_ Emotional control: one of the most difficult thing is controlling your emotions while you watch your assets fluctuates greatly, mostly if it's going down, without you pulling the plug out of fear, so i believe it's one of the key they have.
After a while you just get used to it because you understand it's part of the game. And the funny thing is that oftentimes are people with smaller investments that freak out while who have invested a ton of money just take it easy, they know it happens and they know things will get better in the future. It takes time, nobody likes to see their money flying away but sooner or later they'll come back (unless you sell). Good point here and a good example as well. I have also noticed that here. The newbies are the ones to panic and freak out when there's a fluctuate in assets due to the shift in the economy while old members are just telling them to relax and assess the situation more. However, we cannot really blame them as they are all new to these while some are also really relying on their investments hence the frustration they feel if things don't go as they expected. |
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I was wondering if all these reports of Twitter losing users and being a total failure thanks to Musk might be exaggerated but I looked at the numbers on SimilarWeb, which is a pretty reliable source of website traffic, and it does indeed show a sharp drop. Some of it might be bot traffic but if Musk was doing such a great job you would see an increase in genuine users and the drop off wouldn't be so dramatic.
It can change over time but it seems that many people hated Elon for such actions about the instant laying off of his employees. This is like the protest and backlash that he's getting from that action that he did back before. It's not surprising when many users of the great Twitter have stopped using it and also about the verified badge monthly subscription, many just didn't like it too. Personally, X or twitter is my favorite application of all the platforms because of its feature and services that it provides. But the time when Elon took over, a lot of things has changed, and just like the other users of the platform, I did not like the changes he made on the app. And it is not surprising to see a gradual loss in terms of the percentage of the users. One of the best features of twitter is its accessibility to news and trends, and it is not favorable for its users to be required to have monthly subscriptions just to use the application. And this is clearly evident as a lot of users had leave the platform. There are also a lot of changes that contributed on the backlash of people such as paying just for your account to be verified and its rebranding as "X". But again, we still cannot tell about the future of 'X'. It's either these changes can bring success or downfall of the platform. I agree with you as much like you I am also a fan of Twitter back then. I use Twitter on a daily basis and use the platform to ensure I am updated by news and current events while also keeping connections to various communities I am a part of. However, when these changes applied by Elon Musk happened, more and more users that I used to interact with started to leave, and I have also noticed that my feed is full of random tweets from users I don't follow which makes it hard for me to see the tweets I wanna see. Lastly, the amounts of advertising tweets are too much. |
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Qualities only to get a degree is not enough because if someone does not have skills will make it difficult for them to survive. Any work sector requires skills
Good point on this one. No matter how flashy our CV is, especially with our background in education, if the skills we have don't fit the required skills that the company and role are seeking then it will still not be enough for us to get hired. Skills are essential in finding work or even just starting our own career journey to be professionals. Having various skills gives such an advantage especially since competition is everywhere. |
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  I just observed a kid on Twitter doing a Bitcoin payment transaction at McDonald's, and it's amusing to see that they can do it. However, I feel bad for the kid because he spent something like 170,000 Sats or something. Its parent must have a sizable amount of Bitcoin. But even so, I'm still in awe of how these kids were raised by their parents since even at such a young age, they are progressively learning about the idea and features of how important Bitcoin is to them. I respect parents who do an excellent job of educating their kids. Reference: https://twitter.com/naiivememe/status/1705167273609368057Yes, you are right. There should be book about Bitcoin. Bitcoin subject should teach in school, in this way our next generation will be more educated and more skills. Bitcoin investment and Bitcoin buying and selling should be teach in schools. Bitcoin knowledge is more information than general knowledge. In this time, the people who are aware of technology, they are in peace. Bitcoin is important part of our life and Bitcoin should be use like a currency. People should buy and sell things by Bitcoin. Bitcoin changed the world and it's minig is very important. Children should provide lectures of Bitcoin mining. Alright, let's not get ahead of ourselves right now. First of all, Bitcoin and crypto is only legalized in some countries so making such changes and application to the national educational system of a country is far-fetched. Secondly, lots of countries barely have a proper formal education regarding economics (unless you take it as your degree in college/university) so if you think they'll create a formal study for students regarding Bitcoin then you're just wishing for something impossible at this point. Lastly, if you want your kids to learn about Bitcoin and crypto I suggest you do that yourself but introducing it to them and teaching them yourself, relying on formal education that is heavily controlled by the government is not advisable as such a thing happening is close to impossible. |
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The moment you think that this is it, I have done enough, now I can retire, now I can leave the rest of my life by doing nothing, that is the moment when your downfall begins. Money makes more money. But if you just leave it after earning it, overtime The value will decrease. And if you keep on spending it, one day it will all be gone.
once you start the cycle of investment, it should keep on going. You earn profit, you take the profit, you use that for your living, and put the rest again into investment. That's how it should keep on going. The moment you stop it, the cycle ends. There will be no more profits coming from that. People talk about passive income, but in reality there is none. You need to keep working your ass off to get paid. Doesn't matter how much you have earned. You may not be able to spend all of that you have earned, but your next generation may do that. And this is the problem in this world. Good times create weak men, weak men create difficult time, difficult time creates strong men, strongman creates good times. And the cycle keeps on happening over and over and over.
never stop on what you do the best. If not this one, then maybe something else. But the show must go on. And that is life.
I don't know why some of you believe that retiring means quitting everything. FYI, in case all of you forgot, just because an individual retires from their job doesn't mean that they do not have other means they can use to get income. Some individual chooses to retire to start their own business or they are confident of their investment that is probably already providing the money they need to get their needs and wants. Just because someone retires, it doesn't mean they stop making money. |
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I think this is more of a political news rather than an economic one. Although Patrick McHenry is a crypto-friendly lawmaker that's all that there is to it, I doubt one person can make such big changes in the economy and how the system works. We should really stop overhyping things and people just because the term crypto is placed before or after their names. Read the article and you'll see no relevance to any crypto-related topic but the position of McHenry and how he supports crypto, that's it.
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So I am looking forward to venturing into another business but possibly after the 2025 bull run. What's in my head right now is to create a stall for grilled chicken business. The estimated capital should be around $6k.
before laying out $6k on a stall, just spend $30 on poultry and ingredients(condiments, herbs, spices, marinates) to make 10 varieties of flavours and then get neighbours, co workers, friends, family, random locals to rate it. work on building up a desired recipe, menu before purchasing a stall even do a random survey of locals to ask what type of chicken they prefer, not just when eating out, but more when they home cook because there is not a eat-out option that meets their tastebuds(find the missing niche) once you have the perfect recipe. choose the presentation.. Caesar salad, chicken cheese steak, chicken burger... then if you want to save the $6k upfront try the option i mentioned in previous post (replace hotdogs with your prepared/marinated chicken) That is a good suggestion here. It is always best to know what your target clients and customers prefer so you'll have a general idea of what your products will be. Many businessmen do this in order to know and understand the general area where they're planning to place their business and the type of products their target customer or the general public prefers, that way you wouldn't be launching a product that only the minority likes which then will result to low sales. |
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Let the boy take accountability on his actions. It's a consequence of his actions and he should take full responsibility of it. There's literally nothing the gambling platform should do with this as the boy knew full well of the risks and still decided to push through with it. If he won against the casino, would he heed the casino's pleads to give them the money back? I don't think so.
It won't hurt for the boy to have a taste of the consequences of his actions every now and then. He will learn this the hard way with a huge price to pay.
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-snip
I’m starting to think that they have thought out a plan to reduce prize money, but I also don’t understand why they need this Why would you think so? iirc if they released a battlepass, Valve kept 75% of the total purchase and 25% goes to prizepool hence if they actually put in some effort to release a decent battlepass or any other sort of new stuff for the community then they would have gotten significant amount of profit as well. We might never ever reach the ATH TI prizepool anymore but it could be atleast $10-15M I thought it was in their plan to reduce TI prize pool and distribute it all throughout the year to keep the leagues alive? If that's the case then it still doesn't explain why they have to release a battle pass that is sub-par compared to what they've been releasing in the previous years. The sales of this battle pass is in a slump, and would likely to only be boosted once the discounted levels are live. Valve's battle pass sales allocation is just too selfish at most. If they plan to distribute the battle pass prize money across all majors that they are sponsoring, it still wouldn't be enough if only 25% of the sales would go to it. |
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That’s definitely true. A lot of gamblers are tempted to use their credit cards just to fulfill their gambling habits and see where they are now. Most of them have ended up drown into debt thinking that they would gained remarkable profits in time, but ended up broken and worst some have certainly need to be homeless just to realize their wrong habits. However, despite the negative outcome caused by credit card gambling, new gamblers still don’t learn from other gamblers mistakes and still fuel their gambling habit and addiction through using credit cards.
Most of these people would have easily avoided getting in debt if they knew the word self-control. This is what people are lacking that's why they are spiraling down on debt. Credit cards aren't that dangerous, especially if you keep everything in check. You can use it to virtually anything that the credit cards allow to buy, even gambling. You just have to make sure that you are not indulging and overdoing your spending. |
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I don't get why people need to take a video of themselves crying and posting it on social media afterwards. I get that you're frustrated and sad because of what happened, but isn't that something that you should take ownership because it's a consequence of what you did? If she can't handle the loss, then she shouldn't be gambling in the first place. Why would you pursue something that you aren't ready to face failures with? Pretty sure that money that she used is for something far more important than gambling, that's why her reaction is just like that.
I'd laugh in front of her if I was there.
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I was waiting for this, na may mag post ng update at eto na nga. Although nandyan na at wala ng magagawa ang PhilHealth regarding this since na leak na nga, sana maging malaking lesson na ito sakanila at sa gobyerno na mag allocate ng funds na siguradong mapupunta sa cyber security ng mga ahensya ng gobyerno lalo na yung mga factors na may important data na gugustuhin ma hack ng mga hackers dyan.
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Best Practice #2: Stay in the Loop
Stay sharp and informed. Hang out here, share tips, and keep updated on the latest Bitcoin bandits. Knowledge is power, amigos!
Good point here. Sometimes when we are done applying everything we need and installing every tool we can get to ensure our security, we often forget to update after some time. We forget that there are various developments that may cause loopholes and openings for scammers and hackers, hence why we need to stay updated so we can apply changes that can secure us from any possible openings there is that makes our accounts and wallets vulnerable. |
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You can go back and check the tweet again, you'll see that there is a community note that states that the account isn't being run by Satoshi. We should really be careful in just believing anything we see on Twitter or X nowadays since it is pretty easy to get the blue check mark now. Moreover, I don't think Satoshi will just compromise his anonymity just to tweet something like that. There are already a lot of individuals claiming that they are Satoshi so it'll be a smart move to just ignore them and not give the attention they are trying so hard to seek.
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I have no idea where your advice came from but it's just seriously ridiculous. First of all, why should anyone take your advice? My money is my own problem and responsibility so what I do with it should not be anyone's business but me (unless I decide to do illegal things then I'll have to answer to the law). Secondly, helping isn't required, anyone can help whether they are billionaires or average-earning individuals, there isn't a law that mandates us to provide anything for anyone outside of ourselves and our family. Third, if someone does end up helping they probably wouldn't be as excessive as your suggestions.
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On this board I often see a lot of discussions related to investment and finance which tend to be large scale. However, to start investing we need capital. How do you find capital for investment?
Before we are going to have some business plan set aside we need to have a means of gathering that money as well, there are people who already have something doing which they can put more energy on in other for them to earn more money they can save up and start up a new business or invest it in something else. For someone who don’t have anything doing but what to gather money for investment, the best thing is to start up anything that can earn them money unless they are the type that are blessed with relatives which can raise them some funds to start up any investment if not the best way to raise money is to either get your self in doing job, or you can render some kind of skillful service to those who need it in other to raise that money. You are right, having the capital needed for the business is surely the first thing an aspiring businessman should have. Having a plan and vision will result in nothing if the individual doesn't have the startup money needed to launch the business or at least make the initial steps to gather investors. More often than not, however, individuals who already have a detailed plan for their envisioned business already have the capital needed or are already in the midst of getting it by working or by other means of getting income. Additionally, I wouldn't really suggest borrowing money or relying on relatives as well as friends and acquaintances in starting a business as conflicts will surely arise. Instead, you can have a formal discussion with them by making them investors, but that of course will still require for you to have an initial capital. |
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Entrepreneurship has very little thing to do with gender, it's more of the mindset and passion the individual has for the business. Times have changed and the set of women we have now are very much predisposed to business.
Of course, you can't factor out the reality that men dominate the entrepreneurial sectors and that the structure of most businesses doesn't give room for women to thrive that much, but the few that have conquered these shortcomings are doing exceptionally well for themselves.
Right!! Currently speaking, gender has nothing to do with it. This is so outdated to argue with. Entrepreneurship is about mindset, passion, and determination, and those are the qualities that are not gender-specific. As time passes, women learned to break the patriarchal cycle. There may still be existing gender disparities in workplace but they have continuously prove that with the right mindset and support, they can thrive in entrepreneurial sectors traditionally dominated by men.  Well said on this. The views stated here are outdated and I'm not even sure why they should be discussed for so long. Time has proved how women can dominate the same field men traditionally do. Additionally, it was the result of the negative and discriminating cycle that pushed women to make a change and break the norms set by outdated culture and views of society. Women have proved how they can work and provide just the same as men can nurture and express. Such a toxic mindset about these gender norms should be completely thrown out now as it not only affects women but also men and anyone fighting for their gender rights and expressions. |
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the last news I heard was that Elon Musk is going to make a paid version of twitter because the current version contains a lot of bots that he can't even handle so he decided to make a paid version. I'm sure many people will leave Twitter if that really happens. I would prefer not to use Twitter again if that happens. I hope Elon Musk will think again about the worse impacts of making Twitter paid.
Yes, that's also the most recent news I heard regarding Twitter (now called X). Although I get where he's coming from since bots have been a long-term issue with that social media platform for such a long time now. Recently tho, it has been causing more problems as more and more users are being victimized by these bots regarding bad promotions and negative campaigns. However, I don't think turning the free social media platform into a paid one is the best action here since, much like you have stated, users will most likely leave the platform and opt for a different one. Personally, I wouldn't choose to pay to have access to it especially since I know it will only grant me the basic features of the platform that I have enjoyed freely for years. |
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Most of the time, I fail at anything new because of procrastination. When I want to learn something new or do something new, my mind tells me, "hey you're not feeling well today, start with fresh mind tomorrow" and hundreds of thoughts come to my mind. After a while, I start thinking about the negative side of the idea that why it won't work, and in the end I finish(quite) working on the idea that I never started. Most of the time I procrastinate because my mind tells me, you are not feeling well today start tomorrow, you are awake for 1 night you need to sleep, etc.
By the way nice article I bookmarked it for reminder.
I completely get what you mean as I have been through that same scenario over a hundred times already, and sometimes even today there are occasional relapses when I have to face something important at work or do a chore I've been putting off for the longest time. Our mind is our biggest dictator, we let it control us every time even when we feel like it's not the best thing to do. One thing that I found that helped me overcome such a scenario is to counter those thoughts by reminding myself that if I don't do it today it will surely cause more time and a bigger problem tomorrow. We have to remember that sometimes stress and pressure can be a good thing as it drives us to face our fears and pus forward. |
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Most of the well earners that are still enjoying their adulthood don't still prioritize investment because they prefer to clubbing, drinking with friends, partying, and other easy go lucky activities, because they are thinking that they only live once, and they can afford it, they can earn it again.
They don't care about their future, the backfire of their activities that don't secure themselves in the future, no savings, no emergency funds, just flexing their salary through social medias and by treating their friends every single time.
Such an example you stated only proves how important it is for us to know what to prioritize in life and how to balance our wants and needs. Although we cannot blame those individuals who choose to spend their well-earned money to enjoy life and live in the moment by going to clubs, parties, easy-go-lucky activities, and excessive shopping, we can surely learn from them by knowing the positive and negative effects of their chosen lifestyle and scaling which one is predominant. I've seen and known people who are able to enjoy those listed things while ensuring that they are able to maintain their savings, have emergency funds, and even invest. |
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