here are the simple steps to save money:
1. You must record all your expenses
2. Make a budget for all expenses
3. Start planning on saving money
4. Choose something to save for your money
5. Decide on your priorities before spending
5. Make saving as a habit
6. Watch your savings grow.
any suggestion on how you save your money?
Separate your saving to the money you will spend. Don't let yourself buy the things you do not need.Know the difference of what you need from what you want. Always prioritize your needs before your wants. |
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in fact, the panic in this case is very bad, when a person panics, he does not think sensibly and starts selling Bitcoin, panics in this case, but it is better to think and make the right decision
No, I disagree with you. Panic selling does not have any use because the many investors panic sells, the more chance the price of the bitcoin will fall. Why panic sell when you all know that the price of bitcoin normally fluctuates? Panic selling have no good result because you will only regret it in the near future and you will wish that you should have hold your bitcoins and not sell before. |
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In an economic sense,
An INVESTMENT is the purchase of goods that are not consumed today but are used in the future to create wealth.
In finance
An INVESTMENT is a monetary asset purchased with the idea that the asset will provide income in the future or will later be sold at a higher price for a profit.
I really don't want to turn these into an economics class but the both definition of what investments are clearly should settle the argument of whether BTC is truly an investment or not.
Bitcoin is really an investment. Like what the second definition of investment stated, it sill provide an income in the future. Investment in bitcoin requires you to take risk. The first definition explains that you purchased bitcoins and that explains you invest and you take risk regarding to that. |
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DO you know that even some of the so called politicians have secret investments in Bitcoin and cryptocurrencies that no one may be aware of? I believe this is one of the reasons why some of them have double stand when it comes to taking decisions on the adoption or regulation of cryptocurrency. Some of them are scared of publicly supporting crypto. What do you think?
Yes, I already know about some politicians who secretly invests on cryptocurrency some if their reasons maybe is investing on crypto does nit require tax which is advantage to them. And who does not like crypto? when you can earn a lot of money through risking. |
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The risk in the virtual currency market is the risk of losing some or all of its capital when the investor performs the investment or virtual currency transaction. Identify the risks before conducting a transaction, helping them to know the specific loss rate in each case of investment will be how to, minimum and maximum how to decide the scale of investment, the first time investment, time of investment completion, and other relevant factors.
. I just want to add that before investing your money you should know by yourself if you are really ready to take the risk of losing your money in the process or gaining money by luck. Investing really have the risk part. But most of the risk takers become successful you just need to use your mind in investing and don't let yourself be a victim of some scams. |
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hello member of the bitcoin forum,  I'm confused and looking for answers about how to help people who are having economic problems, are there any of us in this forum who have a good heart to help the economy of fellow human beings, can opening new jobs reduce unemployment and improve the economy? Ofcourse the more the opening of new jobs, the more it can reduce the unemployment because it will lessen those people who do not have jobs. And also if the country has a lesser rate of unemployment then I can conclude that the economy really improve especially when it already eliminate the unemployment and poverty. |
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Lately I have noticed some good news and bad news about Bitcoin. Many people think that bad news will make the price of Bitcoin "go down" and good news will make the price of Bitcoin "Rise". So on this topic I would like to discuss "How much the power of news can affect the Bitcoin price?" I appreciate your answers and responses. Thanks News can really play a big role in changing the mindset of a person like how media works. People should know that not all news are true. Some are biased and just want to destroy something's popularity. As I observe, I notice that when people had watched the news about the people that been a victim of "scams" their trust and comfortability to bitcoin decrease just because of one news. That how media works it literally can change your mind in just a snap. |
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We all know how powerful bitcoins are especially in financial terms. Having one makes you feel like a newly-crowned king ready for his throne and lux. Its value and essence is something that we cannot just ignore, resulting for some people relying on these 'God-given grace' instead of working hard and gaining the money that their own country uses. Some thought that it would be better off to have bitcoins and convert it into any kind of currency rather than to get a job and earn some thing. What do you think? Will bitcoin be able to eclipse the existence of national currencies in the near future?
Actually bitcoin is not a threat to other jobs and currencies but rather a help for them. Some jobs can have an access of bitcoin that will make their name more effective because there are a lot of people who know bitcoin. And if it is a threat then bitcoin would be banned a long time ago but it is not. Bitcoin can really help to the existence of job and currencies in the world. |
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Now a days we sometimes seeing the price of Bitcoin falling along with others also falling.
At that time if I have Bitcoin then what should I do ?
Should I sell or hold?
If the bitcoin price continues to fall, then you should save your investment and I think it is better if you transfer it for the mean time and if you think that bitcoin reach its loweat proce that will be the best time to return you money back to bitcoin and just hold and wait for it to pump again. |
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I engaged with young people and layman people in my communities on the quest of exposing them to cryptocurrency. During the period I discovered that they find It so difficult to understand the concepts, they are so much acquainted with fiat currency and traditional ways of making payment transactions.
I will be impress If I can get a valuable ways and methods in making them understand what cryptocurrency is all about and engage them actively.
At the first time you introduce cryptocurrency, they will be culture shock because they are not aware of that environment. They will first think about it as a scam or it will deceive them but it just a normal thinking for a person new to cryptocurrency. But I think for you to make them understand what cryptocurrency is all about, is to not disturb them all the time, just show them the good side of bitcoin and how it helps everyone and let them decide if they will patronize it or not. |
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Bitcointalk Username:
Bitcointalk Profile Link:
ICOForum Username:
ICOForum Profile Link:
BTT Rank:
ETH Wallet Address:
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Btctalk name: Eureka_07
Rank: Full Member
Current post count: 335
BTC Address: 37Hqhw6BMAoamdJavEiRYJHqAJFJ1DFYtW
Wear appropriate signature:Yes
Wear avatar: Yes
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An economy is a zone of the production, appropriation, or exchange, and utilization of merchandise and enterprises by various operators. Comprehended in its broadest sense, 'The economy is characterized as a social area that underlines the practices, talks, and material articulations related with the production, utilize, and administration of assets'. Monetary specialists can be people, organizations, associations, or governments.
The economy of my country is not good because the people of the country do not have enough and regular job because there is a lot of reason some of these reason is, the taxes of the people gets of the leader of government they use it for they own wants and needs, they do not have care about the people of their country they only care is their own self and family; and also the people of tge country may cause of the poorness of a economy my country because they do crimes instead of finding a job to fulfill their needs. |
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How many idiots who decided to invest in bitcoin!!!!!!!
It is necessary not to watch as he grows from 15000 to 17000. This is a visual illusion.
And as it grows from 1.5 to 1.7.....
In recent days printed 180 million tether and still no big growth....
Lending on the stock exchange came to a billion dollars.
The credit rate on the day was a record and more than the 0.103%.
This means that the market has reached its peak. The price of cryptocurrency maximum.
This is the moment when you have to sell everything.
So began a process of growth needs the infusion of more money.... They're gone.
I think the joy of endless growth to an end this weekend.
Nothing in this world is eternal and permanent.....
And rising prices of bitcoin are not eternal.... all ends already.....
For me, they are just being practical because they want the easy to earn and make they money grow without giving a efforts because in banks there is a lot of requirements that are needed and many appointments that are needed to attend to have a access in banks and to have a assurance that the money you will invest is safe and will grow. |
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Knowing the crypto world was the best thing I have ever done. Today I was given an amount of $20000 by my uncle to make an investment for him at the bank so that by the end of the year he can get some additional money added to his capital. I sat down and calculated and found out that, investing at the bank will give him just $2000 interest.
I then called him and explain to him about cryptocurrency and how secured it is with evidences and it price increment for last year. After seeing it he told me to invest that amount into BITCOIN and I have done it for him. I know that is volatile and can fluctuate but I made time to explain to him that although the market is red now but when the green days come he will get not less thank $25000 added to his capital. I know I did the right thing and he will surely laugh some days to come. What do you think guys?
r I agree to you, banks there is a lot of things you need to do before you can access or invest in banks, there is a requirements needed and appointments to attend before they entertain you and also you need to have a high amount of money before you can invest because they are also use tou to earn money, in bitcoin you don't need to have a appointments or to submit requirements to invest because butcoin created to be a helpful tool that can help people to earn, invest and grow your money. |
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I can clearly see that there are other cryptocurrencies that are beginning to dethrone bitcoin, showing off there quick and secured transactions, though bitcoin continues to be the king. What does bitcoin need to improve state your opinions.
For me, bitcoin needs to improve is the security and the password needs to improve and I suggest that they add a pin in case that the user forgot his/her password and also the system and system design of it, it so plain but it is good. Also, to have a fastet process of new campaign and signatures. |
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I'm not referring to the price of Bitcoin (we all know it's going to be $250,000/coin by 2022), but the goal that it would be a legitimate alternative to inflationary government fiat currencies. When the altcoin market is examined, it is inextricably linked to the price of Bitcoin. Where Bitcoin goes, so does the rest of the cryptocurrencies. There's even somewhat of a dismissive attitude toward other crytpos in some investment circles; strangely this was a similar sentiment held by those "respectable" investors when Bitcoin was in its infancy.
What do you think? I'd love to hear from some crytpo veterans.
Maybe yes because there is many people who use it and invest in bitcoin that the money they invest is successful in growing and because many people who uses it that earn high value of money. No, because there still people who do not believe in bitcoin and do know about bitcoin. |
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Wall street grows ever more certain Bitcoin is a bubble. I can't even say they're wrong. Flirting with $6000 per coin and low economic utility? For as dumb as Jamie Dimon sounds every time he says anything about Bitcoin, the tulip bubble analogy looks less and less inappropriate all the time. In a note to clients published on Thursday, analysts at UBS took a long look at Bitcoin, cryptocurrencies, and the blockchain technology that underwrites this whole enterprise.
Looking only at pricing, UBS said that, “a twenty-fold increase in bitcoin prices in just two years, and an absence of any fundamental economic backing, cryptocurrency prices are almost certainly a bubble.” Blockchain utility doesn't make crypto not a bubble. That'll be important to remember for people buying now expecting to make big gains at this cost basis, and there's real risk there. Bitcoin is not a bubble because it last long time and will never be ginw unless bitcoin will be quiting to be a cryptocurrency that many people use to earn money and to fulfill their needs. Bitcoin will never be a bubble because a bubble will be gone immediately when it gets high but bitcoin going higher and higher but will never be pop. |
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Bitcoin was the first blockchain based cryptocurrency and is as yet the market pioneer in view of market capitalization. However, even as the benchmark in the crypto ecosystem, it remains exceptionally volatile. Your opinion about the Future of Bitcoin...
For me, bitcoin will be more popular and will speead all over the world because it has a factor that can help many people to earn money to fulfill their needs and wants, it can b one of the factors that many people will rise and no one will be poor. |
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