Of course, financially, bitcoin gives us freedom from government control but I don't think that's the top priority. I think its profit is what we prioritize and care about more, then privacy. Indeed, we prioritize the profit. But do you think it should be the main priority over privacy? Of course, the main purpose of Bitcoin was to help people get rid of the banks and the government's slavery. But we mix it up, and we use banks with bitcoin and give them all our personal data, which they use against us. The government wants it's share from people trading earnings. The government has no role in a freelancer's life yet wants the commission from their earnings. So, the priority varies from one person to another person. Some people extremely care about their privacy. They barely care about profit. Well, I'm not saying we should prioritize profits over privacy, but that's exactly what's happening. If people investing in bitcoin are prioritizing privacy over profits or any utility then people should not use centralized exchanges or any centralized service to store bitcoins. But you see, the majority are still relying on centralized exchanges so what's wrong with me saying that people are prioritizing profits more? But you are right, not all, there are still some people who really understand the importance of privacy and they are valuing it more than a lot of other things. There's literally a lot of people that would prioritize their privacy over profits. Just imagine this, especially to the newbies in the crypto industry that would live to invest or trade in Bitcoin. Yeah you might already have the knowledge before entering the market but that's one step to prioritize profits and privacy, to trust decentralized system risked their funds cause they would like to earn profits. Thing is we could agree that some centralized exchanges are more secured and not prone to hackers and scam, the only thing that would lose trust of the customers are the exchanges itself. Cause people would focus on profits to avoid the transactions fees to that exchanges over their security. |
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You're just short on $5,000, which means you could still start a business where you'll have to budget that $15,000. For example, your plan is to buy equipments that require like $5,000, of course you'll have to be creative and to find a way like DIY tables and chair just for you to start a small business. When you just starting to plan a business for sure you are aware of the risk. Even you completed that $20,000 you could also still lose. So there's actually nothing wrong starting from a small capital as well a small business. It would only depends on the owner how he could handle his business like target customers.
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Many people around the world have the current situation. Nowadays, having a single job is not enough to support your neeeds and your family. What we must do is to find another source of income to at least be able to keep up to the inflation. Aside from that, budgeting is really needed, you must avoid everything that will make you lose your budget like eating on fastfood and buying unnecessary things.
If ever you can start a small business, that would be the best way since you can be the boss of your own business. Just plan everything and have a tight budgeting for now until we can keep up to the inflation.
That's right, there must be additional income. If we are physically strong there is no problem (we can work in jobs that are man power in nature) but if we are physically weak, at least sell and have a small business that sells daily necessities, for example selling cigarettes, fuel for motorbikes and daily household needs. day. The results are indeed small, but if we have a family, I think it can cover daily costs, for example, buying fish and shopping for daily necessities at home, at least it can be covered. No matter how small of an extra income it can give us, at the end of the day it will still count. Having a side hustle or part time job outside of our main source of income (may it be work, business, or investment) will always be a good thing no matter how small of an amount it can bring. A side job or hustle shouldn't be affecting your mental and physical health, cause to be honest, I think it also add to thinking that "oh I still have an extra job to attend" which can lead to overthinking and affects physical health like fatigue. Having an extra option for money sources is actually good as long as it doesn't affect your health and time, cause it might sound good to have extra funds but we all know that you know to yourself that forcing something will never be good. Just find extra paying jobs or hustle that ain't heavy, like crypto. |
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In my opinion, instead of being afraid of Bitcoin, any government should invest to strengthen its economy.
They're not even ready to accept it, don't expect them to invest in it. if the government accepts and makes it public that they also invest in bitcoin then the entire population will invest in bitcoin. people will stop using fiat, stop using banks, will the government still exist to enjoy profits from bitcoin? Governments oppose and ban bitcoin simply because it is impossible to control it, so don't expect them to invest in it and encourage people to invest in bitcoin. We're not sure since government are actually ahead and much informed into any technology, they might be aware on Bitcoin existence and tried to explore crypto industry, in short invested at it. Cause they wouldn't ban it if they aware of it's benefits, only think that hinder government to acknowledge Bitcoin is the decentralization and threat to fiat money. They wouldn't really admit investing at it cause for sure it would be questionable for their part to gain profits from a decentralized system which doesn't include taxes. If any people in the country do the same thing, there would be no more source of funds in the country causes the economy to collapse and would be the domino effect. |
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In my opinion making cash from gambling is not a good option and the statistical probability that you will win every game at every casino is very low. I think winning or losing every game is completely in your head, so your individual tricks are not there. However, we all have some kind of luck so we should strive for what is possible for us.
It depends on the type of gambling we play because as far as I know, not all gambling games only rely on luck, for example the poker card game where you have to play by prioritizing strategy to be able to keep up with your opponent and if you succeed in using a better strategy than your opponent then the chance of winning is there. on your part when you are in the game, but it is different if we are in a game like slots or similar which are controlled by machines and systems, then it could be said that only luck guarantees our victory. Though skills are very important in that play still, we need luck in order to win. In general, when it comes to gambling, luck is something we need and skill is just an additional asset. Indeed, you can take advantage of your opponent and raise your chance to win the game. Just like sports betting, knowledge, and familiarization seem to work well and give us a bigger chance. That is why I preferred to gamble in sports betting as I know, luck isn't the only thing we need. It's still literally based on luck, cause for example, in sports gambling you can't still be sure what would be the outcome like one of the player got injured, so you would just hope the team you betted win without their most valuable player right. I could say that having knowledge, familiarized and etc, would help you to be confident to gambling as you have the skills and knowledge to lessen that risk and doubt. And some people could also win big time even without the knowledge and background, maybe intuition could also helps in gambling. I just observed these in the table of poker, where everyone acting like confident would help them to make a proper call, still 50/50 outcome which is win and lose. |
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Ideally, all of us should go to school and get a degree in something we love or something we are gifted in order to further enhance it and be successful in life. This is usually happening in rich and modern countries. But in poor and developing countries, only the rich are mostly doing it since poor and ordinary people usually depend on the opportunities available. Employment is not that easy to find and capital is not available to start a business. Unlike the rich who have the right connections, the capital to start a business, or the capital to travel to faraway places just to find opportunities for the things they love to do.
Schooling is one of the best way to have a high-well paying job once you attained that degree. But we all know that if someone asked you or anyone a "how can you think you would be successful?" and we always have something in our minds that we think are suitable for us in the future and could help us to be successful. And that is that path I think we all should go with, I know it's normal to be scared to risk the thing that you think would helped you to the top. But remember that some successful people also started from nothing. Some people say they already have the funds and the connection to achieve that, but you could also do that on your own, be the connection of people. Earn money the way you really like and could help you to achieve it. It might be a long way but exploring is one of the key to success. |
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Actually both have downsides, cause we keep focusing on the "profits" which we're not taking notes on losses which will affect the expectation on the two. Investment and gambling is literally two different thing, they just similar into the money involved for you to start. If you started to invest your money, you could still expect a return even a small value depends on the market's volatility. While for the gambling once you lose the money, there's no chance for you to recover what you've lost only if you tried to gambling again and won it back, which is the negative side of gambling that might lead people to addiction, cause there's no guarantee you would won since it's based on luck. While in investment in Bitcoin, it would just differ on the calls you would do for you to profit or loss.
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None is better, since getting married over wealth is also not a good option to consider,
Instead I will rather like the question to come this way; being fair rich, crypto rich or which ever form of wealth you will like to add to the question, I will then have to chose from their, if am a crypto millionaire today, what I have is also equal to what I can have in fiat if I want to, but what I have in fiat can also at the same time some times be close to what i can have in crypto the difference is that their are limitations to how much of the fait i can be able to spend or use per day, which is not the same to that of crypto m, so I will rather be a crypto millionaire myself and a fiat thousandaire that way I will be safer as I will have need to spend few fiat couple of times i and I will not have to go through conversion process that time.
It’s better to have my own money than depend on spouse own wealth. That’s just my own point.
While each of us have our own criteria in choosing who to marry and be our partner, I personally agree with you. Instead of relying and depending on my partner's wealth and income, I choose to make my own money and have the goal of being financially stable. To know that that the money I have comes from my own hard work, actions, and decisions rather than someone else (of course this is a personal choice). Moreover, there is also the benefit it will bring to my future family kids to have parents that both make money for the good of our family's financial status. Money should not be the criteria when it comes to marrying someone but the generation right now does care more about wealth than love. Well that is really the preference and it is not illegal but I do hope in the future that choosing someone to marry is pure love and not because of money. It's shouldn't be the criteria for marrying someone, but if you're just meeting someone in the age your finding a partner, for sure you would look for a person that are financially stable. Of course there's a love between two people by just starting from girlfriend and boyfriend to know each other first, some people would try to live in to check their compatibility to each other. From that process for sure you would love your partner which makes you want to marry them. Cause for sure if to people in relationship live in the same roof who has an issue financially then for sure it won't work. I suggest people to be responsible first to yourself before commiting on a long term relationship. |
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There are also many stories of people who have suffered a lot by trading Bitcoin. You too can get hurt by trading in Bitcoin in the future. So you can do a job or business first, as well as Bitcoin trading, rather than building your career in Bitcoin.
Everything we do today as far as our earnings is from crypto space, I don’t think we are 100% sure that it will last forever, but rather we use it for a main purpose or we use it to create another way of earning money outside the crypto space, such as physical business or something similar to that, so that anytime we experience losses or bad times here, we can confidently go back there without suffering from financial problems. I will also like to add on to what you have told the OP. Business is very important. Most people I know use the money they get from crypto to create businesses, so if the OP also does that, it will be helpful for him. Rather than just depending on trading bitcoin, people lose and most normally don't get their money back because the more you trade, the more you will gain profit. Sometimes you will lose, so, OP, don't build your career trading bitcoin; find another way of earning. I think having several types of income is a good choice rather than just getting income from crypto or physical businesses. I agree with you, we can't know whether crypto will last forever and we can't predict that either. I also think that many people are using the profits from their crypto to use to build physical businesses, of course this will be better because they don't just hope for it. just one income. You are right that building a physical business is very important because we can easily teach it to the people closest to us, but only some people like crypto and it is difficult to find people who can teach crypto well. Widening your options and alternative source of incomes is really the best thing to do rather than focusing on one like in crypto industry, cause there's no guarantee that you will always profit here due to volatility. Investing in every profit would expand your money sources as well your income. Actually there's nothing wrong on focusing on one thing as your money sources despite the risk, since you're already familiar and experienced in one industry so investing onto something you don't have any background or knowledge would be a waste. Maybe it's a good choice if you're attaining knowledge first before risking your profits or funds. |
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Why I don't see Philippines in the list cause for sure I know my country is one of the largest debt country. I mean that's not something to be proud of, especially your a citizen living in that country. But to answer OP's question, indeed why they can just pay the debt if they have the money right? If the government focus their funds to pay off their debt, there's nothing left money for them to provide for their needs in the country not only that the economy will be affected, but also the resources for the health sector, agriculture, education, poverty and etc. There's a lot of thing government has to take care of first before paying the debt. Plus do you think they could pay it fairly, I'm pointing out that there's actual corruption thing that could hinder them to provide all the things they could give to the people.
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Among young people is a result of the availability of gambling alternatives, such as sports betting and online gambling. Gambling disorders can have long-term effects on a person's ability to complete their education and choose their future, and young individuals may be particularly susceptible to acquiring these illnesses
Yes, it creates a negative psychological impact which could affect our behavior and thinking. There are no exemptions on this as anyone who gets involved in gambling whether you are young or adult, still has the possibility to suffer such a disorder if not controlled. Gambling should not be taken seriously as it may lead to addiction which usually happens to those gamblers who are spending more time doing this. More often those individuals who are jobless and seeking a way to earn money which brought them into gambling think that this will be the solution to their problem. Imagine a matured adult who have a lot more experience in life and how much money is important to provide our needs still get addicted to gambling, what more to the young kids right? For sure they would think it as a game literally which is fun, but they are not still aware of the consequence of risking money cause when they started to lose funds, not only that their psychological thinking would be affected, cause if they started to be violent and their behavior of course the people in their surroundings which affect families such as arguments. That's what I've actually observed that they are started to lose the people that supports them due to their toxic behavior that they adapted from gambling. |
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I grew up with my grandmother who loves to gambling, since my parents have work, they leave me to my grandma to take care of me. Since she loves gambling she bring me with her (gambling called bringi along the neighborhood which is legal and have permission). At first it looks actually fun cause she gave me 1 card and told me if the number were called just mark it. So I did and when she checked my card and won, she gave me all the prize money reason why I was hooked in gambling.
I mean I don't normalize to gambling in front of your kids which is really bad to adapt, but maybe teaching them some games in proper age would be a beneficial for them trust me. Giving them the tips and skills wouldn't be so bad as long you guide them to the point they wouldn't be addicted and would think of gambling as for fun only and padt time just like what I think to gambling.
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I really want know if getting more degrees can make life financially better because I come from a country where their are no job and I have seen people that the only thing they can do in life is to read books, getting more degrees attaining all these degrees yet no still go job for them with good pay. Do think people who read in a region with slim job opportunities are doing the right thing?
I think it depends on what country you're from, because in my country, there are more job opportunities if you have a degree. Here, even barista and service crews in fast food chains are required to have at least finished their high school or even college. Sometimes, what's even worse is other company imposes high standards and requires their employee to have a degree before hiring them. So, to answer that question, I would say that academic pursue is one of the factors that would help you to get incomes. I think having more degrees provides you with more opportunities and land you with the perfect job. In fact, companies will even fight for you, so you won't have a hard time finding a job because it is the one that will come to you. Having degrees also enables you to have career growth, in which will help you to expand your expertise. Seems like we live in the same country, where the requirements of a minimum paying jobs are too many than a high paying jobs. And there's also a case where new freshly graduates finding a jobs where almost of the hiring requirements are 1 or more years experience so how could they afford to have a job? You could observe that most of the graduates choose to have a job that are not even connected to their degree, not the reason cause they don't like the course itself, but the time that consumes by just finding a job so if you got accepted it's really a go signal. Having a degree is really a beneficial in applying a high paying jobs, but remember that finding jobs is not that easy as it sounds especially in my country. Also some companies are looking for the background of the school as well, cause some private school works by the money so they could say you just paid for you to passed which is very insuslting. |
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A global crisis began after Covid 19 and this crisis still continues its effects. After something ends, a new crisis occurs, such as a war or a refugee crisis, while some balances are disrupted and inflation is fueled in the world. Housing and food prices are currently on the rise all over the world, there is too much demand and the supply does not meet the demand. You need to stay away from stress. First of all, it will be healthy for you to stay calm, make a plan for yourself and continue believing in that plan. Everyone is experiencing these financial problems right now, and they are very serious. If you can meet your shelter and food needs, of course you will need time to find a clean method. Just use your time wisely.
From those sample of global crisis you've mentioned, I have observed that most people really do panic as they rush into the supermarket buying everything they could store for them to be safe at home. And also I observed that people who doing business took advantage of that situation by increasing the market's price, cause they know if you panic, you buy anything. That's actually stressful for the consumer as they need to buy their essential needs without having a job especially in the pandemic days. I dealt these kind of situation early before people and the market started to change, like the Covid-19 starting from two digits, I already started saving money as well resources. |
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This is by just simply knowing that Bitcoin is decentralized, which can't be controlled by the government. If you see the people in your country much prefer digital currency which is Bitcoin than the country's own fiat currency, what do you think would be the impact to the economy? Of course it would affect the value of their own currency which eventually drop the economic status of the country. This reason why some of the country doesn't welcome and acknowledge Bitcoin cause of the risk, but some legalized it not only that it's actually convenient to do transaction globally, but the fact that they know the Bitcoin once converted to fiat, would eventually circulate to the market which could be a great news for the country.
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Those two words, if you connect them to the Bitcoin industry, are, for me, equally important. Because if you have something like that, eventually there will be a change in your life if you have Bitcoin holdings and knowledge. Obviously, you wouldn't go out of your way to own Bitcoin if you didn't find anything wrong with it.
What if you have no knowledge but buy Bitcoin and hold it long-term? Of course, at this point, while you are waiting for the right time to sell here, it is possible to learn what Bitcoin actually has and why it has become attractive to the majority of wealthy investors around the world. So, for me, if you don't have knowledge about holdings, you can make a mistake in what you choose to hold. But if you go with knowledge, for sure you won't make a mistake that you want to hold for the future.
That's right, because knowledge without practice does not make sense. It's just a lot of theory and facts that you know, but what profit is there from them if they are not applied in any way. You can know at least all the facts of cryptocurrencies and have excellent technical analysis, but what is the point of this without investment? But the presence of holdings but the lack of knowledge is even worse. Such an investment will lead to the fact that the trader will invest without understanding, and falling into the scam. After that, such a bad investment will depreciate, and as a result, the deposit will be zero. In general, one without the other cannot have profit and meaning in general. Knowledge without action? Thats just a brain full of facts, not getting us anywhere, right? But get this. Without any knowledge, thats a crash waiting to happen to our money. Imagine having a stash of Bitcoin and zero know-how - you are the best victim for anyone, including hackers, exchanges, etc. And it is a sad end Now, mixing both, thats where the magic happens. Knowing the ropes and taking the plunge – thats how we roll, and thats how we grow. With each transaction, we learn, we adapt, and we get better, aiming for that sweet spot where knowledge meets action in a perfect blend. That's actually useless to be honest, being brainy without executing anything would not help you to achieve anything in your life cause you are gatekeeping those potential in your brain. Always remember that hardworking people outgrow person with knowledge because hardworking people have the consistency and they based on the experience. If you have Bitcoin and does not know what to do with it it's like having a treasure you're not aware of. Of course hardworking people could also be scammed due to they lack the knowledge that's you really need both in life or else you'll get stuck into your current situation. You can always based your understanding by just experience, you'll need to find the facts especially in Bitcoin or crypto industry where you involved money, meaning there's a hacker and scammer. |
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Back then I was a kid, Mozilla Firefox is the one that helps but after upgrading my computer, Google were the one who's have been with my side. It helps me to almost all of the things for decades even there's a new whenever I upgrade my windows recommendations for other search app or browser, I still find Google and download it. From helping me for my studies, to helping me for my money sources such as jobs especially in the pandemic days. If I could only see the history of my Google from my old computer to compare the progress and my hobbies today. Actually Google's other app like photos actually worked which is I'm really thankful since my phone broke and couldn't recover it, when I logged in my account to other phone, my grandmother picture was there and I'm crying, I did not save it but Google did an auto recovery.
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Well almost everything you said is true like Bitcoin is an asset that has a good potential especially in the long term. And the fact that you could control your own assets as if it will rely on your hands for your every call in the market. But let's not sugar coat and be biased in Bitcoin, it's actually convenient as you could transfer and do transaction worldwide by just having the internet via Bitcoin. But some transactions can also be slow or having traffic due to many people are having a transaction at the same, which could be bad thing if you're converting funds into fiat in case of emergency. And also don't forget it's volatility that also involve risk if people are not aware from it, which I don't blame Bitcoin but the user already.
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I don't understand the marketing part but in trading you'll need to learn it for a few months or even years and try to do a demo. Right now I can see that you still do not have any capital so it is better if you can find work first so that you have a source of income. After that learn trading so that when you are ready you have capital to start.
There are tons of tutorials online and for free. Just find what best suits you because we don't know if you are a reader or want some videos to learn. Just search on Google and YouTube and you'll find dozens of them. I just want to advise you to do it consistently like on a daily basis and do not stop until you learn it.
I see that OP is very ambitious to trade, I just remind him that don't have the thought that we will get rich or successful quickly with bitcoin trading, because if we have thoughts like that then usually everything that is done will be accompanied by excessive ambition, and in my opinion it is not good for our psychology. because in trading we have to really master the terrain and that's not enough because we also have to have calmness or in other words we have to be mentally prepared and so on. As a beginner it would be nice to learn and understand in advance everything in bitcoin, and indeed as you say it will take a very long time to understand it well. Trading is actually a good money sources, but for starters who doesn't have funds and would really need money it could be the worse cause for sure OP went to trading just to earn money which he would have the mindset of easy money or quick rich. I strongly agree that being so optimistic to the part that you might not control your emotions in trading because by just a simple loss, it could change your mood and thinking easily. My advice for starters especially to people who doesn't have the funds yet to start, try to invest at yourself first, invest by attaining knowledge to deepen your understanding, invest your time as being consistent would help you to be familiarize on the platform and how things work. So when the time comes you are ready to enter the market, not only your funds are ready, but also the trader. |
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Using a VPN can shield Bitcoin traders from government surveillance. However, the primary obstacle lies in anonymously converting cryptocurrency profits to fiat currency and depositing them in a bank. To overcome this challenge, traders should seek exchanges capable of facilitating peer-to-peer (P2P) fiat transactions. Successfully achieving this can effectively mitigate the impact of government bans.
Well the problem is whenever trying VPN, there's a bad connection into some countries that could affect investing and trading like for example when doing a transaction, if you have a bad connection it could be voided cause you to lose more funds. P2P wouldn't be an issue as there's a lot of platform that could handle this kind of transactions and as long you have converted it into fiat for sure government couldn't traced and do a thing about your funds. Use VPN into countries that are capable to handle the signal from yours, cause sometimes it might look good as the bar is green, but if you used that country to connect, it would definitely lag. |
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