Important‼️ Three basic rules for short-term trading in cryptocurrency
They can help you control risks and lock in profits in a volatile market: 1. Lock in profits promptly: If you buy a certain coin at a low price and its price rises by more than 10%, once it pulls back to your buying price, you should sell decisively. If you have made even more profit, such as 20% or 30%, make sure to retain at least a portion of the profit before withdrawing, to avoid profit erosion caused by market fluctuations. By doing this, even if you do not accurately identify the market peak, you can still ensure profits as much as possible during the rise. 2. Cut losses promptly: If your loss reaches a certain set value (such as 15%), you should sell decisively to stop the loss and avoid greater losses. This is to prevent further expansion of losses. It’s best to set a stop-loss point before investing and strictly adhere to it. If the price of the losing coin recovers, it also means that this trade has failed, and you must accept the loss and pay the price. 3. If the sold coin drops, buy it back at the original price: If the price of the coin drops after you sell it, and you still have confidence in it, you should quickly buy back the same amount of coins at a low price to ensure that the number of coins you hold does not decrease but rather increases your funds. Even if the price does not drop immediately after selling, when the coin price returns to its original price, you should buy it back without hesitation. Although this operation may incur transaction fees, it can help avoid missing out on subsequent significant price surges.
Summary: Short-term cryptocurrency trading requires quick decision-making, adherence to rules, and flexible adjustments based on market dynamics. Don’t get hung up on the lowest or highest prices; just seize opportunities within a reasonable range and manage risks well.
Bonus: Potential Meme Coin Focus As the dog that Musk mentions the most, Marvin has become a potential candidate for a Meme coin. If market sentiment rises further, small funds testing the waters in such projects may also yield unexpected surprises!
Big Event! Is 99% of SHIB tokens going to be burned? 🔥🔥🔥
Currently, SHIB's market value has reached $15 billion, and the speed of token burning is rapidly increasing! If 99% of SHIB is burned, could the price soar to $1? Or would this lead to the collapse of the entire SHIB ecosystem?
Recently, the burning process of SHIB has been as fierce as a storm, with the burn amount surging by 6220% in just a few days. Initially, there were 999 trillion SHIB tokens, and now 410 trillion have been burned, leaving 541 trillion tokens still circulating in the market.
Kusama, the chief developer of SHIB, stated that while he technically supports large-scale burning, he believes that burning is not a cure-all. SHIB's ecological projects, such as DeFi, are also crucial. He warned that if burning happens too quickly, SHIB's price might soar to a level that causes panic among buyers, leading to a decrease in market activity, which would, in turn, affect SHIB's development. To reach its maximum potential, a proper balance must be found between burning and other development measures.
Currently, SHIB's price is on the rise, and experts are optimistic about its prospects. Technical analysis indicates that as long as a certain key point is broken, the price is expected to rise to $0.000045. However, to push for $1, the SHIB community must find the best balance between burning tokens and optimizing projects like Shibarium.
Recently, I plan to set up a position in a potential coin that has the chance to explode; doubling is quite simple, with an expected upside of 10 times or more. If anyone wants to know, feel free to ask in the comments. #Marvin #Marvin7055 #山寨币市场观察 #历史见证者打卡 #比特币回升至97K $BTC
1. Legality of Trading Cryptocurrency: Currently, trading cryptocurrency itself is not illegal, but be aware that bank accounts may face restrictions, especially with large transactions involved. 2. Making Money from Cryptocurrency and Property Crimes: Trading cryptocurrency through legitimate channels does not constitute a crime of unclear property sources, but trading still carries risks that must be borne by the individual. 3. Reasons for Suppressing Virtual Currency: Virtual currencies are difficult to regulate and can be exploited by criminals, which is one of the reasons various countries suppress virtual currencies. 4. Receiving Suspected Funds from Selling USD: If you receive suspected funds while selling cryptocurrency, you may face criminal liability, so ensure the source of funds is clear. 5. Selling USD at High Prices and Illegal Business Crimes: Illegal business crimes typically refer to the illegal activities of exchanges and cryptocurrency dealers; if high-priced USD sales are involved, you may be held accountable. 6. Repeated Freezing of Accounts: If an account is frozen multiple times, it may be deemed as being aware and suspected of money laundering, so avoid frequent operations. 7. Exchanges Selling USD: Be cautious when choosing exchanges; some platforms may be involved in black market transactions, leading to account freezes and other legal risks. 8. Legality of Cryptocurrency Dealers and Exchanges: If a dealer or exchange is illegal, participating investors may face legal responsibilities, so choose platforms carefully. 9. Selling USD at High Prices Over-the-Counter: Selling USD at high prices in over-the-counter transactions may involve illegal funds, so exercise extreme caution to avoid breaking the law. 10. Compliant Virtual Currency Exchanges: Try to choose compliant exchanges to ensure the platform has legal qualifications and avoid becoming a tool for illegal transactions. 11. Cash Deposits: Large cash deposits may attract the attention of regulatory authorities; it is advisable to operate through legal channels. 12. Account Receiving Millions: Exercise caution with large transfers, especially those involving cryptocurrency funds, as regulatory authorities may investigate the source of funds.
Summary: While there are opportunities to make money in the cryptocurrency space, the risks should not be ignored. To avoid legal issues, it is essential to maintain compliant operations and avoid involvement with unclear funds and illegal activities.
Recently, I plan to ambush a potential coin that has a chance of soaring, doubling is quite simple, with an expected space of 10 times or more. If anyone wants to follow along, please give a thumbs up ➕ comment. #Marvin #Marvin7055 #比特币重返10W大关 #以太坊领涨 #山寨币市场观察 $BTC $ETH $ENA
🔥The Industrial and Commercial Bank of China mentioned in a recent report that Bitcoin is regarded as "gold," while Ethereum is described as "digital oil."
Once upon a time, Bitcoin was seen as a Ponzi scheme, and regulators had repeatedly introduced policies to suppress cryptocurrency trading and mining activities. But now, the report from the Industrial and Commercial Bank of China may signify a shift in China's attitude towards digital currencies. By placing Bitcoin and Ethereum on such a high pedestal, the report effectively grants them a certain recognition of financial value, which is undoubtedly great news for the crypto market.
If China truly begins to recognize the value of Bitcoin and Ethereum, even integrating them into the future financial system, it will undoubtedly bring new momentum to the global crypto market, potentially driving Bitcoin prices to even higher increases. Especially for Bitcoin, if it breaks through $100,000, that may not be far-fetched.
Currently, the cryptocurrency market is still in a period of fluctuation, but this news will undoubtedly boost market confidence in Bitcoin and Ethereum. If China genuinely accepts and supports Bitcoin, it will lay a solid foundation for the next bull market and could become a catalyst for a new wave of growth in the crypto market!
Bonus: Potential Meme Coin Focus As the dog most mentioned by Musk, Marvin has become a potential Meme coin star. If market sentiment continues to rise, small investors may tentatively position themselves in such projects, which could yield unexpected surprises! #Marvin #Marvin7055 #比特币重返10W大关 #以太坊领涨 #币安将上市ACX、ORCA $BTC $ETH $ENA
🔥What kind of miracle would it be if you invested $100 in Bitcoin at its inception in 2009?
In 2009, Bitcoin was just born, and at that time, the price of each Bitcoin was less than $0.0008. You unhesitatingly used $100 to purchase 125,000 Bitcoins. This decision opened up your glorious journey of wealth. • In 2010, Bitcoin's price first broke $0.08, and your small investment had appreciated to $10,000. At that time, Bitcoin began to attract people's attention; although most were still unfamiliar with it, you had quietly welcomed your returns. • In 2011, Bitcoin experienced its first major surge, breaking the $1 barrier. Your investment account instantly ballooned to $125,000, making you the "invisible rich" in your social circle. • In 2013, Bitcoin exploded globally, with prices soaring to nearly $100, and your 125,000 Bitcoins were worth $12.5 million. At this point, you had become an ideal figure for many, and your wealth began to grow exponentially. • In 2017, Bitcoin entered its historic bull market, with prices once soaring to $20,000. Your initial $100 investment had transformed into $2.5 billion! This was not just an appreciation of wealth but also a symbol of an era, enough for you to possess the wealth of a small country. • In 2021, Bitcoin reached a new high of $64,000. By this time, your investment had grown into an $8 billion wealth empire, becoming the wealth legend that countless people dream of. • In 2024, even though the price of Bitcoin slightly corrected to $67,185, your assets still firmly stood at $7.75 billion, continuing to shine with the brilliance of the digital age, becoming a symbol of digital gold.
This fantastical journey from $100 to $7.75 billion proves that Bitcoin is not only the leader of digital currency but also a myth of wealth creation. Through this visionary investment, you have stood at the pinnacle of wealth, becoming a legend of the digital era.
Recently, I plan to stake a potential coin that has a chance of skyrocketing; doubling is quite simple, with an expected upside of 10 times or more. Anyone interested in joining, please like and comment.
1. SUI breaks 4, $ENA breaks 1: Recently recommended PUFFER and a few days ago JASMY also saw a 57% increase! The season of altcoins has arrived, everyone keep it up! 2. The rise of $SUI is related to the integration with Phantom wallet: $SUI has seen good recent gains, one reason is that Phantom wallet will integrate SUI, becoming its fourth supported L1 chain, which could be a factor driving its rise. 3. PNUT hints at listing on Coinbase: PNUT may soon be listed on Coinbase, technically it is currently in a washout phase with many pullbacks, spot investments can be moderately allocated for the bottom position. 4. AI sector focuses on OpenAI's live events: OpenAI will hold 12 live events in the next 12 days, which could become a catalyst for the AI sector's launch. You can prepare in advance to welcome the rotation of the sector. 5. KOMA steadily rises: $KOMA has been listed on several small exchanges, with stable prices, and more tax-free price traps emerging, so be cautious of the risk of being trapped. 6. Pudgy Penguins launches its token: Pudgy Penguins will launch its own token, the floor price of existing NFTs has exceeded 14ETH, and it is expected that some tokens will be airdropped to other communities, which may usher in a new wave of enthusiasm in the NFT market. 7. $PROS receives new investment, $USUAL doubles in pre-market trading. 8. HSK reaches a new high: Due to Teacher Ni's tweet mentioning resignation issues, HSK had a slight pullback. However, the official response stated that resigned employees cannot unlock tokens, I decided to continue holding and look forward to new highs.
These hot projects are attracting a lot of investor attention. Everyone can choose suitable assets for layout based on their risk tolerance and investment strategy.
🔥 Choose coins with over 10x potential by following these steps:
1️⃣ Select a sector
First, choose emerging sectors rather than mature old sectors. For example, coins like BCH, FIL, etc., have already gone through a round of increase, and their future upside may be limited. In contrast, focus on emerging sectors such as RWA (Real Asset Tokenization), DePin (Decentralized Infrastructure), Meme coins, AI, and projects related to the Bitcoin ecosystem. These areas have high potential, especially leading projects are worth paying attention to.
2️⃣ Look at market capitalization
The size of the market cap determines the potential of a project. Coins with a market cap over 2 billion usually have limited upside; while coins with a market cap under 30 million carry higher risks and may face delisting risks. Therefore, projects with a market cap between 50 million and 1 billion are more suitable, as these coins have significant growth potential and are relatively stable, especially those already listed on exchanges like Binance, which have certain liquidity and credibility.
3️⃣ Position management
Position management is crucial; do not invest all your funds into a single coin. It is recommended to choose 1-2 coins in each sector, maintain around 30% of your position, and filter out 5-10 potential coins. When a bull market arrives, you might consider selling a portion to lock in profits. Reasonable position management can effectively mitigate the risk of significant losses.
Summary:
• Choose a sector: Embrace emerging sectors, prioritize leading projects, and increase your win rate. • Reasonable market cap: Choose coins with a market cap between 50 million and 1 billion, avoiding coins with excessively high or low market caps. • Position management: Avoid heavy positions, diversify investments, and control risks. Even if a meme coin goes to zero, you will only lose 30% of your total position.
With this strategy, you can increase the chances of selecting a 10x coin while effectively reducing risks.
At the same time, I plan to stealthily invest in a potential coin with a chance of explosive growth, doubling is quite simple, with expected potential of 10 times or more. Everyone should keep up with likes ➕ comments.
The gray future may include 35 cryptocurrency assets in products, divided into 7 major tracks: 1. DeFi track (7): JUP, ONDO, ENA, CORE, RUNE, PENDLE, AERO. 2. Infrastructure track (6): TIA, PYTH, ATOM, AKT, UMA, NEON. 3. Layer 1 track (9): TON, TRX, APT, INJ, ICP, KAS, VET, OM, CELO. 4. Layer 2 track (8): OP, ARB, SEI, STRK, POL, MNT, IMX, METIS. 5. DePIN track (2): AR, HNT. 6. AI track (2): FET, WLD. 7. Meme track (1): DOGE.
At the same time, I recently plan to ambush a potential coin with an opportunity for a big surge, doubling is quite simple, with an expected upside of 10 times or more. Those who want to follow up, please like ➕ comment. #Marvin #Marvin7055 #比特币重返10W大关 #山寨币市场观察 #历史见证者打卡 $BTC $ETH $ENA
A few months ago, I wrote an article sharing how my mom started to dollar-cost average into Bitcoin. At that time, the reactions in the comments were as follows: • "Bitcoin is about to hit the bottom; long-term investing isn't suitable for hoarding now." (In the end, when it hit the bottom, the price went to 100,000.) • "You should dollar-cost average in a bear market and sell in a bull market." (Back then, was 50,000 considered a bear market compared to 100,000?) • "I suggest starting after six months." (It seems everyone thought it was better not to buy at 60,000 and to consider entering at 100,000.) • "Why not just hold USDT to earn interest?" (If I had deposited 50,000 for ten months, the interest would have also been quite a sum.)
These comments were all highly praised opinions. You see, if your thoughts align with most people, you are destined to be mediocre.
My mom's decision was to stick to dollar-cost averaging into Bitcoin, regardless of what the market was saying. At the time, her choice seemed risky, but the results over the past few months have shown me a different possibility. Ten months later, the price of Bitcoin has risen sharply, and my mom is delighted with the gains, completely unexpected that she would achieve such returns in this market.
From this experience, I deeply realized that many times, sticking to what you believe is the right path can exceed everyone's expectations.
Additionally, I am recently planning to position myself in a potential coin that has a chance to skyrocket; doubling is quite simple, with potential gains of ten times or more. Everyone who wants to join in, please like and comment.
Who are the individuals in China that hold a significant amount of Bitcoin? 🔥🔥🔥
1. CZ (Zhao Changpeng): Founder and CEO of Binance, widely regarded as an individual who holds a large amount of Bitcoin. He has stated that his assets in the Bitcoin space are quite considerable, estimated to exceed 100,000 Bitcoins, and possibly more. As the head of the world's largest cryptocurrency exchange, CZ's Bitcoin holdings are substantial. 2. Li Xiaolai: An early participant in China's Bitcoin scene, once hailed as "China's Bitcoin First Person." Li Xiaolai is a long-term supporter and investor in Bitcoin, having amassed significant wealth through early Bitcoin investments. Although he has not publicly disclosed the exact quantity he holds, it is generally believed that he holds over 100,000 Bitcoins. 3. Wu Jihan: Co-founder of Bitmain, one of the world's leading Bitcoin mining hardware manufacturers, which also operates large Bitcoin mining pools. As a leading figure in the Bitcoin mining industry, Wu Jihan undoubtedly holds a large amount of Bitcoin, although specific numbers are not disclosed, his influence in the Bitcoin space is enormous, indicating he may hold a considerable scale of Bitcoin. 4. Li Lin: Founder of Huobi, one of China's well-known cryptocurrency exchanges. As an important figure in the industry, Li Lin has not publicly revealed his personal Bitcoin holdings, but given his status in the cryptocurrency space, the amount of Bitcoin he holds is certainly not to be underestimated.
Summary:
These individuals occupy important positions in the Bitcoin space both in China and globally. Through early investments, mining, and operation of trading platforms, the quantity of Bitcoin they hold may be quite substantial, possibly making them some of the most influential Bitcoin holders in the market.
Additionally, I am currently planning to invest in a potential coin that has the opportunity for a significant increase in value, with an expected upside of 10 times or more. If anyone wants to join, please like and comment. #Marvin #Marvin7055 #比特币重返10W大关 #币安将上市ACX、ORCA #山寨币市场观察 $BTC $ETH $SOL
100,000!! I have waited for this day for 7 years!!! 🔥The next step is 1 million!
In 2017, I entered the market with 5,800 yuan, and the price of the currency rose to 120,000 in December of that year. At that time, the big guys repeatedly told me not to touch the altcoins, and that year was when the altcoins were popular. Every night, I saw the altcoins soar by dozens of times. How could I resist not trying?
That year, my spot assets exceeded 10 million, and I felt like a cryptocurrency god. Although the quality of life has been greatly improved, I still maintain my original lifestyle-I continue to go to the gym, take others to the gym, and take seven or eight classes every day, and I will also invest the money I earn. At that time, I did a lot of "magic operations", such as using BTC and ETH to exchange altcoins. I remember that there were a lot of them at that time, and I exchanged more than once, for fear of forgetting.
Next, from 2018 to 2019, the market entered a bear market, and I also began to experience a wash (there was no market at that time and I had a baby). Then from 2020 to 2021, the market rose wildly again, and I also seized the opportunity to start a business and opened a fitness studio. After entering 2022, the market entered a period of adjustment, and my life has also changed a lot - raising children, starting a business, and traveling have kept me busy.
Looking back on these seven years, although I have encountered many people and things that disappointed me, Bitcoin has never disappointed me. Through these years of experience, I have become more mature and learned to stop losses in time and invest rationally.
I am grateful for the guidance of the big boss back then, and I am also grateful for the pits I stepped on in 2017. The income in these seven years is actually not much. I have changed positions and got on and off the bus many times, but fortunately, I was not thrown off the bus. My next goal is 1 million, and I will strive to achieve "dollar anchor".
This journey made me understand one thing: when the surge comes, looking back, the anxiety and torment at that time are really ridiculous.
Recently, I plan to ambush a potential coin that has the opportunity to explode. It is still very simple to double it, and the expected space is 10 times up.
Although Trump appointed Paul Atkins, a former SEC commissioner who supports the crypto industry, as the new SEC chairman, XRP failed to benefit and instead fell against the trend.
This phenomenon can be analyzed from several angles:
1. Market reaction and expectations:
The rise in XRP's price is mainly due to the market's expectation that Trump will support the crypto industry, especially in the context of changes in the SEC leadership. Investors were optimistic about Trump's victory and Gensler's resignation, which led to a sharp rise in XRP in the past month, soaring to nearly $3. However, when this expectation became a reality, market sentiment changed. The typical "buy rumors, sell news" effect caused XRP to have a significant pullback. The market's expectations for the future have been reflected in the price. Once this change officially occurred, investors chose to cash in their profits, causing the price of XRP to fall.
2. Uncertainty of long-term litigation:
Although Ripple has achieved some phased victories in its lawsuit against the SEC, the final outcome of the case is still full of uncertainty. Although the judge ruled that Ripple should pay $125 million to settle, Gensler's appeal still caused the case to continue to drag on. And the change in SEC leadership will not immediately resolve Ripple's litigation issues. 3. Overall adjustment of the market environment: Although Bitcoin and other cryptocurrencies have mostly risen, the entire crypto market is still in a highly volatile state. In addition, XRP's rise was mainly driven by external news rather than fundamental changes in its fundamentals. When market sentiment changes, especially after a rapid rise in prices, short-term pullbacks are normal. 4. The flow of funds and investor sentiment: From the previous 400% increase, it is possible that part of the funds were driven by short-term speculative forces. When the market fluctuated, this part of the funds quickly withdrew, causing the price of XRP to fall.
Also attached is a small easter egg: Potential Meme coin focus direction As the dog mentioned most by Musk, Marvin has become a possible Meme coin potential stock. If market sentiment continues to rise, small funds tentatively deploy such projects, and there may be unexpected surprises! #Marvin #Marvin7055 #以太坊领涨 #山寨币市场观察 #比特币反攻99K $ETH $SOL $ADA
1. ARB (Arbitrum): Estimated Price: $20.08. As a Layer2 solution for Ethereum, Arbitrum plays an important role in expanding the Ethereum ecosystem by enhancing blockchain performance and reducing transaction costs. Its technology and ecological potential make it a significant component in the future of the crypto space. 2. SUI (Sui): Estimated Price: $30.92. As an emerging high-performance blockchain platform, Sui is recognized for its robust technical architecture and innovative potential. Its design focuses on scalability and speed, attracting widespread attention and becoming a new star in the crypto world with huge market potential. 3. APT (Aptos): Estimated Price: $14.84. Aptos, as an emerging platform in the blockchain field, has drawn the attention of numerous investors and developers with its innovative technology. Its high performance and innovative design make it a highlight in the crypto market, and it is expected to gain significant development space in the coming years. 4. ZK (ZK-Rollups): Estimated Price: $13.99. ZK-Rollups, as a new type of scaling technology, has great potential to enhance the scalability of Ethereum and other blockchain platforms by increasing transaction throughput and reducing latency and costs. As the technology matures, ZK-Rollups are viewed as one of the key solutions for the future development of the crypto industry.
In summary, these four coins have unique technical advantages and market potential, especially in terms of blockchain scalability, transaction efficiency, and innovation. Based on current development trends, they all have the potential for significant price increases in 2025, making them candidates for 100x coins.
Recently, I plan to position myself in a potential coin with an opportunity for explosive growth; doubling is quite simple, with an expected upside of 10 times or more. If you want to follow along, please like ➕ comment below to let me know. #Marvin #Marvin7055 #以太坊领涨 #币安将上市ACX、ORCA #山寨币市场观察 $ETH
After entering the crypto world, I transformed from a "loser" into someone who attracts attention, surrounded by flattery and admiration. However, I do not place much value on these materialistic and vain achievements, believing they are merely external possessions that cannot be taken away in the end. The only thing I find comforting is having three wives by my side.
At the same time, here are a few tips for surviving in the crypto world: 1. Hot coins in a bull market: These coins see rapid price increases, and once the bubble bursts, they can plummet quickly, especially those with large market control, posing significant risks. 2. The tricks of altcoins: Most altcoins operate similarly, first experiencing a significant drop, then a surge, and finally continuing to "harvest" investors, so be mentally prepared. 3. Long-term market trends: In the long run, the crypto market shows an upward trend, despite large fluctuations in the short term. 4. Promising coins often get overlooked: Truly promising coins tend to remain silent at the market bottom, but once they start to rise, it is often without fanfare. 5. Beware of new coins: Newly listed coins usually come with extreme volatility, often being traps manipulated by the whales, making it easy for investors to lose money.
In summary, I remind investors to stay alert in the crypto world and avoid being misled by short-term market fluctuations and hype.
At the same time, Brother Yi recently plans to lay low on a potential coin that has the chance to skyrocket, doubling is quite simple, with an expected space of 10 times or more. Those who want to follow along, please like and comment. #puppies #以太坊领涨 #币安将上市ACX、ORCA #山寨币市场观察 #DOGE狂潮 $ETH $ETC $SUI
Unlock the secret to cashing out; making money in the crypto world is so easy! 🛡️🛡️🛡️
In the increasingly severe situation of frozen cards in the country, the cashing-out process can be full of risks! Many friends have made money, but during cashing out, they did not pay attention, leading to funds being frozen or even facing legal risks. Therefore, it is essential to be cautious when cashing out to avoid getting into trouble.
1. C2C platform trading
• Advantages: There is platform guarantee, price transparency, both parties in the transaction are protected, and there are transaction records. If a freezing situation occurs, these records can serve as evidence of legitimate transactions. • Disadvantages: C2C platforms have a wide audience, which can easily attract criminals. Randomly choosing trading partners on the platform may result in trading illegal funds, leading to bank card freezes. • Suitable for: Friends looking to cash out small amounts, it is advisable to trade with familiar merchants to ensure fund safety.
2. OTC trading
• Advantages: Flexible funds, and fixed trading partners, making it safer compared to C2C trading. If trading with long-term cooperating crypto merchants, there is almost no risk of card freezing. • Disadvantages: Prices are usually not as optimal as exchanges, and it requires trustworthy crypto merchant partners.
3. Foreign exchange channels
• Basic operation: Deposit stablecoins into fiat exchanges, then withdraw to foreign currency accounts, and finally convert back to the domestic currency through the bank. • Advantages: High fund safety; operating through legitimate foreign exchange channels does not carry the risk of card freezing; and operations are relatively free and do not rely on merchants. • Disadvantages: Requires knowledge of the foreign exchange market, and the circulation costs of fiat exchanges are relatively high, with prices possibly not being as favorable as other methods. • Suitable for: Foreign trade merchants or friends familiar with the foreign exchange market.
4. Using U cards to cash out U
• Advantages: If you can accept the service fees of U cards, it is a relatively safe and convenient option. U cards are usually consumer cards, gift cards, or payroll cards issued in cooperation with foreign banks by payment companies, supporting global ATM cash withdrawals, card payments, and more.
Recently, I plan to invest in a potential cryptocurrency with the opportunity for explosive growth; doubling is quite simple, with an expected space of 10 times or more. If anyone wants to know more, feel free to ask in the comments. #Marvin #Marvin7055 #比特币回升至97K #SUI市场新焦点 #历史见证者打卡 $BTC $ENA
$DOGE may be about to experience a big explosion! 🔥
Does Dogecoin have a chance to soar again? Just now, it broke through the descending triangle technical pattern, which is usually a bullish signal, igniting enthusiasm throughout the cryptocurrency circle. Will this breakout become the catalyst for Dogecoin to rise again?
What does this mean for investors?
A descending triangle is generally a bearish signal, suggesting that prices may fall. But if the price breaks through this pattern, it usually brings a strong bullish signal.
Why is this breakout so crucial? • Bullish sentiment is high: The breakout indicates that more and more traders and investors are optimistic about Dogecoin. • Potential price target: The next target price could be $1. • Strong momentum: The breakout brought significant momentum, which could drive prices further up.
So what should you do?
If you are a Dogecoin investor, this breakout may be a good opportunity to take profits or continue holding. If you are considering entering the market, remember to do thorough research and assess your risk tolerance before making a decision.
A reminder: Cryptocurrency prices are highly volatile, and past performance does not guarantee future results. Do more research and consult a financial advisor if needed.
Let’s keep an eye on Dogecoin and see if it can hit new highs!
Bonus: Potential Meme Coin Focus As the most mentioned dog by Musk, Marvin has become a potential Meme coin stock. If market sentiment continues to rise, small funds may tentatively invest in such projects, which could bring unexpected surprises! #Marvin #Marvin7055 #比特币回升至97K #SUI市场新焦点 #山寨币市场观察 $SUI
If you can't hold onto your coins firmly, then come and see the legendary story of SHIB! 🔥🔥🔥
Let's review the glorious journey of SHIB together: 1. On August 1, 2020, with an investment of $1,000, the legendary journey of SHIB began! 2. By the end of August, SHIB faced a halving, but the price stubbornly held at $550; However, by the end of September to the end of the year, the price once plummeted to a low of just $1.96, causing a cold sweat! But at the end of January 2021, it erupted with a comeback, quickly soaring to $19,607, leaving everyone speechless! 3. By the end of March, SHIB crazily continued to rise, climbing to $98,039, thrilling investors! In April, it even broke through $372,549, creating a myth in the cryptocurrency world! 4. By the end of May, it continued to surge, reaching $17,254,901, leaving people in awe! Although there were fluctuations in the following months, it remained stable at the tens of millions of dollars level, showcasing strong resilience and potential. 5. At the beginning of October, SHIB erupted again, breaking through the $55 million mark, shocking the entire cryptocurrency community! 6. By the end of October, it crazily soared to an astonishing $160 million, reaching its own peak! Although there was a subsequent decline, the legendary journey of SHIB has already become a classic in the history of the cryptocurrency world!
This is SHIB—a legendary cryptocurrency that rose from the depths and created countless miracles! If you find it difficult to hold your coins now, why not take a look at SHIB's story, let it inspire you, and bring you endless confidence and courage!
Bonus: Potential Meme Coin Focus As the dog most mentioned by Musk, Marvin has become a potential Meme coin stock. If market sentiment rises further, small funds tentatively laying out these types of projects may also yield unexpected surprises!
🔥Will the Eastern powers usher in the era of virtual currency?
The future is undoubtedly the era of artificial intelligence and Web3, and all of this is closely related to blockchain technology. Some politicians in the United States have even proposed that Bitcoin is planned to be used as a means of paying off national debts. If this move is implemented, it may allow the United States to occupy a more important position in global finance and usher in a real leap.
Although China has not yet officially recognized the concept of Web3, it has been vigorously promoting the construction of infrastructure for blockchain technology, including applications in government affairs, transportation and other fields. Although China's attitude towards virtual currency is relatively cautious, with the development of blockchain technology, there is still a lot of suspense as to whether the era of virtual currency will be ushered in in the future. Consideration of economic factors such as local debt and population income may be an important consideration for China's development in this regard.
If China really ushers in the era of virtual currency, just like the surge in the stock market in October, perhaps many people can benefit from it, of course, except for some unreliable "leek coins". Risks and opportunities coexist, and investors need to be extra cautious to find their place in this ever-changing market.
💥Breaking News: President Trump Wants to Eliminate All Capital Gains Taxes on Cryptocurrencies Issued by U.S. Companies
According to the latest news, President Trump has proposed a plan to eliminate capital gains taxes on cryptocurrencies issued by U.S. companies. This proposal means that all profits earned by Americans holding cryptocurrencies such as $BNB, $XRP, $SHIB, etc., will be completely tax-free, provided that the creators of these cryptocurrencies are U.S. companies.
Legislative Requirements and Market Impact
This legislative proposal requires cryptocurrency companies to register as entities in the United States before issuing cryptocurrencies. However, to attract global cryptocurrency companies, the policy will provide a pathway for existing cryptocurrency asset companies to relocate to the U.S. to enjoy this tax benefit.
This strategy is part of the Trump administration's broader goal to make the U.S. a global cryptocurrency hub. The policy is expected to attract more cryptocurrency companies and investors to funnel their funds into the U.S. market.
Impact of the Tax-Free Policy
If this policy is implemented, it will make "Made in America" cryptocurrencies the most attractive investment option for U.S. citizens, as they will not have to pay capital gains taxes of up to 37%. This move could not only stimulate demand for cryptocurrency assets but also potentially reshape the global cryptocurrency market landscape, further promoting the adoption and legitimization of cryptocurrency assets.
Summary:
If implemented, Trump's proposal will greatly incentivize U.S. citizens to invest in domestic cryptocurrency assets, potentially driving the transformation of the global cryptocurrency market and bringing greater growth potential to the U.S. cryptocurrency industry.
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There has long been a saying in the cryptocurrency community: governments of various countries have long held Bitcoins, among which the U.S. government holds 215,000 Bitcoins, and the Chinese government holds 190,000 Bitcoins. The source of this claim can be traced back to the 'PlusToken' case in the crypto industry.
Background of the 'PlusToken' Case In 2018, the PlusToken platform quietly entered the crypto space and lured millions of participants under the guise of digital currency investment with high interest rates. This platform is considered one of the largest scams in the crypto industry at the time. In March 2020, the Ministry of Public Security deployed national police forces to arrest 82 key members.
Seized Digital Currencies In this case, law enforcement seized a large amount of digital currency, including 190,000 Bitcoins, 27.24 million Grapefruit Coins, 830,000 Ethereums, and a total of 9 types of digital currencies. According to related reports, these illegal proceeds were confiscated by law and turned over to the national treasury. In 2019, the value of this batch of digital currencies was $4.2 billion.
Current Status of the 190,000 Bitcoins Based on today's Bitcoin price, the value of 190,000 Bitcoins has reached $12.7 billion (assuming a price of $67,000 per coin). However, these Bitcoins have not remained 'asleep' until now. Through communication with multiple OTC traders, it is widely confirmed that a large portion of these Bitcoins was sold between the end of 2019 and mid-2020, when Bitcoin prices ranged from $7,000 to $12,000.
The judgment mentions that 'the funds and profits obtained shall be confiscated by law and turned over to the national treasury,' which to some extent confirms that this batch of Bitcoins has already been disposed of.
Summary: Regarding the claim that the Chinese government holds 190,000 Bitcoins, most of them have already been sold between 2019 and 2020, converted into funds, and turned over to the national treasury. However, a certain number of Bitcoins and Ethereums are still believed to be unsold, implying that they may still become part of future government actions.
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