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I know right, they're comedians and later with their videos there's always the sales pitch from their own courses on sale.
That's the funny part, I don't understand these people that are learning from them as they say but it becomes their another source of income aside from trading. If they legitimate make money, they just make themselves prosper through trading. Don't get by their justification about they just want to teach other people make money too.
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I will just think straight ahead of adding an additional source of income for myself, and this will create in more opportunities for me to be able to meet up with the family and personal needs arising, we cannot say that we should take decision on cutting the expenses made each day because of low income since there are needs that cannot be cut short like daily expenses on feeding, house rent, school fees and many other needs.
Cutting expense is just the first step but you'll eventually realize that it won't be enough because you also have to cut the lifestyle that you've been living. Even if your lifestyle is just like frugal just the way you've been doing it, you'll still need to cut more. But for you to maintain that, the best solution is for what you have said and that is to add more source of income. When you have that, you can allocate for your needs and even for some of your wants. |
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that is the perfect process of accumulating , starting from a little when the market seems to be in the lowest , then starts making it big when we are completely in bear market.
that is how we have to gather much of our asset for the time being and till the market comes to bulling .
we have seen this happened for how many times? mine is 2 times and I know there is something big coming next year.
so the more i can purchase now is the better positioning , though we also knew that there are variations to consider about the longevity of waiting before it finally happens.
Accumulate while there's still some opportunity and time. We'd say the same thing in the future but the price might be bigger than of it is today. Just as you said, we've seen it before and those that have witnessed it shouldn't waste the moment to accumulate while there's ample time for your desired price. |
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If that 100 dollars is for your allowance , and you can only spend a little then of course you can invest the remaining in bitcoin since that money is just coming from your parents and you have nothing to lose.
better start investing now or be late next year.
the price now is still cheap till second month of 2024 so be ware , you have at least 4-5 months to invest so take that advantage.
He wants to spend all of them to buy Bitcoin. I think he's still studying and that's his allowance for his school, food, etc. OP don't make it look like Bitcoin is a bad thing for investing all of it because it will make you like as an irresponsible student and son. I'm just saying that invest what you can afford to slash from that $100 monthly that your pops is giving you. |
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Everyone has a starting point be it small or big, we all have were we started from and how we have passed through the curdles of learning to have achieved the position and state of were we are today, when we do the right and normal things, we will never regret our decision in life, just as every glory we see today has a story behind it, we need to pay the price bow or later when it would have been too hard or too late to start from somewhere.
And from that point of start, most traders that are new to it are likely to quit. No matter how easy or hard it is but when they realize of what they tried to do, the discouragement is bigger than encouragement. But those that becomes successful on it, have gone through a lot of hurdles and it's not easy pavement for most of them. It's fine to check yourself when you really can't do it as not all traders are making a lot of money on it. Most are losing and those that are staying get bares enough and that's one big reality. |
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As a graduate depending on government job is not the best, if depending on government salary one can stay useless and jobless throughout his/her lives. In this modern era where everyone is involving in different kinds of jobs that pays such as begin a web developer, photographer etc.
Now most people even prefer to be self employed, I personal prefer having a job on my own in my comfort zone and in my area been self employed pays a lot. So as a graduate having the mind set of creating a job for yourself is just the best idea rather than expect a government job.
There is a reason why you've become a graduate and that's for you to find a job easier. Unlike the others that didn't finish their studies, you've got more chance and edge. But if you've been stuck into thinking that it is still the government to provide job and things for you without finding one and you want to depend on them, that's on a different level. It's not about working for the government but you just want things to come like provisions to you from the government. |
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It's okay to test new things that are also being done by others. But don't include yet your holdings on it upon testing just as the example that you've given.
Everyone started with zero knowledge and that's why we're all testers from the start. I wouldn't discourage someone in trying new things if that's what they like.
But on some point, you're also right that if you don't like complicated things then better stay to the existing ones by just doing what's the typical thing to do in keeping your bitcoin.
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calling Bitcoin as fail project are obviously those people that stupidly invested in this market knowing only one thing , and that is a place where automatically making money so in the end, blaming crypto for their greediness.
You shouldn't waste your energies with those people kept on calling bitcoin as a failed project. There's nowhere to go with that argument and Bitcoin doesn't have to prove anything to them. there is no such place like investing with exact making money.
if you don't know how to deal with the risk of cryptocurrency , then never invest here unless you have learn everything in right manner before putting your single cent here.
They're just looking for someone to blame for their mistakes and not acknowledging themselves to be at fault. We've known Bitcoin for how many years and it has given us the surprises that we'd liked and disliked but still manageable scenarios. |
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DCA is the best strategy but if you can do both, why not right? When doing lumpsum, it means that you're able to do that and much better to put that way when you've got money ready so that it won't be spent to something else.
That's what always happens when you're about to invest and something comes asking for that money and you're missing it again because you are doubtful and haven't decided yet. It is why if you can do both for sometime, do it but at most times is to DCA.
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I think maybe this is the right time. I can't say for sure, I usually pay more attention to Bitcoin price movements. But I think this might be a good time to buy Ethereum because the price of Eth is low now.
It was lower a few months ago but if it's about focusing Bitcoin, you got to have Bitcoin first before you go with Ethereum IMO. But if you think that you're missing out with Ethereum, you choose what holdings you'll have and prepared for when the time is in for the bullish market. Depending on how low you think ETH is right now, that varies on how you'll get into its price before you sell in the future. |
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Now Hydroponic farming can become a new profitable hobby.
It can be a profitable hobby when you know what to do and as long as you've got enough space to do it. But as a hobby, it really is an enjoyable one when you don't have much space in real farming. I started growing hydroponically on the terrace of the house and many neighbors were interested. Let's grow hydroponics in a simple way, we will increase food security in our families.
You've got your food to get through it and it saves you money. I've seen a neighborhood not far from my location that did it as a team and everyone is helping each other. It's hard to have that kind of neighborhood though. |
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No doubt in gambling men are always ahead of women. women are more responsible than men in gambling. They are always afraid to loose but always want to win big. They are always afraid of spending there Money but sees it as a man's responsibilities. They lack endurance spirit.
But whenever a woman losses her money, you'll see them the same attitude as men. They're also going to chase their losses no matter how long and what it takes, they have to do that. Whenever a woman looses she feels cheated, as if the money lost would have been use to do a better thing.
That's so true, they just don't want to feel down and will think that they've been cheated even if they've lost officially without any tricks or glitches. |
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The only thing that I can say is to Stop Trading if it never works for you.
I agree. There are aspiring traders that think that it is for them but it's just not. They try hard and despite the losses they get, they're still hanging on and trying their best to stay. But a time will come that they will realize that trading isn't for everybody. It could be for the other successful folks that they see and trades like a beast but if it's not for them, it's best not to say on it and try something more significant to your hobbies and along with your self interest other than trading. |
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There are traders that want to do calculated risks and for some reasons, there goes the others that does the opposite.
They don't calculate their risk and they don't manage the risk that they're taking. But what's new? They are unskilled and that's why they will mostly commit mistakes.
Because if they are skilled, they're not going to make or it's just minimal but it's normal for a starting out coming from being unskilled into becoming skilled.
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Well, I'd say a lot of people had used copy trading during their early days in trading and while they were still getting ideas. I could say that it was a good way of learning but this will never bring us to gain success in life if we keep relying on this strategy. Instead, we have to walk on our fit and make a market discovery. We can learn more things by doing it alone which is very useful as we continue our journey that can't be learned if we just rely on others. In fact, before this copy trading existed, we already had successful traders which means that we can be like them without depending on others.
What I don't like on this strategy is that, many influencers have been telling that this strategy can be done by everyone and that's not wrong. But they're hyping this strategy as if everyone will profit. They are not explaining well that it still varies from the market and the result of the trader they copy. You can't improve with copy trading if all you do is copy someone's trades and nothing else. Sure, you are allowed to do that as well if you really want to but that is not the point of it and you shouldn't do just that, there are more that you can do with it and that matters. I believe that the best thing you could do regarding copy trading would be learning from them, and making those type of trades yourself in the future. If you could learn how to make them yourself then you are going to be fine.
I really believe that the best thing to do would be just focusing on your own improvement and well being, without that then no matter what you are doing and even if you are profiting, you will end up in trouble in the future without a doubt. This is why we should be considering this situation a bit differently and approach it with different sense so that we could get better. Just like everything in life you do not improve without working hard on it.
Yes, that's the greatest consolation that you get there is by learning and getting how they work on their strategies. Maybe soon, who knows if you're the type of trader that will be copied then by the newbies just as how you started. |
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Governments do not legitimize Cryptocurrencies because Governments have no control over Cryptocurrencies. So the government is always against it.
Not all in general for the governments. But that's one reason why they don't want to legalize it at least for those that don't really like it. But there are countries and its governments agrees to just let it pass and let their citizens don't have any trouble in using and investing on it. They don't want to block the progress of the thriving Bitcoin market to their country because they have got citizens that are into it and that's the type of the government that we all wanna have. |
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Don't expect anything from the government. If you can thrive professionaly by yourself and partnering with another autonomous professionals on the private area, do this. Moral freedom, that is, freedom to follow your own set of rules and guidelines is the best thing you can achieve. People working for the government don't have this, because they have to go against their principles to praise a corrupt government they belong or an authority they work for, otherwise they are fired or persecuted inside the area they are working. It's all about politics and power dispute, a very toxic place to be and to work.
That's it, never hope for anything that you should be the one doing it for your career and life to thrive. It becomes too much when you're very dependent on the government together with the opportunities. It's like you need to dig for your own cave to at least find your safety and that's what many aren't doing because they keep on complaining on how corrupt their government which is normal. But actions from them won't take into instant results but only you. |
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Do what makes you feel comfortable and easy on you. You need not to force DCA if you're compromising and affecting other responsibilities of yours.
If DCA is good and you can still provide for your family and everyone is happy with your provision, you can do it slowly and surely.
Only you can understand your situation, your expenses and financial capability.
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I've been there, and it's not easy. Budgeting is key! Cut non-essentials, save, and look for side gigs.
Side gigs or side hustles are almost everywhere today. Gig economy has been one way easy for everyone to have additional income. Support from family and community can help too. It's all about making every penny count.
Support won't be able to feed you if you are just talking about the moral support that you need when you're looking for side gigs. Because you've got mouths to feed. |
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To me I think that a government that is really working and have the feeling of citizens in the heart will try the possible best to do something about reduction of price in the market.
A concerned government will do everything they can to reduce the price of goods. They've got good economic experts that they'll task to do what's right. And it's a domino effect that wherein an exact sector of the economy should be adhere to solve this problem of increase price of goods. When prices of things keeps going up it shows how incompetent the government is , for every inflation the government is to be blame expecially when their is nothing that can be done about it.
While that's true, it's also due to the global rising of goods and that's also causing the most of the countries higher inflation rate. |
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