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1101  Local / Altcoins (Pilipinas) / Re: Miss Universe Coin issue on: December 01, 2023, 02:18:15 AM
Lumabas sa balita before na walang connection ang Miss Universe Organization sa Miss U coin, Ngaun Nagfile ng Kaso ang TCG Social Media Group Kay JKN Global dahil sa inabot na kahihiyan at paninira sa TCG kaugnay ng pagtanggi ng JKN global na alam nila ito, Matatandaan na Kasali ito sa Blockchain Week
Lumalabas na nagkasundo pala ang magkabilang panig at meron itong official Document na nagpapatunay ng nasabing kasunduan, sa ngaun ay Sinusue sila ng TCG for 1 billion bhat at maaring tumaas pa napakali pala neto into peso 1567537182.77 since palita yan .64 currently
Anu kaya ang dahilan at bakit nila itinanggi ito kung gayun naman palang legal ito, katakot takot na kahihiyan din ang inabot ng TCG kasi blockchain week at akala natin fake, anung masasabi ninyo sa ginawa ng  JKN Global , kung di sila nagsasabi ng totoo maari na stunt din ang ginawa nila na sabi e bankcrupt na sila, at dito nga sa huli iba pala meaning ng sinasabi nila, marahil nga sila ang di dapat pagkatiwalaan.

Narito ang link ng balita:
https://www.bangkokpost.com/business/general/2691914/tcg-social-media-files-lawsuit-against-jkn-global#:~:text=TCG%20Social%20Media%20Group%2C%20a,additional%20charges%20for%20asset%20embezzlement.
Sino ba ang mag iinvest sa ganitong klaseng project ?  di ko ma gets anong target investors nila dito, kung ganito talaga ang plano nila eh sana Ginawa nila ito nung panahong tayo pa ang nananalo sa Miss U, halos magkasunod nating napanalunan ang title from Pia to Catriona so yon sana ang magandang timing.
anyway not my type of investing and not my interest of engaging .

Ngayon ko lang din narinig na may ganitong project pala, which I think hindi nmn sya relevant sa ngayon lalo na at yearly lang naman kung ganapin ang Ms. Universe and sa nakikita ko, parang ang labong manalo ulit ng pilipinas, Yung kay Michelle Dee palang e, pasok naman dapat sa Top 5 ang candidate natin pero hindi tayo sure kasi posibleng may dayaang naganap. Ano nga ba ang purpose ng paggawa nila ng Ms. Universe coin?
1102  Local / Pilipinas / Re: Nakakabahalang balita mga kabayan. on: December 01, 2023, 02:14:10 AM
This is beyond our control already pero sana hind pa ito final and mag appeal is Binance since they are already working for their permits if I'm not mistaken, not sure lang kung natuloy ba ito or still on process. Sa ngayon we should take precaution and follow the instruction of SEC.

Super laking kawalan sa atin nito pero hopefully the local exchanges will step up and provide a more quality service para sa mga pinoy, good thing here is that hinde naman totally ban is Crypto dito sa pinas.
Tama, sana nga mag appeal si binance at iregister na nila ito sa bansa natin, malaking kawalan din kasi lalo na sa tagal na nating ginagamit ang exchange na ito. Kung sakaling hindi agad agad masolusyonan, mas mabuti ng sa ngayon palang ay mag isip na tyo at mag ready ng malilipatan kagaya nalang ng coins.ph
1103  Economy / Gambling discussion / Re: Do not gamble with Loan Money~otherwise you will be in danger like me on: December 01, 2023, 01:28:51 AM
I would go one step further and say that savings should also not be touched if they are meant to serve for other purposes. Loan money is probably the worst someone can use to gamble, but the most important recommendation is most likely that people should use a budget that does very minimal harm to any other important budget. OP posted about issues with serving the family, that is really tough. That decision should be made before the money is lost. Do I want the vacation with the kids? Or do I try to double the money and have two vacations? The negative effect of having none outweighs the positive effect of having two by far. Good intentions don't negate negative consequences. Sad
The allocation of funds for gambling must be funds that are not tied to any needs, never cut savings and important family needs just to gamble and you will regret it if you damage your financial management just to become addicted to gambling. The decision to borrow money from the bank is very inappropriate for gambling and after he loses everything he has to bear the high interest that must be paid to the bank, maybe he is experiencing a financial crisis at this time for his family's needs and he is better off leaving gambling temporarily to look for income opportunities from other jobs. OP should learn from this case and never repeat the same thing in the future.

that's why if you nail it down to the absolute most important points, gambling is a thing for the rich because they can afford to lose money without destroying any of their needs or desires (unless they go crazy and gamble fortunes).

But the average guy would usually have almost always something that could be deemed more important than the temporary pleasure gained from gambling. I am still not against it, but it is the same with a drug that someone uses. Lots of things speak against doing it, but sometimes it is what somebody feels like doing the most in a specific moment.
Gambling is for everyone but when it comes to affordability, it is appropriate for rich people because they can afford to place larger bets without hesitations and without thinking the amount of the possibilities of losing the money that they placed. But if you're coming from a common level of a person and you really want to gamble, always think the possibilities that will affect your life, and always set a reminder to yourself that you dont need to loan a money just for gambling, Be a practical thinker.
1104  Economy / Gambling discussion / Re: Its A Gambling Joke But Reflects Bad Things About Gambling on: November 30, 2023, 04:34:27 PM
I don't know if you've encountered this joke before, I often see it in my feeds coming from Gambling groups where I am a member

Guy 1: Hey, I have a friend who gambles a lot, and he just bought a new bike.

Guy 2: Wow! Your friend must have been lucky in gambling.

Guy 1: No! He used to drive a car but because of gambling, he sold it, and now he just bought a new bike to get to work.

Guy 2:  Cheesy Cheesy Cheesy

The first time I read it I laughed a lot but if you dig deep or think about it you will realize that it reflects many gamblers who are losing a lot and they have to sell things that are important to them and find an alternative.

How about you do you have a gambling joke of your own or you've encountered that reflects the gambling experience of many, come share it here
when you realized the real meaning of this sarcasm, it shows about what is the possible effect of being a gambler, It may cause you a positive effect like winning for the first time huge prizes but the majority is all about negafive effect of it just like the sarcasm stated above. Meaning, that's the possible thing that will happen if you are a irresponsible and compulsive gambler. Luck is in there but you need to be more careful when it comes to budgeting your gambling money, as well as your effective decision making so that you'll not ended up being broke.
1105  Economy / Economics / Re: Luxury and spending lifestyle fastest way to poverty rich kids on: November 30, 2023, 02:24:54 PM
I think those who teach their children well will not be affected by this.
Usually a businessman will teach his children not to waste money, but to take advantage of existing facilities instead of spending money blindly, although not all teach them like that. Rich people actually always inherit their wealth to the next generation.
I agree, Businessman teach their children how to do some chores in their own wihout asking for help from some of their house mates. This kind of training are usually doing by a chinese businessman wherein they always tesch  their child how to save money and invest it at their young age,They didn't tolerate a child being spoiled so that they can get along other people as well as their own employee.
1106  Economy / Economics / Re: Inventing a job is better than finding a job on: November 30, 2023, 02:12:50 PM
I think for people who both want to start a business and work have something in common if they have never done it at all, let's take the example of those looking for work if they fail in their first job or don't pass the selection, they can still look for another job.
Meanwhile, if people who build businesses fail in their first attempt, not everyone can build the next business, especially those with minimal money, so from my point of view, people who create businesses will have a tougher struggle at the start.
Everyone has the right to build their own business but not all are capable to handle and to run a Business, even if you have a lot if money as your capital, you need to learn and to review it first if business is for you, That's why many people decided to find a job rather then inventing a job because everyone has a different path when it comes to managing and securing their future. As per my observation, running a business is more profitable than having a job but it depends in the overall status of your business.
1107  Economy / Economics / Re: Black Friday deals and your plan to hold bitcoins. on: November 30, 2023, 11:55:14 AM
Although Black Friday is commonly associated with sellers offering huge discounts to customers, is this really true?

Black Friday is an excellent time to buy only what you need, not what you want. The event's psychology is to give consumers greater purchasing power and encourage unnecessary spending.

For example, a lot of individuals or bitcoin holders may sell significant amounts of their cryptocurrency during this time because they wish to purchase items that will affect their investments. Black Friday deals can affect your plan to hold bitcoins, and as an investor, you have to be careful and be disciplined enough to control yourself.

Have you purchased any item during this time?, was it a need or a want?
Did you have to use some or a significant amount of your bitcoins?


When it comes to purchasing things, Isn't it better to save money months prior the black Friday sale rather than trying to get it from your investment? that's one of my way to budget my income because for me, if you really want to buy something you must get it from your savings unless there's an emergency. You have to be well disciplined when it comes to your finances in order to achieve the financial stability that you are looking for, always set a budget for your needs and wants so that you'll not able to use some of your investments.
1108  Economy / Gambling discussion / Re: Gambling are mainly for rich and lucky mind. on: November 30, 2023, 10:04:20 AM
I don’t think this is the right mindset for a gambler because to me everyone is lucky but maybe the days aren’t just the same and irrespective of your occupation, either gambling or not, what truly matters is that we have a tactics we are following and as a gambler, having our own strategy and also knowing when to stop is key and I also understand that gambling in most cases is luck base but I don’t agree that gambling is only for the rich and also I want to point out that gambling is risky and betting on odds isn’t even a safe way to stay profitable because on several occasions we’ve seen small odds losing games to bigger odds.


And also this is inappropriate to classify a person's ability base on their state of life, we didn't know the differences of their skills when it comes to gambling. As you can see, even those person who lacks in money still participating in gambling because it gives them a satisfaction and money as well. We must accept that every person has his or her own reason for doing something. Maybe they are playing to make money and the other one is playing just to enjoy and to relieve stress.
1109  Economy / Gambling discussion / Re: Can somebody make a successful career in gambling on: November 30, 2023, 09:47:33 AM
But if we look at what is been directly meant by the OP of the thread which is the referral of someone actually turning his gambling habit as a means of income then that is a totally different case all together.

As I have mentioned, a career in gambling cannot be achieved by everyone. I understand what the OP mean, about the possibility of making gambling a full time job. This is a very difficult thing, considering not every day we can win and get a lot of money. Playing cards, betting on sports, all of these can be options, but win is not always ours. Especially for those who choose to make slots their full time gambling, this will be even more difficult. Referrals are not a part of the OP mean, but I think this is the easiest for gamblers to choose. However, the factor of how he gets referrals and how much he gets will determine his income.

I can not believe that there will be someone who can successfully be successful through gambling, even if there is a person I think that person knows weaknesses and has a very good tricks in playing cards or skills -based games, or can also have the latest access to information about the match Dramatic balls or manipulated so that they can provide large benefits and have a small level of defeat. But still for me personally it is very difficult to believe it.

Even though we have a trick in playing slots to always get victory, it will be detected and considered a violation by the provider, and that day is last victory because the trick does not function and return to before, it will be difficult to get a victory back. I think there is no calculation of the probability of profits in playing slots, because house always have a way for a gambler who is far less than the one he won, let alone gamblers who have impulsive and compulsive nature.

I always think that there's a manipulation in some slots that's why a certain person can win multiple times but then again, this is just a hearsay. not proven and no evidences found and if ever this is true, there's a certain violation for that, maybe a person will be ban on that casino slots or other violation ground will be serve to a person. But sometimes I just realize that maybe they are totally lucky because even they placed a small bet, there's a high chance to win huge prize.
1110  Economy / Gambling discussion / Re: Request to learn gambling on: November 30, 2023, 09:32:47 AM

Her motive for making this kind of request is because she wants a second source that she can use to earn extra income. I explained what gambling truly is, and I discouraged her from learning how to gamble.


If truly she has a source of income, advise her to stick to it or look for another source of income that is not gambling because there is no guarantee with gambling to consistent profit as we all know.

I'm thinking probably you are telling her the potential of gambling in profit or you are profiting in gambling yourself. So maybe she is seeing something in you in terms of your finance and your standard of living which you have told her is from gambling and so she wants to start gambling too.

Some people know how to hype themselves to a level that others want to follow and they can redirect your focus to other aspects as the source of income whereas it is another source of income. So maybe you have made her believe you are profiting in gambling, so teach her how you have been profiting in your gambling  Grin

I agree with you, We all want to try and earn extra income so maybe Op's friend has an interest because she knows that it is possible to earn money on that and she saw it or learned it from OP that gambling is one of the things that help him to have extra income. If Op's friend really wants to earn money, much better if she will focus on finding other ways to earn money like business and freelancing rather than doing gambling.
1111  Economy / Gambling discussion / Re: Health Benefits of Gambling on: November 30, 2023, 09:22:13 AM
While it's true that some people find entertainment and a temporary escape through gambling, it's important to acknowledge the potential risks associated with this activity. Gambling can indeed lead to addiction, financial strain, and increased stress, particularly for those with limited income who may be more affected by the negative consequences of significant losses. While some people may experience short-term relief from loneliness or stress through gambling, the long-term effects can be detrimental.
yup! even it can deliver enjoyment to a person, the risk and side effects of it is clearly in there and if you didn't know how to prevent that kind of addiction, it will destroy your mental health. The joy and entertainment will leads to some tragic emotional effect to you so it's very crucial for a gambler to think twice and assess their self if they really want to pursue on gambling. anything has pros and cons and you need to balance it for your own sake.
1112  Local / Pamilihan / Re: Binance may issue na naman sa pinas! on: November 29, 2023, 08:04:19 PM
Is Binance even the one doing the selling of securities to people? Intermediary lang sila — tao rin lang ang nagbebenta sa kapwa tao ng cryptocurrencies.

As for ung announcement na to, sumakay lang naman ung gobyerno natin sa laban ng US SEC laban sa Binance lol kala mo naman may trinabaho talaga sila. Baka problemahin muna nila ung government platfoms nila na every few months e may database breach.

In short, parang nakikiride lang sa trend issue nag pinas sa ginawa ng SEC sa Binance, ika nga nila ay parang credit grabbing na hindi, alam mo yung ibig kung sabihin. Pero kung totoo man yung sinasabi nilang yan ay mayayari ang mga influencers na nagpopromote ng Binance na gumawa ng account sa kanilang mga mobile device.

Yun yung parang nakikita ko sa bagay na yan na sinasabi ng SEC Philippines, pero duda parin ako dyan sa sytle ng gobyerno natin, dahil ang pagkaalam ko ay bukas naman talaga ang bansa natin  sa Blockchain technology eh nangunguna ang Binance exchange sa merkado kaya malabong manyari yung iniisip ng iba dito sa totoo lang.
Ganyan ang nakikita ko sa ginagawa ng SEC and government ngayon, unahin muna sana nila yung mga problema ng sarili bansa bago yung mga ganitong bagay, ang hilig kasi nilang makisabay sa trend basta money related kahit wala naman talaga silang idea tungkol sa bagay na yan. para naman sa mga influencers na nag bibigay ng maling infornation tungkol sa binance, sana nag research muna sila ng maigi, hindi yung promote lng ng promote at hindi porket trending ang binance dahil sa nangyari kamakailan sa US ay makikisabay na agad.
1113  Economy / Gambling discussion / Re: Who says you can't be a millionaire in sports betting? on: November 29, 2023, 07:55:11 PM
I just saw this betslip shared by someone on social media and he was bragging that he turn his builder bet to Php 1 million pesos or equivalent to over $18k.

The bet is only Php 1k or ($18)... see the bet slip below. (check the outcome to see the winning).... Smiley



ccto

So you see, those who are preaching that you can't win in gambling, this is for you!

You don't win if you don't try, this gambler for sure kept trying on playing "bet builder", probably even on "parlay", and finally one day he made himself a millionaire. This is a significant success already as not everyone can win a huge amount in gambling, considering the bet was only less than $20.

What can you say about this? Are you willing to risk your $18 to win $18k, or a million in PHP pesos?

I agree that sports betting can turn you into a millionaire since I saw one of my facebook friend who joined in sports betting and He won 6digits like 300k pesos or around $5.4k by betting $20 for the first time. I dont know if it's true that it's his first time doing it but I saw the screenshot of his online betting since he posted it on his feed and many people commented and congratulating him because he's so lucky to win huge prize for a first timer who's only using a small bet. I also read in the comment reply that He is going to use again the money he got to place large bet so there's a chance of higher winning prize if he wins on his next try. This is one of the benefits he got from being a risk taker.
1114  Economy / Gambling discussion / Re: Sometimes betting is just ridiculous. Sometimes it is complete nonsense. on: November 29, 2023, 07:42:53 PM
I was surfing on the Instagram and found this:


(source: https://www.instagram.com/reel/CyzDDHfOU0c/?igshid=ZDE1MWVjZGVmZQ==)

I understand that this is fake and was made for a joke. But some people dont know what jokes should be ended or are inappropriate... However, since some casinos have "special" section in sports betting (why this is in sports betting anyway?), and allow to place bets on election outcome, or on Oscar winner, or on music event like Eurovision, I would not be much surprised that in 5 or 10 years we would really have such absurd betting options. And most important what scares me, that casinos will hide behind "there is a demand on such betting" and there really be people who will find this demanding.
I think this is edited? The images is not that clear tho. Betting who is winning in a war is completely ridiculous and insane, you know? there's a lot of lives taken and those kids who doesnt know anything and innocent are suffering to their country. It is very inappropriate to make fun of this as you know that this is a serious matter and it can affect other countries too. What is happening to the world? seems like were living in a cruel world. I understand that It's all about making money, that this is how casino business works but life shouldn't revolve around money, we still have something called Humanity.
1115  Economy / Gambling discussion / Re: Never gamble in front of your kids. on: November 29, 2023, 07:31:05 PM

Now, compare your behavior with your parents' different behavior. There must be differences, whether it's worse or better... the key point is the differences in your attitudes (between the child and the parent). Even though no one guarantees this possibility, gambling in front of kids is still not a positive idea. Don't you have a better goal than doing that in front of your child? There are plenty of other more beneficial activities, like putting together a puzzle or maybe assembling a bike.

At a start in the life of kids, they need to learn things that are positive first and when they get to certain age they socialize themselves into other things but by then they are already knowledgeable on the good ones and when they meet the other side, they know what choice to make, instead having the negative side as the only avenue to learning.

Some fathers gamble and smoke in the presence of the children and that gives the children the impression that it is okay to do that. I believe even in countries where gambling is legal, there is still age limit to start gambling so they don't need to learn it earlier than the age because they will tend to start gambling earlier when they have not mentally mature for it and can gamble away their school fees.

In addition, with today's technology where most people cannot be far from the gadgets they own so gambling advertises all over the internet and this also makes it easier for them to find out about gambling if they can already socialize with many people, also when they grow up they have the right to choose something that they think is good for themselves, even with gambling which is not a good thing they can just do it because they follow the current technological developments. They will also do it and try their luck because of curiosity, curiosity in adult children is very large, there are many things they want to know so they will do what they want.
With the development of technology at this time, gambling can be done by anyone regardless of age, unlike gambling in casinos which of course has rules against age limits, but online gambling does not require that, parental supervision of their children will disappear when they grow up because they will have their own thoughts and decide everything around them.
The more parents keep their gambling habit a secret the more  we hear stories like I started playing bet at an early age, so in conclusion some children who are into gambling today learnt it online, we can't protect and guard our kids forever and the use of cell phones are common now, every little child wants to own a cell phone, people nowadays no longer hide their gambling habit online they love showcasing their betting skill and any child that lacks proper home training can adopt the habit to gamble.
I don't know if this is common but anytime am with my phone and I enter any social app I will always see random videos  adverting betting platform, one thing with betting platform they have the best and smart move to advertise their platform even in skit videos I see comedians advertising betting platform.
So keeping our gambling life a secret from our kids that's not enough, but training them and setting a right example for them will be better, educating them about the consequence of playing bet just like what the op did.

That's how marketing ads affects some.people most especially those kids who are into social media. Kid's nowadays are very curious to try everything they see especially if the ads is very catchy with their claims of winning huge prize once you try it, Even some adults can fall into that .Since we're living with this modern technology, It is kinda hard to keep track their activities via phone so parents should know what will be the alternative ways to prevent their kids doing it. Even if a parents is doing well on hiding their gambling activity, their kids can get it from other people especially from those they see on social media so It's better to explain them about it and advice them that gambling is not for kids.


1116  Economy / Gambling discussion / Re: Platforms Where You Get The Same Level Of Enjoyment Like You Do In Gambling on: November 29, 2023, 06:40:02 PM
Well, it's a good thing that you are devoting your attention to something like a habit to avoid gambling. It's a good practice and also a good indication that you guys who choose to do other things than play gambling and waste money only show that you have self-control and self-awareness.

For me, gambling is only a hobby. I once experienced being addicted, but it didn't last long as I diverted my attention to something else, something like earning money or something that would entertain me, like playing games or watching movies. In short, I balance my hobbies, including gambling. I always keep in mind that I should not overdo any of my hobbies, especially gambling, so you don't have to stop it completely if you can't or you are really fond of gambling; you just have to balance it and also limit your spending; spend only the money that you can afford to lose.
"Like a habit ". But I think gambling can also be a habit. It only depends on the person though if their gambling habit is bad or good. If it is bad, obviously we should quit on it and find something else better. Most of us still has a self-control and awareness. It's just that it works hard on some other things. Anyways, it was great to know that you have overcome your gambling problem. And thanks for dropping a good tip there.

I agree that stopping it is completely hard and painful. This is why I kept on re-enabling my browser and installing my apps again, but this time I am trying hard to control myself. I make sure to allocate more time and money now on more important things.
It can also be a Habit and we know that but due to it's negative effect to some person that's why I prefer to call it as an obsession, most especially that it requires monetary value to go along with other players. You're right, It's quite difficult to overcome this obsession to the point that you need to seek medical help and worst case is being in a rehabilitation and If you know how to control yourself and you are aware of what will be the affect of this to you, then you are indeed a responsible gambler.
1117  Economy / Gambling discussion / Re: Why the rich win gambling more than the poor. on: November 29, 2023, 10:43:40 AM
I have observed that the rich, I mean those who are financially comfortable, win more in gambling than the poor.
You have to prove that because there's no data that you can prove this is correct, not because you are rich you are guaranteed to win even if you have a huge bankroll in the casino are a game of chance or luck and it will not pick or choose gambler to win, the casino house edge has no specific classification of people you'll win if you're lucky regardless if you're poor or lose.

Quote
By poor, I mean those who do not have enough to meet all their needs. I don't know the reason for this. Could it be that the rich understand financial management more? Or could it be that the rich are less desperate to win which make them make better gambling decision? I really want to know the reason for this pattern I have observed.

I am not rich but I do win from time to time and I have a poor friend who I consider so lucky because he won many times in horse racing so now he is not poor nor rich but he is proof that rich or poor your chances are all the same, no category in life has a monopoly when it comes to gambling.

It depends to our own observations but you already answered your own questions, mate. As you can see, those "some" rich people are not chasing winning since gambling is a part of their leisures and they gamble in a less stress manner which helps them to think and to analyze better. Seeing rich people's reaction when they are losing their bets are so casual and normal. You have a point that rich and poor are all the same when it comes to chances of winning, , Sometimes those middle class person tends to win more than the upper class,  but those lower/middle class person are usually developing a signs of a person who's addicted in gambling. Though, there will be small changes when it comes to the bank rolls of a gambler because there is a saying that the bigger your bank roll, the bigger your money and chances of winning will be.
1118  Economy / Gambling discussion / Re: Request to learn gambling on: November 29, 2023, 10:21:33 AM
Well, this is another serious matter, and I had to discourage her.

It's about an old female friend who posted me just about two days ago; her request was for me to teach her how to gamble at any easy casino that she will understand so quickly and make money. Her motive for making this kind of request is because she wants a second source that she can use to earn extra income. I explained what gambling truly is, and I discouraged her from learning how to gamble.

Now, there's a simple question that I want to ask: do you guys think I should introduce her to gambling? If yes, what's the easiest game she can stake in and also enjoy while gambling?
As you've said, your friend wants you to teach her how to gamble and the main reason is she wants to generate other sources of income which is for me, if you really want to earn additional income, gambling is not adviseable due to some possible negative outcome that may happen. You did the right thing that you explain what is the true essense of gambling in a person's life and I think, you didn't discourage her from the start because you already told everything about gambling to her so that she could have an idea about it. It's just that, you dont want her to become addicted in gambling and instead of gaining extra income, possible that she will lose in gambling and worst is being in debt.

If you are really concern to your friend and you are willing to help her, you can introduce her in some other ventures like doing business and submit for a part time job instead of teaching her how to gamble. Gambling should not considered as income.
1119  Economy / Economics / Re: How do you work toward hodling bitcoin? on: November 29, 2023, 10:07:06 AM
When planning to hodl bitcoin it is important for one to be able to provide a source of income for provision and to solve problems,  if source of income is not available it is impossible to hodl bitcoin because when their is problem it only the investment people will look on to to get money to solve problems and at the end of it, it will be impossible for hodling Bitcoin to take place. When their is source of income one won't even have the time to depend on the investment.
Indeed, at least people who invest must have loose funds so that these funds can settle for years, until they can finally be withdrawn when they have doubled in the future. Most people want to get instant results and that is clearly not possible in the current situation. on the other hand, we must have knowledge about what we are investing in, remembering that without knowledge we will definitely get lost, luck will not come again and again.
before you invest in anything, Ask yourself first if you are willing to invest for short term or long term, If you choose the latter then you should know everything about it, from the history and its potential because you had to put your trust and money to invest. Always remember that there's no easy money and if you want to get instant result in investment which is too good to be true then you have to prepare for the possible consequences of the things that you want to happen.
1120  Economy / Economics / Re: Teaching My Nephews About Wealth Through the Game of Monopoly on: November 28, 2023, 11:48:22 AM

I don’t know if you’ve done this already, but this is one of the things everybody needs to do for their kids. Just in the name of playing games, you can teach them a lot about business, money management, luck/the unexpected events that happen in life, investments, etc. This is super important and will definitely help the kids learn to do certain things around finance. So just start the game with them, tell them the rules, etc. as you play, one day, you’ll see how the game can positively influence their thinking, approach, and even decision.

I agree, Teaching kids this kind of game is much better than spending their time using their mobile phones and watching nonsense videos. it will help them to know how the real society works nowadays, Also this kind of game will help a kid to boost their confidence, they can acquire firm decision making skills and learning how to spend wisely to avoid debt in the future. It also provides a great way for the whole family members to have their bonding and focus on the same thing while playing it, In that way, it will serves as a common ground to bridge the generational gaps. Monopoly game can be your stress reliever since it is fun to play.
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