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May 02, 2024, 10:39:58 AM *
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1  Economy / Economics / Re: How is it possible to say there is no money in the bank on: Today at 02:05:07 AM
Yes banks do not hold any money they take customer money and lend it to other customers. the bank only gives us a pure number of rupees. Bank runs on customer money if customers start withdrawing their money from the bank together then no matter how strong the bank is, the bank is bound to go bankrupt. so it must be said that the bank has no money. But we live in such a society where we all trust the bank so much that we are happy with the digits given by the bank so the bank can run their own business with our money.
It is true that banks do not keep the cash that customers keep with them and the bank uses the money to lend to those who need loans and I agree with what you say if the bank only gives the numbers recorded in the savings book that we have but if the customer save their money at a bank, want to withdraw all the savings they have, of course the bank will provide conditions that we have to fulfill in order to be able to withdraw it and if you want to withdraw a large amount, of course it requires a long process, for some people who still trust the bank, of course They will continue to save their money in the bank and will not get any profit and the bank is more profitable. If we want to run a business with the capital we already have, of course that is very good, but we have to really understand the business well.
2  Economy / Economics / Re: Starting a business without capital. on: Today at 01:40:06 AM
While you may not need money to start affiliate marketing, you should know that it requires a lot of work. There’s already competition which you need to beat because there many affiliates out there market the same product or service as you are. The work is in you differentiating your self and attracting an audience which you will definitely have to build their trust. So unless you’re a resilient person, you may want to think twice.
In my opinion, it is impossible to run a business without having to spend any capital, affiliate marketing also requires capital to be able to promote an item that we have and I agree with you that this is not easy to do, of course we have to try as hard as possible and also have to be able to compete with them. who have started it first, with the hard work we do and also have to be patient with each process in order to achieve satisfactory results for ourselves.
3  Economy / Economics / Re: We need higher wages off course but goverment need to do one thing on: Today at 01:19:59 AM
The government can only regulate prices for certain foodstuffs and that is only the upper limit or highest price, and the market will always determine the overall price, the rarer the goods are found and the demand is high, the market will automatically raise prices, and you will know that in countries with high levels of corruption and even their officials are involved in determining prices in the market because they are trying to make a profit.
What the government can do is only monitor prices in the market and when they have exceeded the normal limit, the government will act, but often they fail to carry out this function so that the prices of basic commodities continue to rise and sometimes they are rarely available on the market.
That's right, the government does regulate certain food prices and the market will determine depending on the demand for the item. If the item is scarce and demand increases of course the price of the item will continue to increase and this will be very difficult for the government to control. When government officials are in an area with a high level of corruption, it will be very difficult to find a stable price for an item, of course there are even some groups who hold back an item so that the price of the item increases and they can make a profit from the item.
4  Economy / Trading Discussion / Re: TRADERS are not UNEMPLOYED on: May 01, 2024, 01:06:58 AM
From my perspective, anything anyone takes seriously and earns a good profit from it on a regular basis, such that, it is enough to keep one afloat and hopeful, can be considered a career for me.
True wealth from my understanding from reading several pieces, is often a result of how valuable one has become while being consistent, efficient and disciplined in mastering a skillset.
I consider trading as a valuable skillset, that can ensure financial independence and wealth, in today's society, a good skill or tradecraft pays better than a white collar job.
If someone already has skills in the field they work in, of course this will be very good because it will be able to provide them with regular income, but in trading of course we don't know for sure the results we will get and even for some people who already have experience and also good skills regarding trading, there are still those who experience failure and I think it would be better to make trading as a side job because if we fail several times in trading, of course we will lose a lot of the money we have, so it is important for us to be able to have the main job that can provide a definite income and make trading an additional source of income for us.
5  Bitcoin / Bitcoin Discussion / Re: If someone you introduced to BTC says the risks of her funds is on you on: May 01, 2024, 12:45:42 AM
I would respond by saying that since the risk is on me the profit should also be on me.
If they doesn't want to take risk they shouldn't also expect to gain profit.
I don't get why they would even try to invest if they don't know how it works, and they only see the profit and ignores the risk.
In investing, of course there will always be risks that we have to face in order to achieve success in the investments we make, if they understand well the risks faced in investing, of course they will be able to easily complete and continue the investments they make, so It is important for everyone who decides to invest that they must be able to understand the risks they will face in order to be able to invest well and achieve their investment targets, because if they do not understand the risks they will face and only look at the profits, of course This is very stupid and they will lose their money on this investment.
6  Bitcoin / Bitcoin Discussion / Re: I don’t like the term “crypto” on: May 01, 2024, 12:27:54 AM
Of course we first need to understand the difference between alt coin and bitcoin as many times we confuse the two together. First of all before we invest we need to think in which we want to invest we want to invest in alt coin or bitcoin.  Bitcoin investment is much better than alt coin investment I personally always prefer bitcoin investment. When it comes to Bitcoin investment we must have a long term plan as many times we invest too hastily. Investing can never be in a hurry, we have to be patient and have a long-term investment plan.
Yes, you are right, these two things are of course very different and we must be able to understand it well before deciding to invest so that we can do it well. It is important for us to be able to choose the type of investment so that we can make a good investment plan, yes indeed by choosing to invest on Bitcoin, it would be better for us to be able to run in the long term and we have to make a good plan so that we can survive in the long term because if we don't have a good plan of course it will be very difficult to run in the long term and there is very little chance of making a profit. from this investment, but if we choose to invest in altcoins of course we have to really understand well the type of altcoin we are going to invest in and don't choose the wrong type of altcoin which will cause us losses.
7  Economy / Economics / Re: Harmful effect of robot to the world. on: April 30, 2024, 05:00:25 AM
We need to innovate and continue developing. Robots are a big help in the near future. It will make things fast with great efficiency. In a perfect world, robots are beneficial although in reality there are also side effects because there are poor countries and people that have no proper education and they are relying to get jobs thru labor that are also doable by robots. The best way is for the governments to boost the education system so people can still find jobs. Robots can do jobs but that doesn't mean that people does not have opportunities to work anymore.
It is true that the existence of robots will certainly really help human work in all things, but in this case there will be advantages and disadvantages and this is especially felt for those whose jobs are replaced by robots and they lose their jobs, I agree with what you say if the government can advance education so that the quality of society can do work by taking advantage of the technological developments they create and I think this will easily develop if the quality of society has good education.
8  Economy / Economics / Re: Unemplyment at least 50% how world will look like then ? on: April 30, 2024, 04:37:24 AM
Considering the current situation of the economy right now,the level of unemployment,many jobs will likely disappear but many other people will be able to secure and create job opportunities despite all odds.Mosts of the incident happening presently will likely repeat itself in the future.
Unfortunately,everyone will have a job;everyone will be able to secure a job for herself because no matter what happens,people will still ensure to make out something tangible for themselves for livelihood/survival.Real employment is self-employment and that's what will be needed in the future.
With the development of technology, of course, many human jobs will be replaced by machines, so that there will be a lot of unemployment caused by technological developments. To be able to create jobs, of course this is not an easy thing, of course you have to have good planning in order to be able to give someone a job and don't let it happen after get a job they can't get wages for what they have done.

That's right, everyone will of course continue to try to get their job in order to provide them with an income that can meet their needs. It's true that with entrepreneurship it will certainly be easy for us to be able to get a bigger income than working for a company, but if we don't Of course, if we can run the business well, we won't be able to last long.
9  Economy / Economics / Re: Financial Advice for a young millionaire on: April 30, 2024, 04:19:03 AM
Does those child not have other close relatives such as uncles or aunts? Usually those who are born as sole heirs have uncles or aunts who always stick to their parents' business and that often happens, I'm confused about what advice to give to that child, if he has good close relatives then he can continue the business he inherited his father but if he has evil relatives, he would be better off selling the business and going to college.
If someone has inherited a business from their parents, of course they will be able to manage it easily if they are ready to manage the business their parents inherited and if they are not ready to manage a business, I think they can learn about the business so they can manage it well. be kind and don't waste what his parents have inherited from him because it would be very detrimental if they squandered what his parents have inherited from him, for now it will be very difficult to choose people who we can entrust to be able to run a business and it will indeed be better well, we manage as best we can and continue to study well what we can do to make the business continue to grow.
10  Economy / Economics / Re: Why Bitcoin is the only crypto you should BUY on: April 27, 2024, 04:03:42 AM
Bitcoin has always been a high potential currency, those who have been holding Bitcoin for the past two to three years have benefited enormously at the moment. We have seen how Bitcoin went from zero to maximum. Bitcoin is currently the most popular and profitable cryptocurrency. The popularity of Bitcoin is increasing day by day and the value of Bitcoin will also increase in the future. Bitcoin Halving ended a few days ago, and we all know exactly how much Bitcoin price increases after Bitcoin Halving. So there is a high possibility that the price of Bitcoin will increase a lot in the next few days. So you should invest in Bitcoin and hold for long time, Bitcoin is giving high profit to every investor.
It is true that those who have held Bitcoin for a long period of time have of course made a profit and there are many challenges they face in holding Bitcoin. If they don't understand it well, they certainly won't be able to be patient in holding Bitcoin for a long period of time as stated. you mentioned that, but if they don't understand it well, of course they will release the Bitcoin they have when the price correction occurs, so I think it is important for those who want to hold Bitcoin, of course they must be able to hold it for a long period of time and now this has just happened. halving and it is possible that in the next few months there will be an even higher increase.
11  Economy / Economics / Re: Isn't it all about money? on: April 27, 2024, 03:32:49 AM
All our strogle in this world is just all about making money and be a better person tomorrow because anything that we are doing today we do it for future. sometimes going to school is better but it depends on your destiny, because sometimes when you graduate from school after spending almost 6 years in the school and when you came back home you will not see job, so for me I think if one can see where he/she can make money before thinking of going school is better.
Every person who works, of course they will still think about how to get an income that can meet their needs and if there is anything left over from the needs they need then they can save and invest so that their future does not experience financial difficulties, when someone who have completed their education but don't yet have a job. I think what they learn at school will be very different in terms of application in the field, so it's not certain that those with good understanding will be able to easily get a job and this really depends on a person's personality to be able to apply what they learn at school. and indeed it would be better for us to see what potential we have, whether we are studying or continuing to look for work and can learn from existing experiences.
12  Economy / Economics / Re: It's better to invest now than to regret it in a hospital bed. on: April 27, 2024, 03:11:13 AM
We should make some arrangements in advance for our future lifestyle. When we have time we do not value time, we leave the matter through neglect. Not only will you grow old in the future but you can face any kind of accident at any moment, so you should save money as soon as you have the opportunity, whether it is for the tomorrow. There are various mediums to save money but currently one of the most popular mediums for investment is Bitcoin. It's your personal decision where you invest or not but I think investing in Bitcoin with proper analysis from now to future will lead to a comfortable future life.
Of course, it is very important for each person to be able to manage their lifestyle so that they don't regret it when they are old, because many people who have reached old age regret the things they did when they were young and they can't do anything when they are old and have to keep going. doing work to meet their needs, saving while still young is of course very good and also we have to be able to manage our lifestyle so that we can leave some of the income we have so we can save, currently there are many choices to be able to do this. investment and if we can save money then we will be able to invest for our future, if we choose to invest in Bitcoin of course we must understand it well so that we don't experience failure in this investment.
13  Bitcoin / Bitcoin Discussion / Re: Would you advise a friend in the same way? on: April 26, 2024, 01:42:50 AM
You can advise what you think is right but what you've advised for most was actually wrong. Don't do that. Don't compare any company to a bigger one if it's about their money or funds, it may sound brilliant and fun but it takes a lot of the company's effort and resources for them to invest. So, just don't do that if it's taking your friend the money of your company and you want him to bet for something that he might never know. And that's why I won't say like that to any friend that has a big company obligation.
Of course it is not equivalent if someone compares these two things because for companies that have sufficient funds it will certainly be easy to make investments if they wish, but for those who have funds that are only sufficient for the company's interests, of course it will be very impossible. to invest and the most important thing for them is only about the company where they work, using company funds for investment purposes is of course very dangerous and I agree with what you say, it is not good for us to bet on things that we don't know for sure what the results will be. we get and also for those who have responsibilities with their company, of course they must be able to run it well so that their company can run well.
14  Bitcoin / Bitcoin Discussion / Re: We should be looking only at the brighter side on: April 26, 2024, 01:23:01 AM
I agree bitcoin has its pros and cons so it's best to proceed with caution considering both sides to avoid disappointment later. There are many investors who only consider the bright side and then negative thoughts are formed in their mind when the price goes down. Therefore both sides should be known and should be held for long term to get good profit in future there will be less risk in holding.
Of course it is very important for those who invest in Bitcoin to be careful so as not to make mistakes that cause them to lose money in the investment they make and it would be better if we could consider both sides of the investment as you have said because if we only consider the The positive thing is that we don't think too much about the risks that we will get if something we can't predict happens and we are ready to face it, choosing to hold in the long term. I think this will be profitable and we have to be patient to wait for the profit target.
15  Bitcoin / Bitcoin Discussion / Re: Will the number of new investors reduce? on: April 26, 2024, 12:51:47 AM
I don't think that new Bitcoin investors will decrease in the future, seeing the potential of Bitcoin in the future makes many retail investors interested in entering this market. Maybe right now many of these retail investors are still waiting and seeing what market conditions will be like, but if the market shows bullishness later, I'm sure that they will immediately enter and invest their money. It just takes time.
I really agree with you, looking at the development of Bitcoin, those who are new to Bitcoin will of course use Bitcoin as their future investment because this is very useful for their future, for some people who are new to Bitcoin of course they have to look at Bitcoin's price experience. New increases are thinking about learning about investing in Bitcoin and if they choose to start their investment when the market is bullish of course they must be able to hold their investment when a market correction occurs and must keep holding it so as not to panic and sell at a loss.
16  Economy / Speculation / Re: Every moments of bitcoin value is appreciable for investors on: April 25, 2024, 05:47:26 AM
Are you trying to advise newbies to buy BTC at anytime, you forget that there are bull market and there are bear market which allow users to use their opportunity well to buy or sell in the market.

I know you can buy at anytime in the market, but if you are buying for profit making, try to buy in the bear market which is the best season to achieve your goal in the future, and you will not be afraid to always use the bear market to buy and sell in the bull market to remain in profit making.

The price of BTC is dumping from the market and, I guess this dumping will make the price to hit $20k low before the price will begin to change to pump higher to make people to feel the bull season that will lead to $100k soon.
I don't think it's good for beginners who are just starting to invest to listen to advice from other people about the investments they make if they don't have the slightest understanding about the investment, but if they have a good understanding of course they will be able to judge what other people's advice is. give them whether they can use it for investment or not.

When we enter the market in bearish conditions, of course this will be able to provide profits from the investment and we must be able to collect with the capital we have and we must also be able to withstand the bullish market to be able to enjoy the profits.
17  Economy / Speculation / Re: Will BTC dip again? on: April 25, 2024, 05:04:06 AM
Dip markets are standing in front, so now there are ample opportunities for those who want to buy bitcoins to invest quickly in bitcoins. As a result, you can buy bitcoins from this market and hold for a long period of time, and reap maximum benefits.
Bitcoin can be purchased anytime to invest. As you say dip markets are ahead so maybe we should wait a little longer as we all know that Bitcoin should be bought at low prices. Still the price of Bitcoin is at a high level i.e. the price of Bitcoin is currently 65 thousand dollars. Bitcoin halving has been completed yesterday, we still do not see any change in the market whether the price of Bitcoin will increase or decrease. We thought we might see a big correction in the market before the Bitcoin halving but it didn't happen as the Bitcoin halving happened when the price of Bitcoin was at a high level.
It's true, of course everyone will be able to invest their money in Bitcoin whenever they want, especially when the market is experiencing a decline, but because no one can know to what extent the Bitcoin price will decline, we can buy when the Bitcoin price has reached its lowest point according to our analysis. yourself and must be able to hold it for a long period of time to be able to get a profit from the investment you make, yes we haven't seen any price changes after the Bitcoin halving and I think this still gives us time to collect so we can get a profit on the investment we are running .
18  Economy / Speculation / Re: Is It Time to Buy More BTC? on: April 25, 2024, 03:57:23 AM
Ahead may be the best time to buy bitcoin as there is a possibility of massive decline after the new ATH price increase which you can consider as an opportunity. Most of the investors are depressed and they are afraid to buy bitcoin at this moment. Moreover i think Bitcoin is always a good time to recover to a higher price and this year is going to be the best. Investors are always keen to buy at cheap prices and this year had a busy start with lots of people taking advantage of the best cheap prices.
Some people are afraid to buy Bitcoin for now, of course they will miss the opportunity to make a profit when a new ATH occurs which is likely to occur in the next few months or early next year, but for those who have a good understanding of investing in Bitcoin, of course they will try as hard as possible to take advantage of this opportunity to get a profit from investing in Bitcoin, yes of course every investor will be very interested in being able to buy it when the price is low, but we cannot know for sure the lowest point of the Bitcoin price so we have to keep collecting it before Bitcoin price will reach a new ATH.
19  Economy / Speculation / Re: Buy Buy Buy or Sell Sell Sell? on: April 24, 2024, 06:56:16 AM
If you can't buy correctly then it will be your first mistake in Bitcoin, if your investment time is short. Your risk will increase so it is definitely best to hold for the long term to reduce the risk. Here the more longevity you invest in investing the lower the risk and the best approach for you. You will save the most if you buy bitcoins using the DCA method only, and if you collect bitcoins for the long term, your investment will be long.

We are not all aware of the exact price to buy bitcoins so we should set a fixed price and then buy accordingly and hold the investment for a long time as you have implied. Investing in Bitcoin requires us to commit to holding it for a long period of time because if we can hold this investment properly for a long period of time then we will be able to achieve the desired results. Also you mentioned risk we all have to accept that all investments involve risk. But while all investments involve risk, investing in Bitcoin is much less risky.

Investing in DCA method is easy for everyone but may not be possible for everyone as many do not have source of income due to which they cannot invest regularly. Due to which they cannot apply this method properly in the case of investment. Yes you are correct that if you invest in DCA method and hold for long time the investment will grow.
When we realize that the price of Bitcoin will continue to increase, we can try to collect the investments we make so that we can enjoy the profits from the investments we make, but we need to do it consistently as you said because if we don't do it correctly consistently, it will be difficult to achieve the investment targets we make and we must have good planning before deciding to invest.

You are right, it will be very difficult to be able to invest using this method if we don't have a steady income because it could be that when we have a purchasing schedule that we have set and we don't have the funds, of course we won't be able to buy according to the schedule that we have set. However, it would be better for us to buy according to our abilities and not force ourselves to buy if we are not yet able to invest.
20  Economy / Economics / Re: Banking on people's ideas, visions, and talents. on: April 24, 2024, 06:35:19 AM
I have met some xperience people like that in some business area, and their idea is making the people that follow their instructions to achieve profits daily in their businesses, and it will be difficult for them to give you wrong idea.

I know, some people went to school to study that particular course to help some investors to grow their profits and businesses, and they are receiving money from business men and women before they can impact them on how to succeed in that particular business, but they don't have the interest to save some money to establish their own business.

That is why is advisable to have the knowledge of crypto investment, before going into the investment because is what you learn you are going to display in your investment, and if you learn well from the facilitators, you will going to display good results that will make other people to know that you have learned well.
Those who have had a lot of experience in running a business will of course be able to teach other people to be able to run a business like they do and be successful in running their business, but for some people who take the time to learn it will be a skill that can give them Of course their income will be better because they will be able to generate income after they can do the work.

That's right, for those who want to get involved in the world of crypto, of course they must have a good understanding of the investments they are carrying out and it would be better if they learn first from those who already have experience in this field so as not to make mistakes in investing. what they do so that they don't lose on their investment.
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