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141  Economy / Trading Discussion / Re: What do you think about stopping crypto trading or stock trading on Twitter? on: August 05, 2023, 03:56:29 PM
I have no idea what kind of whale alert you are talking about but if you have the username of whoever you are following that send such signal as you are asking, you can send a pm to the user who may probably know better. But what I know is twitter is not usually the trading platform for that, maybe a user chooses to send out signal to followers. Reddit is more active in trading signals from what I observe.
142  Economy / Economics / Re: What's the effect of having plenty children to the national economy of a country on: August 05, 2023, 02:57:53 PM

However, if these children were born from a well off family and for sure they will get good education, then they can be assets to the country especially in promoting growth and prosperity of a country’s economy.

This is not in every situation. There have been children from average or poor homes who have done well in their endeavors, it depends on the support and help that the government give to her citizens. Like some government give scholarships to students that covers their education to whatever level they choose to and that makes the student freely choose a discipline of their choice and they do well to contribute to the government of their country. This is especially if the scholarship is for the less privileged in the society.
143  Economy / Trading Discussion / Re: Day trading is perfect work for jobless peoples on: August 04, 2023, 03:45:32 PM

If you do not work and start trading to earn a living, then trading will become your robot. To start trading and do nothing else, you need to devote a lot of time to this business. Everyone wants to stop working for the boss and start trading, but not everyone can do it, because it's not easy. What will you do if you lose money once or twice or three times. After all, do not forget that trading is a very risky business.

Your success rate in trading does not depend on how much time that you put on it. You need such time when you are just starting as a newbie because you are new to everything you are seeing and you need to know how to navigate through it but if you have mastered the act, you only need to watch your trade, analyse your chart and know what trade decision to take. A newbie need such time but not an experienced trader. However, to rely on only trading for a living is going to put pressure on you.
144  Other / Beginners & Help / Re: Scammers are getting innovative. on: August 04, 2023, 02:27:36 PM

i was still connected with that guy in voice call and he was constantly pushing me to do the work fast.


This is a line for all those who want to avoid being scammed should look at. A scammer will always give you something to suspect them with. They will urge you to go fast in whatever they want to play you on because they know a smart person may discover or sniff something when they go slow. So be watchful when dealing with some guy online and he is asking you to jump right in fast and start riding with them. I think they are either going away from asking for money first but to offer it and then want to work their way through getting you to it.

It's not easy to be smarter than those guys. They will always perfect their scam before bringing it out to people. That is why we need to be extra careful when dealing with any online investment.

You can take it to the bank, it is just a sure prove that you have to look out for and get alerted when in such situation. A scammer must try to make you do whatever he is asking you to do very fast because if you take your time then you are likely to get what trick he wants to play on you and this is common with online scammers. So no matter how smart a scammer is, you are likely to distort his game when you slow him down.



Agreed,  I have watched several YouTube videos of guys trying to scam others ,and one thing I have noticed is that they put you under pressure so that you don't think straight and will do as told...before your senses are back the damage is done.

That is the trick. Put pressure on the victim and make him act fast and before you know it, you are already losing out and can't retrieve the mistake made. Most times the pressure appears to you like if you don't provide information sort for, you will be losing out on the business deal. Those are just the trick, take your time because a genuine business transactions wants you to take your time, think over it and be careful not to make mistakes so that the business will go through. If they are forcing you or pressure and threat then becareful on it.
145  Other / Beginners & Help / Re: Scammers are getting innovative. on: August 03, 2023, 03:51:41 PM

i was still connected with that guy in voice call and he was constantly pushing me to do the work fast.


This is a line for all those who want to avoid being scammed should look at. A scammer will always give you something to suspect them with. They will urge you to go fast in whatever they want to play you on because they know a smart person may discover or sniff something when they go slow. So be watchful when dealing with some guy online and he is asking you to jump right in fast and start riding with them. I think they are either going away from asking for money first but to offer it and then want to work their way through getting you to it.
146  Economy / Trading Discussion / Re: ~If you must trade~ on: August 03, 2023, 02:56:51 PM

which do you think should be handled with more caution and between the two which has higher chances of helping a trader have at least 70% of total control of their profit cycle.

This is the focus of your post. To go direct into it, emotion is what makes your trade or mares it. Emotion can be good in the sense that sometimes when you listen to it and follow what it pushes you to, it helps you. Emotion can be bad if you follow it and take a bad decision. So it can be helpful and destructive. Therefore, to narrow it down to patients, if it is good then it acts on your patient in that same good way and if it is bad it also have bad effect on the patient. It means sometimes applying patient could be good at times and bad at times. For example on bad patients, you could be having patient for your losses to return into profit instead of stopping your trade but the patient will eventually lead you to lose all.
147  Economy / Economics / Re: What's the effect of having plenty children to the national economy of a country on: August 03, 2023, 02:22:28 PM
But the warning is to bring the number of kids that you can take care of with government assistance or support.

What level of support can government give that will make couple bring in children into the world that they can not take care of. Most government only subsidize education to a certain level especially tuition fees and that's all, some provide some books but most are left in libraries. I don't think that couples should keep their eyes on what government will support parents with to have themselves behave irresponsible to have kids to can't properly train for them to help the family and contribute to nationhood.
148  Economy / Economics / Re: What's the effect of having plenty children to the national economy of a country on: August 02, 2023, 09:48:00 PM
.

it should start with aggressively educating its citizens on the need for family planning, as well as the importance of skill acquisition. An idle society could quickly become a crime ridden society, also adding to the negative effects to a country’s economy and growth.

It is a very big challenge for countries and its government to be able to take care of her population. For proper planning, the government need to show a good road map for the country and what population is estimated in the future year so that they would be able to have adequate budget and planning. There should be effort by the government to ensure that they have an engaged population because a large population without measurable productivity is going to have adverse effects on the economy as some would form different vices including terrorism and that will disstablize the government.
149  Economy / Economics / Re: What's the effect of having plenty children to the national economy of a country on: August 02, 2023, 07:43:45 PM

You know, I see it a little differently. In the fifteenth century, people hardly knew about all the methods of contraception, and it was because of this that they had children quite often.
But in our time, those people who can give their children a full-fledged education must afford to have many children, so that later the children acquire skills that benefit not only themselves but also the country.


I don't really think the lack of publicity of the contraceptives we know today was the reason that parents were giving birth to plenty children back then in history, I think they would have known other traditional means for a woman to avoid being pregnant. I think giving birth to numerous children then was intentional and deliberate and to support that is that men married more than one wife. In fact, in some cases the man married 4-7 wives and the purpose was for procreation, to have children who would help in farm work, defense in an enemy attack. Back then that was the story not that they perhaps didn't know about some traditional contraceptives but this current era, the story is totally changed. The reality is that the economic crunch has made people now nucleated from the extended family system. Couples now adjust their income to take care of few children to give them better t education, training and opportunity for better placing in the society and country at large.
150  Economy / Economics / Re: What's the effect of having plenty children to the national economy of a country on: August 02, 2023, 04:06:04 PM

If the citizen are educated and don't mind to get paid with minimum or low salary, it will make the national economy increase since they don't mind about the money, they're want to become loyal for the country.

This will not matter much because it is just a few sample of opinion. If few people say they want low pay what about the larger majority? So I think more holistic reality of the effect of such is what will matter and not a small sample of people.


Now if you observe well, the number of people are increasing on daily basis and researchers are on look out for economic crisis that may hit the world if the population is not control. If there is economic crisis now, it is unwise to have plenty children that you won't be able to cater for.

Are you of the view that increased population is going to cause economic crisis instead of helping the economy grow? What about the the increased production that is likely to bring increase food to feed more people? What about the growth in technology that is helping more economy in export of technological products like cars, electronics etc to mention few.
151  Economy / Economics / Re: Population: Economic strength or weakness on: August 01, 2023, 08:22:33 PM
Since I went to school and was taught about economics, I concluded that too large a population is a serious problem for the economy, but after many countries reported population shortages because many people did not want to have children, it now creates a more complicated problem, many places or cities now have to look for workers cheap labor from abroad thereby making production costs higher.

Under population is not very good and that is what will make a country open their borders for foreigners out of need for labour force. I think there is a solution to this through government policy by giving rewards to couples who increase the numbers of children they give birth to depending on the number stipulated by government. Another point is to discourage abortion because people do that as final resort when they have no other option.
152  Economy / Economics / What's the effect of having plenty children to the national economy of a country on: August 01, 2023, 11:45:18 AM
Is there an effect both positive or negative to the county's economy when couples have plenty children?

In the past before the current economic era, around the 15th century and the beginning of the French industrial revolution, having many children was seen as fertility and good for both the family work force and country's also. The labour force was majorly manual and those who worked at the plantations were sort after as able bodied men or women.

But at the moment, what is the viability of having many children especially as it could reduce the per capital income.
153  Economy / Economics / Re: Reason why you will never become rich on: July 30, 2023, 07:54:53 PM

If you have a company or business you are running or a connection,  you can connect your family members to your friends let them work for them so that they can earn their own money or you have a business you are running, they can work for you to earn their own money.  As long as their is still dependency they will continue to depend on you and demand from you.

This is the philosophy of giving someone the net to fish and not the fish. That is to teach someone process that you have gone through to be financially buoyant, the investment that you have done or to teach them the benefit of investing. You are right that dependency can slow someone down from growing financially and the best form of creating wealth is to have more people having wealth. If you are the only one in the family who is wealthy, you might as well be having your way back down. It is better to give aide to create wealth.


Buying liabilities,  things that doesn't have value five years from now.  Many save but even when money is saved,  it is done to spend and not to invest and the only way to become rich is to invest and not by savings.  So , invest in assets and not liabilities.

It is better to invest than to save. Banks use money deposited with them to reinvest by either loaning it back out. This is to show that investment is far more better than savings.
154  Economy / Speculation / Re: Hold coin on: July 30, 2023, 04:38:33 PM
I don't have the knowledge on altcoins since I see them as a project that wouldn't last long and when one is investing on altcoins he needs to know the right one which he can invest on. Altcoins are short term investment and can lead one to great loss. Bitcoin is superior over all of them because they are the duplicate of bitcoin. They all depend on bitcoin price for them to pump or dump. This means that I will buy bitcoin and hodli for long so that my btc value will increase significantly after two cycles. I expect bitcoin price to hit $150k. Investing in altcoins is the same thing with gambling.

Despite that there are some altcoins that have done well for themselves like binance that bumped two years ago to now, it is still likely to do well during the expected bitcoin bull and Ethereum that many speculators still feel it is still under priced, I will I agree with your submission that Bitcoin is the superior of them all. Bitcoin has over 50% dominance of the crypto market and therefore controls the market. When bitcoin moves to any direction, it affects the price of other coins. To hodl Bitcoin above 60% of your portfolio is perhaps a good investment for the upcoming bull run .
155  Economy / Trading Discussion / Re: Do exchanges impact the performance of newly listed token? on: July 30, 2023, 04:20:13 PM

Summarily exchanges significantly impact the performance of newly listed tokens, although this may vary in tokens or exchanges.

As a trader or investor, can you relate to these findings?

Exchange play very important role in the progress of a newly listed coin. If you list your coin in a reputable and recognised exchange, it will help the coin grow fast especially if the use case of the coin is relevant. The exchange is important because a big exchange has a wide reach and coverage and any coin there in the exchange will supposedly grow faster . I remember few years ago when cartesi was to be listed in binance , the same thing happened, people had already started waiting before it finally drop there and the orders flew astronomically giving early investors hugh profit.

Somehow, the reputation of the exchange can influence the market performance of the coin or the token.
However, the continuity of its trend will depend on how the team is marketing the project as well as its actual developments.
The exchange may influence with the anticipation of traders towards the project but in the long run, it is how the team will do their job in sustaining that eagerness.
But if the project is gaining attraction from the community, the team should better strike while the iron is hot.
Because people move on if they see that there's nothing for them in that project, they can easily see if it is just all talk with empty promises.

The bulk of the work to sustain a project that is listed in a reputable exchange depends on the team and the coin. If a coin is a bad taste in the mouth, no matter how the ads try to hype it, it will eventually go down after a while. The team can only improve on the good work they have done, they can strike where they have not worked. The use for the project is important, if that is not the case then striking means to dump and exit. So it is better investing in a coin that already has strong back up community, at least that means the project is not an exit scam.
156  Economy / Trading Discussion / Re: Day trading is perfect work for jobless peoples on: July 30, 2023, 12:28:56 PM
Trading perfect job for jobless people?
Yes trading could let you earn on your own time when you want, but how about the capital if they missed out or lose then it is the end for them since they don't have any other source of income.
I don't think that they could really survive with just trading, just think about their daily expenses where would they get it?

If someone has been able to go over the struggling stage of learning how to trade, the rise and fall that is involved in funding of account, they can take care of their daily lives with trading by managing their account. There is a lot of profit in trading and a trader who is having far more profit in trading than loses is better than someone in other businesses or employed. However, it is also good to diversify.
157  Economy / Trading Discussion / Re: Do exchanges impact the performance of newly listed token? on: July 29, 2023, 07:45:53 PM

Summarily exchanges significantly impact the performance of newly listed tokens, although this may vary in tokens or exchanges.

As a trader or investor, can you relate to these findings?


Exchange play very important role in the progress of a newly listed coin. If you list your coin in a reputable and recognised exchange, it will help the coin grow fast especially if the use case of the coin is relevant. The exchange is important because a big exchange has a wide reach and coverage and any coin there in the exchange will supposedly grow faster . I remember few years ago when cartesi was to be listed in binance , the same thing happened, people had already started waiting before it finally drop there and the orders flew astronomically giving early investors hugh profit.
158  Economy / Trading Discussion / Re: Are memecoins tarnishing the image of crypto? on: July 29, 2023, 06:12:16 PM
Memecoins are better invested during the bull, this is the best time because you should be ready to cash out soon with the pump before it dumps. So it is not all of them that are scam but they are low volume as they hardly create demand because of their usage which doesn't really reach out to large number of people niche. Another factor to look for is who is under the memecoin, who controls or hypes it. Like Elon musk hyped dogecoin, many people began to buy it because of who was identifying with dogecoin .
Please note that only a select few memecoins are preferable to buy in during a bull market; otherwise, someone who is unfamiliar with cryptocurrency might assume that all memecoins are excellent to hold during a bull. Because they are aware that people are prepared to cash out in any case, coins, real or fraudulent, act in the same manner during this time. People have started to differentiate between legitimate and fraudulent pumps once Elon Musk started pursuing dogecoin. During this time, one of my friends lost money to a phony pump and gave up on investing in cryptocurrencies. Ever since, he has been vigilant about the type of coin he plays with.

I think whoever that is investing in cryptocurrency or any other business should at least do an elementary research on what he or she is about to invest on. You don't expect to randomly invest on every coin that has low price or that is hyped. Your friend is part of those that wasn't careful to take his time , at least he would have known by the time of investing that the price have done far more than expected price from $0.02 to $0.70+, that was a big performance and it was expected to drop just as bitcoin was dropping also. We need proper research to avoid unnecessarily.
159  Economy / Trading Discussion / Re: Are memecoins tarnishing the image of crypto? on: July 29, 2023, 10:21:12 AM
Memecoins are better invested during the bull, this is the best time because you should be ready to cash out soon with the pump before it dumps. So it is not all of them that are scam but they are low volume as they hardly create demand because of their usage which doesn't really reach out to large number of people niche. Another factor to look for is who is under the memecoin, who controls or hypes it. Like Elon musk hyped dogecoin, many people began to buy it because of who was identifying with dogecoin .
160  Economy / Speculation / Re: Will btc drop to 27k? on: July 28, 2023, 08:04:54 PM
Will btc drop to 27k?

I still have that feeling it will, $29k and $27k are not very distant to each other but I hope you are not asking this question to jump right into thread. Dyor is important . However, looking at the weekly and monthly chart, RSI and MA are still looking bearish so on the long run maybe we can see that support of $27k down to $25k. For now, trade what you see and don't rely so much on speculation.
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