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Showing 20 of 21 results by KEN L
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Topic
Board Economics
Re: What is your biggest obstacle to achieving financial freedom ?
by
KEN L
on 09/01/2023, 07:24:05 UTC
My first obstacle to financial freedom is the government, they don't have enough job opportunities for people that is willing to work for them to be able to put food on their table, instead government comes up with harsh laws to control the citizens financial life by collaborating with financial institutes. That's why government in some countries banned cryptocurrency.

Corruption is a key factor, when the country is corrupt there will be less opportunity the common man to display his talent or skill in the society and achieve his goal,government cares less for citizens and only thinks in how to steal public funds and put their families in big positions in government, nepotism government.
I very much agree, since so many unemployed people have appeared, and the country can still operate normally, why not send money to the poor
Let everyone have no food and clothing problems, refresh the dimension of the spiritual world, so that people will not live so painfully, and the most grassroots people just need to solve the food and clothing problems.
Post
Topic
Board Bitcoin Discussion
Re: How profitable it is possible to invest in bitcoins in the new year 2023.
by
KEN L
on 09/01/2023, 07:16:13 UTC
The investment cycle of investing in Bitcoin should be observed with at least one bull-bear conversion cycle, rather than one year. In such a short period of time, Bitcoin is an investment product that can only be profited by long-term holding.
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Topic
Board Off-topic
Re: Do you agree that an employer should hire employees who are smarter than him?
by
KEN L
on 06/01/2023, 08:38:25 UTC
The positivity of having this mentality is bountiful for you. There shouldn't be any negative to this. You just have to be sure that the person you're hiring is not overqualified for the position.

Hiring is not an easy process at all, but I do think that an employer should hire employees who are smarter than them. This is not what some companies do but in all honesty is it the keen route to go. Sometimes, we can learn from employees and vice versa.

There are projects to be accomplished and you need a team to get it completed. Rather that you assemble a team together to help the business grow.

It seems that recruiting in 2023 is not a difficult task. I just saw that Amazon has laid off employees, and human resources are the first people they lay off. This shows that they will not have strong recruitment needs in the future.
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Topic
Board Off-topic
Re: Do you agree that an employer should hire employees who are smarter than him?
by
KEN L
on 28/11/2022, 07:41:09 UTC
A smart person will be more proud. If he cannot convince the employer, he cannot improve with the employer, and the employer may have a headache. Of course, a smart person will definitely give the employer some help.
Post
Topic
Board Speculation (Altcoins)
Re: What are your plans for the 2022 crypto market?
by
KEN L
on 14/11/2022, 11:42:10 UTC
I plan to look for opportunities to buy more BTC and ETH in the last two months of this year. If I can come across a good copycat project, I can invest a little.
Post
Topic
Board Economics
Re: Crypto Currency should be Integrated into School Curriculum
by
KEN L
on 14/11/2022, 10:23:26 UTC
Even if it is included in the curriculum, it should be included in the curriculum content above the university, such as graduate courses, it is not good to be exposed to such high-risk things when young people are not mature enough.
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Topic
Board Off-topic
Re: What do you like to watch on YouTube?
by
KEN L
on 14/11/2022, 10:14:37 UTC
I like to listen to music on YouTube and watch some music MVs.
Post
Topic
Board Economics
Re: 2022 has been one of the most significant eventful years of crypto history.
by
KEN L
on 14/11/2022, 10:05:37 UTC
Indeed, I have also experienced bear markets in the past, but this year is really not as bloody.This year is the year to witness the fall of the great.
Post
Topic
Board Economics
Merits 2 from 2 users
Re: FTX drama and it’s long term consequences: Bitcoin is a confidence Game.
by
KEN L
on 14/11/2022, 09:34:58 UTC
⭐ Merited by fillippone (1) ,JayJuanGee (1)
The essence of finance is consensus. If there is confidence in the consensus, the price of the currency will be higher and higher, and the industry will become more and more prosperous. Once the confidence is blocked, the consensus will also be blocked. At this time, the consensus will collapse, and the confidence will become more and more prosperous. Collapse, consensus building and confidence are the basic principles of value.
Post
Topic
Board Altcoin Discussion
Re: People are going to realize the same thing about BNB and it makes me sick.
by
KEN L
on 14/11/2022, 09:25:06 UTC
I have always had a bad impression of CZ, probably because I had liquidated positions on his exchange. In this Vanity Fair, few businessmen are clean and do some disgusting things, but this is the law of survival, the human world and the animal world are essentially not much different, so we need to use the blockchain to change the negative of the world energy.
Post
Topic
Board Altcoin Discussion
Re: bull started?
by
KEN L
on 12/11/2022, 06:36:43 UTC
It depends on whether the core of the project itself is strong or not. If the project itself is a very weak project, it will not do much even in a bull market.
Post
Topic
Board Bitcoin Discussion
Re: Is Bear Market More Important Than the Bull Market?
by
KEN L
on 12/11/2022, 06:28:24 UTC
It depends on whether the core of the project itself is strong or not. If the project itself is a very weak project, it will not do much even in a bull market.
Post
Topic
Board Bitcoin Discussion
Re: Is Bear Market More Important Than the Bull Market?
by
KEN L
on 12/11/2022, 06:18:00 UTC
In fact, for good projects, the bear market opportunity is better, because only bear market users can truly learn with peace of mind and improve themselves,At this time, everyone does not have such a big utilitarian heart, and is more likely to sink their hearts to understand the essence of a project.
Post
Topic
Board Bitcoin Discussion
Re: FTX has been hacked, delete the app, don't go to website
by
KEN L
on 12/11/2022, 06:09:54 UTC
There is a high probability that it was done by their insiders. It is really inhumane. This is too dramatic. I really want to know how the user funds are solved.
Post
Topic
Board Altcoin Discussion
Re: Crypto in war ukraine and russia
by
KEN L
on 05/03/2022, 07:57:26 UTC
The more the world develops, the more war can affect not only the armed forces, but also ideological influences, economic and financial influences, and even belief influences. We need to predict the market in advance through the current appearance.
Post
Topic
Board Bitcoin Discussion
Re: Bitcoin and international conflict
by
KEN L
on 03/03/2022, 08:43:54 UTC
I think I save money to eat and live, and then convert it all into bitcoin,Bitcoin has been tested countless times. Bitcoin will continue its monetization journey in the next century, I think everyone should have confidence that Bitcoin will continue to move forward!
Post
Topic
Board Bitcoin Discussion
Re: Why people are comfortable investing in government controlled investments
by
KEN L
on 31/05/2021, 06:08:49 UTC
Just think about it a little.  Roll Eyes

You know that whatever happens with your government controlled investment, you will have a safety net from that government. History has shown us how governments have bailed out Banks and/or injected millions or even Billions of tax payers money into economies to protect it.

They are printing Trillions of Dollars to reduce the impact of this Covid-19 virus on their local economy and they are doing this with money that was supposed to go to critical needs. (Public Health care / Social grants for unemployed people etc.)

Did Bitcoin get any support from governments when Stock markets plummeted lately? No, because Bitcoin is seen as the enemy.  Angry

We relish in the fact that Bitcoin is not supported by the injection of slow poison from these governments, because this cannot be sustained indefinitely. At some stage we will see that taxes would not be enough to save Banks and/or local economies. Companies and individuals can only pay so much taxes, until they go bankrupt.

It is only smoke & mirrors to postpone the inevitable collapse of the global economy. Will Bitcoin then be seen as a real safe haven or will it be too late? 
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High returns mean high risks, and investment methods under government supervision are relatively safe. The current economic environment is poor, and investment methods such as stock funds under government control do not have good returns. The blame is on other investment methods such as cryptocurrency. I他makes no sense.
Post
Topic
Board Bitcoin Discussion
Re: Can China takeover Bitcoin network?
by
KEN L
on 28/05/2021, 03:28:00 UTC
Most btc mining is done in China because electricity is cheap there and all mining hardware originates from there also right?

China controls over 50% of the btc hashrate meaning they can do a 51% attack on the bitcoin network or control which btc transactions are valid according to their liking correct?

Has the chinese government or chinese central bank added bitcoins to their treasury reserves apart from the tons of gold they have been buying recently?

If the chinese govenment/central bank has bitcoins in its treasury then there is no incentive for them to raid and take control of the mining pools in china otherwise they be shooting themselves in the foot right because they be crashing the price value of their btc treasury reserves correct?

Do you think electricity will get more expensive in China and by when? Higher electricity costs should encourage mining out of China to other countries so the mining becomes more decentralized.

Finally if the Chinese government/central bank dont have bitcoins in their treasuries and release their digital chinese currency CBDC then from there what guarantees can be made to long term btc investors that the chinese regime wont raid btc mining pools in China or torturing/threatening mining pool owners into handing over the hashrate control to them or force mining pool owners to get together together into 1 big mining pool company owned by the chinese authorities?

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Now  China Govenment take more policy to forbide Bitcoin mining.
More mining pool will be closed.what we worried will be truth.

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Post
Topic
Board Bitcoin Discussion
Re: Bitcoin starting to recover
by
KEN L
on 28/05/2021, 03:05:59 UTC
The negative sentiment surrounding the crypto market seems to be continuing, especially with China still spreading FUD around the market. However, it seems that at the moment, there are some signs that could be the reason that a potential recovery may occur in the near future.
Although currently the majority of investors still have negative perceptions, there is some data that can prove that Bitcoin is beginning to recover. It should be noted that no one knows the end of this correction, but some of this data can aid to see the end of the correction.

1. Fear & Greed Index
The Fear & Greed Index data shows data that hasn’t been seen since April 2020, when the crypto market underwent a deep correction.https://twitter.com/MatiGreenspan/status/1396403303114813441

At that time, there was a deep correction of Bitcoin (more than 50%) due to the announcement of the Covid-19 pandemic. At that time, the majority of market participants referred to the correction by Bitcoin and the crypto market as “Black Thursday” or “Dark Thursday.” However, it was an excellent time to make a purchase.
The same phenomena is happening, wherein the market corrected more than 50% — a sign of high recovery if the same thing is actually happening.

2. Stock to Flow Model
Apart from the Fear & Greed Index data, the Stock to Flow (S2F) Model, which generally predicts the movement of Bitcoin, also shows the same thing. The Stock to Flow predicts that the lower limit of the correction is $30,000
https://twitter.com/100trillionUSD/status/1396021832130744320

3. The Number of Stablecoins on the Exchange Increases
The number of stablecoins that are on the majority of the world’s exchanges is currently at its highest which is a sign that there are large parties waiting to buy. However, there is another possibility that this figure is a flow of funds from new investors who have recently entered the crypto ecosystem.

All these signs move together to prove that there is a potential for Bitcoin to recover in near future. It seems that now is the right time for Bitcoin to start recovering.

Source: https://medium.com/snapbots-news/snapbots-news-review-good-sign-for-the-crypto-market-bitcoin-starting-to-recover-a5a143c94482

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Bitcoin is the King. Back to $50k needs more time. BTC recover, Market will recover. Most coin/token will be back also.
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Topic
Board Off-topic
Re: Rolex watches for investment
by
KEN L
on 08/02/2021, 02:28:49 UTC
The poor play cars, the rich play watches.
A good watch is still worth the investment.