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People Here Who Dabble In Crypto

All cryptos are pyramidal schemes
Some will become billionaires at others cost..this is true for few thoysand schemes there. If u put money in all u may get lucky..its like a lottery

I have put money in bitcoin and ethereum since i know ultra rich will through their money into it just like they do in gold..
U will probably not get super rich or loss alot of money in those two

Gold is difficult to own not the BTC or ETH

ETH BTC will act as value storage not currency or lot of transctions thus energy isnt an issue

(I know supporters call it future xurrencybut that wont happen)
Think of it as gold..gold has value because people just give it a value same as true for BTC
stay away from SHIBA INU

thank me later
Same feeling. Shiba is huge risk. Huge return. Seems like. I only have about $160 invested.
 
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What's up with Shiba Inu?

Will it moon or crash? My friend got me into it. I personally think it's a sh!t coin. Held up artificially and has no real world utility.

Thoughts?
Scam currency. don't buy. Just like SQUID game currency
 
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idid this analysis on 6th nov,
Shiba coin prediction. ( i am still learning , experts can comment ) ,
Doge coin vs Shiba trend comparison. as i believe it will follow same trend. ( not financial advise).
i guess shiba will drop again 44 , but 46~48 is safe limit to buy OR it can drop to 52 only. that will be good time to buy to get profit.
Then it will go up in a month. note it will be small 12-15 hour opportunity to sell at that time, as it will be dumped again.
One graph is doge coin , and other is shiba trend.
Also i will never sell atleast 1 million shiba ( just in case if it will go up to 0.01 USD ( which is highly unlikely in next 6 month)

 
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Can anyone suggest good sources to read up and listen to if I'm getting started?

Seems like at this time Ethereum is the best bet.
 
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I'm using Coinbase right now. Is this a good platform or too Vanilla?

I wanna learn more about this stuff man.
 
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I think, you should go for BTC, as it will always be No.1

But Crypto investing is Gambling, High Risk You May Loose All Your Money. Better you should only get btc and use just for payment. I even recommend investing in Gold, or if you are too much rich, then invest in Diamond. Gold and Diamond are better than Investing in Crypto, Stock Exchange, Price Bond, Lottery. Never go for bet365 or similar sites.

If you still want to invest in crypto, So, i think you not go above 20 thousands pkr, Loosing 20k pkr is bearable, but not 100k-1000k pkr,

Investing 20k pkr will give you little benefit, but loosing may be affordable..
 
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What's up with Shiba Inu?

Will it moon or crash? My friend got me into it. I personally think it's a sh!t coin. Held up artificially and has no real world utility.

Thoughts?
Shiba inu is a real deal mate. Trust me. It has more than 800k holders and it has its own shibaswap. In coming weeks it will be listed on Robinhood, which contains some of the worlds biggest investors. Robinhood is also working to add shiba into its wallet which will be launched in coming weeks. It is also working on its own version of ethereum, called shibarium which will lower the gas fee significantly. It has its own collection of NFT which was launched last month and one of its NFT is now worth 30 ethereum. It is competing with dogecoin which elon musk loves and amazon is also considering this coin to be accepted as a payment method.

All of u guys need to understand one thing. The big and popular exchanges never list a useless or scam coin. Shib is listed on binance and coinbase. Its now trying to get listed on kraken and Robinhood which are very popular in US and they have big investors especially Robinhood. This coin is currently siting at 0.00005 usdt. If it makes to 0.1 or 0.01 imagine the profit u will make. Currently the creators are burning its supply on daily basis.

There is another coin which is a gem coin. Its called Saitama Inu. It has around 160k holders. They need to reach 200k holders to be listed on binance. Their own wallet is launching on 13th of November this year. These projects are really solid.
A shiba inu investor bought $8000 in August last year and today his wallet is worth 5.6 billion dollars

Shiba inu ecosystem has 2 more currencies bone and leash with very short supply. Leash is currently competing with ethereum.
 
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idid this analysis on 6th nov,
Shiba coin prediction. ( i am still learning , experts can comment ) ,
Doge coin vs Shiba trend comparison. as i believe it will follow same trend. ( not financial advise).
i guess shiba will drop again 44 , but 46~48 is safe limit to buy OR it can drop to 52 only. that will be good time to buy to get profit.
Then it will go up in a month. note it will be small 12-15 hour opportunity to sell at that time, as it will be dumped again.
One graph is doge coin , and other is shiba trend.
Also i will never sell atleast 1 million shiba ( just in case if it will go up to 0.01 USD ( which is highly unlikely in next 6 month)

U need to consider upcoming projects of shiba inu. It might not reach 0.01 in 6 months but remember this project was launched in August 2020 and it already has 800k+ investors.
 
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Shiba inu is a real deal mate. Trust me. It has more than 800k holders and it has its own shibaswap. In coming weeks it will be listed on Robinhood, which contains some of the worlds biggest investors. Robinhood is also working to add shiba into its wallet which will be launched in coming weeks. It is also working on its own version of ethereum, called shibarium which will lower the gas fee significantly. It has its own collection of NFT which was launched last month and one of its NFT is now worth 30 ethereum. It is competing with dogecoin which elon musk loves and amazon is also considering this coin to be accepted as a payment method.

All of u guys need to understand one thing. The big and popular exchanges never list a useless or scam coin. Shib is listed on binance and coinbase. Its now trying to get listed on kraken and Robinhood which are very popular in US and they have big investors especially Robinhood. This coin is currently siting at 0.00005 usdt. If it makes to 0.1 or 0.01 imagine the profit u will make. Currently the creators are burning its supply on daily basis.

There is another coin which is a gem coin. Its called Saitama Inu. It has around 160k holders. They need to reach 200k holders to be listed on binance. Their own wallet is launching on 13th of November this year. These projects are really solid.
A shiba inu investor bought $8000 in August last year and today his wallet is worth 5.6 billion dollars

Shiba inu ecosystem has 2 more currencies bone and leash with very short supply. Leash is currently competing with ethereum.

You are a Capitalist and IIRC a mullah lover too ( if you are not, apologies ).

This is what Ghulam Ahmed Parvez, a scholar from undivided India and later resident of Pakistan said :
Apart from continuing to author books and commentaries on the Qu’ran, Parvez wrote a series of articles in Talu-e-Islam that propagated a more socialistic view of the holy book.

In a series of essays for the magazine he used verses from the Qu’ran, incidents from the faith’s history and insights from the writings of Muhammad Iqbal to claim:

The clergy and conservative ulema have hijacked Islam.

They are agents of the rich people and promoters of uncontrolled Capitalism.

Socialism best enforces Qur’anic dictums on property, justice and distribution of wealth.

Islam’s main mission was the eradication of all injustices and cruelties from society. It was a socio-economic movement, and the Prophet was a leader seeking to put an end to the capitalist exploitation of the Quraysh merchants and the corrupt bureaucracy of Byzantium and Persia.

According to the Qur’an, Muslims have three main responsibilities: seeing, hearing and sensing through the agency of the mind. Consequently, real knowledge is based on empirically verifiable observation, or through the role of science.

Poverty is the punishment of God and deserved by those who ignore science.

In Muslim/Islamic societies, science, as well as agrarian reform should play leading roles in developing an industrialised economy.

A socialist path is a correction of the medieval distortion of Islam through Shari’a.
 
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You are a Capitalist and IIRC a mullah lover too ( if you are not, apologies ).

This is what Ghulam Ahmed Parvez, a scholar from undivided India and then resident of Pakistan said :
Mate cryptocurrency is decentralized unlike the current monetary system.

Ghulam parvez was the founder of parvezi sect which has very limited following and he rejected many authentic Ahadees especially those related to the end of times and the time of fitnah. The good thing is that all of those ahadees are coming true now. A prominent so called scholar named javed ahmed ghamdi is also a follower of ghulam ahmed pervezi and shares his ideology.
 
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Mate cryptocurrency is decentralized unlike the current monetary system.

It may be decentralized but, like I said in my first post here, it operates within the larger Capitalist socio-economic system local and global. :) If you really want at least the local society to disconnect from Capitalism internally and have a progressive socio-economic system then please read this proposal of mine for a new socio-economic system that derives from past and present Socialist systems but also realizes the desire of Communism to have a society without economic classes ( rich, middle, poor ) and ensure that every citizen has a chance at accessing all resources. Though the system retains a money system but is an evolved money system.

Ghulam parvez was the founder of parvezi sect which has very limited following and he rejected many authentic Ahadees especially those related to the end of times and the time of fitnah. The good thing is that all of those ahadees are coming true now. A prominent so called scholar named javed ahmed ghamdi is also a follower of ghulam ahmed pervezi and shares his ideology.

I don't know if something called a Parvezi sect exists. It may be that his ideas are followed by some people whom you call a sect. Yes, he rejected the hadees works. From the same article :
Parvez was a prominent ‘Quranist’, or an Islamic scholar who insisted that for the Muslims to make progress in the modern world, Islamic thought and laws should be entirely based on the modern interpretations of the Qu’ran and on the complete rejection of the hadith (sayings of the Prophet and his companions based on hearsay and compiled over a 100 years after the Prophet’s demise).

After studying traditional Muslim texts, as well as Sufism, Parvez claimed that almost all hadiths were fabrications by those who wanted Islam to seem like an intolerant faith and by ancient Muslim kings who used these hadiths to give divine legitimacy to their tyrannical rules.

Parvez also insisted that Muslims should spend more time studying the modern sciences instead of wasting their energies on fighting out ancient sectarian conflicts or ignoring the true egalitarian and enlightening spirit of the Qu’ran by indulging in multiple rituals handed down to them by ancient ulema, clerics and compilers of the hadith.

Understandably, Parvez was right away attacked by conservative Islamic scholars and political outfits.

But this didn’t stop famous Muslim philosopher and poet, Muhammad Iqbal, to befriend the young scholar and then introduce him to the future founder of Pakistan, Muhammad Ali Jinnah.
Don't you think he was right ? I myself reject the hadees works unless they appeal to me in logic and reasoning. For example, though I can't confirm this for myself, it may be that the stories of the early Muslims including The Last Prophet having reverence for cats may be there in the hadees and these are acceptable while others may be not.

And if you as a Pakistani respect Iqbal then you should also be looking at why he associated with Parvez.

And what hadees statements are coming true now ?
 
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My 2nd update on Shiba 2:34 AM 12 Nov , ( not financial advise, experts critics will be appreciated ). check my first update of 6th nov in this group to compare. writing in urdu on some people request.
As per my first working of 6th November , Shiba 44 tak neeche aye ga, aur 46~48 is safe buying limit. Now we clicked 42 and its going up since then. 2 green lines are our 2nd level support and resistance line of 42 and 65. my last post


Last update ma ap ko aik blue line nazar ayi ho gi graph ma. is time ma explain karu ga usse. for me it is support line.
As per below graph , blue line is support line. jis ki history first bull run se ha. Shiba is blue line se neeche nai jye ga. redline is resistance line. shiba tried to cross it but it failed. yesterday we had stock market crash as well. that causd it to slip down a bit.
first time we had 315% growth in bullish run , then next time 213 % growth hui thi, graph ma mention kia ha , is bar i am eyeing atleast 120% to 150% growth. if it will cross 95~98 , then it means it can shoot up further , and we will eye another zero getting removed.
Yellow start par donot blue aur red line merge kar rahi, it is getting squezed further, is moment where it can go up, or it can crash. it all depends on bitcoin as well. agar bitcoin crash hua to sari crypto down ho jani ha . we will reach yeallow star with in 2-3 days.
agar shib crash hota ha , then it will take down market with it as well. as shiba has too much hype.
agar ye oper jata ha , then eye for 120 ~150% grwoth. it can be up to 200% as well.
too many rumors in market is causing too many account holders. Also i dont see any top 30 whales in shiba doing anything, not buying or selling.





 

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Shib is fine if you have extra money and want to take a risk with potentially big returns, I’ve made a decent amount back from shib, holding till it goes to the moon (hopefully), but it’s not a investment that should be your main portfolio.
 
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