Please check chart below with my entries and what am i looking for to get. Aim here is to make few x on holdings.
Currently i am long on BNB due to the fact Binance did made few important announcements.
Read below for details:
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The $BNB Team allocation will be burned through the Quarterly Coin burns. This is 40% of the total supply and has a value of $2.4B- After the Binance hack, the team made equivalent to 6 months of security work in a week
- Binance Chain cross-chain bridges are under development
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Smart Contract support coming to Binance Chain- The ultimate goal for Binance is to increase the $BNB utility
-
A White label Binance Visa cards in the works-
Launchpad sales will increase to 5 IEO's over the next 3 months- The $BNB holding period for IEO's will increase to 30 days
- The 25% trading fee discount will be retained for at least 1 year to increase the BNB utility
For many, this might be nothing but thanks to more frequent IEO for example we will have more volatility.
Ok now my trades:
Opened one long position -
Will see how far this will go. I am prepared to hold this for a bit longer. Even if underwater in BTC terms USD still looking gr8. I do have small hedge in form of BTC 1-1 in case
BTC start rally again.
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If you wish to know more follow me on my twitter :
https://twitter.com/cryptochangex---------------------------------------------------------------------------------------------------------------
And to top it all up there is new BNB promotion going so i will expect pump from 0:00 onwards. Details below:
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If you wish to know more follow me on my twitter :
https://twitter.com/cryptochangex---------------------------------------------------------------------------------------------------------------