I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.
if the child wants to learn, please let them. Trading on crypotcurrency has no age restriction in as much as his mental capacity can carry such knowledge and he is willing to advance through too. Let them learn but not trade until you're sure they're capable to trade and do so without slacking on their education. If you are thinking or having a problem about the KYC i think just leave it be later on because you should focus more on learning to trade , there are like games or demo account that you can try on online which helps you practice without signing up on any trading platform. Also that is a good for them because at early age they can learn how to earn money and for sure they will be doing it until they are on the right age. |
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Some people just want to enjoy their life and for that they do whatever it takes, uses all their money on vacations , partying and stuff and eventually ends up being broke.
So yes a certain lifestyle do waste your money.
Unless you are earning a lot of money then you can do that lifestyle or any lifestyle you want , like those people that has already savings, they earn more than spent it so that's they do, they relax and live the life into fullest but like us that are only earning enough so we can only do is save and if we do have some extra we can relax but if we don't then it would be waste of money and time. |
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The way that people who has a lot of experience on something is they are the best to explain that certain things , imean they have their own definition which means they understand it deep as they have years of experience unlike those who just learn it online or somewhere which they are just on tip of the ice berg and not known the true meaning, though if ever you have a chance to ask both then why not to see what is better point of view among the two
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- There are still paying bounty campaigns when it comes to altcoins. Especially if the Bounty manager who will handle the campaign has a good reputation here on this forum platform.
Just like @Julerz, @irfan, @Royse777 and others who have done good things in this forum. As long as you know how to look for new project campaigns, you will definitely receive a payment after the campaign.
But still it is not guaranteed that it was listed on exchange or you can convert it in your own fiat as there are still plenty of scam projects right now that is having reputable campaign manager like those youve said will lessen the risk on it as they wont easily accept those bounties thay is very fishy |
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Actually, why do we should have to believe these signals when in fact, we know that the market is unpredictable in the first place. And besides, we know already that many people had suffered losses from following signals. Because if we think deeply, we can ask ourself why these people are offering help to others claiming that they can predict the right momentum in the market, why not use it personally and become rich? We can't fool ourselves if we don't let them manipulate our minds. Perhaps, it is possible to become better from them.
Most people today don't want to try and don't want to go through the process. They only think about profit, and in the end, they choose to depend on others by joining signal groups, without them realizing that huge losses are in front of them. I have experienced something like this, joined the signal group hoping to make a lot of profit, but yes as you already know, this is just a trick, three months following the signal from the group, apparently, my loss rate was getting bigger and bigger, I decided to do it myself with all the knowledge that I have. You can't run away from the journey you've started, enjoy the process, face the risks, and find solutions. I think that everything sums up to laziness and laziness is usually either an ally or an enemy, but seen from this point of view it is an enemy because the analysis of your own signals is the best, instead an analysis by groups or issues that have eu see is not good because they never give the reasons why they choose the signal and do the analysis, we do not know if they actually do the analysis and give the signals for giving them without any type of study, these things are what we have to see if we want to enter a group of signals. Laziness are always an enemy because first if you are not lazy to learn trading then for sure youll be getting the outcome you want but unless you are lazy you'll join signal group to find a trading signal that you will hit. When it comes to trading if you are lazy you'll not be getting any profit because in trading market is constantly changing that is why you need to adopt and learn always if you want to take out some profits in the market |
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We do have differences in terms of financial capabilities and it was given that there are people who live as wealthy since birth while others live poor and have no option but to survive, though chances to change our future always in our hands if we continue chasing for good opportunities maybe there's something out there that will give us the chance to succeed.
Preparing for the future should always be a part of your life. You never know what's waiting for you and being prepared will give you some good edge to continue surviving whatever the future may like.
Sometimes circumstances can be too difficult for us to start to change something, when the money earned is only enough to feed our family, it is difficult to think about anything else. Now, with rising inflation, the situation will only worsen. So there are quite a few who cannot prepare for a secure old age and simple advice, saving and investing will not help them, and such people cannot count on the help of the state or anyone else either. some people would spend their whole life on a bicycle they would help their kids grow but they would not make a saving for them -death is for sure but we should think of a better retired life then to think of our kids all the time Helping them grow savings is part of it, it doesn't all about money but also like lands, house or any expensive stuff that they can benefit. Though the problem is that not all has a privilege to have extra money for investment as they income are just enough that is why you should save your extra once you have a spare money |
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Or they are just very fast to implement it or something about the tension between them and china. What ever the reason is for sure it was all about money involved on it they want to maximize something that can generate more money for them to prepare on something. What i am just amazed right now that there are now couple countries having crypto in their country how much more after halving?
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professional gamblers are there mate , they will not be called as professional gamblers if they are addicted or stupid in this field , those people are known to be expert in all areas of gambling and yes they can control completely their attitude and behavior. they will not gamble continuously if they knew that luck is not with them,=. Wouldn't really put professional gamblers up a pedestal about addiction and whatnot. They can still be addicted really, it's just they're more likely not to become one since they've been gambling for so long that they know what's up with it. Being a professional doesn't exactly mean you're immune to being an addict, it simply means you're being paid to do whatever said activity is. Professional gamblers are only paid when they join an event or compete in tournaments, and I think they are really doing their own gambling outside of it, so they are still prone to addiction, but again, they are professionals, which is why they are easily able to control themselves; they really have self-discipline. Also, I don't know anyone who is a professional, but I do say those who have been into gambling a lot for a long time and are also earning a lot are i would say they are professionals on the |
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It's unfortunate to hear about this young techie's situation and the drastic step he was about to take. Investing in cryptocurrency can be risky, and it's important to exercise caution and do thorough research before investing any significant amount of money.
He was also too greedy to earn profit that this he end up on this but again he haven't thought the risk of his investment thay he go all in. What scary right now after he was saved how he can pay it off all of his loans and his mother's pension for sure he will still commit those things that is why it is better to have someone look after him. I hope he is okay right now and fighting to fix those mistakes |
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For sure he just thought that it was easy to trade and just a single trade you will gain profit. He really make trading as a gambling and doing it without any knowledge of it. That is why no matter how much money you have in trading if you have no knowledge on it you will lose. Always learn first if you dont want to lose all of your money unless it was gambling that you are just basing on luck
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Recently, last year here in our country, there was a shortage of onions, and their price hit very high, but when there was an investigation, it turned out that there were big businessmen who hoarded onions, so their value in the market increased a lot. Consumers are almost completely oblivious.
But now everything is back to normal even though there are other vegetables that are still expensive in the market. But when it comes to the actual shortage of goods, I have not heard of any, because currently, the price of goods in my country is relatively stable.
but this means that those big businessman can control things if the government wouldn't notice and also that means that they can do it with just minimal doings and they can get a lot of profit. What im scared most is that if they will again do this and government cant stop them which means we consumer will be again buying those expensive stuff and caught of short |
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I think that it's quite safe to invest in Bitcoin now but I will suggest that you buy at intervals, also It is good to understand the wallets before investing. This is not just to Bitcoin but all investments.
Like buying on monthly basis or per year. I think this depends on the person because some who has analysis will buy one time in a dip because when you bought it on right time you can get profit than buying in intervals but only if you have enough money to buy but if you are lacking money then it is good only when you have money |
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AI's taking over, big league! But depending on it for bets? It's like betting your fortune on a digital dream. Picture a driverless car, just cruising along. Easy, right? But what if AI goes nuts? Are we ready for that disaster? Tech's great, but human gut feelings and know-how? Tremendous. AI's got useful hints, but it shouldn't call all the shots. Get unpredictable, be a maverick! We're people, not robots.
People actually don't understand that betting on sports or events also involves one's mental consciousness and thinking abilities about the teams or the players that are a part of the match that they are about to bet on, and an AI model can never have that ability no matter how advanced it becomes, it will always lack that one thing. If I was to do sports betting and was told that I can also use AI for that, I would simply ignore that considering I believe myself way more than a language model that might be good for research but isn't something I would use for betting using my money. I don`t sure that it is so. AI can help you to collect information and analyze it. It helps to save the time. And of course, the result decision must make the gambler. And only the gambler must decide to believe AI`s prediction or not. But the same time i have to notice one really important preference of the AI - it has no emotions, feelings and it doesn`t sympathize to someone. And it is possible that we`ll see more interesting analyze from the AI. It would be better if all decisions had to be from decisions made through our own plans even though we predict or bet on AI assistance.
AI can only help provide the information we need and the rest of the decisions are up to us and don't really believe in anything the results of AI always consider will be much better. It is some sort of guidance or like advisor on you. But still this depends on someone but having like checking what are the odds of winning this team vs the other can add up to your analysis. Still there are factors that that AI was not trained so still having your own predictions are the best because let's day on that game the person is suffering some injuries so probably the prediction wouldn't be the same |
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The government manages and controls everything about us, so sometimes we get annoyed with them. But their role in our society, our lives is undeniable. I don't think we can survive and can live well without an organization to lead and run us. Lions or wolves also need a leader to survive, what would we humans be like without a leader?
But there is a sad fact that current governments do not do their job well, they are greedy and selfish rather than thinking about the interests of all mankind. And I think that's going to get worse and worse, it's not going to be fixed anytime soon, and it's going to make our world even more chaotic.
We cannot avoid their actions and laws because we are under their jurisdiction, so what we want to do must be communicated to them. You are right that it is important to have a leader for the order of the constituency. But almost of the leaders are selfish so what is happening is that our country is getting poorer. Most of the leaders also want to expand their territories which causes trouble in the countries. So if we elect someone, it is the one who have the potentials to provide development and peace to the country. That is really good but its better if the leaders are more into people like they are listening to people like building roads, bridges as it can generate profit both people and government. Also they shouldn't be corrupt because that is really the problem starts because it should be used for development for the people and for the country. People should be first rather than the improvement of country like military and etc |
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I think bad news sells better than positive news. Most of this negative news aren't accurate or correct. That notwithstanding, cryptocurrencies are Hot Topics and the media will want to leverage this to sell.
But I noticed more that those bad news affect the market a lot than good news because people are panic selling and other instances happen. That is, it affects a lot, but in Forex, all of the news is significant, which is why people really read a lot of news. In cryptocurrency, there are only instances, but still, it affects a lot in the market. |
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Working as a civil servants have always been my thing, I work from Monday to Friday which to me is normal, I feel proud doing it until I started trading bitcoin.
Trading started making me see things differently, because I no longer wait for my monthly salary, now I earn money daily and week, due to the kind of large amount of money I make in trading I fell out of love for my civil service job, because the money is small but it is still a decent salary.
Note: in trading I earn base on performance, but even though the market is too bad, I still earn a decent amount of money out of it in a month base on my level in trading.
My question is guys which do you prefer, a steady monthly salary which you know that no matter what, it must come once the month ends or a business/ trading/ any other thing which you can do that you earn base on performance and you have the capacity to earn ten fold of what a civil servants might earn if you are good at it, but there is also a possibility that you may have a bad day in the office which you may even incurred some loss.
Which do you prefer an why.
Lets not focus on money right now because we know thay you earn decent money from trading what you should think is that the stability I know there will be the time that youll be losing in trading no matter what. It is better to do both just in case the other one isnt going well. If you can do both at the same time then it is good as it is extra money on you. |
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Here is what happens to my friends and me and I am sure this is a reflection on different financial values and life attitude in general. Well, I don't drink any alchohol while a few friends of mine love drinking very much. They would gather to have dinner/drink almost every day(at least four times a week). I am often invited but due to my no-drinking habit, I usually turn the invitation down. We are all family men but they are a few years older than me. Their children are much older than my kid so probably they don't need their fathers' attention and time. I always put my family first so this is also one of the reasons I don't join them that frequently. Financially, every gathering meal/drinking is not cheap because it involves a lot of drinks and dishes. The average cost of such dinner/drinking is equivalent to 1/5 the average monthly income in the city where we live. So every month, the cost for these "gatherings" consumes all the income that a man can earn for months. This is considered a huge waste of money in many people's eyes cause most people don't earn much. Although I don't drink, occasionally I will treat them and pay the bills for the guesture of friendliness. Do you think my friends' lifestyle is a waste of money and time ? How much do you spend on such gatherings on average ? Please let me know.
those people are still trapped in the matrix of activities such as negative activities and only waste money and time and damage our health once in a while its okay but if 4 times a week it has become a bad habit activities like spending a lot of money it can be 250 $ More than doing negative things, it's better to use the money for activities that are more positive and more useful for our family and friends for sure youll be spending more and you'll be getting health problems. on a monthly basis it is okay but if you'll spending a lot than your basic needs then that's the problem, for sure his wife or his family is really problematic on his behaviors as he always go home drunk. If he just cut it half or make it once a month for sure he could saved a lot and even mor enjoy the life without alcohol |
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I don't invest money easily in any asset because of fear of losing that money. i think of investing 80% of total savings.
do taking risk is important or not?
please quote all question and answer it's very helpful for me and others.
Investing 80% of savings is not a problem and if you can't take investment risk you can never gain and never get rich. But it should be remembered that never the entire fund can be invested in only 1 asset. If you do this then you will lose a large amount if there is a loss. Investing in Bitcoin has a lot of potential but no one can guarantee you how much profit you will get from it in a given period of time. You can invest in multiple potential assets like Bitcoin, Gold, Real Estate, Stock Market, Agriculture, Bank FD etc. So hope you can gain something good. I am not giving you financial advice just sharing my thoughts Without risk you cant gain any , even those people who got rich that comes from the scratch they also take risk but only a calculated one that they have a high percentage of profit. Also if you are really scared in taking risk then for sure you'll not be going somewhere, that is why others will tell you get out in you comforzone and for sure you'll learn along the way. But again those investments that you are planning you should have knowledge on it to lessen the risk |
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I decided yesterday morning that I would buy 1 bitcoin from this dip market. But I did not have enough money. With which I can buy 1 bitcoin. I had an Fixt Deposit of $ 6,000 in the central bank. And the bank would paying interest at the rate of 5.5% APR. I broke it down yesterday and decided to buy Bitcoin with that money. But with this money I will not be able to buy 1 bitcoin. On the other hand, my dream and desire is to buy 1 bitcoin. I then decided to take a loan and applied to the bank for a loan. But I told the bank that I would use this money for business. The bank agreed to give me a loan of $10,000 at 10% APR interest. I take advantage of that opportunity and take out a loan. And the remaining $ 4,000 I borrowed from my uncle and promised to pay him 8% APR interest, which is more then bank interest. Finally i bought just now 1 BTC price at $20,000. It gives me a different feeling That feeling I have never had before. I think if I hold this bitcoin for 2 years I can get 100% -500% profit. Then I will be able to easily repay my debtors with an average interest of 18-19% in 2 years as an average of 9.something% APR and I will be able to keep a huge profit.
literally for me i don't really recommend taking a loan from the bank and make an investment if you're not sure it can be profitable or a loss you should always think not just once but twice if it's worth given a shot. risky is always there in making investment since it has ups and downs so you better think first, you can buy a little or if you have extra money then but you should invest what you can afford to lose. But again OP has already purchased it and we don't have a choice, for sure he has a hard time in the past months but right now he already seen green from his investment unless he ain't sold it in the past months. What I've suggest is that continue holding more a year or 2 after the halving to see the result. Also I've just got a question in my mind to OP is he still paying the loan? or he already paid it off? |
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My most important question: Which is better, staking or investing?
investing is better than staking in my opinion because investing must be precise and productive in order to provide future benefits and can be used as short-term income but I don't deny that staking is also good if we do staking without money from a personal wallet, I usually do staking from the results of the airdrop and bounty prizes that I follow Investing is like you can control over things but in staking it is like it was locked up on the span of time so that you can gain profit. I also do this mostly on signature campaigns before as well as airdrop but i am not really putting money on staking , i do usually invest on those promising coins. But still this depends on the person as others wants this as for sure they cant touch their money for specific time unlike investing , but for others investing is that you have freedom and wide variety of choices. |
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