Muslim Traders — Protect Your Akhirah Before You Chase Profits 🚨 Before you open that 100x leveraged position, pause and read this. 👇
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❌ Why Most Scholars Say Futures Trading Is HARAM:
1️⃣ Gharar (Uncertainty) – Trading what you don’t actually own? That introduces ambiguity, which Islam prohibits. 🎲
2️⃣ Riba (Interest) – Margin trading often involves hidden or explicit interest charges. Riba is strictly forbidden. 💸
3️⃣ Maisir (Gambling) – Pure speculation on price swings without real backing = gambling. 🎰
4️⃣ Deferred Delivery – Futures contracts delay actual exchange, violating the Islamic rule of immediate settlement.
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✅ When Could Futures Be Considered HALAL?
Only under very strict conditions:
🔸 The asset is real, tangible, and halal 🔸 No leverage, no interest, and full transparency 🔸 You have actual ownership of the asset or contract 🔸 Purpose is risk management (hedging), not speculation
👉 This resembles a Salam Contract, not a typical speculative future.
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📚 Scholarly Views:
AAOIFI (Islamic Finance Standards): ❌ Haram
Deobandi Ulama: ❌ Haram
Some Contemporary Scholars: ✅ Permissible only under strict Shariah-compliant #HODLTradingStrategy #MuskAmericaParty #HODLTradingStrategy #DayTradingStrategy #Write2Earn
nfts felt stupid to me from day one. anything that is created digitally cannot be rare item of any sort
Gamefi Gems
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Bearish
Someone purchased this #NFT for $550,000 3 years ago.
Today, it’s worth about $321😰🥵.
🧠 What Happened to This Bored Ape NFT?
🧩 What is it? • This image is from the Bored Ape Yacht Club (BAYC), launched by Yuga Labs in April 2021. • It’s a collection of 10,000 unique Apes, each algorithmically generated. • BAYC became a status symbol in the NFT space, owned by celebrities like Eminem, Snoop Dogg, and others.
📈 From $550,000 to $321 – What Caused the Fall?
1. Market Hype & FOMO (2021–2022) • In 2021, NFTs were new and hyped, fueled by: • Crypto bull market. • Celebrity endorsements. • Cultural status (profile pictures on Twitter). • Exclusive perks like private parties, merch, or metaverse land.
2. The Crash • Crypto Winter (2022–2023): Bitcoin dropped from ~$69,000 to ~$15,000. • NFT volume dried up by over 90%. • BAYC floor price fell from over 100 ETH (~$400,000+) to < 1 ETH today.
3. Utility Fatigue • BAYC promised exclusive benefits, but many saw them as limited or not lasting. • The “club” wasn’t enough to hold real financial value.
4. Oversaturation • Thousands of copycat projects diluted NFT uniqueness. • The novelty wore off—people realized “JPEGs” without clear utility weren’t worth six figures.
5. Speculation and Exit Liquidity • Many early buyers were flippers, not believers. • Once hype cooled, new buyers disappeared, and prices crashed.
📉 From Digital Gold to Digital Ghosts
Year Event Value Estimate 2021 Purchased at peak ~$550,000 2022–2023 Bear market crash begins <$100,000 2024 NFT market almost silent <$5,000 2025 Current floor value ~$321
⚠️ Lessons Learned • NFTs ≠ guaranteed investment — hype dies, tech evolves. • Rarity and art alone don’t guarantee value without lasting community, utility, or demand. • Many NFTs followed the Hyperwave pattern: hype, mania, crash, and long-term stagnation.
Understanding Bitcoin Dominance and Its Impact on Altcoins
Bitcoin dominance refers to Bitcoin's market capitalization as a percentage of the entire cryptocurrency market. It serves as a key indicator of market sentiment and trends. When Bitcoin dominance rises, it typically signals a shift in investor focus towards Bitcoin, often leading to reduced liquidity and declining prices in altcoins. This scenario often occurs during market downturns or when Bitcoin is experiencing significant price rallies.
Conversely, when Bitcoin dominance decreases, it suggests growing interest in altcoins, often referred to as an "altcoin season." During these periods, altcoins tend to outperform Bitcoin as investors diversify their portfolios into emerging projects. Understanding BTC dominance helps traders navigate market cycles effectively.
The Impact of Non-Farm Payroll (NFP) Data on Cryptocurrency Markets
The Non-Farm Payroll (NFP) report, a critical economic indicator released monthly in the U.S., measures job creation across industries excluding farming. While primarily influencing traditional markets like forex and stocks, its ripple effects extend to cryptocurrencies. Positive NFP data often strengthens the U.S. dollar, prompting a bearish sentiment in risk assets, including Bitcoin and altcoins. Conversely, weak NFP results may weaken the dollar, sparking bullish momentum in the crypto space as investors seek alternative stores of value. For crypto traders, NFP reports present both risks and opportunities, underscoring the importance of monitoring macroeconomic trends alongside blockchain developments.
As we approach the next crypto bull run, Layer 2 solutions are becoming the backbone of scalability and efficiency for blockchain networks. These tokens are poised to shine in 2025:
1️⃣ $MATIC (Polygon): The leading Layer 2 solution with unmatched scalability, massive partnerships, and a thriving ecosystem.
2️⃣ $ARB (Arbitrum): Focused on fast and cost-effective Ethereum scaling, it's a favorite among DeFi and gaming projects.
3️⃣ $OP (Optimism): Known for its user-friendly developer experience and strong Ethereum alignment, Optimism is gaining traction.
4️⃣ $IMX (Immutable X): A powerhouse for NFT scaling and gaming, Immutable X is redefining digital ownership.