I am new in the crypto space. It might be right to say that I don’t know my right from my left.
Certainly, this will be my first bull run experience ever and as a novice like many other people here, I decided to consume almost all post on #BinanceSquare .
I could gather that; 1. Each cycle is unique, data from previous cycles might not accurately predict the next move of the market 2. Nobody is 100% sure about what is next, only predictions that might be right or wrong. 3. People claim to turn 100 to 1M without any clear way on how they did. They end up advertising coins that will do the next 100x or 1000x 4. Most post are copy and paste with few originals 5. Some information are misleading while others are insightful and informative
But some of the best information I got here are; 1. DYOR 2. Develop your strategy 3. Trust your instincts and not emotions 4. Read and study with an open mind 5. Train your mind to trust your instincts and not act on your emotions.
How did you turn 500 to 200,000? Trading or holding. Just one coin or different coins
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The biggest Altseason will start in 16 days...
In 2021 after $BTC 13% drop alts exploded Last cycle I turned $519 in $217,540 in days... ✜ While the majority of the market is panicking, smart wallets are actively accumulating altcoins. ✜ Most likely, this is because dominance is near its peak and has little room to grow further. ✜ In 2021, I witnessed a similar situation and the altseason came unexpectedly back then. ✜ In the previous cycle, the drop in dominance began right after a significant $BTC correction. ✜ This was in May 2021 when $BTC corrected by more than 40% ✜ After that, by autumn, altcoins started their 100x flight.
✜ It is precisely during these moments of $BTC corrections that the best opportunities arise to buy altcoins. ✜ I seized this opportunity in 2021, which brought me significant profits. ✜ My capital grew from $519 to $217,540 in an incredibly short time by investor metrics.
✜ Reflecting on those events, the best time to buy is during market bloodbaths. ✜ That is exactly what's happening now, as all indices point to the most negative market sentiment in the past year. ✜ Buying altcoins during this dip could bring high return in near future
✜ To help you with this, Here’s the next 100x: 👇
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If you are in Nigeria, you need not panic about your USDT or any cryptocurrencies. The Nigeria govt has not stopped P2P on Binance. I guess it is technical glitch which will be fixed soon. But if this is your only source of livelihood and as a matter of urgency, you can transfer your funds to other exchangers and cash out. Hungry no go kill us abeg.