First steps into crypto – Year 2017 and the FOMO frenzy I started approaching crypto at the end of 2017, when Bitcoin (BTC) was at its historical peak at that time. The BTC price surpassed 10,000 USD and quickly climbed to nearly 20,000 USD in December 2017. A friend bragging about huge profits from "trading" crypto motivated me to join in a FOMO style (Fear Of Missing Out). I put all my savings (which was not a small amount for a young person at that time) into buying BTC and some altcoins based on advice from friends and Telegram groups, without thoroughly researching the technology, whitepapers, or risks. The result: just a few months later, the market collapsed severely during the crypto winter of 2018. BTC price plummeted below 4,000 USD by the end of 2018 – early 2019, causing my account to lose over 60–70%. My emotions at that time: panic, self-blame, doubt everything, even temporarily leaving the market due to unbearable psychological pressure. This was the first lesson I learned in the market: crypto is not a get-rich-quick game, but a long-term battle with one’s own emotions.
Comprehensive Guide: Analyzing Japanese Candlestick Patterns in Financial Trading
Japanese Candlestick is not just green and red lines on the chart; they are the market's language, reflecting the psychological battle between Buyers (Bull) and Sellers (Bear). Understanding candles gives you the key to interpret price behavior. Below is a detailed analysis of candlestick groups from basic to complex, helping you build a solid foundation for technical analysis. Part 1: Basic Structure of Japanese Candlestick
🚨 WARNING: According to CoinGlass data, 90,322 traders have been liquidated in the past 24 hours, with a total liquidation value of 265.25 million dollars. $BTC $ETH $BNB
The price of each ounce of gold has returned above the 5,000 USD mark, after the US announced a cooling inflation in January. At the close of trading on February 13, global spot gold prices increased by 120 USD to 5,041 USD per ounce. This trend reversed from the previous session, where prices fell by 3% to the lowest in nearly a week. The market rose in the last trading session of the week, thanks to falling US inflation, increasing expectations that the Federal Reserve (Fed) will cut interest rates. For the week as a whole, gold prices increased by 1.2%.
Trump's Calculations in Revoking the Conclusion that 'Greenhouse Gases are Harmful to Humans'
Trump's revocation of the conclusion regarding the dangers of greenhouse gases not only paves the way for the repeal of numerous climate regulations in the US but also eliminates the authority to set emissions standards for the succeeding administration. The Trump administration announced the repeal of the scientific conclusion stating that greenhouse gases pose a danger to human health on February 12. This conclusion was approved by the US 17 years ago, during the presidency of Barack Obama.
Proposal for the withholding and payment of taxes on the transfer of cryptocurrency assets
The Ministry of Finance proposed that cryptocurrency asset exchanges withhold, declare, and pay taxes on behalf of foreign organizations and individuals for transfer transactions. Recently, the Ministry of Finance proposed that foreign organizations and individuals, both residents and non-residents, be subject to a 0.1% income tax on the revenue from the transfer of cryptocurrency assets each time. In the draft circular currently under consultation, the Ministry of Finance proposed that organizations providing cryptocurrency asset services (exchanges) withhold, declare, and pay taxes on these transfer transactions. The declaration and tax payment are to be conducted monthly.