Probably neither of them. I am holding on to my Shib just for the love of Shib. I know, that might sound silly. But sometimes silly can still make you money, let’s see
Mirsaeed_91
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$PEPE or $SHIB: Which Coin Can hit $1 first?
As of now, both PEPE and SHIB (Shiba Inu) are meme coins, and their prices are significantly below $1. Predicting which one could hit $1 first is extremely speculative and depends on several factors, including market trends, investor sentiment, and the overall state of the cryptocurrency market.
Here are some points to consider: • Shiba Inu ($SHIB ): • SHIB has a larger community and a more established presence compared to PEPE. It has also seen significant growth in the past and has multiple initiatives like the ShibaSwap exchange and the Shiba Inu metaverse.
• However, it has an extremely high total supply (over 500 trillion), which makes hitting $1 more unlikely unless its market cap grows to trillions, which would require massive global adoption and substantial market shifts.
• $PEPE (PepeCoin): • $PEPE is newer and less established than SHIB, but meme coins can sometimes see rapid price increases due to viral trends or social media hype.
• Like SHIB, PEPE has an oversupply, and it would need enormous demand and investor interest to push it toward $1.
Conclusion:
For either coin to hit $1, it would require a massive increase in demand, substantial reductions in supply (through burns, for example), and broader adoption. While SHIB has a larger community and more infrastructure, both coins would need extraordinary growth in their respective ecosystems to reach $1, making it highly speculative.
📌 In short, neither PEPE nor SHIB is likely to reach $1 soon, and it's more probable that any gains would be incremental rather than such an astronomical jump.
It’s not BlackJack in a casino. No instant results, no immediate no win or lose, unless you Future trade at 100 leverage😅. Buy on Spot. Observe. Breathe. Be Patient.
100 trades with 40usdt, amounts to 4000 usdt. Slow and steady wins the race. We are not in a casino. So take the small wins and build wealth 40 usdt at a time.
SAFI KHAN
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"I am new to all this. What should I do: hold or close?"
How to Turn $300 into $30,000 on Binance in 10 Days: A Hypothetical Journey
Cryptocurrency trading is often portrayed as a high-stakes game of chance, but beneath the volatile surface lies a world of strategic opportunities for those willing to take the plunge. Imagine taking $300 and transforming it into a staggering $30,000 in just 10 days. Sounds like a pipe dream? Not necessarily. Here’s a creative, step-by-step guide to achieving this hypothetical feat using Binance, one of the world’s leading cryptocurrency trading platforms.
Disclaimer: This is a theoretical account meant to inspire and educate. Cryptocurrency trading carries significant risks, and past performance is not indicative of future results. Trade responsibly.
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Day 1: Setting the Stage
1. Preparation and Education
Before jumping into trading, I dedicated the first day to research. Understanding Binance’s tools, features, and user interface was crucial. The platform offers a vast array of options, including spot trading, futures, and staking. I explored educational resources like Binance Academy and watched tutorials to grasp the basics of market analysis.
2. Capital Allocation
I deposited $300 into my Binance account, ensuring it was an amount I could afford to lose. This psychological safety net allowed me to focus on strategy rather than fear.
3. Identifying Market Trends
Using Binance’s charts and technical analysis tools, I identified a few high-volatility coins with promising short-term momentum. The goal was to ride the waves of market trends rather than fight them.
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Day 2–3: Starting Small and Building Momentum
4. Targeting Small Gains
Instead of chasing massive profits right away, I aimed for 5-10% gains per trade. Binance’s low trading fees made it easier to execute multiple trades without eating into my capital.
5. Leveraging Volatility
I focused on coins with significant price fluctuations, such as altcoins with high trading volumes. Using stop-loss and take-profit orders, I mitigated risks while maximizing gains.
6. Reinvesting Profits
By the end of Day 3, my account balance had grown to $600—a modest but encouraging start. I reinvested these profits into larger positions, maintaining a disciplined approach.
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Day 4–6: The Power of Compounding
7. Exploring Binance Futures
With a growing balance, I ventured into Binance Futures. This feature allowed me to trade with leverage, amplifying my potential gains. However, I approached leverage cautiously, starting with a 3x multiplier.
8. Following the News
Cryptocurrency markets are highly sensitive to news and events. I monitored social media, news outlets, and Binance’s announcements for market-moving information. Positive news about specific coins often led to rapid price surges.
9. Diversifying Trades
To reduce risk, I diversified my trades across multiple coins. While some positions underperformed, others soared, resulting in a net gain. By the end of Day 6, my balance had climbed to $5,000.
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Day 7–8: Riding the Wave
10. Mastering Technical Analysis
Using Binance’s advanced charting tools, I identified patterns like breakouts and pullbacks. Combining these insights with indicators such as RSI and MACD helped me time my entries and exits more effectively.
11. Scaling Up
With $5,000 at my disposal, I increased my position sizes while sticking to my risk management rules. I continued using stop-loss orders to protect my downside.
12. Staying Disciplined
Emotions can be a trader’s worst enemy. I resisted the temptation to overtrade or chase losses, focusing instead on executing well-thought-out strategies. By the end of Day 8, my account had reached $15,000.
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Day 9–10: The Final Push
13. Leveraging Breakout Opportunities
I concentrated on breakout trades, where coins broke through key resistance levels with strong volume. These trades often led to explosive price movements, yielding substantial profits.
14. Monitoring Whale Activity
Binance provides insights into large transactions (often referred to as “whale activity”). By following these movements, I positioned myself to benefit from significant market moves.
15. The Big Win
On Day 10, a highly volatile altcoin surged 100% in value due to a major partnership announcement. By allocating a significant portion of my capital to this trade, I doubled my balance, bringing my total to $30,000.
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Key Takeaways
1. Start Small, Think Big: Incremental gains can compound into substantial profits.
2. Risk Management is Crucial: Always set stop-loss orders and trade within your means.
3. Stay Informed: Knowledge of market trends and news can give you a competitive edge.
4. Discipline and Patience: Avoid emotional trading and stick to your strategy.
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Final Thoughts
Turning $300 into $30,000 in 10 days is an ambitious goal, but with the right combination of strategy, discipline, and a bit of luck, it’s not entirely out of reach. Binance provides a powerful platform with the tools and resources needed to succeed in the dynamic world of cryptocurrency trading.
Remember, this story is a hypothetical example. Always trade responsibly, and never invest more than you can afford to lose. The cryptocurrency market offers incredible opportunities, but it also demands respect for its risks. Happy trading! #BinanceLaunchpoolBIO #BinanceAlphaAlert #MicroStrategyInNasdaq100 #EarnFreeCrypto2024 #EasyCryptoInvesting
You could always experiment with a small amount using the future grid trading bot. Small leverage and small amount. Just for fun. We need to have fun, but not be impulsive.
SAFI KHAN
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I have $497 in my Future Wallet. Should I trade in Futures, or should I buy coins in Spot? Any suggestions?
That was a really idiotic move from the EU. It’s never about regulation, but about control. Keep the people poor, then they can be manipulated and taught to hate each other.Pity.
YADAV05
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🚨BREAKING: EU Mandates $USDT Delisting by December 30 Under MiCA Non-Compliance 🇪🇺
The European Union (EU) has taken a groundbreaking step in regulating the cryptocurrency market. By December 30, 2024, exchanges operating within the EU must delist Tether ($USDT) unless the stablecoin complies with the strict provisions of the Markets in Crypto-Assets (MiCA) framework. This directive reflects the EU's broader push to enhance transparency, investor protection, and market stability in the crypto industry.
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What is MiCA?
The Markets in Crypto-Assets (MiCA) regulation is a comprehensive set of rules aimed at creating a uniform regulatory environment for digital assets across EU member states. Officially passed in April 2023 and set to take effect in 2024, MiCA's goals include:
Safeguarding consumers and investors.
Mitigating risks like fraud, market manipulation, and money laundering.
Encouraging innovation while ensuring financial stability.
For stablecoins like $USDT, MiCA introduces stringent requirements for transparency, auditing, and asset backing.
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Why is $USDT Under Scrutiny?
Tether’s $USDT, the world’s largest stablecoin, has long faced regulatory concerns over its reserves and transparency. Under MiCA, stablecoins must:
1. Prove they are fully backed by assets.
2. Provide regular, third-party audits of their reserves.
3. Adhere to strict transparency standards.
Tether’s historical challenges in meeting such standards place $USDT in a precarious position under MiCA. Failure to comply with these requirements could lead to its delisting from EU exchanges.
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Implications for the Crypto Market
The delisting of $USDT by December 30 could have significant consequences:
1. Liquidity Challenges: As the most traded stablecoin, $USDT is crucial for liquidity in the crypto market. Its absence could disrupt trading volumes, particularly in the EU.
2. Shift to Alternatives: Other stablecoins like $USDC, $TUSD, and $DAI may fill the gap, provided they meet MiCA's compliance standards.
3. Global Precedent: The EU’s regulatory approach may inspire similar moves by other jurisdictions, increasing global regulatory scrutiny on stablecoins.
4. Tether's Market Share: Losing access to EU exchanges could weaken Tether’s dominance, opening the door for competitors.
5. Increased Oversight: Stablecoin issuers globally may face heightened transparency and compliance demands as regulators tighten their grip.
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What’s Next for Tether?
Tether has made efforts to improve transparency, including releasing more detailed reserve reports. However, MiCA sets a higher benchmark, and whether Tether can achieve compliance by December 30 remains uncertain.
If $USDT is delisted in the EU, Tether could lose significant market share in one of the world’s most influential financial regions. Conversely, meeting MiCA’s requirements could bolster its credibility and position in the global market.
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Conclusion
The EU’s directive to delist $USDT unless it complies with MiCA regulations is a defining moment for the crypto industry. While this move aims to ensure transparency and protect investors, it also raises questions about the future of stablecoins and their role in global finance.
As the deadline approaches, traders, investors, and market participants must prepare for potential changes. Whether this regulation strengthens or destabilizes the market will depend on how Tether and other issuers adapt to the evolving regulatory landscape.
Reminder: Always conduct your own research (DYOR) before making i nvestment decisions.
Well, I’ve been buying a bit during the dip, and am curious to see what XRP will do for me in two years time
CryptoNewsLand
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XRP Breaks Key EMAs – Analysts Predict Potential 6,800% Growth to $168
XRP breaks key EMAs, signaling a strong uptrend with potential for 6,800% growth.
Fibonacci projections suggest XRP could reach $168, similar to its 2017 price surge.
Increased derivative market activity and bullish technical indicators point to XRP’s continued growth.
The price of Ripple's XRP is catching the eyes of analysts. A recent breakout from a six-year consolidation has sparked optimism. Trading at $2.37, the asset shows signs of a major rally ahead. Analysts believe XRP could hit $168, predicting a 6,800% rise. This is based on historical patterns and technical indicators suggesting bullish momentum in the ongoing market cycle.
https://twitter.com/RuleXRP/status/1869786264687333660 Fibonacci Levels: Key to Predicting XRP's Price Surge
Fibonacci levels play a major role in predicting XRP’s potential. In 2017, the asset surged by more than 600x, respecting these levels and reaching a peak of $3.40. Analysts now expect a similar performance, with XRP aiming for the 2.414 Fibonacci extension, which could lead to $168.
The 1.618 Fibonacci level has already been surpassed, with next targets at $4.50 and $13.00 before reaching the ultimate goal. If XRP continues following these patterns, a massive 6,800% growth could be in store. This prediction hinges on the momentum from the broader crypto market.
Technical Indicators: XRP’s Bullish Momentum
XRP shows clear bullish signals in its technical chart. The price is above the 20, 50, 100, and 200-day EMAs. This indicates a solid uptrend. The MACD line stays above the signal line, reflecting continued bullish momentum.
A slight dip in the histogram suggests short-term weakness, but the overall trend remains strong. Derivative markets are showing growing interest in XRP. Trading volume rose by 10.34%, with more options activity. Open interest continues to grow, pointing to sustained investor confidence.
While liquidation data shows some volatility, the broader market sentiment stays bullish. For now, XRP’s strong technical setup and bullish indicators suggest a promising future. If momentum continues, analysts believe a 6,800% rally to $168 could become a reality.
The post XRP Breaks Key EMAs – Analysts Predict Potential 6,800% Growth to $168 appeared first on Crypto News Land.
To buy or not to buy, in particular our favourite little dog, The Shibu Inu, grandmaster of our dilemma. Personally, I will buy again just for the pure fun of owning it, along with Simon’s Cat. I love those animal coins. Really, they put a smile on my face. I am not a Future Trader, because I am absolutely terrible at it. With my ADHD, I cannot for the life of me, wrap my hyperactive brain around the charts in order to be successful. So I will stick to Spot trading, and not risk losing money that I don’t want to lose. In the end, I cannot take any profit or loss into my afterlife, and so I choose to see crypto for what it is, either some extra passive income or a few bucks of loss. Whatever happens, my unsolicited advice: don’t get emotionally involved, don’t risk life savings in hope to make a quick buck. Because that behaviour is no different from a gambling addiction. Also, emotional distance in money helps you make money, more than hyperfocused agitation when the market crashes or corrects. Don’t give so much power away to external circumstances. It’s not worth it. Ever.
Happy Holidays everyone. And most of all stay safe, and kind hearted.
Remember: none of us are getting out of this life experience alive, so make the best out of every day.🎉🎉🎉
$XRP 's Precision Scalping Opportunity: Trade Setup for the Moment
$XRP /USDT is currently trading at $2.3087, showcasing a balanced consolidation phase on the 15-minute chart. For an effective entry, consider placing buy orders between $2.3000 and $2.3100, close to the support level of $2.2950. Tight profit targets make this an excellent scalping opportunity, with TP1 at $2.3250, TP2 at $2.3400, and TP3 at $2.3550, positioned just below the resistance level of $2.3858. To safeguard your capital, set a stop-loss at $2.2900.
Once TP1 is achieved, secure partial profits and adjust your stop-loss to breakeven to ensure risk-free trading for the remaining position. This setup is ideal for traders looking to capitalize on short-term market movements with controlled risk.
I am terrible at future trading, therefore I’m really grateful that I kept everything on Spot. :) I’m new to this so am learning by doing.
Trisha Saha
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This Is It: Bullish Wave Confirmed (Leverage vs Spot)
$XRP
This is it... Notice that this is the same chart that I used before. Same levels, same drawings. This reveals the bullish bias easily because the levels were drawn before the latest move.
Notice how today's candle/session has a very long lower wick and the session is now green. Bullish confirmed (above. 2.24).
Notice that this session is trading as a higher low compared to 9 and 10-December. Double-bullish confirmation (candles wick low must close above 1.94).
The day needs to close green, 2.24 or higher, and the bullish signal is fully confirmed.
We don't wait for confirmation. We don't have to wait for confirmation.
Me and my people, on a chart like this one, go long.
Of course, you need to set up your own margin, your own targets, your own stop (support). We know leveraged trading is for experts and requires a very strong mind. It requires stable emotions and the ability to adapt instantly to market conditions. It requires experience.
Spot traders can buy and hold. Spot trading only requires patience and a clear level to sell when prices go up.
Spot only needs two things: (1) Buy and hold. This is the patience part. (2) Sell and collect profits. This is why you need to have a take profits level defined.
That is all.
Leverage is high potential for profits with ultra-high risk. Spot trading has amazing potential with basically no risk. There is no risk because you are buying the actual coins/tokens. If prices drop, you keep the same number of coins. You only sell when prices go up.
In the worst case scenario, you can exit a trade at a defined stop-loss point. But the risk is calculated beforehand and limited, say 10%. You never, ever, place a stop-loss on any exchange, it is a recipe for disaster. Set your sell orders on target after buying and wait. Wait for days, wait for years, wait for months...
It is an easy game with the right mindset and plan. We can all win with Cryptocurrency... Think about it, everybody who bought Bitcoin since just a few months ago is in the green zone; 100% of the participants. Everybody who bought Crypto in 2015, 2018, 2020 and the rest, by now are millionaires, it is not too late.
All those that bought in 2022, 2023, 2024 can be millionaires in 2029, 2030 and beyond. Think long-term.
Your support is awesome. You are appreciated. Read daily. Make sure to follow. Thank you.
the significance of RLUSD launch as if I'm a 3rd grader???
Imagine you have a piggy bank where you keep your dollars. Now, there's a new kind of piggy bank called RLUSD, where each coin inside is always worth exactly one dollar - no more, no less. This is special because, unlike regular money which can sometimes be worth more or less, RLUSD always stays the same. Significance for a 3rd Grader: Stable Money: RLUSD is like having money that doesn't change in value. If you have one RLUSD, you know it's always going to be worth one dollar. This makes it easier for people to trade or buy things without worrying about prices going up or down. Helping XRP: XRP is like a fast delivery truck that moves money around the world quickly. When RLUSD comes into play, it's like giving this truck something stable to carry. Here's how: Bridge Currency: When you want to send money from one country to another, you might need to change your money into different kinds. With RLUSD, you can use XRP to help make these changes faster and cheaper because RLUSD can be easily swapped for other currencies using XRP as the middleman. More Friends for XRP: By having RLUSD on the same playground (or in this case, the same blockchain where XRP lives), more people and businesses might want to come and play. This means more friends for XRP, which can make XRP more popular and valuable because everyone uses it for transactions. Easy Trading: RLUSD makes trading easier because it's stable. If you're playing a game where you trade toys but the value of toys keeps changing, it's hard to play. But with RLUSD, you know what each toy is worth, making the game (or trading) much fairer and simpler. So, in simple terms, RLUSD is a special kind of dollar that always stays the same value, making it easier for XRP to do its job of moving money quickly and efficiently around the world, which might make more people want to use #XRP .