Duc Nguyen
@ducnguyen79
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ATTENTION!l
Bitcoin has decreased since morning but funding rates on top exchanges are mostly still neutral or green. 👉In my opinion, this is not a good signal for the bulls today. Anyone who has a LONG order should set a stoploss!
Elsewhere, statistics show that 358,000 $BTC BTC was purchased by diamond hand wallet addresses in the past month, and at the same time, ETF funds bought a net of about 53,000 BTC. This is an unprecedented buying phase of large wallets.
👉👉👉In short, the past 5 months of Bitcoin's sideways movement at $60,000 is more like an accumulation phase than a distribution phase.
However, even though Bitcoin does not fluctuate much, retailers still fall due to countless reasons such as burning margin, getting stuck in shitcoin rug-pull, swinging altcoin peaks...
💵"BUILDING IS NOT EQUAL TO LONG-TERM CAPITAL" you must have a long-term strategy with the market to hope to win! 👉Creators have nothing but money and time. If you don't have money like them, at least you have time! 0 reply
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Why are cryptocurrencies falling? 🤔🤔
Of course, all cryptocurrencies turned red as BTC lost over $1,400 in just two hours. Today's drop is once again worrying about excess BTC supply. MTGOX announced it will refund over 140,000 BTC to its owners starting this month.
According to creditor posts on Reddit, X, and Telegram, refunds are being processed through the Kraken exchange. Additionally, MTGOX transferred an additional 47,500 BTC to various addresses today. Debt holding billions of dollars faces an attractive selling opportunity with more than 200 times returns at current prices.
Investors, fearing that those receiving their funds would be refunded quickly, acted early to reduce their risk, leading to a decline in BTC's price. Furthermore, this is not the only problem. The US government moved $4 million worth of BTC to Coinbase Prime, signaling a new energy selling platform. The United States Holds Billions of Dollars in BTC Confiscated in Various Situations 0 reply
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DON'T GIVE REASON
This is Jim Thorpe.
Looking closely at the photo, you can see he is wearing different socks and shoes. This was not fashionable at the time.
This is the 1912 Olympics and Jim, an Indian American from Oklahoma represents America.
On the morning of the competition, his shoes were stolen. Luckily, Jim found two shoes in a trash can. Those are the shoes he wears in the photo. But one of those shoes was a little too big, so he had to wear an extra sock.
The story above reminds us: Don't justify giving up in the face of adversity.
What will you do with it today? If you wake up in the morning and see: Shoes stolen, someone sick, stormy weather, business failure, bad luck,...
Don't let the REASONS stop you on your LIFE'S JOURNEY.
You will achieve more wonderful things in life if you always have an optimistic, positive attitude, always overcome the nonsense reasons that are blocking your progress instead of immersing yourself in suffering in life's traps! 0 reply
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Journey into the Crypto Market and Valuable Lessons
Phase 1: Riding the Rising Wave When SHIB Was Listed on Binance
On March 8, 2020, I decided to invest 300 USD to buy SHIB at 0.000000011, equivalent to 33,333,000,000 SHIB. On May 10, 2021, when SHIB was listed on Binance at a very high price of 0.00005 USD, I did not take profit in time. Finally, on May 11, 2021, I only closed 333,333,000 SHIB at a price of 0.000035 USD and still retained 33,000,000,000 SHIB. If I finished at that time, I would have had 1,166,655 USD, enough to buy a house and car with 166,655 USD, leaving 1,000,000 USD left to continue investing. I used this money to buy back SHIB for 0.000006 USD, equivalent to 166,666,666,666 SHIB.
Phase 2: Collapse and Sideways (June-October 2021)
On October 6, 2021, when SHIB price reacted with strong resistance at 0.000035 USD, I sold 66,000,000,000 SHIB, earning 2,310,000 USD. Still holding 100,000,000,000 SHIB and continuing to hold until November. When SHIB price reached a new peak at 0.000088 USD 1 reply
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Noticed a change in how Binance lists new tokens lately?
It used to be all about Launchpool, but now they're doing more direct listings. Maybe it's because other exchanges are getting in on the action!
Remember $ZK ? And now #LayerZero (ZRO) is coming soon. Seems like other platforms announce these listings first these days. Hey, #Binance , being a leader doesn't mean you always gotta be first, right?
We kinda thought Binance might wait to list some tokens until things were more established (think project development, token details, and a strong community). Turns out, we were wrong! 😖
Gotta remember, Binance is a business, and making money is their priority. More listings = more profit. 🤫🤑
Still, we'd love to see Binance keep their pre-listing process strong and transparent. That way, everyone wins - the community, Binance, and us! And yeah, I still with you Binance 0 reply
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