Pension funds typically provide investment options such as shares, property, cash and bonds.
1. Is Bitcoin likely to join the mix in the future?
2. Why is gold not usually available as an investment option for pension funds?
I believe that US pension funds have large savings and if the dollar continues to depreciate, then these funds will lose all their funds. I don’t think they don’t think about how to save their funds and probably they have been investing for a long time or some of them in different directions. The question is, are they investing in BTC or are they going to do it? But what if the price of BTC was deliberately lowered to attract the attention of pension funds and other funds? So what! First, they showed how the price of BTC is growing, then, as it were, they scammed the price to hint they say, come in while there is an opportunity. Thus, drawing more and more money into BTC.
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What the heck is happening ? The market looks to greenish today im currently seeing some big green candles on BTC and other coins charts, are the bulls back or what? I think they are playing with us. Yes, I also drew attention to the fact that there are buying and the market has turned green, but not enough to say that the bulls have returned. Perhaps it is right now that large players are buying cryptocurrency, or perhaps this is an emitting. Now it is difficult to say something since the crypto market is highly manipulative and this is what confuses. Personally, I am cautiously waiting for what will happen next, as anything can happen. I think we need to wait and watch for a while.
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^^ Like that title says. I want to know more about what you guys in Altcoin Discussion think about NFTs?
Do you have any overall thoughts or even any NFT projects you like? lmk
I recently got acquainted with projects that work on the NFT market. At the moment it is difficult for me to say which of the projects I like more, however, I believe that the possibilities of NFT are great and may well become a new trend direction in the market. I am confident that NFTs will be able to breathe new air into the community and a number of industries and will contribute to the emergence of new and better opportunities for the development of digital assets. Now I take part in several projects with NFT and I think in the near future I will be able to answer which one I like the most, but now I can say that for me all projects with NFT are attractive because each of them has its own value.
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It's great that you were able to share a number of great solutions for dealing with bear markets, but for some people, a bear market for cryptocurrencies is a great opportunity to make money. I think that in this case traders or those who play to lower the price win. In any case, there are always those who better refrain from trading in a bear market, and there are those who can profit from any situation. Here, what kind of experience you have and how you can apply it in a given situation already plays a role. I’m a bull market or a bear market, I’m still trying to make money on cryptocurrencies.
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So this makes it the largest loss of bitcoin under such circumstances when you consider the contemporary value of the coins lost. The exchange, Africrypt, told investors they were the victim of a hack and not to alert the authorities, you know, cuz that's super legitimate. Some law firm attempting to investigate have tracked the stolen coins to tumblers and mixers to try and obscure where the stolen bitcoin was going. I guess it remains to be determined if they were actually hacked or stole the money themselves, but the two founding brothers can't be found. From Endgadget: Cryptocurrency investors in South Africa may have lost nearly $3.6 billion in Bitcoin following the disappearance of two brothers associated with one of the country’s largest cryptocurrency exchanges. According to Bloomberg, a law firm in Cape Town says it can’t locate Ameer and Raees Cajee, the founders of Africrypt. In April, the exchange told its investors it was the victim of a hack and asked them not to report the incident to the authorities on account it would “slow down” the process of recovering their missing money.
Some of those involved in the exchange hired Hanekom Attorneys, the law firm that said it couldn’t find the two brothers, to investigate the incident. It found that someone had withdrawn Africrypt’s pooled funds from the local accounts and client wallets where the coins were stored originally and put them through tumblers and mixers, making it difficult (though not impossible) to trace the money. “Africrypt employees lost access to the back-end platforms seven days before the alleged hack,” the law firm told Bloomberg. The outlet attempted to call both Cajee brothers multiple times only to get their voicemail each time.
Complicating any recovery attempt is that South Africa’s Finance Sector Conduct Authority can’t launch a formal investigation into the incident because cryptocurrency isn’t legally considered a financial product in the country. If no one can recover the money, it will go down as the largest cryptocurrency loss in history, easily overshadowing the approximately $200 million CAD that disappeared when the founder of Canada’s QuadrigaCX exchange died while travelling in India. While this is bad news for the crypto industry, it is nothing unusual about it. Is this the first time this is happening? Not! Well, since such cases have already happened, it means they will continue, it's another matter that there are no tools to solve this problem. Of course, all this is related to anonymity, etc., but the fact of the matter is that if you want to have protection and a guarantee, then you need to choose sites with work experience and proven organizers, and then this also does not 100% grant you the preservation of your funds. Moreover, we are talking about BTC, which means that someone just decided to withdraw these funds for themselves. We are unlikely to find out who did this, but we always need to know and remember that this can happen with any crypto exchange.
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Since BTC and crypto everyone wants to get rich and earn a lot of $. Everywhere you look it's the same story, be it BTC or any other shitcoin. It's obvious not everyone will make it.
Yeah, getting rich is nice and I also hope it will happen for myself but I feel the society is becoming way too materialistic. Also the greediness level seems very high, everyone want to get more and more.
What's your view on this?
I believe that with the arrival of BTC and other cryptocurrencies on the market, nothing has changed much with people. Even before BTC and crypto, people also sought to make money and become rich, they just used other tools to achieve their goal. For example, such directions as MLM or HYIP. They also collected a lot of money and many also lost their investments. So with the arrival of BTC and crypto on the market, people were already obsessed with making a profit, and cryptocurrencies just opened up new avenues for this.
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I've been holding this token called 'SUBX' for a while now, maybe a month. Quite a big bag of it. I'm not sure if I should continue holding or let go and take what i have.
I believe in the project, but it hasn't been doing well in terms of price. Utility wise, they already have 4 apps released and doing work with universities so I am confident it won't be a rug pull. Reflections are delicious and community is nice.
But whales that bought during presale got impatient and left, and with the market bleeding past few weeks the price is slowly declining. Team says they are looking long-term with real utility (which they do deliver) but that doesn't directly relate to price does it?
Some words of advice would be really good. Thanks.
If large investors leave the project, then this project is probably no longer interesting to them and they left to fix the profit. Probably, this project and its coin will no longer be able to show growth, because this requires demand from the crypto community. I have a number of such projects and their tokens, which, in my opinion, seemed to have potential, but after their activity came to naught. In simple words, they have now depreciated and all that remains is either to wait for a miracle or to sell and get at least a little money. Of course, it is best to sell cryptocurrency when it costs good money, but there are also times when you need money and you have to sell your cryptocurrency ahead of schedule. In general, it all depends on the situation.
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In general, I think that people like Elon Musk are needed to voice this or that information of major players. Elon Musk himself is more like the actor who plays the role. Indeed, after his statements about BTC, many realized that he was not an independent player and that it was not safe to believe his words. But as we can see, the stake is placed on media personalities, because they have a large number of followers who trust them and spread their information.
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Bitcoin is limited in quantity. News like so and so billionaire or so and so company bought 100,000 BTCs is now commonplace due to the dip. Will there be a time when there will be no bitcoin to buy. If so then what will happen then?
Usually in this case, a shortage occurs, which in turn causes even more demand, which leads to an even greater price increase. If all the BTC is mined and is in the hands of the holders, then at first its price will rise by so much, it will be profitable to sell it at a profit. Do not forget that BTC is now an asset for preserving and increasing one's wealth, which means that its price will always rise, especially after it is not enough in the market.
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It's not the right time to start buying crypto coins right now because the next chapter for crypto with be filled with lots of bad news just to pull crypto value down and down so that they can buy for way cheaper price, who are they anyways? We'll figure that out yourself, bear market is 💯 real and it's coming, be prepared for more bad news
You're right! Bad news in the crypto market is a harbinger of a decline in the price of cryptocurrencies, but this does not always mean the beginning of a bear market. As we already know, if a bear market starts, then it can last a couple of years. On the other hand, bad news can simply, within the framework of a bull market, affect the decline in cryptocurrency prices in the short term, so that large players can still buy before the main growth begins. As for the current situation, I believe that by the end of 2021 we may see another round of growth in cryptocurrency prices, and only then a bear market may begin.
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Like I get the markets move but is this big wallets, ancient wallets? Who is actually selling? Normie noobs who just got in the market and are spooked by comments?
I dream of the day when alt coins are not tied to the price of bitcoin. Uhg...
I also sometimes ask myself this question, who is actively selling cryptocurrency? Studying the crypto market, I realized that miners, holders and bots can sell a lot. As for the latter, it is already a practice when, in order to reduce the price of cryptocurrencies, large players launch trading bots that actively reduce the price of a particular cryptocurrency by selling it to themselves. Surprisingly, I would not have believed this before if I had not seen this process myself. So if you think that miners or holders are selling in case of a strong fall, then you are probably wrong, this is a trading bot that works to lower the price.
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