|
First of all, congratulations. I'm glad that the forum was able to give help. It is nice to know that there are people whose lives were actually changed due to the opportunities found in here by campaigns as well as posts that are full of information that are backed by well-researched facts and data.
However, as much as I am happy of this achievement you were able to get, I hope you don't full rely on this in terms of your financial needs. Having a different and more stable source of income is still better while having the things you are doing here in the forum as a side hustle. I hope you don't give up in finding a good paying job while you continue with your activities here in the forum, because it is certainly possible to do both. Personally, that is what I am doing and I can confidently say that I am doing much better now compared to when I only have one.
|
|
|
|
COVID-19 is not a big factor anymore, in my country there are no restrictions in place
because of it, with the current strain the effects are similar to that of influenza so its not
affecting any markets including Bitcoin.
As regards the Bitcoin markets, September has rarely been a good month, it has primarily
been a "Red" month rather than "Green". Contrary to some peoples belief the Bitcoin markets
cannot and wont continue to rise, it just doesnt happen, there will always be massive rises
followed by corrections.
Its much better to have a long term outlook!
I agree with you. Even in the country I live in, the effects of COVID-19 are barely being disucussed anymore and it is felt and seen how everyone is already moving forward, including the national market. Hence, it is safe to state that what occured during the COVID-19 pandemic has long been acknowledged for it to have much effect on the market as well as Bitcoin. Additionally, it is true that September has not been a good month for Bitcoin market but that doesn't mean that it will continue to be like that, as we all know Bitcoin is volative and goes through periods like this, soon enough there is going to be a rise followed by corrections and then cycle with continue. The effects of COVID-19 is the least of our worries as per what is happening to the market, there are certainly other factors to watch out for. |
|
|
|
|
OP is obviously contradicting their own statements. Besides, if you are rich then you are rich, it doesn't matter if it's fiat or crypto, at the end of the day you have the capacity to buy your needs and wants while at the same time still have that financial stableness until the future. Honestly, I have no idea why we are even putting financial discussion and marriage in the same topic with this context. At the end of the day, if you are rich the choice of being married or not will still fall in your own hands. Moreover, why will you even care about what other people will say on whether or not you should married, unless they are contributing something vital to your life then the choice will always be yours, besides it's not like you'll die or get poor if you decide not to marry.
I honestly don't see the point of this post.
|
|
|
|
I totally agree with the idea that a mix of education and hands-on experience is the way to go in the financial world. My journey started with some online courses like those from Governance Consulting, and I also learned the ropes when I started investing and tracking the market myself. It's all about finding what works best for you! This is true. One thing may not work for the other while it works for you, and that's how it normally goes. As for the mix of education and experience I 100% agree with you. Even by just simply applying for a corporate position, they will look at back your educational background and work experience to determine how good of a choice you are compared to other applicants. Personally, the education here in the country I like in lacks focus and attention towards general financial knowledge, students here graduates with a bachelor's degree without having any idea how taxation works. Hence, we mostly rely on experience we will get as we go on our career paths, however no matter how much this has been working for us, it cannot be denied that things would have been easier if we could have gotten at least the basics in terms of knowledge in finance. |
|
|
|
~snip~
Raising your standard of living is really that something like a suicide specially if your income source isnt really that something that could be able to compensate such changes and this is something that you do really need to look on before making out such step but we know that common human being mistake or errors is that on the time that they do earn more than on what they do earn in the past then they would automatically be changing up their standards without even trying out to realize that it cant really be able to sustain. Why i would say so? I have made out that kind of mistake which i did really regret after wards on which i did really make out that hard lesson learned on the time that i had devastated my financial situation and goodness i do able to resolve it out on the time that i did make out some adjustments and this is something that you would really be needing to do so. Dont spend into those things which arent really that useful or relevant. Somewhat its not really that bad on buying up your wants or something like this but of course it would really be on that controlled manner. Everything which is excess and not necessary would really be just that a complete waste and something it isnt really that recommended on doing so specially if your funds arent really that big or something that could sustain where youre spending is more than on what you do earn. You would go overdropped. The temptation to upgrade our lifestyles when we earn more is pretty common, and many fall into this trap. It's crucial, just like you said, to assess whether the increase in income is sustainable before making such decisions. If the new income source isn't steady, it's a serious risk to adjust our spending upwards Unexpected financial hurdles can pop up at any time. It's always a sound plan to save more when we earn more, rather than increasing our expenses. Allocating funds for emergencies, future plans, and investments should take precedence. It's also vital to differentiate between wants and needs. Buying non-essential items should be a controlled action, not a regular habit. Prioritizing financial stability and security will lay a solid foundation for a comfortable future, preventing the distress of financial instability. Your insight is valuable and serves as a prudent reminder for many I agree with you. In most cases, when an individual's income gets a significat raise they tend to adjust their spendings as well. Humans are greedy and will never be satisfied, once they get something good they adjust their needs as well. The problem with this is we will never get the stability we want if we continue being like this. To make it simple, say if we continue adjusting our spendings with how much the raise of our income goes, it will never look and feel that we are getting more cause we are spending just the same. If I am earning 100$ a day and I am spending 50$ a day then I will only save 50$, then if I get a raise and my daily earnings goes to 150$ and I adjust my spending to 100$ because of that raise, in the end I will only be able to save the same amount as before. |
|
|
|
How do you think these developed nations will fill vacancies in their nations and get cheap labor if the population of these developing nations is reduced?
Even the most populated countries like China, India, and others have already developed, and they are still creating other things that will make their citizens enjoy their way of leaving. To me, overpopulation cannot affect the development of a country if the government in such a country is doing well, but in a situation where the government is corrupt, they don’t care about their citizens. You can see that even if there are resources available, they don’t care to make use of these resources in such a way that they create job opportunities for the citizens, and I believe job opportunities are one of the ways that we can say a country is developing when everybody is working. And that is what the Chinese government is still doing. With their very large population, are we going to say they did not develop? Nah, mate, so if a government uses available resources in a nation to create other ways of earning, there will be no poverty. You have a good point here regarding job opportunities. Big population means bigger manpower for a country. However, if the government of that country fails to see that and makes the best out of it then it is possible for them to only see overpopulation as a negative thing. Take this country I live in for example, there are a lot of people and yet we lack workers due to individuals choosing to move overseas for better job opportunities that offers higher salary, compensation, and benefits. If these workers were able to find that here in the country then we wouldn't be lacking educators, doctors, and other professionals. This example shows just how a lot of country's government fail to see how they could use overpopulation to their advantage if they can only focus on the needs of their people. |
|
|
|
Early retirement does sound very pleasant if we are in a situation of exhaustion due to work. Sometimes we imagine relaxing would be more fun. But as in the news in the OP, sometimes retirement can make someone feel bored. And in the end they miss work.
For me, early retirement will only happen when I have achieved financial freedom. This means I am free to choose whether to work or not. In essence, when I have financial freedom, I will do anything that won't bore me. Sometimes I work, sometimes I vacation, sometimes I relax. The point is that when you have financial freedom, it is better than just retiring early. Because financial freedom means we won't worry too much about money.
There is a clear difference between early retirement and financial freedom. And my choice is to have financial freedom at a young age before 40 years.
Retirement? Boredom? Everything here is relative. Some people might find relaxation in the mundane life, while others, like you, seem to thirst for something more, something... limitless. It makes sense to me. Taking an early retirement is an outdated idea from the past. And honestly? It's overrated! The old norms of business and labor are being rethought and rebuilt in today's environment. The grind of 9-to-5? Not everyone will enjoy it. To be financially independent is the real deal. Envision yourself, at age 40, in complete control of your life. Now that's power And here's a fun fact: it's not simple. It requires planning, bold investments, and a sharp brain. And sure, while you're chasing that dream, don't forget to live a little. Get a good work-life balance by mixing in some downtime and adventures. In the end, it's all about being unstoppable, right? When you can live your life exactly how you want, early retirement seems unnecessary You have a good point here, one that I'm sure a lot of employees such as myself will easily agree to. Most of the people I am associated with who retired early stated that the reason for their early retirement is due to the work-life balance they fail to have access to and hence they want to make up for that and live their life free from any corporate responsibilities now. As much as I understand where they are coming from, I am worried for them as I know that some of them only relies on their previous work for their income, and hence it would surely be a bloody process once they stop having that, it makes me question if they can really enjoy life without having the assurance of a steady income. Personally, as much as possible, I'd like to keep working as it gives me the comfort of knowing that I have a stable source of income, as for the enjoyment part I can say that I am doing that just fine while working, it just takes good planning and balanced lifestyle, I don't have to give up one thing to enjoy the other. |
|
|
|
I think the child's parents only taught them how to pay, not about Bitcoin technology and the children saw Bitcoin as an ordinary means of payment like other digital money which is currently widely available but is centralized. It's okay to teach your child about Bitcoin but it's not a necessity, because there are still more important things that children have to learn than about Bitcoin, and because it's not clear when the transaction occurred, it could be that the price issued is normal for that time and to be a little high for today's.
It is a possible narrative, after all the picture clearly shows that the kid is with someone as he orders his food. Moreover, I agree with what you have stated. It is true that teaching Bitcoin to children is not a necessity, nor should it be required. Bitcoin, specifically when it comes to investing, is still far too complicated for them to fully grasp. They have to learn a lot of other things that is essentially when it comes to investing, hence it is better and surely suggested to start small and easy if anyone do ever decide to start introducing Bitcoin to a child. Lastly, it is best to remember that they are kids and they have other more valuable things (at least at their age) they should be learning about and endulging themselves in. Let us not rush our children. |
|
|
|
I believe that playing at no-kyc casinos is still a solid option as long as it has a lengthy track record of success in the crypto industry. As far as I know, the same as BC Games, Live Casino, and others.
Furthermore, if there is a problem or issue, there are difficulties and issues with casinos that have KYC and casinos that do not have KYC, as I have seen and observed on this thread. accordance to the issue they are discussing. The only thing that matters is that you play gambling where you feel comfortable and confident.
There will come a time wherein you'll need to provide KYC with these platforms. It's just that they offer you to sign up with the platform, use it for a couple weeks/months, before they trigger the KYC process to not limit your account. I'd be okay if they went upfront with it and say that they are not 100% KYC free, but they mask everything in their adverts that they are not asking for any documents at all, which is kinda misleading especially to those who are looking for casinos without KYC because of their past experience with KYC casinos. |
|
|
|
|
I've been sent countless messages on my telegram as well, though I immediately move these guys into spam and just avoid reading their message nor replying to them. It helps make them feel deterred on what they want to do which is something that we want to happen. If you continuously ignore their efforts to reach out and connect, they'll eventually stop and think that you're not a valid target and that they are better off targeting other people.
People, just ignore those who send you a PM giving you too good to be true offers. They don't like it when they get ignored, but they'll stop after a couple of messages.
|
|
|
|
What a sweep that's made by Team Spirit on the grand finals up against Shopify Rebellion. They are the real unstoppable team.
After winning $5,000,000 on the Riyadh Masters. They've won another huge amount but not close to the Riyadh masters which is $300k. Heck, that's still a lot of money for this few days of tournament.
It's like that Team Spirit are sweeping all the huge tournament money compared to Gaimin Gladiators that have been winning majors but with lower prize for the champ.
GG is the right kind of winner that performs extremely well pre-TI. They are always considered as the favorites but they're never the type to win it all, sometimes being dropped by teams that are expected to perform badly or get ousted early on in the tournament. Team Spirit may not be as consistent as they were on their TI champs run back in 2021, but they are still pretty decent, even with the departure of TORONTOTOKYO. I just kinda hoping that GG won't be the same as Team Secret on a few years ago when they were kings of the majors and then didn't ended up with good placing in the TI. Hopefully they wouldn't. The past TI, they seemed to be strong in the Majors and prior tournaments from the International, but they fell of extremely fast compared to other teams that are deemed to drop of the tournament at the earliest stage. It's like they are destined for grace, but as soon as the real competition is there, they just fall from it, and perform like amateurs in the main stage. |
|
|
|
|
This only shows na hindi talaga maayos ang security system ng bansa lalo na sa technology. Sobrang daming importateng impormasyon ang nakalakip dito at ganun ganun na lamang na napasok at nakuha ito. This is why kailangan bigyan ng atensyon at importansya ang intelligence unit ng bansa, lalo na sa projects for security. Grabe sila maka require ng kung ano ano bago ma access ng taong bayan ang benefits pero ganun naman pala kadali ito makukuha at mananakaw sakanila. Isa pang mangyayari dyan ay if may negative effects ito sa mga PhilHealth members, baka hindi pa sagutin ng gobyerno ito. Ang laki ng mga contribution ng mga tao pero kapabayaan sa cyber security pa rin ang problema.
|
|
|
|
Additional advice: hindi "research" ang pagnood ng YouTube vids na ung tipong "top 5 coins to invest in 2023!", etc. Ang research ay pagbasa ng project documents, pagtingin ng metrics, pagnood ng interviews, etc. Akala ng karamihan "research" na ung nanood lang ng 20-minute YouTube video.
Sa tingin ko naman kahit papaano ay may mapupulot parin tayong idea sa panunuod sa Youtube, dahil may ilan parin namang mga influencers na tama yung sinasabi nila tungkol sa kanilang speculation regarding sa trading idea na kanilang binabahagi, so kung alam mo sa sarili mo na tama yung nasa video, that means nakakapagsagawa kana rin ng pananaliksik kahit papaano. Kaya lang kasi karamihan na content creators sa youtube ay mga deceiver at hindi talaga mga trading experts, feeling lang nila expert sila pero ang totoo hindi. Ito ay madedetermine mo kung ikaw mismo may kaalaman at pagkaunawa sa crypto trading. Dahil kahit ako nanunuod ako to find out kung totoo ba o hindi yung sinasabi sa video. Sa usaping ito, regarding sa panonood ng YouTube bilang parte ng research, pwede naman talaga as long as makikilatis mo kung tama at mapagkakatiwalaan ba yung content creator at yung mga binabahagi niyang impormasyon. Totoo naman kasing mayroong iilan na makabuluhanan at nakakatulong yung mga konteksto ng videos nila, yung iba pa nga sila yung iilan lang ang subscribe o views ng videos. Ang suggestion ko sa ganito ay kung manonood sa YouTube para matuto o makakuha ng impormasyon lagyan ng backup na sariling masesearch gamit ang ibang platforms at websites para ma fact check yung mga data at info from YouTube, mas matrabaho pero at least sigurado ka sa accuracy nito. Walang masama sa paggamit ng iba't ibang platform sa pag reresearch sa crypto o kahit ano pa mang bagay, maging matalino lang sa pagkilatis ng mga impormasyon na nakukuha. |
|
|
|
They compare bitcoin with gambling because they don't know the important features and technology used behind it, they just see it as a easy to create something online which is not worth the money we pay to buy bitcoin.
Who know about bitcoin's special features like anonymity, store of value, digital gold, decentralised currency, etc.
They don't compare it with gambling.
I see why they think of it like that though. However, such opinions are based on what they read, heard and watched online made by the same people who lacks proper knowledge, background and experience with Bitcoin. Hence, it is truly best for individuals to conduct their own research regarding Bitcoin (and honestly anything else they are not familiar with) and based their own opinions and perspective there, that way it will not be tainted by the already flawed opinions of others. It is due to this that we shouldn't put much hate to those who have false knowledge about Bitcoin as they are probably just victims of negative fake news and info found online. Instead, we can share what we know to them and let them comprehend it on their own. We cannot force people to see and understand Bitcoin the way we do, but we can share to them what we know. That's the best way we can handle things. |
|
|
|
I don’t think bitcoin is to blame for this. First off, they must’ve had toxic familial relations to begin with. Losing so much on bitcoin is just the straw that broke the camel’s back. Bitcoin doesn’t bring the worst out of people, they are already fucked up from the get-go. They just happened to find an outlet through bitcoin.
With that being said I hope some form of recluse or recovery is achieved. While this is more on the severe side family is still family and a matter of discussion and setting aside differences and past transgressions should do the trick. That i if they’re willing to admit to being in the wrong and all that stuff.
It is definitely a family matter and Bitcoin is being unnecessarily dragged in on the matter. A lot of families have problems, a lot of them might be because of their finances and financial crisis or investment failures, but I've never seen anyone blaming the investment method for the problems someone is having just because their investment didn't work the way they wanted it to. If their investment failed, it's probably because they didn't do their homework very well. It's the person who has done the investment and lost the money who is to be blamed for the whole thing. If he didn't have any experience or knowledge about the market or such investments, he shouldn't have done it in the first place, and if he did it and lost the money, it's on him and not on Bitcoin. This is correct. It is obvious that there are other factors that are included in this dispute, probably family problems that haven't been discussed and kept piling up, and what happened with the Bitcoin lost may have triggered the last straw. However, to solely include and mention Bitcoin without putting the whole context is unjust. It is not fair to blame Bitcoin because Bitcoin is just the currency and the investment as well as every decision and action made with Bitcoin is all in the hands of the person holding it, therefore the blame should be put to them. Honestly, this is just another way for the media or news to put a stain on Bitcoin's image because they saw an opportunity, a bad case with Bitcoin being mentioned, a little tailoring of info and they have the perfect controversial news. Nothing new on this, just another negative hit for Bitcoin made by those who either do not understand it so they hate it or just those who never believed in it. |
|
|
|
I am not an expert in economics but when I look at the performance of a government I think they must also be aware that when they pay off the debt they have immediately it will disrupt the financial system they have because after all stability is important and rather than doing something risky by immediately paying off large debts they must have a basic budget that is used as a benchmark and they have other priorities such as in infrastructure or other things that they think so surely they will prioritise the agenda they set up rather than immediately paying off large debts in cash.
I also see it this way, surely a country's budget has been planned long ago and surely they will prioritize it more than paying off their debts first. One of the country's income is from taxes paid by each citizen and maybe they have other considerations. I think it's understandable why that happens, because I'm trying to make a problem on a personal scale. For example, I'm in debt, my income is not enough to pay the debt in full every month, and the option is to pay it in installments. It's possible that I could pay off my debt in a month, but of course I can't do anything including basic needs that might not be met. Facilities such as health, education and some infrastructure improvements sometimes depend on taxes paid by the public so in this case, when looking at the debt for each country, it is actually not too scary if in the end the country knows what to use the money borrowed and they (the government) know that by borrowing apart from having relationships from ties they are also aware that this can help them improve conditions in their country without worrying about finances even though they have to pay the installments but it doesn't matter because by borrowing money before they get some projects whose progress can be very good for them in the future. As long as the government knows what the debt is for and some of the planned projects go well, it is not too wrong to go into debt and there is when the instalment option why do we force to pay the whole amount because it can actually interfere with their electability in the economy. Exactly, that is how this is. The government borrows money from another country for a project they know will do good for the country and will surely help with the economy and then settle the payment through installment so it wouldn't be as big of a loss as it is compared to fully paying it. Moreover, there are also having ties with more powerful and established countries that bring good relationships. However, we cannot of course turn our backs from some instances wherein the debt of a country keeps pilling up and no projects are being made and seen by the public, in such instances we cannot blame the rise of concern and questions thrown by the people to their government as it can truly be questionable as to where the money is going. |
|
|
|
It's the process of making money and reinvest make money and reinvest.
If you made just some lucky 10x profit but you can't keep up your stradegy for the long term then you don't build any wealth.
That is a pretty good point, everybody can get lucky and make a nice profit either in gambling or in trading. As long as this one-time profit is not in the millions, then this won't make us rich and it comes down to what we doing with the money after. Becoming wealthy is not a process that finishes in a few weeks, this takes years and a lot of dedication to make it work. My old boss always said that if you want to achieve financial independence then look at the journey as a marathon, not a sprint. Being lucky helps of course a lot in our efforts to accumulate money, but if we don't have a plan and the tools to secure this money for the future, then we are going to lose it mostly likely again. Reinvesting any future gains is the key to building a successful portfolio that keeps growing over time. We shouldn't be only relying on the short or medium gains in our investments, and instead build a long term investment plan. You both make good and valid points. Just because an individual was able to get a good sum of money, may it be from luck (like winning the lottery) or through hard work (like business or work), it will take more than just that event to earn actual wealth. Let's make it simple. If an individual was able to their hands on half a million dollars then immediately spent it by buying a house and lot, cars, luxury things, and then gave some away to their family and friends, add in the taxes and what will be left? Soon enough that individual will then only have a good sum to pay for their needs and utility, and will soon face problems regarding payments for the house and cars' maintenance. Instead, if that individual made a plan and spent only what was needed, used a good percentage of that money to start a business or investment, then at least the money will make profit and will continuously give them income, possibly gaining wealth in a few years. |
|
|
|
How do you think these developed nations will fill vacancies in their nations and get cheap labor if the population of these developing nations is reduced?
In countries with poor economies, there are problems with overpopulation, this is not the problem. The problem is a corrupt government that does not solve this problem well. Of course, as China, it is possible to strictly limit the number of children in the family, but why? It is better to create conditions under which all this large number of citizens will be involved in the economy, and this can give a strong jump in the economic vector of the country. It's just that the governments of such countries need to provide affordable schools and educational institutions, and then jobs. I agree with you regarding this, of course, the government has a role in this--the problem of overpopulation and its effects. However, we should not be just focusing there, we cannot deny the fact that the people are also responsible. While the government lacks the support it should be giving to the people, the people are just being too reliant on the government. Both parties have responsibilities to take in order for the problem of overpopulation to be dealt with. No matter how many public schools that provide free education and job fares there are, if the people refuse to make a move then it will be all for nothing. The support should indeed come from the government, as that is the responsibility they have for the people they are governing, but the action of change should also come from the people themselves because if they do not choose to help themselves and continue with their lifestyle of producing kids without knowing what they will do in order to provide the needs of these kids in the future and just hold on to what the government should be doing, nothing will change. |
|
|
|
I doubt that success if even guaranteed either. There are a lot of examples of people doing the right thing but still not being successful.. so it is hard to guarantee short-cuts in terms of success and richness, even though there are quite a few practices that can likely increase odds for success and/or the making of progress towards greater success and richness.
Right I agree with you, honestly I also never thought like that, I mean I absolutely do not think that there is something or anything that can guarantee success, yes it's true as you say sometimes people who have processed very correctly are not uncommon some of them are still failing, but I will not fully say that they have failed because it will all come back to each individual. if they are hardworking and always struggle on the way to success then some of the failures they might experience I think will not make them retreat, even if they are a fighter soul then they will be more eager to move forward and make failure a lesson, if indeed they are hardworking and always struggle on the way to their success then some of the failures they might experience I think will not make them retreat, even if they are a fighter soul then they will be more eager to move forward and make failure a lesson that will always be a very good assumption. So I think in this context there will never be a real failure if indeed they are strong fighters in various conditions. I believe that the process will not betray the results (for hard workers). I honestly don't believe that there are shortcuts that can lead us to real success but not with a process that is so draining and mental. If there really is such a way, maybe now there are many of those who have succeeded instantly, but in fact there is always a hard sacrifice first to achieve it. In my opinion, getting success in an instant way is never separated from the strong luck they have. Success will always require sacrifices, in our case it is mostly mental and emotional sacrifices. It is truly an exhausting path to achieve success. We will face countless of rejections, loss, hurdles, and problems that puts our plan down and completely change the way we want our path to go. Hence, in our decision we have to make sacrifices if we do tend to continue forward. Moreover, after achieving a bit of that success, we will have a sense of feeling like it was not even worth it with everything we had to go through just to get there, the exhaustion and defeats. Hence, it brings up the question of whether or not it was really a win. Life is just like that, in one perspective you'll feel and believe that everything was worth feeling and going through, while there's the perspective that shows how exhausting things are and questions if our wins are worth losing a lot of things. |
|
|
|
|
The link is isn't working so the tweet was probably taken down by the user or was reported to take down because the pictures were obviously taken without consent, which I hope everyone understands why that's a problem. Anyway, regarding what seems to be happening on the picture, it looks to me like the person (probably the parent, or someone older than the kid) was the one using Bitcoin to pay for the food transaction and not the kid himself. Either way, if I'm gonna go with OP's caption and narrative then I see that as a good thing. Kids these days are born with a tablet/ipad on their hands anyway so it's not surprising to know that there are kids being interested and learning about crypto early, however, I do hope they are getting enough supervision and guidance from their parents since we are after all talking about money here and kids, as clever as they are, can still be easily fooled and scam; we certainly don't want that to be their first experience dealing with crypto.
|
|
|
|
|
Show Posts
