KateCrypto
@katecrypto
251 Following
141 Followers
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BITCOIN CAN NOT ONLY SOAR THREE TIMES IN A FEW MONTHS, BUT ALSO CRASH BY 80% IN A FEW HOURS!
I just want to remind those who may have forgotten due to the rise in price: Bitcoin can fall just as quickly as it can rise. For example, in April 2013, it fell 5 times: from 269 to 51 dollars.
Reasons:
1) the rapid rise in price from 13 to 269 dollars should have ended in a correction
2) The largest crypto exchange at that time, MtGox, collapsed
3) Fear and panic due to the collapse of MTgox provoked a sales snowball
Despite this, Bitcoin did not die, but even recovered and rose to $1,000 at the end of 2013.
This crash taught me a lot, including the following:
- Volatility is the price of the crypto market opportunity.
- Do not blindly trust centralized exchanges.
- Safety matters.
- Resilience, confidence and patience win in cryptocurrency
Could something like this happen again now? 0 reply
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Should we wait for the second drops? 🔮
Lately, influencers have increasingly heard the idea that there is no point in working with new projects now, because there are almost no truly worthwhile projects. Well, perhaps some kind of Monad or Story Protocol, and even that is already in the final stage of its testnet. There is also Unichain, but you must admit that this is just another Layer 2 in a long series of similar ones. So it's tempting to say, "Why don't I wait for the second drop?" Second drop from L0, ZKSync, StarkNet, Aptos, SUI or even possibly Arbitrum. 🤔 0 reply
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November 5th. Bitcoin and the US presidential election.
It seems that this US election will not end with a clear victory for Trump, for which markets, including American stocks and Bitcoin, have been preparing over the past week.
If Harris wins, markets will likely react with panic and move further down, continuing the current trend. However, over time, they realize that the coming huge amount of stimulus money will again pump up assets.
Therefore, we should expect a lot of volatility in the short term, but keep in mind that the long-term growth potential is still there. Greater volatility will be caused not only by the election result, but also by the likely interest rate cut by the US Federal Reserve this Thursday.
→ If Harris wins, a dump is possible, then consolidation and a pump.
→ If Trump wins, there will probably be a pump, and then an even bigger pump.
Good luck everyone, and get ready for the upcoming DCA opportunities and an even more exciting future for Bitcoin! 0 reply
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💡 Is DeFi difficult? Actually, not quite like that! 💡
Very often you can hear the claim that DeFi is complicated and tedious, that it is impossible to understand it. But let's look at this from a different angle. There are no objectively complex or simple things in the world - it all depends on how much you understand them. 😉
No one forces you to immediately dive into complex strategies or learn everything at the same time. Start small. Gradually, step by step, you will begin to understand the tools and mechanics, and what seemed complicated will become clear. Yes, you need to make an effort, but it’s easier to do nothing, right? 😄 But, as you know, life doesn’t work like that.
Therefore, remember: difficult is just a stage on the path to understanding. Everyone who wants to achieve success sooner or later faces difficulties, and only through effort can they be overcome. DeFi is no exception, but with a little effort, this world will become much more understandable and profitable. 💸 0 reply
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💡 How much can you really earn in DeFi now? 💡
After the spring growth of this year, which is already in the past, interest rates in DeFi have become much lower, but this does not mean that it is no longer possible to make money in DeFi. 👀 Let's look at the current realities.
In the spring of this year, the profitability in some protocols reached 60-70% per annum on stablecoins. For example, staking stables through Ethena allowed you to earn such interest - it was a reliable option in a bullish or flat market. Of course, now there are no such rates, but the year is not over yet, and if we take the average return for the year, then 30-40% per annum on stablecoins is a very realistic figure. 💸
DeFi, combined with an understanding of market cycles, provides excellent opportunities for stable income. 30% in DeFi plus the income from choosing the right market phases is the real X on X that everyone is looking for in crypto. And believe me, they are here, not in risky futures. 🎯 0 reply
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💡Airdrops: pampering or life change?💡Let's figure it out.
I have 10-20% of my capital in crypto in Airdrops, but the main part is DeFi and a little in altcoins, which I believe in. But here it is important: no futures, no leverage - only spot positions.
1) You follow trends.
Airdrops are always associated with new projects that are just entering the market. This is a great opportunity to keep your finger on the pulse, understand which projects will cause hype, and where the market will move. 💹
2) You learn new mechanics.
Airdrops allow you to see how new technologies work, how you can make something faster, better, stronger. This is always an interesting experience that helps improve your crypto skills. 🛠
3) It's a bit of a gambling addiction.
And yes, I won’t hide it - this is also a way to half-assume. In crypto, we are all gamblers to some extent, it’s just that some people admit it and others don’t. 🎲 0 reply
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