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1201  Economy / Trading Discussion / Re: Met Beautiful Young Asian Woman On Dating Site To Teach Me Trading on: June 23, 2023, 10:35:32 AM
She said that I can't trade on Coinbase because it doesn't offer the features that her platform does. On her platform, she can Buy and hold on to it and Sell it in 60 seconds. You can't do that with Coinbase.
So she wants me to transfer all of my Coinbase money into the platform she uses, which is:
BitContractPro
Women always have an attraction for men and this is not only in trade but even in the world of automotive, marketing and many companies use women in marketing. There is nothing difficult at Coinbase and the trading process is the same as on any other exchange, so you just need to learn it so you understand how to trade properly.

I am not familiar with Forex so no comment on this matter and in my opinion it is better to trade independently using existing exchanges than trusting others and needing your own analysis to engage in trading.
1202  Bitcoin / Bitcoin Discussion / Re: Small Birthday Gift - Bitcoin on: June 23, 2023, 09:21:10 AM
They only know Bitcoin from information from various social media but do not fully understand how to use it. This limitation makes some people unable to develop knowledge because there is no one beside them who can teach directly about Bitcoin. I think it's really lucky someone who has a girlfriend who can teach him how to save and invest safely.
The first prize in the form of Bitcoin will further encourage him to be more consistent in learning more about investing, besides that more people will become familiar with Bitcoin due to people directing how to use Bitcoin safely.
Initial information from social media is enough to lead them to learn about bitcoin and engagement matters directly depending on how they try to learn it. Actually there is nothing difficult because there are many videos about investing in social media, it's just that it takes a little seriousness in learning so that it leads them to real knowledge, unless they don't want to study seriously.

Let's hope for more positivity and hopefully the gifts given can encourage him to be more consistent in investing in bitcoin. Regarding how to use bitcoin properly, I'm sure on the way they will learn by themselves and the directions will probably help them to perfection in the learning process.
1203  Economy / Economics / Re: The cost of living is trying to kill the living on: June 23, 2023, 08:00:26 AM
That's what I'm asking @Davidvicterson because even if they can't meet their living needs, how can they invest in bitcoin? Furthermore, there is no guarantee that investing in bitcoin will always bring us a return. Remember that bitcoin is just an asset to invest, and investing has winners and losers, and when we win, there will definitely be losers. So bitcoin cannot help alleviate poverty or make people rich and have a good life. Too many people are unnecessarily exaggerating bitcoin in any conversation.
That's basically what needs to be considered, if they can't fulfill their daily needs, how can they possibly invest? Regarding the profit, it depends on the pattern they apply, if you want to make short-term trades, of course you need knowledge to get involved in it, but when investing in the long term, all you need to do is wait for bitcoin to reach the desired price. Bitcoin is indeed unable to solve the problem of poverty because it takes direct involvement to be successful in investing, but make no mistake that bitcoin will bring someone to the stage of financial independence.

Knowledge is needed regarding bitcoin investment and the involvement of money in carrying it out is also very important, because without money the investment will not run optimally as desired and knowledge is a supporting factor which is also very much needed as an aspect for direct involvement.
1204  Bitcoin / Bitcoin Discussion / Re: Small Birthday Gift - Bitcoin on: June 22, 2023, 05:41:55 AM
Long back while having conversation with one of my girlfriend she said she was interested into cryptocurrency. Quite often she used to watch more details on Instagram posts and doesn't have proper knowledge to get into it. Days passed and today it is her birthday. I remembered the conversation and wished her. Already she had Binance, so requested her to send the bitcoin address and send a small amount of 0.0011BTC as birthday gift.
Bitcoin information has been widely circulated on social media and many people are familiar with bitcoin by now, but the problem is how involved people are in investing and how confident they are in using it. I wonder if you are giving these bitcoins as a gift only and how far you can lead them to be consistent in investing. If it's a gift and he isn't consistent over the long term then it's a shame because he won't be benefiting from the gift in leveraging bitcoins.

I know it is not good to send gifts to the centralized exchanges. During the conversation she said she is interested to learn about trading and for that purpose she had downloaded Binance. While meeting her in person I will brief her better about the security and need for non custodial wallet.
That is already a good thing and the amount you gave can be a starting point for him to learn more about investing and I believe you have said about the safety of keeping bitcoins and he should also know that exchanges are only used for short term trading.
1205  Economy / Economics / Re: Is poverty a lack of money? on: June 22, 2023, 04:59:11 AM
And you also will not be considered rich by other people if you can only meet the basic needs to live life, because other people will consider you rich when you are able to get a new car, apartment, expensive clothes, and so on which indeed can also enter into basic needs for some people. For example, like the vehicle and residence that you mentioned, everyone definitely needs a vehicle even though it's not a new one and also a place to live like an apartment even though some people are just more comfortable with owning a house.
The definition of wealth is identical to what you convey and it is always impossible to calculate one person's wealth against another. I live in a humble neighborhood and most people are considered rich when they own houses, cars and expensive clothes, but when we live in a much more elite environment this wealth is truly priceless compared to what we have. Wealth in my view is the extent to which people can live comfortably, calmly and not get involved in debt everywhere, but when it comes to wealth with money, assets and companies it will be different again.

Others consider wealth to be whatever they own but are not involved in loan debt. For example buying a car, house and others by not having debt. However, people's views will always differ in defining wealth because there is always a comparative value between one person and another.

This means that vehicles and housing have also become the main things for everyone to live more comfortably, even if you don't consider these two things as the main things because maybe you don't need them now. But someday, you will definitely need your own place to live and your own vehicle when you want to live a better life.
Vehicles and houses are necessities, everyone needs them now to support work and housing is a place to live that is much needed as a guarantee of a decent life. It's just that the difference between luxury or not can be adjusted to the amount of one's income and most importantly not forced to buy beyond their means.
1206  Economy / Economics / Re: The cost of living is trying to kill the living on: June 22, 2023, 03:25:47 AM
Of course, we need to adapt and find a way to survive in this life. But given what's going on with the economy, it must be admitted that the cost of living is killing many people. For the poor, with the current high inflation situation, it will be even more difficult for them, and not everyone has the same opportunity to find a job as others. If you live in a country at war, inflation is up to hundreds of percent, and finding a job to increase income is not as easy as you say.
The ability to find solutions in the midst of economic conditions like this is very important because expecting from others will only be in vain. The higher cost of living is due to the volatility of income and spending and what is worse, the prices of basic necessities are rising out of control, inflation and recession have killed economic growth and many big/small businesses have gone bankrupt everywhere, the impact of this process is happening the instability of fulfilling the daily needs of the lower-middle-income people.

When we live in a country that is at war it will be much worse because all economic sectors are paralyzed caused by the insecurity of a country. Any supply will certainly affect the selling price and prices cannot be controlled by anyone, so when connecting a country that is at war with a country that is not, the processes of inflation and recession are different.

Do you mean bitcoin will help us out of poverty? How?
No. If only to meet the needs of life they are difficult. How is it possible that people can run investments in bitcoin.
1207  Economy / Trading Discussion / Re: Luck is what you need in gambling but you have to get to work with trading on: June 22, 2023, 01:05:37 AM
trading is trading and gambling is gambling, it's true. It won't be any different, but some people trade like gambling because they don't have any knowledge in trading so they just make guesses, up or down. this will be more similar if you trade futures, Long & Short and it will be done easily by anyone and will lose easily.
Therein lies the problem that makes people equate trading with gambling, Long and Short in fact it requires knowledge to live it and not everyone is suitable for trading. When they are trying to guess it means they are betting and this is the reason people say trading has little in common with gambling, whereas when directly involved the practice is different.

Real trading is about analyzing coins to predict where they will buy and sell, not just guessing. Gambling is just betting that doesn't have a definite basis of knowledge because gambling only relies on luck and everyone's luck will be governed by the gambling system.
Analyzing requires knowledge so that buying or selling predictions can be done correctly, although sometimes when doing this it doesn't always go the same way and isn't always right. We will never encounter strategies in trading when we are not directly involved, because studying theory alone is not enough to provide experience.
1208  Economy / Trading Discussion / Re: Luck is what you need in gambling but you have to get to work with trading on: June 20, 2023, 05:23:30 PM
Even though people think inflammation is synonymous with gambling, in practice the two activities are different in carrying out, trading is still trading and gambling is still gambling. Trading is more flexible and measurable in generating profits, but must be based on correct knowledge in practice, while gambling is just a much bigger gamble that does not have a specific method for carrying it out.

1. To cut your losses and increase your profit: You can conveniently do this by using stop loss or take profit adjustment or trailing stop but in gambling, is one straight end once you have gone on the bet, you either loss all you bet or win or you bet for.
Stop loss or adjustment is a step to avoid losses in trading activities and in gambling you bet with a different scheme in the absence of a special strategy, this is what makes gambling differentiated between trading activities.

3. Traders use analytical tools to determine what market price will be and wait for appropriate timing but gamblers play by the rules of casino.
Intelligence analysis and experience will increase the ability to manage trading activities and obviously it will affect the course of trades that we make and trades can adjust our own rules regarding Stop loss or trailing stop.
1209  Bitcoin / Bitcoin Discussion / Re: Are you tired of waiting for the jump? Pls Hodl on: June 20, 2023, 04:52:39 PM
I can't be tired of holding since it requires nothing from me. I mean, I'm not scared because I know that I'm not gonna lose my money, and I'm not investing more than I can so I won't need that money unless something really critical happens.
Holds are still a good option in bitcoin and fear depending on how well you understand investing and usually experience being directly involved in investing will give you an idea of how one might choose to hold. I think everyone needs money and it feels quite strange when we say we don't need money, it's just that maybe you have prepared the money you need to use it in a systematic and measurable way, so that routine expenditure needs are not combined with the same expenditure as investment and maybe you have made a special plot for both of them in measurable.

Holds should indeed be better for people who want to get big profits from investments, but the problem is that holds must also be accompanied by stable purchases so that both can be done simultaneously because we really want to get big profits from the investments we make.
1210  Economy / Speculation / Re: Crypto experienced bloodshed on: June 19, 2023, 01:01:15 PM
Binance exchange has huge funds in their cold wallet so it is impossible for them to use investor funds to invest in certain projects, if you notice they always announce every project they invest in, generally projects that have been reviewed for potential from the start are affiliated with binance labs.
For a large exchange with a good reputation I don't think it's possible to do that, Binance has built a great reputation in many countries and using investors' funds to invest in certain projects is very unlikely. CZ is one of the richest people in the world and it is impossible for something like this to be done to make the binance exchange lose its reputation.

CZ has always posted about investors funds that are always safe on every platform affiliated with binance, so there's nothing to worry about because they have received answers to the problems with the SEC in court, I'm sure binance will win this case because their accusations are groundless and not can be proven in fact in court proceedings.
But in general we never know whether Binance will win lawsuits from the SEC because after all the SEC has a lot of influence in the United States and surely there will be a deal that will happen for both parties. It's safer and if one of us keeps assets on Binance, it's better to transfer the assets to another place first because if something happens to Binance Global we won't have any problems regarding the assets we store there.
1211  Economy / Economics / Re: The cost of living is trying to kill the living on: June 19, 2023, 12:09:18 PM
Day by day increase in prices of goods is making people's lives miserable. The goods which were earlier within the purchasing power of the people are now beyond the purchasing power of the people. A father from a middle class family knows how to manage his family. Apart from managing their own family, children's education expenses, parents' medicine expenses, a middle class family has to live a very difficult life. Cost of goods may not be a big issue for those who have very good monthly income but for a middle class government employee or officer it is a lot of concern.
Even for some middle class people are also experiencing difficulties at this time, apart from not developing the businesses they run are also affected by the economic crisis. So that people's needs are no longer balanced in spending money and as a result many businesses have gone bankrupt because there are no customers who buy and in the end finally the business was forced to close because it was unable to survive in conditions like now.

All businesses are experiencing bankruptcy and it is increasingly difficult for people to get out of the economic crisis that is happening, while the need for education, health and other costs needs to be prepared amidst the inability of people to spend money to cover the costs of daily needs.

Once the price of a commodity increases, the price of the commodity never returns to its previous level. Everything was fine if the salary of every employee or official increased with the increase in the price of goods then there would be no impact on anyone in running a family.
The increasingly difficult life that is happening in almost all countries, inflation, recession and economic crisis have become a serious threat to the survival of most people. Basic needs rose uncontrollably and the situation got worse and jobs were no longer available for some people, while the rising needs never went back down, resulting in an imbalance of income and expenditure for the entire population today.
1212  Economy / Economics / Re: Is poverty a lack of money? on: June 19, 2023, 10:55:52 AM
This is indeed not the same because a place or environment can be a very basic influence on everyone, especially for those who have to always buy everything when they need it. Of course it will be very different from those who can still get it for free in the countryside through their own neighbors or grow their own crops for what they often consume daily. So this will obviously never be the same because in urban areas there is absolutely no land to grow crops except for only opening businesses such as shops and also other services such as offices.
Seeing that poverty is not far from their ability to meet the needs of their families, then basic needs are the basis that will place people on the poverty line. When this need cannot be met properly, other needs will definitely not be met properly. So that it will have an impact on their daily journey of life and will also have an impact on other lives in terms of paying for their children's schooling and not being able to provide a decent life for their family.

In this case I also quite agree with what you say because I also see the difference between those who are poor in rural areas and those who are said to be poor but live in urban areas. And the very basic difference is in their level of income and in the way they meet their needs, because those who live in rural areas can still lead a life with below average income. Meanwhile, those who live in urban areas must always try to earn above average income so that they can be far from difficulties in their lives.
That is the problem that is happening right now, poverty is indeed based on a number of things that cannot be fulfilled, be it daily needs or a decent place to live. Living in urban areas is much more difficult than living in rural areas because in urban areas everything is expensive, house rent, PDAM water costs, electricity, basic necessities and other costs. So when the income is below the average we get it will be much more difficult to make ends meet in urban areas.

Living in a rural area is much cheaper for daily living expenses, because the cost of renting a house is not that expensive and you can grow your own basic needs in the field using all the available resources. So even if your income is below the average people can survive and try to fit in with all the possibilities that are available.
1213  Economy / Trading Discussion / Re: I found a trading strategy that blew my mind! on: June 18, 2023, 10:06:26 AM
Are there any loopholes in here? What do you guys think
There are many similar videos on the Youtube channel and while you think it's the right move with a level of accuracy that can generate constant profits, how was your experience trying it and whether it has been done? Indicators might be able to help your trading but still you can't always rely on it because at certain times the strategy may have to be changed. If the indicators can run the same, then from the past until now people will use the same indicators in trading.

It's a good idea to also have your own trading experience using small capital by trying to combine other people's indicators with your strategy, so you can study or be able to assess one indicator with another. Strategies are not always the same and depend on how market conditions work and there are times when you have to change the strategy in trading.
1214  Economy / Speculation / Re: The Bitcoin market is back on track on: June 18, 2023, 07:18:54 AM
It’s always only a matter of time until bitcoin reverts to number go up. Bitcoin is the most impressive innovation of the last 100 years or more, you can put your foot on a water submerged ball for only so long. When you get tired & release pressure, BOOM!

Bitcoin is an unstoppable force, we will see over $100,000 per coin before the end of 2025. Are you positioned for an explosive move that may catch many people unprepared?
Bitcoin is truly unique and has far more reliable capabilities compared to other cryptos, although in the last few days binance has had problems causing bitcoin to undergo a panic based correction. But for today bitcoin is back on a much better track from the previous correction process, although I didn't try to analyze how things have been in the last 100 years or so as you said, the hope to continue to make bitcoin more reliable will be in line with conditions continuing into the day This.

Belief has led us to the conclusion that collecting bitcoins is the most appropriate way to protect the value of the currency we have. Let's hope that in 2025 we will see the price as you said and that's when we will get big profits from the Holding that we do for the past several years.
1215  Bitcoin / Bitcoin Discussion / Re: If Bitcoin is legalized, a dream of mine would come true on: June 18, 2023, 05:50:08 AM
Well! the pizzeria should not be a dream, the pizza business and bitcoin has nothing to do with your success or starting the business, and your example is the best that can be referenced in that bitcoin does not raise global or personal economies, for now.

Anyway, hurry up to get your pizza business going, that's the real dream, it can exist with or without bitcoin.
If until now bitcoin has not been legal and it should not be an obstacle for him to build a pizza business using payments using his country's fiat currency. Do people have to stop doing something on the grounds that bitcoin cannot be used in their country this is really something that has been lost in the minds of people and on the grounds that legalization is preventing them from growing a business. Ironically they don't think realistically that running something like a business should be done even without using bitcoins.

You are right and the OP should keep running the pizza business and don't have to wait for bitcoin to be legal in his country and who knows for the next few years bitcoin will be legal and he already has a growing business and can convert payments using bitcoin after his country legalizes it.
1216  Bitcoin / Bitcoin Discussion / Re: Are you tired of waiting for the jump? Pls Hodl on: June 18, 2023, 03:28:56 AM
I know some will never sell, when it hits a high price, but for profits purposes there's no gain in withdrawing an investment now that the price is below or slightly above the amount you bought in the market. Unless you depend on the funds for survival or for other important dispute, keep holding on.
If you don't sell when the price is high then what you expect? Generally people will wait for a high price increase to sell it and buy back when the price falls. At least that's what most people do and I don't know what you apply to get profits and if the price is below the purchase price then automatically people will not sell because they know they will make them lose.

For the problem of survival funds we must also set aside and it is impossible for all the funds we have to buy Bitcoin, because when the market is severely corrected it will cause losses when you sell Bitcoin for the necessities of life. Hold is still the right choice for now?

Isn't the wait worth it?
Very commensurate compared to waiting for other investments that do not necessarily promise certainty. Bitcoin has an advantage in maintaining values and there is also a four -year -old cycle for belief in holding long -term as we have seen before.
1217  Economy / Economics / Re: Is poverty a lack of money? on: June 17, 2023, 12:05:29 PM
I see poverty as the inability to provide what you need. So when people assume that poverty is when you don't have money I don't agree. Now what if you have all you need and you don't require money to buy anything, are you poor? Some people live in communities where everyone lives agrarian life. They have all they need because everything they need to survive is available. Food is on the farm, water available and everybody is happy. Although it was hard during the Covid-19 lockdown many people lived without money. I have also seen many people leaving cities and moving to rural areas to live a natural life.
This must be put aside because not everyone lives in rural areas and also cannot see the problem as a whole, how living below the poverty line will be very different when we live in urban areas. There is almost no way to get basic necessities for free in urban areas and you have to spend money to buy everything. It's different if we live in a rural area because there's a lot of land that we can use to grow crops for our daily basic needs, even though it doesn't look luxurious but at least it's far from enough to meet our needs.

So describing poverty in different places will never be the same, so that the classification of poverty living in urban and rural areas will be very different. But in the end poverty can be seen how they make ends meet, buy clothes and have a decent place to live and if these three things are not fulfilled properly, then poverty is very close to those who are unable to adjust.
1218  Economy / Trading Discussion / Re: My trading constitution. on: June 17, 2023, 11:11:00 AM
- you can't build confidence without a profitable system.
How do you try to build a profitable system and do you know that trading doesn't always turn out to be profitable? Trading is not always considered suitable for some people because there are many things that need to be learned.

Trading gives you money, in order to to protect your money risk management is paramount.
Management is needed in trading and skill is one that will bring us to the stage of making profits and risk management is an important force that can limit one's psychology to what will happen in trading. You have mentioned the system many times in the discussion and I also want to know what system do you mean?

Trading does not always make money when we do not have basic knowledge and even people who have experience in trading are also unable to avoid losing money at certain times.
1219  Economy / Economics / Re: The cost of living is trying to kill the living on: June 17, 2023, 10:10:17 AM
Mate, this isn't just a problem in your country; it's also a problem in mine. Prices are just going up every day, making it impossible to buy something today and expect to pay the same price tomorrow. I've come to the realization that as we get older in this world, the problems only get worse. You can't compare young to adulthood at this point, when the economy is always in bad shape with high prices for goods, but that shouldn't matter much. Keep up the good work. God will undoubtedly provide for us.
Things change all the time and economic growth forces many people to look for loopholes to cover the increasingly high cost of living. The economic crisis, salary imbalance and rising basic prices are a big problem for some people today, what can be done when such a life continues to worsen conditions and those in authority do not try to solve the problem. One cannot rely on other people or institutions to solve problems and there is no point in continuing to blame them.

Do something to find a solution to this problem and try to live by a much more frugal standard and not spend money on things you don't need. If it's not ourselves trying to find a solution then hoping someone else will solve the problem is pointless and time doesn't wait for us to find a solution because it will keep going.
1220  Bitcoin / Bitcoin Discussion / Re: Without money, the knowledge is a waste on: June 17, 2023, 09:26:13 AM
Yes!
you got the topic very correct and I do mean it because after my last thread, I was actually wondering  the essences of having all the knowledge  about bitcoin and cryptocurrency at large and still don't have the money to buy, I just feel its a waste of effort and such a person  with all his knowledge  will definitely miss out of the opportunities in bitcoin and I'm  on the opinion  that people still need to always have some form of money at all time to buy bitcoin especially  at every instance a dip arises and I want to know the essence of wanting to crowd ones brain Brain with so much about bitcoin  when such a person doesn't have any more to buy rather than seeking ways to buy?
If it is associated directly with the purchase of money is another important thing, but try to ask the opposite to people who have a lot of money and are not involved in Bitcoin investment, they will answer do not have special knowledge about Bitcoin so that Bitcoin is not an investment that is worth considering for them. The nature of knowledge cannot be seen only from the point of view as you describe because there are many other ways that people can do to get bitcoin. One of the easiest is by following the BTC campaign as we did and this is also another way to get bitcoin by not buying it.

That's only a small part of the way someone can get Bitcoin, so don't think that knowledge is limited to one object because there are several other ways that people can go and without knowledge it's hard to achieve all of them. The closest example is that we are all on forums and there is a way to earn bitcoins, right?
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