CRYPTO | PERRY

How does crypto work? So we’ve covered what crypto is, what wallets are, and touched on some security basics. We've established that we are the sole true owners of our crypto funds. But we missed the most important part: how does it all work at the end of the day? Crypto operates in a very elegant way. Let’s skip the technical details for now (they’re not necessary for current understanding). Think about traditional banks: their servers and systems are housed in their buildings, and they have full control over them But crypto? This fact fascinates many people, I'm sure you'll get to appreciate this as well: crypto is decentralized, meaning there’s no single center of control. Blockchains are maintained by the collective enthusiasm (often material based) of the network participants. People set up nodes (miners/validators) worldwide, making each participant a small but integral part of the network as well as its co-owner. All these nodes together form one big network called a blockchain (will be described in the next post) For instance, the Ethereum network has more than 500,000 miners (validators). Each one is part of the network. Crypto has no single center, everyone strives for decentralization. In simple terms, each node validates every other node to ensure no one cheats. Once something is recorded on the blockchain, it stays there permanently. No one can disconnect anyone from the network or alter the transactions. You can dive into more technical details on how decentralization works here Once again. The beauty of crypto is that you can be the sole and full owner of your money. No need for banks. No issues with international payments. The blockchain doesn’t care where you send your money. Mexico? No problem! Poland? Absolutely! Some forgotten place on Earth? Sure. It's a true land of the free ➡️ bingx.com/partner/1 Trading 🔀 BingX In-app code - 1 CRYPTO | PERRY #welcometocrypto

Seed Phrase, Private Key, and Public Key 🔐 Any cryptocurrency wallet isn't as simple as it might seem; it consists of three main components: • The Seed Phrase: This is a set of 12 or 24 words used to access and recover the wallet • Private Keys: Within the seed phrase, there are multiple private keys. Each private key corresponds to one wallet and is needed to sign transactions and access funds • Public Keys: Each private key has its own public key, which is essentially the wallet address It's crucial to keep your seed phrase and private keys confidential. Never share them with anyone 🚫 However, you can freely share your public key, as it is used for transfers between wallets ✅ To clarify the differences between these components, let’s look at an example. Suppose you have the following seed phrase:

beach fresh crush flame rich dynamic ramp when long risk spawn another

This seed phrase isn't tied to just one wallet. You can generate multiple private keys (i.e., wallets) using this single seed phrase (they are generated in a special mathematical sequence). Thus, within one seed phrase, you can have several private keys (wallets). Sections below are expandable, just tap/click on them

1.0e54be5f589e23566faf265259a075004644f1d3f0445f9b0840d3e529d1fc76 2. f7c1dc8db2a8f6678064371e1c1ba641262edf5343b52fa12b9174647bbec783 3. fbeb1201832b8d351ef017c1a8a4a9b0fd38e57941ec87231fcc530e1804b0f9 and so on

Each private key has its own public key (address)

private key: 0e54be5f589e23566faf265259a075004644f1d3f0445f9b0840d3e529d1fc76 public key: 0x226E06d9945B1081C139e3534f8152f35AFE4Ec1 private key: f7c1dc8db2a8f6678064371e1c1ba641262edf5343b52fa12b9174647bbec783 public key: 0x221d1B7101B96FDf0aE6bFCEbe7924232b094271 private key: fbeb1201832b8d351ef017c1a8a4a9b0fd38e57941ec87231fcc530e1804b0f9 public key: 0x530a57D6c61eAecb392ff56AA6b1702c14C3CFb1

It may seem a bit cryptic, but don't get discouraged if you don't understand something. Be hungry for knowledge, and make sure that you grasp this very important concept Basic Security. This is probably the most important thing in crypto Try following these rules: • Never store your seed phrases and private keys on your device, online, or in a photo gallery. Instead, save them on a flash drive with a password or write them down on a piece of paper. Make sure it's something physical that can't be accessed remotely and something you won't lose • Always create complex passwords for your wallets. Using something like "12345678" is a terrible idea because if someone gains access to your device, they could easily get into your wallet with such a password. You want to make it difficult for anyone other than yourself to access your funds Believe me, lots of people who start with crypto neglect security, and that's a big mistake. They might accumulate significant amounts of money — tens, hundreds of thousands of dollars, some surely even more. They might even improve their security later on. But one careless mistake they made early on could wipe out everything. Don't be lazy about securing your assets. It's crucial. P.S. Remember, it's all on you now, and that's the beauty of it 😎 ➡️ bingx.com/partner/1 Trading 🔀 BingX In-app code - 1 CRYPTO | PERRY #welcometocrypto

Non-custodial wallets

A cryptocurrency wallet is a program or physical device for storing, receiving, and sending your crypto between other wallets. It’s straightforward.

So, what makes it revolutionary? Non-custodial wallets let you store your money without any intermediaries. Your money is yours and yours alone. No one can ban you. No one can seize it. If you have debts, the bank can't withdraw your funds or put your balance in the negative. Non-custodial wallets are like cash, but you can actually store your funds online. These wallets are often referred to simply as wallets. You might have heard of Trust Wallet, Metamask, Coin98, OKX Wallet, and others. But there are some intermediaries here too. Why do you need them? The answer is simple – for convenience If you wanted to download the original Ethereum wallet, you'd need to download the entire blockchain, which is several hundred gigabytes—about 350 GB of free memory, to be precise. Plus, it would be managed through the command line, which isn't user-friendly, especially for someone like an elderly music teacher from a rural school. On the other hand, MetaMask (one of the most popular wallets) requires only ~100 MB of memory and has a user-friendly interface 📱 When you use wallets, you are the sole owner of your money. This means you have complete control and can do anything with it: - operate any volume - make any number of transfers - reach any recipients - work with any recipient country (there are no borders in blockchain) You can do many things that conventional banks can't provide. But this utopia has a downside: since you are the only owner of the wallet, the safety of your crypto is entirely on you. There won't be anyone to bail you out Here's how creating a wallet works: 1. Download the application or extension 2. Generate a wallet 3. Create a password for the wallet. This password is for accessing the wallet on one device. It can't be used to restore your wallet on another device. For example, if you install your wallet on your laptop but want to restore it on your phone, the password won’t work. You need a seed-phrase for that. 4. You are given a seed phrase (also known as a mnemonic or mnemonic phrase), which consists of 12 or 24 words. This is not a password but a key that allows you to recover your wallet on any device. In case you need to recover lost access to the wallet, you can use this guide to deal with such a situation. Congratulations, you now have a wallet! However, if you lose your seed phrase, no support will help you recover your money. It's simply not technically possible. And if someone gets hold of your passphrase, they can access and withdraw your crypto without any problems. So be very careful with it 🔑 Nothing terrible will happen if you lose the password to your wallet. You can restore your wallet using your seed phrase. However, you must never lose the seed phrase under any circumstances! The password is only needed for local access on the device. Think of the wallet password as a simple pin code P.S. We'll talk about the seed phrase in a bit more detail in the next post ➡️ bingx.com/partner/1 Trading 🔀 BingX In-app code - 1 CRYPTO | PERRY #welcometocrypto

What is crypto? On your crypto journey, you'll encounter many unfamiliar terms, abbreviations, slang, etc. The key is not to be intimidated neither by basics, nor by advanced concepts. We were all beginners once, clueless about everything Your best friend, just like in any modern learning process, will be Google. You can look up unfamiliar words there, and it will give you some explanation options. You can also use modern technologies like various generative AIs in your learning ⌨️ However, don't rely on them too much, as they are good for explanations but not for actual data. Combine data from different sources to gain a well-rounded understanding Let's get straight to the point. In preparing this material, hundreds of articles for beginners about crypto were reviewed. The simplest explanation of what crypto is would be the following:

Cryptocurrency is digital money that exists only on the internet, with no physical form. It uses a special technology called blockchain to store, secure, and validate transactions.

That's all you need for an initial understanding. But you might be asking: 'Why do we need cryptocurrency when we already have banks and other familiar, convenient options?' I get it. It's a complex topic, but let's break it down. Crypto is essentially an attempt to replicate traditional finance in a decentralized world Here's a simple analogy: - Payment systems (Visa/Mastercard) = Blockchains (Bitcoin/Ethereum/Solana) - Banks for storage = Exchanges (Binance/BingX) - Banks for credit and loans = Lending protocols Almost all the tools of traditional finance have been replicated (or are trying to be) within crypto. However, there is one fundamental difference that sets crypto apart from conventional finance. And this thing is non-custodial wallets, which will be covered in the next post 💳 ➡️ bingx.com/partner/1 Trading 🔀 BingX In-app code - 1 CRYPTO | PERRY #welcometocrypto

Why do you personally need crypto? 🫵🏻 It's hard to believe it, but everything in this world has a reason, and your desire to dive into crypto is no exception. Let’s be honest, your main reason, as many of us share, is to make money. And it's perfectly fine The chances are, you heard from friends, media, YouTube, Insta, TikTok, or somewhere else that some project gave away an incredible amount of money for certain actions or had an unprecedented growth. In 99% of cases, people come to crypto because of this. All of this can be summed up in one word — FOMO, or Fear Of Missing Out. Remember this term as it will come up in your crypto life almost every day in multiple different scenarios So, why crypto? I’ll explain it with a couple of simple examples from a relatively recent past, even though some of us delved into crypto earlier: • In 2017, all media outlets were buzzing about Bitcoin reaching $20,000, although everyone could buy it for $100-200 a couple of years prior • In 2018, legendary ICOs (the crypto equivalent of IPOs) yielded thousands of Xs • In 2021, ICOs on Coinlist brought 30-50 Xs over the course of a year. The average investment per account was $500, turning into $15,000+ of profit • In 2022, the Stepn crypto-game allowed users to buy $1,000 trainers and ‘walk’ in them every day, paying for themselves in 30 days and netting $30-40 per day semi-passively. People were literally quitting their jobs because of it • In 2023, the Arbitrum project gave away an airdrop that blew up the community, with wallets having only 5 transactions and a maximum of $1 spent receiving $1,000 each. As a result, 600,000 wallets (and their owners) received it. An airdrop is a free giveaway of project tokens. This is how projects reward early users for their activity. You'll see a separate post dedicated to it later • Year 2024, we are here. As of June 4th, 2024, Bitcoin is valued around $69,000, and almost every day someone is making incredible sums in the space. There are countless examples proving that crypto offers incredible opportunities for creating wealth like no other sphere does, but you need some knowledge to make the most out of it ❗️There certainly won't be a better time to learn about crypto and dive in as deep as possible. So grab this chance and hold tight I promise you that anyone can make money with crypto. But remember — there’s always a downside. You can also lose it. So don't think of it as a bumpless road, rather, be attentive to the opportunities constantly presenting themselves and be prepared to commit time, energy, and money in order to truly succeed. I could list many more reasons to explore crypto, including decentralized finance, stablecoins, smart contracts, NFTs, DAOs, and more. But let’s be honest — you don’t need to focus on them right now. The real interest in technology usually comes after you make your first significant profit in crypto, typically in the second or third year. Many people then start to delve deeper into technology and build their projects. But you don’t need that at this moment. Your main goal right now is to make money ➡️ bingx.com/partner/1 Trading 🔀 BingX In-app code - 1 CRYPTO | PERRY #welcometocrypto

Roaring Kitty strikes again It seems we're about to witness another epic play, so grab your popcorn and don't blink. Here's what happened: while markets were closed, our hero posted his $180mil worth position on GME, the same stock involved in the original 2021 episode of this saga. This caused the pre-market price to surge almost 75% from the previous close. Before the markets opened yesterday, I saw lots of people expecting him to gradually sell while his followers are aping the stock, essentially performing some sort of a rug pull, but they underestimated the play of DFV (his other name — DeepFuckingValue). He's not that shortsighted. You don't disappear for 3 years after pulling off a legendary stunt, only to return with such a massive position just to perform a simple pump and dump at 1.5x or so. He's aiming for something bigger, as at least for now he hasn't sold anything, having $80mil in an unrealized PnL. The symbolism of his comeback (all those short videos), the timing, lack of shared plans. He's making his followers create a narrative for themselves, while he's just posting his positions. And what's the most obvious consolidated move to be performed by most of them? Simple: just follow the leader. And many will. Last time everyone tried to short GME because they didn't believe in the company. Now, many will try to short GME because they believe Kitty will sell, causing everyone to pull back as well. The question is: will he? 🍿 P.S. The brokerage firm he used considers kicking him out, SEC is potentially investigating. This is all good news for crypto, as once again it shows that institutions will do everything to prevent you from beating them in their own game. Can't pull that off in crypto; blockchain and crypto are for everyone and anyone. The cards are being played; you just need to see ➡️ bingx.com/partner/1 Trading 🔀 BingX In-app code - 1 CRYPTO | PERRY

Welcome to crypto 💸 Intro In the upcoming cycle, I expect a significant influx, and I mean, LOTS of new people entering our brave new world of crypto. Navigating this world requires a good starting point, as it's not easy to grasp all the concepts on your own. There are plenty of materials out there, and the first rule to learn here is to always DOYR. However, it's incredibly beneficial for us all to have a navigational resource, a guide of sorts not only on crypto itself but also on how to use it for your own sake and make money from it. Fortunately, there's already an excellent guide created by russian-speaking influencer https://t.me/cryppi that could help anyone new to crypto. And I've received his permission to adapt this work and present it to you guys in english. As I mentioned in my previous post, we should respect others' IP and give credit where it's due, which is why I'm being transparent about the original author. I'll also add my own takes along the way to give you an even broader perspective. P.S. It is so thoroughly analyzed that only about 5% of newbies will manage to read it all, but it's worth it, because many aqsaqals (the elders), who have been here for 10 years, don't know even half of what you'll learn from it Here's a hashtag I'll use for all posts in this series to make navigation easier 📍 #welcometocrypto

Plagiarism and rats🐁 In the information age, plagiarism is a significant issue because any information can be copied with the press of two keys. Let's delve a little deeper into what we're talking about: 1. Unprofessionalism: Someone who copies another's work — texts, epigraphs, notes, or more substantial material — is often unskilled and ignorant. Instead of developing their own knowledge, they resort to copying others' thoughts and efforts, often passing off these ideas as their own global inference. Such people are limited, bring no value, and likely feel a sense of worthlessness when they look in the mirror. They may desperately try to imitate others, but true personal style and originality cannot be achieved by stealing from someone else, nor can genuine thoughts. 2. Where does that lead?: It's clear. Today, they 🐀 steal material or ideas and pass them off as their own; tomorrow, they'll steal your money. A person either has a sense of dignity and honor, or they don't. So if you encounter plagiarists, the first thing to do is unsubscribe from all their associated resources and mentally mark them as unreliable🤡 3. How to avoid plagiarism and use material correctly?: It's very simple — acknowledge the authorship of those whose thoughts align with yours. By crediting the author, you can agree with their opinion, add your own thoughts, and express gratitude to the original thinker. Be as honest and decent as possible towards both your audience and the creator of the original ideas. Think for yourself and strive to grow. Don't steal, and build relationships with the world around you based on your conscience. Everything around you will respond in kind. I'll show you an example of good such behavior in the next post, which will kick off a series of educational materials about crypto. Stay tuned. ➡️ bingx.com/partner/1 Trading 🔀 BingX In-app code - 1 CRYPTO | PERRY

Learn to rest 🏖 One of the main pros and cons of the cryptocurrency market is that exchanges operate 24/7, unlike most other markets that trade during sessions from Monday to Friday. It's definitely exciting that there's always movement and the wheel of fortune never stops, keeping everyone on their toes. But this constant activity also makes it hard to take a proper break, as your attention is always drawn back to the quotes no matter where you are or what you're doing. I can assure you: the market won't disappear without you. The cryptocurrency market offers opportunities every day, and the amount of time spent in front of the monitor doesn't directly affect your income. That's a myth and a flawed paradigm we were all brought up with—the idea that more time equals better results. This is true only if the time is spent effectively, which includes training, analysis, reviewing past mistakes, risk management work, and systematizing your process. It doesn't apply to endlessly watching the same charts, especially on lower time frames. Try to find hobbies and activities that completely distract you from the market. After a vacation, you'll be able to look at everything with fresh eyes. This is the best thing you can do for yourself. P.S. There is a good parable on this topic about two woodcutters - read it here ➡️ bingx.com/partner/1 Trading 🔀 BingX In-app code - 1 CRYPTO | PERRY

We're in for a ride 🎢 With Elon Musk continuously openly siding with Republicans (this started 1.5 years ago), Trump getting convicted and awaiting another trial in July to receive a sentence, and Biden vetoing a pro-crypto bill after a week of promising not to, I can definitely say that upcoming months leading to the US elections in November will be very interesting for crypto world. You can form your own opinions on the political nature of these moves, but you can't deny that the American economy and political system still wield a massive influence on global markets, including crypto. And turbulence there will always present opportunities born out of chaos. P.S. Recommendation for you -> try to see past the end of your nose and immediate future; this requires thoughtful analysis and critical thinking 🤔 More to come 🍿 ➡️ bingx.com/partner/1 Trading 🔀 BingX In-app code - 1 CRYPTO | PERRY

A bit of history👨🏻‍🏫 #BTC ⚡️The second user of #Bitcoin (after Satoshi Nakamoto) was an American programmer👨🏻‍💻, crypto activist and cypherpunk - Hal Finney (he received the first 10 BTC transaction from Satoshi Nakamoto). ⚡️It was Hal Finney who wrote the first Proof-of-work algorithm (on which #Bitcoin was created) in 2004 (5 years before #Bitcoin protocol) ⚡️A legendary figure... He was ill and couldn't work on #Bitcoin for long (but rather he was poisoned). You can read about him and all the cypherpunks who were at the origins of the new financial ERA - you can read the book ‘Digital Gold’ by Nathaniel Popper (I recommend it). P.S. At dinner yesterday, we reminisced about him (Hal Finney) as he was the one who made the first tweet about #Bitcoin. It gave me goosebumps... Here it is - history, here he is - the Hero of our time. https://twitter.com/halfin/status/1110302988 Hats off 🎩🙏🏻 to all involved in the formation of #crypto Hugging all 🙌🏻 ➡️ bingx.com/partner/1 Trading 🔀 BingX In-app code - 1 CRYPTO | PERRY

Thoughts out loud 💵 I've been analyzing what has happened to the banking system over the last year and have come to realize that Satoshi Nakamoto's manifesto about the failure of the banking system and changing it through decentralization after 15 years is slowly coming to fruition. It's painful to see that this whole story, which started as a breath of fresh air in a smoky ash heap, has turned out to be just a springboard for digitizing people Unfortunately, not everyone realized this at first or understands now, but over time, it has become obvious to more people. The first ones to catch on were the vanguards of the entire crypto movement, the very same cypherpunks who were there at the beginning. The main crowd went underground in 2017 during the hype wave, dissolving into oblivion while adhering to the traditions of anonymity and decentralization, and not finding that in the rising hype, which was actively turning into the casino and poker boom of the early 2000s. The next cycle will be the last, leading to a restructuring of the entire financial system. This is not speculation; it is a fact that, alas, we will have to come to terms with. The cycle will be long, but the last one, and according to indicators, it began in the summer of 2022. Oscillators' low won't be updated. The end of the cycle will occur in 2025. Understand that everything has scalability limits, and crypto is no exception. At the peak of the last bull cycle, over 250 million people were drawn tightly into the market. In the next cycle it will be 2-3 billion. There is simply nowhere else to grow. Excluding children under 15 and elderly people who can barely handle their phones, that’s practically the entire planet. This is the peak. Next, we can only hope for the connection of the Galactic Alliance🤣 because there will be no one left to take advantage of. We'll come back to this post in a year ➡️ bingx.com/partner/1 Trading 🔀 BingX In-app code - 1 CRYPTO | PERRY

The chart is primary 📈 For many years, it's been fascinating to see how the chart and price quotes control everything: the news, sentiment (the mood of ordinary participants), activity, and actions. Sometimes it feels like the chart rules the World. In my early years of investing, I denied this fact in every possible way, trying, like most people, to connect the chart's movements with the news. But this approach is completely contrary to reality. The sooner you realize that the chart is primary, the easier it will be for you to navigate our challenging industry The method of controlling participants through the chart has all the elements of unstructured (indirect) management, i.e. nobody explicitly tells you what to do, but through quotations, they create emotions that lead the majority to take actions desired by market makers. In this context, it has always been funny to hear claims about certain influencers being told what to broadcast and market makers feeding them misinformation. When I hear such statements, it becomes clear that those who says this don't understand concepts like general management theory and full-cycle management. Although these theories are described for other processes, they apply universally: to a small group, a company, a campaign, a city, or any direction. It doesn't matter; they simply work in any context So to manage the crypto market, like any other market, you only need the volume that can move this market, everything else will follow the price And once again: any news can be interpreted either positively or negatively. The interpretation is determined solely by the chart Give some thought to everything I've written ➡️ bingx.com/partner/1 Trading 🔀 BingX In-app code - 1 CRYPTO | PERRY

Infoglut and its consequences🤯 I constantly bring up some of the theses related to this, but it is so topical and steadily ingrained in people's minds that it wouldn't hurt to explain this separately: 1. One of the most important aspects for successful trading and investing is to ignore the infoglut: good or bad news - it doesn't matter, because their interpretation can be different, it's all about the optics. Any decision making should be based only on your impartial analysis, but in no case on opinions about the coming crisis, collapse, or growth, BTC = 0 or $1mil - it's all rubbish created only to distract you 2. The best investments are made in silence and based on cold-blooded numerous calculations 3. If you catch an unusual concentration of one-sided opinion from the majority - take the opposite side, no matter how idiotic it may seem to you at that moment 4. Avoid what's already overhyped: if you hear about some N being discussed by everyone, basically being on everyone's lips, and you are not there yet - then it's a bit late, just ignore it. 5. Some of you have worries about local correction that happened this month, but you forget about the 4-5 months of growth that preceded this minor dip ➡️ bingx.com/partner/1 Trading 🔀 BingX In-app code - 1 CRYPTO | PERRY

Some middle of the week thoughts 1. As you can see, sometimes I can appear ad hoc here, especially when the market is not that rich for newsbreaks. Once the full trend comes we'll have more to talk about, and I will sit at my PC incessantly looking at charts, doing research and analysis. Now is the best time to have a short rest and calmly gain positions if you haven't already. You need to understand that 99.999% of market participants experience some degree of boredom and are getting sick of the market, maybe even expecting that the trend will never come. These feelings pierce you to the depths of your soul, and only those who lead the market, as well as a handful of those who managed to separate themselves and look at the situation soberly, do the right things. The trend will come lightning fast, without giving a chance to those who were dumb to catch on 2. No one can predict with accuracy the day or price values of the beginning of a true Bull Run. One thing is certain, things will be different: the faces of the cycle will change, as will the players, and there will be some absolutely wild stories, but of different people. Don't rely on those who were on TOP in the past cycles. Crypto usually only gives you a lucky ticket once, then at best a steady correction for years to come. To be honest, I would even be happy to see a Shake out like in March 2020, so that the sentiment would finally change to a unanimous ‘going to zero’, then I would feel more comfortable with the situation 3. The main difference between large and small investors is the ability to wait. Sequoia, being the #1 best angel investor, have profited hundreds of thousands and millions of % returns thanks to the best tech hunters and decades long patience (think about it). And yes, the problem of retail is that even after catching some trend, they start to be satisfied with little, taking ridiculous x2-3-4 from the bottom, although the trend has, for instance, x200 stashed in the pocket for them (you need to work with this too). However unfortunate it is, all these points are just aspects of behavioral psychology 4. Just yesterday, I came across a question from a subscriber of another channel, where the reader wondered what would happen to his funds on SafePal wallet if he forgot his password. Of course, his funds are safe, and the password has nothing to do with it. By knowing the recovery phrase, you can easily regain access to crypto from any wallet. Even better, you can decompose mnemonics into separate private keys and generally feel like an advanced crypto user Read the article we published here before -> https://teletype.in/@cryptoperry/How_to_access_private_keys_from_a_seed_phrase After reading it you'll be smarter than 95% of crypto users, judging by what I see in some chats. 5. If you still want to show off your intelligence and be among the 1% of crypto users who grasp the intricacies, I recommend the article ‘Mathematical Undecidability’ - https://t.me/cryptperry/17 (it's already enough to outshine anyone in cryptography conversations. Although I admit that since the post was read by 22,000 users in this channel only, the information went out to the masses). ➡️ bingx.com/partner/1 Trading 🔀 BingX In-app code - 1 CRYPTO | PERRY

The inevitability of altcoins rise📈 Sometimes I read colleagues who are predicting crypto collapse and ‘all is lost’ situation, some are drowned in this position and don't want to hear anything else Let me put it to you this way: - They are just used to it. A long, very long bear market, followed by a dead Hate Rally, where basically last traders who were trying to short all the miserable BTC growth were trampled, and the alts remained in the forgotten backwaters of the Universe. But here's how it's going to be: 1. The fiercest altcoin season you can imagine is ahead of us 2. The alt season will start in June this year and will last almost a year (you can screenshot it)📱. This is the time when the market will have opportunities for creating or growing capital 3. My opinion - this trend will be the last one, followed by a long and tedious unloading, which could take even 10 years. You have all the chances to ride the fortune - go ahead. 4. There will be no last minute chances, because no one will want to jump into the growth of +100-200%, especially brave ones will even try to short it (they'll be destroyed, because x2-3 will only be the beginnings of the trend) - they + cash injections + panic in other markets will be the main triggers of growth. 5. The stables will be annihilating. We are about to have a new comprehensive centralized $, exchanges will be forced to switch to it (possibly the end of '24, early '25). Hopefully we'll be following a scenario where it happens quietly and gradually. Otherwise, all current stables will scam (no kidding). There are lots of options, I only listed two of them. Scam and problems with stables can be an additional trigger for growth, and possibly even the main one 6. BTC is not particularly interesting, there will be sluggish growth. Alts will be off the chain - the growth will be wild, there you will find your Game Changers (all assets in 1.5 year accumulation. Open arithmetic charts if you have doubts). 7. It's hard to predict: who will be in the vanguard and who will be in the rearguard. You need to catch the 'winds of change' tendencies, but if you focus on ecosystem solutions, you will never fail. Take into account all aspects: capitalization, unlocks, fund prices, what new things the project has done during the bear phase (there was plenty of time), whether there is free capital for development (for example, the NEAR Foundation has $450 million in cash in banks alone for the ecosystem), etc. There are a lot of nuances, but you'll be able to deal with the research 8. I admit the thought that they might intimidate us with something once again. If we see a shake out - the confidence in the wild trend will increase from 95 to 100%. I wouldn't bet on such a thing if I were you, just buy into assets that are interesting to pick up on the trend. Just keep buying up all the time 9. Forget the word ‘sell.’ One of the most important mistakes in the course of a trend is getting out early. Figuratively, I've seen people sell SOL $2-3$ and they thought they were picking up +100-200%, but in reality, they were missing out on x100 growth. Similar situation with DOGE: I know a guy who spent the entire last bear cycle accumulating DOGE (the bag was very heavy), he took out +200% (x3 total) and DOGE made x300. Of course, you should unload on the sufficiency of the profit, but remove the bearish habits of settling for a little in yourself 10. Everything I write about has the horizon of the coming year. I'm not bothered with what happens on the charts +-5% and you should not be either. Yes, you can intraday trade, but you won't outpace the trend and investors ever P.S. BINGX is our only partner among exchanges. In the near future I will fly to Singapore to meet with the management. Stay Tuned - Karma bonuses✨ for reposts and reactions (don't forget about them) ➡️ bingx.com/partner/1 Trading 🔀 BingX In-app code - 1 CRYPTO | PERRY

Partnership with exchanges, 'affiliate' program part 5 «what's your benefit?» It's 2024 and many people have already realized that things are not as rosy in the crypto environment as we would like them to be. Decentralization hasn't even begun, and the ordinary crypto-enthusiast is the most unprotected one, because there is no body to which you can contact and hold Binance accountable. Yes, you can try to appeal to the police, but I think the first thing they will be interested in (in the case of medium and large amounts) is where the money comes from, not how to help you in issue resolution Therefore, let's smoothly move to the list of the main advantages that the user (trader) receives, registering via the links of adequate influencers, which are partners of exchanges: 1. Resolution of practically any issues: First of all, we are talking about blocking, because every exchange has a so-called risk management department, mostly it's software that tracks suspicious activity and can block an account for any nonsense. This is where Influencer and his connections with the management of the exchange come to your aid, which allow you to solve the problem without wasting time and nerves. - I can definitely say that this practice was introduced by us and our colleagues since we solved dozens of blockings on BYBIT 20-21 months ago, I wrote about it in my russian-language channel, surely many from there remember those cases. ❌ Take my word for it, crowds of people flooding the private messages about blocked funds on exchanges are ready to give unimaginable % for getting access to funds again. Right now my personal page is filled with cases of blocking and the maximum of them is $4.6 mil. It may seem that it concerns only large deposits, but it's not so, deposits of $5-10-20k are also plenty. Therefore, I do not recommend you to joke around with this issue 2. VIP levels opening: Optimization of expenses is an integral factor in the formation of any business and entrepreneurship, trading is no exception. That's why by taking advantage of influencer's perks, you as a user and trader can really save money. Getting any advantage in the form of discounts on commissions, you are in the 3% of users who have this advantage and those who are savvy, actively take advantage of it. At a distance - this is a saving of hundreds of thousands of $ and even millions of $ for those who really trade big, and even for the average capital saving of tens of thousands of $ is also significant 3. Holding promotions: Often, 80% of promotions that are held on exchanges, have a condition - mandatory registration via partners' links, i.e. by registering through a direct link of the exchange, you simply deprive yourself of the opportunity to participate in them and trying to register in such promos will give you a notice ‘the action is valid only for invited partners’. This all happens because most of the promos influencers bargain for the development of community and the exchange puts such restrictions so that uninvited users did not participate, because each promo on its own is essentially a minus for the exchange's pocket, and they don't like minuses, believe me 4. Personal communication: Lots of influencers, whom you follow, are old-timers of the market and have solid experience and background. Experience is defined by the number and scope of mistakes made in the past and personal communication can be a bridge to transfer that experience to you. Of course, there is not enough time for everyone, but for some limited group it can be allocated. Therefore, try to use this moment as well. Sometimes, even a small piece of advice or a recommendation can be a trigger for Global Growth To be continued... ➡️ bingx.com/partner/1 Trading 🔀 BingX In-app code - 1 CRYPTO | PERRY

Partnership with exchanges, 'affiliate' program part 5 «what's your benefit?» It's 2024 and many people have already realized that things are not as rosy in the crypto environment as we would like them to be. Decentralization hasn't even begun, and the ordinary crypto-enthusiast is the most unprotected one, because there is no body to which you can contact and hold Binance accountable. Yes, you can try to appeal to the police, but I think the first thing they will be interested in (in the case of medium and large amounts) is where the money comes from, not how to help you in issue resolution Therefore, let's smoothly move to the list of the main advantages that the user (trader) receives, registering via the links of adequate influencers, which are partners of exchanges: 1. Resolution of practically any issues: First of all, we are talking about blocking, because every exchange has a so-called risk management department, mostly it's software that tracks suspicious activity and can block an account for any nonsense. This is where Influencer and his connections with the management of the exchange come to your aid, which allow you to solve the problem without wasting time and nerves. - I can definitely say that this practice was introduced by us and our colleagues since we solved dozens of blockings on BYBIT 20-21 months ago, I wrote about it in my russian-language channel, surely many from there remember those cases. ❌ Take my word for it, crowds of people flooding the private messages about blocked funds on exchanges are ready to give unimaginable % for getting access to funds again. Right now my personal page is filled with cases of blocking and the maximum of them is $4.6 mil. It may seem that it concerns only large deposits, but it's not so, deposits of $5-10-20k are also plenty. Therefore, I do not recommend you to joke around with this issue 2. VIP levels opening: Optimization of expenses is an integral factor in the formation of any business and entrepreneurship, trading is no exception. That's why by taking advantage of influencer's perks, you as a user and trader can really save money. Getting any advantage in the form of discounts on commissions, you are in the 3% of users who have this advantage and those who are savvy, actively take advantage of it. At a distance - this is a saving of hundreds of thousands of $ and even millions of $ for those who really trade big, and even for the average capital saving of tens of thousands of $ is also significant 3. Holding promotions: Often, 80% of promotions that are held on exchanges, have a condition - mandatory registration via partners' links, i.e. by registering through a direct link of the exchange, you simply deprive yourself of the opportunity to participate in them and trying to register in such promos will give you a notice ‘the action is valid only for invited partners’. This all happens because most of the promos influencers bargain for the development of community and the exchange puts such restrictions so that uninvited users did not participate, because each promo on its own is essentially a minus for the exchange's pocket, and they don't like minuses, believe me 4. Personal communication: Lots of influencers, whom you follow, are old-timers of the market and have solid experience and background. Experience is defined by the number and scope of mistakes made in the past and personal communication can be a bridge to transfer that experience to you. Of course, there is not enough time for everyone, but for some limited group it can be allocated. Therefore, try to use this moment as well. Sometimes, even a small piece of advice or a recommendation can be a trigger for Global Growth To be continued... ➡️ bingx.com/partner/1 Trading 🔀 BingX In-app code - 1 CRYPTO | PERRY

Partnership with exchanges, 'affiliate' program part 4 ‘where does the money come from?’ 1. Using any exchange: buying or selling assets, opening long or short - you inevitably pay a commission (let's take it as 1 or 100%). All commission rates are available on the exchange's website, and you can also look at -> https://coinmarketcap.com/rankings/exchanges/derivatives/ (for futures): maker - limit, taker - market order. 2. The exchange has already taken 100% of these commissions from the deal, regardless of how, where and with whom you trade. Then, the exchange can give part of these 100% of the withdrawn commissions to affiliates. The conditions are different and depend on many factors, but we can take 50% as an average value. i.e. the income of an Influencer is 50% of the paid commissions of traders who trade with him. It seems a little, and especially for those who don't trade much, but when there are hundreds or thousands of such people, it's quite a nice amount that helps in the development of influencer's resource 3. There are not so many ways of monetization for crypto influencers: VIP groups, trainings, advertising, donations, getting allocations in projects, fiat<->crypto exchange, and exchange's affiliate program. Personally, I sincerely believe that monetization through affiliates (along with exchanges) are the most sensible ways, because we are talking about 100% of commissions already paid and it makes no difference to the end user whether the commission went to the exchange or part of it went somewhere else, as it has already been paid and thinking about it - like thinking about where the money from your restaurant bill will go - is pointless 4. But what's important is not even the fact that the user doesn't care where the paid commissions will be distributed, but what he gets in the case of trading, registering via the links of sensible Influencers (I note that we are talking only about adequate ones, because I've seen lots of stories where affiliates showed themselves as complete bastards in relation to users). So we will talk about the WIN system on the user side in the next post ➡️ bingx.com/partner/1 Trading 🔀 BingX In-app code - 1 CRYPTO | PERRY

Partnership with exchanges, 'affiliate' program part 3 ‘exchanges categorization (2)’ 3. The ‘NOT Binance’ group: Basically these are all the established exchanges with 5 or more years of successful business history and all of them are focused on the core product - futures trading as the most profitable for the exchange. For those who don't understand ‘why’ - read my previous articles ‘A game with negative mathematical expectation’ part 1 | part 2 | part 3 (reading it will remove all questions and rose-coloured glasses). This whole group of futures exchanges can be checked -> https://coinmarketcap.com/rankings/exchanges/derivatives/ (CMC are quite careful about listings in the exchanges section, so being in WL will already protect you from scam for 95%) If we go further, we'll see that almost all exchanges come from Asia with registration and Head Office in Singapore, this is due to the policy of liberal economic legislation, introduced by Lee Kuan Yew in the middle of the last century, and the crypto-economy being in the grey zone (if someone doesn't understand, there is still no regulatory legislation and controlling bodies in the world. The dispute for power is between the SEC and CFTC, but that's another story). In general, all of them are from there and all of them are run by the Chinese, most of the management of these exchanges were previously employees of OKX (the main forge of personnel, which is also a separate story). All exchanges have +- the same functionality, size of commissions, lack of liquidity on spot and enough liquidity on futures. And then the most interesting thing starts: All these identical futures exchanges try to capture market share by resorting to advertising, partnership programs, public image stories, constant development of platforms, expansion of the list of assets, bonuses, etc. In the language of capitalism, this is competition in its purest form (in fact, it's the engine of progress) It is this group that is the number 1 object for affiliates and vice versa, here are the most interesting moments, because in the US no one will let such a thing unfold, and Binance did a clever thing - they just screwed all partners 🤣 ➡️ bingx.com/partner/1 Trading 🔀 BingX In-app code - 1 CRYPTO | PERRY