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It took me 4 years in the crypto market to realize these lessons, but you only need 2 minutes to grasp them: 🤏
1. The truth about Bitcoin: No matter how the market fluctuates, one fact remains true: 8% of people will control the supply of 21 million Bitcoins. Let it rest.
2. Skills over charts: Mastery of financial, capital and risk management is 100 times more important than any technical analysis or deep research on cryptocurrencies. Why? Because without risk management, no strategy will save you.
Amid the current volatility in the cryptocurrency market,#TerraClassic(LUNC) has taken center stage, with popular traders sharing a bullish outlook for the altcoin. Crypto analyst Candle Calls shared a chart that suggests a significant uptrend while fueling speculation that $LUNC LUNC 0.00008706 -2.32% price may hit new highs.
At press time, the Terra Classin (#LUNC✅ ) price is trading 10% below $0.00008898 amid a broader market correction, with daily trading volumes up 66% to $60 million. However, the analyst predicts a significant rise in LUNC price to $1 and $5.
At the time of Candle Calls analysis, Terra Classic (LUNC) was trading at $0.0001014, with the 24-hour chart showing a#consolidationphase followed by a sharp rise, suggesting a potential breakout. The price surge reflects growing investor confidence and buying momentum. Yesterday’s surge occurred as cryptocurrency exchange Binance burned a total of 1.14#TerraLunaClassictokens as part of the LUNC burn mechanism.
The chart also identified a support level around $0.00008901, offering a solid foundation for the uptrend, while resistance at $0.00010870 tested the strength of the rally, CNF reported.
Candle Calls’ prediction reflects the bullish sentiment shared by many members of the community. Fundamental analysis, favorable market conditions, and anticipated developments within the Terra Classic ecosystem typically drive this optimism. $USDC
While some altcoins can surge 100x overnight, the reality is that 99% of them are destined to crash and burn. So, if you still hold faith in certain tokens, you might be holding onto dead weight. But don’t worry – I’m here to help you spot the coins that are unlikely to recover. Below, I’ll discuss the altcoins you should avoid and how to avoid falling into these traps during the next bull run. 🚀👇
◈ Every market cycle brings a new batch of altcoins. ◈ Most will never regain their previous highs. ◈ Learning to avoid certain tokens can save you from having a bag of useless coins in 2025.
3 types of altcoins to watch out for:
1. Outdated technology: Coins that have failed to keep up with the latest blockchain innovations.
2. Irrelevant projects: Remember Play-to-Earn (P2E) or Walk-to-Earn (W2E)? Yes, those projects quickly disappeared.
3. Artificial tokens: Tokens with controlled supply and manipulated volume to appear valuable.
6 altcoins that will probably never rise again:
1. $ADA: A once beloved project, but whose technology now seems like a relic. Many still hold on to it out of nostalgia, but its chances of ever thriving again are close to zero?
2. $DOT: This project exploded in 2020-2021, but has since remained silent. Like $ADA, it is technologically stagnant and newer projects have overtaken it.
3. $ETC: This Ethereum split from 2016 is still stuck in the past and uses the same technology as $ETH. Time to move on.
4. $LTC – Originally a faster and cheaper alternative to Bitcoin, it is now being overtaken by newer and better tokens. It is a high-risk investment.
Want more insights, analysis, and updates? Hit the follow button and stay tuned!Remember, do your own research.
🚨 ATTENTION 🚨 🚀🔥 LAST NIGHT NEWS 🌆🌙😨 📈 🔥See below🔥 📈Bitcoin advocate Michael Saylor predicts potential price of $8 million $BTC . Ardent Bitcoin advocate Michael Saylor has made another very bullish prediction for the price of Bitcoin. His comments, which were made at a recent event in Prague, caught the attention of the crypto community, particularly due to the high price.💹 BTC 66,616.01 +0.76% 📈A Bloomberg exchange-traded fund (ETF) expert says Ethereum spot market ETFs ($ETH ) can be expected in the US in early July. In a new thread on social media platform ETH 3,602.08 +1.31% 📈A buy signal appears on the price chart $SOL , suggesting a price increase, but the indicators remain bearish.💹 SUN 148.88 +3.17% 📈Polkadot stuck in the $6 range. While the potential for DOT may be great in the long term, the short-term prospects are nothing to get excited about.💹 📈Warm statements from Kashkari, member of the FED: He announced the month in which he expects an interest rate cut. FED member Neel Kashkari made assessments on the US economy and possible interest rate cuts in his statement today on CBS's Face the Nation. Kashkari said the Federal Reserve needs to see more evidence to be convinced that inflation is headed toward 2%.💹
Breaking news! A Bitcoin miner has defied all odds by solving a Bitcoin block alone, earning the full 3,125 reward, valued at around $200,000. This fact is notable, as mining a valid block alone is an extremely rare event, similar to winning the lottery. With the increasing popularity of mining due to the rising price of Bitcoin, competition and hash rate have increased, making it almost impossible to solve a block alone. What do you think of this exceptional achievement? Share your thoughts in the comments! 💬 3870887344#Blockchain#Criptomoneda $BTC #Binance #Bitcoin #Web3
A trader deposited 395 $BTC (equivalent to $26.3M) on Binance for sale before Bitcoin prices fell 4 hours ago. This trader bought 536 $BTC (equivalent to $35.15M) at $63,729 from April 5 to April 18, then sold it for $66,530 in the last 2 days, making approximately $1.5M. The transaction address is 18oPtAFWSsEQ7v9HmwVpg485MMG1yEWkEL. #Binance #BTCHalvingApril2024 $BTC
🚀 Tensor (TNSR), the native cryptocurrency of Solana's leading NFT marketplace, saw a significant price surge after listing on Coinbase. 📈 TNSR, which briefly surpassed $2.20, is currently trading around $1.90. 🎉 These moves by Coinbase have positively affected the value of many digital assets in the past. TNSR's daily trading volume exceeded $750 million, surpassing well-known altcoins such as ADA and Cardano's Avalanche (AVAX). Another leading cryptocurrency exchange that has adopted TNSR is OKX. It opened deposit and spot trading services for TNSR/USDT on April 8. Following an official listing on Coinbase, the prices of the affected cryptocurrencies were observed to increase. Do you think the price of TNSR will increase further? We are waiting for your comments! 😊 #ton #SAGA #BinanceListing #BINANCELOUNCHPOOL
Japanese Web3 Infrastructure Provider Metaplanet Adds $6.56 Million Bitcoin to Its Balance Sheet According to PANews, Metaplanet, a Japanese Web3 infrastructure provider, has announced a collaboration with Sora Ventures and Mark Yusko of Morgan Creek Capital. The company has added $6.56 million worth of Bitcoin (BTC) to its balance sheet, resulting in a nearly 90% increase in the price of its Tokyo-listed shares in two days. The move aims to reduce exposure to the yen and give Japanese investors the opportunity to engage with cryptocurrencies under a favorable tax structure. Metaplanet, which initially operated budget hotels under the Red Planet name, has since become a Web3 software developer. The company stated that this decision aims to use Bitcoin as a means of protection against inflation, a tool for macroeconomic stability, and a basis for long-term capital appreciation. This strategy emulates that of MicroStrategy, a US-based company that announced in 2020 that it would begin increasing its Bitcoin holdings. Today, its share price often reflects fluctuations in the price of Bitcoin, demonstrating investor sentiment towards the cryptocurrency market. Additionally, Jason Fang, partner and co-founder of Sora Ventures, emphasized that this is a way for Japanese investors to interact with cryptocurrencies through publicly traded companies rather than owning assets directly, the latter of which is affected due to high taxes on unrealized cryptocurrencies. Profits. #btc #BinanceListing
TNSR, a rare token that is up over 5000% 🔥 here's everything you need to know about this newly listed token TNSR Token: Governance Key for a New NFT Market? TNSR is the newly created governance token of Tensor, a project believed to be a Solana-based NFT marketplace. Recently launched, TNSR allows its holders to shape the future of the platform by voting on key decisions. Tokenomics in summary: Price: ~$1.69 (April 9, 2024) with high volatility (be careful!). Total supply: 1 billion TNSR Circulating supply: data not yet available (affects price) The potential of TNSR: Governance power: vote on the development of Tensor and have a say in the direction of the market. Follow us to receive regular updates
SAGA OPENING PRICE (10X POTENTIAL) 🔥 There is great excitement after the launch. A significant number of people expect a significant increase in the value of SAGA, with some predictions going as high as $5 or $7. Could it repeat the impressive X2 or X3 gains recently seen in cryptocurrencies like ETHFI and ENA? In my opinion, SAGA's market capitalization could reach $500 million like ENA, while whale trading volumes could exceed $4 or $5 million. Get ready for an exciting ride as prices skyrocket! 🤑🤑🤑 #Launchpads #SagaLaunchpool #BullrunBounty #BinanceListing #BINANCELOUNCHPOOL