Generate generational wealth from crypto

It requires a combination of smart investing, long-term thinking, and a bit of luck. Here are some ways to potentially build generational wealth with crypto:

1. Buy and hold: Hold onto cryptocurrencies like Bitcoin or Ethereum for an extended period, allowing their value to appreciate over time.

2. Diversify: Spread investments across a range of cryptocurrencies and assets to minimize risk.

3. Invest in promising projects: Support innovative crypto projects with strong potential for growth.

4. Staking and yield farming: Earn passive income through staking and yield farming.

5. Educate yourself: Stay informed about market trends and developments to make informed decisions.

6. Set up a crypto inheritance: Pass on your crypto assets to future generations.

7. Consider a crypto trust fund: Set up a trust fund to manage and distribute your crypto wealth.

Remember, crypto investments carry risks, and there are no guarantees of success. Always do your own research and consult financial experts if needed.

#CryptoNewss #CryptoNewsCommunity #BTC☀ #EtheruemETF #ETHETFsApproved

Kabosu was a pedigree dog who was sent to an animal shelter when her puppy mill shut down. She was adopted in 2008 by Japanese kindergarten teacher Atsuko Sato, and named after the citrus fruit kabosu because Sato thought she had a round face like the fruit.

Kabosu was first pictured in a 2010 blog post by Sato; afterward, variations of the pictures using overlaid Comic Sans text were posted from a Tumblr blog, Shiba Confessions.
The use of the intentionally misspelled "Doge" dates back to June 2005, when it was mentioned in an episode of Homestar Runner's puppet series. She was also associated with Dogecoin, a cryptocurrency inspired by the Doge meme.

On December 28, 2022, Sato announced that Kabosu was seriously ill with leukemia, and soon after that her health had improved.

On May 24, 2024, it was announced on Sato's blog that she died at the age of 18, at 7:50 a.m. JST, in Sakura, Chiba

#doge⚡ #DogeForever #DogeStrong #dogedied

Imagine a pine tree growing in sand. It grows quickly, shooting up to an impressive height in a short space of time. Yet, its roots remain shallow, never anchoring properly and leaving the tree vulnerable. When storms roll in, its size becomes its Achilles’ heel. Such was the story of Terra Luna: an unbelievable ascent on shaky foundations with a catastrophic downfall.

The Terra community opted for a fresh start to address the crisis, which consisted of a new Terra chain (LUNA 2.0), while the original became LUNA Classic (LUNC).

All major exchanges are burning the coin along with the community. We should keep eye on the events and invest only what we can afford to loose

#Lunc2TheMoonSoon #LUNCUSD #CryptoNewss #DoKwon #TeraClassic

The first Bitcoin halving occurred in November 2012. The next halving was in July 2016, and the most recent halving was in April 2024

The reward, or subsidy, for mining, started out at 50 BTC per block when Bitcoin was released in 2009. The amount drops in half each time a new halving takes place. For instance, after the first halving, the reward for Bitcoin mining dropped to 25 BTC per block.

The last halving will occur in 2140. At that point, there will be 21 million BTC in circulation and no more coins will be created. From there, miners will just be paid with transaction fees.

If we look at the history, we can predict the actual bull run will start from 2-3 months after the halving and will go on top level around May- October 2025

#BTC☀ #btchalvingimpact #btcupdates2024 #BullRunAhead #bullrun2024📈📈

On October 29, 2013, a Robocoin machine opened in the Waves coffee shop in downtown Vancouver, Canada.

On December 8, 2013, Europe's first Bitcoin ATM was installed in Slovakia.

The first machine in the United States went online on February 18, 2014, in a cigar bar in Albuquerque, New Mexico, though it was removed 30 days later.

Months later, in May 2014, the first licensed bitcoin ATM in the U.S. was developed by Coinme and installed at the Spitfire Grill in Seattle, WA

In South Africa, ATMs accept the Rand (ZAR) and transactions over 10,000ZAR ($667) requires ID verification.
These ATMs are mostly found in Cape Town, Durban, Johannesburg and Pretoria

#BTC☀ #BTC100Ksoon

$BTC Bitcoin is displaying signs of improvement since this morning, yet it needs to breach the $69,000 mark again to confirm upward momentum.
its price is expected to hover around $87,000 by December 2024, with a minimum price of $80,000

In my opinion, you should buy btc in small chunks each month as this is and should be your major asset.

#BTC☀ #BTC100Ksoon

Do Kwon, born Kwon Do-hyung, is a South Korean former businessman and software engineer. He was the co-founder and CEO of Terraform Labs, the parent company of TerraUSD and Luna, two cryptocurrencies that collapsed in May 2022. The collapse wiped out almost $45 billion in market capitalization in one week and caused hundreds of billions in losses in the larger crypto market.

Kwon was born in Seoul, South Korea, on September 6, 1991. He attended Daewon Foreign Language High School in Seoul and later received his B.S. in computer science from Stanford University in 2015. After working briefly as a software engineer for Microsoft and Apple, Kwon returned to South Korea in January 2016 to develop and found his startup, Anyfi. In January 2018, Kwon co-founded Terraform Labs Pte. Ltd. with entrepreneur Daniel Shin.

Terraform Labs released a cryptocurrency called Luna in 2018 and began selling its stablecoin, TerraUSD (UST), in 2020. The Terra blockchain, which includes both UST and Luna, had stable mining incentives that were purported to create an elastic monetary policy alongside an efficient fiscal policy to counteract potential low adoption and limited use cases. The UST stablecoin used an algorithm linked to the Luna supply to maintain a value of around $1, unlike other coins that are pegged to cash.

However, the Terra blockchain collapsed in May 2022, beginning when UST started to break its peg to the U.S. dollar. Over the next week, the price of UST plunged to 10 cents, while Luna fell from an all-time high of $119.51 to virtually zero. Luna 2.0, now called LUNA on trading platforms.

Cryptocurrency vs Digital Currency:

Cryptocurrency

Cryptocurrency is a decentralized digital medium of exchange that uses cryptography to secure and verify transactions. It is based on a decentralized technology called blockchain, which records transactions across a network of computers. The most well-known cryptocurrency is Bitcoin, but there are many others, such as Ethereum, Litecoin, and Monero.

Characteristics:

- Decentralized: Cryptocurrencies operate independently of central banks and governments.
- Limited supply: Most cryptocurrencies have a limited supply of coins or tokens.
- Anonymous: Transactions can be made pseudonymously, offering a level of anonymity.
- Secure: Cryptography and blockchain technology ensure secure transactions.

Digital Currency
Digital currency, on the other hand, is a broader term that refers to any digital representation of value that can be used for financial transactions. It can be centralized or decentralized and may or may not use cryptography. Digital currencies include:

- Electronic funds transfers (EFTs)
- Mobile payments
- Digital tokens
- Central bank-issued digital currencies (CBDCs)

Characteristics:
- Centralized: Digital currencies can be issued and controlled by central authorities.
- Unlimited supply: Digital currencies can have an unlimited supply, as they are not bound by the same rules as cryptocurrencies.
- Traceable: Transactions can be traced and tracked.
- Regulated: Digital currencies are often subject to financial regulations.

Key differences
- Decentralization: Cryptocurrencies are decentralized, while digital currencies can be centralized.
- Security: Cryptocurrencies use advanced cryptography, while digital currencies may not.
- Supply: Cryptocurrencies have a limited supply, while digital currencies can have an unlimited supply.
- Regulation: Cryptocurrencies are often unregulated, while digital currencies are subject to financial regulations.