I think managing money doesnt fully dependent on salary,because if you have habits like gambling or drinking then you cant even manage high salary and one can manage small salaries as well if he spend carefully.
Well i think it will be still depends in you how to manage it.. even you have habits like drinking or smoking it can not affect it a lot but in gambling it can be affect to you that can be trigger to deposit more and gamble again.. So its not a good idea.. its still good to save your salary from your partial salary in your job so that you can use them in the right time. Whatever makes you happy you have to do it, we will just live once so we have to live to the fullest as they say. However, it is not right to spend more than in our budget as there are things that we need to prioritize and that is our needs, our wants will just follow when there's an extra amount left and IMO drinking liquors and gambling is your wants so stick with the budget.. For me not all the time we need to consider our family we do not need to be happy just only our self, and most of the people are thinking for the future of our kids before our own happiness. That is why we need to manage our money to have savings for their future. actually if you were a parents,you don't need to be that prepared for your children,give them money for education and just daily money,they need to feel the struggle of living so they will grown with such strong to face problem Give what the kids need for them to grow healthy and educated, if you can fulfill their needs with the amount of money you are earning then it is just right to treat yourself sometimes to enjoy so that you will live a meaningful life in this world. |
|
|
|
I have a mediocre amount of money left over from my jobs, but it isn't anything special. A bit more than some of the responses I'm reading in this thread.
I live in the US so the cost of living is high, however jobs are equally valuable (typically), so there might be some good things coming from that. I wish I earned more on average, though.
That's everyone's dream to have a better income so we ca live a decent life, you are even lucky you are living in the US where pay is good and food are cheap. In my case, I still have money left from my job because my wife knows how to budget well for our daily expenses. I am receiving my salary semi monthly. |
|
|
|
Investing with your bitcoins is the best thing you can do becuase i know for sure wehn you are investing withthe bitcoin you will make allot of money you know
when the price is rising you only will make more money !!!
If you look at the track record of the bitcoin price. It rises all the time apart from the big bubble in 2013. This time is real, what we see on the performance of bitcoin is real so do not hesitate to invest with bitcoin this time as it is near to see that the all time high price of bitcoin will be surpass, if that will not happen this year, I am pretty sure it will happen by 2017. |
|
|
|
Whatever you're going to do, never borrow money from banks. That's probably the worst decision you can take. Try to do services to be paid like those you can find at Services, join a signature campaign and you'll be fine in a few days or weeks. Borrowing can go wrong.
Why? What is wrong with borrowing with banks? I think that is the most legitimate way so you will not make a debt of gratitude from any person, banks are legitimate business and if they will lend money it should come with a little interest. |
|
|
|
I'm not saying they are wrong, but I do want to address a problem with those claims:
Alarmists have been saying for centuries (no exaggeration) that technology will wipe out jobs and make it impossible to make a living. Each time, they have been wrong. Technology has lead to increased standards of living and more job creation. Yes, outdated jobs are destroyed, but they are replaced with new, often better paying, ones.
I'm inclined to agree with you, that the alarmist warnings about job destruction are overblown, but the trend is certainly real. Automation and technology reduces the need for human employment. The economy shifts and people find new industries, but this shift is not unlimited. There will not be new jobs simply because there are more unemployed people, there has to be economic need for the employment. Manufacturing jobs are decreasing, and the American economy has adapted with an increase in service jobs, but there is not an unlimited need for service jobs. I think you're saying that with lower than average employment participation rates in the American economy, even though the economy has largely "recovered" and continues to improve. With that said, I think the alarmist warning is overblown because this is a trend that, while accelerating, still takes decades to play out. We're not in danger of having massive unemployment on account of technology in the next 10 or 20 years, though it certainly gets incrementally worse as time goes on. I dont know why do you want to sell everything to gether i dont know why you want that because selling everything means that you cant hold some for later when the price of the bitcoin is going to rise allot you know! People sell bitcoins because they are on the profit side when they sell, at least most of them because they are times that when you are in desperate need of money you will be force to sell your bitcoins.. For me, as long as I still have money to spend for my daily expenses, I am not gonna sell my bitcoins as that will give me more profit as the value will grow overtime. |
|
|
|
I don't think anyone will prefer to buy if price falls back to $1 and if it goes that low then it will be surely an end of bitcoin and there would be no point in buying them at that stage.
Going back to $1 means the bad news is really heavy. No way bitcoin price will fall to $1 if there is no major bad news that will happen. Also why it doesn't have established a support when the price reached $400 , $300 or $100 and really goes down to $1? That is the end of bitcoin if that will happened. No way it will gain trust again after the established progress today of bitcoin. Yes if that fall that low in future then it will loose all the trust from the community and it would be almost impossible to bounce back and I think that would be an end of bitcoins. That is true. If the bitcoin stays below $300 for the next few months, then people will select another good coin. Well, you have to wait forever cause that's not gonna happen, bitcoin is on its way to progress now and the price is going to $700 so that is about almost half of price fall back and I think it will not happen now or even in the future. |
|
|
|
By 2020, I think it bitcoin users all over the world would not even reach 6% of the world's population. At the current rate of new sign ups and new people introduced to bitcoin everyday, only 2-5% of the world's population will use bitcoin by that time since there aren't that much ads that promotes bitcoin on television. It is also possible to go higher than that though depending on everyone's interest on bitcoin.
Good projection, at least we have to increase so the price will also soar, although we cannot really determine the total number of users but we can feel it, and what I feel now is that we are increasing constantly and that is a good sign for success. |
|
|
|
I dont think that there is such a thing that is better because i know for sure that the bitcoin will not last for ever and i know that th eprice of the gold will always hold almost the same and that is nice for a long hold you know !
You are wrong... Gold and bitcoin are both good although you say that it will not last and of course as this world will not last forever. Think of it, as long as we are alive and this two are a good investments then we take the opportunity to invest and enjoy temporary profits in can give us. |
|
|
|
It is sure that future money will be digitalizedone but there is no assurity that blockchain concept will be used unless everyone is literate enough to understand just a hint of what they are handling.
No way blockchain will be use, we are talking here of the entire human race, there's a big question on who will represent for bitcoin and how the government will ensure that system of bitcoin to comply with the laws of the state, I think that is not possible. |
|
|
|
Bitcoin is freedom from banks. It also provides some freedom from government control of our money and what we do with out money.
This is true we can get money from it by with small fee everywhere in the world and by money you have fee on amount you send When this is realized by all who mostly travel or spend money on vocation or even do business trip that you can save in bitcoin a lot imagine how will that influence the crypto world I hope that we will have more users join in next few years We will definitely gonna have more people to come in in the future, bitcoin is getting popular and people are thinking they can make good investment and this stage so they come in and invest, and it was just incidental to the purpose that they discover more opportunities here aside from investment. |
|
|
|
hello, I would like to try my luck from gambling.
what kind of gambling that you think is easy to make a profit? and what strategies are you using?
There is no easy way to make a profit by gambling. There are no shortcuts....Those who gamble professionally put in a lot of time studying and gaining experience. In fact, many of those found around feature tables in poker tournaments have degrees in math intensive majors such as engineering....It's possible to realize a profit gambling, but it's not an easy task. It's just like any other profession which requires study and experience.... That's why it is called the riskiest game because there's no easy way, and most of the people here share their experience that they think that gambling is easy but their record does not speak for themselves, they are losing like me, so it is really hard. |
|
|
|
Yes it would and cannot be replaced. We all knew that bitcoin is the base of all other crypto currencies that are on the market right now. It is the father of every altcoin as it is the first one and it is the most popular. I also think that some altcoin will not surpass it. Yeah, still possibke but as of this time it is not. Maybe we just have to wait for a century for it to happen.
And as a father as you said, whatever the performance of bitcoin, the altcoins will also be affected. Take it for example just today, the price of bitcoin is increasing and look at ETH, it is also falling, so there's really a relationship.. When bitcoin is progressive, alts will fall so it cannot be replace when bitcoin continue to perform well. |
|
|
|
I am playing from a long time and trying to make good profit for me, i am using simple strategy to play on gambling site never goes out of my limit because i had a bitter from my past experience by using martingale because nothing is guaranteed into the gambling world.
Actually that method can work but not in all type of games, if you are playing dice using martingale method then I am sure you will lose more if you do more. In sports betting that is applicable and I have tried that in my own, good result actually for me. |
|
|
|
Yes it is because there is no a permanent pattern on its pumping time or when it is a good time to buy. You must not let your emotions get over to you or else you will end losing. You must accept your mistake when you make a wrong move in trading.
I agree there is no pattern, especially in altcoin trading. All this data reading and chart presentation are just reference but does not give you the next result of the coin price. This is even made difficult by people who is known as whales becuause they are the one manipulationg the trading of the coin. with a precision of reading charts and also the focus will make us successful. even in all the work, it is very important. focus, with that we can produce something in accordance with our wishes. You are right iqlimasyadiqa, not just with trading is unpredictable job but all types of job. They are able to have the same issues and with trading. It is necessary that you are going to always check the charts and updates of different types of alt coins that you bought or you want to bought. But out of that losses it can lead you to become a professional trader someday. What other jobs are your referring dude, I think trading is the best example for an unpredictable job because we are predicting the price of bitcoin or any asset to make money, and since it is unpredictable we do not make easy with this job but as long as we profit in the end, it would be fine. |
|
|
|
The only way to get that much is if you start with a lot of money. How much are you starting with?
Well it is very hard to determine on how much you are going to start an investment in able to get that goal to get 1,000 bitcoin. I think that would take a lot of effort and time in able to get that goal. And there are some philosophers here and scientist that will suggest to look for a time machine. So that you are able to buy bitcoins at lowest price. it's very simple mate, if you cannot determine how much you need to invest to get your target profit then you will not be able to succeed on that. In investing planning is the most important thing to consider and our plan should be specific and relevant enough to achieve our goal. |
|
|
|
Spend about 10% of my main salary. Bitcoin become alternate currency which make my life get better than before I knew bitcoin.
So for now, I have multipler investment like gold, dollar , and bitcoin at the moment
This is what I am doing, putting some portion of my main salary into investing with bitcoins and so far that is a very effective investment. But I don't exact percentage on how much I am putting with the portion of my salary. As long as I have spare money, I am doing it. But putting all my money in bitcoin? Well I'm a bit doubtful about it. Great way of making money in the future, as long as you do not put all your money in bitcoin that is acceptable and exciting, in the sense that you will be able to make good income as the price of bitcoin is increasing but never trust 100% as price will also fall back so it is just right to put the right amount. |
|
|
|
In one of the topics I read "If bitcoin will reach $10.000, fiat currency has become worthless"
Do you agree with this statement?
if bitcoin price even cross $20.000 but fiat can't be worthless because the reason behind this is that everyone here only earning btc for fiat ( bank money) . so it can be happening that at a small time interval people buy bitcoin for fiat but they can't leave fiat in the present time . Wouldn't that just make bitcoin a commodity like gold/silver? This would be simply at investment status. Which is great for people who invest, but as a daily currency I wouldn't think of it like that. No, the real purpose will be defeated if we will not use bitcoin as our investment, it was actually created for investment so we have to treat it that way, it was just now at the early stage it can be an investment as well but that would not last when the price will be stable. |
|
|
|
Each time you save, a portion of it should be invested. That is if you have already an emergency fund on standby. Better to have emergency funds with 3 to 6 months worth of monthly expenses to cover for things that might come up or for when you suddenly lose your regular source of income. After this, one can choose different types of investments that suit their needs, risk appetite and time frame.
That's it, you need to carefully allocate for your emergency fund as you will not know what will happen in the future, it is better to be prepared that neglect the possibilities, everyone should start saving now, does not matter if we can save fast but it is still good to start slowly as long as we can save. |
|
|
|
If I was in desperate need I'd work 7 days a week, 12 hours a day, and do all sorts of questionable shit. Including those random medical tests.
That is just alright as long as you can still sleep 8 hours a day, and you have time for your self. I know that is not balance but you are making money so that's it. Always remember to take care of our help so we can still continue to make money with a good health. |
|
|
|
If I was rich I was playing games which is related to gambling. Gambling is good way of making profit if you take it seriously and don't jump at once to grab all the money available on any site. In gambling key is easy and calm win the game or making profit. I was still playing even much more bigger bets than I am doing right now.
I am sure you addicted, sorry to say that. Because suppose you had 1 million dollars and a lot more maybe then why you need to make profits from gambling only ? I am sure you feel for gambling all the time, anyways I would never gamble had I been rich enough to live my life. With 1 million dollars you do not need to play for the house, but you build a house for you if you know what I mean. Building a casino, and online casino is very profitable and with the big amount you have mentioned, you can already build an sports casino with variety of games to attract gamblers and you are making money all the time. |
|
|
|
|
Show Posts
