Bitcoin Forum
May 10, 2024, 05:10:25 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1]
1  Bitcoin / Bitcoin Discussion / Maybe I should have taken this risk earlier. on: October 24, 2023, 05:15:38 PM
Till now my parents are bearing the cost of my education, I have recently completed my college education and my parents wish me to complete my graduation by studying in a private university. We have a small cow farm and we have some cows in this farm out of which some months ago my father sold one cow and deposited about one and a half thousand dollars (I said the value in dollars for everyone's understanding) in the bank for my education. It will take about four to five months to get admission in the university. I didn't plan to do anything with the money I saved for my education but recently the price of bitcoin has increased by about 10 thousand dollars and seeing this increase I think that I should invest in bitcoin now instead of leaving the money in the bank for these four to five months. Although I think it's a bit late for me to invest. Maybe I should have invested when Bitcoin was 26 thousand dollars then maybe I could have made a good profit at this point but there is no point in regretting what I didn't do Of course I will think about the present now. I think the price of bitcoin can cross 40 thousand dollars so investing in bitcoin now will not be a wrong decision for me at all.
2  Bitcoin / Bitcoin Discussion / I want to fulfill my mother's dream of building a house with Bitcoin. on: October 07, 2023, 04:09:58 PM
As ridiculous as it may sound, the truth is that I want to fulfill a dream of building a house with Bitcoin.
My parents took care of me from childhood and they taught me education and they are still trying to teach me education. Father is very old and it is not possible for him to work as he used to, so I myself feel that I should do something. At the moment, if I could somehow earn to help my family or pay for my education, then maybe the pressure on my father would be reduced a lot. I joined Bitcoin to fulfill my dream.

My mother has a dream to build a house, maybe in the future I will have to help her fulfill her dream because my father is spending the money he earns on my education and running the family so at the moment he cannot afford to build a house. I have already gained enough knowledge about trading by being involved with Bitcoin, firstly I want to start my Bitcoin journey through trading, after making some money from trading I plan to invest in Bitcoin for four years. These four years I will hold my investment and also save the money earned from trading or signature campaign for four years so that after four years I can start building the house. 

You must pray for me so that I can fulfill my mother's dream.
3  Economy / Economics / what do we thinking about investment target? on: August 02, 2023, 11:40:58 AM
The products which were bought at the same price in the last four-five years now have to be bought at two to three times more. Now what is the real reason, what should we do at this moment. The real reason for this is the effect of inflation which causes the price of everything to rise. This inflationary effect increases the prices of our daily necessities. Due to which the value of our money is constantly decreasing every year. As a result, it is almost impossible to buy and drink a cup of tea from outside.

In such a situation we have to invest. Money should never be left in the bank.Money should be used in such a way that your money pays for itself. How scared we are to talk about investing. I keep thinking about where to invest and my money will run out. Many people have questions about where to invest and get safe and good returns.

Investors have two concepts of risk and return. Risk is when you invest money without understanding. And return is something where you invest money, even if it is a small amount, money will come to you. There are three types of investments.

LOW RISK-LOW RETURN : Like fixed deposit there is no chance of losing your money. Since it is low risk and low return investment, 5%-10% return will be available and not more than that. But in case of fixed deposit, you have to keep money in such a bank, of course the bank is approved by the government.

MEDIUM RISK-MEDIUM RETURN : Gold is an asset whose price increases and decreases very quickly. It is Medium Risk and Medium Return. Gold can be invested in. If you don't identify the gold properly then you can get cheated, there is fear of theft, robbery, loss. Then there is real estate investment. Real state and gold investment are quite similar, here you have to buy property and sell it when the price goes down and you have to wait 2-5 years to get good returns. real  estate invest  is a very safe investment, its returns will come to you. But in the case of real state business, one thing should be kept in mind. You must pay attention to whether the land or property you buy has been sold more than once and whether its documents are correct.

HIGH RISK-HIGH RETURN : example, the stock market invests in many big companies like Facebook, Cocacola, we buy the shares of these companies and they use that money in their business. If they make a profit there, the share price goes up and if they don't make a profit, the share price goes down. And this is how the stock market process works. Stork market business is High risk-High return profit business. In the stock market, you can become rich very quickly and you can become poor very quickly. If you have proper knowledge about stock market then you can invest this stock market money.
The next place to invest is Mutual fund. Mutual fund is the best place for those who do not understand the share market very well. Mutual Fund  does exactly the same thing as you buy shares with personal money and mutual fund does what we who put money in mutual fund do. They do market analysis with that money and buy those shares, that means they also invest money in different companies. That means even if you keep money in mutual funds, you will get returns because there are many experts controlled by them. But in various countries, especially in low quality countries, a kind of fraud circle takes money from many people in the name of mutual funds and disappears at some point. If you can keep money in reliable mutual funds then your returns will come.

Now it comes to fixed deposit, real estate, stock market, mutual fund, gold investment, any subject we can proceed with the investment target.
4  Bitcoin / Bitcoin Discussion / Positive thoughts and attitude towards Bitcoin. on: July 10, 2023, 03:39:30 AM
From the time I studied in class eight, I used to take money from my father, uncle, elder brothers on the occasion of religious festivals. After few years I kept saving money and with the saved money I started a quail and pigeon farm. After two years of service I got a fairly good benefit from them. One day I got to know about Bitcoin by meeting an elder brother while visiting a place. After learning about Bitcoin, my curiosity increased and gradually I tried to learn more about Bitcoin and became attracted to Bitcoin. A few months ago when the bitcoin market was 17 thousand USD I invested 80% of the dividend in the bitcoin market and I still hold it. When I do any work, I trust the right thinking and decision of my own morale towards that work. I think Bitcoin will be more valuable in the next few years and maybe it will reverse but I have confidence I hold it. When investing in something there is always risk involved. I think risk is the possibility of gaining or losing something valuable.
Pages: [1]
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!