Formerly Professor (Instructor) and Researcher at ULA (VE). Today, very enthusiastic and curious on crypto assets, Web3 and relative topics! And please... #DYOR
Greetings to everyone! I want to share my thoughts on #PAXGBTC Spot Grid and my last experience with it.
My first experiences with trading bots started some months ago with the same pair, making a lot of mistakes while trading that way. Two mistakes in particular have to be taken into account: (a) activating bots with start price just in the middle of the whole grid, and (b) not taking into account that PAXGBTC grids make profits when PAXG rises and/or BTC falls.
The current market behavior has made two patterns which helped taking profits with this Spot Grid. The first one, the posts raining out that, while BTC reached ATH, trading volume started to slow down -meaning an eventual fall in prices. The second one, PAXG (as gold and gold-backed assets) showed a slow but sustained rise in the long term, which helped to take the decision of activating the Grid while BTC was still over 71k-72k.
Of course, a mysterious move PAXG made in April's third weekend helped a lot in accelerating general grid profits, and I say this particular issue because the distances between each order are far away in purchasing prices, which makes orders closure processes running veeeery slow.
In any case, this Grid is helping me to take profits while BTC is making its current fall, and even if eventually it will end later or earlier, it's making me feeling happy, calmed, and confident with current market bleed. A little great finance experiment to tell the children in the future.
This is the first time I post something here in Binance Feed (Binance Square now), and I want to share a Red Packet link here with you, while getting practice with this service!
If you need the direct link for PC: https://s.binance.com/3Fv5dMZh
PAXG is an excellent asset for keeping value in time especially with the current BRICS "dedolarization" discourse, but it will never run parabolic as other cryptoassets have done.
Omg!! 😱 guys, we really need to talk more about this =>
There’s a huge difference 🔥 between borrowing and supplying capital to earn more from a coin’s appreciation 📈 versus using leverage, which can destroy liquidity 💥 so fast it’ll make your head spin.
When you borrow and supply from a coin that has real potential 🌱, it’s actually low risk — kinda like spot trading but with the added bonus of about 20% extra capital appreciation 💰💸.
Some people say it’s not worth it 🤔 and lump it together with leverage, but honestly, those two are NOT the same thing 🚫⚠️.
Get your facts straight and don’t mix up apples 🍎 and oranges 🍊 when it comes to your crypto moves!
I am in Venezuela, and I have to tell you two things: (a) the parallel price has not disappeared, it has only dropped a little; (b) in no country does the parallel price of a currency disappear.
Criptoenn
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what do you think about the dollar in Venezuela, I am here thinking about what I have seen, people lose control and start looking for apps with strange dollar prices. because the parallel rate has disappeared. but the same population I think is negative because even so they want a parallel price maybe they won't like my comments but I see a lot of ignorance in this country
You can open two Spot Trading bots: (a) a BTCUSDT bot for earning in the rises, and (b) a PAXGBTC bot for earning in the falls (when BTC falls down and/or PAXG rises).
Excellent! Sure, the goal is to reach 1 USD! 🚀 Of course, certain conditions apply... 🤣
Feras - CryptorInsight
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Bullish
🚨🚀 Pump Detected! 🚀🚨
$BTTC is showing massive upward momentum! 💹 Surging to $0.00000082 and hitting the daily high! High volume suggests further upside. RSI is deep into overbought territory, indicating strong buying pressure. Watch for a potential push towards $0.00000085 and beyond.
Buy and trade here on $BTTC {spot}(BTTCUSDT) #bttc
I haven't bought OOOOOOOOOOOMMM (🤣) before because I considered it a bit expensive, but now I've bought the equivalent to just one dollar (1 DAI) for testing it 🤔
EyeOnChain
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Bearish
THE BIG QUESTION: How Did It Start? Dormant Wallet Sends $12.58M in $OM Before Crash Just hours before the #om crash, a wallet that had been inactive for over a year suddenly moved 2 million $OM — worth $12.58 million at the time — to another address potentially linked to Shane Shin (@KeunShane). Now? That same holding is worth just $1.57 million. This unexpected transfer has sparked intense speculation: Was this connected to rumored OTC deals? Did someone know what was coming? The sending wallet: 0xbD2922436c4Ee5f98a9F41e9d1E67e3Cb9BBBAa4 Its reactivation just before the collapse is too timely to ignore. Coincidence or coordinated move?
The most obvious problem with BTTC is that it has too much issuance relative to its capitalization, but this allows for something very interesting: many more people will be able to capitalize hard in time
marisolh
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$BTTC the truth is I bought it because I was reading about BTTC and it is a very important and interesting currency 😊 I just don't understand why it is stagnant