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STOP INVESTING AND UNDERSTAND the psychology of the cryptocurrency market!!
Bitcoin hit almost $70k right now and the next halving is just 40 days away! 🌙
Experts predict a new bull run that will peak at the end of 2025, that is, between 12 and 18 months from Halving in April 2024. 💰
I hate to say this, but many are still going to screw this up. 🤷 Really!
Let's break down the psychological phases:
🚀 PHASE 1 - Accumulation 💰
During this phase, crypto whales and OGs will have bought or will buy at discounted prices, new projects emerge, but skepticism persists. To be clear, this was more like last year, when $BTC dropped to $15,000 and there was blood in the streets.
📈 PHASE 2 - Impulse 📈
Here, as we are currently witnessing, prices rise, excitement rises, HODLers rejoice, FOMO kicks in and altcoins rise. 😍👻💵
🚀 PHASE 3 - Euphoria/Excess 🚀
Greed takes over everything, prices skyrocket daily, general attention, strange market behavior, scam alert! For newbies, whenever the Bitcoin Fear and Greed Index makes a reading of 90, start managing your crypto position. Be SMART or not👀 you will see the crash coming.
⤵️ PHASE 4 - Massive crash / candles😭😭 ⤵️ Long Reeeeed
Here, you will witness a massive downtrend. Prices crash, panic selling, media negativity, whales and new investors come out, veterans buy the dip. Newbies stay in the 💰 position for another two or three years, the worst position to be in. DO NOT DO THAT!
Tips for success:
✅ Invest wisely and patiently.
✅ Dollar cost average.
✅ Take profits on the way up.
✅ Diversify and avoid overexposure.
✅ Be careful of hype and scams.
✅ Keep an eye on changes in market sentiment.
…
$BTC $PEPE

🔥💸How to convert $100 to $10,000

💯 If you have $100 and don't know what to do, today I'll tell you how you can turn it into $10,000 as a beginner.

💰As you already know, there are countless ways to make money in the world of cryptocurrencies. Today I'm going to tell you some that I think are good for beginners, because they don't have much risk.

🟠The first way to earn money would be to buy BNB with those $100 and start participating in all the Launchpools offered by Binance. With the rewards received, buy BNB again to increase the amount and receive more rewards in the following Launchpools. This way of making money has very little risk if you buy BNB at a very low price.

🟡The second way to make money is through very short-term trading. This consists of buying coins and selling them with a margin that is not very large. For example, buy BNB at $250 and sell it at $255. And repeat this many times a day. It may seem silly but if you repeat this several times a day you could make $30-$50 a day.

⚪The third way to earn money is by participating in Binance campaigns where you have to make volume of purchases and sales. It basically consists of being alert to all the campaigns offered by Binance and participating in them. For example, a few days ago there was a campaign in which for every $75 of trading volume (purchases/sales) you could open an envelope, and if you completed the collection they would give you a prize.

⏱️This is only 5% of all the ways there are to earn money. The important thing is to start and be patient. Remember that if you want to be informed of all Binance campaigns, do not hesitate to subscribe, and if you have any questions, ask me in the comments ❤️