[Bank of Korea: More than 30% of Koreans hold cryptocurrencies]
On December 27, the Bank of Korea released a report based on the number of investors with accounts on five major Korean exchanges, including Upbit, Bithumb, Coin One, Cobit and Gopax, saying that as of November this year, the number of people holding cryptocurrencies on Korean exchanges exceeded 15.59 million, an increase of 610,000 from 14.98 million in October. Currently, the total population of South Korea is expected to be around 51.23 million. This means that the number of people holding cryptocurrencies is equivalent to more than 30% of the total population. The report said that the number of cryptocurrency investors in South Korea has been rising, and it soared in November. This may be the result of highly optimistic market sentiment after US President-elect Trump won the election in early November.
Otherwise, it is said that Koreans are fierce. The internal volume in South Korea is increasing, and the currency circle may be one of the few opportunities. Do you think there are 10 million people holding coins in the country? $ME #韩国
There are some people in the square who really aren't good people They specifically write articles to persuade others to open high-leverage contracts. Some newbies work hard to earn money for years, and some even borrow money to do it, only to lose it all in one night. I really don't understand, just for that little bit of rebate fee, they've lost all their dignity. I tend to be extreme; I advise people to open high-leverage contracts, then provide take-profit and stop-loss levels, and even a random entry price, all of which are heinous and unforgivable bad people. For example: ex: 05873502077 Enter between 96200-96300 at 20x Take profit at 98352 Stop loss at 95968 91956390192 If you see posts like the ones above, just blacklist them, don't linger. If you are still foolish enough to believe this, going to the comments area every day to beg someone to take you along, and even pay to join their membership group, then you truly have no brains and deserve to lose all your money. Use your brain a bit, don't be foolish. If you have any questions, you can directly ask in my comments section, or if you encounter uncertain information, need tools, or have questions about what's on-chain, just ask in my comments section. If you have extra money, I can recommend a few people to you and give you some financial advice; just don't get tricked into opening high-leverage positions.
$JUP Shorting starts now! Anyway, I've hedged my short position at 1x. According to the airdrop plan, I'll receive in January, and I can get approximately 12,000 coins. So happy!
#加密市场回调 #比特币战略储备 Why am I telling everyone this? Because it could very likely affect your trading decisions!!! If you don't understand, you must take a few minutes to look! L1 (Layer 1) L1 is very clear to everyone; this is a public chain, such as BTC, ETH, SOL, SUI, etc. Although few have survived now, 80% of the coins you hold are on these public chains. So sometimes when choosing to hold a certain coin, you should understand whether the project's coin has developmental potential, because it is almost impossible for a coin with a market cap of 2 billion to appear on a public chain, whereas on a chain with a market cap of 100 billion, it is easy for such a project to emerge. So first clarify which chain your coin is actually on to better assess its potential value.
Liquidity Liquidity refers to the ability of an asset to be quickly bought, sold, or converted into cash without affecting its market price. Liquid assets are usually actively traded and easy to buy and sell. Assets with low liquidity may take longer or require a larger price discount to trade (the so-called excessive slippage and wear and tear are mainly caused by this). 1. Trading liquidity: How easy it is to buy and sell a cryptocurrency on an exchange. For example, Bitcoin and Ethereum have high liquidity due to their large market demand and high trading volume. Newly issued small currencies may have low liquidity due to low demand.
Say thank you! $SUI There are also articles about callbacks and bottom-fishing
重构未来-xiaomo
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Sui ecosystem explosion, a rising star in the blockchain field
#加密用户突破1800万 In the rapid development wave of the blockchain market, #sui链 (SUI) is becoming the next star project with its unique technological innovation and outstanding ecological construction capabilities. As a brand new Layer 1 public chain, Sui not only possesses strong performance and technological advantages but also attracts a large influx of ecological projects, which may bring ultra-high liquidity, becoming a new high ground for market funds. Core highlights of Sui: Technology-driven disruptive innovation 1. High performance and low latency: Sui significantly enhances on-chain transaction efficiency through parallel transaction processing, capable of handling hundreds of thousands of transactions per second, solving the performance bottleneck problem in the blockchain ecosystem. At the same time, its millisecond-level transaction confirmation time provides users with an unparalleled smooth experience, particularly prominent in high-frequency application scenarios such as DeFi and GameFi.
If you read my article yesterday, I believe you would have gained quite a bit. In fact, the market still needs to continue to decline to digest the massive short-selling.
重构未来-xiaomo
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Jupiter's massive airdrop is about to be released, and the market faces serious selling pressure!
$JUP #Jupiter #币安Alpha项目公布 Jupiter (JUP) has become a hot topic in the market due to its large community, but many CEX investors and newcomers have not paid attention to the upcoming massive token airdrop release. Over time, more and more signs indicate that this event will not push JUP's price up, but may instead trigger severe market selling pressure and price crashes. For participants, this may be a crisis that requires extreme caution, rather than an opportunity. Core risks of airdrop releases 1. Massive releases lead to severe supply-demand imbalance
$USUAL The market value of stablecoin projects is not limited to this; most emerging stablecoin projects have already exceeded an annualized yield of 50%. The market is larger than we can imagine. Stablecoin projects have been the only consistently profitable projects in the cryptocurrency space over the years. That's all I have to say; see you on the mountaintop another day!
#加密市场回调 #市场调整後的机会? The volatility of the crypto market is strong, and hidden within each drop are opportunities leading to wealth peaks. Smart investors can always seize opportunities when others panic because history has repeatedly proven: every market drop is the starting point of the next round of surges! Why is every drop a great opportunity to buy the dip? 1. Low prices created by panic - the natural law of capital seeking profit When the market drops, most people panic and sell, leading to a severe undervaluation of quality assets. But this is precisely the time for major funds to accumulate: when market sentiment warms up, these assets will rise at a faster pace!
Sui ecosystem explosion, a rising star in the blockchain field
#加密用户突破1800万 In the rapid development wave of the blockchain market, #sui链 (SUI) is becoming the next star project with its unique technological innovation and outstanding ecological construction capabilities. As a brand new Layer 1 public chain, Sui not only possesses strong performance and technological advantages but also attracts a large influx of ecological projects, which may bring ultra-high liquidity, becoming a new high ground for market funds. Core highlights of Sui: Technology-driven disruptive innovation 1. High performance and low latency: Sui significantly enhances on-chain transaction efficiency through parallel transaction processing, capable of handling hundreds of thousands of transactions per second, solving the performance bottleneck problem in the blockchain ecosystem. At the same time, its millisecond-level transaction confirmation time provides users with an unparalleled smooth experience, particularly prominent in high-frequency application scenarios such as DeFi and GameFi.
Jupiter's massive airdrop is about to be released, and the market faces serious selling pressure!
$JUP #Jupiter #币安Alpha项目公布 Jupiter (JUP) has become a hot topic in the market due to its large community, but many CEX investors and newcomers have not paid attention to the upcoming massive token airdrop release. Over time, more and more signs indicate that this event will not push JUP's price up, but may instead trigger severe market selling pressure and price crashes. For participants, this may be a crisis that requires extreme caution, rather than an opportunity. Core risks of airdrop releases 1. Massive releases lead to severe supply-demand imbalance
#BTC☀ If you are a firm believer in decentralization, it is recommended to memorize the following text! (Just for fun) BTC is about to explode! The next round of wealth opportunities cannot be missed! Dear friends, are you still on the sidelines? Have you missed opportunity after opportunity for financial freedom? Don't worry, now, an unprecedented opportunity is in front of you—Bitcoin (BTC) is about to experience an epic explosion! 1. Why must BTC rise? Institutions are entering the market madly: Recent data shows that several top global institutions are hoarding Bitcoin on a large scale. Wall Street and major hedge funds have already positioned themselves; are you still going to stand by?
#PENGU开盘 #BTC再创新高 Although I am very bearish, I have gradually drawn everyone's attention to NFT. NFT can be said to be a centipede that is still alive even after death. Although the heyday of NFT has already left the market in early summer, Pengu has also found a new way out for some top NFTs, issuing coins and cashing out, which may bring some better heat to the NFT market. By then... maybe my $ME can also be untied. Let me say it again, bearish on Pengu.
$PENGU I think this price is too high. I have been waiting in the pool for half a day, but I didn’t expect it to be ten times higher than expected. This is terrible. Do you know how terrible the effect of this NFT is? One is enough to recover the cost of NFT. A huge army of sellers is certain. I originally planned to put a price of about 0.005 in the pool, but it was a pity that I worked in vain. Now I can try the low-multiple rolling strategy. I think the market value of 1 billion is suitable for the value of this token. Bearish is just for a more valuable buying price.