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any buyers ? on dip đ«Ł
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A new narrative is unfolding in the cryptocurrency world involving Justin Sun. Sun recently opened a long BTC position, which has now resulted in an $80 million loss. Compounding the situation, an old tweet of his has resurfaced, where he mentioned negotiating with the Germans regarding BTC selling. This is causing considerable concern within the crypto community. While altcoins have plummeted by 80-90%, BTC itself is down by about 25%. The fear of another exchange crash similar to FTX is palpable, raising questions about the stability of HTX and the safety of its users.
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$SOL đSOLANA đČ800 Soon đ As of today, July 11, 2024, Solana's market cap stands at approximately $68.9 billion, with a total supply of 489 million SOL tokens. While predicting future prices is always challenging, some analysts suggest that Solana could reach between $260 and $800 by the end of 2025. However, these are merely forecasts, and the actual price could vary significantly. If you found this information useful, please follow, like, and share.
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When Silence Speaks: No Need for Panic Itâs been months since my last publication, and during this hiatus, Iâve been inundated with messages urging me to return with insights on the current crypto market. Many of you have asked for market analyses, though I rarely share my opinions. I believe that every investor must learn through personal experiences, both gains, and losses. Each step in your investment journey is a valuable lesson. Recently, the cryptocurrency market has been unusually quiet. Despite widespread predictions of Bitcoin reaching $90k, the reality has been different. Many newcomers have been misled by these overly optimistic forecasts, resulting in significant losses in the futures markets as they bet on a Bitcoin surge that never came. I cannot stress this enough: stop listening to so-called crypto gurus; they know no more than you do. The only reliable strategy is to develop action plans for various market scenarios. You must know exactly what you will do if Bitcoin gains 30% tomorrow or if it loses 30%. Stick to your plan without deviationâthis discipline is your best bet for success in this volatile market. This is purely my opinion, and I thank you for taking the time to read it. If you found this helpful, please like, comment, share, and subscribe. Your support through likes and tips helps me continue sharing my knowledge about the crypto market. Thank you to those who contribute. #Write2Earn #Megadrop #BinanceTournament #MtGoxJulyRepayments #ETH_ETFs_Approval_Predictions
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Let me share a common scenario that could happen to you in the next 6 months, and how to avoid it. Itâs happened to me and countless others. Pay attention: You buy a token at $0.001 with the aim of it reaching $0.005 for a 5x gain. It climbs to $0.0044, then starts to dip. You panic sell. It dips a bit further, and you feel relieved. You forget about it, but next time you check, itâs at $0.0055. You feel bad and decide not to buy because youâre in loss aversion mode. It keeps pumping. You wish it would dip to your sell price. It almost does, but you lose interest, thinking it will dip more. It starts pumping again, and youâre indifferent. Before you know it, itâs at $0.01. You could have made 10x but missed out. As it hits $0.1, you realize you missed a 100x opportunity. The key lesson: cryptocurrency is an investment, not gambling. Donât panic sell. Do your research, invest, and hold. For instance, Wif was at $0.002 this year and is now above $2. Notcoin was at $0.005 and now itâs at $0.02. Donât let short-term emotions cloud long-term gains. Wishing you success in this bull run. Follow for more tips and guidance. #BinanceTurns7 #SOFR_Spike #US_Job_Market_Slowdown #Ethereum_ETFs_Expected_Date #CPI_BTC_Watch
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