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Why burn tokens?
The mechanism works by burning tokens when the asset price is low to reduce supply and better match demand. Algorithmic stablecoins often mint more of the coin to increase global supply when the opposite occurs.📝
#token #Binance #learning #crypto2023
The mechanism works by burning tokens when the asset price is low to reduce supply and better match demand. Algorithmic stablecoins often mint more of the coin to increase global supply when the opposite occurs.📝
#token #Binance #learning #crypto2023
Last year I took blockchain and cryptocurrency courses Today I enter the app where I took the course and I say goodbye to 2022 It was a year where I learned a lot and there is still a lot to learn.
This 2023 we come with everything 🔥🚀
#Binance #Cryptocurrency #NFT #learning
This 2023 we come with everything 🔥🚀
#Binance #Cryptocurrency #NFT #learning
How do I get rich in cryptocurrency fast?
There’s no denying that some cryptocurrency traders have become millionaires thanks to their successful investments. But most consumers view cryptocurrency as a speculative investment vehicle used to gain wealth very quickly, Crypto isn't a get-rich-quick scheme, It's a wealth-building tool.
I have even stumbled across questions where people also ask ‘can you be a millionaire from crypto?’, in as much as a lot of cryptocurrency traders have emerged e millionaires, there are no guarantees that you'll become a millionaire, but if you invest in the right places and hold those investments for the long term, it's still possible to see significant returns.
In order to become successful in any field, including cryptocurrency investment, you need to gain knowledge. In this article, i will give some cryptocurrency investing tips that will help you become a more successful investor.
1.Stick to Cryptos That Serve a Purpose
There are literally thousands of cryptocurrencies you can trade, but many, if not most, of these won’t ever amount to anything. Although you may get lucky and make money trading any crypto, if you’re looking to build long-term wealth, you’ll have to invest in cryptos that have staying power.
2.Day Trade
If you’re looking for the highest risk/reward option when trying to get rich and have good returns via cryptocurrency, consider day trading.
3.Understand the Crypto Language and Read Daily News
In order to become successful in any field, including cryptocurrency investment, you need to gain knowledge. You need to read books and articles and watch videos to increase your knowledge on various topics about it.
4.Staking Crypto
If you’re looking at cryptocurrency as an investment, then staking might be the best option for you. With Ethereum being the second largest cryptocurrency by market share, you can stand to earn a significant amount of passive income by staking your Ethereum on the network. Not only that, but you’ll also earn the transaction fees which come along with sending Ethereum.
5.Buy and HODL
This is the most common way of earning money from cryptocurrencies. Most investors buy coins such as Bitcoin, Litecoin, Ethereum, Ripple, and more and wait until their value rise. Once their market prices rise, they sell at a profit.
Conclusion
So, Can you make money with cryptocurrency fast? Well, there, you now have your answer. You now have 5 ways of how to make money with cryptocurrency; try the ones that work for you and see their impact.
Was this brief article helpful? Have you learned something? If yes, then click on the Like icon , SHARE, drop a COMMENT and FOLLOW my profile for more interesting contents on finance and cryptocurrency related issues.
Thank you for reading.
$AVAX $BOME $IMX
#LearnFromMistakes #Learn2Write #learning #LearningExperience #TradeSmart"
@Grow Queen @Binance @Bitcoinworld
I have even stumbled across questions where people also ask ‘can you be a millionaire from crypto?’, in as much as a lot of cryptocurrency traders have emerged e millionaires, there are no guarantees that you'll become a millionaire, but if you invest in the right places and hold those investments for the long term, it's still possible to see significant returns.
In order to become successful in any field, including cryptocurrency investment, you need to gain knowledge. In this article, i will give some cryptocurrency investing tips that will help you become a more successful investor.
1.Stick to Cryptos That Serve a Purpose
There are literally thousands of cryptocurrencies you can trade, but many, if not most, of these won’t ever amount to anything. Although you may get lucky and make money trading any crypto, if you’re looking to build long-term wealth, you’ll have to invest in cryptos that have staying power.
2.Day Trade
If you’re looking for the highest risk/reward option when trying to get rich and have good returns via cryptocurrency, consider day trading.
3.Understand the Crypto Language and Read Daily News
In order to become successful in any field, including cryptocurrency investment, you need to gain knowledge. You need to read books and articles and watch videos to increase your knowledge on various topics about it.
4.Staking Crypto
If you’re looking at cryptocurrency as an investment, then staking might be the best option for you. With Ethereum being the second largest cryptocurrency by market share, you can stand to earn a significant amount of passive income by staking your Ethereum on the network. Not only that, but you’ll also earn the transaction fees which come along with sending Ethereum.
5.Buy and HODL
This is the most common way of earning money from cryptocurrencies. Most investors buy coins such as Bitcoin, Litecoin, Ethereum, Ripple, and more and wait until their value rise. Once their market prices rise, they sell at a profit.
Conclusion
So, Can you make money with cryptocurrency fast? Well, there, you now have your answer. You now have 5 ways of how to make money with cryptocurrency; try the ones that work for you and see their impact.
Was this brief article helpful? Have you learned something? If yes, then click on the Like icon , SHARE, drop a COMMENT and FOLLOW my profile for more interesting contents on finance and cryptocurrency related issues.
Thank you for reading.
$AVAX $BOME $IMX
#LearnFromMistakes #Learn2Write #learning #LearningExperience #TradeSmart"
@Grow Queen @Binance @Bitcoinworld
Investing in a #cryptocurreny is not a one-day job folks. It is an investment mindset backed up with #Knowledge and continuous #learning routine that you should build yourself. Be patient and don’t let others fool you of becoming a millionaire in 24 hours.
My opinion based on deep analytics, if you wanna become a 100x of your today is to hold your $BTC (unless you need the money 😉) as it is going to be your pay day sooner than you can even imagine,if and only if you stayed calm and hold it strong. #HodlStrong #HODL"
My opinion based on deep analytics, if you wanna become a 100x of your today is to hold your $BTC (unless you need the money 😉) as it is going to be your pay day sooner than you can even imagine,if and only if you stayed calm and hold it strong. #HodlStrong #HODL"
#Write2Eam #learning #EarnFreeMoney
Bonjour bonjour ! Aujourd’hui je partage avec toi une opportunité d’obtenir une cryptomonnaie gratuitement ! Il te suffit de répondre au quiz concernant l’écosystème RADIANT et le tour est jouer!
$RDNT abonne toi pour être au courant de new sur comment gagner free!
Bonjour bonjour ! Aujourd’hui je partage avec toi une opportunité d’obtenir une cryptomonnaie gratuitement ! Il te suffit de répondre au quiz concernant l’écosystème RADIANT et le tour est jouer!
$RDNT abonne toi pour être au courant de new sur comment gagner free!
I am going to share my trading strategy in three steps.
Step 1:
First, start from the higher timeframes like Daily/Weekly to identify the current long-term trend. Is it bulish, bearish, or stuck inside a range?
If the price is sitting in the middle of nowhere, then it is a NO trade zone, as the price has a 50% chance to go either up or down. Thus, there's no edge!
Remember: No trade is also a trade. Wait for the price to approach the lower bound or upper bound. Then proceed to Step 2.
Step 2:
Zoom in to lower timeframes like H1 and M30 to look for any reversal setups.
A basic approach would be to wait for a swing low to be broken downward around a resistance as a signal that the bears are taking Over.
In parallel, wait for a swing high to be broken upward around a support for the bulls to take Over.
This would be the confirmation to enter the trade.
Just like a sniper waiting for the perfect shot!
Step 3:
Target at least a 1/2 risk-to-reward ratio. This way, even with a 50% win rate, you can still be profitable.
Remember: We are risk managers, not traders. We can't control the market; the only thing we have control over is our risk. Always follow your trading plan regarding entry, risk management, and trade management.
Hope you find the content of this post useful
FOLLW for more
#Trading #learning #strategy #etf
Step 1:
First, start from the higher timeframes like Daily/Weekly to identify the current long-term trend. Is it bulish, bearish, or stuck inside a range?
If the price is sitting in the middle of nowhere, then it is a NO trade zone, as the price has a 50% chance to go either up or down. Thus, there's no edge!
Remember: No trade is also a trade. Wait for the price to approach the lower bound or upper bound. Then proceed to Step 2.
Step 2:
Zoom in to lower timeframes like H1 and M30 to look for any reversal setups.
A basic approach would be to wait for a swing low to be broken downward around a resistance as a signal that the bears are taking Over.
In parallel, wait for a swing high to be broken upward around a support for the bulls to take Over.
This would be the confirmation to enter the trade.
Just like a sniper waiting for the perfect shot!
Step 3:
Target at least a 1/2 risk-to-reward ratio. This way, even with a 50% win rate, you can still be profitable.
Remember: We are risk managers, not traders. We can't control the market; the only thing we have control over is our risk. Always follow your trading plan regarding entry, risk management, and trade management.
Hope you find the content of this post useful
FOLLW for more
#Trading #learning #strategy #etf
What you need to know About Cryptocurrency Layers
A Layer 1 (L1) blockchain is a base blockchain on which secondary blockchain networks and applications are sometimes built. Bitcoin and Ethereum are the two biggest L1 blockchains in the world. L1 blockchains provide the basic infrastructure and security that Layer 2 (L2) blockchains need to function.#CryptoAnomalies #crypto #learning #BTC #EthereumHigh
Astonishing Facts About BitcoinPizza Day That Will Blow Your Mind:
Bitcoin Pizza Day is celebrated on May 22nd each year.
On May 22nd, 2010, Laszlo Hanyecz paid 10,000 bitcoins for two pizzas.
At the time, 10,000 bitcoins were worth about $41.
Today, 10,000 bitcoins are worth over $300 million.
Hanyecz has said that he does not regret his purchase, and that he is glad to be a part of Bitcoin history.
Bitcoin Pizza Day is a celebration of innovation, and the power of technology to change the world.It is also a day to learn about Bitcoin, and to consider the potential impact that it could have on our lives.
🍕🍕🍕🍕🍕🍕🍕🍕🍕🍕 Follow For More Updates, Like, Share & Comment below!!!
#binancepizza #bitcoinpizzaday #bitcoin #learning #feedfeverchallenge
Bitcoin Pizza Day is celebrated on May 22nd each year.
On May 22nd, 2010, Laszlo Hanyecz paid 10,000 bitcoins for two pizzas.
At the time, 10,000 bitcoins were worth about $41.
Today, 10,000 bitcoins are worth over $300 million.
Hanyecz has said that he does not regret his purchase, and that he is glad to be a part of Bitcoin history.
Bitcoin Pizza Day is a celebration of innovation, and the power of technology to change the world.It is also a day to learn about Bitcoin, and to consider the potential impact that it could have on our lives.
🍕🍕🍕🍕🍕🍕🍕🍕🍕🍕 Follow For More Updates, Like, Share & Comment below!!!
#binancepizza #bitcoinpizzaday #bitcoin #learning #feedfeverchallenge
Trading tip #2
Emotional Discipline: Don't let emotions drive your trading decisions. Fear and greed can lead to impulsive actions and poor outcomes. Stick to your trading plan and remain disciplined.
#TrendingTopic #learning #trading #btc
$BTC
Emotional Discipline: Don't let emotions drive your trading decisions. Fear and greed can lead to impulsive actions and poor outcomes. Stick to your trading plan and remain disciplined.
#TrendingTopic #learning #trading #btc
$BTC
#DoYouKnow
What is #blockchain ?
It is decentralized and distributed digital ledger technology that is used to store information/data/transaction across multiple computers simultaneously to ensure transparency, security, and immutability. These transactions are grouped in blocks and are linked together using cryptography principles, creating a chain, hence named as BlockChain.
#SupportQualityContent
#learning
What is #blockchain ?
It is decentralized and distributed digital ledger technology that is used to store information/data/transaction across multiple computers simultaneously to ensure transparency, security, and immutability. These transactions are grouped in blocks and are linked together using cryptography principles, creating a chain, hence named as BlockChain.
#SupportQualityContent
#learning
