Bitcoin Forum
May 28, 2024, 02:38:39 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 [2] 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 »
21  Economy / Economics / Re: Success in finance and investment is a journey of finding your true self on: May 25, 2023, 11:41:46 PM
Being successful in life as a whole depends on our individual capacities to consider how we can be successful in whatever we do, where we go, and what we see. When we are successful in our financial lives, it is a reflection of our tenacity in life. Our investments wouldn't be successful ones if we hadn't made a self discovery of ourselves, which will help towards having a successful financial investment.
22  Bitcoin / Bitcoin Discussion / Re: I believe that Bitcoin will make me independent on: May 25, 2023, 11:40:17 PM
I suppose it's better if you hold onto what you have past the next bull run and give up your desire to achieve financial independence as soon as possible. One day, what you have will be a bigger benefit. You are, after all, employed. Most likely, you can locate a different employment online. I'm assuming you are capable of working from home tasks like providing virtual support.
23  Economy / Trading Discussion / Re: Which wallet should a beginner choose? on: May 24, 2023, 02:59:33 PM
I decided to buy a wallet and try to make money on the crypt. Which one to choose, is there at a price of more than $ 200 is there less, what to pay attention to? It is for a beginner, I don't want to lose a lot of money if something doesn't work out.
Given that this hardware wallet costs less than $200, I believe ledger is what you're searching for. All of your assets should be kept in this location because it is quite secure, especially if you have significant financial investments. However, I wouldn't advise using a ledger if all you plan to do is store a tiny amount of cryptocurrency. You can store it in any number of secure software wallets. It's best to keep it there because I've been using Electrum wallet for a while and haven't had any problems with it. Instead of purchasing a hardware wallet, I believe it is more practical to add your $200 to a coin or token in which you already have invested.
24  Economy / Trading Discussion / Re: The reason of why Bitcoin is good for trading (for me) on: May 24, 2023, 02:42:05 PM
The volatility you trade typically affects the price of bitcoin. In other words, you never trade according to the rules; instead, you only do so when a few candles are in the red. However, I'm not sure how long you'll continue to succeed in trading this method. Because if you want to trade, you should first acquire a sufficient level of trading understanding. You will never benefit from trading based on these presumptions about the state of the market. Don't just rely on your own ideas; study something, gather a sufficient amount of ideas, and then invest. Only then will you notice that trading is successful for you.
25  Economy / Economics / Re: Bitcoin Investment: Good Debts vs Bad Debts on: May 24, 2023, 02:36:55 PM
Each investment carries some risk. The idea behind bitcoin is that its value will increase. The market, however, differs from traditional markets where more precise predictions can be made. With the help of bitcoin and other cryptocurrencies, rapid changes were possible. As stated, it is better to invest in bitcoin and use the earnings to buy cars, homes, and other luxuries rather than spending money on cars and other luxury items to make life more comfortable.

The primary goal of most folks in my neighborhood is to own their own home. They eventually purchase a car and acquire some jewelry that comes in handy in an emergency. Currently, understanding is being spread slowly, and as a result, more people will start to choose investing over saving.
26  Economy / Economics / Re: Why you should use spare money to invest on: May 24, 2023, 02:25:44 PM
Because we must plan for the possibility that something can go wrong throughout the investment. Investors must be properly managed in terms of both funds and risk. Therefore, managing money is crucial to making and ensuring that we establish the proper investment and quantity, regardless of the things we are investing in. Therefore, even though there are hazards, we can at least reduce them and be prepared for any problems that may arise.
27  Bitcoin / Bitcoin Discussion / Re: Mr Beast’s house robbed of everything except for bitcoin on: May 24, 2023, 02:23:31 PM
Bitcoin can be used as money, but thieves may already be aware of how it functions and that it can be tracked, making it actually risky for them to choose items whose whereabouts cannot be traced. Alternatively, the thief may have been in a hurry and neglected to check every item in Mr. Beast's house that could make him extremely wealthy. This is because thieves typically look for physical items that can easily be turned into cash immediately. And while this story is funny, if it were the other way around Mr. Beast would not be able to laugh at him. I believe Mr. Beast was simply lucky at the time because perhaps there will be another thief who is already after his Bitcoin so he will only look for the Private Key stored in the house.
28  Bitcoin / Bitcoin Discussion / Re: The power of digital money on: May 24, 2023, 02:19:20 PM
Although it has only been operational for a total of 14 years, Bitcoin is becoming more and more well-known. Despite the numerous unfavorable articles and news stories about Bitcoin that have been published by different media sites, its popularity has not reduced. Although numerous governments have attempted to halt it, it has remained the most valuable coin on the market up to this point. Currently, governments around the world are attempting to accept Bitcoin rather than outright prohibit it. As you consider whether Bitcoin will endure if all national governments decide to destroy it, I believe it's possible that it won't.
29  Economy / Trading Discussion / Re: Other Alternatives to Borrowing Money to Start Trading on: May 23, 2023, 10:36:13 AM
I'm not aware of any other ways to get started with your cryptocurrency journey without taking out a loan.
I believe that rather of taking out a loan, you should set aside money from your savings or make a budget just for trading. You avoid debt by using your own funds in this manner. Another choice is a DCA, which, if you heard and understood, is the ideal choice because it entails consistently investing a specific sum of money, such as $10, at predetermined intervals, independent of the asset's price. You can average out the purchase price over time by buying cryptocurrencies consistently, which may allow you to profit from market swings.
30  Economy / Trading Discussion / Re: What your opinion? on: May 23, 2023, 10:31:55 AM
Understanding the different asset categories is necessary for investing.
In general, it is vital to have an initial purpose other than information before engaging in trading or investing activities. Because trading is full of "surprises," having a goal in mind will make things easier and, more importantly, it will help you develop a strong mindset in the event of an unexpected event.
31  Economy / Economics / Re: Will inflation in the world grow by 2023? on: May 23, 2023, 10:28:13 AM
Continually based on the state of global economics. If a crisis or even a war occurs, inflation will undoubtedly increase. If you are concerned about this scenario and have money in the bank, you should look for ways to increase your income so that you can spend it since, if you continue to keep it hidden in banks, your purchasing power will be destroyed. We may also feel the effects of inflation by observing the rising costs of necessities, so we must act now to protect ourselves from the potential effects of future, severe inflation.
32  Economy / Economics / Re: Bank loans and securities. on: May 23, 2023, 10:26:29 AM
A school diploma is not necessary to obtain a loan from a bank; if it were, it would undoubtedly be declined.  That is all I am aware of regarding job application requirements, though.  Maybe it will apply if you mortgage it to a pawnshop or borrow money from one.  Banks require collateral, applying for a loan is difficult, and loans of any size require land, home, or company certificates in addition to car certificates.
33  Economy / Web Wallets / Re: Web Browsers begun to have inbuilt Cryptocurrency Wallets on: May 23, 2023, 10:19:49 AM
I'm also aware that opera has a built-in wallet, but I've never thought about using it to store my cryptocurrency because I already have two secure online wallets. I prefer not to use a browser wallet whose security and safety I don't know about or whose vulnerability is unknown, but I will do some research online to read user reviews so that I can think about using the wallet in the future to store a small amount of my cryptocurrency.
34  Bitcoin / Bitcoin Discussion / Re: Bitcoin investment, fulltime endeavor or side hustle? on: May 23, 2023, 10:13:57 AM
Why would you want to leave a well-paying career if you want to invest in bitcoins? How will you obtain the capital for investing? That would be a pretty bad course of action. Bitcoin investment is not a career or a side business. How is this a job when all it involves is buying bitcoins and storing them safely until they increase in value and generate a profit, just like any other investment? It is obvious that some individuals do not truly comprehend what investing is.
35  Bitcoin / Bitcoin Discussion / Re: My friend's investment in Bitcoin on: May 20, 2023, 01:22:04 PM
Particularly at this time, investing $500 in bitcoin as a rookie is too. It is fine that you informed him about bitcoin, but you ought to have given him appropriate advice. There are many things that are lacking... He tried the Dollar Cost Average approach for what reason? What if he had only put down $50 as opposed to $500? Think about how he would react if his investment fell from $500 to $90 as opposed to $50 to $30. I hope my example makes my argument. Therefore, you still need to teach him.
36  Economy / Economics / Re: Helpful mineral resources on: May 20, 2023, 01:16:56 PM
They are without a doubt abundant in those mineral deposits. But do they have any agreements with other nations that pay them to operate and mine all of those reserves as well? And since they are tied to them, it is difficult to have that clause deleted because the stakes are friendship and the continued existence of the relationship established through business. Yes, it will greatly aid in debt relief and assist people improve their standard of living, but because it's a part of the system, there is a fault.
37  Other / Politics & Society / Re: Importance of entrepreneur in school curriculum on: May 20, 2023, 09:36:53 AM
Because people need to be taught to not rely on the government for employment prospects, entrepreneurial education is crucial. Entrepreneurs, not the government, are the primary economic drivers—even in developed nations. Currently, entrepreneurial education is part of the curriculum for high school and college students in my nation. As a result, there are now more persons in society who are self-employed. However, these companies occasionally meet difficult obstacles that cause the majority of them to fail after only a few years of operation. Double taxation, hyperinflation, a shortage of necessities including a steady supply of electricity, and difficulties in getting loans are a few of these issues.
38  Economy / Trading Discussion / Re: The biggest No while trading on: May 20, 2023, 09:35:02 AM
Trading under pressure will only lead to more pressure because when trading normally, a trader is already under pressure to be able to turn a profit in addition to trying to get a profit because he needs his money to pay for things that are important. Trading under pressure will only lead to trading making numerous mistakes because it begins under pressure. However, many new traders mistakenly believe that trading is the quickest way to double their money and open a buy position when they see that there is a panic, the price will fall quickly and improve too, but in reality, they are mistaken because the panic lasted quite a long time and the decline was very deep, while he needs money quickly and the next step is to sell with the condition that the asset has fallen quite deeply. The lesson is to not double your money in trading out of a sense of urgency since it is foolish.

39  Bitcoin / Bitcoin Discussion / Re: Ledger hardware wallet offering custody for seed backups on: May 20, 2023, 08:40:30 AM
We initially believed that Bitcoin offered total privacy and anonymity, but later learned that what we believed to be untraceable was actually traceable. I've always questioned whether wallets could honestly claim they did not know your seed phrase when it comes to the seed phrase issue. Even though this is the first I've heard of it, Ledger was giving me headaches before I even read this because of the ordinal consideration. If it's true, you should take extra precautions with your Bitcoin wallets because your Bitcoin will now only be protected by the honesty of the wallet you're using. And it would unquestionably demonstrate that many alleged hacks in the past when Bitcoins were taken may not have actually been stolen but rather were the result of wallet fraud.



40  Bitcoin / Bitcoin Discussion / Re: Bitcoin IS an asset. Do you think it's bad? on: May 20, 2023, 08:26:44 AM
A growing number of people are interested in investing in Bitcoin, a virtual currency. I believe that Bitcoin is an asset that will continue to be valuable in the future. Because Bitcoin has a promising future, investors use it as an asset. In the modern world, many people possess virtual currencies, and most institutions maintain money in their vaults. Since Bitcoin will become an asset, I believe it is preferable to invest in it than to keep it in the bank. Additionally, investing in Bitcoin gives people much more independence than doing so with banks. Therefore, in my opinion, Bitcoin is similar to an asset and will eventually reflect life.
Pages: « 1 [2] 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!