Is it to make money by mining or buying coins? # Actually, this is a math problem. āFirst, if you use 50,000 yuan to buy BTC spot, there are only two results at this time: being stuck or making a profit. Then when BTC rises by 20%, your profit reaches 10,000 yuan, how long do you think this cycle will be? Then do you have the ability to buy at a relatively low price and sell at a high price? āSecond, if you use 50,000 yuan to buy BTC mining machines, you only need to wait for the return. If the coin price rises by 20% at this time, your return period will be shortened by one-fourth. After the return, the cost price will continue to be lowered every day of mining, and the profit is needless to say. āāSummary: Buying coins: requires your keen market insight, buying low and selling high and trading quickly. Mining: requires a one-time investment, waiting for the return, and long-term optimism about the development of BTC. #TON
Cryptocurrency News 1. On August 6, according to Tide Capital, the total open interest of Bitcoin futures contracts on the entire network has dropped to US$25.8 billion, a drop of more than 30%, and the funding rate has turned negative, with a large number of leveraged long positions being closed.
2. OKX announced that it will launch MAX and ONDO perpetual contracts with a maximum leverage of 50 times. MAX's USDT-based perpetual contract will be enabled at 16:30 on August 6, 2024, and MAX leveraged trading and Simple Earn will be enabled at 16:00 on August 6, 2024; in addition, ONDO's USDT-based perpetual contract will be enabled at 18:30 on August 6, 2024, and ONDO leveraged trading and Simple Earn will be enabled at 18:00 on August 6, 2024.
3. Meme coins rebounded across the board, with new meme coins such as HITMAN and NEIRO leading the gains Among the old meme coins, DOGE rose by 12.6% in 24 hours, SHIB rose by 18.6% in 24 hours, and PEPE and WIF both rebounded by nearly 20%; Among the new meme coins, FWOG rose by 92.4% in 24 hours, NEIRO on the Ethereum chain rose by 82.8% in 24 hours, and HITMAN (the same-name meme of Turkish icon Olympic shooting athlete Yusuf Dikec) on the Ethereum chain rose by 113.1% in 24 hours. #å åÆåøåŗåå¼¹
Summary of the key points of Trump's speech at the 2024 Bitcoin Conference: 1. The reason for attending the conference is to keep the United States at the forefront of digital cryptocurrency. 2. Bitcoin is a "miracle of cooperation and human achievement." If we do not embrace cryptocurrency and Bitcoin technology, other countries will dominate. 3. In order to facilitate mining in the encrypted digital field, efforts will be made in the power supply field to develop fuel power generation, nuclear power and other environmentally friendly power generation methods. 4. I hope that cryptocurrency will be mined in the United States. 5. Gensler, chairman of the SEC, will be fired on the first day of his election. 6. If elected, a Bitcoin Presidential Commission will be appointed. All Bitcoin jobs in the United States will be retained. 7. If elected, there will never be a central bank digital currency (CBDC) during my presidency, and the Treasury Department will be ordered to stop creating a central bank digital currency. 8. Bitcoin does not threaten the US dollar, and the actions of the current US government are threatening the US dollar. 9. Billions of people will deposit their savings in Bitcoin, never sell your Bitcoin. 10. If elected, the government will retain 100% of its Bitcoin. 11. The market value of Bitcoin will surpass gold in the future. Since its birth, the market value of Bitcoin has been increasing. It has become the ninth largest asset in the world by market value and will soon surpass silver and gold in the future. #å åÆåøåŗåå¼¹
$1000 SATS is optimistic about the future growth potential of SATS for the following reasons:
1. **Ecological growth brings premium flows**: As the SATS ecosystem expands and develops, the premium it attracts will flow to the entire ecosystem. Especially after the big cake is halved, the important task of maintaining network security will become more significant, which is in line with the original intention of Bitcoin founder Satoshi Nakamoto. Although the SATS project emerged late, it coincides with the golden period of the development of the cryptocurrency market and has the opportunity to lead its competitors.
2. **Innovation and Design**: The SATS project shows its innovative and bold character. Some people even doubt whether there is the shadow of Satoshi Nakamoto behind it! As the smallest measurement unit of the big cake, SATS has a total amount equivalent to Bitcoin and operates on the big cake through the BRC20 standard. This design not only helps establish the value storage function, but is also similar to engraving NFT and gold coins on a gold cake.
3. **Enabling the UNISAT Platform**: SATS is supported by the UNISAT platform, enabling it to pay gas fees, enhancing its functionality and usability. Furthermore, the SATS ecosystem is envisioned as a truly decentralized system that will attract more premiums and benefits as it develops. The interoperability between the BRC20 standard and SATS seems to be Godās arrangement.
Daily K5 consecutive positive, Bitcoin retracement continues to take more!
Bitcoin daily K level has been positive for 5 consecutive days, and the highest price in the morning has been 66100, which is the rhythm of rushing to 70000. 66000 is the pressure point. Although we are bullish, it is not recommended to chase the rise directly near the pressure point. Give the market more time and let the market test a few more times. There is no doubt that it will continue to go long during the day. The rest is where to take more.
To be honest, the market has been too affected by the news in the past few days, so the K line is not very standard. The Bollinger band is wide open, and the price is close to the upper track and keeps rising. It seems that there is not much space above and it is about to retrace at any time, but it keeps rising. Therefore, under this trend, Xia Sen thinks it is not recommended to go against the trend to seek a decline in short orders. $BTC #ē¾å½å¤§éå¦ä½å½±åå åÆäŗ§äøļ¼
Survival rules in the B circle: 10 tips to help you win! "
1. Don't easily fill your position at any time:
Ā· Keep some cash to deal with emergencies and avoid being completely trapped by short-term market fluctuations. This also helps to maintain psychological balance and flexible operation.
2. Eat the middle of the fish and leave the head and tail for others:
Ā· Pursue stable returns in the middle rather than extreme highs and lows, and avoid taking excessive risks due to greed.
3. Frequent operations will definitely lose everything, and indecision will slowly bleed:
Ā· Frequent trading will increase transaction costs and risks, and indecision may miss the best opportunity or lead to gradual losses. #ē¾å½å¤§éå¦ä½å½±åå åÆäŗ§äøļ¼
#åøå##ę°å蓧åø# btc When you are suffering, it is time to buy. If you wait until you and others are comfortable, then the price you buy will be uncomfortable.
Ignore everything and buy.
Epic cannot be stopped, and no one can stop it.
Everything is gradually turning to the better side.
After a month and a half, you will thank yourself for the suffering, the unbearable self and the embarrassed self today.
It is not recommended to surrender before dawn.
Maybe you have not realized that you are participating in an epic super bull market with global consensus before dawn, and you are still pessimistic and uncomfortable with your past mistakes.
Calm down and get through it. As long as you don't mess around and don't add unnecessary details, it is the most basic and reasonable to earn a number that you are satisfied with.
If all eight conditions driving gold are met (economic downturn, excessive money supply, capital flowing back to gold from high stock markets, continued real estate crash, stagflation, war, continued rise in digital currencies, financial crisis), then the rise in gold prices will exceed everyone's cognition. The so-called surge in gold prices you see now is only the beginning of 1/00. In the future, the price of gold will exceed 5,000 or even 10,000 per ounce, and gold stocks led by Zijin will become the first leader in bulk, and coal and copper will follow their lead. #CPIę°ę®
Saudi Arabian Central Bank joins mBridge [CBDC] plan, "After becoming an observer, Saudi Arabian Central Bank has joined the cross-border central bank digital currency (CBDC) project mBridge of the Bank for International Settlements (BIS) as a participant." And "jointly participate in cross-border CBDC projects with China, Hong Kong, Thailand and the UAE." As for why the Bank for International Settlements actively promotes the de-dollarization of international payments? There are some analytical articles abroad, but this is a very controversial topic, so it is inconvenient to say more. $BTC #ē¾å½å¤§éå¦ä½å½±åå åÆäŗ§äøļ¼
DIT staking mining will be launched on DIT Wallet at 18:20 on July 7, 2024. Please go to the official website or APP to stake and mine. The starting staking amount is 500DIT, with an initial 7-day annualized yield of 6%, a 30-day annualized yield of 8%, a 90-day annualized yield of 10%, and a 365-day annualized yield of 12%. DIT will adjust its yield based on the staking amount. $ETH #BTCäøč·åę
After the first halving, the bull market came 45 days later. After the second halving, the bull market came 102 days later. After the third halving, the bull market came 145 days later. The average number of days for the three previous bull markets to start was 97 days, and the average number of days for the three previous bull markets to start was 195 days. So the bull market will start in October at the latest and in July at the earliest. Come on! Let's get rich together #Mt.Goxå°åÆåØåæčæč®”å
PEPE is an upstart in the MEME series, many people compare it to doge As the former king of the meme series, doge is no longer as powerful as it was back then, but as the first token of the meme series, I think its development space is no worse than that of pepe, and it has Musk's platform. When pepe liberated its previous constraints in early June, it was destined that the future trend would continue to rise with a high probability. Pepe's current predicament is just following the correction of Dapan. #Ethereum# #ę°å蓧åøč¶ čÆ #åøå®åēŗ¦é¦ę čµ
This Banmuxia is hiding very deeply. This is actually a deification movement by exchanges or related stakeholders! I made it very clear at the time that those who talked about specific points in the short term were all liars. Once Banmuxia succeeded in deifying, many people came to believe in him. They used his logic to make contract leverage and thought it could reach 96,000, but were finally harvested and liquidated by the exchange! There are too many people like the Superman with a Market Sense at the beginning. Once the harvest is completed, they will not appear! @åęØå¤ Ordinary leeks can't see their routines at all, but worship him like a god. 90% of the people in this world are a mob, and this is even more so in the crypto circle. The mob of leeks is just stupid, but this kind of people are not only stupid but also bad. #åøå®åēŗ¦é¦ę čµ
Conditions: 1) Bitcoin reached its peak after its first halving, with an increase of 262 times after 11 months. 2) Bitcoin reached its peak after its second halving, with an increase of 53 times after 16 months. 3) Bitcoin reached its peak after its third halving, with an increase of 18 times after 17 months. Q: Bitcoin will reach its peak after its fourth halving on April 20, 2024, with an increase of ( ) times after ( ) months. #åøå®åēŗ¦é¦ę čµ
June 13 Digital Currency Dynamics Summary 1. Trump: Hope that the remaining Bitcoins will be mined in the United States. 2. People familiar with the matter: The Biden campaign is negotiating to accept cryptocurrency donations through Coinbase Commerce. 3. Coinbase report: Fortune 100 companies have seen a 39% increase in the adoption of crypto, Web3 or blockchain in the past year. 4. The U.S. government, miners and other major entities hold a total of about 4.23 million BTC, accounting for 27% of the total adjusted circulating supply of BTC. 5. Grayscale: The Fed's rate cut will weaken the dollar and support Bitcoin. 6. Affected by Trump's promise to support Bitcoin mining, the stock prices of the top ten mining companies rose by about 10%. 7. Turkey's lira cryptocurrency market share hit a new high. 8. Bitwise: Cryptocurrency and AI may add $20 trillion to global GDP by 2030. 9. Ripple CEO announced the name of Ripple's new stablecoin RLUSD. 10. 10x Research: If the price of Bitcoin climbs above $72,000, it may break a new high. 11. Dubai International Financial Centre: Closely communicate with Hong Kong on cross-border regulation of virtual assets, and potential cooperation in payment services. #åøå®åēŗ¦é¦ę čµ #ę¬§ę“²ęÆå¼čµ
After the Black Swan event, the stock market will go into turmoil, the so-called Black Monday. The crash will weaken the dollar, while silver and gold will continue to hit new highs.
- Banks have confirmed they will be closed next week for Memorial Day (Monday, May 27, 2024)
- USPS and UPS will also be closed
- X-Files: "It may start on Friday, Banks will be offline all weekend. Cryptocurrencies will disappear. This will be followed by a strategic EMP bomb, destroying major power grids This will look like a terrorist or Russian attack on the United States"
- ISO20022 tokens such as XRP and XLM become part of the new system along with silver and gold. Get ready for the switch! Everything we know will change. #åøå®åēŗ¦é¦ę čµ