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781  Economy / Economics / Re: Money hardly come this days! Why? on: April 21, 2023, 11:33:32 PM
The situation we are in right now is something that we should always ask ourselves what is really going on at first I thought I am the only person observing the error that is going on in our society today at first the youth were said to be lazy and even when you are interested in working there will be no job to apply then I will ask how will the money flow freely as expected or how will money come when there is not even a job to attach to
It will be very bad if things seems to be like this in the next coming years because the people will be confused of the kind of nation we are living in

It's not about the country we live in. The point is that there is now a constant reduction in earning opportunities (either because of the use of cheaper labor, or because of the acceleration of progress, which actually allows us to replace humans in many fields of activity, and because quite a few professions are disappearing). The solution to this problem is to colonize other planets, but humanity is not yet ready for this.
782  Economy / Economics / Re: it's so risky! on: April 21, 2023, 11:26:59 PM
It is worth remembering that even the truest option can turn out to be cheating. That is why investing is always associated with risk, because it is impossible to rule out force majeure and other unforeseen situations. So you need to be prepared for the fact that you can lose all the money you have invested. Try not to invest all the money, otherwise the consequences can be catastrophic.
783  Economy / Economics / Re: SPENDING MORE THAN YOU EARN on: April 21, 2023, 11:22:44 PM
Affordable credit allows one to spend more than one earns, but this is a very big trap. Small loans - if you don't stop in time - lead to big loans, and, as a consequence, to credit bondage. So you should try to restrain your desires, and live within your means, otherwise you may not notice how you lose everything.
784  Economy / Trading Discussion / Re: Trading Bitcoin in 1 Minute charts on: April 19, 2023, 11:04:40 PM
By trading on 1-minute charts, you can stay in one place for a long time, as the percentage of 1-minute change in bitcoin price is small. Does it even make sense to trade a fairly heavy asset on such small charts? You'll just spend a lot of effort for very little profit. Is it worth it?
785  Economy / Trading Discussion / Re: after listening to manupulation, i think in this way on: April 19, 2023, 10:56:01 PM
Cryptocurrency is a manipulative market, I would say it is the most manipulated, even bitcoin is still being manipulated rather than based on supply and demand. Bitcoin has the largest market cap, accounting for almost half of the market cap, so it can be said to be a bit more difficult to manipulate than shitcoin.
As a manipulated market, so I always tell people not to trust technical analysis too much. We can use technical analysis, whales can also use it to see the market situation. But we don't have much money, and whales are people with a lot of money, so they can make the market move at will.

Is technical analysis working as such now? Manipulators know everything about technical analysis and can manipulate technical analysis at any time. One figure looms in front of us - and in the blink of an eye, that figure turns into another figure - one that no one expected. So, as they say, we have to think both ways.
786  Economy / Trading Discussion / Re: Trading Signals vs Own Analysis on: April 19, 2023, 10:50:09 PM
Trading signals are those signals that manipulators are well aware of. Therefore, false triggering of these signals is now not uncommon. Therefore, it is more reliable to use your own strategy - the main thing is that your strategy should be based on some real results, and have a certain theoretical basis.
787  Economy / Economics / Re: Bans on crypto now looks like a joke on: April 18, 2023, 11:53:48 PM
Bans on cryptocurrencies only redistribute the market. If the U.S. bans cryptocurrencies, miners will go where they are allowed. As a result, the U.S. budget will lose quite an impressive amount in taxes. A country that bans cryptocurrencies is hitting itself, but it does not have a global impact yet.
788  Economy / Trading Discussion / Re: Is trading good for beginners? on: April 18, 2023, 11:48:38 PM
In my opinion, trading cryptocurrencies is better suited for a beginner than trading stocks or forex. There is more anonymity, more freedom of choice, you can trade at any convenient time. Another plus is that there is no minimum amount (it is convenient for a beginner to trade small amounts).
789  Economy / Economics / Re: How is the cost of living in your country? on: April 18, 2023, 11:41:48 PM

The high inflation rate will also make us have to adapt and adjust our spending for daily needs. Even on the one hand we also have to look for additional income so we can live comfortably without worrying about lack of money. It's like Nigeria and Indonesia have similarities in terms of prices for daily staples. that is, even here in Indonesia the prices of daily needs can still be considered cheap even though there have been many increases. but our income level can still compensate.

The level of income is also affected by the availability of jobs with decent wages. If the level of wages is sufficient only for survival, then any level of inflation can deal a rather painful blow to the financial situation of most of the population (for example, if we take the budget, the level of wages when it is developed is sufficient only for migrants)
790  Economy / Economics / Re: Corruption Should Be Taught From Young Age on: April 18, 2023, 11:36:03 PM
The concept of "good" or "bad" is not universal. Each individual community establishes its own concepts. For example, in some tribes cannibalism is considered normal.
On the one hand, corruption is bad. On the other hand, the salary level of many civil servants allows them to survive only through corruption. Moreover, an expression of some gratitude is the norm for many.
791  Economy / Economics / Re: How do feels losing money? on: April 18, 2023, 11:26:29 PM
The main thing in this situation is to understand that money is not the main thing in this life. As long as we are alive, we will always have an opportunity to make money. We just need to take some time to recover. Without a breather, it's better not to rush back into the fight - otherwise it will be much harder to recover from a failure.
792  Economy / Trading Discussion / Re: Experience on Bitcoin on: April 17, 2023, 11:55:42 PM
yes, you're right, it's never too late, even though the Bitcoin price is currently at $ 29k,
you can still hope that the Bitcoin price will rise to New ATH next year, because according to history,
after halving the price of Bitcoin can reach 2x from new ATH, and it's worth $ 150k up to $200k, well let's hope it happens.

It should be clearly understood that with each halving the return on investment in bitcoin becomes less and less.  You can earn 2x in almost any well-organized business for a year or two (and it is more guaranteed than investing in bitcoin and waiting - it will grow by 2x in a year or not). The more bitcoin is worth - the less interesting it will be as an investment instrument. This is my opinion and I could be wrong.
793  Economy / Economics / Re: Can I take a loan to invest in bitcoin? on: April 17, 2023, 11:44:51 PM
There is no need to jump with huge money rather you can invest with small money also aka Dollar-Cost Averaging (DCA). The basic idea in DCA is to put small money regularly and that's a guaranteed strategy that will give you good return.  

About DCA. The key question is when you start investing small money. If you do so when bitcoin is just starting to enter a bearish phase, you will only be losing for an indefinite period of time (a new bottom will be present). Yes, so far bitcoin has started its rise after a fall - but will it always be like that? And if you invest a small amount of money for two years - it will add up to quite a lot of money.

794  Economy / Economics / Re: Is the government can really make a way to end poverty or it depends on us? on: April 17, 2023, 11:35:50 PM
I have read many comments on this topic from different pages and noticed that many concepts are vague for many. All economists recognize that the capitalist system cannot continue without the existence of a poor class to replace the tools of production in jobs that machines cannot do.
In fact, it is an impoverished class. The owners of the bourgeois class will seek to preserve it in the same miserable conditions of doing business. The poor are part of the economic cycle in the capitalist system. Therefore, we find assistance programs for the poor, and we do not find programs to eradicate poverty, because it is simply not possible in the current world system. Even with the development of machinery and automatic industries, this increases the number of poor people who will be compensated by the machine.

I agree with you. The rich are unlikely to make it so that there are no poor (after all, it is the lack of money that makes the poor work for the rich). And the poor, if he suddenly becomes rich, will be forced to accept the rules of the game, and will himself do everything to keep the poor. Yes, he will do charity, but it will be within the system, with the expectation that the number of poor people will not decrease (and will not increase much).
795  Economy / Economics / Re: Why do people stay poor? on: April 17, 2023, 11:29:26 PM
Opportunity is not that things that will be offered to you in advance and you will be able to grab it very easily. Opportunity has to be achieved through own skill and hard work. And I think the one big reason for that the people stay poor because they don't give that efford by their own skills and hard work for getting good opportunities to be successful. and I think  it is the reason for saying thay from  bill gates " if you born by poor thats not your mistake or sin, it will be sin if you die by poor." But sometimes it is also true that there were also some  society those does not allow them to advance.

In principle, I agree with this. There are many examples of people who, if they had acted on their goals, had worked their way up out of poverty. But now the window of opportunity is rapidly shrinking, as large corporations do everything they can to keep small businesses from growing. Yes, they pay lip service to opportunity, but in reality they don't.
796  Economy / Economics / Re: How do you survived during covid19 ? on: April 17, 2023, 11:23:54 PM
I played video games the most of the time throughout the pandemic. And I seldom ever went out. Because school and college were closed at the time, I had to spend all of my time at home, therefore I used to wear masks constantly. Food was not a problem for us because we had food kept at home, although we periodically had to go out to little markets. The most challenging is the online classes because I was not ready for it at the early times of pandemic.



Actually, the pandemic was a good time not to waste it (you're not a cyber-sportsman - they make money with games), but to engage in your own self-development and find a way to make money. After all, before you graduate, you should already understand where you belong. By the time you will finish college, it will be too late to understand - you will have to make a decision.
797  Economy / Trading Discussion / Re: Never Trade on Emotions on: April 16, 2023, 11:42:37 PM
Trading with emotions is not recommended one.Because with the emotions of losing the entire money,then you cash out the money with less loss.But the new panic people will do this for most of the time.So the price of bitcoin and other cryptocurrencies was dump ,Pump of price.The new trader should learn strategic move to hold the coins at the deadly moment.The deadly situation may be change your life so,avoid such continuous situation to win your life .When holding creates you some profit,they uses that management money for the savings.

The basic question is how to trade without emotion, when we start trading mainly because emotion led us to trade.  A human is not a robot, and emotions will always be present. If you want to trade without emotions, then install a trading bot (although trading bots make mistakes too, because the trading process is always full of surprises).
798  Economy / Trading Discussion / Re: Twitter will enable crypto and stock trading via eToro partnership on: April 16, 2023, 11:38:09 PM
If you work with cryptocurrency via Twitter, you will not be anonymous. The main question is, why would you work with cryptocurrency via Twitter if you have DEX? It's just that you'll have extra eyes following you - and there may be some problems that are not yet being talked about.
799  Economy / Trading Discussion / Re: is it necessary to mix Bitcoin that you bought from an exchange? on: April 16, 2023, 11:33:44 PM
In fact, there is not much point in mixing if you, as an end user, show your IP address or withdraw money from bitcoin or cryptocurrency sales to your card. When you go into a wallet or an exchange, you show your IP address, and it's stored on the network. So you need to think about working with cryptocurrencies, not mixing.
800  Economy / Economics / Re: Why is money ruling the world? on: April 16, 2023, 11:20:32 PM
Money rules the world because humanity has not yet reached the highest point of development. The ideal system of exchange is barter (everyone does what he can for the common good). But people are too distrustful to switch completely to this system. Money is the simplest form of exchange, but it is also a means of enslavement.
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