How tough does one have to be to succeed?

In 2014, Zhao Changpeng sold his house in Shanghai, raising 1.1 million yuan, all of which he invested in #Bitcoin . Shortly after, Shanghai housing prices doubled while Bitcoin plummeted to a third of its value. Despite this rollercoaster, Zhao gained recognition in the cryptocurrency world.

In March 2014, during an event, Zhao met Xu Mingxing, founder of the domestic Bitcoin exchange OKCoin. By June, Zhao joined OKCoin as CTO, also overseeing the company's international affairs.

Less than a year later, Zhao parted ways with OKCoin.
In July 2017, he founded #Binance . Just 11 days after raising $15 million in public funding, the exchange launched. It quickly gained immense popularity among users. 🚀

#BinanceTournament

1 The bull market is still ongoing. 🐂

2 This week is a good opportunity to buy at low prices.

3 Liquidity will improve in July.

Additionally, according to the timeline, the adjustment phase around July 28 should come to a complete end, and the market sentiment will improve. 📅

This estimated time frame is approximate and may not be perfectly precise.

#bullrun2024📈📈 #Bitcoin❗

Listening to those analysts confidently proclaiming "#altcoins are dead" is both amusing and frustrating.

They may sound authoritative in their analysis, but they're missing the point. Let me tell you the truth: even if they "bearish", altcoins won't just disappear easily.

The current market fluctuations are mostly a reshuffling process. Big players are taking advantage to accumulate, preparing for the next market trend. This is a common scene before a bull market arrives.

When facing such analyses, chances are they haven't experienced a true bull market cycle. It's best to keep some distance from their views. Don't be misled by the current market appearance.
Today is June 24, 2024; the curtain has just been raised on the beginning of a major bull market. The real excitement is yet to come!

Don't treat the crypto market like the stock market; the rhythm here is different. I dare to assert that this bull market will last at least until mid-next year, with new opportunities awaiting us in the second half of the year.

Be patient. Let's witness this together; time will prove everything. 📈💫

$BTC update
$62,500 level needs to hold.

Ideally will be looking for a bounce off there with #alts to follow shortly after.

#Bitcoin❗ #BitcoinBeliever

Risk management tips for successful trading

⚠️Effective Position Sizing⚠️

Properly sizing your positions can prevent major losses in crypto trading.

Determine the proportion of your total capital to allocate per trade.

A general guideline is not to risk more than 1-2% of your trading capital on any single trade.

This strategy reduces the impact of potential losses from one trade.

Consistent position sizing is key to managing risk effectively.

Maintain a consistent trading approach by adhering to proper position sizing.

Position sizing plays a critical role in achieving long-term trading success.

#altcoins
#BTC
#bitcoin

How to Trade This Week. #BTC

Swing Traders Guide.

1. Announcement of $ETH ETF is a Bullish news for Crypto as a whole.
(Both for Scam and non Scam Projects)

2. #ETH ETF gives a new usecase to the declining Usecase of Ethereum.

3. This will also Pump many other #Altcoins and we can see Capital entering other Altcoins.

4. Ethereum already got the retrace it wanted, to remove the scared, anxious and investors who lacked Patience.

Accumulation of few weeks and Then Up and then More Up.

I still think Price Action will Match the Price Action we Got in 2020 Halving.

Yesterday’s #ETF Flows came in at -$226.2M.

Big outflow day. Funnily enough, nearly every high inflow day was met by a local top and vice versa the past week.

$IBIT saw net flows of $18.2M.
$FBTC saw net flows of -$106.4M.
$GBTC saw net flows of -$61.5M.

#BTC #altcoins

The founder of #crv is having their positions liquidated.

It serves them right to be liquidated; sooner or later, they'll be delisted from exchanges. 📉
Why hold onto such SH*T when the #bull market is showing signs of a major downturn?

#Altcoin

Today is the big day.

CPI & FOMC on the same day which are bound to make for a lot of volatility in markets.

Don't get chopped up, be safe with your stops.

We'll see what we get and how the market digests it all this week.

#BTC #ETH

A NEW AI WAVE IS ABOUT TO BEGIN🌊
OpenAI 🤝 Apple

Imagine where these #AI x #Blockchain projects will be when AI adoption is at peak👇

$FET / $ASI
$RNDR
$GHX
$ORAI
$TAO
$NCDT
$PAAL
$QUBIC

Right now we can see all these projects in a correction with high potential📈

Keep Accumulating the lows and make sure you are loaded up for one of the biggest Altcoin surge in history🚀

The #RWA sector is projected to grow into a $15-30 trillion market by 2030.

✦ #AI sector: $RAIN, $NYM, $HNT, $OXT, $XYO, $EDGE, $CLS, $OBOT, $SCP
✦ Computer sector: $DE, $WSI, $MINIMA, $XRT, $BZZ, $SERSH, $CRU, $SRX, $MAN
✦ Storage sector: $OVR, $DVPN, $LAMB, $NODL, $MXC, $ZCN
✦ CDN sector: $INFRA, $HOPR, $JKL, $TRUL, $TRU
✦ Platforms: $INTX, $CERE, $DPR, $OCTA, $DNX, $OPSEC, $VDA, $DATA, $WIFI, $STOS, $NKN

#DePIN is maturing into a notable sector in the crypto space.

DePIN is a network of crowd-sourced providers offering real-world services. It uses a blockchain to record services rendered and distribute rewards in cryptocurrencies.

To avoid getting into garbage #memecoins , here are some tips:

Check Contract Security: Verify if the contract address is secure. Use tools to check for locking permissions, burning mechanisms, and other safety features.

Social Activity: Look into the social activity surrounding the coin. Check the project's Twitter and Telegram channels. Evaluate the quality and frequency of tweets, the engagement level of the community, and the quality of visual content. 🐦

Project Popularity: Assess the popularity of the project. Is it a recent hot topic? How many people are paying attention to it? 📈

Holder Distribution: Examine the distribution of coin holders. Are there many holders, or is ownership heavily concentrated?

A healthy memecoin should have an active community, significant interest, and a fairly distributed ownership. 💼

Remember, memecoins come with high risks, and these methods can only help mitigate those risks. Always do thorough research and exercise caution before investing.

My Trading Style for the next 3 Months.

Long on Dip

$BTC
$ETH
$SOL
$BNB
$LDO
$FTM

Short After Break Of Trend.

Every Pretentious VC Funded Presale #Shitcoin which Claims to be an #AI Coin

I made MILLIONS swing trading #crypto

My most profitable swing trades:

$KAS
$DIONE
$ONDO
$SUI
$SEI

Right now, these projects are the best swing trade opportunity:

$OMNI
$PORTAL
$ROOT

I invested about $1M in the 3 combined.
I’m looking to make at least $3M profit.

Celebrities and #crypto : Market Trends and Insights

There has been a lot of talk about this recently. However, can you gain any advantage from it? Let's see.

In 2017, several celebrities started promoting crypto projects, especially around September. After this, we saw a strong leg up before the bull market top in December 2017 and the following bear market in 2018.

In 2021, we observed something similar twice: first in February 2021 and then in October-November 2021. Both times, there was a final leg up followed by a significant correction.

Based on this we can conclude that when celebrities start promoting cryptocurrencies, the market usually experiences a final leg up before reaching a local top.

In any case, the sample size is small, and therefore the edge is limited. Nonetheless, it is interesting.

Football Oasis (FO) Testnet Airdrop Event🚀

Join the Football Oasis (FO) testnet now and complete 6 simple steps to earn exclusive airdrop rewards when the game launches.

👀Visit the Test Site: https://docs.footballoasis.tech/testnet-event-end-random
👀Connect Your Wallet
👀Ensure You're on the Correct Network
👀Get Base Sepolia ETH
👀Mint Pass
👀Share your referral address in Discord

AMA on Thursday at 9:30 PM SGT: Learn more about FO and get live airdrops & whitelist spots.

AMA Link: https://www.binance.com/en/live/video?roomId=2200269

#AMA #Airdrop

🔥 Hot News in the Crypto World 🔥

✨ $AGIX $FET $OCEAN - The merger of ASI will be completed on June 13. Starting from June 11, $FET will be rebranded as $ASI.

✨ $API3 - API3 raised $4 million in a strategic financing round led by DWF Labs. Venture capitalists purchased tokens at $2.8 per share.

✨ $GAL - Galxe announced its own Layer 1 blockchain, named GravityChain. The network's first version will launch in June.

✨ $GMX - Arbitrum DAO has accepted GMX's STIP-Bridge proposal and will distribute 5.4 million ARB tokens to GMX as ecosystem incentives.

✨ $MPL - Maple announced syrupfi, a new protocol for institutional yields. MPL holders can migrate to $SYRUP at a 1:1 ratio. The roadmap and schedule will be announced on June 4.

✨ $MTL - Metal L2 plans to upgrade smart contracts on June 24. (Snapshot: June 24, Airdrop: June 26)

✨ $SOL - According to db @tier10k, CME has no plans to offer Solana futures.

✨ $UMA - UMA revealed a major OEV update to be released tomorrow.

✨ $WLD - Sam Altman from OpenAI and Argentine President Javier Milei discussed Worldcoin investment.

✨ $XPLA - XPLA launched its own Layer 2 chain. XPLA Verse serves as an L2 on the Oasys gaming blockchain.

✨ Gemini announced its first Earn distribution, covering 97% of owed assets since November 16, 2022. Users will receive $2.18 billion in assets.

Many are lured by the bull market in the #crypto sphere and indeed make quite a bit of money in a short time. But here's the thing, they often can't hold onto this wealth. Why?

Some folks see the bull market approaching, they become bolder, making some profit but wanting more. They're not satisfied, feeling they haven't made enough money, so they increase their investment, even borrowing money for leverage. And what happens? When the market changes, they lose all the money they previously made, and even more.

Then there are those who don't really understand the crypto world, they just hear others are making money, so they follow suit. They start cautiously but seeing the price continuously rising, they can't help but increase their investment. Eventually, they often buy in at the market's peak, and then get trapped.

And there are even some who come into the crypto sphere already burdened with debt, hoping for a quick turnaround. They make some money initially, then start feeling invincible, losing their respect for the market. As a result, they get deeper and deeper into debt.

Overall, making money in the crypto world is easy, but holding onto it is tough. Many rely on luck to make money, only to lose it based on skill.
So, before entering the crypto world, it's essential to think twice, not blindly follow the crowd, and definitely not borrow money to invest. 🤔

Missed out on $PEPE , next opportunity is $FLOKI 🚀

Here are a few key reasons:

Every time #Pepe pumps, #Floki follows suit.
Pepe has already surpassed its previous all-time high since its first bottom pump. However, Floki is yet to reach its new high, but it looks like it's about to break through a critical resistance. Once it breaks through, new highs are imminent.

Floki recently burned around 1.5% of its total supply, which is a significant amount. Historically, every major burn in Floki has led to an uptrend.

The season of #altcoins is upon us, and memes are always among the top picks. Retail investors are no longer interested in VC coins.
The narrative around value coins has faded, or you could say, value coins have lost their value. It's all about perception—if users see value in you, then you have value; if not, then you don't. Hence, meme coins are becoming more popular among users. 🐶🔥

Three principles you need to know to ultimately profit in the #crypto market:

Many projects are meaningless: In the crypto space, there are thousands of projects, but not all of them are truly useful. Many have fancy covers with unbelievably ambitious plans that may never materialize. 🚀
Before buying project tokens, ask yourself:
Is this team real?
Who are these people?
What experience do they have?

Venture capitalists make money by investing in private rounds: Always remember, venture capitalists make money by investing in early-stage token seed rounds and private rounds. You might think you're getting in at a low price, but VCs get in at 20 times lower prices. 💰

Whale behavior is contrary to the market: Everyone's heard "buy fear, sell greed," but few can actually do it. That's what whales do. When everyone is panicking and selling in fear, they build their positions, so when greed sets in, they profit. 🐋

Before buying project tokens, ponder:

Is their valuation reasonable?
What problems does the project solve?
Unlock activities
Token distribution
Ownership schedule