Knowledge
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#Binance #Knowledge
ASIC (Application-Specific Integrated Circuit) is a specialized hardware device that is designed to perform a specific function with maximum efficiency.In the context of cryptocurrency,ASICs are used for mining, which is the process of verifying transactions.
ASIC (Application-Specific Integrated Circuit) is a specialized hardware device that is designed to perform a specific function with maximum efficiency.In the context of cryptocurrency,ASICs are used for mining, which is the process of verifying transactions.
⚠️Here’s a secret I wish I knew sooner⚠️
1. Community solely around ideas is overrated.
2. Community around idea’s AND available resources is underrated.
3. Community around ideas AND available resources AND ability to execute is the Gold Standard.
Choose wisely.
#etf #CryptoAdvice #Knowledge #cryptolearning $BTC $ETH $XRP
#tothemoon 🚀🌕
1. Community solely around ideas is overrated.
2. Community around idea’s AND available resources is underrated.
3. Community around ideas AND available resources AND ability to execute is the Gold Standard.
Choose wisely.
#etf #CryptoAdvice #Knowledge #cryptolearning $BTC $ETH $XRP
#tothemoon 🚀🌕
some things you must know
4. Binance Coin (BNB)
Market cap: $79.2 billion
Binance Coin (BNB) is a form of cryptocurrency that you can use to trade and pay fees on Binance, one of the largest crypto exchanges in the world. Since its launch in 2017, Binance Coin has expanded past merely facilitating trades on Binance’s exchange platform. Now, it can be used for trading, payment processing or even booking travel arrangements. It can also be traded or exchanged for other forms of cryptocurrency, such as Ethereum or Bitcoin.
BNB’s price in 2017 was just $0.10. By late March 2024, its price had risen to around $530, a gain of 529,400%.
$BNB
#Write2Earn #Knowledge #TipOfTheDay #HotTrends #cpi
4. Binance Coin (BNB)
Market cap: $79.2 billion
Binance Coin (BNB) is a form of cryptocurrency that you can use to trade and pay fees on Binance, one of the largest crypto exchanges in the world. Since its launch in 2017, Binance Coin has expanded past merely facilitating trades on Binance’s exchange platform. Now, it can be used for trading, payment processing or even booking travel arrangements. It can also be traded or exchanged for other forms of cryptocurrency, such as Ethereum or Bitcoin.
BNB’s price in 2017 was just $0.10. By late March 2024, its price had risen to around $530, a gain of 529,400%.
$BNB
#Write2Earn #Knowledge #TipOfTheDay #HotTrends #cpi
Filter the information, dont agree to disagree.
A post stating "A highley regarded crypto analyst" or a post showing you a chart with direction movement.
Is a waste of time if you dont know or understand how to filter out the good and useless information.
A wise man once said.....
“Give a man a fish, and you feed him for a day; teach a man to fish and you feed him for a lifetime.”
Learn the various trading methods, spot, grid and future.
#Knowledge #KnowledgeIsEveryThing #BinanceAcademy
$BTC $ETH $SOL
A post stating "A highley regarded crypto analyst" or a post showing you a chart with direction movement.
Is a waste of time if you dont know or understand how to filter out the good and useless information.
A wise man once said.....
“Give a man a fish, and you feed him for a day; teach a man to fish and you feed him for a lifetime.”
Learn the various trading methods, spot, grid and future.
#Knowledge #KnowledgeIsEveryThing #BinanceAcademy
$BTC $ETH $SOL
Ethereum VS. Solana: SOL or ETH in 2024?! Who is the best?
In the ever-evolving landscape of cryptocurrencies, Ethereum and Solana stand out as two heavy contenders competing for dominance. As we dive into the comparison between these two projects, it is essential to acknowledge that this analysis is not meant to be financial advice, but rather to provide educational insight into the potential of Ethereum (ETH) and Solana (SOL) in 2024.
Round 1: Founders and Funding
Ethereum, a pioneer in smart contract technology, was founded in 2013 by computer science student Vitalik Buterin. With eight co-founders including notable names like Gavin Wood and Charles Hoskinson, Ethereum's journey began with an ICO in 2014, raising approximately $18 million. Ongoing development is overseen by the Ethereum Foundation, a Swiss non-profit.
On the other hand, Solana, a smart contract platform founded in 2017 by former Qualcomm engineer Anatoly Yakovenko, entered the scene with a unique focus on speed and decentralization. Solana Labs and the Solana Foundation coordinated its development, raising approximately $25 million in various ICOs in 2018–2020, and an additional $314 million in 2021.
Winner (Round 1): Ethereum
Round 2: Technology
Ethereum uses a proof-of-stake blockchain with a consensus mechanism called Ghost, currently processing approximately 30 transactions per second with a latency of 13 minutes. With approximately 900,000 validators, Ethereum's strength lies in its security and decentralization.
Solana uses a proof-of-stake blockchain with proof-of-history technology, capable of processing 2–3,000 transactions per second with a 12-second latency, theoretically scalable to 65,000 TPS. Solana's focus on speed comes at the expense of decentralization, with only less than 2,000 validators.
Winner (Round 2): Solana
Round 3: Tokenomics and Price
Ethereum's native cryptocurrency, ETH, had an initial supply of 72 million, with no maximum supply. With an inflation rate of around 0.5%, the deflationary nature of ETH is driven by burning transaction fees. ETH has seen remarkable growth, rising more than 7,000 times from its ICO price.
Solana's native coin, SOL, started with a supply of 500 million, which was distributed to investors, the team, and the foundation. The SOL's inflation rate is about 6.5%, which will decline to 2% by the end of the decade. Despite its aggressive vesting program, SOL has experienced gains of 500x its ICO price.
Winner (Round 3): Ethereum
Round 4: Adoption
Ethereum has over 15 million downloads of the MetaMask wallet, nearly 400,000 active users, and nearly $30 billion in total value locked in DeFi. With approximately 6,000 developers, Ethereum has a significant presence in the crypto sector.
Solana's Fantom wallet has over 2 million downloads, nearly 1 million monthly active users, and the total value locked in DeFi is just under $1.5 billion. While Solana has shown rapid growth, Ethereum remains the leader in adoption.
Winner (Round 4): Ethereum
Round 5: Challenges
Ethereum faces challenges such as fragmentation due to high transaction fees, security concerns, and increasing competition from other blockchains. On the other hand, Solana struggles with regulatory uncertainties, security issues, and competition from potential “Solana killers” like Avalanche and Serum.
Winner (Round 5): Tie
Conclusion
As we reach the end of this crypto showdown, Ethereum and Solana both display unique strengths and face different challenges. Ethereum stands out in its established history, widespread adoption, and commitment to decentralization and security. Meanwhile, Solana shines with its remarkable speed, scalability, and substantial profit potential.
The ultimate winner depends on personal preferences – whether one values the strength of Ethereum's ecosystem or Solana's growth potential and speed. As always, investing in cryptocurrencies requires careful consideration and thorough research. In this dynamic and rapidly evolving space it is wise to diversify and stay informed
#crypto #etherium #Solana-SOL #Competitions #Knowledge
Round 1: Founders and Funding
Ethereum, a pioneer in smart contract technology, was founded in 2013 by computer science student Vitalik Buterin. With eight co-founders including notable names like Gavin Wood and Charles Hoskinson, Ethereum's journey began with an ICO in 2014, raising approximately $18 million. Ongoing development is overseen by the Ethereum Foundation, a Swiss non-profit.
On the other hand, Solana, a smart contract platform founded in 2017 by former Qualcomm engineer Anatoly Yakovenko, entered the scene with a unique focus on speed and decentralization. Solana Labs and the Solana Foundation coordinated its development, raising approximately $25 million in various ICOs in 2018–2020, and an additional $314 million in 2021.
Winner (Round 1): Ethereum
Round 2: Technology
Ethereum uses a proof-of-stake blockchain with a consensus mechanism called Ghost, currently processing approximately 30 transactions per second with a latency of 13 minutes. With approximately 900,000 validators, Ethereum's strength lies in its security and decentralization.
Solana uses a proof-of-stake blockchain with proof-of-history technology, capable of processing 2–3,000 transactions per second with a 12-second latency, theoretically scalable to 65,000 TPS. Solana's focus on speed comes at the expense of decentralization, with only less than 2,000 validators.
Winner (Round 2): Solana
Round 3: Tokenomics and Price
Ethereum's native cryptocurrency, ETH, had an initial supply of 72 million, with no maximum supply. With an inflation rate of around 0.5%, the deflationary nature of ETH is driven by burning transaction fees. ETH has seen remarkable growth, rising more than 7,000 times from its ICO price.
Solana's native coin, SOL, started with a supply of 500 million, which was distributed to investors, the team, and the foundation. The SOL's inflation rate is about 6.5%, which will decline to 2% by the end of the decade. Despite its aggressive vesting program, SOL has experienced gains of 500x its ICO price.
Winner (Round 3): Ethereum
Round 4: Adoption
Ethereum has over 15 million downloads of the MetaMask wallet, nearly 400,000 active users, and nearly $30 billion in total value locked in DeFi. With approximately 6,000 developers, Ethereum has a significant presence in the crypto sector.
Solana's Fantom wallet has over 2 million downloads, nearly 1 million monthly active users, and the total value locked in DeFi is just under $1.5 billion. While Solana has shown rapid growth, Ethereum remains the leader in adoption.
Winner (Round 4): Ethereum
Round 5: Challenges
Ethereum faces challenges such as fragmentation due to high transaction fees, security concerns, and increasing competition from other blockchains. On the other hand, Solana struggles with regulatory uncertainties, security issues, and competition from potential “Solana killers” like Avalanche and Serum.
Winner (Round 5): Tie
Conclusion
As we reach the end of this crypto showdown, Ethereum and Solana both display unique strengths and face different challenges. Ethereum stands out in its established history, widespread adoption, and commitment to decentralization and security. Meanwhile, Solana shines with its remarkable speed, scalability, and substantial profit potential.
The ultimate winner depends on personal preferences – whether one values the strength of Ethereum's ecosystem or Solana's growth potential and speed. As always, investing in cryptocurrencies requires careful consideration and thorough research. In this dynamic and rapidly evolving space it is wise to diversify and stay informed
#crypto #etherium #Solana-SOL #Competitions #Knowledge
All those charts and yet you wonder what are they trying to show me?
Google search EMA, SMA and MA.
Dont feel like reading the information, there are alot of youtube videos with information for you to use to your advantage.
Put that headphone on watch that video on the train or bus back home... cause the next train is not going to pass you by.
$BTC $ETH $SOL
#babysteps #Educate #KnowledgeSharing #KnowledgeIsEveryThing #Knowledge
Google search EMA, SMA and MA.
Dont feel like reading the information, there are alot of youtube videos with information for you to use to your advantage.
Put that headphone on watch that video on the train or bus back home... cause the next train is not going to pass you by.
$BTC $ETH $SOL
#babysteps #Educate #KnowledgeSharing #KnowledgeIsEveryThing #Knowledge
Let me share something that I believe every new trader should avoid if they want to be successful in the long term.
The fear of missing out (FOMO) and herd mentality are powerful psychological factors affecting crypto trading. FOMO drives traders to buy at inflated prices during rapid market rises, while the herd mentality causes panic selling during downturns, worsening volatility.
To counteract these influences, traders should stick to their strategies, conduct thorough research, and implement risk management techniques to make informed decisions despite emotional impulses.
The earlier in your trading journey you implement this the earlier you will be able to make better decisions.
Share if you enjoy my content 🙏
#Knowledge #LearnAndGrow #smartinvestor $ARB $APT $SOL
The fear of missing out (FOMO) and herd mentality are powerful psychological factors affecting crypto trading. FOMO drives traders to buy at inflated prices during rapid market rises, while the herd mentality causes panic selling during downturns, worsening volatility.
To counteract these influences, traders should stick to their strategies, conduct thorough research, and implement risk management techniques to make informed decisions despite emotional impulses.
The earlier in your trading journey you implement this the earlier you will be able to make better decisions.
Share if you enjoy my content 🙏
#Knowledge #LearnAndGrow #smartinvestor $ARB $APT $SOL
Investing in a #cryptocurreny is not a one-day job folks. It is an investment mindset backed up with #Knowledge and continuous #learning routine that you should build yourself. Be patient and don’t let others fool you of becoming a millionaire in 24 hours.
My opinion based on deep analytics, if you wanna become a 100x of your today is to hold your $BTC (unless you need the money 😉) as it is going to be your pay day sooner than you can even imagine,if and only if you stayed calm and hold it strong. #HodlStrong #HODL"
My opinion based on deep analytics, if you wanna become a 100x of your today is to hold your $BTC (unless you need the money 😉) as it is going to be your pay day sooner than you can even imagine,if and only if you stayed calm and hold it strong. #HodlStrong #HODL"
Think for a minute before you start believing all the content published, look at the post timeline, roll back in the charts and see the correlation, what is published does not necessarily serve your interest. Bulls or Bears everyone has a motive. When you decide to make a move make a move on your own analysis, and if you must trust a source back test their analysis to see if it matches. we are too quick to jump on the bus. The only person accountable is yourself. #learn2earn #analyse #Knowledge
$BTC $SOL $ETH Here are some general tips for trading:
1. Educate Yourself: Learn as much as you can about the financial markets, trading strategies, and the assets you're interested in trading.
2. Develop a Trading Plan: Define your goals, risk tolerance, and trading strategy before you start trading. Stick to your plan and avoid making impulsive decisions.
3. Start Small: Begin with a small amount of capital and gradually increase your investment as you gain experience and confidence.
4. Diversify Your Portfolio: Spread your investments across different assets to reduce risk. Diversification can help mitigate losses in case one asset performs poorly.
5. Use Stop Loss Orders: Set stop loss orders to limit your losses and protect your capital in case the market moves against you.
6. Manage Risk: Only risk an amount of money that you can afford to lose. Avoid investing more than you can afford to lose in a single trade.
7. Stay Informed: Stay up-to-date with market news, economic indicators, and events that may impact the assets you're trading.
8. Control Your Emotions: Emotions like fear and greed can cloud your judgment and lead to irrational decisions. Stay disciplined and stick to your trading plan.
9. Practice Patience: Trading can be volatile, and it's essential to be patient and wait for the right opportunities to enter and exit trades.
10. Continuously Learn and Adapt: The financial markets are constantly evolving, so it's crucial to keep learning and adapting your trading strategy accordingly.
Remember that trading carries risks, and there are no guarantees of profits. Always do your own research and consider seeking advice from a financial professional before making trading decisions.
#BullorBear #BinanceLaunchpool #Knowledge
#SAGALAUNCHPOOL #Wormholecoin
1. Educate Yourself: Learn as much as you can about the financial markets, trading strategies, and the assets you're interested in trading.
2. Develop a Trading Plan: Define your goals, risk tolerance, and trading strategy before you start trading. Stick to your plan and avoid making impulsive decisions.
3. Start Small: Begin with a small amount of capital and gradually increase your investment as you gain experience and confidence.
4. Diversify Your Portfolio: Spread your investments across different assets to reduce risk. Diversification can help mitigate losses in case one asset performs poorly.
5. Use Stop Loss Orders: Set stop loss orders to limit your losses and protect your capital in case the market moves against you.
6. Manage Risk: Only risk an amount of money that you can afford to lose. Avoid investing more than you can afford to lose in a single trade.
7. Stay Informed: Stay up-to-date with market news, economic indicators, and events that may impact the assets you're trading.
8. Control Your Emotions: Emotions like fear and greed can cloud your judgment and lead to irrational decisions. Stay disciplined and stick to your trading plan.
9. Practice Patience: Trading can be volatile, and it's essential to be patient and wait for the right opportunities to enter and exit trades.
10. Continuously Learn and Adapt: The financial markets are constantly evolving, so it's crucial to keep learning and adapting your trading strategy accordingly.
Remember that trading carries risks, and there are no guarantees of profits. Always do your own research and consider seeking advice from a financial professional before making trading decisions.
#BullorBear #BinanceLaunchpool #Knowledge
#SAGALAUNCHPOOL #Wormholecoin
#Knowledge #holdortrade
Whether to hold or trade cryptocurrency depends on your investment strategy and goals. Holding (long-term investing) can be less stressful and may benefit from potential long-term growth, while trading (short-term buying and selling) requires active management and market monitoring. Consider your risk tolerance, time commitment, and market knowledge when deciding which approach aligns better with your financial objectives.
Whether to hold or trade cryptocurrency depends on your investment strategy and goals. Holding (long-term investing) can be less stressful and may benefit from potential long-term growth, while trading (short-term buying and selling) requires active management and market monitoring. Consider your risk tolerance, time commitment, and market knowledge when deciding which approach aligns better with your financial objectives.
So you think you understand everything now that you have read and saw online, do you start trading your strategies with your money?
Lookup "Backtest" your strategies, its free and unlimited till you understand what you are doing wrong.
A free lesson can be reset, but money gone cannot be replenished. #babysteps #Backtesting #Knowledge
Lookup "Backtest" your strategies, its free and unlimited till you understand what you are doing wrong.
A free lesson can be reset, but money gone cannot be replenished. #babysteps #Backtesting #Knowledge
PUT YOUR MONEY TO WORK!!
I’ve seen a lot of posts where people are looking to make more money. I cannot hand you guys a silver platter. You need to put in the effort and try yourself. A few things that have worked to help build additional/passive income:
1. Binance Earn:
Putting your money to work. Earning daily rewards on locking your coins/assets. You will be rewarded and natually increase asset quantity.
2. Binance Launchpool:
This is where you get a hold of BNB with your unused USDT. Stake it for the upcoming projects. Like $ALT and you get rewarded with the project tokens for doing so. Once you receive them you can cash out and earn additionally. (plenty of tokens were awarded from Launchpool that have hit BIG as well)
Plenty of other ways but stop asking for handouts. Sure, pick on tips and tricks. Learn from people actually teaching and stop following bull**it scams and losing money.
Learn, learn and LEARN!!
You’re welcome! 🫡
#TradeandTell #Advice #Knowledge #learntoearn
I’ve seen a lot of posts where people are looking to make more money. I cannot hand you guys a silver platter. You need to put in the effort and try yourself. A few things that have worked to help build additional/passive income:
1. Binance Earn:
Putting your money to work. Earning daily rewards on locking your coins/assets. You will be rewarded and natually increase asset quantity.
2. Binance Launchpool:
This is where you get a hold of BNB with your unused USDT. Stake it for the upcoming projects. Like $ALT and you get rewarded with the project tokens for doing so. Once you receive them you can cash out and earn additionally. (plenty of tokens were awarded from Launchpool that have hit BIG as well)
Plenty of other ways but stop asking for handouts. Sure, pick on tips and tricks. Learn from people actually teaching and stop following bull**it scams and losing money.
Learn, learn and LEARN!!
You’re welcome! 🫡
#TradeandTell #Advice #Knowledge #learntoearn
5 Rules In Trading to become Successful Trader 💯*
√1) #Discipline
√2) #Faith
√3) #Patience
√4) #MoneyManagement
√5) #Knowledge
Join Us
√1) #Discipline
√2) #Faith
√3) #Patience
√4) #MoneyManagement
√5) #Knowledge
Join Us
Did You Know,
#ElliottWaveTheory
#elliotwave
@Mr_Master
The Elliott Wave Theory is a concept in technical analysis used to analyze financial market cycles and forecast future price movements. Here's a simple explanation:
Basic Concept: The theory proposes that market price movements follow repetitive patterns, known as waves, which are influenced by investor psychology and crowd behavior.
Five-Wave Structure: According to Elliott Wave Theory, market cycles consist of impulsive and corrective waves.
Impulsive waves: Move in the direction of the larger trend and are composed of five smaller waves labeled as 1, 2, 3, 4, and 5.
Corrective waves: Move against the larger trend and are composed of three smaller waves labeled as A, B, and C.
Three Rules for Impulsive Waves:
Wave 2 cannot retrace more than 100% of wave 1.
Wave 3 cannot be the shortest of waves 1, 3, and 5.
Wave 4 cannot overlap with the price territory of wave 1.
Wave Interpretation:
Waves 1, 3, and 5 represent the direction of the primary trend (upward or downward).
Waves 2 and 4 are corrective waves that provide opportunities for market participants to enter positions in the direction of the larger trend.
Corrective Waves:
Corrective waves (A, B, and C) retrace a portion of the preceding impulsive wave.
They provide a temporary pause or counter-trend movement within the larger trend.
° Traders and analysts use Elliott Wave Theory to identify potential entry and exit points in the market, determine price targets, and assess the overall market trend.
Follow Us to Get more Knowledge
@Mr_Master
#Knowledge
#fundermental
#ElliottWaveTheory
#elliotwave
@Mr_Master
The Elliott Wave Theory is a concept in technical analysis used to analyze financial market cycles and forecast future price movements. Here's a simple explanation:
Basic Concept: The theory proposes that market price movements follow repetitive patterns, known as waves, which are influenced by investor psychology and crowd behavior.
Five-Wave Structure: According to Elliott Wave Theory, market cycles consist of impulsive and corrective waves.
Impulsive waves: Move in the direction of the larger trend and are composed of five smaller waves labeled as 1, 2, 3, 4, and 5.
Corrective waves: Move against the larger trend and are composed of three smaller waves labeled as A, B, and C.
Three Rules for Impulsive Waves:
Wave 2 cannot retrace more than 100% of wave 1.
Wave 3 cannot be the shortest of waves 1, 3, and 5.
Wave 4 cannot overlap with the price territory of wave 1.
Wave Interpretation:
Waves 1, 3, and 5 represent the direction of the primary trend (upward or downward).
Waves 2 and 4 are corrective waves that provide opportunities for market participants to enter positions in the direction of the larger trend.
Corrective Waves:
Corrective waves (A, B, and C) retrace a portion of the preceding impulsive wave.
They provide a temporary pause or counter-trend movement within the larger trend.
° Traders and analysts use Elliott Wave Theory to identify potential entry and exit points in the market, determine price targets, and assess the overall market trend.
Follow Us to Get more Knowledge
@Mr_Master
#Knowledge
#fundermental
The Evolution of Cryptocurrency: Navigating the Future Landscape
Cryptocurrency is poised for a transformative journey ahead.
As technology advances and mainstream adoption grows, cryptocurrencies are likely to become more integrated into everyday financial systems.
Decentralized finance (DeFi) may play a pivotal role, offering innovative financial services without traditional intermediaries.
However, regulatory developments will significantly influence the trajectory, shaping a dynamic future for the crypto space.
Investors and enthusiasts alike should stay vigilant, adapting to the evolving landscape for a sustainable and secure crypto future.
Please follow and support us, For Free Education Cause
#FutureWealth" #cryptocurrecny #Knowledge
Cryptocurrency is poised for a transformative journey ahead.
As technology advances and mainstream adoption grows, cryptocurrencies are likely to become more integrated into everyday financial systems.
Decentralized finance (DeFi) may play a pivotal role, offering innovative financial services without traditional intermediaries.
However, regulatory developments will significantly influence the trajectory, shaping a dynamic future for the crypto space.
Investors and enthusiasts alike should stay vigilant, adapting to the evolving landscape for a sustainable and secure crypto future.
Please follow and support us, For Free Education Cause
#FutureWealth" #cryptocurrecny #Knowledge
some things you must know
5. Solana (SOL)
Market cap: $67.0 billion
Developed to help power decentralized finance (DeFi) uses, decentralized apps (DApps) and smart contracts, Solana runs on a unique hybrid proof-of-stake and proof-of-history mechanisms to process transactions quickly and securely. SOL, Solana’s native token, powers the platform.
When it launched in 2020, SOL’s price started at $0.77. By late March 2024, its price was around $151.15, a gain of 19,530%.
$SOL
#Write2Earn #TipOfTheDay #Knowledge #Solana🚀 #sol
5. Solana (SOL)
Market cap: $67.0 billion
Developed to help power decentralized finance (DeFi) uses, decentralized apps (DApps) and smart contracts, Solana runs on a unique hybrid proof-of-stake and proof-of-history mechanisms to process transactions quickly and securely. SOL, Solana’s native token, powers the platform.
When it launched in 2020, SOL’s price started at $0.77. By late March 2024, its price was around $151.15, a gain of 19,530%.
$SOL
#Write2Earn #TipOfTheDay #Knowledge #Solana🚀 #sol