Money is something that a majority of people do not master. The more I talk about money with people, the more I realize that many have a total ignorance of the subject.
It’s not that surprising. The education system has never taught you what money is, and even worse, how to manage your money in order to make the right decisions for your future.
There is one basic rule that you should have in mind, and it applies to all areas, and therefore to money:
“In life, it’s your ignorance that costs you money.”
So the less you know about money, the more you risk losing a lot of it. Whether you are very rich or very poor, this rule applies equally. …
I’ve been opting for Bitcoin for so long now that I sometimes lose sight of the fact that for most people in the general public, this choice is not as obvious as it is for all Bitcoiners.
The bull rally that Bitcoin has just experienced throughout November 2020 has led many people to ask themselves questions about Bitcoin again.
Bitcoin nearly beat its All-Time High on November 24, 2020, by reaching a price of $19,390. Many people had regrets that they were missing something.
I explained several days ago that the Bitcoin price frequently undergoes significant corrections after this type of bull rally. It didn’t miss once again because a few days later, the Bitcoin price quickly dropped in a few hours to below $17K. …
Bitcoin is a unique invention in the history of mankind.
You have probably heard this phrase hundreds of times. I apologize in advance because I use it frequently as well. At the same time, how can you not be enthusiastic about such an incredible invention as Bitcoin?
It’s hard to remain measured when you really understand the potential of Bitcoin to build a better world for all in the future.
Yet, some people may find it hard to understand why Bitcoiners constantly talk about a unique invention in the history of mankind when they talk about Bitcoin.
Some beginners may not dare to ask for information about it. This is a mistake, because any question, however trivial it may seem to some, is worth asking if the need arises. After all, Bitcoin’s motto is “Don’t trust, Verify”. …
The M2 Money Stock has just surpassed $19,000 billion. More than 20% of the circulating U.S. dollar was printed in 2020. More than 60% of the circulating U.S. dollar have been printed since the subprime mortgage crisis in 2008:
Is the current monetary and financial system sustainable over time?
The answer is clearly no, while at the same time the US debt has exceeded $27.2 trillion, and the global debt will reach $277 trillion by the end of 2020.
Many countries will go bankrupt in the coming months. Some have already gone bankrupt in 2020.
Announcements of vaccines that are more than 90% effective against coronavirus give us a glimpse of the end of the tunnel concerning the coronavirus pandemic that we have been experiencing with full force for several months. …
The Bitcoin price was $18.2K when I wrote this story. At the time of publication, the Bitcoin price has just undergone a significant correction bringing its price slightly below $17K, whereas Bitcoin had reached an annual high of $19,390 two days earlier.
It must be said that everything is going very fast in the Bitcoin world these days.
The good news that has been accumulating for months has continued to strengthen Bitcoin’s fundamentals. The Bitcoin revolution has continued to progress while the Bitcoin price has remained stable between $9K and $10K.
Eventually, some people lost patience and confidence in Bitcoin. But the real signal was clear: Bitcoin continued to grow week after week. …
Just yesterday, I announced that I saw the Bitcoin price end the week at $20K. The Bitcoin price had just hit an annual high of $19,390. All the lights were green, and despite the imminent correction, I thought that the current rally still had enough to take Bitcoin to a new All-Time High (ATH).
At the time of writing, I have to admit that I was wrong.
The Bitcoin price is $17,386, and a low at $16,532 was hit this morning:
Within a few hours, the Bitcoin price dropped -14%, before a first rebound, which could continue to $18K in the coming hours. …
On October 23, 2020, PayPal officially announced its entry into the Bitcoin world. From early 2021, the online payment giant will offer its 346 million users around the world a service directly on its platform to buy/hold/use Bitcoin.
PayPal will accept Bitcoin as a means of payment in the 28 million businesses in its network.
This news was added to the many other good news that had been accumulating about Bitcoin for several months. The upcoming entry of PayPal has accelerated the increase in the Bitcoin price that had been observed since the beginning of October 2020.
PayPal has started to offer its new service to a number of its American users. The success has been there since PayPal would buy about 70% of the newly minted BTC since the beginning of November 2020. …
Coinbase is probably one of the best-known cryptocurrency exchange in the eyes of the general public. Many beginners start buying their first Bitcoins after registering with Coinbase.
At the heart of the Bull Run at the end of 2017, Coinbase was receiving up to 100,000 registration requests per day.
Since then, Coinbase’s success has continued to grow, to the point where it has become one of the leading platforms with Binance. I myself have frequently recommended Coinbase to new entrants in the past.
Their platform is serious and easy for beginners to use. The fees may be a little higher than elsewhere if you don’t use Coinbase Pro, but for beginners, Coinbase can be reassuring. …
After several days in the $18K zone, Bitcoin crossed the $19K resistance on November 24, 2020. Bitcoin reached an annual high of $19,348. At the time of writing, the Bitcoin price is still above $19K at $19.1K.
Reaching a new All-Time High (ATH) above $20K seems more relevant than ever now. I even think it may happen by the end of the week.
I see 3 reasons at the moment that make me think that Bitcoin will see its price beat its ATH before a possible correction. Because yes, I still think we will have a correction afterward. …
For the past few weeks, Bitcoin has entered a bullish rally that nothing seems to be able to stop. Not even the announcements of vaccines that are more than 90% effective against coronavirus have been able to stop Bitcoin’s ascent to a new All-Time High.
Bitcoin has seen its price break through the barriers one by one since $13K with disconcerting ease.
Some people seem surprised. However, this rise is rooted in the excellent news that has been coming out for Bitcoin in recent months. …