Hello, Zenland! I would like and hoping to join your campaign. BitcoinTalk username: cydrix BitcoinTalk profile link: https://bitcointalk.org/index.php?action=profile;u=1070655Preferred network for payment (BTC, BSC, Polygon, Gnosis, or Avalanche) BTC Preferred currency for payment (BTC, USDT, USDC, or BUSD) BTC Bitcoin address. bc1qmr06rgx5hackq8caxznes2fhgtgnya7ckmqf08 |
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You should be sure to explain to him clearly that while bitcoin can be profitable, it can also be hazardous and, if not used carefully, can result in losses. Inform him that he should keep holding and not view a price decrease as a reason for panic. DCA during this time is beneficial. This is an excellent moment to invest as well. By 2024 or 2025, bulls will awaken as a result of what is happening. The present is one of the best times to invest.
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I anticipated problems the moment he bought a Twitter account because he believed he could use it to manage Twitter in the same way he does with altcoin projects, but there is still plenty to learn. I think the prior owner of Twitter might not provide those secrets to him, and believe it or not, if further time passes without action, the previous owner will return to acquire back Elon Musk's company. His issues began when he fired those employees, who, in my opinion, formed the backbone of Twitter and were better equipped to run it than the people he now employs, not to mention the limitations he imposes on them. As for me, I never imagined he would act in such a way without first investigating the Twitter algorithm before firing any employees.
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Indeed, Bitcoin is still in its early stages, and the current price presents a potential investment opportunity. Considering the long-term perspective, one approach could be to start accumulating Bitcoin gradually for your children while simultaneously teaching them about how the system works. As they grow, their knowledge and understanding of Bitcoin will expand, and through experience, they will gain valuable insights about it. Meanwhile, the Bitcoin you have acquired for them will likely appreciate in value over time, potentially becoming a significant asset or inheritance for them in the future. This strategy combines education, investment, and the potential for long-term growth.
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Bitcoin operates within its own ideological movement and is subject to the influence of regulators and governments. While complete regulation may be challenging, governments can align themselves with Bitcoin to some extent.
Regarding volatility, it is inherent to Bitcoin's nature and development. As a digital asset, Bitcoin aims to have value equivalent to traditional currencies like the dollar. This pursuit of value parity means that Bitcoin will likely continue to experience fluctuations regardless of its level of adoption. Its status as a "digital gold" contributes to its volatility as well.
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There is a misconception that trading can lead to instant profits, but the truth is that without a genuine interest in learning, even with a large capital, reaching our profit objectives is unlikely. Predictions in trading are not always reliable, and the challenge lies in navigating market volatility and managing our emotions during fluctuations. Successful trading requires discipline, which demands courage and determination. It is important to avoid rushing and instead prioritize gaining knowledge before engaging in trading activities. Building a strong foundation of understanding is key to long-term success in trading.
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I appreciate your perspective on the limited impact of Bitcoin on people's savings and your recognition of the cleverness in introducing and promoting it in the local market. Creating visibility for Bitcoin through logos and public exposure can indeed help raise awareness about alternative currencies.
Thank you for your kind wishes, and I wish you all the best in your own endeavors as well!
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To be a responsible citizen, it is advisable not to engage in activities that violate your country's regulations. However, if you choose to educate others about Bitcoin, it is important to stay within the boundaries set by your country and focus on aspects such as security and utility, rather than solely emphasizing investment opportunities.
Furthermore, investing in Bitcoin does not guarantee immediate wealth or overnight success. It is essential to understand that the cryptocurrency market is highly volatile, and it may take a considerable amount of time, potentially a year or more, for investments to stabilize.
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Success and rewards are often the result of hard work and strategic actions. While knowledge plays a crucial role in improving one's life, it doesn't guarantee wealth or a successful lifestyle alone. Consider the example of an individual who wins a large jackpot and becomes wealthy without relying on knowledge or skill. Although knowledge is essential for personal growth, financial success can also come from fortunate circumstances or opportunities. Therefore, while knowledge contributes to a better life, it's not the sole determining factor for acquiring wealth or leading a prosperous life.
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Low adoption rates may be caused by people's discontent with the current financial system and their demand for more adaptability and efficiency. I believe that the level of cryptocurrency acceptance differs in different locations, including Vietnam, Venezuela, Brazil, and other nations. Cryptocurrency adoption is a complex and diversified phenomenon that is influenced by a variety of social, economic, and political elements, including governmental regulations.
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In my opinion, stock investing is not a good idea because, in the next five years, the profit will be minimal compared to that of bitcoin. Another argument is that you cannot purchase shares with a small sum of money, and your investment will be managed by someone else at the end of the day. Bitcoin has a big potential and can be purchased for a small sum of money. If you can hang onto it for a while and keep acquiring more coins while keeping an eye on the market, it can make you a good profit. You can be certain that your investment will be a good one. Last but not least, you are your own bank. You are in charge of managing your investments, and all of your profits are yours alone. But if you think it's a stock you like, do some study on the most advantageous, low-leverage stocks.
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Why should anyone try to persuade you if you are not willing to invest yourself? Make your own choice; we won't gain anything from it, but you will if you do. Before investing in Bitcoin, people need to understand its importance and use, which will encourage them to do so. They also need to understand why it will be profitable, rather than relying on the influence or logic of others.
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Although I lack expertise in this area, does she actually understand even half of it? The husband is free to contest his ownership. Unlike other assets where their names are on them, there is no evidence to support his ownership of it. Additionally, can they actually claim their share of his Bitcoin ownership if the wife even seeks the assistance of her attorney? Does their country's law address Bitcoin or other crypto assets when it comes to dividing ownership during a divorce? The husband, in my opinion, has greater power over this. Even yet, it clearly highlights the unhappy aspects of marriage. Both of you will argue about claiming ownerships as if you didn't love one other when you get to the divorce stage. At some point, it seems like everything revolves around money.
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I prefer to start with the local trading platforms for cryptocurrencies in your country because they typically offer comprehensive learning materials and instructions on trading in the local tongue. Additionally, because local platforms only work with clients of the same nationality, people with personal knowledge and numerous stories of people having difficulties with trading activities will receive support more quickly.
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Because I've done it before and possibly still do, I can identify to what you're talking about. After working in one area for a long time, it's regrettably a combination of comfort and regularity. Getting out of your comfort zone seems practically difficult, and routine is frequently to fault. You get caught in a cycle of self-destruction. Due to my inability to break the pattern, I also declined respectable work chances that were pertinent to my field of study. I'm not sure why; I just kept coming up with reasons. I believe it's a result of both being reluctant to pursue a new career and accustomed to the security of your current position.
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Gold is not a particularly common investment category because most individuals don't know where to begin. The majority of people choose to simply deposit their money in the bank where they can earn interest rates on their savings accounts that are below the rate of national inflation. That results from the general public's ignorance of financial matters.
Thank goodness, though, that anyone may now invest in Bitcoin using any internet-connected mobile device, making it accessible to all. The most adaptable and inclusive investment you can make right now with any amount of money while considering long-term rewards is that. I think Bitcoin has emerged to provide a chance for individuals who don't know how to invest in gold and, as a result, couldn't fight inflation in their daily lives without Bitcoin.
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That is the mindset of wealthy, successful individuals who constantly believe they are smarter and superior to others. Making your bitcoin investment for your family public is perfectly acceptable because we are all related and need to look out for one another. You're unfortunate to have an uncle who is so patriarchal, though. In either case, they already know you're a bitcoin investor, so it's best to disregard their advice. Since there is nothing else you can do at this time but concentrate on your investment, the outcomes are the only thing that will make sense. Anyone criticizing you will stop as long as you deliver results. That's what I did to those who used to laugh when they learned that I had bitcoin investments.
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All three advice are still valid in my opinion. Regarding Bitcoin, you have an OP and a few decadent emotions. Please elaborate on why it is so challenging to profit from the free money that we invest in Bitcoin now. You start to reject this rule when most others do. I agree that free money is getting far less common in our time, barring one thing.
In a similar vein, I can't fully support your following suggestions. Although to me, the first and second sound alike.
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No, I don't believe there will be a solution for hackers; they are a crime organization, and we even have state-sponsored hackers like the Lazarus group, so they are not something that can be stopped just because AI is in full swing right now or even because cryptocurrency is the newest buzzword.
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