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321  Economy / Economics / Re: What will you do if bitcoin crash? on: February 22, 2023, 03:26:50 PM
If bitcoin crash today, what will be your fate? Poor or rich. Most people on the platform have submitted all their life savings to bitcoin investment.

The mainstay of cryptocurrency is Bitcoin.  A lot of people have invested in Bitcoin, including owners of various big organizations and outsiders, including this Bitcoin forum.  If this Bitcoin crashes then the only way for billions of people will be death.  Normally you'd think that the drop in bitcoin price would have led to thousands of people getting in the way and portfolios getting lighter.  If the Bitcoin market crashes, billions of people will commit suicide.  People invest 50 to 60 percent of their income in Bitcoin.

If this bitcoin crashes when I say my own, I will surely die.  I can never bear to lose my wealth.

Bitcoin is just money, it's not everything, without it we will have another way to make money, there are many ways to make money, not only bitcoin. It is foolish to put all your trust or bet your fate on something, even if it is not bitcoin. I also invest a lot in bitcoin and crypto, but I will still smile if it crashes one day. I am not stupid enough to place my life and that of my family in a volatile asset and uncertain future.
I agree.  I think we all love and respect bitcoin, its freedom and dynamics, its positivity and what is most familiar when it comes to using, learning about, investing in bitcoin.  But at least we should not consider bitcoin a gamble, not a financial gamble to play a gamble with the desire to get rich quick.  Some people are abusing bitcoin as a game, it gives the wrong meaning to bitcoin.  Anyway, it's just a hypothesis with an "if" and excessive rhetorical deductions are completely meaningless.
322  Economy / Economics / Re: To cut financial ties with original family benefits you in the long run on: February 20, 2023, 11:06:23 PM
I think this is almost a self-realization.  Obviously as you get older - Parents get older.  I see some friends who have formed the habit of relying on their Parents whenever financial difficulties even though it is a small amount.  At the very least, each person has to find the positive, motivate themselves to change their dependence on their own conditions.  When you have a family, that angle is even bigger.  Being independent is a good way to get motivated, hard work.  change yourself every day.  After all, I think when I separate myself from my parents' financial dependence/dependence, that's a good thing, I'm not sure in all other people's circumstances, but for me, I figured  early independence.
323  Bitcoin / Bitcoin Discussion / Re: Approximately 384 Days until the next Bitcoin halving on: February 19, 2023, 11:57:26 PM
I think bitcoin's short-term structure has now broken down and it has, in a certain way, moved into at least the medium to long term.  Confidence and bitcoin's halving in 2024 are driving that.  the market has almost tested the $21k support and ascending is confirmation.  I look forward to buying and accumulating bitcoin well this year. I am ready for that.
324  Bitcoin / Bitcoin Discussion / Re: What's your reasons for holding bitcoins? on: February 19, 2023, 11:43:44 PM
I guess it should come as no surprise here that we buy and hold bitcoin with the primary motive of being speculative for profit.  Bitcoin is a deflationary mechanism and the longer it holds - the greater the value. the more it goes against fiat.  It's good to have bitcoin to have more holding options against inflation in times of severe crisis like today.
325  Economy / Economics / Re: does bitcoin help in your economy? on: February 19, 2023, 11:27:30 PM
The question is whether when you benefit from bitcoin, you can help your economy and your family?
In bitcoin I've been getting some profits that have been accumulated for 3 years now.  But for altcoins, most of my losses are huge.  Only when selling bitcoin will it calculate its benefit to your economy, I do not sell at all.  Bitcoin also motivates me to be more positive, more optimistic, better thinking, better financial management…
326  Economy / Economics / Re: BTC Silver and Gold on: February 19, 2023, 11:16:10 PM
I like gold, silver and more like bitcoin but right now my conditions only allow to diversify all of them.  I just spend my savings every month to buy bitcoins.  Gold and silver are two stores of value, a popular medium of exchange for more than 1000 years in all parts of the world and in all civilizations.  volatility of gold is 1/5th that of bitcoin.  Gold and silver are also listed as inflation-resistant haven assets like bitcoin.  My expectation is that there will be a larger reserve fund to diversify gold, silver and bitcoin.
327  Alternate cryptocurrencies / Altcoin Discussion / Re: Do You trust Tether (USDT) Stablecoin? on: February 17, 2023, 11:12:55 PM
With the stablecoin status changing after the BUSD crash, even though I would trust usdt in most of my transactions, that doesn't mean trust in it is permanent.  User structure will change for the upcoming stablecoin, USDT is also highly questionable with no formal audit and 850 million in tunneling with bitfinex in the past.  It seems I once again acknowledge and firmly believe that decentralized stablecoins are the future of stablecoins.
328  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Who makes such predictions? on: February 17, 2023, 10:53:13 PM
Prediction is an integral part of the market. Anyone can make a prediction and most of the free market will decide.  Is there any basis??? 30$ at 2050?  which is always a common situation in the altcoin market these days Smiley.  Although, BTTC has a single integrated platform for decentralized data sharing and was recently acquired by Tron.  The development of cryptocurrency is highly competitive, relevant, user needs change constantly, with a series of utilities of bttc that will compete with Filecoin, Arweave.  There are also quite a few other new projects with bigger prospects like ETNY.  I think the door has just opened to the space for Web3, where decentralized data is worth expecting a new boom.  But don't exaggerate Imo
329  Economy / Economics / Re: Cheap food: can you beat this price in your country? on: February 17, 2023, 02:41:45 PM
The average meal of the restaurants where I live is about $0.8-1.5 for a full-quality lunch, ensuring the health of all workers, workers, and students.  Most of the dishes will be ordered according to each person's preferences such as braised fish, braised meat, braised eggs, sour soup, grilled pork ribs, fried chicken... Cheaper place is 0.8$ but the food is somewhat not as fresh, yes.  Maybe it's my taste.  We should also learn that the cost of food is cheaper but also food safety and quality safety.  Otherwise, health status will be affected.  After the food increased, there were a lot of people in my place who got food poisoning because of eating in unsanitary restaurants and poor quality food.  Human greed also gets worse in any situation.
330  Economy / Speculation / Re: why Bitcoin Dumping ? on: February 17, 2023, 02:22:24 PM
Now can we expect $17000 Again?
According to me, it will Dump again $17000    am I right?
I still don't understand in what period bitcoin shows this strong recovery, although I am not sure if this optimism is healthy or not?  But you can tell by analysis/market/technical data and news… bitcoin has completely outperformed the recent FUDs, personally I don't think the 17k price is in line with today's reality.  Support is growing and you've seen a 1-week bitcoin sideway to 21k and break 25k back for the first time this year.  This is a signal that I think the structure is building, strengthening in the long term.  at least the expectation in 2024 is much greater.  Anyway, the 17k scenario is still a possibility, and we all have to be ready for anything.
331  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Dogecoin to be used for micropayments on Twitter? on: February 16, 2023, 01:35:06 PM
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But so far, apart from restructuring the platform, censorship... we still don't know when?
That seems more open and seems to be coming.  Elon continues to post pictures of a flamboyant dog in different styles that are very suggestive  Grin, maybe that's why Doge and Shiba reacted to this dynamic so strongly.  We don't seem to know how he's going to do it but things seem to be working out for him.
332  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Bitcoin start rising up what coin is good for investing right now for short term on: February 16, 2023, 01:15:18 PM
so i think this time will be the very best time to decide what altcoins can give us profit in short term investment if you have any suggestions please extend or let me know.
Bitcoin is once again being stimulated to build a long term structure, this continues to represent a high level of support and bitcoin at 24k8 has represented it.  I think the short-term goal is facing many obstacles, most of the altcoins are working hard to develop their products, improve, change their platforms in the long-term, especially when the ecosystem is revolving around solutions new for stablecoins and I think the altcoin trend is gradually improving and more suitable for stablecoins - decentralized.  (Sovryn may have a short-term and long-term stepping stone that looks to be in line with the trend)
333  Economy / Economics / Re: Can one achieve financial independence through crypto currency? on: February 14, 2023, 02:30:15 PM
Given these factors, the dream of financial freedom can come true by using crypto currency?
Yes! In fact, financial freedom / financial independence is the desire of anyone, everyone wants to plan, build, and achieve their own goals to achieve financial freedom as soon as possible.  I also don't want to be dependent on anyone, want to do what I like.  My plan is to do it all, build a suitable, serious and clear investment strategy.  Wide range of investment options including stocks, cryptocurrencies and real estate.  I think it is not necessary to set up a separate type/plan, but to combine them in a reasonable and timely manner.  Bitcoin and cryptocurrencies make my plan much more varied in my quest for and towards financial freedom.  I hope and wish everyone here will achieve financial freedom in bitcoin/crypto
334  Alternate cryptocurrencies / Altcoin Discussion / Re: Thoughts on BUSD and other stables. on: February 14, 2023, 02:06:33 PM
What do you guys think about BUSD? Do you think it's worth using over USDT?
What do you think about stables in general?
Unfortunately, BUSD is statistically behind USDT and USDC.  Considering the statistics of collateral assets of UsDT (December 31, 2022) ~ 67 billion, USDC ~ 44 billion, with BUSD (updated on January 31, 2023) is ~ 16 billion.  It is clear that BUSD is trusted as a 3rd option, and at the same time Paxos-BUSD is entangled in the accusation of "unregistered securities of the SEC, which further makes BUSD's collateral assets lag behind in terms of trust,  prestige they can.  This is made worse by the fact that it seems that Circle itself is stabbing behind Paxos, it can be said that the future of stablecoins is putting a new order and the advantage is in USDT.
335  Economy / Speculation / Re: Can we experience $80k this year? on: February 14, 2023, 05:55:40 AM
I expect a recovery that bitcoin allows us to be sure but that doesn't mean bitcoin will hit $80k this year.  It is too early to change the market structure again, conditions outside the economy will also put additional pressure on bitcoin.  Sure that bitcoin will return to a 1 trillion asset and much greater value, 2025 seems more realistic to hit $80k.  Therefore, I think this is the best time to build a plan to buy and hoard bitcoins.
336  Economy / Economics / Re: Is taking a loan/debt addicted ? on: February 13, 2023, 11:15:23 PM
In other ways, there are these sets of people, they are the very lazy types, they would rather borrow money than work their way out and that's how they move from one lender to another place until when they couldn't borrow more and how to pay back becomes a problem for them which is regarded as an addiction.
I totally agree.  I am also a borrower to buy a house, in fact, I am personally very afraid of debts, if not in a dilemma, I would not borrow.  I see some people, they easily borrow to play cards.  Maybe for them, the conditions and circumstances, means and equipment to repay the debt are very normal.  They don't even hesitate, don't think much, don't feel the debt is a pressure.  and they are willing to continue to borrow when the debt is repaid, they will borrow anyone when needed… ns can also be an addiction
337  Alternate cryptocurrencies / Speculation (Altcoins) / Re: 4 Altcoins to look at in 2023 on: February 13, 2023, 01:55:03 PM
No one will be able to deny the place the “must” coin in the main portfolio is ETH.  I think it would be a big mistake to ignore the influence and dynamics of ETH on the altcoin market. So simply embrace it. I have more than 4 altcoins in my portfolio but priority is ETH, ADA, THETA, POlygon .

In addition, I am quite interested in new but potential and interesting coins such as:
1. Arbitrum - a layer 2 brings an incomplete, pure ecosystem but has many great development opportunities.  Hoping as the information 6/2022 Arbitrum has been selected by the Norwegian government to build a financial product, August 31 Arbitrum successfully deployed the Nitro upgrade - simplifying the communication process between ETH, reducing transaction fees  .  

2. ADA: in addition to expecting Djed, there is also a solution to extend layer 2 - its hydra, in tune with defi that can continue to grow bigger when ADA has reached maturity.  It will be bigger.
338  Economy / Economics / Re: How we survive food shortages on: February 12, 2023, 11:05:42 PM
I think A global food shortage is an unlikely risk.  My country has not yet fallen into a food shortage but is only affected by rising inflation and price fluctuations due to increased fuel and production costs.  Do you think a bag of fertilizer can easily triple during covid19?  Lol, some greedy millet took advantage of the difficult situation to hoard and push up the price and sell them to get rich, supply - demand imbalance as well as import increase - export decrease.  I think each country has to base on the country's situation to make appropriate actions and plans.  For example, a country with advantages in agricultural production and export will continue to develop, build a transportation system that easily transports food goods, connect production and consumption areas, etc.  medium and long-term credit to stimulate investment expansion in agriculture/agriculture….  For countries that do not have an advantage in food production, etc., it is possible to reduce the urbanization rate of the plains
339  Alternate cryptocurrencies / Altcoin Discussion / Re: Is the bear market over? on: February 12, 2023, 04:16:34 PM
I don't think the bear market will end for sure, because some altcoins are still at the bottom,
compared to 2020 all altcoins are really bullish and that's a sign that the bull market has arrived,
I don't know why you are comparing with 2020?  While we have experienced a painful 2022, major correction, prolonged bear market, FuD and FuD caused the negative to push the market into crisis.  The spark is that bitcoin is coming back to continue to represent the market value, something in January gave credence and I think it's time to get out of the bear market and build new confidence.  The recovery needs to take place in stages and bitcoin is doing well for now.
340  Economy / Speculation / Re: BTC bulls back? on: February 12, 2023, 02:28:53 PM
As long as we don't panic in the current situation with a 7% decline because it's not for a real decline, it's better to wait for a positive trend that will definitely happen again.
But I think the halving is getting closer and people have to believe that cycles have always happened in history before.
Bitcoin is representing a sustainable and strong market in the face of negative impacts from FUD - SEc.  bitcoin is still moving sideways within a strong support area and not much volatility.  The data shows that the hash rate of the bitcoin network continues to increase by more than 300 EH/s which means that mining activity is on the rise again, which also demonstrates huge confidence in bitcoin.  The 7% drop leads me to believe that in terms of strategy bitcoin is continuing to perform well after the January rally. I think the possibility of this remains, bitcoin is perfectly fine with a slight uptick and still flat.

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Im not buying this hopium, still too many moonboys on this train to call a proper capitulation, holding cash for better prices.
Yes, that's your good point.  But for me let's say bitcoin goes up and starts to build here along with data showing bitcoin mining difficulty keep increasing to 39.24T.  Totally feel bitcoin is vibrant almost again.
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