Jacemeb
Crypto trader and crypto analyst
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15 Μου αρέσει
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Is the bull market over, and have we entered a bear market?
The cryptocurrency market has recently experienced significant fear, uncertainty, and doubt (FUD), with Bitcoin and other cryptocurrencies seeing serious price declines. News circulating on the media have reduced confidence, and market sentiment is largely fearful. Traders have been debating whether we have already transitioned into a bear market since the beginning of this month. While it is human nature to follow the crowd and differing opinions, do you believe the bull market has indeed ended and that we are now in a bear market? Before believing that the bull market has concluded, we must reconsider the phases of a downtrending market to accurately assess the situation.
A market in a decline goes through four stages.
1) Investors sentiment: At this point, investors start to wonder whether the bull market is over or if a bear market is around
2) Capitulation: capitulation is the sharp increase in selling pressure in a contracting market that signifies a mass investor surrender. Investors often give up during this stage and sell their Cryptocurrencies for a loss.
3) The third stage is where the speculators begin to enter the market. Speculators are traders with leverage and those who enter the market briefly. The market or the financial institutions that are present in the market often cause them to lose money.
4) The fourth stage is when cryptocurrency values keeps declining slowly but slowly good news starts to attract investors again, the downtrend market starts to lead to the uptrend market and possibly a bull market again.
Knowing these stages helps us to identify the side and stage of a market that is experiencing a decline. Technical evidence supports my belief that we are in the latter stages of the market's decline. If you've been trading cryptocurrencies for a long time, you would have probably observed that Bitcoin is the market leader. With the periodic alt session, the Bitcoin movement still continues to dominate the market, which provides direction for other cryptocurrencies. If you check from the chart, Bitcoin is making a strong effort to break the $88,000 support zone. Every drop that reaches the zone usually gets rejected and won't go down below the specified level. It shows that the bull market is still in charge and that it will continue to do so as long as the $88,000 level is maintained. The bull market is still holding strong until Bitcoin breaks below the support zone.
NFA(Not financial advice)
#BTCNextATH? #USBitcoinReserves #TariffHODL #AltcoinRevolution2028 $BTC $ETH $SOL
A market in a decline goes through four stages.
1) Investors sentiment: At this point, investors start to wonder whether the bull market is over or if a bear market is around
2) Capitulation: capitulation is the sharp increase in selling pressure in a contracting market that signifies a mass investor surrender. Investors often give up during this stage and sell their Cryptocurrencies for a loss.
3) The third stage is where the speculators begin to enter the market. Speculators are traders with leverage and those who enter the market briefly. The market or the financial institutions that are present in the market often cause them to lose money.
4) The fourth stage is when cryptocurrency values keeps declining slowly but slowly good news starts to attract investors again, the downtrend market starts to lead to the uptrend market and possibly a bull market again.
Knowing these stages helps us to identify the side and stage of a market that is experiencing a decline. Technical evidence supports my belief that we are in the latter stages of the market's decline. If you've been trading cryptocurrencies for a long time, you would have probably observed that Bitcoin is the market leader. With the periodic alt session, the Bitcoin movement still continues to dominate the market, which provides direction for other cryptocurrencies. If you check from the chart, Bitcoin is making a strong effort to break the $88,000 support zone. Every drop that reaches the zone usually gets rejected and won't go down below the specified level. It shows that the bull market is still in charge and that it will continue to do so as long as the $88,000 level is maintained. The bull market is still holding strong until Bitcoin breaks below the support zone.
NFA(Not financial advice)
#BTCNextATH? #USBitcoinReserves #TariffHODL #AltcoinRevolution2028 $BTC $ETH $SOL
Things you need to know about the Types of wallets keys we have
Private keys; these keys are your password to access your wallet. It acts as a password to manage your funds and create a backup wallet on a new device. The private key helps to prove asset ownership, create digital signatures, and execute transactions on the blockchain. The private key is a unique string of 64 characters. Luckily, some wallets provide you with a 12-word recovery phrase, aka "seed phrase". It is the seed that your private key can be generated from, and is used to restore your wallet in the event that the private key is lost or missing.
Public keys; These keys are what you send to your friends whenever you want to receive coins from them. It's also called a wallet address. It's a string of 42 characters and It's safe to send to friends but it's also important to send the right keys when receiving funds to avoid misplacement of funds.
Let quickly run through how you can recognize some important cryptocurrency wallet address
*Bitcoin wallet address starts with "bc1 or 1 or 3", though Bitcoin network has two types of addresses which are [segwit(Segregated Witness) and legacy]. Segwit addresses start with " bc1 or 3" while a legacy address starts with "1". SegWit addresses offer advantages in terms of lower transaction fees and better scalability compared to Legacy addresses.
*Ethereum and any token built on the blockchain starts with "ox"
*BNB and any token built on its blockchain starts with "ox" too. Let me just say an EVM compatible wallet address will always begin with '0x'
*Tron and any token built on its blockchain starts with "T"
*Ton and any token built on it blockchain starts with "U"
*Solana and any token built on its blockchain starts with any alphabet or any number but it's usually an alphabet or a number first.
Note; wallet address and contract address are not the same. A contract address is a code that identifies a specific token whereas Wallet address is used to identify the owner of a digital asset wallet.
#BTC #ETH #SOL $BTC $ETH
Private keys; these keys are your password to access your wallet. It acts as a password to manage your funds and create a backup wallet on a new device. The private key helps to prove asset ownership, create digital signatures, and execute transactions on the blockchain. The private key is a unique string of 64 characters. Luckily, some wallets provide you with a 12-word recovery phrase, aka "seed phrase". It is the seed that your private key can be generated from, and is used to restore your wallet in the event that the private key is lost or missing.
Public keys; These keys are what you send to your friends whenever you want to receive coins from them. It's also called a wallet address. It's a string of 42 characters and It's safe to send to friends but it's also important to send the right keys when receiving funds to avoid misplacement of funds.
Let quickly run through how you can recognize some important cryptocurrency wallet address
*Bitcoin wallet address starts with "bc1 or 1 or 3", though Bitcoin network has two types of addresses which are [segwit(Segregated Witness) and legacy]. Segwit addresses start with " bc1 or 3" while a legacy address starts with "1". SegWit addresses offer advantages in terms of lower transaction fees and better scalability compared to Legacy addresses.
*Ethereum and any token built on the blockchain starts with "ox"
*BNB and any token built on its blockchain starts with "ox" too. Let me just say an EVM compatible wallet address will always begin with '0x'
*Tron and any token built on its blockchain starts with "T"
*Ton and any token built on it blockchain starts with "U"
*Solana and any token built on its blockchain starts with any alphabet or any number but it's usually an alphabet or a number first.
Note; wallet address and contract address are not the same. A contract address is a code that identifies a specific token whereas Wallet address is used to identify the owner of a digital asset wallet.
#BTC #ETH #SOL $BTC $ETH
Let's explore the types of wallet we have
Types of crypto wallet
There are two main types of wallets:
Custodial wallet and
Noncustodial wallet
1)Custodial wallets; are wallets where a third party like CEX exchanges(bybit, binance, okx e.t.c) stores your keys for you. Custodial wallets are very easy to access and are good for newbies or users who don’t want to fuss too much with security, and who aren’t concerned with trusting a third party to their private keys. Because of risks like hacks, or even an exchange going bankrupt (which has happened before), it’s generally not advisable to keep large amounts of cryptocurrency in a custodial wallet.
2) Non Custodial wallets; are wallets where you store your own keys. Instead of third parties like crypto CEX exchanges having custodial access, you have full control over your digital assets. Users with non-custodial wallets are their own banks with access to their funds. These non-custodial wallets are ideal for experienced traders ready to shoulder the great responsibility of storing their keys safely. Many in the crypto industry believe in the maxim: “not your keys, not your coins”, meaning that If you lose access to your private key, you lose all of your crypto assets, it's difficult to retrieve a lost private key for non-custodial wallets, so you need to be extra careful.
We have two types of non-Custodial wallets as well;
1)Cold wallet(has no connection to the Internet e.g hardware wallet like, ledger, trezor model T e.t.c )
2)Hot wallet(has an Internet connection e.g metamask, trust wallet e.t.c)
Stay tuned for my next post where I'll write about the wallet keys we have
#Like #Follow #Share
#BinanceBlockchainWeek #CryptoPreUSElection $BTC $ETH $BNB
Types of crypto wallet
There are two main types of wallets:
Custodial wallet and
Noncustodial wallet
1)Custodial wallets; are wallets where a third party like CEX exchanges(bybit, binance, okx e.t.c) stores your keys for you. Custodial wallets are very easy to access and are good for newbies or users who don’t want to fuss too much with security, and who aren’t concerned with trusting a third party to their private keys. Because of risks like hacks, or even an exchange going bankrupt (which has happened before), it’s generally not advisable to keep large amounts of cryptocurrency in a custodial wallet.
2) Non Custodial wallets; are wallets where you store your own keys. Instead of third parties like crypto CEX exchanges having custodial access, you have full control over your digital assets. Users with non-custodial wallets are their own banks with access to their funds. These non-custodial wallets are ideal for experienced traders ready to shoulder the great responsibility of storing their keys safely. Many in the crypto industry believe in the maxim: “not your keys, not your coins”, meaning that If you lose access to your private key, you lose all of your crypto assets, it's difficult to retrieve a lost private key for non-custodial wallets, so you need to be extra careful.
We have two types of non-Custodial wallets as well;
1)Cold wallet(has no connection to the Internet e.g hardware wallet like, ledger, trezor model T e.t.c )
2)Hot wallet(has an Internet connection e.g metamask, trust wallet e.t.c)
Stay tuned for my next post where I'll write about the wallet keys we have
#Like #Follow #Share
#BinanceBlockchainWeek #CryptoPreUSElection $BTC $ETH $BNB
WHAT IS A CRYPTO WALLET?
Crypto wallets store your private keys and public keys, keeping your crypto safe and accessible. They also allow you to send, receive and spend cryptocurrencies like Bitcoin, Ethereum, Tron e.t.c.
They also support cryptocurrency transfers through the blockchain. Wallets allow users to perform certain actions with their crypto assets, such as buying and selling or interacting with decentralized applications(dapps).
A crypto wallet has two keys: (i) Public keys and (ii) Private keys
(i) Private keys: These keys are your password to access your wallet. This key is like a bank account password or PIN and this key is essential that you keep it safe and secretly. Examples are the 12 phrase words you receive from trust wallet, the email and password you use to sign in on exchanges like #binance , Mexc and many other CEX exchanges.
(ii) Public keys: These keys are what you send to your friends whenever you want to receive coins from them. This key is like a bank account number and can be shared widely. Examples are address, email e.t.c.
WHY CRYPTO WALLETS ARE IMPORTANT IN THIS INDUSTRY?
Unlike a normal wallets, which can hold actual cash, crypto wallets technically don't store your crypto. Your holdings live on blockchain, but can only be accessed using a private key. Your keys prove your ownership of your digital money and allow you to make transactions. If you lose your private keys, you lose access to your money. That's why its important to keep your wallet private keys safe.
In addition, we have different types of wallet but in my next post, I will share with you the types of wallets that we have. #BTC #XAI #tia #etf
Crypto wallets store your private keys and public keys, keeping your crypto safe and accessible. They also allow you to send, receive and spend cryptocurrencies like Bitcoin, Ethereum, Tron e.t.c.
They also support cryptocurrency transfers through the blockchain. Wallets allow users to perform certain actions with their crypto assets, such as buying and selling or interacting with decentralized applications(dapps).
A crypto wallet has two keys: (i) Public keys and (ii) Private keys
(i) Private keys: These keys are your password to access your wallet. This key is like a bank account password or PIN and this key is essential that you keep it safe and secretly. Examples are the 12 phrase words you receive from trust wallet, the email and password you use to sign in on exchanges like #binance , Mexc and many other CEX exchanges.
(ii) Public keys: These keys are what you send to your friends whenever you want to receive coins from them. This key is like a bank account number and can be shared widely. Examples are address, email e.t.c.
WHY CRYPTO WALLETS ARE IMPORTANT IN THIS INDUSTRY?
Unlike a normal wallets, which can hold actual cash, crypto wallets technically don't store your crypto. Your holdings live on blockchain, but can only be accessed using a private key. Your keys prove your ownership of your digital money and allow you to make transactions. If you lose your private keys, you lose access to your money. That's why its important to keep your wallet private keys safe.
In addition, we have different types of wallet but in my next post, I will share with you the types of wallets that we have. #BTC #XAI #tia #etf
WHAT YOU WERE NOT TOLD ABOUT WHO INVENTED BITCOIN😲$BTC $ETH $BNB
Satoshi Nakamoto is the name used by the creator of bitcoin. It is unknown that Satoshi is one individual or a group of people, but in 2008 he/she sent out an email to a cypherpunk mailing list outlining a proposal for what would become bitcoin.
After bitcoin's launch in 2009, Satoshi remained active in nurturing the early bitcoin community until 2011 when he or she or they vanished without a trace.
Over the years this has led to speculation about their identity. Some have suggested prominent computer scientists and cryptography while others think its a famous tech leader Elon Musk. One of the key figures and most likely creator from bitcoin's early days was Hal Finney, a computer scientists, who received the very first bitcoin transaction from Satoshi. However, Finney denied he was bitcoin's creator and died in 2014.
In early discussion with members of the cypherpunk community, Satoshi claimed that in the case of centralized, disruptive tech companies such as Napster, it was relatively easy for governments to close down the website and bring criminal charges against developers. However, project like the Toronto browser are still going strong because its impossible to find the creator and shutdown a particular website domain. This may explain why bitcoin's creator has chosen to remain anonymous to avoid scrutiny from government and regulators.
In a final message from Satoshi to an early Bitcoin developer in 2011, the creator said "he had moved on to other things and that the future of bitcoi was in good hands".#BTC #etf #tia #ETH #ai
Satoshi Nakamoto is the name used by the creator of bitcoin. It is unknown that Satoshi is one individual or a group of people, but in 2008 he/she sent out an email to a cypherpunk mailing list outlining a proposal for what would become bitcoin.
After bitcoin's launch in 2009, Satoshi remained active in nurturing the early bitcoin community until 2011 when he or she or they vanished without a trace.
Over the years this has led to speculation about their identity. Some have suggested prominent computer scientists and cryptography while others think its a famous tech leader Elon Musk. One of the key figures and most likely creator from bitcoin's early days was Hal Finney, a computer scientists, who received the very first bitcoin transaction from Satoshi. However, Finney denied he was bitcoin's creator and died in 2014.
In early discussion with members of the cypherpunk community, Satoshi claimed that in the case of centralized, disruptive tech companies such as Napster, it was relatively easy for governments to close down the website and bring criminal charges against developers. However, project like the Toronto browser are still going strong because its impossible to find the creator and shutdown a particular website domain. This may explain why bitcoin's creator has chosen to remain anonymous to avoid scrutiny from government and regulators.
In a final message from Satoshi to an early Bitcoin developer in 2011, the creator said "he had moved on to other things and that the future of bitcoi was in good hands".#BTC #etf #tia #ETH #ai
WHAT IS CRYPTOCURRENCY?
A cryptocurrency is just like a digital form of cash. You can use it to pay friends for your share of the bar tab, buy that new pair of socks you've been eyeing up, book flights and hotels for holiday. Cryptocurrency is digital. It can also be sent to friends and family anywhere in the world.
WHY IS IT CALLED CRYPTOCURRENCY?
The name cryptocurrency is a combination of cryptography and currency.
"Cryptography", we use advanced math to secure our funds, making sure that nobody else can spend them.
"Currency" is money
#BTC #ai #etf #Launchpool #tia
A cryptocurrency is just like a digital form of cash. You can use it to pay friends for your share of the bar tab, buy that new pair of socks you've been eyeing up, book flights and hotels for holiday. Cryptocurrency is digital. It can also be sent to friends and family anywhere in the world.
WHY IS IT CALLED CRYPTOCURRENCY?
The name cryptocurrency is a combination of cryptography and currency.
"Cryptography", we use advanced math to secure our funds, making sure that nobody else can spend them.
"Currency" is money
#BTC #ai #etf #Launchpool #tia
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