Argentina's economic situation has been terrible for a long time, and huge inflation is among the issues that have been around for a while there as well. It's a vicious circle, as they keep printing the currency, trying to make the situation better, but that only makes it worse because the inflation keeps rising.
I'm not an economist, so I don't know how such a terrible situation can be reasonably managed, but I'd try something experimental, such as adopting Bitcoin as a legal tender (El Salvador style). Bitcoin's instability is actually likely to be a big relief compared to the fiat inflation there, and it's a currency that's at least very different and can't be driver to hyperinflation. I honestly think that while it might not solve everything, it won't hurt and might even help.
I'm thinking about this too, because bitcoin is designed to be an inflation hedge. But I don't know if it is correct to use bitcoin in this case and will it solve a country's inflation? Bitcoin is so volatile, will it further harm the economy, or will it actually benefit a country? It can be seen that applying bitcoin to personal finance is really effective and can help us avoid inflation in the long run. But for a national economy, that's not simply going to solve the problem. I hope someone really knowledgeable about economics can explain this. |
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Hopefully Milan still has a chance in the Serie A League because so far they are in fifth place on the standings, and their position is very dangerous because the point gap with Roma is so small that Milan must win in the next match to provide a distance of enough points from Roma. Sampdoria should be a very easy opponent to beat, and it will be easy for Milan to win.
I don't think Mourinho will prioritize Serie A in rest of season. Roma just get in a final match of Europa League and they only need one more win in the final match to go to Champions League. It is more easily to achieve than beating some other clubs and get in top four of Serie A with current gaps they have with above clubs. It pluses with not too good conditions of their player fitness, Mourinho will surely sacrifice Serie A and remaining matches there for Europa League final match. Mourinho is heading for winning back-to-back European titles with Roma. His team will qualify for next season’s Champions League if Roma win the Europa League. Therefore, it makes perfect sense to prioritize their efforts towards achieving success in the Europa League, even if that means sacrificing some of their league games in the process. So, it's fair enough and reasonable to me sacrifice your league games for betterment. It is actually understandable. But I wonder if it is going to be understandable to the Roma fans. As of course they want Roma to win everything . But that is not a very realistic ask in my opinion. But in the same time, Roma will have to win the Europa League title. Otherwise the team is going to be under a lot of pressure. Jose mourinho will also be under a lot of pressure. If they are actually able to win the europa league title I don't think people will be too angry. But the expectation is going to be very high from Roma next season. |
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It's true, fiat is still king and an indispensable necessity in our lives, even though we always speak ill of it when compared to bitcoin. That's why I don't want to argue too much about fiat and bitcoin since both have different use cases. No one is forcing us to use only fiat and not to use bitcoin and vice versa. We should take advantage of both to make our lives as comfortable as possible.
I believe that even people who became rich by holding bitcoins very early on, they have more fiat money than cryptocurrencies. Everyone likes safety, no one wants to take risks.
Fiat will still be widely used by the majority of the general public because the adoption of bitcoin is still very small and that is why fiat is still very much needed in various aspects of other needs, about talking about the badness of fiat is because they believe too much to save a lot of money in fiat, of course it will be inflated then it is highly recommended to invest in other assets rather than storing them in fiat, while we mean that fiat is used for daily use with other needs not to be stored for too long. I know this will contradict my words a lot, but indeed more income is from investing in bitcoin, only saving from fiat. With explanations and fair advice like these, I really have nothing to argue with you. But what displeases me is that there are some people who say get rid of fiat altogether, leave the bank, and put all your money in bitcoin. Some even brag that they have no fiat and only own bitcoins. But that statement makes me doubt, I don't believe anyone can survive without fiat or banks, even though we need to limit our dependence on it, as you said. Even El Salvador has accepted bitcoin as a legal tender but still using USD, they dare not get rid of the fiat currency entirely. There is no place in the world where bitcoin can be used without fiat. |
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Before 2019 we used to see Kohli in the same manner as he did yesterday. It was just astounding to see him hit a breezy 100 in 63 balls. Not to forget Klaasen 104 runs in 51 just balls.
Kholi's 100 is special because it cam while chasing the target under pressure. I always said that he fails unders pressure now days. It seems he might have overcome this issue. A good sign for the Indian team before the ODIWC.
I actually thought Sunrisers could have got at least 15 more. 200 was reachable for Sunrisers in my opinion if they actually did not waste so many balls towards the top order. The strike rate from the top-order batsman of Sunrisers should have been better. And of course, it was actually very great to see Virat Kohli playing like that. It has been a long time since we have seen this form of Virat Kohli. RCB is certainly looking good with the batting performance. They did face some problems with the bowling in previous matches but in this match, they have shown good temperament while bowling. |
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there are many people investing in bitcoin, some are profitable and some are losing. and I believe bitcoin has a big advantage. The question is whether when you benefit from bitcoin, you can help your economy and your family?
I think BTC is useful for long-term investments only, most probably it won't make someone rich in a couple of months. The other thing to do with crypto is to save money, since the world's main fiats are at a high risk of heavy inflation now. So having BTC is anyway a good idea... In the long term, the upside potential of bitcoin is huge, but it also comes with risks, bitcoin is not only profitable but also potentially risky. Bitcoin has potential, but its future is still a question mark as no one has proven it will exist in the future. So I don't think it would be a wise decision to use bitcoin as a means of savings, not to mention its volatility is not suitable to be considered savings. Owning bitcoin is one of the great things as it is the best return on investment these days, but bitcoin is only suitable for investment, and investment is risky. So don't put all your savings in bitcoin, diversify with other assets. |
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Crypto is still a risky asset, its value can disappear quickly, so it's hard to say someone is rich when they hold crypto, especially shitcoins. For me, it is only when converting cryptocurrencies into fiat and tangible assets that it is called our money. If our wealth is still in cryptocurrency and it is shitcoin, then there is no guarantee that our wealth will be maintained long term.
Although we are engaged in cryptocurrency to get rich, it is necessary to be realistic, and if I am a woman and with this question. I would also choose someone with more fiat than crypto.
That's right, until you have cashed out your cryptocurrency, these are just numbers on the screen, which can increase and decrease depending on the market situation. That is why it is so important to take profits, in the end there is nothing stopping us from re-investing fiat in bitcoin if it again drops significantly in price in the next bear market. And by the way, the attitude towards cash and the balance on the screen is different, when you receive cash in your hands, you will treat it more carefully, such a psychology regarding money. In essence, we will return to fiat because it has become a necessity for a tool that is used for transactions everywhere. Even if we make a profit in any investment including bitcoin or crypto, then of course we will exchange those profits in fiat so that it is easier for them to spend whatever they want in their own country, then fiat is what is needed. Take advantage of opportunities or moments at the right time to take profits, including in crypto trading, but for bitcoin investment, we have to wait longer for it to be cashed out, even those who take a little profit don't matter to them, the most important thing is there is a target of what percentage they want these advantages. So if we judge between titles, there are those who are rich in fiat, so that's a lot, there are those who are rich in crypto, of course there must be someone who is successful, but behind all that fiat is still very much needed. It's true, fiat is still king and an indispensable necessity in our lives, even though we always speak ill of it when compared to bitcoin. That's why I don't want to argue too much about fiat and bitcoin since both have different use cases. No one is forcing us to use only fiat and not to use bitcoin and vice versa. We should take advantage of both to make our lives as comfortable as possible. I believe that even people who became rich by holding bitcoins very early on, they have more fiat money than cryptocurrencies. Everyone likes safety, no one wants to take risks. |
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Looks like Punjab is about to kick the bucket. Dhawan getting injured when he was on fire earlier on in the season was a huge blow to them and he never retained that fire after returning later on.
Delhi is already out, but they are taking Punjab along with them comfortably. Wonder when either of these teams will end up winning the cup for the first time.
PBKS is losing the match. They had to win this match if they wanted to keep them alive in the tournament. DC has won the match by 15 runs. This was a good performance from DC. But this was certainly in vain. After all, both of them are going to be out of the tournament. But it was not very surprising to me. The thing which was actually very surprising is RCB actually still has a chance if they can consistently win. RCB does have a better run rate. So it is possible for them to get head of Mumbai Indians and actually qualify. |
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......
So back to question. which is preferred? Married to fiat rich or crypto rich? Although crypto can be created at the comfort of your basement, also the value would plummet quickly to near zero too ... etc.
Personally, I would prefer to be married to a rich person with lots of fiat reserves compared to cryptocurrencies. Remember that being rich in cryptocurrencies mean that their resources are somehow unpredictable- if the prices drop in the market, then such person could lose 50% of the total value of their cryptocurrencies. On the other hand, if a person is rich with fiat, at least, the money that she has is stable and she could venture and diversify the investments. Remember that being rich in cryptocurrencies can be misleading. Until they have converted their cryptos to cash, then that is the only time you would consider them rich to begin with. Crypto is still a risky asset, its value can disappear quickly, so it's hard to say someone is rich when they hold crypto, especially shitcoins. For me, it is only when converting cryptocurrencies into fiat and tangible assets that it is called our money. If our wealth is still in cryptocurrency and it is shitcoin, then there is no guarantee that our wealth will be maintained long term. Although we are engaged in cryptocurrency to get rich, it is necessary to be realistic, and if I am a woman and with this question. I would also choose someone with more fiat than crypto. |
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Not only countries in Africa have large mineral resources, many other third world countries also have rich resources. They have mineral resources but lack the technology and machines to mine and process them, this is the situation in most poor countries. Instead, they look to developed countries that have the technology to help them do that, and of course, the developed countries will take advantage and find ways to keep their distance so that they have more benefits.
I think the 3rd world countries rich in mineral resources will find it difficult to self-exploit and produce in the future, the great powers will find all ways to restrain and make poor countries dependent on them. That's why the world still has huge disparities between countries.
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Indian parents doesn't have the mind to make their children cricketers for different reasons. The prime reason being the population and the selection process. As India is the highly populated country in the world it is really hard to be one among the 11 playing for the country. Now with IPL we were able to see more young talents getting opportunity. So, IPL have made more players life meaningful, if not many could've gone unnoticed. IPL have turned to be one among the top leagues played around the world. Right now more players will be having the mentality, atleast to get an opportunity to play in IPL.
I have heard that Indian parents actually tell their kids now that you don't need to play for the Indian national team as long as you play well and can actually get yourself a place or a team in the IPL. That is how popular and relevant IPL has become. They know that it is going to pay very well even if they are not on the Indian national team. The IPL has given relevance to a lot of young players. Players have also become popular because of the IPL. We all know that almost every other cricket board is trying to do that. But it is not going to be that easy. |
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I would say Bangladesh won this match only because of Mustafiz's brilliant bowling. But Miraj and Hasan's bowling was good enough in this match. A mere 274 was not enough to win on such a pitch. The performance of Bangladesh's batsmen was poor. Ireland on the other hand collected more than 100 in their second wicket pair. And till 40 overs the match was in control of Ireland. But unfortunately, they were defeated. I would say that Ireland was defeated because of the experienced performance of Bangladesh's bowlers. Otherwise, Ireland would have won this match easily.
Mostafizur Rahman played an important role for Bangladesh team's victory. The talented young cricketer managed to pick up two important wickets of Stephen Doheny and Lorcan Tucker. I saw their batting of 21 overs and naturally thought that Ireland was going to get an easy win. But I could not think that the match would turn later. But it was unfortunate for Ireland that they would eventually lose to Bangladesh by just 4 runs. They had a chance but they didn't capitalize it. Mustafiz certainly performed really well in that match. But I would say that Hasan Mahmud also performed really well. We are not talking about him enough. The way he bowled the last over was absolutely incredible. But I will actually blame Ireland. Remember Ireland had given 26 extra in that Bangladesh batting innings. Imagine that being anything less like 20. It was going to be a win for Ireland. Both innings took a big turn towards the end. I still have some question marks about the captaincy of Tamim Iqbal. |
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~
I don't think India will ever have any shortage of talent just because of the population. They have so much population and almost all of the population is so interested in cricket that I don't see them having any problems finding talent at any given time. But still, India will have to be careful about these transition periods. India does have the infrastructure and grooming of young players are way better than it was in the last decade. IPL is one of the main reason for this rapid change as teams are scouting players from clubs and helping them at a younger stage in their career and that makes a difference and population alone is not the reason. Another reason is India always spends a lot of money on cricket. And we all know India is the biggest revenue-generating country in the world of cricket. So every parent in India knows that the future of their children is going to be really good in cricket. Of course, there will have to be a good cricketer. But I think even if a player does not get called for the national team he is still going to be paid a lot of money if he can play in the IPL. The popularity of IPL has also made players from all around India perform well to have a chance to play in the IPL. |
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~snip~
But buying cryptocurrencies can be difficult.
I don't get it, why is it so difficult to buy crypto? As far as I know, most of the governments have become more crypto-friendly than in previous years, they are no longer banning it but instead adopting it with some regulation attached. There are only a few countries that are still extreme with crypto, but I also don't see many people having trouble buying bitcoin or crypto while in those countries. The only downside I see with crypto is its volatility and that's why it's still considered a riskier asset than gold or real estate. But in terms of investment, the higher the risk, the higher the return. |
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~snip~
So, I don't think it will be an issue for India. But at the same time, they will have to try to create a team from the earlier stages.
Yeah, the overall transition period won't be that bad but it's a challenging phase for any team. If not done properly then it would only hurt the test team for years or even decades. WI, SL, SA, and PAK are fine examples. There are a few concerns for the Indian team despite having bench strength. Personally, in the long run, I am not worried about the batting and seam department much but the spin department. Really need to find not one but 2 quality spin all-rounders to replace Jaddu and Ashwin. Patel could be like for like replacement for Jadeja but Ashwin's replacement is missing atm. I think India needs a really good leg spinner who can also bat. I know it is hard to find. After all, someone who is a really good leg spinner probably is not going to be good at batting. That is a rare breed to find. I actually have a feeling that the next generation of the Indian cricket team is going to be very good. We are already seeing that players like Suryakumar performing really well. And there are a lot of players in India waiting for a chance to play for the Indian national team.
The entire cricket world knows how strong India is in cricket. It's not build in a day. Due to hard work and effort they get this, India is currently leading the cricket world. It is said that the Indian Cricket Board is a factory for producing good cricketers. Where the number of good cricketers is very high. They are capable of producing good cricketers to play in every form of cricket. Suryakumar has become one of the talented players in Indian cricket. Who is fit enough to play in every format of cricket and that is proved in the past. I don't think India will ever have any shortage of talent just because of the population. They have so much population and almost all of the population is so interested in cricket that I don't see them having any problems finding talent at any given time. But still, India will have to be careful about these transition periods. |
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What happened to Bangladesh's batting order? 4 wickets were lost for only 176 runs after the 32nd over. I did not expect such poor batting by the Bangladesh team. I hope they recover and put on a decent target of 250 or more for Ireland. The only good news is that Tamim Iqbal is still batting. He needs to continue as long as he can. The need of this hour is that both the Captain and WK should form a partnership.
Bangladesh's innings ended at 274 runs. At the beginning of the game, the run rate was around 7 until the first 20 overs, from there the batsmen could have made this score a little bigger if they wanted. As in the second ODI match, no one could bat responsibly for Bangladesh today. Although Tamim Iqbal, Mushfiqur Rahim, Mehidy Hasan, Liton Das, Nazmul Hossain Shanto made small efforts, the score of Bangladesh finally reached 278 runs. Had Mushfiqur Rahim and Mehidy Hasan not given away their wickets like this, some more runs would have come towards the end. While Ireland scored 320 plus runs against Bangladesh in 45 overs, Bangladesh scored 278 runs in 50 overs. It remains to be seen how long Bangladesh will fight against Ireland with a capital of only 278 runs. A dramatic turn of events in this match! Bangladesh were looking strong at 261/5 in 45.2 overs, but then bowled out for 274. They lost their remaining 5 wickets for just 13 runs. It's a really unfortunate turn of events for Bangladesh. Ireland must be feeling confident as their target of 275 runs. Credit must go to the Irish bowlers, but special thanks go to Mark Adair for his impressive 4-wicket. Now it's all up to the Irish batters, they have a chance to win this match. Earlier on, Ireland won the toss and opted to bowl, and it's good to say that their decision paid off. Their bowlers executed their plans perfectly, and it's clear that Bangladesh were at least 30-35 runs short in their innings. Bangladesh ended on 274 and I have to mention that there are 26 extra given from Ireland. Without that, Bangladesh wouldn't have been able to reach 250. The late middle order and low order absolutely performed badly in this match. Right now Ireland is doing well to keep wickets in hand. Bangladesh is not being able to get regular wickets like Ireland did. Ireland needs 119 from 17.4 overs. Even though the required run rate is almost at 7, I would say that it is still doable with having 7 wickets in hand. |
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Why do you think it is easy to reach $80k? The current price is around $29k, it is still quite far from $80k, isn't it? We are already in Q2 of this year, the current price is even not half of $80k. I don't think it is easy to reach $80k, we only may reach the optimum price of around $40k - $50k during this year. Sure, the price seems to keep increasing gradually but achieving $80 is unlikely to happen easily this year. It will be more realistic to achieve in 2024 - 2025, after the BTC halving happens.
We don't need to think about new ATH in current market conditions, but the market price of half of previous ATH is pretty good from a significant recovery pattern this year, Q2 period is very likely to reach $ 40k price as current price is very close to the highest recovery price ever achieved in the last few months, so Q2 has been the focus of the market can get above $ 35k and hopefully there is no correction high on the next move so $ 40k will be easy to reach in the middle of Q2. It seems you are right, there will be no new ATH this year where the market situation is really not good and hasn't even improved much, just a surprise at first. It must also be remembered that there is no sign that the world economy is heading for a significant improvement yet, so it will affect the progress of bitcoin. but it's great hope that there are no surprises until it has to be corrected back in last year, same with you I hope Q2 there is a fix to end the year at $ 50K, wait until next year which starts to enter the halving period. With how the whole economy is moving, it's tough to say that we will be able to get something that will push the price to a new high, for now the current action is on how both investors and traders are working around the market, there's no sign that a big strong bull run will show up and bring the value up. Though we all know that the incoming halving always brings good effects in terms of the value, we should invest using the amount that we are willing to hold for a much longer time frame. Breaking that All-Time-High of 69k would never been simple or something that could happen on pre-halving months because usually we do see new numbers after or post-halving season which it would be still not an assurance whether it would be happening for this cycle or not. This is why its better not to make yourself that too hopeful or anticipating because if it wont happen then it would really be a huge disappointment and being annoyed on what happened or having that discouragement. Be wary and be prepared as always because it might be able to increase its price in the past but doesnt mean that it would be automatically happens in the future. No one really knows on what comes next but one things for sure is that on the time that it would really be increasing out its recognition and adoption then things would really happen along the way. Lets just not talk in advance about numbers and being that conclusive because there's no way that we could be able to tell on how far it would stretched out. We know that it would really be basing or would really be depending into some important factors along the way. I'm sure the people hoping for bitcoin to hit $80k or a new ATH this year have never looked back at the history of bitcoin. Otherwise, they would never have made such a vague prediction because the halving is still more than a year away from us. I agree that the surprise can also happen with bitcoin, but if our expectations are too high, and it doesn't happen as expected. We will be very disappointed and easily fall into panic and make the wrong decisions. The market does not move according to our thinking, we need to be realistic when investing. |
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There is no need to find reasons for everything because sometimes the news just legitimizes the market's movement. Instead of looking for a reason, I will just consider the movement of bitcoin, as we cannot expect bitcoin to rise continuously and never correct.
As I said too, if people know that when bitcoin corrects, we will have a better chance of getting more bitcoins, then why be disappointed? We should be happier.
BNB is an altcoin worth holding for the next bull season, but I prefer ETH over BNB, BNB relies heavily on Binance, and I don't think Binance will continue to hold the top spot in the market.
~snip~ It does rely heavily on Binance, but it's the largest exchange in the world. I don't see much of a reason to worry; if something unfortunate happens to Binance, the cryptocurrency world will rapidly change for the worse. On the other hand, compared to yesterday, the situation has slightly improved, but personally I am not saying that Binance will collapse, but instead think of Binance losing its breath and losing its top spot to another exchange. Maybe your BNB investment won't make you lose, but it will disappoint you by not yielding the expected return. What I worry about for BNB is that it is too dependent on Binance, while we can see Binance and CZ are having a lot of legal problems, and that makes me really worried for the future of BNB. I used to put a lot of faith in BNB too, I believe it can be like ETH but I am gradually limiting my investment in it due to their recent difficulties. Anyway, this is just my opinion and I know everyone has different investment vision. |
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Getafe is a weak team, so it's a good idea to rest the team's good players. If necessary, they can be added to the game later. It's a very right decision for Real Madrid not to waste their energy against one of the worst teams in the league when they have a critical game like Manchester City in front of them. The more rested these players are, the greater their chances of qualifying for the Champions League finals  Getafe cannot be underestimated today regardless of who they face. Real Madrid could have lost at home although Getafe weren't too good to be expected to win. The odds for Real Madrid are too low because they are the favourites, but Getafe must be considered the team that has always made it difficult for Real Madrid in the last few seasons. This season Getafe lost at home to Real Madrid by a score of 0-1, but they may be able to get their revenge by beating Real Madrid or fight it to a draw in their second meeting this season. You're right, Real Madrid only plays an "average" second team as their focus right now is the Champions League second leg against Manchester City. Real Madrid is dominating the match so far against Getafe. 28 minutes have been played. None of the teams have been able to break the deadlock so far. Of course, I think Real Madrid is going to be the winner of this match. After all this match is a chance for Real Madrid to be in the second position of the table. They will also have to depend on the result of Atletico Madrid in the next match. But first things first. Real Madrid will have to win this one. Getafe is not bad. But the current form does not indicate that they will be able to beat a team like Real Madrid with all due respect. |
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WTF final is a one-off match, but for sure the Indian selectors can do some experimentation with selection for the remaining 4 matches.
They will surely make some changes in the squad and we might witness new names in the rank, especially for the Windies tour as it's considered an easy tour. After this maybe new guys can make their cases for the SA tour, which is a tough tour for India and winning there still remains a pipe dream for the Indian team. Now it's time for Indian selectors to do some experiments after WTC Final pick youngsters for the tour of West Indies because they have enough players for giving them chances Rohit Sharma, Virat Kohli and few others are reaching to end their careers so giving chances to youths in not bad idea which will give them confidence and experience as well in red ball format which is also looking for better intention from them. SENA tours are never been easy so going with mostly experienced players are good idea but keeping youths for other tours surely good change with quality and performance will be increased, and we will be able to do things with better way in future as well. I absolutely agree. India has a very good men's squad right now. So they should be concentrating on improving the next generation of players. It is true that the best players of the team are actually going to retire very soon. I actually have a feeling that the next generation of the Indian cricket team is going to be very good. We are already seeing that players like Suryakumar performing really well. And there are a lot of players in India waiting for a chance to play for the Indian national team. So, I don't think it will be an issue for India. But at the same time, they will have to try to create a team from the earlier stages. |
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So I want to remain you guys again that right now is not the time to buy bitcoin.
Inflation is still high, interest rates are still getting higher, FED is not planning to stop any time soon, and the economy is suffering. All these reasons won't let Bitcoin rise from the ashes YET. But I believe we will see the end of it this year, probably in Q4.
everytime is the right time to buy , - the only thing is that can you affort of holding if ever it takes time before gaining richer? It's also not entirely true to say that every time is the right time to buy bitcoin. You cannot advise someone to buy bitcoin when it hit $69k last year or someone to buy when bitcoin is $100k in the future. You won't lose even if you buy at that price as long as you don't sell it, but it's a bad investment method because it will take you a long time to break even while someone else will make a big profit at the same time. Buying bitcoins requires the right time, and finding that moment depends on each person's skill. So I recommend holding on to your cash/stablecoins right now and waiting for the signals to buy Bitcoin.
And as always, the best signals to look for: FED start cutting rates. When this will happen, it will mean that economy will start recovering soon so it's a great time to buy anything you want before crypto and the stock market will go up.
Have a nice day and take care.
lol holding stable coin? that is the stupidest idea i ever heard being posted here in Bitcoin forum. if this is your logic, then better to get out of here and find your way to banking system lol. I think what he meant was not to buy at this point and pick a better time to buy. Because everyone has a habit of when the market is volatile or waiting for a good time to buy, their assets will be in the form of stablecoins or cash. |
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