Donโt Make These #1 Mistake During The Crypto Bull Run.
In 2021, my journey into the captivating realm of cryptocurrency began, fueled by the enticing prospect of turning investments into substantial profits. The buzz around individuals reaping substantial gains from their crypto ventures heightened my eagerness to jump in immediately. The allure of stashing away funds for a few months and witnessing them soar was undeniably thrilling, but my lack of experience was a significant hurdle. I found myself clueless about the intricacies of buying or selling crypto, adding a layer of complexity to my aspirations. Here, I share five indispensable tips for crypto novices: 1. Master the Fundamentals: Initially, delving into crypto articles felt like a daunting task. While I had a vague awareness of Bitcoin, deciphering which coins held potential eluded me. A foundational understanding of crypto essentials, such as total supply, altcoins, trading volume, chart patterns, and candlesticks, proved crucial. Knowing how to navigate exchanges for buying and selling became a game-changer. 2. Stay Informed with Crypto News: The dynamic nature of the crypto space means that news can significantly impact asset prices. Regularly consuming articles and content about ongoing developments in the crypto world serves as a reliable indicator for strategic buying or selling decisions. Positive news can propel prices upward, while negative developments may trigger a downturn. 3. Risk-Averse Investing: The cardinal rule of investing only what one can afford to lose cannot be overstated. Opting for a cautious approach by dedicating a modest portion of savings allows for gradual portfolio growth while minimizing potential setbacks. Steering clear of borrowed capital ensures a more secure and measured investment journey. 4. Avoid the Cheap Coins Trap: The notion that astronomical wealth can be amassed by investing in dirt-cheap coins is a rare occurrence. While low-priced coins might seem enticing, focusing on comprehensive research into low market cap projects proves more beneficial than fixating solely on price tags. Value lies in potential, not just affordability. 5. Secure Your Profits: Watching your initial $100 investment soar to $3000 is exhilarating, but realizing those profits requires decisive action. Until profits are withdrawn and either converted to fiat or securely stored in your wallet, the potential wealth remains speculative. Avoid the pitfall of becoming the one who could have been rich if only they had capitalized on peak prices. Embark on this crypto journey with me for more enthralling insights into the ever-evolving world of cryptocurrency. ๐๐ฐ
๐ Brace Yourselves: Big Moves Coming for Bitcoin and Altcoins in the Next 2 Days!
All eyes are on the USA! As we await key data releases and Fed Chair Jerome Powell's remarks, the crypto market is on edge.
๐ Tomorrow, May 14th, watch out for US Producer Inflation Data at 15:30 GMT, followed by Powell's speech at 17:00 GMT.
๐๏ธ On Wednesday, May 15th, keep an eye on Consumer Inflation Data at 15:30 GMT.
๐ก If inflation data surprises to the downside and Powell strikes a positive tone, we could see a bullish rally in crypto. But if not, Bitcoin may dip below $60K.
Stay tuned for updates! Volatility ahead, but potential gains too. Let's see where the market takes us! ๐ #CryptoMarket#BTC#notcoin
Absolutely! Earning $2 per day is within reach with these simple methods:
1. Passive Income Apps: Try apps that let you earn passively, like those that pay for sharing your internet connection. You can easily make around $2 per day with minimal effort.
2. Day Trading: If you have trading experience, aim for a 2% daily gain on a fixed account size. Over time, this strategy can accumulate to $2 per day.
3. Freelancing: Offer your skills on platforms like Upwork or Fiverr. Completing small tasks, such as writing, graphic design, or programming, can easily earn you $2 per day.
4. Micro Tasks: Engage in online surveys, complete small tasks, or take on gig work on platforms like Amazon Mechanical Turk or Swagbucks.
Consistency and patience are key. Explore these options to find the best fit for you and start earning $2 per day effortlessly! ๐ #ETHETFS#BlackRock#bitcoinhalving
๐๐ฐ Big News in the Crypto World! Whale Who Bought Bitcoin at $124 Makes First Transfer Today! ๐
The excitement in the crypto industry continues! Bitcoin (BTC) remains strong above the $58,000 - $60,000 support range, keeping a lid on selling pressure in altcoins.
According to Look On-Chain, a leading data provider, an investor who acquired Bitcoin in 2014 made a significant transfer today.
Here's the scoop:
๐ Look On-Chain reports: "An investor dormant for 10.7 years just transferred all 500 BTC (valued at $30.4 million) 5 minutes ago."
๐ The whale purchased 500 BTC (valued at $62,000 at the time) on January 12, 2014, when Bitcoin was priced at $124. While the sale of 500 BTC may not immediately impact Bitcoin's price, the move by a long-term holder has caught investors' attention and stirred some nerves.
It's worth considering the possibility that this investor, holding BTC for a decade, may have recently accessed their wallet again.
Stay tuned for more updates as the crypto market continues to make waves! ๐๐ #ETHETFS#ETFvsBTC#BTC
๐ Exciting News for Crypto Lovers! Binance Makes a Grand Entrance into Indiaโs $300 Billion Market! ๐
After intense negotiations, Binance has received the green signal from Indiaโs Financial Intelligence Unit, marking its official comeback into the vibrant Indian crypto scene. Following in the footsteps of KuCoin, Binance becomes the second international exchange to win approval from Indiaโs anti-money laundering watchdog.
Hereโs the Scoop:
Binanceโs Registration: The crypto titan has successfully completed its initial registration with the FIU, clearing the path for its re-entry into India.
KuCoinโs Precedent: KuCoin set the stage by securing registration after paying a fine of INR 3.45 million. BNBโs Performance: Amidst the buzz, Binanceโs native token, BNB, saw a minor dip of 1% this week.
Behind the Scenes:
FIUโs Shift: Previously, the FIU halted Binance and other exchanges for non-compliance. Now, with formal registration, Binance gears up to cater to Indian crypto enthusiasts once more.
Moneycontrolโs Insight: According to Moneycontrol, Binance is poised to resume operations in India post-registration with the FIU.
Whatโs Trending?
Chainalysisโ Insights: Indiaโs crypto market is on fire, ranked as the worldโs second-largest by Chainalysis, with a staggering $300 billion in crypto transactions from July 2022 to June 2023.
Crypto fans, get ready for the ride! Binanceโs return signals a new chapter for Indiaโs crypto landscape. Stay tuned for more updates as Binance steps up to support Indiaโs crypto community. ๐ #BTC#bitcoinhalving
No genius required, just master the art of shitcoin trading
These secrets will help you earn 100x more (will delete it soon)
Before we dive in, I have a quick favor to ask
I put a lot of effort into crafting this thread to be genuinely helpful for you, so if you find it valuable, please bookmark, retweet, comment, or just hit like
So, let's start by addressing those who claim that going from $100 to $10,000 is an easy task.
The immediate response is: No, you really need to put in a lot of hard work for this.
It's not all rainbows and unicorns.
However, understanding some key trading rules can help you achieve success faster.
โ Everyone has a different portfolio sizes and different risk levels when it comes to aping into coins:
When I had $100, I went all in, and somehow it worked out.
While I was investing $100, others were putting in $1,000, $5,000, or even $20,000 into the same coin.
Take your time and don't rush to compare yourself to others.
You'll get there soon. The longer you stick to your size, the safer you'll be.
โก Don't fall in love with a project โ you are a trader, you're here to make big money:
Avoid holding onto every bullsh*t investment. In reality, 99% of projects won't reach even $100M mcap.
Secure your gains and keep progressing.
Our goal is to create wealth, not just send stickers all day in Telegram/Discord groups.
โข On your way to the first $10,000, you should aggressively take profits:
Yes, you heard that correctly.
Don't be afraid to exit a trade even if looks very promising and can surge by 1000x, as the likelihood of hitting such high returns is very slim โ typically just a 1/100 probability.
Therefore, it's wiser to secure some profits rather than risking your entire stake each time.
While you might regret missing out on huge gains if the coin skyrockets to millions, remember that it's all part of the process.
It's a slow but safe way, so appreciate what you've earned.
โฃ In a group of like-minded individuals, your journey will be much smoother:
Consider joining reputable and active Telegram groups or Discord channels where experienced traders have already gone through the ups and downs and are ready to share their experience with you.
If you haven't found any free groups, you can join some private paid groups. The insights there are often more valuable. However, be cautious of scams and useless groups.
โค Please, remember this one very important thing โ cut your losses early:
Bro, just keep in mind, that having looser trader are completely normal.
Even the greatest trader in the world, suffer looses.
It's a part of the game we are all playing in.
Statistically speaking, there have been very few cases in the market when a meme coin could reverse after a -60% loss.
โฅ Avoid chasing unnecessary trades when you're uncertain about potential gains:
You don't want to see your deposit plummet to $0, am I right?
Some coins surge rapidly but also crash just as quickly.
Remember, those who enter early very often like to dump their bags when others join due to FOMO at the peak.
โฆ When flipping shitcoins, FUD is often misleading about 70% of the time:
Don't blindly believe everything you hear; conduct your research and trust your instincts.
Here's a personal example ๐
There have been times when FUD led me to sell a coin at a loss, only for it to spike 100x just a few days later from my initial entry.
Now, I've completely changed my strategy. This shift has had a really positive impact on my portfolio.
๐ฐ๐ก Refund Alert: Hacker Returns $14 Million to Crypto Victim!
In a surprising turn of events, the hacker who orchestrated one of the biggest fraudulent attacks in the crypto world last week has returned $14 million to the victim. The victim had lost 1155 WBTC valued at $71 million in the scam.
The hacker sent back a total of 4676 ETH to the affected crypto investor in installments. This unexpected gesture sheds light on the evolving landscape of crypto fraud and restitution.
This incident underscores the importance of diligence and caution in the crypto space. Users must remain vigilant against traps set by hackers, such as meticulously checking transaction details and addresses.
Let's learn from this experience and stay alert to safeguard our assets in the dynamic world of cryptocurrency! ๐ก๏ธ๐ก
๐๐ Calling All Crypto Farmers! Binance Unveils NOT COIN ($NOT) on Launchpool ๐
Crypto enthusiasts, mark your calendars! #Binance is gearing up to launch Not Coin ($NOT) on their Launchpool platform. Get ready to farm #NOT by staking your BNB or FUDSD tokens starting May 13th, 00:00 UTC, for three exciting days! โณ Here's what you need to know:
๐ Farming Period: May 13th, 00:00 UTC - May 15th, 23:59 UTC (3 days)
๐ฐ Staking Options: Separate pools for $BNB and FUDSD
๐ Listing Date: May 16th, 12:00 UTC (save the date!) #Notcoin prides itself as a premier Web3 gaming platform, offering users the opportunity to "mine" $NOT through an interactive tap-to-earn mechanic.
This could revolutionize the landscape of play-to-earn gaming! Are you ready to farm NOT COIN? Let's seize this opportunity together! ๐๐พ #MarketSentimentToday#BinanceLaunchpool
โ ๏ธ Cryptocurrency Scam Alert: Deepfake Elon Musk Used in Fraud Scheme! โ ๏ธ
Hong Kong authorities have uncovered a cryptocurrency scam involving a fake exchange using deepfake technology to impersonate Elon Musk. Here's what happened:
๐ The Scam: Quantum AI, an unlicensed cryptocurrency exchange in Hong Kong, claimed to have a direct association with Elon Musk. They falsely advertised that Musk developed AI tech for crypto trading.
๐ Deepfake Content: The company used deepfake technology to create fake videos and images of Elon Musk, which they displayed on their website and social media platforms to deceive investors.
๐ Action Taken: The Hong Kong Securities and Futures Commission (HKSFC) swiftly intervened, issuing a warning to investors and shutting down the fraudulent exchange's online presence.
๐ Regulatory Measures: HKSFC has halted the acceptance of license applications from crypto exchanges, urging unlicensed entities to cease operations by May's end. Meanwhile, Hong Kong authorities are exploring real asset tokenization in collaboration with private sector firms.
Stay vigilant and report any suspicious activity to protect yourself and others from falling victim to cryptocurrency scams! ๐ซ๐ฐ#ETHETFS#altcoins#MicroStrategy#bitcoin
๐๐จ Urgent Privacy Warning from Edward Snowden to the Bitcoin Community!
Renowned whistleblower Edward Snowden issues a critical alert to the Bitcoin community regarding protocol-level privacy, sparked by Wasabi Wallet's decision to discontinue its coordination service. This development has raised significant concerns in the crypto space.
Snowden, known for exposing mass surveillance programs, emphasizes the dwindling time to address privacy at the protocol level. Wasabi Wallet's announcement of discontinuing its coordination service by June 1, 2024, has triggered alarm within the community.
The decision by zkSNACKs, the company behind Wasabi Wallet, impacts users of other wallet clients connected to its coordinator, including Trezor Suite and BTCPayServer. Despite this setback, Wasabi Wallet will continue functioning as a BTC wallet, albeit with reduced privacy features.
Expressing genuine concern, Snowden suggests exploring decentralized coordinator options or alternative configurations to uphold privacy protections. He underscores the urgent need to integrate protocol-level privacy measures into the Bitcoin protocol, a cause he has advocated for passionately over the years.
As a staunch privacy advocate, Snowden stresses the importance of enhancing privacy in cryptocurrencies to safeguard users' financial sovereignty and protect their personal information. #RNDR#altcoins#BlackRock#ethโฌ
Renowned author Robert Kiyosaki, known for "Rich Dad Poor Dad," urges preparation for a looming financial crash. Amid turbulent market conditions, Kiyosaki emphasizes the importance of turning to safe havens like #Bitcoin, gold, and silver.
In a recent viral post, Kiyosaki predicts the collapse of traditional finance and advises followers to brace themselves. Despite the grim outlook, he sees opportunity in market downturns, emphasizing the potential for financial gains.
Rather than chasing price bottoms, Kiyosaki advises against greed and stresses the importance of seeking knowledge from reliable sources, not just YouTube. He advocates for saving in assets like gold, silver, and Bitcoin, which tend to thrive during market crashes.
As fiat currencies lose value, Kiyosaki underscores the significance of investing in assets with real value. In uncertain times, he urges followers to prioritize wealth preservation through Bitcoin, gold, and silver. #BTC#BitcoinETFs#ethโฌ#BlackRock
Patience is the key! Just hold tight for the next 12 months and watch your wealth skyrocket. Don't stress over short-term prices. Focus on those big targets and reap the rewards. Less stress, more gains! ๐ค #BTC#bitcoin#bitcoinhalving$BTC
I turned $8k into 2.8 million over the year in crypto.
I turned $8k into 2.8 million over the year in crypto.
Anyone can repeat this, starting from $0 right now, the main thing is to have the right plan and knowledge.
Here's my playbook on how to make a million from zero in 2024 ๐
Before I begin, I have a favor to ask...
I spent a lot of time writing this thread, trying to make it genuinely useful for you, so if it's not too much trouble, please bookmark it, repost, leave a comment, or simply hit like
The plan shown in the pic led me to such success
I know how hard it is to start knowing nothing
That's why I've made a detailed guide on how I would start from $0 now
You can adjust the steps, but the foundation should be as follows:
1/โฎ From $0 to $1k
- Testnet airdrops: Farming airdrops from testnet projects.
- Web3 Job: Trying to find a Web3 job and gaining knowledge about crypto.