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CryptoLoverArtist
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Bought a new series 5 BMW with my crypto
It's sooo fast!!
Check my timings on
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๐ซ *#SpotVSFuturesStrategy โ Why Futures May Not Be the Right Choice* ๐ In crypto trading, many are tempted by *futures* for quick gains. But here's why *spot trading* is the more ethical, safer path โ especially for those mindful of *Shariah principles*. โ๏ธ Futures Trading: Risky & Often *Haram* - โ *Leverage = Riba*: Most futures contracts involve borrowing or margin, which includes *interest (riba)* โ clearly prohibited in Islam. - โ *Speculation (Gharar)*: Futures are highly speculative, often resembling gambling (maysir), which is also *haram*. - โ *No Real Ownership*: You're not buying actual crypto โ you're betting on price movements. โ Spot Trading: Ethical & Tangible - โ๏ธ *Real Asset Ownership*: You buy and hold actual Bitcoin or crypto โ a clear, Shariah-compliant transaction. - โ๏ธ *No Borrowing or Interest*: No leverage means no riba or hidden obligations. - โ๏ธ *Lower Risk*: Ideal for long-term holders who believe in the technology and want halal gains. ๐ Strategy Tip: - Use *Spot* to build wealth ethically and steadily. - Avoid the emotional and financial rollercoaster of futures. ๐ *Your risk management begins with your values.* #HalalCrypto
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๐จ #BTCWhaleMovement Alert ๐จ In a significant development, two dormant Bitcoin wallets, inactive since 2011, have been reactivated, moving a combined total of 20,000 BTCโvalued at over 2 billion. This movement has raised concerns about potential market impacts if these holdings are sold. Simultaneously, institutional interest in Bitcoin remains strong. Strategy, formerly known as MicroStrategy, has acquired an additional 4,980 BTC for approximately531.9 million, bringing its total holdings to 597,325 BTC. This move underscores the company's bullish stance on Bitcoin's long-term value. Despite these significant whale activities, Bitcoin's price has shown resilience, currently trading around $108,132. Analysts suggest that such large-scale movements, while potentially causing short-term volatility, may not necessarily lead to immediate sell-offs, especially if the assets are managed through over-the-counter transactions to minimize market disruption. The reactivation of long-dormant wallets and continued institutional accumulation highlight the dynamic nature of Bitcoin's market and the importance of monitoring whale movements for potential price implications. Stay informed and vigilant as the market responds to these developments.
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US President Trump has signed the โOne Big Beautiful Billโ into law. While the bill doesnโt directly mention cryptocurrency, it raises the U.S. debt ceiling by a historic $5 trillion, sparking renewed concerns over inflation, dollar strength, and fiscal sustainability. Some market watchers see this as bullish for Bitcoin and stablecoins, viewing crypto as a hedge against rising debt and fiat debasement. ๐ฌ Whatโs your take? Does this strengthen the case for crypto adoption โ or add to broader market uncertainty? How are you positioning your portfolio? ย #OneBigBeautifulBill
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The Elliot Wave counts still look good for further upside, especially the Daily time frame which has now flipped to bullish again. The targets are all matching in terms of EW time frames, and all roads point to 113,000 in the short-term. And finally, a cautionary note. If Bitcoin can't muster the strength to get back above 108,600 then we could see a final death spiral in alts. The charts show SOL could tag close to 130 and ETH 2150. This could be a final buying opportunity. But once again, things could get nasty if BTC sinks back to 105,000 or 104,000 again. โ#BTC #SOL
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I used to have a 9 to 5 job Now I'm on #Binance 24/7 lol
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