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The 50 Largest Economies in the World
The United States is still the economic leader worldwide, with a GDP of $25.3 trillion—making up nearly one quarter of the global economy. China follows close behind at $19.9 trillion. Here’s a look at the top 50 countries in terms of GDP: Source: visual capitalist
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Impact of CPI on BBS token Price📈
Breaking news today is that CPI is 9.1 and this implies high inflation, in order to lower inflation the FED has to try to lower CPI by increasing interest rate so that less money becomes available, Less money means people may required to sell some of their crypto holding including BBS tokens to meet their day to day needs . So we may indeed continue to see BBS token falling together with other major crypto currencies. Should I buy more BBS tokens: It depends on one risk appetite, and the believe in BBS project.The good news is that we probably have less number of sellers as BBS price is now Below ico price.I doubt many investors would want to sell on a loss.
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Is BBS a security ⁉️
Some of the obvious properties of security is: 1.ico 2.hard fork or changing code 3. Management team 4. Pre mined tokens 5. Foundations BBS can definitely is a security because of ico , management team,dao and evolving code or web application. Does it matter that BBS is security: Given that 99% of crypto projects including ethereum would qualify as security it really doesn't matter for BBS and holders.We can just stand under the umbrella of ethereum for example 🙂 Implications of buying BBS tokens: Just like any crypto projects there is a whole lot of uncertainties and risks involved and one should always put in what we can afford to lose.
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Can you relate?
Everytime I finally find courage to buy BTC😅 Image from twitter Bitcoin
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Musk says he's terminating $44 bn Twitter deal
Twitter shares are falling because of Elon musk concern of high number of bots in twitter which led to him terminating offer to buy twitter. Is this an opportunity or a call to re evaluate twitter?
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Satoshi Nakamoto BTC net worth⁉️💸💲
Satoshi owns between 750,000 and 1,100,000 bitcoin. In today price of around 20k per BTC Satoshi is worth roughly 22 billions dollors$, and also owns 5 % of Total BTC supply.
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30K BTC or 10K BTC, what do you say?
BTC is more likely to tumble to $10,000, cutting its value roughly in half, than it is to rally back to $30,000, according to 60% of the 950 investors who responded to the latest MLIV Pulse survey. Forty percent saw it going the other way. Bitcoin fell 2.4% to $20,474 on Monday morning in New York. source: yahoo finance where do you stand in this survey? please comment - 10K BTC - 30K BTC
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Who is fooling who?
Bill Gates said he thinks cryptocurrencies and NFTs are “100%” based on the greater fool theory
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We should listen to BTC critics
It is important to pay attention to BTC critics like Peter Schiff, in all his hate for Crypto,he got some great points that we all should find answers to before we invest our life saving in BTC. Some of the thing addressed is why fiat work and why BTC makes bad currency and why he believes BTC is Ponzi. He also go into great detail as to why he prefers gold for over Crypto.
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the S&P 500 will rebound to 4,900
Lakos reiterated a year-end price target of 4,900 for the S&P 500. Since the index sits at 3,820 today, his target implies a potential upside of around 28%. read more Because of close correlation between BTC and S & P 500, this matters because this implies BTC can see at least 30% increase, and with 30 % increase in BTC some Altcoins will probably return at least 30% to 100% as they tend to follow BTC. Do you agree with this view point?
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Nobody’s ever lost money investing in Bitcoin for four years
“If you think about Bitcoin, if your time horizon is one month, it looks like a volatile risk asse, but if your time horizon is 10 years, it looks like a risk-off store of value asset. So, the crossover point is four years. Nobody’s ever lost money investing in Bitcoin for four years." - Michael Saylor In other words we could go for up to 4 years without profit in BTC, the key is patience and also one should not invest money needed within 4 years period.
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Why is UST(ustc ) pumping⁉️🤔
I am failing to understand why UST has been pumping lately it is over 40% up today, as far as I understand UST is broken and so is Luna classic. I can't seem to find any news which would support this pump. Imagine what would happen if Terra Lab were to make a proposal to fix UST and Lunac,🤔.I guess one can always make money trading even the broken Cryptos like UST, I won't touch it at this point.
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Is Bitcoin Correlated to the S&P 500❓
Recently, Bitcoin has traded more like a tech stock or more similarly to the S&P 500. Yet there is evidence that this is more of a recent trend and that Bitcoin actually has been uncorrelated to the stock market for quite some time. The ultimate hope for Bitcoin becoming uncorrelated to the stock market is that it will not be subject to economic policies that so often cause ups and downs in equities. Additionally, if Bitcoin trades separately from the stock market, it is viewed almost as a badge of honor for Bitcoin's development from a speculative, volatile asset to a necessary component for all portfolios. Read MoreIndeed it will great for BTC to stand on its own eventually, hopefully time will come when BTC will be used to hedge against inflation.
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Mad man or Visionary ⁉️
Only time will tell if Michael Sailor is seeing the future correct, I think BTC is safe in Crypto world, not the one to return great multiples, but one to hold for decent return. I think BTC have that buy and forget vibe? Source: twitter
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🔥Investment growth loop🔁💰🔥
The aim of investing is to keep this loop below going, the longer it last the better because that is how millions 💲 and billions 💰 are made. I am a student of investing and I am here to learn and grow from your investment ideas and posts.
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Is this the resurrection of EOS?
Should we start accumulating EOS token as it is getting support from Vitalik, it sounds like Eos is like to Vitalik a wise son a king would never have, in this case Eos would be a wise son.
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🔥 SEC Chair Gensler said Bitcoin is the only cryptocurrency that is a commodity.🔥
Gold is commodity therefore BTC is like gold as it involves Mining, and have limited supply. This us good news for BTC because this could be paving way for BTC ETF as we have gold ETF. ETF can be traded at stock exchange and this will mean easy access to institutions funds.
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From Billionaires to millionaires
Below is the list of top 7 richest people in crytpo, some of them lost billionaires status but they are still pretty much well at the current crypto market conditions. I think this is still nice life problem to them🙂
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Former Crypto Billionaire Insists Bitcoin Will Soar To $250,000 Within Next 18 Months🤔
Does the rich have influence on your decision? When you hear a billionaire forecast BTC at 250k do you feel assured and want to commit more cash ? I think we should be carefully when we read this kind of predictions below👇, we should rather pay more attention to the reason behind their calls. The fact is that this remains a guess and no matter how rich Tim is, he definitely does not know what will happen in the next 18 months.
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🔥Don't mix Investment with Emotions 🔥
"Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas." — Paul Samuelson We should never mix investment with emotions, doing what is sensible matters more. Once fear or greedy takes over us we miss entry point and exit point.
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