The most underrated risk of a 24/7 market is you yourself. When the market is always open, it creates a feeling that you always need to be on top of things. You wake up, you check. You go to bed, you check. After a week of this, you start making decisions while tired. And tired decisions are impulsive decisions. What helped me. I set myself hours outside of which I simply don’t open the app. The results became better, even though there were fewer deals. #TradFi
Tokenized stocks were some niche thing for a bunch of years. And now suddenly everyone is talking about it. Why? The rules came in, normal ones, and that’s when volumes started to grow. Stable coins made the calculation fast and cheap. And then people like me came along—people who don’t want to install a separate app just to get access to stocks. What impressed me the most is that for a whole bunch of people, tokenized stocks became their first introduction to traditional finance at all. Before, it was the other way around. It’ll be interesting to see what comes next. I’m betting on bonds #bStocks
Previously, to buy a share of a hypothetical large American company, you had to go to a broker, go through a bunch of checks, find a way to fund your account in dollars, and wait for the exchange to open. Now there is another path, and it is simpler. bStocks is a token backed by a real share in a one-to-one ratio. That means you are not betting on the price like in a casino. Your token is actually backed by a real security held by a custodian. What is worth understanding right away. First. You do not need the full value of the share. You can buy a fraction, so the entry threshold is very low. Second. Settlement is done in stablecoins. No bank transfers or currency conversions, everything happens within a single account. Third, and this is important. You do not become a shareholder. There are no voting rights here. You get price exposure, and that is all. How to start. Top up your balance with stablecoin, go to the bStocks section, invest a minimum amount, and see how it works. What would I tell myself at the start? First, understand the fees and where the price comes from. Only then increase the amount. It is a convenient tool, but not a magic button. Not financial advice, verify everything yourself. #bStocks #Binance #BinanceSquare #CryptoUA