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Niu er
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I am new to the crypto space 🚀 but glad to learn about the inflow and outflow of money plus the cycle.
big on
meme
coins too.
#2024
crypto
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
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Niu er
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#OnChainLendingSurge The surge in on-chain lending on crypto exchanges is reshaping DeFi and trading strategies. Borrowed funds from lending protocols can be utilized in various ways like staking coins to earn rewards or leveraging positions in futures. This provides traders and investors with flexibility and opportunities for higher returns, although it comes with increased risk. Users can collateralize assets and access liquidity without intermediaries. This fuels the broader adoption of DeFi while intensifying competition among centralised and decentralised platforms. The rise of liquid staking also complements this trend as borrowed assets can be used to stake while remaining liquid for trading. It's a dynamic space worth watching.
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$BTC The US government just cleared a sell off about 6 billion dollars of Bitcoin. I wonder how this is going to affect the market, we would probably see another downside to test out a key support level $BTC approximately the 92000 level. Looking at the four hour chart, the price of bitcoin is oversold so a potential move to the upside is possible. Let's just keep on waiting. Opinions from different influencers and people about having hit the top with a 100k $BTC continue to cloud social media but I do think there is potential for more upward movement. For a person who bought most coins in 2023, they could have locked up decent profits last year at the beginning of December. This cycle is a bit different from the rest. Lock in crypto particularly bitcoin. Future of digital currency. Stay strong and go make a bunch of money.
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$BNB The markets are bearish today. Everyone holding bags is down. could this be a correction or a consolidation to the move to the upside. Better yet to be cautious and wait it out. It would be best to stay out of futures trading until the markets cool off unless one puts into consideration proper risk management systems like Take Profits and tight stop losses. This is also the best time to look into strong ecosystems that have been performing well like $SUI , base and solana. I wonder how Ethereum and it's respective Layer ones and twos will perform in this cycle. Still optimistic about an alt season with parabolic gains. Stay strong guys out there. DCA into coins like $BNB for it's utility
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