I have received a lot of private messages during this period, and many people asked me: What stage of the bull market are we in now? I have just entered the market now. Is there still a chance? How to double low-risk funds?

✅Let me tell you the answer first: We are currently in the transitional stage from the beginning of the bull market to the early stage of the bull market. There will be many new people entering the market. This is also the golden period for new people to earn their first pot of gold.

There are many ways to judge which stage the market is in. According to the book "Blockchain Digital Currency Investment Guide" published by the famous media "Babbitt": In the investment market, the price fluctuation cycle of any asset and its investor sentiment cycle It can be roughly divided into the following five stages (as shown below)

As can be seen from the figure, the easiest thing to identify in the early days of Niu is that "the price has continued to rise for several months, and conservative and cautious people want to wait for a big drop before entering the market. There are a lot of opportunities in the market, and it seems difficult to make a decision - —Most investors have become disoriented. (Investor Anxiety)”

✅What stage is the crypto market at?

From a recent perspective: "The market adjustment time is shorter than most people expected, and the magnitude is much smaller; people who did not buy and went short continue to complain that "the increase is amazing and the market is crazy";

🩸The market is currently in the transitional stage from the beginning of the bull market to the early stage of the bull market. There will be many opportunities. It is also the best time for newcomers to enter the market to earn their first pot of gold. If you are late, you will miss it.

However, it is easy for a newbie to go astray when entering the market, or be led astray. It is possible that you entered the market with 100,000 yuan with full confidence, but were led by someone with poor skills to play with the contract, and you lost all your money in one night. He angrily cursed "Web3 is a fucking liar" and then left sadly.

This is a typical example of “using huge amounts of capital to gain an uncertain future.”

✅How can newbies protect their capital and make money?

The currency circle is a place where risks and opportunities coexist. Sometimes the risks are even greater than the opportunities, so don't think about guaranteeing capital at any time.

✅What opportunities are there for newcomers?

Generally speaking, fans who have just entered the market or do not have much money themselves are recommended to start from route 0, such as:

🔸Testnet airdrop
🔸0 games
🔸Exchange launch (IEO)

Among them, exchange IEO is a relatively safe way for you to get free quota, and it does not take up too much energy. Generally, you can see direct benefits in 5-10 days.

🌐Binance's Future: CEO Richard Teng's Vision for Innovation, Users, and Web3 in a Post-Settlement Era🌐

👉1. Strategic Vision:
- Binance's new CEO, Richard Teng, unveils strategic vision post a $4.3 billion settlement with the U.S. Department of Justice.

👉2. Challenges and Priorities Post-Settlement:
- Teng addresses challenges post-settlement, emphasizing the need to fill the void left by Changpeng Zhao (CZ) and the company's focus on compliance culture.

👉3. Collaboration with Policymakers:
- Teng calls for collaboration between the cryptocurrency industry and policymakers to establish a globally harmonized regulatory framework.

👉4. Strategic Elements for the Future:
- Teng identifies three key elements:💌
- Innovation Focus: Commitment to financial innovation.
- User-Centric Approach: Assurance of financial strength and security for users.
- Web3 Expansion: Vision for Binance's role in Web3 and decentralized applications.

👉5. Regulatory Innovation and Collaboration:
- Teng recognizes the need for regulatory innovation in Web3 adoption and emphasizes a collaborative approach based on his experience.

In summary, Teng's strategy centers on innovation, user-centricity, and responsible Web3 expansion, underpinned by a commitment to compliance and collaboration with regulators.

#RichardTeng