With one account, easily navigate the crypto world and stock market! BiyaPay makes investing super simple
Imagine this: no more getting frustrated by complicated account opening processes, and no more madness over slow currency exchanges! BiyaPay is like the 'Doraemon' of the investment world, one app helping you manage digital currencies and stocks, freely accessing global markets!
USDT instantly turns into USD: 1:1 directly invest in US stocks and Hong Kong stocks, faster than ordering takeout!
No need to struggle with account opening: Offshore accounts? Not at all, on-chain transfers are super quick!
Choose from 200+ cryptocurrencies: spot, contracts, play however you want!
Save money to the point of laughing: zero fees for placing orders, costs as low as a bargain!
20x leverage for big moves: BTC, ETH will take you to the sky!
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Want to try US and HK stocks but deterred by traditional broker processes
Holding USDT and eager to jump directly into the stock market
Want to play in both crypto and stock markets, busy as a little bee
Hope for quick fund transfers while saving some 'coffee money'
Save money to the point of satisfaction: deposit and withdrawal costs are 90% lower than traditional methods, enough for a big meal!
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Binance has launched a new feature called Alpha Points, which is essentially a scoring system that determines how much #ALPHA airdrop and TGE rewards you can receive! Want to know how it works?
Check this out: Account Value: Over the past 15 days, the more assets you have in your Binance account (including coins in your wallet), the higher your score.
Buy More #ALPHA: The larger your trading volume of #ALPHA, the more points you earn (selling does not count).
These Alpha Points are directly tied to future airdrops and TGE rewards; higher scores mean more rewards! Want to check your points? Just search for "Alpha Points" on Binance.
Can holding onto spot really save you? Don't be fooled by these crypto 'motivational quotes'!
Recently, I chatted with a few friends who trade spot, and I found that they were almost all confused and losing money. When I asked why, it turned out that nine out of ten were 'brainwashed' by a phrase – 'you have to hold onto spot.'
At first glance, this statement sounds somewhat reasonable, but most people who actually do this end up crying without tears.
Why? There are too many voices in the market advocating for 'holding onto everything,' yet when it comes to actual operation, the results make people shake their heads.
Think about it, the crypto world never lacks 'black swan' events. You hold on, waiting for a turnaround, but when a big wave hits the market, those influencers and group leaders shouting 'just hold on and you'll win' have long disappeared, leaving a crowd of retail investors alone to 'heal' in the wind.
I really want to ask those promoting 'blindly holding on': "If the big players can't cut you, will they not cut you?" "Holding in a bear market will make you big profits when the bull market comes?" Come on, this kind of 'feel-good rhetoric' is just for listening, don't treat it like a decree to follow! The reality is that most people can't even figure out the bull and bear cycles and are still chasing highs and cutting losses, fantasizing about perfectly timing their entries and exits.
Especially for retail investors with small funds, they should be even more careful not to get trapped. Being stuck for months or even years not only leads to extremely low capital efficiency but also can break one's mindset. Just imagine, while others are flexibly operating and earning a fortune, you are still waiting for 'faith recharge' to break free—how does that feel?
So how should one play with spot trading to avoid getting trapped and actually make money? I believe that for retail investors to turn things around, it's not about 'holding on,' but rather about strategy and timing.
Don't just stubbornly hold on, and don't blindly make short-term trades; finding an operational method that suits you is the key.
For example: Set a simple plan, establish stop-loss and take-profit levels, and don’t let emotions take control. Pay attention to market trends, avoid obvious downtrends, and flexibly adjust your positions.
Accelerate capital accumulation through cyclical operations; small profits are still profits, and little by little, they add up. In plain terms, spot trading isn't about 'going down a single path to darkness.' When the market gives you opportunities, seize them; when the wind turns unfavorable, retreat—that's the way to survive.
Instead of being trapped by 'holding on,' it's better to learn to adapt flexibly. After all, surviving in the crypto world is the only way to wait for that day of doubling your investment. What do you think?
The Magic of Compound Interest: The Wealth Code from Ten to Twenty Million
Don't underestimate the power of compound interest—no matter if you only have ten dollars, as long as you keep rolling it, one day it can turn into twenty million! Sounds like a fairy tale? Let's do the math and uncover a secret that even lifelong cryptocurrency players may never fully understand.
The Truth About the Cryptocurrency 'Roller Coaster' Assuming you invested one million, and the price doubles, congratulations, your balance becomes two million! But if it then drops by 50%, sorry, you're back to one million. Let's change the scenario: one million drops by 50%, leaving you with 500,000; then it rises by 50%, becoming 750,000—huh? Where did that 250,000 go? These two calculations illustrate an ironclad rule: In the cryptocurrency world, controlling drawdowns is always the king's way.
In practice, some can double their investment in just a few days and feel ecstatic. But once time stretches, a 50% drawdown can be like a heavy punch, shattering the dream of previous profits. Chasing short-term wealth? The risks are absurdly high. True experts play for long-term wins.
25% Annualized: The Steady Magic of Wealth Doubling Imagine you have one million in capital, earning a stable 25% return each year. In the first year, your assets grow to 1.25 million; in the second year, it rolls to 1.5625 million; in the third year, it directly breaks through the 1.95 million mark—less than three years, and your wealth doubles! This is not a fantasy; it is compound interest quietly working its magic. Compared to the exhilarating highs of cryptocurrency trading, isn't this steady growth more appealing?
Don't rush to doubt; this logic has been used by Buffett for decades. He is labeled the 'Oracle of Omaha,' not for short-term strikes but for maintaining over 20% annualized returns consistently for more than forty years. Earning 20% in the short term? Anyone can try their luck; but who can withstand five years, ten years, or even half a lifetime without a setback? Globally, how many can there be?
Compound Interest: The Wealth Legend of Rolling Snowballs So whether it's cryptocurrency trading or investing, the most important thing is to maintain a calm mindset. Don't always focus on the sky-high profits; firmly believe that compound interest is the right path. It's like rolling a snowball: at first, it's inconspicuous, but as long as you persist, the snowball grows larger, and the longer it rolls, the more astonishing it becomes. From ten dollars to twenty million is not a dream, but a dual victory of compound interest and patience.