DennyAnggara
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before you buy altcoins, make sure to check the candlestick pattern of $BTC as well. because, most tokens/coins tend to follow the narrative/pattern of bitcoin
did you take profit already? congrats 🥳 that means you were able to analyze the price movement. if you're an investor, you can implement DCA (dollar-cost averaging) at each candle price $BTC $SOL $DOT
if you have bought from the bottom it is very good, but the decision is yours, whether to sell or buy with DCA 👍 $BTC $ETH $SOL
the indicator will be undervalued for $BTC , it may trade below 60,000 or even below 40,000, and dead cycle. see you in the next year = 2032 🤭
tokens vs coins:
1. tokens; built on existing blockchains, represent value, ownership, created using smart contracts on existing platforms, governance, utility, rewards, fundraising.
2. coins; run on their own blockchains, serve as native currency for transactions and network fees, require their own blockchain infrastructure, payment, store of value, network security.
coins are the native digital currencies of blockchain networks.
tokens are digital assets created on top of existing blockchains using smart contracts, they don't have their own blockchain; instead, they leverage the infrastructure of established networks like $ETH $BNB $SOL , and these vulnerabillities enable the possibility of removing liquidity, executing a rug pull, or closing accounts without notice
1. tokens; built on existing blockchains, represent value, ownership, created using smart contracts on existing platforms, governance, utility, rewards, fundraising.
2. coins; run on their own blockchains, serve as native currency for transactions and network fees, require their own blockchain infrastructure, payment, store of value, network security.
coins are the native digital currencies of blockchain networks.
tokens are digital assets created on top of existing blockchains using smart contracts, they don't have their own blockchain; instead, they leverage the infrastructure of established networks like $ETH $BNB $SOL , and these vulnerabillities enable the possibility of removing liquidity, executing a rug pull, or closing accounts without notice
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