Can you explain how to determine the DCA entry location?
CryptoG33
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The altcoin season is still in its early stages and we will see crazy increases 🤪
It will be normal for us to see currencies rise 50, 100 and 200 times
For example, the OM currency rose 250 times (25,000%) during the year
And God willing, we will see currencies that can make these strong increases 🤲
📌 For currencies like these, you must have a strategy for entry and exit, and I will share with you what I do 1. I determine how much value I will enter into the currency as an investment 💰 2. I make sure that I do not need this amount during (4 - 12 months) and if I lose it, it will not harm me financially at all (assuming I determined that the amount is $500) 3. I distribute my income by 500$ over the regions (DCA strategy). If the currency rises from my normal entry price, I make the DCA above and enter at every bounce and correction of the currency settlement.
There will be different targets for the goals and you are free to exit at any profit percentage that suits you. 🙂
5 Cryptocurrencies to Buy Before the End of 2024 If you’re thinking about diversifying your investment portfolio, here are five cryptocurrencies that should be on your radar as 2024 draws to a close. From decentralized storage solutions to the latest AI-driven coins, each offers unique benefits and growth opportunities. 🚀
Russia is accelerating its move towards regulating the use of cryptocurrencies, as companies struggle with increasing difficulties in foreign payments under the threat of US sanctions due to the war in Ukraine, according to “Bloomberg”.
Lawmakers in the lower house of the Russian parliament will consider a draft cryptocurrency law in second and third readings, in addition to separate legislation regulating cryptocurrency mining.
-The bills are expected to receive quick approval from members of the Senate before President Vladimir Putin signs them into law and enters into force at the beginning of next September, according to the Chairman of the Financial Market Committee of the House of Representatives, Anatoly Aksakov.
A question that puzzles me: Why, after the existence of investment funds in ETH, instead of raising its price, it dropped from 3500 to 3200!! #ETF_ETH $ETH
Did you sell your coins with the correction because Germany sells Bitcoin? 😂 Enjoy this good news 👇 📰 In a surprising reversal, the German government, known for its recent massive Bitcoin sell-off, has bought back a large amount of Bitcoin worth $111.5 million, equivalent to 1,915 Bitcoin. Push those with weak hands so they can buy at a cheaper price than them 🤣🤦🏻♂️ $BTC
Why don't we in Egypt use the payment method #fawry and the transfer without any fees and withdrawal from the Bank of Egypt for free in #P2P operations? It will be saving and convenient and it is useful to activate with the card, but I do not know why people do not add it to the payment options $BTC $BNB #egypt
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#FavoriteToken $BNB BNB (Binance Coin) is my favorite in the world of cryptocurrencies for several reasons. First, BNB is the native currency of Binance, which is one of the largest and most popular digital trading platforms in the world. This gives the code great strength and stability due to the great trust users place in this platform. Second, BNB is versatile. It can be used to reduce trading fees on the Binance platform, saving users a significant amount of costs in the long run. Additionally, BNB is used for new token launches on the Binance Launchpad, giving token holders opportunities for early entry into promising projects. Third, the Binance team is always striving to develop and expand the uses of BNB. For example, Binance Smart Chain (BSC) was launched which uses BNB as the main currency for transactions. This strengthens BNB's position in the market and increases demand for it. Finally, I see that BNB has a bright future thanks to the ongoing partnerships and new developments that Binance is making. The continued interest from the large community and strong support makes me consider BNB a solid and safe investment in the world of cryptocurrencies. Therefore, I choose BNB token as my favorite token and share my thoughts using the hashtag Although it depends on permanently transferring the remaining sixes, no one benefits from those cents
🔴 The calm in the markets that we are currently witnessing is nothing but the calm before the storm.. 🔥 • Today we are awaiting US inflation data, interest rate decisions, and Powell, and it is very rare for these data to be released in one day. • Market madness will begin in the afternoon at 3:30 Saudi time, when US inflation data will be released. • Then at 9:00 Saudi time, the US interest rate decision will be issued, which is expected to be set at 5.50%. • Finally, Jerome Powell’s speech at 9:30 Saudi time, which will be more important than the interest rate decision itself. 👈 The most important question today remains: Will inflation return to rise? Will the US Federal Reserve continue to maintain its monetary policy tight? $BTC $ETH $BNB #Binance
God is very important, my sisters The most important tips to guide you on the path of digital currencies and investment ✅ 1. Diversification: Do not put all your eggs in one basket. Invest in a mix of well-known cryptocurrencies like Bitcoin and Ethereum, as well as promising altcoins. This reduces risk and increases the potential for gains. ✅ 2. Stay informed: The cryptocurrency market is highly volatile and affected by news, regulations and technological advances. Follow trusted sources, join crypto communities, and stay up to date with the latest market trends. ✅ 3. Security: Protect your investments with strong security practices. Use hardware wallets, enable two-factor authentication, and avoid sharing your private keys. ✅4. Long-term view: While short-term trading can be profitable, consider keeping a portion of your investment portfolio for the long term. Historically, major cryptocurrencies have shown significant appreciation over time. ✅ 5 Research Projects: Before investing in any cryptocurrency, research its technology, team, use case, and community support. Investing in solid projects with real-world applications can deliver high returns. ✅ 6. Risk management: Only invest money you can afford to lose. Set stop loss orders $BTC $ETH $BNB
Do not panic, as long as you do not sell and you do not lose, as long as you buy in reliable currencies that are supported by adults, do not worry The market is going down and this is normal But wait for the right moment to make good profits and do not panic. $BTC $ETH $BNB
$DOGE After inspiring the world, meme coins died! 😢 Ideas for Dogecoin The meme coin's market cap of $22.86 billion is Kapuso's legacy after his death. May 24 was the quiet death of Kapuso, the first Shiba Inu dog and the inspiration for Dogecoin. DOGE's $22.86 billion market capitalization is a lasting legacy of the Dogecoin project. Despite its 6% gain during the week, DOGE price fell 1.5% on Friday. The most valuable cryptocurrency by market cap, Dogecoin (DOGE), is named after the beloved Shiba Inu dog Kabosu, who passed away early Friday morning after a courageous battle with leukemia and liver disease. Kapuso became famous after being the inspiration for the "Doggie" meme. DOGE maintained its 6% weekly gain and fell 1.2% on Friday after the announcement. The Kapuso Shiba Inu dog popularized as a symbol of Dogecoin, the largest meme currency by market cap, died in the early hours of Friday, according to a blog post by her owner. Dogecoin holders mourn the passing of the original Dogememe. The famous dog, who suffered from leukemia and liver problems for more than two years before her death, is being mourned by DOGE holders. On Friday, the market cap of DOGE, inspired by Kapuso, was about $22.86 billion. On Friday, DOGE price declines.
Two words are better than 100 $BTC $ETH $BNB Understand the thinking of whales because they are the ones who move the market When Ethereum Liquidity Increases More Than Bitcoin: Evidence of the Next Altcoin Rally Have you ever wondered why attention is shifting from Bitcoin to Ethereum and other altcoins? With Ethereum becoming more liquid and outperforming Bitcoin, a big move appears to be on the horizon. This shift is not just a temporary phenomenon, but rather an indicator of a strong rise in altcoins. Join us in this exciting article to explore how this shift in liquidity could be the clear evidence of the rise of altcoins in the coming period. the main points: The difference between Bitcoin and Ethereum: Understanding the fundamental differences between the two largest digital currencies. Liquidity analysis and its importance: Why is liquidity an important indicator in the digital currency market? Increasing liquidity in Ethereum: Reasons and factors leading to increased liquidity in Ethereum. Liquidity Impact on Altcoins: How could this shift lead to the rise of other altcoins? In recent months, we have seen a significant increase in liquidity available in the Ethereum market. There are several factors contributing to this growth: Decentralized Finance (DeFi): Ethereum has become the backbone of DeFi projects, increasing demand for it.
With the #Binance #بايننس platform obtaining the license to practice in #دبي and its approval, let us all wait for a recovery in the currency market, and I expect that the best growing currencies will be $BNB and $BTC . Disclaimer: This is not trading advice, but only news from the markets and a point of view