I think it would be smarter to just focus on what you could do and how you could improve, otherwise you are not going to get any better at all. I realize that it is going to take some time, but if you could be better at what you are doing, then you are going to do a lot better by realizing the profits come with losses time to time. It's very crucial to make sure you are fine with both of them and can move on without trouble.
A very misconception about trading specially into those newbies or people who do really think off that crypto trading would really be the solution for them to make money without even trying out to realize thats not how it works or its never been that so simple. On the time that they do step their foot into the market then they would definitely be able to experience that bitter-sweet thing on which its not something that you could really be able to acquire out in terms of profitability if you arent really doing something good with your trading.In overall, living on this world is never been that easy or simple, you would be needing to work for you to sustain and survive on day to day living on which this could really be acquire on having some job and if you do have plans on having that no financial problems or simply be that financially that independent then of course it would really be just that normal that you would be finding ways and methods on which you could really be able to earn more which is really that more than with your current job. Rinse and repeat and you'll find yourself in to a situation or condition on which you wont really be that struggling in terms of finances which does basically means that living wont really be that a challenge at all. It is that simple. Even outside the context of crypto, life is not easy. You have to work hard, you have to move, and you have to do something in order to gain something. You cannot just expect the world to grant you a reward without putting any effort into it. Moreover, it should be reminded that the fruit of our labor, our efforts, is not always positive. Sometimes, even by doing our best and giving our all to something we are still presented by negative outcomes. However, that should not be a reason to stop trying, as again (stated by OP) it ain't meant to be easy. |
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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 everyone in poor countries suffers from poverty in terms of their standard of living and more have the opportunity to plan and make any investment including bitcoin. Likewise, not all residents of rich countries have decent jobs. This is a matter of the individual economy, unless you are referring to a state of crisis in which case it can impact all the economic status of everyone in that country. There will always be a division between poor and rich in all countries no matter what that country identifies as in economic context. To put it simply, I agree with you, not everyone who lives in a poor country has a poor lifestyle, and not everyone who lives in a rich country has a better economic status and standard of living. Hence, the area or location wouldn't matter as much as the individual situation of a person on wether or not they will be able to hold Bitcoin and invest. |
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The big question is, can such a move save an economy that is already in shambles?
This is my point exactly. These people are only making matters worst for the citizens of their country. They won't put the money saved to good use. Instead, they just mismanaged these funds even further. The excuse that they can no longer pay for subsidies is trash. They are just looking for excuses to stop paying. What's the point of stopping subsidies if everything in the country would become so expensive and increase inflation even further? Most of these politicians don't suffer the policies they make so they go about making any kind of policies they want. Agreed, most of the politicians and the rich won't suffer any difficulty out of this. So, without proper understanding about the common man's life they just lift the subsidy provided to the suffering people. This shouldn't be done and surely those funds could've been redirected for something else that's unnecessary. Really these subsidies play a major role in common people's life. In my region fishing is done and for the same fishermen were provided with subsidy on fuel for the boat, at times it looks like whats the need for subsidy. In reality the income varies depending on the season and by those days this used to be a big favour. I'm sure it depends on each country and how the government handles the system of giving subsidies to the people, but this aspect can either be really good or cause bad effects on the general public. In my country, it has two contrasting effects. First, the positive one, is the people are able to use subsidies to allow them to have a better lifestyle (support for education, business, food, and daily needs). The negative one, on the other hand, pushes people to either be too reliant on these subsidies that they do not even work anymore or use the money for negative things (gambling, buying drugs). |
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Snip
Health is important but if you don't have money, how do you maintain your health? You want clean food, nutritious food, a healthy living environment, or using organic products…how can you get those things if you don't have money? So all need to be balanced, you can't torture your health to overwork, but you also can't be lazy for fear of affecting your health. Not only for retirement, but if anyone wants to get rich, saving and investing are always the most important and necessary things. I have never seen anyone get rich without any savings or investments, a hired job will never make anyone rich. Health and money are equally important in life. When a person is healthy but has no money, his life is very difficult to organize. Vice versa, someone who has a lot of money but is not healthy, cannot enjoy the money that has been collected so far. A person must be in good health when he wants to raise money, but without money it will be difficult to live a healthy lifestyle by consuming nutritious food. Both must complement each other, money is easier to find when you are in good health. Agree, a rental job never made anyone rich without some savings or investments. Old age will be guaranteed if you have savings or investments to finance all your needs when you are unable to work normally. Honestly, I find the importance of money the most important nowadays because when we have money we will get many things. I wonder how health will be guaranteed if we don't have money to eat clean food or if we have an accident and need a lot of money for surgery. If we don't have money, what will we do? Besides, when we are young, we should exchange our health for money because if we only know how to maintain our health but are lazy to work when we are old, we will see the harm of not having money. When you earn a lot of money, you just need to enjoy it when you get old and don't need to work, and that's called money can buy health. In contrast with that, how will we be able to gain money if we don't work? How can we work efficiently if we are not healthy? Health and wealth are interconnected things, if you don't have one then the other one will surely be gone as well. They are both equally important. You need money to maintain your health and you need to be healthy to ensure that you are well enough (physically, mentally, cognitively, and emotionally) to work to gain the money you need. |
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You have a point because there is new management on it, so for sure having to change its name and branding is a possibility because the original owner is not there anymore, and those people who invest to earn big on it have a responsibility to change it on whatever they want too. Also, I don't see people laving Twitter ber like the purpose is the same ,but correc m e if i am wrnng as i am not reall into Ttwiteer as i a into Facacebook but you ar righ right functions are there and stil what Twitttwitter before is still the same riht nowow so i don't really understand why.
Behind the change of name there used to be some reason and the same won't be exposed in the short time. Over time people will come to know or the real reason behind the new name. For now it looks like it is his tag letter, because almost everything he owns have got a X. Earlier it is the SpaceX and now Twitter getting rebranded to "X" which could make changes. I'm sure there is a reason for the rebranding of the name and specifically using X. Twitter or X, is still the same platform with some changes that the developers and its current owner believe to make user experience the best. Explanation as to why it is X does not have to be a big deal as it still remains to be the social media platform people use to connect. In fact, I agree with both of you about it not being a big deal. X or Twitter, it will still be used by many and it will not be the sole cause as to why the platform will (possibly) fall one day. |
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As a bitcoin supporter, would you consider adding bitcoin to your retirement savings, or do you prefer the traditional 401(K) or IRA? If yes, to what degree? 100%, 75 %, 50%? Also, do you think that accepting bitcoin into your retirement savings account is a form of the DCA method? I don't know about the traditional 401(K) or IRA but Bitcoin is naturally big part of my retirement saving. I guess the perception changes based on the location. I'm surprised by some of the answers here. This is 2023, Bitcoin already prove itself. Anybody who didn't put Bitcoin to their savings plan already lost big opportunity but it's not too late. Open a cold wallet and start saving today. Whether it's $10 or 1k worth of BTC, it will add up in the long run. I agree. I mean just by being here we can already state and claim that Bitcoin has already proved itself to a lot of people. I mean we are already technically a community that invests in Bitcoin and that is for a reason. Hence, it should already be a given that Bitcoin will be included in our retirement plans for saving up, along with other investments. Essentially, having BTC for retirement savings does not necessarily mean that is the only source of income you will depend on once you retired, instead it will be one of many. |
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When my bets were on loss, the bet value keeps increasing. This is kind of thinking in my mind, need to recover what have been lost or end gambling for the day. In such a way to recover mere $50 I've lost $500 and all. This is really foolish and while gambling we don't understand. After the funds gets emptied, I used to think if I had stopped at the initial loss what could've been the result is just the loss of $50. One should not do this and this is really foolish attitude.
It's like wired in our brain that after a series of losses and bad beats, we are bound to win, and with that we should bet huge amounts. I get that line of thinking too, sometimes, although I manage to control my emotions and not give in to the temptation and chase the losses. Self-control is a skill and talent that gamblers often lose in the heat of the gambling session. It's something that every gambler must have in order to not lose money in the long run. |
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`
Well, the debate is interesting, because I had not thought that one as a player has the right to win a certain part, and not a large part, that limits a lot, in fact I have that doubt, because if I enter a casino I can win the amount whatever, within the possibilities it is, in fact if a casino limits that option it is very badly done and it is not something reliable, so I think that nlso casinos do not limit the fact that one can win more than what is believed, in In this sense, if a casino applies that, it seems dishonest to me, and they would be new casinos or with many options of being scams, in the case of nominal, reliable casinos because they are highly renowned in the forum, I consider that if pse can win whatever As long as you are lucky, it is allowed. Now, when playing with a very small balance, if I see that the chances of winning large amounts are somewhat difficult, but it is difficult and not impossible and obviously it is allowed to do so, whoever says no, I think they are very wrong. , however, with a balance of 10USD you can even win 400usd in a slot machine, and I say this because it has happened to me, so it is allowed, now to take it to great profits, that is to say to balances that are above the $10k if I see it difficult, because it is something that requires a lot of patience, knowing how to play, the truth is that I see it as complicated, although there are people who are experts in slots, because they play very regularly. Not only in slots, but also in other games, such as dice, there are great chances of winning in doatoss because there are many things that can be done, some win with the most dangerous strategy for me, which is the martingale , others apply multipliers and hit the jackpot, increasing their balance in an incredible way, others with crash, with Black Jack, but that is with a good stroke of luck and with a lot of daring. Really, casinos, which are built on people's dreams and wishes, will let you walk in and grab as much money as you want? Its hilariously naive. Casinos have always exploited our innate flaws, not to award lucky people like you enormous winnings. My friend, dopamine matters. Every victory, flashing light, and prize sound is designed to attract your attention and make you desire more. Like millions before you, you believe the fairy tale that you can make a lot of money from little. Martingales and multipliers are plans and methods. Remember that the house always wins. These are clues in a maze that hold you in hope and fear. Casinos are specifically designed to make you hooked with the games that they offer. They will get every penny that they can from you and will have no remorse in doing so. They might throw you some bone every now and then, but that bone, they will surely take again and then some. Those who have won huge amounts from casinos and quit are the true winners, and they are very few and far in between. |
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Red Bull came with a car that was a little faster than their usual self, which I was a bit shocked considering I thought they were focusing on next seasons car already and even a bit 2026 I am sure, but the fact that they improved on already the best car means that they will keep the title. This isn't good news, it's always fun to see new teams get better, and the fact that there aren't that many improvements reported means it's going to be a bit boring.
Any improvements on the current iteration of Red Bull's car is like a mockery against other teams. They have the best car across the board, across all races, and yet they continued to push with the car that helped them win many races. At this point, we don't know how good their car would be for the next season if this current season's car still has some room for improvements. Even if McLaren, Ferrari, or Mercedes get lots of improvements with their cars, i don't think it can still come close with Red Bull's. |
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So many games in Dota 2 section but I had no idea the TI qualifiers will begin today. Funny or not , what is Execration doing here ? We learned from them that they are not capable to play high tier Dota if they play outside SEA. They had 3 majors runs this year and all of them were a failure  because besides Talon , SEA teams are really having a hard time to play Dota. Same goes for CHINA region , who top players and team are playing into SEA pubs because CHINA dota is maybe in the lowest rate of players. Everyone in the region is really failing to post impressive results on their recent runs. The Chinese teams and powerhouses are also failing to finish on top of the placements. I’m really curious as to how far would Chinese and SEA teams go in this year’s TI. If we are to follow the ‘pattern’ in the TI championship, it should be the Chinese who should win this year’s most prestigious Dota 2 tournament. But with the current state of Chinese dota, I guess we’re far from it. |
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Back then, I gamble because I don't have nothing else to do on the weekends and I have some extra money to burn weekly for my entertainment and leisure. I'm not the type of person who indulges in shopping, expensive hobbies, or social gatherings, and thus I see gambling as a means of 'entertaining' my self by playing with my chances and numbers on the screen. I never won anything significant over the course of my weekly gambling habit, but it sure helped me kill lots of hours before I need to function again. I don't need to win, though it would be a nice thing to have honestly.
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Pera mo yung nakataya kaya dapat talagang handa kang mag extra effort para matutunan mo yung takbuhan sa industriyang pinasok
mo, hindi lang basta invest lang tapos antay na lang.
Dapat updated ka at sinusundan mo yung progress at development para hindi ka maiwanan sa lugawan pag may biglang spike or biglang dump.
Ganito naman talaga dapat pero aminin natin na hindi lahat ng nag-iinvest sa crypto ay may kusang maglaan ng panahon para alamin kung ano yung pinapasok nila. Dahil kadalasan, ang pagiging hype ng isang coin ang nagbibigay sa kanila ng interes para subukang mag invest kahit walang knowledge tungkol dito. Isang pagkakamali na saka lamang nila ma realize kapag nawalan na sila ng pera dahil sa maling desisyon. May point ka dito. Madami sa ating mga kababayan ang masyadong na a-attract sa hype o "trend" na nababasa nila madalas online na nagsasabi na kikita sila ng pera sa crypto. Kaya naman kahit wala silang background o kahit anong kaalaman dito ay papasukin nila ito. Hindi rin naman natin sila masisisi lalo na sa panahon ngayon na halos lahat ay nagigipit sa pagtaas ng presyo ng mga bilihin sa bansa. Ang magagawa nalang natin ay mag paalala na mas mabuti pa rin na may alam at naiintindihan ng buo ang risks at rewards sa system ng cyrpto lalo na sa mga taong kakilala natin na interesado sa crypto. |
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I think with trading they will be a provision of food in our table, when we understand the rules and regulations of Bitcoin, I don't know if this my concept can make a provision of food through Bitcoin. But I'm well convinced that with this my views over Bitcoin investment and trading it will provide or sustain human, if profit are been made. I know that Bitcoin should not be dependent on, and we suppose to make Bitcoin our side hustle but with seriousness on Bitcoin investment and trading, we can achieve a success.
It could be not like that even if you learn it. Because in trading, there are sellers and buyers in one system, in this case, there will be advantages and disadvantages if there is a trade. So if there are food in your table, on the other hand, there is an empty table for people who have suffered a loss. So, you also have to think about humanity on how to minimalizing empty food on other people. We certainly hope everyone who invests in Bitcoin will get a profit but in fact, not all people (100%) got the benefit, there will definitely be a loss where buying your bitcoin on ATH. The point is, you cannot rely solely on Bitcoin for your annual budget, especially for food. It is unstable and too much of a risk to do. As you stated, not everyone can get profit, at most not the same amount, and with inflation still around and being heavily felt by the majority of the world, it is very risky and wreckless to depend on Bitcoin for food budgets. Because imagine this, you rely on Bitcoin to provide money for your daily food and something tragic happens and you are not able to gain profit, the exchange became too low and it is not enough to buy food for everyone in your family, what happens next? Where will you get food? |
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I believe the topic speaks volume for itself as it is already self explanatory.
This question was born out of a real life experience where a petty trader was publicly harassed by some uniformed security personnels claiming to be some police officers and after some investigations the security personnels claimed that the woman aided some criminal activities as well as some internet fraud simply because she made her private exchanges public and the government as some point also frowns at the use of bitcoin in my country.
Now my worries is that, this singular act has driven alot of fear to some low key bitcoin holders in my neighborhood even myself and there are shops I hope in town that operate physical exchanges.
~Do you think those dealers are safe?
~And what's the fate of physical cryptocurrency exchanges(r) in your country?
Let's discuss
Personally I never used physical locations to buy bitcoin and to be honest I don't think I would ever do it simply because it means that whoever is there in that moment will know you own some crypto. Maybe you bought $10, maybe you bought 1 bitcoin, who knows, in any case others don't know and they may think you own a lot of bitcoin so, government aside, there is also a personal safety issue. I agree with you and I am the same. I am very uninterested in physical exchanges or any personal transaction regarding crypto. Not only is it unsafe for me, it is also unsafe for the one I am transacting with. Moreover, it is very hard to trust people especially when it comes to financial transactions. I would rather do everything online where I have the means to stay under the radar and keep my identity hidden by being as anonymous as I can. There is still risk doing that but not as much as doing physical transactions and exchanges. |
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Monetary problems, of course not everyone knows, those who have received economics lessons at school or college will understand monetary, the monetary crisis that has occurred in my country and even occurred throughout the world is a complicated problem that is not easy to solve, we as people who actively working, of course, you must always be vigilant with monetary matters, and of course, continue to look for sources of income so you can survive.
The information that you can find at schools related to the economy is terribly biased, many economists and those in power do not even learn about the role that gold played for thousands of years, as if fiat currencies have always been the dominant currencies and not an experiment that has been around since the seventies, it is because of this that economists do not understand bitcoin either and why they want to change it to resemble fiat currencies as that is the only system they know. I agree with you on this. It is heavily noticeable how various economic textbooks are either just being revised or copied over the years. The ideas are all the same despite the obvious changes and innovations that took and are taking place. It is the way economists are all stuck with their ideas and are too comfortable with what they already know that hinders changes. I mean think of it this way, many individuals' knowledge about the economy is from textbooks and articles that are produced and written by these said economists hence these individuals are also just being stuck with the same ideas and beliefs. |
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Thank you for the source. This is what I mean by stating that it depends on various factors. This example shows how economic status and the environment of the place affect productivity whether it be at home or on-site. The study that was mentioned's scope is far too closed off to conclude that everyone have the same experience. Different country, different financial capacity, different environment, and different attitude of individuals needs to be considered in this type of research as well as the study's scope before a conclusion is made. |
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You just cannot trust these stablecoins or altcoins, as most of them are made, not to give us financial freedom but for their own benefit.
Only Bitcoin is the one on which we can trust.
They are control freaks. PayPal doesn't have a good reputation since they began their campaign to fine their customers who speak against their policy or something. Terrible company. I predict that we would see them too do something like applying for an ETF their own version in the payment space so that they not only have control over users of their stable coins but user who use Bitcoin on their platform. It is safe to use them for a quick transaction but never leave your money there. PayPal is all they can to buy back the goodwill of the public because they already have a terrible rep. Avoid PayPal stable coin, avoid altcoins, memecoins. They are not good for your mental health. I have been reading a lot of negative feedback for PayPal but I didn't think it will be this bad. Seriously, they want to control our money and assets so bad it is ridiculous at this point. I also saw some posts on social media that PayPal either takes down negative posts about that regarding bad user experience or sometimes they are being sent emails regarding legal actions. It is obnoxious. I mean, agree to disagree but none of those negative statements will even be made if they have a good policy and safe user experience. Honestly, I agree with you, avoid PayPal stable coin, altcoins and the likes. |
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For our financial security, if we have large amounts of money, dividing the types of investments is a good and safe thing, as we know that the higher the opportunity for profit, the greater the opportunity for loss, the profit and risk are always proportional, so placing money in types of investment from low to high is the right thing, real estate is a low-risk type of investment so we can use 75% of assets while cryptocurrencies that are at maximum risk are 10% of assets.
Great idea and good explanation which I totally agree with. You have the money hence it is best to be smart about it. Having various investments may amount to various risks but it also means higher opportunity for profit. And yes, I agree that it should be divided based on the level of risk each type of investment presents. Personally, I will also put more than half of my money on real estate and the rest on business and cryptocurrencies. The two will depend on the state of the market and the economic status of the country I live in. |
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In my opinion, the important thing in developing capital is to continue to expand business and maintain a simple lifestyle.
Why is that..?
There have been many incidents among some young entrepreneurs who have just started their business and have only gotten a meager profit from the results of the business they do, but they have changed their lifestyle to become hedonic and consumptive behavior which ultimately leads to the destruction of the business they are running. Hedonic behavior is often influenced by the friendship environment and sometimes when we have the upper hand it makes us arrogant and only friends with people who are at least at the same level or higher than us which further encourages us to behave hedonistically.
Actually, it is not a problem for someone to behave hedonistically. However, it needs to be underlined that it is not a problem when we are able to do that where the business we have already has branches everywhere and has big profits.
Don't let the business we have not run smoothly and the profits are not enough and also the business and personal needs are not fulfilled but instead you force yourself to behave hedonistically and consumptively
Live within your means and spend what you are willing to lose. I live by that, and I will pass it down to my kids for sure. I agree with you on that, sometimes when we get a taste of success (specifically in the financial aspect) we push ourselves to reward ourselves too much that we don't even notice that we are spending more than what we initially earned. Instead of this, we should learn to be smart about it and make it a goal to double the profit we got. Remember that earning will always be harder than spending. |
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They’re all slowly coming on board but it’s still a long way until absolute worldwide adoption. Banks are starting to offer crypto services, eventually they all will or risk becoming obsolete. Bitcoin will have a huge part to play in the future of finance so it’s a good idea to buy as much as you can now.
It probably will someday, but it will still take some time. As ideal as it is, especially for us who have known and understand Bitcoin and the system, there are a lot of factors that need to be considered and will come into play in terms of absolute worldwide adoption. The most prominent one is of course the legality of it. Some, if not most, governments will either fully be against it or be 50-50 with the idea. It will take years as legal discussions and debates will surround this. It will happen but it will take a long time from now, and hopefully a more understanding legal system for each country. |
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