Friends, I have been a traveler in this crypto world for the past four years. I would like to talk to you as a fellow traveler about my journey and the lessons I have learned.
When I set foot in this world, the first feeling inside me was fear. A market that runs 24 hours. Here, there are no boundaries like 'Upper Circuit' or 'Lower Circuit' as in the stock market. Everything can turn upside down overnight.
While there was a lot of enthusiasm at the beginning, I have a fear of taking risks. Some experiences from four years ago made me cautious. That's why I made my first decision: “I will only do Paper Trading in this, I will not risk real money."
Many might think this is a weak decision. But, without risk, without being emotional, this 'Paper Trading' has helped me understand the crypto market calmly. Over the years, I have learned many things such as where to buy, where to sell, and how sensational news affects price. Even today, I would say, "There is still much to learn."
Recently, I have been deeply examining a new section on our Binance site. That is Binance Alpha. This is quite a surprise for me!
This introduces new coins or tokens that have not yet been listed on Binance and are in the early stage (Alpha Stage). Whether all the coins coming here will make it to big exchanges is doubtful. Still, new projects keep emerging here.
The Alpha Points we collect here and the associated Rewards have opened up a new avenue. These points can be earned whether we hold some tokens or trade. With these points, there’s the opportunity to participate in Megadrop or Airdrop events of new projects and receive those tokens at a very early stage. It seems to me like a new mine we need to explore. If we think that guiding these various alpha coins is due to its strong technology, we are foolish. It is users like us who guide it. The extent to which a coin is debated by many in the Square Community will reflect its relevance.
This is a big difference between other coins and these alpha coins.
While observing many new coins, recently one coin caught my attention. That is Hippo Coin $HIPPO
This is a Meme Coin in the SUI chain. As you know, during the recent 'Trump Effect', the entire crypto world went into a significant decline. Not only the big coins but all Meme Coins generally suffered a huge drop. This coin also faced a significant decline like that.
It becomes clear when I look at the Candle explanations I attached. However, what surprises me is that even after that large hit, this coin is slowly and steadily securing its position.
I believe its strength lies in the SUI chain it is built on. It has established itself as a significant, powerful Meme Coin on the Sui Blockchain. Furthermore, it is not just an ordinary Meme Coin; it was created for a good cause like wildlife conservation, which enhances the trust of its community. Exchanges may list it soon.
Four years ago, I was trading with fear through Paper Trading, and today I am slowly exploring new platforms like Binance Alpha. Although I still hesitate to take risks, I now have the courage to apply the knowledge I have gained.
This world is changing very quickly. All we need to do is one thing: continue risk-free education through Paper Trading. Carefully follow the next waves of the market.
Let’s keep learning and progressing. This is my way. I hope your way will be the same.