WHAT TO DO WHEN MARKET DUMP

Yes, the crypto market dumped🔥

What next—

I can bet most of you left crypto and focused on other things to distract yourself

Some even started going out engaging in funfull activities as a coping mechanism.

But real traders went to work.

They couldn't sleep in the past days

Not because they're disturbed by the dump.

But because they're immersed in research.

My friends...

Don't just seat and watch the market dump

Hoping for a quick reversal.

Dump is best time to research

Study patterns.

Learn trends.

HOW CAN YOU HOLDL DESPITE THE CRAZINESS OF THE CRYPTO MARKET?

My journey into cryptocurrency began with a simple investment and a desire to understand this new financial boundaries. Little did I know that by holding onto my digital assets through market uncertainties, I would pave the way to my financial independence.

I was Initially captivated by the excitement of the crypto market's volatility, I experienced highs and lows. Despite challenges and mistakes I made, I learned the value of patience and resilience.

As I immersed myself in the crypto community, I embraced the HODL mentality. It's more than just holding onto assets; it's about believing in the long-term potential in the crypto market.

I experienced market crashes and skepticism, I held firm in my investments. I understood that short-term fluctuations wouldn't overshadow the revolutionary impact in the cryptocurrency space.

With time, the market surged, validating my decision to HODL. Yet, beyond financial gains, I found freedom and empowerment in taking control of my financial future.

Today, I am grateful for the role HODLing played in my journey to financial freedom and independence.
Cryptocurrency offers more than monetary rewards; it offers liberation from traditional financial systems and the opportunity to shape one's destiny.
In the world of cryptocurrency, HODLing embodies a mindset of hope and conviction, a journey marked by patience, perseverance, and the belief in a decentralised future.

The biggest lesson I learnt is that it is easier to HODL when you believe in the future of the crypto asset you are Hodling hence the need to properly research and believe in the project and in cryptocurrency generally before investing.

PS: HODL is a slang for Holding in the crypto space

Have a productive day!

FUN FACT: Less than 5% of the global population is invested in crypto.

🌐 BREAKING : Elon Musk announces #Tesla will invest $10 billion in #AI (Artificial Intelligence) This year to advance its autonomous driving technology. Good Job ELON X 😍🚀

What is Mining Pools

#Mining is integral to the security of Proof of Work blockchains. By computing hashes with certain properties, participants are able to secure #cryptocurrency networks without the need for a central authority.

You could be running several high-powered ASICs, and you’d still be just a drop in the #Bitcoin mining ocean. The chances of you actually #mining a block are pretty slim, even though you’ve spent a lot of money on your hardware and the electricity required to run it. You don’t have a guarantee on when you’ll get paid with a block reward, or even if you’ll get paid at all. If consistent revenue is what you’re after, you’ll have much greater luck in a mining pool.

Let’s say that you and nine other participants own 0.1% of the network’s total hashing power each. That means that, on average, you would expect to find one in every thousand blocks. With an estimated 144 blocks mined a day, you’d probably find one block a week. Depending on your cash flow and investment into hardware and electricity, this “solo mining” approach could be a feasible strategy.

What if, if you power is not enough to be profitable? so, However, what if this revenue won’t be enough to turn a profit? Well, you could join forces with the other nine participants we mentioned. If all of you combine your hashing power, you’d have 1% of the network’s hash rate. This means you’d find one in every hundred blocks on average, which works out at one to two blocks a day. Then, you could just split up the reward and share it amongst all the involved #miners.

Every 210,000 blocks (roughly a 4 year time period), a pre-determined reduction in issuance occurs, reducing the newly minted BTC coins by 50%. The fourth Bitcoin Halving took place over the weekend, seeing the block subsidy decline from 6.25BTC to 3.125BTC per block, or an approximate issuance of 450 BTC per day (for 144 blocks mined).

With every Halving, we can see some strong bullrun, so you know in longer vision what comes next.

This is Chris.

Chris sees the market dip and panic sells at a loss.

Chris disappears until the markets recover then buys back at higher price.

Chris has no strategy and isn’t patient so he will sell again on the next dip.

Chris will do this the entire bull run and end up loosing all his money.

Chris will say crypto is a scam.

Don’t be like Chris.

Long
⚡️⚡️ #CFX/USDT ⚡️⚡️
Leverage: Cross (50х)

Entry Targets:
0.24318

Take-Profit Targets:
1) 0.24683
2) 0.24926
3) 0.25169
4) 0.25534
5) 0.25777
6) 0.26142
7) 🚀🚀🚀

Stop Targets:
5-10%

⚡️⚡️ #CHR/USDT ⚡️⚡️
Leverage: Cross (20х)

Entry Targets:
0.3220

Take-Profit Targets:
1) 0.32683
2) 0.33005
3) 0.33327
4) 0.33810
5) 0.34132
6) 0.34615
7) 🚀🚀🚀

Stop Targets:
5-10%

Short
⚡️⚡️ #CAKE/USDT ⚡️⚡️
Leverage: Cross (50х)

Entry Targets:
2.764

Take-Profit Targets:
1) 2.72254
2) 2.69490
3) 2.66726
4) 2.62580
5) 2.59816
6) 2.55670
7) 🚀🚀🚀

Stop Targets:
5-10%

⚡️⚡️ #CELO/USDT ⚡️⚡️
Leverage: Cross (50х)

Entry Targets:
0.851

Take-Profit Targets:
1) 0.83824
2) 0.82973
3) 0.82122
4) 0.80845
5) 0.79994
6) 0.78718
7) 🚀🚀🚀

Stop Targets:
5-10%

⚡️⚡️ #CELR/USDT ⚡️⚡️
Leverage: Cross (25х)

Entry Targets:
0.02665

Take-Profit Targets:
1) 0.02625
2) 0.02598
3) 0.02572
4) 0.02532
5) 0.02505
6) 0.02465
7) 🚀🚀🚀

Stop Targets:
5-10%

I just wanted to drop in to remind you that trading success is closer than you think ~ and totally within your reach.

I know sometimes trading can get really hard.

Sometimes it drives you insane and makes you want to quit.

But a friendly reminder that every successful trader has felt like that - and the only reason they're winning today is because they stuck with it & kept working on improving their skills.

You're not losing because you're 'too stupid'.

It's not that you "don't have what it takes" to win.

NO ONE is better than you...

Your position right now does not matter.

Trading is indiscriminate

Winners win because they do the right things & losers lose because they do the wrong things.

It doesn't matter if you're young, old, experienced, inexperienced, a genius or just average... If you do the right things on a consistent basis YOU WILL WIN

🚨 Important Bitcoin Update ✅

TF: 12H

Identification: Falling Wedge

Meaning: A falling wedge pattern on a 12-hour Bitcoin chart often indicates a potential bullish reversal. Traders may anticipate a price increase and consider buying when the price breaks above the upper trendline, but be cautious and use proper risk management.

#DXY UPDATE :

#DXY is been rising with the market conditions and rejected from the resistance area too. Index, made a flip above the zone and on the verge to a retest now. Market will start dip again, if it bounces. So, eye on #DXY movement and observe the market conditions too.

Short
⚡️⚡️ #BOME/USDT ⚡️⚡️
Leverage: Cross (50х)

Entry Targets:
0.009841

Take-Profit Targets:
1) 0.00969
2) 0.00959
3) 0.00950
4) 0.00935
5) 0.00925
6) 0.00910
7) 🚀🚀🚀

Stop Targets:
5-10%

⚡️⚡️ #BOND/USDT ⚡️⚡️
Leverage: Cross (50х)

Entry Targets:
2.857

Take-Profit Targets:
1) 2.81415
2) 2.78558
3) 2.75701
4) 2.71415
5) 2.68558
6) 2.64273
7) 🚀🚀🚀

Stop Targets:
5-10%

Long
⚡️⚡️ #BNB/USDT ⚡️⚡️
Leverage: Cross (75х)

Entry Targets:
588.67

Take-Profit Targets:
1) 597.50005
2) 603.38675
3) 609.27345
4) 618.10350
5) 623.99020
6) 632.82025
7) 🚀🚀🚀

Stop Targets:
5-10%

⚡️⚡️ #BNT/USDT ⚡️⚡️
Leverage: Cross (50х)

Entry Targets:
0.7041

Take-Profit Targets:
1) 0.71466
2) 0.72170
3) 0.72874
4) 0.73931
5) 0.74635
6) 0.75691
7) 🚀🚀🚀

Stop Targets:
5-10%

⚡️⚡️ #BSV/USDT ⚡️⚡️
Leverage: Cross (50х)

Entry Targets:
65.83

Take-Profit Targets:
1) 66.81745
2) 67.47575
3) 68.13405
4) 69.12150
5) 69.77980
6) 70.76725
7) 🚀🚀🚀

Stop Targets:
5-10%

⚡️⚡️ #BTC/USDT ⚡️⚡️
Leverage: Cross (125х)

Entry Targets:
63035.5

Take-Profit Targets:
1) 63981
2) 64611
3) 65241
4) 66187
5) 66817
6) 67763
7) 🚀🚀🚀

Stop Targets:
5-10%

🎧 Melodies of Mindfulness 🎶

"Harmonizing Life and Trading"

"The final trades are made, and now it's our turn to trade in our screens for some well-deserved rest. Embrace the weekend as a chance to refresh your mind and soul. Explore, relax, and recharge - next week's opportunities await a renewed you.

Happy weekend!"

What Is Proof-of-Developer (PoD)?

Proof-of-developer (#PoD) is a process that seeks to connect a blockchain project with its real developer or developers. The process prevents fraudsters from taking over a project, especially the funding, without delivering the final product to investors. Proof-of-developer is common with cryptocurrency-based projects.

#PoD started in 2014 when crypto investors suffered losses emanating from pumps and dumps. These are scenarios in the digital currency space where a coin’s developers or malicious investors artificially inflate the prices. When their holdings attract a good ROI, they “dump” or sell them, causing the price to tank and resulting in other investors incurring losses.

Proof-of-developer was launched at a time when initial coin offerings (ICOs) were gaining momentum. Some #ICO issuers were only out to defraud unsuspecting investors. #PoD enables investors to look beyond the glittering #ROI values and see whether an ICO project has, in fact, living and real developers.

Additionally, proof-of-developer assists in unearthing individuals who are simply copy-pasting other crypto codes and marketing them as their own original projects with the intention of attracting investments.

The #PoD mechanism stores developers’ names, countries of origin, individual social media handles and personal email addresses. Moreover, the process involves verifying the details and ascertaining the developers’ education level and GitHub page.

🚀 Excited to introduce #Binance's 53rd Launchpool Project: $RENZO (Liquid Restaking Protocol) 🔥

Renzo, the Liquid Restaking Token (LRT) & Strategy Manager for EigenLayer, offers higher yields than ETH staking 😱

📅 Farming Starts: April 24, 2024
📅 Farming Ends: April 30, 2024

📈 Listing: April 30, 2024 (12:00 UTC)

Stake your BNB/FDUSD to farm $REZ 🤑

During this period, strategically DCA into your favorite coins - do not invest everything at once.

Deploy a certain amount weekly/ monthly to get the optimal entry price.

There is no need to try and time a major dip since you'll most likely miss it.

If you're fully invested, then HODL your position.

Do not let 20%-30% dips shake you out of the market.

Now let us look at 7 best coins you should be paying attention for potential entries in my next post.

By this #STH/Total Realized Loss Ratio, we can see that this condition has lasted for between 6.5 and 13.5 months until the bear market sets in. The current market has only entered this condition for around 1-month so far.

#ENA goes well with the buy condition and moved around 25% in profits. Currently, price correcting with the market conditions and reached the support zone around $0.77 and buys again might work too. Again its a High Risk and market is not stable at this point.