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It means they are still interested, but for sure it's because of the price. Just imagine that is a ton of money, so partly of themselves they want it, but again, this has been the thoughts of those people when seeing bitcoin because most of their first impression was that bitcoin was only used in the dark web and in criminal activities. This is what they heard from the news, but they really don't understand that it was just used, and it is still the same with fiat that it was used in criminal activities.
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Spending more than you earn is something that you shouldn't do if you are just living from paycheck to paycheck. There are just tons of reasons why you should plan your budget ahead, and make sure that you still have something you can use on for a few days if possible. This is a very hard mindset to develop, but something that is worth it once you have mastered it.
I can't really imagine those people who are spending more than they earn; just imagine how much their debts are because you are always caught short, so you have no choice but to borrow money to buy your needs. I am glad that I am not this kind of person because every time I do buy something for myself, I always think twice if it is worth it or not. Even clothes, I rarely buy unless I need a new one. It is really better like this because you won't go into debt and think a lot about how to pay it. |
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If we see the bigger picture if you want to earn daily this should be trading but again it is not guaranteed that you will win per trade. I don't really see any options to have an online investment that is stable that you can earn $50 daily since this is not like a job that your income is stable per day . If you are also thinking of ponzi scheme for sure youll know that it is a scam eventually. The only thing that i can think off that you will earn daily is trading
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If we want big profits then we have to understand the risk of losing, the higher the opportunity for profit, the higher the chance of loss, and in my opinion as investors we must be able to understand everything that can happen so that we don't get depressed when other things that don't go as expected happen .
actually the choice like this depends on the target of a person. if he wants money fast, and lots of it, then he needs to take big risks. However, if he prioritized the security of his assets, then choosing the path of less risk would be very good for him. Personally, I am more inclined to choose the type of business that has a small risk, compared to a large risk but has a large income. what i also noticed is that those rich people are more risk taker i mean they want to have those bigger return that is why they are getting richer because us poor people are having hard time to get those capital money that is why we settle on less. Rich people can afford to lose it but us we cant. Even my self i do prefer for small risk but i do always wants the bigger risk and bigger return but my money doesn't want it |
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You should say that asking for KYC verification for a decentralized casino project is not necessary, when it comes to centralized platforms, they have licenses and would definitely require KYC to comply with regulations and AML laws imposed to prevent the businesses from anti-money laundering and other such illegal activities.
When we talk about traditional casinos or sportsbooks, the reason why they didn't require KYC is that there was no such concept back then, KYC was introduced just recently after the rate of illegal activities and cheating was on the rise.
I think people understand that casinos due to their license and the increase on the number of users they serviced thanks to the pandemic are going through a period in which governments are giving them more attention than ever, and as such they need to ask for their gamblers to identify themselves more often and to be more strict on their requirements, but a casino that is supposedly decentralized should never ask for that information, and the moment they do so then we as gamblers lose any incentive we may have had to play there. Obviously, online casinos were never so popular, but it was only after Covid-19 hit the world and there was pandemic and everyone was in self-quarantine, all public places including casinos were closed down and that is when the rise of online gambling started, people started to find ways to do their usual activities, gambling being one of them, so they stumbled upon online casinos. When people started paying attention to online casinos, crypto-gambling platforms started to become famous, and ultimately, they have become a new trend now, and that is the reason why authorities are always behind them. You are right, in 2020-2021 things got very hard all over the world, the jobs, the people who did not have any,many were fired and of course everything Pointed a lot towards online jobs, in that order of ideas is how a great increase in more players in the casinos, how bad it is that they went to the casinos to try to multiply their money, some succeeded,but I think that the majority lost and that was the descandent for the casinos to have such a large number of customers world level,the new users were produced in the casinos,thanks to them some casinos still have many clients. That is also the year that most of people ive known are doing gambling online on their own homes because of boredom and also trying their luck because they are really desperate of money because they dont have work that time. That is really the boom of casino which ive seen there are a lot of online casinos coming out everyday and most of the post in social media are about gambling. Right there are still a lot of gambling casino that is promoted by influencers |
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Here in my country (shh... no name), people are moving from agriculture to company jobs, should show change in food prices in sometime, I think. But, currently, food is cheap, $1 can bring you several kgs of multiple vegetables (onions, potato, tomato, cucumber) — yes, they still get relatively expensive off season but then there are other vegetables that are cheap.
This country should be in Asia and also in provinces because there are tons of vegetables there and they are cheap, which is really good, but the sad truth is that those farmers in agriculture are going to be construction workers as they can't take the price of everything like fertilizer on their crop. I do have a friend of mine who really went to the city to find a job as the profit they are getting on planting corn is not enough, even if they can get their capital. That is why he turned to a construction worker, who earns almost $10 per day. |
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I am very confused on what you are pointing out, but that is the right time to buy if people are panicking and all the posts on social media are worrying about the price, that is the time to buy but again it should have basis like the project isn't dying unless it is bitcoin. But again it is difficult to know that it is the dip that is why always have a knowledge to have your own analysis on every entry you want. Also profits are not always in dips since if you keep waiting on this you missed out other entries.
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Everyone just saw the expectation that we've set for ourselves. Both teams are good just as expected and this is where one of them is going to end.
Well, here goes the 4-3 predictions that I'm seeing on them and we'll know it soon. But we're sure that GSW won't just let this end favoring the Lakers.
And within the next few minutes, we'll see if Celtics will take their first win or if Philly is going to take their 2nd win.
With what happened in Game 1, I think the Warriors need to win Game 2 and at least one game in Games 3 and 4. The Lakers are hyped now, and people are thinking that they will win the series and possibly end the defending champion with a 4-0 or 4-1 record. However, this is just Game 1, and anything can happen, just like what happened in the Celtics vs 76ers Game 2, where the Celtics bounced back strong and dominated the 76ers. There could be some of those that they'll win for sure. But they'll come back stronger and that's gonna be a thing for them. As for the Celtics, there's a huge disparity and gap with their lead against Philly, congrats to them. They always come back stronger just see the 4th quarter that the run is very huge which means they are capable of coming back they just caught off short that time. I am not really a fan of GS as I am always a fan of LBJ but when it comes to games between GSW I always got nervous as no matter the gap of points if the last quarter they can make runs that they can get into OT or even win the game. My gut for tomorrow's game is that GSW will win that is why I still haven't bet for tomorrow lol |
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3 You need a side hustle even if you have a main job
This cannot be over emphasized. There is no job security. Nothing is promised. Learn a skill or turn your interests or that thing you enjoy doing in your spare time to a side hustle. We all need the extra cash.
The more the better, as long as you can manage it. This is really what we should do right now because we know that the price keeps increasing, and no matter how much we save, it is getting difficult because we are caught short on our salary. That is why, in this year, we realized that if we have another source of income, we can save more as well as buy things that we need. I am really thankful this year because I did find another source of income, which I hope will last for a few years. |
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Also, most of the traders that I've known who are full-time traders come from full-time work and just got fed up with having 8- 5 work and are not doing it full-time, but there are others that still stay at work while trading. Though coming from someone who is unemployed and goes to trading, it wouldn't be successful for sure unless you came from a rich family and have a lot of money to spend on trading, but for sure he is not reachable and just wants to find a source of income.
There are always exceptions, but how many successful traders are there who can afford not to go to work and consistently make money on trading? I also believe that in this case you need to have a good reserve of funds, that in case of failure, this did not put the trader in a difficult situation and he had something to work with further. As for trading, I am of the opinion that for the most part it should be just an additional income and only if it can generate income for a long period of time, I'm talking about several years, then perhaps this can become the main type of income. That is why I've stated that there are full-time traders who come from full-time work, as they are already consistently making money, but imagine those unemployed people who aren't rich. How do they get funds to start trading when they still need to learn? So still, it is difficult, unless you are rich. Getting full-time in trading is not for everyone. Maybe for you, it is successful, but there are people who, in the long run, are losing. |
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Taking a loan to invest in bitcoin is a No for me. It is ok to take a loan if your going to use it to put up a business, because if you will put up a business you will pursue to generate income because of your obligation to pay the loan you had acquired. But using it to invest in bitcoin and other crypto currency definitely not advisable because it is very much risky, we all know how volatile the market is and many testimonials scattered in the internet that they took a loan then they ended up loosing the loan they had invested.
As long as the loan is indeed used properly for investment, I don't think there's anything wrong even though as you said that it's too risky it's better to use it for business. whether business is also not a problem, of course it is the same as investment because business and investment are one and the same thing. but you really have to have a good basis if you really want to invest in bitcoin because like you said that the market is not easy to predict. therefore it must have a basis that can allow no wrong analysis. if possible, when approaching the halving period, just make an investment, which may be a rather small risk due to the repetitive nature of bitcoin. In business you can control things like lets say before putting up you have a feasibility study that your business here is successful as there are a lot of customers there but in bitcoin you cant control things i mean it is a passive income that you wont be doing anything which also means that if the price goes down your choice only is to keep losing or cut your loses. It is more riskeir to invest in bitcoin than in business but again everything has risk , find the risk the worth risking for. |
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This really depends on the investors or the buyers because, in every halving, the rewards decrease, meaning it becomes more valuable, but if the investors won't be buying bitcoin, then there is still no effect. It is still the cycle of buying and selling, but again, in the past halving, we've seen a lot of people adopting it, and until now, it keeps increasing, so the price will still increase as long as people or countries are adopting it.
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The massive awareness to keep bitcoins for as long as possible promotes people to develop the attitude of saving, just like saving money. Do you agree with this that people who are very good at saving money become very good at keeping bitcoins when they finally start doing cryptocurrency? Or do you feel that there is no similarity between keeping bitcoins and keeping money?
Fit and bitcoin are very different. Let's say that a person is very good at saving because when he has a penny, he will put it in the piggy bank for his future. In bitcoin, you can't do that because you will need a certain amount to buy small bits. Also in saving the return for you is securing your future, or having plans for it, like buying a car or stuff. Unlike bitcoin, which is more of an investment approach, if you gain profit, you'll purchase this one. |
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We need to be always prepared, because we will surely going old and if we don't have savings we will be in a big problem going old is very expensive you will suffer a lot of sickness because of our age we need a lot of money for the medicine and vitamins, we always need savings even now because we don't know when emergency comes.
Many people understand that they will grow old but do not have good preparation for welcoming old age, they are busy with hobbies or pleasures that make money easy to lose, for example someone who likes to replace new cars then you can be sure that old age will be full of regrets, it's better to buy things of continuing value such as land, or property. This kind of people are at an early age. I am not old enough, but this is really what I've done in my early age. I do like parties, drinking hard, and not thinking of the future, but right now I do regret it because imagine if I spent it to build a house, for sure I would have a house right now, or buy appliances, then I wouldn't need to buy one right now. When you are really old enough, you are now always thinking about what will happen to you when you are old, so it makes you wonder, and now you are going to work hard just to save for your future and that of your family as well. |
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Since pandemic it is really big. What i just noticed is that there are more online casino now unlike before and mostly people preferred it. Also most of the ads or videos ive seen in social media are about gambling which it is really rampant as we know there are agents to recruit gamblers ro sign up on their website.
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I don't use credit cards anymore because I think credit cards are things that make our finances wasteful, I've been trapped in credit card debt and almost every day I get calls from credit cards, even they often come to the office or home to collect bills, actually I can easily pay off but because I think the debt is too big a penalty so I ask for all fines to be waived.
That's the downside but I've heard that if you use it right, there's a possibility that you can use your credit card to your advantage, don't some credit card company offer some kind of freebies when you use their card, I've heard some offer free airplane ride or something like that, although I'm all for using it, I think it's best to know how you handle your finances first because if you don't know what you're actually doing and you are wasteful in terms of money and/or you don't have a lot of financial income streams, then credit card might not be for you As of the moment, most of my friends will say that they can buy everything and they can do installments on it, so it means they have power on it, which is why I am scared the most when I do have a credit card, as for sure I would be buying my wants. That is why I always say to myself that I don't want to own a credit card, as if I need to buy something, I should be able to buy it in cash. |
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My economy is very helpful by getting to know the bitcointalk forum, here I know the right way to invest and also how to trade in crypto. but there is one more thing that really helps my family's economy when I get gifts from this forum and I exchange them for money. with bitcoin I think it helps almost everyone if they are able to manage Bitcoin
This was directly addressed to you, which I think is some sort of personal help in your finances, but I think the way you help the economy is that you can buy more foods right now, which means you paid tax as well as the owner of the store you purchased, so you are able to help them. The impact on the economy that happened before to me was that I was able to generate a few side jobs for others who needed financial help, but this was before when there were a lot of tasks to do and the pay was in bitcoin. |
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IN my humble opinion - in most case - Rich people would spend their money for their purpose that could give them returns or profit while the poor people are struggling with their bills spend their money on something don't have.
Yes, and that is because they're giving the importance on how to spend their money wisely. Because if they don't spend wisely, they'll have to work harder. And instead of working harder, they're working smarter and making their each penny work for them. That's how they're becoming richer with all of the money that they have. They understand how important it is to spend each of those so that they don't have to work themselves too hard. that is important to spend your money wisely. If I look back I wasted so much money - my friends have been looting me and people think that since I dont have family I dont need money and they kept stealing my money but the problem is that why you allow them ? i mean you can prevent it but still they continue doing it. I really don't know what your reason but for me it was sort of you are just giving it to them or they are asking to lend money which you give also. Most of the rich people i noticed is that the money works for them meaning they are not after money, they are investing into something that later on the money will work for them like a passive income. |
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That's so wrong. Well, they will be investigated if what they say is true. But I doubt they are. Not taking responsibilities for her own mistake, that's not a good lesson for the kid and he might do this kind of trick too when he grows up, worse this will be like his job.
Gambling advertisements always tells us to gamble responsibly, and this is not how it is. It was said for a reason because we will end up like this case of the mother and son if we don't control out gambling habit. I don't blame anyone with all my losses, better, I actually keep it to myself because I am shy to let others find out that I lost my bet.
I really don't understand people who are blaming others in loses , i mean in the first place before you bet its your choice to do it and if you lose then you shouldn't blaming others as they are not the one who bet it. Those kind of people should be avoided as for sure it will lead to altercation or even a fight. Even my self no matter what fault or loses that I've been through i wont be blaming others. |
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If we only keep money in a bank or deposit then we will not see the development of our money, investment is the best place to get big profits, now there are cryptocurrencies investments that allow us to fully control our money or assets.
there are still interest on it if you put it on the bank but again that was low and lets say that you really dont need that money then it is really good to put it in bitcoin as no matter what the price is you have a high chance that you can make more from it. Though if you want to play safe then it is better to put half on bank and the other is on Bitcoin |
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