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1461  Bitcoin / Bitcoin Discussion / Re: Bitcoin and Bad Economy on: April 09, 2023, 03:12:17 PM
People think Bitcoin could be a way to protect their money if the economy gets uncertain, especially if there's inflation or the value of money goes down. This is because there's only a limited amount of Bitcoin and it's not controlled by any one government or group. But it's also important to remember that Bitcoin can be risky, just like any investment. It's smart to do your own research and talk to experts before you invest any money.

The basic purpose of creating Bitcoin payment method was to provide safeguards to your fiat money against consistent devaluation due to unlimited supply of fiat currencies controlled by central banks of the countries and this is the reason it is widely regarded as one of the best performing assets. It is true that it very risk due to its extreme volatility but holding it for long term is always beneficial.
1462  Bitcoin / Bitcoin Discussion / Re: Can you consider yourself as a risk taker if you buy bitcoin? on: April 09, 2023, 09:53:33 AM
And one thing i have come to noticed is that " Most people buying bitcoin and other crypto currency, just want to see an increase in price in months/years to come".

These set of people don't even make proper research before buying, they don't get current info after buying, all they want to see is the accumulation in price of their Coin been bought.

It is true that there are many people who buy Bitcoin only because they hear a lot about its potential price increase,  from their friends and on social media, however even such investors are likely to make good profit if they buy in bear market and continue accumulating it on every major dip and wait for the return of bull cycle when their investment decision will reward them with huge benefits.
1463  Local / Other languages/locations / Re: Pakistan on: April 09, 2023, 12:04:51 AM
Bitcoin mining difficulty ka record high rate hai aur yeh pehle se 4th baar hua hai. Bitcoin ki qeemat ne 2023 ke turn ke baad se increase hona shuru kiya tha aur yeh miners ke liye kaafi attractive hua. Isi wajah se miners ne apne equipment ko reconnect karna shuru kiya tha. Bitcoin mining difficulty har 2,016 blocks ke baad

Brother, apne Bitcoin mining k process ko bht achy trh se explain kia ha or hash rate or difficulty rate bi usi waqt brta jub Bitcoin ki demand mein izafa hota ha ku k eski mining bht sary computer pe hony lugti ha. Meri apni gut feeling ha k Bitcoin ka bullish cycle shoro ho chuka ha or Bitcoin 15k pe 2022 mein bottom out ho chuka ha or shayed ab yeh price hamein dobara dekhny ko na mily. I think Bitcoin 2023 mein hee apna new All-time-high bna sakta ha, Insha Allah. Uski technical reason toh yeh ha k kafi dino eski price 200 daily moving average se oper ha jo k ek positive sign ha dosri bri waja paradigm shift ha ku k USA mein one after another jo banks collapse ho rehe han uski waja se logo ka Fiat based monetary system pe confidence shatter ho reha ha or investors ko Bitcoin ek behter alternative nazer aata ha. Yeh market k bary mein mera point of view ha jo ghalat bi ho sakta ha esliye kisi bi asset  mein investment se pehle apni bi research zarur keren.
1464  Economy / Economics / Re: The impact of Russian and Ukrain war on world economy on: April 08, 2023, 03:34:56 PM

I look to it that the war affecting the economy of every country and with research about it , Al-Jazeera gave detail of how some countries is affected and if the war did not stop , more of the country will keep suffering. Russia is part of the biggest supplier in oil and the short suorpply is affecting the world. The war is affecting the europe countries hard because two countries in the war are two big supplies to europe. Russia cut supply of oil to euro and that affecting production, gas use. The Ukraine economy supply large amount of iron, steel, ore,stag and ash to the world and euro now in shortage include animal vegetable fats and oil to euro and the other countries.

This is hard time for economy to survive what is your thinking about the collapsing of world economy with highing inflation.


The impact of Russia and Ukraine war is devastating for the whole world in particular it has disturbed the supply chain of Food and petroleum products which has resulted in food and energy shortage worldwide. This is leading to skyrocketing inflation and making life of the people miserable in particular developing countries of Asian and African continents.

It is crucial for world leaders to sit together and find out a peaceful resolution of this conflict & this situation demands urgent and collective efforts on global level to alleviate the suffering of those affected by this crisis.
1465  Bitcoin / Bitcoin Discussion / Re: Can you consider yourself as a risk taker if you buy bitcoin? on: April 08, 2023, 11:21:30 AM

There is a huge pychological gap between assuming that you are a risk taker because you bought bitcoin and fully accepting the risks inherent in each bitcoin that you bought. I created this thread because I see a lot of people who are having negative emotions like regret, hatred, sadness, fear, jelousy and many more emotions just because they lose money after they bought bitcoin. The lesson is the best bitcoin investor and trade doesn't resonate the slightest bit of emotional discomfort because they understand the game and they fully accepted and embrace the risk where they know that buying bitcoin are probable not guaranteed.

There is always a certain degree of risk associated with any kind of investment and  Bitcoin in not exception. However keeping in view its limited supply and historical track record of outsmarting all kind other class of assets investment in Bitcoin is comparatively less risky in my opinion but you should remain patient and hold your nerves when it gets extremely volatile and you might see value of your investment losing its value to the extent of 80% or more. Those who hold it for long term are likely to harvest huge benefits on their wise investment decision.
1466  Economy / Speculation / Re: Are we now on Crypto bull run? on: April 08, 2023, 09:32:20 AM
In my opinion, although recently the price of bitcoin has increased, it seems that the crypto market is not yet fully in the bull run phase. We don't know how far the current price movement will continue. However, I'm not sure if the bitcoin price drops to the $15k area again.

You are correct, it appears that Bitcoin price has stuck between $27,000 to $28,000 for several weeks and trading within very short range.It is a lull before storm situation & I think it can not continue like that indefinitely. A significant movement may occur in either direction as a result of any negative or positive news. I believe that there is a possibility that it might hit $30,000 in coming weeks as technically it is still trading above 200 daily moving average (DMA) which is a positive sign..
1467  Economy / Economics / Re: How to increase capital investment on: April 08, 2023, 03:38:25 AM
I think the easiest thing to increase capital is to sell the assets that we have, don't be afraid to sell assets because everything will be able to return when we get a profit, as long as we want to try and think positively then we will find a way out or a solution.

It is better to consider potential consequences of selling asset against the risk involved, before you take the decision to sell any asset, as it can provide cash in the short term but in the long term it may have negative outcome. There are other alternatives available to raise funds, such as taking loan from bank, doing more than one jobs, seeking investors and launching  your own personnel business project.
1468  Local / Other languages/locations / Re: Pakistan on: April 08, 2023, 12:49:38 AM
Another small Airdrop for Arbitrum claimers

Jin users ko Arbitrum ka reward recieved ho chuka hai tho ab sirf yaha par bas nahe balke muje umeed hai k baqi new projects b hype bnane k liye aur number if Holder increase karne k liye en Airdrop claimers ko free mai apne token denge. eski sab se pehle misal tho aaj mai le kar aya hoo. Ye Auragi k naam se ek project hai. agar ap ne Arbitrum Defi use kia hai tho muje umeed hai k ap yaha eligible ho jaenge. Mje 1800 token mile jis ki current worth 5.5$ the jo mai ne un k Apne swap mai instant sell kr k profit book kar lia. Sayeds56 aur Unknown Op Bhai esko check kare .


Thanks brother for sharing this useful information. Mein ne bi around 1800 plus  Auregi k tokens claim ker liye han jis ki worth $5 k kareeb ha. Yeh airdrop uni logo ko mila ha jo log  Arbitrum k token claim krny k liye eligible thay.

Anyhow, It's very interesting development, eska matalab ha Arbitrum k airdrops winners ko mazeed airdrops milty rehen gay. Insha Allah   Cool Cool Cool

Next big airdrop zksync.era k net work pe https://syncswap.xyz/swap aa sakta ha es opportunity ko miss nhi kerna chaye or es dex pe kuch na kuch transactions kerty rehna chaye.

https://www.youtube.com/watch?v=0OGWZgzBB8g
1469  Economy / Economics / Re: Cash is not trash on: April 07, 2023, 06:49:40 PM
Cash will be fully supported by the state, as long as the state is still in power it will take care of cash, this is because cash is a strength of the state, although sometimes the value of cash decreases but the government can make policies such as tightening circulating stock so that automatically deflation occurs so that the value of cash up again.

The real power of cash is in psychologic effect of having it. Most attempts to somehow control crypto or at least determine the definition of cryptocurrencies in any country has psychological limit: most people in the world don't even know anything about cryptocurrencies, while those who have some BTC still use it only in a way to raise fiat. Also, there is a possibility to include elements of blockchain technologies in fiat bank systems in order to combine the psychological power of fiat and reliability of blockchain products.

It is true that in many parts of the world people hardly know anything about Bitcoin and its potential to become a leading method payment. However, as it happens with every new invention or technology that people take time to understand it and eventually accept it when they realize its worth, benefits, and its potential to transform their fortune, then obviously they will adopt it.
1470  Economy / Speculation / Re: Bitcoin can do 30k$ this month? on: April 07, 2023, 03:37:28 PM

It's still too big to expect a new all-time high as Bitcoin is still under $30K right now so everyone just needs to look at a more logical price before getting their hopes up too high anytime soon. I think a price below $40K is still quite logical to expect even though it still looks hard to achieve in the near future by Bitcoin, but that doesn't mean it will be forever difficult for Bitcoin

You are correct that it is too early to expect new ATH of Bitcoin at this time, asit is still facing challenges to break $30,000 level which appears to be a major physiological barrier, and new FUD of Binance Australia where all future contracts of Binance accounts holders were cancelled, caused negative market sentiment and Bitcoin fell below but $28,000 mark. Today it rebounded & trading above 28,000, the low trading volume suggest that  bearish reversal is possible in coming days.
1471  Economy / Economics / Re: Cash is not trash on: April 07, 2023, 10:24:56 AM

Do not trash Fiat yourself when it's actually needy, crypto and Fiat must co-exists until the government decide to go digital with Fiat themselves, and Fiat is not trash.

You made an interesting point that fiat and crypto should co-exist which in my view is very practical approach. Fiat has been in use as method of payment since decades hence, it will take time before people start accepting new forms of payment.  Generally people refer fiat as "trash" in the context of its consistently decreasing value which reduces our purchasing power and it becomes difficult to afford basic needs of life.
1472  Economy / Economics / Re: What is your biggest obstacle to achieving financial freedom ? on: April 07, 2023, 03:28:10 AM
the obstacle to financial freedom for me is that it is limited for women who are married and have children to work in one company even though they have previous work experience in one company,
but I am not discouraged to achieve my financial freedom, by working online and trading online is currently more friendly for women who already have husbands and small children

Indeed there are more challenges for women who are married and have children to achieve financial freedom through traditional job options. Nevertheless, it is great to hear that you are not discouraged and exploring online opportunities such as trading. As trading is associated with some degree of risk, I would suggest you acquiring technical expertise to analyze market which will definitely enhance your chances of becoming a successful trader.
1473  Local / Other languages/locations / Re: Pakistan on: April 07, 2023, 12:21:25 AM

Exactly sir! It is difficult but not impossible. Ji ap ny bilkul theah kaha hai USD ki jarren kafi mazbut hen. Lekn filhal China is trying to its best ky wo apni currency ko

Yes! brother, it is possible, and it may happen in the next 5-10 years. The question arises, how this paradigm shift will impact economy of Pakistan? es ka simple sa jawab yeh ha k eska benefit India ko toh ho sakta ha ku k es se regional trade ka volume br jai ga or India k pass export surplus bht kuch hota ha or India or China ka trading volume 100 billion dollars se zayadeh ha, Pakistan k sub se bry trading partners USA or Western European countries han, agr unki economy weak hoti ha toh hamari exports hit hon gi or Pakistanis ki online earnings bi kum ho sakti han. Unfortunately, hamari economy export oriented nhi ha esi waja se hamari currency depreciate hoti ha. Hamaein apny halat behter kerny k liye China k economic model (jis mein main focus aisi products manufacture kerna hota ha jin ko export kia ja saky) ko follow kerna chaye jis se Pakistan mein prosperity aa sakti ha.
1474  Economy / Economics / Re: What is your biggest obstacle to achieving financial freedom ? on: April 06, 2023, 06:12:15 PM
What I feel and become the biggest obstacle is I'm afraid to take risks, I have opened a restaurant and the result is a failure, since then I always think a lot to start a business again because I don't want to fail continue, and now I try to produce t -shirts at prices Cheap and I will market 2 or 3 more months.

I totally agree with your perspective that "Fear of failure is the biggest obstacle to achieving success". All of us pass through such kind of situations in our lives where opportunity knocks our door to alter our fortunes but we let it pass by and later we regret.

However, Risk is associated with all kind of investments to some extent, but we need to develop risk assessment skills to manage it.
1475  Economy / Economics / Re: What is your biggest obstacle to achieving financial freedom ? on: April 06, 2023, 11:17:00 AM

Regardless where we live, money is our top priority in order to survive and thrive. Having enough money to fall back on means we are entitled to more choice and possibilities. Like it or not, we are chasing or being forced to chase money in most phases of our life. Financial freedom has been most people's ultimate goal for decades, if not for centuries. To achieve this goal, we will encounter endless challenges. Each of us has a unique life situation so what is your biggest obstacle to achieving it ? I know we can make a long list of problems but there must be one or two primary reasons that really hold you back. This is where we should focus and I would like to hear your story. Thanks.

The common obstacles to achieving financial freedom inadequate are income or savings, poor financial planning, unexpected expenses or emergencies and tendency to living beyond means. All these factors can make it difficult to achieve financial freedom, however by setting financial goals and implementing  right strategies, it is possible to overcome these obstacles & achieve financial goals.
1476  Economy / Economics / Re: How to increase capital investment on: April 06, 2023, 08:52:13 AM
I will draw my teaching from this sub topics below;
How do you increase capital investment and make more profits?


If I am understanding you correctly, you are talking about wealth creation by making investment in yield generating products, like fixed deposits where you get fixed returns on your investment & you can grow your capital faster by compounding your returns. Another option is to  buy shares of the companies those have good historical record of paying dividends and increase your capital.

These are all conventional methods. However, I would suggest you to use your savings to buy and accumulate Bitcoin regularly and hold it for long term. This strategy has the potential to be the best way to increase your wealth and transform your life.
1477  Bitcoin / Bitcoin Discussion / Re: I love Bitcoin on: April 06, 2023, 03:06:59 AM
Bitcoin has become a joy in everyone's life. Everyone can invest in this Bitcoin. Bitcoin will fulfill the dreams of many poor people. I also love Bitcoin a lot. I can't imagine anything without Bitcoin.

At some point the price of Bitcoin will increase a lot. My dreams will come true. Bitcoin will fulfill the dreams of thousands more people like me.

Indeed it is a  joy and positive feeling to many individuals including myself as Bitcoin has transformed the fortune of many middle class people who have strong faith in Bitcoin & recognized its potential to become leading digital gold & outperforming asset. They invested in this precious asset at the right time and now they are harvesting huge benefits from their wise investment decision.
1478  Local / Other languages/locations / Re: Pakistan on: April 06, 2023, 12:24:34 AM

Asslamualaikum!
Issi ky zimar my mujhy ek news bhi mili socha ap dosto sy bhi share karta chalun.
To news ky mutabiq iss waqt Russia my sab sy zyada trade hony wali Currency Chinese Yuan ho gai hai. Matlab ap sab dekh sakty kesy ye 5 countries (filhal 5) mil kar apna danda mnwana chah rahi hen. Or mujhy ye kafi hadd tak kamyab hoti hui bhi nazar arahi hen. Kher phr bhi dekhty hen kaya hota hai. Baqya ap iss article my dekh sakty hen.



Walaikum salam brother, although it is an interesting development, but this change won't happen overnight. es ki acceptability mein bht time lagy ga, ku K pori duniya mein jitna trade hota ha uska sirf 3% chinese currency mein hota ha baki 97%  trade mein zayadeh tar US dollar or EURO hee use hota ha. US or European banking system bi bht deep rooted ha, Chinese banking system abi us level pe nhi ha. although chines economy ka size bi ab bht bra ha but still it is 2nd to US or chinese economy mein wo openness nhi ha jo US or Western Europe mein ha. Aaj bi duniya bhar k zayadeh tar free lancers ki earning US based comapnies se hee hoti ha.  

https://finance.yahoo.com/news/could-china-yuan-replace-u-163600681.html
1479  Bitcoin / Bitcoin Discussion / Re: are you still strong holding btc on: April 05, 2023, 05:49:32 PM
as we know today btc is in the range of 28000, and i was very lucky to be able to buy btc when the price was still low, and now if i sell it i have a profit but if i sell it now i'm afraid i won't be able to
buying from the bottom again,, and I'm currently struggling to hold btc so I don't sell it,

I want to ask if you also  keep holding btc?

and the reason I hold btc is because I believe the price of btc in 2024 will be high and there will be no more btc prices like now.

I am also a strong supporter of Bitcoin, and firmly believe that it is a digital gold & can potentially change our fortune. In order to maximize the benefits of Bitcoin, we should  continue accumulating it during the bear market by taking advantage of every significant dip, and continue holding it during the bear cycle, no matter how lengthy the bear cycle may be,  but eventually it will come to an end, and you will reap the huge reward on your investment.

1480  Bitcoin / Bitcoin Discussion / Re: Elon musk is for crypto or just for attention to boost Tesla, SpaceX? on: April 05, 2023, 01:29:00 PM
I see Musk as a strategist. He only works with something that will be beneficial to him. It's quite uncertain to me whether Musk's public show of interest in cryptocurrencies was/is purely to boost Tesla's value cause now he claims he is interested in AI. In my opinion, it’s still facts that Elon had to do what he did with crypto cause he found it beneficial for him. Also, considering his announcement in 2021 when he chose to drop Bitcoin as a payment option we could see the impact it had on Bitcoin. He may not necessarily be promoting Bitcoin cause he wants to live through that, he only uses things for the benefits and jumps onto the next just as he’s about to do with AI

Indeed, he is a smart businessman and won't do anything without purpose & with millions of followers on twitter, he can influence the market to great extent for his benefit. We have witnessed huge market reaction after his tweets about crypto. His involvement in crypto industry has added value to this industry as well as created interest of general public in crypto because he is generally regarded as a successful entrepreneur.
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