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1241  Other / Politics & Society / Re: Is a new pandemic imminent? on: May 09, 2023, 11:52:36 AM
Who has officially canceled covid, I think this is a big turnover of money in healthcare, but there are many indicators that a new pandemic is possible. To what extent does this correspond to reality, measles is also multiplying, will the world be covered by new diseases on a large scale? Or is it an economic process?
There is no certainty that the Covid-19 pandemic is completely over. We have heard that pandemic usually occur every 50 or 100 years. Although there is no scientific explanation for this. But impacts on the natural environment such as deforestation can cause major changes in the world. Moreover, climate change can seriously disrupt human health with altered forms of viruses and bacteria. The world population is increasing and new diseases are emerging. Common people will have nothing to do but raise awareness and make the environment conducive to avoid the imminent pandemic.
1242  Economy / Economics / Re: Looking for online investment method for 50$ daily on: May 09, 2023, 11:27:27 AM
Looking for investment method for 50$ daily

Is there online investment that return 50$ daily
First we need to understand where you want to invest and also what is your investment amount? If these two things are taken carefully, it is very easy to estimate whether you can earn 50 dollars per day or not. From my point of view if you invest big amount then naturally you deserve a big amount. But I will not ensure you a consistent return of $50 per day especially if you want to invest in any cryptocurrency. As it is highly volatile, you may get more than your expectations and there is also a high chance losing your assets. It is not possible to get consistency in your daily earning whatever you trade or invest.
1243  Economy / Speculation / Re: Bitcoin is going down. on: May 08, 2023, 02:17:37 PM
Current situation with transaction fees and mempool might play good for Bitcoin (but not for everyone), as it might become a cryptocurrency for rich only, for those who can afford to spend a lot on fees. Thus Bitcoin might become more demanded than it is now, which should push the price up. Fewer people would allow to buy it, making Bitcoin more precious. The current price drop imo is cause by a small panic or better say misunderstanding among users.

do you mean the current high transaction fees are good for bitcoin? we always say that bitcoin is better than the banking system as a low-cost form of cross-border money transfer. but with the current situation, things are getting worse and causing serious congestion, not only the transaction fees are increasing, but the transfer time will also be up to several days. I don't think this is good for bitcoin's reputation.
if there is no regular buy and sell in the market, meaning demand for bitcoin falls, the price of bitcoin will plummet.
Sudden big drop in BTC price make us worried. BTC price has decreased by 2.9 percent in the last 24 hours. We know that mainly due to network congestion, the pressure has increased a lot. BTC has been paused by network validators. When the network stabilizes, the nodes will start working again. There could be several reasons for the sudden increase in pressure on BTC. But due to network stress, BTC transaction fees have also increased significantly. Increasing transaction fees is definitely not a good attitude. But I think it is temporary. When the network doesn't working perfectly, the pressure increases and the transaction fees also increase. But very soon this problem may be solved.
Reasons why BTC price dropped:


1244  Economy / Economics / Re: How to increase profit in business on: May 08, 2023, 01:47:25 PM
Building good customer connections is an efficient method to enhance earnings. You may boost client loyalty and attract new consumers by treating them like kings. Furthermore, even after deducting the cost of the incentives, delivering awards and discounts during a certain season can assist raise sales and profits. Stocking a variety of brands of items may help boost sales by giving buyers a larger choices to pick from.
There is no substitute for advertising or promotion for business expansion. Those who can manage the marketing process correctly will also find quick success in their business. However, in this case a decision has to be taken depending on the type of goods by which a trader wants to conduct his business. To manage any business, the manager must possess certain qualities. Qualities that are suitable for any type of business such as quick decision making, establishing good customer relations, having the ability to accept any challenge, having the attitude to take risks, being able to set long-term goals, making realistic plans to achieve the goals and so on. Ability to implement step-by-step and self-sacrificing attitude. When these factors are found in a businessman, he will be able to take the business to a level along with the rapid expansion of the business.
1245  Economy / Economics / Re: Money hardly come this days! Why? on: May 08, 2023, 01:17:44 PM
I don't understand why things are so unspeakably hard to people. I couldn't hard a good feelings for some days after thinking of what must have trans-led this suffering of financial hardship in societies. Money is rare this days, am going through a lot but I just hope things well and better soon. Is not really funny here.

My children are at home chase from school, I could not pay fees again. What could be the cause of scarcity of cash?
Maybe the main thing was caused by the chaos over the covid 19 disaster which made one's economic turnover quite low at that time and many people lost their jobs at that time. But now it seems that everything is fine and I believe that money will be easily found by working and applying to various companies to improve your finances.

Apart from that, what I can tell you is to save from the income you have because it will be very important when we experience a crisis that we did not expect beforehand.  Besides that, keep working hard and never give up, I don't think the results will betray us.
I think the way we spent our days during covid19 was better than the current situation. There were cases where many who lost their jobs made it difficult for them, but they survived anyway from the government or other relief funds at the time. But after covid 19 the war started and its impact started to fall at every level. Now everyone is going through this artificial crisis and the current inflationary effects are worse than covid 19. Now it has become such a situation that there is a job but the money that is received at the end of the month does not support the family. Our life is passing through a difficult situation and I don't know when it will be resolved.
1246  Economy / Economics / Re: Would you consider moving abroad? on: May 08, 2023, 12:33:59 PM
People think that working in abroad is so easy where you can earn money without sweat but in reality it is hard, this information is first hand meaning that my close relatives and friends share their experiences in abroad to me personally. In terms of financially, they really agree that working in abroad is better because their hourly wage is much higher than here in my country. The only disadvantage is that they got easily burnout because of the heavy tasks and they cannot see their family wherein they have long distance relationship that makes them feel home sick.

They said that their mental health is also not good but their environment is much better than here. So you see there are disadvantages and advantages and if someone ask me if what will I choose between working in abroad or working here. I'll choose working here because for me there are more opportunities in my country, if I will apply for a job it is better to do it outside of the country because of the big gap pay but I do not like to apply. I prefer to build a business and building business in my country is much easy and doesn't have stiff competition so scaling business here is much easier and I can become more rich here.
There is enough logic in your words. In this age of technology, it is easy to know from your home what is happening in the world. We often think that working abroad is easy. But the reality is that working there is tough but the remuneration is high. If I do a job in my country, I will be able to spend my time with my family and relatives. Moreover, many of those who have gone abroad and want to return but are unable to come considering the financial issue. A native citizen may not get the same opportunities abroad. Some even get good working environment. But not all countries have good opportunities. I am not willing to go abroad if there is a good job opportunity in my country.
1247  Bitcoin / Bitcoin Discussion / Re: Investing in Bitcoin in Student Life on: May 08, 2023, 12:09:36 PM
I think if the OP asks, cryptocurrencies are most likely allowed in his country.
I advise you to focus more on other points:
1) is there free money to invest? not in debt and not those that are for needs. For some reason, it seems to me that there are none, but you can always invest some small amount of money. For experience.
2) If the OP has no experience in crypto, investing and worries can prevent him from focusing on university studies, this is an emotional moment.
3) The main thing is that there is enough time for everything, if there is barely enough time for studying, then it is better not to invest in cryptocurrencies.

Earlier I said Bitcoin is not yet legalized in our country.
1. I did not invest by borrowing. I invested with my savings.
2. I have had a good experience with Bitcoin for about a year. Besides studying, I dabble in Bitcoin.
3. I will be able to continue my investment activities along with my studies. It will not harm my studies.
Just continue doing of what you think is right. As long as you can manage your investment and won't affect negatively your studies, that is still okay. In fact, it was a stepping stone to helping your family out of poverty and being able to provide for yourselves. Might some people think it was hard but it was not impossible when you really wanted to do something that would change your life.
But I have to remind you also not to put all of your savings into crypto and must remember that it was not legal yet in your country. And aside from that, you must keep some for possible emergencies so you don't need to ask for your parents.
Your suggestions are definitely appreciated. If one tries to brighten up one's background from student life, it is certainly appreciable. OP invested in Bitcoin that is absolutely right decision according to his over all financial condition. But he has to be careful about some things. Since Bitcoin is not yet legal in his country, he needs to exercise caution. On the other hand he is a member of a poor family so he has to support the family as well. The way he calculates his earning, he thinks everything will be completed with in the range but something different can happen at any time. In that case he must save some extra money for his family. So that he can away for his investment. He will be able to withdraw his returns whenever he wants as bitcoin getting more strength in the coming days. But if he really wants to wait for that moment in Bitcoin, he will have to patiently invest continuously according to his ability.
1248  Bitcoin / Bitcoin Discussion / Re: Bitcoin overshadowed by economic lie on: May 07, 2023, 10:43:42 PM
I have known Bitcoin for half a decade. At that time Bitcoin was at its highest peak. Even so it has not been able to touch more than 10% of the world's population to take part of Bitcoin.

Indeed, the system that exists in the world today is a form of manipulation by those who control the world. I believe in conspiracy theories that say that in the world there are certain people who control humans through the economy.

I believe BTC can provide something more honest and fair than current FIAT money. But there is a lot of negative news about Bitcoin. I believe there are people playing behind all of this. They participate in Bitcoin and worsen BTC's image in the eyes of the world community. But I believe in the next few decades people will know the value of Bitcoin and it will be the downfall of the people who control this world.
Most of the world's population is still out of Bitcoin. Moreover, the governments of different countries are still not able to accept it. BTC has not yet been able to reach that goal due to their various negative constraints. But the positive thing is that Bitcoin is still moving forward. While the world is fallen in the trap of inflation and losing value to fiat currencies, Bitcoin is holding its place. Even when people are losing faith in the banking system, Bitcoin is acting as a bank. Bitcoin is playing a silent role when many financial institutions are running misinformation about Bitcoin as a competitor. But the positive thing is that Bitcoin is moving at an equal pace. Gradually people of the world are gaining knowledge about Bitcoin and gradually they are able to trust Bitcoin. And as a reflection of this, Bitcoin is getting legal validity in different countries.
1249  Economy / Economics / Re: Would you consider moving abroad? on: May 07, 2023, 07:14:39 AM
Abroad is generally more opportunities for everything, education, employment in all aspects. Leave the country and go abroad because they leave their place and go abroad to live a little better. Due to lack of employment in our country, lack of facilities like abroad, low salary etc. Also nowadays higher education abroad does not cost much more than the domestic cost. If you think about it, it is rare then it seems more to many the cost of studying abroad depends on the country university and subject.
I think the OP here did not emphasize the point of going out for studies. He emphasized on employment. As such, it is good to go abroad. The OP is thinking that everything is rising up especially for leading good life due to inflation in his area. In this case there is a big gap between income and expenditure. If he goes abroad, he will earn more money and have a better life. I would say if he gets a chance to go abroad he can take this opportunity. If you want to live a better life, there is no alternative to moving to a better country.
1250  Economy / Trading Discussion / Re: Trading or investment! What's your take? on: May 07, 2023, 06:34:51 AM
Trading or investing these two basically depend on the market conditions. If a person feels that he has a good understanding of all aspects of trading and also has a suitable financial condition for trading then he can trade. Here the person must be well informed about the loss before trading. We know investing in cryptocurrencies is risky that can be trade or investment. But on a comparative analysis the investment certainly seems quite reasonable to me. When a person invests for a long period of time he will have no worries about the market. Moreover, it is also possible to earn large profits on investments for a long period of time. But in the case of investment, you have to invest in a suitable platform. Trading is a high risk activity where a small mistake can lead to big losses.
1251  Economy / Economics / Re: The journey of Bitcoin. on: May 06, 2023, 11:11:33 AM
It is important to note, however, that investing in Bitcoin or any other cryptocurrency comes with risks and uncertainties. It is essential for investors to do their own research, understand the market and its volatility, and invest wisely.
Caution should be exercised before giving advice on any type of financial investment. The amount of investment in Bitcoin has increased over time and continues to increase. It is our duty to convey this message of Bitcoin to those who are very close to us especially friends or relatives. But there is no need for motivation to invest.  Big businessmen of the world have now decided to invest in Bitcoin institutionally. As a result, the number of investors is gradually increasing. But I think you should give them an idea of Bitcoin just for no one can blame you. I have already given my close friends and relatives a basic understanding of Bitcoin.  Many people were encouraged to invest in Bitcoin but I showed them the risk factors. Despite knowing those risk factors, several people have already invested in Bitcoin.
1252  Economy / Speculation / Re: Will the price gets to $60k this year? on: May 06, 2023, 10:50:01 AM
When in March the price could touch $ 30k many were optimistic that the market would continue to rise, many continued to buy and now they see the fact that the market is down, I also don't regret buying when the price is $ 30k, if we pay attention to the trend then 2023 will be the year recovery and now I will also continue to buy as long as I have extra money.
In general Bitcoin has made a price recovery this year and the trend is still very good so you don't need to worry even if you have bought Bitcoin at $30K. Because you won't lose as long as you hold on tight and don't panic to sell it at the current price, but it seems you are a very optimistic person about Bitcoin because you are not afraid and still want to buy Bitcoin when you have extra money in your wallet.
After being bearish for a long time, the price has started to recover again.  Bitcoin is currently trading at around $29,000. For those who are still waiting to buy Bitcoin, I think they should buy at this price, otherwise the market will bullish any time.  It may not be possible for many. This year according to economic and crypto experts Bitcoin can reach one hundred thousand dollars. Some expect to see this amount even higher. As such, expecting Bitcoin $60K is quite natural. Since we saw the highest price of Bitcoin in the last bull market was $69K. According to the previous situation $60K may reach very quickly.
1253  Economy / Speculation / Re: Is hodling top 10 Marketcap coins a good tactic? on: May 06, 2023, 10:32:10 AM
I’ve been around long enough to see plenty of top 10 coins go away to nothing. That being said, diversification is usually a good thing. I don’t know if I’d blindly throw money at whatever happens to be there. I can understand holding BTC & ETH. Maybe even a different scaling solution like MATIC or SOL. Maybe even a meme coin like DOGE if you believe in Elon.
The order of the top coins does not mean that all the top 10 coins will be good for investing, we have experienced from FTX and Luna because they were also the top 10 coins before the coin was a scam, so the order of the coin positions is not important but we have to be careful of the altcoins of choice because it doesn't there is a guarantee that altcoins will be good for long term investment.
I agree with you in some extent but i have another idea. I would like to say coins that are placed on the top ten position, it must be massively prosperous.  It is extremely difficult for any coin to get a place. But Luna and FTX is different issues which were in good position but could not hold their place continuously. Currently, the coins that are in the top ten are definitely reliable. In which you can invest as per your choice as per your convenience.  If no new scam happens then I think every coin in the top ten is worthy for investment.
1254  Economy / Economics / Re: What do you think of gold price in long term? on: May 06, 2023, 10:13:37 AM
If you think that there is going to be any positive news in the gold market, then it is better to buy some gold and store it.  Because no opportunity should be missed as the chance has arisen so it should be utilized as far as possible.
World economy is facing extreme threat due to war and considering this situation, many countries have insisted on large gold reserves to keep their economy afloat. That is why various countries are already buying gold to strengthen reserves to get proper value of money. If every country takes such an initiative then naturally the price of gold will increase to a large extent. But we know that gold is extracted from mines and there is no limitation in this case. If new gold mines are discovered in the future, the price of gold may fall drastically.
1255  Bitcoin / Bitcoin Discussion / Re: Halloween inspired poll –would your Bitcoins get passed on if you suddenly died? on: May 06, 2023, 02:24:55 AM
My body began to fail. I slurred my speech, lost strength in my hands, and my legs were slow to recover. In August, 2009, I was given the diagnosis of ALS, also called Lou Gehrig's disease, after the famous baseball player who got it.
.
.
.
.
But my life expectancy is limited. Those discussions about inheriting your bitcoins are of more than academic interest. My bitcoins are stored in our safe deposit box, and my son and daughter are tech savvy. I think they're safe enough. I'm comfortable with my legacy.
Hal Finney has come to the end of his life and just before his deathbed he shares the precious words of life for everyone in our Bitcoin forum. No matter how sweet life may be, there is an end to life and we must suffer that end. We all have to face the eternal truth of death and prepare ourselves accordingly.
Hal Finney left bitcoins in a secure offline wallet for his wife and children, reminding him repeatedly that bitcoin would become a valuable competitive currency near the end of his life. If a man leaves bitcoins for his children's safety on his deathbed then we should leave bitcoins for our children and spouses like him.
None of us can tell when someone will die and we can't tell the state of our wallet when we are on the brink of death so we should disclose or document important security things like wallet password, backup key, seed phase etc. among trusted family members. Go so that we can recover our stored bitcoins after our death.
Anyway, I have already written the seed phase of my Electrum bitcoin wallet to my younger brother and my wife in a diary so that if something happens to me, they can retrieve my stored bitcoins for future use.
Still many of us ignore the fact that it is an universal truth. Maybe many of us are still thinking that with in short possible of time we will give the keys of our wallet to someone we trust. When death will be occurred there will be no chance to get a little moment and at that time our bitcoins will not be recoverable. Things that seem easy to me that I can figure out these keys in less than a minute, but when I die, the descendants can't even try for a lifetime. So instead of being lazy, those keys should be quickly shared with someone you trust.

It may also happen that someone suddenly becomes paralyzed due to a stroke and loses his memory, in which case he can't recover his bitcoins even when he's alive. It's harder than dying. In such a situation, even if you have your bitcoins, you will lose your keys.
1256  Bitcoin / Bitcoin Discussion / Re: I won £50 - should I use it to buy Bitcoin? on: May 05, 2023, 06:26:19 PM
Although I am a Bitcoin maximalist, I believe that you should diversify your savings as an additional security measure. It is also important to keep some savings in easily realised assets. Bitcoin is great as a long term hedge against inflation, but I don't cosider it to be an easily realised asset. Of course it is a simple matter to sell coins for cash, but its volatility means that it is important to time the sale. The law of maximum perversity states that when you need to sell Bitcoin, its price will be at its lowest ebb. Bank savings accounts can enable you to withdraw funds almost immediately, but the interest rates are low. In view of these facts I decided to purchase some UK National Savings premium bonds last December. These are government bonds that don't pay any interest, but the interest from all of the savers' bonds are placed in a prize pool, and prizes are awarded each month. The prizes range from £25 to £1,000,000. I won £50 in this month's draw, and the money will be paid into my bank account, and it is tax free. Now what should I do with the money? I could use it to buy more bonds, as the minimum purchase amount is only £25. Alternatively I could buy a few Satoshi, as I believe that we will see a sharp rise in the price of Bitcoin later this year, or perhaps early next year. The million pound prize is tempting, but so is the doubling or tripling of the Bitcoin price.
I agree with you that the portfolio needs diversification. The decision you have taken is not unreasonable. If using £25 and wins a prize worth £1,000,000 your life will change. But since this is a lottery, the chances of winning here can be very low. Even though you've already got £50 it means there will undoubtedly be a chance of winning the lottery. If the opportunity is relatively high then you should definitely put your money at that platform. And if you think buying Bitcoin and holding it for a long time will make you happy at 3x or 4x then you can invest. In UK National Savings premium bonds you have to depend on your luck. But if you hold in Bitcoin, you can definitely get returns from there even if it is a small amount. Even though Bitcoin has high reliability but i don't want to underestimate your thought.
1257  Economy / Economics / Re: does bitcoin help in your economy? on: May 05, 2023, 04:59:04 PM
there are many people investing in bitcoin, some are profitable and some are losing. and I believe bitcoin has a big advantage. The question is whether when you benefit from bitcoin, you can help your economy and your family?
There are many people in the world who depend on Bitcoin to be financially free.They are developing themselves at the same time supporting their families. Moreover, it is very easy to guess. There are some of my acquaintances who bought bitcoins for $7000 and sell it in bull market 2021, a good amount of profit earned by them and become millionaire today. They now believe in Bitcoin wholeheartedly. And their focus is on Bitcoin. But the point is that those who still want to go to that stage should try now. Those who collect bitcoins at current prices will at some point reach that desired level. Bitcoin is serving as a way to financial emancipation for the younger generation these days.
1258  Economy / Economics / Re: Crypto in Indian Economy? on: May 05, 2023, 03:57:20 PM
India is one of the richest countries in the world and it is recognize as a self sufficient country in terms of meeting the basic needs of people. It can be said that they are economically prosperous countries. The education rate of this country is also very high. Moreover, Indians now lead some of the world's largest corporations. In terms of technology, they are much more advanced at the moment. It also developed as a powerful country of military power. As such, there is no doubt that their position in crypto will remain high. India is currently the only country with a large cryptocurrency market. Some of the largest crypto projects are owned by Indians. The Indian government initially tried to regulate crypto but failed. Instead they support crypto. India may emerge as a cryptocurrency hub in the future.
1259  Economy / Speculation / Re: My advice to you regarding bear markets. on: May 03, 2023, 12:17:22 PM
Many people predict that the increase at the beginning of this year is a trap because the market will experience a difficult period again, if this happens of course we must be optimistic and don't panic, a bear market will occur and often repeat itself, but if we can be patient and take advantage of opportunities to buy then we can get big profit.
According to the data from CoinMarketCap, there are more than 23,000 cryptocurrencies on the market so far, most of which have very low trading volume and acceptance, and there will have many scam projects. But Bitcoin is exceptional from all these cryptocurrencies. Which is at the leading position worldwide.

Bitcoin is favorite among investors for several reasons one of them is its market capitalization. Bitcoin has larger market capitalization than any other currency and have much liquidity, allowing it to be easily bought and sold without significantly affecting the price. Currently, there are various initiatives based on Bitcoin. Some countries have already recognized Bitcoin as a legal currency. As a result Bitcoin is now a naturally high demand cryptocurrency. But before investing here an investor must give importance to the timing. This must be a scheme for rich people who can hold bitcoins for a long period of time.

Since cryptocurrency is highly volatile, its ups and downs should be taken with ease. Those who simply accept the bearish and hold on to the bullish period will be the successful. Just remember that bearish market is the source of energy for bullish market.
1260  Economy / Trading Discussion / Re: Is it true that this AI is good for trading? on: May 03, 2023, 11:21:55 AM
I feel that AI is just like a bot that is constantly being updated. however, I think the AI system also compares speculation and analysis of existing data, whereas trading always moves based on the needs and wants of the market at that time.
However, I do not recommend this. I prefer to trade with the speculation that I have. we will never know when the AI failed to read the price chart, and I think the risk in this case is very big.
Recently many open AI products have come to the market which can perform tasks very efficiently. But almost everyone knows that AI trading will not be very successful. Because trading is not built on any particular database. There is always change. I'm skeptical about how an AI can make good sense of these changes. But it can do well in other areas apart from live trading. Since trading goes at its own pace, I will focus on my own skills and strategies for trading as best i can in this market. Since they cannot make future predictions, Those AI will not be successful in trading.
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