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881  Economy / Gambling discussion / Re: If we lose in gambling, what do we need to do? on: March 09, 2024, 07:58:14 PM
It actually depends on you , how much you lost and why you lost. As a responsible gambler you have to be able to manage your wins and losses properly to avoid certain things like addiction and over staking. Sometimes in. Gambling losses happen even when we don't expect or plan for it. Normally when as a gambler when we place bets our aim is always to win and not to lose however losses can happen as a result of certain mistakes like wrong analysis and miscalculations or sometimes as a result of bad luck probably.
When staking as a gambler you should make sure not to stake excess but rather what we can afford to lose because of situations where we eventually lost.
It is better for me us to lose bet and go home to eat good food thanking God of wisdom for another lose that could  not clear our bankroll. There are people who are too confidence of themselves that a small lose will bring big winning to them but we all have to be careful and not do something that would cause us problem because we need to think well before we go fully into gambling with the claims that we are going to win when we are not supposed to be certain about it.
Gambling need patience and when we don't have it, we could easily end up losing big without knowing that we have already lose all our funds to trying to impress our feelings that we can keep trying.

Yes that's the concept of gambling where you can double and you can also lose all the money you have in a short period of time. Gambling has absolutely no certainty whatsoever when it comes to winning anything because all overall winnings always depend on how lucky you are while running the session, meaning if you are lucky then you will be but if in the end you lose then that means you are unlucky, no matter how good the strategy you use still in the end it always depends on your luck.

Therefore it is better and more advisable to gamble by only using a small budget so that when you lose you will not be too disappointed with the defeat, and we must understand that gambling is not a place to make money, you will only win when you are really lucky as I said above and all wins in gambling always come by "chance", that means there is absolutely no element of consistency in terms of winning, and the point is if you do not want to experience losing money then obviously you are better off not gambling at all.
882  Economy / Economics / Re: Save money today so money would save you tomorrow. on: March 09, 2024, 06:05:02 PM
Saving money is very important for everyone's survival and future life. I am definitely saving something to manage my life well and be happy with my children wife and parents. If from now on I can save and if it is through bitcoin or ethereum that would be better I will definitely be saving in these two currencies. I hope that the way I am saving from now on, I will be able to live happily with my wife, children and parents in the future. I would like to say to every person that you should save something to make your future brighter, spend all the money you are spending unnecessarily or if you save it, you will definitely get a lot of support in your old age.

That's true, saving is important, some people think saving is a waste of time because it won't make you rich, I don't agree with that statement. It's true that saving can't make you rich, but of course as we live we will definitely experience urgent needs such as disasters that can come at any time, and to deal with these disasters of course we have to have money, and if we don't have savings it will be difficult to overcome them, possible steps What you will take is taking out a loan, which of course will have interest over time and of course that could be a problem because it will be a burden on your mind too.

However, not everyone has enough income to be able to set aside money for savings. there are some people who have a limited income with only enough to meet their daily needs, but of course it doesn't stop there, that's not the end of everything, of course we have to be able to think of ways to have more income, such as doing or looking for a side job, by Of course, we can make more than enough money and save. But to find or do a side job, of course you have to take into account several things such as energy and time. make sure there is enough time for work and rest, and whether or not we ourselves are able to do longer work.
883  Economy / Economics / Re: A course worth studying ? on: March 09, 2024, 05:40:21 PM
So, if you had the opportunity to advise people about courses to choose In University, what would it be and why?

It depends on the country you live in. It can also depend on what you want to do. If you want to work in an international field, if you do not have any job prospects in your country of residence related to your major and if your major allows you to do international business, you can continue. This choice is directly related to where your field of study is located.

There are people who spend years just to get a graduation certificate or study in a department that is not enough to find a job. It is very important to decide which fields of work you will find in the country you live in and which fields of work you want to work in. Many people drop out of school and switch to other departments. In order not to waste time, it will be more beneficial to analyze the conditions well and at the same time choose the profession you want to do and focus on it.

If you believe that you will be successful, you should not care too much about what others say about your department.

There are also some people who believe that higher education can make them successful, I myself am not too sure about that, the statement is that no matter how high the education we get, if we ourselves don't pursue it then there will be no results. Also, with those who have degrees, I often find that they tend to be arrogant about having that title. In my opinion, degrees and diplomas are only a sign that we have studied, not a guarantee that we can be successful. Success is based on ourselves, whether we have a strong determination to achieve success or not. Moreover nowadays, there are rich people who have so much money they can afford an educational degree. So in my opinion, being successful doesn't just depend on degrees and diplomas.

because in my opinion the reality is different, when we study and take a certain major, sometimes after graduating from school we get a job that is not at all related to the major we chose in education. What you say is true, the key is in ourselves, if we can understand the work we get and are also diligent in carrying it out then that is a good thing, and not everyone can do this.
884  Economy / Economics / Re: Surviving the economy with creative thinking. on: March 09, 2024, 05:20:48 PM
It has come to a point where humans can’t just seat and watch things happen for themselves. As humans leaving in this kind of economy where things are not getting easier, we have to employ the art of creative thinking skills. It is clearly seen that to survive in today’s world. You must be creative in your thinking. The world is a global village that is changing rapidly. Humans must be innovative in their ideas and should produce different techniques. Which can be implemented in order to develop commodities and create a competitive edge.this is to say creative thinking plays a prominent role in today’s world.
We are in an era where the world is experiencing very rapid development and change in all areas, including the economy. Many of the systems we used yesterday may no longer apply today. Likewise, the system we use today may no longer be relevant if used in the future. To continue to survive and be able to adapt, the ability to think creatively is very necessary and crucial in times like now.

Creativity can be obtained/developed by learning from the internet such as YouTube, social media and so on, whether starting from an early age or as an adult, it doesn't matter what is important is the intention to learn and being persistent. then you will be able to survive even though the world economy is increasingly developing and very competitive.

Of course we have to be able to adapt to current developments. with the development of technology we must be able to take advantage of it, especially with young people whose enthusiasm is still burning, they must be able to have their own creativity to create business opportunities or profits, with the current development of technology there are many things you can do to make money, but the problem is that not everyone has creativity, even many young people are stuck in their comfort zone which doesn't produce results, like in my neighborhood there are many young people who just stay up late every night playing online games and don't produce any results. and when I asked why you don't look for a job so you can make money, their answer surprised me, they answered "why work, the president is already there" I don't know what that means, but I'm sure they don't have the desire to have a job or are reluctant to take a step at it. better.

I agree with you, of course with today's technological developments, we can make money from social media, and many people have become successful by doing things that may be their ideas and creativity. If we talk about destiny, then my own destiny can be changed if we ourselves have a strong determination to be successful. It is a wrong idea to only survive on poverty because basing it on destiny.
885  Economy / Economics / Re: How can it be possible coping with one source of income on: March 09, 2024, 05:00:07 PM
It’s not advisable to have a single source of income. It may be possible to live and cope fine with a single source of income but with the rate of inflation, your single income would start to be looking small for and wouldn’t be enogh anymore to keep up with living expenses.
How much you earn would be a good determinant on your lifestyle and even if you earn a whole lot of money, it would start to tell on your pockets later on with the rate of inflation and inflation with the prices of goods and services skyrocketing, it’s advisable to have a second means where income incomes in.

but if the source of income is large and sufficient, even more than enough to meet needs and so on, then there is no problem. but it's not good either, if you really have a large income you have to be able to take advantage of it, such as saving to open another business so that you have other income apart from your main job. It's true what you said, maybe as time goes by everything will add up. Of course we have to be able to adapt to technological advances too, but don't forget that with increasing income, the possibility of lifestyle can also increase.

It's good that we can have more than just one income, if we are still able to do it then there's nothing wrong with that because that's a good thing too. Also, having other income ensures that when the main income is in trouble, there is still other income that can be relied on to help in terms of funding, but of course we also have to pay attention to ourselves, whether we can afford it or not by having more than one income. because of course having more than one income will probably take energy too.
886  Economy / Economics / Re: Our decision making is responsible for the outcomes in our ways on: March 09, 2024, 04:40:10 PM
Those who still have a low income and already have a family that must be looked after and maintained well, of course they must have additional income to achieve success in their lives. Because the final decision is that there must be additional income without having to compromise on other things because without additional income it will also be difficult for family members to make the wisest decisions possible. So if there are still people with low incomes and want to be successful like most other people, of course what they have to think about is efforts to increase their income, not anything else.

I agree with you, basically everyone wants more than enough income, because that's what will make them happy. with limited income maybe they can't buy carelessly, they need to consider everything carefully. but we should be able to consider everything carefully, because there are people who have large incomes but that income runs out quickly, in my opinion it's because they carelessly spend and don't record their expenses, so when they feel they have money then they can buy what they want without thinking, and of course that's not right.

Looking for additional income is a must if we have limited income, but not everyone can do it. To be able to produce additional work, I think we have to be able to manage our time and abilities, if you feel you can still do more work then there's no harm in doing it. but if you force it, I don't think so, because it will probably only torture yourself, therefore we have to be able to make good decisions by considering it well too.
887  Economy / Economics / Re: Isn't it all about money? on: March 09, 2024, 04:18:36 PM
Life is not always about money, but in fact humans continue to struggle hard and desperately to get some money to continue life or increase their wealth. And many people think that education is the key to achieving success, but again in reality life is not as easy as we imagine and think, education is not a guarantee of achieving success. And there are also many of them who are able to achieve success without having to undergo formal education, starting from elementary school to college. With his tenacity and several experiences he has had, he managed to achieve success even though the journey was quite long and required sacrifice.

Once I say it, education is not a guarantee for someone to achieve success, but by going to school, at least by going to school, we will know the efforts to achieve success. This all depends on a person applying the theory and knowledge that we have gained during school.

I think it's natural that many people are desperately looking for money, they work hard without looking at the time until some work until the evening because they need money to survive, because to be able to survive of course we have to be able to have a certain amount of money to meet our needs. needs include food, and desires such as buying property. Everyone wants financial freedom, because that is everyone's dream, I'm sure you want it too. Indeed, there are some people who think education is the key to success so they strive to continue studying until college and get a degree, but in my opinion that is not the key to success, and the degree you get in my opinion is just an addition to your last name. It's not guaranteed to make them successful for sure, especially now that I've heard rumors that degrees can be bought, it's not all about money, but most everything requires money.

going to school and having a degree or diploma is only a sign that we have studied, there is no guarantee that we can get the job we dream of, even though in my area there are some schools that provide certain learning and guarantee that we can work straight away after graduating, but the reality is No. If we really want success then we have to be willing to work hard, also with persistence, and that determination must be there to be able to achieve success, a degree cannot guarantee us success in life.
888  Economy / Gambling discussion / Re: When you are not to gamble. on: March 08, 2024, 08:23:56 PM
Gambling can be fun and also become a serious problem if not done appropriately. Alot of gambler get themselves into problem because they gamble anyhow and anytime. There are some times you should take a break in gambling so that you won't become an addict or give yourself problem. Time you shouldn't gamble includes:

👉👉when you are in need of money urgently
Some people gamble the most when they are in need of urgent money. They use the little in their account to gamble believe they can double the money in no time through gambling to do what they want to do. This most times go wrong making them to lose the little they should have save for that purpose


This scenario for me is a desperate move, to be honest. Why would you think about gambling? There are so many ways for us to get earnings. We all know that the chances of us winning at gambling are very low, but the chances of us losing are very high. That's just the way it is, right?

This is really a very wrong move if there is ever another gambler who uses this method. Maybe some of them think that this is the last solution in their minds, but the truth is that there is another way; they are just lazy.

You say that it is a desperate scenario but on the other hand you also say that there are still many ways to make money outside of gambling, meaning simply that they already have no way to be able to make money so in the end they make this very risky gambling a place to earn for them. On the other hand I'm not saying that your idea is wrong about "there are many other ways" but not everyone can think that broadly to find a solution or find a new place of income to overcome their financial problems.

On the other hand I would definitely also say that making gambling a place to earn is a very wrong idea and not recommended at all, not least because it is as you say that the percentage of losses is always higher than wins so this will actually make someone end up in a much worse situation in his life, instead of making money but what happens instead is experiencing a lot of losses. And also another thing maybe I would not be too supportive of the idea of "desperation" in this scenario, because it cannot be denied that there may be some gamblers who do not know at all about the amount of risk involved in gambling, so maybe it is not based on desperation but because of ignorance.
889  Economy / Gambling discussion / Re: Risking 1% in Gambling on: March 08, 2024, 07:49:35 PM
Gambling really is for the lucky to be honest.

Everyone will get there with the hopes of winning or at least to have a good time.

It's only the few lucky ones that end up actually winning something.

And they are just randomly sampled. There's no correlation between how good player you are and how much you win.

I want to deviate on that. I will continue to believe that gambling is for skilled people who can be profitable in the long run. Because if you rely on luck, you are not gonna end up winning, you might if you are extremely lucky like you are hitting a jackpot (one time big time), but if you only hit a minimal amount you will still come back again to gamble, and eventually you'll lose. That's the edge we have, and we can never beat that.

So, in my case, I try to learn and develop my skills so one day I'll make a living in gambling. ... sounds impossible, right? But that's just me...

This sounds to be different, if we put the goal of earning in gambling then yes obviously the skilled will be superior to a newbie coming in, but the skilled can never be superior to the house or the casino as they are basically the ones who create and design all the games that are provided in such a way. So with this I would probably say that the idea of making what you say in gambling in the long run has very little chance of success, because things can't always be predicted accurately no matter how skilled you are.

You've said that it's very difficult to rely on luck to really make a win, yes that's true, but the problem is that most of the winning results in gambling always refer to how lucky you are when running a session, and anyway your idea of making a living in the long run on gambling in my opinion is too dangerous, I don't prohibit it but it doesn't hurt for us to remind each other even if it's just a suggestion because it also leads to good, but yes you have the freedom in terms of choosing decisions and good luck friend. Wink
890  Economy / Gambling discussion / Re: I just woke up and saw wins in my gambling app on: March 08, 2024, 06:43:38 PM

This is another reason why gambling can not be a job or anything like a source of income cause you can't know your games would play out and no predictions is ever accurate.

If you have such experience share it with us let's see the luck guys around.

First off, congratulations on your win buddy. We go back to the original understanding that this is gambling where anything can happen unexpectedly and all wins in gambling always come by "chance" and that confirms that gambling is a lucky activity which means you will be able to win when you are lucky enough in one of your sessions.

On the other hand there is absolutely no certainty that can guarantee you to always be able to win at the end of the session, as I said above that you will only be able to win when you are really lucky and nothing more than that, which means I agree with your idea that gambling cannot be used to earn because in my opinion it is too impossible to achieve success because there is absolutely no certainty whatsoever as I said above which means there is no consistency in terms of earning because all wins always happen by "chance" like the one you just got.
891  Economy / Gambling discussion / Re: Support, do not criticize. on: March 08, 2024, 05:49:05 PM
Addicts might have to face a lot of anger from their nearby family members, lenders and so on. So eventually that anger ends up in criticism, so its common and not everyone is going to be supportive.

The gambler is at fault because it was their choice to play with their luck and they did not stop themselves unlike other who moved on. If they chance their attitude to gambling they might be able to come out of this rabbit hole, pay back their debts and be proud of their conversion to a new human.

Support from family and friends is important, but how they provide it is also important. Sometimes its not possible and the gambler has to cope up on their own.

If an addicted gambling himself will try to change for the better, we should set aside that criticism as it will not help at all. Besides, this gambler if he will be able to successfully cure his gambling addiction, he will not be a problem in the community especially with his family. The problem with non supportive family is they are the ones that are good in criticizing gambling addicts, instead of helping since he is part of the family.

Actually it's not easy to get out from addiction, but it will only be easier if the family member are supportive, so that's the key.

Yes, as the OP said that what we should do is support them in any way or at least say "encouragement" I think that's good instead of criticizing them which in the end will actually be able to thwart their struggle to quit. I think we all know that quitting gambling is a difficult act to overcome especially if you have entered the addiction phase where your brain and mind are filled with everything about gambling. On the other hand, I think it is quite unlikely for them to criticize if they are basically family or family members of the addicted gambler because obviously the family always wants the best for their fellow family members and I think it is likely that they will support the healing process that is being carried out by the addicted gambler.

For the problem of criticizing or ridiculing, in my opinion, this is more likely to be done by others who are not related to the gambler, such as maybe some friends in the neighborhood or hangout who usually prefer to say or say something that is not based on any consideration that leads to ridicule or criticism.
892  Economy / Gambling discussion / Re: Gambling mistake repeated by the gamblers on: March 08, 2024, 04:53:39 PM
There was a time before that I managed to take home a good win out of desperation because I had a financial problem.

I became overconfident that I would be able to achieve it and after several hours of playing, I managed a good win and solved my financial problem. That was a lucky day for me so I can say that it was not a mistake when I turned into being overconfident that time.

My further gambling session though didn't end well that's why currently, it might be a mistake now to consider being overconfident in gambling.

Being confident and be realistic, that's how you deal with gambling. You were just lucky that time, and that overwhelmed you a lot thinking you can do it again, thing like "easy money" usually came out on our mind after the first success, but if we analyze deeper, we will realize that there's no easy money in gamblnig, otherwise, this industry is not that huge as casino will easily close shop.

Right, and maybe I will add that in addition to being confident and being realistic you also need to be rational in looking at gambling, no other than because a lot of people become victims where at first they only focus on one side such as multiplying the money they bring or only focus on winning so that it seems to rule out the possibility of defeat that can never be separated in gambling, so of course the idea or idea of earning in gambling is the wrong idea.

What is worrying is that most of the novice gamblers these days only focus on one side as I mentioned above, namely they only focus on winning and that is the first reason they come and get involved in gambling activities with the initial scenario maybe they see the winnings achieved by other people or one of their friends who have already been involved in gambling so obviously they will be very tempted to see the big wins achieved by others which in turn makes them get involved in gambling without making any previous considerations such as thinking rationally in responding to gambling. As you said, they think that money is easy to make in gambling, when in fact it is nothing more than a lure or temptation from the casino so that gamblers can act more excessively, or simply the casino hides behind the opportunity to win, which is actually the goal and intention of the casino is to take a lot of profit from gamblers who lose due to misunderstanding gambling and too much, and the point is that I think there is little chance for you to experience the bad effects of gambling if from the beginning you are able to think and consider everything rationally.
893  Economy / Gambling discussion / Re: Do you think gambling every day is better? on: March 08, 2024, 04:32:23 PM
I think it is a fact that gambling every day will only lead you to a deeper black hole, or will only worsen the situation and situation in various aspects, it will only make you lose balance in terms of finance because you have to spend a certain amount of money every day to gamble, while in gambling there is absolutely no compulsion for gamblers to get involved. Honestly, I don't care where you get involved or bet, I think it's a fact that in the end you're just going to have a lot of problems.

And also gambling every day will only interfere with important activities in your life such as working or doing other activities such as homework, and also obviously it will be able to affect your mental and psychological discomfort due to losing. But strangely some people say that gambling every day will be able to further increase their chances of winning, however it is a statement and mindset that is too careless or even stupid. We must understand that casinos make gambling to benefit their side which means you can never win against the party that makes and regulates all the games provided, and in fact, you will even become a victim to further benefit the casino due to excessive involvement in a place that has absolutely no certainty that can guarantee victory.
894  Economy / Gambling discussion / Re: Simple mistake that makes you lose everything on: March 08, 2024, 04:12:14 PM
~snip~

If all gamblers knew when to double down and lower the bet, gambling would cease to exist as this business would not make money for their owners. I do not think that you make any mistakes while gambling, as your decision has little effect. Winning is more dependent on the distribution algorithm rather than your actions. In particular, this applies to gambling based on luck.

Exactly, meaning that the casino capitalizes on the hopes, dreams and greed that every gambler has to benefit the casino itself by giving every gambler involved a chance to win which is nothing more than a lure to make the gamblers go overboard and do something that is actually beyond their capabilities. Let's face it, winning in gambling is money and money is everything in life and of course when a gambler doesn't have a proper understanding of what gambling is all about then they will get caught up in a cycle of addiction with a scenario of chasing wins at any cost which is actually a much smaller percentage of wins than losses.

It also confirms some reviews that most gamblers lose more than they win when they overdo the experiment. On the other hand very few casinos end up bankrupt and the majority of them survive and even now many new casinos are popping up and that means gambling activities are really profitable for them by taking advantage of the losers who are too much in hope of winning. Yes I agree with you that there is actually no mistake made by gamblers, because honestly I have experienced when I tried to gamble carelessly without thinking about anything but the result was winning, and this is the reason why gambling is mostly referred to as a for-profit activity.
895  Other / Off-topic / Re: Dont chase your loss on: March 08, 2024, 03:51:48 PM
You're corrected, we gamblers have to consider losing a part of gambling therefore when it happens we shouldn't get defensive and want to win back our money. Our focus should be shifted from our losses and we should focus on the next game that we want to play and try to win it. If we win then we might have recovered the money that we lost but your intentions shouldn't be to revenge your loses but we should be playing to enjoy the game and enjoy ourselves while gambling.

Those individuals that are chasing their losses never makes it from gambling, they'll always be losing or not having profits as the more they gamble in the wrong approach, it's the more that they're losing both their money and there time. Gambling shouldn't be done to look for money but it should be as an entertaining activity and if we make profits, we should consider them to be bonuses and not as an income.

You are absolutely correct
One major reason gamblers chase losses is because they have refused to accept the fact that losing is also part of gambling. We can see the extent of damage this mentality has caused to many gamblers, yet many won't learn from these bad experiences. A gambler who accepts losses as part of gambling will not feel too emotional when he loses, and in his next gambling session he will be objective In his selections. His choices of games to play will not be influenced by greed or quest to recover all he has lost. Many gamblers are guilty of this, we just need to change our mentality about gambling and begin to gamble healthily for our own safety. Dealing with gambling problems can really be exhausting, it is better to play safe than get into any problem.

I usually say that this is a loser's mentality where they always want to win or expect to win but are not ready to accept the fact of losing, and clearly this is a typical irresponsible gambler who will soon enter an addiction phase when the interest in winning becomes higher. . However, as you said, gambling is always about two things, namely winning and losing, so of course losing is part of gambling and you or anyone can never completely avoid this possible risk.

However, gambling is always referred to as a risk-taking activity, and I believe the biggest mistake people make who end up addicted is that they misunderstand what is meant by the chance of winning, maybe they think that winning is easy to get, or even they think that gambling is a place to make money, so when a gambler has the intention to make money, it is clear that when they lose, it will be very difficult for them to accept reality, and of course they will also have difficulty controlling themselves and their emotions, which in the end will take actions out of control which will ultimately make things worse. situations and circumstances. It's true, that healthy gambling is when you are able to change our mentality, such as becoming a responsible gambler who not only wants to win but is also able to accept the fact of losing.
896  Economy / Economics / Re: No petrol/diesel car sales by 2035/ Reality or dream? on: March 08, 2024, 12:32:13 AM
When/If Electric vehicles start to be more expensive to ride, then indeed I could see and resurging into the usage and adoption of gas/diesel engines, however you must keep on mind governments of those developed countries usually pass laws which forbid the new manufacturing of diesel/gas powered vehicles, so in the future those people who wish to ride those again will find important legal difficulties when comes to accessing to those vehicles.
Once, new gas/diesel cars are gone, the old ones will be subjected to more stricter emission controls which will be almost impossible to comply with. It will be a slow but hard push onto forcing people to change to public transportation or buy an EV.

Do you have any idea of how difficult will be to keep an old car polluting at minimum levels?
The plan there is not to outright ban diesel and gas vehicles, because it would be perceived as unconstitutional and authoritarian, so the European Union will do it indirectly.

In my neighborhood there are currently many electric vehicles being used, of course this is good because it reduces environmental pollution. but the problem is that not everyone is rich, not everyone has the money to own one, even now there are still people who don't have diesel-based vehicles, as time goes by everyone will definitely follow developments, but not everyone can fulfill it. I also heard the news that the government will reduce the use of electric vehicles because there are some things that are illegal, I don't remember what they are.

I think electric vehicles will go further in terms of resale value. because it includes sophisticated technology, whereas currently there are many gadgets whose prices are almost the same as diesel-based vehicles. However, in the future I don't mind it, because what I think about is how I can survive, one of which is adapting to the environment or technological developments.
897  Economy / Economics / Re: Save money today so money would save you tomorrow. on: March 08, 2024, 12:12:35 AM
that's right, we don't know what will happen the next day, whether we will get sick or be fired from work, no one can predict what will happen tomorrow. and before that happens it is important for us to be able to have savings which can later be used for emergencies and prevent us from getting into trouble.

even though it is currently quite difficult to save, cutting unnecessary expenses and preventing spending on expensive items, someone should be able to save and it should not be difficult to do.
Well, saving does have many benefits. That's why so many people recommend saving when you're young. However, actually, apart from saving, it would be great if we saved and invested at the same time. However, when we are old, or when we are sick or unable to work, by having business investments, or similar, our income will still continue. Because that is the benefit that is really desired from investment. Therefore, sometimes people put more money into investments than they save. Because with investment, the value of the assets we own can increase over time, while savings will be affected by inflation.

If you are still young you should be able to take advantage of the situation, where we have to be ambitious to achieve financial freedom, by working hard this can be achieved, because no amount of effort betrays the results. by having a job that makes money, we will have money and be able to save for the future, it's just that not everyone thinks about this even though what you say is true, saving has many benefits, such as helping to overcome something that happens suddenly, such as a disaster that can happens at any time without knowing, because no one knows about the disaster.

of course everyone wants financial freedom, therefore they have to do things they should like investing or saving, but some people think saving is bad, because it doesn't make you rich, even though if you think about it, I think saving is a good thing , because with that we can make investments. it is impossible for us to invest with money that suddenly comes in large amounts, of course to be able to invest we have to save first, and here money management is clearly very important.
898  Economy / Economics / Re: Isn't it all about money? on: March 07, 2024, 11:49:12 PM
Money is the ultimate need of every human alive. And you can only gain money if you take some risk or do things in exchange for money. But I always say this,  education is one form of wealth that we can ever have. If you can educate yourself, whether it’s formal or informal, this will create a big edge for you to think logically on the things you are doing.

You can’t just take the risk and invest all your funds without being knowledgeable on your investment. You need to gain the whole concept of that first, and having the capability to understand the concept is an edge, since not all are capable to understand their investment and make it work. There are those who make such huge investments but eventually fail and lose their funds, because they are not knowledgeable and have not gained experience on the kind of investment he entered.

that's true, of course everyone needs money, to be able to make money we have to work or as you said take actions that take risks or do something in exchange for money, but in my opinion taking risky actions leads to negative things such as stealing or robbing and of course things this is not true. Money is an important thing in life because by having money we can of course buy whatever we want, therefore in my opinion there is no one who doesn't need money. It is absolutely impossible that there are people who don't need money.

Of course, there must be knowledge first before investing, because if we just make investments carelessly, it will only result in the money invested being lost, of course with investment there is definitely a profit that we want to get, therefore we should have a good understanding of aspects related to investment. Also pay attention to things that must be prepared before investing, such as reserve funds that must be prepared.
899  Economy / Economics / Re: keep pleasures without incomes aside and Chase after profits on: March 07, 2024, 11:29:45 PM
In my opinion, investment is the most important part whether you are married or single. It is true that no one knows the future, whether it will be a disaster, being fired from work or something else. Saving is important so that we have unexpected reserve money. Must be able to manage money and be able to allocate it correctly for anything. Saving also doesn't have to be in the form of money, for example, to make a business grow. buy land, farm

That's true, investment is quite an important thing. because it can help us in the future. but it depends on us, whether we can do it well or not, because investing is not an easy thing, of course you need good skills and knowledge to be able to understand every aspect involved. it's true what you said. Before making an investment, of course we must have reserve money or an emergency fund, because of course we live in reality, so disasters may occur which may be quite serious and require funds to overcome them. Therefore, if you want to invest, of course you have to think about things that must be prepared first, such as reserve funds.

saving is the initial way to invest, because it is impossible for large amounts of money to come by itself, of course to invest we must have enough money and saving is one way, whether it is saving at the bank or saving by yourself. Money management in life is of course very important, therefore as much as possible you must be able to manage it well, because many people have problems when they have money but they cannot manage it well.

900  Economy / Economics / Re: Saving don't make wealth on: March 07, 2024, 11:09:29 PM
Sincerely the concept of savings has made some persons poor,but many won't realize the fact that saving don't make the difference but investing does.
If you don't save how are you going to invest?  The money you will use to invest will it just come like that and start investing. Their are plans for investing , one of the first plans for investing is planning how to save .one needs to save to get a capital for investing. I believe in saving to invest, this is a method most people can use to meet up their plans with investment. Savings is only wrong when people save money and not having any good plans to invest this is when saving can be consider as a wrong financial plan.

As far as fiat is concerned it depreciate always and leaving it in the bank all in the name of saving is not a good idea. Money is not supposed in the bank for a longtime.  After saving for sometime the money is supposed to be used for investment and this will bring a better value than saving it for a longtime and not having any plans how the money can be used.

I agree with you, after all investments of course have to wait for the right time to be able to make a profit, whereas we live our daily lives where there is a possibility that we could have serious problems that we have to use money to overcome, and if we don't have savings but we have investment, perhaps the investment that is being carried out is one way to overcome the problems that occur. Even though saving can't make you rich because money doesn't grow by itself, that doesn't mean it's a bad thing. I think saving is good. In fact, not everyone can do it well. In my area, every school always provides savings services for students. his students.

I think saving is a must, even though it is saved in the bank, of course there will be deductions every month, where if we keep money in the bank for a long period of time then there will definitely be deductions. If you really want to save for the long term, it's better to save it yourself as long as you have a clear goal in mind. but it all comes down to each individual's choice.
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