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Teaching cryptocurrency to others.

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For example, if you ask about Bitcoin and about the features of Bitcoin, you will have information on how it trades, how the blockchain works, etc.
Knowing the pros and cons of using a cryptocurrency is also somewhat helpful.
In addition to introducing some platforms and currencies that have a future, and projects such as tomo ltc btc ethr

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Crypto currencies is one of the most important financial revolution of the world, we should endeavor to teach these currencies to people we know, as these will increase crypto awareness and bring crypto more closer to the people 

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Yes as we all know we are brothers So we need too help each other  spacial beginnings some of them Dont know about the rules of forum 

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Well, teaching is not always easy, and teaching about cryptocurrencies is even more difficult, because in addition to teaching, you will have to show that it is legitimate and that it is reliable. Everything takes effort and patience, but I know that if the person understands and learns from what we are going to explain, it will be worth teaching.
I think it's important to be patient and go slow, show everything that is possible for a person to lose their fear and see that cryptocurrency is a good thing, and not a bubble as many people have been saying.

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Hi, mate yes i want to add in it. I think you should tell to your friend that, What is the advantage of cryptocurrency? I think when you tell your friend the advantages of this forum, your friend also attracts. Tell him that by using this forum we improve our english. We improve our talking skills. We will experienced that how to improve ourselves even we entering the field with no knowledge. Thanks.

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I am completely new here and I have a lot to learn. There is a lot to learn step by step in cryptocurrency.  How to create a good content post and how to get a good reputation. So I seek the cooperation of all senior members.

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As a tip for you, it is best not to waste time creating these posts. Because it is already in the forum, I am told this because any recurring post in the forum is deleted. It is not necessary for the most important publications, but you may find that one of the sites is not important contains useful information. It is better to master the matter also in case you want to write on these questions. Because it really has a large number of posts that you're talking about.

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Учитесь, учитесь и учитесь на своих ошибках :classic_smile:

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The fact is difficult to explain to work to encrypt for others because there are many terms and vocabulary to be learned in this area as there are many areas of work and can not be learned all

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Well you can include the following points, and make your lesson plan got into more depth of the topic;

 

5. Why are bitcoins so popular?

6. Which countries are adopting bitcoins, and why these countries are interested in bitcoins?

7. Can Bitcoin be purchased with fiat currencies?

8. Bitcoin and its application for online purchasing.

9. Can bitcoin replace the use of fiat currencies?

10. Is bitcoin a complete risk or an opportunity to make profit?

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It is very difficult to convince others who have no idea about cryptocurrencies to start working in this field, I have been trying this, but I found that working silently is better for me right now and when I make big profits I can teach it to others

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                                                    BetFury                                                   

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                                                  Free BTC 1 800 Satoshi every day                                                 

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Yes I am teaching about crypto currencies to my friends and to my family members. I belongs to rural area people of area don't know any thing about the crypto currencies. So that's why I am teaching them about the crypto currencies and about cryptotalk forum. I convincing them to join this forum to earn and learn more about crypto. 

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Cryptocurrency is a great platform. You can earn money by learning cryptocurrency.  I heard about crypto from my older brother.  Then I started working. I am new to this platform.  I hope that with your help I will be able to learn crypto work in a better way.  Thank you.

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Yes, teaching someone about cryptocurrency is not so easy because it requires patience that you are trying to be patient with that person as they may also encourage some questions, so you need to be motivated enough and the questions you have mentioned in your questions are vital and  Should.

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Well it is a good thing to plan before sharing knowledge or teaching. Thats what we do . We should do research before taking any step. If you know trading, gradually add this in your plan too. Cryptocurrency is all abouy trading. It is the most important way to earn money from crypto. So good luck with your lessons mate.

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 It is a good idea and  thanks for sharing this information . As a tip for you it is best not to waste time creating these posts .I am told this because any recurring post in the forum is deleted . You can teach members about how to invest and trade .

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The best way to understand anything very well is by teaching it to others. Those that have very solid understanding of crypto currencies got it from teaching it to others. So you can also start to teach someone that you feel need to understand crypto so that your own understanding would be better too.

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It is a good idea my friend. Teaching about the cryptocurrencies or cryptotalk means that it is one of the best platform. You can ask who introduced cryptotalk? Who is the founder of bitcoin? 

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Teaching cryptos to others is the greatest thing to cryptos community, we found joy and happiness discussing about cryptos because we love it. You could add to your topic how to trade or invest in cryptos, how to choose good exchange and also recommend Yobit as one of the best exchange to earn money with many great features like investbox, dice, trading, vminex, robotrade, cryptotalk etc. I believe these would give them more interest and invest to make money. Also don't forget to add some of the rules of cryptos which are patience and greed etc.

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Cryptocurrencies if having to tell a newbie about I can start by saying Cryptocurrencies come as a intermediate of having to BRIDGE a platform of security and fast transaction over the internet, as we know of xrp which is a well known coin on its transaction speed

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Yes, it is okay. There are many people who need to earn money. I love to help everyone and I will try hard to teach my friends in every step.

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This is great you can start little at least you will enlighten them more about crypto currency but crypto currency is a wider field that will take a lot of time before  you can reap the know inside of it but you can still teach the basic introduction and the benefit of crypto currency over Fiat currency and others but you have to make more research about it so that you can teach it perfectly. 

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Hi. You can teach her how to trade on the yobit platform, how to deposit and withdraw on the platform, and about the mistakes she made so that she does not repeat it. You can also create a plan for her to work with and tell her the value of each coin has a horizon and a profit. Hope this comment helps you.

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In my opinion, the most important thing that you should know is how to earn Bitcoin .. Explain to her how you can mine and how you can trade .. These points are more important than the history of cryptocurrencies .. History is only in order to form a general idea, but do not put all your focus on it In order not to lose its relevance

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Regarding the forecast for the near term, as of the evening of 10 May, it is maximally neutral: 50% expect dollar strengthening, and 50% expect its weakening. Trend indicators on D1 are equally divided: half are on the side of the reds, and half are on the side of the greens. Among oscillators, only 10% voted for the reds, another 10% remained neutral, and 80% voted for the greens (although a quarter of them are already signalling overbought conditions). The nearest support for the pair is located in the 1.0710-1.0725 zone, followed by 1.0650, 1.0600-1.0620, 1.0560, 1.0495-1.0515, 1.0450, 1.0375, 1.0255, 1.0130, and 1.0000. Resistance zones are in the regions of 1.0795-1.0810, 1.0865, 1.0895-1.0925, 1.0965-1.0980, 1.1015, 1.1050, and 1.1100-1.1140.   In the coming week, on Tuesday, 14 May, consumer inflation data (CPI) in Germany and the Producer Price Index (PPI) in the US will be released. Also scheduled for this day is a speech by Fed Chair Jerome Powell. The next day, Wednesday, 15 May, important indicators such as Consumer Price Index (CPI) and retail sales volumes in the United States will be published. On Thursday, 16 May, the traditional number of initial jobless claims in the US will be announced. And at the very end of the working week, on Friday, 17 May, we will learn the Eurozone CPI as a whole, which may influence the ECB's decision regarding the euro interest rate.   GBP/USD: Pound Remains Under Pressure but Holds On   At its meeting on Thursday, 9 May, the Bank of England’s (BoE) Monetary Policy Committee maintained the interest rate at 5.25%, the highest in 16 years. Economists polled by Reuters mostly expected borrowing costs to remain unchanged, with a committee vote ratio of 8 to 1. However, the vote was 7 to 2. During discussions, two committee members supported a rate cut to 5.0%, which market participants interpreted as a step towards the beginning of a policy easing cycle.   At the post-meeting press conference, BoE Governor Andrew Bailey expressed optimism, stating that the UK economy is moving in the right direction. Bailey also noted that “a rate cut next month is quite possible,” but he intends to wait for data on inflation, activity, and the labour market before making a decision. Chief Economist Huw Pill, although he joined the majority in voting to keep the rate unchanged, also expressed growing confidence that the time for a reduction is approaching. He added that “focusing only on the next Bank of England meeting [20 June] is somewhat unreasonable” and that “medium-term inflation forecasts do not necessarily signal rate movements at the next or subsequent meetings.”   Overall, the movement of the GBP/USD pair last week resembled that of the EUR/USD pair. The chart shows a distinct surge on Thursday, 9 May, triggered by data indicating a cooling US labour market. The pound was also supported by optimistic GDP data for the UK for Q1 2024 and manufacturing sector data for March. GDP (quarter-on-quarter) rose by +0.6% after a decline of -0.3% in the previous quarter (forecast +0.4%). Additionally, the GDP grew by +0.2% year-on-year, recovering from a fall of -0.2%.   As with the euro, the pound is under pressure from the prospect of earlier monetary policy easing by the BoE compared to the Fed. However, the British currency ended the past week above the key 1.2500 level, at 1.2523. Moreover, 65% of analysts expect the pair not only to hold above this horizon but also to continue its growth. The remaining 35% voted for the pair's movement south. As for technical analysis, trend indicators on D1 are split 50-50. Among oscillators, only 10% recommend selling, 40% took a neutral position, and 50% recommend buying (10% of them signal overbought conditions). If the pair rises, it will encounter resistance at levels 1.2575-1.2610, 1.2695-1.2710, 1.2755-1.2775, 1.2800-1.2820, and 1.2885-1.2900. In case of a fall, it will face support levels and zones at 1.2490-1.2500, 1.2450, 1.2400-1.2410, 1.2300-1.2330, 1.2185-1.2210, and 1.2070-1.2110, 1.2035. The upcoming week's calendar highlights Tuesday, 14 May, when data from the UK labour market will be released. Also of interest is the Inflation Report hearing scheduled for Wednesday, 15 May.   USD/JPY: $50 Billion Interventions Wasted?   It seems that until the Bank of Japan (BoJ) takes confident and clear steps to tighten its monetary policy, nothing will help the yen. At its meeting on 26 April, the board members of this regulator unanimously decided to leave the key rate and QE program parameters unchanged. Expectedly tough comments on the outlook were also absent. This inaction increased pressure on the national currency, sending the USD/JPY pair to new heights. It continued its cosmic saga, reaching a new 34-year high of 160.22. Following this, Japan's financial authorities finally decided on a double currency intervention. Although there was no official confirmation, experts estimate its total volume at $50 billion.   Did it help? Judging by the USD/JPY chart, not really. The pair headed north again last week. Unlike the euro and the British pound, the yen barely reacted even to weak US labour market data on Thursday, 9 May, only slowing its decline.                    All this occurs amid endless statements from the Japanese Central Bank and Ministry of Finance about their readiness to take necessary measures to reduce speculative pressure on the national currency. The published minutes of the BoJ meeting show that most board members took a "hawkish" stance, calling for a rate hike.   However, many analysts believe that the Bank of Japan will take only one such step in the second half of the year. The last chord of the past five days sounded at 155.75. Economists at Singapore’s United Overseas Bank Limited (UOB) expect the USD/JPY pair to trade in the 154.00-157.20 range in the next 1-3 weeks. UOB also believes that the chances of it falling to 151.55 have significantly diminished. Overall, most experts (70%) simply shrug their shoulders in uncertainty. The remaining 30% persistently expect the yen to strengthen. As for technical analysis, 100% of trend indicators on D1 look north. Among oscillators, 50% are such, 15% point south, and 35% point east. Regarding support/resistance levels, traders should note that with such volatility, the slippage can reach many tens of points. The nearest support level is around 155.25, followed by 154.70, 153.90, 153.10, 151.85-152.25, 151.00, 150.00, after which come 146.50-146.90, 143.30-143.75, and 140.25-141.00. Resistance levels are 156.25, 157.00, 157.80-158.00, 158.60, 159.40, and 160.00-160.25.   Events of the upcoming week include the release on Thursday, 16 May, of preliminary GDP data for Japan for Q1 2024. No other significant publications regarding the Japanese economy are expected in the coming week.   CRYPTOCURRENCIES: A Week of Reflection and Uncertainty     What will happen to bitcoin in the foreseeable future? It seems there is no clear answer to this question. Experts and influencers often point in opposite directions: some shoot for the stars, while others keep their eyes on the ground.   For instance, according to the founder of Pomp Investments, Anthony Pompliano, bitcoin is "stronger than ever." He concluded this based on the 200-day moving average (200 DMA) reaching its ATH (All-Time High) of $57,000. Michael Saylor, CEO of MicroStrategy, is also optimistic. In his latest message, he urged investors to "run with the bulls." (It should be noted here that MicroStrategy holds 205,000 BTC on its balance sheet, so Saylor's bullish calls are quite understandable. He simply has to do this for his company to profit rather than incur losses).   However, analysts note that bitcoin's fate depends not only on the rosy calls of the MicroStrategy CEO. And if buyer support weakens, BTC could break through the key support level of $61,000, falling to the $56,000 zone, where significant liquidity is concentrated. MN Trading founder Michael Van De Poppe does not rule out another correction to around $55,000. However, the specialist quickly reassures investors, stating that this is quite acceptable as long as bitcoin holds above $60,000. Anthony Pompliano believes that the price will not fall below $50,000, and another expert, Alan Santana, does not rule out a drop to $30,000.   Trader and analyst Rekt Capital believes that the first cryptocurrency has exited the post-halving "danger zone" and entered the initial phase of re-accumulation. According to this expert, in 2016, BTC demonstrated a long red candle after the halving, falling by 17%. This time, the pattern repeated, with the difference between the post-halving maximum and minimum being 16%. The price reached a local bottom at around $56,566 but then rose to $65,508, on which Rekt Capital concluded that it re-entered the "re-accumulation range." However, there is one "but" - after this, we again observed a drop to $60,175. Overall, it seems that BTC/USD is in a descending channel, which increases investor concern.   In general, the forecasts are quite diverse. Information on the activity of various categories of traders and investors also varies. Analyst and CMCC Crest co-founder Willy Woo noted the activity of so-called crypto dolphins and sharks. "There has never been such a rapid purchase of coins by wealthy holders as in the last two months when the price fluctuated between $60,000-70,000. We are talking about those who hold from 100 BTC to 1000 BTC or approximately $6.5-65 million," he explained. On the other hand, according to CryptoQuant analysts, whales holding from 1000 to 10000 BTC, unlike dolphins and sharks, have behaved quite passively. Michael Van De Poppe, for his part, notes the absence of retail investors.   All this suggests that we may not see new all-time highs for BTC in the coming months. We wrote about this in the previous review, citing, among other things, the opinion of such a Wall Street legend as Factor LLC head Peter Brandt. With a 25% probability, he assumed that bitcoin had already formed another ATH within the current cycle. As for long-term forecasts, nothing has changed here - most of them predict a powerful bull rally for bitcoin. Anthony Pompliano writes about this. Willy Woo expects bitcoin to continue increasing its penetration into various spheres of everyday life, meaning the number of users will grow. "By 2035, we expect bitcoin's fair value to reach $1 million. This forecast is based on the user growth curve. And I'm talking about fair value, not a peak during a bull market frenzy," the analyst notes.   The author of the bestseller "Rich Dad Poor Dad," entrepreneur Robert Kiyosaki, once again included bitcoin in the TOP-3 ways to save and increase capital. "Bad news: the [currency market] crash has already begun. It will be severe. Good news: a crash is the best time to get rich," he wrote, offering several recommendations on how to act in a crisis. Let's note two of them. The first reads: "Find an additional source of income. Artificial Intelligence will destroy millions of jobs. Start a small business and become an entrepreneur, not an employee afraid of losing a job." "Don't hoard fake money (US dollar, euro, yen, peso) that is losing value. Hoard gold, silver, and bitcoin - real money whose value increases, especially in a market crash," is Kiyosaki's second recommendation.   Regarding bitcoin's growth, Kiyosaki is absolutely right; it's even pointless to argue. According to a study by Colin Wu, better known as WuBlockchain, over the past decade, the price of the leading cryptocurrency has grown by an astonishing 12,464%, outpacing giants like Amazon, Apple, Google, Meta, Tesla, and Netflix. BTC was second only to Nvidia (+17,797%). But the fact that bitcoin took second place, being a representative of a relatively new and volatile market, is a real achievement. BTC's impressive growth trajectory over the past decade demonstrates its resilience and potential as an essential component in investors' portfolios.   At the time of writing this review, on the evening of Friday, 10 May, the BTC/USD pair is trading at $60,470. The total market capitalization of the crypto market is $2.24 trillion ($2.33 trillion a week ago). The Crypto Fear & Greed Index has risen from the Neutral zone (48 points a week ago) to the Greed zone, now standing at 66 points. 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/ 
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