Bitcoin exchange balances are hitting six-year lows, but some analysts argue this metric is overrated.

📈Another way to make money on crypto 👨‍💻

Today I will tell you about Ambassador Program (AP)🤔

It can take several weeks or even months from the start of the project search to the market release. Developers are engaged in its creation and promotion. But what is an ordinary user to do all this time? There is a solution - Ambassador programs!

APs are created to attract the interested users, ready to invest time and energy into creation and development of the community.

📌 Ambassadors are users who help create content, manage the community in social networks, expand the audience and develop it.

AP is a way to make money for those who have little or no deposit.

🔤 Why are projects looking for endorsers?
• to spread hype around the project
• create a community of interested users
• to improve the project and find mistakes.

The Ambassador gets rewarded with project tokens or access to private and early sales.

You don't have to be an article-writer or a photo/video masters master in order to join the Ambassador program, other services can do that for you. But the content created by you personally is valued many times more.

↗️ It is important to understand: this is not the way for fast enrichment. You have to really work here.

The key point in this kind of earnings is NOT how cool you make content, but how quickly you find a good project with an Ambassador program. Since ambs attract a large number of people, speed of action is extremely important here.

🥅 For an example of an amba, we can talk about the Cudos project. The project paid its Ambassador from $ 500 to $ 2000. But this project has already completed the recruitment of ambassadors and now it is VERY difficult to get there.

About all the features of this type of activity is impossible to tell in one post, so maybe in the future will tell more about this topic.

💭 Let's continue to talk about the types of earnings?

Yes - 👍
No - 👎

Newbies vs Bitcoin Maximalist 😛🤣 💯

📊 Market Overview:

BTC : $61373
ETH : $3379.43
BNB : $573.89
SOL : $140.7

⚡ Dominance :

BTC : 50.74 %
ETH : 17.05 %
Stables : 6.08 %

📈 Market Cap :

Total : 2.39T
DeFi : 85.47B
24hr Vol : 42.26B

Over 1 million people hold at least 1 Bitcoin.

Essential Trading Rules to Follow:

1. Entry Confirmation: Only enter a trade after the trend confirmation by a strong candle signal. This validates the direction 📈

2. Strategic Stop Loss: Place your stop loss just below a key zone for risk management. This minimizes potential losses

3. Profit Targets: Set your take profit at a logical level, based on larger timeframe analysis. This maximizes potential gains

4. Patient Trading: Wait for the trade to develop without rushing or letting emotions influence your decisions. Patience is key

By sticking to these rules, you'll enhance your trading discipline and potential for success

Basics of Cryptocurrency for those who are new to this world

Cryptocurrency is a digital form of currency that uses cryptography for security and operates independently of a central authority, such as a government or financial institution. It is decentralized and typically based on blockchain technology, which is a distributed ledger that records all transactions across a network of computers.

Cryptocurrencies can be used for various purposes, including online transactions, investments, and remittances. Some popular cryptocurrencies include Bitcoin, Ethereum, and Ripple. Each cryptocurrency has its own unique features and uses, but they all share the common characteristics of being digital, secure, and decentralized.

Investing in cryptocurrencies carries risks, as their value can be highly volatile. However, many people see them as a promising alternative to traditional currencies and financial systems due to their potential for transparency, security, and accessibility.

Sony to launch crypto exchange in Japan.

Coinbase to hold crypto for the US 🇺🇸 government.

The United States Marshals Service will use #Coinbase Prime for their Class 1 crypto holdings.

While some similar macro factors may influence both Bitcoin and equities, their correlation remains low, despite a slight increase from zero to 0.26 (90-day rolling).

The US dollar index, likely driven by other macro factors (inflation, interest rate differentials, etc.), has been more important for correlations to BTC than equitie

Analysts have named the most popular noncustodial wallets.

Let us share this statistic with you. You can install any of these services and use them safely:

▪️ MetaMask — 22.66 million installations worldwide. We can say that MetaMask has become synonymous with the words “cryptocurrency wallet.”

▪️ Coinbase Wallet — 11 million installations.

▪️ Trust Wallet — 10.4 million installations.

▪️ Blockchain.com — 10 million installations.

All of these reliable wallets—just be very careful and only download them from official resources.

Why do I need diversification?

Asset diversification is an investment strategy in which you allocate your assets in various areas to minimize the risk of loss.

If one of your coins in your portfolio starts to fall, your portfolio can remain stable (or even show profits) at the expense of other coins.

In crypto, diversification is crucial.

Since digital assets are extremely volatile, investing in just one coin can cause huge losses.

Moreover, it is recommended to diversify even stablecoins—just in case one of them suddenly collapses—you don’t lose all your money.

🌐 Beginner's Guide to Cryptocurrency

🔹 What is Cryptocurrency?
A digital or virtual currency secured by cryptography, enabling secure, peer-to-peer transactions without relying on banks.

🔹 Blockchain Basics
Cryptocurrency transactions are recorded on a blockchain, a decentralized ledger ensuring transparency and security.

🔹 Types of Blockchains
1. Public: Open to everyone (e.g., Bitcoin).
2. Private: Restricted access.
3. Hybrid: Combines public and private features.
4. Consortium: Controlled by a group of organizations.

🔹 Buying Crypto
Use trusted exchanges like Coinbase, Binance, and Gemini.

🔹 Crypto Wallets
Essential for storing crypto securely. Options include Phantom, MetaMask, and Ledger.

Crypto Regulations

Although crypto and blockchain technology have the potential to enhance many aspects of our lives, there are some people out there who would like to clamp down on the nascent technology.

Each country has a different attitude toward cryptocurrencies. For example, China has gone as far as imposing an outright ban on cryptocurrencies. It was even reported on social media that some politicians were being threatened with the death penalty for having violated crypto-mining laws.

Meanwhile, in Switzerland, the sentiment is much more welcoming and open to the technology. The country’s government encourages entrepreneurs to create crypto companies and further develop blockchain technology.

So, why is there so much apprehension regarding cryptocurrency?

Cryptocurrencies worry regulators for myriad reasons, the two most prominent of which are:

1. Governments are fearful of cryptocurrencies being used for illicit goods, such as narcotics, weapons, and other contraband, since crypto is the preferred payment method on these dark web platforms.

2. Taxation. Regulators are fully aware that blockchain technology permits people to handle money outside the government’s purview. Therefore, governments are attempting to pass stricter taxation laws to force people to comply—and pay taxes.

The taxation landscape will be in flux for the foreseeable future; however, we still recommend you read your country’s crypto tax laws before investing!