As I see, $BTC , $ETH , $NOT and other cryptos made a w and/or inverse head-shoulders pattern in the last hours. and about 15 minutes ago they started to go up again. I think the real normalization of the market is coming.
After analyzing the entire world economy, we are left with one question.
Why did this affect the entire global market including cryptos? Why almost all financial products and instruments, commodities and cryptocurrencies are traded in dollars. So when a massive sell-off was detected in one market, it caused panic among all other global investors, who got rid of their assets to avoid a devaluation. Are we on the verge of a global economic crisis?
#MarketDownturn Today I am dressed as a financial analyst to comment on this recent Bloody Monday and what to do in this scenario to avoid falling along with the market, and even take advantage of these lows.
After investigating I will tell you what caused this debacle. It is divided into 3 Factors: 1. Iraq-Israel conflict: To a lesser extent, but it generates instability. 2. Bad US numbers: Post-pandemic inflation, leading the Federal Reserve to raise interest rates. Unemployment rate high for the fourth consecutive month, which added to the above activates the Federal Reserve's Sahm-Rule index indicating a possible recession. Bad results in the stock markets weeks before this Monday for the entire technological sector linked to AI, even predicting a possible financial bubble in this sector.
I start this series of posts with what I said before, I will teach the strategy that I have been using and that allowed me to make a profit in a short time and operating in spot. I am not going to sell anything, I will just try to break everything down into several points to be as clear as possible.
And the first point is, understand Compound Interest.
Einstein called it "the most powerful force in the galaxy."
In simple terms, compound interest is like a snowball.
A couple of examples to better understand.
1. If I have an initial capital of 1000 USD, I trade and manage to earn 5% monthly, I will be earning 50 dollars per month. If I keep the initial capital without increasing, I will have 1600 dollars at the end of the year. This is simple interest. Now comes the magic: 2. The same initial capital of 1000 dollars, with the same profit of 5% per month, 50 usd. Now, if I also save this profit and add it to the 1000 usd, the second month my profit will not be 5% of 1000 usd, but of 1050. It will be 52.5 usd. And if I do the same for a year, adding the monthly profit to the initial capital, at the end of the 12 months, I will have 2200 usd. A very important difference. Can you imagine if instead of 5%, we managed to earn through trading, 20%, or 40% per month?
Me too, and this is where everything gets interesting. Why is that what I changed in my strategy? I went from being an investor and instead of waiting for the token price to rise to its maximums, now I am taking advantage of the oscillating movement of daily and weekly prices, and being able to see at a glance the short-term bearish or bullish trend. And how do I do all this? It is so simple that I am ashamed of not having been working this way in the last year, and in the next post I will tell you in detail.
I'm back from a break of a couple of months to make a post in the face of this bloody fall.
That's right, it was a Monday full of losses and red numbers. But beyond the causes (which are multiple), I rescue 3 important topics:
First, what the CEO of Binance said, this drop will recover, so we will see a normalization of the market.
Second, the volatility of trading with cryptos, how variable the value of a token can be and the importance of trading with a strategy.
And finally, and most importantly for me, was that in these last 2 months after continuing to learn, I managed to go from being an investor - holder to a moderately successful day trader, who in these last 7 days managed to increase his token holdings by 25%, even with today's drop. At the time I write this, bitcoin has already reached 54k again and I am already in the green with respect to the USD valuation with which I started to implement my strategy. All that is left is for my tokens to return to the level they were at yesterday and I will have my profit.
I am not going to sell you anything, give this comment a like, subscribe to my channel and I will teach you step by step the simplest strategy that will allow you to operate in spot, using little time daily and that will allow you to see how your tokens and your value increase.
In a post I made some time ago (which must have been the most copied post from Binance Square 😄), I recommended completing the web3 task of this megadrop at a minimum. For this, 0.012 BNB had to be staked in the Lista dapp, moving this amount between the exchange wallet and the web3 wallet. This task was the only one I did, since I consider it to be the action that has the greatest return. I got the 1000 points, which became approximately 36.74 Lista, a current 25 usd.
Following the pattern of the previous megadrop, I will wait a few days before selling List (BB the previous megadrop had its maximum value 23 days after listing)
I recommend doing this task in the future, as it is a good way to earn at least 300% of your staking value, which can be recovered after the MegaDrop ends.
And I also hope with all my heart that people who copy moderately successful posts take them as a reference and learn to write their own texts. (I would bet that these same people are going to copy this post even including this last message. If they could they would copy even your nickname)
Greetings and success to all. (Not for people who copy other people's posts, let them rot 😄🤣)
Sell, Hold, Buy? Read the post and you will see my recommendation.
I waited for the price of Not, which was falling, to become stable to write this post.
It was exciting, wasn't it? The most talked about coin of the entire bull run, even more than that of its chain (TON), had a rise of 640% since its listing.
Yes price, from its maximum value in the last few days it has dropped. Yes, but it's normal. Whenever a currency has a meteoric rise, it must make its correction.
Best of all, its current price was configured as support. So now comes my recommendation. If you sold the coin in ath, congratulations.
If you didn't sell, hold, don't sell.
And if you are wondering when it is good to buy, the time is now, which is in support. even reinvest the money earned when selling.
Notcoin is going to rise again, and will explore approximate values of 0.06 in a short time.
Remember what the CEO of Telegram said when receiving the 6.8 million dollars in Not. "I'll save them until they become 680m." Well, that donation has already turned into almost 25 million dollars.
I don't know if I was left without getting on the boat!!
If you do not have a large amount of BNB but you have 10 usd, do the following.
Trade between the bnb/usdt pair to at least have 0.012 $BNB .
You will need at least 0.012 $BNB , about 6.5 usd depending on how much the price varies. (The official megadrop tutorial recommends it)
You must send that bnb from the exchange wallet to your 3 Binance web wallet (if you don't have it, you must create it) using bsc network. A fraction will be used to pay the transaction fee.
When you have the amount available in your web 3 wallet, go to megadrop and select "complete web 3 missions". You must manage to stake at least 0.01 bnb on the ListaDao dapp. You must connect your web 3 wallet with the dapp and withdraw the amount. It's simple and in the MegaDrop section there is an entry level tutorial. Only the 3 Binance web wallet participates. (There are more wallets available to connect, just use the binance one)
By doing this task, you will earn 1000 points. As a small calculation, you will earn approximately 150 points for every 1 bnb you have staked for 120 days on the exchange.
This is why doing the mission is very important.
In the last event by staking 0.275 bnb I earned 51 points. The mission gives 1000 points. So if you don't have a large amount in bnb, just doing the mission will give you a good return. In the last event with all the score I got, 1051 points, I won 82.3 $BB , about 45 usd at the time of payment.
Imagine earning 40 dollars a month just by investing less than 10. A year it is 480 dollars. The return is much better than that of launchpools.
When the event ends, you will be able to withdraw your staked tokens in the ListaDao dapp. (approximately in a month).
Greetings and may it be a good event for everyone!
For all the people who cannot connect their solana wallet with the tapswap dapp, it is basically because Tapswap is no longer going to launch on this chain.
A binance squarer uploaded an image where a tapper asked an official solana dev if tapswap was an official project for this token, and the dev responded no.
On the other hand, solana is constantly congested. It has high gas rates and in recent days it suffered a cyber attack that left 8,000 wallets with losses.
From my perspective it is more of an opportunity than a problem.
So that the project is developed in a safer, faster and more economical chain. (I think it will be in the bnb chain)
What happened to all the traders who cried that Not was a scam? They are the same ones that people bought when it was going up (I at least made a profit on this token). I told them, wait, give it time, just like BB.
Although Binance launchpools have not been very profitable lately, these ROIs are attractive in the long term.
I leave you a simple strategy (and it is the same one I have followed until now)
1. If Farming a token in launchpool or megadrop, sell in green, up when it is launched.
2. If you want to buy the Token to be launched, wait a few days, wait for it to go down (they almost always go down), and then buy bloody red like the worst of the mercenaries. (Or reinvest the money earned in the launchpool)
3. Again, wait another few days (or weeks). Enable alarms on Binance on changes of at least 5% up, and when it goes up, wait for the peak that your conscience allows, and sell.
And this way you will be doing spot trading (or swing) without stress, and above all, making money.
Read news, see coins that are rising or falling, compare their behavior with days or weeks, months (or even years) preparing for the bullrun, if a token in the previous BTC halving shoots up to a much higher price than the current one, it is very likely to return to that rising price), see basic levels of support, resistance and look for the best time to buy and sell.
It doesn't matter if the profits are sometimes small, the idea is to add up. Like Warren Buffet's number 1 rule, which is basically don't lose money. But I do recommend that you be patient. You will realize that you can sell a token rising at 10%, but if you wait, perhaps that token will be at 50%, or more, in a few hours or days.
Enjoy the green market these days, it looks beautiful.
The CEO of Telegram receives a donation in NotCoin equivalent to 6.8 M USD, and says the following: "I will keep it until it becomes 680 M, and I will buy more servers for Telegram."
Okay, I'm not a crypto expert, I'm an investor, and there are many other people who share their opinions on binance. But if someone who founded Telegram (which I must say is a marvel regarding developments and dapps), who developed the TON chain and who knows the business, says that he will hold NotCoin until it makes x100, I believe him. Spot.
I have said it these days, several times and I am going to repeat it again.
NotCoin will move in about 25 days, when staking ends and when the airdrop platform is launched. (Besides, the entire market is bearish today, bitcoin drags everyone to the bottom).
Stop viewing the graph at 15 minutes and set it without zoom to at least one hour and you will see that it is flat. For those in the know it means it's time to buy.
Stop looking at your nose, and think about the future for God's sake. Half of the comments are just complaints, scam, scam currency. It's really annoying. They look like drug addicts in withdrawal.
And for those who don't know,
Point 1.- The NotCoin team is developing a platform for launches, airdrops, rewards and various things linked to web3 larger than what can be described here, and the currency of all this is NotCoin.
Point 2.- To rise in rank on this future platform, the NotCoin team asked users to stake their tokens for 30 days. This resulted in only 20% of the miners collecting money for their coins and the rest blocking them. Therefore, 25% of the coin volume is currently being traded.
Point 3.- Curiously, the above helped the price not to collapse like the previous currencies. If NotCoin is currently the second trend after bitcoin, wait for the platform to launch and 80% of the miners' tokens to be unlocked.
Me and my humble 12.7k locked are waiting for the platform to appear. In the meantime, I'm just relaxing.
I was much more optimistic about the price it would reach at launch, thinking that after a few hours it would stay in the 0.01 range (or higher). But what I predicted happened, after the rise at launch, and the correction decline, NotCoin is stable, almost flat, and did not crash like the previous launchpools. That is why this currency is more than interesting, because the token is controlled by the community.
Of course, a little disappointed by the ROI of this activity, which drops even more with each release.
I think that what is currently stable about the token is why it is trading with a low percentage of volume of the coins (at most 10% of the existing notcoins), and the vast majority of the miners, instead of passing them on to some exchange, put them in staking on the recommendation of the application, and to level up in the future launch portal.
The real movements will occur in another month, when the game rewards are released.
For all this, I remain optimistic about NotCoin and think that at any moment it can break out to 0.015, or 0.025, or more. From here to the moon.
Is it advisable to buy? Normally I never advise buying a coin from a release before the first 48 hours, but in this case, and seeing the behavior of the last few hours, I would recommend buying. It may be the lowest value you can find. How many? The ones that don't bother your pocket. But yes, have some NotCoin in your wallet
I staked 0.28 BNB for 120 days, so I could also participate in MegaDrop (of which I had good results, but doing the web3 task).
As a NotCoin miner I got the current 12k, which I staked to level up on the future web3 airdrop platform, and the vast majority of miners I believe will do the same, so I firmly believe that the launch price of NotCoin It will be much greater than that of the Pre Market, because the volume of the currency will be small compared to what is blocked. (I put a post about this on my profile, so you can read it).
With the bnb I staked I got 40.01 NotCoin
By simple mathematics, referring to my latest Launchpool, I value those coins at 1 usd, so doing the calculation I think that the launch value of NotCoin will start at 0.025 usd, but as I wrote previously, as the percentage of the available currency will be lower , the price will tend to rise and be stable over time.
You must trade with a strategy or you will never make profits!!!
My results so far!
It is as clear as the previous sentence. If you want to make good profits, you must operate with a strategy, which you must follow as if it were the law. Of course, you must follow the strategy to the letter, because with that you will reduce the stress of trading, and you will reduce fomo as well. For example, since I have little time, and I do not have a great need for money to live (Don't get me wrong, it is always good to have more money, but I have a job as a base), I am choosing to have long-term profits. Therefore, what I do is participate in all the BNB launchpools, and every time I have the rewards, I exchange them for BNB and thus increase the amount I have. I have done it this way for 2 years. I also took the worldcoin project, and between starting bonuses, the first rewards and the bnb that I accumulated, I ended up having 1000 usd. And he left with only 40 USD Fiat. It may not be a large amount, but I did it without having to resort to a lot of money, without trading futures or spot, with little time connected to Binance (I have family), and more than anything just having to study. And the best, without stress. If I see a coin fall, it doesn't matter to me, because for me it is not real money, beyond the 40 dollars I started with. and this is important, because, for example, if it hurts you to lose 20% of 2 solanas due to a drop, imagine losing 20% of 1 etherium, or 10 bitcoin. Tears. I currently have 0.30 bnb since I used the rest in a pre-sale that I think will be my investment of a lifetime (BlockDag), but I will talk about it later.
And well, I talked about the strategy too, why I currently changed mine, before entering the bullrun. Which I am going to explain in the next posts.
My recommendation, study a lot, find a plan to operate, draw up a strategy, stick to it and work.
I find it incredible. I made a relatively popular post on square, and after about 2 hours posts similar to mine, almost identical, begin to appear. Come on people, it's not that difficult to write a step by step of things. They are not ashamed to copy. I'm not a great writer nor a crypto expert, but I try hard to make good content, and having a couple of idiots copy it without trying is unfortunate.
In summary, I put most of my bnb (0.2748) in staking for 120 days, in order to also participate in parallel in the launchpools (like NOT's now). And also perform BTCB staking task on Megadrop dapps. For this I had to move BTC between the binance exchange wallet and the binance web 3 wallet but using the binance chain. And that made it btcb. There was a tutorial on how to do this task, which was the most important since this task alone gave me 1000 points for the launch. I got 51.76 more through staking. And as a reward, I got 83.21 BB.
If all MegaDrop launches are the same, we will have a very good tool to make relatively easy money.
I would recommend that you join for future activities.
Because of things like this and as an investor, I am a fan of Retrodrops. Being able to make money without investing money, just with daily tasks. I joined mining and was tapping my screen like a sick person to earn coins. And Notcoin opened the door to all the projects that are being developed through Telegram. Tokens, wallets, sniper bots, a world apart in cryptos.
As usual, it can be farmed through fdusd and bnb staking, between May 12 and 15, and will be launched on the 16th.
Good for Ton, for Notcoin, for those who believed in the project and raised large sums of coins.