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#XRP will hit $38k when it's fully adopted as the world currency!
I fell for this narrative and bought a huge bag of $XRP when I first got into crypto. Even though I am still holding my bag because anything can happen in #cryptospace, I don't see $XRP hitting 38k esp with such high
marketcap, token and #tokonomics
I have always been an advocate of spot trading as against features. But after studying XRP dynamics in its totality, I have come to a conclusion that it's one of the most predictable coin out there, at least for now.
Here is what I am doing now: I long and short with x5 leverage depending on the range. I tend to long when it falls below 0.4800 and short when it's goes beyond 0.5400. This is the range for now.
However, this will be invalidated immediately if there's any news concerning the ongoing court case. So keep an ear on the court events and news.
Kindly subscribe if this is of any help to you.
#bullrun2024📈📈 #BullRunAhead $BTC
I fell for this narrative and bought a huge bag of $XRP when I first got into crypto. Even though I am still holding my bag because anything can happen in #cryptospace, I don't see $XRP hitting 38k esp with such high
marketcap, token and #tokonomics
I have always been an advocate of spot trading as against features. But after studying XRP dynamics in its totality, I have come to a conclusion that it's one of the most predictable coin out there, at least for now.
Here is what I am doing now: I long and short with x5 leverage depending on the range. I tend to long when it falls below 0.4800 and short when it's goes beyond 0.5400. This is the range for now.
However, this will be invalidated immediately if there's any news concerning the ongoing court case. So keep an ear on the court events and news.
Kindly subscribe if this is of any help to you.
#bullrun2024📈📈 #BullRunAhead $BTC
If you are a newbie;
1. Please stay away from leverage.
2. Focus on Spot only.
3. Avoid trading any coin whatsoever.
4. Buy when the market is in red and sell when in green and in profit.
5. Buy coins with high liquidity. Preferably, top 100 coins.
6. More importantly, concentrate on improving your knowledge by making extensive research on crypto space.
$BTC $BNB $ETH $SOL. #bitcoinhalving
1. Please stay away from leverage.
2. Focus on Spot only.
3. Avoid trading any coin whatsoever.
4. Buy when the market is in red and sell when in green and in profit.
5. Buy coins with high liquidity. Preferably, top 100 coins.
6. More importantly, concentrate on improving your knowledge by making extensive research on crypto space.
$BTC $BNB $ETH $SOL. #bitcoinhalving
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Binance News
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Hong Kong Set To Approve First Bitcoin Spot ETF This Month
According to Foresight News, Hong Kong is reportedly on the verge of approving its first Bitcoin spot Exchange Traded Fund (ETF) this month, with an announcement expected as early as next week. This information was disclosed by an insider source.
The Hong Kong branches of China Asset Management, Harvest Fund Management, and Bosera Asset Management are all on the application list. These companies are among the leading contenders for the approval of the first Bitcoin spot ETF in the region.
The approval of a Bitcoin spot ETF in Hong Kong would mark a significant milestone in the acceptance and mainstream adoption of cryptocurrencies in the region. This move could potentially open up new investment opportunities for both institutional and retail investors.
However, the exact timeline for the approval and launch of the Bitcoin spot ETF is yet to be confirmed. The final decision will be made by the regulatory authorities in Hong Kong. The approval process is expected to be rigorous, considering the volatile nature of cryptocurrencies.
The Hong Kong branches of China Asset Management, Harvest Fund Management, and Bosera Asset Management are all on the application list. These companies are among the leading contenders for the approval of the first Bitcoin spot ETF in the region.
The approval of a Bitcoin spot ETF in Hong Kong would mark a significant milestone in the acceptance and mainstream adoption of cryptocurrencies in the region. This move could potentially open up new investment opportunities for both institutional and retail investors.
However, the exact timeline for the approval and launch of the Bitcoin spot ETF is yet to be confirmed. The final decision will be made by the regulatory authorities in Hong Kong. The approval process is expected to be rigorous, considering the volatile nature of cryptocurrencies.
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