Yeah, these are the latest two ones, there were also Arkham and Pendle coin a few days ago. They will also be listed on 15th of August if I remember correctly, thus, there should be some market hype at the moment they're launched for trading.
I'm not blaming Binance, nor am I a fanboy of them, it's just looking a bit manipulative to promote coins that are hyped the moment they're launched into the platform. It's business, however, their developers pay large amounts of money to be listed on Binance. It's no different from paying a digital marketing company for promotion.
Generally, a few of the coins that I've noticed being promoted weren't crap projects at least. CyberConnect and SEI don't look too bad themselves and have some potential and purpose in them. I'm not sure if that's been done on all their promotions of course, probably not.
I'm quite surprised, I hadn't seen SEI being traded anywhere, but there it is, at approximately $0.20 per coin, not too bad and this number is expected to rise after it's listed on Binance.

The issue is that nowadays, it's much more expensive to purchase a house. The analogy between income and the price of an average house is out of proportion. Past generations were able to build and purchase houses through work, perhaps with the help of a loan, but it was manageable for the average laborer to have his own house, provided that you worked hard for it. Now, you need to be working at a job that pays well above average to afford that.
Usually, it's couples that share the cost of renting and utilities or people earning an above-average wage, but in the first case, it's not ideal either. I also have a partner to split the rent with; however, with the increasing cost of living, you'll hardly be able to save, let alone invest towards a better future. Of course, people are more keen on renting their homes for a few months, which generates a greater profit than renting all year. Some go even further and rent to students or teachers that are temporarily relocated in the winter months, a combination that vastly increases their income.

Okay, it's certainly a great amount of money, but your country of residence actually makes a huge difference. $600,000 in the USA is a few years worth of salaries, provided that you've got a semi-decent job and you're not working minimum wage. In a third-world country, though, you'd be pretty much rich. Where I live, the approximate salary for the whole year is about €10,000 (or $11,000); thus, $600,000 could be enough to survive your whole life if you're a modest spender.

Apart from that, the worst mistake most lottery winners make is to spend their money recklessly, buying stuff that they wouldn't be able to afford normally and that is in high maintenance, which only increases their expenses in the long term. That's why a large number of them end up completely broke a few years later. Huge shame, though. Be lucky enough to win the lottery, but at the same time, be a complete idiot and waste all of them when you could have invested and passed on for generations to come.

Where are you from, if you don't mind me asking? There might be some special requirements regarding your country of residence that make one of your documents not valid for their KYC process. I'm not going to get into details yet. Unfortunately for you, the only person who's able to solve your issue is you, along with their customer support. I've had a similar thing happen to me with the Xapo wallet; they wouldn't verify my details, and when they did, they blocked me out of my account and practically confiscated my balance.

Although, judging from the recent Google reviews, it's an ongoing issue for other users too. I wouldn't be surprised if it's just an excuse to confiscate your money, and all this is a simple act, hence why your documents aren't being accepted.

My mentality is to take into account the worst-case scenario and proceed to hope for something a little better than it. Just because Bitcoin has shown a specific pattern in the previous halvings, it unfortunately doesn't necessarily mean that this same pattern will be repeated this time. I'm not claiming that it's not going to happen, but as I said, in order to be prepared for whatever happens, I tend to look towards the possible negative outcomes. Personally, I'm quite positive that we'll see a recovery, possibly a new ATH too, but as I said, my expectations are always low for a reason; thus, I'd be perfectly satisfied with a minor recovery of approximately $42,000 within 2024.

That's true, they used to be listing tokens on an almost daily basis. They've stopped now, could it have something to do with the SEC lawsuit? Who knows.
Certainly, in business, it's all about money. However, doesn't this resemble a pump-and-dump scheme? One of the coins I tried participating in during one of their launches was Alice. It was pumped the second it was officially launched for trading, but died down shortly after when the hype slowly decreased, and now it's barely surpassing $0.90. Certainly, Binance isn't to blame for people trying to take advantage of these hypes, but to me, it looks like a poor and short-term way to promote and manipulate random tokens.

Hello there,

I don't know how exactly to phrase it, nor do I know if what I say is accurate; it's just how I see it. Binance has been frequently indirectly promoting newly launched tokens on their platform, either by airdropping them, by completing quizzes, through pre-sales, or by farming them through their Launchpad. What are your thoughts on this? Could we claim that it's some sort of manipulation since a large number of these tokens that are listed through one of the previously mentioned ways are pumped the moment they are launched in the market and start being traded? I don't have many examples right now because I've stopped tracking how many new tokens are being added on a weekly basis, but for instance, Binance is now offering to farm CyberConnect and SEI, which I'm also farming myself. There's no information about their price, nor can they be traded on the platform yet, but I wouldn't be surprised if they're hyped the moment they're launched.

What are your thoughts on this? Do you believe that it's a kind of manipulation and/or some sort of reward for Binance for promoting newly created tokens?

You can probably relate to what I'm stating.Turkey also receives millions of tourists and is also a great country for digital nomads due to the relatively low cost of living, at least for outsiders who receive their salary from abroad.
That's true; technology is evolving, and the world is rapidly changing. A few years ago, we wouldn't have thought that a pandemic would lock us in our houses and enable remote working for a large number of companies. Remote working has minimized borders and enabled people, both locals and foreigners, to work from home and be employed by a company not situated in the same country. Thus, it's not surprising to see a decrease in available housing. The combination of all these factors—AirBnBs, tourism, remote work, COVID-19, and so on—has affected the housing market tremendously, and there's no simple solution to this matter.

$50 per day would require a decently sized capital, which means that you should be accustomed to risking your money. Are you up for that challenge? I used to make approximately $40 to $50 per trade with a capital of approximately $500 to $600, which is about 8% to 10% profit depending on the amount I invested and the occasion, of course. See the keyword I used, per trade. I wasn't conducting transactions on a daily basis; it depended on the market situation and how everything was performing. I'd usually buy BTC, ETH, XLM, or some other coin, hold it for a few hours to a few days at most, and then proceed to sell it. Most of my trades were successful and I never suffered any major losses, but I decided to stop because it was way too time-consuming and stressful.

It's pretty stupid to claim that Bitcoin is being used to promote criminal activities; fiat was always the number one means of payment for that. This is a common misconception about Bitcoin and generally cryptocurrencies due to the Dark net markets, such as Silk Road, which were notorious for selling illegal substances, counterfeits, and who knows what else. But aren't these illegal goods being sold on a daily basis, basically in a public setting, right on the street, along with illegal, unregistered guns? I'm not saying that Bitcoin is 100% innocent, as these markets use it along with other cryptocurrencies, but their purpose doesn't promote corruption or crime. Fiat has been responsible for that since forever.

I was just about to post this. To be honest, I'm not surprised that they're entering the cryptocurrency world. Quite a few years ago, they were against them at first, then they integrated coin purchases into their platform, and now they're launching their own stablecoin. Not surprising if you ask me. On the one hand, I'm not too fond of major financial corporations entering the cryptocurrency world, but on the other hand, there will finally be a competitor for USDT, in which FUD and rumors are always circulating.

I see plenty of negative feedback for PayPal; however, I've been a regular user of PayPal and eBay and never faced any major issues. I don't use them as regularly as I used to, but I still occasionally prefer them for purchases due to the safety they provide, at least for buyers. I've heard quite a few stories of users abusing their chargeback function in order to receive goods and services for free.

I understand why landowners gravitate towards short-term rentals; within a matter of a few months, they're generating a larger income than a whole year of renting long-term. It's perfectly understandable that they want to earn as much money as possible from their properties. The issue is that governments didn't take the matter seriously from the start when it was presented, and it quickly got out of hand. A simple example would be strict monitoring and taxation, with the threat of massive fines if their income wasn't declared. That would possibly deter someone from going through the whole process of renting short-term and all the requirements that your property needs as an Airbnb (the necessary equipment, cleaning, and so on).

$600,000 is an extravagant amount of money, but depending on where you live, it may not be enough to ensure your survival without any other sort of income, especially if you don't manage your money properly. Personally, I wouldn't change much in my lifestyle; I'd move into a slightly better house and possibly purchase a newer car, but that's about it. The rest would be invested in Bitcoin, as gaining $600,000 would be a once-in-a-lifetime opportunity, and such an amount of money isn't easy to come by naturally. With proper management, this amount of money could lead to great investments and multiply it for the next generation. Thus, It's easy to say that making money is far easier when you're wealthy.

No two investments are the same to be compared, especially something as different as Bitcoin and real estate. Even the stock market, which is quite similar to cryptocurrencies, is completely different. Even though real estate is deemed a safe investment, due to the increasing demand for housing, whether for short-term or long-term leasing, it requires a large amount of capital that the majority of us can't afford. Thus, resorting to taking a loan is not only increasing the risk but also putting you in debt, which is dragging your investment many years behind.

Bitcoin, on the other hand, has shown great returns, especially in its early days, which is the main reason why investors keep saying that Bitcoin provides better returns than any other investment. This claim is relatively false, and I'm saying relatively because the returns differ a lot depending on the time period you invested. For instance, if you bought Bitcoin right before Elon Musk did, you'd purchase it at a price X, which was massively smaller than the price after Elon's purchase, leading to huge returns.

The point of this thread is to congratulate the OP on his first purchase, and I wish him well in pursuing his goals in the cryptocurrency industry, with the DCA technique being his best option now. There's no point in comparing Bitcoin with crap pump-and-dump coins, real estate, or stocks. Everyone has a different opinion and that's totally fine.

Although cryptocurrencies, especially Bitcoin, have shown great returns compared to other investment products, it's also worth pointing out that returns from any kind of investment are never guaranteed. With that being said, even if you invest in an attempt to counter inflation, there's still a decent chance that the results you're anticipating won't be met. Bitcoin, for instance, isn't generating passive income in the way stocks do through dividends. Thus, although Bitcoin has proven over the course of the years that it runs through a series of circles, a few wrong moves and a negative market may lead to a loss of funds.
Although I've never bothered with the stock market, I believe that sometimes combining your options and creating a diverse portfolio is the greatest option in minimizing the risk.

The issue with inflation measures is that they're highly inaccurate in presenting the broader picture. As you've already mentioned, energy, and I'll also add fuel prices, play a vital role in inflation. Higher electricity and fueling costs mean an increased cost of production, which means an increase in the price of goods, which the consumer is faced with paying. However, inflation measures don't take into account the increase in energy and fuel; thus, when we hear about 10% inflation, it's actually a lot higher. Personally, I'm having to pay a lot more money for fuel and energy bills than I used to.
All banks offer poor interest rates that can't compete with the increasing inflation, even at normal periods when it isn't spiking like it currently is. The only way to counter inflation is by investing in assets, such as stocks or bonds.

This is quite possible and hasn't been expressed by the majority of the users that replied here. Incidents such as the recent events in Africa and Europe and the turn of them against the Western world can severely impact the market, and we're not talking only about cryptocurrencies but also the stock and commodity markets. I'm not claiming that this individual event, which has yet to be put into practice, is enough to turn the market upside down, but my point is that the world has become completely unpredictable, and even a war could possibly break out at any possible time.

Thus, I don't see any reason to attempt to predict what will happen in the future with Bitcoin. The halving is about a year away, and I'm quite positive that it'll assist in Bitcoin's recovery. Will we see a new ATH soon? Possibly not until the next 1 to 2 years, but I'm quite fine with that.

It depends on the type of business, I guess. If we suppose that you wanted to open up a coffee shop, then I wouldn't see why it wouldn't be a good idea to purchase a pre-existing business. You'll have all the necessary equipment in place, and your business is pretty much ready to go with only minor changes, such as in decoration and your branding. Of course, that depends on how much the asking price is, but in general, I believe it'd be cheaper on this occasion. Reputation is something that will have to be regained if you choose to completely rebrand your new business. Even if that place had horrible reviews in the past, it can still be saved, and it's providing you with one more reason to bargain on the final price.

Generally speaking, in my opinion, buying pre-existing businesses as an average entrepreneur is recommended when the industry we're talking about is the same as the one we're aiming for. If you're hoping to come up with something completely innovative, then certainly start from scratch.

I understand your point, but trust me, I'm not one of those people who constantly blame others; constant whining is something that I hate myself for. I can afford to pay €400 or even more for rent and get by perfectly okay due to the forum and my living with my partner. We'd do just fine; is it ideal to spend more than half of our salary on housing, though? Definitely not. I can present you with numerous cases of government negligence to the point that it's disturbing and criminal. I'm not expecting a government to find the go-to solution for everything, but to at least respect their citizens and assist them in having a proper life, wherever that is possible.
That's actually true; Airbnb is part of the problem, and COVID didn't help either because it slowed down the economy a lot while increasing inflation has made everything extremely expensive, and homeowners are trying to compensate by increasing their rents.
I believe that you're way off-topic, and you're jumping to conclusions by yourself.

I'm sorry for your loss; I'm guessing you tried recovering them already to no avail, which is saddening, but you're certainly not the only one.

This matter has been discussed quite a few times in the past. An exact amount of lost Bitcoins can't be determined, but as others have already mentioned, it's said to be approximately 5 to 6 million coins. Of course, this estimate might be way off, but there's no actual way of knowing. The intriguing part of this is that Bitcoin is actually rarer than we've thought it to be due to its actual circulating supply, which is a lot smaller than the current number of approximately 19.5 million coins.