Economists are always going to advise against Bitcoin investment because they didn’t get taught about it at school. Most of them are still stuck in the 80’s thinking Wall St is the only way to go. Just look at the facts, since 2009 when the first block was mined, there has been no better investment than Bitcoin & I expect that to continue for decades. Bitcoin is a must have for any investor.
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Not sure if you are trolling, Bitcoin SV is pushed by serial scammers Craig Wright & Calvin Ayre. I’m not sure if you’re aware that CW is the guy who fraudulently claims to be Satoshi Nakamoto. BSV is a major shitcoin & I wouldn’t go anywhere near it for a single cent of investment.
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This will be my third bull run so I have some good experience. I sold a significant amount in 2021 but obviously still retained a lot too. I also bought back at a big discount in the bear market. You will experience many dips even during a bull market but stay calm & do what works for you. If you bought before now or even in the next couple of months you will most likely have the opportunity to make big profits over the next 2 years.
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American Football & sports in general can teach you valuable life lessons. They teach teamwork as success often depends on the combined efforts of a team. They teach discipline as athletes must commit to training, practice & adhering to rules. Sports also teach resilience as athletes must overcome setbacks & keep pushing forward. Goal setting too as athletes strive to achieve personal & team objectives. Sport teaches the importance of sportsmanship, fairness & respect.
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There is a strong correlation between academic success & financial success although it is not absolute. Generally higher levels of education tend to lead to better job opportunities & higher earning potential. It’s important to note that other factors such as personal skills, networking & economic conditions can also influence financial success. While academic achievement can provide a solid foundation it is not the sole determinant of financial success. A combination of education, skills & opportunities play a crucial role in achieving financial prosperity.
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This really sucks & there’s nothing anybody can say to make it any better. You really shouldn’t be using that computer for anything other than Bitcoin Core. If you must use the computer for other things then cold storage is much safer with Ledger or Trezor. I hope you can recover from this, sorry it happened to you.
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Interesting indicators in the OP, I wasn’t aware of a lot of them. There are indicators that can help you know if the economy is in bad shape. One key indicator is the GDP (Gross Domestic Product) growth rate. A decline or stagnation in GDP suggests an economic slowdown. Unemployment rates are obviously clear. An increase in joblessness signifies a struggling economy. Stock market performance, consumer spending, inflation rates & business confidence are important indicators to consider. Monitoring these factors will give you a better understanding of the overall health of the economy.
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If you can get in & get out during a big pump then great for you. They have no future though, no real world use case so long term investment probably isn’t a great idea. I don’t recommend allocating too much into meme coins but if you can make good profit then go for it.
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As usual with everything in life the US wants as much control as they can attain. I think as the biggest exchange in the world, Binance was a threat to their entry into Bitcoin so they took down CS & are trying to implement as much control as possible by starting law cases against the other exchanges. This is all before they finally allow Spot ETF’s. We should be careful what we wish for.
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People forget their passwords for lots of reasons. One common one is they have too many passwords to remember especially with the increasing number of online accounts. If a password is not regularly used or is too complex it becomes more difficult to remember. Human memory also naturally fades over time making it challenging to remember specific combinations of characters. Stress, distractions or a lack of concentration can contribute to forgetting passwords.
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Mothers are softer & more caring. Traditionally the Fatter would be out all day at work whilst the Mother would he the one feeding & caring for the child, bringing them up etc. I don’t think there’s any science to it, your Mother has maternal instincts & I guess they are the one you turn to more than your Father.
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It is so important to insure your home, car & valuables to protect yourself financially from unexpected events. Insurance provides coverage against damages, theft, accidents or as OP says natural disasters that can cause significant financial loss. Without insurance it’d be a disaster, you would have to bear the full cost of repairing or replacing your possessions. In case of an accident or injury, insurance also provides liability coverage, safeguarding you from potential lawsuits & legal expenses. By insuring your assets you get peace of mind knowing that you are financially protected & can recover from unforeseen circumstances effectively.
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I suppose the FED pausing raising rates is positive. We will know a lot more about the health of the economy this time next year but at the moment a soft landing does look possible. The next 12 months are so vital though, if the FED begins to cut rates by mid 2024 then things will look good. Overall it’s been a tough few years though & it might be another couple of years before everything is under control again.
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It’s most likely to avoid paying taxes, to protect their children from obscene inheritance taxes. Nobody gives away money of that multitude without an agenda. Look at Bill Gates, he’s one of the least trustworthy people around.
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People on monthly salaries often spend a lot when they first get paid due to a phenomenon known as "income effect." When people receive their paychecks they experience an increase in available funds which can lead to a temporary feeling of financial abundance. This may trigger a desire to reward themselves or indulge in immediate gratification by splurging on purchases they have been delaying. There might be pressing financial obligations or bills that need to be addressed resulting in a significant portion of the paycheck being allocated towards necessary expenses. The combination of these factors can contribute to a higher level of spending during the initial period after receiving a monthly salary.
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If there were no other cryptocurrencies apart from bitcoin, it is likely the price would be a lot higher. With no alternative cryptocurrencies to divert investor attention or capital demand for bitcoin could potentially increase, leading to a rise in the price.
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It’s really difficult to say & almost impossible to confidently answer. Stagflation is a rare and undesirable situation where an economy experiences slow growth, high unemployment & high inflation. Some economists have warned that stagflation might happen soon in some countries due to the impact of the COVID-19 pandemic, supply chain disruptions & rising energy prices plus the two wars we have going on. Others say that stagflation is unlikely because inflation is expected to be transitory & growth will rebound.
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Do you ever feel like that being after saving or investing for future you forget to live in the present? You don't buy the things you want to or don't go after experiences you want because you'd rather save/invest for future instead.
All of the time to be honest. I’ve been denying myself some luxuries & enjoyable things to buy Bitcoin for so long. I think sometimes life is too short & I should just live for the here & now but it’s tough you know. I try to make a better future for myself by investing & being frugal but it’s no fun. It worked out good for me so far but possibly I should learn to let go a little perhaps.
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Bitcoin is King & most of the altcoins are absolute crap. Most altcoins have no utility, no future & no real world use case. Bitcoin is the only one that will last for the long term, Ethereum is potentially an OK buy but the rest of them are a total lottery. Why put your wealth in a centralised coin with so many points of failure. Bitcoin is the future of finance, we are going to the moon very soon.
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