Once that's settled, keep your trezor wallet/hardware wallet along with the seedphrase/passcode in a single vault. That ensures safety and security, as well as the convenience of knowing what the authentication is. After which, include these assets in your will and testament, along with the shares that your kids will receive in full explicit detail, so no one mistakes/confuses which or who's got the share of who.
Pretty good the same as what i thought. Although hardware wallets have expiry i mean they wont work after such a long time say 10 years of not/using it, its battery/screen will simply wont work anymore, same as my ledger problems. So including it on your vault will give a hint to anyone who will get it later and the seed phrases. Or simply let your family lawyer do the work later on.. That is truly the simplest way and the easiest. However, you need to be sure that you can trust your lawyer, and it is very understandable for people to not go that way and answer. First, again, there is the issue of trust especially if it is something that has to do with hard-earned money and long-term investment. Another thing is the insurance that only your chosen heir will get that bitcoin wealth, sometimes the law can be overturned by some technicality and it can be messy to deal with. |
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I was having a conversation with a friend, and we talked about how difficult the economy is and how it can disrupt someone's plan to hold their bitcoins without tampering with it. I think this is true because if you think of how difficult things are getting, Salaries from jobs no longer sufficient to sort all needs, and profit from business seriously affected and made intangible because of the increasing cost of running a business and the rising cost of things.
Holding your bitcoins has a lot to do with discipline truly, but discipline is harder to practice when you are being suffocated and suffering financially with plenty bills and responsibility to respond to. People in countries with better economy, where there are good jobs and businesses are working, Bitcoins will easier hold than for people who are in places with terrible economic situation. What do you think?
Not only in bitcoin investments but we will also find it difficult to survive in maintaining all other investments. When our financial condition is not okay. Yes, because our priority is to survive and of course we must always be ready to meet the needs of our lives. So in a financially unfavorable condition it would be very natural for someone to start pulling back their investment that he had maintained for a long time. Because after all we can only invest if we are able to meet all the needs in our lives. So it's important for us to always prepare a good income so that our finances are always fine. This is where it is important to build a business and also this is where it is important to have more than one income in our life. But every country has different conditions. So yeah, everyone in every country has their own way of survival. Very well said. Depending on one source of income is very dangerous for our financial status and needs. We cannot always expect for things to go the way we want them to, there will be unexpected situations that will force us into a corner and will push us to make decisions, hence it is always best to have various options to get a solution. Much like having various ways and source of income, |
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We all wish life was easier, but it's not so we've got to make do with what we have.
The degree you want, the career you want, and the business you dream to have won't come easy. I'm of the notion that life doesn't want you to succeed. If you run away from every obstacle then you will never achieve your goal.
If your first encounter with crypto was a scam altcoin, it doesn't mean you should wash your hand off of crypto. If you're still interested in it, learn from that bad situation and gain more experience from it.
If you previously made an investment in Bitcoin and you lost, it doesn't mean you should give up on Bitcoin; learn from it and re-evaluate your decision.
So don't think Bitcoin and Bitcointalk are any different from life.
You may look at a forum member with legendary rank and you want to achieve that, it's good that that motivates you, but you have to know that they didn't just achieve that overnight. They learned, grew, improved themselves, and improved others to get to that level.
Whatever you want, work hard and smart for it because it won't be handed to you on a platter.
Wow, this is some real encouragement, thanks man I really needed to hear words like these. Life gets real hard, and goals become too difficult to pursue, but we must continue to fight to the end. We sometimes, make up goals for the wrong purpose. Extrinsic purpose always makes one to fail and quit, but if you look for the real joy in whatever you're doing, you're definitely going to succeed. Always look for how to actually learn and help people....that's where true success comes from. Sometimes it is the journey and not the goal. Most often than not, we find more value in what we learn from the journey of reaching the goal compared to the outcome it leads us to. The lessons we learn, the struggles, and the people we meet that is basically connection, allows us to grow and be smarter for our future self and the paths we are soon to take. |
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I always prefer cryptocurrencies and regular stocks plus investment funds. Its because I love nature of trading where you can quickly make money through the market. You need to be in right place in right time. There is not that much extra labor needed other than knowledge.
Real estate is definitely the safest investment method all around the world as population grows nearly everywhere.
Business is for people who are skilled with it. It can be best method to make money but im not business type of guy.
And that's it. Choose the path that you know you'll be good at. Each aspect requires something like knowledge, specific skills, and capital. Hence, knowing those then allows you to know which one to choose. Personally, I am more of a cryptocurrency investment and business kind of guy. As much as I want to dive in on real estate I'm just not skilled and knowledgeable enough to go that path yet, maybe one day. |
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5. Set a budget
Allocate a limit on expenses, know all areas of expenses from food, rent, electricity, water, shopping and other things related to spending. Once you set all of your spending limits, make sure to follow them and do it because everything will be ignored if you don't do it.
Before, i'm really bad in budgeting our money and I tend to always exceeds to one thing (like for groceries) resulting to tight budget for other expenses. If you don't plan, limit and list what to prioritize first, you'll struggle financially. That's why having a set budget for expenses is really a must to have a guide on how much you can only spend for that particular plan. I also learn to not spend more than what I can earn, this way I can still allocate money for savings that can be use for emergency. It's really effective, we just need to have discipline to avoid spending for not really needed. if we can run like you do, maybe no one has a lot of debt just to cover his lifestyle. nowadays many people want to look rich even though their income is not appropriate, therefore many people are in debt just to cover their lifestyle so that their friends see them as rich, and can live a lifestyle beyond their income. Such things actually torture yourself, because one day it will explode like a time bomb. However, there are also job demands as marketing which require a lifestyle like that so that it is equal to associating with rich people, because that is their business target. I completely agree with you. The pressure and enviousness a lot of people get from social media to "fit in" pushes a lot of individuals to live a lifestyle that does not fit their financial status. Instead of buying essentials for their daily needs they instead buy luxury products to show off to their "friends" and brag about it on social media for approval. |
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I think the issue here is the lack of entrepreneurial education towards women (Reference to 3rd world nations). If policies are established to cater for entrepreneurial education to enhance the entrepreneurial capacities of women, they will thrive in the broader aspect of entrepreneurship.
Actually, women don't need entrepreneurial education if the man behind them helps to grow the business. In my country, a successful woman always has a man or husband that helps them as a marketer or manager. They cannot move on their own due to time and manpower constraints. they are usually married, so have to divide their time with family, so that situation, a woman still needs a man to help develop a career. In fact, women can't be successful alone without a man behind. And the same goes for men. Successful businessmen depend a lot on women who are either their executive secretaries or other executive positions to keep them in line with their goals. Women are well-known for keeping organization and multi-tasking which is vital in ensuring that everything is taken care of the business field. Hence, there is a saying that 'behind every successful man there is a powerful woman'. Hence, one can state that both needs each other is some ways. |
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A lot of aspects may come from and with this, but solving the problem of the rich gives you an advantage. First of all, there are the resources and connections that rich people have that can seriously help in times of struggle and problems. Moreover, the power of money and influence can do a lot, which is a big advantage. Lastly, depending on the problem, solving the problem of the rich can even help others along the way or those who are depending on them.
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-snip
I am not sure if there is any restriction on that. I guess the competition in that region is easier than in the EU. It is just like EG moving to South America. But at least with EG, they dropped all their EU players and acquired SA players. There isnt any restriction or rules on that but Valve should start making rules about it. For now, the community and Valve might not even notice this because B8 ended up not making it to TI but if they ended up making it then the community would start making fuss about it. Imagine if some top teams decided to move into another region just to secure the next Major slots I guess there should be, as relatively stronger teams from a region they can't win will simply move HQ to another region that has an easier competition. If that happens then there'd be a lot of region hoppers, though of course, the expenses will not be pretty and I guess that's one angle that Valve is looking at. For now, they'll allow it, though you're right that once a team managed to win and go straight to TI just because of this, the community will make a huge fuss about it and you'll see a shit show in different social media channels. |
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Crypto-betting sites are also plagued with a lot of scams. Fiat bookies are not the only one on this endeavor, unfortunately. I don't like KYC but I'd rather play on a gambling platform that enforces this and is already established in the scene rather than a new casino with lots of promotions but doesn't have anything to back itself up when it comes to legitimacy. Of course, platforms with KYC can come clean and still do an exit scam if they'd like. But I guess even without these signs or tips that you have posted, people can do a bit of research about the platform and avoid getting scammed if they wanted to.
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It does, and it depends on who the star player is with and who they are against. An example I can think of is GSW vs Cavs championship games. During games when the whole Cavs team is present, they are at even odds against GSW. But in games when one key person is missing from the team (Kevin Love), the odds shift towards GSW even with Lebron and Kyrie on board. While star players have the capability to carry a team on their backs, it isn't enough especially on a team-based game.
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Most important thing is that reputation is not about the casino providing their own game or providing games from trusty providers.
Reputation also comes with the games that the casinos are offering to their peers, be it from a third-party provider or their own games. If they can't provide an experience or something that is worth their players' money, plus the games are basically just ripping everyone's wallets off, that casino will surely be on the black list of a lot of people. Their name will be stained with a lot of negative impressions and over time, they will lose money and lose their business with a lot of people. |
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I think it's possible but BTC will be divided into small parts
Small parts that will not even be of value to most. Moreover, not everyone that will gain will even bother investing in it and trading it, hence it will be a waste as it will remain unaccessible to others who are actually interested in Bitcoin and the system. It is a possible thing to happen but it is not ideal, as Bitcoin is limited and the number of people is growing every day. The proportion will never be equal and not everyone will find value in it, causing the possible downfall of Bitcoin. |
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Bitcoin has helped me pay for a lot of things I needed. Currently, it is helping me to pay bills and to have progress with my savings. Bitcoin has helped me feel financially in control as I have a source of income that is outside of my normal wage from working, hence I don't feel financially threatened when unexpected expenses appear out of nowhere. I feel more at ease knowing that I have savings, and investment that will help me even as I grow old and retire from my work.
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All millions come from owning something of value. It doesn't matter if it's real estate or not. Sure it's the most reliable out there but at the end of the day as long as you're invested in something that will yield you dividends in the future it's all good really.
I understand the hype surrounding real estate now but it's people like these who pushes people to buy more into the land-owning business that causes prices to jack up and rent to increase in value. You gotta understand that somewhere along the pipeline a low-income earning member of the society is stuck between homelessness and paying their rent, all because housing prices are jacked up to astronomical levels that owning a house right now is reserved for rich people and renting is your only recluse if you don't want to live in the streets.
Good point here. You can own lands but without putting effort into it then no millions will be produced from that. Whatever value you have, if you know how to handle it and make a profit from it then millions will be possible. However, I'd like to point out that your statement regarding people pushing other people to buy more land for land-owning cause the prices for rent to jack up and for only the rich to have the capacity to own a house, is irrelevant for these people. They don't care what those who cannot afford are going through, their primary concern is being able to invest or buy and sell then repeat. |
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Bitcoin is way more secure if you ask me on this matter. I don't know why should anyone choose TRON blockchain for this. They have been up to some shady business for a long time now. I used to like it too but they have increased the fee a lot in the past year. Maybe the only reason why Paypal is not using Bitcoin is for its volatile nature and fee fluctuation. When the blockchain is crowded, the fee goes very high. But that is temporary. We have seen this many times in the past. So I don't think TRON will be the best choice. I prefer Bitcoin. It's secure and way better than TRON.
I agree with you. Bitcoin is far better than TRON in many aspects. TRON has been dealing with a lot of issues lately as rumors about them indulging in some shady business are being discussed by many for a long time now. Moreover, it is true that their fee is increasing more and more as the years passed. Hence, I'd stick with Bitcoin right now, TRON is out of the question for this one. |
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The role of entrepreneurs, especially women, is of course very much needed to be able to improve the economy, currently there are many entrepreneurs from men because many people still think that women are companions for men so they feel just at home and don't need to be entrepreneurs, it's only natural that most women are single and not dependent with husbands then they can become successful entrepreneurs.
I disagree. Married or not, women have time and time again shown just how competitive and good they are in handling business and being top entrepreneurs. Being independent from men does not necessarily mean not being married or staying single, it is having their own voice and a drive to do something of their own accord. The reason why women hesitates to enter this field is not because of their marital status but the judgement and prejudice that comes from society. |
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Good land locations translate in high cost of investment which is the ugly side about real estate...
True, that's why only the rich corporations are able to do that unless you're someone who's focused in real estate and is an individual that has a lot of resources and can take a loan and mortgage favored by the banks. Otherwise, you're just going to see the corporations that are on this industry to keep on developing those good locations and they will just rinse and repeat it. Still, you can do some scouting on other locations that are not yet swarmed by properties and companies haven't developed yet. Exactly. And that is unfortunately something that many fail to either realize or they're just not aware of it. Land location is the core of high-cost investment for real estate. The better the location, the higher the profit. It is a common sense thing as no one will be likely to invest in a property that is in a bad location. Hence, you have to have the resources to find good land locations if you want to lock a good deal. How I wish to own one with a very good locations where there's people traffic as that will guarantee a very high appreciation for that property. Whether it's a commercial or residential property. It's one of the best investments indeed ever that one can take but in some locations that are not yet developed, we can also find our luck based on case studies and that's why it's not just all about looking at the properties where presently they're good already. But also where the big companies might go and people will be flocked following them as well. Case studies and feasibility analysis are two ways that help a lot, thank you for reminding me of that. But, yes, how I wish we can all find a very good location for property investment. However, as good as it sounds, it is not as easy. Notice how the bidding for real estate properties is going millions these days? The rates are going higher each time, showing how more and more people are getting into such investment hence competitors are also something to watch out for here. |
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I think about the modification of Twitter to become bigger, maybe we will see that Twitter will make a buying and selling market like a marketplace company and Twitter has that integration with many sellers, and if it is true that multi-international trade occurs in Twitter which trades goods from various parts of the world with Crypto payment tool.
To predict buying an AI company or starting it earlier, I don't think there is an agenda for Elon to do it, because previously Elonmusk had previously been involved with the development of this AI technology, and he chose to leave it, so in my opinion it is impossible for Elon to Now. IMO
Even though that could happen, I still think that twitter could change a lot on how it looks, because right now profile is not like a profile for example, when you go into someone's profile you still see a lot of stuff on both sides, and that could change, basically the whole UI could be revamped. But if we are going to talk about what he might buy, I still think (and been thinking for many years) that he might buy a team. I do not know in what sport, but I think he might buy a team, because when you are that rich, fighting against other rich people is not easy, he might do it against Mark lol, but normally he won't be able to, and with a team, he can spend a lot of money on it and make it the best one out there. Good point there. Elon Musk is following trends. And as of lately, esports popularity is at an all-time high. Therefore, there is a possibility that he builds or buys a team to manage and compete for him. Some may think it is ridiculous and impossible but so was Twitter. Only a few, if not none at all, expected Elon Musk to buy Twitter and be so invested about it that he even revamped and rebrand it to the now platform X. Does Elon Musk like esports? i don't think about it anything about him including E-sports, instead of him buying the team i think its better he buy the games all at once much better i think lol. Judging from what he has done he is more interested in the world of technology and development, but if you think about it some of his companies are experiencing stagnant development and on average experiencing a decline, it is unlikely in the near term for elon to buy a new company or business , he was busy preparing himself to fight with Mark, instead of thinking about what he should buy again and doing experiments.  Well, despite Elon Musk being very interested in technology we surely did not expect him to actually buy Twitter. However, I do agree with you about him possibly not buying a business or company for some time. He's still too busy and seriously preoccupied with rebranding Twitter (now X) and will surely dive deeper into it as more and more changes are being applied to the platform. Elon Musk is all about X these days and probably the whole year at that. |
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I particularly liked your point 4. Make the 24 hour rule. I think it’s practicable and if done right, could help put off unnecessary spending.
Irrelevant purchases often happen on a whim and most people tend to give in to those urges to buy what would seem then to be urgently needed.
But if you could just put off buying that item for a while, you would realize you don’t really need it.
I agree, and yes it is true. The 24 hours (or more) you spend wondering and making realizations regarding the product/service you are thinking of purchasing really helps you decide on whether or not it is worth purchasing or not. Most often than not, we things we buy on a whim just end up not giving any value to us, after a few days of use we get tired of it and that's when we realize that we just wasted a good amount for something that did not provide much use to us. |
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Well, depende yan sa situation mo. Kailangan mo na ba ng pera kaya mo ibebenta? If hindi naman at concern ka lang sa value ngayon, I think mas okay pa rin na mag hold sa BTC. Normal na rin naman na magtaas baba ang value ng BTC kaya sigurado pagkatapos ng halving makikita natin yung pagbabago sa value. Pero if kailangan mo na talaga ng pera at satingin mo mas okay sa ETH then go, at the end of the day sayo naman yan. Just make sure na you made proper research tapos napagisipan mo mabuti para walang pagsisisi.
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