$BNB Launchpool Do you want a coin that gives you profits? A safe haven coin in the red market we are experiencing?
BNB is the answer, by staking BNB you will receive a small part of the new project: BIO
And this.
What does it have to do with the price of BNB?
To earn BIO you need to stake BNB
equal to few sales of the BNB coin
Equal to more purchases from retail investors to get more BIO tokens as a reward
Whoever tells you they did a technical analysis of the market and that you should invest in this, because they saw the money flow and show a pattern every 2 hours haha, don’t listen to them. It is true that as a good investor you need to learn to do technical analysis, but very few people know how to do it correctly, and imagine professionals make mistakes.
Now if you follow the advice of those who do technical analysis and publish it on Binance, you could lose a lot of money. Remember, you are not in the traditional market where it's easier with a technical analysis to see if the price goes up or down.
In the crypto world, the rules change; if you want to do analysis, read news and research.
The crypto world moves more on rumors and news; it is still a very new market.
And the advice I give you about BNB is not based on technical analysis and checking money flow and observing the downward pattern for an upward bounce haha, it’s simply logic. Never
Be a fanatic of any coin; reason and learn. And if you are going to do a technical analysis, remember it's complicated, you need to study a lot and understand that technical analysis in the crypto world is unpredictable; it fails many times, and you need hours to review large wallet transactions and check what they sell and what they buy.
Even if you think you have many cryptos, for example, 100,000, that does not make you a whale; whales have millions and millions of a crypto, meaning that selling or buying does not move the price of the coin.
Be smart and always invest thinking.