#TradingStrategyMistakes

Fifteen years ago, 1 Bitcoin would not buy you 1 piece of bread in Libya.

And now, 1 million dinars will not buy you 2 Bitcoins.

Bitcoin records a new all-time high price at 19:00 Libyan time.

112.680 thousand dollars

Simply put, it equals the revenue of now

1,637 barrels of oil.

Its price is more than the revenues of small oil fields in Libya.

Its price equals the revenue of the Rashad field

by at least 3 times 503 barrels.

And more than the revenue of the Khair field

by 1.4 times, producing 1,182 barrels.

And more than the revenue of the Muharika field

by 11 times, producing 145 barrels.

The price of a barrel of oil is "68.83 dollars at 19:00."

The price of Bitcoin is "19:00" July 10, 2025.

And it equals

and the price of 1 Bitcoin

= 34 ounces of gold

3,314 dollars per ounce.

And 1 million dinars

will not buy you 2 Bitcoins.

And the price of 2 Bitcoins in Libyan

= 1.442 million dinars at the official price.

And the price of 1 Bitcoin

has the ability to buy 6 Hyundai Creta.

At least.

All of this was the price of 1 Bitcoin in 2010

= 0.01 dollars.

At that time, it would not buy you 1 piece of bread.

I understand those who say oil was sold and dollars were obtained.

I replaced the figures for the sake of explanation.

And the discussion is about investment and its forms and diversity, whether individuals or institutions,

even if they are among high-risk investments.

The Central Bank has prohibited them in Libya since May 2018.