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CRYPTO MECHANIC
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followed the plan i shared 2 days ago nicely.
#cryptotrading
#dyor
#Web3
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New Week tomorrow i already said it i will not be trading but will post some Altcoin weekly charts as per your requests. Let me know which one you want me to post 👇🏻
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just came back home after 6 hours BTC is almost at the same price but damn Alts 😮
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Your thoughts on the current $BTC weekly candle ? Still a lot of time in close. I'll share mine tomorrow let me know yours.
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The Best Learnings are a result of Losses and Mistakes. When do you learn the most? When you take losses, make mistakes, suffer drawdown and have down moments. At such times, you are forced to improve, reflect and change things up. Losses are your Guide to what doesn't work, so you can avoid doing it again.
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The BNB Foundation has just concluded its 29th quarterly token burn where more than 1.7 million BNB was burned, equating to $1.07 billion and that's huge. Why BNB burned token? Based on it's module BNB is deflationary token and with that module tokens has to be burned and removed from the token supply. BNB Current Supply After Burn is: 144,099,981.1 BNB And they will burn 43,533,387.84 BNB more after that it will be stopped. Will it increase the price of $BNB ? Change in price is based on demand. you might have heard this prices are dependent on supply and demand. If there is less supply and more demand the price will go up. Binance stands as number 1 crypto exchange and there is definitely demand for it. As the supply is getting burned and demand keeps on increasing i think it's good for the price in the long term. #29thBNBBurn
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