Bitcoin Forum
June 14, 2024, 12:57:11 PM *
News: Voting for pizza day contest
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1] 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 ... 135 »
1  Economy / Economics / Re: Economic Implications of War on Individuals on: Today at 01:55:28 AM
- are there any business that I can do during a period of war so as to sustain my family?
It all depends on the conditions because in a war situation sometimes there is no other choice but only to think between life and death. If your country experiences a prolonged war, it would be better for you to leave your country and go to another, safer country so that you and your family can survive. If you don't leave a country that is in a state of war then it is very difficult to survive.
In war conditions, of course each person can determine a better life choice than surviving in war conditions and choose to leave a country that is experiencing war so that they can have a better life because to be able to live in a country that is experiencing a prolonged war condition of course it will be difficult for us to be able to look after the families we have and it will be impossible to get a job in war conditions, making it very difficult for our economy.
2  Economy / Economics / Re: Should there be a limit to investing in your children? on: Today at 01:39:13 AM
To teach children, we have to get used to behaving according to what we expect from them. we have to set an example for them so that they imitate what we do. the same as investing for children, this aims to ensure that their lives will be guaranteed in the future, moreover we will not know what will happen to us in the future, that way as time goes by children will understand what we are doing and they will do it too because it is considered something good to imitate
When giving a good example to children, of course we must first do the things we will model for them ourselves and it is impossible for them to imitate what we do, because every child tends to imitate what their parents do, so it is important for us not to do things that are not good in front of our children if we don't want them to imitate what we do, if we want our children to do things like investing of course they will try to learn about this and it would be better if we could teach our children about investing for their better future because with investment this will certainly enable them to manage their finances well and not use their money on things they don't need.
3  Economy / Economics / Re: Don't live above your affordability on: Today at 01:21:17 AM
There’s no need to try and show off money you don’t have. And even if you have money, you should focus on making enough and not spending it just to show that you have it. One of the things that differentiates a wealthy man from a rich man is that wealthy men are calm. They are more relaxed with how they act, spend, and speak. They are mostly humble and simplified people. But those who are merely rich with no constant source are usually the ones in the behavior to act out.
Showing off the achievements we have achieved will certainly make someone arrogant and it would be good if we could spend the money we have well, not on things we don't really need, of course this will make us have financial problems, of course not everyone wants it.

In my opinion, what differentiates rich people from poor people is not the luxury of their appearance, but how they manage their money and if they cannot manage their finances well of course they will experience financial problems, and for those who can manage their finances. Good finances will of course be able to spend their money on things that are beneficial to them and will also not spend their money on things they don't need.
4  Economy / Trading Discussion / Re: Lack of capital or knowledge, which one is holding traders back from profits? on: Today at 01:05:03 AM
Exactly Knowledge is the game here, if you have the knowledge you can in one way or the other raise funds to trade to make profits but when it comes to knowledge it becomes a big challenge because trading isn’t something that for majority of people they find it easy to grasp, it also involves experience to be able to profitable in trading, get the knowledge first and wait for the funds and let's see how you won't profit, knowledge is therefore the major challenge that most traders face to become that profitable trader they wish to be.
Knowledge is of course very important for those who try to make a profit from the trading they do because without knowledge it will certainly be difficult to make a profit from trading, what you say is very true, it is not easy to understand trading, so it is important for us to be patient. when studying it and it would be better when trying to trade we can do it by focusing on analyzing the market so that we can make the right decisions so that we can make a profit from the trading and regarding funds of course you can use a little capital first and after understanding and having experience in the trading that we do, of course we will be able to try with larger capital to be able to get profits according to what we want.
5  Economy / Trading Discussion / Re: Achieving a goal on: Today at 12:30:15 AM
Achieving a goal by going through all the processes is more beautiful than achieving without any process in an instant way, because when we have reached the point where we have dreamed of for a long time, we know how to go down and we know how to go up again, because we reached up there by through all the obstacles and processes.

Likewise with trading for beginners, they have to explore knowledge about how it works, how to reach the point where we have been waiting for, there is a process and obstacles before we start, so before starting, learn everything first and understand it. First, what is trading and how does it work, once we understand all of that, it will be easy for us to carry out trading and investing.
Of course nothing can be achieved without going through a process and the best thing is to go through a process, of course we have to be patient and continue to learn to be better than before because without continuing to update the knowledge we have about what we are doing, of course this is absolutely impossible. can achieve the goals we want.

As a beginner in trading, of course they have to study this well before trading and they also have to be patient in every process they have to do and don't give up easily when going through the process, because everyone who is just starting out has certainly experienced failure and of course they have to improve. This is to be able to get what they want from the things they do.
6  Economy / Economics / Re: Is it still possible to retire early? on: June 10, 2024, 05:35:43 PM
With the current situation, it is difficult to live well with life's competition continuing to increase, and in this situation, some people will feel this, even though we have income and meet our needs, but in the next few years we may no longer work with this situation, retire early Of course it is an option but it depends on their level of strength, it is difficult to say that at their old age they will still be working but the advantage is that they are blessed with good health, let alone hoping to retire early, which is quite difficult to do depending on a person's mindset and their readiness.
With competition to achieve a prosperous life continuing to increase, of course we must continue to develop our potential so that we can still have an income that can meet our needs and we must have long-term planning. If we can no longer get a job, we must can carry out an activity that can give us income, such as by having skills in a certain field, we will continue to be able to get income that can meet our needs and if we have to work until we are old, of course that will be our fate because we have been late in preparing old age when we are still young and it will be better when we are still able to do work, so never delay which makes us lazy and we will feel this when we have to work until we are old.
7  Economy / Economics / Re: Leadership and Economics on: June 10, 2024, 05:16:11 PM
Take trade deals: its not just numbers, its about understanding cultures and building lasting relationships. Corruption can poison everything. When leaders chase personal gain instead of whats best for the country, things fall apart. Without honesty, accountability, and leadership that cares, no amount of trade will save an economy bleeding from corruption

Look at Singapore's transformation under Lee Kuan Yew: small port city to global powerhouse. That wasnt just trade, it was cracking down on corruption and relentlessly innovating. That's leadership that makes growth happen. Compare that to resource-rich countries going nowhere. Leaders talk change, but nothing changes. The difference? Leadership that puts people first, not their own pockets. A leader's legacy isnt their bank account, its their commitment to real progress and their resistance to corruption
Economics of country depends on many criterias. Leadership matters a lot to give strength to the country but mostly politicians came in politics only for corruption. In my country, Chief Minister did a big scam and he took billion of dollars from the country 's money. If politician will do that kind of work ,progress will not happen and country will go down and down . People pay taxes from their income but government don't use this money on a constructive thing. But one I want to add , politics will be same kind as the kind of nation because they selected them as a leader.
Having a leader who thinks about the interests of many people will certainly give strength to a country and will even make the country better in all fields, but if a country has a leader who only thinks about the interests of a group of people, of course the country will slowly lead to destruction and this cannot be improved as long as their leaders do not think about the fate of many people and to be able to make changes in this matter is not an easy thing to do and if they have awareness of what they are doing, of course it is very detrimental to many people but they never think about how the fate of their people.
8  Economy / Economics / Re: Things to avoid when you earn a lot or become rich on: June 10, 2024, 05:00:20 PM
Most people become ostentatious after becoming rich.  It means they want to show everyone that they have a lot. And this is a disaster for them. Because they get so caught up in the show-off game that they buy things beyond their means. This puts them in debt. More debt is the cause of their emotional pain.  Turns out. Everyone should plan to live a normal life. Live within their means. And pay off debt and live a healthy life.  If we notice, we will see that many rich people own a lot of debt. And everyone should have a plan to use it properly after earning a lot of money and arrange how to get profit from that money. Otherwise, they will sit and eat.  Money will run out one day.
When some people become rich suddenly, their behavior and behavior changes a lot. People who become rich in a short period of time often try to oppress people by telling them that they have a lot of money and that they are very rich. We should  No matter how much money we have, we have to treat everyone well and earn honestly. If we can live with our family with honest income, it is a big gain for us.
When someone can get their wealth easily and their behavior also changes, of course they have never experienced difficulty in making money so they think other people don't do anything to get money, really they are very arrogant about what they have managed to get and I think people like they won't be able to survive for long with what they have and other people will also dislike that person.

I agree with you, no matter how much wealth we have, we must still be able to treat other people regardless of their background and it would be better to treat everyone equally and not discriminate, by having an honest income this will certainly make life better. what we do is better and we don't have any burdens because the income we have is not in a way that violates the rules.
9  Bitcoin / Bitcoin Discussion / Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do. on: June 10, 2024, 04:40:17 PM
People that are asking this question, are not confused, just lost.

If you trade Bitcoin, you are risking of losing your underlying Bitcoin in a bad trade. A lot of average day people do not have the right temperament to be professional traders. An online ebook course is not going to be enough for them to outsmart the trading bots, and the professional crypto analysts.

The smartest thing they can do is buy what they can afford, and hold it.
I think each person has the right to determine what they should do with the Bitcoin they have, whether for investing or trading, but there are some people who can actually benefit from trading and this is not a problem for them because they understand well how it works. Bitcoin and for those who don't like the challenges of trading, of course they can choose to invest and this is very easy for anyone to do and they must be able to hold it for a long period of time to be able to make a profit.
10  Bitcoin / Bitcoin Discussion / Re: How many Bitcoins do you own or have you collected until now? on: June 10, 2024, 04:25:51 PM
I am not going to answer that.  Grin
Let's just say that I consider bitcoin to be my early retirement plan and also my pension fund. It's filing up nicely, but I am planning to add more to it before I consider myself done and ready to ride into the sunset. When that will be, I don't know.
Indeed, it would be better for us to never tell the public how much Bitcoin we have collected and only people who we can trust need to know, because if we tell other people it is possible that people will have evil intentions and of course this will be very detrimental.
Choosing to collect Bitcoin as planning for retirement is of course very possible because we can all see that Bitcoin will always be able to give us profits after being able to hold it for a long period of time.
11  Economy / Economics / Re: Banks have money but they don't cooperate on: June 06, 2024, 12:56:57 AM
This is the reason why I don't personally like banks because of these reasons one, you put money on them but you can't take it all out at once especially huge amount. Second is that they don't lend you money without collaterals so it is not friendly for poor people. Third, they will interogate and need to know the reasons of every transactions you have just to approve it, I mean you have the money on them but you don't have full control of it because they do. That is why crypto is the best coz your key your crypto no bs.
I agree with the reasons you mentioned for saving money in the bank, of course this will make it difficult for us if we want to withdraw the money we have in large amounts, there are many requirements given and we have to fulfill them if we really want to withdraw the money we have in large amounts and if we If you can't fulfill it, of course you won't be able to take the money even though the money we are going to withdraw is our own, but the bank has full control over the money we deposit with the bank, in this case they are the ones who get more profit from the money we have, because they They use the money we have to lend to their customers who need loans and they get a lot of profit from that.

If you choose to use crypto as a place to save, of course you have to study it first and after understanding it well, we can use it as a place to save the assets we have, but we also still need a bank for emergency savings so we can use it when we need funds. because with crypto we cannot yet use these assets as a means of payment and must first convert them to money to be able to use them.
12  Economy / Economics / Re: Poor people need solution now on: June 06, 2024, 12:34:51 AM
People who do not have good finances currently certainly demand that the government provide solutions that are beneficial to those at the bottom, because currently many of us are feeling the impact of the recession facing the country which is causing economic difficulties for people who should be in need handled well. by the government.

The presence of the government to help the lower levels of society in our society is eagerly awaited by him, because they need training or work commensurate with their salary which can improve their finances, which will ultimately have an impact on reducing community poverty.
Indeed, there is nothing wrong with hoping for assistance from the government to be able to provide solutions to the economic problems being faced by people at the lower levels and of course it is the obligation of the government to think about the fate of their people to face these problems, but if we continue to hope assistance from the government, I think we will be lazy to explore the potential that we have and it would be better for us to have the potential in ourselves to be able to face the economic problems that we are experiencing and by having skills it will certainly be easy for us to have income from the skills that we have Of course, this will help us in facing difficult economic conditions.
13  Economy / Economics / Re: Marketing Strategies in the Digital Age on: June 05, 2024, 03:50:42 PM
This strategy of relying on platforms or television is a big waste and costs a lot of money, but the results we will get are uncertain, and what we need to know is that now many people are ordering, but when the goods arrive, people don't want them. pay the price of the goods, and cause the seller to suffer losses.

Advertising on platforms nowadays is too much so many of us also consider this to be annoying, but there are also those who are happy with this, this is just a perspective.
In the current era of digitalization, it will certainly make it easier for someone to market the products they have, not only can they do it via television, they have other choices that they can make to market the products they have, of course they have to choose what benefits them and the goods they promote can sell easily so they can make a profit from the products they sell.

If you choose to shop online, of course you have to be very careful in choosing a place to shop and it would be better if you looked at the history of the shop first, whether it has good credentials or not, of course we don't want the goods we buy to be inappropriate. with what we have ordered.
14  Economy / Trading Discussion / Re: When is the best time to trade a Bitcoin on: June 05, 2024, 03:31:09 PM
When you trade in Bitcoin no one can say you that this is the time to trade in Bitcoin. When you do extensive research about the market you will know for yourself when to trade. You have to patiently spend time on market research, you have to do it consistently. You can take entries to trade when you understand whether the Bitcoin market will rise, fall or remain flat. OP, I don't know how skilled you are in trading, but you should always keep in mind that Bitcoin is a currency of highest value and should be extremely careful there.
Indeed, we should do our own research before starting to trade so that we know the right time to trade Bitcoin and after seeing that the market conditions are good for trading Bitcoin then we can start and this will be very difficult to do because the price of Bitcoin moves very little so it will be difficult. To gain profits from trading Bitcoin, of course we have to be very careful in trading Bitcoin if we don't want to experience losses from the trades we make.
15  Economy / Trading Discussion / Re: Trading is not a lifetime job. on: June 05, 2024, 02:59:39 PM
Trading is never a lifetime job, well said from view.
If it is not for you does not mean others will not take it as a lifetime job, there is no mental stress once you fall in love and develop passion for Trading, our daily jobs, routine, and other activities are also mental requiring, what about individuals practicing professional courses.
You see, am not against you because everyone is entitled to there opinion but Trading is not that complex as we profess it to be.
And I think this will really depend on a person's desire to trade, because anyone can trade as they like and it will be difficult for someone to survive for a long time in the trading they do if they keep failing and it will be easy for them to survive if the trading they do continues benefit.
For some people who make trading their life's work, of course they understand well what they are doing and will not be burdened by the things they do because they love every process they do in trading and to be able to do it of course they must have experience and understanding. who are good at the trading they do.
16  Economy / Speculation / Re: What is going to happen with Bitcoin now? on: June 04, 2024, 04:09:41 AM
Only to those new people or investors or simply newbies are the ones who do have this kind of line on which they do really believe that the market would really be moving on a straight line on which
it would really be something that be normal but you should really be needing to changed up this kind of mindset and belief because this isnt how this market behaves or works. Sooner or later you would really be able to find for yourself on how feirce this market is when it comes to movement and total randomness on which we know that this market is really having that kind of main trait.
What would happen on Bitcoin now? No one really knows on where it would be going
I think as a newbie it is normal, so let's not totally stress our selves about them and I'm sure they still can realize their mistakes later on just like most of us here when we are still starting. I think there are still newbies who like how fierce this market are and it's great in a way that they will not be shocked anymore.

The demand will stay as long as there are no bad things that will happen to BTC. If in terms of the halving, there are people who are excited but there are those who got turned off because they are impatient. I think their numbers are low compared to the other, so BTC won't go down a lot but it can only recover later on and pumped up.
Every beginner will of course do that and most of them don't understand it well and most beginners will mostly insist on getting profits quickly and this is very difficult to get but once they realize this of course they will be able to do it correctly and be able to make a profit from what they do.

Everyone will of course continue to collect Bitcoin and they will believe that in the next few months the price of Bitcoin will increase and this will be very profitable for them, but for those who do not have patience, of course they will not be able to survive to make a profit.
17  Economy / Speculation / Re: The attractiveness of Bitcoin among my friends on: June 04, 2024, 03:50:31 AM
Well I also open up my crypto investment with some of my friends and family before, only few find it interesting or become interested with crypto, then later on those few people got bored and quit.
They don't really want to stay when the market bleeds, they only joined crypto when it was raising or being hyped.
Most of my friends joined when Axie infinity was making such load noise on being P2E then after it falls down all of them just quit and didn't try other things in crypto.
When you invite your family or friends to invest in crypto, of course there are those who will accept your invitation and there are also those who reject it for various reasons they have. Of course we don't need to pay attention to those who don't follow suit, but we have to really teach them about investing and will It's better to advise them to continue to explore knowledge about crypto so they can make a profit.
Every beginner will of course panic when they see market conditions that are experiencing a decline and it would be better if they could use this moment to continue accumulating the assets they want to be able to make a profit when prices increase again.
18  Economy / Economics / Re: Personal Financial Goals vs Government expectations! on: June 04, 2024, 03:35:17 AM
The definition of middle class may vary from country to country, but in many countries it has a definition like you said. As a result of poor economic management, the middle class disappears and classes are determined as very rich and poor.

As living conditions became difficult, the middle class lost its economic power. The rich got richer and the class gap widened. This situation affects society negatively. Increasing the difference between classes means that there is injustice in the distribution of resources.
Do you think differently about this, they could deliberately eliminate the middle economic class for the purpose of becoming 2 different groups namely the rich and poor class, this is for the purpose of increasing tax revenues because some of the middle economic class are included in the rich class with the rules that have been updated with the same percentage amount that must be paid in tax.
If the government really thinks about things like what you mentioned, I think it will look good, because if all the taxes that people pay are different between the poor and rich classes, of course this will make the poor people continue to pay their taxes because they are in small amounts and for those who Those who have a lot of wealth will certainly have to pay more taxes because the wealth they have will be able to pay the taxes imposed on them by the state.
19  Economy / Economics / Re: Money and wealth is Energy know this first on: June 04, 2024, 03:17:06 AM
Who you hang around with will determine how successful you’ll be in the nearest future and it is completely true. Humans are like a photocopying machine. It is very easy for a behavior or lifestyle to be copied from another individual. And wealth is a lifestyle because what makes one wealthy is more than money. So if you hang around a wealthy person, you’ll start photocopying their behavior (which in the end is why they are wealthy), and before you realize, you’re just like them! Same case for the wrong people.
I also agree with this, if we choose to hang out with successful people then this will motivate us to be able to achieve success like what they have achieved and if we choose to hang out with people who don't want to change their lives for the better of course they will never develop and continuing like that will certainly be very detrimental to ourselves and it would be better for us to choose friends to hang out with who have long-term goals so that we can also prepare for a better future than now.
20  Economy / Economics / Re: Is renting an inevitable waste of money? on: June 04, 2024, 02:30:00 AM
Renting sometimes is not a waste of money because it helps. For example, when someone have an appointment in a place that's not his or her home land, maybe he's just there for some time like six months or for just a year and this person doesn't know anyone there, what do you think would happen? this person would have no other options than to rent an apartment.
But the major thing there is, it should not be done in an extravagant way. One should just go for the one that is affordable.
Agree, not everyone has a capable to buy their own land or houses and the easiest way to have a comfortable and not that heavy to their pockets is to rent a unit or house, unless they have an expected house or place to live from their parents, but if not? no choice but to rent first and at the same time save up a down payment to buy a house, because it is better to get your own land while it is still early because the value of the land increases every year.
It's true that not everyone has the ability to buy a house, especially if they don't have a job that earns enough income for them to save and buy a house and there's no harm in renting first and preparing savings to be able to buy a house where they can live, for some people who already have an inheritance Their parents' house certainly won't be busy for them to think about where to live and if they don't want to live in the house their parents gave them then they can rent it to someone else or sell it to buy a house that suits their wishes.
Pages: [1] 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 ... 135 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!