I am thrilled to share my journey with you! It has been an honor to witness and be a part of the tremendous development in the cryptocurrency market. My eight years of experience in the crypto space has given me valuable insights and expertise that I am delighted to share with others.
In early 2015, I got to know about bitcoin when the value of bitcoin (BTC) fluctuated between approximately $200 to $500 USD. The price of bitcoin started the year around $313 USD and ended the year at around $430 USD.
In 2015, blockchain technology was still in its early stages of development and adoption, the potential of blockchain technology beyond cryptocurrency was not yet widely recognized.
At that time, most blockchain projects were focused on building decentralized financial applications, such as payment processing, escrow services and remittances. The idea of using blockchain technology for other industries and use cases was still in its infancy.
As part of the advantages of being early, I made lot of money as a merchant doing what is known as Over-the-counter (OTC) trading, this involves direct trades between two parties without the use of an exchange. OTC trading was particularly popular in the early days of cryptocurrency, when liquidity was low and exchange options were limited. OTC trading allows for larger trades and greater privacy, but it can also carry higher risks and fees.
Also make money as an escrow, when I created a WhatsApp group where I provided a way for buyers and sellers to trade safely and securely without having to trust each other, while I charge a fee for my eacrow service. In many occasions I also onboard new users to know more about bitcoin and its accompanying investment opportunities. At the long run, the use of escrow services in cryptocurrency transactions was becoming more popular, particularly in peer-to-peer transactions. This was partly due to the rise of decentralized exchanges (DEXs), which allowed users to trade cryptocurrencies directly with each other without the need for intermediaries.
Its quite a great memory to behold, knowing that the cryptocurrency market has evolved significantly since 2015, with new methods of trading and investment opportunities emerging over time. While spot trading remains the most common method of trading, the rise of decentralized exchanges, derivatives trading, NFTs, and DeFi have all contributed to a more diverse and complex cryptocurrency market.
For Instance;
1. Early days (2015-2016): In the early days of cryptocurrency, trading was mainly done through centralized exchanges. Spot trading was the most common method, and OTC trading was also popular for larger trades.
2. ICO boom (2017): The Initial Coin Offering (ICO) boom of 2017 saw many new cryptocurrencies emerge, and many of these projects raised funds through ICOs. ICOs allowed investors to buy tokens that represented a stake in the project before it was launched, with the hope of making a profit when the project was successful.
3. Decentralized exchanges (2017-2018): Decentralized exchanges (DEXs) emerged in 2017-2018, offering a new way to trade cryptocurrencies without relying on centralized exchanges. DEXs allow users to trade cryptocurrencies directly with each other using smart contracts.
4. Bear market (2018-2019): The cryptocurrency market experienced a significant downturn in 2018-2019, with many cryptocurrencies losing value. During this time, trading volume decreased, and many exchanges shut down due to lack of profitability.
5. Derivatives and institutional trading (2019-2021): In recent years, derivatives trading has become increasingly popular, with options and futures trading available on many exchanges. Institutional trading has also grown, with more institutional investors entering the cryptocurrency market.
6. NFTs and DeFi (2021-present): The rise of NFTs (non-fungible tokens) and DeFi (decentralized finance) in 2021 has created new opportunities for trading and investing in cryptocurrency. NFTs allow for the ownership and trading of unique digital assets, while DeFi allows for decentralized lending, borrowing, and trading of cryptocurrencies and other assets.
However, there were a few notable blockchain projects that emerged in 2015. For example, Ethereum, a blockchain platform that allowed developers to build decentralized applications, launched its first version in July 2015. Other blockchain projects, such as Ripple and Hyperledger, also gained attention for their potential to revolutionize various industries.
And since then till date there are some notable cryptocurrency projects that have emerged, Some are;
Bitcoin Cash (2017-present): Bitcoin Cash is a cryptocurrency that was created as a result of a hard fork from the original Bitcoin blockchain in 2017. Bitcoin Cash was created to address some of the scalability issues of Bitcoin and has larger block sizes, which allows for faster transaction times.
Polkadot (2020-present): Polkadot is a multi-chain platform that allows for interoperability between different blockchain networks. Polkadot was created by Ethereum co-founder Gavin Wood and launched in 2020.
Solana (2017-present): Solana is a high-performance blockchain platform that uses a proof-of-stake consensus mechanism. Solana aims to provide faster transaction times and lower fees than other blockchain platforms and has gained popularity in the DeFi space.
Cardano (2017-present): Cardano is a decentralized blockchain platform that uses a proof-of-stake consensus mechanism. Cardano was created by a team of academics and aims to provide a more secure and sustainable blockchain platform.
Binance is a cryptocurrency exchange that was founded in 2017. It was founded by Changpeng Zhao, who had previously worked for several other cryptocurrency exchanges. Binance quickly gained popularity due to its user-friendly interface, low fees, and extensive selection of cryptocurrencies. Within just a few months of launching, Binance became one of the largest cryptocurrency exchanges in the world by trading volume. Since then, Binance has continued to grow and expand, adding new features and services such as margin trading, futures trading, and staking. Today, Binance is one of the most popular cryptocurrency exchanges and has a significant influence on the cryptocurrency market.
Additionally, it's worth noting that there are so many other blockchain projects and protocols in use today. Each protocol has its own strengths and weaknesses, and is designed to meet specific needs and use cases within the blockchain ecosystem.
While Some have their own dedicated ecosystem, others are built on top of existing ecosystems ranging from Layer1, layers 2 and Layer 3.
Examples are; Polygon, Theta, Algorand, EOS, Cosmos, Avalanche, Uniswap, chainlink, Arbitrum, Sui etc.
This is not an exhaustive list, and there are many other crypto ecosystems out there.
In Conclusion,
It's quite a great privilege that my experience and consistency as brought me thus far to becoming a Key Opinion Leader (KOL) and content creator on Binance feed, the best CEX platform in the world, and I have had the incredible opportunity to engage with the vibrant community of crypto enthusiasts and share my knowledge with them. The journey has been both challenging and rewarding, as I work tirelessly to #keepbuilding and support Binance in its quest for the adoption of crypto and blockchain technology at large.
It is an exciting time to be in the cryptocurrency market, and I am thrilled to be part of a community that is constantly innovating and pushing the boundaries. I cannot wait to see what the future holds as we continue to advance this fascinating industry!
A-Z Guide to Navigate the crypto/NFT Space as a Pro
Are you feeling overwhelmed by the amount of Crypto and NFT terminology being thrown around in the crypto space? Fear not! Here's a comprehensive A-Z guide to help you navigate the world of NFTs like a pro.
A is for "Probably nothing". This term is used ironically to suggest that something is actually important. For example, "That new NFT collection just hit No.1 in trading volume on OpenSea. Probably nothing."
P is for "Pumping". This term refers to the rapid increase in price or value of a token or digital asset.
D is for "DOXXED". When the identity of an NFT team member, developer, or creator is public, known, or verifiable, they are considered "DOXXED".
R is for "RUGPULL". This term is used to describe a scam where the team behind a seemingly legitimate NFT project disappears with all the money raised immediately after launch, leaving buyers with worthless NFTs or tokens.
Rekt, slang for "wrecked", is a term commonly used in the online gaming community to describe someone or something that has been totally destroyed. In the crypto space, getting "rekt" often means experiencing severe financial loss due to bad investment decisions.
Right Click Save As is an ironic expression used by non-believers in NFTs who believe that digital artwork can be easily attained on the internet through right-clicking and saving an image.
S is for "Snipe", which refers to getting a great deal, such as quickly buying an undervalued NFT before someone else, or before the floor price rises.
WAGMI stands for "We're all going to make it", a phrase that expresses optimism about the future of NFTs and cryptocurrency.
Wen is a silly misspelling that's used ironically by NFT and crypto communities, often in the context of "Wen moon?", which loosely translates to "When will the price of this asset rise exponentially?"
YOLO, an acronym for "You only live once", expresses the idea that one should enjoy the present moment without worrying about the future or consequences.
Others are;
GVO: Good Vibes Only
WAGMI: We Are Going To Make It
NGMI: Not Going To Make It
LFG: Let's F*ing Go!
ļøWL: White List
ļøGM/GN: Good Morning/Night
ļøDM/PM/DC: Direct Message/Private Message/Discord
ļø AMA: Ask me anything
PFP: Profile Picture
FUD: Fear, Uncertainty, Doubt
IRL: In Real Life
DYOR: Do Your Own Research
IYKYK: If You Know, You Know
ļøLG: Let's Go
ļøDW: Donāt Worry
ļøGZ: Congratulation
OG: Outstanding guy / Original Gangster
SZN: Season
FOMO: The Fear of Missing Out
GMI: Gonna Make it
TBH: To be honest
ļøTBA: To be announced
FOMO: Fear of missing out
ļøYOLO: You only live once
ļøNFA: Not Financial Advice
IDK: I donāt know
Airdrop : A new NFT or tokens dropped into your wallet for free.
Degen : Degenerate. People who do not research and take high risks.
Alpha : Information that the rest of the market has not found about it yet.
Delist : Cancel the listing of an NFT for sale.
DYOR : Do your own research.
AMA : Ask me anything.
Dev : Developers. People behind a project.
Flip : Buy NFTs at low prices and sell them quickly for profit.
Ape in : Rush into buying an NFT.
Diamond hands : People who holds their NFTs long-term.
Floor price (FP) : The lowest price which you can buy an NFT.
Blue chip : A project that will retain high value well into the future.
Dox : People who publicly reveal their identity.
Floor sweeping : The action of buying a large number of the cheapest NFTs listed to raises the floor price.
FOMO : Fear of missing out. People who rush into buying.
P2E : Play to earn games.
FUD : Fear. Uncertainty and doubt.
Mint : Buy a completely new NFT from the creator.
Paper hands : People who panic sell.
Gas fee : The fee needed to make a transaction on a blockchain.
OG : People who support a project since the beginning
$BTC has broken above the previous resistance zone, a bullish signal. Itās now retested that level as support and bounced, showing strength. If this support holds, Iām eyeing a potential move toward the $110Kā$110.5K resistance area. #bitcoin #BinanceAlphaAlert #BTC
šØ Major Institutional Takeover in $BTC Holdings šØ
Latest data from Glassnode and Gemini reveals that 31% of all #bitcoin is now in the hands of governments and institutions, a strong indicator of accelerating institutional adoption.
This shift represents a significant change in #BTC ownership trends, highlighting how sovereigns and major entities are accumulating aggressively in anticipation of Bitcoin's long-term value and dominance
#bitcoin is currently showing mixed signals, struggling to secure a close above the $110,000 resistance zone, where it continues to face rejection. For now, the key support level remains around the $107,500 mark. A decisive breakout above $110,000 could indicate bullish momentum, but until then, the price remains range-bound.
My Sentiment: The market appears uncertain, with no clear breakout yet. Traders should remain cautious and watch for a confirmed move above $110K or $BTC breakdown below $107.5K before taking any aggressive positions. This is a wait-and-see moment, ideal for short-term scalping or staying on the sidelines until a clearer trend emerges.
#bitcoin recent price action shows a clear pause in momentum after reaching a new all-time high, suggesting the market is at a critical decision point. The sideways movement indicates indecision among traders, and unless #BTC can hold and build above the $110,000 level, we might see a healthy retracement toward the $109,000 zone or lower.
Personally, I see this consolidation as a natural and even healthy phase in a strong bull cycle. After such a powerful run, some cooling off is expected. If $BTC holds key support and sentiment remains bullish, this dip could offer a solid entry for long-term believers. $
#Bitcoin once again attempted to break above the critical resistance zone at $105,000, but the price was firmly rejected, signaling the continued presence of strong selling pressure at this level. This area has now been tested multiple times, reinforcing its significance as a psychological and technical barrier.
Despite a backdrop of positive fundamental news, the market has not responded with sustained buying momentum. This suggests that bullish sentiment is weakening, or that buyers are being cautious, possibly waiting for a deeper pullback or clearer signals before re-entering the market.
The repeated rejection at $105,000 also hints at a possible short-term distribution phase, where large holders may be offloading positions. Until #BTC can confidently break and close above this level with strong volume and follow-through, the risk of a pullback or range-bound consolidation remains high.
In summary, while the macro outlook might still support a bullish trend in the long term, the current price action reflects a market that is struggling to find momentum, and $105,000 remains a key resistance to watch in the days ahead. #TradeStories #BTCTrade $BTC
#bitcoin faced notable resistance around the $105,000 mark, which triggered a wave of profit-taking and aggressive sell-offs. This level acted as a psychological and technical ceiling for the recent bullish rally. The rejection from this zone has led to a sharp retracement, reflecting increased caution among market participants.
Currently, $100,000 is serving as a critical support level. This zone has held up well in the past as a pivot point, but this time, sentiment appears fragile. A clean break below $100,000, especially with high volume, could open the floodgates for intensified selling, potentially dragging Btc toward $96,000ā$93,000 support zones.
Unless BTC quickly reclaims and holds above $102,500, I expect further downside pressure #TradeStrories #BTCTrade $BTC
#bitcoin has broken out bullishly from a rising wedge pattern, confirming strength with a solid daily candle close. This breakout sets the stage for a continued rally as the market eyes the $98,450ā$100,000 zone.
Weāre seeing a clear bullish structure supported by on-chain activity and price action. With news-driven clarity expected, market conditions favor the bulls ā but volatility near major psychological levels like $100K is likely.
Critical Hold Zone: Above $95,500 to keep bullish momentum alive
Trade Strategy Bias: Bullish
Entry Zone (on pullback): $95.8K ā $96.2K
Short-Term Target: $98.5K ā $100K
Stop Loss (SL): Below $95,000
Take Profit (TP): $99K ā $100K
Caution: The $100K level could bring increased volatility and possible rejection. Trade with discipline and avoid FOMO.
Conclusion: $BTC is currently showing strength with bullish price action and clear targets. If price holds above $95.5K, we could see continuation toward the $98.5Kā$100K zone soon. Ideal play is to buy the dip with tight stop-losses and scale out profits as we approach key resistance #TradingSignals
#pengu has successfully broken above its key resistance zone and is now trading above it, signaling bullish momentum. A potential pullback toward this former resistance, now acting as support, could present a solid opportunity to enter long positions. If the price consolidates and holds this zone, we may see a continuation of the upward trend following accumulation.
- New Support Zone: $0.009000 ā $0.009570 - Next Resistance Target: $0.0134 ā $0.0142
Bitcoin continues to respect its key support zone despite the low overnight volatility, indicating a market in wait-and-see mode. Price action remains muted, with traders likely eyeing the U.S. equities open or upcoming macroeconomic data for directional clarity.
Technically, #BTCā is still trading within a rising wedge pattern, a formation that typically suggests weakening momentum. Each approach toward the $95,000 resistance zone has been met with strong rejection, reflecting minimal buying pressure at higher levels.
If this pattern breaks to the downside, traders should be prepared for a swift drop toward the $90,000 zone, which aligns with the wedgeās projected target and historical demand.
Summary: Market is indecisive, awaiting a trigger
Rising wedge still intact, momentum fading
Watch for rejection around $95K or a breakdown to $90K
Patience and tight risk management are key right now āÆāÆāÆ #BİNANCE āÆāÆāÆ #tradingtips $BTC
Market Sentiment: Neutral-Bullish ā #bitcoin is holding above key support, but volume is light ahead of U.S. market open.
Key Levels (BTC/USDT):
Support: $62,800 ā $63,200
Resistance: $64,500 ā $65,000
Pivot zone: $63,800
$BTC Trade Setup Idea (Short-Term):
Entry: $63,300 ā $63,500
Take Profit: $64,800
Stop Loss: $62,700
Risk/Reward: 1:2+
More also, You can Wait for a breakout above $65,000 to confirm bullish continuation. #BTCā is respecting its short-term support zone, but a break below $62,800 could invite sell pressure. U.S. market open may bring volatility, stay alert.
Technical Outlook: $TAI has formed a Bullish Broadening Wedge, a strong continuation pattern indicating potential upside momentum. The price has reached a key weekly support zone, signaling a high-probability reversal setup. With bullish confirmation, the next leg up could drive a 500% rally.
Market Insights: š¹ Recently featured at Google GDC as the only Solana AI crypto project. š¹ Officially accepted into the NVIDIA Inception Program. š¹ The only AI project backed by Solana, adding strong fundamental support.
#BTC is forming a bull flag on the lower timeframes, signaling potential continuation. It's currently testing a key support zone, and a bounce from here could present a solid long opportunity.
šÆ Entry: On confirmation of a bounce š» Stop-loss: Below $85,000 š Target: Higher breakout levels
Keep an eye on volume and momentum for confirmation!. #cryptotrading
#Bitcoin is displaying mixed signals without a clear trend. With today's #FOMC meeting on rate cuts, we could see heightened market volatility. The local Support is at $80,000 after breaking the $83,000 support and resistance levels remain unchanged. #BTC
#bitcoin encountered a strong rejection at the $92,200ā$92,600 resistance zone, leading to a sharp price drop. This decline followed the U.S. government's announcement that it would not be acquiring #btc for its strategic reserve.
Now, all eyes are on the $89,500ā$90,000 resistance, breaking above could spark bullish momentum. On the downside, key support lies between $83,200 and $83,800.
š Revolutionizing DeFi Marketplaces with SaaSGoā
Say goodbye to coding barriers! SaaSGo is transforming how individuals and organizations build decentralized app (DApp) marketplaces. With its *code-free DeFi DEX Builder, you can launch custom marketplaces packed with features like: ā Farming & staking for rewards ā Tailored governance protocols ā Adjustable transaction fees, stake-pool interest rates, and referral programs
Itās the ultimate toolkit for creating thriving DeFi ecosystems aligned with your unique community goals.
* š Exciting Newsā The $SAAS token officially launches on December 20 at 07:00 UTC. This is your chance to be part of a groundbreaking DeFi revolution. Will you grab it?
š This is worth exploring also DYORš” check more details on X
#bitcoināļø recently tested the support zone on lower timeframes and rebounded. The price is currently hovering near the $100,000 mark, and we could witness more sideways action as the weekend progresses. #BTCā $BTC
Following a notable price surge, #Bitcoin has retraced back to a key support level and is showing resilience in this areaāa promising sign for potential stability. We might see some consolidation around this support zone before the next significant move. Brace for heightened volatility in the days ahead. #BTCā #crypto #TechnicalAnalysis
As #Bitcoin broke above the local resistance level, it encountered strong selling pressure, as indicated by a wick signaling price rejection. We might see another retest of this resistance zone, so let's keep an eye on how the price reaction #BTC #Binance #TradingTips"