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Aobakwe Gabaeme
@Square-Creator-5350fa66da29
Bitcoin my dream
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Today, the crypto market is seeing significant volatility, with notable events shaping the landscape
#BinanceBlockchainWeek Recently, the market endured one of its largest single-day liquidation events this October. On October 23, crypto assets saw liquidations totaling $261 million, driven primarily by Bitcoin's price drop, which impacted other major assets like Ethereum. Ethereum saw over $77 million in long bets liquidated, leading to a 1.7% drop in value as high transaction fees dampened some investor enthusiasm
Despite this volatility, institutional interest remains strong. U.S.-based Bit
Despite this volatility, institutional interest remains strong. U.S.-based Bit
Trading phycology comes first🤞Fear of Missing Out (FOMO)
FOMO drives traders to jump into a rising market due to the fear of missing profit opportunities. With crypto markets known for sharp price spikes, FOMO can lead to impulsive decisions and unsustainable investments.#BinanceBlockchainWeek #EthereumPectraUpgrade #TIATokenUnlock #PhantomOutage #BTCBreak71K $BTC $ETH $SOL
FOMO drives traders to jump into a rising market due to the fear of missing profit opportunities. With crypto markets known for sharp price spikes, FOMO can lead to impulsive decisions and unsustainable investments.#BinanceBlockchainWeek #EthereumPectraUpgrade #TIATokenUnlock #PhantomOutage #BTCBreak71K $BTC $ETH $SOL
What are the key factors to consider before investing in cryptocurrency?How does blockchain technology work, and why is it important in crypto?What are the most common risks in the crypto market, and how can beginners manage them?How do I safely store and protect my cryptocurrency assets?What’s the difference between popular coins (like Bitcoin and Ethereum) and altcoins?How can I evaluate a cryptocurrency project to see if it's legitimate?What are the tax implications of buying, selling, or trading crypto?Is there a recommended percentage of my portfolio that should be in crypto?How do decentralized finance (DeFi) platforms differ from traditional finance?What are NFTs, and how do they relate to cryptocurrency?These questions cover fundamental concepts #CryptoAMA #CryptoDecision #begginers #BinanceBlockchainWeek