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541  Local / Trading dan Spekulasi / Re: Mentalitas yang kuat juga diperlukan dalam trading jangka panjang on: September 17, 2023, 02:10:50 PM
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Seharusnya memang menjual ketika sudah mencapai target jualnya. Setiap kita beli koin, pastikan kita punya target jual. Tidak wajib 5 tahun juga, yang penting jual pas waktu bullrun season. Saya sendiri targetnya bullrun season, nanti susun ulang lagi asetnya setelah masuk next beriash season. Rasanya sayang jika harus melewatkan momen bullrun.  Grin



Sangat setuju gan, menurutku yang bikin kita bisa punya mental kuat itu ya disiplin sama target kita jangan sampai terlalu serakah udah profit cukup sesuai target tapi masih ditahan-tahan karena pengen profit lebih, selain itu juga money management, mental kuat bukan berarti kita harus tahan dan biarin berapapun kita loss, tapi juga tahu batasan berapa kita bisa loss dan memutuskan untuk exit dari market, kemudian analisis ulang buat bisa tahu waktu yang tepat buat buy/masuk market lagi.
542  Other / Beginners & Help / Re: I just purchased my first satoshis on: September 17, 2023, 02:03:09 PM
Congratulation on your first buy, moreover I think your timing to buy your first Bitcoin couldn't be better. I saw at least on the last couple of days, the Bitcoin price is recovering, currently 2.8% price increase for the last 7 days at the time when I write this reply based on coinmarketcap. I can't guarantee but I hope after your first purchase of Bitcoin you will see some profit.
543  Other / Beginners & Help / Re: Is it too late to seek a new beginning? on: September 17, 2023, 01:30:50 PM
It is never too late to learn, especially about Bitcoin and cryptocurrency which is a fairly new things. It's ok that your initial motivation to join this forum is money, but you finally realize that you will actually earn more if you focus on learning new things on crypto. I think one of the best thread for beginner is by Ratimov, Beginners & Help Encyclopedia, it's like one stop solution if you want to learn anything about crypto, blockchain and Bitcoin. It's kind of an index of a very useful thread, you might be overwhelmed by the amount of thread listed, but my suggestion is to start from the Bitcoin section.
544  Other / Beginners & Help / Re: Was it my fault or not? on: September 17, 2023, 01:33:45 AM
There is a lot of inconsistency in OP’s story and I agree with those who believe the story was made up. But on the other hand, I think there is a lesson to learn here because OP is not the only one who has tried to add bitcoin payment in his business. Others have done so in the past, and there may be members who would want to do the same. I would advise you only accept bitcoin as a payment method if only you’re the sole owner of the business and you can bear the loss if anything goes wrong. The story presented by OP may be fictional but it shows how risky it is to coerce people to invest in bitcoin.

Yep true, accepting bitcoin in a business where we are the only person who actually understand how Bitcoin works is very risky, especially if we are not the one who will take most of the risk where something bad happened. Tho OP could make the owner learn the details of how bitcoin works and he should put extra effort on that, but still if something bad happened OP is the one that will be blamed.
545  Economy / Economics / Re: Save your environmental economic cycle on: September 17, 2023, 01:11:54 AM
I believe this is due to inflation. but apart from that, the management is also to blame for this because even though inflation, financial management, capital and the supply of goods must really be at the right calculations, if you miss this, it is possible for the retail store to go bankrupt. Apart from that, maybe they can't adapt to the current market.

Not only inflation, yeah that might also one of the factor, but the more significant one is the disruption of the online marketplaces. Aside from a food product and other product that can be produced locally, online marketplace definitely is more interesting for buyers. Big company that produce the product can sell directly on that marketplace, if we compared to the local shop who buys the product from distributor, the price on online marketplace for certain product is much cheaper.
546  Economy / Economics / Re: 1.34 trillion asset manager Deutsche Bank to offer Bitcoin service on: September 17, 2023, 12:38:21 AM
Not to be negative, but I think Custody Services by bank is too risky for both the Bank and the Customers because of Bitcoin volatility. As far as I know, when we hand over our assets to the bank for Custody service, those assets will be lended by the Bank to the other customers. If on the period of those lending, the Bitcoin price change either surge or drop significantly, it might be a disaster for the Bank and the customer.

Custody service doesn't work that way! It's not a deposit where banks offers you an interest on it. Custody service literally means safeguarding an asset against a fee. So when you deposit bitcoin to the custodian, they will safeguard your bitcoins against a monthly or annual fees.

In case, some hacker hacks the bank's wallet and steal everything, your bitcoin will remain safe because it is the custodian's responsibility to return the bitcoins to you and the assets are always insured. There's no pending involved in custody.

Oh okay, maybe I was lost in translation, but I don't think I can find a similar practice in my local bank, especially related to crypto asset. I really thought that 'Custodian Service' means that customer deposit their Bitcoin and they can't withdraw it for a certain period of time, and they will get some interest at the end of period. What is the benefit for the customer to use the custodian service instead of just using a cold wallet then? I mean would prefer just using a cold/hardware/offline wallet.
547  Economy / Economics / Re: Economics 101. Stagflation. on: September 16, 2023, 03:06:09 PM
Okay, I have a question here.
In the past, let's say even a couple of centuries ago, humanity was still battling natural forces, unable to produce enough for everyone. If there was a drought, a flood, or something else, it was a catastrophe because the already limited resources got even more scarce, resulting in even more people dying. But starting from the industrial revolution, we did a major breakthrough which allowed to finally overcome the issue of not producing enough. Growth was very important to finally reach a point of abundance.
Now, the thing is, we've reached that point. Globally, we produce enough food to feed everyone, enough clothes, enough medicine. Perhaps not enough housing, but also a lot of vacant housing and all the resources needed to build more. But we're still stuck in thinking that slower growth is a bad thing, and no growth is terrible.
Isn't the issue no longer about how much we produce, but how we use and distribute what we produce? So doesn't it mean that we could, hypothetically, significantly improve the lives of people without any economic growth necessary? So couldn't at least some issues be resolved by focusing on redistribution and rethinking priorities?

You have a valid question here, but the condition you explain will only happened if the world is in ideal situation, but that's not the case, nothing is ideal. Unfortunately most of the world is run in capitalistic manner, everyone looking for profit, you need money to make money, the more money you have more money you can make. Thus result in bigger economic gap. People who own most of the housing/real estate is people with much capital, all they want is to get more profit, they will not sell lower, let alone give it for free. On the other hand, the people who need the housing doesn't have enough money that is needed to buy the house. Same happened in other commodity, seller want more profit, buyer don't have enough money, and those sellers won't sell it cheaper because they already have much money it's not like they need to sell it immediately, they can wait, they think have enough money to spend until they got the ideal price.
548  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: How Tokenization Can Revolutionize the Global Economy on: September 16, 2023, 02:17:47 PM

Art: Tokenization can democratize the art market by allowing anyone to invest in artworks from renowned artists and galleries. It can also create new revenue streams for artists and collectors by enabling them to monetize their works through royalties, dividends, or appreciation.


Art Tokenization, well NFT did that few years ago, most of the artist doesn't like the idea. It has many issues, mostly the art thief, some random people tokenized other people art, and up until now, I don't think the problem is solved, so no for art.


Sports: Tokenization can empower fans and investors to participate in the sports industry by allowing them to invest in teams, players, leagues, and events from various sports such as football, basketball, cricket, etc. It can also create new ways for sports entities to raise funds and reward their supporters.


The only thing I have seen working is an NFT Collectible Fan Token, but it's not very popular either. If you want to tokenized a sports team, how will yo do this? sports team working fine without any token, so creating a token to split the ownership is unnecessary, they can just IPO, creating a token will be just a gimmic. My point is, sure you can tokenize anything in this world, but not everyhing need to be tokenized. 
549  Economy / Economics / Re: I tired of Banks my experince with nyc high value Property on: September 16, 2023, 02:10:37 PM
And instead of providing money for business mind people like me they just don't care about what is the idea but all they want is me to pay them.
After all they are a business, they need to pay their employee and they need to make money to survive, and their main business is loan, so yeah they provide you money but they will take advantage of it.

Yesterday i was talking with one of the biggest USA bank they told to me i have to put down minimum of 40% down payment for buy to rent Property purpose of loan.

I don't know how the credit/mortgage system work in your country, but from where I came from. If you put more down payment, you will have lower total interest, and if you want to want to get the lowest possible down payment you need to have a good credit score. You should check whether that 40% down payment actually give you lower total interest that you need to pay or not, if yes then the bank is actually helping you.
550  Economy / Economics / Re: 1.34 trillion asset manager Deutsche Bank to offer Bitcoin service on: September 15, 2023, 02:16:07 PM
Not to be negative, but I think Custody Services by bank is too risky for both the Bank and the Customers because of Bitcoin volatility. As far as I know, when we hand over our assets to the bank for Custody service, those assets will be lended by the Bank to the other customers. If on the period of those lending, the Bitcoin price change either surge or drop significantly, it might be a disaster for the Bank and the customer.
551  Economy / Economics / Re: Economics is not fulfilling its true potential as a science on: September 15, 2023, 02:04:07 PM

What do you think about economists, who study the theories of economics and brag about being vast in the study of economics, yet doesn't help or contribute sufyficiently to control or stop world economic meltdown? 


No, they can't just fix the economy by knowing how to fix it, they don't have the power and resources. Fixing a macro economic problem required huge political power and resources, even in a scale of a country, let alone a global economy. Just like all those scientist, both Economist and Scientist can only make a suggestion and expert analysis on the matter, they still need to push government and people who has the political power to actually execute a possible solution.
552  Economy / Economics / Re: India Expands G20 Membership to G21 During Its Presidency. on: September 15, 2023, 01:37:09 PM
Do you guys think he canceled his visit because of the existing border issue with India or something else?

img source

I guess thats the main reason, other than that India is also getting closer to the U.S now, so this is like the worst time for India to invite Chinese President. What might add another heat for China is since India change it's international presence to Bharat, there are some concern that they have hidden agenda, like expanding their influence in Southeast Asia, which is also the Agenda of China.
553  Bitcoin / Bitcoin Discussion / Re: Ignore the new Apple toys & Invest in Bitcoin, history always repeat itself. on: September 15, 2023, 11:54:32 AM
I am not going to judge anyone who is buying the newest iPhone, I have some friend who creates daily content either for their own social media or youtube channel, or for some brands, and they earn money from that, so some people actually buying iPhone for work and they can earn money from that meaning it's not a waste of money. All that being said, I also know some people who buy the newest iPhone every year just to impress others.

All I am saying is that everyone have their own preference in investment, for some people iPhone is also a kind of investment.
554  Other / Beginners & Help / Re: What motivated you to join the forum? on: September 15, 2023, 11:47:50 AM
I want to announce to you that if you are only here because you want to make quick money, then you may mostly likely not make the money and here will be so boring to you because you will reveal that tendency and the OGs will notice you.

Funny thing is when I first know and join this forum, I never knew that I can earn money from this forum in any way. I only want to learn about crypto because I need to receive international payment with cheap fee. But then I know that I this forum has Marketplace for Service section, then I can sell my service here, since then my motivation has been about money by selling my service here, and I actually making money from that. That's why I am kinda slow in ranking up, I don't really contribute much for this forum actually, but I guess I still contribute with what I can and have. I still like to learn new thing new thing from this forum but mostly not about crypto or Bitcoin, more about other people idea and opinion, about other countries and international issue, etc. 
555  Economy / Economics / Re: On Apple's $200 billion dump and US shooting itself in the foot on: September 15, 2023, 11:39:22 AM
You have shared great news, but I doubt if it is new.
It is a couple of days old but it is new and I wouldn't call it "great news", it's just one of the changes in the current chaotic world. Not to mention that China is not that different from US.


Yep, China is definitely not so different in the US, I only ever heard of what US done to countries that need to be 'freed' and shared some 'democracy' I never witness it because it never happened to my country. But for China, I actually witness how bad they are, their 'investment' money bring chaos in my country, they don't want local labor, China bring their own labor, lower class doesn't actually get any benefit of their investment, and even worse their latest investment, are about to create a civil war and local rebellion, they forced people to move out of their own land.

556  Economy / Economics / Re: Was just watching the big short. Why do the times suddenly feel similar? on: September 14, 2023, 01:49:43 PM
I said it the other day whilst playing golf to my m8 that something big was brewing, I could just feel it. Could we be on the verge of some crazy market crashes like in 2008?

You know in the Big Short, Michael Burry not only just have a feeling or gut, he actually was reading the data about the mortgage balance sheet of 2003 and 2004, and he found it strange, that's how he correctly predicted the housing bubble burst in 2007. So, if you can elaborate more about your feeling, and maybe provide some data, then maybe we could have a real discussion here.
557  Economy / Economics / Re: Tim Gurner wants Unemployment to increase. Employers have lost their power. on: September 14, 2023, 01:43:04 PM
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His opinion actually make sense. Some employee are demanding too much right now and that is pretty weird because there is a set of rules that you need to follow as an employee. There will be always alot more of employee compared to the employer so instead of just submitting to all these silly request and whatosoever, employer could just cut them off then hire another person that is willing to do the job right

Its pretty simple actually, if you are not happy with the terms then you leave and find another that suits you

Tim Gurner opinion make sense only to the low skilled labor. As you said, employer could just fired an employee and find another one, but this only applied in low skilled labor, because many people can do the job and the training/trial period is quick and cheap. But in high skilled labor, the demand for 'good' employee is actually higher than the supply, not everyone has the set of skill that is required, and even when the employer can find another employee they need to train them about the work-flow and some basic principle of the company, because not all company has that the same, and in high skilled-labor job, that's not cheap for the employer.
558  Bitcoin / Bitcoin Discussion / Re: Effects of introverts against successful investments on: September 14, 2023, 01:30:35 PM
Oh yeah. behold I got my wishes granted even beyond my expectations as she has gifted me  a pair of K2 boots, a Gucci foot wears (Pam's) and a HP laptop/capacity 4GB/250HDD.

No offense, I don't want to say you are lying, but I kinda get why people in here don't believe your story, because they cant actually verify any of that. For me what's really bugging me is that, you are investing in Bitcoin, so you should be doing a lot with your laptop, but there you said that you are buying a Designer Flip-Flop, a Gucci, while using an 4GB Ram Laptop, I am not sure if that laptop would be able to be used for work nowadays, 4GB ram will run out only to watch a single youtube video, with windows 10/11 on it. I mean that's really weird how could you invest in bitcoin while using that outdated laptop, do you use your phone all the time, maybe you have like a flagship phone, or a tablet?
559  Economy / Economics / Re: Human Capital, An Intangible Asset for a Company's success. on: September 14, 2023, 11:06:35 AM
I always admire companies and businesses, big and small, that heavily invest in human capital. A happy, healthy, and satisfied worker will always be a lot more productive than a worker who is underpaid, overworked, and is only keeping the job merely for the reason that he/she needs to eat three times a day. That's regardless of working hours.

In reality, big companies are doing it until they need the employees and once there is a way to cut short their expenses on salary, no big company hesitates or is willing to lose their profit instead of firing people so there is always some dark story behind every company we may or may not know.

But as you said if they keep the employees happy the results will be more efficient but I am afraid of what the future holds for us, especially with the development of AI, people are gonna lose their jobs and they have to prepare themselves for it with an alternative revenue stream.

Very true, anyone who has worked for a company knows that in most company they don't really care about heir employee, all they care is profit. Everything that company do for their employee is so their employee can generate much more profit for the company. All those companies will not hesitate to just dump any employee if they aren't considered as profitable anymore. After all, the 'Human Capital' or 'Human Resources' is the easiest resources to be exploited.
560  Bitcoin / Bitcoin Discussion / Re: Common Bitcoin ideas on: September 14, 2023, 11:00:40 AM
This brought me into thinking how do we make people understand Bitcoin properly in order to prevent them from being scammed and end up disliking the crypto space. Is introducing them into Bitcoin talk enough ? If no what else more can we do easily to make them actually get the idea of Bitcoin.

To answer your question, in my opinion, first and foremost, find the right person/people, if you just pick random people who doesn't actually need bitcoin, you will be forced to sell them Bitcoin as highly profitable investment because that's the easiest way to make anyone interested, and that will give them the wrong idea and motivation to get into Bitcoin.

If you actually want to introduce people to Bitcoin, find someone who actually needs Bitcoin as currency, maybe someone who do international transaction, they will be interested if you tell them there is a new kind of currency that is not controlled by any entity, the transaction is seamless and the fee is quite low.
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