I know you all want to have profit as much as you can, but is it really possible as many people say that you can earn so much?
Let´s imagine you only have $10 dollars, which options do you have?
Buy a crypto.
Leave your crypto in Binance Earn or staking.
Participate in Binance Launchpool or giveways.
Participate in Binance Launchpad.
Buy a Crypto.
Ok then, you buy Bitcoin, Ethereum, BNB, some altcoin or memecoin.
#BTC If you buy now for 25k and it returns to ATH 60k or 100k, or even 1M, then your $10 could be in some moment in the future, $24, $40 or $400.
For those who bought 1 BTC for $1 in 2011… now they would have more than 25k. So $10 would be more than 50k. Yeah, but more than 10 years later.
It may happen with some other Altcoins or memecoins, for long term it may be possible. Just check charts for real historical data. Price when launched and ATH and calculate.
For possible future profits, check new projects, how it is going and developing etc. And invest what you can afford to loose.
Let´s check a memecoin like #pepe too.
With the price of 0.00000006036 in April up to ATH in May 5th 0.000003767. So if you had $10 before Binance listing, you would have more than 167M PEPE and it will be converted to $630 after listed in the exchange.
Leave your crypto in Binance Earn or staking.
Now you have your crypto and you HODL it and you can leave them in Earn or Staking. They give you up to 5 or 100% APY (Annual Percentage yield).
So if you have $10 value and earn up to 100%, at the end of the year you will have other $10. Total amount of $20. Another issue is whether the token in question has risen in value.
Nowadays we can only have 5 to 20%. So from $10 you will have an extra of $2 at the end of the year.
But if you want to increase your amount of tokens, it is a good option. For HODLers and long term traders.
Participate in Binance Launchpool.
Same as giveaways, just for having some crypto, you can receive free tokens. So any price it has, it will be all profit.
From last one MAV, that is live now, anything you receive, is 100% profit and then it depends on market what value it has.
But for $10 maybe you will only receive a few cents.
And think that you need to have BNB in BNB vault or some TUSD or BNB in the farming pool.
Speaking about giveways, I read someone received $500 or more and yes, it may be possible.
My self, as I bought a web3 domain with Space ID, just for only 5$ I received $89.
So if you have bought 2 web3 domains for $10, then maybe you could have received up to $180 or even I have seen $800 for free.
But please, be careful, as there are so many airdrops and giveways that only want to have access to your wallet and steal your crypto. So use an unique wallet for that, keep safe your other assets. Before selling those tokens or NFTs you had for free, check if they are legit.
Participate in Binance Launchpad.
As many tokens are new in the launchpad, they generally went up fast as I analyzed in a previous article it had x3 to 40-% profit.
So with $10 you could have $30 to $400.
And think that you need enough BNB to participate, so there is some condition to have that, you need more than $10.
In summary…
I´m a Binance Angel and I just want to help you for real.
Of course you can have quite good profit, but when people say, invest 20 dollars and you can earn in one hour $820 or $50k please, don´t trust them at first.
Please invest in knowledge so you can make better decisions.
If you are a pro trader, you can trade with futures, margin etc. I have seen some analytics that they make only 30% of their investments really successful, but with this they can afford their 70% loss. But only for experts.
Just for newbies… be careful with all those says you can be rich in few weeks, days or even minutes.
If you don´t know what you are doing, you can loose all your crypto so easily. This is for real.
If you share our articles you can win some rewards, take the chance.
https://www.binance.com/en/feed/post/619388
https://www.binance.com/en/support/announcement/join-binance-feed-s-latest-giveaways-to-share-7-bnb-150-exclusive-binance-merchandise-in-rewards-b85bcd42d95c49e8a3679092b20f3eb9
Like and follow me, thanks in advance. 😍
https://www.binance.com/en/feed/profile/62732248
Check my other articles:
Historical data about Binance Launchpad
https://www.binance.com/en/feed/post/613798?ref=62732248
How I survived the Luna crash and 4 lessons I learnt
https://www.binance.com/en/feed/post/641269
Chibi memories: 2 years as a Binance Angel
https://www.binance.com/en/feed/post/504805
Bitcoin image created with Leonardo AI.
