The Federal Reserve (Fed) affects the crypto market.
On September 18, 2024, the Federal Reserve (Fed) announced a 50 basis point interest rate cut to a range of 4.75% to 5.00%. This is the first rate cut after several years of rate hikes aimed at controlling inflation. For the cryptocurrency market, interest rate cuts are often a positive. Historically, lower rates facilitate access to cheaper capital, which encourages investment in riskier assets such as cryptocurrencies. For example, in 2020, during a period of rate cuts, Bitcoin and other digital assets saw significant price increases due to increased liquidity in the market.
Investing in cryptocurrencies can be lucrative, but it is also very risky due to market volatility. Here are some tips to make investing safer:
1. **Deep Research**: Before investing, thoroughly research the cryptocurrencies you are interested in. Get to know the project, its technology, the team behind it, and its long-term potential.
2. **Diversification**: Don't put all your funds into one cryptocurrency. Diversifying your portfolio can reduce risk, since if one coin falls, others could compensate for the losses.
#Bitcoin Bitcoin was created in 2008 by a person or group of people under the pseudonym Satoshi Nakamoto. In October of that year, Nakamoto published a whitepaper titled **"Bitcoin: A Peer-to-Peer Electronic Cash System"**. This document described a digital money system that did not need a central authority, such as a bank or government, to function. Instead, it used a technology called **blockchain**, a chain of blocks of data that recorded all transactions in a public and decentralized way.
$PEPE PEPE cryptocurrency, inspired by the famous “Pepe the Frog” meme, has been showing interesting trends in August 2024. Although it has faced some volatility recently, analysts predict that it could experience a significant rally this month, especially if it benefits from Ethereum’s expected strength during the altcoin season [[❞]](https://finbold.com/pepe-price-prediction-for-august-other-frog-meme-coins-to-pump-next/) [[❞]](https://readwrite.com/pepe-price-set-for-august-rally-will-it-lead-the-market-recovery/).
As for its long-term projections, PEPE is expected to continue to be a relevant player in the meme coin market, with possible price increases in the coming years, although it remains a speculative investment with high risks [[❞]](https://changehero.io/blog/pepe-price-prediction/).
In addition, new related cryptocurrencies have emerged, such as “Pepe Unchained,” which offers advanced features such as a Layer-2 chain on Ethereum and promises to revolutionize meme coin trading with faster transactions and lower costs [[❞]](https://readwrite.com/pepe-price-set-for-august-rally-will-it-lead-the-market-recovery/).
In short, PEPE remains a popular choice among cryptocurrency investors, especially in the meme coin niche, with short- and long-term growth expectations, albeit accompanied by considerable risk.
Over the past month, the Pepe cryptocurrency (PEPE) has shown fluctuations in its value. In early July, PEPE experienced mixed behavior, with a downward trend due to bearish pressure in the Bitcoin market. Throughout the month, PEPE ranged between $0.0000068 and $0.000012, with an average of $0.000009.
Regarding its activity in the market, an increase was observed in the number of PEPE wallet addresses, increasing from 236,486 to 246,639 during June, which reflects a growing interest in the currency.
In mid-July, PEPE was trading around $0.000012, and its Relative Strength Index (RSI) indicated a possible increase in its value, with projections of reaching $0.000015 if the bullish trend continued. $PEPE
There are studies and statistics on the performance of trading operations, but these can vary depending on the market, the type of trading and the time period analyzed. In general, some of the common observations include:
1. **High percentage of losses**: Several studies indicate that between 70% and 90% of retail traders lose money in the market. This is due to various factors, including lack of experience, emotional influence and commissions.
2. **Few winning trades**: Although many traders close the majority of their trades at losses, a small percentage of successful trades can be profitable enough to offset those losses, especially in strategies such as high-frequency trading.
3. **Duration and type of trades**: Short-term traders (day traders) tend to have a higher proportion of losing trades compared to long-term traders (investors). However, profits on successful short-term trades can be faster and more significant.
It is important to note that these statistics can be influenced by many factors, including the trading strategy used, the discipline of the trader, and the market conditions at any given time. #Futuros #Trading
The Pepe cryptocurrency, also known as $Pepe, is a digital currency inspired by the "Pepe the Frog" meme. It was launched in April 2023 and is part of the "memecoin" phenomenon, currencies based on internet memes that often attract speculative investors due to their viral nature and their potential to generate large returns in short periods of time.
Here are some key points about $PEPE :
1. **Origin**: Pepe the Frog is a character created by artist Matt Furie, who has become a popular meme on the internet. The cryptocurrency seeks to capitalize on this popularity.
2. **Technology**: Like many other memecoins, $PEPE is generally based on existing blockchain technologies, such as Ethereum, although specific details may vary.
3. **Volatility**: Memecoins, including $PEPE , are known for their high volatility. Prices can rise or fall quickly due to speculation and viral trends.
4. **Risk**: Investing in memecoins like $PEPE is highly risky. The lack of solid fundamentals and the speculative nature of these currencies can lead to significant losses.
5. **Community**: The strength of $PEPE and other memecoins often lies in their online communities, which promote and spread information about the currency through social networks and forums.
Before investing in any cryptocurrency, it is important to conduct thorough research and consider the associated risks.
Commissions for trading on Binance vary depending on the type of transaction and user level. Below are some key aspects:
1. **Transaction fees**: - The standard transaction fee is 0.10% for both buy and sell orders.
2. **Discounts for BNB usage**: - If you pay trading fees using Binance Coin ($BNB ), you can get a 25% discount.
3. **VIP level structure**: - Binance has a VIP tier structure that offers additional discounts based on 30-day trading volume and the amount of BNB you own. There are 10 VIP levels, from VIP 0 to VIP 9.
4. **Withdrawal fees**: - Withdrawal fees vary depending on the cryptocurrency you are withdrawing.
For specific and up-to-date information, I would recommend checking the fees section on the Binance website, as they can change over time, greetings and good luck to everyone.
Investing in cryptocurrencies with the expectation of 100% returns can be risky due to market volatility. Here are some tips:
1. **Education and Research**: Before investing, it is crucial to understand the cryptocurrency market. Research the most popular cryptocurrencies and their fundamentals.
2. **Diversification**: Don't put all your funds in a single cryptocurrency. Diversifying your investment across multiple cryptocurrencies can reduce risk.
3. **Reliable Platforms**: Use recognized and secure exchange platforms, such as Coinbase, Binance or Kraken.
4. **Small Amount**: Start with a small amount, especially if you are new to the market. Investing $100 is a good starting point to learn without taking on a lot of risk.
5. **Technical and Fundamental Analysis**: Use technical analysis tools to identify patterns and trends in prices. Fundamental analysis will help you evaluate the long-term value of a cryptocurrency.
6. **Stay Informed**: Follow market news and updates. Global events and regulatory decisions can affect cryptocurrency prices.
7. **Planning and Strategy**: Define your objectives and a clear strategy. Decide when to buy and sell based on your investment goals and not on market panic or euphoria.
8. **Security**: Store your cryptocurrencies in a secure wallet. Hardware wallets are a secure option to prevent hacks and theft.
9. **Risk and Reward**: Be aware of the risks involved and do not invest more than you can afford to lose.
10. **Long Term vs. Short Term**: Decide if you want to invest in the short or long term. Long-term investments can be less risky and more profitable over time.
Remember that there is no guarantee of obtaining a 100% return, and cryptocurrency investments always involve a high level of risk, greetings and luck to everyone.