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41  Economy / Trading Discussion / Re: Earning online more preferable than offline? on: May 18, 2023, 08:04:33 PM
Trading undoubtedly has benefits and drawbacks of its own. Even though we always make a lot of money when our trades are successful, you should constantly be aware that there is no assurance you will consistently make a profit. Trading today will likely result in large winnings, but tomorrow may see you slowly begin to lose those gains once more. Therefore, there is still a large danger of losing money, especially if you are a novice trader with no experience and training. Trading is a nice side business for me, but it will never be stable enough to be your primary source of income.
42  Economy / Economics / Re: Is the US default a reality? on: May 18, 2023, 08:02:06 PM
Although I don't think it's just propaganda, I also don't support the default. Money printing and raising the debt ceiling are always risky, and something needs to be done about it. Unless there is a perceived serious threat, things often remain unchanged. Therefore, I believe that the default rhetoric is intended to focus on this significant issue that unites citizens and their political representatives, pushing for greater financial transparency from the government and ending the reliance on borrowing more money (even though in this particular circumstance it may be the quickest or only solution). Even if they are toying with fire, the US will be alright.
43  Economy / Economics / Re: Are we headed to a nowhere economic direction ? on: May 18, 2023, 07:59:55 PM
The days when we all relied solely on natural resources to thrive are long gone, and the world is transitioning to a digital economy. The government made money off of those resources, therefore the natural bounty was not greatly enjoyed by the people. I see a future in which everyone's brain has been implanted with knowledge about our natural resources. Ideas should be generated by individuals to improve their finances and the economy. Spend the money you have wisely if you must. If you require quicker returns, and if you are skilled with advertising, you can spend the money in affiliate marketing. It doesn't make sense to keep the money in the bank, and occasionally I think it's a waste of time. It's preferable if you spend the funds to advertise a successful product.
44  Bitcoin / Bitcoin Discussion / Re: Third graders and Bitcoin on: May 18, 2023, 07:57:09 PM
It is perfectly acceptable for third graders to comprehend bitcoin technology. Knowledge gained in school is not a reliable indicator of intelligence or brilliance. There are some people who work extremely hard in school to rank at the top of their class, but they have low IQ scores overall. Anyone can succeed in life and become wealthy despite being in the third grade. The best students are not necessarily the wealthiest students. Because bitcoin technology is not graded in a classroom, anyone can be interested in learning about it and investing. It is best to test your children's IQ at a young age.
45  Bitcoin / Bitcoin Discussion / Re: Bitcoin is "dying". on: May 18, 2023, 07:52:29 PM
Yes, there is a fundamental truth in what you say, but what you say occurs because, as always, man is greedy and has not thought about accepting Bitcoin to solve a problem but has welcomed it to line his pockets, despite the fact that the withepaper's first few lines express the idea of what Bitcoin is. However, it is not true that you have to do the KYC in order to exchange Bitcoin; instead, just understand what the true problem that Bitcoin solves or the peer to peer, and then why shouldn'  Do you truly want it, though? Really, do we want to trade digital scarcity for a sluggish limitless Fiat?  And once again, yeah, Ledger has made a mistake once more, but there are many more effective solutions. Don't be deterred by the users above; many businesses are here to achieve what Bitcoin was not designed to do: make money.
46  Economy / Economics / Re: Financial education or 1million dollars on: May 17, 2023, 09:26:48 AM
The fact that many of these occur in our reality is not very clear. There are those who, if given the money, would know exactly how to use it and make it work for them. However, other people will be given a whole lot and won't be able to do anything with it. As far as history goes, this is as old as man himself.
Uninvested money is squandered money. Money runs out, and if you aren't earning any regular income, even in small quantities, you will eventually go bankrupt. This will only become apparent when you are approaching close to your breaking point.


47  Economy / Economics / Re: Do you spend more-do you get more? on: May 16, 2023, 10:30:30 PM
My understanding is that the more money you spend, the more likely it is that you will be aware of the costs of the items on which you have spent it. For example, you are aware of the existence of foods that are significantly more affordable while maintaining the same quality because of your spending. If you continue with your current products without realizing there are better options available, particularly in terms of pricing, you won't be able to save money.
48  Bitcoin / Bitcoin Discussion / Re: You are still very early on: May 16, 2023, 10:21:00 PM
For the long term, yes. I've been obtaining some altcoins to build up profits for my bitcoin investment. Since its multiplier is considerably better than bitcoin, it's not terrible to dabble with some alternative currencies. That's what I do. Even if someone were to advise me to avoid alts, I couldn't be convinced to concentrate just on bitcoin as I am aware of how much easier it is to make gains on alts than on bitcoin. I'm not a whale, therefore I'll merely find a means to increase my meager funds before concentrating on an expensive bitcoin.
49  Bitcoin / Bitcoin Discussion / Re: 2.4% People from Bangladesh Hold Cryptocurrency on: May 16, 2023, 10:19:22 PM
It's great that some individuals even understand cryptocurrency and use it. The number is extremely astounding considering that cryptocurrency use is prohibited in Bangladesh, where I even recently heard in the news that authorities there often detain locals who have cryptocurrency wallets.
Cryptocurrency will keep rising in value as long as more people learn about it and discover it to be a better or safer sanctuary than banks, where they can retain or invest their money without worrying about other people or government authorities probing.
50  Economy / Trading Discussion / Re: Can copy trading be profitable on: May 15, 2023, 02:48:25 PM
I studied about copy trading to gain a better understanding of it and to see what study was done on it. It seems to be a reasonable approach, but because individuals tend to believe those whose trades they follow, it encourages them to take more risks. I wouldn't say it's a simple and reasonable expectation, though, because nobody can promise any profits, and 1% per day adds up to a significant amount each month. Losses can occur in addition to victories, and maintaining a winning streak is difficult even when emulating an expert. I don't believe it to be true, and for me, the risk outweighs any potential advantages.
51  Bitcoin / Bitcoin Discussion / Re: Internet is one limitation of bitcoin on: May 15, 2023, 02:42:30 PM
It is logical. In spite of the fact that older people may still be capable and ready to work, ageism in the workplace is a serious problem that can lead to forced retirement. It's crucial to balance experience and productivity when weighing the advantages and disadvantages of keeping older workers on staff. While experience can be extremely helpful, it's also critical to understand how physical and cognitive aging might impact work effectiveness. To accommodate older workers and maximize their contributions while minimizing the detrimental effects on their health and well-being, employers should take into account alternative arrangements like part-time work, flexible hours, or job sharing.
52  Economy / Economics / Re: Retirement Age for Workers - Does this Make Sense? on: May 15, 2023, 02:17:55 PM
It is logical. In spite of the fact that older people may still be capable and ready to work, ageism in the workplace is a serious problem that can lead to forced retirement. It's crucial to balance experience and productivity when weighing the advantages and disadvantages of keeping older workers on staff. While experience can be extremely helpful, it's also critical to understand how physical and cognitive aging might impact work effectiveness. To accommodate older workers and maximize their contributions while minimizing the detrimental effects on their health and well-being, employers should take into account alternative arrangements like part-time work, flexible hours, or job sharing.
53  Economy / Economics / Re: Success is fundamentally determined by luck, not effort. on: May 15, 2023, 02:13:06 PM
I respect your opinion of or viewpoint on your uncles, but I am confident that their success was not solely due to luck; rather, it was their hard work and good judgment, and luck was simply a bonus. For instance, you might claim that they got a big client because of pure luck, but the truth is that they did so because they worked so hard beforehand and those clients had recommended them. Although you still stated that you would make an effort and attempt to make luck work in your favor, I don't see anything wrong with you, so just keep working hard and making an effort regardless of what you think about luck.
54  Bitcoin / Bitcoin Discussion / Re: Keep hodling your Bitcoin on: May 15, 2023, 02:03:16 PM
Instead of losing their Bitcoin holdings, someone who holds Bitcoin could lose some money if the price of BTC falls. The value of their Bitcoin will vary when the price falls, but the total number of Bitcoins in possession will remain unchanged. You are misinforming them when you say that if the price drops, they will lose the Bitcoins they currently own. As you can see, my justification explains what will actually occur if certain people retain Bitcoin and what will occur when its price changes.
55  Economy / Trading Discussion / Re: Know it that market is speculative on: May 12, 2023, 01:47:16 PM
Any newcomer entering the cryptocurrency market at this time ought to be aware that it is a speculative one. They might have been informed when someone explained cryptocurrency to them, or they might have made this assumption based on their preconceived notions since the pricing at the time was different from what it is now. Since then, prices have fluctuated both upward and downward as a result of volatility, which cannot be forecast and can only be conjectured. This is one of the key issues that beginners encounter after making a full investment in cryptocurrencies without having enough awareness about its volatility. For newcomers, it has led to more disappointments than optimism.
56  Economy / Trading Discussion / Re: My trading constitution. on: May 12, 2023, 01:45:23 PM
Trading relies on keeping track of a particular currency's economic flow. If you can determine this flow precisely, investing will be simpler. The profitable system can only be achieved with an immediate input to the precise coin, however, until you figure out a trading strategy. This makes the process more difficult. Your entire goal is to make a profit from trading, but in order to do so, the trader must first construct a profitable trading strategy.
57  Economy / Economics / Re: Money as a store of value... on: May 12, 2023, 01:43:49 PM
Crypto is the finest because of this. It's not really "money" as we understand it, but it's also not merely an asset. It is advantageous to utilize fiat currency as well as cryptocurrency to make purchases. However, it is also an asset that increases in value. It functions in both directions, and in my opinion, this is what made people adore it so much. Imagine that while it is in your pocket, the value of the money increases continuously. After you use it, the worth of the money increases once more.
58  Economy / Economics / Re: Are you Spending Money the Wrong Way in Pursuit of Happiness? on: May 12, 2023, 01:37:11 PM
I don't have a bad spending habit. I used to set a budget and only purchase items that fell outside of it. Money can truly buy happiness, but spending more than you make simply to be happy is the wrong way to live. The only way to truly be happy and to be able to serve people in your capacity without incurring huge financial burdens is to be content. I concur that the principles you gave are excellent. Never forget that in order to prevent debt, you should only spend what is allowed by your budget.
59  Economy / Economics / Re: What to do with all guy who loss money to stock market on: May 12, 2023, 01:32:50 PM
There is always a danger associated with investing in stocks or precious metals purchased from a centralized site; for example, the company may be unscrupulous or the website may have been hacked. Because it's impossible to keep tangible precious metal hidden from others, investing in it carries the danger of being robbed. Aside from the risk I previously highlighted, investing in bitcoin has the chance of losing access to your wallet or having a trusted person turn on you.
60  Bitcoin / Bitcoin Discussion / Re: How much does Bitcoin affect other cryptocurrency? on: May 12, 2023, 01:25:50 PM
Please remember that Bitcoin is the first cryptocurrency on the market. All of the other cryptocurrencies that you see today were developed after bitcoin found success. Therefore, whether or not the cryptocurrencies follow bitcoin is not up for discussion.

I believe that bitcoin is the primary driver of the entire altcoin market. and closely resembles its course. However, there are a few glaring outliers.  The impact was initially 100%, but after the introduction of stablecoins, it has somewhat decreased.
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