If you improve yourself and work very hard, you will be paid more, be punctual and truthful with your work, your sincerity can also determined what you deserved, you cannot compare yourself to others, and wish to afford or earn what a particular person is earning, just composed yourself, and be your own self, then you will be able to know what you could achieved.

It is not that easy to create wealth, it is essential that in the process of creating wealth or when there is opportunity to create any kind of material things you should have positive reasoning, impact all your knowledge, ideas, and skills on it, don't involved yourself in fraudulent activities or humbug, program a legal, and lawful  way to create wealth, don't be illegalized or criminalize to be wealthy.

You've said it all, money is not all wealth, because money can not fix or balanceed our lives without the things you mentioned above, if you have money and you are single people will not see you as a responsible person and they will not seek for your advice neither count your decision, wishing to be wealthy when are not healthy, how will you spend the money when you are not healthy, money is very substantial in our lives and no one can live happily without it, having money will make you realize that you are a reliable person, money is needed to cover up or fulfill a lot of our responsibilities like purchasing food stuffs, we also need money to provide shelter, paying rents, fees, bills  clothing and so on, but that doesn't guarantee that money is all wealth.

Associating with rich people can not make you rich or wealthy, everyone's destiny is written, some are destined to be rich while some are destined to be poor, we just have to be a predestinationist and believe that we can not change our destiny no matter what that is a fact, you have to be educated and nevertheless be hard working because it will lead you to your destination and revealed your determination either to be successful or unsuccessful. 


Prevent lavishing money on unecessery things and learn how to be a manageable person, our resources is our desirable, it need to be reserved and conserved because it can serve as our assets which will be beneficial to us in future. inorder to be successful or rich you need to avoid bad influence, selfishness, laziness, and greediness. And be responsible, contented, hard working, eligible, motivated, heartening, and also always be honest because dishonesty doesn't pays.


Being positive is not the only thing to do, but it is also important too, don't be judgmental on every situation, always hope for positive non negative and wish to negociate, sometimes our lives go towards the direction of our reasoning, thinking negatively about a decision affect mindset, it get rid of the motivation, and kill your motivated part, so you will not be able to see any good reason to work hard and be successful because you followed your negative thoughts and believe that you will never make it in life. It is advisable for you to be positivity in every decision you choose to make in life, weather it ends up successful or unsuccessful.

As they said "opportunities comes but once" when it knocks on your door just grab it and make good use of it, our ways of pursing our goals are different but the aim is the same, which is to be successful and achieving a certain thing (money or to be wealthy), everyone has a ambition and wish for a better feature, your action is your passion, your passion is your motion and hard working is what will lead you to your determination and your success.

Exactly, all the countries in this world have homeless people, in everyone's life agenda being rich is part of it, all individuals purse goals and always wish for achievement, but sometimes life turn out in a way that is not favoring them, work hard to be successful and make sure that you never become homeless even if the dream of becoming wealthy was not fullfil.

people are still having rough time up till now since COVID 19 Pandemic, since then poverty has being popularized, some have become poor and homeless, the world could have been better if it doesn't contain greedy, selfish, wicked and discontentment people.

I aslo no tink say Bitcoin fit better our country, Bitcoin no fit find job for our youths wey no get job oo, in dis our country wey we dey if the government announce am say make everybody dey invest with bitcoin na dat time you go understand say people fit turn it from decentralization to Centralized oo, cos physically you go dey see say na P2P, you no go aware say dey get intermediary wey dey invisible, if government announce am and it become tender, na only rich people e go favor oo, cos dey go still dey run things the way dem dey run am with fiat currency nd the poors go dey suffer the consequences.

if government make bitcoin legal tender my country people go suffer, infact the suffer wey dem go suffer if bitcoin is being tender go pass the one wey dem dey suffer now, hunger go bcom more popular, prices of commodities go go higher, everything go dey hard to purchase, the commoners will be lamenting the serious inflation nd government go dey jubilate, I believe say bitcoin fit change a lot of people's lives, but if dey make am legal tender in our country dey go misuse nd abuse am, nd dey go cheat people cos no be everybody understand what bitcoin mean talk less of how dem dey spend am.

LACK OF RESEARCH AND UNDERSTANDING: lack of research and understanding is the common mistake a lot of traders make due to willingness, eagerness, and impatient, they will involved themselves in trading without investigating and having proper knowledge, education and understanding on trading, and with having knowledge on the basics concepts of trading it helps to have a lots of experience on it and it will also serve as a guidance to the trader on how they are going to manage their marketing.

There is a big differences between the past economy and the present economy, because the world has been evolving, life was simple and soft when agriculture was the only option, before technology and education was introduced, because from my point of view, I observed that the twenty first century has been very hard and the situation is becoming unbearable to everyone, Africa is also my continent and a lot of people are really suffering, because in olden days it will be very hard to see someone dieing of hunger, but it popular nowadays, current riches are the ones that can be classified as olden days poors.

 of course, trading can change our lives for good, but we have to motivate our emotion, get rid of anxious and anxiety, sometimes lose and gain are unpredictable, traders have to be patient and never give up easily, trading doesn't disappoint people, but it only work the way it is, there is nothing you can do to prevent yourself from losing it is impossible and impossibilities can never be possible, once you've lost you can never retrieve the money again, and you can not retaliate in trading or you may end up losing more.


if you are planning to trade, you have to be prepared and be ready trade, be ready to gain and also be ready to lose, engaging in trading doesn't mean that you will be making a huge amount of profits, some people will have interest in trading but it doesn't suit them, and when they realize that they are not meant to be a trader they back off and focus on other things that will be profitable to them, when some lose in trading they become anxious, trading has a lot of difficulties and challenges but some people didn't give up still because they have a lot of responsibilities on their head.

There is nothing in this world that is permanent, if you are rich you may become poor and if you are poor you may become rich, an unemployed person may be employed, and employed person may be fired or retired and that is also applied to trading you can't be a trader for the rest of your life, sometimes losses capture our emotion and it doesn't allow us to focus on our motivation, people exchange a lot of things in their lives just to make it balance, some are afraid that the market is volatilisable and can be volatile anytime.

It is unfortunate to some people, they spent a lot of year suffering the losses and they enjoy it at the end, they were just being patient and also they were ready to bear the consequences on whatever happens to them t
In trading process, and that is how you will be able to become a successful trader, you can't expect yourself to earn money the very moment your started trading.

It is not a big deal for you to inform your family about your source of income, I think it is the best thing to do, in case of any emergency, for instance if you are dupe or you are being victimize, in this kind of cases you will need your family the most, and if they don't have any idea about your source of income, how could they be able to stand by you and defend you, I understand that family are complicated sometimes, but no matter what they are still your family and they are the ones that understand you the most, as people say "blood is thicker than water" whenever we are in doom our family use to be our last hope so what is the the essence of keeping secrets from them.

Yeah, I agree with you that trading checklist is not of essence to professional traders and it is of essence to the beginners traders because it will help them a lot in making the right decision before engaging themselves in trading, a business is always a business so I think that  it is also useful to professional traders for them to become a successful trader, it will also serve as a guideline to them and how they will manage their business, after making the trading checklist and the person study it very well, he or she will be able to make the right decision weather he can trade or not.

Before you started trading you already know the basics of trading, you may lose or you may gain in trading that is the fact about it, you have to be a motivator to yourself and always give yourself a good reason to continue trading no matter what situation  you found yourself, trading is a difficult task, you may feel down if you lose but you have to exercise patient and never give up on it, you may enjoy it at the end, eliminate your fear and develop your courage that will facilitate you in making the right decision.

Same here, in my country prices of commodities are 3x, some are 4x that of last year, inflation has affect a lot of countries seriously, the value of our currencies has been declining due to the current economic situation, we are still hoping for disinflation to happen, but the economy is worsen day by day, what some workers spend as transportation fee is greater than what they earn as salary, a lot of people are dieing out of hunger, poors doesn't use their money to purchase things that they need now expect foods stuff and still the money are not enough for them purchase enough food stuffs.

Salaries are not enough to spend and some government are not willing to pay, the inflation that is happening day by day has become unbearable to my country people that they have to protest against the government.


It makes the rich richer and also makes the poors to become more poorer, because for instance, after working all the hours to buy less and you  fell sick due to strain and ended up at the hospital, the less money you make to feed as to be use for the hospital bill, for you to feed that very moment will become a huge problem to you, what if the money is not up to the amount demanded for the treatment and you only depend on that money, as people works more they deserve to be paid higher, so that the money should be able to feed them enough and also fulfill some of their responsibilities.


Is the current situation we are living in now that is forcing some people to involved themselves in illegal activities like, terrorism, kidnapping, robbery, bribery, corruption, stealing and so on, and government has turn deaf ears about it, because a lot of people that are involved in those act are ordered by rich people and politicians, the law enforcement agencies that supposed to stand up to protect the citizens, defend them, guide them and arrest whoever commit a crime, punish them and correct them so that right of any citizen should not be neglected, are the ones protecting the criminals, because a certain amount of money was given to them to silent them, the inflation is only affecting the poors not the riches.

Bravo, as a newbie we have to be humble, truthful, honest, understandable, and generous and also follow the footsteps of our high ranked members, weather you are newbie or legendary as long as you are a member of this forum we are family, we are here to guide one another to achieve a common goal, so what is the big deal if we are being polite with one another, by the way thanks for the wonderful advice.


It is not against the rules of this forum for someone to post a certain information to enlighten others as long as it is not junk posts, anyone can contribute on this forum for us to aquire more knowledge, I believe that many of us have learnt a lot on this forum with the help of our fellow members.

Trading and gambling are two different things, because it is very hard to identify the similarities between the both of them, traders usually trade with the aim of making profit and so also gamblers also gamble with the aim of making profit, but the differences between them is that, a trader can be successful in trading with the help of aquiring knowledge, skills, being patient, understanding and good experiences, lose in trading is like a mistake and if it is corrected, you will learn good experience from it, and it will stand as a better chance for you in feature.

gamblers depend on luck, they doesn't have any special knowledge on gambling, when a certain amount of money is use by a gambler to gamble and he/she lose, they lose for good, and they will not learn any good experience from it, sometimes gambling lead to serious conflict between the the gamblers.

Putting all your assets in one basket in very risky because the basket may fall mistakenly and pour away everything in it, but when you put them in different basket and one fall away, you will still have the remaining ones to depend on, when starting a business you cannot invest all you have in it or you may regret it later, spending a lot of money and leverage in a business is not the most important thing you need to do, for you to make a lot of profits, you have to involve risk Management so that your business should run smoothly.


Making decisions to start an investment or trading is not a big deal but you have to compose yourself and be knowledgeable on what you are about to engage yourself in, also be aware of how risky what you are about to do is, understand the advantages and the disadvantages, and also the rules and protocol that guide that particular decision you've taken.


Borrowing money to start an investment or trading is the biggest mistake some people made, what will you feel when you lose the money, and you clearly know that is not your funds, what if you give them something dearly as a collateral, can you afford to lose something that is dear to you??

When you decided to start an investment or trading, make sure that all the expenditure are yours no matter how little it is, and spend what you can afford to lose on it (either on investment or trading).

Exactly, there is no an adapter in trading, no matter what you do and how you tried you can't be obviate from loosing, but that doesn't guarantee you, because it can be slackened, I also agree that newbies lose more and it is all because they don't have enough knowledge on how risky it is, with time some will understand what trading is all about, and also learn to know what they can do to prevent themselves from loosing a lot.


Absolutely you are indeed correct, it's not everybody that will be a successful trader, a lot of things are needed before you can consider yourself as a trader and make progress in trading, like knowledge, skills, honesty, experience, contentment and being polite.

 when a trader have a good knowledge, skills and experience, it may prevent them from losing a lot, if you are not honest with your vendee how can you be honest with yourself, if you are not happy and satisfied with what you earn it can lead you to greediness, if you are greedy you will lose a lot of expenditure, if you are not polite, it will discourage people from purchasing your goods, if you want to be successful you have to be patient it is the key to success, if you are impatient you may make a wrong decision that you will live to regret for the rest of your life.


Using little amount of money to trade can not prevent you from losing, but it is advisable to start trading with a little amount of money that you can afford to lose, so that even if you lose you should be able to stand strongly again, but some people are eager thinking that  the higher the capital the higher the profit, from the look of things this is the true definition of impatient, because for instance, if you are not patient enough to wait for the right time and you go ahead and start your first investment with huge amount of money and you lose, you will end up regretting it, all of this this happened due to impatient.