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341  Economy / Economics / Re: What could Elon Musk be buying next? on: July 11, 2023, 09:49:47 AM
we don't know what steps Elon Musk will take in the future, but I think he will still pay attention to the technology that is currently developing. But, I think if he fails to grow Twitter and loses out to Threads, I think Elon Musk will move on to something else. But considering that the money spent on Twitter is not small, I think he will really try to develop Twitter so that it is not unable to compete with Threads. Well, but for now, we don't know what else Elon Musk is interested in. I think he needs to focus on Tesla where that is his main strength.
342  Alternate cryptocurrencies / Altcoin Discussion / Re: Circulating supply matters to you? on: July 11, 2023, 06:42:37 AM
I think it really affects. coins with less circulation have a pretty good development. especially if the project is needed, while the circulation is not that big. doing so will drive the quality and price of the coin. Meanwhile, coins with very large circulation sometimes tend not to be so good. this will make the coin have a lower price because the coin is easy to get. besides that, we've seen Terra fall due to having too many circulating supplies.
343  Economy / Trading Discussion / Re: Trading or investment! What's your take? on: July 11, 2023, 05:19:55 AM
Trading is a high risk activity which requires a lot of know how and experience to have any chance of success in the field. This makes it the more dangerous for newbies and I don't exclude that to beginners on the forum but in trading as a fied.
Your met with those that could be said to have been well experience in the field having had a lot of layers on there skin and they can use this.

Investing in a business or even in a project, it doesn't requires a lot of skill but, just some knowledge of how the business environment works and it becomes a matter of the growth level you can attain within a period. Its something you can definitely build on slowly until you attain fast growths.

Having to pick between them both for me would be one with minimal risk and that would be investing in this case.
in investing, we do not need special skills and only need to wait until we see the results of the investments we have. That's a very good advantage, because when people want an increase in the value of their assets, they sometimes tend to think of the least risk. It's just that, the drawback in investing is the slow increase in value that occurs. you may need to wait years to feel the price increase that occurs in the results of your investment, an example is gold. I see a margin that is more than 5 years until you can see that the value of your investment goes above 40%. The same thing also happens with online investments such as crypto, but the risk is a little bigger because we don't know what developments will happen to what we invest in the future.
While trading tends to have a greater risk than investment, it's just that the margin of profit obtained is greater. Trading requires special skills in gathering information, reading charts and more. However, the percentage of profit that can be obtained if we are successful in investing is very large, even within a month you can get very large returns if successful.
However, these two things still have a large number of enthusiasts. everything just needs to be conditioned by their respective circumstances.
344  Economy / Economics / Re: What will you do when you have Financial Freedom? on: July 10, 2023, 09:46:41 AM
Here in my country, I can do a lot of things. But I'll set off first with my family and let them experience all the happiness that we've never taken before. We're a family-oriented country and that's why we're thinking of each other as we struggle altogether before, then we'd be happy altogether after. Well, success is already there and money is no longer an issue and just like everyone is saying about buying properties, enjoying life and living to the fullest, those are nothing new and common thing that I'll shall do next too.
well, the purpose of financial freedom is so that we no longer need to spend a lot of time to make money, but we will give the time we have for our family and also the hobbies we have. Personally, I will probably make my family happy by giving them what I can afford to provide, and maybe personally, I will also travel the world to enjoy the sights of traditions, food, etc. in different countries. Well, I watch vlogs like that a lot, so I thought that someday if I have achieved financial freedom, I will also do that with my family.
345  Alternate cryptocurrencies / Altcoin Discussion / Re: Will you invest in a project that might take years to outshine the market?? on: July 10, 2023, 08:14:24 AM
it's true that projects take years to become hugely popular, and come with a hefty price tag. despite that, the progress was evident each year. an example is ethereum or BNB. Every year, the progress of the project is very clear, and the price is also quite good.
Currently, there are many investors who hope that the price of the coin they invest will increase quickly, even when it is listed on the market, they want a high price. that's not wrong, but sometimes a good project can see its development in the next few years. well, as long as the project is still being developed, I think the quality and price will definitely go up.
346  Economy / Trading Discussion / Re: Why Not Just Buy BTC? on: July 10, 2023, 04:37:19 AM
the strategy is like that, buying bitcoin, then keeping it quiet until the price rises high. After that, it's up to you whether you want to sell it, or wait for a higher price. However, this is quite risky because we don't know when the bitcoin price will drop again.
Besides, why don't people buy bitcoin when they believe that the price of bitcoin will increase in the future, it's because of limited costs. because of this, many people are enthusiastic about trading, investing in altcoins, and others so that they can have extra money to invest in bitcoins.
347  Economy / Economics / Re: Landed properties is the best investment on: July 09, 2023, 03:40:37 PM
When you say best, how do you mean? Do you mean in terms of profit or risk?
Real estate is expensive to break into, you have to have a certain level of money before you own a landed property. So if you look at it from this perspective, it's not the best.
In terms of profit, it is not the investment that gives the best profit.
Different people have their idea of a "best investment". It depends on what they understand and what they're into.
There are many rich people that got rich within real estate.
I think he says it best in terms of risk, as well as pretty good returns over the long term.
Everyone has a different perception of the best investment, but land investment is one of the best investments in my opinion. that's because land prices always go up, especially when we choose a strategic location. in some countries, especially where I live, land is a very profitable investment, you can even rent it out, or work with other people to manage it. the more crowded with settlements, or with business land, the higher the selling value. other than that, this is an investment that has a price that always goes up every year in my city.
348  Bitcoin / Bitcoin Discussion / Re: Investing doesn't guarantee you to be rich on: July 09, 2023, 12:56:54 PM
To achieve success in an investment career, it is important to get a good education and research, create a measured, disciplined and patient investment plan, manage risks wisely, keep learning and adapting.

Absolutely, gaining knowledge and learning skills of utilizing various strategies is crucial to become a successful investor. Adequate education and through research provide the foundation for developing plans of investments in different vehicles, such as stocks, real estate and crypto currencies, and understand their characteristics, potential returns and associated risks. Without proper knowledge and understanding the risks involved, individuals are likely to make impulsive decisions or fall for scams.
knowledge seems to be the main foundation in this case. we know that many new investors who are just learning to invest for example in crypto, invest randomly just because the price of the coin is low, and the team always promises a high percentage of the coins they have, and finally the investors are influenced, and invest in scam coins the. this is an example of when investing can make you poor.
However, the key to minimizing these risks is to continue to do research and increase knowledge on investing. Patience is also an important key in investing because we cannot see a good investment developing in 1 day. sometimes it takes months or years.
349  Alternate cryptocurrencies / Altcoin Discussion / Re: How Confident Are you With Altcoin In This Time on: July 09, 2023, 12:15:14 PM
I don't consider all altcoins to be future or long-term gains. only a small part, for example BNB. my confidence level in BNB is over 95%. then why should ''hold'' long term? BNB is the most popular altcoin after ETH and BNB there is an altcoin that is supported by the largest exchange namely binance. there is no reason not to invest long term in BNB  Roll Eyes
Now there are already more than 26 thousand altcoins in the cryptocurrency market. Of these, we can name no more than a few dozen worthy of attention. Most of the altcoins, unfortunately, are garbage. But the cryptocurrency is still in the process of becoming. We hope that in general it will have a good future. But only the strongest will survive.
Well, we can't be 100% sure that altcoins will have a good price in the future. however, for popular altcoins, I'm pretty sure, moreover popular coins like ETH, BNB, MATIC, DOT, ADA, and others have huge upside potential when a bull run occurs. However, I'm not so sure about altcoins - altcoins are stunted, and right now, a lot of altcoins have slow growth. I just hope that the altcoins that you guys believe will have a good future will actually have a high price in the future.
350  Economy / Trading Discussion / Re: Can DEX Replace CEX as the Future of Crypto Trading? on: July 08, 2023, 10:44:53 AM
if you look at the current situation, then people are more likely to choose to use their assets on CEX than DEX. So far, DEX still has many shortcomings, especially if we use the ERC20 network, the fees that can be used to make transactions are sometimes very large. However, in the future, DEX might be much better because it has a decentralized system.
However, if you try to advertise MUFEX here, it seems that people prefer to trade on CEX than new DEX advertised like this.
351  Bitcoin / Bitcoin Discussion / Re: Seniors vs Kids — in the future of Bitcoin on: July 08, 2023, 09:46:33 AM
every child is sometimes formed to continue what is currently there. So, I think we can't compare it. However, adults need to teach children about this technology. maybe some kids will resist because they don't like it, but I think some kids will like it, especially kids who are interested in technology. We cannot rule out that in the future they may develop better technology than they currently have because that is the hope of adults living today. Even more so in terms of crypto development, especially bitcoin.
352  Economy / Economics / Re: Automating your savings will help you save more on: July 08, 2023, 05:52:05 AM
I think, a system like this already exists in the bank system. I have a friend who has used it for a period of 1 year. So, every month, he is required to deposit a minimum of a few dollars into his automatic savings account. he will not be able to withdraw the money within 1 year. after 1 year has passed, the money he saved automatically goes into his main account. he can choose how long he needs to save, and 1 year is one option.
If that's what you mean, then this really helps someone who isn't very good at saving the money they have. with this system, they are pressured to continue making deposits every month. he will feel it in a certain period of time.
353  Economy / Economics / Re: Why do people stay poor? on: July 07, 2023, 12:44:46 PM
A sufficient reason for being poor is that they do not have the money they need and they cannot or cannot work. Incomes are low and cannot save or save less due to low income. Due to this the investment is less or the capital is less they remain poor Apart from lack of education, lack of working knowledge laziness lack of ambition etc. there are many other reasons that I don't know The worst thing is to waste money the poor are more likely to spend everything on unnecessary activities and have no savings for the future.
the closest to reality is income that is not much, or less. I've seen several documentaries about poor countries. mostly, the people there work hard, study, and so on. however, the income they get is very little each month, even that is not enough to meet their household needs. So, they are hard to grow. in the end they use the land they own and their livestock to produce their own food, and the money they get from their work for other things. it is quite difficult to invest, or develop a business if the money we get is not enough to make ends meet.
354  Economy / Speculation / Re: Bitcoin maximum price on: July 07, 2023, 08:21:30 AM
it looks like for the end of this year, the price of bitcoin could reach a price in the range of $ 40k to $ 45k. if the price goes above that, then that is a very positive thing before the halving happens. However, seeing that bitcoin price has remained in the $30k range so far, it makes me feel that it may be quite difficult for bitcoin to exceed $50k by the end of the year. So, I think the highest price range that bitcoin can reach by the end of this year is $40k to $45k.
355  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Doge worth investing? on: July 07, 2023, 07:11:04 AM
I think Dogecoin is still worth investing in. Even though we know that Doge's price has decreased significantly since reaching the ATH level. As we know that Dogecoin has experienced a significant increase in popularity, mainly due to the influence of Elon Musk.
IMO, this is an investment that is expected to go up just because of the movement of existing information, such as Elon Musk, or other supports. For me, Doge coin has potential that is between worth and not. If you look at the basics of coins such as volume, function, and more. this is a memecoin that is likely to be difficult to grow, but in reality it is trending up in price, and has great potential in the short term. Worth it or not, it depends on each other's opinion, but if you want to invest in this coin, then you need to prepare your mind because the risk involved in investing in this coin is very large when compared to other popular altcoins. However, I think I will also invest in this coin even if it's a small amount. if in the future the price falls, then I am ready to take that risk.
356  Economy / Economics / Re: To Hodl or Lend: What is your take? on: July 06, 2023, 09:39:56 AM
So far, I still prefer to hold the asset myself rather than lend it. for me, lending has more risk, especially when I don't know people on the internet. Except it might be people I already know and trust. It's just that, I'm more inclined to take advantage of the assets I have at my own risk. for example, if I'm feeling too long with an asset I hold, I might try trading to multiply the asset I own rather than lending it to someone else at interest. Anyway, I'm more comfortable that way.
357  Economy / Speculation / Re: If bitcoin will accepted worldwide for legal then price rising $100k?? on: July 06, 2023, 07:13:40 AM
if the whole world accepts bitcoin, then the possibility of bitcoin price reaching $ 100k is very large. The reason is, once bitcoin has been accepted worldwide, the adoption rate of bitcoin will increase, and most likely the market demand for bitcoin will increase. businesses may also accept bitcoins, and bitcoins can quickly fetch a price of $100k or even more. What's more, the halving happened. however, I think it still needs a long way to go until bitcoin is accepted worldwide.
358  Bitcoin / Bitcoin Discussion / Re: I sold the altcoins and invested in Bitcoin" on: July 06, 2023, 04:35:04 AM
Well, your decision is not a bad one. if you are targeting long term investment, I feel that your decision is right.
Personally, I also use the same strategy, which is to sell all the altcoins I have at a high enough price, then I invest back into one coin which I feel has great potential. I sometimes choose between ethereum and BNB, because I feel that it is still quite easy to get 1 coin compared to bitcoin, but I think we have the same strategy.
You will really feel this when you do this consistently. when you have a lot of bitcoins, you will feel it when the price really goes up. it carries less risk than owning lots of altcoins, especially since the altcoins are not popular. So, it's better if you sell everything while the altcoin still has a price, and switch everything to bitcoin.
359  Economy / Economics / Re: I cannot go home if I don't make a lot of money now!! on: July 05, 2023, 08:19:11 AM
when you have a job and are afraid of being fired, then you need to prepare for the worst possibility and make a solution. investing, or building another business is the solution to that. you can look for additional work. in fact, you can teach your wife how to sell a product. because I think your wife will definitely help and support you if you make an effort. when you are afraid of something, then you need to find a solution from it. settling at one job is not the solution to how you feel. try to learn and explore the knowledge of investing.
360  Bitcoin / Bitcoin Discussion / Re: Why are bitcoin mixers often accused of laundering money? on: July 05, 2023, 06:35:16 AM
I don't think we can handle it. the goal of mixers is to make these transactions anonymous and untraceable. Because of this, very many people think that this is often used as a tool to launder the money they get from illegal proceeds. However, I think it's hard to stop. Even as a legitimate system there will be people who use it for fraud. for example the use of KYC. maybe people think that it is a way out, but some irresponsible people are willing to buy someone's data to do KYC. it's like asking someone to set up a bank account, and pay for it. So, in every system, there will definitely be loopholes to make something illegal.
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