Thats a wrong calculation. For the hardwork we've done, we'll be rewarded. Same as that for what we have done in a smartway we were able to reap the rewards. This doesn't mean only based on the knowledge one have got, the person gets rich or leads the regular life. Based on what you've mentioned what will you say a person who had won big jackpot and turned rich. Her doesn't have any knowledge, all that he did is just bought few tickets. So, knowledge is required to make life better, but that doesn't mean only with knowledge one can be rich.
The harder you work, the higher your income will be. No logic can bring you good income if you can't work hard. There is no substitute for hard work to earn good income. Even those who own very big companies and live very luxurious lives did not reach their positions without hard work. So if you can work hard then you can increase your income multifold or even thousands of times and live a luxurious life. But there is "work smart," or the saying "work smart, not work hard." The thing is, working harder than you do cannot always be the case or the key to more income or success. Yes, it can be one of the factors, but not for all people. For example, in a poor family, no matter how hard the members work, they are still in their position. Why? It's because working hard doesn't mean more money at all times; the salary is fixed, or worse, they don't have a stable income even though they work harder and harder. That's where "work smart" comes in, meaning that while working hard, of course, you also need your knowledge so that you can find a way to earn more than you can. You can use your skills and wise thinking so that even if you are not going to work harder and harder, you can earn more because you know how to crack the system of this world. Apart from working hard and working smart, we will get maximum income, but we also have to have good financial management, because no matter how big our income is without good management it will be useless. This is closely related to a person's lifestyle, we can see rich people who live simply, so that their wealth accumulates and grows continuously because they have good financial management. |
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What a destructive and hypertensive experience I had from food shortages,to school closure,to millions of lost lives and jobs.All these caused severe hardship and even increased our level of struggling,disrupted lives and businesses and to crown it all,life became too toxic and unbearable for me.
The COVID-19 crisis affected worldwide economic activity, resulting us in living with too many restrictions.Honestly,I don't wish for another global crisis to befall us again like I can't the shock that comes with been stucked in one place.
Yes, of course this is very stressful in dealing with situations such as Covid Many difficulties arising from the impact of Covid Work for some people and the difficulty of getting a job that can give us income that can meet the needs and closure of the school, of course this makes us stress with boundaries which is applied in a life that is accustomed to having freedom. It is true that everyone of us certainly does not want this because we with every restriction that is enforced certainly we cannot produce anything that can meet the needs we need so that we have to use the savings we have to be able to meet the needs during the COVID. No one predicted that the impact of COVID would be so great as to hit the world and result in all aspects of life being disrupted and unable to operate optimally, even to the point of having to stop altogether. resulting in all aspects of the economy not being able to function properly and causing losses in all sectors of life.Restrictions must be implemented so that contagion does not continue to occur. In the end, these restrictions make all sectors unable to run well and disrupt the economy because there is no ability to try or run anything optimally in almost all sectors, which actually happens because it avoids crowding of people.Not only do people have to spend additional funds, but the government also has to buy vaccines to be used to prevent prolonged transmission.It's time to start moving to grow the economy by reducing transmission, but we must always be vigilant because there are still many variants occurring, and if we don't anticipate, there will be further waves. How terrible it is if you remember the past when the Covid outbreak hit, almost all sectors of the economy were hampered, many business sectors were even unable to continue their business so they had to face a lot of life's difficulties. On the other hand, what we can be sure of is that God always provides a way out, where we know that with the Covid pandemic there has been a proliferation of online transactions without having to meet face to face, and this is happening and developing to this day, we are even used to it. |
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I agree that it isn’t so easy but then, I don’t think it is so difficult. Is it really hard to save a small percent of your income which will gradually grow up? It’s easier when the amount is small, so for someone who wants to start saving, they should start from saving smaller amounts and then eventually they can increase the amount they save. We can all make it better for the younger ones by teaching financial education and responsibility on time. This way they can learn it before they need to do it.
All things related to savings start with small savings but must be disciplined in doing it every day, week or month, if we consistently want to save every day then we will get a savings amount every day, say we can save $5 every day then we will get an amount of $150 every month and $1800 a year, that is a simple calculation that starts with small savings and you can imagine how if you could save $10, $20 or more for a day it would result in high savings every month. If you can do this disciplinedly every day, it doesn't seem like you will collect large amounts of funds in a year. To save consistently, especially every day, is not easy, just like what is done is psychological trading, it would be even better if you save in the form of investments, so that in the long term it is not inferior to the rate of inflation that occurs |
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As a businessman or salary earners here are tips on how to stay poor in life.  3. Become an extremely cheerful giver/lender to friends and family. A wisdom quote I read somewhere said, "if you want to lose your friends and family lend them money". Keeping doing this and you going to be successfully poor. Being poor is not absolute because it is a definite process, but I like what you wrote in point no. 3 and there is one interesting thing here in terms of the repayment commitment if it is not on time, causing financial tension for the lender, even though there has been a mutual agreement, but often the conditions say otherwise. And in my opinion, if you want to help someone, help them without endangering our own financial stability, especially if we have a family. Just like we invest in crypto and trade, at least the initial requirement is to use cold money. Borrowing money is indeed a very powerful tool for breaking family ties. where there are many incidents of people feeling sorry when borrowing and not being responsible when returning it, so what happens is that people who lend money become beggars asking for their own money, and in the end if it is not paid it will become a problem, sometimes good intentions to help do not always have good results. |
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Bitcoin is just a tool for us too possibly reach our dreams of financial freedom but if we are doing nothing about it we won't succeed of course. No matter what will happen "keep calm and buy Bitcoin" that is what other investors will tell you and I think that was proven and tested by many.
Exactly bitcoin is a tool for us to reach our dreams of financial freedom but to fulfill these dreams we must have handsome capital amount to invest in bitcoins, not all people have that much capital but yes bitcoin is profitable and definitely make people financially stable. But it will never be that easy. I'm very thankful for bitcoin and crypto currency because it has given me a lot of opportunities, and because of that, I have become more financially stable. I didn't need to ask for money when I was a student, but now that I work for a corporation, I still have an extra income, which really helps me with my expenses or buy the things I want and need. Surely bitcoin could help you change your life if done correctly. It's not just investing and expecting a reward. Every investment should be done carefully and should be thought through thoroughly. Let's not tell people who don't have any idea about bitcoin that it is as simple as this. No, bitcoin is a complex thing. It can be either a life-changing thing in a good or bad way, so be careful, but feel free to explore and invest. No one will stop you, not even the government, as there's no one who owns bitcoin. Indeed, the main hope with Bitcoin is to achieve financial freedom, but this can be successful if done correctly, otherwise it will actually result in disappointment. Knowledge is the main thing before deciding to invest. Many people only fulfill their desires without being equipped with knowledge, so this will have fatal consequences if it continues. But as long as you have knowledge you will be fine |
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The best time to buy is when bitcoin price is at its deepest. But knowing its hard to predict whether the price is at its deepest or not, then definitely I would always recommend that the best time to buy is when you are ready to buy and lose some funds. Investing is not all about profits but certainly losses as well, so whether the market becomes bullish or bearish, or when bitcoin halving is around the corner, I guess the best time to buy is when you and your funds and emotions are all ready.
Indeed, when the funds are ready, there is no harm in buying Bitcoin in an adjusted amount. Even now is a good time to prepare for the halving in April, but you need to remember to prepare reserve funds to buy back if the scenario is that the price goes down again, because basically we all believe that Bitcoin will experience an increase and we will get a profit as expected. and many predictions are emerging, so we must be able to trust personal analysis |
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The investor's first investment experience with Bitcoin happens to be on the wrong hand and needs more of conviction to change his mindset towards Bitcoin. Little or no research and being too desperate to make money in crypto are one of the main reasons why most people or newbie investors get scammed in the industry such
as this person. At times, those that brought in these people did not provide them proper information on how to navigate their way safely without falling into the traps of scammers.
That's the dilemma of most newcomers, they thought that it is too easy to gain profits but there"s more than meets the eyes in this market. People should educate themselves and not rely on someone else's opinions. Because that is detrimental to your funds. They don't care about what you do with your money, so it is your own responsibility to take care of your assets. Therefore, many people are in a hurry to gain wealth, but they forget the minimal knowledge they have, so this makes them fall into a reality that does not match their expectations. Therefore, it is better to study it carefully first before deciding to invest, especially as opportunities to get low prices will come often, so there is no need to rush. |
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The market is always there, opportunities are always there, the important thing is whether we know how to grasp them or not or just sit and regret what has passed.
This is something that many people don't realize so they just complain and regret about the past. Like you, I think that as long as the market exists, the volatility of bitcoin is there, there will always be a way for us to make a profit. Making profits in the financial market is based on knowledge, experience, skills... and not just on the fact that you have the opportunity to buy early although buying early will have more benefits. I also feel a bit regretful if the price continues to increase after I sell, but instead of wallowing in regret, I come up with a new plan to make more profits because I know opportunities will always be there and the work we are to grasp it. We often experience that after selling, the price actually goes up, but I neutralize the psychology by remembering that I have already pocketed the profits from the sale, and if we always remember that it will actually arouse our greed. Therefore, it seems as if everyone experiences it and we must be able to respond to it for our future progress, so that we can always maintain our psychological stability. |
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I want to ask everyone, now the number of altcoins is increasing and the prices are various, do you know, in your opinion, what altcoins are still cheap now but have good potential for the future?
I want to hear an explanation from you?
Going by how the market’s going right now I think you should look into the top 100 coins that should be your starting point maybe you can go further if you’re not pleased but personally I’ll advice you look out for alt coins that have more usage like BNB which I see as the next big thing just speaking from my own view also do your research to find out more, other coins you could check out are ADA, MATIC, TRX, LTC, SOL and XRP these 7 coins are listed here I call them the future 7 lol my way of hyping them wish you lurk though. LOl you have a good list here but OP is asking for cheap coin and I don't think that Litecoin is part of that as the price still 71 dollars and that is not that cheap to invest in this time , but I agree in XRP and TRON because they might be cheap but promising , about Cardano not sure for what is worth now and Polygon as well. The altcoin you mentioned is indeed a potential altcoin at the top of the coin market cap, so it is indeed worth investing in, but only new altcoins can provide profits of up to thousands of percent for the next bullish season, for new altcoins I don't think it is suitable to invest in total remembering the risks. Therefore, we must be able to manage our finances by diversifying, investing in several potential altcoins and new altcoins that we consider to have a future. |
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Planning about collection some MORE altcoins and thats why i manage extra money for that. But market situation is still confusing and today Altcoins dump minimum 10% even more. So is it really right to collect altcoins? Or another dump will be coming before bull run? Should i postponed my invest or not? I post this in speculation sector cause we can only predict! And I'll go with the most predicted result
According to some sources, the altcoin market is showing strength and innovation and could be poised for a breakout in 2024. However, the market is also volatile and unpredictable, and there is no guarantee that any altcoin will succeed or increase in value. You should be aware of the risks and rewards of investing in altcoins, and only invest what you can afford to lose. You can use some tools to monitor the altcoin market, such as live charts, market data, and news. You can also compare different altcoins and see their prices, volumes, market caps, and trends. However, you should not rely solely on these tools, and you should also do your own analysis and research. as long as we dare to speculate in a measured way, then there is no harm in choosing a top altcoin to invest in, even though the price is declining, and that actually provides an opportunity to quickly make a profit, if the market goes down further then looking for an altcoin market buying area will be more profitable, by list of altcoins that have future prospects. This year it looks like there will be a phenomenon that can change our lives |
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I may think that bitcoin will revisit 30k of course specially as halving approaching and the bear will surely takes place before the bull comes but what I also believe that Altcoin is the best option if we wanted to make good profit in the coming years.
Ripple of course is one of the cheapest but promising because of the past incident of cases filing and now we are aiming to see it grows once again .
My advice will be: don't pick the project, pick the narratives. Ripple can be a good rally but if it does a similar project, it will also rally with it. When a narrative gets market attention investors jump into any project they find in that category, and that is why all the other projects started pumping as well. So pick which narratives you want to put your bet on and invest in the projects that are working in those narratives. It can be GameFI, RWA, AI anything. Not sure how you got that 30k price prediction. You should put some fact backing your claim. The narrative determines the trend, so we have to know what narrative will happen and we can choose altcoins within it that fit that narrative, remembering that after the peak period is over, only a few altcoins can survive the narrative that occurs. We can see this from ICO, IEO and so on. and the main thing is to get out before the peak occurs, because once an altcoin has an anti-climax, it is sometimes difficult to come back again |
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If I had the choice to invest $500, then I would split it into several main altcoins, perhaps ethereum would be the main choice with an investment of $200, others I would place in polygon for $100, then Solana for $100, and finally Cardano for $100. With diversification, it is hoped that we can reduce risk, considering that we don't know what will happen next, especially when investing in crypto has a high level of risk, so we have to be good at managing risk.
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Polygon Matic is a large altcoin, so it is very suitable for investing in altcoins. On the other hand, the Matic network is widely supported and used by various projects, so I think it is safe to invest here, although there is also a risk that we don't know what will happen in the future. . In my opinion, dot is also a potential altcoin, but when comparing the two, I think I prefer matic for the long term
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I don't trust new projects with inexperienced teams. I've been burned by several solid projects with new teams that couldn't deliver on their promises. Recently, I came across an airdrop for an upcoming meme project called DingDang. The interesting part is that the team successfully launched Kikswap in 2022, which performed well. The presale participants gained a 10x return at launch, and they raised 506 BNB in the initial seed sale. With many trending meme coins in the market, I'm considering investing in DingDang during its early stages. What are your thoughts on whether it's worth it or not? Website and Whitepaper link are below: Web: https://dingdang.io/Whitepaper: https://dingdang.io/whitepaper.pdfit depends on your decision, you need to remember that memecoin is not very good for the long term, it's more towards gambling, to hold on to memecoin, indeed sometimes memcoin makes our money 10x, but memecoin can cause our money to be forfeited or lost because the asset has no value anymore. As for the suitability of memecoin for investing, I think the answer is no. because of course our main investment is in bitcoin and trusted altcoins. while memecoin ranks last in investment selection, and even then requires little capital to buy it. On the other hand, we must be able to take advantage of the moment to buy and sell, because we remember the wild movements |
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Which is the biggest meme coin yet? You can visit the cmc list if you want, and don't forget to name your profitable meme coin.
I can share some name of top meme coin.
Shiba
Dogecoin
Floki
Babydogecoin
Pepe
Mona
I think, Dogecoin will remain the biggest memecoin forever, because there is no memecoin that can replace Dogecoin, so it's like Bitcoin is the king of cryptocurrency, Ethereum is the king of altcoin and Dogecoin is the king of memecoin, therefore if you want to invest in memecoin, then I suggest that it is better for you to invest directly in the king of memecoin, that is Dogecoin, because I am sure that Dogecoin will forever be the biggest memecoin and nothing can replace Dogecoin. Indeed, currently Dogecoin is the memecoin that is at the top of the list. If you want to invest, I also recommend Doge first, and then I recommend investing in Shiba. considering that these two memecoins have gone through the bearish season well, at least they are still at the top of coinmarketcap, so they are worth investing in the memecoin group. But remember of course investing in memecoin is not the main investment in cryptocurrency |
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We know better cryptocurrency market always unpredictable. Yet we invest in the cryptocurrency market. Sometimes the market gradually turns to bear.
My question is how do we know if the market will go bearish.
Op for the exact timeline and the timeframe there's no methodology to predict the bear market on the basis of the analysis. There is some indication about when the market can take a turn, basically, I'll try to divide it into two categories based on the market timeframe the short-term market always moves with the sentiments of the market so closely watch out for the sentiment to figure out about the market bearish moves. On the larger time frame, you need to understand the cyclical momentum of the market and from there you can figure by analyzing the potential points based on the figures of the supply & capitalization and expected capital in the asset in the future that the market will take a major correction or not. We really have to be able to understand the time frame used. Between small and large time frames, you will see a different chart shape, and of course to look into the future, we look at a larger time frame so that we are not fooled by the formation of a smaller trend line and we use it as a trading transaction. On the other hand, we can use the support and resistance that occurs to confirm whether our analysis is working or not |
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I have numerous strategies which I have implemented though some have been successful while fee backfired. DCA is my most trusted option for time being and also I have divided my funds based on strategy and a part of it I tried to make multiple quick trades of smaller margins aiming to get atleast half percent profit everyday and I use only Bitcoin for this purpose and trust me this gives good profit on longer run.
I don't risk trading altcoins very often but sometime for quick profit though it ends up in lose sometimes.
Bitcoin is the best coin for short-term trading, considering that the market runs normally and is difficult to manipulate, so we can analyze it more accurately. I think 0.5% a day is a good result, especially if it is multiplied over a month, of course if it is consistent it will be a large amount, especially if we use the compounding method in trading, of course it will increase even more. When it comes to trading altcoins, especially new ones, of course you have to be careful, or you can use a little of your profits to do so. |
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Knowledge and experience are the most important keys for someone who carries out trading activities because basically trading does not guarantee regular profits and trading also has a large level of risk if it is not carried out correctly. Believe me, trading will be much more difficult than investing.
Many people trade futures without having any knowledge because they think futures trading only requires guessing up or down and looks quite simple. But when they always lose, they will understand that futures trading requires good trading skills to analyze and manage when trading. whatever money is used for futures trading will be lost if one is not alert and does not have any plan. Sometimes I like futures trading and sometimes I don't, usually I trade futures when I read and find good information and the potential for prices to increase, unfortunately information like this is not very accurate, sometimes I'm confused when I see people who are experts in futures trading , no experience no learning Without experience and knowledge, I think it is difficult to trade futures considering that these two things are really needed. Sometimes many people keep quiet about trading losses and tell stories about their successes, this is why many people are proud to be called great traders. or on the other hand, maybe they prefer to subscribe to signals, making their trading easier |
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Trading without knowledge is the same as gambling, trading seems to be aimless and just guessing at market movements. On the other hand, luck will not come continuously, and of course people like this will find it difficult to survive in the world of trading. Unfortunately there are more people like this, so more traders experience defeat because they cannot survive market movements
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Management is the main part of how to allocate finances in a gradual and stable manner. I agree with your words. but many people now want to build a house without using management, most of them now get a good location from all access but don't look at the financial contents that they have, which sometimes hinders the process.
If a person can manage their activities according to the finances then he can settle his life well but if management system is not well settled then there will be hurdles in all the process of life. If one wants to build a house then it is not easy that without management of money he will do this. For each and everything one should make a plan because without planning it become difficult to achieve all the necessities in life. In this day and age, everything is getting more and more complicated, especially if we don't have an awareness of the hall of things that are closely related to life. Management is one of the basics that we must have so that we are always on the right track when living life, because once we deviate in doing something that is out of the guidelines then we will find it easier to realize it and return to the right path. I actually believe that everyone will definitely have a plan in their head, but the problem that happens is when executing the plan, sometimes we have moved before the plan is really well organized. There are two things that can enable people to have the house they want, the first thing is to have a clear plan and be disciplined about that plan, remembering that of course there will be our desires which must be managed well, because the longer the price of building materials becomes more expensive, the more expensive we will be. You can pay in installments to buy building materials according to the savings you have accumulated, of course you must already have a calculation plan for the house you will build later. and secondly, from investment, such as cryptocurrency, we get a fortune in an instant so that the money is enough to build or buy a house |
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