Let’s talk about Bitlayer, a Bitcoin second-layer project that just completed a $25 million financing, led by Polychain Capital, Franklin Templeton, and Framework. This time the benefits are really super, and they are going to issue 10 million $BTR tokens! You can open a treasure chest every day. If you are lucky, you can get up to 1,000#BTRin one box 🎁 🔗 Portal: https://www.bitlayer.org/invitation/1760b9d1 This event is quite luxurious, cooperating with several project parties: • @Rolldex_io gives out $200,000 in $ROLL tokens • @jaspervault gives NFTs and points • @DesynLab airdrops $500,000 in $DSN • @avalonfinance_ and @LorenzoProtocol both give points In addition, there are a limited number of 10,000 ecological medals, first come first served, and they will be gone once they are grabbed~ Specific task process 1⃣RollDex: Follow the official account and recharge 0.0001BTC of RLP (or equivalent USDT/USDC) to RollDex RLP Pools. Completing a task will give you 2 chances to open the box, and you can do 5 tasks every day. The first 10,000 users who complete the task will each receive 20u $ROLL. 2⃣Jasper Vault: Follow the X account and place an order for the BTC Degen 2-hour option on the Bitayer chain in the Jasper Vault (unlimited amount). Completing a task will give you 5 chances to open the box, and 5 tasks every day. 3⃣DeSyn Protocol: Follow the X account and deposit at least 0.000076 wBTC to the dwbtc2 fund (withdrawable after verification). Completing a task will give you 5 chances to open the box, and 5 tasks every day, and you will receive airdrops based on the amount of participation. 4⃣Avalon Labs: Follow the X account and deposit at least 0.0001 BTC assets in Avalon. Completing a task will give you 2 chances to open a box, 5 tasks per day, and you can share 20% of the $AVAF airdrop after completing the task. 5⃣Lorenzo Protocol: Follow the X account and deposit at least 0.0001 stBTC assets in Avalon. Completing a task will give you 2 chances to open a box, 5 tasks per day If you want to play, you can use #UXUY,#OKXWeb3 and other wallets. Remember to participate before the end of November!
$HMSTR All the staked coins will be unlocked in two days. There will definitely be a large amount of selling pressure, so everyone should run away quickly.
Market pullbacks should be seen as opportunities to add positions, rather than moments of panic selling. In the long run, especially with the support of long-term positive factors such as Bitcoin halving, patience and waiting are expected to reap good returns. Bull markets usually start when market sentiment is the most pessimistic, because dealers absorb funds at low levels and avoid entering the market when sentiment is high. A stable mentality and persistence in long-term layout are often the signs of winners in the market.#BTC#ETH #SOL
This is not the bottom signal📶 It has been supported near 57770 for 4 consecutive times, but the rebound height is getting lower and lower. If this wave of rebound cannot break 59200, then falling below 57000 is a foregone conclusion. On the other hand, the trend of Ethereum is very strong, and the lows are higher and higher. ETH may have been under the selling pressure of V God and the foundation recently. The market is generally not optimistic about the future of ETH, and even thinks that the SOL chain will replace ETH. But if the ETH chain is really replaced, other chains will definitely do better than the ETH chain. Not necessarily. The old public chain has a solid foundation. ETH still has the hope of an explosion in the future. Judging from the current trend, there is already a signal of the bottom. Don’t forget that the Ethereum ETF has been falling since its listing, which is similar to the listing of the Bitcoin ETF, so don’t be too pessimistic. The subsequent trend of Ethereum is still worth paying attention to. It may not be weaker than BTC. BTC's recent trend is very similar to the previous ones. I don't know if you have observed it carefully. The high point of the rebound is getting lower and lower. The support near 57770 has also been supported for 4 consecutive times. So the support level here has been worn down and is getting weaker and weaker, and it may be broken at any time. If this wave of rebound cannot break 59200, then this wave will definitely fall below 57770. It is normal to reach around 56500 or even 55000. Therefore, it is still necessary to focus on high altitude, unless it effectively breaks through 59500 before considering long. Otherwise, try not to do more first, otherwise you will definitely be trapped. Now it depends on where the second bottom will go. At present, BTC's daily MACD has formed a dead cross near the zero axis and has opened downward, KDJ is also downward, and the OBV volume has even reached around 51000. This volume is not right. The dealer has been shipping, and the big whales have not copied. Now the bottom is basically small scattered. Bitcoin's small-level indicators are also strong and bearish, and there is no sign of rebound. ETH is also being led astray by Bitcoin. This wave is bound to test the bottom near 2390 again. If it cannot hold here, it will continue to look down to around 2216. The general trend is now empty, and there is no explosive news, so it is still necessary to focus on high-altitude, and it is not recommended to go long.
v#BTC#Bitcoinsis a BRC20 token deployed and inscribed on the Bitcoin blockchain based on the Ordinals protocol. Its name is derived from Bitcoin Ordinals=Bitcoins, abbreviated as inscribed Bitcoin, small cake, and small bit. Bitcoins was deployed anonymously on April 25, 2023, and went through a fair minting process that lasted 100 days. It is an ownerless token with full circulation, following the decentralized spirit and ownerless community consensus on the blockchain. The community's original vision: to help one billion people have Bitcoin wallets. BTCs is a BRC20 asset deployed on the Bitcoin blockchain and based on the Ordinals protocol. Its name is derived from Bitcoin Ordinals=BTCs, which is an inscribed version of Bitcoin. BTCs was deployed anonymously on April 25, 2023, and it took 100 days to complete fair minting. BTCs is an ownerless asset that is fully decentralized and circulated. It upholds the decentralized and ownerless consensus spirit of the blockchain. The vision of the BTCs community is to help 100 million people have Bitcoin wallets.
Is IOTX, the leading token in the DEPIN track, the next 100x coin?
IoTeX (IOTX), a benchmark worth paying attention to in the DEPIN track, is an automatically scalable and privacy-centric blockchain infrastructure for the Internet of Things. IOTX token IOTX is the native currency of the IoTeX network. As an IOTX stakeholder, you will get voting rights to participate in network governance. Anyone can stake, trade, and use IOTX to participate in the vast ecosystem of IoTeX Dapps, devices, and markets. In response to the problems existing in the Internet of Things industry, the IoTex team has made full considerations in the system design stage, and has proposed targeted optimization solutions for both privacy protection and system scalability and availability, and has made many improvements on the basis of current technical solutions (stealth addresses, ring signatures, etc.). By using blockchain technology and secure hardware, IoTeX not only solves the shortcomings of the Internet of Things in security, privacy, and interoperability, but also enables users to extract value from the data and devices they own. Through the IoTeX platform, people around the world can break free from the constraints of centralized business models and seek greater development potential in a decentralized, user-owned ecosystem. iotx is the leader in the depin track. IoTeX's mission is to build a connected world where everyone owns their own data, devices, and identity. Leveraging the power of blockchain, IoTeX will unlock the potential of smart devices/data and empower a new generation of real-world Dapps and digital assets. So it is a cryptocurrency worth investing in.
At the end of the bear market and the beginning of the bull market in 2015, the coin price broke through the average purchase price of BTC on the chain, and reached the bull peak two years and 56 days later. At the end of the bear market and the beginning of the bull market in 2019, the coin price broke through the average purchase price of BTC on the chain, and reached the bull peak two years and 13 days later. At the end of the bear market and the beginning of the bull market in 23 years, the coin price broke through the average purchase price of BTC on the chain, and it has been one year and 233 days since then. The black line in the figure is the BTC price, and the orange line is the overall average purchase price of BTC on the chain.
$Binance once again ignites the industry with Megadrop, a token launch platform that integrates Simple Earn and Web3 wallet functions. Megadrop provides users with unprecedented opportunities to gain in-depth knowledge and exposure to selected Web3 projects before they are launched. Megadrop: A new era of airdrop experience Megadrop not only simplifies the participation process, but also provides a wealth of Web3 educational resources and reward mechanisms. Users can win generous rewards by locking BNB, completing tasks, etc., while improving their understanding of Web3 technology. Four major advantages First-hand opportunity: users can get in touch with potential projects in advance and gain insight into market trends. Integrated service: From locking to reward collection, a one-stop experience. Knowledge and practice in parallel: provide educational resources and encourage practical application. Fairness and transparency: a performance-based reward mechanism ensures that every participant receives a fair return. How to participate Users need to subscribe to Simple Earn's fixed-term products and lock BNB to accumulate points. At the same time, completing Web3 tasks can increase rewards. Users without BNB can still participate, but the rewards are smaller. Latest Project: Lista (LISTA) Lista, a new project launched by Megadrop, is a liquidity system and decentralized stablecoin protocol. Users can participate in the project by staking BNB and completing Web3 tasks, and have the opportunity to receive LISTA token rewards.
As the cryptocurrency market continues to develop, investors are looking for new ways to make money. Staking, as an emerging cryptocurrency investment strategy, has attracted the attention of many investors. This article will explore the basic concepts of staking mining, how to make money through it, and related precautions. Basic Concepts of Staking Mining Staking mining is a consensus mechanism of a cryptocurrency network that allows users who hold a specific cryptocurrency to support the operation of the network by staking (locking) their tokens and receive mining rewards in return. This mechanism is common in Proof of Stake (PoS) or similar blockchain networks. How to Make Money with Staking Mining Choose the Right Network: Research and choose a blockchain network that provides staking mining services, considering factors such as the potential of the token, the security of the network, and the reward rate. Buy and Hold Tokens: Buy the required number of tokens and store them in a wallet that supports staking. Participate in Staking: Lock the tokens in the wallet for staking as required by the network. Receive Rewards Regularly: Receive mining rewards regularly based on the number of tokens staked and the network's reward mechanism. Advantages of Staking Mining Passive Income: Staking mining provides a relatively passive source of income. Network support: By staking, investors can support blockchain networks that they believe have potential. Potentially high returns: Some networks offer higher annualized returns, especially in the early stages. Risks and precautions Token price volatility: The returns from staking mining are affected by token price fluctuations, and price declines may reduce actual returns. Lock-up period restrictions: Some networks require that tokens cannot be moved for a certain period of time, which limits the liquidity of funds. Technical requirements: Participating in staking mining may require certain technical knowledge to ensure the safety of funds. Network risks: The security and stability of the network are crucial to the returns of staking mining
Using Moving Averages to Trade Cryptocurrency: Technical Analysis in Cryptocurrency Trading In the world of cryptocurrency trading, technical analysis is an important tool used by investors to predict market trends and make trading decisions. Moving Averages (MA) are one of the widely used technical indicators that reveal market trends by smoothing price data. This article will introduce how to use moving averages to guide cryptocurrency trading. Basic Concepts of Moving Averages The moving average is a trend-following indicator that shows the dynamics of prices by calculating the average price over a specific time period. Common types of moving averages are simple moving averages (SMA) and exponential moving averages (EMA). Simple Moving Average (SMA): Simply add the prices within the selected period and divide by the number of periods. Exponential Moving Average (EMA): Gives a higher weight to recent prices and is more sensitive to market changes. Trading Strategies for Moving Averages Golden Cross and Death Cross: When the short-term moving average crosses the long-term moving average from bottom to top, it is called a "golden cross" and is usually regarded as a buy signal; conversely, when the short-term moving average crosses the long-term moving average from top to bottom, it is called a "death cross" and is usually regarded as a sell signal. Trend Confirmation: Moving averages can help confirm market trends. If the price is above the moving average, it may indicate an uptrend; if the price is below the moving average, it may indicate a downtrend. Support and Resistance: Moving averages can act as potential support or resistance levels. In an uptrend, moving averages may provide support; in a downtrend, moving averages may act as resistance. Moving Average Period Selection Choosing the appropriate moving average period is critical to your trading strategy. Common period combinations include: Short-term and long-term combinations: For example, using a 5-day EMA and a 20-day SMA as trading signals. Multi-period combinations: Combine multiple moving averages of different periods to get a more comprehensive market perspective. Combine with other indicators While moving averages are powerful analytical tools, combining with other technical indicators can provide a more comprehensive market analysis: Relative Strength Index (RSI): Measures the speed of price movement and helps identify overbought or oversold conditions.
Speculating on K-line: Application of Technical Analysis in Cryptocurrency Trading In the cryptocurrency market, K-line charts are an important tool for investors to analyze market trends and make trading decisions. K-line charts, also known as candlestick charts, are a method of graphically representing price fluctuations. They can intuitively display the opening price, closing price, highest price, and lowest price within a certain time period. This article will explore how to use K-line charts to trade cryptocurrencies. Basics of K-line Charts K-line charts consist of four main parts: the body (the area between the opening price and the closing price), the upper shadow (the part from the highest price to the top of the body), and the lower shadow (the part from the bottom of the body to the lowest price). The color of the body usually indicates the rise or fall of the price: green or white usually indicates an increase, and red or black indicates a decrease. Understanding K-line Chart Patterns Single K-line: such as cross stars, hammer lines, hanging neck lines, etc., can provide signals of short-term market sentiment. Multiple K-line combinations: such as engulfing patterns, evening stars, morning stars, etc., these patterns usually indicate a reversal or continuation of the trend. The Application of K-line Charts in Cryptocurrency Trading Trend Identification: Through K-line charts, investors can identify the main trend of the market, such as an uptrend, a downtrend, or a sideways trend. Support and Resistance: K-line charts can help investors identify support and resistance levels of prices, which are potential buy or sell points. Trading Signals: Specific K-line combinations can serve as trading signals to help investors decide when to enter or exit the market. Market Sentiment: K-line charts can reflect market sentiment, such as panic selling or overbuying. Combining with Other Technical Indicators While K-line charts are powerful tools, combining with other technical indicators can improve the accuracy of trading decisions: Moving Averages: Help identify the direction and strength of trends. Relative Strength Index (RSI): Measures the speed of price changes and the magnitude of changes, helping to identify overbought or oversold conditions. Volume: Confirms the strength and possible continuation of a trend. Risk Management Risk management is crucial when trading with K-line charts: Setting Stop Losses: Set stop losses based on the support and resistance levels of the K-line charts to limit potential losses. Money Management: Allocate funds reasonably to avoid facing losses due to a single transaction.
Strategy: The Cornerstone of Trading Success An effective trading strategy is the key to success. It should include: Market Analysis: A deep understanding of market dynamics, including macroeconomic factors, industry trends, and company fundamentals. Trading Signals: Clear signals to determine when to enter and exit the market, which can be based on technical indicators, chart patterns, or fundamental analysis. Risk Assessment: Assess the potential risk of each trade and develop a corresponding risk management plan. Discipline: The Key to Executing a Strategy Lack of discipline can lead to failure even with the best strategy. Discipline means: Consistency: Follow your trading plan consistently and don't deviate because of momentary emotions or market noise. Patience: Wait for the right trading opportunity instead of rushing into action. Self-control: Avoid overtrading and control the frequency and size of transactions. Mindset: The Inner Strength of Trading Mindset plays a vital role in trading. The right mindset includes: Objectivity: Stay objective and don't let personal biases affect trading decisions. Calmness: Stay calm when the market is volatile and avoid emotional trading. Accepting losses: Recognize that losses are part of trading, learn from them and improve. Continuous learning: adapt to market changes The market is constantly changing, so continuous learning is necessary: Update knowledge: regularly learn new trading ideas, techniques and market information. Analyze the past: review past transactions to understand the reasons for success and failure. Adapt to changes: adjust your trading strategy according to market changes. Risk management: protect capital Risk management is the key to protecting investors' capital: Fund management: allocate funds reasonably to avoid excessive risk in a single transaction. Stop loss setting: set a stop loss point for each transaction to limit potential losses. Diversified investment: spread risk through a diversified investment portfolio.
Build a Complete Trading Strategy: Decisions Beyond Emotions In the financial markets, emotional decisions are often one of the main reasons for losses. Investors are often driven by greed and fear to make irrational trading decisions when the market fluctuates. Therefore, building a complete trading strategy, rather than relying on mood, is essential to achieving stable and long-term investment returns. Understand the impact of emotions on trading Emotional decisions often stem from overreaction to market fluctuations. When the market rises, investors may overbuy due to greed; when the market falls, they may sell too early due to panic. This emotional behavior often causes investors to buy high and sell low, resulting in losses. Develop a Trading Plan A complete trading strategy starts with a clear trading plan. This plan should include: Investment goals: clarify your investment goals, whether to pursue long-term growth or short-term profits. Risk management: determine the maximum loss you can afford and set stop loss points accordingly. Money management: allocate funds reasonably and avoid over-concentration of investment. Market analysis: use technical analysis and fundamental analysis to determine the timing of buying and selling. Stick to discipline After developing a trading plan, the key is to stick to it. This means: Follow the plan: Stick to your trading strategy even when the market is volatile. Evaluate regularly: Review and evaluate the effectiveness of your trading strategy regularly and adjust it according to market changes. Use tools and systems Use trading tools and systems to help you better execute your trading strategy: Automated trading: Use trading robots or algorithmic trading to execute preset trading strategies. Demo trading: Test your trading strategy in a simulated environment to evaluate its effectiveness. Continuous learning and adaptation The market is constantly changing, so continuous learning and adaptation to market changes are essential to maintaining an effective trading strategy: Market education: Continuously learn new trading knowledge and skills. Market updates: Pay attention to market news and developments to understand the factors that may affect the market. Avoid emotional decisions Recognize the impact of emotions on trading and take steps to avoid emotional decisions: Calm analysis: Conduct a calm and objective analysis before making a trading decision.
Common mistakes and risks in cryptocurrency investment 1. Lack of research Wrong practice: blindly following others or market hot spots without in-depth research on cryptocurrency projects. Risk: Investing in projects without practical applications, technical support or team background may lead to capital losses. 2. Overinvestment Wrong practice: Investing all or most of the funds in the cryptocurrency market. Risk: Market fluctuations may lead to significant losses and lack of capital liquidity. 3. Not using stop loss Wrong practice: Not setting a stop loss point when investing, allowing losses to expand. Risk: When the market suddenly falls, the loss may exceed expectations. 4. Pursuing high leverage transactions Wrong practice: Using high leverage to trade, small risks. Risk: High leverage magnifies the profit and loss ratio, and small market fluctuations may also lead to huge losses. 5. Frequent trading Wrong practice: Frequent buying and selling, trying to profit from every small fluctuation in the market. Risk: Transaction costs accumulate, and it is easy to make wrong decisions due to market fluctuations. 6. Ignoring safety measures Wrong practice: Trading on unsafe platforms or storing cryptocurrencies in unsafe wallets. Risk: Hacker attacks or platform failures may result in stolen or lost funds. 7. Being emotionally influenced Wrong practice: When the market fluctuates, being influenced by panic or greed, making irrational decisions. Risk: Emotional trading often leads to buying high and selling low, causing unnecessary losses. 8. Not complying with laws and regulations Wrong practice: Ignoring local laws and regulations and conducting illegal transactions. Risk: May face legal sanctions, including fines or imprisonment. 9. Not doing tax planning Wrong practice: Ignoring the tax issues of cryptocurrency transactions. Risk: May suffer additional financial losses due to tax issues. 10. Blindly following the trend Wrong practice: Blindly following the so-called "hot" or "next big thing". Risk: These projects may not be fully verified and there is a high risk of failure.
A Guide to Making Money in Cryptocurrency: Strategy and Risk Management
The cryptocurrency market is known for its high volatility and potential high returns, attracting the attention of many investors around the world. However, cryptocurrency investment is not easy and requires careful planning and strict risk management. Here are some basic cryptocurrency investment strategies: 1. Educate yourself Before investing, it is essential to understand the basics of cryptocurrency. Research blockchain technology, types of cryptocurrencies, market dynamics, and trading mechanics. Keep learning and updating your knowledge by reading books, taking online courses, and joining relevant forums and communities.
With the rise of blockchain technology, contract trading has become a major innovation in the financial field. Blockchain contract trading, with its transparency, decentralization and automation, provides investors with a brand new way of trading. 1. Understand the basics of blockchain Before starting any trading strategy, it is crucial to understand the basic principles of blockchain. Blockchain is a distributed ledger that records all transactions and ensures the immutability and integrity of data. Smart contracts are self-executing codes running on the blockchain, which automatically execute the terms of the contract when the preset conditions are met. 2. Choose a reliable trading platform Choosing a safe, reliable and user-friendly trading platform is the key to successful trading. The platform should provide detailed market data, trading tools and educational resources to help investors make informed decisions. 3. Risk management Risk management is the core of any trading strategy. In blockchain contract trading, this means setting stop-loss points to limit potential losses. At the same time, allocate funds reasonably to avoid investing all funds in a single contract. 4. Take advantage of smart contracts Smart contracts can automatically execute complex trading logic, such as conditional execution, time lock, etc. Investors can use these features to design trading strategies that meet their investment goals. 5. Continuous learning and adaptation Blockchain technology and market environment are constantly changing, and investors need to constantly learn new knowledge and skills to adapt to market changes. Paying attention to industry trends and understanding the latest blockchain projects and technological advances can help investors seize new trading opportunities. 6. Diversified investment Don't invest all your funds in one contract or one asset. By diversifying your investment, you can spread the risk and improve the stability of your overall portfolio. 7. Use technical analysis Technical analysis is an important tool for predicting market trends. By analyzing historical price data and trading volume, investors can identify market trends and potential trading opportunities. 8. Community and network Joining the blockchain community and communicating with other investors can gain valuable information and insights. Community members often share their trading strategies and market analysis, which is very helpful in forming your own trading strategy.
In the world of blockchain, smart contract trading strategies are not only a matter of technical implementation, but also an art that integrates financial logic, risk management and market insight. Here we discuss several practical blockchain contract trading strategies to help investors seize opportunities and optimize returns in the decentralized financial market. 1. Arbitrage strategy Use the slight price differences between different trading platforms or decentralized exchanges (DEX) to automatically execute buy and sell operations through smart contracts to achieve risk-free profits. The key is to quickly identify opportunities and execute them instantly. The automation capabilities of smart contracts have shown great advantages in this regard, which can effectively reduce transaction delays and capture rapidly changing market opportunities. 2. Stablecoin arbitrage and liquidity provision Participate in decentralized finance (DeFi) protocols, such as providing liquidity to platforms such as Uniswap and Curve, and automatically earn transaction fees and possible reward tokens through smart contracts. At the same time, use the price difference between stablecoins such as DAI and USDC between multiple pools for low-risk arbitrage. Smart contracts can continuously monitor the market, automatically adjust capital allocation, and maximize returns. 3. Automated risk management Build smart contracts with stop-loss and take-profit mechanisms, dynamically adjust investment portfolios based on market prices, and manage risks in an automated manner. For example, when the price of an asset reaches a preset threshold, the smart contract automatically executes buy and sell operations to ensure that the investment does not deviate from the predetermined risk preference and achieves rational investment. 4. Oracle-driven strategies Combined with oracle services (such as Chainlink), use real-world data to trigger smart contracts to execute specific trading instructions. For example, crop insurance payments based on weather forecast information, or automatic adjustment of cryptocurrency portfolios based on stock index changes, this strategy closely combines real-world events with blockchain transactions to create new investment opportunities. 5. Time-weighted average cost (TWAP) strategy Implement the time-weighted average cost strategy through smart contracts, buy or sell assets in batches at regular intervals, and reduce the impact of market fluctuations. This approach is particularly suitable for long-term investment, avoiding impulsive decisions due to short-term price fluctuations, and ensuring consistency and discipline in investment behavior.