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Inflation will continue to occur due to many factors, and the biggest factor that causes inflation to occur is because many countries use paper money so that the value of paper money will always decrease, when the value of money decreases, inflation will occur and the inflation trend will continue to occur in 2023.
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I think poverty will always occur until the life of the world ends, this is because rich people also need poor people and vice versa, don't ever think that there are countries that are 100% rich, there must be poor people and usually the number of poor people is greater than rich people, and the factor that makes poverty never ends is because human nature always thinks poor.
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A bullish or bear comparison, of course, with the previous year, namely 2022, I'm sure in 2023 the price can rise and reach at least $ 50k, maybe it sounds like an exaggeration because the current market conditions are very difficult to go up, but I'm optimistic because in 2024 there will be a halving day and demand jumped before the halving day or the end of 2023.
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many people hope that the price of bitcoin will skyrocket soon, they hope that the price can reach $ 100k soon this year so that the price in 2024 when the halving day occurs can reach $ 200k, in my opinion when the price goes up too fast then this is dangerous because it is easy to control, the better increase slowly, for example, an annual increase of 25% but routinely and continues to occur.
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More than 2 months the price is below $30k, of course this is worrying because there is a chance the price will continue to fall, but if we look at the long term trend then the best thing for now is to hold, I plan to hold for at least another 6 years and won't panic if the price drop even below $10k.
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Bitcoin has a strong security system so we rarely hear about cases of hacked wallets, many people tell of losing bitcoin assets but what they use are wallets from exchanges, and what gets hacked are accounts from these exchanges, even so we must always be vigilant and always follow procedures wallet security.
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Yes, that's right, I think the most important thing as a bitcoin investor is to know when to hold, many people are too optimistic so they continue to hold even though they have a profit of 100% or more, I think the best thing when the price is skyrocketing is to sell because the price will go down and we have the opportunity to buy at a price cheap ones.
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The bear market continues because the current price is around $26k, many are predicting that if the price falls again below $25k then there is a chance to continue to fall below $20k, we will see if in 2 or 3 months the price will go up or down, I think the position year-end prices really depend on prices 2 or 3 months away.
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A lot of people are wondering when is the best time to buy, a lot of people know about bitcoin 10 years ago when the price was very cheap under $1000 but they thought the price was very expensive then they didn't buy, i also regret for not buying when the price of bitcoin was around $250 in 2015 and did not buy, and now I will buy and never think whether the current price is cheap or not.
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If we ask whether it is risky to invest now then we will never invest at any time, investment has the same opportunity between risk and profit, never expect high profits while the type of investment we choose is low risk like property, try high risk investments of course don't using all the money we have.
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Inflation and complicated economic problems are now causing Argentina to go bankrupt. Previously, there was the Sri Lankan state which was bankrupt and experiencing serious and difficult economic problems to solve. It is time for strong countries like Europe and the USA to immediately help resolve inflation in Argentina before the human tragedy gets worse.
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The problem of inflation is now a common thing in almost all countries, this is because the country only thinks of continuing to print the amount or supply of money so that the value of money will continue to decrease, the best solution at this time is to use gold so that the value of money even though it is made 100x than the current stock then it will never come down.
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Social media is no longer interesting now, I only actively use Facebook and Twitter, and most of the people I follow or friends are actively promoting, even on Twitter advertisers use top trending so this makes us often waste time because it doesn't match what we think need.
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CONCLUSION: World economy can be made better if more job are created. Job creation can be made easy if individuals can creat job for themselves. During this job creation, he/she will still employ some people to his/her organization, therefore helping government to solve part of the problem caused by unemployment.
The problem of unemployment is something that greatly affects the progress of the country, in poor countries of course the unemployment rate is very high so that the crime rate continues to increase, when people cannot work the role of the government is very important, by making policies that provide convenience to everyone it will make unemployment possible reduce. |
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