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1  Economy / Games and rounds / Re: 🔥 BC.Game | Final Game ' 14 July ⚽️ Euro 2024 on: Today at 08:55:32 AM
Total Corners + Yellow Cards: 15
2  Economy / Economics / Re: Starting a business without capital. on: July 07, 2024, 06:19:20 PM
Without experience in running a business, trying to attract investors is even riskier, because you risk losing not only the small funds that you have, but also the money that was invested in your business, and this can lead to a very difficult situation in which you will need to pay back debts, and they can reach large sizes. If you have experience in business, then attracting investments is a smart step, and for this you can work in some area and see how everything works. Business is not a simple matter.
I think without experience in business of course there will be no investors who will be interested in investing in the business that we run and if they dare to invest of course they have to be prepared for everything that happens to the business that we run and of course they have an agreement that can still benefit them even though we cannot run the business we run well, as you said, it is very true that they could ask for a return of capital from those of us who have failed in the business we run, of course we still have to pay this.
3  Economy / Economics / Re: How to improve your condition? on: July 07, 2024, 05:31:20 PM
Very nicely written besides I want to say that people who actually rely on their luck or blame their luck are very lazy people. So if we want to enrich our lives we have to organize our lives according to the plan and work without regretting our position. But in this case we have to check our ability first. Otherwise despair will surround us if we think about the impossible. So it is better to consider the ability and get down to work accordingly.
When some people blame luck for the failures they experience and also just rely on luck for the things they do, of course they don't understand well the things they do and also how they should be able to solve the problems they will face when doing a job and I agree with You think that this person is very lazy because they do things by relying on luck and if they fail they will be violating the circumstances they are experiencing.

When someone wants to do a job that can give them income, of course they must first have knowledge of what they are going to do and must also be able to plan what they will do in as much detail as possible so that they can carry it out well so that they can get income from it. because without having a good plan, of course they don't really understand what they are doing.
4  Economy / Speculation / Re: Short term trend of Bitcoin currently on: July 07, 2024, 08:02:22 AM
Do you trust the techniques or analysis they provide, what is their level of accuracy in analyzing? If you are sure or understand investing in Bitcoin, why are you hesitant to buy or add to your assets? Isn't this the best momentum to continue buying and holding for a long period of time to get maximum results. If you wait and listen to their analysis, it is not certain that their predictions will come true and you can be sure that you will lose the best price momentum at that time of the month. It's best if you are confident enough in your investment knowledge, it's best not to pay attention to other people's analysis, it's better if you focus on your own beliefs by continuing to accumulate your investment every month.
Before deciding to trust the analysis provided by other people, of course we must first understand Bitcoin well so that we don't completely trust the analysis that other people make, because what they provide is not necessarily completely correct.
If you really have sufficient funds, of course at this time it would be very good if you could buy and hold to be able to make a profit and I also agree with you that it is better if we can trust the knowledge we have because if we only trust the analysis that people make of course This will be very disappointing if what we do cannot get the results we want.
5  Bitcoin / Bitcoin Discussion / Re: biggest criticism of Bitcoin on: July 07, 2024, 07:33:31 AM
Bitcoin is not a quick and get rich quick scheme, for any one to have benefits from Bitcoin as an investment it will take alot of time with patients and consistence investing, another criticism is that most people always said that Bitcoin will crash some day buti usually let them know that Bitcoin is not a scammed project just like most of other coins, while they will be having negative feeling about Bitcoin others will be taken advantage of Bitcoin, but there is no reason for arguments perhaps Bitcoin is not for everybody and it is not by force for anyone to be convinced about Bitcoin potentials.
You are right, of course investing in Bitcoin is not a way to get rich easily, of course it takes a long process to be able to make a profit on Bitcoin investment and those who think that investing in Bitcoin will make them easily rich, of course there is something wrong with them. understand investing in Bitcoin and it could be that they only see the results that other people have gotten from investing in Bitcoin and they don't see the process they have gone through in investing in Bitcoin until they have made themselves rich.

In this case, of course we don't need to debate whether Bitcoin is good or not and this will really depend on someone who understands Bitcoin and maybe for some people it is not suitable as you said because they don't try to learn it well.
6  Economy / Trading Discussion / Re: Accepting this reality of trading has helped me a lot. on: July 07, 2024, 06:19:45 AM
No one gets to trade successfully and gain profits if they don't witness losing their capital at first. That's how hard and risky trading is, that not everyone who risks in trading will end up profitable and making significant profits. Some even didn't start at all because of their fear to lose, and for sure they won't dare to experience massive  profits in the future because they fail to manage their fears and risks when trading.

However, if you know how to accept that losses are inevitable in trading, and you have to take calculated risks to win on it, then trading will be a lot easier even for beginner traders.
You are right, everyone who has just tried trading will of course experience losses in trading because the experience and skills they have are not enough to give them a profit and I agree with you that being brave enough to take risks does not guarantee that someone can make a profit from trading. they do and when someone who doesn't dare to take risks of course will never make anything from trading because they can't manage their fear of trying to trade and to be able to avoid losses of course we have to learn about trading well in order to understand it well. about trading and can make a profit on trading.
7  Economy / Economics / Re: Lessons learned after striving to save money at the age of 30. on: July 06, 2024, 05:53:02 PM
-snip-
Yes, delaying not buying things that are not useful for them is much better. But if they only save, I don't think this is enough to enjoy old age if they can't use their savings as a basis for their source of income. Usually, those who are still young are still afraid of failure in trying to create a source of income for themselves, let alone entering the world of investment. It's better for us to try it than not at all for our own good. Every failure you experience will give you valuable experience and improve it in the future. Achieving financial freedom requires time that is not instantaneous, full of failures that we experience while trying.
You are right, just having savings alone is certainly not enough to be able to enjoy retirement in peace, as you said of course they have to use the savings they have as a source of income that they will be able to enjoy when they are of retirement age.

It is true that some people who are still young still don't have the courage to decide to enter investment for various reasons that they have, but I think those who already have a strong soul and mentality will certainly try something that they really like and can give them income and If they fail then it is a very good thing for them to learn from.

Of course, a process is needed to achieve financial freedom and everyone must of course be patient in going through each process and it is not easy to give up with just a few failures, because if they stop trying with just a few failures they will certainly not be able to achieve financial freedom as you said.
8  Economy / Economics / Re: Money doesn't guarantee happiness. on: July 06, 2024, 05:30:48 PM
Knowaday money is important for everything. Without money we can't able to do anything. So don't lose your money. It will be charge anything. It time to change. Money is not permanent anyone. So use the money safely for future purposes.

I can only add to what you said: we need money differently compared to the way we deify money. In our time, money is part of the things we need on a daily basis, such as food, bills, clothing, personal hygiene, and others.

Whereas when we worship money or pretend to be money, that is no longer good because that's where greediness comes in. The hoarding of piles of money and the fact that others do bad things just to have money is not the right thing to do for one person.
You are right that these two things are very different, when someone needs money of course they will feel satisfied with what they have got and for some people who deify money of course they are willing to do anything to get money and they forget about themselves and most of these people are very greedy and they will never realize this until one day they are really tired of what they are doing, but for some people who earn money for their needs, of course they will be able to feel the slightest happiness they have. get it and this is not a problem for them because there will be another opportunity for them to get more than what they are currently getting.
9  Bitcoin / Bitcoin Discussion / Re: Bitcoin is performing just fine currently on: July 06, 2024, 05:12:09 PM
In short, bitcoin is a financial market and volatility is inevitable. Whether we make a profit or a loss will depend entirely on our strategy and planning, we can't blame bitcoin or the market when things don't go as we expected. 

If our investment is not as expected, we should take the time to review things and change our strategy accordingly instead of criticizing that bitcoin is not performing well and blaming it.

No one wants a bear market but that is also part of this game, we should find ways to adapt to it rather than blame.
Before deciding to invest in Bitcoin which has high volatility, it is very important for us to have a good plan for the investment that will be carried out, because without having a strategy and good planning, of course it will be difficult for us to make a decision to invest and it could also be that when when we invest when the market is experiencing an increase of course we have to wait longer to be able to make a profit and when we make a mistake like this of course we cannot blame the situation and it is purely our own fault in deciding to invest.

As you said is very correct, when the investment we make is not in accordance with what we expected of course we have to re-evaluate the strategy we used and go back to correct the mistake and try again after we feel ready and we have to do our best and don't blame other things for the failures we experience.
10  Bitcoin / Bitcoin Discussion / Re: Parents on childs savings bank accounts are waste of time if not saving on BTC on: July 06, 2024, 04:55:42 PM
The interest of everyone including investors ways of savings in either at the banks on in the Bitcoin wallets is based on individual awareness of where fit best for them based of their knowledges.

We are actually comfortable storing our values in the Bitcoin all because we understand the peripherals of how the technology works and then, we are just good on bearing the risks involved while those who chooses the bank are far behind unknown and does not trust the technology.

Agreeably, it is not their fault but the reality fact remains that the threat of economy and inflations remains a big blow for saving money in the bank for a long term holding as storing financial values for the kids against their future utilizations. If it is just a short while use, I submit to it that banks is the best because Bitcoin is best invested on specifically for long term holding and not for the short terms.

Perhaps as being said, there are variety utilities by which we could have our funds there in Bitcoin just as being mentioned of retirements, storing of values against inflations, investment purposes and long term goals etc.
When someone has a good understanding of how Bitcoin investment will run very well in the long term, of course they will try to be able to have that investment for their future and as you said is very true when someone has a good understanding of the risks and can manage them well. To be able to minimize losses, of course they will invest in Bitcoin and for some people who choose to save at the bank, it could be because they don't understand Bitcoin very well, which is very good for future investment, or they don't understand well the banking system, which is only the bank benefits more than those who save at the bank.

Having some funds saved in the bank is indeed necessary for the needs we need or as an emergency fund, but if we save large amounts of money, of course this will be very detrimental when inflation occurs, as you have said, if they save it for their children and when they taking it when inflation occurs, of course the money is still the same and the value of the money is very different from before we saved.
11  Economy / Speculation / Re: Buy more Bitcoin when downward on: July 06, 2024, 02:38:24 AM
The current decline is very deep, I didn't expect it to be as drastic as it is now, currently the price of Bitcoin has fallen to 54k and I think if we wait for the price spike it will take a little longer.
And for those who buy and keep it for a long period of time/invest for the future, of course during a drastic decline like this is a pretty good time to buy as much as possible.
Of course accumulation is the right advice, but I agree about what can you do if you don't have a budget? Accumulation basically requires a budget that varies greatly depending on how much you want, but I wouldn't necessarily say one needs to be forced to accumulate. Bitcoin certainly has lower risk than altcoins, but if you really want to accumulate, then consider DCA too.
Before deciding to take advantage of the downturn, of course we must first prepare funds that we can use to accumulate Bitcoin because if we don't have a budget, of course it is impossible for us to accumulate these assets and if indeed we still force ourselves to accumulate, however It could be that we need these funds so we have to take them under any circumstances. Of course this is very detrimental if the price has not recovered and it would be better for us to have funds that we are ready to hold for a long period of time if we really want to accumulate Bitcoin now so that we don't just runs for a while then we have to sell again at a loss.
12  Economy / Speculation / Re: I didn't expect to see it went below 56k on: July 06, 2024, 02:22:37 AM
there are some news today that make bitcoin drop, but something like this is not new for bitcoin, even bitcoin has experienced a worse drop than this, so there is no need to panic that bitcoin will drop even worse. the point is if you have bitcoin investment keep holding and don't panic, because you will not lose if you do not sell.

even if you can, you can accumulate more bitcoin when the market condition is like now and do not need to worry that the price will continue like this because bitcoin will definitely go up again.
Except for the newbies who are panicking, those who have been through a bear season or two before won't be worried about what's happening. But I guess many people were quite surprised and a bit disappointed because everything happened quite quickly and not as people expected. Most were very optimistic and expected a bitcoin recovery this month, but in less than the first week of July, we continued to see bitcoin being dumped. Disappointment is inevitable.

I was also surprised and a bit disappointed but did not panic because with such a deep decrease, it will take us quite a while to recover. But like you said, this will be an opportunity for those who still have money and want DCA.
As beginners who are still in the process of learning about investing in Bitcoin, of course it is natural for them to panic, but if they continue to try to understand how Bitcoin works, of course they will understand that this is how Bitcoin works, you are right, this happens very quickly and not everyone we can assume that Bitcoin has experienced a decline below 56k and this will be able to be exploited by those who have sufficient funds to be able to buy at this time but if we do not have sufficient funds then we still have the opportunity to collect funds to be able to buy it so that we can hold it Until the increase arrives, of course we will be able to make a profit.
13  Economy / Economics / Re: Money doesn't guarantee happiness. on: July 05, 2024, 09:58:47 AM
Everyone's life is different and the things that everyone likes and makes happy with are different. Happiness can sometimes come from even a small thing. In some cases, things done with money can bring happiness. In this regard, we should not think of money, happiness and the things that determine them separately. Just as money does not guarantee happiness, there are also people who are happy with money.

Everything that happens in human life is interconnected. Happiness can sometimes be simple and sometimes complex. You can be happy with or without money. The important thing is to be a good person.
You are right that each person certainly has a different way of getting happiness and this really depends on the way they live their life and can accept all the achievements they have achieved and it is true that there are some people who have to spend a lot of money to be able to get happiness and There are also those who can feel happiness with things that don't require spending a lot of money and in this case I think it really depends on someone managing their own situation.
I agree with you that the most important thing in living this life is that we must remain good people so that we don't do things that are unnatural and also violate existing rules in order to achieve happiness.
14  Economy / Economics / Re: Resources are not infinity on: July 05, 2024, 09:37:35 AM
Hope you are not the type of people waiting for government to give them job or provide food for them before they can become a responsible people in the land, which government will never do such a thing to favor people in the country.

Make use of any opportunity that come your way, which is the best way not to depend on government to become what you want to become in the future, because government resources cannot satisfy everybody in the country but if you can create your own business, you will make a difference in the country that will make other people to follow your step. Any government that make use of their resources very well in their country, it will be hard for their people to experience inflation in their land, because they will make use of their mineral resources to fuel some of the projects that will make their people to experience good governance in the country.
Waiting for help from the government without doing anything is of course a very bad action because as long as we still have the strength to be able to try to do something that can give us income that can meet our own needs, it is another matter if we no longer have the ability to be able to work will certainly be able to get assistance from the government.

Choosing to do your own business is of course very good, especially since we can be successful through the business we build well, of course we can use the workforce around where we live, if the government can manage their resources well, of course Of course, this country will have sufficient job opportunities for its citizens and this will of course really help their country's economy.
15  Bitcoin / Bitcoin Discussion / Re: Growing both your Bitcoin and backup funds. on: July 05, 2024, 08:45:41 AM
Backup bitcoin is good idea. It help to future savings. So don't lose the bitcoin. If have bitcoin hold it long time . Bitcoin price is any time hit the price. It best investment and savings your Life time. Hold time hold the Bitcoin easy wasy got more profit.
When you have decided to invest in Bitcoin for your future, of course you will have a good understanding of the risks of investing and don't decide to invest without having any understanding of this, of course this will cause you to suffer losses on the investment you will carry out.

If you choose to maintain it for a long period of time it will certainly be very good and when you have experienced the benefits of the investment you have made, of course you can enjoy some of the profits you have earned and if you choose to maintain it for a longer period of time of course This is not a problem, but you must still hold other funds to be able to meet the needs you need.
16  Bitcoin / Bitcoin Discussion / Re: Bitcoin for your children & future wealth distribution on: July 05, 2024, 08:13:04 AM
When the child is off-age, as the parent who is interested in bitcoin, you can just call them together, even if it's just a single child you have. You can give them a child-to-parent kind of talk and share your basic knowledge about bitcoin with the child.
 
How they respond and the interest the child picks up from the teaching will determine if you should go further or not. I think we are now in an era where children are more exposed and know how to make choices on things they want even before they reach the age of 18.
Sharing knowledge about Bitcoin with children will of course be very good, but we also need to pay attention to them whether they have an interest in learning about this or not and if they really have a curiosity about this, of course we can first explain to them about it. the basics of Bitcoin until they reach adulthood, then we can explain Bitcoin in detail to them, but if they are not yet interested in this, it would be better for us not to force them to learn about Bitcoin earlier and we can continue to do things. what we should do to prepare our future better and we will be able to teach our children after they grow up.
17  Economy / Speculation / Re: Let's Hold Strong, Not Hope for a Drop! on: July 04, 2024, 09:41:40 PM
True investors have different mindset from fake ones. Bitcoin real investors will definitely push to buy regardless of its price, that’s how deep their faith in bitcoin is. But for those who only want to create hype, even if the price gets too low, they will still never enter bitcoin investment and will always have alibis like this or like that. In short, they really have no plans to invest in bitcoin from the start. They’re just fooling around to distract those who are highly motivated to buy bitcoin even at a small amount.
When someone decides to become an investor in Bitcoin, of course they will try to be able to buy whatever price Bitcoin is and will hold it for a long period of time, but for some people who just want to attract other people's attention, of course they don't understand this investment well until they will not be interested in investing in Bitcoin and what they are doing is just something that is not profitable for themselves because they have seen one of the best investment opportunities at the moment and they are not taking advantage of this opportunity and if they have seen the price of Bitcoin has increased again I think they will regret it what they have done now.
18  Economy / Trading Discussion / Re: Most Traders are Not Profitable on: July 04, 2024, 09:23:04 PM
-snip-
In trading, it frequently happens that the trade we closed the day after or a little while later turned out to be more profitable. Market dynamics and psychological considerations are to blame for this phenomena. We are frequently subject to short term volatility and panic selling when we conclude our trades. This is further complicated by our own impatience and market volatility. Using smart trading rules with discipline and a long term outlook is very crucial. We cannot win in trading unless we are consistent and practice good risk management. By keeping this in mind we can turn a profit on our trade.
When you experience a situation like the one you have described, of course everyone will feel disappointed, but the best thing is for us to continue to look for the mistakes we made and learn from them again and must be able to improve in the future and when those who hold an asset experience a decline in Of course, this will cause panic for some people, but we also need to re-do analysis so that we don't waste our time holding the assets we hold and in dealing with market conditions that have high volatility, of course this requires patience and not making decisions. If there is a mistake, of course we have to do an analysis first in order to produce a decision that benefits us.
Continuing to practice trading will help us learn directly, but if we haven't really mastered it well, look for someone who can help us learn this and of course we have to use a little capital first and after we have mastered it well. Of course we will be able to take advantage of the funds we have.
19  Economy / Trading Discussion / Re: Failed DCA Strategy When Buying Bitcoin on: July 04, 2024, 05:46:27 PM
It should be like that since if you use the money you can't afford to lose then maybe you will start to have a problem and will just get stress on the situation that you didn't expect to happen. So its important to invest an extra funds here which separate intended for investment and make sure also that you have good source of income so that there will be bad scare towards losing your money and you can set aside any unnecessary emotion since the money you used is intended for investment matters.

But if DCA method then backed up with good understanding and strengthen up our emotion then for sure that doing this DCA strategy will never fail us. Because our decision making usually put us in danger towards this matter.
When someone uses funds to invest and is unable to bear the losses when they have invested, it would be better to postpone their investment first because they are not ready to invest in the hope that they will be able to get a profit from what they have invested and if you use additional funds To carry out investments that don't require anything else, of course we don't need to be afraid of investing as long as we understand it well and know the right time to invest.

Some people think that investing in Bitcoin is very easy using the DCA method, but I think this will be very difficult to do well when we don't have a fixed income and the income we have is not yet stable, of course this will disrupt the schedule we have set. and this will certainly affect the results we will get from this investment.
20  Economy / Economics / Re: Things to avoid when you earn a lot or become rich on: July 04, 2024, 07:07:06 AM
Everyone must realize that investment is an important thing in their life because investment can also help everyone who wants to do it consistently in the economic sector that can provide the best value for them. Now it is becoming increasingly difficult to become rich, even though every year there are always poor people who become rich after undergoing a previous investment period. Because now to become rich it is not enough to just work and save, but it must also be accompanied by clearer investments such as Bitcoin, real estate and others.
When someone realizes the importance of being able to invest, this will make them wiser in managing the income they have and they will also use the income they have for things they really need and some may postpone what they want in order to bring results. make investments well, to be able to make ourselves rich of course we have to be wiser in managing our income and also have to work harder and of course we have to continue to do it consistently in order to achieve the success we want and choose to invest then this will very good, especially since we can invest in the fields you mentioned. Of course this will make us better prepared financially in the future.
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