<snip>
If it's not good , how can it become popular and gradually have more people invest in it? Clearly, the popularity of bitcoin shows that it is a good asset and worth considering for investment. Before gaining popularity like now, Bitcoin was only valued with Pizza. Who would have thought Bitcoin could be as great as it is now with a price above $ 60,000 / 1 BTC. If it were not for the strong efforts in protecting Bitcoin made by people who believe in Bitcoin, maybe Bitcoin would not have gained popularity like it is today. When it is popular because of its advantages, it is worthy of being used as a future plan to enjoy wealth for those who use Bitcoin as an investment asset. In the 15 years of bitcoin's existence and development, it is not a too long or too short period of time, but it is enough to prove that bitcoin is very trustworthy and worthy of our trust in it. Therefore, we should not only be grateful to those who created bitcoin, but also grateful to those who have supported and trusted bitcoin over the past 15 years because thanks to them, bitcoin could become as popular as it is today . And for me, before learning or researching anything, I always consider the popularity factor because if it is not good, it will certainly not receive the trust of the crowd . Therefore, popularity can be a reliable measure for us to rely on when learning about bitcoin. For those who are participating in the market and are planning to invest in bitcoin these days, what they should learn about bitcoin are the pros and cons that it can bring them, and the use cases bitcoin...from there they can decide whether to invest or not, IMO. |
|
|
|
There is no obligation to give investment advice to others and there is no need to do so if you don't want to get into trouble.
But what OP is talking about is should we give investment ideas to others when we don't have money to invest in bitcoin. And you have supported this idea but in my opinion it shouldn't be like that. But when it comes to finances, we need to prepare and maybe we should provide education to our children and closest family about investing. This aims to provide independence for them so that when they are ready to invest, they have the correct knowledge. Honestly, I have never given investment advice to anyone and I don't do that not because I don't have the knowledge but because I don't want to face problems when they experience losses due to mistakes they have made. Regarding financial education, if you want to educate your children or relatives about finances. That's an extremely good thing and I support it. But you cannot teach them knowledge that you have only learned online and have never experienced. If we want to teach someone about finances then we at least have some experience and success with it. You have never given advice to anyone but why do you support OP giving investment ideas to others when he has never even invested in bitcoin? If we have never been involved in bitcoin investment, it is impossible for us to provide education to other people because we have no direct experience that we can provide. But make no mistake, sometimes listening to investment advice from other people is also useful as long as we can verify the truth. There are people who are good at giving advice but they don't carry it out and that is the function of verifying something before implementing it.
That's what I'm trying to say, if we have never invested in bitcoin then giving ideas or giving advice to others is not right and a bad idea. Personally, I wouldn't listen to advice from people who have no experience and are only theoretical. |
|
|
|
If everyone just stick to the rule of buy low and sell high, then there's no one end up at loss. That's how the pioneers here work out on their investment plan and look at them now, most of them have succeeded and are living life comfortably.
However, if you miss buying at the dips, then buy still even when the price is quite high. After all, you don't sell at a loss price, as long as you intend to hold longer and sell only when there are impressive profits around.
I agree that as long as we don't sell bitcoin at a low price we won't lose money, but is buying bitcoin when the price is already high a wise idea? Like the people who rushed to buy bitcoin when it was priced at $69k during the 2021 bull cycle. They won't lose money if they hold until now , but is it worth it when they spend 4 years holding without making a profit? Meanwhile, those with better investment strategies made significant profits when bitcoin was priced at $69K in 2024. We should buy bitcoin at any time but we also need to pay attention to the timing , I mean if we are in the bull season and bitcoin has increased too much then we should wait instead of buying right then . But now we are preparing to enter a new cycle and the cow season has not yet begun , so buying at this price is reasonable. I would say that it is not a wise idea to buy JUST at a high price, but if you keep buying it constantly then it may happen to be at some high peaks at times as well, while sometimes it may not be. So, I would say that we are going to end up with some good results at times and some bad ones at times. For example if you bought at 20k and 30k and 40k, but also bought at 70k, then it means that you are doing fine, there isn't really anything to worry about, we should be considering the situation as normal as it gets. Obviously this isn't really that simple, we should consider the situation to be just about DCA, and for that to mean something, we need to have a constant source of income that we can spare some money to buy consistently. If you are implementing a weekly/monthly DCA strategy and are determined to hold for the long term, you can even buy without looking at the price. But if you only have a certain amount of money and want to invest in bitcoin, you need to consider and analyze carefully before making a buying decision to avoid buying at too high a price. Not all investors have the conditions and ability to DCA for a long time . If all investors had a stable income and implemented the DCA strategy regularly, we would not have losers in the market. Therefore , it is necessary to have a specific investment plan and that depends on each person. |
|
|
|
Juventus has so many players who are over 30 years old. This needs to change immediately. They need to evolve into a more dynamic team to fight harder for Serie A titles. Football is changing and dynamic teams are one step ahead now.  Motta is a young manager which is a plus for Juventus about this topic. I wouldn't expect him to prefer old player signings much. His system would also be different from Allegri probably. But before anything else, they need new transfers like I said before. If they sign midfielders who can contribute much more to scoring, it isn't too difficult for them to stay in the title competition until the final moments. Well, if Juventus does not add more players to their team, I don't think they will find it difficult to win their games next season. Juventus still has more strong players available to win their games, because their players over the age of 30 are not more than those under the age of 30. Juventus can only get players that will improve their performance because they are unable to maintain their winning ways. We saw how they performed last season, with an excellent start but a poor ending. Even when they won the Coppa Italiana over Atalanta, I believe they were lucky to win the cup because their performance was not strong enough to beat Atalanta at the end of the season If a coach does not want to work with old players, it is fine. In general of the younger players are, the better they should perform and the less they are prone to injuries. So it is a good thing to work with young players. But then he will lack experience in the field. The best idea is to have a squad that is balanced. Not too many young players and not too many old players. Thiago Motta should add more players to the team. And I think they are doing the right decision by bringing in midfield players so that the supplies from the midfield to the attack are better. Because they have definitely not scored enough goals in the last season. At least not enough to compete for the title. This could be the very reason why they lost as well. People think that Juventus suddenly became bad when they were at the top of the list and yet they do not see why. It is obvious why, because we are talking about a team that is filled with old players, which makes it very hard for them to have a win when all these players start to grow tired.
They start the season great, but gradually become more and more tired, and that shows in the results as well. They need a younger setup, at least younger bench, so that they could end up with some subs during the games that could help them. If they keep this old age situation going, then I am pretty sure that we are going to see them not do all that well, they will be pretty bad.
Having old players is not a big problem if they are performing. Just look at the Real Madrid squad from the last few seasons. The Whites had almost half of the main squad that was literally in the mid 30s. The problem is, Juventus has been facing a lot of issues recently. And at the same time, the older generation is not performing that well. Just look at the ban of Paul Pogba and the point deduction that Juventus got in the season before this one. Ultimately, I agree that they have to bring in new players preferably younger ones. |
|
|
|
-.-
No, No. Never! Such a thing did not happen. When Erik Ten Hag cake in as a player, Mason Greenwood was already punishment in prison already. U don't know why you'll say something you have no idea about just to slander a coach you don't like, this is bad and it tells a whole lot bout you. It's like there's no need to wait for the coach making a decision to place Mason Greenwood on the bench or dump him to another team, because what Greenwood has done has been assessed by the public and it has already left a bad image that makes it difficult for Greenwood to just play in the Premier League. Man United might reject the offer if they feel there are other teams who are also interested in Greenwood. However, if the opposite happens, then Man United could accept the offer because they don't have much of a budget to prepare for the upcoming season so a transfer deal related to Greenwood could provide fresh funding for Man United. @Oluwa-btc, Bro, you said, When Erik Ten Hag cake in as a player . And after that, you said I have no idea about what I am talking about. I can’t even take this seriously at all. About the player having scandals with his girlfriend, that is something which is relatively common actually. The problem is, doesn’t matter what the outcome is of the case, the player will have to suffer. They slander your name as soon as you are alleged. @punk.zink Yes, that’s true. Manchester United does need some extra funds right now. That is going to help them bringing in some new players. Because the ones that they have actually brought in are not performing well. Well, I think even if some of them are actually performing well, the performance of Antony seems to catch the eye of the people a lot. People look at his failure a lot more. I also think they are supposed to be because 95 million is not a small amount of money. |
|
|
|
Bitcoin is gaining a lot of popularity and there are people considering it as a retirement investment. How good is this? The most important thing is to understand everything about Bitcoin first. Then the answer will be obtained whether it is good or not for retirement plans. I feel that Bitcoin is a good retirement plan for one and many reasons that I don't need to explain here because I know enough. So before considering it good or not, find out all aspects about Bitcoin first, not just following its popularity. If it's not good , how can it become popular and gradually have more people invest in it? Clearly, the popularity of bitcoin shows that it is a good asset and worth considering for investment. But I agree with you, we need to take the time to study it. Just because it's good doesn't mean it doesn't have its drawbacks, so we should also take the time to research everything about bitcoin . And understanding it will also help us in the future, we will avoid panic when faced with its volatility. We should only invest in things we understand, don't invest in things we don't understand and just follow the crowd. |
|
|
|
Is it possible for a potential investor (without funds but with a good idea and a great proposal for investors), to pitch a Bitcoin investment idea to a group of friends and family and companies, with projections of good profit but with their invested funds, to gain backings?
The underlined word is "to pitch a Bitcoin investment idea";
Maybe it can be done, but what is your ability to convince friends, family or the company. But in my opinion, the most likely thing is family because these are the closest people who understand our journey so by offering good ideas they will be more likely to believe. If we talk about the company it will be much more difficult because how can they possibly listen to us when the concept of the company doesn't know Bitcoin at all. Actually, you can do it a much easier way by investing an amount of money that you can afford. Investments in Bitcoin can be made in any amount so using your own money is much safer and can give you confidence. Although sometimes speculative can give a little worry if one does not really understand the journey of bitcoin. In my opinion, if you don't have money and have never invested in bitcoin, you should not give bitcoin investment advice to anyone. If you have no reallife experience and what you know is only from other people or the internet , you are not qualified to give advice to anyone . What you are doing will only harm others and not help them as you think, you should only give advice unless you have experience with it . Experience you experience yourself versus the experience told by others, they have a huge gap and are very different , believe me . In addition , you will have a lot of difficulty convincing or giving advice to people if everyone knows that you have never invested in it and there is no evidence to prove what you say is true . If you were a millionaire and invested millions of dollars in the market , would you take the time and be willing to listen to the advice of an investor with a capital of a few hundred or a few thousand dollars ? That's like a person being an employee but trying to teach his boss to get rich , this sounds very unreasonable and unconvincing. |
|
|
|
-.-
Don't forget the time when they didn't have Ten Hag in the team Manchester United had many problems and they didn't have a good station in the Premier League at all but Ten Hag helped them to get improve and have better performance. However, he was not successful enough compared to many other teams but I think Ten Hag is a good coach for Manchester United and he was just not lucky enough to have a better place in the league. First of all, I do not think he was unlucky. I also do not think he is necessarily a bad coach. For some reason, the decisions that Ten Hag has taken did not work out at all. At the same time, the players that he had brought in also did not perform well enough. A lot of people are of course angry at Ten Hag that he brought in Antony for 95 million and he did not do anything in the whole season. -.-
Well, Ten Hag has guided Kobbie Mainoo to the first team, to a place in England's Euro 2024 squad after just one season and he feels grateful to his teacher. Mainoo feels satisfied to be able to continue accompanying coach Ten Hag at MU. Mainoo is so innocent and pure. I won't exaggerate, MU spent a lot of money and brought in a series of famous stars to finish 8th on the Premier League rankings. MU was eliminated from the Champions League group stage and the fourth round of the League Cup. Ten Hag led Man Utd in 114 matches, including 34 losses, 17 draws, and 66 wins, with a win rate of 57.89%. This number is not too different from the team's two most recent official coaches, Ole Gunnar Solskjaer (54.17%) and Jose Mourinho (58.33%). But anyway, he will have more time to build and lead MU towards success. Let's wait and see if Ten Hag is a good coach or just trying to pretend he is good. If ETH is actually able to improve the situation of Manchester United I will actually admit that he is a good coach and we just did not give him enough time. But so far, especially looking at the season that just ended, it does not look like things are going to improve a lot in the next season. if he is able to bring in good results and also able to make the players like 95 million's Antony who are not performing well right now, somehow perform well and bring in better results from them as well, I think most of the people who are hating on him are going to admit that he is actually a good coach and he was just unlucky. |
|
|
|
Think about the giant spike required to get 120k now, its double the price in just 5 months before year end. I wont say its not possible but its not healthy and we shouldn't really wish for it if wanting BTC to grow as best it can. If all we see is BTC repeat 50 to 70k for the rest of the year then I'd opt for that scenario as the more healthy of the two; eventually it does lead to better prices by building volume here first.
You are forgetting that Bitcoin can move when it really want to and doing X2 within 5 months is the least obstacle that it can break. Even when it is not necessary to expect so much given the uncertainties surrounding Bitcoin, it is also good to check past records to see what is possible in the future. From November last year to January this year, Bitcoin price doubled, this is just 3 months interval, although most of the moves was attributed to the halving. But the point is that it is very much possible for price to double within 5 months. We are approaching the second part of this year, a time that Bitcoin usually do so well from past records. I believe we will begin to see more momentum in the market as we approach the end of the year and price might possibly hit the peak early part of next year. In short, the goal of 120k$ may or may not happen this year , no one has a crystal ball to predict the future. If we have good market conditions, it is not too difficult for bitcoin to reach 120k$ in 5 months, but if market conditions are not good, it will be very difficult for bitcoin. But one thing I'm pretty sure of is that it's only a matter of time before bitcoin reaches $120k or more. We all know that Bitcoin is unpredictable and its price is very volatile, so setting monthly or yearly goals and arguing about them is pointless. Instead, we should set long-term goals and only sell when we achieve the set goals. Setting specific goals for each month/year only creates more pressure and causes us to make wrong decisions. I have seen many investors fail for this reason so I think we should avoid making this mistake. |
|
|
|
Your friend is exposing himself to great danger as a result of his pride and arrogance, and perhaps he will regret it later, so you must quickly warn him to shut his mouth and also try to hide his assets in the greatest possible way. It is also better for him to change his wallet or buy a hard wallet and hide it in a safe place.
We all sometimes commit such mistakes unintentionally or because of bragging. We want to prove to our friends that we have succeeded and that we are superior to them, but we do not pay attention to the danger inherent in these actions, which may lead to real problems due to envy or greed on the part of some friends. Therefore, it is always best to maintain as much confidentiality and privacy as possible regarding our crypto assets.
Of course, I also disagree with the other guy's actions because it could endanger him and his relatives. But we should not be quick to criticize him and think that he just wants to show off or be arrogant . I think because all three of them are close friends and the purpose of him revealing his investment was to convince the other friend to invest in bitcoin , and he didn't have the purpose to brag. OP was just giving his guess, OP never asked him directly why he did that, so we really don't know what his intentions were. In this case, OP should talk to his friend who invested in bitcoin and should explain to him the risks of disclosing his bitcoin to others. If he is a braggart, he deserves to be criticized and condemned, but if he just wants to convince the other friend, OP should explain to avoid making the same mistake again. |
|
|
|
There is nothing wrong with someone buying an asset when the market dips and then selling it when the market is bullish even if the market manages to go higher than where they sell their assets because they have at least earned some profit on their investments, that's the main purpose and if it's achieved, it's all good.
Profit is profit is what's on their mind. I know that many won't agree to that to sell but that's how you're going to profit. If you don't sell and you hold forever, there's nothing with it as well. To each his own on this market. You'd miss the buying moment at the lowest? then buy it before it finally pushes to the peak. There are so many stories that we've seen in the past on how they regret it. And soon, we'd see more stories from both sides again, those that didn't sold during the bull run and those that didn't bought during the dip or bear market. If everyone just stick to the rule of buy low and sell high, then there's no one end up at loss. That's how the pioneers here work out on their investment plan and look at them now, most of them have succeeded and are living life comfortably. However, if you miss buying at the dips, then buy still even when the price is quite high. After all, you don't sell at a loss price, as long as you intend to hold longer and sell only when there are impressive profits around. I agree that as long as we don't sell bitcoin at a low price we won't lose money, but is buying bitcoin when the price is already high a wise idea? Like the people who rushed to buy bitcoin when it was priced at $69k during the 2021 bull cycle. They won't lose money if they hold until now , but is it worth it when they spend 4 years holding without making a profit? Meanwhile, those with better investment strategies made significant profits when bitcoin was priced at $69K in 2024. We should buy bitcoin at any time but we also need to pay attention to the timing , I mean if we are in the bull season and bitcoin has increased too much then we should wait instead of buying right then . But now we are preparing to enter a new cycle and the cow season has not yet begun , so buying at this price is reasonable. |
|
|
|
 Lazio have opened talks with MU over a £30M deal to sign Greenwood Didn’t Mason Greenwood have a lot of problems with Erik ten Hag? He also expressed his feelings about leaving Old Trafford if I recall correctly. So I think it is going to be good for Manchester United because they will be able to sell him. On the other hand, Lazio will also get a good player. But I have doubt about money, the money they are offering is not going to be enough. The Red Devils might actually ask for more. But they should also think about whether the player is satisfied or not. so maybe they should not ask too much which Lazio is not going to be able to pay. Red Devils should also not ask such an amount if the other team is actually able to reach, they might have other options as well. Source: https://sports.yahoo.com/lazio-plotting-30m-swoop-man-172400195 |
|
|
|
So, what do you think? Could this kind of social sharing improve decision-making for new traders?
Is there any difference between signals shared on those platforms and signals in telegram, facebook or X? I bet they are the same, and if you think newbies can improve by taking signals from there, then why can't they improve from signals on social networks? I agree that having an environment for us to learn and share experiences with each other is a good thing. But if you make it a place for you to find free trading signals without your own analysis then it is no different from any other social network. I think whether they are really useful or not depends on how we use them , they are simply a place for discussion like any other social networking platform. |
|
|
|
Not everything can easily be done without a direct mentor and you shouldn’t get your brain twice Syed with all the writings you might find on the internet.
I tried checking on your country and it seems there isn’t any direct restrictions on crypto in your country and personally, I don’t think there is any need for all those rigorous processes of licensing and business account opening just to be a p2p trader.
And answering your question, most persons of not all trading p2p didn’t have to go through the long processes of acquiring bucks of licenses before starting a p2p trader.
Simply all you need to do, is hop on any exchange you think and feel very convenient for you, meet their criteria and you’re good to go with your trades.
There are some countries that do not ban bitcoin and cryptocurrencies, however domestic banks have some regulations that prohibit users from using bank accounts to make transactions related to cryptocurrencies. If discovered, they will freeze the account without warning, that's what's happening in my country and I think OP is falling into that situation. And to solve that problem, investors and businesses have come up with a solution: when making transactions, we absolutely must not record any content related to bitcoin or cryptocurrency, by that way we won't be detected by the bank. |
|
|
|
After owning money, everyone wants to show it.
Incorrect. Most with wealth are very understated and have no desire to draw attention to themselves. Most flashing the trappings of wealth are faking it. Agree with you, that people who are truly rich will not want to look rich, even their appearance is ordinary. Those who look luxurious appear to show they are rich, in fact I question their wealth, or are they nouveau riche. So far that's what I see from what I've experienced. Those who are truly rich, they look more simple and not excessive. I don't know why I always see this where someone who is actually simple wants to look luxurious, even though we know how they really are. Usually rich people like that start really from 0, so they know what it's like to be in an unpleasant situation in the economy, so they will act more modestly like you said. That depends on each person's personality, each person has different interests and lifestyles, and we cannot rely on just a few people we meet to equate them all. There are also many people who become rich from zero but are very arrogant, like to brag or compare themselves with others. Meanwhile, there are many rich people who don't want others to know they are rich, they live simply and modestly and always try to avoid becoming the center of public opinion. The proof is that my neighbors also have people like that, some people always like to brag, some people choose a modest lifestyle. I don't know why they like to show off or hide their wealth, but one thing I know is that they don't like each other and always avoid meeting each other under any circumstances. |
|
|
|
^ I guess if we stay in the same range as it is now til the end of the month, I think July's sentiment poll will be if BTC drops down to 50k - 55k..?  And thinking about it now... If that's the sentiment going forward then did the market just flip and became bearish? I feel like a lot of people got spooked and sold their bags. And now they want it to go lower to buy them back. I think, that is where the price is heading to in this month of June, because the price has decreased to $65,000 few hours ago and the red light still continue displaying to prepare the mind of investors that bearish season is approaching. Based on what is happening now in the market, I think July will also going to be lower than what holders is seeing right now, because the price of Bitcoin is decreasing to the wish of some holders waiting to add to their Bitcoin when the price reach $50,000 which it will soon get to that price before the end of July. If you look at the market closely, you will know that bearish season will definitely appear before the end of next month for long term and short term investors to use the opportunity to purchase Bitcoin and hold for another bullish season to come. The interesting thing is that more and more people are becoming pessimistic and that is actually a good sign for the market in the coming days. I always believe that the market will go against the crowd's expectations and when many people are pessimistic and think that bitcoin will drop to $60k, or $55k in the future . That will be when bitcoin gradually recovers and surprises us. As for me , I don't think we will make a new ATH anytime soon and will continue to grow stronger but I believe bitcoin cannot drop to $60k let alone $50k like many are scared . Additionally , I suspect that investors will buy more bitcoin if it drops more , which I see as people being more scared than excited to see bitcoin drop. |
|
|
|
In fifth game, Cyprus won the match by 4 Wickets and 1 balls. They showed impressive performance in the previous game and are maintaining their form in this match as well. They played well in the previous match and played well in this match too. I hope they will play better Estonia in the next match. Cyprus played a very good match scoring a lot of runs and winning the match. Their hard work and determination truly paid of in this match. Roshan siriwardena is a very talented payer of Cyprus tema and his effort truly ambitious. The 5th match between Cyprus and Estonia played on happy Valley ground. Cyprus won the toss. The best batting in Cyprus man team was by akila kalugala scored 42 runs and 37 balls hitting 3 fours and 2 sixs. Cyprus won by 147 runs and Estonia chased only 145 runs and lost the match. Estonia elected to batting first.. Cyprus is performance really well in the current match.
The sixth match has already been played. Estonia has been able to win the sixth match and also make sure that they win the series as well. Estonia has been able to win the series 4-2. If Cyprus was able to win this match they could have ended the series with level terms with Estonia. But I guess it is good that we have been able to see a winner in this series. Even though in the sixth match Estonia started really badly, they had lost two wickets for only one run, they had been able to form a great partnership after that. First of all the partnership between Gooch and Bilal and the partnership between Bilal and Chauham after that took them to a big total. And finally, they had given a big target of 187 to Cyprus. In reply, Cyprus has not been able to get even close to the target. They were all out even before playing the whole 20-over. They lost wickets at regular intervals as well. |
|
|
|
What a great match they played yesterday. If you ask me I will say that I was not expecting such kind of performance from SriLankan women team they just played amazingly. Unfortunately they lost the match but they fought really well. India women team gave a huge target to SriLankan women team. They made 325 runs in 50 overs with 3 wickets lost. Here I will appreciate the two players Smriti Mandhana and Harmanpreet Kaur. First Smriti Mandhana played really well and she made 136 runs. And after her Harmanpreet Kaur made 103 runs and remained not out and she is the captain and she is also the player of the match and she deserved it.
Well SriLankan women team started their turn and they have two stars too. Marizanne Kapp and Laura Wolvaardt.
Laura Wolvaardt was just amazing she made 135 runs. And Marizanne Kapp made 114 runs. But unfortunately they lost the match by 5 runs. By the way match was very interesting. Congratulations to India women team and they now have won the series too with 2-0.
Exactly what a great match was that I was also very impressed by Sri Lankan women team even though they lost. They played with a lot of heart and determination. Indian women team scored 325 runs thanks to excellent batting of Smriti Mandhana and Harmanpreet Kaur. Both players were amazing with Mandhana scoring 136 runs and Kaur scoring 103 runs and winning Player of the Match award. Sri Lankan team also had some standout players Marizanne Kapp and Laura Wolvaardt who scored 114 and 135 runs respectively. Although they lost by just 5 runs, it was a very exciting finish. Great job to both teams for a thrilling match. Congratulations to Indian women team on winning series, they earned it. Burah is it Sri Lanka or South Africa??  I think you meant to say the match between Indian women's team and South African women's team right? I never thought that the South African women’s team would actually get even close to the target. Because it was a very big target. so I guess at the same time this shows that the South African women’s team are also not bad. This also shows that the track was really good for batting on that day. 646 was scored in that match. In general, we do not see such high-scoring match in women’s cricket. I also have to say that probably Indian team actually took things a little easier knowing that they have a very good total to defend. also if South Africa had a better start they could have won the match. By the way, the finish from India was really good. I believe South Africa needed six from four balls. And Indian team was able to defend that. |
|
|
|
Inflation is a bastard and that is the more reason why Bitcoin is gonna put an end to inflation and financial slavery as almost every country one way or the other is experiencing inflation as the world is going towards economic crisis and recession however, in my country last year December 2023, the inflation rate was 28.92% as against the inflation rate in December 2022 which was 21.34% that is to show that it increased by 7.58% in December 2023 while in April 2024, the inflation rate rose to 33.69% which means that the inflation rate from December 2023 to April 2024 rose by 4.77% high. This is to show that instead of the inflation rate to reduce it's still increasing thereby making the cost of goods and services high and making livelihood difficult for the common man and woman and this inflation is suffered by many even when high percentage of people in the country doesn't have a job or are on low income salary range.
In recent years, inflation have been on the increase and a major setback to the development of the country and it tends to make life even more difficult as an average family can hardly afford three square meal in a day which also means that the inflation rate of the country has made many suffer abject poverty and unable to afford daily needs. When we talk about building materials or the cost of accommodations in the country, the cost of petroleum products, the cost of transportation and all that almost everything is on the increase.
Yes, inflation is terrible and it is slowly killing us, but I wonder how will bitcoin end inflation? Inflation is not only the result of the Government printing money in an uncontrolled way, but inflation is also the result of an imbalance in supply and demand, the gap between supply and demand is too large. And there are thousands of causes of supply and demand imbalance, the Covid pandemic is also one of the causes. Bitcoin has potential and has many benefits but to say it will solve inflation or poverty by adopting bitcoin, which is an exaggeration. We need more than one solution and it is not as easy as we think, just the government stops printing money and inflation will disappear. Yes Bitcoin can put an end to inflation if we continue to accumulate and HODL and it's adoption continues to increase such that the 21 million Bitcoin is totally mined because after that time it will become a long term asset and may likely become a stable coin since there will be no supply anymore except if the need arise. However, even if the government stops printing money it can't completely end inflation because inflation is driven by a lot of factors. Bitcoin is just an asset and a deflationary asset like bitcoin is very anti-inflationary , but it is perfect when used on an individual , institutional level...As for the inflation of a country or the entire world economy , bitcoin will almost not solve the problem. As I said , there are many causes of inflation and keeping the world in balance is not as easy as we think . For example, the world population is growing rapidly and is difficult to control, thereby making managing and balancing supply and demand an almost impossible problem to completely solve. Therefore , controlling inflation is much more complicated than we imagine . I have never denied the potential of bitcoin but we need to be realistic and need to accept the fact that bitcoin is not a god and can solve all the problems in the world. |
|
|
|
I just checked the rankings and was surprised to see that Binance has the largest trading volume and the largest number of users on the market. Even based on this website, we can easily see that Binance's 24h trading volume is equal to the total trading volume of all other exchanges combined, but it is not ranked at the top of the list. I have used quite a few exchanges and honestly, none of them can offer a better experience than what binance gives us. Yes, I'm also not here to defend Binance because I don't get any benefit from this, what I'm saying is my own feeling . Edit: I just found another article also published by Coinecko , in which they admit that Binance is still the largest exchange (CEX) . They're making me a little confused.   . https://www.coingecko.com/research/publications/centralized-crypto-exchanges-market-shareThis doesn't surprise me. Binance has long been considered a leader in the cryptocurrency market and is constantly at the top among platforms. They constantly offer a high level of security for traders and improve the range of services for their clients. Of course, there are those who are dissatisfied with some of the actions of Binance, but personally I am satisfied with everything. In addition to providing the best level of security, we cannot deny that the other services that Binance provides are almost perfect and superior to other exchanges. There must be some special reason for the community to choose Binance as their top exchange and their preferred choice, so those who are dissatisfied with Binance should give a legitimate reason instead of just being jealous of their popularity. @justdimin, A few days ago, if we checked the list, we could see Binance ranked 9th or 10th under a bunch of unremarkable names, but if we check again now you can see, they placed Binance is at the top, LOL.  |
|
|
|
|
Show Posts
