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The prime reason for the market downturn is the downfall of one of the largest global cryptocurrency exchanges, FTX. As well as bitcoin is loosing its value rapidly due to high inflation and cost of living crises, People are engage to hardly manage to balance their life. At this point people really not able to invest in such things and people selling their cryptocurrency.
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Financial stability can be measure with individua's saving, net worth, skill, education and experience etc. Apart from basic need if you are able to full fill yours along with family's other wishes like going on family vacation once or twice in a year. Get to gather with friends, parties, spending on your mental heath and peace is also financial stability. One more prominent point is, in your emergency just like medical emergency. In such hard time if you have enough capital to cure your disease and able to coming out from such serious condition then you are financial stability.
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If a large number of early investors are selling their coins, then it means that they are not feeling optimistic about the future of bitcoin. This may be due to a number of reasons. First of all we are witnessing increase in regulation from the governments. Also, the interest from institutional investors seems to be declining. Moreover, the prices have remained flat for the last few months. A lot of the old generation investors have decided that they need to sell at least a part of their coin holdings.
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There are always two sides of every policy one is good for some portion of population and another side, it effect negatively because if they are getting everything in free then they will become more lazy and dependent on government. Subsidy is good for developing nations for Reduces Cost and Inflation, By reducing costs, subsidies help keep inflation in check and ensure the optimal function of the market. Subsidy is important in a developing economy because With subsidies, consumers are able to access cheaper products and commodities.
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Having a large population can be both a strength and weakness, depending on the quality of the same. If the population is highly skilled and educated, then it can be an advantage to the country to have such a large population. However, if the population is of low quality, then it can be a burden to have a huge population as the government needs to spend a lot of resources on education, employment and medical care. African nations do have a rapidly growing population, but they are in poverty because the population is not sufficiently skilled.
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In my point of view in order to get into entrepreneurship having high education is not necessary, I am not saying education is not important in business. college degree is not required to start a business but it certainly helps in business. Theoretical education will help to give you basic knowledge about entrepreneurship. From education institutions we get theoretical knowledge about business and we get concreate experience from real life. In theory, many assumptions are made to explain the phenomenon and concepts but in real life assumption does not work.
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This decision is made more complex when you consider that renting and buying both have robust advantages. Nothing can be compared if you are the one who owns the place instead of renting it out. Renting or buying house they both have advantage as well as disadvantage. It totally depend upon your monthly salary but in my point of view building your own house is one time investment with huge capital. But once you done you and your family never have to worry for shelter in future weather you are there or not, they never suffer.
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In my point of view financial stability is apart from your basic needs food, shelter and cloths. If you don't have to worry about your medical emergency, good education for your children, getting educational degree from reputed university, several investment in real estate etc. personally I feel this is the symbols of financial stability for any individuals. Financial stability is very crucial in life which needs to be carefully handled because this only will define how we are going to lead a comfortable life in current and in future.
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"Making money is action, keeping money is a behavior and growing your money is knowledge." And you cannot make your grow your money as a employee in someone else company.
We all have different occupations some have their own business or some are working and helping the owner to grow their business in professional way. I want to tell something to those people, who don't have any skill yet. According to my experience I have learn one thing in my life, being skilled is most crucial. In my old company where I was working one of my female friend loss her job but Luckily somehow she became skill while working on same company like parkour tanning. When we both loss our job. As a result she start earning with her skill but I remain jobless with zero income.
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There are only one difference between banks and crypto whales one is supervised by government and another one is decentralized and not backed by any government. Regulated banks offer stability and security, cryptocurrencies offer decentralized transactions and the potential for financial freedom. Banks are controlled and supervised by government, but Cryptocurrency are decentralized and not backed by any government. The whales are big bag holders of bitcoin and they earn money with the investments they have made into it.
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In my opinion investment in Bitcoin will be more better than luxury watches because bitcoin (BTC) has delivered significantly higher returns than other assets in recent years. People who use to spend on luxurious watches for investment they must have to aware on it's protection, they spent thousands on it and worry about wearing it and accidentally damaging it. And yes living a life of luxury never makes you better people in society but Living a luxurious lifestyle is not about displaying wealth, but rather investing in quality products that stand the test of time.
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Exactly! It doesn't even deserved to be called as the Twitter's competitor just because of it's similarities and that's just unrealistic to think, we all know that Twitter has been in the world for quite some time now and it will turn to its 20th year this 2026. This Thread will not even surpass half of the Twitter's achievements, not even a bit, it's just that people are dying to try what it can do but yes I agree, after a few months, they will all go back to Twitter.
Twitter is on fire as soon as 'Elon musk' officially took control of twitter at the same time, first of all from the office of twitter the CEO of twitter that is Parag Agarwal of India was shown the way out. The biggest reason for which was that Parag Aggarwal told Elon musk on the deal between twitter that the future of twitter is now in danger but he hardy new that, in reality his future was in danger in twitter. After this, the CFO of twitter Ned Segal was also fired from the job. Even twitter's chief advisor Vijaya Gadde, who banned Trump's account from twitter was also dismissed by Elon musk. |
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That's true if a number of things are fulfilled, such as having a place to live (a house), access to education, health and daily basic needs, then the social status can be said to be not poor. Conversely, if access to these things is not fulfilled, a social gap will be created which will end up in poverty. In a broader definition of poverty, money plays an important role to improve social status and can provide access to opportunities and can be used for self-development.
I think even though poverty is often generalized by not having money. There are several other factors such as not having access to education, health, and business opportunities which can also be called poverty. By managing finances well and working hard, we can avoid poverty, of course it's not easy, but it's an obligation for every individual to improve the standard of living in society.
Yes, that what I was trying to said earlier. Poverty is not only consider when individua have no money but ''there are several other factors such as not having access to education, health, and business opportunities which can also be called poverty''. There are several types of poverty in society one when individual are unable to buy the basic necessities of life and cannot give them quality of life which are otherwise considered normal in a society. And in other hand Absolute poverty refers to the situation where a person’s total earnings are not enough to afford basic material for family's needs. |
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Holding cash isn't a way to build wealth or even preserve it over time. Cash savings can lose value over long periods of time and money at hand difficult to hold specially when you're the type of person that loves impulsive buying, shopping, get together with friends etc. In my point of view investing on asset is much better then holding cash on hand or if you really want to hold cash in hand then you need to start tracking your expenses which helps you to control on unnecessary expenditure from your daily routine.
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Investment is good, I right time and good investment can totally change our life but we cannot ignore our health as well. Everyone knows that heath is wealth. Without good heath achievement become useless. We should think about our health first before talking about investment and achievements. Health is the biggest wealth for a human being in his/her entire lifetime. One can survive without excess money but can't survive without good health. We can cure it when needed with the help of money.
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We can say that poverty refers to lack of money, We can consider weather individual are able to full fill their basic needs or not. If He/she are able to full fill their family's basic needs then we cannot consider them under poverty level. Poverty is said to exist when people lack the means to satisfy their basic needs. There are several things to determine poverty like poor education, unemployment, over population etc. We can reduce poverty with Productivity and incomes from occupations and livelihoods are important factors for reducing poverty. Social conditions such as health, nutrition, education and housing influence productivity, thus affecting poverty status.
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Now days marketing is limitless, we can see in social media everyday, such like from online casino, playing card to promote beauty products. Because of marketing People get ready to purchase even when they really don't need. In today's world Big or small companies spend on marketing. Advertisement industry is really big, You can see in India to sell their products like Vimal eliche, Shikhar Gutkha, Pan masala etc to sell their poisonous product which cause cancer in future. Company invest on marketing and they appoint big Bollywood stars like Ajay devgn, Sharukh khan and Akshey Kumar to promote their products and people get influence and they purchase still people interested to purchase their harmful products. Here we can see the level influence of marketing.
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It's just a cliché word because we can't lie that when we have money it makes us happy,
imagine when you want to buy something but we are in a condition of having no money,
I agree with your words and indeed it is better that we accept the facts or truth with patience.
I totally agree with you, It's better to accept the truth, there is a saying that ''money cannot buy happiness but only buy commodities or things'' it's only sound good in academic books or in quotation but in reality money does matter. Ask with those people who sleep empty stomach just because they don't have money. Do you think these people are happy? love with empty pocket it's almost impossible, especially for men. Empty pocket teaches you a million things in life, it teach you the value of basic need just like food, shelter and cloths. |
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Elon musk plays crucial role to developed most significant contributions like space exploration, renewable energy, electric vehicles, and tunneling technology. But with passing years he has been in various complications since purchasing the popular social media Twitter. Twitter has undergone numerous changes under Musk, he tried to reduce company's thousand of employees and costs and reduction was part of Musk's strategy to cut costs and steer the company towards profitability.
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These is very common question if you want to start business, or if you want to become entrepreneurs MBA is necessary or not? if you are in early age or you are in mid 20s then you will be in confusion should I pursue formal education or directly start with business. Then you should remember 3/4 things,
no one thing is mindset, it is one of the important thing to become entrepreneurs, or to start business you must have passion, dream and positive energy.
The second thing is there is no age, situation, financial, and residence barrier to start any business.
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