yeah that really helps. With additional work, I can save and invest more confidently because I have free money that I save. On the other hand, I still have money for my daily needs. we really need additional work if it is to make us want to develop financially so that we become people who have far more financial freedom than continuing to be employees.
if you have free time of course that's great but if the main job takes a lot of time and already has enough income I think a side job is not needed anymore. side jobs are only needed by people who have a lot of free time and lack of money. our body also needs rest so that must also be considered, not only because of money everything has to be chased. There will always be people whose salary is not enough for them not only to support the family but also to pay the bills and in most cases freelancing is the key to achieve that, even if it means they almost have no free time and almost their whole day is consumed by work. Nowadays due to expensive goods and other necessities, it is also very optimal to find extra income, but the problem is nowadays too due to high supply of freelancers and lack of demand, the competition of applying to decent paying ones are very high, that is mostly you can see in most cases several freelancers are flocking to apply on that said position. |
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I'd like to say that they failed to rally every people's support to have continue using their service. Aside from that, their job is to manage belongings from other people and they don't have the control for their people whatever choice they will make regarding money and economy, which is why they will be doing whatever it takes to badmouth other money making strategies if it happens that they cannot get their hands on that particular strategy. That's what usually happen in crypto since it is decentralized ecosystem.
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The effect of crypto currency adoption is the decentralization of financial transactions, with that it allows for more secure and transparent transactions, without the need for intermediaries like banks. It can potentially reduce the cost of financial transactions and increase financial inclusion for people who do not have access to traditional banking services. Potential for increase for privacy in financial transaction is another effect. Crypto currencies like Bitcoin allow users to make transactions without revealing their identity, which can be beneficial for people who are concerned about privacy.
We can see from the stats provided by OP that more and more people are becoming aware of crypto in general. Although some aren't paying much attention, it could be said that they are already aware about its presence and the possibility of switching from traditional payment system to electronic payments. Compared to before, people will just say "nah, it's another form of scam again", but now they are willing to learn more about being cashless as what we can notice in todays society in which we are already inclined to technology that we always keep pushing since then. At the very least it won't no longer be new to people since even banks are slowly introducing crypto to their customers although they aren't pushing it too much due to its risk, but it is already considered a well done if I would be asked. |
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If you want us to add more of those what you have listed above OP, I guess I will say this generally to all investors that they are someone who are ready to what to come on their investment since they knew that what they have invested in the first place is a kind of risk that is ready to lose anytime. They aren't expecting something in return but they keep tracking what's happening on the market and the whole economy in general. The same as gambling but less stress, and the amount they invested can be said as a deposit they make in the bank but they're the ones responsible to what will happen.
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Most of the tech stocks are doing well like Nvidia, Apple, Facebook, etc. Everything else is not doing too well. Many are trading at 52 week lows. Even many of the large cap stocks like Intel or 3M.
You are better off waiting to be honest. Wait for a recession and then go buy some stocks cheap. If it never happens then don’t buy any stocks just buy bonds. You can get 5% now and it’s risk free pretty much.
Also at the very least you won't experience too much risk, and if I were to choose also which stock to buy, I would prefer to buy stock which is related to techs as what most of you guys also suggested since obviously speaking people are already anticipating about modern technology aside from what we are currently experiecing today that we are more inclined to technology compared to years ago. Aside from twitter that has uncertain path as to which they will be going, most of the tech related stuffs nowadays are good to go if you want to consider investing into tech related stock. |
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Most of the asian household would probably think this way before. If I am on his shoes I would probably choose to stay silent since I am not that confident on what to come on the next generations, but for sure it will surely revolve in modern technology related to crypto and blockchain. Even if most of the elders nowadays deny that fact, it is argueably true that nowadays we are more inclined to technology that is not commonly welcome on most older generations.
I am also somehow on this similar situation in which most of my aunts and other family members who are professionals are pressuring me to not only follow their footsteps but to surpass them in terms of position and wealth, but the downside is that they want me to follow whatever they say
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I think compared to my country, working overseas is more guaranteed but unfortunately I have parents who can't be left behind because of that I took a job abroad via remote. in that way I can work and get the facilities provided and even be made like a good employee in a foreign company. Even so, I think we have to be careful because if you look for jobs online, more scams are found.
I am quite moved by what you have to say. you say that you have parents who are impossible to leave. from these words I judge you are a person who loves your parents sincerely. But you have done well by still being able to work online at a foreign company. And that is an extraordinary achievement. so you can still get a salary at foreign wages but still be able to be at home and accompany your parents. good luck guys. Most of the reasons why some of us even here in my own country leave to go overseas is due to their families. They wanted to support their families including their old parents to give back to all the sacrifices they made when they were still young. Back then, when someone no longer has an option as to where to get a decent job that pays more than our minimum wages, some people will willingly go out of country to work and would be gladly be called slaves just to give their family brighter future. Us who are living in the third world countries will only depend on that kind of jobs back then, since most of them didn't graduate with a degree or there are several circumstances that could prevent them from taking decent jobs such as lack of opportunities or they are not qualified enough due to high standards in our economy. The good thing is that, what I admired about this people are their tenacity, in which even if you can see that there is almost no hope for them, they will find a way to survive without commiting illegal deeds or doing something against their principle. The same situation also occurs in my area. that is, most of the people who go to work are national families because it aims to be able to help their families who are at home. so that they can earn more money from better and higher wages in other countries. and hope that parents at home can be more financially assisted. Because indeed if we look at the minimum wage in developing countries we know that the current minimum wage is too low when compared to the increasingly high prices of necessities. so that some people are even forced to work abroad just to get a more decent salary and so they can support their family at home more properly. and it has been proven that many who work abroad when they return to their homeland are financially better off. but it seems that if it's about moving abroad then I'm pretty sure even with the economic conditions in developing countries it's not very good. but it seems that the people here are more comfortable to stay in their own country. and they only want to go abroad not to settle there. but only to get a bigger paycheck and come back home having made enough money. because of the fact that 3-6 months of standard salary in America can even buy a decent house in Indonesia. This is one of the several reasons too. Another thing is that, due to lack of opportunities as I've said above, the competition on acquiring such jobs are very high, and in the end the local companies or even the government will have to choose someone who is the most capable among them, and since as I've also stated that most of my fellow citizens didn't graduate with a degree they will end up failing to acquire the position. Another reason also is because of that competition, some companies requires a lot of paper requirements that most of the times you will spent a decent amount to have them, that is why the only solution they see for those who wanted to sustain their families is to get a job which doesn't require expensive papers that is decent enough to support 5-6 family members at the same time letting the younger kids go to school, and that is going abroad or overseas. |
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I think compared to my country, working overseas is more guaranteed but unfortunately I have parents who can't be left behind because of that I took a job abroad via remote. in that way I can work and get the facilities provided and even be made like a good employee in a foreign company. Even so, I think we have to be careful because if you look for jobs online, more scams are found.
I am quite moved by what you have to say. you say that you have parents who are impossible to leave. from these words I judge you are a person who loves your parents sincerely. But you have done well by still being able to work online at a foreign company. And that is an extraordinary achievement. so you can still get a salary at foreign wages but still be able to be at home and accompany your parents. good luck guys. Most of the reasons why some of us even here in my own country leave to go overseas is due to their families. They wanted to support their families including their old parents to give back to all the sacrifices they made when they were still young. Back then, when someone no longer has an option as to where to get a decent job that pays more than our minimum wages, some people will willingly go out of country to work and would be gladly be called slaves just to give their family brighter future. Us who are living in the third world countries will only depend on that kind of jobs back then, since most of them didn't graduate with a degree or there are several circumstances that could prevent them from taking decent jobs such as lack of opportunities or they are not qualified enough due to high standards in our economy. The good thing is that, what I admired about this people are their tenacity, in which even if you can see that there is almost no hope for them, they will find a way to survive without commiting illegal deeds or doing something against their principle. |
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Getting married nowadays requires a lot of consideration not only in terms of finance but also in terms of accepting responsibilities and the fact that it is sure that you will face hardships in different aspects in life. I wouldn't dare to judge someone if they wanted to be financially stable first before marrying or they wanted to marry someone who is rich because they wanted to start their married life with good amount of resources since it is their choice, but marrying only because of that is no different from improsining yourself or getting arranged marriage. I don't really know for sure how married life goes since I haven't been there, but one thing is for sure, being married because of only money will lead to a lot of conflicts and more hardships in the future due to different perspectives, opinions and how to handle those problems encountered later on, and would probably don't have unity as a family.
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it is undeniable that there will be more people who think that bitcoin is a place to make money and can realize their aspirations as rich people. those who preach that bitcoin is not worth it as an asset are a line of hurt people who may have experienced a loss from a bitcoin investment. but I don't blame them because everyone will have their own judgment about bitcoin. and usually those who are unstable will feel disappointed when bullrun comes, and of course they will feel ashamed of themselves
Mostly people who don't invest in bitcoin and have zero knowledge about bitcoin say that bitcoin is a scam or bitcoin is dying. Theoretically, there is now way that bitcoin can die just like anything. Those people who is shouting don't know how bitcoin works or they got scammed by anyone and now blame their foolishness in bitcoin. It is better to avoid them and ignore heir shitt talking. What most people tend to ignore is that most investments have slow returns and they still needed to wait for a long time before they can feel their own profits, unlike bitcoin in which you can either lose some money by selling it low or they can gain profit almost instantly due to its nature being too volatile. This kind of thought was taken advantage of by some influencers or even advertisers in which, they will lure people thinking that they can earn instantly without even telling people what bitcoin really is. Along those lines, there will always be few people who are thirsty of knowledge and curious to some extent that they will personally dive deep into what blockchain and crypto really is and their purposes. Yes, it is true that you will somehow earn profits by doing trades or speculating and reading the market, but is that what really bitcoin composed of? Thoughout the years I am already tired explaining to people what bitcoin is coz most of the times the people who approached me always have this same question they always ask "is it true that you will earn or become rich through bitcoin?", something along those lines. |
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You are absolutely correct. It's crucial to exercise caution when providing your credit card details to any platform or service, particularly online. There are some very basic precautions that you need to take, such as checking the SSL and security information, make sure that you trust the payment platform and do not pass the data directly to the site. Even being very careful is easy to fall for scams.
same reason why we not need to let our credit cards involved in gambling , because this is for me is over acting to gamble . we have money or cash that can be used then why need to extend the usage to our credit cards? also what you mentioned is completely correct , there are easy way for them to scam us using our credit cards. sometimes even if we are dealing with legit and trusted sites , yet the chance of being scammed are there . Indeed it is true that you are risking a lot not only your personal financial information but also along with your money, and if I were on that position I would immediately decline the transaction so it wont proceed any further. Also, if it happens that I won something from that particular platform, here in our country it is somehow not tolerable if that money comes from gambling, and we all know that almost every country do question every transaction if ever that money was gained from your gamble (since most countries deemed it illegal). It is also true that you might even lose your bank account if things wouldn't go on their standards and you might even be penalized for attempting to hide the fact that it is illegal or for some countries there is no tax when it comes to gambling. |
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Gambling should be your choice, you shouldn't let anyone compel or persuade you into it. Saying that gambling is a choice sounds like a BS excuse to me. Doing drugs is also "a choice". Becoming an alcoholic is "a choice" as well. Ruining your life is a choice. Sometimes the people lose control over their behavior and their choice suddenly becomes an addiction. Being addicted is not a choice, it's an illness that has to be cured. The life story you are describing seems like a scam to me. Letting someone else manipulate and scam you is your choice, but that doesn't mean that it's your fault only. The scammer is also guilty of manipulating and scamming innocent people. In my opinion it is a choice of negative things from a person, and it all returns to a person's nature whether he is an addict or not, or gambling is just a hobby for the pleasure of his daily activities, sometimes the nature of wanting to know more than what they have not felt when they have a lot of money, so whether the money will be used to gamble or buy drugs or vice versa the money that is owned for the necessities of life, everyone's choices and the nature that is in a person are not too similar, so that's why we can judge someone from when they have a lot of money or not at all.. Whatever results we are getting from gambling we need to know that we choose that way and is the outcome of what we have chosen. We don't need to blame people around us for the results we are getting. If we don't like the results we are getting, we can better still work on how we make our bets so that we don't end up losing big from what we are doing. Gambling is a choice we need to know and accept any of the results we are seeing. Those we keep making consistent winnings have paid the prize and still paying so we don't need to see it as a shortcut we can take to get the kind of results we are looking for. Once you decided to gamble, it is already a surefire loss, it is only up to different factors whether you will win or lose just like luck, and as you'be said that it is also your decision on what to do next, either you will try to gamble again or will just immediately stop. Gambling is your own responsible, not other people, and it is not also right to let other people decide it for you and will end up blaming them if ever you'll lose. There have been so many cases of this kind of situation before where they tend to be swayed easily only to end up losing big and struggling to get out of that pithole of loss. As they said "gamble responsibly", coz in the end you are the only ones who will eithee benefit or suffer, that is all up to how you handle your gambling habits. |
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Honestly I first learnt to trade was when I was waiting for pump and dump signals, nothing really is grest since anyone can just dump in your face. Since that is the case and luckily I noticed it sooner, I tried to do trades by myself, or more specifically I buy and waited to earn even a few cents before selling. My strategy back then is pretty simple, bit or small profit is still the same profit. After exploring moee and more inside/outside of this forum, I tried my best to figure it out as soon as possible since I know thaat I'm way behind the walls called "financial freedom". I mainly focuses on earning money to be able to sustain my trades without touching whatever little that I earned. As they said also "learn by your experien" which is why I am just playing what I can without spending so much time that we have alreadĺy.
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-snip-
I would not teach children Bitcoin. They are children after all. They will have childhood only once. I dont want them from very beginning of their life to start to think about "how to earn, how to get a career, where to invest, how to get money and etc". Let them enjoy their life. They have plenty of time to learn, to work in future.
It is the personal right of everyone to teach their children or not about Bitcoin. Children are synonymous with play. But we as parents also have to be smart about how to approach Bitcoin in ways that are specific to children. Not like the general ways that make us think hard. No need to tell them how to get income from Bitcoin, how to mine Bitcoin, or how to invest because we know they won't be able to accept it. We only need to do a playing method that includes Bitcoin characters in the game, such as using the Bitcoin logo in a guessing game, or other games. There are still many ways that can be done. I also won't burden my child's mind with the knowledge that they shouldn't know yet, this is just an introduction. As most parents would say that, "Children would follow your example not what you say", since children will always look up to their parents as their role models, which is also why it is better to show them how to manage finance or show them how to be more financially practical in their way of spending than teaching them only the structure of investments or bitcoin. Indeed Bitcoin is some form of store value, but without financial awareness they will only spend money the way they were taught or maybe they will be influence on their peers or the whole generation thing. |
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At first I thought is power than anything, later on I said it's should be economic resources, then I realizes is money. I will give a brief poem here! The breeze blew and stake moistures and when it blew hales, it was just the breeze moving while the moistures is running away with fears.
The mist of human fears is control by what is next to their breath. Money has power than anything, money makes one feels secure, alive and superior. When money leaves we felt life is gone, we feel dead, we feel empty, we feel hopeless.
Currently my country government has turn humans to museum, moving without no direction, helpless and monuments because for over 3 months now the government has seized to release money in circulation, banks refused to fix money in ATM's, no canter payment.
Everyone is helpless, no money no good food, no transportation, no job, no love, no smiles, no good health.
Money drives away every feelings that makes life better. Money is truly powerful
Money is just currency. Thats all it is. Currency used to be pigs and cows and chicken, basically anything of value. And what is value? Something that someone needs or wants. At some point people realized that trading in a chicken for something else can be quite difficult, as you would have to physically carry a chicken around with you. So they invented something that can be carried around traded for anything. Coins, paper, cards, doesn't matter... All we have been doing is refining the concept of trading something for something else. Thats all it is. Money is the flexible medium with which we trade those goods and services. Over time, both things and services have become easier to obtain, so their value has fallen. Staying alive and fed has become affordable for almost everyone now and at some point in the future luxury will also become affordable for all. And maybe, someday, we will no longer have a need for money. Indeed, money has been the perpetual yardstick of worth, the universal apples-to-oranges converter, be it in the guise of livestock, crops, precious metals, or the new kid on the block, Bitcoin. But wait a moment! Your quip about toting chickens for trade, it's a slapstick image, wouldn't you agree? Without a doubt, the streamlined simplicity of our current financial systems puts the clumsy barter of old to shame. Yet, as we march confidently into the brave new digital world, are cryptocurrencies like Bitcoin just a continuation of this monetary metamorphosis, or are they a full-fledged revolution? While tangible cash evolved to accommodate convenience and scalability, digital currencies strut onto the stage offering autonomy, anonymity, and discard the old-school notion of trust. They're indeed the rebel yell against the monotonous humdrum of traditional financial frameworks. As for envisioning a future devoid of money, that's quite the whimsical concept. However, considering resources are as finite as a sitcom's original jokes, won't we always need a way to distribute these goods fairly? Money is that way. Perhaps our future involves a shift in perspective, changing what we hold dear and, therefore, what embodies our money. It's because in reality the more money we have the more influence we can have in our economy, not only in the field of economy but also depending on how you use your money, you can even acquire more money or resources in which you can convert it at some point into money. It might sound like a joke that we are prioritizing money above any other resources, but that's how our world works as of today. Manpower to ideals, all of them requires money that is why people are competing so much just to acquire more money for them to have huge impact on our current economy and to exert authority over the people. |
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In any investment or even gambling, it is best to use your spare money which is different from your savings and your emergency money since anythinf can happen and you will just think of that money as for entertainment purpose only. That means it is the amount in which intended for throwing, it also means if that amount lost, you won't have a hard time accepting such losses.
One thing I commonly noticed about investment and gambling is that, people used to expect too much out of it. That also means the thing called "EXPECTATION", is the one responsible why people always be tempted to greed.
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Remind me of a old child tricky question: "1 million now, or a penny that doubles each day during next 30 days". Many would choose a million right now, while a penny option is much profitable. Some people might calculate and chose a penny option, but imagine what a trader could do in 30 days if he has a 1 million to spend.
Financial education is preferable imho, but what about the situation, when it will takes an experienced person with financial education years to earn his first million, while other person can multiply that million when first person is still earning it?
That second question is the important one. One penny per day that doubles everyday for 30 days is over 5.5 million dollars, so if you are doing that for 30 days then I will be able to wait for 30 days and that's fine. But, if you asked me 1 million today or 5.5 million in 10 years? I would say 1 million today because I can make that into 10 million and more in 10 years anyway. Not just trader but even long term investor could do that and that is why it's so important. People need to realize that we are at a breaking point in the crypto world where it could go up, so if you give me a million dollars today, I would simply put that in top bitcoin and even in the shot 2 year term I could make more than double that easily, probably a lot more. So always pick the million today, makes more sense. I understand that people are not realizing the number, but at the same time that timeframe is the difference maker. In OP's question nothing is guaranteed, I mean think about it, you learn a lot about finance and that means you could make a lot of money but it also means that you may not make any money at all, aren't there any poor traders in the world? I am sure there must be and that's the key part. I believe that we need to focus on that a lot more, we could make a lot more, but we could fail as well so we should focus on what we can do instead, that would be a lot better. I personally hope that the best thing to do is 1 million dollars, at least for me, just get that and no other money is needed, you can live with that as easy as you could hope for. You do have a point since having financial education and awareness doesn't mean you are already insured to earn money by the next day. Sometimes having financial education is only a starting point since there are also factors that may greatly affect you like creativity and ability to utilize your resources. Having money is good but it will only took a few minutes for it to be gone if you are not careful, a million dollar nowadays is nothing specially if you don't know where to spend it. If I have a chance to be given that amount I wouldn't spend it immediately but instead i'd like to learn a thing or two before using it. |
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Gambling as pure joy, without economic rewards, is basically a game. Those exists, where you can even play for free.
But they are not as addictive and fun as the real gambling, because the game itself really is not that amazing, the entertainment comes with the idea that you might win a lot of money.
If you remove the money part, then it quickly loses its appeal.
But yeah, absolutely you should not think that you can make a fixed amount of money gambling, that is just not how it works, I agree.
In gambling, it’s already good if you managed to end up with a profit, but it’s not worth talking about some kind of guaranteed income. This is not a job where you can get guaranteed pay, a lot depends on various factors, from luck to certain knowledge and the ability to manage emotions. I am sure that even if someone manages to earn money here, it is not a stable income, and it all depends on the gaming budget, but 100 dollars a day is a pretty big win and seems unrealistic to me. In my opinion, it is mostly likely that it is a huge battle within you and uour emotions since win or lose you'll still be tempted to try again to test your luck, and saying that you are guaranteed for your next turn positively is not something you should expect in gambling. Anything can happen within few turns, and for sure we've all seen people who ruined their careers due to excessive gambling nor warnings saying "gamble what you can afford to lose", but in some cases it is not always that. I've seen neighbors recently getting divorced due to this lifestyle, and although he is not that a regular gambler but he gambled everything in one night losing not only their emergency funds and savings but also their land titles and properties, and the worse thing is that he also gambled even his few months worth of salary as a collateral. |
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The Nuggets are the better team, I think it just shows how they really are the number 1 team in the West as they finished the job here, sweeping the Lakers. And even if they are down like 15 points at the end of the first half, they didn't panic or what, because they know the caliber of the team.
We witnessed how they made a comeback in just one quarter, and they even took the lead in the third quarter. The Lakers, on the other hand, were able to mount their own run and come back in the fourth, but in the end, the Nuggets still won the game. Well, at least the Lakers reached this level despite their struggles in the regular season. I'm sure they'll be even better next season. The best the Lakers can do in the 4th quarter was to tie the score. And then Jokic and Murray again pushed the lead to 5 with 4 minutes to go and that's it. The comeback was not enough or it's that the Denver team are really prepared in this kind of game. We might as well give coach Malone his due, at the start of the series he was saying that the narrative was on the Lakers. On the other hand the media is not taking Jokic accomplishments and at the end of the series on on the playoff itself, Jokic was on a mission and had one of the best statistical numbers for a big man. Exactly! Which is why media and most fans no longer have a choice but to recognize him due to his achievements. Tomorrow will also be a thrill game since Boston is also in a tight situation and also on the verge of being swept. A lot of my local friends are already predicting that they would be swept since it is not their home court, but it is still not done yet. I am already expecting Miami will be doing a good job playing tomorrow but nothing is assured that they will actually win, since it is obvious that boston will be more aggressive this time around if they didn't want to be swept. We already knew that the favor is on Miami due to their home court but I am still hopefull we'll something game changing tomorrow. |
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There has been discussion about this plan before. But there is no evidence that Bitcoin needs more supply to rise. I don't think such a thing is true. When the time comes, bitcoin, whose supply is limited, will set the price and rise without needing any supply. One of the problems we will face will be the increase in transfer fees. We already know the reasons for this. It will be easier to progress when this is prevented. The real question is how long these price increases will continue. I said that there will be an increase in price without the need for supply, but we can think of the supply here as too much supply. I don't think this will be needed.
If they increase supply, they are no different than any other alt coin. What's more beneficial in this industry is to have more people to adapt and they will be the ones not only to broadcast influence but also to increase demand that makes bitcoin more limited, which means that the value will further increase. We are all drawn from the mentality of exclusivity, this is also why people wanted to acquire things which are not common to other people. They wanted the feeling of anything that isn't achievable by anyone. What our economy needed is advertisement, but at the same time we also didn't want to be desperate enough to beg for others to adapt. |
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