The Binance effect on #TRUMP
Everytime a new coins gets released on Binance, it seems a lot of people jump on the train expecting huge gains, which happened with Trump coin yesterday. You see post after post of people buying into the hype, while others are exiting from their purchase prior to getting listed.
The following day post after post is I lost all my money on this coin it's a scam. This usually happens close to the price bottoming out, well surprise this is when the people that originally bought in start putting some profits back in.
I myself did buy in yesterday, but caught the dip at about $24, I was selling at max hype taking out my original investment plus some profits.
This morning, everyone has gone broke and are probably scared of crypto, and you should be. You probably lost a big chunk of money.
When I woke up, I noticed the price leveling out and changing directions as most people have probably exited, already taking losses with them. Well, guess what? I was able to redeploy my gains back in, in increments to catch an average of about $35.50 deploying about 20 Sol, which I made off of the coin everyone is calling a rug.
The president didn't rug his coin. In fact, they are very transparent on when they will be selling back into the market, with the first tranche starting in 3 months. The first tranche is actually quite small and the largest one being in about 3 years.
Moral of the story is be patient and watch the trends, don't buy the hype, buy the blood from the streets when the pain is the loudest and don't put your whole wad in at once, buy in bits to average in. It's not about getting the absolute bottom, it's about making sure you have enough integrity to prevent buying into the next big drop.

#TRUMPOnBinance I foolishly aped in on #Trump with 20 Sol at $24 yesterday and realized I was up $25k when I woke up and I'm not selling... the token allocation is what did it for me as the last 85% of the tokens will be rolled out over the next 3 years with only 8% being distributed in 3 months. To me buying SOL and Trump was a no brainer... The president elect could never get away with a rug, plus many of his faithfuls are probably all in on this thing. For Solana, you couldn't get a better endorsement than the president putting out memes on your chain, so I loaded the boat.

#TrumpCountDown My gains this year have been life changing, and we haven't really even started yet.
#ALGO #ADA #AVAX #DOT

There are so many panic posts today!
while everyone is freaking out because they are losing money, I'm continuing to do what I have done for the last ten years. Buy the dip and hold.
I am not looking to get rich today, I use my holdings for a reserve asset for my businesses and my personal growth as I choose not to hold fiat. My strategy is to grow long-term until I don't need to stack anymore, and my generational tree has succeeded.
I have never lost money holding Bitcoin for periods of 4 years or more.
I use my holdings when business is slow or I need extra money, but instead of traditional saving models, this is how I chose to save my money and grow.
I also see people going all in on memes this is possible cause for panic and if you are looking for a get rich fast scheme you are probably just as likely to hit all in on black at the roulette tables.
Remember, it is healthy for consolidation periods and dips to set up support for further price actions. The longer the consolidation periods, the bigger the squeeze.

Algorand has the potential to be a top 10 blockchain due to several key strengths:
* Scalability and Speed: Algorand utilizes a unique Pure Proof-of-Stake consensus mechanism that enables incredibly fast transaction speeds and high throughput. This is crucial for real-world applications that require quick and efficient processing.
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* Sustainability: Algorand's Proof-of-Stake mechanism is significantly more energy-efficient than Proof-of-Work systems like Bitcoin, making it a more environmentally friendly option.
* Developer-Friendly: Algorand offers a robust and developer-friendly platform with a growing ecosystem of tools and resources. This makes it easier for developers to build and deploy decentralized applications (dApps) on the network.
* Real-World Applications: Algorand is actively pursuing real-world applications in various sectors, including finance, supply chain management, and identity verification. This practical focus can drive adoption and increase the value of the network.
However, it's important to note that:
* Competition: The blockchain space is highly competitive, with established players like Ethereum and newer entrants vying for market share.
* Market Volatility: The cryptocurrency market is inherently volatile, and the price of ALGO (Algorand's native token) can fluctuate significantly.
* Regulatory Uncertainty: The regulatory landscape for cryptocurrencies is still evolving, and changes in regulations could impact Algorand's growth.
Disclaimer: This information is for general knowledge and informational purposes only.
#ALGO

Why I'm Obsessed with Algorand's Dynamic Ecosystem
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I've delved deep into countless blockchains, encountering vibrant communities, compelling use cases, and impressive yields. Yet, none have offered the unparalleled flexibility and compounding potential that Algorand provides. This is truly a unique and captivating ecosystem where my coins work tirelessly for me, maximizing my gains in every dimension.
#ALGO

sell it... don't hold onto 💩 coins unless you want to lose your money

they want to pump it, because they have been holding for years hoping to exit

open source and decentralized or it's garbage

I believe it's worthy of a top 5 coin

paper hands lol

all in

just a matter of time before the memes get decimated

Call me crazy, but while everyone is freaking out, I just injected another $20k USD or close to $30k of my local currency into Alts. over the last hour I am up considerably, I am long with another year time-frame. #ADA

Sounds like a great time to buy those power plays, I am seeing a lot of panic on the posts. Nobody said investing in crypto is easy, but what comes with experience is patience.
If you are freaking out, maybe you have more in the game than you are willing to lose. I'm personally all in and still enjoying life outside of the noise. Don't allow your investments to dictate your life. Pre Christmas we are supposed to take profits to enjoy life. January is a new month and new year, step away from the screen and enjoy what life has to offer outside of speculative trades that may or may not pan out. If you are scared, take a chance to revisit your strategy so it's not keeping you up at night, or making you contemplate harming yourself. We learn from the experience and move forward. In life we can always make more money, but we can never get the lost time back we squandered in our risk with no plan on escape or risk management
I'm going to go out and have the best Christmas ever with my family with all the money we took off the table leading up to the sell-offs...

$VANA Reversal incoming, with big gains from here. First stop around $20 Breakout confirmed

$VANA I'm actually bullish on this project, it has a great concept that is unique, I always wanted ownership of my own data. I'm going to buy this one heavy when it cools down, for at least a squeeze. $20 target.

I feel the only reason #ALGO is going down is because of a #memecoin #MONKO that coin has been fire since it got listed with no slow down in sight. Everyone is swapping for this thing it feels like. I never play memes, but if I did, that's one I would grab up.

$EURC Coinbase has just sent a letter out to all European customers stating only 2 stable coins meet regulated standards. one being $EURC the only compliant stable coins, which is on the Algorand network.
#ALGO

which blockchains in the top 60 have never experienced network downtime or inaccessibility?
#ALGO #ADA