefit Binance users. The profit each time is in the range of 1.5%-3%.

📌Two perspectives of Launchpool (new coin mining)

1. Long-term BNB holders, many people asked me that every time BNB mining ends, there will be a drop. Isn’t this drop not enough to make money from mining?

Answer: As a long-term holder, you will definitely not look at short-term ups and downs.

So short-term ups and downs are psychological expectations for long-term holders. So is the so-called long-term holding until old? Of course not. When you get the position you like, you will also leave in batches. Then take it back in batches at a low level. As a long-term BNB holder, I wish I could mine every day, no matter whether it goes up or down, as long as there is a mine. 😁

2. From the perspective of short-term holders, many people complain that the profits from mining cannot cover the decline of BNB because of the possible rise and fall after each mining.

Answer: There are two ways to mine, one is to use BNB, and the other is to use FDUSD. If you want to participate temporarily, then you can basically mine without loss by using FDUSD.

ps: However, some people say that you can mine a lot with BNB. Then you say, you want this and that, or how about giving you the whole Binance? 🙄

Others say that I only have tens of thousands of yuan, and it doesn’t make sense to mine that little bit. This is essentially a logical problem. Do as much work as you can. Since your current economic level and environment are only this, why do you dare to think about how much profit you can make?

If I can't even achieve the most basic annualized return that exceeds the bank, how dare I talk about multiple times the return?

🎈Finally, let's talk about the steps, as shown in the figure below.

Everyone is speculating in cryptocurrencies. If you don't have strong exploration ability, it will be difficult to make any money.

And people can't teach people, and things can only be taught once.

When you see that everyone has dug the entire cycle, then you will also understand the next cycle.Just missed a wave of mining bulls, that's all~ #BNB