here i have 1 million dollars. let me tell you how to make it 2.
Elon Musk 65908
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I am 35 years old. Starting from 25 when I entered the cryptocurrency market, I have been in this field for 10 years. Some people ask me, have I made money over the years? The answer is simple: from 2020 to 2022, my account surpassed 8 digits. Now I can afford to stay in hotels that cost 2000 a night, living easier than many 80s born people in traditional industries or e-commerce. What’s the secret? It’s not talent, it’s not luck, but a simple and silly "343 phased investment method." With it, I steadily made over 20 million. Let’s take BTC as an example: Step 1: 3 — Start small Assuming I have 120,000 as a capital pool, I will first use 30% (36,000) to test the waters. A small position, a steady mindset, and manageable risk. Step 2: 4 — Further phases If it goes up, wait for a pullback to add more. If it drops, add 10% for every 10% drop, gradually completing the 40% position. This way, regardless of how the market fluctuates, the cost can be averaged out. Step 3: 3 — Final addition When the trend stabilizes, add the last 30%, making the entire process clean and efficient. This method sounds “stupid,” but sometimes stupid things last longer. In the market, the hardest thing is not to find a miraculous operation but to restrain greed and fear. I have seen too many people suffer huge losses overnight by taking shortcuts, while I rely on being "calm, not greedy, and phased investments." The result is: while others chase highs and sell lows, I can steadily walk far. Brothers, don’t underestimate the "stupid method"; it is the real ATM in the cryptocurrency world. $ETH $SOL #ElonMusk65908 Follow For More!
Money is flowing into crypto stablecoins for first time since collapse of 2022
The industry is seeing positive capital inflows again, recovering from the cataclysmic collapse of the Terra-Luna stablecoin last spring. Stablecoins and U.S. dollar-pegged tokens are generating positive net capital inflows to crypto markets for the first time in more than a year, new Glassnode data shows.
During the past week, stablecoins like Tether, USD Coin, Binance USD, and Dai have all exhibited positive behavior during a 90-day period.
With price action for bitcoin resulting in higher prices - the world’s top-performing cryptocurrency jumped past $37,000 this month, with some crypto analysts on Twitter (now X) opining that bitcoin was primed to head toward $50,000 due to the upcoming bitcoin halving and the likelihood of the U.S. Securities and Exchange Commission approving a spot crypto exchange-traded fund (ETF). There are currently 12 applications awaiting approval from the regulator, and a decision is expected as early as November 17.
Solana Is Down 15% Since Hitting a 14-Month High. Is the Rally Over?
Solana almost doubled in price over the past weeks, but gave up some of its gains Thursday.BitMex co-founder Arthur Hayes said he's been a buyer during the rush.Institutional inflows to funds and rising activity supported the trend, but some signs suggest the rally could halt.Solana's run came after many observers questioned its future following the implosion of Sam Bankman-Fried's FTX exchange and Alameda Research trading firm almost a year ago. Bankman-Fried and his companies were large investors in the Solana ecosystem.Despite the encouraging signs of rejuvenation for the ecosystem, total value locked (TVL) on the Solana network still lingered at $855 million, down from $10 billion two years ago. Only yime will tell whether this is a forced push. #SolanaInsights #BTC #etf #bnbgreenfield
The Internal Revenue Service's audio-only hearing today will draw views from the crypto industry on what threats the digital assets advocates see embedded in the proposed new tax approach being contemplated for cryptocurrencies.The concerns include user privacy, the scope of crypto entities that would have to report transaction information, the inclusion of stablecoins and whether the proposal implies anything about whether digital assets should be counted as securities.Other complaints with the proposal focused on its inclusion of stablecoins as reportable assets and its relationship with defining securities.To avoid this rule reinforcing the argument that digital assets are securities, Nicolas Morgan, president of the Investor Choice Advocates Network, asked the Treasury Department to make it clear that these rules wont apply to the security law. Rest assured our funds are safe......for now.#BTC #etf #BinanceSquare
Crypto market adds $600 billion in liquidity in a year
For the first time in several years, the cryptocurrency markets are witnessing a return of “tons of new liquidity, The Kobeissi Letter, a well-known commentator of the global capital markets, said in a November 12 post on X.
According to the account, crypto has added $600 billion in value over the past year, marking a 75% jump. Over the same period, Bitcoin’s value surged by 120%.
Most notably, the resurgence in liquidity is seen as a vital bullish indicator. As the popular X account put it, “A return of liquidity always causes historic moves in crypto.”
The total crypto market cap is currently sitting at around $1.46 trillion, the highest since May 2022. Hope we can soar even higher but only time will tell. #BTC #etf #BinanceSquare
BTC to $40,000? –Bitcoin Price Catalysts to Look for.
Bitcoin (BTC) price has hit a new yearly peak in each of the last three consecutive weeks. Investors anticipate that BTC will cross $39,000 next week.
Bullish holders shifted 30,000 BTC into crypto exchange wallets, signaling a possible profit-taking session in the coming week.
The daily Relative Strength Index (RSI) shows that BTC is approaching overbought territory.
Bitcoin Exchange Reserves stood at 2.01 million BTC when the price hit $38,000 on Thursday. But as of Sunday November 12, it has increased to 2.04 million BTC. Only a matter of time till we get to the conclusion.