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Yes, i agree with this because today it is already being used in business transactions and online payments. it is better to have an investment like cryptocurrency because once the price dipped you may buy or add in your investment to make it much even big and reserve it for the future. It makes your investment double, triple or even ten times more. Regardless of your investment, whether big or small, in the future it will create a big impact in your investment. so better invest now and learn about cryptocurrency.
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Yes. It is important to be vaccinated. It is our protection against the deadly virus. Though it is not 100% fully protected, still, you will not develop serious illness if you get infected. You will still be infected but it will be just mild. I, myself, want to be vaccinated but I have lots of allergies, I first have to consult my doctor and get a medical clearance prior to vaccination. I am hypersensitive so I"ll ask my doctor first if it is okay for me to get vaccinated. For now, I am extra careful, i do doubdle masking and distancing myself to other people to make sure i didnt go close contact with other people.
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Matagal pa siguro itong mangyayari sa ating bansa dahil hindi lahat ay may access sa high speed internet at tsaka sa elektrisidad. Hindi rin masyadong knowledgeable ang mga tao sa online transactions at mas sanay sa pagkakaroon ng cash on hand. Malaking pondo rin ang kakailanganin nito mula sa gobyerno, halimbawa para sa mga government transactions sapagkat kailangan pa nilang mag-upgrade ng kanilang systems at mag-training ng mga tao. Ang priority pa rin ngayon ay agrikultura, social services at mga imprakstratura kaya malamang ay matagal pa tayo magkakaroon ng cashless society sa ating bansa.
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First, i will sell and take my profit. But i will keep 25% of my investment. I will use my profit in building my own house and other important things. I will also have a life insurance with investment for my future. I will have another fund when the bear market comes and i will have the opportunity to buy again at a lower price of bitcoin. I will also help and give to my family and will donate to my community. I will also secure the future of my son.
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We should invest in bitcoin because it is a good investment. It will become a long term investment and if you are interested in investing, you must know what is bitcoin and the technology behind it. How blockchain works. it is a risky investment but can also have a higher return of investment. There is also a possibility that this will be a future form of currency. It is also a safe store of value. You can also use it to purchase and do transactions online such as remittance and payment of bills.
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Hopefully this pandemic will end soon as long as the vaccination will continue and we will achieve the herd immunity. Also, if people are disciplined and they follow the government's policies such as wearing of facemasks, sanitizing and physical distancing. We also have to avoid large crowd to avoid the spread of infection. We as citizens must be responsible enough for this pandemic to end. This has affected our lives and also we have lost many lives and jobs. Therefore, the key to eradicating this pandemic is within ourselves, we must get vaccinated and follow the government.
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Yes, because the volatility of the market and many volumes are waiting for below 30,000 price of bitcoin. When there is bad news like, what happened in China, it can cause for the bitcoin to go down. It is also the time for whales to buy at lower price and bigger volume. Downward maybe a sign of bull trap within three to four days, then breakout again for the next day. Perhaps the government is trying its best to recover from this pandemic, and hopefully soon this will end and everything will be back to normal.
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FOLLOW THIS RULES TO BECOME RICH
Rule 1
Money is covered only by the words of those who govern those countries.
Rule 2
Monitor your expenses ( Even the tip you give to a stripper)
Rule 3
Don't gamble
Rule 4
Don't invest in women (gold diggers)
Rule 5
A investment is a operation that allows you to recover the initial amount invested and it will generate you a profit after rigorous/logical/rational analysis
Rule 6
Diversify ,but put your eggs only in things you understand and things that gives you pleasure /joy to find out more information and to analyze them.
Rule 7
Invest in things that do not expire or have a long shelf life and that provide you with a stable income. Example: Land that you can cultivate and build on it at the same time.
Rule 8
Evaluate the things you want to invest in ,and try to buy them at a discount.
Rule 9
Use compound interest as a tool ,and your ROI/yield should be greater then losses caused by taxes,fees and inflation.
Rule 10
Do not enter in conflict with governments,countries you will LOSE.
Rule 11
People can be greedy,power and money corrupts,accounting data can be faked and companies can use different standards to do the math,and people can lie about the things they want to sell or to get rid of .( Why would you want to sell something that is generating income ? )
Rule 12
Create contacts and educate yourself
Rule 13
Do not let inflation corrode your money ,move it but do not move it to much else you will lose it in bank fees,taxes etc ... money is like water.
Rule 14
Get rid of vices (Smoking,drinking,coffee etc)
Rule 15
If interest is compounding,that means inflation is compounding also.
Rule 16
Optimize your expenses when you invest in something ... find how much are the taxes,fees etc on the thing you want to invest..before you invest in it.
Rule 17
To invest you need capital ,you get it in time with work and sacrifices ,drop by drop.
Rule 18
Value of a thing is given by how much someone wants that thing in a moment in time ,
If i am in the Sahara Desert now and if can't find water in a 1000km range and if don't have a car ,water is worth more then gold.If you live next to a river with clean water ,water is worth zero to you.
Rule 19
Land,Proprieties that are next to intersections/crossroads are worth more then does that are not .
Rule 20
Safe money is more valuable then risky money .
Rule 21
If the investment has a good manager and a low return then the investment is a bad investment .
Rule 22
Invest in people and their skills / qualifications .
Rule 23
Don't invest your money all at once ,life is like a roller coaster.
Rule 24 The Most Important Rule
If your rich,famous,powerful ,beautiful,healthy,loved that does not mean you are smart ,or your parents/family are smart . It's just your fate given to you .
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If i would have listen at the right time ... i would have been rich now .
Yay! Thank you for sharing this. As a young professional and starting to earn money, we are not that knowledgeable when it comes to handling our finances. So it is better to ask and seek advice on how to handle our finances. It is important to save and invest. And also to enjoy our hard earned money, splurge on things but know your limitations. SAve up for retirement and help your family. TAke risks, after all, you can still earn that money. Always educate yourself, learn from a lot of people and listen to them. Observe how they become rich. |
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Totally agree. Hustle hard then enjoy. Do not deprive yourself. Instead, find time to reward yourself, whether it is something luxurious or travelling around the world. As long as your happy and with the company of your lovedones. Better be wise in saving and spending your money. Of course it is also important to save for retirement but we must also enjoy life. we cannot spend money after we die, so better live your life to the fullest. There must be a balance between enjoyment and saving. you must also share your blessings.
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Yes. We must motivate and empower each other. This pandemic heavily impacted our daily lives and many are suffering from mental health problem so we must reach out and lend a helping hand to our family and friends. This pandemic taught us a lot of things and one of this is the importance of family. This of this as a challenge and with the arrival of vaccines and vaccination program we will be able to get thru this. let us be more compassionate and caring during these challenging times.
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yes it is good to become wealth and at the same time have a social responsibility. When someone is rich he/she must be responsible with regard to his money and do it for good such as donating to charities or organizing an event for a cause. It is good to be rich but it is much better to be a good citizen. We must take care of other people, they say, by taking care and doing good for them is doing good for God. It is also a good karma. We must support and uplift each other's lives.
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The decision is all still up to you. Many people are probably convincing you in any investment schemes that's why you are here creating this thread about risks. I have one piece of advice, risks is everywhere. You just have to mitigate the risk and try to avoid it by practice and experience. Another thing is you can still earn money, whenever you lose, you can still work and earn it. It's still not the end of your life.  Totally agree. Your money, your rules. Perhaps, you worked hard to earn that money so its up to whenever and wherever you use it as long as you're happy and you don't do bad things. Many people are now wise with their money such as saving and investing at the same time. People must learn how to take risk and chance to earn much more. When you take risk, you are ready to win or lose. So be brave enough to take risks. You must identify your goal to be able to reach it. Work hard for it even if involving taking risks. perhaps, you can still earn that money, so better take risk. We must take a leap of faith and leave our comfort zone and learn to take risk. |
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COVID-19 virus heavily impacted our livelihood, economy and our daily lives. We are one year suffering from this dreaded virus and many have lost their lives, lost their jobs and it risks the health. One of the affected is the health sector, especially our frontliners who are up until now risking their lives to save someone suffering from COVID-19. the agriculture sector is also affected due to high prices of food, we must thank our farmers and fishermen for they are our modern day heroes. They are our food heroes. With the help of our government such as providing food and loan assistance, we will build back better and achieve the new normal. We must continue to work together to help solve this pandemic by vaccination.
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Money is just one of the components of being happy. With money, you buy things that satisfies you, with money you will be able to travel to lots of places and you satisfy your happiness. Having money is being wise to handle it. If you will use it for good, make use of it with helping others so that you will be happy and others too. That is true happiness. This pandemic made us realize that saving money is important, but it also taught us the simple life and being contented. Happiness can be found within ourselves whether we have so much or less money.
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Money is essential, it makes the world go round. Perhaps it is the root of all evil but it depends on the one who is handling it. if it will be used for good or bad, if it will help others or not. Many say that if you have lots of money you'll have many friends. but once you do not have money, one by one they will leave and forget you. We must make use of our money do not let it to be the root of all evil. God gave us skills and talents to use it for good and do good for others. People must not be greedy.
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Rich is when needs and wants are being met. Rich is when you are able to help other people reach their dreams and becoming an inspiration. A rich person is not being deprived of buying something. But a rich person must know how to handle his/her finances, he/she must be wise enough where to put his money whether to invest or save. Being rich is being comfortable and contented with your life and share with your family and those in need. Being rich is also being humble and being grateful to the One who gave you talent and skills.
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No. people must be responsible at a young age. there is no problem with our natural resources but we must know how to use it. Of course, the government has a huge role to guide and support us. Education plays a vital role, everyone should be educated to minimize poverty. Perseverance is the key. Its not easy to end poverty, but we can eradicate it. There are lot of things we can do to help end poverty. Starting a small business is a good idea, it will easily grow if we are responsible enough to manage it. Also, we must make use of our natural resources.
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i agree with this because technology is our future such as the internet and it is also possible to change to fiat currency because of the advantages that is being given by bitcoin such as cashless transactions. And we are aiming at that technology right now so i believe that bitcoin will never be gone. And most people use internet everyday. slowly people and government are accepting cryptocurrency and such as a mode of payment for example El Salvador.
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fiat currency can be controlled by the government for example there is an inflation in a certain government what will be the solution, with fiat, the government can control it while on bitcoin, it is decentralized and cannot be manipulated by the government. they cannot control because bitcoin has limited supply. if the demand is high in bitcoin and the circulating supply of bitcoin is lesser then, its price and value becomes higher unlike fiat the government will just print in case of inflation.
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ordinary people tend to be afraid of bitcoin because of lack of knowledge and information. But if they are well informed and they will try to learn and understand cryptocurrency it will be beneficial for them. they will learn on investing and trading. they do not know how bitcoin runs and how the technology of blockchain works. they are afraid to try bitcoin. they are already comfortable with what they have and not brave enough to take risk.
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