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41  Economy / Economics / This why wall street are rich and you are poor on: December 13, 2021, 04:49:49 PM
They borrow money to buy assets before bull run
They use borrowed money to make more money.
If u dont learn how to use DEbt to create wealth then u stay poor all ur life.

U never use loaned funds just to buy things for u if u dont have ur own money enough.
First rule you use loaned money to make money.
Stocks and crypto u borrow always before bull run and sell ur assets even the real estate when markets are booming u pay back the loan u wait the market drops u repeat the process.

If anyone start doing this no profit for wall street wealthy guys anymore thats how powerful is investing money what u borrowed.
42  Economy / Economics / Re: To be financially well and healty you need to find fund manager on: December 13, 2021, 12:38:45 PM
My money, my own rule. Why would you let someone manage your funds for you? You don't have time? Well, this applies to those companies that can't manage their investments. But if you alone are the one who has that investment, why are you going to do the same as theirs if you can do it alone?
There's a possibility that the profits you've made will just go to the fee of the fund manager. It's better to acquire experience, failure and wins with your own handling skills.

It depends on how big your investment is, if you are just invest on one investment instrument like crypto then you don't need any financial manager or advisor.
But for the people who has a lot of investment instrument in different sectors, to manage and analyze the investment i think we need at least one personal investment manager or analyst to help us to make decision what best to do in the future. Having a manager doesn't mean we passed the privelege to the manager to do anything without our acceptance, they will just giving a suggestion what best and the final decision is still with the owner.
The funds needed to hire a manager, I think, are not small, for sure, so before that we have to consider whether we really need a manager or not.
and that again depends on everyone's needs because I'm sure not everyone needs a manager
a financial manager would be very useful for large companies that require structured financial management, but personally I don't think it's necessary for someone like me. actually we can understand what to do, but sometimes we can't resist the urge, even though it's not really needed, so there is an increase in expenses, and if this continues it will have a bad impact

If u dont want to be poor then do the same as rich does it
Poor community need to come together and find financial manager
43  Economy / Economics / Re: Maybe good time to loan money to invest in crypto on: December 13, 2021, 12:29:05 PM
Maybe now its a good time to invest
And borrow money.



Rising inflation is said to make loan fixed rate loan payments more affordable.

If inflation isn't brought under control, and instead continues to rise. Taking out a loan to invest could be a good strategy.

For US markets, there are several different policies the federal reserve could employ. One policy they might adopt is shrinking the money supply. In theory, I suppose it could reduce inflation. It might also make credit and loans more unobtainable. There is a big question of which financial strategies are best for current market conditions. Borrowing money to invest could definitely be worthwhile.


Finally some smart comment !!
Clearly i see you got some right economics and financial knowledge.
44  Bitcoin / Bitcoin Discussion / Re: If you want to know better about btc on: December 13, 2021, 12:21:36 PM
Wow, like seriously?
You mean I should go read about the wall street journal and other related articles? No argument here like you have written, many are paid to shill which is quite obvious but shouldn't be a contention.
Thanks for your writeup...lolzzz You are doing well.
Maybe you should have given us some hints on what aspect to read and understand btc more.

Thats life bro i cant change it just a way how it is.
And once i started learn about finances banking wall street and federal reserve i start to understood and even know better btc movements.
Sure its not sounds interesting to average JOE ...fed and banking wall street...sounds like a punch of just numbers and so....but if u want success dont complain about boring things you must learn.
What i know all markets are fixed and i know how and btc is controlled by the same guys who control gold prices.

And thats it for now i dont think i need to add abything more all im saying learn wall street and banking if you dont want to work and make ur wealth work for you just learn wall steeet and banking.

45  Bitcoin / Bitcoin Discussion / If you want to know better about btc on: December 13, 2021, 11:54:39 AM
First its a digital gold.
Second: all you need to do is study about wall street and banking and finaces and federal reserve.
And you will be successful about btc.

I know wall steeet own shills coming here to argue with me about this but we all know many of u are just payed corrupted shills and u can only make this illusion to not educated newbies !!  
Dont pretend u are common people side u f payed shill !!


46  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: Stablecoin development looking for helpers and developer on: December 13, 2021, 11:12:47 AM
Is it that easy? I mean, what about the regulatory barriers? And, how can one ascertain that it has enough collaterals to be stable?

No collateral needed !!
Its just copy of the real currency.
47  Economy / Economics / Re: Maybe good time to loan money to invest in crypto on: December 12, 2021, 10:36:24 PM
Maybe now its a good time to invest
And borrow money.
Btc goes 120,000$  if you buy now you make like over 60,000$ profit.
But dont buy just btc divide ur portfolio ...
Buy few metaverse few top coins maybe web3 and u wait ATH and you sell it.
Pay i ng back loan and u are in profit.
Next year as we all know ATH 
Please don't.

Don't loan money that you'll use for investing in bitcoin. Yeah, we say buy bitcoin and hold. But it's not ideal that the money you're going to invest for buying bitcoin came from a loan.

It's a very volatile asset that you don't know if after buying, you'll get to see the part of its pump. Worse is that you just bought it and then the plummet comes and stays for quite a long time. How will you pay your loan if the current situation for you is you're on the loss.

Just don't.


Yes but right now i know atleast 3 guys who will going to take loans to buy btc.
48  Economy / Economics / Maybe good time to loan money to invest in crypto on: December 12, 2021, 07:44:17 PM
Maybe now its a good time to invest
And borrow money.
Btc goes 120,000$  if you buy now you make like over 60,000$ profit.
But dont buy just btc divide ur portfolio ...
Buy few metaverse few top coins maybe web3 and u wait ATH and you sell it.
Pay i ng back loan and u are in profit.
Next year as we all know ATH 
49  Economy / Economics / Re: To be financially well and healty you need to find fund manager on: December 12, 2021, 02:13:11 AM
Overconfident, but as a salesman you fit this bullshit. No one will really follow your advice.

So what do you really want to say? You say: Don't do this, don't do that, don't invest in this, don't invest in that. Do this but you don't do it yourself. Learn about this, but you say kmai school is useless. Stop the bullshit and give me a much more pleasant argument for us to discuss.

Okay about the fund manager? not Forex because it's bullshit, or do you get caught up in it and suggest others to follow?

One of the financial management there are 2 saving and investing long term.

Well, let's extend both from the perspective of long-term benefits and potential future support. We are in the crypto community especially Bitcoin, but that doesn't mean we force others. Just take a look at our output and try to follow the procedure how we achieve it until you are interested.

Nop im not making this topic to be that kind of financial fund manager here and not going to give investment advice here.


All of u here instantly assume bad about every f..user here.
Im not that kind of person u think im not gona sell s***t here just i try to enlight you and give some good tpughts of little bit education.
50  Economy / Economics / Re: To be financially well and healty you need to find fund manager on: December 12, 2021, 12:03:30 AM
First thing is find someone from your social circle who knows how to manage investments stock market crypto and gold...forex and he or she have some skills and quite stable history of growing profit [...]

Also a great way to lose friends while losing money.

Want to invest in...

...cryptocurrency? Buy a hardware wallet and get yourself some Bitcoin.

...stocks? Find a cheap non-shitty broker (ie. not Robinhood) and invest in a low-fee ETF that tracks a broad index like the S&P 500.

...bonds? Might just as well stay in cash.

...forex? Not an investment unless you reside in the likes of Venezuela or Turkey.

...gold? Just get gold, I guess?

Make sure you understand the asset you're investing in, don't try to time the markets, set yourself an entry and exit strategy in advance, DCA in, DCA out. Easy peasy, this is not financial advise, lemon squeezy. Won't make you rich, but should build a good foundation and in the long term will likely fare better than the friend of a friend of a friend.


Yes DCA 1% buying when prices going little bit down and 2% when prices goes down little bit more then just little bit then 3% of your portfolio when price per asset does it even bigger drop such us  20-30%

The managing finances right its goes like this u either do it right or u dont do it.

Also u need to have fundamental knowledge about solid assets do not fall on scams and dont waste ur funds to invest crap scams.

But thats why is best to find pro trader who can manage ur funds.
51  Economy / Economics / Re: To be financially well and healty you need to find fund manager on: December 11, 2021, 11:58:26 PM
First thing is find someone from your social circle who knows how to manage investments stock market crypto and gold...forex and he or she have some skills and quite stable history of growing profit [...]

...forex? Not an investment unless you reside in the likes of Venezuela or Turkey.


May I ask what do you mean by this?

What kind of nonsense? 
52  Economy / Economics / Re: To be financially well and healty you need to find fund manager on: December 11, 2021, 10:18:45 PM
Everyone should know the basics of financial literacy. It should be in the school curriculum.
To be honest, I would not trust my acquaintances money without understanding how the market or other business works.
They will say - the market has fallen, and will run away with your money, and you will not even know that the market has grown)


If u manage right way funds it dont matter if market up or down.
53  Economy / Economics / Re: Mortgage are most wrong financial decision you can make on: December 11, 2021, 07:26:37 PM
~


To give out 20-30k for down payment i dont get nothing for this really just more the obligatoion to pay debt.
Better use money smart way why should u give to banks ?
Take the 30 years mortgage plan u are 30...you get payed when you are 60 its grazy anything could happening ...

When you take ur mortgage down payment just keep that money wait for crash and buy things cheap in this inflationary money printing scenario we are in now more often crashes occurs.

Or take ur 30k go some cheap place buy house there and rent it out not good to just give away  for so called " mortgage down payment"
Also ur morgtage monthly payment are quite similar with rental payment adding up your 30k also we get quite bad financial decision here to get mortgate
Well, you don't pay that amount if you don't have any means to sustain the payments and to keep things going. You're saying is bad because you're buying a house immediately when you know that you're money and what you're earning isn't enough. You buy a house and pay mortgage when you know that you'll be able to pay it. It's not a bad financial decision, you just suck at making a plan on what you should be putting your money in.

Its a bad situation to be in debt 30 years that big without down payment it might be option but u make urself in debt u might lose ur house also u lose down payment and also the money what u did payed as life have no guarantees its not smart to put urself in more not beneficial situation.
If u do have money to put down paymemt u might just considereing the option to rent as u dont need to put down 30k

Second thing is buying car with 30k is same dumb move as using this 30k for mortgage downpayment.
In case of car always its good to lease with zero or near zero down payment.



Remember guys you always neeed cash reserves in ur life so live the way u never give away ur reserves so think whts most beneficial for you.
54  Economy / Economics / To be financially well and healty you need to find fund manager on: December 11, 2021, 06:21:20 PM
Even you are not interested about managing your wealth right ways this something whats important.
Sure you look at the rich and wealthy ferrari lambos...bentleys but u dont realise one thing.
All what the rich are doing different then you is they manage their finances smart ways and as soon as u do it same the quite same future will wait for you.
First thing is find someone from your social circle who knows how to manage investments stock market crypto and gold...forex and he or she have some skills and quite stable history of growing profit dont look of those who just got lucky to buy shiba...lol look for those who knows about finances as instutional rules wall street and can do good portfolio management and who knows about risk managent.
Look for those contacts give them funds to manage or get financial advice and you will see your wealth situation will going better step by step.

Dont try to invest and learn hard ways with ur own money let everybody do their own thing let the someone who got all ready those experinces of loss will use his experince for your advanced.

Thats just a another simple ways to become wealthy ...our schools are quite useless they really dont tell you how you should do things proper ways.

55  Economy / Economics / Re: Mortgage are most wrong financial decision you can make on: December 11, 2021, 04:47:49 PM
What a dumbass, not all your money should be put in an investing instrument, there are other forms besides the investing that you're talking about and the one that you're saying that's bad way to spend money is actually a really good investment which is real estate and we all know that real estate will only go up in value thus placing mortgage to pay for your own home is an investment itself especially if you want to settle down, renting would be bad long-term. But I can see where you're getting at, mortgage is expensive but to say that it's a bad investment isn't really a fair statement.


To give out 20-30k for down payment i dont get nothing for this really just more the obligatoion to pay debt.
Better use money smart way why should u give to banks ?
Take the 30 years mortgage plan u are 30...you get payed when you are 60 its grazy anything could happening ...

When you take ur mortgage down payment just keep that money wait for crash and buy things cheap in this inflationary money printing scenario we are in now more often crashes occurs.

Or take ur 30k go some cheap place buy house there and rent it out not good to just give away  for so called " mortgage down payment"
Also ur morgtage monthly payment are quite similar with rental payment adding up your 30k also we get quite bad financial decision here to get mortgate
56  Economy / Economics / Re: Mortgage are most wrong financial decision you can make on: December 11, 2021, 04:41:36 PM
I'm just not sure why people only think of 1-2 year gain in bitcoin. This investment is risky where no one can guarantee that we will get 100% annual return on investment. I know that in the long term we will be very happy with the return, but when they invest in the ATH price, they have to hold on to it longer. Indeed, this investment is profitable, but must consider the risks. I only talk about bitcoin investing because I think crypto (altcoin) are generally no better than bitcoin.

Mortgage, it really depends on what purpose you are doing it. I don't have to do it just because I want to own a house because generally I only need a minimum of $20K to own a simple and minimalist house in my country. Some people in my work environment have been doing it for a period of 5-10 years, but generally they are not people who have an interest in investing (stocks or crypto) but if they buy gold.



U dont neeed to invest ATH time price !!
U buy low
57  Economy / Economics / Re: Mortgage are most wrong financial decision you can make on: December 11, 2021, 04:21:47 PM
Mortgage in some countries is ofcourse undeniably ridiculous. But you have to understand that it's not always about buying a house it's also *sentiments as well* which is honestly very important for some people.

Some people do not want to buy a house at all, they rent for a long period of time and haven't been happier, therefore I do think that we cannot compare since money and smart decisions aside, sometimes it's important for the family.

Mortgage is a good and wise decision if you know you are living in a place where the rent is extremely expensive. Honestly look at the apartments in London, you can just buy one for 2 year worth of rent.

Therefore it's not so easy to calculate the right decision to make. But investing is ofc a good way to make that money, especially investing in stocks and bitcoins. But that too is not 100% true since you might need to encash when the value is low and might have to hold onto that.


If u buy then yes but not good to take it with mortgage.
58  Economy / Economics / Mortgage are most wrong financial decision you can make on: December 11, 2021, 03:01:58 PM
Lets do the little calculation why
You buy house or apartment with total 300,000$
You have to put down payment of 15-30k ...wich is all ready bad.
With this 15-30k you can make more money in 1-2 years by investing it  on gold stock IPO usually 5x-10x return of good ipo if u buy before listing.

With crypto u can make easy one year 100k of this if you divide this money small percentages. And buying  dips of btc and some othet good coins.

But if you put money down on mortgage that big and it takes 20-30 years to pay back mortgage well the chnages are u never going to pay off this also you put your capital wich has a lot good ways to use just giving away your hard earned money.


Mortgage without high rate and without downpayment even not smart but with downpayment no right in their mind will never do that.

You better rent if you can afford downpayment the money u r willing to put down for the downpayment  u can live one year in decent apartment and you have money free to use.

Second thing is it smart to buy property ?
Only smart is you want to let and making profit out of it.

But to be smart with money you can buy items only wich not exeeds your 2%  then you stay in preospeurs state in your life.

How do i know its time to buy or sell ?
Its so simple if dollar strong.....you sell dollar.
And buy back weaker dollar to get cheaper dollars.

If inflation hitting hard its a top on markets so no goestions about it you sell everything if inflation going lower you buy everything.

Do not worry about something you sold at the ATH and it keep going higher after this its a " overbought" the fools trick. The price will come down sooner or later make sure u sell at green all gold real estate stocks and crypto.


As we see so many easy opportunities to use money smart to but it down on mortgage payment its a clearly wrong doing with ur finances and waste of money.


If you put down payment on mortgage its money you just trhow away and never gona see it.

59  Bitcoin / Bitcoin Discussion / Re: One problem with BTC on: December 11, 2021, 02:39:50 PM
It has no owner if something happens who do i complain ?
If something not right with eth i can complain to V Butern
Right now the owner might be of btc GRAYSCALE so the Micheal Sonnershein the Satoshi Ceo of company.
Second question who will guarantee my btc safety ?
I trust exchangers as i trust people who are well known
But i think we not ready for decentralized finances as someone got to give out guarantees.
Right now the biggest shareholders are arkinvest and grayscale so i guess they should also have more liability and responsebility as tgey got more profit of dumps and pumps as they are biggest ones so they can manipulate with prices but still btc needs owner the company who will be responseble for all
I guess we can send complains about btc to him.

My grandfather said if no responsebility of person then no assurence of great business.

LoL wat? You may complain as much as you want, Vitalik won't give a shit about your losses.

You guarantee your btc's own safety by holding it in your cold wallet.

This shit is not for retards. Take it or leave it. As simple as that.

If this is future then future is not for retards also Wink
But what about equality humanity and try to be best for everybody some people are better off to let someone else taking care of their important things.
60  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: Stablecoin development looking for helpers and developer on: December 11, 2021, 02:37:23 PM
The marketcap of this will 100x bigger then any currency.
Our team will push forward this project
How do you want to promote a stablecoin project and you are talking about 100x supply more than any other currency.
it will be 100:1 not 1:1.

Second, what is the difference between euro (USDE) and USD (USDT, USDC, BUSD)? People are looking for price stability, as it is not forex trading, and therefore there is no difference between the stable currency, the important thing is that its price does not change against the dollar in a short period, and therefore most of the stablecoins are in dollars.



The supply does not matter what matter is:

Everyone knows if its eur its same value as eur if its usd it has same value.
It just some have more usd eur with this but value stay same. 
1 stable eur are 1 eur value.
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