The product #BinanceEarn is one of those products where you can earn passively without putting in any special effort 💪💰
But, just like with any other product, it has its own risks! Let's take, for example, the “double investment” feature.
I have $BTC , which I bought for $79,000 and subscribed it to the product “double investments,” meaning to sell it for more. I choose a price of $80,000 and a term of 7 days. What happens next❓❓❓
Scenario 1️⃣
I won’t be able to cancel the subscription myself when I want to—this is the first downside and risk. And if Bitcoin rises to $85,000 within 7 days, I won’t be able to do anything. Once the 7 days are over, APR will be credited to me, and even if BTC is at $85,000 when the term ends, the system will sell it for $80,000. This is the second downside and the risk of earning less than expected.
Scenario 2️⃣
The 7-day term has ended, but the Bitcoin price is lower than $80,000. My order will not be executed❌ I will receive my % APR and my BTC back. And even if during the term BTC was $80,000 and above, it still won’t be executed, because the price at the time the term ends is lower than $80,000.
#BTC🔥🔥🔥🔥🔥
But, just like with any other product, it has its own risks! Let's take, for example, the “double investment” feature.
I have $BTC , which I bought for $79,000 and subscribed it to the product “double investments,” meaning to sell it for more. I choose a price of $80,000 and a term of 7 days. What happens next❓❓❓
Scenario 1️⃣
I won’t be able to cancel the subscription myself when I want to—this is the first downside and risk. And if Bitcoin rises to $85,000 within 7 days, I won’t be able to do anything. Once the 7 days are over, APR will be credited to me, and even if BTC is at $85,000 when the term ends, the system will sell it for $80,000. This is the second downside and the risk of earning less than expected.
Scenario 2️⃣
The 7-day term has ended, but the Bitcoin price is lower than $80,000. My order will not be executed❌ I will receive my % APR and my BTC back. And even if during the term BTC was $80,000 and above, it still won’t be executed, because the price at the time the term ends is lower than $80,000.
#BTC🔥🔥🔥🔥🔥
