Jump to content

Bash4j

Community Member
  • Posts

    146
  • Joined

  • Last visited

  • Days Won

    7

Everything posted by Bash4j

  1. With the new rebranded slogan leveraging new technology such as AI to help every member of the community "Trade Smarter" Alongside the new visual identity that aims to provide users with a safer, easier, and more efficient crypto trading experience. The need to revisit the exchange strategic achievement and the 2023 Crypto challenges as we continued to search for a way forward in anticipation of the new Bull Run. 1. The study by TokenInsight highlighted BGB among the best-performing CEX tokens in Q1 and Q2 of 2023, with the exchange placing fourth in market share as it record a steady increase in the trading volume by about 300% in the last 6 months. 2. Launching the world's first AI-powered spot grid feature that offers benefits for both novice and experienced traders. With the ability to analyze large amounts of data quickly and accurately while eliminating human emotion that leads to irrational decisions caused by fear or greed. 3. The upgrade of its protective fund with a 300M capital scale to provide an extra layer of resilience to its users' assets. 4. Launching Bitget Web3 Fund during the Hong Kong Blockchain Week, with an initial investment of $100 million targeted at Web3-friendly venture capital and outstanding Web3 projects to support the development of the next generation of crypto projects. 5. Introducing the 1st of its kind. One-Click Copy Trading feature with a special trading program that allows anyone new to trading and crypto begins to start trading right away. Users without the experience or time to practice active trading will let the system copy the orders placed by expert traders for them 6. Upgrading its brand logo and slogan with the new vision to help users find their trading direction that aligns with their investment goals. Recording such an achievement despite the intense bearish pressure might just be a litmus test of what awaits us in the nearest future.
  2. An idea that was canceled three years ago with the ambition of creating a new identity and financial network owned by everyone is gradually becoming a reality. If successful this could drastically increase the economic opportunities. In my opinion, while awaiting the team's progress and the moon trip of $WLD There can't be a better platform to bag this gem than a pro-regulatory platform with a dip liquidity profile and exceptional security architecture. In terms of good liquidity profile Binance, Bybit, Bitget, and OkX might come first but in terms of regulatory compliance and asset security, Bitget remains on top.
  3. Supply and demand is the most important determinant of cryptocurrency This is a basic economic principle. If a cryptocurrency has a high token supply with little demand from traders and users, then the cryptocurrency’s value will drop. Conversely, if the supply of a particular cryptocurrency is limited and the demand is high, then the value of the coin will increase. This is linked to the scarcity element that drives up prices and is one of the factors that saw the price of Bitcoin and ETH climb to its highest levels. The media or public sentiment also has a big influence on the price of cryptocurrencies. If a token or platform gets some negative publicity let's say FTT, or the Binance/SEC issue you would generally see the price of that coin take a dip. While, if a coin were to get high-profile support and good media coverage due to team effort i.e. Bitget BGB's steady price increase from the 2023 Q1 report to date. This means prices are heavily influenced by human emotion and hype. Other factors that have a big bearing on the price include the level of token utility, multiple CEXs listing i.e., how useful is the token, and the underlying blockchain platform in solving a real-world problem or reputation of listing CEX. Aside from Binance's popularity, another key factor that might attract massive adoption is the listing news of a Non-KYC regulatory compliance CEX, Lastly Difficult would mean it is more difficult to increase the supply of the coin and cause upward pressure on the price when demand is high. Will Worldcoin survive the test of these listed factors or will it succumb to the crypto space pressure?
  4. Absolutely. The new development seems inevitable as the widespread adoption of non-KYC regulatory compliance exchange keep happening like wildfire giving the exchange an edge over ByBit and OKX in terms of open market interest, trading volume, and market share as reported by TokenIsight Q2 Highlight. Although your insight about the exchange users' experience and security architecture might be helpful to boost potential confidence.
  5. Cryptocurrency trading is the buying and selling of digital assets, such as Bitcoin, ETH BGB, BNB, and NFTs (non-fungible tokens). While Forex trading means swapping one fiat currency for another in the hope the currency will rise in value, which the trader can then reconvert for profit. Each method Of investment has its own risk and opportunity. I would recommend trading Cryptocurrency over forex. The reasons are 1. Even though the Forex market is more liquid but the risk potential and uncertainty make prediction more difficult than in the crypto market. 2. Both markets are very volatile although the availability of multiple options and trading platform makes the crypto market more reliable than forest trading. 3. Forex might be far ahead of the Crypto market in terms of trading volume but the slow and steady institutional adoption coupled with the perceived global recession make Crypto trading a potential future investment alternative to forest . However, you must diversify your investment wisely and stay updated on recent happening in the crypto space. I think it’s better to invest in a reliable crypto platform with a dip liquidity profile due to the potential profit and asset security. And I highly recommend platforms that are pro-regulatory with a community-driven style that allows users to be in control of their assets and create their wealth opportunities. Let's brainstorm. Crypto or Forest trading?
  6. With strong rumors pointing to Amazon founder Jeff Bezos owning both Bitcoin and Etheruem plus Amazon Web Services partnering with Ava Labs in a bid to accelerate the adoption of blockchain technology by enterprises while Apple products are now freely accessible via the use of BitPay Crypto Debit Card, just to mention but few, the stage might be set to ignite the starting gum on the next bull phase.
  7. Sure. The open lifestyle exhibited by CZ inspires a lot of users to Binance and BNB in the last Bull run. In my opinion, the recent energy and commitment displayed by Gracy Chen might project the future of her exchange and the BGB token in the upcoming crypto bull phase.
  8. The Next Bull Run is likely to be the most unique. Below are the key highlight worth noting. 1. Global Recession Stocks have been on a decade-long bull run. It has now been more than 3,500 days since we last experienced a bear market, But there are signs that the boom is coming to an end. Inflation is growing, home sales are declining, credit card debt is rising, and unemployment is at record lows. Many leading economists expect a recession within the next 18 months, if not sooner. Traditionally, recessions see investors move into gold. Cos gold protects your money’s purchasing power, But there are hopes that the next recession could see investors run to Bitcoin instead. 2. Companies and FOMO You can argue that the 2021 bull market was driven by regular people’s fear of missing out (FOMO). There’s a school of thought that the next bull market could be driven by companies’ FOMO instead. As more and more companies invest a significant amount of capital in blockchain and crypto technology, competitors are likely to do the same thing to avoid being left behind and potentially losing customers. We’re already starting to see such situations on Wall Street. Banks such as Fidelity, Goldman Sachs, JP Morgan, and Citigroup are jostling with each other in a bid to create, develop, and offer crypto services. 3. The steady commitment of crypto exchange to enhancing Web3 financial service capabilities while bringing the dividends of blockchain innovation as they slowly integrate the BRC-20 protocol with Bitget being the first exchange to support BRC-20 asset trading. The combining power of artificial intelligence with the popularity of the exchange native token in terms of utility and continue price surge as reported on the recent Q2 TokenInsight highlight. 4. Amazon Accepting Crypto The CEO of Bitget Gracy Chen as well as the CZ of Binance believes the starting gun for the next crypto bull run lies in the hands of one big company. Interestingly Amazon is already experimenting with blockchains. Of course, this all feeds into the idea of adoption. If any large tech company (Apple, Google, Facebook, Netflix, etc.) started accepting or issuing crypto as standard, the price of the leading coins could multiply overnight. 5. Cryptocurrency ETFs Exchange-traded funds (ETFs) are investment funds that can be traded on stock exchanges like regular equities. They gained widespread popularity in the early 1990s and have since seen more than $2 trillion of investment. Investors like ETFs due to their flexibility, diversification potential, lower costs, and tax benefits. Currently, there are few crypto ETFs application like - Blackrock - ARK Invest - Valkyrie - Invesco - WisdomTree - BitWise with $4.5 Trillion in assets from Fidelity. so far, the U.S. Securities and Exchange Commission (SEC) has approved a few with others yet to be approved leading to Vast amounts of institutional money slowly flowing into the sector, thus firing the starting gun on a new bull run. What are your thoughts?
  9. I'm Bash, A crypto enthusiasm, promoter, and community builder.
×
×
  • Create New...
us