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They have their own world, like in fiat, where the USD is the strongest and it is still not possible to change it as it is widely accepted in all countries. In crypto, bitcoin is also the strongest as it is transparent and decentralized, and we also use it as a payment method and send money easy and fast. It is just a bonus that we also use it as an investment as it has a high price. So for now, because there are still countries that have no internet or lack of technological structure, it is difficult for them to adapt to Bitcoin, which is why fiat is still the only solution and can't be exchanged with others.
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Side jobs are often refered to as menial jobs that give a steady source of income to individuals in other to be able to adapt a living affordability, it is well known that having a single source of income does not really solve the financial demands with most families since the needs are never ending and the demands for it in always increasing as well, we could see the impact of inflation and how it has affected many business economy with diverse challenges in today's market, one must take this as an opportunity to work and make an extra means of earnings to be able to meet up to the required standard and demanding needs arising within the household and the economy at large.
Well that's a fact that happens in our lives. ie some people even complain that their income from their main job is not able to meet their daily needs for a month after inflation occurs. so people start looking for side jobs to stabilize finances in the family. and fill in the gaps. even in the end there are people who have more income from side jobs. but the point is that during a global economic crisis like now we have to be good at seeing opportunities. and looking for a part-time job with flexible time, of course, is what most people are looking for right now. Luckily, we are now in the digital age. so that we can even find a side job via a smartphone. using social media and so on. We are really lucky right now compared to before because most of the side hustles right now are online, unlike before, when after you came home from your main job, you'd need to leave your home again to go to your side hustle. Right now you are just on your laptop or computer, and then you'll start earning. As long as you have skills, you can get easily hired part-time or flexibly. Though it is not easy to find it, that is why those who have those kinds of part-time jobs are so lucky, and they should keep them, as others, usually those who have families, are going to sell something after their job to have extra income. |
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That is true and that's why I never thought about raising my level within a certain time. I prefer just playing slots while enjoying "me time" rather than trying to catch up on leveling up. I can't imagine how much money I will spend trying to get to the next level. Playing slots game by relaxed like now, I can enjoy it more because I play just for fun and stop soon after stopping when I feel like I've played enough. But it's true. Slot games are very tempting to try again and again to see how lucky we are  well, from your statement I conclude that you only need to enjoy any game in this casino without having to think about increasing your rank level. so that when it's time to go up, it will definitely go up by itself. after all we gamble just for fun to entertain ourselves without thinking about something that will burden us like raising the account level. and if you often play slots, it is possible that someday your account will automatically increase. Yes, you are right. So far, I have enjoyed playing slot games and sometimes won some money, which was enough for me. Sometimes I often think why my level is taking so long to increase in rank but I don't bother because my goal in playing gambling is just to have fun. Instead of thinking about how to increase my rank level, I should play lots of slot games and try to enjoy every time I play gambling. That's enough for me, especially if I can win a lot of money If you just play for fun you won't notice that you got easily ranked because you enjoy playing those games also I think its boring that you are just playing those games because of the purpose you can earn points to make your rank higher. Enjoy every game you play as you chance to win money and also have fun as that game you are playing is for you to have fun. Though we have our own preference but mostly I will enjoy winning games and the prizes rather than getting higher ranks. |
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There is no point in beating a dead horse that is how when you feel there isn't enough income in your locality then move to a place where the wages are better not even too far just to the nearer city where you can have better salary but comes with more hard work then only you can bring the real change in your financial status.
It would be easy to say but difficult to do because if you move near a city, the expenses are also so high that it is just enough for you to survive, like paying rent because your home is far away and the food is more expensive than in your area. Though the opportunity in the city is endless, it would be great if you could cut your expenses like you have relatives to stay with or it is just really near your home. Then getting hired by those companies where you will start with a high salary is difficult; you still need more experience or time to render in a company before getting an increase. |
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Learn also the structure of HTML, just in case you need to scrape a website or automate something without an API. I haven't tried to make a bot to do trading, but I know that it uses an API to easily integrate with trading, and the programming language used is Python. If you have time, then learn it. There are crash courses online worth 10 weeks of training that can make you learn from basics to advanced, so it is best to start with the basics before making a bot, and it would also be easy for you as you already have a strategy. If your schedule is tight, I would recommend looking for a course that requires you to learn for two hours per day.
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Your greed caused you to lose everything. There is nothing wrong with gambling when you are bored or have nothing to do, as long as you do it for fun and set a limit on how much you will gamble so that you do not lose it all. When the greed kicks in, that is the time we should stop, but again, if we have already enjoyed it like you are winning, you can't think of stopping. Emotions are also a big factor in gambling because you get easily affected per game and will try to make up for your losses or win more if you win.
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I think so, success is determined by luck, not effort, the real proof that I see in life is that there are many rich and successful people who according to the rules he shouldn't be successful, I have a friend who didn't graduate at school, but after several years in the restaurant business now I have employees are around 30 people, and there are employees when schools often get top rankings.
I don't see any luck with your friend who did not graduate from school but owns a restaurant right now because he has done hard work to own that; he took the risk to establish those restaurants, and that is when luck struck him, like a lot of customers coming back to his restaurant as he cooks goods and also because they are pleasant. Comparing effort vs. luck is not the same; if you are just lazy and wait for luck, you'll end up with nothing, but if you put in an effort on anything, for sure, luck will follow. |
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The lowest point I've ever experienced in finance I have no assets whatsoever, and also unemployed, to eat is very difficult and I have to sell around friends' products from morning to night to survive even though I only earn about $ 5, when walking I have estimated reaching more than 20 km and no products have been sold yet.
That was hard, as you needed to walk around rain or shine and still not sell anything. But now I am sure you are very far from it, and you just make it a motivation not to go back and to work hard and earn money to buy our needs. My experience was that I just lost a job, and I have a family to feed and an infant, which we struggle with at that time. I've also gone to computer shops to apply as an attendant, which earns me $4 per day and 12 hours of work. It was very hard, but I said to myself that I wouldn't be back again on those days, which is why I am working very hard right now. |
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I am thinking of buying coins that are 15% or more down and then selling once they pump 10% and move onto the next one that is 15% down and then again sell at 10% profit and just keep repeating.
It's lucky that you trade like that, you always get profits under %15. But you need an edge to overcome the laws of probability and market uncertainty. That advantage comes from the flow of information, the ability to refine your habits in light of market characteristics, and being able to learn from people who know more than you, cut losses, expand your information network, seek ideas, and take recommendations. You can search for more Newbies are mostly victims to scams and desperate to know more, in the quest to get educated properly, they need guide in the market and following top influencers in the market that will be dropping crypto updates and letting them know when it's the right time to trade. Trading as a newbies required so many key steps before succeeding in the market. There are many ways to gain profits in the market, with the right trading tools, PDFs that explained entirely TA and FA, how to coach one to using them to analyze charts. Those newbies who got scammed are those newbies who want to earn profit easily and fast, not thinking that this could be the wrong move. There is nothing wrong with getting scammed; for sure, we will learn from our mistakes and avoid them next time, but our mindset is that we could get easy profit from it with no effort at all, which means that we settle on this and find it rewarding. Also, newbies right now tend to follow those influencers to buy the coin as they said, and it's because they are famous so we follow them and we end up losing. |
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I have seen many people just invest in Bitcoins to earn more and more profits. But they forget the fact that, in search of more profit, they make subsequent losses. They just wait for Bitcoins to reach more low price, but unfortunately, they miss the best price to buy and hence make losses at the later period of time. If you are able to buy Bitcoins at a price below 25k usd, then consider yourself lucky. Buy as many Bitcoins as you can and hodl it for some months. Then definitely you will see a profit.
No matter what the price is you can still buy bitcoin as long as money to purchase it. The more the best as you can gain more profit but always think of the risk also meaning are you okay lossing your money if something happen because we are always thinking about the profit and not the risk which make us blind and want to go all in but if something happen or the price drops a lot of them will be ranting and some will sell off it as they are scared. We should see both sides so that we can prepare on what will happen |
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That was great tips and i am already using it in our daily lives except for occasional beers to celebrate small wins. I've also noticed about the lottery since mostly I've known they are spending like a dollar a day to try their luck. I'm not sure if this is wrong, but I find it costing you big by the end of the week since you'll be spending 1 dollar per day until you win, but what if you don't win? You lose money, right? It just came to me as I checked our budget and found out we spend money on the lottery.
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He risks his $1.4M to win $11,200 if his team won.
In gambling, anything can happen, even if you think you have a 99% winning percentage, but there is still a 1% chance that you will lose, and that mostly happens to him. The risk is much bigger than winning, but for sure he thinks that it is a sure win, so he bets on it. In sports, comebacks are not rare right now, unlike before, so for sure his emotion when the opponent got the winning points can't be explained. The lesson here is that we should bet what we can afford to lose. I am hoping that he is okay with losing such a huge sum of money. |
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You should not tell them, let them discover what price they need to buy, you are already teaching them for 6 weeks, right? Then that is their exam to determine if it is a good buy or not (but it is always a good buy as long as you have money). You should not decide if they need to buy now, just give them ideas like showing them what is your opinion about the price then let them decide or find their analysis and decide. Just don't forget to also guide them as I am sure if they already holding bitcoin they will keep watching their wallet from time to time and if the price drops they tend to get emotional and sell off
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My first impression about this is that she transferred the money to her personal account, which is very transparent and easy to track. What I mean is that something triggered her to use that money, which was her addiction to the lottery or gambling. Imagine she just transferred it to her personal account and then bet a huge amount, so her purpose really is to use it for the lottery and not on other things. For sure, she is addicted, has lost her money, and is trying to get back her losses. She wins, but again, she loses.
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Just basic indicators like MACD, RSI, MA, EMA, and Trendline are the most commonly used tools or indicators; I'm not sure of others, but the data of backtesting is also needed if you want to test your strategy, but it is already available. I'm not sure what other people use, but that's what I use, along with planning things out, such as keeping notes on how to execute a trade and what the confirmations are. Those traders also have some sort of calculator to calculate the probability of winning, and I am sure they are really smart guys.
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Some people are rich, because they inherited their wealth or their previous generation opened doors for them to be successful. I know of several examples where people with money, used their money to get their children into top educational institutions. So, it turn out that it is all about what you have and who you are linked to... and not simply what you achieved. A perfect example is a son of one of my friends.... he was the top achiever in his school... he then applied to study for a doctor .... and he was denied.. but one of his friends with a doctor as a father, with average achievements.. were accepted.   This is why it's completely useless to mimic what the rich are doing. You also have to have a certain amount of luck in order to be successful. You might be doing what the rich guys are doing, and you're mimicking them a 100%, but without the opportunities and connections that the rich have, you will only work harder and achieve above-average results with little to no change in terms of progress in your career or business. Following their ways may help one way or another in enriching some aspects of your life. But making you rich? That's highly improbable if you don't have luck. People just expect to much if they just follow what those rich people say thru their words of wisdom they could follow their success, but they forget about the struggle what those people encounter also for sure they can't mimic those rich people counter action about those challenges since not everyone have the same level of patience and courage to continue. Following their ways is really helpful its just they need consistency on what they are doing since if they are good at start and leave everything because they find it difficult then all of it is useless. Just using their success as a motivation or guide you in the right path doesn't mean that you will follow every step they take as we do have our path also. What I mean is that how do they strategize and think of a solution to the specific problem, some sort of decision making because some of us are poor on this that is why we have gone through a lot of failures, and also use them as motivation if we are already low and start to quit. Hard work can attract luck that is why they say luck is the big factor but if you are lazy how can you attract luck? How would you become rich if you are lazy right? Luck has a factor to be rich but being hardworking and willing to take risks is the best formula for it |
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The story is incomplete; for example, what happens if you have already purchased bitcoin? Is he getting the wallet? Or would it be left to you? What are the plans for it after buying it? Also, is his purpose to earn profit, or does he want to use it to transact online or pay something? If the goal is for him to profit, you should say no or any of the above instead of teaching him how to buy bitcoin and send and receive from it, give him links to read or watch. Lastly, you should say, "Don't trust me, as I might get that bitcoin," so he doesn't insist on doing it on your own.
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Time, financial freedom is easy for those who started early and accumulated assets over the course of their lives, but most of us start dealing with money as soon as they get a job, then the responsibility will be great and the return will be very low.
If you start at an early age, for example 14 years old, then by the age of three, you will have come most of the way to financial freedom, unlike if you started at 24 years old.
There are those that started early by all means possible to accumulate right from their very early age but never made it half way to attaining financial freedom. Not because they didn't start well but maybe because they never had a strong already established background, connections as a pull to support their strive to financial freedom. So most times, it's necessarily not about starting early, as some persons grew up from an already established background (wealthy family) so accumulating won't be a problem when the zeal is there unlike those of us that came out of backgrounds where we had to start from the scratch, how then can such persons be able to accumulate from early stage of life at 14, when even starting at 24 the needed resources to start may not be readily available. I think I over work and give my work and my profession and people around me importance more than they deserve. I trust very easily and I get a good betrayal at the end. There is nothing wrong to treat your work/family seriously but remember you have to draw a bottom line. If anybody tries to take advantage of you in whatever reason, please cut them off immediately. If not, an endless horrible life is what you'll get. I believed in good heart and being kind to all the people around me but this ideal does not work in real life. We have to know when to be an asshole in order to survive. Winners always take it all and losers get nothing. Cutting people off needs courage, and some people do not have it, but it is necessary because you'll end up dragging them down or you'll get affected emotionally, which is very difficult as it could affect your life. Being helpful is best only to those who deserve it, not to those who are already exploiting you; the only solution is to talk to them and make them understand that they have crossed the line, or to cut them directly, but expect a lot of bash. |
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Bitcoin's a good store of value, But I don't think relying on it for your child's future is a good thing, although it could be argued. Personally, I'd invest it into something else with passive guaranteed growth instead of bitcoin's which is cyclical in nature. Or perhaps make use of both bitcoin and a trust fund at the same time. That way I can gusrantee and maximize growth of my son's money through bitcoin's volatile upshoot in prices every now and then, and make sure the money stays valuable especially when I pass away.
That is why others are divesting their investments to lessen the risk. It doesn't mean that you'll go all into bitcoin and invest money that you have as it is for the future of your child, but you also need to open a bank account to deposit some money or invest in insurance for your child. The point of bitcoin is that you can gain profit from it in a few years, and if you need money at that time, you can sell it and also put it somewhere else so that your child can also benefit from it. |
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Your successes over the past five years: How well have you managed to increase the balance on your account during this time? Or have you lost everything? Tell me your story.
It's not just cryptocurrency that unites us all. We all became different after we learned about her, and went deeper into her knowledge. And now, even if someone is not very lucky to increase their deposit, then you probably have accumulated experience, and you can share it.
I admit the Crypto space has taken a lot of my time since I joined it in 2016, and that affected the other sides of my life, but I can't be regretful, simply because Crypto has given a great boost to my financial status. I can just tell you that I hold Bitcoin since it was below $1000, Ether below $50. In addition, I bought and sold many of the other assets. Despite the financial benefits, this space gave me a lot of life-changing lessons, whereas I tried the feelings of losing a lot of money, earning a lot, getting scammed, and knowing who to trust. People who were here at the end of 2017 know what I'm talking about. However, I think I need to learn more as this domain is in continuous development. There would really be sacrifices but i cant say it would be that a sacrifice considering that you are doing on whats for the best and you do know that you could potentially able to make money and this is why it is really just normal that you would really be that going into that path if you do really want to have that kind of situation which you would wish for.For those people who had been hovering around crypto for how many years and did still stay up even upto this moment which does mean that they do see some progress in related into their financial status which is something that would really be targeting in the first place. Its still not too late for those people who had just recently kicked in or do make out involvement into cryptospace on which there's still time for such making money or some profitable opportunity. I got into the crypto space in 2016 and I can say it has helped me a lot, but not as much as others who can make a lot of money. I took a break for a few years and then returned. My point is that if we haven't jumped into the crypto space way back five years ago, we are still starting from scratch right now, and it will take us another five years to gain the knowledge that we possess now. No matter how small or big our knowledge is, it is still of huge benefit to us as it opens an opportunity to earn profit. |
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