fox_21

I started trading 4 years ago and became very fond of it. Like everyone else, I wanted to get rich quickly, but not everything turned out as I wanted.
Then I started losing my funds. I started taking out loans, losing large sums, in a word, I began to break down.
Today, I have a loss of about $70,000. I accumulated large debts in order to return these funds, I have open loans in the bank and plus I was fired from my job 😔

#lost #losteverything #LostWallet

#BTCUSDT #REVIEW
Over the past 24 hours, the price has been going according to plan from the previous review.

Market capitalization is 3.17 trillion, dominance index is 60.94%.
Fear and greed index is 50 (Neutral).

Yesterday, the price first removed the shelf from liquidity at 94713, and then went to test the manipulation zone from where the downward movement is now taking place.

For growth, consolidation above 98478 is needed, which will provoke BTC to move to remove the shelves higher, up to 102543. If this does not happen, the price may continue to smoothly decline lower, down to 91000.
The crypto market has frozen without any pronounced volatility — both BTC and altcoins are in a state of uncertainty. There are no obvious movements yet.

The indices closed in different directions yesterday.
At the close of trading on the New York Stock Exchange, the Dow Jones fell by 0.50%, the SP500 index fell by 0.27%, and the NASDAQ index rose by 0.03%. The dollar index rose by 0.05% to 107.89.

The inflation data came out worse (higher) than expected. Combined with Powell's speech the day before yesterday, this is a negative signal for the market — now the rate cut is only planned for the October Fed meeting. The good news is that the crypto market is not reacting to the negative with a sharp decline.

Have a nice day and peaceful skies everyone!
Take care of yourself and your loved ones!
❤️🇺🇦🙏🏻

#xrp
In the realm of cryptocurrencies, a perplexing forecast has surfaced whereby an aspirational price objective of $10,000 for XRP is generating waves on trading platforms and social media.
With the current price at $2.38, both experienced traders and newbies should find this prognosis very striking.
Do The Figures Add Up?
Let’s get right to the point: this forecast by crypto expert Gen A runs over a basic mathematical obstacle. XRP’s market capitalization would explode to an amazing $1 quadrillion at $10,000 per coin. This is nine times more than the entire global stock market, which by the end of 2023 was valued at $111 trillion.

When one considers the nearly $2 trillion market cap of Bitcoin, the absolute absurdity of this situation becomes even clearer.

Can XRP Reach $10,000?
The Ultimate Breakdown of a Crypto Dream
🔸Why Do Some Believe XRP Can Hit $10,000?
🔸What Would It Take for XRP to Reach $10,000?
🔸What Are the Experts Saying?
🔸Final Verdict: Can XRP Hit $10,000? pic.twitter.com/Fftmqgdbx7

The Reasoning For International Payments
With supporters citing SWIFT’s daily transaction volume of $5 trillion as evidence for the great valuation, the optimistic projection by Gen A mostly relies on XRP’s part in international money transfers.
But this kind of mindset shows a critical misreading of market dynamics. The value of transactions conducted over a network has little bearing on the necessary market capitalization of its native coin. It’s like arguing a delivery truck should be valued as much as every box it carries.

What Might Really Motivate XRP’s Development?
XRP does have real growth triggers worth thinking about, even with the fanciful $10,000 per unit price projection. While the platform’s capabilities for real-world asset tokenization offers actual possibilities, the much-anticipated conclusion of Ripple’s litigation by the US Securities and Exchange Commission could open institutional adoption.
With each transaction, the built-in burn mechanism of the token destroys tiny quantities of XRP, therefore producing natural scarcity over time. Moreover, sources indicate the US government is assessing XRP for inclusion into a potential digital asset reserve
#Xrp🔥🔥 #XRPHACKED #XRPGoal

An Earthly Viewpoint
Though fantasies of turning $1,000 into $4.2 million via a 420,068% price increase grab attention, they eventually take focus away from XRP’s actual potential.
The potential of the cryptocurrency to act as a bridge currency and enable speedier, less expensive cross-border transactions defines its actual value proposition.
Why Do Some Believe XRP Can Hit $10,000?The belief in a $10,000 XRP is largely based on its utility in global finance. Unlike speculative coins, XRP is designed to solve real-world problems, especially in cross-border payments. Here are some of the core arguments supporting…— gen A 🔶 (@genAbilsav) February 7, 2025

Less dramatic pricing forecasts and more attention on sensible adoption measures, technical innovations, and regulatory compliance are what the market needs.
In the end, utility has always driven sustainable development in the crypto field instead of speculation.
At the time of writing, XRP was trading at $2.38, down 3.0% in the daily timeframe, but sustained a 6.6% run in the weekly.

This approach is called 'hedging' and implies buying and selling an asset at the same price at one moment. The trader gets two open trades, but at the same time must be twice as careful.

0. A clear strategy for an unclear strategy.
If you do not understand the market, use a hedging strategy, however, to trade a hedging strategy, you need to clearly understand the market. An oxymoron. This is the main problem of the method. In the chart, I consider setups (1) and (2) as an example. These are erroneous positions containing typical mistakes. But with hedging, mistakes and lack of experience are multiplied by two.