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Also, when we look at being practical, not on the bitcoin side, for sure, old people are having difficulty using it since they are old and not fun of technology, and the most difficult part is how those people living in remote areas to access it or how they can transact without internet or devices, so there are still a lot of things to talk about it unless we say that all over the world are tech savvy like we are thinking about the future.
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Early age trading to me is a fantastic idea. I personally welcome the idea most especially if the kid is wise enough to learn the strategy step by step. A child of 15years who is eager to learn trading should be allowed to do so because before he turns 25 to 30 years he would be doing so well in trading.
But you have to make the kid understand the other side of trading which is the disadvantaves of trading so that he will be aware of some ofthe trading consequences so as he grows he will learn a trading strategy that will work perfectly for him or her.
As long as that kid is willing to take it and not just being forced as not all kid are the same.It is really best to teach them at early age this is like those sports superstars that they already trained their child since early age to love the sports that their parents doing and dominating it so that they could follow the steps of their parents, for sure if that kid you taught would be a better person when he is old enough and understand how the world works. |
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Edit: Back in Feb 2020, I gave my seed phrase to someone on twitter. The convinced me the seed phrase was equal to my address and that they needed it to send me bitcoin. Don't ask me why I was so stupid... I lost approx. 1M sats and I had to start accumulating again. I bought a Trezor and I started reading...
If we are talking about this now we would really say that it is stupid move and why the hel you give to them ? Its because we learned a lot right now and before we are just clueless on those seed phrase and for sure we think that we can get it back lol. It was really funny before like you used to invest to ponzi and lost your investment (i dont call it investment right now) . The only dumb thing that ive done that lost my bitcoin is those pyramiding scam or HYIP which pretty common before and we got easily baited on it |
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If I were him, I would probably find another job, whatever the means, regardless of the income, so I can support myself and my family.
when you get a job, reduce your lifestyle to provide for your daily needs and your family.
The problem in finding a new job and if the salary is below than you past is that you will take time to adopt though it is still better than you dont have a job but still strive for more like find a job that is better or if not the same your previous salary so that you wont struggle and at the same time find another source of income and save because For sure you learn your lesson from lossing your job so it is better to save for incase of emergency |
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Yes rich forks have a lot of money to throw around and wasting an amount that is enough to change someone financial life in just one bet with a very bad odds makes me. Wonder if the bet is actually done to win or if the ops placed the bet by mistake.
-Because we have a few situation where players make such life-draining mistakes of betting amounts beyond what their plan to bet with.
Based on the above conclusions, he placed a bet because he had predicted the odds of winning and the odds were low that he would lose, but in sports betting there are no accurate predictions and he has lost all his bets, let's hope he is a rich man and still has another million dollars in his account, because Anyone would be stressed from losing millions of dollars on high bets and unfortunately he targets low profits on those bets. I am sure the guy stated @OP is a rich man and probably that amount is just a drop to his wealth. Probably that guy uses that strategy often and he is fully confident that nothing will go wrong because the team he is betting to win is leading by mile but sadly gambling has some unidentified variable that can change the result of the game. Even though I think the guy @OP stated is a wealthy person, I hope that he is not depressed over the losses. But there are still probability that he is just a normal person that used others wealth to bet and he thinks that he can won it or uses someone funds like ive seen here that someone used the company fund to gamble but if he do this for sure he is addicted to gambling as he done this. I really hope that he is okay right now and just forget that he lost that big because it has a huge instances that he got depressed. |
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I'd rather say it's harder to find ways to earn money nowadays (limited job vacancies). maybe in some countries the scarcity of money really happened. whether it's caused by the government trying to withdraw the excess money circulating or something. but in my country there is no such thing as scarcity of money. In fact, inflation occurred because there was too much money in circulation which was caused by the government printing more money during the pandemic to give it to its people as assistance to deal with the pandemic at that time which made the country almost experience a recession due to the paralysis of the economy due to quarantine.
but then the government prints more money to give to the people affected by the pandemic. so that people can still meet their needs and still be able to shop even from inside the house. so that the economy continues and does not stop. but after the pandemic ended, this excess money supply made the value of the country's currency decline and the prices of goods soared. it was from here that the government began to try to withdraw the excess money in circulation. namely by raising interest rates and such.
My country is the same, money is not scarce, but money depreciates too quickly while making money is increasingly difficult. After all, money is just paper, and the government can print as much as it wants, but they can't do that for various reasons, so when there's inflation, we can't blame them entirely. Because this world is a link, as long as a few countries have problems, all will be implicated. I mean, without a pandemic, without war, things wouldn't be so bad. But still its a bad but not this kind of situation that is very worse. You know most of us poor people are got affected on it as we cant afford those things that we used to do or eat unlike those rich person they can only react that it is getting expensive but still they cant afford it that is the sad reality and again government would say they are doing everything but still we cant feel it that is why others wont relying on government move they will find their way on how they can survive |
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That's a lot of ups and downs in your life. I hope this is what you are dreaming of, but for sure, this is just the start of your journey, and there are still a lot of obstacles you'll encounter. I hope if ever you've got a profit, you can manage it well and not make those mistakes that happened before. Don't forget also the risk that you are taking in bitcoin as well as earning from this community as you know there are still ups and downs, and I hope you are ready for it.
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Do you think social media is now becoming more a place for business than socializing, Could it be as a result of digitalization and things moving online or more people now starting business online because of need to somehow generate income or another source of income for self to survive the economic situations which is becoming tougher?
Yes, it is true that social media has become more of a business place today than ever before. But I think the socialization of social media has no effect on it. The two subjects are in two places but business has been added as an extra facility. It has played a very effective role especially during Corona. Moreover, I think those who were unemployed are not doing anything bad by using social platforms to set up businesses. But it was made to be social media, to interact people in cyber space , to have communication and not for businesses but again we cant blame them as the audience in social media is very huge and it means that it is good for advertisement for your product that is why others do it and it can help spread your business and the truth is that if you put your business online you can gain more customer than the traditional one |
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I knew Bitcoin for 7 years now. And hop into it 2 years ago, started saving and made extra money. If somebody tells You, that it is too late to join, then You know, that's actually a Perfect time to do it. Market is a P2P "toy", used wisely, can give You huuuuuuge profits.
This is the perfect example. Bitcoin is not like those Ponzi schemes that you should always invest in when it is just starting, as you can still get your money back. Bitcoin is the future, anytime and anywhere you can start as long as you know the risk and you have money that you are willing to invest because if you do not invest at the time you know it for sure, you'll regret it in the future. |
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Online learning was already in the school prior to COVID, but it did not materialize because we could attend school and also stick to the traditional one, like if we had an assignment, we would be doing it on paper, unlike right now when you can answer it online and also attend class. COVID really makes people realize they should invest more in their IT infrastructure as it is very important.
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That pastor who won gambling for sure he open the church for profit and money i think he is one of those people who are exploiting religious people because if he is real pastor then why he closes his church also regarding gambling , others really gamble but it is really prohibited if you are really religious but it is not strict that is why they continue to gamble. Their are really pastor or priest do respect their belief so they wont gamble
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Those are all options. Maybe you're referring to someone who has spent over 22k bitcoins on a Pizza. It has been discussed in this forum. Many people feel bad after paying for their bitcoins. Ask people who have sold their BTC for $4,000 in 2017. Ask people who have bought BTC for around $50,000 around 2018. Ask people who have found out about BTC in 2013. Everyone has feel bad about their BTC. And I think that's normal. We don't need to regret it. We just have to believe that this life is a choice and whatever choice we have made, we have to be prepared with the good and bad feelings of that decision.
Lets not only think about the bad side like if you haven't used it to buy things, we should think the positive side like without bitcoin what ever the price is you cant purchase those things and also you cant afford it with your own money if you haven't used the bitcoin that is why be thankful but again reflect on those things and not to try to commit those mistakes like just use it when needed and not on those nonsense things |
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The price of getting food in my is not too expensive compared to other countries though the prices varies depending on the environment. There places you can get good meals for 1$ while there are still expensive environments that the least price for a meal costs more than $15
Despite the very affordable price of food here compared to other countries, is still not affordable for majority of people because of the high cost of living here. Lack of job creation by the government and their failure to create enabling environment for entrepreneurs are other factors that's left cheap price of food unaffordable for many
That is because every food costs varies from place to place and we cannot really compare how much it would cost us because even the vendors in rural and urban area know how expensive it is especially if you're buying it in an urban area. In our place, in rural area, a $1 is so enough for us to buy a decent meal with a soda included or juice depends on the availability but in urban area, $1 won't do you any good because even the transportation will cost you around 2-3 dollars. True, each place will have a different price. I tried to compare with the minimum salary in several regions in my country. In area A, the salary is not as high as in area B but the price of food there is cheaper than in area B. Likewise in area B, their salary is indeed higher than area A, but their expenditure on food is more. I am a person who believes that when someone's income is greater, their expenses are also proportional, and vice versa, when someone has a smaller salary, their expenses are not greater than those who have a large salary. I can really relate on this because when i got my first job my salary is really low but i would say it is enough for me but as my salary getting higher i just think of that my salary is not enough even if it is high already its because the expenses and you are having a loan because you know that you can pay it off easily on monthly. The more money you received it is also the more you spend it to things because you'll be more having to own your wants unlike those low salary that only needs you are going to spend |
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There is no perfect system anywhere in the universe, but when you come to gambling I can say that some of these casinos we gamble in are very far from being fair.
The system is rigged and the Machine. I mean some of them are manipulated to keep them in business. Be it 98% or 97% the level of the fairness favours the casino owner
This is why it is important to treat gambling as fun instead of using it as a means of making money.
You make the money being the casino owner than being that gambler that patronises
I think it is important to differentiate from the house edge the casino gives itself to rigged games, in a game with a house edge you can still win, it is just that the casino has a slight advantage over the player and over the long term this allows the casinos to remain in business, however a rigged game is one in which the gambler will never win, even during the short term, as the casino is hiding some things from the gamblers, like the odds being manipulated or changing the results of a bet after the fact. Casinos may cheat their players but we never know about that and instead of just thinking about and finding out about their cheating, it's better for us to have fun playing gambling and enjoy playing gambling. And gambling is really not a place to make money, so because of that, we don't have to try so hard to keep trying to make money. Better to be gambling as entertainment. And if we want to make money from gambling, we better be casino owners because that is a way to make money. In addition, as a gambler, we may find it difficult to make money from gambling. Some cheats are hidden. Which are not easily revealed outside. However, when organized such scam incident gambler can be resolved based on specific evidence. Casino who engage in this kind of scamming will lose their reputation. But in order to avoid all these issues a gambler must first select a reliable platform otherwise he has a high chance of losing. But if a gambler is not overly greedy then the probability of getting into such a situation will be less. Casinos that are used to cheating will surely hide their cheating and deny that it is cheating. If we find out that the casino is cheating, we must immediately look for another casino before we experience fraud or have experienced it but didn't realize it. Yes, we must avoid being greedy and not suffer too many losses because we also don't know if the casino is cheating or being fair. It's better for us to anticipate it before losing a lot of money because it's not worth it. No one will really admit that they are cheating, but if you have hard evidence, you can post it here, because there are still instances where we can't shut down those casinos, but at least other gamblers are aware that they are cheating and won't be playing on them. Also, if you noticed, try to find another casino for you to play at, but it is best to stick to those top casinos as we are sure that they are legit and not cheating on us. |
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Then he is not a true relatives because if he is then he will not take it personally. You did the right move because if ever that you lend him money how would you get it back right ? For sure are having difficulty getting it to him or more worse he will stoll get angry with you as you keep asking the money. Dont worry on him because he ain't the one feeding you if he doesn't want to talk to you then you should do the same on him too
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I don't understand why things are so unspeakably hard to people. I couldn't hard a good feelings for some days after thinking of what must have trans-led this suffering of financial hardship in societies. Money is rare this days, am going through a lot but I just hope things well and better soon. Is not really funny here.
My children are at home chase from school, I could not pay fees again. What could be the cause of scarcity of cash?
I don't think it's the scarcity of money that is currently happening anywhere, but job opportunities that are hard to find for anyone who needs them. With no work, finances will be difficult to obtain. the opportunity to work at this time is really very minimal. Because of the pandemic, businesses are just getting back up and running, focusing on profits rather than hiring people; there has also been a lot of competition over the years because there are a lot of graduates, so if there is a job opening, a lot of people will apply, lowering the chances of getting that job. Also in business, people right now are saving or only spending money on those things that are affordable and not really spending on their wants because of the inflation. |
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I think Slots is a game of chance and Poker is a game of skills. Do you agree?
Also, Baccarat I think is a pure game of chance. But for the slots itself, many gambling platforms nowadays cheat and arrange for this game to have a low probability of winning, which makes it very difficult for users to be able to win. So even though slots are a pure game of chance, they are prone to being dishonest and orchestrated. Maybe it happens in some casinos but not in casinos that really uphold their reputation. Roulette is also a game of luck besides baccarat but maybe, according to others, other gambling games are included in the game of chance and skill. Blackjack is also a game of skill that is not as easy to play as Poker. But we need to pay attention to how we don't use a lot of money in any gambling game, skills and opportunities because the gambling game will take our money without remaining if we can't limit ourselves. Almost all of the card games I would say are skill games because not anyone can jump in directly to the table and play them, unlike those other games that are easy to play and are really chance games. Also, in gambling, everything is based on luck, no matter how you do it, as it was made for entertainment, and if you strike it lucky, you'll have a winning streak. No matter what game you are playing, it is still gambling, which means there is a higher possibility that you will lose. |
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First of all, if you noticed any virus in your laptop or someone else's laptop (but don't connect to a laptop or PC that you don't own), do not ever connect your hardware wallet if you don't want to lose your assets because the worst case scenario is that your assets will get hacked and transferred to another wallet. That is why it is best to connect only on your own laptop or PC, and if ever you see that your antivirus detected something, it is best to reinstall the OS rather than treat only with scanning using antivirus.
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The problem is that if your salary is just enough for you and your family it is difficult to set aside unless you have side hustle to earn some extra money. I really have a high hope in bitcoin that is why i do buy always small bits of bitcoin when i do have salary just to be prepared also with halving but we also keep in mind that we can't predict the price of Bitcoin in the future that is why we still invest what we can afford to lose, it doesn't mean that if we invest to Bitcoin it is a sure profit.
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There are pros and cons to both, but most people will choose both because, first, you can't still purchase almost everything using bitcoin, and it is also banned in other countries, while fiat has been widely used ever since and is really established, although, as you know, there are still loopholes in it. So I would be choosing both of them because I use bitcoin as an investment and fiat for spending to meet my needs.
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