@Richard Teng says that market fluctuations come and go, but the long-term trend remains strong.
Although my knowledge of this crazy yet fascinating world of cryptocurrencies doesn’t even reach 0.00010% of yours, I completely agree with your post.
For me, volatility is represented by MEME coins, which are totally useless for the rest of us mortals and extremely beneficial only for those who create them and for some of the whales that swim in that ocean, disregarding what the rest of us do.
On the other side, we have the "irreducibles", meaning those that have been around forever: BTC, ETH, BNB, SOL, among others, which despite having those fluctuations that come and go that @Richard Teng talks about, continue to remain strong swimming in the long term and ultimately are a safe investment.
The other coins? Well, there they are available for anyone who wants to make it more appealing to venture into the crypto world, and although they are not free from fluctuations, their journey does not reach such a long term and they end up being retired...
Naturally, this is my opinion, which does not have to be shared by the rest.
Moral: If there is, save for when there isn’t.
Richard Teng
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Volatility is just a speed bump in the long ride of crypto.
Market fluctuations come and go, but the long-term trajectory remains strong.
The industry is evolving, and there's so much more to build. 💪
Lamppost huggers: (in Spanish Abrazafarolas) Word invented by the Spanish sports journalist José Maria García to define those people without their own criteria, excessive flatterers like those who go to the light that shines the most, such as the sycophants. or what is the same, said in a vulgar way, and with all due respect, a bootlicker (in Spanish Lameculos) Normally, the lamppost hugger gives their opinion without knowledge and only to adulate someone. Recently we saw on Binance an army of lamppost huggers praising the great advantages that voting for Donald Trump would have for cryptocurrencies. Some even provided endless statistical data that supported their theories.
And you believe it? Trump only cares about Trump. He has already been paid in advance and if his meme falls now, it's not his problem, it's the problem of those who thought they would get rich buying it.
Four Crypto
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Trump is trying to cause an economic collapse so we can buy cheap and we're complaining 😂😂😂
what a positive surprise to read your post, amidst so much alarmism it is always good for someone to bring a bit of sanity.
JJ107
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I see you very LOW in spirits today.. don’t worry, it will keep falling until the next wave returns.. 🌊
Don't Panic! Today the cryptocurrency market has given us one of those surprises that no one wants to receive: a widespread bearish trend. If you opened Binance hoping to see profits and ended up closing it faster than when you check your bank account after a weekend of partying… don’t worry, you are not alone. From the big ones like Bitcoin (BTC) and Ethereum (ETH) to the smaller ones, many cryptos have plummeted. The reason? It could be a mix of factors: macroeconomic news, unexpected regulations, or simply the classic "someone sold a lot and dragged us all down."
I admit it, I don't like Donald Trump, I don't like his messages and what he represents. But yes, I recognize his role in cryptocurrencies, betting on them With his trust and support... It is just for this last reason that I am very surprised by his last play and I would like those of you who have been in this cryptoworld longer than me to clarify this doubt for me. Why did he launch a memecoin? Why invest in something so unstable instead of something that provides credibility, security and
Since I've been here at Binance, there hasn't been a day when I've seen someone publish fake news or fake information and then 10 or 20 other users making a cut and paste of that same news. But the strangest thing is that those who cut and paste write below that please pay close attention to this news because it is true and the only reason they give to ensure that this information is true is to cite the source and give it the category. from a reliable source. I give an example, imagine that I
I am in line with what they have told you in previous responses. #BNSOL is a value to take into account and is on par with its base currency #SOL.
God of trading
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Bearish
$BNSOL
WHY I SELL IT !
Here’s the detailed information for BNSOL (BNSOL):
Real-time Market Data: BNSOL is a relatively lesser-known token in the cryptocurrency space. As of the latest data, BNSOL is priced at approximately $0.003 USD, with a market capitalization in the range of a few million dollars. It has a circulating supply that plays a significant role in its market dynamics. The price of BNSOL typically shows some fluctuation, responding to market trends, investor sentiment, and developments related to the platform. While it's a smaller coin in terms of market cap, it could see significant growth with future technological advancements or partnerships that drive demand. BNSOL is primarily traded on smaller crypto exchanges, which can contribute to occasional liquidity challenges.
News Sources: Key news sources for BNSOL include crypto news platforms like CoinTelegraph, CoinMarketCap, and CoinGecko, which provide updates on general market trends. Additionally, the BNSOL community maintains active communication on platforms like Twitter, Telegram, and its official website, where they provide regular updates, project news, and important announcements. Engaging with community-driven forums, such as Reddit, offers a closer look at BNSOL's market behavior and user discussions.
Technical Analysis Tools: For BNSOL, technical analysis tools such as Moving Averages (MA) help assess the price trends, identifying potential buy or sell signals. Traders often use Relative Strength Index (RSI) to determine whether the coin is overbought or oversold. Bollinger Bands are also useful for predicting volatility and price range. Volume analysis is key for confirming price movements, while tools like Fibonacci retracement can help determine potential support and resistance levels. The Moving Average Convergence Divergence (MACD) is another important tool to gauge momentum and potential trend reversals.
Where are all those who claimed with the authority they gave themselves, that Solana was going to go up to $500 this month? They said "trust me, I know for sure, I have my sources..." Today Solana is trading at 129 and falling. I don't care, I still believe in Solana and I don't trust "false prophets" The wonderful thing about this crazy and passionate world of cryptocurrencies is that today they go up and tomorrow they go down and NO ONE, I repeat, NO ONE, knows for sure what is going to happen
I am happy and proud to be a Binance user. I have been on 2 other platforms but I ended up transferring everything to Binance and closing the other accounts. But despite being happy here, there is one thing that exhausts and tires me. The amount of fake posts, of people who want to deceive and lie, or scam... Is there any way to put a control on all this? Are you on the same situation as me? Thanks
Terrorism is something that should not exist, we agree on that. We will also agree that we must fight it to eradicate it and ensure that it never exists again. But not everything is worth it... What Israel is doing in Gaza is very serious and inexplicable and borders on extermination... What is the fault of women, children, the elderly...? In my opinion, this is not how terrorism is eradicated, this is how it is promoted and encouraged... If I am a Palestinian child and Israel kills my entire fa
My first time in the crazy and at the same time exciting world of cryptocurrencies was love at first sight. Her name was Solana, and I invested 90% of the amount I had reserved for investment in her. I divided the rest among others.
She didn't disappoint me at all, I bought them for a little over $23.00 and they went up to over $200.
Now its price moves between $143.00 and $157.00, which for some is bad for me because I continue to multiply its value by 6 and therefore I continue to make money.
I constantly read predictions in this forum that assure that it will reach a margin this year between $350, the most pessimistic, and $500, the most optimistic.
Some provide data, studies, graphs, theories, etc..., others just release their prediction without any basis or argument, and the majority copy and paste some of the previous predictions.
Let's be honest, I invest to win, and now I'm doing it, that's why I continue and will continue betting on Solana, whatever the doomsayers say... $SOL
There is a lot of talk about what is going to happen in the exciting world of cryptocurrencies with the arrival of the long-awaited Halving.
Everyone makes their predictions, some of them said coherently and others even make me laugh because of their paranoia....
What everyone does agree on is that it can cause an increase in the prices of some cryptocurrencies.
But today I would like to contribute something to this interesting debate and it is the fact that this Halving will coincide with the fact that ETNs and investment products based on cryptocurrencies will begin to be traded on the London Stock Exchange LSE, as long as they are approved by the UK FCA.
How do you think these two events are going to affect the market?
Will prices rise as if tomorrow never come or will prudence dominate madness and moderation prevail?
The market is going to be bullish, that is clear to me. But will this rise be crazy or moderate?
Yes, I know, and you are right, I am just a beginner compared to the rest of the women and men who, like me, are in this crazy, but exciting world of cryptocurrencies.
But in this, my first year, I've had time to see, with the ease of a rookie, how this works and now it's time to take action.
I started with a simple €100 and invested it in the currency that gave me the most feeling as soon as I saw it, Solana, at that time it was trading at €24, today it is already at 140... well, right?
I appreciate advice from those experts, women and men, who really know and who have nothing hidden in their advice nor are they trying to sell smoke or easy money.
The best advice I've ever received? Without a doubt, the person who introduced me to this world and who told me "Invest only what you are not afraid of losing." And so I am doing.
And today, which marks my first year in this world, is the reflection I wanted to leave...