Satoshi- Over time, everything diminishes, including opportunities.
- You won't achieve the same percentage gains as those who joined in 2011.
- However, when you calculate and compare these numbers with inflation, you'll find yourself consistently on the winning side.
- One day, people won’t measure value in BTC anymore. They’ll measure it in Satoshis.
- It's still early, secure your financial freedom.
Happy Tr4Ding !
Freedom
AKT - The AI Super CloudWe are entering the age of AI. According to MIT, "Interactive massively parallel computations are critical for machine learning and data analysis" (A).
The world is becoming more centralized than ever. Companies with the largest amount of resources will be able to afford the largest amount of computation. According to MIT, "the computing power needed to train AI is now rising seven times faster than ever before" (B 2019).
That was in 2019. Fast forward to 2024. The demand for computation is skyrocketing.
AI is dubbed the final invention mankind needs to create. Such monumental technology will transform the world and create an ultra concentration of power, the likes of which has never been seen before. Who will dominate this power? Corporations. If we thought we already lived in a corporatocracy, we have not seen anything yet.
In comes Akash.
AKT allows the common man, the common researcher, the common company to access vast computational resources to train the neural networks of AI. AKT represents computational freedom.
To quote AKT's website, "You will own your cloud, and be happy".
You will own your AI, and be happy.
A. Reuther et al., "Interactive Supercomputing on 40,000 Cores for Machine Learning and Data Analysis," 2018 IEEE High Performance extreme Computing Conference (HPEC), Waltham, MA, USA, 2018, pp. 1-6, doi: 10.1109/HPEC.2018.8547629.
B. www.technologyreview.com
Road to financial freedomThe recent increase in price of Bitcoin (BTC) from the oversold area is a strong signal of a new bull market. With the current price at $23,369, the technical analysis suggests a potential rise to $240,000 or even higher in the next few years. The chart shows a possible month-to-month movement of BTC, reinforcing this bullish outlook. Additionally, increased interest and adoption from both the public and private sectors in the cryptocurrency market are positive indicators for Bitcoin's long-term prospects. Overall, the trend for BTC is bullish, and the future looks bright for the largest cryptocurrency by market cap.
EUR USD Idea
Good morning, traders in the Asia and London sessions! EUR/USD has opened with a bearish tone and is currently showing signs of an upward rally. However, it's worth noting that the price at 1.05649 didn't show significant upward movement during Friday's session, so it raises questions about the current bullish momentum.
We're approaching this with caution as it involves unnecessary risk. In the bigger picture, we find ourselves in a range high, which doesn't favor long positions. At this moment, the bias for EUR/USD is bearish, but it's essential to consider the mixed signals present on the weekly and monthly charts.
Our approach here is a level-to-level trading plan. We'll carefully evaluate the situation and see if we can capitalize on potential opportunities this week. Remember, patience is key, and sometimes the best trade is the one you don't make. Stay vigilant, fellow traders! Peace out, and let's approach this like seasoned financial Masterminds!
Unlocking the 6 Levels to Financial Freedom
If you’re living paycheck-to-paycheck or stuck in a job you don’t love just to pay the bills, it can be easy to feel as though you’re financially trapped. But financial freedom doesn’t need to be elusive—with some focused and consistent effort, you may be able to achieve financial freedom sooner than you expected. Below, we’ll discuss the different stages of the financial freedom journey
Stage 1: Dependence ✔️
The “dependence” stage of financial freedom can last from your childhood and teen years even into your adult life. If you rely on a parent, a significant other, or someone else to pay your living expenses, you’re in this stage. Fortunately, as soon as you become solvent—that is, when your income exceeds your expenses—you’ve moved on to stage 2.
Stage 2: Solvency ✔️
Solvency comes when you’re able to meet your financial obligations on your own. (If you’re partnered, you can still be considered solvent even if your partner’s income is necessary to meet your total household expenses—since you’re supporting two or more people instead of just yourself.)
Stage 3: Stability ✔️
You’ll transition from solvency to stability once you’ve created an emergency fund of a few months’ expenses, repaid high-interest debt, and are continuing to live within your means. While stability doesn’t require you to be debt-free—as you may still have a mortgage, student loans, or even credit card debt—you’ll have a savings buffer to ensure that you won’t go into debt if you encounter an emergency or unexpected expense.
Stage 4: Security ✔️
You’ll feel financially secure once you’ve eliminated your debt (or have enough assets to pay off all your debt) and could weather a period of unemployment without worry. At this point, money is not just a safety net, but also a tool you can use to build the future you’ve been planning. At this point, you may consider investing in other assets besides retirement accounts — a taxable account, rental real estate, or even your own small business.
Stage 5: Independence ✔️
Once your investment income or passive income is enough to cover your basic needs, you’ve achieved financial independence. A financially independent person can retire at any time without worrying about how to cover their costs of living, even if they may have to downsize their lifestyle a bit.
Stage 6: Freedom ✔️
The line between financial independence and financial freedom can be a fine one; for many, it’s simply the difference between having enough to cover your needs or having more than enough. Once you have financial freedom, you don’t need to pinch pennies (unless you want to), and you can take more risks with money you’re willing to lose.
Now that you know the stages of financial freedom, think about where you are. How much do you need to get to the next level?
What do you want to learn in the next post?
Bitcoin Buy Zone just triggered today 5/9/2022To all my friends,
I created this technique back in 2017. In May 2021 a year ago I published another article "Waiting for the next Bitcoin Buy Zone". Well today 5/9/2022 the Bitcoin Buy Zone just triggered.
You might want to scoop up some Bitcoin for the next few month and add it to your already Dollar Cost Average Strategy. Just Saying
Previous Buy Zones
Oct 2014 - Oct 2015: ($167- $230)
Nov 2018 - May 2019: ($3119 - $7195)
Mar 2020 - July 2020: ($4942 - $10261)
~S
Gold in the next 24 hours End of the year choppiness in the markets are here. Price has been consolidating over my 1750 zone. Price on my intraday level closed bearishly, so I’m gonna be looking to sell around my 1750 zone towards next support at around my 1740 zone.
Gold Sell Limit @1756
SL- 1759
Tp- 1748
Tp- 1742
Tp- 1738
*Only Risk 1-2% of your account
Gold in the next 24 hoursGold is still currently in a downtrend, it respected my major 1750 zone as resistance and closed bearish as well on the intraday level. We could see price fall to 1725 support zone, if that’s broken, we would start heading down towards 1700 zone.
Gold Sell Limit @1742
SL- 1749
Tp- 1738
Tp- 1732
Tp- 1727
*Only Risk 1-2% of your account
Gold in the next 24 hoursGold is still currently in a downtrend, it respected my major 1750 zone as resistance and closed bearish as well on the intraday level. We could see price fall to 1725 support zone, if that’s broken, we would start heading down towards 1700 zone.
Gold Sell Limit @1742
SL- 1749
Tp- 1738
Tp- 1732
Tp- 1727
*Only Risk 1-2% of your account
Gold in the next 24 hours Gold is currently in a down trend, Price broke below major support at 1750 but seems to have found support at 1738 area. Price could buy back up at this point to retest resistance before continuing to play lower to towards 1725 support zone or even lower to 1700.
Gold Buy Limit @1736
SL- 1731
Tp- 1742
Tp- 1748
Tp- 1752
*Only Risk 1-2% of your account
Gold in the next 24 hours Gold is currently in a down trend, Price broke below major support at 1750 but seems to have found support at 1738 area. Price could buy back up at this point to retest resistance before continuing to play lower to towards 1725 support zone or even lower to 1700.
Gold Buy Limit @1736
SL- 1731
Tp- 1742
Tp- 1748
Tp- 1752
*Only Risk 1-2% of your account
The 7 Levels of Financial Freedom
Hey traders,
In this article, we will discuss the ladder of financial independence.
Level 1 - Solvency
You cover your debts and living expenses with your income.
Being solvent is considered to be shaky states. Once you stop earning for any sake of a reason, you immediately become in debt.
Level 2 - Stability
Besides being able to cover your living expenses and debts, you also have an emergency savings.
The emergency savings usually cover 1-2 months of your basic expenses, making your state more sustainable.
Level 3 - Debt Freedom
You are free of debts and that lets you start investing and save even more.
It is the transitional level in our ladder from unstable to a secure state.
Level 4 - Security
Your investments cover your basics expenses.
While you keep earning, the money that you invested start bringing more money fortifying your state.
Level 5 - Flexibility
While your investments are still not sufficient to cover all your costs of living, it fully compensates 1-year costs of your basic expenses.
Level 6 - Independence
Your investments cover all your living costs, letting you live wherever you want and spend on luxuries.
Level 7 - Abundance
Money is no more a concern to you. You have more than you and your children will even need.
The understanding of the level where you are is crucially important for building your investment strategy.
Keep working and learning to constantly climb the stairs and grow your wealth.
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
BTC shark or AB=CD#BTC/USDT
$BTC shaped double bottom or shark pattern.
🐮 so break out from descending resistance which is the same with resistance zone around $21k, will increase price to next resistance zone around $24k.
🐻 but if bulls don't succeed to break out and price going to break support zone around $18k, then next supports are at $16300 and $14800, that will make a AB=CD pattern.