We heard that data breaches and hacks in the crypto currency exchanges are more often and almost every exchange faced that but when it comes to casinos they're actually better in that isn't it cause I don't see any casino's got hacked like exchange which means the casinos are having better security standards when it comes to protecting the data and funds.
If that so then how is it possible for the casino why not by the exchanges.
Your thoughts!!!
There's no proof into that but in speaking about the difference between exchange and gambling sites then when it comes to technicality or scope of its service then we could really tell that exchanges is more that technical or more complicated in regarding transfers and we cant really be able to deny in speaking about the volume that goes in and goes out and having that tons of payment methods and other services that had been attached which simply shows that the higher the number the more possible chances of things to be exploited and since casinos are only focusing on one thing which is on the security of their site and there would be no breaches. Im aint saying that exchangers doesnt have but since to those lots of possible holes then maintaining could really be a pain in the ass. Comparing the number of exchange hacks and casinos then there's really those differences but come to think that if im a hacker then i would definitely be targeting exchange platforms knowing on how many millions been circulating on this platform rather than on a gambling site. Right?  |
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Although financial education is important but financial education without money will earn you nothing other than poverty. I highly disagree with you about that, @odunybiz. Don't be deceived, despite the fact that financial education cannot make one very rich and wealthy due to some personal secumbtance of the individual in pursuit of riches, but financial education will not totally leave you in poverty, but rather only you (yourself) can choose to be very poor to the core. The reason why I said this is because financial education does not just educate and enlighten you on how to invest your money; it also teaches you the means by which you can generate income, how you can grow your income, how you can multiply your income, and how you can sustain your income. Financial education is not just based on one thing but is rather broad. So, don't see financial education as a waste of knowledge, because no knowledge is a waste. Most people, after acquiring certain knowledge that can help them generate money for themselves, they don't have the self-will and zeal to carry out what they have learned so they can make money; they just feel reluctant and dependent on others. But everything would really be that learned or would really be taught on the time that you would really be having some education or paying up some teacher or advisors to that kind of specific area. This is why i do really highly believe that almost 100% would definitely be choosing that $1M dollars rather than with that Financial education on which it is something that you could really be able to study later on on which even myself would definitely be choosing that money which we know that not all people would really be able to get a hold of. Financial education is indeed that really that necessary if you are really that planning to have that kind of financial status which is sitting on that better side which managing your finances will really be always that recommended so that you wont really be finding yourself on later on problems. We know that there are really people who do really skip out on doing so just because they have get out their richness on instant, mismanagement would definitely be affecting them huge on the time that thy would mishandled out their funds. Agree on this 100%. Step 1 : Get that $1M dollars Step 2 : Get some financial advisors Step 3 : Learn from it Step 4 : Deal with investment and businesses Step 5 : Diversification Step 6 : Repeat Step 4-5 Step 7 : Achieve Financial Freedom These steps might be that simple to be done but its not something that could really be acquired surely or having that assurance. We know that business could fail or investment that we do have which it could really be resulted whether success or failure but we wont really be able to see if we wont really be able to try. |
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Don't wait for the bottom without buying in the Dip.
You might be new to crypto but I admire your courage and knowledge towards how bitcoin have worked and how it's price has been performing from the past 14 years. Not everyone can think the way you do, even those who have been here for a year or two has no courage in doing what you do, instead they kept finding the bottom and kept missing it for sure. This method were actually used by several people in here and it is called the dollar cost averaging or DCA, it's where you will purchase smaller fractions in a cheaper price of course (dip) rather than purchasing it once at a certain point (bottom) which is ultimately hard to find. IMO, considering how far bitcoin have gone in the most recent ATH and how close we are from the next bitcoin halving, $26k is already a good entry point. Even myself considered to be on this space for 7 years but still there are moments on which im really that a fan on trying out to look for the bottom price on which this is something that a common behavior for someone to do so just because we are really that trying out to maximize possible profitability on which it is really that something normal for you to have this kind of approach when it comes to price movements which it is really that totally random or unpredictable. As a trader then you would really be finding yourself that be that trying out to maximize profitability and this is why its not really something that you could really be avoiding on finding the bottom but its true that whenever there's a dip then it wont really be that bad for you to make out some buy position. Somewhat making up decisions on times like these wont really be that easy because you would be always having the thought that what if the price would go down even more? You would really be that skeptical on making such step or movement just because you are really that being hindered with those probabilities. |
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Bitcoin price speculations is one of the market tools used by market speculators to take position in the market and in doing that DCA evaluation is the market calibrator used to determine what direction their approach will be either to take profits or buy during the discount level.
This tool has made our journey in Bitcoin accumulation smooth and rough at the same time, but the impact of the reality of this approach is equal to individual positions when taking that approach to define the market.
So my question is, what has been the impact of Bitcoin market speculation on your Bitcoin/DCA approach on the Bitcoin accumulation journey?
Depends on what position you are into and if you are going for long term holds then you could really still able to do such thing about having that DCA or buying more on the time that the price plummets or do make out some correction.How much more into those people who do make out short trades and having that negative because of that peak entry point? For sure you would really be considering on taking up some DCA to lessen out that kind of losses which you had commited earlier and lessening out via doing DCA but of course this isnt something that anyone could do since not all would really be having the money on doing so. This is why it would really vary on each person on what are the decisions that they would be making whether they would be sticking into their plan or would really be making out some additional steps or movement so that they could be able to take advantage on whatever market conditions that they would be able to encounter. |
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From the history of gambling it's like every tribe tried to create a means for recreational activity which metamorphosed into what it's known today as gambling
I always thought that in the beginning people used gambling not to wager money but to try to to contact heir gods and deities, as OP says. They thought that random results were messages from them and tried to interpret them to know things they were interested in like the quality of the crops, the weather and if they should to declare war against other tribes. After money got invented in the form of coins, gambling got more widespread, I recall seeing in a documentary film that taverns where people gambled existed in the Islands of the UK close to the Romans times. I think there is no money back in time but maybe they can use other valuable things, or food for example. They can also use gambling as another way to entertain their selves, as gadgets and other electronics are not yet invented, but that is not the case here. It was truly unexpected. When coins are invented, this allows coin-operated gambling machines to be born. They became a hit because they are convenient. You can see them in the bar, gas station, mini marts, etc.. and you can simply try your luck if you have an extra coin in your pocket. Fast forward, we are now on the era where online gambling is dominating. Well it's because they are much more convenient. Thats the main difference if we are really that trying out to differentiate in between timelines in speaking on what are the things that been risked out on the time that they would gamble. They do differ in form but ending up on the same thing which does have value because you cant really make out some gambling game or against someone without betting a valuable thing. Neither on ancient times or digital age the whole concept of gambling would really be just the same. They do really differ in form and offerings or types on how its been done. As we do know that gambling had already existed on ancient times and then further developed as the generations had passed and this isnt only excluded on gambling field but also in other things in life which it do evolved and been able to be invented out. Lots had changed and lots had been replaced by something new but in overall concept or risks taking then gambling would really be remaining to be a gambling thing. They do really just differ on some points but still the same on how its been done and needs up on risking something. |
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But if you use Binance and do kyc there I don't think there will be any problem because they are a trusted and very big exchange platform. So there is nothing to fear about it
Any CEx can suffer data breach. Being big in the game does not necessarily translate there will be no problems. It's also known that CEx's shares user data to who knows what. In fact, one of the third parties binance used suffered a breach and people's data were leaked, see: https://cointelegraph.com/news/binance-kyc-breach-did-it-happen-and-if-so-whos-to-blameIn short, there's still a good amount of risk involved even with established exchanges. People shouldn't really forget these things but eventually these binance issues were forgotten already since people would really be focusing most of the time on what is the current reputation and popularity does it have at this moment on which it would really be that a common for people to have that kind of reaction on which they do easily forget those breaches on which this exchange have in the past. People doesnt really care as long it do really give out the services that it do currently gives and this is why they are really that still sticking on making use of this exchange. Its true that when it comes to data breaches then these centralized exchangers are really that prone to these things but it seems that the community doesnt really care at all. In between choices of CEX and DEX then it would be entirely be depending on your needs but cant really deny that cex offerings is more better because it do really engage out with direct with fiat or easily could make out some p2p transactions on local fiat on which i do really prefer the most. |
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Few years ago, didn’t though that bnb could reach such milestone as it is 3rd most invested altcoin in crypto world. But most of exchange tokens are fall down for being useless (only use for discounting exchange fee) as well as after exchange get hacked. So what do you think about bnb in next 5years?
Is it really worth for long investment? Will it increase like ether or become dump like others exchange coins?
Totally depends on what would be the relevance or popularity of Binance Exchange in the next 5 years that we do have. We do able to see those popular exchange platforms on 2015-18 as far as i remember on which it is pertaining about Poloniex and Bittrex and this is something that no one believed that they would really be replaced out by Binance on later years. If Binance would be able to maintain out its reputation and popularity then we can assume that BNB price would really be might be able to increase its price even more comparing to now, but if we are seeing the different thing like it gets hacked and losses out its popularity then expect on what would be the price condition of those binance related coins like on the things that been mentioned above. Everything would really be mainly affected and this is one of the risks involved on investing with Bnb or even other coins which it doesnt really give out assurance or sureness about profit for long term or even on forever. |
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Yes, you're right, of course it takes time, not just a few days or a few months, to be able to create a business, and even those who have been in business for several years may not necessarily be able to enjoy good results. I have never seen a business that has just been built can get good profits, of course they have to go through every process to get good results.
It is very hard at first as in very very hard. There are times that you just want to keep and you are actually saying to yourself that you are just dreaming, building a business is very hard, it needed a background in business of course and other things in book keeping and cash flows. You cannot do business in one day and tomorrow it will be book so fast, there's no such thing as that. But as what they said, the first few months are the most crucial and difficult days. Agree, Having a business idea is awesome. But turning a business idea into a sustainable business activity (business pulse continues) is another matter. It must be balanced with an understanding of concepts, tips and tricks in doing business. Having a business idea, moving (realizing business ideas), and learning business concepts must go hand in hand so that our business runs well and generates profits. I also don't think that if there is a business that has just been launched the next day it will immediately benefit, doing business with everything has a process that cannot be instantaneous unless we work in the service sector, maybe this can benefit directly. For me, no business that has just been launched will immediately benefit. But business opportunities that never die, exist. And it is very interesting to learn. Such as culinary and fashion business. Food and clothing are primary human needs that will always be in demand. And the treasure that never dies is gold and bitcoin. Thats the biggest challenge on which on how you would really be able to get your first customer/buyer, right? In speaking about profit then there's no way that you could really be able to get that ROI in tomorrows sales and this is something that would really be that no sense if there's someone who do make out such claim because it cant really be that possible. In building a business then it wont really be that something that would really be able to achieve easily in speaking about return of capital or something that do talks about ROI. Business success is something that could really be determined far ahead and speaking about sustainability then this is really that what main in question on which there's no way that you could really be able to know on whats ahead. It is one of the most common risks and danger on having a business or investment on which it doesnt really assure that you would really be gaining success with it. |
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Indeed, in playing gambling we have to pay attention to the things we have to do such as limiting the money we will use in gambling, but someone who is already addicted may be ready to risk his money in gambling because he is sure. will win, for example by betting on football. the team supports his pride that he thinks he will surely win without him knowing that predictions are unpredictable. and finally exhaustion ensued, he just realized that he had used his money to gamble without leaving his money behind, and I agree with you that playing gambling must be done in a relaxed manner and balanced with a calm heart.
Someone who is already addicted to gambling will not think of gambling with a small amount of money because these people always expect a big return on what they have staked. Anyone who is already addicted to gambling—if you see them gambling with small amounts of money, probably that’s what they have in their account; if not, they won't. The fact is that most of the people who are already addicted to gambling got this addiction because they turned gambling into something that they would do to get money, not for entertainment, so you see that they won’t think of using small amounts of money to gamble.Their eyes are always on the money that they think will be returned. They forget the analysis that needs to be done before gambling. All they want is money. On the time that you are already anticipating for huge win and minding about raking up big numbers then this is the time you would really be making yourself that desperate whenever you do make out some gambling activity since you are really that aiming for huge returns or winning which it would be understandable that you would be needing to stake up big.If this kind of behavior occurs then expect that losses would really be tremendous knowing the reality of gambling on which tons of people who do really get wrecked with it if you arent that careful. It might really be that easy to some people on having that kind of control but its not actually that something that simple on the time that you are really that aiming on making huge wins because this thing what makes you desperate and this is something that should be avoided in the first place. Gamble for fun and dont aim for money or winning because once you have this then it would really be that hard time to recover and hard time to make yourself totally get rid with it. This is why you should really be that careful. |
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Loan Amount: 800 USDT (TRC20)
Loan Purpose: Personal
Loan Repay Amount: 880 USDT
Loan Repay Date: 1 month
Type of Collateral: None
USDT addresss: TTJ4PnKuABQjTymdBEzhCkriNywjoz3zwK
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Focus on your needs, and disregard your wants. I know you will still be able to afford all your wants in the future if you become financially stable and secured. For now, know those things that are necessary for your survival and stick to it. That way, you will only spend within your budget and within your means, which means no overspending that will eventually ruin your financial plans. Always discipline yourself when it comes to financial matters. That’s the only way so you won’t end up relying in your debt and just learn to live within your means.
Prioritize your needs indeed and its not really that bad to buy up sometimes with our wants as a form of reward from our hardwork but you should really know your limits and be responsible on such act. People do usually mess out on the time that they would really be spending on things which arent that important or really that in priority on which on the time that they have seen that their needs are already depleting and they cant buy something then this is where they would usually be freaking out.If you are really just that mindful about your priorities and responsibilities then you wont really be able to experience such problem.Usually people do only learn up things when its too late. Its a basic and common principle and condition on which majority of us do really experience out. How much more if you do have your own family to raise? Spending out something which its not really that important and simply wasting up your money would really be bring out that disaster. We know that we cant really be having that income forever or something that huge problems do kicks in. |
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3. We should always tell people to go do their own research about bitcoin after giving them some preaching about it. Doing their own research from with what they get online can strengthen their conviction about what they've have been told.
Even without being told, I think the most appropriate things to told before venturing into any business or investment is to do a proper check both online and offline, you don't literally get into some kind of business by what was said by someone who linked you because a lot of scammers out there has brainwashed some of their agents who go about bringing people with the aim of providing a platform where they invest and make more money but at the end they end up scamming them so I think for more clearification a proper research should be done by both parties to avoid lost of funds after investment. When it comes to Bitcoin investment, personally I have a special way of preaching to people especially those around me and I don't argue more doing that because smart phones and the internet helps to ease the stress for me so all I do is to talk to whoever that is interested to know more then bring up my experience in my journey as a Bitcoin believer and as an investor but I try not to involve the the number of Bitcoin that I have not talk about things in my portfolio but I don't lie to them that am an investor because there's no way am going to preach about what I don't believe in or practice. In depth research and confirmation would definitely be that part of human instinct specially on the time that it would really be caught up your attention then you would definitely be just that normal that you would really be having that kind of approach when it comes on dealing up with things on which it would really be just that normal that you would really be tending to make out some research on in depth analysis and would be able to find out whether it is really just that good for you to deal with or not. It would really be just that depending on you since not all would really be that good on decision making in times or situations like this. In speaking about recognition and adoption then its inevitable and on the moves, it is really just that there are some other factors which would really be that affecting out your overall point of view whether it would be something positive or negative. Just let the movement do its job and would flow normally. It is really just that there are people who are really that in rush in speaking about overall adoption and recognition on which it is something that couldnt be fast tracked. |
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You mean for example an institution to buy bitcoin at $26000 in spot market, manipulating the price to go higher, open long position in the derivative market with 2x leverage or more so that they can gain more?
Bitcoin market is not easily manipulated and I do not think institutions can think that way if they do not want to lose and see unexpected things to happen.
Or simply that Crypto market cant really be easily manipulated but we cant really deny that there are indeed times on which movements really seem so odd on which sudden declines and liquidating whether long or short positions would really be hit up. This is why we cant really be able to tell that its completely manipulation free yet whales+institutions could really make out some play here on this space.For crypto then it would be hard due to that decentralized aspect but if we do talk about stocks or forex then this is something that could really be seen but would really be that hard to be able to detect out when its happening. Futures trading is really that profitable in even just moving a few bucks with high leverage but something that would really be risky. For institutions then we cant really tell if they are doing this or not but i wont really be so shocked if ever they got caught someday. Wait, is it possible? lol |
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A family member reported to me that her eighteen years old son has started gambling. She is not worried that he is gaming but her problem is that he is a student that solely depends on her for everything he needs. Her fear is also that her son might start stealing from her if he has no access to the money he needs to gamble. My relative has even started suspecting that some money she feels was misplaced might have been stolen by her son.
I spoke to my nephew and he told me that he has never stolen from his mother to gamble. And he gambles with only his savings from his weekly stipend he receives from the family. And he won't gamble if he has no savings to do that. From my observation, he is a responsible gambler that is just enjoying the game and making a little money occasionally. The gambling age in my country is 18+, but his mother is insisting that he must stop. What will be your advice for this young boy?
My opinion is that he must stop, while he is above the minimum age to gamble, the money he is using for that is the money he is receiving from his mother, money that was obviously not for gambling and had other intentions behind it, now if he was working a part-time job and he was using the money that he has earned on his own my posture will be the opposite, as that would be money that he earned by himself and no one should have the right to tell him how to spend his money as long as it is legal for him to gamble. If his mother is really that serious on making his son quit gambling then better cut-off that source of funds or money that he has, but of course it would be having those possible implications if she would tend to do so, this is why its really hard to make out decisions in here part. 1. Totally able to get rid of gambling activity due to lack or no money to play with 2. Would be doing illegal things and possibly be stealing into other people because they are really that planning to play even more. Just like been said that this what makes decisions even more harder and should really be taking up the consideration because it could really be only having that two possible outcome. So i do agree on some points that it would really be just that better if you do have that serious talks in between your child and made him realize that everything should really be in control and really be careful on dealing with gambling. |
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From someone who have claimed faucets almost all his days in 2016-2018 and managed to make some good money from just faucet claiming, I can't help but thinking how those running faucets at that time making money from it.
Since I don't see many people talking about this today I will like to ask for your help if any one knows of any places that I can learn about how to run my own faucet and how to make money out of it? .
Running Doge coin and few other old cheap coins like Litecoin Faucet is still doable, I can even add the likes of Shiba too, where do you think I should start from? What do I need to learn about?
Lastly, what advice do you have for my goal?
I do remember those days where i do able to get Byteball and Rai (now NANO) claimed on those faucets, i do even remember to those times where i do claim out ETH on a faucet. For those dedicated faucets sites on how they would be able to make money then for sure it would really be something that talks about traffic. Website could be monetize and we know that it could be placed out with some ads and other things which you could really be able to apply on as long it could potentially bring out clicks as for you an owner of a faucet site. Just like the rest been saying that today it isnt really that possible anymore. Why? crypto coins arent cheap anymore, there might be some altcoin faucet sites that might be existing as of today but people would be just simply ignoring it out, they would be always preferred on seeing to those top coins which are available which might really that getting that attention once again. |
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It has been almost 4 months since this post. I still think the same way because there is no development that would require the Bitcoin price to rise, except for halving. Of course we all want the price to go up, but we have to be realistic. I think that the target of 60 thousand for the end of the year is very high and difficult to reach.
There may be a bull run before or after the halving, we need to be prepared for it, but there is no guarantee that it will happen by the end of the year, so we should not rush.
Bitcoin is progressing step by step and will reach its goal with solid steps. The bull run will come and what we have to do is increase the number of Bitcoins we have. That's all we need to focus on right now.
The only hope right is halving but we have to keep in mind that it takes time after having before we start seeing a bull runs. Right now it's good time to buy bitcoin for upcoming bull run. What we learn from historical price chart is that there is always a massive bull run after every halving. If you have faith in bitcoin then better start accumulating bitcoin now. There's no other thing that we do have in mind on what would be the most common catalyst for going up in terms of its price or value but rather majority of us is really that waiting for the halving even on next year. Somehow if there would be some good news or positive ones which could trigger out some good impressions towards the market then we might be having the chance but of course its not something guaranteed. We know that $60k isnt really that too far off on which it would really be just that common or really that normal that people would be skeptical because of the random movements that we do have. If Bitcoin market really rallies, $60k can be done in less than a week but at this moment it looks like there is not enough catalyst to hype the market and create FOMO among the traders and bystanders. I do not know what factor this coming ETF decision will bring, is it a hype or a FUD? Its been a while that we are moving sideways, its been a while which we had been always that rejected on 30k price point on which it is really that hard to tell on when the price would be breaking out that resistance. For this year then it is really hard to predict but while we are approaching towards Halving then we might be seeing some significant movement.It is really just that we cant really be able to make sure whether we would really be having some initial pumps or would really be able to see some one huge major correction before we would take off. It is really that to tell honestly
and this had been the main question of everybody in the first place.
Yeah, it's been a long sideway movement for the Bitcoin market. It feels like someone doesn't want the market to explode because every time there is a sudden uptrend, it is always got sold making the price goes back to where it was before. I believe once these people finish accumulating, we might possibly find the market moving at a surging pace but of course, we will never know when it will happen. And now here we are on which the price did make out some significant movement into its price which is really that going down due to that massive sell-off by Elon/SpaceX which it did really driven down the price going back to 25k but we are seeing some slight increase on price but there's still tendency that we might be seeing 23k if negative things would be adding up on the pile. Yes, it does really need out that kind of catalyst for us to reach out that 60k for this year which it seems that it cant really be happening but who knows? We are still 4 months away before this year ends which we know that it would really be that still a sufficient time for us to make out such progress. We know on how this market behaves and what are the possibilities about those sudden u-turns when it comes to price or value. The key on here is that you should really know on when to get in and when to get out but if you are holding for long term then these type of condition or situation wont really be a bothersome since you could really just simply sit still and have the chance on accumulate cheap then you could eventually do it as long you do have the funds been allocate for such situation. |
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Well from the looks of things its not having a good day neither, a fall after a fall is always a bad indicator, it can fall once and that's not really a shocking deal, but from 29k to 27k already happened, and then it went from 27k to 26k levels as well. However, each fall brings us closer to a bull run as well, we all know that it will have a bull run so all we need to do is wait, the more it falls, the closer we get. Of course we can pass this period without going down as well, it can just stay the way it is, but that doesn't mean that we will never have any drops. So long story short, we are going to end up with a result where it will definitely have a problem if it doesn't fall and just accept that this is going to get better in the future.
This is just one of the hurdles in bitcoin market that I think can easily be surpassed. Even if we say Musk's SpaceX company sold multi-million dollars worth of bitcoins, the plunge actually is not bad. Because if this move was really huge, we can easily go down to 20k and below, so this won't last too long. It can easily goes up as whales will try to get a hold of these cheaper bitcoins in the market. So if have strong indication that anytime we will go up even to 30k level, you already have your profit when we go back to that price. Market could really be only having that two possible paths or movement which is going up and going down. This is why we cant really just be making ourselves that being too impulsive on the time that we do see such declines which we know that news and fundamentals could easily happen in a snap which would make out that immediate or significant effect on the market whether it would be positive or negative. One of the things that you should really be getting prepared on the time that you do deal up with this market is to make yourself that wary about the potential events or things that could happen and this is where we do really make use of those Plan B or C's in regarding in our position. Some might be that liquidated and some might be on negaitve. It wont really be considered to be a complete loss if you wont really be selling out or closing that position. So always expect the unexpected since this market is always been like this or really that a default thing. |
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A family member reported to me that her eighteen years old son has started gambling. She is not worried that he is gaming but her problem is that he is a student that solely depends on her for everything he needs. Her fear is also that her son might start stealing from her if he has no access to the money he needs to gamble. My relative has even started suspecting that some money she feels was misplaced might have been stolen by her son.
I spoke to my nephew and he told me that he has never stolen from his mother to gamble. And he gambles with only his savings from his weekly stipend he receives from the family. And he won't gamble if he has no savings to do that. From my observation, he is a responsible gambler that is just enjoying the game and making a little money occasionally. The gambling age in my country is 18+, but his mother is insisting that he must stop. What will be your advice for this young boy?
The problem in this case isn't gambling itself, but the possibility the son is stealing money from the mother. That is a very serious issue. He said to not have stolen anything, but if it wasn't he, who was it, then? I think for a mother to accuse her own son of such terrible crime it means she has strong evidences of that, correct? Because when you point your finger to someone calling him a thief, you are directly attacking the honor of this person, so you must be sure of what you are doing. What I can say is that this situation should be further investigated before reaching any conclusions here. If he wont be stopping on engaging with gambling then sooner or later his son would definitely be stealing up something from her which it is really that a huge problem specially on family-related issues or problems which needs to be cut-off or needed up some solution. We know that active dealing with gambling could really be potentially be making you that an addicted person and this is a must thing that should really be avoided but scolding out your children wont do something good but rather they would become that rebelious.This is why i do agree on some points that in order to solve this one then better talk one on one with your child and telling them on stopping or minimizing on doing gambling because it doesnt really give out that good financial status or condition but rather on too much spending on leisure or entertainment is always that not a good step to make. Cutting off the allowance might be the key but on the time that you are on a tough situation then this would might spark out on making your child stealing specially if the addiction is severe. |
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The very first wrong decision he took was to sell his house to invest the money in Bitcoin which is never recommended option no matter how much potential Bitcoin has. One has to only invest what they have as spare money into things like cryptocurrencies because there is basically no guarantee as to when you might get something on top of it or even get your actual money back since the market is extremely volatile and unpredictable as well which makes it difficult for everyone.
And then he invested or traded the money in the market without gaining any knowledge beforehand which is basically the recipe for disaster for a newbie. You cannot gain profits from the cryptocurrency market if you don't even know how the market works and how you can do all the things.
bitcoin trading becomes very dangerous for those who lack knowledge, but sometimes we feel like we want to act immediately, so we don't miss the moment. therefore the things that need to be considered in outline are bitcoin being the main choice in investing, and patiently holding it until a bull run occurs, I think if beginners even though they have little knowledge of practicing it will be safe. the problem is that people tend to get dazzled by new projects that can pump up thousands of percent Not only limited on Bitcoin trading but also in other market as well on which investing is never been that simple or risk-free, there's always that risk of losing money.Therefore, you should really be needing to plan and make that analysis before you do proceed because if not then you would really be finding yourself on huge trouble or headache on the time that you would be finding out that you are really that taking some reckless steps on which would be causing for you to have losing funds or investment.This is why we should really be that wise and be mindful on every step that we would make. We are all starting on being a newbie which is really that casual or something that really in default.We cant really just make things that goes on what we do have in our mind, everything would really be a challenge specially if we are dealing with the market on having that extreme volatility. |
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I don't really have much to say as regards to this post. It is just an avenue to hear your thoughts on which is better to invest both time, energy and resources in, mostly for a season as this, where we are experiencing economic uncertainty and ill-timed government banking policies.
So, given that the resources are available or not and you are presented with the opportunity to start/grow or buy an existing business just like Elon Musk, which option is more preferential and benefitial to you? I have this dream of flipping businesses since I started to listen and follow some business gurus. I would go with starting a business and the selling it off once it reaches my target valuation. Just as we saw with Instagram, WhatsApp and so many other businesses. I'll start a business from the scratch, build it and then sell if off and go do another one. And the thing with this is that I don't even need to be personally involved in the day to day activities of the organization. I can hire competent and professional business executives to do that. This is my preference. On the time that you do reach out on a state on which you could already hire up people then you would definitely do it and this is the beauty if you did able to see such positive outcome towards the business you are dealing with. Basing up on the question whether you would start up from scratch or would be buying up someones business then it would really vary because success will vary on how you would really be handling out the business that you had purchased. You cant really just make yourself that able to assure about continous success but its really hard for some business owners would really be selling out their business if it was profitable. On the time that they would be selling out a business then for sure you would really be assuming that there's something wrong with the business whether its not profitable or in the verge for bankruptcy and you arent that dumb enough for you not to look out those conditions on the time that you would be buying it. You wont really be that dumb on not to check everything before proceeding but in overall i would really be that sticking on something which i would be the one on building it from scratch. |
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