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1001  Economy / Gambling discussion / Re: 2023 NBA Season on: November 08, 2023, 09:35:17 PM
I have missed the debut of James Harden with Clippers but it looked great on his debut although they've lost against the Knicks.

Nothing spectacular about James Harden debut though, his usual self, getting his team mates involved because he has a good peripheral. But as you have said, Knicks looks solid already and Julius Randle knows his role and then and RJ Barrett, improving and could be getting into his prime years.
Yeah, nothing spectacular but looked great to me. New York Knicks has always been solid and the expectation from us is always met by them. They just keep on upgrading every season.

As for the Lakers vs Miami game, Lebron James really push himself, but Bam and Herro had a solid game.

So right now, the Lakers are inconsistent again, they don't need to do catch up games, they need to play full 4 quarters.
Heat no contest did great. Lakers was so close on that game but it's not that enough at all. Last like season, it's not a good start for them and I think they've got a better start this time unlike last year, right? Because last year before they even get their first win, I think it took them a lot of losses first before having that.

But this time, they're like the other teams that are on the record of 3-4 and that's not that bad at all as they start this season. So, that's why I am saying that they've got a better start this time than the last.
1002  Economy / Gambling discussion / Re: 2023 NBA Season on: November 08, 2023, 08:35:42 PM
I just watched Lakers vs Miami game, I mean the highlights of course not the full game, and I have to say both teams not scoring a single point for the last 2 minutes and 37 seconds is the explanation of how that game went. Lakers managed to come back from 13 point deficit on the last 4-5 minutes, and just 2-3 minutes of it, and on the rest of the 2.5 minutes they didn't score a single bucket. Heat is still one of the best defending teams of the league, no matter how they lost to Nuggets, they were still quite well and they did alright until there and they seem like they still have that.

I mean if they got Dame that would have been a whole another story, they would have fixed scoring issue when needed, but their defense at least seems great. Lebron was great once again, Austin Reeves literally lead the rebounds, but one thing to keep in mind that AD is still not playing as well as people expect him to play, he needs to get better, it has been a few games.
Much better that Dame was transferred in the Bucks and not with Heat. Heat is already composed and a balance team IMHO, they've got scorers and defenders and their defender and big man is even a scorer. Those very last moments of the game was crucial and I think the talked last pass and buzzer beater of Lebron James was all planned by Darvin Ham.

It's all in the coaching board drawn on how they're going to end the game but it didn't end properly. It's being argued that James should have given that pass to Austin and that's pretty much better. But anyway, they do what they have to do because they're all tasked and instructed as they are but it's still different if we're going to talk about basketball IQ.

I have missed the debut of James Harden with Clippers but it looked great on his debut although they've lost against the Knicks.
1003  Alternate cryptocurrencies / Altcoin Discussion / Re: How to invest 8k for passive income. on: November 08, 2023, 07:59:41 PM
Trading isn't safe and if you want to earn with those amounts, you have to take the risk in trading if that's one way you're thinking of gaining some profits.

1. Staking (Locked staking would provide you with much higher interest)
2. Lending
3. Masternodes/crypto nodes
I think lending is fine but he has to make good decisions there because if he's not into the business, he could go bankrupt easily. As for staking, it's one way to gain some profits but it's not shooting to the amount that he's thinking of earning. That is because usually the low interest on it won't suffice the daily profit that he's thinking to have. Locking your funds on a platform could be as good as it may seem and look to be.

But I'm not recommending that because you don't know what may happen in the nearest future and what if you need that money. It's fine to get into flexible savings but that's also going to give up the ownership of that crypto you own once you agree with that term of locking it.
1004  Bitcoin / Bitcoin Discussion / Re: investing plan on: November 08, 2023, 07:37:18 PM
Hello Community,

I have 1500$ and i want to invest it crypto as holdings. What do us suggest invest it all on BTC or alts? Thanks
Are you a beginner, the best advice is to invest all of it in Bitcoin and see how the market will wave Bitcoin and you'll have the idea how everything moves just as it all depends on it. If you heard out newbies made a lot of money with altcoins, they're just as lucky as they start out. The trend has been in their favor and they have never expected that to happen.

Usually, people who have made a lot of money from altcoins, it's either they've known that project for so long or they all suddenly invested in it just because the trend was seen on those. For you as a beginner and don't have any idea yet, it's always best to go along which is the market mover and that's Bitcoin.

Maybe someday in the future, you'll explore with altcoins when you have already seen how the market moves and how more volatile the altcoins are and understands that they're all following Bitcoin.
1005  Economy / Gambling discussion / Re: 🕹️ Esports 🎮 Prediction & Discussion Thread on: November 08, 2023, 06:20:51 PM
Nine and Stormstomer are already out from their respective teams. Nine chose to leave the team because he's taking a leave and it's understood what he wants for now, to take a break and have some rest after all of the consecutive years of playing Dota 2. That's mentally stressful if you're going to ask me. If they didn't just take Topson on their roster and if Saksa is just healthy, I think this last TI would have been a different result for them. Nine is one of the best and most versatile mid-laners in the entire Dota 2 professionally. We've seen a bunch of unusual heroes that he has played in the mid-lane and managed to win games. If he didn't just transition and gave way for topson and made himself a position 4, it's really going to be a different story at all. While for Stormstormer for Entity, he's an inconsistent mid. Sometimes he's strong and sometimes he's not.

Also, the roster of Talon Esports has been released but I think this squad is likely going to stay and will play with a different organization since they have been released by their organization.

Going with the ESL One Kuala Lumpur 2023. There are already the 4 invited teams and they're the grand champs to top 3 from recent The International.

  • Team Spirit
  • Gaimin Gladiators
  • LGD Gaming
  • Azure Ray

There are rumors everywhere that Tundra is in negotiations with Gladiators, but we don’t know much details yet. I think that they will be confirmed and a big surprise awaits us. As for the fact that Stormstomer left the team, it will be good for Entity, I’m absolutely sure of that. I think he was the weak link. As for Topson, I wouldn't be surprised if after some time he goes inactive again, although due to the likely lack of money this may not happen.
It is likely that most of the strong teams and players have decided to take a break for this moment and I think it will last until next year or January of 2024. I am hearing rumors about a buyout contract and maybe that's going to be from Entity but I don't know who's that player, maybe Gabbi or watson going somewhere until the contract is finalized and done, they'll soon announce the roster of that team.

Talking with GG and Tundra, if there have been negotiations on their end then I think that it's about taking Quinn and likely tofu. The slots for Tundra for mid and pos 4 are open and that's why it's likely that they're the two that will be taken if the rumors tend to be true.

It will be incredibly interesting to follow ESL One Kuala Lumpur 2023, but I probably won’t watch Team Spirit games. For me, the winner is known in advance, because no one can compete with them and the games turn into a beating for the other team, as was the case at TI12.
Team Spirit has expressed that they're likely to play with stand ins since a few of them mentioned that they're going to go for a break indefinitely.
1006  Economy / Economics / Re: AI will put an end to work, says Elon Musk on: November 08, 2023, 05:53:54 PM
The machines programmed by humans are designed to serve us but what's going to happen if we're teaching robots to become sentient by using AI. If they're starting to learn they'll discover they're existence's a switch or power cord away from being ended because a human's holding the power so it's possible they'll take action.

After all, they are just machines and programmed by humans, they cannot be smarter than humans to completely replace us. Furthermore, we create AI and robots to serve us, not to replace us as many fear.
Possible and those movies that we've watched before that have robots and rebelled against their masters and humanity, that could happen. As much as I don't want to think about it that won't make sense honestly because they're just a few taps away. They are continuously learning and that's what we're seeing with AI and even the developers of it know that it's plausible.

But if the time comes that they go against humanity and they're violently programmed, I just hope that there will be organizations or unions for developers that they're going to avoid such programs that can develop into such. Someday works that can be done by AI will be there but I am sure that there will be newly generated tasks and jobs that can only be done by people.

It is just only bringing fear to think of the possibility of the one I have mentioned in the future because there is a chance. But while it's still too early, there can be chances that it won't even happen as well so, with such, hope it won't come into reality but unlikely.
1007  Economy / Gambling discussion / Re: What's your nice hit to leave the casino. on: November 08, 2023, 05:19:16 PM
As a gambler, from when I leave the house down to the casino prior to getting there I normally project specific amount that should I probably hit am turning around to leave for home immediately. And am quite sure am ain't the only one who have for one  had this plan thought wrapped in his head, some persons might have too.

Just in case, what amount will be looking like a nice hit for you to leave a casino just immediately for maybe your first, second or third hit on the machine as you have just walked in?
It is unknown to me because I don't usually hit any target at all and just withdraw whenever I think that I have to. Because if I set a target, then I have to pressure myself that I need to reach that. Unlike having no exact amount but just range or estimates, no pressure at all and can withdraw anytime and just enjoy it without having to think a lot.

And when you walk in to a casino or just logged in, the only thing that you have to think is all about winning. Yes, enjoying is there but you need to win as well when you have certain targets and look at the folks that have said that they're for gambling and having fun and yet they have their own targets to hit as they go away from the casino.

That only means that even you want to have fun, there's also the target that you want to manifest as you walk away from that casino and that is because winning means money to you and it's adding the fun that you're having.
1008  Bitcoin / Bitcoin Discussion / Re: How do you cope with those around you not believing in you for choosing Bitcoin? on: November 07, 2023, 11:35:59 PM
Pretty much self explanatory.  How do you do it?
Here is my way.  I mostly pushed away and pulled out of relationships with people who seem to stand against my beliefs.  Instead of convincing them I just moved on.  I found that a lot of those who do not believe in my choice of investment and think I will fail are the same people who never listen. 
They mostly are and will never listen to a thing you say but remember that they'll be there when they learn that the market has been so bullish and they'll even ask you again just for the sake of profit. That's a cycle based on my experience but I never spend any time on those people that are only interested when they see the market is up so, they do their own research. And that's how I moved on.

Know it alls who rather put you down and disregard your feelings with no logical reasoning.  Sometimes it feels like they envy you or some thing.

I believe this is a healthy way of handling your environment.  Keep negativity outside your bubble.  Only keep close to you people who give you the ambition and optimism to continue.  Not sure how many of you believe in this.  But manifesting negativity has always brought negative outcome in my life.  Surrounding myself by positive thoughts and positive people has brought a strong source of light all the time.
Most likely they envy us because they see that we're benefiting on this market and we know more than them. There are people that don't want to be overcome by another person they know based on their achievements and what they do. These are the a-hole people that never stops doing things on their favor but they hurt people, these are the people that we should pity.

It is healthy to shoo away these people because they're not going to contribute to your happy days. Never look back at them even if you become successful with Bitcoin investing. Like for me, they're wholly crossed on my list.
1009  Economy / Gambling discussion / Re: What conditions might cause you to stop gambling? on: November 07, 2023, 10:43:58 PM
In a positive reason? I think if it's all about being rich. I know that many might still continue to gamble if that happens because that's how it is going to be and you've got a lot of resource on your hand so that you can keep gambling. But for someone who's set for life and has seen the hardship of it, I might just stop when I am already rich like I own a bunch of businesses and they're making a lot of money.

That means that I have no time anymore for doing such things because I need to focus on several things and if there will be some recreational activities that I wanna do then that couldn't be gambling but in some sports maybe like what the rich are doing on their pastime. Some may go back to gambling through their older forms that's what it's like to me.

And in a negative point of view, just like what everyone is saying about having no money. You couldn't gamble anymore when you have nothing although some have the demo modes but there is no fun with those. Yes, you gamble and play but you don't stake real money so there's no fun with that unless you are literally having fun with that.

Those men that have been scolded by their wives and threatened to end their relationships. Salute to all of you that have chosen to lie low in gambling and chose your wife so that she'll not worry about anymore if you are a spender and you can't control yourself but at least, your partners or wives managed to control you and helped you with that.  Grin
1010  Economy / Gambling discussion / Re: Gamble Responsibly on: November 07, 2023, 09:43:02 PM
Yeah, I agree. When we're saying things like be responsible in gambling, it's actually easy to say but when you're dealt with the reality then that's when it's hard to deal with it. It's not just gambling that you push you to do more but it is your own decision that picks up the situation that you have to gamble and continue even if you've got almost nothing left anymore.

The case for most gamblers is that we're starting responsible but when we're already in the middle of it, that's when things change. We want to gamble more even if we don't have money anymore because we've lost a lot of money and we can't accept the fact that we're losers so we chase, we recover and then we lose again. The cycle continues that makes us stuck on that which makes gambling is harder for us because the reality is there but we can't accept it.

So, when a gambler has already lost everything that's when he's going to be knocked by realization that he did the wrong thing. When he's got the opportunity to gamble and then made some profits, he didn't withdraw and stopped.

Yeah we start responsible and we think that we can continue and being one, but when situtation triggers that's the time we forget about that responsibility, we continue to chase, either we are in the winning side where we keep trying to add more and have that mindset that we can continue winning with the strategy that we are using or even we are in the losing side where we are trying to chase back our loses, only to realized that at the end of the session most of the time the outcome is on the otherside, not on our favor and we regret that we did  try to push while we still have the time to quit and stop.
That chasing is going to put us nowhere and in a harder part. We tend to make more losses in that situation and we will only come to see that we're doing it wrongly at the end when we understand that we just made a mistake in doing so. We're trying just to make it right and then suddenly, another trigger will come to our mind about the possible situation that we should be in.

That's the hard part when you keep thinking of your losses and you can't move on. There are gamblers that can't accept it easily and that's why they need to make it through those experience before they finally see that it makes no sense to chase losses.

Just make it right that you're gambling happily and you'll be able to do that whatever is going to be the result of it. But most likely, definitely we're happier when we're hitting the numbers and when we're winning. But if not, just accept it and do gambling some other days.
1011  Economy / Gambling discussion / Re: 🕹️ Esports 🎮 Prediction & Discussion Thread on: November 07, 2023, 08:28:09 PM
Nine and Stormstomer are already out from their respective teams. Nine chose to leave the team because he's taking a leave and it's understood what he wants for now, to take a break and have some rest after all of the consecutive years of playing Dota 2. That's mentally stressful if you're going to ask me. If they didn't just take Topson on their roster and if Saksa is just healthy, I think this last TI would have been a different result for them. Nine is one of the best and most versatile mid-laners in the entire Dota 2 professionally. We've seen a bunch of unusual heroes that he has played in the mid-lane and managed to win games. If he didn't just transition and gave way for topson and made himself a position 4, it's really going to be a different story at all. While for Stormstormer for Entity, he's an inconsistent mid. Sometimes he's strong and sometimes he's not.

Also, the roster of Talon Esports has been released but I think this squad is likely going to stay and will play with a different organization since they have been released by their organization.

Going with the ESL One Kuala Lumpur 2023. There are already the 4 invited teams and they're the grand champs to top 3 from recent The International.

  • Team Spirit
  • Gaimin Gladiators
  • LGD Gaming
  • Azure Ray
1012  Economy / Gambling discussion / Re: For Newbies Interested in Gambling on: November 07, 2023, 01:56:28 PM
Being patient and consistently involved in healthy gambling habits will surely make you a successful gambler.
But the thing with gambling is that no one's consistent. This is true, you may be a good gambler today and tomorrow you'll hate yourself for being unlucky and having more losses than you can ever imagine. And even with that, that's still healthy gambling because if you're not experiencing both then there's something wrong with you.

If you are newbie who is interested in gambling and has been following the gambling community here or any where online or offline, your purpose should be to learn as much as possible from the shared experiences of others such that you can eventually branch out independently, allowing you to operate without dependence on others.
That is only if they want to listen to others' experiences. Because the typical ones don't want to listen to anybody and all they listen is to themselves. They honor the experience of others but if tips are given to them, it is unlikely that they're going to listen. And that is because their reasoning could be it is their money, it is them to believe and not with your money and your belief.

Note that the most important thing in gambling is bankroll management and finding value. What messes people up is poor bankroll management.  Personally, I limit my bets to no more than 10 percent of my bankroll per day, I stop once that limit is reached.  Also don't get discouraged if variance comes in and you have a losing day, week, month, etc. Value is value and it will catch up.  Goodluck on your gambling journey.

Gambling oldies can throw in their 2 sats on this.
Bankroll management is actually a good skill, yes, it's a skill since it requires you to manage your own bankroll. And from being a good one with that, you also need to be good in decision making. Because when you gamble, it is all about mix feelings and results and as I've said about decision making, the outcome of your bets will affect it because it can pull you out of good move and make bad decisions.
1013  Economy / Gambling discussion / Re: Meta's no ads subscription and gambling disorder. on: November 07, 2023, 11:00:56 AM
These social media platforms are becoming wiser these days. Before, we didn't want to see ads and we had no option but to view those ads they'll make money from the viewership they get from their audiences like you and me and this is how they are actually earning from the platform, and that's our task and that's to view their ads for their metrics, statistics, and analytics to show for their advertisers.

Now with this offer, it's like a YouTube subscription that you'll have to pay on a monthly basis so that you'll have no ads on your feed or wall. It's actually a business strategy for most of the platforms now so they make money from those users that don't want to view ads through subscriptions. Still, they also earn money from those who don't want to pay because they'll still view ads from their sponsors or advertisers.

But I am thinking of the brighter side that if it's going to be helpful for a gambler who's dealing with hardship because he/she sees left and right ads about gambling because that's how they work, algorithm. They know our interest, they know the websites and cookies that we've got so in short, they'll just send us with a blast of ads that are also part of our interest.

I don't wanna cut the fun but since I am not from those regions and even I am part of it, I'll not do it. We just need to be responsible gamblers and no matter what you are up to, in the end, it's always you that shall avoid these temptations that you need to overcome.
1014  Economy / Gambling discussion / Re: Quit gamble! Easy or Hard? Let's talk. on: November 06, 2023, 11:47:44 AM
one of the things about gambling addict is that they tend to be very upsess with gambling as such that they will be willing to use all they have including there properties to gamble, that's why is always advice able to have control on everything we do so that when you feel you are pushing too much you can easily advised yourself.
That's so much when a gambler gets to that point and he's willing to sell every asset that he's got including properties and investments. It may sound funny for some but this goes with the reality that's happening globally. There are gamblers who can't be stopped from doing such and only emptiness will stop when they have nothing anymore.

Because gambling addiction has greatly affected not just the gamler but also there relationship and families, however I witnessed it myself how many years of relationship break up because of the gambling.
If that has come to the point after selling everything that a gambler has and gets to that moment where every relationship is being affected. The time will come when he has to take counseling seriously from professionals because that's how they will be guided. Pride will be gone if they come to realize that it is not going to have any more good connection to their family and intimate relationship with their partners.

For one to overcome gambling and be able to completely quit, one needs to listen and apply the advice that has been given to them. Because if it's not for them, then there's no problem that needs to be solved. But if it has come to fixing his own self, there's a need to follow the suggestions for the sake of his well being.
1015  Economy / Gambling discussion / Re: Do you guys believe in other people luck and try to copy them? on: November 06, 2023, 07:02:25 AM
It is fun IMHO until you have seen that there is no benefit from copying others bet. If you think that it fits your style and you like it whichever is the result of it, that cannot be taken away from you. So it is basically fun until it lasts for those who are enjoying to copy othees bet.

It could be a terrible idea but as said, if it works for you then it is not a dumb idea because you are earning from it. How many actualy made from such? if there are, I am guessing that they are few and relied wholly to their luck. But do we know when luck comes for us to keep doing this strategy?

We do not know and that is why it is not a good strategy to be done. In final, it is your money after all and you can do everything with your money and do anything that is crazy for you to spend it for different strategies you wanna do.
1016  Economy / Economics / Re: What is the right age for financial stability? on: November 05, 2023, 11:28:45 PM
With that phrase or parable you've mentioned, I won't give an exact age on what is the right time for someone's stability. It's because we have our own timeframe but this only applies to those people that are trying hard, working hard, and trying to be the better person that they are.
It's true that our decisions will determine us on what is the right age for our financial freedom.

There are cases that there are kids that achieved that when they're on their teens and don't get it wrong or don't be discouraged when you happen to see one. It's because we're not all the same thinking and with proper guidance, someone can really achieve that right. While on the 20s-30s, that's the time when people gets to enjoy most and even up to 40s.

But as said, you do you. So whatever makes you happy, you make memories and you create it together with the people that you're happy with. It is incomparable to the topic that we have for being financially free. We can always work for the money but if the goal is to retire early and get lesser work but more time to enjoy. That's why you see people work tirelessly from these ranges of 20s-40s and then gets to enjoy life 40s on wards.
1017  Economy / Economics / Re: Would you prefer to own a luxury watch or invest in bitcoin or other assets? on: November 05, 2023, 10:21:13 PM
I'm actually quite surprised why people are interested in spending a lot of money on a watch that in fact is only worn on the hand, it's the same with women's bags (hermes brand or louis vuitton), some people make the price seem unreasonable.
Those people who are into these collections and investments are probably also the same thing as us. , how could these people invest in Bitcoin which is just an intangible thing, and internet money? The price seems to be unreasonable and expensive and it's an unseen thing that they only see the projection of its value through numbers and can never touch it. Until the explanation goes on why we're on it and the same goes for the explanation for them.

Bitcoin has a market, while these luxury genuine watches and bags have also their respective markets.

I think we should stop comparing apples to oranges here, if given the chance I know most of us will take both options knowing that these two could bring you money. Why choose one when you can have both?
Exactly. If I am definitely able to get into both worlds of these two, why not? although I am currently in one so it's the luxury watches that could be my next target.
1018  Economy / Gambling discussion / Re: What's the best advice or should I just let him on: November 05, 2023, 09:40:35 PM
I'd like to ask the community I have a newly moved neighbor he is a widowed senior citizen and he lives alone with a house helper, all his children are now professionals and he is a pensioner, we talked a lot about many things  I just noticed that he is very active on online casinos and other gambling activities like lotto and cock fighting every weekend, his children do not know his activities and I'm afraid he is getting addicted.

Should I give him advice on how to manage his gambling activities or I just let him since he is just enjoying his senior years and doing things that he missed doing when he was still young? and what's the right approach, we all know senior citizens are sensitive to criticism.
If he does that every weekend, give it to him. That's not a sign of him being addicted to it unless he starts doing it every day. And for a retiree, let him enjoy his money because you're meddling with what he does during his retirement. Better give him his deserved peace and do everything he wants to do.

He's got his own money, he's not touching others' money to sustain his cockfighting and lotto betting. So, just leave the old man on his own and you have said that he's got professional children. That means that leave that obligation to his children if ever that he's going to that point of being addicted.

Other than that, with these situations, we just have to enjoy every single thing that we have when we're old because you'll never know what will come by tomorrow and as long as he's also meddling with other people, that's fine whether he gamble every weekend either with lotto or cockfighting, horse racing or anything.
1019  Economy / Economics / Re: Would you rather start/grow a business from scratch or buy an existing business? on: November 05, 2023, 08:51:33 PM
If someone is starting, it's best to own and begin with your own business. Not just that you'll feel the ownership of it but you will also understand the concept of building from scratch. And once you're done there, just repeat it until you go to the point that you're now buying other businesses just like what the rich do.

If you step up your game in the business sector. It is one way to grow your stay there and that's to acquire as much as business as you can based on your interest and growth that you're looking for. So, if I have all the resources, this is my type to grow business and also buy businesses that I want to continue whether they're already profitable or not but of course, it's more with the profitable ones.
You summed it up very well: if this is your first business, I also think that growing your own business is better. This way, you can learn from the ground how everything works, you are able to make mistakes and learn from them, and it is still your personal project which can be abandoned if things go wrong and start a new one with the lessons learnt. The kind of activity that fits with the entrepreneurial personality.

But, when your business has grown, one typical way to keep growing is to buy existing ones that you think are promising/create synergies with the rest of your business/they are a bargain because they are on sale. Of course, to do that, you need the capital, and it is not generally a good idea to borrow it when you are starting and have no clue on how these things work. If you like these things, you'd better study M&A instead. The kind of activity that fits with the management oriented personality.
Yeah, whatever is the result of the start of your first business what matters there is the lesson that you'll have. Because you'll have the idea on how to put it up and what are the challenges that you need to face and to overcome. While others boil down straight in acquisition without any idea of how to run a business as a starter. They think that it's a good shortcut, well, it is a good shortcut but you don't go to that point yet when you're a novice in running a business.

I'll put it into this logic.
It's best that you know what you're driving and then when you know how to drive and you've got a proper license to drive. That's the point to start thinking of your dream of driving better cars or the cars of your dreams.
1020  Economy / Economics / Re: Inflation overpowers the value of money on: November 05, 2023, 08:33:05 PM
First of all, moderate inflation is not bad for our economy or ourselves. It stimulates economic growth and promotes capital formation.But high rates of inflation lead to a retarded standard of living as they reduce the real income of people. It's regressive; that is, it adversely affects poor people. It increases inequalities (it increases the profit margins of business entities while reducing the real income of the salaried class—the rich become richer and the poor become poorer), and it reduces capital formation.Moderate levels of inflation are acceptable, but high inflation definitely warrants action by the government immediately.
As a citizen, you cannot moderate the inflation. This is the job entirely of our government through policies and laws that they're going to implement given the situation with businesses and sectors that are contributing hugely to the economy of a country. A high inflation is the result of incompetent government and there's no solution to it but to replace the government officials because it's obvious that they do nothing to stop or lessen it.

Usually with these results, they're just corrupt officials and just sucking the money of the people that are generated through the taxes. There's a huge inequality with this, the poor gets poorer and the rich takes advantage of it and becomes richer. This is the system that we used to live and it's hard to deal with it if you're going to stay into that system without any change that awaits you. So as an individual person trying to cope up and beat inflation, you'll have to do that much for your own favor. It's either leave the country or work your ass off more than the usual working hours together with other jobs or income sources.
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