I started crypto 3 years ago and was introduced by a friend back then when crypto was still technical and complex.
I ended up buying only #USDT at the very first and later sell it and pull out the invest. I later took the bold step to invest in the real crypto which was in 2023.
It has been favorable though, no technical analysis nothing like understanding market strategies, just investing blindly. then reality hits back, all the memecoins were rug pulled and lost everything to the market.
the first trauma took me a long to recover from the shock, because it was my first financial loss, I took another bold step to invest hoping to recover the first loss. it hits again, #liquidated 😭😭😭.
#FOMCMeeting From the just concluded FOMCMEETING done on 6-7 May it is essential to understand FOMC Decisions: The FOMC meeting's primary focus is on setting monetary policy, including interest rates and quantitative easing. Investors should pay attention to: - Interest Rate Decisions: Changes in interest rates can impact borrowing costs, consumer spending, and business investments. - Quantitative Easing: The Fed's balance sheet management can influence liquidity and asset prices.
Investment Adjustments Based on FOMC decisions, investors may consider adjusting their portfolios as follows: - Interest Rate Hikes: - Short-term bonds: May become more attractive due to higher yields. - Stocks: Might be negatively impacted due to increased borrowing costs. - Dovish Stance: - Stocks: Could benefit from lower interest rates and increased liquidity. - Long-term bonds: Might become more attractive due to potential for lower yields.
Current Market Trends Looking at current market trends ¹ ²: - The S&P 500 index is at 5639.40 with a 0.73% increase. - The Nasdaq index is at 19918.60 with a 0.74% increase.
To make informed investment decisions, it's essential to stay up-to-date with the latest FOMC meeting minutes and economic data. Investors should consider consulting with financial advisors or conducting their own research to determine the best investment strategies based on their individual goals and risk tolerance.
#USHouseMarketStructureDraft the US market structure is a hell and a threat to the crypto market if looked from another angle. The fight with China over Tariff has a hidden agenda which has to with the Crypto Indirectly.
Steps to Earn Airdrops Without Participating in Mining the Native Token:
1. Find Airdrop Opportunities: Check #Binance Launchpool section for available airdrops and their requirements. 2. Participate in Launchpool: Stake or lock up the required cryptocurrency eg $BNB
, $USDC , $FDUSD
or a specified #Token to #participate in the Launchpool. 3. Meet the Requirements: Fulfill any additional requirements, such as holding a minimum amount of tokens or completing tasks. 4. Claim #Airdrop : After meeting the requirements, claim your airdropped tokens hourly or daily depending the time frame given by the AirDrop rules