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USDT And USDC Be Like To New CryptoCurrency Users 😂
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So, how about you? How deep are you into the Bitcoin game?
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Hello Would You like To Join Our Click-Based List (The Channels are placed according to their clicks)
If You Would like To Join This List Please Reply with the channel link and description that you would like to add
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🟢 The List is Tracked and only those channels are in the list which has clicks in it.
🟢 We Get Good Amount Of Traffic On These..
🟢 The Site Stats are number of users that visit our List
If You Would like To Join This List Please Reply with the channel link and description that you would like to add
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A service offering to bypass KYC checks on popular cryptocurrency exchanges has appeared online.
🔔 Recently, the OnlyFake service has appeared on the internet, which, for only $15, offers to purchase ID documents generated by AI algorithms for Know Your Customer (KYC) verification.
👺 The service creates realistic fake documents (driver’s licenses and passports) for 26 countries, including the U.S., Canada, the U.K., Australia, and several EU member states, and also accepts cryptocurrencies.
👺 The project’s team claims that it is not breaking the law with its actions, as the resource is designed to create props for shows and movies.
👺 AI has been creating many new challenges for both the world of crypto and the general public.
👺 How exchanges and other services that process documents will combat this issue is still unclear.
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Crypto Speak: Sound money
“Sound money” is the concept of money that has stability and is able to retain its purchasing power over time.
The main characteristics of such money are:
🟢 Limited supply: To prevent inflation and preserve the value of money, its quantity must be limited or grow predictably.
🟢 Resistant to inflation: Your money should not lose value, allowing you to plan your financial future with confidence.
🟢 Independence: Ideal sound money is minimally dependent on government control, preventing artificial interference with its value.
As you can imagine, crypto can make this concept real. For example, theoretically, Bitcoin fully satisfies these three points. (Volatility is still an issue, but Bitcoin has more than 100 years of development to go before the last coin is mined.)
And, who knows, perhaps in the future, there will be another crypto that could one day be called true sound money.
“Sound money” is the concept of money that has stability and is able to retain its purchasing power over time.
The main characteristics of such money are:
As you can imagine, crypto can make this concept real. For example, theoretically, Bitcoin fully satisfies these three points. (Volatility is still an issue, but Bitcoin has more than 100 years of development to go before the last coin is mined.)
And, who knows, perhaps in the future, there will be another crypto that could one day be called true sound money.
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Top 3 Memecoin tips
🟢 We beg you not to invest in memecoins. But if you do, here’s a universal guide to memecoin trading.
Rule #1: It’s never too late to change your mind.
Please don’t😂 It’s unlikely to end well.
Rule #2: Invest no more than 1%–2% of your total budget in memcoins.
Large investments in hyped coins will most likely evaporate. So, if you plan on sinking some money into one, make sure it’s an amount your comfortable potentially losing.
Rule #3: if your coin’s value increase by at least 2 times, immediately secure your profits.🚀
🟢 Let’s say you invested $100 in a memecoin. You got incredibly lucky and now have $200 or even $300.
🟢 Immediately withdraw your initial investment ($100) and keep the remaining coins on the market; otherwise, euphoria and greed will take over.
➡️ Discipline and sanity Stick to these rules. They all (especially rule #1) can save a lot of money.💪
Rule #1: It’s never too late to change your mind.
Please don’t😂 It’s unlikely to end well.
Rule #2: Invest no more than 1%–2% of your total budget in memcoins.
Large investments in hyped coins will most likely evaporate. So, if you plan on sinking some money into one, make sure it’s an amount your comfortable potentially losing.
Rule #3: if your coin’s value increase by at least 2 times, immediately secure your profits.
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Crypto Personalities: Gerald Cotten
🟢 The story of Gerald Cotten resembles a thriller worthy of a film adaptation (and it is—Netflix made a documentary about the Canadian “cryptocurrency king”).
🟢 According to the official version, Cotten died at the age of 30 from complications of Crohn’s disease, with users of his cryptocurrency exchange QuadrigaCX losing access to their assets totaling $190 million because Cotten was the only person who knew the passwords to the cold vaults.
🟢 Many rumors and conspiracy theories have popped up in the community, from suggestions that Cotten actually faked his death to take users’ cryptocurrency to versions that he was murdered by his own wife. None of these hypotheses, however, has received reliable evidence.
🟢 Speaking of which, the Ontario Securities Commission revealed that QuadrigaCX was, in fact, a Ponzi scheme.
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AlphaQuest counted the number of “dead” cryptocurrencies.
For crypto projects, 2023 was the hardest year over the last 4 years. During this period, developers abandoned 59.35% of tokens tracked on CoinMarketCap.
Analysts studied more than 12,000 projects, identifying the “dead” ones based on four criteria:
— Low liquidity/trading volume
— Dysfunctional site
— Delisted from CoinMarketCap
— Deleted X account (no updates in X for more than three months).
It turns out that almost 60% of projects have been abandoned.
This is why we constantly remind you that any investment in crypto is high risk and to always DYOR
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For crypto projects, 2023 was the hardest year over the last 4 years. During this period, developers abandoned 59.35% of tokens tracked on CoinMarketCap.
Analysts studied more than 12,000 projects, identifying the “dead” ones based on four criteria:
— Low liquidity/trading volume
— Dysfunctional site
— Delisted from CoinMarketCap
— Deleted X account (no updates in X for more than three months).
It turns out that almost 60% of projects have been abandoned.
This is why we constantly remind you that any investment in crypto is high risk and to always DYOR
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Crypto Speak: Howey test
🟢 The “Howey test” is one of the many enemies of the cryptocurrency world =) It is a list of criteria to help determine whether an asset has the attributes of a security.
🟢 In recent years, many coins have come under pressure from the United States Securities and Exchange Commission, which has been filing lawsuits against cryptocurrency exchanges and trying to classify some tokens as securities—with all the legal implications that entails.
For example, the SEC wants to recognize well-known cryptocurrencies like ADA, MATIC, BNB, XRP, DASH, TRX, SOL, BUSD, and many, many others as securities.
The battles continue =)
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For example, the SEC wants to recognize well-known cryptocurrencies like ADA, MATIC, BNB, XRP, DASH, TRX, SOL, BUSD, and many, many others as securities.
The battles continue =)
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