$BNB $ETH I was just lying down thinking about today's trades. The whole market is filled with news about Ethereum, and everyone thinks Ethereum will surge. Of course, some people think Ethereum will drop. Have you noticed something? When we hear news about the crypto market soaring or crashing, the first thing we think about is opening an account at an exchange. In fact, exchanges are the brokers of this crypto market. If Ethereum continues to rise or if these cryptocurrencies can be accepted by mainstream institutions, like China’s China Merchants Bank, then inevitably, more and more people will trade on Binance. I looked at the classification of VIP levels on Binance, and including transaction fees using BNB, there would be some discounts. Actually, if I just made that trade of 180,000 to buy Ethereum, it would be better to directly buy BNB, especially since the spot price of BNB is only 845 yuan. I think if Ethereum really hits a new high of 7,000 yuan, then BNB will definitely reach at least 1,500 yuan. So, considering all aspects, if one is serious about a long-term investment, I believe investing in BNB might be better than investing in Ethereum. Therefore, I took profit from Ethereum and bought 70 BNB. I believe more and more people will clearly recognize this reality. As long as Ethereum and Bitcoin continue to have value and volatility, the inevitable existing value will increase and be accepted by more people. So Binance is actually like China's Tonghuashun and Dongfang Caifu. If everyone looks back at their historical growth trajectories, it will be quite impressive. All in BNB! I really regret realizing and remembering this on the third day. The purpose of coming to Binance was to buy BNB, but because there was an inertia with Ethereum, I traded Ethereum for two days and missed out on BNB. Now, luckily, I finally remembered this while lying down, so one should stick to their original intention. Look at Dongfang Caifu, from 2014 to now, in 10 years, it has risen from 0.009 to 27.85, nearly 278 times, while Tonghuashun has risen from 11 yuan to 404 yuan, nearly 40 times. Binance, on the other hand, has not even doubled since the official bull market began in 2021. In contrast, Dongfang Caifu has a market value of 400 billion and Tonghuashun has a market value of 200 billion, plus various Chinese brokers mostly have market values in the thousands of billions, which makes Binance's current market value seem incredibly cheap, practically a bargain. Additionally, the trading volume and profits of Binance can basically confirm that its market value is a bargain. Although holding BNB does not allow us to receive dividends from Binance or anything like that, I think this should be an issue for Binance to consider. So the most correct choice now is to continually increase holdings of BNB. A few days ago, I saw Kong Jianping raising funds and looking for people to buy, including using Nano Labs for purchases. I was thinking quite clearly before, but these past two days, the mood in the market has made trading feel like just playing the clown, so I need to adjust this initial intention; after all, we are more mature traders. Alright, that’s all for today. I can indeed sleep soundly now. Because if BNB reaches 10,000 yuan each, many people might not be able to afford it. But currently, the price of BNB at 800 yuan is very similar to Bitcoin in 2017. I hope this article can become a classic piece in ten years, and I will hold onto these BNB. I should continue to buy BNB this year, and while it’s under 1,000 yuan, I should buy a lot, at least 500 to 1,000. The acceptance of the crypto market by various countries is getting stronger, so Binance's strength will be increasingly recognized. If one day Binance is allowed to list its main entity on the US stock market, the price of BNB will be astonishing.
Pay attention.
Let's learn together. A 10-year term, trading on Binance, making a fortune of 100 million. I changed the character 'satisfaction' to '100 million'; doesn't it look more pleasing?
