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WHITE HOUSE: TRUMP WANTS TO SEE DOLLAR REMAIN AS WORLD'S RESERVE CURRENCY insane we're at the point where this even needs to be said lol
DOLLAR COST AVERAGING, A very smart investing technique over the long run.
you have a chance to get to 10 million dude what are you doing? if you're lucky you could get to 21 million... do you have any idea how rare and difficult in the future it's going to be to say you have 21 million sats? get to 0.10 asap, start measuring SATS WHAT THE FUCK IS A DOLLAR
The economy was in a bubble since the 40's ...the commercial real estate and housing markets are trash AUTO MARKET TRASH... swindlers and thieves have been selling out the American people since the creation of the FED.. TAKE THE DOLLAR OFF OF GOLD.. Blockchain adoption will help correct the manipulation of fiat currency while giving the overlords a new toy to manipulate. expect volatility as the old system is done away with and the new system goes online one piece at a time... Crypto is quite literally a digital prison ESPECIALLY WITH STABLECOINS.. I'm just glad to be a part of the early stages and blessed to be given the opportunity to make money... Right now is quite literally the easiest time to make money.. any of the top crypto at a discount and wait... I THINK BLAMING TRUMP FOR SOME SHORT TERM DISCOUNTS IS HYPOCRISY AT ITS FINEST BECAUSE WHEN BLOCKCHAIN GOES PARABOLIC AND ADOPTED INTO THE FEDERAL GOVERNMENT.. NO ONE WILL GOVE HIM CREDIT AND PROBABLY FIND SOMETHING MEANINGLESS TO BITCH ABOUT ..
Just making ordinary executive orders, and running the world's most powerful country. The stuff he is doing is not popular, but he wants to save the US dollar. He doesn't give two fucking pennies about crypto. Let me make that clear. The only fucking COIN he cares about is the one with ONE DOLLAR written on it. Did you get it now?
Risk management is key. You are a family man, you should start things slow. Here's a couple of steps you could follow, but please whatever you do don't blindly listen to strangers like myself. Do your own research first If I were starting out again I'd follow those steps: 1. Open an account in a reputable exchange, binance, coinbase, [crypto.com](http://crypto.com) and the likes 2. Set a budget, something that you are comfortable "losing" let's say something like 10% of your annual income 3. Pick coins that you believe in. I suggest to stick with the top 10 coins and especially BTC 4. DOLLAR COST AVERAGE. Buy daily, weekly, bi weekly, monthly, whatever you feel like. You can have this process automated it's very easy 5. For extra security, you can buy on an exchange and then move your coins into a wallet, even go as far as getting a cold wallet (physical) This is a very safe approach, by buying on a preset time frame rather than watching the price action and reading charts, you are trying to overcome the volatilty of the market. It's not as profitable as day trading, but in my opinion, it's the wisest play. Hope this helps, good luck.
i’ve got it! ADC! AVERAGE DOLLAR COST!
Let's see. 1. Pick a nation. 2. Find out how much money that nation has issued. This is harder than you'd think, since money comes in so many forms. It's not just paper and coin, but also reserves, deposits in demand accounts, savings accounts, money market funds, institutional accounts, etc. Research "money supply measures" and learn about the definitions of "narrow money", "broad money", M0, M1, M2, etc. 3. Decide what the nation's risk tolerance should be for moneyholders demanding redemption of their money in gold. Does the money need to be backed 1:1 with stockpiles of gold in its depositories equal to EVERY LAST DOLLAR in circulation in order to maintain the public's confidence? Or is it okay to have a lower reserve requirement--say, 50%, or 25%, or 10%--if the government believes moneyholders, collectively, will NEVER demand that the government redeem more than that amount. (If they did, the remaining money in circulation would immediately be recognized as worthless, because who would trust gold-backed money once it had been proven that the gold had run out?) 4. Multiply the amount of money in circulation by the reserve % you believe is necessary to maintain confidence in the nation's money. 5. Divide that amount by the current price of gold. 6. Acquire that much gold ... somehow? If possible, do it quietly, or you'll likely send the price of gold sky high, making it that much harder to secure your gold reserve.
Here what you do, take 5k spread it around. Over the next year, take the other 5 k use it for DCA ( DOLLAR COST AVERAGING ) That way your in, mailing money if the time comes, but if the prices go down, buy at lower prices (DCA) By the way, I've only been in crypto for like 2 months. Lots of ppl give me shit saying " but you've only been united this month or two hahaha ) Yea, I did lots of research, I go full crazy when I'm interested in something. I don't see anyone mentioning that in this post, but that's exactly what you want to do
Ahh yes thank you, I think in Euro, so DOLLAR didn’t cross my mind
No the DOLLAR is dying. Fiat is going nowhere because it works for governments.
Your rationale is so stupid. You GAIN $150.000. Those dollars are worth 37.9% less than 5 years ago, but with capital gain taxes you pay taxes on THE DOLLAR AMOUNT. So if you pay 20% tax, you are paying $30k, which is also worth (according to your logic) a bit less than $20k 5 years ago. So from that perspective, you are still paying a 20% on your net ~$97k gains. It's not that difficult.
Turns out the only actually useful use of crypo is for loser scammers and pyramid scheme abusers need. You "old school" people might think amazingly of your high ideals about the potential of crypo, but you were told you were wrong then, and you are being proven to be wrong now. When someone blames someone else for participating in the monsters and problems caused by say, the US DOLLAR, it's reasonable to understand that there are good reasons for government money to exist, it has a reasonable history behind it, and no one is actively choosing the dollar dominated world we have today - its just there, part of our world, everywhere. No one forced poeple to embrace crypto. No one forced people to talk nonsotp about how amazing this "technology" is. Lots of people told you guys it was fucking stupid and just entirely run by greater fool theory and ponzi schemes. YOU ignored the warnings, and YOU kept this shit going, entirely on your own free will and choice with your spare time. And now we have the compete garbage infesting this world that is crypto and blockchain bullshit. You only have yourselves to blame. I expect the vultures to be losers and do their thing whenever they get a chance. Like you said, they got money, got girls, whatever. They don't care they are losers, they got that shit instead. I can at least understand that, even if I also think its fucking stupid. I don't expect them to feel bad about how they act because they know they are evil and they are ok with it already. But you guys built them the home to live in because of your dumbass delusions about crypto. It never had a use case, it still doesn't have a use case. It's entirely ponzi scheme and greater fool theory bullshit. I'm glad OP can personally recognize that the current shit going on with this is obviously wrong and not ok. I'm not so sure that OP recognizes that none of this shit comes to pass without completely deluded morons jerking themselves off for years about the most obvious endgame of the most obvious ponzi scheme bullshit. I'm pretty convinced that most crypto fans who aren't ok with how things turned out actually think history could have been different, and thier head-cannon crypto utopia could still exist somehow. The fact is, top voted replay on this post is saying the same thing. "current situation sucks, but crypto still good, im not evil like those other guys" bitch you created the biggest safe space for evil scammers possible, and you still think the problem is somehow not you (someone who should know better).
NOW ELON WANTS ALL US TRANSACTIONS TO BE PUBLIC KNOWLEDGE? LIKE THE US ENEMIES CAN JUST GO TO A WEBSITE AND SEE EVERY SINGLE DOLLAR THE TREASURY IS SPENDING? Holy fucking god dude.
> 100 DOLLAR RIPPLE...Here’s all my research on the 2025 implementation...the global banking system for cross boarder payments and hundreds of Countries are already signed up..Xrp is already further then people think https://np.reddit.com/r/XRP/comments/1i8dalu/enlighten_me_with_this_xrp_talk/m8tuenb/ XRP got to -20% from 2018 ATHs and people have lost brain cells again.
Sorry, you just lost ONE DOLLAR AND TWENTYSIX CENTS
Yea dude I’m not saying no bitcoin I’m simply saying there’s a huge privacy breach when choosing to make a transaction w bitcoin WITH any crypto currency for that matter compared to a DOLLAR physical exchange like at a barber shop if I connected to their WiFi while I had to wait and I sent him btc whilst being connected to barber ip is on blockchain of millions of users and who knows they connect to cameras in barbershop
Anarchy going to have a price of 5-10 DOLLAR
YEAH MAN A DOLLAR IS 430M Mc! WE DID 280M MC with Kendu SAME BUNCH OF CRAZY MOFOS RUNNING IT UP
There’s a difference between a person of power knowing it, and a person of power publicly saying it on a public media platform for everyone to hear. Optics have changed. Fed needs to adjust their stance for optics. His goal is to protect the US DOLLAR and its global reserve currency status. So as BTC grows, it is very important that he sets a vocal precedent on record saying that it is not a competitor to the USD.
Well, they're still SHORTING.. the DOLLAR.
XRP's price, Breaks 1 DOLLAR and still going up, despite Gensler's still in office , Rlusd's delayed launch, and Trump not yet in the White House.
XRP's price, Breaks 1 DOLLAR and still going up, despite Gensler's still in office , Rlusd's delayed launch, and Trump not yet in the White House.
1- BTC 2- BILLION DOLLAR CAT (Runes). This is one of the top meme coins on Bitcoin. Yes Bitcoin has its own meme coins now. The logo is the Bitcoin logo sideways made to look like a cat. I’ve been in the telegram group since it minted out and the guys behind it are top notch. It was a fair mint with no premine. Completely organic run up to 100M mc. Over 12,000 holders now. Trading runes has been difficult since it’s so new but improvements are being made daily now, mostly on MagicEden. Of all the top runes $BDC is the only one that wasn’t already a BRC-20 token. This is my biggest position and when more liquidity comes to Runes, I expect all of the top Runes to explode. 3- FWOG on Solana. Take a look at the graph, it exits the top of your screen. Take a look at the art, it’s incredible and unique. The community is basically a cult and it’s growing non stop. The meme is that “it’s just a FWOG” but it’s so much more. I expect it to go to multi billions this cycle. It’s currently around 650M mc. With Runes being so new, I’m happy to answer any questions about it. With trillions of dollars on Bitcoin’s layer 1 it’s hard to say just how high they can all go. The potential is scary.
\> So what's your strategy for managing your wealth? Firstly, im no financial advisor, so I cannot actually advise you, but for me its all about understanding what bitcoin is as the FIRST STEP. Once you understand what Bitcoin is (this takes a while, trust me), you need to understand what the US DOLLAR is as the SECOND STEP. I know this sound rudimentary, but I guarantee you that you, myself, and most people get this wrong on the first time around. Once you understand that Bitcoin IS money, and the US dollar is NOT money (its a currency, yes there's a big difference, watch clip #4), then you realize that bitcoin will always appreciate against the dollar. It appreciates for 2 main reasons... 1) because bitcoin is at the beginning of its adoption curve, and it will take years for full adoption. All during this adoption period, it will go up in value without even considering the 2nd point. 2) Bitcoin is a true store of value, it is 100% finite. Because of this, it cannot be devalued by printing more (which is how it happens with the US dollar - again watch clip #4 for context). Gold has been humanity's go to "Money" for thousands of years, but it still has a leak in value, because its supply isn't finite. More gold can be mined, but it is rare. So with these concepts in mind, you start to grasp that Bitcoin preserves long term wealth and the dollar doesn't (its lost 98% of its buying power since 1971), which gives you anxiety about getting out of the dollar and into bitcoin. The inflation spikes that we feel at the pump and in the grocery store is from money printing. Every time you feel the sting of prices increasing, you have to remember its the value of your dollar decreasing and buying less goods. Bitcoin, though its volatile in its early years still, will hold its long term value. No one has lost money holding Bitcoin through any 4 year cycle in its history. All of my wealth that I hold for long term is in Bitcoin, anything not in bitcoin is either for immediate use to live on, or if I am actively doing something to increase my wealth (business building, short term capital gains etc) \> I feel dumping a few grand into Bitcoin today would be an impulse move even if it's only 2% of my wealth. But if the idea is to hold it then what does it matter about timing the market. I think your current mindset is that you want to put a few grand into Bitcoin to make some money. However you need to correct the way you are thinking about this. Bitcoin IS perfectly engineered money, and you want to both hold it for its value increasing due to it spreading across the world, but also to protect your value from decreasing holding the US dollar. So if you approach it with this mindset, you will understand that putting 2% of your net-worth into bitcoin is only protecting 2% of your wealth from losing value. I leave it to you to act accordingly. The usual safe way of acquiring any asset is Dollar Cost Averaging (DCA), which you can do to be the safest. Alternatively you can do larger purchases if you feel that Bitcoin's price is really moving. This is called "Weighted DCA", where you put more weight into your purchases while the heavy price movement is going up to make sure you aren't missing gains. Bitcoin is mathematically sound money, and is expected to go into the millions in the coming years, so keep that in mind when squabbling over what price points to buy it at in the current market conditions. \> I always just defaulted to the target date funds through retirement. Long story short, I feel like I need Bitcoin exposure but I can't decide how to go about it If you are looking for safety, we've been conditioned to trust the US dollar, but I can promise you, it is one of the most unsafe things for you to hold. ALL DOLLAR DELIMITED INVESTMENTS SUFFER THE SAME PROBLEM, THEY ARE ALL BASED IN THE US DOLLAR SYSTEM, AND ARE ALL SUBJECT TO THE SAME VALUE LOSS DUE TO INFLATION. So yes, you do need Bitcoin, but more than exposure, you just need to hold the asset itself to insulate yourself from the falling knife of the US dollar inflation. Going about it is quite simple. Signup for your centralized exchange of your choice, generally thats Coinbase for Americans, Binance for most other countries, make an account and fund it with your dollars, then buy bitcoin. The best practice as I mentioned above is regular buys to "Average" your acquisition price for the best result. In this environment where things are heating up, feel free to buy more at a faster pace if that suits you. Its very important to understand that any BTC you purchase, expect to use it as your savings for the money you use over a long period of time. Selling BTC to hold dollars again at first seems logical, but when you apply what you've learned, you realize that not holding dollars is the goal here, and bitcoin is your safety net. As for how to use the value of your bitcoin, plan to hold it long enough to take advantage of the "Borrow against your bitcoin" strategy down the road, as this will be ideally how you hold on to bitcoin forever while still enjoying the fruit of your gains. \> every time I see one of these runs like the past few days, I feel like it's too late Its never too late to own bitcoin, but at somepoint in the future it will be too late to profit from it. You are still earlier than most of the world, and thats all you need to make a profit. You won't make the millions or hundreds of millions that people made who got bitcoin at $100, but you will do well for yourself when bitcoin reaches the expected value ranges of $500K, $1M, and beyond over the coming years. As long as the US dollar keeps being printed, it will always fall against Bitcoin.
Ultimate shitcoin and that’s why @DollarLnSolana is taking $DOLLAR TO A DOLLAR! The original meme coin based on the ultimate meme…the US Dollar - a piece of paper with no intrinsic value. Our $DOLLAR yes more than just a meme. It’s a celebration of how absurd money has become. Our mission is simple: ratio the $DOLLAR
Bitcoin is higher volatility, but over longer periods of time such as “*generations*”, Bitcoin is arguably less *risk*. US Stock market generally keeps up with monetary debasement of the US DOLLAR, but if I were holding an asset for generations, I’d choose Bitcoin.
I think doge is like Elon’s plan if the US economy really does plummet to nothing. I think if we started seeing huge declines in the DOLLAR we would see huge climbs in Doge and the day the dollar is dead dead and we make the transition to a crypto based economy, the sell wall will happen and people like Elon and the original investors will still be some of the richest people alive post-recession. Also just a side note to elons weird ways - spell doge backwards
The IS DOLLAR currency just shot up from 101.8 to 102.6 The dollar has been generally inversely correlated with prices of crypto assets – in periods of dollar strength, crypto prices have generally declined.
1 BILLION AND ONE DOLLAR :smirk:
Totally wrong info wtf did get that info from the petrol Dollar as it is known is heading for a big crash the Saudis don't want a US DOLLAR backed by their barrels of oil
learn about Bull Markets and Bear Markets. Learn about DCA-DOLLAR COST AVERAGE. Bitcoin is only going to go up, With Bitcoin, don't stress about volatility, one day you're up 10k, the next day you're down 12k-just a wild but realistic example. If you're going to invest in bitcoin, ensure it is for the long term, that would be my best advice. Back to dollar cost average, you can set up recurring purchases daily, weekly or however you would like. DCA works great for an investment that you KNOW will do will long term. JUST do some research. Bitcoin is worth your time....knowledge is power! best of luck!
The dollar is no longer backed by gold, it’s backed by treasuries (THE DOLLAR IS BACKED BY DEBT ITS ALL DEBT HOW DO YOU NOT KNOW THIS BY NOW) The major banks are a financial cartel and they created the federal reserve in 1913 (along with taxes). You need a Social slave… I mean security number to play in their game. Example: owing wall st 300k mortgage (you owe them) while they play with your 500k retirement account (their money they owe you) in the “market”. Where both are at risk and you are their puppet, they have the control, and profit on both sides. Bitcoin is outside of the fake financial matrix. It’s not owned by the cartel. That’s your hedge.
The “market” is platformed and funded by the banking system. The dollar is no longer backed by gold, it’s backed by treasuries (THE DOLLAR IS BACKED BH DEBT ITS ALL DEBT HOW DO YOU NOT KNOW THIS) The numbers you see on a screen are loose representations of what people think a business is worth. The major banks are a financial cartel and they created the federal reserve in 1913 (along with taxes). You need a Social slave… I mean security number to play in their game. Example: owing wall st 300k mortgage while they play with your 500k retirement account in the “market”. Where both are at risk and you are their puppet the profit on both sides. Bitcoin is outside of the fake financial matrix. It’s not owned by the cartel.
US DOLLAR still has lots of people by the balls...old habits die hard....just ask Moses when walking through the desert with the people he freed