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Bitcoin Gurukul
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#Bitcoin is traceable. Cash is not. Cash is printable. #Bitcoin is not.
#Bitcoin is traceable. Cash is not.
Cash is printable. #Bitcoin is not.
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Will we see an Altseason soonโ๏ธ Before investing in any crypto token, you should understand the crypto money flow. Without it, all of your purchases will always be in red๐จ๐จ Here's how it works according to this graph๐ Growth of real life assets stimulate the investments into #Bitcoinย . As a result, we see growth there. And during the moments of 'ATH' people are more likely to sell this coin and move money to Ethereum. Now, flows into it causes even bigger growth than we saw on BTC. (Why it happens? There's one rule - the lower market cap is, the faster token grow with each money flow) History starts to repeat itself - more profit on Ethereum make people move that money to Altcoins.๐ฐ And at this point we see pumps, fomo, mania, big wins... Use any term you want... So the main takeaway here - altcoin seasons don't start by themselves and over the night. But rather after a long period of BTC and ETH growth.๐ค
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I've analyzed the most shilled coins in past 12 months, and here're my findings - $BONK recorded the highest growth in the top 20 shilled coins, it did 62.42x but many people avoided taking large positions in memes, so they did miss gains too. - $SOL is the highest gainer from Blue chip coins, it recorded 7.41x gains in the past 12 months, but majority of the people avoided buying SOL when it was cheap, thanks to FUD created by Youtubers post FTX crash. - $APE is worst performer with 63.6% loss, apes lost hard here. - Most of the Youtubers mentioned $MATIC $DOT $ATOM $BNB $LINK $OP as their top picks, most of them underperformed. - Top 5/10 Token Mindshare Index including SOLANA have given close to 155% ROI in Past 12 months while #btcย did almost close ROI if you decided to HODL in past 12 months. Methodology: I've used token mindshare data by @_kaitoai to identify the most talked coins on social media in past 12 months.
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22MAY NVIDIA EARNING REPORT & AI NARRATIVE 4days to Q1 earning report of Nvidia going to publish, forecast already saying $24B of earning profit this quarter. We are ready seen crypto AI & DePin narrative growing with GPU revolution. Some AI & DePin category coins to watch out ๐ $RNDR $AR $TAO $OCEAN $FET $AGIX $SPEC $DEAI $ORAI $AIT
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๐ญ๐ฌ ๐ ๐ผ๐๐ ๐๐๐น๐น๐ถ๐๐ต ๐ง๐ต๐ถ๐ป๐ด๐ ๐๐ผ๐ฟ ๐๐ฟ๐๐ฝ๐๐ผ ๐๐ป ๐ฎ๐ฌ๐ฎ๐ฐ-๐ฎ๐ฑ ๐คฉ 1๏ธโฃ Pension funds buying Bitcoin 2๏ธโฃ Governments mining #BTCย 3๏ธโฃ #Ethereum Spot ETF Approval 4๏ธโฃ FED rate cuts 5๏ธโฃ Trump winning election 6๏ธโฃ FASB rule implementation 7๏ธโฃ QE starting (more money printing) ๐จ๏ธ๐ธ 8๏ธโฃ Big companies betting on #RWA, #AI narratives 9๏ธโฃ #Bitcoinย supply crunch on OTC desks and exchanges ๐ The SEC losing #crypto cases against Ripple, Uniswap etc. and Gary gensler getting fired Follow @Bitcoin Gurukul for super early updates
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๐ฎ๐ณ INDIA Crypto Developments (2013-2024) โ 2013: RBI issues an advisory against cryptocurrency โ 2017: The finance ministry said that #crypto is a Ponzi. โ 2018: RBI issues a circular banning crypto โ 2020: The Supreme Court overturns the RBI's crypto ban. โ 2021: The government reiterated its plan for banning and prohibiting cryptocurrencies. โ 2022: The Finance Minister announced a 30% tax and 1% TDS on crypto assets. โ 2023: The Finance Minister calls for global crypto regulation. โ 2024: The Indian government banned foreign exchange URLs and removed them from the App Store. โ 2024: #Binanceย and #KuCoin became FIU-compliant. If you compare this with US crypto developments, India is still where the US was in 2013. India needs to act quickly; otherwise, they'll be left behind. #reducecryptotax
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