If $BTC makes a new ATH it’s time to exit crypto until December.
This post might get a lot of hate,but I’m right. If we see $BTC rally above $75-$80k region and pump ALTs 20-30% in the next month i will be converting 80% of my ALT portfolio to USDT, I will hold $BTC and locked BNB and a few other holdings I have from previous years,nothing more.
My reasoning(very simplified)
Most importantly I’m in profit on ALL my holdings.(we are here to make money) If you follow in-depth financial news and understand it you know there is a storm brewing.(I could write for days, it’s to much information for here, if you know you know)
The market is saturated with absolute garbage projects sucking liquidity,face the facts ,95% of crypto is absolute garbage, the 5% that is not garbage has not been widely adopted enough to justify its current valuation.
I can name 10 reasons off the top of my head why we could see Crypto fall between now and December and other than the BTC halving I can’t find a single reason why we would see another parabolic bull run.
The US elections are nearing, I honestly don’t want my profits at risk because of the stance the next US president takes on Crypto,i also don’t want them in the hands of what Jerome Powell says in coming months.
We have had a bull run,a substantial one if bitcoin hits the 80k range and alts pump further, at some point market cap has to equate to value, we have projects valued at billions generating 50k a year in fees,its a bubble! Holding BTC from previous years and locked BNB for me is a no brainer, bitcoin regardless of whatever comes will hold value, BNB is backed and also farms.
Holding USDT allows me the freedom to take a step back and research projects I think will actually have a future and worth further investment,I research daily but I would much prefer a non biased view based on what I currently hold.
These are just my thoughts I don’t want to influence your decisions in any way.
I will keep researching and keep posting regardless.
Airdrops, the distribution of free tokens or coins to cryptocurrency wallet addresses, are a popular marketing tactic in the crypto world.
However, scammers have exploited this concept, devising elaborate schemes to trick unsuspecting users. This article delves into the world of airdrop scams, explaining their mechanics and offering crucial tips to help you avoid falling victim.
Understanding Airdrop Scams
Airdrop scams typically follow a few common patterns:
Phishing Websites: Scammers create fake websites or social media accounts that closely mimic legitimate projects. They promote these through various channels, luring users with the promise of free tokens.
Malicious Smart Contracts: Fake airdrops often require users to interact with a smart contract, often under the guise of verifying eligibility. These contracts can be programmed to steal funds or personal information from connected wallets.
Seed Phrase Theft: Some scams brazenly ask users to provide their seed phrase (a set of words used to recover a crypto wallet) to claim the airdrop. This is a major red flag, as no legitimate project would ever ask for this sensitive information.
Social Engineering: Scammers may impersonate project representatives or influencers, sending direct messages with fake airdrop links or instructions.
How to Avoid Airdrop Scams
Protecting yourself from airdrop scams involves a combination of vigilance and best practices: Verify the Source: Always double-check the official website and social media channels of the project offering the airdrop. Be wary of links shared in emails, direct messages, or on unofficial platforms.
Never Share Your Seed Phrase: Your seed phrase is the key to your crypto wallet. Never, under any circumstances, share it with anyone, even if they claim to be from a legitimate project.
Scrutinize Smart Contracts: Before interacting with any smart contract, research the project thoroughly. Look for audits and reviews from reputable sources to ensure its legitimacy.
Brace for Impact: Worldcoin Team Plans to Sell 1.5 Million WLD Tokens Weekly for Six Months Trend
Worldcoin (WLD) could face a significant downtrend in the coming weeks as the team plans to sell up to 1.5 million WLD tokens over the next six months, potentially causing massive selling pressure and impacting the token's price. Details on the Proposed WLD Token Sale Worldcoin revealed in a blog post that World Assets (a subsidiary of the Worldcoin Foundation) will sell between 500,000 and 1.5 million Worldcoin tokens weekly to a group of institutional trading firms outside the United States. This token sale will be conducted through private placements and is expected to last up to six months.
As a result, up to 36 million WLD tokens could be sold under this arrangement. Notably, these tokens are not part of the current circulating supply, as Worldcoin stated that "the circulating supply of WLD will accordingly increase" as token sales progress. This means that the circulating supply of Worldcoin could see an increase of 18.6%, reaching over 229 million WLD tokens once the private sale is complete. This development is undoubtedly a concern for WLD holders, given the potential impact on the cryptocurrency token's price movement. However, Worldcoin has attempted to downplay the effect of this token sale, noting that a weekly sale of between 500,000 and 1.5 million WLD tokens represents "less than 0.1% to 0.4% of the current weekly trading volume."
Meanwhile, World Assets "may seek to include a 40-day lock-up period restricting the resale of WLD by the trading companies," Worldcoin remarked. This could also help reduce the high volatility that might result from an immediate sell-off by these trading companies.
In 1929 the stock market crashed 90% In 1973 the stock market crashed 50% In 1987 the stock market crashed 35% In 2008 the stock market crashed 55% In 2020 the stock market crashed 35%
And recovered to all-time highs each and every time.
Since 1926, the stock market has returned an average 10.5% per year.
Never let short-term fear control long-term decisions.
😱🔥The Halving has officially happened: What happens now? All eyes are on Bitcoin
Halving has taken place in #Bitcoin and block rewards have decreased from 6.25 #BTC to 3.125 BTC, the expected halving in Bitcoin has officially taken place. The block rewards given to miners dropped by half at the 840,000th block at 00.09 UTC time. According to this, miners will earn 3,125 BTC from block rewards instead of 6.25 BTC until the next halving in 2028. Thus, the amount of Bitcoins produced per day was also limited to 450 BTC, while it was 900 BTC.
Everyone was waiting for today in the crypto money market. after the previous halving in 2020, investors had started to wait for 2024. the 4-year wait ended as of today and the halving was completed without any disruption.
How will Halving affect Bitcoin?
Halving is a mechanism that allows Bitcoin to have predictable inflation. Thanks to halving, which takes place every four years, the speed of launching new Bitcoins is gradually slowing down. This rule, laid down by the creator of Bitcoin, Satoshi Nakamoto, makes Bitcoin a deflationary asset.
Since the amount of Bitcoin produced per day will decrease from 900 BTC to 450 BTC, the selling pressure created by miners will decrease in the short term. In the medium and long term, there will be half as many Bitcoins released as before. It is thought that this situation will also have a positive impact on the price.
In retrospect, the rises seen after halving stand out. Bitcoin had increased by 9 thousand percent in the 12 months after the first halving in 2012. in 2016, this was 375 percent, while in 2020 it was 600 percent. The Deceleration experienced by Bitcoin after halving has enabled a link to be established between halving and price increases.
Investors are eagerly waiting to see how the price of Bitcoin will fare after the last halving we left behind.
The #Bitcoin❗️ has just completed its 4th halving, so let me explain what that means in concrete terms and what it portends for the future since I haven't really talked about it since.
The halving is the event that involves halving the reward per mined block on the Bitcoin network, in other words, halving miners' pay while increasing the mining difficulty.
The reward was 6.25 BTC per block just an hour ago and will now be 3.125 BTC. You know a block is generated every 10 minutes, so per day we had 900 BTC distributed to miners, which creates a selling pressure of 58 million every day. From now on, this selling pressure drops to 29 million, significantly reducing inflation.
Mining difficulty increases, so miners will need to invest in more powerful machines to remain competitive. This will result in increased electricity and equipment costs, thus increasing the production cost of #BTC.
This halving will push the average production cost of a BTC to around $38k. Therefore, it is not in the miners' interest for the price to revisit these levels, otherwise they would mine at a loss and no merchant sells at a loss.
During the last halving, the price of BTC was at $8k, and 4 years later we're at $65k. The question is where will this price be at the next halving in 2028. I'll leave you with that thought...
If you do not know any analysis, just a little logic.
Now, reducing BTC by half means an increase. 70,000 or 250,000 does not matter.
What will whales and stock markets do about the rise in BTC?
BTC will be sold.
Will he buy back the BTC he sold? (No)
What he will do!
First, they will sell us the news (war, food, stock market crash) and create fear.
This time, as BTC is sold, fear will start in the market and a breakout of altcoins will begin.
And that will cause BTC to rise dominantly and if BTC falls 2 Altcoins will fall 5. And BTC will start investing the money sold in altcoins at low prices and the altcoin season will begin.
This cycle is always like this.....
In short, when whales buy BTC, buy, when buying altcoins, buy altcoins.
As I said above, first they will sell the news, that is, create speculation. And this week is all negative, bad news.....
My expectation. The more bad news, the higher the market rises.
For me, some principles are about minimizing losses from the beginning.
Trade with 30% of the capital. Always have capital on hand to reduce costs during crises and not miss other opportunities.
According to some resources of Whales, as OMNI has a very limited supply of only 100M, it's launch price is expected to be around $50 and is expected to make a quick pump and dump scenario on launch, I personally think it may hit a $100 mark and then come back down to $60-70 range.
Upon Launch Coin price is very volatile and no can predict exactly where it could reach, DYOR before investing and only invest what you can lose, IMO you won't lose, but might have to HODL, also don't invest more than 5-10% of your total portfolio into one single coin.
A massive amount of Shiba Inu tokens has been on the move. In the last 24 hours, 765 billion SHIB tokens were found being transferred between large entities on the market. Most of these SHIB tokens are being sent to trading platforms like Coinbase, which often means that the holders might be getting ready to sell. If lots of tokens are being moved to be sold, SHIB's price might face a substantial surge of pressure, which is the last thing the token needs right now.
Looking at the detailed transaction history, we can see huge amounts - ranging from about 45 billion to over 123 billion SHIB landing in the hands of major trading apps and platforms. From a technical perspective, there is a distinguishable triangle pattern forming. This means the price has been bouncing between higher lows and lower highs, coming to a point where it has to break out. Think of it like a coiled spring that is ready to jump out in either direction.
The chart shows two important price levels to keep an eye on: one where the price struggles, with resistance at around $0.000029, and another where it does not seem to fall below, near $0.000019. Right now, SHIB is trading above the key moving averages, which may be a positive sign for those holding the token. For now, if the trend shows more signs of selling, the price could head toward the lower support level. On the flip side, if SHIB breaks out above the triangle pattern, we might see the price rise and test new highs.
As the activity of whales and large traders surges, we might see Shiba Inu's volatility increase on par with it. The market could be on the verge of a prolonged recovery, and the surge in Shiba Inu transactions might be a precursor to a bullish reversal for the token.
Predict the price of BTC at 20th April 00:00 (UTC+0) to win up to $10000 of SATS token rewards!
To mark this milestone of Bitcoin Halving, all verified users can complete specific tasks on Binance Square during the Activity Period, and qualify for up to $10,000 of SATS token voucher reward. Activity Period: 2024-03-04 09:00 (UTC) to 2024-04-14 09:00 (UTC)All KYC-verified Binance users who log into their Binance accounts and complete the following tasks during the Activity Period will qualify for the $10,000 of SATS reward. Tasks: Comment your prediction for the price of BTC on 20th April 00:00 (UTC+0) on this post. Share this post on your social media and #HalvingHorizonsThe user with the closest prediction will win $5000. If more than one user shares the same prediction, you’ll share the price pool. AndIf you correctly guessed the price and signed up for a Binance account during the activity period through the shared link of this post or the Binance Square referral link, you can unlock a share of extra $2000 price poolAndIf you correctly guessed the price and completed at least 10 trades during the activity period, you will unlock a share of the extra $3000 price poolEach user can only submit 1 entry. Terms & ConditionsThis activity may not be available in your region. Eligible users must be logged in to their verified Binance accounts whilst completing tasks during the Activity Period in order to qualify.The $10,000 of SATS token voucher rewards pool will be divided equally among all qualified users.Winners will be notified via a push notification under Creator Center > Square Assistant. Voucher rewards will be distributed within 21 working days after the activity ends. Users may check their voucher rewards via Profile > Rewards Hub. The validity period for the voucher is set at seven days from the day of distribution. Learn how to redeem a voucher.Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to cancel a user’s eligibility in this activity if the account is involved in any behavior that breaches the Binance Square Community Management Guidelines or Binance Square Community Platform Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Additional promotion terms and conditions can be accessed here.There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.
💸 LAST WAY TO GET RICH 💸 JOIN WITH JUST 1$ AND WIN 500$ EASILY NOTE : WHEN YOU PAY 1$ TO JOIN IT WON'T BE DEDUCTED FROM YOUR ACCOUNT If you didn't receive 500$ binance will return ur money 😱 which means if you have 1$ in binance it's free to join 😮 scan the attached QR code to win 500$ Try Your luck it's a free opportunity 💥