true that this coin is volatile, the more reason you hold to it. why? it is in its lowest price since, and there is no way to gio but up - or dissolution.
And crypto successful people doesnt fold for just a few losses. instead focus and what you can gain if this pumps - or are you just going to look up when the $sun is up and you were left behind.
Majority, we focus on problem and avert risks. Thats natural. However, success will not be handed to you in a silver plate. You must be ready to bleed, lose and risk.
People devalue little continues progress over the immediate trend jumps. They dump their money to where the hype is, then regret it immediately after.
This is the same case as $TRX this has been marred with issues and controversy. Not because of security to system, ecosystem, actual use or any other means.. instead, what is impeding it is either political or market manipulation.
TRX grows, scaling the trend even with restrictions or even without influence of BTC.
Imagine when the issue is resolved. How rich will you be?
👉👉👉 $TRX argues #SEC ‘not a worldwide regulator’ and lawsuit goes ‘too far’
Tron, the entity behind the layer-1 blockchain, has moved to dismiss a lawsuit filed by the United States Securities and Exchange Commission (SEC), arguing that the SEC lacks jurisdiction over foreign digital asset offerings on GLOBAL platforms.
Tron contends that the SEC's attempt to apply U.S. securities laws to predominantly foreign conduct exceeds its jurisdiction, emphasizing that the SEC is not a global regulator and lacks authority over offerings that occur mainly outside the United States.
The lawsuit, filed by the SEC last March, targeted Tron founder Justin Sun, the Tron Foundation, as well as the BitTorrent Foundation and its parent company Rainberry Inc., which Tron acquired in 2018. The SEC alleged that the sale of Tron (TRX) and #BitTorrent (BTT) tokens constituted unregistered securities offerings.
Tron argues that the tokens were sold exclusively overseas, with measures taken to avoid the U.S. market. It emphasizes that the SEC did not allege that the tokens were initially offered or sold to U.S. residents. Tron also disputes the SEC's assertion that later secondary token sales on a U.S.-based platform serving users worldwide constituted unregistered U.S. securities offerings.
Additionally, Tron contends that even if the SEC had jurisdiction, the tokens do not meet the criteria of investment contracts under the U.S. securities classification, as per the Howey test.
Tron contests the SEC's allegations, claiming they lack specific facts and fail to identify any victims of the alleged wrongdoing. Tron criticizes the lawsuit for its lack of detailed factual allegations and reliance on generalizations. Additionally, Tron invokes the major questions doctrine, seeking dismissal. The SEC has yet to respond to Tron's motion.
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The growth of Crypto is very surprising and unprecedented. Many who are very capable BUT previously snide and ignore crypto are now taking notice.
Crypto's premise is to decentralize and remove control from any government. This is the SAME reason why Crypto is getting challenged, and this is one of the reason that stimulates the industry ~ the Ups and Downs (bears and bulls)
So now that they took notice, they gradually get rein in the industry (you already know how they do it, if not I'll make a full article).
The Real Whales and Bigfishes? 1. Government Treasury or those that are deputized 2. Big Business 3. Criminal and Terrorist Networks 4. Legit Crypto Exchanges 5. Those who can initiate "burn"
When anyone or all of these make a move, you'll see a splash in the trend of $BTC either a bull or a bear - Those are the very entities that Crypto wanted to beat when it is conceptualized but rather than beating it, It was high jacked.
Justin Sun’s Tron Blockchain requests the court to dismiss the lawsuit filed by the SEC. The platform claims that the SEC doesn’t have the authority to intrude into Tron’s foreign digital asset offerings to foreign purchasers. Tron asserts that the SEC is not a worldwide regulator and that its regulatory attempts exceeded its limits.
If you are not, your capital is little and dont want to lose that amount, then this message is for you.
DONT be among the small players who are riding the tide, FOMO - they tend to lose money rather than win.
This means not going to popular top 10 to 15 coins.
Instead, look for projects with Vision - with ecosystem and is scaling despite being unknown YET. Believe me when I say the whales eyes are already set on those coins.
I am not going to mention those coins, you have to look for your gems, plan your entry and exit. Research and read only from refutable sources and decide only when you mind is calm.
Depends on your metrics and kind of trader. If you are looking at days it is surely far. But if you are visionary and looking at the application of the tokens, then we are really going there. We are going #NEAR