📈 🎴 AVOID BUYING AT ROUND NUMBERS 🎯

This post is quite technical but essential for understanding the market better. Read it carefully and revisit it if needed. 📚🔍

📈 Many of you likely use "Limit" orders to buy or sell your cryptos. For those unfamiliar, "Limit" orders let you buy or sell automatically at a specified price. For instance, if you want to sell 1 BTC at $68,500, you set a Limit sell order at $68,500, and it will sell your BTC once that price is reached. 💰⚙️

However, you should never place Limit orders at round numbers like $70,000, $75,000, or even $75,500. These levels are key psychological points where many others also place their orders, leading to a crowded field. This makes it harder for your order to be filled due to the large number of competing orders. 💡🔢📊

✏ For example, if there are 1,000 BTC for sale at $70,000, all these orders need to be filled before yours. But 1,000 BTC is a significant amount, and it's unlikely that there will be enough buyers at this level. If you place your order at $69,999 instead, it won't change much for you, but it will be less crowded, increasing the chance of your order being filled. 🌊

🖌 If you have questions, feel free to ask in the comments. 💬❓

🖍 These are my personal views. 🗣️ Thank you for reading. If you found it helpful, please like, comment, share, and subscribe. It helps me a lot.

💲 You can also tip me to support my efforts in educating you about the crypto market. Thank you to those who do.

BTC: 69,749.7 (-0.31%) ETH: 3,817.91 (+2.15%) SOL: 176.82 (-1.9%)

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
#BTC☀️ #BinanceLaunchpool #ETH🔥🔥🔥🔥 #SOL #pizzaday

Two Thousand Bitcoins (BTC), dormant since 2010, have started to be transferred. Bitcoin, one of the most profitable investment instruments of the past 15 years, has made early investors significantly wealthy. The leading cryptocurrency has maintained a bullish trend for years. Occasionally, early investors decide to sell their BTC holdings. Recently, Anıl Cıncık, a successful Turkish on-chain analyst, identified an investor who bought BTC in 2011 and shared the following details:

"At 22:29 CET, 2,000 Bitcoins, untouched for 13 years, were transferred and distributed to various wallets in increments of 37 BTC each. These Bitcoins, dating back to 2010, were initially held in wallets containing 50 BTC each, likely as miner rewards."

It is estimated that the transferring wallet belongs to a Bitcoin miner. While the movement of BTC that has been idle since 2010 might seem concerning, it is important to note that the amount is too small to impact Bitcoin's price significantly.
#btc70

Iranian President Ebrahim Raisi Dies: Gold, Silver, and Bitcoin React

🌍 Global Impact: The tragic helicopter crash that claimed the lives of Iranian President Ebrahim Raisi and Foreign Minister Hossein Amir-Abdollahian has sent shockwaves worldwide, influencing financial markets overnight.

Precious Metals Surge:

Gold: Gold continues its upward trend, reaching a record high of over $2,440 per ounce. 📈🏅

Silver: Following suit, silver, which surpassed $30 an ounce last week for the first time in 11 years, rose further to exceed $32. 📈✨

Bitcoin's Rollercoaster:

Initial Dip: Bitcoin briefly declined, dropping from $67,000 to $66,000 following the news. 📉💥

Subsequent Recovery: The cryptocurrency quickly rebounded, climbing back above $67,000 by morning. 📈🚀

Market Reactions Awaited: The incident's full impact on today's markets remains to be seen, with investors closely monitoring developments.
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#gold #bitcoin #BinanceLaunchpool #iranshare

In a significant move, Chinese law enforcement has dismantled an underground cryptocurrency bank 🏦 that served as a hub for illicit financial activities. Operating since January 2021, this clandestine network spanned across 26 provinces, offering services that bypassed traditional currency oversight. With a turnover exceeding $1.9 billion 💰 in USDT transactions, the bank facilitated various illegal endeavors, including smuggling, purchasing assets abroad, and engaging in tax refund fraud schemes.

The use of USDT, a stablecoin pegged to the US dollar, allowed the suspects to maneuver funds discreetly, evading detection from authorities. This crackdown sheds light on the growing concern surrounding the misuse of cryptocurrencies for illicit purposes, prompting stricter regulations and enforcement measures worldwide. Chinese authorities are sending a clear message that such illicit activities will not be tolerated, and perpetrators will face severe consequences. This event underscores the ongoing challenges in regulating the rapidly evolving landscape of digital currencies and the imperative for coordinated international efforts to combat financial crimes in the crypto sphere. 🌐🔍
#GME #PEPEATH

Galaxy Digital CEO Mike Novogratz predicts that Bitcoin 📈 will trade between $55,000 and $75,000 over the next month. He sees the market in a consolidation phase, expecting a change by the end of the second quarter. Novogratz isn't worried about decreased demand for spot Bitcoin ETFs, suggesting big players are just integrating them slowly. He also anticipates clarity on crypto regulation after the US presidential elections 🇺🇸.

Check out these top 15 cryptos that could skyrocket your wealth in 2024-2025:

Pikamoon (PIKA)

Avalanche (AVAX)

Chainlink (LINK)

Ethereum (ETH)

Ripple (XRP)

Solana (SOL)

Clearpool (CPOOL)

Kava (KAVA)

Idex Token ($IDEX)

ChainGPT (CGPT)

Dogecoin (DOGE)

Fantom Token (FTM)

Kucoin Token (KCS)

MultiversX (EGLD)

Hedera (HBAR)

Got any more coins in mind that could bring in the big bucks? Drop 'em below! 💰 Thanks!

💰 Earn $200 daily by completing these two simple tasks: 1️⃣ Check out my Pinned post. 2️⃣ Successfully finish the challenge. ✅ Don't wait, get started now! ⏩
#BinanceLaunchpool #PEPEATH #ETHETFS

Jim Simons, a towering figure in both finance and mathematics, passed away recently at the age of 86. Renowned as the "Greatest Money Making Machine of All Time," he achieved an astonishing average annual return of 62% from 1988 to 2018, showcasing his exceptional skill and groundbreaking investment strategies. His insightful quotes leave behind a legacy of wisdom and inspiration:

"Acknowledging mistakes promptly is the initial step towards success in this domain."

"The most brilliant ideas often emerge unexpectedly."

"The duration required to solve a problem cannot be predicted."

"To truly grasp a concept, one must engage with it actively."

"Mathematics serves as a universal language and underpins everything."

"Effective risk management is fundamental in investing and should never be overlooked."

"Teaching a subject is a powerful method for deepening one's understanding."

"While markets may not always behave logically, their statistical properties can be analyzed."

"To comprehend a subject fully, it must be simplified as much as possible."

"Regardless of aesthetic appeal, a theory lacks practical value if not validated by experiments."

Jim Simons' enduring legacy will continue to reshape finance through the investment funds and mathematical models he pioneered. Moreover, his passion for science, education, and philanthropy will inspire future generations. (Disclaimer: Contains third-party opinions. Not financial advice. Refer to terms and conditions.) Share with others now.

BTC is poised for fluctuations, mirroring its recent drop from $73,000 to $61,000, potentially causing losses for unaware retail investors. However, it's anticipated to rise until late July, settling between $50,000 and $53,000. After a slight pullback, a surge is forecasted for early August, possibly reaching $73,000 by year-end. Further highs are expected in January 2025, followed by a retreat in May, with a potential peak of $150,000-$250,000 by September 2025, preceding a prolonged bear market. Save this post to track these developments together!

#BTC🔥🔥🔥🔥🔥
#DumpandDump

Bitcoin's in hot water 🔥, folks. Three pieces of bad news coming your way, but honesty's key, so here goes: 🚨 First: Binance removed my last post on BTC's dip, causing it to plummet by $1k. But I'll keep it real - the current uptrend's just a manipulation for big players to cash out before a bigger crash. 📉 Secondly: $67,300 is the make-or-break level. If BTC surpasses it, my theory's toast. But even then, don't expect major growth or new highs anytime soon. 📈 Lastly: Someone's impersonating me online, but I'm a lone wolf 🐺 who shuns the spotlight. Scams ain't my style. Been in the trading game for over a decade, never asking for a dime. Stay sharp, avoid manipulation, and good luck out there! #BTC #Bitcoin #Binance $BTC 🚫💰 Disclaimer: Third-party views, no financial advice. Check T&Cs. Share the word!

Yesterday, Bitcoin experienced a dip from its peak at $65,300 to around $62,900 following negative news about Robinhood from the SEC. Despite this short-term setback, I'm optimistic about a potential rise in the near future. I closed my short position on Ethereum with profit but maintained my short position on Bitcoin, anticipating a medium-term downturn. I plan to increase my short position as the price of BTC rises, aiming for a more advantageous position. Monitoring news closely allowed for quick action and potential profits. Despite the dip, I believe Bitcoin will surpass $64,500 again soon, possibly reaching $67,000, which I see as an opportunity to add to my short positions.

Discover 5 potential altcoins on Binance set for significant growth:

Shiba Inu (SHIB): Positioned as the Ethereum-based sibling of Dogecoin, SHIB shows promising potential, aiming for a price increase from $0.00002467 to $0.000032 by May.

Oasis Protocol (ROSE): With a focus on privacy and DeFi, ROSE stands out with 14 out of 30 green days and notable price volatility, eyeing a rise to $0.14 this May.

Polkadot (DOT): Bridging diverse blockchains seamlessly, DOT is set to rise to $0.82 in May, presenting an opportunity for investors to tap into the future of interoperability.

Saga Chain (SAGA): Offering scalability and interoperability with its Layer 1 network, SAGA is on a bullish trajectory, targeting a significant increase from $3.59 to $16.58 next year.

Tron (TRX): Positioned as a decentralized blockchain aiming to revolutionize the industry, TRX shows promising growth potential, targeting $0.18 in May after a recent surge. Don't miss out on the TRON opportunity!
#altcoins #BTC #CryptoWatchMay2024

🚀 Interested in high-risk investments? Here are four Solana memecoins that could skyrocket like SHIB and DOGE, but remember, it's risky! 🚀 🐶 SHIB and DOGE had their moment, but now attention is on Solana memecoins. Check out these four potential winners:

Dapper Duck (DAPDUCK) 🦆

Crazy Wolf (CRAWOLF) 🐺

Flying Penguin (FLYPEN) 🐧

Joey Bonk (JOEBONK) 🧑‍💼 💰 To buy Solana memecoins, use decentralized exchanges like Raydium or Jupiter with wallets like Solflare, Phantom, or MetaMask. Connect your wallet and swap Solana for the token using its contract address. Don't miss out on the next crypto wave! 💰

#altcoins #BullorBear #Memecoins__ #Dangerous

A major crypto theft occurred today, resulting in a whale losing $71 million worth of Bitcoin (BTC) to hackers. According to Look On-Chain, a data provider, the theft happened due to a phishing attack. The victim mistakenly sent 1,155 Wrapped Bitcoin (WBTC), valued at $71 million, to a fraudulent address created by the hacker. The fraudster manipulated the address by making it look similar to the intended destination, leading to the loss. This incident underscores the importance of verifying every transfer to prevent falling victim to crypto hackers.

Former Binance CEO Changpeng Zhao has been sentenced to four months in prison by Judge Richard Jones of the U.S. District Court for the Western District of Washington. The prosecution initially sought a three-year term, citing regulatory compliance lapses during Zhao's tenure. However, Zhao's defense argued for probation, highlighting his limited knowledge of alleged illicit activities. Despite the absence of direct evidence linking Zhao to specific illegal acts, Judge Jones reduced the sentence from 18 months to four months. Since resigning, Zhao has focused on educational initiatives, such as founding Giggle Academy, aimed at educating youth about cryptocurrency and blockchain technology

Investor attention is on Federal Reserve Chairman Jerome Powell's upcoming speech following the cryptocurrency market's recent turmoil. Speculation suggests Powell may hint at further policy adjustments, including potential rate cuts, amidst uncertainties surrounding inflation. Market analysts anticipate the Fed may ease quantitative tightening measures, which could impact market dynamics. How Powell's remarks will influence the crypto market remains uncertain, with some predicting potential recovery if his tone is not overly restrictive.

Last night, the approved Hong Kong ETF started trading, driving BTC's price up to $64,000. However, with lower than expected volume, it failed to break through the $64,000 resistance and fell back to $62,000. As the Hong Kong ETF concluded its trading hours a few hours ago, the price is currently around $61,600 due to the disappointment in volume. If it doesn't reclaim $62,000 during the day, we might see a decline to around $60,000. Expectations for Q2 include a potential decline, but staying patient and sticking to trading strategies can lead to profitable accumulation. As for ETH, there's anticipation of increased activity and a sharp upward movement in the fall. Currently holding an ETH long position to profit from the drop, but aiming to close it soon and open a short position again. Looking forward to hearing your thoughts and expectations!

Here are the top 10 cryptocurrencies from the Top 500 list with the highest returns over the past 7 days:

HNT with a return of 47.44%

LSD with a return of 46.11%

BNB with a return of 30.62%

GOG with a return of 30.50%

MOBILE with a return of 28.25%

HIGH with a return of 26.79%

BMX with a return of 22.6%

GROK with a return of 22.47%

BONK with a return of 22.4%

GLM with a return of 20.0%

#cryptotrends #Hotternds

In a rare feat, a solo Bitcoin miner defied the odds by successfully solving a block, reaping 3.125 BTC, valued at approximately $200,000. Such solo achievements are exceedingly rare, given the formidable computational power required, with most miners opting to pool their resources due to the network's massive hash rate of 618 EH/s. This fortunate miner, with a hash rate of 120PH, represented a mere 0.02% of the network's total power. Congratulations to the lucky winner!
#bitcoinhalving #BinanceLaunchpool #cryptoniteuae #Mining100Million

Australian entrepreneur Kane Ellis, hailing from South Australia, embarked on a journey fueled by his fascination with technology. At the tender age of 18, he launched Nerd Herd, a technology consulting company, followed by the creation of the CarSwap app. However, his most lucrative endeavor began in 2010 when he delved into Bitcoin mining, acquiring coins when they were a mere $1.60 each. Despite his foresight, Ellis made a costly error when he exchanged 2-4 Bitcoins for a McDonald's meal. While that meal now holds the potential value of six figures, fortunately, it represented only a fraction of his holdings. In a twist of fate, he later sold another portion of his Bitcoin stash to treat himself to a luxurious $200,000 Maserati, showcasing how even small mistakes can be rectified in the volatile world of cryptocurrency.
#BinanceLaunchpool #SuccessStories #BullorBear