A young man sold his kidney three years ago to buy a #NFT that was part of the #BAYC package.
Today, he has lost more than 80% of its value.
Three years ago,
A young man was trading in the cryptocurrency field called Vidu, sharing the story of selling his kidney to buy an (NFT) from the Bored Ape Yacht Club (BAYC).
Vidu posted a picture showing a stitched wound next to an NFT of an ape, along with a message expressing his pride in joining the digital art community.
At that time, BAYC was very popular among investors and celebrities, leading to a significant increase in prices.
However, the value of these #NFTs has decreased over time from a price of 150 Ethereum to less than 25 Ethereum, which is a decline of about 83%.
What is Bitcoin's Layer 2? The most important Bitcoin Layer-2 projects to know in 2025
Since the launch of Bitcoin in 2008, its currency BTC has revolutionized the world of digital finance, being the first decentralized cryptocurrency based on blockchain technology. However, despite its established status, Bitcoin faces significant challenges regarding transaction speed and high fees, especially with its increasing use and the spread of applications built on it such as BRC-20 tokens and Ordinals. To address these challenges, what is known as Bitcoin Layer 2 has emerged — innovative technologies aimed at enhancing the capabilities of the Bitcoin network without compromising its security.
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Invest in the currency for the long term A strong network and you'll know why I always recommend it A long-term investment, put in an amount and leave it
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O Allah, make us among those to whom You have given the kingdom, and have guided them to thank You, and have blessed them in what You have given, and make us among Your righteous servants, for whom there is no fear and who do not grieve. And grant us a good and blessed provision, and guide us to what You love and please, O Most Merciful of the merciful.
Here I will provide you with a simple and quick explanation of the Hammer Candle, price structure, and entry and stop-loss areas.
Follow along with me.
The Hammer Candle pattern shows us that the initial selling pressure has been overcome by buyers, which means that more buyers have come in and demand is increasing.
■ Price Structure
The Hammer Candle has a short body at the top and a long tail at the bottom.
The tail below should be at least twice as long as the body. It's fine if the mentioned tail above is smaller than or equal to the body.
Entry and Stop-Loss 📉
(Illustration showing the formation of the Hammer Candle and the position for entry and stop-loss)
After the Hammer Candle forms, when the next candle crosses above the high of the Hammer Candle, we need to take an entry point and place a stop-loss order at the low price of the Hammer Candle.