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421  Economy / Economics / Re: Economic Crash may take bitcoin to 1M dollar on: August 27, 2023, 07:36:37 PM
If there is a collapse of the world economy, it could lead to a global war for resources. In this case, the Internet will be shut down almost everywhere. How will bitcoins be transferred then? Then regular cash, not cryptocurrency, will be used for vaimonos settlements
422  Economy / Speculation / Re: Is there still hope for the price of BTC to hit back $69k this year? on: August 27, 2023, 04:34:55 PM
The price is likely to return to the 69000 level in 2024 or early 2025. A halving of bitcoin will occur in April 2024, and it is unlikely that the manipulator will start raising the price before halving. We can expect a sharp price drop this year or early next year, followed by a rapid price increase. Not all coins are out of weak hands yet
423  Economy / Trading Discussion / Re: Scalping on: August 27, 2023, 04:29:04 PM
Back in the day, I used to do some scalping. It is quite a good strategy, but it requires a lot of time and attention. You can make a lot of money during the day, but lose everything because of one bad decision. That is why you need to be able to stop in time. Good luck.
424  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Appromixly how much time needs to recover BNB $310 price on: August 27, 2023, 04:25:51 PM
Since the SEC can't sink Binance just yet, we can well expect BNB to recover. When? Most likely in 2024. Therefore, there is no need to despair. Luck loves the patient and persistent. Especially since Binance Chain is one of the leading blockchain systems today.
425  Economy / Trading Discussion / Re: How to make a life by Day Trading on: August 26, 2023, 07:38:12 PM
The problem with day trading is that fatigue builds up, and one bad decision can result in losing all the profits gained from hard work. Yes, scalping is good, but the income may not cover the time spent. I have personally experienced a similar problem. Everything is going well all day - and one mistake ruins the entire success of the day.
426  Economy / Economics / Re: People keep talking how weak dollar and how bad usa economy getting on: August 26, 2023, 07:20:46 PM
Personally, I don't see any signs of a serious weakening of the dollar. If we take the dollar and the Russian ruble, the dollar has again reached over 90 rubles per dollar. And they talk about some kind of dedollarization, although so far everything is happening the other way around. A similar situation is observed in other countries
427  Economy / Economics / Re: Having a problem a Personal Finance? on: August 26, 2023, 06:42:48 PM
Reading a book, being financially literate, surfing the forum or watching videos will only give you long-term gains. If you don't have capital, knowing how to invest will not do you any good.
The economic crisis the world is in is obvious. If your salary isn't very good then you are trying to save the day. It's hard to set aside money to invest when daily expenses are so high.
Even if you lower your standard of living and don't spend luxuries, if your salary is low, you still don't have many options. Even if you want to spend a little money, you still have to spend a lot of money every day because of rising prices.
Although your suggestions may seem good, they don't have much validity in practice in real life.

I agree with you. Our lives are completely unpredictable. I wonder, do the authors of the books themselves live according to the advice they give? Personally, I doubt it. If you are a serious businessman, do you have time to write books? I doubt it. And if you have time to write books, then maybe this person only has time to write books (i.e., infotsygan)?
428  Economy / Economics / Re: Having a problem a Personal Finance? on: August 25, 2023, 04:11:39 PM
It may be subjective, at least you need to know your income, expenses, assets and liabilities. For more details, you can read the book Cashflow Quadrant by Kiyosaki.
All you need to do is check or fix what's holding you back from managing your money well, and don't let your expenses exceed your income.
and make it a habit to record what you will buy and use it to fix which ones are important and which are not important and this is very important. And make it a priority to save even a small amount for your reserve fund, preferably if you have some left to invest.
Even though this seems natural and should be owned by everyone, in reality there are still many people who don't understand or don't care.
and read books or anything that can help you financially including watching the YouTube channel, but it has to be one that is trusted and can really help you.

You have to agree, it's hard to live by a plan right now. Sudden sanctions, a sharp rise in prices, and changes in laws often make a mess of a solid plan. And needs often arise unexpectedly. Therefore, it is easier to put aside any percentage of income and try not to touch the stash.
429  Economy / Economics / Re: Running faucet business in 2023 still possible? on: August 25, 2023, 04:05:40 PM
Of course, if a person has no money at all, the pennies he earns on faucets are not bad money for him. But I think that there are other ways to earn money - for example, solving captcha. And cranes - it's just a waste of time now - it used to be different, but the time has already passed
430  Economy / Economics / Re: Economic Crash may take bitcoin to 1M dollar on: August 25, 2023, 04:00:03 PM
Bitcoin has a certain threshold value. And it is hardly 1 million dollars. Who needs bitcoin at 1 million dollars? Are you willing to wait a century to earn x2? That's the big question. Probably the maximum price will not be higher than 150000 dollars. We will see soon.
431  Economy / Economics / Re: No choice but to use the unavoidable middle man, the exchange companies. on: August 24, 2023, 11:26:00 PM
In this case, it's not only the exchange that benefits, you also benefit from the services they offer, it's simpler that you and the exchange are equally profitable. You cannot ignore intermediaries in processing crypto assets, for example you want to convert Bitcoin to fiat and then withdraw it through conventional banks.
Their existence has made it easier for Crypto asset users in every way, intermediaries in business have helped many people with the services offered. Exchanges like Binance have made a lot of profit from the services they offer as intermediaries. It's only natural that they gain a lot because they have helped many users of Crypto assets in making various transactions.

Mediation is one of the revenue items of exchanges. You can hardly do without it. But the exchange somehow guarantees that you will receive your funds - and you have to pay for guarantees. In general, it is unrealistic to do without intermediaries - this is only a dream, the reality is somewhat different
432  Economy / Trading Discussion / Re: FALLING FALLING! on: August 24, 2023, 11:21:04 PM
It is well known that the halving will occur in April 2024. If we look at history, usually around this period there is a final reset before a parabolic rise begins. I don't think the bitcoin price will drop below 23,000. There are no prerequisites for that yet.
433  Economy / Economics / Re: BRICS has become eleven countries instead of five. on: August 24, 2023, 07:45:54 PM
Economic unions, as history shows, are constantly transforming. The political situation in countries can change dramatically, and one or another economic union will simply lose its relevance. The larger BRICS becomes, the more internal disputes and disagreements will arise.
434  Economy / Economics / Re: What Actually Drives People/Gov to Adopt New and Bold Decisions on: August 23, 2023, 09:03:59 PM
A lot of history is often changed and adapted to government policies, I live in a country that has experienced many problems, and history is certainly different from before, and in my opinion this is to protect the interests of the government, they want to look better than before so they carry out various policies that new and looks different from the previous decicions.

In one country there was a rule: the new king overruled all the decisions of the old one, even if they were correct. This may be right, but it does not add confidence in the future. And every government thinks only about the interests of certain groups, hiding behind concern for the people. There must always be poor, otherwise who will feed the rich?
435  Economy / Economics / Re: Bad economic situation makes bitcoins more difficult to keep. on: August 23, 2023, 08:58:24 PM

Your insights are indeed on point, highlighting the issues associated with the decision to continue holding Bitcoin during the recession like economic environment that has led to hardships for all of us due to escalating prices of food and energy. Despite all these challenges, we should exert our best efforts to avoid selling Bitcoin for immediate but modest gains. Instead, we should exercise patience and wait for the halving event, which has potential to reward us with huge gains.

If we look back at history, bitcoin has always shown a big growth after the economic crisis slowly came to an end. In this case, the growth started unexpectedly, so many people just didn't have time to jump on the outgoing train. and perhaps the growth will start in the near future
436  Economy / Economics / Re: Which problem will you choose to solve? on: August 23, 2023, 07:46:57 PM
The poor often have a chance to become rich and the rich often have a chance to become poor. The poor evoke feelings of compassion and the rich evoke feelings of envy and contempt. So - if you consider the issues of karma - the rich have more problems because many people curse them. And it is very difficult, being rich, to remain a man with a capital letter. A poor man has more chance of becoming rich than a rich man who has become poor
437  Economy / Trading Discussion / Re: When Trading becomes Unfavourable on: August 20, 2023, 09:14:04 PM
There's no guarantee in speaking about trading when it comes to successful or profitable trades on which there's always that kind of probability that no matter how well or hard we do really make out that kind of analysis then there's always that chance for it to lose or ends up on being negative due to volatility and there's no way on avoiding this. This is why on the time that you would be seeing your trades going south or something that do speak about becomes errors or mistakes then usually people do get impulsive but experienced ones are already get used to it. This is why we do make out some multiple back up plans if ever a certain trade would really become that a losing one on which if ever the price dips then we do DCA if ever it do gains up then we do secure profits. We know that trading could be neither be having that kind of type which you might be dealing up with spot or futures which it does really have that kind of different approach when it comes to positioning and does require that different kind of dealing in times of durations or on how you would be placing yourself towards the market.

Of course, it is difficult to plan now - especially because of the unpredictability of the market. It is not always possible to close a deal at a loss - you can lose all your capital. Intuition and portfolio diversification play an important role in trading. Impulsive trading, unfortunately, often takes place and can wipe out all the profits we earn by hard work in a matter of minutes
438  Economy / Economics / Re: Any business where today you launch, tomorrow you begin making profit...? on: August 20, 2023, 09:08:24 PM
Any form of legal business will never give guarantees that you’ll be in profits right after you have launched it. You have to still work for its own progress until such time that it’ll get the demand from its consumers and it’ll make you profitable by then. However, it takes knowledge and even skills for some business owners to make their business work and last. While some have easily make their business grow probably because the location is perfect and the type of business is for its location gets the perfect demand from its consumers.

The problem is that big companies simply won't let you start a regular business. They have enough resources to keep your business from growing - or the profits will be very small. Try starting a fruit business when there are huge discount stores. There is virtually no business today where you can make an income (legitimate business) as soon as tomorrow.
439  Economy / Economics / Re: Economic Crash may take bitcoin to 1M dollar on: August 20, 2023, 09:04:38 PM
Dunno this sounds more like a pipe dream to me because bitcoin prices correlate a lot with stocks lately. That means when the markets crash, bitcoin will also likely crash along with the markets. It happened recently to… The Nasdaq went down and bitcoin also went down. Bitcoin act like a leveraged index fund for the last 2-3 years at least. In an environment like that I can’t expect bitcoin to swim against the flow. I don’t know what Robert thinks here but I am not buying this one.

What's the point of buying bitcoin at $1 million dollars? How many centuries will we have to wait for bitcoin to become worth 2 million dollars - that is, to get only 2x? The higher the price, the less sense it makes for speculators to trade this asset. We will see.
440  Economy / Economics / Re: How to avoid over expenses and have discipline on: August 20, 2023, 09:01:25 PM
Unfortunately, a lot of us fall shortly when it comes to managing our own finances as most of us end up overspending, more than the amount of our budget or more than the amount of our means. While tracking your spending will be a great help so you will know where your money is going, and where you want it to go, but still for most of us, even setting a budget and sticking to it is still hard and impossible to do. However, if you seriously manage your spending and stick to your budget that you have set, then I don’t think one will end up overspending. Discipline might be hard but if you are making it a habit, then you’ll find it easy managing your finances.

If you have to be disciplined all the time and spend your finances according to a plan, that's how uninteresting life will be. How are you different from a robot? And would you say no to a child who sometimes asks for a new toy just because it's a little over budget?
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