#Write2Earn CRYPTO CURRENCIES YOU AVOID TRADING NEXT WEEK. | jandee_younggee na Binance Square

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CRYPTO CURRENCIES YOU AVOID TRADING NEXT WEEK.
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Bitcoin halving is done and gone. Now we look forward to what the future is to bring to us. Brace yourself, get ready, it’s gon be a bumpy ride and let’s pray that our wishes come true. And tell the whales 🐳 that the sharks 🦈 and crayfishes 🍤 need to feed too. #write2earn🌐💹 #bitcoinhalving $BTC $ETH $BNB

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The day pepe coin jumped from 0.000009$ to 0.00001 I went to price the 2024 Benz car because I was damned sure it will hit $1 from 0.00001 little did I know that I was deceiving myself, as am talking to you now Pepe coin have dropped drastically to $0.0000069 from 0.00001. So I decided to do a proper analysis to find out what really happened. You see the truth is some investors are crying right now because they lost money but for people that bought pepe coin early at $0.0000000001 selling at a staggering 0.0001 is a huge profit for them. Even the 0.0000069 that some late investors are crying about right now have made the early investors profit. For instance those that bought pepe coin early at 0.0000000001 dollars investing just $0.3 gave them over 3billion pepe coins and when you multiply 3,000,000,000 pepe coin that was bought with just one dollar with pepe current price of 0.0000100 & 0.0000069 the $0.3 investment would rake in a whopping $30,000 $20,700 respectively. Can you imagine? While others are crying for the drastic price drop other investors that bought pepe on time are happy. The reason for pepe drastic price drop is simple and clear when the price of the token went high those that bought early started selling and that brought about a fall in the price of the coin, because the more the coin that is introduced into circulation the lower the price, the lower the coins in circulation the higher the price of a token. Now you know so if you must make the most out of pepe just keep buying now that the price is low, buy as many as you can, so that when the price rises your numerous pepe coins will bring you good returns, and don't forget that pepe will get to $1 before bull run. Share with friends now For pepe to reach 1$ at its maximum circulation, it has to surpass btc market cap by almost 20 times. Or pepe's circulation has to reduce by almost 99%, its a beautiful dream though. #Write2Erarn #toptrnding #HotTrends

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New Stablecoins Aim to Compete with Tether by Offering Yield According to Blockworks, Tether currently dominates stablecoin trading, with over 100 billion USDT in existence, representing over 70% of all stablecoins. However, a new crop of stablecoins is aiming to compete with Tether by offering yield. Tether's revenue largely comes from its investment in US Treasurys, and some stablecoin projects are paying out the yield earned by Treasury investments to attract users. This strategy is partly inspired by the returns earned by MakerDAO, which offers its own version of a yield-bearing stablecoin through its DAI savings rate (DSR) contract. One example is Ondo Finance's USDY, a tokenized note that offers yield on US Treasurys. Since its launch in August 2023, USDY has grown to roughly $95 million in market capitalization. A dashboard from DAO consulting firm Steakhouse lists ten securities tokens, most of which launched in mid-to-late 2023, that also share T-Bill yield. Ethena, another new stablecoin project, offers a locked and yield-generating version of its synthetic dollar USDe, called sUSDe. The yield on sUSDe comes from staked ETH rewards and the fee paid to short positions by those with long positions. Despite these new offerings, Tether remains dominant in the stablecoin market. However, the emergence of yield-generating stablecoins may attract more users and potentially challenge Tether's dominance in the future. #binancenews #HotTrends #Write2Erarn #BinanceSquareExplorers

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Dip market is good for buying crypto. According to investor SALID But you need to make sure you get maximum profit. follow cost averaging swing trade strategy. Swing trading is usually for short term trading. Instead of getting entry at once, we enter slowly in different price points when we know market will rebound. But now, you will see all long term investors are following this strategy. For investors, the method is popularly known as Cost Averaging (CA) or DCA (Dollar Cost Averaging). Now we need to know when this strategy is actually useful: when to use and when not to. When to use in spot or buy order: 1. Market is going down dramatically,Like minimum 3% everyday. 2. Market has enough trade volume. 3. The project is matured, well established and stable. 4. The price is above NP, and not at ATH. 5. You know market will rebound. When not to use: 1. Market is going up suddenly. Like 10% up a day. 2. There is not enough trading volume. The crypto act like stable coin. 3. New projects or a project that is not stable. 4. The price is below NP, or at ATH. 5. When you have very less money to invest in each coin. Like 100$, 200$. 6. When you know the coin price will never go down, it will keep going upwards. Let me give you a good example of cost averaging swing trade. Let’s say, this month BTC may go 50k and then rebound back to 71k. Now either, you wait till 50k to buy, but maximum time you will lose the opportunity. Or you can buy 25% at 65k, 25% at 60k, 25% at 55k and so on as it drops and goes below you buy 25% at 50k. In this way you are limiting the risk of losing the swig opportunity, and ensuring that you get maximum profit. But if you start applying this strategy when it’s not swing, just continuously growing up, you are actually missing the opportunity and reducing the opportunity to maximize your profit . Like if BTC is 15k and you start buying 25% each month, you are literally waiting for higher price to enter. I saw many index funds suggest you to do that in the name of DCA. It’s not advisable DYOR. #Write2Erarn #HotTrends #binance

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