The year 2022 – “I will invest now and forget my investments until 2030,” said the average Joe, but ended up checking his crypto portfolio 30 times a day. The 2030 dream didn’t last for 20 or 30 weeks before he sold his holdings in disappointment. The ”I will hold the long term” is just an excuse for “I wish I can be a millionaire this year”.At first glance, the cryptocurrency market seems to be all about glam. News about truck drivers making millions with a $1000 investment provides comfort that anyone can pull off a similar feat. Also, news about the average Joe ‘making generational wealth’ through cryptos, is what could have made you enter the market.Once you’re in the market, reality hits different. It makes you feel you’re just one among the other millions of people out there with the same pipe-dream.The thoughts about ‘why am I not making it, while the others are’ quickly creep in. This one thought is enough to bring you down mentally, and cause financial anxiety as the months’ pass.If you’re a cryptocurrency investor, there’s no way you can escape the- ‘charts, numbers, green, red, dips, bull run, bears’, among others.Accept it, being a crypto investor is stressful and can make you feel like a 50-year-old despite you being 25.The number game can drag you down and mentally block your ability to think about anything else. Happiness now solely gets tied to one single-goal post that is to make money in cryptos. The other things that made you feel happy in life previously take a beating.Crypto stress is sometimes too much to bear as it’s not satisfying your financial aspirations. Here are 3 tips on how to remain calm as a crypto investor and cut through the anxiety.1. Avoid telling your Friends you’ve Invested in CryptoIf you tell you’re friends you’ve invested in cryptos, the topic about it would pop up every time you meet them. This creates further pressure as you now have to explain how the coin is performing. It scratches the surface of your ‘dream to be rich’ and makes you feel annoyed when you get back home.Now think about it, the topic might again repeat next week when you meet them. The process becomes frustrating as you can’t explain that your investments have not reached ‘the moon’ yet.Your investments are yours alone and avoid telling it to the world. This will keep you at peace and you no longer have to explain anything to anyone about your finances.2. Find Something That Makes you HappyRemember how happy you felt when you brought that new shoes of yours or any other thing that matters to you? Unfortunately, that happiness is now solely tied to cryptos only. Untie it, find something that can make you happy and distract you from the market happenings. Search for things that make you happy in different ways and dive towards them.Keep investments as ‘just another part of your happiness’ and not fully centered towards it. This will indeed ease your burden and make you feel mentally free, which is the need of the hour.3. Avoid Checking the ChartsCharts are the first thing you see in the morning, afternoon, evening, and night. We understand it’s extremely hard to resist seeing the charts, (as we do it 13 times a day or more). It adds up to the already pent-up burden on your shoulders.Avoiding the charts can reduce more than half of the stress that plaguing you. It’s the secret recipe to find peace in a world dominated by numbers. If you can get away from the charts and check its price every day, my man, you’ve truly made it in the crypto world.#InvestingAdventure #dyor

When you hold any coin without knowing how to optimize its profitability, coins with staking mechanisms help you generate additional profits while you hold them. So, what is Staking? What are the benefits of staking? Let's find out!
What is Staking?
Staking is the process whereby users commit and lock a certain amount of coins for a period of time to contribute to the system and receive corresponding rewards. The locked coins can be in a personal wallet or on project blockchain nodes. The rewards are proportional to the amount of coins staked and the duration of the stake.
In blockchains that use the Proof of Stake (PoS) consensus mechanism, participants stake their coins in the network to validate transactions and generate new blocks. Rewards, including rewards for new blocks and transaction fees, are then distributed to PoS participants as an incentive for their resource contribution.
What is Proof of Stake?
Proof of Stake (PoS) is based on the idea of allowing participants to commit and lock a certain amount of their coins for a specified period. The protocol randomly selects these participants to confirm the next block. The probability of selection is proportional to the amount of coins they have committed to stake – those holding more coins have a higher chance of validating new blocks.
The production of new blocks through this staking mechanism significantly enhances the scalability of the blockchain network compared to the traditional Proof of Work mechanism. Due to this scalability enhancement, the Ethereum network has planned to transition to using the PoS mechanism in its major upgrade, ETH 2.0.
Classifications of Staking
Staking in PoS Consensus Mechanisms
In the Proof of Stake (PoS) consensus mechanism, participants stake their coins to demonstrate transaction processing capability and generate new blocks. In return, they receive rewards corresponding to their contribution, including block rewards and transaction fees. This staking process directly affects the integrity and efficiency of the blockchain network.
Well-known blockchain projects using the PoS mechanism and requiring staking include TomoChain, IOST, OneLedger (OLT), WAX, Tron (TRX), among others.
Although there are some variations like PoSV, DPoS, they all rely on the core concept of staking coins. In this article, the term “PoS” will be used to represent consensus mechanisms based on staking in general.
Staking for Reward
In some cases, users may stake or lock a certain amount of tokens within a project’s ecosystem. However, this staking does not directly participate in transaction verification or any other tasks on the blockchain network.
Instead, staking tokens here serves a purpose similar to “locking” tokens for a certain period. The longer users lock tokens, the more rewards they receive from the project.
A specific example is staking KCS on an exchange (holding KCS). Users receive additional KCS as rewards, with the amount depending on how long they hold KCS. These rewards are taken from the exchange’s profits and are not related to generating new blocks or transaction fees on the blockchain.
How does Staking Work?
Staking is the process of committing and locking a certain amount of coins for a period of time to receive rewards on blockchain networks using the Proof of Stake (PoS) consensus mechanism or its variants. While Proof of Work (PoW) networks use mining to validate new blocks, PoS networks use staking. This allows for the creation of new blocks without relying on mining activities, and PoS validator nodes are selected based on the amount of money they have committed to stake, rather than competing based on computational power. Generally, those who stake more money have a higher chance of validating the next block. Staking requires participants to commit (and hold) a corresponding amount of coins for a certain period. Each PoS network uses its own type of coin for staking.
The block creation process in blockchain networks is optimized through the staking mechanism, which helps to significantly improve the network’s scalability. For this reason, the Ethereum network has decided to transition from PoW (Proof-of-Work) to PoS (Proof-of-Stake) in its Ethereum 2.0 upgrade.
Who Benefits from Staking
For Participants
Staking offers several attractive benefits to participants (stakers):
Passive income generation and increased coin holdings: This is the most obvious and appealing benefit. Instead of letting coins sit idle on an exchange, stakers can stake them and receive rewards in the form of additional coins. This benefit is particularly suitable for those looking to hold coins long-term. However, it is not suitable for frequent traders.Lower costs compared to Proof of Work (PoW): This is evident when comparing the investment costs of mining equipment (ASICs) to the costs for a high-configured computer. Staking typically requires much lower hardware configuration requirements compared to PoW mining, requiring only a simple computer capable of running a node. Although there are requirements for the amount of coins needed to stake, operating costs are significantly lower than PoW, which requires multiple high-configured mining machines.Security and predictability: The staking process is conducted safely with data backup capabilities. Before starting, stakers can accurately calculate the expected profits from staking as well as the timing of rewards or withdrawals if they wish to stop midway. This helps stakers manage risks and financial planning easily.
For Projects
Staking in PoS is a method that helps platform blockchain projects achieve decentralization for their networks. Power and processing capability are distributed to participating nodes through staking, rather than being concentrated in a small group. This brings several benefits:
Utilizing external resources to operate the network through distributed nodes.Creating incentives to encourage users to participate in the network by receiving rewards when staking, helping to maintain and expand operations.Enhancing network security as its power is distributed among different nodes. This makes it nearly impossible to concentrate enough power to launch an attack.
Risks Associated with Staking
Staking also entails certain risks that participants need to carefully consider:
Coin lockup: During the staking period, the staked coins will be locked. Stakers will not be able to trade or conduct transactions with this amount. Withdrawing all funds (unstaking) early will result in the loss of accumulated rewards.Unstaking time: Even when unstaking, users must wait for a certain period before receiving back the staked amount. This timeframe may not be suitable for other trading opportunities.Price decline risk: The biggest risk is a sharp decrease in the price of the coin during the staking period. Although rewards are received in kind (coins), the actual value may be much lower than the initial investment amount.
For example, stake 1,000 coin X (price $0.1/X) with a 30% annual interest rate. When receiving rewards, you will have 1,300 coin X. However, if the price of coin X drops to $0.07, the value of 1,300 coins will be only $91, lower than the initial investment of $100.
Therefore, these risks need to be carefully considered, such as loss of liquidity, early unstaking fees, and especially price fluctuations. Pricing assets and risk management are crucial for effective staking.
Impact of Staking on Coin Prices
When a blockchain project introduces staking, it affects the circulating supply of that coin. Specifically, the staked coins are locked up for a period, preventing them from participating in trading on the market. This leads to a reduction in the circulating supply.
According to the basic principle of supply and demand, when the supply decreases while demand remains constant, it increases the scarcity of the asset, thereby driving the price higher.
Illustrative example with TOMO coin from the TomoChain project: When staking was introduced in December 2018, approximately 64.5% of the circulating TOMO was staked. The price of TOMO increased by 300% during the subsequent period due to the scarcity of supply.
The price increase resulting from staking led many projects to adopt PoS mechanisms to “appease” the community in the early stages. However, when the supply stabilizes, the price will not continue to rise as initially, and staking will only become a form of investment to hold coins and receive rewards.
Key Parameters to Consider in Staking
Inflation Rate
The inflation rate refers to the amount of new coins generated compared to the circulating supply. In PoS staking, rewards for participants come from transaction fees and newly minted coins, causing inflationary impacts. This rate directly affects the circulating supply and the price of the coin.
Lockup Period
The lockup period is the duration during which coins are locked after staking. Users can typically choose this period from the outset, such as 1 month, 3 months, or 1 year. After this period, they can withdraw the staked amount.
Unlocking Period
Most users can unstake before the lockup period ends. However, they will have to wait for a certain period to receive the staked amount. This rule ensures that the unstaking process does not disrupt network operations.
Staking Interest Rate
The staking interest rate is the reward rate received after a certain period. This is an important factor that participants care about. The higher the interest rate, the more coins they receive.
Minimum Amount
The minimum amount is the smallest amount of coins required to start staking. Different projects will have different requirements.
Coin Age
Coin age refers to the time from staking to when the coin begins to earn rewards. Depending on the project, this time can range from a few hours to a few days.
Weight (Age and Coin Amount)
Weight includes age and coin amount. The higher the weight (more coins and older age), the greater the likelihood of receiving rewards. This factor directly affects the profitability of staking.
How to Maximize Profit from Staking?
Based on the factors affecting staking mentioned above, you can adjust them to achieve maximum rewards and profits. This section will guide you through the steps.
Selecting the Appropriate Method
First, determine your needs and the amount of coins you have:
For Small Amounts (Not Enough to Run a Node/Masternode): The optimal option is to participate in voting or stake in existing nodes to receive rewards. You can stake directly in your wallet or supported exchanges.For those looking to hold small amounts long-term, staking will help increase the coin balance over time.For Large Amounts: In addition to applying the above method to maintain liquidity, you can also run a node/masternode to directly participate in validation and block creation, receiving higher rewards. However, this method requires higher hardware configuration.
Implementation Steps
Regardless of the method used, you need to follow these steps:
Step 1: Choose a coin with a staking mechanism that suits your needs, budget, and profit expectations by carefully considering factors such as interest rate, inflation rate, and weight.
Step 2: Set up a wallet or prepare your computer configuration ready for staking.
Step 3: Deposit coins into your wallet/computer or exchange to start staking. Ensure that the wallet remains connected to the network 24/7 if using a cold wallet.
Step 4: Wait for the coin to “mature” and start receiving rewards.
Note: To maximize profits, pay particular attention to staking interest rates, inflation rates, prices, and coin weights. These factors determine the final rewards you receive.
Related Terms in Staking
What is Equity Stake?
Equity stake refers to the ownership percentage of shares agreed upon between startups and investors.
The mechanism works as follows: Before raising capital, the startup will price its business valuation. Based on this valuation and the amount of capital that investors commit to invest, they will own a corresponding percentage of shares in the company. When the startup operates profitably, investors will receive profits proportionate to their ownership stake.
What is Binance Staking?
Binance Staking allows users to participate in staking (committing a certain amount of coins) to earn rewards through various products in a user-friendly environment. Examples include Staking ETH 2.0 and Fixed Staking.
Conclusion
Through the article “What is Staking Crypto? Tips to Maximize Profit When Holding Coins“, we have guided you on how to optimize profits when holding a promising coin. So, do you understand what staking is? If not, leave a comment below to have your questions answered!
#bitcoinhalving #BullorBear

The realm of cryptocurrency is dubbed volatile and exciting at the same time. There are times when dependable altcoins fail to perform their best while the underrated gems emerge as the ultimate winners of the race. It can be particularly hard to dissect notable coins that may deliver stable returns as compared to volatile ones, which may steal away all your savings and investments. 
With that thought in mind, here’s our pick of the top three crypto coins that may deliver stabler profits this bull season. 
Top 3 Cryptocurrencies to Hold for Stable Profits (10x) This Bull Season

Cryptocurrency #1: Solana SOL
Solana led the current bull run in all its glory, projecting a stellar price stance. The SOL ecosystem was rife with new presale coins and projects that helped the token sail to new highs. 
The Solana ecosystem has recently deployed a congestion bug fix in its blockchain, which is bound to keep the network from crashing due to heavy traffic and trading. 
This may help Solana onboard new users, as the network is primarily known as a hassle-free, low-cost, effective blockchain in the Web3 vertical. This will help SOL recover all its lost value at a rapid pace, crowning itself as a leading player in the web3 space. 
According to CoinCodex, Solana may experience a notable price surge post-Bitcoin halving. Per CC, SOL may gain 13% to trade at $150 by the end of April 2024. 
“The price of Solana may rise by 13.54% and reach $150.73 by May 18, 2024. Per our technical indicators, the current sentiment is bearish, while the Fear & Greed Index is showing 57 (greed). Solana recorded 15/30 (50%) green days with 9.78% price volatility over the last 30 days.” 
Cryptocurrency #2: Ripple XRP
XRP has long been embroiled with the SEC in a heated legal spat. Despite its sluggish pace and the prolonged legal warfare with the SEC, the token continues to hold its ground steady. XRP’s magical price road is progressing primarily due to Ripple, its parent company, which is relentlessly pursuing monumental new partnerships with leading financial players in the space. 

These new partnerships are key pathways for Ripple to gain further prominence, helping its token XRP to recover its lost fortunes sooner or later. Once the legal warfare with the SEC concludes, XRP may recover and regain its value, which makes it a great asset to hold and explore. 
According to CoinCodex, XRP will gain 15% by the end of April, trading at $0.56 by May 17. 
“The price of XRP may rise by 15.83% and reach $0.568167 by May 18, 2024. Per our technical indicators, the current sentiment is bearish, while the Fear & Greed Index is showing 57 (greed). XRP recorded 14/30 (47%) green days with 7.50% price volatility over the last 30 days.” 
Cryptocurrency #3: Ethereum ETH
Ethereum is dubbed as the second-best cryptocurrency after Bitcoin. With the Bitcoin Halving event knocking on the door, the event may trigger a chain reaction, leading the altcoins to document a notable price spike.
Ethereum might also benefit from this change, assisting the token to seek stability in its price levels.
According to CoinCodex, Ethereum may spike 2% to trade at $3,107 by May 17. The slow yet steady price pace is what promises stable profit margins to its investors in the long term. 
“The price of Ethereum may rise by 2.87% and reach $3,105.24 by May 18, 2024. Per our technical indicators, the current sentiment is bearish, while the Fear & Greed Index is showing 57 (greed). Ethereum recorded 16/30 (53%) green days with 4.90% price volatility over the last 30 days.”
#BullorBear #bitcoinhalving

To effectively participate in cryptocurrency trading and storing digital assets, reputable cryptocurrency exchanges are indispensable. Let's explore the six most reputable cryptocurrency exchanges.
What is a Cryptocurrency Exchange?
A cryptocurrency exchange is not only a place where users can buy, sell and trade cryptocurrencies such as Bitcoin, Ethereum, Litecoin and many others. It provides a secure and reliable platform for users to conduct cryptocurrency transactions, where each transaction is verified and tracked through blockchains.

What is a Cryptocurrency Exchange?
Furthermore, crypto exchanges also provide features such as cryptocurrency wallet management, transaction statistics, and financial support. In summary, crypto exchanges play an important role in trading coins and contributing to the development of the cryptocurrency market.
In contrast to the traditional financial market like the stock market, crypto exchanges are usually large companies operated and closely managed by the government. In the crypto world, there are two types of exchanges: Centralized Exchanges (CEX) and Decentralized Exchanges (DEX). These are two types of exchanges with the meaning of centralized and decentralized exchanges. You can read more about what a DEX is to understand this type of exchange more deeply.
Criteria for Evaluating a Reputable Crypto Exchange
To start choosing a reputable, safe and suitable crypto exchange, we need to have criteria to evaluate and compare crypto exchanges. There are many criteria for evaluating a crypto exchange, but we can refer to some criteria from Coinmarketcap:
Number of website visits to the exchange: The monthly website visits of the exchange compared to other competitors.
Trading volume of the exchange: The trading volume on the exchange is a big plus when choosing.
Does the exchange provide Proof of Reserve: Recently, the term Proof of Reserve has been mentioned about the reserve funds of the exchange after the collapse of FTX.
Quality of customer support: The exchange must have a good customer support team and be able to resolve user issues quickly and effectively.
Number and types of cryptocurrencies: The exchange needs to have a variety of cryptocurrencies and trading pairs for users to trade easily.
Top 6 exchange
Binance
Introduction to Binance:
Binance is a cryptocurrency exchange founded in 2017 and has quickly become one of the largest and most reputable exchanges in the world.
Binance supports the trading of over 600 different cryptocurrencies, with popular trading pairs such as BTC/USDT, ETH/USDT, BNB/USDT, etc.
This exchange provides advanced trading features such as margin trading, futures, options, interest-bearing deposits, etc.
Binance has a convenient mobile app and is highly regarded for its safety, security, and liquidity.
Advantages of Binance:
Diverse product portfolio: Binance supports the trading of over 600 different cryptocurrencies, provides advanced trading tools like margin, futures, options.
Competitive trading fees: Trading fees are usually from 0.1% to 0.5% of the transaction value, much lower than many other exchanges.
High liquidity: Binance is one of the exchanges with the highest liquidity in the world, helping to increase the liquidity of cryptocurrencies.
Safety and security: Binance has a highly rated security system, helping to protect user accounts.
Convenient mobile app: Binance’s mobile app is optimized, allowing trading on all platforms.

Disadvantages of Binance:
Overly focused on large cryptocurrencies: Binance tends to prioritize large cryptocurrencies like BTC, ETH, BNB, while smaller cryptocurrencies may be overlooked.
Limited information transparency: Some information about Binance’s operations and management is not fully disclosed.
Potential legal risks: Binance is facing some legal issues in certain countries, which may affect the exchange’s operations.
Coinbase
Introduction to Coinbase:
Coinbase is one of the largest and most reputable cryptocurrency exchanges in the world, founded in 2012.
This exchange allows users to buy, sell and store popular cryptocurrencies like Bitcoin, Ethereum, Litecoin, etc.
Coinbase is headquartered in the US and operates in over 100 countries worldwide.
Coinbase provides basic trading features such as buy/sell, transfer, wallet management, etc.
Advantages of Coinbase:
Reputation and safety: Coinbase is considered one of the safest and most trustworthy exchanges.
User-friendly: Coinbase’s user interface is very simple and easy to use, suitable for new users.
Good customer support: Coinbase has a professional customer support team and responds quickly.
Diverse payment methods: Users can use various payment methods such as credit cards, bank transfers, etc.
Disadvantages of Coinbase:
High trading fees: Coinbase’s trading fees are usually higher than other exchanges.
Limited features: Coinbase only provides basic trading features, fewer advanced features than other exchanges.
Limited cryptocurrency selection: Coinbase only lists a few popular cryptocurrencies, while other exchanges have a wider selection.
Legal risks: Coinbase has faced some legal issues in certain countries, which may affect the exchange’s operations.

Bybit
Introduction to Bybit:
Bybit is a cryptocurrency exchange founded in 2018, headquartered in Singapore.
Bybit specializes in derivative products such as futures and options on major cryptocurrencies like Bitcoin, Ethereum, Solana, etc.
Bybit offers advanced trading features such as margin trading, leverage, stop loss, take profit, etc.
This exchange has high liquidity and large trading volume, especially in derivative products.
Bybit has a mobile app and web platform that are user-friendly.

Advantages of Bybit:
Diverse derivative products: Bybit specializes in trading cryptocurrency futures and options.
Advanced trading tools: Bybit provides advanced trading features like margin, leverage, stop loss, etc.
Good liquidity: Bybit has large trading volume, especially in its derivative products.
Convenient mobile app: Bybit’s mobile app is highly rated for its features and user experience.
Competitive trading fees: Bybit’s trading fees are usually lower than other exchanges.

Disadvantages of Bybit:
Focused on derivatives, fewer spot products: Bybit mainly offers derivative products, with fewer spot trading (buy/sell) options.
Less well-known: Compared to larger exchanges like Binance, Coinbase, Bybit is still not as widely known.
Legal risks: Bybit is facing some legal issues in certain countries.
Fewer advanced security features: Compared to larger exchanges, Bybit has fewer advanced security features.

OKX
Introduction to OKX:
OKX (previously OKEx) is a global cryptocurrency exchange, founded in 2017 with headquarters in Seychelles.
OKX offers a range of cryptocurrency products and services such as spot trading, derivatives trading (futures, swaps, options), staking, lending, and many other features.
This exchange supports the trading of over 400 different cryptocurrencies, including major ones like Bitcoin, Ethereum, Litecoin, Polkadot, etc.
OKX has a mobile app and web interface that are considered user-friendly and intuitive.
This exchange is regarded as one of the largest and most reputable cryptocurrency exchanges in the world.

Advantages of OKX:
Diverse product offerings: OKX provides a wide range of cryptocurrency products, from spot trading to various derivative instruments.
Advanced trading features: The exchange offers sophisticated trading features like leverage, margin trading, stop loss, etc.
High liquidity: OKX has high liquidity, especially in its derivative products.
User-friendly interface: The mobile app and web interface of OKX are rated as easy to use.
Reputation and safety: OKX is considered a safe and reputable exchange.

Disadvantages of OKX:
Legal risks: OKX has faced some legal issues in certain countries, which may affect the exchange’s operations.
Trading fees not as competitive: The trading fees on OKX may be higher compared to some other exchanges.
Limited advanced security features: While reputable, OKX still lacks some of the more advanced security features of larger exchanges.

BingX
Introduction to BingX:
BingX is a cryptocurrency exchange based in Singapore, established in 2017.
The platform provides a multinational trading platform for investors and users worldwide.
BingX primarily focuses on offering safe and convenient cryptocurrency trading services.
With BingX, users can experience a variety of trading pairs, from popular coins like Bitcoin and Ethereum to emerging coins.
Additionally, BingX offers supporting services such as secure storage and convenient payments, helping users manage their cryptocurrency assets effectively.
Advantages:
Safety and security: BingX implements advanced security measures to ensure the safety of users’ accounts and data.
Diverse cryptocurrencies: The exchange supports various types of cryptocurrencies, allowing users to trade with more favorable pairs.
Fast transactions: BingX provides fast and efficient transactions, enabling users to conduct trades conveniently.
Customer support: The exchange offers professional customer support services, assisting users in resolving technical and financial issues promptly.

Disadvantages:
Transaction fees: BingX may apply relatively high transaction fees, especially for users who frequently perform large trades.
User interface: Some users find BingX’s interface unfriendly and difficult to use, especially for beginners.

MEXC
Introduction to MEXC:
MEXC was established in 2018 and is headquartered in Singapore.
MEXC provides a safe and reliable trading platform for users worldwide.
It offers a variety of cryptocurrency trading pairs and professional trading services, including spot trading, leveraged trading, and staking platforms for investors.
MEXC is also known for supporting many types of cryptocurrencies and new tokens, providing a broad playground for users to participate in the cryptocurrency market.
Advantages of MEXC:
Diverse trading pairs: MEXC offers a wide range of cryptocurrency trading pairs, from popular coins like Bitcoin and Ethereum to emerging coins.
User-friendly interface: MEXC provides a user-friendly and easy-to-use interface, allowing users to conduct trades conveniently.
High security: MEXC emphasizes protecting users’ information and assets by implementing strict security measures and utilizing blockchain technology.
Customer support: MEXC continuously improves its customer support system to meet users’ needs and address any inquiries.
Disadvantages of MEXC:
Fierce competition: MEXC faces fierce competition from other cryptocurrency exchanges in the market.
Payment and withdrawal limitations: Some countries may encounter restrictions on payments and withdrawals when using MEXC, affecting users’ trading experience in these regions
Note on Risks When Participating in the Crypto Market
The cryptocurrency market certainly contains many risks, but also tremendous profit potential. Many new investors have joined, however, they have not really understood and prepared fully for the potential risks involved. Here are some key risks to be aware of when participating in the cryptocurrency market:
Risks from fraud, scams: Many new investors are easy prey for scammers. Incidents like demanding passwords, transferring funds to unknown addresses are signs that require caution.
Risks from exchange insolvency: While rare, the collapse of a large exchange like FTX has caused many investors problems when they could not withdraw their funds. Therefore, it is important to choose reputable exchanges with a good reputation.
Risks from low liquidity: This risk is often overlooked, but can cause significant losses. When trading cryptocurrencies with low liquidity, the spread between buy and sell prices can be very large, leading to significant losses.
To mitigate these risks, investors need to equip themselves with sufficient knowledge, be careful in choosing exchanges and investment assets. In addition, portfolio diversification and risk management are also important factors. The cryptocurrency market contains many opportunities, but awareness and proper preparation for risks are the keys to participating safely and effectively.
Conclusion
Through the article “Top 6 Most Reputable Cryptocurrency Exchanges” has it helped you find a suitable cryptocurrency exchange? If not, please leave a comment below and I’ll be happy to help answer your questions!
#BullorBear #bitcoinhalving

April has been one of the most significant months for the cryptocurrency market to have experienced in a long time. While Bitcoin climbed and broke through the $70K price ceilings, altcoins, and meme currencies exploded, then fell back, and later stabilized to touch new price thresholds. Similarly, the geopolitical tensions added more flavor on top, triggering a wave of sharp price volatility to sweep away the crypto market gains.
However, the volatility and price fluctuations could not last for long as the market gradually recovered its pace. The coins under $10 notably spiked ahead, and this is precisely why we’ve curated an article helping you pick the best of April Cryptocurrency Buys under $10.
Top Crypto Coin Purchases Under $10 That Can Fetch You Great Profits
#1: Cardano
Cardano (ADA) has dropped significantly to touch a new low of #0.46 at press time. However, its sudden price drop is being viewed positively by many crypto analysts. Trend Rider, a notable crypto analyst on X, shared how ADA’s current price drop is hinting toward a stunning future price breakout.
“If history repeats itself, we might be on the cusp of $ADA ’s ultimate support test before skyrocketing. Recall October 2020? The price dipped to $0.10 before soaring to $3. With a bullish RSI crossover and retest, are we gearing up for another parabolic move?”
🚨 Attention $ADA Holders!
If history repeats itself, we might be on the cusp of $ADA 's ultimate support test before skyrocketing.
Recall October 2020? The price dipped to $0.10 before soaring to $3.
With a bullish RSI crossover and retest, are we gearing up for another… pic.twitter.com/by2s3Gq71O
— Trend Rider (@TrendRidersTR) April 16, 2024
Notable crypto analytics platform Coinpedia echoes similar projections for the ADA. Per Coinpedia, Cardano is expected to regain some of its strength post-April 22, hopping to a new price level of $0.84 by the end of the month.
“Should ADA maintain its current momentum, there’s a strong possibility of an upward breakout, driving the price toward the $0.84 peak, representing a significant 25% increase. Conversely, if the trend reverses, ADA might revisit the 50% Fibonacci level, testing its resilience again.”
#2: MATIC
Polygon’s MATIC is gratefully weathering the current crypto market volatility with much grace. The token has become an investor favorite, with traders busy buying the dip at an aggressive rate. More than 1.8 million MATIC tokens have been purchased by Whales, denoting a wave of bullish streaks projected for MATIC to encounter soon.
Per Coinpedia, MATIC may surge and trade at $1 after experiencing minor price hits and dips this month.
“The lower high formation continues for Polygon and warns of a drop to $0.50 if the market fails to recover. However, a bullish recovery with Bitcoin Halving can boost the market price back above $1. This could revive the possibility of a new uptrend and a bullish breakout of the long-coming support trendline.”
Which #altcoins did whales buy after the market dropped?
We noticed a fresh wallet withdrew $17.43M #altcoins from #Binance in the past 3 hours, including:
48,922 $AVAX($1.86M)
621,003 $FET($1.45M)
5.14M $GRT($1.44M)
1.9M $MATIC ($1.41M)
532,444 $OP($1.29M)
135,751 $RNDR($1.26M)… pic.twitter.com/peeRi3E3nR
— Lookonchain (@lookonchain) April 15, 2024
#3: Dogecoin
The OG crypto meme token Dogecoin has always been the talk of the town, primarily due to the frequent Doge endorsements made by Tesla CEO Elon Musk. With Coinbase announcing its foray into doge-inspired futures, Dogecoin has ascended to a new status threshold, with its price projected to reach new price milestones soon.
Top Trending #Memecoins Today on #CoinpediaMarkets 🔥
Which memecoin is your fvt?? 💥
1.Dogecoin ( $DOGE )
2.Catcoin ( $CAT)
3.Brett ( $BRETT)
4.BabyDoge Coin ( #BABYDOGE )
5.Dogwifhat ( $WIF)
6.Pepe ( $PEPE)
7.Bonk ( $BONK)
8.Ponke( $PONKE)
Track here: https://t.co/GE1VN6hX5m pic.twitter.com/G0Yph8OwmP
— Coinpedia Markets (@MarketCoinpedia) April 16, 2024
According to Coinpedia, Dogecoin may trade at a potential high of $0.20 by the end of this month.
“With a 14% jump last week and a 4.36% rise in the first half of this week, the SHIB price offers a breakout entry opportunity. Considering the uptrend sustained above the 23.60% Fib level this week, a bull run to the 38.20% level at $0.25 seems feasible.”
#bitcoinhalving #BullorBear

The highly anticipated Bitcoin halving event draws near, set to occur on April 20, 2024, according to Watcher.Guru’s active tracking. The cryptocurrency community is abuzz with speculation about the potential impact on various digital assets following the event.
Among the coins garnering significant attention is Ethereum (ETH), the second-largest cryptocurrency by market capitalization. Many enthusiasts and investors are now pondering whether ETH has the potential to reach its all-time high of $4,891.70 in the aftermath of the halving.
The Bitcoin halving, which takes place approximately every four years, has historically been a catalyst for substantial growth across the cryptocurrency market. This event reduces the reward for mining new Bitcoin blocks by 50%, thereby reducing the supply of new Bitcoins entering circulation.
A surge in Bitcoin’s price often results from this reduction in supply and steady or increasing demand. This has positively influenced the broader crypto market, including altcoins like Ethereum.
Changelly Analysis Predicts Significant ETH Price Increase
According to a recent analysis by Changelly, a prominent cryptocurrency data provider, Ethereum could hit $3,171.61 on April 21, 2024, just one day after the Bitcoin halving.  
Furthermore, Changelly’s long-term forecast for Ethereum is even more promising. The analysis indicates that by June 2025, ETH could potentially reach $4,964.07, surpassing its previous all-time high and setting a new record for the cryptocurrency.
In addition, Changelly has also provided their insights on Ethereum’s potential price trajectory for April 2024.
Based on the price fluctuations observed at the beginning of 2023, these experts expect the average ETH rate to be $3,139.16 in April 2024. They have also provided a range for ETH’s minimum and maximum prices, with $3,088.52 and $3,189.79, respectively.
These predictions still indicate a significant upside potential for Ethereum in the coming year. As the Bitcoin halving approaches and market sentiment remains bullish, many believe that ETH is well-positioned to benefit from the anticipated market-wide growth.
#BullorBear #ATH.

After immense presale success, Dogecoin20 now looks toward its IEO, set to take place on Doge Day (April 20).
The team has also just announced an adjusted presale token claim date, bringing it forward due to overwhelming demand. It will now occur on April 18.
Dogecoin20’s presale is now sold out, but investors can purchase on launch day before exchange listings from the dogecoin20.io website.

How to Claim Dogecoin20 Token
For Dogecoin20 presale buyers, employing best security practices amid the token claim event is crucial.
Given the presale’s spectacular success, the campaign is surrounded by a great deal of hype, which is likely to attract the attention of bad actors and impersonators who will try to scam users.
Therefore, several security principles must be followed. Firstly, presale buyers should only click links from the official Dogecoin20 social media channels.
You can find the official channel links below:
Twitter: https://twitter.com/DOGE_COIN20
Also, be aware that bad actors may impersonate the official Dogecoin20 social media accounts and could DM you or reply to the official Dogecoin20 tweets. 
The Dogecoin20 team will never direct message you first. If you have been messaged by someone claiming to be from the team, you should report the account and not click any links.

Another potential risk is that bad actors could create “copycat” tokens with the same ticker symbol and logo as the Dogecoin20 cryptocurrency. Purchasing these tokens would result in losses, so retrieve the Dogecoin20 token address from the project’s official website.
When claiming or trading your DOGE20 tokens, it is critical to never share your seed phrase and check social media before interacting with any decentralized applications to ensure the protocol is not compromised.
And even with these steps, there remains the risk of exploits or losses. As such, you should stay vigilant and always exercise caution.
The Next 100X Meme Coin?
Dogecoin20 has enjoyed unprecedented presale success, raising over $10 million in its first week. Now, with its exchange launch just two days away, traders are optimistic that it is also primed for an explosive IEO.
Prominent low-cap gem hunter Jacob Bury recently covered the project in a video, speculating it could be “the best crypto to buy now” and “a new 100x potential crypto.”
Bury has been an early proponent of other uber-successful presale meme coins like Smog. Indeed, that meme coin soared to over a $200 million market cap and pumped over 100x. Additionally, Sponge was another token identified by Bury, which peaked at almost a $200 million market cap.

Other analysts, such as Michael Wrubel (311K YouTube subscribers) and Conor Kenny (190K YouTube subscribers), have also reviewed Dogecoin20 positively in sponsored content.
The project’s proximity to the market-leading meme coin while introducing new improvements is one reason for its hype.
Its flagship feature is a Stake-to-Earn mechanism, which incentivizes long-term holding while minimizing volatility and sell pressure.
Currently, staking provides a 45% APY, but this will decrease as more tokens are staked.
The project also boasts a capped supply of 140 billion tokens. Therefore, helping inject scarcity and stave off inflation and price dilution.
It also boasts other benefits, like launching on Ethereum for improved functionality and a lesser environmental impact.
Indeed, these factors offer a bullish outlook for the Dogecoin20 IEO. However, with the presale sold out, launch day (April 20) presents the last chance for investors to buy before exchange listings the same day.
#Memecoins #BullorBear

According to Uwakwe, the head of Nigeria’s crypto intercommunity working group, investors worry about potential repercussions similar to Binance’s fate when investing in local Web3 companies.
Nigeria is feeling the consequences of actions against Binance executives, with investors withdrawing from deals and partnerships, particularly in the web3 sector. They mention Nigeria’s perceived lack of safety for business and government hostility, citing the Binance case as evidence, according to Lucky Uwakwe, the chairman of Nigeria’s Blockchain Industry Coordinating Committee (BICCoN).
In an interview with AZC.News, Uwakwe, head of Nigeria’s intercommunity working group involving Blockchain Nigeria User Group (BNUG), Cryptography Development Initiative of Nigeria (CDIN), and Stakeholders in Blockchain Technology Association of Nigeria (SiBAN), expressed investors’ concerns.
According to Uwakwe, investors worry about potential repercussions similar to Binance’s fate when investing in local Web3 companies. He pointed out that already invested parties are gradually divesting.
Binance executives Tigran Gambaryan and Nadeem Anjarwalla came to Nigeria in February following claims that the exchange manipulated the country’s fiat currency, the naira. The executives were detained and slammed with five counts bordering on money laundering after a meeting with the Nigerian government over Binance’s regulatory woes.
Uwakwe stated that the government’s approach to the Binance issue is adversely impacting the entire nation. By pursuing fines against Binance, the government is essentially undermining the entire industry, sacrificing potential growth for short-term measures.
When asked about the possibility of the current trial resulting in an acquittal for the Binance executives, Uwakwe expressed skepticism. He believes the executives face slim chances of acquittal unless certain conditions are met internally by the company, according to the government’s perspective. He said,
“The chances are probably 90-10, 90 for the government,10 for the Binance executives in question…”
Uwakwe emphasized that even in the event of the Binance executive’s acquittal by the judge, there’s a strong possibility that the Nigerian government may disregard the court ruling. This pattern has been observed before, especially in cases perceived to threaten the country’s stability.
Uwakwe addressed a potential question from the international community about why the Nigerian crypto community isn’t vigorously advocating for the release of the Binance executives. He suggested that if Binance had engaged relevant associations earlier, they would have garnered support from pressure groups and lobbying efforts.
The Nigerian government has often been at odds with cryptocurrency exchanges. Binance ceased operations using the naira on March 8 after Nigerian government criticism of crypto exchanges singled it out in February.
In August 2022, Nigeria was named the most crypto-obsessed country in the world by the number of Google searches for “cryptocurrency” or “buy crypto.”
#NigeriaVsBinance #dyor

Bitcoin price has plummeted in the last 24 hours, from $68,000 to a current low of $60,000, following escalating conflict between Iran and Israel.
Bitcoin has witnessed a significant decline, falling to the $60,000 mark, amid escalating concerns about conflict in the Middle East after Iran launched a drone against Israel. Before this incident took place, the price of Bitcoin stood at $68,000.
The entire cryptocurrency market was hit hard, down about 10%, and the total market capitalization retreated to $2.38 trillion. With traditional financial markets offline over the weekend, the specific impact of this attack on common asset classes remains unclear.
Besides, many people believe that the decline in Bitcoin’s value is not simply due to the military move in Israel. Other factors including options expiration, historical Bitcoin halvings, macroeconomic fluctuations, and technical analysis chart weaknesses also contribute to this volatility.
The Israeli military has pointed out that Iranian Islamic Revolutionary Guard Corps drones need time to reach Israel, and next week will be an important time to more clearly assess the impact of tensions current straight to the price of Bitcoin and other assets.
Among the top cryptocurrencies, Polygon, Shiba Inu, Avalanche and Dogecoin have suffered the most, with drops of up to 20% in the past day. Although interest in cryptocurrencies remains high, market participation has shown signs of cooling, reaching its lowest level in the past month as reported by CMC. Bitcoin’s volatility index has skyrocketed, from around 69 to nearly 78.9 in just one day.
Although the market is in a bearish phase, some analysts are still optimistic about the possibility of recovery. Tony Gallippi, co-founder of BitPay, expressed his belief that the market could soon witness a new price increase. Along with that, many experts and founders of other cryptocurrency projects are also optimistic about the future, especially thanks to the upcoming Bitcoin halving, an event that is predicted to stimulate a wave of new price increase for the market.
#BullorBear #WW3

According to data from CoinMarketCap, the world's largest cryptocurrency has dropped from $71,000 to below $66,000.
Bitcoin is currently trading around the $67,600. The decline in Bitcoin’s price has dragged the entire cryptocurrency market into a “bear market”. Other major cryptocurrencies such as Ethereum, Solana, Avalanche, and Arbitrum have also seen declines of 10-30%.
In recent weeks, Bitcoin’s price has experienced significant volatility. Many experts believe that this could be attributed to investor sentiment ahead of the halving as well as global economic uncertainties.
In a recent post on the social media platform X, cryptocurrency analyst Rekt Capital suggested that Bitcoin is entering a ‘danger zone’ ahead of the halving phase. Historically, Bitcoin’s price has undergone sharp corrections in the 14-28 days leading up to the halving event.
Since the beginning of 2024, Bitcoin has been on a continuous upward trend, even surpassing its previous all-time high to reach nearly $73,600.
#bitcoinhalving #BullorBear

Bitcoin halving is dubbed one of the most widely anticipated events in cryptocurrency history. It is crucial to keep the supply of Bitcoin scarce while keeping its price elevation and rarity quotient in check. 
Bitcoin-halving events are scheduled once every four years. These events are often marked by a disintegrated user approach. 
As halving makes Bitcoin prices quite volatile, investors’ sentiment during this time may notice a radical shift, where traders may explore other coins to maximize returns and stabilize their gains. Here are our top three cryptocurrencies, whose prices may explode after the Bitcoin halving event. 
Top Three Crypto Tokens to Gain Momentum Post-Bitcoin Halving
#1: XRP
While XRP is lacking notable price action this bull season, several crypto analysts are still bullish on its future price trajectory. With Ripple busy forming new alliances with global financial leaders and institutions, XRP is poised to hit big sooner rather than later. The current XRP target for its community is directed towards helping the token breach the $0.75 mark. Once it crosses crucial resistance at the $0.75 price level, the token is expected to breach past bullish horizons. 
#XRP Analysis: The Three Camel Humps 🐫🐫🐫

A) Breaking Above 0.75c Signals Bullish Momentum
B) Current Range: 0.55c-0.67c
C) Support Holds Strong at 0.40c
D) Target Zone: $1-$1.3#XRPArmy STAY STEADY! Remember, the sun always shines in the morning. 🌞💪 pic.twitter.com/DNkiMyXFoR— EGRAG CRYPTO (@egragcrypto) April 8, 2024
Per CoinCodex, the XRP may soon enter a bullish zone. By the end of April 2024, XRP is expected to breach past $0.65, making it easier for the token to cross past $1 by the end of 2024. 
“According to our current XRP price prediction, the price of XRP is predicted to rise by 13.93% and reach $0.694550 by May 12, 2024. Per our technical indicators, the current sentiment is neutral, while the Fear & Greed Index is showing 79 (extreme greed).”
#2: Ethereum
Ethereum is the second-largest crypto by market cap. The token is presently trading at $3513, down 3% in the last 24 hours. After the momentous Bitcoin Halving event, user sentiment is poised to shift toward the second-best altcoin, which is Ethereum, which will ultimately help its price gain considerable momentum.
$ETH has been Consolidating and gearing up for another Bullish Rally.

After Bitcoin halving, Ether's FOMO Rally will kick in. 📈

$5000 is in the Cards..✍️#Crypto #Ethereum #ETH pic.twitter.com/sbyLLrbtTW— Captain Faibik (@CryptoFaibik) April 12, 2024
Per CoinCodex, Ethereum is expected to trade in a new price range post-Bitcoin Halving event. ETH is anticipated to trade at $3,641 by April 24th.
“The Ethereum price forecast for the next 30 days is a projection based on the positive and negative trends in the past 30 days. Based on these Ethereum projections, ETH will be changing hands at $3,626.93 on April 19, 2024, gaining 2.10% in the process.”
#3: Solana SOL
Solana has been leading the crypto space this bull season. The token’s price hike has been significantly driven by the presale frenzy that has taken its blockchain by storm. Per CoinMarketcap, Solana is trading at $172, noting a slight decrease of 1.2% in the last 24 hours. 
🗞️ Crypto News

Developers of the Solana blockchain network are planning to implement a fix for an "implementation bug" on April 15.

🔗 https://t.co/QXG14nQ6Se#CryptoNews— CoinMarketCap (@CoinMarketCap) April 9, 2024
The token is currently the center of presale projects, driving its value to new levels. With pending projects yet to be launched, the price of SOL is expecting heavy user volume post-the Bitcoin Halving event. 
Per CoinCodex, the platform predicts SOL to trade at $177 by April 27, 2024. 
“According to our current Solana price prediction, the price of Solana is predicted to rise by 13.76% and reach $198.60 by May 12, 2024. Per our technical indicators, the current sentiment is neutral, while the Fear & Greed Index is showing 79 (extreme greed). Solana recorded 18/30 (60%) green days with 5.34% price volatility over the last 30 days.”
#bitcoinhalving #BullorBear

As the Bitcoin Halving event approaches, data analytics firm Santiment has disclosed the most promising Meme Coins that investors should keep an eye on.
The global cryptocurrency market cap has witnessed an impressive increase of over 2%, reaching approximately $2.77 trillion, thanks to Bitcoin (BTC) leading the charge in the past 24 hours. Despite predictions of higher inflation in the US, Bitcoin continued its upward trajectory, partly because the expected interest rate cuts might be delayed.
Strong interest from institutional investors, especially through Hong Kong in China, has fueled the upward trend for this leading cryptocurrency. Recently, Bitcoin’s price rose about 2.2%, trading at approximately $70,736 on Thursday morning in London.
At the same time, the crypto market is digesting the news that the US SEC took action against Uniswap Labs, the leading DeFi project on Ethereum, along with announcements from Wells. Furthermore, Uniswap also won a lawsuit against the regulatory body last year.
Moreover, the cryptocurrency industry is closely watching the upcoming Bitcoin halving event, anticipated to usher in a new era for the next price cycle. Although there have been warnings about a potential sell-off post-event, macro investors are maintaining their stance.
In this context, Santiment, a market intelligence firm, expresses optimism for the growth of the meme coin market, predicting a surge among top meme coins such as Dogecoin (DOGE), SPX6900 (SPX), MAGA (TRUMP), and ArbDoge AI (AIDOGE) in the coming weeks.
This enthusiasm for meme coins reflects a broader trend in the cryptocurrency market, where investors are increasingly seeking out not just traditional assets but also those with a strong cultural or community backing.
The upcoming Bitcoin halving event is more than just a technical adjustment; it represents a pivotal moment that could define the market’s direction in the near term. As we approach this milestone, the blend of institutional support and grassroots enthusiasm for cryptocurrencies underscores the dynamic and evolving nature of the market, promising an exciting future for both established and emerging digital assets.
#Memecoins #BullorBear