And maybe it depends on the purpose of the loan, if it is for the good thing or bad thing. We all know that there is a good debt right? but if he want to take loan just to expense his unmanageable expenses, addiction and some other vices then it could be a bad thing. He will soon can get another addiction and now it will be in too much spending and getting frequent loans without thinking to pay it.
The definition of debt is good for emergency purposes or for urgent needs, if taking a loan to cover other loans is not recommended unless the lender asks to pay off the loan before the payment agreement period due to an urgent need, but if you play with loan problems it will harm yourself because you have to pay interest from loans and finally he will not be trusted anymore even if he asks for another loan when he is destitute. You are really making yourself getting drowned because of the interest on which you are trying out to clear up a debt via a debt and this is where these lending firms or businesses flourish out because people do continue up this kind of behavior.I wont deny that im really guilty of this on which i have tested out on repaying a loan to clear up a loan because im on a situation on which i dont really have any choice but to take up that step to solve out some problems.This is where you would really be realizing on how important on having a savings could be because you would really be that prepared in case if there are emergencies.If you dont have something then you would really be ending up on getting loans as your last resort which it isnt something that could be avoided when you are already that desperate. Exactly. Too many people believe that taking loans is nothing serious and it will be easy to pay back until one day, they find everything opposite. By the due date you can't pay off the loans and having no time and other resources leave them only one option: start another loan with high interests to pay back the old one. That's the vicious circle officially starts. I guess the true lesson they can learn from is that actions have consequences and never underestimate the small problem that you think you can fix. Over the course of life, we all need to develop a few good habits and this is one of them. Most people say that taking a loan is easy, but paying it back is difficult. That is why people who are going to have a loan to pay off another loan wouldn't be successful in life because they are very busy paying back their multiple loans and couldn't save at all. That is why it is better to strategize first before you take a loan. Can you pay it back? Can you do the installment without having difficulties in buying your needs, and what's the purpose of the loan? If it is a useless thing, then don't do it. |
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Since strategy are always changing in trading, what is the relevance of experience? Who would you trust the most for trading tips,
An old trader who has had better days and mostly still relevant because they have a strong reputation for the fact that he has been trading for a while, or would you trust a new trader who is hot in the market and fresh with new strategies?
In contrast to new traders who may jump on trading trends to make quick money, someone who has been trading for a long time has old experience with trading and would have created some sound strategy, tips, and tricks for the market. Whilst certain tactics may occasionally shift, others stay steadfast. The reality is that while it is a good idea to rely on someone for a trading plan, whether it be new or old, the best course of action is to learn from both. Like I previously stated, a beginner trader would be able to use technology successfully and capitalize on some trading trends, whereas an experienced trader may have built a sound plan, tips, and tricks for the market. We can compare it with the beginner; he knows how to use technology, but there is not much experience in the market, which is prone to errors, whereas the old man, who does not really know how to use technology as he uses traditional methods, still works, though it takes more effort and time, and also has a lot of experience. Getting both or learning from them is best, as you will double your knowledge, unlike having to be one-sided. It doesn't matter if you are new or old in the market; as long as you are open to both, then for sure you'll come up with a great idea. |
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Just the existence of Bitcoin and its price can be proof that it is the king. There are no altcoins that have the same price, and also, Bitcoin has existed since 2009 without dying, unlike other altcoins that only last for a few years. No matter what altcoins we compare to bitcoin, they are all correlated since whatever the price of bitcoin is, altcoins are also affected. Also, there's no point comparing it to other altcoins, as they are all different and made for a purpose.
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The cheap price of local food is not only due to the influence of foreign food that enters the country through another meaning, namely receiving imported food. But because there are some local citizens who like and trust food from abroad, this has caused the price of domestic food to be cheap due to a decrease in the number of enthusiasts to buy local food.
In fact, this is very easy to overcome by the government if it really wants to be resolved, thus enabling domestic farmers to continuously open up new land and utilize old, vacant land for farming according to what is needed by most people in the country. But sadly the farmers cannot do that because they remember the low prices that often befall them when the harvest arrives.
Farmers don't expect income from agriculture because they don't get the appropriate profit during harvest, the government should make a policy to stop the import and export of local food ingredients to make local food prices stable, but they don't care about the farmers' business and it seems there are people who benefit from importers foodstuffs from abroad In our country, the government will import goods if there is a shortage because they can't control the price when there is a shortage. What the government should focus on is supporting the farmers about the fertilizer and the roads so that they can easily deliver their harvest to the market, as their harvest will be rotten before arriving at the market due to road conditions. Also, a lot of farmers right now are quitting because of very expensive fertilizer, from which they can't get enough profit. |
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If those girls are from western countries, I am shocked that they don't know them. I mean, most of Gen-Z right now who live in the world of the internet have already stumbled across bitcoin and for sure know the price or even not the updated one, but those girls don't know at all. I don't know if that is scripted, as most of the videos right now I've seen were scripted, but if it wasn't, then probably they don't really recognize it as bitcoin was not popular for them.
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Those players are just playing for money. Most of those powerful and rich people want to somehow control the game or game fixing it so that they will win their bet. It was really sad that athletes or players can be paid money just to do those acts or make their game lose, as for them, money matters the most. This really can affect the image of sports in Brazil for sure, as it was involved in the fraud, and sports bettors in that country will more likely not bet in those games.
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How about those poor countries? Are they capable of having charging stations in those remote areas? I think this would be implemented in rich countries, as they are sure to be capable of it. For sure, in that year, electric cars will be more affordable compared to their price right now, as most people really want electric vehicles, but the problem is that they don't have charging stations, and the price is also very expensive. Also now for sure that it is pretty normal to see electric cars running on the road, unlike right now, it is a head-turner when you see one.
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Can someone be addicted to trading? This is very surprising to me and I am still still skeptical about this...
You can be dependent not only on trade, there is such a term as a workaholic - https://en.wikipedia.org/wiki/Workaholic - "is a person who works compulsively. A workaholic experiences an inability to limit the amount of time they spend on work despite negative consequences such as damage to their relationships or health". There are traders who spend a lot of time monitoring the market and the result is not good for them physically and emotionally, so technically there are some who got addicted in trading in the wrong way even if you are making profit. It’s good to have a rehabilitation facility that can help you how to balanced your life since being addicted to trading can also trigger anxiety and depression. I’m into trading but I still know how to balance my lifestyle and still able to spend time outside trading. But being a workaholic means addiction. like you are addicted to your job? I'm not sure on this, but the only thing that comes to mind is that you can't control yourself when you are addicted and you want to do it anyway, no matter what circumstances you have. I've experienced checking and sitting in my chair watching the charts all day, but I am not impulsive to do it daily because I need rest and I am not doing it on a daily basis. I think you can call it addiction to trading if he is doing it every day, even if he loses, and looks forward to doing it every day and can't control themselves. |
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This is a great help for those who are addicted to gambling, also you can also refer them. I've checked the website, and I've seen that it is funded by the owner and affiliates, which for sure means they are having a hard time generating money on it, but the way they help you is through psychology and advice. I've already bookmarked this in case I need it or someone else needs it in the future, as it is free (I haven't seen it paid), and this is the best place to ask if you have those kinds of addiction problems.
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For sure, those students are not aware of bitcoin as they are having difficulty accessing the internet in your country. I'm not sure where you came from, but I think the accessibility of technologies is difficult, which is why there is little to no knowledge on it and they are just browsing the internet for fun. It is a good start to teach them about bitcoin, and for sure they will get interested in it. Also, it is best if you show them the charts and the actual sending and receiving of bitcoin from your laptop or phone so that they can imagine it well.
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In trying to save, they're things we shouldn't deprive ourselves and no.1 is our well-being (food). It's different when there's no money to feed than when there's money and you decide to starve only to save up for unforseen circumstances.
For all I know, your decisions might bring about something that the money you have saved up wouldn't even be enough to get rid off.
Nothing beats life, cause that's the only thing in this world that can't and shouldn't be traded for any other thing, so now we have it, make sure you're comfortable and satisfied.
There are really moments when we need to sacrifice things like food or other things so that we can buy other things or fulfill our dreams, but it is not good that you are already affected mostly by your health just because you want to save. We save money for good, but if there are other circumstances, we should use it. Though I don't have savings right now as we used it earlier this month for an emergency, which is not really intended for that, I touch it as I need it. |
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Once bitcoin can help you personally, it also has an effect on the economy, like when you have money to spend on goods that have VAT or a tax that can help improve your economy. Though most of us are just looking from our own perspective, we benefited from bitcoin. Yes, it really helps us financially as well as our family, and some of those who gain big profits build businesses that can also generate employment for others, which is good for the economy.
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For sure, you'll get sick eating it all day and all night. I know it's cheap, but we should consider it healthy. Talking about cheap meals, here in our country, you can eat one meal, like for lunch, for only $.40, and you can select a chicken foot with rice. It also depends on the seller if he includes a free juice or not. We call them street foods, and most of them are made for students and workers with tight budgets. You can see a lot in here, and they are delicious, but again, you can save if you cook more and eat healthy if you are the one who cooks.
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This crisis has forced many to start looking for an alternative way to save the money, and bitcoin is the best store of value at this point,
Just like what happened in Bitcoin last 2020. When WHO declares COVID-19 outbreak around the world. It made a big impact to our economy and most people thought Bitcoin affected by this. Instead, it's an opportunity to buy Bitcoin because the price went down to take liquidity before it went up higher. So if there's a crisis, we should take it as an advantage for Bitcoin. People thought that time that the price would drop due to the pandemic, which was wrong. Due to the pandemic, it has become more powerful as a lot of people are using it, and the adoption is also very massive because bitcoin was known when it hit its ATH, which is why a lot of people jump into it. It's because of the pandemic that people got known also for crypto, as they can earn profit on it by trading or investing because people can't get out, which is why they spend their time on learning. |
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If this isn't some extreme form of holding, I wonder what it is then. According to the Twitter handle of Bitcoin Archive, 412Bitcoin worth $9.6m was moved from an address that was dormant for 11years. That means the owner just bought and "forgot" it there. While for some of us who have been holding for the past 3 months, it's seems like a century.This is gentle nudge that if someone has done it then you can(that is, if this is your goal). How long do you think you can hold? Some people who hold for a very long time didn't do that om purpose. It could be that they forgot their keys or they forgot that had an investment and later recovered when the price is very high. While some knows they have investments and decided to hold it for a very long time and those are the extreme holders. I don't intend to hold for ever. I will sell when I need money or when there is a major all time high. Most of the holders are already tempted to sell bitcoin way back when it reached its ATH while its price was constantly dropping. If they still had the keys, but they forgot them and later discovered it after like 11 years, then that is the possibility they sold it immediately. Even myself in the past ATH, I am sure I am really tempted to sell it since I bought it cheaper which you will gain massive profit that time, but if you lost your private key, then you have no choice but to continue holding and hoping to recover it. |
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This is an interesting topic OP. You know children at their early stage of education are very fast and sharp in understanding things. At that age, they learn very fast and asbit is with technology, I know they will pick interest in it as they are always curious about technological innovation and are eager to learn about it. So therefore, teaching children about bitcoin is s plus and also a good thing to behold. It is just like you preparing them for the future ahead of them. This is the era of financial intelligence and it will prepare them early enough to gaining financial knowledge. Not only that, exposing them to technology helps a lot so they could be able to identify immediately technological innovation and discoveries.
Not all children are curious about this; some of them just want to play, so we should also select those children that are interested as well as identify their age because some can't yet understand what we are saying or what the purpose of this is. Though it is really best if we teach them as early as possible but let them also enjoy their childhood, let's not force them to learn this if they don't want it, as it is still useless if they don't understand the purpose of it. |
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This means the crypto community is very generous when it comes to this situation, as people there really need financial aid. I am hoping that they can quickly recover from this catastrophe. I remember before when a lot of people here in the community donated some crypto for the help to Ukraine, which they also accumulated huge amount and posted updates here about it. I am just shocked that they banned crypto in Turkey, but will they unban it after this? as they see how it greatly helps their country, or will they still continue to ban it?
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The more you chase your losses, the more you lose. I remember when I was new to gambling, I also read this strategy: if you lose, you need to double your bet until you get back your loss. Well, in my opinion, it will work because there is no way to lose 10 times in a row. So I've tried, and I experienced my first ever big loss. That idea was really dumb because all of my deposit money was lost on that game because if you go on a losing streak, then it's your end. Don't do it unless you have unlimited balance so that you can still bet even if your losing streak is 100x.
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~snip~
Video poker is not a real poker.
Martingale is a guaranteed winning strategy only under two small conditions: 1 - there are no bet limits, 2 - you have an unlimited amount of money.
So basically if the central banks started using Martingale then they would be able to win  Then I would say the casino owners will cry on this as they keep winning, so they ain't going to get any profit. I don't also agree on the Martingale strategy (well, it can slightly increase your winning percentage, but it's not guaranteed), since even if you have unlimited money and bet, if you sum up all of your losses and cross-check your winnings, it will be still a loss. If there is a 100% winning strategy in gambling, for sure, no casino owners will be building it if they are just giving away free money. |
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It seems to be no different from copy trading, this kind of style is the work of lazy people who want to make money doing nothing.
They just make the money work for them. That is the pros if you have enough money to spend, but yes, they are just lazy that they want to earn profit without doing anything, but again, not all, as others are just skillful that they do copy trading as they see potential in the trader as well as save time, but most of the newbies I know will do this just to skip learning trading, which is still risky because you are just basing your decision on the profile of the trader you want to copy and also because you are not in control of your money, so if you are losing, you just can't help it but only watch losing. |
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