Bitcoin Bullish or Bearish?

I see a lot of bearish fear posts for #BTC and some bullish ones.

I think you have to stay calm.

In the long term it will surely remain bullish, if not because more and more major companies invest in it?

Of course it will always continue with ups and downs, but there are people and not only here, but also in the newspapers who engage in "informational terrorism", talking about "collapse", when $BTC falls 4% in one day, it is simply exaggerated.

Maintaining rationality is the key.

#Binance #Write2Earrn

How to lose money easily with trading.

Trading is not easy but at the same time it is not as difficult a task as it is believed, it is a matter of technique, mathematical rules, cold blood and discipline.

Mathematical rules and technique can be taught, learned, practiced and trained, but cold blood cannot be taught or learned.

Having strong self-discipline can help control fear and greed.

Self-discipline means that you have rules that you never break, that is, "I buy when it falls to X price and sell when it rises by X percentage."

Without self-discipline, fear and greed will cause you to break these rules at some point, and this always ends up causing you to lose money.

Without any of the above, you can only trust intuition, but be careful, because maybe at some point, intuition will betray you.

This post is not financial advice.

#Binance #Miedo #Codicia #DisciplinaEnTrading

New attack by the SEC on the crypto market, Robinhood receives a Wells Notice. Source: Cryptonews.com

The article highlights the conflict between Robinhood and the SEC over cryptocurrency regulation, showing the lack of clarity in regulations and the tension between companies and regulators.

While Robinhood defends its position and criticizes the lack of regulatory clarity, the SEC seeks to apply regulations similar to those of traditional securities to cryptocurrencies.

Furthermore, the article suggests that the outcome of cases such as Ripple Labs could influence future regulatory actions, underscoring the importance of consistent and informed judicial decisions.

Could better collaboration between companies and regulators ensure a safer and fairer cryptocurrency market for everyone involved or is there something more?

What do you think?

#BTC #Binance #Bitcoin

It is inevitable that the price of bitcoin will surpass USD 100k this year, according to an expert.

"In my opinion, it is inevitable that the price of bitcoin will reach $100,000 this year," said PlanB, cryptocurrency expert and specialist at the Quant Analyst firm.

According to the analyst, miners' income has to be recovered: "Normally, in the last three halvings, they were recovered within a period of four to eight months. So that would be during 2024. And the only way for mining income to be recover is for the price to double. So estimating from the current price of $60,000, we should be well above $100,000 this year."

PlanB also claims that its stock-to-flow model, which compares the amount of a commodity in circulation divided by the amount produced each year, suggests that $BTC will reach a target price of $500,000 over the next four years.

"I have updated the stock-to-flow model, the parameters have not changed much. The target for 2024-2028 is still around $500,000 on average," PlanB said.
#BTC #Binance #halvingbitcoin

Source: Crypto247

I share the post from friend Crypto Alerts.
I think it is not a false alarm, because in recent years the FED has continued to inject more and more money into the market, to counteract inflation. It's a whiting that bites its tail. Elon is not the only one who shares this fear, there are also very renowned market experts and the list continues to grow.

Thanks to Crypto Alerts for sharing the news.

Can #SHİB reach 1 dollar?
Every time I see this question, there are those who answer that it is not possible because it would have to have such and such a market capitalization... But capitalization is nothing more than the multiplication of the number of tokens in circulation by their price. This already tells us that if the price increases by keeping the number of tokens constant, its capitalization also increases.

I think the real question is: when?

In May 2010, when the first transaction was made with #BTC, its price was $0.04. Even if all 21 million tokens were on the market, their capitalization would have been 840k. Not even the craziest of the crazy would have dared to predict that, one day, 11 years later, #BTC would be trading at 66k!

The price goes down or up depending on the market law of "supply and demand", and also in this case, its scarcity. On the contrary, capitalization is the subsequent calculation and not the reason why it goes up or down.
In conclusion, the answer to the initial question is a resounding YES. What we don't know is when it will reach this value, but someday it will.

The democratization of money?

Some thoughts on the article I shared the day before yesterday. For some time now, several indications have suggested to me that the financial system could, in the not too distant future, be based on #blockchain

1. News published in several newspapers already in 2023 that large companies such as #Ferrari #Lamborghini #RollsRoyce and more began to accept #Cryptos as a means of payment, among which also $SHIB

2. Fewer and fewer people use cash. Technology continues to advance and digital transactions increasingly play a fundamental role in our lives.

3. There are more and more people who are approaching cryptocurrencies, understanding what a decentralized system offers in relation to a centralized system.

In short, I have reflected more on the first clue I mentioned...
Crazy companies?
Anyway, the blockchain financial system may already be being launched, in parallel with the existing one and within a few years there will be a complete transfer.
It may be a crazy idea, but I wanted to share it anyway and then the future will be the only true judge.

At #honor de #verdad

Just for those who do not believe that what I wrote in the previous post is true, I put a screenshot of my $AXS

#AXS #AssumingTheRisk #tradingcrypto

$BTC Will it come back? 🙄

#terminator #BitcoinJourney #scamriskwarning

Recognize an opportunity and take a risk.

A user with his comment has given me the opportunity to tell what happened to me with $AXS
In November 2021 I saw that AXS had very good stacking percentages, more than 40%, if I remember correctly. I bought 2 AXS, they were $140 each back then.
Then $BTC started to go down and as you know, it dragged all the crypto.
I bought 2 AXS for $100 and bought 8 more for $40. But BTC continued to fall dragging everything down and I bought 20 more AXS at $10.
It became worth ~$4 in November 2022 and I saw that BTC, after having touched 16k, was going up again so I bought 100 more AXS, spending ~$400. I have always had them all automatically stacked for 90 days, I had more and more and now I have almost 193 AXS.
I have spent ~$1300 in total and the current breakeven point (BEP) is at $6.73, above this I already have a profit, in any case the BEP continues to go down every day because I continue accumulating AXS with stacking.
There was no way to recover my initial investment of $380, if I had not invested more taking advantage of the dips, I doubt AXS would recover $140. What would happen if AXS goes back to $50 for example? All of this, as we know, depends on what BTC will do, but I could sell all the AXS at $7 and I would have some profit, I don't have to wait for it to return to $140 to recover my initial investment.
This is NOT purchasing advice!

One of the reasons why big investors almost never lose their money.

Let's take the case for example, that I have spent 1000 $USDC o USDT on $BNB a 610 USDT each and I have obtained ~1.64 BNB. Then BNB starts to go down to its support point, let's say 560 USDT, that is, -8.93% more or less. So I decide to buy 1000 USDT more and since each BNB is now worth 560 USD I get ~1.78 BNB

Now I have ~3.42 BNB which I have paid 2000 USDT in total. The average purchase price of my BNB now is: 2000 : 3.42 = ~584.80 USDT. It means that to break even, I now need BNB to rise ~4.43% and no longer 8.93%. That is: 584.80 - 560 = 24.80, then (24.80 : 560) x 100 = ~4.43%.

While when the price of BNB rises from 560 to 584.80 USD I will already reach the breakeven point, when the price returns to 610 (the price of the first purchase), I will have a profit of: 3.42 x 610 = 2086.20 - 2000 = 86.20 USD since now I have 3.42 BNB paid 2000 USDT in total. The profit obtained would be ~4.31%, since 2086.20 - 2000 = 86.20 and (86.20 : 2000) x 100 = ~4.31%. Logically you have to subtract commissions and such. What matters is the concept. It is NOT BNB buying advice in particular and at all.