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Some people can easily manage their daily expenses and can easily save a good part of their money and on other hand there are also some people who even cannot manage their expenses and saving is most difficult work for them. Government servant get income which is very low and they hardly spend a month with that sum.
I think life will become easy if everything is done according to planning because without planning one is not able to maintain a healthy wealthy life. Those individuals who save money in Bitcoin can easily manage their activities but if they known how and when to take profit so saving and investment can also make one's life sustainable.
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One of the main problems in almost any developing country is corruption, the resources which are buried on the African continent are huge and should be more than enough to propel them to achieve a massive amount of development, however the politicians at the top instead of using those resources to improve their country steal most of them and become incredibly rich, then they get replaced by another corrupt politician and the same process starts all over again. In some countries the government do not provide resources to its citizens but they utilize these resources for their own benefit which is not a good thing. There should be proper usage of such resources because if citizen will wealthy then country will be prosperous otherwise country will always borrows money from others countries and citizen will face the same problems always. Actually country is facing troubles because government from start is involved in corruption and it will takes long time because no one will want to reduces their satisfaction and return the borrowed money. All resources which are present in country are the right of citizen so these resources should be used for the purpose of making a stable country not for government to get all the income from these resources to satisfy only their lives but it is for the satisfaction of citizens. |
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I got acquainted with something new today, I had no idea that birthday gifts can be given in this way. You have done a unique job. As a birthday gift where normal people gift teddy bears or other interesting things, you give Bitcoin as a birthday gift to your loved one. Since you have already gifted Bitcoin to your loved ones, it seems that your loved ones are also involved with Bitcoin. If he is directly involved with Bitcoin, he will surely be very happy to receive this gift. And the person you give a gift to will surely keep your gift carefully. Giving bitcoin as a gift to your love once means that he achieved a better place in your heart. Giving bitcoin to others as a gift is very useful idea but it must be necessary that the receiver have better idea about bitcoin because if he did not know and he share this idea with others so may be someone scammed him as the world is full of scammers. Understanding is necessary because if someone does not know that sharing of personal information is not a good idea and sharing of information about bitcoin can be a reason that neither you will receive any benefit nor your friend will receives it. So it will be better to give your friend that present which he understands better and can get benefit very quickly and easily as bitcoin is expensive so keep it safe is also very important. |
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Bitcoin is going up and I speculate that at the end of this year the price of bitcoin will reach up to 40k$ but that's not a good time for selling of bitcoin. We should wait for halving because it is assumed that during halving the price will go towards peak like that of 70k$ and selling bitcoin at 70k$ is a suitable timing to get profit.
There is no guarantee that what price will be there during or after halving one can only imagine and can take decision according to speculations. Even one does not know that if the price goes to 40k$ then will it go more up or will reduces because no one will be able to understand about halving end.
One will sell their bitcoin according to their buying price that at which price they buy their bitcoin and how much profit they have for example if a person Buy bitcoin at 69k$ then it's very hard for him to sell at 50k$ so surely he will wait to go up than 70k$ to achieve better profit.
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5. Avoid Emotional Trading and Always Follow the Trend : Beginners are very poor to control their emotions in crypto trading. Even many experienced traders can't control it. So it should be controlled by practice and patience. Don't go for FOMO(Fear Of Missing Out) buying, avoid FUDs (Fear, Uncertainty And Doubt) and try to know more about Fear and Greed Index. And it's a must to follow the trend because there might be a chance to pump together. Not only beginners but all others cannot easily control their emotions and because of these emotions they loss good sum of their money instead of making good profit. Some people when loss for the first time starting trading on emotions but they forget the thing that it needs your attention, experience and knowledge which is far better than your emotions while emotions will never make you Rick but become a reason of your failure. To get rid of this act one should think that if he loss for the first time then what mistakes he did and how to avoid those mistakes for the next time. Learning and practicing will make you able to earn well suited amount; get the profit what you have and always keep your behavior positive like if you loss then try to not repeat that faults and will take better decisions to be successful next time. |
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Expecting $35K in the next month is quite feasible as long as Bitcoin stays at $30K at the end of this month and also at the beginning of next month. Because closing this month at $30K in Bitcoin is something really extraordinary because Bitcoin has also seen struggling to get to the $30K level. So the current price is a pretty positive price and it's more feasible to expect $35K in the next month as a gradual price improvement in Bitcoin. Bitcoin has touched the price of 30k$ in this months and I think that it will soon go more up and will rise to the price 35k$ and 40k$ this year. Price will also increase because more and more people are buying bitcoin as they have realized that how beneficial it is. Bitcoin price remain higher for few days and if it continuously show rise in cost then surely there will be Bull run and everyone will get benefit from this bull season. There is a high chance that during this year bitcoin will touch 40k$ but people will not make a concepts of selling their bitcoin at 40k$ as they are in wait to get the benefit of halving next year. |
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Because gradually people can't deny that bitcoin meets the criteria as an investment asset, and is proven by several success stories of bitcoiners in their investment journey. Even if you personally think otherwise, it's actually not a problem, basically bitcoin still doesn't violate the principle of being a payment instrument for anyone who thinks it's valuable. Bitcoin is consider as an investment asset because of its volatile nature if it persists in a constant value then no body will consider it as an investment asset. Bitcoin is used both as a payment and investment asset but as a payment method it is only understandable by those who have some knowledge about it and in that area where there is a fast Internet. Volatility is sometimes consider as risky but it is also beneficial in terms of buying and selling because at higher price one cannot buy it and at lower price no one will be in desire to sell it so both are beneficial and because of this unstability people demands more for bitcoin investment. |
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If you cant pay the rent and employees salary then that is the time you should close down the business. Sometimes thinking that if we keep continuing the business even if you are losing thinking that it be recognised and youll earn eventually but you'll just making things worse. It is really best if you have financial advisor on that so that you can calculate when is the best time to close it down and still able to repay those employees, rent and etc If a person is not able to make profit but instead he is giving income to the workers as well as rent to the owner then it is necessary to stop that business because it will tend you to take loan as workers will not understand your necessitates. One should continue that business in which he have some profit because settlement of business is only good for the purpose of earning money. One more thing is that if businessman speaks politely with each and everyone then his business will be more successful as behavior play a very crucial role in one's success. Always remember that if in one area there is already same business then you should avoid your business in that area because it will reduces the percentage of your success. |
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Yes exactly bounties and Airdrops gives payment to its participant but not all are trustworthy some of them become scam and do not allow payment to its participants. Those bounties which gives rewards to its users in the form of tokens depends on different factor like if the tokens are listed on good exchange then their price will also be good.
Exchange for listing matters alot and if some tokens are not listed yet then their price will be predicted according to the mentioned Exchange on which it will be listed and of course if Bull run initiated then the price of each and every token will be increasing. Tokens are greatly related with the Bitcoin's price whenever it enhance then all other tokens may be it is given by bounties or obtain from other source will increases in its worth.
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It will be correct if we say that some people consider trading as a gambling but not everyone but remember that those who consider trading as a gambling will get the same results as that of gamblers get and will loss their whole money. Traders who thought that trading is a gambling does not have any idea and knowledge about trading but they become a part of it without knowing anything which is compulsory.
Trading and gambling both are very different from each other as we have to understand about the basics of trading, select those coins which has the potential to be more worthy in future but in gambling learning and knowledge are not necessary as everyone believes that those who are lucky will be more successful.
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Good day everyone, let's talk about the factors in our Trading decision in terms of psychology. There are many things that affect our decision-making, and that's why sometimes we don't know why we make that decision. Sometimes we are repeating the same mistake over and over. Let's find out the common triggers that happen in our brain that make our judgment poor in trading.
* Emotions in trading
Our emotions are part of our human behavior and it has a profound impact on our trading decisions. In the context of trading, the two primary emotions that affect our decision-making are "FEAR and GREED" Fear is a powerful emotion that will push us to think twice about entering and exiting the trade. Sometimes because of our fear of the trade, we exit immediately even though we know that it is too early to do so. And when fear dominates we become overly cautious, which also causes us to miss the opportunity for profitable trade even though we have seen the high probability set-up we should enter a trade but we don't because of fear.
It's the same when we enter a trade, we immediately exit because our immediate thought is that we might still lose. This is also due to fear, Now if we are Greedy it also has an effect on our decision-making. Because this will push us to take excessive risk because we want a higher return. So, because of greed, we will increase the leverage that the position size is too big, the type that can only gain a lot, we will trade 100% capital in just one trade. It will also cause impulsive action, and we will also be tempted into speculative trades without proper risk management. There are numerous factors which effects our success rate but foremost among these are emotions and if we don't know how to control our emotions then we will not get our desire aim. I think those who don't have the understanding about market Fluctuations, don't know that it will recover back and don't know that ups and downs both are essential for success can never make profit. Greediness comes when you are not happy with your profit and desires for more than this. Actually one will never days that their desires become completed because everyone wishes to be more successful than this so I think that one should be happy with his present and don't involved in greediness. |
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Its true that money is a king because every single work in this era is possible with money. People works continuously in order to get cash to satisfy their lives because education, treatment, drinking and eating everything is hard to find without cash.
If we have cash and on other hand we also have some invested money in asset like that of gold and bitcoin so asset will have the possibility to Increase your money but that of cash will remains same as it is. It will be more suitable to put money into asset rather than saving your cash with yourself.
Earn cash and make investment with little sum so earning possibility will become easy and you will spend life happily.
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In my opinion those individuals who are involved in gambling cannot change their addiction because they feel like gambling is a quick way of earning but in reality gambling is a quick way of losing money.
If they are informed about bitcoin then first of all they will not believe and if fortunately they believe then they will put money into bitcoin without knowledge and will think as they will get profit according to their lucks like that of gambling so there will be no change in bitcoin or gambling.
Gamblers often use their emotions like if they loss money then they regularly use their money in hope to enhance their money one day so in due to this behavior they loss their whole amount of money and start borrowing money from others while that of in investment of trading emotions should be under control and after two consecutive losses first try to know your mistakes then again take forward step towards it.
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[1] There is money everywhere - When we were young, many of us were taught by our parents to study hard and then enter a good company to work after graduating. And there is nothing wrong with this, But there are also many of us who until they are old know that this is the only way to earn money, but you will notice that this is not the only option because you can build a business, offer a service to earn money of money. Education is necessary because education makes a person successful as one who initiate business so in businesses there comes certain task which requires your knowledge and education and without it you cannot go ahead. People now a days are successful in business and they are engage in online business but there is a scarcity of job or lower salaries which is a big reason that educated people are a part of online jobs. I think that as we make a comparison so individuals with higher education and have ability to utilize their skills involved in businesses are more successful than those who don't have idea how to use skills and techniques. Educated person have dual opportunities like that of entering in business as well as continue their jobs. |
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It is really difficult to predict the exact value of bitcoin or any other cryptocurrency. And many are waiting for the bull run to return to bitcoin as well. Maybe when the bull run returns, more bitcoin holders are waiting for the bull run.
I have already missed two bull run seasons where I didn't even save or hide bitcoin and other cryptocurrencies, so this time I am making sure that I no longer have a zero balance because somehow I already have holdings of bitcoin and other cryptocurrencies too. Individuals always learn from their past and so realize that in previous Bull season you did not get anything so surely you will get maximum amount of profit during coming Bull season and we all are waiting just for halving because the price will be more profitable than current one. All those individuals who used some amount in Bitcoin or other asset will definitely get benefit because every other coin is related with bitcoin so what will happen with bitcoin will definitely have same impact on other coins. You have to just uses amount of money in Bitcoin and its does not matter that how much you utilize, its lower or higher does not matter because you will put that amount which you can. This is true that larger sum will have greater benefits but if you don't have large sum to put in bitcoin then less sum is enough because everyone cannot afford larger sum for investment. |
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Yes bitcoin will gain enhancement in price during halving but that enhancement will be temporary because people will prefer to sell bitcoin and get benefit instead of holding it more so eventually this will results in price decrease. People are waiting for havling that as halving occurs so they will reap the benefit but who knows that on which date it will occurs?
It will takes times to recover back once the price reduces because of volatile nature but these all are just opinions and estimation but happening in future is not known yet. Now the price will increases and it will persist higher until halving as these days the demand is higher for bitcoin and demand has greater impact on Bitcoin's price.
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If you check almost all countries in the world, you will noticed that there is inflation, this makes their money value in the country to decline and a persistent rise in goods and services in that country. Why saving in bank? Especially if you countries is always an inflationary country.
It is good for someone to save money, but not good to always think fiat is the way, you can buy gold, property or bitcoin instead. If it is about your salary, it is good to buy bitcoin when the price is low. Yes true as investment will helps you when there is no other option with you to utilize your money when you need it most. In banking lots of individuals denied to put money because of inflation and it says that when inflation is on peak then your money will be at higher risk. Rather than banks utilizing your money in Bitcoin and gold as well as in buying property will be more profitable. Bitcoin and gold both are risky because the price goes ups and downs very quickly but buying property is not risky as it will increases your money and there is a surety that it will never losses its value ever. |
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In my opinion investment in Bitcoin will be more better than luxury watches because everyone does not know that luxury watches can make you rich but bitcoin is known by everyone. Knowledge about any thing in which you make investment is compulsory and without knowing the reality one cannot get profit.
People uses luxury watches but I don't know that they use it as a type of investment and I don't have any knowledge about it but bitcoin as an asset makes large number of people wealthy and because of this investment those who are jobless find a way of earning money. In bitcoin you can put money little by little but I don't think that same will happen with luxury watches and you will have to use overall sum at once.
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This is how it should be, but there are countries where national currencies are printed in unlimited amounts at some point. It happens when the government feels that it will be overthrown soon. Then they are printing out as much money as possible and people from the government and their relatives are buying property, gold and other precious metals and precious stones, and many of them become billionaires with that in the future. Regular people, of course, suffer heavily from that. The purchasing power of such currencies drops catastrophically and there are cases when can buy only several kilos of sugar with their monthly wage. May be true because the people in government are living more satisfied life but not in all countries because their salaries are so higher that they can life comfortable life. If they are printing more money then they will use illegal way which is termed as money laundering and they cannot steal money of population because they have to give answer that how they earn money. There are so many government's persons who spend certain time in prison because of money laundering and they have to return that amount if they earn with wrong way. |
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