$BTC 📌Bitcoin is currently facing a short-term price correction period triggered by selling pressure and macroeconomic/geopolitical sentiment.
However, the long-term fundamentals of Bitcoin remain strong, with increasing institutional interest and support from various parties. Investors are advised to always be cautious, conduct risk analysis, and avoid FOMO (Fear Of Missing Out) when investing in crypto.
🌼 One of the most interesting facts about BNB is the "coin burning" mechanism that is regularly conducted by Binance.
This means that Binance periodically destroys a portion of the circulating BNB supply. The purpose of this burning is to permanently reduce the total supply of BNB, making it a deflationary asset.
Binance is committed to continuing to burn BNB until only about 100 million tokens remain (50% of the initial supply of 200 million). This creates scarcity, which in theory can increase the value of BNB over time.
🌼 One of the most interesting facts about BNB is the "coin burning" mechanism that is regularly conducted by Binance.
This means that Binance periodically destroys a portion of the circulating BNB supply. The purpose of this burning is to permanently reduce the total supply of BNB, making it a deflationary asset.
Binance is committed to continuing to burn BNB until only about 100 million tokens remain (50% of the initial supply of 200 million). This creates scarcity, which in theory can increase the value of BNB over time.
🌼 One of the most interesting facts about BNB is the "coin burning" mechanism that is regularly conducted by Binance.
This means that Binance periodically destroys a portion of the circulating BNB supply. The purpose of this burning is to permanently reduce the total supply of BNB, making it a deflationary asset.
Binance is committed to continuing to burn BNB until only about 100 million tokens remain (50% of the initial supply of 200 million). This creates scarcity, which in theory can increase the value of BNB over time.
🌼 One of the most interesting facts about BNB is the "coin burning" mechanism that is regularly conducted by Binance.
This means that Binance periodically destroys a portion of the circulating BNB supply. The purpose of this burning is to permanently reduce the total supply of BNB, making it a deflationary asset.
Binance is committed to continuing to burn BNB until only about 100 million tokens remain (50% of the initial supply of 200 million). This creates scarcity, which in theory can increase the value of BNB over time.
🌼 One of the most interesting facts about BNB is the "coin burning" mechanism that is regularly conducted by Binance.
This means that Binance periodically destroys a portion of the circulating BNB supply. The purpose of this burning is to permanently reduce the total supply of BNB, making it a deflationary asset.
Binance is committed to continuing to burn BNB until only about 100 million tokens remain (50% of the initial supply of 200 million). This creates scarcity, which in theory can increase the value of BNB over time.
🌼 One of the most interesting facts about BNB is the "coin burning" mechanism that is regularly carried out by Binance.
This means that Binance periodically destroys a portion of the circulating BNB supply. The goal of this burning is to permanently reduce the total supply of BNB, making it a deflationary asset.
Binance is committed to continue burning BNB until only about 100 million tokens remain (50% of the initial supply of 200 million). This creates scarcity, which theoretically can increase the value of BNB over time.$BNB
🌼 One of the most interesting facts about BNB is the "coin burning" mechanism that is regularly carried out by Binance.
This means that Binance periodically destroys a portion of the circulating supply of BNB. The purpose of this burning is to permanently reduce the total supply of BNB, making it a deflationary asset.
Binance is committed to continue burning BNB until only about 100 million tokens remain (50% of the initial supply of 200 million). This creates scarcity, which theoretically can increase the value of BNB over time. $BNB
#ScalpingStrategy 📌 The indicators that I often use are: * Moving Averages (MA): To identify the short-term trend direction. * Stochastic Oscillator or RSI: To identify overbought or oversold conditions and potential reversals. * Volume: To confirm the strength of price movements.
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* Geopolitical Uncertainty: The conflict involving Iran and Israel continues to be one of the main factors driving "risk-off" sentiment among investors, making them likely to pull back from risky assets such as crypto.*
$BTC Current Price and Movement * The current price of Bitcoin is around $103,000 - $104,000. * In the last 24 hours, Bitcoin has experienced a decline of about 0.9% to 1.5%. * On a weekly basis, Bitcoin also shows a decline of about 2-3%.
Binance Coin (BNB) is the native cryptocurrency of the Binance ecosystem, one of the largest crypto exchanges in the world. BNB has various use cases within the Binance ecosystem.
Binance Coin (BNB) is the native cryptocurrency of the Binance ecosystem, one of the largest crypto exchanges in the world. BNB has various uses within the Binance ecosystem, including:
* Payment of transaction fees: Users can use BNB to pay for trading fees on Binance with a discount.
* Participation in launchpad: BNB is used to participate in new token sales on Binance Launchpad.
* Governance: BNB holders have voting rights in governance proposals on the BNB Chain.
* Staking and yield farming: BNB can be staked to earn rewards or used in DeFi protocols on the BNB Chain.
🌼 Binance Coin (BNB) is the native cryptocurrency of the Binance ecosystem, one of the largest cryptocurrency exchanges in the world. BNB has various uses within the Binance ecosystem, including:
* Payment of transaction fees: Users can use BNB to pay for trading fees on Binance with a discount.
* Participation in the launchpad: BNB is used to participate in new token sales on Binance Launchpad.
* Governance: BNB holders have voting rights in governance proposals on the BNB Chain.
* Staking and yield farming: BNB can be staked to earn rewards or used in DeFi protocols on the BNB Chain.
Considering the complexity and uncertainty, here are some strategies to position your portfolio: 🌻 Planned Diversification: * Within Crypto: Don't just hold onto BTC. Consider a wise allocation for: * Bitcoin (BTC): As a potential hedge against inflation and the asset with the largest market capitalization. * Ethereum (ETH): As the backbone of many DeFi and NFT innovations, with strong utility. * Stablecoin: Keep a small portion of your funds in stablecoins for flexibility and to take advantage of market opportunities. However, understand the risks associated with the US dollar.
The allure of Bitcoin that continues to soar seems to hypnotize many people to join in investing. 🍀"Success stories in Bitcoin are indeed hypnotic, attracting many newcomers."🍀