My grandma opened 10x BTC long at $60k with all her pension money. Now she is in front of screen all day waiting for bitcoin to hit $100K so she can became a millionaire at 82. I didnāt stop her coz she made 10x on memecoins hype & made fun of my fundamental altcoins. #btcupdates #BullRally #BTC⬠#bullrunbegin
š„š„Chainlink (LINK) and Avalanche (AVAX) Ready for a 15% Increase
After reaching new local highs earlier, most of the major cryptocurrencies have entered short-term consolidation with a slight downward trend at the moment.
However, some altcoins, such as #Chainlink (LINK) and Avalanche (AVAX), are giving early base signals to resume their upward movements soon. The question is whether buyers can overcome the selling pressure and set in motion the next leg of the recovery.
Chain link (LINK) LINK is observing a significant consolidation above the newly created support Decoupled with the previous resistance zone, which indicates an increasing strength among buyers defending recent gains. The Directional Movement Index (DMI) shows that this trading December between 19 and 23 dollars will continue in the coming weeks Dec. While the +DI and -DI lines are subject to a Deceleration transition, volatility may dry up in the meantime.
The bulls look ready to finally break above the $25 resistance after becoming even more grounded. While a significant decrease in volumes may temporarily delay such a break, the prospect of a bearish pullback seems unlikely at this stage.
Avalanche (#AVAX ) Meanwhile, AVAX has held on Decently above the recent low with the dip buyers emerging around the support zone so far, which mitigated the extensive downward movement. Although it is still below its last peak, Avalanche is developing a foundation for the next higher move. The Relative Strength Index (RSI) indicates that the recovery momentum is gradually taking place around average levels for now. However, the contradictory MACD continues to signal the continuation of downward pressure, which could trigger another support offer. Eventually, the buying momentum should return to meet the selling activity, which should lead AVAX to a consolidation equilibrium for now. But whether significant directional volatility will resume sooner rather than later remains debatable.
š„What is a graphic project? How does #GRT work?
To explain what the graph project is, #graph founded in 2018 by Yaniv Tal, Jannis Pohlmann and Brandon Ramirez, who have previously worked together on various initiatives focused on creating developer tools, is an indexing protocol for querying networks such as Ethereum and IPFS. Anyone can make data easily accessible by creating and publishing open APIs called Subgraphs. The chart has collected a total of $19.5 million in token sales since 2019, including $10 million from its public sale in October 2020. During this time, about 21% of the initial token offering of grt 10 billion was sold to investors such as Coinbase Ventures, Digital Currency Group and Multicoin Capital. If we talk about the graph project in its simplest and simplest form; Graph (GRT) is an Ethereum token that powers Graph, a decentralized protocol for indexing and querying data from blockchains. Just as Google October indexed the web, the Graph also indexes blockchain data from networks such as Ethereum and Filecoin. This data takes the first step in Subgraphs that anyone can query through Graphical Nodes (Graphical Nodes) that constantly scan network blocks and smart contracts for information. When an application adds data to the blockchain through smart contracts, the Graph Nodes October add the data from these new blocks to the appropriate subgraphs.
How Much Was GRT Coin When it First Came Out? On the other hand, the price of GRT Coin when it was first released is also being wondered by crypto interested parties. GRT Coin, which went on pre-sale with an ICO price of $ 0.03, captured its highest price with $ 2.88.
Does Grt have a future? We can say that the future of GRT Coin will go in a positive direction. According to Tim Frost, CEO and founder of Yield App, a DeFi-focused fintech startup, the Graphical token plays a valuable role in the DeFi ecosystem, which could be a good investment. #Write2Earn #binance
š There are 2 reasons why market down: 1) Lower liquidity and correction were needed.
2) Reasons 2 Above was short liquidity at 53k . Taken and down.. 2) The market is sustaining the long liquidity below. this is good for market.
š Will the market go to big down? no not now go down. The market can actually come up to 50200 - 51300 and will not go below that. I am bullish now. If the market touches the 50200-51300 area, then the market will go to 55k. I shared the chart in my group.Market First touche 53,000 - 53,200$ area and come back down to take a mild correction. The market gave a similar reaction.
š¢ Now accumulate good alts. And dca when it goes down. There is no reason to panic. The market will not big crash now.so chill bros.. š If you find this information helpful, consider supporting me.Follow me and like,share,quotes this post.. Your generosity helps me provide quality content. #Write2Earn
Let me tell you exactly what that means: If you wanted to become a millionaire by buying and holding BTC that time has officially now passed.
A 10X from here would put it at $500K which is going to be much harder to reach than what itās done up until now.
Even then you will probably have to wait another 5 years for that to happen. The good news is that there are plenty of alt coins you can become a millionaire with by buying and holding right now.
Just check the list of top 20 cryptocurrencies and do your own research and due diligence on these coins.
Here is a list of a few: 1: Dogecoin 2. Cardano 3. Polygon 4. Chainlink 5. Avalanche 6. Solana šš¼holding enough of these blue chip cryptos above can potentially make you a millionaire by the end of 2025. Bitcoin halving is occurring in April 2024 - it will most likely be a buy the rumor sell the news event so there will be a dip following that which will allow for some additional accumulation but you should have already been stacking up.
There will also be other opportunities that pop up along the the way. So always remain liquid enough to ape where you can with what youāre willing to lose as these are usually high risk- high reward situations. #Write2Earn⬠#BullRun