Gold is only suitable assets for the long term.The cryptocurrency are suitable one for long and short term investment.
If you think that cryptocurrencies, especially bitcoin, are suitable for short-term investment, then you are wrong, and with this mindset, you will soon have to accept losses with your investment. Actually it is okay to consider Crypto as a short term investment, as long as they know the right ways and startegy tobalways take profits and avoid losses although the market can change very easily. Buy, I do agree that Bitcoin for long term is exactly very worthy, morroever if we have many Bitcoin to holdm As long as you still know the risk and also always invest what you can afford to lose but again it is really proven that bitcoin in the long run is profitable but if you are not patient then holding is not good for you because it requires few years to profit and again the profit is huge mostly because of the ATH that is why a lot of people are holding Bitcoin |
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Young people right now tend to easily commit suicide when things go wrong, i know it is somewhat called depression as they dont know what to do and for sure they will say that nothing can solved this but the problem starts more when you commit it. I hope before committing suicide they should always think abou their family because for sure they would be suffering if you will die and also you are right they have more problems. Money we can earn it back but with life you can't bring it back so dont ever do it
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, but if this is the only money sitting around better not make a huge investment!
People always feel confident or have no control when they see the many benefits that others get in investing. So they kind of lost their best minds and used huge funds. They don't think there's a big risk that could happen. Actually, investing does not require large costs. Start small, make it big. New people sometimes lack patience and act carelessly. But if they feel confident in their abilities, then starting an investment with large funds and good management is a little better. They are blinded with some information that they can earn huge profit with investing on it, but they failed to realize that its so risky to do this knowing that bitcoin is so volatile and we may go up or worst down without us knowing so if market badly goes down for sure hus father might lose huge part of his money since for sure he will get affected on situation and might decide to dump for damage control. Its really good to invest on bitcoin but this is good only for spare amount of money and not came from loan, retirement or even your last money on hand. That's what is happening with most of the newbies, they just look at the profit other people get from investing and don't understand the risks they can take when investing in bitcoin. If bitcoin could be profitable easily and without any risk, we would all be able to borrow money to invest and become rich without calculating the risk. What OP is doing is actually quite risky, using retirement money to invest in bitcoin and what's worse, it's not his money. He won't understand what his father sacrificed to earn that money. What is also I've noticed in today's generation is that they will decide immedialty without any calculation ,like if they saw someone who profited on it they will then say they can do it like immedialty they decide, also there are others that too eager to do it but when it is already ongoing they will quit as they haven't expected that they are losing. I hope OP listen to replies in this thread as there are chance that his father would agree on him , but again it is better to both of OP and his father talk to it and make calculated risk about the investment. |
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I don't hate someone teaching bitcoin to children, but I strongly oppose teaching bitcoin to children who are too young. Many parents on the forum are trying to teach their children about bitcoin when they are too young to learn about bitcoin or other investments. That is the age when children need to have fun and explore everything in the world around them, not force them to follow our thoughts. And you're right, teaching them to invest too early won't make them rich in the future, but many parents aren't aware of this.
Actually this cannot be considered right and wrong as for whether you like it or not it depends on the parents who do have personal contact with their children because of course in this case even though bitcoin teaching is still very good but we also have to be able to measure the readiness of children and this goes back to parents who can see that potential. Even if their children are at a young age but if they are ready why not do it. We have come across several articles about young children who are quite successful in mining, for example, such as Ishaan Thakur and Aanya only because they are well facilitated because of their children's interest in this field or maybe a story that seems ridiculous because it is only based on a bet from Erik Finman but it is actually a good turning point for him in bitcoin. Actually in this case the context is not to like it or not I think but we have to see whether or not the child is ready because indeed if it is not ready for what is being forced but basically if they already like it from the start it is even better because we as parents only need to facilitate as a container of their wishes. I agree with what you said, if they are really interested in bitcoin, even at a young age, we can teach them. What I want to say here is I hope many parents should not force their children, should not impose their thoughts on their children, let their children grow up naturally, and respect their choices. Bitcoin is great, but it's not the only way to become rich or financially free in the world. So let them grow up the way they choose. Let them enjoy. For sure, there will be an age when they get interested in earning money and will ask questions of you, but if the mind of the child is still on playing and school, then I don't think it is a good idea to teach them about it as they still haven't enjoyed their lives. Also, expose them to what you are doing, like, let's say, purchasing bitcoin or trading anything that they don't understand yet, but if later on they get curious about it, then that is the spark that gets them interested in it. |
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Many people are only living there lives without purpose. They go to work from morning and closes in the evening and that do not tell them that they are not living a suitable lifestyle that will give them freedom to go to any places they feel like going without anybody restricting them. We don't need to live our lives to please the boss or the government for those working as a government workers especially for many years.
If you're working for the government or your boss as most individual are doing, you have no choice but to please you boss. If you don't please them, your chances of staying in that job for a long period will not exist. Bosses only want employees who're loyal and does that work very very because when that is done, the get good results and get the value they're paying for you. If you want to work as you please and don't what to answer to anybody then you should start your personal business. Starting a business isn't hard to do but keeping that business profitable is when you'll have challenges because not everyone has those qualities in them. I would say in government that as long as you don't commit a big mistake that can affect the whole office and also have absences, then you are good because government employees are not too strict on this. As long as you are just doing your job, like finishing it even if it is not on deadline, then you are good. But again, those kinds of things are very unprogressive for you, like feeling stagnant and not improving your skills, and also because it is only minimum wage. Having capital in business is also hard at the same time when you run it, which is why intensive research and learning are required. |
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There is really no significant meaning for children about bitcoin; it is just like a shape that they are creating or drawing because they are just competing on making it and there is no knowledge or they don't know what the deep meaning of it is. For sure, it is just their father saying that probably this bitcoin will save us from this and make us rich, which is why it sank into their minds and they started making it in mud.
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$100 daily and stable. I think it requires good trading knowledge. i also want $100 per day with $4k investment. But it's not easy bro. the market continues to fluctuate, we must be able to read the market to trade quickly, but the risk of loss will definitely exist.
You're right OP thinks he has $4k and it's easy to make $100 daily by trading them. But basically what he doesn't understand is that if he invests then the market position comes down, he probably doesn't have it in his head. He may not have a fair idea about the market. But he must keep in mind that the market is always on the ups and downs. So OP should learn good knowledge about Bitcoin and market analysis before and think about trading later. Only then will he realize how difficult it has become to earn his daily income and how much risk there is likely to be on his money. There's a good probability that one can earn upto hundred dollars i trading bitcoin but this may not be a regular experience in trading, sometimes you will even loose than earnings when trading, it may looks like gambling even though they are different things entirely, trading comes with having the full knowledge of the market price and the trends after thorough speculations on research and made often times. Basically, both profits and losses are part of a trade which cannot be separated, when you make a wrong decision you will lose and that is why it is very important to have knowledge and skills, but having it does not mean that it will guarantee that we will avoid losses, at least we can minimize the risk. it is really part of the trading , no matter how pro or good you are you still encounter loses but the most important is that if you gain profit on that money , you cant conclude that you are profitable if you are just basing for daily , you need to sum it up to a month, Also knowledge is always a power when it comes to trading if you have knowledge mostly your winning percentage is higher than trading without any knowledge on it. Dont forget also the experience as you will be having a feeling on a market like you know how will it go as you experience it in the past time. |
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In my opinion, everything is in the hands of the team itself, which is responsible for developing and making some improvements to casino features and promotions because the owner only provides what the team needs and also observes the development of the casino business that he has.
Competition in the casino business is indeed very tight lately, so the team must have ideas to provide an advantage that other casinos don't have so that there will be special interest from gamblers.
In fact, some casinos are willing to spend large amounts of money to hold promotions or contests so that more and more gamblers are interested, even though this promotion or contest is still uncertain whether the budget used will provide satisfactory results or not, but this is what the casino business must dare to take decisions even involving large amounts of money for the sake of the development of the casino itself.
although the competition is very fierce in the gambling industry, but if the casino already has a lot of customers as well as one of the biggest casinos I don't think it is necessary to carry out promotions that spend too much money to attract the attention of new customers. because if the casino has become big, of course it will be enough to do advertisements, of course, people out there will already recognize that the casino is very big and trusted, so there is no doubt thinking about any risks. except for the things you mentioned are done by small casinos that have to compete with casinos that are already big. That should be doing by those casino owners but what I've noticed is the more the customer they have the bigger their promotion or advertisment to attract gambler in them . I thing youve seen also a lot of big time casino that still paying influencers or putting their names into big games or fight to attract new customer. I don't care if they still continue their promotion but they should take care of their current gambler like having perks or bonuses so that they will stay more in their platform |
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Nowadays we can see very many people who are highly knowledgeable but they cannot use it well, and the income they get cannot be enough, and for me only one problem for that person is laziness that always haunts him, because nowadays there are very many successful people but they only rely on experience and work hard and finally they can get everything they want, So in addition to having knowledge, we also have to work hard.
Having knowledge does not mean that someone has to stop working hard because hard work is the first motivation that must be owned by everyone in this world even though someone still has little knowledge. Because there will be no results that can be picked if knowledge is only stored within a person without being applied to his work in order to generate more income. Actually it's quite easy to understand because working hard is the basic foundation in life, while knowledge is a tool to make it easier for someone to work so that they can save more energy on themselves. this really depends because there are a lot of knowledgeable people in business that got rich because they do hussle a lot like they know what to invest to or put up a business and they just need to hire someone to run it then its done. Though working hard is always a must but it is still better to work smartly as you can get the same results with little effort. This is like working hard in a job that you thought you'll get an increase but it was opposite youll get more task |
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I want to believe that the case brought to us here is extremely rare: a grandfather who kidnapped his own granddaughter to be able to continue gambling. But, uncommon cases apart, I think that we all should reflect a little bit before starting gambling, like how much money and time do we want to spend doing that, or one's psychological state and environment. Because the experience is not the same for someone who has financial freedom and a beatutiful family as for someone who is depressed and desperately looking for an escape route. I think cases like this are very rare indeed, especially if the grandfather who kidnaps is his own grandson. there are various sides that we can see from this incident, it could even be that the grandfather just pretended to be pitied by his son to give money. but what is certain, we can only examine this case from the sources provided by the OP. I think to find out more, we must have more detailed information. unfortunately, this case is not ours. so, we can only assume and gain wisdom from the case. Regarding what you say in this post, it should keep our minds awake and sane. contemplating is something that is very necessary, even we can correct what we have been through. without exception, involving him from gambling activities. we agree, how much time we spend, and how the circumstances that make someone do things beyond their common sense affect their psychology. in essence, back to ourselves and how we define gambling. because it's important to me. at least, I have an alarm that limits us from getting out of control or limiting us to excessive activities. ]My muslim friend believe gambling is a sin because it forces us to get money by hook or by crook. When you are in stress and financal in trouble you dont see good way or bad way to full fill your need. So if you are in finincal stress dont gamble because you think that you will get rich that is not correct Thats their belief which we know that a lot of religion really prohibited it as it is a sin and we people that do gambling is that we should respect them as thats their personal belief. The way they understand is very different to us as others may really gain something from gambling and others haven't. As long as you treated gambling as a rich quick stuff(unless got lucky) you will lose more money and again leads to addiction as you are more frequently playing |
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Snip.
I think yes , it (chatgpt) is really can destroy some peoples job market. Chat, through which programming or coding related tasks can be done easily, it is really has been a boon for many as well as a pain for many. Any skill can be divided into three parts: high level, mid level, lower level.H owever, those who are high level programmers or coders may not be able to beat by the ChatGPTs. However, those who are going to be at risk because of Chat GPT are the mid-level and low-level people, their work is generally being done through Chat GPT. The only way out of this is to always develop your skills. To survive in today's market, you have to be at a high level. I disagree with you . I am also a programmer but not really using it now but still I use mostly in automation it what I could say in AI is that it help me a lot interms of solving problem and making it an assistant in case there are problems. Also it is difficult to like rely on the code provided by AI as there are ton of outdated codes as well as not working properly so still you need to review it |
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if you wanting more that is the problem starts, that is called greed as he is rich then still wanting more power. I think this is more about power which makes more money, as for sure he already predicted that the oil will be gone sooner and he doesn't know what to do next so he decided to run just to earn money. Also I've heard a lot of stories that even you are rich there still missing in you and happiness is difficult to find as you are too busy
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I am curious to see if the OP has sold it off as he sees it green and sees profit, or if he still continues to hold and accumulate bitcoin by purchasing small bits, because there are others who can control the temptation to sell it off at a loss, but if he sees a small profit, he is tempted to sell. I hope he is okay right now and will continue buying bitcoin and also prepare for the bitcoin halving next year, which most of us are excited about.
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My first impression is that you already have a lot of investment now, and for sure, it's thousands, and that winning is, i think, not worth it to invest in it because that winning is like you ever dreamed of it, like you are hopeful to win it, and at the same time, it is bet to buy it a drink if you want to, or if you have a child, buy her toys or anything else that you can remember in the future. You are too different from what people are posting here, so I would really recommend you to have fun. For sure, you are very stressed now in your investment or in life, so this is the time to enjoy!
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Saving money is an important thing that we must make a top priority in life, if we don't save it will get a lot of difficulties, saving is of course according to ability, but if we have a small income then the first thing to do is take it for saving and the rest is for needs, if we don't do that then until we are old we won't be able to save.
I'll put the main needs first, then we can save the rest. Agree with you that saving should be according to our ability, so that we don't neglect our main needs so that we can save. The amount is not the problem here, the most important thing is that we can set aside money from our income for us to save, it doesn't matter whether it's a small or large amount, the important thing is that we can do it consistently. Many people who have a large income but they can't do anything for the future due to their luxurious lifestyle, which makes them unable to save their money. Now this luxurious living habit usually makes it difficult for people to set aside money for savings. So to be able to save, of course, we have to start from improving our life habits to become simpler. Buying only the things we really need. and avoid unnecessary purchases. Prioritize primary needs and try to set aside our money even if only a little. and as you said the key is that we have to be consistent in doing it. They got affected mostly by social media, which is why they will spend more on their wants, like if they just see a newly opened restaurant with a lot of people going there, even if it is not necessary, they will go to it, or buy a new phone even if their old one is still working. If people can't control this kind of urge, then for sure they can save for the future, as they are prioritizing their short-term comfort or happiness. |
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It is very risky, but first, consult your father and act as a man, not a boy, because it is difficult to make decisions on your own. The problem with investing that huge money is the risk because we really don't know if after a few years the bitcoin price will go up or down. If you can afford it, then go ahead. But if I do have that money, I will put some in bitcoin, and others will start businesses and start saving to build the house that your father dreamed of, but again, it is always best to talk with your father.
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Take that time to upskill, maybe learn a new coding language or get certified in digital marketing. As you've rightfully pointed out, this could be a great time to pump some iron or devour some enlightening books. Because who knows, the skills or knowledge you gain during this time might just land you an even better side gig in the future!
Absolutely... No one knows about it and the future. As long as someone isn't lazy, having free time is actually an opportunity to showcase their ability to grow. And it's important for someone to have a rival when they want to develop their skills or knowledge. In my opinion, it is crucial for someone to have side activities that can thrive and evolve. A regular job cannot guarantee our productivity in old age. The elderly need passive income to continue enjoying life happily. Therefore, relying solely on a high-paying job and a monthly salary is not something extraordinary for the future. We need other sources that have the potential to provide us with prosperity in the future. the needs of the old age later encourage us not to rely only on work with a monthly salary, I have thought about this so that is the reason I build a business, even if it is small. and another thing that encourages someone to work on the side is the lack of money to make ends meet, sometimes there are some people who cannot make ends meet with their monthly salary so they decide to work on the side. if there is time and desire I think a side job should be done, not only to stabilize finances but can be a savings or investment for the future. You can't work until your lifetime. When you are really old, you only want to rest and also enjoy life. Having a business is really good, but not all of us can do it or have the skills to build one. It is really good because you aren't working under a boss as you are now the boss. But others still prefer going to work until old age, but only if they have savings or are investing in a pension so that they still have money even when they are old. But for me, it is really better to have a business because your grandchildren can take care of it, and it will run over a few generations, which is sure to make you happy. |
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Virtual gambling looks cool, AFAIK there's a company that has this already and it was posted in the gambling section where that casino has a partnership with a VR device company. You'll need their very own device to log in to their casino but I barely remember the images of that casino. Maybe it's like a sandbox type of casino. We've got web3, NFT, and soon VR/AR is just gonna be a matter of time until many casinos will implement it as if an added feature to try them out.
For sure, this stuff is expensive. I mean, it is a one-time investment as you need to purchase VR, and then you can use it in games, interactive movies, etc. I don't know why I am excited about this, but for sure, the reason is the experience from it. It is really far from using our phone or PC, and also, it is very cool to have this as you can like escape from reality. |
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Most of us like to only borrow when returning it is very difficult, in this case we must pay attention too the job of the person borrowing if you really want to lend it because if it's the wrong person or the person who doesn't have a job we lend it can there will be fraud and not paid looking for reasons that there is nothing to pay
Of course. we have to be careful if we want to give a loan to anyone. especially to people we have not known for a long time. we do have to first check what job he has and also check his real identity and whether he is really a person who can be trusted or not. Even when borrowing from a bank, you need collateral. So also we have to see what collateral is offered by the borrower if he is not someone we know. but I personally don't always ask a lot of questions when my relatives borrow from me. I would immediately give it without hesitation if I had extra money that I could lend. When it comes to family or relative i do always lend money to them even sometimes they dont pay because mostly in my mind i needed their help in the future so if that time comes they will not decline me as I've help them before , but with regards to friends i do always careful on this to whom who i will trust because sometimes trust can kill you which you should be careful , as long as your friend is able to pay it back then it is good but this depends on situation as there are like friends that who lost their job then that is really the best time to gave them money |
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Does anyone here lost their job already due to chat gpt? I guess not and people just create panic. I dont think it will destroy “job market” (what ever it means lol  ) but it will rebalance demanded and less demanded jobs. I think we already had things like that, when we had to many of so called “finansists” and shortage of those who knew how to work “with hands”. Now we have too many guys in IT sector. I guess we dont need so many keyboard clickers anymore Absolutely agree with you. I have not yet heard about the fact that someone cut the work or replaced it. For that, I have heard many times about the fact that the gpt chat simplifies the work with the same writing of various texts and no one complains about it. At the moment it's just a handy tool that simplifies the work, I don't see it as a threat. To be honest, Chatgpt has actually designed several jobs for users for completion, whether for work or educational objectives. As some may believe, I don't believe it could completely replace workforce development. Modern technological innovation is progressive, and we must accept it. We should view it as an advantage rather than a threat. The existence of AIs is beyond our control, but we can embrace and prepare for whatever challenges they might bring in the future. However, we must acknowledge the fact that AIs will never be as intelligent as humans. there are possibilities because remember before factory worker replaced by machines as it is more efficient and fast and dont rest, but again not all have this , it will be the same with the current situation others may lost a job but others dont , what best right now are those who has skills in technology will have more jobs and got more in demand , but again it is an innovation for us to improve so i do also see this as an advantage to us even right now i am using it while at work |
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