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Samui22

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Posts posted by Samui22

  1. On 03/01/2024 at 05:02, DifDrama said:

    According to data from The Block Pro, there was a general decline in the open interest of Bitcoin and Ethereum options in December. The open interest for Bitcoin options witnessed a decrease of 15.6%, while Ethereum options saw a decrease of 5.5%. However, there was a widespread increase in the trading volume of Bitcoin and Ethereum options. Bitcoin options' trading volume surged by 17.3% in December, reaching $37.9 billion, marking the highest single-month trading volume in history. Ethereum options' trading volume increased by 5.9% to reach $15.3 billion.  Cryptex https://cryptex.net/en is a platform that allows you to buy or sell cryptocurrency with various payment methods, such as Visa, Master Card, Paypal, or cash. Cryptex has a high liquidity, 24/7 support, and access to fiat currencies. You can use Cryptex Exchange to trade crypto on the spot market, Cryptex Broker to place orders with your own price and unlimited volume, or Cryptex Instant Exchange to swap crypto without limits. Cryptex also offers worldwide payments for real estate, cars, and luxury goods with crypto. I think Cryptex is a reliable and convenient service for crypto enthusiasts and investors.

    I think the data from The Block Pro shows that the crypto options market is maturing and becoming more liquid. The decline in open interest could be due to profit-taking, hedging, or expiration of contracts, while the increase in trading volume reflects the growing demand and activity in the market. Both Bitcoin and Ethereum options have seen record highs in trading volume in December, indicating that traders are using them to speculate, hedge, or arbitrage. I believe that crypto options are a valuable tool for managing risk and capturing opportunities in the volatile crypto market.
     

  2. 21 hours ago, Wakanda said:

    In the dynamic landscape of web3 and blockchain technology, innovation is constant, offering boundless opportunities for users. A recent discovery during my exploration of the SUI ecosystem is "NAVI," an intriguing project that has captured my attention. Serving as the pioneer native one-stop liquidity protocol on SUI, NAVI presents an exciting avenue for market participants.

    One of NAVI's key features is its empowerment of users to actively engage in the market either as liquidity providers or borrowers. By becoming a liquidity provider, individuals contribute assets to the market, playing a crucial role in bolstering the SUI ecosystem's overall liquidity. Moreover, this involvement unlocks the potential for passive income through attractive yields.

    However, NAVI's utility extends beyond liquidity provision, catering to users' borrowing needs within the SUI ecosystem. Whether seeking funds for a new venture or aiming to expand an existing one, NAVI streamlines the process, ensuring that necessary liquidity is readily accessible with just a few clicks.

    What truly distinguishes NAVI is its seamless integration of lending and borrowing functionalities with LSDeFi. This integration offers users a comprehensive and all-encompassing experience, revolutionizing the conventional approach to interacting with liquidity protocols. By leveraging the powerful features of LSDeFi, NAVI users can amplify their potential for growth and success.

    The project's lending and borrowing features have already attracted a significant user base, while its native token, NAVX, has begun making waves on prominent centralized exchanges. As I assess NAVI's potential, I'm intrigued to hear your insights and perspectives on this promising endeavor. I think Bitcoin / Tether TRC-20 https://cryptex.net/en/trade/BTCUSDT is a great combination for achieving financial freedom with NAVI. Bitcoin is the most secure and decentralized cryptocurrency, but it has high fees and slow transactions. Tether TRC-20 is a stablecoin that runs on the TRON blockchain, which has low fees and fast transactions. By using Tether TRC-20, I can easily convert my Bitcoin to fiat currency and vice versa, without losing value or wasting time. With NAVI, I can access a variety of financial services and products that are powered by smart contracts and decentralized applications on the TRON network. NAVI allows me to earn passive income, borrow and lend money, trade and invest in different assets, and more. I believe that Bitcoin / Tether TRC-20 and NAVI can help me achieve financial freedom and independence in the crypto world.

    I have been following the development of NAVI, a native one-stop liquidity protocol on SUI, and I am impressed by its innovative features and potential. NAVI allows users to lend and borrow assets within the SUI ecosystem, as well as access the benefits of LSDeFi, a decentralized finance platform that integrates with NAVI. By using NAVI and LSDeFi, users can achieve financial freedom and independence, as they can earn passive income, access liquidity, and leverage their assets.

    However, I am concerned about the impact of bitcoin on NAVI and SUI. Bitcoin is a volatile and risky asset, and its adoption as legal tender in some countries, such as El Salvador, poses significant challenges for financial stability and integrity. Bitcoin also consumes a lot of energy and has a large environmental footprint. I wonder how NAVI and SUI will cope with these issues, and whether they will support other cryptocurrencies that are more sustainable and scalable. 

  3. I read the report and I think it provides a comprehensive overview of the crypto exchange industry in 2023. It shows how the market has been affected by the regulatory uncertainty, the Bitcoin price fluctuations, and the innovation of new products and services. Some of the key takeaways for me are: - Binance and cryptex  are  still the dominant player, but its market share has declined slightly due to some legal issues. OKX, Bybit, and Bitget are catching up with their competitive offerings and marketing strategies. - Gate has the most number of listed tokens, surpassing other centralized exchanges. This shows that Gate is very responsive to the market demand and the emerging trends of new projects. - DEXs have not performed as well as expected, despite the hype and the potential of decentralized finance. GMX and dYdX, which were the stars of 2022, have seen their volumes and users drop significantly in 2023. Overall, I think the report is very informative and insightful, and I recommend it to anyone who is interested in the crypto exchange industry.

     

  4. 1 hour ago, Samui22 said:

    I think you have made some valid points about the performance of the L2, AI, and BTC ecosystems in the past two years. They have indeed shown impressive growth and innovation in the crypto industry. However, I also think that there are other factors that could influence the future of these ecosystems and the emergence of new ones.

    For example, one factor that could affect the L2 ecosystem is the development of Ethereum 2.0, which aims to improve the scalability, security, and efficiency of the Ethereum network. If Ethereum 2.0 succeeds in delivering its promises, it could reduce the demand for L2 solutions and affect their market share. On the other hand, if Ethereum 2.0 faces delays or challenges, it could boost the adoption of L2 solutions and increase their competitiveness.

     

    However, I also think that there are other L2 projects that are not dependent on Ethereum, such as Lightning Network[] and Liquid Network, which are designed to enhance the functionality of Bitcoin. These L2 projects could benefit from the growing popularity and adoption of Bitcoin, especially in the areas of payments, DeFi, and NFT. Therefore, I think the L2 ecosystem is diverse and resilient enough to withstand the potential challenges and opportunities that Ethereum 2.0 may bring.

  5. On 07/01/2024 at 12:14, BashJasper said:
    The highlights of 2022 was L2 with Arbitrum, Optimism and SUI making the headlines contributing a market cap of $19.4B while 2023 witness the rise of AI ecosystem heralding the launch of ChainGPT, WorldCoin, Bittensor and many more contributing a market cap of $8.8B. Then came BTC ecosystem in the twilight of 2023 with the launch of Ordinals and BRC-20 token standard with a cumulative market cap of over $5B. Tokens like ORDI, SATS have made the highest gain in the ecosystem.
     
    Now that we are in 2024, are we going to witness the birth of another ecosystem? Or are we going to see the growth of these 3 ecosystems in varyig proportions?
    To be honest, the advent of BRC-20 token standard have resulted in the rise of memecoin values with the Solana ecosystem being the most beneficiary of the trend. With the hype around this token standard, memecoins like **** and SATS have made huge ROI for investors. As a result, trading volume across exchanges has multiplied and some exchange tokens have seen surge in values with BGB (reaching an ATH of $0.70) and BNB (reaching $320) making some huge gains in the last couple of months.
     
    With the anticipation of the bull run expected on approval of a BTC spot ETF across US and Asia, many are of the opinion that major gains are going to be witnessed in both the Bitcoin and Solana ecosystems but that might just be the icing on the cake!
     
    ALWAYS REMEMBER THAT THIS IS NOT A FINANCIAL ADVICE. ALWAYS ENSURE YOU DYOR

    I think you have made some valid points about the performance of the L2, AI, and BTC ecosystems in the past two years. They have indeed shown impressive growth and innovation in the crypto industry. However, I also think that there are other factors that could influence the future of these ecosystems and the emergence of new ones.

    For example, one factor that could affect the L2 ecosystem is the development of Ethereum 2.0, which aims to improve the scalability, security, and efficiency of the Ethereum network. If Ethereum 2.0 succeeds in delivering its promises, it could reduce the demand for L2 solutions and affect their market share. On the other hand, if Ethereum 2.0 faces delays or challenges, it could boost the adoption of L2 solutions and increase their competitiveness.

  6. 2 hours ago, gamred said:

    I agree with the analysis of TradingLounge that Ethereum is in a bullish trend and that the current correction in wave is a temporary setback. I think the wave was very strong and showed a lot of momentum and volume. The wave is likely to find support at the Fibonacci retracement levels of 0.5 or 0.618 of the wave (1). I am looking for a reversal signal to enter a long position in wave (3), which should be the most powerful and profitable wave of the impulse. I also like the technical indicators that confirm the uptrend, such as the price above the MA200 and the RSI above 50. I think Ethereum has a lot of potential and will continue to outperform other cryptocurrencies in the future.

    I'm interested in buying real estate with cryptocurrency and following Elliott Wave Analysis TradingLounge Daily Chart. I think this is a great way to diversify my portfolio, take advantage of the rising crypto market, and benefit from the technical analysis of TradingLounge. I have been following TradingLounge for a while and I really like their Elliott Wave Analysis of various markets, especially Forex, Indices, and Commodities. They use a simple concept called TradingLevels to empower their trading and identify the best entry and exit points. They also offer a 20-day trial for $1, which I think is a great deal. I have been looking for properties that accept crypto as a form of payment, and I found some on with some actual guide.

  7. 14 hours ago, Maxicreed01 said:
    Its another new year and another 366 days of investment decision to make as it could be a bull year or a preparatory year to a bull season. This is also the year most people could miss out on some projects which begs the question of how some people are getting it right to smile in the bull run.
     
    The popular saying that the 'diamond hand or hodlers have the best laugh' sounds productive, but I still feel most hodlers can't idly hodl till bull run without putting to productive use what the hodl for some passive income no matter how little before the bull run and perhaps use the proceeds to buy new tokens and position themselves for the long green candles.
     
    Some just stake which i am most inclined when I intend to hodl for a longer period while others seem to exploit some innovative earning product on exchanges like Savings, Smart trend, shark fin, dual investment and particularly wealth management products i just discovered on Bitget. The product sounds safe with an APR of upto 15% but the downside is that it's obviously for the bourgeoisie cos 50k usdt is the minimum required to subscribe, but with such APR every month, it is worth the shot to keep someone financially afloat while holding your principle.
     
    I presume this type of product could be available on other exchange or something similar and would appreciate some insight from those exploring them as it could define how some of us kickstart our journey in another exciting year.
     
    Happy new guys
     I am absolutely fascinated by its discreet nature, which allows for substantial trades without causing any disturbance in the market. This is a huge advantage that draws me in. Platforms like as https://cryptex.net/en/otc offer a direct negotiation aspect that provides tailored agreements, something that is quite rare in traditional exchanges. The risk mitigation offered by OTC trading is a game-changer as it minimizes slippage and market manipulation. Additionally, the access to a diverse range of cryptocurrencies and the potential for better pricing only adds to its allure. OTC trading, with its nuanced approach, adds an exciting layer to my exploration of the cryptocurrency world. The potential for larger transactions, personalized deals, and reduced risks fuels my keen interest, positioning OTC as an innovative and intriguing realm within the crypto market.

    Entering a new year does indeed bring forth a mix of excitement and uncertainty, especially in the world of investments. The anticipation of a bullish market or the groundwork for such a season fuels various strategies. While 'diamond hands' or hodlers often boast success, I believe in maximizing the potential of holdings through productive means. Passive income avenues like staking or utilizing innovative products offered by exchanges, such as Bitget's wealth management with its attractive APR, seem intriguing. Yet, accessibility could pose a challenge for many due to the substantial minimum investment. Exploring similar products across different platforms might offer diverse opportunities, potentially defining our journey in this promising year. I'm curious to hear from fellow investors exploring such options, as it could shape our approach in navigating this new and exciting period.

  8. Just now, gamred said:

    Binance Launchpad is still the king, no surprise there. But good competition from Bitget is always healthy for the space. and I wanna ask some questions about other crypto exchange platforms?? Which is good one to test for beginners??

    Cryptex bitcoin exchange? Sign me up for an info-mining mission! I'm always on the lookout for platforms that blend security with convenience, and Cryptex's name alone piques my curiosity. Bitcoin can be a wild frontier, so a fortress-like exchange sounds intriguing.

    First things first, security: are we talking cold storage, multi-sig, two-factor authentication? My precious sats deserve ironclad protection. Next, usability: can I navigate the platform like a seasoned trader, or will I be stuck deciphering hieroglyphs? Fees matter too, because no one wants to lose a chunk of their bitcoin to highway robbery.

    But cryptex offers more than just basics. OTC trading for big players? Sounds fancy, but is it accessible to a regular crypto explorer like me? And what about that "cash withdrawal in 20 countries" feature? Could Cryptex be the portal to global bitcoin freedom?

  9.  

    Thank you for sharing your insightful Elliott Wave Analysis of Cardano/U.S. dollar (ADAUSD), Kittiampon! Your analysis highlights the structure as a zigzag and position as wave B, indicating a corrective mode and reactionary function. It's interesting to note the probability of wave reversal ((2)) at .786 x length of wave ((1)), which provides valuable information for traders looking to develop a trading strategy. Your trading strategy of waiting for the correction to finish and joining the trend again aligns with a conservative approach to trading and can help mitigate risk. It's also helpful to see that the technical indicators, such as the price being below the MA200 and the MACD and RSI being bearish, are supporting your analysis. Overall, your contribution to the TradingLounge community is greatly appreciated, and I look forward to seeing more of your analysis in the future!

  10. Great analysis, Kittiampon! Your Elliott Wave Technical Analysis of Binance/U.S. dollar (BNBUSD) is quite informative and helpful for traders looking to follow the trend and develop a trading strategy for  Canadian crypto gambling guide  info for real Canucks  I appreciate your attention to detail in identifying the structure as an impulse and the position as wave III, as well as noting the wave 3 length in relation to wave 1. Your trading strategy of waiting for the correction to complete and consolidate the trend is a smart approach that many traders can benefit from. It's also helpful to see that the technical indicators, such as the price being above the MA200 and the wave oscillators being bullish, are aligning with your analysis. Overall, your contribution to the TradingLounge community is greatly appreciated. Keep up the good work!

  11. The analysis provided for BTCUSD is informative and well-detailed, with clear entry and exit strategies for bullish traders. However, it is important to note that trading in cryptocurrencies is highly speculative and carries a significant risk of loss. Traders should always conduct their own research and analysis before making any investment decisions and should not rely solely on the opinions of others. It is also crucial to use risk management tools such as stop-loss orders and to be cautious with leverage to avoid large losses. While the recommended strategy appears to be well thought out, traders should always be prepared for unexpected market movements and adjust their positions accordingly. It is always advisable to seek professional advice from a financial advisor or licensed trader before investing in any asset.

  12. The recent analysis of the Litecoin price by Coinpedia sounds promising for crypto investors. The prediction of the 3-digit price target of Litecoin and the potential for a bull run is an exciting prospect for investors who are seeking profitable returns. The history of the Litecoin price growth peaking before the halving further solidifies the current bullish trend in the crypto market.

    Furthermore, the endorsement of Litecoin by its creator, Charlie Lee, and his prediction of a 10 percent edge over Bitcoin in the next bull run, adds to the positive outlook of Litecoin's future. However, as with any investment, it's important to exercise caution and conduct thorough research before making any decisions.

    Investors should keep in mind that the cryptocurrency market is highly volatile, and market predictions can always change. It's essential to stay informed and up-to-date with market trends and news to make informed investment decisions.

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