Tonight, December 30, 2024, the cryptocurrency market is experiencing notable fluctuations. Below is a detailed situation of some top cryptocurrencies: • Ethereum ($ETH )
Currently trading at $3,331.10, down 1.09% compared to yesterday. • BNB $BNB
Currently at $694.07, down 2.31% in the last 24 hours. • XRP ($XRP
): The current price is $2.03, down 6.02% from the previous session. • Cardano (Ada): Trading at $0.838784, down 5.46% for the day. • Dogecoin (DOGE): Currently at $0.310923, down 2.97% compared to 24 hours ago. • Solana (SOL): The current price is $187.67, down 3.58% for the day. • Polkadot (DOT): Trading at $6.62, down 5.29% compared to yesterday. • Litecoin (LTC): Currently at $98.64, down 1.93% in the last 24 hours. • Chainlink (LINK): The current price is $20.29, down 5.28% from the previous session.
Overall, the cryptocurrency market is undergoing a widespread downward correction. Investors should closely monitor fluctuations and carefully consider before making investment decisions.
Míaaaa, looking at it that way is suspicious, thought it would go up right away, that would be nice :)) but if it goes down, just DCA 🤣🤣🤣🤣
Trading Insight
--
🔥 Surrounding the story of the market drop yesterday "How did you know the market would drop but only cut 2 profitable stocks without announcing to cut everything?"
I updated BTC and there was a comment saying, "BTC didn't reach 103k, it's not following the plan, so how can you analyze it?"
1. Regarding BTC... I beg you all, I sincerely ask you. I expected BTC to rise to 103.x and then drop, it went up to 102.5 and then dropped, so how can I calculate that?
I am human too, and if the market makers manipulate it and the market moves faster than I can draw, what can I do? :)))) I have a view that close, and if you still say it's not correct, then I accept that.
2. Why did we urgently close 2 stocks without announcement? At 00:00 on January 7th and throughout the day on the 7th, I warned about BTC pumping faster than expected + USDT fluctuations.
I foresaw this, and yesterday when BTC didn't sideway but dropped from 101,900 to 101,000, I already felt uneasy, confirming the candle below 100,800, that's why I posted to close urgently. The stocks are still held because "holding requires a bit of patience, it’s not margin, so don’t rush" I am also holding like everyone, we are all worried.
📌 I intended to announce to close all profitable stocks... but you all must understand this: "The signals I update publicly, many of you have different entry points, some are making a profit, some are at a loss, and with positions in between that are slightly profitable, I cannot announce a closure because closing would immediately cause a loss for many of you" that would be irresponsible, playing recklessly like some others, I cannot do that. I do this and stand among the majority, so I hope you all can somewhat understand my position.
Content comes naturally, it's not like I can draw the content quickly to write it. So everyone invests, you also have to keep a cool head, we are all the same, we are all investors with the aim of making money. Don’t put too much pressure on each other, or else it will drive you crazy.
🇻🇳People are still trading bitcoin, but there is no legal basis yet
A new and complex issue: •Digital assets, virtual assets, and cryptocurrency are new, rapidly developing fields that lack a complete and unified legal framework both domestically and internationally.
Draft Law on Digital Technology Industry:
•Digital assets: Are assets represented in the form of digital data, created and verified by digital technology.
•Virtual assets: Are a type of digital asset used for trading, payment, or investment, excluding securities or fiat money.
•Cryptocurrency: Is a digital asset created and stored using blockchain technology or similar technology.
The Prime Minister has also tasked the Ministry of Justice to take the lead, coordinating with relevant ministries and agencies to urgently propose and finalize the legal framework for the management and handling of virtual money and virtual assets.
Currently, the price of Dogecoin ($DOGE ) is fluctuating around $0.31786, with a trading volume over the past 24 hours of approximately $2.15 billion USD.
Price trend: Over the past 24 hours, the price of DOGE has decreased slightly by about 1.10%. Support and resistance levels: The nearest support level is identified around $0.30, while the nearest resistance level is $0.33.
By 2025: Some forecasts suggest that the price of DOGE could reach an average of around $0.3243, with a projected high of $0.4508 and possibly even higher, so make sure to invest in time. Good luck and Happy New Year !!!!
Top coins with the highest trading volume in the last 24 hours:
$BTC : Trading volume of approximately 36.99 billion USD. $ETH : Trading volume of approximately 17.95 billion USD. $XRP : Trading volume of approximately 4.58 billion USD. ------------------ **XRP being among the top trading volumes may be due to positive information related to Ripple's legal cases, leading investors to expect growth potential in the future.
If checking the coin price daily makes you anxious, consider: are you investing or day trading? Investing requires research, patience, emotional control, and capital management to achieve long-term value. Wishing you success
shiratorivn
--
The moment you open your eyes, you grab your PHONE to check the price. So do you really understand the two words "INVESTMENT" correctly?
If every morning you open your eyes and rush to check the coin price like people waiting for the lottery, then perhaps you don’t fully understand the nature of investing. Don’t worry, you’re not the only one who feels excited when prices rise or sad and irritable when they fall.
But stop for a moment and ask yourself: Is this the mindset of an investor or a day trader? The Difference Between Investing and Day Trading
Currently, the price of XRP is $2.031 USD, showing positive signs but needs to hold above $2.04 to avoid a deep decline. Long-term price increase is predicted, but the market is highly volatile. Careful consideration is advised before investing.
Jordonez
--
Bullish
I suppose that in 2 years you won't even be able to buy XRP. XRP was designed to be a bridge currency and not to be bought and sold on exchanges. Once Ripple wins the SEC lawsuit, you will start to see its price increase significantly; as it will be the only currency considered not a security and will have legal clarity that will enable significant adoption by U.S. financial institutions. Soon after, I believe Ripple will not release more XRP from its reserve on retail exchanges, even if it re-includes XRP in its exchanges. It will be released only for liquidity purposes on demand for financial institutions. However, before retail investors are left out, I think it could easily surpass the $150 mark. My only concern is how the buyback will be handled by retail investors when we can no longer buy it on exchanges; as the end use of XRP is to be a stable currency used in the XRP Ledger as a bridge currency among all digital assets, including all digital fiats. It has been estimated that when fully adopted as the bridge currency of the world, the price per XRP coin will be between $35,000 and $50,000. Of course, we won't see those extremely high prices by the time we are excluded without a massive class-action lawsuit.
Elon Musk Has Publicly Acknowledged Owning 3 Types of Cryptocurrencies
Elon Musk, one of the world's most famous billionaires with significant influence, has publicly acknowledged owning three types of cryptocurrencies. This not only shows his interest in blockchain technology but also contributes to shaping the global cryptocurrency market. Below are the details of the three cryptocurrencies that Elon Musk holds: 1. Bitcoin (BTC) Bitcoin is the first cryptocurrency and has the largest market capitalization in the world. Elon Musk not only personally owns Bitcoin, but both companies he founded, Tesla and SpaceX, are also holding a significant amount of Bitcoin in their assets.
Making a profit is great, my friend, in these tough times :))
Trading Insight
--
Showing that profits are like brothers, saying that sooner or later we will be as rich as Mr. Vuong and Mrs. Lan. During the recent BTC short, I lost over $40k, and in June, I also lost over $50k.
Losses are overwhelming, losing for 2 months while using profits from 10 months to recover, who can understand this pain :)))
The total trade summary for this year shows a profit of less than $5k; I got stuck in exactly 2 stubborn trades, but fortunately, spot trading made up for a lot.
This also serves as evidence for this profession. To some extent, my lifetime PNL is positive, and for the past 4 years, I have consistently made profits from trading and holding… so don’t hesitate to take it seriously and give it a try, brothers.
I guess you guys lost a football bet, so you're selling off some things :))
Trading Insight
--
Morning update $BTC …evening drop 2000 price. Hope you don't crash down completely. If it drops now, it's a total loss of 5000 price. Altcoin is looking bad, this New Year is going to be confusing. If you keep this up at night, it will be a disaster for sure
Entry 0.32, currently negative :)) not sure if I should cut it, dude
Trading Insight
--
$CETUS matched 70% of this code's volume, just a little more waiting at 029. Each code must have a specified volume level to ensure safety.
Currently, my average entry is around $0.3185 compared to the entry currently at -3.5%. The previous one keeps pumping up and down without fully inflating, it's really itching my hands and feet now :)))
This cetus, what entry have you all got in already…
"The past is unchangeable, the present confronts, the future advances." Investing is a profession, it requires learning, patience, and eliminating negative emotions. Overcoming difficulties, reflecting back, and seriously practicing. Wishing everyone a peaceful and successful new year! 🌟
Trading Insight
--
“The past cannot be changed, the present must be faced, and the future must be embraced to change”
✨ Investing is not easy at all; each experience and feeling is different. But if investors are facing difficulties, they should encourage themselves and strive to overcome their own limits.
Eliminate negative emotions and the gambler's mindset within. No one can help you but yourself.
It's a long process; the present may be an experience, but the future needs to be taken seriously. First, take a comprehensive look back, then carefully consider everything. This year has been too difficult; some friends are making profits while others are incurring losses, but I hope everyone can remain calm.
Investing is also a profession; consider it a side job, but investing can provide a larger source of income than any job you are currently doing. Therefore, if you want to profit, take it seriously and dedicate time to understand it.
😁 Today, I’m sharing a bit of moral philosophy, seeing too much negativity among friends, but in reality, it’s also due to greed and not wanting to invest time and effort. Without study and practice, how can one achieve success?
I hope everyone understands; we are nearing the end of 2024. Wishing everyone a peaceful and smooth new year.
Never mind, a little bad luck, but yesterday the market was green, which comforts you :))) wish you a speedy recovery!
Trading Insight
--
How to earn money from Writing Articles at Binance Square and how to make money. After the article about where Trading Insight Income comes from, many of you asked too much, so it's likely that I will share this issue with everyone.
Today is Sunday, so I'm free, so if you have anything you want to ask, just ask, if you need anything just let me know and I'll answer everything at once :))
Also partly because yesterday was too much, on the weekend, if I take a ride I get bumped, if I walk I trip and sprain my damn leg, so I'm stuck in one place 😁 so today I can freely stay at home and write articles :)))