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A comprehensive guide on how to get rich in cryptocurrency: 1. Learn about blockchain technology and cryptocurrency fundamentals. 2. Stay updated on market trends, news, and regulations. *Invest Wisely* 1. Diversify your portfolio with a mix of established and emerging cryptocurrencies. 2. Invest in cryptocurrencies with strong use cases, scalability, and adoption potential. 3. Set clear investment goals, risk tolerance, and timeframes. *Trading Strategies* 1. Long-term holding (HODL): Hold onto cryptocurrencies for extended periods. 2. Short-term trading: Buy and sell cryptocurrencies based on market fluctuations. 3. Swing trading: Hold onto cryptocurrencies for shorter periods, capitalizing on price movements. *Mining and Staking* 1. Mining: Participate in proof-of-work (PoW) or proof-of-stake (PoS) consensus mechanisms. 2. Staking: Participate in PoS or delegated proof-of-stake (DPoS) consensus mechanisms. *Initial Coin Offerings (ICOs)* 1. Research and carefully select promising ICOs. 2. Understand the project's goals, team, and tokenomics. *Security and Risk Management* 1. Use secure wallets, exchanges, and storage solutions. 2. Set up two-factor authentication (2FA) and biometric authentication. 3. Diversify your assets to minimize risk. *Stay Informed and Adaptable* 1. Continuously learn and stay updated on market developments. 2. Adapt to changing market conditions and regulations. *Remember* 1. Cryptocurrency investments carry risks, including market volatility and regulatory changes. 2. Never invest more than you can afford to lose. 3. Stay patient, disciplined, and informed to achieve long-term success.
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#BTC☀ #ETH🔥🔥🔥🔥 #SolanaUSTD To protect yourself from FOMO (Fear of Missing Out) in cryptocurrency:1. *Set clear goals*: Define your investment objectives, risk tolerance, and time horizon. 2. *Educate yourself*: Continuously learn about cryptocurrencies, blockchain, and market trends. 3. *Stay informed, not obsessed*: Follow reputable sources, but avoid excessive social media and news consumption. 4. *Diversify*: Spread investments across asset classes, sectors, and risk levels. 5. *Dollar-cost average*: Invest fixed amounts regularly, regardless of market conditions. 6. *Avoid emotional decisions*: Base decisions on your goals and strategy, not emotions. 7. *Use stop-loss orders*: Limit potential losses by setting automatic sell orders. 8. *Practice patience*: Focus on long-term growth, not short-term gains. 9. *Rebalance*: Periodically review and adjust your portfolio to maintain alignment with your goals. 10. *Seek support*: Join a community or consult a financial advisor for guidance and support. Remember, FOMO can lead to impulsive decisions. Stay calm, rational, and committed to your strategy to achieve success in the cryptocurrency market.
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$BTC $ETH $BNB Germany has finally sold off the last of its Bitcoin stash on July 12, 2024. According to Arkham Intelligence, the final sale included 3,846 Bitcoin transferred to “Flow Traders” and “139Po,” described as institutional deposit and OTC service. wraps up a few intense weeks where the German government sold tens of thousands of Bitcoin in multiple transactions. The German government has been dumping Bitcoin for the last three weeks. Source: Arkham This large sale played a big part in keeping the Bitcoin market below the $60,000 price mark and under its 200-day exponential moving average. selling pressure might continue due to the $9 billion Mt. Gox reimbursement plan, which could keep Bitcoin prices low in the coming weeks. market has been dealing with fear, uncertainty, and doubt for a while now. Despite the selling frenzy, some institutional investors saw this as a buying opportunity. from CoinShares shows that U.S. exchange-traded funds (ETFs) had $295 million in inflows for the week of July 8. This reversed weeks of low inflows into these investment funds. Clearly, institutions were quick to grab Bitcoin at lower prices. Germany’s series of staggered Bitcoin transfers to various exchanges started last month. However, not everyone is on board with this strategy. Cryptopolitan reported that Joana Cotar, a federal parliament member, has criticized the government’s decision to sell Bitcoin. believes that this move has increased market volatility and could have long-term negative effects on the cryptocurrency market. her letter, Cotar invited four German politicians to the “Bitcoin Strategies for Nation States” event in October. She hopes to change their views on Bitcoin. Cotar’s criticism, the German government went ahead with its plan.But Bitcoin has defied the odds too, managing to hold its ground in the face of it all. At press time, the crypto diva was worth $57,800.
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#BTC☀ #ETH🔥🔥🔥🔥 Here are some tips for new users in crypto-currency: 1. *Educate yourself*: Learn the basics of blockchain technology, cryptocurrency types, and market trends. 2. *Invest wisely*: Don't invest more than you can afford to lose. Diversify your portfolio to minimize risk. 3. *Use reputable exchanges*: Choose well-established and secure exchanges to buy, sell, and store your cryptocurrencies. 4. *Set up a wallet*: Create a secure wallet to store your cryptocurrencies, and keep your private keys safe. 5. *Stay updated*: Follow market news, trends, and regulatory changes to make informed decisions. 6. *Be cautious of scams*: Be wary of unsolicited investment offers, phishing scams, and fake ICOs. 7. *Diversify your assets*: Spread your investments across different asset classes, sectors, and geographic regions. 8. *Have patience*: Cryptocurrencies are volatile, so avoid impulsive decisions based on short-term market fluctuations. 9. *Consider tax implications*: Understand the tax implications of buying, selling, and holding cryptocurrencies in your jurisdiction. 10. *Stay secure*: Use strong passwords, enable two-factor authentication, and keep your personal information private. Remember, investing in cryptocurrency carries risks, so always prioritize education, research, and caution. Follow me for more updates.
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Worrying about Loss? Well i am not. See my current situation with 10+ Years Experience. I saw this situation almost 70 times in past 10 Years , and you won't believe , my Whole Profit made after crashes. But i can understand , you guys trying make daily money, weekly or monthly that's why you end up by panic selling and have no patience. Believe or not but reality is that, any experienced trader or expert really don't know about market same like you guys, but The Key is Patience , they have patience they gain it after many failures and losses in Years, So its true that experts are same like you but when they plan a strategy , they don't only plan for profits but they 1st have plan for dips for crashes , that's the reason they are safe. So nothing special you need to learn , just follow some basic rules 1. Be an Investor Not Trader 2. Only Spot, No Leverage Trading 3. invest in Only Top Coins 4. Invest only in Parts Like Daily + in Dips let me make it easy for you. If you have 1000$ and no more money for next 6 months . so devide in 3 parts. If situation is Crash:- 20% Invest on that time , 40% invest on daily bases for next 6 months, and the Rest 40% keep in usdt or Setup a Binance spot DCA Bot, that will buy only in dips only if market goes down. like invest 5% on every Minus -5% till -40% So in this way, you only risking your 20% , other 40% will be Invest on best average price because of daily ( Binance AutoInvest ) And you still have backup for Minus -40% crash. That's why experts earn more in crashes nd you guys only cry and do more mistakes . Its long term its investment. its not trading . target Profit could be achieved in 3-6-12 months not daily. experts are investor, not traders. Last, if there is no crash, market or Normal, so then no need to invest 20% on 1st Day, Devid the whole 60% on Days, like 150 days. and 40% for Only losses on every -5% I heard if you like n share, post will reached to every user who really need this. No need tips, just want to share this with everyone to helo them. Follow if you want to be safe.
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