🤔 APR or APY 🤔 ▶️ APR stands for Annual percentage rate | Richie on Binance Square

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🤔 APR or APY 🤔▶️ APR stands for Annual percentage rate and shows the actual annual (yearly) rate of return without compounding interest
▶️ APY stands for Annual percentage yield and reflects the yearly earned interest + compounding interest.
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Gm everyone, As your capital grows, the risks you are taking should be reduced along the way! Why would you continue to take huge risks? Focus on capital growth instead of how many times you can flip your entire portfolio, just a friendly advice 👍 #BTC☀ #CryptoNewss

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🔔 NO FINANCIAL ADVICE 🔔 Solana CTOs have been quite a trend recently. While most of them went down the drain, a few are still up and running well. One I found is named $dubcat . When you look to its chart you might see that it never really dipped since it was launched about 10 weeks ago indicating that this CTO project has a strong diamond handed community. Most important when you enter a CTO project because these are still high risk high reward plays! Its currently sitting at 6MC. Will keep following to see where this one ends up. Keep in mind that this is no financial advice! #mememcoinseason2024 #Solana_Blockchain

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Good morning #BinanceSquareFamily Looks like the meme mania shifted from solana to tron. Almost all popular L2 are pumping as well! Im keeping an eye on #AvalancheAVAX because sooner or later the meme hype will reach that chain as well. Next to that, its also still a great buy ATM. As always, no financial advice 😉 #CryptoMarketMoves

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🔔 THE ULTIMATE GOAL: FINANCIAL FREEDOM Why people never take profits or refuse to learn from their "non profit taking" mistakes: Its about a dream many have. The dream is called "financial freedom". If they take a profit but its not sufficient to set them "free" they are selling their dreams. Thats how they feel it. Selling the chance to reach that ultimate goal. In life we need dreams, dreams can motivate you, they can really push you and even help you through rough times. Just dont let your dream become an obsession because it might just be that its never gonna happen and you will regret what you missed out on due to your created obsession with that one life goal. Keep in mind: You dont always need to hit a homerun to reach the homeplate! #BinanceTurns7 #BinanceSquareFamily

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🔔 GOLDEN INVESTING ADVICE When you invest in a presale or seed or any early round, always consider your money lost! It prevents disappointments and will make sure you never invest too much into one project. It will make you better at risk management because you never overexpose. Many people invest way too much of their portfolio into presales, new projects etc and hope for that 100X returns. Reserve a % of your portfolio for playing those kind of projects. Always keeps you safe and makes sure you always have skin in the game instead of risking it all. #BecomeCreator #MarketDownturn #BinanceTurns7

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