Learn how to enhance your crypto research using ChatGPT 4, the premium version. It has the advantage of browsing the internet, what the free version doesn't have.
In this article we will discover how to utilize ChatGPT to review crypto protocols, analyze tokenomics, assess valuations, and make better investment decisions.
These involves the following steps:
Summarizing New Projects
Leverage ChatGPT's powerful summarization feature to extract key insights from complex texts li
LayerZero, a groundbreaking project in the blockchain space, recently concluded a successful funding round, raising an impressive $120 million at a valuation of $3 billion. This achievement has triggered speculations about an upcoming airdrop. In this article, we will delve into LayerZero's technology and ecosystem, and guide you on how to enhance your chances of qualifying for this exciting opportunity. But first, let's understand what LayerZero is all about.
1. Overcome fear by consistently executing your trading systems, even when uncertainty looms. For example, if your system signalled a trade, take it without hesitation instead of letting fear paralyse you.
2. Combat greed by adhering to your risk management plan. For instance, if your plan dictates not risking more than 2% of your capital on a single trade, stick to that rule instead of getting greedy and risking too much.
3. Conquer anger and revenge by adopting a probabilistic mindset. Rather than dwelling on a losing trade, focus on the next opportunity, knowing that losses are an inherent part of trading.
4. Chase away anger and revenge by staying focused on your long-term financial goals. Even on tough trading days, deep your vision fixed on building Wealth Over Time
5. Defeat self-doubt by putting in the hard work. Instead of questioning your abilities, channel that energy into improving your trading skills through learning and practice.
šøš» BTC-friendly El Salvador President Naib Bukele wins re-election.
šŗšø Fed Chairman Jerome Powell says the U.S. is on an "unsustainable fiscal path" as debt burdens rise. šµ The Fed needs "more confidence" in the US economy before it can start cutting rates.
šø Glassnode: Around 510,000 ETH has been withdrawn from crypto exchanges in the past 3 weeks, which may indicate that ETH holders are serious.
āļø BlackRock has increased the stake on its balance sheet to 72,466 BTC for its spot BTC-ETF.
š¤ US Federal Reserve Chairman Jerome Powell said that:
The Fed may wait until March before cutting interest rates to ensure that the 2% inflation target is sustained.
The Fed is expected to cut interest rates three times this year and the pace of interest rate cuts may be much slower than the market expects.
Powell reiterated that neither he nor his colleagues will succumb to political pressure in this presidential election year.
The price of Bitcoin has generally held its ground in the market. The #bitcoin exchange rate was trading at $28,478 and experienced a 0.46% decline in the last 24 hours.
Bitcoin's outlook remains moderately positive. However, there has been a notable 4% increase in the Bitcoin price over the past week.
#Ethereum (ETH) has declined by 1.05%. The total market capitalization of the cryptocurrency market has reached $1.08 trillion.
The Fear and Greed Index is at 50, signaling a state of neutrality in the market.