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181  Economy / Economics / Re: Which is better, staking or investing? on: June 16, 2023, 10:36:16 AM
Well I agree that staking is more safer then trading. In the past I did stake my alt coins on Binance. But now I do not keep any of my coins on the exchanges. It is too much of a risk with all this news going on with exchanges.

Yes the rewards are easy to get for not doing anything. But you might be able to earn more profit if you buy the coins instead of lock them up in staking. Now we are in a 'bearish' trend with the markets, I would not stake my coins but use my fiat to buy cheaper coins as investment and hope they earn me faster profits when the 'bull market' starts.
The level of risk will affect the possibility of profit, if we take a large risk, there will also be a large chance of getting profit, and vice versa, like trading, the risk is indeed high but the possibility of profit is also greater.
However, everything returns to our knowledge, right now the market is indeed bearish but no one knows for sure how far this correction will occur.
What is certain is that we have our own beliefs and ways to take profits, I think everything is correct and it will be profitable if it runs well. So far, I am still happy investing in top coins. will recover, like what has happened in the past.
182  Economy / Economics / Re: Rent or buy real estate - let's have a debate on: June 16, 2023, 09:06:47 AM
I would rather rent a house than take out a loan through a mortgage. Renting allows you to avoid the financial burden of high-interest bank loans and offers flexibility in choosing properties strategically located to save time and fit your lifestyle. your. Furthermore, if you decide to buy a home, buying it with cash can be a wise financial decision. This will avoid mortgage-related interest, save you money in the long run, and potentially give you a higher return on investment.

The advice you give does sound wise enough for those who still don't own a property like a house, but there is one more solution that might also be wiser if someone can't buy a house in cash. Those who want to buy a house but don't have enough money for a house unit can also make a way with a home developer by paying it off every month.

This of course will not be related to the bank because the home developer himself will handle this as long as there is a clearer agreement from the buyer. However, if the buyer feels that this is quite a burden, then the solution to renting a house can also be used by those who don't own a house, even though the level of burden is not much different even though the rental fee is only considered once a year.
Making an agreement with a developer is not that easy, no developer wants to accept monthly payments except with a large initial amount or linked to bank credit.
if you have a steady job I prefer to buy even if it's on credit because renting is a waste especially since home is the most important place in life (a must have) and also the price is increasing every year.
Buying on credit is a little expensive because there is interest, but when compared to renting for the same year, the results will be more profitable buying on credit, that's an advantage in the future, so it's worth thinking about.
183  Economy / Economics / Re: Why do people stay poor? on: June 12, 2023, 08:01:47 AM
The most important reason why people are still poor is the lack of proper use of money and unnecessary spending. The employment rate is very low compared to the country's population and food prices are rising at a massive rate in almost every country due to which about 60% of a person's income is spent on food and the rest is spent on other activities. even is often seen is that the salary they get is not enough to meet their monthly expenses. And this is why they are not able to make savings. On the other hand, those who can earn huge amount of money are not able to use this money in the right way and hence they are not able to improve their financial condition. And this is why people are stay  poor
60% for food is a lot, there may be two reasons, either the salary is very low, or financial management needs to be corrected. Everything, of course, will depend on your income, respectively, the higher the income, the less percentage you will spend on food, I think in this case it would be more correct to look at how much is spent per month on food in dollars, since it will be more understandable than in percent.
it all depends on income, I don't deny that if someone spends 60% on food, maybe even more if the income is small.
spending money on needs or wants if not excessive is not a reason for people to remain poor, but people who do not increase their income will remain poor because there is no will from themselves to change everything.
184  Economy / Economics / Re: Can I take a loan to invest in bitcoin? on: June 12, 2023, 07:25:18 AM
My opinion about taking a bitcoin loan is to first know bitcoin well and understand where you are investing. How much it will be profitable for you at all since you will be investing with debt. Because i am talking about the Bitcoin market is very volatile. No one can tell you for sure that investing in Bitcoin will make you profitable. It is true that investing here will yield huge profits but there is no telling when it will happen. The Bitcoin market fluctuates a lot. So I think it is not right to invest in Bitcoin loans. Why I am saying this is that if you buy Bitcoin with a loan, its value may decrease in a short period of time For this it is better not to invest by borrowing.
There are benefits and disadvantages. Leveraging a loan to invest can double your investment risk.
If you are luck and your investment performs well. Then surely you will be over the moon but on the other hand if it performs poor then you no longer losses the money but then you have obligation to repay the money or loan you have borrowed.

taking a loan to invest in Bitcoin is indeed very risky but all possibilities are still possible to happen "if lucky" but in my opinion don't just rely on luck but try to study Bitcoin price movements and if you are sure of the graph that will happen in the future then take the risk by taking a loan and then investing in Bitcoin never hurts.
if there is no risk there will be no profit, people who take loans are people who do not have money, if they do not take loans then they will not benefit.
185  Economy / Economics / Re: MONEY IS THE MOTIVATING FACTOR, what do you think? on: June 10, 2023, 10:23:27 AM
For me Money can be a motivating factor because without money how we can survive in this world. With money it can provide to meet our basic needs, to achieve our financial security, and we can attain certain luxuries. Money can be individuals personal fulfilment, recognition and a sense of purpose. Money could really increase motivation to each and everyone especially if you have set a target goal like for example a plan for a retirement, getting a real estate, having a lot of savings for future needs, health care plans and many more. But sometimes if people show some greediness that would cause negative impact instead of having more money it would result to losses.
almost everyone is like that, because all one's needs and desires will be fulfilled with money, as well as for those who think about the future, without realizing it, money is actually the biggest motivating factor for us to do anything at this time.
regardless of greed or other things that will harm oneself when looking for money, it all returns to one's personality even in this world there are also people who make every way to make money even though it will harm other people.
186  Economy / Economics / Re: Does a side job/business improve your finanical stability ? on: June 09, 2023, 10:20:54 AM

To make a living, we must work. In uncertain days like now facing the global economic downturn, a stable job with high income becomes a scarcity. A side job or business seems like more necessary than ever, which can minimize the risks of losing your current job, ending up pennyless. However, a side job/business also takes time and efforts and can never be attained whenever we need it. What did you do or will you do in order to ensure your finanical stability despite all unfavorable circumstances ?
You have to change the mindset from relying on muscle to increase financial stability, make money work for you in order to achieve that goal. Work has a broad definition, at certain times you have to rely on experience and use technology to make money. Success can be achieved by opening a business, you can get regular income every day from the business you run. In addition, you need to combine your main job with a side job. It's a bit tiring to run two businesses at the same time, but you will achieve your goal of increasing financial stability more quickly.

there are many things that a person can do to earn more income to stabilize finances, I don't blame people who rely on their energy to be able to make more money but everyone will open their minds when they are no longer able to do that and still have to make extra money so that's when ideas will emerge that allow them to get more money.
many people will seek additional income from their main job and that is inseparable from the demands of desire or to guarantee their old age but while there is still time and it doesn't impact other things then I won't blame it.
these humans have different thoughts and ways but many of us have the same intention.
187  Economy / Economics / Re: How to increase profit in business on: June 05, 2023, 04:35:47 PM
At present all companies already have sufficient employees for all the purposes they carry out, but to increase profits I think the products they issue must have a difference that can attract use among the public, and we also have to make a special offer so that buyers can enjoy our products so that we will have more and more customers and the profits we get will of course also increase, and at this time we can see very many large companies that always have special offers that can be accepted by the public.

You are right that during the ongoing crisis, economic challenges are very tough, and it has become hard for the companies to maintain their headcounts. Consequently, some large companies are considering downsizing to reduce their expenses. Therefore, to survive in the market, companies have to find innovative ways for the continuity of their business. One effective approach could be to focus on providing better quality of products/services at competitive price.
reducing the number of employees will actually worsen the situation, of course it will have an impact on production or service.
there are several other things that can be done to remain effective and also reduce the cost of paying employees, for example using robot power is quite effective in reducing production costs, currently technology has developed rapidly and there are many conveniences that can be profitable for companies.
and to increase profits in business, in my opinion there are several ways and for me personally the best way is marketing and promotion, if it can be run properly then it is very likely that the company will continue to be able to increase its profits.
188  Economy / Economics / Re: Business failure among small-scale entrepreneurs on: June 05, 2023, 04:10:58 PM
Poor customer care is a strong factor that scares customers away from a business, but business also fail because they expand faster than they should. Most small scale businesses employ lots of staffs than they can handle, which is bad for their growth. It's been long I heard of olx and surprised that it failed, that was a promising business with lots of clients. These small businesses pay higher rents in the offices they occupy, knowing that their income wouldn't stay strong after such expenses. Management is key, that's why the managerial role in every business should be strong and firm, if not it won't progress.
that's true, but there are also several other things that cause business failure among small businesses, in my opinion, the main or biggest factor is the lack of capital, making it very difficult for them to compete and improve their business.
besides that Management is also very important, there are even some of the small entrepreneurs who are able to get up and grow their business bigger but the percentage is very small.
189  Economy / Economics / Re: Without government job we can survive on: June 04, 2023, 01:18:08 PM
We all have the ability to create our own opportunities and survive without government intervention. Creativity and individual efforts can help us achieve success and come up with solutions to social problems. A business like yours contributes to economic development and will have a positive impact on the community.
Such businesses can improve employment and help some people's finances. Self-created opportunities for economic development are necessary for the nation and it is an important part of the progress of society.

When talking about job we cant really rely on government as we can really found jobs from private sector but again government has laws that can make everything fair because without it for sure you have very low salary and you cant also say that they increase it as there are no regulations on it. Government is really big factor to everything but again finding a job we should do our own to find it as the government will not feed it to you

if we have expertise in a certain field, I think we can survive as private workers or self-employed, and many have proven that their income can exceed jobs in government. we cannot rely on it, and for me by being self-employed we will be able to support the country's economy, even though in my country being a government employee is in great demand, especially for those who are fresh graduates. From here, what needs to be done is to improve their mentality so that they don't just rely on being government employees, because young people have to be able to work
that's very true and even I really like work that is not tied down, like doing business or trading, in my opinion if we work as entrepreneurs it is possible for us to continue to improve, there are many things we can do with our own innovation.
but it's all full of risks, inversely proportional to working in the government who always receive a salary every month.

the choice lies with oneself, there are people who like challenges so they choose to be entrepreneurs and there are also people who want a secure position so they choose to work for the government.
190  Economy / Economics / Re: Try to save money while you still can, will you ? on: June 04, 2023, 11:36:30 AM
I did that, I'm sure the income is not always the same every day even if we are businessmen or traders. because of that I learned to try to save less with expenses by not buying things according to prestige, I only buy necessities according to what I need, unless I have a lot of money, I will still save it for sure it will be useful in the future.
whatever income we have, saving is something that must be done, it is very true that we should not spend excess items and put aside saving, especially for entrepreneurs or traders, in the future many unexpected things will happen and if there is no savings then it is possible for the occurrence of financial chaos in trade or business.
I have a small income, and even I have to meet many of my family's basic needs, but even so, I always make time to save even a little each month.
I'm sure it will be useful for the future.
191  Economy / Economics / Re: Money is never enough! on: June 03, 2023, 10:20:48 AM
Many people measure the success and happy of the money earned, I have a real experience, I have relatives who initially have a convection business and only have 5 employees, at that time my uncle had plenty of time for the family and was easy to find, but after 15 years the business developed until I had Around 120 employees and uncles also expanded into other businesses so that almost 4 years I did not meet directly.
it's only natural for reasons of busyness, and a businessman has the ambition to continue to develop his business without any limits for them, as well as the human desire to keep making money without enough, actually this is human nature that always wants more and also encouragement from the environment to can prove and satisfy yourself.

actually it looks too ambitious but if we experience it ourselves it will be very natural, money will never be enough for humans before they
192  Economy / Economics / Re: Why you should use spare money to invest on: June 03, 2023, 09:24:27 AM
Spare money when investment is important, never put money in one type of investment because it will make us regret when the investment loses even a scam, as investors we must always have financial security so that whatever happens we are not easily panicked.
That's why it's said don't risk everything in investing because of the big risks and also the future possibilities that we still can't know.
I really agree that when investing, you have to use reserve money that doesn't interfere with your life's needs, long waiting times and also when market prices decline, the possibility of panic is very small and that's something to avoid losses.
invest in anything, it is very important.
193  Economy / Economics / Re: Do you spend more-do you get more? on: June 02, 2023, 07:10:21 PM
For me in order to achieve it people should make it clear, if you want to spend more and get more then you should put it this way: spend more on investment rather than unnecessary expenses and you would get more(earn more).
In that way those words would definitely make sense, and sometimes it would also be a marketing strategy buy more save more  Grin LOL.
What you say makes a lot of sense, but in this case I also want to clarify with another example where if someone buys more for their business or investment needs for the future, I think that's a good thing because that person can definitely earn more. many if the business and investment experience rapid progress. But if you just buy more just to spend on a daily basis, I think that person will only get more momentary satisfaction in life. No more.
Spend more and get more can only work only if you are talking about investing your money only in that case you can get more profits and advantage but other than that this phrase is totally wrong .
How come if you are spending more you can get more , for getting more nowadays you need proper planning you cant get anything easily nowadays.
yes, it's true, that only applies to investments or other things that have great potential to be able to make a profit, so there is a possibility of getting big profits with large capital.
but if you understand from another point of view then I think in almost every case it applies even if only spending things that are not important but because it becomes a strong motivation and encouragement for people to seek more than what has been spent.
194  Economy / Economics / Re: Try to save money while you still can, will you ? on: May 29, 2023, 09:25:50 AM
~

Agreed. To find a life-work balance is hard but worth all efforts. The more important thing is that in the pursuit of balance, we have set a great role model to our kids. Parents are always children’s “heroes” and if we do nothing positive in life, they will be more likely to be less disciplined and live a miserable life. Nowadays kids are way easy to be spoiled and we, as parents, should both provide a good financial support, more time with kids, and draw a line not to spoil them for the sake of their healthy growth. It’s a difficult task as well but we should do it. No matter what.

We should try, I would say. No one knows how to raise children properly. What we do know is that having enough money is not enough. Kids of rich parents would be perfect, if if it depended on money only. But we all know that in mane cases they are far from being perfect. So, we should focus not only on saving money for our kids' future, but also on their early education, because you can't compensate the lack of it with money.
You're right, but saving money is also an important point if one of our goals is educating children. even today if you want your child to acquire good knowledge you also need money for that. So, raising money is very important for the future. we can teach our children good knowledge while we save. however, the positive effects of saving are numerous. In fact, besides education, you can increase your business or investment by saving consistently.
there are so many advantages of saving for the future but all of that should not disturb the current balance of life, prioritizing the interests or needs of current life and then leaving it for saving.
the matter of educating children and also health is included in the important needs, whether saving or not education and health must be prioritized.
therefore don't save too much so that you put aside current needs.
195  Economy / Gambling discussion / Re: Premier League Prediction Thread 2022/2023 on: May 29, 2023, 08:31:40 AM
A very good result for Chelsea. Because at the moment, Newcastle is one of the top teams in the Premier League. And the performance of the Chelsea team is very poor. But Chelsea played well enough in this match. Made a lot of progress. Chelsea's dominance was pretty good throughout the match. But the interesting thing is that the Chelsea players could not score any goal in this match, even though the match was a 1-1 draw. Newcastle's defender Kieran Tripper mistakenly put the ball into his own net. However, Chelsea's performance in this match was slightly better than in previous matches.
Chelsea's performance has been good but their problems are still the same, namely on the front lines and the ball is not properly organized to be able to create opportunities or goals.
this result is quite fair and for the two teams there is no longer any influence on the results of the match this past weekend.

It's impossible for Liverpool not to play seriously if we look at the match statistics. The most probable reason that was obtained by Liverpool no longer affects the position in the standings.
Those who bet on Liverpool's victory will definitely be disappointed. But anyway this season is a disappointing season compared to last season.

The performance shown by Liverpool this season will be an evaluation for next season.
As Liverpool fans, of course our disappointment is insignificant when you see how the efforts of the players in the second half.
The expenses spent on buying players are also insignificant compared to other strong teams that made it into the top four of last season's standings.
yes that's true, there is no more motivation in the Liverpool team because whatever the result of this match has no effect on them in the Premier League standings.
this was not a good result, of course many fans who bet on Liverpool's victory were very disappointed with this result especially when Liverpool had already won 2 goals but all of that turned around.

this season has been very difficult for Liverpool, their performance has been inconsistent and Klopp has tried many ways to rotate players but good results have not come, finishing in 5th place in the standings is not a good position for a team as big as Liverpool.
196  Economy / Economics / Re: What to do with all guy who loss money to stock market on: May 28, 2023, 08:22:07 AM
What to do with all guy who loss money to stock market

They are all promised to have retirement, stable and passive income, happy ending, fast car, fast house, fast woman, big fat profit, millionaire, high risk high return. Some of them got into big loan and loss everything, while they are still having to pay their loan. Are they gonna get a refund? The broker tell me stock market would make a come back again, it is just a cycle thing, technical correction, everybody would get their refund when market come back again. Now is the best time to buy low, when they market come back, it is your chance to retire young retire rich.

I told broker this is snake oil, and it is over. He respond it is not, you see, everybody too is doing this shady business, everybody doing it, you know, ape together ape is strong, when ape is strong, police is weak, law enforcement is weak, they can't fight the ape when ape together. Smiley
Its authority has full control over the stock market. Moreover, those who are big businessmen can exert influence in different ways, although ordinary investors do not have that opportunity. Again it is true that the market is not always stable. But in countries where corruption is high, nothing good can be expected from the stock market of those countries. Because they can take different decisions there according to their wishes. From this point of view I think crypto is a great platform for those who dream big. Crypto is doing better than any other stock market in the world. Where an investor is able to change the standard of living within a short span of time.
this is different, what you said is true that in Crypto you can get big profits in a short time and can even change someone's life but so are the risks that will be faced, it's quite worth it.
the stock market and the Crypto market are actually the same, it's just that the price movements and possibilities are different, both places have the same risk of loss but how we respond is something that can turn things around.
I've lost money in both places, stock and Crypto market but I didn't stop, because the loss let me know the space for me to try better to take profit.
197  Economy / Economics / Re: Which stocks to buy? on: May 26, 2023, 01:46:44 PM
Now the economic sector has sunk, and is it worth buying shares, if so, in which area? I am considering buying shares of any Internet publications and large companies, is there a demand for them and will there be an increase in shares?

I do not feel that the economic sector has sunk because the development of the economic sector in several countries is still there and has not sunk. Even if there are a number of countries that are experiencing difficulties in the economic sector, I think this is just not resolved by the government there because currently all leaders in every country are always trying to develop their country through several sectors including through the economic sector.

And in terms of buying stocks, I can't give you precise recommendations because I personally am a person who often visits the crypto market and very rarely visits the stock market so there are no specific recommendations about stocks that I can give you, even though buying stocks on some of the major companies include very good options as well for now. But unfortunately I don't have much experience in buying any stocks, because my experience is more in the crypto market.
the stock market and Crypto have significant differences and I think it's only natural that you can't give any recommendations.
I personally do too, I invest more in Crypto than stocks.
but with my minimal knowledge of the stock market, in my opinion, the safest stocks to buy are bank shares, they will not fall and increase significantly, their prices tend to be stable following the movements of a country's currency.
if you look at the percentage of profits, it is indeed very small, but it is very worth it with all the risks faced.
198  Economy / Gambling discussion / Re: Premier League Prediction Thread 2022/2023 on: May 26, 2023, 11:43:03 AM
Lampard was brought to prevent the position from staying empty until the end of the season actually. He wasn't expected to do anything as he was going to be replaced by a permanent manager in the summer. When he came here Chelsea didn't have much left to do in the league as well if I'm not wrong. But even if they had I wouldn't expect Lampard to help them pull themselves together as I don't find his management good at all.

Pochettino is about to come in the summer if the rumours turn out to be true. Hopefully he will help this team climb the stairs from where they dropped to this point. He is a decent manager.
that's right, Lampard was brought in only to fill the void, previously Lampard had coached Chelsea and he failed.
Chelsea this season have run out of ways, and they also realized there was no possibility for them to get up so they decided to become Lampard as temporary coach and forget about this season.

For next season, Pochettino is rumored to be very close to Chelsea, in terms of experience Pochettino is quite capable but I am a little pessimistic that Pochettino will be able to meet the targets of the management of the Chlesea team, this is a big team that certainly wants a trophy and is a little doubtful that Pochettino will be able to fulfill that.

Chelsea's 4-1 defeat to Manchester United is not surprising, Chelsea this season has been really bad and they are no different from the bottom teams of the Premier League.
199  Economy / Gambling discussion / Re: Premier League Prediction Thread 2022/2023 on: May 22, 2023, 04:40:29 AM
I don't think injury of the players are the reason why Arsenal performance turn so badly, only the average players are injured, the key players are keep playing until now.

Yeah the bad sign might the problem, there was a case after Arsenal sign Chelsea's player, their performance become bad, it was David Luiz. Now the similar case happen where Arsenal sign Jorginho from Chelsea, now Arsenal performance become bad.

It seems there's a curse when Arsenal sign Chelsea's player Cheesy
I don't think so, but indeed the mentality of Arsenal's team is very bad this season, they can't win games when they are in a pressured position and my decline Jorginho's performance at Arsenal this season is not too bad, he can be a suitable cover.
and for injured players it also doesn't have much effect on the Arsenal team's performance because indeed their players are very evenly distributed between core and reserve players.
it's just a matter of mentality and readiness, Arsenal don't deserve to win this season.

Manchester city is indeed enjoying the result of hard work, the premier league title has proved that they have spent all the money spent very well, I am an Arsenal fan, and I am really not happy, but then, my sadness is not for the fact that Manchester city took the crown, but for the fact that arsenal disappointed their fans, I feel like they deceive us, making it look like they were going to win the title this season, but turned around in their performance all of a sudden, Manchester city deserve their win, and I congratulate them and rejoice with their fans, it's really a great season for them.
the process that Manchester City went through to get to this point was not easy, they needed time and spent a lot of money and now they have reaped the rewards, now Manchester City is one of the best teams in Europe at the moment.
I highlight one of their players this season, namely Erling Haaland, this is the best signing in the history of Manchester City in my opinion, in just one season he can make a very big contribution.
no other word than fantastic for Manchester City this season.
now Manchester City is focusing on 2 more trophies that will allow them to win, the FA Cup and Champion League this season.
200  Economy / Economics / Re: Saving one third what you earn monthly is not that hard, isn't it ? on: May 21, 2023, 04:40:12 AM
I have a house help - who is always having some hidden pockets in her purse and she saves a lot of money.
It is true people save - but not all of them. Saving is a good habit and its is recommended to save as much as you could. Also emergency funds is very important but sometimes emergency fund in natural disaster is not helpful too.

Apart from natural disasters that don't happen often even though in every year there are always some places. An emergency fund should also be considered as important in life because it will really help someone when they fall sick or when they experience a disaster that requires them to pay for other people's goods, such as in the example of accidentally hitting someone else.

In addition, the housemaid who always tries to save as much as possible is for the needs of her family too (unless she is alone) because she doesn't want her children to feel bitterness in their life when they grow up. That is why a maid prefers to save money in order to succeed in educating her children in a more appropriate place, and besides that it is also very natural for a maid who still feels herself to be poor.
saving is very important for everyone regardless of whether it's for a brighter future or preparing for emergency funds.
in fact, if the income is sufficient, it is not difficult to set aside a little to save, but this desire does not always go as desired, sometimes there are many desires that are difficult to control, making finances difficult to control.
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