Thanks to Binance and BNB, I sold 206 BNB today. The original goal was to collect 500 BNB and use the income from mining new coins to pay off the debt, but I fell at 445 BNB, not reaching 500 BNB. If I had persisted until now, I would probably have 460 BNB. Most of the money I earned this time was used to pay off the mortgage, and the remaining mortgage provident fund can basically cover it. The remaining money will go into the stock market, and I will no longer borrow money to speculate in stocks or cryptocurrencies. Borrowing money to speculate in stocks and cryptocurrencies is too painful. In the past three years, every time I got my salary, I kept the money to pay off the mortgage, and the rest was all used to pay off the loan. There was no time when I had more than 1,000 yuan in cash. You are always paying it back, but you still can't see the loan amount decreasing. I will always remember looking at the balance on the stock in August 2023, and then calculating the foreign debt owed, and finding that the assets were all negative, the feeling that 10 years of work was for nothing. I will also remember going to Chengdu to attend a classmate's wedding, and I was still watching the market when BNB fell to around 230. I will also remember when I sold all the more than 300,000 CMB in my hand at 28 to buy BNB. I will also remember that BNB made me 300,000 when I went home for the New Year, and then when I was still mining pixels during the New Year, this year was a little better. In the past, when I went back for the New Year, I suffered serious losses. I watched others laugh, and only I knew the bitterness in my heart. I will also remember the feeling of my heart being broken when 445 BNBs began to be sold slowly, and today I cleared all the BNBs, and I was still very depressed. I felt that I had lost my goal. After paying off part of the mortgage, my assets returned to this time last year, and nothing happened. I will come back to the currency circle, and I wish those who are still struggling in the currency circle to make a fortune. #BNB
Don't play with three things: contracts, copycats, and short-term trading. If you play, only play with platform coins. The longer you hold them, the lower your cost will be. In fact, due to the large fluctuations and high-leverage contracts in the currency circle, everyone should play with a defensive mindset. Just hold the coin and remember your cost. For example, each platform coin can mine new coins. Every time you mine a new coin, your cost will be reduced a little. Time is on your side. There is no shortage of opportunities in the currency circle, but there is a lack of patience. Everyone's heart is too big. When they enter the currency circle, they all want to change their fate. However, there are obviously fewer big opportunities in the currency circle than before, but there is no shortage of small opportunities. Accumulate a lot and slowly get rich. As long as you don't leave the gambling table for a day, there will always be opportunities. #BNB
Today I paid off all my consumer loans of 130,000 yuan, and I am going to pay off my mortgage of 100,000 yuan in advance, and buy a medical ETF fund of 70,000 yuan, and I will keep 8,000 yuan for rent. Now I am finally debt-free. Since my salary card can only be withdrawn at the counter after receiving black money in 21 years, I need to go to the bank to withdraw money every month after receiving my salary, and then pay off my loan or credit card. I have been in a state of having no money in my hands. This has lasted for three years. The worst was in August last year. If I took out the money from the stocks to pay off the loan, it would not be enough. I would like to thank Binance and BNB here. In fact, I am reluctant to spend these 40,000 U, because these 40,000 U can also have a return of 7 or 8 U a day in financial management. Maybe I got it before and lost it. This time I got it again, and I am more afraid of losing it, so I am doing a contraction strategy now.
In 2021, I also fully invested in HT. At that time, I cleared my position when HT was 22u. I had more than 1.2 million in my hand. Then I called my family and classmates to tell them that I had made money. I felt so awesome. After clearing my position, I was going to borrow some more money to buy a house in full. At that time, houses were hot and I had to buy a house in full. Haha, but later I plunged into the stock market and borrowed 200,000 from Jiebei. I fully invested in Tencent. March 2021 was the last afterglow of China Internet. This set lasted for more than a year. In the middle, I used credit cards to replenish my position. In the end, I sold my stocks and lost more than 1 million in the stock market. Every time I paid off my credit card after taking out my salary from the bank, it seemed like I could never pay it off. It feels so uncomfortable that I haven't saved any money after working for many years.
In November 2023, I saw BNB 240 on EuroYit. I sold my 26 yuan CMB and invested in BNB. Then I suddenly found that I could log in to Binance without climbing over the firewall, so I transferred BNB to Binance and deposited it for 120 days. At that time, I could save 500 yuan in 120 days, and the annualized return was 3.5%. Then I borrowed money from Jiebei and consumer loans to increase my BNB position. Because I had tasted the sweetness of platform coins, I was still very confident in BNB. I remember that I could buy 94 BNBs at most with 200,000 yuan, and more than 70 BNBs at least. Later, I borrowed 950,000 yuan at most, which was also quite stressful. The interest was about 7,000 yuan a month. After paying off the mortgage and interest in one month's salary, there was nothing left.If I were more extreme at that time, I would have borrowed more BNB to buy 50,000 BNBs at once, and then used the income from mining new coins to repay the loan. Unfortunately, I still lacked courage. I remember when I said I needed 500 BNBs, someone commented in the comment area that it was not an ordinary person to have 150,000 Us. Haha, at that time, it only took 150,000 Us to buy 500 BNBs. If I really bought 500 BNBs, I would have mined more than 10 new coins by now, and the income from mining new coins would probably be more than 200,000.
There are a few things that I haven’t done well in this bull market. I didn’t get 500 BNB at once. At the highest point, I held 445 BNB. In fact, I could have gotten 500 BNB with some effort, but I was under great pressure because of too much debt. Another reason that led me to reduce my position was to clear my MX and buy GT for mining. I heard someone in the comment area say that GT mining has high returns, so I cleared my MX and reduced my BNB. I bought a total of 5,000 GT and started GT mining. The returns were really too low. This operation caused a crack in my Taoism. Then BNB fluctuated in the middle and fell to around 500. Later, when I saw BNB rise back to 580, I slowly reduced my position. Now I only have 260 BNB left.
I know that my own bull market is over, because it is basically impossible to reach 500 BNB in this bull market. I will not increase my BNB position after mining and selling the new coins. I plan to eat the new coins from the head to the tail. That is, after selling the new coins, I will short the new coins that have been listed on Binance for a month. I will short each new coin a little bit, without stop loss, without looking at the K-line, and start shorting from ACE, because ACE is the first new coin mining I participated in. Form a low-multiple short new coin ETF. Why do you want to short the new coins? First, it is to hedge BNB. If the new coin rises, it means that the value of BNB is greater, which is indirectly beneficial to BNB. If BNB falls, I think the new coin will not be much better. Second, the market value of the new coin is too high. Since I started mining ACE, no new coin has a total market value of less than 3 billion US dollars at the opening. What is the concept of 3 billion US dollars? My company now has more than 2,000 employees, and it has not yet gone public. After going public, it will not have a market value of 3 billion US dollars. The projects of these new coins will take at most three years to develop, and they will have a market value of 3 billion US dollars right away. I don’t know how many developers there are for these projects, how many lines of code there are in the project, and how many servers it is deployed on to run. Third, there is a large amount of new coins that need to be released after listing. If the circulation of new coins is 10%, it will be released to 30-40% in the short term. I don’t believe that those investors and team members are willing to take the new coins to grow with the project. They are the biggest driving force for the price drop. In fact, people always have to save something valuable for themselves. At this stage, I think stocks with higher dividends are good. If the new coins in Megadrop have good returns, I will also take out part of the returns to buy some property stocks. The prices of property stocks in Hong Kong stocks have fallen a lot, and the dividends are also good. I will slowly collect
After experiencing the big drop on April 12 and 13, I felt that making money was not as easy as before, so I reduced some positions and repaid most of the loans. Now I regret reducing my positions and repaying my loans, because I found some basically risk-free arbitrage methods. In fact, when the market was good at the beginning of the year, the USDT current interest rate of BNB could reach more than 20%. The highest interest rate for my loan was Jiebei, with an annual interest rate of 11.6%. The lowest consumer loan in the bank was 3.6%, and the highest was 9%. At the highest time, I borrowed a total of 950,000, which was almost all the banks with quotas. Now I still owe 130,000 that I haven't paid off. In fact, I don't have to pay it back to this level. It's hard to bear. It is easy to encounter a bull market. If you only hold USDT, you can still participate in some higher-yield products. After deducting the loan interest, you can get an annualized return of about 8%. Some second-tier exchanges such as Gate and Bitget have some products that use USDT to participate and achieve a return of 16%. After deducting the interest, you will get an 8% return. If you use 500,000 to participate, you can get more than 3,000 yuan a month. Some people may think that using 500,000 to earn more than 3,000 yuan a month is too little, but using USDT to participate is basically risk-free. Regardless of the exchange rate, if it is your own 500,000, you can get more than 6,000 yuan a month, which is equivalent to an ordinary person’s monthly salary. Now if a person has a slightly better credit, he can still borrow hundreds of thousands of dollars from various consumer loans, but there are several risks: 1. The biggest risk is that you may not be able to control your hands and use the hundreds of thousands of dollars borrowed to open contracts or buy other coins. This way of playing can only hold USDT, do not buy other coins, not even Bitcoin, let alone open contracts 2. The probability of second-tier exchanges running away is relatively small, especially in the bull market 3. When you withdraw money, you encounter black money. In fact, since you are borrowing money, you will repay the money immediately after withdrawing money. Even if you encounter black money freezing, it will only make your card unusable, and there is no money to freeze it 4. Exchange rate fluctuations. It feels that as long as you deposit money when the market is good, the exchange rate premium will be less.
In fact, you can find some soup to drink in this market, but you are afraid that your heart is high and your life is thin. At this time, borrowing money to buy coins, whether it is buying Bitcoin or altcoins, or even playing contracts, it is easy to capsize. At this point in time, it is good to earn some capital preservation income.Don't just learn to do it just because I borrowed nearly 1 million. I bought BNB for the first time at the end of November 23. At that time, 200,000 RMB could buy 94 BNBs. How much can 200,000 buy now? Now I think the bubble of new coins in the currency circle is particularly large. Although I am a holder of BNB and a beneficiary of the new coin bubble, I still have to say that the new coin bubble is particularly large. The total market value of a new coin is at least 20 billion RMB. I don't know what 20 billion means, but I know that a chemical plant in my hometown covers an area of more than 1,000 acres, and three or four thousand people work in it. The holding company of this chemical plant has a market value of only 8 billion RMB in A shares. At present, everyone is immersed in the bubble and cannot extricate themselves. BNB is also built on the bubble of many new coins. It's just that everyone is unwilling to think about it now. When the bubble bursts, you will find out why you chased the coins that were overestimated at the beginning.
If BTC is above 65,000 tomorrow, it will be settled into USDT. After settlement, there will be 40,000, and 1,200 will be placed in financial management. Now USDT financial management is too low, with an annualized return of only 3%. Otherwise, it will be kept in it to earn interest. So these 41,200u are prepared to buy 10 BNBs, spending 5,800u, and there are 35,400u left. If it is sold at 7.4, it will be 262,000 yuan. After paying off the consumer loan of 130,000 yuan, there will be 132,000 left. After paying off the mortgage of 100,000, there will be 32,000 left. I am ready to buy some property stocks in Hong Kong stocks.
In fact, the way to maximize the benefits is to continue to keep these u in Zhima Exchange. If you have more than 40,000 u, you will be VIP5 and can participate in some new coin mining. According to the annualized return of 3%, the interest of 40,000 u a day is 3.3 u, and then new coin mining, an average of 2 a day, each of which has a return of 2 u, that is 7.3 u, which is 1,600 yuan a month. In fact, it is not bad. After calculating this, I hesitated again. I don’t know whether I should sell it? The currency circle is really intoxicating. It’s too easy to make money, and people are reluctant to leave. Decide whether to sell or not. If you make money, you should take it out to improve your life. Paying off the mortgage in advance can also be regarded as improving your life.
At most, I held 455 BNB. I was originally working towards 500 BNB, but the debt pressure was a bit too much. The largest amount I owed on Jiebei consumer loans was 900,000. After paying back a little, I still had more than 700,000 left. The monthly interest was more than 6,000. Then in early April, I heard that Sesame Mining had high returns. At that time, Matcha began to require real-name authentication for spot trading, so I cleared my MX position and sold part of my BNB to buy GT for mining. At that time, I bought GT because GT had fallen a lot from its highs. Then the comments said that GT mining had high returns, so I bought 5,000 GT. The GT trading depth was completely unacceptable. If I wanted to buy all 5,000 GT in a short period of time, I could increase GT by 2%, and then upgrade to VIP5 to start mining. However, the returns from Sesame mining are the lowest among several exchanges. It is not recommended to buy GT specifically for mining. Although new coins are listed frequently, sometimes the return from mining a new coin is only one or two U. This reckless operation shattered my determination to collect 500 BNBs. Plus, I was even more afraid of losing them after getting them, so I slowly reduced my BNB holdings and started repaying my loan. Now I only have 130,000 yuan left to repay. After repaying it, I will have few days without debt in recent years.
In the future, BNB mining income will not be added to BNB. I will take out the income and add it to the property stocks in Hong Kong stocks. I will also buy some medical ETFs. As for why I don’t add BNB, it’s because nothing lasts forever. Everything is cyclical. Now everyone is immersed in the bubble of the currency circle. It is impossible for Binance to have a total market value of more than 20 billion yuan for each new coin it issues. There are not so many leeks to be cut. Sooner or later, there will be a day when the issuance of new coins will be slowed down. In addition, many cottages have fallen 50% from their highs to now. I don’t know how I feel when BNB adjusts 50%. As for buying property stocks and medical ETFs, I just think they have fallen a lot, and the dividends of property stocks have exceeded 6%. If I buy them, I will lose time. I made money in this bull market, and I just want to keep it. I admit that I am not as firm and pure as before in holding BNB firmly, which disappoints those who follow me. #BNB #GT #MX
Everyone comes to the cryptocurrency circle thinking of changing their fate, but after the plunge in the early morning today, they may find that it is not so easy. In fact, there are many opportunities to make money in the cryptocurrency circle, but it is just some small money. Everyone is too ambitious and looks down on it. Even if there is a big drop today, the USDT current account investment has an annualized return of 7.7%, and the USDC has an annualized return of 9%. This is still the return of current account investment. According to yesterday's news, the three-year and five-year treasury bonds were sold out in a few minutes. The three-year yield is 2.38%, and the five-year yield is 2.5%, which is far worse than the USDT yield. Here are some financial management methods with very low risks. Note that these financial management methods are based on USDT. 1. It is the current account investment of stable currency, that is, in the current market, basically has an annualized return of about 10%. If the market is very good like after the Chinese New Year, there is an annualized return of 25%. The advantage of this is that the current account can be withdrawn at any time, with basically no risk of loss, and no need to worry.
2. Use lending platforms to mine. For example, BNB can be used to mine new coins. There are other exchanges that can borrow BNB, and the interest rate is very low. I saw that the annualized interest rate for BNB lending on an exchange is only 3%. You can transfer USDT to this exchange, borrow BNB, and then transfer BNB to Binance for mining. After mining or when mining is almost finished, transfer BNB back to release the pledge. There are wear and tear of transfer fees and interest wear and tear, and there may be a risk of forced liquidation, but the possibility is relatively small, and this kind of income is relatively high.
3. If your USDT is in current account management, and you encounter a big drop in the early morning of today, you can withdraw USDT and invest in dual currency of BTC. For example, BTC fell by 5% in the early morning of today, and other currencies fell by more than 10%. This is also a big drop. At this time, you can invest in 1-day dual currency win on the basis of a drop of about 2%. At this time, the annualized return can generally exceed 100%, because BTC has fallen a lot, and the possibility of further decline is much smaller, so it is very likely that you can get this interest in the end. This is what I did this time. When BTC fell to about 66,600, I bought 1-day BTC65,000 dual currency win, and the annualized return rate exceeded 200%. Of course, it is not impossible to fall to the price you bought, then you can only accept to get BTC, and then use BTC to sell dual currency win at a high price, and exchange BTC for USDT.
4. Another way is to trade with stablecoins. Binance stablecoins such as USDC/USDT and FDUSD/USDT do not require any fees. You can buy low and sell high. For example, if you buy USDC at 0.99 with 10,000 U and sell it at 1, you will earn 1 U. This is based on trading volume, but there is also the risk of loss. This is also a good way to train people's mentality. I tried it myself and felt that my mentality was not good, so I didn't get through this road. Of course, I wouldn't lose money. #BNB #USDT
#BNB #MX The days of mining with MX are over. When I logged in today, I was reminded to go for real-name authentication. I didn't go. This is the first time I have been reminded since I registered with Google Mail. Then I asked the customer service and they said that those who did not have real-name authentication could not conduct spot transactions, but in fact, they could. I was afraid that Matcha would close down, so I sold all the MX and exchanged them for USDT and then withdrew. Let me talk about this Matcha mining trip. In fact, I didn't mine much. I estimated that I only mined 30 MX, but the overall return was more than 40%, mainly from the increase in MX. Matcha mining has a threshold, which is a minimum of 1,000 MX, and then you have to hold it for 30 days. I think this 30 days is the biggest threshold. I have 1,420 MX for mining, and the daily income can be exchanged for 3 MX, which is 0.2% per day. Matcha lists more than 10 new coins a day, and the most on a day is 16 mining at the same time. If you reinvest, the annualized return will exceed 100%. If Matcha had a better reputation, or if it could allow mainland users to play, MX would definitely not be at this price now.
I heard that GT mining has high returns, so I also bought some GT, but I don’t know if it is high to buy it at this price now. Although it has fallen a bit from the highest point, since GT mining is calculated based on the average holding of the account for 14 days to calculate the subscription share, it will take another 14 days to truly calculate the full return of mining. This time I bought GT and I further felt the importance of Binance’s value and trading depth. If I buy GT and place an order of 1,000, the price of GT will obviously go up a little. It really has no depth.
Judging from the trends of BNB, GT, BGB and MX, the platform coins are all doing well. Among them, BGB and MX are on the way to new highs. BNB and OKB are still consolidating. GT has pulled back a bit. It’s nothing for a platform coin to do well. Everyone is doing well, which shows that the platform coin is still recognized by everyone. Even in consolidation, there is mining income, so holding the platform coin is also very good.
Later, I will look at HTX and KCS to see if I can find a good investment target.
I reduced my position of BNB today because I have to pay off my debts. The market value on the books is fictitious, but the debts are real. Paying back the money is a happy thing, but in the process of selling U, the price was originally 7.35 or 7.36, but the merchant called and said that it could only be sold at 99% or 99.5% of the total price, which was a few thousand less. Has the bull market made the merchants like this? Or I haven't sold U for a long time, and everyone has made money, so when selling U, I don't care about this little money. There is no problem with buying U at a low price, but you posted a price of 7.35, but in the end you are only willing to buy it at 7.3. I don't know when this routine appeared. When buying U, you are like a prostitute, posing in various postures and checking various flow according to the requirements. It is understandable to be afraid of black money. When selling U, it is okay to sell it to you at a low price. In the end, it is sold at a low price and is short of weight. It is really unbearable. #USDT #BNB
#BNB #平台币 Below is a comparison table of the five platform coins BNB, OKB, MX, GT, and BGB, and some of my own views on these five platform coins
Comments Mining income: MX has the highest income, but MX has a threshold. First, mainland users cannot trade on MX, and then they need to hold MX for more than 30 days, and the holding amount is greater than or equal to 1,000. Since I have never held GT, I don’t know how much GT mining income is, so I think the second is BNB. BNB mining has no threshold, 2 to 3 new coin mining per month, and BNB is invested regularly for 90 days, which can obtain an annualized income of 1.6% and can also mine. The worst is OKB. OKB does not support mainland users to mine, but Ouyi supports mainland users to trade, which is very annoying. Mining is the offensive mechanism of platform coins, and it is also the way that has the greatest effect on the price of platform coins, and it is also the platform coin attribute that coin holders are most concerned about. Deflation: I personally think that OKB is the most sincere. OKB has been deflationary since 2019, and the rules have not changed. It is to repurchase OKB through platform revenue for destruction. It can be seen from the destruction of more than 5.4% in the first quarter of 2024. Then the remaining coins are destroyed after the rules have been changed. In the past, the platform's profits were used to repurchase platform coins for destruction. Later, it may be that the platform's revenue grew too fast, and it may be afraid of destruction too fast, so it is unwilling to use revenue for destruction. The most typical one is BNB. No one can explain the current formula for calculating destruction. Anyway, the amount destroyed each quarter is about 2 million. Although MX is destroyed by 40% of the platform's revenue, I don’t know why the number of destructions is much smaller than after the rule change. The second most sincere one is GT. The amount of GT found is 300 million, and the total amount is now 130 million, of which 100 million are in circulation, and 300 million will not be in circulation. The circulation of GT has reached 100 million, so the platform income will not be used for repurchase and destruction in the future. It can only be burned as GAS fertilizer when transferring on the GT chain, but I have never heard of the GT chain. Repurchase and destruction is actually a defensive mechanism. It will not greatly increase the price of the platform currency, but it can play a good supporting role. Handling fee: I think the handling fee is the most important aspect of the exchange for the platform currency, because the handling fee is the core interest of the exchange. The exchange's concession on the handling fee can show how much it values the platform currency.The one that made the most concessions was MX. If you hold more than 1,000, spot trading is free, and the contract is 50% off. Then there is BNB. You can use BNB to deduct the handling fee and get a 25% discount. Binance definitely has more BNB than you can imagine, because it can use BNB to deduct the handling fee and get a discount, so a lot of BNB will flow to Binance. The third is GT. You can hold GT to deduct the handling fee and get a 10% discount. The fourth is OKB. OKB cannot deduct the handling fee. Only if you hold more than 100 OKB, you will get a 25% or 10% discount on the handling fee. It is only related to the quantity. The platform will not receive the platform currency, so the price of the platform currency has nothing to do with the platform's income. For example, Binance and Zhima will receive a large amount of platform currency used for handling fee deduction, so the platform's income is closely related to the price of the platform currency. Finally, I would like to comment on it, but it is not an investment suggestion. I only hold BNB and MX now. I bought BGB but sold it later. BNB has the highest market value now, 87 billion US dollars, which is already very high. However, as the leader of global exchanges, Binance accounts for 50% of all trading volume, and the BSC chain is also developing. BNB is also the most widely used, and the risk of the platform running away is also the lowest. However, due to the high market value, it is also difficult to obtain excess returns on BNB. Now BNB is also facing a lawsuit from the US SEC, and there is still a disaster to overcome. I don’t know what kind of impact it will have. MX has the highest mining income among all platform coins. Matcha mines more than 10 new coins every day, and the mining income in three days can exceed 1%. If I were to buy another platform coin, I would buy GT, because Zhimaye is an old platform, and now GT has a total market value of only 1 billion US dollars, and a circulating market value of 800 million US dollars. Moreover, three new coins are mined every day. If you continue to reinvest after mining every day, you can get a 2-fold return in a year, which is very scary. However, how long can the listing of new coins last like this? There is a question mark. The threshold for MX mining is the highest. You need to hold more than 1,000 MX and it takes more than 30 days to mine. In addition, mainland Chinese identity cannot be traded. These have stopped many people. In addition, MX has a history of beating dogs behind closed doors, so people are unwilling to go. This is also the reason why the price of MX is so low. If I were to buy a third platform coin, it would be GT. GT has the lowest market value among the five platform coins mentioned above, and new coin mining is also very frequent. The mining of new coins reaches 3 every day, but I don’t know how much profit it will make. Then, since the circulation of GT is only 100 million, it has switched to a destruction mechanism of on-chain burning. I don’t know how much it can destroy in a quarter. In other words, GT’s current defense mechanism is weaker than other coins.The fourth one to buy is OKB. I personally think that the market value of OKB for the Oui platform is relatively low, and the OKB destruction mechanism is full of sincerity. If the bull market lasts longer this year, OKB will deflate quickly, but there is basically no extra income from holding OKB. You can neither manage your finances nor mine new coins. If it does not rise or falls, it will be really uncomfortable.
#BNB #ENA I didn't expect that ENA achieved BGB instead of BNB. One ENA made BGB rise by 25%. BGB and MX in the platform currency have reached new highs, which reminded me of the BGB I bought at 0.7 near the Chinese New Year, and then sold it at 1.1. Later, BGB pulled back, and I was still complacent. After a month and a half, BGB came back again. Now I can only say that it was normal at that time. Then MX sold more than 2,000 at 0.425. I was afraid that Matcha would close the door and beat the dog, so I didn't dare to take more. Now I only have 3,000 left. I didn't know what to buy with the U I got from selling MX. I thought that the platform currency BNB was the leader and it wouldn't be bad, so I added all of it to BNB. The purchase price was 601U, which was a difference of 10,000 yuan. However, looking at the new highs of the two platform coins BGB and MX, I believe BNB will return to 600U in the future. GT reached a new high in the bull market a few days ago and has now pulled back. I think it is also an opportunity, but it’s a pity that I don’t have the money to buy it. Now Matcha and Sesame are listing new coins crazily, and you can mine every day. I just don’t know how the mining income of GT is. Now the mining income of BNB is not as high as that of FUSD mining. If it weren’t for the time being deposited, I would have to buy some GT to test the waters.
#BNB #ENA People are talking about ENA everywhere in the square now. ENA is the biggest profit from mining when BNB has increased from more than 300 to more than 500, reaching 1.5%. I am satisfied with 1%. I will directly replace ENA with BNB. If If everyone in the future has such big hair, 500BNB is promising. Although 500BNB cannot make you rich, it can make you sleep peacefully. This time ENA's new currency mining once again proves Binance's ability to create wealth, proves Binance's value, and indirectly reflects the value of BNB. BNB leads 99% of the coins on the market for five years. Why do you say that? Because BNB is deflating, the number of BNB is currently decreasing at 2 million per quarter, and it will take seven or eight years to reduce to 100 million. BNB still has practical value. When we come to Binance to trade, every transaction has to be collected. As for the handling fee, the Binance spot handling fee is one thousandth, and the contract is the multiple of your opening position multiplied by one thousandth. Use BNB to deduct the handling fee, and you can get a 25% discount on the spot, and a 10% discount on the contract, provided that you Enable BNB to deduct handling fees and the spot BNB you hold is greater than the handling fee required for this transaction. Holding BNB also earns interest on a regular basis, and the interest for holding it for 90 days is 1.6%. Finally, holding BNB can enjoy the benefits of new currency mining and dividends. These all reflect the practical value and dividend value of BNB. We can infer the value of BNB for one year. Now the total amount of BNB is 150 million, and then there will be deflation of 7.5 million every year, which is 5%, and then a regular 90-day return of 1.6% a year. Then, new currency mining occurs twice a month, with a 1% return, 24%. This combined is a 30% return. Of course, it is not worth mentioning when many people are pursuing returns of ten times or a hundred times, but this The 30% income can be calculated accurately, not those illusory ten times or a hundred times. I hold BNB, and I buy BNB every time after mining. So far, I only have 1 times the profit. If BNB is still 600u this time, I will think about reducing my position. I am relatively determined to hold BNB. Of course, After having doubled the profit, I thought about reducing my position. How many people can really get that ten times or a hundred times the profit? Of course some people will say that I am not firm enough, maybe so, I only hold BNB and MX now. This time I participated in the BNB regular deposit event and ranked 210th, and I could get 250 #PİXEL , which is estimated to be 150u, which is not bad. When I originally posted a post saying that I would have 500 BNB, someone commented below that people who can have 150,000 BNB are not ordinary people. Looking at it now, I can only say that I was disappointed at the time.
Today is the official start of the dual mining mode, both BNB and MX are mining. Yesterday I planned to buy 10,000 MX. Today I found on the Internet that some people were unable to withdraw their coins after being caught by Matcha. I was worried that the same would happen to me, so I didn’t buy it. I also sold more than 2,000 MX and withdrew my coins. When I arrived at Binance, the withdrawal was normal. Now I only have 3,000 MX left on hand. MX mining is really awesome. Yesterday I had 1,430 MX and the new coin mining income was 14u, which is a 0.2% rate of return. Then you can reinvest. If you reinvest, you will get a huge profit. More than 100%. If there were not those negative news on the Internet, I would like to sell some BNB and exchange it for MX. If I get 10,000 BNB, I will earn 100u from mining every day. Now there are only 3000MX left, so let it be mined slowly. After buying MX, you will not be able to mine immediately. You need to wait for 30 days. These 30 days have finally passed. I think BNB and MX are the most empowering platform coins, but I don’t know why GT has risen better recently. I will slowly study platform coins later. #BNB #MX
Today is the official start of the dual mining mode, both BNB and MX are mining. Yesterday I planned to buy 10,000 MX. Today I found on the Internet that some people were unable to withdraw their coins after being caught by Matcha. I was worried that the same would happen to me, so I didn’t buy it. I also sold more than 2,000 MX and withdrew my coins. When I arrived at Binance, the withdrawal was normal. Now I only have 3,000 MX left on hand. MX mining is really awesome. Yesterday I had 1,430 MX and the new coin mining income was 14u, which is a 0.2% rate of return. Then you can reinvest. If you reinvest, you will get a huge profit. More than 100%. If there were not those negative news on the Internet, I would like to sell some BNB and exchange it for MX. If I get 10,000 BNB, I will earn 100u from mining every day. Now there are only 3000MX left, so let it be mined slowly. After buying MX, you will not be able to mine immediately. You need to wait for 30 days. These 30 days have finally passed. I think BNB and MX are the most empowering platform coins, but I don’t know why GT has risen better recently. I will slowly study platform coins later. #BNB #MX
I deeply feel that the difficulty of currency speculation is like the endless river. Although I have the ambition to go east to the sea, the process is slow and the journey is difficult. However, rivers will always flow into the sea, but the ambition of currency speculation is often difficult to realize, which makes people hate you for life! BNB fell from the highest point of 645 to 495, and it lost 30% in four days. If this 30% is counted as the income from new currency mining, the income from one mining is 1.5%, and the income from new currency mining twice a month is also 1.5%. It will take 10 months to return to the high point of 2024-03-16. After 10 months, it will already be 2025. When I continued to lock up the regular income just now, 2 USDT were issued, and my heart suddenly lit up, and I immediately The 2u was instantly converted into BNB, and I invested in a 90-day financial management project. After the investment, I felt a sense of powerlessness in my heart. The 2u was nothing, but when you don’t add money to it, the extra 2u is not a big deal. Lots of living money. #BNB #BTC
Let me calculate BNB’s mining income in the next year. This can really be calculated. I calculate it based on the price of BNB600u. Assume that 1 billion new coins are issued and 50 million are used for mining. Among them, BNB mining 40 million pieces, 18 million BNB are being mined. The listing price of this coin is 3u, 4000✖️3➗1800➗600=1.1%. If 2 coins are listed per month, it is 1.1%✖️2✖️12=26.7%. If you trade 3 coins a month, the annualized return is 39.6%. If you switch to BNB every time you mine and then invest in mining again, the impact will not be big, and the income may be only one or two points higher. Frankly speaking, as the price of BNB continues to rise, mining income continues to decline, but your total assets continue to rise, and the rate of increase exceeds pure mining income, and BNB still has a 90-day period of 2.2% The annualized income shows that BNB is still a good investment target. According to the pace of mining in March, I feel that there should be three new coin mining in March. If it is more radical, there may be a fourth new coin mining at the end of March. I estimate that there will really be a fourth in March. For the mining of new coins, BNB will also break through the height of 690 at that time, because the market will feel that at least 3 new coins will be mined for BNB in April. If BNB produces four new coins for mining every month, then according to the calculation just now, the annualized income will be 53%. I feel that it is possible to exceed 1000u. I feel that Binance currently has no shortage of projects on the shelves, but it must consider the market's affordability and users' opinions of Binance. It cannot be that Binance is here to cut leeks, but it must be that Binance is here to give everyone money. If BNB wants to rise, it cannot rely solely on Binance's continuous mining of new coins to boost the market. It also relies on the emergence of new hot spots on BSC, so that everyone can not only make money by buying BNB, but also make money with other coins on BSC. I don’t know when BNB will break through the previous high, whether it will be at the end of the month or two or three months later, or if there is no hope of breaking through the previous high in this bull market. #BNB
#BNB BNB’s 90-day regular return rate has become 2.2%, which is an increase of 0.3% compared with the previous 1.9%. My regular return rate has increased by nearly 10%, which is still good, but it is different from the 90-day regular return rate at the beginning. Compared with the rate of 2.5%, it is a bit worse. In fact, I don’t care about the rate of return. The main purpose of regular deposits is to avoid blind operations. If you make a mistake in the bull market, it will be really difficult to get off the bus again, and it can avoid the losses caused by buying and selling. 100 BNB A transaction fee of 0.2BNB is required. It may be a little late to start hoarding coins now, but every coin is the seed for your future fortune. Now it is getting more and more difficult to collect BNB. I have more BNB than before, but the new coins after mining can be converted into BNB, the quantity is only half of the previous one, and it feels like ETHFI’s estimated 1% yield this time is not even there.
Let me remind you again, the first step after depositing money is to use 1% of the amount to buy BNB. The handling fee for activating BNB deduction is 25% off. The handling fee for Binance spot trading is to buy or sell once. A handling fee of 1,000 yuan is charged. For u-standard contracts, the handling fee is 10,000 yuan multiplied by the multiple of the contract you open. If you open a contract ten times, that is the handling fee of 1,000 yuan. Use BNB to deduct the handling fee and get a 25% discount on spot prices. The contract is 10% off. No matter how small the mosquito legs are, they are still meat. You can save a meal by moving your fingers.
I am really optimistic about this coin, but it is not available on Binance. It is a platform coin with a current market value of 1.6 billion U and a current price of 3.85. The daily mining dividend is at least 400,000 U and is destroyed every quarter. It is the first this year. I estimate that the quarterly destruction will be between 5 million and 6 million. Since it is a bull market, this market value is lower than the market value of each new coin on Binance. I bought 5,000 coins and wanted to buy 10,000 coins, but it was really If you can’t get the money out, forget it and sell all the stocks and funds tomorrow. Just invest as much as you can. If you don’t go all out, you don’t know how much potential you have. Try to get 10,000 coins, just like Just like when I bought BNB years ago, if I don’t do something when I meet a girl I’m attracted to, I feel like I’ll regret it for the rest of my life. Why are you optimistic about it? Like BNB, it can be mined continuously. New coins are mined every day and then destroyed by deflation. Now that the bull market is going, it will be destroyed even more. Another thing is that it does not support mainland users. I can’t imagine it. It is estimated that the day it will support mainland users’ transactions will double, which is why it is underestimated. Of course, there are some people like me who are thinking of ways to do it.
I like the platform currency because the first pot of gold was earned on HT. Although I lost all my money in the stock market, the platform currency is backed by the platform, and the platform can continue to empower the platform currency. 1. Up to now, all the old platform coins have been circulated. Even those with locked positions will not flow out into the market. There is no particularly large selling pressure; 2. Platform coins have practical application scenarios. The most common one is the reduction of handling fees. The amount of platform coins you hold can give you a discount on the handling fees, or you can use the platform coins to deduct the handling fees and give you a discount. This is a real money discount for you. . 3. Deflation. Most exchanges will use part of their profits to repurchase platform coins for destruction. In this way, nothing can be seen in one or two quarters. But if you look at it after three or four years, you will find that the circulation volume has been greatly reduced. Take BNB for example. , an average of 2 million BNB are destroyed every quarter. The total amount of BNB is now 150 million, 1.3% is burned every quarter, and 5% is burned a year. 4. New currency mining, this is a disguised dividend for everyone. The annualized income is usually more than 20%, and it is the kind of dividend that does not exclude rights and does not deduct taxes, which is much more fragrant than the dividends of A-shares.
I think newbies or people who don’t have a deep understanding of the currency circle can start with platform coins, because platform coins are simple. They don’t paint a big picture for you and say what kind of applications they want to have and what they can do in the future. It’s very simple. Whether it’s fee reduction, destruction, or new currency mining, you can check it directly from the exchange. These are all things we can see and touch. I don’t think Binance can do this well. Great, there is no separate menu to introduce BNB. Like other platforms, there is usually a column to introduce their own platform coins.The platform currency is particularly friendly to those who hoard coins. New coins are constantly being mined, so you have new funds to operate without having to add money yourself. Now the u premium is huge and troublesome.
The last point is that there are far fewer pheasant exchanges now than during the 2021 bull market. I remember that during the 2021 bull market, there were people selling exchange source codes everywhere who could help you deploy them. At least I haven’t seen any bloggers now. Taking the initiative to attract people to Pheasant Exchange, there are currently no more than 10 famous exchanges that survive, which shows that exchanges are also a scarce resource.
Let’s talk about two shortcomings of platform currency. Platform currency relies on the platform. If the platform runs away or has a thunderstorm, the platform currency will also return to zero. And now the SEC is suing CZ, which involves the platform currency issued by the exchange, which is currently the largest short-term A thunderstorm might be able to cut BNB in half. #BTC #BNB
I am really optimistic about this coin, but it is not available on Binance. It is a platform coin with a current market value of 1.6 billion U and a current price of 3.85. The daily mining dividend is at least 400,000 U and is destroyed every quarter. It is the first this year. I estimate that the quarterly destruction will be between 5 million and 6 million. Since it is a bull market, this market value is lower than the market value of each new coin on Binance. I bought 5,000 coins and wanted to buy 10,000 coins, but it was really If you can’t get the money out, forget it and sell all the stocks and funds tomorrow. Just invest as much as you can. If you don’t go all out, you don’t know how much potential you have. Try to get 10,000 coins, just like Just like when I bought BNB years ago, if I don’t do something when I meet a girl I’m attracted to, I feel like I’ll regret it for the rest of my life. Why are you optimistic about it? Like BNB, it can be mined continuously. New coins are mined every day and then destroyed by deflation. Now that the bull market is going, it will be destroyed even more. Another thing is that it does not support mainland users. I can’t imagine it. It is estimated that the day it will support mainland users’ transactions will double, which is why it is underestimated. Of course, there are some people like me who are thinking of ways to do it.
I like the platform currency because the first pot of gold was earned on HT. Although I lost all my money in the stock market, the platform currency is backed by the platform, and the platform can continue to empower the platform currency. 1. Up to now, all the old platform coins have been circulated. Even those with locked positions will not flow out into the market. There is no particularly large selling pressure; 2. Platform coins have practical application scenarios. The most common one is the reduction of handling fees. The amount of platform coins you hold can give you a discount on the handling fees, or you can use the platform coins to deduct the handling fees and give you a discount. This is a real money discount for you. . 3. Deflation. Most exchanges will use part of their profits to repurchase platform coins for destruction. In this way, nothing can be seen in one or two quarters. But if you look at it after three or four years, you will find that the circulation volume has been greatly reduced. Take BNB for example. , an average of 2 million BNB are destroyed every quarter. The total amount of BNB is now 150 million, 1.3% is burned every quarter, and 5% is burned a year. 4. New currency mining, this is a disguised dividend for everyone. The annualized income is usually more than 20%, and it is the kind of dividend that does not exclude rights and does not deduct taxes, which is much more fragrant than the dividends of A-shares.
I think newbies or people who don’t have a deep understanding of the currency circle can start with platform coins, because platform coins are simple. They don’t paint a big picture for you and say what kind of applications they want to have and what they can do in the future. It’s very simple. Whether it’s fee reduction, destruction, or new currency mining, you can check it directly from the exchange. These are all things we can see and touch. I don’t think Binance can do this well. Great, there is no separate menu to introduce BNB. Like other platforms, there is usually a column to introduce their own platform coins.The platform currency is particularly friendly to those who hoard coins. New coins are constantly being mined, so you have new funds to operate without having to add money yourself. Now the u premium is huge and troublesome.
The last point is that there are far fewer pheasant exchanges now than during the 2021 bull market. I remember that during the 2021 bull market, there were people selling exchange source codes everywhere who could help you deploy them. At least I haven’t seen any bloggers now. Taking the initiative to attract people to Pheasant Exchange, there are currently no more than 10 famous exchanges that survive, which shows that exchanges are also a scarce resource.
Let’s talk about two shortcomings of platform currency. Platform currency relies on the platform. If the platform runs away or has a thunderstorm, the platform currency will also return to zero. And now the SEC is suing CZ, which involves the platform currency issued by the exchange, which is currently the largest short-term A thunderstorm might be able to cut BNB in half. #BTC #BNB
I still had a lot of u today, and I felt a little cocky, and I was really afraid that he would pull me up. The quantity purchased has reached my expectation, but it is less than half the ideal quantity. I can start the dual mining mode in a month. I hope that the bull market will still be there by then and this coin will already show signs of starting. In fact, if there is I would still buy it if I had the money, but I am really running out of ammunition. Even if BNB falls, I don’t have the money to add to the position. I will start the dual mining mode in a month. Today BNB reached a recent high of 548, and it feels like the difficulty of collecting 500 BNB is increasing.
Now I really want to buy a coin, as if I don’t buy it, I will miss something, so I finally decided to recharge. If I don’t recharge, I may regret it. I feel that regret will be more painful than being trapped. Of course, I am also affected by this bull market now, but I still decided I did it, I rushed first while this coin still had a threshold. For the record, the current price of this coin is 3.05. The main reason is that this is an old coin and a platform coin. The total market value is less than 1.3 billion US dollars. This is lower than the value of a new coin randomly issued on Binance. Just do it and that's it. #BTC #BNB