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Tulkot
Crypto Newbie's Guide: Avoid Hype, Learn TA
Went from crypto newbie to $2000 by following price movements. Then, disaster struck – analyst predictions! Every. Single. Time. Lost money. Here's the truth:
Forget analyst hype, it's a clickbait game.
Most have hidden agendas, shilling their own investments.
Crypto's young, even the best can't predict the future.
Here's the real deal:
Learn basic Technical Analysis (TA). Charts and price movements tell the real story.
Do your own research! Project, team, market trends – know what you're investing in.
Be skeptical. Question everything, analysts are not fortune tellers.
Don't be a hype victim. Get informed, learn TA, follow price action, invest responsibly. Crypto can be awesome, but be smart about it!
P.S. Ditch the analyst gurus, become your own crypto master!
#analyssis #Newbies #Warning
Went from crypto newbie to $2000 by following price movements. Then, disaster struck – analyst predictions! Every. Single. Time. Lost money. Here's the truth:
Forget analyst hype, it's a clickbait game.
Most have hidden agendas, shilling their own investments.
Crypto's young, even the best can't predict the future.
Here's the real deal:
Learn basic Technical Analysis (TA). Charts and price movements tell the real story.
Do your own research! Project, team, market trends – know what you're investing in.
Be skeptical. Question everything, analysts are not fortune tellers.
Don't be a hype victim. Get informed, learn TA, follow price action, invest responsibly. Crypto can be awesome, but be smart about it!
P.S. Ditch the analyst gurus, become your own crypto master!
#analyssis #Newbies #Warning
Tulkot
#SOL will hit 106
Tulkot
Solana's Price Surges Despite SEC Label: A Layer 1 Contender?
I was reading an article on FXStreet.com and was intrigued by the incredible price rise of Solana (SOL) since it was labeled as a security by the Securities and Exchange Commission (SEC) in June 2023. I was curious to understand the factors driving this remarkable growth, so I turned to Bard, my trusted AI assistant, for an explanation.
Bard's Explanation:
Bard explained that the SEC's labeling of SOL as a security, though initially concerning, did not dampen investor confidence in the project. In fact, the price has risen by nearly 400% since then, surpassing its peers and closing in on Ripple (XRP) in market capitalization. This surge can be attributed to several key factors:
Superior Speed and Cost-Effectiveness: Solana's blockchain infrastructure boasts exceptional speed and cost-effectiveness compared to other Layer 1 blockchains, making it an attractive platform for developers and users.
Growing Ecosystem: Solana's ecosystem is rapidly expanding, attracting a diverse range of decentralized applications (dApps) and projects.
Potential to Rival Ethereum: Solana's scalability and transaction throughput have caught the attention of investors, positioning it as a potential rival to Ethereum.
Investor Confidence Remains Strong:
Despite the SEC's labeling, investor confidence in Solana remains strong. The price surge suggests that investors are not deterred by the regulatory uncertainty and believe in Solana's long-term prospects.
Positive Outlook for Solana:
The news of Solana's price surge and its growing popularity paint a positive picture for the project's future. As the Layer 1 blockchain landscape continues to evolve, Solana is well-positioned to maintain its position as a leading contender.
Binance and Solana:
Binance, has played a crucial role in supporting Solana's growth by listing the token and providing access to its ecosystem of dApps.
As a Binance user, I am excited to see Solana's continued growth and its potential to revolutionize the blockchain space.
#SOLPriceRise
I was reading an article on FXStreet.com and was intrigued by the incredible price rise of Solana (SOL) since it was labeled as a security by the Securities and Exchange Commission (SEC) in June 2023. I was curious to understand the factors driving this remarkable growth, so I turned to Bard, my trusted AI assistant, for an explanation.
Bard's Explanation:
Bard explained that the SEC's labeling of SOL as a security, though initially concerning, did not dampen investor confidence in the project. In fact, the price has risen by nearly 400% since then, surpassing its peers and closing in on Ripple (XRP) in market capitalization. This surge can be attributed to several key factors:
Superior Speed and Cost-Effectiveness: Solana's blockchain infrastructure boasts exceptional speed and cost-effectiveness compared to other Layer 1 blockchains, making it an attractive platform for developers and users.
Growing Ecosystem: Solana's ecosystem is rapidly expanding, attracting a diverse range of decentralized applications (dApps) and projects.
Potential to Rival Ethereum: Solana's scalability and transaction throughput have caught the attention of investors, positioning it as a potential rival to Ethereum.
Investor Confidence Remains Strong:
Despite the SEC's labeling, investor confidence in Solana remains strong. The price surge suggests that investors are not deterred by the regulatory uncertainty and believe in Solana's long-term prospects.
Positive Outlook for Solana:
The news of Solana's price surge and its growing popularity paint a positive picture for the project's future. As the Layer 1 blockchain landscape continues to evolve, Solana is well-positioned to maintain its position as a leading contender.
Binance and Solana:
Binance, has played a crucial role in supporting Solana's growth by listing the token and providing access to its ecosystem of dApps.
As a Binance user, I am excited to see Solana's continued growth and its potential to revolutionize the blockchain space.
#SOLPriceRise
Tulkot
How/Where to learn technical analysis. Should we rely on technical analysis. Seeking expert advice #TechnicalAnalysis
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