People miss Bitcoin because they are not sure if they can handle the volatility. Some of them don’t have enough knowledge and some try to avoid it because of the risk involved. However, they fail to recognise that volatility and risk are inherent in trading in any market, and that in order to make large profits, large risks must be taken.
Risk is your friend when it comes to investing because if you don't risk, you don't win. I believe it is because they are afraid of losing their money, which is also due to their lack of knowledge. Before investing, do some research to put your mind at ease. You have no future if you don't take risks. As for me, I miss bitcoin in its early stages because I didn't have access to the internet at the time and was also still studying. I discovered bitcoin when I graduated, and while I did earn some money from it, I still spent and spent it rather than holding it. |
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Not so essential to be honest because not everyone uses cryptocurrencies in a country, they're probably around the low end percentage of the population so it's not that big of an impact that they have when they're using cryptocurrencies. Maybe now that there's more NFT and P2E games, it might be different.
Agreed, because not all countries are first world, and not all people have internet right now, it is not essential for the time being. But, when it comes to NFT and P2E games, where those who are unemployed due to the pandemic are beginning to earn money through cryptocurrencies, I believe it is critical now for those unemployed who are earning crypto because they can feed their families through crypto. If we're talking about individuals, I'd say it's important to me right now, but it's not in our country. |
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I don't think Facebook would allow gambling on their platform. Facebook is a social media platform that enables the users to utilize its features, to interact, and to be updated on the current happenings at ease. It is not only intended for the adults, but also for the younger generations as well. Facebook allows the youngsters to use their app.
This is a good answer and that would definitely be the case because gambling is strictly for adults only no matter how you think about they don't care about the outcome and they will impose the gambling activity anyway, it just doesn't work like that because one share about gambling in Facebook that has some good captions, it would spread so fast that even kids will not hesitate to try it and that would make them regret with their decision when they see what they have done. I believe that Facebook is a social media platform in and of itself, but my friend Mark Zuckerberg haha introduced the metaverse, in which I believe gambling is possible; it is not a social media platform, but rather a significant innovation. I'm not sure what will happen, but rumors say there's gambling there for entertainment. I don't know well the metaverse, but the NFT community is hyping it, and the gambling community is expecting big things if betting is allowed. |
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-Is there a possibility that spectators of a sport like you and i with no professional training can develop a better understanding of a sport than some professional coaches of some teams?
Yes a spectator with no formal training can develop a better coaching skill than a trained coach and this happens when this spectators develop so much love and passion for the kind of sports they watch. Now as a spectator who has followed a certain sports for years and have a club which you fan you will know the strength of the team you fan and will know how each of them perform and even which wing each of them play so when there is a wing switch or poor performance those spectators would know better how to play and which formation would have been preferred Yes, that is correct, and I believe that if I were to be spectating, I would be able to think quickly and accurately, perhaps even predict the next move. I believe this is due to the fact that I am a little nervous while playing and do not think clearly. By simply watching, you could gain a great deal of knowledge, which you could then use to gain skills and become a better coach because you already have some experience in the field. In addition to enjoying the game as a spectator, I also enjoy it when it is intense. |
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If I had such amount I wouldn't worry about keys, because these coins would be splitted among different third party platforms to generate passive income. It makes no sense to have so much money like 2000 bitcoins and keep it hidden like a pirate treasure. Bitcoin's purpose, like the purpose of any currency, is to serve its holders in the most effective and profitable possible way. Otherwise, what would be the point?
You make an excellent point. However, by dividing it into multiple investments, the total amount is still the same 2000 bitcoin, but it has been spread across a number of different investments. The problem with this is that you now have multiple wallets or keys to store on, which raises the question of how to keep it safe and secure. Here in our country, trezor is extremely well-known, and I believe that this is the best method of safeguarding the massive amount of bitcoin that we intend to store in a room that is not particularly large, but which has high levels of security, in my opinion. or a simple one that you can hide somewhere in your house that is fireproof in case of emergency and is also not visible to anyone else. |
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This is a very good long term investment strategy and I can say for a certain that you're in the right direction. I'm planning to do something similar with Eth, BNC or LTC.
How long do you plan to go before stopping to take profits?
I haven't read through the entire thread to know if my question has been answered. Forgive me if I have but I'm very excited with this Investment plan.
The first thing which you should do is to set the target for each coin that you bought. You can think of taking profit at 2x or 3x depending upon the coin marketcap and other factors. There is no hard and fast rule that if you invest for an year or two, you can achieve your target. The target price for your investment can be reached much sooner than your thoughts. I believe we should also plan for the possibility of losing money and knowing when to stop because it is not always profitable. If there was a dump , we should be prepared. Same as target profit, you should also choose your stop loss, which should be equal to the amount of money you can afford to lose in the event of a dump, just to be prepared and ensure that you will survive. However, you are correct in that making a profit may occur sooner rather than later due to the fact that cryptocurrency is extremely volatile and, in some cases, extremely fast. |
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This is very likely to happen in the future, if the bitcoin price goes up to these fancy numbers then most of the altcoins will surely follow suit as always, yes i have thought about this before and decided to buy small amounts of several well rank altcoins in the market It can rise to fantastic numbers one day and I will leave it to the distant future and be like a fortune that I pass on to my children when they grow up.
I don't think this is possible, first, cryptocurrency is just an alternative to fiat and no government would sacrifice their own currency just to invest in crypto. For me, it's not gonna happen, not even 50% of the world's population will use cryptocurrency in the future. One day this will happen when the fiat money will be completely replaced by the digital currency. The way crypto is being adopted , i think we are not far away to see this time. Although banks and governments oppose this change but eventually this change will happen. If this type of people are opposed to it, I believe it will be difficult, but we can't rule out the possibility that they will begin to accept it in the future, similar to other countries that have made bitcoin legal, which has had a positive impact on their country. However, for the time being, my opinion is that digital currency will be a long way from completely replacing fiat currency. The other hand, if all money is in cryptocurrency, I believe the price will stabilize like other currencies as a result of supply and demand just like other fiat money that we are using. |
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As some of the others have pointed out, the skills that were listed by the OP usually require a serious degree but at the same time some of them can be obtained from internet. I agree with the general idea and if I was 18 I would indeed consider these, nevertheless world is somehow also same and there will always be a huge need for energy, steel, logistics services etc. and these can be considered essential which are always solid areas of work.
Learning a new skill, in my opinion, takes time and sometimes money. We should devote all of our time and effort to learning these skills. The list has a lot of potential and will be in high demand this year and in the future. I believe that if you have the time to learn these things, you should invest in it and learn them properly because you will be able to use them in your future work. |
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Have you read the latest news? "Elon Musk is ready to sell his Tesla shares to donate $6 billion".( source). This comes in response to a tweet made by David Beasley, director of the UN’s World Food Programme (WFP).
In his tweet, Beasley had mentioned the $36 billion increase in Musk’s net worth after Hertz ordered 100,000 Teslas. He added that one-sixth of this increase, which is $6 billion, could help save 42 million people who are suffering from famine. If interpreted based on google data, that number is only about 2% of the total value of Musk's wealth. What do you think, Does it really only take 2% of musk's wealth to solve world hunger? How do we assess this phenomenon based on its purpose, from a humanity or economic perspective? Nope. I think 6B$ cannot sustain a year long feeding for these hungry people. These people are there because most of them don't want to work. Some are just unlucky enough. Some have disabilities. Even if UN give them a job, some of them wont do it out of laziness. So yeah, 6B$ wont even fund it til mid 2022. However, countries like africa really needs help. This amount will do a lot for them but again cant sustain a year long fund. Yes, if we only target the poor countries that are really struggling, this could have a significant positive impact on the economy and the lives of the people in that country. However, if we target the entire world, it is not worth it because 6 billion dollars is insufficient. The best approach is to find or select a country that is in desperate need of assistance, and then to donate an amount that will allow their citizens to at least survive for a year, or to assist them in starting a business that will generate monthly income. |
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But what would the people do when most of us lost our jobs that's only supporting to our family and yet this pandemic is bringing chaos instead. Most people are bored, unhappy, can't go out due to the lockdown that's why the only thing that they would find entertaining is to join/play gamble online.
Pandemic is just a reason. The ones who gambled most during the time of pandemic are those employed compared to the unemployed. How come a person will gamble during the pandemic if they have no work. Where they will get the money to cover their gambling expenses? Most people who contribute to the activeness of gambling in the UK are those who have the capability to support their gambling expenses. These persons might be got influenced by their other friends that were doing gambling regularly at home. The fact is that there are some of them who do not work and also gamble. Money doesn't always come from work. We can get it from some unexpected side. For example in my place there are people who don't work, so they gamble with what little money they have. With that kind of thinking, it's not a solution when you don't have an income, instead you run to gambling. We really can't prevent or prevent them from gambling. This has a point, I have a friend (he has a family now and a child) who does not have a job but is doing gambling, yes he has a small capital and he could make not that much money after he returns home because here in my place there are small and illegal gambling sites that are physical where most people go, he could bring food everyday and buy their needs and he has done it since the pandemic came because he lost his job. |
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A kind of fear of loosing profits or the capital so there happens a panic sell or buy when there is a sudden pump or dip. It all happens to the new traders. Only patience can just help to over come all these. But yes it takes time. It comes through experiences when time passes by. And daily updates on the coins we have invested, will certainly help to analyze the market and move accordingly.
Fears are most likely, and above all fear of losing profits. Because now, probably all who have invested their funds in bitcoin are at a profit, and any fall will mean the loss of this profit. That is, the more the price falls, the more profit is lost, probably this moment can lead to a panic sale of bitcoin. YES, this has a point, which is really the most common reason why people panic sell their coins, but there are also times when they require money, which is why they must sell their coins. When it comes to panic selling, I believe that most of the people who do it are new to the market because they are afraid of small drops and are not yet accustomed to them. However, for those who are well-versed in the market, they are not concerned if the price drops because they are confident that the price will rise again later. |
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There have always been 'online jobs', and individuals with skills have been harnessing such opportunities, the thing is, if you want such jobs, it goes way more than just 'surfing' the internet, the first step is working on yourself, acquire necessary and sought after skills, when you have these skills you can now look for something online to do, it makes it a whole lot easier then, there will always be opportunities, but it's for those willing to take extra steps.
Correct, for the one that is not afraid to work and is willing to learn there is always work available, just to give an example it is not about online jobs but it should suffice, at the US there is a logistics crisis and according to some reports they need a lot more truck drivers in order to move merchandise all over the US, things are so bad that they are even trying to get truck drivers from other countries to alleviate the problem, so basically someone that is unemployed could learn this skill and get a good job and get all the overtime he could want to, but many prefer to just complain about their situation and do nothing about it. So the reason for not having a job at this time is not an obstacle. Because the internet provides it all to those who want a job according to their interests and talents. Not a few of those who are successful by working online no longer need to rely on a diploma like most work offline. This certainly provides a good opportunity, having skills without having to go through a formal education level they can be equal to getting income or even more. Skill is more important when having a job and a diploma is just a bonus that's why I've seen successful people with skills trying to get a diploma for a bonus to their whole package. Online job is not that hard once you have the required skill set to pursue and meet their expectations then you are what they want. It's true that opportunities will come to those who are willing to take an extra steps. And I'm sure someone would take that extra steps just to get the opportunity that they deserve. This pandemic is a challenge to all of us especially now that lots of people are losing jobs because of the lockdown. When you are trying to be versatile then you should know specific skills for you to widespread out your chances on getting hired.Having more skills is much more better rather than having a single or focused on one thing.Its up to someone on how he would handle himself on this pandemic situation and not all would really be that skillful to get that specific job and also that competition is really very high. Even before the pandemic, skills were important because the company would not hire you if you did not have them unless you had a backer in the company who qualified you. However, because of the pandemic, only the most skilled workers are being hired, regardless of whether they have a degree or not. As for myself, I would say that I am not a degree holder, but I do have a job right now that does not require me to have a degree, and I would also say that I am more skilled than my coworkers who do have a degree. |
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People who are able to stabilize their finances are people who do not like to spend their money on unimportant purposes. Many people manage their finances so that the money they have doesn't just run out, they are even able to look for opportunities to develop their money by investing and trading.
I tend to think that stability is when a person can balance their expenses, income and investments without causing any other financial problem. Saving without spending a lot of money on things that are not necessary in my opinion is not the meaning of financial stability, but saving expenses. If you're on the low end of the income spectrum, you may have difficulty saving because your expenses on basic necessities are equal to your salary. Regardless of how you look at it, both sides have a point, but I think it's difficult to save when you're on the low of the income because your expenses on those necessities are equal to your salary. But for me, financial stability means that your income does not fluctuate, and your expenses do not fluctuate as well. |
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Despite the fact that I am not a skilled gambler, I enjoy playing games with simple rules and a straightforward goal. It's fine for me to play dice games or a simple odd or even game, since card games are too time-consuming for my taste. Also i bet when there are big sporting events like basketball, boxing, and E-sports like pubg or CS:GO. As long as we're entertained, we should respect our own preferences, and there's nothing wrong with that.
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Gas prices in my country are now $1.5 per Liter which is the highest since December, 2024.
I am taking a lot of public transportation these days especially when going into the city.
Exactly the same price! Wew! unable to take now; I intend to commute instead; however, the cost of living continues to rise. Previously, I was driving aggressively and not caring about the fuel economy, but now I am mostly driving in eco mode just to save gas! Every day, the price of fuel, food, and other essentials rises, making our lives more difficult. As they have stated, the cost of food and other necessities is rising steadily, while our pay is decreasing steadily. |
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Isn't this something that isn't illegal or prohibited on Twitch? I believe that some platforms have prohibited gambling because of the terms and conditions of the game. I believe YouTube has implemented an age restriction for gambling (though I am aware that this can be circumvented by selecting the I am 18+ checkbox). However, the majority of them will include their email addresses in the description box, and others will mention it in their outros. If you are able to ask for their emails on Twitch, simply message them in the chat box.
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It's no surprise that the gambling rate increased during the pandemic. This crisis has brought a lot of stress and emotional burden to most of us. This has been one of the greatest challenges that even the rich have a hard time battling. Lockdowns were imposed for safety precaution. Hence, people have no other choice but to stay inside their home.
With that being said, people have a very limited interaction and recreation physically speaking, that's why some resorted to entertaining oneself online. Online games and gambling become a thing. Those people who are already a gambler prior the pandemic have their chance to continue what they were doing before and those people who are looking for entertainment and past-time found comfort in online gambling.
While there are people who are gambling for the sake of their enjoyment, there are also people who are just desperate to generate income. Some people made gambling their way to earn money. It's risky, but it would be harder if they'll just let their families starve without doing anything at all. Like what they say, desperate times call for desperate measures.
Hopefully, they know well enough their limitations and boundaries so that they could continue what they are doing without compromising what is more important and necessary.
Yes, for some people, gambling is a recreational activity as well as a stress relief. So it's natural for some individuals to be interested in gambling, especially now that we can't go outside or our options for entertainment are limited. Because of the pandemic, online gambling has become more popular, and the number of players has increased. Right now, because the current scenario is going well, many individuals are getting back into gambling, especially those who had quit because they couldn't go outdoors. Agreed, and the majority of people are making the transition online because staying at home and only doing chores is extremely boring. Casinos are popping up everywhere on the internet right now, and people are becoming addicted to them because it is so simple to bet and the payment methods are also simple; all we need is an internet connection to place a wager. I believe that recreational activities are for people who only want to spend their extra money on it, whereas others are earning from it and using it to supplement their income. However, for the time being, people are getting into it because they are simply bored. |
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Yes, there are many ways to take advantage of the opportunity to make money online freely and with no strings attached. Youtube, blog or media on Tiktok or streaming… all have their own opportunities. Crypto in this segment has come close to this opportunity, but it is not a form of making money, but more diverse for all categories such as investment, use, accumulation, trading. To me, cryptocurrency is more than just a basic form of making money online - It's a future form of a synthesis of more obvious and micro-opportunities.
Agree When it comes to working online, crypto isn't a job in and of itself. When it comes to cryptocurrencies, most people use them as an investment , but if you're talking about bitcointalk and joining a campaign here, that could actually be an online job. Skills are required for an online job because you are either providing a service or selling your expertise to other people in order to make money. Earning money online is a better term for blogging or youtube because it is neither a job nor an investment. |
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Almost all businesses that I know derive their goal from profit alone. Even with their efforts of lowering their prices or offering free promos, they only have one thing in mind- which is to earn money and profit on the end. But the fact that this casino was awarded for their safer betting standards mean that they do care for the enjoyment, safety, and convenience of its players and users.
Finding this kind of casino is not easy nowadays. So like most casinos, all are concerned only with profit without any repercussions. I think it would be very disinterested for other casinos to meddle in the affairs of so many and varied individuals just to get over an addiction. In my opinion, this is the initiative of several groups of gamblers who happened to be unexpectedly supported by the casino. There is no point in it for the casino owners because they aren't making any money from it. This type of casino is extremely hard to come by because most casinos are only interested in expanding or improving their current games, and they don't want to spend money on it because they aren't making any money from it. Because of this, I think people who play at a casino like this are extremely fortunate to be able to do so. |
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Based on this article [1] there're 811 million people worldwide still lack of food, so 6 billion/811 million is $7,39. That seems about right to solve world hunger - for a day. hahaha agree for a day, but it will take another 6 billion to solve the hunger problem by the next day. Since it is not just about giving them money and expecting them to solve their hunger problems, but also about teaching them how to make money or earn an income, I believe this type of problem is extremely difficult to resolve. It is extremely difficult to solve when we are constantly giving them money and expecting them to do nothing, in my opinion. That is the most common reason why some people remain impoverished: they do not put forth any effort and are extremely lazy. |
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