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801  Economy / Trading Discussion / Re: Trading is risky, be conscious on: August 23, 2023, 06:00:20 AM
Your words are right. If anyone think that trading is a way to become rich so fast then that person must be living in a fool's paradise as he unknown about existence of hidden trouble. Trading is like science, need deep knowledge and skill for that including experience for doing big deals and survive for long in market. Dreaming about being a trader, isn’t bad but need to be learn first. Need to be patient and Should start with low amount and need practice during first stage
well, actually, trading can make us get profits quickly, it's just that the risks are very big. a lot of people think this is easy, and trade large amounts, on obscure altcoins, and they end up getting risk instead of profit.
However, if you want to trade, try with minimal money and it doesn't affect the life we have when the money runs out. by practicing with minimal money, then you can see how trading works. it's very rare for a person to actually make a profit in a short time, especially if he's just learning how to do it.
802  Economy / Economics / Re: Am I a bad person if I manage to avoid taxes? (Hypothetical question) on: August 21, 2023, 06:01:50 AM
In our own eyes, not really. But in the eyes of the law, you are certainly a bad person because you enjoy all your country’s provisions and yet you refuse to pay your taxes in return. It could be very unfair for those who pay their taxes well. However, I can’t blame those who want to evade paying tax because we have different financial situations on hand. But as much as possible, if you don’t want to be the government eyeing on you, then it’s better to just do our duties and responsibilities as a bonafide citizen.
Well, if we talk about the laws of a country, then evading taxes is a bad thing, but for some personal, it might not be a bad thing.
We feel how to manage the money we have, or the business transactions and profits we have. Some people sometimes still need the money to run their business in order to stay on a fairly profitable track. at a time like that, he is required to pay taxes, and the choice is whether he loses or not. So, a lot of people are trying to avoid taxes for a while until things normalize. that is reasonable in my opinion. However, according to the law, that is something wrong. It all depends on how one reacts to it.
803  Bitcoin / Bitcoin Discussion / Re: Why Bitcoin Instead of Gold? on: August 21, 2023, 04:41:26 AM
The answer to a debate that is constantly discussed on social media accounts and news outlets may open doors to different answers for everyone. So, Why Bitcoin Instead of Gold for you?

If this topic has been discussed before, I would appreciate it if you could enlighten me.
well, I think people prefer bitcoin because of bitcoin's ability to quickly increase the assets we have. although the risk is indeed greater than gold, however, I think many people are ready to take that risk. In addition, people who prefer gold are those who choose a smaller risk in investing, or those who already have a lot of money and save it in gold.
804  Bitcoin / Bitcoin Discussion / Re: Bitcoin does not provide full anonymity on: August 20, 2023, 03:50:30 AM
Bitcoin is commonly referred to as "pseudonymous" rather than fully anonymous. Although transactions are registered on the public blockchain, the connection between wallet addresses and individuals' identities isn't direct. Nevertheless, transactions are traceable and subject to analysis. Additional information can potentially link specific transactions to certain individuals or groups. It's worth mentioning that privacy-improving methods can heighten anonymity while utilizing Bitcoin, yet absolute anonymity isn't an inherent aspect of the protocol.
true, I agree with this statement. Apart from that, I think the involvement of KYC also makes transactions on exchanges not completely anonymous, especially the fact that the transactions we make can be tracked from address to address. It's just that, I think at the moment, it's not as important and people have adapted to that. However, you can use a mixer to completely disguise the transaction you're doing just and do peer to peer transactions, however, if you use an exchange that requires KYC, it's still possible to trace it, especially for government people on the management side. tax.
805  Economy / Trading Discussion / Re: Bitcoin trading and gambling on: August 18, 2023, 06:10:04 AM
In the end, none of this is certain. whatever you do, then it won't be sure. no one knows that 100%. If you look at the uncertainty, then everything will be the same, even business or real estate. Who knew that opening a business or owning real estate would end in success. So many people have also lost money because of it.
However, if you look at the difference between trading and gambling there is a lot. Like in gambling, you don't need to do analysis, you just have to play and have fun. it is 100% guess. Besides, if you lose, then you will lose 100% of the money you have. While Trading, you will not lose all the assets you have, only the "value" will decrease due to certain circumstances, whether it's due to FUD or other things. Because of this, in trading, we are very emphasized to do analysis and make decisions.
806  Economy / Economics / Re: Real estate vs cryptocurrencies vs business on: August 17, 2023, 02:53:50 PM
This is also a bit personal as well, what type of person matters a lot when we are talking about what type of investment you want to make. For example by wife is a pure gold person, she just gets gold, puts it in her safe at the bank and just keeps doing that as long as possible. That doesn't mean that we are going to end up with anything major, it just means that we are talking about a situation where things will be a lot more different and you should be considering this as an option based on the personality you have.

If you like real estate more, then you could make more money there, if crypto more then you do that. All these three could make you money, or could cause you to lose, it depends on how well you do it.
well, I also think that it depends on one's personality. Personally, I also prefer real estate and business development first, but I use crypto for both. I'm pretty sure that other people have different reasons for choosing a different strategy. So, it all depends on one's personality. Some people choose to prioritize crypto and take risks from it to accelerate the increase of their assets, but some people don't want to take too much risk, so choose real estate, or business.
807  Alternate cryptocurrencies / Altcoin Discussion / Re: Altcoins profits or bank profits, which best? on: August 16, 2023, 10:48:50 AM
Bank investors have more certainty because there capital is completely safe but they give 8-10% annual profits to the investors of per year. But it is comparatively less in terms of profits.

On the other hand you will get constant profits from crypto as if you are experienced in trading then daily profits is possible. Otherwise you can get profits by investing. However crypto investment puts your capital at greater risk (main point).

Banks are comparatively a safer option compared to Cryptocurrency. Both investment options have their merits and demerits. The Banks are safer but the return on investment / Interest rate is somewhere between 5 to 10% (depending on the country). On the other hand, Cryptomarket is a bit risky but the return on investment is exceptional. It usually comes down to personal choice, that a person is willing to take risks or wanted to play safe.

well, however, it's just a matter of profit and risk. at the bank, you can save while waiting for the percentage of interest that goes every year. however, I don't think it matters if your investment is small. in a bank, you need a big investment. whereas, in crypto, you can turn $100 into more in a short time, however, the risk of losing that amount in a short time is also quite large. So, it's just a matter of choice, but I think people will choose crypto when they feel that the money they have is not big enough to take advantage of interest on the bank.
808  Economy / Economics / Re: Big companies will never let you have the financial freedom on: August 14, 2023, 12:59:13 PM
we know that large companies will need human resources continuously. However, in terms of financial freedom, we can achieve it by owning a business or income from what we have built. i think the concept is different when we have money in paypal, stable coin, or even altcoin then it is frozen. In principle, financial freedom will still give us income that exceeds our needs every month or every certain time.
If we're worried about the asset freeze system, then what we need to do is use online assets just to increase the amount, then we need to invest in real estate, or gold, or something else in the real world.
809  Bitcoin / Bitcoin Discussion / Re: Sending Money From a Debit Card to a Bitcoin Address on: August 14, 2023, 10:40:23 AM
hey i am beginner with btc Roll Eyes

Can someone explain how to send money from a debit card to a Bitcoin address without having to create a Bitcoin wallet? What is the easiest and quickest way to do this? Huh
As far as I know, there is no way to have the money on your debit card converted directly into bitcoins and sent to your bitcoin wallet. You need to exchange your fiat at one of the trusted exchange places like Binance or others. or even you can do P2P directly with people you trust. However, you need to convert your old fiat into bitcoin, and there doesn't seem to be an automatic way from debit card to bitcoin wallet.
810  Alternate cryptocurrencies / Altcoin Discussion / Re: Is ETH the King of Altcoins ? on: August 13, 2023, 12:31:25 PM
Yes i think ETH is the king of Altcoins there hsa no doubt. Bitcoin is king of all cryptocurrency but Eth is boss of Altcoins. ETH is best smart contract platform we know. And Ethereums marketcap and volume is second largest after bitcoin and biggest of Altcoins. I thik there has no Altcoin competitor in crypto currency market. It’s position 2nd on cryptocurrency market. And this Altcoin being popular day by day. Huge big big investor including on ETH. It’s price was $4800 in 2021. Which was maximum ATH for ETH. Now it’s price near about $1900. I think in future ETH price will hit $10k. So we can tell Ethereum is king or all Altcoin thre has no doubt.
Well, long time ago, I think Ethereum has position 1 in the altcoin world. Not even BNB can surpass that. many altcoins have functions like Ethereum, such as BNB, Matic, and others which have several advantages, but until now there has not been a single altcoin that can exceed Ethereum.
It's just that, even though Ethereum currently has the first position in the world of altcoins, it could be replaced by other altcoins in the future.
811  Alternate cryptocurrencies / Altcoin Discussion / Re: Time for bounties and airdrops as we near bull season on: August 12, 2023, 06:47:29 AM
I am preferring more on retroactive drops and LP (liquidity providing) type of airdrops in various DEXs, Dapps, etc., than doing the traditional and outdated airdrop methods.

As for bounties, I am not expect much from it anymore. The golden days of bounty programs are already long gone.

Only a few handful that we can call them at least decent and reliable, but the rewards are not that much anymore given the fact that distribution takes months and has no guarantees either whether the token has value in the future.
well, we can't get our hopes up with the current conditions. Even now, there are still quite a lot of unpaid bounties and airdrops. I just hope, if there is enough bounty, then it is carried by a trusted manager, and uses escrow in their payments.
Besides that, I think good projects also won't see market developments to advertise or promote their projects. whatever the situation, right now they must have started promoting slowly whether they're using bounties and airdrops or not.
812  Alternate cryptocurrencies / Altcoin Discussion / Re: Altcoins profits or bank profits, which best? on: August 12, 2023, 04:52:11 AM
Bank investors have more certainty because there capital is completely safe but they give 8-10% annual profits to the investors of per year. But it is comparatively less in terms of profits.

On the other hand you will get constant profits from crypto as if you are experienced in trading then daily profits is possible. Otherwise you can get profits by investing. However crypto investment puts your capital at greater risk (main point).
well, those are the ups and downs of both. when there are advantages, there will be disadvantages. so many people choose to save their money in the bank to get that advantage. mostly, in investment books, taking advantage of bank interest is also one of the things recommended. it's just that, the turnaround in profits is very slow. this can be felt its benefits only when we save large amounts of money. Meanwhile, investing in altcoins has a faster increasing profit, it's just that the risks faced are greater. this can even make the investment value you have reduced in a short time.
However, people choose this type of investment depending on their situation. personally at the moment I am still focusing on altcoins rather than banks.
813  Bitcoin / Bitcoin Discussion / Re: Banks offering investing in Bitcoin on: August 12, 2023, 02:20:31 AM
Banks are going to try and do whatever it takes to stay a float, or a head of the game, so to speak. If they see or discover an opportunity to be able to add another service that fits in pretty well with their business model, then they are likely to do so. People still trust banks, whether they should or not, so for the banks themselves this makes a lot of sense of what not to miss out on (another way to make money).
yes, I agree with this. banks will do all kinds of ways to keep them leading, even they will accept investments that even go against the system they have. It's just that, I think, not all banks will do that, and maybe will do some trials in a few places. If it was really profitable, then other places would follow suit, but if it didn't they might think it was a bad investment.
In fact, so far I haven't seen a national or private bank in my area that supports investing in bitcoin.
814  Economy / Trading Discussion / Re: Bitcoin or Altcoin hold, sell or trade?? on: August 11, 2023, 09:27:30 AM
of all the cryptos, bitcoin has always been the best. therefore, many people say that bitcoin has less risk than other altcoins. the method you mentioned is also a safe method, but why people choose other methods, it's because they think that choosing other methods, or altcoins in trading can make their assets grow faster. This is because altcoin price growth is faster than bitcoin prices. for example, the price of an altcoin is $ 1, it will be easier to reach $ 1.5 or $ 2, and by investing $ 100, you can quickly increase 50% or 100% of your assets. the risk is the opposite, the price can also easily go down. therefore, if you want to invest long term choose bitcoin, if you want fast, then altcoin is the choice.
however, everyone has their own way, personally I prefer both depending on the conditions.
815  Economy / Economics / Re: Would You Consider Adding Bitcoin to Your Retirement Savings on: August 11, 2023, 07:00:35 AM
I think, bitcoin is not a good savings for retirement. it's because the price is moving fast. while pension money is used to enjoy the day when we are no longer working. if we choose to save some of the money we have in the form of bitcoin with the aim of retirement, then I think this is a wrong understanding, because if someone has held a large amount of bitcoin, then it is said to be a bitcoin investment, where the investment can have high price in the future, or have a lower price.
If a person's goal is to retire, he or she should think about a constant income, perhaps such as rented real estate, a business with a steady income, or perhaps a large savings account. However, if someone has the feeling that they still want to invest long term, then bitcoin might be one of them.
816  Bitcoin / Bitcoin Discussion / Re: Bitcoin is for everybody but we must accept it before it can be ours. on: August 11, 2023, 05:28:19 AM
Well, simply put, we wouldn't try to find it or produce it if we didn't receive it. besides that, even though bitcoin is for everyone, not everyone can make good use of it. because there are still very many things that need to be considered such as risks, how to store them, how to exchange, how to buy, and so on.
Many people are willing to accept bitcoins, but have no knowledge about it. so before accepting or utilizing bitcoin, we should first study bitcoin. not a few people who accept bitcoin, don't accept it because they get a loss when trading from bitcoin.
817  Bitcoin / Bitcoin Discussion / Re: 18, holding my bitcoin and looking forward :) on: August 10, 2023, 05:50:35 AM
Well, it's pretty good to have a few bitcoins before the halving, and it might be great if you're waiting for the effects of the halving to happen before selling the bitcoins you own.
Actually, what you're doing is a very good investment. it's just that, you shouldn't rely solely on this to get out of the crisis you're in if you feel that the crisis is heavy enough. besides, you might be able to increase your assets by collecting them bit by bit without looking at them. maybe 2025 is a good idea to sell your assets. we are all very optimistic about the future price of bitcoin. However, you need to prepare for the worst case scenario.
818  Economy / Economics / Re: Real estate vs cryptocurrencies vs business on: August 08, 2023, 03:11:23 PM
Personally, I prefer to do business safely and choose less risk. In that case, I would choose real estate first. the reason is that with real estate, I can make a constant amount of money per month, and I can use this for the development of the business that I have. In addition, the price of real estate tends to increase depending on the location of the real estate you own.
After that, I will choose a business, with the results from the real estate that I have, and maybe also my job, I will support the development of the business that I have, and try to increase the real estate investment that I have. If this works, I'll put in a few percent for crypto use.
We know that a very strict rule for crypto is to use money don't change your life when you lose it. so, I'll probably use that for crypto. although the profit is not as big as if we put everything into crypto or business, I prefer to choose a risk that is not so big, but the potential profit is also big, even though it takes time.
819  Bitcoin / Bitcoin Discussion / Re: Bitcoin or banking investment? on: August 08, 2023, 12:35:31 PM
I believe bitcoin and banks are well renounced investment platforms but many people prefer bitcoin investment despite is very risky because of high demands and rising price interest and banks on the other hand saves millions of people finances all over the world yet their investment interest is very small but less risky than bitcoin. Which do you preferred your money to be save in as investment? Bitcoin or bank! What's your reason?
for now, in terms of investment, I'm still focused on crypto, which means, I prefer to tend to invest in bitcoin rather than saving money in the bank and taking advantage of the interest.
As you said, bank interest has a very small percentage, but also has a small risk. While the percentage of profits offered by bitcoin is far greater than bank interest, but with great risk. Currently, I still have several businesses that need to be developed quickly, and need funds, so I choose to take risks by tending to invest in crypto, especially bitcoin, compared to banks. I think many people take advantage of bank interest when they are truly successful, or have achieved financial freedom. they only take advantage of the benefits of bank interest to meet the needs of their lives.
820  Alternate cryptocurrencies / Altcoin Discussion / Re: The Return Of Terra Luna Classic on: July 10, 2023, 03:59:23 AM
the disappointment still lingers , even with the latest innovations the community will no longer trust it even if they are new members of the terra community itself .
even by pumping/burning coins they won't help the value and confidence to return to terra
well, whatever method they use now, people tend to dismiss this coin as a failed coin. However, there have been quite a lot of losses arising from this project. Moreover, even when people adopt this coin, they may just take advantage of its fast volatility to short profits. I am not sure that there will be investors who will keep the money they have for a long time in this coin if it is actually redeveloped.
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