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1081  Economy / Economics / Re: Inflation is making a mess of my savings. on: August 04, 2023, 06:05:02 PM
We talking or we adopting it already? Man it’s already hard to live freely in the cruel economy just like this. Honestly I am not going Break the eggs here but pandemic was one nightmare that brought the life 5 years into the past while they forgot to stop the appreciations of various economic maths Vs salary drama. I mean the former kept growing while the salaries are just the way it is, rising slowly doing nothing. This has made things worst while we recover ourselves from that, then comes the war and then it grows into the worlds most wanted drama stage. We can’t even get a break from this. Missing the grand parents old days, everything was smooth after world war and before 19’s end.

The age of our grandparents was a good age and no one was worried about his future but now even a little boy think about the inflation. That time was good because inflation was not such higher and the value of currency maximum but now it deteriorated gradually.

At that time only a head of a family would be involved in earning money and fed the whole family but now every person of a family is earning but inflation does not end. Salaries are rising but one is powerless to bear the process because the value of money in not such higher that was in the past.
1082  Economy / Speculation / Re: Hold coin on: August 03, 2023, 06:16:16 PM
As you said, it has to do with time. It is a difficult prospect to profit from Bitcoin in the short term. It is possible to profit from altcoins in the short term. Therefore, it is about the expectation of the investor and how much risk he will take. Bitcoin hasn't hurt anyone in the long run. I cannot say the same for altcoins. Therefore, both risk and a long or short-term investment change the choice we make.

In such a situation, I think the most sensible thing to do is to invest a large amount of our investment in Bitcoin and the remaining small amount in altcoins. This way we reduce risk and invest in alternatives.

Yes diversification can reduce the risk of losing and altcoins can give you profit but as much as it is advantageous so its risk are also on peak. There are undoubtedly lots of altcoins which can give you profit for short term but altcoins can disappear anytime from the crypto market.

Diversification is possible and considered as safe but I think that worth of all crypto coins are concerned with bitcoin so if your money goes down in bitcoin the putted money in altcoins will also goes down because of Co relationship with each other.
1083  Economy / Economics / Re: Food security in the world has been shaken by Russia's actions on: August 03, 2023, 05:54:35 PM
Begging is a natural part of the world according to what you say. Because not every nation could have the same resources and some nations are just forced to live off whatever they have. Of course focus on agriculture a lot more, but what about the deserted areas in the African continent? That's the biggest example, we are talking about a huge part of the world that has no farming area, what are they going to do? Hell they do not even have clean water let alone anything else.

This is why I believe that we should not be doing anything that would challenge the whole begging part on your end. We should help the nations that need our help as much as we can, they should do whatever they can too of course, but that doesn't mean we should stop.

It is responsibility of every country to help each other and I am not saying that we should not help each other but I want to say that a country should utilize his resources to feed his own nation because we cannot live on others resources.

May be at one time the neighbor country is good with us but if after some years neighbor country don't want to share resources then what will we do? There are desert area but not all area of a country is occupied with desert so the area which is fertile should take into use.

Helping each other is a good habit and it should be done but hope sometimes make a country hopeless because if one country takes resources from others then receiver will not do any hard work to develop own resources.
1084  Economy / Economics / Re: Inflation is making a mess of my savings. on: August 02, 2023, 06:32:12 PM
Of course inflation is a serious problem that can make millionaires lose a lot of money and poor people, and the impact that is felt is for people who are minimal income, in my country the increase in poor people has occurred significantly in the last 3 years, moreover many subsidies that are eliminated such as electricity, education and many more.

Yes inflation is high and one should develop certain strategies to cope up with inflation. One thing which hurts during inflation is comparison, I will suggest that one person should not compare his life with others because in such situation if you have more money it will seems like you don't have enough amount.

There are lots of people who have meal for just a single time per day but they seems like they are more happier than wealthy people. Education, electricity and food are the important resources so if one cannot manage these three things then surely he does not have enough money to manage these useful activities.

Try to have minimum expenditure and spend that amount which you can because you will start taking loan if you spend more money than what you have which is not a good habit. Inflation is in every country and in every city so always learn to live in every situations because circumstances can change anytime.
1085  Economy / Economics / Re: What's the effect of having plenty children to the national economy of a country on: August 02, 2023, 06:08:00 PM
If a individuals have plenty of children then at start there will be problem in bringing them up but when they become teenager they will all involved in certain jobs which will have positive impact on the economy of country.

Other benefit is that those countries which possess enhance number of teenagers are consider as a stronger country because youth are the power of a country. Everything has certain advantages as well as disadvantages so we should remember that if economy of a country is effected by plenty of children then these children also play an important roles in making the country a prosperous one.
1086  Bitcoin / Bitcoin Discussion / Re: What are your reasons for adopting cryptocurrency? on: August 02, 2023, 05:45:55 PM
I think inflation is on peak due to which everyone wants to stable their financial system and everyone use cryptocurrency as a technology of earning rather than utilizing it for other purposes.

There are not enough jobs and in a single salary one cannot conduct the process of home therefore majority of people are adopting cryptocurrency for the purpose of investment to increase the value of their money which will help them in near future.
1087  Economy / Speculation / Re: The time has finally come...??? on: August 01, 2023, 06:45:37 PM
No one knows anything about it, and no one will ever know anything about the future price of BTC. We're not able to see the future, nor the actuality events which are going to happen, and even if the next halving approaches, no one can guarantee 100% that a bull run will happen again in reality. 

Everything is unknown because of volatility if future was predictable then no one will be in fear of lossing money and everyone will rushes towards the success, there will be no one who face defeat.

Everyone says about halving but who knows that what will be the results of halving? there is no surety that because of halving price will go to 100k$ or more and bull season will initiate.

It will be better decisions to hold bitcoin for longer time so whenever the price become appreciable you will take profit from it because there is no surety but a hope is always there for good profit.
1088  Bitcoin / Bitcoin Discussion / Re: 18, holding my bitcoin and looking forward :) on: August 01, 2023, 03:52:43 PM
I am 18 yo
schooling in private college
I flip stuff for cash part time regularly to make some extra cash

It's appreciable that in the age of 18 your mind is active towards managing inflation and you are working for it. You should buy bitcoin at current price because there will be more up in price in coming months.

I have 1 Bitcoin @ 29k  & I keep about $3000 in cash in my bank as emergency fund

As you have keep some amount in bank for emergency purposes then don't use this emergency fund for investment because necessitates can put you in emotions to sell bitcoin at lower price therefore buy bitcoin with extra amount of money.


I am gonna start deciding to sell it at end of 2024 , but I guess i could wait till end of 2025.

If you buy bitcoin then don't fix timing for selling it but instead of fixing time you should realize about your benefit. If you have 40 or 50 percent advantage during any month of 2024 then I will suggest you to take that benefit because market is volatile so no one knows that what will be the price at the end of next year.
1089  Alternate cryptocurrencies / Bounties (Altcoins) / Re: Utopia P2P Ecosystem 💎 - Android APP Review campaign 🔎 (Newbies to Legendary) on: August 01, 2023, 02:19:33 PM
Proof of Authentication
Bitcointalk Username: mfahad
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=777882
Utopia Username: Mfahad
Utopia Public Key (Address): 4BB868D7E86661BC47FA620948EB7FD2C8A6B7EFF337A8D15A1AE99E696FA325   
1090  Economy / Economics / Re: Do your work. on: August 01, 2023, 11:49:38 AM
People are growing other companies because they get salary for it and in other words they are working hard just to live a satisfied life through earning. It can be possible to save some amount of money in form of investment but the salaries of workers are not enough to save maximum amount.

Money can be saved for the purpose of prosperous future through developing of certain plan according to which money should be used. Gold and bitcoin are worthy type of investment and one can also bright his future through business which provide him benefit for future.

Those who work hard as a government employee have the opportunity of getting pension which is also very important because no one will give you such a huge collection of money without working at the age of 60 or more.
1091  Economy / Economics / Re: Benefits of Bitcoin and other cryptocurrencies to the global Economic Structure on: August 01, 2023, 11:16:30 AM
cryptocurrency is accepted by everyone due to its beneficial aspects but government of all country does not allow its transactions as well as investment so we cannot say that cryptocurrency is rolling the world. Although now the crypto has gained the interest of many individuals who get profit from it but we don't know that what will be situations in future.

Bitcoin is safe and everyone who utilize their money in Bitcoin investment have altered their lifestyle in many ways but not immediately it took some years to get the reward of their patience. Other thing is that cryptocurrency can also not rolling the world because in many villages there is no connection of Internet and without Internet one cannot understand and utilize bitcoin as investment or payment.
1092  Economy / Economics / Re: Entrepreneurship and women on: July 31, 2023, 08:25:29 PM
Today, the number of women entrepreneurs is quite high. After the Covid period, the number of women entrepreneurs increased as a result of the emergence of new business areas with working from home in the country where I live. At the same time, women are encouraged in the field of entrepreneurship. Women, whom we did not see in a business area in the past, now exist in many business areas.

Women were already engaged in entrepreneurship before covid but I think that after covid there are lots of areas in hospitals where women conduct their responsibilities as entrepreneurs. There are lots of online businesses available now which were not present before covid 19.

Previously there was strick rules of each family and no one allowed their females to do job but now a days everyone is in Hurry to give the opportunity of job to their females because of unemployment of males as well as the inflation in every city.
1093  Economy / Speculation / Re: Is the bull run near already? on: July 31, 2023, 07:21:14 PM
Bull run is coming soon and current year is unpredictable for Bull season because price suddenly go up from 30k$ and suddenly downs back to 28k$ or 29k$ but it is estimated that in 2024 the price will surely goes up. It is also estimated that in 2025 the price of bitcoin will reach to greater value so all those crypto users who don't want to miss this opportunity should buy bitcoin at this lower price.

Bitcoin fluctuates more during current year and no one can predict that when the Bull run will initiate but 2023 is a better year for all bitcoin holders in contrast with 2022. The price now is affordable price so don't be too calm to miss this affordable price because those who miss this chance will regret always when Bull run initiate so try to make an accurate decision.
1094  Bitcoin / Bitcoin Discussion / Re: Don't expect everyone to embrace Bitcoin on: July 31, 2023, 07:06:17 PM
Honestly, ever since I started investing in bitcoin, I can't find any good reason to spend time trying to convince someone to believe in bitcoin. Because if they invest in bitcoin, it's their right, and the profit will be theirs, I won't get anything from them. But if they lose, I will definitely be the one to blame, so why should we waste time on that? I focus on my life because when I get stuck, no one will help me, so I will just focus on my investment instead of wasting my time.

People thinks that if they get profit then its their hard work but if they fail so that will because of that person who told them about bitcoin investment which is totally a wrong concept. They should accept both success and defeat and should never blame others because if they get profit by themselves then defeat is also because of their wrong decision.

If one faces negative behavior from those individuals who are bitcoin investor because of you so no one will wants to share this idea with others because we don't get their money so we are not responsible for their defeat. But the main thing is that if you are talking about bitcoin investment so you should also share risk factor about bitcoin and if they accept bitcoin with risk so they will not blame you because you already told them about each and everything.
1095  Economy / Speculation / Re: Hold coin on: July 30, 2023, 06:54:02 PM
I think everyone will prefer bitcoin for longer time because of its success rate but for short term bitcoin is not a good choice. Even those individuals who don't have money but wants to take loan for investment in Bitcoin so no one will deny bitcoin once money comes in hand.

For short term there are lots of other coins but in my opinion short term is very risky in contrast with investment in Bitcoin so if someone who wants to reduce the risk should select bitcoin for longer time.
1096  Bitcoin / Bitcoin Discussion / Re: When it's all set and done, do not forget those in need. on: July 30, 2023, 05:56:13 PM
With the way things are going, Bitcoin will become more valuable in the future.

Few bear markets have happened in past and many have learnt their mistakes

Some don't play with their dollar cost averaging..

Emotions aren't present only with crypto, it's general something in our lives.

Volatility can't be erased in Bitcoin.

But one thing is very certain in this life, we all can't make it, if it's this easy everyone in the world will become a millionaire or billionaire.

If your dream comes true, it doesn't make others useless or lazy, we just all can't get lucky, some will fail and some will win.

Before you say that I am talking trash, Bitcoin investment is like taking from some and feeding others, what this mean is someone is buying from you when you are dumping, it's like the world shape, it goes around.

So instead of showing off how successful you have become always remember that you don't get there alone, it happened through the help of others that bought from you.

So try as much as possible to help those that are in need in your surroundings, or help others that are living far away from you, you can do this anonymously too if you think it's not safe, this is the right way to bring back into the community.

Remember, some things are unexplainable in this world and there are things that are beyond human understanding.

Happy Sunday

With the passage of time as people are realising the success of bitcoin everyone wants to be a bitcoin investor. By examining the bear and bull market people get experienced because with one season they cannot get the actual knowledge. volatility can never end but this volatility is full of advantages if we think positively about it.

I think people are sharing their success to encourage others and its not a kind of proud and think that others are lazy but if people get familiar with the success of others so they will also rushes towards their success.
1097  Economy / Economics / Re: Reason why you will never become rich on: July 30, 2023, 03:58:44 PM
I don't think that a responsible person of a family can never get rich but he can surely become rich if he utilize his income with a better planning. Everyone faces problems in life but if does not mean that one should not struggle to make his life satisfy but instead he can work hard to manage all the activities of a family and also save some money according to the income and planning.

Leaving family without helping them does not sound good but a real man is that who works properly instead of facing difficulties and problems may be he is involved in a single or double job but his aim is always to make his his family life successful.
1098  Economy / Games and rounds / Re: [RAFFLE] Utopia - P2P Ecosystem | Free Bitcoin Raffle Weekly 💎 Round 22 on: July 30, 2023, 03:18:10 PM

Bitcointalk Username: Mfahad:
Utopia username: Mfahad :
Utopia Public 4BB868D7E86661BC47FA620948EB7FD2C8A6B7EFF337A8D15A1AE99E696FA325   :  :
BTC Address: bc1qj4d2t3tq6hm3jxts09awutuu9wxkuzllj7d0fd
Message Deep Link (Chat link): https://utopia.im/d53b4431fd604e2f0261792444797aa4?tid=2369227020142334022
Slot No: 34
1099  Economy / Economics / Re: Agriculture can save your country from recession on: July 28, 2023, 02:56:30 PM
It should be saving a country's economy.A country's agriculture to most of the counrries especially third world ones, should be giving attention of their agriculture if they are planning to improve their economy. Problem to some countries, is that governmenta are more focused with importing from other countries than having ideas of exporting their own. Land properties are there but they are not making use of its potential. Creating your own agricultural trademark as a country won't be easy but atleast in a long run it would be a great tool not only for profit potential for country but also with utilizing it to local markets as a resource.

Those countries are successful in which agriculture sector is successful and instead of importing vegetables and fruits from others countries we should export these foods to other countries so in this case our economy will be better and those countries where there is limited or no agriculture will be benefited from this type of exportation.

We should grow more vegetables if there is scarcity of some essential agriculture then we can exchange this with other countries. Lands are more in our countries but all of them are not in use so for making better use of these lands we should grow more and more food in order to make country financially stable and meet the demands of every citizen.
1100  Economy / Economics / Re: Food security in the world has been shaken by Russia's actions on: July 28, 2023, 12:26:01 PM
Nations need to figure out a way to feed themselves, you can't rely on another nation to feed you and then be upset when something goes wrong. You were the one who relied on a different nation to feed your citizens, so when that nation does whatever they want, you were not ready for it.

this is the way which should be accepted by every nation like if one nation is deprived of anything so they should worked for that to establish that thing in own country. Begging in front of other countries for little things will make you slaves so I think food and agriculture is that thing which we can grow in our own country.

If we focus to establish new ways to fulfil these needs then we should not be dependent on other countries. Dependency comes when we are not able to fulfil the requirements of citizens and are in hopes that other country will give these facilities to us so in this case we cannot become and independent nation ever.
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