🚨5 Steps for Maximizing Profit with a New Coin Project (Apply these Steps to ENA Coin)🚨
📌1. Avoid Launchpool: Skip the pre-listing program where coins are bought before listing. The algorithms favor coin owners, with 80% of investors experiencing minimal losses.
📌2. Hold Off on Investing: Despite high percentages attached by Binance during a new coin's launch, refrain from investing post-listing. Early investment often leads to significant losses, even if you've seen other coins skyrocket before.
📌3. Exercise Patience: The new coin market operates dynamically based on money inflow and outflow. Despite fluctuations, stay calm and patient.
📌4. Wait for All-Time Low: Expect panic selling as early investors bail out, causing the new coin to plummet. Typically, a new coin drops 35-40% to reach a new 24-hour all-time low. Consider investing once it's down at least 30%.
📌5. Time to Invest: Once the new coin has dipped by at least 30%, it's prime for investment. Expect significant profits as the coin recovers, maintaining credibility with traders and Binance.
⚠️While early investment and waiting out the dump are viable strategies, there's a risk of minimal returns or the coin not returning to its initial price. Example: STRK coin.
Could Cryptos survive challenges in the coming years?
Predicting the future of anything, especially with the volatility of the crypto market, is challenging. So there are factors that could influence the survival of cryptos in the coming years:
Challenges:
- Regulation: Increased government scrutiny and regulations may impact adoption and hinder innovation within the space.
- Sustainability: The high energy consumption of some blockchain technologies raises environmental concerns, potentially leading to negative public perception and regulatory restrictions.
- Economic Downturns: If global economic conditions worsen, investors may become more risk-averse, affecting the crypto market, particularly speculative tokens.
- Fraud and Scams: Continued scams and hacks within the crypto industry can erode trust and hinder wider adoption.
Opportunities:
- Technological Advancements: Improvements in scalability, security, and efficiency of blockchain technology can attract new users and developers.
- Institutional Adoption: Growing interest from mainstream financial institutions and corporations could legitimize and stabilize the market.
- Real-World Applications: Expanding practical use cases for blockchain technology beyond just financial transactions, such as supply chain management and identity verification, can increase user base and utility.
- Decentralization: The inherent decentralized nature of cryptocurrencies can be appealing in contexts where trust in central authorities is low.
Overall, I think Survival will likely depend on the ability to address critical issues, adapt to evolving regulations, and develop real-world applications that provide tangible value beyond speculation.
Ultimately, the decision of whether or not to invest in cryptos is a personal one based on your risk tolerance and investment goals. Remember, investing in any asset class carries inherent risks, and the crypto market is particularly volatile.
Thanks for passing by and reading. Good luck 🍀 always. Have a great time all of you.
Could Cryptos survive challenges in the coming years?
Predicting the future of anything, especially with the volatility of the crypto market, is challenging. So there are factors that could influence the survival of cryptos in the coming years:
Challenges:
- Regulation: Increased government scrutiny and regulations may impact adoption and hinder innovation within the space.
- Sustainability: The high energy consumption of some blockchain technologies raises environmental concerns, potentially leading to negative public perception and regulatory restrictions.
- Economic Downturns: If global economic conditions worsen, investors may become more risk-averse, affecting the crypto market, particularly speculative tokens.
- Fraud and Scams: Continued scams and hacks within the crypto industry can erode trust and hinder wider adoption.
Opportunities:
- Technological Advancements: Improvements in scalability, security, and efficiency of blockchain technology can attract new users and developers.
- Institutional Adoption: Growing interest from mainstream financial institutions and corporations could legitimize and stabilize the market.
- Real-World Applications: Expanding practical use cases for blockchain technology beyond just financial transactions, such as supply chain management and identity verification, can increase user base and utility.
- Decentralization: The inherent decentralized nature of cryptocurrencies can be appealing in contexts where trust in central authorities is low.
Overall, I think Survival will likely depend on the ability to address critical issues, adapt to evolving regulations, and develop real-world applications that provide tangible value beyond speculation.
Ultimately, the decision of whether or not to invest in cryptos is a personal one based on your risk tolerance and investment goals. Remember, investing in any asset class carries inherent risks, and the crypto market is particularly volatile.
Thanks for passing by and reading. Good luck 🍀 always. Have a great time all of you.
The crypto world is abuzz with excitement and anticipation this week, as the potential approval of a spot Bitcoin ETF looms large.
Bitcoin ETF:
All eyes on the SEC: The US Securities and Exchange Commission (SEC) is expected to make a decision on the first-ever spot Bitcoin ETF as early as this week. This could be a major milestone for the industry, potentially leading to increased institutional investment and driving up Bitcoin prices.
Grayscale files amended application: Grayscale Investments, the world's largest digital asset manager, has filed an amended S-1 registration statement for its proposed Bitcoin ETF. The new filing includes a 1.5% expense ratio, which is lower than the initial 2.5% proposal.
Gensler issues warning: Despite the ETF buzz, SEC Chair Gary Gensler has reiterated his concerns about the crypto market's potential for fraud and manipulation. He urges investors to be cautious and do their research before investing.
Other news:
Bitcoin price fluctuates: Bitcoin's price has been volatile this week, reaching a high of nearly $47,000 before dipping back down. Experts are divided on whether the ETF approval will trigger a significant rally or a sell-off.
Solana rebound: Solana, the smart contract platform, has seen a recent price surge, possibly fueled by speculation about its potential for growth in the NFT and DeFi sectors.
Mysterious Bitcoin transaction: A mysterious $1.2 million Bitcoin transaction to Satoshi Nakamoto's original wallet has sparked speculation about the identity of the creator of Bitcoin.
Price of BCH today The live price of Bitcoin Cash is $ 279.83 per (BCH / USD) with a current market cap of $ 5.48B USD. 24-hour trading volume is $ 531.29M USD. BCH to USD price is updated in real-time. Bitcoin Cash is +9.32% in the last 24 hours with a circulating supply of 19.60M.
Argentina Considers Crypto Amnesty under New President Javier Milei
Following the election of Javier Milei, a vocal proponent of Bitcoin, Argentina's government has made waves with a new bill aiming to simplify crypto asset declaration and potentially grant amnesty for past tax issues, on December 27th, the "Law of Bases and Starting Points for the Freedom of Argentines"
• Easing Crypto Disclosure:
The proposed legislation introduces an "asset regularization scheme" specifically designed for cryptocurrency holdings. This plan seeks to incentivize Argentines to declare their crypto assets, regardless of their origin or location. It reportedly wouldn't require extensive documentation about acquisition sources, potentially lowering the barrier to entry for those hesitant to formalize their crypto ownership.
Hope this new decision be applied in all countries, so cryptos can rise up again.