LIVENongthang
@Nongthang
Step foot in crypto world since 2018
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#Trading Bitcoin with the goal of minimizing losses requires a disciplined approach and adherence to several basic rules:
Risk Management: Only invest what you can afford to lose. Set a maximum amount of capital you are willing to risk on each trade, and stick to it. Avoid risking large portions of your portfolio on single trades.
Diversification: Don't put all your eggs in one basket. Diversify your investment across different assets to spread risk. This can help mitigate losses if one asset performs poorly.
Set Stop-Loss Orders: Use stop-loss orders to limit potential losses on a trade. Set stop-loss levels based on your risk tolerance and the volatility of the market. This helps prevent emotional decision-making and limits downside exposure.
Technical Analysis: Learn basic technical analysis techniques to identify trends, support and resistance levels, and potential entry and exit points. Understanding chart patterns and indicators can help you make more informed trading decisions.
Fundamental Analysis: Stay informed about fundamental factors that can impact Bitcoin's price, such as regulatory developments, adoption trends, macroeconomic factors, and technological advancements. This can help you anticipate market movements and adjust your trading strategy accordingly.
Stay Calm and Emotionally Detached: Emotions can cloud judgment and lead to impulsive decisions. Avoid making trades based on fear, greed, or FOMO (fear of missing out). Stick to your trading plan and remain disciplined, even during periods of market volatility.
Continuous Learning: The cryptocurrency market is constantly evolving, so stay informed and continuously educate yourself about Bitcoin and trading strategies. Stay updated on market news, trends, and developments to adapt your trading approach accordingly.
Practice Patience: Successful trading requires patience and discipline. Don't rush into trades or try to time the market perfectly. Wait for clear signals and confirmation before entering or exiting positions.
Risk Management: Only invest what you can afford to lose. Set a maximum amount of capital you are willing to risk on each trade, and stick to it. Avoid risking large portions of your portfolio on single trades.
Diversification: Don't put all your eggs in one basket. Diversify your investment across different assets to spread risk. This can help mitigate losses if one asset performs poorly.
Set Stop-Loss Orders: Use stop-loss orders to limit potential losses on a trade. Set stop-loss levels based on your risk tolerance and the volatility of the market. This helps prevent emotional decision-making and limits downside exposure.
Technical Analysis: Learn basic technical analysis techniques to identify trends, support and resistance levels, and potential entry and exit points. Understanding chart patterns and indicators can help you make more informed trading decisions.
Fundamental Analysis: Stay informed about fundamental factors that can impact Bitcoin's price, such as regulatory developments, adoption trends, macroeconomic factors, and technological advancements. This can help you anticipate market movements and adjust your trading strategy accordingly.
Stay Calm and Emotionally Detached: Emotions can cloud judgment and lead to impulsive decisions. Avoid making trades based on fear, greed, or FOMO (fear of missing out). Stick to your trading plan and remain disciplined, even during periods of market volatility.
Continuous Learning: The cryptocurrency market is constantly evolving, so stay informed and continuously educate yourself about Bitcoin and trading strategies. Stay updated on market news, trends, and developments to adapt your trading approach accordingly.
Practice Patience: Successful trading requires patience and discipline. Don't rush into trades or try to time the market perfectly. Wait for clear signals and confirmation before entering or exiting positions.
Rule no. 01: Target should be 0.5% to a maximum of 1% everyday.
Rule no. 02: Always use stop loss (SL)
Rule no. 03: Never change the SL value if once set.
Rule no. 03: Don't over trade, if you hit SL 2 times in a day, stop trading for that day because you have tomorrow also.
If you want to know SL percentage let me know in the comments.
Rule no. 02: Always use stop loss (SL)
Rule no. 03: Never change the SL value if once set.
Rule no. 03: Don't over trade, if you hit SL 2 times in a day, stop trading for that day because you have tomorrow also.
If you want to know SL percentage let me know in the comments.
#Privacy Coins Monero, Zcash, Horizen 'At Risk' of Delisting by Binance#
Binance has flagged several privacy coins with a "monitoring tag" indicating that they are at risk of being delisted from its platform.
Privacy Coins Monero, Zcash, Horizen 'At Risk' of Delisting by Binance.
Crypto exchange Binance has added a "monitoring tag" to a list of cryptocurrencies including privacy (XMR), (ZEC), (ZEN) and (FIRO).
In an announcement, Binance said that tokens with the monitoring tag "exhibit notably higher volatility and risks compared to other listed tokens," and are "at risk of no longer meeting our listing criteria" and being delisted from the exchange.
It added that tokens with the monitoring tag are subject to regular reviews. Criteria considered during its reviews include trading volume and liquidity, network stability and security, and "contribution to a healthy and sustainable crypto ecosystem," as well as "responsiveness to our periodic due diligence requests."
In order to trade tokens marked with the monitoring tag, users are required to pass a quiz to ensure they are "aware of the risks," Binance said in its announcement. Other services relating to the tokens on the list are unaffected, including trading.Other tokens marked with the monitoring tag include Aragon (ANT), Keep3rV1 (KP3R), Mdex (MDX), MobileCoin (MOB), Reef (REEF) and Vai (VAI).Firo co-founder Reuben Yap told Decrypt that the monitoring tag has been applied to Firo and other privacy coins "due to increased regulatory pressure, including from MiCA, recent initiatives from US regulators and compliance to Binance's settlement with the US DoJ."He noted that the project has been "in active discussions with Binance on this matter since September 2023," and that its proposal to implement Exchange Addresses, a tool that it claims enables exchanges to maintain regulatory compliance while respecting user privacy, has been "received positively" by the exchange.
Source: Decrypt
Binance has flagged several privacy coins with a "monitoring tag" indicating that they are at risk of being delisted from its platform.
Privacy Coins Monero, Zcash, Horizen 'At Risk' of Delisting by Binance.
Crypto exchange Binance has added a "monitoring tag" to a list of cryptocurrencies including privacy (XMR), (ZEC), (ZEN) and (FIRO).
In an announcement, Binance said that tokens with the monitoring tag "exhibit notably higher volatility and risks compared to other listed tokens," and are "at risk of no longer meeting our listing criteria" and being delisted from the exchange.
It added that tokens with the monitoring tag are subject to regular reviews. Criteria considered during its reviews include trading volume and liquidity, network stability and security, and "contribution to a healthy and sustainable crypto ecosystem," as well as "responsiveness to our periodic due diligence requests."
In order to trade tokens marked with the monitoring tag, users are required to pass a quiz to ensure they are "aware of the risks," Binance said in its announcement. Other services relating to the tokens on the list are unaffected, including trading.Other tokens marked with the monitoring tag include Aragon (ANT), Keep3rV1 (KP3R), Mdex (MDX), MobileCoin (MOB), Reef (REEF) and Vai (VAI).Firo co-founder Reuben Yap told Decrypt that the monitoring tag has been applied to Firo and other privacy coins "due to increased regulatory pressure, including from MiCA, recent initiatives from US regulators and compliance to Binance's settlement with the US DoJ."He noted that the project has been "in active discussions with Binance on this matter since September 2023," and that its proposal to implement Exchange Addresses, a tool that it claims enables exchanges to maintain regulatory compliance while respecting user privacy, has been "received positively" by the exchange.
Source: Decrypt
# U.S. spot bitcoin ETFs could win approval next week after last-minute application updates#
Reuters - Investment management firms, stock exchanges and the U.S. Securities and Exchange Commission on Friday discussed final wording changes on filings for spot bitcoin ETFs, a step that could lead to U.S. approval of the funds for the first time next week, sources familiar with the matter said.
Issuers held discussions with SEC officials about the S-1 prospectus documents that every exchange-traded fund (ETF) must submit for approval, according to executives and representatives of five firms who declined to be identified due to the confidentiality of the ongoing talks.
Multiple issuers said Friday they expect to receive final approval of S-1 filings by late Tuesday or Wednesday.
The SEC sought what three issuers described as "minor" changes. Some asset managers are expected to amend their filings to disclose fees or identities of the market-makers for their ETFs. Those updates are due by 8 a.m. ET (1300 GMT) on Monday and could become public that day, sources familiar with the process said.
An SEC spokesperson said the agency did not comment on individual filings.
People familiar with the filing process have said issuers that met end-of-year filing revision deadlines may be approved to launch by Jan. 10, the date when the SEC must either approve or reject the Ark/21Shares ETF, the fund that is first in line.
Multiple asset managers have applied for permission to launch spot bitcoin ETFs since 2013, but the SEC rejected them, arguing the products would be vulnerable to market manipulation. Fourteen firms including BlackRock (BLK.N), Fidelity and WisdomTree (WT.N) submitted applications for spot bitcoin ETFs last year and await a decision from the SEC.
Separately, regulators have been working with exchanges to finalize 19b-4 filings, which spell out the rule changes the SEC must approve for spot bitcoin ETFs to launch. Late Friday, exchanges submitted revisions to 11 of those filings.
Source: Reuters
Reuters - Investment management firms, stock exchanges and the U.S. Securities and Exchange Commission on Friday discussed final wording changes on filings for spot bitcoin ETFs, a step that could lead to U.S. approval of the funds for the first time next week, sources familiar with the matter said.
Issuers held discussions with SEC officials about the S-1 prospectus documents that every exchange-traded fund (ETF) must submit for approval, according to executives and representatives of five firms who declined to be identified due to the confidentiality of the ongoing talks.
Multiple issuers said Friday they expect to receive final approval of S-1 filings by late Tuesday or Wednesday.
The SEC sought what three issuers described as "minor" changes. Some asset managers are expected to amend their filings to disclose fees or identities of the market-makers for their ETFs. Those updates are due by 8 a.m. ET (1300 GMT) on Monday and could become public that day, sources familiar with the process said.
An SEC spokesperson said the agency did not comment on individual filings.
People familiar with the filing process have said issuers that met end-of-year filing revision deadlines may be approved to launch by Jan. 10, the date when the SEC must either approve or reject the Ark/21Shares ETF, the fund that is first in line.
Multiple asset managers have applied for permission to launch spot bitcoin ETFs since 2013, but the SEC rejected them, arguing the products would be vulnerable to market manipulation. Fourteen firms including BlackRock (BLK.N), Fidelity and WisdomTree (WT.N) submitted applications for spot bitcoin ETFs last year and await a decision from the SEC.
Separately, regulators have been working with exchanges to finalize 19b-4 filings, which spell out the rule changes the SEC must approve for spot bitcoin ETFs to launch. Late Friday, exchanges submitted revisions to 11 of those filings.
Source: Reuters
#Cristiano Ronaldo faces $1bn lawsuit for promoting NFTs#
Cristiano Ronaldo has been hit with class-action lawsuit seeking at least $1 billion (ÂŁ790m) in damages for his role in promoting cryptocurrency-related ânon-fungible tokens,â or NFTs, issued by the beleaguered cryptocurrency exchange Binance.
The lawsuit, filed in federal court in the Southern District of Florida Monday, accuses Ronaldo's promotions of Binance of being âdeceptive and unlawful.â Binance's partnership with high-profile figures like Ronaldo, the plaintiffs claim, caused them to make costly and unsafe investments.
Source: Independent
Cristiano Ronaldo has been hit with class-action lawsuit seeking at least $1 billion (ÂŁ790m) in damages for his role in promoting cryptocurrency-related ânon-fungible tokens,â or NFTs, issued by the beleaguered cryptocurrency exchange Binance.
The lawsuit, filed in federal court in the Southern District of Florida Monday, accuses Ronaldo's promotions of Binance of being âdeceptive and unlawful.â Binance's partnership with high-profile figures like Ronaldo, the plaintiffs claim, caused them to make costly and unsafe investments.
Source: Independent
#Arweave (AR) đżđż#
Arweave is a decentralized storage network that seeks to offer a platform for the indefinite storage of data. Describing itself as "a collectively owned hard drive that never forgets," the network primarily hosts "the permaweb" a permanent, decentralized web with a number of community-driven applications and platforms.
The project was first announced as Archain in August 2017, later rebranding to Arweave in February 2018 and officially launching in June 2018.
ATH- Around 92 usdt
ATL - Around 3.681 usdt
Arweave is a decentralized storage network that seeks to offer a platform for the indefinite storage of data. Describing itself as "a collectively owned hard drive that never forgets," the network primarily hosts "the permaweb" a permanent, decentralized web with a number of community-driven applications and platforms.
The project was first announced as Archain in August 2017, later rebranding to Arweave in February 2018 and officially launching in June 2018.
ATH- Around 92 usdt
ATL - Around 3.681 usdt
#Render (RNDR) is smiling đđđ, I knew it#
RenderToken (RNDR) is a distributed GPU rendering network built on top of the Ethereum blockchain, aiming to connect artists and studios in need of GPU compute power with mining partners willing to rent their GPU capabilities out. Conceived in 2009 by OTOY, inc. CEO Jules Urbach and launched in 2017, RNDR held its first public token sale in October of that same year, followed by a private sale period lasting from January 2018 â May 2018, wherein a total of 117,843,239 RNDR were sold at a price of 1 RNDR = $0.25 USD equivalent of token. During the private sale period, early adopters were onboarded onto the RNDR Beta Testnet, where beta node operators and artists worked collaboratively with the RNDR team in building and testing the network, up until its public launch on April 27th 2020.
***Microsoft & Google are both partnering with the Render Network to bring Azure (& Microsoftâs NVIDIA GPUs), alongside Googleâs A2 instances, to further bolster the Render Networkâs capabilities***
RenderToken (RNDR) is a distributed GPU rendering network built on top of the Ethereum blockchain, aiming to connect artists and studios in need of GPU compute power with mining partners willing to rent their GPU capabilities out. Conceived in 2009 by OTOY, inc. CEO Jules Urbach and launched in 2017, RNDR held its first public token sale in October of that same year, followed by a private sale period lasting from January 2018 â May 2018, wherein a total of 117,843,239 RNDR were sold at a price of 1 RNDR = $0.25 USD equivalent of token. During the private sale period, early adopters were onboarded onto the RNDR Beta Testnet, where beta node operators and artists worked collaboratively with the RNDR team in building and testing the network, up until its public launch on April 27th 2020.
***Microsoft & Google are both partnering with the Render Network to bring Azure (& Microsoftâs NVIDIA GPUs), alongside Googleâs A2 instances, to further bolster the Render Networkâs capabilities***
# Is Fetch.ai ( FET) a sleeping giant? #
Founded in 2017 and launched via IEO on Binance in March 2019, Fetch.AI is an artificial intelligence (AI) lab building an open, permissionless, decentralized machine learning network with a crypto economy. Fetch.ai democratizes access to AI technology with a permissionless network upon which anyone can connect and access secure datasets by using autonomous AI to execute tasks that leverage its global network of data. The Fetch.AI model is rooted in use cases like optimizing DeFi trading services, transportation networks (parking, micromobility), smart energy grids, travel â essentially any complex digital system that relies on large-scale datasets.
Fetch.ai was founded by Toby Simpson, Humayun Sheikh and Thomas Hain.
Humayun Sheikh is the current CEO of Fetch.ai. He is also the CEO and founder of Mettalex and the founder of uVue and itzMe.
Toby Simpson is the former COO of Fetch.ai, now a member of the Advisory Board. He was also the CTO at Ososim Limited, as well as Head of Software Design at DeepMind.
Thomas Hain is the former Chief Science Officer of Fetch.ai. Before that, he was a co-founder and director of Koemei.
Founded in 2017 and launched via IEO on Binance in March 2019, Fetch.AI is an artificial intelligence (AI) lab building an open, permissionless, decentralized machine learning network with a crypto economy. Fetch.ai democratizes access to AI technology with a permissionless network upon which anyone can connect and access secure datasets by using autonomous AI to execute tasks that leverage its global network of data. The Fetch.AI model is rooted in use cases like optimizing DeFi trading services, transportation networks (parking, micromobility), smart energy grids, travel â essentially any complex digital system that relies on large-scale datasets.
Fetch.ai was founded by Toby Simpson, Humayun Sheikh and Thomas Hain.
Humayun Sheikh is the current CEO of Fetch.ai. He is also the CEO and founder of Mettalex and the founder of uVue and itzMe.
Toby Simpson is the former COO of Fetch.ai, now a member of the Advisory Board. He was also the CTO at Ososim Limited, as well as Head of Software Design at DeepMind.
Thomas Hain is the former Chief Science Officer of Fetch.ai. Before that, he was a co-founder and director of Koemei.
#LOOM NETWORK (LOOM) is in a good moodđđđ
Loom Network is a platform as a service that is built on top of Etherium and allows developers to run large-scale decentralized applications. This platform was released on October 1st, 2017.
The goal of this is to allow application developers to have smart contracts that can access much more computing power when it is required, or maintain the same power at lower costs for tasks such as trials for onboarding new users or applications that simply do not need the full security of blockchain to begin with.
In this system you have the ability to interact with APIs developed by third parties which are not on chain. Loom attempts to be the ultimate platform that allows smart contract developers to create applications without the need to switch to another programming language.
As such, they can easily integrate their applications with the outside world.
The Loom Network runs on Plasma, which is a scaling solution that allows for faster transactions throughout the network.
Loom Network is a platform as a service that is built on top of Etherium and allows developers to run large-scale decentralized applications. This platform was released on October 1st, 2017.
The goal of this is to allow application developers to have smart contracts that can access much more computing power when it is required, or maintain the same power at lower costs for tasks such as trials for onboarding new users or applications that simply do not need the full security of blockchain to begin with.
In this system you have the ability to interact with APIs developed by third parties which are not on chain. Loom attempts to be the ultimate platform that allows smart contract developers to create applications without the need to switch to another programming language.
As such, they can easily integrate their applications with the outside world.
The Loom Network runs on Plasma, which is a scaling solution that allows for faster transactions throughout the network.
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DODOEmpowersMemeIssuance
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đ„đ„The Future of the DODO Ecosystem:đđ
DODO's Product Features and Unique Use Cases
One-Click Token Issuance: This feature allows projects to create tokens quickly and easily on various blockchains, reducing the barriers to entry for new projects.
Pegged Pool: This feature allows users to create pools that are pegged to a specific asset, offering a more stable trading experience.
Meme Platform: The upcoming Meme platform will provide a dedicated space for meme-related activities, potentially attracting a large user base.
These features have a wide range of use cases, including:
Token Launch: Projects can use DODO's one-click token issuance to launch their tokens on multiple blockchains.
Liquidity Provision: Users can provide liquidity to various pools, earning fees in the process.
Stablecoin Trading: The Pegged Pool feature can be used to trade stablecoins with other assets.
The Meme Sector Boom and DODO's Potential
The booming meme sector presents a significant opportunity for DODO. Its multi-chain one-click token issuance feature and the upcoming Meme platform could attract a surge in traffic from projects and users in this space.
Supporting BTCFi Assets and Meme Coins
DODO's various features can play a crucial role in supporting the development of BTCFi assets and meme coins:
One-Click Token Issuance: Projects can use this feature to launch BTCFi assets and meme coins on different blockchains.
Self-Initiated Mining: Users can create mining pools for BTCFi assets and meme coins, providing liquidity to these markets.
Pegged Pool: The Pegged Pool feature can be used to create stablecoins pegged to BTC or other assets, which can be used in BTCFi applications.
DODO's Competitive Advantage
Compared to other DEXs, DODO's lower market cap and backing from top institutions give it a significant competitive advantage. Its smaller size means it has more room to grow, and the support of established institutions can provide it with access to resources and credibility.
#DODOEmpowersMemeIssuance
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