1. Understand cryptocurrency market cycles, including the role of the Bitcoin halving and the factors that influence demand and supply.
2. Do thorough research on the projects you want to support, by checking their team, community, roadmap and transparency.
3. Choose cryptos that bring innovative solutions, have a real-world application and have good tokenomics.
4. Diversify your portfolio by investing in different crypto narratives, such as the bitcoin ecosystem, AI, DePIN, Layer 2, Layer 1, Tokenization, Gaming, etc.
5. Use reliable tools and platforms to manage your cryptos, such as secure wallets and regulated exchanges.
6. Protect your assets and personal information, by using strong passwords, 2FA and antiviruses.
7. Define your goals and exit strategy, taking into account your risk profile, time horizon and financial needs.
8. Stay informed and up-to-date on crypto market news and trends, by following credible sources and recognized experts.
9. Don't blindly follow the buzz or FOMO, but rely on objective data and analysis.
10. Learn from your mistakes and successes, by keeping a journal of your investments and analyzing your performance.
I hope these few tips will be clear and useful to you 🚀
🕵♂💰 A perfect correlation has been found — $BTC and the GMI Liquidity Index
👉 What is the GMT Liquidity Index? In short, it offers a consolidated view of all the balance sheets of major central banks around the world.
❗️This index is valuable because it provides data 12 weeks in advance, giving analysts insight into potential future trends.
As you can see in the image, the two charts are highly correlated: in early 2024, the index started to grow in parallel with Bitcoin, then entered a slowdown phase over the last 6 months.
The GMT Liquidity Index is now signaling GROWTH that is expected to start from October 2024. Bitcoin is expected to follow it, as it has done perfectly throughout 2024.
The CPI results have just come in. We will have our pump, friends. It's starting well with a#CPIbelow the expected threshold. We are at 2.5% while the market was expecting 2.6% so it's more than positive.
Tomorrow we are waiting for the#PPIto see what it gives on the production side and it will necessarily be in the same vein because if consumption costs are low it means that production is too.
That said, we will probably have our interest rate cut. Let's wait until the 17th for the decision. Bullissshhhhh🔥🔥🔥🔥🚀🚀🚀
The CPI results have just come in. We'll get our pump, friends. It's starting well with a#CPIbelow the expected threshold. We're at 2.5%, but the market was expecting 2.6%, so it's more than positive.
Tomorrow we're waiting for the#PPIto see what it's like on the production side and it will necessarily be in the same vein because if consumption costs are low, that means production is too.
That said, we'll probably get our interest rate cut. Let's wait until the 17th for the decision. Bullissshhhhh🔥🔥🔥🔥🚀🚀🚀
#MyFirstSquarePost Newly registered on Binance Square, I am looking forward to sharing and connecting with everyone here! follow me to stay up to date with the latest news.