Just a regular crypto user, sharing my honest opinion on topics that are trending. I teach and guide on digital wealth creation and mastering the digital world
According to CryptoQuant, on chain data reveals that $BTC speculators have insured more than $100 million in realized losses over the past six weeks.
Short terms holders, specifically those who purchased BTC within the last one to three months, bore the burnt of the losses, as they capitulated amidst a 30% decline in BTC price from its mid January high.
$BTC as an Investment: More Than Just Currency
Bitcoin is becoming an essential component of investment portfolios, providing unique diversification opportunities. Here's why:
✓ Investability. With daily trading volumes surpassing $1 billion, Bitcoin offers impressive liquidity and is accessible to investors gl Dally.
✔ Political-Economic Profile. Bitcoin operates independently of governments and central bunks, giving it value as a self-sustaining digital asset managed by a decentralized network.
✓ Correlation of Returns. Bitcoin is largely uncorrelated with traditional assets, making it a valuable tool for diversifying portfolios and mitigating risk.
Risk-Reward Profile. Bitcoin presents a favorable risk-to-reward ratio compared to other assets, making it an appealing choice for long-term investment.
As Bitcoin matures, it's increasingly becoming a cornerstone of modern investment strategies and could change the landscape of finance. #BitcoinBounceBack
The week kicked off with a dump, led by traditional equities, with the sell off continuing after the weekend as the bulls failed to take control of the market. The end of the week saw slightly better performance, with better supporting macroeconomic data, although price action remains lackluster. Total crypto market cap fell more than 10% this week, from $3.048T to $2.739T.
Bitcoin ($BTC ) finished the week down 5.16%, while Ethereum ($ETH ) performed much worse, closing at 11.52% down from the week before. Daily liquidations spiked early in the week with the majority of the week’s liquidations occurring on Sunday and Monday. A total of $1.1B in longs were liquidated over these two days, with only approximately another $500M in longs taken out over the remainder of the week. Funding rates continue to show little to no life, with most continuing to chop within the 0-10% range, with some even falling negative, indicating a risk-off approach in general.
if you have linked your Facebook to it, try logging in with it and see
Murtaza Saeed
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Suddenly, my Pi Network application crashed. I uninstalled and then reinstalled it. Now, when I try to log in, it only gives me the option to create a new account with a new username. I tried all my numbers, but I cannot recover or log in to my old account. It keeps prompting me to create a new account.
What should I do? How can I recover my old Pi Network account?
For past 24h in the cryptocurrency world , $BTC has had a steady decline in price. there is a prediction of the price hitting $75k before rebounding back.
Meanwhile $PI coin on the other hand has seen a steady rise, currently trading at $1.5
Considering this, I will say $PI is the future that we are waiting for.
This is the right time to buy most of the coins like $BTC ,$ETH , among the rest at the dip price and hold.
Being part of $PI network for almost five years, have realized that $PI is the only crypto that is inclusive of all calibre of people. The network took time to put almost all the necessary conditions in their right places before launching to mainnet, boosting the confidence of those who use it that it's a long and forever ♾️ term project that might take over our every day buying and selling. Am seeing the network fulfilling the one currency trade around the globe. Where there will be no need to make currency exchanges when one wants to buy goods from other countries. The new USD is $PI which has more possibilities in the future 😉
Buy $PI now and you will not regret in the future 😉 #PiCoreTeam #PiOnBinance #PiNetworkMainnet
Being part of $PI network for almost five years, have realized that $PI is the only crypto that is inclusive of all calibre of people. The network took time to put almost all the necessary conditions in their right places before launching to mainnet, boosting the confidence of those who use it that it's a long and forever ♾️ term project that might take over our every day buying and selling. Am seeing the network fulfilling the one currency trade around the globe. Where there will be no need to make currency exchanges when one wants to buy goods from other countries. The new USD is $PI which has more possibilities in the future 😉