Subi Malik

$BTC Cracks All Time High but why aren't Alt Coins racing?
Simple reason is that big players are getting into market and hoarding Bitcoins. Market at this period of time is highly speculative and it remains to be seem how much will Bitcoin pump by this huge influx.

How #Litecoin Outshines Bitcoin as Payment Option?

1. Litecoin (LTC) has seen a significant rise in its performance as a payment protocol on BitPay.
2. LTC's dominance on BitPay reached an all-time high of 41%, making it the top cryptocurrency for payments.
3. This new development showcases LTC outperforming several digital assets, including Bitcoin (BTC).
4. Cryptocurrency payment has gained extensive recognition among individuals and merchants as a cost-effective transaction method.
5. Despite the recent Bitcoin rally driven by the spot Bitcoin ETFs market success, this interest has not fully translated to adoption as a payment protocol.
6. BitPay data shows that Litecoin is the most used cryptocurrency for transaction settlement with a 41.76% dominance, while Bitcoin's stands at 24.36%.
7. The BitPay chart also reveals that from July to October 2023, other cryptocurrencies surpassed Litecoin as a payment option. However, in November, Litecoin began to rise, eventually overtaking the others.
8. Ethereum's use as an alternative payment method accounts for only 9%. Other cryptocurrencies listed include Dogecoin (6.8%), Polygon (5.06%), Bitcoin Cash (5.59%), and USD Coin (3.69%).
9. Litecoin's position indicates its recognition as one of the top-standing digital assets.
10. At the time of the article, the LTC price had seen a 4.68% increase in 24 hours and was trading at $88.98. The impact of its intense usage over time might help shape LTC’s valuation metrics.

#Solana Price soars can it hit 200$?
- The Solana cryptocurrency price has been rising for three consecutive days, signaling sustainable growth.
- "A cup and handle pattern" indicates that the Solana, or SOL coin, is ready for a higher rally.
- The 24-hour trading volume for Solana coin is $4.8 Billion, reflecting a 24% loss.
- Solana, the native token of the Solana ecosystem, has rebounded well from the recent sell-off in the cryptocurrency market.
- On March 5th, this altcoin fell to a value of $105 but quickly recovered, suggesting that buyers are accumulating this asset during market dips.
- The long-tail rejection candle indicates that Solana's price sustainability above the $120 support has maintained the bullish projection.
- This trend is further supported by the development of a cup and handle pattern.
- To conclude the price of Solana could potentially reach $200 next, driven by its bullish breakout and social media buzz.

Connect Crypto Bot with Binance and Earn 1000% Gain 😍
"Hey friends, now you can connect Crypto bot with Binance and become a millionaire in few Months"
Sounds exciting doesn't it? Just requires a third party crypto bot and your account. Well it is a very quick way to lose all your money in Blink of Eye.
People get so much greedy listening to claims which promise astronomical gains or offers something for free but remember everything comes at a cost. There is no free lunch in world and if somebody promises it is either fooling you or Hiding the risk attached with what they offer.
Crypto bots work on small trading scale, and offer help to traders for small time scale like 15min or 1hr. It is not that these bot always give profit, They do come with attached risk if volatility in market is high. Every other exchange nowadays have such bots.
Linking a third party bot, which you don't know is a very critical fault done by some beginners. They get greedy and hackers steal all their crypto assets. So keep your Private keys or Passwords in secret and do dont indulge in such practices which you don't completely understand or have risk of losing money.🙂
For Beginner Simple way to Earn interest is lock your crypto in certain trusted wallet (or DeFi Apps) or Exchanges, who use your assets to do trading.

🚨 Beware of Various Crypto SCAMS! 🚨

🔒 As the popularity of cryptocurrency continues to rise, so does the number of scams targeting unsuspecting individuals. Here are a few scams you need to be aware of:

1️⃣ Phishing Scams: Be cautious of fake websites or emails that mimic legitimate crypto platforms. They aim to steal your login credentials and access your funds.

2️⃣ Ponzi Schemes: Beware of promises of high returns on investment. These schemes rely on recruiting new investors to pay off existing ones, eventually collapsing and leaving many empty-handed.

3️⃣ Fake ICOs: Initial Coin Offerings (ICOs) can be an exciting investment opportunity, but scammers create fake ICOs to trick people into investing in non-existent or worthless tokens.

4️⃣ Pump and Dump Schemes: Be wary of groups or individuals promoting low-value cryptocurrencies to artificially inflate their prices. Once the price peaks, they sell their holdings, leaving others with losses.

5️⃣ Social Media Impersonation: Scammers create fake profiles impersonating prominent crypto figures or exchanges, tricking users into sending funds or revealing sensitive information.

Remember, always do thorough research, verify the legitimacy of platforms, and never share your private keys or personal information with anyone.
Have you ever been Scammed? Share your experience
Stay informed and follow to keep yourself updated with unbiased reliable updates from Crypto World! 💪💰

$BTC
#CryptoScams #StaySafe #ProtectYourInvestments

#Fetch.AI Coin reached ATH but Bearish risk could Maul it to 0$?
Crypto AI project Fetch.AI's native token FET recently reached a new all-time high of $2.86, following a significant spike of over 46% on March 6. However, $FET now faces a bearish risk due to the formation of a bearish technical pattern called the 'Rising Wedge.' This pattern suggests a possible downside target of $0.03, a drop of nearly 99% from current levels. While such drastic drops are rare, bullish cues from the project, such as the launch of Fetch Compute after a $100 million infrastructure investment, may help invalidate the pattern. FET price has also experienced a correction after reaching its all-time high, and the relative strength index (RSI) indicates an overbought condition. A correction could push FET price towards the support level near $2.05, and breaking below that may lead to a drop to the 20-day EMA support near $1.5. On the other hand, an uptrend could push FET into price discovery, targeting resistance levels near $3.17 and $3.8.
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#India wants to curb foriegn Crypto Exchanges but will they be Successful?
Indian govt. has been banning certain crypto exchanges while allowing local exchanges to work with enhanced data collection measures. With the rise in Authoritarianism, Govt. doesn't want any parallel economic system to run which they can't control. But measures of ban are having limited impact on Indian people, who infact want to invest in crypto more than ever. Why?
Experts suggest people have lost trust in govt. agencies. The Unemployment rate is at its highest while certain fundamentals of Indian economy have broken down. The manipulated economic data makes things worst, Govt. Data suggests their is 4.5% Inflation. Can it be trusted? When cost of basic commodity items have doubled in 4 years. Indian rupee has fallen in comparison to dollar but this fall is very small in comparison to how economy performs. It seems a clear manipulation of Indian currency by its Central bank (RBI) as pointed out by international institutions like IMF.
Compiling above and other factors, it seems Smart People in India are experimenting with other Assets with crypto being one of them. It is unclear what will happen to Indian rupee as Authoritarianism rises and Communal hate creates further dent in Country's image as being safe place for FDI (foreign direct investment).
Do you think crypto is good asset class for Indian People as such?

#SOL hitting 130$ mark consistently!
$SOL has been fluctuating around 130 $usdt so keep your stop loss around 110$ and aim for 140$ in Weekly trading.
$BTC Will be hitting $65k
Will $ETH cross $5.5k this month?

Can$DOGE coin make you Rich?
Most people are buying meme coins thinking they will be millionares. Their logic "If coin hits 1$" I will make this amount of money. By this flawed logic they fell into trap of meme coins. Meme coins like Penny stocks (in Stock market) will shoot for Moon and guess what? They will then fall and die in space without oxygen👻.
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You may say, Subi don't speak bullshit, you have wasted your Economics degree. Can't you see how meme coins accelerated in past and are showing same trend. Well it's difficult to kill ignorance, Meme coins are actually pumped and dumped. Pump and Dump is a very unethical method by which Rich Whales (like Elon's Doge) take money from some people who lose money. As economists say "More of something is always less of Something else". Talking about principles Meme coins have no utility, their supply is unlimited, they are super hyped by paid crypto news media (guess from whom? Whale holding it) and at last the will make you bankrupt.
How they work? Simply at start of meme coin project namely "FOOL" the coin costed 0.0000000002 (lost count of zeros) Big whales start hoarding lot of Meme coin and Other 50% "FOOL" coins are being burned (burning reduces supply) now cost is 0.0000005 (astronomical gain with lesser zeros). Still "FOOL" coin has no real value and can't be listed. Crypto paid media starts hyping "FOOL", people start buying it, Whale starts burning more coins, price increases, Initial buyers are profitted (if they exit), More people start buying it in bulk in FOMO (Fear of Missing out) and when market cap goes green, Whales now has opportunity to cash out. Had he (can be they also) not created all this masterplan for this moment?. When he cashes out his "FOOL" tokens into USDT it is astronomical gain for him but this actually comes at cost of people who lose money as coin crashes into Toilet.
Remember the Wise man once said: When your whole Input is Greed your Output will either be Jail or Bankruptcy (Begging)

This COIN will go to MOON🥶

Hey there, fellow crypto enthusiasts! let me put on my sarcastic hat and gently remind you all why it's absolutely crucial to never, ever listen to anyone in the crypto market. Brace yourselves! and also Follow me for more updates😘

Ah, the famous phrase "coin to the moon"! It's like music to our ears, isn't it? Well, let me burst your bubble and enlighten you about the not-so-glamorous reality. You see, my dear friends, the path to the moon is not always smooth. In fact, it can be a treacherous rollercoaster ride filled with unexpected twists and turns.

Now, picture this: you invest your hard-earned money in a coin that promises astronomical gains. The hype is real (brock lesner), and everyone is chanting "Coin to the moon!" But wait, what's that? Oh no, the coin takes a sudden plunge (Coin to toilet), crashing down to the depths of the abyss. And just like that, your dreams of interstellar wealth vanish into thin air.

But hey, who needs a moon when you have the comforting embrace of financial ruin, am I right? Don't you just love it when your investments turn into dust? It's like a rollercoaster of emotions, with despair being the main attraction.

So, my dear crypto enthusiasts, let this be a cautionary tale. Don't blindly follow the hype and listen to every "coin to the moon" chant you hear. Take a moment to do your own research popularly known as DYOR, understand the market trends, and make informed decisions. Remember, there are no guarantees in the crypto world, and even the most promising coins can crash and burn.