I have about 60% in crypto and rest 40% is for backup incase something goes wrong (although am not hoping for such) bit it is always good to have a plan B, as much as it is easy to gain alot in crypto so it is equally very easy to lose, it will be foolish to put everything in without having a backup plan. This amount is good enough, it is not too risky or too little imo.
I have 50% in Bank account, 30% in Socks and only 20% in crypto. I earn interest on my Bank account , Dividends and capital appreciation of stocks and in crypto sometimes I make unbelievable profit like it happened in 2020 which was more than 200% but I believe it will not happen always, it happens once in every four year when we look at the history of Bitcoin Market.
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Ever since poor people exist, even on the time of Bible so I think this kind of scenario is not possible to happen. There will always someone ahead of us and we have to accept that fact and start working for our dreams.
Poor people are too dependent on the government, they are afraid to take the risk and since many are greedy they are taking advantage of the poor. This is a big problem of our society that even Bitcoin can’t solve.
There isn't a perfect life even during the old times. If we're all rich, we'll never persevere and work hard just like most of us do. There is poverty for us to work hard and reach our goals. We could only eliminate poverty if all people would know how to take opportunities and persevere to change their lives instead of relying on the government. Very well said. The poverty can only go away when everybody will learn how to take benefits of available opportunities and make use of it by monetizing it to improve overall well being of their families. The governments alone can not eradicate poverty without active participation of people but government should create Skill centers where every body can take admission with minimal fee and skilled workers should be provided loans with minimum interest rate so that they can establish their own small business based on their skills, this can help a lot to reduce poverty.
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as far as I understood the question, in general, studying at an institution with an economic bias does not mean that you will become an accountant, but you will definitely have a certain financial literacy and this is now a useful thing
Absolutely right, studying economics in school will definitely give you understanding of basic of Economics and how to manage your personnel finance but it doesn't make you Professional Accountant. By the wat economics has very very large spectrum and it affects our life positively or negatively in every role of our life. That is why all governments try to improve economic condition of the country to improve their citizens quality of life.
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Forex is a huge market and you can make a lot of money from it. But if you do not have a lot of capital to invest in, you will not have anything there. Because the profit margin of winning is very small, so we need big capital to be profitable.
I think to win in Forex market, Huge capital is not the only key , you also need to be good at Technical skills/analysis which is more important to make entry and exit at right time as well as never placing an order without stop loss to save your capital from total loss otherwise your capital will disappear in weeks no matter how big it is. Once you learn and practice all rules of the game then making money is possible.
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Is there any tangible reason why binance exchange is been hunted? It seems they just hate success or what? Anyways no matter what they try CZ is a determined fellow, that's why binance made it this far, it's my best exchange and won't be changing any time soon
CZ has done great job by turning a small size Chinese exchange 5 years back into world's leading exchange. It is an incredible job without any doubt. Its exchange coin BNB has shown more than 1000% growth in such a short period. They made wonders in every field of crypto industry so obviously their Business rivals will not digest this all and do everything to create hurdles on the way to further success but Binanace is too big to fail now and it will continue its growth journey..
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I have been a day trader but want to know if it’s a good idea to hold bitcoin for long, whether it will be more profitable?
It all depends what are your priorities if you want to generate passive income then Trading is best but you have to learn rules of the game, means when to make entry and when exit by using Technical Indicators as well as safeguarding your trade by sop loss but if you are preared to hiold it for long term then be rest assured BTC will again beak its ATH most likely by the end of 2021. NOT A FINANCIAL ADVICE. DYOR
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Litecoin is actually a coin with great potential to pump. could be said to be a dragon coin candidate. but when the time will be we don't know, right now we only see the potential of litecoin without any significant movement, maybe we have to be patient waiting for a bull run for litecoin
It is certainly a sleeping Giant and it will certainly wake one day and go many X but when hard to predict. Most likely in the next Bull Run that is likely to happen by the end of 2021. It is mini Bitcoin and accepted in many European countries like Bitcoin and Ethereum, its transaction fee is also very less compared to Bitcoin and Ethereum.. Now it is in accumulation phase and good opportunity to buy on every dip.
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According to the present market scenario, several good currencies, such as XRP, TRX, and others, are decreasing due to various causes.I recommend investing at least $10,000 in XRP, TRX, and other similar currencies, since these coins will soon yield a significant profit margin.
The Good currencies are Top 20 and Preferably Top 10 are Good for long term Investment like ADA, POLKADOT and BNB and Matic potentially can go 10-20 Xin the next Bull Run. I am die hard fan of Polka dot which is complete blo9ck chain like Ethereum but much much efficient. It continuers to develop its network to add new features. Matic is aalso a complete network and continues attracting new projects as its Transaction fee is even less than BNB.
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Aslam-o-alaikum dosto ap sab ko Eid al-Adha mubarak. Walaikum salam, Apko bi Eid ki bht bht Mubarakbad or Allah tala hamri kurbanion ko kabool fermai or hamara Iman or Taqwa or mazboot kere or hamein apny deeni or dunyavi mamlaat ko isamil ki talleemat ki roshni mein ada kerny ki towfeek fermai. Aameen. or Pakistan jin androni or berouni mushkilat mein ghira hoa ha usy ahsan tareeqy se najat dilai. Aameen
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One of the reasons why binance smart chain becomes this big right now is because ethereum gas fee is very high and this force some projects to switch to BSC but what do you think will happen once ethereum gas fee goes lower in near few months? Will BSC faced same fate as binance DEX? Or BSC will remain the better option over ethereum?
I don't think Ethereum Gas fee will be lower in the near future, Ethereum team is making promises since 2/3 years but nothing has happened so far. Binanace smart chain has built good customer base and they will continue working on it. There are many successful Projects like CAKE built on BSC which has give huge reward to its investors during the past one year and I am sure all such projects will continue working with BSC.
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indeed there is a possibility that bitcoin/ethereum will replace fiat currency. but we don't know when it will happen, logically with the development of the digitalization era, it is possible for it to happen. but seeing the decentralized system used, I think it will take a lot of time for the government to accept it
Absolutely right. It will replace the current financial system though governments won't allow itb to happen so easily becuase they want to maintain current Centralized system which serves their interest. Bitcoin and Ethereum can potentially replace Fiat system and can be used to cross border transactions as well as to buy goods and services.
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G mujeh lag raha recover lehga shayad 1 hours me positive candle ban gya with volume btc me yeh hours ka candel bohot imported hai price ko es red flag k upr close hona parehga warna humara 28700 ka b support tot sakta hai
30K ka support tooth gia hay aur 28000$ ka support ko bitcoin aik doo bar test keray ga aur finally break ker day ga. Lekin jab everyone will think k we are going towards 20,000$ and bull run ended, ausi time c tu bull run start hoga.. Picture abhi bagi hay dost G Bhai, aisa hota ha akser k log jo kuch soch rehe hoty han Market es k bilkul opposite move le leti ha mgr mujhy aisa nhi lug reha ku k sentiment bht negative ha or Market lower low hee bnati ja rehi ha or 25k tak neechy jany ka imkan zaydeh ha. Agr es dafa bi weekly candle red close hoti ha toh yeh 13 months mein pehli dafa aisa ho ga k 3 consecutive candles Red close hon. Let's watch and wait.
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there are always something we can not consider wonder if you are buying dip now
Absolutely right. The market is very uncertain and making new low everyday so it is not right time to buy at current price. No body can correctly predict when and from where market will pull back. If still somebody is willing to buy LTC then he should adopt 3 steps strategy to dollar avaege your buying cost. Support and Resistance charts are helpful to take entry but use daily or weekly charts.
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Alhamdulilah, Dasu dam pe dobra kaam shoro ho gya ha or Pakistani workers ki jobs bi bahal ker dee gai han. Pakistan or China ki dosti bht azeem ha or hamesha rehe gi. Pakistan ko bi Ek responsible state ka role play kerna chaye or aisy waqat ko rokny k liye Pre-emtive steps lene chaye taky future mein koi aisa hadsa dobra na ho saky. Es mein Securities Agencies ka role bht ahm ha. https://tribune.com.pk/story/2311122/chinese-firm-vows-to-continue-work-on-dasu-dam
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The crypto market is largely part of Bitcoin, but there are thousands of other cryptocurrencies. For Bitcoin maximalists it is clear: Bitcoin is and will remain number 1 and Altcoins are just bad copies. With Altcoins, big profits are possible at best, but they are more for speculation. Bitcoin is there to advance acceptance and many altcoins destroy it again. There are enough examples. If there were only bitcoin, it would be a completely different market.
You said it. In deed, Bitcoin is King of crypto empire now and will remain in coming months and years because it is most De-centralized crypto and its supply is very limited, that is why it can potentially rise to Million Dollar as predicted by many crypto Market experts.. Ethereum #2 crypto is also good with very strong use case but its supply is unlimited and some how controlled by few people.
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With the increasing influence of Bitcoin in the world, more and more people are supporting and approving Bitcoin. Few mainstream media can directly say that Bitcoin is a scam. However, there are still many opinions saying that Bitcoin is a bubble, and this bubble will eventually burst. Many mainstream economists hold this view. They always oppose Bitcoin for different reasons. Economists are scholars who study economics. They have knowledge and social status far beyond ordinary people. Logically speaking, they should be more able to see the value contained in Bitcoin. Why are some economists always opposed to Bitcoin?
In my opinion, this is determined by the interests they represent. Many economists currently do not live independently. They need to depend on the government to survive. They need to help the government formulate various economic policies, financial policies, and monetary policies, so their starting point and interests must represent the government's will and interests. Therefore, in their world, the status of legal tender must be the most important and correct. On the contrary, they have forgotten the demands of the people and the interests of the people. Bitcoin stands on the side of the people, allowing the people to obtain their own asset freedom, and naturally stands on the opposite side of some economists.
This is my point of view, what do you think of this?
It is very easy to know why this is the case, after all if you are being paid to not understand something then it does not matter how many times a concept is explained to you it will be impossible for you to get it. Basically economists are invested in the current model and since they get their living out of it they cannot understand bitcoin at all, also this is a matter of pride, they believe they are the masters of the universe and for an unknown person to create the best currency the world has ever seen is something they cannot tolerate and as such some criticize bitcoin out of envy. Exactly, They are the beneficiary of current financial Model and make their living out of it which makes rich richer and poor poorer. The vested interests will always oppose any new Technology that can potentially challenge their interest but Bitcoin is here to stay and will replace the current financial system which is very un-democratic and serves the interest of elites but commons suffer.
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I do not believe much in the predictions, only the one I believe is that of PlanB's S2F, but nevertheless that scenario may occur, although I do not see it very well, but some expect BTC to fall to $ 24k, I do not think it is possible , but it is within the possibilities: The last support before a potential sharp drop is the zone around $30,000. If bears break it, the price decrease may continue to $24,000.
Bitcoin is trading at $31,396 at press time. Source: https://u.today/btc-eth-and-xrp-price-analysis-for-july-17The market is still very uncertain, it is likely that any scenario will occur, for now what is most opposed is that it is bearish, but the market tends to go in the opposite direction to what the masses think. You are absolutely right , the Market has been range bound since more than 2 months now and every week it makes new low but something big is going to happen soon either breakout or break down . The general perception is Bearish but perception is mostly far from reality. You have explained very well the scenario that is likely to happen in coming weeks but whales always move the market in opposite direction what general public thinks that is the lesson of the history and this is how whales make money in this market.
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Aik aur buri kabhar for Pakistan Kia bunay ga humara !!!!!!!!!! G Bhai, yeh koi achi news nhi ha mgr jahan tak meri maloomat han Pakistan or China k High Level officials es maslay ko suljhany mein lagay hoi han or yeh masla ahasan tareeky se hal ho jai ga or Pakistani workers ki job bahal ho jain gi. INSHA ALLAH. https://www.youtube.com/watch?v=dVCf7-IGECk
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