#CryptoMarketDip The market has deeply declined for two days today, and I see many people cursing the currencies they have invested in, it's really funny.
As for me, instead of cursing, I bought more and climbed to the peak again, haha
Now, I can only smile and wait, I will hold it until the end. Smiling on the outside but screaming inside " red coin ".
#MarketPullback In the morning, Bitcoin's price seemed to rise again, but by the afternoon, the price dropped to $BTC like a joke, causing a lot of confusion.
At the end of the year, the pressure on the market is too much, everyone.
This is how to quickly pump the price of DOGE. The truth is it increased in value right after Elon Musk posted this image.
Mr Ken
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Talking about Doge Coin $DOGE
As you can see, since November 6, 2024, there has been a continuous price increase, the price increase trend parallel to the way Bitcoin ($BTC ) increases.
The influence of President TRUMP, the love of Doge from Elon Musk and the value of the digital currency Dogecoin has skyrocketed after US President-elect Donald Trump announced the establishment of the Department of Government Efficiency, abbreviated as DOGE.
And recently, Binance founder CZ (Changpeng Zhao) also spoke about the excitement of Doge coin.
Putting together the recent events, we can put our faith in the value of DOGE in the near future.
You know what I mean, I'm holding a little DOGE waiting for the day it explodes. If you can't hold, you can't get rich.
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Everyone has a chance to participate in the #HaveYouBinanced giveaway on Bianance's social media and community channels and even have a chance to share $13,000 in $BNB and exclusive Binance Merch rewards!
That's what makes me love Binance, from the beginning CZ inspired me when I was looking for opportunities to get rich in society, with the message "if you can't hold, you can't get rich", and from there I found Binance 💪.
With what Binance brings, this is not simply a cryptocurrency exchange but also a quite interesting playground with many events continuously taking place.
Binance is constantly improving all tools to help every user use it easier and safer with their investment in the cryptocurrency market.
Still with the saying "if you can't hold, you can't be rich", you must understand that no matter what market you invest in (Spot/Futures), if you can't hold the orders or the money you have, you can't be rich.
Be careful and always do your own research before making any decisions about using your money.
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@CARV What benefits does CARV Protocol bring to users?
Imagine a future where data creates value for everyone, while privacy and ownership remain in the hands of individuals.
What does CARV's future look like?
CARV Protocol promises to open up a promising future. The project is a flexible data layer for gaming and AI, revolutionizing the way data is used and shared. CARV ensures privacy, ownership and control are firmly in the hands of individuals, creating a future where data creates value for everyone
Here are some promising aspects of CARV:
- Self-sovereign identity (SSI) and incentivized data sharing protocol: CARV enables users to share value from data usage in a secure and privacy-protected manner.
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- AI development support: CARV provides large amounts of data ready for AI model training, reinforced by human feedback. - Integrate data from both Web2 and Web3: CARV allows the aggregation of personal data from various sources to create a comprehensive visualization of personal data
In short, participating in the CARV Airdrop and integrating with Binance Web3 Wallet helps you start participating in the data empowerment movement and contribute to the development of the CARV Protocol.
#MarketDownturn As you have seen in the past week, also starting from August 2024, we have seen a sharp decline in prices from the crypto market, including the stock market. What we are worried about now is the downturn in the crypto trading market. I am not an expert in any field, so I have no advice for you at this time, but I still want to share my own views, hoping to help everyone reading have a more positive view. Reasons for the market decline in the past week 1. Risk sentiment: The cryptocurrency market is being sold, reflecting the weak light of the US stock market. In just the past 24 hours, the US stock market has lost up to $ 1.1 billion. The S&P 500 and Nasdaq also fell to multi-week lows, with the S&P 500 recording a daily loss of up to 2%. The rise in the value of technologies has made this very volatile when there is a sales lead of technologies. 2. US economic news: The number of unemployment benefits applications in the US increased by 235,000 in the week ending July 20, according to the US Department of Labor. Although this figure is lower than the initial estimate of 238,000 and lower than the previous week's figure of 245,000, the market is still worried about the impact of this situation on the Federal Reserve Bank's monetary policy. Investors are less expecting a FOMC rate cut this month. Instead, the consultant predicts that there could be two or more rate cuts by the end of the year. 3. Ethereum withdrawals: The newly launched Ethereum transactions in the US recorded withdrawals on the second transaction with a total withdrawal value of $ 133.3 million. At the same time, Grayscale Ethereum Trust (ETHE) also recorded a strong withdrawal with a withdrawal amount of up to 326.9 million USD. Here are some strategies you can consider during the crypto market downturn: 1.Stay informed: Make sure you understand the crypto projects you are investing in. Be well informed about the technology, potential and foundation of each project. 2.Diversify your investments: Divide your investments into different cryptocurrencies to minimize risks. Don't put everything in one ball. 3.Stay informed: Keep track of events and changes in the market. This helps you make decisions based on the latest information. 4. Risk Management: Put a certain percentage of assets into crypto and follow the principle of “don’t put more than you can afford to lose” (don’t cut the SPOT investment account error to participate in Margin or Futures right now) 5. Learn about margin and futures trading: If you participate in trap trading or futures, learn how they work and the risks involved. I have shared an article on how to handle risks when participating in the Futures market before. 6. Blockchain network form: Master the knowledge of blockchain networks such as Bitcoin, Ethereum, Solana, and Cardano. This helps you evaluate projects based on technology and potential. What will I do during the period of supposed crypto market recession? As a consultant like you, with the least capital, I am always careful in every investment from Spot to Margin and Futures to minimize the risk for me. During this downturn, I will still keep my money in the SPOT market, temporarily stay out of the margin market and Futures, I also suffered a lot of losses from the Futures market last week because of my wrong assessment. And all in this period I still keep my money in the Spot market and buy more even though the price is still falling. I am not too worried when the crypto market fell last week, because if it falls, it will increase, if you have a losing mentality and try to rush into the margin market or futures to remove or cut the error in the Spot market, it is an unsafe decision. If you are like me, keep your investment money in the SPOT market and can buy more when the market falls, never give up and cut the error in the SPOT market, unless the crypto project you are participating in has a family foundation of bankruptcy or fraud, then you can sell to solve the error immediately. Keep your invested cryptocurrency in Spot wallet, you can take out some other money to participate in the side market or Futures and remember to manage the risk by placing TL/SL orders. The market will go down and up again, those who hold cryptocurrency will always be the winners if they have not sold (If they have not sold, they have not made a mistake). Don't worry too much about the decline of cryptocurrency in the past week, review the previous years, each year there will be strong increases and decreases that can help you reduce losses and sell your investment account. Now, I am still optimistic about the amount of money I have invested and am holding even though I have recently lost other mistakes from the Futures market. Currently, I am going to have a cup of coffee to relax and wait for the storm to pass. Congratulations on your investment results. #Write2Earn! #Write&Earn