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1881  Economy / Economics / Re: Bitcoin investment on: August 02, 2021, 10:03:19 AM
there are a few things that I have to straighten out here, the first is true that investing here is indeed a very high risk, not only in bitcoin, in fact, the name of investment, of course, there is a risk that must be accepted. and for such a high price? I think for now it's a bit late to adopt bitcoin compared to a few weeks ago but for the current price it's actually not too high even much lower when compared to the previous ath and of course this is very profitable if you invest here because bitcoin is a future project which is very good.
and regarding speculations that you've read or heard from other people, I suggest don't get your hopes up too high with it and don't trust it too much because here it's volatile so it's very difficult to predict and control.
at least your mindset must be changed if you want to invest here because only if you look at what you say you just want to invest and get instant profits and this I don't think is good. try to research first in doing something and don't be too ambitious and greedy because other people's talk because it's not good
1882  Bitcoin / Bitcoin Discussion / Re: Bitcoin survey suggestions needed.. on: August 02, 2021, 09:46:55 AM
In this context, of course, you have to think carefully first because I think for a survey like this it seems simple but in reality it is not. because you have to start by basing the survey to make it look more attractive because this is the earliest step and also the most important step in determining the success of a survey besides if you want to find out how much they know about bitcoin it means you have to do demographic targeting of respondents because there are definitely two possibilities, the first one is someone who already knows about bitcoin and there is also someone who still doesn't know about bitcoin so you need to make a separate questionnaire for each of these demographic targets, you can't equate those who don't know and those who already know about bitcoin, and you need to determine in advance how many samples you want to survey because the larger the sample size used by a survey, the more representative it will be of the demographic population that is the target of the survey.
1883  Alternate cryptocurrencies / Altcoin Discussion / Re: Can Crypto be more valuable than gold? on: August 01, 2021, 05:43:59 PM

on the other hand, gold has an infinite supply, so it is possible that the price of crypto, especially bitcoin, will have a greater price increase than gold, especially if the government legalizes it so that more people adopt it, of course it will be more profitable to invest in crypto
unlimited gold supply? briefly I think I should correct this because the supply of gold is limited and with time the supply of gold will run out. for example like PT Freeport in Papua, Indonesia. Clayton Allen Wenas as president director of PT Freeport said that until the company's total ore reserves reach 1.8 billion tons, and assuming ore production is around 150 thousand tons per day, the company's gold mining activities are estimated to last up to 32 years. forward or until 2051.
and from this alone we already know that the supply of gold is limited, but even though the supply of gold is limited it has a special property that it can be re-melted so they can re-melt the existing gold so that's why gold will not run out.
1884  Economy / Economics / Re: Which area will develop after the epidemic? on: August 01, 2021, 04:52:11 PM
for the last few years China has always dominated every sector and its development is arguably very fast in the world economy and it is not wrong if China is crowned as a strong economy and can even compete and stick to the USA until now because they always make a capable breakthrough. dominate the global economy. despite the controversy they created I actually really appreciate the work ethic applied in this country of China because they are so aggressive, take advantage of labor advantages and devalue the currency and develop a strong factory system to spread their products around the world I think this deserves appreciation because this way they can become the second largest economy in the world even though there are so many controversies that make the world feel restless because of this country
1885  Bitcoin / Bitcoin Discussion / Re: Bitcoin is bad / Bitcoin is High risk .... well what about Archegos? on: August 01, 2021, 04:05:38 PM
Previously I never knew and didn't pay much attention to archegos but some time ago I read an article which basically when I saw the system implemented by archegos was very good and put family first. but when I looked at all the news I saw that there were two giant banks namely Nomura and Credut Suisse whose shares fell drastically due to this archegos and was listed according to The Wall Street Journal, within a few days, losses at Archegos Capital Management had triggered the liquidation of positions that were close to value. $30 billion, and this I think is absolutely fantastic.
and after that I became interested in reading articles and news related to this. and I remember the chats of my friends who suggested investing through fiat but after reading the news about archegos I am grateful that I made an investment here. because everything is of course the same risk but if you look at the feedback I think I'm more comfortable in bitcoin
1886  Economy / Economics / Re: Is it easier to HODL if you are already rich? on: July 31, 2021, 05:35:08 PM
I feel the same too, because my investment position is just as my saving. I dont think to make realize gain and even I got lose until 50% of my portfolio, I dont do anything. In my mindset, as saving I dont need do anything because there is no urgent need for short term.
We all know that if dont have trading skill its better to choose as investor in long term.
if you intend to save I'm sure you will not be here. here is not suitable to be used as a tool for saving because when talking about saving, of course the central bank and fiat are more supportive and while you are here you invest your money and call it saving? I think that's bullshit.
because it is clear when you save money here the risk is very high because here it is volatile and unpredictable and only one thing you want to achieve is profit because even if you don't admit it and think it is a bonus when you are here for a long time it is still the result of investment not savings.
and you mention you lost 50% and did nothing it's very clear because the goal is to save even longer by hodling and when the market is back to normal and even better then you can take your profit and everyone also knows and uses the same thing.
1887  Alternate cryptocurrencies / Altcoin Discussion / Re: ETH or Bitcoin which is best. on: July 31, 2021, 05:00:12 PM
why is everyone always trying to compare the two before I saw this thread I also saw a lot of the same threads like comparing eth and bnb and comparing other coins. I'm a little confused about this, why does everyone always compare one with the other? will by this comparison one of the coins will increase and will it be profitable? the answer is definitely no because both have a support base between one and the other. I don't mean to patronize but I can only suggest why is there always a comparison here? why don't we just do it in both. the reason is very clear bitcoin has transformed into a very good coin apart from its volatility bitcoin is also a coin that is very much touted the future will be bright, besides eth is a good alternative to invest in the long term because eth has a clear founder . In addition, ethereum is also developed by many developers. With that, ethereum has become one of the most trusted platforms.
What's more, the blockchain makes the Ether currency a decentralized system.
So why are you so busy comparing the two, if you can do both, why should you choose one?
1888  Economy / Economics / Re: Money and happiness. on: July 31, 2021, 04:26:11 PM
happiness is a complex word that everyone can interpret this word with their own opinions and versions, as has been speculated here some say that money is the source of happiness and some say that friends and peace of mind are the source of happiness. why did this happen? that's because it goes back to everyone's principle of how to look for their view of happiness itself.
but if we look in the mirror with reality and want to be realistic, I am interested in wise words that often appear on social media or advertisements that read "Money can't buy happiness, but having money is happier"
1889  Economy / Economics / Re: What event could trigger new bull run and ATHs? on: July 30, 2021, 01:20:52 PM

Usually, it's the halving that makes the bullrun kick which they call cycle every 4 years already. Since the beginning the halving is what always happens.
But the length of 4 years also makes the prices at its bottom. Billionaires and major companies come in because they know when is the right time to dive into the market and blogs make it appear like they are the ones pulling the market up to trigger the bull run. 
it's true that halving always kicks in and it's very significant if you look that way, but apart from halving actually if we look closely there are several supporting factors such as the entry of a company or a developer that makes pumps so that btc can also rise drastically, just a few examples last month where musk claimed to buy $1.5B Btc which made a drastic spike because apart from the adoption of course the supporters of musk did the same thing so that it made a spike to the new ath
1890  Alternate cryptocurrencies / Altcoin Discussion / Re: Dogecoin that two people highly esteem on: July 30, 2021, 11:20:04 AM
Elon glorifies doge? I don't think so for now, maybe for the first time it's true that his tweet about Doge Elon managed to turn this meme coin into a coin that could penetrate anything at that time. but don't you think that he actually has a purpose of his own? if you call it glorifying I think it's wrong because if we look at Elon's statement now especially Doge I think he is only playing for his own benefit and when other people expect and glorify him I think it's too naive for that.
so, keep up with existing developments but don't forget the stance you made, don't fall into games like this
1891  Alternate cryptocurrencies / Altcoin Discussion / Re: What do you think about NFT? on: July 30, 2021, 11:04:12 AM
I think NFT is the latest innovation which is quite good and can't be said to be useless considering that there have been some pretty good NFTs for the past few weeks. and why I say this is quite good is because basically there is a new change that is quite attractive to some young people today, namely the world of games like the current hype, namely axie infinity, with the game system they will be more interested in NFT and consciously or not in a short time NFT has started to be popular and even this trend I think will develop even more in the future
1892  Bitcoin / Bitcoin Discussion / Re: What do you think will happen to Bitcoin in 100 years? on: July 29, 2021, 12:09:12 PM
@RainbowKun Your viewpoint about Bitcoin after 100 years is explained in a superb way. Even I feel somewhat the same way. The price of Bitcoin would rise and fall in the time to come. I believe that Bitcoin would be existing after 100 years too but unfortunately we would not be living till then to see what actually will happen.
why can you be so sure in making an argument? is it because now bitcoin is still the king of coins and the volatility is good so you can be sure that bitcoin will get to the next 100 years??
I think you are too confident about this because basically it is true some time ago someone said that btc mining will run out until the year 2140 which means 120 years after the current time but. during that time many possibilities will happen and i can still be sure for the next few years btc will still get very good attention but the times will be more advanced and there may be other competitors who can get more attention in the future.
1893  Economy / Economics / Re: How do you define rich? on: July 29, 2021, 11:54:48 AM
So you think life is just about getting rich and putting all the money in bed? It would be very narrow patterns and ideals like that for a much more valuable life. Sometimes we have to be ourselves and not be as ambitious as someone over our heads. because all have different portions in various ways of life. Apart from all that, only gratitude is the savior for all greed.


I don't aim at things like that, it's true that life is much more valuable and different like other people is a good thing but sometimes we have to be more realistic because we live in an age where everything needs money and you believe it or not the life we live all leads to that , because the paradigm that is taught both in schools and in the surrounding environment is bound to lead to money.
it's true that everyone has a different portion and way to enjoy their life but on average for now everyone is required to earn money because at this time we are still stuck in a pattern that teaches that money is not everything, but everything needs money
1894  Economy / Economics / Re: The first rule of investing is saving on: July 28, 2021, 04:27:56 PM


Saving is the most important thing, we must do it because we need cash at any time, with Covid conditions like now, choosing the most profitable type of investment is important, many people are stuck buying property and during the pandemic the value drops, crypto is the right choice because it has proven to be very profitable .
Yes, it's basically like that but actually both saving and investing there must be some things that should not be done because saving is not just a matter of saving money but you need to think about the risks that might occur, besides that we also have to have a plan by budgeting nominal for saving. By budgeting in advance, you will be more aware that you have to save. Since you already have the money budgeted for saving, you won't forget to do it. but on the other hand we should not feel burdened with it, even if for example we cannot in large quantities, we can still in smaller quantities so that we do not feel burdened by it.
Besides that, your goal for saving must be clear first because basically this is very important. because if we don't set a saving goal for what then we will be careless and not consistent in saving and this is not a good thing to do
1895  Alternate cryptocurrencies / Altcoin Discussion / Re: Do you invest in TRC20 tokens on: July 28, 2021, 04:10:10 PM

Now the price of Tron has started to rise again with a price that is more tolerable when compared to some time ago, and I myself am still very sure that Tron will continue to increase if the cryptocurrency market can be very good and Bitcoin can continue to increase in price.
for TRX itself, although the price is still very small, but it is still possible to invest there because considering that TRX is not only cheap and the network is also very fast, but for TRC20 coins that I see now, there is nothing that can really be invested because if we look at it there is no which is a good project and worth investing in regardless of whether my words are true or not the fact is that during my time in crypto I have never come across a TRC20 coin that is really strong in its volatility and on average everything ends in destruction.
apart from that maybe in the future when there are really good tokens maybe i will consider it but for now it seems very impossible to invest here.
1896  Economy / Economics / Re: How do you define rich? on: July 28, 2021, 10:45:46 AM

the richer the need the more and more, and continue to feel dissatisfied wanting to cultivate ambition that never runs out. the pursuit of wealth will never end. Rich is only a sight, because basically being rich doesn't make someone stop chasing.

In fact, there are various types of rich mindset depending on the person who defines their respective lives and the flow of their personal needs.

simple example: Person A sees person B as rich and lives a luxurious life, while person B sees person C as richer than him, and so on.

Based on this pattern, being rich is not a standard of living, but only social status in the eyes of the community, especially in terms of economy.

because this is the original nature of humans, because of the whole human being all have the same ambition and lead to dissatisfaction this of course there are those who do not admit it but consciously or not everyone has such a nature and as wealth increases, the ambition to add more and more and cycles like this won't end until we get old and even until we die.
it may sound like materialistic but paradigms like this are getting more and more developed and are very difficult to stop
1897  Economy / Economics / Re: Is it easier to HODL if you are already rich? on: July 28, 2021, 10:05:56 AM
Rich or poor doesn't determine how easy you hold a crypto coin. There is no strong correlation between someone's economic level and holding. Holding is often easier if you use only the extra money for buying the coins you are holding. If you use your daily funds to buy the coins, you are absolutely to have many problems holding them. So, make sure you don't force yourself to invest, just invest after you have funds that you afford to lose.

but the case that often happens to everyone, especially beginners is that they are still confused about their economic level but are still determined to do hodling so they feel worried about what they are investing in different from those who already have excess finances who are not too worried about their lives which are still fulfilled , so they will be more consistent in hodling until the time and targets they achieve.
maybe this is what the thread created by the OP meant.
because it is true that hodling and wealth have no big correlation but at least with the wealth they get it will affect concerns about hodling
1898  Alternate cryptocurrencies / Altcoin Discussion / Re: Will Bitcoin/ETH replace fiat someday? on: July 27, 2021, 06:08:32 PM
threads like this if I'm not mistaken already exist and many think there and even if you create and add eth in it the results will still be the same because it is impossible for btc to replace fiat because bitcoin will still be bitcoin and this will only remain an alternative it will not be able to replace fiat because you must already know that crypto is volatile so why do you still think that volatile things can replace fiat.
let bitcoin be what it is now because I think it would be good if bitcoin remains an alternative because this can make it easier for us to transact.
ETH is likely to be an anchor and a tool for daily use alike
and I think this is an even more impossible thing to do, for btc alone it is very difficult especially ETH I think it will be impossible and ETH is also the same as bitcoin is volatile and moreover altcoins still follow btc in price movements, so I don't understand why I still think that eth can replace fiat
1899  Alternate cryptocurrencies / Altcoin Discussion / Re: Market is recovering, what steps are you taking? on: July 27, 2021, 04:48:12 PM

That's good, but I'm still a little unsure that the market will hold on to better conditions in the near future, because the ups and downs always go hand in hand in a short period of time, but if it could be better then I'd also be happy and grateful for that
yes, it is like that, apart from yesterday's increase, I think the impact of jack dorsey and elon just yesterday made bitcoin experience a spike in increase, after that i think it will still be the same as in the past few weeks it will be stagnant considering the bullrun is still not stable so the market will still rise and drop randomly
1900  Economy / Economics / Re: How do you define rich? on: July 27, 2021, 04:20:59 PM

For me Rich people are those who has Some money , but More friends and people wholoves them.

Because Money is nothing if you are alone in this world.

Rich in Money nd rich and friend is much better to have.
I understand your explanation and I also almost agree with that but in this day and age at least we have to think realistically because we live clearly have to have enough financial thoughts and indirectly consciously or not we are required to have money.
and consciously or not in friendship we also need money for that, maybe you will say that I am a materialistic person but this is the reality, we have to see how many people are left when they have no money? How many couples are separated because they don't have enough finances?
it sounds materialistic if we lead to one-sided thinking but we must look at considerations in another direction. and it's true that we can live without money but remember that everything needs money so that things go according to your wishes
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