Media coverage whether documented or YouTube video is no guarantee that it will be success for the project. We are on forum where projects throw money to write the reviews and make videos and still do not turn out to be perfect projects. What matters is who written the project stuff or who made the video. The influencing power is obviously comes from the valid accounts only and there is easy way to make such publication by paying the influencer.
I think to find the hidden gems one needs to understand the project concept completely. When I say completely it means, you should understand all the pros and cons involved in the project, whether it is practically useful, whether its gonna have real world applications or at least sensible roadmap which is achievable.
That also has many risks as they are smart to deceive us with high end looking concepts, documentation etc. So invest wisely, hidden gems could get heed forever along with your money.
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Binance now requires mandatory KYC, while KuCoin doesn't; with a maximum withdrawal of 1 BTC per day(if I remember correctly). If you're fine with submitting personal identification documents, then Binance should be a better choice.
Thought many of them dont like KYC, I think its best to stay closer to the companies who are legally making things way better. I mean the money flows with proper channels and government can track it all too. The banks wont judge you over your CIBIL scores if you pay the taxes for those assets too. Its completely fine to do the KYC on reputed exchangers like binance. In addition to this you get added security of your funds and accounts. You can always file a suit if something goes wrong from the Binance side and get higher chances of recovering your funds from court. Well this can not be done in case of companies who do not have legal channels set up. Its like more or less so so documentation with just user ID and password. Of course everybody has their own way of looking at this. But I would choose Binance over KuCoin.
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Idk, this looks like mis matched example of inflation or may be it does not connect the dots properly. The share chart which you have shown here is incremental over the year period which indicates the performance value of the 500 companies included in it. It's not inflation. The company share value will rise all the time if they are having good performance. If the value is rising then it means their products and services are being liked by everybody and they are using it for their good terms. Moreover as they keep growing they are actually hiring more an d more employees to lower the burden of company work force.
I see it completely different way. Its more or less companies growth. Inflation would make the companies dead, bankrupt, resignations of employees and what not. If their products get costlier then they should see lesser users of the same who would go and search alternatives. That way company share should ideally go down and not up.
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Why even evade the taxes on bitcoin? We live in a century where we are free to do anything under human rights. You can live the way you want with only leaving behind the illegal stuff.
At least we are in the kingly rule where we have to pay taxes above our income or above our property evaluations. Plus you are free to regain the taxes at your retirement through pension schemes offered by government.
So why even bother paying taxes on the bitcoin income? If you are in bitcoin then most of them are here to earn profits, make some handsome money and live a dreamy life. It is not a tool to evade the taxes! Its a way to transact with unlimited amount of money, more or less in real time. If you are buying or selling then you should not be worried if it is legal. Just pay the nominal taxes and be happy.
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The question is why we need more than one option if HODL is already proven method of investing money into bitcoin. We all know that Bitcoin is crazy volatile and it can not be effectively staked, or you need excellent trading strategies with great deal of luck to trade it and earn bigger profits. I see hodl as win-win situation for everybody because as you go on hodling you are primarily decreasing the circulating supply thus creating demand surge in the market. This is one of the great way to increase the value of something. In this case we know that bitcoin is being hodl by the miners, investors, cold storage methods and big institutional investors. These literally form a basis for the bitcoin's up surge due to high demand. As we will go on mining the bitcoin it's gonna be lesser and lesser in the future (less circulating + higher hodling ratio). This will defintely impact on the pricing and it will keep raising which has been proven since 2010. So choose wisely.
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It amuses me how perfectly developed country like U.S. can get into trap like this? I mean developing countries are way better than U.S. in managing their economy and reduce the inflation at faster rates. For example, many asian countries are on the list who has so much population, so much infra to develop and survive on both farmers and huge IT and pharma sectors. They have giant infra to develop for their country, they have huge problems being democratic countries, no presidential rule, yet contributing to biggest economic bulge to the globe. I am pretty sure U.S. is like a country who overspends the budgets all the time on unnecessary stuff. They have so much industrialisation and perfect taxation system then also they run out of the funds. It's way funny to think. I am not sure if this is true but I have read somewhere that they overspend the money military and keep doing so in trillions of dollars. Is it really necessary to do so?
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Well first of all you can reduce the image size to optimum range by putting [image height=400] code before your image URL. This will help to see the whole thing in one go and would look nice too.
Answering to your question as everyone stated its very hardship to pull out this job you will almost most of the time end up with the projects which are scam. Crypto is all about deep research these days and more or less your luck to enter into perfect project. It's better to see the project go live on an exchanger and which has good volume of trade. If you get tangled into low price pre-ICO schemes then definitely its huge risk. Obviously this risk can give you pretty decent amount of money as you are buying at special prices, but its not a guarantee. With that said, its better reach out projects which are already in the market, having good social presence, good support center. That gives you better probability of hitting profitable portfolio. You may need to wait for the returns but surely you will minimize the risk almost next to zero.
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Quite big read, oh yeah he is gonna need bigger than that if he wanna really trade in the crypto space. The fact that this market is far more complex to control as compared to share market will make him read and understand more than just few pages. He will definitely need more practical experiences too so that he can understand where they are failing and where they need to improvise. As crypto trader it’s very hard to rely on the fundamentals or TA too because it’s way volatile and can fluctuate crazy enough to confuse someone. This market surely out rules every aspects that different analysis can apply to the traditional one. It’s better to start fresh, dive in and get the experience by loosing something to earn better profits. At the end they are hugest. 😄
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Skill, yeah it is something you must learn if you don’t have one and if you have one then you must learn to implement. Well, I have learnt something from wolf of Wall Street movie, the simple formula when a guy sells his pen with supply and demand formula. The most realistic form of skill with thousands of ways to do but you must know how to use it! Just having a skill does nothing good for you. You should be able to either create a demand or simply limit the supply of you are billionaire like Elon. Well in most of the cases we are demand guys.
This might seem way off the chart but this market runs on it since many years. It’s better to acquire the skill set as we are not born with set of them.
I have used very strategic way of working in the crypto space. You wait for the right opportunity and also have close look on the market to enter at right time and exit at the perfect time. If you know this then that’s the smartest trade you can have.
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Despite the fact that bitcoin is decentralised and uncontrolled asset, it is staying very strong. Just imagine one thing here, though there is no minimum share which is locked up forever then also bitcoin is growing in its value all the time. I mean as an example for any company there is at least 51% share holding by the directors or founders which create permanent resistance to share price. However this is not the case with bitcoin. There is no such fixed share, it can be diluted to the last bit also and become zero! But this never happened due to its firm and positive impact on the investors. So we do have economic model which is sustaining with crazy value.
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Is it fine to only have that much because that's all I can afford.
Definitely you are more richer in crypto space as compared to those who does not even hold fraction of bitcoin or those who does not even know what bitcoin is. So it’s not about the amount you have, it’s all about you have started with something. Possession of bitcoin is amazing thing, if you can afford only this much then no issues you can always grow them by means of sell high buy low formula if you wanna risk trading. I am getting few bits now and then through different works, however I only keep few hundred bucks on the wallet in bitcoin form and most of them in USDT.
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Yes that is interesting. Bitcoin have been mentioned thousand times in the TV series, whether it is Netflix or normal TV aired shows I have seen it’s reference all the time and it was becoming very common to see it. So yeah, the mention of crypto as whole is different story. Though it’s a single instance it can be helpful to get attention of those 2 million viewers. Moreover this show will be repeated watched by fans and May be overseas if it is licensed. This will help spread the word quickly. Hope so it benefits the “crypto”.
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I am observing today something similar to what happened in 2020 but at a micro-scale. The announcement of a new COVID variant that may be resistant to current vaccines has sent the Dow and the S&P down the drain, particularly airlines and other travel hospitality linked business. Zoom stocks are up, mining and raw materials down,... It looks like a repetition also in bitcoin price with a plunge that may be ongoing.
For those of you that are newer on hodling, just calm down, this is nothing new, bitcoin will be there tomorrow and, likely, rebounding after the initial collapse caused by the stop-loss orders triggering of the first days.
The last sentence is way important than anything. Bitcoin has shown brittle nature when it comes to the news which are aint good for economy. This direct and indirect relationship of crypto with the real world is something that is steering the whole investor base. I think there is nothing wrong in that one, we are peeps, we have invested heavily into crypto, we all are here to book the profits and make the lives easier for us and families. So yeah why not, the reaction will be there only the thing is we should not move an inch while setting up our goals and reaching to that level. Hodling is by default gonna hamper at mass level due to the fear of loosing money. These are hard times, everyone needs money so they will cash out. Those who will stay stubborn on not selling will surely get rewards when prices rebound.
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This news is a bit old.. That tweet was like 2 weeks ago or something. Anyways the token dipped a little after the tweet but quickly recovered and continued to reach its high before falling. I don't think that news was all that important, though. Elon said in the same tweet he holds just three cryptos: BTC, ETH and DOGE. It's not like DOGE skyrocketed back up to $0.74 when he tweeted that. Elon's influence in crypto isn't as big as it once was.. At least, that's my opinion.
Exactly man, Elon was really great few months back in crypto market now peeps don’t believe him due to his phenotype act which took away the spark from his tweet as well as from his followers too. If he would have made the manipulation slowly then who knows we still would have been following his tweets and making the portfolio changes accordingly. Believe me whether it’s Shiba, ETH or DOGE anything could have been manipulated by his one tweet if he was ever in the league. 💯 Today, it won’t matter if owns Shiba or not because no one really understand him anymore. As personality and billionaire I’m his big fan. What he is doing for the humanities leap is astounding but the crypto side is somewhat different.
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Ok I get it now. I think what they mean is, there are various platforms which are basically real world share market based broker who are now offering the trading options for crypto currencies as well. I think this has caused them to link bitcoin as one of the prime asset which is being traded in similar fashion to traditional commodities thus making it as part of regulated CBDC asset too. If not then I believe it’s merely a way to showcase that bitcoin is causing lot of problems in financial circle and they don’t want it to be part of the same.
Well I would say it is what it is.
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There other option too, like offering your own NFT to others. Since this field is going boom in this time period you stand a good chance if you just come up with “what peeps loving these days”. What could be best than offering your arts, stuff or may be something that you can create physically or virtually. Either way just create something, look for the best platform to offer your NFT and world is already awaiting at the door to see some million dollar arts.
However, this option is only valid if you are skilled enough in the field of arts or imagination I would say.
But with more challenges comes huge rewards. Get the money either in Fiat or simply get paid in bitcoin.
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Wel the patterns are not that easy to understand on the bitcoin world. Yup TA and fundamentally it can be studied but with moderate success as compared to the traditional share market because things are settled here. In crypto world the market is free, it runs 24*7, every minute and accessible globally. So you can understand from that how it keeps getting the multiverse transactions to fuel up its up and down movement.
I think it’s best to study few of the repeating patterns of bitcoin from historical data. For example it definitely drops in value nearby the year end and then goes up by December. In the first quarter it may give you an heart attack by dropping to as low as its 30-40% ATH value.
Moreover, by the time it’s halving cycles comes ahead, it will go crazy in value. So these sorts of thing you should consider then you can understand it a bit!
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Oh man this is simply put forth as astounding way to boost youth awareness regarding the bitcoin and more or less crypto space itself. It’s worth noting that they are too young and it’s good because this is the age when they grasp most of the things deep rooted in the brains. This also makes them think with different angles and theories as they grow bigger. This is definitely life changing for those kids who are holding and gaining the knowledge from that book.
The basics is where everything starts really. Many of them surely will become next satoshi might reinvent the blockchain in whole new ways and might make it brighter for the globe. I’m just simply liking this idea a lot.
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Those sites aren’t alive. However I love the idea of supporting farming sectors through crypto currencies. Well they can not do much but find the farmers for their needs. I am not sure how the farming works in overseas but in India, farmers are very poor and needy when it comes to fulfil the demands of farming. Only few % of farmers are rich here and can tackle the climate change and poor harvest.
Rest of the farmers are so nervous about the farming and their Harvest every year just because Mother Earth is not doing well!
So, the solution is to modernise the whole farming thing. Give them the tools to overcome the natural climate change. There is indoor farming or hydroponic methods which can be used to get good harvests.
The problem? It needs huge investment. I think crypto could be solution to find such farmers. May be we can invest in different project get the money or resources needed by farmers.
What do you guys think?
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Oh my God, isn’t that is horrifying thing? I mean handing over whole airport to another country is like creating safe landing zone for their military troops, armies getting over in and out easily from this black hole!
How come no one is seeing it as something suspicious as this? Considering china is the one who introduced pandemic, it’s military forces are highly active on Indo China border, various naval activities and now this the Uganda incidence.
Man this looks like biggest plot of century to invade in other countries.
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