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61  Economy / Economics / Re: Isn't it all about money? on: March 06, 2024, 08:15:58 AM
This is just a matter of placing your principles in living and fulfilling your needs. Sometimes you are busy with urgent demands and inevitably have to push to become a person who has the ability to survive. Likewise, what other people do will all be busy with the level of their needs. I don't deny that everything comes down to money but that doesn't mean we give up our lives for money. For example, to fight for loved ones and that is a strong encouragement so that we continue to have improvements in performance, competition between people and social status in society.
In living life, a person must be able to meet the needs they need and must also try to work hard to be able to meet their needs with the skills they have. Of course everyone needs money to be able to fulfill their needs and desires because without money it will be very difficult. to be able to get what they want, if we have people who can support us to be able to produce better performance than before, of course this is a motivation for us to be able to work harder so that we can have a decent life according to what we have done.
62  Economy / Economics / Re: What is The Negative Effect of Inflation on Household Savings? on: March 05, 2024, 04:22:41 AM
Imagine just working for 10-15 years, and then suddenly a horrible high inflation happens and whatever you have saved until that moment becomes peanuts. This is what many people all around the world lived, in many countries. I have to say that people literally wasted their decades for this and got nothing in return and that's why it's so bad.

I believe that the best thing to do would be saving in bitcoin because of this exact reason, so that you wouldn't lose it all, would make no sense at all if people did that. I personally believe that the best thing to do would be never to get out of crypto in general, it would not give you anything good in return. I get why people want something more tangible, but it's just not a good idea.
Of course this is very disappointing for us because we have worked for so long and the savings we have have lost their value when we want to spend on something. This is a situation that we cannot predict and we have to face this and the impact caused by inflation is really very difficult. in managing income during inflation and the savings we have will decrease in value when inflation occurs.

Choosing to save and also invest some of the income we have in Bitcoin is really a good choice in maintaining the value of the assets we have in the face of inflation and some people who may not have the courage to invest their savings because they don't understand Bitcoin well, but for those who have can understand well how Bitcoin works, of course they will invest their savings and leave a little for emergency needs so they can carry out investments well.
63  Economy / Trading Discussion / Re: Trading can ruin you on: March 05, 2024, 02:29:31 AM
Trading can ruin you if you treat it like gambling. Trading requires knowledge and experience. When you are trading something only because you like that token then it is not trading anymore. There will be no difference between a trader and gambler because in both cases they are depending on their luck. Also don't every invest any asset that you can not afford to lose.
When we treat trading like gambling, of course we don't have in-depth knowledge about trading, so we are careless in choosing the tokens we will buy and don't do any analysis, so this will be very risky of losses. Of course, everyone who trades must have good knowledge about trading and also experience, even for those who have a lot of experience, they will still experience losses if they are wrong in analyzing the market. If we have chosen to invest in an asset, of course we already understand the possibility of losses that we will incur, so it is important that we understand the risks we are taking. face it.
64  Economy / Economics / Re: New business idea. on: February 13, 2024, 01:35:11 AM
businesses also look at the place and what factors make the goods sell, so if you see someone's business is successful it means he has predicted what will sell there, for example people will not buy ice cream in snowy/cold weather.
Whatever business we are going to do, it will be adjusted to the situation and environment where we are going to do business, because the environment will always have the main influence on all elements of running the business. After that, it is clear what funds must be prepared.I agree. If you do business with basic necessities, there may not be a problem because it is a primary need, but if you trade in other things, then you have to adapt it to the environment to see if it is acceptable. If it is acceptable, then it will be successful.It is indeed not easy to carry out because all aspects must be considered carefully so as not to be disappointed.
Having an environmental location that is suitable for the business we are going to run will of course be able to make the business run well and this will enable us to easily develop the business we are going to run, because if we choose the wrong type of business we are going to run then It will be very difficult to be able to develop this business and we cannot run the existing business well and before we build this type of business we must have preparation and also have to see whether the business idea that we are going to run has potential in the environment where we are going to build the business that or not.
65  Economy / Economics / Re: A course worth studying ? on: February 13, 2024, 01:05:39 AM
Everything depends on the desires and potential that exist within oneself.
As the OP said, we have the same opportunity to be able to advise/give advice to others on things that are worth learning.
STEM courses are also very good and there are many choices that can be taken according to your desires and abilities, but my advice is that the difficult thing to find is your potential, so it is important to explore this first.

Exploring our own potential actually won't be that difficult as long as we have the will and ability to know what we can do with something we have mastered. Because someone can certainly judge themselves in this matter, especially if they have previously taken a course that can direct them to become better in life, even though some people may still not be able to give advice to others. However, that doesn't mean that some people can't see opportunities and use them well for themselves, because everyone will definitely care more about themselves before starting to care about other people in any case.
It is not difficult to be able to explore the potential that exists within ourselves and we can see what we like and can benefit ourselves and if we have found what can make us feel comfortable in doing this then this we can continue so that we become experts in that field and when we have become experts in that field we will be able to easily gain expertise in that field so that we will be able to earn income, because everyone who wants to learn a skill field of course they want it to be easy earn income.
66  Economy / Trading Discussion / Re: Should trading be for the rich? on: February 13, 2024, 12:45:55 AM
Yes trading is to get rich, everyone usually trades to get rich, but it is not for everyone. Those who want to start trading should understand everything well by trading on demo account when they are new and always research the market. Because it is very good and smart idea to learn everything well by trading demo account when you are new. This is very important. Because you can never succeed in trading with zero knowledge. And when you trade your full attention should be on trading only because if your mind is on other side while trading, then you will lose your money as you will not be able to make the right decision. Some traders only think about losing money while trading, they always have the same thoughts and they cannot make the right decision. As a result they always lose. So research the market  during trading and if you don't have enough knowledge then gain knowledge first and start trading with small money first.
If you think that by trading you will easily become rich then you have to have large capital to be able to trade and using large capital in trading certainly has greater risks and also greater profits if we can do it right, try a demo account It would be very good if you don't understand anything about trading and don't have market research, because it will be very different from trading with a demo account using real money. We have to be able to analyze correctly the type of coin we are going to trade.
Every beginner certainly needs knowledge about trading first so they can start trading so they don't make mistakes when trading that make them lose money from the trade.
67  Economy / Trading Discussion / Re: What traders must know on: February 13, 2024, 12:13:03 AM
Success in the cryptomarket requires an essential skill set that every business should cultivate.  Patience is the most important thing.  Because the market can be volatile all the time, you have to wait for the best opportunity.  Risk must be managed through prudent and investment strategies.  Always keep in mind leverage in futures trading.  Since crypto investing involves risk, fear and greed must always be kept in check.  Which will be essential for you to take proper decision.  Trading strategy in crypto currency should be followed by practicing discipline.  Then you must be one of the successful traders.
To be successful in crypto, of course you have to have good skills and knowledge about crypto and we also have to understand correctly how volatile market movements are and we don't need to panic by selling at a loss and we have to be wise in deciding something and not do it wrongly. in a hurry, when investing in crypto which has risks we must be able to control ourselves and not do it greedily so that we make the wrong decision on the investment we make and will not be able to get a profit from the investment and also we must continue to learn about crypto even though we already have a lot of knowledge and experience in the crypto world.
68  Economy / Trading Discussion / Re: Why are people getting scared to Trade on: February 12, 2024, 11:51:02 PM
These people are probably aware that there is high risk of losing from trading. They don't have the courage to trade knowing they failed to acquire the necessary knowledge and experience that trading needs.

Trading is a profitable activity and a lot of successful traders have been living their success already. For those who don't trade, aside from lack of knowledge and experience, it might be that they are still not ready to lose so they try to avoid trading as much as possible.
Of course, those who do not dare to face the risk of losses from the trading they do will never try to trade because they will not understand the knowledge about trading well and this will also make them not have the courage to try trading.

Those who have achieved success in trading have had a lot of experience and also understand trading well and those who have not tried it certainly do not have the courage to try it and also they do not want to learn so they will never try to trade.
69  Bitcoin / Bitcoin Discussion / Re: Understanding the basics in Bitcoin before investing on: February 11, 2024, 08:40:22 PM
Newbies should know that investing in bitcoin carries high risk. If they are not patient enough and would always want quick profits, then they won’t be good with bitcoin long term hodling, since the price varies from time to time. One day it’s going upward, then suddenly its price declines, so your faith and patience will definitely be put into test.

However, as you go with bitcoin long term hodling, you will also develop your own strategy and slowly understand the process. Just learn from the early successful investors and you will have the chances to be like them too.
For those who don't have patience when looking at market conditions and they want quick profits from investment, it is impossible for them to get this because the price can change at any time and for some who are just starting out they will panic because they don't know how Bitcoin works so some don't dare to hold until they sell at a loss.

Yes, of course it would be very good if in the process of collecting Bitcoin we could learn about it from those who have a lot of experience in investing in Bitcoin and also we have to be diligent in looking for information ourselves and if we don't understand it well then we can ask those who have experience in this field to be as successful as they have become.
70  Economy / Economics / Re: Quitting Smoking Has Two Big Benefits. on: February 11, 2024, 08:19:57 PM
90% to quit smoking is very difficult like me. What I experienced when I smoked was that stress or problems made my emotions subside and make me more relaxed. It's true that if you think about it, burning money can buy valuable things, but it's hard to stop. I'm trying not to smoke too much so that I can manage my finances better
Many people who are addicted to smoking also experience the same thing as you, they are aware of the disadvantages but find it difficult to stop.
Reducing may be one solution while slowly eliminating dependence on cigarettes to calm yourself down.
I have thought about all this and in my opinion this is our mindset that makes the desire greater for us smokers in our free time and only a great desire and habit can stop it.
Indeed, everyone who smokes is of course aware of the harm they will get from the habit of smoking and most people ignore this because by smoking they can calm their minds and there are some people who can focus more when they do work while smoking, however This can only be done by those who work outdoors and for those who work indoors it will be difficult to smoke while working unless their work area is allowed to smoke and it is very rare for indoor jobs to allow smoking.

To be able to reduce it is certainly not an easy thing to do, but if we are able to reduce it slowly, of course they will be able to eliminate their smoking habit and this will also have a good impact on their health after they can stop smoking and they will also be able to save their expenses after stopping smoking.
71  Economy / Trading Discussion / Re: Most Traders are Not Profitable on: February 11, 2024, 07:59:47 PM
sometimes I think like that, logically I think if they are experts in trading why do they have to bother opening paid classes, showing them on YouTube, if the trading they do is accurate and profitable I think it is better for them to focus on their trading and enjoy profit rather than having to bother opening classes or anything that asks their members to pay money
Of course it would be better for those who have had good experience with trading, if they really want to share their trading strategies, it would be better for them to show them on YouTube and if they can't do that, I think there may be some people who take advantage of this situation to cheat. beginners who are new to trading and they want profits and they take advantage of this situation to make profits by opening classes that teach about trading and they have to pay for it but it is not certain that the strategies they teach can produce profits from their trading.
72  Economy / Economics / Re: Coping with Risk. on: February 11, 2024, 07:39:12 PM
I think everything is risky, so it depends on the investor, which instrument he is more comfortable investing in, I think each sector has its own advantages and disadvantages.
so it depends on each person.
To be able to avoid the risks that we will face in investing or trading, we must first be able to understand well the knowledge of investing or trading and it is true that what you say in these two things will certainly have advantages and disadvantages and if we have to choose between these two things Of course it would be better for us to understand correctly what we are going to choose and how to reduce the risks that we will get from these two things and we must also be able to solve any problems that we might get from investing or trading.
73  Economy / Trading Discussion / Re: Do You Use Crypto Signals? on: February 11, 2024, 07:19:41 PM
Yeah I do follow singals and i think singals could be an additional helping tools that would help you during investigation the market. Besides singals also saves lots of time too. And in my opinion it won't be bad to follow signal until you completely depends on it. Cause not all singals will proves profitable for you and it isn't wise decision for a trader to completely depend on other skill and others singals rather than developing yourself. Thus a person can differ how to use singals and which singal will be more better to go with
From my own way of trading I only follow a signal that aligned with my own trading strategy which would give me more confidence to pull the trigger I think it would be of great help if a trader who wanted to rely on trading signal to have an in-depth knowledge of trading atleast that would help to avoid trading blindly and if a signal is provided that would also help the trader to filter most of those signals, I believe any venture that involves capital needed to be given much attention to it so as to avoid losing all the funds that is where or why many traders fail in trading and consequently lose their funds
If you use signals that are in line with your trading strategy, of course there is nothing wrong with this, but if we follow all the signals and don't have any knowledge about trading then this will be very detrimental to us, because it could be that the signal provider service we choose only looking to profit from their views and never thinking about whether the people who follow them will be able to make a profit from their trading or not.

Yes, of course we have to pay attention to the signaling service that we will follow and it would be better if the trading strategy we have is interconnected with the signaling service and if we choose the wrong signal channel, of course we will experience losses from the trade we will do.
74  Economy / Economics / Re: Cryptocurrency impact on Economy on: February 09, 2024, 12:36:56 PM
In short cryptocurrency plays an important tool to solve the problem about poverty and unemployment which for me helps improve the economic growth of a specific country. Take note that we are still in the early stage of adoption so expect to have a massive adoption in the near future.
Some people who have been able to take advantage of crypto will be able to increase their income because they can invest the money they have or trade to get income from crypto, if those who don't have a job will of course also be able to invest or trade using their income. from campaign payments that are followed in this forum so that they have earned income according to their abilities, if mass adoption can occur of course this will be very beneficial for those who understand it well so this will be very profitable for those who know more beginning.
75  Economy / Economics / Re: The savings problem on: February 07, 2024, 10:21:32 AM
I'm referring to the stage where individuals are already financially independent, meaning they are already working. I agree that if they are still studying, they can still rely on their parents until they finish their studies. However, if it is about having a job or planning to start a family, they should strive to build their own life independently without the financial support of their parents.
By having a job, it is not certain that someone can achieve their financial freedom, because if someone has an income and they cannot manage it well then it is very unlikely that they can have financial freedom and for those who are still in school and have parents who can afford to send them to school, of course they haven't thought about how to find a job that gives them an income because they still have parents who give them money for them to go to school, but for those who want to start a family of course they have to look for a job and manage their income well so they can save for the family's future. so they can meet their family's needs.
76  Economy / Economics / Re: Poor people need solution now on: February 07, 2024, 10:01:14 AM
If this is your preferred system, why not ditch money altogether? If you've got fruits and you need grains, why not just go for a barter? Money in this primitive design is superfluous. And money backed by something perishable is probably not a good money. Besides, since it isn't a legal tender, it doesn't create a certain level of security for its users.

I can remember when I was a kid and we are living near the sea. Fish and fish products are abundant. But we need rice and there are no rice fields there. We go to places where rice is abundant and barter our fish products with rice. The people there are also in need of what we're bringing. Both our products are in demand.
If the valid means of payment is easily damaged then it is very unlikely that it can be used as a legal means of payment and also everyone will certainly not choose money that is easily damaged because this will make them lose the assets they have if the money they save has been damaged.
Indeed, it would be better to just barter because we will be able to get what we need by exchanging what we have for the type of goods we need and this will really benefit both parties who both need what they don't have.
77  Economy / Trading Discussion / Re: When Trading becomes Unfavourable on: February 07, 2024, 08:58:13 AM
Just do the trade that what works for you. If following the trend works for you and it is profitable then go with it.

If doing day trading works for you then be better with your decisions and be profitable.

Not at all times you will be a profitable trader. So do what makes you good and you know how to come up with it as you trade.
Yes, it would be better for us to choose the type of trading according to the knowledge we have in order to make a profit, because if we follow the current trend it is possible that we will not be able to properly analyze the current market conditions so that we make mistakes in analyzing the market and also make wrong decisions in trading, it's true that a trader can't always make a profit, of course they make mistakes that result in losses from the trades they make, so it's important for us to be careful in deciding something when trading to be able to minimize losses in trading.
78  Economy / Trading Discussion / Re: Trading is hard!!! on: February 07, 2024, 08:38:17 AM
Trading is like a game. You need to find the pattern and use that to make the best out of it. Recently i saw a documentary about a young boy who made millions of dollars by trading by using his soccer video gaming mind. He was very good at playing online soccer games and he was very patience. He used to observe his opponent for a long time and then strategies for his move. Trading is also something like that where you study the market, find the pattern, and make plan for your next move.
If we have a good understanding of trading, of course we will be able to easily make a profit from the trades we make, when someone is able to observe market movements well then it is very possible for them to make the right decisions in the trades they make so that they will easily make a profit when trading, indeed this is almost the same as playing a soccer game. If we can understand the team we are betting on well then we will be very confident that we will be able to win the bet we place.
79  Economy / Economics / Re: Crypto investment vs real estate investment : Which one more dependable? on: February 06, 2024, 12:15:11 PM
Real estate require a lot more money that merely the capital that you spend to buy the property. There are things like maintenance cost and transfer and admin fees and property taxes that you must add to your investment cost.

Bitcoin investment is easy and much cheaper. So I prefer something with less hassles and hidden costs. (The trading platform charge a small fee for the trade, if you buy and sell it on exchanges)
Yes, both investments do have their own advantages, if we choose to invest in real assets then we must have large capital to be able to buy them and also have to pay maintenance costs for the assets we own, because if we don't take care of them properly then the property we own will become obsolete and the price will remain the same as when we bought it or even cheaper if there is no maintenance.
If we choose to invest in Bitcoin it will be easier if we understand it well and we can start with whatever capital we have and also we will be able to trade if we want faster profits.
80  Economy / Economics / Re: Will people ever get tired of trading bitcoin? on: February 06, 2024, 11:50:10 AM
It is quite true that holding in the long term will provide a greater Roi someday and also we have seen stronger price movements from year to year so holding is one of the keys to achieving greater profits in the years to come. Invest with money that is not used for other purposes because it will not burden your mind when prices fall and long-term planning will run smoothly if you are not burdened with thoughts.

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Holding for a long time is a situation that is easy to do, but you must also be prepared with the funds that will be used. because if the funds used can be provided as long as possible and are not changed from the investment that has been made, of course it is just a matter of time to receive an increase in time.I agree that if you want to invest for the long term, you have to use funds that are not mixed with your needs so that you don't waste your mind sorting them out.Long-term investment is an investment that is very safe to do; just wait until the time can be determined.​

If we choose to hold on for a long period of time of course we have to have good planning before starting, because if we don't have a plan before starting then it will be very difficult for us to persist for a long period of time and our habits will experience difficulties if we don't have a plan good investment.

When we make an investment, it is very important that we do not use the funds for other needs because if we do not prepare the funds first to invest, of course we will have very difficulties when carrying out investments and we need these funds so that we cannot complete the investment that we have started.
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