Required cautions and limitations, not too greed but enough to compensate yourself, there are still open opportunities if you will going to start your journey now.
It's a never-ending cycle and all you have to do is position yourself in the manner that you understand the most,
with good anticipation, chances are always open if are not afraid of taking the risk from this type of industry.
I agree. Risk is a major component of any earnings, even the most reliable (in this case the risk is minimal, but it's there nonetheless). And of course it's never too late to start, but there's a big difference in whether you're a trailblazer or following in the footsteps of many. When you follow the beaten path, the profits may be smaller, but you can cut your losses by eliminating the mistakes of those who have gone before. |
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We can only be sure that when we deposit/withdraw funds to CEX, real bitcoins are used. What bitcoins are traded on the exchange itself - we cannot know for sure. Also, keep in mind that there may be bots involved in trading, which may not use real bitcoins at certain times
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Usually money is a challenge. Will the person with money be able to retain his humanity, or will he fall prey to temptation. Often, if a person follows a crooked path, he will lose everything-the law of karma works inexorably. And poverty at the end of life is the fate of such a person.
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When you are in the crypto space, and you want to invest in cryptocurrency, maybe the most minimal risk for me is Bitcoin, and besides this I can say that the risk is high for sure.
Why did I say this? because, when the value of Bitcoin increases in the market most values of other cryptocurrencies also fall in the market because they cannot keep up with the movement of Bitcoin, and only a few cryptos can keep up with the flow that Bitcoin does base on what I have observed in some halving has passed.
Bitcoin is definitely not a safe haven for investors. After rapid growth comes a period of long and grueling decline. That is why investing is risky at all times - even during the alt-season you can bet on the wrong horse. As the saying goes, who does not risk, does not drink champagne. |
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In my opinion, rich and poor are things that really depend on attitudes and thoughts, if a poor person is given $ 1 million, it will be used for pleasure so that the money will run out, but if a rich person is given $ 1 million, he will think about how to grow it to $ 10 million in a year.
If a person became rich, it all depends on how he became rich. If he has rich parents, or if he has won money in the lottery, or if he has found a treasure, he does not always know the value of money. And in this case there is a good chance that the money can go very quickly once it gets into his possession. |
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It seems to me - I could be wrong - that it will be faster to make swap and launch a new version of bitcoin than it will reach $1 million. Do you have any idea how long you will have to wait to get 2x ? 2x = $2 million. Are you willing to wait 20-30 years to get the 2x ? There will be to talk about million, but how many people will want to buy bitcoin at $1 million?
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As the price increases, the volatility of the asset - as a percentage - decreases; it becomes more "heavyweight" because of the money invested in it. Bitcoin is unlikely to be an exception to this rule. Of course, the question will arise here - will it retain its investment attractiveness in this case
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Money will always be hard to come for those who think pessimistically, but for fighters who always make opportunities into opportunities then money will come easily, difficult economic conditions don't make us give up and blame too much, it's better to find solutions or ways out of our problems facing.
Fighters are not usually born, but become fighters by virtue of character. Also consider that not all people are quick to grasp something new to them. Everyone has a different level of development and different tasks in this world. And money is not the goal of life for everyone. |
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For bitcoin to one day become the world's reserve currency, it must first become low volatility. You have to admit, when you buy something for $100 and it costs $80 a minute later, it is not very pleasant. But when bitcoin becomes low volatility, will it be interesting to traders?
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We cannot guarantee that our wealth or fortune may lasts, that’s why we have to prepare for it and save some funds before we lost them all. And saving is a good start so we can actually prepare ourselves for those unforeseen circumstances that might suddenly arise, or just save to have a brighter future for our kids. However, if we can also learn to invest aside from just saving, i believe it’s the best means to grow our money and build financial independence in the future. Saving alone won’t guarantee it, but investing will certainly do.
Savings should be regarded mainly as an opportunity for a fresh start in the event of the loss of the source of income. Any amount can be spent quickly if you want, so you should make it a rule to keep a certain percentage of savings as an emergency reserve. It should not be spent under almost any circumstances |
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No matter how we fear AIs, it will still exist because of the innovation of technology. Nowadays, people prefer fast and easier task which could be done by the help of AIs so we can't avoid their development and their contribution to society. It's just frustrating that they could possibly replace humans in the future but not matter what we do, big companies are now switching to it. It could save finances for huge businesses and can decrease manpower.
Absolutely realistic way of looking at things. Soon there won't be as much of a labor force as there is now. The total world population is growing and the need for a workforce is shrinking. That is why a number of states are now developing policies to reduce the birth rate and balance the proportion of the older generation with the younger. However, it is unlikely that the problem of shrinking jobs due to the rapid development of artificial intelligence will be solved quickly |
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For any new beginner, a demo account is a good recommendation to start with, this doesn't take you anything than helping you prevent simple mistakes you could fall into when you're in the real dealings, know that you can't make mistakes regardless of how small it is when you're trying to make a transaction, you can neither afford to miss any slight mistake on sending to a wrong address or or omitting from the address characters and so on.
The problem is that a demo account should be regarded more as a means of enticement. Usually everything in this account is set up in such a way that a beginner will feel confident. And usually beginners trade much better on a demo account than on a real one. A beginner, excited by successes in trading on a demo account, usually invests large amounts on a real account right away - and loses them. That's why it's better to trade small amounts on a real account than any amounts on a demo account. |
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It should be noted that we live in a physical world with governments, control departments, tax authorities, and other government agencies. Cryptocurrencies are just one way to make money at the lowest cost of living in this physical world, but not a way to be independent. Society is the coexistence of interdependent people
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It's always good to have something on the side. Relying on just one job these days is risky because of the rate of inflation especially if you don't earn a very big salary. Even those who earn high salaries try to involve in one form of investment or the other. The their is the fact that you can loose your jib at any time these days.
If you have considered starting a side hustle then you should go along with it. I cant say for certain how far it will help you in your pursuit for financial stability but I know its always better to have multiple sources of income that having just one.
I agree with this. These days, having only one source of income as your main job is too risky. The firm you work for could go bankrupt at any time, and you'd be left with nothing. And finding a new job takes time - and you need the money now. So it is necessary to have an additional source of income. |
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I just think that individuals participating in trading are because of one reason that is to make money so whenever they loss money at start so this thing make them disappointed. Everyone should start experience at first and it does not mean that you will not make money at start but it means that you will surely earn but when you fail to earn then you should have patience that time and think for the next step. Trading and investment is not a quick way to earn money so try to understand this thing because understanding about trading and and investment can help you to get profit. Losing is not the end but its Initiation of next successful step
Still, it is worth bearing in mind that much depends on the character of the individual. There are some people who get knocked out by any failure. At first they trade successfully, but as soon as they make a small mistake, they become very nervous, and then they suddenly bet all their previous winnings and lose everything. Such people do not learn from their mistakes |
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I don't think there's anything laws can do to stop the development of artificial intelligence. One reason is that people are paid to work on the development of artificial intelligence. In fact, developing artificial intelligence is their job description. And all these appeals and bans look ridiculous (like the riots against the development of factory production once looked like).
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Yeah if you have enough salary then you can go on it and take your loan, it's better to pay for something that you'll going to expect to be your own property unlike with renting where you will be paying non-stop.
You will continue paying as long as you need the place, but it will never be considered as your own properties,
where the big advantage when you own your house, you can consider it as good collateral when you need to
take loan for possible investment.
Still, in some cases, rent is quite justified. Registration in the property is quite a big expense, as well as certain risks. Economically sound renting allows you to run many businesses at the same time, save money for the purchase of a permanent home, and also gives you freedom of movement. |
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The problem is that yes, there are a lot of things that you can get profit from on the internet or physically, but are they worth it in the sense that you will gain profit from them? It may seem easy to say, Find a side hustle online, as there are tons of opportunities there for part-time work, but the sad truth is that it is difficult and very hard, unlike before, since there are a lot of people like you finding side hustles for extra income. If you are lucky enough, you'll get that part-time job, but if not, you still keep looking.
I would like to point out that the rapid development of artificial intelligence is constantly reducing the opportunities to make money - including on the Internet. Artificial Intelligence is already composing quite good music, drawing good pictures, and writing interesting stories. Progress is good, but how will it be possible to make money in five to ten years? |
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There is such a concept in business - "to sit a place". Although you can usually draw some conclusions in the first few months after starting a business about the success of the business, people will persist in an unsuccessful business for years, investing more and more money in nowhere. One reason for this behavior is that people don't want to admit that their original plan was unsuccessful.
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Once upon a time education was the key to success but in my country nowadays no one wants to value education.Because 99% of people today graduate and live in unemployment.People now only value money.Those who are unemployed in the family are treated differently and those who earn money are given more importance.Educated unemployed people are looked down upon in the society.Those who own resources show influence. Day by day people are more inclined towards money than education.Other developed countries value more for education, but underdeveloped countries cannot pay for it.
If we analyze what percentage of people work in their specialty after graduating from higher education, the results are very disappointing. Many work in another specialty, and they do not really need specialized knowledge (only for prestige, and here the question arises - is it worth spending time on higher education, if the result is prestige, and nothing else). |
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