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Crypto staking involves holding and locking up cryptocurrency coins in a wallet for a certain period of time to support the network and earn rewards in return. Here are some steps to make money with crypto staking:
Choose a cryptocurrency that supports staking: Not all cryptocurrencies support staking. You should research and choose a cryptocurrency that offers staking, such as Cardano (ADA), Tezos (XTZ), or Ethereum 2.0 (ETH).
Buy and hold the cryptocurrency: You will need to buy and hold the cryptocurrency in a wallet that supports staking. You can choose to stake your coins directly with the cryptocurrency network or use a staking pool.
Select a staking pool: If you choose to use a staking pool, you should research and choose a reputable staking pool. Staking pools are groups of individuals who combine their coins to increase their chances of earning rewards.
Delegate your coins to the staking pool: If you choose to use a staking pool, you will need to delegate your coins to the pool. This involves transferring your coins to the poolâs wallet and authorizing the pool to stake on your behalf.
Earn rewards: Once your coins are staked, you will earn rewards in the form of more cryptocurrency coins. The amount of rewards you earn depends on the amount of coins you stake, the length of time you stake them, and the networkâs staking rewards rate.
SAFU developer must hold the contract ownership for 7 days minimum
SAFU developer must pause trading until listing time
SAFU developer must own the staking ownership. Staking dapp must be audited.
Owner can not be able to mint new tokens
Owner can not be able to pause trading
Owner can not be able to set max transaction limit lower than 0.1% of circulating supply
Only SAFU dev may blacklist snipers during the 7 days of holding ownership. After 7 days or when ownership is transferred, the blacklist must be non-functioning.
Owner can not be able to claim the contractâs balance of its own token
Owner can not be able to set max wallet limit lower than 1% of circulating supply
Owner can not increase taxes in the first 7 days from listing
Anything that can be changed by the owner can not limit or stop trading for the investors. (Anti-bot without time limit, Transaction time lock without limit, sell limit based on holder balance, etc.)
What are some strategies that crypto traders use to earn millions of dollars per day in the market?
It's important to note that trading cryptocurrency is a highly volatile and risky market, and earning millions of dollars per day is an uncommon occurrence. While there are traders who have achieved this level of success, it typically requires a combination of advanced knowledge, experience, and effective trading strategies.
Here are some strategies that successful crypto traders may use:
Technical Analysis:Â Traders often use technical analysis to analyze price charts and identify patterns, trends, and potential trading opportunities. They use various indicators and tools such as Moving Averages, Relative Strength Index (RSI), Fibonacci retracement levels, and others to help them make informed trading decisions.
Fundamental Analysis:Â Fundamental analysis involves researching and analyzing various factors that can affect the value of a particular cryptocurrency, such as the project's development team, its adoption rate, and its overall market demand. Traders can then use this information to make informed decisions about whether to buy or sell a particular cryptocurrency.
Risk Management:Â Successful traders employ robust risk management techniques to minimize losses and maximize profits. This may involve setting stop-loss orders to automatically sell a cryptocurrency if it drops below a certain price, or taking profits at predetermined levels to lock in gains.
Automated Trading:Â Many traders use automated trading bots to execute trades based on predetermined criteria, such as price levels or technical indicators. These bots can help traders capitalize on market movements quickly and efficiently.
Market Analysis:Â Traders closely monitor news and market developments to identify potential market-moving events that can affect the value of cryptocurrencies. They use this information to adjust their trading strategies accordingly.
It's worth noting that trading cryptocurrency is highly competitive, and successful traders often have years of experience and deep knowledge of the market. Additionally, there are always risks involved in any trading activity, and it's important to exercise caution and never invest more than you can afford to lose.
Itâs not easy to hold your nerve as crypto assets print double-digit losses. But donât bury your head in the sand, follow these simple steps and make the most of this bear market opportunity.
The crypto market is experiencing double-digit percentage losses, with bitcoin (BTC) dipping below $20,000 in June 2022, its lowest price since November 2020. General market sentiment beyond crypto is also bleak, and has many investors understandably worried. But that doesn't mean you should throw up your hands and run from the markets.
So, what should you do instead?
1. Buy the crypto dip using dollar-cost averaging
Itâs all too easy to be on the wrong side of a crypto trade when markets turn wildly volatile, but that doesnât mean you have to sit there and watch your portfolio plummet by the hour.
Investors who have held back a reserve of fiat currency or stablecoins, or have expendable capital in their bank accounts, will have the ability to âbuy the dip.â This common phrase used throughout the crypto industry refers to the practice of buying up an amount of cryptocurrency whenever thereâs a significant bearish correction in the market.
The idea is, if and when prices return back to their previous highs, the dip buyers will bank a nice profit. This echoes the infamous preachings of stock trading legend Warren Buffett, who once said âWhen thereâs blood on the streets, you buy.â
For example, letâs say you have $1,000 in reserve funds. A good DCA strategy would be to break up the amount into five tranches of $200 or even 10 tranches of $100 and place trades using those smaller amounts.
2. Use indicators to find the best entry point
For investors that possess a basic or higher understanding of technical analysis â the practice of predicting an assetâs price movements based on chart trends, indicators and patterns â itâs possible to use certain indicators to gauge when an asset has reached a bottom.
Of course, no indicator is completely foolproof, but they can often give you a strong signal when to buy a dip.
A popular method is to use the Relative Strength Index (RSI) indicator â a momentum oscillator characterized by a channel and a line that oscillates in and out of it. There are two key elements to this tool:
Overbought:Â When the indicator line breaks out above the channel the asset in question is considered âoverboughtâ â in other words, overvalued â and usually signals that prices will fall back down soon.
Oversold:Â When the indicator line breaks out beneath the channel the asset in question is considered âoversold,â or undervalued, and usually signals that prices will rise soon.
3. Diversify your investments across different crypto assets
One way to hedge your bets is to use DCA for a range of different crypto assets. This might involve reducing your trade sizes even smaller, but, in doing so, youâll reduce your overall risk. Of course, itâs not enough to randomly select crypto assets and invest in them. Youâll want to perform rigorous due diligence first on each crypto asset you intend to buy and look for the following:
Previous all-time high:Â No crypto is guaranteed to return to its all-time high, but it can give you an idea of what sort of potential the asset has.
Past performance: Look at the assetâs price history using tools like TradingView and see how well it has recovered during previous crashes. Does it correlate strongly with the rest of the market, or does it regularly outperform other leading assets? Previous performance is no guarantee of future price activity, but, again, it gives you a rough idea of what might be possible.
Upcoming roadmap announcements:Â One thing that can assist in an assetâs recovery is the arrival of a major update or roadmap development. These can include things like a rebranding, a mainnet launch or a new partnership.
4. Donât freak out
This might seem like a no-brainer, but managing your emotions during bear markets is not as easy as it sounds. In fact, itâs often described as being the hardest thing to master when learning how to trade professionally.
Renowned American economist Benjamin Graham once said, âIndividuals who cannot master their emotions are ill-suited to profit from the investment process.â
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Binance Coin (BNB) is a cryptocurrency created by the cryptocurrency exchange Binance. Binance is one of the world's largest cryptocurrency exchanges, and BNB was originally created to be used as a utility token within the exchange.
BNB is built on the Ethereum blockchain using the ERC-20 token standard, but Binance has since created its own blockchain, the Binance Smart Chain, which supports BNB as its native token.
Some of the use cases for BNB include:
Trading fee discounts: Binance users can pay their trading fees with BNB and receive a discount.
Staking: Binance users can stake BNB to earn rewards in other cryptocurrencies.
Token sales: Binance has a platform called Binance Launchpad that allows projects to raise funds by selling their tokens in exchange for BNB.
Payment: Some merchants and service providers accept BNB as a form of payment.
Overall, BNB has gained popularity due to its utility within the Binance ecosystem, and it has also seen price appreciation as a result of its increasing use and adoption.
Satoshi Nakamoto is the pseudonym used by the unknown person or group of people who created Bitcoin and authored its original white paper in 2008. Despite many attempts to uncover their true identity, the real person or people behind the Satoshi Nakamoto pseudonym have never been officially identified.
Over the years, various people have been suggested as the possible creator(s) of Bitcoin, including computer scientists, entrepreneurs, and even government agencies. However, no conclusive evidence has ever been presented to definitively link any one person or group to the creation of Bitcoin.
In 2014, an Australian entrepreneur named Craig Wright claimed that he was the real Satoshi Nakamoto, but this claim was met with skepticism and has never been proven. Today, the true identity of Satoshi Nakamoto remains a mystery, and their anonymity is seen as a key aspect of Bitcoin's decentralized ethos.
What if we can found who is Satoshi Nakamoto ?
If the true identity of Satoshi Nakamoto were to be revealed, it could have a significant impact on the cryptocurrency industry and the wider world of finance and technology.
On the other hand, if the true identity of Satoshi Nakamoto were to be revealed as someone with a controversial or negative reputation, it could potentially harm the credibility of Bitcoin and the wider cryptocurrency industry. It could also lead to increased scrutiny and regulation from governments and financial authorities who are already wary of the disruptive potential of cryptocurrencies.
Ultimately, the revelation of Satoshi Nakamoto's true identity could have both positive and negative implications, depending on who the person(s) behind the pseudonym turn out to be and the circumstances surrounding their involvement in creating Bitcoin. However, it's worth noting that many people in the cryptocurrency community believe that Satoshi Nakamoto's anonymity is a key aspect of the decentralized nature of Bitcoin and that it's unlikely that they will ever be revealed.