Bull_bnb1

Hey Crypto people ! The market might
be slow right now. Here are 3 things
you can do while waiting for the market.

Let's dive in! 🧵👇

1. Educate Yourself

Understanding the technology behind cryptocurrencies can give you a significant edge. Here are some ways to get started:

🟠 Learn About Blockchain:

Deep dive into how blockchain works and explore its various use cases. Knowing the technology can help you appreciate the potential of cryptocurrencies.

🟠 Stay Updated with Trends:

Read up on the latest trends like DeFi (Decentralized Finance), NFTs (Non-Fungible Tokens), and Web3. These innovations are shaping the future of finance and digital ownership.

🟠 Online Courses & Webinars:

Platforms like Coursera, Udemy, and YouTube have excellent courses on blockchain and crypto. Invest some time in these resources to expand your knowledge.

2. Explore Crypto Mining and Staking 💰

Mining and staking are great ways to stay engaged with the crypto space and even earn some rewards.

🟠 Crypto Mining:

If you have the right hardware, consider mining Bitcoin or other cryptocurrencies. Mining can be a fascinating way to understand the fundamentals of blockchain operations.

🟠 Staking:

For a less hardware-intensive option, look into staking. By staking your coins in Proof-of-Stake (PoS) networks, you can earn rewards for supporting the network.

Things to consider:

- Research which coins are most profitable to mine or stake.
- Learn about the best practices for securing your mining rigs or staking setups.
- Join communities and forums to share tips and get advice from experienced miners and stakers.

3. Build and Diversify Your Crypto Portfolio 📊

Use this time to review and possibly rebalance your crypto investments.

🟠 Analyze Your Portfolio:

Take a deep look at your current holdings. Are there coins that no longer align with your investment strategy? Consider reallocating funds to promising projects.

🟠 Research Altcoins:

Look beyond Bitcoin $BTC ,#CPI_BTC_Watch #Ethereum_ETFs_Expected_Date #Megadrop #US_Job_Market_Slowdown

REMINDER:

IF YOU ARE PANICKING BECAUSE OF
THE GERMAN GOV'T SELLING SPREE,
DON'T BE BECAUSE FTX WILL START
DISTRIBUTING STABLECOINS TO
CREDITORS.

🔴 GERMANY: -$3 BILLION

🟢 FTX: $16 BILLION

FTX PAYMENT IS 5 TIMES BIGGER
THAN GERMANY.

GIGA BULLISH 2024 🔥#SOFR_Spike #ETH_ETFs_Approval_Predictions

🚨BREAKING 🚨

🇩🇪 GERMAN GOVERNMENT HAS SO
FAR SENT 76% OF ITS #BITCOIN,
TO THE EXCHANGES. ITS HOLDINGS
ARE NOW DOWN TO 13,110 $BTC
($767 MILLION).
$BTC #BTC_Bounce_Back_to_57k

Bitcoin is back above $59k 🤝

Expect next 2-3 months to be sideways, main fireworks will happen by end of 2024 where we will see Bitcoin making new highs.

Alts will make bottom in next 2 months and you will see an epic altseason early 2025.

So build your positions accordingly, don’t panic sell. Hold and be patient.

YOUR TIME IS COMING 🔥#BinanceTurns7 #ETH_ETFs_Approval_Predictions #Ton_Coin_Surge

IMPORTANT POST

WHERE DID THE 100X CRYPTO
PROJECTS GO ? WHY RETAIL DON’T
CARE ABOUT BIG FUNDAMENTAL
PROJECTS ANY MORE ? WHY THE
SENTIMENT IS SO LOW ?

Simple - all These High FDV Project
Launches Are now Pushing Retail
Investors Away From Fundamental
Projects with experienced teams.

People only seem to care about
memecoins now and big projects
created this problem themselves.

Let me explain.

What is FDV?

Fully diluted valuation (FDV) represents the total value of a cryptocurrency project if all its tokens were in circulation.

FDV vs Market Cap

The market cap shows the current value of a cryptocurrency project by multiplying the current token price by the total number of tokens in circulation.

Now Crypto has become a place where you need lots of money to make more money.

There are very limited 50x-100x opportunities right now where retail can make life-changing gains.

VCs and new crypto projects have made it almost impossible for retail to win in this market condition.

Nowadays, crypto projects are launching at such high FDV that they have very limited upside potential left.

Let's see a few recent crypto launches and their FDV at the time of their launch:

1️⃣ Wormhole

➬ Launched in April with an FDV of $15B

2️⃣ EtherFi

➬ Launched in March with an FDV of $5B

3️⃣ Ethena 

➬ Launched in April with an FDV of $10B

Apart from them, there were other projects like SAGA, DYM, and REZ, which all launched with an FDV > $2B

The only chance for retailers to make money through these protocols was through airdrops, but now it has completely become a game for the ultra-rich. 

Very Few big FDV projects are been
successful but most have been just
hanging there.

But this was not always the case.

In the last bull run, several crypto projects pumped 100x-1000x, and retail made a ton of money from them.

Here are a few examples 

1️⃣ Solana

➬ Launched in April with a market cap of just $7M and peaked in 2021 at $98B

➬ 14000x in just 18 months 

2️⃣ Polygon 

➬ Launched at a market cap of < $20M

May 31: NASDAQ : BITCOIN : GOLD:

Nasdaq is trading at bottom of this week and seems close in RED week after 5 consecutive green candle.

DOW also rejected from 40000 after touching ATH. DOW next support is 37800 and 37125.

Gold is sideways in this week and trading near 2340.

Bitcoin also struggling to break its all time high and trading near 1% down in this week. Support is $67000 and $64500.

ETH is Showing positive strength due to ETF FOMO but price stable near 3800 due to weakness in Global market this week.