people think it's too complicated when they want to invest in bitcoin, but what they need to know is that they need to understand the risks of investing in bitcoin and learn how to invest correctly. and after that they can invest straight away, there is no need to think too deeply about risk management, when is the right investment time, strategy, etc., because as a beginner that is not necessary, especially when what you are investing is only 100 or 200 usd. just learn to hold a little bitcoin, and while investing you can learn the things you need to learn.
Understanding the risks before deciding to invest is of course very important so that we don't make the wrong decision on the investment we are going to make because without understanding at all the risks of the investment we are going to make, there is a big possibility that we will make a mistake that will result in us experiencing a loss on the investment. , for those who are new to Bitcoin and trying to invest, of course they must first understand how to buy it and be able to survive in the long term and if they can do it consistently, of course they will be able to get a profit from the investment they make. |
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The main obligation must be to meet routine monthly expenses for basic needs, because managing savings is not an obligation for everyone for different economic classes. They may be able to set aside part of their income for savings even though the allocation of savings is not routine from monthly income, but those with low incomes must get out of the safe zone to increase higher income because the need for funds to buy basic necessities is increasingly expensive.
Relative poverty data from various countries is getting worse due to the impact of the global economy experiencing inflation which influences various aspects of price and service increases.
To be able to have savings, of course we have to be able to manage our finances well and we have to be able to meet our main needs and set aside some of the income we have so that we can save and it is difficult for those with low incomes to be able to manage their finances well and look for other sources of income. Of course it is very important if we still have low incomes, as you said, it is absolutely true that the price of basic needs continues to increase and it is difficult for those of us with low incomes to fulfill them and one solution is just to have several sources of income to be able to meet the basic needs we need. |
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In my opinion, money capital is not the main capital for starting a business, I have even done this by building a business without capital. We need to know that money is not always the main capital in starting a business. If you really intend to earn income, as long as you want to be tired and don't complain too much, even though at first the income is still small, if you persevere seriously and follow the process, then you can definitely make a lot of money. and achieve success.
If it is said that building a business does not require capital, of course you must be able to have someone who can guarantee the funds you need for the business you are going to run because in my opinion it is impossible to run a business without having and if you are just looking for income Of course this will really depend on the person, if someone is not lazy it will definitely be difficult for that person to do work and they will not be able to earn income but if that person has needs that they must fulfill of course they will do the work whatever they can to be able to have an income that can meet their needs. |
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Money can never buy happiness. The saying is not funny because it depends on the circumstances of the person who feels it.
Money is an object that can hypnotize everyone in the sense that everyone will do anything to get money. Money is a necessity because money is a medium of exchange. The benchmark for wealth is not always how much money you have because by having a lot of money, people do not get happiness because happiness is felt by the heart and soul.
It's true that money is currently a priority for some groups, but that doesn't mean that money can buy happiness. If we think that money will change our lives to be happier, then that's why we will be overwhelmed by chasing money to get happiness. If we talk about happiness, it's still there are many other ways to live a happier life, a harmonious family is a source of happiness if we are experiencing difficulties, but when we are with our family it will be more fun, rather than thinking about money as a source of happiness. In this case having money is very necessary, but if we think about money for happiness then we will have excessive thoughts about chasing money, so that's where happiness will come at any time in any way, not just by having money, live according to our wishes. there is happiness somewhere along the way. |
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It's not easy as people see traders collecting money, they have a lot of experience and risks they face when starting trading. Things that traders need to pay attention to are following each price movement chart and finding out which altcoin is more likely to make a profit and don't panic when the coins you buy go down, be careful with new altcoins, the possibility of ups and dumps in the near future, avoid being hasty. .
To be able to make a profit from trading is not easy, you need to know how to analyze the market well in order to make the right decisions from the trades you make so that you can make a profit from the trade. If we can choose the right type of coin, of course we won't panic. because we have analyzed it well before buying it and I think it would be better for us to choose a type of coin that has been on the market for a long time and has potential profits after we buy it. |
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It's always best to start, no matter how little you have. If you keep waiting for the time you would have a lot of money before you start investing, you're just going to end up missing a lot of good opportunities.
So, it's best to just start now and keep building up, before you know it, you would hit whatever target you have set
Smart answer and that's what it means if you think about it without starting it's the same as the price getting lower and the opportunity to get the desired price passed. Very often many people come and buy when the price of BTC is rising very high even though previously there was a discount when the correction came, it was not utilized and it was dominant like that and for reasons of being busy. which definitely hasn't been bought yet if we ask. If we think too much about the investment we are going to make then we will never be able to start investing because we cannot know for sure whether the investment we are going to carry out will work well or not if we haven't tried it and after we try it we will be able to know where our shortcomings are and we will be able to fix them and of course this will be very useful when we try to re-run the investment we are going to carry out. When someone buys Bitcoin when it experiences an increase, of course they don't understand well about investing in Bitcoin and they don't do this based on the knowledge they have. Of course this will be very detrimental to them. If they understand well about investing in Bitcoin, of course they will. can know the right time to buy it or buy using the DCA method and they can do it consistently so they can achieve the targets they invest in. |
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Lucky are those who invested in bitcoin when the price is still very cheap and hold their coins up to the present because surely, huge profits await for them. But it does not mean that those who plan to invest and hold at the moment will not gonna make it big just like the early investors. There’s no late when it comes to bitcoin as opportunities are limitless, so if you can maximize your investment now while bitcoin price is not too high, then you will also be highly capable to make it big with bitcoin in the future. Long term hodling is the key.
Surviving for a long period of time is not something that can be easily done by someone who invests in Bitcoin, of course there are many challenges that they have to go through in order to survive until now and of course they will be able to get profits as you have said, it's true that we all have not been able to invest in Bitcoin, of course we still have the opportunity to be able to invest and of course we must be able to hold it for a long period of time in order to achieve our investment target. |
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For me money isn't everything or be consider as wealth, everyone has a different definition of wealth.
Others says health is wealth, while other consider connections as a wealth, there are also those who consider having true or loyal friends or complete family as a wealth.
And for me I think wealthy persons are those who fill fulfilled with their life, those who are contented with what they have, living comfortable life no matter if it is luxurious or simple life, as long as they fill fulfilled or contented.
I think it's the same as you, happiness can come from anywhere, it doesn't have to be wealth, if the measure of wealth is happiness then life will always feel difficult, by looking for money everything our minds will not feel peaceful, therefore live according to that, Skills This life is not a race to be at the forefront, everything has its share. Therefore, living with money does not mean we can get everything, living according to our means, so that we can feel a little relieved and grateful in life is very valuable. I think this really depends on each individual's point of view, there are also some people who can find happiness without having money and they will be able to survive with whatever money they have, if you can live according to their abilities, of course This is very good because it will not make it difficult for us to find money that can meet our needs. |
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Social media has allowed anyone with access to the internet and a few recording tools to embark themselves on the adventure to try to make money with their hobbies.
But make no mistake, this is no way easier than what it was on the past, and this is because now you are competing against people all over the world, and we know this is true because even if there are people out there with a lot of followers, the majority of those that try to earn money with their hobby only get a couple of likes a day, not enough to make a living through their passion I would think.
If they can make money with the hobby they have then this is very good because they will be able to provide them with income, to make money from the internet nowadays there are certainly many ways we can do it and we have to really do it well in order to get results. according to our wishes. When we are just starting out, of course the income we get from this will not be able to meet their needs, but if they can be patient with the process we are doing, of course this will be able to provide us with income that can meet our needs. |
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I feel like a lot of people who see others get lucky, end up thinking that everyone gets lucky. It is true that there are some people who invested into some dumb stuff or invested without knowing anything and got rich, I have seen a lot of people who just got lucky and did nothing else, they didn't know what trading was, they just did something stupid and got rich.
The reality is that not all people get rich that way though, a lot of people knows what they are doing and they get rich that way and we shouldn't really be doing anything else that way. We can't really make it work one way or another, we need to find out what is so complicated about trading and learn about it and untangle the mess and fix all of it to be a lot better.
Assuming other people are lucky and we try the luck that other people get, of course this is very stupid, of course they start investing without understanding anything, of course they will lose their money in investing or trading. To be rich, of course, we have to be able to understand well what we are doing, both in terms of trading and other things, because it is impossible to make a profit from trading if we don't understand it well. |
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Yeah, some people do not make money from it and still think that they have a job. A job is something you make money from and if you are insisting on what you can do or can't do or what you should be called or not called then you are going to miss the point.
Bitcoin income from trading could be considered a job and then you would be considered employed but making that money is more important than being called whatever, if you are making money from trading then being called unemployed wouldn't matter to you. However, if you are not making money and keep insisting that you have a job and you are going to eventually get better and this is what you want to do, then eventually the money will run out and you are going to end up with nothing at all which will hurt a lot.
Having a job that gives us income that can meet the needs we need is of course very important because it is difficult to get daily profits from trading if you don't understand it well and even those who are experienced still experience failure in the trading they do because without realizing it they have make mistakes on their trades. Of course, we don't need to think about what other people say if we already have income from the trading we do and other people say that we are unemployed and we only need to focus on the trading we do so that we can continue to make profits from trading. |
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Good day guys!
As someone who’s new to this space and wants to start trading, what are the steps I can take to start and how much of fund do I need to start?.
What wallet is best for me? Can I use meta trader?
Learn first from several sources that are available on the platform about trading in the online world, it would be better to start with small capital so you can get used to seeing trading movements on the crypto market. My advice is to start with small capital so that if there is a decline and loss it is not a reason to continue trading further. But before starting, look for information and trading procedures because in every trade we face a very big risk if we don't understand the market charts. When they are just getting to know trading, of course it would be better for them to start with small capital and be able to bear it if they experience failure on the first trade they make and they must also be able to take advantage of this opportunity as a lesson for us so we can understand trading well. Learning about market conditions is of course very important because they will be able to know for sure the right time for them to enter the market so they can make a profit from the trades they make. |
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Potential adoption: Generally a massive number of business owners and individuals are accepting Bitcoin as a mode of payments thereby reducing it's demise..
I think about the adoption of BTC for its development, it is real that it is currently increasing day by day, it's just that market conditions will continue to rise and fall and most argue that fluctuating and speculative prices are also a common condition and can easily change in an instant like today. Maybe with this condition we can also see a consistent and inconsistent investor at this time whether he survives or will change his investment pattern. We all here have seen the development of Bitcoin which is very good and have believed that anyone who can invest in Bitcoin of course they are very sure that by investing they have prepared themselves for a better future, this is true with the price of Bitcoin which has high volatility. is very high and can change in an instant, so we will be able to see which investors can survive these market conditions and there are also those who choose not to continue investing and instead leave the investment. |
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Actually I think is good to urge someone to buy bitcoin, reason is because bitcoin is asset that Will benefit us in the future, if you can hold on to it for Long term. although there are some person who are interested in bitcoin investment but they don't have capital to start up the investment, there are also some people who have the capital but have chosen not to invest in bitcoin due to the risk that is involved.
We should invest in Bitcoin as early as we can because the more years will pass so the value of Bitcoin will increase more which will be more money making for us. It will not immediately give us profit but for achievement we have to wait and hold Bitcoin. I think it is not hard to invest in Bitcoin if a person is in desire to do so because he can learn and save money for investment in the same time and then if he finds the price in the dumping state then he should invest and also there is a good feature of Bitcoin investment that anyone can invest according to his affordability and there is no one who can force him to do big or small investment. If you understand the potential for Bitcoin to continue to increase, of course this will make you try to own this asset as an investment in your future and as you said, it is very true that we have to be able to hold it for a long period of time to be able to profit from it. the investments we make. Of course, it would be better for someone who wants to make an investment, they can first learn about the investment and also they can understand well the right time to enter the market so that they can make a profit in the investment they make, but we have to use capital that we won't really need. |
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Have you successfully influenced someone to invest in bitcoin ? What was the final result, did they thank you later for this ?
Have influenced someone from my classmates from college but he decided not to invest in bitcoin instead he chooses Ethereum , i don't know where did he get that Idea but yeah i lured him to invest in bitcoin yet goes sideways in altcoins but its fine at least he will never blame me if ever he did not succeed because i only thought him about bitcoin and its from his self study to put in altcoin. If you have told your friends about investing in crypto, of course that is very good, but you have to explain in detail about the investment about the risk of losing their money if they make a mistake in the investment they make and if they prefer to invest. There is certainly nothing wrong with altcoins, but they must be able to know for sure the type of altcoin they will choose and don't make a mistake in choosing the type of altcoin they will invest in so that they experience losses on the investment they make. |
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#Authentication post
Bitcointalk username: Lantind
Telegram username: @Lantind
wallet address polygon from Metamask: 0x8CD83CddDA5edDd594348EC2cF93dC9F1F12735f
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Maybe it depends on the seminar session you will attend. If the speaker is really a well-known or reputable trader, I think the price is worth it, and what will be taught is okay. But the others are just pretenders; they just wear formal business attire, and when the session comes, the teaching is not worth what they paid for.
but most of the seminars about the trading session were actually turned into business. only had a little knowledge of trading made for work. As a matter of fact, there are even more good people here in the forum who are good at explaining trading or blockchain technology, not because I am here in this forum.
It is true that this really depends on the seminar we are going to attend and we also have to see whether those attending the seminar really have a good track record in the field of trading because if we are wrong in choosing the seminar, of course there will be some people who only look like what you mentioned and they only seek profit from the seminars they create. Yes, we will get more information about trading on this forum and many will be able to explain it more clearly and we will also be able to ask them directly. |
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I have come to understand that people who are calling Bitcoin names are those who are not well learned about Bitcoin. They are always quick to judge whatever result that comes out from the mouth just to discredit Bitcoin but little did they know that Bitcoin is now all over the world and people are tuning in to adoption and acceptance. OP I think telling people about it would help alot to change their mentality towards Bitcoin and enlightenment which is very much important to keep them informed about Bitcoin happenings.
Those who judge Bitcoin is open based on their knowledge will of course think that Bitcoin will make someone lose by holding it, but if they want to find out about Bitcoin of course they will be interested in using Bitcoin as their investment and it will certainly be very useful for their future. You are right, by giving them the correct understanding of Bitcoin, of course this will reduce someone who misunderstands Bitcoin and this is very good because they will be able to teach other people about Bitcoin correctly according to what they already understand. |
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Therefore, returning to ourselves, when we have more fortune, we must be able to remember that when we experience economic difficulties, that way we can set aside money to buy something productive which will be useful to guarantee our future. . especially for young people who should be able to prepare for their old age. because the main factor is lifestyle which follows the increase in the results we have, so whatever income will be used up to follow the lifestyle, and most will regret it in their old age
Indeed, it will really depend on a person's personality, those who have money to set aside for their future because we can't always have more money and if we can choose to set aside something productive, of course this will be very useful for our future. For some people who have a lifestyle that is not in accordance with the income they have, of course they will have great difficulty in meeting their needs because they will even experience financial problems if they cannot improve their lifestyle and the best thing is of course to set aside some of the income we have. have for our future and continue to live normally so that we don't experience difficulties when we get old. |
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Of course they won't. But the world will be a much better place without corrupt banks in the way. Decentralization promises financial freedom and self-sovereignity. But solving equality problems is quite a difficult task to achieve, especially when you can't stop people from becoming wealthier than others. The social gap will exist for as long as we live. I sure hope the global economy becomes fully-decentralized in the future. After all, Bitcoin promises to remove the middleman. But with "Wall Street", banks, and governments in the way, this would only be a distant dream. At least, Bitcoin does the job it's supposed to (banking for the unbanked). As long as it stays decentralized and censorship-resistant, there should be nothing to worry about.  I don’t think you “solve” such a problem as balancing the gap between the poor and rich. Certain people are poor because they intentionally choose to be lazy. So if I happen to be more hardworking why then do you try to equalize people who aren’t meant to be on the same class. Best we can do is talk about creating more opportunities, so the hardworking ones may be able to rank up to where they belong. But that’s a different topic, here we’re talking on Bitcoin will close the gap and I don’t see how. Those who are deliberately lazy, of course it will be very difficult for them to become successful and they will even become poor. If you are a hard worker, of course it will be very easy for you to be able to make your life better in your future and it is impossible for you to the same as those who are lazy. Yes, of course those who work hard will be able to get better rankings compared to those who don't take advantage of the opportunities they have received. |
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