Bitcoin Forum
June 04, 2024, 10:56:57 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 [84] 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 ... 306 »
1661  Economy / Trading Discussion / Re: Are memecoins tarnishing the image of crypto? on: August 04, 2023, 01:35:06 PM
Meme coins are only for the people who made an early investment in the project before it releases in the market and gets hyped by those latecomers the ones who lose most likely to their investment. The reason why newbies want to take a risk with the meme coins is because easy money, but you must need to make sure you are the first investor, I'm not getting to promote meme coins for me its part of the category if shit coins just hype. Risk at your own asset.
1662  Economy / Trading Discussion / Re: Trading tokens or coins, which one is better or gives more profits? on: August 04, 2023, 01:19:09 PM
Tokens are the crypto coins you are seeing in the market that are tradable that can give profit to you that can use for buy and sell. Coins are the tokens came from the blockchain project itself for example the Binance they have their BNB, the crypto.com they have their CRO, and the MEXC has their MXC. This is the simple explanation but not all of the coins are profitable, people want to risk these coins from projects can be a hype only and trapped that you cant make a withdrawal anymore, reason why ideal to make a research first before taking risk your investment.
1663  Economy / Economics / Re: How Long in Years Should I Wait Before I Close Down an Unprofitable Business on: August 03, 2023, 11:54:56 PM
Every time the community demands may varies, if your business is on the demand you can sustain this but as you were saying that the business you own is not making a profit anymore and more on outside cashflow I guess it's enough for your realization to make a move to stop that business and don't let your self think that it could recover people demands more and they want some new they really need.
Instead don't lose hope if your business fails always try again this serve as lesson and work hard to your financial freedom.
1664  Economy / Economics / Re: What's the effect of having plenty children to the national economy of a country on: August 03, 2023, 02:03:20 PM
Is there an effect both positive or negative to the county's economy when couples have plenty children?

But at the moment, what is the viability of having many children especially as it could reduce the per capital income.

In some country even mine have this kind of culture they make a lot of children because they are family-oriented so this makes them happy but this is not came from the rich family instead in the middle to low class family and this cause to them to make more poor, and someone their mindset are those children are the one who lift up them to the low class into high class, in some point its happen but not as always it is, they make their children as retirement plan, so some country make an offer of being a limit of a children to prevent getting over populated.
1665  Economy / Economics / Re: Reason why you will never become rich on: August 03, 2023, 01:58:14 PM
The first reason why you can never be rich is too much  responsibilities, carrying family problems on your head which we all know family problems are always around the corners and can't be totally eliminated. The best help to offer family is to put yourself in a better financial position,  don't struggle to help family,  struggle to put yourself in a better financial position then take away your from dependency. How do you take them away from dependency? If you have a company or business you are running or a connection,  you can connect your family members to your friends let them work for them so that they can earn their own money or you have a business you are running, they can work for you to earn their own money.  As long as their is still dependency they will continue to depend on you and demand from you.

The second reason why you can never become rich is not knowing how to use money. There are several ways money can be use :  spending,  savings,  and investing.  Many of us already know about spending and even when we spend we spend on things that are not really needed but just to impress people who don't care about you.

Buying liabilities,  things that doesn't have value five years from now.  Many save but even when money is saved,  it is done to spend and not to invest and the only way to become rich is to invest and not by savings.  So , invest in assets and not liabilities.

We cannot deny that there's kind of culture in that way on the first statement most of the family members keep supporting each other so they contribute their money even though they don't have left on them and I feel that situation too its one of the responsibility that we cannot remove unless you want to focus in your self, another thing is make your self educated with the investment and change your lifestyle, one of the best examples is there's a person who knows investment properly with their money, but the other one keep making a lifestyle inflation too which is their expenses increase and not to keep making an investment in the future.
1666  Economy / Economics / Re: Inflation overpowers the value of money on: August 03, 2023, 12:56:05 PM
Inflation is currently faced by different country and the percentage of it are continuously increasing of course not all the country are part of the third world that has a good kind of management by the government, some of the country need to seek more money just to sustain their economy and one of the best option is to borrow money to the largest countries funds, after that country who have a lot of debt makes more suffer if they cant pay at all or else they need to give some shares or depends on the agreement of the countries, reason why if this inflation increase the salary must need to increase too and not only the expenses of the people.
1667  Economy / Economics / Re: what do we thinking about investment target? on: August 03, 2023, 07:32:08 AM
There's inflation and also the demand of the investors for a particular product or service. It depends on the investor and its budget if you have just some quite budget with your investment I guess enough return is a must and you're not willing to take a risk yet unlike other people. who have already a good foundation of assets that are willing to take a risk to their investments.
Many factors affect those investments so it's hard to say if ideal to make a high-risk return or not. Also, the inflation right now is increasing which may affect the market value of the investment you have.
1668  Bitcoin / Bitcoin Discussion / Re: Don't expect everyone to embrace Bitcoin on: August 02, 2023, 11:27:07 PM
Not all people will support the use of the bitcoin, in few reason because they don't know what bitcoin is and they have face already the use of the bitcoin but they have a bad experience.
People afraid to use the things they know and it's one of the defensive mechanism so they afraid to take a risk what it is and ignore all this time, they just got their attention when they see the potential of it. Some people use the bitcoin already but the cons is they made a bad experience and don't want to happen this anymore. But if you are an optimistic person and wanting to risk like other maybe in the future it will gives a good profit.
1669  Bitcoin / Bitcoin Discussion / Re: Does cryptocurrency actually solve any problems? on: August 02, 2023, 01:50:07 PM
Been asked a couple of times, what problems does cryptocurrency solve, and what’s its unique value proposition compared to other cryptocurrencies or traditional financial systems.  Would love any other users take on this ..

Somehow it does, makes the transaction more transparent and secured, people previously got scammed by unknown sources with the use of cryptocurrency now you can use as heads up if the transaction proceeded or not but the problem right here is, they can still do the same just create a new wallet without activity but if you are making a transaction you can see now if the other party are really saying that they proceed the payment or not, also its being decentralized but most of the people keep using the centralized process because of being convenient. Also the crypto makes more easier to use as mode of payment just waiting for the confirmation.
1670  Bitcoin / Bitcoin Discussion / Re: Beginners, you don't need Bitcoin first on: August 02, 2023, 11:47:06 AM
You don't need Bitcoin first, What you need is a JOB, work on that first.
The point is that finance is not forbidding it, but limiting it and making sure to make any decisions based on numbers, not emotions. I understand a little what the OP said, and I think it's not only newbies who have to carry out suggestions like this, those who are not beginners should also implement a system like this. Because bitcoin is an asset that is used for investment if you don't have a job, how do we start investing? by way of debt? this will worsen our finances.

The mindset must be changed, don't buy Bitcoin expecting to get rich in a short time, but buying bitcoin means we are ready to lose money. Therefore, what is needed first is not to buy bitcoin, but how do we find work, that way 30% of the money we get from our new job buys bitcoin in stages every time we receive a salary from work.
Well, there are also some instances that we get to invest in bitcoin because we received huge amount of money from our inherited assets, and not from our hard-earned money from our job. I think that is a good mindset too, trying to diversify your investments and not just letting your cash sleeps in the bank. However, in case your investments do not worked as planned, and all your savings have started to run out, then you should land a stable job that will sustain your needs before all your investments and hard-earned savings will be gone. But if you can get a stable source of income in the first place, I guess that will help you grow your investments without the need to sell your bitcoin whenever its price suddenly crashed.

Newbies don't really need to make an investment immediately in the cryptocurrency because they just carried away with the hype of other people, ideal first they understand how the bitcoin works so they see the benefits of the cryptocurrency itself after on that secure of the accounts, wallets, or asset as possible actually few only teaches this kind of thing because there's no safe in the internet people are still prone with the hacking issues.
Another thing for the newbies not ideal to make a single pot with your investment ideal to scatter so if the other investment does not win you have another resources that could pullback those losses.
1671  Bitcoin / Bitcoin Discussion / Re: Borrow to Buy Bitcoin is Not Advisable.Consider the Factors Before Doing That. on: August 02, 2023, 11:19:10 AM
That was a good decision. The very first thing I learned about investing is that you should only invest what you can afford to lose. It’s definitely a good thing to think about investing and wanting to do it as soon as possible but learning when to enter the market should definitely be carefully thought of first. Props to you for realizing what should be done!

People only get hype by the market, and also influenced of other people, reason why they are afraid to get late with those investments and one of the best thing they can analyze is they can make a loan to buy a bitcoin but it is really ideal, for me somehow yes and no. Yes because if you are an investor at the bull run that time the chance of getting profit + return of the net amount makes you more profitable and pay the debt, it could be a No because if there's any chance you don't have any extra asset to paid for the amount you borrow and you failed the investment position this ruins your investment.
1672  Bitcoin / Bitcoin Discussion / Re: What if salaries were paid in BTC on: August 02, 2023, 10:58:38 AM
A friend of mine in our discussion today about Bitcoin was insisting that salaries and wages be paid in Bitcoin in some countries.
I was of the opinion that the government will not allow fiat to be replaced by Bitcoin .so what is your take on this will it be a positive move on the Bitcoin ecosystem or not

The idea is good because its being transparent but again right now most of the mode of payment comes into transactions so even banks detected the transactions committed by the company or the person its self as a payment, also people surely will disagree because imagine you earn a 100$ in your salary per week but due to market price movement its now dump and your salary is now a 70$ imagine you lose instantly a 30 USD without doing anything and instead you bought already a things you need to now its lose or you need to hold. Reason why they don't want to use the bitcoin as salary. Also not all country already accepted the use of the cryptocurrency.
1673  Economy / Trading Discussion / Re: Is copy trading a viable option for newcomers? on: August 01, 2023, 11:21:29 PM
Copy trading has gained immense popularity in the crypto industry since its introduction. Bitget, being one of the pioneers in this field, remains one of the largest platforms for copy trading cryptocurrencies. Many consider it an appealing choice for beginners, but is it truly effective for those who are new to trading?

Influencers going to promote those copy trading because they want to offer a hassle free trades for the newbies using copy trade well quite ideal but of course ideal to have fundamental knowledge how trading works and what's the traders strategy so they identify if it's worth it to copy or not base on the win rate is a plus too.
If you are tired and have a lot of money you can do this even small but we know not all traders only make one position.
1674  Economy / Economics / Re: These are the top 100 brands by value in 2023 on: August 01, 2023, 12:55:35 PM
The top brand is on the list, but I didn't expect that Facebook is not right there. They are one of the biggest names. added with twitter bought by Elon musk, but the most surprising right there is the TikTok we know this is one of the biggest trends of the social media because this is what want by the people a short clip vids and easier to navigate than the twitter, Instagram at facebook and also included with the e-commerce which can get a good referral or affiliate to earn, actually I don't know the Douyin is a TikTok because its mainly name to my country as tiktok only.
1675  Economy / Economics / Re: Helpful mineral resources on: August 01, 2023, 11:54:07 AM
I dont think that in the minerals that could help the Philippines might increase the price or it could help, most of the minerals here is the marbles, those are commonly used for the structures we are using, next is the under the cave stones you can find in the upper side or even the under of the caves but those are preserve by the government and few gold you can find here but those really destroy the beauty of the Philippines reason why most of the miners now prevented by the government.
1676  Economy / Economics / Re: Do your work. on: August 01, 2023, 11:31:52 AM
Having a business is certainly better but on the other hand growing a business to be big is not an easy matter,
we have to do a lot of things and it really takes time and energy,
other than that it doesn't mean that the business guarantee will be successful so indeed all of that has risks and the important thing is we need to have knowledge and skills.
Your worry is a very natural thing, but if you have strong intentions and beliefs, everything that is impossible will become possible. The main key to business is in the mindset. Business Not learned but practiced. Practice while learning, don't study first then practice if the term is cool while swimming and drinking water. Everyone has a different mindset. Because mindset plays a very important role in achieving our goals, namely success. If we have experienced failure before, don't give up easily, because everything can still be tried again. Maybe this is what we have to plant in our minds before starting a business.

Being an employee there is no freedom, we must know that the most valuable asset is freedom. many of us have more than enough income but can't afford to have freedom. That's why it's important to have your own business, because when it comes to risks, all jobs have risks including investment. What we have to do before starting a business is how to avoid it or what strategy to do in order to minimize this risk
You really inspire me with your enthusiasm. It's like being pumped up for a big game by listening to an inspirational speech. But... let's put a hold on it for the time being. So what we're arguing is that there's no such thing as freedom in the workplace, and that the way to freedom lies in entrepreneurship. Yes, I can see the appeal in that. However, remember that not all cages are forged from metal. Some are composed of clients calling you at all hours of the night, or of worrying about how you're going to pay the bills when your business isn't doing well. Freedom is not merely the absence of a master, after all. It's about finding fulfilment in your work and striking a good work-life balance. So, by all means, follow your heart, but be sensible about it.

There's no people who become rich in just by working 8 hours under a company, but with the life, they have they become company slaves, other people can have an option but others don't have so at the end of the day they need to work for almost morning for overtime, in my country the Philippines we have a rate of 12 dollars per 8 hours imagine that we consume a lot with the minimum wage only, you will choose this unlike on your home only and do nothing in your house, but if you know how does the community, market, and economy work you can be an entrepreneur with your own business that's why people want to risk a business because even though there's a risk they know for the long term, hopefully we will become successful and one of the large caps earners.
1677  Other / Meta / Re: Bringing back the old forgotten threads. on: August 01, 2023, 11:01:04 AM
Bringing back old threads is called as Necrobumping, which is people continuously make reply to those old threads; they are old enough but still possibly good threads but again in some how ideal only to bump for the information, and its not appropriate just for making a reply for having a count post for signatures. If you just need an information right there ideal to use a the quote or hyperlink for your reference
Code:
[quote][/quote] or [url][/url]
1678  Economy / Gambling discussion / Re: What could make you get into a fight with your fellow gambler? on: July 30, 2023, 01:09:08 PM
But when it's with friends and there are disputes or problems when it's caused in gambling it's only temporary because some time later when we meet again we forgive each other and have friendly relations that improve again, sometimes I laugh when experiencing this kind of thing.
Money is one of the causes of breaking up friendships, even because of some money, sometimes we can really lose friends who were previously considered family, if you think about it, it's better to avoid problems related to money with friends or relatives so that even other people can always have a good relationship.

But these kinds of problems happen a lot nowadays and sometimes it's difficult to settle financial times with other people.
If it was good friends, maybe we could put the situation back as it was and nothing would happen between us. But usually, we will even try to play gambling with people who are not too close to us because we are reluctant if we invite our close friends or good friends to gamble. But most of the time, the cause of friendships breaking up is indeed because of money problems. Yes, it's better not to get into trouble with friends or relatives just because of money problems because that will make things change. And later, if something goes wrong, it will also impact our relationship.

Even its friends can cause trouble with here because they are talking about money, tons of friends are very conscious specifically with money reason why you choose your friends wisely because people can change if they experience a lot especially they possibly lose and win its money matters we cannoy deny that there's really some people having this kind of habit, but true friends can really understand you and you can settle those in a mans way. We cant say still there's some greedy people.
1679  Economy / Gambling discussion / Re: Mistake that prevented your big win. on: July 30, 2023, 11:45:29 AM
So my question is this,as a gambler what mistake have you made when gambling that prevented you from winning big.
Let's discuss.

One of the biggest is lack of money, I'm not a person who have tons of money and of course limited amount of money is one of the major problem even though you are feeling that you can get now a good shot but the problem is the sources of money now is lack you cant continue with your journey.
Yes luck is a thing that we will not know when and how they come, you know we know for sure. I also not one or two times feel lucky, usually luck comes when my balance is no more than 10x more spins at the minimum bet, and who would have thought that luck came just in time so that I could recover my previously lost balance, and even I have more than the amount of my balance at the beginning.
And just like what you said, even when we place the smallest bet if the time must lose, yes lose. Lol

If we can control our luck, then maybe every time we play will be able to get a win, and it can be the main job that makes money consistently. unfortunately it's not possible to do. But that's when I play slots, it's different when I do betting on sportsbet.
If you can have a balance that is more than the initial balance after playing gambling, you have got lucky. But you can't force yourself to keep chasing that luck because we don't know if that luck is still with us or has gone. And once we see an increase in our balance, we should immediately stop and leave the casino and the best thing is to withdraw the winnings and leave a small balance to play another day.

It is difficult to make gambling a main occupation because gambling is only part of entertainment. We can only use gambling as entertainment that requires money and nothing more. But gambling can give us money after we use it to bet. So don't expect too much to make money from gambling because if it doesn't match reality, we will be disappointed.
Leaving a small balance at the time of withdrawal is something I'm used to. And it has indeed become a habit for me to come back the next time, or even the next day. I usually set a winning amount, for example 1x, or 2x, or whatever from the amount of deposit I made. I do that to suppress my greed if I have tasted victory. As you said, we don't know when we win whether the luck is still with us or has left, so we have to keep something so that our initial victory is not lost just like that. It would be a shame when we have won, then we can't withdraw anything from the casino.

Leaving a balance is ideal for a gambler but the problem here right now is what if the casino makes an immediately close even though we said that this is a small amount still consider its a money reason why not good if you keep your money into the casino even though its reputable.
1680  Economy / Gambling discussion / Re: Casino Slot Streamers on: July 30, 2023, 10:38:07 AM
That is actually what they are there for, and I think the majority of them are employees of the site who receive covert payments.for me, playing by myself is more enjoyable than simply watching others gamble with their profits. But it's true that seeing some of the victories that streamers have had can inspire us to play.

Streamers are paid of course with the separate payments they are using to the game, you can see that most of them have a thousand of money into their account but of course there's a contract on it that they cant withdraw those funds and those funds are just for the gambling casino only, or somehow have a percentage of the whining if they manage to, the satisfaction of the casino gamblers gives to us is the entertainment that what are the things people need to know if they play gambling.
Pages: « 1 ... 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 [84] 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 ... 306 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!