Whenever the price of Bitcoin drops, there are always reasons or news to justify the price movement (Damn, I was busy with work and didn’t pay attention to the market, waking up at 3 AM and almost cried when I saw my account drop shockingly, all those weeks of price increases gone in a few hours of market crash, what a scam). Here are 02 reasons from two different perspectives explaining the SHOCK PRICE DROP LAST NIGHT: According to my personal perspective and the disgruntled friends 😄:
In fact, the price of each Bitcoin (73,000 USD) ~ 1.8 billion VND is still not terrible, even if Bit reaches 5 billion VND in the near future, it is not something far away. Basically, those who trade 5 billion, 10 billion and 100, 200 billion VND are mainly money in the form of stocks and digital currencies. You buy and sell goods, transact through the Bank, through bank transfer, money from the bank will be transferred from one person to another after a few syntaxes and ending with the sound "ting!!!". An easy-to-understand example: There are people who own 100 billion VND or more, not because they keep 100 billion VND in cash in their house (where can they get so much cash to stuff it, and where to put it?) but 100 billion VND. That billion is mainly deposited in banks, securities, in the form of digital money... Therefore, Bitcoin does not need to be touched or smelled because it is just like digital money, it has value because it is Community trust, decentralization, convenient cross-border transactions, no inflation... that's it. So if you hold BTC or ETH, just hold to die. Don't worry about any losses. Maybe it's just a temporary loss. Surely Bitcoin will continue to break its peak. In the near future, I will write an article to help F0 people understand what Bitcoin is, what are the characteristics of this market, what is the risk of being scammed, and quote some famous historical scammers in the cryptocurrency market. chemistry! Pay attention and read until you're shocked! #hotTrends #BTC #altcoinseason #news #Write2Earn $BTC
An infinitely supplied project, unlocked periodically, with prices decreasing and continuously falling. However, there's always a shout-out, advertising this as the best blockchain project from Japan, trusted by many companies and organizations. I advise everyone not to buy the token $ASTR because this is a scam project, a fraudulent scheme by some old Japanese men. These Japanese guys are just playing tricks. Avoid the scam projects from Japan for life! A bunch of bloodsuckers, using the Japan label!
💥 Why I say DeFi is a groundbreaking achievement of humanity (even though playing Crypto now feels like gambling, everyone is losing their shirts). Take the example of sending money across borders nowadays (it's incredibly expensive):
Imagine: Some folks going abroad for work, struggling like hell, save up 200 dollars to send back to Tanzania and it costs them 115 dollars in fees. If they send it to Turkey, it costs 53 dollars…
The reason: Banks control the flow of money and charge arbitrary fees. It's slow, costly, and against ordinary people.
However, if these folks have ever used Ethereum L2 or Solana… then when converting fiat money to stablecoins (USDT, USDC…) they can send a lot of money in just a few seconds with nearly zero cost.
That’s why decentralized finance on the blockchain, DeFi, has emerged and as a result, central banks around the world have become “lazy”, which is why in the early days it was ruthlessly suppressed. But it was during that time that early crypto enthusiasts like me benefited because there were fewer Ponzi schemes, scams, and fewer false promises. Now, however, it’s a different story, with so many false promise projects, tech coins, big coins, top coins that they are just scamming people clean. Investment only leads to losses, losses, and more losses. And the early memes that no one invested in are now soaring. That’s why playing crypto now feels really risky. Damn those market makers are getting greedier, draining the blood of the community!
This is the Altcoin season for you all, parents. Well, let's wait for the next season, if you make a profit, cash out and stand aside to observe the market. If necessary, wait for the next season to play. Right now, cash is king, you should invest in other things for safety. Diving into holding Crypto at this moment is essentially gambling, playing the lottery, just throwing money out the window! #BinanceAlphaAlert #btc $CAKE #bnb $ASTR $SCR
A few idiots keep warning all day about the upcoming Altcoin Season. Damn you all, how many newbie investors have you led to the slaughter? In a few days, if Bitcoin sneezes, Altcoins will continue to split 5 or 10 times, and then everyone will sit there talking about the Altcoin Season. In reality, it's completely normal for Altcoins to have split 10 to 15 times from 2022 until now. So even if it has increased 10x or 15x now, it can’t really be called an Altcoin Season. In general, it’s a disaster for those who have held since 2022. To be frank, instead of pushing an old coin project, they are leading people to invest in new projects which are even worse!
By the way, let me ask, are there any elderly folks who have been led by people in the East like Hoàng Minh Thiện to buy C98? If so, since 2022, you must be out of tears by now haha. If it has split dozens of times, you might as well request to relocate to an island permanently, because it’s impossible to return to the shore like this 😅😅😅😅😅😅😅😅😅😅 #bitcoin #BTC #Altcoin $CAKE $ASTR $SCR
Just as I analyzed earlier, damn it, I'm never wrong; it's just the trick of shearing the sheep. When BTC breaks the ATH, Altcoin doesn't rise, but when BTC drops, Altcoin crashes hard. I don't know when or if there will ever be an Altcoin Season like in the past? Now many funds and organizations have jumped in to tear apart the Crypto pie, so the market makers can no longer freely push or herd the sheep as they please. Well, the day of return for 95% of the brothers holding Spot, DCA Spot is no longer. Congratulations to you comrades who will gain citizenship on the island 🤣🤣🤣
Back in 2021, the exchange list was quite noisy; at that time, I had just started playing Crypto for a while. Damn, luckily my perspective from the beginning was to avoid Eastern goods, so I didn't participate. Look at the monthly candlestick of C98, I repeat, it's the MONTHLY candlestick, not the hourly, daily, or weekly ones; damn, it split like crazy; looking at it was terrifying. What the hell, it's all projects of the Vietnamese team luring Vietnamese people and then using the money to go out with girls and buy supercars. Damn, that guy Hoàng Minh Thiện with the slogan “Hello, I am Hoàng Minh Thiện - I come from Trade Coin Vietnam” lured so many newbie investors; at that time, there were a lot of newbies because during that season, it was very normal for newbies to make billions from Crypto. In the end, whatever the house game gave back, they had to throw it all up + sell their houses because they thought it was easy money like before - those capitalists are extremely cunning. I had a friend who leveraged AXS during that season; he kept placing orders from work until he got home and earned tens of millions, even hundreds of millions; in the end, after a while, he lost everything and had to borrow money to pay debts. Thinking he had struck gold, but in the end, not only did he lose but also sold all his assets to pay off those sharks. So anyone who jumps into the Crypto market at the right uptrend as a newbie will sooner or later lose everything, even end up with nothing left!
Damn, saying that makes me realize how awful our Vietnamese teams and devs are. It's all about Vietnamese scamming under the guise of enticing victims to invest in cryptocurrency. Just recently, there was a case of that scammer being arrested by Interpol and extradited to Vietnam for stealing 300 million dollars from over 2600 Vietnamese people. Damn those guys, they should be put in a cauldron and roasted alive! Damn you all!
This is the category I hold to die. Damn, I don't even know what to make of it. $CAKE has been off the market for a long time, and I have no idea when the other coins will come back. In general, it's greed; I only play with low-cap coins in an all-in hope for xxx times returns, which is why I'm in this situation. I once went all-in on coin $SOL at a price of $9, and when it went up to $15, I got out of all my holdings (because there was a scandal at that time, so I exited early), and in the end, SOL went up to $295 (x33 times). I was close to becoming a billionaire (but ultimately, due to those low-cap coins, I ended up sharing my account with my great-grandmother).
Well, let's just dream, think of it like playing the lottery. This year, the meme coins have gone against the trend, and no one knows what's going to happen. It's precisely because no one knows that some guys I used to think were incredibly foolish for buying worthless memecoins are now rich beyond belief and laughing at tech coin lovers (the imaginary tech coin) like us who used to call them foolish. So now, I'm also looking forward to the uncertainty of whether there's any point in this; who knows, in 5 months, these ridiculous low-cap coins might bring me back to shore, maybe even double my account 😄😄😄
Now playing Crypto feels just like playing the lottery, all speculative, with poor technical analysis. Playing with leverage can lead to losses, and spot trading is difficult too. It's genuinely tough right now! $ASTR $AI #BinanceAlphaAlert #bitcoin #BTC #cake
Be careful with these bots or these crazy, high, mentally unstable ones.
Brothers and sisters, be careful with these crazy dogs, or you might be stuck in an endless loop. These guys are either new to crypto, high on something, mentally unstable, or bots created by exchanges to create FOMO in the market (especially during times when the market shows signs of short-term price increases). These crazy dogs are normal to long-time players like me; however, in the comments, I still see many newbies believing everything and asking for predictions, asking which token to buy for a x10, x100, x1000… 😁😁😁 THEY ARE TRULY A BUNCH OF BULLS.
Don't see the Altcoin Season, only see pieces of sheep being sheared!
I told you, it's all just psychological manipulation by the exchange's accounts, so there's always some article saying the market is about to enter a booming phase, "this year 2025, the Altcoin Season will explode more than the Altcoin Season of 2021," a guy invests $100 and becomes a billionaire when his account increases to $10,000,000 after buying the token xyz... In reality, nobody is interested in that anymore. Since 2021, those holding Altcoins have only been losing their shirts, while a few have made profits from Spot trading; as for those gambling on Margin, Future trading, they've probably sold half their house and a couple of cars... I've known about the sheep-shearing game of these Market Makers for a long time. Every time Bitcoin rises, Altcoins also rise, and people are afraid of missing out, so they invest as soon as they have money; after Bitcoin corrects, Altcoins drop sharply and people regret it, so they keep DCA-ing; then when Bitcoin rises and Altcoins go up, they sit around waiting to sell and it drops deeper than a woman's skirt, and then they continue DCA-ing to average down. But... no!!!! It doesn't push back up for them to break even; instead, they abandon the project to create a new, bigger, and prettier project to lure people in. The current meme coin projects offer no real benefits, but if there are big players inflating prices, they remain expensive as hell.
It may look like this, but it could crash at any moment. Back when BTC broke its ATH, it was nerve-wracking waiting for BTC to go sideways so that money could flow into Altcoins and explode, it felt amazing. But now it's not, not at all. Now, when BTC breaks its ATH, I'm even more worried; simply because it breaks the Altcoin peak that can't increase much, but it only needs to slightly withdraw or go sideways for Altcoins to crash completely, even probing for new lows. This means the rules of the game have completely changed, now it's not just Bitcoin rising that makes Altcoins soar anymore. There have been times when I thought the market makers were making players frustrated before pushing prices up. But in reality, players have been frustrated for a long time, but they can't push it up. Now 99.99% of Altcoins no longer have the ability to return to their old peaks. The unfortunate thing is that the old peak is often when new tokens are listed on the exchange - which means that from the moment you buy the token, you are already losing money and guaranteed to be at a loss. The teams and developers have no reason to push the price up by 10x or 20x so that you can break even and dump the tokens in their faces. They have left; they are playing with their cards face up, and they are holding tens of millions of dollars (equivalent to thousands of billions of VND) to share among themselves, enjoying life, and then they start another new project with grand expectations of being the best in the world.
In summary, if you're happy, enjoy it while you can, because in a few days Bitcoin will adjust, and Altcoins will probe for new lows, then we'll continue the DCA program, chasing peaks and waiting for some distant day when the market makers take pity on us and help us break even :) #BinanceAlphaAlert #Binance #bitcoin #eth #Cake $CAKE $SCR $ASTR
The perfect trick of shearing the sheep by sharks for generations. Bitcoin rises a bit then Altcoins plummet, after that Bitcoin rises again and Altcoins turn green, making people fear they will miss the price increase cycle and fomo into buying; when they buy in, the price drops again (this time Altcoins drop even deeper); then Bitcoin continues to rise again, Altcoins increase by 20, 30% and people rush to DCA, enter trades and the price drops significantly... thus a group of latecomers is born. And finally, the Altcoins can no longer recover due to being divided too many times; at this point, the team and developers won’t be foolish enough to push the Altcoin price back to its peak, instead, they will work on new projects to quickly lure in new investors. If you pay attention, you will see that I am right, the Altcoins newly listed on exchanges about 2 years ago will almost never have the chance to return to their old peaks. Therefore, when new tokens are listed on exchanges (including Binance), anyone who jumps in to buy immediately should expect to lose 5 - 10 times, and I can confirm that 90% of those coins will never help you recover the money you spent to buy their tokens. Sorry 😀😀😀
Crypto now is simply just a gambling game. Being lucky is more important than being wise. Buying Meme coins can make you rich, while buying Techcoins can lead to huge losses - in contrast to investing in early coins, top coins, techcoins.... #xuantruong #BTC #bnb #ETH
Taking advantage of the market decline, the future uptrend is still uncertain, can anyone name the projects where you have earned the most? I'll go first: Playing the MAGA lottery ticket, x20 times! #Write2Earn #btc #bnb $BTC $ETH $BNB
As long as there is breath, there is a chance, keep going. Even with nothing left, we still play. Wishing everyone a strong start to the month, soft feet on solid ground, and a quick return to shore, xx account, cry less! Take advantage of the weekend to submit assignments, make a few snapshots for a brighter life. The market hasn't been able to uptrend yet, so don't get your hopes up. #Write2Earn #bnb #BTC $BTC $BNB $SOL
Well, now there's just nothing left. Roaming around a basic round, I see that most of the lows are a few thousand, a few hundred dollars is a common occurrence. There are people who put in 500 million, trying to catch the bottom with leverage and end up losing a few hundred million in one day. But the worst may be those who listen to KOLs, going all-in with DCA, entering trades using their property, family, and friends to pledge. Perhaps their lives will also go away after this deep adjustment of Bitcoin. I've mentioned it many times already, don't listen to KOLs, just play with spare money and don’t go all in on anything. You trust people too much, just keep insisting that the cycle repeats, and that the Altcoin Season will explode in 2025. Where’s the money? Who is providing liquidity for you to expect an Altcoin Season? Now the exchanges have eaten it all up, so you sit there and cry; it will be a long, long time before you might recover after this fall (recovery means you work to earn money to pay off debts, not that coins will recover for you). If you're holding Bitcoin or ETH, you still have a chance, but with Altcoins, you might be lucky to salvage something, just don't get your hopes up first!
The fear has reached a peak level, equivalent to the fear and greed index during the Covid 2019 Wuhan season. Damn, you market makers keep playing like this for a few days, the gamblers will realize that out of 100 players, all 100 will burn their money on the exchange, and they will stop playing, completely boycotting Crypto. I will say straight to you that now those who play crypto all know who is behind it, all know that the FUD is created by you and then you blame the market crash or rise on the FUD. It’s nonsense, people’s intelligence is high now. If you keep playing like this, no one will dare to even bring their last cent to burn for you. Let’s boycott damn crypto, brothers! #btc #Binance #Write2Earn $BTC $BNB $XRP
I've heard that many Kols are advising traders and holders to actively DCA (Dollar Cost Average) into BTC and Altcoins at this time to prepare for a historic Altcoin season in 2025. The market is down, so actively DCA and get in there. Soon, Kols say that if you still have any cash left, keep selling it off to buy in. So, there will be nothing left at all.
I used to think it was just the margin and futures guys who were in real trouble, but now even those holding spot are running out of blood. Damn, they always use the excuse of what's happening in America; contradictions, sudden economic supply, geopolitical issues to create FUD that drives Bitcoin prices up and down. Damn those exchanges, they're really sucking the life out of us. Just forget it, investing in a few million while still having hundreds of millions like this, it's better to quit. Haizzz #Write2Earn #btc #Binance #bnb #crypto $BNB $BTC $ETH
Damn, it feels like a 30-minute or 4-hour candle. Mr. Bang and other CEX guys are dumping BTC and ETH, it's crazy shorting. Instead of only big orders draining blood in previous seasons, this year you are wiping out everything, big and small, sweet and bitter. I’ve lost too much faith in your Crypto!
Where is our uptrend, the promise of winter, huh Mr. Bald Bang???!!! #crypto #BTC #bnb $CAKE $ASTR $BNB