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21  Economy / Economics / Re: Why do people stay poor? on: April 01, 2023, 09:48:37 PM
I have always wanted to ask this question is it that there is no opportunity or they do not want to get rich
Mate please more to this I am confused here.

poverty is not something that everyone wants, but poverty is a life line that must be accepted by anyone. The cause of poverty is due to unemployment. but poverty can be eradicated and can be overcome in various ways.
the creation of jobs, with the existence of jobs provided, at least poverty will be reduced and there will be no more unemployment.
if someone is already in his job and gets the results of his work then in my opinion he is no longer called poor.
22  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will the altcoin go up in price if the bitcoin price goes up? on: April 01, 2023, 09:40:10 PM
I usually notice that every step of bitcoin moves a few percent, altcoins also follow bitcoin's footsteps as the market cycle has happened so far, I see a correlation between the movement of bitcoin and altcoins, as well as when Bitcoin prices experience corrections, altcoins also experience a great decline
23  Economy / Economics / Re: Lending money or damaging family bond ? on: April 01, 2023, 09:28:24 PM
If there are other alternatives, in my opinion, it is better to give as much as you can for free to your family than having to give debt or loans to your own family. that way I think it will avoid bad relations between families.
most breakdowns in family relationships are caused by money. avoid is better in my opinion
24  Economy / Economics / Re: Is risky to invest this period on: April 01, 2023, 09:17:05 PM
when it comes to risk, whenever we do it there is always a risk that must be taken if done without doing a good analysis. As for now, investing in crypto will certainly give us many choices to choose the altcoin we want to invest in. but what we need to be careful and alert when we choose for investment purposes in order to reduce these risks
25  Alternate cryptocurrencies / Altcoin Discussion / Re: The bear market is your friend on: March 31, 2023, 07:02:51 PM
To everyone in crypto currency, the bear market is one market where fuds and panic triumph and reign which greatly affects the prices of crypto currency tokens, and yes some projects do not recover from the bear burdens.

But do you know that the bear market is a blessing in disguise for every investors that is prepared and has been waiting for the dump ? So many tokens are going to touch lower lows, and if you are prepared, you can key into this tokens and more than double your money when the bull run is here. The dump is your friend, and is a blessing if you are always ready and prepared for it.

Make sure to look into quality tokens and projects, and ofcourse dyor

I think it depends on how a person understands market conditions, if an investor does not have a consistent attitude then when a bear market occurs he will experience severe panic so that he will lose his assets.
there is also a trader who sees a bear market as an opportunity for him to profit by spending some altcoins that have good potential for future profits when the market recovers
26  Alternate cryptocurrencies / Altcoin Discussion / Re: Top 5 coins that will moon until summer on: March 31, 2023, 06:25:50 PM
Hey guys ,which alts do you tthink will blow from now until summer .My top five is:

1-#XLM
2-#ADA
3-#WAVES
4-#ETH
5-#IOTA

And  im sure Bitcoin will reach 20 k until summer !!

I myself am more optimistic about ADA, cardano is an Altcoin that I have always kept in my wallet for a long time. I have benefited a lot from Cardano so far.
from my point of view, cardano is an altcoin that has more potential and will have a good value because I see every Bitcoin going up cardano is also following in the footsteps of Bitcoin.
but for Eth no doubt, Ethereum has always ranked the best of all other Altcoins
27  Alternate cryptocurrencies / Altcoin Discussion / Re: why people are always interested in altcoins on: March 31, 2023, 06:20:21 PM
as we know, many people suggest investing in bitcoin because the risk is not too high.
but if we look at the market there are lots of people buying altcoins, and to be honest I also like to buy altcoins but there aren't many of them, and it's still my biggest investment in bitcoin. and to be honest even though investing in altcoins is risky but I always want to buy and the reason is because of the high pumping..
and I want to ask everyone what is your  for buying altcoins, is the reason the same as mine?

almost all crypto traders who join this forum have some altcoins they hold in their wallets. in my opinion all the reasons are almost the same, namely waiting for the best price to get the altcoin held.
I myself have several altcoins such as matic, cardano and Trx, I hold them until the market is in favor of these altcoins to gain profit from these altcoins
28  Alternate cryptocurrencies / Altcoin Discussion / Re: bitcoin is controlled on: March 31, 2023, 02:49:22 PM
the logic is like this, if someone controls Bitcoin then the price of bitcoin will be easily manipulated?
But so far I don't see anyone controlling it. The rise and fall of prices is only influenced by the media, not controlled. if there is bad news, usually the price of bitcoin has an effect and goes down on the market, so if for example there is good news, the price of bitcoin goes back up.
neh, therefore I don't think anyone controls Bitcoin.
29  Alternate cryptocurrencies / Altcoin Discussion / Re: What is your opinions of future in Crypto with AI technology? on: March 31, 2023, 02:31:25 PM
In my opinion, the innovation of Ai technology that is currently being developed will have a big relationship with crypto, especially in trading crypto. because Artificial Intelligence or AI technology is an intelligence created by humans for robots that are controlled using computers. I think eventually Ai robots will control Crypto trading.
30  Alternate cryptocurrencies / Altcoin Discussion / Re: When is the next altcoin season? on: March 30, 2023, 06:31:51 PM
I have decided I have too many altcoins in my portfolio and want to convert up to half of them into Bitcoin but I am waiting for the next pump like we saw in January to do this as don't want to convert while my altcoins are 20% down.

I have only been in crypto last 12 months so not that experienced when it comes to understanding cycles. Do we have any idea when the next altcoin season is due?

for the altcoin season can not be predicted for this year. to convert into bitcoins should not be done first, I think we need to see or wait for better market conditions so that whatever altcoins we have will become a handle and have value until the end of the year.
for the altcoin season usually follows bitcoin's footsteps, if bitcoin continues to experience correction then most altcoin prices are dumps, and vice versa. hopefully later this year there will be interesting news for all altcoin prices.
31  Economy / Economics / Re: Money hardly come this days! Why? on: March 29, 2023, 05:44:08 PM
I don't understand why things are so unspeakably hard to people. I couldn't hard a good feelings for some days after thinking of what must have trans-led this suffering of financial hardship in societies. Money is rare this days, am going through a lot but I just hope things well and better soon. Is not really funny here.

My children are at home chase from school, I could not pay fees again. What could be the cause of scarcity of cash?

I don't think it's the scarcity of money that is currently happening anywhere, but job opportunities that are hard to find for anyone who needs them. With no work, finances will be difficult to obtain. the opportunity to work at this time is really very minimal.

Because of the pandemic, businesses are just getting back up and running, focusing on profits rather than hiring people; there has also been a lot of competition over the years because there are a lot of graduates, so if there is a job opening, a lot of people will apply, lowering the chances of getting that job. Also in business, people right now are saving or only spending money on those things that are affordable and not really spending on their wants because of the inflation.

I also think it's true that it was caused by covid some time ago, and now is the beginning of a new awakening or stage of economic recovery, so that many job opportunities are limited and most people only spend their money on essential needs. therefore finances seem scarce
the country's economic order is almost not running smoothly due to covid-19, many people are unemployed increasing, fired from jobs. and what's even worse in my country is not enforcing schools during Covid-19. I feel sad for the next generation, what the teacher implemented this rule in the past. yes now it's back to normal

this kind of thing happened in almost all countries during covid 19, school activities and even office activities took place online. This was done to anticipate that there would be no major transmission.
with the passing of Covid, now we can return to doing activities as we should have done before. economic recovery is underway
32  Economy / Economics / Re: How do you survived during covid19 ? on: March 25, 2023, 06:46:11 PM
During the pandemic, some time ago, almost all businesses were closed due to limited income. even many workers were laid off or laid off.
I am one of those who got laid off from the company I work for, to survive during Covid I just spend time with my family and enjoy the fruits of my previous job.
33  Economy / Economics / Re: Money and education on: March 25, 2023, 06:25:30 PM
Money and education which one of these is advisable to achieve?
They constantly say education is the key to success but in my country today many graduates don't have a job, and most of them are still fed by their parents, and that's not the way it's supposed to be.
And again they also said money is potency and fondness. Yes, money is power even if you are not a graduate or you haven't been to college before and you have the money you can even employ a graduate to work for you.
Presently now in my wonderful fatherland NIGERIA 🇳🇬 I can see the power of money.
Please any advice?

education and money are things that always go hand in hand, without money education cannot be achieved, and without education money cannot be managed properly.
I think the two of them have a very close and inseparable attachment.
34  Economy / Economics / Re: Money hardly come this days! Why? on: March 25, 2023, 06:19:44 PM
I don't understand why things are so unspeakably hard to people. I couldn't hard a good feelings for some days after thinking of what must have trans-led this suffering of financial hardship in societies. Money is rare this days, am going through a lot but I just hope things well and better soon. Is not really funny here.

My children are at home chase from school, I could not pay fees again. What could be the cause of scarcity of cash?

I don't think it's the scarcity of money that is currently happening anywhere, but job opportunities that are hard to find for anyone who needs them. With no work, finances will be difficult to obtain. the opportunity to work at this time is really very minimal.

Because of the pandemic, businesses are just getting back up and running, focusing on profits rather than hiring people; there has also been a lot of competition over the years because there are a lot of graduates, so if there is a job opening, a lot of people will apply, lowering the chances of getting that job. Also in business, people right now are saving or only spending money on those things that are affordable and not really spending on their wants because of the inflation.

I also think it's true that it was caused by covid some time ago, and now is the beginning of a new awakening or stage of economic recovery, so that many job opportunities are limited and most people only spend their money on essential needs. therefore finances seem scarce
35  Economy / Economics / Re: Do you think Bitcoin can end poverty? In a nation today on: March 25, 2023, 06:14:24 PM
Without knowing how bitcoin can provide real benefits for someone, it is impossible for Bitcoin to end poverty. unless some people know that by investing and trading in Crypto, Bitcoin in particular it is possible with bitcoin one can end the poverty that haunts us all. but trading and investing in bitcoin has a risk that is vulnerable, it takes precision and observance in trading and investing bitcoin to end poverty
I don't think Bitcoin can end poverty in our nation today, because not everyone knows how Bitcoin works, most people among us just hear the name Bitcoin, they don't know what is use for, if it is for trading and so on. And another problem is that many people mistake all Altcoin to be bitcoins, which has lead many people into lossing alot of money by investing wrongly. With the rate of scammers out there today are now evening making it harder for people to invest sometimes, because they don't want to be rob of their hard earned money.

as I said in a previous post, where someone who doesn't know how bitcoin works will be impossible to benefit from and will even continue to be poor.
it's even true as you say, someone who doesn't know bitcoin and just hear about it always thinks that every cryptocurrency is bitcoin, even though it's very much different. because considering other crypto as bitcoin then that's where someone will be faced with a very big risk.
36  Economy / Economics / Re: Poor and Rich on: March 25, 2023, 05:52:39 PM
The point is I started in low before having some savings and investment. I'm not saying I'm already rich but I can say that I'm better than before. Can you guys share your ideas with this topic.
Today is the age of technology, where many rich people think investment is a factor for economic growth for them, poor people only think tomorrow where they have to get money to buy their living needs.

In the current era, fighting money with money can make money, the poor have no money to invest or stir up, that's why the poor don't experience development all the time.

To achieve success need capital / economy in the field that we want to do.

yes, I agree with this statement. being poor is actually not an option that a person has to choose but must face what has become a condition for him.
if only because of capital then it will be difficult for poor people to change their fate for the better, while rich people will easily do what they want because of the capital they have. investment will not apply to the poor because he only thinks about the needs of tomorrow let alone the benefits that can be achieved. surely it will not apply to the poor
37  Economy / Economics / Re: What is your biggest obstacle to achieving financial freedom ? on: March 24, 2023, 04:27:47 PM

Regardless where we live, money is our top priority in order to survive and thrive. Having enough money to fall back on means we are entitled to more choice and possibilities. Like it or not, we are chasing or being forced to chase money in most phases of our life. Financial freedom has been most people's ultimate goal for decades, if not for centuries. To achieve this goal, we will encounter endless challenges. Each of us has a unique life situation so what is your biggest obstacle to achieving it ? I know we can make a long list of problems but there must be one or two primary reasons that really hold you back. This is where we should focus and I would like to hear your story. Thanks.

yes, the main reason that can hinder someone from achieving financial freedom is money or capital. I think almost everyone will answer that money is the main foundation for achieving financial freedom. without money we can't do anything, everyone will need it without exception.
38  Economy / Economics / Re: Money hardly come this days! Why? on: March 24, 2023, 04:22:53 PM
I don't understand why things are so unspeakably hard to people. I couldn't hard a good feelings for some days after thinking of what must have trans-led this suffering of financial hardship in societies. Money is rare this days, am going through a lot but I just hope things well and better soon. Is not really funny here.

My children are at home chase from school, I could not pay fees again. What could be the cause of scarcity of cash?

I don't think it's the scarcity of money that is currently happening anywhere, but job opportunities that are hard to find for anyone who needs them. With no work, finances will be difficult to obtain. the opportunity to work at this time is really very minimal.
39  Economy / Economics / Re: Do you think Bitcoin can end poverty? In a nation today on: March 24, 2023, 04:18:25 PM
Without knowing how bitcoin can provide real benefits for someone, it is impossible for Bitcoin to end poverty. unless some people know that by investing and trading in Crypto, Bitcoin in particular it is possible with bitcoin one can end the poverty that haunts us all. but trading and investing in bitcoin has a risk that is vulnerable, it takes precision and observance in trading and investing bitcoin to end poverty
40  Economy / Economics / Re: What will you do if bitcoin crash? on: March 24, 2023, 04:08:26 PM
If bitcoin crash today, what will be your fate? Poor or rich. Most people on the platform have submitted all their life savings to bitcoin investment. There was once a man in my area who sold his house to invest in a local platform called BARAZAR in 4 months missive the so-called BARAZAR was shoot down and now he does not have a cottage. So I ask again if bitcoin crashed today what will be your description rich or poor?

Judging from the growth that Bitcoin has had from year to year, of course, the estimated value of a holder fluctuates in the exchange they own.
if today the price of bitcoin falls what I feel is the slight loss that I experience because I have a little bit of assets in the form of BTC, but because of the falling price I will try to buy it again more than what I currently have. the collapse of the BTC price is no longer a burden for me because there must be more movement in the future
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