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341  Economy / Economics / Re: Automating your savings will help you save more on: April 23, 2023, 05:09:37 PM
Overall, automatic saving is a great way to overcome present bias and make saving money a priority. By setting up automatic transfers from your bank account to your savings or investment account, you can save money consistently without having to make a decision about it each time. This can help you establish a savings habit, making it easier to save in the future, achieve your financial goals, build a savings habit, and ultimately lead to greater financial stability and security.
342  Alternate cryptocurrencies / Altcoin Discussion / Re: SEC calls Algorand a security - thoughts? on: April 22, 2023, 09:29:28 PM
The SEC classification of Algo as a security could potentially have significant implications for the project and its investors. However, it is important to note that this is not a final determination and Algo has the opportunity to present its case to the SEC. It is difficult to predict how the market will react to this news, but it is not uncommon for cryptocurrencies to experience price fluctuations in response to regulatory developments. It is always wise to exercise caution and do your own research before making any investment decisions.
343  Alternate cryptocurrencies / Altcoin Discussion / Re: What is your favorites altcoins these days? on: April 22, 2023, 09:13:29 PM
My favorite coin is ETH. It is a great choice. ETH is one of the most popular cryptocurrencies on the market and has broad community support. This shows the strength of the Ethereum platform and the potential for future growth. In addition, I am also quite interested in ARB because of its price. I think, like previous UNI and APT airdrops, the price will explode after a period of distribution. At present, ARB is the same, and the same possibility may also occur.
344  Bitcoin / Bitcoin Discussion / Re: Bitcoin is going down day after day right now on: April 22, 2023, 08:52:30 PM
This is just normal. As you can see, year-to-date bitcoin growth has been pretty good despite the bad news. As a natural process, the price cannot go up forever, so a price correction is needed. The fact that the price turns back after approaching the 30k zone is a good premise for being able to accumulate more, creating a premise for a new pump in the near future. I think the market will become busier by the end of this year after a long downtrend. Do not try to mind the market much; instead, what is needed at this time is to rest, relax, read a little news about the market, and most importantly, accumulate assets. Paying too much attention will only make you confused and excluded from this harsh market.
345  Bitcoin / Bitcoin Discussion / Re: Why do you want bitcoin to stay? on: April 22, 2023, 08:26:06 PM
I want bitcoin to stay because it gives me a small amount of money that makes my life more abundant. As for the other aspect, it doesn't take 100 years; I think in the next 20–30 years, it can play an important role in the global transition to the digital economy. Because of Bitcoin's independence, this ensures privacy and security for users and can help reduce financial and political risks. And since this is a bitcoin forum, almost everyone has a good feeling about it because, like me, bitcoin has changed my life so much.
346  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Pepe The Frog (PepeBNB) made 644% in 2 days and keeps growing on: April 21, 2023, 02:24:54 PM
As you mentioned, Pepe Frog (PepeBNB) is a new type of meme token and is currently experiencing huge price swings on Pancakeswap. However, it should be noted that meme token types are often very volatile and can pose a large investment risk.

If you are interested in investing in PepeBNB or any other type of meme token, I advise you to be careful and thoroughly research the project, development team, and community before investing. You should carefully evaluate the potential risks and benefits of an investment before deciding to invest in any type of token. In addition, you should always keep consideration and risk management in mind in all your investment decisions.
347  Bitcoin / Bitcoin Discussion / Re: Institutional holder paying their debts from BTC share - doesnt affect prices on: April 21, 2023, 02:18:54 PM
This could give some positive thoughts on the potential of Bitcoin and the crypto market in general. If large institutions are paying off their debt gradually and not having a major impact on the market, that could indicate that the market is becoming more mature and stable. Additionally, the fact that institutions are patiently paying down their debt and continuing to hold Bitcoin could indicate that they believe in the potential of this cryptocurrency and are investing for the long term rather than just looking for short-term returns.
However, it should be noted that the cryptocurrency market is still very volatile, and institutions that are paying off debt can still cause fluctuations in the market if they decide to sell some of their assets. large amount of Bitcoin at the same time. It is advisable to be absolutely careful and research carefully before investing in the cryptocurrency market.
348  Bitcoin / Bitcoin Discussion / Re: Why does It takes time for market to be bull on: April 21, 2023, 02:11:18 PM
The cryptocurrency market, including Bitcoin, is highly volatile and is influenced by various factors, such as market sentiment, adoption rate, regulatory changes, global events, and overall economic conditions. These factors can cause rapid price changes and make it difficult to predict the market's direction.

In general, it takes time for the market to become bullish because it requires a significant increase in demand for Bitcoin. The demand can be driven by several factors such as increased adoption, positive news, and institutional investment. However, it's important to note that a bullish market does not mean the price will continuously increase without any pullbacks or corrections. The market often experiences ups and downs, and it's essential to have a long-term investment strategy to navigate through these fluctuations.
349  Economy / Economics / Re: Tokenization of Real-World Assets on: April 21, 2023, 02:08:48 PM
It is true that physical gold often entails storage, security, and insurance costs, which can be a barrier for some investors. However, the use of encryption can reduce this cost by enabling split ownership and real-time payments 24/7, as mentioned in the article.
As for your concern about a legal claim against a bank, it should be noted that cryptography does not necessarily mean that an investor will not have a legal claim. Encryption can be implemented in a variety of ways, and the legal structure can prescribe the rights and obligations of investors and issuers. It is important to carefully review the terms and conditions of any investment before deciding to make it.
Overall, the tokenization of real assets like gold could provide new opportunities for investors to access these assets more efficiently and conveniently. However, like any other investment, thorough due diligence and an understanding of the potential risks and benefits should be carried out before making an investment decision.
350  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is it advisable to invest on Solana? on: April 20, 2023, 04:41:16 PM
Hello buddies, I am considering buying Solana coins and holding for a very long time. I want to know if this is a good idea before forging ahead to buy it.

Thanks for your responses.
I cannot provide investment advice as it is a highly personal decision that depends on your personal circumstances, risk tolerance, and investment goals. It is important that you do your own research, understand the risks involved before making a decision, and ensure that investing in Solana is a good fit for your overall investment strategy. In summary, you should carefully consider your personal circumstances and investment goals before making any decisions about investing in it.
351  Economy / Economics / Re: Pay your debt with monkeys! on: April 20, 2023, 04:29:04 PM
Sounds completely unrealistic? Yes, it does!
Is it actually real? Yes, it is!
Can even be applied at country level? Definitely!

Sri Lanka planning to send 1,00,000 toque macaque monkeys to China

Quote
Cash-strapped Sri Lanka is considering exporting up to 100,000 endangered monkeys to China, the agriculture minister said Wednesday, raising concerns among conservationists.

The toque macaque is endemic to Sri Lanka and common on the island but is classed as endangered on the International Union for Conservation of Nature (IUCN) red list. Sri Lanka bans almost all live animal exports and the proposed sale comes as it faces its worst-ever economic crisis. No financial details were made available.
"They want the monkeys for over 1,000 zoos they have across China," Agriculture Minister Mahinda Amaraweera told AFP.
"I have appointed a committee to study the request and see how we can do this."

Of course, there are a few questions about it and darker aspects of this:
- I don't know how a species that numbers over 1 million can be considered endangered, but let's leave it like that
- even if they have 1000 zoos that means 100 monkeys of the same species for each zoo and that is just not real
- what they are going to do for real with them, and most hint at labs testing, which stops being funny  
- how much of the debt will be really erased for this?

But nevertheless, Sri Lanka is in so much debt that it needs either cash or a way to pay out its debts to China so, probably for the first time in human history monkeys will be used en masse to pay for a portion of that debt, giving a whole new meaning to the term "monkey business".
At $4000 per monkey (google sources) that would make about $400 000 000 (in theory, not including costs), around 5% of the 7 billion they have in debt with China.

So, do you feel like you could show up at your bank and hand them two or three monkeys to cover your mortgage?

No, I don't think using animals to pay off debt is a good idea; it's even a disgusting idea that shows moral degradation. The export of toque macaques from Sri Lanka to China is a matter of concern as the toque macaque is endemic to Sri Lanka and is on the endangered species red list. In addition, using animals as a means of debt repayment is unethical and inhumane. Instead, we need to find ways to tackle debt and grow our economies sustainably without harming animals or the natural environment.
352  Economy / Economics / Re: Americans go to Mexico for medicals to cut costs. on: April 20, 2023, 04:03:40 PM
The recent kidnapping of four Americans exposed me to the medical tourism going on in America. I have always thought that the US was a perfect country has very functional health, economic, and political systems. I thought all Americans have access to cheap and quality medical services until I read that over one million Americans go on medical tourism in Mexico yearly.

And the reason why some of them choose Mexico was because of its quality and low cost. These medical tourists are aware that it is risky to do to some parts of Mexico, but they still go there because they want to cut costs.
Is there any other reason why Americans go to Mexico for medical?
There are some Americans who come to Mexico for medical care because the prices are cheaper than in the US. But cost reduction is not the only reason.
Some other reasons include:
- Avoid waiting.
- Services not covered.
- Quality and professionalism.
- Combining healthcare and travel, ...
In addition, there are still a few other reasons, but just with the above reasons, we can see that the health care system of Mexico is suitable for the majority of American workers. Instead of paying an expensive amount for US medical services, they choose medical tourism in Mexico, where they still enjoy the benefits but the cost is much lower.
353  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [Bounty] COMBO Network ex COCOS-BCX | 🚀 100k USD Worth of Tokens 🚀 LISTED on: April 18, 2023, 01:36:37 PM
#Proof of Authentication
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354  Alternate cryptocurrencies / Altcoin Discussion / Re: This is crazy on: April 04, 2023, 07:37:53 AM
Unfortunately while this is affecting investing behavior for so many people, I'm not sure people are sane enough to escape the traps created by so-called influencer. Psychological manipulation to swap concepts for personal gain is an evil act, different tricks appear to affect the uninformed investment department. Sincerely I see it as a mistake from the people who created them and the people who are supposed to be victims then, they create a hole for themselves and they sink in it at the same time.
355  Economy / Economics / Re: Banks are a business, and you are the cash cow on: April 04, 2023, 07:30:41 AM
Well the description is a bit rough but very realistic when it comes to these things, I agree that banking is a place that helps society and serves people. But in fact, the benefits they get are much larger, thinking about the above relationship I think this is normal, because simply large banking groups accept more risks when working. Intermediaries help people have a stable control or distribution of the economy. I'm not denying that risk issues arise because it's not 100% avoidable either, and that's why many other financial channels emerge.
356  Economy / Economics / Re: Elon Musk and the fall of Twitter on: April 04, 2023, 07:25:22 AM
I really find Elon Musk very clever in the way he attracts the public's attention with what he does. Yesterday I saw a lot of people talking about dogger Smiley , is this a joke or a complete change to how twitter works in the future.
Some say he's destroying the corporation with the changes he's made since he got it, but I see the point is that he has likes and dislikes so it's up to debate what he's doing what seems to be a never ending story.
357  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Arb below 1$ on: April 04, 2023, 07:19:01 AM
but I think the price of ARB will definitely continue to fall, because in my opinion the right price for ARB is below $1, so of course if you want to invest in ARB, it's better for you to be more patient, because the price of ARB will slowly decrease and when the price of ARB decrease below $1, then it is the right time to invest in ARB, but I'm not also interested to investing in ARB for the long term and prefer to invest in the short term.
Is that why you think a price under $1 is attractive to you in the short term, and what do you expect in the future with this coin?
Personally, I rate what Arbitrum is all very impressive in the crypto space, they have a lot of potential for this as we all see. But what I have observed in recent days with it is FUD, which causes the price to drop continuously but not too much. I don't invest with it for the short term so the price in this range doesn't matter to me, and I like the DCA strategy applied to it, like a number of similar large projects before it. I think it needs time to stabilize and will soon catch up with the market uptrend in the future.
358  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is it risky to invest in new crypto coins/tokens on: April 04, 2023, 07:12:59 AM
IMO, yes, investing in new crypto/token is as risky as any other type of investment. New cryptocurrencies are often untested and may not have full trading history or market data. This can make assessing their value difficult and can lead to price volatility. In addition, the cryptocurrency market is a volatile and volatile market, so the value of cryptocurrencies can rise and fall suddenly and there is no guarantee that the value of a cryptocurrency will increase in the future.
However, the problem is that this fomo following the market from new entrants contributes to a vibrant environment, there are problems that come after, but anyway we should change the way we study what we do invest.
359  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [Bounty] [Stage #2] Second Live | 🚀 01 M $BEAN Tokens 🚀🔥 Stake BEAN earn LIVE on: April 01, 2023, 01:30:50 PM
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360  Alternate cryptocurrencies / Altcoin Discussion / Re: When is the next altcoin season? on: March 28, 2023, 01:39:55 PM
I have decided I have too many altcoins in my portfolio and want to convert up to half of them into Bitcoin but I am waiting for the next pump like we saw in January to do this as don't want to convert while my altcoins are 20% down.

I have only been in crypto last 12 months so not that experienced when it comes to understanding cycles. Do we have any idea when the next altcoin season is due?
First of all I see you also many newcomers to the market being led by vague and impractical conceptual information. You've known this market for 12 months and the things you see about it and the things you hear from someone match up or just a misinformation.
First of all let's re-learn the basics of bitcoin, about altcoins see how they are related in the market. And reassessing what stage the market is in, I see many people still seem to be stuck because they don't have the initiative to research everything.
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