No one in the right sense of mind would pay that much transaction fee and first of all there is no way that such a higher fee will even reflect as transaction fee.

But it's little disappointing to see the transaction fee getting higher due to congestion and this usually happens during bullrun and this itself kills essence on Bitcoin, what's the point of using it as P2P transfer medium if you are going to pay huge transaction fee. It's more like the rentals of hotels during vacation and festive season.

It's a hard mix of both , as value of fiat is depricating to a small extend as well as commodities increasing and increasing inflation is causing the price of commodities to increase but value of Fiat remains more or less same.

I will give you an example of myself. I have recently started construction of my house and I had got a quote from a building contractor 2 years ago and now the quotation which I got is 55% more than what was quoted  2 years earlier and the reason given was the price of petrol/gas has increased and thus the transportation cost of raw materials have increased. It's a chain process and we can neither beat inflation with our fiat nor cope up with it if we save in fiat hence Bitcoin or stock would be better option here.

We ar contradicting the facts here why would Binance punish citizens of Russia for something done by the regime and I am sure they cannot be so insensible and if businesses and service providers are gonna pull out due to the crimes, invasion and war the there is a country which has invaded 1/4 of world and there would have been no business or service providers in that country.

This is not gonna have any impact of Russian regime and also I have had some Russian counterparts as my client they have their own version of everything, be it social media be it applications or exchanges.

You can never test capitalists as Russia is a huge market for them and they are not gonna let it go just like that.

Hey there are two things we need to consider, obviously there will be fuds everytime even during the peak of bullrun but I suspect there are bigger plan of either inflicting fear in the mind of people as sudden purge cannot be coincidence. Regardless this shouldn't have any impact on Bitcoin or Crypto in general except exchange tokens, it's just a matter of time and few negotiations because out of court settlement is what SEC is currently expecting to fill it's coffer.

This shouldn't be impacting price and also the fear will be vanished as the time goes on. But, we need to learn why suddenly they are going behind exchanges? is it because they miserably failed in creating fear which they tried with ads from banks and ATM asking us not to deal with crypto at certain point.

Yeah this is scary, I was talking to my wife about certain thing on consecutive days and then I see something related to that pops up on my Google Chrome, they even have voice detection I belive and we are being spied upon big time, right from our browsing history to shopping cart to the genre of videos we watch on YouTube until the places we visit.

We need to understand that if we are getting something for free, it mean we are the product and same game is played with us by big companies like Google, Amazon, YouTube, Meta.

Divide it between crypto and other assetts like gold, stocks, etc. When it comes to crypto don't experiment with Altcoins or any exchange tokens like BNB at the moment as situation is very volatile as crypto exchanges are being haunted by SEC. Just wait for a while as price of Bitcoin might go through an correction phase then invest 70% into Bitcoin and the rest between Altcoin, stocks and gold.

Note : Bitcoin would be long term investment, Altcoin can never be long time it would be a short term investment.

I think we are missing out on something which has taken place between CZ and SEC, because I am not in shock because he has charged but rather for the fact he has accepted the crime and it's such a crime which will tarnish his image which he has created all these years. I feel there is some sort of deal which has not come to light, may be between CZ and SEC because we usually don't see any CEO accepting charges against them. Let's wait and see how the story unfolds and if this will have any impact on crypto prices? No it won't but rather on BNB but he stepped down from Binance hence it's saved as well.

This may be stand true for certain countries and but not everywhere and I would give you example of FAANG company (Facebook, Apple, Amazon, Netflix and Google) these are indeed top companies and there are many more like these and you will often find them recruiting candidates or interns from Tier 1 colleges as they already have set an assumption that only student from certain colleges or universities are talented this those who could barely afford education end up getting graduated as it has become basic requirement to land a job, and students from a normal colleges are recruited at the entry level wherein students from top tier colleges are hired for management role.

If the education is scam then it wouldn't be key requirement to get job.

A lot has happened in last couple of days and if you noticed on thing in common which is crypto exchanges being targeted left, right and center and there is one thing which draws correlation to all these hounding activities going on against these exchanges is application for spot ETF as SEC cannot be trusted and doing what they are best at which is deceiving people. Kraken is in soup once again, not sure which exchange will be the next target but it doesn't affect CZ as he still holds large swathes in Binance. We the common people should be more careful than ever and shouldn't fall for the trap.

Anyways CZ stepping down is best for Binance after being involved in such activities.

As far as my understanding Binance doesn't share the data with income tax or any regulator in India but we have seen bank account getting freezed due to some discrepancy in P2P transaction as you don't know if you are exchanging your token for Fiat with a scammer or a trader. My friend's bank account got freezed by cyber crime department stating the sender was part of online scammer.

Yeah in echo your voice about taxing every trade as no one can bear it and it would be end of once theiving Indian crypto exchanges

There was a time people would trade unlimited in CoinDCX, Coinswitch and WazirX but since government started taxing every single trade many of them have migrated to exchanges like Binance, Kucoin and gate.io and even the trading volume from India has reduced greatly because Indian based exchanges had food UI and features like instant conversion from any pair to INR which is something Binance is trying to implement but what about the user database ? Have they stopped trading all together or still using any hack or trick to trade in these taxable exchanges?

Those are the real long term hodlers who have a clear plan in place about when they would like to cash out because it's not easy to hodl Bitcoin for such a long term as a human being we would be tempted to sell of when it hits peak and starts to drop. Either they had even more Bitcoin and they would have segregated certain amount of Bitcoin which they would be hodling for long term and used some for current expenditure or any other needs.

Some would have purchased at really cheap price and would be hodling a portion of it so there are many reasons but most accurate would be that they are more smarter than is and more successful than us.

This is the exact reason what convinced me to get into Bitcoin and crypto a decade ago I remember the video shared by my friend to make me understand why Bitcoin came into existence and how our bank balances are nothing but a digital representation and if everyone wants to withdraw money then they will not have it at a go. Sadistic leaders and corrupt bankers are the one who are controlling our finance, increasing our hardship but still have no shame in passing judgement and negative opinion on Bitcoin.

Appearing this kinda post which most of us will not even be aware as people usually thinks FIAT is the safest savings but this post will clear their misconception.

Very insightful post, especially the one "Invest in what you can afford to lose", this is the factor most of us forgets or ignore due to greed , I have also made this mistake in the past and also once we see market going upwards we don't care about stop loss and neither take profit because of FOMO on possible massive pump but it's usually ends in loss.

Some will say Bitcoin investment will be less risky but during bullrun that's not the case because previous it took almost 4 years to meet the breakeven for those who invested in December 2017. Bullrun can either be blessing or curse depending upon how we plan of investment and trade.

Yeah we cannot expect SEC approval this year and though there are speculations that chances of spot ETF getting approved are higher but still we can never ever trust a banker when it comes to crypto as they will always be against crypto because of conflicting nature of operations between crypto and banks.

As many has mentioned we should be bothered even if this doesn't get approved because this is kust like cherry on toppings as it will have positive impact if get approved and very lesser or no impact if the outcome is negative.

I have gone through the article which you have shared and I am not sure I am missing out on something or else you are referring to the speculation of $0.85 or $0.85 to $1.07 as massive? I have given up on this centralized token long ago and I don't think anyone who is for long time will invest into Ripple due to unlimited supply nature of this coin. Back in 2017/2018 there was a huge hype for this project and apart from the initial bullrun of 2017 we have not seen much movements in the price and even when it happens it's short-lived. I personally feel there are better project to invest than this.

Wrong comparison mate, you cannot just compare the value i think the overachiever status doesn't fit Bitcoin because we are still lagging in terms of adoption as it's been 14 years and how many supermarkets or convenience store accepts Bitcoin in your locality? we have to measure success in terms of adoption and I would like to give the example of Gold and Diamond, we all know that Diamond is much more costlier than gold but still people invest more in gold and they hold more gold than diamond. That's the way we have to look at it and I am a supporter of Bitcoin but we cannot have wrong comparison.

Not completely aligned with your though process, but I agree that most of the people spend more in first 10 days of the month compared to last 20 days but we need to understand that's when people stock up grocery, end up paying all the dues and once they spent the default amount they go on budget mode and buy only things which are only absolutely necessary or what they have missed out to purchase during first ten days and it makes them look like they have per spent. It's a common misconception and I have worked with one of the latest eCommerce company hence I knew how the customer behavioural pattern.

Nah, it's not worth and I don't believe in the concept of these signal and infact I had created some topics in past against the premium signal providers. It's newbie or even seasoned sometime fall for their trick in the greed of quick money but ends up disappointed and I have come across channels promising that we will get our membership fee within one day of trading if that's the case then why not they accept payout once a user earn the amount equals to their membership fee, they indulge into heavy marketing and deceiving practices to pool in users. We should rather learn trading and reading candles and market sentiments though slow and steady it will help on long term.

Yeah Hodling is not easy as it sounds and who can know it better than me wherein I have made mistake of cashing out too often, I have sold BNB when it was $8 and so many other coins which i was hodling. We need to plan long term and short term plan for hodling. I have a suggestion here which helped me as most of us uses same wallet for investment in Binance. I have created accounts at other exchange to ensure that I don't end up selling those coins.