The staggering amount that's liquidated by positions every time BTC dips shows that people just don't learn.
Don't. Fucking. Use. That. Seriously, how many times are we going to see a small bump upwards, only for the whole market to then dip and everyone who had positions lose a lot of money? I know people in crypto never learn, but you'd think we'd have less idiots after the tenth time it's happened. It's not worth it to leverage, not in such volatile times when we're not even sure how the bear run will last. It might be a couple years. Trying to game the system right now is a fool's gamble, and a lot of people already got burned by it. Just be patient, DCA and go with the flow. You'll be rewarded eventually.
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88% up
Ripple decision is 'troublesome on multiple fronts', says former SEC official
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100% up
It all adds up, not only we are bullish, institutions and companies are bullish, too (see new Reddit ToS)
Today Reddit changes its Terms of Service, especially around *"community points"* and *"reddit collectibles"* like *"avatars"*. Blackrock, Ark Invest, Fidelity and co. filing for spot BTC ETF. AVAX and SOL had a nice pump, AWS (Amazon Web Services cloud computing) are investing in AVAX! Microsoft is bullish on crypto. JP Morgan being one of the biggest ETH holder. These big companies and institutions plan their moves far ahead, they want to position themselves for a very likely bullmarket next year. Our dear Reddit is our best indicator, they have chosen the best time to reveal their new ToS and **now we're primed for a bullmarket** in the next year. No serious company does this move in the middle of a bullrun. Bear markets are the time to build + grow + prepare for future gains! *Thank you Reddit!* *Glory to all those who opened their vault!*
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86% up
10 years from now
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75% up
The next FOMC meeting is July 24th-25th, if they continue to hike, prepare for some dips
I don't like to smash this sub's dreams of a bullrun, but global economy (which crypto also follows like any other market) still doesn't look great. Last time the FED paused for the first time after their relentless interest hikes. In their last FOMC meeting, FED chair Jerome Powell said that they will keep raising interest. We will be seeing some dips in these times around. Either you're a bull or a bear, it looks like DCAing after the FOMC meeting is better than FOMOing now. Trying to break this inverse-this-sub-rule with my rather bearish post to keep the crypto charts crabbing a bit longer, so I have enough time to DCA. So many bullish posts lately, we need to keep it balanced with same amount of bearish (and more realistic) posts. *Disclaimer: this is not financial advice, just my 2 cents and my hopes in keeping this sub's sentiment balanced between too bullish Versus too bearish.*
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86% up
A buddy of mine bought a scam coin.. he is no longer my buddy
Lol this idiot was trying to convince me all the time to buy this shitcoin (im not gonna name it so I dont shill) but he always kept telling me how he was going to get rich ans how I am playing it dumb always buying bitcoin and missing out. Well this coin lost 87% of it value now and he has not spoken to me since 5 months lol and at work avoids me. He doesn’t even look at me lol.
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100% up
this space is broken...
i was just browsing like the usual and in the top searches on coingecko i find a new coin i have never heard about it's been out for over 2 years... try to find some info (as you do)... checked the explorer, it's etherscan what is the project about? : 'boarderless payment' .... omg then i check the reddit (no reddit) then i check twitter 3000 followers prolly all bots plus no one i know follows the accounnt, then i check the exchanges, its only a dex (after 2 years) with 200k USD daily volume and yet a 200m market cap ... i wont mention the coin cuz its dogshit but damn... is this space broken?
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80% up
BlackRock CEO Larry Fink's Bold Prediction: Crypto Will "Transcend" Traditional Currencies
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Is it possible to become a wholecoiner these days?
I hope it's not to late
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Does anyone still mine BTC/ETH in their basement? Or have individual miners phased out?
BTC global hash almost ATH (\~400 EH/s ) even amidst turbulence in prices, I used to see a few enthusiast run pools advertised here and there but not for a good while now. Do we still have people running their own ASICs/GPUs, or have we all migrated to something like NiceHash? Wondering on the profitability of mining scene at the moment and how sustainable it would be, have been hearing for a little while you could only maintain a reasonable margin if electricity is dirty cheap/free where you are.
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100% up
Worldcoin’s World ID Project Surpasses 2 Million Users
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86% up
Katie Haun: Appeal of recent XRP court decision seems 'unlikely'
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100% up
Searching for "great" onramp
Of course, I would prefer no-KYC, but fiat deposits kinda strikes off that idea. If there's an exchange that allow for onramp without KYC (maybe there's a DEX out there?) I would love to do that. But, if I must do KYC, I would prefer an exchange based in the US (as I am based in the US). The only one that I can come up with that doesn't restrict against US is Coinbase (Kraken doesn't serve certain states). Any suggestions would be greatly appreciated.
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Brazilian CBDC Allows Government to Freeze Funds, Developer Finds
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Guest Post by crypto.news: What is Worldcoin: the iris-scanning crypto project that sparks privacy debates
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100% up