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August 20, 2024, 07:18:19 PM *
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1  Economy / Economics / Re: How has this bad economic affected marriage ? on: Today at 03:16:55 PM
I haven't married yet. but my parents' were affected by this "bad economic" in their marriage. Economy is the main reason of divorce in my country, seeing this fact, I'm a bit scared for my own sake and my future children if one day I got married with someone. For now, I'm kinda grateful for I am not married yet so i could get prepared for my own economy situation first before I decided to get serious in a relationship to prevent any unwanted problem in a marriage which cause by economy.

Even thinking about the responsiblity, marriage expenses and child expenses are giving me goosebumps somehow, I'm afraid if I'm failed to provide them.
2  Bitcoin / Bitcoin Discussion / Re: He wants to Invest in Bitcoin for His Retirement. on: Today at 03:05:41 PM
There is no need for your pastor to invest in bitcoin from his monthly stipense if he is retiring soon as you said, because I don't think he will be able to make anything out of his investment and I see that as gambling. Bitcoin is not a get rich quick scheme, therefore anyone investing now as a new investor must plan to invest and hodli for 4-10 years with regular DCA purchase for him to make profit in future.

Let your pastor think of something else and not bitcoin because he will run at loss if he invest on short term like he said, especially if bitcoin price dips. Also bitcoin investment is not a shopping mall where you can feed from daily.
Here here, couldn't agree more. we have to highlighted the pastor's family condition is full of uncertainty itself. This is also an advice for anyone who doesn't have stable incomes with a lot of responsibilities or expenses to pay. Bitcoin is not an okay alternative to invest with pension money or someone who has a small fixed income.
3  Bitcoin / Bitcoin Discussion / Re: Bitcoin is risky on: Today at 02:58:48 PM
I couldn't agree more. Moreoever, I blame social media' investment influencers who are hyping young people to jump into cryptocurrency without making them understand the risk first, I was also one of them and had to learn it the hard way. We have to learn about cryptocurrency from someone who could give us the objective overviews on its pro and cons without trying to brainwash us into joining them but ended up selling some private classes.

We should do our own research and deep understanding about investment, trading, and cryptocurrency before deciding to join the hype
4  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin play a role in the country's economic growth? on: Today at 02:52:40 PM
If one day all of countries or most countries in the world have adapted and integrated cryptocurrency, in this case is Bitcoin, into their governments' fund system, the way we trade Bitcoin will be different. Us, independent traders, will rely more on big country's move/news towards Bitcoin in buying or selling our asset because it will highly affect the global market. The way I look into it is it will be more similar to how we trade Forex.

This is just my speculation, but sure for now Bitcoin would play a big role in a country's fund system since not many countries has adapted nor regulate bitcoin, and I believe that the first big country who has succeeded in fully adapting and regulating Bitcoin will be a pioneer which will affecting other countries who are trying to follow its path and might set the rules for Bitcoin regulation globally in the future
5  Bitcoin / Bitcoin Discussion / Re: Say no to maximalism on: Today at 02:43:10 PM
If we consider how Investment trend has shifted several times in history and nowadays' trend is about cryptocurrency, I think that more people will follow this mindset because of social medias are making people join the trend out of the Fear of Missing out. It is becoming worse especially after a lot of so-called Investment influencers are talking about it massively and has fed on internet users' fear of missing out especially on nowadays' uncertainty on economy and making money.

If this cryptocurrency has becoming more common among all people in different age has accepted it, since we know older generation are still being skeptical towards it,  perhaps when their skepticism are gone, people will start to look for another alternative to invest their money on something, probably property will rise and become a trend again, we never know
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