SLsolo20
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If you are new in this space , i will advise that you do away with the noise you see on the social medias concerning market trends . Rather, set your goal and target and be focused on that, because no one have real knowledge of what happens in the crypto market, as crypto market is very volatile and certain invent could trigger trend change .
when you observe , you will discover that most predictions are based on current trend direction . Some are influenced by individual current position of trade , that's the major reasons you shouldn't let the noise influence your decision .
Being focused will pay off in the long run . If for instance a future trader who went long position with high leverage yesterday discovered that he/she is already losing some money this morning , could come up with some positive news about the market, just to influence you to buy so that he could recover his lost. But, that doesn't add up in the market trend . Same goes for those who went for shot position and vice versa.
So, if you really want to make good money from the crypto market , just buy in the spot market and live the noise . Else you could lose your money and then blame yourself when the market is fully up.
when you observe , you will discover that most predictions are based on current trend direction . Some are influenced by individual current position of trade , that's the major reasons you shouldn't let the noise influence your decision .
Being focused will pay off in the long run . If for instance a future trader who went long position with high leverage yesterday discovered that he/she is already losing some money this morning , could come up with some positive news about the market, just to influence you to buy so that he could recover his lost. But, that doesn't add up in the market trend . Same goes for those who went for shot position and vice versa.
So, if you really want to make good money from the crypto market , just buy in the spot market and live the noise . Else you could lose your money and then blame yourself when the market is fully up.
good morning
Richard Teng
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$Floki
If you could only hold one #Altcoin for the next 5 years, which would it be? 🔥
Below comment 👇
Below comment 👇
I don't think you should bother over that, as all pairs will be automatically converted to to the available stable coin that will be accepted in the EU
Hello everyone,
I’ve heard that on December 30th this year, USDT will be delisted from all exchanges in the EU. All of my investments in crypto in the past years were made using USDT. I deposited EUR and converted it into USDT and then bought any crypto I wanted. Now I am wondering if I will still be able to sell my crypto in the future, especially pairs like BTC/USDT and ETH/USDT. I understand I wont be able to buy them and will be forced to change pairs to BTC/USDC for example.
For my exchange I use Binance so I am wondering if they will automatically convert it to another stablecoin like USDC? Do I need to do that manually?
Do I need to take any action before the deadline, or is it fine to just keep HODLing? I don’t usually follow crypto news, so I only learned about this recently.
Thanks for your help!
EDIT: I just talked to Binance support, and they only mentioned stablecoins restrictions that were made by MiCa mid summer this year. There is no official news of USDT or other stablecoins getting delisted (yet). If that happens, Binance would make an official announcement. I am guessing that there would also be some kind of transition time for users to change stablecoins.
I’ve heard that on December 30th this year, USDT will be delisted from all exchanges in the EU. All of my investments in crypto in the past years were made using USDT. I deposited EUR and converted it into USDT and then bought any crypto I wanted. Now I am wondering if I will still be able to sell my crypto in the future, especially pairs like BTC/USDT and ETH/USDT. I understand I wont be able to buy them and will be forced to change pairs to BTC/USDC for example.
For my exchange I use Binance so I am wondering if they will automatically convert it to another stablecoin like USDC? Do I need to do that manually?
Do I need to take any action before the deadline, or is it fine to just keep HODLing? I don’t usually follow crypto news, so I only learned about this recently.
Thanks for your help!
EDIT: I just talked to Binance support, and they only mentioned stablecoins restrictions that were made by MiCa mid summer this year. There is no official news of USDT or other stablecoins getting delisted (yet). If that happens, Binance would make an official announcement. I am guessing that there would also be some kind of transition time for users to change stablecoins.
A very nice message. Quite true.
One thing really pisses me off, and I don’t get it: When cryptocurrencies go up by 400%, everyone cheers and acts like they’ve hit the jackpot. When they go up by 200%, people are still celebrating like it’s a miracle. But as soon as the market corrects and drops by 30%, suddenly everyone is screaming: “It’s a scam!”, “The market is manipulated!”. Seriously? Is that how your brain works?
Look at how much the market has given you, and how little it’s taken back. It’s simple math. There are cycles, it’s normal. But you start crying at the first correction. Why? Because your dreams of quick millions vanished? And you know why they did? Because you jumped into leverage and contracts, thinking you’re some kind of investment genius. You thought you’d make 50x faster profits than patient investors. And then… boom! Loss. And what happens next? You start screaming, hating the market, calling it a “scam.” But it’s not a scam. It’s your naivety, greed, and lack of knowledge.
Here’s the best part: I want to thank the whales for wiping out players like you. Yes, wiping out! Because it’s you who are trying to cheat the market, not the other way around. The market isn’t a playground for kids who think they deserve everything and can make millions in a month. The whales do what they’re supposed to do – they get rid of dishonest players who threaten the market’s stability.
Crypto offers incredible opportunities, but not for the lazy or greedy. I’m proof of this because I make money here by understanding how the market works. I understand that corrections are part of the process. If you don’t get this and expect quick profits, go buy a lottery ticket. Maybe you’ll get lucky there. Because here, patience, strategy, and knowledge are what matter.
And finally, if you hate the market, then be honest – who’s the scammer here? The market, which plays by the rules, or you, who tried to cheat it?
$DOT $NEAR $ENA
#Crypto #investsmart #MarketCorrection
Look at how much the market has given you, and how little it’s taken back. It’s simple math. There are cycles, it’s normal. But you start crying at the first correction. Why? Because your dreams of quick millions vanished? And you know why they did? Because you jumped into leverage and contracts, thinking you’re some kind of investment genius. You thought you’d make 50x faster profits than patient investors. And then… boom! Loss. And what happens next? You start screaming, hating the market, calling it a “scam.” But it’s not a scam. It’s your naivety, greed, and lack of knowledge.
Here’s the best part: I want to thank the whales for wiping out players like you. Yes, wiping out! Because it’s you who are trying to cheat the market, not the other way around. The market isn’t a playground for kids who think they deserve everything and can make millions in a month. The whales do what they’re supposed to do – they get rid of dishonest players who threaten the market’s stability.
Crypto offers incredible opportunities, but not for the lazy or greedy. I’m proof of this because I make money here by understanding how the market works. I understand that corrections are part of the process. If you don’t get this and expect quick profits, go buy a lottery ticket. Maybe you’ll get lucky there. Because here, patience, strategy, and knowledge are what matter.
And finally, if you hate the market, then be honest – who’s the scammer here? The market, which plays by the rules, or you, who tried to cheat it?
$DOT $NEAR $ENA
#Crypto #investsmart #MarketCorrection
If you have been into crypto for some time. i think you should be familiar with the current trend. it is part of the market, don't panic sell, you may end up fomoing when the market bounces back. Its always said in the financial market that you should be greedy when others are fearful.
#btc #ethereum #xrp #shib and more .
#goodluck
#btc #ethereum #xrp #shib and more .
#goodluck
MY LESSONS IN CRYPTO INVESTMENT
In the last bull run, i missed out of the opportunity the crypto market created at that time. That happened as a result of my ignorance.
I happened to know about crypto currency in mid 2017, i began to acquire some alt coins little by little through 2019.without basic idea on how the market goes works. I acquired tokens like #doge, #matic , #ada, #fet and many more. and i was holding these tokens in tens of thousands of units then.
But along the line, i began to follow some crypto community platforms, and that was where i lost it all. Because, i was inexperienced at the time. So many analysis and predictions was popping up on a daily basis, from some acclaim crypto analysts talking about how #bitcoin and Alt coins will never see Bull 🐂 run again, that was in 2018-2019 during the Bear 🐻 market.
Some saids, if you have invested in the crypto market with the hope to cash out during the Bull 🐂 run , you might be deceiving yourself.
They went further to advice investors to sell their holdings and withdraw funds in order to avoid total lost. Few days before COVID-19 outbreak i sold all my holdings at lost and used those funds for other things.
But, surprisingly, few days after COVID outbreak, crypto market picked, i have always remembered those days, and that has always given me the impression to hold, no matter the up and down.
If you are a new investor, hold and go ahead to acquire some knowledge on how the crypto market works. Put aside all the noise and be focuse on growing your knowledge. Certainly, you won't lose it all.
#wish you all the best in this face of the crypto circle...
In the last bull run, i missed out of the opportunity the crypto market created at that time. That happened as a result of my ignorance.
I happened to know about crypto currency in mid 2017, i began to acquire some alt coins little by little through 2019.without basic idea on how the market goes works. I acquired tokens like #doge, #matic , #ada, #fet and many more. and i was holding these tokens in tens of thousands of units then.
But along the line, i began to follow some crypto community platforms, and that was where i lost it all. Because, i was inexperienced at the time. So many analysis and predictions was popping up on a daily basis, from some acclaim crypto analysts talking about how #bitcoin and Alt coins will never see Bull 🐂 run again, that was in 2018-2019 during the Bear 🐻 market.
Some saids, if you have invested in the crypto market with the hope to cash out during the Bull 🐂 run , you might be deceiving yourself.
They went further to advice investors to sell their holdings and withdraw funds in order to avoid total lost. Few days before COVID-19 outbreak i sold all my holdings at lost and used those funds for other things.
But, surprisingly, few days after COVID outbreak, crypto market picked, i have always remembered those days, and that has always given me the impression to hold, no matter the up and down.
If you are a new investor, hold and go ahead to acquire some knowledge on how the crypto market works. Put aside all the noise and be focuse on growing your knowledge. Certainly, you won't lose it all.
#wish you all the best in this face of the crypto circle...
The yesterday draw down has paved way for #Bitcoin to hit new all time high . Don't panic, next week could be a new beginning to most crypto assets. Enjoy!!!
Don't miss out on #babybonk, #simpson homer and #milady in this bull run. These little value tokens could be the next big win in this circle. Not investment advice , dyon.
Be greedy when others are fearful. The best strategy ever .