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May 26, 2024, 01:55:54 AM *
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1  Economy / Economics / Re: This Will make you rich on: May 24, 2024, 09:58:47 PM
How I wish it is very easy to be an outlier (top 1 %) of this world.  In reality, most of us are just average earners and in order to achieve higher, we need effort and also resources.  We need people who will help us.  It not just about making effort alone but people who will open doors and opportunities for us to propel moving forward.
With an average income, it is absolutely impossible to get what we want because an average income will usually only be able to meet the needs we need, to be able to have a high income of course requires effort and hard work to have a high income, because by having a high income it will certainly be easy for us to get what we want and this is very impossible for us to get when we still have an average income, waiting for other people to help at this time I think this is normal, but every People certainly care more about themselves first and then think about other people and as long as they can't get what they want they will never give other people a chance.
2  Bitcoin / Bitcoin Discussion / Re: Do you trust bitcoin holders? on: May 24, 2024, 09:35:49 PM
We have been watching Bitcoin for years. If we look at the past history of Bitcoin we can see that those who hold Bitcoin have lost and they have made huge profits. If holding it should be done long term. Never panic investing in Bitcoin. Those who can hold Bitcoin tight I believe can gain a lot from Bitcoin. There is no chance of not trusting Bitcoin holdings.  Because no one has been disappointed by holding Bitcoin so far
So far Bitcoin's journey has certainly had an impact felt by those who hold Bitcoin to date and there are some people who can hold on to their Bitcoin in the long term will certainly be able to gain profits on the investments they make, but there are some people who don't understand how it works. Bitcoin and when they try to invest and see market conditions that are undergoing a correction, of course they will panic and some will even sell again at a loss.
3  Bitcoin / Bitcoin Discussion / Re: The difference between gamblers and real Bitcoin investors? on: May 24, 2024, 09:17:31 PM
Restless and waiting are two opposite things, and are also what help us distinguish between a true Bitcoin investor and a gambler.
When you understand the basic concept of Bitcoin, you will know that these two things you are trying to compare and not comparable.

If you compare gambling and trading, I will understand your comparison because trading is very risky and you can lose money same as gambling too; but you talk about Bitcoin investment, then you need to take Bitcoin out of this discussion, because Bitcoin is unique coin that gives financial freedom and it store value despite the market volatility.

Some Altcoin investment can be compared to gambling because some altcoin can just die just like that, that is why altcoin investments should be a short term investment.
I agree with what you say, comparing gambling with investors, of course this is very different, to be able to become an investor certainly requires a learning process that is not short and there are many things that we must be able to master well and this does not apply to a gambler who only relies on luck to be able to win the bet they placed.

In trading, of course this is very risky if we don't understand it well and we will lose the funds we use in trading if we make the wrong decision to trade a coin and in investing in Bitcoin, of course this is very good if we can do it consistently to get results. which is perfect and if we continue gambling, of course we will experience financial problems.
4  Economy / Economics / Re: Marketing Strategies in the Digital Age on: May 23, 2024, 11:58:23 PM
In the age of technology people follow digitalized methods in various tasks to save labor and time. Because time is money in business. A few days ago when products or services were advertised by showing them at people's doorsteps, now it is done using various social media. Again by using artificial intelligence different types of robots are being communicated with people to advertise the business. So consumers can see and buy everything from the comfort of their homes and sellers can deliver their products to consumers with less effort.
With the development of increasingly sophisticated technology today, it will certainly make it easier for humans to complete their tasks with the help of this technology, and I agree with you that marketing today is very different from before, in the past someone marketed their products by visiting their consumers directly and now We rarely find this because those who want to market their products can do so by using social media and this has proven to make it very easy for them and consumers to find out in detail the products they need on their social media and we can search for what we need. you don't have to go to the market.
5  Economy / Economics / Re: Buying Vs Renting a Home- Which is the right move? on: May 23, 2024, 11:42:23 PM
I do not deny that whether to rent or buy a house will depend on each person such as the nature of the job and many other factors. But like I said , I don't think long-term renting is more economical than owning a house. Personally, I lived in a rented house for more than 10 years while working away from home and I found that with that 10 years' rent , I was able to own a small house in my hometown. But because the economic conditions at that time were quite difficult, I could not buy a house and had to rent a house . If at that time I have enough money to buy a house and return to my hometown after quitting my job , I will even make a large profit from that house by renting or selling that house . That's why I disagree when people say renting a house is more economical than owning a house.
To be able to buy a house, of course this will really depend on a person's income and also the way a person manages their money and if someone with the same income cannot buy a house and a different person can buy a house, of course they have a different way of managing their finances from others. Even though they both have the same income, what differentiates them is financial management.

Due to the difficult economy, of course this will make someone have to save a lot if they really want to own a house. As you said, it is very true that renting a house is not the right choice if we continue to rent in the long term and I am very sure that the house we rent will continue to increase. rental prices and this will burden us, but due to difficult economic conditions there are no other options that we can do and we have to rent because we need a place to live.
6  Economy / Economics / Re: How to improve your condition? on: May 23, 2024, 11:25:40 PM
With the skills we have, we will definitely get the opportunity to improve economic conditions for the better. What we need to do is keep trying and give maximum effort. Never give up and always increase your curiosity to a very high level, so that when you do all that, as time goes by you will have a lot of experience that can help you to be better than before.
It is true that the skills we have will be able to improve economic conditions for the better, but I think it is also important to have skills that are very rare to master so that we can easily get work that we can do to provide income that can improve the economy.
Yes, of course we have to continue to work hard so that we can meet the needs we need and not giving up easily will make us successful in what we do.
7  Economy / Economics / Re: Invest on your dependants if you too must grow further on: May 22, 2024, 10:55:01 PM
It is certainly necessary to help dependents find their way in life and be able to earn money. Various events happen in life and you should always be prepared for the saddest ones. Your family will not be able to survive in this world if it does not know and be able to earn money for itself. If you have the opportunity to help some members of your family start their own business, it will be very good. Unless they're old sick people...
Preparing family members to be able to have an income so that they can survive is our responsibility as parents so that in the future they can be more responsible for other family members and sharing the experiences we have in looking for work will certainly be a motivation for them to keep trying to get a job that can provide income to meet their needs. If you have enough capital, there is no harm in helping family members in building a business, but they must first show interest so that they can use what we have helped and this will also give us satisfaction because we can help them.
8  Economy / Economics / Re: If you want to be wealthy you need action on: May 22, 2024, 09:58:27 PM
I completely agree with this statement that if we want to be rich, we need to take action or concrete steps to achieve the goals we want to achieve. Just having a desire is not enough, we need to act by taking action which means doing active things. in business, one of which is investing, starting a business, or improving skills and knowledge to achieve financial success.
If we just hope without doing anything, we will most likely not achieve the desired wealth. Action is the key to achieving success. With a combination of strong desire and directed action, we can embark on the journey to the wealth we desire.
The actions we take now will really determine our own future and if we want to have a decent life in the future of course we have to be able to prepare for the future starting from when we are still young, because it is very difficult for us to face the future if we don't Preparing starts from now, starting a business or investing is of course very good for achieving financial success, but we must first understand well the business we will run or the investment we will make to get a profit from what we do.
The two things you mentioned are very important for us to be able to carry out them well, because it is absolutely impossible for us to achieve success without doing those things.
9  Bitcoin / Bitcoin Discussion / Re: Do your parents invest in bitcoin ? on: May 22, 2024, 07:24:19 PM
Are your parents investing in bitcoin ? Has it impacted your journey with crypto ?
Truth be told my parents are very poor in terms of technology and they are very little familiar with internet world. so they didn't know anything about Bitcoin and didn't understand that I asked them for some money and what I would do with that money, I dared to say that I would invest some money in Bitcoin. they laughed. So I didn't try to convince them anymore because I know I won't be able to convince them. my parents don't know about bitcoin don't invest in bitcoin but my kids can say that my parents invest in bitcoin, use bitcoin and know about bitcoin he he he....
Convincing parents in terms of technology today is not an easy thing we can do and it is very unlikely that we will succeed in convincing them about crypto, because they are very comfortable with investing in real assets that they have known for a long time and it would be better for them We don't invite them to this risky investment which makes them anxious when they experience failure in the assets they invest in.
What you did was very good, because you didn't force your parents to invest with high risks if they invested and didn't understand it well and you preferred to focus on your own goals so as not to make mistakes in the investments they made.
10  Bitcoin / Bitcoin Discussion / Re: Don't invest in Bitcoin because others are investing in Bitcoin on: May 22, 2024, 04:53:23 PM
Well you would be surprised at the rate of careless people there is, sometimes these no research investor get triggered maybe through some fancy praise to a particular project by some big time influencers or celebrity online, sometimes it can even be from arguments or discussion by maybe peer groups and without doing research they rush into investing in that particular project thinking it would give them same profits at which they have heard people discussing or showering praises on.
Those who decide to invest in Bitcoin and don't do research first, of course this is very wrong because they use the income they have, of course they must first do in-depth research so that they don't make mistakes that cause them to lose the money they used to invest.
If we are influenced by what other people say about investment and we are interested in trying to invest then we must first do in-depth research before deciding to invest, because what they talk about is certainly the result of what they do and not necessarily what they tell us. the process they must go through so they can achieve success from the investment they make.
11  Bitcoin / Bitcoin Discussion / Re: No risk no gain on: May 19, 2024, 04:40:08 PM
Yes, bro, because in every job we do there is a risk, each of us must be ready to accept that risk, in the process there are also risks, but we have to learn from the mistakes and failures that we have received so far, in this way we have to be stronger in what we have to do. we will get through the future because investing is not as easy as we imagine, everything has its own risks, we just have to be able to not accept the risks ourselves, investing is not just about profits, there are losses too, so don't ever be rash in taking action before we really do it. understand what investment is.
When someone invests of course they will always be faced with risks and they must be able to understand well the investments they make in order to minimize the risks they will face in the investments they make, when we can learn from our previous failures of course this will give us good experience so that you don't repeat the same mistakes when you try again, in investing of course we have to have good planning so that we can get results in accordance with the targets we have set, because without good planning it will certainly be very difficult to carry out investments well.
12  Economy / Trading Discussion / Re: Day trading or Long term on: May 19, 2024, 04:06:06 PM
I think that day trading is very important because it is possible to make very fast profits from day trading and you can make huge profits in few minutes or few hours if you want. If you have experience and have practiced day trading before then you can be successful, because it is a matter related to practice if you have not managed the practice then success can be delayed for you. To do well you must gain experience and conduct many types of practice. Then you can earn better than debt.
Getting profits from daily trading is not an easy thing to do, of course we have to have the ability to analyze the market well so that we don't make a mistake in choosing the type of coin we will trade and this of course requires a long process to get good results as you said. It's very true, of course we have to practice and also have good experience in daily trading to be able to get good results and if we can't get good results, it would be better for us to do long-term trading first so we don't continue to experience losses in trading. what we do.
13  Economy / Trading Discussion / Re: Does trading belongs to everyone? on: May 19, 2024, 03:47:20 PM
Learning to trade is very necessary to be able to start trading well and correctly. However, not many people realize it because most of them trade by relying on signals from other people. That will confuse them about when to enter and exit the market. Trading is for everyone who wants to make a profit, but they must learn how to trade before starting. There are risks that they must be aware of in trading so they must also learn how to deal with the losses.

If they learn more about trading, they can trade well and make profits. It's just a matter of being willing to learn and practice it because their trading abilities will improve the more they learn and practice it.
That's right, having knowledge in trading is of course very important for everyone who wants to start trading, for some people who make transactions using signal services, I think this is a common thing, but it would be better if you understood trading well before trying. carry out trading with their own knowledge, because if we only rely on signal giving services, in my opinion they are not actually trading but rather entrusting the money they have to other people and if the service fails then we will lose out on the trading we do. So it would be good for us to understand trading ourselves so that we can get results that suit our abilities.
Having a willingness to learn about trading is of course very important for someone who decides to trade, because without knowledge about trading we will lose the money we use in trading.
14  Economy / Trading Discussion / Re: How long to learn trading? on: May 19, 2024, 03:31:37 PM
Well different people have that different but to me I feel like at least a period of six months or till you understand it very well because someone can even for a year without full understanding of the trade so it has to be until you understand the trading for well before you go into the training if not, you will lose a lot, so I don’t care I cannot actually the period of time you should learn, but different people have that time they understand it very well and that time they can trade
To be able to understand trading well, I think it really depends on a person's understanding. Continuing to learn about trading is of course very important and don't let them stop learning about trading after they get a profit from the trading they do and it will be better for them. someone who trades continues to update their knowledge about trading, because even for those who have had good experience in trading, there are still those who make mistakes that cause them to lose on the trades they make.
15  Economy / Trading Discussion / Re: How to become a successful trader on: May 19, 2024, 03:06:20 PM
First money. Not immediately practicing with the money you have, but trying to find out what makes you ready to lose or other names is a process. From the initial capital, the target could be additional income, not a large amount.
You will never lose as long as you focus on the process, for me that is wrong.
Never mind new traders, professional traders who have been trading for a long time will also experience losing money because losing money in trading is part of it. Perhaps a smaller percentage of losses are achieved by those who are already full of experience with the trading process.
Understanding the trading process is of course very important before deciding to trade which could make us lose the money we use in trading and in trading of course there will be losses and profits and in my opinion this really depends on the knowledge and experience we have. in analyzing the market, if a trader can analyze the market well, of course he will be able to gain profits from the trades he makes, as you said, it is true that those who have good experience in trading will definitely gain profits from these trades. trade they do. resulting in a smaller percentage of losses because they already have experience in the trades they make.
16  Bitcoin / Bitcoin Discussion / Re: When is it right to invest in Bitcoin? on: May 17, 2024, 04:41:46 PM
people think it's too complicated when they want to invest in bitcoin, but what they need to know is that they need to understand the risks of investing in bitcoin and learn how to invest correctly. and after that they can invest straight away, there is no need to think too deeply about risk management, when is the right investment time, strategy, etc., because as a beginner that is not necessary, especially when what you are investing is only 100 or 200 usd. just learn to hold a little bitcoin, and while investing you can learn the things you need to learn.
Understanding the risks before deciding to invest is of course very important so that we don't make the wrong decision on the investment we are going to make because without understanding at all the risks of the investment we are going to make, there is a big possibility that we will make a mistake that will result in us experiencing a loss on the investment. , for those who are new to Bitcoin and trying to invest, of course they must first understand how to buy it and be able to survive in the long term and if they can do it consistently, of course they will be able to get a profit from the investment they make.
17  Economy / Economics / Re: Take care of your money and learn to save. on: May 17, 2024, 04:20:16 PM
The main obligation must be to meet routine monthly expenses for basic needs, because managing savings is not an obligation for everyone for different economic classes. They may be able to set aside part of their income for savings even though the allocation of savings is not routine from monthly income, but those with low incomes must get out of the safe zone to increase higher income because the need for funds to buy basic necessities is increasingly expensive.

Relative poverty data from various countries is getting worse due to the impact of the global economy experiencing inflation which influences various aspects of price and service increases.
To be able to have savings, of course we have to be able to manage our finances well and we have to be able to meet our main needs and set aside some of the income we have so that we can save and it is difficult for those with low incomes to be able to manage their finances well and look for other sources of income. Of course it is very important if we still have low incomes, as you said, it is absolutely true that the price of basic needs continues to increase and it is difficult for those of us with low incomes to fulfill them and one solution is just to have several sources of income to be able to meet the basic needs we need.
18  Economy / Economics / Re: Starting a business without capital. on: May 17, 2024, 04:01:58 PM
In my opinion, money capital is not the main capital for starting a business, I have even done this by building a business without capital. We need to know that money is not always the main capital in starting a business. If you really intend to earn income, as long as you want to be tired and don't complain too much, even though at first the income is still small, if you persevere seriously and follow the process, then you can definitely make a lot of money. and achieve success.
If it is said that building a business does not require capital, of course you must be able to have someone who can guarantee the funds you need for the business you are going to run because in my opinion it is impossible to run a business without having and if you are just looking for income Of course this will really depend on the person, if someone is not lazy it will definitely be difficult for that person to do work and they will not be able to earn income but if that person has needs that they must fulfill of course they will do the work whatever they can to be able to have an income that can meet their needs.
19  Economy / Economics / Re: Money is all wealth? on: May 17, 2024, 02:10:01 PM
Money can never buy happiness. The saying is not funny because it depends on the circumstances of the person who feels it.

Money is an object that can hypnotize everyone in the sense that everyone will do anything to get money. Money is a necessity because money is a medium of exchange. The benchmark for wealth is not always how much money you have because by having a lot of money, people do not get happiness because happiness is felt by the heart and soul.
It's true that money is currently a priority for some groups, but that doesn't mean that money can buy happiness. If we think that money will change our lives to be happier, then that's why we will be overwhelmed by chasing money to get happiness. If we talk about happiness, it's still there are many other ways to live a happier life, a harmonious family is a source of happiness if we are experiencing difficulties, but when we are with our family it will be more fun, rather than thinking about money as a source of happiness.

In this case having money is very necessary, but if we think about money for happiness then we will have excessive thoughts about chasing money, so that's where happiness will come at any time in any way, not just by having money, live according to our wishes. there is happiness somewhere along the way.
20  Economy / Trading Discussion / Re: What ways can a trader raise money? on: May 17, 2024, 01:45:23 PM
It's not easy as people see traders collecting money, they have a lot of experience and risks they face when starting trading. Things that traders need to pay attention to are following each price movement chart and finding out which altcoin is more likely to make a profit and don't panic when the coins you buy go down, be careful with new altcoins, the possibility of ups and dumps in the near future, avoid being hasty. .
To be able to make a profit from trading is not easy, you need to know how to analyze the market well in order to make the right decisions from the trades you make so that you can make a profit from the trade. If we can choose the right type of coin, of course we won't panic. because we have analyzed it well before buying it and I think it would be better for us to choose a type of coin that has been on the market for a long time and has potential profits after we buy it.
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