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1281  Economy / Economics / Re: When will we stop living for the weekend? Escaping the 9-5 life. on: May 21, 2023, 02:46:27 AM
Even my self still the same . 2 days off a week is not enough but we dont have a choice as we are poor and if we dont work we dont have nothing to eat. Even my self right now is  going to burning out as it is very stressful to me and im always tired as I always working late. Though this is really pur sacrifices for our family and we should be thankful that we have a job. Jus imagine others have no have and struggling in life but here we are complaining of being tired. We really have the same feeling but we just think the positive side and continue to work
1282  Bitcoin / Bitcoin Discussion / Re: Budget For Halving on: May 21, 2023, 01:17:43 AM
It is not good to take out a loan just for halving and also it is not 100%  sure that youll gain profit that time because what if this halving it will heat all time low? there are a lot of possibilities that will happen so you should be prepared of it. It is better now to like just save money to invest on it as it is still be on next year you just need to accumulate it and not needed to have a loan as it is very risky
1283  Economy / Economics / Re: Helpful mineral resources on: May 20, 2023, 12:49:34 PM
There are really a lot of natural resources there, but the government is not taking action, and there are also a lot of corrupt people there that only think of themselves and not the country alone. Also, also Africa has low support from other countries, which means low investors, so the government can't earn money to start processing things there and not selling them as raw materials as it can gain more profit from it.
1284  Economy / Trading Discussion / Re: Earning online more preferable than offline? on: May 20, 2023, 11:59:18 AM
Earning money online is far superior to working at a physical establishment during the day. Although offline is highly appreciated and difficult. Trading is a great approach to find your true self. It will put everything to the test, including your greed, emotions, patience, discipline, how you handle failure, control, common sense, and resolve. I strongly advise anyone who is going through a terrible time in their life to learn to trade since it provides them a clear sense of purpose other than waiting for jobs. So, which is better, online or offline?

It is really better online because there is less hassle, but in terms of trading, it is some sort of combination of offline and online because some people won't go full time on trading, like they make it a side hustle along with their offline job since their earning in their offline job is not that big, but others really go full time on it, which is online, not only in trading but also in work as there is work right now that is online.
1285  Economy / Economics / Re: Are we headed to a nowhere economic direction ? on: May 20, 2023, 10:36:02 AM
In our country, inflation and prices go up, hitting us hard. Electricity and water bills have gone up almost 100%, as have the prices of foods and basic needs. They are going up day by day, and workers right now are asking the government to raise the minimum wage so that they can afford to buy those needs as the prices are always going up but their salary is the same. People also right now here in our country, instead of going to farms, are going to cities to get employed because fertilizers are expensive, and there are only a few businesses right now that are still standing as others are going bankrupt.
1286  Bitcoin / Bitcoin Discussion / Re: My friend's investment in Bitcoin on: May 20, 2023, 09:29:40 AM
Let's just hope that your friend is not of the same mindset as others who blame those who teach them or introduce them to bitcoin and are confidently trying it because they think that it is an easy profit or because they just invested in ponzi. It was really good advice, but you also told him that it is better to hold it for a few years. No matter if he just invested $500, he should add more of it, like getting around $20 on his salary.
1287  Economy / Gambling / Re: How does AI gambling sound? on: May 20, 2023, 08:22:48 AM
Anyone seen the prediction from ESP about the Heat vs. Celtics? 3% is only the chance of the Heat winning over the Celtics, but what happens now? It's 2-0 in favor of the Heat. If we look closely and compare it to our AI, the ESPN data is really based on what the players can do, like how much they are capable of, and they really read that the Celtics are more powerful than the Heat as most of the players there are undrafted, which means it affects a lot of the data. So let's say we used AI to make predictions about this, so we come up with those kinds of numbers and they turn out to be still not reliable, but again, it doesn't mean using AI would really make you win as there are really instances like this that are difficult to predict.
1288  Economy / Trading Discussion / Re: Investing and trading in crypto: can make you or mar you. on: May 20, 2023, 07:28:33 AM
It makes me laugh just based on the photo and not reading comments. If we just make fun of it, it is really funny, but if we do go deep, there are really instances where that is true, but the way the people comment is kind of mean; it is like they are on the tip of the iceberg. It is like they thought bitcoin or crypto was about ponzi schemes and scams, and they always conclude that it is a scam as they can't make a profit on it. That is really the problem with some people; they judge the book by its cover without reading the content.
1289  Economy / Speculation / Re: Know your time to HOLD on: May 20, 2023, 05:31:23 AM
It looks desperate, and the fact that you bought it in the same year shows that you are really after money. The fact that you said that it will start pumping and pumping means that you should not think about it; you should have a basis no matter what. For sure, you've just invested for thoughts or hype around you, which for sure makes you not last in bitcoin holding. That is really the cycle of bitcoin holding, and I hope that you'll learn from it and reflect on it. You won't get rich in just one year of holding Bitcoin; you need a few years.
The ops have lost every sense of it and there is a high possibility that he will slide into depression if his expectations failed to materialize I am sure he is not ready to invest on a long-term basis due to his high level of impatience,  it baffles me how members forget the phrase that state,  invest what you can afford to let go for a long time.


Most of the newbies have in recent times shown some level of inpatient and unwillingness to learn from experience rather they just want to cash in on the gains.

Lets hope that he will still continue holding or if not he will learn from it as for sure only few percentage of newbies if really dont last long in holding like OP will quit along the way. I am also the same with OP before but I still continue it as we see the potential of bitcoin and i do hope that he will do the same and not the same with others that is just jumping with the hype
1290  Economy / Economics / Re: Is some certain lifestyle a waste of money and time ? on: May 20, 2023, 04:21:40 AM
It depends on your capability people are keep having a good time spending their money because they have extra and they keep looking at it as extra money that they can spend a lot of money and unlike other people. see their money as a precious thing so they could have a chance to accumulate as possible for their investment and savings.

But again not all the time it's all about earning, savings and playing safe always treat yourself to get satisfied with your goals achieved.
different people's level of happiness. by having a lot of money, maybe they will be facilitated to be able to pamper themselves by fulfilling all their desires, something like that is not wrong, because the way they value themselves after working hard to achieve it, and maybe the amount is not much compared to what it produces. it is wrong if our style is not in accordance with income, so that behind it it becomes a sharp boomerang that will hurt us ourselves. but not a few people who are too rich actually have a simple lifestyle, it all depends on the personality of each person

There are also rich people that aren't buying those fancy things, so it really depends on the personality of the person. Others, let's say, will take a loan or do an installment just to buy their wants, but again, this depends, as others will be signs of giving themselves as a gift for the hard work done, like that one. Even I don't buy fancy things, but I do drink occasionally, which is also a lot, but it is just giving myself a relaxing time.
1291  Economy / Gambling discussion / Re: Politicians behind the development of gambling platform on: May 20, 2023, 03:03:05 AM
So a Politician who is also a great businessman then decided to be part of the most trending market in the world as of now, what's wrong with that?
Who is stopping you to own a share or part of a gambling company if you are licensed and paying all your taxes. I don't have any problem with this.
I don't see anything wrong with a politician having there own casino or having there own gambling platforms. It may be very wrong or against the law in some countries but here, there is nothing wrong. What I know is that the politician would not want the public to know that they have shares in a particular casino or owns it. A politician that is a business man would not mind creating there own casino, allowing gamblers to make bet and earn if they keep making winnings.
This is a private enterprise and a politician have the full right as a citizen of a country to have shares or have there own casino ones they are paying there tax.

Every politician is a businessman, and we only knew little about their business as they really don't go public on it, and mostly when it comes to gambling, we know that they want to go into it because we know that the profit there is huge. There are really no problems with this as long as it is legal, but still, politicians don't want to get involved in it, like they really don't publicly show their support for it, or somewhat, as we know that they tend to care about their status and want to get their name heard so that the people will vote for that politician.
1292  Other / Off-topic / Re: Is it about morality or productivity in choosing to work from Home on: May 20, 2023, 02:00:37 AM
He is just thinking about his company. I mean, he ain't looking at the bigger picture because this doesn't apply to all. There are really companies that have this, and let's say they are not essential workers like those who needed to go to the factory. What I mean is that as an employee of a work from home worker, it can make less traffic, less crowd, and mostly improve productivity at work as we can do it in our home without being late or tired of commuting. For sure, those people who have to go to their personal jobs know it, which I don't know why Musk said
1293  Economy / Economics / Re: Saving one third what you earn monthly is not that hard, isn't it ? on: May 19, 2023, 04:38:50 PM

I just also recall that before my salary is too small i can say that it is enough on me but now when it was way more bigger than my previous salary  we always caught of short i think this because of the inflation and also over time when we do have bigger salary our spending would be also bigger like before we wont be eating on restaurant but now as you have bigger salary you will now it their which means that you do have intended budget on it.
We try to increase our income in order to improve our standard of living and it is normal that our expenses will increase as our income increases. But at the same time, you need to make sure that these expenses are really necessary, as you said, you don’t need to go to a restaurant to eat, but improve only the most necessary. The rest we should save and, if possible, invest so that they work and generate income.

You know the joy that having more salary than before makes you not think of things like eating out because first in your mind is that as you have a bigger salary, you will now buy something that you can now afford, and you are not thinking of saving, which makes you blind. That is why I've learned from it, and now what I've done is treat it the same, or like a 20% increase from my salary, and the extra is for savings, like for emergency purposes, so that we can get something in case of emergencies.
1294  Economy / Gambling / Re: Gambling is a choice. on: May 19, 2023, 01:35:17 PM
The thing is.... it should not come down to the point where you are looking for reasons to blame someone else for your losses. You should gamble for fun and enjoy it, if it is not fun anymore... then you should stop.

Casinos have to make money to keep the doors open for you to gamble and they use the house edge to do that... people should just accept that and play games with a more favorable RTP... if they want to play for a longer period.  Roll Eyes
Right you gamble at your own risk which we know in the starting only but sometimes people can't handle their loss as they have wagered more which they can't afford to loose so they start blaming casinos for it but that brings no good to them.As you said it should be in fun manner always with stop limits and you should enjoy it.
When it comes to losing to the amount of the stop limit for a player, especially a very gambling person, the thought still arises in his head that he has already lost a lot, it can’t be that he’s not so lucky, it doesn’t happen  ! 
According to the theory of probability, if he goes over the stop limit quite a bit, then he will immediately win back.  And this thought usually haunts the gambler.  And he decides to go beyond the stop limit, and after that, if he is not lucky again, he thinks that he will calmly stop playing.  But it often turns out that he is “unlucky again”, but the thought in his head still persuades him to continue and try again. 
And then everything goes like an avalanche. 
And of course, it is important to still force yourself to come to terms with the loss and stop playing on time, when the process has not yet gone according to a catastrophic scenario.  This can end up in a lot of trouble for a lot of people.  And so it happens. 
And quite often.  Especially with not very experienced players.

     -    This often happens to gamblers who lack self-control and self-discipline. But if they can do that duality, for sure when they reach the limits they will stop and not try to play anymore.

That's why the mindset of a responsible gambler should be that when the money is used up and go home, don't stay at the online casino any longer and just come back in the next few days. Maybe when they come back they will be lucky. That's how it should be anyway.

This is really the problem, as they can't control themselves. Either they will go back on that day or the next day, or they are able to control themselves, which is more likely the case for a few of them, and a few of them are really addicted to gambling. That is why you should always have a proper budget or, like, have someone control your funds or monitor you just to be safe that you can't spend more money out of it.
1295  Economy / Economics / Re: The thin line between contentment & living below potential, Patience & wasting t on: May 19, 2023, 12:23:29 PM
I can't really relate to this, as most of the people around me are very greedy with money or with business; they will try everything to earn profit, but they will still say that they don't have money even though they have multiple businesses. Even for myself, I will not be satisfied as long as I see that pile of cash or gold in my vault, and I really don't want to waste time, so every moment counts. Though if you are really content right now for whatever reason, then it's on the person, as all people are not the same.
1296  Economy / Trading Discussion / Re: Can copy trading be profitable on: May 19, 2023, 11:36:43 AM
I haven't tried copy trading, but that is possible, but it is not stable. You can earn that amount on this day, but tomorrow you lose the same amount. Also, the trader you'll copy should have a good track record. Still, I don't recommend copy trading because you don't have control over trades; you only have control over your funds, and you also don't know why the trades took place. It is better to do it your own way because we don't know when traders in the future will be gone.
1297  Economy / Economics / Re: Saving one third what you earn monthly is not that hard, isn't it ? on: May 19, 2023, 10:37:54 AM
Indeed being able to save is a state of mind, because the more you earn, the more possibilities to spend opens. Sometimes people with small salaries manage to fly on vacation and buy expensive stuff. Maybe they wont save third part of their monthly salary, but definitely they save something each month.

I have been working for many years, and I remember only few cases when I managed to spend more than I have earned. These were emergency situations with health issues, when I had to act quick and borrow money. In every other case I save, but sometimes make large spends on vacation, flat renovation, transport purchase. Such things does not happen every month, they are planned before. So yes, saving each months aint that hard.

People with small salary will be able to save more and spend more, in cases where their expenses are less. On the other hand, I have seen some of the high earners struggling to balance their monthly budget, because of sky-rocketing medical expenses and home loan EMIs. So different people may have different ways to deal with it. And also, it need to be seen whether saving money is a good idea with the current inflation rates touching two digits. Stock markets and bank deposits now offer returns considerably lower than the inflation rate.
That totally depends un your expenses if you are a sensible Spender you can save some of your income but if you are an extravagant spender you can't do anything about it .
And you are right the more the rich the more overspending habit they have and middle class tend to spend less and cautiously because they know if they are going to be careless about finances they can end up broke by end of month.

I just also recall that before my salary is too small i can say that it is enough on me but now when it was way more bigger than my previous salary  we always caught of short i think this because of the inflation and also over time when we do have bigger salary our spending would be also bigger like before we wont be eating on restaurant but now as you have bigger salary you will now it their which means that you do have intended budget on it.
1298  Bitcoin / Bitcoin Discussion / Re: What will you do with bitcoin? on: May 19, 2023, 05:36:13 AM
It really depends on the situation if i really need that money then i will sell it off but if not i will just sell half of it and wait until when it is best time to buy more.

This is a great tactics. You never know when bitcoin will go up or down so the best way to "catch" it in a good position is to DCA or hold some cash to buy bitcoin if needed.


You will also not feel behind with it because you still hold some bitcoin but that is also good approach to catch a good position but the right timing is crucial that is why not selling all of your bitcoin is good as you already took that trade in lowest price and for sure after that peak it will be dropping as that is the time to have a good catch. Also it is better if you have like accumulate bitcoin overtime coming from your money like you'll have 5% of your salary invested to bitcoin
1299  Economy / Economics / Re: Americans go to Mexico for medicals to cut costs. on: May 19, 2023, 04:23:46 AM
Health insurance and expenses are really expensive in the US, but when it comes to opportunities as well as finding a job, there are a lot of them, but again, it is not enough for those like minimum wage earners in that country. Also, not only in the US but also in other countries, their surgical operations are expensive, which is why they are flying to other countries to get them done.

I always used to wonder why generic medicines in the United States cost 10x to 100x what they cost across the border in Canada and Mexico. Here in India, one vial of insulin costs as low as $1.25. The same vial (with exactly the same composition) costs $100 in the United States. And it is not like insulin is covered by any of the medical patents. When Frederick Banting discovered insulin back in 1923, he refused to put his name on the patent. He could have made billions of USD from it, but he selflessly refused it and made sure that patients receive insulin at cheap rates. 100 years have passed and Banting will be turning in his grave after witnessing how the criminal pharma companies are fleecing diabetes patients in the United States with their super-expensive insulin.   

That's also my question. I think it's because they are first-world countries and the cost of living there is high, which is based on the economy, but if that's the truth, it is a very useless decision as no matter how rich or poor your country is, medicine is really a necessity, and it should be at the same price as it is for our own good. But one of the reasons why it was really expensive was because their health care was run by a private institution and not a government one, because we know that in Asia most of them are controlled by the government. That is why we got less from the bill we paid, and if we do have insurance, we don't pay anything.
1300  Economy / Economics / Re: Is some certain lifestyle a waste of money and time ? on: May 19, 2023, 03:26:54 AM
Unless you are earning a lot of money then you can do that lifestyle or any lifestyle you want , like those people that has already savings, they earn more than spent it so that's they do, they relax and live the life into fullest but like us that are only earning enough so we can only do is save and if we do have some extra we can relax but if we don't then it would be waste of money and time.
The balance between work and leisure is very important, if we have not inherited wealth from our parents, then we will have to work to provide for our family with everything we need. But this does not mean that we need to do work that we do not like, or work too much to the detriment of us.

You can find a balance in everything, I don’t want to say that it’s easy to do, I want to say that it’s possible to do it and you need to strive for it. I had to work at different jobs with different bosses, so I have enough experience to draw conclusions. You should not stay at a job that you do not like for a single day, as soon as you realize that you are not comfortable, leaving.

It's better to do a job you like and save less than to get paid a lot but spend the whole day at a terrible job with people you don't like. And when you live in pleasure, then new opportunities will appear for making money.

but of course before you leave, you have something in mind where to go to already or where to work. because leaving prematurely would give you so much headache as you may encounter financial problems. so if you don't have a new job yet, better sacrifice for a bit up until you have good assurance of another job.you may not want to go to work, but just think of financial difficulties you will face if you will leave without alternatives.

as others said prepare for worse like dont think the good side, think the bad side and how to survive so that you are prepared like what you've said if you plan to resign and you've just thinking that your job is worse but you haven't think off what you will do if you you lose your job and what you will spend if you dont have income just like that. Having prepared or thinking carefully whats your next move is best and being prepared is really best.
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