Well that 18k was broken just recently, which was looking like a good support I agree but one message one month ago to today could make so much change. I understand many things happened and there was a bad news and binance and FTX deal and all that, but it is just a proof that how something that looks like it won't be broken could be seen as something that is already broken with just a months difference.

This should be a cautionary tale to everyone who looks at the charts and make deductions and think one thing is possible when the other is not because the one you think that won't happen, could very well happen if there is a bad news.

Not all workers have the same talent, but not all companies have the same compensation neither. I have been working for the same person for over 6 years now, do you know how that happened? I am a good employee I think, I do my best, and he is a great boss and we found an amazing pairing, you know how? Because I do my best, and he pays me accordingly and even then some, and keeps me insanely happy, I would never even consider working for anyone else.

Do you think companies pay their employees like that? How many companies are out there paying people so much money that people would not even consider working for another company? Not a lot, most companies pay 50% of what you should be paid, that’s the problem.

That is a huge amount of money, that’s not an acceptable level of money. We need to make sure we are using the correct systems and not use these very loose safety systems because the more projects come out, the more people put their money in them and they get hacked and the number is growing every day.

Just to emphasize, I do not think that binance or coinbase would be hacked into, or at least our funds would be in danger there, but that doesn't change the fact that we shouldn't keep it there, you could move it out if you want to, because it's so easy. Just put it on your computer, and have like 1 or 2 backup USB and you would be doing fine.

Lack of funding and facilities are badly hurting Nepal for having better results in this World Cup League2 with now Lamichane's exit is also big setback which is not recoverable in near future so with this all I have been feeling their future is not bright in this game specially while we have team like the UAE which is full of adopted players and having better facilities and funding as well but still hopes are high as they are not bad at all.

Asian cricket is having good competition with too many competitors are giving their best but still we are not having big region not involved in this like ASEAN and China which need good development because this will increase finances and competition surely this also can help cricket to be developed like we have soccer in UEFA because right now this is good and positive for all countries here in this region and with this we will be able to break supremacy of two subcontinent giants as well.

I would say that most investors these days believe that crypto market is easily predictable due to bitcoin market's halving based nature of four year cycle which means whatever happens positively, more than 50% of investors still believe that bearish conditions will last till December of this year or at least till first half of January of next year.

When 50% of 'contributing' people are not ready to accept something then we cannot expect usual effect. So in my opinion, all those good news are getting nullified by the believers of 4 year cycle of bitcoin. Overall in my understanding, when there would be more demand for bitcoin then that 4 year cycle might turn to 3 year or shorter cycle; on that occasions those investors who fail to update themselves might get trapped.

Binance collapsing would be quite difficult, it would require a lot of money to do that and I do not think that it would be that possible. I am not saying that it's impossible neither, but it’s quite difficult for something that large to ever drop victim to some hacking attempt.

I would like to emphasize very carefully, I am not saying "impossible" so take all the safety and security measures that you can, that’s a guaranteed thing, if you can do that then it would be great, but if you don't and you have to put it on some exchange, Binance is better than any other and that would be a much better method for you, because all other exchanges are even worse.

Salaries would be a huge enough cost that you might end up keeping the company safe if you could just let the people take a pay cut. However, during this period there is a huge inflation which means if you offer people a pay cut, even if they accept it then there is a big chance they would all be actively looking for other jobs that would pay better.

Lay off is also not a solution because it means you would become a lot smaller and the result would not be that easy at all. I would highly suggest if people could just focus on making a lot less profit with just what they have, small profit or even taking a debt as a business could help you out in the long run.

That’s the thing, if you DCA during this bear period, when the time comes you are going to end up with a great profit. This doesn't mean that it should be easy, it will take some time and during that period many people will feel a lot of emotions.

Do you really think it’s easy to buy bitcoin at 60k? Of course not but I did it, and do you think it’s easy to watch it go down without selling? Of course not but I did it. You know how I did? I bought before it reached 60k and afterwards when it went down as well, my DCA is at around 24k right now, that should be proof enough that if you keep doing it, no matter what you do then you could profit as long as you stick with it.

The world will never be fine, if there are still situations that can be created, conflicts, politics and recessions are part of the power that monopolizes the desires of a few people. As long as this is still happening, then until whenever the world will not be fine.
[/quote]
Unfortunately, world will never be fine is a correct approach. One of the oldest understandings of political philosophy is that if everything is fine, then there is absolutely no need for people to vote for you, and that means the opponent will try to find every single mistake in order to get the votes and that means people who do not create chaos will never be picked.

How do you think Bush had absolutely no chance of winning a re-election but ended up with a war and won it? That happens all around the world in a small scale, sure not a whole war, but they create troubles so that they could show themselves to be the solution instead and that’s why we will never be fine.

Crypto winter came, but it will leave, one day or the next it will leave, and that’s the thing that matters. There are way too many people who acts as if it won't and the price will stay low like right now but that’s not true. Same is basically said by Elon, maybe tomorrow, maybe a year from now, maybe two years later, but one day we are going to see the bull run again and the price will be above ATH again, we will see 70k per bitcoin and more.

This is only matter of time, we don't know when it will be but we know it will happen. Which is why buying bitcoin is not such a difficult situation for any of us, we could just buy now and wait until that bull run eventually comes.

Unfortunately, there are too many people who do not know what they are doing, which is causing a little bit of a trouble and I doubt that it will get any easier in the long run neither. I personally believe that the best thing we could do right now would be just buy, but not that many people agree with that.

There are too many people who will end up with some sort of situation where people are really causing trouble, it is not going to be anything that is lower, but even if it is lower that’s not a problem because that only means you would be buying it even cheaper. Even if you bought it at 20, it didn't drop "that" much, considering how much it could go up, all looks fine to me.

It is basically a troll account, who would say "lets meet with the team and put out a payment plan and the management could sell their assets to pay me" on a grand billion dollar deal. It is not going to be person to person, individual basis, it is a whole exchange and OF COURSE everyone knows this, including OP.

However, would you read that as a topic? Would you write to that? Of course not, so why not go "hey I am a trader with millions, find me some people from FTX to meet and I will give them a good % plan to get me my money back, I am rich enough to wait lol" type of topic, that will get the attentions of everyone and that makes sense... sort of, just for attention at least.

I agree with this, there is no situation where you should be considering KYC and feel fine about it. Because if you are not giving your KYC to a place, how legit could they be? I mean if a place is asking for your KYC that means they are forced to, because they are legit and they comply with the laws of the nations they are working with and KYC is part of it.

If a place doesn't ask for your KYC that means they don't really care about the laws, and they just operate in a pirate way, which means if they are "hacked" like all the many that happened so far, there is absolutely nothing you can do, and all of that money is gone. Which is why it’s too dangerous.

I agree that it is a possibility that anyone could have it, but the solutions could be different for each of them for sure. That is why I believe that we shouldn't really be putting too much difference into it. Binance has a ton of cash in hand that is not customers, it is purely just owned by Binance, from BNB mainly to bitcoin to any other coin and even busd and other type of cash liquid stuff, even some regular fiat I am sure.

It means that if something like this ever happens to binance, they would have enough money to take the control back easily, of course if someone with 100 billion wanted to destroy them (ehem ehem.. elon ehem ehm) then they might be in trouble too.

At the end of the day, we are not going to really end up with sending cash to people in envelope or something, that’s really not making any sense at all. Digitally I can send you billions of dollars in a second and only pay like few hundreds at most, whereas even sending few thousands cost more than that, and would be very hard to do to be fair.

I am not saying let’s all start using bitcoin from now on and never have cash, but at the very least the difference is obvious and that’s why I really do not care about this comparison because we need them both, they both could be used in different places and that would make a lot more sense in the long run.

This also means that with the downsizing of those companies, there will be a lot more unemployed people, and that means there will be a lot more people accepting less pay, and due to inflation, there are a lot of people who cannot afford many things, and that means there will be a lot less profits for the companies and goes in a cycle.

This means it will keep happening like this forever, because companies will not make any profit, then fire people, those people cannot buy things, and companies have less profits... it just goes on. To stop this, eventually rates will go down, and companies will take huge loans, show that as a loss and not pay taxes, and then they will end up with some good investments and hire people.

That is exactly my life. I am married and that means I can2t just quit my job and take a risk. Technically speaking I could, and I did, because I already had a good side-income from another freelance job and eventually the income from that grew enough to quit my job. But that shows that I waited until my side income became bigger than my salary, and didn't quite beforehand.

So, if you have responsibilities to other people, you wouldn't want to risk it, because risking it means you will be providing them with something terrible economically if you fail and anyone who is married wouldn't want their spouse to have a horrible life just because of their own ambitions.

It is sad because the price shouldn't be impacted from outside resources if there is instability. I understand Ukrainian wheat if all is well, they could produce it cheaper than your nation normally, but when things go wrong, your own local wheat farmers should be able to cover it, maybe with just a little difference but not something huge. If they can't, that means you do not have enough wheat farmers and that’s a big problem.

All these items that go up so much during the inflation period showed that they were not made properly in a protected situation, they all depended on something and that’s a big problem that needs to be solved eventually, and this inflation period should be a lesson.

I think nations like USA didn't have any problems to regulate it, so was UK and Germany, because they trust their own currency and know that they are going to be fine. Sure dollar, euro, sterling all dropped in value, that is not a secret and it is true but even with that in mind there isn't really that many other currencies in the world which are as valuable as these three, can you name a fourth one that you would like to have instead?

I wouldn't want Ruble or Yuan, which are the closest to them, and all others are lower by far. So all in all, the nations with strong currencies, or to be more precise the currencies with no problems, ended up with regulations instead of banning it, and nations with high inflation and low valued currency ended up with bans right away.

I do understand that not many people could survive this period and that is unfortunate but common. I am not saying that not everyone should survive, I hope everyone would but the reality is that many people will sell and fear the drop and will lose money when it goes down. Plenty of people bought at 21k because they thought it would go up, and then sold at 16k because they thought it would go down, instead of doing vice versa.

What matters is we should not do that and if you are wise enough not to do that then it would work out for you. I personally don't really care about the ups and downs because it’s a temporary thing, so I can hold for many years without care.