From Our CEO: Incumbents and Insurgents in the Era of Blockchain Innovation
Main Takeaways
This past weekend, the number of registered users on Binance reached 200 million. The explosive growth of our user base mirrors the accelerating rate of adoption of digital assets and blockchain.
This process bears meaningful similarities to past cycles of technological disruption, from which we can learn as we race toward the one billion milestone.
Already, #Blockchain and #Web3 have more to show in terms of real-life usage and utility than any of the paradigm-changing technologies of the past in the similarly early stages of their development.
Similar to previous cycles, incumbents are facing a strategic choice between embracing innovation and risking obsolescence.
$BNB 150,000 $SOLV Protocol Tokens Airdrop! Complete the missions in your MPC Web3 Wallet created at Binance for a share of the rewards Activity Ends: 2024/06/17 23:59 (UTC)
Mission: SolvBTC Task Stake and lock a minimum of 0.0001 $BTCB for SolvBTC on BNB Chain via Solv Protocol
Betting on multiple coins is working out well. the crash this week hardly brought my assets down by 5% which got recovered today with 1% in profit. (yea I call it betting due to high volatility)
Catching one coin and getting rich with very few assets can only be attributed to luck. liquidating profits at regular intervals helps in participating in multiple opportunities which may increase the chance to hit the jackpot.
Invest in 5-8 coins with each having a share of 10-20% of your assets and liquidate 40-60% of the coins when in profits and leave the remaining for long term returns. this helps in gaining small profits regularly and possibly catch 1-2 blockbusters in long term. participation in many projects is the way to move forward and balance risk/rewards.
Clearly saw progressive buying and selling helps in making profits. $ENA price swung between .77 - .89 twice in last 4 days. hardly got .5% profit when I went all in risking my total assets in first swing but in second swing bought at different support levels and sold at resistance levels, made 10% profit without any stress. 20 times diffrence between risk-trading and progressive-trading.👏
disclaimer : it's only my experience here, Do your own research before investing
$ENA - didn't knew a roller coaster ride was awaiting me when I went all in at 0.89, 3 days ago for a short term profit of 3-5%. but due to crash - loss reached 10%. waited anxiously for rebounce and closed it at just 2$ profit for liquidity. Had I spread my trades I would have easily taken 5% or more by now. A good lesson learnt. Distribution of assets is important to participate and earn progressively.
In-depth explanation! Step-by-step guide to complete the first phase of Megadrop's BounceBit project web3 tasks
It's simple and straightforward to get started! Please share it with your friends and family after reading it! 1. Create a web3 wallet (I have created and backed up it here) Note: The account must have KYC information and must be a new wallet 2. Transfer some BNB to your new wallet. The following picture shows you how to transfer BNB to your web3 wallet from left to right. Click wbe3 ➡ Accept ➡ Select ➡ $BNB Copy your wallet address
3. Go back to your Binance trading platform page and click BNB ➡ Click to withdraw ➡ Transfer via blockchain ➡ Click to withdraw
4. Use the BNB you just transferred to exchange for 0.0001BTCB, then click to participate in the first Megadrop project, scroll to the bottom and click to earn points