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Bitcoin/crypto currency and Islam

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floppyhera View Drop Down
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Joined: 24 October 2022
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Post Options Post Options   Thanks (0) Thanks(0)   Quote floppyhera Quote  Post ReplyReply Direct Link To This Post Posted: 24 October 2022 at 6:08am
Now bitcoin is also going through a crisis, and it has continued to fall in price for almost a year. In this way, we can say that the cryptocurrency market has lost weight in the global economy and will probably be able to restore it because many investors have already left this project, taking millions of dollars with them. 
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Overslept View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Overslept Quote  Post ReplyReply Direct Link To This Post Posted: 25 October 2022 at 5:39am
I think it's not a good idea to invest in transportation during the pandemic.
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Abdulrashidbala View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Abdulrashidbala Quote  Post ReplyReply Direct Link To This Post Posted: 19 April 2023 at 2:28am
 Just like any investment, it has its risks. But hey, have you checked out fbs trading account? They can be a game-changer! I've been using fbs.com/site/web-trader for my crypto trades, and it's been smooth sailing. You can stay in control and make moves on the go, no stress. Don't let the recent market dip get you down, man. Keep an eye on the trends, do your research, and stay patient. Crypto's got that bounce-back potential! 
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wertyhas View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote wertyhas Quote  Post ReplyReply Direct Link To This Post Posted: 25 April 2023 at 11:22pm
Yeah, the crypto market has been a rollercoaster lately, but don't lose hope, bro! It's all about those ups and downs, right? Just like any investment, it has its risks
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Mughees View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Mughees Quote  Post ReplyReply Direct Link To This Post Posted: 25 April 2024 at 6:30am
Crypotcurrencies operate in a largeely unregulated environment, which can lead to concerns about fraud and exploitation. This lack of transparency can be seen as problematic from an Islamic perspective. Cryptocurrencies are sometimes used for illegal activities such as money laundering and other goods. This association with unlawful activities rasie concerns about their permissibility. If the use of cryptocurrencies causes harm to individuals or society, this could against the principles of Islam. The permissibility of using cryptocurrencies depend on how they are used and whether they align with Islamic principles. We should seek advice from various Islamic scholars who is knoweldgeable about both Islamic finance and the specifics of cryptocurrency before making any decisions. 
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