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Understanding Solana's Recent Decline

$SOL has been dragged down by BTC, but why so quickly? Here are some potential key takeaways:

1. Market Conditions: Solana, like many cryptocurrencies, is heavily influenced by broader market trends. Recent volatility and downward pressure in the crypto market have significantly impacted Solana's performance.

2. Network Issues: Solana has struggled with network stability, affecting investor confidence. Recurring issues or concerns about these problems continuing can negatively impact its price. For instance, the network was heavily congested due to the meme coin frenzy just a month ago.

3. Competition and Innovation: The pace of development on the Solana blockchain compared to other DeFi and smart contract platforms, like Ethereum, can influence its market position. Delays or perceived slowness in rolling out new features or improvements can lead to a decline in investor interest. The rescheduled V1.18 update failed to bring positive momentum, with limited information available, contributing to the bearish sentiment.

4. Economic and Regulatory Factors: Economic uncertainties, including interest rate changes, inflation, and regulatory news, have also affected investor sentiment towards riskier assets like cryptocurrencies.

5. Technical Levels: Technical trading levels and resistance points provide insight into potential price movements. Solana's inability to break through certain price ceilings during trading might lead to sell-offs that further depress its price.

#CryptoTradingGuide #MicroStrategy #looz_crypto

Binance Airdrop 🎁 (REVOX) 🎁
CONGRATULATIONS 🎉🎉 to everyone who participated in the $LISTA WEB3 airdrop task! 🎉🎉 You're now profitable.
We have another ongoing Web3 airdrop: "REVOX Banner Title."
Don't miss this opportunity! Here's how to participate: (Step by Step)
1. Open your Binance Web3 wallet.
2. Deposit $3 worth of $opBNB to cover gas fees. (Refundable)
3. Click the airdrop icon and choose "REVOX Banner Title."
4. Connect your wallet (ensure it's connected to Binance Web3 wallet).
5. Enter this invitation code: "9Z867Z" and click confirm. (For extra $5 token)
6. Follow Revox on X (Twitter).
7.  Follow Binance Web3 on X (Twitter).
8. Enter your X (Twitter) handle.
9. Click check-in and approve the transaction. (See the screen shot)
Follow the prompts.
Good luck, everyone!
Make sure enter this invitation code: 7GN6J1
#Airdrops_free #Megadrop #looz_crypto

#Market

Don't worry the market will go up
Don't sell anything at a loss.

Otherwise, the loss cannot be recovered.
And if you can't keep calm or slow in this stock market then you are a loser.

Think before you invest

Don't think too much after you invest.

Think carefully before investing, there is no point in thinking after investing.

Only invest in strong projects

#CryptoTradingGuide #MicroStrategy #looz_crypto

⏳️REMEMBER⏳️
$ETH
Remember, the Ethereum ETF is going to be approved at the beginning of next month! ⏳️💪
Sources say that everything is ready, the S-1 filings have been made, and that it is only a matter of time before the ETF starts trading.💯🌊
That day will mark a momentous milestone, an unprecedentedly bullish signal. 🎯📈
Ethereum will rally, just as Bitcoin did after the spot Bitcoin ETF was approved. 🧙‍♂️💫
Remember, we are still some time away from the speculated date of July 2nd, which leaves ample time for the market makers to push the price down a bit more. 👀🚨
Be alert, as all of these crashes bring us amazing entry points in the market. 🤞👑
Once the Ethereum ETF is approved, be on the lookout for a mini altcoin season that might start, as usual, altcoins follow Ethereum closely. 🕝💸
Invest in projects linked to Ethereum such as ZK, MANA, SAND, Layer 1, and Layer 2 projects, as I believe they will be the frontrunners of the so-called mini altcoin season. 🔥🌊
#ETHETFsApproved #MicroStrategy #CryptoTradingGuide #looz_crypto

Crypto Trading Strategies: A Guide to Risks and Rewards

Navigating the dynamic world of cryptocurrency trading requires a solid understanding of various strategies . Here's a breakdown of some common approaches:

1. Day Trading:

Goal: Profit from short-term price fluctuations within a single trading day.
Advantages:
Potential for high returns if executed correctly.
Flexibility to adapt to market changes.
Risks:
High volatility and potential for significant losses.
Requires constant monitoring and quick decision-making.
Transaction fees can eat into profits.
Ex:Buying Btc at $20,000 and selling it at $20,200 for a 1% profit.

2. Swing Trading:

Goal:Capture price movements over a few days to weeks.
Advantages:
Less demanding than day trading, allowing for more time between trades.
Potentially higher returns than long-term investing.
Risks:
Requires accurate market analysis and timing.
Volatility can still lead to significant losses.
Ex: Buying Eth at $1,500 and selling it at $1,800 over a week.

3. Scalping:

Goal: Profit from very small price movements in a short time frame (seconds to minutes).
Advantages:
High volume of trades, potentially generating frequent profits.
Risks:
Extremely high risk and volatility, requiring lightning-fast reflexes and precise execution.
High transaction fees can negate profits.
Ex: Buying 0.1 ETH at $1,500 and selling it at $1,501 within seconds.

4. Arbitrage Trading:

Goal:Exploit price differences between exchanges or markets for the same asset.
Advantages:
Can be profitable if executed quickly and efficiently.
Lower risk than other strategies due to price convergence.
Risks:
Opportunities are often fleeting and require fast actions.
Transaction fees and slippage can undermine profits.
Ex: Buying Btc at $20,000 on Exchange A and selling it at $20,100 on Exchange

Effective Trading Practices:
Risk Management: Always define a stop-loss order
Diversification:Spread your investments across various assets to reduce overall risk.
Research:Thoroughly analyze the market

#CryptoTradingGuide #looz_crypto

HAPPY AID FOR ALL FAMILY

#BTC
#BNB

What Are Crypto Airdrops and How Do They Work?

Crypto airdrops : are a method used by blockchain projects to distribute tokens or cryptocurrencies for free to promote the project, increase awareness, and incentivize early adoption.

How Crypto Airdrops Work

1. Announcement: Through websites and social media.
2. Eligibility:Requires holding a specific cryptocurrency or following certain accounts.
3. Distribution:Tokens are distributed to eligible participants' wallets.

Types of Airdrops

1. Standard Airdrop:For users who register and complete simple tasks.
- Example:Decred airdrop in 2016.
2. Holder Airdrop:For holders of a specific cryptocurrency.
- Example:Stellar Lumens (XLM) airdrop in 2018.
3. Bounty Airdrop:For completing promotional tasks.
- Example: BitTorrent (BTTC) airdrop.
4. Exclusive Airdrop: For selected users.
- Example:Uniswap (UNI) airdrop in 2020.

Strategies to Find and Participate in Airdrops

1. Join Forums: Such as BitcoinTalk, Reddit, and Telegram.
2. Follow Social Media: For your favorite projects.
3. Use Aggregator Sites:Like Airdrop Alert and AirdropBob.
4. Subscribe to Newsletters:From crypto projects.
5. Participate in ICOs and IDOs:To be eligible for related airdrops.
6. Check Wallets: Like Trust Wallet and MetaMask.

Steps to Participate in Airdrops

1. Set Up a Wallet: Like MetaMask or Trust Wallet Binance web3
2. Follow Instructions: To meet eligibility criteria.
3. Complete Tasks: Such as following accounts or holding tokens.
4. Stay Safe: Never share your private keys or send funds.

By actively participating in the crypto community, you can benefit from these opportunities to get free tokens and support emerging projects. Happy airdropping!

#AirdropGuide #looz_crypto #MicroStrategy #Tips

#AirdropGuide

Crypto airdrops are a marketing strategy used by blockchain projects to distribute free tokens to a specific group of people . The goal is to encourage adoption and awareness of the new cryptocurrency . There are several different types of airdrops:

Bounty airdrops require participants to complete specific tasks, such as sharing content on social media or writing articles, in order to receive the free tokens .

Snapshot airdrops distribute tokens based on a user's holding or activity on another blockchain, like owning a certain cryptocurrency or participating in a decentralized application .

To find and participate in crypto airdrops, it's important to stay up-to-date on new blockchain projects and their marketing campaigns . Effective strategies include following crypto news sources, joining online communities, and signing up for airdrop notification services

Overall, crypto airdrops can be a beneficial way for users to obtain free tokens, while also helping blockchain projects to bootstrap their networks and user bases

more info in next post family ....
#BinanceTournament #AirdropGuide #BlackRock #looz_crypto

Here's an overview of the main coins that are likely to reach new all-time highs (ATHs) in June 2024:

Solana (SOL): Solana has already reached a new all-time high just a few days ago . With the current bullish momentum in the crypto market, Solana could continue its upward trend and break through new record levels in the coming weeks

Ethereum (ETH): Ethereum is predicted to move between $3,007 and $4,389 by 2024, suggesting the possibility of reaching new all-time highs in the coming months

Binance Coin (BNB): Binance Coin has recently reached a new all-time high, which is drawing attention to BNB-related assets that could also see significant appreciation in the near future

Although Bitcoin (BTC) is also on a bullish trajectory , it appears that altcoins like Solana, Ethereum, and Binance Coin are particularly well-positioned to reach new all-time highs by June 2024 according to the current market trends

#TopCoinsJune2024 #ETHETFsApproved #BlackRock #looz_crypto

As of June 2024, the top five cryptocurrencies in the market, based on their performance and market presence, are:

1. Bitcoin (BTC): Bitcoin continues to lead the market with its high market cap and widespread adoption as the premier cryptocurrency for both institutional and retail investors.

2. Ethereum (ETH): Ethereum remains a top contender due to its versatile blockchain that supports smart contracts and decentralized applications (dApps). Its recent upgrades have further improved scalability and reduced transaction fees.

3. Solana (SOL): Known for its high transaction speeds and low fees, Solana has gained significant traction in the DeFi, NFT, and gaming sectors. Its robust infrastructure and growing ecosystem make it a top investment choice.

4. Avalanche (AVAX): Avalanche is recognized for its customizable blockchain networks and efficient transaction speeds, making it ideal for decentralized applications and smart contracts. Its expanding ecosystem and technological advancements have bolstered its market position.

5. XRP (XRP): XRP, associated with Ripple, is prominent for facilitating quick and low-cost cross-border payments. Its strong partnerships with financial institutions and new developments like the USD-backed stablecoin on its ledger enhance its utility and market appeal.

These cryptocurrencies are currently leading the market, driven by their unique technologies, strong communities, and extensive use cases.

#TopCoinsJune2024 #BlackRock #bitcoin #looz_crypto

#Liquidations

🔴$300 million liquidated from the cryptocurrency market in the past 1 hour.

🔴In the past 24 hours , 156 497 traders were liquidated , the total liquidations comes in at $451.50 million

🔴The largest single liquidation order happened on OKX - ETH-USD-SWAP value $5.20M

⚠️ Never invest more than what you can afford to lose.
⚠️ Don't try to make quick money.
⚠️ High Leverage does not give you more money

#BlackRock #Binance55thProject(IO) #BTC #looz_crypto

Here are Some Tips For You to Become Profitable

1)Many Beginners to FNO Trading Often Look for a Future Trading Statergy or an Options Trading Statergy to Help Them Earn Good Returns on Each Trade.

2)Before You Enter into a Trade Make Sure You Get the Structure Right.

3) Options Trading and Futures Trading Offer ALot of Leverage.This is One of the Key Reason Many Traders Gravitate FNO Trading.

4) Getting too Greedy and Waiting to Make More Gains Could Turn Out to be Detrimental if the Market Falls.

5)If You Need a little More Help to Put Together an Option Trading Statergy,Sensibull Our Advanced Options Trading Platform Can be Highly Useful.

6)If You are a Beginner or Lost ALot of Money in Future So don't Trade by Yourself Take Help of an Expert.

For More Future Trading Guidance and Expert Analysis👇

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#StartInvestingInCrypto #BlackRock #bitcoin

How I Became a Crypto Investor 🧐

Friends, if someone had told me 5-6 years ago that I could earn amounts that I once only dreamed of, I wouldn't have believed them. But thanks to cryptocurrencies, I've not only achieved financial independence but also completely transformed my life.

🏁 My journey into cryptocurrencies began with small investments and a huge interest in new technologies. I studied the market, read articles, followed analysts, and gradually started investing. Yes, there were mistakes, but each experience made me stronger and smarter.

Today, I have a portfolio consisting of the most promising coins that provide me with a steady income. However, it wasn't always like this… Initially, I was searching for projects that could bring quick returns. Over time, I learned to find

🔍 such hidden GEMS. Now, I want to share my experience with you.

Why am I doing this? Because I believe that each of you can achieve the same success. The key is to start correctly and not be afraid to take risks. I want you to also taste financial freedom and be able to change your life for the better.

❓Want me to tell you how I did it

Show some activity and support, and I’ll definitely share all the details! I’m looking for at least 10k # reactions, and then I’ll continue my story…

#StartInvestingInCrypto #looz_crypto #BlackRock

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How to trade Bitcoin NFTs (Ordinals)?
Bitcoin Ordinals is a protocol which allows non-fungible tokens (NFTs) to be created natively on the Bitcoin blockchain. Bitcoin NFTs may also be referred to as Ordinal NFTs.

If you’d like to trade Ordinal NFTs on a marketplace, and UniSat are great options. After purchasing an Ordinal NFT, you can always view it in your Phantom wallet incl. live data and KPIs of individual collections.

#StartInvestingInCrypto #looz_crypto #MicroStrategy

How to trade Bitcoin and BRC-20 tokens?
The easiest way to trade Bitcoin and BRC-20 tokens is through your Phantom browser extension or mobile app. After logging in, select a wallet which holds Bitcoin or BRC-20 tokens you’d like to trade. Next, click on the arrow (swap) icon at the bottom of the screen. In the swap widget, select the token pair you’d like to trade. Then, review the order, and submit.
#StartInvestingInCrypto #looz_crypto

Let's continue the day with a local review on #BTC 🪙

Not so long ago, namely on the 28th of May, I shared with you my view on the global perspective of the asset movement. Today we will look at the local situation, which I think gives me great hopes for continued growth.

👁 Let's take a look at the 4h chart of the asset. On it we can immediately see that the price movement has been in the "Rectangular Triangle" technical pattern for quite a long time. At the moment, there has been a breakdown of its upper boundary, which in turn is the strongest, bullish signal. If the asset manages to consolidate above this level, the growth will continue.

The main local target is the breakdown of the resistance zone at 72823-71295$ - it is the most difficult to break through, as it separates the price from the All-time-high (73800$) update.

#MicroStrategy #StartInvestingInCrypto #looz_crypto