Don't let it be called arrogant, open copy trade brošæ
wong bejo 1033064008
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just. want to post. the way people express gratitude is different. not meant to be arrogant or proud. just want to share happiness. please comment. please criticize. free. I still respond with pleasure. your comments and criticisms motivate me to do better. thank you.
From Dec 30, 2024, new #Eu rules (MiCA) will require stablecoins like USDT to:
ā¢ Be fully transparent about reserves. ā¢ Use European banks as custodians. ā¢ Pass regular audits.
Since #USDT doesnāt meet these rules, many exchanges in the EU will stop offering USDT.
What You Need to Know:
ā¢ #coinbase has already delisted USDT due to compliance rules. ā¢ #Binance and #Cryptocom may follow soon. ā¢ This only affects the EU: USDT remains unaffected outside the EU, and futures trading is not impacted. ā¢ Exchanges will notify users of any changes to USDT pairs.
What You Can Do:
1ļøā£ Move to other stablecoins like $USDC or $BUSD. 2ļøā£ Use platforms like Curve or Uniswap for swaps. 3ļøā£ Stay updated on changes from exchanges.
The unique thing about bitcoin is that it won't rot like a mango. Those who are good at surfing will survive.
Imran Rai
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Whatās a āMarket Pullbackā or āMarket Correctionā? Letās Simplify!
Imagine youāre selling mangoes š in your town. Prices are steady, and life is smooth. Suddenly, a buzz hits the town: āThereās going to be a Mango Smoothie Festival! š„ The winner gets $10,000!ā
Demand Skyrockets! Everyone rushes to buy mangoes. Prices shoot up because supply canāt keep up. Sellers hike prices, and some clever traders stockpile mangoes to sell later at inflated rates.
But what happens next? Letās break it down:
Market Correction
When everyone realizes there are plenty of mangoes to go around, prices cool off slightlyāsay, a 10% drop. This adjustment after an overreaction is called a market correction.
Market Pullback
Meanwhile, sellers from neighboring towns flood the market with more mangoes, increasing supply. Prices dip further, maybe by 20-25%. This is a pullbackāa temporary drop due to higher supply or competition.
Market Crash
But wait! A twist! The government announces free imported mangoes. Panic ensues as buyers disappear, and prices plunge by 50%. This is a market crash, caused by unexpected, bad news.
Market Manipulation
And hereās the kicker: The Mango Smoothie Festival? It never existed. It was a ploy by a few greedy traders to hype the market, profit, and leave everyone else in losses. This is market manipulation, where trust collapses, and prices tank.
Now think about todayās market. Are we seeing a correction, a pullback, or something more alarming like a crash? Could there even be manipulation at play?
Letās discuss your thoughts below!
#MarketAnalysis #InvestSmart #Write2Earn!
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