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The number one cause is they are too greedy and can't manage their money well. In every aspect, greed is really bad, which is why it would cost you a lot. Most of the investors or other people that got rich and we saw their downfall mostly because of greediness in getting more profit, which they will invest all of their assets since they expect to win but turn out not to, and also because they can't manage the money well, they keep spending without being noticed that there is no money going in to the person, so it will lead to losing all of your money.
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I sit-down to wonder why traders who are consistent in trading and also investing still remain very broke despite the effort they put to erradicating poverty,but it still seems like there is some sort of unforseen and spiritual forces controlling the physical.Or should it be foundational curse from the forefathers affecting the present circumstances?or is it that the poverty is inherited? Or is it a gene or chromosome?.These are questions that that I tend to ask.
This is too deep. If we're talking about spiritual beings, I'd say it's possible; if the spiritual forces want you to stay poor because that's your destiny, then it's possible, but there's a reason for it; while trading, you'll help poor people with your profit, you'll guide others when it comes to trading, and other instances because if you get rich, you won't be able to do it, so everything has a reason. If we talk without spirituality, then I would say you are the problem, as you can't manage your profit or your money well, which is why you are still not getting rich. Well, I respect of what your belief guys but I think, trading is a pure skill and knowledge that we must obtain before entering such a decision. Just people don't believe in luck because that is misfortune. The same for me, everything your decision relies on you there is no spiritual --there is no course in trading, the logic here is you must have the knowledge and it depends on you. Sometimes people greed will put them down and now, who is to blame for that? Thank you for your respect. We are in a religious country, so we really have these kinds of thoughts, but that doesn't mean that if we lose a trade we will be blaming the spiritual beings; when we lose all day, we ain't blaming anyone; it just happens for a reason. This is also for us to maintain a positive attitude and move on from something. We also don't rely on our beliefs; we are just using them for motivation to continue, just as in trading, to continue to trade even if losing to strengthen the strategy and not rely on luck, as trading isn't about luck; it is more about experience and your strategy. |
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I read the article, and one of the residents said that he could go to jail as they are still not married and he has a child. He is scared that someone will go to the police and tell them their status. It won't only affect the businesses but also other people who are living peacefully, as those business owners who own hotels and lodging will surely see their income decrease, as well the economy of the country, as we all know that some foreigners will go to other countries to explore and also other girls.
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Obviously, your health should be a priority, so if trading causes heart problems, you need to leave this activity. What good will trading do if it harms your health? Try to invest in safe coins, try to buy bitcoin for the long term (not financial advice). But health should be a priority, it is much more important than trading.
Some funny thoughts came up to me. You are really earning big profits through trading, but the exchange was that you got sick. It's better to leave than to be unhealthy. As others have stated, health is wealth, so we should take care of our bodies; we resign from jobs if we believe they are affecting our health; how much more of this you will leave before you start having heart problems? I think holding a bitcoin can also cause him a heart attack. It is better to invest in low-risk investments since bitcoin is very volatile and anything could happen. |
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If you don't know how to invest, it's safer to put your money in the bank. Investing doesn't always make money. Understand investment projects before investing.
If you don't know about investing, learn it, it's not as difficult as many people think. Investing means you can invest in stocks and forex...not necessarily just cryptocurrencies, we have many investments with less risk than cryptocurrencies that can still be profitable. But if you really don't want to invest, instead of depositing all your money in the bank, I suggest you save your wealth in gold, it's better to keep your money in the bank. Because as you know, fiat currency depreciates over time, so keeping money in the bank for a long time will make you poorer. Basically there are many ways and it all really depends on each person. when talking about investment, don't just focus on crypto investment because actually there are many other than that, gold investment is also a good choice and the risk is also not as big as crypto There are many investment options; there are high-risk and low-risk ones, such as gold, but there are also people who are high-risk takers; they can invest no matter what they lose, such as bitcoin because it is a high-risk, high-reward investment, and there are people who invest in low-risk options, such as gold. The only difference between them is that those taking high risks could gain huge profits and will find a way to lessen the risk as they want to earn big, which is not bad as they will find a way to reduce the risk, which can lead to success. Choose low-risk investments unless you really want to settle down less. |
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I sit-down to wonder why traders who are consistent in trading and also investing still remain very broke despite the effort they put to erradicating poverty,but it still seems like there is some sort of unforseen and spiritual forces controlling the physical.Or should it be foundational curse from the forefathers affecting the present circumstances?or is it that the poverty is inherited? Or is it a gene or chromosome?.These are questions that that I tend to ask.
This is too deep. If we're talking about spiritual beings, I'd say it's possible; if the spiritual forces want you to stay poor because that's your destiny, then it's possible, but there's a reason for it; while trading, you'll help poor people with your profit, you'll guide others when it comes to trading, and other instances because if you get rich, you won't be able to do it, so everything has a reason. If we talk without spirituality, then I would say you are the problem, as you can't manage your profit or your money well, which is why you are still not getting rich. |
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Rewarding our selves is also addictive since every month when we get our pay, we tend to reward ourselves and forget to save some money first. This also happened to me when I got my highest pay in my job: I rewarded myself every time I got paid, and later on I forgot to save. It's really better to save first before spending, but if we really need to reward ourselves to make us relax, let's do it just for a couple of months, and after that, we need to save for rainy days. If you're addicted, it's your fault because you don't have any plan for life. For me, to avoid getting addicted, I always have a plan for myself. Like when I get a raise or my savings goal is 10k, and I hit it, I reward myself and keep going to set a goal of 20k and will reward myself again...As I said, don't rest in victory but set yourself a higher goal each time we reach the previous one. Only then will we never get addicted and forget our duty. How I wish all of us had this kind of behavior. I know it can be learned as long as you practice it, but I need some motivation to do this. That's a great idea, setting a goal for yourself before rewarding yourself, but I'm not sure if you're so stressed out at work that you want to reward yourself after you get your pay. I am that stressed that I need to take a break after my work (which is so stressful that I am having a mental breakdown, and I am planning to resign soon). |
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this is a somewhat difficult problem to solve because even if you put security and police in casinos and around casinos, thieves and murderers will always find a way to kill and steal, for example thieves and murderers can stay away from the casino waiting for the victim to leave the casino and they follow the victim home and then they can rob him at home or even close to home, to fight crime this way it is necessary for the police to put cameras in every corner of the city and then have enough numbers police to be in every corner of the city, this is the only way to fight crime in the city
Unless you hire bodyguards or security guards, but that is a personal problem, not a casino one, and this is really difficult to prevent, I don't see any place that has no crime rate. that you can freely go anywhere? As long as money is concerned, criminals really find a way. Also, having cameras in every corner can't prevent criminals, but it can easily solve the cases if we do have cameras. One of the best options is to have a lot of police patrolling every corner at night and day to really prevent these criminals. |
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Find the right person and have a wonderful marriage. Now with the changes of the times, it has become much better than hundreds of years ago. Marriage is for two people, and they should bear the burden together and help each other. I love my partner and I will not let her bear the trivialities of life alone.
Divorce is also very easy to do for those who have enough money. There was no divorce before, and only a few people planned to leave their spouses or wives, but now there are plenty, and they will decide to split up, with their children bearing the brunt of the consequences. There are other people who still respected the wedding sacredness they made and adjusted themselves if necessary for the sake of the children. Back to the topic, it isn't punishment if both of you have an understanding of each other because one will adjust every time there is a misunderstanding. |
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Cryptocurrency is not a field of surety there will be not exact information about any coin and i think that make investment for someone other is a foolish idea because he will not understand the situations but will blame you. Also trading requires patience and is a work full of difficulties so i just thing that investing for others does not sound good.
After investing, if you can't stay in the bearish price, then you can never make a profit by investing. Before investing, the most important thing is to be bearish. Before investing, think carefully and then invest. If you want, you have to keep a cool head and invest after that. Then you can make a profit by investing. Red days or green days, it doesn't matter; the most important thing is that you have knowledge. Anyone of us can't stay at bearish, which is why they keep learning to prevent losing money. We trade for profit, and we want to minimize our losses. Strategize before hitting the trade. Plan out everything so that you will not lose much and also have a target profit to prevent greed. Knowledge is really the key to trading; without it, you will not be getting any profit. |
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Agreed, Bro according to your point of view capital is the sole difference it's for the long run dear but dear according to my point of view if there is day trading then the capital plays a minor role and trading volume plays a major role as capital is not responsible for the fluctuation but trading is so volume brings the volatility in the market which too important
Having a bigger capital without enough trading knowledge and skills has a bigger risk as well. Yes, capital is important but it is also necessary that we know the risk that we are taking and the ways to deal with it. We should have at least the basic knowledge about the fundamentals and technical analysis because capital alone won't make us successful. Trading has a huge risk and you can't minimize it by having a bigger capital but rather by being fully equipped with skills and knowledge. Having a bigger capital with less knowledge compared to those who do have small capital would really still make out that difference.Just like on what people been saying that knowledge or skills would be the key for you to be able to sustain and survive this unpredictable market.It wont really matter on how big your capital is because the number or size of position on each trade is the key. Also with that risk management factor thing is should be mainly considered. Even if you do have small amount of capital but you do really know on how to withstand this volatility then you do beat up those fellas who have big capital with less trading knowledge. If we compare it, let's say trader one has a lot of capital but lacks knowledge, and trader two is an experienced one; most of the time, trader 2 would win trades but make small profits, whereas trader 1 would win a single trade and make a large profit. I am not saying that lack of knowledge is better, but with big capital, you can maximize the profit per trade. The size of your position really matters most since it will take more time to gain enough profit to hit your target if you set it in low. |
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No doubt, there are lot of people's that are always thinking about how to scam with the people's.
There are lot of hackers that have already hacked biggest exchanges of the world such as bitfinex, kucoin, binance, and ftx exchange. Hackers steal millions worth of dollars from exchange. and sell these dollars in market and dump the whole market. So, this is the most ridiculous activity of the crypto market.
According to reports from many sources at this time cryptocurrencies is the second place used for scams, this is what makes many countries worry and make strict regulations, in my country all exchanges must be officially registered so that the site is not registered, it will be banned, p. which is natural because the scam case report from Cryptocurrencies is increasingly massive. Your country is really fast on implementing this one. Regarding the exchanges that are in your country, are they local? How about those famous or global exchanges? How do they apply for registration so that they won't be banned in your country? If this were happening in all countries, those global exchanges would really have difficulty getting some registrations in specific countries. Only those wallets have been registered in our country because it is really required by the bank and the government which it can boost the confidence of the people to put money in their website. |
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...If I don't like overhyped discussions so I just tell them it is far better compared to having their money saved in the bank for 1 year doing nothing I do this to avoid been held by my words if things goes wrong...
There is no doubt that investing in bitcoin will be much more profitable than keeping your money in the bank. Given the dynamics of the cryptocurrency market, the profit in this case can reach several hundred percent. But this will only be true if the market is bullish. Otherwise, 1-2% in the bank may be higher than you will earn on holding bitcoin. Bank has lower risk but lower profit; bitcoin has high risk but high reward. You must decide wisely what risk you will take; will you play it safe? then go to the bank and make a time deposit, but if you are a risk taker, then invest in bitcoin, but first gain knowledge yourself so that you are not surprised by bitcoin. Risking huge money now is difficult, which is why some investors will invest in other assests. But those who really want to take a risk will invest in bitcoin, but they will conduct research first to lessen the risk, and they have plans. This applies to all investments; you can lessen the risk if you have plans. |
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True and people really should realize that you cannot be just rich from working 9-5. Days will come that your contract will end, get laid off and force you to find another job. If you're really looking to get rich, it should make sense that you build your own business whatever the kind and you would be able to value your services/goods to however you want.
It is risky though, but once it paid off, get ready to get your Lambo keys within few months.
Many people are rich because they have their own business that is developed from the beginning until they are successful, but the journey from personal business requires determination and effort without being discouraged, requires the support of family and friends to motivate us when trying to start our business development. But the safest work position from the risk of being laid off if we have civil servant status in the position of head of a strategic field office. The safest work would be in government, if you got a position there. In the past, I worked as a government employee (contractual, we will be renewed every three months) and I can tell you that if you want to work less but earn more, you should work hard to get certificates and apply for positions in government. Your future will be mostly secure if you get the higher position and fewer tasks because you will only need to plan out and you will have people around you to help you. |
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They are entertaining at the beginning but soon they become your worst nightmare and I never recommend anyone to play slots,in poker and sport betting you have somewhat much more control while in slot machines you just hit a spin button throwing yourself into total randomness which is programmed to make you lose money in the long run. I wouldn't go so far to say that no one should play slots. Slots should be forbidden for minors, that's for sure. But for adults it's a good thing in many ways. I myself still play slots, but not more than 30-40 minutes per day, and not every day, of course. That's a little harsh not to recommend playing slots; I believe he had gambling issues. To begin with, you already know that there is a 60% chance that you will lose your money and a 40% chance that you will profit when you gamble. We gamble to have fun; we occasionally win but frequently lose; we play for the happiness it brings us. Slots have been in the gambling world since then, and while it is already programmed to have a slight chance of winning, if luck strikes you, it has the possibility that you can win big. Until now, a lot of people have played slots, and others have tried to have a strategy to win them. |
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Most of the places in my locale where these games are played seem to be a hub for miscreants looking for likely victims and observing the cash flow of individuals using these spin machines. It is not too long ago we learnt of the stabbing that happened in front of a las vegas casino and the recount of the perpetrator.
Crimes can happen everywhere even in Churches there were crimes committed, safety should be our concern wherever we are and we can do this if we know how to be observant of places and people so we should all practice safety and be observant of anything suspicious Even in police stations. All places could be prone to crimes, but few places have only low crime rates. But the best approach to this is to improve your security, whether through personnel or by building a structure to strengthen the security. This is the only way to be safe. Invest more in security, hire security experts to assess it just like a bank, and also background check your personnel. This involves money, so I am pretty sure all the bad people are planning on how to exploit it. If they see something that they can penetrate, then you will be losing all of your money. |
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how do I care when I was waiting for this to come? I am looking for this drop any time soon because I have funds available to re buy but i wanted this to be cheaper and that lowering like 14k or even 10k must come.
I have to wait for better result in the future at least 2 years time?
Many people will buy because they hope the price can be cheaper, when the price occurs then he will think again to wait for a cheap price again, this is normal because to get a big profit then we have to buy at a low price, sometimes the market is not in accordance with expectations We, when we hope the price goes down but it turns out that the price goes up and if we just wait then we will get a price that is more expensive than now. People are still speculating despite that, and they continue to add to their stack every days/months/months. Spending beyond your means is never a good idea. Investing in bitcoin doesn't require much if you know when to do it. They don't always stay red forever, so we can't predict the price going down continuously! Despite its current challenges, bitcoin appears to have a bright and healthy future. Bitcoin investment is the simplest thing, just buying and waiting for the moment to sell so we will definitely profit, maybe after buying prices will go down and many are panicked, but if we are patient then we can profit, don't ever think negatively that Bitcoin has no hope, As long as we can be patient, we will definitely profit. It is not as simple as purchasing and then holding it. What if you don't know bitcoin? What if you bought at ATH? Your profit will now take more years? You really need to read articles and watch videos to know more. Also, the most difficult part was how you controlled your emotions when losing. The most difficult part, as I am sure you will keep checking your portfolio from time to time to see how much profit or loss you have, is overcoming a large percentage loss. |
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Ty question- Based on your cumulative life experiences, can you share your best money advice with us?
Never increase the lifestyle when experiencing an increase in salary this is always a problem for young people and also most people, and never buy expensive items whose value drops very quickly and their use is not too important because later we will sell it at a very cheap price because of necessity, and always be disciplined to save because there will be important things that require and money quickly. That is mostly happening nowadays. When people gets promoted from their jobs and receive a bigger income, they also try to level up their lifestyle and eventually increase their expenses, even spending more than their income. This is from my own experience, and I’m not happy with it anymore since i’m drown now into more debt compared before. Always live a simple lifestyle instead, that way you can save a lot from your own income and benefit from it in the future. There's nothing wrong with saving money for a better future, but that doesn't mean we should live too simply or too hard on ourselves. We work hard and finally, when we get a raise or better income, we can also reward ourselves after hard working days. We should enjoy it, but as long as we don't waste too much or fall asleep in the win, we continue to work harder and find ways to increase our income even more in the future. Don't be too frugal with yourself because we work to get there. Rewarding our selves is also addictive since every month when we get our pay, we tend to reward ourselves and forget to save some money first. This also happened to me when I got my highest pay in my job: I rewarded myself every time I got paid, and later on I forgot to save. It's really better to save first before spending, but if we really need to reward ourselves to make us relax, let's do it just for a couple of months, and after that, we need to save for rainy days. |
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I am doing trading since more than Four years and earning good but i want more capital for big trade setups, so any pro trader please suggest me that how can i raise fund for my trading.
I know nothing about fundraising so please guide me through this process for my better future.
Thanks.
Where is your profit then? I'm not sure why you will raise a fund if you are already earning a decent profit. I think you don't need to raise funds; you just need to start saving or reinvesting your winnings, unless your profit goes to something else. If you really set up fund raising, you really need proof that those who donate or give money to you will be persuaded since this would be something fishy if not. Also, you can ask your relatives about it; I am sure they will be very interested once they hear the word "trading." |
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The first time I heard about Bitcoin was because of all those Ponzi schemes and hype on social media. People close to me had also heard about Bitcoin, but we didn't pay much attention to Bitcoin time. Later, I heard that Bitcoin can make money, so I started to study it slowly.
The first time I heard about Bitcoin was from the TV news, telling people to stay away from pyramid schemes and virtual currencies. Big gains are often scams. Later, the friends around me gradually deepened my understanding of Bitcoin. They often talk about mining, but I still couldn’t understand it at first. I laughed at my friends and stopped dreaming. When did you start mining coal? It turned out to be a large computer. The reputation of bitcoin that year was not good. A lot of news is saying that bitcoin is used in drugs and the deep web; others also say it's a scam since they are only referring to ponzi, which mostly those newbies that don't know bitcoin will agree with, but we as we know what is really bitcoin got angry and showed our opinion in social media, but bitcoin proved itself by hitting and breaking its ATH, and that is why it attracts more people about it. |
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