Average people never see bitcoin as a gem or long term asset, but most likely like a passing trend that will lost its way when a better one is coming. And they don’t believe that the future is in bitcoin, since bitcoin is just a digital currency that will not even over power fiat currency and the traditional investments. They’re happy with bitcoin, but they’ll never be sad and affected when bitcoin is gone. That’s make them different from us as we might go broke and completely upset if one day bitcoin will be gone.
I have relatively similar thought on average citizen as either they consider Bitcoin as a scam or something which can make them rich as there are lot of people who invest in Bitcoin through third parties or through agents without even knowing about its functionality and these users have been interest in Bitcoin for profit who got to now after Bitcoin during bullrun rally. They don't care about what goes around with Bitcoin as long as they don't lose their money and continue earning profit. It's just like any other investment asset or digital payment method for them. Many people make the mistake of entrusting their investments to others. They believe that by simply investing their money, they can sit back and wait for their investment to generate returns and earn interest, similar to HYIP. They do not take the time to educate themselves about the process of investing in Bitcoin and instead rely on others to invest on their behalf, which can be problematic. |
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Then I can just add to what you said: there are some people who tried to quit but didn't succeed, and they have a hard time quitting this habit. I talked to someone I know who has a smoking habit, and he said he tried to stop it just because after a few days, he couldn't stop smoking.
I asked why. and his answer was that his taste was looking for the cigarette that he himself said he couldn't resist. Then he said that he might die from cigarettes, and I told him that you will actually die from cigarettes and that his reward for you is lung disease that can really kill you. So just go shopping. I told him whether to stop or not.
Some people really have this kind of situation. They are so addicted to cigarettes that they can no longer stop it. They feel like they will be sick even more if they stop suddenly, so they have no other choice but to continue smoking cigarettes. |
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Yes, it all comes down to personal preference when it comes to choosing an investment. If someone has a better understanding of real estate investment, then they should look for a suitable property that fits their capital. On the other hand, if someone is more knowledgeable about cryptocurrencies, they can invest in multiple cryptocurrencies available in the market to diversify their capital.
First thing should be your interest, if you are well aware of your city or country real estate market then you must go for it. If you find yourself comfortable with crypto then invest here. Real estate need big investment and you can start your crypto investment with even 1$ since there is no entry barrier here. Both markets have there own pros and cons, understand risk involved in both sectors before making final decision. I don't see any winner in real estate vs crypto. Both requires careful understanding of there dynamic and importantly in both cases you wont become rich overnight. It's not necessary to invest a large amount of capital to get started in real estate investing. There are various types of real estate investments available, and you can begin by investing in real estate bonds or stocks if you don't have enough money to purchase your own property. This method allows you to generate income from your investment, just like owning a property. |
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All i need Are one good person who actually knows btc prices so all i need is just to know btc price.
When i buy low sell high and same time i load up alt coins so i make huge money.
And world is kind of finances Crisis i better don't do btc money but working with btc but for this we need to know exacly btc price movements best If someone can teach me how to know btc prices or If not Im ready to Pay for it.
Im not here to gamble Im here to do sure money and for sure profit.
So this how my Life dream and yours Also nobody don't need to work If they know btc prices.
It is difficult to accurately predict the price movement of Bitcoin. However, you can search for online tutorials to learn how to trade. This will help you reduce the risk of losses by teaching you different patterns to use for profitability. If you can't find any helpful tutorials, you can enroll in online courses that may require payment to enroll. |
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Of course, it's important to maintain a positive attitude and believe in one's abilities to achieve success in their entrepreneurial endeavors. Although it may be difficult, it's important to remember that many successful business people have faced similar challenges in the beginning. The key is to persist and not give up until one achieves great success. If others have been able to do it, then anyone can do it too.
As long as everyone or we ourselves have the desire to achieve great success through our own efforts, of course any challenges must be able to be faced wisely. And try to be able to survive in difficult conditions because great success never comes instantly without going through a fairly mature process like the business people who are successful today. Apart from that, there is also truth in what you said, that the attitude of never giving up must also be present in ourselves or everyone who wants to achieve great success through their own business. Yes, it's important to remember that giving up on any obstacle in life can prevent you from achieving success. Keeping a positive mindset and persevering through challenges can help you overcome any negativity and achieve your goals. |
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Yes, it all comes down to personal preference when it comes to choosing an investment. If someone has a better understanding of real estate investment, then they should look for a suitable property that fits their capital. On the other hand, if someone is more knowledgeable about cryptocurrencies, they can invest in multiple cryptocurrencies available in the market to diversify their capital.
It does not depends on the field that successful field will give you profit and less successful will not give you any profit but the main thing is your interest and your experience. It totally depends on you that what you can easily manage and from which field you can get profit by using your skills. If you are experienced trader and investor in crypto then don't participate in real estate but continue your journey of success within your desire field. Real estate and cryptocurrency investment both are full of advantages but both requires talents and expertise so you should choose that field about which you know more better. I'm not sure if I was clear in my above statement, but I never suggested choosing a field with guaranteed success or profitability. What I meant was that the choice of investment depends on the investor. If you base your investment decision on the likelihood of success, you run the risk of failing if the investment doesn't go as planned. |
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The main question to consider is whether individuals without a stable source of income are capable of funding their gambling habits. It seems unlikely that they would have the financial means to do so. Engaging in gambling activities typically requires a certain amount of initial capital. Unless the individual has assets they can sell or unsuspecting friends who are willing to lend them money, they are unlikely to be able to afford it.
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Crypto investment vs real estate investment : Which one more dependable in the future
Though have been in the crypto space for quite some time now, I knew little about crypto. A friend of mine just introduced me to real estate investment.
Which one should I go for with a capital less than $2500?
Actually, determining which investment option is the best depends on you. because you are the one who can assess your ability to invest comfortably. Of course, these two investments have great potential in the future, so if we have money it is better to invest in both. Yes, it all comes down to personal preference when it comes to choosing an investment. If someone has a better understanding of real estate investment, then they should look for a suitable property that fits their capital. On the other hand, if someone is more knowledgeable about cryptocurrencies, they can invest in multiple cryptocurrencies available in the market to diversify their capital. |
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It is impossible to become rich from ZERO, in fact there is no history of people becoming rich from zero, but some of the capital you have can change your fate in the future, because the future can never be predicted by anyone and we all have the opportunity to become rich from business and capital. For example, the current presence of crypto has created a history of changes in the global economy because it has improved economic statistics even though some people hide their identities because they have thousands or millions of dollars in assets in crypto, but some beginners have generated high current income just by participating in airdrops, some altcoins recently listed on Binance from several retroactive airdrops, I also earned $2.5k from one retroactive airdrop and many of them have made tens of thousands of dollars from airdrop participants just with cellphone and wifi capital.
Owning a business from scratch is a challenging task that not many people can achieve easily. However, it is not impossible, there are numerous opportunities available right now for people to become successful in life even if they start from nothing. A perfect example of this is the rise of influencers or vloggers who began their careers by sharing their content and activities on social media platforms. They have a passion for entertaining and bringing happiness to their viewers, which has enabled them to monetize their page or channel without needing any initial capital. Being rich does not only come from owning a business, there are lots of opportunities for everyone. Yes, I agree with you, that success can also start with creativity without having to have large capital. It is true that starting something is very difficult, but I believe that anyone who dares to move and keeps moving will achieve their goal of success. I really admire the success of the influencers who started it all with very minimal capital with their tenacity. Likewise with other businesses, if you don't have the will to move then any amount of capital will be in vain. In my opinion, the most important thing for someone is to have the courage to determine their passion and then pursue it seriously and that is the most important thing they must have besides financial capital. Of course, it's important to maintain a positive attitude and believe in one's abilities to achieve success in their entrepreneurial endeavors. Although it may be difficult, it's important to remember that many successful business people have faced similar challenges in the beginning. The key is to persist and not give up until one achieves great success. If others have been able to do it, then anyone can do it too. |
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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.
I learned something after the last bull run (and I believe it's valuable). I had to convert my savings to stablecoin and kept in a private wallet instead of keeping it in a bank during the bear season. As a stablecoin it won't be affected by inflation as fiat in a bank. Then I pull it out and invest in Bitcoin once I perceive a bull rally is around the corner. That way, I gain both ways in global perspective – Inflation free and secondly, investment in Bitcoin. On a local level, giving the type of hyper inflation that's ravaging my country, I gain in three ways – Inflation free, 2, Investment in soaring Bitcoin price and value; 3, My local exchange rate. I suggest people try this out too, especially those in inflation torn countries. I have also been saving money for a few years, which I learned when I started earning from my job. In the past, I used to save a specific amount of my hard-earned money in the bank every month, but after a year, the interest I received was less than what I expected. Moreover, the inflation rate was increasing rapidly, which also made me realize that I needed to find a safer way to save money and avoid inflation. That's when I discovered the method of buying stablecoins, at first, I thought of exchanging my fiat money for USD bills but then I realized I can do it virtually. This way, I can save my money without worrying about the impact of inflation. |
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so my question is, which is more risky?
A). Running a physical business that has a whole lot of risk associated with it or
B) running an online investment with high risk of hack that could result in you loosing all your asset.
There are different risks involved in managing a physical business or investing online. It depends on the person's skills and experience in either field. Some individuals may excel in managing a business but have limited knowledge of online investments, while others may have the opposite strengths. The decision on which avenue to pursue should be based on what the person feels most comfortable with and where they believe they can achieve success. Both options are viable but come with high risks. |
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It is impossible to become rich from ZERO, in fact there is no history of people becoming rich from zero, but some of the capital you have can change your fate in the future, because the future can never be predicted by anyone and we all have the opportunity to become rich from business and capital. For example, the current presence of crypto has created a history of changes in the global economy because it has improved economic statistics even though some people hide their identities because they have thousands or millions of dollars in assets in crypto, but some beginners have generated high current income just by participating in airdrops, some altcoins recently listed on Binance from several retroactive airdrops, I also earned $2.5k from one retroactive airdrop and many of them have made tens of thousands of dollars from airdrop participants just with cellphone and wifi capital.
Owning a business from scratch is a challenging task that not many people can achieve easily. However, it is not impossible, there are numerous opportunities available right now for people to become successful in life even if they start from nothing. A perfect example of this is the rise of influencers or vloggers who began their careers by sharing their content and activities on social media platforms. They have a passion for entertaining and bringing happiness to their viewers, which has enabled them to monetize their page or channel without needing any initial capital. Being rich does not only come from owning a business, there are lots of opportunities for everyone. |
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Where there is corruption, the systems will be corrupt. Basically what can a government do?
If the entire organization is corrupt then the government will have nothing to do. Basically no solution yet, except change. Work has to be done to stabilize the economy by creating a social framework and legal framework. Which both government and people have to understand.
The world economy is slowly collapsing. The economies of both rich countries and poor countries are heading towards collapse. Which narrows our future. The government always has good plans to make things better - but in practice they also always encounter many obstacles that make those plans fail. I agree that corrupt governments will never fix everything - but they will only make things worse because of their bad missions. There are many challenges and obstacles that make many governments in every country fail to meet the expectations of all their people - but the best thing for every individual to think about is don't depend on the government, be independent. The government will not be able to keep all its citizens happy - even if they promise that during the campaign. Sometimes it is unfair to blame the government for all its weaknesses - but we need to have an independent mindset so that we are not 100% dependent on government policies that benefit us. I agree that people should not always be dependent on the government. The government cannot provide for all citizens' daily needs. We cannot wait for the government to make a move for us, as nothing will happen in our lives unless we take the first step. |
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I totally agree.
If I can go back in time, I would lead much more modest life and try to earn and save as much as possible in order to secure my future and preferably retire much younger than the legal age here which is 67 years old. Since I spent way too much money in my youth, my next chance for an early retirement is bitcoin.
Opportunities like this don’t represent itself twice after you’ve missed the first one. If it is too late for you to adjust somethings in your life that would have helped you live a better life now, you can use that energy to groom someone, maybe your child to help live a better life financially than you had. Bitcoin has no age exception and can be taught from a young age for the youngsters too. If you can use that opportunity now, it would be better instead of regretting the past and not doing anything to correct the past or paving way to make the remaining time in your life worthwhile of living now. I agree, the only thing we can do is to use our previous mistakes as a motivation to move forward and learn new things to improve our lives. People who have achieved a better life have probably experienced many failures before reaching the top. Let their success be an inspiration for us to become a better version of ourselves tomorrow. |
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For me this is good news to Filipino crypto enthusiasts living and working abroad as they can now send remittances through this cryptocurrency related innovation without any hassle.
I think the expansion of Coins.ph is a good idea, but when it comes to exchanges, there are probably better options available in different countries. Even Filipino citizens have issues with Coins.ph for various reasons. Moreover, even if Overseas Filipino Workers (OFWs) use Coins.ph as a remittance service, it will only be hassle-free if the banks in those countries allow cash-in methods through banks. Otherwise, they will have to cash in through remittance outlets, which involves similar steps when they are sending money directly to their family's bank accounts through remittances. Yes a good developments to be made since there's a lot of people now using online wallets to settle up something especially for payment or other transactions that they want to make. That's why having this would provably make things easy especially if you want to deal it on single platform which expanding their services globally. But lets do hope we can't see any more issue since so far many Filipino crypto users avoid to use this wallet due to some unwanted things happening due to strict requirements or regulations happening. Also they need to increase their manpower since so far I read a lot of claims regarding on their slow support and that's bad for people waiting their issue to be resolved that's why they need to do more better job their to provide good service to their clients. It is already expected that they will increase their staff if they plan to expand their services to other countries. In addition, it would be beneficial for them to establish a physical office in their target countries so that people can easily visit their office for any inquiries or concerns they may have. |
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For me this is good news to Filipino crypto enthusiasts living and working abroad as they can now send remittances through this cryptocurrency related innovation without any hassle.
I think the expansion of Coins.ph is a good idea, but when it comes to exchanges, there are probably better options available in different countries. Even Filipino citizens have issues with Coins.ph for various reasons. Moreover, even if Overseas Filipino Workers (OFWs) use Coins.ph as a remittance service, it will only be hassle-free if the banks in those countries allow cash-in methods through banks. Otherwise, they will have to cash in through remittance outlets, which involves similar steps when they are sending money directly to their family's bank accounts through remittances. |
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Not everyone has their own business to use their debt. The better advice is to avoid getting into debt if there's nothing important to spend the money on, especially if it won't bring you any financial returns. Try to avoid it as much as possible because having debt will not bring you any benefits if you use it just to enjoy the lifestyle you desire. However, if you already have a running business, you can use the debt to increase the funds of the business, and the money generated from the business can be used to pay for the debt.
Generally this is the case if someone wants to do well through being in debt, because if they are in debt without having a business and only for lifestyle purposes, I think that is a very stupid person. Because one day when it's time to pay, he will definitely feel too much trouble so he will look for ways to avoid the debt collector and will cause chaos that he doesn't want. I also agree more if someone takes debt to increase the capital of a business that is already running well, because he will definitely be able to pay the debt in his own way by utilizing the business he has relied on so far. So I quite agree that if there is nothing important that can really give better results, then just stay away from debt and just enjoy life as it is without excessive burdens. It's not fair to label those people as stupid. But those people are the type of people who want to flaunt their possessions and impress others. Which is commonly found in the society. These people are more interested in seeking praise from others by buying new gadgets, cars, and other luxury items to appear wealthy. However, this behavior can lead to a significant amount of debt that may become unmanageable in the long run. Therefore, it is not a good idea to indulge in this kind of behavior. |
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Not anyone in Boracay accepts Bitcoin as a payment option. There are approximately 200+ local businesses. Although this is a considerable number, it does not represent the entire community.
~snip~
Last year's data shows the number of 250+ local merchants accepting Bitcoin (LN) in Boracay, but there is also information that more than 400+ merchants in the Philippines accept BTC through the same platform. The numbers clearly show that there are more and more service providers and sellers who want to add this type of payment, and why not if it will bring them additional profit. Payment is made via LN and fees do not play any role here, and the one who receives BTC can very easily convert it into the national currency within the application. Pouch.ph now has over 400 small businesses accepting Bitcoin payments, expanding beyond their initial success in Boracay to key cities like Cebu City, Dumaguete, Iloilo, and Bacolod City.
The payments provider also enables Bitcoin payments in Metro Manila through establishments such as URBN QC, Draper Startup House, and KosneyLand, providing alternative payment options to credit cards and e-wallets.
Consequently, Pouch.ph offers a Batch Pay feature that streamlines payroll processes and allows for immediate transfers of funds to employees, suppliers, and recipients, with plans to expand the service to over-the-counter remittances through partners like LBC, M Lhuillier, and Palawan Pawnshop. It's great to see that there has been a significant increase in the number of local businesses in Boracay that now accept Bitcoin as a payment option. I am planning to visit Boracay for a tour in a few days, and I am looking forward to trying out this payment option using my wallet to see how it works. I am impressed with the progress made by this partnership since it started in Boracay. Now, it is even available in Metro Manila. |
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<..snip..>
So my question here is that, does the Bitcoin thing on this Island really has impacts to the country's economic growth in the long run? Do you really think that this kind of business model has potential in the future or just some kind of a trial and error? Is there any possibility for local remittances to worry about this innovation? Please share your thoughts.
I do think that it may definitely impact the economy once Boracay becomes the national BTC island of the Philippines. Remember that any form of payment that we receive is an additional money in our economy. If BTC transactions were to occur in this island, hundreds of tourists will definitely be maximizing this kind of payment channel. Not to mention, Boracay in itself is a tourist spot- lots of tourists globally visit the island yearly in order to experience its amazing beaches and waters. If tourists were enabled to use BTC on their transactions, this can directly impact the economy as more money would be circulated and added in its finances. I just hope that the government takes advantage of this set-up given that Boracay has all the tools to be the first BTC island in the country. It already is a popular tourist spot- might as well maximize its potential by adding cryptocurrencies as its payment channel. - I think almost the majority of the communities on that bitcoin island are aware of the Bitcoin payments made using the pouch apps and wallets that they use. Because of my knowledge and research, anyone there accepts bitcoin payments, and it is said that most of the tourists who went to the bitcoin island are aware of Bitcoin, and others are even making a documentary about it. The funny thing about this place is that it seems that even their barbershop accepts payment, and even the other tricycle drivers in Bitcoin Island also accept Bitcoin payment using the Pouch app wallet. Not anyone in Boracay accepts Bitcoin as a payment option. There are approximately 200+ local businesses. Although this is a considerable number, it does not represent the entire community. That's how widely Bitcoin payment is accepted in the area, even for transportation. Hopefully, other tourist destinations in the Philippines will also do the same in the near future. |
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That's true, because generally everyone wants financial freedom, so many people are looking for work by trying their best and working hard with the aim of achieving financial freedom. as you said, they work hard to get out of poverty, not survive poverty, if they really want to survive poverty then they don't need to bother doing things that lead to money, just being lazy is enough to help, but it seems No one wants their life to continue in the poverty phase.
Everyone desires to escape poverty. That's why many individuals work tirelessly, establish their own businesses, and even experiment with various types of investments to achieve a better standard of living. No one chooses to remain in poverty because everyone wishes to provide their family with a comfortable life. I don't know what OP's purpose is for holding a title like this, because basically everyone doesn't want to be in poverty forever. Also, the large number of children attending school means that they must have an education that can guarantee their future, therefore it is almost impossible for anyone to want to survive in poverty.
I think you missed this message. I trust you all get the sarcasm as conveyed.
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