Maximizing Gains in the Crypto Market: 15 Essential Rules
According to PANews, navigating a bull market in cryptocurrency can be more complex than it seems. Even if Bitcoin ($BTC) reaches $100,000, many investors may still see their gains diminish. To avoid this, follow these 15 rules to maximize returns during this cycle: 1.Realize Your Gains: Remember, gains are only real when you sell. 2. Avoid Leverage: Altcoins are already volatile; adding leverage can lead to significant losses. 3. Gradual Exit Strategy: Plan to exit within the top third of the cycle to secure future gains. 4.Prepare for Downturns: Consider both upside potential and downside risks. 5.Asymmetric Investments: Ensure the potential upside outweighs the downside risk. 6. Long-Term Focus: Avoid getting lost in the hype; consider long-term trends and market liquidity. 7.be Selective: Most altcoins will go to zero by the end of the cycle; be very selective. 8.Keep it Simple: Simple plans are more likely to succeed in a heated market. 9. master Your Niche: Focus on a few sectors rather than trying to be an expert in all. 10.Secure Your Assets: Practice good wallet habits and diversify assets across multiple wallets or CEX. 11. Bet on Leaders: Winners tend to keep winning; avoid chasing laggards. 12. Collaborate: Your network is your net worth; collaborate with other savvy investors. 13.Compare to BTC: Analyze ALT/BTC pairs and reassess your strategy if underperforming.
14. Follow Trends: In strong trends, follow the momentum; contrarian investments only make sense at macro turning points. 15. Don't Fixate on Peak Net Worth: Embrace opportunities and accept losses gracefully. #SOFR_Spike #BinanceTurns7 #VanEck_SOL_ETFS
The Russian State Duma is expected to vote on a bill that would legalize cryptocurrency mining and the sale of cryptocurrency mined in Russia ¹. Here are some key points about the bill: Legalization of Cryptocurrency Mining: The bill would allow cryptocurrency mining and the sale of cryptocurrency mined in Russia, which is currently not legal. Experimental Legal Regime: The bill proposes an "experimental legal regime" for cryptocurrencies to be used exclusively in export-import deals. Regulation: The bill would regulate cryptocurrency mining, including the creation of a national registry of approved crypto miners and rules for crypto miners set by the government and the Central Bank. Taxation: The bill would require crypto miners to declare their income and pay taxes on their earnings. Impact on the Economy: The legalization of mining is expected to provide the Russian treasury with a boost of $570 million. Industry Support: The bill has the support of the Russian crypto industry, which has been lobbying for legalization and regulation. #Russia #RussiaCrypto #mining4all #InternationalRelations
Bitcoin Conference 2024: Donald Trump Delivers Surprising Keynote Speech
In a shocking turn of events, former US President Donald Trump took the stage at the highly-anticipated Bitcoin Conference 2024 in Miami, Florida. The crowd was electric as Trump, known for his controversial views on cryptocurrency, delivered a keynote speech that left attendees stunned.
Trump's speech, titled "Embracing the Future of Finance," marked a significant shift in his stance on Bitcoin and cryptocurrency. He acknowledged the growing importance of digital assets and their potential to disrupt traditional financial systems. "We must embrace the future and recognize the incredible potential of Bitcoin and other cryptocurrencies," Trump declared. "It's time for America to take the lead in this revolution and ensure our place as a global leader in innovation." Trump's speech highlighted the need for clear regulations and guidelines to support the growth of the cryptocurrency industry. He emphasized the importance of protecting investors while allowing innovation to thrive. The crowd erupted in applause as Trump concluded his speech, with many in attendance expressing surprise and optimism about his newfound support for cryptocurrency. Industry Reaction: Reactions from the cryptocurrency community were mixed, with some hailing Trump's speech as a major victory for adoption and others expressing skepticism about his true intentions. "This is a significant moment for our industry," said conference organizer and Bitcoin enthusiast, Michael Saylor. "Trump's endorsement could bring much-needed attention and legitimacy to our space." However, others remained cautious, citing Trump's history of contradictory statements and policies. "Actions speak louder than words," said cryptocurrency critic and economist, Nouriel Roubini. "Let's see if Trump's administration will follow through on these promises before we celebrate." Conclusion: Donald Trump's surprise appearance and speech at Bitcoin Conference 2024 have sent shockwaves through the cryptocurrency community. As the industry continues to evolve and mature, it remains to be seen whether Trump's newfound support will translate into tangible progress. One thing is certain – the future of finance has never been more exciting. #Bitcoin_Coneference_2024 #TrumpCryptoSupport #CryptoCommunty
#CryptoScamAlert Light on a sinister plot: - A group conspired to manipulate cryptocurrency markets - They shared insider information on a specific coin, timing, and exchange - On the designated day, they artificially inflated the coin's price by buying in bulk - Unsuspecting investors were lured in through FOMO, fueling the scam
* A Call to Action for Exchanges
safeguard users recommended:
Temporarily halting withdrawals during suspicious price surges Following Binance's lead, which protected investors in the 2021 DREP incident
* Stay Vigilant, Stay Informed
Learn how these scams operate and arm yourself with strategies to avoid them in future bull runs. Stay ahead of the game and protect your investments! #CPI_BTC_Watch #SOFR_Spike #BTC☀
The market capitalization of Moca Coin has surpassed $130 million, reaching $130,561,482. Furthermore, the Fully Diluted Valuation (FDV) has exceeded $1 billion, touching $1,020,011,578. Significant increase in value, breaking through the $0.1 mark and currently trading at $0.1157. This represents a substantial rise of 81.7% in the past 24 hours. Upward movement in Moca Coin's value and market cap indicates a growing interest and investment in this particular cryptocurrency. #BinanceTournament
The report highlighted a decline in Polkadot’s revenue. During the first six months of the year, the network’s total earnings dropped to 171,696 DOT from 414,291 DOT, recorded in the second half of 2023. Enenkel attributed this decline to the significant drop in network fees, which fell from 313,443 DOT last year to 39,444 DOT in the 2024 first half.
According to the report, the network invested about $37 million in Outreach activities such as advertisements, sponsorships, and events. The network signed sponsorship deals with race car driver Conor Daly and also pushed several marketing activities designed to bolster the network’s adoption by the broader global community. Polkadot also spent $23 million developing its network features and upgrades, including SDK, Data Services and Indexing, Governance, and Subwallets. Moreover, the network invested $15 million in liquidity incentives and $5.5 million in Talent and Education. Additionally, it spent $3.8 million to maintain the network and core ecosystem components, and another $2.1 million went towards Research. #US_Inflation_Easing_Alert #
•NEWS #XLM PRICE PREDICTION: BULLISH OR BEARISH TREND? Stellar (XLM) is currently trading at $0.09819, with a market cap of $2.85 billion. Despite recent bearish trends and a fall below the $0.091933 resistance area, XLM is still up 26.80% since the start of the year. For June 2024, predictions suggest a maximum price of $0.22386, an average price of $0.19539, and a minimum price of $0.18557. Key indicators like the RSI, MACD, and moving averages hint at possible bullish momentum if trends reverse. Will XLM surge or continue its bearish trend? Stay informed! #Stellar #BinanceTournament #altcoins
the Bitcoin network experienced its longest block time in history, lasting 2 hours and 19 minutes. This event occurred between block heights 689300 and 689301 on July 1, 2021, from 18:27 to 20:46. This is a significant event in the history of Bitcoin, as it marks the longest duration for a block to be added to the blockchain. The block time is a critical aspect of the Bitcoin network's operation, affecting transaction speed and network efficiency. This historical event provides valuable insights into the network's performance and potential areas for improvement. It also serves as a benchmark for future block times, contributing to the ongoing development and optimization of the Bitcoin network. #BinanceTournament #BTC #bitcoin
New Memecoin Purple Trump (PURTRUMP) to Explode 14,000% Within 48 Hours Purple Trump (PURTRUMP), a new Solana memecoin that was launched today, is poised to explode over 14,000% in price in the coming days. Currently, Purple Trump can only be purchased via Solana decentralized exchanges, like Jupiter and Raydium, and early investors stand to make huge returns in the coming days. Early investors in SHIB and DOGE made astronomical returns, and Purple Trump could become the next viral memecoin. In fact, many early Shiba Inu and Dogecoin investors have been pouring funds into this new Solana memecoin. Purple Trump launched with over $3,000 of locked liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains. To buy Purple Trump on Raydium or Jupiter ahead of the KuCoin listing, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Purple Trump by entering its contract address – DJ7cHAcyioUrpd1nJxREvfETMnMoTbuZM7FRYJst7YHC – in the receiving field. In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price. If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner. The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
Miner Supply of Bitcoin at it's Lowest in 14 Years Miner holdings of Bitcoin are in decline, down 50% from highs. It was over 5,000 days, or 14 years, since miner reserve of Bitcoin was this low #btc70k #altcoins #BTC
$DOT Currently, Hyblock’s data highlights a liquidity concentration between $7.59 and $7.70 for Polkadot (DOT), termed as a magnetic zone where price movements are likely to gravitate. Polkadot (DOT) recently implemented the Join-Accumulate Machine (JAM) upgrade after a swift and xunanimous community vote. This upgrade aims to enhance the relay chain’s capabilities and improve interoperability with other blockchains, potentially bolstering DOT’s ecosystem. #dotcoin #DOT_UPDATE
Franklin Templeton is awaiting approval to launch an exchange-traded fund (ETF) for ether, the second-largest cryptocurrency. The company was one of 11 issuers approved to list spot-based bitcoin ETFs in the U.S. in January. Johnson noted that while many people are attracted to bitcoin as an asset outside of the banking system, ETFs offer a familiar and regulated way to gain exposure to the digital asset market.
$PEPE Rise Issued in April 2023, the frog-themed token swiftly soared to a $1 billion market cap within weeks of its debut. At press time, PEPE stands as a mainstay in the meme coin arena, boasting a valuation of $5.8 billion. This huge growth has crowned PEPE as the most significant meme coin launch of 2023, outshining competitors such as Bonk (BONK) and Dogwifhat (WIF) despite their meteoric surge. #FIT21 #PEPE
According to Binance Market Data, Bitcoin has recently surpassed the 68,000 USDT benchmark, reaching a trading price of 68,056.320313 USDT as of May 23, 2024, at 21:55 PM (UTC). Despite this significant milestone, the cryptocurrency has experienced a modest 2.12% decrease in the past 24 hours. This fluctuation indicates a narrowing decline, reflecting a potentially stabilizing trend in the volatile cryptocurrency market.
This recent price movement highlights the ongoing dynamic nature of Bitcoin, which continues to attract significant attention from investors and market analysts. The slight decrease in value suggests that while Bitcoin remains highly sought after, market participants are navigating through periods of consolidation and profit-taking. As Bitcoin maintains its position above the 68,000 USDT mark, it will be crucial to monitor how market forces and external factors influence its trajectory in the coming days. #BTC #MarketTrends #btc70k #Binance