Kara3
When we compare Bitcoin with the best, most used fiat and most reliable currency in the world, the Us dollar it clear show that Bitcoin is on a different level to the Us dollar.
Let me show you why wealthy men like changpeng Zhao(cz), Brian Armstrong, Jed mc Caleb etc can hold billions in Bitcoin without being afraid.
If you are afraid that Bitcoin would go to 10k,ask yourself why they hold billions in Bitcoin.
Don't you think that they had more insight than you will ever have?
Why do you think Nasdaq crashed 1.8% 2days ago and Bitcoin holding 27k line? Buyers still buy no matter what, that shows confidence in Bitcoin, and remember retail got no money right now.
Inflation is too high, retail salary vanished day it arrives, it not retail that buy Bitcoin now,
you wouldn't like to hear this, but the one buying assets now are the wealthy, they will likely continue the trend of the rich getting richer
https://www.binance.com/en/feed/post/1263348
_ Avoid trading altcoin: you are not a genius trader, you will eventually get burned.
_ Never trust price prediction: no one has a crystal ball.
_ DCA into Bitcoin, emotions aside, No need to time this market.
_ share Bitcoin cautiously, people might think you want to scam them.
_ Attend meet up and conference, the Bitcoin community is awesome.
_ Guide newcomers to the crypto industry to Bitcoin only.
_join #bitcoin Twitter: it's less lonely with fellow holders.
_ Don't Force Bitcoin on others, but be a resource to those who seek knowledge
https://www.binance.com/en/feed/post/1253863
At bull run 2020-21we also experience fraud who will subsequently take advantage of people gullibility to ruin them, Luna, 3AC, Ftx, etc.
you should know that no matter the punishment for the person behind these scandals, there will always be bad actors in the crypto ecosystem at the next bull run .
We need to be sure where we put our money, no matter how solid the project or exchange looks like, if the founders mismanage people fund, we will be burned if we don't take the necessary measures, imagine those who believe Do kwon's Luna.
When they finish talking advantage of Bitcoin and altcoin all time high, they converted everything to ust to be able to earn free money 20% a year on anchor protocol.
And selll their ust at a loss because they where skeptical of depeg at the beginning and believe too much in Do kwon.
After having sold there ust's they took the remaining money to put in Ftx to loose in November because they where quite gullible.
It's just like profit from a bull run and be ruin by scammer or irresponsible player in the crypto ecosystem. Don't be too believing of anyone in the crypto ecosystem, especially with your hard earned money, tred with caution.
www.binance.com/en/feed/post/1251755