I think the whole issue of economic downturn is to alert citizens about how their finances will be affected.  however, having a Side job will also improve your cash inflow.

But one major aspect to surviving this period is to reduce your spending,  cut cost on things ordinarily you don't need.  Because prices of goods and services will be inflated, hence the need to spend money on the basic things you need and also make out time to save the little you can.

Hello Everyone,

I am not speaking about just Bitcoin. I am speaking about every cryptocurrency / token.  Regardless of crypto price fluctuations, many online and offline stores are ready to accept crypto as payment. So How will willing are you to spend crypto for your purchases?

If one doesn't spend their crypto for purchases and wait for to spend their crypto when its price is nice, are they really considering it as a cryptocurrency or can we assume like those people are treating more like a security or investment instrument?

I think there are lots of money in circulation and since government can print more money. I know what you mean about it and I really understand the situation. It's people who can't find job that's why it's hard to earn money even in online.

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.

Remember it that putting your money in the education is your own investment for your own future so don't waste your money for saving it because of inflation and when you receive it back from bank no much value of things that you can purchase with it. Don't stop your education because of difficult. Keep struggling to succeed because in the future you can use your certificate to search for job and education give you above some people who have no knowledge in your field and that is your advantage.

Any life you have lived and you can't give it to your children to live that same pattern of lifestyle is as good as nothing but a waste of time, also anything you will do and later regret your actions taken is also a perfect means to waste time, the last one is the worst here, any kind of life you will live and it affects your physical or mental accuracy and well-being is a total waste of time and money, you know some bad things you always do and your inner conscience always fighting you against doing those things, yet because of the pleasure you finds in them you keeping repeating them, all were nothing but a waste of time and resources.

Those without higher education think they have to succeed otherwise they'd be doomed. While those people with higher education always have a fallback if they ever fail. That's how useful that is. They can always have a plan B.

There is only one way to go for those without higher education because they don't have a fallback. Entrepreneurship without higher education means striving hard to win because thier critics are like vultures laughing if they fail. But it must be rewarding once they win.

I think so because more and more people are trying to sell their goods through social media. They try to sell the goods to their friends; many are satisfied with the goods and recommend them to other friends. This is what makes social media has changed from just a place to socialize to a place to make money and we have seen many people who have succeeded by selling through social media. People are doing this to survive this pandemic and many people have already lost their jobs in real life so they are trying to sell something through social media that works.

In some conversations that I have had with some rich people who are old, they most times always say that they invested in real estate and that was how they made some fortune. Young people understand that investing is key and paramount to securing a better future like these Old rich men did then, But the question now is what exactly to invest in for young people. Is it wise to follow in the steps of the old rich men who had investments in Real Estate, or do they completely now invest in cryptocurrency? The answer is sometimes traced to the one that offers the lowest risk and loss of capital.

The less riskier from Real Estate and cryptocurrency is Real Estate, but less risk,, less reward. The risk that come with the higher volatility of cryptocurrency makes the profit that can be gotten bigger. Will you go for less risk, or big profit?

You don't have to wait till the government provide you with job before you can get independent of yourself, one need to employ himself, learn trades, makes sales, create values, render service and engage in any legal means of getting money, not everyone working under government were successful in life, we have a number if entrepreneurs being successful in life after they have learnt to be independent in whatever they do.

If someone wanted to get rich then they need to create their own opportunity, and talking about poor they do wanted to get rich but for many reasons they can't no matter how much they make. Main reason why everyone can't become rich is simply they don't know anything about how money works even though they use it everyday, they spent money but not give importance to savings then how they can invest and make returns?

I wonder if higher education will help for entrepreneurship?
I am more interested in how much theory will help in this, because during a long study we do not get practice, this will be possible only when we start doing business, until that moment we will not be able to know how much it will help us.

This can help us if we need a license, but in some cases it can be obtained without a higher education.

Statistically, 95% of entrepreneurs have a bachelor's degree or higher and I wonder, for those of you who are involved in entrepreneurship, how useful was higher education for you?