In this case of the boy, I remembered one thing that the children will be developed in the same way as the parents raise their children from childhood. The boy's father may want to expose his son to Bitcoin from an early age.
Most children's personalities are shaped by their parents; the habits that parents instill in them are what they will grow up with. For this reason, parents have important roles to play in raising their children; we should therefore avoid always acting negatively in their faces because they will quickly pick it up and adapt to it.His father may not even have intention to expose the boy Bitcoin, instead, he may be simply watching what his father is doing. Alternatively, it's possible that the boy's parents simply have the Bitcoin logo displayed in their rooms or that the boy has simply noticed the Bitcoin logo in one of these parents' phone over and over again. Parents play an important role in shaping their children's character and habits, but their habits and personality will change over time. They will keep only what they like and suit them, and they will also get rid of what they don't like. When they are young, their minds are not fully developed, so they like to imitate everything, but when they grow up, their minds are fully developed, and things will be very different. I also have kids and that's what I'm going through. So teaching them about bitcoin early won't guarantee anything either. You won't be with your child all of the time therefore interaction with other people and different environments won't be limited. Indeed it would require a child's initiative to do something but why should a child learn about investment at an early age? Well that is really a good trait but in such way, what's 'natural' won't be meant. According to many developmental theories, a child's growth could be affected by many factors and each of those would play a key role as the child grows. Teaching something that won't be necessary at a certain age range will just delay the child's natural process of growing up. Instead, it would be more effective to wait for that 'right' age. Right age refers to a point in one's life wherein an individual can make his/her own decisions with rationality.You made a correct point, and I bet many parents are unaware of this, and they only teach their children according to their feelings, they will teach what they think is good regardless of whether their child is suitable or not. Back to the issue of teaching bitcoin to children, I see many people advocating for teaching bitcoin to children while they don't even care about their age. Recently, the forum has been some topics about bitcoin and children, and most people are blindly supportive. I don't object, but frankly, we need to provide age-appropriate knowledge to be most effective. Don't just cram and teach them unnecessary things. |
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I have been in the market since 2018. The paradox I find is
The market is always changing according to world news. It has nothing to do with bitcoin
For a small investor like me, this is undesirable
I want to ask experienced investors?? How can you capture this potential market?
~snip~ It is the nature of it so we're going to need to adapt to it, learn, and make strategic plans on investing and how are going to exit the market. You lose if you get manipulated by the news. This is also my point, we don't need to complicate matters. Let's simply think that's the nature of the market, and that's how all financial markets work, not just crypto markets. There's nothing we can do to change it, so instead, find a way to adapt to them and find a way to survive in this market. Many investors have taken advantage of following the news to make a profit, we should also do that instead of asking why. Don't forget that our goal here is to make a profit, not to find a way to make bitcoin independent of the news, the outside world. |
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You should have at least a fraction of your wealth in bitcoins because you cannot always rely on your other assets when calamity or some disaster will occur. Not only that, but you also need to have bitcoins in order to experience full privacy and ownership of your money without relying on any third party who is keeping your money and they have the option to disable your withdrawal like what we have seen in the recent occurrence when Afghanistan has closed their banks due to some conflicts and denied their withdrawal for all of their clients. This could also happen to us without any doubt to be ready and have alternative solutions, you can always choose bitcoins for that.
I do agree with your opinion. Additionally I want to say that , one reason to buy Bitcoin is its potential in the market, and it has a hedge against inflation. In these times of economic uncertainty or when traditional financial markets experience volatility, investors often seek alternative assets that can retain their value and gave them financial benefits. Bitcoin has demonstrated its ability to act as a hedge during such periods. Bitcoin does not hold the same value, being even more volatile than traditional assets. With a limited supply, bitcoin was once considered the most effective hedge against inflation we have ever had. But due to its volatility, it did not really play an effective anti-inflationary role during this crisis. In my opinion, it only works when we hold it for the long term, but the short time cannot be compared with gold in fighting inflation. However, it's important to note that investing in Bitcoin involves risks, and its price can be highly volatile, but you can get benefits from your understanding regarding market trends.. Governments, significant businesses, and financial institutions have all expressed interest in blockchain technology and bitcoin. The increasing acceptance of Bitcoin by the general public and its use in numerous industries are both possible outcomes of this growing adoption.
If it is already a high-risk asset, it is more suitable for speculation than a safe haven or a hedge against inflation. I don't see governments interested in bitcoin, but I do agree that demand for bitcoin is growing over time. The need for investment and privacy... makes people increasingly interested in bitcoin. |
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In this case of the boy, I remembered one thing that the children will be developed in the same way as the parents raise their children from childhood. The boy's father may want to expose his son to Bitcoin from an early age.
Most children's personalities are shaped by their parents; the habits that parents instill in them are what they will grow up with. For this reason, parents have important roles to play in raising their children; we should therefore avoid always acting negatively in their faces because they will quickly pick it up and adapt to it.His father may not even have intention to expose the boy Bitcoin, instead, he may be simply watching what his father is doing. Alternatively, it's possible that the boy's parents simply have the Bitcoin logo displayed in their rooms or that the boy has simply noticed the Bitcoin logo in one of these parents' phone over and over again. Parents play an important role in shaping their children's character and habits, but their habits and personality will change over time. They will keep only what they like and suit them, and they will also get rid of what they don't like. When they are young, their minds are not fully developed, so they like to imitate everything, but when they grow up, their minds are fully developed, and things will be very different. I also have kids and that's what I'm going through. So teaching them about bitcoin early won't guarantee anything either. |
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The last match between Juventus vs Milan was a very attacking game. Milan are currently in a good position in the Italian league and their style of play is good. They are fourth in the points table after beating Juventus in the last match. We know Juventus is a good team but they are not performing very well this season. And Milan has become a lot stronger this season, if they can win their next match, they will definitely be in a good place in the table points. as the best and strongest team this season, Nopali is at the top of the points table. Nopali is one of the champions in the Italian league, a club that is great in their style of play. No club will put Nopali's ability to occupy the place to give them points far ahead of any other team.
According to the statistics of the last 5 matches, the difference between these two teams is not much. Because Juventus have won just one of their last 5 matches while Milan have won two of their last five. However, both teams have lost three matches. Milan is trying to keep their winning streak which is a good sign. With a win in their last match, they occupy the 4th place in the points table with 67 points. On the other hand, Juventus is in the 7th position. There is not much difference in the points table between Milan and Internazionale. This team is in third position with 69 points. In the match between Juventus and Milan, Juventus actually had a lot of chances. But some mistakes and also some bad decision-making made Juventus not be able to score in the match. But at the same time, Milan performed really well. Actually, Milan concentrated a lot more on counter-attack in this match. And again we see a great header from Giroud. It was not an easy one to control. But he did that very well. Leao had a great chance to score late in the match but he missed the target. I thought this was a good match and Juventus did well except for the finishing. |
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Hitting above 60000 dollar levels again is very very likely. But in 2024 not this year. As we are entering summer I think trend of Bitcoin will be pretty much reversed. But I don't expect to see ridiculous drops from now on. In my opinion Bitcoin has constant demand now globally so it's very unlikely to see 18-20k levels at all. We may see Bitcoin testing 30k usd in coming months probably after August. As I always say to friends, Bitcoin is gonna be the best option when right time comes.
Bitcoin hit $60k or more, it's only a matter of time, I'm pretty confident that it's definitely going to happen. But I don't think the growing demand for bitcoin will keep bitcoin from falling below $20k, nor do I think bitcoin is moving with supply and demand. I mean, it's still more manipulated than by supply and demand determining the trend. Many people still say that the demand for bitcoin continues to grow, especially since the recent banks collapse caused the demand for bitcoin to spike, which should drive the price up sharply. But so far, we haven't seen a breakout since the US banks collapsed, and conversely, we seem to be leveling off and still can't break the $30k. For me, there will be a lot of volatility this year, maybe we'll see a few more big drops before entering the real bull season. |
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~snip~
Hope I get proper advice from you.
If you think depositing money in the bank is risky, investing in bitcoin is even riskier. Bitcoin is a volatile asset that can be highly profitable but can also cost you all you have. I know we are on the bitcoin forum, and bitcoin will take precedence. But I advise you to choose the most suitable option depending on your situation, not just looking at the profit but ignoring the risks you encounter. Moreover, it is money your father risked his life to get it, you should let him decide, not you. |
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Well, what I'm talking about is the opinion that winning the Copa del Rey is a success for Madrid. For me, that's not Madrid's target. Maybe, due to the loss of several important players, Madrid has become inconsistent in La Liga this season, but i think their squad still deserves to be a champion both in La Liga or UCL, unfortunatelly they can't do that. However, if he say the Copa del Rey trophy is a success, i feel like madrid is a weak team because just trying to get copa del rey title. I don't know, maybe he means "better than nothing",. You are right, it is much better to win the Copa Del Rey than to win nothing for a season when the favorites to do so. Real Madrid's obstacle this season is the lack of suitable replacements when their main players are injured or due to other reasons. Ancelotti has a good core of players, they can provide the best competition, but when one or several of them are absent, Real Madrid's performance tends to drop. Then Ancelotti relied too much on Benzema as a goalscoring striker and changed his game plan. It has been proven that Real Madrid without Benzema has difficulty winning many matches. There will be a lot of people out there who will hate for saying this, but I honestly believe it to be true that Benzema was a one-season wonder. He was actually not able to do as much as he did in the previous season. But at the same time, he did perform decently. But the coach should have kept someone as a replacement whenever he was actually not performing well. We all saw that Real Madrid needed a better striker to be honest. A lot of people will say that Real Madrid did not perform well this season. But at the same time if this was not Real Madrid and if it was any other team I believe people wouldn't have said that. |
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Bangladesh A team will lose badly against West Indies. Bangladesh lost their first wicket by 25 runs. And the Bangladesh team lost three wickets to collect only 66 runs. And now Bangladesh's collection is only 70 runs. Bangladesh are still trailing by 375 runs. Now if the batsmen of Bangladesh are not able to build a big partnership then the Bangladesh team will not be able to collect even 250 runs. Yasir Ali and Saif Hassan are batting now. If this pair does not play well, I will say Bangladesh will lose all wickets before 250.
The Bangladesh A team is batting irresponsibly against the West Indies A team. Because if Bangladesh is 250 or 300 runs behind the West Indies in the first innings, Bangladesh may be invited to bat again by the West Indies A team. In that case, the chances of Bangladesh losing by innings are very high. I had a bit of faith in the front row batsmen but the way they got out now I don't have a bit of faith in these batsmen who will see Bangladesh all out against West Indies at any moment. Because tomorrow when Bangladesh will start batting in a new way and West Indies will start bowling with a new ball, it will be very difficult for the Bangladeshi batsmen to face the new ball. Even though this is the Bangladesh A team a lot of players in this team have already played in the national team of Bangladesh. So I do not understand how Bangladesh can perform so badly! Maybe the Bangladesh team is not taking this seriously because this is an unofficial test match. But that is certainly not an excuse which should be given by the players. Bangladesh team has multiple players who should be performing a lot better than they are doing right now. I don't know if they actually take cricket seriously or just as a hobby. I believe there should have some reality checks being done to them by not getting selected in the future. That will make them try to perform better. |
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It is going to be really sad if the trophy actually gets shared. This has been a great tournament so far. Very high scoring and also very interesting. Really wanted to see a good finish to the tournament. GT performed really well to get all those runs. It had to be a great chase from CSK to reach a total of 215.
Mistakes were made by CSK. But anyway, now it does not matter because I don't think the match is going to be played. I wonder if there is another date on which the match can be moved to in search of a single winner of this tournament.
Don't worry about this because right now we are in sixth over of this final and CSK openers are hammering all around to GT bowlers which is amazing after rain now we have target of 171 in 15 overs which was looking not good as rain also have impact on pitch and conditions, but CSK openers are doing amazing job and look like they want to give good farewell to their captain who is playing his last match. Even as GT batsmen bats early things looking not easy for the CSK, but now their openers are setting and doing impressive job all bowlers having punishment just Noor Ahmed give some hope but still I am feeling things are favourable for the CSK as they are having good long batting line-up which can give their best in this match for the win of title right now we are in sixth over with 60 runs without any lost. Right now CSK needs 38 runs from 18 balls. This certainly looks difficult to achieve. But we have to remember that they have already scored 133 from 12 overs. CSK also has 7 wickets in hand. So they can absolutely go aggressive without any problem. Rayudu is new in the middle. That's a problem for CSK right now. But at this moment it does not matter and they have to score boundaries in almost every two balls. Surprisingly Rashid Khan has not been able to do anything in this match so far. In his three overs, he has conceded 44. It is certainly going to be a very interesting finish. |
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~
Dolly catch dropped and even Jadeja fumbled with the runout chance, that's the pressure of the final.
But one man is rock solid behind the stumps. He's 40 old guy and his reflexes are still working fine lol. Anyway, fingers crossed for the run fest.
Mahendra Singh Dhoni will be 42 years in couple months and his reflexes is incredible and that stumping was a thing of beauty when others were fumbling in the field. Sad thing is that the rain has affected the match once again which is a real disappointment. With the way things are going with the weather both these teams might be sharing the trophy. It is going to be really sad if the trophy actually gets shared. This has been a great tournament so far. Very high scoring and also very interesting. Really wanted to see a good finish to the tournament. GT performed really well to get all those runs. It had to be a great chase from CSK to reach a total of 215. Mistakes were made by CSK. But anyway, now it does not matter because I don't think the match is going to be played. I wonder if there is another date on which the match can be moved to in search of a single winner of this tournament. |
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-snip-
The perfect record of Real Madrid, during the four years of visiting Sevilla they never lost. Madrid played effectively, they didn't have many chances but managed to score two winning goals. Sevilla had eleven shots against Madrid, only six. But indeed Toni Kroos played very well. I think he is still good enough to have a contract with Madrid next season. Yes, Real Madrid played very well even though the match was at home to Sevilla, but Madrid was still able to beat Sevilla, it's just that Sevilla received a red card, namely M. Acuna. Actually no one thought that Madrid would win because Sevilla also performed quite well on this season. I made a small profit by taking goal bets on both teams.  I already thought that Real Madrid will win even before the match, but when the real match started and Real Madrid was not able to dominate Sevilla, I now realised that it will be difficult for Madrid to win Sevilla. Things were going well till Acuna conceived a red card which is the second and consecutive red card after the one he collected last mid-week in the Europa League I think M. Acuna should be careful with his career or it will end in no good way. It doesn't pay to be unnecessarily aggressive in every match. Real Madrid could not dominate the match. Madrid probably had no desire to dominate the players. Benzema and Vinicius could not be with the squad for this match due to injuries. And without these two players, Madrid's attack is quite weak. Vini and Benzema are the main forces in Madrid's attack. Ancelotti probably hoped to play a defensive strategy to draw the match. He probably didn't want a player to suffer a season-ending injury. However, Madrid was very lucky in this match. Despite very few attacks, Madrid managed to score two goals in this match. Rodrygo's two goals helped Madrid win the match 2–1. However, compared to the Madrid players, the performance of Sevilla's players was better in this match. |
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I believe bitcoin and banks are well renounced investment platforms but many people prefer bitcoin investment despite is very risky because of high demands and rising price interest and banks on the other hand saves millions of people finances all over the world yet their investment interest is very small but less risky than bitcoin. Which do you preferred your money to be save in as investment? Bitcoin or bank! What's your reason?
When it comes to savings, I would think of a bank or keeping money in a safe. But with bitcoin's volatility, I don't think it's appropriate to call it savings. So I usually don't like to compare banking and bitcoin. Furthermore, whether banking or bitcoin has its pros and cons, and my point is never to put all your assets in one place, never to put all your eggs in one basket. Diversity is something I always think about. The money for investment I will deposit in bitcoin and the savings I will bank or keep in my safe. We need to diversify and allocate assets properly to both ensure safety and bring our best interests. |
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Absolutely, there's this gigantic misconception floating around Bitcoin like a bad smell. Folks see it as this magical money maker due to its wild price swings, which, don't get me wrong, are pretty thrilling, but they tend to paint an unbalanced picture.
We can dial down this trend by hammering home that Bitcoin is not just a wild stallion in the financial rodeo, it's more like a chess game that demands a good grasp of the rules and a cool head. And, Bitcoin isn't just some digital version of gold bars; it's a whole new tech species with the potential to give our financial systems, and society at large, a serious makeover.
Blockchain technology, the heartbeat of Bitcoin, has a lot more going for it than just making you feel like a millionaire overnight. It's a fresh spin on securing data, enabling peer-to-peer transactions, and a lot more. So, the question we should be asking isn't "How can I get filthy rich with Bitcoin in record time?" but rather, "How can this tech wizardry help us build better, stronger systems?"
AGREE! I think a lot of people that are new in bitcoin only know it as magic money! When I read treads I created, I see people saying "yes, bitcoin is just an asset, not currency" almost always. It's crazy that people forgot that bitcoin IS a currancy that should be freely used without banks or any other institutions. But people who just want to make a quick $ are happy with what is happening and support ANY regulations as long as they can trade bitcoin to buy another lambo and they don't care that because of that we are moving further away from what bitcoin should be. Looks like greed kills bitcoin. I disagree, I also consider bitcoin an investment rather than a currency, and I don't see anything wrong with it being used by many as an asset. Depending on the needs of each person, you cannot force everyone to follow your thoughts. Like you use real estate to build a house, but I use it for business. In your opinion, am I using real estate for the wrong purpose, or are you? We should use it according to each case and need, bitcoin is a versatile asset that is being used very well by everyone, while you can only complain and not get any benefit from it. One more thing, none of us support regulations, but regulation is inevitable whether you like it or not. |
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To go with stocks instead of crypto during this period makes me wonder if people are still mad. I mean stocks are just companies, companies crash, they bankrupt, there is nothing that can make you trust a company more than you could trust some crypto.
I would trust the biggest company, apple (or is it tesla now) as much as I trust BNB at most, which is third coin, and that is the biggest company, I would feel like ETH and BTC is a better investment than any other company anywhere on the world, it's just as simple as that. Some may disagree with me but that is how I see it and I will continue to see it that way forever. People are just overly fond of these stocks because that is how it has been for a while and they are having trouble changing their perspective.
Everything is at risk, man. After all, ETH or BNB are also run by an individual or a company, so the possibility of their collapse will also happen, they cannot be safer than the stocks of large companies like Apple or Tesla. You prefer crypto because they simply offer better returns than stocks, but the higher the return, the higher the risk. In terms of market capitalization, Apple's capitalization is around $2.7 trillion, which is 2.5 times larger than the entire crypto market. So to say that stocks are not safer than crypto is a lie and slightly biased toward crypto. To be fair, cryptocurrency is not the best investment, it is just the most profitable investment, but everything is always proportional, high return comes with high risk. |
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Bitcoin is already an unofficial currency,
Yes! Some people use it as a currency, but if we want to see mass Bitcoin adoption, to be able to pay with it everywhere and not just in a few stores, we need to understand that it can't be just an asset to most people. I honestly don't know how to solve this problem, but from what I see, people won't be using bitcoin as money as long as it's an asset that is dumped 3 times a week. I'm afraid that soon no one will talk about bitcoin as a technology, but as a cool asset to trade to get a quick buck and then sell and wait for it to go down again. That way, it will never be even close to 'stability'. Exactly, Bitcoin just stands for an alternative currency for some people especially to it's users. We couldn't just expect people to understand how to have an transaction using Bitcoin since they are not widely known yet. I think as long as fiat money exist, bitcoin wouldn't be used as currency since despite the convenience Bitcoin gives you still have to use technology to transact unlike trading of paper money as payments to any store. Plus people already adapted for a long time using fiat money as transactions so it Bitcoin became a currency where most people use, then probably there's something wrong in the economic status of a country. In the case that even if fiat disappears, bitcoin cannot become the world currency. The government will create a new currency to replace fiat, they will never accept a currency that is not under their control. Strictly speaking, as long as the government controls this world by centralization, they will never allow a decentralized system to be used universally. I'm afraid that soon no one will talk about bitcoin as a technology @crypticj, you are wrong, even if bitcoin has become a speculative asset, it still has its technology and people still use it because of its anonymity and decentralization and not just for the profit it brings. |
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I think it will never become a stable because bitcoin is decentralized there are buyer there are also sellers it always round and round cycles sometimes it is in bull market sometimes it is in dip or bear market there is no record on history that btc become stable coin it is always unstable from 2010 till today, i don't know the future but i am in favor of bitcoin is still unstable in the future.
But what if the market capitalization of bitcoin becomes $20 trillion in the near future? Will it continue to remain unstable and volatile? It will be very difficult to find another $20 trillion to double the price of bitcoin. My thought is that if bitcoin will continue to rise in the next years to come, it will come to a point where its valuation is just too high to become volatile. Just like the blue chips in the stock market where its movements are not as volatile anymore compared to those stocks that are only worth hundreds of millions in dollars. This is true, we will easily see if we compare the returns from the early years and the recent returns of bitcoin. In the early years, bitcoin could grow by several thousand percent, but in recent years that growth is only 100%, 200%, or 300%. It can be seen that over time, the larger the capitalization, the smaller the returns. But in return, bitcoin will become safer with a larger cap. But for it to become completely stable as a currency, I don't think that will happen, there will still be volatility but it won't be huge and that's why many investors today prefer to invest in altcoins rather than bitcoin. |
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I am not sure that any problems with the US domestic debt (under any scenario) will positively affect bitcoin. The problem is that cryptocurrencies have recently lost their mega investment attractiveness for the masses, plus, it turned out that the crypt is not a "safe haven" where you can survive the "financial storm" and not lose your savings.
What is highly likely to rise in price is gold.
If you believe in bitcoin's deflationary nature, then a US government default will have a positive impact on bitcoin. Because people will quickly look to other safe havens like metals and deflationary assets, and bitcoin will likely be of interest as well. I don't see any news or evidence that crypto is losing traction, it's still getting a lot of attention from the community, it's just that during the bear season, you won't see much positive news. Given bitcoin's volatility, it's more suited to be a speculative asset than a purely safe haven, but if the US government defaults and the world economy falls into chaos, then it will become a safe haven. |
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Have I said something too harsh? He took this personal and report me to my eldest brother, my brother said I shouldn't mind, he doesn't know that my brother is now also a Bitcoin investor, my mistake was making it public, which my brother never did. The tone of your answer is somehow disrespectful. You can just keep quiet and pretend to listen and do what you wanted to do. Instead you flared out and answer your uncle disrespectfully when your uncle just wanting to extend his concern to you. He has a point, Bitcoin may or may not fail one day, if you put all your resources in Bitcoin and it fail one day then you will be in trouble. Looking to add another source of income is always better than having just one. From what OP said, it seems his uncle is quite patriarchal and always wants others to listen to him. The OP's behavior is a bit too harsh, but in that case, getting angry is inevitable. And in the end, they are our uncles, not our parents, they shouldn't go beyond their authority to tell us what to do and what not to do. While we are old enough to take full responsibility for our own decisions. If you are still planning to get into Bitcoin, don't post anything about it in family group chat or on your WhatsApp status, this was my biggest mistake. You hate your uncle for advising you what to do and yet you are here telling us what we need to do. You hate someone giving you advice and yet you are here giving others advice isn't it ironic? I don't take that as advice, it's the imposition of their thoughts on us, and I won't be able to follow them. And I agree with OP's point, we should not brag about our investment in social media to avoid unnecessary trouble. |
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It is good and bad at the same time.
It is bad because in the case of an actual default by the government of the United States, there is no way the local and the global markets will stay unchanged to such unprecedented news, so I would expect the price of Bitcoin and other crypto currencies to go down in the short term.
On the other hand, those who were a bit skeptical on Bitcoin and decentralization may start to see why such things are important, in the current economy, Bitcoin cannot default because it is a networks about debit and those network which allow debt through smarth contracts mostly work on over-collateral and not on printing money out no where.
~snip~ Whenever the US raises the debt ceiling or not, we cannot deny that the American economy is in a very bad shape. It could be in a point where there's no room for recovery. With the de-dollarization process already in effect, we can expect anything in the future. Maybe this will serve as a cataclysm for crypto to reach new ATHs? I wouldn't be surprised if BTC goes to $1m because of this. We cannot predict the future, so let's hope for the best. Just my thoughts  I agree that the US economy is also in bad shape, but if we say they will default or the USD will lose its lead, I don't think that will happen anytime soon. They are still the country that holds the world's money printing machine, so it is impossible for them to collapse, or someone will replace them. The process of de-dollarization of the BRICS countries is just the beginning, nothing can be confirmed at this point. And don't forget, with the 2008 economic crisis, things were also terrible, and they got through it all, I don't think they will fail this time. So can't expect bitcoin to benefit or have a chance to rise to $1 million because of this, that's too vague and far-fetched to think about. |
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