With the new year approaching, where do you think Bitcoin will go next?
Drop your prediction for this week's $BTC closing price in the comments of this post 👇
🎁The top 3 closest predictions will win 300 USDC, 150 USDC, and 50 USDC. Jump in and share your prediction now! 
*Campaign Period: 2024-12-30 07:00 to 2025-01-05 20:00 (UTC)
‼️Ensure you have updated your app to at least version 2.92. Also, make sure the "Also Repost" box is checked when replying to be eligible for entry.

Terms and Conditions:
This campaign may not be available in your region. Eligible users must be logged in to their verified Binance accounts whilst completing tasks during the campaign period eriod. Ensure the "Also Repost" box is checked when replying, or your comment won't count as a valid entry.To ensure fairness, entries closed at 2025-01-05 20:00 UTC. The campaign's outcome will be based on the BTCUSDT price at  2025-01-05 23:59:59 UTC.If users made multiple comments, only the first comment will be considered as an eligible entry. Deleted comments are not eligible for rewards.In case of identical predictions, the earliest comment will be prioritized.Winners will be announced in the comments section of this post within 7 working days after the campaign ends and notified via a push notification under Creator Center > Square Assistant. Rewards will be distributed in the form of token vouchers to eligible users within 14 working days after the Activity ends. Users will be able to log in and redeem their voucher rewards via Profile > Rewards Hub. Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelines or Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Where any discrepancy arises between the translated versions of this post and the original English version, the English version of this post shall prevail.Additional promotion terms and conditions can be accessed here.

Binance is one of the largest and most popular cryptocurrency exchanges in the world. Since its founding in 2017, the platform has attracted millions of users thanks to its user-friendly interface, low trading fees, and variety of financial instruments it offers. In this article, we will cover some of the many ways you can make money on Binance.

Think you can predict the BTC market? Put your intuition to the test and grab your share of the $5,000 USDC reward pool! Join our daily “Bullish vs Bearish” voting campaign and connect with the crypto community by sharing your market sentiment.
Campaign Period: 2024-08-08 00:00 to 2024-08-14 23:59 (UTC)

How To Participate:
Vote on $BTC Direction and Share Insights:
Option 1: Visit the BTC trading page and vote whether the day will be bullish or bearish. Share your insights and reasoning behind your vote in an accompanying post.

Option 2: Create a post through the “+” posting button on Binance Square, adding the $BTC cointag, and vote bullish or bearish in the content editor.

Winning Criteria:
Bullish Votes Win: If the BTC price at the end of the day (daily close price) is higher than the price at the beginning of the day (open price).Bearish Votes Win: If the BTC price at the end of the day (daily close price) is lower than the price at the beginning of the day (open price).
Eligibility: 
Only the first prediction per day will be considered if a user makes more than one prediction.Voting and posts made between 21:00-24:00 UTC will not be counted as eligible entries.

Reward Structure:
Daily Challenge
Participate in our daily task! Users who post and vote in the correct direction will be eligible to share a $500 USDC prize pool each day. Join every day and predict correctly to win!
*Individual cap: $2 USDC per participant per day.
Extra Rewards: Make correct predictions for several days and earn additional rewards!

Terms & Conditions
This Activity may not be available in your region. Eligible users must be logged in to their verified Binance accounts whilst completing tasks during the Activity Period in order for the votes to count. Each day runs from 00:00 (UTC) to 23:59 (UTC). Rewards will be distributed in the form of token vouchers to eligible users within 21 working days after the Activity ends. Users will be able to log in and redeem their voucher rewards via Profile > Rewards Hub. Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to cancel a user’s eligibility in this activity if the account is involved in any behavior that breaches the Binance Square Community Management Guidelines or Binance Square Community Platform Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right to disqualify any participants who tamper with Binance program code, or interfere with the operation of Binance program code with other software.Binance reserves the right of final interpretation of this Activity.Additional promotion terms and conditions can be accessed here.There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.

There is nothing as important as market psychology.
Those who cannot manage this psychology generally live in the moment. Neither past nor future price movements are important to them. They reset their own perspectives just like the percentage indicator that resets every day's closing.
For example, last week when we dropped to the $59,000 level, people were at their highest level of fear, but now the $59,000 level has brought excitement.
People do not take losses into consideration in this sector because they are trading with virtual money. Someone who lost 40% on the spot side three days ago almost plays dumb thinking that he gained 10% today. However, they see that the wallet is still at a minimum loss of 30%.

SEC just silently ended the investigation against Binance.
CZ is getting out of prison next month and already announced his next 100x project.
$BNB chain volume dominance is up 6000% since June.
You don't need to be a prophet to see what's coming👇🧵

▫️ On July 11, SEC officially concluded its investigation into Binance stablecoin issuer;
▫️ A few weeks ago, a US judge dismissed charges against CZ and he's expected to return in the upcoming months;
▫️ $BNB chain volume and dominance have been steadily growing since June.

The SEC’s decision alone is already a pivotal moment for the crypto industry and Binance in particular.
Considering the combination of these 3 factors, it's safe to say that Binance and the entire $BNB ecosystem will experience rapid growth after CZ's return in Q3-Q4 2024.

Insiders already betting big on $BNB and the dominance grows every day.
You still have time to check promising alts before they pump 100x👇

▫️ $HOOK @Hooked Protocol
is the world's first Web3 social learning platform, transforming over 10M users.
➢ Price: $0.57
➢ Market Cap: $96M

▫️ $FET / $ASI @Fetch.ai
is an AI lab building an open, permissionless, decentralized machine learning network with a crypto economy.
➢ Price: $1.27
➢ Market Cap: $3.2B

▫️ $ID @SPACE ID
is a BNB-based domain protocol similar to Ethereum ENS.
➢ Price: $0.46
➢ Market Cap: $306M

▫️ $EDU @opencampus_xyz
is a decentralized platform backed by Binance that aims to tackle the key challenges facing the education sector today.
➢ Price: $0.71
➢ Market Cap: $236M

▫️ $AI @SleeplessAI Labs
is a Web3 AI gaming platform that aims to revolutionize the gaming industry with its unique approach.
➢ Price: $0.56
➢ Market Cap: $110M

▫️ $TRB @Tellor
is a transparent and permissionless oracle protocol for your smart contract to easily get any data whenever it needs it.
➢ Price: $73.55
➢ Market Cap: $190M

▫️ $ALI @real_alethea
enables the development of a community-driven, secure, and adaptive, decentralized physical infrastructure (DePIN) for tokenized AI Systems.
➢ Price: $0.01
➢ Market Cap: $67M

▫️ $THETA @Theta Network
is an L1 DePIN blockchain and decentralized infrastructure for Video, AI & Entertainment use cases.
➢ Price: $1.50
➢ Market Cap: $1.5B

▫️ $GRT @The Graph
is an indexing protocol for querying data for networks like Ethereum and IPFS, powering many applications in both DeFi and the broader Web3 ecosystem.
➢ Price: $0.20

▫️ $POND @Marlin Protocol
is an open protocol that provides a high-performance programmable network infrastructure for DeFi and Web3.
➢ Price: $0.0017
➢ Market Cap: $137M

▫️ $PHA @Phala Network
is the Execution Layer for Web3 AI that allows building tamper-proof and unstoppable AI Agents.
➢ Price: $0.12
➢ Market Cap: $94M

That's a wrap for now!

Don't forget to Like, Bookmark and SHARE this ARTICLE if you found it helpful!
Follow @Crypto PM
for more threads like this ⤵️

#Whale.Alert #WhaleAlert #CZBinance #cryptopm #Altcoins👀🚀

He made $20 million by trading
He ended his life due to these mistakes
Zhang was a typical 21-year-old with big dreams but no clear direction. Everything changed when he heard his friends talking about how much money they were making with crypto trading. They talked about making millions, and Zhang was fascinated. He imagined a future without his boring part-time job and college stress. #Bitcoin
Without knowing anything about crypto, Zhang jumped in. In just a few minutes, he made $400 on his first trade. He got excited . He thought he had found a way to change his life. So, he made a bold choice: he dropped out of college, quit his job, and sold his mom’s condo to invest more in crypto.
At first, his gamble paid off. His account grew to $500000 and he felt unstoppable. But one day, the market dropped, and he lost $200000. Instead of being careful, Zhang got aggressive. He wanted his money back and more.
Soon, he managed to grow his account to $1000000. He was thrilled but greedy, so he didn’t take his profits. Then, the market turned again, and he lost $300000 in hours. Desperate, he took out a loan of $1,000,000 to keep trading, thinking he could win it all back. He didn’t diversify his portfolio and put all the money into futures.
But he kept losing because he didn’t know enough about the market. He was trading without stop-losses, wasn’t willing to cut losses, and invested randomly in scam projects that got rug-pulled. He made trades based on emotions, not strategy. He would take small profits quickly out of fear and let his losses grow because he hoped they would turn around.
One day, he decided to recover everything and invested all his money in Terra Luna. But he was not updated about the Luna news, and he lost everything. His debts grew, and his account balance shrank. Zhang felt trapped and overwhelmed by his mistakes. The pressure was too much, and he decided to end his life.
Zhang’s story teaches us important lessons about the dangers of trading without knowledge, planning, or control over emotions. The crypto market is unpredictable, and without understanding and managing risks, it’s easy to lose everything.
Risk Management in Cryptocurrency Investments #RiskManagement
1. Diversification: Don't put all your money into one type of crypto. Spread your investments across different assets to reduce risk. This way, if one investment fails, others might still perform well.
2. Setting Stop-Loss Orders: Always set stop-loss orders to limit your losses. This is an automatic order to sell a crypto if its price falls to a certain level. It helps protect your investments from significant losses.
3. Conducting Thorough Research: Before investing in any crypto, do thorough research. Understand the technology, the team behind the project, the market trends, and potential risks. Informed decisions are less likely to be driven by emotions.
4. Emotional Control: Don’t let emotions drive your trading decisions. Fear and greed can lead to poor choices. Stick to your strategy and plan, regardless of market fluctuations.
5. Starting Small: Especially when you're new to trading, start with a small amount of money. This way, you can learn and make mistakes without risking large sums.
6. Staying Updated: The crypto market moves quickly. Stay updated with the latest news and developments to make informed decisions.
7. Setting Realistic Goals: Have clear, achievable goals for your investments. Don’t expect to get rich overnight. Focus on steady growth and be prepared for setbacks.
8. Understanding Market Cycles: Recognize that markets go through cycles of booms and busts. Being aware of these cycles can help you make more informed decisions about when to buy and sell.
9. Using Cold Storage: For long-term investments, consider using cold storage options like hardware wallets to protect your assets from hacking and theft.
10. Risk-Reward Ratio: Assess the risk-reward ratio of each trade. Only enter trades where the potential reward outweighs the risk, and be prepared to exit if the trade goes against you.
11.Limiting Leverage: While leverage can multiply gains, it also increases risk. Use leverage sparingly and understand the full extent of the potential losses it can bring.
12. Learning from Mistakes: Every trader makes mistakes. The key is to learn from them and not repeat them. Keep a trading journal to track your decisions and their outcomes.
By following these practical strategies, you can manage risk effectively and increase your chances of success in crypto. Remember, the key is to stay informed, be patient, and avoid making decisions based on emotions.