#BinanceBlockchainWeek $BTC #SCUSDT No one can deny the thousands of years of Gold's trajectory as a store of value. Bitcoin is fascinating, but it still has a long way to go to match the proven trust and stability of XAU. #BTCVSGOLD
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BitcoinDay
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The founder of Binance, Changpeng Zhao, known as CZ, reminded investors that one of the biggest mistakes in cryptocurrencies is selling in panic. Zhao's recommendation highlights his recurring message that downturns should be viewed as opportunities rather than setbacks. Proponents of this approach point out that long-term investors in assets like bitcoin have often profited by staying committed during periods of weakness.
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Mfkmalik
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Bullish
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BitcoinDay
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The inverted cup with handle is a bearish continuation pattern characterized by the formation of two consecutive highs in contact with a support.
ā The inverted cup with handle is a bearish continuation pattern characterized by the formation of two consecutive highs: one larger (the inverted cup) followed by a smaller one (the inverted handle).
ā The lows of the cup and its handle are formed in contact with a support, whose breakdown to the downside validates the formation of the pattern and its sell signal. The height of the cup is used to establish a theoretical price target for the bearish trend.
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CryptoFrancoARG
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Bullish
šŖ How to live off interest in Binance: my real and step-by-step experience
Many believe that to earn in crypto, you have to be glued to the quotes all day, engage in frantic trading, or rely on luck... but the truth is that a more stable and sustainable way to generate income is through the interest that Binance offers with its savings and staking products.
I want to share how I do it, with my real experience and practical tips so you can start or improve your strategy.
What are the interests in Binance?
Binance offers several ways to "make your cryptocurrencies work" so they generate more crypto without you having to sell them. Some of the most common are: ⢠Staking: you lock your coins for a while to support the network, and in return, you receive interest. ⢠Flexible or locked savings: you keep your crypto āsavedā and Binance pays you an annual percentage. ⢠Lending or loans: you lend your crypto to other users and receive interest.
Each product has its advantages, terms, and different interest rates.
My strategy to live off interest in Binance 1. I diversify among several products I donāt put everything in a single staking or savings. For example, I combine staking of $ETH , flexible savings in $BNB , and locked savings in stablecoins. This helps minimize risks and take advantage of different returns.
2. I choose cryptos with good potential and good profitability Not all cryptos pay the same or have the same risk. Thatās why I prefer established coins (like ETH or $BNB ) and stablecoins to balance the risk.
3. I reinvest the interest Every time I receive interest, I put it back to work. This way, I take advantage of compound interest and my capital grows faster over time.
4. Patience and consistency Donāt expect to make a fortune in days. The key is to be consistent, check periodically, and not sell in a panic.
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CryptoFrancoARG
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Bullish
š I remember when I recommended buying $ETH a 1,400 USD in April... today it just hit 4,000 USD
In April of this year, when many were afraid of the declines, I said something I always repeat: "In crypto, the best opportunities arise when everyone is looking the other way."
$ETH Ethereum was at 1,400 USD, and more than one person told me:
"No, it's dead, it's not going to recover" "I'd rather wait for it to drop more"
Today $ETH hit 4,000 USD. That's almost a +185% in less than 4 months. And I don't say this to brag, I say this because this is the lesson: fear is the best friend of those who know how to see opportunities.
Ethereum is not just a coin: ⢠It is the foundation of most DeFi and NFT projects. ⢠It has a huge community and top developers. ⢠Every update makes it more scalable and efficient.
š¬ Question for you: Did you take advantage of that opportunity or did you stay watching from the outside?
Just as it is, you can easily leave it, but you have to be aware of the margin ratio. If you see that it rises to more than 50% and continues to lose, it is better to close