š¤ Do you want to make quick profits and double your earnings from crypto? Come on, I'll tell you the secretā šØ
- - - - -
š” The secret: There is no easy profit in the crypto market, or any other market, or in life in general!
And the truthā
The truth is that the market is full of risks and fluctuations, and profit requires š Continuous learning Analysis Patience Avoidance of emotions
š« Beware of scams
Promises of quick money are often a trick and a fraud
Many have lost everything because they believed that crypto was "an easy path to extreme wealth."
š The lesson learned
š Research yourself (DYOR): Don't trust any promise of profit without verification. š Start small: Try with small amounts and learn from your mistakes. š Patience is the key to success: Real profit comes with time.
Halving is a periodic event in cryptocurrencies like Bitcoin, where the mining reward is cut in half. It aims to control the rate of new coin issuance, making the currency scarcer and limiting inflation.
š ļø How does it work?
In Bitcoin, halving occurs every 210,000 blocks (approximately every 4 years), according to the design of Satoshi Nakamoto's protocol.
For example, in May 2020, the reward decreased from 12.5 to 6.25 Bitcoin per block, and in 2024 it decreased to 3.125 Bitcoin.
š§· Why is it important?
1ļøā£ Decreasing supply: As the issuance of new coins decreases, demand increases relatively, which may raise the price.
2ļøā£ Impact on miners: The reduction in reward decreases miners' profits, which may drive some to stop, but this often enhances the network's efficiency.
3ļøā£ Digital scarcity: Since the maximum supply of Bitcoin is 21 million coins, halving extends the time required for mining and makes it scarcer.
4ļøā£ Market effects: Historically, Bitcoin prices have seen significant increases months after halving events (like in 2012, 2016, 2020), but this is not guaranteed due to other market factors.
š Manage your time and invest in continuous learning
In the fast-paced world of cryptocurrencies, time management is key to success! š
š Whether you're a beginner or a professional trader, setting aside time to learn will give you a significant advantage in the market.
š§ How do you manage your time to learn cryptocurrencies?
1ļøā£ Set a fixed daily time: Allocate 30 minutes daily (for example, after Maghrib prayer or before bed) to learn.
2ļøā£ Use lists: Write down 3 weekly learning goals. Our educational posts will guide you step by step! š
3ļøā£ Divide your time wisely: Allocate 15 minutes to read our posts, 10 minutes to apply what you've learned, and 5 minutes to interact with us. š¬
4ļøā£ Take advantage of the weekends: Take an hour on Friday to review the week's lessons.
5ļøā£ Avoid distractions: When learning, don't get distracted and focus on the channel's content. Your time is valuable! š«
šļø Golden Tip:
Make learning crypto a long-term investment. Every minute you spend learning is a step toward becoming a successful investor and trader!
Your support is our fuel to continue delivering the best! Share our posts, interact with us ā¤ļøš„
What is Oracle technology in the world of crypto? š¤
š Smart contracts on the blockchain are powerful, but they face a vulnerability ā
š« They cannot access external world data on their own!
This is where Oracle technology comes in! šļø
An oracle is the bridge that connects the blockchain to the real world, providing smart contracts with external information.
š” A simple example:
Imagine a smart contract programmed to reward you if the price of Bitcoin exceeds $100,000.
But how does the contract know the current price? š¤·āāļø
This is where the hero Oracle intervenes and relays the data from trusted external sources like Binance or CoinMarketCap.
š Uses of Oracles:
ā Fetching currency and stock prices. ā Providing match results for betting contracts. ā Inputting weather data or news. ā Any information outside the blockchain that smart contracts need.
ā In the world of Decentralized Finance (DeFi), Liquidity Pools are a cornerstone of decentralized protocols, such as Uniswap, PancakeSwap, and others.
š¤ But, what exactly are they?
šļø Liquidity Pools are digital reservoirs containing a cryptocurrency pair (such as ETH/USDT), funded by users called "liquidity providers."
šļø These users deposit their coins into the pool in exchange for future profits.
š¤ How They Work!
šļø Instead of a third party such as banks or brokerage firms facilitating trading, decentralized platforms rely on these pools to provide liquidity to users who want to buy or sell cryptocurrencies.
šļø When a trade is executed, the currency is automatically withdrawn from the pool and the price is adjusted according to supply and demand.
ā Why it matters!
āŖļø Enables instant trading without the need for a traditional order book.
āŖļø Provides the opportunity to earn passive income through fee earnings.
āŖļø It represents the cornerstone of many DeFi applications.
š« Warning: Despite the advantages, there are risks such as impermanent loss, so it's important to fully understand before participating.