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BTC vs Fiat: The Battle of Digital vs Traditional Currency
Bitcoin (BTC): Decentralization: Not controlled by central banks or governments. Financial freedom! Supply Limitation: Only 21 million BTC will ever exist, countering inflation. Transparency: Transactions are recorded on the blockchain, safe and open. Volatility: Prices fluctuate, potential for large profits, but also high risks. Adoption: Increasingly accepted as a payment method, but not fully mainstream yet. Fiat (Traditional Money): Stability: Relatively stable value, suitable for daily transactions.Government Control: Issued and regulated by central banks, vulnerable to monetary policy.
When someone admires the enormous profits and wealth of others, you must remain focused on your own goals. Do not let yourself be swayed by them because if you follow without knowing all the risks, you will lose EVERYTHING YOU HAVE COLLECTED SO FAR.
Remember, friend, there is no easy and quick wealth; it all requires a process. If someone achieves it quickly, it might be a stroke of luck or they have a wealthy family.
If you have a monthly income of less than 5 million, don't expect to get rich instantly! It can backfire and deplete all your savings.
Remember, never be tempted by people who are already wealthy and flaunt their riches while sharing the results of their trading activities; if you follow them, you could end up losing everything if you don't understand the risks.
If you really don't understand candlestick charts or anything like that, it's better to use long-term investments! It's better than continuously engaging in short-term trading.
Always use your common sense; you want to have savings for your old age, not to chase temporary profits, which can lead to difficulties in your later years.
A group of young people is engrossed in discussing crypto. Their table is full of coffee cups and laptops displaying Bitcoin (BTC) price charts. One of them, Dika, suddenly exclaims enthusiastically, “I'm telling you, BTC can actually be hacked! The system is just code, and code must have vulnerabilities!” His friends, Rina and Bima, immediately look at him with raised eyebrows. Rina, known as a blockchain technology enthusiast, replies, “Dika, are you serious? Bitcoin runs on a decentralized blockchain. To hack BTC, you have to compromise the majority of nodes in the network—that's nearly impossible with current computing power.”
I will perform Dollar Cost Averaging (DCA) or scheduled purchases, this automatic purchase will be carried out for the next 2 years or more.
I realize that I cannot do short-term trading, perhaps this is the method I can use whether the prices are high or low. I may update the results every 3 weeks or once a month. #DYOR
THIS IS NOT AN INVITATION TO BUY OR INVEST, DO YOUR OWN RESEARCH.
Top assets by market capitalization 📊 Gold leads at $22.339T, followed by Apple ($3T) and Microsoft ($2.726T). Bitcoin ranks 5th with $1.862T and is up 6.12% in 1 day! 🚀
When someone posts about crypto and says crypto is a scam or something like that (btc, eth, bnb, etc.) out of the context of rug pull coins. They say that because they experienced losses, and when we provide the right explanation, their minds refuse to understand. Let's give an example 1: There is someone who is new to crypto and buys 1 BTC on January 20, 2025. And when he keeps it until March 10, 2025, he sees a decline and sells all his BTC.
Example 2: There is someone who bought 1 BTC in January 2015 and has kept it until now.
So what is the problem? In example 1, that person makes a post about BTC saying that it is a scam and so on, without a clear understanding.
In example 2, the person who bought in 2015 tries to tell the person in example 1 that he bought from 2015 and kept it until 2025. Why don't you try to keep it for 10 more years like I did? I also do not guarantee that BTC will always rise every year.
So the conclusion we can see is that people can easily conclude something just by looking without seeking to know its history or studying it. There is a possibility that the current generation just wants to have a lot of money quickly and easily without struggle. Because they have been poisoned by rich people flaunting their wealth and showcasing very easy and seemingly instant jobs.
REMEMBER FRIEND, THERE IS NO INSTANT WEALTH EXCEPT BY LUCK / INHERITANCE. *The story above has no relation to any individual. It's just a fictional story.
"The decline of the crypto market today (March 4, 2025) is suspected to be due to large leverage liquidations (>1M USD), panic sell sentiment, and macroeconomic pressures. Corrections after euphoria and regulatory uncertainty are also factors. Stay updated with the latest news!"
Trump's announcement about the strategic crypto reserve certainly stirred the market, but this tweet from Peter Schiff raises a big question: is there manipulation behind the price surge of BTC, ETH, XRP, etc.?
What do you think, is this normal, or does it really need an investigation as Schiff requested? Share your insights here!