August is usually a month of vacations, and we are in a fairly narrow range. Above is a table comparing the dynamics of $BTC over the past years in different months.
đ And as we see, August and September are not the best months. We started August on a negative note. therefore, it is quite possible that we will continue to see a decline in $BTC $ETH
Long-term Bitcoin holders are breaking records; there are currently 14.6 million BTC in holder wallets, which is 75% of the total Bitcoin supply. Short-term holders and speculators, on the contrary, are now holding a minimum amount of BTC.
If you havenât figured out crypto yet, itâs time to do itđ€
Almost the entire digital asset economy is based on Ethereum. About 95% of all protocol revenue in the crypto space comes from Ethereum. Every major scalability project is based on Ethereum, including every notable Layer 2 project.
It is unlikely that any project will be able to overtake Ether in the near future in terms of the volume of commissions on the network đ
The best thing to do if you're struggling with trading is to pick one strategy with clearly defined rules and trade it consistently for a week, recording a small amount of each trade!
If you last a week without breaking the rules, congratulate yourself, you are already ahead of 95% of traders! There are many strategies that work well Finding the right mindset is much more difficult, but few people practice this skill hard enough!
And control your risk. Trading is a game of probabilities. If you are wrong, find the strength to accept defeat in time. The longer you stay in a losing trade, the more money the market will take from you.
This is exactly the profit the âmost successfulâ investor received, without exaggeration, by spending 0.125 ETH ($251) on the purchase of the $PEPE token Hype? But this is not an integral part of the crypto market and ignoring meme coins today is bad form. They have long won their place in the market by creating communities that support this or that idea. For example, by creating a comic book or cartoon character. But there are also deeper ideas for projects such as charity
Twitter user DaoKwonDo shared his success story. According to him, he made millions of dollars from PEPE.
He writes: "I want to thank PEPE and the community for helping me make my dream come true. I bought PEPE for $1800 at 0.0000008 and just sold 80% of my position to buy myself a new Ferrari, new sneakers and a new cat. I have there are millions left, and I will hold them for the wealth of future generations."
Popular Korean streamer opens shorts again before rising by BTC with a liquidation price of $28,800.
The position size is $2 million. This is not the first time this has happened; the streamer has already lost several million dollars shorting BTC and each time he opened a new position.
đ The user increased his deposit 10 times using memcoins
Starting with 50 ETH, he managed to increase his bank to 480 ETH.
His strategy is to buy a coin immediately after its creation, then sell some at break-even, and keep some. It also sets high gas and approves spending tokens in advance to sell them faster.
Analysts from Lookonchain warn that he is most likely using software, and because of this there is no need to repeat these steps.
The market is an absolutely ideal reality in which everyone gets what they deserve. And while a person is not experienced, but wants more, he must and will suffer â
The best way to measure your investing success is not by outperforming the market, but by having a financial plan and behavioral discipline and sticking to it. These (plan and discipline) are most likely to get you where you want to go.
âĄïž Following the recent rise in Bitcoin prices, market participants recorded a non-trivial profit of $537 million, which was the second largest profit-taking event this yearđ„
In other businesses and sectors of the economy there are no such opportunities as in trading. Earnings there are always limited. A good restaurant can bring in an average of 2-3% of its turnover of $1 million per month. There is no particular point in making a restaurant more expensive in the regions, so business is limited. In trading, you can make transactions worth millions and billions of dollars, accompanied by any risks. Naturally, the higher the risk, the greater the profit and vice versa.