LIVEKing_Abacus
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i am new to trading crypto . a similar ghost named *Transaction fees* haunt the fate of new crypto traders.
I started trading when the #Lumia was at $0.5. Because of buying and selling when prices rise or fall, I had lost over $5.6 by the time the coin was at $1.68.
And I was wondering ! 😲 the coin has gained value but am losses! how comes?! Isn't this transaction fees the grave yard for all our financial souls!
The average growth rate for a coin within 24 hours is 2%. If you sell at 2% increase, it is not enough to cover the transaction fees spent on both buy and sell.
(Left for the thinkers to advise).
I started trading when the #Lumia was at $0.5. Because of buying and selling when prices rise or fall, I had lost over $5.6 by the time the coin was at $1.68.
And I was wondering ! 😲 the coin has gained value but am losses! how comes?! Isn't this transaction fees the grave yard for all our financial souls!
The average growth rate for a coin within 24 hours is 2%. If you sell at 2% increase, it is not enough to cover the transaction fees spent on both buy and sell.
(Left for the thinkers to advise).
But surely, if not being foolish, should I be investing in such projects. Imagine a token has the name "MY NEIGHBOUR ALICE" #ALICE
who else is thinking of emptying his bank wallet to invest in this rapid booming crypto uproar only to end up losing 20% of it in the next few days after the market sinks down the Bermuda triangle.!
I am not so excited. When a car runs very fast. one may say : "we shall reach tomorrow today". But as for me, I begin to say: danger is coming. we may not reach tomorrow, tomorrow.
Do not press that buy button. Hold your fiat. fiat your holdings. these are oracles.
#Invest in PEPE. I want to see it rise.
I am not so excited. When a car runs very fast. one may say : "we shall reach tomorrow today". But as for me, I begin to say: danger is coming. we may not reach tomorrow, tomorrow.
Do not press that buy button. Hold your fiat. fiat your holdings. these are oracles.
#Invest in PEPE. I want to see it rise.
Fate of the cypto.
way back in 2016, I used to own some cryto coins. A btc was about 1K and the market kept bleeding. Up and down, coins were marching. I felt frustrated that I was losing money. Then I packed up my things and cashed out.
By the time I came back in 2018, things had totally drifted. a btc was 15k. I got shocked. even coins like doge had multiplied over 10 times. I invested again. watching up daily, the candles seemed not interested in rising up. down and down they were marching. I thought as though the downfall of crypto had come. One would think, it may never rise up again. Again I sold out and left.
To check back in 2024, a btc was up to 70k. OMG! why do coins rise up when I sell, and fall when I buy! am I staking against a robot! Is the system designed to steal me! Will they fall again when I invest? what will happen if I hold up in the times of panic? all these emotions run across my brain.
So I made up my mind to return forever. And again, the fall has returned. Coins go down and down, but one thing remains in my mind,
if I cash out , these coins will rise again.
and I have purposed to hold.
but holding is not enough. I have invested it in earn. so that profits can absorb the value loss.
And one ultimate thing have seen about coins is that : though they rise and fall, no coin has ever been depleted to $0. Over time , they keep rising and rising.
to the consistent: best of luck
way back in 2016, I used to own some cryto coins. A btc was about 1K and the market kept bleeding. Up and down, coins were marching. I felt frustrated that I was losing money. Then I packed up my things and cashed out.
By the time I came back in 2018, things had totally drifted. a btc was 15k. I got shocked. even coins like doge had multiplied over 10 times. I invested again. watching up daily, the candles seemed not interested in rising up. down and down they were marching. I thought as though the downfall of crypto had come. One would think, it may never rise up again. Again I sold out and left.
To check back in 2024, a btc was up to 70k. OMG! why do coins rise up when I sell, and fall when I buy! am I staking against a robot! Is the system designed to steal me! Will they fall again when I invest? what will happen if I hold up in the times of panic? all these emotions run across my brain.
So I made up my mind to return forever. And again, the fall has returned. Coins go down and down, but one thing remains in my mind,
if I cash out , these coins will rise again.
and I have purposed to hold.
but holding is not enough. I have invested it in earn. so that profits can absorb the value loss.
And one ultimate thing have seen about coins is that : though they rise and fall, no coin has ever been depleted to $0. Over time , they keep rising and rising.
to the consistent: best of luck
Behind the scenes of the current crypto market.
Where tears shed heroes.
Panic sellers are regretting if they had waited.
Holders can't hold anymore. The pain is getting worse.
All the top coins are burning down.
New traders are dieing immediately.
False crypto prophets are re assuring followers of hope in new coins.
Experienced traders are selling off all their shares and shutting down their computers.
Those Gulus who don't want to sell, are waking up to confusion. They move from one coin to another to another continuously.
Short future hold
Panic sellers are regretting if they had waited.
Holders can't hold anymore. The pain is getting worse.
All the top coins are burning down.
New traders are dieing immediately.
False crypto prophets are re assuring followers of hope in new coins.
Experienced traders are selling off all their shares and shutting down their computers.
Those Gulus who don't want to sell, are waking up to confusion. They move from one coin to another to another continuously.
Short future hold
We may refuse to accept, but whoever salutes this flag is a gambler, whoever has hope in it is a maniac. ( you can spend the whole month winning, and then lose it in one day)
#Write2Earn #SHIBA🔥
Challenge me that there is another coin in the history of crypto currencies that has made an all time 🥵🤯 2,000,000 ( 2 million) % profit/increase from the day of launch other than Shiba inu.
Truth is that someone who invested $10 in $SHIB 3 years back can today sell for $20 million dollars 🤪🤯🤮 #HotTrends #Insane crypto industry
source: coinmarketcap.com
Challenge me that there is another coin in the history of crypto currencies that has made an all time 🥵🤯 2,000,000 ( 2 million) % profit/increase from the day of launch other than Shiba inu.
Truth is that someone who invested $10 in $SHIB 3 years back can today sell for $20 million dollars 🤪🤯🤮 #HotTrends #Insane crypto industry
source: coinmarketcap.com
