Hey guys, this is sevenzeros. In this article, I'm going to tell my story, and I'm sure you'll enjoy it. Let's dive in!
$35 to $6500
So, 2-3 years back, in mid-2020, I was new to crypto and started my journey with airdrops and other small odd jobs. After doing this, I came to the end of the year, and I had earned something like $500 in 6 months. For me, that amount was decent, so I cashed out that money and spent it on useless things. 🙂
In January 2021, it was the time of a bull run in crypto. Everything was pumping like hell, so I decided to invest in meme coins, and I found one hyped meme coin called JULD. I bought 9,500 JULD tokens worth $35 at a price of $0.0037.
I still remember that night and the exact time when I purchased this (2021 January 2, 11:23 PM). In the morning at 4 AM, I woke up and opened my trust wallet, and you know what I saw? I saw that my $35 had become $878, and this moment was one of the best moments of my life, to be honest.
Just imagine you have the last few dollars in your wallet, and suddenly you make a big profit within 24 hours to rebuild yourself. Can you feel that moment? 😍 That would be a great feeling!
So yeah, things were going well, and I came to the end of the month of January. By the end of the month, JULD was at $0.7, and my portfolio was around $6,700. I was so happy and thankful to God, and after that, I never looked back. I'm still growing and grinding to make more.
Can you also do this?
Yes, who the heck said you can't! Everyone can do everything; just believe in yourself and wait for the bull run. Learn new things in this market, and you'll make unbelievable profits during the bull run.
Thank you for reading my story. Please hit like and follow for more!
Few week ago a normal crypto dev deployed another degen/shitcoin called "doge 2.O" on Ethereum chain and then the founder of "dogecoin" liked the tweet made my doge 2.O official twitter account, after his like doge 2.O begin to fly and then other devs started to deploy many 2.o tokens. Such as pepe 2.O, squid 2.O and so on!
Besides the external factors, the Ethereum network has faced withdrawals from its smart contract applications, which also put the June rally in check.
Investors now question whether the tailwinds from Bitcoin’s $BTC ETF requests have faded, opening room for a correction down to the $1,700 level last seen on June 16.
The recent macroeconomic events may provide some hints, including the, U.S. Gross Domestic Product grew by an annualized 2% in the first quarter, Germany’s Consumer Price Index increased 6.8% in June versus the previous year, and The China Caixin global services purchasing managers’ index (PMI) reporting activity expansion.
Thus, strong economic indicators have heightened investors' expectations of further tightening measures from the U.S. Federal Reserve.
Fed Chair Jerome Powell's suggestion of two more interest rate hikes in 2023, coupled with the increasing cost of capital and higher returns on fixed-income investments, have diminished interest in cryptocurrencies.
2. TVL nears 3-year lows as network demand falls
The Ethereum network is likely facing its own challenges, particularly after co-founder Vitalik Buterin stated on June 29 that he does not stake all of his Ether due to the complexities associated with multisignature wallets.
Ethereum network total smart contract deposits (TVL) in ETH terms. Source: DefiLlama
The total value locked (TVL), which measures the deposits locked in Ethereum's smart contracts, reached its lowest level since August 2020. The indicator declined by 3.1% to 13.7 million ETH in the 30 days leading to July 4, according to DefiLlama.
A lower TVL means either investors are losing interest in the network's smart contract use or have moved to layer-2 alternatives in search of lower transaction fees. Either way, the potential demand for the Ethereum network is negatively impacted, thus being interpreted as bearish.
3. ETH price gains fueled by leveraged longs
Analyzing the positions of professional traders in ETH derivatives is crucial to determine the likelihood of Ether's price surpassing the $1,970 resistance level.
There are occasional methodological discrepancies between different exchanges, so readers should monitor changes instead of absolute figures.
Despite Ether trading within a narrow range of $1,815 to $1,975 since June 22, professional traders have increased their leveraged long positions in futures, as indicated by the long-to-short ratio.
At crypto exchange Binance, the long-to-short ratio sharply increased, from 1.14 on June 20 to 1.30 on July 4. Similarly, at OKX, the long-to-short ratio also increased from 0.76 on June 20 to a 2.25 peak on July 4, favoring leveraged longs.
To exclude externalities that might have solely impacted the Ether futures, one should analyze the ETH options markets. The 25% delta skew indicator compares similar call (buy) and put (sell) options and will turn positive when fear is prevalent because the protective put option premium is higher than the call options.
Making $500-$1000 in crypto is not much hard nowadays, if you have little experience in crypto then you can make this much amount or more than this so lets explore!
MODERATION JOBS
This is one of the first and most effective methods to easily make money in the crypto industry. All you need is a well-crafted resume to approach various projects. To create a resume, you can utilize any free editor tool available or take advantage of the numerous AI tools that can generate impressive resumes. Your resume should highlight your experiences and skills relevant to the crypto field. Additionally, it is important to create professional profiles on platforms like Twitter, Telegram, Discord, and others.
MORE TIPS!
Make your social profile good looking.
Get good PFP on your socials.
You can buy some followers for your socials to make it more professional.
TIME TO HUNT PROJECTS
Now it's time to actively hunt and approach projects for job opportunities. Twitter can be a valuable platform to discover projects. Begin by engaging with project accounts on Twitter and then proceed to join their Telegram or Discord chat communities. Maintain active participation in these chats for the next seven days, ensuring that you remain committed to this endeavor.
After the seven-day period, take the initiative to approach the project manager, senior members, or leaders directly via direct message (DM). By this point, you would have already made a positive impression with your consistent involvement in the chat. Now, it's time to showcase your resume and social media profiles to the founder or decision-maker.
By demonstrating your enthusiasm and dedication, you have significantly increased your chances of being assigned a role within the project. Moreover, there is a high probability of being offered a minimum salary ranging from $100 to $500 per month or week.
BONUS TIPS
Do the same things with multiple projects to get multiple job and make multiple money! 🤑
BECOME influencer
Nowadays, people are making money in the crypto industry, and crypto influencers, in particular, are earning substantial incomes. Within just 2-3 months of dedicated effort, these influencers can earn anywhere from $5,000 to $10,000 per month or even more. In this section, I will explain how you can embark on your influencer journey from the very beginning, allowing you to tap into this lucrative field.
Gain Knowledge: Begin by developing a solid understanding of the crypto market. Stay updated with the latest trends, news, and developments. Educate yourself about different cryptocurrencies, blockchain technology, and related topics. This knowledge will be crucial in establishing your credibility as an influencer.
Select Your Niche: Determine your area of specialization within the crypto industry. It could be blockchain technology, DeFi, NFTs, trading strategies, or any other specific focus. Choosing a niche will help you build expertise and attract a targeted audience.
Create Content: Start generating valuable content related to your chosen niche. This could include written articles, blog posts, video tutorials, podcasts, or social media updates. Consistency is key, so aim to produce content regularly to engage your audience.
Start youtube channel/twitter page/binance feed page/call channel to make review videos/posts/tweets on the project. in starting of 2-3 months you have to promote projects for free and then after gaining some real followers you can start charging the projects to earn money
If you found it helpful, I encourage you to hit the like and follow button. Your support means a lot. Have a fantastic day!
Shib Coin was launched in August 2020 as an experiment in decentralized community building. Inspired by the success of Dogecoin, Shib Coin aimed to create a community-driven cryptocurrency with a playful and meme-based approach. It operates on the Ethereum blockchain and utilizes the ERC-20 standard.
The key feature that sets Shib Coin apart is its supply. It has a massive total supply of one quadrillion tokens, making it highly affordable, even for small investors. Additionally, the tokenomics of Shib Coin include a substantial amount of tokens reserved for giveaways and rewards to incentivize participation and community engagement.
Market Performance and Adoption:
Since its launch, Shib Coin has garnered significant attention and amassed a large and dedicated community of supporters. Its popularity has been fueled by the rise of meme-based cryptocurrencies and the active involvement of its community members on social media platforms. The coin has also gained traction due to its listing on major cryptocurrency exchanges, making it easily accessible to a broader audience.
As with any cryptocurrency, the value of Shib Coin is subject to market fluctuations and sentiment. Its price has experienced both ups and downs, with rapid increases and subsequent corrections. While Shib Coin initially started at a very low value, its market cap has grown substantially, reaching billions of dollars at its peak.
Will Shib Coin Reach $1?
Predicting the future value of any cryptocurrency is a challenging task, as it depends on various factors, including market conditions, adoption rates, and overall investor sentiment. While Shib Coin's massive supply makes reaching a higher price per token more difficult, it doesn't necessarily indicate that it cannot reach $1.
To evaluate the likelihood of Shib Coin reaching $1, it's crucial to consider its current market dynamics and growth potential. The cryptocurrency market has proven to be highly volatile, and rapid price movements are not uncommon. Shib Coin has already demonstrated significant growth, which indicates that it has the potential to continue its upward trajectory.
However, it's important to note that the $1 mark represents a substantial increase from its current value. Achieving such a milestone would require continued community support, increased adoption, and broader market acceptance. Shib Coin would also need to overcome any regulatory challenges and establish its utility within the decentralized finance (DeFi) ecosystem.
Conclusion:
Shib Coin has emerged as a prominent player in the cryptocurrency market, capturing the attention of investors and enthusiasts alike. Its meme-based approach, large community, and affordable price make it an intriguing investment opportunity. While the prospect of Shib Coin reaching $1 cannot be guaranteed, its impressive growth and the dynamic nature of the cryptocurrency market make it an asset worth watching.
As with any investment, it's essential to conduct thorough research and exercise caution before making any financial decisions. The cryptocurrency market can be highly volatile and subject to various risks. Therefore, it's advisable to consult with financial advisors and stay updated with the latest market trends to make informed investment choices.
Understanding Crypto Trading Charts: A Comprehensive Analysis
Trading charts play a vital role in making informed decisions when trading cryptocurrencies. In this article, we will delve into the world of crypto trading charts and explore different types of charts, technical analysis tools, and how to interpret price movements effectively.
Candlestick Charts: Candlestick charts are commonly used in cryptocurrency trading. Learn how to read candlestick patterns, which represent price movements over a specific time period. Analyze bullish and bearish patterns, such as doji, hammer, and engulfing patterns, to identify potential market reversals.
Support and Resistance Levels: Identify key support and resistance levels on the charts to determine potential price levels at which the market may experience buying or selling pressure. These levels can help you set entry and exit points for your trades
Technical Indicators: Utilize various technical indicators, such as moving averages, Relative Strength Index (RSI), and Bollinger Bands, to gain insights into price trends, market momentum, and overbought or oversold conditions. Experiment with different indicators and find the ones that align with your trading strategy.
Volume Analysis: Pay attention to trading volume, as it indicates the level of market activity. Higher trading volume often accompanies significant price movements, suggesting increased market interest and potential trading opportunities.
Backtesting and Practice: Once you have learned how to read and analyze trading charts, practice your skills by backtesting your strategy on historical price data. This allows you to evaluate the effectiveness of your strategy and make adjustments before risking real funds.
Getting Started with Crypto Trading: A Beginner's Guide
Understand the Basics: To begin, familiarize yourself with the fundamental concepts of cryptocurrencies, blockchain technology, and how crypto exchanges operate. Gain a solid understanding of terms like wallets, private keys, and public addresses.
Choose a Reliable Crypto Exchange: Selecting a reputable cryptocurrency exchange is crucial for secure and seamless trading. Research popular exchanges like Binance, Coinbase, or Kraken, considering factors such as user experience, security features, available cryptocurrencies, and trading fees.
Set Up Your Wallet: Create a cryptocurrency wallet to store your digital assets securely. You can choose between hardware wallets (e.g., Ledger, Trezor), software wallets (e.g., Exodus, Trust Wallet), or online wallets provided by exchanges.
Perform Market Research: Before making any trades, conduct thorough market research. Follow news and analysis from reliable sources to stay updated on the latest trends, events, and regulatory developments that may impact the cryptocurrency market.
Develop a Trading Strategy: Define your trading goals, risk tolerance, and preferred trading style (e.g., day trading, swing trading, long-term investing). Establish a clear strategy that includes entry and exit points, stop-loss and take-profit levels, and risk management techniques.
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