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BeyOglu - The Analyst
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Halving is near in which crypto project you're investing ?? #cryptomeme #beyoglu
Halving is near in which crypto project you're investing ??
#cryptomeme
#beyoglu
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BeyOglu - The Analyst
@Beyoglu
Theo dõi
Khám phá thêm từ Nhà sáng tạo nội dung
Whos portfolio has been halved before the halving 2024 😂😂😂 Thats hy i stop trading in February 😅😅 #beyoglu #Halving2024
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Luna's stablecoin (TerraUSD) was doomed from the begging. It was not backed by anything of value. Unlike TerraUSD, $USDC is fully backed by US government bonds and deposits in american banks. The depeg happened because they held some of their money in the distressed Silicon Valley Bank and there was a risk that their money would be lost, later the bank was bailed out. Depeg due to bank failures or even US government debt default will always remain a risk. Circle, the company behind USDC, is transparent and audited by Deloitte on a monthly basis. In contrast to Tether and their $USDT, which is rather opaque. There are also other stablecoins like MakerDAO's DAI, backed by onchain cryptocurrency debt, Ethena's stablecoin backed by ETH hedged with perpetual futures and so on. You should always #DYOR before investing as stablecoins are risky. Not everyone has access to the US banking system, but if you do it's definitely better to hold actual dollars than stablecoins. US dollar is constantly losing its value, but not everyone is ready to be balls deep in crypto, so we need stablecoins for now. #beyoglu
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𝐉𝐔𝐒𝐓 𝐈𝐍: $𝟏𝟒𝟑 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 𝐥𝐢𝐪𝐮𝐢𝐝𝐚𝐭𝐞𝐝 𝐟𝐫𝐨𝐦 𝐭𝐡𝐞 𝐜𝐫𝐲𝐩𝐭𝐨 𝐦𝐚𝐫𝐤𝐞𝐭 𝐢𝐧 𝐭𝐡𝐞 𝐩𝐚𝐬𝐭 𝟔𝟎 𝐦𝐢𝐧𝐮𝐭𝐞𝐬. While I’m here chilling. I didn’t even notice there was a dip. And I couldn’t care less about it. INVESTING IN CRYPTO DOESN’T HAVE TO BE STRESSFUL. You make it stressful by making dumb decisions like using extremely high leverage. Do you really want to get liquidated before what’s coming? #beyoglu
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Time to supply you with some #crypto knowledge. Literally. Maximum, total, and circulating supply explained 👇 #beyoglu
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Buy the dip. Bitcoin ain’t no tulip! Honesty, I think there’s a lot going on. First, the market is consolidating… Too many ppl buying futures and predicting price going up. Everybody can’t win the market… Also, I feel as if mining companies are selling equipment up until the last minute as those buying are trying to get the best deals. This means they’re selling at a discount, which then lowers pricing since $BTC price is a factor of the costs and expenses to mine, validate, & get transaction fees. Many times #BTC is priced at about 2x the cost. Look at how hashrate impacts the price of BTC… There’s a lot of movement in the mining industry and people trying to predict costs & predict the post halving future. Also the costs of electricity & power in other countries may be lower too. Now as other countries get GPU’s and mining equipment that they might not have been able to before, they can mine - or mine much more efficiently. This changing landscape is a big factor. Ultimately, IMO I feel like there’s a lot going on with many moving parts at work right now so BTC is finding support & resistance levels. I keep hearing that we are in a forward thinking market, but nobody really knows what this halving is going to do & we have seen anomalies in BTC heading up to this halving along with spot ETF’s and more. Overall, I’m going to buy more BTC when it dips and hold it. #beyoglu
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