Crypto Trends – Telegram
Crypto Trends
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Best channel to learn about cryptocurrency, bitcoin & blockchain for free

Top ways to earn money in crypto

Channel about the best cryptocurrency (crypto) trends.

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📊 Market Overview:

BTC : $57054
ETH : $3039.85
BNB : $514.29
SOL : $140.22

Dominance :

BTC : 50.89 %
ETH : 16.57 %
Stables : 6.59 %

📈 Market Cap :

Total : 2.22T
DeFi : 78.22B
24hr Vol : 185.85B
Mastering_Blockchain_Unlocking_the_Power_of_Crypto.pdf
16.6 MB
Mastering Blockchain
Lorne Lantz, 2020
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How does crypto works

https://news.1rj.ru/str/Bitcoin_Crypto_Web

Cryptocurrency works through a technology called blockchain, which is a decentralized and distributed ledger that records all transactions across a network of computers. Here is a simplified explanation of how cryptocurrency works:

1. Cryptography: Cryptocurrencies use cryptographic techniques to secure transactions, control the creation of new units, and verify the transfer of assets.

2. Blockchain: Transactions are recorded in blocks, which are linked together in a chain. Each block contains a list of transactions, a timestamp, and a cryptographic hash of the previous block. This creates a secure and transparent record of all transactions.

3. Decentralization: Unlike traditional centralized systems, cryptocurrencies operate on a decentralized network of computers called nodes. These nodes work together to validate transactions and maintain the integrity of the blockchain.

4. Consensus Mechanism: To prevent fraud and ensure the accuracy of transactions, cryptocurrencies use consensus mechanisms such as Proof of Work (PoW) or Proof of Stake (PoS). These mechanisms require participants to solve complex mathematical problems or stake their cryptocurrency to validate transactions.

5. Wallets: Cryptocurrency wallets are digital tools that allow users to store, send, and receive cryptocurrencies. Each wallet has a unique public address and private key for secure access.

6. Mining: In some cryptocurrencies, like Bitcoin, miners use powerful computers to solve complex mathematical problems and validate transactions. Miners are rewarded with newly minted coins for their efforts.

7. Transactions: When a user initiates a transaction, it is broadcasted to the network and added to a block. The transaction is then verified by nodes in the network before being permanently recorded on the blockchain.

8. Security: Cryptocurrencies are secured by cryptographic algorithms and private keys, making them resistant to hacking and fraud. However, users must also take precautions to protect their private keys and wallets from theft.
Crypto Vs. Stock➡️

🟢What is cryptocurrency? 

In simple terms, cryptocurrencies are digital currencies powered by blockchain technology. They rely on cryptographic techniques to secure and verify transactions and are typically used as a medium of exchange and a store of value. Most cryptocurrencies run on decentralized networks, and their market value is driven by supply and demand.

🟢What is a stock?

Stocks represent partial ownership of equity in a business, and they reflect the value of a functioning company. Sometimes, the owner of a stock is also ennoscriptd to a share of the company's profits in the form of a dividend. The value of a stock can move according to the company’s performance and other factors such as relevant news announcements. 
 
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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.
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📊 Bitcoin just hit $58000
Learn the basics of crypto with Binance.
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📊 Cryptocurrency Trading Basics: Technical Analysis 📈

Technical analysis evaluates investments through statistical analysis of market activity 📉. It focuses on price charts and indicators to identify patterns. Unlike fundamental analysis, it doesn't measure underlying value but uses historical price data to predict future movements 📅.

Key Concepts:
- Market Discounts Everything: Prices reflect all information 💡.
- Price Moves in Trends: Future movements follow trends 📉.
- History Repeats Itself: Past data predicts future trends 🔄.

Learning & Practice:
Continuous learning and practice are essential 📚. Engage with resources, practice extensively, and contribute your insights.
📊 Market Overview:

BTC : $58859
ETH : $3160.42
BNB : $537.22
SOL : $140.4

Dominance :

BTC : 50.81 %
ETH : 16.66 %
Stables : 6.42 %

📈 Market Cap :

Total : 2.28T
DeFi : 78.78B
24hr Vol : 59.61B
Bitcoin hit $59000 & ethereum hits the $3200 mark!
📊 Bitcoin just hit $60000
Ways to earn from cryptocurrencies

1. Buying and Holding (HODLing): This involves purchasing cryptocurrencies and holding onto them for an extended period, hoping their value will increase over time. If the price goes up, you can sell them for a profit. This is similar to traditional investing in stocks or commodities.

2. Trading: Cryptocurrency trading involves buying and selling cryptocurrencies on various exchanges to profit from price fluctuations. Traders use technical and fundamental analysis to make informed decisions. Day trading, swing trading, and arbitrage are common trading strategies.

3. Mining: Mining involves using computational power to solve complex mathematical problems on a blockchain network. Miners validate transactions and add new blocks to the blockchain in exchange for cryptocurrency rewards. While it can be profitable, it often requires significant hardware and energy investments.

4. Staking: Some cryptocurrencies offer staking as a way to earn rewards. Staking involves holding a certain amount of a cryptocurrency in a wallet and participating in network activities, such as validating transactions. In return, you receive additional coins as rewards.

5. Dividends and Interest: Certain cryptocurrencies, like some stablecoins, offer interest or dividends to holders. These earnings are typically generated from lending or staking the assets.

6. Airdrops and Forks: Occasionally, cryptocurrency projects distribute free tokens to existing holders (airdrops) or undergo network upgrades (forks) that create new cryptocurrencies. Holding the original cryptocurrency can result in receiving these new tokens.

7. Yield Farming and Liquidity Provision: In decentralized finance (DeFi), users can earn by providing liquidity to liquidity pools or participating in yield farming programs. They earn rewards in the form of tokens or fees for their contributions.

8. Freelancing and Payments: Some individuals accept cryptocurrencies as payment for goods or services they provide, like freelancers and online businesses.

9. Initial Coin Offerings (ICOs) and Token Sales: In the past, some people earned by investing in ICOs or token sales of new cryptocurrency projects at an early stage. However, these investments come with high risk and regulatory scrutiny.

10. NFTs (Non-Fungible Tokens): Creating, buying, and selling NFTs, which represent unique digital assets like art, collectibles, or virtual real estate, can be a way to earn income in the cryptocurrency space.

It's important to note that the cryptocurrency market is highly volatile and speculative, and investing in cryptocurrencies carries risks. Before getting involved, it's advisable to do thorough research, understand the risks, and consider your risk tolerance and investment goals. Additionally, be aware of the legal and tax implications of cryptocurrency earnings in your jurisdiction.
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The photo speaks to the psychology of the crowd!!

-If the majority is skeptical -> market bump
-If numbers are excited -> market dump
-If the majority expects -> reverse psychology
📊 Market Overview:

BTC : $59611
ETH : $3190.77
BNB : $533.52
SOL : $143.92

Dominance :

BTC : 51.03 %
ETH : 16.63 %
Stables : 6.34 %

📈 Market Cap :

Total : 2.31T
DeFi : 79.29B
24hr Vol : 61.1B
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Bitcoin breaks $62,000 mark...