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1341  Economy / Economics / Re: Is risky to invest this period on: June 08, 2023, 06:06:18 AM
Everybody who started investing in Bitcoin for like 6 years ago now, will tell you that the example you gave is nothing if there is a pump in the price of Bitcoin. It is always risky to invest, one just had to take a leap and invest any amount you will be okay with for a start.

You are correct in your statement that anyone who invested in Bitcoin six years ago or earlier has seen substantial  profit , and early birds who who invested a decade ago, have reaped significant benefits from their wise investment decision. These observations indicate that it is never too late to invest in Bitcoin, but prior to making investment decision, it is advisable to understand its fundamental characteristic, historical trends and its market dynamics. Furthermore, carefully evaluate your risk tolerance level before engaging in any kind of investment.
1342  Economy / Economics / Re: Is risky to invest this period on: June 07, 2023, 03:51:05 PM
From the look of things bitcoin price will not come up soon, I guess is better to hold on till when it will show strong signal before putting in money again to escape losses and people who their investment is long over due are already victims of the Price dropping. We should try to be careful this period that bitcoin has not direction. Imagine a friend investment $2000 but what is currently left in his wallet is $400, and the deep is still bearing down the nuds.

Hold on, but if you must buy now be wise to use spare income.

It may not be the right time to take entry in  crypto market, as it is passing through difficult times these days due to recent allegation made by SEC against Binance for violating rules and regulations in USA. This unfortunate incident has increased the risk level  Binance accused by SEC for violating rules and regulations in USA. This unfortunate event has increased the risk level in crypto market as Binance and USA is a leading economy of the world. The potential departure of Binance from such a crucial market could give rise to liquidity problem in the short to medium term. Therefore, it may be prudent to wait for the return of stability in the market before making any investment decision.
1343  Economy / Economics / Re: Binance crisis - how will it affect the crypto market? on: June 07, 2023, 10:33:34 AM
some people take this moment to buy BNB because they are very good at taking advantage of the news. well unfortunately this is just momentum, for those who have bought but they hold it for a long time I think they will actually spend their own assets. As for how Binance will go forward, I don't think I can say for sure whether Binance will lose to this rumor or will actually make Binance rise in the future.

In the light  of current lawsuit brought by SEC against Binance, it to important to recognize that these allegation of violating the rules are serious. Consequently, it would be highly risk to invest in BNB coin at this stage. As resolution of this dispute remains uncertain and it might take long time before final verdict reached. Therefore, individuals welling to buy BNB, coin should carefully evaluate their risk tolerance level, as well as safeguard your investment by using stop-loss.
1344  Economy / Speculation / Re: Buy the DIP, and HODL! on: June 07, 2023, 04:30:32 AM
There are really Bitcoiners who bought Bitcoin at $40k and some even above that, but most of them are still holding despite the fact that the market is still bearish. So, if you think you are at a loss because of the market, remember that there are also a lot of Bitcoiners who may have bought at a higher price than you did. Bitcoin investment is mostly long-term and not just what you will buy this month and expect to make profit the next month. If you want to make a profit in Bitcoin, then you should be ready to hold until the price becomes bullish again, because as long as you hold onto your Bitcoin and never sell it at a cheap price, you have not lost anything.

You made a valid point that, for Bitcoin investors, it is very important to understand that this market is very volatile and like other markets it also goes through bull and bear cycles and it is very challenging to predict the duration of these cycles . The other significant factor is our belief in potential of Bitcoin to thrive overtime. This belief greatly influences the success of our investment in the long term.
1345  Economy / Economics / Re: Binance crisis - how will it affect the crypto market? on: June 06, 2023, 06:30:44 PM
- The SEC has sued Binance and Changpeng Zhao. The Securities and Exchange Commission (SEC) sued bitcoin exchange Binance and its CEO Changpeng Zhao.
These and many other negative news stories, about the world's largest exchange, have been in the air for months. Question:
- What will the problems of Binance lead to for crypto market and crypto users?

While the allegations of violating the rules are quite serious and weighty against Binance and its founder CZ (Changpeng Zhao). Nevertheless, it is important to recognize that Binance is a leading crypto currencies exchange with robust and professional legal team. They will certainly take all necessary measures to defend their position effectively in the court and do all what they can to survive this crisis. I am optimistic that the outcome of this lawsuit will be in favor of Binance , as potential closure of their business in USA will have far reaching consequences, not only Binance but  for the entire crypto currencies market.
1346  Economy / Services / Re: Utopia P2P - New ChatGPT Asst. & Web Proxy 💎| Signature + Chat Campaign | Sr+ on: June 06, 2023, 04:46:50 PM
TX ID for week 1, thank you for waiting.

Thanks for prompt payment.

1347  Economy / Speculation / Re: Buy the DIP, and HODL! on: June 06, 2023, 08:25:11 AM
Today the market speaks. The market is still very vulnerable to issues of negative sentiment and FUD. Maybe every perspective is different in understanding the basic principles and dynamics of the market well. Our goals here may all be the same, only the means of delivery may differ in learning and developing a thorough understanding of Bitcoin, which in turn forms confidence in the cryptocurrency. Yes. it's normal and I really appreciate it. Thanks for the advice and opinion.

The recent SEC action against Binance which triggered panic selling and a significant drop in Bitcoin with price decreased more than $1500 in a single session. It is likely that Bitcoin market will continue facing such volatility in coming weeks and months, as this is how Bitcoin market has been behaving historically which is its inherent characteristic. However, as long term investors, we should not overly concerned about such negative development and remain committed to our long term strategy.
1348  Economy / Speculation / Re: Buy the DIP, and HODL! on: June 06, 2023, 04:27:10 AM
Also, I doubt anyone just achieves "extensive knowledge" without a lot of practice and making improvements along the way, so likely each and everyone of us start out as being pretty dumb in a lot of ways, and there are ways that some people learn more along the way as compared with others and some people are also persistent in their various ways of pursuing knowledge and attempting to actually apply that knowledge to the real world - rather than ongoingly speculating about various fantasy worlds.

Appreciate your comment that understanding the importance of applying knowledge  is crucial in real life situations. Simply acquisition of knowledge without any intention or desire doesn't helps or serves and purpose for the society. True knowledge extends beyond theories and hypothesis scenarios. Genuine learning comes from actively engaging with people and apply your knowledge to solve the problem what society is facing.

The same principle can be applied to Bitcoin investment by utilizing our learning for making informed decision, which can lead to financial stability in our life.
1349  Economy / Economics / Re: How to increase profit in business on: June 05, 2023, 03:21:20 PM
At present all companies already have sufficient employees for all the purposes they carry out, but to increase profits I think the products they issue must have a difference that can attract use among the public, and we also have to make a special offer so that buyers can enjoy our products so that we will have more and more customers and the profits we get will of course also increase, and at this time we can see very many large companies that always have special offers that can be accepted by the public.

You are right that during the ongoing crisis, economic challenges are very tough, and it has become hard for the companies to maintain their headcounts. Consequently, some large companies are considering downsizing to reduce their expenses. Therefore, to survive in the market, companies have to find innovative ways for the continuity of their business. One effective approach could be to focus on providing better quality of products/services at competitive price.
1350  Economy / Economics / Re: How to increase profit in business on: June 05, 2023, 10:13:00 AM
Please feel free to drop your own ideas on how to increase profit in businesses.


Thanks for sharing your valuable experience to increase profit in business. Your strategies to offer discounts, rewards and stocking diverse brands of goods are certainly effective and produce good results. Additionally, focus on operation efficiency to reduce cost, trains your team  to identify opportunities for up-selling and cross selling as well as invest in marketing and advertising your products and services, which will potentially boost your sale revenue and ultimately result in increased profit.
1351  Economy / Speculation / Re: Buy the DIP, and HODL! on: June 05, 2023, 03:50:05 AM

I don't need any particular technique for your Bitcoin holders just store it in a hardware wallet and it's safe and no one will reach it individually, no need to worry about tracking the flow of funds because we haven't committed a crime so what is there to be afraid of?

You are absolutely right in stating that investing in Bitcoin is not inherently illegal. However, it is  unfortunate that in some parts of the world, investing/trading in crypto currencies is considered illegal, which is seen as unfair fair and against the interest of general public. In this situation, safeguarding privacy of investment is crucial to avoid any unforeseen circumstances.

It is essential for all of  us to persistently raise our voices on all available platforms to advocate the regulation of Bitcoin. This concentrated effort can build pressure on legislators to address this long standing issue that affects many.
1352  Economy / Economics / Re: UAE is the biggest gold buyer of Russia during this war on: June 04, 2023, 12:33:50 PM

At a time when most countries are devastated by the war, some countries take advantage of the opportunity to acquire huge wealth. But if the poor countries go to buy something, they are harassed and banned in various restrictions. Don't you think this policy is cruel to poor countries?

It is common that during the period of economic uncertainty and regional conflicts, individuals and countries buy Gold as it is considered best hedge against inflation. The other reason of buying Gold is that  many countries are reducing their dependence on US dollar and diversifying their reserves with Gold and other prominent currencies including Euro and Chinese Yuan.
As far sanctions on trade with Russia are concerned, I think there are many countries involved in buying Russian oil and goods including UAE(United Arab Emirates) despite these measures, which raises question about their effectiveness and discriminatory behaviors of those responsible to implementing them.
1353  Bitcoin / Bitcoin Discussion / Re: Can you give one reason why I should buy bitcoin? on: June 04, 2023, 01:39:12 AM
Of course there are many advantages of bitcoin over fiat, but it has a different purpose to buy bitcoin. Some people only use it as a payment alternative, while others make it an investment and trading asset. Simply put bitcoin is a great currency or investment asset, not just fiat and other investment assets where decentralization is one of the things that makes user feel like he has bank in his hands.

You are correct that Bitcoin has several advantages over other traditional  fiat currencies, and one of them being cross border transaction fee which is much lower compared to using traditional banking channels for this purpose. In my view the key advantage of investing in Bitcoin and holding it for long term, is its unmatched returns which is evident from its track record of past 15 years since its inception, despite the fact that it is highly volatile asset.
1354  Economy / Speculation / Re: Buy the DIP, and HODL! on: June 03, 2023, 03:31:00 PM
The precious thing about bitcoin is that even if you hold a billion dollars worth of Bitcoin, no one will know crap about it since Bitcoin is highly private and untraceable unless the holder exposed his ownership of the wallet holding the Bitcoin.

You are correct that privacy feature of Bitcoin is important for those individuals who never want to disclose their identity, but as we are all aware of the fact that all transactions are recorded in cryptographic addresses rather than with real names on public ledger (bloc chain), which is visible to any person. I think by employing certain techniques, it is possible to analyze block chain and potentially trace the flow of funds, and reach the individuals or entities involved in transactions.

1355  Economy / Economics / Re: Money is never enough! on: June 03, 2023, 09:08:07 AM
Think of when you hit a jackpot, and some cool cash slide into your pocket, you feels better and step up some pride and involved arrogance, you feel like you can buy the world with your peanuts lol, bro, I little shopping out of it can makes you look like a poor man again. There is this oil dealer guy in my community who happen to be hot market pro in the oil industry, he owns an oil well but this guy it gets to his head and start contesting for political power which he has lose twice now and the worst of it now is that the oil well is dried because suck the money into politics, loss everything. This money is never really enough, no wonder even the President of nations still fights to get money after office.

Ii is natural and common feeling that money is never enough, and we continue to desire more money. However, money can often lead to sense of pride and arrogance but it differs from person to person, depending on their values, beliefs and character. I have witnessed many individuals who use their money for supporting those who badly need it. Engaging in charitable acts can bring a sense of real happiness and fulfillment. However, it is also true that some people start feeling that they can buy the world and develop sense of superiority. In summary, we need to understand that money alone can not solve all problems and guarantee ever lasting happiness. True happiness comes from sense of purpose and meaningful relationship.
1356  Economy / Economics / Re: The Role of Education in Financial Literacy on: June 03, 2023, 04:38:55 AM
People say education is not important for your success but they forget this fact that its not all about success education is important for your self growth and grooming  it helps you to widen your mindset and thinking and teaches you about different techniques that can be used in different parts of life .
So for financial literacy education is extremely important to get the best of everything.

Well said. Indeed, the purpose of education is much larger than achieving merely financial goals. It empowers us with knowledge and skills to develop better perspectives and enhance overall understanding of the world and be a humble and kind human being to make positive contribution for the society. In summary, education shapes individuals who not only achieve financial success, but also embody qualities of empathy, humility and kindness.
1357  Economy / Economics / Re: The Role of Education in Financial Literacy on: June 02, 2023, 03:39:28 PM
How to Equip Yourself with Essential Knowledge to Succeed in the World of Cryptocurrency

Your opening post is on a very interesting and important topic which is also being debated worldwide. In my opinion role of education is vital for shaping up individual's Learning fundamental theoretical principles plays crucial role to understand underlying concepts and enable us to implement them effectively in real life.  However, practical on hand Experience is equally important to apply your learning to achieve tangible and realistic results.  
1358  Economy / Speculation / Re: Bitcoin is improving I guess? on: June 02, 2023, 10:14:03 AM
We are more likely to experience better end of the year, as of last two weeks Bitcoin was $23,000 but I can see some impressive changes hopefully the ends or mid of the year will make significant changes in price. Though am not excited much because  even if it pumps I might not enjoy the fat price, I bought when the price is high but now you will pity my wallet. Anyway we're sure of better 2023.

It appears like you are referring to positive change in Bitcoin price and potential for further increase in coming weeks and months. I think in year 2022 when Bitcoin price hit around $15,000, many analysts were predicting its price to fall below 10,000, however fortunately these prediction didn't come true.. Since beginning of year 2023, Bitcoin market has demonstrated remarkable  performance and Bitcoin is now trading around $27,000. I believe declining trend in CPI (consumer price index) was the major contributing factor behind reversal of trend.
1359  Economy / Economics / Re: Will chatgpt really destroy the job market? on: June 02, 2023, 04:33:31 AM
I don't think chatgbt can destroy the job market itself. Because after all, it's just like Google search where you can ask what you want and it will give you options to answer your question.

But it can be the reason for other people's unemployment. That is seen, but not in the job market itself. But it cannot be denied that today's chatgpt helps us people in many ways. However, if this is adopted by some companies worldwide, the popularity of the chatgpt will surely spread quickly.

It is true that ChatGPT won't destroy the job market directly, but adoption of such technologies can lead to some roles displacement. For instance, customer service representatives and content writers may be affected, if companies start relying heavily on bots like ChatGPT to interact with  customers and generate contents. In summary, the overall impact technology is positive as it helps spreads knowledge which can be used to improve productivity and foster creativity.
1360  Local / Other languages/locations / Re: Pakistan on: June 01, 2023, 05:05:57 PM
yahan se qeemat ooper jany ky chances bahot zyada hain magr kai martaba s support ko touch bhi kia hai,yahni s support ko thorny ki koshish ki hai magar abhi tak support ko thora nai hai .ap logon k kayal main yahan entry banti hai k nai.ya mazeed intezaar kiya jay k kahen break down na ho jay.ap logon ki kia rahy hai?

Brother, Bitcoin ki movement es waqt sideway hee kah sakty han ku k 28k se oper price sustain nhi ker pa raha Hong Kong event ki waja se thori move aai thi mgr woh bht hee short-lived thi or aaj subh Bitcoin phir 27k se neechy trade ho raha tha. Kuch market mein gate.io ka fud bi chal reha ha jis k collapse hony ki market mein rumour chal rehi ha. AI k coins mein kuch achi buying hoi ha jasa k GRT or AGIX or mere khayal mein KEY, CFX or VET mein aany walon dino mein achi buying aa sakti ha agr Hong Kong mein bullish sentiment sustain kerta ha. Kisi bi coin/token mein investment kerny se phele apni financial situation or risk tolerance ko zarur dhyan mein rekhin.
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