Investing in bitcoin is a risky investment because of its extreme volatility. If someone is not willing to take risks to get big rewards, it is possible to invest in gold, it is very safe and can help us avoid inflation because of its stability. I think we should stay away from fiat, and not save all our money in fiat because the value will be lost very quickly and terribly. I also prefer bitcoin to gold because of its benefits, but always be diverse because nothing is certain about the future of bitcoin.
We have a high probability of investing in bitcoin during the current bear market conditions, I hope the target price of 20k-22k will come soon to increase my portfolio assets, so investing is not a bad choice in terms of volatility if you are patient to buy BTC at low prices and you can share some funds for gold investment due to passive profits in the annual term. Do an analysis to buy bitcoin using the DCA strategy because the price of bitcoin is unpredictable, so make sure you always save the investment funds to buy bitcoin gradually and focus on buying at low prices. the problem with waiting game like the price of bitcoin went to 22k and you will purchase that is that you will be left out I mean that if that never happened what will you do ? That is why others take an analysis before concluding on where to buy because there are times that the bitcoin start pumping and you dont know where to buy that is why others also of they can afford to buy now then they will buy as they are also looking for holding it for long period of time |
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Women are really few in bitcoin world not sure why but mostly I've known is mostly males but I do have online friends that are women and into bitcoin which they are more consistent on learning and earning profit. What i noticed is that they are more smartest and taking bright decision which also taught us to be it. One of the person that introduced bitcoin to me is women which right now for sure there are a lot of women that are into it
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Actually borrowing is not a bad thing people are usually victims of circumstances, there are many times when the situation has to take after it is not a shame but you have to stay within your limits. Must be able to take and pay back on time but it will not be right to do it all the time. We borrow money from each other for various needs in our life. But if this money loan becomes a habit then there is a doubt that we may not be successful in our life. When you buy something with your own money and buy it by borrowing money from above, the joy of the two will never be the same and there will be pressure on the head when to pay it back.
Is it not actually a bad thing, it exist so incase of emergency we could use some help by borrowing money and just to make sure that you could pay it so you wouldn't be in debt. The thing is having a loan is not advisable in investing or trading since there's always a risk involved in this industry. It's like you're having a gamble with the money that you borrowed. Plus always note that if you're having a loan always think ahead if you could pay it in the future and if you could budget the money you have. It won't be a gamble if you have knowledge on it but one of the reasons it is not advisable to take a loan for investment is that how will you pay it if your investment is not profitable or lose it all. Other will say it is okay as long as you can pay it and you can take the loss but again we wont earn any single profit or become a rich if we plan this if we only stays at our comfort zone, there are businessman that takeout a loan to start their business, it is only matter of the risk if you can take it but again only take those calculated risk and don't invest blindly |
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It will not confused you? I mean having multiple strategies can make you confused because one of it is you dont know which strategy follow and I dont know how didto filter out those confirmation because that would be like time 2 confirmation on your plans on entry unlike having one is that if that confirmation is not fit in your strategy then you wont get bait. We do have different strategies but for me it makes me more confused this is the same with tons of indicator on the chart, the fewer indicator the lesser the noise in the market
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The main method of businessmen in their businesses is that they always give a discount to their cutomers, and sometimes they give a mega discount when their products have been in stock for a long time in their business or cannot be sold.
Or it is also possible that they are having raffles for their customers who also have conditions to have a raffle ticket. If you look at it, it looks like the business is losing with their gimmick and their customers are winning, but the truth is they are still winning.
Showcases, used goods… are always offered at big discounts, it's really a strategy to attract customers, a lot of the big local stores where I'm using this strategy, and I would love to buy these products too. We can both save costs and get a quality product that is not inferior to a new product. But what about new products? In general, there are many strategies to attract customers as well as bring revenue to the store. But out of all those factors, I think business owners should still focus on customer service. It should be a top priority. When customer service is satisfactory, it is likely that consumers will turn into regular customers, getting regular customers is not easy, business owners need to design the right strategy and basically all of that needs a process. It is not as difficult as you think; as long as you focus on investing in the customer service of your business meticulously and carefully, creating a regular customer base is easy. Customer care before and after the purchase is very important, but not so important that you just focus on it and ignore other services. In short, to be able to increase the profit of the store, businesses need a lot of factors, and we need to add and edit depending on the case of each business. I am talking on behalf of customers, as I don't have business. The really best reason that the customer is coming back to the business is the quality and the price, as well as how they deal with customers because those customers want to be taken care of, like how they approach their customers. One of the examples I noticed here in my place is that there are really the same stores and one is like 20 steps away. They both sell goods, but people still prefer the furthest because their staff are good and able to talk to their customers, unlike the other one, which is boring and sometimes they will scold you, which is why customers prefer it. |
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I understand the desire the OP said above for a different way of life, one filled with constant travel and exploration and I think it's only natural to crave experiences beyond the confines of our current routine. While saving Bitcoins alone may not be a guaranteed solution, there are avenues to explore.
True Change is possible, One approach is to seek financial independence through diversification and To break free from the cycle, it is important to reflect on personal values and goals, and that starts with imagining the life you want. Although the journey may require effort and patience it will bring you closer to the way of life you desire.
Yeah, reflection to what you wanted to see yourself in the future. It's your patience and dedication in finding the right patterns to change your life and break the chain that keeps you to continue with your day job. With good plans and a good understanding of each possibility, execution might be smooth and the change that you want to happen can be achieved if you plan things the right way. It's your decision making that matters. With your find patterns, every correct execution adds up to your chances of making things possible for you to reach your goals. First of all focus on what you want in life and what kind of job you are looking for if you are comfortable in 9to 5 job and that routine and you can live with that than opt it . If not business is your option do something private and set your own routine and source of income. If you succeed in that than you no longer have to wait for the weekend as you are your own boss and you can take off anyday you like . easy to say, but this is hard to do. I mean, not all can have a business; either they don't have funds or they are not capable of it. That is why other experts are saying that if you can't have a business, then make sure you love your job and save from it because if you are in a stressful job place, then for sure your life would be short and not good for your mental health. Even for myself, I do want to start a business, but I really need a stable income and can't risk it because if I don't have money or income, we are all going to go hungry and have no food to eat. |
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There are too many expenses in the hospital and can make a person bankrupt overnight. Going to another place closer and easier like Mexico will save a lot of money. That is smart thinking.
A one-time cure does not necessarily improve health immediately, it is a process. Many people choose countries in Asia to be treated by traditional methods.
In this era of globalization, people carefully review their expenses in any activity. In which area expenses are lower, demand for everything is high. Even tough America is the most sufficient countries in the world but it is very natural that people will go elsewhere to meet their expenses. I would agree with you that there are many people in the world who come to Asia for medical treatment. On hand their good treatment and on the other hand reducing the cost of money can be the main motive of that particular people. Sure. People are living in a flat world thanks to the internet, the development of communication and medicine. Medical companies are inherently swindlers, earning the highest possible profit on the health of their patients. This has been condemned for many years. There are many medical-related cases. Most recently related to the treatment of COVID-19 patients. If you are poor and have no emergency funds then you are in hot water esp if you have the problem which is needing a lot funds we have seen this problem during our father sickenss we are not rich but we are not poor either. So we stopped going out and we saved all the money. the problem with some people really is that if they don't experience it they don't prepare on it like what happened also to us before when my grandmother still alive , because we are like easy go lucky and just thinking about the insurance as we though there are no excess in her getting hospitalize we haven't prepared but then that time comes we are so broke and a lot of loans and debts that is why we learn a lot of lesson that time and starting that time we do have really savings for hospitalization even small at least we do have spare money for that. |
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What is your personal debt reduction method aside the debt snowball method?
I have several debt from before and until now, it's not like I badly need the money, but I have to - just to increase my credit score and limit to make massive loans like business related ones that needs massive capital. That's my primary plan in taking this debts. In my own experience in paying these debts, I don't really have a method instead I pay them just before the due date and pay in advance for a month or two when I get to have enough money left from my monthly income and yeah I have to cut on my unnecessary expenses too when due date in approaching. My method is simply get rid of penalties and struggles to catch up with debts beyond due. This is also my strategy, or being a good payer, because if you don't want extra fees on paying it, then pay it early, and you will be a good payer also, and you can have a loan again soon if needed. I don't have experience with credit scores, but I've read a lot of people that are really taking a loan or getting a credit card because of this, as there are a lot of promotions and discounts on it, but still, I am not that interested in this because it is still a loan that I don't need. The only thing that I want right now is to have someone or a corporation that I can easily take a loan from for emergencies. |
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Criminals are improving themselves just to get that money illegally. It is really scary right now that even if you own BTC and didn't bring cash or anything else with you, they can still rob you or force you to give them your assets. It was really different before because having it was more safe because you didn't have cash on you, but right now, even if you are cashless, they are still able to get your money. Always be cautious and never show your cryptocurrency assets online because anyone can harm you or someone is already checking on you.
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The topic still has a lot of interest from the readers of the forum. After all, who wouldn't want to win $100 stable every day for the rest of their lives? Or rather earn. Everyone would like that. The advantage of online gambling is that you can gamble anywhere in the world and therefore generate money everywhere. But we really shouldn't call it work. There used to be card counters in the casino, but since shuffling machines have been introduced, that is no longer possible. Could there really be people who could be successful in a casino in the long run? That is, a passive and stable income?
Income? I doubt anyone has been able to achieve stable returns in the long-term gambling. Maybe the odds are in favor of a gambler who gambles through sports betting but I still have doubts about long-term profitability. The long run shows how dangerous it is to rely on luck in both trading and business, I believe this is actual for gamblers who look for holy grail gambling strategy. Just my 2 cents. Ive seen a lot of documentary online that they are making a living on it but the cons is always that they have other business that they are giving income on them that is why still its sketchy but I've seen some of my friend that are making a living for cockfighting but again they are not winning always, sometimes they lose but again if they won it is not big it is just enough to buy food for their table which i could say they are make a living on it but still it is not stable the same with job and that pandemic hits them hard as they dont have income |
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Depends on individual, some people do good when they follow their routine or their minds feel agitated when routine is disturbed. Op you appear to be one of them.
Exactly. Because a good trader will always be good enough to trade whatever the market condition is and regardless if he has any routine or not. However, I also believe that having a good start in the morning like improving your physical and mental stability will help you succeed as a trader. But know that not all traders have all the time for this, but one thing is certain, never trade when you are not capable enough. this is like after waking up you will make your bed because if you make it in the first thing in the morning your whole day will be done also like task given to you. This kind og boosting your mental health and make you more focused on those stuff which applies to trading also you can be more focus on trading and good for your mental health . That is why others do meditation so that they can build confidence with themselves. But again not all people have it but for me it really working and has an effect on me |
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Lets be mature on this but this is difficult to bet on because you cant really predict who to win and this is new to us, not sure also if during that game we will enjoy because there are no thrills thay we will experience in other sports. So for now I won't be betting on it and for sure there are only few people betting on it or closed to none. Not sure what are the basis why they make it as a sport on it
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The only thing that people might consider a disadvantage of Bitcoin is its volatility which is basically there in all cryptocurrencies and it's because their prices go up and down based on demand and supply and because of the flow of the money invested.
Some people consider this not to be a disadvantage, as it is precisely this volatility that allows certain individuals to profit from these price fluctuations. Who else but traders? Yes, they leverage the nature of Bitcoin, where its value is unstable based on supply and demand. If it comes to transactions, perhaps this may not be the optimal choice. However, for investment or daily trading purposes, Bitcoin can yield profits for skilled traders. That's true, though it's the nature of Bitcoin and cryptocurrencies to be volatile, it actually provides benefits to the traders or holders since when the price goes down, they buy with whatever they have, and then when it goes up again, they sell and take profit. So this basically is an advantage of Bitcoin and other cryptocurrencies since if they were not volatile, maybe this many people wouldn't be interested in them. Humans tend to like things that earn them money because money is what everyone is running behind these days, you can't do anything without it so you have to find ways to get as much as possible to have a life free of worries and tensions and if you don't have any, you can't live in peace. Honestly, I invest in bitcoin because of its high volatility, if it is less volatile and stable as gold, then I would rather invest in gold than take a big risk investing in bitcoin without big profit. Indeed, bitcoin's volatility has never been a downside. That is its biggest advantage, and most people are interested in ever. Would people still care much about it if bitcoin were a decentralized, anonymous, and private currency without volatility? Even I am doubting myself about that. There are still a couple of people interested in it, but again, because of its price and volatility, people got into it because of profit, and for sure, most of us really believe that is the reason, and only a few really used it as a payment method. People really want to get involved with risk, especially if the chances of profit are huge and they can get rich on it or gain profit immediately. Even for myself, I will be buying gold instead of bitcoin or having my money put in the bank for interest. |
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Saving money is an important thing that we must make a top priority in life, if we don't save it will get a lot of difficulties, saving is of course according to ability, but if we have a small income then the first thing to do is take it for saving and the rest is for needs, if we don't do that then until we are old we won't be able to save.
I'll put the main needs first, then we can save the rest. Agree with you that saving should be according to our ability, so that we don't neglect our main needs so that we can save. The amount is not the problem here, the most important thing is that we can set aside money from our income for us to save, it doesn't matter whether it's a small or large amount, the important thing is that we can do it consistently. Many people who have a large income but they can't do anything for the future due to their luxurious lifestyle, which makes them unable to save their money. Now this luxurious living habit usually makes it difficult for people to set aside money for savings. So to be able to save, of course, we have to start from improving our life habits to become simpler. Buying only the things we really need. and avoid unnecessary purchases. Prioritize primary needs and try to set aside our money even if only a little. and as you said the key is that we have to be consistent in doing it. They got affected mostly by social media, which is why they will spend more on their wants, like if they just see a newly opened restaurant with a lot of people going there, even if it is not necessary, they will go to it, or buy a new phone even if their old one is still working. If people can't control this kind of urge, then for sure they can save for the future, as they are prioritizing their short-term comfort or happiness. I also cannot deny the temptations that always pass by on social media and on some of the application platforms that we use. I can't even set an example for others. But I personally experienced it. but I'm not tempted because of an advertisement on social media. but because I installed a shopping application that offers quite tempting offers. starting with free shipping and 50% off for new users. this has made me tempted and buy one of the things that I really don't really need at this time. but I was tempted and bought it anyway because I thought a lot about not wasting the new user voucher I got. And it looks like the item will come in handy one day. But still, the steps I took have made my financial planning a little off the mark from what I had planned before. and I'm a little bit sorry now. and maybe I get a lesson from this not to be tempted anymore by a promotion or anything from every new application that I install. but I think I'm not the only one who's been tempted by some sort of new user voucher promotion from a shopping app  Even myself, but it was way back before that I've seen things like phones on sale or any accessories on sale. I am always present on this pay day sale, and we know that we can buy it cheaply, so we should buy it rather than buying it without on sale. But later on, when I noticed that I was spending too much on it and getting short, I uninstalled all of my applications. Right now, I can still see them and am sometimes tempted, but I always ask myself if I really need them or not so that I am not wasting money on them. |
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That is also the time I discovered bitcoin around $500+, and I've also remembered that I did want to purchase a whole bitcoin at that time with my loan, as I was planning to take out a loan and invest in it, but it changed my mind and I bought a computer, which is the time I've earned bitcoins at that time, which still didn't save it as I spent all of it purchasing stuff and eating in fancy restaurants, but again, I was glad that time that I spent those bitcoins I've earned.
That probably happened with a lot of us, we had some Bitcoins back in the day but we never kept any of it and spent it all on stuff that we needed back then, maybe because we didn't know that the price will go up this much or we really needed some money and that forced us to sell our Bitcoins for fiat and spend it on materialistic things. I did the same and though I regret not keeping any of it, I feel that I didn't actually waste them as they were used when I needed money and that is what's important, right? We earn money so that we can use it for our lives and that's what we did. Just imagine if you haven't used your bitcoin before to buy your needs; for sure, you'll struggle or you can't treasure those moments in time. I mean, yes, the price is too high, and if you hold it and sell it now, for sure, you can buy it 10 times or more, but again, the time wasted that took you a few years to buy it and also the hustle you put into it It is like you purchased a PC at that time to use on learning crypto, but again, because you think that it is kind of a waste of bitcoin, you didn't purchase one instead you waited a few years and sold it. Yes, yes you can buy a good PC, but in that span of time there is a possibility that you can earn more bitcoins. It happens for a reason, which is why I didn't regret spending my BTC way back then. |
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I haven't had multiple debts, but right now I do have debts and other bills, but what I really do is pay them off online. There are due dates on them, so I should pay them on time when my salary arrives. The best solution to this really is to increase your income because that is your main source to solve it, like finding a side hustle or working more hours, anything that can earn money, because it is really difficult to get out of debt if you still don't have enough money.
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So gambling is definitely not the same as trading because, in gambling, every bet gives you only a 50% winning chance or maybe even less since there is also a house edge which gives the house an advantage of a few percent.
I agree with you, are clearly different and the only thing in common is that they both have the same risk of losing money. But for gambling we cannot ensure or guarantee to win and get some profit because certainty in gambling only defeat is very different from trading where profits are very influential from ourselves, can we place prices to buy and sell correctly so that in trading profits and losses centered on ourselves. But it seems that more people believe that gambling can be relied on more to make a profit than having to trade. But again there are really people that relying on gambling as they are really winning from it but again not all can do this because they are not as lucky as to others and also gambling is really for entertainment. Back to those people who are having a profit on it , I am just amazed that they could win but again they are still not immune to losses but the fact that they are still making a living on it is unimaginable |
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The logic of life is that you can't earn more than you know,
Any amount you are earning today is 80% as a limit of what you know.
The richest man on earth is earning whatever amount he is earning due to the advantage of what he knows or can do.
So, before you can move from earning $100 dollar monthly to $1000 per month,
One of the major thing you must scale up is your knowledge.
So ask yourself, what should I know that can make me ×2 my monthly income?
Seek knowledge always.
The most important thing to be able to develop money is to increase expertise, without expertise it will be difficult for us to develop, besides that we must always be up to date with the latest information so that when changes occur we are not left behind, because many people do not care about the latest information so businesses that were previously successful have lost out in competition. That is why most of the successful people are always reading newspaper or news daily to know what is the bias today or what is happening in the world because they can react on their business and adjust on stuff they need. Also knowledge is always a power if you know that stuff meaning you can do it successfully and not blindly. Also right now people are working smart now and not hard work because it is more successful and guaranteed wins |
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We all have the ability to create our own opportunities and survive without government intervention. Creativity and individual efforts can help us achieve success and come up with solutions to social problems. A business like yours contributes to economic development and will have a positive impact on the community.
Such businesses can improve employment and help some people's finances. Self-created opportunities for economic development are necessary for the nation and it is an important part of the progress of society.
When talking about job we cant really rely on government as we can really found jobs from private sector but again government has laws that can make everything fair because without it for sure you have very low salary and you cant also say that they increase it as there are no regulations on it. Government is really big factor to everything but again finding a job we should do our own to find it as the government will not feed it to you |
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It is art and children love art. They draw things they know and know recently but they even don't know what it means technically. Children are hungry to discover new things and if they have fun with new things, they love it.
Children loves art and whether the story is real or fictional, the core message the OP is trying to pass is that whatever you do have a way of influencing or rubbing off on those around you. This is the case with the kid in the OP's story. Now, if this is happening with the kids, I can say that his mother will also feel the bitcoin effect. For the father to get the kid interested in bitcoin, he could start by telling the kid to recreate the bitcoin logo as well as other cryptocurrency logos. This would be a great way to spark a conversation about bitcoin. This is like the first steppingstone on learning the bitcoin. No matter how they known it or even just seen the logo and started drawing it. For sure those kids will learn it eventually in the future as they will be curious of it. The problem really with this kind of post we cant tell if it is true or made up but i am hoping that it is true as that area even remote they will be technologically inclined |
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