Beginner’s Guide To 2024: How To Avoid Losing Crypto Investments

Managing the growing interest in cryptocurrencies this year requires a smart strategy. The 2024 bull market attracted many people to this fast-moving market. For beginners, knowing the steps to secure an investment is very important. This guide provides important tips on how to effectively manage your crypto assets and avoid common pitfalls that can lead to losses. With the latest trends in mind, we aim to help anyone looking to maintain and grow their investment in the fast-growing cryptocurrency environment.

BlastUP Presale: A Metric for Predictability in a Volatile Crypto Space

Presale tokens are not subject to wild market fluctuations as their price is fixed at a certain level. Predictability is one of the main benefits of presale projects like BlastUP.

BlastUP is Blast’s first launchpad and the only layer 2 native yield solution for ETH and stablecoins. In just a few weeks of presale, the platform has raised nearly $6 million. This speaks to the platform’s wide recognition among smart investors.

BlastUP token pre-sale is underway. It provides a good opportunity to invest in promising assets at low prices.

Anyone who purchases BlastUP tokens at this point will receive exclusive access to an airdrop that will distribute a portion of free tokens. You can also receive additional rewards by staking.

BlastUP is committed to fostering a robust Blast ecosystem community where everyone benefits from each other’s growth. With ambitious plans to combine AI and Web3 tools, BlastUP aims to create a truly valuable and secure environment for launching DApps smoothly.

BlastUP is on the rise, empowering crypto startups with a community-first atmosphere and innovation. It’s quickly becoming the center of the Blast ecosystem, and has big plans until 2026.

Experience of Ethereum price fluctuations during market shifts

Ethereum, the second largest virtual currency, is currently trading between $2,874.40 and $3,345.18. Reflecting recent market movements, the price has decreased slightly by 0.50% over the past week. Compared to the previous month, ETH recorded a decline of 13.08%. However, if we look at the past six months, the coin is up 41.63%, showing resilience. Ethereum has been struggling to maintain its position, with an RSI of 41.61, suggesting it may be slightly oversold. The current move appears to be corrective, as the coin is below both the 10-day simple moving average ($3,010.09) and the 100-day simple moving average ($3,089.85), consolidating ahead of a significant price move. suggests the possibility of With resistance and support levels at $3,551.43/$2,609.85 and secondary levels at $4,022.22/$2,139.06, investors are waiting for a possible breakout or further correction.

Solana Price Trend: A Look at Future Performance

Solana has seen a notable increase of 223.01% over the past six months, despite a recent decline of 18.52% this month. Last week, its value increased by 15.27% and currently he is between $126.76 and $157.10. The coin shows the possibility of reaching the next resistance level at $168.33, but if the trend reverses, it could turn back and find support at $107.65. The move appears to be corrective, suggesting consolidation after a period of significant gains. Indicators (RSI and stochastics) suggest neutral momentum, but negative values ​​for MACD indicate a possible slowing of the upward move. Overall, it looks like Solana will continue to adjust before attempting to break through the resistance level.

Arbitrum Price History and Future Outlook

Over the past week, Arbitrum (ARB) price increased slightly by 1.12%. In the past month, the price has decreased by 32.39% and in the past 6 months, it has decreased by 14.38%. The current price range is between $0.99 and $1.13, with resistance and support levels at $1.19 and $0.91 respectively. With the Relative Strength Index (RSI) at 49.56 and the MACD level close to zero, the price movement is neither overly strong nor weak. The coin is currently in a phase that either indicates an uptick or reflects market caution.

Conclusion

When making investment decisions, many people turn to established coins such as ETH and SOL, or emerging coins such as ARB. Although these offer value, the short-term profit potential is often not that impressive. Of note is BlastUP, a promising newcomer. Within the thriving Blast ecosystem, BlastUP stands out with its innovative concept and attracts great attention. This move suggests that BlastUP has the highest growth potential in the near future. Smart investors may want to watch this project closely as the current bull market unfolds.