Why do we see many people making tens or even hundreds of times, but not so many people getting rich overnight? It's actually very simple:
1: Most people invest thousands of dollars in this type of project, and the same is true for inscriptions. Almost no one can break this rule unless they are rich.
2: In this type of project, people usually make several times the money in this one, and several times the money in that one, and the money earned back and forth is almost the same as hoarding coins.
It seems that speculating to make several times the money is useless
The money earned is almost the same as hoarding coins, but it takes a lot of time to toss these things, and it is actually not as good as hoarding coins?
There are only two types of people who make money in the cryptocurrency world:
1. People who are patient and wait for a big drop, add the big bull coins to their favorites in advance, and buy them in full when the big pie drops, making a lot of money;
2. Value investors, buy in a bear market, buy high-quality coins, hold them for a long time, and reinvest regularly to let compound interest roll and explode magic.
If you do the above two points, you will definitely outperform 90% of the leeks in the cryptocurrency world who chase the rise and fall and save worry and effort...
Brothers, what do you think? Do you have more experience to share?
In the cryptocurrency world, if you become a multimillionaire by speculating in cryptocurrencies, you should be careful if you want to transfer the money back to your domestic bank account. Direct transfer may be targeted and regarded as an unknown source of property, or even constitute a crime. However, don't worry, there are several legal ways to go.
The first method is to transfer USDT to the BiyaPay wallet, which is licensed in the United States. In BiyaPay, you can convert it into US dollars and then transfer it to a bank such as Wise or OCBC. Although there may be some handling fees and exchange rate losses along the way, the money is clear. Through Wise, you can transfer US dollars back to Taobao, Xinxin or Zhongg Bank, but there is a limit on the amount per year. OCBC's 360 account is convenient, and you can withdraw cash directly in China without the limit of 50,000 US dollars.
The second method is to withdraw USDT through the Kraken exchange and put it in the British bank of iFAST. Kraken also has complete licenses. This method is also legal, but the handling fees and exchange rate losses are inevitable. A word of caution: although these methods are legal, it is best to consult a legal advisor before proceeding to ensure that each step is legal.
Don't borrow money to trade in cryptocurrencies! ! ! ! Don't think that people in the past were all idiots. In 2017, many people made a lot of money and withdrew their money. As a result, when the market fell in 2018, they kept recharging to cover their positions, and finally lost everything. I suggest that if you can't make stable profits, you should invest at most 10%-20% of your assets or 2 years' salary. Play with as much money as you have, borrowing money is the stupidest thing. I have never understood why you can make money by borrowing 100,000 yuan if you can't make a profit with 10,000 yuan. After losing money, reflect on whether you are suitable for it. Don't get carried away and recharge again
SNX is close to a 1,000x coin, with three waves, one 50x, two 25x, three 10x, low 0.03, high 28, peaked 8 months in advance, and the maximum market value is nearly 10 billion.
LINK has three waves, one 28x, two 15x, three 7x, a total of 300x, the lowest 0.16, the highest 53, peaked half a year in advance, the maximum market value is about 20 billion, and it is in the top ten.
BAND, the younger brother at the time, went online late, caught up with the last two waves of DEFI, a total of 100x, but only the first wave was nearly 100x fierce, and the second wave was not very powerful, only 7x, the lowest 0.2, the highest 23, and the maximum market value is about 3 billion.
The leader AAVE, 2000x, nearly 10 billion market value, three waves, peaked half a year in advance, and the last wave was 25x.
Many people accidentally lost their chips at the bottom of the bull market on the eve of the start of the bull market. Every time there is a bull market, at least half of the people will miss the bull market. Ordinary leeks rarely have the courage to lurk in with full positions in advance and wait patiently for the bull market. Even if you buy with full positions, you are likely to be thrown off the car by shock wash in the middle. You must know that once you miss a bull market, you will have to wait for another four years. Life is so short, how many four years can you squander? No matter when the bull market comes, we have already ambushed it with full positions. At a certain time and a certain position, I am not afraid of being stuck, but I am afraid of missing out. Only we can wait for the bull market in advance. It is impossible for the bull market to wait for us. Most people want to buy at the sharp bottom, so you can only dream.
What kind of product is this? It can earn you money by pledging loans and making money by buying new shares?
Lista DAO has launched its latest innovative product, clisBNB, which allows users to participate in new issuance on the chain while lending. BNB could only be used for new issuance before, but clisBNB can obtain both new issuance income and staking income?
What is clisBNB? clisBNB is a certificate token created by ListaDAO that users can earn after depositing BNB into a collateralized debt position (CDP). Each clisBNB is issued 1:1 with the amount of BNB deposited, ensuring a clear link between the certificate and the staked BNB. This innovative token allows users to maintain control of their BNB collateral while unlocking new possibilities in DeFi.
The Launchpool mining activity has ended. A total of 151,686 HMSTR tokens were mined, with a total of 1,102 BNBs participating in the mining, and 137.64 BNBs mined for each BNB. Apart from the 252 BNBs owned by the company, the amount mined for the loan part should be 137.64*850=110,116 HMSTR. The interest to be paid is 1.057 BNB, equivalent to about $622. The cost of loan mining is 622/110,116≈0.0056 USD per HMSTR, which is slightly higher than yesterday's cost of 0.0055. The reason is that the interest rate fluctuated greatly yesterday. According to the historical Launchpool new data, it is speculated that the opening price of this hmstr is around 0.01-0.015. The specific price will be known tonight. The actual loan mining income will be updated in the evening. Please pay attention to the comparison if you are interested. As an explorer who has entered the blockchain field since 2017, I am keen on finding relatively stable arbitrage opportunities between centralized exchanges (CEX) and decentralized exchanges (DEX). If you are also passionate about cryptocurrency, please like, follow and leave a message to share your experience! $BNB #Newcoinmining has been launched on HMSTR #Launchpool
Big things are coming! Big things are coming! Another Golden Shovel project invested by Binance
SolvBTC/ SolvBTC.BBN has a new mine to mine, including Solv’s exclusive points acceleration password
This mine is Mezo, the team behind the recently popular tBTC. A Bitcoin second-layer project that has raised $28 million
Use SolvBTC or SolvBTC.BBN to participate in Mezo staking, and directly start mining at 2x speed, with a conservative estimate of APY of 109%! ! ! ! ! !
Tutorial here:
1. Go to Mezo mezo.org/hodl-with/solv
2. Enter the password "SOLV1" and stake SolvBTC or SolvBTC.BBN
Solv is invested by Binance, with a platform TVL of 1.4 billion US dollars and more than 20,000 BTC. The background and hard power are damn strong.
In addition, Solv's ecological potential should not be underestimated. In addition to in-depth cooperation with head protocols such as Babylon and Ethena, it also has more than 10 cooperative public chains and more than 20 DeFi protocols. All Bitcoin second-layer and DeFi protocols are launching SolvBTC and SolvBTC.BBN's incense mines. If you want to play in the Bitcoin ecosystem, you really need to get SolvBTC, the real universal golden shovel project! ! !
Oh my god, oh my god, what the hell is this project? ?
500 BTC shares sold out in two minutes? ? ?
Solv and Babylon are two highly watched blockchain and cryptocurrency projects.#Babylonmainnet will launch SolvBTC.BBN's TVL is up to 2300+ $BTC, launched by solv, and its number of users is as high as 30,000
Solv is a decentralized Bitcoin reserve protocol, while Babylon is a Bitcoin staking protocol.
Both projects are committed to expanding the application of Bitcoin in the DeFi field.
Solv Protocol has partnered with Babylon to integrate SolvBTC (a decentralized Bitcoin reserve) with Babylon's staking protocol. This integration opens up new use cases for a large amount of idle Bitcoin supply.
Babylon is backed by Binance and Paradigm, with a total investment of US$88 million. Its goal is to protect the decentralized world by expanding Bitcoin.
Solv and Babylon have partnered to leverage their respective strengths in decentralized Bitcoin reserves and Bitcoin staking to increase Bitcoin’s utility in the DeFi ecosystem.