traders bullgold

Are you immersed in the world of cryptocurrencies and hearing terms that sound like Chinese to you? 🤯 Don't worry! Today we break down two KEY concepts that every beginner must master to understand their crypto finances: PNL and APR. 📈 PNL (Profits and Losses) It is the thermometer of your investments. It indicates how much you have gained or lost. * Realized PNL: Your gains or losses that are already confirmed! from closed trades. * Unrealized PNL: Your gains or losses 'on paper' from positions you still have open. It can change with the market price! 💰 APR (Annual Percentage Rate) It is the simple interest rate you earn (or pay) annually. * Note: Unlike APY, APR does NOT consider 'interest on interest' (compounding). * If you see a 10% APR, your annual gains are calculated on your initial capital. 💡 Extra advice: Beware of APY! It is always higher than APR if there is frequent compounding (and in DeFi, there is almost always!). If you are looking for the real return with reinvestment, look at the APY. Understanding these basics is your first step to making smart decisions. #Cryptocurrencies #Blockchain #Tradingtypes101 #PNL #APR #DeFi #Investment

What do you want to do with the #criptos ?
just invest long term?
how about $XRP $SOL $BTC $ETH

In Binance, BABT stands for Binance Account Bound Token.
It is a type of "Soulbound Token" (SBT), a concept proposed by Vitalik Buterin (co-founder of Ethereum). Key features:
* Proof of Identity (KYC): The main function of the BABT is to serve as proof that a Binance user has completed identity verification (KYC - Know Your Customer). It is a way to link your verified Binance identity with a wallet address on the blockchain.
* Non-transferable: Unlike other tokens or cryptocurrencies, the BABT cannot be transferred from one address to another nor sold.
* No monetary value: The BABT has no intrinsic monetary value. You cannot trade it or use it as currency.
* Revocable: You can revoke (cancel) your BABT from your Binance account. If you do so, there is a waiting period (usually 72 hours) before you can mint a new one. This is useful if you lose access to your wallet.
* Uniqueness: A single Binance user ID (UID) can only have one BABT token at a time on a chain.
What is the purpose of the BABT? With no monetary value, it is an important tool in the Web3 ecosystem, for projects looking to verify users' identities without directly revealing personal data. Its utilities include:
* Identification in Web3: Acts as a digital credential on the blockchain
* Participation in projects: Some projects on BNB Chain (Binance's blockchain) may use the BABT as a requirement to access certain functionalities, participate in events, receive airdrops, or obtain exclusive rewards for verified users.
* Enhanced security and transparency: By linking KYC identity with an on-chain address, it helps improve transparency and combat illicit activities in the crypto space.
In summary, the BABT is a non-transferable token that demonstrates that you have completed the identity verification process on Binance, opening doors to different opportunities and functions in the Web3 world.
#BABT #AprendeConBinance #kyc

aquí liberando palabras #WOTD

what's happening with $SOPH
is it time to buy? or let it pass?

gana premios con el juego #WOTD debes descubrir la palabra oculta, según un tema en específico que le será indicado, tienes varias oportunidades, y te darán pistas sobre la ubicación correcta de las letras... completa 5 palabras, 1 x día, y cobra!!

en #BinancePay ya realizadas varias tareas y misiones de la opción sorteo de sobres rojos, con premios ya depositados $GUN $BANANAS31 $BNB

my prize of #learn2earn was deposited in $BMT , just go and answer the questionnaire according to the reading they indicate... take advantage, it is still active as of today, June 2, 2025

-participate only in what you know
-if you don't know, learn! -set your maximum loss limit
-do nothing if you are not sure
-take your profit and reinvest
$BTC

BTC goes up one day and down the next... always buy and be patient. If you invest more than you can afford to lose, then have a plan B.