Let's try to have some fun with a light-hearted contest!
🥳🥳CONTEST RULES🥳🥳
STAGE 1: Pick a Token
Everyone can name one #MEME stock in the comments. Basically anything except #BTC, ETH, or BNB.
The contest will end when:
- Any token receives 10 comments from different people.
- The deadline passes.
The winning token is either the first one to reach 10 mentions or the one with the most mentions if none reach 10 by the deadline.
DEADLINE: 31/07 18:00 UTC
STAGE 2: Investment
As soon as the Stage 1 ends will open a LONG position worth 100 FDUSD on the winning token and hold the position for exactly one month, until 31/08 18:00 UTC.
On that date, I will sell the entire position.
STAGE 3: Distribution of Winnings
If the position ends with more than 100 FDUSD, I will distribute the profit equally among those who mentioned the winning token first in the comments, up to a maximum of 10 people.
🐑 I hope this makes sense to you! 🐑
So, comment with a token name, and let's see how it goes! Hurry up to be among first 10!!
Welcome to this anonymous support account, aimed at helping individuals navigate the mounting pressures exerted by centralized financial institutions. Their primary objective is to erode trust in the crypto world and seize control for themselves.
They constantly shake the tree we're perched upon, causing mass liquidations among the most vulnerable every minute.
In these turbulent times, it's vital to remain resilient and mitigate risks well below your tolerance level. Brace yourself for intensifying fluctuations. Feel free to vent your frustrations in the comments.
Despite the relentless tugging of large institutions, liquidating weaker portfolios, I still believe maintaining a bullish outlook carries less risk. Personally risk-averse, I prefer to observe the market from the sidelines, exercising patience amidst the chaos.
It became a little too depressive here lately. We need less 'Warning', 'Attention', 'Scam' posts and more 'Relax', 'He's a story with a happy ending' posts.
Ping me when it gets greener and happier. When the #BTC or #ETH are not dragging poor traders through liquidation traps.
I'm off to have some fun outside of the market and generally outside.
👈 In a groundbreaking move that has left financial analysts reeling and conspiracy theorists frothing at the mouth, Binance Coin ($BNB ) has surged from a mere $600 to over $700. Clearly, this astronomical leap can only be attributed to a fascinating numerical pattern that has recently been uncovered.
A close inspection of BNB’s price trends reveals a mind-blowing correlation: the price of $BNB at the beginning of almost each month magically adjusts to 100 times the number of the next month (7):
🍄🍄100*7 = $700🍄🍄
Astounding, isn't it? This revelation sheds light on the recent spike to over $700.
It's very true! In May, BNB was pegged at 100 times 6, hence the stable $600 price. It's a wonder how we never noticed this before.
🐑Now you know🐑 💥Check other months yourself, I didn't, I'm busy choosing my new private aircraft💥
🍄Hi, I was Margin Trading and I lost my deposit to liquidation🍄
It all started with the allure of leveraging my investments. The potential for greater returns was too enticing to resist. I believed I had a solid strategy, that I understood the risks, and that I could manage them effectively. I was shorting #meme coins, but the market moved against me. Faster than I anticipated, my position was liquidated, and I lost my entire deposit.
I’m here to acknowledge my mistakes and to learn from this experience. I need to accept that trading on margin can be as destructive as it is rewarding.
I want to warn others not to short the market. The gains are thin and the losses are massive.
The experience is not worth the $7.5 I lost. I don't know if I will ever recover from this.
Another $157mln #liquidated in the last 24h. Both Long and Short almost 50/50.
Whatever you do, don't let them liquidate you. The market is extremely volatile, but if you avoid liquidation, your portfolio will likely grow over time.
🐑Or not, I don't know anything for sure, except that it's important to avoid the risk of liquidation.🐑 🍄It doesn't matter what you trade #BTC or #ETH or #Meme 🍄
A magical tale about the crypto world that inspires us all....
Once upon a time, in the sunny morning of March 2024, there lived a trader with big dreams of crypto riches. Though eager to invest, he had no coins to his name. Desperate, he sought help from friends, but none understood his crypto jargon, and none had any clue of what was he talking about. Just when hope was fading, his wise grandmother stepped in, offering her modest savings and a cherished necklace.
He sold the necklace and armed with 4 USD and a newfound resolve, he embarked on his crypto journey. Yet, even with his grandma's support, obstacles loomed. Unable to navigate the complexities of Binance, he stumbled to transfer his cash to his account until fate intervened with a surprise gift of Red box full of LIT tokens. I don't know for sure, haven't seen it myself, but they say the total number of coins was worth almost 1.5 USD.
With dreams as bright as the moon, he pondered his next move drinking beer that he bought with the money his grandma gave him. All until exhaustion claimed him. In his slumber, crypto visions danced in his mind, guiding him to convert his LIT into BNB.
Upon awakening, he seized the moment and purchased BNB at the price of 571.15, immediately the price soared as high as 645! He witnessed his account worth rising to 1.55 then 1.6, reaching 1.69 in no time. Yet, despite his success, his heart ached for his beloved grandmother, whom he longed to repay with 4usd and a silver necklace of true worth.
Alas, the tale takes a somber turn, for the trader remains in limbo, waiting for the perfect moment to fulfill his promise. Meanwhile, his grandmother lives contentedly, her love unwavering. He never saw her after that day when she gave him the money. Too embarrassed was he.
Oh, how I wish he had never accepted her tender offer of savings, nor sold the necklace her husband bestowed upon her on their wedding day.
There might just be a moral hidden within these words, but I'll leave that discovery to you.
I can't continue living like this; there's no turning back.
I know suspicions have lingered for quite some time.
I'm ready to make it public for everyone.
Despite evidence pointing elsewhere, I want to clarify: I am not Satoshi Nakamoto. I must put an end to speculation.
#notSatoshiNakamoto
While I have a deep appreciation for #BTC, I didn't create it in 2009. Additionally, I don't possess millions of #BTC in any wallets. You may find it hard to believe, but I don't own any crypto wallets at all. None. It's the truth.
I'm truly sorry, and I hope you won't dwell on it for too long. If you are feeling down, treat yourself to some muffins. You can have as many as you like this time, considering the weight of the situation.
I wish you all the best, and I'm genuinely sorry if I've let you down.
Smart-a$$ Bull reports to you. Now he's gonna explain everything you need to know.
Warren Buffett is piling the cash, so that means that...
🍄NOTHING🍄
This indicates nothing at all. The timing of his cash reaching an all-time high (ATH) just before significant stock market crashes suggests he's actively engaged during these downturns. Essentially, he spends aggressively when markets plunge, allowing his cash reserves to dwindle. As the market rebounds, he adopts a more conservative approach, replenishing his cash reserves until the next downturn.
His cash position nears $200 billion. The market crash could begin tomorrow. Or not. Then his cash position will grow even further up. It will meet a new ATH or not. No one knows. That's it.
The market could crash anytime and his cash position has ZERO to do with that.
🐑The only advice here is to have some funds in a very liquid form in order to be ready when the market plunges. It will be extremely stupid to have zero liquidity when it happens.🐑 It is very satisfying buying everything like #BTC or #ETH at the lowest prices imaginable.
🍄When in doubt you can always ask a smart-a$$ bull here. Don't hesitate, he knows everything about everything.🍄
Or was it yesterday ... I'm not sure. But it definitely happened before! I remember that it happened already at least once!!
👈I told you it would happen. And it's gonna happen again. Mark my words the days when #BTC price will fall are coming. And they are coming fast! Much like the days when #BTC price will rise!!
💥Beware💥
🐑And listen to me! I never lie🐑
If I warn you the price will fall you better listen. I will not warn more than 4 times. Maybe two times more tops.
I don't usually engage in margin trading; it's too risky, and I hate taking risks. However, last night I was super tired, and instead of opening a spot sell of USDT/DAI for 10 USDT at 1.0007, I opened a margin sell for 100 USDT 🤯🤯
I didn't notice that until the morning when I woke up with 100.07 DAI. At first, I freaked out; that's too much money for me 🙀 However, in a couple of minutes, I noticed that the price for 1 USDT was back to 1 DAI. I immediately sold 100.07 DAI, pocketing a freaking 0.07 USDT!!!
That was the best morning in a long while ☕
P.S. I freaked out so much that I couldn't remember why did I need 10 #DAI in the first place 🍄 I think I wanted o buy #BTC I don't remember anymore.
If #BTC crosses 64K then it will go down or stay. It might go up, but if it crosses 67K then it will definitely go up or down. If it stays then it will cross 65K and will go up, if it goes down then it will cross 69K and stay or go up. Regardless of where it ends up by the end of the day, it will go down after that, but could also stay or go up. Anyway, the price of #ETH will definitely change, but if not then it will stay the same.
🐑Remember to stay cautious and think for yourself. It is also important to follow experts and do as they say🐑
👈Follow me for more insight on #BTC and #ETH My analysis is always sharp on point, but also vague and unclear. It could also be neutral. However no worries, if you feel like you don't understand my analysis, just check the picture attached, it reflects on the meaning of the post.
Just check the picture and do as it says. If you have any issues afterwards you can direct your concern to this picture. It's an awesome picture, it will solve all your problems, or not.
It was a relatively calm and quiet 24 hours, yet amidst this tranquility, 78,381 traders faced liquidation, some losing their entire portfolio. These unfortunate souls require care and comfort.
There's no quick fix for such losses. If you've been affected, resist the urge to immediately rebuild your portfolio or pour more money into it. Instead, take a moment to breathe, enjoy a muffin or two, or five (Remember to consult your doctor for a specific number of muffins). Walk outside in the park, contemplate the sky and the birds, move your face towards the falling raindrops.
🦋🦋Heal first. Recharge. 🦋🦋
And come back!
🍄We need your money🍄
Come back! Open a bunch of margin positions! Get swept away one more time.
🎢Repeat🎢
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