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1221  Economy / Economics / Re: Why do people stay poor? on: June 16, 2023, 07:04:26 PM
If man does not awaken the humanity within his heart and lives in idleness, he will never become rich. If a man tries, he can certainly become rich. There are some people who earn a lot of money but do not keep account while spending that money, if they spend money without account they will never be rich. Every man has to work hard to become rich, only hard work can make him rich. Here you earned money by working hard but if you spend without calculating the income expenditure you can never be rich. Of course to get rich you have to calculate all the hard work plus income expenditure but you can achieve success in life.

People will only be able to be a wealthy if they perform for it because without tolerance of difficulties one cannot perform well. Making account is necessary because if you don't have any account and spend all amount of money which you get then you will enter into the state of poverty in no time.

I know that every individual is not wealthy but unnecessary spending of money is a person's fault, if you have endurance then you can live a simple life and you can also save money which will help you to spend less and save more. So by applying this technique you will be wealthy very soon but big efforts is necessary to prevent poverty.
1222  Economy / Speculation / Re: Can anyone Predict What's going on crypto market? on: June 16, 2023, 05:04:55 PM
If there is someone who can predict market prices in the future of course he can be the world's number #1 richest person, I got to know bitcoin in 2014 when the price was below $ 1000, if I can predict the price then I will sell all the assets I have then sell when the price is $69k.

This is correct because if prediction become easy then no one will be upset with ups and downs because they will know that if now the price is down then in other month price will much more higher but instead of this situations people just predict but no one knows that how much this prediction will be accurate. But remember that market will change because it is the feature of crypto market that it never remains in one state.

Market isn't predictable and this ability of Market is also very essential for the success if a person understands this thing. We know that if one thing has harmful effect then surely there will be certainly some positive effects of this same thing but when unfavorable condition comes we just remember the bad things and forget about the benefits which we have get in past.
1223  Bitcoin / Bitcoin Discussion / Re: Are you tired of waiting for the jump? Pls Hodl on: June 16, 2023, 04:10:35 PM
The down in price is not a new thing about which investors does not know so I think that sudden decision will make you hopeless therefore try to wait during these circumstances if you have make investment in Bitcoin.

Remember that success needs your patience and if you make decision without thinking about the future, about your money and make losses then you cannot be a successful trader but instead of these activities you should forget about your investment during bear market so whenever it pumps again then you can take your precious decision.

There is no guarantee then when the market will recover back but it is guaranteed that it will surely increase one day and then those will regret who sell their bitcoin in low price so wait for the best.
1224  Economy / Trading Discussion / Re: 7 tips to know about crypto trading on: June 16, 2023, 10:21:11 AM
Yes, capital plays a very important role in profit-making in terms of trading, but it's all not about capital alone, someone's knowledge and skills in terms of trading are what determine the profits someone will make. There are some people who make reasonable profits with small capitals because they are good traders, so capital with good knowledge is the one that determines the amount of profit someone will make from trading.

This is the actual thing that instead of huge amount of money if you have no idea how to reap the benefit and how to increase your profit then this huge amount of money is useless until you learn every single strategy that will aid you to earn more cash.

Money and knowledge both are very necessary because if a person understands the market situations very well but have no money to use for profit then he cannot be a successful trader so in this situation taking loan is not a bad idea. Always remember that you should select that business in which your are familiar with risk management and you know how to take profit under any harsh situations.
1225  Economy / Trading Discussion / Re: What is the most significant trading sacrifice you believe you have made? on: June 15, 2023, 07:31:15 PM
  • Spend less, and stay away from unnecessary things.
  • Start saving in your time, in your expenses and avoid any behavior that leads you to more spending.
  • Think and learn how to invest your money, the more you know, the more you build a clear goal and the easier it will be for you to achieve your ultimate goal.
  • Dream and keep dreaming. If your dream is a car, dream that you are driving it and it will come true.

People sacrifices for success and every success needs sacrifice but if certain rules are followed then person will easily get profit rather than sacrifice anything.

These points are necessary to avoid harsh condition whenever you need money like if you save money when you have good amount of money then you will not take loan whenever you need certain percentage for necessary things or make investment. I think that if those things which are not crucial for life should be stop to use because lots of people are spending much more money in useless activities which enables you to save money.

Learning before investment is also very important because money comes very hardly so selection of coin and using of knowledge will be most important things which will give you fortunate destination.
1226  Economy / Trading Discussion / Re: Gambling is different from trading on: June 15, 2023, 05:40:01 PM
Trading is much more different from gambling but those individuals who start trading but they they don't have any knowledge about trading then they consider trading as a gambling in which they will win or loss according to their good or bad luck.

Individuals who are unable to manage their emotions and because of these emotions they continously put money to recover their money and continously losses that putted percentage so this type of trading is also a gambling.

Always choose the right path and it will depends on a person that he uses his knowledge for success or totally work according to the luck.
1227  Bitcoin / Bitcoin Discussion / Re: Bitcoin gift to wife on wedding. on: June 15, 2023, 04:18:17 PM
You are a student as well as a bitcoin holder so it is appreciable and also you desires to find a good job which implies that you don't depend on bitcoin completely which is also a good feature.

I think that you should give your wife a gift which she knows well, bitcoin is famous asset but all females are not aware of it and if your wife does not know about bitcoin she will consider it as a useless thing.

one cannot understand the benefits of bitcoin quickly, it will take time so I will suggest that give another wedding gift to your wife and if you want to make her bitcoin holder then first teach him about it after that she will easily understand the value of bitcoin.
1228  Economy / Economics / Re: Is poverty a lack of money? on: June 15, 2023, 01:51:44 PM
Poverty begins when people thinks that they are deprived of anything like most of the people have money but they don't know how to use it therefore they cannot live a life which is satisfied, some people have lots of money but their health is not well so these individuals spend most of their money on treatment therefore their life is not satisfied.

This is correct that whenever the needs of a person become completed then he will become a wealthy person without money but I think that needs can be fulfilled but desires never ends so this desires make a person poor in his own thoughts as he compares his life with others.
1229  Bitcoin / Bitcoin Discussion / Re: Kids and Bitcoin on: June 14, 2023, 07:39:45 PM
I am also in the favor of awareness about bitcoin for the children because in whole life he will surely be a holder of bitcoin as it is the fact that children always follows their parents. Comics book is one of the best way to teach children about bitcoin and they will easily get it.

There are lots of video in which bitcoin learning is easy as this video is in the form of cartoon which is more liked by children so learning with the help of cartoon videos will be very beneficial for success in future.

I think that in present age children more likely watch cartoon videos rather than reading books so videos will be more useful.
1230  Economy / Economics / Re: Which is better, staking or investing? on: June 14, 2023, 07:24:37 PM
It depends on a person's ability in which field he performs better but I think that investment will be more successful if you choose a well known coin that has the possibility to reach a higher value but once a person choose coin that is not a stable coin then investment does not guarantees success.

I will always give priority to investment because in investment people have to overcome risk by patience during harsh days. And also for staking you have to hold some coins and success mostly depends on coins so it will be better to initiate investment instead of involving in activities like staking.
1231  Economy / Services / Re: Utopia P2P - New ChatGPT Asst. & Web Proxy 💎| Signature + Chat Campaign | Sr+ on: June 14, 2023, 07:33:58 AM
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1232  Alternate cryptocurrencies / Bounties (Altcoins) / Re: 🕵🏻‍♂️ [BOUNTY DETECTIVE] 🔵eTukTuk - 3,000 USDT REWARD POOL🔵 on: June 14, 2023, 06:18:26 AM
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1233  Bitcoin / Bitcoin Discussion / Re: Bitcoin is the best career for women on: June 13, 2023, 08:01:55 PM
For jobs individuals have to go out of homes for work but in case of bitcoin individuals can take decisions anywhere. With bitcoin investment female can do all activities of life without going anywhere and she will be able to take care of her children's as there is no need to be fully concerned with price all the time because bitcoin investment should be for longer time. But in my opinion bitcoin investment is not easy and one should have complete command on it therefore for both genders it is necessary to be fully understand before doing anything.
1234  Economy / Trading Discussion / Re: 7 tips to know about crypto trading on: June 13, 2023, 07:32:07 PM
_ Never give your coin to someone to trade for you, there is a high probability of you getting scammed.

Yes exactly because trust someone blindly can be very dangerous and full of risks. You should not even share your private information therefore sharing the details to others and trust him so much to give him your asset does not sound well. Scamming is not a hard thing to do so it's up to you that how you will avoid scammers and don't believe on others. Other disadvantage is that if unfortunately he losses it then your link of friendship become weaker because you will blame him and he will left with disappointed heart.
1235  Economy / Trading Discussion / Re: What is the most significant trading sacrifice you believe you have made? on: June 13, 2023, 07:10:40 PM
You are right that trading as a side hustle is profitable and those who totally depends on trading become more likely to face risks as if they don't get any  profit then it will become hard for them to continue trading. Trading should be considered as a part time job as it is very risky you don't know that in next step will you be a profitable trader or loss all your money so just put little money and continue your regular job with part time job as trading.
1236  Economy / Trading Discussion / Re: Risk management on: June 13, 2023, 06:44:04 PM
People often think about profit but the actual thing is to identify the risk and work to decrease it. This is true that if a person realize that getting profit is hard for him then stop putting money will be better because desire for making more money and recover your losses money will become a cause of your bad addict. I think just 10 percent of your money will be enough to start trading or investment and don't increase the amount after success because success is not easy always so get the benefit and utlize some portion for future success.
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1238  Bitcoin / Bitcoin Discussion / Re: Investing doesn't guarantee you to be rich on: June 12, 2023, 06:14:07 PM
1. DESIRE: You should have a desire to be rich! Most of people wants to be rich by they do not have desire to become one. They simple say it but they do not put work for it. There is a big different on saying you want to become rich and you will become rich. Be sure that you are one of the people who have desire and consistently saying that you will become rich because desire is energy. And if you do not have energy, you cannot put work and effort for you to become one.

desire is important because this desire make an interest without which a person cannot achieve his success. One should learn in proper way that how much important is their interest and their hard work for achievements. I think that the person's desire will more likely to increase once he get success because if he faces regular failure then he will loss his hopes and will forget about his desires. So success at some stages and interest both plays an important roles and interest created because of the desires.
1239  Economy / Trading Discussion / Re: Gambling is different from trading on: June 12, 2023, 05:58:38 PM
Gambling and trading both are different both in my opinion in both field you become addicted so addiction is not a good habit as it can enhance your failure. whenever a person get profit then he Don't think that how much risky it is and regularly put money due to greed in nature so once a time comes when he will loss all his money. So both gambling and trading are cause of bad addiction therefore it will be beneficial if one put money into some useful coin to hold it for longer period rather than waste it in gambling.
1240  Bitcoin / Bitcoin Discussion / Re: Why Bitcoin must surpass gold on: June 11, 2023, 07:09:43 PM
Bitcoin's value is greater but gold is also a successful way to make money secure. I don't think that bitcoin will surpass gold because gold is not volatile as much as that of gold. If a person holds bitcoin as well as gold so he will be in more stress because of the bitcoin investment due to higher risk but he will not be in much stress with gold investment due to its non volatile nature. Both are beneficial and both showed higher success rate by giving profit to holders but gold will consider more safe as compared to the bitcoin.
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