Bitcoin Forum

Year after year before the cross over service there will be promises of a new beginnings, new hopes, vision, wishes and resolution
Government will come up with the budget of the incoming year and and when you look at the budget it is really interesting with hope's of having a better year ahead as in the budget it capture virtually everything including the economy and other aspects of the nation
But every year that passes on the economic situation is getting worse by the day, infact inflation increase with each year that passes making the living standard of the poor unbearable
This makes me to think and have come to the realization and conclusion that surviving in this present economic situation needs a total different mind set such that will make you to think out side of the box
Investing in crypto currencies like Bitcoin is not a bad idea at all

Sounds more like a rephrase of our everyday discussion in the board. It's absolutely true that coping in an inflated nation requires a renewed mindset, perhaps investing in bitcoin is another hedge to inflation as the volatility of bitcoin is also a means of making profit.

For someone who is capable of understanding the crypto space it's more advisable to invest early as the world economic shows no sign of betterment over the years. I believe investing bitcoin, real estate and other stuffs like stock is a practical way to help ones life in situations like this.

At the end the theme of the post is "invest in bitcoin" in order to be above the economical crisis in the world.

People really need to think outside the box in order to survive in this economy. If one is to stay on one job and not have a side hustle or a business, you will not be able to survive in this economy and not get enough savings for the rainy days. I am earning quite handsomely on my job, but I still have a business and a side hustle that adds up to my savings and my money for investment. In this economy, you'll never know when things will get sour for you, so it's always good to have a backup plan and not stick to the traditional methods of keeping a day job and tending to your family at the end of the day. A little bit of sacrifice, but it always goes a long way.

That's true, you need to have that open mindset that you're going to think about the future and your survivalship while you are on this world. It's going to be a long cycle that you have no idea if it's going to take a while or not but what's important is you're taking that initiative of investing. Because if you're not going to do anything as of the moment that you're able to invest or find another way to increase your source of income you're wasting your time and moment because you don't do anything. Look at the rich people, they keep on hustling as if they're going to be poor for the rest of their lives but that's not how it goes. They are working hard still despite that they can be settled until the end of their lives.
That is because all of us are surviving and adapting to the economy changes that we have no idea if by next year if it's going to be fruitful to our country and economy or we're going to remain stagnant. With all the wars that are happening, economic troubles, recessions, they're almost everywhere nowadays and the impact that it gives to most countries is certainly affecting each of us.

Our old men also complaint technically the same. Two examples, 1930 Great Depression and 2008 financial crisis.
Purchasing power of one US dollar (USD) in every year from 1635 to 2020 weakens and you'll find 2020 is the lowest.
So, when you look at the bigger picture, Inflation is not unique. it is in our parent great grand parent and our DNA too.
From different perspective, you can hate me on this, I believe it is necessary to have this bump to nurture innovation (privately or communally).

At all times the same economy is part of a boom and bust cycle. There will be good times, when money flows easily and credit is available for even the most spurious of ventures and even to the worst recipients. Then there will be bad times, when the economy seizes up, banks stop lending to all but the highest credit applicants and lots of jobs are lost. Since COVID we've been in good times, but it can sometimes be hard to determine when the bad times are upon us. Considering how high interest rates are right now - it's causing people a lot of pain in their finances. The best mentality is always keep improving your skillset and keep a hustler mentality.

Well keeping the recent scenario of how to survive in economics crisis being held or happening within the upcoming tenure of time is tremendously a dilemma .
 
Survival scenes keeping in view the growth , standard and being having such a machiavellian approach towards life made it difficult but investment in some digital earning platforms like cryptocurrency is better to gain economic stability .

Taking responsibility for your economic situation will be your first step towards financial stability. Regardless of the general economic situation, if you are able to think and create a system for you to profit from, you will not complain about the economy like others who are jobless.

An example of this system is a switch from just a consumer which is at the bottom to maybe a producer or wholesaler.

Individuals who are mainly consumers in society will feel the effect of the economy more than people who are producers and wholesalers and can easily adjust the market prices to make sure that they stay in profit.

But besides investing in bitcoin, do you have any other ideas you want to share with everyone? Because we are on the bitcoin forum and everyone has invested in bitcoin and this is not a new mindset or idea.

In addition, you need to work, do business and save to have money to invest in bitcoin. You cannot invest in bitcoin while unemployed or your income cannot even support your daily life.

For me, the only way to adapt to the changes of this increasingly harsh life is to always change my thinking, both in work and investment. Don't be stubborn or cling to something old and ignore new investment opportunities that can bring high profits. But to do that, what we need to do is be willing to step out of our comfort zone, and I think not many people can do that.

Yea, but it is only when your mindset is not on track that you will need a new mindset only you are referring to diversification of investment, yea I am a good Bitcoin enthusiast but there is one thing I want to let you know and that's for you to investment in Bitcoin you must have money that you have either save or in your possession it doesn't really matter the strategy that you want apply for your investment, there is a point i want to make and that point is, what new mindset will a poor man that has know clue about the economy or Bitcoin investment have to survive in the present economic era.
Though in this inflation driven economy of the world at large diversification is needed at all time but the problem remains how to carry the masses along, it doesn't matter the mindset you have at the moment what matters is the actualization itself.

The way this economy is going on currently is good, and everyone should find a way to survive. Because the cost of goods is high, not everybody can afford to buy what his family can eat on a daily basis, and the cause of this is a lack of jobs.
You expect a person to go find another source of income or start a business, and there's money. How is it going to be possible when he's suffering to survive in these difficult economic situations. They said that is money that they're using without the money, any business you try to start won't be possible. The same thing is true with investment; you can invest in Bitcoin without having a successful income.

I don't know man, at this point it seems like you don't only need a new mindset, you literally need another job to supplement the rising prices and the ever-increasing taxes that come with it. It's fucking sad that the upper echelons in the industry and society is just able to do this willy-nilly because someone said the economy is in shambles, and us at the bottom can't do anything about it but agree and submit. Makes me want to be an anarchist sometimes lol.

At the end of the day, it's high time for us to realize the importance of not only working for money, but also making money work for you. People who can do so must keep in mind that they need to invest on anything, doesn't have to be crypto, and make sure that their finances from future-proofing it to making sure that they have money for the rainy days are kept in check.

Enough of my tirade already. You already know how things roll these days lol. Just be smart with your money and be smart with making your money. Once you're able to do that, you're already halfway into financial stability and freedom.

The only person who truly cares about the conditions we experience and face is ourselves. And the one who will be fully responsible for what our future will be like, is only ourselves, because there is no one we can rely on, except ourselves. And because of that, keep fighting for a better future, because we will never know whether economic conditions in the future will be better than now, or vice versa. And because of that, it is quite important for us to be able to set aside the money we earn, whether every day, week or month, to fill the savings we have and the investments we make. because having investments and savings is quite important, to answer all the problems that might occur, whether in the near future or otherwise.

But before talking too much about investment, you need to know that every decision you make has its own consequences or risks, including deciding to start saving and investing.

The words might come easy but not so well the action.
Let’s not forget how cost of goods and acquiring some services would increase without a significant increase reflecting in the salary that is supposed to foot these bills.

Now the common thing is to cut cost. Coming from someone that is doing pretty well, it might easily be achieved, not without its strokes but yeah, you could still find life with ease just without some excesses but, for those that struggle to live day to day, you really don’t get what to cut. Your just in the struggle.
Your chances at some good living would be getting other jobs to support your source of income.

Actually,and asides bitcoin there are  several other ways to ensure and maintain a healthy financial life or experience.The truth is that at every given time,someone's income reduces compared to the cost of living in particular.The cost of living is obviously not corresponding with one's finances and income.
The chances  of you living well and trying to ensure you meet unexpected events has been terminated by some economical factors which  doesn't seem to Change anytime soon.

Living very hard or things getting worse for people is as a result of not not renewing our mindset, and how do we renew our minds is by engaging ourselves with a productive Job or even acquires some skills by ourselves than to keep waiting for church (gospel preacher) or for the government. We know that government has their rules to play but we shouldn't be overwhelmed with their promises or their sweet words towards our lives or even haven to entirely rely on our prayers.

We know that African's believe on prayers but we should also give attention to work because it's same God who said " I will blessed you through the work of thy hands" but if you don't have jobs or something doing how do you think he will blessed you for your life or in everything we do, that's why we see people sleeping in church praying day and night without even results because they have fails to understand that when you pray you need to do something physical for him to bless you.

Seeing this post, I took a guess that you're either from the same country as I am or from another African country. Africa is a continent where politicians say something they don't  intend to do. They know they can do all that and get away with it as their citizens hardly hold them accountable. It's a big shame. To make matters worse, the same thing the politicians do with unfulfilled promises is what those in the religious circles also do. Every new year, there are declarations upon declarations of prophecies that don't come to pass. Yet, their congregations still worship and adore these pulpit bandits like they're worth anything other than their mere speculations.

Yes, it's really not a bad idea. However, it's paramount to know when to invest and also when to take profit. Otherwise, one won't have a good story to tell about Bitcoin/cryptos.

We have come to a time where it has become harder and more complicated to earn money due to expensive living costs.

We now have to think of other ways to earn money and I know it is proof of a bad system but nowadays having only one job isn’t enough and you need to have some other job sidelines. Fortunately, investing in bitcoin isn’t as physically taxing as other jobs would be. Yes there’s a lot of effort time and money that is invested but in total I think it is the best option to earn money.

Well the governments like US have been in huge debt for years. And people have been falling for a collapse for decades and still hasn’t happened.

Covid made the situation worse because it went up exponentially. Sure we got higher interest rates but we also have inflation still. Last cpi was like 0.5% or so. It should be around 2% for the entire year. I don’t see it going to 2% anytime soon. So rates will stay higher for longer. Not good for mortgage holders but good for bond holders.

Surviving in this economy always need a new mindset because the world keep evolving and you need to adapt with the change, failed or slow to adapt with the current economy, you will lose.

If you think the current economy is worse than before, it's better for you to make a research first to know how bad are the economy in the past.

Poverty in the world always decline every year, in means the economy always improved every year.

https://imgvb.com/images/2024/04/30/c07ece709c4bd3a203831909d8a335c8.png
https://www.statista.com/statistics/1341003/poverty-rate-world/

The economy is not static, so what worked before will not necessarily keep on working, and jobs that were lucrative decades ago, stopped existing as now we found a way to replace those people.

Then people must never assume they can keep doing what they have being doing for the rest of their lives, and instead they must take the attitude that at most they could keep a job for 5 to 10 years, and after that time is up, they may need to find a way to do something else or change career paths completely, a very different environment than what our parents faced, but it is what it is.

The price of goods and basic necessities is also increasing day by day, people are indirectly forced to have to buy them because it is a necessity that cannot be avoided. Well, related to the current trend, especially the general public has heard a lot about Investing in crypto currencies, such as Bitcoin, can be a form of innovative approach in this regard even though there are investment model options that like short and long.

In general, it is described that if someone invests with Bitcoin, it can also be considered as a hedge against inflation and fluctuations in fiat currencies, but it is wiser to first meet all the main needs in our new family, enter and start the investment journey consistently. Even if there is new news coming from the government in an effort to mitigate this, we will follow it and if it is suitable, we will also be actors in the program so that it runs well and successfully.

Yeah it's really necessary things changes everyday some from good to better some from bad to worst and some good to bad depending on how you as an individual handle your things.

There is a little secret people don't know many may know but still refuse to let go of it, many may have strategized very well and your strategies may have worked for you for the period because it tallied very well and till now in this bad economy many with their open eyes still strategies that way many really need to change their mindset and mentality in some occasions to grow and cope with present day things.

This is so true that with the changes in time, we should change our mindset as well as government changes and that government changes laws, rules, and regulations and one should change his/her way of thinking or mindset according to new Rules, Laws, and regulations. If we still stick to the old mentality the chances of making losses will be higher as the old mentality will not set well in the new era/environment of the current time where we all are facing Inflation rates going high.

Although the fact is that we have made a good mindset and suddenly the environment changes because of changes in rules laws and regulations because of the coming government so the mindset we are stick to will be useless somehow that is in my point of view we should keep changing our mindset, way ofthinking only if needed.

You all have heard this before but life is a battle field. In a battle field your goals are to destroy your enemies before they get to you and to try as much as possible to say alive. I have come to believe that such enemies that we have in the world presently are the governments, and the corporations. The governments do all they can to provide just enough for the citizens but it has to be so little that the citizens still have to depend on them. You should understand why they hate Bitcoin. Bitcoin is freedom, specifically freedom from them. And when the people are free, so are their minds. The corporations are the second enemies. They want us to be tied to them working and slaving so many years for them only to end up miserable, in a job we don't like with shitty supervisors and bosses whose only goal is to please the share holders. Bitcoin once again gives us freedom from this one. I don't want to survive in this economy, I want to thrive and dominate. That's why Bitcoin is one of my investments.

The key on here or something you must do;

1. Vote for those government officials which do fit out for the said position and not to those who do have that bad records or issues about corruption and correlated things.
2. Dont rely yourself about those government aid and assuming about economic betterment just because you have seen those budget numbers.

There's no way that we could really be to assure that those budget would really be allocated and would be integrated or be materialized. Everything is something that you do really need
to do with your own without having that kind of expectation with any help. You are the ones who would really be making yourself that put up neither on a hard or good situation
because if you have seen that economic situations to be worst then it would be common sense that you would really be needing to find up some alternative on which finding up
other income sources so that you would really be able to sustain yourself on this worsening condition.

When you keep on looking up to the government for things to get better you will just remain where you are without going forward but when you give yourself a task that everything depends on you,  despite how things are you would always have a solution for yourself.  The economy is hard everywhere and one needs to have a productive mindset to achieve something good.  This is not a time that you can rely on the government because looking at the economy the government is really struggling too. We are in the world that individuals needs to encourage themselves to work hard to make life better.

Before now we depend on the government to provide jobs, we depends on the government for loans and scholarships but this time their is nothing like that again. People needs to have the mindset productivity on how to generate income as source of income.

If you talk of survival, I'm afraid Bitcoin isn't the perfect choice. Bitcoin doesn't provide you daily, weekly, monthly, even yearly profit. Bitcoin isn't like that. Bitcoin needs long-term hodling for an almost certain profit.

In a difficult economy, multiple sources of income is necessary. On top of your regular work, a side hustle or two will significantly augment your limited income. A small business which you don't micro-manage could also be added. All of these would give you immediate income.

It is only when you have extra savings, surplus in money, that you have the luxury to add Bitcoin to your assets. If you need to continuously roll your funds to be able to earn, Bitcoin may not be for you.

There is no denying that in any economic situation, one has to think outside of the conventional wisdom and act upon it for self-improvement. Competition is increasing day by day in the world and to survive and accelerate development in this competitive market, one must think beyond the traditional work. For example, when people plan their future with one field of work, we have to connect ourselves to multiple fields of work. One of the timely considerations is to selectively invest in viable cryptocurrencies. But keep in mind that it is not wise to invest in anyone. Diversification is very important in investing.

There's nothing to change in how we think besides the fact that the government and the big businesses are screwing us over and over and that we're all just taking it. The productivity has risen for a really long time but the salary hasn't gone up to any significant level for a really long time and they still keep saying that we're lazy that's why we get paid less when in reality, we're getting paid less so they can have more for themselves. Don't believe the propaganda that changing how you think about work is going to get you that salary you've dreamt of, it will never be the case, you're already working hard, they just don't want you to know that.

So "thinking outside the box" is investing in Bitcoin? I don't see anything new in this statement, Bitcoin has been an exciting investment for some time, but there is nothing new in "investing", it's not thinking outside the box. Investment in Bitcoin or some other assets should be long-term, I mean we can say that long-term investment will bring profit, but that will not help you in "daily" survival.

Thinking outside the box in this context is having the ability to adapt to new circumstances if you have to... like moving away to some other place where you can have a higher income with the same set of skills. It's never an easy step to make, especially if you are going on your own, just with your backpack, relying just on what you know and your skills. Once you have a stable income it will be much easier to invest in some long-term assets like Bitcoin is.

Let the mind set be on cryptocurrency investment, because many investors have used it to eliminated poverty from their entire family by saving huge amount of capital to invest in Bitcoin, which is the most favourabe coin you can invest to increase your wealth in the future. If you are still waiting for government budget to affect your life positively, you are wasting yourself time, because the budget will never stop people not to experience hardship in the country which we have experienced such challenge many times from government. Since, many people have discovered that Bitcoin is the best coin to store your money, it has helped many people not to depend on government before they can achieve their plans in the country.

Inflation has appeared in almost all the countries of the world. Almost everyone is a victim of it. Everyone is very worried about their money. Because with inflation there is a possibility of bank bankruptcy. So you should decide to invest in bitcoin while you have time. Also, keeping money in the bank is not worth it.  Can be invested in land, can be invested in gold.  And those who are aware of bitcoin can invest in bitcoin. But investing in bitcoin will be the most intelligent.

I agree with what you said, don't expect too much from the government, what we have to change is ourselves, fight your laziness, otherwise you will be oppressed by life. Even though it feels hard, I am sure that one day there will be results. Look at how rich people work, they are very old but their fighting spirit is like that of young people in seeking wealth. If your economy is stable, there's no harm in seeing how rich people maintain their wealth, either through investment or by increasing their business.
We can't just rely on one income to survive, we have to look for ways to generate other new income.

Every project promised in the budget of government isn't completed and some of them might have the record as completion while all the money will go into the pockets of politicians. As individual level we can get out of this system by making more money in one or other way but as a whole country can get better only if things go right such as from picking the right people to lead the nation.

Yes thinking about bitcoin investment is not a new thing and it will be very difficult for people who do not have enough income for their daily needs, it will feel heavy especially when we need to hold bitcoin in the long run to get a decent profit at least one cycle or 4 years, unless a trader may still be possible but it is also not an easy thing, only a few people can do it to get profit in a volatile bitcoin market situation.

Yes that way can be done as a concept we need to go out to be better in terms of work and income, but if you want to think out of the box again we must be able to produce products that are really needed with the current state of society or have a system or product as a solution to the problems faced by humans today, so that it can provide massive selling power if we can have a problem-solving product.

We are always in a state of hope and never think about how to not depend completely on the government. The revolution occurred amidst technological advances and job sources were wide open everywhere, but because people didn't want to start, it made everything more complicated. Now to work we don't need an office or special place because internet services are available everywhere.

Life needs to be prepared and now the bad economic conditions have forced people to move to find solutions. Inflation has made several sectors start to have an impact and finally people are starting to have difficulty balancing income and expenses. In the midst of current economic conditions, we as individuals are required to work smarter and optimally because relying on energy/physical does not necessarily mean we can get out of economic difficulties. On the other hand, people take advantage of all the possibilities that exist and they will try something new with the availability of several sources such as investment.

Investing in bitcoin is not bad, but can people do that amidst economic instability? Never mind talking about investment, it is even difficult to meet people's daily food needs. To get out of this problem, we have to work long before it happens because if we work hard when inflation occurs, it is not a long-term solution but rather an effort to minimize the short term.

Bitcoin is certainly not the best option for stable earnings these days. Its price is constantly fluctuating, which makes it impossible to count on a steady income. It is especially insulting when, as today, its value drops sharply. If you have a family, then you need to have a huge amount of money in cryptocurrency in order to sustain your family and not worry about tomorrow. Investing in bitcoin can bring profits, but they can also turn into big losses. Therefore, before deciding on such a step as full confidence in earning in cryptocurrencies, you need to work to have a lot of  tokens. For diversification.

Hoping on the promises of the government is a total waste of time since in some cases they are political statements. In some corrupt nations, these budgets are just documents that are never implemented but are used to steal from the people. I have stopped listening to budget presentations by our political leaders because they are filled with empty promises and can lead to frustration.

Creative thinking is a must to survive in this current harsh economy. Relying only on a single source of income might not be able to sustain an individual and family. Seeking other sources of income is now a must for low-income earners due to the high cost of goods and services. Learning a new skill that can assist one secure a part-time job or starting a business are all good sources of additional income. Setting some amount of funds as savings is also important because it could help in investing in viable coins like Bitcoin.

Am happy for you having come to the realization that change begins from the a mindset that is attuned to and receptive to it. Still, before one can consider investment in Bitcoin for good return, he/she must first strive to and already have a source of income that can make the dream work.
Also, one thing is that, with responsibility and family or dependants to look out for, comes a mindset shift that may be and is expected to be a positive reinforcement in all aspects of one's life.

Well yes, investment would be an option however not all people has the financial capacity to prioritize engaging to investments given that risks are present and that they won't afford the tendency of loss. Personally, best option I guess is to seek for part time or secondary jobs in order to cope up with the increase on the price of marketable goods and services. Not only that you would be able to afford paying those bills but could also create enough margin for savings or investment opportunities. What to do? You may learn new skills that could make other people pay you such as video editing and the likes,well ofcourse not all people are that in line with technology but for sure there are other services an individual could learn and make use of it for extra income. This is not representative to all people due to circumstances but that's something I guess no one has control of.. Another solution is for governments to increase the average salary rate but we all know what is actually happening on this aspect.

Exactly, we have to consider the financial condition we have before entering and putting a lot of money in bitcoin, bitcoin has price movements that are not easy to predict, therefore if we enter to buy bitcoin at a high price, for example we enter and buy bitcoin when the price is $70 k and currently the price of bitcoin has collapsed at $58k and we use money that will immediately be used for certain needs, it will make our lives depressed and uneasy because our assets are stuck at high prices.

A better mindset would have to be functional following a good plan, else, it's just a wishful thinking.
For investments in Bitcoin, when one has a source of income and can occasionally set aside some funds to follow a plan, the mindset of such an investor would have been reprogrammed to better produce results that fit the plan and ideal goal in mind.
Another thing also is that mindset shift can be a result of affirmations that can influence ones energy and thus manifest results in the direction one tends for it happen.

OP, how would one invest when he has not survive himself? The only persons whoa re capable of investing in this company are those who have the money to fed for themselves completely in a month without debt and have little emergency savings. There are people in the world today who barely afford their rent, eat 3 square meal a day to mention a few. My concern here is that these set of persons cannot invest so investment should not be a solution on how to survive in this hard economy.

The solution to this is for them to find a skill, start a business and with time they should diversify their income flows from different sources. It might be difficult in the beginning but it wont take them more than a year to balance in that business. Another thing is multitasking, i think they have be involved in several things so that they can gather money from different sources to start a business.

People nowadays should eliminates the thoughts that they can only earn money on traditional ways. People need to adopt the current changes and trends since to many new methods has been introduce that's why its good for people to adopt so they can survive on harsh economic condition of the world. Sometimes its hard to learn or find ways where to start but if people is eager to learn and spend their energy to more valuable things like getting a lot of knowledge on what are those important thing to know for sure that everyone is happy and gaining on their investments or new job take from their online ventures. People just need to be open minded and have critical thinking since for sure everything might not hard as they think if they know how to adopt on each situations.

I think investing is also one of the solutions to survive and overcome these difficult economic times, but it is not the only solution. Depending on each person's circumstances and economic conditions, we have solutions that suit us. If we already have a stable source of income and want to increase our income, investing is an option, but if we do not have a stable source of income, we should think about working a part-time job to increase our income.

I agree with you that many people cannot afford to invest but poor people should consider investing if they have some savings in the future. I think investing is the best solution for poor people to have a chance to rise up in society, just like how most of us invest in bitcoin because of that hope.

By having a good mindset, of course it will be very good in making good plans because without a good mindset, of course it will be impossible to have a good plan. It is true that to be able to invest, of course you have to have a source of income that you can get. savings so that we can invest because without a source of income it will be very impossible to be able to invest because of course they have to think about their own needs first, so it is important for everyone who has the desire to invest that they have to have a good mindset so they can develop themselves in a better direction than before.

The economy has turned in ways no one would have imagined it possible or could possibly be prepared for but, you owe yourself your survival through these trying times. It doesn’t matter what the government might have planned or proposed on paper as, these does not constitute all there is which could result in the failure or success of a budget. Mostly, the human elements as per government looters aren’t taken into account in these budgets as, it’s an element that ought not to be but, they remain an integral part to the failure or success of a budget. It would be ridiculous to have corrupt officials consideration in a budget system but, these corrupt guys within the ranks of government have made governance uneasy and the life’s of its people difficult.

To survive, you need to employ a lot of strategy which could result in having to cut cost and increasing your streams of income as well.

But what is good thinking and what is a good plan? To me, how to bring good results is the most important thing and deserves the most attention, not a good plan because planning and implementing it are two completely different things. It's easy to say but not as easy to do as we say. So don't exaggerate things to an unnecessary level, we don't need new thinking, we just need to try to adapt to social change.

In addition, I do not agree with the OP that to invest in bitcoin, we must need a new mindset, investment has existed for hundreds of years and bitcoin is no longer a strange asset to us, it has existed for more than 15 years.

Mindset should be positive, and you have to believed that you can survived in this economy. And there are ways, like saving and investing your money for the future. Specially if you have a family, you really have to understand how to play your money well. So let's say you received your pay or your income, you have to budget everything that at the end of the day, you still have some for you as a investment and crypto is the way to go. And if we have a positive mindset, you can achieved or unlock everything. It's just reprogramming you subconscious, alter your thoughts and habits and you will be good in the long run.

They keep promising, but the results never match. Always the same cycle. Here we are, despite promises of improvement. Survival requires adaptation. The government has a strategy and enormous budgets, but inflation cuts everything. Every year, your hard-earned money depreciates. You have the right idea. We need new thinking, and Bitcoin helps.

Bitcoin's money philosophy is distinct. Its worth isn't affected by the economy or bad government actions. You own it. You run it, not a dubious bank. The topic is freedom, guy. Protecting oneself and constructing a future independent of others is wise and the only path forward in today's environment.

With the economy, and increasing inflation rate in my country it was really difficult to survive especially if you are just a minimum wage earning it was for sure going to be difficult just to survive because it is not enough at all, probably your just going to eat and barely pay the bills with your job, but not really to the point where you could eat and buy what you really wanted, I know a lot of people here in my country that is leaving that life to the point where they are already getting depressed, since they were just slave that is just working and working, not really gaining anything or investing anything in the end.

I mean you are actually right in my opinion, I personally have a realization about it, learning it the hard way, I have a full-time job that has low pay, it's above the minimum but still wasn't enough considering I'm just alone, I don't really pay rent, since Im still living with my family, and the bills are split to four people with my sisters, it was actually great, but considering that I barely have any investment and savings, If I'm going to imagine living alone paying rent and bills I don't think I could even survive with my job. So I realize a lot of things through the years, and I learn a lot of it, from an advisor, that actually changes my mindset. I started investing a lot for my future, probably doing to some rules, one thing that struck me was when I heard the quote, Do not buy anything that you can't afford, which is actually true for a lot of people we tend to buy things that we can't really buy, then just end up paying the price for it.

One youtube also make me realize what you can do in just a short amount of time if you are just going to put up your one hundred percent because a lot of people are just getting there time wasted on social media probably a few hours and just on phone scrolling, but if you just put that extra hour on something that could make you an income it is going to make a difference. If you want to make a difference to something stop being lazy and grind every hour. If you are making 20$, and put up the extra hour you might get 10$ extra.

Op yes it's not a bad idea I can categorically say that investing in btc to move out if some unforseen circumstances in our environment and every day rise of inflation should non negotiable that an investor need venture into without negotiating with any who can course further distraction by bringing in some idea. That will slow down the process of investing if throughly the invest is focusing the investment on BTC and not shiltcoin.

There is no other solution to escape the economic breakdown by every day devaluation of fiat currency than using the crypto currency system like that if BTC which has allot of assurance despite being volatile still stand a good chance standing out above fiat when inflation hit the economy.

We need to be more practical, unlike the usual thing we do. As inflation keeps on rising, the more we have to be aggressive in taking opportunities and adding sources of income. The government can't help us anymore which is why we should have to work on our own in order to survive.
Bitcoin investment is one of the best options this time. We aren't making money quickly but for sure that this could help us in the future. If we can spend $100 a day on nonsense stuff, it is not difficult for us to spend it on buying Bitcoin.
 - change our lifestyle and gain interest in multiplying our money

You seems to be making a wrong generalization and I have to point out some of those. Making budget is what every government do all over the world and some country actually implement their budget for the benefit of their citizens while some countries fail to do same probably due to corruption. So, the effect of these two scenarios will not be the same and should be the reason for the mass migration of people to countries that are able to overcome the forces of wickedness and wanton corruption, to put their country and her citizens above their personal ambitions.

Cryptocurrency is surely a way out of hardship but it requires money to be able to invest in cryptocurrency. In addition, to make optimal benefit of cryptocurrency requires that it would have been built over the years and not just something to invest in today and expect the profits few days. There are other short term measures that can be employed to survive while building a cryptocurrency portfolio for the future.

Inflation continues to go crazy, even in my country our local fiat continues to experience a decrease in the value of basic necessities, while salaries never increase, this is why now we have to live as economically as possible and also have as many sources of income as possible.

Bitcoin is an asset that has been proven to be immune to inflation, this is proven by the Covid 19 pandemic that occurred several years ago, I am sure there are many people who are currently trying hard to get out of poverty, but they have not yet found a way to achieve that, while most poor people are still pessimistic about Bitcoin.

Investment is not something that needs to be forced, meaning that someone can invest at any time in assets that have the potential to grow in value in the long term when they have the budget. Inflation causes financial instability, so of course this affects a person's interest in investing. If they have more than one source of income, then they can still invest as much as they can afford. However, someone who only has enough money to meet their living needs then they only need to invest when they have more money.

Bitcoin is simply a good choice as a long-term investment asset, but not everyone needs to choose bitcoin as long as they cannot afford the risk. Bitcoin is not for everyone, but it is only for those who can bear the risks of volatility and other things.

How does bitcoin come into this and how is it going to improve the economic situation of your country. So many of you do not really understand what bitcoin is, it is not a panacea to the world's problems; it is just a decentralized currency that hasn't even been massively adopted around the world.

If you want a better economic situation for yourself, then your nation should elect good/competent leaders. Take your time to also better your own chances of success by learning new skills, taking up extra jobs and learning how to earn money from different sources.

We need to change the old ways of how we do things, of truly we want to experience something new, there are so many things that needs to be put in place for us to be able to adapt to some desired changes, this will have to start from the mentality we have towards doing something, we need a reorientation to help rebrand our mindsets, we also have to take responsibilities as challenge, if we want to have transformation.

It's no news to anyone that the previous situation of the country is very different from the current situation so adopting a new mindset is one way to cope.
This doesn't necessarily mean that you should completely throw away the previous mindset of how you do things but don't depend solely on them.
One major mindset we need to adopt is a change in our orientation and view about a lot of things. Another thing to keep in mind is that literally everything around us can be reused but in a different way. For example, you can use containers that are no longer in use as a nursery to plant vegetables like  tomatoes, pepper and the likes.
Always remember to use what you have to get what you want that is one way to adapt.

You should be thinking up multiple ways but its true that on the current thing that you've been dealing and if you do saw that you are really that somehow been able to survive then you would really be surely be sticking into that but thinking up with other ways on which it would really be that something that make things even more better. This is why it would really be that best that you should really know on how to handle up yourself specially that economic situatios becomes even more worst as the years passing by on which it would really be just that normal that you should really be thinking on other ways so that those problems
wont really be able to catch you up and wont really be able to make yourself that struggling on such condition. So it would really be just that depending on you on how you would really be
handling it out and as long you could be able to bare up with the risks then it should really be just that fine.

Financial stability has been bad lately, everyone at the lower to middle levels feels it. There is a lot of expenditure without being accompanied by the same ideal income, this is clearly due to the bad impact of inflation. The rise in prices of goods became uncontrollable and the government had to come to its rescue, but they started increasing the tax percentage.

Everyone is required to pay higher taxes than previously planned for 2025 in my country. Previously, Value Added Tax (VAT) was only around 11%, but the new plan is to increase it to 12% next year. Of course this is not a final decision and there is internal pressure to re-evaluate the decision, that is the hope. In fact, the government does not seem to care too much about the misery of its people who feel oppressed by inflation, at the same time they do not increase the minimum wage in line with rising inflation. Ultimately, the way out to gain good financial strength is to build your own business and invest. It is a good option to get out of increasingly worse financial problems.

That's true. That is why we always talk about diversification in his forum.  Life is beyond promising yourself what you can not do, or expecting something in return When you don't work towards it. after the end of the year people pray for blessing to come ahead of the next year and yet the upper year nothing seems to happen. Have you asked them how many of them are working unto perfection? People have dreams but yet they can work towards discovering themselves. The quest is how do you know your gift and how to utilise your skill. rather than praying all day without showing it in a proof of work.

How to rebuild yourself and start making money with a new mindset.
1. Try new things. If what you have been doing for so long is no longer productive, try and adventure into other business, because sometimes it is not just all about being consistent, you may be consistent in a wrong direction or working hard in a wrong direction and expect good result to occur which might never happen.

2. Work on yourself. For you to be successful or achieve better things in life, you must stay away from many things that will not add value to your life. For you to succeed you must associate yourself to successful business people ask them questions on how they became successful you may learn alot. Always Talk positive thing and get use to positivity than taking bunch of nonsense with people who are not ready to grow.

3. Work beyond your limitations. Most people are staggering with the little knowledge they have, without knowing they can do better than what they are doing. Human being is like a computer system which has a ram and a Rom that can be installed with many software and does multi tasking work at thesame time. but if not installed many software it would be limited to do minimal work with less software installed on it. So in conclusion we as human needs to install more wisdom as an application in our life to do more better than being stock with what we are used to.

4. try to focus more on digital system. By learning a digital skill, and invest in digital currency like Bitcoin. Why you need to learn digital skill is that with time physical hand made skill will be outdated and more online jobs will take over and if you are not technological equipped  you may E trapped by your knowledge which may be outdated. Though digital skill I mean is to only bound to bitcoin but other aspect of skill like affiliate marketing, free lancing, content creation both YouTube and others. And cryptocurrency is one of them which is the blockchain technology (bitcoin)

Government has one advantage that none of us have, they can find money when they need to and they do not need to worry about anything else. You can't print more money if you end up in debt, you can't tax others more and get their money if you need money, you just need to realize that we are talking about a situation that won't be all that simple, and in the end you are going to make some mistake if you are not careful. That is exactly what this means, you should be able to actually consider how you could make some money from this situation.

I personally believe that the best way to go with this would be just realizing that you are not going to make that much profit if you just keep thinking like a government because they have more ways than us.

Almost every year the community becomes victims of the government's sweet promises which always say it wants to improve the welfare of the community with an ever-increasing annual budget allocation. But what happened after that, the community's economy was still squeezed, the inflation rate was getting worse, the unemployment rate was increasing which led to increasing poverty. Stop placing your hopes on the government, start implementing your own plans with a positive mindset to create your own financial resources.

There are many ways you can overcome this problem, as long as you have confidence in your own abilities, you can stand independently without expecting help from the government. Start creating your own job by utilizing the skills you have mastered, no matter how small the business you start, you are the boss. If you understand crypto, it is very easy for you to develop funds from business profits. Investing in Bitcoin can help overcome your financial problems when the country's economic conditions are not conducive.

I agree, that's why some of us has lost their trust in any government candidates because they are no different from those who were elected in the past, they are all good and hardworking in the beginning but when they get to the middle, they do stupid things and steal the people's money. How will our economy develop if the country itself is drowning in debt caused by the former presidents of the country, who will suffer? of course the people who are at the bottom, it will take decades before the country becomes debt free so change is impossible, the last time i heard that word, nothing happened, promises were not fulfilled.

Curse him, the government have a concept is actually good, it's just that the implementation lacks supervision. For example, in public infrastructure buildings to be built, all requirements and technicalities have been prepared very well by planners and at the time of physical implementation there are reduced by partners so as to reduce the specifications of the building itself so that its economic life is reduced. If asked, there is a classic reason they answer.

Finally what. A few years later, the budget was disbursed again to carry out renovations again, even though if the money was used for community economic empowerment, I think it would be very useful, especially before the community had done it sustainably, for example. It is common in society, breeders for daily consumption or farmers who grow young plants.

Talking about diversification, growth, all that good stuff... it's fantastic. Too often it ends up as just a whole lot of noise, though. We love a good motivational quote, but real change? That takes sweat. New Year's resolutions about hitting the gym happen, but how many stick around for February? Your plan's good, the fundamentals are there. Trying new things is cool, but don't half-ass it. Commit, make those neurons fire. Surround yourself with winners? But remember, it ain't about who they are, it's about who you become. Their spark's gotta ignite your own fire, not just keep you warm for a minute

Digital skills, crypto; This isn't just about knowing the lingo; you have tounderstanding the game, the whole new land we're living in. Adapt or get steamrolled, that's the harsh reality. Don't go swallowing every shiny trend that comes along. Be informed, be critical, trust your instincts. See, that's the real transformation right there. How about that for a wake-up call?

Surviving in the current volatile economic environment has become a challenging issue for the lower and middle classes. In such a situation to keep pace with the current economy, it has become very important for us to engage ourselves in extra work or some business. Moreover, living with this rising market value is full of misery because our work does not increase in value with this increased market value. So we have to accept or set up our mind that we have to increase our efforts to keep up with the current lifestyle.

We need to realize that governments are just people, and that greed, jealousy, and selfishness all exist in each of us, those instincts are an indispensable part of being human. So don't be surprised that when they become rich or powerful, their nature will change. We can criticize them, curse them but I believe that if you or I become president or government, we will also become greedy and selfish like them. There is no guarantee that we would be different from them if we sat in their position.

So let's stop believing in what they promise us and instead find ways to save ourselves with our own abilities. Don't criticize or curse because no one cares about what we say. I tend to spend time finding solutions rather than spending time bad-mouthing the government, because they will never listen or even care what we say about them.

In as much as this is based on economic matters, I have this feeling you may be in the wrong board. But anyways, you're right on the fact that situations ( take note that it isn't as severe globally) are getting way worse day after day. And one really has to think outside the box in order to survive. No one cares about you, especially not the government, but yourself alone cares about. So, do what's best for you and redeem yourself from whatever bad economy your country is facing.

Remember bad economy is where great minds are discovered. Something that amazes me about an inflated country is that it may be difficult to gather capital for business, but do you know that once you're able to produce a valuable product/ service and market it, you'll gain in an inflated economy more than a good one? Inflation is bad for the middle-class and lower-class people, not for the upper class and businessmen. So, put in the work, and prayers and do what you ought to do now.

Since inflation is one of the biggest problems we here, Which majorly causes the price Increase we experience, There are are couple of actions to take in order to escape this, Because the moment things start to change, precisely change with the economic situation, we need to reset our minds and think of better a way of navigating this economic hard situation of out time ,and good enough we are opportuned to have Bitcoin as an investment opportunity of our life time, which we can leverage from and hedge against inflation, furthermore, we should also have other streams of income if we want to escape this ravaging economic situation on the ground.

If the economy is not good for the poor then investing in cryptocurrency can't solve the problem because you won't use bitcoin to buy what you want to eat or wear and you must change it or sell it to Fiat currency before spending it therefore you will still meet the inflation and follow the suffer with the poor. Therefore the best way is for the government to control the inflation and reduce the price of things in their countries.

In addition one thing that causes the inflation of goods and services is the USD or the American dollar because ones the dollar rise all the importation goods prices would follow up and things becomes rise in the country. So if the government can control the inflation then things might be better again in the world. In most times those things listed in the budget are not even realistic or it is for embezzlement.

Get rid of lifestyle reasons as your goal to start working extra hard, that is not a wise reason why you need financial stability. You need to improve your economic conditions to support a better life, especially to meet your living needs. Lifestyle should be the last option you consider, in fact it should be ignored before you invest in your future.

At this point of time one needs to stay positive because with the wrong mindset it is impossible fight against inflation.  Having the mindset on how money can be generated is just a way that inflation can be combat.  When their is inflation their is nothing you can do but when thier is multiple stream of income I don't think it will be a problem and this is how your finances can have good value over inflation . In inflation one should also think of a good store of value like bitcoin to invest to keep money relevant, because when their is no good store of value it can drain financially.

You are right, lifestyle is not the important thing in our life. And this lifestyle must be supported by an income large enough to cover our entire economy, having savings for emergency funds and investments and if all of that is sufficient then we can follow this lifestyle. However, do not use funds outside of these interests.
And in bad economic conditions we are required to be smart, creative and independent in order to still be able to meet all our important needs, and one of the best options is for us to have a job or additional income. And if our income is more, we should invest, because investment is very important for the life we ​​live and also in the future.

There are people who are smart or wise enough on giving out importance or making that focus about priorities rather than on making themselves that living in a lavish life or lifestyle on which it is really that more than on the income that they are really that making. Mistakes such as this is really that very common and this is why people do really find out that they had done something wrong on the time that they would really be experiencing issues or those unfortunate conditions before they would really be making out some adjustments and this is something that would really be just that so normal and this is something that people would really be commonly do without even trying out to realize something earlier on which they could possibly be able to avoid disaster if they are really just that mindful in the first place.

Of course, it is very difficult to survive in turbulent economic conditions, especially for some people who work as laborers. If they don't have work in a day, of course they won't be able to earn income to meet their needs and this of course makes them must be able to save money when earning income from their work, looking for several sources of income is not easy if we do not have skills that we can do so that it gives us additional income, so it is important for us to be able to have a skill that can give us additional income so that we can face difficult economic situation.

That is the sad truth, that if the program of the government of each country is sloppy, the number one thing that will really be affected is the people who are actually under them.

So the only good thing for citizens to do is to be strategic in life, so the rest is what kind of sideline income they are doing so that they can survive their families.. as long as you are capable for sure you will survive at any circumstances.

It is not surprising that many families have debt because it may be difficult to earn income while their daily needs must always be met, so they are forced to borrow money to continue their lives. Even those who already work as laborers sometimes still experience deficiencies in meeting their daily needs. in my environment there are many people who work in factories as employees, in fact I think they are permanent employees of the factory, because many of them have just started work but they have the courage to take a new motorbike by paying for it in installments, that's what makes me think they live just to go to the factory, even holidays are difficult if it's not just Sundays.

I agree with what you say, earning an income is not an easy matter, even though some people are able to generate an income, it doesn't mean they don't have problems, but there are problems such as paying off debts or other things. The advice you say is good for having extra income, but not everyone can do it.

Responding to this economic situation, we are required to be more creative in creating additional income. It doesn't always depend on what is the main source of income, that's why there are many people out there who look for extra after work, sacrificing rest time to get the guarantee that if layoffs occur at the office, they still have something to fight for. Don't always just invest in Bitcoin and crypto because this mindset applies to all levels of society who see every day how current income does not meet basic needs. Prices continue to be eroded by inflation, demand for goods is also complicated because suppliers usually prefer to store them in warehouses to wait for price spikes. We as consumers clearly cannot be separated from our needs. You may see the positive side of investing in Bitcoin and crypto, but the fact is that they all come with their own risks. Nobody gets rich in a hurry. No matter what type of investment or business, when facing a bearish market, you must always have a strong mentality and cold funds to survive.

Consciously, we are always required by circumstances to continue learning so that we can adapt to various kinds of changes, especially in responding to changes in the country economy, which can potentially affect our personal income. In reality, there will always be challenges, and whether we want to or not, we have to face them wisely and intelligently, in this case inflation is in the first place as our common enemy. Once again, whether we like it or not, we have to try to learn to find additional income, to cover our needs, so that our standard of living does not fall due to the impact of inflation.

Apart from that, at the same time we must also be able to look for alternative investments, which can give us profits greater than the inflation rate itself. In this case, investing in Bitcoin or other coins is considered a good solution, of course everyone has their own perspective in seeing an opportunity. That's just to survive in an unstable economy, not to mention if we have the ambition to reach the point of financial freedom, I think we must always learn from time to time so as not to be defeated by circumstances.

Somehow it's like the adoption of crypto already since more people prefer to have crypto despite some of them investing in memecoins. I'm sure those who invest in memecoins know also BTC, they are however persuaded to memecoins.

Banks are filling these days, I think they should get their money out also in banks before they will decide to give them some stocks/shares in exchange of their cash, this is happening already.

Nothing will still happen to us if we will only stay positive and sit or lay done in one corner but we must also have an action. Knowing the other mindset you said is, I think not enough. Working on a regular job can generate us money but this alone can't still combat inflation effectively. Saving money doesn't generate us an income but we think it still grows our money. We don't only realize that it will get affected by the inflation. the last thing that you said or investing, is the ones that is more proven to combat it. BTC is indeed a good asset to pick up because it is more decentralized and has a lesser supply than the traditional assets out there like gold.

that's right, we just look at those who work in government, they don't seem to have any worries at all, when they need money they can make it through regulations and then enjoy it with taxes, while we can't imitate them, we have to work day and night and even have to pay taxes to the government, in order to survive in the next few years, what we need to do is think outside the box, we have to invest in good assets that are even immune to inflation such as bitcoin.

I have feeling you are misunderstanding @justdimin he or she is not talking about peoples or government officials here we have talked about government which can print money for necessity, and they are having no worries or problem about this all with printing money and setting things are pretty regular for the governments with inflation or rise in prices are having trouble for the common peoples which are suffering with this all and having problems into their lives which are going down badly in last few years.
For me best investment is bitcoin if we want to survive in future otherwise things can go worst for us with this has never been easy to survive as we are having life in last few years specially few countries are suffering badly and life is going worst for the peoples those are having no extra source of income.

Saving isn't what we should be thinking about in this days of inflation but what we need is investing into different assets through diversification. I'm not talking about investing into different cryptocurrency as this are still assets that are correlated and have a similar price movement because when Bitcoin increase altcoins follows and vice versa. Diversification is what is needed with this current economy and when you diversify you have a better chance of not being worried about your finances because at most times you'll be making profits while others are losing money due to inflation.

Investing in Bitcoin should be among the top choices became this is the fastest growing industry and have a high possibility of making you better gains on your investments. Saving wouldn't makes you money especially when you aren't saving to be used for an investment in the future but only saving to spend later on liabilities. Saving in this economy is a suicide mission, there are no more stories of savers becoming wealthy because inflation will not allow that to be possible but investors are always those that benefits more when they get their profits.

Getting a job is a better idea. Investing in Bitcoin, Altcoins, etc isn’t bad but maybe you need to look for a job that can provide enough money to take care of yourself and needs. You can find a way to even save some money and look forward to having your own personal business. That’s the best “new mindset” you can have.

Investing capital requires that ability to save, for the world population they have their time and effort to invest mostly.

I like the graph showing a drop in 37% to 9% for living on 2 dollars but it should also be set alongside the graph for how much that 2 dollars is worth.  We more then halved the worth from 1990 to 2019, I'd estimate its roughly one third the worth now for the same nominal value.

So for comparisons sake they should be comparing maybe 6 dollars now to 2 dollars from 1990 but the losses to inflation will vary around the world, currencies and costs will vary alot; arguably people have benefits from technology now which helps to mitigate some of the lost value in their income.

Yes i agree on that the financial problem to ordinary people is getting more worst than before except to those who are already rich or financially stable, high inflation,war, corruption, etc.,is the main reason,so people needs a new mindset and new strategy's to get over with this problem and crypto is good for a new start, we cannot lean or put a whole trust to government because we all know the corrupt politics is always there and only few of them are doing good to address the needs of thier people,so i also suggest to invest in crypto for the future.

It's enough to get a job anymore, it's not the 60s where your minimum wage can pay for a house and sustain a family of three, you need to find more ways to make money because the price of stuff that you need is ever increasing due to inflation. Sure, a new mindset would help you get to surviving but it's surviving and not living, people should be allowed to live not survive, that's the worst thing when you're working and all you do is survive, it's depressing that you can't even afford the things that you want because the bills needs to get paid and you need to prioritize the basic necessities more than anything else.

The use of crypto is increasing day by day and those who are investing In Bitcoin will take benefit if you keep longer but in case of meme coins their profit will be in doubt so either they will get a huge return or will lose all money as well as their trust in meme coins.
 
People more frequently choose altcoins instead of Bitcoin as they give more importance to quick earning in contrast with secure and safe investment like Bitcoin. If someone is afraid of Bitcoin and altcoins investment then banks and other opportunities are also here which can help you to take your profit.

"when money is not scarce, everything else is" . It is truly a pity that this system is obliging  us to find ways not to lose money over time like an ice cube melting in our hands  ???

Hopefully, Bitcoin may be a lifeboat, we will see...

The main reason is that salaries are very less and things are getting expensive therefore one cannot fulfil their needs due to the limited amount of money. In my opinion everyone was facing difficulties in the past but now nobody can spend their life with just a single salary so they are working online to earn money which can give them an extra amount for living a satisfied life.

The government cannot keep a check on our financial system therefore we have to find different ways for ourselves and there are no limitations on online jobs so we can easily find some of them. If we are doing just a single job then neither will we sustain our facilities nor will we be able to save money.

In the 60s, I’m sure you can’t make as money as you can make today. What i am trying to say is that this isn’t the 60s and things didn’t change in bad ways but in good ways. If you want to make more money, do something that pays more money. There are people who are earning money that will feed an entire generation of an average person. So when I talk about job, it doesn’t have to be something little, it could be something serious that can bring you good money.

Of course, you have to get a real and stable job first prior to investment. Bitcoin or altcoin thing will only serve as a side hustle that will gain additional profits from your major source of income. Otherwise, you will face financial struggles if you rely solely on bitcoin in making ends meet, most particularly in times where bitcoin price is at its bearish.

As much as possible, learn to grow your knowledge and skills so you will also be highly capable of adapting new side jobs so that it will be easier for you to generate multi profits from your multiple sources of income.

Investing can become the main gig of a person, but it is often underestimated the amount of money that is needed to pull this off, since many people dream to do this but they plan on obtaining 100% or more on profits each year, and this is not possible.

So before a person can even try to achieve this, they need work hard at their jobs and save as much money as they can, a difficult thing without a doubt, as the inflation we suffered during the pandemic and the stagnant salaries have decreased significantly our ability to save.

The many needs that we need of course require us to look for additional income so that we can meet the needs that we need because with just one source of income it will be very difficult to meet the needs that we need and I agree with what you say we must be able to have a mindset new to be able to survive for now because for now if we don't have a new mindset of course we won't be able to meet the needs we need.

My current and future financial situation Taking care of every family member (even after my death) and future financial planning all together with my lifestyle. In short I should work hard to bring economic mobility and stability to my life. If I can maintain my economic stability and expedite financial progress will also play an important role in the overall economy of the country. All these reasons motivate me to work hard to earn money.

looking for a side source of income other than our main source of income is one way to survive in the current difficult economic conditions. because relying on just one source of income is quite risky nowadays, because just imagine if we were fired or the business was not running properly, then our only source of income would be hampered and this would be a problem in the future. at least having a side source of income will make us more relaxed, because when our main source of income is disrupted, we still have other sources of income that we can still rely on.

I really have no doubt that Bitcoin can be a bridge or lifeboat to save many people from difficulties including difficulties in saving money and also difficulties in earning money. Because Bitcoin can be relied on by many people as the best investment to achieve the best profits in anyone's life and can also be used as a means of storing value for a short time only. Although things like that may not be recommended by everyone because they still remember the fluctuating price of Bitcoin in the market, so most people still prefer to save the value of their money in more stable coins.

And one more thing is that money is still not rare now and is even easier to find in anyone's life so it still cannot be considered rare. But things other than money can be said to be scarce as long as there is no more production due to limited basic materials needed. But when it comes to money, I think almost everyone can find it even if it's not their own money.

The financial situation remains unstable in many countries. Since the Ukraine-Russia war, financial instability has grown beyond endurance. In this situation, if we want to survive then we will definitely have no option to increase our income range besides our specific work. Because inflation is increasing by leaps and bounds. Life can be miserable for those who don't work further work outside of specific jobs. Now if no work can be done or job creation is not done outside of fixed income then it can affect the whole economy drastically.

The Benefits (https://fastercapital.com/topics/the-benefits-of-investing-in-bitcoin-iras.html) Of Investing In Bitcoin
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However, if someone invests in Bitcoin as an extra work to avoid this situation, it will definitely not be bad because. Investing in Bitcoin at this time will provide a good source of income as well as protection against inflation. We know that the demand for Bitcoin is increasing gradually so investing now can get a reliable return after a few days.

Absolutely right, every person in the world works hard to earn maximum income from his place. Everyone is looking for different sources of income to make a little extra income. But even then there is a wide gap in their income. The only major reason for this gap is efficiency. The higher the efficiency, the better the source of income and the higher the gross income, so the income of the less skilled person is lower. That is why it is the moral duty of every human being to extend a helping hand by showing them the best way to earn to every human being from wherever they are to maintain the present economic condition.

Getting some ideas from other people or even they've been helped out but still those individuals wont really be helping themselves for the betterment then it would really be still useless or pointless.
This is why it would really be better that you should really be having that kind of mindset on trying out to learn as much as you could specially if its really that connected on how to make more income source on which we know that economic situations or conditions becomes that more worst as years passing by on which it would really be just that right that you should really be making out that kind of adjustments.
Get out with your comfort zone and would discover on different things as long it would be beneficial then go for it.

There would really be those main challenges which are normal but it would be better that you should really be that adaptive on whatever thats in front of you.
Dont make yourself that being a close minded person.

I’d say learn multiple skills. It would be difficult for a multi-skilled person to not have a job. In fact I think such persons would have job offers at their foot and will choose which one they wish. Bitcoin and altcoins should not be looked at as a side hustle, because they aren’t hustle. Hustle is what actually brings the money. Bitcoin and altcoins may just increase the money you brought.

I have had extensive experience with the bad results of making myself close to the world. So I follow your words like medicine.
And the area of ​​income should be shown to those who have a strong mentality to work but do not have work opportunities. Because if there is no work mentality, no result will be obtained even by showing work. It is almost impossible to succeed in any business without setting the mindset to start or achieve economic growth.

having multiple skills if not getting ventured further into developing the skills to the point where you become expert, you'd become jack of all trade master of none instead, usually the one that get pursued by jobs are the people that really excels at one thing, they are really good at it sort of expert in that field, that kind of person usually the ones that got the high paying jobs.

of course people can have different idea on how to better get a good paying job maybe through learning multiple skill but at least from my experience thats what I found, people with expertise tend to be among the one sought after by the big companies and instantly valued high because their expertise is needed and is the core solution to a problem company is facing so there's that one thing that I think worth to know.

moreover, i do agree though getting a job, may be should be the first priorities since usually crypto investing requires money to be there first.

For current trend which everything has been in digital space and lots of works can be found here then we really need to learn a lot of skills so that we could able to cope up with changes especially on employment and other things that we can get an opportunity. Since if we let ourselves outdated since we are so lazy and don't want to get tired then for sure we will not survive on current hash economic situation especially that everything seems became expensive, so those guys who always settle for less will experience financial hardship since for sure there earnings will not be enough and they can only get less with the money they bring on supermarket since everything now rise that's why we need to take action so even if those cases happening we can still leave a comfortable life which also can provide all things we need so we can live comfortably everyday.

One of the most bitter pills to swallow is the fact that although the economy is bad, we have all learnt from the situation and are constantly finding new ways to adapt to our current 'lifestyle' so to say. One of the things that comes with this adaptation, is a change in our mind set about a lot of things such as Cryptocurrency and the likes of it. Years back, when crypto trading started, most people saw it as a Ponzi scheme that "yahoo boys" use to steal money but now not only have most people realize that that isn't the idea behind cryptocurrency but they are also willing to learn more about cryptocurrency and other related things

Although we all need to adapt to changes in our environment but such a change can be very severe to us and it might not be as easy as we might think. Everything is becoming hard and what we need to understand is to keep looking for other ways to make life better for us. This is a good time for us to learn about life and how to make quick decisions that would always help us to stay in good shape and strive to create more wealth for ourselves in whatever's ways  it could come from without doing something illegal that could lead to uncommon problems for us.

from the aspects that we live with, the mindset needs to be broader to survive the current economy, we must have many a my ekpertise so one field is not enough, there must be several my ekpertise that we can have to strengthen our economy so that it will be even better in the future by learning things that Just don't be afraid to try all fields of business in order to produce results, so that economic problems can be resolved even though from my point of view it is quite difficult to do, especially in the beginning, it requires extra effort to improve economic problems in the future much better.

Don’t believe that jack of all trades master of none story because it isn’t always true. First, when I said that one should learn multiple skills, I didn’t mean that you should learn them concurrently. It is normally best to do it one at a time. You can’t force knowledge into one’s head so quickly, they need time to process it too. Secondly, you can learn at least 2 things at a time, it depends on you and the difficulty of what you’re learning.

mindset is definitely one thing that could help us achieving future success.
but surviving in this world also requires more than the change of mindset there's so many things that limit people from doing what they actually can do.
having good mindset that could help you change the way you thinking could only get so far when you don't have the things that could help you to achieve success faster than the other such as connections, wealth, and so on.
the people that have these could be having the worst mindset there is and would still achieve great things.
but yeah if we don't have anything, surviving in this world is tough the only way we can do is to have good mindset.

that is like the last thing we can have anyway.

And it shouldn't just be all about the mindset but you need to execute all of those ideas that you have in your mind on how to have another hustle, part time job, business or grit or anything that you've got there. Our minds contain a lot of those but we can't execute all of them because of some conditions like we're too shy, we think that we cannot make it or we're not as good as the others. Self esteem is what those people need and the hardship of surviving in this type of economy will push them to do better.

That's right the self thoughts developing at the ending of every year shows how exhausted people have become after working the whole year, that they conclude after the holiday season they'll do better the next year. It's a famous promise made by almost every human who hasn't hit his or her goals. When the year begins the government also comes up with a scheme that'll also yield them more funds. Some of the governmental projects are made to affect the economy of citizens and increase the profits of the government.

At the early stages of the year, humans tend to stick with their promises but soon gets distracted by the new policies issued by the government agencies. Those thoughts of change affects the working pace of some people. I understand it's crucial to work on skills that'll yield money. But it's hard to achieve for some people due to the unforseen changes the government bring up during the new season. Generally, a fresh mindset is needed to progress in this economy. A kind of being less attached to the government.

I wouldn't blame the government for changing policies and I wouldn't rely on them that a lot. Although their policies really can be the best or worst for us but in some point, we're still on our own while them have to do their own thing so are we.
But it's true that if we're too affected by them, we're not going to be as good as we are. That's why we have to do things on our own and give ourselves motivation that shall push us further to make our lives better.

A good mindset is one of the things that you must have in order to be successful, because if you have a bad mindset then in my opinion we won't have a sense of wanting to progress, as if we just want to continue being lazy. Now many young people spend their time just playing online games and it doesn't produce anything good, there are even some of them who are willing to not sleep to play games, of course this is the wrong mindset, because this will only make them experience a decline in their health. whether it's their immunity or eye health.

with those who don't have a good mindset, maybe they can realize by themselves when they experience difficulties such as with their financial situation. but no one can deny that there are people who can survive with a bad or less than good mindset, in fact I can't imagine what their future fate will be if they have a bad mindset that cannot be changed or improved. Of course, if they want a good future, such as being able to be successful in the future, then they must have a good mindset, such as being able to think of ways to make money, such as by working. it can help them to prepare for their own future.

No need blaming the government, it's a waste of time. Yes, their policies tend to please some people and displease some other citizens. However, citizens must work with the government in some ways. Not necessarily regarding finance, but in abiding to rules. These policies unexpectedly show up once a year to affect the thoughts of citizens. The year end has its surprising package for everyone. You'd notice people would pass around gifts and kindness to everyone around them.

But once the holiday season is over people have spent money and exhausted time enough to get them vulnerable to any economical change. Hence, it's always favorable to design our lives. Know when to work and when to go on a vacation. Then set up those goals and tend at all cost get to achieve those promises we've assigned to ourselves. The government doesn't stop anybody from living a good life. It's all a choice. But some factors in the environment can be a barrier to one's success.

I agree, they're the ones making these guidelines for us to have a better life but it doesn't mean that the entire thing is going to be dependent on their policies. We still need to do things on our own to bring ourselves on a better position with or without their help. As law-abiding citizens, that's all what we have to do in surviving into these hard times and contribute in a manner that we're all mandated for. I definitely agree on the latter part, it's not always that you're going to work the whole time, give yourself a break.

I have found that - when I start a task according to a plan, opportunities for my work arise step by step. I don't know why it happens but when I make up my mind for a task then no laziness can touch me in that task so the brain stays healthy and the brain sends me messages about when and how to do a task. I think that God's help comes in this case. So before starting any work, you have to fix your mind for that work and the work will be done easily and naturally.

I agree with you, when we have taken advantage of the opportunities that are in front of us then there will always be other opportunities that we can get, because without us doing anything and just waiting for opportunities of course we will not be able to get anything either in terms of work or opportunities. So I think it's important for us if we want to survive in a difficult economic situation of course we have to continue to develop the potential we have and if we don't have food we can look for things we really like so we can learn well and can make money with the skills we have.
Yes, of course we have to have positive thinking so that we can finish what we have started.

In my opinion, our life depends on ourselves, not others, not even the government. While the government can help by creating supportive policies, ultimately, we are the ones responsible for our own well-being.  Therefore, we should adopt a mindset of self-reliance and not depend entirely on others.

As for thinking outside the box, I agree with you. In my view, it doesn't necessarily mean coming up with revolutionary ideas. It can simply be doing something different from our usual routines. For instance, if we've always saved money but never invested, we could explore investing in something like Bitcoin. Of course, we should learn about it first rather than investing blindly. In this case, the "box" represents our beliefs, habits, or routines, and thinking outside of it means challenging those familiar patterns.

Absolutely right you are. We have to create opportunities or else reality will hurt us. And those who wait for an opportunity are lazy and opportunistic people, it is very easy for them to commit any harmful act. So we should keep a distance from them.
Those who help themselves never fail. Therefore, one should constantly be in good thoughts and continue to work with faith.

Realizing that you are going to make a good amount of income if you work for yourself instead of going to an office was the key for my survival.

I am still working for other people of course because someone has to pay you, but at least I am not some salary worker at an office 9-5 because lets be honest 9-5 means that you wake up AT LEAST an hour before, probably a lot more, I woke up nearly 3 hours before because it took me 1.5-2 hours of drive anyway, and before that I took my shower and get ready, so that means that I spent nearly 4 or so hours extra on that work, meaning 12 hours everyday. Realize that you can make a lot more working 12 hours on anything you want to do, and you will be much richer, that is what I did and thanks to freelancing, I am doing much better financially.

Of course those who are willing to try will get good results, because with those who just sit there waiting for opportunities to come or waiting for a miracle, I don't think they will get anything good, especially when there are opportunities that lead to better results. we have to be able to make the best use of it so that we don't waste the opportunities that exist, because regret is at the end, I think those who have wasted opportunities will definitely consider it after seeing the results and then regret it, but of course if it's like that they can't do anything.

of course we definitely have preferences and skills, now this is something we have to consider, we have to be able to think of ways so that we can make a profit or money from things we like if we do it, such as those who like playing online games, many of them take advantage of it by becoming streamers can even become professional players so they can carry the name of their country, but even so, we also have to be able to see for ourselves whether our environment supports it or not, because if not, of course don't force it because that will only make things difficult too. considering everything carefully is something that must be done.

It's worrying that when people go on duty for 8 hours a day expecting to get a fixed salary, it ends up being 12 hours in total. But if this time can be spent on your work, then much more money can be raised. But it is very important to have a proper and clean medium for uplift otherwise it will not be possible to implement. Those who find this Bitcoin forum are just different types of moneymakers.

If we come at the right time, buying it at a discounted price some time ago will be very helpful again. I think it's right your idea because BTC as an investment tool is quite proven to provide good returns and does not disappoint and we win in one thing we have full control over our own assets.

Yes. The current condition is beyond our reasoning where the value of money is no longer valuable when we shop for the necessary needs, everything is expensive and if there is preparation from the beginning for example now even if there is inflation worse than now umbrellas are available and just use when it rains and the scorching sun.

The way the economy has turned today especially to those countries where the government have less concerned on the well being of her citizens is something that is supposed to make every body in such countries to divert a new minds set on how to survive in the economy without waiting for the government to provide for them first before they survived. In my country Nigeria today, you don't need any one to tell you that you need an alternative way of surviving before you do that yourself. Only the hardship in the country alone will contrive you to think that you need a new mind set to enable you survive in the economy. I think one of the way we can do this is by engaging ourselves in any online reliable paying activity or job which can allow someone work from home at his or her comfort time.
Another mind set to survive in this economy is to think about being self employed. Think of any patronizing business that you can start with the little capital that you can afford. By so doing we can survive in this economy without waiting for government intervention for we to survive.

In fact overall economic development will only happen when we are engaged in the fight for our own survival and economic development without government intervention. And if everyone can earn money from their place along with their own work as well as online activities then both of these will give us strength to fight the current economic situation. Not only in Nigeria but in all the developing countries of the world today there is economic instability that threatens the livelihood of every common man.

This is not surprising really as most of the working employees these days have shifted into remote jobs and even receive higher compensation. With that, they’re no longer pressured already waking up early and going home late.

Creating a new mindset that will combat this inflation is the key. If you have skills that you can make a good living, then always take time to develop and harness it. In no time, you will be your own boss with unlimited income. Getting into crypto investment is another solution. But of course, know your investment well before risking your funds. And since investment cannot guarantee consistent income, then let your skills create your own source of income while waiting to profit from your crypto investment. That way, you will have multi profits when both succeeded.

Those who have found this forum and learned more about Bitcoin and also other things like trading and investing. Of course it would be quite fun because this could also be used as a job for oneself apart from being able to continue working for other people with a salary that might still not be much compared to the time spent. But for me personally, as long as a job does not interfere with other jobs and can be done every day to earn more income, of course there is nothing wrong with continuing to do it carefully. Because it can also encourage ourselves to remain enthusiastic and not give up easily when there is an obstacle in one of the jobs that we often do every day.

Truly this platform is a wonderful place and a wonderful journey especially for me. I really feel very lucky to have found this platform and had the opportunity to work. I have realized that it is possible to earn much more than the salary of any offline job in much less time. Now coming to the topic of trading it is not difficult to succeed in a short period of time by applying sound psychology as well. I am especially passionate about this platform and trading.

Well yeah it all depends on us whether we are willing to adopt the trend we currently have or we just still use and be with the old ones and instead make improvements on it as we are talking about surviving the current or future economy we are in so no need to have a new mindset not unless we need to.

If the old style of mindset works for you, you don't have to renew your mind with something else. But if you've been stuck and it doesn't work nowadays and you are getting the results are not effective for you to survive with the current economy that you're having.
It's best for you to change that mindset and have something to change with what you have used to do. It's not that bad to change at all and be a survival on this current economy and market like those into traditional investments, you're free to get into crypto investments as well.

Increasing personal skills now will make someone able to survive wherever they are, especially in the midst of increasingly fierce competition, company owners will choose those who have good skills rather than those who only have a higher education diploma, currently there is a lot of training that can be done. Followed to improve someone's skills, some are free or paid, it's all your choice, the point is don't be lazy, life now is very expensive.