Binance Button Game is Back: Hit the Button and Countdown to 00:00 to Win 5 BNB!

GAME LINK 📤📥

Fellow Binancians,

Join the Binance Button Game and be the first one to count down to 00:00 for a chance to win 5 BNB!

Activity Period: 2024-09-18 00:00 (UTC) to 2024-09-27 12:59 (UTC)

How to Play and Win:

Visit the activity landing page. or click game link

Click the button to start the countdown!

The timer runs until a click from another user interrupts it. Each click resets the countdown to 60:00.

To win the grand prize, you must click the button and have the timer reach 00:00 without interruption.
#5BNBGame

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scan and recieve

🟢Understand leverage

👉The idea of borrowing funds on margin or futures to make larger gains can sound attractive. However, with this comes the risk of being liquidated and losing all your capital quickly, as your losses are enlarged too.

🔵Liquidation isn’t necessarily bad if you stay within your limits. However, losing more than you planned or risking too much money isn’t responsible trading. Before you start using leverage, make sure you understand exactly how it works.

🟣You may have seen leverage displayed as a multiplier like 10x, multiplying your initial capital by 10. $10,000 leveraged 10x gives you $100,000 to trade, and your initial capital is used to cover your losses. Once your capital runs out, the exchange liquidates your position.

🟣Leverage trading can be used irresponsibly. It has a much higher risk, so make sure to carefully study Coin-Margined Futures and USDT-Margined Futures to understand the risks fully.

@Looz_crypto
#LeverageRisk

Why do I need diversification?

Asset diversification is an investment strategy in which you allocate your assets in various areas to minimize the risk of loss.

If one of your coins in your portfolio starts to fall, your portfolio can remain stable (or even show profits) at the expense of other coins.

In crypto, diversification is crucial.

Since digital assets are extremely volatile, investing in just one coin can cause huge losses.

Moreover, it is recommended to diversify even stablecoins—just in case one of them suddenly collapses—you don’t lose all your money.

@Looz_crypto
#DiversifyYourPortfolio
#LearnTogether

What is play-to-earn, and what do I need to know about it?

The blockchain industry has had a profound influence on many aspects of our lives over the past few years. In the gaming sector, blockchain technology introduced a brand-new form of entertainment.

Gamers will be familiar with a modern concept of gaming, called pay-to-play, which means you have to buy the game to play. However, blockchain made possible a new gaming model called play-to-earn (P2E), where gamers can earn crypto or NFTs by playing the game.

Although the idea sounds promising on paper, the reality is that it isn’t simple or easy to earn significant sums from P2E games. Many projects require large up-front costs, others are aggressive and unfair with their tokenomics, and some are outright scammers.

@Looz_crypto
#LearnTogether

#BTC $BTC

Bitcoin has broken out of a descending triangle pattern after a period of consolidation💁‍♂️

Currently facing resistance at the ma 200, which is acting as a key barrier🔻

The ma 100 is providing support just above the triangle🔺

A successful retest and hold above the triangle could confirm a potential upward movement📈

@Looz_crypto

HMSTR Secret Airdrop: Share $30,000 in HMSTR Token Vouchers

This is a general announcement. Products and services referred to here may not be available in your region.

Fellow Binancians,

Binance is giving away $30,000 in HMSTR token voucher rewards. Complete tasks for a chance to share the reward pool.
Promotion Period: 2024-09-21 14:00 (UTC) - 2024-09-26 12:00 (UTC)

How to Participate:

Participate Now

Confirm participation on the activity page before completing any tasks.
Complete any of the following tasks during the Promotion Period for a chance to share the $30,000 prize pool in HMSTR token vouchers: 
Complete a net deposit of at least 100 USDT during the Promotion Period to get 1,000 HMSTR Points.

Check in to the campaign page daily to get 50 HMSTR Points.

You can complete this task every 24 hours.
Refer a friend to register for a Binance account, complete account verification (KYC), and deposit at least 100 USDT to earn 300 HMSTR Points.

You can refer up to 2 friends per day. This task can be completed every 24 hours.
Reach an accumulative Spot trading volume of at least $100 in USDT equivalent to get 300 HMSTR Points.

You can complete this task every 24 hours.
Reach an accumulative Futures trading volume of at least $500 in USDT equivalent to get 500 HMSTR Points.

You can complete this task every 24 hours.
Complete swaps of at least $500 in USDT equivalent via Convert to get 400 HMSTR Points.
You can complete this task every 24 hours.
Share the Promotion with a friend from the activity page to get 100 HMSTR Points.
You can complete this task every 24 hours.

Bonus Reward:
The top 100 users who complete all tasks and have the highest HMSTR Points after the Promotion ends will share an additional prize pool of $10,000 in HMSTR token vouchers.

$AVAX

Avalanche is consolidating within a symmetrical triangle pattern💁‍♂️

Price facing rejection from both the resistance trendline and the ma 200🔍

A clear breakout is needed to confirm next upward move📈

Watch for potential targets at $25.70, $28.00, and $32.50 if bullish breakout occurs✈️

@Looz_crypto
#signaladvisor

Shaping the Future of Token Issuance and Meme Coins!

The DODO ecosystem continues to innovate, bringing powerful product features that drive the evolution of DeFi and tokenization.

Let's dive into the unique attributes and use cases DODO offers:

🚀 One-Click Token Issuance: With the rise of Meme coins, this feature is a game changer. DODO’s cross-chain capability enables seamless issuance of tokens, making it accessible for creators to launch and scale their projects. The upcoming Meme platform is set to further enhance this, positioning DODO at the forefront of the Meme token revolution.

📈 Multi-Chain Integration & Traffic Surge: As the Meme sector booms, the simplicity of DODO’s one-click token issuance, combined with the multi-chain functionality, opens doors for massive user engagement. The ease of launching tokens across chains will attract creators and investors alike, fueling a surge in traffic to the platform.

💰 Support for BTCFi and Meme Coins: Features such as *self-initiated mining* and the *Pegged Pool*are vital tools for liquidity providers and asset creators. These features provide robust infrastructure, supporting the development and scaling of both BTCFi assets and Meme tokens, contributing to a diverse ecosystem of decentralized finance.

💡 DODO’s Market Potential: Backed by top-tier institutions and operating with a relatively lower market cap, DODO offers immense growth potential. Its innovative solutions, from token issuance to liquidity aggregation, place it ahead in a highly competitive space. As the market seeks efficiency and accessibility, DODO is positioned for exponential growth.With these features, DODO is not just empowering Meme token issuance – it’s redefining the landscape of decentralized finance.
The Meme sector’s explosion will soon witness DODO leading the charge!

What are your thoughts on this exciting future?

#DODOEmpowersMemeIssuance
#looz_crypto
#LearnTogether

Educational Post

What Are Index Funds?

An index fund is a type of investment fund designed to replicate the performance of a specific index of financial markets, such as the S&P 500 or the FTSE 100. These indexes represent a collection of stocks or bonds, and the index fund aims to mirror their performance by holding a similar portfolio of securities.

How Index Funds Work

Index funds typically work by holding a portfolio of securities that closely matches the composition and weightings of the index they aim to track. For example, an S&P 500 index fund will invest in the 500 companies included in the S&P 500 index, with each holding proportionate to its market capitalization within the index. This approach ensures that the fund's performance closely aligns with the index.

Benefits of Index Funds

1. Diversification: Index funds can provide diversification by investing in a range of securities within a single fund. This diversification spreads risk across different sectors and companies, reducing the impact of any single stock's performance on the portfolio.

2. Lower costs: Index funds often have lower expense ratios compared to actively managed funds. Since index funds do not require frequent buying and selling of securities by fund managers, the operational costs are minimized, resulting in lower fees for investors.

3. Consistent performance: The goal of an index fund is to match the performance of its underlying index, not to outperform it. While this means the fund won't beat the market, it also ensures that it won't significantly underperform. Over time, this can provide investors with consistent and reliable returns.

4. Ease of investing: Index funds are straightforward to buy and sell, making them suitable for both novice and experienced investors. They can be bought through brokerage accounts, retirement accounts, and various other investment platforms.
#LearnTogether #DODOEmpowersMemeIssuance

STORJ

Storj is testing the resistance of a descending channel and the ma 50 on the daily timeframe🔍

A successful breakout could lead to a substantial bullish move in the midterm✈️

Potential targets to watch: $043, $0.58, $0.75, and $0.92 if uptrend continues🎯

@Looz_crypto
#FREESIGNALUPDATE #freerewards #Signal.

$STORJ

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What Is Penny Win?

Penny Win is the crypto game that turns small investments into big rewards.

Why Play Penny Win?

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🟢Diversify your portfolio

🔵If you decide to create a trading plan, you should cover portfolio diversification to reduce your risk. Holding just one or two assets in your portfolio tends to be riskier. As such, you can diversify your holdings by investing in different assets across3 multiple asset classes.

🟣In crypto, you can begin by defining your asset allocation. You could allocate your investments in DeFi liquidity pools, staking, derivatives, stablecoins, and altcoins. By reducing your exposure to one single crypto class, you are less likely to experience big losses. For example, you may experience impermanent loss from a liquidity pool you’re invested in but offset your losses through staking gains.

👉You can then diversify within these different asset classes. For stablecoins, you could hold BUSD, USDT, and PAXG to reduce your overall portfolio risk even further. But these are just examples. There are multiple responsible ways to plan out your crypto portfolio.

Next topic 🔵 Avoid FOMO

@Looz_crypto ✅️
#DiversifyOrDie #FOMOalert #LearnTogether

🟢Do your own research

👉Do your own research (DYOR) to validate and double-check any information you find.

🟢This advice goes for both trading and investing in coins through the exchange and using Decentralized Finance (DeFi) products. Only you know best your risk profile and what’s suitable for your portfolio. Before you start investing and trading, make sure you have a good understanding of where you're putting your money.

Next topic 🔵 Diversify your portfolio

@Looz_crypto ✅️
#Dyor2024 #BTC☀ #FTXSolanaRedemption

🟢Use stop-limit orders

🟢You can easily use stop-limit orders on Binance for greater control over your trading. You can’t always be at a screen 24/7, and with crypto being so volatile, you can be left with unexpected losses. Leaving large amounts of crypto without any protection from volatility isn’t a responsible way to trade. Once you’ve set up a trading plan, you can easily use stop-limit orders to stick to it.

🟢For example, imagine you purchased 1 bitcoin (BTC) at $15,000 (US dollars), and the price of bitcoin is now $40,000. You want to make sure that if the price falls, you won’t sell for less than $30,000. This will leave you with a $15,000 profit. To automate this, you can set a sell stop-limit order.

🔵You first set the stop price to $32,000. This is the price that will trigger your limit order. You then set the limit price to $30,000, meaning your 1 BTC will sell for $30,000 or better if the stop price is reached.

👉By leaving a gap between the stop price and limit price, your stop-limit order has the best chance to fill. Without a gap, the market price could move below your limit price without filling your order.

👉Note that a stop-limit order isn’t always guaranteed to fill, but when they do, you will always get the price you set or better.

Next topic 🟢 Do your own research

@Looz_crypto ✅️
#Dyor2024 #looz_crypto #

🔴The crypto wallet does not store the tokens themselves (cryptocurrency), they are stored in the blockchain. The wallet gives access to tokens using public and private keys. There are wallets: browser, hardware, paper, desktop, mobile.

➡️Browser - provided by the developers of the cryptocurrency and works through the browser. Account data can be stored in the browser memory, which makes the wallet vulnerable to a hacker attack.

➡️Hardware - often looks like a flash drive and is designed to store access keys to the user's personal account. The wallet can be used on any computer equipped with a USB port. This is the most secure wallet.

➡️Paper - just a sheet of paper with a printed wallet address and a key.

➡️Desktop - the corresponding application for the computer. When using, do not forget about the observance of safety principles.

➡️Mobile - application for mobile devices.

@Looz_crypto ✅️

#NeiroOnBinance #BinanceLaunchpoolHMSTR #BinanceLaunchpoolCATI #FTXSolanaRedemption

🟢De-Fi, what it is and how it can change the world.

➡️Decentralized finance (De-Fi) is an ecosystem of financial applications developed on various blockchains.

➡️The goal of De-Fi is the same, to move the financial system to blockchain, making it open to the world.

What is the peculiarity of such projects?
The elimination of intermediaries, where the work of the banker is a code, as well as the law setting the rules.

The blockchain serves as a guarantor, on the basis of which the project is built.
Moreover, all relationships are built and regulated with the help of smart contracts.

➡️ As Brandon Forster, CEO and Co-founder of one of Dharma's De-Fi projects, puts it:
"The activities of any of the intermediaries are essentially code waiting to be written."

Such projects, and the crypto-economy in general, are on their way to reforming the entire financial services industry.
#looz_crypto

🟢Three important tips for buying cryptocurrencies.

➡️When choosing a coin to purchase, it's important to consider a number of criteria to make the right decision and avoid mistakes.

1. Analyze the market capitalization and liquidity of the coin.

➡️Market capitalization (or the total value of all coins in circulation) helps determine the real value of the coin.

➡️Liquidity is the ability of the coin to be quickly sold on the exchange. By relying on these indicators, you can assess the stability of the coin in the market and its ability to maintain price stability.

➡️For example, in 2019, Bitcoin, with the highest market capitalization, had a capitalization of $158.071.762.257.

2. Study the technology of the coin and its innovativeness.

➡️The technology of the coin should be innovative and target a new audience or improve existing technologies.

➡️For example, Ethereum introduced a new protocol and direction for the development of smart contracts aimed at providing decentralized and, as a result, a more secure blockchain technology.

3. Carefully study reviews and forecasts from independent experts.

➡️Reviews and forecasts from independent experts are an excellent tool for making a decision about purchasing a coin. You can rely on these factors.

@Looz_crypto ✅️
#looz_crypto #NeiroOnBinance