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Economy / Economics / Re: Would you rather start/grow a business from scratch or buy an existing business?
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on: August 10, 2023, 01:22:19 PM
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In my opinion, it would be better for someone to establish a business from scratch because there are some teams that are already experiencing decline in their businesses. If you continue with these teams, your firm may fail.However, if you start and expand a firm on your own, you'll be able to control it and all of its beneficial aspects, including its clients and employees. If a company meets the requirements for the stages of production, growth, maturity, and decline.Products may be in a stage of decline and then return to a stage of growth.We must all believe that expanding a business is preferable.
True, a tough challenge if we buy or continue an existing business is that many people feel they are in control and sometimes it is difficult for us to control, companies that are being sold usually experience complex problems from production to marketing, making a new business is of course better so that all control is in our hands. |
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2
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Economy / Speculation / Re: Should we rely on prediction?
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on: August 09, 2023, 03:16:21 PM
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If we are used to and know bitcoin for at least 2 years then we are familiar with bitcoin patterns and trends, when it was still early of course many people relied on buying or selling based on predictions from experts, and after knowing 2 years and having profit or loss of course we know the best thing without relying on predictions.
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3
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Economy / Speculation / Re: Is the bull run near already?
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on: August 09, 2023, 03:14:56 PM
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I think a bull run can occur if the price has reached $ 40k, now the big thing that must be passed by bitcoin is to be able to pass $ 30k, there was a price of $ 31k but not more than a day down again due to profit taking from investors.
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5
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Economy / Economics / Re: what do we thinking about investment target?
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on: August 04, 2023, 01:21:11 PM
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Investing is indeed an easier way to develop money than a business, as we know that business challenges are getting more difficult because of the increasingly fierce level of competition, many large companies have financial support making small businesses slowly die, the presence of investment can of course be our main choice to get income.
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6
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Economy / Speculation / Re: The time has finally come...???
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on: August 03, 2023, 01:17:35 PM
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Of course everyone thinks that the next bull run can touch $100k or more, I'm also optimistic that the next bull run can reach $100k, if you look at the current market conditions, of course we have to be realistic that a bull run will be difficult to happen in the near future, as long as there are no strong trigger factors so it will be hard to see $100k in the near term, naturally it's possible that $100k price will occur in at least 3 years.
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7
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Economy / Speculation / Re: Bitcoin is improving I guess?
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on: August 03, 2023, 01:13:42 PM
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The market will immediately improve, so there is no doubt about it, unfortunately there are still many who believe too much in FUDs so they immediately sell when there is a small increase, of course this is a mistake because it can make us regret it when a bull run occurs.
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8
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Economy / Economics / Re: Should I Use Emergency funds or Sell my Assets ?
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on: August 02, 2023, 02:11:09 PM
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As human beings, of course, it makes us potentially have sudden or emergency needs, using an emergency fund is the last step we can do, as long as there are assets that can be sold, this is better so that we are always safe and not worried about any situation.
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9
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Economy / Economics / Re: How is financial stability defined for you?
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on: August 02, 2023, 02:09:21 PM
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To me, financial stability is described as the freedom to have the things we want, there is no dream of owning anything because we can buy everything, of course it is not easy to achieve financial stability because the current economic conditions make anyone have to make savings.
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10
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Economy / Speculation / Re: Bitcoin price guess, 2023
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on: August 01, 2023, 01:26:08 PM
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The trend for 2023 seems to be still difficult to rise again, the price is only in the range of $ 30k and it seems difficult to go to a higher level, but for those of us who want long-term profits, the best thing is to keep buying, remember that there will be a halving in early 2024 day that will make us get profit.
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11
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Economy / Speculation / Re: Is the bull run near already?
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on: August 01, 2023, 01:24:33 PM
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I think bull run doesn't seem to be happening in the near future, even today the market is red again so it touches $28k, of course this makes me not think too short term, the thing that might make a bull run is early 2024 because there will be a halving day.
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12
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Economy / Speculation / Re: $30000 is becoming the resistant price
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on: August 01, 2023, 01:14:41 PM
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Today the market is red again so it touches $ 28k dropping more than 2% in a week, for those of us who want to get big profits then now is the right time to buy more so we can get big profits when the market rises again.
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13
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Economy / Economics / Re: Entrepreneurship and women
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on: July 31, 2023, 03:13:57 PM
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More women in entrepreneur can really help to grow the economy. In some businesses, women are even more likely to do well than men. For example, a female barber in my street do make more sale than even the male. If ones country does not go against this..., I don't see any reason why more women shouldn't engage in businesses.
Many women are successful in business because usually women can focus on goals, when they have a plan to build a business they are usually more prepared to take risks, it is proven that more and more world millionaires come from women. |
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14
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Economy / Economics / Re: Reason why you will never become rich
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on: July 31, 2023, 03:11:39 PM
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The first reason why you can never be rich is too much responsibilities, carrying family problems on your head which we all know family problems are always around the corners and can't be totally eliminated. The best help to offer family is to put yourself in a better financial position, don't struggle to help family, struggle to put yourself in a better financial position then take away your from dependency. How do you take them away from dependency? If you have a company or business you are running or a connection, you can connect your family members to your friends let them work for them so that they can earn their own money or you have a business you are running, they can work for you to earn their own money. As long as their is still dependency they will continue to depend on you and demand from you.
The second reason why you can never become rich is not knowing how to use money. There are several ways money can be use : spending, savings, and investing. Many of us already know about spending and even when we spend we spend on things that are not really needed but just to impress people who don't care about you.
Buying liabilities, things that doesn't have value five years from now. Many save but even when money is saved, it is done to spend and not to invest and the only way to become rich is to invest and not by savings. So , invest in assets and not liabilities.
In my opinion, the first opinion that we are only bothered by families who need help is wrong. From a calculation, of course, the families we help are a burden, but in reality, the family that is our responsibility is the motivation and the door to get the ease of making money. |
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15
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Economy / Economics / Re: Building a prosperous business
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on: July 31, 2023, 03:09:40 PM
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Building a business that can become a giant company in the future certainly requires patience, many successful people tell stories that when starting a business they have experienced hundreds or even thousands of failures, but with strong determination and positive motivation that the business will become big they can be patient.
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17
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Economy / Speculation / Re: Can Bitcoin be trusted?
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on: July 15, 2023, 02:40:35 PM
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Hack cases that have occurred are of course small things which are usually because someone doesn't care about the security system, with the 52 characters in the bitcoin private key it can be said to be very difficult to guess, this is what makes many people have no doubts about the bitcoin security system.
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18
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Economy / Speculation / Re: Less than 300 days left to halving - price predictions for The Day?
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on: July 15, 2023, 02:38:55 PM
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Can't wait to see what will happen on the halving day, the best preparation right now is to keep buying so that when the price skyrocket we can sell and get big profits, now is a good opportunity to buy because we can buy at a low price, and remember if we want to get big profits there is nothing else but to be patient to wait for the halving day.
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Economy / Economics / Re: Agriculture can save your country from recession
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on: July 14, 2023, 04:00:18 AM
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Basic human needs are food and drink, it is only natural that countries that still rely on agriculture such as Vietnam, Thailand, and many South American countries can survive when an economic recession occurs, and the other side is that agricultural prices will be more expensive because many countries are trying to become industrialized countries and leave farming system.
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Economy / Economics / Re: Invest in Marketing
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on: July 14, 2023, 03:58:19 AM
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Marketing personnel are increasingly valuable because they are the hope and foundation for companies to be able to get profit, it's only natural that marketing gets higher attention because marketing costs continue to increase and in my opinion the idea for companies to invest in marketing is an important thing.
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