You are explaining it a bit different than me, but it could be that we are mostly understanding what each other is saying.
I am not sure if it might not be worth emphasizing a bit better what I mean, though.
Of course, this thread is about bitcoin, so it might not be too good of an idea to get too distracted into talking about various shitcoins, including which ones might be worth investing into, if any of them.
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Something similar happened in China in late 2016. A lot of Chinese exchanges locked up the value of their citizens in the various Chinese exchanges until they KYC'd or whatever other bullshit that they were supposed to do, and a lot of those citizens got screwed out of the whole 2017 bull run.. and perhaps even Chinese officials thought that they were going to be able to discourage the BTC price from going
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You are not the ONLY one who suffers from receiving my relatively long responses. You can glance through random samples of my post history and see that I have tendencies that go back all the way to the beginning of my forum membership for long responses.
Today i collected all my energy to give reply back to you, as just after my last reply to you network service went down for like 2 days in my country's big cities. The reasons was some Religious groups were taking out a procession so to provide them top notch level security our government authorities planned to shut down network service. And after that, when i read your post, i was like, oh shit you must have smoking something because writing that long is not an easy task.
Well, i just ready your reply and it was informative, encouraging, and motivational for me. And thanks for spending so much time just to give that information for free of cost as nothing is free nowadays. And i also found my idea of saving in local currency bad because it will just lose value. So, i think i should buy some USD instead of some bonds because i do not like bonds. I like currency which i could at least predict about.
And Chinese (governments) are still making profits from crypto space by using Hong Kong so, i must say they were not off the game ever. All they did is took some precautions.
I might be missing some points to reply back on but overall, i now understand i am not the blank slate because you like to write that long. So best of luck with such writing i should suggest you to start some blog etc. which i think you already have thought about. So, thanks for your words. And i will try to save 10 million Satoshi someday And i really liked the idea of not Investing 10% of wage on BTC but instead Investing whole year wage for all in once by following your method of DCA or lump sum buying on dump etc. And to get all gains in once for all. Instead of waiting 10 years.