💥 Hace un mes, un amigo mío me contó su experiencia con XRP. Decidió vender una gran cantidad de XRP, pensando que el precio bajaría para luego volver a comprarlo más bajo durante el bullrun. Pensaba que tenía el mercado bajo control… pero no pudo estar más equivocado.
👉 Resultado: Después de vender, el precio siguió subiendo y, cuando finalmente quiso comprar de nuevo, se quedó atrás. Terminó perdiendo 70 XRP solo por intentar jugar con los precios.
¿Por qué esto es tan arriesgado? 🤔
1️⃣ La subida puede ser imparable:
En un bullrun, los precios de las criptomonedas pueden seguir subiendo más rápido de lo que esperas. Vender con la esperanza de comprar más barato puede ser una trampa, ya que el mercado no siempre sigue las expectativas. El precio sigue subiendo y te quedas fuera. 📈🚀
2️⃣ El FOMO es real:
Cuando vendes pensando que bajarás a un mejor precio, te arriesgas a entrar en el FOMO (Fear Of Missing Out) cuando el precio sube más de lo esperado. Intentar entrar otra vez puede ser costoso. Te quedas atrapado en la ola de pánico por no haber comprado cuando tenías la oportunidad. 😬💸
3️⃣ El mercado de cripto es impredecible:
A pesar de las predicciones, nadie puede predecir con certeza hacia dónde va el mercado. Vender en un momento bajo para comprar más barato suena lógico, pero es una jugada arriesgada, ya que podrías perder oportunidades de ganancias mayores si el mercado no baja. 🔮⚠️
4️⃣ El costo de la espera:
Cada vez que te quedas esperando que el precio baje para volver a entrar, el mercado puede seguir avanzando sin ti. El tiempo es uno de los factores más importantes en los bullruns. Cuanto más esperas, más corres el riesgo de quedarte fuera del rally. ⏳💥
¿Cuál es la mejor estrategia? 🏆
El "hodl" (mantener) durante un bullrun te da la oportunidad de aprovechar el crecimiento sin la ansiedad de hacer movimientos que podrías lamentar después.
Crypto for Advisors: Understanding the Ethereum Economy
Numerous other applications, known as layer-2 or L2 protocols, are being built in addition to Ethereum's functionality. Research analysts Christopher Jensen and David Alderman from Franklin Templeton Digital Assets discuss how Ethereum underlays the Platform economy.
In Ask an Expert, David Lawant from FalconX answers questions about staking and other applications built on Ethereum.
Happy reading.
– S.M.
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Using Ethereum to Understand the Protocol Economy
Most investors are familiar with the business model of the entrenched platform economy, in which a set of powerful tech companies rely on the network effects that they generate to obtain proprietary data, goods or content from users. These tech giants dictate terms favorable to their own businesses yet often limiting for users’ interests. One of the most exciting and perhaps underappreciated aspects of blockchain technology is that it has enabled a new business model – what we call the protocol economy. A blockchain, in its simplest form, is a secure digital ledger that, without the use or need of intermediaries, records new activity to its ledger in exchange for a fee while adhering to its protocol (rules for how the process works). Why does this matter? Blockchains enable digital property rights. Digital scarcity and ownership can now, for the first time, be enforced through software and code rather than organizations and people.
However, not all blockchains function the same way. The Bitcoin network is an application-specific blockchain. It essentially does one thing – records wallet addresses and BTC amounts – but does this very well. It’s secure, transparent and permissionless. Ethereum, on the other hand, is a general-purpose blockchain. Its programming language, along with the introduction of self-executing smart contracts, allows for more complex “if-then” activities. This innovation transforms blockchains from mere distributed ledgers into powerful, global virtual computers. These virtual machines enable developers to create comprehensive applications across various domains securely and autonomously, from marketplaces and financial tools to social networks and even other blockchains.
Ethereum's robust security layer and broader functionality paved the way for new digitally native economies to be built on top of its infrastructure layer. Tokens in such ecosystems are not just currencies but also integral to the network's incentive structure, encouraging coordination and integrity within the decentralized system. Holding Ethereum’s ether token (ETH) signifies more than transactional utility; it represents an ownership stake in Ethereum's network, offering both participatory and economic benefits aligned with the ecosystem's growth. Moreover, the fundamentals of Ethereum’s network can be analyzed in a similar fashion to non-digital companies, which may help inform what ETH is worth (similar to a stock, albeit with some different metrics and nuances).
The protocol economy of Ethereum currently has over 115 million token holders, which has grown at double-digit annual rates over the past four years. Monthly active users grew 25% year-over-year last month and now stands at 6.1 million. If users on Ethereum layer 2s (blockchains built on top of Ethereum to help scale the ecosystem) are included, that user base is over 10 million. Total value locked, the amount of capital stored in Ethereum’s DeFi smart contracts, rose to greater than $50 billion. However, this figure still massively understates the total economic value that the chain secures, which is estimated at $740 billion. And, while Ethereum’s developer count is down year over year, most of that attrition is due to new, part-time developers while the ecosystem’s established developer base continues to rise.
Ethereum’s financial state is likewise robust, with year-to-date total fees and gross profits both up triple digits year-over-year, and revenue for the last 12 months (LTM) revenues stands at $2.7 billion. Furthermore, the network has an ~85% gross margin and is profitable (25% net profit margin) even when accounting for the non-cash token incentives.
So how does one get exposure to this breakthrough technology asset and, just as importantly, the $740 billion value built on top of the chain? Assuming a protocol’s tokenomic design has a value accrual mechanism that allows the value of the network to be captured, then there’s a case to be made for holding the token. When any kind of economic activity happens anywhere in the Ethereum ecosystem, fees (revenues) are generated. Some of those fees fund the network’s security costs (COGS), while the remainder supports token value through strategic buy-and-burn mechanisms (akin to share repurchases). This approach highlights the advantages of protocol economies over traditional platform economies. Rather than buying stock in a company that built a platform that attracted a network, investors and users alike can now own a direct stake in their network’s success.
- Christopher Jensen, director of research, Franklin Templeton Digital Assets
Ask an Expert:
Q. What types of applications are already available on platforms like Ethereum?
A: Ethereum's programming language is designed for high expressiveness, enabling the creation of various applications. While we are still in the nascent stages and innovative entrepreneurs are likely to build groundbreaking applications that we can’t imagine today, the potential impact of crypto on numerous major industries is already evident.
Take decentralized finance (DeFi) as an example; it offers a novel approach to developing and utilizing financial services with minimal dependence on central intermediaries. DeFi platforms can perform extensive services, including trading, lending, borrowing, and even rudimentary asset management functions. Moreover, the evolution of digital property rights has given rise to a vibrant non-fungible token (NFT) ecosystem over recent years. This ecosystem allows tokens representing ownership – from art pieces to concert tickets – to be more fluidly incorporated into our digital existence.
Other significant sectors gaining momentum include decentralized social networks, where users can exert greater influence than conventional models, and gaming, which can significantly expand its design possibilities by incorporating crypto elements. Additionally, artificial intelligence may soon necessitate the secure and verifiable logging of human-generated content within a transparent and immutable ledger, a function uniquely suited to blockchain technology.
Q. What is staking, and how does it work?
A: Staking is an integral process in networks like Ethereum, which rely on proof-of-stake (PoS) to support network operation. It involves participants locking up a certain amount of their cryptocurrency holdings to support the network's operations, including transaction validation and security. This contrasts with networks like Bitcoin, which operate under a proof-of-work (PoW) system and utilize energy-intensive computations to secure the network.
Ethereum switched from proof-of-work to proof-of-stake in September 2022 and, as a result, allowed ETH holders who want to contribute to the network security to derive a native yield in exchange for this extra work. This process is called staking.
The interest rate ETH holders can provide is called the staking rate, and it depends on various factors like the number of validators participating in staking and network transaction fees. Over the past six months, this rate has mostly hovered between 3% and 4%, according to the CESR, a standardized benchmark Ethereum staking rate.
- David Lawant, head of research, FalconX
Keep Reading
JP Morgan analyst said that bitcoin has now overtaken gold in investor portfolio allocation when adjusted for volatility.
Fidelity amended their spot ETH ETF application to include provisions for staking the cryptocurrency.
The London Stock Exchange has announced plans to accept applications for bitcoin and ether crypto exchange-traded notes.
Set Your Profile: Share in $1,000 FDUSD & Win Binance Merchandise!
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💠 Task: 1. Set up your Binance Square profile (nickname, avatar, username, and bio). 2. Reply to this post with your nickname.
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Terms&Conditions: This promotion may not be available in your region.All users must set up their profile before the campaign ends to be eligible for rewards from Promotion A&B. A user can win rewards from both Promotion A & B.Each winner of Promotion A will receive 0.5 FDUSD each. The FDUSD token voucher rewards will be distributed within 15 working days after the promotion ends. Users may check their rewards via Profile > Rewards Hub. The validity period for the token voucher is set at seven days from the day of distribution. Learn how to redeem a voucher.Winners of Promotion B will receive a random Binance merchandise as part of their rewards, and will be notified within 15 working days via Square Assistant push to collect delivery information.If chosen users are from regions not eligible to join the promotion or are identified as ineligible, the reward will go to the next eligible user who meets the conditions.Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this campaign, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelines or Terms and Conditions.
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If you exchange $5000 for 0.1 Bitcoin today, you have the same amount of money for which 20 years later millions of people all over the world will spend their resources, time and labor for ~10 minutes to produce 0.1 units of a money, whose total amount will be exhausted by 97.66% til then.
This $5000 will be 0.000...1% of the US dollar money supply in 2044, when ~0.1 Bitcoin will make up the block subsidy of a Bitcoin block reward. By then that $5000 probably won't even get you a week's groceries.
You have the choice: a week's groceries worth of purchasing power, or generational wealth. A small decision with immense consequences.
📌 If you find this information helpful, consider supporting me.Follow me and like,share,quotes this post.. Your generosity helps me provide quality content.
If you exchange $5000 for 0.1 Bitcoin today, you have the same amount of money for which 20 years later millions of people all over the world will spend their resources, time and labor for ~10 minutes to produce 0.1 units of a money, whose total amount will be exhausted by 97.66% til then.
This $5000 will be 0.000...1% of the US dollar money supply in 2044, when ~0.1 Bitcoin will make up the block subsidy of a Bitcoin block reward. By then that $5000 probably won't even get you a week's groceries.
You have the choice: a week's groceries worth of purchasing power, or generational wealth. A small decision with immense consequences.
📌 If you find this information helpful, consider supporting me.Follow me and like,share,quotes this post.. Your generosity helps me provide quality content.
El lanzamiento aéreo de 1.000.000 de dólares de Binance
El gigante de las criptomonedas, Binance, ha anunciado un emocionante lanzamiento aéreo valorado en la impresionante cifra de 1.000.000 de dólares. Este evento, diseñado para recompensar a los usuarios de la plataforma, ofrece una oportunidad única para intercambiar tokens seleccionados y obtener valiosas recompensas. Ejemplificando su compromiso con la comunidad, Binance busca fomentar la participación y la adopción de criptomonedas entre sus usuarios mediante esta iniciativa generosa.
Los usuarios de Binance tendrán la oportunidad de participar en el lanzamiento aéreo al intercambiar tokens específicos dentro de la plataforma. Este proceso simple y accesible ofrece una oportunidad emocionante para obtener recompensas en forma de tokens adicionales o incluso premios en efectivo. Por ejemplo, los usuarios podrían recibir tokens adicionales de proyectos de criptomonedas de alto valor o participar en sorteos para ganar premios en efectivo.
Aunque el lanzamiento aéreo promete beneficios tentadores, es importante que los participantes comprendan los riesgos asociados. La volatilidad del mercado de las criptomonedas puede influir en el valor de los tokens recibidos como recompensa, lo que podría afectar el retorno de inversión esperado.
Además, es crucial que los usuarios sigan las instrucciones cuidadosamente para garantizar su elegibilidad y maximizar sus posibilidades de obtener recompensas.
A pesar de los riesgos potenciales, el lanzamiento aéreo de Binance presenta una oportunidad emocionante para los usuarios de participar en la comunidad criptográfica de una manera significativa. Al fomentar la participación y la adopción de criptomonedas, Binance continúa demostrando su compromiso con el crecimiento y la expansión del ecosistema criptográfico global. Los participantes tienen la oportunidad de beneficiarse de esta iniciativa mientras contribuyen al desarrollo y la diversificación del mercado de criptomonedas.
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💥💥 2024'ün En Altı Ünlü Altcoin'i! 0.10 Doların Altında Sizi Bekliyor 🔮
Kripto dünyasında heyecan dorukta! Hazır mısınız? İşte tam da bu heyecanla, 2024'ün kripto boğa koşusunda fırlayacak 10 altcoin listesi! 💥
Büyük altcoinlerle meşgul olurken, dikkatinizi 0.10 doların altındaki bu küçük ama çok kıymetli paralara çekiyoruz. Çünkü bu paralar büyük bir patlama yaşamaya hazır! 🔍
BONK (BONK): 🐸 Solana'da en popüler meme coin olan BONK, bir boğa koşusuna hazırlanıyor. Konsolidasyonun sonunda, 0.000025 doların üstüne çıkmasıyla muazzam kazançlar kapıda! GALA: 🎮 Oyun/Metaverse çılgınlığı arasında, GALA bir geri dönüş için bekliyor. Potansiyel bir çift dip deseni, boğaların kontrolü ele alması halinde 0.035 dolara doğru bir hareket bekleniyor. Shiba Inu (SHIB): 🐕🦺 5.30 Milyar dolarlık bir piyasa değeriyle SHIB, boğa bir çıkış için pozisyon alıyor. 0.000010 doların üstüne bir ralli, ciddi kazançlara yol açabilir. Dogecoin (DOGE): 🚀 Zorluklarla karşılaşsa da, DOGE hala boğa görünümünde. 0.10 doların üstünde bir çıkış bekleniyor, yeni bir altcoin sezonu beklentileriyle destekleniyor. Oasis Network (ROSE): 🌹 ROSE, 0.10 doların üstünde kalmayı sürdürerek boğa bir fırsat sunuyor. 0.115 doların üstüne bir çıkış, daha fazla yükselişin sinyalini verebilir. Siacoin (SC): 🔄 Tersine dönüşe hazırlanan SC, 0.013 doların üstünde bir çıkış hedefliyor ve artan momentumla 0.025 dolara ulaşabilir. Hedera Hashgraph (HBAR): ⛓ HBAR, 50 günlük EMA'yı test ediyor ve boğa bir dönüş için potansiyel gösteriyor. Hedefi ise 0.12 dolar. HEX: 🔮 HEX, 0.014 dolara ulaşmayı hedefliyor. 0.010 dolar civarındaki konsolidasyon, boğa bir çıkışı işaret ediyor. Marlin (POND): 🌊 Yüksek performans yetenekleriyle, POND keskin bir boğa koşusu görebilir. Artan işlem hacmi tarafından destekleniyor. Status (SNT): 📈 Artışın ardından geri çekilen SNT, 0.05 dolara doğru yol alıyor. Daha düşük fiyat reddi ve RSI farklılığı, bir dönüşün işaretini veriyor. 📈 Kripto piyasası ısınıyor! Bu potansiyel mücevherleri kaçırmayın!