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If government cryptocurrencies were to be used everywhere, would gold be necessary in that case? The whole question is what will state cryptocurrencies end up being tied to - or will they just end up having a limited supply? Thus, the price of gold will either rise in the future, or gold will simply have no value.
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There's always a different perspective from different type of people around.
If given a chance, having a business is mostly what people will choose as they can established good financial stand once they found the right venue and right kind of business that they'll going to take.
While with some other people, either they don't have any chance to choose and they are always big obligations that need to address, that's why they end up working on a daily basis for the rest of their lives.
Of course, the character of the person must also be taken into account. Some people, despite their ambition, can be good performers but cannot become leaders. They have to literally change themselves to be able to lead others (even if they have the necessary level of knowledge and ability). |
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Everyone needs both, most people would prefer big profits but not many dare to take big risks. I agree with you, it all depends on your capital size and trading style. Sometimes not all big profits come from big capital, but that only applies to people who dare to take big risks. I myself always use the small but consistent profit method because everything needs a process to get big profits, study the various risks that will come, I'm sure if I can manage all my finances then I will be able to get big profits with a level of risk that is not too big.
To be satisfied with a small profit, you have to have a stable income not only from trading cryptocurrencies. If you focus only on trading, you will have to make normal money - or find another way to make money. That's why you need to develop strategies that make as much profit as possible with a certain level of risk (making $10 a day may not be enough to meet your current needs) |
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It is not advisable to make bitcoin trading your only source of income. Its movement is too unpredictable to make a steady income. Yes, some people manage to make a steady income, but very few. Even if you are successful now, it does not mean that you will be successful in the future.
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The problem with the career of a salaried employee is that he can always be fired, and then because of competition or age he will no longer be able to get a similarly paid position. A business owner - if he has successfully found his niche, he is more firmly established on his feet. Of course, the risk of the business owner is greater, but there are also many advantages
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Imagination is definitely the first step towards making something happen. After all we are jere because we are imaginative, our species has come this far because we are inquisitive and smart enough to be curious and imaginative. And of course, planning wouldn't go anywhere if you don't do it. So with that being said, you also should make sure that whatever you imagine, important or not, you go out of your way to achieve and fulfill it. Otherwise you'd be sitting there collecting dust, and by then you wouldn't be considered imagining or daydreaming anymore. You're lazing off and procrastinating which is the enemy of progress.
The basic question is, what is reality? Is reality when we sleep or when we are awake? It is not uncommon for us to dream events that later occur in reality. Is it possible that our imagination is able to influence reality in some way? If the goal is clear to the smallest detail, it often is. |
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Investing in cryptocurrencies is quite a risky venture due to the fact that cryptocurrencies are currently little accepted. If a project looks stable enough, it does not mean that it will be in demand. It is difficult to define the criteria for a successful project. Luck play a big role here. Although luck loves the brave.
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the least risk means that the project is clear, the progress feels slow but in fact the progress is definite progress that is always developing and always follows the project path that has been determined from the start. projects like this even though low risk is very difficult to predict because in crypto we see even more than 100 projects every day. because it would be better to really do in-depth research on the project we want to invest in.
The problem is that an in-depth study of crypto-projects often does not have the desired effect. On paper, everything may be beautiful, but in reality this project may not be interesting. Or the main goal of developers is to sell their tokens faster and go into the shadows. They can tell a beautiful story, but the reality will be completely different. |
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Poverty is a certain test that a person has to pass in order to test his strength. If a person has character and willpower, he can always find a way out of this difficult situation. Poverty is not the end of life. It is just a difficult situation. Therefore, one should not give in to despair.
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It is true that Bitcoin is not consolidating its position at the moment but it should be kept in mind that Bitcoin is the king of all cryptocurrency markets. Bitcoin is The most reliable and profitable of all cryptocurrencies.
The market always fluctuates as the bear season is going on and the bull season is about to come but if some one wants to invest or has already invested in bitcoin before the bull season and more if some one has capital then this is a great opportunity for investment.
As far as risk is concerned, Bitcoin is the only cryptocurrency with the least amount of risk involved. Bitcoin is the only cryptocurrency where I have never felt at risk while investing.B itcoins should be taken at the lowest possible price because such an opportunity does not come around often.
The most important thing is to understand when the lowest possible bitcoin price will come. If only there were accurate indicators to indicate this... How it happens, we can only judge in hindsight. That is why it is necessary to invest at any time, but it is necessary to evaluate possible risks and take into account that there is always a chance to lose all your investments |
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At the moment, I personally do not see a shortage of products. But producers have taken advantage of the situation - and have sharply increased the prices of everything. The government is trying to take measures, but so far there has been no noticeable effect. What is more dangerous is that natural resources are shrinking, there are problems with access to fresh water - that's where the main threat is.
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Setting aside 1/3 of your income is certainly a reasonable measure, but the question is what to keep your savings in. Cryptocurrencies, stabelcoins, fiat, gold, or something else. You need to understand how liquid your savings are and how secure they are against depreciation.
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The recognition of cryptocurrencies is, on the one hand, a good thing. On the other hand, we are sinking more and more into digital slavery. The worst thing that could be waiting for us is state-owned cryptocurrencies. I think all transactions will be completely transparent. And anyone will be able to see your income and expenses. And your personal account associated with government cryptocurrencies could be blocked at any time, depriving you of your sources of income.
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With that right mindset, everyone has a high chance of having a better future. Using cash only helps a lot as it makes you adjust and only buy stuff according to your priorities. It is easier to spend money by using debit and credit cards. Credit cards are even more worrisome to those people that have limited salaries. Having debts with interest because of groceries is a big NO.
Extra stuffs that are not part of our basic needs are not really bad sometimes. We just have to limit it according to our earnings. And savings for investments should be given priority over luxury.
The problem with cash is that you have to store it somewhere. And the more cash you have, the more space you need to store it. Of course, you need security measures. The problem with non-cash is that you often have to prove its origin. Otherwise they can be suspected of money laundering. If a person spends more than they earn, then either they are completely immersed in credit or they have dishonest income - hence, the attention of the tax authorities is assured. |
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When you store money, the only thing you can observe over time is its gradual depreciation. When you store bitcoin, its price may fall - but there is always a chance that the price may rise. Another important difference is that bitcoin currently has interstate liquidity (unlike money). That is, you can exchange bitcoin for any country's money.
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The process of trading brings a certain adrenaline rush. That's why it's hard to restrain your emotions - we are not robots. A person behaves reasonably up to a certain point. Then one small mistake and impulsive actions can occur. That's why you should not restrain your emotions too much either.
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In principle, it is never too late to invest. The main question is how long you are willing to wait. And whether you are ready to survive the moment when your portfolio begins to rapidly diminish. At that moment, you want to sell everything - and, by the law of meanness, you sell everything at the moment when the market starts rising again.
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You have to sell cryptocurrency in a falling market in time, otherwise you might find yourself selling at the very bottom. Unfortunately, it's hard to say whether this crypto-asset will come back to life when the market starts to rise. That's why selling cryptocurrency on a fall may be the right decision.
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If you don't have a job after graduation, it's not necessarily the fault of education, it's because you haven't tried your best. Many people have just graduated from school without experience, but they are willing to do low-wage, even unpaid, jobs to gain experience. But many people graduate thinking they will only go to work when they receive a high salary, while they have no experience other than the degree that many others also have.
In my area, many college students are unemployed, and they blame it on education. But when I tested a few people in my neighborhood, their knowledge was even lower than that of a 9th grader. Maybe partly the fault of the education system in poor countries, but mostly our fault because we didn't study hard to get good knowledge. For these people, they deserve to be unemployed when they graduate.
To be successful requires many factors, not every university can be successful, but if you have a high level of education, you will always have more opportunities than others.
It is important to keep in mind that majors often become obsolete before a person graduates from college. That is, when a person goes to study a specialty that is in demand at that time, it can happen that by the time he graduates from college in a few years, that specialty will no longer be in demand. That is why higher education should be preferred to short-term specialty courses. |
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It is hard to imagine a financial system that is not dependent on the dollar. There is a lot of talk about de-dollarization, but the dollar is not particularly depreciating in different countries, which means that there is still a demand for the dollar.
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