I am in a really tight spot now but I have just 13 Usdt in my wallet, I am a financial and crypto content writer and I need to make money . What advice do you have for me?
During times of market corrections, we really get to see who is genuinely committed to Bitcoin and who might be just passing through.
Bitcoin enthusiasts recognize that the ultimate goal is to accumulate as much $BTC as possible. Influencers like Saylor grasp this concept deeply.
Remember, dips and crashes can be seen as opportunities—gifts that allow you to acquire more Bitcoin than you might have been able to at higher prices.
It's important to realize that by engaging with Bitcoin now, you're ahead of many others, including millionaires and billionaires who may not yet understand its potential.
The focus is on: 💰Accumulating more Bitcoin 💰Reducing reliance on fiat
If this mindset doesn’t resonate with you yet, don’t worry—take your time to explore and learn more about Bitcoin. There's a supportive community out there to help you on your journey.
Meta has agreed to pay $25 million to settle a lawsuit filed by President Donald Trump against the company after it suspended his accounts following the Jan. 6, 2021, attack on the Capitol.
After 12 years of unsuccessful attempts, the man who lost his hard drive containing 742 million dollars in Bitcoin is forced to give up
I read this somewhere and decided to share
In today’s world of digital currencies, where Bitcoin has turned the financial scene on its head, James Howells’ story is both a warning and a wild tale. Back in the day, this Welsh IT guy bought 8,000 Bitcoins when they were dirt cheap and barely known. Fast forward to now, and those coins could’ve made him a multimillionaire. But in 2013, a simple mistake changed everything. As Bitcoin’s value shot through the roof, hitting an eye-popping 742 million $, Howell’s missing fortune became something of a legend.
How one accidental toss cost millions
So what happened? In 2013, James accidentally chucked out the hard drive that held his treasure trove of Bitcoins. At that point, they were already worth around 8 million dollars. But today? We’re talking about an insane 742 million dollars! This mishap went down in Newport, South Wales, and now that hard drive is supposedly lying under 10,000 to 15,000 tons of trash at a local dump.
The financial hit for Howells is massive. What once looked like a smart move turned into a dream buried deep under piles of garbage. Yet against all odds, he kicked off an ambitious plan to dig up his lost wealth.
Determined to get back what he lost, James faced some serious roadblocks trying to search that landfill for his tossed-out HDD. Local officials in Newport kept shutting him down whenever he asked to dig around there—they were worried about health risks and environmental issues (you know how it goes). Under UK pollution laws, any waste dumped in a landfill technically belongs to that site. Digging it up could potentially unleash some nasty stuff into the environment.
James never scored the permit needed to legally start digging. He had big plans though—using drones and robots along with expert teams to carefully comb through about 2,000 square meters of landfill space. It sounds like something straight out of Hollywood! #StoryTime
One of the intresting read of today ⚡️ INSIGHT: Bitcoin became the 7th largest asset in the world by market cap in 2024, surpassing Saudi Aramco, Silver and Meta.
My mum lost all her life savings to a Trading Agency and here is why.
Back in 2019 in the city where I am from there was a rise in trading companies and agencies that use people's money to trade and give them a certain % of the profit.
This was simply because the concept of crypto was new to many and were too scared to partake in something they didn't fully understand. So it was safer to give it to a broker.
My mum also invested a bit of her savings after months of seeing it paid her friend 15% of her capital. Time passed and there came COVID-19, it felt really good to be at home and still get 15 % of your capital in that hard time when you couldn't run your business and you live in a country where the Government can help you.
Instead, they did what they knew to do best, make the people suffer, in the first few months of 2021 they dropped the bombshell. They set a ban and set of policies for crypto and crypto-related bank accounts.
It singular act affected the lives of many, for my mum it was her savings, for my friend it was the money meant for her Japa plans before COVID-19 and for many others, it was ALL THEY HAVE.
Why am I saying all this? You may ask, I want to share one lesson I learned from all this, is not enough to understand what you are putting your money in, it is important also to know the rules, regulations, and policies governing your city as regards where you want to put your money.
Crypto: The World's Greatest Revolution or the Internet's Biggest Scam?*
The cryptocurrency space has been a topic of intense debate in recent years. While some hail it as a revolutionary technology that will change the world, others dismiss it as a massive scam. But what's the truth? Is crypto a game-changer or a recipe for disaster?
📉The Case for Crypto Being the World's Greatest Revolution*
Cryptocurrency and blockchain technology have the potential to decentralize power, democratize access to financial services, and promote transparency. By allowing individuals to control their own financial transactions without the need for intermediaries, crypto can provide access to financial services for the unbanked and underbanked populations.
Moreover, crypto is driving innovation in areas like payments, finance, gaming, and more, disrupting traditional industries and creating new opportunities. The security and immutability offered by blockchain technology can also be a game-changer for various industries, from supply chain management to healthcare.
📈The Case for Crypto Being the Internet's Biggest Scam*
On the other hand, the crypto space is largely unregulated, making it a breeding ground for scams, phishing, and Ponzi schemes. The lack of clear regulations and oversight has led to a proliferation of fraudulent activities, leaving investors vulnerable to significant losses.
Furthermore, crypto markets can be highly volatile, and some argue that prices are manipulated by whales, bots, or other malicious actors. The lack of clear use cases or real-world applications for many crypto projects has also led some to question their legitimacy. The Verdict*
So, is crypto the world's greatest revolution or the internet's biggest scam? The answer lies somewhere in between. While crypto has the potential to drive innovation and promote financial inclusion, it is also fraught with risks and uncertainties.
As with any emerging technology, it's essential to approach crypto with caution and to educate yourself about the space. So visit #binancelearntoearn today.
TOP 20 ALT COINS YOU NEED TO KNOW THIS SEASON: DON'T MISS OUT ON THE NEXT BIG THING!*
As the cryptocurrency market continues to evolve, altcoins are gaining traction and offering exciting opportunities for investors. But with so many options available, it can be overwhelming to decide which altcoins to keep an eye on.
Whether you're a seasoned investor or just starting out, this list will give you the insider knowledge you need to stay ahead of the curve.
*DeFi Altcoins*
1. Uniswap (UNI) - The leading decentralized exchange 2. Aave (AAVE) - A pioneer in decentralized lending 3. Compound (COMP) - A DeFi powerhouse for lending and borrowing 4. SushiSwap (SUSHI) - A popular decentralized exchange 5. Curve (CRV) - A decentralized exchange for stablecoins
*Gaming and NFT Altcoins*
1. Axie Infinity (AXS) - A blockchain-based gaming platform 2. The Sandbox (SAND) - A decentralized gaming ecosystem 3. Decentraland (MANA) - A virtual reality platform 4. Enjin Coin (ENJ) - A gaming and NFT platform 5. Flow (FLOW) - A blockchain-based gaming platform
*Smart Contract Altcoins*
1. Ethereum Classic (ETC) - A decentralized smart contract platform 2. Binance Smart Chain (BSC) - A fast and low-cost smart contract platform 3. Cardano (ADA) - A decentralized public blockchain 4. Polkadot (DOT) - A decentralized platform for interoperability 5. Solana (SOL) - A fast and scalable blockchain platform
*Payment and Transfer Altcoins*
1. Litecoin (LTC) - A peer-to-peer cryptocurrency 2. Bitcoin Cash (BCH) - A decentralized cryptocurrency 3. Stellar (XLM) - A decentralized payment network 4. Ripple (XRP) - A real-time gross settlement system 5. Dogecoin (DOGE) - A community-driven cryptocurrency
Qtum (QTUM) - A decentralized smart contract platform
Stay ahead of the curve and keep an eye on these top 20 altcoins this season. Remember to always do your own research and consider multiple sources before investing in any cryptocurrency.
my wallet of $70 two months ago is now $300 (Here is what I did differently)
I held!!!!!!! I am still holding I shall keep holding
Two months ago, my wallet contained only $70, but now it has expanded to an impressive $300. Here’s what I did differently to achieve this growth:
I decided to hold onto my investments! Despite the fluctuations in the market, I have continued to maintain my position and stay patient. I remain committed to holding my assets, as I believe in their potential for further appreciation.
The key to my strategy has been investing money that I don't necessarily need for immediate expenses. By setting aside funds that I can afford to leave untouched, I've been able to ride out any ups and downs in the market without feeling pressured to sell prematurely.
While it's true that not everyone can reach the top of the trading leaderboard, there will always be opportunities for everyone to enjoy a share of the profits. With patience and a thoughtful approach, you too can find your piece of the pie in the investment world.
This is to all beginners trader like me out there. Go take your little piece today 💪
Top 5 movies I watched to understand crypto when I started.
1. Banking on Bitcoin' (2016) 2. 'The Rise and Rise of Bitcoin' (2014) 3. 'Bitcoin: Beyond the Bubble' (2018) 4. 'The Blockchain and Us' (2017) 5. 'Cryptopia' (2020)
"Dumb money" is one move that is not directly about crypto but helped me understand the power of holding an asset.
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