A 12-year-old boy named Erik Finman invested $1,245 in Bitcoin when he was just 12 years old.
He made a deal with his parents that if he could make a million dollars by the time he was 18, he wouldn't have to go back to school. Well, his investment paid off big time!
By the time he was 18, his investment was worth over $2 million! He eventually became a millionaire and was even invited to give a TED Talk when he was just 15 years old.
Erik's story is an inspiring example of how taking risks and believing in oneself can lead to great success.
I still remember the day I first heard about cryptocurrency. I was skeptical at first, but curiosity got the better of me. Fast forward to today, and I'm hooked!
My crypto journey has been a wild ride of ups and downs, but I've learned so much along the way.
✔️Lesson #1: Never invest more than you can afford to lose.
✔️Lesson #2: Do your own research and don't follow the crowd.
✔️# 3 Lesson: Patience is a virtue in the crypto space.
What about you guys?
- What lessons have you learned on your crypto journey so far?
History is on Bitcoin's side! A new report from CCData says that Bitcoin hasn't yet reached its peak and is likely to smash through its all-time high this year!
Bitcoin has been trading between $59,000 and $72,000 since its record high in March, but the report says this is just a calm before the storm. Historical trends show that Bitcoin's price expansion happens fast - usually in the four months leading up to a new record high!
And with Ethereum ETFs about to launch in the US, even more capital and demand are expected to flood into the market!
So, buckle up and get ready for a wild ride! Bitcoin is about to take off and reach new heights! #Bitcoin❗ #Write2Earn!
Get ready for a bull run! Despite Fed Chairman Jerome Powell's positive speech on the strong labor market and improving inflation, Bitcoin (BTC) plummeted from $63,800 to $60,600. However, this drop was not due to the content of his speech, but rather a knee-jerk reaction from mid-sized and large investors who withdrew their funds ahead of the speech, anticipating market volatility.
This correction was necessary, as BTC was due for a pullback after reaching new highs. The market cannot constantly go up, and this dip has created a buying opportunity. The good news is that July has historically seen significant BTC inflows from major institutions like Fidelity, BlackRock, and Vaneck, which will likely support the price.
These institutional investors have a significant stake in the US economy and will not let BTC fail. They are poised to push BTC to new heights. Do your own research (DYOR) and get ready for a potential bull run!
Ethereum ETF Approval Just Around the Corner - Buckle Up for a Wild Ride!
The cryptocurrency world is abuzz with anticipation as the approval of spot Ethereum ETFs is expected to drop any day now. Insiders predict that trading will begin as early as July 15, and the impact on the market is expected to be huge. Nate Geraci, president of The ETF Store, has made the call, and K33 Research is forecasting a major surge in Ethereum's price. With some experts predicting a price jump to $5,000, this is one development you won't want to miss!
If your Binance account is suspended, don't panic! It's usually a precautionary measure to ensure a safe and secure trading environment. Here are some common reasons why accounts get suspended:
- Verification issues or incomplete KYC/AML processes - Suspicious activities or unauthorized access - Security concerns like data breaches or weak passwords - Violations of Binance's terms or trading rules - Non-compliance with legal or regulatory requirements - Inactivity or extended periods of no login - Incorrect information or failed transactions - Market manipulation or sharing account credentials - Security threats like malware or phishing attempts
If your account is suspended, Binance will email you with instructions on how to resolve the issue. It's essential to follow these instructions promptly to regain access to your account and continue trading securely.
Remember, account suspension is a serious matter, so it's important to take it seriously and address any issues promptly!
Telegram has introduced a new feature that allows users to easily switch between different mini apps, including crypto games like Hamster Kombat and Yescoin. The update adds a mini app bar that enables multitasking and rapid switching between various apps. This move is expected to further boost the popularity of crypto gaming on the platform, which has already seen significant growth with over 500 million users interacting with mini apps. Other popular games on Telegram include PixelTap, Catizen, and TapSwap.
I recently returned to using Telegram after a long break, drawn in by the hype around crypto prize games like NOTCOIN. As I explored the updated features, I became interested in Telegram's crypto ecosystem, even discussing TONCOIN and Notcoin in my recent posts. However, my experience took a sour turn last week.
Out of the blue, I received a notification saying my verification had been rejected, despite having been approved months ago. I was locked out of my wallet and told to contact support to withdraw my funds. After reaching out, I've been stuck in limbo for over a week, with no progress on resolving the issue.
I'm not alone in this ordeal. Many users have experienced similar issues weeks or even months ago, with no resolution in sight. The support team's responses have been unhelpful, merely stating that they're working on it without providing any solutions. It's concerning that these issues persist, leaving users like me wondering if our funds are safe.
Be cautious when using Telegram Wallet, and beware of potential verification rejection and wallet access issues.
A warning to all investors: The cryptocurrency market has become vulnerable to manipulation by large players, also known as "whales." These whales exploit price movements to their advantage, leaving small investors vulnerable to significant losses and eroding trust in the market. As these powerful players potentially clash, market conditions may worsen, leading to:
It is essential to establish safeguards that protect small investors and ensure a fair market. The current manipulation renders traditional market analysis ineffective, emphasizing the need for a new approach to maintain market integrity. This includes:
- Implementing robust regulations - Enhancing transparency and disclosure - Promoting fair trading practices - Protecting small investors' interests
Let's work together to create a more secure and reliable cryptocurrency market for all participants.
Certain cryptocurrencies listed on Binance, including $NFP, $MEME, and $WIF, are experiencing extreme volatility and pose significant risks due to unethical practices and investor losses. Some of these coins have been involved in sudden crashes and dumping incidents, resulting in substantial losses for investors.
Binance's Response
To protect investors, Binance is gradually delisting these high-risk coins.
Smart Investment Strategy
Consider reliable options with a proven track record, such as:
- SOL - XLM - ADA - AVAX - ETH
Prioritize Safety
Focus on safety and opt for cryptocurrencies with a lower risk profile to ensure a secure and long-term approach to cryptocurrency trading.
Stay Informed and Invest Wisely
Remember to always prioritize your investments and stay informed to make wise decisions in the cryptocurrency market.
If you want to achieve financial success, consider learning from these three experts:
1. Warren Buffett - Regarded as one of the most successful investors globally, Buffett shares valuable insights on stock market investing. While he may be skeptical about cryptocurrencies, his wisdom on multiplying wealth is invaluable.
2. Robert Kiyosaki - Kiyosaki focuses on preserving wealth and ensuring your hard-earned money retains its value. He offers practical advice on managing finances and building a secure financial future.
3. Mark Tilbury - Tilbury provides comprehensive guidance on investing and wealth preservation. Many consider him an exceptional financial teacher, offering valuable lessons for achieving financial stability and growth.
By learning from these financial experts, you can gain valuable insights to help you build wealth and secure your financial future.
1. Polygon (MATIC) - A leading layer-2 solution for Ethereum, offering fast and low-cost transactions.
2. Ripple (XRP) - A widely used coin for cross-border transactions, strengthened by a favorable legal outcome.
3. Avalanche (AVAX) - A strong competitor to Ethereum for DeFi and dApp development, with high throughput and low fees.
4. Solana (SOL) - Ideal for real-time applications, with high transaction speeds and low costs, and a rapidly expanding ecosystem.
5. Binance Coin (BNB) - The native token of the Binance ecosystem, used for trading fee discounts and ICO participation.
6. Chainlink (LINK) - A decentralized oracle network providing secure data feeds to blockchain applications, essential for DeFi projects.
7. Polkadot (DOT) - Enhancing scalability with parallel transaction processing through its unique sharding architecture.
8. Uniswap (UNI) - A leading decentralized exchange allowing direct crypto trading without intermediaries, with an automated market-making model.
9. Cosmos (ATOM) - Fostering inter-blockchain communication, enabling seamless data transfer between different blockchains, with a scalable and modular network design.
10. Pepu (PEPU) - A new memecoin with its own blockchain, offering low transaction fees, fast processing, unique staking rewards, and presale success, suggesting strong future potential.
These altcoins offer a mix of strong use cases and growing ecosystems, making them worth considering for investment this month. Remember to conduct your own research before making any decisions.
Cryptocurrency Regulations Around the World (THIS is SO BAD)
Cryptocurrency laws and regulations vary widely across different countries.
Here's a summary of the current stance in various nations:
- Algeria: Virtual currencies are illegal. - Egypt: Cryptocurrencies are considered "haram" (prohibited) under Islamic law. - Morocco: Transactions using virtual currencies are illegal. - Nigeria: Bank transactions in Bitcoin and other virtual currencies are restricted. - Tanzania: The Bank of Tanzania has issued warnings about the risks associated with cryptocurrencies. - Namibia: Cryptocurrency exchanges are not allowed, and cryptocurrencies are not accepted as payment. - Zimbabwe: The Reserve Bank of Zimbabwe has prohibited the use of cryptocurrencies in banking. - Costa Rica: Bitcoin and other cryptocurrencies are not recognized as legal tender. - Bolivia: The use of non-regulated currencies, including Bitcoin, is not authorized by the Central Bank of Bolivia. - Afghanistan: Trading in cryptocurrencies is banned.
Please note that regulations can change, and this information may not be up-to-date.
1. Low market value: The current market value of LISTA is very low, which means there are few holders. As more people discover its potential, the value is likely to increase.
2. LISTA Staking: Holding LISTA tokens offers various benefits, including governance voting rights, rewards for borrowing lisUSD or farming liquidity, and fee sharing.
3. Indirect link to BNB: LISTA is connected to BNB through its staking site, which offers advantages and is supported by BNB. This link may lead to significant value growth in the future.
4. DEFI support: As a DEFI currency, LISTA deserves strong support. Binance and DEFI's backing make it a promising investment.
5. Megadrop listing: LISTA's listing through Megadrop, a new system with $650m liquidity, suggests potential for significant growth (3x or 5x). Its connection to BNB and storage method also strengthen its prospects. Analyzing the price, it may target $1 to $1.5, making it a good buy.
Breaking News: Prominent Saudi Arabian Cleric Issues Fatwa Declaring Bitcoin Permissible in Islam
In a significant development, a renowned 90-year-old Saudi Arabian Salafic cleric has issued a fatwa, declaring Bitcoin as acceptable under Islamic law. This landmark ruling is expected to have far-reaching implications for the cryptocurrency's adoption in the Islamic world. The cleric's edict is based on the principle of permissibility, citing the absence of any explicit prohibition on Bitcoin in Islamic scripture. This fatwa is a major breakthrough, potentially paving the way for greater mainstream acceptance and use of Bitcoin in Islamic countries.
Binance Supports MultiversX and Ronin Network Upgrades
Binance is preparing to support upcoming upgrades and hard forks for MultiversX (EGLD) and Ronin (RONIN) networks.
The upgrades aim to enhance user experiences and are scheduled for July 2nd and 3rd, 2024.
During this time, deposits and withdrawals will be temporarily suspended, but trading activities will continue uninterrupted.
Binance will handle all technical aspects to ensure a seamless transition. Once the upgrades are complete, deposits and withdrawals will resume, and no further announcements will be made.
For the latest information, please refer to the original announcement or visit the provided resources.
Want to make daily profits on Binance? It's achievable with the right approach! Here's a clear strategy to help you potentially earn $50 every day:
Day Trading: Research and analyze the market thoroughly Use technical and fundamental analysis to understand market trends Choose trading pairs with high liquidity and significant daily price fluctuations (e.g., BTC/USDT or ETH/USDT) Use indicators like RSI and MACD to determine entry and exit points
Bot Trading: Choose a reliable trading bot (e.g., 3Commas or HaasOnline) Program the bot to follow specific strategies based on technical analysis or grid trading Regularly monitor the bot's performance and adjust strategies as needed
Participating in Promotions and Competitions: Stay updated with Binance announcements to participate in contests and offers Utilize promotions like deposit bonuses
Remember, this is not financial advice, and you should always do your own research and understand the risks involved.