Treading Cafe
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Renowned trader Eugene Ng Ah Sio has recently advised that, as we enter the latter half of the current market cycle, investors should consider adopting a strategy of more frequent selling rather than holding assets for the long term.
He emphasized that if traders have been performing well, they shouldn't change their trading style by extending holding periods. Instead, he suggests that in the late stage of the cycle, the strategy should be to sell more frequently and avoid continuing to hold (HODL).
Ng Ah Sio also highlighted the importance of planning exit strategies to minimize drawdowns, stating, "Making money in crypto is one thing, keeping it is another. When you plan your exit strategy for the cycle, aim to minimize the drawdown."
These insights suggest that, according to Ng Ah Sio, a more active approach to selling may be prudent as the market cycle progresses.
#TrumpBTCBoomOrBust
#Write2Earn $SOL
He emphasized that if traders have been performing well, they shouldn't change their trading style by extending holding periods. Instead, he suggests that in the late stage of the cycle, the strategy should be to sell more frequently and avoid continuing to hold (HODL).
Ng Ah Sio also highlighted the importance of planning exit strategies to minimize drawdowns, stating, "Making money in crypto is one thing, keeping it is another. When you plan your exit strategy for the cycle, aim to minimize the drawdown."
These insights suggest that, according to Ng Ah Sio, a more active approach to selling may be prudent as the market cycle progresses.
#TrumpBTCBoomOrBust
#Write2Earn $SOL
#AIAgentFrenzy
Binance has temporarily suspended deposits for TROY tokens on the Binance Smart Chain (BSC) as of January 2, 2025, due to potential security concerns with the TROY-BEP20 token contract.
This precautionary measure aims to protect users while Binance collaborates with the TROY project team to verify the security of tokens minted on BSC. As of now, the project team has not provided sufficient clarification regarding the issue. Deposits may resume once the security concerns are resolved; however, no separate announcement will be made regarding the resumption.
It's important to note that other services related to TROY, such as deposits and withdrawals via the Ethereum Network (ETH), remain operational without interruption.
Following Binance's announcement, the price of TROY experienced a significant decline, dropping by 40%.
Other exchanges, such as Tokocrypto and Bitunix, have also suspended TROY (BSC) deposits due to similar security concerns.
Users holding TROY tokens should stay informed through official channels for any further updates regarding the status of TROY (BSC) deposits.
Binance has temporarily suspended deposits for TROY tokens on the Binance Smart Chain (BSC) as of January 2, 2025, due to potential security concerns with the TROY-BEP20 token contract.
This precautionary measure aims to protect users while Binance collaborates with the TROY project team to verify the security of tokens minted on BSC. As of now, the project team has not provided sufficient clarification regarding the issue. Deposits may resume once the security concerns are resolved; however, no separate announcement will be made regarding the resumption.
It's important to note that other services related to TROY, such as deposits and withdrawals via the Ethereum Network (ETH), remain operational without interruption.
Following Binance's announcement, the price of TROY experienced a significant decline, dropping by 40%.
Other exchanges, such as Tokocrypto and Bitunix, have also suspended TROY (BSC) deposits due to similar security concerns.
Users holding TROY tokens should stay informed through official channels for any further updates regarding the status of TROY (BSC) deposits.
Why are bio coin dawn
The recent listing of Bio Protocol (BIO) on Binance has garnered significant attention. Here's an overview of its current performance:
After its listing on January 3, 2025, BIO experienced a substantial surge, briefly reaching $1.47 before stabilizing around $0.75.
This pattern, where a token's price spikes upon listing and then declines, is common in cryptocurrency markets. Several factors can contribute to such movements:
1. Initial Hype and Speculation: New listings often attract significant
After its listing on January 3, 2025, BIO experienced a substantial surge, briefly reaching $1.47 before stabilizing around $0.75.
This pattern, where a token's price spikes upon listing and then declines, is common in cryptocurrency markets. Several factors can contribute to such movements:
1. Initial Hype and Speculation: New listings often attract significant
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Binance's Red Packet feature allows users to send cryptocurrency gifts to friends and family, inspired by the traditional practice of giving red envelopes during special occasions. This feature is part of Binance Pay and enables users to create and share crypto gifts easily.
Creating a Red Packet:
1. Access Binance Pay: Log in to your Binance app and tap the [Pay] icon.
2. Select Red Packet: Choose the [Red Packet] option.
3. Create a Red Packet: Tap [Create Now], select a distribution method ([
Creating a Red Packet:
1. Access Binance Pay: Log in to your Binance app and tap the [Pay] icon.
2. Select Red Packet: Choose the [Red Packet] option.
3. Create a Red Packet: Tap [Create Now], select a distribution method ([
Bitcoin in Swiss Reserves: A Growing Trend in Financial Stability?
#BitcoinInSwissReserves
Switzerland, renowned for its financial prudence and innovation, is witnessing an intriguing shift in its approach to monetary reserves. The traditional stronghold of gold and foreign currencies is gradually making room for digital assets like Bitcoin. This move signifies a broader acceptance of cryptocurrency as a legitimate financial instrument.
Why Bitcoin?
Bitcoin, often referred to as "digital gold," shares many qualities with its physical counterpart. Its scarcit
Switzerland, renowned for its financial prudence and innovation, is witnessing an intriguing shift in its approach to monetary reserves. The traditional stronghold of gold and foreign currencies is gradually making room for digital assets like Bitcoin. This move signifies a broader acceptance of cryptocurrency as a legitimate financial instrument.
Why Bitcoin?
Bitcoin, often referred to as "digital gold," shares many qualities with its physical counterpart. Its scarcit
#MyFirstSquarePost New to Binance Square, thrilled to share and connect with everyone here!
#Auction #dountrun
please guide me friend trend close 🤕🧐
#Auction #dountrun
please guide me friend trend close 🤕🧐