🔥 Binance is giving away #CVP tokens for completing quizzes about blockchain technology! Learn how crypto works and potentially earn around $1 worth of CVP (at the current price of ~$0.33 per CVP).
🚨Here's how to join: 👉 Make sure your Binance account is KYC verified.
👉 Head over to the Binance Learn & Earn program.
👉Find the $CVP course and complete the quizzes. Here are the answers:
1.Select the correct description of Keeper in the PowerAgent network. : -It is a node that signs transactions (executes Jobs) when selected by the PowerAgent network algorithm.
2. What is PowerPool? : -A dePIN network offering Transaction Signing as a Service tool.
3. What was PowerPool DAO focused on before the PowerAgent v2 dePIN network was developed?: -..."Power Indices".
4.Which asset do PowerAgent Keeper nodes earn as gas compensation and operational reward? - The token used for gas payment in the network Keeper works - ETH in Ethereum, xDAI in Gnosis Chain, MATIC in Polygon
5.Which of PowerPool partners offers node-running software: -DappNODE
6.How does the PowerAgent network secure honest behavior of Keeper nodes? -Through cryptoeconomic mechanisms,...
7.Select a correct example of an interval-type Job.: -A DCA (Dollar Cost Average) strategy...
8. Select a correct example of a Resolver-type Job.: -A limit order buying $ETH
9.PowerPool is considered a dePIN network since the network participants run a physical (off-chain) infrastructure for facilitating network services. What kind of infrastructure particularly they run? Select the correct statement.: - Keeper bots for signing transactions...
10. Is PowerPool created specifically for some L1 ecosystem? -No, PowerPool is chain agnostic and can be deployed on any EVM-compatible chain.
👉 Earn FREE CVP tokens! (while supplies last)
🚨🚨 Don't miss out! Learn about crypto and earn rewards!
Let's be honest: most of us dive into the crypto market with dreams of striking it rich. However, I've seen too many people taking the wrong approach and losing everything.
Don't be one of them! Here's the tough truth:- 80% of you will lose money in this bull market.- Many investors buy at the peak and then wonder where they went wrong.
Stop looking for validation from others and take charge of your investments! Here's how:
1. Discover hidden gems on Binance that haven’t gained popularity yet. 2. Analyze their charts for recent spikes (if they’ve soared +300%, avoid them). 3. Invest a sensible 10% of your portfolio. 4. Set sell orders to secure 200% gains (e.g., buy at $1, sell at $3). 5. Wait patiently for your returns. Remember, quick riches are a myth.
Even though there wasn't a sudden unexpected event, many altcoins are experiencing significant corrections similar to what happened during COVID-19. Honestly, this downturn feels worse because it's a slow decline day by day, which is tough on the emotions of investors.
Overall, there are still plenty of traders active in the market, but the optimistic belief that altcoins could skyrocket by ten times has largely been shattered. In the near future, many traders might start selling short and moving to other investments to avoid missing out on opportunities.
Playing the altcoin market is really challenging. If you're able to make profits and withdraw them to invest in more stable assets, you're not just lucky but truly exceptional.
I'm writing this because it's important, even though it's a bit long. I know many of you are feeling both excitement from gains and disappointment from losses. I want to explain how market cycles work.
Market cycles are predictable and happen over and over again. Similar to how casinos operate, financial markets are designed to tempt regular traders into losing money. Casinos use statistics and take advantage of human emotions to make profits, offering small wins to attract more people and keep them playing. Financial markets work similarly, controlled by smart entities.
Let's take the cryptocurrency #LUNARtoken as an example. Some people bought it at $1, saw it rise to $7, took their profits, reinvested, and ended up losing everything. This pattern of chasing profits out of greed is common.
From what I've seen, here are four types of market cycles and the feelings that come with them:
1. Accumulation: This happens after a big drop in prices. People feel scared, hopeless, and sad. Many hesitate to buy more because they worry the prices might drop even more.
2. Uptrend: After accumulation, the market starts to go up again. Even though some people are still afraid, prices go higher, making those who didn't buy earlier regretful. Eventually, the fear of missing out (FOMO) pushes them to buy, often when prices are at their highest.
3. Distribution: The people who control the market create excitement and optimism. They spread good news to encourage regular investors to buy more. This provides a way for them to sell their own holdings at a profit.
4. Decline: Once excitement reaches its peak, the market starts going down again. At first, people see this as a chance to buy more. But if prices keep dropping, it leads to fear, sadness, and panic selling, which can result in big losses.
These cycles repeat themselves. Understanding this and remembering it can help you make money consistently over time.
1. On June 5th, #bitcoin Spot ETFs had a net inflow of $488 million. 2. Binance has announced the 55th project on Binance Launchpool - #ionet $IO . 3. The European Central Bank has announced its first rate cut in five years, by 25 basis points. 4. MasterCard is resuming services for crypto payments and deposits on Binance. 5. The F1 McLaren team has launched a collection of free NFTs. 6. JPEX is facing its first civil lawsuit from investors on the platform.
Doge! Doge is a popular cryptocurrency that started as a joke in 2013, featuring a Shiba Inu dog as its mascot. Despite its humble beginnings, Dogecoin (DOGE) has gained a large following and is now one of the top cryptocurrencies by market capitalization. Here are some key stats about Dogecoin: - Current price: $0.08 - Market capitalization: $21 billion - Trading volume (24-hour): $1.2 billion - Circulating supply: 132 billion DOGE - Maximum supply: Unlimited Doge has a strong community and is known for its charitable efforts, including raising funds for various causes, such as the construction of a well in Kenya. Keep in mind that cryptocurrency prices can fluctuate rapidly, so these stats may change quickly! #doge⚡ #Binance55thProject(IO) #ETHETFsApproved