What I feel and become the biggest obstacle is I'm afraid to take risks, I have opened a restaurant and the result is a failure, since then I always think a lot to start a business again because I don't want to fail continue, and now I try to produce t -shirts at prices Cheap and I will market 2 or 3 more months.
I totally agree with your perspective that "Fear of failure is the biggest obstacle to achieving success". All of us pass through such kind of situations in our lives where opportunity knocks our door to alter our fortunes but we let it pass by and later we regret. However, Risk is associated with all kind of investments to some extent, but we need to develop risk assessment skills to manage it. |
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Regardless where we live, money is our top priority in order to survive and thrive. Having enough money to fall back on means we are entitled to more choice and possibilities. Like it or not, we are chasing or being forced to chase money in most phases of our life. Financial freedom has been most people's ultimate goal for decades, if not for centuries. To achieve this goal, we will encounter endless challenges. Each of us has a unique life situation so what is your biggest obstacle to achieving it ? I know we can make a long list of problems but there must be one or two primary reasons that really hold you back. This is where we should focus and I would like to hear your story. Thanks.
The common obstacles to achieving financial freedom inadequate are income or savings, poor financial planning, unexpected expenses or emergencies and tendency to living beyond means. All these factors can make it difficult to achieve financial freedom, however by setting financial goals and implementing right strategies, it is possible to overcome these obstacles & achieve financial goals. |
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I will draw my teaching from this sub topics below;
How do you increase capital investment and make more profits?
If I am understanding you correctly, you are talking about wealth creation by making investment in yield generating products, like fixed deposits where you get fixed returns on your investment & you can grow your capital faster by compounding your returns. Another option is to buy shares of the companies those have good historical record of paying dividends and increase your capital. These are all conventional methods. However, I would suggest you to use your savings to buy and accumulate Bitcoin regularly and hold it for long term. This strategy has the potential to be the best way to increase your wealth and transform your life. |
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Bitcoin has become a joy in everyone's life. Everyone can invest in this Bitcoin. Bitcoin will fulfill the dreams of many poor people. I also love Bitcoin a lot. I can't imagine anything without Bitcoin.
At some point the price of Bitcoin will increase a lot. My dreams will come true. Bitcoin will fulfill the dreams of thousands more people like me.
Indeed it is a joy and positive feeling to many individuals including myself as Bitcoin has transformed the fortune of many middle class people who have strong faith in Bitcoin & recognized its potential to become leading digital gold & outperforming asset. They invested in this precious asset at the right time and now they are harvesting huge benefits from their wise investment decision. |
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Asslamualaikum!
Issi ky zimar my mujhy ek news bhi mili socha ap dosto sy bhi share karta chalun.
To news ky mutabiq iss waqt Russia my sab sy zyada trade hony wali Currency Chinese Yuan ho gai hai. Matlab ap sab dekh sakty kesy ye 5 countries (filhal 5) mil kar apna danda mnwana chah rahi hen. Or mujhy ye kafi hadd tak kamyab hoti hui bhi nazar arahi hen. Kher phr bhi dekhty hen kaya hota hai. Baqya ap iss article my dekh sakty hen.
Walaikum salam brother, although it is an interesting development, but this change won't happen overnight. es ki acceptability mein bht time lagy ga, ku K pori duniya mein jitna trade hota ha uska sirf 3% chinese currency mein hota ha baki 97% trade mein zayadeh tar US dollar or EURO hee use hota ha. US or European banking system bi bht deep rooted ha, Chinese banking system abi us level pe nhi ha. although chines economy ka size bi ab bht bra ha but still it is 2nd to US or chinese economy mein wo openness nhi ha jo US or Western Europe mein ha. Aaj bi duniya bhar k zayadeh tar free lancers ki earning US based comapnies se hee hoti ha. https://finance.yahoo.com/news/could-china-yuan-replace-u-163600681.html |
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as we know today btc is in the range of 28000, and i was very lucky to be able to buy btc when the price was still low, and now if i sell it i have a profit but if i sell it now i'm afraid i won't be able to
buying from the bottom again,, and I'm currently struggling to hold btc so I don't sell it,
I want to ask if you also keep holding btc?
and the reason I hold btc is because I believe the price of btc in 2024 will be high and there will be no more btc prices like now.
I am also a strong supporter of Bitcoin, and firmly believe that it is a digital gold & can potentially change our fortune. In order to maximize the benefits of Bitcoin, we should continue accumulating it during the bear market by taking advantage of every significant dip, and continue holding it during the bear cycle, no matter how lengthy the bear cycle may be, but eventually it will come to an end, and you will reap the huge reward on your investment. |
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I see Musk as a strategist. He only works with something that will be beneficial to him. It's quite uncertain to me whether Musk's public show of interest in cryptocurrencies was/is purely to boost Tesla's value cause now he claims he is interested in AI. In my opinion, it’s still facts that Elon had to do what he did with crypto cause he found it beneficial for him. Also, considering his announcement in 2021 when he chose to drop Bitcoin as a payment option we could see the impact it had on Bitcoin. He may not necessarily be promoting Bitcoin cause he wants to live through that, he only uses things for the benefits and jumps onto the next just as he’s about to do with AI
Indeed, he is a smart businessman and won't do anything without purpose & with millions of followers on twitter, he can influence the market to great extent for his benefit. We have witnessed huge market reaction after his tweets about crypto. His involvement in crypto industry has added value to this industry as well as created interest of general public in crypto because he is generally regarded as a successful entrepreneur. |
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swing trade is also good and bad it's everyone's own choice, but i added that point because it is good in ^ a way
Swing trading can be profitable strategy for those with good technical skills/understand chart patterns and have ability to capture short term profit opportunities, either by taking long or short position. Unlike day traders they hold their position for few days or weeks until they can close their position in profit. However, this strategy is also associated with risk, particularly when you do margin or future trading. It is always better to use risk management tools to avoid sudden and unexpected losses. Using risk management is always important to mitigate potential losses and increase chances of success. |
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I still dont think its the currency itself which provides the opportunity, its a conduit not the total destination. You will still need a good idea and a business that benefits from the BTC revenue, once you have something to build then possibly crypto and its presence in the online world is a good thing that helps a person or business gain more then they would otherwise. Still I expect alot of failure from any startup within this sector, I dont think its easy going.
You are correct that it's not going to be so easy to achieve financial independence through crypto currencies, it will need creating workable plan, setting achievable goals and executing them regularly. One possible approach could be, consistent investment in Bitcoin during significant dips by using dollar cost average (DCA), waiting for the return of bull market and eventually selling at your target price. By doing so, one could potentially maximize profit and work towards achieving financial independence. |
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Pakistan ma Law sirf necha valya tabqa ka lea hy Elites ko hr tarah ke protection hy. Establishment jo khal 75 saal sa khel rhi the wo Imran Khan na 9 April 2022 ka baad kafi had tk open kr dea hy. Ab sub ko pta chal gya hy ky Army or corrupt politicans eik he coin ke do sides hn. Agr Imran khan dobara government ma a jata hy to phr may be wo apna porana experience sa kuch seekh ly aur Law reforms lya. PDM ma jo parties hn un sa to koe tavqa nhi ka wo kuch krn gy Qanoon ke hukmrani ka lea.
Brother, It is very unfortunate k 75 saal guzergaye Pakistan ko maerze wajoud mein aai hoi or esky bawajoud na hamra koi kable tareeg political system ha, or na hee hamari economic condition behter ha or na hee yehan ki judiciary aam admi ko insaf deti ha. Kahny bko hum pehli Islamic Nuclear power han mgr state awam ki basic needs ko bi pora nhi ker paa rehi or tezi se bankruptcy ki trf br rehi ha, En sub failures k bawajoud mujhy yakeen ha hamari new generation well educated or dynamic ha or wo aisi leadership ko elect kere gi jo Pakistan k sub masail ko address ker saky. Insha Allah. Hamein Allah se behtri ki umed rekhni chaye. |
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Banks are often detrimental to consumers, if we lose money without our knowledge and we want to complain then we won't be able to return it, it's time for us to leave the bank because they only use the money we keep in the bank to get big profits for them.
It is true that depositors are the cash cows & banks use their funds to generate profits, but this is how banking business model works, and it enables them to provide various services to individuals and businesses. They also provide facilities of saving accounts, credit cards and fixed deposits which can benefit us if we use them wisely. Banks play crucial role for the economy, as they facilitate transactions and provide credit. The main issue with current banking system is that money consistently loses its value despite earning interest on saving as banking system operates on fiat currencies which experience consistent depreciation due to rising inflation. Bitcoin is the best potential alternative to address issue of inflation as it has limited supply. |
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Have something for holding and separate the funds for trading ok? that must be on the list and you must literally learn from that.
sharing the funds for trading and holding will be serve you mistake in decisioning , we must understand that in crypto? nothing is certain but speculation , that is what we need to take and only invest the funds whos in not so important needs.
It is a good idea to divide portfolio in two parts, one for long term and other one for trading purpose. Bitcoin is the best asset to hold in long term portfolio and 2nd best is Ethereum which has very strong use case. In order to generate profit in trading & increase worth of portfolio, learning technical skills is important to take right buying and selling decisions at the right time. Additionally, good knowledge of risk/money management is equally important to prevent major trading losses. |
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Well in the past Bitcoin followed what the nasdaq index typically did. When the nasdaq went up, so did Bitcoin. And the same was true when it went down.
So if the CPI Is high it means higher fed rates and lower stock prices and hence Bitcoin should go lower which it did. However for the past few days Bitcoin hasn’t been correlated as closely. Basically Bitcoin went up and stocks went down.
But if the old trend returns then higher CPI generally means Bitcoin will head lower as stocks head lower.
It appears that correlation between consumer price index (CPI), stock market and Bitcoin is weakening, largely due to successive collapse of Banks in the USA which has resulted in loss of confidence in fiat system among the public. This paradigm shift has created new interest in Bitcoin and led to steady increase in its price above 28,000, and it is likely to surpass 30,000 in coming weeks. This has changed market sentiment from negative to positive and most of participants think that Bitcoin was bottomed out at around $15,000 in 2022 and we may never see that price again in future. |
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Ap na theak point out kea asal masla he ya hy ky hmarya Imports zayda aur exports kam hn. Hm loan leta hn aur us Loan ka boht sa hisa to Cars import krna py karch ho jata hy. Filhal to koe government hy he nhi jo pojuda financial crisis sa County ko nikalna ma serious lagti hl. Hum agr kuch kama bhe lyn through Textiles and IT to corruption itni hy ka uska major portion top ke corrupt tier ko chala jata hy. Agr Pakistan ko agy ly jana hy to corruption ko jar sa ukharna ho ga nhi to ap jitni marzi income increase kr lyn, sub kha pee jyn gy oper ky log.
Brother, corruption bi bht bra issue ha or eski sub se bri waja Pakistan mein Establishment ka politics mein bht zayadeh interference ha jis se democratically elected governments freely kam nhi ker sakti or corrupt elite class ko establishment protection deti ha jis ki waja se Pakistan mein law sirf common man pe implement hota ha or elites ko immunity hasil ho jati ha. yeh sach ha k corruption ko kisi bi society mein totally eradicate kerna bht mushkil hota ha laikin es ko bht hud tak kum kia ja sakta ha jis k liye following steps lene zaruri han. 1- Effective law enforcement 2- Reform Public administration and finance management 3- Promote transparency and access to information 4- Empower citizens 5- Close International loopholes https://www.transparency.org/en/news/how-to-stop-corruption-5-key-ingredients |
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Setting rules is not gonna be effective with each and everything. With traditional form of investment this could be effective, where with bitcoin and other cryptocurrencies we need to take decisions according to the market situation. Only then it is possible to book profit. We may follow the rules and hold for five years of time, in between the market reaches the ath price. By the time we know it is the ath yet we don't sell. Further the market crashes, what is the use of following the rules. With cryptocurrency making decisions associated with the market movements were the best.
I agree with your viewpoint that we should take advantage of volatility of crypto market, which provides trading opportunities to make profit, if we take right entry and exit decisions, but it is not so easy, as it is very difficult to predict the next move of the market unless you are well skilled to make technical analysis and know how to secure your trade buy using risk and money management tools, in case market goes against your position. For newcomers in crypto market, it is always better to buy Bitcoin during the bear market and wait for bull run to book profit on your investment. |
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I would be extremely cautious with those articles.
Monetary control is one of the most powerful leverage in the hands of any government, so I see extremely unlikely a sovereign government is going to accept bitcoin. El Salvador already was a dollarised economy, as the legal tender was the US Dollar, so the government already lost that leverage. In the CAR case instead the economy was so tiny, corrupt and fragile, that basically every other state apart of the current one would be an improvement.
But I would be extremely cautious on other countries.
I totally agree with your viewpoint that Monetary control is a powerful tool in the hands of governments that they would never like to relinquish, however it is also possible that Bitcoin and fiat system coexist and function in tandem, and giving people freedom to choose whichever system suits them based on their convenience and preferences. The countries with high rate of inflation are more inclined towards adoption of Bitcoin as it is perceived as solution to the problem of excessive money supply. |
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ab ajayeen trade defist par jo 8 mah ka 18. 749 arab dollar hai aur is hisaab se salana trade defist 28. 124 arab dollar banay ga jo salana foreign rimtns ke taqreeban barabar hoga. aur jama kharch mein malik khud kafeel ho paye ga. yeh aik achi khabar hai .
G brother apne bilkul sahi kaha ha Pakistan ka main economic problem twin deficit ha ( current account or trade deficit ) jis k waja se previos 40 Years se Pakistan ko loans lene prta ha taky apny expenses ko meet ker saky or esi waqja se Pakistan Rupee musalsal depriciate hota ha. Es economic maslay ka hal yehi ha k hum apni exports ko boost kerin taky rupee bi stable ho saky or ultimately Pakistan ki economy stable ho sakti ha. Pakistan ki Exports 100 Billion dollars tak br sakti han next 5 years mein , agr koi achi economic team hamari economy ko run kere. IT or Textile sectors Pakistan ki exports branay mein main role ada ker sakty han. |
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The OP created this thread last month, and most of the members’ predictions revolved around that bitcoin will reach $30,000 thousand during the last month, but it reached 29,159 as the highest price it achieved at the end of March, and it was supposed to reach 30 thousand dollars and exceed this price due to the positive indicators, But the popular events and wars waged against exchange platforms, manipulation of whales, raising the interest rate, the USDC losing its peg, and more cases of fear and anxiety that occurred in the current period, played their role in destabilizing the confidence of investors and in making them sell what they hold and in making Bitcoin retreat in its upward march. At the time of writing this post, it is at $28,197, and this may be a correction stage before the strong takeoff, so it is just speculation, but we have to be steadfast and hold our bitcoins patiently.
Predicting Bitcoin price is very challenging because it is highly volatile and unpredictable currency, as its price can be affected by economic events and developments taking place in crypto space. This morning Bitcoin is trading below $28,000 which disappointed many people while most of the market participants were expecting it to go beyond 30,000. However despite currently prevailing bearish sentiment in the market, I remain optimistic that market will rebound and Bitcoin will surpass $30,000 during the month of April. |
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This is great news. It was in a gray area for some times now. Now it is finally official news. China is also showing interest in crypto again. And I believe that this will have a great impact on the whole market. I myself think that this is a great decision for them to legalize Bitcoin.
And soon enough, we will see more countries to join hands in making Bitcoin their legal currency. Congratulation to everyone in the Central African Republic, who have been waiting for this for a long time. It Bitcoin legalization keep spreading like this, other countries will have no choice but to accept it as well. Waiting for that day.
Indeed, it is an exciting news for all crypto enthusiasts who always welcome such developments those can help to increase wide-spread acceptability of Bitcoin. The list of countries where Bitcoin is accepted as legal tender is now 7 and hopefully once regulatory issues are resolved on global level, we will see greater acceptability of Bitcoin as means to to buy goods and services worldwide. |
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