At this time, when the market is active, everyone asks: "What cryptocurrency will I make more money with?" Several coins have spearheaded previous market gains. With incredible growth, they have drowned their investors in huge profits. So where can we find coins with this potential and crypto pump signals in telegram channels with SafeTrading?
In fact, there are several ways to do this, and these are fairly simple methods. SafeTrading analysts will mention some of them here. These are the basic techniques that anyone can apply. Let's get started right now.
First, everyone thinks that price indicates whether a coin is cheap or not. In fact, this is approximately a false opinion. So, first of all, I must free you from this faith. The price alone is just an illusion. If you decide based on price alone, you are most likely going wrong. Let's check this sentence with a simple example.
Consider coins "A" and "B" with prices of $ 0.00023 and $ 350, respectively. Since I have been in the market for a long time, most investors ask: "Which is cheaper?" I know that when asked, he will show coin "A". So is Coin A cheaper?
For example, suppose a coin with a price of $ 0.00023 has a supply of 2 trillion, and a coin with a price of $ 350 has a supply of 1 million. In this case, we can compare the prices and supply of the two coins to find out which one is cheaper and has the potential in crypto pump signals in telegram. To do this, we multiply the price and supply of these two coins with each other and compare the values found.
In the latter case, the market value of coin B is $ 350 million and the market value of coin A is $ 460,000,000. In other words, Coin B is cheaper than Coin A, even though its price is $ 350. (excluding other factors)
Even if price by itself does not work for us, we have learned another concept here - “market value”. Market capitalization helps us understand a coin better by evaluating its supply and price together.
If you go to coinmarketcap.com, you will see that there are a lot of coins there. These coins are ranked by market cap. Bitcoin is at the top (# 1) as it is the largest coin by market cap. More coins will follow.
Let us briefly recall what happened during the "global real estate crisis" in 2008. During this period, the United States experienced a significant increase in the value of real estate assets and some financial assets. Thereafter, when the value of such financial assets declined, real estate loan banks entered a serious crisis. The crisis-ridden commercial banks weakened the balance sheets of the giant investment banks, and a chain of bankruptcies began in the economy. The last straw was the bankruptcy of Lehman Brothers on September 15, 2008, which is considered the date of the start of the global real estate crisis.
While giant investment companies filed for bankruptcy one after another, it was Citi Bank's turn in the 2008 crisis. At this point, the US government intervened. The bankruptcy of Citi Bank could seriously damage the US financial system. At this stage, the Fed decided to bail out Citi Bank and other large companies. The spirit of this period is expressed by the slogan: "Too big to fail." After this process, it is worth remembering that Bitcoin was created as a reaction to the traditional financial system.
One of the most significant developments in the cryptocurrency markets in 2021 was the public offering of Coinbase on the Nasdaq exchange. Coinbase (COIN) successfully went public and was able to raise a large amount of funds. When Coinbase's IPO coincided with Bitcoin's record period, Coinbase was able to get funds out of the market above expectations.
Now Coinbase has grown significantly and achieved a monopoly position in the cryptocurrency markets. The loss of Binance Exchange licenses in many countries in the third quarter further increased Coinbase's monopoly power - expert of SafeTrading.
As a result, Coinbase's growing monopoly in the bitcoin and cryptocurrency markets, which emerged as a reaction to centralization and power, is contrary to the spirit and philosophy of the market, and Coinbase is in danger of becoming Lehman Brothers in the cryptocurrency markets.