If the OP could pull it off as per the title of this thread, and have a decent job that pays well worth it. then do it, at least it's better than you wasting it. let's reflect for a moment, around us, there are many people who are not well off. even to meet their standard of living, they have to look for additional work. since post-covid, the Russia-Ukraine conflict, its impact on the economy has been felt in all sectors. it's hard to find a job, even if there is one, the salary we get is below the minimum wage.
In other parts of the world, there are still many hungry people. don't save, just to get food today, it's very difficult for those who are lacking. so, share those of you who still have decent jobs.
If saving is good for you, then do it. but before that, you must have a plan and know what you are saving for. at least, you have a goal to save. By the way, in life, sometimes things come unexpectedly. good and bad in life, is a cyclical process that everyone can experience.
Yes, and during those "bad times" you might need what you've saved, no doubt about it. But even if you'll never need to spend those saved money, it's a good habit to not spend all you earn at once. Realizing that you can actually live with smaller amount makes you less dependent on your current salary, and one day you may consider moving for a less paying job but less exhausting too. We need that move sometimes to have more time to spend with our family, to learn new things etc. Indeed. Your point is an excellent example of life-work balance. Saving is a beneficial habit for anyone, especially for those with a long term goal. We work to live and work for life, not vice versa. Sometimes we need to make choices over making less money/working less hours for spending more time with family or simply for yourself. Nowadays not many people can calm down and rethink about life and our most valuable time. I have always been a hard worker but known this clearly that life is larger than work. You'll missed your child getting bigger which is true because of we keep chasing the money we forgot to have time in our family but again we do the hardwork for our family we work hard just to make their life comfortable even we keep sacrificing our time for them. Even my self if i do have a high salary right now i prefer to be with my family but the opportunity is not possible because i need to do a side hustle just to give them what they want but even i work hard it is still not enough. We really need to sacrifice things even we dont want to as we prefer struggling than they are struggling |
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I am not even close to retirement but is it better to have it early right? I really dont know well about retirement but if you move it for few years then it think it is inefficient to the worker as he is too old to do the task and i dont really see a reason moving it to +2 years and i think all of us aiming for early retirement as we know that we will be receiving pension closed to what we earned monthly but still this depends on the government or private sector as other will really force you to retire without pension due to other circumstances but i dont like have additional on retirement age
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I really dont understand it but my thought was if you give more youll received more ,so it is not spending though but if this is really what you mean it doesn't mean that youll give everything, just give what you can afford and also it should be open to heart. It also doesn't mean that if you give it youll expect a return as that doesn't work at all. I dont know of this was really believed here but we practice this not because we are expecting blessings but only to help people as we know that they needed help and if the time comes that we needed helpe they will help us also
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Get a job, at the very least, or add another source of income. If you don't have extra cash to risk on a highly volatile asset, you can't just buy bitcoin. In addition, exercise discipline in all financial decisions, just as you would in any other area of the market for investments. And more importantly, improve your security and privacy to protect your hard earned money.
That is how you stay in the long run.
You should have a stable income in the first place if you wish to invest and stay long term with bitcoin knowing bitcoin will never guarantee as a source of living. And it’s price will always be unpredictable so if you are just here for quick profits, I should say that it won’t work in bitcoin. Also, investing in bitcoin also has a high risk and if you are not ready to lose, it’s best not to invest in bitcoin and focus on real in demand businesses offline. True. You will never be successful in one’s investment if you don’t have a stable source of income that will support your investment, as borrowing or taking a loan is a very bad idea especially for beginners who have less knowledge and no experience at all. And when you decide to invest, never think how to make profits but always think on how to stay long on your investment. That is way better than to expect real quick profits and end up disappointed and regretting. there are also instances that they need to because they don't have enough money to invest though it is not good practice to take out a loan for investment as long as you can pay it and know the consequences which you reall think of it then take it but so long that you know you are investing for and you know the risk on it and how to prevent losing it but if you can save then it is better but this will take time |
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Previously, various social media were used for entertainment or communication with each other, now social media is the only means of livelihood for many people. And many are gaining a lot of popularity in different social media and they are earning huge amount of money every month. There was no payment system on Facebook before but now with the introduction of payment system on Facebook, many content creators are introducing themselves in a new way.
Not only Facebook, YouTube, Tik Tok, Instagram, etc. are popular social media nowadays, people are making money easily. Different content creators are uploading different types of content and by uploading that content they are gaining huge popularity on social media.
they immediately got a celebrity just because of social media which is also a good thing because it helps a lot of people though we've seen the negative aspects on it like there are more fake news , also the content of the video are not child friend or not good but still it helps other people financially, also the old method of advertising are not really working right now as you need to transition online to better known your business, there are a lot of things change this because of the pandemic came. |
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Ive been playing with their casino and I enjoy most of their perks and rewards, seems like even the other casino make an adjustment the same way or find a more effective way of marketing strategies besides this because they know that these rewards have a good way of earning and profit to them to get more players for sure they will not reduce those instead they will add more perks to the players. In that case I guess if the player does not on it too much like being dependent its not really a big deal but well its add some spices for the game.
So they are just having new marketing strategies? like diversifying their bonuses, unlike before, when they were only saturated with new users and first-time deposits to attract new gamblers. This is really something new, which for sure all of the casinos will follow, and that is really good as they are now looking at their current users, unlike before, when we only noticed their banners were mostly about new users. |
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How do you know a good investors?
* they're futuristic
* they're planners
* they're financial manager
* they're risk managers
* they're projected
That's how to know a good investors of bitcoin who do not see challenges but the possibilities of making their future work.
Bitcoin is a good assets to invest on but it's also has it own risk which you must learn.
OP you will find very few people with all the qualities you mentioned. Considering all these qualities a person cannot be considered as an ideal investor. A person is considered as an ideal investor only when patience works in a person. We can consider a person as an ideal investor who can be patient after investing in the moment when market volatility starts. So patience is the biggest quality to become an ideal investor. As long as you are knowledgeable, you are still a good investor. I mean, there are no real qualities of a good investor because we have always been through a lot of things that make us bad, like starting out, you are not patient, you thought ponzi was the only way to invest, and so on, which make us bad investors, but as long as we learn from them, it is good. You'll learn those things, and in the long run, you are now a good investor as you know what you are doing and are knowledgeable about it. |
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I agree that the Americans are not in the best country for medical services, because the cost of medical tourism is high, and they would probably find the best doctors to treat the patients. Because the cost of health and the cost of physical health is high, people will definitely go to their country for cheap, and their costs would be so much lower. The cost of living is high, but we don't think that most people would use medicine for this, because they will be able to afford it in the end.
I disagree - Americans are in the best country but they go through the natural process - for example in our country if there is any delivery case they would go for c section in 4/5 hours but in states they would wait for whole 2 days to for the normal delivery do you lived in US? most of the news I've heard is that they are really fast in actioning those things like giving birth or any emergencies but the only problem is that it is very expensive that even the middle class people cant afford it which is why they venture to other countries but again those cases like giving birth is that they don't have a choice that is why they save a lot of money just for giving birth even it is a normal delivery. |
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I just also noticed that they had already missed the train. I think I can't blame those other people who say they are late because their mindset was about comparing the price before and they weren't looking at the current price. Let's say if they invested 5 years ago, they would have already gained more profit than investing now. The point is that they are seeing how they can get more profit, which they missed out on because of the current opportunity.
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This actually should be common sense, keeping record of business helps massively, but unfortunately so many people out there, more over the small business don't really know the importance of keeping the record, that's why sometimes they have hard time filling taxes, and therefore sometimes got penalty, there are many accounting app out there that even someone that don't have much knowledge in accounting could use, even if it's business that directly deal with customers the ins and outs usually already accounted automatically if they used such apps like payment apps, so I don't think there's any reason to not keep the records of the business. moreover this data might also helps for finding potential investors for expanding the business.
The only solution really is for those people who really don't know or have no knowledge of it to invest in POS mostly in stores because they don't have to do the dirty work as they only check the dashboard and see the summary of all that is why here in our country, even though we are in a third-world country, the government is pushing everyone into digitalization because the tax department realizes that there are some stores that really don't have a track record of their businesses, as well as other businesses that are declaring only small value, which is why they only pay small taxes. |
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This is really huge. What I've worried about is those under 18 who are into gambling and would be prone to addictions, which means they would commit crimes or steal some money. As I've also noticed how rampantly the influencers in social media are posting this, and what I've worried about is that those influencers are showing that it is easy to win on those platforms, like just betting this and for sure you'll win. Someone also approached me, my cousin, who is under age, asking about money that he will pay back once he wins on that specific platform, and I am really worried about him.
No need to worry, even your cousin accept the offer and give his money to that scammer, your cousin will learn about fake investment and it should be a good lesson for him to not trust any stranger. Well there's no way to verify if the gambler is underage as long as he's not submit his KYC and there's a chance if he use another person KYC who's older than him e.g. brother, uncle, father etc. He definitely use his mothers ID when doing KYC on some gambling platforms but lucky to him he listen on my advice not to invest those platform as I've heard yesterday that gambling casino that was really promoted by the local influencer said that they got closed and lock withdrawals also there are incidents that because they connect their online wallet to the casino their funds got transferred though it is not 100% confirm that the casino do it but they said that it is the only platform they used recently. |
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Thats your strategy and the thing that you arent learning while you are losing , it should be per losses you'll able to know the reason why its a loss, why it goes the other way, reflect on it because it doesn't mean you win or loss in the entry you dont care at all , you should know where on your strategy makes it loss. Basically you just need to improve your strategy as well as understand what the market is giving you like if it is sideways and you strategy is on uptrend so really you'll be losing .
Perhaps, it was like capturing the errors and seeing where we become wrong. But of course, it was not just seeing our mistakes but also considering those things that we earn a profit from and seeing what ways we're doing. It is about comparing all the things we've done and the results as well. This will absolutely help us and give us ideas about what are the things we need to change and what are the things we need to sustain. But above all, we must also learn how to adjust and correct our mistakes - if that is because of our emotions, then must have to carry them out and control them, otherwise, we can't expect success. You'll learn for sure in the long run to control your emotions. I mean, even when I am starting out to trade, I always have a hard time controlling my patience. Even if I have to follow my strategy based on my confirmation before making an entry, I sometimes take the trade because I am scared of missing out on more profit, but it turns out I lose because I didn't wait for other confirmations. Over time, when you learn from your losses, you'll be able to control them. Like now, I always follow my confirmation before hitting an entry. |
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Well, my mother taught me to work for myself and the same goes for the female members of the family. We do not depend on anyone else to be "rich"... because that puts a hook in you. There are no guarantee that "money" will bring you happiness, so people should rather get married for "love" and then work hard together to build wealth. It is so sad that people are becoming so materialistic and that "money" becomes so important in people's lives.... just enjoy life with someone you love.  That is why other females marry an old, rich man so that they become rich and can inherit all of the things that the old man owned. Those kinds of people are really desperate in life, for sure. Even in our family, we thought to work hard and make yourself rich, not find rich people, because for sure, if you are just after money, life is very frustrating. Yes, you do have money, but you don't love your husband or wife. This mindset is very common now although this is not right to have this approach to life and to start a new chapter just on basis of money is totally wrong . You can marry a rich person but you have to spend life with a person not with his monet or bank balance , yes money is important for survival but not that important to leave everything aside for this . Money is really important for survival, which is why, as part of their survival, they will marry rich men or women to ease their lives. This was really rampant before in our country, and now they go into online dating sites to find foreigners that will marry them. This is really the sad truth, as they are really desperate, but again, because of the money they need to do it, mostly now that it is very difficult to find a job as well as earn money, and all of the foods and stuff are very expensive. |
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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?
I am sorry to hear about the financial difficulties you and your family are going through due to high cost of living. The economic crisis is a global issue now, and there are many factors those contribute to it, including rising inflation and political instability due to many ongoing regional conflicts in various parts of the world. I would suggest you to consider taking more than one job to increase your earnings. Consulting with a financial advisor could also be helpful in developing a long term plan to address your needs and goals. is it having financial advisor is expensive? this is really my impression that you need to be rich like a lot of money as it is additional expenses to us so like us wouldn't be having this because it is extra expenses and i will just prefer to learn online how to like budget or save, though if there are free once then i would be having that one . Also having a side job is really good but you need to sacrifice something like your time or sleep because you need to do your side job |
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Well, my mother taught me to work for myself and the same goes for the female members of the family. We do not depend on anyone else to be "rich"... because that puts a hook in you. There are no guarantee that "money" will bring you happiness, so people should rather get married for "love" and then work hard together to build wealth. It is so sad that people are becoming so materialistic and that "money" becomes so important in people's lives.... just enjoy life with someone you love. That is why other females marry an old, rich man so that they become rich and can inherit all of the things that the old man owned. Those kinds of people are really desperate in life, for sure. Even in our family, we thought to work hard and make yourself rich, not find rich people, because for sure, if you are just after money, life is very frustrating. Yes, you do have money, but you don't love your husband or wife. |
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@Op
Bitcoin investment during student life is very challenging. Because in the life where students are busy with studies, you are also busy with bitcoins. But it is better to keep some of your savings in Bitcoin because Bitcoin will help you to save money and Bitcoin investment will give you returns. Although we have a long bull run ahead of us, now is the perfect time to invest in Bitcoin (because I still wonder why people don't invest in Bitcoin). Although we have been going through a bear market for quite some time now it is a good time to invest, as Bitcoin price was around 31k a few days ago. I finally want to say that in this student life you have introduced good challenging by investing in Bitcoin.
It is really a good start for him, and we know that it is challenging while studying while at the same time learning bitcoin, but he still pursues it. I do have a lot of online friends that do this while they are still studying; they are investing in crypto or doing trading, and I would say that before, like, 5 years ago, those online friends of mine used bitcoin to really help them; they bought cars even though they were students, bought a house, and mostly it helped pay their own tuition. |
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To generate money, I believe investing in Bitcoin must be a secondary source of income, or at the very least something you do when you have extra cash. You must concentrate on a source of passive income, such as a regular employment or business. HODLing is essential since investing in Bitcoin is risky and volatile but it pays off handsomely over the long run.
Others made Bitcoin as their primary income like trading and also they are holding but it is risky as it is very volatile that is why others are still working and at the same time they are investing their extra money from salary on bitcoin. Others was also transitioning from saving money from piggy bank or depositing money on banks they will now be buying bitcoin as the profit is very high and they took the risk of holding it in the long run. Though holding is very difficult if you cant control your emotions that is why you need to have to control your greed and emotions so that you will not bail out. Making investment or trading bitcoin as the main source of income is a very risky thing. Because in investing we have to be able to hold on for a long time, and when we hold on to our assets, of course we have to meet our daily needs. As for trading, we all know that trading is something that carries a very high risk of losing, we cannot expect to make a profit every time we trade, because it will affect our emotions. So for me having a job and steady income is a must, we can use investment or trading as additional income, it's safe for our finances. Even my self i dont want to go full time on trading but who knows if i do have a proven track record for 2 years in trading then that's a good chance but for now you are going up and down so you need to have stable income. I think there are professional traders that are fulltime on it and also their entry are not small amount its always huge that is why they gain huge profit as well as loses. |
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I think salaried job is better than commission job. There are more opportunities here. There are many benefits in the job, the benefits of the job are their security responsibility, the workload is somewhat less, retirement benefits are available. In case of commission jobs, the salary is high but the workload is high. Minimum protection in house rent for low salaried masses has been simplified and simplified in traveling allowance. Recreational leave is available but the pay is low but there is a lot of peace.
Your preference is what you think is a good one. Those people that are in the commissioned jobs will say that the best job is the commission basis job because they're earning more than the salary man if they're on their peak season or if they're more hardworking. I also like job security but there's also some enticing moments in the commission type of jobs. That's why you do you and what you prefer in terms of these type of jobs. I have also relatives that likes the commission based job because they can say that they are having side hustle while doing their jobs, which is really true that they are earning bigger than their salary which most of those commission job has a quota to reach , even one of my relative has a higher earned money through commission comparing to a employee from a government which has been stable for a month , but again there really a time that will come that it is difficult to got the quota but still you'll have a salary on it. Both are still considered good as long as you are earning with it, the only thing I am concern about commission based job is that most of the times it relies on season to season, since there are ordinary times in which you will have a hard time getting sales to reach the quota for bigger commission. Unlike commission, salary based jobs are often times called lazy even the OP has stated it but it has the benefit that you will still earn every 15 or 30 per month. As what I have understood by both jobs since I have tried both, no sales = no quota = no commission/salary. Although salary based jobs are also categorized as time consuming jobs, I'd prefer stable source of income compared to unsure income specially if you have family to feed and bills to pay. I do prefer salary based to as i dont have experience on commission based job but salary based job are not lazy it is just you have secured salary by the end of the month no matter you are not busy that month or your too busy because that is a stable income and most of us really wants this because we do have family to feed, though commission based job really sometimes if in season they have more salary than us as they have a ton of sales. |
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I don't know what country this is in, but it seems the same in my country, where if you are just relying on your salary (unless you have a huge salary), like me, you can't really purchase a car or even a house. That is really the sad truth, and even my parents are struggling, and I don't have anything to inherit from them as even they don't have a house or land. Also, no one gets rich from working 8 a.m.–5 p.m., which is why others venture into business to try their luck. Even though I do have a full-time job as well as side hustles, I still struggle.
That's really unfortunate and I feel for you. It's great that you are trying to find other avenues to make money to improve your life, as it's certainly not easy to live on just a salary, especially these days. It's amazing what creative solutions people can come up with to make ends meet, and I'm sure you'll figure out a way to make it work! Best of luck! I am still stuck on my 8 a.m.–5 p.m. job, though it is somewhat temporary. I am very attached to my current job, and I can't resign. I am also trying to find a new job right now through the internet, but I think I am out of luck. I also can't resign immediately right now as I do have a family to feed. I hope that in the next few months or, let's say, a few years, I can find the job that I am really looking for, as it is very tiring to keep jumping into different jobs. |
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Covid certainly made a big impact, especially in income, I left my office job in 2017 and actively traded in the market, I sold chicken and sea fish and during Covid I couldn't sell, but I only relied on selling online by utilizing social media such as Twitter , telegram groups and so on.
Online stores are also the peak that time and delivering it on their doors steps but that is really risky which still people are doing it before because they cant much do anything on it if they dont sell they dont have food. I also lost my job that time which is an office job and later on found a remote job which again lost because of the covid. A lot of ups and downs that time but still we continue to live even struggling that is life , just dont be lazy continue your hard work you'll get a pay on it later on The shock of covid-19 is not to be forgotten. At that time, many people were forced to quit their jobs. Due to the onslaught of covid 19, the supply of goods across the world has come to a standstill. Despite the availability of products, the supply was not possible because the head of state of every state declared a ban on going out except for urgent work due to the fear of covid 19. As a result, many people become unemployed. Due to the prolonged shutdown of operations, the economy suffered a major collapse. In this, people with low incomes have to fall into famine. Now the whole world is largely free from economic crisis. By God's grace I did not lose my job at that time. But the famine has to be suffered. It is of utmost importance that we remain vigilant so that covid-19 does not strike again. The poor sector really suffer to the point that they are just going to the side of the road asking money to those passerby so that they have something to eat, that is really the sad to hear before people struggling and a lot of people died that time. Also even though our health department announced that it is the end of covid in our country we are still using mask and doing some social distancing because we know that there are still covid there and we dont want to get that virus. |
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