When it comes to the impact of gas fees, it is basically what users who hold cryptocurrency are most concerned about. Although I am personally optimistic about the Ethereum ecosystem, every time I participate in Ethereum-related activities, as long as I see its high fuel fees, I will basically give up the currency silently. In comparison, the gas fee of Binance Chain is indeed much lower, so I personally prefer to trade on Binance Chain. I feel that whether a coin is popular is still closely related to the GAS fee of the chain it uses.
It seems like the wish made yesterday was successful. USUAL surged 50% today.
Finfreedom
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#2025新年加密愿望清单
1. I hope I can get rid of FOMO when investing in cryptocurrencies in 2025 and not be tempted to chase highs and lows.
2. I hope that the surge in BTC will lead to a bull market and let the market rise together.
3. I hope that the meme coins PEPE, DOG, PNUT and SHIB will rise again and realize their market potential!
4. I hope the Trump family will promote the functionality of TRUMP and Melania and promote the rise of the currency...
5. I hope Upbit will cancel the business suspension, so that HIVE and STEEM will have the opportunity to be pulled over by Koreans from time to time.
6. I also hope that the new coins BIO, USUAL and ANIME recently listed on Binance can at least increase a little, otherwise I may not have the confidence to buy new coins in the future...
In the 2025 cryptocurrency Spring Festival Gala, Bitcoin will definitely be the protagonist of wealth. In 2024, giants such as BlackRock will launch Bitcoin spot ETFs to increase the market's appeal to BTC. Then many central banks and institutions will begin to purchase Bitcoin in large quantities. In addition to the United States establishing Bitcoin strategic reserves. Today, it was also reported that the Czech Republic wants to buy 7 billion euros of Bitcoin. More data shows that BTC still has potential for growth in the current market stage, so BTC is a well-deserved wealth protagonist.
Federal Reserve Chairman Powell believes the economy remains strong, and the United States does not need to rush to adjust its policy stance, so interest rates remain unchanged. Some are predicting that the number of rate cuts in the future will decrease. Interestingly, Trump criticized the Federal Reserve on his X personal account as a result. Most people believe that rate cuts boost cryptocurrencies, as lower rates increase liquidity in the financial system, which benefits other digital assets. However, even with interest rates unchanged, the market rose today, which may suggest that a stable rate policy is also considered favorable compared to rate hikes!
More and more countries are starting to invest in BTC. Today, I saw in the news that the president of the Czech central bank "wanted to buy 7 billion euros" of Bitcoin. This may have led to the rise of BTC. BTC has risen again. I have always wanted to buy BTC when it falls back. It turns out that BTC can’t fall any further. The good thing is that if BTC continues to rise, it should be able to drive a bull market~~
1. I hope I can get rid of FOMO when investing in cryptocurrencies in 2025 and not be tempted to chase highs and lows.
2. I hope that the surge in BTC will lead to a bull market and let the market rise together.
3. I hope that the meme coins PEPE, DOG, PNUT and SHIB will rise again and realize their market potential!
4. I hope the Trump family will promote the functionality of TRUMP and Melania and promote the rise of the currency...
5. I hope Upbit will cancel the business suspension, so that HIVE and STEEM will have the opportunity to be pulled over by Koreans from time to time.
6. I also hope that the new coins BIO, USUAL and ANIME recently listed on Binance can at least increase a little, otherwise I may not have the confidence to buy new coins in the future...
Currently, my average cost of holding ETH is around 3500U. ETH has dropped even more in the past few days, and I am considering whether to buy more at a lower price to average down my cost. Generally speaking, with the news of Trump buying a large amount of ETH, ETH should still have an increase, but I don't know if it's just my illusion. Regardless of the market's ups and downs, ETH seems to still be falling. However, since its market dominance index is 10%, I should still tend to hold it long-term~~
Seeing the news referring to the DeepSeek impact on the US stock market and computing power events as a surprise attack on Pearl Harbor in the AI world shows DeepSeek's influence. People have always predicted that AI-related investments would soar due to advancements in AI. Most believed this would be positive news for the market, but unexpectedly, the DeepSeek incident led to a reverse operation, causing a significant drop in the US stock market and cryptocurrency space. Although this development was not anticipated, it can also be an opportunity to increase positions during this market correction, looking forward to a wave of rise in the future~~
Today, the cryptocurrency market suddenly corrected, and almost all major coins were affected. I originally wanted to buy more during the decline of various cryptocurrencies, but I found out that my USDT was running low. It is said that DeepSeek's download volume has surpassed ChatGPT. Surpassing ChatGPT is not a big deal, mainly because its performance is both good and cheap, shaking the stock prices of Silicon Valley and Asian tech companies, leading to a complete crash... I can only say that this correction in the cryptocurrency market is truly unexpected~~
BTC hasn't dropped below 100,000 USDT for a while, and I don't know when this time it will pull back. Although many people hope it will rise, I am quite looking forward to it dropping a bit so I can buy at a low price and then earn a bit more profit. However, today because BTC dropped, the whole market looks terrible. I am starting to feel that BTC shouldn't drop for too long; otherwise, the daily gains and losses seem a bit scary.
I started buying SOL at the end of last year, mainly because the applications on the SOL blockchain are increasing, and also because SOL has risen quite a bit. So I decided to start investing. I initially bought SOL at a price of 260U and later bought more on dips, bringing my cost down to around 240U. After that, because TRUMP launched on the SOL chain, it drove up the price of SOL, so I also sold some in response. I will continue to buy on dips, and I believe that long-term investment should still yield some returns.
I checked the definition of altcoins and found that they occur when the upward trend of Bitcoin slows down, and funds often flow into altcoins, triggering an 'altcoin season.' As for whether altcoin season is approaching, you can refer to the CoinMarketCap altcoin season index. Most believe that a value greater than 75 indicates its arrival. Currently, although the upward trend of Bitcoin has slowed, the altcoin season index is at 49, and it seems that altcoins need some more time to outperform Bitcoin.
The release of vitality in the BNB ecosystem is likely related to its relatively low network costs. Compared to Ethereum, the transaction fees in the BNB ecosystem are very reasonable. Additionally, using BNB on the Binance platform offers certain discounts, making it very friendly for large traders. Not to mention, holding a significant amount of BNB essentially means receiving airdrops for free. If BNB rises significantly, it can also be sold for a small profit, which really brings many benefits.
To save on transaction fees, I bought BNB only after the price had dropped, so I was purchasing at a relatively high price. To generate profits, I placed my BNB in a financial account. I didn't expect that the Binance platform would continuously launch various airdrop activities. Although I don't hold much BNB, I still receive some new coins from each airdrop. Therefore, I will continue to purchase BNB and participate in more airdrops to earn some profits.
For me, the craziest cryptocurrency of 2024 is definitely various meme coins, including DOGE, PNUT, and PEPE. Especially after Musk tweeted about PNUT, it skyrocketed. At that time, I also jumped on the bandwagon and started buying meme coins in the spot market. Although I didn't trade contracts, I made a profit through spot trading in the short term. Now it feels like PNUT, DOGE, and PEPE don't have the same growth potential as in 2024, but I can still make some gains through swing trading. Currently, I am still holding and looking forward to future market trends.
There will be another significant drop, reaching around ten dollars. This is clearly playing with souls, forcing everyone to sell at a loss, making you see your profits evaporate daily, leading to panic selling. Negative news is flooding the market right now, and the downtrend will last for a while. When everyone's confidence is completely worn down, it will be the day when the chips have been mostly absorbed, and eventually, various news and positive information will cause a surge, but by then, no one will dare to buy. Yet it will continue to rise, breaking past previous highs, and once again, souls will be played with, rushing back in thinking that the ancients do not deceive me, only to find out, haha.
Bitcoin significantly rebounded after Trump took office, with the price surpassing $105,000, driving a general rise in the crypto market. The altcoin market has also warmed up as a result. Although the overall market seems to have dropped again today, it should just be a temporary correction. After all, investors generally adopt an optimistic attitude towards future cryptocurrency policies, so it feels like a good opportunity to buy back coins they are confident in at lower points, waiting for the next big surge.
Last year, I bought some ETH at a price of 3500U, thinking that there would be a big rise soon. Unexpectedly, BTC surged later, and the increase in ETH was still limited. Later, it was reported that the Trump team bought a large amount of ETH, and it seemed that it had risen a bit because of this. Now it is said that There may be a fork, but I am not sure whether the fork is good or bad for ETH. In short, I can only continue to hold it and buy on dips, and maybe it will be resolved soon.