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Lending is too risky because there are really instances where you won't get paid back, and now your bitcoin is gone. I haven't tried this bitcoin lending either. I don't see any problem with why holding is difficult for some because you are just holding it. I think the problem with this really is the owner of it, who is too greedy and not patient enough to wait for the price increase because they always want to earn profit overnight. I do prefer holding or trading bitcoin to lending, as I am held accountable for it, unlike lending, over which I have no control.
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The trick is very simple that is I am applying to myself. If I cannot afford it, there is no other option but to buy those things that I want in cash. Not gonna get any borrowed money or even gonna take a loan. That's the first simple rule that's working for me and I am sure that others are also using this as a rule to themselves, simply don't take it if you cannot afford it. In short, do not borrow if you're planning to go for it, and for those that have debt and having a hard time dealing with it. First, don't add another debt and as much as you can, have more cash flow.
This is really the best thing to do, but again, for others, it is not possible as they need to take a loan twice for something. If you are having a family and the income is not that huge and you need to pay something like tuition or needed stuff in your home, you are forced to take a loan. Also, as others said, if you won't take a loan, you can't purchase those things, which is sometimes true because I took a loan just to have my motorcycle as we used it for traveling, and we know right now that the fare is very expensive, and I also can't purchase it in cash. But the thing is that I can pay it on a monthly, so there are no problem with me, but I do need to pay it on time, and there are no other debts so that I can still pay it. |
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Female Bitcoinists are growing in numbers, there are few female members on this forum too and they aren't even know by anyone on here, every members on this forum thinks that everyone are male but there is no need for anyone to prove that they are either male or female.
I do have female friends that are into crypto but are not available on this forum, they are into trading and they are not in the same country that I am, if you think that girls are not into Bitcoin yet, you are wrong.
Their so many women who are into bitcoin, maybe it depends on the location where it is rare to see woman who are much in bitcoin. Op is making it look as if bitcoin & crypto is meant for men alone. It is not expected the number of male that is into bitcoin should be the same with the number of female, it is natural men will dominate when it comes to innovation just like the crypto world. Learning bitcoin is all about interest and passion, any female that has interest for it will work towards getting knowledge about, you don't need to force people to learn bitcoin, Learning is willingly and having interest. I think the reason why only a few females are into bitcoin or crypto is because they haven't found it because we know that in this generation mostly men are working or, like, they tend to think about how to earn money, and females are the ones that are taking care of family, so they focus more on that and have no time for something like those innovations. Also, they are not that risk-takers; they want to settle on things that are guaranteed wins, like a job that earns a stable income. Though I don't generalize it, that is what I've noticed most in women, but still, there are a lot of females that are into bitcoin that I've known, and I would say they are better than me. |
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I have also thought of this, as I do have an upcoming child, but I am not as lucky as you to have spare money. Your idea is really good to save it for the future of the child, but always think about the risk. It is also best to put it in the bank, but again, banks are failing in your country. I think that is really the best way right now. Your situation is very difficult because there are no banks if you want to put it there. How about those businessmen or rich people? How do they store their money?
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About my investment and also untrusted people having a bitcoin or don't brag on social media, that's the right thing to do. As for parents or spouses, I think we should share everything with them because we make money for them, not just for ourselves.And that property kept by relatives son can done this and don't forgettable.
If we talk about parents, then not everyone knows how to handle technology, and even more so, not everyone understands what bitcoin is and what to do with it. I'm sure that just a few of the closest people you can confide in and who will keep it a secret are enough. If your parents are relatively young or familiar with cryptocurrencies, then this of course will be a great option, because these are your closest people and they will always take care of your well-being. I get your point, and you have your own preference, but you can teach them like a tip of knowledge about it. You tell them what it is and what the purpose of this is so that they are just aware. It is not making them dumb, but at least they are aware that you are doing it because other parents, if you are too secretive and find out that you are earning something, will think you are doing something illegal, and that is where the problem starts. Though on my side, I do inform my parents about it, but only a small amount of information, like that I've been involved with bitcoin, because I want them to be aware of what I'm doing, but again, don't inform all of your relatives and other people just to be safe. |
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That is really nice, but my question is, can your neighbor pick up the fees? I mean, it is really a small store, and transacting a small amount is really not a good idea unless the customer purchases a ton of goods, but again, it is a really good initiative, and now you can pay him in bitcoin, or in the morning you can talk to him about bitcoin. It is just weird that his cousin is making a living in trading and then he accepts payment in bitcoin because if I were him, I would ask my cousin to teach me trading as a side hustle.
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Low to no fees is really good. For sure, no one likes fees, even yourself. If you cash out your money, you still need to pay fees. How much more the merchants? They just have no choice but to pay those fees because other people want those payment methods, and if they don't have those payment methods, they lose customers. But again, we understand that all of us need to earn money, which is why they charge fees, but some are too much because they noticed a lot of people using their services, so their fees went up.
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Investing $1 in crypto every day is better than not investing at all, but it may not be enough to achieve your financial goals. It depends on how much you want to earn and how long you are willing to wait. One strategy that can help you reduce the risk of market volatility and average out your buy-in cost is dollar-cost averaging (DCA).
if you count $ 1 per day then you can earn $ 30 to $ 31 a month of course this is very small capital if you want to invest in crypto currency, but it's up to you I can only recommend investing a minimum of $ 300 because you can get good results if you buy potential altcoins and hold until bullish time arrives. $300 is useless if it not comes from your heart, if you are just forced to invest that amount then meaning of that is that you cant afford to lose it. In investing it doesn't matter how big or small your investment is as long as that is only you can afford and also that $1 is only what he can afford so we cant forced everyone. I would say that it is not big but still it will accumulate overtime and still it will be getting bigger and for sure OP will realize sooner that it isn't enough if he is expecting some bigger profit out of it Trading does not have a minimum, it all depends on the ability of the trader himself, if a trader can only trade with $ 1 per day then go ahead, but indeed the profit we will get is also proportional to our capital. but it is a lower profit that we get. Yes, trading does not have a minimum, but because of the fees, it is better to save those $1 per day and deposit it in a month and start trading. The problem with low budget trading is that you can't really do risk management, meaning you don't have enough money to have a stop loss on it in case the market goes against you in your trade, and the problem with this is that you can easily close off your trade because you put the SL near your entry because you don't have enough capital. |
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Never mind for $ 100 per day, less than that I still don't think I can do it. As we all know, gambling is not a place to make money, but to lose money, so having a goal of earning $100 a day is like wishing for the impossible. I also have never heard of a gambler making $100 a day at least every day of the week. What I know is that when we gamble once we get a very big win, and only lucky people get it. Indeed, many have experience like that, but they forget how much money they spent while they were gambling.
Never make gambling a source of income, come and play gambling if we can afford to lose the money we are playing with.
Earning gigantic profits comes with crucial sacrifice, consistency and steady taking risks, because that's what fueled the opportunities of generating profits. Setting daily goals and failing to reach them increases the likelihood of incurring losses. Gamblers would like to meet their daily targets, but they quickly forget that it is not Christmas every day, and that some days, one will earn nothing. They are on their way to earning record profits the instant they face reality and the rejection of optimism. Profits of $100 are determined by the odds and gaming method used. Another component that can cause more money or losses in the system is experience. If you set up a daily target, let's say $100, if you can't reach it today, for sure you'll want to reach it the next day plus your losses the other day. The meaning of that is that you'll bet more, and if you bet more, you lose more. You are right, it is not Christmas every day that targets those profits, and gambling is always gambling once you bet for sure it is already a loss. It is like you are just buying entertainment and that is your pay, but that doesn't mean that you'll always get a refund. |
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Is there really a country like this? like banning trading instead of gambling? Because it's very weird, but let's say the government does it in our country. I am not a heavy gambler, so for sure I do withdraw it all and put it into other investments, as for sure if I put it all in a casino, I'll just lose it. Also, if they ban crypto all over the country, then I think all people will withdraw it, or there are some of us who do belong on it who continue to use it in the country but only in a quiet way so that we don't get caught.
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I understand the desire the OP said above for a different way of life, one filled with constant travel and exploration and I think it's only natural to crave experiences beyond the confines of our current routine. While saving Bitcoins alone may not be a guaranteed solution, there are avenues to explore.
True Change is possible, One approach is to seek financial independence through diversification and To break free from the cycle, it is important to reflect on personal values and goals, and that starts with imagining the life you want. Although the journey may require effort and patience it will bring you closer to the way of life you desire.
Yeah, reflection to what you wanted to see yourself in the future. It's your patience and dedication in finding the right patterns to change your life and break the chain that keeps you to continue with your day job. With good plans and a good understanding of each possibility, execution might be smooth and the change that you want to happen can be achieved if you plan things the right way. It's your decision making that matters. With your find patterns, every correct execution adds up to your chances of making things possible for you to reach your goals. First of all focus on what you want in life and what kind of job you are looking for if you are comfortable in 9to 5 job and that routine and you can live with that than opt it . If not business is your option do something private and set your own routine and source of income. If you succeed in that than you no longer have to wait for the weekend as you are your own boss and you can take off anyday you like . easy to say, but this is hard to do. I mean, not all can have a business; either they don't have funds or they are not capable of it. That is why other experts are saying that if you can't have a business, then make sure you love your job and save from it because if you are in a stressful job place, then for sure your life would be short and not good for your mental health. Even for myself, I do want to start a business, but I really need a stable income and can't risk it because if I don't have money or income, we are all going to go hungry and have no food to eat. Totally on point.! All of us does really have that kind of wish or plans on quitting or stopping our 9-5 or 8-5 job and would really be totally free out of those strict schedules and having some boss for you to follow but not all does have that money/capital and knowledge for them to start up with a business or other venture on which they do believe that this could really make the wishes or plans come true.We do know that not all business or investment would turn out to be successful on which this is why there would be people who would really be that skeptical on this kind of approach even if t hey do have the money but they would really be having doubts when it comes to on pursuing this kind of plan because they would really be that hindering and minding whether they would succeed or not. This is why we cant really be able to tell that this would really be that simple on which there are two scenario on which not all does have the capital and the other is that they do have the capital but they dont have the confidence and knowledge on doing so. This is really the problem, as most of us are scared to take risks. I do have a workmate who really has money to start a business or venture with others, but he really stays to work at 8–5 jobs because his reason is that it is very stressful to start a business from scratch, so it is better to be on that job as he can relax and chill while at work. That kind of mindset is really in his comfort zone, though another reason is that his salary is enough; that is why he isn't thinking of anyone else, but again, it will not work for everyone because other people tend to venture out to others because they don't like the job, and others also don't want that kind of work style where you won't learn anything. |
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It will not confused you? I mean having multiple strategies can make you confused because one of it is you dont know which strategy follow and I dont know how didto filter out those confirmation because that would be like time 2 confirmation on your plans on entry unlike having one is that if that confirmation is not fit in your strategy then you wont get bait. We do have different strategies but for me it makes me more confused this is the same with tons of indicator on the chart, the fewer indicator the lesser the noise in the market
Certainly not, I mostly use three strategies to spot my trade and they are easy to use as they do their work in a different fashion but still towards the same goal. I can be confused only if my chart is clouded with too many indicators/strategies, up to 5 strategies are still very easy for me to work through, but I've narrowed it down to just 3. What I use mostly are price action, trendline and a custom indicator for trend trading. As you can see, they are all simple and have their purpose of usage. And the signal is stronger when all of them say the same thing. So it was tied together those strategies. Well do have our own strategies, if that is working well for you that is good as you have more confirmation of the trade to take which is a good trading strategy, where on my I do used also around 3 - 4 indicators which mainly trend line as my strategy is trend following which is working on me but I do follow the same goal. We really do have our own strategy that works well for us , for sure if you teach me your strategy I will get confused |
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When compared to typical offline professions, internet possibilities frequently have fewer entrance hurdles. Many internet platforms and markets allow people to monetise their skills, abilities, and knowledge. This enables people to demonstrate their skills and maybe reach a worldwide audience. Working at a real institution in the offline world, on the other hand, has its own advantages. Traditional occupations might give a sense of security since they frequently have set working hours and a regular paycheck.
It is still the same with working online; they have regular working hours and a regular paycheck. The advantage is that you are still with your family and have no need to go out. As Elon really said that working at home or online is unfair, like for factory workers and anything that needs physical touches, it is still an advantage because it reduces traffic and carbon emissions, which is good for our planet. We are just used to the traditional ones, like going to work offsite, as online work is just the new norm right now for people, and mostly everyone wants to have it or gets a job from it. |
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All of us want to be free from financial problems, and nowadays there are many ways to do so that we can enjoy life without any burden for finances that we face today, before knowing bitcoin saving is indeed one way to prepare us so that later in the future we can be free from financial problems, but now I am more sure to invest in bitcoin because bitcoin can indeed give us a surprise in the future Ahead, so now never hesitate to continue to collect Bitcoin, so that later we can enjoy life without thinking about the problem of our hudup costs that are always not met properly, rich people must have investments so that the assets owned continue to grow until old age later.
I am also like that, I chose bitcoin as a saving or investment option for a very long time. But I don't just put it in one pocket, but I also have savings besides bitcoin. For example, when I want to save 30% of my income, 20% I set aside to buy bitcoins and another 10% I keep as reserve money. Because for me, when I put all my money in bitcoin it will also be a risk, because I don't know what will happen if at any time I need money. It is an advantage if when you need bitcoin money the market is in a bull market, but when it is a bear market, there will be a dilemma too, whether to sell or not. That's why I divided the place for my savings, so that I can avoid that risk. Only wealthy people Can save or invest depending upon their priorities in life ,poor or middle class ant do these things they hardly cover their expenses with their income. Saving is good but investing is better to increase your wealth. Even the poor can save, no matter how small it is, or like cents, it is still savings because you are putting it aside for the future. But talking about who is going to accumulate big savings, that is very different. Yes, the poor or middle class have a hard time saving because of our expenses, but even with a small amount, even those who are jobless can still save, as long as the amount does not matter. But the problem is that if your goal for that saving is huge, like, let's say, buying stuff to start a business, it will take time or be difficult to reach because you are just saving a few cents, unlike if you really have a high income or spare money, then you can accumulate it in a short period of time. |
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If your target audience really is here in this forum, for me, the best is signature campaigns because there are fewer spammers and mostly high-quality posts from those who joined that campaign. It is also more successful in signature campaigns than in bounty campaigns because there are instances where a lot of low-ranking members can join, and there are also multiple accounts that joined that bounty, unlike in signature campaigns where those posts are high-quality and high ranks users here. But again, this depends on you, as most casino owners that will advertise their casino here are doing signature campaigns and not bounties.
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You mean, he won 8000$, then he can't release it because KYC submission is required? right? that's the poicy of the casino, you must do and give them what they want or else you won't really get your winning price on their gambling platform. Then if the casino can be trusted and there is a lot of community built here, why not give kyc if this will be the key to pull out your winning, it's just common sense and there is no need to increase the price.
For sure, there is a hidden agenda on this, like either he doesn't have any documents to verify himself or it's a scam casino, because if this is the case, like they are asking for KYC, then provide it as that is the time they will process the KYC, unless they still decline his documents, which is fishy, but make sure that the document is real and also clear because they can easily check it if it is fraud. That's a huge amount of money, so for sure he knows what he is doing, but there is really one problem with it, and he ain't telling what it is. |
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Regardless of whether you choose self-learning or seek guidance from a mentor, it is important to understand that trading is a process that requires time and practice. Even with a mentor, initial losses can be inevitable as every trader goes through a learning curve. It is important to learn risk management, develop strategies, and constantly improve your skills. Self-discipline and patience also play a crucial role in achieving success. Once you grasp the basics and gain sufficient experience, you will be able to reduce losses and increase your profits
But what's best if you have a mentor is that you have someone to ask questions to, like if you have questions, you can easily ask your mentor, unlike learning from online materials. I've done both, learning online and then finding someone to teach me, which is really good as you can easily understand as they explain it the way you want. Also, those you mentioned above are really part of learning in trading. It is just better for me to have a mentor than learn alone, but still, other people prefer to be alone and learn on their own. |
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I think chatgpt will not totally destroy the job market. I think they can still help normal people to automate certain tasks that the people are having difficult with. There are also concerns about the accuracy and bias of chatgpt which may require human checking.Chatgpt will not be able to completely replace interaction of individuals in different fields where human connection is crucial. The chatbots may automate certain tasks and reduce the need for some jobs, they may also create new opportunities and enhance efficiency in other areas.
It creates new opportunities for others, and others may also lose some, like, let's say, replacing those people with a chat bot, but still, it is not completely replaced because there is still live support needed. What's really good is that it can ease your job, like me, who likes automating stuff so that there is less work, but the cons are that those students have the biggest problem right now because those assignments can easily be solved, and the problem is that they don't understand it. I hope it will be used for good. |
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For the most part you have a pretty clear picture of what every company does with your information. They sell it to advertising agencies to provide you with targeted ads to make you buy their stuff. It's all just a matter of who's going to take care of your information, and provide you with the targeted ads that you would be able to tolerate. That's why my money's on reliable companies and sites, at the very least you know for sure they're going to take care of your information, and most of them have a "Do not Sell my Data" clause on the privacy statement that you can take them to court with should you find out that they violated such guidelines. Basically you have legal powers over the casino and the information they collect from you when it's a reputable site. You wouldn't really have this amount of certainty on some other gambling site which sets them so far apart.
The gambling sites never tell customers when an employee steals player data and sells it, for more than they'd pay that employee in a year, happens all the time though If it isn't a former employee selling it, you still have to worry about the specific sites security of your data, when many of us are from the "verify, don't trust" school of thought That is really a problem if those employees have access to that confidential data. I think not all employees have access to it, and it is also forbidden for sure that only those high-ranking employees have access to it, but again, we really don't know what is running through their minds, and that is also possible, but I think most of what I've noticed is that they are not secured, like they are getting hacked, and your data would be sold for sure. But no matter what, KYC is already on our doorstep, so to continue playing, we need to do KYC so that we won't get any problems along the way. |
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Exchanges are really making the price of bitcoin go up, not only because of the bad news for those exchanges, but also because people are going into it and buying or selling on that platform because it is easy, like they can just install it, and it is very interactive. It is easier than the traditional one, and people also prefer to transact there. You can't really remove exchanges, but people are having caution on it, like those who are holding their crypto; they should have the private key and not only the username and password. With this current problem in Binance, the price of Bitcoin will be affected.
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