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Mohammed Hosin
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Currency trading forecast for the last month of 2024
The last year of each calendar year usually witnesses significant activity in the digital currency markets, as prices are affected by several factors such as seasonal trends, global market movements, and political events in general.
As 2024 draws to a close, the cryptocurrency market is showing predictable dynamics based on what has happened in the past five years.
As 2024 draws to a close, the cryptocurrency market is showing predictable dynamics based on what has happened in the past five years.
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Three quick tips I learned from my short journey on Binance, I summarize them for you:
1. Watch more
2. Be patient
3. Control your greed
#2024WithBinance
1. Watch more
2. Be patient
3. Control your greed
#2024WithBinance
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Thank you for your effort.. God bless you
Halal transactions and transactions to avoid in trading
I am not a Mufti, but we as Muslims must all be aware of Allah’s limits in our daily financial dealings, as we will be asked about every dinar we earn or spend. Therefore, it is necessary to learn and inquire about what forbidden transactions should be avoided. Even non-Muslims, out of concern for their money, should stay away from risky practices such as leveraged trading, as failure in this type of trading can lead to complete loss of money and many these days have lost all their money due to leverage.
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The Briton Who Threw 8,000 $BTC Into the Trash!
Bitcoin's approach to the $100,000 barrier reminded me of the story of the young man in the picture, "James Howells", who became famous several years ago for throwing away a hard drive containing 8,000 $BTC coins that were stored in his private wallet, which he transferred from one of the digital platforms, then kept them on this drive before accidentally throwing it in the trash, and from there directly to the giant landfill in the Newport Municipality where he lives in western Britain.
It remained there for several years until 2013 AD, when the price of Bitcoin reached $100, which prompted him to start his attempts to recover the drive from the landfill, and he has remained in that situation for 11 years until now, but to no avail.
Recently, James filed a lawsuit against the Newport Municipality after he failed to reach an agreement with its officials to cooperate with him in exchange for a promise to donate 10% of the money he would recover to the benefit of the region.
While the municipality announced that it would not grant permission for excavation due to environmental concerns resulting from the overturning of tons of garbage, especially since it is the only party authorized at the site and responsible for any damage that may result from excavation there.
Bitcoin's approach to the $100,000 barrier reminded me of the story of the young man in the picture, "James Howells", who became famous several years ago for throwing away a hard drive containing 8,000 $BTC coins that were stored in his private wallet, which he transferred from one of the digital platforms, then kept them on this drive before accidentally throwing it in the trash, and from there directly to the giant landfill in the Newport Municipality where he lives in western Britain.
It remained there for several years until 2013 AD, when the price of Bitcoin reached $100, which prompted him to start his attempts to recover the drive from the landfill, and he has remained in that situation for 11 years until now, but to no avail.
Recently, James filed a lawsuit against the Newport Municipality after he failed to reach an agreement with its officials to cooperate with him in exchange for a promise to donate 10% of the money he would recover to the benefit of the region.
While the municipality announced that it would not grant permission for excavation due to environmental concerns resulting from the overturning of tons of garbage, especially since it is the only party authorized at the site and responsible for any damage that may result from excavation there.
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Is it coming 🤔
XRP
XRP
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"Profit in buying" is a well-established idea that has long been used by ancient traders to guide their trade.
It simply means that real profit begins from the purchase stage, as the trader's acquisition of the commodity at a suitable price is the key to achieving good profits for him when he sells it later.
Although this idea or vision originated in the traditional trading environment, it is gaining increasing importance today in the world of digital trading, especially in light of the sharp fluctuations witnessed by the digital currency market around the clock.
Buying currencies at a low and thoughtful price can open up wide horizons for the trader to achieve large profits when prices rise later.
But the important question is: How can traders adopt this vision and put it at the heart of their strategies to achieve success in the digital currency market? .. Share with me your opinions and perceptions about it.
It simply means that real profit begins from the purchase stage, as the trader's acquisition of the commodity at a suitable price is the key to achieving good profits for him when he sells it later.
Although this idea or vision originated in the traditional trading environment, it is gaining increasing importance today in the world of digital trading, especially in light of the sharp fluctuations witnessed by the digital currency market around the clock.
Buying currencies at a low and thoughtful price can open up wide horizons for the trader to achieve large profits when prices rise later.
But the important question is: How can traders adopt this vision and put it at the heart of their strategies to achieve success in the digital currency market? .. Share with me your opinions and perceptions about it.
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Bitcoin Surpasses $80,000: A Historic Moment That Defies Expectations
In a moment that represents a milestone in the history of digital currencies, the price of Bitcoin has crossed the $80,011 barrier, in an unprecedented rise that exceeds all previous expectations.
This significant leap reflects radical changes in the financial market and a shift in the way individuals and institutions view digital currencies.
Reasons for the record high
Bitcoin price is influenced by several factors, perhaps the most important of which is supply and demand. This is accompanied by the continuous increase in demand for digital currencies from large institutions such as investment banks and hedge funds. The interest of large companies, such as Tesla and MicroStrategy, in investing in Bitcoin, and the expansion of its use as a hedge against inflation, is adding significant support to Bitcoin’s market value.
This significant leap reflects radical changes in the financial market and a shift in the way individuals and institutions view digital currencies.
Reasons for the record high
Bitcoin price is influenced by several factors, perhaps the most important of which is supply and demand. This is accompanied by the continuous increase in demand for digital currencies from large institutions such as investment banks and hedge funds. The interest of large companies, such as Tesla and MicroStrategy, in investing in Bitcoin, and the expansion of its use as a hedge against inflation, is adding significant support to Bitcoin’s market value.
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