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LeoDanOfficial
@Economista
Ingeniero en tecnología de la información, programador (más de 10 años), Economista y Escritor.
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Binance announces delisting of DCR/BTC and ZEN/ETH
What is Binance's goal in excluding these cryptocurrencies from BTC and ETH? Why is it doing this, what is the purpose?
Where are the formal announcements from Binance? How surprising they are! I think there is poor communication from them. All this implies a greater risk for us, investors. If it is already complex to decide which crypto to invest in, Binance makes it even more complicated for us.
There is no notification in the app directly (beyond encouraging you to trade in their marketing campaign), there is no email and no advertisement that is easily visible, when searching for DCR, ZEN, below there is an advertisement section, but there is nothing current, however you will see this notice when clicking on DCR/BTC and ZEN/ETH.
Where are the formal announcements from Binance? How surprising they are! I think there is poor communication from them. All this implies a greater risk for us, investors. If it is already complex to decide which crypto to invest in, Binance makes it even more complicated for us.
There is no notification in the app directly (beyond encouraging you to trade in their marketing campaign), there is no email and no advertisement that is easily visible, when searching for DCR, ZEN, below there is an advertisement section, but there is nothing current, however you will see this notice when clicking on DCR/BTC and ZEN/ETH.
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More than 50% reduce my profits/investments. Don't panic, rather rejoice, because the numbers in red are an excellent opportunity to invest; don't fall into the trap of despair.
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Is Binance an unsafe environment? Controversies, lies, or transparency...
It is supposed that the removal of cryptocurrencies on Binance is done solely to protect the community. However, after conducting some studies on cryptocurrencies, including those that will be removed, I did not find any warning from Binance when consulting the information of these cryptocurrencies (such as price and general information).
In fact, I made a purchase of a couple of cents to observe what would happen, and again no warning was displayed.
In my opinion, they should provide notices (not notices on their announcement page, but notices directly on the cryptocurrency). And, in any case, they should not allow purchases without prior warning.
On the other hand, in the Binance Square community, users are posting that certain coins will be removed. Among these announcements, I found one about REEF, but it is still available in the futures section. I only found one warning for LOOM in the same futures section, and I believe that all cryptocurrencies that will be removed should have a similar warning.
Let’s be part of an informative community, comment on which cryptocurrencies are going to be removed before the end of the year or in the coming months of 2025.
#BTC
#binancesuquare
$BTC
It is supposed that the removal of cryptocurrencies on Binance is done solely to protect the community. However, after conducting some studies on cryptocurrencies, including those that will be removed, I did not find any warning from Binance when consulting the information of these cryptocurrencies (such as price and general information).
In fact, I made a purchase of a couple of cents to observe what would happen, and again no warning was displayed.
In my opinion, they should provide notices (not notices on their announcement page, but notices directly on the cryptocurrency). And, in any case, they should not allow purchases without prior warning.
On the other hand, in the Binance Square community, users are posting that certain coins will be removed. Among these announcements, I found one about REEF, but it is still available in the futures section. I only found one warning for LOOM in the same futures section, and I believe that all cryptocurrencies that will be removed should have a similar warning.
Let’s be part of an informative community, comment on which cryptocurrencies are going to be removed before the end of the year or in the coming months of 2025.
#BTC
#binancesuquare
$BTC
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MEMECOINS ALTERNATIVES
This economic study is intended for memecoin lovers and for those passionate about new cryptocurrencies who are mistakenly believing that they will have a fortune from the millions of cryptocurrencies acquired in memecoins or new cryptocurrencies.
However, most do not realize that these cryptocurrencies have inflation, SHIB with 589512 billion, PEPE with 420690 billion, DOGE with 147 billion, PNUT 1 billion and there are also others outside of these categories such as XRP with 100 billion crypto. How crazy!.
And so, the alternative? Well, it's not a cryptocurrency where you can buy a million crypto with so little, but its price is affordable and this cryptocurrency is:
$LUMIA
If all these investors and micro investors switched to LUMIA they would be guaranteeing almost a fortune or at least more than 1K.
Before investing, look at other options, study the market, there are other more convenient alternatives, don't rush.
And if you want to earn more crypto than you already have, invest it in Binance Earn Flexible, in my profile I have a post about this, giving more details.
#Bitcoin
This economic study is intended for memecoin lovers and for those passionate about new cryptocurrencies who are mistakenly believing that they will have a fortune from the millions of cryptocurrencies acquired in memecoins or new cryptocurrencies.
However, most do not realize that these cryptocurrencies have inflation, SHIB with 589512 billion, PEPE with 420690 billion, DOGE with 147 billion, PNUT 1 billion and there are also others outside of these categories such as XRP with 100 billion crypto. How crazy!.
And so, the alternative? Well, it's not a cryptocurrency where you can buy a million crypto with so little, but its price is affordable and this cryptocurrency is:
$LUMIA
If all these investors and micro investors switched to LUMIA they would be guaranteeing almost a fortune or at least more than 1K.
Before investing, look at other options, study the market, there are other more convenient alternatives, don't rush.
And if you want to earn more crypto than you already have, invest it in Binance Earn Flexible, in my profile I have a post about this, giving more details.
#Bitcoin
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EARN WITH FLEXIBLE INVESTMENTS IN "BINANCE EARN" IN LONG-TERM CRYPTOCURRENCIES!
These are my recommendations, as an economist, aimed at individuals who invest for the long term, who have a balanced economic stability, who do not suffer from anxiety and who do not expect to get rich overnight. They are not for those who invest today and withdraw tomorrow because a need has arisen. That is not how long-term investment works.
The recommended coins are:
$YFI
$TAO
$BCH
$ZEC
$ZEN
$DCR
$LTC
Once you acquire these cryptocurrencies, invest them in Earn Flexible, with automatic subscription this allows you to automatically transfer new purchases of crypto to EARN and also generate compound interest, you will generate an increase in the amount of the same cryptocurrency over time. It is important to clarify that the amount of cryptocurrencies will increase, but their value will depend on the market (whether it goes up or down). These cryptocurrencies have a great future in the long term, as they are sustainable projects similar to Bitcoin.
I have not recommended Bitcoin (BTC) for one reason only: its current price is not affordable for micro-investors. It is too high to bet on it at this moment.
Remember: If you are just starting to invest, the red or negative numbers should not worry you. On the contrary, take advantage of every drop in price to acquire more (does not apply to memecoins, cryptocurrencies with inflation or with unlimited supply). That is the key to success in long-term investments!
These are my recommendations, as an economist, aimed at individuals who invest for the long term, who have a balanced economic stability, who do not suffer from anxiety and who do not expect to get rich overnight. They are not for those who invest today and withdraw tomorrow because a need has arisen. That is not how long-term investment works.
The recommended coins are:
$YFI
$TAO
$BCH
$ZEC
$ZEN
$DCR
$LTC
Once you acquire these cryptocurrencies, invest them in Earn Flexible, with automatic subscription this allows you to automatically transfer new purchases of crypto to EARN and also generate compound interest, you will generate an increase in the amount of the same cryptocurrency over time. It is important to clarify that the amount of cryptocurrencies will increase, but their value will depend on the market (whether it goes up or down). These cryptocurrencies have a great future in the long term, as they are sustainable projects similar to Bitcoin.
I have not recommended Bitcoin (BTC) for one reason only: its current price is not affordable for micro-investors. It is too high to bet on it at this moment.
Remember: If you are just starting to invest, the red or negative numbers should not worry you. On the contrary, take advantage of every drop in price to acquire more (does not apply to memecoins, cryptocurrencies with inflation or with unlimited supply). That is the key to success in long-term investments!
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Lists of cryptocurrencies with low CRYPTO in production (limited supply) similar to Bitcoin with 21 million or lower, long-term sustainable projects, I start:
$TAO
$LTC
$BCH
$ZEC
$ZEN
$DCR
$YFI
$BSV
$ELA
$XMR
$MKR
$DMD
What do you think?
Do you have other suggestions, other cryptocurrencies with limited supply.
$TAO
$LTC
$BCH
$ZEC
$ZEN
$DCR
$YFI
$BSV
$ELA
$XMR
$MKR
$DMD
What do you think?
Do you have other suggestions, other cryptocurrencies with limited supply.
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In the dynamic world of cryptocurrencies, long-term investment requires a strategic vision and a deep understanding of the factors that drive the value of these digital assets. The mistake of believing that you will have a fortune overnight makes you make wrong decisions and one of them is to bet on new or already circulating cryptocurrencies but with uncontrolled inflation that does not generate and will not generate the wealth you expect.
After a long study of having analyzed, identified and diversified, I have the long-term economic perspectives set at:
$LTC
$BCH
$ZEC
DCR ZEN...
The same ones that with less than 100 USD invested are generating an increase of +12 USD per day, I am aware that it can go up and down, but that is why it is my long-term bet and not for a short period, in the meantime, the numbers remain in green.
And not in red and green and vice versa as happens with cryptocurrencies with inflation that despite their popularity and demand will not have the prospects you expect, do not expect positive results with cryptocurrencies with inflation.
In the following screenshot my portfolio is diversified, my favorite cryptocurrencies with a long-term investment of 3, 4 or 5 years, that is the objective and, continue contributing to them as if they were insurance, a saving until their price is no longer affordable to continue contributing.
What do you think of this option?
Would you like us to delve deeper into any particular aspect?
#BecomeCreator
After a long study of having analyzed, identified and diversified, I have the long-term economic perspectives set at:
$LTC
$BCH
$ZEC
DCR ZEN...
The same ones that with less than 100 USD invested are generating an increase of +12 USD per day, I am aware that it can go up and down, but that is why it is my long-term bet and not for a short period, in the meantime, the numbers remain in green.
And not in red and green and vice versa as happens with cryptocurrencies with inflation that despite their popularity and demand will not have the prospects you expect, do not expect positive results with cryptocurrencies with inflation.
In the following screenshot my portfolio is diversified, my favorite cryptocurrencies with a long-term investment of 3, 4 or 5 years, that is the objective and, continue contributing to them as if they were insurance, a saving until their price is no longer affordable to continue contributing.
What do you think of this option?
Would you like us to delve deeper into any particular aspect?
#BecomeCreator
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Apps you should have:
- ConinMarketCap
- CoinGecko
These APPs allow you to view the supplies (unlimited, limited) of any cryptocurrency, its capitalization and historical and minimum growth. Before investing, check the information from the mentioned apps.
Cryptocurrencies with limited supply and with few cryptocurrencies in circulation (they do not generate inflation) unlike others, are:
$LTC
$BCH
$ZEC
Alternatives to the pioneer but long term.
- ConinMarketCap
- CoinGecko
These APPs allow you to view the supplies (unlimited, limited) of any cryptocurrency, its capitalization and historical and minimum growth. Before investing, check the information from the mentioned apps.
Cryptocurrencies with limited supply and with few cryptocurrencies in circulation (they do not generate inflation) unlike others, are:
$LTC
$BCH
$ZEC
Alternatives to the pioneer but long term.
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Bitcoin is skyrocketing 91k is not affordable for micro investors, i.e. for those who invest 10 - 100 USD it is relatively insignificant for now.
Results for Bitcoin you need at least 50% of what it is worth, otherwise we are just small fish being food for big fish, if you are within the small fish do not be the food of the big ones.
You want results, invest long term in
$ZEC
$ZEN
$DCR
BCH
LTC
These are cryptocurrencies without inflation and with a model similar to BITCOIN. While the trend now in DOGE only ensures about 50 no more, DOGE is not sustainable.
Results for Bitcoin you need at least 50% of what it is worth, otherwise we are just small fish being food for big fish, if you are within the small fish do not be the food of the big ones.
You want results, invest long term in
$ZEC
$ZEN
$DCR
BCH
LTC
These are cryptocurrencies without inflation and with a model similar to BITCOIN. While the trend now in DOGE only ensures about 50 no more, DOGE is not sustainable.