Why You Should Never Sell Crypto Coins For A Loss

According to Lolliey, It’s very popular amongst newbie investors to sell their coins because the price of an asset is dropping.
For example: an investor puts in $90,000 into a coin but just because the price of the asset is 50% down, there’s usually that thought to sell the coins to avoid losing all the investment money.
This is very common and honestly it’s hard to be accurate with knowing when to take it a loss or hold on for a reversal. These are some practices you should do when the price of asset keeps dumping

1. Buy the dip: that’s why OG investors recommend a certain percentage of your capital in stable coin so that in case a dip opportunity happens, an investor can take advantage of it by buying the asset at a much lower price and once the reversal happens more profits.

2) Hodl: the idea of holding your coins no matter how much the asset price is can be a good investment strategy because the investor isn’t in a rush to sell off the coins but waits for the demand of the coin to increase so that it’s once the price goes up, the gains will also go up.

3) Research: it’s not an easy task sometimes to determine the reason a coin price is dropping but by reading content about the coin, you may find out whether it’s be a there a negative news about the coin or the coin is getting delisted. It’s not in all cases an investor should hold on to the coins in those kind of case.

#Write2Earn #DYORAlways

WHAT YOU NEED TO KNOW ABOUT BITCOIN HALVING!

BITCOIN HALVING (HALVENING)

1. Bitcoin Halving plays a pivotal role in controlling the rate at which new Bitcoins are introduced into circulation, slowing down the production of new coins over time.

2. Bitcoin Halving occurs roughly every four years, it is a pre-coded event that happens in the Bitcoin protocol every 210,000 blocks.

3. The first miners of Bitcoin in 2009 received 50BTC as a reward for each block they successfully added to the Blockchain, the first Halving event took place in 2012, which reduced the block reward to 25BTC. The second Halving was in 2016 and it reduced the block reward to 12.5BTC, then the third Halving was 2020 which further decreased the reward to 6.25BTC

4. The next Bitcoin halving will reduce the block reward to 3.125BTC and is expected to occur in April 2024 (when the block height reaches 840,000).

5. This event ( Halving ) reduces miners rewards, impacting supply and demand dynamics, Halving actually controls the issuance of new Bitcoins and maintain its scarcity, thus ensuring a limited BTC supply.

6. After Bitcoin halving your Bitcoin holding remains unchanged. The price of Bitcoin and various aspects of crypto ecosystem is what is affected after bitcoin halving.

Why Bitcoin Halving is important
I. Supply and demand dynamics
2. Market volatility
3. Implications for miners
4. Technological and community development
5. Long-term investment implications.

This write up is sourced from Binance Academy, you could go there and read up.
#Write2Earn #BINANCEACADEMY.

Disclaimer: This content is information and educational driven, this is not a financial advice, Always seek advice from appropriate professional advisors and Do your own research(DYOR) before investing in any crypto project.

#NON PERDERTI IL FARMING DI PIXEL (PIXEL)!

Il farming di Pixel (PIXEL) su Binance Launchpad è iniziato oggi.

Ciò che devi fare per partecipare è avere BNB o FDUSD in stake sul Launchpad in modo da coltivare PIXEL, se hai già BNB e FDUSD in stake non devi preoccuparti perché PIXEL verrebbe coltivato per te automaticamente,

NB: più BNB e FDUSD sono in stake, più rendimento ottieni.

Per i possessori di BNB puoi sempre puntare la tua moneta sul caveau BNB che ha molte opportunità come l'aggiunta automatica del possessore a qualsiasi opportunità di farming e anche interessi di rendimento annuale (questa è la mia opinione, non un consiglio finanziario).
#Write2Earn #PIXEL

Secondo Binance News, Binance ha annunciato l'aggiunta del 46° progetto, Pixels (PIXEL), al suo Binance Launchpool. Pixels, un gioco social web3 costruito sulla rete Ronin, avrà la sua pagina web disponibile entro 24 ore prima dell'inizio del Launchpool.
A partire dalle 00:00 (UTC) del 09-02-2024 (UTC), gli utenti potranno mettere in staking i propri BNB e FDUSD in diversi pool per coltivare token PIXEL nell'arco di dieci giorni.
Successivamente, Binance elencherà PIXEL alle 10:00 (UTC) del 19-02-2024 e aprirà il trading per le coppie PIXEL/BTC, PIXEL/USDT, PIXEL/BNB, PIXEL/FDUSD e PIXEL/TRY. Il tag seed verrà applicato anche a PIXEL.
Launchpool offre premi in token di 350.000.000 di PIXEL (7% della fornitura massima di token). C'è un limite orario rigido di 116.666,66 PIXEL nel pool BNB e 29.166,66 PIXEL nel pool FDUSD. Il periodo di allevamento sarà dal 09-02-2024 alle 00:00 (UTC) al 18-02-2024 alle 23:59 (UTC).
I premi giornalieri totali ammontano a 35.000.000 di PIXEL, con i premi giornalieri del pool BNB a 28.000.000 di PIXEL e i premi giornalieri del pool FDUSD a 7.000.000 di PIXEL.
#Write2Earn

Lo spazio delle criptovalute è pieno di infinite possibilità. Sebbene il mercato non stia effettivamente rispondendo come previsto, sicuramente il prezzo di mercato delle monete risponderà con il tempo. Non c'è magia nello spazio delle criptovalute, continua a fare incetta, assicurati di #DYOR🟢 prima di investire in qualsiasi progetto.

#BullRunAdvice #BitcoinETFapproved #BitcoinETF💰💰💰

Ben fatto!

cryptocurrency is actually the future of Digital currency, it would only take time for majority to know this. ensure to be bagging Good projects 🎁$XRP $BNB $DOGE #bnbburn