I partially agree with you. In crypto, there are lots of bad project coins and we should immediately get rid of them, but on the other side there are also good project coins that have bright future and I think we shouldn’t panic and sell them in wrong times.
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I think that the emergency saving shouldn’t be limited by the percentage of 20. In my opinion your emergency saving should be the amount that will guarantee you the life without any debts before you started that business. I believe this is the right way of taking risks in a rational way.
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I believe yes it can. Even one human’s stupidity can effect the whole market. In this world there are things that have the domina effect in them and market is one of these things. One person’s opinion on media can change the flow of the whole market immediately.
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I think in today’s capitalist world everything we do or have is somehow connected to economy. I think that economics nust be thought in universities maybe not as a major but as a minor for sure next to another major.
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This may seem like a thing to make fun of but I think that it is something that we all face everyday. We all take a moment everyday and think should I sell all I have ? But of course there are a lot of people who went into BTC investing by only hearing big numbers and they’re just mediocre investors who will always hesitate to risk.
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Capitalism maybe reduces the amounts of poverty but it also decreases the amount of self dependent people with constant income. Today maybe we dont have poverty but we have debts to pay to banks, we work a whole lifetime to buy a house and at least 5-10 years to buy a nice car. Capitalism just makes us blind with the look on our outside with all these clothes on us and food we have and makes us forget the credit card debts we have ro pay.
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In my opinion in such cases if the debt is to a bank you should borrow money from any where without any interests and close all your relationships with all banks. If you don’t have such a chance then you should wisely manage your income and pay in small installments.
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We cannot talk about world economy except about the things that we are allowed to know. World economy is different in each system. In today’s capitalist world we are just small parts of the huge chain that is controlling all of the resources of the earth.
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We pay taxes for security, infrastructure, transportation, and comfortably live. Today if we live in our countries peacefully with armies protecting us then we have to pay them taxes for their services. Of course these seem logical in today’s system. On the other hand we should question the system with all it’s rules and regulations, but these are other long discussions.
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These ideas of how to become rich with little effort also crossing my mind everyday. I think those people who take bitcoin as a thing that will make them rich without any effort or knowledge are those who always lose too. We should take bitcoin as a kind of extra work and profession not some kind of an easy path to wealth.
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I think bitcoin is affected by many things. Like all other currencies its value is decided by huge multinational corporations and very strong lobbying systems. Other than that whenever a country decided to legalize or use bitcoin or bitcoin is mentioned in the media it’s value increases and whenever a country decides to block bitcoin’s usage or something negative is mentioned in the media it’s value decreases.
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People do not trust the piece of paper that we call cash they trust it’s unsees value and the big support behind it. To make people trust something and feel safe while using it we have to guarantee them something. This is what is happening in today’s currencies so if we want to make people use bitcoin safely we need it to be legitimized.
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People who are investing these days and those who invested in the few months are greatly suffering from huge losses. In my opinion bitcoin will either be legitimized and gain a constant value like all the other currencies or on the other side it will face a rapid increase close to this summer’s end or it will face a slow decrease untill it completely loses it’s value.
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This kind of speculation is of course makes us feel good when we first here it, but when we think about it in a realistic way we can easily figure out that this would be only possible in eutopia. In todays world with all these banks and wealthy multinational corporations it is really hard for cryptocurrency to be legitimate and if one day it become legitimate Ithink it will lose all it’s value.
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#JOIN
Bitcointalk username: Nboramir Forum rank: Sr. Member Posts count: 505 ETH address: 0x8A2972c6f1757CbA79c9e056daA5d86e88e6DD11
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Anyone who will give numbers is not realistic. In human beings’ nature there is no satisfaction.first you will say this amount will be enough but it will never be actually enough.
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I was really excited for yesterday’s match but romos’ tackle just destroyed everything both real and liverpool players were shocked with all the world with them. All my interest in the match was gone.
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Smoking or drinking are some choises that seem as if will solve the problems or make us forget and maybe do but I think the best thing to do is to sleep. Sleeping in a room alone will fix everything.
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A great thing. But of course has its negative side like reducing labor. In my opinion some thing cant be on online shopping but it is very useful in thses days.
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I like reading book that have an ideology at its background. So my favorite books are 1984 and animal farm.
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