šHere is a tutorial on how to get up to 1200 coins of $1MBABYDOGE
You can get up to 1200 memecoins $1MBABYDOGE , with just a few clicks. Here are the steps in case you're interested: 1. Copy and paste this link into your browser: https://safu.im/TxGPLme0 2. Click to open 3. Invite your friends so they can open the envelope too (for each friend you invite, you will also receive an envelope).
This campaign is official from Binance and is available every month. If you have any questions, you can ask me in the comments.
šš¢ Binance gives us the opportunity to earn money with no risk again
There is nothing better than being a holder of BNB and Binance announcing a new Launchpool where we can earn rewards easily and securely. If you are a beginner, let me explain how it works: Launchpools are basically campaigns where we can lock our assets and receive rewards in return. The coins we lock can be redeemed at any time, or, if we prefer, we can wait until the Launchpool period ends. At the end, the locked assets are automatically returned to our account, along with the interest generated in the Launchpool currency.
Binance has announced a game on Telegram with a reward pool of $4,000 in BNB
Binance has announced a game on Telegram where winners will share rewards from a pool of $4,000 in BNB. To participate in the game, you can access it directly from the official Binance Telegram channel or through the "Christmas 2024" campaign page:
ā¢ The game consists of typing "Throw" to earn points. You can only type once every 4 hours and you need to accumulate 5 points to receive part of the reward. Here are the more detailed instructions:
Over the years, the crypto market has shown repetitive patterns of rapid rises (bull markets) and falls (bear markets). These cycles are influenced by factors such as:
1. Bitcoin Halving: Every four years, the reward for mining Bitcoin is halved, which has historically marked the beginning of significant price surges.
2. Technological adoption: Advances in blockchain technology and mass adoption can drive cryptocurrencies.
New investors enter the market due to "fear of missing out" (FOMO).
Weaker projects also tend to gain traction, increasing the risk of bubbles.
š Bear markets: A period of correction or prolonged decline in prices. An ideal time to research and accumulate quality assets at low prices.
Keys to take advantage of the cycles: 1. Diversify: Don't bet everything on a single asset. 2. Think long term: Invest in projects with solid fundamentals and real use cases. 3. Learn from the past: Observe how Bitcoin and Ethereum have regained their value after bear cycles. 4. Avoid panic: In a bear market, patience can be your greatest ally.
Everything in the world is cyclical, and cryptocurrencies are no exception. If you understand this pattern, you can increase your profits and avoid many losses.
In the case of Bitcoin, every 4 years an event called halving occurs, which halves the rewards for mining and marks the beginning of a new cycle. This cycle can be divided into four stages:
1. Bear market: After reaching a peak, prices fall drastically for months. It is a phase of fear and pessimism, where many projects disappear or lose value.
2. Accumulation: After the downturn, prices stabilize in a low range. It is a quiet period with little public interest, but experienced investors take the opportunity to buy assets at a good price.
3. Bull market: Over time, prices begin to rise, first gradually and then explosively, especially after the halving. This phase usually brings new all-time highs and attracts a lot of media attention.
4. Distribution: At the highest point, the market enters euphoria. This is when many buy driven by the fear of missing out, but more experienced investors start selling before prices drop again.
Understanding these stages is key to knowing when to buy, sell, or wait, and thus make better use of the opportunities that the market offers.
When we start in the world of cryptocurrencies, we always make the same mistake. We know the theory very well, but when it comes to practice we do the opposite.
I say this for those people who sell their assets when they see that the market is going down. I have also made this mistake many times, thinking that I would lose everything. These days we can see that the market is going down, which is completely normal, since it cannot always go up. The best thing to do in these situations is to buy or simply wait.
My strategy is to buy little by little (placing buy orders) and not all at once, to have assets available in these opportunities.
š§ How to earn 2.5$ on Binance (step-by-step guide)
Binance has launched a new questionnaire, with which you can earn 0.5 Eigen coins, equivalent to ~2.5$. Hereās a guide to participate in less than 1 minute. Steps to earn: 1ļøā£ Enter the Binance app. 2ļøā£ Go to the "More" section in the main menu. 3ļøā£ Select Binance Learn and Earn. 4ļøā£ Complete the first questionnaire that appears.
Important: To receive the reward, you must answer all questions correctly. You can retake the questionnaire until you get all the correct answers.
Binance is going to distribute an airdrop among BNB holders. And this time it is not just one coin, but two. Binance is pleased to announce projects number 4 and 5 on the Binance Airdrop Portal: Simon's Cat (CAT) and Pudgy Penguins (PENGU). ā¢ Eligible users who have subscribed their BNB in Simple Earn products between 09/12/2024 and 13/12/2024 will receive a token airdrop.
š¢ Binance has announced an exciting Christmas campaign: an advent calendar with daily mini campaigns. In total, they will distribute $990,000. Hereās what you need to do to participate:
1. Open the Binance app 2. Click on "MORE" 3. Scroll down and select "Christmas 2024"
From there, you will be able to unlock a new section each day and participate in the corresponding campaign.
With the first campaign, you can receive up to 300$ just by opening a box:
1. Enter the page of the campaign 2. Click on "Claim" 3. Invite your friends so they can also receive rewards with you.
Why do most people lose money in crypto? šø The answer is simple: they don't know how to manage risk. The excitement of winning quickly can make them forget to protect their money. This, combined with greed, is a recipe for disaster.
Risk management is key because in the world of cryptocurrencies, prices rise and fall very quickly. How can you avoid common mistakes?
1. Invest only what you are willing to lose: Never use money for basic needs or debts.
2. Diversify: Don't put everything into a single coin or project. This way, if there is a coin that drops significantly, it won't affect you as much as if you had all your money in it.
3. Use stop-loss: This helps you limit your losses if the price falls. This point is for those who trade futures.
4. Don't let greed control you: set price targets for a coin and sell that coin or part of the coins at that price. Be careful with wanting more profits as sometimes less is more and more is less.
5. Be patient: The crypto world may seem like an easy and quick way to make money, but it is not.
If you learn to manage risk and control greed, you will protect your capital and have more opportunities to grow in this world. Always remember to research before investing.
Binance has announced the launch of $VANA on Binance Launchpool. All holders of FDUSD and BNB can deposit their assets in the corresponding pool and earn rewards.
85% of the coins from the Launchpool have been allocated to the $BNB pool. The remaining 15% to the $FDUSD pool.
ā¢ If you are a holder of any of these assets, feel free to participate. The Launchpool will last for 2 days and will start in 6 hours 45 minutes. If you have any questions about how to participate, you can comment below.
šµāš«Trader Turned $2500 Into $200,000 Thanks to XRP Price Surge
An unknown trader managed to make $200,000 trading XRP. He opened a $2560 position with 500x leverage when the asset was trading at $1.9025.
š« If the price had dropped below $1.9004, his position would have been liquidated. However, the trader gradually closed the position at prices between $2.13 and $2.29, making a profit of approximately 7500%.
š Binance has distributed $MOVE tokens to all BNB holders
Two hours ago, Binance completed the distribution of the new $MOVE tokens to those who hold BNB. The truth is that the drop has been very good compared to the previous ones. How many coins did you all receive?
1. Airdrop It is the free distribution of tokens or cryptocurrencies by a project to promote itself. Generally, it requires performing actions such as following social media or signing up on its platform. 2. APY (Annual Percentage Yield) It is the annual percentage yield with compounding. It represents how much you could earn in a year by reinvesting the profits. 3. APR (Annual Percentage Rate) It is the simple annual interest rate excluding compounding. It is usually lower than the APY. 4. Arbitrage
š§ A professional analyst has been investigating two projects for over 5 years and has shared his expectations about their potential in the next bull run.
ā¢ First coin: HBAR (Hedera) The analyst bought HBAR at $0.06 and expects it to reach a price of $1. He highlights the advantages of Hedera, such as its Hashgraph-based technology, which offers high speed, reduced costs, and energy efficiency, features that could drive its mass adoption.
ā¢ Second coin: ADA (Cardano) Regarding Cardano, he bought ADA at a price of $0.30 and considers it a long-term investment. The analyst expects ADA to reach $5 before he starts taking profits. He particularly values its blockchain, which is known for being fast, economical, and very secure.
š Bitcoin has set a new ATH again and has surpassed the long-awaited $100,000 mark.
We can also see a very nice uptick at $ETH which is already at $3900. I warned you many times about ETH when it was still at ~$2000. We can now say with complete confidence that the bull run has begun.