Crypto Paradise

2023-02-12 15:50:57 Top 15 DeFi projects by active users

@Crypto_Paradize ओपन / कमेंट

2023-02-05 12:56:00 Bitcoin is increasing more and performing better than U.S. government bonds this year.

However, it's essential to note that Bitcoin is a highly speculative and volatile asset, while government bonds are considered to be a more stable and low-risk investment option. The performance of an asset can vary greatly over time, and past performance is not a guarantee of future results

@Crypto_Paradize ओपन / कमेंट

2023-01-29 10:49:48 Bull scenario for FITFI

FITFI is a Step App token, a copy of the legendary STEPN. FITFI is the counterpart of GMT, a limited-issue management token with a burn mechanism.

Historically, FITFI has followed the movement of the GMT coin. But in January, GMT was up 180%, while FITFI was up only 30%

StepDAO is scheduled to launch in February. Some of the tokens from the offering will be zapped for voting. This will take pressure off the price. A portion from the Step App platform and blockchain commissions is used to redeem the tokens

FITFI has only 5 tokens since tokensale and linear unlocks. By comparison, GMT has 65 X's from the public sale. There is pressure on the price, but not much.

Conclusion: There is movement in the ecosystem, its Step Chain blockchain is developing, new applications are being created and the economy is improving.

If you're thinking of speculating, only spot. These tokens are too volatile for futures, most will be liquidated.

@Crypto_Paradize ओपन / कमेंट

2023-01-29 10:48:33 El Salvador mines BTC from volcanoes 

The Tecapa volcano in El Salvador produces more clean geothermal energy than the local population can use

Mining bitcoin with additional energy helps reduce costs and balance the power grid

@Crypto_Paradize ओपन / कमेंट

2023-01-28 13:44:42 HODL or Speculation?

Today let's break down 2 opposing strategies for profiting from the market.

HODL

You choose an asset, such as ETH, and start buying regularly once a month/week/day. You don't pay attention to the price, the main thing is to buy regularly and for the same amount.

Pros:
Analysts at JPMorgan calculated that over the past 20 years, the average investor's return has been 2.9% and has only outpaced inflation. While the SP500 was growing at 7.9% a year. Much more profitable to buy and forget.

Cons:
- Discipline (forgot to buy)
- Emotions (scared to buy when things go down)
- Fear of news (Bitcoin scams, Ethereum gets regulated...)

This is why not everyone can stick with a DCA or HODL strategy.

Speculation

Trying to buy cheaper and sell higher, hunting for the best entry and exit points.

Speculators use many strategies to measure the degree of mood in the market:

- Fear index/crowd mood: buy when it's bleeding, sell on euphoria.
- Technical analysis: buy under a 200-day MA.
- On-chain metrics.
- And even lunar phases ;)

Pros:
You can preserve capital during market declines and outperform the market during gains.

Cons:
The market is often prone to giving false signals, fakes, manipulation, etc. Emotions can trick you into selling during a depressed market. And this is the best entry point.

Truth in the middle

Instead of trying to only HODL or only speculate, create 2 portfolios:

1. Long term for 5-10 years with fundamental projects. For now it's BTC and ETH. Invest regularly, small amounts on a buy&forget basis. Sid-phrase just do not forget.
2. Portfolio for speculation on trends, altcoins and any ideas.

There is no perfect strategy. Discipline, experience, persistence and luck is the Grail.

@Crypto_Paradize ओपन / कमेंट

2023-01-19 16:03:28 FTX assets worth $5.5 billion

On the left are illiquid assets that can't be sold right away. FTX holds 99% of all OXY, MAPS and SRM

On the right is the balance of liquid assets where SOL , FTT (80% of the supply), BTC , ETH and others are the biggest

Logically, the court should oblige the exchange to distribute all assets to the affected users. Only whether it will oblige and whether Alameda will have to sell assets for this purpose is not clear

There could be volatility in the short term.

@Crypto_Paradize ओपन / कमेंट

2023-01-18 16:07:28 Bitcoin is still heavily overbought on 1D (87 on RSI), and on 4H we see divergence with a hint of downside reversal and volatility compression. The chart favors the correction of the recent growth, and the release of the US PPI data this afternoon may give a good reason for that

Digital Currency Group cancels dividend until better times, company cuts costs because of Genesis unit debts. Maybe they'll even get paid, someday....

FTX has $685 million worth of Solana coins in recovered and liquid assets. The intrigue is whether liquidators will pay back the exchange's debts in cryptocurrency or in dollars by having a sell-off ♂️

@Crypto_Paradize ओपन / कमेंट

2023-01-10 13:51:10 Bitcoin almost reached $17,400, but then the Fed spokesman's promise to raise the rate above 5% and keep it there until the end of 2023, turned the markets around sharply. And that's before the head of the regulator Jerome Powell spoke, we are waiting for him closer to tonight

BTC retained its level of $17,200 and that's good. And crypto market participants left greed for X's on altcoins, even FTT found buyers

@Crypto_Paradize ओपन / कमेंट

2023-01-09 20:23:06 Financial asset classes as a percentage of the total in the world

Bitcoin is only at the beginning of its journey

@Crypto_Paradize ओपन / कमेंट

2023-01-04 14:43:42 Bitcoin's achievements in 14 years

- 140,000,000 people use bitcoin;

- 12,499,999,899% increase in the price of bitcoin;

- $105,000,000,000,000
transactions processed using bitcoin;

- 250,000,000,000,000,000,000
cryptographic hashes are computed every second to protect bitcoin

@Crypto_Paradize ओपन / कमेंट