Battle of the Tokens Challenge Session 2 Has Started! 😎
Welcome the Chinese New Year by testing your price prediction skills with #BattleOfTheTokensChallenge
Theme of #BattleToken this week is Battle of the Giants (Top 4 Crypto by Market Cap)
Session 2 Campaign Period: January 20-26, 2025
Poll Now! 🚨
🏆 It's time to choose a champion! In Battle of the Giants, we bring together 4 of our Favorite Cryptos this week. Who will be the winner with the highest price increase this week?
💥 How It Works: 1. Vote for your choice by choosing your favorite token in the poll below!
2. Reply to this poll post with the following format: [Your Preferred Token Name] - #BattleOfTheTokensChallenge
3. Create a post on your Square feed explaining why you believe your chosen token will see the highest price increase that week, and include the hashtag #BattleOfTheTokensChallenge
4. Sit back and watch your token perform throughout the week!
Qualified users who correctly pick the highest performing token of the week will be eligible to win a prize pool of up to 500 USDT per week 💰
🔔 Weekly voting closes on Sunday at 11:59 PM UTC, so make sure to vote before it's too late!
Winners will be determined based on market cap performance from Monday to Sunday. 📈📊
🔥 Vote now and stay tuned for the results! 🔥
Read the terms and conditions of this campaign further 👉 https://www.binance.com/en/square/post/18877467710930
Note: - Announcement of the Token with the Best Price Increase Performance in the 1st Token Battle Session Last Week is "DOGE" - Participants who vote for DOGE coins (along with Comments + Posts) will be entitled to a joint prize - Prizes are distributed 7-14 working days after all sessions end.
# Bitcoin Has Only Experienced 3 Losses Throughout Its History
A rarely revealed fact is that Bitcoin (BTC) has only ever experienced losses three times in its entire history. This shows stability compared to many other investment assets. Although known for its volatility, data shows that in the long run, this cryptocurrency has provided positive results for investors.
Since its introduction in 2009, Bitcoin has experienced many price fluctuations. Where only three years did the price of Bitcoin decrease in 2014 (58%), 2018 (73%), and 2022 (65%). This reflects its appeal as a store of value and investment tool.
In addition, Bitcoin's existence as an asset that is not affected by the monetary policy of a particular country makes it an attractive choice for those looking for diversification. In the context of an uncertain global economy, Bitcoin is often considered a hedge against inflation and market instability.
With the current price of Bitcoin reaching a new record, more and more individuals and institutions are interested in investing, such as MicroStrategy and BlackRock. This shows that despite the challenges and risks, the long-term profit potential of Bitcoin remains attractive to many investors around the world.
Ahead of the inauguration of US President-elect Donald Trump, who is known for his pro-crypto government, more individuals and institutions are backing the digital asset##BattleOfTheTokensChallenge $BTC
Battle of the Tokens Challenge Session 2 Has Started! 😎
Welcome the Chinese New Year by testing your price prediction skills with #BattleOfTheTokensChallenge
Theme of #BattleToken this week is Battle of the Giants (Top 4 Crypto by Market Cap)
Session 2 Campaign Period: January 20-26, 2025
Poll Now! 🚨
🏆 It's time to choose a champion! In Battle of the Giants, we bring together 4 of our Favorite Cryptos this week. Who will be the winner with the highest price increase this week?
💥 How It Works: 1. Vote for your choice by choosing your favorite token in the poll below!
2. Reply to this poll post with the following format: [Your Preferred Token Name] - #BattleOfTheTokensChallenge
3. Create a post on your Square feed explaining why you believe your chosen token will see the highest price increase that week, and include the hashtag #BattleOfTheTokensChallenge
4. Sit back and watch your token perform throughout the week!
Qualified users who correctly pick the highest performing token of the week will be eligible to win a prize pool of up to 500 USDT per week 💰
🔔 Weekly voting closes on Sunday at 11:59 PM UTC, so make sure to vote before it's too late!
Winners will be determined based on market cap performance from Monday to Sunday. 📈📊
🔥 Vote now and stay tuned for the results! 🔥
Read the terms and conditions of this campaign further 👉 https://www.binance.com/en/square/post/18877467710930
Note: - Announcement of the Token with the Best Price Increase Performance in the 1st Token Battle Session Last Week is "DOGE" - Participants who vote for DOGE coins (along with Comments + Posts) will be entitled to a joint prize - Prizes are distributed 7-14 working days after all sessions end.
@everyone The Little-Known Secrets of the Crypto Market. After roughly 3 cycles in the crypto market, there are many things that newcomers who have just entered the market don't understand. Understand these few things if you want to succeed in crypto: #1 It's All About The Greatest Fool's Theory. Like everything else in the world, something can basically succeed because it's the "first". That's why it's very difficult to replace Bitcoin's dominance in the market. In crypto, it's all about being the first. Be the first in anything: the first to buy a token, the first to know the potential narrative of Altcoins, the first to know that the market will become a bear market, and so on. #2 The Biggest Whales in Crypto Are the Project Owners Themselves. In crypto, almost always the party that holds the most tokens is the developer itself. Therefore, the developer plays a very big role in determining the success of a project. A wealthy developer with a good track record is much more likely to have a successful project than an anonymous novice developer. #3 Nothing is Rational. Unlike other markets where fundamentals are everything. In crypto, nothing is rational, let alone "make sense". Something can still rise even though the price is too high, and something that has already fallen can still fall deeper. Everything is controlled by massive speculation by market participants. That's why the way to win in this market is to learn the human behavior that is seen within it. #4 The Biggest Wins Always Come From the Unexpected. Often, we have plans related to the investments we make in crypto. For example, putting a large position on the Altcoins we believe in the most. However, what often happens is that the things we don't believe in actually give the highest profits. That's why it's important to use intuition and not reject any opportunity in cryptoThe term "Greatest Fool's Theory" is a somewhat informal way of describing the concept that in a speculative market
Why is the Decentralized Science (DesCi) Narrative Interesting Enough to Pay Attention to?
Recently, cryptocurrency has been buzzing about the Decentralized Science (DeSci) narrative, which is a movement that uses blockchain technology and the principle of decentralization to revolutionize the way science is conducted, funded, stored, and disseminated. So, why is this narrative interesting to pay attention to? #1Lack of Transparency in the Field of Science.
Currently, the world of science is still far from transparent. The lack of audits on the research process and results is something that deserves attention. Blockchain will directly provide an opportunity to close this transparency gap. #2Lack of Intensive Systems in Research Results.
DeSci utilizes technological developments such as NFT, IPFS, and other Web3 protocols to protect scientists' copyright, distribute data, and ensure sovereignty over their research results. Nowadays, loyalty related to research results is something that must be upheld. #3Niche Trends Can Go Global.
DeSci is a narrative that is still "niche" and has not received much attention in crypto in recent years. However, there are always times when a small narrative grows. Many observers say that this DeSci wave is very similar to the early days of DeFi, where many people underestimated it until finally everyone used it. #4DeSci Mindshare Increases in the Last 2 Days.
In the social media world related to crypto, mindshare about DeSci has increased significantly. This is driven by the development of DeSci from AI agents that have utility. We have seen AI Agents that fall into the "meme" category, now we have the potential to see AI agents that have utility to solve certain scientific problems.
The Presence of Quantum Computing Can Strengthen Bitcoin @everyone
Blockstream CEO and Hashcash inventor Adam Back, said quantum computing cannot break the Bitcoin (BTC) algorithm in the future. However, it can make the Bitcoin network stronger.
According to him, Bitcoin signatures can prevent BTC transactions from being changed by other parties, this is an important part of the network's security mechanism. When a transaction takes place, the private key is used to sign the transfer as proof of the system that Bitcoin is in the address holder.
On the other hand, concerns arose when Willow, Google's quantum computing chip, was present and could threaten the crypto industry. Willow can process errors and calculations at incredible speeds.
Willow's capabilities are still not enough to compete with Bitcoin encryption, because Google's quantum chip only consists of 105 qubits, while Bitcoin reaches 13 million qubits. $BTC