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I think money is the key to empowerment. Power expansion is not possible in today's world without money. I think it is nothing but foolishness to think that money is the key to achieving power but also the key to achieving peace.
If we look from the ancient times then we can have a better understanding of the meaning. In ancient times, the zamindars starting from the king-maharaj used to oppress and collect money from the subjects under him only for money. One of their main objectives here was to earn money and expand power.
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If we want to talk about inequality and equality in society then equality and inequality in society exist only in stories or in different textbooks.
We see some warning written before various dramas or cartoon videos saying, "The characters, place and period of the said drama have no resemblance to reality". At present, the equality and discrimination of the society is almost like this.
But, I will not say that the social system of all the countries of the world is like this. There are many countries in the world where social inequality is real and noticeable.
I agree with your statement 100%. Karan The social system of more than half of the countries in the present world is just for show. Every street in their country, every advertisement says stop discrimination. But in reality they are the ones who engage in more discrimination. Which is very shameful. |
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Poor people need a solution but do poor people really find solutions to their own problems? About 80% of the world's poor people's thoughts keep them poor all their lives. For example, if you give a certain amount of money to a poor person to spend on their own work, you will see that instead of helping them, they will buy more clothes, furniture, mobile phones, etc. But don't invest in a place that will be of use to them in the near future. On the upside if you offer them a specific job opportunity without paying a specific amount of money. But they will stay with that job, they will not look for another job if they have one job. This is why I think poverty is a human problem.
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From my childhood I have learned from my family that keep studying little by little and you will finish all your studies before the exam. This is the same thing I said with @JayJuanGee's Buy the DIP, and HODL! I also learned from Thered. Although there is no specific time in life like our daily exam that your success will come at that exact time. Even this small investment can be considered to be by your side at that special moment of your life, and we humans live with this hope. By doing DCA many small investors today are on the golden pinnacle of success. I will also be depositing bitcoin via DCA very soon.
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Bitcoin went from $69K to $70K in the last few hours. Which is a happy thing for investors. But if we look at the back market like the 2021 market, we can see that the price of Bitcoin went up to $68k. Which was its all-time price of 2021
According to the US Securities and Exchange Commission (SEC), the price of Bitcoin has increased by almost 50% in the past 1 month. Which gives a special glimpse of the current Halbing year. We all more or less know that Holling comes every 4 years. Such tie bitcoin holders expect that the price of bitcoin this year will be higher than the price of 2021.
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PROOF OF REGISTRATION
Forum Username: Antonil
Telegram Username: @antonil20
Participated Campaigns: Signature
ETH wallet address:0x733F6A1AFc9a01575cF99762e103E59d46Ed2b1b
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We are really glad to see such a thoughtful question from you. You will be happy to know that this thread will teach you several ways to invest in Bitcoin.If you are a small investor, then DCA will be a good investment method for you.A simple calculation of DAC is: You will invest 1/3 of your income over a period of time. And hold bictoin for a long period of time. If you hold in this way you will become a big investor after a while. For more details about this see below thread : Buy the DIP, and HODL! |
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My Count down to Member Rank
Number of Merit(s) left: 6
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I have been fat for the past 10 years. I was referred to an experienced dietician last 2 months to reduce my fat. He gave me a list of exercises. That list says to do 10 pushups twice in the morning and afternoon. And it is said to increase the number of pushups day by day. I am doing 30 pushups per day by following his advice. And after reading this thread I did 60 pushups in the last 2 days. In this way slowly I can do 100 pushups a day.
Similarly according to today's market bitcoin price is 71K which we think will be 100k very soon. I think if you hold bitcoin at the moment, you will see a good profit in the future.
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We all know that after mining 21 million bitcoins no more bitcoins can be mining. Already 19.5 million bitcoins have been mining. But its demand in the market is increasing day by day. Which is a huge opportunity for bitcoin holders or investors. Apart from this, we know that the bull run is going to start this year itself, a special example of which is seen almost every moment. Even last 1 week ago Bitcoin price was $48k, which today stands at $51k. All the past patterns are there to understand that now is the time to invest in bitcoin. Which will not let you down in this era of bull run.
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As a new investor I can say that if you want to hold bitcoins, you should hold bitcoin in DCA method.
As a new investor I don't think it requires much knowledge.
(Though the saying goes that knowledge is king)
But once you go to the market, you can learn all kinds of things by yourself.
DCA is a good strategy for holding Bitcoin.DCA means buying and holding a fixed amount of bitcoins every week or every month. You invest 1/3 of your income over a period of time. You cannot hold on to your entire income or invest too much at once. At any one of your perils you feel like withdrawing this full amount.Which will go against your dream of holding bitcoin.
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First-of-all thanks for the OP. I came to Bitcoin world in 2021. But I didn't really know until the end of 2023 that Bitcoin can be held or what Bitcoin holding actually is. Over the past few months I have been getting a better understanding of Bitcoin holdings. And I am gaining knowledge little by little from all these sets of bitcoins. Also I was offline for almost 1.5 year at the end of 2021. Then I came to the Bitcoin world again.
Anyway, at this time today I thought I would hold bitcoin. But I belong to a family who are not in a position to help me financially even after seeing the benefits of such work. So I was a little worried. Reading your thread today has given me a lot of relief. I learned a lot of new things. I have now made up my mind to save some money and hold bitcoin for the foreseeable future. If you have any more suggestions for me about holding bitcoins, you'll help me as a little learner of the thread.
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In my opinion, whether you think literally or theoretically, Bitcoin's price will never go to 0. Because Bitcoin is a dream coin for the people of the world which obeys a restrictive rule. And it cannot be mined after the specified amount is exhausted.
But almost everyone wants to have some coins with him. Due to the increase in price, it is not possible for everyone to buy. So when the price goes down, everyone will buy bitcoin and start holding it. If Bitcoin is held more and more, the demand in the market will increase. Then as soon as the price increases, all the holders will start withdrawing their accumulated coins. As long as this process exists in the world, the price of Bitcoin will never fall to 0.
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People who know about Bitcoin are increasing their bitcoin portfolio. I am a lerner to this thread. I've been following this thread regularly.
I am a small businessman. I have often heard discussions about Bitcoin in various places but did not dare to buy Bitcoin because the price of Bitcoin is too high which I cannot afford to buy at once. I came to know about Bitcoin last year when the price of Bitcoin was around $21000 but despite my strong desire I could not purchase Bitcoin because I did not have enough money.
But when I came across this thread I was glad to know one thing. I understand that a small amount of money regularly used to invest in bitcoins and how can i increased my bitcoin portfolio.
This is a great opportunity for me. I will be able to grow my bitcoin portfolio regularly by keeping small amounts of money in bitcoins. By doing this, one hand my business will not have any problem and the other hand my bitcoin investment will also increase. I want to invest for long term. As my investment volume will be low in that case I think nothing to lose.
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The year 2024 is going to be a special year for Bitcoin holders. Because we all know that Bitcoin halving happens every 4 years. Nothing to tell apart, Bitcoin halving means a bull run and a bull run means the price of Bitcoin has risen to an all-time high.
Every coin holder waits for this day.
However, as you wish to trade, you should always remember that by trading correctly you will earn this year, just as if you make a mistake, you may have to pay back all your previous earnings.
So, I think if you are an experienced trader then congratulations. 2024 is waiting for you.
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