Bitcoin Forum
May 08, 2024, 11:26:54 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1] 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 ... 131 »
1  Economy / Trading Discussion / Re: Stop paying money to learn trading when you can learn it yourself on: March 28, 2024, 09:42:23 AM
Maybe it depends on the seminar session you will attend. If the speaker is really a well-known or reputable trader, I think the price is worth it, and what will be taught is okay. But the others are just pretenders; they just wear formal business attire, and when the session comes, the teaching is not worth what they paid for.

but most of the seminars about the trading session were actually turned into business. only had a little knowledge of trading made for work. As a matter of fact, there are even more good people here in the forum who are good at explaining trading or blockchain technology, not because I am here in this forum.
It is true that this really depends on the seminar we are going to attend and we also have to see whether those attending the seminar really have a good track record in the field of trading because if we are wrong in choosing the seminar, of course there will be some people who only look like what you mentioned and they only seek profit from the seminars they create.
Yes, we will get more information about trading on this forum and many will be able to explain it more clearly and we will also be able to ask them directly.
2  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin a scam on: March 28, 2024, 09:09:28 AM
I have come to understand that people who are calling Bitcoin names are those who are not well learned about Bitcoin. They are always quick to judge whatever result that comes out from the mouth just to discredit Bitcoin but little did they know that Bitcoin is now all over the world and people are tuning in to adoption and acceptance. OP I think telling people about it would help alot to change their mentality towards Bitcoin and enlightenment which is very much important to keep them informed about Bitcoin happenings.
Those who judge Bitcoin is open based on their knowledge will of course think that Bitcoin will make someone lose by holding it, but if they want to find out about Bitcoin of course they will be interested in using Bitcoin as their investment and it will certainly be very useful for their future.
You are right, by giving them the correct understanding of Bitcoin, of course this will reduce someone who misunderstands Bitcoin and this is very good because they will be able to teach other people about Bitcoin correctly according to what they already understand.
3  Economy / Economics / Re: Some persons lacks financial sensibilities on: March 27, 2024, 10:32:06 AM
Therefore, returning to ourselves, when we have more fortune, we must be able to remember that when we experience economic difficulties, that way we can set aside money to buy something productive which will be useful to guarantee our future. . especially for young people who should be able to prepare for their old age. because the main factor is lifestyle which follows the increase in the results we have, so whatever income will be used up to follow the lifestyle, and most will regret it in their old age
Indeed, it will really depend on a person's personality, those who have money to set aside for their future because we can't always have more money and if we can choose to set aside something productive, of course this will be very useful for our future. For some people who have a lifestyle that is not in accordance with the income they have, of course they will have great difficulty in meeting their needs because they will even experience financial problems if they cannot improve their lifestyle and the best thing is of course to set aside some of the income we have. have for our future and continue to live normally so that we don't experience difficulties when we get old.
4  Economy / Economics / Re: Fix the money, Fix the world. on: March 27, 2024, 10:00:34 AM
Of course they won't. But the world will be a much better place without corrupt banks in the way. Decentralization promises financial freedom and self-sovereignity. But solving equality problems is quite a difficult task to achieve, especially when you can't stop people from becoming wealthier than others. The social gap will exist for as long as we live.

I sure hope the global economy becomes fully-decentralized in the future. After all, Bitcoin promises to remove the middleman. But with "Wall Street", banks, and governments in the way, this would only be a distant dream. At least, Bitcoin does the job it's supposed to (banking for the unbanked). As long as it stays decentralized and censorship-resistant, there should be nothing to worry about. Grin

I don’t think you “solve” such a problem as balancing the gap between the poor and rich. Certain people are poor because they intentionally choose to be lazy. So if I happen to be more hardworking why then do you try to equalize people who aren’t meant to be on the same class. Best we can do is talk about creating more opportunities, so the hardworking ones may be able to rank up to where they belong. But that’s a different topic, here we’re talking on Bitcoin will close the gap and I don’t see how.
Those who are deliberately lazy, of course it will be very difficult for them to become successful and they will even become poor. If you are a hard worker, of course it will be very easy for you to be able to make your life better in your future and it is impossible for you to the same as those who are lazy.
Yes, of course those who work hard will be able to get better rankings compared to those who don't take advantage of the opportunities they have received.
5  Economy / Economics / Re: Farming and it importance to the economy on: March 26, 2024, 11:39:05 AM
Agriculture is the main support for human life. The agricultural sector is basically the main means of resilience in a country, not just the military. So I really don't agree if someone says that agriculture is the work of the poor and has no respect, in fact because of them everyone can enjoy healthy food and makes people able to do their work. Can you imagine if the agricultural sector was not running well in your country? If that happens then the government will be very confused about it. In essence, agriculture is one of the sources of strength of a country.

Yes, of course it is very important to pay attention to the agricultural sector so that the people's economy can be helped by a good agricultural sector and if they say that agriculture is the work of the poor, of course most of the farmers in their area cannot manage the agricultural sector so they are under poverty line or it could be that farmers in that area are more concerned with investing in their assets than showing off their wealth. If the agricultural sector cannot run well, of course food needs in that area will be very high and cannot be helped by food production in their area.
6  Bitcoin / Bitcoin Discussion / Re: End Goal or Keep HODLing? on: March 26, 2024, 11:14:16 AM
Indeed, holding is a thing and many people encourage others to hold as well but I don't think that holding forever is a must. At least holding them until it reach our target is a good sign to sell. Maybe I was wrong but investing is not all about holding but also about selling. We invest because we want to grow our money but holding our Bitcoin forever makes no sense, we'd rather not invest if we don't sell.

I will definitely sell my Bitcoin when I am already satisfied with the price and invest again when it drops. Perhaps, this is common scenario to see in the market, buy, hold, and sell.
Holding with the aim of waiting for profits is of course a good thing and I don't think anyone will hold on forever without enjoying the profits they have gotten. I agree with you when someone makes an investment, not just holding it and not taking advantage of it, but when they have achieved their investment target of course they will take advantage of what they have invested and I think almost everyone who makes an investment of course they will expect a profit from what they have invested.
7  Economy / Speculation / Re: Buy bitcoin now? on: March 25, 2024, 04:58:09 PM
Do you think it is convenient to buy bitcoin now according to your predictions? Or wait for its value to drop further?
Bitcoin is one of the most volatile cryptocurrency at any time the coin can experience increase and decrease it's value. There are many people who buy bitcoins of this volatility and then sell them after reaching a slightly higher price according to their opportunity. There are also many who wait a long time for the price to move back to their expected level. But what I think as a Bitcoin investor is that Bitcoin has become a valuable asset based on potential and will continue to increase in value in the future. If one invests in Bitcoin with an eye on potential, I would say that Bitcoin is still in a buy position at whatever price it is. Maybe if you wait you can get bitcoins at a lower price but if it is bullish then maybe the buying ability may lost.
Each person collects Bitcoin using a method that they think suits their abilities and will also be profitable for them in holding Bitcoin. There are some people who buy Bitcoin at a certain price and when they have made a small profit they sell it again and take the profit they have made and There are also those who buy in stages and hold for a long period of time to be able to look forward to profits when prices increase.

You are right, for those who know very well the potential of Bitcoin of course they will continue to buy at whatever price they are to invest in their future and we cannot know for sure when the price will decline so that they can collect large amounts and there will be more It's good to keep buying whenever we can for future investment.
8  Economy / Economics / Re: Early exposure of children to wealth and investments on: March 25, 2024, 04:13:31 PM
I am a prime example of how raising your children and staring them on everything possible as early as possible is life changing.  My father was an extremely successful guy who was very investment savvy.  I remember being 7-8 years old seeing him sit at his computer placing stock trades.  I remember him teaching me, and it just being so damn confusing and I'll never forget saying "I'll never understand this stuff, it's so interesting and cool but man, I can't wrap my brain around it".  Well now it's what I do for a living, teach people about investing, as a financial advisor.  I take great pride in being an ethical advisor and doing things the right way.  I have my father to thank, I just wish he'd have been around to see it.  So heck yes, there's absolutely nothing wrong with teaching them at age 1!  I kid, but seriously.  My favorite legendary hacktavist's father use to play educational tapes for him when he was a baby in the crib.  His mother thought he was nuts.  The guy become a genius programmer, and Mr Robot the tv show in part is based off of him.  It's never to early for those of you parents in this thread.  Of course don't shove it down their throats, but introduce all sorts of stuff to them.  It will pay off.
Isnt this story is about early teaching, but about being an example? I mean you have become successful and what you are now not because you were taught to be like this, but your father was a living example of success. With his success, he has infected you with success. It was not him that taught you, but you looked at him and wanted to become that "extremely successful guy" and he only gave you the direction? So instead of early expose children to things, we should become successful in investment and the kids will become like us. Its children dream "to be like my father or mother". But not our duty to create from children something that we havent achieved or succeed.
It is true that every child will certainly aspire to be like their parents in doing everything and as you have said, make ourselves successful first as parents so that we can be good role models for our children later and if as parents we cannot be successful in a field while they force their children to be successful in that field of course they will be very unlikely to be successful according to our wishes, because they may not like the field we want to teach them, but if we have been successful in a field Of course they will be interested in learning what we have achieved.
9  Bitcoin / Bitcoin Discussion / Re: Profiting from BTC: just luck? on: March 22, 2024, 05:08:46 PM
Despite you cant predict when to make profit in bitcoin this doesn't mean that getting profit in bitcoin is luck.  The profit from Bitcoin is real and not luck just that people can't really predict when to get it. Profit in bitcoin can be gotten when people hodl , this is for sure. If you want to get profit just hodl and you definitely get it , this not luck. Their is a strategy to make profit in bitcoin, just hodl and you will gain profit for sure. Discipline and patience will always give one profit.
It is indeed not easy to know when the price of Bitcoin will rise and be able to make a profit from holding a number of Bitcoins and to be able to analyze it well of course we have to be able to know when is the right time to be able to buy it and sell when it increases as someone said. that making a profit from Bitcoin is not luck, it requires good knowledge to be able to make a profit and everyone has a different strategy for making a profit on Bitcoin and mostly I see those who hold for a long period of time will be able to make a profit from holding their Bitcoin and of course they continue to collect it and will not be affected by the price drop.
10  Bitcoin / Bitcoin Discussion / Re: What's the view of an average citizen About crypto currencies on: March 22, 2024, 04:43:47 PM
Many people still never see the value of Bitcoin and many we're still confused about the purpose of this technology. There is a strong misconception about Bitcoin which is why adaption takes so long to complete. We've been in 12 years of its existence and people heard about this but are not interested in it because of wrong information and scams spread that affect their views. Having this sentiment makes us think that even 10 years from now, many we're still never appreciate Bitcoin and ignore the potential use of this technology.
Some people are wrong in receiving information about Bitcoin, of course it will be very difficult for them to believe that by collecting Bitcoin they will be able to gain profits for those who hold it for a long period of time and for those who are convinced of Bitcoin will certainly try to be able to take advantage of the opportunity. collect Bitcoin as an investment for their future, I think to avoid misunderstandings in understanding Bitcoin it would be better for those who want to learn about Bitcoin not to just look at the media reports and it would be better for them to meet someone who understands it well so they can ask questions. that they don't understand and this will be easier than just looking at the news which could give us wrong information.
11  Economy / Economics / Re: Everything is over priced but people keep spending on: March 21, 2024, 06:53:00 PM
The cost of cooking a meal isn’t comparable with eating at a restaurant. We should note that a restaurant is different from a fast food joint.
The cost of living is obviously not it was a decade ago. You rightly noted that despite the cost of food, people still eat at restaurants and afford to splurge money on other things. It would be difficult to save enough money to invest in anything cause they obviously aren’t earning enough. Strive to earn more and there would be something left to save after settling expenses.
An average man likely doesn’t strive that hard to significantly increase his income level and that’s probably why he has just enough to eat, pay bills and survive.
The costs we incur to be able to eat at a restaurant will of course be greater than cooking, but with all the busyness that a person has, of course they have to choose to eat at a restaurant or at a fast food place, but if we choose to save money of course we We have to take the time to cook in order to save on our expenses.

Yes, of course the cost of living today is very different from before and if we can't live frugally of course it will be very difficult to have savings or even think about investing and if we can save on our expenses of course we will be able to save from the remaining needs. we have and will also be able to think about investing in our future, but if a man doesn't think about how to get a lot of income, of course they have to be able to reduce their expenses and limit themselves from choosing to spend their income uncontrollably.
12  Economy / Economics / Re: Insurance is important on: March 21, 2024, 06:26:15 PM
100 EUR per year isnt a life changing amount, and nearly everyone can afford it. Yet people prefer not to do it, and then spend thousands from their own pocket.
It isn't if one has a stable source of income and can afford to save enough money to be able to cover that. So someone who can afford it should never hesitate to get insurance for everything possible because life and things in this world are unpredictable, we never know what might happen in the next moment, so if you have everything insured, you won't be worried much even if there is any sort of problem including your health.

I have seen a lot of people getting in trouble at a lot of occasions and then them being saved by the insurance company, mostly in cases where people have their cars and houses broken for some reason and as you mentioned, without an insurance, one would have to spend thousands of dollars to get all that repaired.
That's right, for those who have the ability to cover insurance of course they must have it because we all know that in the life we live we cannot predict when we will need insurance and if we already have and experience the need for which we have been insured. Of course we don't have to think about how to solve this problem because we already have insurance that we have paid for and we just accept that what we have insured is fine.

If they have insurance of course they will not experience difficulties when experiencing these needs as you have mentioned and if we don't have insurance of course we have to think about these needs when we experience problems and also have to spend the money we have to be able to fix them of course. This will make it difficult for us when we don't have the funds we have saved and have to try to make ends meet.
13  Economy / Trading Discussion / Re: New trader's must remember it. on: March 19, 2024, 11:31:57 AM
Someone needs to gain knowledge first before they get into trading because, without that, you can't do anything. You can't go to war without a gun, and trading without knowledge is just like going to war without having a firearm, and if you do that, you will most likely get killed in no time.
So if you are in the cryptocurrency market, and you want to trade and earn money, you have to learn the process first, don't be in a hurry because when you are in a rush, you will most likely be driven by your emotions and your emotions will make you take a lot of wrong steps and make wrong decisions.
Having knowledge about trading is of course the most important thing for someone who wants to enter trading and also they must have capital to be able to trade and those who trade without knowledge of course they will be very unlikely to make a profit because they don't know how to make a profit from it. the trade.

Yes, you are right, of course before someone decides to trade of course they must first learn it and must have patience in each learning process to be able to get good results in trading and also controlling emotions is of course an important thing when trading so as not to make decisions what went wrong in the trading we did.
14  Economy / Trading Discussion / Re: Anxiety in trading (heart disease) on: March 19, 2024, 11:01:05 AM
If you realize that trading is hurting your and you take it serious then leave it because nothing is more important than your health and if your health gets effected then no matter how large sum of money you earned you will not be able to enjoy it.

If you are calm in trading and have knowledge so I think you will have no pressure of win or loss but if you cannot keep calm then it will surely effects your heart. Therefore it is better to enjoy your life with the amount of money you have because one day you will realize that a satisfied life is much better than wealthy life full of diseases.
Yes, of course it would be better for us to avoid it if it really causes us problems for our health, because if we continue to force ourselves to trade then it is very likely that we will have a lot of problems that we will face, of course we don't want this to happen. and avoiding this is certainly the right choice.

When someone already has knowledge in trading, of course they will be able to carry out analysis for trading and will be able to make the right decisions to be able to make a profit in trading and when they experience defeat, of course they will be able to remain calm and learn from the mistakes they made and correct the mistakes.
15  Economy / Trading Discussion / Re: Isn't trading almost like gambling? on: March 18, 2024, 07:10:29 PM
Some persons keep saying that trading is almost the same thing like gambling but the difference is very clear.
There are also gambling traders that don't always have the patience to stick to the strategies that will help them to keep winning more.
It is good for us to weigh our trading skills and know whether truly we are gambling traders or not. It is very important for us to use good strategies to trade so we have a better results.
These two things will of course really depend on the knowledge they have, because if someone trades not based on the knowledge they have, of course they will continue to trade in the hope of making a profit without doing any analysis about the coins they are trading, of course this will be very likely for them to will fail in the trades that we make, it is true that when making trades of course we must have good skills in analyzing the market and must also make the right decisions so as not to experience failure in trading.
16  Economy / Economics / Re: Do you believe in savings or investment on: March 18, 2024, 06:50:54 PM
People do mistake saving and investment, this two are different although people who save money using the fiat currency can still be perfect in term of investing like bitcoin, gold, land etc. From my perspective saving has nothing to do with profit, people have their different way of thinking so I can't just force someone to start an investment for future purpose but an educated person oughto know the benefit involved when it comes to investment. Secondly don't just invest but choose wisely, know the right investment choice cause I have seen several people who went for the wrong choice and ended with no profit. I still think people who went for saving are ignorant and need such advice on different investment choice but not forcefully.
It is true that by saving we will not be able to make a profit from the savings we have, but some people who choose to save of course have goals that will be achieved immediately, such as someone who saves their money when they want to buy an item and when they have enough. money, they will be able to buy it with the savings they have prepared and we also need to have savings for unexpected financial needs so that we don't have difficulty finding these needs when we need them.

Yes, of course we have to choose a type of investment that we really understand in order to be able to carry out the investment well in order to prepare for our future, because when someone forces an investment that they don't understand well of course they will have difficulty getting it. the profits and even the losses they will get.
17  Economy / Economics / Re: Saving don't make wealth on: March 14, 2024, 06:31:15 PM
It is correct that the profit at savings is a little less. Investment is good but investment has to take a little risk. An easy way to earn more is to take advantage of extra time. The sooner you start your first investment the better. A survey found that most millionaires or the wealthy invest 20 percent of their personal income each year.
Choosing to save of course has a slight advantage compared to investing the assets we have, but to be able to invest well of course we need a little savings for urgent needs that we don't know about these needs because if we don't have savings when investing Of course, we have to take out some investments that have not reached the investment target that we have made and we could experience losses, even though they are not large, so having savings is also important so that we can carry out investments until we can reach the profit target that we have set for the investment.

You are right, the sooner we start investing, of course the better we will be in preparing for our future financial matters because if we don't have investments, it will certainly be very difficult if we only rely on the income we have.
18  Economy / Trading Discussion / Re: I don't understand you people... on: March 14, 2024, 06:10:21 PM
Cryptocurrency are very volatile currencies therefore there are many opportunities to make profits from trading them, controlling your emotions will make you to make profits from investing or trading cryptocurrency because our emotion are always deceiving us. Don't use your emotion to make decisions because you'll be making the wrong decision most times, because the price of Bitcoin is correcting shouldn't force you to sell but you should keep holding as after the correction. The price of Bitcoin will start rising again and the profits that you'll be making will be twice the profits you would had made if you sold earlier when the price of Bitcoin was falling. When trading, one good advice every trader should have is to never follow others, do your own research and make decisions based on how you analyzed the market.
Doing trading or investing with emotions is of course very unlikely to be successful in trading or investing, so it is very important for us if we decide to invest or trade to be able to control our emotions so that we don't experience losses in investing or trading. because if we make decisions in an emotional state, of course we will not be able to make profitable decisions on the investments we make and we have to make decisions without emotions so that we can make profitable decisions on the investments we make.

Yes, when trading, of course it would be better if we did our own research before making decisions on the trades we make, because if we follow other people's advice, of course it will be very detrimental if we experience failure in the trades we make and it is very different from the failures that we make. If we do it ourselves, we can still learn so that we can improve it in future trades.
19  Economy / Trading Discussion / Re: Take Profits! Its important! on: March 13, 2024, 05:50:11 PM
Its important to take profit but the desire to want to make more will not allow us for that, there are many of our personal behavioral attitudes that contributes tot he level of what happens to us in trading and such is as a good example of this we are having discussion on, many could not afford to manage in taking profits and left until they found out that its already too late for them to leave after which the losses would have accumulated.
When we have made a profit from the investment or trade that we have made, it would be very good if we took the profit from the results of the investment or trade, because if we are too greedy in investing and trading, of course we will miss out on the profit that we have made. and this really depends on a person's personality. If they can control themselves, they can of course get the profits they have earned, but if they are greedy, of course it will be impossible to take advantage by hoping for even bigger profits, but they don't know the market conditions well. well, so it is very likely that they will experience losses on the trades or investments they make.
20  Bitcoin / Bitcoin Discussion / Re: Bitcoin is not a quick rich and get poorer investment. on: March 13, 2024, 05:26:51 PM
Nothing will make you rich overnight, not just Bitcoin investing. Investing is never a get rich quick scheme. Investing in cryptocurrency can change people's fortunes but not in a short period of time. Invest enough in Bitcoin and hold that investment for a long period of time and you will have hope of getting something good. Investing is only for the future and with the expectation of getting something good in the future, investing in Bitcoin will stop all other activities, but this is not the case. Apart from investing in bitcoins, you should also carry on with your other activities as normal. If you have enough investment and the market goes up as expected then this investment can change your fortune.
Yes, it's true that we need to remember that bitcoin is not a get-rich-quick scheme that can change a person's fate for the better in a short time. In fact, sometimes bitcoin will cause us to lose everything if we invest in bitcoin without a mature understanding, during last year's bearish season. I personally often encounter several beginners who complain about losing everything when investing with Bitcoin because they are too careless and enthusiastic when investing without considering the risks so they have to suffer losses.
Of course, this is very important for someone who wants to start investing in Bitcoin to know, because if they think that investing in Bitcoin will easily make them rich, of course they have made mistakes at the beginning and will of course make mistakes again which will make them lose. their money in these investments, if they want profits from Bitcoin of course they must have proper knowledge about these investments in order to invest correctly so they can get good results on these investments.
Pages: [1] 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 ... 131 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!