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181  Economy / Economics / Re: How to avoid over expenses and have discipline on: November 05, 2023, 07:36:29 PM
Make a money management plan for your monthly expenses. Split your funds based on your needs to get rid of any unnecessary expenses that you incur every month. A preplanned strategy will give you discipline as you will always have in mind that there are other matters where you have to spend money. No matter what happens without any extremely dire cases don't borrow money as this is a burden that will put extra pressure on your mind which can reduce your productivity at work.

The most important thing is money management to get rid of all the financial problems. I have seen people cover their monthly expenses with less than 100$ and they are not complaining.
182  Economy / Collectibles / Re: [Free Raffle] Exclusive MixTum collectible card №2 on: November 05, 2023, 02:57:38 PM
3 - DVlog
183  Economy / Economics / Re: Fiat & Crypto - Effective Expert Advise on: November 04, 2023, 08:49:40 PM
It is important to be able to not waste your time and energy on too many things. You need to be able to focus on a narrow specialty where you are clearly better than others.

I can not agree more with your statement. Some people just jump from here and there to make things hard for themselves when focusing on one thing gives quality outcome. Another thing we should keep in mind is that it's not good practice to look for suggestions on the internet. Your passion and interest are well known by you not by some youtube. Find your interest and start developing it so that it can generate money for you. 
184  Economy / Economics / Re: AI will put an end to work, says Elon Musk on: November 04, 2023, 08:41:46 PM
Humans will always be unique and possess qualities that even robots and AI lack. I'll continue to embrace and maximize my human nature to stay productive and thrive. We should all start honing our skills to compete with AI. Alternatively, if we can grow even further, we should become humans who utilize the presence of robots and AI, not be replaced by them.

Why do we need to compete with AI? Aren't we the ones who created them and placed them where they are now? I consider AI an extra hand to help me with my work load. They help me to do things fast so that I can use that extra time I saved somewhere productive. We don't need to match up our skills with AI as we will never be able to do that if that AI is well programmed.

https://builtin.com/artificial-intelligence/risks-of-artificial-intelligence
Predictions suggest that by 2030, around 30% of jobs in the US will be replaced by AI. This means they also assume that AI won't take over all human jobs, as humans will still be needed as employees or in specific fields.

Humans will be the ones to manage and give commands to those AIs. There will be new types of job positions in the industry. You don't know how things will evolve but just think have you ever thought that a digital form of money will appear in the industry and shake the whole world with its presence before the release of the bitcoin whitepaper? Evolution is beautiful and we should embrace it.

At the very least, even if our positions are threatened by AI, don't panic about what's to come. We are human and have qualities that AI can't replicate. It's better if we implement a principle of collaboration between humans and AI to work together, not to replace jobs. AI is here to complement, not to substitute, and that might make us feel more at ease and less stressed during this transitional period.

You are talking like AI is a new species that is threatening our existence. Don't forget we are the ones who developed and are going to put those AI to work. They can not do anything that we don't want them to do. They don't have emotional or critical thinking abilities. As you have said "AI is here to complement".
185  Economy / Trading Discussion / Re: Importance of emotion while trading on: November 04, 2023, 08:07:07 PM
As a trader there is no way one can limit themselves to only Bitcoin and a traders portfolio will surely have multiple assets but it's upto the trader how he reacts the market trend and to be honest just like others even I have made mistakes while trading like sell off or buying in immediately once pump/dump happens but ended up having opposite results where I ended up losing either because the coin which I bought due to pump got dumped or the coins which i sold due to dump had regained the value and started moving upwards. We should rather learn to read candles with multiple indicators and go with technical analysis rather than just by looking at short term market movement, one should make hard and fast rule about do's and don'ts when it comes to trading and strictly adhere to it regardless of market sentiment. All we need is a proper SOP (standard operating procedure) for trading which will help us to keep emotions at bay.

I am not sure about your trading skill but I am really interested in your writing skills. A long sentence like this makes it difficult to understand the main concept of the comments. There is no offense, just a piece of advice.

You are right about the diversification. A trader doesn't need to keep his trading activity limited to bitcoin only as there are other markets where lots of money inflow happens. A trader's goal is to make a profit and it doesn't matter which coin he is using to do that but if someone is a long term holder then he needs to be careful when doing diversification, as most of the altcoins are scams or won't perform well in the next bull run.
186  Economy / Trading Discussion / Re: Trying to find advice and info about selling BTC on: November 04, 2023, 07:20:10 PM
The amount of BTC OP mentioned is pretty high and I am not sure it is a typo mistake or not but I think OP was trying to say $392,000 worth of BTC.

To sell that much amount on a centralized exchange is the only option right now, and you can not use all the exchanges as the 12B worth of BTC you are talking about. It will be hard for even an exchange like binance to take on that load. I am surprised to see someone with 12B worth of BTC who doesn't know how to sell bitcoin in the open market and I think the owner of that BTC is in a difficult position right now because his law enforcement authority will hunt him down as soon as they learn about these findings.
187  Economy / Economics / Re: AI will put an end to work, says Elon Musk on: November 04, 2023, 06:48:08 PM

These comments can increase the fear and anxiety workers always had that these super-computers will replace them in future. What are your thoughts regarding the statement by Elon, do you think we should take him seriously?
Computers took over the job of typewriters. We've heard that AI will take over the jobs of humans but that is not the problem. The problem is,  what are humans doing about it particularly those who are afraid. Are they up skilling to get themselves ready? Or are they whining. There is a certainty that the jobs that exist today will not exist in the next 50 years whether there is AI or not the only people who would benefit from job change are those who upgrade their skill sets or learn a new different skills to fit into their reality. I don't care what Elon says, you all need to re-read the writing on the wall.

The world is changing faster than our age especially the economy. There is a wide range of jobs we have in our economy that no one imagined 50 years ago. If your grandpa ever thinks of it, there will be jobs for data analysts, marketing experts, web security expert etc! There are so many new job positions that exist in the market right now that will be occupied by the AI but that doesn't mean there won't be new job positions for humans that we can not think of today. Those who are whining are afraid of new changes when the solution is to adapt them in our lives.
188  Economy / Economics / Re: Would you rather start/grow a business from scratch or buy an existing business? on: November 04, 2023, 06:40:20 PM
It is not easy to grow a business from scratch and become successful in the end. Most of the business ideas failed to make a spot for themselves in the open market and this is why there isn't a second amazon or Twitter. Only the best ideas, efforts, marketing and investments saw the light of success. Yet there is no assurance that your business will be successful despite all these efforts.


I don't really have much to say as regards to this post. It is just an avenue to hear your thoughts on which is better to invest both time, energy and resources in, mostly for a season as this, where we are experiencing economic uncertainty and ill-timed government banking policies.

So, given that the resources are available or not and you are presented with the opportunity to start/grow or buy an existing business just like Elon Musk, which option is more preferential and benefitial to you?

If a business is doing good then it's a great deal to take it over at a reasonable price. Even though that business is not doing good still it is still better to buy that existing business as that business already has its infrastructure, team and recognition in the market. So with some effort and professional touch you can relaunch that existing business for a new milestone.
189  Economy / Trading Discussion / Re: Must Read: Scams disguised as premium signal groups/channel on: November 03, 2023, 08:57:14 PM
I was in one of those groups. Actually one of the youtuber i was following was sometimes the owner of the group and later I figured out that he was doing sponsor videos for some altcoin projects and telling his community to invest in those projects. In the mean time he was taking promotion charge from those projects and making investments before releasing the video and he later dumped his bag when his community started buying. These were low cap coin so it wasn't hard for a small community to pump up the price. His secret was revealed to me after he took a significant loss from a project.
190  Economy / Trading Discussion / Re: Tips to Follow traders/scalpers (who use Stop Loss) on: November 03, 2023, 08:47:14 PM
Hi do you know any good traders/scalpers (who use Stop Loss) to follow either in any copytrading platform or signal providers etc?

There are very good traders in bitget, bingx but they dont use stop loss..I would prefer to follow traders/signals providers
who use stop loss


If those traders are doing well without using any stop losses, then what is the problem here? It is not possible to identify whether a copy trader is using stop loss or not as the exchange only shows traders statistics about past trading activities. If any of the copy traders has any communication channels in that exchange or outside that exchange then it will be better to ask him personally. There is no way to know about this without them telling you personally.
191  Bitcoin / Bitcoin Discussion / Re: The possibility of another bitcoin hardfork. on: November 03, 2023, 08:41:55 PM
Come to think about any possible hard fork and splitting the chain like it happened many times in the past, you have to wonder, why are they shooting themselves in the foot?
Because if you have a substantial amount of hash rate to have any influence, why would you remove your self from the competition and allow other miners to benefit by replacing you?
Since you'd be moving to a new altcoin and would allocate your hash rate to mine the new coin, which will become more of a dead coin over time, you would be doing the rest of the miners a favor.

If they are ever going to do anything like this it will be to rewrite the rules for the network which will be beneficial for them. I think they have the money and if they have the hashrate then they just need support from most of the dev community to promote the new bitcoin network and deframe the old one. This is not an excuse for them to try but the point is are they interested in doing anything like this? The future will reveal the answer.

Chinese miners made a mistake by migrating some of their hashing power into alt/forks, it allowed US to take control of the majority of hash power.
And now if US miners decide to fork, it'd be a strategic mistake IMO. So I'd say there will be no forks, but US is known for such mistakes. That's why you should be ready for anything.

I agree with your statement but I think Chinese miners shifted their hashpower due to the unfavorable policy of their government towards bitcoin miners and those who didn't want to shift their mining power just relocated their base of operation to another country.
192  Other / Meta / Re: Requesting for a Bengali translation and Press release sub board on: November 03, 2023, 08:31:33 PM
You should ask someone to check who has some experience or you can trust.
As said before: the translation in question wasn't checked because previous translations of the same translator have been checked so I assumed the translation was a legitimate one.
What's your opinion, if I create a new topic in services (like AOBT) but for checking translations for "problematic languages", where abuse has been detected? I could link any new translations before meriting and people like you could be my "trusted proofreaders": You could write a few words in that topic, if it's a quality translation or not, and I could finally approve it, when I have your confirmation.
What's your opinion of such a solution?

The idea is good and not only him but many other board members will also be able to look at it and provide their opinion. This way only the best translators will get recognition and spammers will try to stay out of this. I worked with a blogsite before where I did translations in our native language so i also have the skill of a translator and i am sure there are a few others on our local board who also have expertise in this category. You will get at least 5 to 6 expert proofreaders.
193  Economy / Economics / Re: Are You Sticking to Your Plan or Has Life Made You Pause or Modify It? on: November 03, 2023, 06:34:39 PM
We often advise newcomers asking about successful Bitcoin investment strategies to have a well-structured plan and stick to it no matter what. Nevertheless if there is anything I have learned is that in bitcoin investment it  is rarely a linear journey. And despite our best intentions and meticulous planning, unforeseen circumstances can disrupt our initial plans. For the community I want to know, has your investment plan always unfolded as expected or have unexpected events caused you to pause or modify your plan? Despite our best efforts there are instances where sticking rigorously to a plan becomes challenging due to the unpredictable nature of life.

Everything is going on as I planned until now. My long term goal, accumulation strategy have never changed and they won't. The only changes I made to my long term goal were to lift the portfolio size higher than I planned for at the beginning of my journey. For my short term plan I was much more flexible and made changes based on my necessities. There were some downside which gave me valuable lesson but my mindset and overall strategies are still the same. Historical data tells me bitcoin is following the path it took in all of its 4 year cycle so there is no point in thinking it won't be this time. Although i do believe there is no guarantee it will be the same this time but the probability is high.
194  Economy / Economics / Re: US GDP growth beats WS estimates, grows at 4.9% , and this is good for Bitcoin on: November 03, 2023, 06:26:16 PM
USA loves to boost about how amazing their nation is, while there are people dying on the street from starvation and drug abuse. I am sorry but what kind of great nation would have that, I would very much prefer EU over USA, the "freedom" of USA became "freedom to die of drug abuse on the street" and I rather not have that, thanks.

Drug addiction and homeless people are not the only problems in the USA and they are not the only nation suffering for this. What percent of the population is leaving in a worse condition than this? The number is not super high and if it were, then people from other countries wouldn't want to settle their lives here. I agree with you that some EU countries are better than the USA for living standards, but the USA is not super bad.

I prefer the EU over the USA due to the frequent gunshots in the USA and civilian casualties. Sometimes these events give me the feeling that the country is in a civil war. If the USA's democratic constitution fall on then this country will be in a civil war.
195  Economy / Economics / Re: AI will put an end to work, says Elon Musk on: November 03, 2023, 06:15:32 PM
If AI can replace the human labor force then let it be. We will create other job categories where AI can not be used. It seems impossible to some people but just think AI was also impossible to imagine in the 18th century. So you will never know how things are going to evolve.

These comments can increase the fear and anxiety workers always had that these super-computers will replace them in future. What are your thoughts regarding the statement by Elon, do you think we should take him seriously?

I don't know about others but I am taking him seriously. If a car can drive on its own and Alexa can book an appointment for you with your doctor then it is also possible that a humanoid machine will work on the field, mine, or in factories. I don't think we need to be concerned about it. I think this will boost our production rate and work efficiency. Our economy will create other job opportunities that can not be done by AI. It is not possible to 100% depend on AI. 
196  Other / Beginners & Help / Re: First bull run - how to not sell too early? on: November 01, 2023, 10:40:13 PM
Higher time frames and moving averages give an accurate signal for market change. If you use 200 EMA in a weekly chart of the bitcoin market you will see most of its previous signals are accurate. When the chandle crosses above the 200 EMA line it is a buy signal and when it crosses below it is a sell signal. You won't be able to sell at the peak by using this indicator but you will surely be aware of the direction change of the market.
197  Other / Beginners & Help / Re: [Guide and Advice] New Here? How to Earn and Learn. on: November 01, 2023, 10:35:01 PM
Concentrate on mastering a single skill, secure internships to build valuable experience, and land a well-paying job.

simple and straightforward thinking that can help an individual get to his milestone. One single mistake that is common among newcomers is that they jump from one topic to another. Even sometimes they don't put much effort into identifying their passions and interests because they are so amazed by someone else's life that they want to be like him. We all have our own unique strengths, which can be amplified with proper guidance. OP provides some valuable sources that can be used to unlock ones potential in the virtual world.
198  Other / Beginners & Help / Re: Timely Secret to Profit on: November 01, 2023, 09:09:03 PM
Bitcoin had been volatile all year out.  Since Bitcoin is highly volatile the Bitcoin market is safe haven for the scalpers.  It is not only for this end year time.  To make not a mistake in this end of year, just continue holding, it is the best strategy for beginners and those who can't read the daily market movement.  We can also do DCA to continuously accumulate Bitcoin without the headache of timing the dip.

Holding and DCA is way easier than reading the daily movement of the market, besides we are already nearing the halving so I guess accumulating now is the best move since bullish trend is not so far away  after the halving event happen.

You said to get away from the market volatility we should keep holding but what if someone who hasn't invested in the market yet is a newcomer? I think what the OP is trying to say is that newcomers shouldn't be excited by seeing current positivity in the market as there can be a lot of manipulation and institutional sell off to book profits. This is the end of the year so the market can go either way. Looking for a breakout in either way can give us the opportunity to make a short term profit from the market.
199  Economy / Economics / Re: What does being rich mean in your perspective? on: November 01, 2023, 09:00:41 PM
It's one of question which differs from person to person. How do you define richness?
Being rich is when you can cater to all your needs and wants without compromising your funds. When you are ready to help other people in need, most especially in their financial problems. And being rich is when you don't worry your future anymore since you have reserved adequate funds to create a brighter and a more meaningful future. And once you're rich, you become financially secured and independent that no matter how many problems you might encounter, you will always be the last man standing.

Some might say those who can fulfill all of their desires are rich or those who don't feel the lack of funds inflow for these financial needs are rich. It depends on the individual's personality and social standing. From my prospective perspective, someone who is knowledgeable and aware of most of the history of the world and society is rich. His knowledge and personality represent his richness. 

You can never be financially secure and independent as human desire has no limit and money can not fill its desire. Some people feel insecure by thinking about how he will feed his family while others feel insecure if they can not buy the latest model of the iPhone by thinking his social status will drop. This whole thing is sentimental and can be totally different for every human being.
200  Economy / Economics / Re: Recession? How to face It? on: November 01, 2023, 08:41:57 PM
This is a phenomenon that often occurs in the economy, not a natural phenomenon as you say because recession and inflation arise through economic changes that are not controlled by the parties involved so that it can cause bad things to happen within the economic scope, such as in the example of recession and inflation that has been felt by everyone throughout the world. And the good option is to continue to work hard and save money because only with this can everyone fight recession and inflation through their own lives.
Saving and working hard are efforts that everyone must make, but working hard is not enough if it is not accompanied by smart work. Inflation and recession have killed several sectors and caused economic decline for people to make money. In the end, people's lives have become increasingly difficult because they are unable to meet their needs. Fighting inflation and recession is not always about saving and working hard because it requires collective work from the government, society and suppliers of goods in the market.

Recession and inflation are bad for the economy but not for you if you know how to use them in your favor. In times of recession people sell off their assets and land due to unemployment and financial instability. This is a hard time for most of the people and unemployment creates fear within society that there will be famine so people try to save their money as much as possible. This causes a lack of cash and a drop in demand in the market which declines the price of gold, silver and real estate. I think this is the best time to buy an asset as you can get it below market price if you keep your eye open for such an opportunity.

On the contrary wealthy people use inflation in their favor by taking long term loans from the bank and using those assets to invest in assets like gold, silver and land that have small effect from inflation. The value of their wealth increases when their debt remains the same in number but drops in value.
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