The lack of financial education in general is a worrying problem. We teach students about literature, maths, science, ... and we tell them that those are the things they need to know in life. Yet usually, the largest single expense they will have on their lives is a house, and that normally comes with a mortgage. Yet, only a few schools will tell them what should they be expecting, the risks and the consequences of such a contract.
Bitcoin and alts is another case in which people are carefully kept in ignorance by the governments and lobbies.
What can we do to make more people interested in economy and finance and to better educate the youth so that they don´t get ripped-off?
Sometimes it we have lack of financial education we can not manage our money properly we can not go things in a good plan of investment Majority of the world have this tendency to raise their financial position as they have some enough money with them. But the problem comes when they are totally ignorant of the fact that how to use my money efficiently that can help me to raise the living standards of myself and my family. This only comes with money management and learning to know the paths of how to do this. Financial literacy is crucial to help consumers save enough to provide adequate life, while avoiding high levels of debt that might result in bankruptcy, defaults and foreclosures. Those with low financial literacy have less wealth and end up paying unnecessary fees for financial products. In other words, those with lower financial literacy tend to buy on credit, and are unable to pay their full balance each month and end up spending more in interest. |
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I think it's the whole cryptocurrency market is in decline, and the amount of XRP is too big, and the tokens are centralized, so need to be cautious, I don't think the tokens, so I don't think it will reach $2.
Hard is to do any predictions. What I can say is that it can easily go back to $3,8 since in the last few weeks from total market cap almost 300 billion USD disappeared. If those big players come again into the game it can even go to $5. |
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For my mind, most of the people who wrote "do this, do that", also has a lot of difficulties about predicting.
There is no prediction that guarantees the truth perfectly, we can only think positively that the price will continue to improve so that we do is to hold and believe that someday bitcoin price is very expensive. One of the big plus points for Bitcoin going forward is the entry of the cryptocurrency into the futures marketplace. This will undoubtedly have a massive impact on the growth potential of the digital payment system. |
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Because we need leaders to lead us to the right path and to make laws that will make a country grow and productive.
One unusual but not unthinkable idea, for instance, is for government to directly support mutual action and key campaigns.Negotiate a better deal on domestic energy consumption. Government support for such initiatives would be transformational. Similarly, nurturing the process of getting people to run their own facilities locally can be seen as one of the few positive developments from the austerity agenda. |
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Everyones hasn diferent beliefs about money and wealth. See for example 35 different ways of thinking about it here: https://daringtolivefully.com/powerful-beliefs-about-moneyOne famous author, not my favourite, yet an influential one is Robert Kyosaki. In his book poor dad, rich dad, he examines two different beliefs and states that those believes will shape your success. What of these do you agree with? What other beliefs do you have about money? 1 - Millionaires are greedy, that is why they become millionaires. 2 - Company managers just want to use the workers to make themselves rich and others poor. 3 - Having money is a question of luck, if not of "gods grace". 4 - Debt is always bad. 5 - To make money, you just need to have a great idea nobody thought off. 6 - Cryptos are the way to make money and be successful without having to put effort into it. 7 - To become rich I just have to believe in Bitcoin because many people have become rich doing that. 8 - To become rich I just have to be more clever and streetwise than everyone around to get my share of the cake. Your turn to think ... (EDIT: These are NOT my beliefs, at least not necessarily, is just a list to think. Is not the list by Robert K. either.) My point of view in money and wealth is not easy because you need to work hard for your needs. More trials and error before you reach from the top, but once you reach it you feel it to your self that you are successful because of the hardwork, honest, and kind to otgers thats why you reach that goal. Actually have to save money. If you spend all the money you earn, instead of saving and investing it, you will never create the financial abundance that you could have. |
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This is good development to crypto. It will contribute and give an impact to this market of exchange. Now bitcoin price starts to increase and increase again maybe because the changes of price depends on every supporters not just from one place.
Since the cryptocurrency market experienced a major correction in January, most analysts did not expect the market to begin its recovery period in February. But, demand is already growing in the market and analysts expect it to be reflected upon the global market in the next few weeks. |
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I will say this from my personal experience! Sometimes you need to analyze the coin when it starts to fall! for 2 weeks I woke up and thought: Well, at last the coin has reached the bottom! But no, the next day it was even lower! Of course you should not ever sell when it goes down, because always after the fall there will be growth!
Sometimes we buy cryptocurrencies and sell them off because of bad news and fear of the uncertainty, but at the end those coins will end up mooning way above what we predict. |
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Bitcoin was the first, and is the most famous, of a new type of digital money. The plan was to make a form of currency not controlled by governments or businesses, that you could trade globally with no cost and without having to reveal your identity.
Bitcoin is far from his maximum. It is a new unique case, very hard to compare to anything in the past. The way bitcoin was born and how it growth make it a unique asset,with a huge demand. |
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This industry is still very immature, especially the ICO market, there are a lot of fraudulent ICO projects.
And exchanges have many unspoken rules because there are no rules to limit them.
The mass populace is not fully aware of the issues plaguing centralized exchanges. Decentralized exchanges require a bit more tech prowess and may be slightly inconvenient for new users |
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So many promising projects in the space for me, this quarter, but I think these 3 stand out for me: Insight protocol, Grain and Hyrid, those that I think would likely make it lists are: Engagement, Ochain, Napolien X, Zebi, GBX
BABB: bank account based blockchain are facilitating a means for anybody worldwide to obtain a UK bank account, complete with account number, sort code and Iban number for international payments. |
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Totally hedging with this answer but I think overall it'll be a good year. There's likely to be some massive regulatory shocks and market downturns but I think we'll be the better for it.
It is important to note that it is not late to invest in cryptocurrency. That’s why we have to choose the cryptocurrency whose price is low and will increase in next couple of years. More investors are interested in investing their money on cryptocurrency.2018 will by good year. |
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By stop throwing bad things in pond, lake, and river. By this we can manage a little water pollution. By not throwing Cculpture in water we can manage water pollution...
Minimize the use of pesticides, herbicides, fertilizers. Do not dispose of these chemicals, motor oil, or other automotive fluids into the sanitary sewer or storm sewer systems. Both of them end at the river. |
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I really don't know if bitcoin can change the distribution of wealth in the world. I have some friends here the become rich because of bitcoin.
In reality the way that wealth distribution works, is some people will get insanely rich, but the vast majority of people will end up just getting rich and selling their coins to people who are extremely wealthy now. |
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Yes , i really believe god because god give something special for me.
When people discuss God's existence is that if the laws of physics were even slightly different from how they are, life as we know it would be impossible. |
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As a newbie, there are sure many things to learn about bitcoin. You should buy some if you have money then HODL. You will learn rest with time.
With all the madness in the markets, it’s best to lean on expert advice to help wade through the FUD(fear, uncertainty and doubt). I have been following various crypto investors, day traders and software to make progress. |
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Yes, for education would bring us to where we want to go. It would lead us to happy and good life.
If you want to lead a happy life and enjoy the good things the world has to offer, you certainly need to get educated. A great job, a good social reputation are few of the many benefits of being an educated person. |
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Top-10 has good future, obviously. Other coins - work on some reserch, think about what need be in future and what coins do this needs
People looking to replicate the success of the first Bitcoin investors are investigating ‘alt-coins’ including Ethereum, Litecoin and Ripple in the hope they can be bought cheaply now and sold for a much higher price at a later date. |
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motivates a person to work by giving him the spirit and words that make him rise and move, because life would be too simple if just sitting still but the world would be challenging if moving forward and working.
People perform best when they are given autonomy, opportunity for mastery, and the belief that their task is meaningful. Money is not the best motivator, and that employees want to be "players, not pawns. |
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Yes, every country is corrupt. I don't believe that the whole country doesn't have people who steal money
My own analysis suggests that before we can deal with systemic corruption we must first come to grips with the fact that it doesn't occur in a vacuum -- it is a symptom of deeply rooted economic and social maladies. |
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Most people buy high, HODL, then sell low.
The right time to buy bitcoin, I think that would be a judgement call on this. However it would still be reliant on how they can predict and read the ebbs and flows of the financial market. Tomorrow, today and even who knows bitcoin might be gone and people would want to get selling on it. Its toward this that some might be hesitant to sell but sometimes its the right call Bitcoin prices may be constantly going up, but they are also very volatile, which can scare away many investors.No one knows the exact time which is appropriate for buying cryptocurrency as Bitcoin.The choice is yours. |
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