Digital CM
@mdcm
el deseo de ganar sea mayor a la sensación de perder
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Let's give it to them
$DGB This currency gives brutal profits, let's pump it and we all win
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In Binance (and in general in any financial market), demand and supply refer to the behavior of buyers and sellers in the market. Here I explain each term:
Demand (Buy Orders):
• Represents the buy orders that users place in the market.
• Buyers are willing to pay a specific price for an asset (such as Bitcoin, Ethereum, etc.).
• These orders appear in the order book as lower prices than the sell orders, as buyers seek to pay as little as possible.
• Example: If you place an order to buy Bitcoin at $36,000, you would be adding to the demand.
Supply (Sell Orders):
• Represents the sell orders that users place in the market.
• Sellers offer their assets at a specific price.
• These orders are usually at higher prices in the order book, as sellers want to obtain the highest possible profit.
• Example: If you have Bitcoin and you want to sell it for $37,000, your order will be part of the supply.
Demand-Supply Relationship in Binance:
• The market price (current price) is determined at the point where demand and supply meet.
• If there is more demand (many buyers willing to pay more), the price tends to rise.
• If there is more supply (many sellers wanting to sell cheaper), the price tends to fall.
In the Binance order book, you will see something like this:
• Green columns (Bid): Show the buy orders (demand).
• Red columns (Ask): Show the sell orders (supply).
Demand (Buy Orders):
• Represents the buy orders that users place in the market.
• Buyers are willing to pay a specific price for an asset (such as Bitcoin, Ethereum, etc.).
• These orders appear in the order book as lower prices than the sell orders, as buyers seek to pay as little as possible.
• Example: If you place an order to buy Bitcoin at $36,000, you would be adding to the demand.
Supply (Sell Orders):
• Represents the sell orders that users place in the market.
• Sellers offer their assets at a specific price.
• These orders are usually at higher prices in the order book, as sellers want to obtain the highest possible profit.
• Example: If you have Bitcoin and you want to sell it for $37,000, your order will be part of the supply.
Demand-Supply Relationship in Binance:
• The market price (current price) is determined at the point where demand and supply meet.
• If there is more demand (many buyers willing to pay more), the price tends to rise.
• If there is more supply (many sellers wanting to sell cheaper), the price tends to fall.
In the Binance order book, you will see something like this:
• Green columns (Bid): Show the buy orders (demand).
• Red columns (Ask): Show the sell orders (supply).
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Solana (SOL) price for December 2024 could vary depending on several market factors, but projections suggest an average range of between $150 and $250. Some optimistic analyses, considering a bull market, project even higher values, up to $354 in case of a strong performance of the Solana ecosystem and favorable market conditions【7】【9】【10】.
Solana is currently benefiting from the growth of its ecosystem in areas such as decentralized finance (DeFi) and NFTs, although it faces challenges such as congestion on its network. These dynamics will significantly influence its behavior over the coming months【9】.
If you are interested in investing, it is important to monitor the technical development and general trends of the cryptocurrency market before making decisions. #sol
Solana is currently benefiting from the growth of its ecosystem in areas such as decentralized finance (DeFi) and NFTs, although it faces challenges such as congestion on its network. These dynamics will significantly influence its behavior over the coming months【9】.
If you are interested in investing, it is important to monitor the technical development and general trends of the cryptocurrency market before making decisions. #sol
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Alright
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And from my country, couldn't it be sent?
Serious Question, I read suggestions and advice.
Example
If one of these days I won $5000 with Shiba Inu, with an investment of $500
How would I manage to keep my money considering the following:
In my country, the only cryptocurrency with legal tender is Bitcoin, profits from other cryptos according to my country's Bitcoin law are considered money laundering, illicit enrichment, and there are legal issues, meaning I couldn't convert the supposed $5000 in Shibas to USDT and then send that money to my bank because they would start an investigation against me.
What can be done in those cases? Someone told me to convert it and send it to your PayPal account and make digital purchases, but what if I wanted to make cash money?
Example
If one of these days I won $5000 with Shiba Inu, with an investment of $500
How would I manage to keep my money considering the following:
In my country, the only cryptocurrency with legal tender is Bitcoin, profits from other cryptos according to my country's Bitcoin law are considered money laundering, illicit enrichment, and there are legal issues, meaning I couldn't convert the supposed $5000 in Shibas to USDT and then send that money to my bank because they would start an investigation against me.
What can be done in those cases? Someone told me to convert it and send it to your PayPal account and make digital purchases, but what if I wanted to make cash money?
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The price of Binance Coin (BNB) by the end of 2024 has diverse estimates depending on market conditions:
1. Moderate scenarios: According to recent technical analysis, BNB could exceed $700 if the cryptocurrency market maintains its upward trend. This would be possible due to the current support at levels close to $560-$580 and an increase in buying activity  .
2. Optimistic scenarios: Some analysts suggest that if regulatory issues in the Binance ecosystem are resolved and global adoption continues, BNB could reach prices close to $900 or more. However, this depends on various factors, such as the overall market evolution and the success of Binance's token burn strategies  .
It is important to remember that the cryptocurrency market is highly volatile and prices can change rapidly. Before investing, make sure to conduct thorough analysis and consider the risks.
1. Moderate scenarios: According to recent technical analysis, BNB could exceed $700 if the cryptocurrency market maintains its upward trend. This would be possible due to the current support at levels close to $560-$580 and an increase in buying activity  .
2. Optimistic scenarios: Some analysts suggest that if regulatory issues in the Binance ecosystem are resolved and global adoption continues, BNB could reach prices close to $900 or more. However, this depends on various factors, such as the overall market evolution and the success of Binance's token burn strategies  .
It is important to remember that the cryptocurrency market is highly volatile and prices can change rapidly. Before investing, make sure to conduct thorough analysis and consider the risks.
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For Render Token (RNDR), price predictions for the end of 2024 vary according to market analysis, but two main scenarios stand out:
1. Conservative projection: Some predictions place the price between $5 and $5.55, considering moderate growth and possible corrections in the market  .
2. Optimistic projection: With a bullish recovery scenario in the fourth quarter of the year, driven by greater adoption of technologies related to artificial intelligence and rendering, RNDR could reach highs between $11 and $28.80  .
Key factors that will influence include the adoption of Render Network in sectors such as VFX, the evolution of the crypto market in general, and improvements in the platform's technology.
1. Conservative projection: Some predictions place the price between $5 and $5.55, considering moderate growth and possible corrections in the market  .
2. Optimistic projection: With a bullish recovery scenario in the fourth quarter of the year, driven by greater adoption of technologies related to artificial intelligence and rendering, RNDR could reach highs between $11 and $28.80  .
Key factors that will influence include the adoption of Render Network in sectors such as VFX, the evolution of the crypto market in general, and improvements in the platform's technology.
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This week, the price of Ethereum could experience a slight increase according to various forecasts. Currently, ETH is around $3,347 and could hover around $3,487 in the next 30 days if it continues its trend of gradual growth. This prediction is based on market interest driven by factors such as the increase in transactions on the Ethereum network and the strengthening of its position as a leader in decentralized applications and smart contracts  .
In the long term, Standard Chartered and other experts see potential for Ethereum to reach between $5,000 and $8,000 by the end of 2024 or in 2025, driven by factors such as wider technological adoption and greater institutional support  . However, in the short term, the cryptocurrency market is highly volatile, so these values could vary significantly.
In the long term, Standard Chartered and other experts see potential for Ethereum to reach between $5,000 and $8,000 by the end of 2024 or in 2025, driven by factors such as wider technological adoption and greater institutional support  . However, in the short term, the cryptocurrency market is highly volatile, so these values could vary significantly.