$NOT

Hey Binance Square fam! 👋 Let's talk crypto, shall we? Specifically, a coin that's caught my eye 👀 and might just be the rocket fuel 🚀 your portfolio needs!
Now, I'm no financial advisor (so always DYOR 😉), but I've been charting this coin 📈 and I'm seeing some seriously interesting signals.
Here's the lowdown:
This coin is linked to the mighty TON coin 🪙, which gives it some STRONG 💪 fundamentals. Think of it like this: if TON does well, this little guy is likely to catch a ride on its coattails!
But, BUT... (there's always a but, right? 😅)
We need to be aware that this coin can be a bit of a rollercoaster 🎢. Just like TON, it can have its fair share of dips and corrections. Think of it as a spicy salsa 🌶️ - a little bit of risk for a whole lot of potential reward!
Here's where it gets exciting! 🎉
I've spotted a bullish divergence on the RSI. For those not in the know, this is like a secret code 🕵️‍♂️ the market whispers, hinting that a trend reversal might be on the horizon! It's like the market saying, "Hey, I might look like I'm going down, but I'm actually about to take off! 🚀"
(Check out the chart for a visual representation! 📊)
What does this mean for you?
Well, it could mean that now is the perfect time to grab your ticket 🎟️ before this rocket leaves the station! Imagine being on board 🚂 when this thing takes off! 🤑
Here's the thing:
* Do your own research! I can't stress this enough. Don't just take my word for it. Dive deep, explore the project, and make sure it aligns with your investment goals.
* Manage your risk! Crypto is volatile, so never invest more than you can afford to lose.
* Stay informed! Keep an eye on market trends and news.
Final Thoughts:
This coin has the potential to be a real game-changer 🏆. With its strong fundamentals and a potential trend reversal on the horizon, it's definitely one to watch 👀.
What are your thoughts? Are you as excited as I am? Let's discuss in the comments below! 👇
#crypto #investing #altcoins #bullish #potential #DYOR #BinanceSquare

Activist investor Elliott Management says crypto is facing an ’inevitable collapse’ after its ‘perceived proximity to the White House’ inflated a bubble.
• An investor letter from Elliott Management outlined its concerns that the White House’s support of crypto helped fuel a bubble and that it could weaken the U.S. dollar’s role as a global reserve currency.

Famed activist investor Elliott Management sent investors a letter warning of a possible crypto bubble fueled in part by President Donald Trump’s having promoted the technology. 

The letter, which was first reported by the Financial Times, cautioned investors that the “inevitable collapse” of the crypto bubble “could wreak havoc in ways we cannot yet anticipate.” Elliott also warned that the White House’s embrace of cryptocurrency would weaken the role of the U.S. dollar in the global economy by diminishing its role as the world’s primary reserve currency.

The size of the crypto bubble and therefore the risks it posed to investors and the economy had increased sharply recently because of its “perceived proximity to the White House,” Elliott said in the letter. 

Elliott declined to comment. The White House did not immediately respond to a request for comment. 

During the campaign, Trump regularly declared his support for cryptocurrencies and his desire to see the U.S. become the dominant country in the industry. The president has also been involved in several crypto ventures including crypto platform World Liberty Financial and launching a memecoin of his own. In addition, his media company announced plans earlier this week to develop a fintech service that would allow for the trading of digital assets, among other things. 

Since Trump’s election win in November, crypto prices have soared along with stocks associated with the industry as well as U.S. markets overall. Just a few days after taking office, Trump signed an executive order that began the process for creating a national reserve of digital assets.

Elliott said it had “never seen a market like this” with so many investors pumping money into the market based purely on speculative hype. Elliott also warned against a surge in prices for speculative assets it believed had “no substance.” That category of asset, which includes memecoins, has no underlying value and is instead only fueled by investors’ hope that they’ll be able to find someone else who will pay a higher price for it than they did. 

“Crypto is ground zero” for these speculative assets, Elliott wrote in the letter. 

In Elliott’s view, this had driven flocks of investors toward crypto. But many of them were merely hoping that the market would continue to go up. They are “acting like a crowd of sports bettors,” the letter read. 

But the crypto bubble doesn’t just pose a risk to individual investors, who are at risk of seeing their investments wiped out should a bubble pop. The support for cryptocurrencies from the White House, and specifically the effort to create a national reserve, would harm the U.S. dollar, according to Elliott, which also said that any support from public officials for policies that might result in “marginalizing the dollar” was “profoundly dangerous.” 

Elliott is no stranger to combative market dynamics. The firm is a powerful activist investor, founded by Paul Singer, that has often taken on companies in extended boardroom battles. As an activist investor, Elliott often identifies companies that are not performing as well as they could be and believes it can right the ship.

The firm has even taken on similar postures with governments. Most memorably in Argentina it engaged in a 15-year legal battle with the government over missed debt payments as one of the country’s creditors. Elliott eventually reached a $2 billion settlement with the Argentine government.

#crypto $XRP

If you're serious about making money in crypto trading, here's a hard truth: success won't come overnight. It requires dedication, focus, and a commitment to learning. Here’s how you can set yourself up for long-term success, and why you should take it step by step:

💥DEDICATE A WHOLE YEAR TO LEARNING
Crypto trading is not a "get-rich-quick" scheme. The first step to success is dedicating a full year to mastering the ins and outs of crypto markets. The best traders are always learning, adapting, and refining their skills. A year of commitment will give you the knowledge, experience, and mental toughness to make informed decisions and avoid impulsive mistakes.
WHY❓
Crypto markets are volatile and complex. You need time to understand market cycles, charting, technical analysis, and risk management strategies. Don’t rush the process, as the lessons learned over time will shape your success.

💥2.CREATE AN ENVIRONMENT WHERE YOU CAN FOCUS
Crypto trading is all about making calculated decisions, which means you can’t afford distractions. Create an environment where no one can disturb you, and where you can think clearly. Whether it’s setting aside specific times for trading, or finding a quiet space, this focus will allow you to better absorb complex information and make confident decisions.
WHY ❓
Distractions lead to emotional decision-making, which can cloud your judgment. The more focused you are, the more likely you are to see patterns and make the right calls.

💥3.LEARN ANALYTICS, NOT GOSSIP
In the crypto world, it’s easy to get caught up in the hype and chase after rumors or tips from influencers. Instead, invest your time in learning analytics and solid strategies. Focus on technical analysis, market indicators, and understanding price movements. Follow data, not people.
WHY ❓
Chasing trends or blindly following others will only make you lose money. The true value in trading lies in your ability to read the markets and rely on your own informed insights, not on hearsay.

💥4.AVOID FUTURE TRADING AT THE START
If you’re new to crypto trading, avoid futures trading at all costs. The risks are far too high, and the market’s volatility can wipe out your capital in the blink of an eye. Futures trading can cause extreme stress and anxiety, and you'll feel like a victim, constantly losing, because the odds are stacked against you if you're not fully prepared.
WHY ❓
Futures trading involves leverage, which means you can lose more than you initially invested. With the unpredictable nature of the crypto market, it’s easy to get trapped in a cycle of loss and frustration. Stick to safer, more calculated trades as you build your expertise.

💥5. MASTER THE CRAFT AND BECOME AN EXPERT
Success in crypto trading isn’t about luck – it’s about becoming an expert. Invest time in understanding the blockchain, the projects behind coins, risk management, portfolio diversification, and other critical aspects. Be patient with yourself. Over time, you’ll gain the confidence to make better decisions.
WHY ❓
The more you know, the less you’ll rely on guesswork. Expert traders have developed the skills to handle volatility and come out on top. When you treat trading as a craft, it becomes far less risky.

💥6. THE MONEY WILL COME – FOCUS ON SKILL,NOT PRIFIT
Remember, the money follows the skill. Focus on learning, refining, and improving your trading abilities. As you progress and gain experience, profits will naturally follow. Don't jump into the market with the sole aim of making money quickly – that’s when mistakes happen. Instead, build your foundation and let the earnings come as a byproduct of your hard work.
WHY ❓
Success in crypto trading is not about luck; it’s about skill and patience. The more skilled you are, the less you’ll rely on random chances and the more consistent your success will be.
In conclusion, if you want to succeed in crypto trading, dedicate yourself to becoming an expert. Avoid risky shortcuts like futures trading, and instead focus on long-term growth. Master the fundamentals, create an environment that supports your learning, and commit a full year to becoming the best version of yourself as a trader.
👉Start today – your future self will thank you.
#crypto #CryptoSuccessTips #BinanceVietnamSquare #Write2Earn #Write2Earn!