Basic rule that I learned early on and that applies to any cryptocurrency, be it $THE $XRP or even $BTC . "BUY during the silence and SELL during the noise"
While some cry, others sell tissues! I'm buying $THE with each dive and if it reaches $2.50 I'll fill the cart. See you at the top, where you like to buy and I like to sell 😉👍💰
$ACT before going up, there was a correction from its top, of 58%.. so don't be scared by the correction of $THE , at the moment we have the perfect buying opportunity! Keep buying during the dips and thank me later 😉
Some idiots are showing the rise of $ACT e for this reason it is better than $THE , but you are dishonest enough to hide the chart showing the big drop before the rise, a NORMAL movement that every token makes to seek liquidity. $THE will arrive at that time, just buy it! It was only released 3 days ago.
$THE The red arrows indicate that the chart is respecting that level, that is, there is considerable support there that is preventing the price from falling to lower levels... In this case, the ideal is to wait to touch this support region and wait for the reversal candles to open.
If this support is lost, then wait to touch the lowest level and only then make an entry.
The entry levels are marked with the green circle. If the chart touches the level of the green circle and reverses, then it is an opportunity to enter with the stop a little below this support.
$THE After a spectacular launch, #THENA did what is expected of any newly launched token, it goes through a correction and sideways for a period to seek liquidity.
Unfortunately, people who are new to the cryptocurrency market think that the charts should only move upwards, they buy top after top and want to become millionaires in 3 days.
Let me tell you a secret, this market requires patience, investors wait weeks, months and even years to make a substantial profit from the market. Be patient! The project is on its third day, it hasn't retreated like other launches and you're having a heart attack.
Stop investing in cryptocurrencies as if you were in a casino, you're going to lose! Here, the one who has the most patience wins.
$THE Binance Square Official will broadcast “AMA with THENA: The Native Liquidity Layer on BNB” live on 2024-11-29 15:00. Don’t miss a thing and click to add a reminder! https://app.binance.com/uni-qr/cspa/16848391001682?r=722821959&l=en&uc=app_square_share_link&us=copylink
To calculate the average price of cryptocurrencies, you need to add up the total amount spent on all purchases and divide it by the total number of cryptocurrencies purchased.
For example, if you bought 10 THENA for $4.00 each (purchase 1 = $40.00)
Then, during a correction, you bought 5 more THENA for $3.00 (Purchase 2 = $15), the average price would be:
Purchase1 + Purchase2 / 15 (Total tokens) = Average price
So this would be the result:
$40.00 + $15.00 / 15 = $3.66
In short, you who were stuck at the initial price purchased at $4.00, managed to reduce it to $3.66, making the margin needed to recover your total investment smaller.
Always set aside a portion of your investment for repurchases to improve your average price, this makes all the difference.
👏 Community, you've played this smart! The opportunity with liveTHE hasn't gone unnoticed!
The Strategy is Paiing Off! Many have bought liveTHE at a discount, staking it for additional yield.
Peg Correction in Action: The gap between liveTHE and $THE is narrowing. The protocol's mechanics are working as intended, with fees being used to buy back liveTHE, effectively closing the price difference.
Price Movement: liveTHE is inching closer to its 1:1 peg with $THE.Staking Rewards: Still lucrative, providing a dual benefit of capital appreciation and passive income.
What's Next? Keep Holding If you're in, consider holding for the full peg restoration.
New Investors: The window might still be open, but act fast. The peg could snap back any time. I have seen some huge buys like 300k at once!
Reminder: Always keep an eye on market conditions; they can change rapidly.Diversify: Don't put all your eggs in one basket, even with a promising opportunity like this.
Go to Thena to be able to swap you THE into liveTHE
🔄 Keep monitoring the situation. The journey of liveTHE to full parity with $THE continues, and if you've taken advantage, you're on the right track!
$THE is going through a critical and decisive moment, if we break the wedge, the correction will probably be sharp. Protect your investment using StopLoss. Tomorrow will be a new day. Good luck to all🙏
Thena: The Token That Skyrocketed 1,000%—Here’s What It’s Really About
Just yesterday, Thena launched its token ($THE) on Binance. And boy, what an incredible launch it was. The token soared over 1,000% on its first day, grabbing the attention of the entire crypto community. In fact, it was one of the rare token launches where the price did not immediately plunge. That's why I wanted to find out more about Thena and what's behind the THE token. But honestly, most of what's written about Thena is either overly technical or stuffed with buzzwords that no one really understands (and wants to read). So, I spent the time and deeply dove into the topic to write a different article: an article that explains what Thena is really about, away from terms such as collaborative liquidity layers. You will learn what problems it solves, what tangible benefits it offers, and why the token price could go even higher—all in plain language. What Exactly Is Thena? Let's start with the most important questions. At its heart, Thena is a decentralized platform for trading and earning. It's built on the BNB Chain and aims to simplify decentralized finance (DeFi) so that anyone—not just crypto insiders—can benefit from it. Think of it as a crypto toolkit for trading and investing—one that's easy to use, decentralized, and packed with features. What Can You Actually Do On Thena? You're probably wondering, "Okay, but how can I use it?" The answer depends on what you're looking for. Here are the most important services Thena offers: Spot Trading: If you want to trade spot, Thena allows you to swap tokens efficiently, with lower fees.Investing: If you want to invest and earn passive income, you can provide liquidity. This means you deposit tokens into the platform, and in return, you earn a share of the trading fees.Leverage Trading: Thena also provides a decentralized approach to leveraged trading with Thena's ALPHA DEX. It supports trading with up to 60x leverage on over 270 crypto pairs.
What Makes Thena Stand Out? I know DeFi is full of platforms promising to "revolutionize finance," yet most have failed to address the real issues. High fees, poor liquidity, and (especially) the need for more user-friendly tools have kept DeFi from mass adoption. Thena tries to tackle these challenges—especially the latter. Here's what makes it stand out. Making trading more profitable (for everyone) By cutting out inefficiencies, Thena makes it cheaper to trade and more profitable to participate. For example, traders benefit from deep liquidity, which ensures smoother and faster transactions. Meanwhile, liquidity providers (people who fund the system) earn a more significant share of fees, making it worthwhile to invest time and money. Easy access (for user and Thena) Thena is integrated into the Binance app, which brings two massive advantages: It is super easy for users to access Thena. They don't need an extra app, a wallet, or anything else.On the other hand, Thena gets access to the millions of users already on Binance—a huge advance compared to other DeFi projects. Community driven And here's one more thing: Thena's system is entirely community-driven. Unlike many projects that cater to big investors, Thena rewards its users. So far, the project has distributed $25M+ to users—not to venture capitalists. Thena's Plans & Roadmap Thena's roadmap holds some exciting features and plans beyond trading and investing. As their ultimate goal, they want to create a "DeFi SuperApp" where you can manage everything: Swap tokens seamlessly.Convert crypto to cash (and vice versa).Access easy-to-use wallets and even DeFi banking services. Thena wants to make DeFi as easy as using a regular bank—but with all the benefits of decentralization. I loved to read this since it shows that the team understood where the real issues of DeFi are right now. A Closer Look at the THE Token Alright, it's time to take a closer look at Thena's token with the symbol $THE. The main goals behind the token are: To make trading smooth and efficient, $THE tokens are given as rewards to users who provide liquidity. This ensures there's always enough liquidity for easy and fair trading.Let the community shape the platform: $THE tokens also let users participate in decisions about how the platform develops. Over time, the goal is to hand over control to the community and make Thena fully decentralized. At the time of writing, $THE is trading at $3.79 with a market cap of almost $300M. Here are some more facts: Total Supply: 238M THECirculating Supply: 78M THE
Price Outlook While it's always tough to predict the future of newly launched tokens, we can examine their fundamentals to get an idea of their potential. Unlike many crypto projects, it's not trying to build hype. Instead, it's solving real problems. From reducing fees to making DeFi accessible, Thena is focused on creating a platform that actually brings value to its users.The team built the platform for long-term growth based on a model that rewards contributors and ensures sustainable tokenomics.Thena has a functioning business model, real-world use cases, and a proven track record of rewarding its community. For context, the platform has already distributed $25M+ in rewards to its users. Compare this to tokens with zero use cases that have rallied to billion-dollar valuations, and it's clear: THE has room to grow. That said, this is no guarantee. Always do your research before investing. Summing It Up! Thena's explosive debut might be just the beginning. With its community-first approach, innovative tools, and focus on solving real problems, it's definitely a project that deserves attention. Personally, I love to see projects that are actually building and pushing DeFi and web3 forward. It is something that needs more attention besides all the meme hype. Keep building! @THENA
Ok, let's repeat the previous move, touching the bottom of the wedge and jumping to the top🚀. $THE is always making higher bottoms, when you sell you lose money and the time to re-enter. The ship will leave and you will stay in the port 😅