In this game since 2015. Learned a couple of lessons. One of them is holding established cryptos. --- profile picture taken from unsplash. Artist is Matheo JBT
Hey binance square, I wrote about it on Nov 3 and I give an update on this now. Currently is not a good time to buy WLD token. In general I assess this token to be a risky investment. Here is my reasoning:
First of all I do not trust Sam Altman. Founding partners of OpenAI left the company because they said they don't trust Sam and that he was dishonest with them about critical areas of the AIs security measures. There were allegations from senior leaders of Sam acting psychologically abusive. So why should we trust him on this "crypto" project? My standards of protection of privacy are high. And to handover a scan of my iris to a highly capitalist company would be the last thing I would want to do. How about you?
Second of all, millions already made this "mistake" and registered their iris with an orb scan. This creates such huge selling pressure on the price, as many of them live in underdeveloped countries and desperately need the WLD rewards. They sell pretty much immediately to buy food and other essentials for life.
So despite that WLD's price has doubled since its last low, I would like to repeat that you should be really careful with your investiment in this project.
Remember buying DOGE for 30sats and selling top at 180 sats đ I disagree with you though. Personally I enjoy trading against stablecoins more, as I don't want to risk my bitcoin.
CRYPTO MECHANIC
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Man, I kinda miss the days of trading alts against BTC. Back in 2016-2018, it wasnât about stablecoins it was about stacking sats. Watching BTC pairs moon while BTC itself pumped. Now itâs all USDT charts and dollar values feels like somethingâs missing.
Who else remembers those wild BTC pair runs? Who was around that time?
$INIT #INIT I've got $16 pocket money đ It's not as much as earlier launchpool rewards. But it's still worth a nice meal (self cooked đ). I did convert the 23 tokens into $BNB instead of a stable coin, because I assume BNB will have a good run up this year. To provide for a meal for me and my friends when I sell on the topđđ What did you do with your INIT #LAUNCHPOOLTOKEN ?
$BTC is gaining strength for more than a month now. đȘ Looking on the RSI indicator for bitcoin, the value is on a steady rise since its low on the 26th of February. The yellow line I drew into the screenshot highlights the steady growth of this important and easy to understand indicator. I have the feeling the mid-term tendency is upwards again. I am not much of a TA guy, but this does look pretty good to me. It might signal a shift in the trend. What do you think? #RSI #BTC đ
đŻ How to optimally use $USDC and FDUSD in binance #Launchpool âčïž I wrote a short article on this topic sometime ago. It's still very current. Read it if you haven't! I leveraged the methods I described for the launchpool #Airdrop of $NIL âšïž
the patient hodler
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The situation with stablecoins improved a bit for European account holders. đ My 2 cents on the situation:
$USDC is now one of the options for staking funds in binance #Launchpool . YES! That is new, and probably not all of you noticed that. The majority of my funds in launchpool is BNB, usually. But I will create an increasing position in USDC during this year, as I plan to sell into the (hopefully) rise of altcoins. Thus I can begin to profit more from launchpools with the increased USDC funds. đ” I sold nearly all of the last launchpools for USDC, so that this adds up over time. --- đ A life hack with FDUSD: What became obvious from the last launchpools: Staking $FDUSD seems to be at least twice as profitable as USDC and as BNB. Binancians made their rewards of last launchpools public. Stakers of FDUSD got more than twice as much rewards in relation to the funds they staked compared to USDC or BNB. So if you are trying to max out the profits, and you don't mind swapping your funds into FDUSD, then this is a valueable option you have. I wont swap my USDC to FDUSD, because of MiCA regulations đ
"I told you so." Sometimes it's easy to say that. And do you know what was easy too? Warning you about $TRUMP token already twice when it mattered. This is my third post trying to increase awareness for the high risks that this token possesses. This is the blueprint of a scam. Stay away from this! âïž
the patient hodler
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#TraderProfile 7.1 years on binance đŻ 10 years since buying first crypto. Let me tell you something from my experience: The $TRUMP coin will continue to disappoint investors for many more weeks. Stay away from this and invest your money in decent things instead.
The situation with stablecoins improved a bit for European account holders. đ My 2 cents on the situation:
$USDC is now one of the options for staking funds in binance #Launchpool . YES! That is new, and probably not all of you noticed that. The majority of my funds in launchpool is BNB, usually. But I will create an increasing position in USDC during this year, as I plan to sell into the (hopefully) rise of altcoins. Thus I can begin to profit more from launchpools with the increased USDC funds. đ” I sold nearly all of the last launchpools for USDC, so that this adds up over time. --- đ A life hack with FDUSD: What became obvious from the last launchpools: Staking $FDUSD seems to be at least twice as profitable as USDC and as BNB. Binancians made their rewards of last launchpools public. Stakers of FDUSD got more than twice as much rewards in relation to the funds they staked compared to USDC or BNB. So if you are trying to max out the profits, and you don't mind swapping your funds into FDUSD, then this is a valueable option you have. I wont swap my USDC to FDUSD, because of MiCA regulations đ
$ADA đȘđȘ strong recovery, reignited mometum. -- Recent events in crypto market and statements by Trump have pushed several cryptos upward. Mainly ADA, which profitted the most. My entry price is $0.38 back in Summer of last year. So I am quite satisfied with the price right now. But please keep in mind that this is a result of blatant price manipulation. I think I'll exit until End of April, or earlier if there is a swing up above $2. What's your strategy/target?
The screenshot is from Sunday, it shows the initial increase that happened after Trump's posts on Sunday. #MarketRebound
This means $57 pocket money for me đ I got it from binance #Launchpool #ShareMyTrades I sold KAITO on the local maximum. There will be two more airdrop listings, $SHELL today, and RED tomorrow. I think liquidity and trading activity will move from KAITO to these newer coins. At least for the coming days. #SHELLAirdropOnBinance
#ShareMyTrades $KAIA đ #Altcoins! paused falling. Especially KAIA didn't fall below $0.12 for many days in a row. Check my screenshot! While BTC and the rest of the market continued a downtrend. To me this looks like a solid entry point. Thus I added 1500 KAIA to my holdings. I now have 5500 đ
Keep a cool head! đ Things are heating up right now. Are you getting nervous, is uncertainty creeping up you mind? I recommend stepping back and to not let current news dominate the important decisions you will have to make. Yes, the hack of bybit last Friday was a negative event which probably many reminded of the FTX bankruptcy. And the consequences this had on the crypto market, which were severe, no doubt. But if we assess the follow up communication of important figures (CEO of bybit, CZ), things seems to be way less dramatic compared to the FTX events. It looks like bybit will not stumble over this. Furthermore, the prominent scams happening this year (Trump, Milei, ...) have definitely left many disheartened. We cannot assess how negative this actually was before we can look back in a couple of months. I feel sorry for new investors who lost money in these scams. BUT: The technical fundamentals havenât changed. $BTC is still uncesorable money. ETH is still one of the largest networks of cutting edge apps that ever existed. SOL has been growing immensely compared to four years ago and decentral finance has become a real thing. Conclusion: The current news situation is used to create negative sentiment. Donât underestimate how much this can be used to manipulate. If you decide to sell, check yourself that you donât do these in panic. that you do this with a calm mind. Make sure this is in line with the plan you initially made. #BybitSecurityBreach #MarketSentimentToday Trade safe! đ
đ #ShareMyTrades $APT Another round of Dollar Cost Averaging with this token. It's not an optimal entry, but a good enough entry for a small stake of my liquid funds. I still see the potential for APT to regain $15 this year. What do you think about this project?
$LTC Check for yourself where it stands on coinmarketcap
Litecoin continues to outperform the market. It climbed from rank 29 last year to rank 15 on coinmarketcap. And it's close to climb to rank 12 as SUI, AVAX and XLM lost momentum.
It's one of the safest choices for investors right now. All coins are in circulation. The inflation from mining is minimal. There are no project owners holding big bags of this coin. The latest price development is upwards and sustainable. DYOR đ
#pi #VoteNow đ I voted yes. I do not have pi nor do I plan to invest in it this year. But I feel the huge community of this project deserves to have this token on their favorite trading platform. đ
#TraderProfile 7.1 years on binance đŻ 10 years since buying first crypto. Let me tell you something from my experience: The $TRUMP coin will continue to disappoint investors for many more weeks. Stay away from this and invest your money in decent things instead.
the patient hodler
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Bearish
Repeat after me! 'I will not buy $TRUMP ' #TRUMPOnBinance
I got $OM airdrop, but I don't know why đ Today is a good day because I got $100 pocket money by selling this airdrop.
Does anyone know why I might ave been eligible for this airdrop? See my screenshot, I received it on 6th of February. Why have I sold? Well, $100 is $100 đ And OM's low was 0.02$ in 2023. And it's now 7.50$. So I guess, after making X 350, there is not that much to grow left. It's also already rank 22 by coinmarketcap. I estimate this is very much the most it can reach this cycle.
It's now 7 days in a row that #bnb is rising.đȘđȘđđ $BNB It's close to regaining the psychologically important (at least to me ) price of $700. I assume that price level is the springboard to make the move above $1000. Finally!! I hold BNB for more than 2 years, and a third of my BNB holdings even for more than 6 years now. And by selling the last 3 airdrops (I was rewarded for being a BNB holder) got me $150 in less than 3 weeks. Besides many more profits of earlier airdrops. It's paying off better than any other coins with a staking reward system, because BNB is quite stable!! Frankly, if you look at how the airdrops of last year performed, you were better of selling the new tokens pretty much immediatelly instead of waiting for more gains. I didn't do this with many of them because I was a bit too optimistic about their short term potential. Nevertheless BNB is pretty much THE no-brainer-buy besides #BTC that every user on binance should buy and hold. #BinanceLaunchPoolđ„ #BinanceSquareTalks
#SoldMyCrypto $LAYER I sold my BNBHodler airdrop by setting a limit order. Luckily it was hit tonight. Why did I sell? I have already too many tokens through all the different binance airdrops and want to reduce this. Additionally I have not any knowledge about this project in general, thus other people can make more use of these tokens than me. I got about $41 USDC from it. Bought myself a really nice breakfast with that money âïž #LAYEROnBinance