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21  Economy / Economics / Re: How is the cost of living in your country? on: June 15, 2024, 12:09:01 PM
Hi Guys,

I'm curious to know if there is a cost of living crisis in your country and if you are feeling the effects of rising goods and services.

I'm Australian, and the inflation rate in 2023 was over 4%.

I have noticed significant increases for everyday essentials like food, petrol and utilities.

The cost of petrol is around $2.10AUD per litre, which is insane.

Let's hope things improve in the near future because the current state of things is unsustainable.
We are almost the same almost all basic goods are rising, and high inflation rate is killing us, the crisis is becoming more worst and we feel that it is not really normal, i don't know if there is really a solution with this problem because from  the past president untill today's president there is no changes it is becoming more worst.
22  Economy / Speculation / Re: I believe Bitcoin will surge to new heights after this dip on: June 15, 2024, 09:55:58 AM
Well, there's no other for bitcoin price after the dip it could always become stable or bull season but only time can tell no one knows when this could happen, it is expected to rise after the dip but not instant it takes time that is why we maybe need a big patience so that we can wait for the bull season and we can hold our assets to earn.
23  Economy / Trading Discussion / Re: Before Trading Bitcoin you should... on: June 15, 2024, 04:42:43 AM
A lot of mistakes people make a lot is going into bitcoin trading without any steady source of income. While it is true that  bitcoin trading can change your life for good, you should also know know that it could also wreck you. First get enough knowledge, make sure you are working as this will help you fund your trading accounts. Only trade what you can afford to lose.

Do not also invest your life savings into bitcoin trading. this will hinder your trading capabilities as you will be trading with emotions and fear of losing your money. Trading is best done without emotions attached this will allow you make decisions better.

Do not quit your job if you have one until you have become very profitable in bitcoin trading. The market can become very unpredictable and you can lose funds, so for you not to go bankrupt you should be very profitable before you quit you job or any other source of income you have.

Do not forget that you should always risk what you can afford to lose.
Trading crypto has always a risk and even if we are expert in trading there are still time that we will lose because of some reasons, it is because it is normal to human that even if there are earnings they still want more or big that is why they end up losing they feel that the earning or profit is still not enough they wait for big profit that sadly didn't come until all funds are lost including the capital, that is why in trading or investing we need to set a limit for us to earn and control the greed.
24  Alternate cryptocurrencies / Altcoin Discussion / Re: Time to be cautious: Everyone is not market expert on: June 14, 2024, 02:11:04 PM
From past few weeks whenever I open any browser or social media all I could see is some random blogs and news about Altcoins which will have massive pump and which coins I have to invest.

Folks, it's times to be more cautious than every and never go with any random prediction provided over telegram or through blogs as it's a routine that once the crypto market is trending upwards and bullrun is expected we see a lot of experts in the market via various channels like Youtube, Twitter, Telegram, Discord and WhatsApp group sharing random coins with catchy headlines like "Top 5 altcoins with 100x pump", "Whales are investing in these altcoins", "Altcoins which will go to moon", etc.

Please try to understand these are the same people who spreads fud during bear market and impersonates as experts.

Don't go with any such predictions and rather do your own research because I have seen people randomly investing into shitcoins just because it's mentioned over Twitter and the person who has tweeted has huge followers. There will be so much of deceiving as they will share some 10 coins and even if one of them prospers they will use it as upselling point.
I agree on that the post on social media is just a promotion the project owner pay on it to promote thier project, i also see different kinds of coin being promoted but i never invest on it because i know that everything is just a prediction and no one known the out come of the particular coin if it will going to be failed or successful so we better do our own research to avoid being scammed and loss our hard earn money be careful for good.
25  Alternate cryptocurrencies / Altcoin Discussion / Re: Whats Your Favourite Meme Coins? on: June 14, 2024, 01:32:53 PM
I wanna know your favourite meme coins and why?

That is all.  Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy


moooon!!! Cheesy Cheesy Cheesy Cheesy
Meme coin is good but only few meme coins will moon most of them will end up like shit coin and a display to our digital wallet, i don't know if there are really investors that earn in meme coins, even if i hear that there are good meme coins to invest in solana network but still i have a doubt on it because it only depends on hype look how risky is that coin that depend on hype so for me i will not invest meme coin for now but i will not close the possibility of investing on it in the near future.
26  Economy / Speculation / Re: Is June a Downturn for the Crypto Market? on: June 14, 2024, 12:40:08 PM
Is it truly a month of downturn, or is this perception based on anecdotal ?
Bitcoin is now down but it does not mean that oy will not bounce back, the bull run is not yet finished so it is expected that btc will turn back to bull, and we don't need to be panic because being panic will not help us earn , if we don't control our emotion we will surely lose, if you invested on some altcoins and now it is down because it is being affected of the bitcoin price that drop them dont be panic because when btc rise the coin will also rise.
27  Economy / Speculation / Re: Where is the bullrun??? on: June 14, 2024, 03:40:58 AM
I have to confess that I don't understand too much about criptos, but during an important time I have studied about reading charts and I can't see a reason for believe that BTC will explode in short-term. I would like to know: What makes you think that will happen a bull run now? It is  a true need to learn about it.
No one knows when bull run comes, investors only know when the price of the bitcoin slowly moving upwards, no one knows about it or predict the exact time of the bull run , that is why we need to always prepare everytime, we need to always updated with the market condition never get distracted with some speculations they or prediction because the truth is no one knows about the exact time and price of btc.
28  Alternate cryptocurrencies / Altcoin Discussion / Re: How to Take Profit in this Bullrun on: June 13, 2024, 06:51:41 PM
To take profit you need to do actions, you will not earn if you only watch the market from dip to bull and from bull to dip, we have different season and there are always a chances to buy or invest in particular coin that can give us profit taking risk is always a way to earn huge profit if you don't take risk then there is no big profit and if there any only in a small chances.
29  Economy / Speculation / Re: Some bad uses of bitcoin. :'( on: June 13, 2024, 06:08:55 PM
Since Bitcoin is a completely decentralized currency, there is no way to know when and how much money is being sent to whom, both the sender and receiver remain anonymous. So Bitcoin is used to buy and sell various criminal and illegal products. So various arms smuggling activities are paid through Bitcoin. Also, all transactions on the dark web are done through Bitcoin. Which is very sad for us


It is essentially a perfect medium of transaction for all the terrorists and criminals of the dark web. This is why the governments of different countries have declared Bitcoin illegal in their countries. If these actions could be stopped somehow, Bitcoin would be legal in all countries of the world. But in any case, I hope that slowly Bitcoin will be able to gain legality in all countries.
Well speaking of illegal activities i think fiat is the most common ways to pay some illegal activities and there are only less in bitcoin, not all criminal's knows about bitcoin and they know more on fiat, sometimes bitcoin is having a hard time to gain more popularity because some people used it to scammed others specially to those who still didn't know how to use or what bitcoin is, and it will cause big impact to bitcoin but this is not a hendrance for bitcoin to gain reputation in the future i believe that many users will come in the near future because people will slowly adapt to the new technology using new payments system to make life more easier than today.
30  Economy / Speculation / Re: Will BTC dip again? on: June 13, 2024, 11:16:37 AM
For those of you out there who are planning on buying more coins
like me when the market dips, have you guys set a target price where
you will buy?

The price has not yet reached what is ideally the price I would want to
buy bitcoin in despite its recent decline and I am wondering if will
bitcoin still go down to at least $50k?
You need to set a target because if you dont set a target you are just like a boat that goes with the wave wherever it will goes and you will end up losing, set a target on buying and selling to make profit, bitcoin will go to dip the problem is we don't know when so if there a chances even if not a big chance grab it buy and hold for good.
31  Alternate cryptocurrencies / Altcoin Discussion / Re: When do we think alt season will be? on: June 13, 2024, 10:25:49 AM
Altcoin season is always next to bitcoin bull run sooner or later the coin will rise and many investors earn in buying and holding coins, from the past till present i never experienced bull run without altcoin season so i believe that altcoins season is not far from this months because bitcoin is rising.
32  Alternate cryptocurrencies / Altcoin Discussion / Re: Are you still buying altcoins?? on: June 07, 2024, 05:09:27 AM
It seems bulls are busy with Bitcoin only. That's why Bitcoin keep breaking new All time high but most of top altcoins (except a few) Still straggling to cross even Half of their Ath price. So maybe altcoins season might come after btc halving. That's why many people still don't hesitate to collect altcoins. What is your opinion about this matter. Are you still buying anything or will think about it later after halving
Before its too late you need to buy altcoins, because after the altcoins will always rise together with bitcoins, maybe not today but in the next few months it will surely follow btc trend, and if you don't wanted to have a regrets for not buying just like what happens everytime before the you must select the altcoins right now and buy.
33  Economy / Economics / Re: Things to avoid when you earn a lot or become rich on: June 07, 2024, 02:23:48 AM
    What should you do when you have a lot of money? This is one of the most important questions that we must give an important answer to. No matter how much money a person can earn, it is still possible for everyone to use it up if it is not managed properly. Just like what happened to the king of pop, Michael Jackson, even though he earned a lot of money in his career, it was still not enough because he had a lot of debt. As big as it is, it almost reached 500 million dollars in debt. And even the famous actor Nicholas Cage is also like that; there is a report that he reached 150 million dollars in net income, but it was still not enough; it also reached the point that it was all used up, and he also had a debt. And what we can learn from these events is that if you want to stay rich, you have to keep being humble. "Hard-earned money should be protected."

     We are both consumers and producers, and when we say producers, we mean that we provide services to people in exchange for money. As for employees, they receive wages from their work. Because they help the business owner's goal be executed. As for business owners, they make money from their businesses. Because they can help their customers with their products and services. In other words, [The more value you can produce, the more value you will get back."

    But the opposite of this is being a consumer. Yes, it's true that we will spend; it's normal because we have needs. There is also nothing wrong if we want to buy or acquire things. But if you always spend money, that's why, in this topic, I want to share here the things that should be done when we have a lot of money or income. Because since we are here with cryptocurrency or bitcoin, it is not really far for this to happen to us. Actually, even if we are not rich or earn a lot, we can do it because at least when the time comes when you become rich because of this cryptocurrency or bitcoin, you already know what to do.

And the following is what we should do:

1. Don't buy expensive things right away.

Most of us want to buy expensive things when we receive a lot of money. Because aside from the convenience and the fact that the fact that we can benefit from it for a long time, we also want to get the attention of other people. We also cannot deny when we can afford something that an ordinary person cannot afford. But sometimes, because we can afford something, we just end up spending it, and we forget to ask ourselves if we really need it. Or we just want to buy it because we want to impress other people. And due to a lack of spending awareness, we become impulse buyers. Until this habit becomes our second nature or the worst, we base our spending on what we want other people to see in us.

But the question is, what is our goal? to get rich to impress, or to get rich to have freedom? When you have a lot of money, you have nothing to prove to other people. Since you know that you are rich, it is a better idea not to let other people know that you are rich. One should just choose the simple life and live with a purpose.

2.Pay your Debt

Having debt or bad debt is why most of us continue to suffer because it's like a weed that, if you don't cut the root, will grow again. And the debt, when you don't pay it, has interest compounding. So your number one expense is to pay off the debt when it earns a lot of money. Be responsible not to ignore the people we owe money to, talk to them, say thank you, and pay all the debt.

We should also know that our reputation also depends on it, and when we know how to pay, many people will trust you. And when you know how to pay off debt, you also show that we are not only thinking about ourselves.

3. Be prepared for big changes.

When you have a lot of money and you have changed the quality of your life, whether it is poor or rich, you need to be doubly careful because you can lose a lot of things. So it is very good that you are ready for this big change. And the preparation that you should do is the preparation of our new life. Let's design our new goal that we want to achieve, and what lifestyle do you want and what kind of person do you want to be with?

We need to do it more when you're rich, because you shouldn't settle for what we have achieved now. We still need to move on and pursue other meaningful things. We also need to grow, and we shouldn't be naïve in our behavior because many people will suddenly show up when they know they can get something from you.

4. Create a new goal.

Let's be grateful for our achievements and also be thankful that they came to you, but don't be satisfied that if you earn a lot of money now, be thankful. We should not be as greedy as possible. If we achieve our first goal, we make another goal, and so on.

Success is like cleaning; if you clean your house today, you will have to clean again tomorrow. And we'll do it every day, so we can keep a clean house, right? So, when we are living a rich life, we have to set a new target.
Well this is good, in my part if i become a reach from poor status, i will keep it as a secret because peoples hates progress, i will keep it a secret even in my closest friend and family, they will never see me buying a lot of things and car houses etc., even of it is hard but in my calculation keeping it as a secret can make everything fine.
34  Bitcoin / Bitcoin Discussion / Re: How to get a crypto asset? on: June 07, 2024, 01:35:51 AM
Hello all,
I had a big crypto balance. But unfortunately l lost all in May 2022.

Primarily I was a web developer since 2009. I earned handsome amount and invested in crypto. I had around 7 btc in 2015. One time I invested all my crypto assets to luna coin. Luna price was very upright. For that I took bank loan and took personal loan from many people and invested in luna.

But after the luna crush my life is simply horrible now. I am around 70k USD debt. People are forcing me to pay back their money.  This is the real history of my background.

Now 2 years have been passed and my problem is more deeper. I know there are so many well established investors are here. So, I am trying to catch myself to their eyes for help. I asked loan in different times. Nobody is helping me. How could I recover my bad situation? Is there anybody who could guide me or help me anyway? To me life is becoming horrible.

Asking for loan to pay another loan can make your life more horrible, that was a never ending loan and at the end you will suffer because you will have many loan to pay including the interest from the start expert always say that only invest an amount that you can afford to lose and getting a loan to invest in crypto is the most risky strategy ever, for now all you need to do is say sorry, getting another loan cannot help you at all it can only make you more poor and horrible, say sorry to them and ask them to give you another chance or another year as long as there is life there is also a hope.
35  Economy / Economics / Re: Poor people need solution now on: June 06, 2024, 01:36:46 PM
People who do not have good finances currently certainly demand that the government provide solutions that are beneficial to those at the bottom, because currently many of us are feeling the impact of the recession facing the country which is causing economic difficulties for people who should be in need handled well. by the government.

The presence of the government to help the lower levels of society in our society is eagerly awaited by him, because they need training or work commensurate with their salary which can improve their finances, which will ultimately have an impact on reducing community poverty.
Indeed, there is nothing wrong with hoping for assistance from the government to be able to provide solutions to the economic problems being faced by people at the lower levels and of course it is the obligation of the government to think about the fate of their people to face these problems, but if we continue to hope assistance from the government, I think we will be lazy to explore the potential that we have and it would be better for us to have the potential in ourselves to be able to face the economic problems that we are experiencing and by having skills it will certainly be easy for us to have income from the skills that we have Of course, this will help us in facing difficult economic conditions.
Rather than expecting help from the government, it is true that we must be able to explore our own potential to make money. A situation like this seems to be natural selection, where we are required to be able to survive economic difficulties. While many people complain about the economic conditions, I'm sure there are a handful of people who see an opportunity to make him smile. as was the case during the Covid pandemic, where many businesses were in chaos, but the health and health support business experienced its heyday.
Yeah i agree we can make our own way to survived, just like our status here in the mountainous places, we are poor here but we can eat what we wanted to eat instead of complaining to government with regards to the rising of the price of the basic needs we are doing a good and decent ways to earn and survive, buy and selling farming, etc., let the government do thier works they really wanted to help but we also need to help our self in order to survive.
36  Economy / Economics / Re: If a token keeps falling, how to save it on: June 06, 2024, 11:19:33 AM
At this point you are the creator and beneficiary of this token, what will you do?
creat a token with a use case that fit to the need of the people, because if your tokens is useful the demand will increase and it will make the price rise and not to fall. For example is the play to earn gaming projects many young people are now involved in different gaming apps they are addicted to play on it because they will earn while doing games it fits the new generation with new technology including laptop and cellphones this type of project will surely become profitable depending on how you develope and do marketing strategy.
37  Economy / Speculation / Re: Bull run again, huh on: June 06, 2024, 09:22:42 AM
On this forum, I found out some information, and seriously want to ask it here.
What is a realistic expectation from the bull run, given  the last one in March 2021, Bitcoin hit  $61,000 and fell down to 31k about two couple of months later... It rose later on, amazingly though. But is this price fall normal in the bull run?? What is a helpful tip here.
This makes bitcoin perfect for investment, the price that is always changing from bear to bull and bull to bear, many people with a big patience earn a lot with bitcoin and all i can see is have patience and hold till bull season come, no one knows when really the bear and bull comes no one can predict it, all i know is many investors in crypto earn bih huge profit by holding bitcoin with patience.
38  Economy / Trading Discussion / Re: When is the best time to trade a Bitcoin on: June 05, 2024, 12:28:58 PM
The best time to trade bitcoin is during night time for me, because the silent of the nights makes you focus on trading, it is different if you trade in an open place with loud voices of sounds, phones, etc, and it is also good to trade when the bitcoin price start rising to bull season, because that time most of the investors and traders or even new bitcoin users shows big interest and it is a good advantage to trade because the market is fast moving.
39  Economy / Trading Discussion / Re: TRADERS are not UNEMPLOYED on: June 05, 2024, 03:41:02 AM
Quote
There are still many who think that trading activities are just fun and not a job, but trading is work, trading is categorized as self-employed or in the big dictionary -> people who work for themselves, so traders immediately refute those who think you are unemployed just because they don't see you have a boss, you are your own boss, don't be discouraged by what they say, if you are very comfortable and get consistent profits then keep it because when you try to find work out there, you it will only waste your opportunity to become a professional trader.

However, traders are advised to have a fairly stable side income to support their finances because the market always moves freely and unpredictably.

this original topic comes from a local topic that I created
Read More: https://bitcointalk.org/index.php?topic=5464037.msg62727614#msg62727614
traders are not employed but they have an earnings and sometimes it is bigger than the salary of the employed person, the only difference is when you are employed you have a boss, you need to finish the required production of the company or the required works to finished and you have to work whole day, while in trading it is just like you own your time and no superior to follow. So less stress than being employed by companies.
40  Economy / Speculation / Re: Will Bitcoin Always Be in an Uptrend? on: June 04, 2024, 11:21:43 PM
Since the launch of a bitcoin exchange-traded fund earlier this year, bitcoin has recovered and even surpassed its all-time highs set during the 2021 bull run. But for weeks, it looked like the largest cryptocurrency was trading sideways at best.
I don't know about bitcoin when it is first traded on market, but i saw the price history of it when i search it on google and i was surprised because its price is very low on year 2009 it is a cents and now it is thousand of dollar, we can see its price in different status, but it is pointing only up high if we put basis on the year when its first traded on the market till today so even if it is not always uptrend sometimes it is bear season but it always bounce back with more higher.
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