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881  Economy / Economics / Re: Do your work. on: March 28, 2023, 10:16:56 PM
Not everyone will run a personal business and I beg to disagree that you are only making someone else richer without increasing your own wealth. You can earn more as you work as well. Everyone has a part to play in the smooth running of a business (both the emploer and the employee). If everyone runs a business who then would we employ to work on our businesses.

To run your own business, first of all, you need to have a certain frame of mind. If a person is a doer, it will be very difficult for him to readjust. Not everyone can be a boss. Of course, it is possible to work on yourself psychologically, but to do this you must often overstep yourself.
882  Economy / Economics / Re: Poor and Rich on: March 28, 2023, 10:03:16 PM

But of course it would really be needing that hard work and determination and persverance and proper planning and financial handling on which you would really be needing these things for you to make yourself see
that you would be able to have that improvement.You cant really be able to have that progress if you do just wait and sit because thats not how someone should do if you are really that eager on changing up
your life when it comes to financial improvement which it would really be that understandable.Its true that it might not be that easy but its not impossible if you do just pursue on what you are aiming.
We are living on this world with having that inequality which we do really just accept our fate and its up to you on how you would be making yourself better.

Still, occasionally you need to think many times before you take a step. We will think we are going in the right direction, but after a while it may turn out that we were deeply mistaken. The number of right business choices is shrinking every day because of progress.
883  Economy / Economics / Re: Is some certain lifestyle a waste of money and time ? on: March 28, 2023, 09:50:23 PM
Everyone has a different lifestyle, and everyone has the right to spend their time as they please (of course, it is advisable to avoid habits that are harmful to health). What is a waste of money is a philosophical question. Life is a temporary phenomenon, and living only to save money, which we will definitely not need in another world, where energy is money, is also wrong. A slave to money is a bad choice.
884  Economy / Economics / Re: Its not human vs machine its human vs human on: March 27, 2023, 11:09:15 PM
Sooner or later artificial intelligence may become so advanced that it will threaten the very existence of humanity. Humanity increasingly trusts the functions of robots (soon robots will be quite capable of repairing themselves without human intervention, as well as reprogramming themselves). Students are already using artificial intelligence to write term papers...
885  Economy / Trading Discussion / Re: Holding could be better on: March 27, 2023, 10:58:13 PM
this is a good strategy for those who don't want to do or monitor the market on a daily basis, they will buy then forget about it in a few years then reap the rewards, but not suitable for high risk altcoins, and it is recommended to buy low risk coins, maybe top 10 better marketcap.

If you analyze TOP-10 for several years, you'll see that the TOP-10 has repeatedly changed, and often coins from TOP-10 disappeared forever (because they reached the maximum price and became uninteresting for manipulators). So hold makes sense for coins not from TOP-10 (but you need to choose project carefully)
886  Economy / Trading Discussion / Re: Too late to start? on: March 27, 2023, 10:31:13 PM
it's never too late to start. The problem is that there used to be fewer cryptocurrencies, so when the bullrun came, everything went up in value. Now there are a lot of cryptocurrencies, so everything will not grow in price. Much depends on the development team, as well as on the purposes for which a particular project is intended.
887  Economy / Economics / Re: The volatility in the price of a bitcoin is falling over time, or not. on: March 27, 2023, 09:53:53 PM
As the price of the asset increases, the percentage of volatility becomes smaller and smaller, and it becomes more and more difficult to make money on it. Later on, this asset is either abandoned or it becomes an analog of Stablecoin. Although I don't rule out that there may be a new variant of bitcoin, and there may be an exchange of the old variant of bitcoin for the new one.
888  Economy / Economics / Re: Benefit from Higher Education? on: March 26, 2023, 11:50:33 PM

In my experience people who are entrepreneurs have actually strayed away from education, but it sort of makes sense that they might go through university just as much as the average successful business owner. Some people like to get straight out into the world and make practical attempts at making money, often trying lots of failed projects before figuring out profitable streams of revenue - which themselves might dry up over time. Higher education could certainly give you a more structured approach and some useful ideas for business, while also teaching you very practical skills like book keeper or networking to grow a group of complimentary connections.

I agree. Getting a higher education takes quite a long period of time - usually during the most productive period of one's life. And, during the period of study, they often give us additional knowledge, which only overloads our minds. As Sherlock Holmes said, the head is not an attic to clutter up. And that it doesn't matter for its work whether the Sun revolves around the Earth or vice versa.
889  Economy / Economics / Re: Bitcoin (BTC) Targeting $10,000,000 Amid Rapid Global Crypto Adoption on: March 26, 2023, 11:40:06 PM
If bitcoin is worth too much, then imagine how long you will have to wait for your investment to at least double? Bitcoin has a certain value limit, after which it will lose its appeal. It might be $200,000, it might be $300,000. Or maybe even less.
890  Economy / Trading Discussion / Re: Experience of failure and success can help us control the emotions. on: March 26, 2023, 10:14:37 PM
Even if you don't think that emotions play an important role in the success and failure of a trader, it was different to me.

My trading experience has always involved emotions, sometimes it's good to be a little greedy, but mostly it fails due to hasty decisions. Usually emotions will make it difficult for traders to make the best decision to enter even though they are doing analysis, but in many cases emotions must also be present but cannot be put forward. The reason for the failure can be influenced by emotions, including panic at the sight of the dump.

Still, you shouldn't be afraid of emotion. Emotions provide adrenaline. Emotions keep life from becoming dull and boring. Just a little discipline and the situation will change for the better. What doesn't kill us makes us stronger. That's the truth.
891  Economy / Trading Discussion / Re: is bitcoin trading like stock trading, forex, someone in middle or neither? on: March 26, 2023, 10:06:51 PM
If you look at the trading tools, there are many similarities. Indicators, trading strategies - there are no particular differences. However, it should be noted that in the cryptocurrency market, there is a lot of volatility, and a lot depends on bitcoin.
892  Economy / Trading Discussion / Re: Will you advice a new trader to join a trading community or group? on: March 25, 2023, 11:41:55 PM
Joining a trading community or group can definitely be helpful, especially for those that are new to trading. It allows them to learn from others experiences, share strategies, and discuss market trends. They can also find help in those communities and groups when things  doesn't go well for them.
But yeah, it's essential to find a reliable and a legit community. Let's be honest, most of the groups are filled with trader trying to promote shit coins for their own benefit. Those groups promise unrealistic returns to lure traders and push specific coins so they can dump it on them. Even if they do join those groups, they should always do their own research and should not blindly follow anyone's advice.

It's easy to say, to do one's own research when one is still, in fact, a novice. He is not yet qualified to do any research. So almost any opinion confidently expressed will seem right to him. That's why a beginner just shouldn't join a trading community.
893  Economy / Trading Discussion / Re: Never Trade on Emotions on: March 25, 2023, 11:34:58 PM
But in fact managing emotions is always easy to say but difficult to practice. Even experienced traders often get emotional when market conditions don't go their way, so I don't think we really can erase emotion from trading.

Trade management will of course include emotional management and budget management. You can arrange it in such a way that you can minimize the risk. After all no one can consistently profit from trading, it must be hard even if one could.

Trading all the time as a robot is very difficult. By the way, external factors can also interfere, such as a power outage or a sudden argument. These factors can easily throw you off balance, and tomorrow you will have to pay the interest on the loan, so you have to earn something today at all costs. Life doesn't allow you to trade like a robot.
894  Economy / Trading Discussion / Re: 1$ per day crypto investment plan any good ? on: March 25, 2023, 11:27:31 PM
It all depends on the volatility here. If you invest $1 a day, the volatility is not too noticeable. And the whole question is when you invest. Maybe this altcoin has already peaked. When investing small amounts, risk management is usually not followed.
895  Economy / Economics / Re: less risk or big profit? on: March 25, 2023, 11:20:05 PM

If you can work it out and place your position at the right place and at the right time, this statement is right, the chance of being compensated is very possible if you can predict the market and if you can place your position when the opportunity open up. And aside from that, the best practice is always not to follow greed or in most of the time, always follow your instinct. Maybe greed can be applied if you really anticipating higher chance of market pump.

It's more about your timing and how you understand every single corner of your chosen investment venue.

In any case, there must be a certain amount of luck to succeed. By the way, if you set yourself only small tasks, it is difficult to move on to big tasks. If trade is your only source of income, then small earnings will give you nothing. So you have to take risks.
896  Economy / Economics / Re: Is capitalism killing morality in the name of the law? on: March 25, 2023, 11:12:10 PM
money and morality, in most cases, are incompatible. After all, there is the proverb "Money doesn't smell. This proverb reveals the relationship between money and morality. Modern society increasingly adapts the morality of society to the morality of money, unfortunately.
897  Economy / Economics / Re: Try to save money while you still can, will you ? on: March 24, 2023, 10:27:02 PM
My view after reading it In a situation like your friend's, it's important to find alternative sources of income, such as freelancing or part-time work. It may also be beneficial to create a budget and reduce unnecessary expenses to stretch their finances even further. Additionally, seeking help from family and friends, or government assistance programs may also be helpful.

What does it mean? it is important to be prepared for unexpected challenges and have a plan for managing financial difficulties. Saving is an important step toward financial stability and can provide a sense of security in times of uncertainty.

To engage in freelancing, you need to be a person of a certain temperament. If a person is a slave and has little initiative, then this kind of activity as a freelancer is unlikely to suit him. In that case, one option is to work with a good psychologist.
898  Economy / Economics / Re: Social media, now looking more for business than for socializing. on: March 24, 2023, 10:14:32 PM
The so-called socializing equates to money for some people. I was discussing with a friend and she told me that she got money from posting a video on TikTok I ask her to expatiate what she did. Also using social media for your business you can use sponsor ads which will go as far as any state you want and your goods will be advertised for a token which will bring more customers and will generate more income for you

Here you should consider the point that people watch videos mostly for the first 3 seconds. If the content is not engaging, the person starts watching the next video. Therefore, to create a promotional video that will bring in customers, you need to have a good knowledge of marketing.
899  Economy / Economics / Re: How is the cost of living in your country? on: March 24, 2023, 09:51:51 PM
Unfortunately, the cost of living has increased in almost all countries, and almost nowhere are there any real effective measures to solve the problem. The spontaneous increase in the retirement age can be viewed as an act of impotence, or stupidity.
900  Economy / Economics / Re: Benefit from Higher Education? on: March 23, 2023, 11:41:54 PM
Even on developing countries on which i do live in which there are still institutions which does still have that educational standard which could really go in par with those top end ones when we do speak about quality
education despite of the market or economic condition but still i could say that it would really be that competitive.In speaking about on individual perspective about acquiring high education then it should
really be that a standard for someone to do so because we do know on what are the opportunities that it could give on someone who does have the opportunity on dealing up with things
which could give out advantage compared to those who have none.

The main question is, who develops these standards? What is their competence? And in general, there is a certain paradox - the old textbooks are much better in quality than the new textbooks. Take it, and just compare. The old textbooks are much clearer.
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