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941  Economy / Trading Discussion / Re: Earning online more preferable than offline? on: June 29, 2023, 09:36:11 AM
Earning money online is far superior to working at a physical establishment during the day. Although offline is highly appreciated and difficult. Trading is a great approach to find your true self. It will put everything to the test, including your greed, emotions, patience, discipline, how you handle failure, control, common sense, and resolve. I strongly advise anyone who is going through a terrible time in their life to learn to trade since it provides them a clear sense of purpose other than waiting for jobs. So, which is better, online or offline?
Online earning is not only crypto trading, but by online earning we can understand another field which is e-commerce site. If we talk about Jeff Bezos, he is the third richest person in the world. And he is the owner of Amazon. Today's age is digital age to survive in this age you have to be connected online on all platforms only then you can enter the global market it can be your personal skills like or it can be also your business. So to be successful you must be connected online.

well, youtube, and blogger are also examples of very high-paying online jobs that exist today. however, the potential for online and offline is still very large, it's just that it all depends on how we use it. very many wealthy businessmen from both fields. even though we have a different perspective between which income is greater, both are still jobs with potential that may be the same. In addition, instead of choosing one of them, try to combine the two. this will probably make your target income achieved. for example Jeff Bezos, he also has an offline company and is engaged in online. However, a wise businessman will utilize existing land to expand his business.

Those influencers are earning big, and anyone has a chance to get famous and earn that huge money because it is free to start your own channel, but again, it is not as easy as we think, but again, the chance that we have is really great, unlike if we are talking about talents or skills, which we can learn but it takes time. Both online and offline require those skills; it is just best if your skills can do both, like technological skills, which you can do offline as well as online for a better income.
942  Economy / Economics / Re: Is poverty a lack of money? on: June 29, 2023, 07:32:21 AM
In some part of the world poverty is linked with the money. This is why lack of money is mentioned as poverty. For example one who wasn't able to make atleast $30 is poverty. Some state the person who doesn't get the proper nutrients and doesn't have three meals a day are in poverty. Through different data, poverty will be mentioned. Even the ongoing inflation around the world push people into poverty. These news won't come out much, because the governments will be dethroned. It is the government's responsibility to give its citizens the security of living. This means unlike the changing scenario around the world the people should continue to live at their comfort.
Poverty cannot be eliminated completely and can only be brought down but that is not an easy task either,
poverty is a structural problem and the government does need to make the right policy,
What is clear is that poverty is not just about a lack of money.

Poverty can also be referred to as a community. Let's say there are not enough facilities like hospitals, fire stations, or businesses in the area that meet the basic needs of the people. Aside from money, if you don't have clean water resources and are lacking in food, it is also poverty. There are communities that are only relying on their crops and water, and they are not into money unless they go to the cities, but for their day-to-day needs, they grow their own food.
943  Economy / Gambling discussion / Re: Easy or hard to quit? on: June 29, 2023, 04:42:24 AM
Gambling for fun was fine as long as he could control himself and stop in time. But what happens a lot is when people have had the pleasure of playing gambling, they will forget to stop and just keep gambling in search of victory. But some people use their income for other things outside of gambling so they won't feel like losing money at the gambling table. Whatever a person chooses must be based on what he finds fun. So if someone can get out of gambling easily, it means he can think of gambling as entertainment, not as a place to make money.
True, that is an important point in making gambling as entertainment, when they are become a gambler, they are playing just to for fun. Those who have reached this level will no longer make gambling a place to make money. But to use the money only as entertainment. When they can make gambling a place to seek pleasure, then gamblers will be able to play without prioritizing emotions, both when they lose or win. best practice when we only focus on winning, we should stop gambling, because this mindset can reduce the financial burden.
However, we should be able to use gambling as entertainment and not to make money. How hard we try to make money from gambling will not be easy because we must think about luck, which cannot always come when playing gambling. That is why we must control our emotions so we are not provoked to continue gambling and know when to stop. If we can do that, we can get in and out of gambling whenever we want. And even though there are promos that look attractive, we can refrain from continuing to gamble.

It should always be our mindset , we gamble for a reason so if we could eliminate it then that is a good sign that we are starting to not play anymore, though the problem is that life we already built a habit on it meaning we keep doing it or finding it , that is why we should always train our selves not stop it   and try to keep your self busy on other things so that you will not gamble , as mostly for sure if you got bored that is the time you are thinking to gamble so keeping busy ourselves can prevent it also.
944  Economy / Economics / Re: less risk or big profit? on: June 29, 2023, 03:31:39 AM
Real Estate has a proven track record of being a reliable way to build wealth over time, cryptocurrency is a high volatile asset that comes with a high risk. It’s true that some wealthy individuals have made significant profits from investing in cryptocurrency, but it’s important to remember that this is not a guaranteed income. Cryptocurrency prices can be highly volatile and investing in this asset class comes with a high degree of risk. Real estate can offer stable cash flow. As for me i would invest in both real estate and crypto currency because both have a good returns.

Even though there are a lot of people that are into real estate, there is still plenty of room, and what's best about real estate is that if someone rented your property, it would now be passive income. On the cryptocurrency side, you really don't need to go outside to gain profit, and there is a possibility that you could get rich in one coin because it is very volatile and it is very fast, unlike in real estate, where it takes years before you get your ROI.
945  Economy / Economics / Re: Landed properties is the best investment on: June 29, 2023, 02:31:24 AM
Landed properties can be a good investment. Configuring of which is the best investment would depends on your personal financial goals and circumstances. Investing in landed properties is potential for a long term appreciation in value. With a land you can generate rental income from owning a landed property which can provide a steady passive income. But of course landed properties comes also with some risks and challenges like it requires ongoing maintenance which can be costly and time consuming.

This depends because in renting only land, unless there are buildings or houses there, it will need maintenance, but it is still profitable because you are earning passively. There are also others renting your land for farmers to plant crops, which is really the passive one as you aren't doing anything except paying tax on it because the farmer is the one taking care of your land. Land property is really great for passive income, as long as there are people who want to rent it.
946  Bitcoin / Bitcoin Discussion / Re: A hilarious video that shows so many persons ignorance about bitcoin on: June 29, 2023, 01:39:47 AM
It's just that those people really haven't heard of Bitcoin. The video is really coming from Nigeria, and I just thought that most of them heard it, but again, not all because others haven't stumbled on Bitcoin because they are just into the internet and social media but still haven't found it online. For sure, in the next ATH, Bitcoin will really get trending again in Social media, and probably that is where they will discover it.
947  Economy / Economics / Re: How to increase profit in business on: June 28, 2023, 04:26:19 PM
One good thing about discount is that if it turns out positive the seller makes more profit due to high turnover. Business relationship preserves businesses, no business survive without business relationship. Customers satisfaction and excitement can trigger high recommendation and patronage from customers far and near. Another big business boaster is punctuality and consistency because many business persons with good customer relationship have lost their customers due to inconsistency and lateness, some customers don't tolerate lateness and won't mind looking for new vendors when the get disappointed.

Customers really like discounts, but there are others abusing them, mostly coupons. Others are getting tons of coupons or exploiting their rules in coupons to get discounts, but overall, you can really save from them. I noticed this only happens when there are events and also if the food is near expiration, which is still a good deal and can make the business not lose money as it will be wasted if not sold.
948  Economy / Trading Discussion / Re: The green shouldn't always be the reason to enter the market on: June 28, 2023, 02:47:26 PM
Know that the best time to buy is when the price is low and the best time to sell is when prices are obviously high. So if you enter while the market is red, that is actually a perfect market entry and take advantage of buying everything that are low prices, but of course reserve a bigger allocation for bitcoin. Bitcoin is still the best profitable crypto investment so far. However, when the market is green, that’s perfect time to sell after you have maximize your crypto accumulation when the market was still red.

It's Warren buffet saying that "buy when everyone fears to buy and sell when everyone greedy to buy". Having said that we do opposite of this i.e. we buy when market is up and sell in loss when market is red. To me the best and only time to enter market is when bitcoin and market is down. Like if you want to buy bitcoin then best time was when it has gone down to 16 to 18k. You can sell whenever you see your target price but for that entry point is vital.

It seems easy to say, but it is difficult to timing your entries with this, but the point of this is really true because that is really the concept of the market, where if there are a ton who are selling their Bitcoin because of the panic from the news, that is where the price is cheapest, meaning you can buy it, and also the same with the opposite, but again, this is not the basis for the entries as you really need still knowledge to predict your bias so that we can earn profit and not a loss.
949  Economy / Trading Discussion / Re: Can Bitcoin trading be my sole source of income? on: June 28, 2023, 01:33:36 PM
As a young person, I am overwhelmed by my curiosity in trading Bitcoin, but I'm not sure if it is appropriate for me to resign my white collar work and return to trading exclusively Bitcoin.

This was a conversation a buddy of mine and I had yesterday, and I felt compelled to bring it to this illustrious platform for the best types of advice and counsel.

Is it safe for a Bitcoin trader to quit their jobs and focus solely on Bitcoin trading if they can devote their time and attention to maximize the benefits in the Bitcoin world?

Focusing on Bitcoin trading can indeed be profitable, but it depends on market conditions, and the best option that can minimize the risk of loss is to prioritize trading in the long term
If you decide to leave the main job that you currently have, I think it's an incorrect decision and very risky, because relying on day trading on Bitcoin is quite difficult to be able to make a profit

The stability in trading compared to your stable job is very different because in trading there are really times that you are in loss, unlike in your job, which is a stable one. That is why others are making trading their side hustle because they can do both: go to work and trade after work. Though there are really professionals that are quitting their jobs, they have already established a profit, which means they have recorded that in the past few years they have been in profit even though the market is very bad.
950  Economy / Economics / Re: Should I Use Emergency funds or Sell my Assets ? on: June 28, 2023, 12:01:09 PM
This really depends on the purpose of your emergency funds; if that funds is sole purpose is for emergencies like what you are experiencing now, then that is the best choice than selling your assets (I'm expecting this to be crypto, properties, gold, or jewelry), because for sure in the future you'll need your assets. Even if I'm in your position, I'm going to use my emergency funds, as that is the purpose I saved for, unless its purpose is more important than the struggle that you are facing right now.
951  Economy / Economics / Re: How billionaires are really affecting the economy. on: June 28, 2023, 09:53:22 AM
So it is really true that those billionaires are paying less taxes, which is very unfair to all of us, as for sure those business or small business owners are paying the right tax, but are those billionaires able to pay less because they are more knowledgeable in taxes? I really don't know how they do it, but it is not good if the government is not doing something on this, like having a law about taxing billionaires. What i am just aware of is that those billionaires have a big impact on carbon emissions as they have more vehicles, mostly bigger ones like a private jet, that contribute a lot of carbon emissions that are not good for us or the earth.
952  Economy / Gambling discussion / Re: Why People Still Gamble? on: June 28, 2023, 07:50:13 AM

As for me I think the parents owe the children nothing to explain to them as long as they never let the vacuum of their responsibilities in training the children remain void, when your children never have access to gambling or where they do such then you owe them no explanation, parents have their own part they play from their children way of upbringings, they must not engage doing things that we will not be aware of which may affect them in life the wrong way.
Parenting comes with a lot of work and educating the child on the danger of some action goes a long way to saving the child in the future when they are no longer with their parents, and it doesn't necessarily need that the child is exposed to it before you give them the awareness on the dangers available in the society and how to handle them.
I use my personal experience to check this thing, when I was young, my parents use to tell me real-life stories and sometimes we had both the good the bad and the ugly so those lessons thought us how to handle some in our real life.
Gambling lessons should be thought to young kids so that that knowledge will help to guide their actions when they grow up.

Parenting is really one of the best ways to give awareness to the child so that they will not get exposed to gambling activities at an early age, which lead to addiction and doing bad things. But not all parents are like that; others are too busy with work, and others can't guide their child well, which for sure would be the fault of parents. That is why we should give time to our children, tell them what is good and bad, so that they are aware of it, and keep an eye on them.
953  Economy / Gambling discussion / Re: I am only trying to stay safe by gambling less on: June 28, 2023, 04:55:56 AM
If you are not aiming for a quick way to earn, I mean if you don't have that wrong impressions into gambling.

Using the amount that you are willing to let go, sparing it for the sake of entertainment is something that wise gambler
is really capable, they can calculate and they can execute that kind of engagement without any fear of exceeding and
losing a lot of money, with the kind of setup addiction is also being catered, not allowing too much engagements and
exposure to gambling.
It is true.
Sports gamblers are the ones who are not mostly prone to gambling addiction because they are just logging in whenever an event will happen with their favorite sports. And, a human being can only handle less amount of sports to be more knowledgeable about it.
I love boxing, MMA, and basketball only, and adding more might get me confused about which sport a player/fighter will be. Sometimes I even mix MMA with boxing because of the entertainment that is happening right now mostly with Jake Paul challenging MMA fighters.
I tend to just wait for big events to come and in NBA the season ends so there's a long rest that will come after. I just play casino games when I feel bored but I don't really soak into it, just an hour of playing Keno or Crash, I already have a sored eye.  Grin

I think those who believe they are near the addiction, they should just try to focus on sports betting instead, the fun is still there because of the thrill that will be added by betting for the favorite team.

This has a point. I rarely hear that someone is addicted in sports gambling. Most of the time, players get too much caught up with luck based games. Since luck based games such as slots and roulettes are not that complicated, it's much easier to access and play whenever and wherever. There's no need for an event to come up just to be able to play and bet. Unlike in sports betting wherein the gamblers have to wait a specific time frame in which the sports match will commence before they can make a bet. And with this being said, it's not going to be an everyday scenario for them which just basically puts them into lesser probability of getting addicted to gambling.

This depends on the gambler because, let's say, the gambler is fond of all sports, so he would possibly bet on all of them because there are everyday sports events or tournaments happening, so he can still get addicted. The same is true with e-sports, where there are everyday somewhat big events, celebrity match-ups, and local tournaments. As long as betting is involved, no matter if it is skill-based or luck-based, you can get addicted to it, and there is no exception.
954  Economy / Trading Discussion / Re: Investing and trading in crypto: can make you or mar you. on: June 28, 2023, 03:56:15 AM
Although those are memes, created for fun but also indicates how important it is to choice potential coins before investment or situation would be same as meme cause choosing and investing money with random altcoins, is not proper way to take entry in crypto market. It is important to learn, analysis and then investment. Although people make mistakes, sometimes big mistakes, sometimes analysis gies wrong  but it Doesn't mean crypto is scam. There are a lots of people who make huge from crypto
This can be true about what op had explained but it does not apply to everybody because it is very certain that some persons would lose as an investor maybe due to inexperience or lack of information that can help them get to where they need to be. Cryptocurrency trading or investment is very risky for those who might not understand what it means and entrails. Fro us to keep making money in cryptocurrency, we need to keep learning new things so that the information we have will not be outdated due to new trending that is coming up every season.
Both investors and traders are required to keep abreast of developments,
we can see for ourselves that the crypto market is constantly moving and if we fall behind it will be difficult for us to make a decision,
lack of experience also affects which sometimes people forget about it.

That is why you should keep reading the news every day, and if there are new coins or new developments in crypto, you should be up to date with them because you'll fall behind easily as the crypto right now is very far from 5 years ago, so if you just stayed where you are, you can't follow it easily. When it comes to experience, this will follow you once you have knowledge, as you are now more confident with your knowledge to invest or do trading. It is not required at first, but in the long run, it is very helpful because you can now say that this is a scam, or in your trade, you can easily say that this happened before, so the bias on this is uptrend or downtrend.
955  Economy / Trading Discussion / Re: Luck is what you need in gambling but you have to get to work with trading on: June 28, 2023, 02:39:51 AM
Any trader that gambles on the trading will keep gambling on it until he learns how to use the non gambling features of trading.
That trader should have just gambled instead of gambling but, if he insists and continues doing that. It's for sure that he'll learn that he shouldn't be doing that.

And instead, the lessons that he'll learn will be there but it's gonna be quite expensive because if his approach is just like he's gambling, that's a terrible idea and should have just gone to casino instead of trading platforms.

For sure, the mindset of the trader is only gambling, and he just thinks that the strategy in gambling is the same as in trading, which we know could lead to big losses. Also, if that is his mindset, for sure he will learn a valuable lesson (if he reflects on those mistakes), as it may work at his first trade, but for the next trade, for sure, it is against the trader. But right now, most of the traders are aware that trading is not like gambling unless they are super lucky and win their entries, but most of them are developing their own strategy for their trades.
956  Economy / Economics / Re: What roles does the poor play in the Economy? on: June 28, 2023, 01:58:19 AM
I personally think poor people are always paying the biggest bill/cost in economic crisis. Their main role is to join labor, work hard, make economy better, but in return get very low return. Its sad for them. But this is how market economy works. There should be majority working class people so rich can live better lives. I am not leftist in this but I feel like laborers should at least have more opportunities to reach higher ranks/classes in society.
I think thats just the balance of nature and its always there because everyone should and would not be rich no matter how the government and economy strives, there are still going to be some class of folk that will always live under the average way of living in every economy and these sets of people are the ones that do the dirties for the nations economy.

It is really always there, and the government is mostly focusing on and in a loop of helping poor people by providing food and money for them to survive, but still, it is not the solution, as others said, as it will make them more lazy on that method. That is why others prefer to give them jobs rather than giving them money, as they will always come back to ask. But again, there are really classifications, as those on lower classifications like us will be the manpower for the world.
957  Economy / Economics / Re: Getting an MBA before starting a company or directly starting a company? on: June 27, 2023, 04:19:08 PM
You can start a business without having any degree at all, because your success will always depend on your hard work and perseverance and not with your education especially in real life. You can have your business first and focus on that, it you already master it and really want to pursue a higher education then that is the best time for you to have it. Experience is still teaches a great lesson, so I’ll prefer this first.
The straightest path is always the fastest when it comes to reaching our goals, a MBA may seem to make sense on the minds of many people, but there are simply too many things that you cannot learn by reading books, at some point you need to get up from the couch and begin to take action, so anyone that wants to start a business needs to stop giving excuses and simply do it, as even if they fail they will learn valuable lessons which will help them the next time they actually try to reach their goals.

Learn by experience because that is the best teacher for us; we learn from our mistakes, which teach us not to do it again. Even for myself, I do prefer starting a company and learning along the way, but for sure, it will cross my path to get an MBA when the company really needs to upskill because you need to learn more, but if you are just starting out, it would be best if you started the business rather than going to school, which takes more years, and you have knowledge on it, but that doesn't mean you can run your company well now.
958  Economy / Gambling discussion / Re: Top Five Reasons Sports Bettors Are Attracted to eSports on: June 27, 2023, 01:56:14 PM
Overall, it is about the people who can easily learn to play those games, meaning they can relate to them. Unlike, let's say, basketball, not all of us are playing basketball and having fun on it, unlike NBA 2K, for sure, a lot of people really want it, mostly to bet on, and this audience on this is mostly those in Gen Z that are really into games and technology. It is really about what they can relate to and what they can play on. Even for myself, I want to bet on those e-sports tournaments rather than the traditional ones because I find them more enjoyable than the physical games. But this depends on the person, as others want those physical ones and others want those computer games.
959  Economy / Economics / Re: Food Crisis - Improved, Worsen or still the same in your country (No Change)? on: June 27, 2023, 12:11:12 PM
I see that at this time, many farmers are no longer interested in agriculture because of the bad benefits as well as the difficulties in farming because climate change is increasingly destroying the environment. In addition, after the pandemic and the tense war situation between Russia and Ukraine, the inflation and food shortage became serious. I think that governments of all countries need to act strongly and come up with effective solutions in this situation, otherwise this will be a bad scenario no different from a pandemic disaster.
Indeed, already now we really see how quickly the climate on our planet is changing and the reason for this is the reckless predatory activity of man. The process has already been launched and to stop it, it will take the colossal work of all states and inhabitants of the planet. And since humanity has never been able to negotiate even in the face of a deadly threat, this process will only get worse.
In a period of dramatic climate change, large losses are inevitable, and it takes a long time to restore balance. Therefore, in my opinion, the food crisis will only grow in the near future.

and people are now more focus on finding earth like planet so that people can go there incase something happened on earth so it means that there are only few mostly NGOs are fighting this stuff to put on halt or somewhat try to recover what we humans done on our mother earth. As the population grows, the food supply is getting shorter, meaning that in the near future we will be short on food, and at that time only wealthy people can afford to eat.
960  Economy / Gambling discussion / Re: Gender in Gambling [differences between Women and Men in Gambling] on: June 27, 2023, 11:20:23 AM
Honestly, I think this research/study is a bit biased and I believe it's based on prejudices more than being based on facts and correct numbers.
Imo, there is no difference between men and women when it comes to gambling and how much each gender is willing to take risks. In fact I believe women are more risk takers than men and there are many examples in history that can confirm this. Just my two cents, though.
I really believe that the mindset of women and men is very different when gambling, usually women prioritize feelings in any case when compared to men, men rarely use feelings in gambling, logic is preferred, so I quite support this research
but how come they are going to area of gambling is what important here ,  Men usually gamble for fun and sometimes even just to risk but a Women  into gambling ? are mostly for money because of their family that relying in their hands to have food for their mouth .
it is rarely to see or find a women gambler that will only bet and risk just to have fun because they uses heart in everything they are entering.
though i  am not calling everyone but at least majority of them are?

In gambling, there is no need for the heart if the basis of what you think to win is that you might get lucky. We also know that most of them are just taking a chance to win the prize in a casino, let's not be fooled here.
It's rare that people gamble just for fun or to pass the time, usually most people really hope that they might get lucky gambling in a casino. Especially for women who gamble, we often don't know their reason why they actually gamble.

Their reason is also the same with men, as they gamble to hope to win or have fun and pass time. Gambling is not gender selective; it is just that most men are interested in gambling, unlike women, because they tend to always think that they just lose their money there and it is not good to gamble as they can't get something. But those who gamble are women, for sure, and they want to win big and have fun. But because of the norm today that seeing a woman in gambling is a rare scenario, most men think badly of that woman.
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