Bitcoin Forum
May 25, 2024, 01:17:38 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 [55] 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 ... 248 »
1081  Bitcoin / Bitcoin Discussion / Re: Investing doesn't guarantee you to be rich on: May 09, 2023, 05:05:44 AM
Investing does not guarantee you to get rich, but it makes it very likely, if we understand by "getting rich" the improvement of your economic situation, and we are talking about long-term investment.

It is even more likely within an overall personal finance plan, with a control of income and expenses, an emergency fund for unforeseen events and a diversification according to your knowledge and risk tolerance. With this, if we discount unlikely bad luck scenarios that make you need to dip into your saved and invested money, everyone improves their financial situation, or gets richer, if you prefer.



Having an investment of course doesn't make you rich in instant there's always be a process. Investing your funds it's much better than saving it but you can do both so some of your money are working for you and some for in case of emergency. There's always a risk but a high risk always come with high reward but also none, still better to have a probability of success than nothing. Investment could make you rich for a long term, it we think of it people who bought BTC decades ago if they still have it then most likely they are rich now.
1082  Economy / Economics / Re: Corruption Should Be Taught From Young Age on: May 08, 2023, 09:16:26 AM
You could teach them that corruption is a bad thing to do in such young age but children doesn't have to do with corruption. It already existed before when centralized system with low democracy causes them to divide the higher rank of people to low. It's already a thing before where civilization adapted it even to today current's government. Even when you tell a kid how corruption works you can't still say they might do it because from what I see some corrupt government once they tasted the instant money from corruption, they would be addicted to rob them all.
1083  Economy / Trading Discussion / Re: Day trading is perfect work for jobless peoples on: May 08, 2023, 08:18:25 AM
In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.

Are you not an employee? do you know anything about trading? if yes, how long have you been doing trading? and how long did you study trading? Because trading when you don't have any idea here is not that easy for you to immediately understand the ecosystem here so you can earn good or enough money every day.

      If those who have been here for a long time in crypto trading are still making mistakes, how much more are those who don't know?
even more so, am I right? Crypto trading is good if you start here part-time first, but if you don't have a job, you can also do it full-time.

Plus the difference between being an employee and being a trader is the stressful environment like the workplace something like that. In trading you'll have to understand the system in the market for you to be aware since once you adapt it then it will be easier for you to earn. As he said about freedom, of course it's different to being employed than being a trader since crypto is a decentralized system where you have the control to your funds.

I think it's still better to be employed and doing trading for you to have extra income for you to invest for the future. Still we have preferences if people could live and pay their bills by just full-time trading then it's good. After all we are aiming the same thing is to win.
1084  Bitcoin / Bitcoin Discussion / Re: Does the world still see Bitcoin as a scam, or is it just a lack of interest? on: May 08, 2023, 07:50:28 AM
Even a decade from now when Bitcoin will have gained more traction and visibility there are people who will still feel it's a scam. There hasn't been a time the entire world agreed on a particular thing; doing that will of course be boring.

It's because the complicated system of the Bitcoin which could result to profit or loss. It's risky since it's volatile so if you hear people could get rich in crypto but they've also heard that some people also loss a lot. From that you would also double think that crypto is a scam where people who get rich are paid. But it's not like that, I've agreed that it's a human nature to disagree in a particular thing which would result to different outcomes to their choices. I acknowledged crypto as I heard how I could earn from this digital currency, they guaranteed that I couldn't always profit in this industry.

So I took the risk and studied it for years before engaging with my funds. What I'm trying to say is that people's influence might be the common thing to follow in this world, but if you once tried exploring things by yourself then you might change your life.
1085  Bitcoin / Bitcoin Discussion / Re: Bitcoin - what is your plan when we reach $100k? on: May 08, 2023, 03:33:31 AM
My goal is profit, so I will sell all the bitcoins that I have when it hits $100k, and I will use that money to start an outside business. I am accumulating a lot of bitcoins and altcoins, if bitcoin really hits $100k I will have a lot of money. But I won't use up all the bitcoins sold for business, I will still keep 30% to buy back bitcoins when the bear season comes.
everyone will think the same as you, want to benefit from investments made in bitcoin, and of course it is very wise if the achievement of bitcoin up to $ 100K is to sell and part of the proceeds to do business on other jobs, keep investing again when the bitcoin price decreases. that is the meaning of investing in bitcoin to be able to contribute to self-prosperity in achieving the goal of being able to provide prosperity and benefits from bitcoin investment.

Exactly but as people sell their BTC it's like they giving chance to others if the price of BTC decreases since it might be affected if most of the people sell at the same time so it might decrease. This how the market works people may sell and some may buy. But if that's the case I would still hold some BTC as investment for the future since I don't need to spend all that BTC that I might hold. Opening a business is a good choice for a passive income.
1086  Economy / Trading Discussion / Re: Need signal service on: May 07, 2023, 05:11:40 PM
I think it's the best to keep on trying and collect your experiences to be your improvement for your own analysis. Because if you rely to anyone which is your money at stake, then it's not their fault if the call is wrong. Since there's no guarantee what would be the outcome in the market. Trading signal group is more like a scam if you've joined one you'll experience it.
1087  Bitcoin / Bitcoin Discussion / Re: Investing in Bitcoin in Student Life on: May 07, 2023, 04:29:01 PM
Investing in BTC as a student could also be stressful. Maintaining your grade as well the analysis on the market for your funds to grow is so stressful. Plus students might not have a huge amount of funds to invest so it would take a longer process which is not bad. If they are working student that would be the one reason for them to have a stress mind.

But in some scenario id the kid is really talented and could excel in both industry then that would be hell of an advantage which make them powerful. Since knowledge is power to change someone's life. Even some country they already introducing crypto to students.
1088  Economy / Trading Discussion / Re: Do you still advised more buy and store? on: May 07, 2023, 01:39:07 AM
This is a good plan. Keep buying and storing BTCs in whatever quantity you can afford. Consider it as a means of saving, not making money, so don’t pay attention to the price.

This is only a good method if you're aiming for long term, if you put your money that you'll be needing soon then it's not a good choice to buy BTC. Cause if you want to a quick flip that you could profit instant then buy and store is not recommendable.
1089  Economy / Economics / Re: apple made trillions and become wealthiest company, ARM made barely a few hundre on: May 07, 2023, 01:10:23 AM
The fact that some cellphones have some better features than the apple itself. But Apple is more expensive and still people want it justify all the quality it gives but it's too expensive in my country just to buy a cellphone. This shows that Apple's background due to good marketing and advertising that most people still prefer it among else.
1090  Economy / Economics / Re: Would you consider moving abroad? on: May 06, 2023, 11:53:39 PM
If were talking about the income in our country then here is the worst. As the inflation hit the country the salary of the worker still remain the same which is the minimum wage.

They work their ass off just to get paid a salary that couldn't even enough to pay for your bills and foods. So I've decided that I'll work abroad and save up money since there's more opportunity to other country, I know it's not an easy decision but it's for the better.

I might save up then when I come back to my homeland I'll open up a business so I could get passive income.
1091  Bitcoin / Bitcoin Discussion / Re: Bitcoin network fee, worrying sign? on: May 06, 2023, 04:12:33 PM
When we mint NFTs transaction fees are already an issue as it depends on the time of expensive fee or lower. Which I think it's already an issue before a similar situation to your post OP. I've profited a lot in this trend of NFT back then, but now I don't already see any hype on it or potential projects that could be a worth of a risk. Since fee is also a problem when it comes to NFT.
1092  Bitcoin / Bitcoin Discussion / Re: Gas station payment with bitcoin. on: May 06, 2023, 03:14:25 PM
That’s great to hear mate. In your are Bitcoins legal? As if not, then unnecessary tensions will be on your head very soon. If Bitcoins are legal then congratulations on accepting payment through it. Having multiple payment options are always beneficial. It also helps to attract more customers to use your service rather than your competitors. I would suggest to hold the Bitcoins if you can, as Bitcoins are very rare, and if you are getting a chance to acquire it, then you should hold. If you are not planning to sell those earned coins, then any hardware or cold storage will be sufficient to store the coins. Once again good luck with this new experience.

I think it's legal if he would establish a business with Bitcoin involve. Here in my country, government doesn't even care about Bitcoin since they've tried to put taxes in decentralized system which they have failed. It's actually an advantage to OP as bitcoin is a volatile whre it could increase its value. People would tend to think that customer wouldn't even use BTC because it might be their disadvantage but if we look at it, the convenience it gives to people if their funds are in BTC.
1093  Economy / Economics / Re: How to increase profit in business on: May 06, 2023, 01:25:41 PM
Actually there are many ways to increase profits in business, but it all depends on the business we are running because every business must have its own way to find goods or customers so that they always feel at home to run a business with us, the most important thing in the business is honesty and always respecting the opinions of others and we can give new ideas so that increased consumers can be achieved, And the profit we want must be achieved.

There's a lot of way to advertise and improved marketing strategy of one business if they know what the customer want and what they aim. For example, one of the company set a standard of making a tiktok meme which a lot of people caught their attention, by that other companies also tried those method.

Originality of the product itself and how you market those products that people will love.
1094  Economy / Economics / Re: A career - as an employee or a business owner which do you prefer and why? on: May 05, 2023, 11:48:53 PM
The problem with the career of a salaried employee is that he can always be fired, and then because of competition or age he will no longer be able to get a similarly paid position. A business owner - if he has successfully found his niche, he is more firmly established on his feet. Of course, the risk of the business owner is greater, but there are also many advantages

Exactly, but for sure once you've retired you have a savings that could open a business for you to still have an income. Engaging in the work especially if your company is all about business which you can adapt and establish your own business. There's type of people who prefer to work their ass off until the very end there's people who work to have a business soon.
1095  Economy / Economics / Re: 2023: What money lessons have you learned so far? on: May 05, 2023, 04:29:43 PM
My current experience about money which become a lesson for me is that I always save money. I mean it's a good thing to save but the point that I will settle for less for example for the foods I always choose the cheap one just to save a few coins just like that.

I found myself happier when I don't limit myself to have comfortability when buying than saving. I still save before but it's become a habit to save anything it reached to the point that everything I see with price should always be cheap to save.
1096  Bitcoin / Bitcoin Discussion / Re: Negative influence of bitcoin on: May 05, 2023, 04:17:13 PM
I think those you've mentioned will be a bad impacted only to newbies. I also started from no knowledge so before engaging to this industry I've studied how it works and of course I'm aware to the decentralized nature of Bitcoin knowing these things would make you to have a wise decision. Having no knowledge itself will be the first disadvantage where almost everything you've mentioned will fall. Cuz if you know how to manage Bitcoin in this industry, scammer couldn't even have a chance to scam you, you'll only need to think of your strategies for your calls since we all have different preferences.
1097  Economy / Economics / Re: Have a Income? Invest in Crypto or Not? Let's think realistically on: May 05, 2023, 04:02:41 PM
None in this industry are easy especially we tackle all about the funds in order to make huge profit or future funds. Having an income especially if you don't have kids to support is advantage for you to have extra money, which can be used to investment and trading since you can afford to lose the money. You could start little by little, it's a wrong move to put all your funds that you will be needing to pay for your bills, since small profit still a profit.
1098  Bitcoin / Bitcoin Discussion / Re: What things do you study while choosing a wallet? on: May 05, 2023, 06:16:26 AM
The things I consider before choosing a wallet is security, the charging rate and the popularity of the wallet. The popularity of the wallet means how many people are using the wallet. A wallet that is well reorganize with much people is not advisable to use. Like Trust Wallet can not be compared to Electrum Wallet. The best wallet from all the wallets I have used is Electrum.

Popularity of a wallets doesn't mean the wallet is the best wallet to use. Popularity only means there's a good marketing strategist hired by the wallet owners to promote the wallet and they're been successful doing so. An example is Trust wallet,  it's one the most downloaded wallets and very popular but that didn't happen until Binance exchange bought the wallet.

What this means is that, without the marketing of Binance exchange, people won't have noticed the wallet to download it and make use of it. We have so many good wallets that aren't been used because they're not popular or associated with big companies in the market.

Exactly, but for sure those wallet didn't became popular if their services are the worst. Marketing itself won't do good if the users itself know that there's too much lacking in the wallet. But I didn't say that I'm not with you in the popularity itself. There's also an underrated wallets that are much better than the popular ones. The thing is I consider the fact that they are popular so they could assure us the safety and security of our funds. The number of it's user could increase their income for them to improved the quality of the wallets.
1099  Economy / Economics / Re: Shrinkflation on: May 05, 2023, 03:33:34 AM
If they downgrade their products or food it will affect their market as customer like the originality of the products itself. For example, in here the Jollibee fast food is actually popular but due to inflation you could notice that their gravy needed to be served if you don't have any orders but before you could actually ask a gravy as long as you like. People find it displeasing so they return it, however the prices of the menu increases which people had no choice but to pay extra for the choice of their quality.
1100  Bitcoin / Bitcoin Discussion / Re: How useful is Bitcoin to the youth? on: May 04, 2023, 05:05:27 PM
The world is changing into technology and we are Era of technology which is starting from youth's and has empowered many people as part time or full time job business opportunities such as trader, investors, miner, and many more as results of making for a leaving, as well all know that Bitcoin is a digital currency and is acceptable across the globe.

Quite true, as the new generation already living in the era of technology, it would be impossible for them to not adapt the new technologies where they could learn and search for things for them to learn such as Bitcoin. As you said Bitcoin is a "digital" currency which most of the youth use the internet for payments nowadays it's actually adaptable as long as they study the complicated system of Bitcoin. They couldn't even afford to invest a huge amount so starting from small is a good investment for the kids. Acknowledging BTC at early age is an advantage still it would be better to engage in a money industry in adult age.
Pages: « 1 ... 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 [55] 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 ... 248 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!