I’m glad we are free of all this nonsense now, it didn’t make any sense why the world was so strict in enforcement around the virus. The death toll vs infection rate was miniscule. The heavy handed approach by governments was not warranted. I am glad we are free to live our lives now.
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I prefer just to live my own life & ignore mainstream media & politicians. I think it’s the best way to be because they all peddle such nonsense. They lie all the time & most people just lap it up without questioning anything. I just do my own thing & ignore government statements, politicians & mainstream media.
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Well, I bought some fractions of Bitcoin at the price of $30K, ETH at $2,100 but unfortunately they have been going downward since then. The bearish trend in the whole market is still prevailing, which greatly impacts on coin prices. Despite the bear market, Bitcoin is still holding on its ground with its price not fluctuating over the top. However, the altcoins are becoming more volatile than before and I begin to doubt whether investing in altcoins is a wise choice. Did you invest in altcoins ? What do you think of the current altcoin market ? Please let me know.
First of all you would know be in significant profit if you had hodled from the price that you bought in at. Bitcoin is the apex predator of finance, an absolute beast. Over time it increases in price, it is what it is. Most people don’t have the balls to hodl when it is down but those that do are rewarded. Secondly the altcoin market usually follows Bitcoin but with a lag. Overall just buy & have conviction, it might he tough at times but time in the market usually means nice profit (if the coin is legit & not a rugpull).
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I think the export of goods is primarily related to manufacturing capabilities rather than resources. Manufacturing capabilities refer to a countries ability to produce goods efficiently & at a high quality. This includes things like skilled labor, technology, infrastructure & supply chains. Resources play a role in the manufacturing process, the ability to transform resources into finished products relies heavily on a countries manufacturing capabilities.
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Trump isn’t stupid, he knows that most regular people have concerns about the possible implementation of a CBDC. I don’t vote so I have no bias but he is saying things that he thinks will give him an edge in the run up to the next election. Just remember, very few politicians & people in power care about us. They are mostly all in it for selfish reasons.
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I’m still expecting DOGE to come back strong. It always has a massive rally when Bitcoin is in a bull run. We may have to wait a year or so but the old DOGE is going nowhere. It will be back with another period of euphoria in thd not too distant future.
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The world would be a much better place if there was no war but unfortunately it is not us that can make these decisions. War is profitable & our leaders prioritise money over everything. If the world was on a Bitcoin Standard then there would be less or no war. All we can do is hope things change because too many people lose their lives in conflict.
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I think it’s unlikely to happen but not impossible. There are ways that the US $ could potentially crash. One key factor is excessive government debt which can erode confidence in the currency. A large trade deficit where the US imports more than it exports can put pressure on the $ value. Economic instability, political uncertainty & global events can also have an impact on the $ stability. Interest rate adjustments or quantitative easing can affect the value of the $. These factors if not effectively managed can contribute to a potential crash in the US $.
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Young people can save money by adopting smart financial habits. They could start by creating a budget & tracking their expenses can help identify areas where spending can be reduced. Prioritising needs over wants & avoiding impulse purchases can contribute to significant savings. Exploring alternative ways to earn extra income like freelancing or part time work can boost savings. They could take advantage of technology such as budgeting apps & cashback programs can help maximise savings. By implementing these strategies young people can navigate the challenges of the cost of living & achieve their savings goals.
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I would advise against paying rent with Bitcoin unless there is something that stipulates you must do it. Anybody who has been in Bitcoin long enough knows that over time it appreciates in value so paying rent with your precious Bitcoin isn’t a great idea. I am not here to criticise anybody else’s decisions but I would advise against it.
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People are always hostile towards new technology & new innovation. It has been this way since time began. All the way back to the first cars, the telephone, television, the internet. People in power especially are always reluctant to be early adopters. They wait until something is somewhat proven before they give it their backing. Blackrock being pro Bitcoin is huge & we will see adoption accelerate now. Exciting years ahead for those of us who were brave to be pioneers.
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I hope so but I don’t think so, not imminently any way. We all know Gary Gensler is power hungry & he is already on record as saying that Bitcoin is a commodity & most all other cryptocurrencies are securities. I don’t know if an Ethereum Spot ETF will be approved further down the line, I’ve spoken about it before, I just do not think the SEC will allow it yet. It took 10 years to get Bitcoin Spot ETFs so I would not expect Ethereum ones would be so easy, so soon.
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The chances of discovering a memecoin early enough so that investing in it can change your life is low, really low. Normally you only become aware of a successful one when it has pumped so hard that it is trending on social media or talked about in crypto circles. By that time most of the parabolic price action has already happened & you are just potential liquidity for the developers & backers to dump on. You would have to be extremely lucky to find a memecoin that does really well & invest before it explodes upwards, giving you enough time to sell & get rich.
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Hopefully the war will end soon but I think the person who needs convincing on that is Putin. Zelensky would agree to end the war today but Putin might need more convincing. Too much damage has been caused & too many people have been injured & killed. I hope for peace ASAP.
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I think PlanB was a great follow for a long time but be was convinced & dead set on over $100,000 in the last bull market. He has made loads of excuses why his model(s) is still valid but I don’t think he is a credible source to reliably follow for the upcoming bull market. I mean his S2F chart is absolutely broken, we have been under his base case for ages.
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I don’t know much about Sui & Optimism but Arbitrum is a solid project. It has the potential to do at least a 10 x in the upcoming bull market. Proceed with caution & do your own research but in my opinion, Arbitrum has a lot of room for upwards price discovery.
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Now is a good time to buy most cryptocurrencies. Traditionally we are still in what some may say is an accumulation zone. The price of most solid coins should rise dramatically in the next year & a half. There’s no guarantee that history will repeat but if it is to be similar then now is definitely a good time to buy & hold with the view to taking some profits in 2025.
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Now that the SEC finally approved Spot Bitcoin ETFs, the narrative will change. Older people on average have a lot more money than younger people. Blackrock, Fidelity & others will be shilling Bitcoin hard to these investors, we will probably find that over the coming years, older people have exposure to Bitcoin in their investment portfolios due to Spot ETF products.
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Men are better than women with money on average. Most men don’t spend excessively on non-essential items. Lots of women spend on excessive clothes, shows, make up. Obviously there are exceptions to the rule but it does seem that men are more responsible where spending & money management is concerned.
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It’s always a good idea to do as much research as possible before deciding if you should invest in a token or coin. Unfortunately sometimes, all the research in the world can’t stop you from being rugged. Obviously it’s good practise to only invest what you would he comfortable losing, if the worst happens & a project fails. Never keep all your eggs in one basket. Diversify, spread your risk amongst various coins.
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