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201  Other / Politics & Society / Re: Politicians and false humility on: March 18, 2024, 04:38:12 PM
And that's why we ought to always go out to vote because during election they constantly promise up and down, just to take benefits of those who are innocent and make them suffer for it later after they have won the election however is in the human nature to be open to the kind of fraud that politicians practice because of greed and we are too blind to see them because of wealth and physical things, not discovering that we have been manipulated or will I say that we have been too blind to detect the wickedness inside them because we have been induce and politicians will do everything just to win our hearts to vote for them and for them to win during elections and they're all monsters in human form. So, I believe that we should assess people based on their actions rather than their words.
202  Bitcoin / Bitcoin Discussion / Re: HODL bitcoins, you can do it! Look at HODL camp map to build up strong hands on: March 18, 2024, 10:22:06 AM
So if a guy is able to live off of trading and live a regular life, while at the same time having enough left over that he is able to save between 5% and 25% of his income into bitcoin, then he is doing even better because he is saving for a future - otherwise, he is going to be working his whole life and never getting anywhere.. so I am not sure if that would be a very good way to live... and so yeah, sure how are you going to measure the matter in terms of comparing to other kinds of work that he might be able to do.
In traditional finance, people are generally urged to save 5% to 25% of their income for retirement or other long-term objectives. You are correct in suggesting that someone who can do this with Bitcoin while simultaneously meeting their basic necessities is doing even better. This is because they are not just saving for the future, but also hoping to profit from Bitcoin's potential appreciation over time.
It's a truly unique and imaginative approach to think about Bitcoin savings. Treating Bitcoin like a typical savings vehicle allows users to benefit from both its short-term usage (e.g., as a payment mechanism) and its long-term potential (e.g., as an investment). It's not all about the profit though.People who use Bitcoin as a savings vehicle may also feel more in control of their finances and less reliant on traditional financial institutions.



but yeah since 2022 I started to recover again and now those mistakes will never happen again.
thank you for reminding us how grateful we are being in Bitcoin investing.
It is good that if you started back up in 2022.. so yeah, keep going and keep building your BTC stash, even if it is just a modest amount of $100 per week or whatever you can do..
actually that's what I am doing now , 100$ a week or sometimes even a little higher when there are extra work for a week, not minding how much the price is because Like you i believe that bitcoin will be here and growing in the coming years and not just now and tomorrow.
You are truly aspiring us small investors to keep trusting this great currency..Thank you.

So yeah you surely can be flexible with the amount that you put into bitcoin based on your cashflow and expenses, and surely you have to be careful to make sure that you are not overdoing it. and you have some other funds in case you have some kind of an emergency that might relate to your income or your expenses,
I'll keep that in mind mate and yeah , Like what I said I maintain that 100$ weekly not unless there are something comes out of extra that I am adding to that amount because 100 usd is the only funds I can afford to keep in Wallet.
but aside from that all of my job pay gets directly to my wife as we agreed to that in which she will allow me investing but the family money will be for her to budget.

If you have a job besides earning bitcoins and if your job is enough to meet all your family needs then in my opinion you can keep all the bitcoins earned from bitcointalk. Or invest as much as you can by planning for a long period of time that you will actually hold for. Here is the weekly or monthly saving method which seems to me to be the best method.
It's quite sensible and logical. The strategy you describe is also referred to as DCA (dollar-cost averaging). It's a method in which you invest a certain amount of money on a regular basis, regardless of the investment's price. This helps to level out market fluctuations and reduces the danger of financial loss.
One of the primary advantages of DCA is that it removes emotion from the investment process. When the market is rising, it's easy to get caught up in the enthusiasm and invest all of your money. However, if the market falls, you risk losing a large sum of money.
 By investing a fixed amount of money every month or week, you take the emotion out of the equation and focus on the long-term goal of building wealth. It's like putting money in a piggy bank over time, every coin counts!

There is a lot of scientific research that supports the effectiveness of DCA. One study found that investors who utilized this method over a 10-year period outperformed those who tried to time the market. So, while it may be tempting to purchase low and sell high, data indicates that this is not necessarily the greatest strategy.
 Consistency has shown to be the secret to success.
 One thing to bear in mind about DCA: it is not a "get rich quick" scheme. It's a cautious and steady technique that will take time to produce results. But if you're patient and consistent, it can be quite beneficial. Another thing to keep in mind is that you should invest an amount that you can afford each month/week without putting yourself in a bad financial condition.




but yeah since 2022 I started to recover again and now those mistakes will never happen again.
thank you for reminding us how grateful we are being in Bitcoin investing.
It is good that if you started back up in 2022.. so yeah, keep going and keep building your BTC stash, even if it is just a modest amount of $100 per week or whatever you can do..
actually that's what I am doing now , 100$ a week or sometimes even a little higher when there are extra work for a week, not minding how much the price is because Like you i believe that bitcoin will be here and growing in the coming years and not just now and tomorrow.
You are truly aspiring us small investors to keep trusting this great currency..Thank you.

So yeah you surely can be flexible with the amount that you put into bitcoin based on your cashflow and expenses, and surely you have to be careful to make sure that you are not overdoing it. and you have some other funds in case you have some kind of an emergency that might relate to your income or your expenses,
I'll keep that in mind mate and yeah , Like what I said I maintain that 100$ weekly not unless there are something comes out of extra that I am adding to that amount because 100 usd is the only funds I can afford to keep in Wallet.
but aside from that all of my job pay gets directly to my wife as we agreed to that in which she will allow me investing but the family money will be for her to budget.

If you have a job besides earning bitcoins and if your job is enough to meet all your family needs then in my opinion you can keep all the bitcoins earned from bitcointalk. Or invest as much as you can by planning for a long period of time that you will actually hold for. Here is the weekly or monthly saving method which seems to me to be the best method.

What good thing about there if you have a full time job and yet you are earning some bitcoins on your side hustle just like what you earn on your sig campaign then you can potentially use that to increase the size of your investment. With this we can assure that we can make our plans into reality and no other issue that can stop us to hodl since we have multiple source of income that can make all things possible on our side. Now the other thing we can do is to look for other more ways to get other source of income so that we would have more money to use maybe to separate it on emergency funds so that we are also fine if we experience a down time on our job and we are still fine since we are fully prepared on this consequences.
You are correct that having many streams of income can be an excellent strategy to achieve financial stability. It is usually a good idea to maintain an emergency fund to cover any unforeseen expenses. You're also correct that this strategy can help you hang onto your money even when the market is down. It's a technique to create a safety net for yourself so that you don't rely solely on one source of income.
Having numerous income streams can help you achieve not only your investment goals, but also your other financial goals and many other aspects of your life more quickly. For example, If you're aiming to save for a large purchase, having numerous sources of income can help you get there sooner. Again, having many sources of income can help you achieve financial independence more quickly. And Finally, having numerous income streams can help you strike a better work-life balance. You can decide to work less in one area and more in others that are essential to you, such as spending time with family or pursuing hobbies.




but yeah since 2022 I started to recover again and now those mistakes will never happen again.
thank you for reminding us how grateful we are being in Bitcoin investing.
It is good that if you started back up in 2022.. so yeah, keep going and keep building your BTC stash, even if it is just a modest amount of $100 per week or whatever you can do..
actually that's what I am doing now , 100$ a week or sometimes even a little higher when there are extra work for a week, not minding how much the price is because Like you i believe that bitcoin will be here and growing in the coming years and not just now and tomorrow.
You are truly aspiring us small investors to keep trusting this great currency..Thank you.

So yeah you surely can be flexible with the amount that you put into bitcoin based on your cashflow and expenses, and surely you have to be careful to make sure that you are not overdoing it. and you have some other funds in case you have some kind of an emergency that might relate to your income or your expenses,
I'll keep that in mind mate and yeah , Like what I said I maintain that 100$ weekly not unless there are something comes out of extra that I am adding to that amount because 100 usd is the only funds I can afford to keep in Wallet.
but aside from that all of my job pay gets directly to my wife as we agreed to that in which she will allow me investing but the family money will be for her to budget.

If you have a job besides earning bitcoins and if your job is enough to meet all your family needs then in my opinion you can keep all the bitcoins earned from bitcointalk. Or invest as much as you can by planning for a long period of time that you will actually hold for. Here is the weekly or monthly saving method which seems to me to be the best method.

That's the advantage of having multiple sources of income since you can separate things needed so you may have huge chances to succeed on your plans. Unlike if you only have rely on single income and you are afraid to explore since you don't want to get out on your comfort zone then everything will fail once your expectation on things or how market moves did not follow as what you expect and your main source of income collapsed. That's why its really good to think what's best and don't commit on single income generating since usually people like to quit their job and focus only on bitcoin which is bad choice for them especially if they are not consistently earning or they are just starting up.
It's easy to grow overconfident or even lazy when you have a single source of income that's satisfying your demands. However, you're precisely correct that this can place you in a vulnerable situation if anything changes and that source of income goes. You've also made a really significant point about being comfortable with risk and seeking new chances.
it's possible to achieve a balance between being cautious and taking advantage of fresh opportunities. One technique that can be beneficial is to set aside a specified amount of money for Bitcoin, and to treat it as "play money." That way, you can be constant in your investing without jeopardizing your overall financial stability. It's easy to get stuck in a loop if you're not prepared to take risks and attempt new things.
It is important to approach risk in a balanced manner and avoid putting all of your eggs in one basket. It is also essential to have a backup plan in case things do not go as planned. It's easy to get caught up in the excitement of bitcoin and overlook the foundations of good financial planning.
203  Economy / Gambling discussion / Re: A personal view on: March 17, 2024, 10:06:46 AM
Absolutely, this is an important rule for all bettors to remember. Diversification is essential in any investment or financial decision, but it is particularly vital in gambling. Putting all of your money on one event is not only hazardous, but also leaves little opportunity for mistake. Spreading your bets across multiple events allows you to reduce your losses while still having the opportunity to reap the benefits.

One must learn to manage their bank role while gambling, that's what contribute to a responsible gambling habits. Anyone that makes drastic while gambling can experience more significant loses because they stake too much on one game that has a 50/50 chance to be a win or lose. Some gambler don't know how to manage their bankroll or they just gamble with their emotions.
One thing that affect most gamblers which lead them to behave the way they behave on the aspect of wager amount is over confidence, they don’t treat gambling the way it should as something that the possibility of winning is very slim, but rather some gamblers after making a little prediction about a particular game they see the game as something that deserve a high staking which most of them time some of them go as far as taking loan due to the high trust they  have for a game that will end up playing against their prediction.
Overconfidence can indeed be a big issue when it Gambling. The problem with most gamblers is that they overestimate their chances of winning and this often leads to reckless decisions with their money and high risk taking that'll likely have consequences.
 This is mostly common for gamblers who have had series of success in the past, they'll feel like their chances of loosing are very slim which is very unwise, and this will lead them to taking bigger and bigger risks. Of course just like you pointed out, this could lead most people into serious debt because of their Gambling habits.
204  Bitcoin / Bitcoin Discussion / Re: HODL bitcoins, you can do it! Look at HODL camp map to build up strong hands on: March 17, 2024, 03:34:10 AM
1) whimpy low coiner

2) sufficiently aggressive low coiner

3) an overly aggressive low coiner
A lot of investors today who are number 2 started off overly aggressive and bought into the different altcoins that promised to be the next Bitcoin. Likely, they entered the market during a bull run when crypto was at the top of everyone's lips like in late 2017 and dives right into the ICO bubble which was growing larger everyday.
After getting burnt a couple of times and losing some money, maybe gaining some more, but over the next couple of months they moved towards more stable coins like Bitcoin and aggressively went into it, moving most bb their profits from other investments into it.

The first guy usually stays the same.

"The first guy usually stays the same."

Interesting point.  I consider the whimpy low coiner to have potential, since he has already acted.

We have such a common problem with the no coiner who fails to act, and so maybe there are different kinds of no coiners too.. but a low coiner has gotten further than any no coiner who has failed to act.   We know that another term for no coiner is pre coiner, yet there are still some who might be teetering upon having interest in bitcoin and others who don't really invest into anything until everyone they know and their dog is doing it, and then they join.. yes those ones are maybe the laggards.
There are many distinct types of people who use Bitcoin. The "no coiners" you refer to may just be uninterested in investing in anything, or they may be suspicious of Bitcoin in particular. "Pre-coiners," as you describe them, may be interested in Bitcoin but not yet ready to purchase any. And "laggards," as you call it, may need to witness widespread use of Bitcoin before investing in it.
I think the cause for these various emotions from people towards Bitcoin is fear of the unknown and a lack of trust and confidence in Bitcoin, and these people truly need help, education is crucial when it comes to helping people feel more comfortable with Bitcoin.

 Many people could have misconceptions about Bitcoin or just do not comprehend how it works. People may be more willing to invest if they are given clear and factual information about Bitcoin, its history, and its potential. Furthermore, I believe it is essential to highlight Bitcoin's numerous applications outside investment. For example, Bitcoin can be used for remittances, cross-border payments, and even as an inflation hedge. Focusing on these practical applications may help people see Bitcoin in a different way.

1) whimpy low coiner

2) sufficiently aggressive low coiner

3) an overly aggressive low coiner
A lot of investors today who are number 2 started off overly aggressive and bought into the different altcoins that promised to be the next Bitcoin. Likely, they entered the market during a bull run when crypto was at the top of everyone's lips like in late 2017 and dives right into the ICO bubble which was growing larger everyday.
After getting burnt a couple of times and losing some money, maybe gaining some more, but over the next couple of months they moved towards more stable coins like Bitcoin and aggressively went into it, moving most bb their profits from other investments into it.

The first guy usually stays the same.
"The first guy usually stays the same."

Interesting point.  I consider the whimpy low coiner to have potential, since he has already acted.

We have such a common problem with the no coiner who fails to act, and so maybe there are different kinds of no coiners too.. but a low coiner has gotten further than any no coiner who has failed to act.   We know that another term for no coiner is pre coiner, yet there are still some who might be teetering upon having interest in bitcoin and others who don't really invest into anything until everyone they know and their dog is doing it, and then they join.. yes those ones are maybe the laggards.
yeah you are right and thanks for the clarity of different low coiners, but recently I think I'm among the category of the second one, but at first I was among the category of the third one , overly aggressive low coiner , because at that time I involved my self in a of scheme, like trading and involving myself with alot of shitcoins thinking they would make me rich quick and earn me some goot profit, but at the end they did the opposite, got me reckt and I got to learn the hard way. But ever since have been gaining more knowledge about how Bitcoin investment or holdings works . I now find myself being among the sufficiently aggressive with the help of sir @JJG and some other users in this forum I'm now able to Accumulate bitcoin and same time manage my financial situation.
I think this post now add clarity to how I felt mid last year. I was indeed number 2 and I'm glad I was as it made me cover up some gaps by combining both the DCA method and buying the dips. As someone who did not start building my bitcoin asset early, it was not a good feeling realizing that we were a year to bitcoin halving, and ETF approval where it was expected that Bitcoin will make a new all time high yet I did not have a good bitcoin portfolio. This was what motivated me to suspending a lot of activities costing me money and channeling those funds to Bitcoin. I achieved my target anyways but not as much as I would have achieved if I started investing way back in the bear season.
I believe that we already discussed that sometimes there can be some early initial goals that are set and then when they are achieved, then they spark the setting of newer goals that might be related but they are slightly different based on our new circumstances, including our assessment of BTC's price performance during that time, too.
Our goals and motivations have the potential to change and evolve over time, especially with something as dynamic as Bitcoin. True, as time passes, we may realize that our initial goals have been reached and that we now have other, related ambitions to pursue.
There are various ways in which a person's motivation for investing in Bitcoin can shift. For example, perhaps when they initially began investing, they were primarily concerned with the potential for profit. Over time, users may discover that they are more interested in the technology and community surrounding Bitcoin, rather than the prospect for financial gain.
Alternatively, they may find that their initial goal of accumulating Bitcoin has shifted to a goal of using Bitcoin to make purchases as well as other purpose.

Another fascinating way for someone's Bitcoin investment intentions to change is if they grow more interested in using Bitcoin to support causes that are important to them. For example, many charities and non-profit organizations accept Bitcoin donations. So, a person who started investing in Bitcoin just for profit may discover that they wish to utilize their Bitcoin to support a cause that is important to them. Alternatively, users might use their Bitcoin to invest in initiatives that are built on the Bitcoin blockchain, such as decentralized finance (DeFi) or non-fungible tokens (NFTs), so many others.
205  Local / Nigeria (Naija) / Re: Economical instability : Roles Of Citizens on: March 16, 2024, 03:40:30 PM
Nigeria is facing Economic instability and inflation. The government has failed in many ways in terms of policy making to bring the Nation out from these hardships, corruption has eaten deep in all sectors of the Government. Citizens are complaining all over the Nation because of hardship being felt. However my point of this topic, is that despite the government having the major role to play Citizens of this nation also have their part to contribute by

1.Buy local and Encourage others to buy and support local products.
2.citizens should not use the high price of foreign products to affect locally manufactured products
3.products manufactured locally should be sold at affordable prices e.g palm oil, Garri, local rice, fish, onions, tomatoes, corn cassava wheat etc.
4. Support others in learning what will be beneficial to and their family

What are your input on roles of citizens in this Economical situation


I believe Nigeria is dealing with a lack of confidence in one another. There is a great deal of distrust amongst people who have various nationalities and beliefs. And I believe that one of the most effective methods to build trust is to provide greater chances for people to gather and connect with one another. This could take the way of joint endeavors or other activities that bring people together and get to know one another. As a result, this can help to create compassion and understanding, both of which are necessary for building confidence. It is also extremely important to provide greater opportunities for conversation, where people can share their viewpoints and firsthand knowledge.
206  Local / Politics and society (Naija) / Re: Blame game to cover incompetency on: March 16, 2024, 03:21:10 PM
Most Nigeria leaders lack the charisma and competency to make good policy and economic decision that be leverage to the development of the country instead they blame their predecessor for their failure.
The past despensation used eight yours to blame his predecessor for his failure  instead of looking for a way to make a good policy that will foster development and good governance. This present dispensation also adopt the blame game to cover his weakness and empty vision. It's good to be in power but let it be on creating making policies and good governance that will impact positively to the life of the citizen.

I believe it is achievable, but it will require a lot of effort. It will take an intentional endeavor from the public to expect more from their leaders. It will require the press to hold leaders answerable for their acts, as well as a proactive and engaged participation of the general public. Leaders must have the strength needed to challenge what is current and do activities radically. And it will take perseverance and endurance because it will not happen immediately. It is disappointing to see a great deal of opportunity squandered due to a lack of leadership. So we should search for leaders who are more concerned with issue resolution than with politics.
207  Local / Off-topic (Naija) / Re: Reason why the rich always get richer on: March 16, 2024, 03:10:36 PM
Getting rich or been wealthy is never a day job as we may say it, it is always like a journey of a thousand miles which always begins with a step, there are certain strategies u need to consider self discipline is one of it commiting your self also on a longtime investment (goal).
Also been a salary earner won't make you get richer if you are not investing on it, it is always about what you do with the income you have, there is this saying that says no risk no reward people that gets rich in life are also risk takers.
The rich also invest on a long time asset that will be profitable to them in time coming while other people save their money stuck in the bank without any profit the are busy making their money grow for them on what they have invest into, it can be real estate and other profitable businesses.

In my point of view, the single most important aspect for someone looking into becoming wealthy is a mix of mentality and a diligent work effort. The appropriate mindset is necessary you must be focused, dedicated, and willing to devote the period and work required to attain the goals you have set. However, it is not enough to simply work constantly; you must also work effectively. Long-lasting achievement requires thoughtful planning and sound ability to make choices. Sometimes taking sensible risks is required to attain financial independence. It is also required to assess the expected risks and benefits of any investment or company effort. Having a growth mentality, which is constantly wanting to learn and better, can also help to lay a sound basis for wealth creation.
208  Local / Off-topic (Naija) / Re: A Good Government Brings Economic Growth on: March 16, 2024, 02:36:26 PM
I saw in a news that the governor of Niger State Mohammed Bago, signed a multi- million deal with a foreign company called the Reinke, a global irrigation company, that would help boost Agriculture in Niger State and Nigeria at large large. This has caused citizens of the Niger state to rain praises on him, saying he's the best governor so far and they've finally got a deserving leader. Also, before now bago had promised to work the extra mile to collectively build a better future for the citizens of the State upon his assumption of duty as their governor, which he's currently trying to achieve. This is the real deal, this is the kind of leadership Nigerians are demanding and i think others should emulate from this instead of coming into power to loot states treasury.
 Also there are other good leaders for instance, Alex oti, the Governor of Abia State who's currently transforming the state from bad to being better, Abia state which was formely know for bad roads, poor electricity, and dirty environment is gradually being transformed by Governor Alex, he's currently building good roads and recently commissioned a geometric power plant in osisioma, of which major cities in Abia are now benefiting from the constant power supply.
 There are several other good leaders with good intension to help change the country by bringing developments and boost our economy, but we all know that our country is filled with  more corrupt and bad leaders than good ones. Well we've seen the benefits of having good leaders in our government and i think if more good leaders, would  emerge in every arms of our government, from the judiciary down to the legislators, then there would be change and our economy would gradually get better, cause by then politicians would begin to give account of looted funds and countries treasury and not go scott free afterwards. Change they say begins with everyone but when the head is bad, the whole body gets bad as well, therefore if more good and better leaders emerge in various areas of our government then there would be change and it would help boost our economy.

I'm delighted you purchased this. Another change that I believe could benefit is political financing regulation. Right now, there is little visibility regarding the origins of financing for political initiatives, which leads to widespread corruption. If we had rules requiring any contributions to be publicly reported, it could discourage some of the fraud that is taking place. It could also assist to level the playing surface for every applicant, regardless of income. It may also motivate more people to run for government with the goal of serving the public rather than one's own benefit. We could also employ electronics to help citizens monitor the development of elected leaders and hold them responsible for the results of their activities.
209  Economy / Economics / Re: How can it be possible coping with one source of income on: March 16, 2024, 02:24:30 PM
Yes even I have gone through this as I had been doing more than one job but still struggling to cope with with the bills even after cutting down on all the unnecessary expenses. Here's the point if you are working multiple job with lesser income you will still struggle rather upskill yourself with the latest technology and get into high paying jobs in the market. Because I have seen a friend of mine who had invested his free time doing some networking course and end up earning more than what I earn with my two jobs combined. We need to focus on increasing our salary and yes having multiple stream of income is must as you never know when you may lose your job especially now as we are witnessing layoffs by tech giants as well, hence cannot be dependent on just one job or stream.

Amazing! you make an excellent point about having a side hustle, which may be a fantastic way to supplement your income and expand it. But I think once you've found an ability or passion that may be able to be made profitable, the next thing to do is to find out how to start. For instance, if you want to try something new at writing on your own, you may begin by creating an account on a platform such as Wikipedia or Fiverr. You might also start an internet site or blog to promote your work. If you're interested in tutoring, consider using an offering like Wyzant or Premier Tutors. If you wish to sell products online, you can create an account on eBay or Etsy.
210  Economy / Economics / Re: The impact of war on global economy. on: March 16, 2024, 02:03:59 PM
1. Increase in the national GDP is least likely to be caused by a war.
2. Oil is considered the most crucial resource in modern warfare.
3. War affects the stock market by causing a decline in stock prices.

What do you guys think? Is this true or false?

The other two ideas aren't as straightforward as true or false. Statement number two is true: while war often causes a drop in the value of stocks, this is frequently not the case. during the seasons of conflict, commodities may rise because buyers believe industries that give services and products to military personnel are more secure. Finally, while war usually results in price increases, it is not a given conclusion. It relies on a number of circumstances, including the seriousness of the war and the country's general financial situation.
211  Economy / Economics / Re: Isn't it all about money? on: March 16, 2024, 01:44:39 PM
What's the essence of all the hustle and bustle and learning and reading and keeping all the sleepless night? Isn't it all about money?

What if I don't want to go through all these process, don't care if I'm a graduate or not or if I'm good at speaking good English or not buth I'm just focused on how to make the money and end up making the money, won't the end justify the means?

I sometimes feel that some of these ideal process that has been accepted by the majority of the people in the society as a part to be taken to greatness is too complex. I mean, we can just learn how to read and write and focus on how to make money. Those who want to become engineers can choose to do so but those that don't want to pass through those route shouldn't be seen as less of a person because at the end of the day, it's mostly all about money.

Something to remember is that money is not everything. Yes, it provides protection and support, but wealth cannot buy happiness or satisfaction. Investigation has shown that if people's fundamental needs are addressed, more money does not correspond to greater happiness. In fact, when money becomes the primary focus of a person's life, it can reduce happiness. Furthermore, concentrating entirely on money may lead people to overlook other needed areas of life, such as intimacy, wellness, and private development. So, while money is certainly essential, I believe it is better viewed as a tool to a final destination, instead of as the final target itself.
212  Economy / Economics / Re: Reckless financial decision ? on: March 16, 2024, 01:30:21 PM
Spending too much, gambling, and lending can all lead to risky financial decisions, putting people in essential financial problems and making them impoverished without their knowledge. And sometimes there is an absence for learning or assets accessible to help people learn about financial matters, and they will need to learn about the basics of private finance, such as money management, budgeting, and deploying funds which can help them know and make better financial decisions, and they can learn this in school, as well as from their parents. If they are not considered early on, the consequences will be negative in the long run.
213  Economy / Economics / Re: Hardship as a global problem on: March 16, 2024, 12:45:20 PM
Currently in the world today.hardship is every where, it is not just a country problem but a universal phenomenon that is occurring rapidly. It is clearly seen that people are literally not able to eat even a square meal for a day. Especially those in under developed countries.hardship which is now a global spread has taken its roots in the world today. We now seat and face our day to day survival with no hope of what would happen next. Sincerely I think this great problem can be resolved if nations could come together and create a universal solution to it

One policy that I believe would be especially helpful is the adoption of a universal basic income (UBI). UBI is an idea in which every citizen will receive an adequate basic revenue, irrespective of their profession or financial level. This approach has the potential to reduce hunger and poverty while simultaneously promoting economic growth. Some countries, including as Finland, Canada, and Kenya, have already tested with UBI. Citizens and non-governmental organizations (NGOs) can play an important role in providing relief and support to those in need, while the World Bank can contribute assets and knowledge to help governments.
214  Economy / Economics / Re: Early exposure of children to wealth and investments on: March 16, 2024, 12:08:12 PM
The art of Parenting is one critical responsibility that plays a great role in shaping the kind of people we have in our society and sometimes in the guise to effectively train our children, factors like, at which age we expose them to our investment and resources become a difficult decision we have to make.

Some parents have denied there children access to a lot of privileges because to them, it will be a major distraction  and this could to a very large extent make the kids to feel unloved and might birth hate and hurts in their heart.

There had been cases when parent invest into project without letting their children know about it and then they suddenly die and it becomes a difficult situation trying to figure those project out and some extended relative might even deny the child access to it.

Is it right to tell your children all the investment you've made even when they're not yet matured enough? If no, At what age should they start knowing about those investment?

I believe that the child's age and emotional development are important factors to consider. For extremely young children, it may be advisable to focus on teaching them basic money ideas such as saving and spending, rather than introducing them to major amounts of cash or investments. As children get older, you can introduce them to the principles of long-term savings, multiplication, and investment. It is also needed to analyze the kid's connection with money and how they view prosperity. Some teenagers may have false desires regarding money, viewing it as an expression of power or fame. In some circumstances, it may be necessary to assist children comprehend the mental and moral aspects of money.
215  Economy / Economics / Re: Do you believe in savings or investment on: March 16, 2024, 11:59:09 AM
Well, for me, I think I'll go with the two because saving can help when emergency or unexpected needs happen, and investing is also necessary for the years to come. And investment can make someone wealthy for a lifetime, although saving is a short-term availability; in the event of an emergency, you can immediately use your money to help yourself, whereas investing does not allow you to access your money for a set period of time. So it is essential that you save in addition to investing. It is also necessary to understand the danger that exists between the two.
216  Economy / Economics / Re: Leadership and Economics on: March 16, 2024, 11:42:54 AM
Let's examine leadership's superiority over management. You promote leadership as the key to organizational and economic success. While encouraging, this approach ignores the concrete drivers of economic progress. Leadership inspires vision, but without careful management, are we merely creating castles in the air?

Consider regional economic growth. It's simplistic to blame leadership. Economic policy, market dynamics, and investor confidence result from strategic planning and execution, not visionarism. You question if the right leader can make citizens, businessmen, and investors happy. Possible, though. However, this ignores the communal efforts needed to navigate modern economies. As citizens, businessmen, and investors, economic structures, regulatory frameworks, and global market forces determine our comfort, not the appropriate leader. Doesn't thinking differently seem naive?


If we want to achieve major and sustainable growth in the economy, we must take an extensive strategy that considers all of the issues involved. Social decisions, for example, can have an important influence on how the economy operates. Governments can take advantage of policy to encourage both companies and people to invest and develop, or to create obstacles to growth. Market conditions are another important issue that cannot be overlooked. Demand and availability, opposition, and other industry variables all influence the expansion of the economy. So, while leadership is important it is not the only factor that counts. So while leadership is important, a single component of the equation.
217  Local / Politics and society (Naija) / Re: Can't we stand up to defend our right? on: March 15, 2024, 06:32:49 PM
There is something that has become a serious concern to me and I can't help but share it here. It's about how the military and security agencies treats most youth on the street just because they dress or look a certain way that appear rich. There had been several instances where an average youth had been molested and his privacy infringed upon just because of the way he dresses and sometimes because he is driving an expensive car. Should we now dress messy or board a public vehicle when we have the means of driving our own?

What informed this topic is the incident that I witnessed while returning from work this evening where a young guy was heavily slapped and embarrassed just because he dresses a certain way and when he was stopped and asked to unlock his phone he refused doing so and told them they where infringing om his privacy.

Is it even right for the police to forcefully attempt getting access into our mobile device? Isn't that an infringement on our privacy?

There have been major attempts over the past few years to tackle the issue of police brutality and human rights violations, but much more work still to be done. One significant responsibility is the Black Lives Matter movement, which emerged in response to police misconduct and discrimination on the part of black people in the United States. The movement has raised awareness about the issue and resulted in some changes, such as tighter supervision of police forces and revised training policies. However, it is evident that more must be done to guarantee that authorities treats everyone equally and respectfully, regardless of color, gender, or financial status.
218  Local / Off-topic (Naija) / Re: Network issues these days on: March 15, 2024, 06:23:37 PM
Omo network these days na something else o, wetin dey really happen self, if we no dey suffer for this thing, na that thing we go suffer. The network wey sabi dey still dey carry dey hold body still dey worry like say they don ban service for Naija even say we no get money to recharge but at least as network dey dey, we dey always get hope say at all at all say person fit call us to bless us or we self go fit flash people wey we want make we reach and they go call us back, but as network dey worry like this now, person no fit do anything again like to work for online or do any online thing abi government dem don discover say some people dey earn for online as e be say they no want make anybody prosper or anything.
219  Local / Nigeria (Naija) / Re: All work and no play? on: March 15, 2024, 06:14:11 PM
True true, all work and no play no make sense at all, yes I understand say time no dey for anybody wey dey hustle to survive or to put food for e table but at least once once person supposed relax e body small, at least take small break because body no be firewood and good health matter a lot, and e go even get small time to spend with loved one's and to go enjoy urself too, u know say work sometimes dey make people no go enjoy or do wetin they like most because work no give them that chance but e no make sense o because e fit cause person to sick and that sickness ehn, to recover dey really take time o while some people self dey die of am so e dey very advisable to work and also take a break, if we never ready to look old pass our age or to die quick self.
220  Other / Politics & Society / Re: What if we had only one language? on: March 15, 2024, 06:01:21 PM
So I have been wondering what if we had only one language?

What if all the countries of the world speaks just one language, would it have brought peace and unity in the world?

What's even the scientific explanation to the different languages we have in the world?

Well, I believe that having only one language will make communication easier. There will be no requirement for interpretation or translation, and people will be able to understand each other better. This could result with higher commerce, teamwork, and creativity. However, other scholars of language think that having a single language will reduce imagination and creative thinking. They think that language variability enables the emergence of new ideas and conceptions. This could encourage peace. However, speaking one language would result in a loss of ethnicity and variation, which I do not think would be enjoyable, and there would be no need to travel because everyone speaks the same language.
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