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Everything posted by LfcCharlie4
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This was a really good description. Where do we then go with Yellow & Turquoise views? Here's Rupert Spira, who makes a great point of 'Don't use sexuality to become more aware, become more aware & use that to enhance your sexuality.' 'Allow your understanding to infiltrate all realms of your experience including your sexuality.' 'Sexuality will become an expression of, a sharing of, a celebration of this (the Non-Dual) understanding.' He also makes it clear that this expression can take the form of celibacy all the way to polyamory, depending on each body / mind. To me, this is a very Turquoise view on Sexuality, and what a surprise....it isn't a simple prescription for everyone.
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@integral Yah, imagine Once ETH breaks All time highs...
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LfcCharlie4 replied to Tildae00's topic in Society, Politics, Government, Environment, Current Events
Anything formed out of hatred will not last long-term. But, I agree with @aurum, we will slowly see the shift towards green in our lifetime globally, but I doubt we will see full blown socialism for centuries, if ever. They'll likely be revolutions across the world, but whether they materialize into a blossoming socialist country is very different. As @Leo Gura said in another thread, there needs to be a successful working example of Socialism to build from & that burden is on the country testing out the model, and people do not like uncertainty, especially as they get older....and guess what's happening globally in western countries- an Aging population- I wouldn't hold your breath for socialism. For example, in the UK our Labour party (left leaning) had a VERY left wing leader at last years election, and they suffered their worst defeat in I can't even remember how many years. Social Media & forums like this are an echo chamber, very few people actually support these ideas with their votes. As always, watch what people do, not what they say. Everyone's a socialist at the Charity event, but are they a socialist when they get their Tax bill, or are they voting for the conservative politician? So, I wouldn't hold your breath for a democratic coming of Socialism. -
@Lyubov I would suggest looking into the workings of this bull cycle before comparing it to 2017, it's different in a number of ways. The main difference being the last cycle was perpetuated by mainly Retail Investors (me and you), whereas, this cycle is the first true bull cycle where Institutions & Whales (Talking billions of $$) who are not only buying during the dips (such as the dip to 33.5k we saw the other day) but also buying consistently, and then once BTC stabilizes for a period, the money will flow into ETH & other Alt coins. Have you actually looked into the tech behind not just BTC but a lot of other Cryptocurrency? I for one am not in this game for short term profits.
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LfcCharlie4 replied to LordFall's topic in Society, Politics, Government, Environment, Current Events
Double edged sword, you have to police these platforms but it's hard. Read 1984 for how it could go all terribly wrong with power in the wrong hands. -
I get what you mean though in terms of chasing the dragon in this game. But, I certainly believe investing for long-term wealth & helping create freedom is brilliant & good for our growth
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@Jacobsrw Hey man. yeah, I’m only recommending those who have spare money to invest & after doing research, I’ve been involved in crypto for a little while now, and am looking to keep investing long term I get what you mean & agree! but, I also feel financial education is an important part of ones growth and isn’t taught enough, I agree career / LP should be the primary focus though, of course! I am just saying investing is an amazing way to further build wealth from your income / business money & create freedom to pursue life how you wish! I am not saying we should invest simply to live idly off of the returns, but more so use that to create freedom & live the life of your dreams including your LP of course I would also include education regarding long term stock, precious metals & other asset classes. And of course to only invest in things we support, and I personally love the technology behind blockchain & BTC, and am planning to invest long term! hope you get more what I meant now
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@Leo Gura l agree with this, except BTC won’t just crash, as most people involved in Crypto already know this, and know BTC isn’t a one size fits all solution. It will just be what backs digital currency, as I keep saying the Gold.
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@Striving for more Yeah, I've heard plenty of predictions for this Bull cycle. I would always say you want to try and at least sell enough to cover what you invested so you're then just playing with profit or sell in a DCA fashion
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@North Sea Agree, precious metals are an important investment! but, One of BTCs functions is being Digital Gold, we are much more likely to move towards a digital currency than a gold backed currency I feel. Not to say Gold isn’t still a great form of investment! @tsuki @datamonster Only way I can think of is through Whales “teaming up” to create dumps so they can buy back more at cheaper prices during bull markets. Although, if anything the whales prevented an even bigger drop recently as they were buying it up during the dip.
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@datamonster Yeah I agree with you, I just can't see the majority of HODLers ever wanting to transact in BTC, just like people don't send each other Gold. BTC will be the first to go mainstream followed by ETH I imagine just because they are the first 2 everyone talks about, thinks about & are listed on all the major exchanges. But, like you said other coins have HUGE potential with the tech & projects they are working on, gonna be a very interesting year like you said.
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If you wanna go, go, I think it really is that simple. You will 'get' a lot out of it, but just going to enjoy the experience of travelling and enjoying life is why I'm going to be travelling as soon as I can! Also, you can meet so many new people, have new experiences, new ways of life, it's awesome. The real trap is being stuck in your small town & never getting out, or never wanting to get out, I think it's called Small Town Mentality. I mean settling down has it's place later in life for sure, but why would you not travel and experience the world while you can!
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@datamonster You actually think BTC will ever be used as a widespread currency? I personally think that role will belong to a different coin & BTC will be the store of value that backs the Blockchain.
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Yeah, I agree that should make up a good % of your portfolio. Oh, for sure, unless you're going to dedicate your life to trading, it isn't worth it, and even then there's HUGE risks, DCA is the way to go for normies. If you're young, I would defo look at putting a % in 'riskier' assets like Small Cap stocks, 'future industry' funds like Biotech & of course Crypto. The book 'How To Own The World' sets great foundations for a long term portfolio & the fund he created off the back of the book is a VERY steady worldwide fund that won't make you big gains, but is unlikely to incur the losses you get if you're 100% exposed to stocks, it's a great baseline for a retirement / long-term portfolio.
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@Leo Gura Bitcoin won't a daily currency, that I agree with. Why would anyone ever use BTC for transactions, it's like the famous story of the person who used BTC to buy pizza, and that BTC is worth Millions today. @datamonster Couldn't agree more, All Covid has done is FastTrack the mainstream adoption of Crypto, the Stimulus & things like 'Furlough' over here are going to skyrocket inflation over the next few years. I've even heard plenty of people say it's riskier to not buy Crypto at this stage, it's going to be a ridiculous transfer of wealth, especially now Institutions are getting involved.
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Yeah, this just isn't true. There are plenty of predictions of BTC's long term value based on the value it provides, as I mentioned if it matches the same market cap as Gold, then each coin will be valued at around $500k Then if you compare BTC to gold, you can compare ETH to oil. Have you ever looked into Blockchain & Cryptocurrency at any length? From how you're speaking here, it seems you haven't. 'At least with a company like Google you know it will be around creating new products and services.' This is like saying precious metals have no value either, when they are stores of Value.
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!!! I agree, I'm not sure why there's a hatred for traders on here, I get it with Wall Street corruption & what not, but yeah I don't blame you at all! @captainamerica Yeah, I always recommend people build up income before investing, like if you only have a few K, much better spending that time building your business / side hustle / career & then investing the profits. Of course if you have a job, then just DCA what you can afford. Yeah I'm not into trading, Just DCA into everything. If you're from the UK I recommend the book 'How To Own The World' which outlines the 'slow' path to wealth through the markets! @lmfao Lol, yeah we all wish we invested 5 years ago Still early tho... And regarding Tether-
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@Leo Gura What's your solution out of interest? 'See, when you take $1000 and turn it into $1,000,000 via BitCoin, you've just figured out how to turn a few teachers, farmers, and retail clerks into your wages slaves. That is literally what you are doing, but you've masked it as something else so you can sleep well at night.' Why is trading Thieving? Would Crypto actually not be the opposite, since it's helped a lot of 'normal' people create huge amounts of wealth? @tsuki Really liked your points, and I'm currently with you that Traders (at least the decent people) provide value for society, same as the (good) Fund managers who aren't just leeching through the fees. I get there's a LOT of corruption in these markets, but the traders I know / follow, mostly seem like Good people who just want to help make people money & make themselves money. Interested to hear @Leo Gura 's solution though. @Joel3102 Yeah, I basically thought the same as you, and don't see trading as thieving? @lmfao I would actually argue differently, and say Excess Consumerism is how money funnels to the top, if more people became financially literate, they would actually have a chance at Financial Freedom. The other argument For investing is that if you invest in companies / projects you support, your money is helping these projects / Companies grow, so while you're not directly contributing value, in a sense you are. For example, most companies rely on VC, Investors & Public offerings to raise the capital they need, and in return for risking their capital, they expect some sort of return on that money. I agree there is a lot of corruption though, I just don't agree Investing is leeching, especially if you invest in things you support.
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@captainamerica I'm not a trader either, but you can still invest? Also, why don't you go back to trading if it was providing survival needs & can make you wealthy, then you have the freedom to pursue service without financial worries? Or even becoming a Conscious Trader & offering service that way? Just ideas
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@Average Investor Fair enough mate. Although, I would say situations we find challenging are the perfect opportunity to truly practice mindfulness, if we can only do it on the cushion it isn't worth much right? In fact, the day when the first few 'Enlightened Traders' happens will be quite funny, having that much emtional maturity would be a great help in the markets Yeah, I understand. To me, this & ETH are still incredibly cheap if you HODL long term, like seeing it go down 25% yesterday just made me want to buy more
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@tsuki Yeah I agree with most your points. But I wasn’t talking about BTC becoming a global currency, I was talking about it being a store of value, like Gold, we don’t trade in Gold these days. when you say “when things settle down” I’m not quite sure what you mean, things in regards to printing money haven’t even started to create the chaos expected. For example, in the UK we have furlough which is the Gov paying people who aren’t working like 80% of their salary, come April (if it ends when it’s supposed to) there will be HUGE a amounts of redundancies & high levels of unemployment, then there is the paying back of all of this money we’ve printed. If anything, we have a loooooooong way to go before any of this settles down. So, even in terms of being a digital Gold & reaching similar market caps to gold, you’re looking at 500k all being well, that’s not including if it becomes a globally backed currency, that’s simply as a store of value. and like you said regarding ETH, we are still very early days, ETH 2.0 isn’t out yet & that’s not to even mention projects like Cardano & Polkadot. Imo, this is still the VERY early days of Crypto & things like Covid are simply accelerating this bull run, but not the cause of it. Institutional buying is what differs this to 2017, it’s not simply retail buyers causing the hype. For example we had a 25% correction yesterday & its back up to $34kish today. This seems more like the healthy correction that was needed to stabilise, allow “Alt season” to start before another few big runs. But, yeah I wouldn’t solely depend on crypto as an investor, most important thing is developing your own income first & foremost imo.
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@tsuki Good points regarding education. 'It has little use outside of store of value.' Do you not see how useful this is on it's own though? It essentially makes it 'Digital Gold' that is far more accessible and easier to transfer & access etc. Also, just be aware 20%+ of all $$ were printed last year & USD isn't even backed by Gold anymore, it's literally crazy that more than 1/5 of ALL Dollars were printed last year. I imagine as Inflation rises more & more people will look to Bitcoin & Gold as stores of value, tie that in with FOMO, the fundamentals of Crypto & the adoption of institutional players and you have a recipe for a large Bull market. But, who knows, you could be right, I just don't see it.
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@Leo Gura Yep, definitely something we need to remember.# And, yep, sadly lots of scammers. But, also lots of great people you'll meet.
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@7thLetter Agree with you man. Volatility is definitely part of the game, hence why as we DCA into Crytpo, we need to find selling points you are comfortable with e.g. 10% if ETH hits 2k, 10% at 3k etc, just so you don't get fucked when the corrections come. As you say it's easy to get greedy and always think more, more, more and never want to sell at all, but even if say you invested $5k into ETH and the average you bought in at was $1k so you have 5 ETH and ETH does hit $5K you could sell 20% and recoup your original investment and then HODL to mitigate the risk of a flash crash. Then you also have $5k to invest in the dips if you believe in the long term project. But, yeah the volatility is extreme and hence we should have a strategy to Mitigate that at least somewhat. And, yeah a LOT of hypey YouTubers, the bigger the channel, tends to have more hype as that gets clicks etc. For example I've seen so many predictions like: 228k BTC, 27K ETH, 50k+ ETH, 500k+ BTC Then for Alts- $5 ADA, $100 LINK, $100 DOT, so you gotta take it all with a pinch of salt. I'm more like you in that, let's break ETH All time high before thinking about a 20x from here DCA in & somewhat of a DCA method out
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Yeah, I agree, this is not a get rich quick anything, I'm interested in how Bitcoin could change the financial world IF it succeeds, but as you say there's plenty that could go wrong!! @SirVladimir Agree,. But, I'm in for the long-term, best way to get rich is to provide value as Leo made clear, build a business, then what you do with that excess money is up to you! Plus, those that 'get rich' trading Crypto are HUGELY skilled and spend all day, every day on the markets, it's certainly not make a trade and sip Martini's!