If there's one take away from today's huge sell off, it's that most of the alts that compose the TOTAL 3 market capitalization underperform massively. The only alts you should be focused on are memes (i.e PEPE, WIF, FLOKI, BONK), coins which occupy large mindshare (i.e ZRO, TON) and finally Solana and ETH. If you don't have any clue what you're doing, you're better off buying the alts I just listed whenever you find the market in turmoil, I promise you it'll lead to massive outperformance going forward. @MegaFutures

The Alts Perform Worse
Leading alternative coins, such as Ripple (XRP), Binance Coin (BNB), Cardano (ADA), and many more, have charted much more substantial losses than BTC. Ripple’s native token, for one, plummeted to a one-year low of under $0.40.

The meme coin sector is also deep in the red, losing almost 20% of its total market capitalization. Some of the poorest performers include Dogecoin (DOGE), Shiba Inu (SHIB), Pepe (PEPE), Floki Inu (FLOKI), Brett (BRETT), and others.

Despite the sad grim performance, there are still some cryptocurrencies (part of the top 1000 club) that have seen their prices going up in the last 24 hours. Fasttoken (FTN) is up 3%, while Leo Token (LEO) has risen by a mere 1%.

I joined my senior comrade to say No for an answer, for sounds of bulls are been heard gradually and soon they'll be very loud, the recent buys is a sign of the overall prediction

This is a very nice project and could have been my starting point but very unfortunate that I am in newbie and couldn't really participate, I could have really loved to!

I just pray to get to a member level so fast, so I could join

Brighter days are ahead of us, this isn't out of the ordinary price action during summer time. Equities are still strong, this idiosyncratic spot selling is dominating all the flow but it will not continue forever.

Crypto traders have the memory of a goldfish. Once this selling subsidizes and ETF news starts getting some momentum, we'll see them all rush in at range highs once again.

This move confirms that the market makers were trying to shake people out prior to this pump. It also confirms that a local bottom has been formed at around 60k which implies that buying around that price should be low risk as downside might be limited for the short term.

As a result of this, I can definitely see a big possibility of BTC going to 75k+ but as I mentioned, regardless of how confident we are about price targets and no matter what, it is always important to manage risk and have enough room to buy potential dips because anything is still possible at this point.

In our today world, making money is easier in the crypto space, you don't really need vigorous knowledge to venture into it, all you need is elementary knowledge of it and your phone.
You can start with or without money, you just have to choose whether to be a Trader or Miner.
Traders use their money to make more money just by buying potential coins and keeping it for some time. They sell off when the coin appreciates in value.  While on the other hand
The miners just like most of us now, just interact with some apps, do the task required by the devs and claim free coins daily ontill the project lunches, then sell off and enjoy their money.
You pay nothing to get them, every free money in crypto is called AIRDROP.
This is where many people leverage on. There's no need sitting down to complain of no capital to start a business or looking for urgent 2k, when people make millions by just pressing their phones.
The same energy you put in social media vibes put it in whatever area of Crypto you decide to major on and make some cool cash without stress.

Please when carry out a p2p transaction in bybit, always check reviews and numbers of transactions of the vendor in other to verify his operations and worthiness.

There are a lot of EFCC folks who are pretending to be vendors with verify account trying to implicate a lot of people.
We encountered one, few days ago, we traded with him after all confirmation, he send the money equivalent to our bank but guess what he wrote scam and fraud on description.
When we receive the money and saw what he wrote, we immediately tried to pull out the funds but it was more than the transfer limit, so we decided to do it bit by bit, after the first transfer the account got restricted.

So we have to go back to Bybit and report him using different accounts and that was how he was removed!

So pleased don't be a victim.

VanEck Files for Spot Solana ETF
https://www.mitrade.com/insights/news/live-news/article-3-231859-20240627

What did you think about this Solana ETF and what do we expect if it is successful

What will be the future of bitcoin as investors shift their focus from bitcoin to the second-largest crypto asset by market capitalization.

According to research note published by CryptoSlate.
The exchange, citing various data such as options skewness, portfolio adjustments and whale stocks, noted that the launch of the ETF is likely to boost the long-term price of Ethereum.
And as such investors are selling bitcoin in their possession, to acquire Ethereum and I begin to doubt the future of bitcoin!

This is not all about getting rich but it is pointing out something to us, that the world itself is changing and the internet of things is taking over the world.
The phone might be our only chance of survival.

Looking at your topic of discussion I am tempted to ask, what is the difference between miscalculated risk and uncalculated risk ?

I am asking this because my father always say '' that it is better you take the risk and it did not work out than you did not take the risk and it works out''

Despise all the strategy being applied, trading is not 100% guarantee but if proper analysis is being put in place at least your wins will be more than you lost, and you can be said to have made profit.

I have experienced a lot in trading and to an extent I was thinking is been manipulated and people are using people to make money, one of my experience, after learning the basis of trading, I bump myself into a telegram group of over 10,000 subscribers, where signal is being dropped but this is what they do, they look for a project that is in the dip and very low in price, they buy millions of that coin and keep in their wallet after that they will come to the group and tell everybody to buy this coin that the coin will pump in price.
And everybody will start buying, whereby causing a high demand of the coin as well as causing the price to go up and they will sell their own coin and make a whole lot of money then the price will drop back.

ETH Spot ETF approved

Many of us have been asking if the ETH narrative is already over and from my research, the honest answer is that it's only just getting started.
Back when BTC got it's ETF approval we saw the price rise almost 70%+ in the subsequent months, I expect a similar reaction from ETH's ETF approval.

If assumed it plays out, Ethereum should make new all time high's sooner than later.

What do you think?

I agree with you bro, then there was nothing to write home about Airdrop, a lot of energy but nothing to show fort, Notcoin has really surprised everyone of us, enriching everyone that participated.
Currently there is a huge rise in the hunt for Airdrop, everyone just want to be involved, whereby creating a conducive environment for scam project. Please before you join any Airdrop do your own research, and don't just connect your wallet having funds in it.

When one door closes another door open, no one can just stop the rolling tide and the ideal nature of things, I know the government is doing everything in their power to disconnect us from opportunities in order to keep us in abject poverty so they can undo us but God pass them.!

Binance was my major exchange when it comes to P2P transactions and I have carried out a lot of transactions without encountering any issues but when it was stop I then move to Bybit which I also experience a smooth sailing transactions.
But I recently discovered a wallet which was a home base and they understand the tactics and the operations of the government. With this wallet I don't have to do P2P, I buy and sell crypto very easy and withdraw money directly to my bank account.
This wallet is called Roqqu wallet, I just have to send my crypto to this wallet and sell it then withdraw to my bank account.

1.  https://bitcointalk.org/index.php?topic=5493828.msg63980249#msg63980249

Section: Bitcoin Discussion

2. https://bitcointalk.org/index.php?topic=5493986.msg63984633#msg63984633

Section: Altcoins Discussion

3. https://bitcointalk.org/index.php?topic=5493832.msg63980331#msg63980331

Section: Nigeria (Naija)

4. https://bitcointalk.org/index.php?topic=5494743.msg64011060#msg64011060

Section: Nigeria (Naija)

5. https://bitcointalk.org/index.php?topic=5494742.msg64011008#msg64011008

Section: Off-topic

6. https://bitcointalk.org/index.php?topic=5494246.msg64015415#msg64015415

Category: good reply
Section: Economics

7. https://bitcointalk.org/index.php?topic=5494743.msg64014449#msg64014449

Category: good reply
Section: Nigeria (Naija)

To me inflation is a negative word so I consider it to be harmful. But in other hand we were thought in school that a creeping  inflation can help drive economic growth.

The soul aim of inflation is decreasing purchasing power or devaluation of it currency in relation to price of goods which make is hard for the common man to survive.

A times the government manipulate the economy inflation to keep the people in poverty, for instance, a government worker might be earning #50,000 and the cost of his living is #40,000 the day the government increase his salary to #70,000 you'll see that his cost of living will increase to #60,000 immediately and i began to wonder while the value of money remains the same but it purchasing power fall drastically.
So I don't really think inflation is necessary, because it is a big disadvantage to the common man.

I appreciate you all for speaking in agreement to this post, and I like the fact that we all got the message.
My post was just pointing out to the nonchalant attitude when it comes to reading terms and conditions.

I'm sorry for the fact that I have to use Africa and the 80% statistics, I know this was true in time pass but not presently, I was looking at getting the attention of the local board to this important information because I have become a victim of so many platform without reading the terms and conditions and just clicking accept.

Please and pleases whenever we found ourselves in any platform before we click the accept or okay, let's try and read the terms and condition however bulky it might be, let's just read it to the end so that we have a strong standing thank you.