That is it, most of those project couldn't hold to finish development properly before coming into marketing, we all know that marketing is what gives a project the required exposure but what they fails is that focus on concept of their development than promotion.
While most of struggles because they are highly competitive, which most of them couldn't meet up with some of the standard could as well results folding up.
Marketing is very important, I am not surprised that most organizations that are new spend most of their money on marketing, because they depend on more people for their company to grow, advertising is very important. If a gambling site do all necessary, having good customer care, good service, good everything, but if the gambling site do not have good marketing, they will not just grow. Marketing is very important for a gambling site to grow as the competition with other gambling sites is very high. They won't even get recognized; it is not like a store that if you build it in a city, a lot of people will see it and eventually buy it, but in this case, it is an online casino, and most of your competitors are investing a lot of money in advertising, for which they got recognized. Now a days they allot a huge budget in advertising as they know they can get more customers on it to play on their casino. That is why no matter how nice your casino is, if you ain't investing in promotions, it is still useless. |
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In my opinion, rich and poor are things that really depend on attitudes and thoughts, if a poor person is given $ 1 million, it will be used for pleasure so that the money will run out, but if a rich person is given $ 1 million, he will think about how to grow it to $ 10 million in a year.
If a person became rich, it all depends on how he became rich. If he has rich parents, or if he has won money in the lottery, or if he has found a treasure, he does not always know the value of money. And in this case there is a good chance that the money can go very quickly once it gets into his possession. If you obtain money or wealth easily, it also means that it will be gone easily too. This is because people who got rich instantly without going to financial hardships don't learn how to keep the money well; they just know to spend it and not make a profit on it, unless they are just thinking it well, like investing in businesses and etc. But again, most of those lottery winners have just lost their winnings as they don't know that they are spending too much and nothing is returning to them. |
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Online casino has their own budget coming from their capital in promotions like hiring influencers to promote their casino and most of the casino has this when they are lunching their platform but for those who are established casino they get mostly it from their profit. Also to prevent getting scammed in online casino it is better to find forums like this and ask question about those casino because you know if you search in google most of the results their are not that true as they are also getting paid to review the casino in 5 star.
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I noticed it also a few days ago, which is shocking. I thought they changed the loading icon to the profile of the person when you checked it, but when I tried other people, it was really Doge,but when I tried it now, it is gone already. ELon is just making fun of Twitter, I mean, its for his entertainment, lol. But for sure, we know the hidden agenda on Elon's part: to pump dope and have fun.
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I agree, and also we need to have a proper enough money to trade. It is good to have a money that you can deposit anywhere you want. Sometimes, if you are into trading there will be some time you will regret not having extra money to invest because you have a limited fund. If you will pursue your career in trading aside from financial stability we need to have a emotional stability as well.
If you have no secured funds, then never dare to trade. That is the reason why emotional stability is hard to obtain because you keep on worrying on the future losses that you might gain knowing the money you used to trade is not your spare money. Yes, trading will make a person become financially stable but that won’t happen easily even if you go all in. The more you trade unprepared, the higher the chances that you will often lose in trading because you decide to trade even when your finances and emotions are not yet ready. If you want to succeed in trading, you have to enter it well-prepared emotionally, physically, and financially. Being unprepared will only cause you trouble in the middle of your journey and all your efforts might just end up being wasted. It is necessary that we have enough funds to start up so we could face the actual trading ready or else, it might affect our budget in case we have losses. Saving enough would be a wise move to start trading. Just imagine that you are going to war. Are you going to fight the enemy without any weapons, just your punches? No right? That is why being prepared is always the best; learn and backtest your strategy a few years ago so that you are sure that you have a higher chance of winning a trade, and also because the journey on this is difficult. That is why you should be mentally prepared and continue learning. Trading is hard at first, but later on you'll get through it. |
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with a steady job and daily income, it won't be hard even though the cost of living is very high.
As for now what is burdening us all is that all the prices of basic commodities are expensive, most people have lost their jobs, and the purchasing power of the people is lacking. it shows that the global economy is currently not good. then how to deal with it?, in my opinion, first, we don't need to spend what we don't need, saving is the solution to facing an increasingly critical economy, second, do whatever can generate money even if only a little, at least you can maintain family economic stability.
3) Constantly make an effort to cut costs. I just want to elaborate on this because even I am having a hard time with this since we have a monthly salary and my mindset really is to celebrate once I receive my salary by going out to eat in a restaurant, which I thought at first was not that costly but when you track your budget you realize that it is. That is why you should avoid eating at restaurants as it is expensive. You can save more when you cook in your own house, and even having a drink is still costly. |
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I haven't seen or heard a man that really hates Bitcoin, like really hates it to the point he will mock him, though I do see people that don't like it, like the government, and also people who will say scam, but for sure if they understand it, their view will be changed. Also, I don't understand why they hate it, like Bitcoin did something to them, or something somewhat like that.
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If we are given age then we will get old age, and that's when the provision becomes very important, do not just rely on income when old, immediately take real action and preparation from now so that when we are old then we no longer work and enjoy the current work results .
It is easy to say that we will work hard now so that we can save for our retirement and use it when we are already old, but the truth is that we are barely living, our salary is just enough for us, and we don't have spare money to save. My point of view before was that if you just work hard, for sure you'll earn enough money even if you have less time, but right now we are crying about it since no matter how hard we work, how little sleep we get, and how much we sacrifice, at the end of the day it isn't enough. We are not all given the same opportunity; others can earn a lot doing simple things, but with us it is very difficult. |
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That is really the problem, but they always provide ID numbers or, like, names for those who have one as part of transparency, but others will just email them, which is the problem. How do we know if they really select 500 winners on it? Well, that's really on casinos, and let's just say that we've gotten lucky if we've been selected as winners. Trust is really what we are holding onto for this, as it is their event and we have nothing to do with it; we just participate in it to have a chance to win.
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I don't know if this is a question or an answer, but trading is not gender biased; it is not exclusive for men or women as it was made to give us all equal opportunity to earn profit, and the truth is that you can see that there are a couple of women that are more successful than men because they are more disciplined and follow their rules before they trade. I really like following some female traders on social media because they are good at recognizing their biases.
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Well, I think OP, waiting for 3 years before deciding to stop continuing our business is dumb. I believe a year of running our business we know already the status of our business and whether it was profitable or not, even just 6 months we can feel bad about it seeing how much is coming in versus how much is coming out. I shouldn't have to wait that long, so I disagree unless you really have a huge amount of money backing up so you still survive. And this is not really happening, businessmen can't sacrifice their pockets to save their business from closing down but rather move on and open another business.
Waiting for years just to know if your business is good will make you bankrupt. If you keep investing at the business even it doesn't give good feedback then you'll have to let it go. I agree the fact even in months you can determine the results of your business whether its good or not. Is unnecessary to wait 3 years unless this business is hard for you to shut it down. Some businesses is not for you especially in the environment of your business. Know what people would like to have, for you to open a business that people would buy. What's your target customer? Is it good to build this kind of business close to a park? You should know if its good first to establish a business to avoid losing a lot of money. But its part of your experience hope the OP would learn from this 3 years is a long period of time to analyze the business we live in. here it takes firmness from an owner to stop or believe in his business one day it will be successful, but of course it requires a very hard struggle for the next. henceforth there is nothing wrong because it is a choice, and of course every choice we already know the consequences. from that it is ourselves who should be committed regardless of other people to take a stand Imagine paying bills or rent within 3 years if your business is not profitable. You'll go broke that time, and instead of transitioning to another business, you'll get into debt because of your current business that is not profitable. That is why, for example, if you don't make a profit for a year (consecutive months) despite making some improvements to increase profits, it isn't working, and it is time to start another business. |
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If a formal job was not enough to make a living I would do what many people around here do and I would try to start an independent project where I can use my skills as freelancer.
Here in Venezuela, those who have a formal job in the public administration can earn as little as 5$ per month, so they earn the rest of the money they need by purchasing and reselling things from abroad, baking cakes and making food, reparation services, tutoring services, etc.
I would dare to say this is a country that a good percentage of it's economy is kept by the informal businesses. I have myself considered to start something similar, but I have not yet.
Well, a formal job in the public administration earns only $5 per month ? That's too little to live on. If most people can only survive by having informal job hustles or businesses, that is a real problem for the government, or simply admit it, your government is the problem. However, most people are still trying to grab any working opportunity to make ends meet, which is quite a good thing for your country. I respect all those who work hard to fulfill their responsibilities. Hope you'll find a side business to offer you a sizable profit. Good luck. What country is this? It is very low; you can't live on $5 a month even if you have no family. That was really an exploit to the employee; having this kind of salary is not worth it. The government or authority should be taking action on this, but again, for sure, this country is third world or full of corrupt officials in the government, which is why they don't care at all about their employees or other people. |
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We cannot guarantee that our wealth or fortune may lasts, that’s why we have to prepare for it and save some funds before we lost them all. And saving is a good start so we can actually prepare ourselves for those unforeseen circumstances that might suddenly arise, or just save to have a brighter future for our kids. However, if we can also learn to invest aside from just saving, i believe it’s the best means to grow our money and build financial independence in the future. Saving alone won’t guarantee it, but investing will certainly do.
Savings should be regarded mainly as an opportunity for a fresh start in the event of the loss of the source of income. Any amount can be spent quickly if you want, so you should make it a rule to keep a certain percentage of savings as an emergency reserve. It should not be spent under almost any circumstances We all want to save, but the problem is that we can't because our salaries are only enough to cover our basic needs; if we save, our budget will be insufficient. No matter how much we think of saving, even a small amount, at the end of the week or month, they still need to spend it because they needed it, like to buy food or ETc. The only solution to this is to have extra income so that we can save. |
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No matter how we fear AIs, it will still exist because of the innovation of technology. Nowadays, people prefer fast and easier task which could be done by the help of AIs so we can't avoid their development and their contribution to society. It's just frustrating that they could possibly replace humans in the future but not matter what we do, big companies are now switching to it. It could save finances for huge businesses and can decrease manpower.
What matters most for the people is the good benefit from AI. Imagine how powerful AI is right now. It can help you with your work or daily tasks and improve our searching, which is why people are happy with it. Now they are only thinking of the good sides and not the bad sides, like the possibility of getting fired from work because the AI can do the work, etc. Though you are right, we can't prevent it as it is part of technology. Let's just adapt to it since we have nothing to do. |
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I absolutely agree with what you said OP. It is better for beginners to understand the basics of trading well before getting started. It might take few months to be able or capable to start in this field but it is definitely worth it. And remember that knowledge is literally potential power. Take your time by reading trading books , learning technical analyses and understanding crypto charts such as candlesticks signals and chart patterns.
Moreover, easy profit for beginners is a trap especially in beginnings. It gives you fake confidence and of course it is always temporary due market’s condition changes in every period , if you are not capable to analysis each one, then you will definitely fail and lose your balance.
Also, greediness and impatience has a negative impact on decisions of traders.
with the wins that beginners keep getting, it could be luck or maybe because beginners follow a trade signal. and that will make them continue to depend on the signal given, because they don't have enough knowledge. beginners believe in signals more than spending time learning trading techniques on their own. what they have in mind, trading crypto assets is very easy to make a profit. pseudo it is wrong thinking, but believe me more beginners have that kind of thinking. that what is called beginners luck but still there are beginners that are not relying on trading signals, they do their dirty work which also lead to winnings and this means that they are now confident and they already thought that they already got the holy grail strategy to win which means it is a bad thing because they are now going to relax and not to learn more that is why losses in first-time trading is good as it will sink more in your mind. |
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The best option is having no debt. I dont really like have a debt because it will distract my mind. Especially take a loan for buying bitcoin is not good. Never gambling with something that probably can ruin your life. If the investment is turning to nothing you will end up with debt + loss.
Right. A good debt is a debt that you can afford to pay. Investing your borrowed money in bitcoin is a bad debt because you wont know when youll be able to get the money back. Personally, i borrow money or do installments only for the purpose of maximizing the time value of money. When it comes to cryptocurrency, you should only risk money that you can afford to lose and I dont think that counts borrowed money. But still, it isn't a bad debt because you are investing it, meaning you will profit from it if you invest it at the right time. It is not like it's our wants that we don't need it; we call it investments or business, just like trading; the problem is just the risk, so it is still including to good debts, but it doesn't mean that you'll take a loan now because it is a sure profit; you should also make sure that it is a calculated risk that you can repay your loan. |
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Ive also seen a video on it in social media about vendors accepting bitcoin as payment for the eggs they sell, but I can't recognize the app they used. It is really nice to hear this kind of thing because that country will really legalize bitcoin once they accept it and do transactions on it. What amazes me most is that, for sure, most merchants, even small ones, will be more technologically literate.
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It is really best to advertise your casino before it is finished, but if you plan to advertise it even if you are still updating the banners and some advertisements on the website, that is still good because if you go full blast on advertisement, then those gamblers you've attracted will see that your website is buggy and will still leave your casino because it is not worth it. Also, advertisements right now are very essential because most of your competitors are hiring celebrities and influencers just to make a name for themselves in the gambling industry, so you should do it too.
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Straight no because of the risk and volatility, but if we only think about virtual assets, it would be yes, but in reality, there are things like gold, real estate lands, and ETC., but this is the most famous one, and most of the rich investors are purchasing tons of it because they know the risk is low and maintainability is not that high. Though this might be my personal view, there are still others who will say yes to Bitcoin, which is true, but that is not on my top list if we are looking for assets in real life, but Bitcoin is one of my investments if I do have extra money.
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When difficulties occur, the first thing is to find a solution, when we are at school we are taught many things about problems and usually solve them with good grades, when these problems arise in real terms, we have to look for solutions, money problems are difficult to come because we rely too much on comfort that has happened, think hard to find a solution.
Indeed money is everywhere and as long as you know the method on how to get it, you won't have much problems in regards of money. The thing is, people nowadays only look for jobs or opportunity to work which is why they usually think money is not around but in reality opportunities are the ones that are lacking and competition for that specific job you want is also very high. There are people also that are very creative and resourceful when it comes to finding ways to make money, just like how it is a trend nowadays to use AI to make scripts for videos, and unlike before that you'll have to think for a new and more attracting scripts to be used on videos. It is just that people only depend on what we conventionally/traditionally use, such as going to school and getting employed, coz it is a sure fire way to earn money. IMO it depends on how you really utilize your resources around you, or even make use of your talents and hobbies to earn money. talent that has our skills can be used as capital to earn money. of course, of the many people there will be those who need our services, in any field. especially if we have specialization in a certain field it will be even easier to get money. on the other hand, if we don't feel we have the skills, then we should be able to create opportunities to earn money, even if we fail to become friends with the dean. and that's how life should be full of struggles Talents and skills are not the same, because talent comes naturally from your body; you were born with it, unlike skills, which you can learn online or by attending seminars and trainings. If you don't have skills, you can't create opportunities because you can't give any skills or services to others. That is why we need to learn more and train more as it is free to learn it mostly online. That is why right now people are spending like 2 hours a day learning more skills so that they have the opportunity to get hired and earn money. |
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