Cannot go wrong with holding $BTC & $ETH long term IMO I | Mehmed Han on Binance Square

Trending Articles

Bookmarked and Liked

--

Cannot go wrong with holding $BTC  & $ETH  long term IMO 
If you want safe plays these are it

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.

BTC

59,951.62

+0.30%

ETH

2,676.73

+0.14%

554

0

Replies 0

Explore the lastest crypto news

⚡️ Be a part of the latests discussions in crypto

💬 Interact with your favorite creators

👍 Enjoy content that interests you

Email / Phone number

Relevant Creator

@candycrypto-x

Explore More From Creator

Do you want to learn how to trade with whales coin ?🚨😱😱 🔶Just simple 5 steps , beleive me guys ‼️‼️ you can also catch pump coin : 1️⃣. Go to App store / play store 🔍 2️⃣. Download this app " Coinmarketcap " 3️⃣. Signup there & follow whales to know the pump coin . Its easy guys just try it . 4️⃣. search 👉 Bsjoebiden 5️⃣. Enjoy The signals & make money 💸💰 . If you still have doubt or confusion ;; then in cmc (coinmarketcap ) app search " Bsjoebiden " I am following whales since last 7 years & tracking their all buy / sell . If you follow me in cmc - you can also track down it & catch all pump 💰 Good day 🥂

--

🇺🇸 Elon Musk tells Donald Trump he wants to head a government spending efficiency commission.

--

Gold's prices are at an all-time high right now. As a rule of thumb, the price of Bitcoin often lags behind gold by a few months. If we can get rid of the fear and get some bullish catalysts, $BTC could make a parabolic move in the next couple of months.

--

One BIG misconception I often read related to mining is the belief that the more miners start to mine the higher the emission of a coin will be which is negative for the price (more supply). In reality the emission of a POW coin is fixed. No matter how many people mine the coin. The more miners start mining the higher the competition is and they are competing for a limited number of coins to be mined. Thus the difficulty of mining increases, which is reflected in a rising hashrate. As the hashrate rises miners need to buy stronger mining rigs and put in more effort aka electricity, which results in higher costs to mine. If the cost to mine are rising the profit miners can make decreases with a stable coin price. Thus, at some point, if miner costs continue to rise but the price of the coin doesn’t miners will sell LESS coins as it’s getting more and more unprofitable. This reduced selling pressure leads to higher prices given a constant demand level. A rising price however attracts even more miners which leads to an increase in hashrate and the cycle continues. Obviously this is strongly simplified and in reality more factors come in, such as the one that demand isn’t stable in highly speculative markets. But in a nutshell this is why long term a rising hash rate is rather positive than negative for the price of a coin.

--

Being able to trade up only is not the way forward Learn to trade the corrections as well as the impulses. Your missing potentially half of your gains by missing out on the corrections

--

Latest News

Crypto PAC Fairshake Targets Key Senate Races In Ohio, Arizona, And Michigan

--

$35 Trillion US Debt Is 'The Biggest Short,' Warns Macro Investor Luke Gromen

--

US Treasury Yields Rise Amid Weak PPI Report

--

Hive Digital Technologies Sees 36% Sales Growth in Q2 2024

--

Bitfarms Co-Founder Resigns From Board, CEO Appointed As New Member

--

Trending Articles

Investors flock to ETH products over BTC as markets recover: CoinShares

Donald Trump-Elon Musk Live: Historic Interview Begins With Trump Recounting the Harrowing Day He...

BitGo’s Partnership With BiT Global Causes Controversy Over Justin Sun’s Involvement

Tether Strikes Back At Celsius, Calls $2.4B Lawsuit a ‘Shakedown’ and Vows to Fight Claims in Court

Bitcoin Slips Below $59K as Crypto Market Faces $132M in Liquidations

Donven International

Cookie Preferences

ba-one-trust-cookie