A few of my friends are struggling to get a job. They are in their mid-lives and the country they live in is particularly difficult to find a job at a certain age. Also, when some recovery was being noticed after the 2008 - 2012 crisis, COVID struck hard on an economy with a strong tourism sector. Meanwhile, I made some choices that landed me an stable and reasonably paid job that also leaves enough time to do other stuff that generates income or reduces my costs if I wish to do so.
What is the situation in your country and for yourself? Would you be able to land additional work for example working with crypto, selling stuff on-line, youtubing or something else?
I believe that the situation in the world is more or less similar in terms of work and making money. In larger countries, the situation may be a little better, but in general, many people, especially young people, need a good job, or at least additional work. Personally, I previously worked in different jobs and eventually switched to remote work. To some extent, this is better than I had before, but as before, there is no stability. In simple words, if you want to make money all the time, you need to work hard. In general, nothing has changed, but new opportunities have appeared for me and I am now using them. |
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For some time now I have constantly come across prominent individuals in society sponsoring hate speech against Bitcoin, most surprisedly These individuals either own traditional financial platforms such as banks and they are expected to be knowledgeable in investment and financial transactions and processes that seek to eliminate all the security challenges faced in the banking system through blockchain technology which give end-to-end encryption that guarantees a high level of security.
What are their motives could it be that they are just anti Bitcoin or attacking Bitcoin because it is a competitor that will soon push them out of business.
It is likely that people who speak badly about Bitcoin do not want it to become a means of preserving and increasing wealth, as well as not being used as a means of payment. All this because BTC can harm their business or system and become a big competitor for them. BTC is like a counterweight to the current financial system, which means it is bad for people working for the system. For me personally, BTC is new opportunities for obtaining wealth and improving the quality of life, and therefore I am for BTC. |
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Based on what I noticed this bull run, the majority of the coins that have a good pump this season are those that are listed in Binance, so I come to the conclusion that we should only invest in coins that are listed in this exchange for us to have a chance to maximize our profit.
What's your take on this, am I right or wrong?
Share your opinion.
You know, at one time, I thought that if a coin or token is listed on Binance, then their price will surely rise and this is a coin or token with excellent potential. However, as time went on, my opinion changed. This is due to the fact that now, even though Binance is the largest crypto exchange in the world, the appearance of new cryptocurrencies there cannot guarantee that this or so cryptocurrency has excellent potential, since it may just be hype cryptocurrencies, which, after listing on Binance, first will grow, and after their price will fall and no longer rise. Still, the listing of coins on Binance is a positive signal for this coin and there is a chance that it will turn out to be a prospect with great potential. |
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Do you guys think one day USA may ban cryptocurrencies? If yes what would happen? I think it's not totally impossible and that would be a global crash on prices.
I believe that if the US prohibits cryptocurrency, then this will greatly affect its price. It is likely that the prices of cryptocurrencies will fall very much and many investors will lose funds. At the moment, of course, this is unlikely, however, it is not necessary to exclude such an option, since we cannot know 100% what is happening in the minds of influential persons. In this regard, it is necessary to devote more time to studying information on the market in order to be ready in the event of such a situation. |
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At the moment, I still do not have enough experience to create investment strategies for myself. But I am learning and sometimes I try to come up with something. Recently, I just accumulate different cryptocurrencies and wait for them to rise in price and then sell them to get profit. But unfortunately, this strategy of mine does not always work, since I constantly need money to live and I take it from earning on cryptocurrency. As a result, very often I sell cryptocurrency before it starts to grow and bring good profit.
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As far as I know, BTC and a number of other cryptocurrencies are now used mainly as a means of saving and increasing their money. That is, people buy BTC in order to sell it in the future and make more money. As for the gold standard and the use of BTC for payments around the world, it is too early to talk about it. The fact is that BTC as a gold standard must first be recognized by someone, and this requires legal grounds, without this word remain just words. As for the use of BTC for payment, there are also problems here, since at the moment these services, if any, are in small quantities. So I think BTC needs a little more time so that it could even more gain a foothold in our real world and then it will probably be able to become more than just a cryptocurrency.
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Proof of authentication - BSC: 0x30798fA44b16cFB5fe88c26B62d8441EEF77Ed53 - Email: vovchik383@gmail.com- Campaigns applied for: Content creation, Twitter, Facebook, Reddit |
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With the increasing influence of Bitcoin in the world, more and more people are supporting and approving Bitcoin. Few mainstream media can directly say that Bitcoin is a scam. However, there are still many opinions saying that Bitcoin is a bubble, and this bubble will eventually burst. Many mainstream economists hold this view. They always oppose Bitcoin for different reasons. Economists are scholars who study economics. They have knowledge and social status far beyond ordinary people. Logically speaking, they should be more able to see the value contained in Bitcoin. Why are some economists always opposed to Bitcoin?
In my opinion, this is determined by the interests they represent. Many economists currently do not live independently. They need to depend on the government to survive. They need to help the government formulate various economic policies, financial policies, and monetary policies, so their starting point and interests must represent the government's will and interests. Therefore, in their world, the status of legal tender must be the most important and correct. On the contrary, they have forgotten the demands of the people and the interests of the people. Bitcoin stands on the side of the people, allowing the people to obtain their own asset freedom, and naturally stands on the opposite side of some economists.
This is my point of view, what do you think of this?
Yes, you are right, economists are against BTC as they are an element of another financial system, namely the dollar one. And in more detail, economists are part of the banking system, and BTC is part of the digital one, and at the moment there is a struggle for power between them, at least in the United States. This is why we can observe such a behavior of economists and others towards BTC and the entire crypto industry. |
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I analyzed the capabilities of the Tron coin and I believe that by the end of 2021 the price has a great chance to rise above $ 0.15 for 1TRX. The reason is that now, with a high probability, the crypto market has entered the next, second this year, growth phase. This means that prices for top altcoins, and Tron is a top cryptocurrency, and that means its price will definitely show growth. This is also indicated by the fact that in the first phase of growth, the TRX price failed to show good growth, which means that in the second phase, the probability of growth increases.
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As the title says, does it happen with you as well? Or just it has been happening with me? Not most of the time, but every time it has been happening with me. Although I sold my holding in profits somehow after sold it start to pump more and more. It's not happening with altcoin only. It's happening also in the Bitcoin trade. I do not regret but it's somehow surprising to me. Either I don't have enough patience or I don't have enough experience.
Does it happen with you? Or just it's happening with me?
Oh yes, you are not alone. In my practice of using cryptocurrencies, such events very often occur. And yes, it is so offensive when you sold one or another cryptocurrency and its price then begins to actively grow. I do not believe that this comes from a lack of experience, in my case it is probably due to the urgent need to make a profit, since I earn this for my life and, as it were, I have no other source of income. So it turns out that I often sell, losing even more profit. But you are right, you probably just need to rejoice at the profit made and hope to get even more new one. |
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It is probably worth admitting that most of the negative or bad news and statements about third-party cryptocurrencies are fiction. On the one hand, this is good, since there is still no influence on cryptocurrencies or it is not strong, and on the other hand, it is bad because it confuses many investors. There is a version that in the USA there is now a struggle between bankers and digital specialists, and probably such news is part of this struggle. But still, no matter how it was in reality, it is likely that sooner or later the owners of cryptocurrencies can be forced to pay taxes, if, of course, everyone wants cryptocurrencies to be accepted all over the world.
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At the moment, the value of BTC is growing and this is primarily due to the fact that its price is growing and makes it possible to earn good money. There is also information that BTC is already accepted for payment in some stores. At the moment, all this contributes to the growth of the value of BTC, but it is difficult to say how things will look in the future. One of the options is the opinion that BTC can become digital gold and it will be used as a means to store your funds and increase them. Then the value of BTC will probably continue to grow and its price will be able to increase several times.
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