Having said that, in countries where labor is abused and people work almost throughout the day, a physical side job or second job might be difficult to do, you would prolly not have the time to combine jobs, but if it is in countries where you work per hour and you're paid something worthwhile, then you can consider doing multiple jobs. In my country, most of our side hustles have to be done online because your main job drains everything out of you and literally takes up all of the day, thus if you must seek an alternative income, it has to be online.
It is only exhausting at first but you can get along with it later on. I do have a main job right now which is exhausting to the point that you'll arrive at your house and you need to sleep a couple of hours then wake up to eat but when I saw that my salary is not enough (I want to shift of work or career but I can't since it is too risky and I have a family to feed) I started to find a side hustle on which at first I thought I cant make it but again with determination you can get through to it and used to it later on. Though I need to sacrifice my rest and sleep it is okay as long as I've given the needs of my family |
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Buy and set aside your emotion! It would be easy to say but difficult to do as we all have these kinds of emotions, we tend to panic sell and we are greedy. Most of our decision when it comes to holding is that our emotions, we hold but later a few weeks we saw that the bitcoin keeps dropping we tend to sell it in loss but if we set aside our emotion if we hold it whether the price drops keep it for a couple of years then for sure there is a profit that is why other holder controls their emotions, others are not checking the price and other forget it so that they won't trigger their emotions
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Very often people lose money and makes mistakes because they are hurry and do not check everything. When they see when other people earn money they want to earn more but they make more mistakes. But now despite the fall of the market there are opportunities if to find them and check everything like this https://twitter.com/thecoinplay/status/1600397696098963457Now many people are waiting for the restore of the market. A lot of people lost money on the fall or the market and now all of them waiting when economic situation in the world will change. Today Bitcoin rose for more then 10% but the question is how long will be such rise because the economic situation in the world does not change. First-world countries are now catering for inflation and economic depression right now, we saw lowering inflation in those countries which is why bitcoin rose at that time but I saw expert speculation that there is resistance at 21K so possible it will be down until it breaks its resistance. Though for sure this year would be good for bitcoin as the economy is getting better and for sure next is the best since it's halving let's hope the price will rise and break its previous ATH. |
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Before I tend to panic when the price is dropping like if I am losing 10 - 20% I cant sleep and thinking of negative thoughts, that is my first time holding bitcoin. There are times I sold it but then I regret it. Right now I tend to have neutral feelings but I don't do checking the prices of bitcoin on a daily basis as this can trigger my emotions I tend to see it on weekly basis and also I keep in my mind that I need to buy more if the price is dropping
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Honestly if you are looking for any side hustle you need to learn something online. Gone are the day when you would learn plumbering, building assistance or any other low jobs, the internet offers more than any one can ask for and you can be your own boss.
In my country we actually have low employment rate because the government has chosen not to create any employment avenue but through the internet many youth has been able to find something to do.
Online jobs are extremely difficult to get, especially the high paying ones. When a signature campaign opens up on Bitcointalk forum look how many people apply within a few hours of only 1 spot. Its usually 100 people, applying for 1Â spot. Its very difficult to get high pay work. You are competing against tons and tons of people because unlike an on the spot employment, people can have multiple online jobs at once, hence why its difficult. If there are any high paying online jobs which pay at least min wage of any modern country, let me know. Whether online or in the physical job it is really difficult because of the competition of applicants because of the pandemic, a lot of graduates, and people who lost their job finding another job on which the competitions now in finding job is very difficult, whether online or on those job fairs but the key on this is patience and have that skill that you will be outstanding on everyone else so that the employer can see you and hire you. I am working remotely right now I would say before I got into this job a lot of applicants went thru, it is just my skills are the key that I am able to get in. |
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Gamblers should stop and avoid looking for excuses to the failures for their winnings, there are no barriers be it small or big that can hinders a gambler from winning an online game henplayed, the ideology is simple, if you're good at doing it (gambling) there's high probabilities for you to win and if you jad problems with compliance to understand the ways it's been played, you may less have opportunities to win, location barrier should be in favour of those that are into offline gambling or casino house gamblings and not the online one.
Exactly. This is just it, no way around why people would think it's the house messing up with them and coveting their "well-deserved" wins from them. They make excuses for themselves and puts the blame on other people instead of taking accountability and owning up to their losses. Rookie mistake. Rule of thumb, if you gamble, don't gamble to win unless you're scarface or something. Gamble to have fun. Because gambling for profits will just disappoint you ten times over and may leave you addicted to getting that "one last clincher bet that will breakeven my losses" Gambling for fun will give us a pleasant feeling that doesn't think about how we can win from that gambling game. We have to realize that when we lose, it's because we're unlucky and not because the casino is preventing us from winning, let alone changing its algorithm to prevent players from getting big wins. And if we don't want to get disappointed from losing gambling, we should gamble with the money we can afford so that if we lose, we will accept the defeat and can leave the casino without feeling disappointed. And don't say one last bet by placing an all-in bet because that won't give you good results either. We can still believe that we are losing because of the algorithm, but this is only applicable to those online casinos that are not fair and can be easily predicted, but for the current status of the casino, they are not doing it, and I haven't read any information about it, so we simply lose because we are unlucky. That is why we don't always blame casinos for our losses; we just play to be entertained as loses are really part if we gamble |
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Buying and holding any currency for a long time is really a matter of patience. Those who have exemplified patience by investing in crypto-currencies have largely profited by holding onto cryptocurrencies.But holding is the safest Because if a coin suffers a temporary loss after purchase, but later it is seen that the price of that coin has increased as a result of holding for a long time. So I think buying and holding any coin is best.
I am also a holder, so I will agree with you that holding is a better solution than short term trading. But I want to tell you that not holding any coin can be profitable. If the coin you hold is not bitcoin but altcoin, then I'm not sure holding will be profitable for you. Altcoins are very risky, many altcoins will die or never recover when we hold them for long. So long-term holding is good, but more important is which coin to hold. My long term investment recommendation is only bitcoin, say no altcoins. Pick those top altcoins if you are really want to hold altcoins but if not then the bitcoins is the top choice. I prefer bitcoin for long term holding and i think most of us , only few of my friends holds altcoins such as ETH but they also have bitcoin since ETH is also promising but again no one I've every known that has his/her investment are in altcoins. Bitcoin has been proven that in the long run you'll get profit that is why most of us wants to hold , the problem with holding is if you cant control your emotion then it will result to selling it at low price |
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When I stay away from online casinos 1) Family/relationship or personal challengeSince we are all human, we face difficulties in life. On days like these, when I feel burdened by my family, my relationships, or a personal difficulty, I avoid playing at online casinos. I do not turn to online casinos as a coping strategy; instead, I address it head-on. This really depends on the individual, because some of us will go to the casino to express our sadness or to have fun and forget about our problems. It is like when we have problems, some of us will drink beer or alcoholic drinks so that we can easily sleep and also forget about it. Though I haven't tried going to a casino in these instances, for sure if I face this kind of problem I will try to play a couple of gambling games. If I can't feel my gameplay, then I should leave and try to find happiness in something else. |
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It was their strategy to lock in the sell option in order to prevent dumps, but it can also result in massive losses for investors. It was really different before  that is the main reason I don't now invest in alts, mostly on those new projects, as I am always thinking they will die after a couple of months, and it is very risky. I still trade alts, but only the top coins because they are far safer than the new ones because profit is easy because the price is low and you can buy in bulk.
Alts projects were good back in the day, because they were trying to build a new thing which will help the people, and their use cases were good. And nowadays, all I see is scammers are creating new projects in order to scam people or just people who are creating something similar to what already exists. And also they claim that they are better than those existing ones. In the end, lack of creativity, copying and all those other stuffs leads t o their downfall. All that which have survived in the past are still leading the alt market. But I still doubt them as they are totally centralized. But it's up to people if or if not they want to use their money to invest in alts. I'm sure they will avoid the altcoins once they realize how much risk they carry. When those investors are already aware of or get scammed on those new projects, they tend not to invest anymore unless they see the most promising one, which is very rare right now. I was also investing in ICOs before, but when I saw there were a lot of shitcoins coming out, I quit. Furthermore, many new coins are now being copied by others, and some were simply created for fun or as a meme. I just recall that those coins before had very promising roadmaps and white papers, but right now some new coins with their white papers are garbage. |
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Yes Very realistic difference. The poor and middle class work for money, while the rich tell their money to work for them.
actually investing does not have to be rich and poor, the most important thing is that the financial mindset must be changed. Fear of making mistakes means you are not ready to know the truth.
Usually people who are still afraid of mistakes will not do much to change themselves for the better because they always think about mistakes. Even though if only he wanted to try to do something without thinking about mistakes, in the end he would also be very good because he already knows which is the truth so he can sort it out so he doesn't make a mistake. People prefer consumption over investment, because to show off their lifestyle on social media, people like this never think long term.
And people who prefer to spend their money in life without remembering to make an investment actually don't matter as long as that person is already rich and has made money work for him as you say. But if he is still in a poor condition, it is better if he is willing to struggle through his maximum efforts, including through investments that can benefit him in the future. once I read - rich people wear one colour of clothing all the time. And the reason is they don't want to waste time deciding what to wear. and they spend time making the real decisions. People like us - spend so much time in dressing and stuff. And it takes so much of our time! Rich mindset Not people, as rich people tend to have different lifestyles, and some of them want to flex everything. On the other hand, some people like us want to spend a lot of time finding the best outfit for them because they want to flex and want others to see that our outfits are good. It is time consuming, but some of us do not treat time as gold, and I am one of them; I can't blame myself because I have nothing to think about, whereas those with rich mindsets do, such as their businesses and how they will improve them; they also wear the same color shirt to avoid being late to meetings. The poor mindset is when we settle for less even when we can have more because we are simply lazy. |
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The worst-case scenario, for example, if your data is leaked, is that someone will impersonate you or use your identity to scam others, and the scammer will use tricks to gain access to your bank accounts without your knowledge; this type of scenario is extremely unlikely but could occur. However, as long as you sign up with legitimate and long-running casinos with positive feedback, your data will be safe; there are also casinos that do not require KYC, but I believe there are only a few of them.
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Bitcoin is decentralized and no one can control it. When a large number of bitcoin holders in the market make some money flows, the price may be affected, but not controlled.
Maybe bitcoin won't be controlled, but its price could be, looking at the market cap, it's just $1 trillion, and I would say this is a minimal number for the financial markets. So its being manipulated is certain. It's all a game, where people take money from each other and forget about technology or decentralization, it only makes you lose more with illusions. Market can be manipulated by big whales and I believe that. Bitcoin is a decentralized crypto but its price is influencing regularly. Many people are losing money here who don't know the basics about crypto strategies. But it is not possible as a single person and I think most of the whales work together for their personal benefits. It is not possible if only one person can manipulate or influence the price, for sure it is an organization, but again, those whales (if true) are good guys as they don't manipulate the price, meaning they have so much bitcoin that they can influence the price but they aren't doing it. In contrast to altcoins, once you have a large portion of it, which we can easily obtain on presale, or if it is new, the price will drop when you begin selling your coins. |
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This is a tough question since when the pandemic hits business and also your employment is in the verges to be ended. Having savings is the answer to those unfavourable circumstances because whether your business is booming your salary is big but when Covid hits when you lose your job you will not be getting money on it same with the business but if you have savings that will last you for few more years then for sure you are still stable but having a business are you can save a lot after all the efforts you've done and your business will start to self sustain since the profit on it is huge unlike in job that it takes few years to have a small increase.
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First thing first, this is what I did.
I learn trading myself, using articles and videos from trading sites. It was fun for me because I like to learn if it is about what could earn me money.
This was what I did first when started trading cryptocurrencies. And this led me to start trading without enough knowledge because I was eager to start as soon as possible by only reading or learning myself in quick times. this was so a bad starter so I failed easily and quickly only by trading several times, only taking profits very few at that time. Sometimes in the beginning of trading it is always like this people tend to lose money excessively , but I think the reason for the lose is to understand and learn trading very well. Without this loses in the beginning we may not have learned what we are supposed to know in trading, the loses developes traders ahead for the future. I see this as a normal thing for all beginners, when it is bad is to keep on allowing the losses to take place. Lose should be a reason why beginners must learn very well. Losses are natural in trading, mostly for newbies, because this is a test to see if they can overcome them and learn from them. Losses, as most others have stated, are your best teacher in trading, as they teach you valuable lessons. Though we should also control our losses to the point that we don't burn through our account, When I first started, I had a lot of losses, whether they were demo or live, but the important thing is that with each loss, I adjusted my strategy based on what I learned. |
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If the government wants to get involved then they have to increase the wages and the needs of the workers for a decent standard of living, but each job has a different salary and they have a life according to their income, even though there are regulations determining the minimum wage but it will not be enough to rent a place because their salary is not enough for that and does not include other main needs that must be prioritized. But some countries for a minimum wage of $250 per month is enough for a year's rent, decent housing and not far from urban areas.
It seems too cheap to be able to rent decent housing for a year close to the city with an income of $250 per month. I haven't even imagined that such a large amount of income can be used to rent housing or a place to live close to urban areas. Because when someone is in their new home, all the expenses for their living needs will be very large and they even need to find additional income so that they can be very comfortable to continue renting and also save to buy a complete house. $250 per month is already huge in a third world country, whereas here in our place it is only $200, but still they can afford to rent a house or an apartment, but again, it is not enough. They need to spend their expenses only on those needs, and they need to do side jobs as a form of another source of income since it is not enough. Also, it is difficult to save money in this kind of situation to buy a house; you really need to take a loan, but again, you'll be struggling to pay it back. The solution is really having another source of income. look for more options of earning some money thru side jobs. don't be picky, as long as you're earning and adding to your monthly income, why not? we have different cost of living as we live in different parts of the world. some countries are expensive and yet some are cheap. if you happen to live in a country where everything is cheap, why not save some of your extra and invest it, right? it all depends on our disposition in life how we can improve our way of living, no matter where you are on this planet. If you live in a country where food prices are low, your salary is likely to be low as well, so it is still expensive. Also, before the pandemic, I've noticed that when people are looking for a job or side job, they are extremely picky, primarily because of the salary they receive; however, after the pandemic, they are now getting all the side jobs simply to add their source of income because everything is so expensive. Saving money becomes increasingly difficult as prices rise while wages remain stagnant. Conditions like that are definitely not easy because the demands or necessities of life can be said to be high but wages don't go up, that is why it is important to have other sources of income and not just depend on one source, In addition, global economic conditions also make the price of basic commodities rise. We really need to adapt because relying on the government to raise our salaries will take a long time and we will be very stressed about it. That is why others will do any side hustles even if they are only earning low because it is another source of income and without it, your life will be more difficult. Also, prices continue to rise every month or year, which is a clear indication that we need to find another source of income to catch up and able to buy our needs and wants. |
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I like to keep my money for future use. As a saving or as an investment plan. I am not into altcoins anymore as they are centralized shitcoin. Price movements could be predicted through BTC's movements, but I doubt if their full intention was to pump and dump.
Altcoin's price is not determined by trading volume, but who is controlling and willing to put what amount of money in there. And you have always the chance of getting scammed by whales.
BTC it is for me, no matter who says what.
Altcoins are shits, I've got some but that some from over the years and that some have thought thought some bitter lessons that, I tend to hook up with only bitcoin that I've known best. You still can't accurately predict its price action but, you get to understand the benefits that might come from hodling. Speaking of if there plans are to pump and dump? The backbones to any project remains in the team. If a project is to succeed, it is the team and if it is to fail, it as well remains with the team. There schemes determines if investors are going to sell most or all of there hodlings off with one bearish move or hodl till it greens again. Perhaps not there plan but, they just might not have done enough to keep it alive either. This is the fact that many doesn't yet understand. People are still trading buying alts and also making good profits, but to what limit? There's also the thing remains surrounding new projects. Investors are getting all the benefits selling at high and dumping the price and only then they unlock buyer's sell option. And you can't even sell at your buying price. This is just one of many ways that alt coin market works. This will become a full page post if i keep talking about that. So I will just stop here. It was their strategy to lock in the sell option in order to prevent dumps, but it can also result in massive losses for investors. It was really different before  that is the main reason I don't now invest in alts, mostly on those new projects, as I am always thinking they will die after a couple of months, and it is very risky. I still trade alts, but only the top coins because they are far safer than the new ones because profit is easy because the price is low and you can buy in bulk. |
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The results of ChatGPT are sometimes not relevant since I used this in my job (automation scripts) it sends outdated data sometimes the response was out of topic and more on generalization so I conclude that we should not rely on it 100% but it is helpful so predicting outcomes in gambling or on sports betting I rather want to get the opinions of sports bettor than the AI since they have more experience and they can able to predict the next move unlike AI that is using only data and sometimes irrelevant.
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Bitcoin has always stands out amongst other cryptocurrencies and its effect on the rest can be greatly seen from charts over the years. It is the father of all other cryptocurrencies, it rises and falls just like any other coin, but they follow suit with it when it does.
The potential of bitcoin to rise again after it falls is very much achievable but not all other altcoins that falls will always have the potential to beat back its all time high. Buy bitcoin, invest in bitcoin and keep for a long term, you’ll enjoy your savings of bitcoin soon in few years to come as we’ll be experiencing another bull run as speculated by many.
Bitcoin is core of crypto currency, many come and go by showing potential but only a small amount of them are standing strong now. But they will always follow the steps of bitcoin. Bitcoin has the strongest community compared to other altcoins, which is why bitcoin always raise after collapse, while every bearish market saw fall of several altcoins. Other traders and holders are transitioning to bitcoin as it is way safer, but again, in altcoins, if you find a promising one, you can earn a huge profit, but this is a really rare case, unlike before, when most of the new coins that are coming out are all promising and have great value. Most of those top altcoins will be coming back when the price of bitcoin pumps since it is basing from the economy and also bitcoins price, but others will die. |
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Players cannot bet on their own games, but I'm sure their manager, coach, or someone else they know bets for that fighter because it's extra money if you win the fight, but I haven't seen or read anything about it because it's prohibited, so I'm sure they're doing it in secret. Also regarding having lost in their own game, it is sort of called "fixed games," about which we can see a lot of speculation but nothing that has proven it. This is really about money; they don't care about the game or the sports; they just want to win the teams they want because the money that was bet on it was very huge, so they will manipulate the game.
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Of recent, I've come across alot of people talking about traders chasing their losses which at the end, leads to possible blowing of accounts.
I understand that people trade with expections and most times when this expectations aren't met, they try as much as possible to chase after their losses and my questions are
~ what is your take on revenge trading?
~ Do you think people intentionally go into revenge trading or is is just emotional?
~ what will you advise someone making series of losses ?
Revenge trading is the worst thing that you can do to yourself and your account as well. Trading is a test of your emotional intelligence and patience. Things like revenge trading will only make you do hasty decision making nothing other than that. Which will give you even more losses and you'll become even more hungry for revenge and go into even more loss this cycle would continue until you blow your account. Iam a victim of revenge trading unfortunately it had done more harm to my account than good, after some losing streaks I do embark on revenge trading due to emotion which I think it isn't intentional while deviating from my main trading strategy in most cases I blew up my account and have to start afresh, I believe this often common among newbies In a bid to recover losses swiftly ended up losing more money,though I always trade with the amount of money I can afford to lose, obviously to be successful in trading one has be well disciplined to overcome any form of emotion and also avoid changing trading strategy. It was intentional for sure since you are aware of it; it is just that you can't control your emotions about it, meaning that even though you are aware, you still want to chase up your losses. It is really part of the newbie experience; I also experience this, but because of this, we learned a lesson to not be greedy and not be emotional. When I get hot in trading, I walk away from my computer like I'm riding a motorcycle for 10 minutes to get some fresh air, and then I'm back in my mind. If you are feeling emotional, it is best to rest before continuing with the trade. |
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