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601  Economy / Economics / Re: Economics is not fulfilling its true potential as a science on: September 16, 2023, 01:45:51 PM
First of all, the economists are not the ones that implement the rules. They just advise and give their own professional opinion, it's left to the people with real power to effect change.
I remember a certain time in my country when economic and financial bodies were stressing that we were heading into a recession at this rate, no nobody listened. The people in government just kept on with their daily lives as if nothing would happen. IMF even made warnings. They told the central bank many times to take caution but nobody listened till we went into recession.
So how do these economists stop economic meltdown when people don't listen to them or take them seriously?
Some climatologists have been singing about climate change for a long time but nobody takes them seriously. Would you blame them for the natural disasters and hazards we face because they refused to listen?

Another thing is Economics is not a pure science. The theories don't give the same result everywhere at all times.
Chorine turns litmus paper white anywhere, but an economic theory needs certain factors to give certain results.
An economic or financial theory or system that worked in an Urban area might not work in a rural area.
This is true, there are a lot of professors who have shown how we could get out of the current situation we are in and nobody cared about what they said as well. It's just a shame that people spend decades into mastering one thing that can decide the lives of tens of millions of people and they are not cared about.

Why did this person learned it so much if we are not going to care about them anyway. It makes no sense that the people in power are not the people who have the information that we need, and the ones who have the information that can make our world better, are not the ones who are in power. This causes the ones who have the power, to ignore the ones who can make the nation better and causes the nations to get worse.
602  Economy / Speculation / Re: Michael Saylor predicts Bitcoin can go to $5 million? on: September 16, 2023, 08:20:01 AM
If you frequently scream ludicrous things to the public to hopefully get your investment a lot of attention, at some point, people will get tired of your craziness and you'd get a lot less attention as time goes. This is a perfect example of this lol. He might as well say that Bitcoin cures cancer of something that deranged.
Exactly.
He should make up his mind. He's on the internet every other day making predictions for Bitcoin price. I like the man and genuinely have nothing against him however I think he should tone down on alm these predictions. It is very clear for the world to see that Bitcoin is going up, you know it, I know it, even those who want Bitcoin dead know it. Maybe he's making all these predictions to keep the minds of his shareholders are rest.
He is just trying to get heard. I mean when you look at what he does as a job, you will see why being famous or at least being heard matters. That is what I believe is the most important aspect of it and should be important to make it happen.

We are going to end up being a bit more careful when it comes down to having some sort of logical argument from him, but at the same time I do not think that we should care about him at all, let him say whatever he wants and it will be unimportant. Obviously some people care about it a lot more than the others, but I belong the group that cares less. That way I can do a lot more with my time than I could do otherwise and should be doing something that would matter.
603  Alternate cryptocurrencies / Altcoin Discussion / Re: $28M stolen from CoinEx - are your funds safe? on: September 16, 2023, 06:05:38 AM
A crypto exchange based in Hong Kong, CoinEx, is dealing with a security breach. They've lost a significant amount of ETH and TRON from their hot wallets (4,946 ETH and 354,762 TRX so far). The company is looking into it and has promised to reimburse affected users.
I know nothing about the exchange, but as we can see, that’s one of the reasons why we shouldn’t leave our coin on the exchange. Anything can happen to any exchange at any particular time, so leaving our coin there is really risky and dangerous. The exchange might not be popular, but even popular exchanges with good reputations and security are being hacked, so to be on the safer side, just get a non-custodial wallet and store your coin there. If the wallet is properly secured, then nothing will be wrong with your coin, and you will have total control of your coin, not that anyone will be controlling your coin.
Yes true, but people do trade as well, so when we are talking about exchanges being a bit of a trouble but also talk about trading, that means that you have to leave at least some money in there so that you could keep trading.

You can withdraw it every single night if you want to before sleep, but while trading you have to deposit that money back in and trade. They are not going to allow you to trade without having your money in there, and that means it is going to be a bit of a trouble. I hope that people could do a lot better on the long run, it should be great and could help you out a lot, we should definitely consider exchanges to be helpful in these cases, such as coinex allowing people to withdraw easily.
604  Bitcoin / Bitcoin Discussion / Re: We Are To Turn Bitcoin into a Global payment Network - Former PayPal President on: September 15, 2023, 06:02:25 AM
Bitcoin is already a global payment network with or without PayPal. They are just salty because people can opt out of them as a payment method. Smiley

Besides, do any of you guys want your BTC to be limited because you're making transactions to people they don't like?

How about paying a $2000 transaction fee to PayPal as a "good behavior tax"?
Paypal definitely wanted to make it work like paypal is the way to go if you want to make bitcoin related payments, but the reality is that you can do it directly without using paypal at all and that should be the important news to get out of this.

I understand that some people are a little different and they want the security of a company like paypal when they are doing something so that they are more defended but that doesn't mean that you are going to end up with something like that when you use Paypal, they are just lying about it to you that they are safer but if you know the address you want to send money to, then you should be fine and do a lot better and be a lot safer yourself without help of anyone else.
605  Economy / Speculation / Re: The future of Bitcoin: Bullish or Bearish on: September 14, 2023, 05:21:51 PM
it is always a matter of time mate,the problem is that people wanted easy money and that is also the reason why they keep losing and disappointed.
also why do we need to sek for easy target when we already knew how hard to gain here in this market unless you are willing to wait?
and talking about Future ,m that indicates the long term and not a 4 year cycle but the totality of time.
I can't really blame them, it is the marketing that is done about bitcoin and crypto that causes this. There are so many social media influencers both on twitter and instagram also at tiktok nowadays that end up promoting their scam basically where they say they could help you make so much money so quickly if you just follow their steps.

So, people assume that is possible and they think that they could make money quickly and then they realize that its not possible which will end up being terrible. I believe that we are going to end up with something that would be a bit more on the loss side and not profit. So that is why we should be careful about what we could do and that could end up with something better.
606  Economy / Economics / Re: for anyone interested in how much their personal data is worth on: September 13, 2023, 08:58:15 PM
Recently this year, I saw a thread from our country forum that they will pay about $10 for filling out a form that contains your ID and personal data, and surprisingly, a lot of people do it, even using their parents identities.
Small rewards but lose your personal data.
Nah, you're not lossing your personal data, but it will be shared and sold to anyone who's interested instead.
Most probably fraudsters and companies who's looking for a lead to sell their products are the ones interested in these personal data. Fraudster may use it to manipulate you or the others for their personal gain. Companies may use these information to find leads and potential sales.
These issue we are all aware of but tend to be overlooked as if it may not cause any trouble in the future, this explains why bounty hunters aren't afraid to put their personal info in the internet.
That is definitely true, I once saw a company (my mom worked there) who bought some huge phone number list from a company and they paid like 7.5k dollars for it, it was a huge list and then they made all their workers end up calling them up and make a sale to them as well. That was definitely not a good way but did they made a profit? Give or take they did.

This is why it was so important to pay for that list but if you are a person on that list that was annoying as hell, they would call you to sell something different every week and the more they sell the more they made a profit as well. I believe that's going to be the issue and we should not really be considering that as a good thing for people who have their information leaked.
607  Economy / Trading Discussion / Re: Bitcoin transaction on: September 13, 2023, 03:15:58 AM
Beware of scammers

It has already been explained to you why your transaction did not go through and how you can fix it. If you have any further questions, please post them.

However, I would issue a warning here: If someone contacts you and offers to help you, check their profile and only let people who have a good reputation help you. Otherwise it can be that your counterpart wants to cheat you and demands e.g. payments from you. Do not go on it in any case and / or post such requests here in the thread to let it be checked by several people.
Beware of the scammers could probably  be the most important thing to say to a newbie because there are so many newbies who also fall victim to scammers that look like a real business. Everyone thinks that a scammer looks like a shady person who tries to convince you, whereas you could fall victim to scamming even without talking to anyone.

You look for something, let's say something that speeds up your transaction, you send some money to them, and then they just take your money and do nothing, that's a scam too and nobody convinced you to give your money to them, you just checked the website and thought that was a legit business when it wasn't. So always make sure that you use things that are proven to be working fine.
608  Economy / Speculation / Re: Volatility and its effect on: September 12, 2023, 07:46:49 AM
I was compelled to reply to your post due to many errors I found and I hope this corrects it.

Volatility, Liquidity and Market participation work hand-in-hand to define the condition at which the market moves. With low liquidity and market participation, the market could be very volatile and could also be manipulated as well, which is why we see some spikes and haphazard movements at times when the market is speedy. This could cause some unrest and whipsaws as well, conditions that are not good for trading. However, it's often difficult for the market to be manipulated when the liquidity and participation are high. This is when you see the market smoothly sailing towards a definitive trend without much of the dangerous moves.

Mind you, any market could experience high or thin liquidity, gold is not an exception, and when it comes to volatility in the market, gold is one of the assets on the high side, it's volatile.
The low amount of liquidity causing a lot of volatility is the hardest part of it all. I understand that it is not that simple to make it go up in volume, because liquidity lacking is a problem with a lot of low coins and that's an issue, but we can't fix it aside from finding more liquidity and many of them can't find it even if they try hard for it.

So long story short manipulation due to low liquidity is very common at low cap tokens and that's something that cause a lot of people to lose money as well. One whale could make it go up a lot all by themselves, make it trending and liked by a lot because of how much it went up, and then they could sell it to all those new buyers to make their profit from it as well.
609  Bitcoin / Bitcoin Discussion / Re: Don't wait for the bottom without buying in the Dip. on: September 12, 2023, 04:46:39 AM
That is a great summary for anybody that tries to buy the exact bottom in a bear market. I have tried it myself several times in the past and never succeeded, it just seems impossible to find the point in time when all the investor decide that the crisis is over and now it's time to buy again. It involves a lot of research and luck to make the right call and we should be asking ourselves if it's really going to be worth it. The longer we wait for prices to fall to the bottom, the higher the chances that we are going to miss out on the recovery. That is also why DCA became such an interesting method to use for our purchases. Buying fixed amounts of Bitcoin over a long period of time enables us to take advantage during longer bear markets and our average purchase price is still going to be good. I have been buying Bitcoin all throughout 2022 and stuck with the DCA method instead of making one large purchase at the bottom. The advantage is also that I have free money each month that I don’t spend from my salary which I than can invest in cryptos. Spreading out my purchases over a longer period of time takes out a lot of pressure from finding the optimal purchase price and I also don’t have to invest so much time on research.
Yes this is definitely the issue for so many people, who shouldn't do something like this. I mean it's obvious that it's not going to be that simple and yet some people still end up with these type of mistakes and they wait for too long.

If you wait for too long then you end up missing the point of why you wait and that causes a lot of trouble, I believe that it's not going to be something that will make that much change. I hope that it gets to a point where we end up with a better result. I think the best thing to do in this case would be making sure that we end up buying a bit now, even if you want to wait more, at least buy "some" now so that you would be doing a bit better on the long run and could do a lot better.
610  Economy / Gambling discussion / Re: Germany League - Bundesliga Prediction Thread on: September 11, 2023, 05:23:59 PM
If Dortmund really wants to get the Bundesliga title, it actually very easy, like what happened last season, its one step closer to the Bundesliga title, but its like Dortmund gave up not getting the title even though it very clear that if they win enough matches, Dortmund can get the title.

however, we have to accept this fact that Dortmund will not be too concerned with the title but more with producing new talents and if for several seasons Dortmund does not sell its reliable players, perhaps Bayern munich and Dortmund will always compete strongly for the Bundesliga title every season.
It's not a new thing, they choose to make money from their youngsters instead of utilizing them to get trophies and they've been the strongest team in the Bundesliga and probably had got the title from Bayern Munich if they kept most of their players in the club over the years, all they do is scout young talented players get them for cheaper fee and develop them into future world class players then sell this players for a very huge fee top other top European clubs when they've Proven themselves.
 For instance imagine if they still had Sancho, Haaland, Jude Bellingham and several other top players they sold, i think the team would had been very tough for Bayern Munich to handle and such team would perform well in a Champions League competition but no Dortmund choose the Financial benefits from player sales over trophies.
But why though? Wouldn't it make more sense if they won the cup and then sell their players? I mean if they win and then sell, that would cause the players to be at least a bit more expensive, if they kept Sancho and Haaland and Jude and then won the title this year, they would have made 300+ million from them (and remove release clause from Haalands contract).

This is going to be tough for them to keep finding young talent, it is not that easy to get them and they may end up with a few seasons where they are not making that much money which will hurt them even more financially. They should aim at winning the title as quickly as possible so that they could sell their players for a lot more money and do a lot better.
611  Alternate cryptocurrencies / Altcoin Discussion / Re: Only good coins are listed on top exchange? on: September 11, 2023, 01:24:51 PM
I still do not believe that people could do something like that, it doesn't make sense at the moment and I think we should not consider the situation to be a lot more different than what we have so far. I think we should consider this to be something a bit different and we shouldn't really be considering the coin listing as important thing all that much.

I believe that we are seeing listing as much more important than what it is most of the time, it is not really a big deal and it shouldn't be considered as a big profit making method. I get that some people get hyped about it, but like you said it becomes a pump and dump when they get listed unless they are proper good coins and that's a way people could make a loss.
Maybe consider this as good factor but it cannot tell everything we should know that to many altcoins listed on top exchange but still experiencing heavy downfall. So for that series of cases we need to vigilant especially if we want to hold and choose only the top coins since we can assure that they have more bigger potential to pump or may have a bull run. I also research and see how the token devs perform their duties since maybe we can gather an info if they already abandon their project or doesn't give any good updates to help their token.
This means that if you want to invest into something then you need to "do your own research" which is always the case and been said so many times and people just don't do it. I mean how many times have we seen people end up making a mistake regarding this? I mean we have seen it change so much and it resulted with it being something so much different, I just feel like it has to be something different and difficult in the end.

I believe that we are going to end up with a result that would be not that easy and should be considered difficult in the end. I think it is going to be tough, but we could end up with a result that would be a bit tough, it needs to be something that has to be done the way it should be, and not take any risks.
612  Economy / Economics / Re: Building wealth it's not just one time Luck on: September 11, 2023, 11:40:45 AM
I really believe that successful people are born from hard work, discipline and consistency. Don't worry too much about external things, but focus on improving your own skills.

In my opinion, there are actually four ways to build wealth to become rich.
1. Dreams (the dreamer) = dreams are the goal of our life, what is the current context, wealth, that is, you already have a dream of becoming rich.
2. Sever and investor (saving and investing) = saving and investing is a way to achieve our dream of becoming rich.
3. Company climber (job + position) = well, how do we want to earn money without working (honest, professional) and also if we don't save and invest, how can we achieve our dreams.
4. Vertuoso (skills) = well how can we get a job if we don't have skills, and how can we earn income without skills?
Yeah, no matter how hard you work, and how much you save, a simple worker can not get wealthy without investment. You may make a lot of money, but you are not going to be rich, at least not where I live.

You are going to be a lot better than rest of the people if you end up with a good position at a good company, but it is not going to be that much of a simple solution neither, it is going to be a tough deal. When the time comes, if you saved enough, you should start investing that money into bitcoin and then when bitcoin goes up you will have a chance to get wealthy as well. This is why you need to be smart about the money you have and even smarter about the money you are going to have in the future as well.
613  Economy / Gambling discussion / Re: Gambling by financial dependents. on: September 11, 2023, 12:32:59 AM
It is definitely a problem when a teenager is gambling with money that is not even theirs, however most of the time this is just part of what being a teenager is about, as when we were that age we did all kind of crazy things that when we think about it the first thing that comes to our minds is what were we thinking? However an adult that is also in that situation is a completely different thing, as they are immersed in a very unhealthy dynamic with their family by not earning their own money at that age.
That's exactly the point, so IMO, no blame to cast here. As a teenager, you can get some pocket money from your parents, or you could even have some rich uncles and aunts that can give you anything you want as long as you just ask them for money, they can give you. Yeah, it is quite understood that teens do some sort of crazy stuff and cannot really take the blame for all. As a teen, you can decide to do anything with the pocket money you receive, whether you use it to buy some snacks, play video games, or gamble. The reason is that you are not yet old enough to be dependent on yourself or start making your own money. But for an adult, it does not make any sense to still be fully dependent while the person is not disabled. Perhaps the person is physically and mentally fit but just too lazy to work, make money, and use their money to do whatever they please.
Basically, the word "dependent" makes it sound like you are incapable of making money, but there are other ways too. Like for example your father may have 100 houses that he rents out, or he owns a huge factor that makes millions of dollars, that makes you not needing to work, if you have millions of dollars worth of income, and your father gives you 100-200k a month, why would you work? If you do not want to, then you do not have to and that is totally understandable without a doubt.

However, at the very same time, we are talking about a situation that would be different if parents are forcing themselves if they are trying to look after you, that's not what I mean. In the end, I agree that teenagers makes mistakes, that's understandable.
614  Bitcoin / Bitcoin Discussion / Re: Government vs Bitcoin on: September 10, 2023, 03:23:15 PM
Governments are not stupid, my friends. They know all the benefits of bitcoin for everyone, but for them, it is not beneficial for them. What they are building is a centralized system to control us all, whereas bitcoin is decentralized and gives us freedom. If you are a government, do you see any benefit here when your centralized system is threatened by a decentralized system? What they're doing to us makes us feel uncomfortable and wrong, but to them, they're protecting themselves.
I do not agree that it is not beneficial for them. Just because they can't control it directly, doesn't mean that they can't control people. And just like how they let you have gold and stocks, they could also let you have bitcoin as well.

Let's take a look at it from an American perspective, USA is not controlling the price of gold, they can try, but they are not doing it all by themselves that easily, they would have to spend insane amount of money and the same way could be done for bitcoin, or stocks, stocks in the USA could be manipulated by the country, but they can't stop someone from buying stocks in another nation, which they can't control. So bitcoin is as controllable as any other asset and they just tax it.
615  Economy / Speculation / Re: BTC Sentiment Poll for September on: September 10, 2023, 12:56:46 PM
^  It might be another September red candle or we're due for a green one.  Wink Wink Wink  We really can't tell with these things.  No matter how hard we try to make the right predictions, all we can really do is make the trade and hope we're right.  All we can really control is when and where to take our stop loss.

Anyway looks like the sentiment is split between sideways and up.  I'm on the same boat.  I think we're due for a leg up.
Well, to be fair it has been red for too many years in a row, and that should be "some" indication on how it will do. Doesn't mean it will be red again, it could be green for sure, but it just means that we are looking at something that is inclined to be red, if we let it be then it will go towards red without a trouble.

We need to step up and do it a lot better and should be making a profit that way, but that requires us to put in some good amount of money in there, without that we can't really do it. I know that it requires some time, but I think it should be important to make it happen. This means that we all need to start buying and holding, and we can't do it all together like a pump, but we could at least do it within this month.
616  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Top 10 Crypto and It's Targets for Next Bull Run on: September 10, 2023, 08:09:01 AM
In short, everything relies on Bitcoin, once Bitcoin just pump and pump, everything follows especially the top altcoins right now, Ethereum is the best example.
The numbers from OP seem realistic, but we need also to consider the time here, like when and how. This number is high and I believe it really needs more time.
In normal circumstances you are right, because I have never seen any other cryptocurrency that get accelerate without the help of Bitcoin getting increase before any of them, so when Bitcoin get increased other coins follows the same methods of Bitcoin to be accelerated, that is while I do encourage people to make sure in any of their cryptocurrency investment they should make sure they have research in the coin before investing because when a coin lack's potential the increment will end immediately Bitcoin is experiencing bearish and theirs every tendency that the coin might die off on the process.
Yeah true, researching all the coins that you should would end up with a greater return without a doubt. Most people end up with not the right way and unfortunately that causes a lot of troubles. I believe that the best thing to do would be to make some profit one way or another. In order to do that you need to be careful about it and you should be causing some sort of return when you can.

I get that some people are not careful about it but they should be doing much better job in the end and should be making a good profit. I think research is the way to go, if you know every detail about the thing you buy, then you wouldn't be surprised when something happens, unless there is something nobody knew about it of course.
617  Economy / Speculation / Re: Should we rely on prediction? on: September 10, 2023, 05:35:54 AM
That's precisely why it's termed 'prediction'—there's no assurance that the anticipated price will materialize. Due to its inherent volatility, the market is undeniably unpredictable. Relying solely on experts' predictions could prove detrimental to your future in cryptocurrencies investing. From my observations, many predictions made by experts turn out to be inaccurate. This is a major reason why numerous individuals experience losses in their investments, often due to blind adherence.
That's the point, those who invest do believe so much on those experts predictions and they follow it in making their own decisions.
It works for them but I believe that they have lost 85% of their investment because rely on predictions. I don't believe that what's happening to bitcoin price (the dip) was predicted before it happened, I'm not saying that experts don't get it right at times but we shouldn't pour our eggs in one basket.
I would say that buying long term shouldn't really matter on prediction and that is what people should do. If you are buying because of an expert then you are going to end up not being happy about the outcome and that is a tough one. I understand that some people may end up with a result that is not going to be good at all, and some people may prefer to have some sort of situation where it is not going to be profitable, but that doesn't mean that they are going to end up with a terrible result.

I think relying on the experts is the worst case, just buy it whenever you feel like it is the right time to buy, and if you are wrong and it goes down then you could hold it a little longer and sell it later on when it goes back up.
618  Bitcoin / Bitcoin Discussion / Re: What are the reasons behind this picture being used to depict Satoshi? on: September 09, 2023, 04:21:51 PM
We all know based on what we have heard, that Satoshi Nakamoto is anonymous and till date nobody knows who the real Satoshi looks like or resemble.
Yes, what we heard is true, nobody knows who exactly is the real Satoshi. But since BTC was created and became popular, there have been debates on who exactly is Satoshi, and because of that we get:
1) People who tell lies and claim that they are Satoshi, like Craig Wright.
2) People who are falsely accused of being Satoshi, and they have denied it, like Dorian Nakamoto.

Unfortunately for Dorian Nakamoto, he fell under the second category and really went through a lot, because his privacy was exposed and he was harassed constantly with questions and interviews, even after he had denied being the creator of BTC. Because of this, in 2014 Andreas Antonopoulos organized a fundraiser to say 'sorry' to Dorian for all he went through, and the BTC community donated a lot of money to him.
And the sad part about him was that Dorian Nakamato never claimed that he was satoshi neither, I would understand if he was going around saying he is satoshi and all, but he never said something like that and I think that is the saddest part. Other people claimed that he was satoshi, and just because of that he had to go get some sort of scrutiny by the police and all that, that is quite terrible and I feel like that is going to end up with a lot of trouble.

I know that it will take some time but at the end of the day it is going to be something that is understandable. I hope he is doing fine now, I have never followed up on what he did after this but I think it must be a hard life to live if people think that you are satoshi.
619  Alternate cryptocurrencies / Altcoin Discussion / Re: How do you find new meme coins early? on: September 09, 2023, 02:39:50 PM
There's no lack of memecoins, all social media like Twitter, telegram reddit everywhere you will find the promotional news of new memecoin but there is no guaranteed step to follow and find out new good meme coin in early stage. Before investing, look at some memecoins charts! Most of those are dead after a few month of launching.  Promising team, biggest community, pre announcing partnership really doesn’t make you help to find out good memecoins. But shit memecoin is everywhere, no need to give much effect to finding those
Exactly, and it totally depends on someone's luck because finding and investing in meme coins that then might become very popular due to community or celebrity hype is basically the reason why meme coins become famous and gain so much value. We say that gambling is purely based on luck, so investing in a meme coin is basically gambling, if you are lucky, you might get something on top of your investment, otherwise, you will lose whatever you've invested.

I don't find meme coins to be worthy of any investments because they are not real cryptocurrencies, and trading is not gambling, if someone wants to gamble, they can go to a gambling platform, choose a game and gamble their money there and they might get something out of that. When you enter the market, you ought to do proper trading by buying and selling proper cryptocurrencies.
That's not worthy of investing though, just on the off chance that it might get hyped due to some unknown reason. I mean how would you know if a celerity will pump it or not, you do not know that and you have no idea, you just make a guess about it but you could be very wrong and all that pump could turn into a dump and you would not make any profit at all.

I get that it is not that easy, and I get that it is going to be tough, but that doesn't mean that you are going to end up with a good result that quickly, it is going to be quite tough to handle something like that. I hope that it gets to a point where we could end up with a good result, but I am not sure if it is going to happen that quickly neither about it.
620  Economy / Trading Discussion / Re: Seeking Passive income offer with low risk on: September 09, 2023, 03:49:55 AM
If you want to receive a low-risk income you can buy treasury bills or government bonds from reliable countries, which will give you an interest, which we can consider passive income, but which does not actually beat inflation, so you are actually losing money.

If you want to beat inflation, the investment is going to have more risk, and the higher the potential return, the higher the risk.

You have been given some advice in the thread. What I would recommend is to buy bitcoin now and start selling partially when the price breaks the ATH of $69K and when it breaks $100K or close to it. You can make a 3 or 4X in a short time, which is not exactly passive income, which is usually understood as receiving a periodic income, monthly for example, but it is quite passive and a fairly safe bet.

Although I recommend that you never sell all your bitcoin.
Isn't that the worst Cheesy. I get that the lowest risk things are those, but we all know that they are so terrible that it could even sink a bank. Banks who bought those with the money they had in their vault, ended up spending a lot more to people who invested with them, and that resulted with the gap being a loss and banks are not managed properly, they are stretched too thin, has always been like that which means that they keep making a loss for just a few quarters and they end up bankrupting.

This is why people should definitely not do it, that will be lower than that inflation rate and you are not making an income, your money goes up, but your value goes down and you are actually making a loss if you look at it that way.
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