What does the 5 cent k line in a coin mean (5 cent king)

What does the 5 cent k line in a coin mean? Bitcoin has a 4-year development history since its inception, with a 3-month technological development and a historic bull market from February 1, 2013 to October 9, 2019. However, in this year, due to increased market uncertainty, insufficient technical analysis and sluggish trading volume, the price of Ethereum fell by more than 50%, while the price of Bitcoin rose by about 70%. So from the end of 2017 to the beginning of 2020, the price of Bitcoin also reached an unprecedented high. However, in the coming years, as more and more Bitcoin enters the market and its value continues to rise, there will be a new wave of upward trend for Bitcoin. Currently, Bitcoin has exceeded its historical high of $20000 and officially started a bull market in November 2018

Therefore, in the field of Cryptocurrency investment, the concept of the one-fifth K-line is a popular application and one of the concepts that many investors often come across, because they can help people better control risks. For some new entrants, this is a simple way to make a profit, but if you want to achieve high returns but cannot hold coins for a long time, then you need to consider the next opportunity. So what does the pentagram in currency mean

5 cents king

Editor’s note: This article is from Wind and fire wheels Community (ID: FHBT18), and the author is Peipei. Odaily Planet Daily is authorized to reprint it Hello everyone, I am your Pepe. What is the situation with this user named 5 Cent King? I have talked to some big V before and said that he is a wealthy person, but there are still many friends in the coin circle who cannot make money:

1. Investors who have been shouting for 10 times returns and 20% annualized returns since last year; 2. He can earn a return of $200000 in just one point, and he even tweeted to many friends, who were asked if they should buy this product because he thought it was just a joke

3. It’s already June, so if we can do this, it will definitely look better than what we saw last month.

In fact, many people also know that he was an investor in the early stages of a certain project, and his team also had many technical personnel or blockchain practitioners. For example, he founded an exchange platform called BTT himself, and later released a product called “Super Dog” – it allows people to make money through various social groups. This method is really cool, and often leads to market disruption, Basically, new hot topics come out every day. However, at present, he is not very optimistic about the development status of this industry, and it is even very good news for the entire market. Especially before the end of this year, the price of Bitcoin has been declining all the way, with a drop of over 50%. However, due to the continuous increase in its market value, the amount of funds behind it is also gradually decreasing. According to data statistics, as of the end of this year, the price of BTC was around $18500 In addition to the recent popularity of DeFi, the total lock-in value has exceeded $10 billion. Based on the current daily growth rate, this indicator has reached a historical high of $1.5 billion, which means that there may be a significant gap between this data and previous data, so it is difficult to accurately reflect its trend. In addition, according to previous reports of LinkedIn, on May 29, LidoFinance, the ETH2.0 mortgage lending agreement on Ethereum, announced that it would launch the ETH2.0 pledge service Lido. Exchange. LidoFinance is a decentralized automatic market making mechanism that provides trading services for a series of financial products, including Stablecoin. It allows users to participate in exchange, loan and other application scenarios between DeFi protocols, as well as derivative issuance and other businesses without the need for third-party trust. Currently, the liquidity of ETH-USDT on Lido is close to $3 billion

Although Lido has not officially announced the specific operation details, it seems to be a good signal from Linknews. After all, Lido itself is indeed an Ecotype DeFi token, so it can also be used as a tool to attract more high-quality assets into this field, and carry out in-depth packaging to help it achieve a broader application Finally, let me remind you that if you want to become the father of the next generation of public chains,