Oh, so many media organizations and so-called journalists, there is a tax on crypto, even 2 taxes, I don't know why you made a fuss, just because you think about yourself and don't think about the citizens just to get interaction, so what happened now? This is a very nice cover for you. Why are you such a liar, brother? What kind of journalism do you do? Your work has become a lie. You feed on the lies you make up. Rude! If you have any respect for your job, you will say that we made up these news and apologize to the public.

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Some of our friends react by saying that foreign exchanges will be banned regarding the cryptocurrency bill. Some people ask whether global stock markets will be banned.

Friends, there is nothing banned that concerns you. Everything continues as before. All users will continue to trade as they wish on global stock exchanges.

So, we continue all our transactions on Binance. This is legally free now. That's more beautiful.

So what is prohibited in the offer?

There is no ban, friends, there is a requirement to be subject to the CMB license.

Situations such as foreign exchanges opening Turkish websites and these exchanges advertising in Turkey will be subject to the CMB license. So again, there is no ban, there is permission, there is licensing. This is a situation that must exist for the protection of citizens.

Additionally, this is why Binance opened Binance TR years ago. Leveraged transactions have not been possible in Turkish for years. Since Binance was aware of the potential regulations that may come, and because it has the most licenses in the world and immediately complies with the regulations of that country in every country it enters, it took these actions years ago and implemented them as if there was a law, even when the legal status was not there.

In summary; At Binance, all our transactions are legally free, that is, subject to our choice. As investors, we continue to use Binance Global and Binance Turkey in the same way as we have been using them until today, and it is now legal. I hope that has been revealing.

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AK Party's cryptocurrency law proposal was presented to the parliament today.

Last week, I shared my thoughts on crypto law and taxation with you and made it clear that I did not think there would be a tax on users.

Today, this issue has become clear and just as I told you in the bill, no taxes will be collected from users, that is, investors.

This is a great development and with this bill, a new positive era will begin in crypto in our country. May this bill be beneficial to our country and nation.

For details about the cryptocurrency bill, click on the link below:
https://www.binance.com/tr/square/post/8181598731218

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Cryptocurrency Bill Presented to Parliament: Good News for Those Waiting for Tax Regulation!

The new cryptocurrency law proposal, which will regulate the cryptocurrency market in Turkey, was on the public agenda after the announcement of the Minister of Finance Mehmet Şimşek. The details announced by AK Party Group Chairman Abdullah Güler and AK Party Deputy Chairman Ömer İleri indicate important changes for cryptocurrency users and investors.

Doors Closed to Foreign Stock Exchanges

One of the most striking points of the cryptocurrency bill is the restrictions placed on foreign cryptocurrency exchanges. According to Abdullah Güler's statements, due to the difficulty of auditing crypto asset providers operating abroad, the operations of these exchanges in Turkey will be terminated.

Prison Sentence for Those Operating Without a License

Serious sanctions are also foreseen for unlicensed companies and their managers. It is planned that those responsible for unlicensed cryptocurrency companies will be sentenced to 3 to 5 years in prison.

Taxation and TUBITAK Approval

There is no article in the bill regarding taxation, which users are eagerly waiting for. However, a total revenue share of 2% is envisaged for the Capital Markets Board (CMB) and the Scientific and Technological Research Council of Turkey (TÜBİTAK). In addition, approval from TÜBİTAK will be required for the cryptocurrencies and tokens that exchanges plan to list.

AK Party Group Chairman Abdullah Güler clearly stated that there is no regulation regarding taxing users and investors:

"Currently, there is no regulation regarding taxation in our proposal."

This cryptocurrency bill could be an important turning point for the future of the cryptocurrency market in Turkey. A new era begins for investors and users.

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Bitcoin ETFs vs. Bitcoin Direct Purchases: Which is Better?

There are two popular ways to invest in the cryptocurrency world: Bitcoin ETFs and direct Bitcoin purchases. Both methods have their own advantages and disadvantages.

Bitcoin ETFs offer investors the opportunity to indirectly invest in Bitcoin. This is an ideal option especially for investors who are new to the cryptocurrency markets or do not want to trade in these markets. Because ETFs are traded on stock markets, investors can invest through familiar brokers. However, ETFs may have additional costs such as management fees, and investors do not gain direct ownership of Bitcoin.

Direct Bitcoin purchases give investors full ownership of Bitcoin. This method allows investors to store cryptocurrencies in their own wallets, thus offering full control and ownership experience. Direct purchases give investors the chance to be directly affected by fluctuations in market prices. However, this method requires more knowledge and attention to security and storage.

As a result, the preferred investment method varies depending on the investor's risk tolerance, market knowledge and investment objectives.

Which one do you think is more advantageous? ETF? BTC? I'm waiting for your comments...

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The source of all evil is lack of love. Because no one does harm to the one he loves, or kills the one he loves. Be so loving that your children and loved ones will learn to love by taking you as an example. It is very difficult to teach things verbally, so try to be a role model with your actions.

Example: Short transactions of Ahmet and his bots are open. Since the US inflation data is announced as expected, market makers immediately push the BTC price up and like Ahmet. Then, Ahmet, who watches the market, and Mehmet, who sees the rise in the BTC price and opens a new transaction, open a long transaction. Then Israel fires a missile or other negative news comes. Or, when the liquidity I target is accumulated inside, without waiting for any news, market makers immediately sell heavily, this time liqing Ahmet again, but this time the liquidity increases because the newcomer also liqs Mehmet.

Now let's come to the only question in mind: What will be the next price movement of#BTCaccording to this scenario? I'm waiting for your comments.

Additionally, these are my personal opinions, they are not definitive and are not investment advice. It is for informational purposes.

My article is finished. (2/2)

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US inflation data was announced as 3.4% on an annual basis. The expectation was 3.4%. Bitcoin started to rise because it met expectations.

Before inflation was announced, BTC was trading at $62,500. Since inflation came as expected, the price of $BTC hit $65,000.

In my opinion, prices are not generally determined by the news, prices are determined by the news. However, the perception is given as if the news determines the prices, so that the manipulations of market makers are not obvious. News or developments play entirely into the hands of market makers. They wait for such news and developments to direct the market. Then they immediately take action and take action. Because millions of people with BTC do not follow the inflation data at that moment to buy or sell. This type of high volume strong body candles usually belong to whales and indicate their manipulations.

If I were a market maker, when such a development occurred, I would hide behind that development and immediately naturally push the price up and blast the short sellers. Then, with the price rise, I would make people think that this rise would continue and attract new investors and more new liquidity. Then I would wait for time, wait for news again, this time for negative news, and this time I would do the opposite of the same candle. I would even do it without waiting for news. I wouldn't always wait for news and reveal my strategy.

The continuation of my article is in my next article! (1/2)

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When the unique view of the holy lands meets the colors of Binance Turkey, I carry the story of financial freedom and technological progress in the fabric of this fabric that surrounds all corners of the world. 🤑

Location: Sivas-Divriği-Cürek

Crypto Regulations in Turkey: Short Selling and Leveraged Transactions Are Banned!

Türkiye is preparing to take an important legal step in the crypto asset market. After long studies, a new bill that will define crypto assets and control their buying and selling transactions has been prepared to be presented to the Parliament. With this proposal, short selling and leveraged transactions in crypto assets will be prohibited.

By defining crypto assets as "intangible assets", the bill aims to ensure that transactions are carried out in a transparent and reliable manner. The Capital Markets Board (CMB) will be authorized on issues such as crypto asset issuance and licensing of trading platforms. In addition, all transfer transactions will be recorded and compliance with the regulations will be obliged by the Financial Crimes Investigation Board (MASAK).

Considering the sudden and harsh changes that may occur in the prices of crypto assets, credit transactions, short sales and leveraged transactions that may increase the risk will be prohibited. Investment consultancy and portfolio management services will also be regulated in accordance with the principles and principles to be determined by the CMB.

In the draft law, due to the risky nature of crypto asset investments, an insurance mechanism will not be created in this area and investors will be exempt from compensation. Additionally, criminal sanctions will be imposed on crypto asset service providers operating without permission.

These regulations aim to make Turkey's crypto asset market safer and more regulated, protect investors and limit speculative movements in the market. If the bill is accepted in the Parliament, Türkiye will enter a new era in the crypto asset market.

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I think that the tax in crypto will come to brokerage firms, not to users.

It is the brokerage firms that get the biggest benefit from this business.

Even with this method, users will still pay taxes indirectly, if not directly.

This is what it should be! If they are smart at all, they should attract more investors to the country with zero taxes, rather than taxing investors and evading them. Thus, they will generate more tax revenue from brokerage firms than the tax coming from investors. Moreover, they will not miss the investors.

In summary, stay calm and relaxed; The user will not pay taxes or will pay a very small amount.

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Jim Simons, a giant figure in the world of finance and mathematics, passed away the other day at the age of 86.

He has been called the “Greatest Money Making Machine of All Time” with an incredible average annual return of 62% from 1988 to 2018, highlighting his mastery and innovative approach to investing.

Here are some of the inspiring words left to us by this genius mathematician and visionary investor:

“Quickly admitting you are wrong is the first step towards success in this field.”

“The brightest ideas often come at the most unexpected moments.”

“It is not possible to predict how much time you will spend solving a problem.”

“If you want to understand a concept deeply, you have to interact with it.”

“Mathematics is like a universal language and lies at the basis of everything.”

“Risk management is one of the cornerstones of investing and should never be neglected.”

“If you really want to learn a subject, try teaching it to others.”

“I don't believe markets always act logically, but I can analyze their statistical properties.”

“If you want to fully understand a subject, you must simplify it as much as possible.”

“No matter how aesthetic a theory is, if it is not confirmed by experiments, it has no practical value.”

Jim Simons' legacy will continue to revolutionize the world of finance through the funds and mathematical models he founded. At the same time, he will continue to inspire future generations of scientists with his passion for science and education and his generous donations.

Why isn't the dollar increasing? Why are interest rates rising?

Because they are suppressing the dollar. Why are they suppressing it? They are pressuring you to believe that the dollar is not increasing. Why do they want you to believe so? To get out of Exchange Protected Deposits (KKM).

So, would you leave KKM just thinking that the dollar is not increasing? No, then interest rates should also rise so that you can somehow get out of KKM, but do not buy dollars, do not buy gold, bring the money to interest. Let them collect the dollars you have.

There are no TL left in exchange offices. Those who exchange their dollars are running towards interest.

Technically and mathematically, there is no possibility of the dollar falling under these conditions! They still don't realize that they are creating permanent problems with temporary solutions!

The man bought a house and has been paying the debt for 4 years. From now on, it will continue to pay debt for perhaps 10, 15 more years. Maybe he will continue to work in modern slavery to pay off this debt, but he thinks he has gained what the bank lost.

He can sell you the loan because he makes you think so. If he doesn't make you think about this, how will he be able to sell you the loan? Without housing, banks will collapse. Housing is being built for banks.

But he doesn't want to force himself on a 3 lira house with a 30 lira loan. He has been paying for 4 years and is happy. The bank has already multiplied its money. There was no value for that money anyway for the bank, they printed money with digital numbers at almost zero cost and bought your 15 years of labor in return. You still think you won!

Housing loans are not given to people to meet their need to buy a house, they are given so that banks can make money.

BİTCOŞAR Family was not one of those who fell into the trap again.

Unfortunately, many people fell into the bull trap again and were liquidated.

I warned you not to fall into this trap when Bitcoin was at $64,000. Then BTC rose up to $65,500, followed by a short gain of over 6% in 2 days.

Those who follow us would not have long positions and would have the opportunity to make profits with short positions. Be careful which ship you're on. Because opportunities always arise. Some ships will take you to lose, some will take you to win. I'm trying to do my best for you.

BTC will remain in good taste if it closes the day below the $61,500 support level.

This article was shared on May 9, 2024 at 01:23.

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A pheno shared this today. It's a joke, really! And this pheno has nearly 300 thousand followers. It's really weird. What a shame for these 300 thousand people, brother!

I have been sharing this since March 15 and I have prepared everyone for it. Profits were taken and converted into cash.

But this pheno is sharing this on May 1st. It just happened to me too. Sharing comes down to discovery.

None of my X posts are discovered. I bought a paid tick from Elon Musk, but it still doesn't drop. This man's son will be the new generation messiah. I don't understand what Elon Musk has to say about me. I now think that my account

How many posts do I have? Not even one of them gets discovered on Twitter. Before I got the blue tick, I was getting more interaction.