Money is absolutely necessary to fulfill your basic needs and lead a quality life. There's a limit after which how large your income is doesn't matter to the standard of your living but till that step, you are compromising in order to save money. A quality life needs healthy food and diet, a quality place to live, sound health and quality education for your child. But 80% of the world population are currently struggling to achieve their basic needs. Let alone a vacation, people can't even find a day off and the day off they get are when they are layed off. Keep saving for your life and if one of the family member gets seriously ill or had an accident, it would be emptied in days.
The main thing is to fulfill basic needs first if you are able to save it to others and one more thing And this sometimes we also often forget to save for ourselves when death comes. The cost of funeral processions and khenduri after we die. If we have also included the list for the bereaved families, it is not too much to lose the cost of funeral processions and solemn events and praying for the next few days according to customs can go easily. |
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Bitcoin is not a scam, it depend on the business involved, beside bitcoin is a legit business that connect world together as one price in the ecosystem.
Yes. friend. If it is a scam, BTC has not been heard from until now and the fact is that BTC is now the main concern of the world's economies and investors and just waiting for their action in giving a positive response to be able to be mass adopted in our daily lives in the future. Maybe when many are still hesitant and this is not too interesting for those who are skeptics but I have a hunch and this makes me smile they will also go to BTC eventually too. Yes. Financial technology continues to move forward instead of backward. |
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5. Governments are averse to unpopular decisions.
Another reason to buy Bitcoin is also inherent in the system we live in, where the incentives themselves only push Bitcoin’s price higher. The only way for it to decrease, in my opinion, is if governments and politicians were to start acting in favor of the citizens. If you don’t trust this to happen, as is my case, it further reinforces the bullish thesis for Bitcoin.
It’s a fact that with the debt-based monetary system we live in, countries are becoming increasingly indebted. When it comes to paying off these debts, there are several ways to “bleed” the population, although in my view, inflation is the preferred and most obvious method (which also pushes Bitcoin higher).
I am again waiting for the El Salvador government to pay their debt to the IMF with BTC. If it is paid off, I think El Salvador will be an enviable pilot project for other countries in the implementation of financial inclusion in terms of servicing national debt. The current conditions, let alone paid off, the interest alone has many obstacles to be repaid. This is the real source of chaos that many of the country's leaders must immediately think about, otherwise the public will continue to face uncontrollable increases in the price of goods every day. |
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I think it's easy if we have the foresight and have the spirit to invest, of course, the salary choice we take is in the form of cryptocurrencies that have long-term potential such as BTC, ETH, but if we don't have that soul, it's better to still receive a salary in Fiat instead of risking a decrease in value due to market fluctuations and later feel disturbed in carrying out work activities.
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if the price of the coin goes down it is even a good time to collect and invest in coins. because it can maximize the profit that can be obtained when the bull run starts. why is this the right time. this year bitcoin has a post halving halving celebration the price of bitcoin will definitely go up. and altcoins are just waiting to join the altcoin seasson bull run.
It seems like a pre-planned plan, but regardless of this, anything can happen in the market. What is certain is that today's events also really trigger the potential for BTC to fall again to its previous level after the previous increase. Moreover, many are waiting for a decision regarding an Ethereum Spot ETF which will also give investors direct access to the price of Ethereum, maybe. |
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If you had $500, which coins would you choose to buy
I have surveyed but not all altcoins, only a few. It can be said that on average they are very vulnerable to correction if BTC goes down. Maybe from me at this time ZIL is the right one to buy, ZIL's performance is really given a thumbs up now, but if you trade and look for data, for example, those who were previously competing at CMC, for example $MANTA or $ALT, my advice is don't. because traders tend to sell when prices rise only a little. |
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I planned to buy some altcoins now that we are in a bear market but someone I knew is telling me not to, that its possible more dumps will take place, my question is how will I know when it's the right time to buy coins?
If you want to buy, prepare the time to look at the market at least once, otherwise you will get stuck and won't be able to place a selling bid. If you have time, it is always highly recommended now, but if not, what your friends give you is very suitable and useful for you, so that later you will have emotional stress so that you can make decisions that make the estimated value of your assets decrease day by day. |
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Added
When I use the term BUY, I'm relating to the exchange of pleasant ideas that means contributing in terms of advise and sharing of informations that will help improve our knowledge on certain fields.
Most people will always go with their own idea in every circumstances thinking is the best solution to their problem whereas there are times we seek solutions from others, backed with the saying Two good heads are better than one.
Indeed, not everyone has the relevant knowledge or experience in every situation. If you are sure, do it and if there is non-constructive criticism that is irrelevant, ignore it because it is seen as disrupting the decision-making process that has been previously determined and can also have the effect of reducing your self-confidence. |
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For example, if you want to make a WD or deposit at a Exchange, always read the existing rules and follow them, otherwise what you want will be problematic.
Well, I think you have to get used to this, otherwise there will be a lot of mistakes made over and over again, even if you are already skilled, there will still be mistakes if it is done in a hurry, and on the other hand, it will feel comfortable if it is done correctly.
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i have come across several topics about buy and hodl bitcoin so i actually wish to know the sole objective of acquiring bitcoins.
Bitcoin, like regular money, can be used in many ways and it's just a matter of how you earn additional BTC by trading it properly. The only thing you need to know is that price movements are as frequent and changeable as they are today and the popularity BTC has skyrocketed of course. |
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Also you shouldn't be disappointed or give up in bitcoin or crypto investment if trading hasn't work for you just try to HODL bitcoin or at least do more proper research on the altcoin you choose to HODL while if you are still have desire to trade, reduce the amount you use in trading, try to avoid risk when necessary and continue to learn to improve your skills and knowledge about trading.
I also just adjust to the rhythm of the market game. they come in and place my bid on the market and as soon as it goes up a little and they start selling I sell again. if that's not what we do, we'll just be respectful spectators. The incredible performance of BTC and alts kept everyone busy. |
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This is a great approach to start with by mastering technical, fundamental and candlestick analysis. I didn’t find myself in trading until I met a good trader friend who started explaining everything to me and showed me how to trade. I took a lot of strategies from him and still use them to this day. This is kind of my story of becoming a trader; without my friend, I would of course have made a lot of mistakes.
What to think and worry about when buying alt coins? Technical guidance is a must and if you are already involved in trading, it is not like playing on a demo account, you need tactics and strategies that ultimately make a profit, otherwise don't waste your time just looking at charts and watching prices. The shorter the time, the better, because you can sell it faster and increase the value of your asset. |
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That's right and having big money also comes with big risks when investing. So. proper management is highly demanded here. So it's not wrong if having savings does contribute to financial stability in the future. Indeed, if someone has strong finances they gain public recognition because at first glance they appear capable, but the contribution of individuals who are not yet involved in the future should not be ignored.
Anything called investment is full of risk, and you have to know that first, before you really want to invest in anything, apart from, of course, just wanting to save in the bank, it will be safe, there is no risk, and it will only have an impact on financial stability in the future.The greater the funds invested in the investment, the greater the risk of loss, but the opportunity will also be greater to be able to do anything, as well as the ability to gain large profits as well.Logically, you are right that someone who is established and has strong finances will get recognition from society, but if someone who has money does not contribute to society, then he will not get that recognition either.In the end, balance is needed to achieve the best. I agree with what you both said, but what we have to ensure is how to position ourselves to be able to achieve both. Living in society is a must, but having money also means that at least we are not too marginalized in our actions and giving opinions at any time. |
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Indeed, for people who are optimistic about bitcoin, choosing a buy the dip and HOLD strategy is a good strategy to add to their portfolio. However, as an investment strategy, of course, buying the dip must be accompanied by controlling risk. One of them is by determining the target selling price when we buy when the price drops.
Not only that, this factor alone requires reading the direction of the market. For example, if the market keeps going up and up in a day, slowly and normally, in general, the lowest price is what we are most looking for to buy, especially if we have set a schedule beforehand in a week, at least we can buy and BTC installments at least 3 times. |
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tapi bagaimanapun saya ingin belajar dari member yang lebih tinggi apakah sebenarnya ada waktu yang salah untuk berinvestasi di Bitcoin?.
Jika Anda melakukan trading, maka Anda mengambil keuntungan atau kerugian namun jika niatnya beli dan tahan utuk jangka waktu yang lumayan lama itu namanya investasi maksud saya jika anda beli BTC saja dan jika anda ingin Around the World hal pertama yang harus anda lakukan sebelum membeli koin adalah melihat ke dalam komunitas mereka dan memastikan bahwa pengguna dan pengguna terlibat dan responsif. |
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