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In this long bear market, many junk projects have been eliminated, and the market has gradually improved. If you don't know what currency to choose, choose Bitcoin first. Owning Bitcoin is enough, it won't let you down.
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I think both are important. If I had to choose one, I'd choose power. Power is more important. No matter how much money you have, powerful people may make you unhappy with one word or one action.
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If you are holding it for a long time, you don’t have to worry too much. Now that the price of Bitcoin is already at a low price, you can buy some now. Isn’t this the best opportunity to invest in Bitcoin? Long-term holding is definitely worth it.
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Power in society is more important than economic ability, because some status cannot be bought by money. When you reach a certain status, you are not very rich but you will get the respect you deserve.
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I don't regret trusting the person I trust now, because I'm not suitable for living alone. With someone I can't live without, he enlightens me when I'm down and accompanies me too many days and nights.
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First of all, the government will not eliminate paper money, which will directly affect the economy, because some people do not particularly support storing it on a virtual network. The government will promote digital currency, but it will not completely replace paper money.
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Bitcoin is not backed by any physical asset like Gold nor by any fiat currency. It makes me wonder if I should invest/trade in Bitcoin or not?
If you understand Bitcoin's technology and its particularity, Bitcoin is indeed a virtual currency, without physical value, but people's needs are exactly where its value exists. The holders of the currency in the market trust Bitcoin, this This kind of trust is the embodiment of value. |
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The FUD continues. India is not banning bitcoin as an asset class as many have eluded to. Many news outlets find that this angle is far better for attracting clicks. India is looking to ban bitcoin as a method of payment. Meaning they are just trying to protect the interests of their future CBDC. People in India will NOT be banned from buying or selling bitcoin. The government has NO interest in banning bitcoin as an asset. Source: https://blockworks.co/india-crypto-ban-about-payments-not-the-asset-class/
There are too many encrypted news that are false, but India only banned them as a payment method, they can still continue to hold Bitcoin or other encrypted currencies, and there is no complete closure that can change new things in the country. |
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In terms of human nature, whether this is only a few percent of Musk's total wealth, this is something most people cannot do. Musk's ability to take such a move is already very admirable and admirable.
Although Musk’s donated assets are already a fortune, they are not enough to save the world’s hunger problem. Wars and disputes in some countries have not disappeared, and many people have been affected by the war. This cannot completely solve the fundamental problem. But in the end, I still want to praise Musk's behavior.
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China always likes to publish policies to suppress cryptocurrency. Every time a policy is introduced, most of the currency prices will plummet, even if it is a rumor, which proves that China actually controls the cryptocurrency market. In fact, the purchase of cryptocurrency in mainland China The masses are very large, and we must respect the Chinese market!
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Recently, there as been a lot of discussion about using Bitcoin to pay or employers to pay salaries using Bitcoin. https://bitcointalk.org/index.php?topic=5350730.0https://bitcointalk.org/index.php?topic=5351333.0https://bitcointalk.org/index.php?topic=5351973.0https://bitcointalk.org/index.php?topic=5352233.new#new(All forum threads, there will be many similar views) There is a lot of hype among Amazon, Apple, and Tesla about accepting Bitcoin as a payment method. Many of them say that the adoption is better, but if the company converts a large amount of Bitcoin paid by customers into legal tender, it will give Bitcoin. The currency brings a lot of selling pressure. Bitcoin is limited. Everyone uses Bitcoin for payment and daily transactions. Bitcoin is becoming more and more popular. Many people know that Bitcoin also has countries that set Bitcoin as legal tender. If Bitcoin is used to pay salaries, is it necessary to collect taxes? Bitcoin is becoming more and more common for daily payments. If it is more convenient for everyone to buy bitcoins and use bitcoins for daily payments, will the price of bitcoins get lower and lower? But now the legal currency has depreciated. For example, if you are rich, then you will not let your money just be stored in the bank, and will invest it in cryptocurrencies, houses, stocks, and others. If conditions permit, I would be happy to use Bitcoin for daily payments, but some people have said that they will not sell their own Bitcoins and have been waiting for the price of Bitcoin to rise. Do you think Bitcoin will be devalued in the future? The value of Bitcoin is determined by people's needs. The higher people's demand for Bitcoin, the higher the value of Bitcoin. As time goes on, more and more people understand Bitcoin. Bitcoin is widely accepted by the public. Although the price of Bitcoin fluctuates greatly, It shows that Bitcoin has a high transaction rate. |
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No one guarantees when any currency will reach what position, because this will interfere with the investment of novices, but anyone who buys cryptocurrencies wants the currency they bought to rise, so don’t listen to other people’s lies, but Have your own analysis!
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Knowledge will definitely be more important than capital. In terms of investment, you must have one of the two. Otherwise, how to make the right choice without understanding the market at all. However, knowledge is relatively more important than capital. Otherwise, investing large sums of money will still be Loss, so I personally value knowledge more. Funds can be obtained through knowledge.
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These three reasons are one of the possibilities for us to make the wrong decision. If you want to be a good investor, you can have these three points. You will definitely avoid many wrong paths when investing, but you have these conditions and you must do your homework in failure or other aspects. No one has been successful in the first place. They all find the experience in failure.
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A discussion to express your views and perspectives on the future economic fear between two class of people in the society, the rich and the poor.
-I have often heard that there's an even greater fear with getting money, who do you think has more fear about the future?
(A) The Rich man who has tasted the good things of life and enjoying the best, now he has to face the fear of the possibility of suddenly loosing all he possesses and becoming poor? Or
(B) The poor man who has not enjoyed anything in life yet, just surviving and facing the fear of an unknown future, thinking if he is ever going to be in a better position or the suffering is going to continue?
The fear of these two choices is the same. It can be said that some people will be hit by this kind of thing and can’t live their lives. His own ability to accept and withstand pressure. |
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I think this statement is correct. Bitcoin can enable most of our investors to obtain additional income and benefit a lot. Although Bitcoin's volatility is very risky, Bitcoin is worth it. Sometimes I am in cryptocurrency. The income is more than my monthly salary, but some people who fail have chosen to withdraw from the crypto market.
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