For me, that doesn't really make sense because whatever you feel and see around you, young people are the next generation in every country because they are the ones who will replace their retired parents. And if you still see young people who can't do anything in their lives, it's the parents' job to direct them to the right path so that they can be useful in the future like those who have retired. But I really don't understand why you call young people useless in this matter.
I think it's important here to recognize and capitalize on the good strengths of each. Their collaboration and mutual support can lead to a more productive and inclusive society and thus make a valuable contribution also because individual abilities and contributions vary, regardless of age group according to individual capacities. You actually have a point, but let's be real some people already worked more than a decades in the sa job with the same position which might affect the company's performance if they just suddenly change the person's role. But in every year we have new fresh graduates who also have skills and talent that needed for the job so if they couldn't even find a position that suit for their course then it would be a waste. That's why I think retirement age for work is still a must. Maybe ask for help from the retiring people in hiring talented young people that could live up and be better to their past performances. |
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From my experience, it's always included a risk and when I say risk it's literally a super risky thing to do. Because it's prone to illegal activities such as scamming which I have experienced, they might gave you an ID as a proof of legitimation but that is not enough especially if you already have the feeling of doubt to the person. Also crime might be present in this kind of transactions since they could easily harm people when they see them physically or worse given them threat as they saw their identity of the person already. This is what I love in Bitcoin where you could have a transaction anonymously.
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You are right but such a scenario is very uncommon, after all at that point greed takes over those people as they think that if such results can be maintained during the long term then they could make gambling their main occupation, so they gamble again thinking they will get the same results only for things to change and experiment some heavy losses, then instead of simply accepting that their results have gone back to the mean they gamble even more money, and that is how they end up returning all of the money they won to the casinos.
This is the most common mistake when, after a long series of failures, the player tries to increase the amount of the bet and thereby hopes to win back the loss. But this only means that the player turns on emotions, and it is clear that in this case the loss is inevitable and it will be a more significant loss. Even if this time the player is lucky and wins, it will be even worse because he will think that he can win back in this way, and as a result, he will return to this method again and again until he loses all the money. Not only when they lose a lot of funds, but also when they win. They have the mindset of "I won a lot so it would be okay to bet a high amount of money" then after losing that money will lead to that scenario. Hoping that they could win back the money they lose but betting a huge amount of money would just cause them to lose more. Also they have the mindset of "high risk, high reward" but without consistency and limit to themselves cause them to use all of their funds. Always remember that having a winstreak doesn't mean you will not stick to your consistency. |
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Hold on, but if you must buy now be wise to use spare income.
When it comes to investing in bitcoin, always invest with the money you can afford to lose. This is the first rule of any investment. At least for me, I invest only the money which is in my bank, the reason is clear I don't need that money and I don't want my money to be left in the bank. Hey, bro. We still need banks for certain things, like withdrawing cash from ATMs or sending money to our struggling grandparents. Because, you know, there are still many older folks who don't understand how Bitcoin or any other form of non-paper fiat money works. Even having a small balance in the bank is not something to be ashamed of here, as I believe everyone here still uses various banking services that make our daily transactions easier. Investing all your money in the bank is clearly against the rules. You need to have alternative secure reserves. For instance, if you still have some gold in your home safe, that's not a problem. But if you don't have any other storage options apart from investment platforms, it clearly exposes your finances to higher risks. Plus ATM could be used anywhere in case of emergency, for example when you travel across the country and you need cash you could still use your ATM to any machine let's there's a fee for it but it wouldn't hurt for emergency purposes. What you said is actually true when old people doesn't understand the complicated nature of Bitcoin. But when it come to investment it would be better to use your funds in investment where you could control your assets. That's why you couldn't force other people to understand something they don't know we all have different types of convenience to use it's either bank or crypto |
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Para sakin, tama naman lahat ang mga sinabi mo pero yung "live with passion" ay talagang malaking ambag din sa pag-unlad ng isang buhay ng tao. Iba kasi yung feeling ng napipilitan ka lang kaysa sa gusto mo talaga. Hindi mo talaga maibubuhos ang galing mo sa trabahong hindi mo naman gusto, iba kasi yung saya kapag gusto mo ang ginagawa mo.
Kung sakaling nasa ganyang sitwasyon ka, isipin mo muna kung may ibang paglilipatan kang bahay o kung meron na, mas maganda na mag resign na kaagad sa trabaho. Kung mapapansin natin, yung mga successful na mga tao ay napakamasayahin, mas magandang makipagkwentuhan din sa kanila.
Totoo to, kasi pag tagal ng panahon ikaw lang ang madradrain sa ginagawa mo. Kadalasan sa mga gantong situation na alam ko ay nasa mga call center puro talaga drain don plus yung mga workmates mo pa na ang totoxic. Find a job na gusto mo talaga yung tipong di mo siya macoconsider as work kasi na eenjoy mo siya pag ginagawa. Pero if lilipat ka man make sure na sogurado ka sa gusto mo baka kasi gusto mo lang yung isang bagay kasi nauuso yon na work. Tsaka wag ka hahanap ng easy money kung grabe naman epekto sa mental and physical health mo. |
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Financial education is something that we can easily get in the current era of smart phones, we can see or download a lot of financial education for free, this is what makes seminars about financial education difficult to find, different from 10 years ago when there were not many smartphone users, the costs seminars for financial education can be up to $ 1000.
Yes that's actually true, but let's be honest when we start watching something we don't understand it will just make us overwhelmed and cause us to be bored since there's a lot of information we can't comprehend. That's why financial education is still actually good, especially if your teacher or mentor is actually have a good background. Plus we're evolving everyday, there's new techniques and trends that are produced by the changing of the environments. So I guess social media is one of the factor that could enhance those knowledge. But If Iwere to ask by OP, having those knowledge would help you to be millionaire itself that's the truth. |
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Bitcoin's benefits, such as decentralization, security, and the potential for financial sovereignty, continue to attract users despite transaction fees. As more individuals and businesses realize the advantages of Bitcoin and its potential for different use cases, they may be willing to accept fees as a necessary aspect of using the network. Furthermore, the continued evolution of scaling solutions, layer 2 protocols, and advances in technology can help mitigate the impact of high fees. These improvements aim to improve efficiency and reduce transaction costs, ultimately making Bitcoin more accessible and user-friendly.
But most of the people despite of the many benefits of one thing to people, they are always finding some cons to it to make it consider as not bearable to use. It's like they are validating themselves to not encourage the use of Bitcoin since there's also a negative side. That's why people with the mindset of trying new things to explore and not scared to risk something is the one could get successful one day. What you've said is actually true, if one thing doesn't have their own fee they wouldn't even last like in the business. Since we're in the era of having a solutions to problems then of course they are already providing solution to that issue about the fees to make it more convenient to use. |
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In my case, I have also experienced this kind of situation where I got some big amount of money in a young age where I got arrogant to my parents that I have a lot of money. Then they keep saying to buy things that are useful such as motor which is convenient for transportation here in my country. But I didn't listen, so when time pass by my money became less and I realized that money wouldn't be back easily in this industry. In the end i learned my mistake, having some money doesn't mean you could impulsively buy everything instead it would be better to invest it. Maybe I consider it regrets in my life but I wouldn't understand it if I didn't experienced it.
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There are many reasons why people are poor. It is normal to be poor if you are behind in education. There are also many people who, despite having the ability to work, prefer to wander around instead of working to improve. Again, there are many things that people can become rich if they take advantage of these things. On top of all that, it is not uncommon for people who are afraid to take risks to be poor. Reasons include the risk of investing, sitting idly by, and lack of interest in financial assets
Yes, if people are behind in education or do not study, then people can be poor. But if the person whose father has a lot of wealth does not study then he will not be poor because his father has a lot of wealth and with that wealth he can become a very rich person in the future. But nowadays many people are living in poverty despite getting education because they are not able to find any suitable employment after getting education and as a result they remain poor. After learning, many people find employment, but they do not get enough opportunities, as a result of which the money they earn every month from employment goes to spend for their families. This is basically how the human life cycle goes. This is the sad truth, when the person have already a well background plus their wealth it doesn't even affect their status since there's someone that could provide for their needs. I think people still remain poor despite the education they have is just because they lack the resources for them to be rich. Like the connections to the people who really have the potential to make you rich. Imagine you being a skillful person but the agency would prefer the person whose father is the ceo of some company even it doesn't meet the requirements. This is the sad truth in the wworking industry. |
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I remember when I first dived into the world of Bitcoin, it felt like deciphering ancient hieroglyphics. But hey, it's all part of the crypto journey. Soon you'll be dropping terms like 'hash rate' and 'smart contracts' like a pro!
Literally plus the my first impression is there's a lot of numbers that makes me confused. Having no background is like you're a toddler in this industry that's why when you grow up it takes time for you to attain some knowledge. Because you wouldn't master this in just a short time you have to be familiarize and be knowledageable in different things in Bitcoin. But trust me when you understand everything is just easy. |
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Well, not only in the casino but in everything in life, we must be patient and know how to wait, in the case of casinos we sometimes don't get impatient and we want to make a profit right away , but things are not like that, from the All that remains is fatigue, for this reason it is always good to have a lot of restraint when making any bet , or if you are in a game of dice or whatever, you should also think to see what it turns out for you, but playing for the sake of playing because there is no patience can lead us directly to Failure and that is what should be Avoided at all costs.
We can actually practice our patience in our everyday routine, it will mold us and help us everytime. If you want to have a longer patience then do it in smallest way and then it later on you will see you will have a patience, it also comes along with discipline so those two are the right things to be develop when gambling so that we will no longer have an issue regarding our temper and when we are losing. Unfortunately people do not want to do this, the culture right now is always pushing people to try new things and if they do not do it then they are too set on their ways and claims are made about eventually people like them being left behind, a ridiculous notion I know but this is the way our culture works now, so patience is no longer cultivated as a virtue, which in part explains why we see the newbies coming to this market with no intention to hold their coins, and wanting to become millionaires in a very short amount of time and other similar things like that. Because if they practice patience most gamblers wouldn't find gambling fun since there's no already thrill as they already need to analyze and have a wise decision making. If you think about it those who have practiced their patience most probably became a pro gambler already which took them a long time before they reach that stage. That's why most newbies gambler are having a impulsive decisions when it comes to gambling like "fk it let's all in". If you compare it to the crypto industry then it wouldn't work to gambling your funds without knowledge and patience itself. |
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Bitcoin is awesome for holding onto your money because there's only a limited amount, it's not controlled by any one authority, and lots of people recognize and use it. Yeah, the fees for transactions might be higher than some other cryptocurrencies, but Bitcoin is tough and has long-lasting value, which makes it a great option for protecting your wealth. Deciding whether to use Bitcoin or other cryptos for payments depends on your own situation, but Bitcoin's special features make it a pretty cool way to store your value in the crypto world.
Plus you can use Bitcoin without revealing your identity as you will do some working without be exposed in the public. It's volatility also has a big impact to the market and to the users as they took advantage for it and some without knowledge of course might lose a lot from it's volatility. But if you're just planning to save some funds then I think Bitcoin is not a good choice since it's value changes from time to time. But investing for a long time investment in Bitcoin is actually good. |
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It warms my ticker seeing the younger generation getting into the game. Remember, knowledge is the greatest power in this vast digital sea, and teaching her the basics is only the tip of the iceberg.
Yes that's true, but it's just little disappointing when they are eager to learn the beginning since I told them I earn money from crypto so they ask me to teach them. That was in 2020 where online is active since people are not allowed to go outside so there's a community about crypto games and they all know about the basics since they have manager that gives them their cut when they met the quota. When they joined my lobby they asked how they could earn without grinding? Told them you could also call it grinding since you still need to think of your actions in this industry. After I told them some information they just gave up and last words are "too complicated, thanks" so yeah but I didn't force them since it's still up to them. |
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How to save savings in inflation, there are many deposits provided by the bank, but banks often go bankrupt, does it make sense to buy gold? How is gold bought in a bank and interest is issued on it?
Gold will give you in a very short while what money in the bank will never give you even after 15years of depositing your money with them, the bank would rather take from you in the name of charging you for unnecessary activities Gold is actually a good long term investment so if you're planning to save money then it would be better in gold than bank. Not only the bank would benefit from you but also you've gained nothing as you just stored your money. I think it would be better to invest by just buying not on the bank to avoid many fees and transactions which is hassle. |
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it could be, if you are reckless maybe you will succeed but it can also fail, now this failure is what many people make loans as bitcoin investments prohibited. because it will disrupt emotional stability in decisions so that when it fails there is a lot of stress due to loss of assets and getting into debt. the best thing is to keep using free money in investing because that way we are never afraid to lose or even be grateful if we make a profit.
Not only the emotional stability but also your mental state because it's connected it's like a chain that it could also affect the physical health of one person when in case they be in debt. Never ever put at stake the money the you cannot afford to lose in a risky situation since it's volatile. So when you lose some funds and too stressed to think about it, you might forget to eat due to stress, not having enough sleep and etc. With these effect already saying the possible effect when you use loan for investing in Bitcoin. |
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That's actually a wholesome moment with your sister as you guide her to more opportunities. But Bitcoin is literally open to everyone, is just depends on the person if they really spend their time to learn and study about Bitcoin since it's complicated. I met some woman in the community which talks about cryptocurrency and she literally know how to take advantage of everything in this industry which is amazing. You could teach her step by step no need to rush, some people took years before even trying to invest. Until now everyday people are still learning since the world is changing too fast.
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Actually borrowing is not a bad thing people are usually victims of circumstances, there are many times when the situation has to take after it is not a shame but you have to stay within your limits. Must be able to take and pay back on time but it will not be right to do it all the time. We borrow money from each other for various needs in our life. But if this money loan becomes a habit then there is a doubt that we may not be successful in our life. When you buy something with your own money and buy it by borrowing money from above, the joy of the two will never be the same and there will be pressure on the head when to pay it back.
Is it not actually a bad thing, it exist so incase of emergency we could use some help by borrowing money and just to make sure that you could pay it so you wouldn't be in debt. The thing is having a loan is not advisable in investing or trading since there's always a risk involved in this industry. It's like you're having a gamble with the money that you borrowed. Plus always note that if you're having a loan always think ahead if you could pay it in the future and if you could budget the money you have. |
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Snip~
Buy low, sell high; you people are missing the point. Bitcoin doesn't come out of the sky, nor is it that easy for someone to get started. I've been here for quite a few years, and I'm far from becoming rich or wealthy. Bitcoin requires capital, and the OP is mentioning that his friend is unemployed. As a result, he doesn't have any kind of income flowing in and relies on his savings. Thus, it'd be reckless to claim that Bitcoin could assist him in this case—perhaps after he finds a job, but currently definitely not. Bitcoin's volatility isn't helping in this case because it could lead to a loss of funds, which the OP's friend is actively using due to his situation.
Doing trading should not be their only option at this stage, as I said it's very convenient to do as part time job with little physical effort so at the situation of nothing to lose I can suggest it but becoming successful with it depends on every individuals skill levels. I have been in that situation and I did trading as one of my job at the time of recovery that is why I suggested it. Maybe I am calm and focused about financial goals with some luck factor too but it depends anyway. That's actually commendable for you, since people would love to be spoonfed in everything like informations, techniques especially the easy money. They didn't even exert effort for them to improved their financial status. In crypto it's not really recommended to invest or trade if you don't have a money sources like salary or earnings. Because there's always risk present in this industry it would be a bad decision to put at stake the savings that you might be needing soon. If you think you could handle work plus crypto that's much better. |
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Technology improves people's standard of living and hence should be welcomed. Recently some people may have temporary difficulties because Chat GPT is approaching something that was never imagined. Because of that, there will definitely be difficulties in some workplaces. This matter has already been widely discussed in various media of the world. Many people are going to lose their jobs. But there is another point that is emphasized that this risk is more for those who perform online based tasks because Chap GT is able to do any simple task in a short time. So with the development of technology, people have no choice but to keep up-to-date quickly.
I think it depends on the technology because there are also some who only destroy the peoples lives. It also depends on the people. As long as they use the Technology properly and have limitations, they will only attain the benefits and not the disadvantages. I don't know what happens to Chatgpt on why some are having a difficulty. This is only just a software and people can just ignore it if it is making their lives miserable. If it's about losing a job, I don't think workers will allow this shit to take over. Given that there are risks when using a Chatgpt, business owners aren't likely considering this as a replacement to the human workers. If this affects their company, that will be a big problem instead of being practical. Exactly, companies wouldn't risk their reputation by just using AI as their tool to their work. Its actually not a good idea especially when it got leaked that some companies are relying into AI instead of doing some research which is more accurate. Some people think it could replace the workers but it won't since it's just a convenient tool made for us, but in our history there's a lot of job that has been overtaken by the technology already but so far in this new introduced AI it wouldn't be a threat. Companies still need a brain where it could do tasks that AI couldn't do like emailing. |
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If you don't teach properly, other's will impose their ways and thoughts in a thousand different manners and those probably won't be positive or good hearted, I don't see why anyone wouldn't teach their kids how crypto works.
Maybe you could teach them the basics so they could have a background when Bitcoin was mentioned to them. If people might impose their ways then just simply tell them that "your dad is doing crypto you could ask me about it" because for sure they would be curious as others are teaching them something they don't know. Thing about forcing them to learn is that they couldn't even absorbed yet those complicated knowledge which is not suitable for their age. This industry always involve risk and wise decision making or analysis so it would be a headache for them and might causes pressure for them. Let them have fun for their age, once they grow up enough to learn this then you could teach them. |
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