🇸🇻 EL SALVADOR sets NEW RECORDS by INVESTING $ BILLION in #Bitcoin MINING ⛏.  WOW!!
Some countries are not willing to waste time with #BTC!!
https://twitter.com/Techconcatalina/status/1677789721668341760?t=ZvNBXTh0o09HSOsyt7zw_Q&s=19

1. Halvings do not rewrite Bitcoin’s code, they have been in Bitcoin’s code from the beginning.

2. Mining rigs hash block headers, they don’t validate transactions.

We need more #Bitcoin education! Especially for mainstream journalists. These paragraphs are from Bloomberg
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If I had N100000 I would be particularly interested in investing it to grow. I will take such a reflection that I can get good amount of profit from it. First of all before investing I need to understand the volatility of the market otherwise I must face high risk. For a person to increase profits by investing, he needs special experience to make use of that experience to earn from investing. We must be aware of the risks before investing. It is better to invest with less risk if you invest in the first stage and later if you get profit by investing then moderate the amount of risk. And when I get good profit by investing with full experience then I will definitely try to take higher risk where more profit can be achieved. And in this way, if you use your own experience and invest patiently, then it is definitely possible to turn small money into more money through risk.

Titanic 1997 movie
Woo... Best scene  
Rose is looking at Jack's nude art pictures

"It might make sense just to get some in case it catches on. If enough people think the same way, that becomes a self-fulfilling prophesy."
- Satoshi Nakamoto
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A top student in last year, @gerardomoran414 has become an excellent teacher--in fact he now trains his own former teachers!
He is a living example of how #Bitcoin is transforming #ElSalvador for the better and how proof-of-work wins
https://twitter.com/jdennehy_writes/status/1677339836368269313?t=G4cRMLn_JeK2VOtgZd4pLg&s=19

With #Bitcoin, it's possible to take an ownership stake in the entire Internet of Value. 
This was never possible with the Internet of Information.
This is one of the tricky paradigm shifts new investors must wrap their heads around to understand Bitcoin's full magnitude.
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Every Spot ETF in USA is naming Coinbase their custodian, but they only have 446k #bitcoin . This will be fun
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WTF is winning in crypto?
Most think it's about making money but the more important metric is keeping the money you make.
Hitting 100x in a bull run is possible but most lose it all!

So how do you keep it?
By not being a complete wombat with your risk. Time and time again I see people risking 30%+ of their capital on a single sh*tcoin  This is a bad move.
Almost every crypto you invest in could dump to zero quickly. The odds are less likely the bigger the project gets, but it’s not impossible, look at $LUNA.
The smaller a project, the higher the chances it can rug or crash to zero.
So, you need to cap the percentage of your portfolio you risk on any one project based on the risk. This is how I do it.


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Gambling Zone
Mine is simple, I risk 0.1%-3% of my capital on high-risk projects, the dodgier the project, the less the risk. This is the gambling zone.
You might hit a 1000x return here or you might get rugged, who knows
I appreciate that 1% is not worth investing if you only have a $200 portfolio. In that case, the best solution is to keep working and put more money aside so you can have a proper portfolio.

Golden Zone
I risk 3.1%-8% on medium to low-risk projects. This is where most of the money is. Here you can land a 200x return so extra risk is justified.
Obviously, not every project in the golden zone has 200x potential many of them are higher caps and will struggle to do a 20x, let alone 200x, but that is still a great return!
But there will be a handful of medium to low-risk projects that make absurd returns like SOL, AXS and a few others did in 2021!

Safe-ish Zone
Very few projects can be considered safe, the main two are obviously BTC and ETH which is as close as you can get to safe in crypto. The rest are safe-ish, these are projects like $ARB and $BNB.
Safe-ish projects generally won’t give you those insane 200x returns because the caps are far too high.
But the likelihood of them going to zero is very low so they are much safer.

Capital Allocation
As a general rule of thumb, it's okay to risk less than what the zone indicates but never more.
Meaning that with a crypto like ARB, which belongs firmly in the safe-ish zone, it's fine to risk less than 8%, but never more than 20%.
The upper limit of the zone is a firm max, and the lower limit is a loose minimum.
Now, some of you might be thinking, "WTF? 6% of my capital is like $60"...

If You Have A Tiny Portfolio
A lot of knob wombats will tell you to gamble it on shitcoins in the hope of hitting a 1000x but that is complete nonsense.
You may as well play roulette because it has better odds than gambling at the shitcoin casino.
If you have only a few thousand or less the best option is to invest in low-medium risk projects in the golden and safe-ish zones and keep working a real job to slowly and safely build a portfolio.
Once you have more money you can start messing about in the gambling zone.
The point is, you do not want to up your risk a whole lot more to try and make money faster. Risk management is key to long-term success.

How To Decide A Cryptos Risk Level?
I feel like most of you have a good idea of what's low, medium and high risk but if not let me know and I will do a thread on this too!

Total #bitcoin balances on exchanges at its lowest point since March of 2018.

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If you stay at home, you get suffocated. So you need to visit a beautiful place.
@El duderino_ sir, you go to travel, you will find peace in your mind.

Unlocking Bitcoin’s Potential: Santander Report Reveals Lightning Network’s Game-Changing Scalability
In a groundbreaking report released by Santander, one of Spain’s premier financial institutions, the transformative power of Bitcoin’s Lightning Network (LN) is unveiled, offering a solution to the long-standing scalability issues associated with the world’s leading cryptocurrency. This report, accessible to both crypto enthusiasts and the wider public, examines how LN’s decentralized network enables faster and more cost-effective transactions, poised to revolutionize the financial landscape.
Traditionally, Bitcoin has faced criticism due to its limited capacity to handle a significant volume of transactions in a short period. Visa, for instance, can process over 20,000 transactions per second, while Bitcoin’s blockchain lags behind with a mere 5-7 transactions per second. However, Santander’s report sheds light on the Lightning Network’s transformative capabilities, proving that it holds the key to overcoming this limitation.
https://www.google.com/amp/s/thecurrencyanalytics.com/bitcoin/unlocking-bitcoins-potential-santander-report-reveals-lightning-networks-game-changing-scalability-57755.php/amp

Is it irrational to think that the impact of the halving on the BTC/USD exchange rate will actually INCREASE over time?

The change in #BTC issuance decreases with each halving, but the dollarized change in issuance is increasing as BTC's market cap grows.

Rather than thousands of dollars of less daily sell pressure post-halving, there's now millions of dollar of less daily sell pressure post-halving.

Based on the current BTC/USD exchange rate of ~$30,500, when new daily supply drops from 900 BTC to 450 BTC, that's a dollarized decrease of $13,725,000 in potential daily sell pressure from miner.

#Bitcoin DCA'ers are already supporting $30k with current sell pressure. Now imagine when daily sell pressure decreases by $13.7 million.
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OP you saved your friend from such a scam really commendable of you. But I think that if a person made such a promise, we would definitely look at him as a scammer. If a person invests #100,000 in the first week it is never possible to make a profit of #200,000 in the second week. It is not possible to get 100% profit in such a short period of time and if any person makes such a promise then he will surely scam you. There is no way to get such quick profit in a very short period of time so investing requires good knowledge. There are many people who are victims of such scams so they need to gain full knowledge about it otherwise they will lose a huge amount of money in future. OP this is a really good thing you have done for your friend, maybe your friend will take your advice and point in some good direction now.

BitcoinBTC is an age-old idea whose time has come. It is not new. It's just ready! May I introduce to you Nikola Tesla and Henry Ford, the pioneering giants responsible for the original idea for Bitcoin.
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