CRYPTO MARKET VOLATILITY: A SEASONED INVESTOR'S ADVICE‼️‼️‼️‼️‼️‼️‼️⚠️
I see a lot of fear, which is normal. It's not pleasant to see your portfolio balance drop by 30% in 3 months (for spot traders) or get liquidated in a few hours (for futures traders). But, having started investing in crypto in 2016, I've learned a few valuable lessons:
1. HOLD ON TIGHT: When the market goes down, avoid touching your portfolio. Hold on to it, or you'll regret it later when the market bounces back. Remember, in spot trading, you only realize losses when you sell at a loss.
2. DON'T FOLLOW THE CROWD: Don't take "expert" opinions too seriously, and don't let them influence your decisions. No one can predict market ups and downs; they can only speculate. One thing is certain, though - the market won't go down forever!
In conclusion, it's up to you to hold your portfolio. Be patient, control your emotions. Not everyone will win, but strong-minded individuals have a higher chance of success. And remember, take profits when the market is up - that money will come in handy during times like this!
A 12-year-old boy named Erik Finman invested $1,245 in Bitcoin when he was just 12 years old.
He made a deal with his parents that if he could make a million dollars by the time he was 18, he wouldn't have to go back to school. Well, his investment paid off big time!
By the time he was 18, his investment was worth over $2 million! He eventually became a millionaire and was even invited to give a TED Talk when he was just 15 years old.
Erik's story is an inspiring example of how taking risks and believing in oneself can lead to great success.
Bitcoin's recovery rate is slower than expected due to increased supply pressure, mainly from the German government's depletion of Bitcoin reserves.
KEY HIGHLIGHTS
German government reduces Bitcoin reserves significantly, now holding only 9,094 Bitcoins worth approximately $521 million. Bitcoin ETF funds see mixed inflows and outflows, with BlackRock's IBIT ETF fund leading with a significant inflow of $72.1 million. Bitcoin's price remains below $60,000, facing higher price rejection and a declining daily EMA 200 average.
ANALYST INSIGHT
Bitcoin's slow recovery may continue if the German government's selling pace persists. The cryptocurrency's price is currently trading at $57,329, with an intraday Doji bar seen during Asian market hours.
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Hey #MyFamily ! Just wanted to share some quick $BTC analysis with you all.
Right now, Bitcoin is at $56,905, down a bit by 1% in the last day. And get this, more than half the time, Bitcoin closes higher than where it started. Remember when Bitcoin hit that all-time high of $72,689 3 months back? Well, it's taken a bit of a dip since then, about 21.72% down from that peak.
The crypto world is always full of surprises, right? Let's keep up with the crypto rollercoaster ride together! 🎢💸
As a trader, I'm keeping a close eye on SATS/1000SATS. The coin has shown some impressive gains recently, with a 7% price jump in just 24 hours. While it's still 74.15% below its all-time high of $0.000817 (reached 6 months ago), I believe we might be seeing a turnaround.
Historical data shows that 1000SATS has closed above its opening price 44.55% of the time, indicating a potential for further growth. With the current momentum, I predict a continued uptrend in the short term. My target price for the next 24-48 hours is $0.000250-$0.000300. Let's see if SATS/1000SATS can break through the resistance levels and reach new heights!
WILL SOLANA REBOUND FROM ITS CURRENT SLUMP?‼️‼️‼️‼️‼️
The current price of Solana/SOL coin stands at $136.94, marking a 3% decline in the last 24 hours. Will SOL coin bounce back from this short-term drop, or will the current market conditions continue to weigh it down? One thing is certain - SOL's volatility makes it a coin worth keeping a close eye on.
The current price of dogwifhat/WIF coin stands at $1.58, marking a 5% decline in the last 24 hours. This downward trend is a far cry from its impressive peak of $4.57 just three months ago. Since then, the price has plummeted by a staggering 65.52%, leaving investors wondering if WIF will ever regain its former glory.
A glimmer of hope lies in the historical data, which shows that WIF has closed above its opening price 46.48% of the time. This indicates a potential for recovery, but the current market sentiment seems to be weighing heavily on the coin.
As we move forward, the big question is: will WIF coin bounce back from this slump, or will the downward pressure continue to drag it down? Only time will tell, but one thing is certain - WIF's volatility makes it a coin worth keeping a close eye on. #WIF.每日智能策略 #Write2Earn! #Ethereum_ETFs_Expected_Date #CPI_BTC_Watch
- PEPE'S PRICE HAS SEEN A DOWNWARD TREND IN RECENT HOURS, LOSING 5% OF ITS VALUE. - HOWEVER, HISTORICAL DATA SHOWS THAT PEPE HAS CLOSED ABOVE ITS OPENING PRICE 49.88% OF THE TIME, INDICATING POTENTIAL FOR RECOVERY. - THE ALL-TIME HIGH OF $0.0000167, REACHED JUST A MONTH AGO, SHOWS A SIGNIFICANT DROP OF -48.19% TO CURRENT PRICES.
WHAT'S NEXT FOR PEPE? 😲
- WILL PEPE REBOUND FROM THIS DIP AND CHALLENGE ITS PREVIOUS HIGHS? - OR WILL THE DOWNWARD PRESSURE CONTINUE, TESTING NEW LOWS? - ONE THING'S FOR SURE - PEPE'S VOLATILITY MAKES IT A COIN TO WATCH!
Keep an eye on PEPE's price movements, as its unpredictable nature can bring surprises ‼️‼️
Unbelievable profit alert! A savvy trader turned a modest investment of $242 into a staggering $250,000 on the Solana platform in under 24 hours, achieving a mind-boggling 1000x return! Here's the breakdown:
- Initial investment: 3 SOL ($242) - Purchased 38.5M MELON tokens - Sold 22.5M MELON tokens for 1,562 SOL ($143,000) - Retained 16M MELON tokens in two new wallets, valued at $107,000
Total profit: $250,000 in less than one day! This trader's bold move and timely sale resulted in an extraordinary gain. Will you be the next to achieve such success???
Cryptocurrency Scams: A Warning and a Wake-Up Call 🚨⚠️🙄
Stay vigilant and informed to avoid falling prey to fraudsters in the crypto space! Here are some notable scams to be aware of:
FTX: Collapsed in November 2022 due to mismanagement of customer funds, resulting in a 25-year prison sentence for founder Sam Bankman-Fried.
Luna and TerraUSD: Suffered a $60 billion loss in May 2022, leading to the arrest of founder Do Kwon in March 2023.
QuadrigaCX: Founder Gerald Cotten's death in 2018 left $215 million inaccessible, later revealed to be a Ponzi scheme.
Africrypt: Scammed investors out of 70,000 BTC in 2021, with founders Ameer and Raees Cajee under investigation for money laundering.
SafeMoon: Executives withdrew over $200 million for personal use in 2021, leading to SEC fraud charges.
Pro-deum: Vanished in 2018, leaving investors with significant losses.
Pincoin and iFan: Modern Tech's ICOs raised $660 million in 2018 through a Ponzi scheme, with the team disappearing after collecting funds.
Celsius Network: Paused withdrawals in 2022 and filed for bankruptcy owing $4.7 billion, now working to return assets to customers.
Centra Tech: Raised $25 million in 2017 with fraudulent promises, resulting in prison sentences for the founders.
Mining Max: Defrauded investors of $250 million in 2017, with only a fraction spent on mining, affecting 18,000 investors.
To protect yourself:
Conduct thorough research on the project and team Verify the team's credentials and expertise Be cautious of unrealistic promises and guarantees Diversify your investments to minimize risk Refrain from storing all funds in one place Stay up-to-date with market news and trends
By being aware of these scams and taking necessary precautions, you can mitigate the risk of falling victim to fraud in the crypto market. Always invest wisely and stay cautious!
Stay Vigilant: Lessons from My Crypto Journey (2021-2023)🫵⚠️⚠️⚠️⚠️⚠️⚠️
Ladies and gentlemen, I'm sharing my hard-earned insights from navigating the crypto market's wild swings. Heed my warnings and learn from my experiences!
Don't treat crypto like traditional investments: If you think crypto is similar to gold or real estate, exit the market now. You'll avoid potentially catastrophic losses.
Gambling vs. Trading: Be honest with yourself. If you're here for the thrill, you're a gambler, not a trader. I can't advise you to leave, as addiction is a powerful driver. However, if you're serious about investing:
Keep a close eye on Bitcoin ($BTC): Watch the $BTC chart closely, as it's a market leader. Understand its trends and patterns to make informed decisions.
Additional tips:
⚠️Stay informed but avoid emotional decisions: Fear and greed are common pitfalls. Stay up-to-date with market news, but make rational choices.
⚠️Diversify and manage risk: Spread your investments to minimize exposure. Set clear stop-losses and consider hedging strategies.
⚠️Stay patient and disciplined: Crypto markets are volatile. Stick to your long-term strategy and avoid impulsive decisions.
Remember, crypto investing requires resilience and adaptability. Stay vigilant, and may your investments thrive!
Get Ready for Liftoff: Top Meme Coins to Add to Your Portfolio Before the 2024 Bull Run!
1. $DOGE - The OG meme coin, leading the charge! 2. $SHIB - The Shiba Inu sensation with a massive following! 3. $FLOKI - Inspired by Elon Musk's pup, ready to make a splash! 4. $BONK - A rising star with a playful twist! 5. $WIF - The new meme coin on the block, ready to roar!
Remember, always manage your risk and do your research! Your support helps us provide top-notch investment advice. Stay tuned for more updates!
Notcoin (NOT) is on a tear! This play-to-earn game token on the TON blockchain has seen its market cap soar to $1.432 billion, with a current trading price of $0.015-$0.016. After launching at $0.01026 and hitting a high of $0.029, NOT has entered an uptrend, surging over 51%! With 102.5 billion NOT in circulation and a capped supply, retail investors are in the driver's seat. A recent token burn of 210 million has fueled the rally, and sentiment is sky-high. If NOT breaks above $0.017, it could retest its previous high of $0.030. But if it fails, it might drop below its launch price. The stakes are high, but the potential rewards are tantalizing. Stay tuned for the next move!
In a shocking move, the German government sold over 10,850 bitcoins worth $637 million to exchanges and market makers. But instead of a market downturn, it led to a rise in market sentiment!
Analysts say large investors, including whales and dealers, swooped in to buy discounted assets during the sell-off. Meanwhile, retail investors who panic-sold might have been the most affected.
Since June 19, the German government has sold a total of 36,748.4 bitcoins, worth approximately $2.156 billion. They now hold only 13,110 bitcoins, valued at around $757 million.
On-chain data analysts are closely monitoring these transactions, noting that some unsold bitcoins might still be returned to their original addresses, slightly lowering the actual sales figure.
This significant sell-off highlights the dynamics between institutional and retail investors in cryptocurrency markets. Despite initial fear-driven reactions, the market's ability to absorb such substantial sell-offs suggests a maturing investor base.
POLKADOT INVESTMENT SUCCESS STORY: A JAW-DROPPING 1567.5% RETURN!❓❓❓❓❓🧐🧐🧐🧐
Imagine investing just $20 in Polkadot (DOT) in August 2020 and selling it in November 2021. Here's how your journey might have looked:
Initial Investment: $20 = 6.67 DOT (at $3 per DOT)
Growth Phase: Polkadot's popularity soared, driven by its strong tech and innovative solutions.
Peak Value: 6.67 DOT = $333.5 (at $50 per DOT), a staggering 1567.5% return!
Key Takeaways:
- Choosing the right cryptocurrency and timing your investment can lead to remarkable rewards. - However, investing in cryptocurrencies carries high risks, and results can vary significantly. - It's never too late to consider investing in Polkadot, especially with today's market opportunities!
Warning: Don't Let Panic Sell Ruin Your Crypto Gains!⚠️⚠️⚠️⚠️⚠️⚠️🙄🙄🙄
Have you ever bought a token, watched it rise, and then panicked when it dipped? You're not alone! I've been there too. Here's how it usually goes down:
You buy a token at $0.001, hoping for a 5x gain to $0.005. It climbs to $0.0044, then starts to dip. You panic sell, feeling relieved when it dips further. But then, it surges to $0.0055, and you're left feeling bad, stuck in loss aversion mode.
The token keeps pumping, and you wish it would dip back to your sell price. But it doesn't, and you lose interest. Before you know it, the token has reached $0.01, and you've missed out on a 10x gain!
The key lesson here is that cryptocurrency is an investment, not a gamble. Don't let short-term emotions cloud your long-term gains. Do your research, invest, and hold.
For example, Wif was at $0.002 this year and is now above $2! Notcoin was at $0.005 and is now at $0.02. Don't miss out on potential 100x opportunities!
Stay calm, stay informed, and stay invested. Wishing you success in this bull run! Follow me for more tips and guidance.
Hey #MyFamily ! Just wanted to share some quick $BTC analysis with you all.
Right now, Bitcoin is at $56,905, down a bit by 1% in the last day. And get this, more than half the time, Bitcoin closes higher than where it started. Remember when Bitcoin hit that all-time high of $72,689 3 months back? Well, it's taken a bit of a dip since then, about 21.72% down from that peak.
The crypto world is always full of surprises, right? Let's keep up with the crypto rollercoaster ride together! 🎢💸
Courtroom Showdown: Coinbase vs SEC ‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️
In a heated hearing on Thursday, Judge Katherine Polk Failla questioned Coinbase's motion to subpoena Gary Gensler's personal communications. She called their reasons "fatuous" and inconsequential, particularly regarding Gensler's past comments before his SEC appointment.
Coinbase's attorney, Kevin Schwartz, argued that Gensler's background and statements are crucial to the case. However, the judge wasn't convinced, dismissing the demands for information prior to Gensler's tenure as chairman.
The SEC's senior trial attorney, Jorge Tenreiro, opposed the subpoena, calling it irrelevant and potentially setting a dangerous precedent. He emphasized that the case focuses on Coinbase's actions, not Gensler's personal statements or scholarly work.
SHOCKING NEWS OF THE DAY ⚠️❓ Whale Watch: $46 Million in Ethereum on the Move!
A massive Ethereum whale has made a splash, transferring $46.6 million worth of ETH to OKX. But what's behind this big move?
Experts suspect a sell-off, which could inject bearish sentiment into the market. However, the impact might not last long. Ethereum's price is already showing signs of recovery, trading above its 200-day EMA and SMA.
Despite the whale's sell-off, other major players are buying the dips. Justin Sun, for instance, just acquired a significant amount of ETH. The broader outlook remains optimistic, with Ethereum's price potential to recover recent losses.