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381  Economy / Economics / Re: Is increase in minimum wage a good method to fight inflation? on: February 15, 2024, 05:52:16 AM
Over time, I've heard discussions about inflation and the rising cost of goods and services across almost every sector on the world economy.
However, suggestions have been made in various ways on how best to tackle the menace called Inflation. Recently I have personally thought that one of the ways to fight inflation in an economy is to increase minimum wage. More so there has been a back and forth argument on these, as some persons argue that the increase in minimum wage will rise the bar on commodities, because they feel hence you increase the purchasing powers, it will have a multiplier effect on the economy which might be challenging.

So guys, is increase in minimum wage not a good measure to fight inflation. Let's have your opinion.

It's not really a good way to fight inflation, I mean it is being controlled by the government so we can't really fight inflation because the government is the one who just keeps on printing money whenever they want so if you use fiat money you surely going to get eaten by the inflation on your country because of the dumb system.

Increasing the minimum wage could be a good thing so that people are able to at least survive with the increasing price of their needs, but it wasn't really some kind of solution since inflation is still going to hit unless they could increase the salary to the point where it can go with the inflation at the same time, which is most likely not going to happen.

We cant really do anything about the inflation it is going to exist and we cant stop it, what we can do is just to do alternatives like putting our money on Gold, real estate, Bitcoin, etc. that is not like fiat money.
382  Economy / Gambling discussion / Re: Difference between afford to lose and can't afford to lose. on: February 15, 2024, 05:30:43 AM
When you are depending on someone for assistance because you want to gamble it means that you are risking what you can not afford to lose. Why because you don't have the money to gamble but someone have to give it to you before you can stake.
But when you have jobs that pays you money so well and you are gambling it means you are risking what you can afford to lose. Why because ones you lose your job will give you another money.

However, many people would say even if you have jobs but you are staking higher it also means you are gambling with what you can not afford to lose. Moreover it's true and I have to dauth but I have a feeling that ones someone that have a good paying job is staking more than what he can afford to lose, there is no different between addiction there.

I mean I get your point there, its actually pretty easy you should not gamble, let's just say more than 10% of your earnings or your salary in your job that is I think the best way to do it, you could probably make it up to 40% if you want to risk it but for sure if you're going to put a high percentage of your salary just on gamble it would probably hurt for you and difficult to recover if you lose that money.

Saying only gamble what you can afford to lose just means to lower your risk of not putting so much money where you can't really afford your not be able to recover or probably take years for you to recover if you lose that money. Its just similar to investing on cryptocurrency its a risky thing to do don't put all of your money on it because its just too much of a risk, you could easily lose that if you lose a bet.

Can't afford to lose can also be money that is like a loan to someone which you can't really afford to lose that money since its a much higher risk and meaning your going to have negative money having loans.
383  Bitcoin / Bitcoin Discussion / Re: What if? (2) on: February 14, 2024, 11:59:20 PM
Probably Bitcoin is not really gonna disappear that easily depending on the effect of the solar storm, is it going to affect all of the people in the world? I mean if it is only going to affect a part of the world where the internet is gonna disappear that just means that the internet is still running in some areas and Bitcoin is still going to operate, Probably depending on how long the effect of it as well, if we are going to see it for probably just weeks what will happen is were just gonna get a pause or freeze on the internet after that we could easily get back and running again when the Internet is restored.

I mean Bitcoin is not guaranteed that is going to exist since there are always risk holding it, after 5 years we dont really know if Bitcoin is still a thing, but also difficult to say that Bitcoin is going to disappear, I mean even though the Internet was gonna for a year, When the Internet is restored Bitcoin is still there existing Unless something happened where they able to erase the whole Bitcoin itself. Then the real discussion is what would happen to the market price if the apocalypse happened since Bitcoin is going to drop its market price to zero which has a very low chance of happening, I mean its already good as dead right. But still I dont even think that it is going to drop its price to zero even though there are some unexpected things happening like this solar storm, since there are already a lot of Bitcoin believers they would for sure see it as a big opportunity to invest every time the market price drops just a little percentage.
384  Economy / Gambling discussion / Re: Don't make use of what you disliked because you can't stay away from it. on: February 14, 2024, 11:45:22 PM
I opened a betting account today (don't have to mention) but when I bet on their virtual games, they don't have the kind of options I am expecting to see but only provides more like only 4 options which are home win, away win, draw and over. So I bet if I could win but luckily for me I won ×2 of what I deposited, then I withdrawed the funds and mailed them to block the account because I don't find anything suitable for my liken but they replied me saying they can't and I have to make use of the account until 90 days before they can block the account.
However, it's my money and they can't force me to use it, so they have to block the account. I see that the only way to stay away from the betting account is not to fund it again.
So can anyone force you to make use of what you don't dislike?

Are you able to withdraw the mother since you said that you withdrew the funds and then mailed them to block your account? If you already withdrew your funds then there was no problem with that for sure since you already withdrew your funds they are just saying that it would take 90 days before they can block your account, probably normal so you could think about it if you really wanted to block deactivate the account, I mean it's a gambling website you could make a lot of decisions base on your emotion so its probably there thing to have 90 days time.

There will be a problem if the gambling websites do not allow you to withdraw your money and then it would take 90days before you could withdraw it, at that time you could easily lose your money since that is probably what they wanted that is why they put 90days to hold your account first, That's a big red flag for sure, You should be able to deposit and withdraw your funds on the website at any time that you wanted. They just need 90 days for the account to be blocked then just dont play if you dont have a choice but after withdrawing the funds dont play on that website again.
385  Local / Pilipinas / Re: Philippines SEC will Ban Binance. Effectivity End of Feb. 2024 on: February 14, 2024, 09:24:12 AM
I mean for sure wala naman na tayong magagawa if ibaban talaga siya sa Philippines marami namang alternative tulad nga ng sabi mo hindi na rin naman mapipigilan ang Bitcoin at cryptocurrency dito sa ating bansa kahit na mabanned na ang Binance, siguro kung ibabanned ang buong Bitcoin o cryptocurrency dito sa bansa which is malabo naman mangyari dahil sobrang dami ng mga nagadapt niyan dito sa ating bansa na malalaking companya.

To be honest sa tingin ko naman ay hindi ito papabayaan ng Binance dahil na rin ang Pilipinas ay isa sa mga pinakamaraming users ng cryptocurrency so for sure marami din ang pwedeng mawala na user nila if mangyayari nga itong sinasabe ng SEC. Madali lang naman nila itong maaayos pero siguro ayaw din magpakontrol ng Binance sa government dahil for sure malaking pera din talaga ang involved sa mga ganitong tax.
386  Bitcoin / Bitcoin Discussion / Re: STOP telling people how much Bitcoin you have on: February 14, 2024, 06:32:51 AM
I just wanted to share a piece of advice that I learned early on from Andreas Antonopoulos (if you don't know whom this is, I highly recommend looking up his YouTube page and watching his videos and or reading his book Mastering Bitcoin) never tell anyone how much bitcoin you have.  Andreas use to say it's not our job to teach everyone we know about bitcoin, letting them know we own some "Let that be my job" he would say.

I see so many people that come around here sharing how much bitcoin they own...don't.  Just like any of your finances such as your portfolio or how much your annual salary is..it's no one's business but your own.  Being transparent about these things can be harmful to you in a multitude of ways.  As an advisor this is something I tell my clients all the time.  Your financial info is private and should always remain that way.  I hate these new social media trends where people walk up to strangers on the street and ask things like "how much do you pay in rent" or "how much money do you make a year"...ignore them!

Most of the videos that is like do these things like asking how much they are paying when it comes to their rent are really popular since people just are amazed that they are paying that much for just rent, probably depending on how good the location is, there are videos where they even tour the youtube to there own apartment which I think is fake or a setup because you wouldn't really let someone or a stranger at your own home that easily.

I guess people just want to actually brag on social media for sure just for the views or something like that they would really want attention these days, revealing this kind of information is going to boost their posts maybe.

Personally, I wouldn't really reveal sensitive information just for security reasons for sure, I mean we just don't know what people can do there are also cases of this where people could easily force you to take your Bitcoin or even your funds. It is for sure safe but if it is life-threatening already they could easily forced you to send a certain amount probably to the other wallet and you cant recover that fund anymore.
387  Economy / Gambling discussion / Re: Can a social or casual good guesser make better gambling prediction carrier? on: February 14, 2024, 05:03:47 AM
Funny enough my dear gamblers, something artrageous just happened within i and colleagues at work where we engaged on a "guessing and challenging game" daring ourselves in such a critical and lucky guesses.
E.G, *Guess where I am from.
 *How many kids do you think I have? 
 * How many hours/minutes do you think I drives from my house to work?
 * What high institution do you think I attended?
 * What is my 2nd childs shoe size?

These is a scenero of such game. Behold dear gamblers, someone in our midsts was able to make an exact 10 right guesses out of this challenge meanwhile others could even make count of a single right guess

This opted one of us to say to the champion that.... Oh wow, man, you are professional guesser. Maybe someone like you could be a professional gambling predictional.

I am concerned to ask, can such a person build a gambling carrier with such an excellent guessing prohibition? Or he should trash it all and believe that gambling predictions remains a game of luck?


For sure I think I watched a YouTube video about someone who is just winning at a gambling casino in Las Vegas to the point where he is getting a lot of invites and automatically gets to the VIP room every time because the casino wanted him to actually play hoping that he is actually going to lose his money in the process because he just continues to win on that specific casino.

So I guess there were just really some people that are just super lucky able to do it and continue winning through the games at the 100% win rate, but as we know it is just not that easy I guess it is for sure possible at least but it doesn't really mean that it is going to happen to you as well, Also the chances are just very low if you are going to think about that or risk money for that I would say that it probably wasn't worth it at all. Let's just say that it is possible but there are only a few people that are able to make it possible.
388  Economy / Economics / Re: Financial education and why it should be a priority. on: February 13, 2024, 11:31:56 PM
Financial education is a skill that is not been taught in schools, but to me it's the most important subject a man must learn in other to be financially independent.
This knowledge gives you smart money making decisions, and it improves your standards of living, It gives you priceless money management skill, you can't spend more than what you earn as a financial literate.
I still don't know why it's not been taught in schools up till now.
The  rich dad poor dad by Robert kiyosaki explain all what it entails and the stability it gives financially.



I agree that financial education is just one of the most important things that you need in your life, without having that mindset for sure it is going to be difficult for someone to save, invest or even achieve financial freedom, luckily I started learning financial things on a mentor and even on youtube there are influencers who teach financial education which I think is really useful, I apply it on my own finances and it really work, and I think it is probably the best way to achieved financial freedom.

I guess this is just what the government wanted, I mean the schools are already set up so that when you finish your courses you gonna end up having an 8 am-5 pm job which is not really going to work, since there was a study that no one actually got rich working this job, I really think that we are becoming a slave to this system, what we need is to actually break that system, like start your own business, create multiple sources of income, save a huge amount of your money, avoid using this credit cards since that is just what they want you to do to spend your money on things that you dont need. One of the best advice I get is just dont buy something that you cant really afford to buy.
389  Economy / Gambling discussion / Re: Have you ever introduced an elder gambler to online betting? on: February 13, 2024, 03:59:55 PM
I was thinking about my past experience with my grandmother when I was still starting in crypto industry and was getting familiar with gambling yet. Since I knew she was a gambling enthusiast (loved slot machines), I tried introducing her to virtual betting, telling it was an accessible and easy method to gamble from home with comfort and easiness.

So I opened a slots website on the laptop and told her to click the touchpad over the roll button, indicated by the arrow on the screen, to start betting. She did it for a while and had some fun when winnings were hit. In the end, I asked her what she thought about the experience and if she would replace the habit of going to physical casino by the virtual one, but she replied that it was too complicated for her to play online, and that she likes the contact with a physical environment where there are physical machines and other people to talk, so she could leave the boredom of staying alone at home to see traffic and flux of people outside the doors.

As you can see, it wasn't only about gambling, but also about interacting with other people inside a real gambling environment, besides the technological experience not being so rewardable when compared to playing at solid, palpable physical machines.

And you, have you ever successfully introduced an elder person to virtual gambling?

Same experience I guess my uncle as well do some kind of gambling but it wasn't really like the casino that you think of it was just some kind of betting on some games like card games, pool, cock fighting etc. But when he did see me doing online gambling he kind get interested in it ask me about it and how it worked, but I guess it was just too complicated for him to do online gambling and probably he just preferred gambling physically and with his friends for sure. What I actually observed is old people like him and even my parents doesnt really like the internet or anything that is high tech, He always thinks that something could easily go wrong, something like depositing money, he thinks that it can be stolen easily I mean I get his point because in the news there are tons of news related to internet or online like scamming, phishing and even news about stolen banks.

At his age, I guess all he wanted was just entertainment and fun, when he won a good amount of money on his gambling he always gave me money, It is probably safe that online gambling is for sure boring compared to traditional one, which is why most of the older people would prefer it since they really wanted entertainment.
390  Economy / Collectibles / Re: [FREE RAFFLE] 550 ฿ECAUSE I AM STILL IN A GOOD MOOD-CYPHER HODL LOADED BALLET on: February 13, 2024, 03:03:32 PM
58 - Asuspawer09

Thank You! Smiley
391  Bitcoin / Bitcoin Discussion / Re: A blog about someone planning to retire early with Bitcoin on: February 13, 2024, 09:39:02 AM
Theoretically, for sure this is a good strategy since you could possibly be rich in investing in cryptocurrency using the Dollar Cost Average, as long as you're going to hold and sell on a time high or higher market price in the future you could for sure still make a huge amount of profit whatever the case is. In my opinion, this is how you are supposed to be investing in cryptocurrency probably this is the way where you could easily minimize the risk in investing, compared to trading aggressively which you could easily lose a huge amount of money and do unsure trades every day.

For sure 4-5 Bitcoin is already enough for some people as retirement funds as long as they can still hold they could probably still sell it on a higher profit in the future, But still, there are always cases and risks involved in investing in Bitcoin since it is still not a guaranteed thing because the market price is so volatile and we don't really know if Bitcoin is still going to exist for even 5 years from now so for sure, So I would still probably invest on another kind of asset that is going to be a guarantee because that retirement money could easily disappear when something happened.
392  Economy / Gambling discussion / Re: Can Anyone +18 Play Gamble? on: February 12, 2024, 11:26:14 PM
Does gambling needs experience or anyone +18, even the inexperienced one can also play? Though playing gamble has a limited age grade or age bracket and the accepted is from  +18 years and there are some casinos hall at the door post, it is written clearly that it is only people of +18 can play. But what about the inexperienced ones, are they allowed to play gamble as well? Or they are also restricted to have the fun? In my observation, there are two elements to participate in gambling. One, you must above 18 years in my country and secondly you must have an experience to play, so I want to know if inexperienced people can also play gamble.

This wasn't actually about anything about the experience or anything about that or something probably they just relying on the legality of their country since in some establishments or gambling casinos the minimum legal age is about 18 years old because might be mature enough to think or make some kind of decision on there self. 18 in a lot of countries is what is considered as an adult so this is probably the right age requirement for something like a casino.

Also, gambling is just not for kids, What I know is it is more likely for kids to develop some kind of disorder if they are going to gamble especially at an early age, if kids are going to be allowed in casinos I guess they have higher chance to get addiction, I mean they are just not mature enough to understand this kinds of things when I was a child I could easily get addicted to some kind of gambles, something like pool, video games with money involved.
393  Economy / Economics / Re: A course worth studying ? on: February 12, 2024, 11:07:28 PM
So, I watched a video recently where the guest speaker said, that if he gets the opportunity to advise teens in high school he would tell them not to study economics, and it made me scared because I'm studying economics. So, it was like... ' Did I make the wrong choice or something? '. Moving further in the video, I realized that what he was saying and explaining had already been said by my economics lecturer before.

"Economics is a day-to-day practice and is an easy endeavor made difficult for study reasons", he usually said. Watching the video to the end, I asked myself, "If I had the opportunity to go back in time would I pick another course to study? " And the answer was ..." No". And if I have the opportunity to advise any high school student about courses to choose... I'd say "Economics". The more people learn about even basic economics, the better the economy of countries.

So, if you had the opportunity to advise people about courses to choose In University, what would it be and why?

Let's be honest here there are some courses where when you finish something like Law, Engineer, or Doctor is for sure going to be a huge pay when it comes to salary compared to other courses and it is true for sure it happened, Still, I wouldn't say that you need your diploma first if you actually want to be rich something like that because I've seen a lot of people or probably most of the rich people I guess didn't really finish there diploma.

We could probably just say that there are some courses that didn't really have good opportunities or doesnt have a good salary in some courses, learning Economics for sure is a good course and probably there are only a few people who actually finish it compared to other courses that are why they are probably in-demand in some areas.

I guess if you're going to choose any course, I could easily recommend Tech related courses like Information Technology, software engineering, Web developers, Programming, etc. Since technology is always evolving you could easily land on a good paying job as long as you have the skills, I would say that it is probably very difficult for some people since you always need to keep on learning new things just to keep up with the technology, considering we have Blockchain Technology, I've seen a lot of projects related to Solana network something like that could also be an opportunity.

394  Bitcoin / Bitcoin Discussion / Re: What about the lost BTC? on: February 12, 2024, 10:21:26 PM
Bitcoin has a limited supply and we just can't change that anymore whatever we do, If we could easily compensate for the lost Bitcoin in the wallets, and then give it back on the supply in the market that could have a huge effect on the market and it just means that the Bitcoin supply increase which is not possible, Also that's what makes Bitcoin unique having a limited supply and one of the reasons why it has a volatile market price in the market if you have lost Bitcoin then sorry for your lose, it's your fault losing that seed phrase, it cannot be recovered anymore. For sure it is going to break Bitcoin if we are able to completely change what Bitcoin is including the supply of Bitcoin itself.

On the other hand, losing Bitcoin means it wouldn't be moved in the wallet anymore meaning the supply just decreased increasing the market value of Bitcoin since the supply is limited, it's not totally a bad thing it has both negative and positive effects on Bitcoin I guess.
395  Economy / Economics / Re: keep pleasures without incomes aside and Chase after profits on: February 11, 2024, 05:48:19 PM
I am not financially stable yet, so I am very much grateful for the appreciative increments in the Bitcoin market (bull-run) on going, I decided to cancel our marriage anniversary celebration because I insighted that there is more to gain In my continues hodling while the markets skyrockets than selling off my hodled coins just for ceremonial pleasures which can not profer me financial returns other than consuming the ones saved.
Now, my wife seized not to understand what my logical points about this are because she is not the one providing for the family.
As a woman she is, I clearly understood that they are attracted to pleasures especially on activities that attracts public attentions. These species of humans (women) fails to understand that it is money that afford those pleasury materials and activities they craves for which one has to utilize himself logically in economical situations so as to create financial balanced system before chasing after those financial consuming activities without the potentials of yielding incomes.


I mean something like a marriage anniversary is something that you should celebrate at least since it is only going to happen once a year. But I get it that you just continue to hold saving it for a higher profit next time for a higher return, I could probably take that unless it is a wedding, and if that's the case since the wedding is probably just going to happen only once on your life so you should at least do some preparations. But yeah being practical is for sure a good thing that you do here, You actually right for sure we should just keep the pleasures and set them aside for now if we still doesnt have the funds for that, It is like dont buy something that you can't really afford, it was just pretty simple right if you can't afford something just dont buy it yet until you can afford it already. I mean it was still going to happen it was just delayed since you just aiming for a higher profit right, it just meant waiting for more profit so that you could get more profit meaning that could probably be a more luxurious wedding anniversary celebration.

Personally, I would just do savings before even starting to invest in cryptocurrency because of this reason, if you invest in Bitcoin without having a financial foundation like savings, emergency funds, insurance, etc. this is probably what going to happen to you, waiting for the right moment to sell on the market, if you having the urgency to sell it is more likely that you are going to have the wrong decision, but if you have savings something like that there was no need for you to sell your investment you could easily hold for years, then still having the funds to do the celebrations because you have savings etc.
396  Local / Pilipinas / Re: Marvin Favis na scam? on: February 11, 2024, 05:01:13 PM
Di naman talaga yan expert kundi influencer lang. Noong narinig ko interview niyan na sinabi niya na may 100% winning rate daw at para lang daw yan talaga sa kakilala niya, tingin ko yan yun. Na-scam sila at alam naman natin na kapag trading ay walang 100% kaya mas mainam pang magsarili ka nalang maghold ng sarili mong holdings at wala kang maagrabyado. Mahirap magtiwala sa mga ganyan tapos yang mga kasama niya ay mga viewers lang niya din na nahikayat maginvest. Posible nga na baka siya din may pakana niyan tapos nagplay victim lang siya, hindi natin alam kung ano at paano ba talaga pinaggagawa ng mga yan. Mas malaki kasi kitaan nila sa panggogoyo ng kapwa kaya huwag masyado maengganyo sa mga pasosyal at mga figures na pinagsasabi ng mga yan.

Medjo sikat nga na influencer itong si Marvin nakikita kita ko din naman siya sa Facebook pero di ko lang sure if marunong or magaling talaga siya na magtrade ng cytpocurrenyc pero kung ganyan pala ang mga sinasabe niya nangangapagtaka naman for sure alam naman niyang walang 100%, Isa pa sa pinagtataka ko dito at lagi ko naman itong sinasabe sa mga traders na gusto rin magtrade ay huwag na huwag kang magtitiwala sa tao for example magiinvest ka sa kanila para sila ang magtrade para sayo, ang lagi ko talagang sinasabe sa kanila ikaw mismo ang magaral ng trading at kapag marunong kana ikaw mag magtrade ng sarili mo para na rin maiwasan ang mga ganitong cases.

Ang pinagtataka ko lang talaga kung marunong naman pala sila magtrade ay bakit pa sila magpapatrade sa iba at magiinvest sila sa isang tao na mahusay magtrade, I mean andun na tayo sa sinasabe nila na mahusay nga daw magtrade itong si John Erwin pero kahit naman ganun aware naman siguro sila na kahit gaano ka pa kagaling sa trading ay hinding hindi mo mapepredict ng accurate ang galaw ng market dahil sobrang daming factors parin talaga ang nakakaapekto sa paggalaw niya so may mga time talaga na matatalo ang trade mo.

Tulad din ng sinabe nila nagtransfer rin daw sa tradisyonal business si John Erwin which is yun ang ayaw nila dahil naginvest sila para sa trading, siguro napressure na rin itong si John Erwin kahit na totoong magaling talaga siya magtrade lalo na at sobrang taas ng return na pinangako niya sa mga investors niya, ang mali niya talaga dito masyado siyang nafocus siguro na kumuha ng investors hindi niya inisip ang long term, kung iisipin mo 30% per month return dba parang imposible na yun in the first place siguro lang talaga kung palagi kang panalo sa trades mo, pero at some point matatalo rin yan for sure, baka nga masmadami pa yung talo pero sa panalo pero nababawi lang. Kaya ang mangyayari talaga pyramid scheme pinapaikot lang ang pera then kawawa ang huling papasok.
397  Bitcoin / Bitcoin Discussion / Re: Could bitcoin become extinct? on: February 11, 2024, 04:34:31 PM
What are the chances of bitcoin going extinct?

There is always the possibility of Bitcoin becoming extinct and probably not going to exist anymore more like dead coins in the market, but as we can see in the market today it is probably not going to happen since cryptocurrency is just getting more popular as years pass, so it could probably say that it is going to last through the whole year. I mean the fact that Bitcoin could easily disappear, and the market could easily drop its value due to its volatile market price, is just what makes Bitcoin a very risky investment, we dont really know what could happen, after 5 years maybe Bitcoin is not going to exist any more war could easily start and we dont know how it is going to affect the market right.

Because of that just dont put all of your money or bet it on only on Bitcoin always make sure to have a plan B, and make sure to have a financial foundation first before even starting to put your money on risky investments like Bitcoin or cryptocurrency.

398  Economy / Economics / Re: Why we should prioritize investment over saving on: February 11, 2024, 03:55:43 PM
Saving our hard earned money have never been a bad idea, but their are certain things we need to consider before thinking of saving, such as inflation.
Inflation is truly the real enemy to every money that is being saved up, because when the time is right like a year time, when it should be used for it purpose, the value wouldn't be as how it actually was when you started saving it, but on the other hand, if we have been investing that money into Bitcoin, land or gold bit by bit, over the course of a year, the value of that your investment would have added additional value compared to our savings that will be eaten up by inflation.
So too me we should think of investing more of our money than saving it, so that  inflation wouldn't eat it up.

Not too fast in my opinion, I get your point here about why investment is better than saving just because when you are saving money your money could easily get eaten up by inflation lowering its value through the years of saving up. But for me, it is still better to build a financial foundation first before even going and investing in something like Bitcoin or cryptocurrency something like that, because if you dont really have the financial foundation to start your investment could easily crumble and you very vulnerable on making the wrong decision something like you end up selling your Bitcoin just because you just needed the money since you dont really have something like savings.

For sure Bitcoin is a huge investment and over the years we surely already earned a huge amount of profit through years of investing but it is still a very risky investment and it wasn't guaranteed that Bitcoin is going to still exist after 5 years for sure it could easily disappear if you doesnt have a backup plan after than then you just lose everything, For me it is better to prioritize savings make sure to do savings, emergency funds, insurances, etc. before even starting to invest to something that is very risky like Bitcoin so that you always have that plan B, as well as it, is easier to HODL for the long term since you have liquid money that you could use instead of expected return to your Bitcoin investment in just a few weeks or months.
399  Bitcoin / Bitcoin Discussion / Re: Struggle now to invest in Bitcoin for a bright future. on: February 11, 2024, 08:02:32 AM
For sure I mean life is hard and not fair for sure, so if you are not really going to do anything or you are just lazy nothing is actually going to happen, in my country salary is actually one of the worst things because the minimum salary is around almost 300$ a month which is not really a huge amount considering you work 8 am-5 am a day five times or 6 times a week, Considering you graduated a 4 to 5 years course on Collegeright.

So we actually need a source of income and if we are not going to find one it is surely going to be hard, but I guess most of the time the problem is just the mindset of the people not having the financial mindset and doesnt really want to save or invest for the future and just wanted to buy or spend everything that they earn. I realize this since a lot of people keep on buying things that they dont really need, to the point where they even start to use credit cards to buy something like an iPhone considering they already have a very low income. When I learned this kind of and applied it, I could say that it is actually easy to save and invest your money, also there are as well other ways to earn something like a side hustle, I mean for sure you need to do the extra work if you're just a minimum wager in order to earn more and get the money for investments and savings, then aim for assets that could possibly earn you a passive income.
400  Local / Pilipinas / Re: Paparating na ang bull run na kumita kana ba? on: February 11, 2024, 07:31:24 AM
Sigurado marami nanamang hype sa movement sa market lalo na yung mga baguhan pa lang possible talaga na mahit ng FOMO lalo na sa mga baguhan sa trading ang Bitcoin o sa cryptocurrency, lalo na mabilis ang galaw ng market price naten ngayon yung iba jan magiinvest na agad ng sobrang laking pera dahil possible naka bili sila around 40K$ then biglang pumalo ng 48k$ sa panahon na ito talaga delikado ang maginvest dahil sobrang laki ng ginalaw ng market possible talaga na bumagsak na lang yan bigla lalo na at sobrang bilis ng galaw parang bubble market nanaman ito sa tingin ko, To be honest naman sa tingin ko ay hindi pa ito papalo sa all time high lalo na at malapit na tayo sa Bitcoin halving event so ang iniexpect ko talaga ay babagsak pa lalo itong market price naten siguro hype lang talaga ang market dahil malapit na ang event pero sa experience ko babagsak pa lalo yan kapag narelize na ng market na hindi ganoon kalaki ang impact ng halving, o hindi ganoon kabilis ang impact neto kaya maraming magsesell lalo na kung sobrang taas na talaga ng presyo lalo na ngayon kahit ako parang gusto ko magsell ng maliit na percentage ng holdings ko.
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