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261  Bitcoin / Bitcoin Discussion / Re: BTC holders, do not reveal your identity online on: June 05, 2023, 07:22:31 PM
It is dangerous when you publicly disclose your crypto assets because you may become the target of criminals. They often see Bitcoin holders as potential targets due to the irreversible nature of transactions and the difficulty of recovering stolen funds. Therefore, Bitcoin holders as well as other individuals with valuable assets should exercise caution and take appropriate security measures, such as keeping personal information private and implementing strong security measures. Secure their digital wallets and be mindful of sharing personal information in public forums or on social media. While it is difficult to comment specifically on Dr. John, it serves as a tragic reminder of the potential dangers involved in openly discussing or disclosing significant financial holdings.
262  Bitcoin / Bitcoin Discussion / Re: Don't Force Your Children to Learn Bitcoin on: June 05, 2023, 07:09:40 PM
We should teach children basic financial concepts and skills before introducing more advanced topics like Bitcoin. Teaching them the concepts of money, savings, budgeting, and responsible financial decision-making is fundamental when diving into finance. Understanding the fundamentals of economics and finance can help children develop life skills and apply them to any future investment.

Also, when it comes to introducing complex topics like Bitcoin, it is generally advisable to wait until the child has reached the appropriate level of maturity and understanding. The ages of 14–15 may be a good time to start discussing more advanced concepts, as teenagers generally have a better grasp of abstract ideas and are able to engage in complex discussions.
263  Bitcoin / Bitcoin Discussion / Re: Also Girls Should Be learned About Bitcoin on: June 05, 2023, 07:01:06 PM
Bitcoin and cryptocurrencies are for everyone, regardless of gender. Your sister has shown great interest and initiative in learning about Bitcoin, and it's amazing that she realizes that her gender shouldn't limit her from exploring and investing in cryptocurrencies. By continuing to support and encourage her in her learning journey, she can absorb more knowledge and take the next steps towards becoming a confident and knowledgeable Bitcoin user. Not only will this help her become financially independent, but it will also help break gender stereotypes and promote equality in the worlds of finance and technology. Please continue to support her enthusiasm and passion for learning, and she will certainly continue to grow in her knowledge and expertise.
264  Economy / Economics / Re: Dedollarization is here, like it or not on: May 31, 2023, 07:01:41 PM
There are many countries eager to reduce the dominance of the US dollar in the global financial system, but the process is complex and faces significant hurdles. As for the role of the US dollar as a major reserve currency, I think it has evolved over the decades and provides stability, liquidity, and a widely accepted medium of exchange for currencies. international trade. Moving away from the dollar requires alternative currencies or mechanisms to achieve similar levels of trust and acceptance. So de-dollarization efforts can continue, but it is difficult to predict the exact trajectory and outcome. After all, as with any major financial or economic shift, the effects of de-dollarization will likely be nuanced and vary across different regions and sectors.
265  Economy / Economics / Re: Which stocks to buy? on: May 31, 2023, 06:56:39 PM
Both cryptocurrencies and stocks are asset classes that can provide huge returns, but they always come with a lot of risk and the possibility of loss. While cryptocurrencies appear to be gaining significantly more attention and adoption than stocks, they are still a relatively new and evolving asset class. So I think choosing crypto would be a better investment than buying stocks since both asset classes are now heavily stocked with very low tickers. Generally, choosing between investing in stocks or cryptocurrencies depends on one's risk appetite, investment knowledge, and personal beliefs about the potential of each asset class.
266  Bitcoin / Bitcoin Discussion / Re: Dad's retirement money is invested in Bitcoin! on: May 31, 2023, 06:48:16 PM
Retirement money may not be a bad investment when investing in bitcoin. But you need to discuss these matters amicably with your father because bitcoin is never an investment that can guarantee return after all, especially as far as you say for a year. If your dad is really serious about investing in Bitcoin, it would be wise for him to do a thorough self-education on the technology and understand the risks and potential rewards. Until your father feels certain, decide whether to buy it or not.
267  Bitcoin / Bitcoin Discussion / Re: journey to financial freedom on: May 31, 2023, 06:39:16 PM
Everyone's journey is different, so it's never too late for everyone else. Everyone can join this game at any time, as long as they have to bear the decisions that they have made. Either way, it's a highly volatile asset, and without a basic knowledge of the market, it's easy to get kicked out. So do your own due diligence and research ahead of the decisions you're making on this exciting journey.
268  Bitcoin / Bitcoin Discussion / Re: Benefit of bitcoin on: May 31, 2023, 06:32:34 PM

1) From what I have observed  in bitcoin its a financial relief when you know the secrets behind the uses of bitcoin and some of the investment.

You have to understand that those who are new to this market are actually very mentally strong in the face of their close friends' losses. It takes many people a lot of time to be able to face it, and it is the same bloody experience that every investor has gone through. This is really not pleasant at all because market psychology is inherently full of immobility, a game where side factors can greatly affect you. From the psychological perspective, emotions can calm before bad news or the temptation of FOMO. So don't think that it's really comfortable because the world of bitcoin is very large and complex.
269  Bitcoin / Bitcoin Discussion / Re: Bitcoin or banking investment? on: May 30, 2023, 06:19:47 PM
If you want to have a more specific view on this issue, it is better for you to experience both bitcoin and banking at the same time to be able to understand. For me, of course, I would choose bitcoin because, first of all, in the real nature of that bank, only they are holding your money with a certain percentage interest. I don't want other people to keep my money, so I choose bitcoin when I decide to use it myself. In addition, the strong volatility is also one of the reasons I like it because it can increase the profit percentage over a period of time. Although it is true, there are still many risks. But that doesn't matter to me because, to me, the higher the profit, the greater the risk, and you really have to decide whether to accept it or not.
270  Bitcoin / Bitcoin Discussion / Re: Today I Have Shared About The Benefits Of Bitcoin With My Friends on: May 30, 2023, 06:08:47 PM
It's good for you to share your own experiences and lessons about a comprehensive understanding of the technology of bitcoin and other cryptocurrencies. However, make sure your friends understand that investing in Bitcoin involves uncertainty and that the value can go up or down. Encouraging them to conduct their own research with caution is key. Remind them to only invest what they can afford to lose and consider diversifying their portfolio. Everyone's financial situation and risk tolerance are different, but respect their choices and encourage responsible decision-making.
271  Bitcoin / Bitcoin Discussion / Re: How to know a good bitcoin investors! on: May 30, 2023, 06:01:52 PM
I don't think it's necessary to be overly complicated about being a good investor. You just need to believe in the long-term value of Bitcoin and understand the importance of holding it for a certain period of time to accumulate. These are all factors that can contribute to a successful investment strategy. Although the crypto market is turbulent with a variety of news and market sentiment, both positive and negative, Then you just need to evaluate the information objectively, remove the noise, and focus on your investment goals and long-term views. Those are the qualities that benefit investors.
272  Bitcoin / Bitcoin Discussion / Re: Would these two wallets be equally hard to brute force attack? on: May 30, 2023, 05:53:38 PM
I find that the security of a passphrase depends on the size of the word group used to generate it and the length of the passphrase itself. So with a significantly larger word pool and the potential for longer passphrases, the number of possible combinations increases exponentially. Hence, the resistance to brute force attacks is much better than a seed phrase from a fixed dictionary. So a strong and complex passphrase, built from a large pool of words, will greatly increase the difficulty of forcing a wallet, even if the original phrase is known.
273  Bitcoin / Bitcoin Discussion / Re: OCC recommend banks to offer private key vaults to customers on: May 30, 2023, 05:48:21 PM
Depository services offered by banks can bring convenience and familiarity to customers who already deal with them. It simplifies the process of accessing and managing cryptocurrencies for those who may not be technically inclined or prefer the extra security measures associated with traditional financial institutions. However, there are valid concerns regarding the security of keeping a client's private key. They should understand that by using custodial services, they are entrusting their private keys and the security of their assets to the bank. So if not managed securely and if mishandled or compromised, it can lead to significant losses for customers.
274  Economy / Economics / Re: Effects: Over-reliance on the US dollar on: May 29, 2023, 08:46:41 PM
When the dollar's control shows signs of waning, some initiative will be launched to overthrow the domination that has existed. Whether the Chinese yuan will be the new reliable choice or whether the dominance of the dollar will persist over time. Either way, the common ground between the two will still have negative effects when some countries use dependencies for intermediary transactions. This affects the entire economy and politics of a country. So bitcoin is really a solution to the future of mankind when it has independence and is not controlled by any economic power.
275  Economy / Economics / Re: Always Have a financial record in whatever business you own on: May 29, 2023, 08:34:16 PM
Keeping financial records is very important in business. It can make it easy for businesses to check for accuracy in financial assessments, ensuring accuracy and eliminating the risk of errors or miscalculations. Know your business's costs and revenues so you can identify unnecessary expenses, reduce waste, and make adjustments to optimize profits. So try to promote understanding of specific financial records needs and concerns. Can provide instruction on basic record-keeping methods, such as simple spreadsheets, notebooks, or mobile apps, that can help entrepreneurs track income and expenses easily.
276  Economy / Economics / Re: how to overcome inflation for the community on: May 29, 2023, 08:23:47 PM
These may be some great tips in life, but really what matters is how each person approaches and copes with inflation. Not all tips work for everyone, and not all of these tips are good. Because focusing too much on a lot of issues anyway will only make them out of control, which is really not good. The word can do the opposite of what you're trying to do, and things will only get worse. So try to understand what you need and just do well what you are doing; don't think about the negative problems that it brings; just check if you are really persistent enough to face it.
277  Economy / Economics / Re: My wealth plan for next 3 years on: May 29, 2023, 08:11:28 PM
It is a good thing that you have drawn up an investment plan for yourself for about 3 years. However, looking at your plan, I think borrowing money can be a risky move. The cryptocurrency market is inherently volatile, so it is not certain whether the investment will be profitable or not, so a loan here can become a knife to kill you. So do not borrow money to invest in this market, thinking that it will surely make a profit and repay that loan. That is what you think; the reality of the market is very harsh, and there is no room for such easy dreams of getting rich.
278  Economy / Economics / Re: Logic of life on: May 29, 2023, 08:01:51 PM
Knowledge is a valuable asset, but it needs to be effectively applied through action. Without action, knowledge still has untapped potential. So the way we act with purpose is an important factor in converting knowledge into results. In addition, diligence and hard work are also important parts of making optimal use of knowledge. Even with limited knowledge, your willingness to put in the effort and hard work can achieve remarkable results. Diligence, perseverance, and discipline are qualities that allow you to overcome challenges, persevere in the face of failure, and constantly strive to improve. So try to use them as well as learn more to be able to bring out the best in your environment.
279  Alternate cryptocurrencies / Altcoin Discussion / Re: Do You trust Tether (USDT) Stablecoin? on: May 24, 2023, 07:04:22 PM
Their existence to this day has affirmed their important position in the electronic convenience market. Tether has made the market so much bigger. It is true that there is still a lot of confusion with them, but the fact that people continue to use them proves their trust, and this coin does a big thing that many coins cannot do. So there is no reason not to trust it and use it in trading. In addition, it is not necessary to use USD; it is still USD or other currencies in the generation system. So diversity is not dependent on a certain currency because capital is used for the sake of balance.
280  Alternate cryptocurrencies / Speculation (Altcoins) / Re: How do you decide on a buy price target? on: May 24, 2023, 06:54:36 PM
I'm not sure if this is worth it if you're taking these two coins too seriously. You can ignore them and move on to the good and unappreciated coins. Trying to buy a currency when it is in a downtrend is indeed very riskyeriously. You can ignore them and move on to the good and unappreciated coins. Trying to buy a currency when it is in a downtrend is indeed very risky. You won't know where support is, for sure. It is true that DCA can reduce the risk of this, but it doesn't matter how many times you have to stop DCA. So it's best to ignore it and switch to another coin that will be a better choice.
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