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261  Other / Beginners & Help / Re: [Merit] Share your best posts/threads with Fillippone to be merit assessed on: November 29, 2023, 02:47:41 AM
Round:5

Re: Is it the right time to invest in Bitcoin?
Category: Opinion and Answer
Section: Bitcoin Discussion

Re: New business idea.
Category: Good reply
Section: Economics

Re: Buying at 35k?
Category: Good Reply / Opinion
Section: Speculation

Re: Are You Sticking to Your Plan or Has Life Made You Pause or Modify It?
Category: Opinion and Answer
Section:  Economics

Re: Inflation overpowers the value of money
Category: Good Reply / Opinion
Section: Economics
262  Economy / Trading Discussion / Re: Trade only Bitcoin on: November 28, 2023, 03:41:49 PM
who's want to trade without risk only they should invest in btc, it must be for a very long term.
nope, i didn't trade only btc because it's for long term, i am trading with so many altcoins, because i need to profit in short term,
regular traders can't trade in btc because it's not pump in every day, they targeted such coins those will be possibility increase in a day or a few days.
When trading, there will certainly be risks and there is no trade without risk, so it is important for us to understand it well so that we can avoid the risk of losses that we might incur if we make mistakes in the trades we make.
I agree with your opinion, it would be better for us to use BTC to make long-term investments to make a profit and trade using altcoins which have good potential to make a profit.
263  Economy / Trading Discussion / Re: Should trading be for the rich? on: November 28, 2023, 03:24:31 PM
Trading should be for those that have money. That means that it's for those that can afford to trade and knows that it can either be a lose or a win.

It is a reality that you can't trade without money but not all poor people don't have money. It's either they classify themselves as poor because nothing is left with them after obligations paid.
If someone wants to trade, of course they must have capital to be able to trade and they must also understand the risk of loss that will occur in trading if they cannot trade well.
Yes, you are right, if we don't have the money to be able to trade of course we won't be able to do it and it would be better for us to be able to meet our own needs first rather than trade and not have any money left to meet the needs we need.
264  Economy / Economics / Re: My economic plan over the decades and our future on: November 28, 2023, 02:54:43 PM
I won't be against you because this is your plans for financial freedom. Bitcoin definitely will change the life of few who invest wisely in it. Some persons might be unlucky, while some will fomo and sell which will hinder their prosperity. This is for those who rely on Bitcoin to make them rich, only them will have this encounter.

However, I don't rely on Bitcoin for financial freedom. My aim is to accumulate as much I could while I still can from my current income. The plan is to store my value in Bitcoin instead of fiat and at the same time investing in it so that I'll have a good portion if not a whole perhaps some good fraction of it for years.
Everyone has their own perspective in investing in Bitcoin, there are those who want to achieve financial freedom by having lots of Bitcoin so that they can own anything and get lots of profits from the investment and trading they do using Bitcoin.
Choosing to invest using Bitcoin is a good choice to maintain value, but we have to really do it well and we have to be able to hold on until we can get a profit from the investment we make.
265  Economy / Economics / Re: Insurance is important on: November 28, 2023, 02:10:07 PM
Is only a rich and well to do individuals that can think about insurance, not being skeptical, I know that insurance is good because it make covers risk management, no one knows when unwanted incident will take place that's why people insure so many things, but before taking this step you as the person has to consider things, in some country where laws are been made but not enacted or kept insurance company does anything they like with your money even though you go to court you wont still win them because most of the insurance company major share hold are top politicians so how do we go about this.
You are right, those who already have sufficient wealth will certainly think about having insurance in the field they want, because they are aware of the risks they face and don't know when this will happen to them so they choose to insure against it.
We must be able to choose an insurance company that can guarantee ourselves because we have paid it, don't let it be after we have paid the insurance and when we claim the insurance it is very difficult for us to get it, of course this will be detrimental to ourselves.
266  Bitcoin / Bitcoin Discussion / Re: Bitcoin is not a get rich quick scheme. on: November 28, 2023, 01:28:38 PM
What is your thought on this.
The first information they get about Bitcoin will greatly influence their thinking about Bitcoin. If the information they get is that they can get rich with Bitcoin, of course, they will hope to get it quickly, but if the information they get is about Bitcoin technology and the future of Bitcoin, then of course that is what they hope for will be a variety of not only profits from price increases but other potential that can be obtained, that's why someone who wants to tell his colleagues about Bitcoin must convey the truth, not only the profits obtained but also the very agile price and the importance of security in storing it.
Yes you are right, this will really depend on how people introduce Bitcoin to them and how they respond to it, if they hear that by having Bitcoin we will get rich quickly of course they will collect it and hope they can easily become rich and they don't ask about how where to get rich and what if there is a loss in the process of collecting Bitcoin, so it would be better when we introduce Bitcoin to other people, we tell them about the advantages and also the losses they will get when they fail in the process they are doing so that other people don't who try it in the hope of getting rich but they can't achieve it and also the losses they get.
267  Bitcoin / Bitcoin Discussion / Re: What can happen next time due to a lack of proper knowledge about Bitcoin? on: November 27, 2023, 03:39:16 PM
Sometimes wanting to introduce bitcoin, systems, concepts to lay people is still difficult and they almost don't believe the concept after it is explained. I told my friends the same age as my parents, that they believed from the start that they only knew fiat money. only young people believe because the version of the modern world has changed. Until now, young people in my area can get to know bitcoin and crypto
It takes patience in teaching about Bitcoin to people who don't understand anything about Bitcoin, because if in our delivery we don't make them interested, of course they won't listen or even respond to what we have explained to them, but if we introduce it to those who do have The desire to know about Bitcoin will certainly be easier for us to convey it, so it will be better for us to convey it to those who don't respond well to what we have conveyed.

We don't need to explain in detail because they won't want to learn about this. and for those who want to learn it, we can teach it and guide them until they really understand Bitcoin well.
268  Bitcoin / Bitcoin Discussion / Re: I recently convinced my employer to start paying me in BTC, it has been great on: November 27, 2023, 01:44:29 PM
It would be better if our salary was to invest in Bitcoin, especially during a bearish season like now, of course it would be more profitable to be paid in Bitcoin. However, currently most people still rely on salaries to meet their living needs, and most people still use fiat for transactions, so I think for the situation and conditions in my country, maybe a fiat salary is still feasible, and if there is any left over we can still invest it in Bitcoin easily
If we can get payment from the income we get through Bitcoin, of course it will be easier for us if we want to save it and take it only for the needs we really need and we can use the rest as an investment. If we can do this well, of course we will be able to get profits from the investments we make, but it depends on us whether we will be able to restrain ourselves from taking all the income we have earned or not.
269  Economy / Trading Discussion / Re: What you need to know about trading on: November 27, 2023, 05:15:46 AM
simply know that emotion influenced trading and decision making will lead to a loss. moreover, the market might not behave like described in text book technical analysis there's so much thing actually that you need to know to succeed in trading, there's reason why many people out there are deiciding to retire from trading because they think they're not good enough and trading in itself is mentally exhausting.
basically you need to go against the people that have big capital, also those that posses the coin at large amount which are ready to dump whenever they like.
you need to contend against those and make your own feat by buying low selling high, therefore even though trading was being pictured as easy if youse those influencers its actually really hard.
Yes, it is true that it is important for us to be able to control our emotions when trading because what we do is money from our income and if we don't do it carefully, it will be very easy to lose the money we have in the trading we do and it is also very difficult to can trade if we do not have a good understanding and control of emotions when trading.

For those who have large capital, they can easily collect more coins that they want and of course they already know well about the coins they choose, for me it is very difficult to trade, we have to really understand it well and also have to do it all the time. monitor market price movements.
270  Bitcoin / Bitcoin Discussion / Re: Do not share your bitcoin holdings with everyone on: November 24, 2023, 03:59:00 AM
No doubt, it's smart to keep the lid on things when it comes to blabbing how much BTC you've scraped together.  Like you said, better not to gab with peeps who might stab you in the back or have their own shifty agendas, know what I mean?

Plus aside from dodging hacks or heists, flying under the radar also keeps the spotlight off you.  No reason to wave around what you've accumulated and risk sticking out like a sore thumb, attracting shady characters or other headaches.
Yes, I understand what you mean, we don't have to talk to other people about how much BTC we have accumulated, because this will be a threat to ourselves and also our personal security, we will not know people who have evil intentions after knowing that We save a lot of BTC, so it would be better for us not to tell anyone about this, except for people we really trust.
271  Economy / Economics / Re: Cracking the Code of Saving Money... on: November 24, 2023, 03:37:43 AM
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   Saving is good as it helps in times when there's nowhere else to turn back to for finance or in times where unforseen circumstances arise. It's very much essential to make saving a part of our financial plans. Although some may find it difficult to start it due to their income level and it'll cause them to many times be stranded financially. They have to look for measures possible to broaden their income and acquire more wealth so they'll have the leisure to make savings.
   Now it's one thing to have money, it's one thing to save and it's one thing to keep up with saving. The decision to save means giving up a lot of comfortable living and sacrificing our satisfaction. Every proper financial oriented person will see saving as very much important and they'll be propelled to ensuring that they see through the period of saving diligently. We need to task ourselves to ensuring that we avoid every form of craving and satisfactory lifestyle that may come in our imagination to cause us to deviate from our saving goals. Set good and attainable financial goals, make proper budgets and first on the budget should always be the savings quota before every other expense. Rainy days will definitely come and we'd be so glad when our savings help us in those times.
It is important for everyone to have good financial planning, because if someone does not have good financial planning of course they will spend the income they have and not take the time to save and for those who have little income of course they never think about being able to save because of their income. what they have can only suffice their needs.

Avoiding desires for ourselves in order to have savings, I think this is the right decision because by having savings we will be able to reach the stage of financial freedom. If indeed we cannot have savings because we have little income, it would be better for us to look for additional sources of income so that can have income to save.
272  Economy / Economics / Re: No Correlation Between Academic Success and Financial Success on: November 24, 2023, 03:10:42 AM
The relationship between academic success and financial success cannot be eliminated, even if the person who succeeded financially does not have an academic qualification.  A large percentage of those who were successful in many fields were working outside their field of specialization, nor was a large percentage of those who succeeded in more than one field without having any academic training.
Each person has a way of achieving success that is different from others, there are some people who achieve their success through academic channels and there are also those who achieve their success not through academic channels but by working hard according to the skills they have.

Academic success as in getting As in college or graduating with Latin honors isn't what determines one's future. It could be an advantage in one way or another but it isn't a prerequisite for success. Those who merely passed in college aren't necessarily at a disadvantage in life.

However, all this doesn't equate to education not necessary for a successful life. Whatever success means, getting education means a better life than without it. Academic success and education are two different bananas. Some are saying education isn't actually important to be successful. They're wrong.
For those who have good abilities in the field of education and are also the best graduates, this will not necessarily mean they will be able to get a job according to their wishes, because the world of work is very different from the education they get at university.
I agree with you, everyone needs education to achieve the success they want and for those who can achieve success not through education, of course they have a lot of experience in that field so they can achieve success.
273  Economy / Economics / Re: strange indicators to know economy is bad on: November 24, 2023, 02:38:45 AM
I think that is a tricky decision. If they can't control how much money is in the market, it can go south quickly and will just increase inflation like what happened in Argentina iirc. At some point, people need to become creative on their own so they don't rely on the government to survive for a while. I guess this is where natural selection comes into play.

Weirdly enough, I stopped taking regular haircuts a few years ago. My reason is just laziness though, quite different from the Japanese I guess. On the other hand, the price to get a basic haircut does increase here. Things are getting expensive.
I agree with your opinion, if people have to be more independent in making their economy better, because by hoping that the government can help our economy, it doesn't necessarily mean that the government can channel it appropriately so if we don't think for ourselves then we won't be able to meet our own needs. ourselves, so it would be better for us to do it ourselves to improve our own economic situation.

I think everyone has a different way of using the income they have, but if we have enough income then it would be better for us to take care of ourselves so that we don't become a conversation among other people about our appearance.
274  Economy / Trading Discussion / Re: Weak or wise? on: November 23, 2023, 03:25:09 PM
Greed will come to the trader and tell him to keep waiting for the price to rise higher. But the reality is that the price can immediately decrease without notice, so we lose the opportunity to make big profits.

Gamblers are weak because they cannot control their emotions in trading. They are always influenced by what is happening in the market and cannot adapt to what is happening in the market.

By always studying trading analysis, at least we will know when we enter and exit the market. We can avoid greed and take advantage of the benefits we have obtained.
Everyone who trades will of course experience a lot of things like what you mentioned, but we have to be able to overcome them by remaining in control of ourselves when trading, so that we don't miss out on the profits we have made so we have to wait for them to come back to get those profits.
When we have done trading, of course we have to keep learning trading and we also have to be able to control ourselves when trading.
275  Bitcoin / Bitcoin Discussion / Re: Hodling vs trading on: November 23, 2023, 03:00:50 PM
Hodling and trading has always been a debate in the Bitcoin crypto space.Are they different?
In the cryptocurrency industry, no one is responsible for others. Whether it is loss or profit, everyone is responsible for their own assets. So I think we can only advise for educational purposes which is better, hodling or trading. People have different teachings and oppositions on this topic, but to the extent that I have listened to the top analyst in this thread, and also he has advised me to hodle as compared to trading. So it means to say that the hodling strategy is an easy and simple strategy that every newbie can do easily, in which you don't have to put much effort into something like trading; just buy a simple coin and put it in the hardware wallet and hodl.
Everyone is of course responsible for what they do and in cryptocurrencies we must really understand well what we are going to do lest the income we get from our work and use it for investment or trading disappears suddenly because we don't understand it properly. what he did was right.
I agree with your opinion, if we are just starting out in the world of crypto, it would be better for us to invest because it is fairly easy because everyone can do it, it is very different from trading, it takes a lot of effort to be able to make a profit in trading.
276  Bitcoin / Bitcoin Discussion / Re: I want to fulfill my mother's dream of building a house with Bitcoin. on: November 23, 2023, 02:39:45 PM
Every parents joy is to have a child who will take care of them at old age, and likewise every child's dream is also how to set a befitting place where his/her parents could be able to live comfortable lifestyle, knowing fully well that training a child is never an easy task, which is why for me I will always say that for those who after becoming successful in life and yet you are still opportune to have your both parents alive, you better take good care of them, because its not all of us who before we made it still had our both parents still alive to enjoy the fruits of their labour.
It is an obligation for every child who has been successful to be able to take care of his parents without having to first tell his parents to take care of him and what we have given to our parents after we have been successful is not enough for what they have given us at that time. We are still children, they have raised us with the love they have given us and we should be able to take care of them when they are old.

You are right, not every child has the opportunity to be able to take care of their parents when they have achieved success, there are even some people who are late in achieving success and their parents have died, so for everyone who still has parents they must be able to take care of them as they are. look after him when he was little.
277  Economy / Economics / Re: Cracking the Code of Saving Money... on: November 23, 2023, 05:26:48 AM
People who can save money and use it well are very lucky. Not everyone has the opportunity to save. Some people cannot even think about saving because they do not have the income to save. Often people with low incomes choose to save when their income increases because they realize the importance of saving because they couldn't do it before.

Sometimes life gives us the chance to learn things. In such cases, we need to improve ourselves and take advantage of the opportunities that arise. Saving is something that every person should do if they can.
Saving money is very important, even though we have a lot of income, we can save and also invest, because there are still some people who have a small income and only enough for their daily needs and they cannot save some of the income they have, it is important for We need to be able to manage our expenses well so we can have savings, because if we don't have savings then we will have difficulty when we need funds that we can't foresee, of course we need to look for a loan to be able to meet these needs.
278  Economy / Economics / Re: #HODLing is not a smooth journey on: November 23, 2023, 04:56:15 AM
I think it depends on one's financial situation and capabilities. A person who invests every last bit of their savings or money that they have will surely find it more difficult to hold and won't have a smooth journey, mainly because there can be situations where they might be compelled to sell their assets even if they don't want to because an emergency might have come and they don't have funds apart from their Bitcoin holdings and they will have to sell them all or maybe a portion of it to complete the expenses of the emergency.

However, if someone invests some money in Bitcoin and plans to hold their assets for the long term and has more money left in their local currency as savings, such a person would have a smooth holding experience because they won't have to sell their assets for anything and can easily hold for whatever amount of time they have planned for.
Someone who decides to make an investment must have some preparations before they make an investment, because if they don't prepare well they will certainly have difficulties when carrying out the investment because before they get a profit they have to end the investment they made.
I agree with you, when deciding to make an investment it would be much better for us to still prepare funds for unforeseen needs so as not to disturb the investment we are making and we can wait for the profits from the investment we are making.
279  Economy / Economics / Re: Bitcoin Investment: Good Debts vs Bad Debts on: November 23, 2023, 04:20:26 AM
I think there is no such thing as good debt or bad debt, debt is debt. My father had taken some loan from the bank for house repair work. Later on he had to get a lot of speed to repay the loan. My father had to repay the loan to the bank with a fixed profit every month from his monthly income. I still remember that time, my family went through many crises due to this loan. So I think debt is never good. It is wise to be cautious about taking out a loan for any other business or Bitcoin investment. Debt can have a negative impact on financial stability and future opportunities. Risks and potential consequences should be carefully considered before taking any type of loan. Although some individuals may be successful using loans for financial management or investment, it is important that not all situations are the same and careful consideration should be given to taking out loans.
When we have made the decision to take out debt to be able to meet what we need, of course we are obliged to pay it off, for some people who run businesses they have to take out loans from banks for capital in the business they have run and also as a motivation for them to work working hard to make the business run well so that they can pay off the loans they have taken from the bank.

It would be better before we decide to take a loan from the bank, we must first assess ourselves whether we will be able to pay it off and if we think we will be able to pay it then we can take it, don't let it happen that after we take the loan we can't pay it off of course. This will get us into a problem that we should be able to avoid.
280  Economy / Trading Discussion / Re: Do you pay for signals? And how much ? on: November 23, 2023, 02:29:47 AM
It's always better to trade with your own analysis than to rely your trades with signals. Honestly, trading signals are not always makes you profitable because not all their signals make you win, sometimes the market goes in a different way. Personally, I don't trade with signals instead I joined mentorship programs to learn trading so I can trade with my own analysis. But it takes time to learn trading because you must have a trading plan that works for you in order to be successful. I believe that the money you invest in knowledge is really worthy.
I agree with your opinion, when we trade it would be better for us to use our own analysis to be able to make a profit and if we make a mistake in analyzing of course we have to correct it, if we use trading signals and also experience failure in the trading we do, of course it will be very bad. it's sad for us because we have paid for the signaling service.

Following a learning program about trading is certainly much better than following a trading signal provider service, because in the learning process we can of course know in detail about trading, yes you are right, the money we have invested in learning trading is more useful because we can increase our knowledge about trading. trading.
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