CRYPTO TREYSI
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🧩 About Crypto β€” in simple words, making cash, talking about my personal experience in Crypto, NFT, GameFi, IDO digital projects.

πŸ”° No investment advices; Always DYOR!
πŸ’Œ FAQ: @Cooperate_Treysi
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πŸ—£In my opinion, Bitcoin will be able to break its high in 2025. Why? In my observation, each crypto market cycle becomes slower compared to the previous one. Previously, Bitcoin could go from the bottom to its high in just a couple months. Now this period can be more than 1 year (starting from the moment of growth).

🟠Tentatively, after the halving, which will be held on April 7, 2024, should begin a more dynamic growth of the market. Thus, in the second half of 2025, Bitcoin will have to reach its maximum.

I'm just my opinion. Not a financial recommendation.

❔ When will bitcoin overtake its maximum historical price value?

πŸ‘ - in 2024
πŸ”₯ - in 2025
❀️ - in 2026
😒 - Never

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How $20,000 worth of NFTs were stolen β˜‘οΈ
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This is Treysi. Friends, today I would like to offer you a break from numbers and statistics. I have prepared a cautionary tale for you. It happened to a good friend of mine. About how he was cheated out of $20,000.

βœ”οΈ Let's get started. The story will be told in the first person.

"Couldn't sleep for a long time. At 4:30 AM decided to sit at the computer so my eyes got tired and I went to bed. Remembered that I have an OG role in the Sui Name Service project. Went to Discord. Wanted to get active since I haven't done that in a while. As soon as I logged into the chat, the official moderator drops a message with an offer "The first 1000 people will get a special drop from our project".

🟠I thought, "Wow, how lucky I am.". In the message itself there was a link where you had to connect your MetaMask wallet. I did everything, but during the confirmation stage MetaMask gave me a message about "suspicious connection", which made me suspicious. And I was starting to wonder: the Sui blockchain is asking to connect a MetaMask wallet! - weird. I mean, they have their own wallet. I also looked at the domain. It's weird too. Disconnected all wallets and forgot about it. Went to sleep.

🟠In the morning I wake up, go to the chat room of another project and see that the chat room where I was sitting yesterday is gone. Then I have a logical chain. I remember that at night I connected my wallet. And that's when it all made sense to me.

I went to OpenSea to check my NFT in the amount of almost 20000$, which were on my wallet. And I saw that they were all gone.

🟠So why did I get caught in a scam, although the message was from official moderators. In the end it turned out that the moderator's account was hacked. The link hung for 5 seconds and I got caught in them.

It's very frustrating that this happened."

❔ Would you like more stories like this? (I know many such cases)

πŸ‘ - Yes
🧐 - No

#useful_history

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πŸ—£ In order not to lose money, as my friend, I advise you to check everything carefully before connecting your wallet anywhere. Even if the message came from a moderator in the official chat of the project.

⚫️Even Discord accounts top project can quietly hacked. This happens quite often. Always be careful when working with money, especially in the field of cryptocurrency. Yes, these are super corny words, but they will help you save your hard earned money!

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πŸͺ™Sam Bankman-Fried was sent to jail pending trial

⚑️Today new information on the former head of crypto exchange FTX has emerged, he was decided to be placed in custody until the next trial.

πŸͺ™Earlier ex-head of the FTX exchange Sam Bankman-Fried was released from prison, December 22 on bail of $250 million

πŸ‡ΊπŸ‡ΈBut now the court has granted a filed motion by the U.S. Department of Justice to revoke bail for FTX founder Sam Bankman-Fried and place him in custody.

❔Do you believe in compensation for the money lost because of FTX?

πŸ‘ - Yes
πŸ€” - No

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PayPal wants to take over the crypto market 😱

Friends, hello everyone. There is one interesting news today.
I think many people remember that recently the payment system PayPal announced the launch of its stablecoin - PYUSD. But that's not all...

🟠Today PayPal announced the launch of a new service - "Cryptocurrencies Hub". This platform will allow users to hold and transact Bitcoin and other cryptocurrencies directly through their PayPal account.

🟠The updated terms of use tell us that users will be able to not only store, but also buy and sell cryptocurrencies, as well as pay for goods and services using them. There is also the possibility of converting between the new PayPal steible, PYUSD, and other crypto assets.

However, there is a nuance: you will not be able to keep the digital cryptocurrency itself in your PayPal balance - you will only own a "display" of its amount.

❔ Do you think PayPal will go even further? (create its own blockchain, cooperate with major exchanges, etc.).

πŸ‘ - Yes, of course
πŸ€” - No

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πŸ—£ As I like to say: Mass Adoption is getting closer and closer. The information that classic payment companies are starting to adopt crypto more and more, especially in a bear market, is a good sign for the market as a whole.

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Binance has filed a motion for a protective order against the SEC's actions πŸ”Έ

Binance has filed a motion with the court for a protective order. The company believes that the Securities and Exchange Commission (SEC) has exceeded its authority. The petition says the regulator's requests are "overly broad" and "unduly burdensome"

🟠Recall that the court issued a consent order regarding the case in June 2023. Prior to that, the SEC expressed concern about the reliability of custody of assets of clients of the US division of the exchange and demanded to freeze the accounts of the counterparty.

🟠Binance responded by stating that Binance.US would then effectively suspend operations. The consent order, which provides for the disclosure of certain corporate information, became a kind of compromise.

❔ Do you think such bold actions on the part of Binance will lead to large-scale searches of the exchange? (checking all wallets, documents, etc.)

πŸ‘ - Yes
🧐 - No

#news

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Gary Gensler said that AI is a risk to the capital markets πŸ€–

Gary Gensler, Chairman of the US Securities and Exchange Commission (SEC), said that AI poses risks to capital markets. According to him, the regulator has focused its efforts on addressing both micro and macro issues in the sector.

πŸ”΄Gensler noted that he believes AI is the most transformative technology of our time. He compared the effect of its introduction to the mass production of cars and the emergence of the Internet.

πŸ”΄At the same time, AI carries certain risks both for trade as a whole and for individual capital markets participants. In particular, there is a potential conflict of interest between a service provider and a client.

#news

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About AI β˜‘οΈ

πŸ—£ We can talk forever on the subject of artificial intelligence. The risk that AI will replace some professions is quite high. From writing texts to making movies.

🟠In my opinion, the best decision you can make right now is to start incorporating AI more actively into your life. This technology can be integrated into almost any professional activity.

I can tell you by the example of myself and my team. As you know, we are actively developing in the field of finance and cryptocurrency. And in our work, we quite often use the AI function: to search for and process any information, to quickly find the most relevant news. In general, we use it in many areas of our work.

❔ By the way, would you be interested in getting to know me and my team in more detail? (because you know almost nothing about me).

🀩 - Yes
🧐 - No

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Why BTC fell below 26k 🧑

Friends, I think many of you have seen how much the price of BTC has fallen. I tried to find a clear reason why it happened, but I couldn't. There are a few possibilities:

🟠SpaceX sold all their Bitcoins, but there is no primary source;

🟠Evergrande bankruptcy (the Chinese's favorite FUD at the MtGox level). No primary source either;

Against the backdrop of this situation, many traders were liquidated. Total liquidations in 24 hours 1.07 billion dollars.

Hopefully many of you had buy orders standing by and everyone has done a good job of buying the top altcoins. There is still time to do that now. But also, you should always leave some stablecoins for a likely drop lower.

❔ Will you buy BTC if the price drops to ~$20,000?

🀩 - Yes
🧐 - No

#news

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Who loses money in the market? πŸ’…

Friends, hello everyone. I have found some interesting information for you, which I would like to tell you a little about.

🟠88.3% of all short-term BTC holders are at a loss. And the number of BTC they hold is about 2.26 million BTC.

🟠And this statistic is not related to the fact that Bitcoin has fallen significantly in price over the past week. This is always the case in the market - almost 90% of people lose money.

🟠Why do they lose their money? It's simple - they do not follow the rules of risk management and money management. If you do not take these two aspects into account in your work, but with a 99% probability you will lose all your money πŸ”½

🧐 #news

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Important rules for investing and trading πŸ”€

🟠Risk management is following the rules you have set for yourself regarding risk. For example, when you make a trade, you have a risk/profit ratio of 1/3 and you are obliged to comply with it no matter what. It's a discipline.

🟠Money management is following the rules you have set for yourself regarding money. For example, when making a transaction, you have a pre-determined risk in the amount of, for example, $ 100. And you must comply with it.

And based on these two aspects, you create your own togovoli strategy. But that's another story...

❔ Do you follow these rules when investing in crypto?

🀩 - Yes
🧐 - No

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Circle gains control of USDC issuance in six new blockchainsπŸ’²

πŸͺ™Cryptocurrency exchange Coinbase will buy a stake in Circle, the issuer of the second-largest USD Coin (USDC) stablecoin, according to a joint statement from the two companies.

πŸͺ™Circle will gain full control over the issuance and management of the USDC stablecoin, which will launch on six new blockchains sometime between September and October 2023, the companies said in a statement. The exact terms of the cryptocurrency exchange's investment were not disclosed. As of Aug. 22, USDC has a market capitalization of more than $25.9 billion, according to Coinmarketcap.

"The nature of the investment suggests that Coinbase and Circle will now have even greater strategic and economic alignment on the future of the financial system," Coinbase CEO Brian Armstrong and Circle CEO Jeremy Allaire said in a statement.

πŸ’²In August, Coinbase said it would suspend trading of USDT and other stablecoins in Canada. Customers of the cryptocurrency exchange will continue to be able to deposit and withdraw these assets despite the ban on trading USDT, DAI, and RAI stablecoins.

πŸ‡ΊπŸ‡ΈCoinbase has also received regulatory approval to trade cryptocurrency futures in the US. The authorization for U.S. clients to access regulated cryptocurrency derivatives will allow more people to gain safe access to the country's cryptocurrency market, the company said.

🧐 #news

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More rumors about CZ 🟨

Friends, interesting rumors are appearing here. In recent days, rumors about the possible sale of Bitcoins by the head of Binance, Changpeng Zhao (CZ), have been actively discussed in order to support the price of BNB coins. According to Santiment, there are many accusations in the crypto community that CZ is selling bitcoins so that BNB does not fall to zero.

⏺Although CZ previously claimed that he doesn't care about the price of BNB and his main goal is to create new products in the field of cryptocurrencies, since August 14, the cost of BNB has decreased by 14%, reaching $206. At the time of writing, the coin is worth $215.1, which is significantly lower than $348 in April.

⏺Well-known crypto investor Mike Alfred criticizes Binance and CZ personally, accusing him of selling a large number of Bitcoins. Alfred believes that as soon as CZ stops selling, the price of BTC will go up.

However, he recommends everyone to withdraw their coins from Binance, calling the platform "unscrupulous". BTC is currently trading at $26,000, having lost about 10% since August 16. Some consider this a typical decline before the upcoming halving, expected in April-May next year.

❔ Do you think CZ sold all his BTC or is it just a rumor?

πŸ‘ - Yes, he was selling
πŸ”₯ - No, it's just a correction

#news

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History doesn't mean anything yet β˜‘οΈ

Friends, today I came across another interesting infographic (on top of this post). It follows from it that if history repeats, then BTC will grow to $35,000 before halving and to $148,000 after it. The next halving on BTC is expected on April 20, 2024.

🟠Also, the court's decision on XRP and the approval of Black Rock's application for a spot BTC-ETF, in addition to halving, will provide a strong foundation for the next bull market in the crypt.

🟠And now I want to say my thoughts: many people are guided by the history of certain events. For the most part, they assume that events will repeat. But, they often do not take into account that the market most often goes against the crowd (the crowd loses money). And if everyone expects a repetition of history, then theoretically this will lead to a departure from history.

Yes, it is impossible to predict. I just gave you this thought for reflection... .

❔ How do you think, can the crypto market go against history?

πŸ‘ - Yes
πŸ”₯ - No

#news

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Binance wants to stop market manipulation πŸ“‰

Hello everyone. Today I came across information that Binance exchange contacted several projects that have tokens with low liquidity this week and had an interesting conversation with them.

🟠The company asked about their relationship with market makers and whether they would consider contributing 1-5% of their tokens to "Binance Savings". The exchange representatives stated that this is a "risk management initiative." This is how they want to prevent market manipulation.

🟠If the exchange will really get rid of coins with small liquidity, it is a good sign for the development of the exchange as a whole. It means that it will become more expensive to enter and small projects will not be traded on it.

πŸ—£I think they started such selection for 1 reason only: to have less questions from the government. Since Binance has a lot of public attention, any incidents of manipulation and price hikes could lead to another inspection.

❔ Do you think Binance is doing this in order to protect itself from inspections?

πŸ‘ - Yes
πŸ”₯ - No

#news

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Bitcoin is ahead of PayPal in terms of transaction volume 🧑

Today, my team told me the fact that Bitcoin has more transactions than PayPal. Moreover, in 2021-2022, the first cryptocurrency was ahead of Mastercard and Visa in this indicator (after this fact I was very surprised). However, this year, as can be seen from the schedule, this trend is unlikely to repeat.

πŸ—£ Yes, it is possible that the amount of funds passing through BTC is less, but it is worth considering that the number of people using crypto for transfers is much less than that of modern payment banking systems. I am convinced that in 2025, BTC will surpass Mastercard and Visa in the number of transactions several times.

❔ Do you think Bitcoin will be able to outrun payment banking systems?

πŸ”₯ - Yes
😱 - No

#analytics

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Cryptocurrency anonymity = myth? β˜‘οΈ

Today I decided to discuss a hot topic with you. The debate on this topic started almost from the day Bitcoin was created. They are still going on, so let's try to understand.

🟠Is crypto anonymous?
This is a big misconception. Sure, there are services that help you achieve anonymity, like token mixers, etc. But cryptocurrency never intended to be that.

Many people have misunderstood Satoshi Nakamoto's words calling Bitcoin anonymous. Its anonymity is that you don't have to provide personal information for cryptocurrency transactions.

🟠How you can be identified
Blockchain is transparent to everyone. Anyone can find the transaction they're looking for. That means the address of the sender and receiver, the time of the transaction, and the amount.

Crypto is anonymous as long as you haven't linked personal data to a crypto address. And 99% of people in crypto have already linked the address to their data. This usually happened at the point of interaction with the offline world: buying or selling crypto.

πŸ—£If you're a regular user, you're in no danger. But if you are associated with illegal crypto, a good onchain detective will have no problem finding out your data. Never abuse the "anonymity" of cryptocurrency. One day, it will play a cruel trick.

❔ Do you believe in the anonymity of cryptocurrency?

πŸ”₯ - Yes
😱 - No

#education

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My opinion about investing in BTC 🧑

Friends, hello everyone. Today I propose you to break down the topic of long-term investments (8-10 years) and go through the most popular categories. Let's go.

This is a big post, but I suggest you read it to the end.

I will start with BTC:
No matter how much of a cryptocurrency fan I am, I always look at two sides of an asset: the good and the bad. By the way, a large number of crypto-influencers, analysts and publications engaged in enticing the audience into crypto (when big players need liquidity to sell assets) are actively promoting the idea of "BTC - digital gold". But I don't see it that way. And here's why.

🟠In fact, as of today, the total amount of BTC issued is not evenly distributed. Plus, there is little liquidity in the market. Hence, there is a huge number of manipulators, which, in addition to being able to "hit the price glass" and in a moment give a candle -10%.

🟠For example, let's imagine a situation. There is a big businessman who keeps 100,000 BTC on his wallets. Suddenly, he is attacked and all his BTC is stolen. B here the question is this: what will the robbers do with their reward? - sell everything at once.

🟠But perhaps the government decides to solve this case and take these BTC for themselves. And what will they do? That's right - sell off tens of thousands of seized BTC. Also, there may be a situation when "sleeping" wallets with a huge amount of coins suddenly wake up. This will also lead to a huge sale of the asset on the market.

And here is the question - how can such a risky asset be compared to gold? And talk about safe investments? The answer is nothing.

➑️Conclusion: at the moment, I do not consider BTC as the best means for long-term investments. At least because its growth potential is severely limited. It will have a hard time making X3, X5, X10, etc.

❔ What is the best thing to invest in in your opinion?

πŸ”₯ - Bitcoin
πŸ‘ - Gold
🀩 - Dollar

#analytics

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Grayscale won its case against the SEC πŸ“ˆ

Friends, today after the meeting it became known that Grayscale won the lawsuit against SEC, after which the bitcoin flew to $26.700. Thanks to Grayscale's victory we have a better chance of adopting a spot BTC ETF.

🟠According to the court's verdict, the SEC is required to review Grayscale's application to implement its own bitcoin ETF. The reaction of the market didn't take long, everything turned green from 3 to 5%.

🟠For newbies, let me explain, Grayscale is a fund that manages digital assets in crypto and other investment products.

🟠Last year, the SEC rejected Grayscale's application to convert its spot Bitcoin ETF. The company then filed a lawsuit against the SEC. Since the defendant is a regulatory agency, the case went straight to the appeals court.

This news made me very happy. After all, if we managed to ignore the SEC for the second time, the trend may continue in the future, which means that mass adaptation is getting closer and closer. But we have to live to see it, so let's just watch and hope.

❔ What are your predictions for the future movement of BTC?

πŸ”₯ - 30.000$
🧐 - 25.000$

#news

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At what prices should I buy Bitcoin? πŸ”€

Friends, some of you who read my post yesterday might have thought that I am negatively opposed to BTC and will never buy it in my life. That's not so. I understand that diversification is important, so I have to buy Btc to properly balance my portfolio. By the way, the right asset purchase strategy is very important.

The crypto community is divided into two camps: those who are actively buying, and those who are waiting for prices even lower.

Agree, you don’t want to buy a coin and see how it fell the next day. But how to understand that it's time to replenish the portfolio?

🟠Will it be even lower?
When the market is actively rolling down, it is difficult to predict its bottom. But now it is at a consistently low level, and we can work with it. In order not to guess, I will tell you about the strategy that I use myself when buying crypts.

🟠When to buy
Tier-1 and Tier-2 coins make sense to buy only if they have fallen by 65-70% from their peak. We are interested in other coins after falling by 70-80%.

The best option is to immediately prepare a "price plan" at which you will be ready to buy the crypt. Let's take Bitcoin as an example.

πŸ“~65% | 24,000$
Normal price

πŸ“~70% | 21,500$
Good price

πŸ“~75% | 18,500$
Great price

πŸ“~80% | 16,500$
Super price

This approach will help you to estimate prices more correctly and choose the time for investment. I advise you to make a similar table with all the coins you are interested in.

❔ Have you already started buying tokens for your portfolio?

πŸ‘ - Yes
πŸ”₯ - No, I'm waiting for a whiter good price

#analytics

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