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How do you make $100 a day trading cryptocurrency?

If you're new to crypto day trading, here's what you need to know to make money.

The most effective way to make $100 a day with cryptocurrency is to invest approximately $1000 and monitor a 10% increase on a single pair.

This approach is more realistic than investing $200 and tracking a 50% increase on the pair.

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Is cryptocurrency halal?

Is cryptocurrency halal?

For many Islamic scholars, the answer quite simply is yes.

Shariah principles can be applied to modern crypto analysis and digital currencies as they are based on social justice, accountability and ethics which transcend all forms of financial transactions.

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Is crypto real or fake?

Key Points.
Digital assets are not inherently a scam, but they can attract scammers because of their complexity and profit potential.

There are crypto versions of classic scams, such as phishing attacks, Ponzi schemes, and pump-and-dump manipulations.

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Can you claim crypto scam?

Summary;
Crypto scams like phishing scams and rug pulls are common.

You won't pay tax on any stolen crypto.
You may be able to claim your stolen crypto as a capital loss depending on where you live.

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Is there a scam going on with cryptocurrency?

You can absolutely get scammed if someone sends you crypto, but the scam can take on many different forms.

For example, someone might send you crypto with the goal of gaining your trust, only to get you to send them back more crypto in return.

#dailyfootagetv 🏦 BE AWARE 🤳

Here are some common types of cryptocurrency scams:

Phishing:
Scammers may pretend to be a company, such as through an official-looking email, and ask you to share private information.

Fake products:
Scammers may offer fake crypto products that promise high returns on investment but require a large initial fee and frequent additional investments. When you try to withdraw your funds, they may be gone.

Giveaways:
Scammers may offer crypto giveaways, but once you send your crypto to the giveaway address, it's gone forever. Crypto transactions are irreversible, so you won't be able to get your crypto back.

Other signs of a cryptocurrency scam include:

🗣️Poorly written white papers
🗣️Excessive marketing
🗣️Get-rich-quick claims
🗣️Websites that look similar to reputable brands
🗣️Companies or websites with names that sound similar to other companies or websites
🗣️Demands for payment in cryptocurrency
Promises of big returns or guaranteed profits
Investment advice from someone you meet on a dating site or app

To avoid cryptocurrency scams, you can:

Stick with reputable exchanges and wallets with a long history of users
Research companies before investing or sending money

Be wary of anything that sounds too good to be true

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What are fake shopping websites?

Online shopping scams are a type of online scam in which cybercriminals try to portray themselves as legitimate online sellers to steal your personal information or money.

Many cybercriminals will create a fake website that either looks like a genuine seller or impersonates established retailers like Amazon.

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Who sold a fake airport?

Well have you ever heard of Emmanuel Nwude?

This guy is like the Michael Jordan of Nigerian scammers.

He was able to "sell" a fake airport to a Brazilian bank director (Nelson Sakaguchi) for a whopping $242 MILLION dollars in the mid-90s.

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Who is the girl that scammed rich people?

Sorokin used these documents, as well as fraudulent checks, to trick banks, acquaintances, and realtors into paying out cash and granting large loans without collateral.

She used this to fund her lavish lifestyle, including residencies in multiple upscale hotels.

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Who scammed the most money in the world?

Jeffrey Skilling is an American former CEO of Enron Corporation, convicted of securities fraud (and other crimes) for his part in the 2001 Enron scandal, a $63.4 billion bankruptcy ($109.1 billion today).

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What is the scamming capital of the world?

With an astounding 466,501 online scams in 2022, the U.S. leads the world as the country with the most scam victims per year.

The U.K., Canada, India and Australia follow as the respective second through fifth most-scammed countries across the globe.

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There are many people who could be considered the largest scammers in history, including those who ran Ponzi schemes, other financial frauds, or other types of scams

Bernie Madoff:
In 2009, Madoff was sentenced to 150 years in prison for masterminding the largest known Ponzi scheme in history, which stole over $19 billion from 40,000 investors.

M. Gregor MacGregor:
A Scottish con man who tried to attract investors to the non-existent country of Poyais

Billy McFarland:
Organizer of the Fyre Festival and other fraudulent activities that defrauded others of $27.4 million

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Some of the most notorious scammers in history include:

Bernie Madoff:
Created a $65 billion Ponzi scheme, the largest investor fraud ever attributed to a single person. In 2008, Madoff was sentenced to 150 years in prison, ordered to forfeit $17.179 billion, and banned from the securities industry for life.

Billy McFarland:
Organized the Fyre Festival and other fraudulent activities that defrauded people of $27.4 million.

M. Gregor MacGregor:
A Scottish con man who tried to attract investors and settlers to the fictional country of Poyais.

Matt the Knife:
An American con artist, card cheat, and pickpocket who stole from casinos, corporations, and a Mafia crime family from ages 14 to 21.

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The first fraud in history 😶‍🌫️

Financial fraud dates back to the year 300 B.C. when a Greek merchant named Hegestratos took out a large insurance policy known as bottomry. The merchant borrowed money and agreed to pay it back with interest when the cargo—in this case, corn—was delivered.

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Who is the highest Bitcoin owner?
Satoshi Nakamoto

So, who are the top holders of BTC?

According to the Bitcoin research and analysis firm River Intelligence, Satoshi Nakamoto, the anonymous creator behind Bitcoin, is listed as the top BTC holder as of 2024.

The company notes that Satoshi Nakamoto holds about 1.1m BTC tokens in about 22,000 different addresses.

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How Rich Binance CEO his net volume?

Changpeng Zhao, known as "CZ," founded Binance, which rapidly grew to be the largest cryptocurrency exchange in the world by daily trading volume.

With a net worth estimated at $39.6 billion as of March 2024, Zhao's story reflects the fast-paced and unpredictable world of cryptocurrency.

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About Mansa Musa's Net Worth as compared to today's money value:

Historians say he was the richest person to have ever lived.

Today, his wealth would be worth more than $400 billion USD.

Mansa Musa came to power in 1312 CE after the previous ruler, Abu Bakr, disappeared at sea while exploring the Atlantic Ocean and never came back.

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World Richest civilization in ancient history:

Many ancient civilizations were wealthy, including empires and dynasties

Egypt:
During the 18th dynasty, from 1550 BC to 1295 BC, Egypt was one of the wealthiest Bronze Age nations in the region.

The dynasty was marked by an unprecedented concentration of wealth among the elite.

The Roman Empire:
The Romans were known for their superior trading skills and sophisticated financial system, and their empire grew from a small republic to a global power in a few centuries.

At its height, the Roman Empire:
Controlled other ancient powers, including Egypt and Greece, as well as Crete and Mesopotamia.

The Song Dynasty in China:
Some scholars believe that China experienced the world's first industrial revolution during this dynasty.

The Mughal Empire in India:
This empire was economically vibrant from the 16th century until the British Raj was established in the mid-19th century.

Other wealthy ancient civilizations include Mesopotamia, the Persian Empire, the Byzantine Empire, and the Ottoman Empire.

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World (Oldest) ancient currency name 💰

The Mesopotamian civilization developed a large-scale economy based on commodity money. 

The shekel was the unit of weight and currency, first recorded c. 2150 BC, which was nominally equivalent to a specific weight of barley that was the preexisting and parallel form of currency.

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World Expensive Currency💰

The Kuwaiti Dinar (KWD) is considered the world's most valuable currency, with one Dinar worth around $3.255 as of March 2024.

The Dinar's value is due to Kuwait's stable economy, oil reserves, and tax-free system.