In the last introduction part, I have already shared the Binance Earn Cheat Sheet which includes 9 different methods of earning passive income. (If you haven't read that post, you can take a look at the below image to know what methods I'm going to talk about)

Now, it's time to dive deeper in the first chapter:
Low risk tools
I mean, they are not hard, I guess.
With simple earn, you just need to register your stablecoin to earn passive income day by day. Or with Launch pool, you can do the same with stablecoin, to earn the featured token as profit (in case that coin goes bloom in the future, you got some extra profit). With Launchpad, normally requires you to hold an amount of BNB to be qualified to earn (rewarded as token)
If it's that simple, then what is the point of this article?
I can tell you that, if you buy any coin in spot trading, and you keep it in your spot wallet, they are all dead money! Am I talking about staking these coins? No, with 1% of APR, it's suck!
Here comes the #lending
Do you know that, if you have an amount of (e.g) Bitcoin, or Etherium or any coin or token in your wallet, you can use them to borrow stable coin from Binance with a very low fee?
With lending, you can borrow up to somewhere 70% of stablecoins according to your coin value.

Let's say you have 100 USD value in BTC, you can borrow 70 USDT and send that money to any other earning tool with higher APR than what flexible earn provides you (the highest one I saw in the past was in Launch pool, about 2 years ago, the APR was around 35% if I wasn't wrong)
Too long, didn't read:
You already had some coins to hold -> borrow USDT with these coins as mortgage -> register USDT to some higher APR% to optimize earning profit
Warning: Should not do this in extreme bear market
When your coin price drops below a certain point, but you haven’t repaid your lending, Binance will #liquidate your asset to automatically repay.
Although you can just use the USDT you borrow to immediately buy back the coins, it will be a waste in terms of trading fee
In the next part, there will be more wonderful and technical things to come up. Follow to #LearnAndGrow #Write2Earn

The crypto market provides you with a variety of ways to make #passive_income.
In this series, I will explain every earning tool in the Binance platform, and how to make your money grow effectively using these tools.
Part 1: ways to #earn money in the crypto market
As of 12th Feb 2024, there are 9 ways to earn passive income, the list below will tell you the risk of each way, as well as show you what kind of currency you need to start investing.

There are some names that are familiar to you, but also some names are really strange to you, right? Don't worry, they are really simple, yet, effective.
But, before getting into the world of Binance Earn, ask yourself:
Do I want to #earn passive income with low risk?
If NO, go with other methods, simply like Spot trading, Futures trading, etc., these ways will get your portfolio growth to no limitation, but of course, with moderate to extremly high risk.
But if YES, stay with Binance Earn. It doesn't guarantee you with a high profit, but at least, your money is not dead in your pocket, and it's safer to do this way.
In the upcoming parts, I will explain in details how to use these earning tools effectively. So, follow to #LearnAndGrow

#Write2Earn $BTC $ETH $SOL

Identifying your risk appetite is cruicle, you will be more certain in your investing decision.Before going to the detail, I will recap the last part in the image below. You will find the investing products with the level of risk here:Okay, so how do I know my risk appetite?Ask yourself the following questions:How old am I? (you might think this is a dumb question, but no, it's a research backed question)If you are young (20-30 years old), you can stay with high riskIf you are in the middle (30-50 years old), try lower down your riskIf you are somewhere >50 years old, don't risk too much, stay below medium riskHow frustrating will I feel if my portfolio temporarily goes down for 20-40%?If you cannot take that feeling, consider lower your riskIf you are greed for risk, stay with higher riskAm I investing with the money I need to use soon in the future?If yes, consider lower down your riskIf no, stay thereHow much do I want my money to growth every year?5-10% (low risk)10-20% (medium low risk)20-30% (medium risk)30-50% (medium high risk)>50% (high risk)How much time do I have to take care of my investment?Consider lower your risk if you don't have too much timeBut don't increase your risk if you have time (it doesn't work that way), just stay with your current risk capabilityAfter asking yourself these questions, I believe you will partially understand your risk appetite already 😌To wrap up everything, take a look at the image below, it will give you some pre-made options for you to choose. Be yourself, build your own, grow with knowledge!$BTC $ETH $BNB

Understanding it will help you build a portfolio with diverse risks. Why then? Because you would wish to have your money not putting all in just one product. Once you lose, you lose everything, would you like that to happen? Guess notTo know the risk type, take a look at this image. Although this is pretty subjective, it’s not too far from a technical perspective.Choose your own products to invest in. I know that you are on Binance, to trade, hold coins, and dream of a rich future. But trust me, diversify your portfolio, and you won't regret.“Diversify your portfolio doesn’t help you get to the wealth faster, but it keeps you away from the poor forever”In the next article, I will give you some very basic rules of thumbs to do the portfolio diversification. Keep it up, you are learning something!!!To be continued…$BTC $ETH $BNB

Part 1. "Never put all eggs in one basket" is useless if you don't know what your risk appetite is.I would say you could be:Risk taker (invest >70% of your money into high-risk products, the rest on medium-risk products)Medium rare player (invest 30-50% of your money into high-risk products, the rest on medium & low-risk products)Safe protector (invest 10-20% of your money in high-risk products, the rest on low-risk products)(Don't try to find these names online, I made them up)Defining your risk appetite can help you understand your money flow, and keep track of the proportion of your portfolio. This will bring you a better financial plan. Trust me, you won't regret doing so, sooner or later. Start your financial pathway by defining your risk appetite=> Do you want to be risky or stable?=> Come up with a plan (% of each type of investment)=> Allocate your portfolio according to the risk allocation=> Follow your planExample: for me, I'm not a very risky person, I may not get rich soon, but I will be more stable, and not too poor (with an expected APR in the below image, 18%/year is not bad for me)To be continued...$BTC $ETH $BNB #Write2Earn #LearnCrypto

$BTC $ETH $BNB
If you see anything like "a trader turns x($) into xxx($) by hodling this "x" coin", block it!
Make it simple, ask yourself these questions to verify the reliability of the news:
Who is that trader?Where did he/she share it?Was it a real person or just "he/she"?Is there a link to the original post?Even if he won that much, is the coin worth buying now?
Keep in your mind that Fear of Missing Out (FOMO) is your biggest enemy. 
If you want to use Binance Square to learn something new, read something worth your time. Don't find a long/short or buy/sell chance here, believe no one in this market, except the ones you knew who they are.
#Write2Earn #LearnCrypto