Insights do BULLISHDUDE_01(@BULLISHDUDE_01)

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LITECOIN GAINS VALUE: $120 Set As Target It is noteworthy that in the cryptocurrency market #Litecoin gained over 10% in value by overcoming the $105 resistance against the US Dollar. This indicates that the price could move towards the $120 resistance. Optimistic Developments for Investors Litecoin continues its uptrend by gaining strength from the $95 support level. It is trading above the $100 simple moving average, providing investors with a positive outlook. A featured chart analysis shows LTC’s bullish trend line forming around the $101.50 support level. This shows that Litecoin can continue its rise if it does not fall below $ 100. $120 Possible Goal Litecoin is rising with a stronger performance compared to other major cryptocurrencies, Bitcoin and Ethereum. It forms a solid support above the $80 level, contributing to the price increase. A target of $120 to $122 is currently set. #Write2Earrn #Bullcoins t

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“Spot Trading is for poor people and Future Trading is for rich people”, the best joke I heard till now. People saying the opposite. Leverage (a.k.a Loan-Contract-By-Broker) for rich people to multiply their gain with very less money. For example, suppose I have 500 million to invest. But I invested 5 million in the market and remaining I kept somewhere safe. Suppose I placed a long (buy) order on BTC when market was at 70k USD. So I should have 14.29 BTC approximately. But I used 100x leverage, so I have 1429 BTC. Then it went to 71k and technically I suppose to make 1k for each BTC. So, I made more than 1 429 000 in profit with only 5 million. If you get almost 1.5 million with 5 million in a short period,,, it’s not bad right? Now let’s say, BTC went down to 69.5k, I lost 500$ for each BTC. So I lost 1429*500, that means more than 0.715 million. So I still have something like 4.285 million left. Nothing to worry, right? What if it goes to 63k? I’m losing 7k for each BTC, which is total 103 million. Now, for most retail traders, you will get margin call a lot earlier and broker / platform will keep closing out all your orders and you may lose all your deposited money or at least 50% (if they close on -50% P/L). For institutional traders or professional classified traders, broker will call, “Sir, you have negative balance in your account, please deposit 98 million or more.” Then they’ll say, “ No worries, I’m putting 495 million more to increase margin.” Either they can deposit or wait 1 month to get negative balance positive (as BTC price increases), as most brokers gives 1 month time. Now, say, is Future / Leveraged Trading for poor people or rich people? Poor people, let’s say he has only 10k and he will make a order with 100x leverage and eventually lose all his money on Margin Call. (For poor people, it’s not actual call or warning, so I would say Margin Trigger) Man! Trade with your money on spot if you don’t have much. Leveraged trading, the way you use it, is clear gambling. Either make some or lose all! #Write2earn

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Large amounts of transfers occurred on Ethereum. In the last 24 hours, three major Ethereum investors transferred 32,527 ETH to different exchanges, worth a total of approximately $109 million. These movements led to speculation about whether investors found the recent correction in Ethereum price sufficient. Large Volume Ethereum Transfers: The first transfer was made to the Kraken exchange from a wallet thought to belong to iExec RLC and contained 12,500 ETH worth $41.7 million. In the second transfer, a whale wallet sent 11,600 ETH worth $39.1 million to the Binance exchange. This wallet had previously transferred large amounts of ETH to Binance and had recently withdrawn USDT worth $80 million. The third and final transfer was made from a wallet belonging to Metalpha to Binance and contained 8,427 ETH worth $28.2 million. Speculations Continue in the Market These large volumes of transfers occurred following the decline in Ethereum's price and were interpreted in different ways by market participants. Some interpreted these moves as a sign that investors viewed the current price levels as suitable for selling. However, these transfers can also be seen as an indication of the continued interest of major investors in the Ethereum ecosystem. The Ethereum network and ETH remain important elements of the cryptocurrency market, and such major movements reflect the dynamic nature of the market. #Eth #MarketCorrection #HotTrends #Write2earn #Binance

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THE RISE AND POSSIBLE FALL OF MEME COINS In 2024, memecoins were one of the best performers among speculative cryptocurrencies. However, earnings at the beginning of the year diminished with market fluctuations, increasing concern about losses among investors. Pepe and Dogwifhat Worry Their Investors The cryptocurrency market experienced a severe correction between March 18 and 19, losing more than $230 billion in value. This has led to decreased interest in memecoins and increased investors' doubts about their future performance. Investors are warned to be careful for altcoins such as Pepe (PEPE) and Dogwifhat (WIF). PEPE has recently surged over 500 percent, but has lost momentum and bearish risks have emerged. There is concern that without a concrete use case, PEPE may lose important support levels and experience sharp declines in value. WIF, on the other hand, has gained over 600 percent in the last 30 days, but investors may be tempted to realize their profits, which could lead to liquidity shocks and price declines. Support levels for WIF are being tested and if they cannot be maintained, a major collapse could occur. Speculative Attractiveness of Memecoins The appeal of Memecoins comes from the prospect of selling at a higher price to the next buyer, referred to as the “great fool theory.” While this situation carries high risks, it is possible for prices to rise again with the support of celebrities. During periods of increased market volatility, staying away from speculative assets such as PEPE and WIF can prevent significant losses. NB: With all this being said , I suggest personally that you buy coins with real long term value like #Sol #Eth #Btc and if in the future more money flows into the market, the meme coins would be back. They’re several other tokens with real use and value besides these one i mentioned above. So always DYOR. Good luck guys ❤️ #HotTrends #Write2earn

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Let me analyse the BTC price without chart. Imagine, you know, something gonna worth 100k in few months. Current price is 71k. Now if you get a chance to buy the same stuff at 60k, will you wait till it go 45k? Nope. Maximum you can wait till 55k. People will rush to buy at that low price. So there is a low chance that BTC will touch 45k. Do you think MS and BR, who bought BTC at price of 55k-65k on average, will be selling the coins at 45k? Answer is no! Now if you are paying with features / leverage than off course you need to be concerning about this. If you think this can ruin your life, just close the trade. Sometimes, we have to take lose for better gains. I made a post that, most dumbest things one can say “You won’t lose anything, if you don’t sell.” In fact this was never meant for trading with leverage. Yes, for long term holders or short term spot traders, it’s nothing. Short term holders know that if they hold, the price will go back to 70k. Maybe it can be quick or maybe it can take 2-3 months. For long term holders, they will hold the crypto for at-least 5 years any way. They know BTC is the next world currency as USD is dying. #HotTrends #crypro #Write2earn #BTC🔥🔥🔥🔥

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