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Finishing your studies is not the key to achieving success in life. It is just the first step that you need to build yourself and help you prepare for the obstacles that may come to your life. It's one of the weapons you can use to fight with the reality in life. Now, once you graduate, it is up to you how you can nourish the things you have learned to improve yourself and become a better person who can bring you success and wealth. Some still fail even after achieving and learning a lot in life, but the key to managing on continuing the journey to be successful and wealthy is to never give up and continue to try again.
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Good point. Since most elderly people don't want to use gadgets for the reason of having an older age, they prefer to do what they used to which is to watch television or listen to the news using the radio. They find it more relaxing and easy to use compared to using a gadget and browsing on different social media channels which they don't easily understand.
Parents or the elderly do not deliberately choose to watch television and listen to the radio when they want to know the latest news. But they really don't understand how to use any gadgets and their eyes also don't allow them to see the gadget screen even with the help of multipurpose glasses. So this is not because of a reason for choosing not to use gadgets, but rather because of the knowledge in using the gadgets themselves that they never had before. So their choice is only on television or radio, which looks more relaxed in the eyes of today's young people. And if we look in more detail at the choices, actually today's elderly still really want to be young again and experience the current conditions of life with various kinds of technology that can be put to good use to achieve various things. However, because this is no longer possible for them to repeat, of course they themselves have to choose something more logical with a relaxed choice that can provide a little information for themselves at this time. Because they themselves also know that their time to work like young people is now over. It is the same as what I said. As they grow older, more technology is developing that makes them outdated because they don't understand how to use gadgets. Their health condition is just an additional reason, such as having poor eyesight or maybe they also don't feel the vibes when they try to talk to other people on social media, comparing the vibes if it is a conversation personally. |
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Let's not think of it that way. View it on the positive side, think of those people who only rely on Bitcoin with not have enough information about real estate investment. The same as me who didn't know anything about it until I realized and learned about it. Maybe they can see Bitcoin as a much better investment than real estate, but the time will come they will know that both are good investments. The way I view it is that investment is investment, just be smart in doing the one you choose to engage in. If I were anyone, I prefer engaging in the two of them, this is the smartest way instead of comparing the two. This is a good means to diversify your portfolio and I do not see a good investor that will do otherwise. It is good to avoid putting our eggs in one basket, and Bitcoin as you see it, is a seasonal investment, it is not the best investment as people think. Couple with the fact that it is an online investment, everything is virtual and anything can happen at any time. We should plan better instead of giving kudos to one over the other. You should know that the real estate business is physical and very practical, I love it, and if luck visits you in it, you can earn your 5 times profits easily from it depending on the location, the time dedicated to it and how good you are at it. However, what I advise people to do is to invest their sold Bitcoin during the bear season of the coin to avoid letting the funds be idle. Or you will still invest in Bitcoin when you are fully aware that it is selling in the long-term disposition during the bearish season? I guess no is the answer. This is the time you even use the money to make more money so that you can buy it back at a lower price when you either believe it will bottom or confirm a viable bullish trend after the bearish phase must have ended. The smartest indeed only if you are knowledgeable about these two kinds of investment. That is when we will know and appreciate the importance of diversification of our investment but the thing is, it is also a risky type of investment if the investor does not have enough knowledge in any one of them and has decided to invest both because he knows diversification should be a thing. |
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The perspective shared is that while risk entails the potential for loss, it’s an unavoidable element of life and business. Embracing risk opens up possibilities and opportunities for growth and success. Historically, successful entrepreneurs and business figures have been notable risk takers. This approach suggests that confronting and managing risks is preferable to avoiding them, emphasizing the transformative power of risk in achieving potential and discovering new avenues for success.
Avoiding risks is not a good option for entrepreneurs and business figures because they all know that when they start a business at any level, of course they are very aware of the risks that they must manage well before achieving success. Because the process of achieving success does have stages that entrepreneurs and business figures need to go through because this does not come instantly in any business. So it is true as you said that managing risk is much better than avoiding taking any risks in the business we run. But there are also types of risks that we need to avoid, not necessarily that we have to face all risks. If we are startups, we can obviously accept all risks, but when we have achieved certain achievements and successes, we need to manage risks as well as avoid unnecessary risks. Each stage of a startup will have different risks and challenges and we need to manage that well, we should not accept any challenges without research when we are in a better position. If you are smart and know when to face risk, that's exactly what you need to do. Facing all the risks does not mean we will have more rewards or the success that we are expecting to have. Being smart is needed to know when to face and avoid the risks that will come to our lives. Only face the risk if we know what we are doing and not to face the risk just because it suddenly comes in front of us. |
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So in my opinion marketing in the digital era is more efficient by relying on social media rather than TV and radio or others.
It still depends on your audience. If you are selling the product for young and between 30-40 years old people, then advertisement on social media is much cheaper and brings more result but if you sell the product for mid-age people (40-60 years old), then TV or Radio, depends on the country and the city, might be better than advertisement through social media. Good point. Since most elderly people don't want to use gadgets for the reason of having an older age, they prefer to do what they used to which is to watch television or listen to the news using the radio. They find it more relaxing and easy to use compared to using a gadget and browsing on different social media channels which they don't easily understand. |
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I think both have their own advantages and disadvantages.
Crypto offers high volatility and potential for high returns, but also comes with a high level of risk and uncertainty. Real estate, on the other hand, is more stable and seen as a tangible asset that can provide steady passive income through rental yield. The choice between crypto and real estate depends on an individual's risk tolerance, investment goals, and financial situation. It may be beneficial to have a diversified investment portfolio that includes a mix of both asset classes to manage risk and optimize returns.
Very fair and clear review, thank you. Real estate, bitcoin, gold or stocks are all investments with their own potential and risks. And which investment to choose depends on each investor's taste. We can't say that bitcoin is the best just because we are bitcoin investors or just because we don't have a lot of money to invest in real estate and think it's a worse investment than bitcoin. Personally, I choose bitcoin at this time because I don't have a lot of money to diversify with real estate or gold. But if one day I have more money, I will diversify with real estate and gold, I will not depend only on bitcoin because it is too risky for my assets when I only focus on 1 asset. That's the main point. It's up to the investor what will be his choice. The reason is there are types of investors who are good at Bitcoin investment, they can easily understand, and so on. Some are good in other investments such as real estate, while some are good in both. It depends on the personal choice and where they feel more comfortable with their investment. Frankly speaking, real estate is an extremely safe asset and investment and is everyone's dream because of the need for housing, it can generate passive income...so many benefits when own real estate, not just hold and wait for the price to increase. But we are on the bitcoin forum and there are a lot of people who like to lie, they don't have the money to own real estate and they are relying on bitcoin to hope to become rich with a small amount of capital. And they are willing to badmouth all the things they cannot own or invest in. But for me, Bitcoin or real estate... are both good investments and the choice depends on each person's needs and preferences, there are no bad investments here. Let's not think of it that way. View it on the positive side, think of those people who only rely on Bitcoin with not have enough information about real estate investment. The same as me who didn't know anything about it until I realized and learned about it. Maybe they can see Bitcoin as a much better investment than real estate, but the time will come they will know that both are good investments. |
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I think both have their own advantages and disadvantages.
Crypto offers high volatility and potential for high returns, but also comes with a high level of risk and uncertainty. Real estate, on the other hand, is more stable and seen as a tangible asset that can provide steady passive income through rental yield. The choice between crypto and real estate depends on an individual's risk tolerance, investment goals, and financial situation. It may be beneficial to have a diversified investment portfolio that includes a mix of both asset classes to manage risk and optimize returns.
Very fair and clear review, thank you. Real estate, bitcoin, gold or stocks are all investments with their own potential and risks. And which investment to choose depends on each investor's taste. We can't say that bitcoin is the best just because we are bitcoin investors or just because we don't have a lot of money to invest in real estate and think it's a worse investment than bitcoin. Personally, I choose bitcoin at this time because I don't have a lot of money to diversify with real estate or gold. But if one day I have more money, I will diversify with real estate and gold, I will not depend only on bitcoin because it is too risky for my assets when I only focus on 1 asset. That's the main point. It's up to the investor what will be his choice. The reason is there are types of investors who are good at Bitcoin investment, they can easily understand, and so on. Some are good in other investments such as real estate, while some are good in both. It depends on the personal choice and where they feel more comfortable with their investment. |
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My question to us right now do you think Bitcoin will eventually erase the commercial banking sector???
That's possible. But the thing is, for that to become possible it will take a lot of time, not a decade but more realistic if we say it will need a half-century for it to happen. We are in the digital era, and a lot of people will always try to pursue the advancement of technology to reach a higher height. |
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You can't ask a business to invest all its capital in bitcoins because there's a whole lot of risk involved. When all the capital of a business is invested in Bitcoin, if for some reason the Bitcoin investment is lost or hacked, then all the investment will be wiped out, in which case the investor will likely go bankrupt. So business profit you can suggest to invest in bitcoin otherwise I will not support to invest in bitcoin with all the capital. I consider your suggestion to be entirely unreasonable at present, and I assume it to be in a danger zone.
I wouldn't hesitate to say that OP's suggestion to his friend to take the company budget and invest in a volatile asset like bitcoin is actually bad advice. Most people are blinded by just looking at the profits that bitcoin brings without realizing that bitcoin also has unpredictable risks. No investment can bring high profits but is safe and bitcoin is no exception. I'm a bitcoin investor, but if given a choice between running a business with steady revenue and investing in bitcoin, I'd choose to run a business. Bitcoin is just the hope of many people who have small capital in hand and wish to become rich or make miracles out of it. As for those who already have a large amount of capital or are running a business with a stable income, they need to have a suitable investment plan and should not focus entirely on bitcoin, a volatil asset and risk. [/quote] That's like taking a risk and having a chance to make a profit or taking the risk and losing the money including the whole company. I will also do the same, the risk is too great, and I would rather keep running the company and have a stable running business than invest the money. If the guy insists on investing, he should use his own money and not the company's money, that's the best option. |
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My joy of buying bitcoin at the right time when bought my first Bitcoin has been excessive in this period that Bitcoin price have risen continuously.
My story
As a newbie and first-time investor and holder of Bitcoin, I made a decision that has led me to a stage of financial satisfaction within a short time, just by risking the right amount and at the right time.
I bought Bitcoin when the price was low at about $22,000 price and i went all in with the whole capital at my disposal, as a newbie i was sceptical, but also i was ready to take that risk.
Luckily for me, Bitcoin is now at 52 thousand dollars, and i feel so excited to see the number of profits that i have accumulated within the shortest time which no other investment can give such profits in such a time frame, so I am glad.
You are one of those lucky person who have taken the risk of investing during the low price of Bitcoin. Congratulations on achieving to achieve of almost triple your profit. That's a good start for a newbie as an investment. You just have to remember that you should know to yourself when you should cash out. Don't forget to get your profit and invest again if the price gets low. |
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Now everything is so easy for you to invest in Bitcoin while increasing the investment amount every month, the salary you get from work in real life can be allocated to several parts including investing $50 regularly every month.
People can now easily invest in Bitcoin with their limited income through DCA method.If a person accumulates $50 worth of bitcoins per month, his total bitcoins at the end of the year will be (12month×$50)$600. If the same person can prolong his investment for a long time i.e. up to 10 years then after ten years the total amount of invested bitcoins will be (10year×$600)6000 dollars. If he continues to increase his investment by another $20 each year, the amount of bitcoins he has invested will grow by a much larger amount. If you are investing in Bitcoin for the long term, it's not a wise strategy to hold on to your investment for 10 years without considering withdrawing when you make a profit. Since the price of Bitcoin has changed significantly over the past 5 or 10 years, it's better to withdraw your investment when you achieve your selling price or earn enough profit. Continuing to invest for such a long time is not recommended. |
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To see the clear picture and get helpful answers, I suggest to put on the other side a list of unsuccessful investments. OP has mentioned gold, bitcoin and property investments, showed how $1000 turned into hundred thousands. I havent googled much, but offhand I can name Twitter purchase. Suppose you have invested in Twitter. During two last years the value of your investment has decreased. Found list of unsuccessful investment. HP have bought Autonomy and face multimillion value loss of a company they have just purchased. So OP, when asking why people make mistakes and did not invest on early stage, think about all the unsuccessful investments people made. Because I feel like ration of successful: unsuccessful early investments are greatly below 1. Indeed, many investors are hesitant to invest until they see results, this might be due to their past experiences with unsuccessful investments. Only a few individuals are willing to take the risk, usually those who have the courage and were fortunate enough to invest early on. |
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Like the title says what are the rules. If I miraculously got a private key to a wallet that had Bitcoin in it but was not mine originally then does that mean I now own the wallet like finders keepers and is there any legality issues with this in the usa,uk,canada,south america. Is this more of a morality should you or should you not.
Suppose we assume that you can magically obtain a private key that has a Bitcoin in it. Even in such a scenario, the only possible way for you to find the key is to locate it in a file or a scrap of paper previously written by someone else. Attempting to try multiple combinations of words to open a random wallet is a futile exercise that could take an entire lifetime. In short, finding such a key requires more than just a miracle. |
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the next bull market is going to have the power to change your life. So just Hold bitcoin for long time.
It depends on the amount of investment one puts in. Even if investors take the risk of buying Bitcoin in the range of $40-$50k, they still need to wait for the price of Bitcoin to reach $80-$100k to double their investment. If someone is hoping to improve their life, it's better to diversify their investments and look for other cryptocurrencies to invest in besides Bitcoin. |
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the most obvious question in front of us that-
Did the Bitcoin flight already leave investors? or is there still time to buy a ticket?
There is still an opportunity for investors who have missed out on investing. However, they need to be patient and wait for the price to correct itself. It is uncertain how much the price will decrease, it could be lower than the price of last year, or it may not reach the low price of last year anytime soon. |
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That's right, it's never too late for things that lead to goodness, even if they have experienced such huge losses but if we have a strong awareness and determination as well as a strong commitment as you said then they can get out of this problem from the zone of losses that cannot be predicted. Because indeed to be able to stop gambling I think they need help also from other people such as from their relatives or their spouses if they are married, because indeed gambling addiction is clear that it will definitely cause losses that cannot be avoided with certainty.
That is the right moment to stop gambling addiction and when that time comes, you must maximize it and not be influenced again. Addiction often attacks the human brain gradually and it cannot be completely controlled properly. Forgetting about gambling will be difficult if we still imagine the offer and we have to be prepared for different situations so that we don't remember it again. Family is the right solution and by remembering the good things from it we are also more likely to avoid gambling. It is a fact that recognizing the importance of one's family is often the key to overcoming gambling addiction. Many individuals who have reached the point of losing themselves to gambling have found that undergoing rehabilitation and psychological testing is an effective way to recover, as their motivation to return to a healthier and more stable lifestyle is often centered around their loved ones. However, it is important to know that having a supportive family is essential in making this possible. |
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Hey, guys! Are any of you emotional gamblers who often lose because you can't control what you feel? When you lose, do you tend to double your bets or chase your losses, driven by a pride that can't accept defeat? Do you consider this a problem? If so, has anyone here been able to solve this kind of problem themselves, and if yes, how did you do it?
I have this problem, and based on my personal experience, I find that sometimes I get challenged but not too greedy because I don't have a problem quitting when I'm winning. However, when I'm losing, that's where my struggle lies.
That's why I shared it here; I feel that some of you may experience the same challenges, and I'd love to hear your ideas or experiences on how to win this battle so we can enjoy gambling.
A lot of gamblers have experienced the same thing. When a gambler experiences losses while gambling, they may become eager to recover their losses quickly. They may start placing larger bets than usual, hoping to win big and make up for their previous losses. This type of behavior can lead to negative consequences such as accruing a large debt, selling off assets, or even engaging in illegal activities to obtain money for gambling. |
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https://protos.com/owner-of-8k-bitcoin-lost-in-landfill-threatens-to-bankrupt-local-council/I think him lashing out at the city council and threatening to sue them doesn't make bitcoin look good. wherever his hard drive is, if it's in that trash dump i don't see how even a data recovery expert could get anything off of it. it's probably been crushed, cracked, corroded, etc. lost cause. his big mistake was throwing it away in the first place but that was his fault no one elses. he lost those bitcoin a long time ago. and they're not coming back.  This has nothing to do with Bitcoin as it is entirely the person's fault. If the man had kept his keys in a well-protected place or at home, this would never have happened and he had completely forgotten about it. If he had kept his key/seed phrase stored in a safe place in his home, he would never have lost so much money. It's really stupid to forget the keys to a wallet with so much money, and it would be completely wrong for this person to blame or pressure the city council for this. Although he has lost a large amount of money, he may have suffered a lot for which he is blaming others. But it is not right to blame someone else for his own mistakes surely he will understand when he is in full health. He may be mentally broken because of losing a lot of money but later he will surely understand and then he will not blame anyone but he will realize his own fault. Of course it would have been best if the keys were written down on a piece of paper or in a notebook, this would never have happened if the pictures were in a safe place. A sane normal person cannot live with a simple mind because he has lost bitcoins. And it's true that any person will go crazy after losing 8k bitcoins because the current value of bitcoins is huge. That's why it's best to keep the keys of any wallet in a safe place. The owner of the lost Bitcoins most likely did not anticipate Bitcoin's current high value like everyone else. If they had purchased it 10 years ago, they may have considered its value too low to expect the significant increase we see today. Unfortunately, the owner did not take any safety measures to recover the lost Bitcoins, as they disposed of the hard wallet without any backup. |
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~Snip
I agree with you that normally when people ask others this question “how much bitcoin do you own”, it’s almost always asked without malcontent. I think people ask me this question most often as they simply are just genuinely curious as well as perhaps they are interested in how much “faith” I actually have in Bitcoin. So I hear ya, but that said I think it’s important to stand your ground and explain “I don’t give out my financial information”. Really, I agree with you. It is not mandatory to disclose how many assets we have to others and there is absolutely no point in telling people online about it. The threat may increase after we tell someone because no one can be trusted. Money is something sensitive and we know that everyone wants it, even a friend they don't need to be told how much we have. Yes, because it's confidential and should be treated with the same level of confidentiality as our salary. Disclosing the number of assets we have to other people is not a good idea. Aside from the potential security threat we might face, there is no benefit in bragging about our investments. It's better to keep it to ourselves and remain silent even if others insist on knowing about it. |
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