I like commission job than salary job because if we are in a commission job we can earn big in a day, while in salary job we cannot earn big we can only earn a minimum wages within 8 hours of working. I believe many people like commission job than salary job, because commission job can make more profit if we are lucky.
When it comes to job freedom, commission based jobs are more effective. These jobs usually do not depend on the boss. Moreover, there is no limit for earning money. One can earn more money by working harder. On the other hand, in salary based jobs, a certain amount of money is provided. These jobs always depend on the boss. There is also the possibility of job loss at any time. However, commission based jobs and salary based jobs have advantages as well as negative aspects. But a job holder who will do the job will prefer which one is suitable for him after considering the pros and cons. However, commission based jobs are generally not for everyone. |
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The sanctions imposed by Western countries on Russian banks, oligarchs, and technology imports have not had a significant impact on the day-to-day lives of ordinary Russians. This is because the sanctions have been targeted at specific individuals and sectors, rather than the broader population.
However, the sanctions have had a broader impact on the Russian economy as a whole. They have limited the ability of Russian companies to access international financial markets and technology, which has slowed down economic growth and led to inflation.
Despite imposing thousands of restrictions, the Russian economy has had little impact. Rather, Europe and America have revealed their failure. Moreover, the negative impact on the dollar at the present time is very naturally indicating the deterioration of the economic condition of America. Some companies initially wrapped up their businesses under sanctions imposed by the US and Europe, but their long-standing restrictions are slowly becoming ineffective. As a result, the inflationary pressures that the Russians were afraid of are slowly coming to light. |
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so if we include the dip below $20k in March, then clearly we had more like 9 months of uncertainty... and decent amounts of time of price negativity.. including that even now, there might be some comfort in regards to the BTC price being in the positive.. but it still is not certain that the price is going to stay above the $20k entry point for the remainder of the loan period, in the even that OP has not already been completely reckt. if he were to provide an actual report that is based on actual facts rather than his earlier fantasies.
Yes, we need to find out how things are with loans in order to understand whether the OP was able to pay them back and how much he had to overpay in the end, that is, to understand what the final purchase price of bitcoin was for him. If in the case of an uncle, he can somehow agree, then such a trick will not work with the bank. His plan might work, but I wouldn't mess with bank loans to buy bitcoin, I've been sticking to my strategy since the beginning of 2022 and buying bitcoin every week, I didn't worry all this time that I need to repay debts and pay interest on credit. But I don’t want to say that my strategy is better or worse, in the end, any strategy that makes a profit will be good, but for this they need to wait for the bull market and see how much bitcoin can rise to. The OP undoubtedly took a big risk. But his risk has worked out positively. According to the current price of Bitcoin he is now profiting if he holds it. OP bought a bitcoin in $20000 so he is able to withdraw approximately 50% of his investment at the current price. If he is able to use other financial sources to pay off his debt then he is heading for a large amount of profit. Although I never agree to buy bitcoins from bank loan. In this case I am using DC like you. Because for those who do not have enough money, buying bitcoins in this way will be very effective. But I'm impressed with the confidence by the OP about Bitcoin. Hopefully he will make large profit by the long-term investment. |
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if you want to get big profits, do it with big capital, if the capital is small, the profits are also small, you can't invest in bitcoin, even if it's only $ 30, but it would be nice if you have a capital of $ 30, choose to invest in alcoins, you will get more profit because alcoins can go up drastically and the profits also more, it's just a suggestion.
As a new investor it is quite useful to start with $30. But if the profit is calculated from investment purpose then an investor must invest such amount of money that he is able to make good profit from it. Buying Bitcoin for $30 is unlikely to make much profit. On the other hand, investing even $30 in altcoins will not be profitable because all the good altcoins are very expensive. You may be talking about some sheet coins that can make big money with little investment. However, investing in these coins often makes it impossible to get a return on investment. So the investor must increase the amount of investment. |
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The world is changing faster towards technology and Bitcoin come in the era of technology which makes it more stronger as the technology keep spreading across the globe, Having said that, Bitcoin is a digital currency which is easier for any given country, as a means of payment, which the value of the Bitcoin always be one at a particular giving time. Therefore, The adoption of Bitcoin just started with a full force accept as a means of payment, trading and investment.
Despite having several use case of Bitcoin , it is now most commonly used in two ways. One of them is as a payment medium and the other as an asset. In these two cases people have adopted Bitcoin very easily. People's confidence in Bitcoin is increasing day by day. Governments of different countries are also working on it and they are trying their best to implement it. Among them, El Salvador is one of the countries that recognized Bitcoin as the first legal tender, and thus new countries will join the Bitcoin adoption. Bitcoin has managed to build its empire wherever it has touched and is going to create new revolutions in world. |
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I think nothing is impossible in bitcoin price movement, today the price reached more than $ 28500 but if there is a crash it can be easy to return to $ 10k, this is common, for example like in 2021 it reached over $ 69k many people said it was impossible the price will drop below $30k but it only took 5 months for the price to drop below $30k.
By looking at current market movements, we are more inclined to say that Bitcoin is unlikely to return to the price of $ 10k, and we assume that Bitcoin will continue to be above $ 25k and above in the near future. I believe this indicates a move is imminent for more upside, now in a $29k green graphic correction after dropping from its $30k initial price. Some investors lose confidence or sometimes get worried at the Bitcoin price correction. But Bitcoin real holders are not concerned about this. Because they are able to accept both Bitcoin pump and dump. The market looking slightly bearish since last week, many are concerned that Bitcoin may be bearish again. It may drop below $15k again. Most of those who try to invest in Bitcoin with such assumptions may face losses in Bitcoin. Bitcoin price has increased by 8.8 percent in the last 24 hours. Bitcoin is now trading at $29792 from $27357. Those who were in confusion now began to dream again. But only those who are committed to a goal will be able to achieve success with Bitcoin. |
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What do you think? Will the next Bitcoin happen in 2025? I feel it won't happen in 2025. If history repeats itself then it would be in 2026. It is a possibility that it can happens in 2024.
It is believed that Bitcoin will have a bull run in 2024, but this is not certain. Because the bull run will never come to us by informing someone. However, after reviewing various aspects of history, it can be assumed that Bull run could be organized at any time. According to Bitcoin's four-year cycle, we may see a bull market in 2024. If it doesn't happen then it is more likely to happen in 2025 or 2026. It may also happen before the specified time. Only strong BTC holders will be able to hold BTC until that desire moment. |
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there are quite few altcoins that actually contributes really, one of the most prominent contribute that is ethereum with their revolutionary blockchain that i could think of, I think overall it's just infested with so many meme coin basically shitcoin using animal name, which is kind of ridiculous but they've got their own category in which there are many that invests, i'd say, some of them are truly contributes, but many also just taking advantage.
I will agree with you in this regard. An investor will naturally break down when he falls for a scam by investing in top altcoins. In 2022, when Luna and FTX scammed investors, many investors lost their money and the image affected the entire crypto market. At that time there was a massive decline in investor confidence. However, there are still few altcoins that have created a positive environment in the market and will be able to create a good position in the future. In particular, the top 10 altcoin investments, including Ether and BNB, can be seen with great enthusiasm and excitement among investors. Everyone's financial situation is not the same, moreover, it is not possible for many to have the amount of money needed to invest in Bitcoin, so the top altcoins will provide a good support for those investors and obviously altcoins play an important role for the inclusion of those investors. |
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maybe June 2023 is the start of bullish, because according to the opinion or speculation of cryptocurrency analysts on Twitter,
on average, many say that 2024 Bitcoin will be bullish,
but the beginning of bullish has also been seen in several altcoins and also bitcoin itself, moreover $30k has been reached and now the price is corrected,
so I believe that in June the Bitcoin price can be above $30k.
There are various signs that the market will start turning green in the next few days. Investor confidence is increasing tremendously. They have started investing in various platforms. I can point to the banking situation of US Bank as a significant reason for this. The financial crisis has created a great deal of distrust in US banks. There customers have started withdrawing their money and some banks are facing deadly threats. Some banks have started planning to sell their shares. In my opinion basically investors are making an attempt to move their money to crypto platform which will be able to move the market to a better position. We should be able to see a good movement before next June. |
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Global conditions have prolonged Bitcoin's bearishness but gradually that situation has normalized. Investors' confidence has started to return again which has led to a major shift in market dynamics. Although no bullish movement was seen in the market, almost everyone knows that the market will be bullish in the future. While some predict 1 million about Bitcoin, there is a very reasonable prediction of $100k target which is very likely to happen. When someone high ranked officials in the financial sector is able to make such a prediction, it assure that it will happen. Moreover, Bitcoin started to become bullish a few days ago when there was a crisis of confidence in the US banking sector. As a result, it can be safely assumed that people's confidence in Bitcoin will continue to increase in the coming days and may reach new all-time high shortly.
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Many years ago, I heard the story of a man whose business partner did dirty. They were business partners for almost 5 years and the suddenly the business partner left with company's money. Even after several years, this man didn't recovered. He ended up sounding it as a warning to his kids never to go into business with anyone. The trust was destroyed and never recovered. This is just one of those sad stories.
On the other hand, there are many success stories of friends who went into business together and succeeded to together. If you have ever gone into business with a friend, what were your biggest concerns and how did work through it.
I think it happens almost all around us who plan a business and at some point it falls apart again. What I think is most important here is choosing friends in business. Although the behavior of friends may not be understood at first, you should determine in business those friends who are your most trusted. No relationship or business can survive if friends cannot trust each other. Moreover, there are certain rules of partnership business which are very important to pay attention. If the terms are well regulated there will be a solid foundation legally. Despite the various negative incidents, many people today have achieved great success in partnership business. |
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Base on one of my recent post titled"Common Money Mistakes Anyone Can Make"( https://bitcointalk.org/index.php?topic=5448160.msg62062701#msg62062701). One of the serious point there is SPENDING MORE THAN YOU EARN. I believe this should be discussed as a separate topic as it's a very crucial part of ones financial life. Spending more than you earn make ones keeps accumulating debt from expenditure before getting income. This isn't good for ones financial life. With this you hardly save money but keep accumulating debt. It’s better to avoid debt if you can. That way you’ll avoid paying interest on what you owe. Below are ways one can easily stop spending more than you earn: 👉👉 Create a Budget (or Improve Your Existing Budget)99% of the trouble that people have with money isn’t that there isn’t enough of it but that there is no plan for it once you actually get it. Your budget (either weekly or monthly) should consider your income and your expenditure. Guide your spendings for the week or month with the budget made. This might be hard at first, but having that extra cash in hand, definitely worth the effort. 👉👉 Use cash onlyShopping using card look more convenient and most time encourages you to buy unnecessary things even out of plans. I really observed I spend more money(even more than 20% of my salary) on airtime only any month I load airtime directly from my bank account through USSD. This is so convenient that immediately I exhausted my airtime when calling, I just dial the USSD code to get another. This doesn't help you financially. You get to stop. Knowing your Credit and Debit Card Number offhand isn't helpful for you. It makes you shop unnecessarily online. Using cash-only envelope budgeting system can help you minimize your spendings and sticks to budget. 👉👉 Shopping with a listThis is a lifesaver and a game changer. It’s so simple! Literally, all you have to do is write down what you need in the house that week. Make the list, and stick to it. If you only need to get chicken and vegetables and some pasta at the house for the week, there’s no reason for you to be going to the snack food section. It’s a trap! 👉👉 Control your grocery listHaving meal plan can help you minimize your monthly expenditure. This helps you to stop spending money unnecessarily on food without depriving yourself of your favorite treats. This will also help you to plan your week without any worries and give you the insight of all what you need from the store. 👉👉 Learn to say “no”Not all goods worth buying at the moment. Although ads may be tempting but one should learn to go off any unnecessary items. Reference: https://www.pnc.com/insights/personal-finance/save/how-to-stop-spending-money.html CONCLUSIONIt's good for one to satisfy his/her desire when making purchase of items but this shouldn't cause issues in ones lifestyle. The key to stop spending too much money is to create better money habits in your daily life. But I know that’s easier said than done. Putting one or all of these ideas into action, helps in building a healthy spending habit. Take control of your spending today and you’ll reap financial rewards for years to come. I agree on that if we spend less than what we earn we can creat savings, because we can save the money that is not used, maybe it is hard but if we are going to think about the future and we wanted to save maybe we can save a lot. Many people is suffering financial crisis because they don't save they buy unimportant things and they get a loan with interest, It seems very simple but in real life the importance of savings is immense. No man can reach his goal without saving. Savings is the only tool for fulfilling one's hopes and aspirations. Moreover, people who only earn money and spend it can end up in debt anyway and their lives can go through hardships. Every person needs to save by controlling the expenditure depending on his income. Even if your savings today is a simple amount, it can turn into a big asset in the future and you can realize your big dreams in a reliable investment of that savings. Controlling expenditure is a difficult task in the present day as inflation has risen but still considering the future one must be careful about saving money. |
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Today I was thinking about Bitcoin and where it will finally go up. And I came to the conclusion that I don't really understand what is the right thing to do with Bitcoin after it will "go to the moon".
So I wanted to ask you all, what are you planing to do with bitcoin when it will go to 70k, 80k etc. Are you planing to sell it or you will keep holding it?
If you will sell it, at what price are you planning to do it?
From a simple calculation of Bitcoin, we can get an idea of the upward trend of Bitcoin. After 21 million bitcoins no more bitcoins will be created. As a result, the price of Bitcoin will rise as a normal phenomenon. I plan to not sell bitcoin until it reaches the $100k target and I will try to hold it longer in the hope that it will be higher than my expectation. Every person has some big dreams which need to use big resources to fulfill them. I want to use Bitcoin to make my dreams come true and those big dreams cannot be fulfilled by any other assets except Bitcoin. |
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Though we have seen down trend of Bitcoin in this month, there is no major issue behind it. But it is simple that there will be some correction as the market grows rapidly. Moreover, the possibility of Bitcoin being bullish next year. According to that aspects, the price may be slightly go down, but it won't last long. Bitcoin will bounce back again. However, even if some expect the price of Bitcoin to reach $20k, but some experts say that will not be possible at that moment. The market will remain unchanged in April and a good upward trend can be seen from 1 May.
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The less riskier from Real Estate and cryptocurrency is Real Estate, but less risk,, less reward. The risk that come with the higher volatility of cryptocurrency makes the profit that can be gotten bigger. Will you go for less risk, or big profit?
Nowadays people like online world very much. Investing in Real Estate is less risky, but there will be no opportunity for the people of this age. If i just say about Real Estate business everyone can not do the same job which is also not possible. But if you talk about cryptocurrency it is very easy to invest there. Moreover, from the point of view of profit, cryptocurrency is suitable for investment. An investor is able to complete all his activities in online. But in physical business an investor has to face various hurdles whereas investing in cryptocurrency is not so much hassle. But a common thing for all business is the risk. If investors invest for a long time it will definitely be effective. |
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To all who like to Buy the DIP, and DCA. There's another Golden Opportunity coming, although it might not be as golden as low prices of November, but a good opportunity nonetheless.  ARE YOU READY? Yes, it is an opportunity though not so attractive as it was in November-22, with the price having dropped more than $3000 during the last week and currently trading at around $27,700. It appears as market may continue to experience sideways movement, and Bitcoin price may remain within a relatively low range for sometime until a break-up or break-downs occurs which usually happens after a period of sideways movement. Every significant dip should be considered an opportunity to accumulate Bitcoins for long term holding. The current condition of the market is going through a slight downtrend. Some investors may panicking around this current picture of the market. Those who believe in Bitcoin or who are Bitcoin holders they consider this picture as an opportunity. Maybe the market could go a little deeper but I'm focused on using DCA instead of looking it's negative sides. I will continue to buy bitcoins according to my ability and plan to set my mind with strong determination than before. I plan to increase my portfolio further based on the current situation and look forward to turning the current negative market trend into an opportunity. |
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I think main thing to do is to focus on things you need, not things you own. If you start accumulating things you want you will quickly lose your funds. But if you focus on necessary food and clothing you will realize most of things you buy is pretty much unnecessary. Its about consumption discipline. When I first started working I was spending lot more than what I was supposed to. It melted my funds so I couldn't buy enough Bitcoin to profit.
I agree with you. Basically, if we can't match our expenses with our income, we have no choice but to carry the debt burden. What we buy in our daily life Have you ever thought that we could have done without buying some things? We can be happy without some things. We can not feel these things immediately but when come to us we are unable to do something. In a practical life, we should all control everything. Especially in terms of cost. Once I spent a lot of money but I don't get it when I need it. So before spending, the income side should be well tuned. |
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Hello everyone!
What are your thoughts about this? Personally, I usually try to buy with stablecoins if I have some, it just feels more natural for me. I don't want to touch my BTC while the market is still bad.
I don't think paying with bitcoins has any effect for bitcoin holdings. Because the money I pay with bitcoins I can buy those bitcoins with fiat money if I want. But there may be some variation as volatility purpose. Many people emotionally say they don't want to pay with Bitcoin. But he can never invest bitcoins beyond his limitation. They must be spent every day to manage their life. Which you can't hold even if you want. So I see no problem in paying in bitcoins for what is outside my holdings. But if the market is in a down trend then paying in Bitcoin can be a matter of loss. At least if a payment provider feels it has nothing to lose he can pay in Bitcoin. |
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Someone ask me a question after introducing bitcoin to him, if he can start up with $30 and grow with it but I told him bitcoin is wide and high in volume, price and market, that's means whatever you're starting with determine the outcome of the market like for example; if you start with $30 and eventually the market goes up to a little increase of $32 can not be compared with someone who started same time with you, at the rate $100.
The cryptocurrency market has been bullish and bearish for a long time. Suppose you invested only $30 in a bearish market of $20,000 price and when the market reaches $40,000, you will make $30 and the person who invested $100 will make $100. How much will you profit if the market starts a bullish movement and rises to an all-time high like $100k per btc? If the market reach $100k you will profit $120 if you invest $30 and what will you do by this amount? Invest strongly in something where you can get good returns even after a long period of time. After waiting for a long time, if the money is not received as expected, it can lead to resentment towards the investment. In my perspective invest $30 in many cases not suitable for investment. |
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Emotion seems to be simple but it is very difficult to control. Every trader is a human they can be experienced or inexperienced, there is a place for emotions in everyone. It is difficult to understand when an experienced trader is trading on emotion. But if one is careless according to his situation then he must take a break otherwise there is a possibility of facing huge losses. Especially when a trader is in humanitarian distress, he should not take new entry in trading. It is the right time for a trader to trade when he is fully stress free.
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