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Babubu609

Ignorance in cryptocurrency is your enemy fight it

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I agree with you.Ignorance  is man's biggest enemy in life. Apart from this, ignorance is also  biggest enemy of Success. So a person should not be ashamed to learn anything at any time. because Life is the name of learning. No one can succeed in any field of life without knowledge.And knowledge cannot come without learning in life. That's why I should always be happy or learn something in life ۔ 

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Yes i really agree with you , we must seek and gather information about crypto because if you did not have enough knowledge about crypto you can't share your thoughts to the fullest in other people..

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Ignorance is a very destructive weapon that alts one's development.

As related to this forum, lets all try to seek more knowledge and also exchange knowledge. 

Read the "About" section of this forum to know more and also abide by the rules and regulations of this forum.

Thank you 😊

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Hottest topic ever seen since I came to the forum, ignorance not only in business but in our social interaction , it harms the mind,it affects our behaviors and it kills our reasoning. We need knowledge from different field to compete in this world internet knowledge,online businesses and crypto knowledge are all needed before even investing. You might be knowledgeable in some other field of endeavors but that doesn’t guarantee you are well in crypto world. We need knowledge to realize our dreams and aspirations, we need it to conquer the world and this knowledge can only be achieved through reading.the higher you read the more wisdom and knowledge you acquired.

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The most dangerous thing in this world is not taking any risk, some people are afraid of taking risks they don't want to make mistakes, if you don't make mistakes you won't learn something new, when bitcoin was brought some years back they ignored it, those who invested in it are super rich now, you shouldn't stay in a circle, try to learn something new.

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Don't  ignore. We have to gather knowledge and information from here crypto if we ignore post we can't learn anything from here. So please Don't ignore its your biggest enemy. Without learning you can't be Successful in your life.             

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On 5/16/2020 at 8:31 AM, Babubu609 said:

Hello friends this was a very cool day that derives my attention over this topic on the keys '' ignorance in cryptocurrency is your enemy fight it'' I agree with this keys to create a topic like this. If we are talking of ignorance it is the same explanation as lack of knowledge. Therefore in this topic I will be discussing about the effect of ignorance/ lack of knowledge to a cryptocurrency users and still refers it to an enemy.

 

Knowledge is everything in life, knowledge is life with out knowledge you are nothing because you know nothing. We need knowledge for having a better life. With knowledge you can find wealth, you can build a house you can be a president you can be a minister in a society or in a community depending on which part of knowledge you contribute in learning. In cryptocurrency we need all knowledge about cryptocurrency that is the big reasons why we are here because if you don't have the knowledge you can't be here, because you don't know what is written instead of understanding and knowing what to write. The forums need members that have knowledge and are still here to share with others that have a little knowledge so that they become something great in future were this forum is creating a good history in the future. Whenever you are ask how have your come to be an expert in cryptocurrency? you will definitely say yes I start with a little knowledge and cryptotalk was the source of it and they make me what I am today. 

 

Here we can understand that ignorance is our biggest enemy, we need to fight it ignorance always lead us to failure and even getting banned in the forum. 

 

ignorance is our biggest enemy let's fight it together!!!!

Hello friend, in all endeavors in life ignorance will always hinder an individual progress and in a forum like this where you are expected to post meaningful article related to crypto currency you really need to constantly update yourself to enhance your productivity

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Ignorance is not only an enemy to cryptocurrency but to one its self.if you are ignorant and not ready to learn, success is completely out of your side .so it's a most you learn how to work 

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Yes, not just in cryptocurrencies but everywhere the ignorance is our biggest enemy. We must fight it or we will be in a great loss. We all must avoid it & learn about the things before trying them.

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Cryptocurrency is cutting-edge enterprise and it includes a lot of new technologies, so in case you don`t have any understanding about crypto it`s not possible to use this technology and earn money here

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I am totally agree with you.  Now a days beginners thinks that they have high knowledge and invest in new coin which lead them to high loss.  I also recommend newbie for best experience and good knowledge before investing. 

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whenever someone loses his money he loses just because of the ignorance and the great when someone tells him that there is a possibility of earning double of your investment within one day so that is abnormal but agreed and ignorance both will make him invest and lose all his money

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On 5/16/2020 at 2:16 AM, Omar Ommeish said:

Yes, fear of everything new is bad for some people. Without risk, we will not be able to earn money and will not be able to experience new things in our lives.

well some times the fear is good and some times it is bad and when you find it abnormal in fear you can see that it is the best thing that you are doing and you will only know about the results in the future after some time.

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You are right we should know about crypto if we become successful 

Don't focus on people what they will say just focus on your work ability and skill 

 

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Absolutely right i strongly agree with your point of ignorance in cryptocurrency i am familiar of this point because i also face this point in trading when i thing and not purchase coin then the price is low rate then i thing that is more down and down but in the next day it will be increases so it is very bad for me to ignorance in crypto

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Yes you are right my dear if we have no more knowledge then we should try best and it is the best activity and otherwise you fail so got knowledge and do it and learn crypto then you got more money.

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Ignorance is a great reason for the lack of development of mankind, and ignorance in cryptocurrencies is a very normal matter because there are people who are ignorant about this issue, and also this ignorance causes a war against knowledge and is an enemy that suffers humanity

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That is really one of the good contents at this forum that I am finding in this forum. And i am agree with you that knowledge is the key of success. It is the first step that help us move to our great achievements. Without knowledge, we can not run a small machine as it requires some knowledge to run the machine. Same in crypto world, we should haven't ignore anything about Cryptocurrency and trading, and learn more about cryptocurrency.

That is really one of the good contents at this forum that I am finding in this forum. And i am agree with you that knowledge is the key of success. It is the first step that help us move to our great achievements. Without knowledge, we can not run a small machine as it requires some knowledge to run the machine. Same in crypto world, we should haven't ignore anything about Cryptocurrency and trading, and learn more about cryptocurrency.


Man is prone to error.

If you see any errors in my post, please correct me.

I will be very grateful to you. 🥰❤️

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Knowledge is everything in life, knowledge is life with out knowledge you are nothing because you know nothing. We need knowledge for having a better life. With knowledge you can find wealth, you can build a house you can be a president you can be a minister in a society or in a community depending on which part of knowledge you contribute in learning. In cryptocurrency we need all knowledge about cryptocurrency that is the big reasons why we are here because if you don't have the knowledge you can't be here, because you don't know what is written instead of understanding and knowing what to write. The forums need members that have knowledge and are still here to share with others that have a little knowledge so that they become something great in future were this forum is creating a good history in the future. Whenever

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I concur with you. Presently numerous individuals enter in crypto world uniquely in exchanging haveing no information on exchanging. Also, they lost their resources in it. I will recommend first develop yourself, find out about it and afterward start.

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Good day mate. I totally agree with what you have said. Ignorance can lead us to failure not only in cryptocurrency but also in other aspects of life. It is a very bad habit and we should try as much as possible to stay away from it because it can lead to our lost. There is nothing wrong in asking for guidance and direction. If you do not understand anything or dont have knowlege about something, you should always try to ask your seniors. Dont go and do something that will make you to regret in the future. Stop been ignorant and start learning.

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You're totally right, knowledge is important in every part of our life and it's important in crypto world too. If we start investing without having knowledge we can lose all of our moneys. That's why before joining crypto world everyones needs to improve their knowledge about crypto so they can adapt faster.

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Ignorance is the first enemy. People thinks these web sites are illegal. Please work on it so that u know about the profits of any site. Work on it to improve your skills and increase your knowledge.

Edited by JohnySins

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You can use the resources of this app to design your home, and you can become the manager. Based on the information you want to bring to the study, you have a medium. You can become a personal or online pastor. Cryptocurrency needs all the information about cryptocurrency. This is the main reason to come here. In this case, no information is impossible, so there is no concept that differs from understanding, comprehension and understanding. What a setup!

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In his traditional speech on Friday, 31 May, Japan's Minister of Finance, Shunichi Suzuki, reiterated that exchange rates should reflect fundamental indicators and that he would respond appropriately to excessive movements.   On Friday, 31 May, a block of important macroeconomic statistics on the state of the Japanese economy was released. The Consumer Price Index (CPI) in Tokyo showed that inflation rose to 2.2% y/y in May. In April, this figure was at 1.8%, matching a 26-month low. Core inflation in Tokyo also rose to 1.9% from 1.6% y/y, and the CPI excluding volatile food and energy prices increased from 1.8% to 2.2% y/y. (It should be noted that inflation in Tokyo is usually higher than the nationwide figures, which are published three weeks later. Therefore, the Tokyo CPI is a preliminary but not final indicator of inflation dynamics at the national level.)   The current rise in inflation could increase confidence in future BoJ monetary policy tightening. However, the fear of low inflation and a sharp yen appreciation deters the BoJ from raising the interest rate and narrowing the gap with other major global currencies' rates. A strong yen would harm national exporters. The decline in industrial production, which fell by -0.1% in April both month-on-month and year-on-year, does not encourage borrowing costs to rise.   The last note of the week for USD/JPY was struck at 157.25. United Overseas Bank (UOB) analysts believe that in the next 1-3 weeks, "the dollar has the potential for growth, but given the weak upward momentum, any advancement is likely to be slow. The 157.50 level might be difficult to overcome, and resistance at 158.00 is unlikely to be reached in the near future."   Speaking of the average forecast of experts, only 20% indicate a southward direction, while the remaining 80% adopt a neutral position and look east. Technical analysis tools show no such doubts or disagreements. Thus, 100% of trend indicators and oscillators on D1 point north, with 15% already in the overbought zone. It should be noted that if the green/north color of the indicators for the euro and the British pound indicates their strengthening, in the case of the yen, it conversely indicates its weakening. Therefore, traders may find it interesting to pay attention to the EUR/JPY and GBP/JPY pairs, whose dynamics have been impressive lately. The nearest support level is in the area of 156.25-156.60, followed by zones and levels at 155.50-155.90, 153.10-153.60, 151.85-152.35, 150.80-151.00, 149.70-150.00, 148.40, 147.30-147.60, 146.50. The nearest resistance is in the 157.40 zone, followed by 157.70-158.00, 158.60, and 160.00-160.20.   No significant events or publications regarding the state of the Japanese economy are expected next week. CRYPTOCURRENCIES: Bullish and Bearish Ethereum Prospects   For the second week, market participants' attention has been focused on the main altcoin. On 23 May, the US Securities and Exchange Commission (SEC) approved 19b-4 applications from eight issuers of spot exchange-traded funds based on Ethereum. (According to JP Morgan experts, this was dictated not by a desire to support digital assets but by a political decision aimed at supporting Joe Biden ahead of the US presidential elections.) Whatever the true reason for this regulatory move, everyone is now interested in where Ethereum prices will go. The newborn ETH-ETFs can only start trading after the SEC approves the S-1 applications. According to Bloomberg analyst James Seyffart, this could take "weeks or months," although it is very likely to happen in mid-June. According to DeFiance Capital CEO Arthur Cheong, Ethereum's price could rise to $4,500 even before trading begins. CCData analysts believe that within 100 days of the launch of ETH-ETFs, the price could reach $5,000 per coin. This forecast is based on linear regression and the price statistics of bitcoin after the launch of spot BTC-ETFs. CCData's analysis assumes that inflows into similar Ethereum funds will be at least 50% of inflows into Bitcoin-ETFs, which means about $3.9 billion over a 100-day period.   Popular analyst Lark Davis has forecasted future growth for bitcoin to $150,000 and Ethereum to $15,000, explaining such a sharp price increase by the emerging market dynamics. The main reason for growth, Davis also cites spot BTC-ETFs, to which ETH-ETFs will now join. This will further fuel the cryptocurrency market's enthusiasm. Currently, spot BTC-ETFs hold 1,002,343 coins (≈ $68 billion), which is about 5% of the circulating supply of the flagship asset. Davis believes this impressive figure clearly indicates growing recognition of cryptocurrency and interest from institutional investors, especially from the US.   Strike CEO Jack Mallers predicts that during the ongoing bull rally, bitcoin could reach $250,000 and possibly rise in price to $1 million. On a podcast with Pomp Investments founder Anthony Pompliano, Mallers explained his bold forecast by stating that bitcoin is still at an early stage of development. According to him, the bond market is currently facing problems, so central banks may inject a significant amount of liquidity into the financial system to stabilize it. This liquidity influx will trigger an increase in the value of risky assets, including the leading cryptocurrency.   Jack Mallers disagrees with the notion that bitcoin is a bubble or a tool for speculation. The asset is becoming increasingly popular among financial giants on Wall Street, and its limited supply of 21 million coins makes BTC highly resistant to inflation, unlike fiat currencies and gold. "Bitcoin can be called the hardest form of money – thanks to the fixed issuance schedule and halvings every four years. The release rate of new coins gradually decreases, thereby increasing bitcoin's long-term value," argued the Strike CEO.   Analysts from financial investment company Motley Fool also target a six-figure number. They suggested that bitcoin's rate could rise to $400,000 and possibly even reach $1 million. The reason, which has been mentioned many times, is the influx of money from institutional investors through spot ETFs. Motley Fool analysts noted that more and more pension funds and hedge funds, managing multi-billion dollar sums, are entering the bitcoin market. Thanks to cryptocurrency ETFs, they can easily include bitcoin (and soon Ethereum) in their investment portfolios.   According to analysts, around 700 investment companies have already invested in such funds. Nevertheless, the share of institutional investors in bitcoin-ETFs is currently only about 10% of the total. Motley Fool estimates that if financial institutions invest about 5% of their assets in bitcoin, the market capitalization of the first cryptocurrency could exceed $7 trillion, which explains its forecasted rate of $400,000.   Considerably less optimism was heard in the forecast of Bloomberg senior analyst Mike McGlone. According to him, bitcoin's volatility leaves it trailing gold and the US dollar in investment appeal. Furthermore, he believes that stocks will soon crash amid the expected recession, but BTC will suffer even more than the stock market. McGlone emphasized that the Tether (USDT) stablecoin, pegged to the US dollar, typically trades twice as much per day as bitcoin. "I can access the US dollar anywhere in the world from my phone using Tether. Tether is the number one trading token. It's the number one cryptocurrency for trading. It's the dollar. The whole world has moved to the dollar. Why? Because it's the least bad of all fiat currencies," the Bloomberg expert stated.   While Mike McGlone merely downgraded bitcoin's attractiveness, Cardano founder Charles Hoskinson simply buried it. He equated bitcoin to a religion and stated that the industry has outgrown its dependence on it. According to Hoskinson, "the industry no longer needs bitcoin to survive." He pointed out critical threats to the leading cryptocurrency, including insufficient adaptability and dependence on the Proof-of-Work algorithm. Franklin Templeton analysts, on the contrary, consider L2 protocols, along with Ordinals, Runes, and DeFi primitives, as one of the main drivers of bitcoin's innovation revival. Strike CEO Jack Mallers defended the first cryptocurrency. According to him, the Lightning Network, created for instant and cheap transactions, a second-layer solution based on the BTC blockchain, can further increase the demand for the first cryptocurrency. Mallers believes that thanks to this, bitcoin can be used for everyday purchases, such as paying for a cup of coffee. Former BitMEX CEO Arthur Hayes called the native token of the Cardano blockchain (ADA) "dog shit" due to its low use in protocols.   As of the time of writing this review on the evening of Friday, 31 May, ADA is trading at 0.45 USD per coin, while bitcoin and Ethereum are faring significantly better: BTC/USD is trading at $67,600, and ETH/USD at $3,790. The total cryptocurrency market capitalization is $2.53 trillion ($2.55 trillion a week ago). The Bitcoin Fear & Greed Index remained almost unchanged over 7 days, staying in the Greed zone at 73 points (74 a week ago).   It should be noted that ETH/USD failed to break through the $4,000 resistance this past week. The local maximum was recorded on Monday, 27 May, at $3,974. The lack of an immediate pump is explained by the fact that everyone who wanted to buy Ethereum in anticipation of the SEC's historic decision already did so. Meanwhile, according to some analysts, there is a high probability that immediately after the launch of the long-awaited spot exchange funds, Ethereum will enter a deep drawdown, similar to what happened in January with bitcoin. Then, over 12 days, it fell by 21%.   One of the key reasons for BTC's drawdown at that time was the unlocking of GBTC fund assets from Grayscale, which was converted into a spot fund from a trust. It began losing investments daily at a rate of $500 million. It is possible that something similar could happen with Ethereum, where Grayscale's ETHE fund holds $11 billion worth of ETH. As soon as this fund is converted into a spot fund and its assets are unlocked, short-term investors might start taking profits, potentially causing ETH/USD to fall to the strong support zone of $2,900-3,200. Pessimists among bearish factors also cite the uncertain legal status of the altcoin, as the SEC has not yet clearly defined whether ETH is a commodity or a security. Additionally, the regulator has many complaints about the staking program.   Staking is a way to earn cryptocurrency by "locking" a certain amount of coins in a wallet on the Proof of Stake (PoS) algorithm to support the network. In return, the user receives rewards in the form of additional coins. According to Wall Street legend Peter Brandt, "the biggest disasters in the cryptocurrency sphere that are yet to happen will be related to staking." The expert noted that such assets as Ethereum are often rented out to earn such income, often in the form of interest, which strongly reminds him of collapsed financial pyramids. As staking becomes more widespread, Brandt warned, it could attract increased attention from central banks, treasuries, and other authorities. This could lead to tighter regulation, significantly altering the crypto space and potentially resulting in the cessation of staking and bankruptcies for those involved. NordFX Analytical Group   Notice: These materials are not investment recommendations or guidelines for working in financial markets and are intended for informational purposes only. Trading in financial markets is risky and can result in a complete loss of deposited funds.   #eurusd #gbpusd #usdjpy #btcusd #ethusd #ltcusd #xrpusd #forex #forex_example #signals #cryptocurrencies #bitcoin #stock_market   https://nordfx.com/ 
    • Даа, кроме нас на форуме остались рекламщики обменников и все). А у вас было монета not, он очень хорошо вырос. Надо было покупать сразу после листинга. Даа, упускаем моменты). Биткоин продолжает коррекцию делать, а я купил какие то щитки и вынужден ждать. 
    • Крупный банкир получил тюремный срок за криптомошенничество   Бывший инвестиционный банкир Рашон Рассел приговорён к 41 месяцу тюремного заключения за мошенничество с использованием цифровых активов. В результате расследования правоохранительные органы США выяснили, что обвиняемый начал опробовать свою мошенническую схему на друзьях, бывших одноклассниках и коллегах по работе в криптофонде R3 в ноябре 2020 года. Рассел обещал им гарантированную доходность инвестиций от 25% до 100%. Чтобы его слова были ещё убедительнее, он пустил в ход свой опыт инвестиционного банкира и сфабрикованные документы (поддельные счета, переводы). Сначала он использовал часть полученных обманным путём средств для выплаты долгов более ранним инвесторам. Остальные деньги Рассел тратил на азартные игры и поддержание роскошного образа жизни. Такая мошенническая схема работала до августа 2022 года. В апреле 2023 года Рашона Рассела арестовали, а в сентябре он признал свою вину. Тогда же выяснилось, что Рассел незаконно приобрёл около 100 кредитных и дебетовых банковских карт на имена других людей. По мнению следователей, он планировал использовать карты для проведения транзакций с полученными незаконным способом деньгами. Минюст США подсчитал, что потери инвесторов от мошеннической схемы Рассела составили $1,5 млн. Именно эту сумму подсудимый должен выплатить своим жертвам в качестве компенсации. Источник - https://ru.investing.com/news/cryptocurrency-news/article-2428894
    • CryptoRank поделился списком крупнейших разлоков июня.        Будьте осторожны в отмеченные дни, ведь увеличение предложения может вызвать давление со стороны продавцов. ARB — $105.21 млн;APT — $103.03 млн;UNI — $87.93 млн;STRK — $75.67 млн;DYDX — $66.3 млн;SEI — $63.81 млн;ID — $55.82 млн;IMX — $54.96 млн;MERL — $42.21 млн;ENS — $36.65 млн.  
    • 🚀Join $20 000 000 Cryptodrop 🚀Collect points to get BFG rewards 🚀To the Moooon!    If you are interested, click here 👇
    • В Татарстане построят майнинговую ферму стоимостью $100 млн   В Иннополисе, городе высоких технологий в Республике Татарстан, реализуют майнинговый проект стоимостью $100 млн. Об этом на криптофоруме в Казани сообщил заместитель премьер-министра Татарстана Роман Шайхутдинов и заместитель министра цифрового развития, связи и массовых коммуникаций РФ Александр Шойтов.     В 2023 году Россия поднялась на второе место по майнингу криптовалют. По оценке экспертов, в майнинге может быть использовано до 5 гигаватт электрической мощности, что позволит стране занять лидирующие позиции в отрасли, — сказал Александр Шойтов.   В середине февраля компания по добыче биткоинов BitRiver также обнародовала планы по запуску крупнейшего в России дата-центра, ориентированного на искусственный интеллект.   В РФ пока нет чётких правил по контролю майнинга. В конце апреля российские законодатели представили новую версию законопроекта, направленного на регулирования рынка добычи криптовалют. По словам одного из его авторов, правила могут вступить в силу уже в сентябре этого года.
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