If you are following me, you would be in huge profit by now.
I told you that BNB would reach its ATH by the end of May. It looked unlikely but I know what has been going on behind the scenes.
Binance is trying to decouple it's token away from BTC. And now that all of the legal issues seem to be over, expect so many campaigns and injections to boost the price of $BNB
Of course, long term holders wouldn't mind but if you are here for profit, you might be wondering when is the right time to take some gains?
It certainly isn't now but stay tuned. I will be showing you some signs to watch before you take profit.
$BNB is going parabolic. I expect us to hit the ATH by the end of this month.
So will you take profits or hold on for even more gains. History is always on the side of those who took profits but personally, I'll hold off till the next launchpool event is announced.
And what do you do now if you didn't buy $BNB when it was hovering around 570 USD. Wait for it to drop again?
Many people made over 2,000 dollars worth of $NOT by just tapping away in Telegram but you'd be surprised to know that even more money is on the way from Telegram's new Blockchain ventures.
Introducing GAMEE, the most advanced game ecosystem that Binance Labs has invested in so far.
For now all you have to do is click on their telegram link to join and start mining.
https://t.me/gamee?start=ref_1823045404
You can also challenge your friends to earn a boost and increase your GMEE per hour.
Using my link will give you 1000 tickets to buy your first boost.
During the Rez launchpool, I told you that will drop to shake off the paper hands.
People are getting smarter with these launchpools so they start selling 3 days before it actually ends. So that is when I enter these launchpools, close to the end when BNB has dropped and there are fewer people to share the rewards.
However , it turns out that REZ was quite a poor token but that is okay. We will get more out of MEGADROP.
I wish you guys would just do the web3 task as it requires only about 10$. Pressure is on Binance to make this a success, I wish you guys could see this.
Anyway, after the Megadrop distribution, $NOT launchpool will happen so don't be in a hurry to unstake your BNB.
When I posted about BNB going up after Binance returning to India, $BNB was 540 USD. If you bought back then, you are on 70+ profit on each each BNB you bought.
But here's why I don't think it's time to take profits yet.
The launchpool of Rez has shot the price of $BNB for the next 5 days and you should expect a slight dip after that.
But exiting the market at that point will be a huge trap and mistake for a lot of bnb holders.
Starting today, Binance has commenced it's Megadrop platform, integrating web 3 airdrop farming with what we already love about launchpools.
As its inaugural token, Binance Megadrop will introduce BounceBit (BB), a promising BTC restaking chain. With a maximum token supply of 2.1 billion BB, the Megadrop will offer a reward of 168 million BB, equivalent to 8% of the maximum supply. These tokens will become part of the initial circulating supply of 409.5 million BB, representing 19.5% of the total.
Of course, locking up BNB is the most important criteria to getting these Megadrops.
Think about what staking did for Solana price and you'd know how high BNB can go from here.
Personally, I expect BNB to hit 1k by August, but who knows, it could be way sooner.
I know that it sounds dumb right now, but when I entered into crypto back in 2017, I thought stable coins were just to be used when doing Peer to Peer transfer.
In my mind, if USDT will not rise why should I be holding it in my wallet/account?
It took me almost a year to recognize that that stable coins were not meant to make us profit. They were made to save us from loss.
Whenever you want to take a break from monitoring your assets, you just convert to a stable coin and go on your vacation.
Holding stable coins puts your mind at ease at night.
They will also help you to control how you enter and exit trades in the more volatile coins.
This information has zero value for the veterans out here but hey, it's CRYPTO 101 so share it with a newbie you know.
So you might have been rueing the missed opportunity to buy BNB before it got to 600 dollars.
Well, people have taken profits (this is what experts call a price correction), it's time to buy again before BNB climbs back up.
Who knows? This time, we might even hit the ATH of 691 dollars.
BTC has already broken it ATH in this cycle. Trust Binance to do the same.
As more and more Launchpools are being announced, BNB has no way to go but up.
There are quite a number of project that I suspect will launch on Binance. Follow me to know them first before anyone else and load up on BNB at the right time.