The increase that occurred at the end of June like today certainly makes us optimistic, FUDs and negative issues that are happening at this time are Binance which is experiencing a financial crisis, but all of these issues are refuted because many consumers withdraw and do not experience problems like what happened with FTX, of course this makes the market can continue to rise.
The FUD and the negative issues were actually about the US SEC lawsuit against Binance, CoinBase, and other exchanges. Binance is never experiencing a financial crisis but it may experience a reduction in users due to the lawsuit. But why do people always believe or feel the market is improving when there's a bullish trend? Besides, there's still network congestion on the Bitcoin network. |
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I am this close to making double of my money yesterday when I looked at my Bitcoin wallet, this was the Bitcoin I bought at 17k with two acres of farm lands I sold in 2022, I still feel very happy right now because of my decision, I believe that some risks are worth taking and mine is paying off, some people tried to talk me out of this, if I have keep the lands yes it could grow big in future, but the fastest growth of Bitcoin is far more enticing for me.
I am not trying to tell anyone to sell their properties to buy Butcoin, I have more lands that's why I am able to sell for Bitcoin, I think it's wrong having a land or two and sell because of Bitcoin, but if you have more, it's going to worth the risk, nothing grows insanely well like bitcoin does.
I am excited to see how 2024 and 2025 will play out, tell me, is anyone taking such risks with Bitcoin investment? Do you think I went too far selling something as valuable as lands?
The decision of selling properties to invest in Bitcoin can be good and can also be worse base on the investor risk management with a plan set in getting the land back. The good thing is that you're happy with the decision you take but if I were you I would have gotten a loan while I use the land as collateral if that's what you do now you would have returned the money get your land back and also have some profit. However, all this is a high risk involving investment though. |
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Bitcoin can make a lot of people rich, you know that bitcoin's existence, sustainability and main nature is to increase over time. as part of a $40k investment process, bitcoin doesn't make you rich quick, it boosts your awareness of yourself. and education about financial management. from there you have more opportunities to get rich. I don't refuse what you have said about bitcoin but here, op wanted to know only one currency name that would make him billionaire by grow his capital. I agreed on the point of bitcoin made people riches even Millionaires & will keep making in future but dont think it is possible for bitcoin to make 1 Billion dollar from 40k$ only. But that doesn't mean i suggest to avoid bitcoin. So my humble request to be logical I think that if the intention is only to choose one investment, it is clear that the choice is in bitcoin and it cannot be avoided anymore because so far bitcoin has been tested and everyone has acknowledged it. Yes, If a single investment is the plan, the choice will be Bitcoin but despite the potential and benefit, Bitcoin presented it is still not acknowledged by everyone. 1. We have people who are still against and still don't believe in its capacity. 2. There are some people from rural areas where there's no electricity and internet. |
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It is hard to tell if Bitcoin will influence the next U.S election but it is sure that Bitcoin has a lot of users and holders in the US since I believe this is the reason why one of the US Presidential candidates used the idea of a creation framework that will support Bitcoin as one of his campaign strategies because Bitcoin is the only currency that bonds people together without any limit or race difference all over the world
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So which one, is better in your overall opinion to work with and why
Erc has higher fees and its slower but still remains the favorite Asking which is better between BEP20 and ERC20 is just like you asking which is better or preferred between Bitcoin and Ethereum when we know Bitcoin is the reason why we have cryptocurrency through it is every other cryptocurrency is introduced into the market. Ethereum introduced the dApps while others emulate the ETH concept to create their own dApps. |
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It gives you the freedom to define it yourself. If you don't find it useful as a currency, then it's an asset. If you don't think it will be worth it in the long-term, then it's a volatile experiment that can give you short-term profit. If you utilize it to buy stuff from the Internet, it's a currency.
This is the nature of Bitcoin that makes it different from other currencies and for me this is the freedom of the economic system that we aspire to. Bitcoin may be used as a transaction tool and there is no problem if Bitcoin is used as an investment asset. Then, when you are faced with two choices, do you think you will use Bitcoin as a currency or an investment asset? because I myself make Bitcoin an investment asset because not all countries in the world legalize Bitcoin as a means of payment including my country. From my own perspective, I believe it all depends on personal understanding and beliefs about Bitcoin determine what we use Bitcoin for but if we go back to what Satoshi said "I've been working on a new electronic cash system that's fully peer-to-peer, with no trusted third party.". This means Bitcoin is money but its mechanism and feature which is the block halving and limited supply give it the potential to be an asset. However, everything depends on what each individual wants to use it for. |
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Coingecko has a strong warning for people who are offering to expedite listing on their platform Anyone claiming that they can list a coin or expedite the listing process on CoinGecko is a scammer. You are asking for a huge fee without showing us anything, for us asking money without showing proof of their work is considered attempted scamming, I don't know how are you going to address this when Coingecko issued a strong warning and they have not changed their policy until now. [snip] https://support.coingecko.com/hc/en-us/articles/7291312302617-How-to-list-new-cryptocurrencies-on-CoinGecko-In addition to that, there's also no listing fee for CoinMarketCap. Any project development team that pays for such service just to get listed on Cmc or CoinGecko don't even worth having a project in the crypto market. |
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No, even without money, knowledge is not a waste. Knowledge is a significant tool that may be used to improve one's skills, make better decisions, and cultivate critical thinking abilities. Knowledge is important in many aspects of life, such as personal development, job advancement, and social engagement.
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The may be good but it seems inappropriate to me and I think the cryptocurrency enthusiasts have to put an end to imitating the idea of the banking sector because already have enough crypto projects claiming to be decentralized where as they still operating in the bank sector way and enslaving the investment.
Enough of that what we have is CEX and DEX no Commercial or Investment exchanges
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There are many Binance exchanges, we have the US, NZ, etc. The Binance.us is the exchange having an issue with the SEC due to some rules that were broken.
If the exchange goes down, it will be the US exchange of Binance, not the whole Binance exchange and it will only lead to a dump in the price of the market but the market will recover.
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Rehabilitation or correction center adding cryptocurrency trading addiction to their list is something that shouldn't surprise us as crypto enthusiasts because we all know that everything that's not well managed could lead to addiction. Besides, ever since some people join the cryptocurrency market they have never have 8hours sleep which is bad for their health.
I have been seeing people that are mostly addicted to trade and the problem is thanthey keep losing money and they are not even ready to stop trading. Some will keep borrowing money and trying to eseb profits from the trade to pay but the contrary do happen mist time. We need to advise this kind of people to stop trading although it might be very difficult but we just need to be very careful and make sure we are doing things right so that it will not affect us or make us do things that would keep putting us in problems because we are owning lots of people money. The problem is that some cryptocurrency investors don't understand that trading cryptocurrencies are not for everyone, and it necessitates a particular level of education, comprehension, and ability to tolerate risk. Therefore, every trader that can't bear all the needed knowledge, and risk tolerance shouldn't go into trading. |
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and only uses the money in their pocket or wallet, but for those who have a small income, of course this will never be achieved, many people work 1 month and enough even less for one month's needs so the plan to take a loan to invest in bitcoin is a good idea.
Taking a loan to invest in Bitcoin may not be a good idea for small-income people if there's no guarantee of paying the loan without any issues but there's power to pay the loan I also don't see anything wrong in a taking loan and investing it in Bitcoin. It entirely depends on the investor and how would he or she assess his situation because I know there are some people/investors who have done it successfully as long as they have completely done their own research in their selected field of investments or specific coin in the world of cryptocurrency, but it is not really advisable especially for beginners because this is an unknown waters that even the experts are still having a hard time. The person you see that did the exact you said totally did a gambling investment in cryptocurrency because he never consider risk management and it naive thing to do. Borrow funds to invest in the cryptocurrency market and never have a safe means to return the funds. |
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The idea of teaching a young kid about corruption at a young age will affect or impact the understanding of the kids when they are mature because their understanding will be small to understand what corruption entail.
I know some parents want their children to understand this around them at the early stage but we must also consider the danger inside it.
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Indeed, the price of Bitcoin has experienced significant fluctuations in recent months. There are several factors that have influenced the current change in Bitcoin price, and it is difficult to predict future movements with certainty. Therefore, if you want to invest in Bitcoin, it is important to consider the risks involved. You should do thorough research, understand how the market works, and consider your risk tolerance before making an investment decision.
We will not be able to avoid Bitcoin fluctuations, because those are the characteristics of movements favored by traders, yes that is high volatility, indeed risk management must be mastered if you want to invest in Bitcoin it could be bullish and will not return like some altcoins that have experienced that. There is indeed no way to avoid market fluctuation since its the greatest weapon that generated the unbelievable multiplier in the market but Bitcoin investors need to focus more on the good things the downtrend market always provides rather than complaining or creating threads about the market downtrend that won't last forever. |
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Remember that bitcoin became famous for its decentralization and scarcity.
Maybe but that's the only reason Bitcoin became famous cause Bitcoin become famous is due to its unique combination of decentralization, security, accessibility, scarcity, and investment potential. Besides, if most Bitcoin investors could to provide an honest to the reason why they invested in Bitcoin you will see that 75% invested in it because of the investment potential. |
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Every relationship faces challenges that must be overcome with time, effort, and honest communication. The fact that every person is different and has a distinctive history must always be kept in mind. Any relationship, whether or not it involves marriage, should place a high priority on communication, respect, and support. Some people may choose not to get married, while others may view marriage as a significant aspect of their lives. Last but not least, the people involved, their expectations, and the dynamics of their relationship will all influence whether marriage is a problem or not. Therefore, marriage is not everybody's problem.
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