From $650 to $1 Million: Shiba Inu

A middle-aged truck driver in the U.S. invested $650 in Shiba Inu in 2020 and went on with life as usual. Little did the truck driver know that his life would change forever a few months later. Shiba Inu deleted five zeros in 10 months, making the investor earn $1.7 million in May 2021. His employer announced that the driver resigned from his job after becoming a millionaire.

What would you do if you make that kind of money from Crypto?

Follow me for more updates

The only #bitcoin☀️ graph you need to understand.
Few.

DeFi Platform Bankroll Status Suffers Major Breach, $230K Lost: Report.

Bankroll Status, a BNB Chain-based decentralised finance (DeFi) platform, suffered a significant breach on Monday, resulting in a $230,000 loss. The hacking tactics appear to follow the same pattern as used in previous DualPools attacks.

Flagged by a cybersecurity firm, Cyvers Alerts, the infamous DualPools hacker group reportedly carried out the hack.

Shockingly, the evidence points to a smart contract deployed 90 days ago, which possibly served as the hacker’s entry point.

“Our system has detected malicious contract deployment targeting Bankroll 90 days ago,” the cybersecurity firm wrote on X.

Further, Cyvers has warned users, urging them to secure their assets and prevent future attacks. However, the investigation into the exact mechanism of the hack is still ongoing.

The DualPools Threat Pattern.

According to UEEx data, the attackers stole around $4.6 million worth of various cryptocurrencies from DualPools. The exploit drained around 750,000 Bitcoins in February 2024.

Following the hack, DualPools acknowledged the exploit and paused operations. Further, it implemented improved security measures for their hot wallets, however, specifics were not disclosed publicly.

According to cybersecurity experts, a vulnerability within Dualpools’ hot wallet security system allowed unauthorised access. Other possibilities include compromised server security and weak private key management.

#BinanceLaunchpoolHMSTR #CATIonBinance #HackerNews #DefiPoolz

How to Make Money Online to Start Your Crypto Journey.

1. Start a Dropshipping Business:

Dropshipping is a business model where you sell products directly to customers without holding any inventory. Here's how it works: when a customer places an order on your ecommerce store, the supplier handles the storage, packaging, and shipping on your behalf. This means you don't need to worry about stocking products or managing logistics.

To start a dropshipping business, you need an ecommerce platform. Shopify is one of the most popular choices for online entrepreneurs. By installing a dropshipping app on Shopify, you gain access to numerous suppliers across various product categories. You can source products such as clothing, electronics, home goods, and more. Once you list these products in your store, you can start marketing them to potential customers.

Steps to Start a Dropshipping Business on Shopify:

1. Set Up Your Shopify Store:
- Sign up for a Shopify account.
- Choose a theme that fits your brand.
- Customize your store with your logo, colors, and style.

2. Install a Dropshipping App:
- Popular apps include Oberlo, Spocket, and AliExpress Dropshipping.
- These apps connect you to suppliers and allow you to import products into your store.

3. Select and Import Products:
- Choose products that have high demand and good profit margins.
- Import these products into your store with a few clicks.

4. Market Your Store:
- Use social media, SEO, and paid advertising to drive traffic to your store.
- Create engaging content and promotions to attract customers.

5. Handle Orders:
- When a customer makes a purchase, the order is sent to the supplier.
- The supplier ships the product directly to the customer.

6. Provide Customer Service:
- Offer excellent customer support to build trust and encourage repeat business.
- Handle returns and refunds as needed.

Dropshipping is a Good Way to Make Money Online.

If you want to know more about Dropshipping, follow me now and let me know in the comments.

#Binance200M #TopCoinsJune2024

#btc70k The Dark Side of Crypto: Understanding Pump and Dump Schemes

What is a Pump and Dump Scheme?

A pump and dump scheme involves artificially inflating the price of a cryptocurrency through misleading information, only to sell off holdings at the peak, causing the price to crash and leaving late investors with significant losses. These scams typically unfold in three stages:

1. The Pump: Scammers purchase large quantities of a low-value cryptocurrency and then create false hype around it. This is often done through social media, forums, and messaging apps, where scammers spread optimistic predictions and fake news about the cryptocurrency's potential.

2. The FOMO: As the price starts to rise due to initial purchases, fear of missing out (FOMO) kicks in. More investors, lured by the potential for quick profits, begin to buy into the cryptocurrency, driving its price even higher.

3. The Dump: Once the price reaches a peak, the scammers sell off their holdings at inflated prices. This sudden sell-off causes the price to plummet, leaving latecomers with devalued assets and significant financial losses.

Real-World Impact

The decentralized and often unregulated nature of the cryptocurrency market makes it fertile ground for pump and dump schemes. In 2023, the SEC charged several individuals involved in a large-scale pump and dump operation that manipulated the prices of multiple cryptocurrencies, causing millions in investor losses.

How to Protect Yourself

- Research Thoroughly: Before investing, ensure the cryptocurrency project has a legitimate use case and transparent team members.
- Be Skeptical of Hype: Be wary of sudden price spikes driven by social media buzz and unverified news.
- Avoid FOMO: Making investment decisions based on fear of missing out can lead to significant losses. Take your time and make informed decisions.

By staying informed and cautious, investors can protect themselves from the dark side of the crypto boom and make smarter investment choices.

Follow me for more updates 👍

#ETHETFsApproved #PEPE‏ #EarnFreeCrypto2024

🚨 Attention Pepe Enthusiasts! 🚨

Having delved into meme market analysis and other cryptocurrencies, I've observed a success rate of 95%. Now, regarding Pepe coin, it seems to have solid support around $0.00001020. If it holds above this level, the price could soar to $0.00001500. However, don't rule out a retest, which might dip as low as $0.00000950. Stay vigilant, watch the market closely, and enjoy potential profits. Remember, do your own research! This analysis is just that – analysis, not financial advice.

Follow me for more updates

#Memecoins #ETHETFS #altcoins #ETFvsBTC #buythedip

Riddle: One day, a magician was boasting about how long he could hold his breath underwater. His record was 6 minutes. A kid that was listening said, “that’s nothing, I can stay underwater for 10 minutes using no equipment or air pockets!” The magician told the kid if he could do that, he’d give him $10,000. The kid did it and won the money. How?

Leave your answer in the comment.

Don't forget to follow me for more updates

#Memecoins #ETHETFS #altcoins #BinanceLaunchpool #ETFvsBTC

HOW TO BUY #BB (#bouncebit )
Considering whether to invest in $BB? Here's a simplified breakdown for you:
1. If it starts rising rapidly but stays below 100x, it's a good idea to buy right away.
2. If it jumps up to 1000x, proceed with caution. Wait a few minutes before deciding to buy.
3. If it skyrockets to 10000x, it's best to hold off on buying for at least 2 hours.
Another important point: If the initial price falls between $0.30 and $0.50, it's worth considering an immediate purchase. However, if it surpasses $1, it's smart to wait 5-20 minutes before making a move.
Remember, this isn't financial advice. Always do your own research first. Stay tuned for updates on Bouncebit.

Follow for more updates

#BinanceLaunchpool #BB #BOUNCEBITLAUNCHPOOL

Proven Ways for Making Money with Crypto💲.

Cryto staking: Crypto staking is like planting seeds in the crypto garden—you hold onto your coins for a while, and in return, you get a little extra in your wallet. Think of it as earning interest on your investment without lifting a finger. The amount you earn varies depending on which cryptocurrency you're staking and how many coins you're stashing away. It's smart to shop around and find the ones with the juiciest rewards before you commit.

Starting with crypto staking is pretty straightforward. Here's a simple guide:

1. Choose your cryptocurrency: Decide which digital currency you want to stake. Look for ones with good staking rewards and a solid reputation.

2. Get a compatible wallet: Not all wallets support staking, so make sure you choose one that does. Popular options include Exodus, Trust Wallet, and Atomic Wallet.

3. Buy some coins: Purchase the cryptocurrency you've chosen to stake from a reputable exchange. Make sure you have enough to meet the minimum staking requirement.

4. Transfer your coins to your wallet: Once you have your coins, transfer them to your staking-compatible wallet.

5. Start staking: Look for the staking option in your wallet and follow the instructions to start staking your coins. Usually, it's just a matter of selecting the amount you want to stake and confirming your decision.

6. Sit back and earn rewards: Now, all you have to do is wait. As long as your coins are staked, you'll start earning rewards over time. Just remember to keep an eye on your staking activity and adjust your strategy if needed.

Proven Ways for Making Money with Crypto.

One popular method to earn money with cryptocurrency is through mining. Mining involves verifying transactions on the blockchain and adding new blocks of data to the chain. Miners are then rewarded with cryptocurrency for their work. Mining can be done using specialized hardware or through cloud mining services.

With cloud mining, you don't need to buy or maintain hardware, but the rewards are typically lower compared to hardware mining. However, it's crucial to understand that mining cryptocurrency isn't straightforward and consumes a lot of electricity. Therefore, it's important to thoroughly research before diving in.

Additionally, considering more eco-friendly mining methods, such as those powered by renewable energy, could be beneficial both financially and environmentally.

#ETHETFS #altcoins #buythedip #CryptoWatchMay2024 #BTC

Choose 3 to hold this BullRun🔥

#altcoins #BTC #CryptoWatchMay2024

HIGH-RISK REVERSAL TRADING IN BITCOIN: UNDERSTANDING THE "V" SHAPE MOVEMENT.

Last week's sharp downward movement in Bitcoin, forming a "V" shape, was likely due to high-risk, high-reward reversal trades. Here's what happened:

1. Whale Action: Big traders can influence the market by driving prices down to trigger stops or liquidations, then enter positions at favorable levels. After absorbing liquidity, prices often reverse upwards.

2. Liquidation Pressure: When there's massive pressure on one side of the order book, hitting liquidation levels can lead to price reversals.

3. Exhausted Liquidation Levels: If all liquidation levels in one direction are hit, there's minimal liquidity left, prompting a natural price reversal.

Opportunities for Traders:
1. These reversals can signal local tops or bottoms, providing opportunities for trades with high risk-to-reward ratios.
2. Implement tight stop losses and consider taking profits strategically for maximum rewards.
3. Improve your trading strategy by looking for confluence with other indicators or support/resistance levels.

Follow me for more updates 👍

#buythedip #BTC

I MUST READ!

ECONOMIC REALITIES AND THE LOOMING CRISIS 👍.

It's clear that the government prints money and lends it by selling bonds, but there's confusion around how it all works. Jared Bernstein, an advisor to Biden, stumbled when asked about it. This highlights a bigger issue: our economic system seems shaky. The government's borrowing leads to a growing debt, which could end in a bond market collapse. Despite this, Bernstein's claim that the government prints money is inaccurate. The Federal Reserve handles money printing, not the government directly.

Looking ahead, the debt crisis seems imminent, with interest payments ballooning. This could trigger a currency crisis, forcing the Fed to print more money, further devaluing the dollar. Some advocate for alternatives like Bitcoin, arguing that our current financial system is flawed and unsustainable. The debate continues, but it's clear we're facing significant economic challenges ahead.

Follow me for more updates 👍

#buythedip #CryptoWatchMay2024 #MicroStrategy

$PEPE Smart Money Alert 🚨

A savvy trader just made a big move.

Spent $1.3M $USDC to snag 147 billion PEPE at $0.0000088

This trader has bought and sold #PEPE 7 times in the last 6 months, winning 6 out of 7 trades with a total profit of $915K.

Wallet Address BNB Smart Chain: 0xdcd1bc036162f5fd3a3487bf24a42e336681bbce for more smart trades!

#pepepumping #buythedip

BTC will soon retest $60k. But the market will not be that simple, perhaps we will see a deep test below $55k in again before a quick and strong Bullrun in June.

#memecoin🚀🚀🚀 #AI will lead the trend

#BTC #CryptoWatchMay2024 #Cryptocurency #CryptoStrategy2024

#BTC HH & HL ANALYSIS

If $BTC BullFlag or HH/HL breakout confirms, we're in for a massive bull run.
Trust me, the target could be beyond imagination 🚀

#CryptocurrencyPredictions #buythedip

BREAKING: Several top crypto analysts have predicted that $FLOKI will be THE main #memecoin of this bull run. #Floki outperformed $DOGE, $SHIB, $PEPE, and $BONK in the first major memecoin run of this year.

TIPS FOR BUYING CRYPTO 👍.

Getting into crypto at the best time takes some research, analysis, and maybe a stroke of luck. Here are some helpful tips:

1. Understanding Crypto: Before diving in, take the time to learn about cryptocurrencies and how the market works. This includes understanding different coins, their purposes, and the technology behind them.

2. Market Awareness: Keep tabs on what's happening in the crypto world. Stay informed about market trends, news, and any major developments that could impact prices.

3. Investment Strategy: Develop a clear investment strategy that aligns with your goals and risk tolerance. Whether you're looking for short-term gains or long-term growth, having a plan in place can help guide your decisions.

4. Timing Considerations: While it's tempting to try to time the market perfectly, it's incredibly difficult to do so consistently. Instead, consider strategies like dollar-cost averaging, where you invest a fixed amount at regular intervals.

5. Risk Management: Investing in crypto can be volatile, so it's essential to manage your risk. Only invest what you can afford to lose, and consider diversifying your portfolio to spread out risk.

6. Stay Rational: Emotions can often cloud judgment when it comes to investing. Try to stay rational and avoid making impulsive decisions based on fear or FOMO (fear of missing out).

7. Continuous Learning: The crypto space is constantly evolving, so make sure to stay curious and continue learning. This will help you adapt to changes in the market and make more informed investment decisions over time.

Follow me for more updates 👍

#altcoins #buythedip

TOP 11 ALT COIN YOU SHOULD WATCH OUT FOR:

1. Bitcoin (BTC)
2. Internet Computer Protocol (ICP)
3. WHIFF
4. TENSOR
5. NEAR Protocol
6. LCX
7. ARweave (AR)
8. RENDER
9. AERO
10. PITH
11. ALF (Alphabet Inc.)

#altcoins

DIVERGENT VIEWS ON CRYPTOCURRENCY

Cryptocurrency has garnered attention from a diverse range of famous individuals. Elon Musk, CEO of Tesla and SpaceX, has expressed interest in cryptocurrencies like Bitcoin and Dogecoin, although his comments have sometimes been unpredictable, leading to fluctuations in their value. Jack Dorsey, the co-founder and CEO of Twitter, is a vocal advocate for Bitcoin, seeing it as a potential tool for financial empowerment. On the other hand, Warren Buffett, the legendary investor, has been more skeptical, famously calling Bitcoin "rat poison squared." Despite differing opinions, cryptocurrency continues to capture the imagination of both the tech elite and traditional finance.

#BTC #CryptoWatchMay2024 #ElonMuskImpact

What do you think about cryptocurrency, and are you investing? What is your favorite crypto?

Follow me for more updates about cryptocurrency 👍