Binance Square
LIVE
Avivi Blockchain development
@Avivi_development
Avivi is a high-tech team of blockchain developers. We've been working since 2010 and have sold services to 60 countries. We are glade to create your benefits.
A seguir
Seguidores
Gostaram
Partilharam
Todos os Conteúdos
LIVE
--
A strategy based on historical data Now I will not talk about the strategy itself, but about the tool that allows its use. Recently, I was involved in the development of an interesting product designed for trading. Its main feature is that an analysis of historical data from previous years is used to make a decision on issuing a warrant. You may not have known (or perhaps not even thought about it), but open source data is a powerful force. And whoever knows how to apply it correctly is simply doomed to success. Since any blockchain is open information, there are services that collect and process data from decentralized networks. Over the years, the archives have accumulated a lot of information about stock exchange events, which indicate the volume of transactions, external conditions, the frequency of operations, and much more. And so there were enthusiasts who decided to use this historical data to develop their own trading strategy. In fact, everything is quite simple: We analyze conditions on the stock exchange (rate, dynamics, volumes, etc.); We compare with previous indicators from a specific period of time; In case of coincidences with successful transactions, we buy or sell cryptocurrency. Of course, data analysis is important, but not decisive for decision-making. The bot developed by our team takes into account a number of other conditions of the strategy algorithm, but most of them are purely mathematical formulas. An important task was to get the necessary historical data somewhere, and after a long analysis, we chose the TradingView service. It's just a gorgeous database and APIs available for integration. The validation cycle is only a fraction of a second, after which the bot receives enough data to make an automatic choice. Our solution is designed for crypto exchanges Kraken and Coinbase, but it is not difficult to expand this list. Testing showed good results that even exceeded the expectations of customers of the cryptobot.
A strategy based on historical data
Now I will not talk about the strategy itself, but about the tool that allows its use. Recently, I was involved in the development of an interesting product designed for trading. Its main feature is that an analysis of historical data from previous years is used to make a decision on issuing a warrant.
You may not have known (or perhaps not even thought about it), but open source data is a powerful force. And whoever knows how to apply it correctly is simply doomed to success. Since any blockchain is open information, there are services that collect and process data from decentralized networks. Over the years, the archives have accumulated a lot of information about stock exchange events, which indicate the volume of transactions, external conditions, the frequency of operations, and much more.
And so there were enthusiasts who decided to use this historical data to develop their own trading strategy. In fact, everything is quite simple:
We analyze conditions on the stock exchange (rate, dynamics, volumes, etc.);
We compare with previous indicators from a specific period of time;
In case of coincidences with successful transactions, we buy or sell cryptocurrency.
Of course, data analysis is important, but not decisive for decision-making. The bot developed by our team takes into account a number of other conditions of the strategy algorithm, but most of them are purely mathematical formulas.
An important task was to get the necessary historical data somewhere, and after a long analysis, we chose the TradingView service. It's just a gorgeous database and APIs available for integration. The validation cycle is only a fraction of a second, after which the bot receives enough data to make an automatic choice.
Our solution is designed for crypto exchanges Kraken and Coinbase, but it is not difficult to expand this list. Testing showed good results that even exceeded the expectations of customers of the cryptobot.
My opinion on Polkadot's aggressive policy and its prospectsI have a lot of experience in the topics of cryptocurrencies and blockchain projects, and I can confirm one widespread thesis: if the project leads an aggressive marketing policy, in ¾ of the cases everything will end in a quick collapse. It's simple: scam projects try to attract the most funds so that their authors can then enjoy champagne on a yacht in the middle of the Pacific Ocean. Of course, there are exceptions and one of them is TON. Despite an incredibly aggressive marketing policy and a number of high-profile advertising projects, this network not only survived, but also developed a promising WEB3 ecosystem with new directions and opportunities. However, this rarely happens, and that is partly why today the world's attention is focused on Polkadot (DOT). The uproar was sparked by news of the $37 million the DOT spent recruiting new members for the current 2024 year alone. This is 300% more than was spent in all of 2023. Polkadot's active cooperation with football and other sports clubs, which received $6.8 million, is also alarming. Food companies and gambling representatives usually like this. Marketing through influence agencies ate $4.9 million, $7.9 was spent on events and conferences, including $560K on Chinese. Along with this, Polkadot's daily active users have almost tripled: from 94,400 at the beginning of 2024 to 23,300 now. Is the money wasted? I'm not an expert in marketing, so I can't judge the quality and effectiveness of DOT campaigns. However, I am well versed in technology, so I will try to guess the purpose of all these actions. For this, it is worth reminding that Polkadot is one of the few networks that can be called truly revolutionary. As we know, the DOT rewards Internet users, so to speak, for renting their "iron" that powers the network. Therefore, it is logical that when there are more users, the network will work better, or at least as it should. That is, the number of users and the quality of their equipment plays an important role for Polkadot, and such participants must not only be attracted, but also retained. However, this is not revolutionary. It's just a way of being. DOT is actually valuable from a technical point of view, as it is designed to work with two types of blockchains and allows users to create and develop their own parachains and develop their own scripts. For now, this is an invaluable resource whose true value is understood only by experienced developers and blockchain enthusiasts. And there are potential investors who contributed $200 million to Polkadot, making the network one of the most funded in the world. And here I bring you to an obvious conclusion: investors need profit, which will directly depend on the success and popularity of the system, which, in turn, directly depends on the number of users. There are not so many true connoisseurs of revolutionary offers from Polkadot (and most of them are already involved in the project).

My opinion on Polkadot's aggressive policy and its prospects

I have a lot of experience in the topics of cryptocurrencies and blockchain projects, and I can confirm one widespread thesis: if the project leads an aggressive marketing policy, in ¾ of the cases everything will end in a quick collapse. It's simple: scam projects try to attract the most funds so that their authors can then enjoy champagne on a yacht in the middle of the Pacific Ocean. Of course, there are exceptions and one of them is TON. Despite an incredibly aggressive marketing policy and a number of high-profile advertising projects, this network not only survived, but also developed a promising WEB3 ecosystem with new directions and opportunities. However, this rarely happens, and that is partly why today the world's attention is focused on Polkadot (DOT).
The uproar was sparked by news of the $37 million the DOT spent recruiting new members for the current 2024 year alone. This is 300% more than was spent in all of 2023. Polkadot's active cooperation with football and other sports clubs, which received $6.8 million, is also alarming. Food companies and gambling representatives usually like this. Marketing through influence agencies ate $4.9 million, $7.9 was spent on events and conferences, including $560K on Chinese.
Along with this, Polkadot's daily active users have almost tripled: from 94,400 at the beginning of 2024 to 23,300 now. Is the money wasted?
I'm not an expert in marketing, so I can't judge the quality and effectiveness of DOT campaigns. However, I am well versed in technology, so I will try to guess the purpose of all these actions. For this, it is worth reminding that Polkadot is one of the few networks that can be called truly revolutionary.
As we know, the DOT rewards Internet users, so to speak, for renting their "iron" that powers the network. Therefore, it is logical that when there are more users, the network will work better, or at least as it should. That is, the number of users and the quality of their equipment plays an important role for Polkadot, and such participants must not only be attracted, but also retained.
However, this is not revolutionary. It's just a way of being. DOT is actually valuable from a technical point of view, as it is designed to work with two types of blockchains and allows users to create and develop their own parachains and develop their own scripts. For now, this is an invaluable resource whose true value is understood only by experienced developers and blockchain enthusiasts. And there are potential investors who contributed $200 million to Polkadot, making the network one of the most funded in the world.
And here I bring you to an obvious conclusion: investors need profit, which will directly depend on the success and popularity of the system, which, in turn, directly depends on the number of users. There are not so many true connoisseurs of revolutionary offers from Polkadot (and most of them are already involved in the project).
July starts in a few days and this is a rather favorable event for Bitcoin. Historically, even during critical falls, the coin felt the best in July. Currently, most experts who have looked at the charts and studied the cycles in detail believe that the rate of $58K is the limit and cannot be lower. I also share these thoughts, but I get more optimism not from the publications of experts, but from the contemplation of the “Supply in Profit” indicator, which shows the percentage of circulating supply of BTC that is in a profitable position. The indicator quite accurately conveys the situation in the market and helps to determine the change from a bull market to a bear market and vice versa. The chart contains a long-term moving average of 1,500 DMA and a standard deviation of 1 SD. Of course, the indicator is not always above 90%. In the difficult periods of 2017 and 2021, deep corrections were observed. In general, the cycle here is set to every 4 years. This year there were two corrections at once: the first in May -23.4% and the second a little later -16%. If we compare these phenomena with the previous ones, then we can really assume the end of the bull market in 2-3 weeks. With high probability, it can be said when “Supply in Profit” drops below +0.4 SD/ Therefore, the beginning of July or its middle can really become hot not only in terms of weather. Let's hope for the best!
July starts in a few days and this is a rather favorable event for Bitcoin. Historically, even during critical falls, the coin felt the best in July. Currently, most experts who have looked at the charts and studied the cycles in detail believe that the rate of $58K is the limit and cannot be lower.
I also share these thoughts, but I get more optimism not from the publications of experts, but from the contemplation of the “Supply in Profit” indicator, which shows the percentage of circulating supply of BTC that is in a profitable position.
The indicator quite accurately conveys the situation in the market and helps to determine the change from a bull market to a bear market and vice versa. The chart contains a long-term moving average of 1,500 DMA and a standard deviation of 1 SD. Of course, the indicator is not always above 90%. In the difficult periods of 2017 and 2021, deep corrections were observed. In general, the cycle here is set to every 4 years.
This year there were two corrections at once: the first in May -23.4% and the second a little later -16%. If we compare these phenomena with the previous ones, then we can really assume the end of the bull market in 2-3 weeks. With high probability, it can be said when “Supply in Profit” drops below +0.4 SD/
Therefore, the beginning of July or its middle can really become hot not only in terms of weather. Let's hope for the best!
What do I think about stealing from OKX?For more than 5 years, my BeFund team has been developing for blockchain and WEB3, and we are constantly dealing with data security. During this time, we always come back to the same thought: "Someone comes up with a better cat, but someone else always comes up with a better mouse." So I'm not surprised at all. It`s known about the theft of more than $11M from various accounts of customers of the crypto exchange. According to one of the most common versions, this became possible due to the forgery of documents with the subsequent hacking of accounts and obtaining new API keys. The incident caused panic and mass distrust among users, who withdrew more than $630 million of their own funds from OKX. This put the exchange in a difficult, if not catastrophic, position. The position of OKX remains unclear: on the one hand, they confirmed the fact of hacking and theft, on the other hand, they avoid publicizing the real reasons for the incident. The crypto exchange refutes rumors about the unreliability of verification tools, including Google Authenticator and SMS verification. Meanwhile, many experts believe that everything happened precisely because the attackers intercepted a short message for the user. Could hackers forge documents and fool the facial recognition system with the help of Artificial Intelligence? Well, we live in a very interesting time, when neural networks are already capable of creating miracles that are not known to the general public. Information is now spreading about the problems found on the eve of the theft in the security system of OKX accounts, to which the crypto exchange did not react in time. However, my point is quite simple: any exchange only offers custodial crypto wallets, which already increases the risks of losing your digital assets. Some provide better protection, some worse, but since you do not personally control the private keys, you can never be sure that they will not fall into the hands of criminals. The only advice I can give in this situation is never put all your eggs in one basket. https://www.befund.finance/ #OKX

What do I think about stealing from OKX?

For more than 5 years, my BeFund team has been developing for blockchain and WEB3, and we are constantly dealing with data security. During this time, we always come back to the same thought: "Someone comes up with a better cat, but someone else always comes up with a better mouse." So I'm not surprised at all.
It`s known about the theft of more than $11M from various accounts of customers of the crypto exchange. According to one of the most common versions, this became possible due to the forgery of documents with the subsequent hacking of accounts and obtaining new API keys. The incident caused panic and mass distrust among users, who withdrew more than $630 million of their own funds from OKX. This put the exchange in a difficult, if not catastrophic, position.
The position of OKX remains unclear: on the one hand, they confirmed the fact of hacking and theft, on the other hand, they avoid publicizing the real reasons for the incident. The crypto exchange refutes rumors about the unreliability of verification tools, including Google Authenticator and SMS verification. Meanwhile, many experts believe that everything happened precisely because the attackers intercepted a short message for the user.
Could hackers forge documents and fool the facial recognition system with the help of Artificial Intelligence? Well, we live in a very interesting time, when neural networks are already capable of creating miracles that are not known to the general public.
Information is now spreading about the problems found on the eve of the theft in the security system of OKX accounts, to which the crypto exchange did not react in time. However, my point is quite simple: any exchange only offers custodial crypto wallets, which already increases the risks of losing your digital assets. Some provide better protection, some worse, but since you do not personally control the private keys, you can never be sure that they will not fall into the hands of criminals. The only advice I can give in this situation is never put all your eggs in one basket. https://www.befund.finance/
#OKX
Powerful infestors have secured spot trades for Ethereum After nine years of waiting and months of intense news monitoring, the issue of $ETH issuers has been resolved. For now, this is a small victory that gives hope for big changes. After the fight between the SEC and $BTC, a number of investment companies received permission to place Ethereum spot ETFs in the US. An exchange-traded fund (ETF) is listed on stock exchanges and allows investors to buy stocks that reflect the true price of companies, gold, securities, foreign currencies and, now, cryptocurrencies. After Bitcoin, Ethereum has become the second digital asset available on the exchange, as well as the second in the world in terms of value capitalization.  It will be possible to buy spot ETF Ethereum by the end of 2024 after all the necessary documents have been approved. However, humanity has waited too long not to wait a little longer. 11 companies became the issuers: BlackRock is the largest asset manager in the world and a management position that sees tokenization as the future; Grayscale is a leading promoter of Bitcoin ETF trading, aiming to develop Ethereum ETFs as well; ARK Invest — was one of the initiators of filing an application with the SEC; Fidelity — plans to start trading this November; VanEck — offered to do it as early as 2021, for some reason took the application, but returned it again; Hashdex — already has several ETFs for Brazil, but wants the same in the US; Franklin Templeton is a Wall Street giant who understands the importance of cryptocurrencies; Invesco is a trading giant that will list Galaxy Digital partners as its agent; Bitwise — Only joined the bids in March, but knows what others are doing.  Interest in Ethereum spot ETFs is only growing, which inspires hope for the strengthening of ETH and the inflow of capital for the development of the blockchain. So stay tuned for news and of course the Ethereum price! #ETH #BTC #SEC
Powerful infestors have secured spot trades for Ethereum

After nine years of waiting and months of intense news monitoring, the issue of $ETH issuers has been resolved. For now, this is a small victory that gives hope for big changes. After the fight between the SEC and $BTC, a number of investment companies received permission to place Ethereum spot ETFs in the US. An exchange-traded fund (ETF) is listed on stock exchanges and allows investors to buy stocks that reflect the true price of companies, gold, securities, foreign currencies and, now, cryptocurrencies. After Bitcoin, Ethereum has become the second digital asset available on the exchange, as well as the second in the world in terms of value capitalization. 
It will be possible to buy spot ETF Ethereum by the end of 2024 after all the necessary documents have been approved. However, humanity has waited too long not to wait a little longer. 11 companies became the issuers: BlackRock is the largest asset manager in the world and a management position that sees tokenization as the future; Grayscale is a leading promoter of Bitcoin ETF trading, aiming to develop Ethereum ETFs as well; ARK Invest — was one of the initiators of filing an application with the SEC; Fidelity — plans to start trading this November; VanEck — offered to do it as early as 2021, for some reason took the application, but returned it again; Hashdex — already has several ETFs for Brazil, but wants the same in the US; Franklin Templeton is a Wall Street giant who understands the importance of cryptocurrencies; Invesco is a trading giant that will list Galaxy Digital partners as its agent; Bitwise — Only joined the bids in March, but knows what others are doing. 
Interest in Ethereum spot ETFs is only growing, which inspires hope for the strengthening of ETH and the inflow of capital for the development of the blockchain. So stay tuned for news and of course the Ethereum price!
#ETH #BTC #SEC
While the US government opposes cryptocurrencies, a probably new government is becoming a cryptocurrency One of the "hot" topics today is another attempt by the SEC to prevent the penetration of cryptocurrencies into American society. Therefore, against this background, the news from the presidential candidate Donald Trump sounds especially loud. The outrageous politician has dramatically changed his opinion about crypto-assets and blockchain in general. Back in 2019, Trump spoke negatively about cryptocurrencies and saw them as a threat to the US economy. During his presidential tenure, he simply ignored these issues. However, a presidential candidate recently spoke out in support of cryptocurrencies. True, against the background of criticism of the policy of his opponent Joe Biden and the actions of his administration, as well as the results of the latest public opinion polls in America. It turned out that a significant part of the potential electorate has already purchased various cryptocurrencies, which means that their feelings can be played on. Is Donald Trump sincere in his position and should we expect positive developments in the issue of cryptocurrencies in case of his victory? The answer is 50/50, which cannot be considered either positive or negative. Politicians always say only what is beneficial to them at a specific moment in time. However, Donald Trump has one characteristic that adds to optimism. Not only does he have 431,018 ETH ($1.3M), 374,724 WETH ($1.3M), and $750K in various memecoins — he himself is the TRUMP cryptocurrency, with almost $6 million stored in it! Of course, this is not the largest amount of money for a world-class politician, but the very presence of crypto-assets in Trump demonstrates his loyalty to blockchain technology. I do not provide financial advice to buy TRUMP or vote for a candidate in an election. However, the degree of confrontation between the SEC and numerous cryptocurrencies is increasing, and there can only be one winner in this battle.
While the US government opposes cryptocurrencies, a probably new government is becoming a cryptocurrency

One of the "hot" topics today is another attempt by the SEC to prevent the penetration of cryptocurrencies into American society. Therefore, against this background, the news from the presidential candidate Donald Trump sounds especially loud. The outrageous politician has dramatically changed his opinion about crypto-assets and blockchain in general.
Back in 2019, Trump spoke negatively about cryptocurrencies and saw them as a threat to the US economy. During his presidential tenure, he simply ignored these issues. However, a presidential candidate recently spoke out in support of cryptocurrencies. True, against the background of criticism of the policy of his opponent Joe Biden and the actions of his administration, as well as the results of the latest public opinion polls in America. It turned out that a significant part of the potential electorate has already purchased various cryptocurrencies, which means that their feelings can be played on.
Is Donald Trump sincere in his position and should we expect positive developments in the issue of cryptocurrencies in case of his victory? The answer is 50/50, which cannot be considered either positive or negative. Politicians always say only what is beneficial to them at a specific moment in time.
However, Donald Trump has one characteristic that adds to optimism. Not only does he have 431,018 ETH ($1.3M), 374,724 WETH ($1.3M), and $750K in various memecoins — he himself is the TRUMP cryptocurrency, with almost $6 million stored in it! Of course, this is not the largest amount of money for a world-class politician, but the very presence of crypto-assets in Trump demonstrates his loyalty to blockchain technology. I do not provide financial advice to buy TRUMP or vote for a candidate in an election. However, the degree of confrontation between the SEC and numerous cryptocurrencies is increasing, and there can only be one winner in this battle.
How much could Bitcoin be worth in 2025? We often see various forecasts, the basis of which is someone's assumption: "it can be like that because it could be like that." I will try to make a prediction based on certain Bitcoin rules that I have observed since the coin was launched. And make a forecast based on them. There are four such rules: Bitcoin's bullish and bearish cycles alternate every 4 years. This always happens. The bull market takes 1.5 years, the rest of the time the bear market lasts. This was the case in 2012-2013, 2016-2017 and 2020-2021. After the halving, the market starts to grow, but not immediately. It starts a month after the event and continues steadily for the next six months. So in the near future you will be able to verify this rule yourself. A bear market has its own bottom points, 1 or 2. Then the value drops by 70%, and in the case of the second deep — 90%. For example, last year the lowest point was $15,400, and today the value already exceeds $64K; A year after the halving, the coin could increase in price 2000-3000 times over the next 1-2 years. Thus, if you take the described rules as a basis, you can try to make a forecast for 2025. A substitution of current indicators shows a value of $200,000 for 1 Bitcoin in the middle of 2025. In my opinion, this is a very good prediction and I would like it to come true. And you? #BTC #2025
How much could Bitcoin be worth in 2025?
We often see various forecasts, the basis of which is someone's assumption: "it can be like that because it could be like that." I will try to make a prediction based on certain Bitcoin rules that I have observed since the coin was launched. And make a forecast based on them. There are four such rules:
Bitcoin's bullish and bearish cycles alternate every 4 years. This always happens. The bull market takes 1.5 years, the rest of the time the bear market lasts. This was the case in 2012-2013, 2016-2017 and 2020-2021.
After the halving, the market starts to grow, but not immediately. It starts a month after the event and continues steadily for the next six months. So in the near future you will be able to verify this rule yourself.
A bear market has its own bottom points, 1 or 2. Then the value drops by 70%, and in the case of the second deep — 90%. For example, last year the lowest point was $15,400, and today the value already exceeds $64K;
A year after the halving, the coin could increase in price 2000-3000 times over the next 1-2 years.
Thus, if you take the described rules as a basis, you can try to make a forecast for 2025. A substitution of current indicators shows a value of $200,000 for 1 Bitcoin in the middle of 2025. In my opinion, this is a very good prediction and I would like it to come true. And you?
#BTC #2025
Are you afraid to invest in cryptocurrencies in 2024? Those who say "no", do not be offended, but I do not believe: the fear of the unknown is natural and normal. However, it is impossible to be constantly in fear, because you can be afraid all your life. Even the most experienced investors are not 100% sure of their next choice because this world is extremely volatile. However, today we can look back and see which investments were extremely profitable and profitable: Bitcoin $BTC was the best buy of 2011; Ethereum $ETH — assets purchased in 2016 are the most profitable; BNB $BNB — those who bought coins in 2017 are the happiest; Shiba Inu Coin $SHIB — if in 2019 it was bought for a laugh, today it is a rich man's laugh; Pepe $PEPE — shame on those who didn't buy the 2023 coin. Completely different cryptocurrencies with their own interesting stories and features. But everyone has one thing in common: they flew "to the moon" and someone who was not afraid certainly made millions from it. So don't be afraid — build your investment portfolio from different currencies and hope for success! #bitcoin #ethereum #bnb #shiba #pepe
Are you afraid to invest in cryptocurrencies in 2024?
Those who say "no", do not be offended, but I do not believe: the fear of the unknown is natural and normal. However, it is impossible to be constantly in fear, because you can be afraid all your life. Even the most experienced investors are not 100% sure of their next choice because this world is extremely volatile.
However, today we can look back and see which investments were extremely profitable and profitable:
Bitcoin $BTC was the best buy of 2011;
Ethereum $ETH — assets purchased in 2016 are the most profitable;
BNB $BNB — those who bought coins in 2017 are the happiest;
Shiba Inu Coin $SHIB — if in 2019 it was bought for a laugh, today it is a rich man's laugh;
Pepe $PEPE — shame on those who didn't buy the 2023 coin.
Completely different cryptocurrencies with their own interesting stories and features. But everyone has one thing in common: they flew "to the moon" and someone who was not afraid certainly made millions from it. So don't be afraid — build your investment portfolio from different currencies and hope for success!
#bitcoin #ethereum #bnb #shiba #pepe
How much should be invested in Menta to get $10,000,000? I offer 10 real examples from the history of various cryptocurrencies: 1. By investing only $70 in Shiba, you would have made a profit of $10M in just 6 and a half months. 2. PEPE with an initial investment of $19.5K achieved a target profit of $10M within 10 months. 3. Ethereum with a starting capital of $2,750 earned $10M in three years. 4. Ripple coins, whose principal amount is $7000, became $10M in revenue after three years. 5. A $4,000 Litecoin investment took five years to turn into $10M. 6. $5.5K in ADA turned into $10M after five years. 7. EOS currency, $4000 investment grew to $10M in four years. 8. TRX coins, starting at $2000, became worth $10M in seven years. 9. Monero, whose principal debt is only $1,400, has grown to $10M in six years. 10. Bitcoin: An investment of nearly $7K turned into a whopping $10M profit after eight years. As you can see, some have become millionaires through luck, timely investment and lack of fear. Let these individual stories motivate you to explore the cryptocurrency market.
How much should be invested in Menta to get $10,000,000? I offer 10 real examples from the history of various cryptocurrencies:

1. By investing only $70 in Shiba, you would have made a profit of $10M in just 6 and a half months.
2. PEPE with an initial investment of $19.5K achieved a target profit of $10M within 10 months.
3. Ethereum with a starting capital of $2,750 earned $10M in three years.
4. Ripple coins, whose principal amount is $7000, became $10M in revenue after three years.
5. A $4,000 Litecoin investment took five years to turn into $10M.
6. $5.5K in ADA turned into $10M after five years.
7. EOS currency, $4000 investment grew to $10M in four years.
8. TRX coins, starting at $2000, became worth $10M in seven years.
9. Monero, whose principal debt is only $1,400, has grown to $10M in six years.
10. Bitcoin: An investment of nearly $7K turned into a whopping $10M profit after eight years.

As you can see, some have become millionaires through luck, timely investment and lack of fear. Let these individual stories motivate you to explore the cryptocurrency market.
On Monday, it becomes clear: Bitcoin stops running wild and significant growth is possible. The weekly chart that closed today shows an upward trend line typical of an early bullish market. It gives hope that the price will start to rise after the incredible drop from an all-time high of $73.6K to a humiliating $64K. However, many market experts are concerned about the cross line. The divergence of long and short forces gives hope, but cannot provide unambiguous confirmation of future rapid growth. There is also some fear of course correction. Unfortunately, the current state of the market also makes it impossible to predict what changes will definitely occur in the near future. Personally, I believe that everything necessary for the further course has already been done. You may have to wait about a week, during which minor reductions are possible. But this is, so to speak, acceleration before the next further jump. I also draw attention to the fact that against the background of fluctuations in the BTC rate, many people have directed their resources into numerous altcoins and especially Ethereum. Therefore, at the time of the last fall, almost everyone was trapped: the Bitcoin rate affected other cryptocurrencies and devalued their coins. Obviously, if the majority invested in BTC and not other tokens, the situation would be completely different. Don't forget that Halving 2024 is just around the corner, so you should already expect a significant increase in the value of cryptocurrency. I believe that everything is going exactly to this and there will be no more significant subsidence. But I emphasize: this is purely my opinion, which is not financial advice. You should rely only on your own experience and intuition to make decisions whether to buy or sell Bitcoin. And a little on signals. #bitcoin #blockchain #CryptoNews🚀🔥 #CryptoEducation💡🚀 #BlockchainDev
On Monday, it becomes clear: Bitcoin stops running wild and significant growth is possible. The weekly chart that closed today shows an upward trend line typical of an early bullish market. It gives hope that the price will start to rise after the incredible drop from an all-time high of $73.6K to a humiliating $64K.
However, many market experts are concerned about the cross line. The divergence of long and short forces gives hope, but cannot provide unambiguous confirmation of future rapid growth. There is also some fear of course correction. Unfortunately, the current state of the market also makes it impossible to predict what changes will definitely occur in the near future.
Personally, I believe that everything necessary for the further course has already been done. You may have to wait about a week, during which minor reductions are possible. But this is, so to speak, acceleration before the next further jump.
I also draw attention to the fact that against the background of fluctuations in the BTC rate, many people have directed their resources into numerous altcoins and especially Ethereum. Therefore, at the time of the last fall, almost everyone was trapped: the Bitcoin rate affected other cryptocurrencies and devalued their coins. Obviously, if the majority invested in BTC and not other tokens, the situation would be completely different.
Don't forget that Halving 2024 is just around the corner, so you should already expect a significant increase in the value of cryptocurrency. I believe that everything is going exactly to this and there will be no more significant subsidence. But I emphasize: this is purely my opinion, which is not financial advice. You should rely only on your own experience and intuition to make decisions whether to buy or sell Bitcoin. And a little on signals.

#bitcoin #blockchain #CryptoNews🚀🔥 #CryptoEducation💡🚀 #BlockchainDev
📉Bitcoin could fall to $58k. Swissblock analysts note that Bitcoin's rally is showing weakening momentum, which is highlighted by the negative divergence between its price and the RSI indicator. BTC could fall as much as 20% from current prices in the near future, but the uptrend will still resume. Give reactions “👍” so I can see your interest. #BitcoinHalvingMagic #bitcoin #crypto
📉Bitcoin could fall to $58k.

Swissblock analysts note that Bitcoin's rally is showing weakening momentum, which is highlighted by the negative divergence between its price and the RSI indicator.
BTC could fall as much as 20% from current prices in the near future, but the uptrend will still resume.

Give reactions “👍” so I can see your interest.

#BitcoinHalvingMagic #bitcoin
#crypto
When to expect $200,000+ for Bitcoin? Analysts at JMP Securities say that spot Bitcoin ETFs could see an influx of $220 billion over the next three years, meaning the price of BTC could quadruple to $280,000. JMP analysts said that "the activity (and flows) seen so far is likely still the tip of the iceberg," adding that flows will continue to rise substantially. Do you believe in similar growth until 2026? #Bitcoin #CryptoGames #blockchainDev
When to expect $200,000+ for Bitcoin?

Analysts at JMP Securities say that spot Bitcoin ETFs could see an influx of $220 billion over the next three years, meaning the price of BTC could quadruple to $280,000.

JMP analysts said that "the activity (and flows) seen so far is likely still the tip of the iceberg," adding that flows will continue to rise substantially.

Do you believe in similar growth until 2026?

#Bitcoin #CryptoGames #blockchainDev
What is the 100x coin and is it really possible to find it in 2024?If you like adventure movies about treasure hunts and are interested in cryptocurrencies, then the 100x coin theme is for you. Here, potential profit is combined with healthy excitement, which does not contradict any law and exists exclusively at the level of human mentality. But is it possible to find these mystical coins this year and how? Based on my own experience and observations, I offer my view on the situation. Let me remind you that this is not economic advice, but purely my own thoughts and strategy, according to which I would act myself. 100x coins: myth or reality? Today, tokens that have increased their original value by a hundred times or more have acquired a semi-mythical status and are perceived as something paranormal. Although earlier this was a common occurrence and the limit of one hundred times, or 10,000%, was crossed quite quickly and casually. Like everything in the world of cryptocurrencies, it started with Bitcoin: from the initial value of $0.0025 in 2010, the coin became 100x already at the beginning of the next year. And by the end of 2011, Bitcoin became 400x, because for the first time more than $1 was offered for the coin. At its past peak of $65,000, BTC can be considered a 26,000,000x coin and is currently the absolute market cap leader. Thus, the history of Bitcoin is more the exception than the rule, and later in history such large-scale examples did not occur. That's why cryptocurrency owners have started coins, the success of which is 100x+ in a less short period of time, say a year or maybe two. Over time, it became a real trend and even a kind of entertainment among traders: to see a promising token, invest in it and multiply the investment a hundred times — what is not worthy of fun? But it is not so easy to do this and for the past year 2023 there were no more than 65 such coins in the world. The forecast for the current 2024 is even less optimistic, but the search for "treasures" continues and is gaining more and more attention among users. Scam, hype and reasons for the failure of many projects Any "hot" topic almost instantly attracts swindlers who want to make the most of it. 100x coins are no exception, so this phenomenon gradually acquires more and more negative color than practical benefit. To begin with, you should understand why "before" there were much more such tokens than "now" and why today investments in "loud" projects can cost you all your savings. So the Bitcoin I already mentioned was the first. It was this cryptocurrency that set the rhythm and tone for all subsequent projects using blockchain technology. So whether we like it or not, the price of Bitcoin will always affect the rest of the altcoins. If BTC rises, its successors will also become more expensive, but not as quickly. And in the case of a collapse of the exchange rate, the value of other cryptocurrencies will "fall" tens or even hundreds of times faster. This is a modern axiom that should be reckoned with. Accordingly, electronic assets striving for success today must not just exist as a phenomenon, but create a special value that will directly affect their value now and in the future. Most scammers trying to get rich on the topic of 100x do not pay attention to the value, but appeal to the emotions of people with extra money. Their main tool is hype, which is supposed to make people feel FOMO. Such a scheme requires investment, but in all cases it works the same: ●     We invest resources in ICO and marketing; ●     We create a believable image of future success; ●     We attract investors and promise a cash cow; ●     We collect the profit and close the project. In general, this is how any scam projects work, but in the case of the 100x theme, this very lure is used here. The uproar surrounding such scams does not last long and usually falls on a period when there is an excess of money on the exchanges, for example at the beginning of a bull market. Without the extra money that people are willing to invest in entertainment or experiments, such projects simply will not survive. The other extremes are stressful times of great upheaval, when you can try to give people hope for a quick increase in funds. Although this strategy is more risky for scammers. However, it cannot be said with certainty that all 100x projects are scams. In fact, many really good startups that could have surpassed the coveted mark failed due to other reasons: errors of the authors, competition, force majeure, etc. It is also of great importance in which direction of modern technologies value is created. Today, these are Metaverses, artificial intelligence, Layer 2 cryptogames and others. Projects focused on these areas have the potential for acceleration. Where and how to look for "treasures"? As you can see, 100x coins are not fiction at all even today. However, the probability of their appearance has decreased tremendously. For confirmation, let's take the statistics of 2023 for the Top-300 coins with a positive market capitalization. Among us, as I already said, there are 65 coins of 100x. Thus, the probability of getting 10,000% profit is 32.5%. However, at the beginning of the current year, we observe an increase in the value of Bitcoin and the forecast for 100x coins is reduced to 10%-15% of the same Top-300 list. In the worst possible investment scenario (I am not taking into account the one where all options are losing), a trader should be ready to make an equal investment in 100 cryptocurrencies and lose in 99 cases. However, the profit from 1 successful deposit will cover the cost of the rest and bring profit. To increase the probability of finding exactly that 100x coin, I personally pay attention to the following indicators: ●     The token should be released after July 2022. It was then that Bitcoin completed the largest decline in history and began the journey "to the moon", which it is still on. So all previous altcoins are likely to continue to catch up with BTC by inertia and are unlikely to be able to surpass their own capabilities; ●     The offer is not traded on DEX, but on CEX. Although this is not the most important condition; ●     I pay attention to the direction of the project and its values. If token authors feed us promises and vague wording instead of concrete explanations, such coins should be avoided. Not only will there not be 100x here, but in general, a complete loss of the deposit is possible; ●     I pay attention to the economic indicators of companies or teams conducting ICOs or promoting existing coins. Their costs and counter-investments should not be too high. For the token to take off, a financial base is needed, so reinvestment in no way plays in favor of future success; ●     Too expensive offers are unacceptable for me. The higher the current value of the token, the more difficult it will be to multiply it in the future, especially by 100 times. On the other hand, it is much easier for cheap offers to gain value and achieve the desired indicators; ●     In the end, I believe in 100x coins, but I also believe in the worst investment forecast. Therefore, I always try to diversify my investment activities and never invest in just one single project. Epilogue Last year did show a reduction in the number of coins by 100x, and some projects, like Solana with 0.9%, did not live up to even the most optimistic hopes. At the same time, there is a Bonk coin that has almost reached ¾ of the required level and had the highest level of capitalization, the RATS project is actively developing, and coins related to Artificial Intelligence technologies are gaining popularity. I repeat that this is not investment advice, but I would like to offer a completely friendly advice of a different kind: never fall for the lost hope syndrome, which 99% of the time leads to a loss of capital. I hope you found it interesting. If so, please like or share this article.

What is the 100x coin and is it really possible to find it in 2024?

If you like adventure movies about treasure hunts and are interested in cryptocurrencies, then the 100x coin theme is for you. Here, potential profit is combined with healthy excitement, which does not contradict any law and exists exclusively at the level of human mentality. But is it possible to find these mystical coins this year and how? Based on my own experience and observations, I offer my view on the situation. Let me remind you that this is not economic advice, but purely my own thoughts and strategy, according to which I would act myself.
100x coins: myth or reality?
Today, tokens that have increased their original value by a hundred times or more have acquired a semi-mythical status and are perceived as something paranormal. Although earlier this was a common occurrence and the limit of one hundred times, or 10,000%, was crossed quite quickly and casually. Like everything in the world of cryptocurrencies, it started with Bitcoin: from the initial value of $0.0025 in 2010, the coin became 100x already at the beginning of the next year. And by the end of 2011, Bitcoin became 400x, because for the first time more than $1 was offered for the coin. At its past peak of $65,000, BTC can be considered a 26,000,000x coin and is currently the absolute market cap leader.
Thus, the history of Bitcoin is more the exception than the rule, and later in history such large-scale examples did not occur. That's why cryptocurrency owners have started coins, the success of which is 100x+ in a less short period of time, say a year or maybe two. Over time, it became a real trend and even a kind of entertainment among traders: to see a promising token, invest in it and multiply the investment a hundred times — what is not worthy of fun? But it is not so easy to do this and for the past year 2023 there were no more than 65 such coins in the world. The forecast for the current 2024 is even less optimistic, but the search for "treasures" continues and is gaining more and more attention among users.
Scam, hype and reasons for the failure of many projects
Any "hot" topic almost instantly attracts swindlers who want to make the most of it. 100x coins are no exception, so this phenomenon gradually acquires more and more negative color than practical benefit. To begin with, you should understand why "before" there were much more such tokens than "now" and why today investments in "loud" projects can cost you all your savings.
So the Bitcoin I already mentioned was the first. It was this cryptocurrency that set the rhythm and tone for all subsequent projects using blockchain technology. So whether we like it or not, the price of Bitcoin will always affect the rest of the altcoins. If BTC rises, its successors will also become more expensive, but not as quickly. And in the case of a collapse of the exchange rate, the value of other cryptocurrencies will "fall" tens or even hundreds of times faster. This is a modern axiom that should be reckoned with.
Accordingly, electronic assets striving for success today must not just exist as a phenomenon, but create a special value that will directly affect their value now and in the future. Most scammers trying to get rich on the topic of 100x do not pay attention to the value, but appeal to the emotions of people with extra money. Their main tool is hype, which is supposed to make people feel FOMO. Such a scheme requires investment, but in all cases it works the same:
●     We invest resources in ICO and marketing;
●     We create a believable image of future success;
●     We attract investors and promise a cash cow;
●     We collect the profit and close the project.
In general, this is how any scam projects work, but in the case of the 100x theme, this very lure is used here. The uproar surrounding such scams does not last long and usually falls on a period when there is an excess of money on the exchanges, for example at the beginning of a bull market. Without the extra money that people are willing to invest in entertainment or experiments, such projects simply will not survive. The other extremes are stressful times of great upheaval, when you can try to give people hope for a quick increase in funds. Although this strategy is more risky for scammers.
However, it cannot be said with certainty that all 100x projects are scams. In fact, many really good startups that could have surpassed the coveted mark failed due to other reasons: errors of the authors, competition, force majeure, etc. It is also of great importance in which direction of modern technologies value is created. Today, these are Metaverses, artificial intelligence, Layer 2 cryptogames and others. Projects focused on these areas have the potential for acceleration.
Where and how to look for "treasures"?
As you can see, 100x coins are not fiction at all even today. However, the probability of their appearance has decreased tremendously. For confirmation, let's take the statistics of 2023 for the Top-300 coins with a positive market capitalization. Among us, as I already said, there are 65 coins of 100x. Thus, the probability of getting 10,000% profit is 32.5%. However, at the beginning of the current year, we observe an increase in the value of Bitcoin and the forecast for 100x coins is reduced to 10%-15% of the same Top-300 list.
In the worst possible investment scenario (I am not taking into account the one where all options are losing), a trader should be ready to make an equal investment in 100 cryptocurrencies and lose in 99 cases. However, the profit from 1 successful deposit will cover the cost of the rest and bring profit.
To increase the probability of finding exactly that 100x coin, I personally pay attention to the following indicators:
●     The token should be released after July 2022. It was then that Bitcoin completed the largest decline in history and began the journey "to the moon", which it is still on. So all previous altcoins are likely to continue to catch up with BTC by inertia and are unlikely to be able to surpass their own capabilities;
●     The offer is not traded on DEX, but on CEX. Although this is not the most important condition;
●     I pay attention to the direction of the project and its values. If token authors feed us promises and vague wording instead of concrete explanations, such coins should be avoided. Not only will there not be 100x here, but in general, a complete loss of the deposit is possible;
●     I pay attention to the economic indicators of companies or teams conducting ICOs or promoting existing coins. Their costs and counter-investments should not be too high. For the token to take off, a financial base is needed, so reinvestment in no way plays in favor of future success;
●     Too expensive offers are unacceptable for me. The higher the current value of the token, the more difficult it will be to multiply it in the future, especially by 100 times. On the other hand, it is much easier for cheap offers to gain value and achieve the desired indicators;
●     In the end, I believe in 100x coins, but I also believe in the worst investment forecast. Therefore, I always try to diversify my investment activities and never invest in just one single project.
Epilogue
Last year did show a reduction in the number of coins by 100x, and some projects, like Solana with 0.9%, did not live up to even the most optimistic hopes. At the same time, there is a Bonk coin that has almost reached ¾ of the required level and had the highest level of capitalization, the RATS project is actively developing, and coins related to Artificial Intelligence technologies are gaining popularity. I repeat that this is not investment advice, but I would like to offer a completely friendly advice of a different kind: never fall for the lost hope syndrome, which 99% of the time leads to a loss of capital. I hope you found it interesting. If so, please like or share this article.
We developed a cryptogame: who needs it, what's new and how to make money from it?On Saturday, March 3, the new Magic Animal crypto game was launched. I am a member of the team of authors, who knows this project from the very beginning of the idea. Now I would like to share my thoughts and some interesting points, as well as talk about modern cryptogaming in general. It will be useful for developers, investors, and people interested in blockchain and games. Let's start! The specifics of cryptogames First of all, I have to say that this is already the fifth cryptogame in the development of which I participate. In the past, my team and I have done space race projects, restaurant owner simulator, and fantasy projects. Magic Animal, despite the name, has nothing to do with the world of fantasy, but is a zoo simulator and will definitely appeal to everyone who loves the Tamagotchi theme: pet care, timely feeding, etc. However, in the modern game industry there are already enough projects for every taste. Games with incredibly realistic graphics or complex mechanics, different genres and themes that can keep fans glued to their gadgets for years, even small games on smart bracelets that allow you to pass the time - it's all there. Crypto games are not distinguished by unique plots or visual charms and do not offer players anything new from the technical side. After all, the only thing that really distinguishes such games from others is the use of decentralized networks for data storage and transactions. But at the same time, this is precisely why such projects are successful. According to statistics, the number of active projects in the field of crypto gaming increased by 780% in 2023 alone! Primitive casinos and other gambling games are being replaced by projects with a truly unique plot. And although the "roguelike" genre is the most popular among new solutions, there are other genres that adapt to the game model. The main question remains how cryptocurrency is used here — an integral component of any crypto game. Already today, large companies are talking about the future fusion of WEB 3.0 with the world of metauniverses, where cryptocurrency will play a major role for calculations. However, while game developers are working on methods that involve attracting cryptocurrency to the project and increasing transactions. And those who manage to find a balance between plot and profit become the kings of P2E. The plot of Magic Animal In our last project, we did not set a goal to create something fundamentally new: cryptogames where players are engaged in the development of their "farm" is a fairly common phenomenon. We have set ourselves the goal, first of all, to create favorable investment conditions in order to provide our clients with the opportunity of a tangible reward for playing time. In fact, it was not an easy task, because it required more attention to game logic.   So the Magic Animal player becomes the owner of a zoo where 13 different animals can live at the same time. The list includes meerkat, capybara, peacock, ostrich, tapir, panda, gazelle, otter, koala, pelican, giraffe, beaver and hippopotamus. Animals are divided into categories that become available during the development of the zoo. Each subsequent animal is worth more money (2 in-game currencies “cookies” and “coins” are available), but at the same time has a higher ROI. The vast majority of such games have a common strategy: we increase the number of lower-order units, which generate more resources for us to purchase higher-order units. So we decided to change this very dependency and save players from spending a lot of time on monotonous resource farming. According to the unofficial law of world balance, in order to get something, you must be ready to sacrifice something. Our team understood that a certain system of game values is necessary, which will keep the attention of players and require a responsible attitude to the process. And this system was suggested by nature itself: all animals in captivity require care and feeding. Pets in Magic Animal should also be fed at standard intervals. The animal can die if the player forgets about it, and under the terms of the game, it is no longer possible to buy a new pet or "resurrect" an old one. The loss of an animal will significantly reduce the level of income, so you cannot forget about them. Another feature of Magic Animal is an additional opportunity to earn "cookies" - to organize competitions. We assure you that no animal suffers in such activities, as they do not need to fight or run forward. The winner is determined randomly among the participants of the competition and receives a total bank from the funds contributed by the players for participation. Such opportunities always make the game more interesting and dynamic. Technical features Magic Animal uses a Binance Smart Chain smart contract built on Solidity. The game has received the results of two audits from independent expert companies and meets all safety requirements for players. The speed and adaptability of the application is provided by the React solution. To enter the game, you should use your own MetaMask, after which the player gets access to all the elements of the dApp. Credit to a personal account and withdrawal of cryptocurrency takes place in BNB. Unlike other similar projects, Magic Animal allows you to collect the generated game currency at any convenient time. Likewise, you can always take part in animal competitions, provided you have enough coins to pay the fee - "tickets" worth from 10 to 500 coins are available. After the automatic determination of the winner, you can try your luck again. The smart contract determines the cost of feed for the animal, which is 0.9% of its total cost. You need to feed your pet at least once every three days. Feeding takes place within a single popup, which also displays a timer until the next feeding time. The possibility of automating the maintenance process is deliberately not foreseen. Another feature of the game is the loyal referral system. We are ready to generously reward everyone who recommends the game to friends, so we give a bonus of 7% "cookies" and 3% coins from the contribution of each invited player. In addition, the smart contract accrues another 2% "cookies" and 0.9% "coins" for each player that your player attracts. Where are the earnings in crypto games? Finally, answers to the main questions that concern investors should be given. As for the players, everything is clear: in P2E games, they convert the time spent into game profit and gradually increase the amount of invested funds. In general, such games cannot be considered a tool for stable earnings: it is, rather, a pleasant bonus. However, with significant amounts of investment and the ability to convince friends, even here you can make good money. In fact, cryptogames should be of interest to investors first, because it is a great business idea. Statistics show that attention to all games using decentralized networks is steadily growing, and therefore there will be more and more people willing to play. The most difficult thing here is not even development (although this requires the involvement of specialists with experience), but the creation of effective game mechanics and a flexible economic system. After all, any transaction in the game can potentially benefit its owners: commissions for depositing and withdrawing cryptocurrency, percentage of winnings inside the game, subscription, built-in purchases and much more - all this is just an endless field for introducing new opportunities and making a profit. So if you have a promising idea of how to make an interesting game, don't delay the implementation, because someone else will be able to take advantage of this opportunity before you.

We developed a cryptogame: who needs it, what's new and how to make money from it?

On Saturday, March 3, the new Magic Animal crypto game was launched. I am a member of the team of authors, who knows this project from the very beginning of the idea. Now I would like to share my thoughts and some interesting points, as well as talk about modern cryptogaming in general. It will be useful for developers, investors, and people interested in blockchain and games. Let's start!
The specifics of cryptogames
First of all, I have to say that this is already the fifth cryptogame in the development of which I participate. In the past, my team and I have done space race projects, restaurant owner simulator, and fantasy projects. Magic Animal, despite the name, has nothing to do with the world of fantasy, but is a zoo simulator and will definitely appeal to everyone who loves the Tamagotchi theme: pet care, timely feeding, etc.

However, in the modern game industry there are already enough projects for every taste. Games with incredibly realistic graphics or complex mechanics, different genres and themes that can keep fans glued to their gadgets for years, even small games on smart bracelets that allow you to pass the time - it's all there. Crypto games are not distinguished by unique plots or visual charms and do not offer players anything new from the technical side. After all, the only thing that really distinguishes such games from others is the use of decentralized networks for data storage and transactions. But at the same time, this is precisely why such projects are successful.
According to statistics, the number of active projects in the field of crypto gaming increased by 780% in 2023 alone! Primitive casinos and other gambling games are being replaced by projects with a truly unique plot. And although the "roguelike" genre is the most popular among new solutions, there are other genres that adapt to the game model. The main question remains how cryptocurrency is used here — an integral component of any crypto game. Already today, large companies are talking about the future fusion of WEB 3.0 with the world of metauniverses, where cryptocurrency will play a major role for calculations. However, while game developers are working on methods that involve attracting cryptocurrency to the project and increasing transactions. And those who manage to find a balance between plot and profit become the kings of P2E.
The plot of Magic Animal
In our last project, we did not set a goal to create something fundamentally new: cryptogames where players are engaged in the development of their "farm" is a fairly common phenomenon. We have set ourselves the goal, first of all, to create favorable investment conditions in order to provide our clients with the opportunity of a tangible reward for playing time. In fact, it was not an easy task, because it required more attention to game logic.

  So the Magic Animal player becomes the owner of a zoo where 13 different animals can live at the same time. The list includes meerkat, capybara, peacock, ostrich, tapir, panda, gazelle, otter, koala, pelican, giraffe, beaver and hippopotamus. Animals are divided into categories that become available during the development of the zoo. Each subsequent animal is worth more money (2 in-game currencies “cookies” and “coins” are available), but at the same time has a higher ROI.
The vast majority of such games have a common strategy: we increase the number of lower-order units, which generate more resources for us to purchase higher-order units. So we decided to change this very dependency and save players from spending a lot of time on monotonous resource farming.
According to the unofficial law of world balance, in order to get something, you must be ready to sacrifice something. Our team understood that a certain system of game values is necessary, which will keep the attention of players and require a responsible attitude to the process. And this system was suggested by nature itself: all animals in captivity require care and feeding. Pets in Magic Animal should also be fed at standard intervals. The animal can die if the player forgets about it, and under the terms of the game, it is no longer possible to buy a new pet or "resurrect" an old one. The loss of an animal will significantly reduce the level of income, so you cannot forget about them.

Another feature of Magic Animal is an additional opportunity to earn "cookies" - to organize competitions. We assure you that no animal suffers in such activities, as they do not need to fight or run forward. The winner is determined randomly among the participants of the competition and receives a total bank from the funds contributed by the players for participation. Such opportunities always make the game more interesting and dynamic.
Technical features
Magic Animal uses a Binance Smart Chain smart contract built on Solidity. The game has received the results of two audits from independent expert companies and meets all safety requirements for players. The speed and adaptability of the application is provided by the React solution. To enter the game, you should use your own MetaMask, after which the player gets access to all the elements of the dApp. Credit to a personal account and withdrawal of cryptocurrency takes place in BNB.
Unlike other similar projects, Magic Animal allows you to collect the generated game currency at any convenient time. Likewise, you can always take part in animal competitions, provided you have enough coins to pay the fee - "tickets" worth from 10 to 500 coins are available. After the automatic determination of the winner, you can try your luck again.
The smart contract determines the cost of feed for the animal, which is 0.9% of its total cost. You need to feed your pet at least once every three days. Feeding takes place within a single popup, which also displays a timer until the next feeding time. The possibility of automating the maintenance process is deliberately not foreseen.
Another feature of the game is the loyal referral system. We are ready to generously reward everyone who recommends the game to friends, so we give a bonus of 7% "cookies" and 3% coins from the contribution of each invited player. In addition, the smart contract accrues another 2% "cookies" and 0.9% "coins" for each player that your player attracts.

Where are the earnings in crypto games?
Finally, answers to the main questions that concern investors should be given. As for the players, everything is clear: in P2E games, they convert the time spent into game profit and gradually increase the amount of invested funds. In general, such games cannot be considered a tool for stable earnings: it is, rather, a pleasant bonus. However, with significant amounts of investment and the ability to convince friends, even here you can make good money.
In fact, cryptogames should be of interest to investors first, because it is a great business idea. Statistics show that attention to all games using decentralized networks is steadily growing, and therefore there will be more and more people willing to play. The most difficult thing here is not even development (although this requires the involvement of specialists with experience), but the creation of effective game mechanics and a flexible economic system. After all, any transaction in the game can potentially benefit its owners: commissions for depositing and withdrawing cryptocurrency, percentage of winnings inside the game, subscription, built-in purchases and much more - all this is just an endless field for introducing new opportunities and making a profit. So if you have a promising idea of how to make an interesting game, don't delay the implementation, because someone else will be able to take advantage of this opportunity before you.
I’ve analyzed the experience of more than 50 successful traders and this is what happenedFirst of all, I must say: I do not consider myself a professional trader and do not want to be one, but without the skills of buying and selling electronic assets, my activity is practically impossible. I'm mostly interested in developing for blockchain, however, for project development, testing and experimentation, you need to have different cryptocurrency that you should buy accordingly, and do it right. So, in parallel with development, I began to actively research the experience of traders in order to gain additional useful skills. As a systematic and consistent person, I took notes and analyzed what I heard and saw. Therefore, after 50+ lectures from another successful trader (this is an important clarification, because every third turned out to be a scammer and fraudster), I received enough data to systematize and generalize. Of course, I do not claim to be an exclusive expert in the matter of trading, but I am just sharing with you the results of the analysis of information from people who know what they are talking about. From the first days of my acquaintance with IT as a student, I heard one phrase that is of great importance: "it doesn't work like that." And it concerned many processes and ideas: from the direction of IT-marketing, the combination of technologies, the flow of project development stages, and much more. For example, there can be no quick sale in IT. As a salesperson, you can't just call the first best number and sell 100 hours of website development — that's not how it works. Several meetings, meetings, approvals and review of prototypes should take place beforehand. This is what prompted me to analyze the experience of traders and try to summarize how it works in the field of cryptocurrency trading. So now I offer you the five most frequently repeated statements about which experienced players on crypto exchanges: You will get the most benefit from the simplest systems. Why do many people refuse to at least try themselves in trading? The answer is also extremely simple - they find it too difficult! Even more: they do not even try to understand the issue, because they do not believe in their possibility. And I partially understand them: have you seen how many and what tools various services offer to beginners? They are supposed to help newcomers, but in reality they only discourage them. Most professionals note that for successful trading, a regular course chart and data for a certain period of time, at least one month, is enough. Likewise with diagrams: you need to come up with a simple rule of thumb and follow it, rather than inventing a complex system with many variables or (even worse) unknowns.Fibonacci was a really cool guy. This is a POV based on the frequent mention of the name of this Italian mathematician by successful traders. There is no point in talking about Fibo-tools now, since it is a subject for a whole scientific dissertation, but it is worth paying attention to the success of using Fibonacci levels in markets with a high level of volatility. The method has proven itself perfectly on the stock market, later on Forex, which is closer to the dawn of cryptocurrencies. Unfortunately, in order to use Fibo tools, you should have certain knowledge and an analytical mindset, without which it will be very difficult. After all, unlike many automated systems, here the trader has to independently determine which chart control points to choose for creating charts. Recommended key levels to watch are 0.5, 0.618 and 0.786.Understanding market cycles is the key to sustainable success. One of my favorite findings, which almost every educated expert described with particular enthusiasm. Everyone gave bright and interesting examples, but the general point comes down to extremely simple things. A price drop is always an opportunity to get more assets. As some experts say, a low exchange rate always causes fear among asset owners. So don't be afraid to buy into the fear of others, it's always cheaper. Naturally, a high rate is euphoric, which also has a strong effect on people. For you, this is, first of all, an opportunity to make money when you need to sell accumulated fears. Yes, it sounds somehow very simple, but in fact, this is what all successful people say, just in different words.The reason for all success or failure is the trader himself. Here I would like to combine two popular opinions at once: ○     The way out of any situation depends only on the decisions made by the trader himself. It does not matter what analytical services he uses or what algorithms he uses, it does not give any advantage in trading without determination and flexibility of the player's mind. Live actions in a specific situation mean more than any pattern; ○     Every trader must have a broad view of the world and its events in order to be able to correctly assess the situation. In other words, a trader must be able to find the reasons for rate fluctuations in events outside of the blockchain world in order to competently conduct his activities. And if he does not know how to do this or cannot, the reason for the loss is not in an external factor, but in the trader himself. Everything is relative. No, Einstein was not a crypto trader and has nothing to do with blockchain at all. However, in the world of trading, there is no absolute value - everything is relative. No one can know exactly what the cryptocurrency exchange rate will be in the near future. Yes, everyone can make predictions, but it is impossible to be 100% sure. No one knows how much money he will make (or lose) this month: it is possible to make a guess, but it is only a probability, not a fact. Therefore, one cannot be absolutely sure of success in trading. This generalization turned out to be the most controversial, but all 50+ experts say it directly or metaphorically. After all, confidence breeds faith, which also breeds fanaticism. This is a dangerous phenomenon, because in such a state, a person is no longer in control of the process, but vice versa. This is how those people who are blinded by the confidence of winning (for example, in gambling), the genius of an invented trading strategy, and so on, lose millions. Here, as it were, is the most important thing that I would like to share with you. I would be glad to read in the comments if you have also noticed such thoughts and statements from people you consider to be authorities in trading. As for myself, I'm listening to the results of my little research, although I still haven't mastered the Fibo-tools. But even this allows me to keep my crypto-portfolio at a sufficient level, pay all possible commissions in projects developed by me and my team, and even save for the future. I hope your success in trading will only improve!

I’ve analyzed the experience of more than 50 successful traders and this is what happened

First of all, I must say: I do not consider myself a professional trader and do not want to be one, but without the skills of buying and selling electronic assets, my activity is practically impossible. I'm mostly interested in developing for blockchain, however, for project development, testing and experimentation, you need to have different cryptocurrency that you should buy accordingly, and do it right. So, in parallel with development, I began to actively research the experience of traders in order to gain additional useful skills. As a systematic and consistent person, I took notes and analyzed what I heard and saw. Therefore, after 50+ lectures from another successful trader (this is an important clarification, because every third turned out to be a scammer and fraudster), I received enough data to systematize and generalize.
Of course, I do not claim to be an exclusive expert in the matter of trading, but I am just sharing with you the results of the analysis of information from people who know what they are talking about. From the first days of my acquaintance with IT as a student, I heard one phrase that is of great importance: "it doesn't work like that." And it concerned many processes and ideas: from the direction of IT-marketing, the combination of technologies, the flow of project development stages, and much more.
For example, there can be no quick sale in IT. As a salesperson, you can't just call the first best number and sell 100 hours of website development — that's not how it works. Several meetings, meetings, approvals and review of prototypes should take place beforehand. This is what prompted me to analyze the experience of traders and try to summarize how it works in the field of cryptocurrency trading. So now I offer you the five most frequently repeated statements about which experienced players on crypto exchanges:
You will get the most benefit from the simplest systems. Why do many people refuse to at least try themselves in trading? The answer is also extremely simple - they find it too difficult! Even more: they do not even try to understand the issue, because they do not believe in their possibility. And I partially understand them: have you seen how many and what tools various services offer to beginners? They are supposed to help newcomers, but in reality they only discourage them. Most professionals note that for successful trading, a regular course chart and data for a certain period of time, at least one month, is enough. Likewise with diagrams: you need to come up with a simple rule of thumb and follow it, rather than inventing a complex system with many variables or (even worse) unknowns.Fibonacci was a really cool guy. This is a POV based on the frequent mention of the name of this Italian mathematician by successful traders. There is no point in talking about Fibo-tools now, since it is a subject for a whole scientific dissertation, but it is worth paying attention to the success of using Fibonacci levels in markets with a high level of volatility. The method has proven itself perfectly on the stock market, later on Forex, which is closer to the dawn of cryptocurrencies. Unfortunately, in order to use Fibo tools, you should have certain knowledge and an analytical mindset, without which it will be very difficult. After all, unlike many automated systems, here the trader has to independently determine which chart control points to choose for creating charts. Recommended key levels to watch are 0.5, 0.618 and 0.786.Understanding market cycles is the key to sustainable success. One of my favorite findings, which almost every educated expert described with particular enthusiasm. Everyone gave bright and interesting examples, but the general point comes down to extremely simple things. A price drop is always an opportunity to get more assets. As some experts say, a low exchange rate always causes fear among asset owners. So don't be afraid to buy into the fear of others, it's always cheaper. Naturally, a high rate is euphoric, which also has a strong effect on people. For you, this is, first of all, an opportunity to make money when you need to sell accumulated fears. Yes, it sounds somehow very simple, but in fact, this is what all successful people say, just in different words.The reason for all success or failure is the trader himself. Here I would like to combine two popular opinions at once:
○     The way out of any situation depends only on the decisions made by the trader himself. It does not matter what analytical services he uses or what algorithms he uses, it does not give any advantage in trading without determination and flexibility of the player's mind. Live actions in a specific situation mean more than any pattern;
○     Every trader must have a broad view of the world and its events in order to be able to correctly assess the situation. In other words, a trader must be able to find the reasons for rate fluctuations in events outside of the blockchain world in order to competently conduct his activities. And if he does not know how to do this or cannot, the reason for the loss is not in an external factor, but in the trader himself.
Everything is relative. No, Einstein was not a crypto trader and has nothing to do with blockchain at all. However, in the world of trading, there is no absolute value - everything is relative. No one can know exactly what the cryptocurrency exchange rate will be in the near future. Yes, everyone can make predictions, but it is impossible to be 100% sure. No one knows how much money he will make (or lose) this month: it is possible to make a guess, but it is only a probability, not a fact. Therefore, one cannot be absolutely sure of success in trading. This generalization turned out to be the most controversial, but all 50+ experts say it directly or metaphorically. After all, confidence breeds faith, which also breeds fanaticism. This is a dangerous phenomenon, because in such a state, a person is no longer in control of the process, but vice versa. This is how those people who are blinded by the confidence of winning (for example, in gambling), the genius of an invented trading strategy, and so on, lose millions.
Here, as it were, is the most important thing that I would like to share with you. I would be glad to read in the comments if you have also noticed such thoughts and statements from people you consider to be authorities in trading. As for myself, I'm listening to the results of my little research, although I still haven't mastered the Fibo-tools. But even this allows me to keep my crypto-portfolio at a sufficient level, pay all possible commissions in projects developed by me and my team, and even save for the future. I hope your success in trading will only improve!
I do not consider myself an experienced trader, but I am constantly learning and improving my skills. To do this, I constantly listen to various lectures from really successful market experts with sky-high checks in their wallets and fast supercars in their garages. I am mostly interested in WEB 3.0 development and have an analytical mindset. That's why I don't just listen to lectures, but also constantly make notes and compare things. So now I have enough data to share with you the three most common statements from professional traders. The best skill of a trader is the ability to accurately identify a trend. If you know the direction of the price movement, you will never lose money, but only make money. In words, it's very simple: an uptrend is when each price minimum and maximum is higher than the previous one. A downtrend is when each minimum and maximum price is lower than the previous one. But in practice, it takes a lot of practice and a little talent; There is no single best system. Many interesting solutions, services and methods have been invented today. Each of them is potentially capable of bringing millions to its user. But the main question is not for the system, but rather for the user: if the solution suits him, he will be successful. But definitely not the other way around; Patience is a trader's good ally. Almost all the speakers spoke in different words about this important human quality. The ability to wait for the best price level and competently close the deal belongs only to professionals. Do not rush, do not slow down where it is not necessary, but rather calmly wait for the best moment. And what do you say? Is it possible to be successful with only these generalized statements and what else do you think a successful trader needs? Please write in the comments.
I do not consider myself an experienced trader, but I am constantly learning and improving my skills. To do this, I constantly listen to various lectures from really successful market experts with sky-high checks in their wallets and fast supercars in their garages.
I am mostly interested in WEB 3.0 development and have an analytical mindset. That's why I don't just listen to lectures, but also constantly make notes and compare things. So now I have enough data to share with you the three most common statements from professional traders.
The best skill of a trader is the ability to accurately identify a trend. If you know the direction of the price movement, you will never lose money, but only make money. In words, it's very simple: an uptrend is when each price minimum and maximum is higher than the previous one. A downtrend is when each minimum and maximum price is lower than the previous one. But in practice, it takes a lot of practice and a little talent;
There is no single best system. Many interesting solutions, services and methods have been invented today. Each of them is potentially capable of bringing millions to its user. But the main question is not for the system, but rather for the user: if the solution suits him, he will be successful. But definitely not the other way around;
Patience is a trader's good ally. Almost all the speakers spoke in different words about this important human quality. The ability to wait for the best price level and competently close the deal belongs only to professionals. Do not rush, do not slow down where it is not necessary, but rather calmly wait for the best moment.
And what do you say? Is it possible to be successful with only these generalized statements and what else do you think a successful trader needs? Please write in the comments.
What should to remember about crypto wallet keys and how we at BeFund made a non-custodial wallet #Crypto #cryptobot #cryptowallet https://www.befund.finance/2024/02/22/what-should-to-remember-about-crypto-wallet-keys-and-how-we-at-befund-made-a-non-custodial-wallet/
What should to remember about crypto wallet keys and how we at BeFund made a non-custodial wallet
#Crypto #cryptobot #cryptowallet

https://www.befund.finance/2024/02/22/what-should-to-remember-about-crypto-wallet-keys-and-how-we-at-befund-made-a-non-custodial-wallet/
“🚀 #CryptoUpdate: Ether’s surge past $2.9K signals a bullish trend, while the industry anticipates regulatory shifts and embraces innovation. Stay tuned for more as we navigate the dynamic world of #cryptocurrency. 💡 #Blockchain #Fintech”
“🚀 #CryptoUpdate: Ether’s surge past $2.9K signals a bullish trend, while the industry anticipates regulatory shifts and embraces innovation. Stay tuned for more as we navigate the dynamic world of #cryptocurrency. 💡 #Blockchain #Fintech”
And how do you learn cryptocurrency rates? Today it is difficult to imagine your life without courses on popular cryptocurrencies. How will the rate change next week? This question is always relevant in the world of digital assets, primarily due to the high volatility — the ability to quickly and significantly change the exchange rate. But have you ever wondered where and how often people check cryptocurrency rates most often? According to recent statistical data, the crypto exchange is the undisputed leader for this. This is the maximum combination of everything necessary for the average cryptocurrency owner: ●      Current value; ●      Change schedule; ●      History of change over certain periods of time; ●      Advanced statistical and analytical tools. The exchange is indeed one of the best sources for checking the exchange rate, but it should be remembered that this information is not completely free. After all, to maintain the infrastructure, crypto exchanges slightly increase transaction fees. In second place in terms of popularity are specialized applications: crypto-bots and extensions. Their biggest advantage is that they independently check the rate and show the current result instead of you. Bots for Telegram are gaining popularity, which are always available quickly and have many additional functions. I personally use such a bot myself, and my development team creates similar custom solutions. Next in popularity are small exchange services. They differ from the exchange in that they have less functionality and possible restrictions: regarding the amount of cryptocurrency, regarding the transaction execution time, etc. The advantage of such services can be a better rate for users. And aggregators close the list — specialized services with a huge amount of statistical and analytical data. Professional traders need these solutions for in-depth market analysis and even forecasting. An average person will easily break their brains. And where do you find out the exchange rate of cryptocurrencies? Write in the comments: let's see if the statistics are true
And how do you learn cryptocurrency rates?
Today it is difficult to imagine your life without courses on popular cryptocurrencies. How will the rate change next week? This question is always relevant in the world of digital assets, primarily due to the high volatility — the ability to quickly and significantly change the exchange rate.
But have you ever wondered where and how often people check cryptocurrency rates most often? According to recent statistical data, the crypto exchange is the undisputed leader for this. This is the maximum combination of everything necessary for the average cryptocurrency owner:
●      Current value;
●      Change schedule;
●      History of change over certain periods of time;
●      Advanced statistical and analytical tools.
The exchange is indeed one of the best sources for checking the exchange rate, but it should be remembered that this information is not completely free. After all, to maintain the infrastructure, crypto exchanges slightly increase transaction fees.
In second place in terms of popularity are specialized applications: crypto-bots and extensions. Their biggest advantage is that they independently check the rate and show the current result instead of you. Bots for Telegram are gaining popularity, which are always available quickly and have many additional functions. I personally use such a bot myself, and my development team creates similar custom solutions.
Next in popularity are small exchange services. They differ from the exchange in that they have less functionality and possible restrictions: regarding the amount of cryptocurrency, regarding the transaction execution time, etc. The advantage of such services can be a better rate for users.
And aggregators close the list — specialized services with a huge amount of statistical and analytical data. Professional traders need these solutions for in-depth market analysis and even forecasting. An average person will easily break their brains.
And where do you find out the exchange rate of cryptocurrencies? Write in the comments: let's see if the statistics are true
How should you track cryptocurrency rates in order to make money, or at least not get lost?Why know exchange rates? Not only cryptocurrencies, but also any other assets. This question seems obvious, but ask it spontaneously to another person and I guarantee you, you will not hear the right answer. Obviously, they will tell you: "In order to know how much money (fiat) you will receive for your cryptocurrency." Kind of right, but totally pointless: is that really the main thing you should be worried about? In fact, simply knowing the rate at a specific moment in time is nothing. But having information about previous indicators for a certain period of time is extremely valuable analytical information that will help you, at least, not to lose, and at most to earn. And now I will explain why all this is important. Before writing this article, I conducted a mini-survey among my close acquaintances who are also interested in cryptocurrency. This is an important condition, so I, for example, did not ask this question to my wife, who is only interested in the prices of branded clothes, shoes and accessories. So I asked, “Where do you learn cryptocurrency courses?” It will be fair to add that there was not a single real trader among all those interviewed. The vast majority answered "on the exchange" and since I write on Square, clarifying the name Binance will not be advertising. Although some had in mind another crypto exchange. A minority of my interlocutors mentioned other sources of obtaining information about the course, and only one, like me, found out about the course from the Telegram bot. Now let's understand the advantages and disadvantages of these methods of obtaining data. So, as I said, the survey was conducted among people who were not professional traders, that is, their main income did not depend on the success or loss of the trades. That is why these people could afford to use the simplest and most affordable method — to find out the exchange rate. I took a screenshot of the Bitcoin exchange rate while writing these lines. Here everything is as convenient and clear as possible: a chart that takes into account previous periods, value, index, trends — everything you need to understand at a glance what is happening with the rate and what the value of the coin is at the time of the check. And this is correct, because digital assets in general and cryptocurrencies in particular are characterized by high volatility - the ability to rapid and significant exchange rate fluctuations. There are many reasons for this, including geopolitical changes, market capitalization, daily trading volume and number of coins on the exchange, etc. Therefore, the exchange provides the user with the necessary maximum to quickly make a decision: to buy, sell or wait. If the decision is not related to inaction, but to action, you will always have enough arguments to determine the volume of buying or selling. However, it should not be forgotten that the greater number of provided tools is necessarily associated with the costs of maintaining their effectiveness. And each of you, lovers of crypto exchanges, will have to pay for it. Therefore, the local rate may differ significantly from other resources. Those of my acquaintances who did not name crypto-exchanges answered "exchanges", but on a smaller scale. This is also natural: people who use cryptocurrency not on a permanent basis, but for situational transfers, will not waste time on large exchanges. Many smaller services provide services for the exchange of a small amount of cryptocurrencies without providing users with in-depth information about the state of the market. Everything is simple here: came in, saw the exchange rate, exchanged. Usually, the ratio of cryptocurrencies to fiat money on such platforms is more attractive than on well-known exchanges. That's right, they can afford it. However, such services may have a number of disadvantages: transaction execution time, availability of operations related to the liquidity of the service and, in fact, honesty. After all, when we represent a large and respected stock exchange, reputation is very important to us. And if we pursue exclusively pirate interests, then only our conscience forbids us to create a scam project with attractive terms, wait for a solid transaction and appropriate all the assets for ourselves. None of those interviewed by me named aggregators as a source of information about the exchange rate of cryptocurrencies, and this is not surprising - because, as I have already said, there are no professional traders among them. Aggregator is not just a scary name, but also a complex analytical platform that only professionals need. This is mostly tabular data, where information is collected and filtered from many separate sources, there are complex algorithms for filtering and even forecasting. First of all, it is needed by people who are actively engaged in trading and need to see a broader picture of events than the crypto exchange offers. This allows not only to make decisions, but also to forecast the situation, build multi-level moves and go to the bank with confidence in further success. With the rest, we came to the last answer - specialized applications. Under this concept, I combined all possible solutions created for comfort and automation of processes, including applications, bots, extensions and others. The main point of this point: you check the exchange rate of the desired currency in a certain service on request or automatically. For example, I set up to get live rates for BTC, ETH, LTC, NON, XPR, and BNB every 2 hours (every hour is too much, and every three hours is a long time considering the volatility). Notifications are sent to the Telegram crypto-bot, where, in addition to viewing rates, you can also perform many other operations: transfers, withdrawals, staking, and more. The main advantage of such solutions is automation. After all, now you do not personally perform actions to check the course, but the programs check it for you and only show the result. Moreover, such services provide the possibility of setting up automatic transactions with many conditions. For example: buy the necessary cryptocurrency for $100, if the exchange rate is ≤ the specified amount. The developers of my company are engaged in the creation of such solutions for Telegram, so I can say that such applications are gaining more and more popularity both among professional traders and ordinary owners of digital assets. In the end, I want to give not a financial recommendation, but friendly advice about when to check the course regardless of the solutions you use. First of all, it should be done during market turmoil, when the value of cryptocurrency can change every minute. Secondly, one should pay attention to the public statements of significant personalities, for example, presidents of states, heads of global financial organizations or structures related to cryptocurrencies. Thirdly, these are important events in the economic or political situation. And the last is the statements of large investors, which can also have a significant impact on cryptocurrency rates. Be aware of changes, pay attention to side factors and reasons for changing the course, and may your activity always be successful!  

How should you track cryptocurrency rates in order to make money, or at least not get lost?

Why know exchange rates? Not only cryptocurrencies, but also any other assets. This question seems obvious, but ask it spontaneously to another person and I guarantee you, you will not hear the right answer. Obviously, they will tell you: "In order to know how much money (fiat) you will receive for your cryptocurrency." Kind of right, but totally pointless: is that really the main thing you should be worried about? In fact, simply knowing the rate at a specific moment in time is nothing. But having information about previous indicators for a certain period of time is extremely valuable analytical information that will help you, at least, not to lose, and at most to earn. And now I will explain why all this is important.
Before writing this article, I conducted a mini-survey among my close acquaintances who are also interested in cryptocurrency. This is an important condition, so I, for example, did not ask this question to my wife, who is only interested in the prices of branded clothes, shoes and accessories. So I asked, “Where do you learn cryptocurrency courses?” It will be fair to add that there was not a single real trader among all those interviewed. The vast majority answered "on the exchange" and since I write on Square, clarifying the name Binance will not be advertising. Although some had in mind another crypto exchange. A minority of my interlocutors mentioned other sources of obtaining information about the course, and only one, like me, found out about the course from the Telegram bot. Now let's understand the advantages and disadvantages of these methods of obtaining data.
So, as I said, the survey was conducted among people who were not professional traders, that is, their main income did not depend on the success or loss of the trades. That is why these people could afford to use the simplest and most affordable method — to find out the exchange rate.

I took a screenshot of the Bitcoin exchange rate while writing these lines. Here everything is as convenient and clear as possible: a chart that takes into account previous periods, value, index, trends — everything you need to understand at a glance what is happening with the rate and what the value of the coin is at the time of the check. And this is correct, because digital assets in general and cryptocurrencies in particular are characterized by high volatility - the ability to rapid and significant exchange rate fluctuations. There are many reasons for this, including geopolitical changes, market capitalization, daily trading volume and number of coins on the exchange, etc.
Therefore, the exchange provides the user with the necessary maximum to quickly make a decision: to buy, sell or wait. If the decision is not related to inaction, but to action, you will always have enough arguments to determine the volume of buying or selling. However, it should not be forgotten that the greater number of provided tools is necessarily associated with the costs of maintaining their effectiveness. And each of you, lovers of crypto exchanges, will have to pay for it. Therefore, the local rate may differ significantly from other resources.
Those of my acquaintances who did not name crypto-exchanges answered "exchanges", but on a smaller scale. This is also natural: people who use cryptocurrency not on a permanent basis, but for situational transfers, will not waste time on large exchanges. Many smaller services provide services for the exchange of a small amount of cryptocurrencies without providing users with in-depth information about the state of the market. Everything is simple here: came in, saw the exchange rate, exchanged. Usually, the ratio of cryptocurrencies to fiat money on such platforms is more attractive than on well-known exchanges. That's right, they can afford it.

However, such services may have a number of disadvantages: transaction execution time, availability of operations related to the liquidity of the service and, in fact, honesty. After all, when we represent a large and respected stock exchange, reputation is very important to us. And if we pursue exclusively pirate interests, then only our conscience forbids us to create a scam project with attractive terms, wait for a solid transaction and appropriate all the assets for ourselves.
None of those interviewed by me named aggregators as a source of information about the exchange rate of cryptocurrencies, and this is not surprising - because, as I have already said, there are no professional traders among them. Aggregator is not just a scary name, but also a complex analytical platform that only professionals need. This is mostly tabular data, where information is collected and filtered from many separate sources, there are complex algorithms for filtering and even forecasting. First of all, it is needed by people who are actively engaged in trading and need to see a broader picture of events than the crypto exchange offers. This allows not only to make decisions, but also to forecast the situation, build multi-level moves and go to the bank with confidence in further success.
With the rest, we came to the last answer - specialized applications. Under this concept, I combined all possible solutions created for comfort and automation of processes, including applications, bots, extensions and others. The main point of this point: you check the exchange rate of the desired currency in a certain service on request or automatically. For example, I set up to get live rates for BTC, ETH, LTC, NON, XPR, and BNB every 2 hours (every hour is too much, and every three hours is a long time considering the volatility). Notifications are sent to the Telegram crypto-bot, where, in addition to viewing rates, you can also perform many other operations: transfers, withdrawals, staking, and more.
The main advantage of such solutions is automation. After all, now you do not personally perform actions to check the course, but the programs check it for you and only show the result. Moreover, such services provide the possibility of setting up automatic transactions with many conditions. For example: buy the necessary cryptocurrency for $100, if the exchange rate is ≤ the specified amount. The developers of my company are engaged in the creation of such solutions for Telegram, so I can say that such applications are gaining more and more popularity both among professional traders and ordinary owners of digital assets.
In the end, I want to give not a financial recommendation, but friendly advice about when to check the course regardless of the solutions you use. First of all, it should be done during market turmoil, when the value of cryptocurrency can change every minute. Secondly, one should pay attention to the public statements of significant personalities, for example, presidents of states, heads of global financial organizations or structures related to cryptocurrencies. Thirdly, these are important events in the economic or political situation. And the last is the statements of large investors, which can also have a significant impact on cryptocurrency rates. Be aware of changes, pay attention to side factors and reasons for changing the course, and may your activity always be successful!
 
Fica a saber as últimas notícias sobre criptomoedas
⚡️ Participa nas mais recentes discussões sobre criptomoedas
💬 Interage com os teus criadores preferidos
👍 Desfruta de conteúdos que sejam do teu interesse
E-mail/Número de telefone

Últimas Notícias

--
Ver Mais
Mapa do sítio
Cookie Preferences
Termos e Condições da Plataforma