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1  Economy / Economics / Re: Would you consider moving abroad? on: July 22, 2023, 11:51:50 AM
The job market has become extremely competitive in the past few years, while the increasing cost of living and low wages are forcing people to move abroad for a chance at a better future. Personally, I believe the economic conditions in Greece have been deteriorating; groceries, rent, and fuel have skyrocketed while the available income keeps shrinking. People with degrees are struggling to find jobs in their field that pay above the minimum wage and offer benefits such as paid vacation and humane working conditions.

Moving abroad isn't an easy decision; there are several factors to take into account, with the most important one being the language barrier. I only speak English; moving anywhere apart from the USA and UK would be a huge challenge because I'd have to learn a new language from scratch. Moreover, you'd have to take into account the increasing living costs of Germany compared to Greece, which means that you must have saved enough money until you manage to get settled in one place.

I'm really in a dilemma about what would be best for me. I'll be out in the job market in a few months after I finish with my mandatory military enlistment, and I'm unsure of what challenges and opportunities I'm going to face. I don't want to spend my life living from paycheck to paycheck. It's a good thing that I also have Bitcoin; otherwise, I'd be doomed. There's still something to believe in.

So far, in my opinion, the best option for work seems to be online, especially if it has flexible hours and a working schedule. You can work from wherever and whenever you want, provided you get the job done. Digital nomads have been increasing over the past few years, and it seems like a perfect opportunity that provides work-life balance. I believe that it's something that would suit my personal needs. I want to travel and explore as many destinations as possible, so working a regular 9-5 job with 20 vacation days per year isn't going to cut it.

So yes, would you consider moving abroad for a better future? Would you try to find a way to stay in your country, either through online work or by accessing all possible opportunities?

That is true that moving abroad is not that easy because you need to take in consideration a lot of things such as learning a new language, cultural differences, difficulty to adjust in environment, financial challenges, acquiring visa, renting a property or owning one. I agree that working online could be one of the best option because of the flexible hours and working schedule. But if i will be given an opportunity I would try to move abroad to be able to explore different country and the job opportunities that they could offer. Staying here in our motherland is a bit hard because of the rising prices of foods and other services while the salary is not increasing.
2  Economy / Economics / Re: Is some certain lifestyle a waste of money and time ? on: July 22, 2023, 11:36:07 AM

Here is what happens to my friends and me and I am sure this is a reflection on different financial values and life attitude in general. Well, I don't drink any alchohol while a few friends of mine love drinking very much. They would gather to have dinner/drink almost every day(at least four times a week). I am often invited but due to my no-drinking habit, I usually turn the invitation down. We are all family men but they are a few years older than me. Their children are much older than my kid so probably they don't need their fathers' attention and time. I always put my family first so this is also one of the reasons I don't join them that frequently. Financially, every gathering meal/drinking is not cheap because it involves a lot of drinks and dishes. The average cost of such dinner/drinking is equivalent to 1/5 the average monthly income in the city where we live. So every month, the cost for these "gatherings" consumes all the income that a man can earn for months. This is considered a huge waste of money in many people's eyes cause most people don't earn much. Although I don't drink, occasionally I will treat them and pay the bills for the guesture of friendliness. Do you think my friends' lifestyle is a waste of money and time ? How much do you spend on such gatherings on average ? Please let me know.

Your friends lifestyle is considered to be wasteful because frequent drinking and dining gatherings can be costly and may not provide any meaningful benefits. With that it would affect his daily budget to sustain their daily needs and it would result to loaning of money. What you did is just right to turn down invitations because it would be just additional expenses on your part and you might ruin your budget. And I agree with you that we should think first on the welfare of our family. 
3  Economy / Economics / Re: Money hardly come this days! Why? on: July 22, 2023, 11:20:29 AM
I don't understand why things are so unspeakably hard to people. I couldn't hard a good feelings for some days after thinking of what must have trans-led this suffering of financial hardship in societies. Money is rare this days, am going through a lot but I just hope things well and better soon. Is not really funny here.

My children are at home chase from school, I could not pay fees again. What could be the cause of scarcity of cash?

Money seems hard to come by i think is because of the inflation that results to widespread job losses and economic uncertainty. To be able to survive you need to search of other source of income to be able to sustain the needs of your family. Oline jobs are becoming increasingly popular, and many employers now rely on the internet. Consider exploring this option to supplement your income.
4  Economy / Economics / Re: Inflation is making a mess of my savings. on: July 21, 2023, 07:44:32 AM
Inflation is really biting hard, and nobody is doing anything about it, should we all just go with what Tupac said, "that's just the way it is, things will never be the same".
A lot of person's have ascribed this global inflation to the crisis Rocking Ukraine and Russia,  a lot of person's have also said it's as a result of shortage of gas supply across Europe and other countries.
The whole story is not just clear, as to why inflation is biting so hard and IMF AND WORLD BANK are not doing anything about it and the people are just left to face their fate alone.
The prices of goods and services are constantly going astronomical high and there is no hope insight of this ugly situation coming to a halt.

The purchasing powers of citizens are getting weak and I don't understand if the consumer protection laws are even effective anymore this days.
You buy something for a certain amount today, in the next one week, that same item you bought  has charged Prince without any reason.
How are you guys pulling it through with this inflation?


Yes a lot of people now are affected with the inflation that is happening all over the world. The prices of goods and services dramatically increases that truly affects the low wage income earners. That is true that the purchasing power of citizens are getting weaker because the value of the money they are been holding is decreasing. Here in our country consumer protection law is now useless because the government cannot even regulate the prices of the goods the worst thing it even gets higher, with that the people are experiencing a very tight budget and they needed to adjust their budget to be able to sustain their daily needs.
5  Economy / Economics / Re: How much food can you store for survival?3 on: July 21, 2023, 01:11:31 AM
I was think about storing emergency supplies for 2 people.

How affordable is it to store enough food and water for myself and my wife.

A few years ago hurricane Sandy hit New Jersey hard and the shelfs were bare.

Pandemic came and lots of shortages.

So could I reasonable store 30 days of food and water for my wife and I.

How much space?
How much food ?
 how much water?

propane?

I am a diabetic so I use high protein and fat low carb diet.

30 days means
30 cans of chicken
10 cans of tomatoes
10 cans of chickpeas
10 cans of cannaelli beans

10 pounds of roasted peanuts
 5 pounds of walnuts
5 pounds of almonds

a bottle of multi vitamins

and 100 ½ liter bottles of water
a dozen cans of peaches
a dozen cans of pears
some parmalot as it keeps
some cereal

The above should do the trick for my wife and I. For maybe 45 days.

I can afford to have the above list I am thinking a lot of people can’t.

So how exposed are people to a solid disaster.




No fresh meat
No dairy since refrigerated goods may be gone.


I would think most of the world is a short time away from real food issues if food shopping is shut down.

your thoughts and ideas are welcome.

That is a good plan for the upcoming pandemic or even a natural calamity. Even me i would do the same because we never know when will be the next calamity or pandemic will occur. Based on your plan I think 30 days stocking would be good enough to sustain your needs  in times of calamities. We really must think and plan ahead of time before something serious calamity might occur.


6  Economy / Economics / Re: Automating your savings will help you save more on: July 20, 2023, 08:52:23 AM
I agree with that automating your savings will help you save more. There are banks who offers auto debit arrangement on a weekly or monthly basis or whichever is comfortable to you, they will automate and put your funds in a certain services they offer like mutual funds, investment funds even in stock market. But sometimes it is hard to save specially when your budget is just enough to cover up your daily needs, and if that is the case you need to find other source of income to be able to save money for the future.
7  Alternate cryptocurrencies / Altcoin Discussion / Re: People with quick rich attitude always mess up with alt coins on: July 20, 2023, 08:17:19 AM
I have mentioned multiple times in past here that people should be cautious with alt coins. If some coin has moved up like 100% or more in just 24 hours, it does not mean that you should also purchase the coin. You should first understand the reason behind prices moving up. Then, you should also analyze the benefits and demerits of the project.

One such option has come again in safemoon. The coin has pumped more than 100% when they reduced fees from 10% to 1%. Now new investors are rushing to invest in this coin. This is the situation when the past investors in the coin are like in 99% loss of their invested value. But greed make people loose all senses I think. If you are still thinking to invest in safemoon now, think twice.

That is true people should be cautious with alternative crypto currencies. The market is too volatile and anything can happen in a blink of an eye. We should had done a thorough research on a specific coin before investing in it. If an investor has a get-rich quick mind set they are more likely to make impulsive decisions without doing their due diligence and it may result to significant financial losses. To avoid such losses be cautious and always think a lot of times before investing.
8  Alternate cryptocurrencies / Altcoin Discussion / Re: Is it safe to keep your money in bank? on: July 20, 2023, 02:58:06 AM
Technically, it is safe to put money in the banks simply because it is registered under government institutions, meaning, all transactions are tracked. Bottomline is, the value or amount you have put in there would remain the same for a long period of time unlike with putting it to other digital asset. For sure you are trying to persuade people to put their funds on cryptocurrency, it would be a good idea only if they can endure possibility of losses. Putting your money in cryprocurrency will give you the opportunity to grow your fund but will also put your money at risk given that market prices are volatile or changing from time to time. Decentralized exchanges are not banks.

I agree with you, money is safe to put in banks because it is regulated by the government institutions and plus a fact that part of your money in the bank is covered by insurance but still it is not 100% guaranteed insured depends on how much you have in the bank. Exactly putting  money in crypto currency gives opportunity to grow your fund at the same time a bigger risk because of the volatility of the market and no one can really control over that. So as for be i would diversify my funds not only in banks and decentralized exchanges, I would put it as well to other kind of asset that could earn a good profit in the long run like real estate investment, gold etc. for better security of my funds.
9  Bitcoin / Bitcoin Discussion / Re: I sold the altcoins and invested in Bitcoin" on: July 20, 2023, 02:22:01 AM
I have been involved with Cryptocurrencies for the past almost 1 year. It's only been a few months since I joined the BitcoinTalk forum. I spend most of my time trading which I haven't spent much time on this forum. But I came to the Bitcointalk forum and observed various discussions about Bitcoin investment. Finally after much thought I analyzed Bitcoin and took the advice of a fellow knowledgeable investor. He gave me specific advice on the downsides of Bitcoin and market volatility.
After full consideration I sold all the wallets I had Altcoins invested in. and with the amount of funds I made from that, I bought bitcoins and kept them in the trust wallet.

Now my question is, is it good for my future that I have sold my altcoins and invested in bitcoins?

The trust wallet I put my invested bitcoins in, is the trust wallet safe for my bitcoins?


No doubt that bitcoin is the best investment, selling alt coins and convert it to Bitcoin that is a good strategy that you had done. Your observation and thorough research had build your confidence to covert your altcoins into bitcoin. Bitcoin is good for your future just keep on holding it and for sure you will generate a good returns in the future specially if you have a good amount of investment. The higher the investment the higher rate of return and make sure that the amount you put in is the amount that you can afford to loose. It is better to use a hard wallet because trust wallet can be hacked as well.
10  Bitcoin / Bitcoin Discussion / Re: Don't expect everyone to embrace Bitcoin on: July 20, 2023, 02:06:52 AM
The earlier we understand that bitcoin is not for everyone, the better because it saves us the time and energy that we would have used to convince those who are uninterested, to move on to those who are interested and it can also drive adoption faster. I've read some threads here of some people trying to convince their family members on the positives of Bitcoin and get enraged if the said members don't share the same opinion as them but I feel everyone is entitled to his opinion and while some regard Bitcoin with outright disgust like Charlie Munger, there are some who care less of it's existence.

Bitcoiners have the opportunity to stand for something and that's eliminating the need for central authorities such as the government and banks and rather than forcing everyone to confirm to their beliefs, it's better to find an audience worth serving. What's your take, guys?

We cannot force anyone to embrace bitcoin. Investing in bitcoin is a free will, and a lot of people still do not know how to use or invest with it. It is hard to convince people who are uninterested. It is important to respect individuals opinions as some may sees Bitcoin in a negative way while others may not care about its existence. Rather than trying to force beliefs onto others, Bitcoiners can focus on their own investment and trust their own process.
11  Economy / Economics / Re: Can your passion lead to an increase in your net worth? on: July 19, 2023, 08:37:10 AM
There are many diverse opinions about following one's passion and wealth. I read two stories of people who followed their passion, and in a short period of time, the businesses became very profitable.

In story 1, Defossey left a job at Apple to open a BBQ restaurant in Mexico City. It made $9 million in sales last year. In story 2, Sean Audet, a 30-year-old, spent $0 launching a food photography side hustle, and now he brings in $134,000 a year.

The people in these stories followed their passion and created wealth through it. What is your opinion on following one's passion in relation to wealth? Can your passion lead to an increase in your net worth? If yes, what is stopping you from following it?




That could possible your passion can lead to an increase in your net worth. If the business you tend to put up is your passion most likely it would be successful because all your effort, motivation, determination and perseverance are all combined. If it is your passion you are also more likely to be creative, innovative and of course you are very much willing to take risks that can lead to growth of the business. But not everyone can be successful with their passion, it would take some time and effort to be able to be successful and how eager you are to incorporate your passion to business. We should try to work hard and make it happen to be able to be successful.
12  Alternate cryptocurrencies / Altcoin Discussion / Re: Be watchful it's not yet time on: July 19, 2023, 07:45:53 AM
Many people have gained trust that we are automatically back to the bullrun, this made them to be free in choosing altcoin and newly launched tokens without knowing that cryptocurrency price action and movement are so unpredictably. It could be high at this very moment and In the next few moments we may witness a serious dip without knowing what propelled to such rejection in price.

Deep down inside out minds we taught the halving is already there, so therefore we are free to still make whatever choices we want since any coin we buy and hold makes progress during the bullrun, It would likely affect us by making wrong choice. Do your research and never rely on anyone to give you accurate information about any projects because it's your money and by no chance did those people contributed to you.

Good luck and stay safe while we patiently wait to swimming into bull season.

That is true a lot of people gained trust and believe that we are headed to bull run. A lot of investors tends to choose and invest in alt coins even the newly launch tokens and make believe they will earn a good profit upon holding them, most probably the investors who joins the hype are newly investors who had been encouraged to invest because of the possible rate of return. The market is really deceiving because of the volatility, we thought that the buying price that we invested is already low what will happen is it will go deeper, that causes us to be disappointed and tell ourselves what if? Well we need to be really watchful and do not just believe on what other investors says. Do your own research and study carefully if it is worth it to invest on a particular project.
13  Alternate cryptocurrencies / Altcoin Discussion / Re: How can I understand meme coin good or bad position? on: July 19, 2023, 12:59:21 AM
How can I understand a meme coin's position in the current market? Is there any way to tell if it will be good or bad? I have seen MEXC exchange add many meme tokens daily. How to identify a good token from here?

It can be challenging to determine a meme coin's position in the market. You should research the project behind the meme coin and try to look for information about the team, their experience and their goals. That is true that a lot of meme tokens are listed in MEXC exchange daily and not all of them are good or bad neither. Take a look on the market capitalization of the coin because a high market capitalization means that the coin is widely adopted and has a strong following, but of course market capitalization alone does not guarantee success. Better to research and study the background of particular meme coin do not just invest if they offer a high rate of return think so many times before investing to avoid such losses.
14  Economy / Gambling discussion / Re: Why is Gamble gain more fans than Bitcoin? on: July 19, 2023, 12:24:29 AM
In the world to day gambling is leading instead of BitcoinBTC (crypto currency) and more are still wanting to join gambling because the minimum age to gamble is 18+ and lot of upcomings are waiting and this is the total amount of gamblers, so let's talk about the crypto currency (Bitcoin) we all know that Bitcoin is a good investment and it has changed a lot in the crypto world but the interesting part is that the numbers of Bitcoin investors can't be compared to gamble and my question is Why? or  is the risk involved in Bitcoin higher than gambling risk?
Just chesk this source

Gambling and Bitcoin cannot be compared because they are both different activities. Gambling involves placing bet while bitcoin is a digital asset that can be sold and bought by the investors and keep it for a long term to accumulate profit. The risks involve in bitcoin could be higher that would depends on how big would be your investment, but with the proper timing in investing in bitcoin there is a big possibility that your investment will earn a bigger profit. While gambling could be a one time big time losses and you cannot hold it once your bet is loss, unlike bitcoin you can keep it and wait till the price recovers or even it gets higher.
15  Alternate cryptocurrencies / Bounties (Altcoins) / Re: 🔥🔥 [Bounty] AFFITRUM.AI Social Media Campaign [$100k Tokens] [ESCROWED] 🔥🔥 on: July 18, 2023, 11:59:13 PM
Bitcointalk username: axxo
Bitcointalk Profile link: https://bitcointalk.org/index.php?action=profile;u=173928
Bitcointalk Rank: Hero Member
Post count: 901
Your Telegram Username: @Ammo121810
Your ETH Address: 0xfE7e773C35dc07C8989Cf2B4ede0bdc398db4236
Joined Telegram Bounty group > Yes
16  Economy / Economics / Re: What is the difference between banks and big whales in crypto? on: July 08, 2023, 08:07:53 AM
Banks are earning big profit from our deposits, they earn bigger than the interest that we get from our deposit because they put a bigger interest rate through thier borrower's or lenders, i think bank is not too far from big whales in crypto they buy or collect coins in dip and they sell in bull and they earn bigger from the holders that sell at loss  they are almost the same or what? What dou you think?

Well banks and big whales in crypto are two different entities. Banks are traditional institutions that provide a wide range of financial services including loans, savings accounts and investment products and they are regulated by governments and are subject to strict rules and regulation. While big whales in crypto are individuals that hold large amounts of cryptocurrencies. Those individuals can impact the price of cryptocurrencies by buying or selling in large amount. Big whales are not regulated by government and they can operate in a large unregulated market. One of the difference also is the transparency of the transactions because in bank they transactions are mostly known by the government while in crypto they can do transaction anonymously.
17  Alternate cryptocurrencies / Altcoin Discussion / Re: How to avoid a scam project? on: July 06, 2023, 11:50:08 PM
There are so many new projects launching everyday and some of them can be good and some of them can be a scam as well. How can we identify it well? Perhaps we should have more discussion about it so we all can learn from everyone's experience.

To be able to avoid scam projects you need to do your own research and think carefully before investing in any project. You need to consider some things to be able to avoid scam project. You need to check on the white paper and read it carefully and make sure it is well written and it makes sense. Check as well the project's roadmap it must be clear and it has milestones. If the roadmap is unrealistic then you should doubt about the project. Check also the background of the project team members if they involved in scam or they are involved in a successful project. Consider also the community support they are receiving from the investors. Do not just believe in a project who seems to good to be true and promises a high returns with little risk.
18  Alternate cryptocurrencies / Altcoin Discussion / Re: It's possible to run masternode through web host? on: July 06, 2023, 12:39:23 AM
I host a website that i no longer need and i need to know if it's possible to run a masternode through, if yes can you send an helpful source how to setup?



Yes it is possible to run a masternode through a web host. To set up a masternode on a web host, you will need to follow a few steps. First you will need to choose a suitable web host that supports masternode hosting. Once you have chosen a web host, you will need to create an account and select hosting plan that meets your needs. Next is you will need to install the necessary software on your web host. This will typically involve connecting to your web host via SSH and running the installation commands for your chosen masternode software. Once the software is installed,you will need to configure your maternode by setting up a configuration file and generating a masternode private key. you will aslo need to send the required collateral to your masternode address. Finally you will need to start your maternode and monitor its performance.
19  Alternate cryptocurrencies / Altcoin Discussion / Re: Stay away from crypto influencers on: July 05, 2023, 06:42:28 AM
Stop following crypto influencers, those of you who like using YouTube videos to pick coins and tokens to invest in you need to hear this, those crypto influencers on YouTube are getting paid to promote those projects they are chilling, why would they promise you 2x or 5x when they aren't part of the team themselves? They did this because that's how they make their own money. He who have hears let him hear.

I think there are some influencers that can be misleading but not All there are still influencers who protects their image and give a very good recommendation on a specific crypto project. There are influencers i saw that trying their best to be able to convince people to invest on the project they are promoting. So it would depend on individuals if they will be convinced to invest on that particular project. Always do research first before investing into something that you are not sure enough so that you will not regret with your investment. Make it a habit to believe on your instinct and be wise before you invest in a particular crypto project.
20  Economy / Economics / Re: How to spend money determines whether you can avoid unnecessary problems on: July 05, 2023, 12:48:32 AM

Please let me clarify first: anyone who is extremely poor or wealthy is not included in this discussion. Only those who are employed with steady income, some savings and spare time will find this topic useful. I guess most of us are doing fine now but financially we have to face one common problem: how to spend money.  This issue leads to many consequences if not handled properly. Here I would not start any broad and subjective agruement. To deliver my message clearly, I am using some specific examples to elaborate. For example, a lot of peole complain that their income is not enough to cover their daily expenses so they can't save much money while...they spend seven bucks on a cup of coffee almost every morning, throw a hundred dollars on some gym membership cards but never show up training, have dinner with some random girl in an expensive restaurant, buy drinks in bars and waste hundreds of dollars... The list goes on and on. If you live this kind of lifestyle and at the end of months, you are running out of money or can't pay the mortgages, whose fault is this ? I can not provide any statisitics but I am sure that many people have fallen in the trap and can not get out.  I hope you are not one of them.

I agree with you if an individual will live above his means they would face a bigger problem their debts might boost up if they would continue to spend more than they earn. Those kind of lifestyle is ok if your income is exceptionally high and you have a lot of excess money. But if you earn a little or minimum you have to set budget and avoid impulsive purchases. If you want that kind of lifestyle and you just earn minimum you should find another source of income that can sustain your lifestyle. As for me i am not one of those people who live beyond my means. I do carefully budget my salary to be able to sustain my daily financial needs.
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