LIVEClemente Schuhmacher Gxpv
@Square-Creator-7fca40add1e1
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Looking at $ENA 's weekly chart, $HMSTR is giving me a lot of hope.
DYOR btw it's not a buy recommendation
DYOR btw it's not a buy recommendation
$HMSTR is one of the most hated coins ever.
It will either fail miserably or give massive returns to the very few holders and accumulators who kept the faith till the end.
Which side are you on?
It will either fail miserably or give massive returns to the very few holders and accumulators who kept the faith till the end.
Which side are you on?
If your trade went wrong in $BETA or in any other coin, zoom out and look at it on a weekly time frame.
The bigger picture always gives hope. 🙂
The bigger picture always gives hope. 🙂
Explaining this label on the $SXP coin:
"Tokenomics" is a term combining "token" and "economics," and it refers to the economic design and structure of a cryptocurrency or token.
Tokenomics includes how the token is created, distributed, managed, and its role in the broader ecosystem.
This involves factors like:
- Token supply: Total supply, circulating supply, and any deflationary/inflationary mechanisms.
- Distribution model*: How tokens are allocated (e.g., to early investors, development teams, or community incentives).
- Utility: The purpose of the token, such as governance, staking, or transaction fees.
- Incentives: How holders are rewarded, including staking rewards, burn mechanisms, or dividends.
When Binance says a coin has undergone "significant tokenomics changes," it could mean there have been major adjustments to the coin’s supply, distribution model, burn rate, staking rewards, or other economic features.
Such changes can significantly impact the coin's price, supply, demand, and overall stability, leading to potential volatility.
"DYOR" (Do Your Own Research) is a reminder for traders to understand these new changes and their implications before investing, as it’s a risk that needs personal assessment.
"Tokenomics" is a term combining "token" and "economics," and it refers to the economic design and structure of a cryptocurrency or token.
Tokenomics includes how the token is created, distributed, managed, and its role in the broader ecosystem.
This involves factors like:
- Token supply: Total supply, circulating supply, and any deflationary/inflationary mechanisms.
- Distribution model*: How tokens are allocated (e.g., to early investors, development teams, or community incentives).
- Utility: The purpose of the token, such as governance, staking, or transaction fees.
- Incentives: How holders are rewarded, including staking rewards, burn mechanisms, or dividends.
When Binance says a coin has undergone "significant tokenomics changes," it could mean there have been major adjustments to the coin’s supply, distribution model, burn rate, staking rewards, or other economic features.
Such changes can significantly impact the coin's price, supply, demand, and overall stability, leading to potential volatility.
"DYOR" (Do Your Own Research) is a reminder for traders to understand these new changes and their implications before investing, as it’s a risk that needs personal assessment.
* Correction: This is not $HMSTR , it's a different Hamster coin's top 10 holdings, not listed on Binance *
11 Red Flags of a Crypto Currency you should Never Buy
1. Lack of a Clear Purpose or Utility
Legitimate cryptocurrencies like $BTC $ETH and $SOL usually have a clear purpose, such as solving a specific problem or enhancing an existing blockchain.
Projects without a clear roadmap or purpose are often just looking to capitalize on hype.
2. Anonymous or Unverifiable Team
Look for a team with experience and transparency. Anonymous teams, or those with unverifiable members, could indicate a scam, as it’s harder to hold them accountable.
3. Promises of G
Legitimate cryptocurrencies like $BTC $ETH and $SOL usually have a clear purpose, such as solving a specific problem or enhancing an existing blockchain.
Projects without a clear roadmap or purpose are often just looking to capitalize on hype.
2. Anonymous or Unverifiable Team
Look for a team with experience and transparency. Anonymous teams, or those with unverifiable members, could indicate a scam, as it’s harder to hold them accountable.
3. Promises of G
Data to look at before Buying a Crypto Currency
When buying cryptocurrency, there are several key data points to analyze. Here’s a breakdown:
1. Market Capitalization
It indicates the coin's size and market position.
- Example: Bitcoin ($BTC ) has the largest market cap, signaling stability and popularity compared to smaller coins like Chainlink ($AST ).
2. Trading Volume
High trading volume indicates liquidity, making it easier to buy and sell without large price swings.
- Example: Ethereum ($ETH ) often has high daily trading volume,
1. Market Capitalization
It indicates the coin's size and market position.
- Example: Bitcoin ($BTC ) has the largest market cap, signaling stability and popularity compared to smaller coins like Chainlink ($AST ).
2. Trading Volume
High trading volume indicates liquidity, making it easier to buy and sell without large price swings.
- Example: Ethereum ($ETH ) often has high daily trading volume,
Protecting Yourself from Rug Pulls in Crypto:
The crypto world offers exciting investment opportunities, but it’s also vulnerable to scams, with rug pulls being one of the most common.
A rug pull happens when developers of a cryptocurrency project suddenly withdraw all funds and vanish, leaving investors with worthless tokens.
This type of exit scam has caused significant financial losses, especially in DeFi (Decentralized Finance) and new token launches.
Here is how to protect yourself from rug pulls:
1. Do Thorough Research:
- Check the background of the team. Anonymous or new teams increase the risk of a rug pull.
- Look for a detailed whitepaper and a clear roadmap. Legitimate projects are transparent about their goals and technology.
2. Check for Locked Liquidity:
- In legitimate projects, liquidity is often locked for a set period to reassure investors. Look for proof of liquidity locks, as unlocked liquidity lets developers cash out at any time.
3. Examine the Tokenomics:
- High developer allocations or too many tokens held by the team are red flags. Disproportionate control can lead to large sell-offs, tanking the token's value.
4. Be Wary of Unrealistic Promises:
- Claims of guaranteed returns or rapid growth are often red flags. Scams tend to capitalize on FOMO (fear of missing out) by promising huge gains quickly.
5. Use Trusted Platforms and Audits:
- Some platforms, like Uniswap, have been targeted for rug pulls due to the ease of listing new tokens.
Stick to exchanges that require more rigorous project vetting and look for projects that have been audited by reputable firms.
Stay Informed and Vigilant
While cryptocurrency is a new frontier, it also comes with real risks.
Always stay informed, do your research, and remember: if it sounds too good to be true, it probably is.
The crypto world offers exciting investment opportunities, but it’s also vulnerable to scams, with rug pulls being one of the most common.
A rug pull happens when developers of a cryptocurrency project suddenly withdraw all funds and vanish, leaving investors with worthless tokens.
This type of exit scam has caused significant financial losses, especially in DeFi (Decentralized Finance) and new token launches.
Here is how to protect yourself from rug pulls:
1. Do Thorough Research:
- Check the background of the team. Anonymous or new teams increase the risk of a rug pull.
- Look for a detailed whitepaper and a clear roadmap. Legitimate projects are transparent about their goals and technology.
2. Check for Locked Liquidity:
- In legitimate projects, liquidity is often locked for a set period to reassure investors. Look for proof of liquidity locks, as unlocked liquidity lets developers cash out at any time.
3. Examine the Tokenomics:
- High developer allocations or too many tokens held by the team are red flags. Disproportionate control can lead to large sell-offs, tanking the token's value.
4. Be Wary of Unrealistic Promises:
- Claims of guaranteed returns or rapid growth are often red flags. Scams tend to capitalize on FOMO (fear of missing out) by promising huge gains quickly.
5. Use Trusted Platforms and Audits:
- Some platforms, like Uniswap, have been targeted for rug pulls due to the ease of listing new tokens.
Stick to exchanges that require more rigorous project vetting and look for projects that have been audited by reputable firms.
Stay Informed and Vigilant
While cryptocurrency is a new frontier, it also comes with real risks.
Always stay informed, do your research, and remember: if it sounds too good to be true, it probably is.
The Hidden Cost of FOMO in Trading:
One of the biggest challenges in trading is battling FOMO (Fear of Missing Out).
It’s that feeling when you see a coin skyrocketing, ($SANTOS for example) and you think,
"If I don’t jump in now, I’ll miss out on huge gains."
FOMO can push us to make impulsive decisions, often without doing proper research or considering the risks.
The truth is, FOMO is a powerful emotion that can cloud judgment.
It can lead to buying at the top, selling at the bottom, or entering trades based on hype rather than solid analysis.
FOMO can make it easy to forget about strategy, risk management, or even our long-term goals — all because of the urge to "catch the wave."
What I've learned (and what I try to remind myself) is that there will always be new opportunities in the market.
Staying grounded, doing thorough research, and sticking to a strategy are the best ways to avoid the costly mistakes that FOMO often brings.
Just a reminder — the market rewards patience and discipline. Don’t let FOMO drive your trades; let logic and research do that. Always DYOR!
$BTC $TROY
One of the biggest challenges in trading is battling FOMO (Fear of Missing Out).
It’s that feeling when you see a coin skyrocketing, ($SANTOS for example) and you think,
"If I don’t jump in now, I’ll miss out on huge gains."
FOMO can push us to make impulsive decisions, often without doing proper research or considering the risks.
The truth is, FOMO is a powerful emotion that can cloud judgment.
It can lead to buying at the top, selling at the bottom, or entering trades based on hype rather than solid analysis.
FOMO can make it easy to forget about strategy, risk management, or even our long-term goals — all because of the urge to "catch the wave."
What I've learned (and what I try to remind myself) is that there will always be new opportunities in the market.
Staying grounded, doing thorough research, and sticking to a strategy are the best ways to avoid the costly mistakes that FOMO often brings.
Just a reminder — the market rewards patience and discipline. Don’t let FOMO drive your trades; let logic and research do that. Always DYOR!
$BTC $TROY
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