Cryptocurrency News & Discussion

The original post: /r/cryptocurrency by /u/hiorea on 2024-12-24 19:43:21.

The original post: /r/cryptocurrency by /u/Routine-Demand-483 on 2024-12-24 19:23:31.

This is hell. Pure hell. I never want to go through this again. I think I've hit rock bottom.

In a 3rd World countrythis is a lot of money. I was holding ETH and foolishly started futures trading. Initially, I was making gains, but greed took over. I was so close to liquidation that I sold my entire ETH position to add more funds to my short Position on that shitcoin UXLINKUSDT. I THOUGHT the price would drop, but it skyrocketed in an inexplicable way.

I'm left wondering how they manipulate the market. Is there some kind of indicator that says, "Hey, this guy just invested $3000, let's liquidate him"? How is it possible for the price to suddenly explode and then crash dramatically within minutes? If I hadn't been liquidated, I would have been in profit.

https://preview.redd.it/60xj8nvkku8e1.png?width=1080&format=png&auto=webp&s=ab131af161741c09f14c02b5a607a225fd6766b6

Any advice on how to navigate this kind of market manipulation would be greatly appreciated.

https://preview.redd.it/sg86e49eku8e1.png?width=1080&format=png&auto=webp&s=f04fe3329864cb91da6b7653e08fcba851057221

https://preview.redd.it/qhfoc59eku8e1.png?width=1080&format=png&auto=webp&s=d4bb64e45fc21826d604b7834fd172ffb7bf4ebb

The original post: /r/cryptocurrency by /u/Silver-Maximum9190 on 2024-12-24 19:23:25.

The original post: /r/cryptocurrency by /u/Wise-Grapefruit-1443 on 2024-12-24 19:16:02.

The original post: /r/cryptocurrency by /u/kirtash93 on 2024-12-24 18:05:43.

The original post: /r/cryptocurrency by /u/GabeSter on 2024-12-24 18:00:57.

The original post: /r/cryptocurrency by /u/EffectSix on 2024-12-24 18:00:20.

I've read probably 20 posts within the past 3 days if people losing it all (usually from their hot wallets but some from their hard wallets). Yes, some people admit to doing some dumb things, but others claim they did everything in their power to protect their money and still getting drained..

I'm honestly wondering if keeping your funds safe in the long-run is actually possible or if pretty much the majority of people eventually gets burned. What do I need to do to keep my funds safe?

The riskiest thing I do is interact with a few dApps/Dexes, which I know may end up burning me. I only access crypto websites via Coingecko links. My seed phrase is only written down. I'm paying for a VPN. I use a password for my wallet (though this doesn't matter if your seed phrase is compromised). I've ran two different antivirus scans with nothing. I do get sus 0.000001 SOL deposits to my wallets (dusting from I learned).

I'm thinking of wiping my computer clean and creating new wallets, emails, and buying a hardware wallet. But, I still worry that no matter what, I'll be compromised. At this rate, I feel like I should just buy the top 10 coins and store them on a CEX. Idk. Thoughts? Thanks for listening to my venting

The original post: /r/cryptocurrency by /u/KIG45 on 2024-12-24 17:03:27.

The original post: /r/cryptocurrency by /u/lennethluna on 2024-12-24 16:57:50.

The original post: /r/cryptocurrency by /u/InclineDumbbellPress on 2024-12-24 16:54:45.

The original post: /r/cryptocurrency by /u/Every_Hunt_160 on 2024-12-24 16:53:15.

The original post: /r/cryptocurrency by /u/hiorea on 2024-12-24 16:40:43.

The original post: /r/cryptocurrency by /u/Funnyurolith61 on 2024-12-24 16:31:29.

The original post: /r/cryptocurrency by /u/Odlavso on 2024-12-24 16:22:02.

The original post: /r/cryptocurrency by /u/Experimentationq on 2024-12-24 15:18:02.

The original post: /r/cryptocurrency by /u/KIG45 on 2024-12-24 12:58:15.

The original post: /r/cryptocurrency by /u/Hermes_Trismagistus on 2024-12-24 12:24:17.

The original post: /r/cryptocurrency by /u/Experimentationq on 2024-12-24 08:55:51.

The original post: /r/cryptocurrency by /u/No-Elephant-Dies on 2024-12-24 08:54:55.

The original post: /r/cryptocurrency by /u/hiorea on 2024-12-24 08:06:49.

The original post: /r/cryptocurrency by /u/sadiq_238 on 2024-12-24 07:48:23.

The original post: /r/cryptocurrency by /u/kirtash93 on 2024-12-24 07:25:45.

The original post: /r/cryptocurrency by /u/SuperPair2473 on 2024-12-24 07:22:46.

XLM is used mainly for cross border payments to regions where people struggle with financial transactions. Recent news regarding Stellar :

1. Protocol22 is now live, allowing for greater security through constructors for soroban smart contracts and BLS12-381. Iirc Protocol22 was launched on December 5 of this year so this is very recent.
2. Partnerships with MoneyGram has reached its second year and Etherfuse is also looking to adopt the block chain in 2025.
3. Franklin Templeton's AUM through their Benji coin created using Stellars features have reached over 400M$.
4. Over 9 million addresses on the Stellar network; Q1 2024: 8m, Q2: 8.4M, Q3: 9m. This shows a large surge in addresses from the beginning of the year up until the third quarter.
5. Mastercard also partnered with Stellar on October 15 of this year too.

I feel that this cryptocurrency is rapidly expanding on its capabilites and its adoption but it's a dormant giant where it doesn't get as much hype or buzz as opposed to other coins

Edit: Don't mind the typo, it's XLM not "XML". I type too fast

The original post: /r/cryptocurrency by /u/Current_Quality_1229 on 2024-12-24 06:27:49.

Santa delivered early this year—Bitcoin hit a new ATH! Looks like the big guy finally checked his portfolio and decided we were on the nice list.

Let’s toast to:

Bitcoin: The Christmas miracle that keeps on giving.

Ethereum: The Rudolph of crypto, lighting the way for altcoins.

Altcoins: Still waiting for their turn under the tree.

Here’s wishing you all a Merry Cryptmas filled with green candles, diamond hands, and a wallet so fat it makes Santa jealous!

PS: Don’t drink too much eggnog before trading—leverage and holiday cheer don’t mix.

Cheers, Your fellow degen

The original post: /r/cryptocurrency by /u/InclineDumbbellPress on 2024-12-24 02:38:09.