Japan's July Economic Observer Current Index

Gate.io Startup - Early Access to Promising Blockchain Projects & Get Airdrops

What should you do when circumstances seem to conspire against you? Here's some sage advice from the Wolf of Wall Street himself! 🐺 Ever heard someone exclaim in frustration, "What was I supposed to do in that situation?" This sentiment is all too common. Imagine someone throwing their hands up in the air, sighing deeply, their entire demeanor screaming: "If it weren't for these darn circumstances, I could've achieved wonders! I might have even flown to Mars, reversed the course of rivers, or moved mountains!" But alas, those pesky circumstances always get in the way. 😤🌍 Picture this: a classroom. Teachers can attest to this - no one is more creative than a student scrambling to justify their poor grades, concocting elaborate excuses for why "they studied but somehow didn't learn." Perhaps they desperately wanted to learn, but oh, there was always something else - like helping grandma cross the street or saving the world in their own little ways. If only we could harness this creativity for something more constructive! 📚 Yet, let's not forget: sometimes, the barriers we face are genuinely significant, real obstacles standing in our way. So, what should we do then? Jordan Belfort, the notorious Wolf of Wall Street, offers a golden nugget of wisdom. He believes the secret of successful people lies in their response to unsatisfactory circumstances: "If they don't like the circumstances, they just change them." 🚀 It's an empowering approach! Don't like something? Change it. Don't settle for excuses. Step out from the shadows into the light. Open a door, carve a window, or light a lantern - whatever it takes. Belfort asserts, "Successful people are utterly convinced that they control their destiny. They don't see themselves as victims of circumstances; they're the architects of their own fate." 🌟 So, if you find yourself battling against the odds, it's time to swap them out for something more favorable. Here's a simple yet effective strategy to try... continued on our Telegram channel #market life

🚨 Five common trading mistakes you need to avoid ⬇️

What Is DeFi Yield Farming? Yield farming allows users to earn cryptocurrency rewards for locking up their assets in yield-bearing pools. There are various opportunities to yield farm, including liquidity pools, staking, and lending protocols. What they all have in common is that they generate a return for the user in exchange for putting this user’s fund to work. It's common for yield farmers to use protocols that maximize their returns, known as yield optimizers. Yield farmers will also move their funds around, looking for the best returns available in the market. As DeFi grew more popular, many protocols began offering higher rewards as incentives for stakers. This, however, often resulted in unnaturally high and unsustainable APYs, some even over 1000%. Once these APYs dropped as a result of the project's treasuries dwindling, token prices would often plummet as users rushed to sell off the farmed token. Demand for such tokens, it turned out, was supported by emissions rather than their utility. With high APYs abundant in the DeFi space, how does one estimate the true value of projects and their interest-generating potential? One option is to look at a project's crypto real yield. Real and Sustainable Yield vs Dilutionary Emissions When we describe yield as being “real,” what we are talking about is its sustainability. If the project’s revenues cover the amount of tokens distributed to stakers, its own funds aren’t being drained. Theoretically, the project could maintain the same APY in real terms indefinitely if the revenues remain the same. However, it’s also common to see dilutionary emissions – a scenario when a project distributes APY in a way that is unsustainable in the long run, most commonly by depleting its treasury. Should the project’s revenue not increase, it will be impossible to maintain the same level of APY. Such APY is often distributed in the project’s native token, as a large supply of it is readily available. Stakers might also be farming these tokens and selling them on the open market, thus reducing their price. This can cause a vicious circle where more native tokens have to be given out to offer the same APY, which depletes the treasury even quicker. Note that while “real yield” is preferably given out in blue-chip tokens, a project distributing its native token could also do so in a sustainable way.#ContentStar

📈 Basic and Most Common TradingView Indicators: A Beginner's Guide 📊 Volume: The volume indicator reflects the total number of assets traded within a certain timeframe. ✅ When volume aligns with price movement, it serves as a nod to trend confirmation. It's also worth exploring volume divergence. 📈 An uptick in volume alongside a price increase solidifies the robustness of an upward trend. Conversely, a volume decrease when the price is rising might hint at trend fragility, potentially signaling a reversal. 📉 Conversely, rising volumes during a price dip could signal increasing asset interest, suggesting a possible future price surge. 📉 MACD (Moving Average Convergence Divergence): The MACD is crafted from the divergence between two exponential moving averages (EMA), offering insights into trend strength and direction shifts. 🔍 MACD signals emerge from the interplay between the signal line (a smoothed EMA) and a histogram showcasing the EMA differences. 🔍VPVR (Volume Profile Visible Range): The VPVR outlines a vertical volume profile for the visible range, pinpointing the zones of highest trading activity within a specific price corridor. 🏛 High VPVR peaks can act as critical support or resistance levels, marking areas of significant trade volume. 📈 RSI (Relative Strength Index): The RSI gauges price momentum over a predetermined period, aiding in identifying when an asset is overbought or oversold. 🔄 With its scale ranging from 0 to 100, readings above 70 suggest overbought conditions, while those below 30 indicate oversold statuses. 🔥 Leveraging these indicators together offers traders invaluable insights for crafting entry or exit strategies. 🧐 Remember, contextualizing and interrelating various indicators are key to a more nuanced market analysis. #trading