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741  Economy / Economics / Re: Should you save, when you are wealthy? on: April 05, 2023, 04:13:23 PM
I think the first step is a stable income, then you can save a little of your income, then invest it, but it is better if it increases your income, then your investment will start faster and will bring a larger amount of profit.

This means that you are suggesting to share a portion of the income we have to invest, yes indeed that can be said to be good because some of the money is still used to be driven into investment and the other part still has to be saved to take care of other things in life. But if the investment is planned for the long term, then it would also be better to make some effective steps to support better income because periodic investing also has a certain way for everyone to do besides doing it DCA.

The following are a number of steps that may still be very feasible and can be taken for investment by young people as well as adults, as stated on the manulife website, as follows;
  • Understand the Concept and Risk of Investment
  • Have Clear Financial Goals
  • Determine the Investment Instrument
  • Open an Investment Account
  • Execute Disciplined Investments
742  Economy / Economics / Re: Money as a store of value... on: March 31, 2023, 03:42:53 PM
Firstly what is the word store of value;store of value is something that maintain its worth both in the present and the future.Money is a type of assets in an economy that you can use to buy goods and services from other people or businesses.One of the functions of money in an economy is that it's serves as a store of value.
     A store of value is something people use to transfer purchasing power from the present to the future.
     While money is an asset that can store value, and also Gold and silver for example, acts as store of value.
     Since money is accepted as a store of value, trade is much more efficient.When an individual or business accepts money in exchange for a goods and services, the seller can store the money in a bank account and retrieve it later in the future.

In fact, in general, there are three functions of money, and what you said was one of the three functions of money, while you didn't mention the other two. The first function of money is as a medium of exchange, the second is as a unit of account and the third is as a means of storing value. Now, the derivative function of each money must also be known mate, where In its development, money is also used as a tool in the economic system so that it has other functions apart from what I have mentioned above.
  • As a means of transferring wealth
  • As a driver of economic activity
  • As a means of payment
  • As a means of hoarding wealth

In addition, each community must also know the types of money in circulation in their respective environments, such as types of money based on their material, namely coins and banknotes. As for the type of money based on the issuing institution, there are also two, namely, currency that is often used for payments by everyone and the other one is demand deposits, deposits or checks issued by the bank.

One more thing, the type of money based on its value is also divided into full bodied money and token money. Full money is money whose value is equal to the material used in its manufacture. For example, money made of gold has the same value as the gold from which it is made. Meanwhile, sign money is money whose value is higher than the value of the material used to make it. Source: bmoney.id
743  Economy / Economics / Re: Elon Musk and the fall of Twitter on: March 30, 2023, 04:44:44 PM
Elon Musk of course has high ambitions when buying Twitter, Twitter's first target after buying Elon Musk is to become the biggest social media to beat the others, and from a financial perspective, I want to oblige customers who have a blue tick to pay regularly, unfortunately this is responded negatively by most users.

From one of the sources that I read, there are three reasons why Elon Musk wants to buy Twitter and I think the three reasons that I mean are very appropriate and also very natural for Elon Musk so he (Elon Musk) wants to buy Twitter. Because Reporting from the Washington Post, Elon Musk explained that the purchase of Twitter was not solely to make money. Musk mentioned that he doesn't care about the economy.

His intention to buy Twitter was based on his desire to have a public platform that users can trust to the maximum and be broadly inclusive. and the three reasons I mean based on sources from blog.amartha.com are as follows;
  • Making Twitter a Trusted Platform
  • Platform for Free Speech
  • Fighting Bot Proliferation
744  Economy / Economics / Re: Planning avoids unnecessary expenses on: March 18, 2023, 11:32:24 PM
Planning before implementation might sound like a good idea but if care is not taken one can still backslide during implementation. That being said, Pele - one of the greatest footballers already said  "No one can win a game by himself". The best way is to welcome ideas and possibly team up with someone.

If the plan is to start a business with a bigger contract in the long term, it is better to choose someone to work with. But if planning is just for yourself, I don't think it's necessary to involve other people into your personal matters because usually someone who is broken and fails to develop is also caused by someone you already trust too much. You can see examples of several other people who have made previous plans even though they are for different plans in terms of spending.

A person will always be more easily destroyed by his own friends if he trusts a friend too much and opens up every personal thing that he should keep secret for others (including his own friends). So you also need to sort this out in more detail before making a plan for something better, because knowing the purpose of the plan will also be much better before directly trusting someone to implement something.
745  Other / Beginners & Help / Re: How can old people use bitcoin? on: March 08, 2023, 08:22:30 PM
Old human beings are the first to emerge as inclined to scams if adoptions comes around, and I suppose like crypto is a spectacular way for these guys to get screwed.

I think for those who are always updated about technology, of course they will not be deceived, actually some of us know about Bitcoin and they even adopt Bitcoin, and actually this also depends on how they understand, if fraud is declared against parents I think this it also happens, even if we take it in terms of fiat currency they will also be deceived, because this also goes back to one's mindset.
746  Other / Beginners & Help / Re: Bitcoin is to grow your money on: March 08, 2023, 08:13:58 PM
everyone has a different opinion on this matter, but what is certain is that everyone is also looking to profit from investing in bitcoin,
and I'm sure a beginner or even a senior, definitely looking for profits.
And that should be the final stage of every investment made, every user certainly expects profit behind everything that has been tried, here it happens and applies to everything, both you, other users and every investor. this has become the ultimate goal of everything where of course they will pay attention to profits in the end.

but lots of beginners who experienced investment losses in bitcoin because
lack of knowledge,,,

In general, this will continue to happen, those who are less observant to understand all of the main aspects needed to invest, the lack of knowledge about investing in particular will make them really lose what they have spent and from every hope they want, but this also happens when ambitions cannot be controlled properly, I think they really should be able to master in advance either in terms of knowledge or other important aspects of real investment.

747  Economy / Speculation / Re: Can we experience $80k this year? on: March 08, 2023, 08:02:01 PM
It will be very difficult to reach $ 80k I did not have the same belief before the halving happened but what is certain is that the usual bull market will definitely come soon and this is due to the effect of approaching the halving so we have to wait to see how the market moves.

Yeah sure and it's a pretty big number in our opinion, we're in the third month of the whole year and certainly have felt a bit of a recovery from the start of the year, and getting to $80k in this year has been difficult and it's an early time to get there, this number it is included as a new ATH that will be created of course, those who are expecting here at too early a time can be said to be difficult. Moreover, all this time we know that price increases are always followed by corrections that have occurred in these several recoveries.

The concern is that it will definitely happen, but we must be prepared if it is true that bitcoin has experienced a significant decline, but what is certain is that surviving is much better than selling due to panic.

Sometimes we have often seen the concern that a Bitcoin user is always on the wrong track when a correction period arrives, it's just that they have to prepare well, some choose to sell and vice versa choose to hold even some of them are ready to continue adding, but that's just need to pay attention to the value in the number of effective and inefficient when this is followed by excessive ambition.
748  Other / Beginners & Help / Re: Bitcoin is to grow your money on: March 08, 2023, 07:47:45 PM
You are actually saying what I have in mind too,in as much as a member can have money through Bitcoin, I don't really see Bitcoin as a tool for financial breakthrough, any beginner that have the motive of investing on Bitcoin to eradicate poverty is really getting it all wrong.
Sometimes they don't know about it from the procedures for using Bitcoin, maybe they hear about it from some successful Bitcoin users from the point of view of real things they see and it doesn't mean Bitcoin isn't real, I think from here they are inspired to get involved in cryptocurrency without paying attention to some The most important aspects for them to learn first before taking further action.

In as much making me is also involved in Bitcoin, I will always advise beginners to first learn how to trade in Bitcoin, learn and understand about Bitcoin and also,Don't ever invest in Bitcoin a money you can't afford to loss...that's my say though

And actually they need all of this, knowledge about Bitcoin, how to use it well, learn the trade, or from a good Investment point of view in Bitcoin. This is an important aspect for me for beginners who really should gain knowledge and in terms of other important aspects, as we said, investment should be prepared for what it is used for and of course be willing to lose and this is the risk of everything.
749  Economy / Speculation / Re: Bitcoin Value till 2033? on: March 08, 2023, 07:33:53 PM
Maybe most of its users have a perspective that it will be good this year, of course they expect the best for the price this year, but I think Bitcoin will run in its own Line Cycle where this year there will be a good increase and maybe it will also follow with a mild correction, but it would be likely that Bitcoin will reach a new ATH even if not this year, and this may happen in the next few years and its popularity will increase significantly.
The popularity of Bitcoin has been increasing for a long time and for new ATH in Bitcoin I'm still not sure it will happen this year even though the price improvement in Bitcoin itself will continue this year. Because when Bitcoin users start to increase in number every year, price increases will also continue to occur due to more demand. But to find out the price in 10 years as asked by the OP I think it's still very difficult to say because price increases are always spiced up by corrections in the market.

in this year we have only been a quarter of the way through the year, and since the beginning of the year there has been a small bull that we have felt from Bitcoin although sometimes it is always followed by a correction that occurs when the Value starts to rise, which as we have tried to give a little signal which is good for a recovery that may not be too significant, and at least it has given a little hope of a good start, but expecting Bitcoin to reach a new ATH within this year does not sound very effective, because the current movement of the market is not getting a stable coordination point,

which we can only give a hint that it will be good in the next few years, although it will take at least as long as the OP said. And in the remaining few months of this year, we will of course see whether there will be significant changes to provide a new realm towards a new ATH, even though this ATH was not created this year and within the timeframe stated by Op.
750  Economy / Speculation / Re: Bitcoin Value till 2033? on: March 07, 2023, 08:44:27 PM
I was wondering that what could be the value of Bitcoin as Bitcoin Is always rising if we take a look at its peak chart from 2009 to 2023. And if it continues than what will be the price after 10 years and I am very curious to Know about this.

Maybe most of its users have a perspective that it will be good this year, of course they expect the best for the price this year, but I think Bitcoin will run in its own Line Cycle where this year there will be a good increase and maybe it will also follow with a mild correction, but it would be likely that Bitcoin will reach a new ATH even if not this year, and this may happen in the next few years and its popularity will increase significantly.
751  Bitcoin / Bitcoin Discussion / Re: If bitcoin is lost in a wallet can it ever be recovered on: March 07, 2023, 08:37:44 PM
Impossible, except for the wallet you said you had already transferred, and what makes you a little safer is that you didn't send it to the wrong address, in the sense that you transferred it to another wallet, maybe when you send to the wrong address this can be sure you have lost your assets completely, maybe the way is only to find the position and who owns the wallet, I don't think this is an easy job, it can be said that it is very difficult.

Maybe we can track it down just by knowing the amount that is there and listed in the search, but finding the identity of the owner of course we can't, or you can be sure that you will lose all of the amount you transferred.
752  Economy / Speculation / Re: What comes next for Bitcoin: $20K or $30K? on: March 07, 2023, 08:29:19 PM
I must admit that I fail as we are in the end of the month now and yet spiking and holding 25k cannot attain , and also maybe even March isn't enough to break that target , but also I believe that the question is for the whole year and not just this February or the next month.


The Bitcoin cycle will of course continue to run in line, last February may have been a failure, for March now it cannot be said for sure, of course there will be no accurate predictions, there have been changes and increases that occurred in the last month, which must have happened yesterday when the increase hit by frequent price corrections, and the cycle is still running between $22k and $23k, I think for the rest of the year it's going to be a significant pump it seems.
753  Economy / Gambling discussion / Re: Premier League Prediction Thread 2022/2023 on: March 07, 2023, 08:21:17 PM
In the match between Fulham and Arsenal, I think Arsenal will be the team that will win the match as favourites.  Arsenal continued to lead despite Gabriel Jesus' injury, which was a very important development.  According to many, Jesus' injury would leave Arsenal without a striker and cause problems on the offensive line.  Despite this, Arsenal are still in the lead.

Yes, we think so too, this is not a game and a tough opponent for Arsenal, even though they are currently experiencing some of Arteta's players are injured I don't think this has affected Arsenal too much, because they have several other players who are performing quite well, win Over Fulham for Arsenal this will be an opportunity for Arsenal to be able to extend the gap in points with the Club below it.
754  Economy / Gambling discussion / Re: UEFA Champions League 2022/23 Season on: March 07, 2023, 08:13:13 PM
Because it seems that looking at PSG as a whole, we can predict that they will be eliminated in the last 16 of the Champions League, although we cannot say this prediction is accurate information, moreover, keep in mind that they will play Bayern Munich, this is one of the candidates. a good team in league competence, but this is football anything can happen, soon we will see the second Leg match between PSG and Bayern Munich which will be held on 09 March.

Maybe this one is the hardest match to predict about the game between Bayern Munich and PSG. We know Bayern Munich is a strong team and the first team in Germany where they are the first hope for the Bundesliga title every year however they are right now racing with Durmound for the title while PSG got powerful forwards like Mbappe and they can hope for victory in this game the last time PSG played in the home while this time they have to play in Allianz Arena where Bayern Munich can have more benefits and I guess Bayern Munich will have more chance.

Which, of course, has a greater chance for both of them to be obtained by Bayern Munich, in the first leg match PSG was unable to lead the match at its own cage, now in the second match they will visit Bayern Munich where of course Bayern Munich has a good chance to be able to lead this second leg. . Psg itself has a very strong forward line with the placement of 3 big players, and I think this will be an obstacle for Munich, but I think they have anticipated it.

Bayern Munich is a big team and one of the good candidates in the League, this is the match between the two big teams where both teams have quite good performance and players who are quite shrewd, both have targets to achieve in the league, and here Bayern Munich is more of a chance for me
755  Economy / Gambling discussion / Re: UEFA Champions League 2022/23 Season on: March 06, 2023, 02:07:54 PM
Indeed, PSG can also win without Neymar, in the previous match, they played with a 4-4-2 formation and deliberately backed down to accept the defense to take advantage of the space behind Bayern Munich's high defense, they were wrong to use that tactic. I think they need to push the lineup like they did at the end of the game and this time start with a 4-3-3 to look for a goal as soon as the game starts and their defense needs to be more cohesive, not messy, disorderly as recently. Perhaps they must do so to expect a victory over the mighty and comprehensive Bayern Munich.


I think they have to play a little aggressively if they want to win this second leg, as well as the strategy they have to implement as well as possible, because this match is important for them, they need a little extra strategic encouragement especially when they face Bayern Munich who have been very good so far. competition, as well as Bayern Munich they have to be observant / thorough in the second leg, will determine who will qualify for the next round, I think Bayern Munich themselves have prepared very well.
I haven't seen any outstanding performances from PSG in the Champions League so far. The team is the best ever for League One. After adding Lionel Messi to the team, I did not notice any extraordinary performance.

Because it seems that looking at PSG as a whole, we can predict that they will be eliminated in the last 16 of the Champions League, although we cannot say this prediction is accurate information, moreover, keep in mind that they will play Bayern Munich, this is one of the candidates. a good team in league competence, but this is football anything can happen, soon we will see the second Leg match between PSG and Bayern Munich which will be held on 09 March.
756  Economy / Economics / Re: Benefit from Higher Education? on: March 06, 2023, 01:59:44 PM
I wonder if higher education will help for entrepreneurship?

Actually it doesn't determine education, but I think this is also an alternative to implementing the insights that have been obtained through education, because theory and material can determine how efficiently a person's performance is in managing an entrepreneur. But what is certain is that not all entrepreneurs use higher education alternatives to manage their entrepreneurship, they are able to examine every aspect of their entrepreneurship by following their own entrepreneurial procedures, but are more perfect when they get more insight from their education and can implement it as much as possible.


Higher education helps greatly in managing a business since it gives specialization skills on its field.  It also helps to develop critical thinking that can give advantage over competitor.  If someone wants to expands his business or entrepreneurial capability, he needs to attain new knowledge and that can be learned not only by experience but also by learning theories and cases that is presented in higher education learnings.

By having formality and high education, of course, people will think more and will see someone who already has higher education has far more good criteria, especially in the field of business, and this education for the realm of business, I think, will be pursued through technical marketing.

And higher education is also one of the important aspects in business, because any knowledge obtained will certainly be implemented in business, here skills will also be an important aspect in business and accompanied by knowledge gained from education, these two aspects will continue to complement each other and also work together, for the sake of business quality.
757  Economy / Economics / Re: does bitcoin help in your economy? on: March 06, 2023, 01:38:34 PM
since knowing bitcoin until now of course I feel very helpful in my family's economy, and this is very felt during the pandemic period last year all of us were difficult to get a job but with the existence of bitcoin and following several projects, my finances are very stable to use in everyday life, although we also experience losses but for me there are very many advantages that I have felt so that until now the world of bitcoin is very  It is useful for me to earn extra money to meet the needs of the family.

Apart from the economy, the presence of Bitcoin itself can also be used as an alternative from all aspects which are of course related to needs and as well as one's knowledge both in the field of livelihood, alternative payments and also the benefits of investment. Management of financial stability also depends on management and the principles of a holder. from here we realize Bitcoin will play an important role when we can manage it as well as possible. but so far I've seen progress that works for you, and congrats.
758  Economy / Gambling discussion / Re: UEFA Champions League 2022/23 Season on: March 06, 2023, 01:27:36 PM
because of liverpool's success in winning 7-0 over man utd, I see the chance of liverpool's victory against madird going up to 32% but I myself am not sure of that percentage

in the local league, madrid's performance is declining and they are even being held to a draw by real betis but Madrid's winning mentality in the champions league cannot be lost, this is evident from madrid's success in crushing liverpool 5-2 in the first leg that has passed

We think Real Madrid's Club Mentality is far superior to Liverpool in the Champions League, although we realize that Real Madrid has lost a bit of performance in Laliga which so far has not been able to oust Barceona from the top of the standings, despite Liverpool's victory over Mancehster United in the Premier League yesterday I think will not reduce the mentality and performance of the Real Madrid Team itself, even though this is an equally important match for both of them, of course they will develop the best possible strategy for the meeting on March 16.
759  Economy / Gambling discussion / Re: Premier League Prediction Thread 2022/2023 on: March 06, 2023, 01:21:16 PM
It seems that in yesterday's match Manchester United started to lose confidence so that they were humiliated by Liverpool, I bet on a draw but Liverpool slaughtered with 7 goals and it was really disappointing for Manchester United supporters, I think this is a match that surprised everyone including me, where 7 the goal really didn't make sense, congratulations to liverpool  Wink

From our perspective, seeing such an interesting match from Liverpool by beating Manchester United with a big score is history that is remembered of course by supporters from each of the two Clubs, I think when Liverpool won with a score of 4-0 you began to see the mentality of the Manchester Team United are very tense and down here, 7-0 is a big score I think for these two big Clubs, we didn't expect Liverpool to be this ahead of Manchester United. Which is where we realize Liverpool have really declined this season and the last few matches, but they have started to improve in the last few matches.

Occupying the fifth standings from several positions drastically below is a very interesting struggle, I think they will catch up with the standings above it in order to fight for tickets to the Champions League, they will have to do it to get tickets to the Champions, if they want to place in the fourth standings of course the difference points with Tottenham are not far away, they are only 3 points apart and it is short, I think they can afford to run it.
760  Economy / Economics / Re: does bitcoin help in your economy? on: March 05, 2023, 03:46:21 PM
There is no official report whether bitcoin is useful for my country, but some local exchanges apply taxes from cryptocurrencies transactions, and of course this contributes to the country, of course I hope my country will immediately legalize cryptocurrencies so that it can provide more benefits and reduce unemployment.

I think there are many aspects that every government must pay attention to to give permission for Cryptocurrency to develop and run well in a particular area, especially they have to consider it carefully, but I think every government will issue different policies, because so far we realize that Bitcoin has not been fully legalized in every country, and some countries still do not issue permits for cryptocurrency, I think this also has an impact on other countries and is a consideration for a country, of course.
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