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1861  Economy / Economics / Re: Is there anything like Bitcoin savings? on: March 15, 2023, 06:01:56 AM
It is as long as you've secured your main wallet like banks secure money. You can be your own bank with your own money. You can send frequently bitcoin to your wallet as part of your savings, and most people do this, but some people just store or hold bitcoin one time and almost forget about it for a few years, and they will just open it if there is an emergency or it is time to sell. There's nothing that will happen to your bitcoin as long as it is secured.
1862  Economy / Economics / Re: Planning avoids unnecessary expenses on: March 15, 2023, 04:45:43 AM
For me life must have a concept of planning so that it can save us from unnecessary expenses that can conflict in the future. It's like having a map to guide us toward our destination, helping one avoid detours that can lead to financial problems. But sometimes it often goes off the rails too. At least we'll all be grateful for that later.

Though life is not always goes as it plans that is why we should be prepared what path we are going to like in this unexpected expenses if we have savings or funds about this then it means we are prepared and we can tackle this problem. Only the cons is that if you are just only earning minimum and it is only enough for your needs. That is the time if you want to be prepared find another source of income so that you can achieve those your plans
1863  Economy / Economics / Re: Lending money or damaging family bond ? on: March 15, 2023, 02:19:14 AM
Any time we lend money to someone, whether it be a friend, family member or even our own parents, this is a decision that will have an effect on the relationship. The reason for lending money to someone is to help them with their financial problems and in return you always expect more than just money

When it comes to this, my real thought is that I will only help them as long as their need for help is genuine. I will help them as much as I can, knowing how difficult it is to be in that kind of situation. I don't go after relationships, but I always think that I will need their help in the future, so I won't expect them to pay it back. 
1864  Economy / Economics / Re: Poor and Rich on: March 14, 2023, 05:28:51 PM
people who are born into poverty may not have the same opportunities to accumulate wealth. They may not have access to quality education or job opportunities that pay well, and they may face other systemic barriers that make it difficult to move up the economic ladder.
that the opposite for rich people, who have many superiority,since they born.

You have a point, but that doesn't mean you'll stop on that phase and just not do anything. There are a lot of businessmen and entrepreneurs starting at the bottom, meaning they don't have wealth, but because of their determination and hard work, they are able to achieve their dreams. We should not stick our heads into this, let's make an opportunity even if this is very difficult compared to those rich people.
1865  Economy / Economics / Re: Why do people stay poor? on: March 14, 2023, 03:12:34 PM
I have always wanted to ask this question is it that there is no opportunity or they do not want to get rich
- dependent on a single source of income/work

Here are a few reasons that are consistent in my opinion.


Most people will say on this that they don't have the opportunity to find another source of income they are only thinking inside the box meaning if you sell stuff in your office or to your workmates/online that is another source of income but people will think that the profit is small that is why people don't gain anything as they want to get profit big immediately. Also when it comes to finding side jobs they always not doing it because they tend to say they are tired which it is true but it is a matter of how you will sacrifice things.
1866  Economy / Economics / Re: less risk or big profit? on: March 14, 2023, 12:55:49 PM
Investment will always be in line, the higher the risk, the higher the profit opportunity, and if the type of investment is low risk, such as stocks, property, gold or something else, then don't ever expect to get big profits, for me investing in types that are at high risk are better and have better opportunities to change our lives, if I already have assets of tens of millions of dollars then I will use a low-risk type of investment.
Very realistically, it can be said that those who are investing in cryptocurrencies are those who take risks in search of high returns. Honestly, I don't have enough money to invest in real estate, and crypto is my choice, I take risks to get higher and faster returns. But if one day I have enough money, I will also consider investing in less risky assets. Real estate is still the safest investment, I think everyone knows that, but unfortunately, it is not for small capital investors like us.

If comparing both Crypto and real estate about its risk real estate has a lower risk because the land and house you are selling is that value overtime is increasing but the risk on this is that you need to have maintenance if there are houses and also you need to pay tax, unlike bitcoin that we can say it is some sort of passive as you just hold it but it not the same with real estate that you can beautify it if it loses value. We have our own preference others want bitcoin and others want real estate.
1867  Economy / Gambling discussion / Re: Betting strategy question on: March 14, 2023, 11:04:48 AM
Have you ever been given a particular strategy to use in gambling which eventually does not work for you and you regret later, that's why we need to think and rethink over any decision we are making before taking further steps of action when it comes to gambling strategies, there are sometimes we may see what others aren't, and that small mistake cab ruine a bet, not everything thing we received should be directly applicable to gambling when we are about taking an action, ours can work and blended up with the ones received from others for complementation.
Some people use very strange methods when they are trying different types of games. Especially in sports betting people develop mathematically favourable methods many times. But in the end even if you pick the best choices around, its all up to humans. I mean there is no strategy that can give you %100 guarenteed bets. %83 chance of losing as OP says isn't exactly valid because you have one take with it. It means if you lose, you can't repeat, so winning chance is somewhat not satisfying mathematically.


The probability of winning which calculated by those geeks that are into numbers but again it is not a 100% winning rate it is just who they are in favour too. I also remember one of my elder relatives regarding the lottery he usually calculate numbers based on history to see what's the next number that show up even if we know it is pure luck again he will calculate it and sometimes win so it is still the same that you have your own strategy but it doesn't mean that you'll be guaranteed to win.
1868  Alternate cryptocurrencies / Altcoin Discussion / Re: What holds you back from investing in Altcoins ? on: March 14, 2023, 09:50:01 AM
The risk because it has more risky than bitcoin meaning in bitcoin there is a high chance if you held it for a longer period of time of getting profit is high but on altcoins, there are instances of getting die, devs walking out and owners going to dump it. Most of the controversies are in altcoin which a lot of people got scammed into it but on the bright side, you can earn more profit on it if got lucky to find the most promising project that is why people are spending a lot of time finding those reliable project to invest into.
1869  Economy / Economics / Re: How do you survived during covid19 ? on: March 14, 2023, 08:11:24 AM
I don't want to recall what covid brought us as that is the time I lost my job and also hard time finding one because of the covid and not being allowed to go outside. It was a ghost town and you only saw increasing deaths every day and friends got covid. It was the most difficult and frustrating in my life but our government was giving us food to us which make us live after covid when it starts to open I found a job and we start to recover from it. I don't want to recall more on those days as it hurt me a lot and for sure others too
1870  Economy / Economics / Re: Can one achieve financial independence through crypto currency? on: March 14, 2023, 05:48:47 AM
The popularity of crypto currencies has been on the rise in recent years and many people are drawn to them as a means to achieveing goal of financial freedom.
Additionally, the decentralization and global nature of crypto currencies like Bitcoin, Ethereum and others, have made them an attractive option for those who want to take control their financial future and want to avoid traditional banks and financial institutions. They can also provide hedge against inflation and currency devaluation.

Given these factors, the dream of financial freedom can come true by using crypto currency?

financial freedom : the term has different meaning for different people. Your geography, your education, family background and your lifestyle it all contributes towards how you approach and achieve it.

Cryptocurrency can pave the way to achieving your dreams , by utilising the appropriate means available and making the right decision on the right time.
That is correct to some extent in west people earn for the whole week and spend their pay on the weekend.
on the other hand - people in our area - gets the monthly salary and they do the monthly grocery and keep saving for their kids Smiley who are not yet born

It is not bad to spend their pay on weekend for some sort of celebration but the bad side is that if you go broke after spending it but it is also not good if you keep spending it every week and not saving as for sure you've got a problem. Also, those people that are really saving a lot for the future are really amazing people as I cant even save myself when I was still a teenager, I only want to party and didn't worry about my future. For sure those kinds of people would have a nice marriage as they already have savings about it.
1871  Economy / Economics / Re: How to increase capital investment on: March 14, 2023, 04:43:57 AM
If we believe that the business we are running has good prospects then it is time to recruit some people according to their expertise, for example, finance is focused on the flow of money and of course can increase company capital, many banks are ready to provide credit as long as we can present the business we manage, if we don't dare to borrow capital then we will seem to be walking in place and it will be difficult to develop.

I noticed this mostly in those company that is really good at running meaning they generate revenues that is why they need to hire directors to run their business and then that is the time they will again venture to new business which they will build. Meaning they really want to increase their wealth and find another method to earn more money which again those earnings can increase the capital of their new business. Also most of the businessmen I've known is that they really start their business by borrowing small money to their parents or friends,
1872  Bitcoin / Bitcoin Discussion / Re: Introducing bitcoin to local communities/villagers on: March 14, 2023, 03:40:07 AM
I am not sure what you've taught to them but can you show your notes or any kind of presentation so that other forum members can also try to improve it to learn more. But it is a good move by yours but it wont be sustainable for me , i think others also having hard time spending money to get a load to buy internet for their phone and also most of people there are struggling. It is really better to find like other solution than can brought them money that they can do physically. This is really the problem if what kind of things to be done as your government is not doing anything to provide more jobs
1873  Economy / Gambling discussion / Re: Some of my big losses (Gamble Responsibly) on: March 14, 2023, 01:47:55 AM
Those numbers are pretty big and am very amazed and i am not shocked lot of newbies or gamblers sending messages on you as you win big because you bet big. I am just glad that your thread are true as you know a lot of people here make a thread just for the sake of merit. You bets are really huge and i cant imagine betting that huge but again you are spending money you can afford to lose then its okay for you
1874  Economy / Economics / Re: No petrol/diesel car sales by 2035/ Reality or dream? on: March 13, 2023, 05:14:07 PM

They started off claiming that the ban on the production of cars with internal combustion engines would take place in 2030; now they've moved it to 2035, and chances are, it will be postponed again. However, even in 7 years from now, there will be a wider variety of electric vehicles, and more people will opt for them since they will be cheaper by then. Moreover, most European countries still don't have the facilities to accommodate a higher demand for electric cars. The transition will take time, and they will become more popular as time passes. Even I'm convinced that my next car will be electric in a few years, but a complete ban on ICE cars isn't feasible anytime soon.
The reduction of gasoline and diesel vehicles, as well as the increase in the number of electric vehicles, will occur gradually and in stages. The main thing is that the countries of Europe have already adopted the relevant law and it will be implemented. This will be facilitated by further climate change on our planet. The unbearable summer heat will be a good argument to switch to the use of electric vehicles and pollute the environment less.

I am more scared of melting ice in the antarctic than the summer heat compared to climate change as it makes a continent get under water. Though other also country starting to be stricter now about those gasoline/diesel cars that are right now in our country I've seen a lot of e-bikes and e-trike along the roads for better help fighting pollution. Though right now it is still expensive, I hope in the future it is way more affordable we can afford to buy and own one.
1875  Economy / Trading Discussion / Re: You Learn More from Losses than from Wins on: March 13, 2023, 02:52:46 PM
logically one would start to notice something was wrong when they failed, or made a mistake.
I have experienced this and only felt the effect when I lost and didn't take the market for granted anymore, or immediately used a lot of money to trade.
just need to control my emotion.

Its because the effect of winning a trade is not much than losing because in your mind you'll say oh your strategy is working so no need to tweak it for sure you'll hope for more wins as you know the reason behind it but for losses or wrong trades you'll be searching more, tweaking or and finding the reason why it's a loss which it will really sink into your mind and you make your own way to solve it, and if you are that kind of person that won't sleep if you can't solve it, it will really in your mind until you realize what mistake it is.
1876  Economy / Economics / Re: Benefit from Higher Education? on: March 13, 2023, 01:11:48 PM
I think the most important thing that can guarantee a better future is education, rich people will make education the most important investment so they will look for the best schools even in developed countries, India is a developing country that places great importance on education, many leaders of the world's top companies are from India because the Indian philosophy is to make education as important as eating to survive.
You are right. and what is meant here is the breadth of knowledge and insight not just holding a diploma. but about the content of an education. and yes, successful people always think that education is important. but an education can indeed be obtained without having to be formal. but usually prestigious formal schools do provide better educational facilities so that they support the development of the skills of everyone who attends there.

and also if you came from a prestigious school you have a high chance to get easily hired (not sure if it is the same practice in your country but here that is the practice) which means are having easily get into the job you want but again it still depends on the stack you've into like in being programmer most of the employers don't care what you finished as long as you have strong knowledge on a language that they are needing no matter your education is.
1877  Economy / Economics / Re: War: who benefits and how! on: March 13, 2023, 11:43:44 AM
In times of war, people with enough resources always made money. Usually, both countries suffer, and few merchants living in the countries make money. In every war, the same people, the same companies, make money. In a complete cycle, humanity actually loses in this process. If these wars were not chaos, perhaps there would be a much faster rise. Ukraine war, a whole country has to leave its homeland. We wish the wars to end

Only the business of war machines can be profitable as well as the fuels that are why those who made tanks, weapons and bombs are having a lot of things to do because countries are ordering a lot of them. While people in the warzone are hiding and starving because of the chaos. The only valid thing that I want to see is that only those presidents would be at war and not those people that lived in their places since the most affected are the people.
1878  Economy / Gambling discussion / Re: Street Gambling Risk on: March 13, 2023, 10:04:21 AM
It is a special case whether one can gamble in the street or not. For example, here in my country people cannot safely gamble that way, and the closest alternative is cock-fighting.

On the other hand, in developed countries, I assume that gambling in public spaces is also illegal, the same way it is to drink alcohol in public.

It is better just for people to stick to online casinos and if they want to socialize, it is possible to build a good setup to enjoy with friends in the safety of one's home.



This is also noticed with cockfighting which it is illegal to operate without permission and it has always been hot to the police about illegal cockfighting that is why those people who conduct this illegally is going to remote areas that are difficult to reach by car mostly only motorcycle, but there are places that this event is done (arena) which is legal. Also in public places, you can't gamble but it is not strict as we can still see people doing it but if someone saw it like the police they will get scolded mostly. But when it comes to vigil for death gambling is really pretty known on this and even if you are on the road as long as you attend it is okay to join this as most of the authorities are not going to stop it as they respect it.
1879  Economy / Economics / Re: Try to save money while you still can, will you ? on: March 13, 2023, 07:51:00 AM
We all needs money to meet up with the daily demands but not everyone can maintain the habit to save from the little they have for the future, the mistake we made most times is that we have expect things to be running as usual for us since we had it all going well as at that time, but things are not permanent sometimes especially when dealing with money, situations changes but what we have save up will always serve our backup whenever we experience the unexpected.

These are the moments that you think it will last forever like if you are earning enough money right now so your mind is thinking that no need to save as you have that money but when a storm hits in your life like losing a job there are emergencies that needed to pay money then that is the time you realize it is better to save even if it's in sunny days and the truth is that it is easy to save money when everything goes well. Though most of the reason people don't save is that their income is one enough but even saving $1 can save you in the future as long as you save no matter how much.
1880  Economy / Gambling / Re: What else should an established crypto casino add? on: March 13, 2023, 06:41:50 AM
~

It looks identical at first glance, but there are little differences that gamblers notice and for that reason choose one casino over the other. It's like with cars. They all look identical if compared to motorboats or planes, and yet they are very different, and the prices are different too. What I like about casinos is that, unlike with cars, it costs you the same whether you play on a cheap slot or the most expensive one regarding production.

It's different. That's why some players jump from one casino to another because they see something worthwhile to the other. It may seem identical to you, but casinos offer different terms and conditions regarding campaign promotions and bonuses. Hence, some players prefer the other compared to the usual ones. Some have higher bonuses given without very much high requirements unlike other casinos. Low wagering requirement, ease of processing the transaction and the likes.

Players, most especially the ones who are playing and betting for the longest time know how to determine the differences and unique features one possess.

That's right, higher bonuses, or some odds for sports betting better than on other platforms, or the RTP for some slots a bit higher than in other places, all those things can attract gamblers to your site. But it won't be free for casino owners, they will pay for all those things from their pockets. I'm not trying to say that they shouldn't do that. On the contrary, I think that most likely they should faster. However, I think there can be things that will be not so costly, but still effective, like faster withdrawals, more helpful support, better organized chat and maybe some other things.

It is possible if casino owner approved this but it will cost a lot. A small increase of price can unstabilize their plans because it will cost hig, imagine having high odds in sports gambling can  really attract new gamblers but meaning also there are a lot of people to pay. Unless they have already huge money and now wants to give it back to players but it isnt possible as it is business and if their competitors do the same then they have no reason to increase it
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