Is trading coins really profitable? The first bull-bear cycle for Bitcoin (BTC) was from 2010 to 2013, with the halving date on November 28, 2012, where the reward changed from 50 to 25 coins. The price soared from a low of 11 dollars to 260 dollars, a 23-fold increase. The second bull-bear cycle, 2014-2017, had a halving date on July 10, 2016, where the reward changed from 25 to 12.52 coins. The price rose from a low of 430 dollars to 20,000 dollars, a 46.5-fold increase. The third bull-bear cycle from 2018 to 2021 had a halving date on May 12, 2020, changing the reward from 12.5 to 6.25. The price went from a low of 3,150 to 69,000, a 22-fold increase. With Bitcoin (BTC) experiencing such significant gains, you have to ask if trading coins is profitable.
When people are young, if their finances allow, they should enjoy some food, drink, and fun. Don't always wait until retirement to enjoy life; by then, all the joys will be greatly diminished and tasteless. 'Picking flowers in the morning and gathering them in the evening' means that when you turn thirty, buying the things you wanted at eighteen or going to places you wanted to visit at twenty becomes meaningless. There aren't that many tomorrows; only the unpredictability of life remains. Wanting to buy osmanthus flowers and drink wine together is never as good as a youthful adventure. Overestimating the future and underestimating the present is a huge mistake. When you're old, your body won't be controlled by you. People in the crypto world, please cherish your youthful years.
Trading cryptocurrencies leads to wealth; it's all predestined. It's often said that wealth is sought in danger, but it can also be lost in danger. One may gain only one out of ten times and lose nine out of ten. If great wealth is not destined, it cannot be sought.
The most reliable and stable method for the working class is to invest regularly in a few trustworthy coins, and don't think about anything else. But assuming your monthly income is 5000, and you invest 1000 every month, after three years you will have invested 36,000. Even if you multiply that by ten, it would only be 360,000, far from the level of 'getting rich'!
Pepe is the best among the new meme coins born after 2023, no exceptions. If you study the origin and evolution of Pepe, observe its spread on the internet, and feel its meme quality, you will understand this clearly. Pepe allows everyone to see themselves.
Traders of LUNA are basically crying in the toilet right now. Just a week ago, the currency was priced at 85 dollars, and a week later, it plummeted to 0.006 dollars. Some say this is a Ponzi scheme in the digital currency world, while others say it is a battle of capital; of course, some have profited by timing the market! Ordinary crypto traders are just choosing a type of investment, which is indeed risky, but those who make money can really profit, while true traders manipulate the market. They have enough money to drive prices up through capital operations and then cash out, leaving the retail investors who followed the trend to bear the losses. Many people have heard a saying.
Most entered the market in 2020-2021. Among them are professional A9s and those specializing in new dog coin launches. Most now have asset levels at A8-9+, and their lives aren't that extravagant; they just find it easier to buy houses and cars.
The crypto world makes it easy to get rich, and many people do get rich. However, if you choose a regular digital currency exchange, you are very likely to fall victim to scams or get trapped in shady exchanges, leading to withdrawal issues. Amidst the global wave of digital currency trading, Binance and OKEx stand out due to their innovative ideas and strong capabilities, becoming top-tier digital currency exchanges. You can buy a few coins and hold them, or wait for the exchange to airdrop free coins, which doesn't cost anything. What if they rise tens of thousands of times like Bitcoin? Binance founder Zhao Changpeng, with Binance's impressive performance, has once again become the richest Chinese this year.
Strong recovery, assets doubled! Keep up with nostalgia, plan ahead, and easily reap large profits.
Keep an eye on: A2Z YALA
#eth breaks 4000
