We all want to save money, but it's not always easy.
There are so many things that tempt us to spend, unexpected bills that pop up, and it can be hard to make ends meet.
How do you manage to save in a world that encourages spending? Let's talk about it.
Share your ideas, tips, and stories about saving money, and together, we can figure out how to get better at it. (We will also draw valuable lessons from the mistakes and experiences of others.)
One best things is to make your needs the subject of your wants. Oftentimes we buy things that we don't really need and just go to waste. Also, save money in a way that you are not depriving yourself. Some don't eat lunch or dinner just for the sake of saving a buck for a day. It's not healthy. If that's the case, you won't stick to that and miss your savings because you cannot actually afford your savings in the first place. You can simply earn more money. Yeah easier said than done. You have to earn more money whether through business, another job, or side hustles. Then after saving enough, level up that by putting it on an invstment. By making the needs we have to fulfill in line with our desires, of course this will really help us in terms of saving on the expenses we incur because if we have a lot of desires and we can still postpone having them then we will have difficulty in managing the income we have, if We have a lot of income, maybe we don't realize it, but if we only have enough income for our needs and we use it for our desires, of course we won't be able to meet the needs that we really need to fulfill. If we can get more income according to what we want, maybe it will be easier to manage the expenses we need. You are right that it is very easy to say that we are looking for additional income outside of the job we have, but it will be very difficult to carry out several jobs at once and if we are not consistent in doing so it will certainly make us experience losses that we will incur. |
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I think nearly all fellow forum members here will at least make 3x in next halving and bull run through Bitcoin and better altcoins. Its pretty much safe guess. But issue here is to make more money before halving through other methods as Bitcoin stalls a bit. If you invest into Bitcoin at the right time you would make more because your initial investment will be bigger. That's why people mainly look for other methods instead of focusing at nearly guarenteed 2x through Bitcoin.
Yes, you are right, everyone who has made an investment has certainly thought carefully about when is the right time to buy it and take advantage of what they invested, of course they have different methods from others, but in essence they will continue to double their investment to be able to get even greater profits, but we need to see when is the right time to add investment from the profits we have previously obtained so that we can still get other profits. |
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That is a big mistake that many traders make, they try to impose their own views to a market that is unpredictable and chaotic by nature, and when things do not go according to their plan instead of adjusting their strategy they blame the market, the whales or the exchanges for their plight, when it is their fault they are in such a difficult situation, but even then they can still make the right moves and recover their money, but only if they are willing to acknowledge their mistakes and change the way they look at the market.
When making a prediction on a market whose nature can change at any time, it would be better for us to really know whether the decision we have made is appropriate for us to use or not, but if we use it and it does not work according to what we made then we must can adjust or find a way to solve it well, we can't blame the market. You are right, they will be able to restore their capital as long as they admit the mistakes they have made and study them well so as not to repeat the same mistakes again. |
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Yes, that is a good choice, but sometimes gamblers will become emotional because their winnings are lost and all that is left is capital money, the remaining money is not cashed out but continues to play until finally the capital money runs out.
It is indeed very difficult to control our emotions after we get a big win, even if we miss out on not withdrawing the capital we have first and what is even more painful is when we lose again and we have to take out other money to gamble and this will continue as long as we still have money to play. gambling and only realizing it after all the money we have is used up for gambling. I think there are many ways and tricks to manage finances in gambling and gamblers know that playing too long will usually make us lose our luck but they keep playing until everything is lost. However, most gamblers are greedy and emotional so they don't learn from previous losses
Everyone who gambles and never learns from the losses they gamble will find it very difficult to control their emotions when gambling and of course this is not very good for maintaining their income and they will not be able to meet their daily needs. |
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However, if a trader has a great willingness to learn, of course the mistakes he experiences will grow his knowledge and skills. Maybe it would be different if a trader didn't get personal development from what he had done. If it continues like that then what happens will not be much different from consecutive losses.
for those who are serious about learning, they will do a lot of studying rather than trying at the beginning. so they minimize the risk of loss. Don't just keep trying trades even if you lose money, that will just be a waste of money. but how do they study shortcomings and try to find the best solutions that can be used to gain profits.
everyone learns, and anyone who doesn't give up on learning the trade, will definitely thrive.
Correcting the mistakes we have made in trading will enable us to take the right decisions when trading and we can learn from the mistakes we have made, those who cannot learn from the mistakes they have made will cause them to experience a lot of losses, so it will be more It's good to look for friends who have experience in the field of trading to ask them to teach them how to trade to reduce their risk of failure. Trying what has been learned is natural, but we have to set limits in trying it so that when we experience a loss we are still able to fix it and find a solution to solve the problem and use the problem as a lesson so as not to repeat it again in the future. You are right, by studying it consistently it will certainly enable us to develop in the field of trading that we do. |
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Köpeklerin sahiplerine karşı çok dost canlısı oldukları doğrudur.Köpekler uzun zamandır sahiplerine sadık, her zaman bize eşlik edecek ve onlara bakacak evcil hayvanlar olarak biliniyor. Şehrin sevdiği evcil hayvanlara bakmak gerçekten daha heyecan verici olacak. Onları eğitebilir ve bağlanma becerilerini geliştirebiliriz. Eğer onlara kürklerini temiz tutmak, tutarlı bakımla güzelleştirmek, onlara sevgi ve zaman vermek gibi fiziksel bakım sağlayabilirsek birlikte köpeğinizle duygusal bir bağ kurabileceğiz.Elbette her köpeğin farklı bir kişiliği ve ihtiyaçları vardır, bu yüzden onlara bakım yapmadan önce onları anlamak çok önemlidir.
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Watching these YouTuber 'technical analysts' is like witnessing a comedy show. They just scribble lines on a Bitcoin chart and act like they're gazing into a crystal ball. But the reality is, they're about as accurate as a broken clock right only twice a day.
Just because someone has a YouTube channel does not mean that they really know what they talk about. Most actions on YouTube is for views. There are many viewers that they are able to fool that they are making good analysis and these people that are fooled end up subscribing and following their channel which is basically their major aim as YouTubers. Some Youtubers are good, but you have to be extra observant and vigilant to be able to spot and differentiate between the real, and the fake and acting. You are right, there are some people who do this by making various kinds of analyzes that are not based on their understanding. They only study the number of views to increase their income, not to make people understand more about how to play crypto. So I think before we choose a YouTuber's channel, it would be better for us to have a basic understanding of crypto so that we don't make a mistake in choosing the channel that we will follow the analysis they make. |
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This recession is actually really felt if you live in the lower classes. But it doesn't feel that way if we are in the upper middle class. Because usually the middle and upper classes already have preparations to face a recession. Because usually they already have emergency funds and such. In fact, they also had investments in various things before the recession occurred. And they also have sufficient cash savings. One thing that high-end people may complain about is the lack of customers in their business.
The middle class tends to be more frugal when a recession occurs. But they still have a comfortable life because they already have quite a large income from the start. In contrast to the lower classes, even before the recession occurred, they were already having difficulty surviving. They struggle every day to buy daily food. They are eager to make preparations but the money they earn is not enough to save. their income is just enough for their living expenses that day. So for the lower classes everything will be more difficult. They have experienced difficulties from the start and with the addition of economic crises such as inflation and recession, they have even more difficulties. And very few people pay attention to the lower classes and even government assistance rarely reaches them. Even if it arrives it is no longer intact.
Yes, you are right that those who are most affected or who suffer the most when a recession occurs are poor people. Because they don't even know about the Recession but they are the ones who feel the most difficulty in the recession. Meanwhile, rich people even receive information much earlier about when a potential recession will occur. So the rich people started making preparations early. Meanwhile, poor people don't even understand the term recession. All they feel is that life is becoming more and more difficult. So they don't have time to make preparations and even if they were informed from the start I doubt they would be able to make preparations. Because for them, even in normal economic conditions, it still feels difficult. So when a recession occurs they will definitely have more difficulties. That's very sad. But we can't do anything about that. Indeed, poor people will really feel the impact of the recession because they will have more difficulty meeting their needs compared to before the recession. For those who know when a recession will occur, it will be easier for them to prepare their funds to be able to face a recession so that they will not feel worried whenever the recession occurs. So whatever the current situation, it would be better if we knew how to manage finances and prepare emergency funds so that when a recession occurs we can still meet our own needs. |
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Up to your hand. First of all how much extra money have your pocket. If you invest 100$ in a week and no extra money in your hand then how you can manage your life? The price of crypto totally unstable so profits chance totally luck. There are many people giving buy store advice but no one can recover your loss assets.
Definitely you should always divide your earnings proportionately and invest some portion of it in some sort of investments. It will be completely foolish decision if you put all your earnings in investments and dont have any money for the monthly expenses or emergency funds. Now regarding OPs question, then definitely if the coin has potential, like BTC and ETH, then definitely you should accumulate it in the regular basis and hold it. You will definitely make tons of profits during the bull season, if you buy from now on. If we invest all the income we have then we will not be able to meet the daily needs we need and to get investment profits we need to wait some time to get a profit. Using some of our income to invest, I think this is a good thing to do to be able to get additional income from the investments we make. You are right that buying it regularly will be very good for making profits and we have to be patient in waiting for that time. |
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Almost everything nowadays has to be exchanged for money, it cannot be denied anymore that the role of money is very important, social values which when I was a child were very easy to find are now increasingly rare and difficult to find a social life that helps each other, money can really make anyone become a king because with money everything you want can be easy obtained.
Yes, currently money is very valuable as a medium of exchange because no matter how small the work we do, we will of course ask for wages for the work we do to be paid in money, so at the moment there are very few people who have social feelings with their neighbors. is greatly reduced because they have to think about themselves and it's not like before, everyone can easily help each other with anything. You are right that now those who have a lot of money will find it easy to do anything because many people will want to help them because the people who help them will know that after they help them they will definitely get a reward from that person. |
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Society kills many students. If a student is unemployed for a long time after completing graduation, then the society starts various bad comments and criticisms about him, due to which the boy goes into depression and because of not getting a job after completing graduation with so much difficulty, he may choose a path like suicide. Then in every country such undesirable events happen regularly. This rate is much higher in Middle Eastern countries and developing countries. If a student completing graduation is encouraged, not pressured, and asked to think creatively, I think he will be much stronger mentally. Education teaches for its own sake, so we have to get rid of the idea that we have to work. I don't see anything wrong with trying to set up a business after completing graduation. Those who do not get a job after completing graduation should do something by themselves instead of listening to what the society said, only then it is worthwhile to study.
Not being able to get a decent job after completing your education will indeed make you depressed, so those of us who are unemployed certainly don't have the motivation to do anything, they won't understand how difficult it is to find a job after completing their education, so they continue to insult them. You are right, there is nothing wrong with those who have completed their education to start a business, even if the business they are building is not in line with the education they have received, at least this does not make us depressed, in other people's words, we are still busy and that is more beneficial for us. |
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> should I show my family my seed phrase ?
> If I die who will take over my bitcoin since nobody knows my seed phrase?
So I'm asking if it will be good to show any of your family person your seed phrase or should we keep having the secret of your seed phrase personal.
People do not live forever and death also has no time. Anything can happen at any time. We all should save the seed phrase we have and share the seed phrase or keys with family members. One should select people whom he likes whom he can trust and then inform him of those things. This is something every crypto user should do to avoid losing that money in the future. Since everyone has to die, there is no way to ignore it. You should give all your secret keys to a trusted person as soon as possible. Keep in mind that if no one knows your seed phrase, your asset has no value after your death. We all don't know when death will happen to us and death will definitely happen to everyone, so I think it is important to tell the phrase to the people we can entrust it to lest what we have collected can still be enjoyed by the people we entrust it to. and we are not wasted in collecting it. If we choose not to tell anyone about this and we experience death then it will be very detrimental to what we have accumulated, no one will be able to enjoy it. |
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When people start up a company, they give it some years before they expect profits. Most times they even re-invest their profits to expand and build their company to the standard they desire and this requires time. Furthermore, when people buy stocks of a company or make investment in businesses, they give it time which run into years before they expect profits.
Unfortunately, when people buy Bitcoin, they expect huge profits within a short period of time. This is the source of panic and fud that is exhibited by many Bitcoin investors.
While educating people about Bitcoin, I think it is wise we tell them Bitcoin need time to yield profit, let us change our approach in sharing Bitcoin knowledge so that people will not come into Bitcoin with the mindset of get-rich-quick.
The fault is not only of the investor. There are many other elements involved like media, general perception, whales and other things. Like media has created lot of hype around bitcoin. When bitcoin price increases and reaches mark like 20k , 30k and so on, it is all over the news. Thus the new investors who come are there with the hope that it will reach next mark soon and they will be in profit. But this type of thinking will result in huge losses most of the times. So it would be very good before starting to invest, it is necessary to have an understanding of investing in Bitcoin, don't just look at the media news because you could make a wrong decision, but it is necessary for them to directly ask those who have experience in the field of investing in Bitcoin. If they do it only based on knowledge of the media, there will be very little chance of surviving the investment they make and there is a very big possibility of losing the investment they make. |
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Well, no matter how good we are at a certain point, expect that the risks will always be there. Maybe you said there are zero risks because you chose to take calculated risks, but still risks are risks, and it will always be present until you overcome them.
Volatility is what makes trading more risky to take. But we should also know that if theres no volatility, the market will be boring to trade as there will be no exciting price surge that really motivates to keep trading the best way we can.
Calculating the risks that we will take will be very good for gaining profits and of course can only be done by those who have experience in this field so that they can make the right decisions in order to reduce the risk of loss from investments. You are right, with volatility this does not make us bored in monitoring market price movements and we have to be very careful in making every decision we make. |
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Yes, it's true, there aren't many agricultural countries, but what is worrying is that many of those who live in agricultural countries still work as farmers, not much attention is being given to the younger generation, even though during this pandemic the sector is very influential, it's just a shame that the government is only looking at This sector is one-sided, there is no significant stimulus from the government in the agricultural sector, fertilizer prices are expensive, and the government does not want to buy the harvest (hold), making it difficult for many farmers to market their harvest. if there are buyers, they buy at prices so low that they don't cover expenses.
Because state leaders do not side with farmers, they cannot control prices and seeds/fertilizers and medicines are handed over to the market so prices are not in favor of farmers. The government should guarantee the facilities provided to farmers and control everything, that way farmers will feel that agriculture has a good future.
The lack of awareness of the younger generation towards the agricultural sector in an agricultural country will be very detrimental because they have large areas of land that can be used in the agricultural sector and this requires efforts to develop the agricultural sector from the government to educate the younger generation so they can take advantage of the opportunities they have. If the leaders of an agricultural country do not think about the agricultural sector, those who are in leadership have made mistakes and have not thought about their society so that they only get a small profit from their agricultural products. |
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A lot of questions have no answers, but only a few have the right answers to 95% of some questions. Well, let me start with trust. Can you trust a person, either a friend, family or a relative, with 100% complete trust? Let me answer myself first? NO I can't. I can't trust anybody fully 100% anymore because I have seen some though cases. However, almost all of us here have a fiat bank account and some of us have what we call a personal identification number, which refers to an ATM pin that we use for withdrawal or sending funds out, so the question is a bit simple: WHO DO YOU TRUST WITH YOUR BANK ATM PIN? if you have a person that you fully trust with your ATM pin, can you also trust that same person with your seed phrase? Trusting your friend or family member means you give your own control to him and the secrets are not only yours now but without trust you can not go ahead and you have to trust the persons who are coming into your life whether they are in school, work or somewhere else you have to be cooperative. But in the case of ATM pin or walled seed, you do have not to trust one person even your brothers because money(greed) can change the view of their thinking. It is very risky and you don't know that he or she may keep it save or use it against you and my thoughts in this is to just rely and trust on yourselves not on the friends and relatives and the relatives are more dangerous  they always looking for your weakness. So from regretting, it is good for not trusting humans as humans have a greedy nature and this last sentence I think is enough for the justification to not trust friends, family, or relatives. Before we choose to trust someone, it is better for us to first see what the person's character is, whether it is appropriate for us to trust him or not, but if it is related to the ATM pin, then I will never tell anyone except my parents because if someone My parents take the money I earn, so I will not be angry as long as it is used for my parents' needs, but if it is for other people, but if I give it to relatives or friends, then if the money I have is used without my knowledge, of course I will be angry and this will be a problem. which is not good for friendships, it would be better if I didn't tell my friends. |
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I sometimes felt tired, to be honest. I sometimes lost my patience and sold myself emotionally. But not now; I have improved my knowledge and experience day by day. Now I invest only what I can afford to hold for longer. So I shouldn't sell at any point.
I'm surprised you state it. I guess a person at your level, will never feel tired.  Agree. As long as we only invest in the amount that we afford to invest, we won't hurry to wait for the selling time. It will feel very long time if we use loan money or our main money. It is because we need to secure the money as quick as possible. We know it will bother our life if we fail. There are many things that will put pressure on our investments and they don't just come from borrowed money. If you suddenly need a large amount of money and have no way to manage it, you will immediately think about your investment. And sometimes life's pressure will make us impatient and tired when things don't come at the right time. It can be said that pessimism, fatigue, pressure... sometimes it will happen to us in daily life but that does not mean it will defeat our original goal. So before we make an investment, it would be better for us to use money that is not used and if we have unexpected needs, then we don't disturb the investment we have. Indeed, we can't know about unexpected needs, but if we can still handle it with other things, then we it is better not to disturb the initial goals we have set. I think everyone who invests has certainly experienced something like this, but it really depends on a person's personality as to how they resolve it so that they remain on track with their investment goals. |
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