AAK2023
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as per my little knowledge this crash is an indication of ALT season, funds flowing out of BTC to get few ALTs at nothing. March and April 25 are going to be the super months for ALTs
#altsesaon 2025
#altsesaon 2025
#TrumpCryptoOrder Good news for the industry for medium to long run but traders need coution as most of the time these newes are already factored in before it gets to common Man .
Impact of trading restrictions on USDT in Euro Zone vs gains USDC have: A very clear trend in favour of USDC
Dos & Don'ts of Crypto
Here are some general dos and don'ts of investing or dealing in cryptocurrency:
Dos
1. Do Your Research (DYOR):
Understand the cryptocurrency you’re investing in, its use case, and the technology behind it. Study the team, whitepaper, and market trends.
2. Secure Your Wallet:
Use a reputable wallet (preferably a hardware wallet) to store your cryptocurrencies. Ensure you safeguard your private keys and recovery phrases.
3. Use Two-Factor Authentication (2FA):
Enable 2FA on your crypto exchange accounts to enhance security.
4. Diversify Your Investments:
Don’t put all your money in one cryptocurrency. Spread your investments across different coins and tokens to manage risk.
5. Stay Updated:
Follow the news, regulations, and market updates. Crypto markets are highly volatile and can be influenced by global events.
6. Invest What You Can Afford to Lose:
Cryptocurrencies are risky. Only invest funds that you can afford to lose without affecting your financial stability.
7. Use Reputable Exchanges:
Stick to well-known, regulated exchanges with good security practices.
8. Understand Taxes and Regulations:
Be aware of the tax implications and legal requirements in your country regarding cryptocurrency trading or holding.
Don'ts
1. Don’t Fall for Scams:
Avoid Ponzi schemes, pump-and-dump groups, or unsolicited investment offers. Never share your private keys.
2. Don’t Rely on FOMO (Fear of Missing Out):
Avoid rushing into investments because of hype or fear of missing out. Take the time to analyze the situation.
3. Don’t Store All Crypto on Exchanges:
Exchanges are prone to hacks. Withdraw your crypto to a secure wallet after trading.
4. Don’t Trade Without a Plan:
Define your goals and strategies for investing or trading. Emotional decisions can lead to losses.
5. Don’t Ignore Security:
Be cautious with phishing attacks, fake websites, and unverified apps. Always double-check URLs and sources.
6. Don’t Expect Overnight Wealth:
While some people have made significant profits, cryptocurrency markets are unpredictable. Patience and strategy are key.
7. Don’t Use Borrowed Money to Invest:
Avoid taking loans or using credit to buy crypto. The market’s volatility can lead to significant losses.
8. Don’t Forget to Backup:
Regularly backup your wallet and secure the backup in a safe place.
Closing Thoughts
Cryptocurrency can be a lucrative yet risky endeavor. Understanding the market, practicing caution, and following these dos and don'ts can help you navigate it more safely.
Dos
1. Do Your Research (DYOR):
Understand the cryptocurrency you’re investing in, its use case, and the technology behind it. Study the team, whitepaper, and market trends.
2. Secure Your Wallet:
Use a reputable wallet (preferably a hardware wallet) to store your cryptocurrencies. Ensure you safeguard your private keys and recovery phrases.
3. Use Two-Factor Authentication (2FA):
Enable 2FA on your crypto exchange accounts to enhance security.
4. Diversify Your Investments:
Don’t put all your money in one cryptocurrency. Spread your investments across different coins and tokens to manage risk.
5. Stay Updated:
Follow the news, regulations, and market updates. Crypto markets are highly volatile and can be influenced by global events.
6. Invest What You Can Afford to Lose:
Cryptocurrencies are risky. Only invest funds that you can afford to lose without affecting your financial stability.
7. Use Reputable Exchanges:
Stick to well-known, regulated exchanges with good security practices.
8. Understand Taxes and Regulations:
Be aware of the tax implications and legal requirements in your country regarding cryptocurrency trading or holding.
Don'ts
1. Don’t Fall for Scams:
Avoid Ponzi schemes, pump-and-dump groups, or unsolicited investment offers. Never share your private keys.
2. Don’t Rely on FOMO (Fear of Missing Out):
Avoid rushing into investments because of hype or fear of missing out. Take the time to analyze the situation.
3. Don’t Store All Crypto on Exchanges:
Exchanges are prone to hacks. Withdraw your crypto to a secure wallet after trading.
4. Don’t Trade Without a Plan:
Define your goals and strategies for investing or trading. Emotional decisions can lead to losses.
5. Don’t Ignore Security:
Be cautious with phishing attacks, fake websites, and unverified apps. Always double-check URLs and sources.
6. Don’t Expect Overnight Wealth:
While some people have made significant profits, cryptocurrency markets are unpredictable. Patience and strategy are key.
7. Don’t Use Borrowed Money to Invest:
Avoid taking loans or using credit to buy crypto. The market’s volatility can lead to significant losses.
8. Don’t Forget to Backup:
Regularly backup your wallet and secure the backup in a safe place.
Closing Thoughts
Cryptocurrency can be a lucrative yet risky endeavor. Understanding the market, practicing caution, and following these dos and don'ts can help you navigate it more safely.
what strategy should adopt if my entry was in August 23!!! Your opinion is appreciated 👍
80,000 is absolutely round the corner for BTC. All the historic graphs replecting the same trend and result. what do you think?
good news for ALTs in generaland ETH in particular. hopefully market geta it's confidence back in ALTs
Yes, there is a significant update! The SEC approved a rule change on May 23, 2024, paving the way for the creation of ETFs that directly hold Ethereum (ETH), the second-largest cryptocurrency by market capitalization [CNBC]. This is a major development for the crypto industry, following the SEC's approval of Bitcoin ETFs earlier this year.
Here's a quick breakdown of the news:
Approval Granted: The SEC approved a rule change that allows for spot Ethereum ETFs. [multiple sources]
Impact: This is expected to increase institutional investment in Ethereum and potentially lead to a price surge. [FXStreet]
Next Steps: While the rule change paves the way, individual ETF applications (S-1 registration statements) still need approval, which is generally considered a formality. [ETF.com]
Here's a quick breakdown of the news:
Approval Granted: The SEC approved a rule change that allows for spot Ethereum ETFs. [multiple sources]
Impact: This is expected to increase institutional investment in Ethereum and potentially lead to a price surge. [FXStreet]
Next Steps: While the rule change paves the way, individual ETF applications (S-1 registration statements) still need approval, which is generally considered a formality. [ETF.com]
CZ's work for crypto and ultimaly decentralized finance is unforgettable. wasting three important years where he could have done so much for financial future of the world is insane.
#FreeCZ
#FreeCZ
“The 1 #Bitcoin a day program continues until #Bitcoin becomes unaffordable with fiat currencies," says President of 🇸🇻 El Salvador Nayib Bukele 🙌
Trading Tips:
Bollinger Bands are often used by traders to identify potential entry and exit points for a trade. When the price of an asset moves above the upper band, it may indicate that the asset is overbought and a sell signal. When the price falls below the lower band, it may indicate that the asset is oversold and a buy signal.
Bollinger Bands are often used by traders to identify potential entry and exit points for a trade. When the price of an asset moves above the upper band, it may indicate that the asset is overbought and a sell signal. When the price falls below the lower band, it may indicate that the asset is oversold and a buy signal.
CYPHERPUNK LEGEND ADAM BACK SAYS $100,000 BITCOIN PRICE IS 'OVERDUE'
One of Bitcoin's most significant contributors, Adam Back, believes the asset is currently undervalued, even at all-time price highs above $70,000.
Back doubled down on his $100,000 prediction in a post on X saying, "I think the reason things are muted is that $100k seems way overdue, for a few years now. There's not much bull market euphoria as the $1-5k green candles scroll by. Just tick tock $100k."
#DYOR*
One of Bitcoin's most significant contributors, Adam Back, believes the asset is currently undervalued, even at all-time price highs above $70,000.
Back doubled down on his $100,000 prediction in a post on X saying, "I think the reason things are muted is that $100k seems way overdue, for a few years now. There's not much bull market euphoria as the $1-5k green candles scroll by. Just tick tock $100k."
#DYOR*
does anyone has any information about newly launched gaming coin @Scapemenia?
tokonomics and Future, current price at pancake is .0063
#scapemenia
tokonomics and Future, current price at pancake is .0063
#scapemenia
Michael Saylor's MicroStrategy Raising Another $500M to Buy More Bitcoin
The debt offering comes just days after the company closed on an $800 million capital raise, also with proceeds used to buy bitcoin.
By Stephen Alpher
Updated Mar 14, 2024 at 2:24 a.m.
Michael Saylor, executive chairman of MicroStrategy (Michael.com)
May 29-31, 2024 - Austin, TexasThe biggest and most established global hub for everything crypto, blockchain and Web3.Register Now
Now billing itself as a Bitcoin Development Company, MicroStrategy (MSTR) Wednesday afternoon filed to raise $500 million in a convertible debt offering, with intentions to use the proceeds to purchase more bitcoin (BTC), according to a press release.
The company only days ago closed on an $800 convertible debt raise (upsized from an originally planned $600 million), with those proceeds plus some dollars already in the bank used to acquire another 12,000 bitcoin for $821.7 million.
The debt offering comes just days after the company closed on an $800 million capital raise, also with proceeds used to buy bitcoin.
By Stephen Alpher
Updated Mar 14, 2024 at 2:24 a.m.
Michael Saylor, executive chairman of MicroStrategy (Michael.com)
May 29-31, 2024 - Austin, TexasThe biggest and most established global hub for everything crypto, blockchain and Web3.Register Now
Now billing itself as a Bitcoin Development Company, MicroStrategy (MSTR) Wednesday afternoon filed to raise $500 million in a convertible debt offering, with intentions to use the proceeds to purchase more bitcoin (BTC), according to a press release.
The company only days ago closed on an $800 convertible debt raise (upsized from an originally planned $600 million), with those proceeds plus some dollars already in the bank used to acquire another 12,000 bitcoin for $821.7 million.
what you guys think about the future of Polka dot and Link as compare to all other leading tokens have seen significant price increase expect these two?
#DOTecosystem
#LINKUSDT
I am still bulish and thinks a good grab at this point in time.
#DOTecosystem
#LINKUSDT
I am still bulish and thinks a good grab at this point in time.
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