It is noteworthy that in the cryptocurrency market
#Litecoin gained over 10% in value by overcoming the $105 resistance against the US Dollar.
This indicates that the price could move towards the $120 resistance.
Optimistic Developments for Investors Litecoin continues its uptrend by gaining strength from the $95 support level. It is trading above the $100 simple moving average, providing investors with a positive outlook.
A featured chart analysis shows LTC’s bullish trend line forming around the $101.50 support level. This shows that Litecoin can continue its rise if it does not fall below $ 100.
$120 Possible Goal
Litecoin is rising with a stronger performance compared to other major cryptocurrencies, Bitcoin and Ethereum. It forms a solid support above the $80 level, contributing to the price increase. A target of $120 to $122 is currently set.
“Spot Trading is for poor people and Future Trading is for rich people”, the best joke I heard till now.
People saying the opposite. Leverage (a.k.a Loan-Contract-By-Broker) for rich people to multiply their gain with very less money.
For example, suppose I have 500 million to invest. But I invested 5 million in the market and remaining I kept somewhere safe. Suppose I placed a long (buy) order on BTC when market was at 70k USD. So I should have 14.29 BTC approximately. But I used 100x leverage, so I have 1429 BTC. Then it went to 71k and technically I suppose to make 1k for each BTC. So, I made more than 1 429 000 in profit with only 5 million. If you get almost 1.5 million with 5 million in a short period,,, it’s not bad right?
Now let’s say, BTC went down to 69.5k, I lost 500$ for each BTC. So I lost 1429*500, that means more than 0.715 million. So I still have something like 4.285 million left. Nothing to worry, right?
What if it goes to 63k? I’m losing 7k for each BTC, which is total 103 million. Now, for most retail traders, you will get margin call a lot earlier and broker / platform will keep closing out all your orders and you may lose all your deposited money or at least 50% (if they close on -50% P/L).
For institutional traders or professional classified traders, broker will call, “Sir, you have negative balance in your account, please deposit 98 million or more.” Then they’ll say, “ No worries, I’m putting 495 million more to increase margin.” Either they can deposit or wait 1 month to get negative balance positive (as BTC price increases), as most brokers gives 1 month time.
Now, say, is Future / Leveraged Trading for poor people or rich people?
Poor people, let’s say he has only 10k and he will make a order with 100x leverage and eventually lose all his money on Margin Call. (For poor people, it’s not actual call or warning, so I would say Margin Trigger)
Man! Trade with your money on spot if you don’t have much. Leveraged trading, the way you use it, is clear gambling. Either make some or lose all!
In the last 24 hours, three major Ethereum investors transferred 32,527 ETH to different exchanges, worth a total of approximately $109 million.
These movements led to speculation about whether investors found the recent correction in Ethereum price sufficient.
Large Volume Ethereum Transfers:
The first transfer was made to the Kraken exchange from a wallet thought to belong to iExec RLC and contained 12,500 ETH worth $41.7 million.
In the second transfer, a whale wallet sent 11,600 ETH worth $39.1 million to the Binance exchange. This wallet had previously transferred large amounts of ETH to Binance and had recently withdrawn USDT worth $80 million.
The third and final transfer was made from a wallet belonging to Metalpha to Binance and contained 8,427 ETH worth $28.2 million.
Speculations Continue in the Market These large volumes of transfers occurred following the decline in Ethereum's price and were interpreted in different ways by market participants. Some interpreted these moves as a sign that investors viewed the current price levels as suitable for selling.
However, these transfers can also be seen as an indication of the continued interest of major investors in the Ethereum ecosystem. The Ethereum network and ETH remain important elements of the cryptocurrency market, and such major movements reflect the dynamic nature of the market.
In 2024, memecoins were one of the best performers among speculative cryptocurrencies. However, earnings at the beginning of the year diminished with market fluctuations, increasing concern about losses among investors.
Pepe and Dogwifhat Worry Their Investors The cryptocurrency market experienced a severe correction between March 18 and 19, losing more than $230 billion in value. This has led to decreased interest in memecoins and increased investors' doubts about their future performance. Investors are warned to be careful for altcoins such as Pepe (PEPE) and Dogwifhat (WIF).
PEPE has recently surged over 500 percent, but has lost momentum and bearish risks have emerged. There is concern that without a concrete use case, PEPE may lose important support levels and experience sharp declines in value.
WIF, on the other hand, has gained over 600 percent in the last 30 days, but investors may be tempted to realize their profits, which could lead to liquidity shocks and price declines. Support levels for WIF are being tested and if they cannot be maintained, a major collapse could occur.
Speculative Attractiveness of Memecoins The appeal of Memecoins comes from the prospect of selling at a higher price to the next buyer, referred to as the “great fool theory.” While this situation carries high risks, it is possible for prices to rise again with the support of celebrities. During periods of increased market volatility, staying away from speculative assets such as PEPE and WIF can prevent significant losses.
NB: With all this being said , I suggest personally that you buy coins with real long term value like #Sol #Eth #Btc and if in the future more money flows into the market, the meme coins would be back. They’re several other tokens with real use and value besides these one i mentioned above. So always DYOR.
Let me analyse the BTC price without chart. Imagine, you know, something gonna worth 100k in few months. Current price is 71k. Now if you get a chance to buy the same stuff at 60k, will you wait till it go 45k?
Nope.
Maximum you can wait till 55k. People will rush to buy at that low price.
So there is a low chance that BTC will touch 45k. Do you think MS and BR, who bought BTC at price of 55k-65k on average, will be selling the coins at 45k? Answer is no!
Now if you are paying with features / leverage than off course you need to be concerning about this. If you think this can ruin your life, just close the trade. Sometimes, we have to take lose for better gains. I made a post that, most dumbest things one can say “You won’t lose anything, if you don’t sell.” In fact this was never meant for trading with leverage.
Yes, for long term holders or short term spot traders, it’s nothing. Short term holders know that if they hold, the price will go back to 70k. Maybe it can be quick or maybe it can take 2-3 months. For long term holders, they will hold the crypto for at-least 5 years any way. They know BTC is the next world currency as USD is dying.
But today looks good as market went back to same state as the day before yesterday. Eventually, we will see coins reaching new heights.
For me, when market crashes it’s an opportunity. The issue is people likes to trade with leverage. But without professional expertise, trading with leverage on Binance Features or any other platform is like gambling.
Let me explain what is going on now, it’s called Sales in a simple word.
These tokens are being sold at cheaper prices to whales and retail investors who bought earlier at a higher price would easily fall a victim of selling off their tokens in loss.
If you bought at a higher price last week or earlier this week, this a very wrong time to sell a dime. Rather you should be buying more with dollar cost averaging. More blood will flow this week so be prepared for it.
But after this, there will be a huge pump and those who have ran away from the market or sold in loss might not even catch it and they’ll end up regretting. Be strong and buy more if you can.
THE BEST TIME TO #BUY IS WHEN THERE IS #BLOOD IN THE STREETS.
Dip market is good for buying crypto. But you need to make sure you get maximum profit. I usually follow cost averaging swing trade strategy. Swing trading is usually for sort term trading. Instead of getting entry at once, we enter slowly in different price points when we know market will rebound. But now, you will see all long term investors are following this strategy. For investors, the method is popular as Cost Averaging (CA) or DCA (Dollar Cost Averaging). Now we need to know when this str
A guy lost 2,793 $SOL yesterday trading $SLERF Today, he spent another 19,133 SOL to buy $SLERF again at $1.17 You know what we will always say ? Do not fight the market , learn to cut your losses and move on, this is cryptocurrency, we have an endless opportunities to recover all we have lost Do not FOMO FOMO is an enemy of your capital. Like,share and Follow #HotTrends #SLERF #write2earn
What is #HALVING and how it might double Bitcoin’s price? Companies are buying Bitcoin, but why? Isn’t there a dip coming?
Well, let’s reveal the mystery.
Halving means a reduction by half. No, don’t worry! The bitcoins in your wallet, won’t get halved. Bitcoin had a function, with this, it kept reducing the mining rewards by half after a specific number of blocks (of transactions).
Let’s learn how “The Bitcoin Cycle” works.
When you are sending your Bitcoin to buy your favorite NFT, you just enter the receiver wallet address and then forget and start scrolling Facebook. You don’t know what is happening behind the scenes.
You check after a while and still see the NFT marketplace is waiting for 3 confirmations. Then you search for Blockchain Explorer, enter the wallet address or transaction ID, and find that only 2 confirmations are made.
Who is making the confirmation? Who is behind the whole Bitcoin system? My dude, there is no central server. There are thousands of dudes like you, who are buying graphics cards and powerful cpus like you, but not for gaming like you, for mining . No, I’m not talking about Minecraft. They are mining Bitcoin!
There are thousands and thousands of miners, who set up thousands of server computers to mine Bitcoin. They calculate transactions and blocks, providing safety and stability to the blockchain of Bitcoin. Obviously, Their mom and dad aren’t happy, but why should they care? They are greeting fresh Bitcoins in their wallet as a reward.
Okay, so BTC halving means, dude you will still pay the same network fee while buying Dinosaur NFT or Monkey NFT. But our heroes, miners will get half of the purest Bitcoin they used to get. So in a few years, Bitcoin volume will be half. That means the price will become 2x. #write2earn #bitcoin
You must understand one thing: your first goal when investing should not be to win, but rather to not lose. Before trying to win, try not to lose. Seems stupid, but it's much harder than you think, because it involves avoiding many traps made exclusively for beginners.
I'll list a few traps for you and explain why you shouldn't fall into them:
1. Don't try Futures trading. You'll lose your money without a doubt because you're simply not a trader. People will make you believe that trading is easy, but it's totally the opposite. Trading is an extremely difficult activity that requires vast experience; your few weeks of experience won't make you profitable.
2. Don't follow people who give you buying signals. These people will make you lose your money in 95% of cases. They have partnerships with crypto projects and will promote a cryptocurrency only because they are paid to do so. They haven't invested in this cryptocurrency themselves because they know perfectly well that it relies solely on influencers who promote it, and therefore its price can drop by -99.9% overnight.
3. Don't listen to the masses. The masses are always wrong; the market is always right. When you hear a lot about a cryptocurrency, know that it's already too late to buy and it's time to sell if you already have it. I'm talking about $SHIB, $DOGE, etc., but this applies to all cryptocurrencies throughout the bull run.
4. Invest amounts that don't put you in psychological difficulty. If you have $10,000 in your bank account, don't start with more than $500. Otherwise, you'll be overwhelmed by your emotions and you'll inevitably lose everything. I hope some will apply these tips.
This publication reflects only my opinion. Thank you for reading.
let’s talk about ETH #ETF and how this can be a profitable approach.
We all know about BTC ETF, big companies like BR and VG is pushing crypto by introducing BTC ETF.
Let’s understand how this work. I cannot give examples of another company due to copyright, so let’s give example of our company.
When a person, comes with a specific amount of money, let’s say 100k USD, either directly to our office, or video consultation with our AM department or on our AI powered website, we ask them 4 common questions .
1. Total project investment amount in a year. 2. Estima
Many people think I lack IQ, so I bought 1 million and will buy few millions more if it’s keep going down.
Lol, that was a Joke. I have enough IQ. More than I actually need.
But why I’m buying AI coins now? I always suggested you guys to buy shit coins like DOT, TRX, XRP, ID (don’t buy now, I’m also out with 50-60% profit), LINK (wait for dip again). You all know guys, I say all coins shit except BTC and ETH.
Recently, a news went viral, Coinbase warned people about the bubble of AI coins. So good AI coins which was up and up now getting down.
Well, my friend, I’m applying swing trade strategy for AI coins, reducing the risk even though AI coins are high volatile. Mostly due to high market supply and very less in value making them super shit coin.
As long as they are not meme coin, I’m fine. Although kinda act like Meme. See the name IQ.
I’ll share some more AI coins after bagging up some for mine. Because when I share, damn, you start buying at once, like it’s a short time signal. You buy at High Price, without waiting for dip and say “why DOT is negative 🥹? Why UNI is negative? Why? Should I die?”
Man! But slowly in dip, let other enjoy it too. Don’t always support the developers. When you panic the developers wins!
When I said, my company is building same infrastructure like ID, (obviously it’s a profitable model, will have huge use case in feature), you pumped it hard giving it more and more market share. 😒
Sell before February 2025, or I’ll dump it hard and you all will lose your gains.
Let’s come to the point. Why I’m buying AI coins while Coinbase is telling not to? Because, as I’ve been teaching you since 3 days, all news are not true.
What happened is, another AI running on blockchain, which is very similar to SNIPER 3.0 which we are planning to broadcast on blockchain, revealed some manipulation done by Coinbase. The coin went up soon after this. Coinbase is now in IDF mode.
#AltSeason is coming, Binance announced #HotTrends , steal it. #Write2Earn