PerennialLeek

vip
Age 9 Year
Peak Tier 4
Survivors of three Bear Markets have instead fallen in love with the Bear Market. They excel at remaining calm during big dumps, while feeling anxious in a bull run. They enjoy researching various Token economic models and firmly believe that long-term holding will eventually lead to profit.
If you actively trade in the crypto market, you've probably heard of pump and dump.
This is one of the most common manipulations that can even bypass experienced traders.
Let's figure out what a dump in crypto really is and how to protect yourself from it.
Basically, a dump in crypto is the result of a well-planned scam scheme.
Here's how it usually works: someone quietly buys large volumes of a little-known coin,
then starts creating hype on social media, forums, and Telegram chats.
They spread rumors about the project's potential, post supposedly insider information, and paint ro
View Original
  • Reward
  • Comment
  • Repost
  • Share
I've noticed that the crypto community constantly discusses short squeezes, but not everyone understands what they really are. I'll try to clarify it together with you.
A short squeeze is a phenomenon where the price of an asset suddenly skyrockets due to the mass closing of short positions. It sounds simple, but the mechanics of this process create a real market storm. When traders open shorts, they believe the price will fall and borrow the asset from a broker to sell it. But if the price suddenly starts rising — due to news, large purchases, or just market reevaluation — short sellers find
GME-2.76%
BTC-0.38%
ETH-1.92%
BNB1.46%
View Original
  • Reward
  • Comment
  • Repost
  • Share
Many newcomers to crypto ask what an altcoin is, and I realize each time that it's a question requiring a good explanation.
Simply put, altcoins are everything that is not Bitcoin. Originally, they were created as solutions to Bitcoin's problems: slow transactions, high energy consumption, limited functionality. But over time, many of them developed their own unique features, and today they are not just alternatives but an integral part of the blockchain ecosystem.
Interestingly, an altcoin is not just one category. There are platform tokens like Ethereum and Solana, which serve as the foundat
ETH-1.92%
SOL1.34%
DOGE-3.29%
ADA0.56%
View Original
  • Reward
  • Comment
  • Repost
  • Share
To be honest, when I first started learning about crypto investments, APY in crypto was a complete mystery to me. Everyone talked about interest, but no one really explained why one number matters more than another. Then I realized—it's one of the most critical metrics that determines whether you’re truly going to earn, or whether you’re just looking at beautiful numbers.
APY in crypto is essentially the annual percentage yield accounting for compound interest. It sounds complicated, but the idea is simple: your interest earns interest. It’s like a snowball rolling downhill and growing. If you
View Original
  • Reward
  • Comment
  • Repost
  • Share
If you've been in the crypto world for at least half a year, you've probably seen this scheme: a new token soars, the entire Twitter buzzes about it, the price jumps up, and then literally within hours everything collapses. The website is offline, Discord is closed, and investors are left with useless tokens in their wallets. This is called a rug pull, and it is one of the most common scams in DeFi.
I used to think it was rare, but then I realized — rug pulls happen constantly. Especially during the decentralized finance boom, when launching tokens on DEXs became easier than ever. Minimal chec
ETH-1.92%
View Original
  • Reward
  • Comment
  • Repost
  • Share
Honestly, I’ve been thinking for a long time whether I should write about futures for beginners. Because there are so many myths around that people are simply afraid to get involved. But here’s the thing — trading futures is not as complicated as it seems at first glance. Yes, there are pitfalls, but if you know the basic rules, even a beginner can start trading properly.
First, let’s figure out what it actually is. A futures contract is an agreement to buy or sell an asset (Bitcoin, oil, gold, currency) at a fixed price, but at a later date. For example, you can enter into a deal to buy Bitco
BTC-0.38%
View Original
  • Reward
  • Comment
  • Repost
  • Share
Recently, I noticed that many newcomers in crypto often get confused about one important detail when making transfers — that is the Memo. It turns out that for some cryptocurrencies, just the address isn't enough; you also need a special code.
The Memo (also called Tag or Target ID) is essentially an additional identifier that helps the platform understand exactly who your funds are intended for. It sounds complicated, but in practice, it's simpler than it seems. The fact is, coins like XRP, XLM, and BNB use shared addresses on exchanges, so without this code, the system simply won't understan
XRP-0.14%
XLM-0.31%
BNB1.46%
View Original
  • Reward
  • Comment
  • Repost
  • Share
When I first started understanding technical analysis, one thing constantly puzzled me: why does the price sometimes sharply reverse from certain levels? Then I realized that big players are behind it, and the key to understanding their actions lies in two concepts: order blocks and imbalances.
An order block is essentially a footprint of large capital on the chart. It’s an area where institutional players (banks, large funds) place their big orders. When I began looking for these zones, I noticed a simple pattern: an order block is usually formed by the last candle before a significant revers
View Original
  • Reward
  • Comment
  • Repost
  • Share
Let's honestly talk about the Martingale system. This Martingale strategy has long been circling in traders' minds, and I decided to figure out why it both attracts and scares people.
So, what is it exactly? It's a strategy where after each loss, you increase the size of the next trade. It originated in casinos but quickly moved into trading. The logic is simple: sooner or later, you'll win, and that win will cover all previous losses plus generate profit.
How does it work in practice? Suppose you bought a coin for $10 at a price of $1. The price drops to $0.95. Instead of panicking, you open
View Original
  • Reward
  • Comment
  • Repost
  • Share
I decided to figure out cryptocurrency arbitrage because I constantly hear about it in the community, and I’ve only been studying it theoretically so far. The essence is simple: buy crypto cheaper on one platform and sell it more expensive on another, earning on the difference. It sounds logical, but it’s not as straightforward as it seems at first glance.
Why do these price differences even occur? It turns out that prices for the same coin can vary significantly depending on the exchange. There are several reasons: the number of active buyers and sellers isn’t the same everywhere, prices upda
ETH-1.92%
BTC-0.38%
USDC-0.01%
View Original
  • Reward
  • Comment
  • Repost
  • Share
I decided to get a better understanding of cryptocurrency arbitrage… the theory has accumulated, but I want to understand how it works in practice.
Basically, the essence is simple: buy cryptocurrency cheaper on one platform and sell it more expensive on another, profiting from the difference. It sounds easy, but there are nuances. Prices for the same coin can vary significantly depending on the exchange — this happens because each platform has its own liquidity, different update speeds for quotes, and regional demand also influences.
There are several approaches to crypto arbitrage. The first
ETH-1.92%
BTC-0.38%
USDC-0.01%
View Original
  • Reward
  • Comment
  • Repost
  • Share
Honestly, when friends come over, and there's internet, but you need something to entertain the company—that's the problem. I started digging into apps and realized that phone games for groups are just a salvation. You don't need PUBG or some Fortnite; sometimes you just want to play something relaxing with close friends.
The games I found on the phone for groups turned out to be much more interesting than I expected. For example, Ludo King—that's just like in childhood, remember when we played on paper? Now everything's through a smartphone, you can invite a friend or even a stranger over the
View Original
  • Reward
  • Comment
  • Repost
  • Share
I've noticed that lately more and more people are interested in trading automation. And honestly, it makes sense — when the market operates 24/7 and you're sleeping, why not let the machine do its job?
Trading robots, or as they are also called, algorithmic trading — are essentially computer programs that analyze market data and execute trades based on pre-set rules. Without emotions, without hesitation, without the human factor. They work with stocks, bonds, currencies, commodities, and crypto. And yes, this is becoming increasingly popular because robots can catch opportunities that people s
View Original
  • Reward
  • Comment
  • Repost
  • Share
I've noticed that many people don't quite understand what a market maker is in crypto and why it’s important at all. In fact, it’s one of the most underrated parts of the cryptocurrency market infrastructure.
Essentially, a market maker is someone who constantly places buy and sell orders, creating liquidity. When you want to quickly sell your BTC or ETH without huge slippage — thank them. They act as the lubricant for the entire machine, ensuring smooth trading and stable prices.
For new projects, this is absolutely critical. Imagine: a new token launches, but no one is trading it, and the pr
BTC-0.38%
ETH-1.92%
TON24.98%
TRX0.72%
View Original
  • Reward
  • Comment
  • Repost
  • Share
I remember, a few years ago there was a wave of meme tokens that literally became a gold mine within days. One of the most vivid examples is the MOTHER token, created in honor of performer Iggy Azalea. The coin launched on Solana and skyrocketed hundreds of times in just a few days. One trader turned $900 into over $600,000 simply by buying early and selling a few hours after listing. Another made about $9 million by investing just $3,000. Of course, these are rare successes, but they show that on the crypto market, you can really catch a wave.
That’s when I started figuring out how to create
SOL1.34%
RAY-2.74%
View Original
  • Reward
  • Comment
  • Repost
  • Share
I wanted to share what I found about mobile cryptocurrency mining. Currently, there are plenty of apps on the App Store and Google Play that promise to help you mine directly from your phone. But not all of them are equally useful, so I’ll sort it out.
The most popular options are CryptoTab (one of the first mining apps, just install and run it), StormGain (cloud mining through an app, but needs to be restarted every 4 hours), NiceHash (a convenient profitability calculator, many users choose it), and Bitdeer (for those who want to mine multiple cryptocurrencies with a professional approach).
DOGE-3.29%
RVN-1.13%
BTC-0.38%
View Original
  • Reward
  • Comment
  • Repost
  • Share
I noticed an interesting story in the crypto community. HBO is releasing a documentary in October, and it’s supposedly going to reveal the identity of Satoshi Nakamoto. It might just be a marketing ploy, but prediction markets like Polymarket have already caught fire with speculation.
The most popular candidate among cryptographers and researchers is Nick Szabo. The guy is clearly not ordinary: he graduated from the University of Washington with a degree in computer science in 1989, and then went on to earn a doctorate in law. In 1994, Nick Szabo introduced the concept of smart contracts—somet
View Original
  • Reward
  • Comment
  • Repost
  • Share
Yesterday, I was bitten by a snake right on the hand in a dream, and I woke up in a cold sweat 😅 I immediately started googling what it means. It turns out that the interpretation of such a dream is not as straightforward as it seems. Of course, when a snake bites you in a dream, the first reaction is anxiety, but psychologists say that it doesn't necessarily mean trouble. It could be a warning, or it could simply reflect our fears. As for folk interpreters, when you see that a snake bites you on the hand in a dream, they talk about different options — from changes in life to the need to be m
View Original
  • Reward
  • Comment
  • Repost
  • Share
I've noticed that many newcomers to crypto don't quite understand how blockchain actually works. And that's because consensus is the foundation of this entire system, and nothing functions without it.
Let's figure it out. Consensus is essentially a mechanism that allows thousands of independent nodes in the network to agree on which transactions are valid and which are not. Imagine — no central authority, but everyone agrees on the truth. Sounds like a miracle, but that's what makes blockchain revolutionary.
How does this work in practice? There are several proven approaches. The first and mos
ETH-1.92%
View Original
  • Reward
  • Comment
  • Repost
  • Share
Honestly, if you seriously want to understand cryptocurrencies, just watching prices and news isn't enough. You need a solid foundation. I've gone through a lot of materials and noticed that quality books on cryptocurrency really help shift your mindset from short-term speculation to understanding how everything actually works.
I'll start with the classics. Melanie Swan wrote "Blockchain. The Blueprint of a New Economy" — this is not just a technical description, but a philosophical look at how decentralized technologies can change the global financial system. Swan believes that blockchain is
BTC-0.38%
View Original
  • Reward
  • Comment
  • Repost
  • Share
  • Pin