Ramadan is a month full of blessings, mercy and forgiveness for Muslims. Meanwhile, crypto is part of the world economy that is present to test the lives of the world's people. The world economy, which is being exposed to shocks from the bank failure problem, has pushed crypto's pace towards the positive this month. Making crypto an alternative escape when banking financial investments are in trouble.

Crypto Market

For Muslims, Ramadan is a holy month and every time sheet that has recorded the shape of the period when the month of Ramadan occurs has clearly formed a habitual pattern of the form of market economic turmoil, especially households for countries where the majority of the population is Muslim. The busy form of welcoming this holy month among Muslims also gives a little impetus to market stimulation which may have been sluggish or stagnant at first. From shopping for household needs, to the gold market, which for a moment became busy in the market.

Gold Price

Apart from the condition of the global market value issue which is an indication of price fluctuations in the local market, basic necessities and gold prices have slightly increased compared to the previous few months. It becomes a lattice that is commonly found in welcoming this blessed month.

Image by Antonio Cansino from Pixabay 

Crypto as part of the new instrument unknowingly or unnoticed also goes in a positive direction. Even though the turmoil of encouragement is clear from the problems that occur in the banking world towards global economic conditions. However, it is clear that this is related to the problem of encouragement that occurs either due to other reasons or not based on historical records since the presence of crypto, crypto prices at the beginning and at the end of the month of Ramadan do have a positive impact every time Ramadan comes. Whether due to the encouragement of gold market indications or other things, it is a fact that the month of Ramadan is a month that brings blessings to everyone in general.

However, it is necessary to remember to remain alert to the problem of fluctuating values ​​changing at any time in the movement of the crypto market, because apart from the plus or minus conditions of the crypto market value the author only writes based on the author's view as writing material, not to invite or be used as a reliable prediction. In closing, the author also does not forget to say "Happy fasting 1444 -1445 H to Muslims around the world. May blessings and forgiveness always be with us".

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#crypto2023 #BTC #BNB #Ramadan #Market

The Spirit of Sharing Your Crypto Profits in Ramadan: A Time-Honored Tradition
#Ramadan2024 #Ramadan

Ramadan is a sacred month observed by Muslims worldwide, characterized by fasting, prayer, reflection, and acts of charity. It is a time of heightened spirituality and a chance for individuals to strengthen their connection with their faith and community. In addition to the traditional forms of charity, such as feeding the hungry or donating to the less fortunate, modern practices, like sharing cryptocurrency profits, can also embody the spirit of generosity and benevolence during this auspicious time.

In recent years, cryptocurrencies have emerged as a lucrative investment opportunity, with many individuals venturing into this new financial realm. The volatile nature of the crypto market often leads to significant profits for investors, especially during periods of rapid price fluctuations. As Ramadan approaches, some may find themselves in a position of financial abundance due to successful crypto trades or investments.
One of the fundamental teachings of Islam is the importance of charity, especially during Ramadan. A hadith narrated by Abu Huraira (may Allah be pleased with him) highlights the significance of giving during this blessed month:
"The Prophet Muhammad (peace be upon him) said, 'Whoever gives iftar to one who is fasting will have a reward like his, without that detracting from the reward of the fasting person in the slightest.'" (Sahih al-Bukhari)
This hadith underscores the immense rewards associated with providing sustenance to those observing the fast, indicating that acts of charity are greatly magnified during Ramadan.
While the concept of giving iftar (the meal to break the fast) is deeply ingrained in Ramadan traditions, the underlying principle of generosity extends beyond food provision. In the context of cryptocurrency profits, individuals can embody the spirit of charity by sharing their financial gains with those in need.
Practical Ways to Share Crypto Profits:
Donate to charitable organizations: Research and contribute to reputable charities or relief efforts that support communities affected by poverty, conflict, or natural disasters.Sponsor iftar meals: Collaborate with local mosques, community centers, or humanitarian organizations to sponsor iftar gatherings for those in need.Support educational initiatives: Allocate a portion of your crypto profits to fund educational programs, scholarships, or initiatives aimed at empowering underprivileged individuals through knowledge and skill development.Invest in sustainable projects: Consider investing in environmentally friendly or socially responsible projects that promote economic empowerment and sustainability in marginalized communities.
Benefits of Sharing Crypto Profits:
Fulfillment of religious obligation: By sharing your crypto profits, you fulfill the Islamic mandate of giving to those less fortunate, thereby earning spiritual rewards and blessings during Ramadan.Strengthening community bonds: Engaging in charitable activities fosters a sense of unity and solidarity within the Muslim community, as individuals come together to support common causes.Positive impact on society: Your contributions can make a tangible difference in the lives of disadvantaged individuals, providing them with essential resources and opportunities for a better future.
As Muslims around the world prepare to observe Ramadan, the spirit of generosity and compassion takes center stage. In addition to traditional acts of charity, sharing cryptocurrency profits represents a modern interpretation of this timeless principle. By heeding the teachings of Prophet Muhammad (peace be upon him) and giving generously to those in need, we honor the essence of Ramadan and contribute to building a more equitable and compassionate society.
Remember, the rewards of charity are not limited to the material realm but extend into the spiritual realm, enriching both the giver and the receiver alike.
May this Ramadan be a time of immense blessings, reflection, and generosity for all.
"And they give food in spite of love for it to the needy, the orphan, and the captive, [Saying], 'We feed you only for the countenance of Allah . We wish not from you reward or gratitude.'" (Quran 76:8-9)$BTC $ETH $BNB