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1181  Bitcoin / Bitcoin Discussion / Re: Don't be intimidated on: July 01, 2023, 07:02:08 PM
Some individuals just hear about the profit and success of bitcoin and they rushes towards it because they think that they will earn money without any hard work but they don't have any idea that what risk factor it possess and how to overcome it.

So I will suggest that if you don't know about something then try to understand about it try to get knowledge first. Everyone knows that bitcoin gives benefit to its holders but it doesn't not mean that you will put all amount of money that you have but it means that you should start with little and then have to use your profit in investment rather than using your amount of daily use.

If you don't have understanding about bitcoin then whatever you do you will never be successful without getting the basis knowledge about it so just focus to keep the basic points in mind prior to put money.
1182  Economy / Economics / Re: What will you do when you have Financial Freedom? on: July 01, 2023, 06:36:09 PM
Those who are already in financial freedom have some responsibilities of family which they have to managed according to their income so I think that one who earn passive income cannot enjoy financial freedom but one benefit of passive income is that person managed all the activities of life by himself and does not beg in front of others to take loan and its a very great full and lucky moments.

As the earning of individuals increase so the inflation also increases therefore in this financial freedom if one successfully fulfil daily uses and save some amount then its better. I think that those who have greater income should help others who don't have any source of earning.
1183  Bitcoin / Bitcoin Discussion / Re: Kids and Bitcoin on: June 30, 2023, 07:12:01 PM
Let them be kids and enjoy a life that doesn't have to involve money. Just teach them how money works, don't need to enforce any technology onto them.
I don't thinks it's a great idea to teach *kids* about Bitcoin or Crypto in general before they are 16 at least. Let them enjoy their weekends instead of being a nerd trying to get rich by 20.

Yes exactly because if they get involved in bitcoin during childhood then their mind will only accept money and they will just think about money, and in my opinion money is not everything. Just give them time and it is believed that if you are involved in bitcoin then surely your children will also accept that field in which you are involved as children wants to do the same thing as their parents do.

The mind of teenagers are also very active so they will better understand when they are in teenage so in this case they will enjoy their some part of life because if you involve your children in earning money in early stage of life then they will not understand about the life and will never see their childhood.
1184  Economy / Economics / Re: Should I Use Emergency funds or Sell my Assets ? on: June 30, 2023, 07:00:09 PM
If you can find additional job that will pay you more income, then do it first. Do not just touch your emergency funds nor selling some of your assets as they might be more needed in the future. For now, study more some of your hidden talents and skills as they can be of great help so you can gain additional income for you. And try to live simply away from luxuries and expensive lifestyle, that will help you a lot to save if you have extra money.

Yes it's a good option to select another job if your income is not enough for daily expenses but if you are selling your asset or use your emergency funds for daily expenses then it will become very hard for you to sustain life expenses without taking loan.

Focus on expenses because if you spend more money than the amount you earn then it is also not a good habit. I think if you cannot afford to live a wealthy life then try to live a simple life this will help you wealthy and will enhance the chances of saving more money for your future.

I know one cannot maintain two jobs because of physical tiredness but it is possible to continue your online job as it doesn't require your presence physically. So try to be involved in two jobs at same time and try to reduce your expenses it will be a great way for you to complete your responsibilities easily and will avoid using emergency fund and selling any asset.
1185  Economy / Economics / Re: Why is money ruling the world? on: June 30, 2023, 05:43:00 PM
In my opinion money is ruling the world because if money was not controlled then people would print money and use it as they like. Money is something that you need money to get up in today's age. There is a saying that without money even a wooden doll does not open its mouth. If the government has money. If there was no control then you would make your own money printing machine and use it. It would be better for bad people especially. Money is needed everywhere.

printing money is not as easy as you are talking about and it is not permissible in any country even a single person whose job is printing money just print the limited number of notes.

Money is an important thing of life but it does not mean that if we don't have money then we will go towards bad habits to fulfil our needs but instead of doing wrong deeds we can reduce our expenses and can reduces our desires so in this case a world can he a happy location for everyone.
1186  Bitcoin / Bitcoin Discussion / Re: Who Buys Bitcoin When The Price is 100k$? on: June 30, 2023, 05:11:30 PM
While it is very challenging to predict future price of Bitcoin, however given the historical price trends and prevailing situation in crypto market, we can Imagin that next halving, which is scheduled in in mid of year 2024, can possibly create bullish sentiment in the market due to reduced block reward for miners, resulting in reduced supply of Bitcoins. This scarcity of supply can potentially trigger price of Bitcoin to $100,000. Please note that this is a speculative projection and should be approached with caution.

Benefit of bitcoin or other stocks are greater and as compared to gold they gives quick benefit but in my opinion gold is more safe than any other assets.
Bitcoin doesn't guarantees that it will be profitable or will exist in nature because it is volatile. Other thing about bitcoin and gold is that gold can be used everywhere whereas bitcoin cannot be used everywhere all the time.

There will be a fear about losing money in Bitcoin because we don't know when the price will up and when it will goes down as price fluctuates in a matter of seconds whereas in gold the price become constant for longer period of time so taking benefit from it is easy and possible.
1187  Economy / Services / Re: [CFNP] Utopia P2P - New ChatGPT Asst. & Web Proxy 💎| Signature + Chat Campaign on: June 30, 2023, 03:02:11 AM
SIGNATURE UPDATED. Thank for letting know.
1188  Bitcoin / Bitcoin Discussion / Re: Hold Bitcoin VS Hold Gold on: June 29, 2023, 06:00:28 PM
then all you have to do is load up on gold and mortgage the house and buy more gold. after all, it's going to double in 2 or 3 years. and the chances of losing anything as you say are very small. very low.

It does not mean that if in gold you have benefit then you will sell all your comfort zone in which you live. territory should be kept constant while you can save you extra income in such a things which will give you profit.

Investment is just for the reason to save money and if time comes it will gives you more profit. House is a place where one can live his personal and private life so it does not mean that for money you will sell your comfort because money is not everything.
1189  Local / Other languages/locations / Re: Pakistan on: June 29, 2023, 02:14:43 PM
Jin bhaio ne Eid Mubarak wish kia hai un sab ko mere taraf se bii bahot zyada muhabbat aur kher Mubarak aur meri taraf se bee ap sab sathio ko aur en k family, relative sab ko Eid Mubarak. kuch sathio ko ma name ke k Mubarak bad detha ho aur jo reh jae un se maazrat karta hoo aur aisa samje k ap bee shamil hai magat meri nesyan ki waja se ye name reh gia


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1190  Economy / Speculation / Re: This year is dumping ground for bitcoin on: June 27, 2023, 07:57:35 PM
Current year is not a dumping ground as it is much better than previous year. at start of this year people get huge profit which is not because or dumping but it was because of pumping. If little decrease occurs it does not mean that now this overall year will be in dumping position but volatility is the nature of crypto market.

Actually demands effects the price of bitcoin it means that if more people sell bitcoin then price will reduces and on the other hand when price increases it means that the number of buyer increases. News also put effects on bitcoin price whether its in positive direction or negative direction depending on good or bad news.
1191  Bitcoin / Bitcoin Discussion / Re: Who Buys Bitcoin When The Price is 100k$? on: June 27, 2023, 07:18:13 PM
First of all reaching to 100k$ in price bitcoin will take time because now it is more lower than the mentioned price. I think that buying at higher price is not a good idea but instead of buying we have to sell our bitcoin because of our increased profit.

I think after many years the price of bitcoin will be 100k$ like that of in previous years where the price was lower as compared to the current price so there will be no issue for buyers to buy bitcoin as the years passes so each and everything enhances in price and go towards more success stage.
1192  Economy / Economics / Re: Rent or buy real estate - let's have a debate on: June 27, 2023, 06:39:03 PM
If at this time we are still renting a house then we must have a target to own a house in the next 1 or 2 years, it doesn't matter if we have to have a house loan,  if we continue to rent, it is certain that property prices will continue to rise and it will be increasingly difficult to own a house, to be able to achieve this goal, of course, we must be able to save money or increase our source of income.

Everyone wishes to have their own place where they can live and no one wants to live on rent but it depends on the resources. I think that you are right that those people who are on rent will surely be in struggle to buy their own place and because of this struggle they will worked hard, reduces their expenses, and enhancing the way of earning money and it is possible that for this dream they start to involve in dual jobs as a single job is not enough to complete this dream.

The price of property increase it is true but instead of property everything goes to peak in price so we should try and work hard for everything to buy on time as it will be easy for us to manage and handle it on time in lower price.
1193  Economy / Services / Re: [CFNP] Utopia P2P - New ChatGPT Asst. & Web Proxy 💎| Signature + Chat Campaign on: June 27, 2023, 01:39:30 PM
We would like to inform you that this campaign will be extend for another month. Thanks for waiting, will be posting here the TX ID of the rewards in a moment.

Good news sir and thanks both you and Utopia team for giving chance. Hope for another great month  Wink
1194  Bitcoin / Bitcoin Discussion / Re: Hold Bitcoin VS Hold Gold on: June 25, 2023, 07:12:40 PM
Investing in Bitcoins requires you to hold it for a long time which will not help you in an emergency because if the price of Bitcoins is lower than your purchase price at that time you will have a huge loss if you sell.  However, the price of gold does not fall very often and in times of emergency, gold can be saved from danger by selling it. So if you invest in both Bitcoin and Gold Bitcoin will give you a big profit if you hold it long time, and Gold will give you the profit as well as emergency backup.

Agree with you gold can be  beneficial during emergency conditions whereas bitcoin will put you in difficult condition sometimes to take a decision of selling or holding. It is right that gold selling price is lower than buying price but we should wait for some months and don't put that amount which you immediately need after few days as investment is not for days.

I think if one make investment in gold then his profit will be increased double after 2 or 3 years and chances of lowering price is very low in case of gold investment.
1195  Bitcoin / Bitcoin Discussion / Re: When is the right time to buy bitcoin before the halving? on: June 25, 2023, 07:02:10 PM
The current price of bitcoin is above 30k$ and its not stable yet so try to wait for lower price than the current because if you buy bitcoin at 30k$ and it suddenly goes down for longer then it will be unprofitable for you.

Sometimes history don't repeat itself so it you are in hope that halving will occur and you select bitcoin investment at 30k$ and halving fails to take place then much more time will require to recover that sum of money.

I don't say that buying bitcoin is not profitable and will never enable you to take your profit but I want to mention a point that take every step Wisely and always decide buying when cost is not as higher to take more time to recover your money as well as take profit
1196  Economy / Economics / Re: The cost of living is trying to kill the living on: June 25, 2023, 06:03:11 PM
The cost of living shouldn't kill the living please. The living should find a way to rise above the cost of living. The living should grow their own vegetables and rear theor own animals if need be. The living should find a smart way to reduce their cost. With reality now, the living shouldn't be competing for the latest car, clothes, electronic gadget. The living shouldn't take out a loan at this time. Bitcoin freedom for the living.

Living will grow their own vegetables and fruits if they have occupied some area but if they don't have then surely they will purchase these items from shops which cost more. I know if people wants to minimise their expenses then they can because nothing is impossible for anyone if one desires to do so.

If one desires to have more comfortable life then he cannot live a simple life so it will be better for us to avoid following others because everyone gets those things which are in his fate neither more nor less.

People will not involve in bad activities if they learn from childhood that simple life is better than getting involved in those activities which harms others.
1197  Economy / Economics / Re: Look for what to invest, not what to eat on: June 25, 2023, 05:36:12 PM
Many people think that when they have income and money they will continue to try to spend it for pleasure, they don't think about investments that can be a helper when bad things happen, and we have to be able to control all expenses and of course have to invest even with a small amount.

It means that such type of people just focus on present but don't think about future. Sometimes different thoughts about future makes a person sick and I saw lots of people who just focus on present and they eat well, dress well as well as their lives are prosperous while those people who think about future but destroy their present always lives unhealthy lives, neither they dress well nor they eat well because they are always in efforts of saving money.

I don't think that investment is not a good idea but we can also not leave our present for future because we don't know that will we be alive in future or not? As life is unpredictable so I think that focus should be more on present rather than future.

Saving is important but save some money but investment of overall amount is not a good idea which should be avoided.
1198  Economy / Speculation / Re: Can we experience $80k this year? on: June 24, 2023, 06:37:27 PM
My advice, have a spare budget instead of putting 100% of your budget on trading and investing.
You must have these alternatives if you don't want your trading and investment plans to be disrupted, so consider them wisely before you do.

Yes exactly spare amount should be used and I think no one will use 100 percent of their budget but if someone do this then is not a good idea.
Everyone knows that in life they have to face certain harsh condition in which they will require money so for such purpose it will be helpful to save some amount for emergency action while you can invest other percentage if you want to avoid certain risk related to trading or investment.

Other thing that will help to not disrupt trading or investment is that minimum amount should be invested which will minimizes your losses as well as if you want to remove that little amount so it will not hurt you as such as the bigger amount will.
1199  Economy / Economics / Re: Landed properties is the best investment on: June 24, 2023, 06:25:59 PM


Following your logic, an individual(let's say a man)who wasn't lucky in this life to have parents who could leave him land as an inheritance would have to start the journey of success from the starting point. Lol. Cause land is the only asset that could yield profits in the long run.
What about people who were "unlucky" enough to have parents who didn't leave land but perhaps left them a billion dollars in trust. Would those same people have to undertake the journey of success from the starting point? I don't think so. 

Not only land but every other asset which gets expensive with a passage of time is necessary to continue a successful life journey. I have seen many individuals who faces difficulties when they don't have anything from their parents while those who have previous successful history have stronger base.

Those who have nothing from their parents have responsibility to manage family alone and without a parents supports one can achieve goals but lots of time will be required. Billion of dollar, landed properties, gold, bitcoin and even another precious things which is given to the children by their parents shows a vital rule in one's success in future. I don't say that people without money from parents will never be a successful person but I want to say that yes they will surely be successful but it will takes time as they have nothing at start to setup their business or something else as a way of earning.
1200  Economy / Trading Discussion / Re: The green shouldn't always be the reason to enter the market on: June 24, 2023, 06:03:10 PM
It is always a failure or mistake especially if we are not good at making a decision. A reason why we should have to pause for a while to think over and over again before deciding what we are going to do next in a particular situation in order to avoid mistakes.

Apparently, there is no perfect time of entry but as we know that it was good to start investing during the market corrections. But some people are preferred to have it started during recovery as their reason is that they won't wait and hold for so long, and they will earn profit quickly. That was the comparison between a patient and an impatient holder - they all have a reason and therefore, buying always depends on us. 

profit is not easy quickly but instead of impatience one can achieve their desired goals with patience so I don't think that those individuals who rushes for the success can achieve success. Buying will depends on us but we have to choose when to buy so an expert will make good decision while those who don't have any knowledge cannot be true all the time.

People who wants to be successful needs strategies to apply, knowledge of time to make decision, and control emotions. At start everyone makes mistakes but successful person is that who seek to minimize these mistakes with passage of time.
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