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1  Economy / Economics / Re: How much food can you store for survival?3 on: July 18, 2023, 02:03:23 AM
The level of food we needed in life is unlimited I think because we need enough in our daily lives
When there is sufficient of food we are okay and we feel alive but when it gets exhausted I think there is a problem
The only estimation your can give on food is the meal that can make up your day neglecting the next day because surely you must eat
It is advisable to store as much as available food because it is a source of energy

Yes you are right because as day goes by our need increases we need enough food to survive that's why people work 24/7 in other to provide for their various families.
Most time we misunderstand the main reason why we work all day, the only reason I can see is to afford food and other items needed for our personal hygiene
Working all day is not the ideal job and for me it's important to keep a balance,
indeed we need money to make ends meet but if we work like 24/7 it might create new problems such as experiencing body pain or something else,
it is also important to manage our work.
2  Alternate cryptocurrencies / Speculation (Altcoins) / Re: AI Coins Speculation on: July 18, 2023, 12:56:22 AM
In the crypto market most altcoins will go through periods of inflating and falling prices. AI coin is no exception. It is possible that your view on AI coin is still potential and may be overblown in the future. Each person has his or her own opinion and investment plan. Although artificial intelligence technology is developing strongly and has the potential for growth in the future. But that also only assesses the success and future of a coin. It cannot be confirmed that it will be a new trend in the future and will bring a return on investment.
This all again depends on how the development of the AI coin will be,
some hoped it would become a trend in the future and some saw it as a failed project,
to make it clearer, let's follow every development.
3  Economy / Trading Discussion / Re: Holding could be better on: July 15, 2023, 07:55:43 AM
Newbie traders should know that they should use the amount of money they can afford to lose to trade.

We can see bitcoin at its low price, instead of some people to just DCA and accumulate, they may prefer to trade, I will advice you not to lose the coming opportunity as some people might lost in the last bull run. Some people are believing that there will be no bull run again in a 4 year cycle, I am not still one of that people, I believe we are still going another round again.

If you know that you are trading and losing your money, it is better to think about this twice or three time or more before making the wrong decision that you will later blame yourself for. We are in accumulation period, try and hold and accumulate.

My advice to traders that are losing is to still continue to trade, but using just 20% while 80% should go into holding. What do you people think about this? Out of 100% fund, what percentage can you advice a trader to use?
Bitcoin price is very low right now. I think it is high time to buy bitcoin. If anyone want to invest on bitcoin that will be profitable there has no doubt. If you think it is risky then you can do DCA it is best policy for long time investment. And i like your advice to invest we will use 20% of our fund. And 80% for holding. It is great policy. I am also agree with your thinking. I also think all fund shouldnít use for trading. Some fund should trade and some fund should hold is best policy.
That's how it should be because when funds are not managed properly, it will end badly too,
using all the funds to trade then it is very risky because the possibility of losing money is very large and in the end you have nothing,
Bitcoin for long term investment is very feasible and no need to think twice about investing in Bitcoin.
Things like that really need to be considered too because money is managed properly then the results will be good too,
trading itself is full of risks so when we use all the available funds for trading it is clear that the risk is big,
for long term investment top coin is still a viable and safer choice.
4  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH vs BTC future growth potential on: July 15, 2023, 03:43:35 AM
You brought out Ethereum's plan to reduce production, and you're right that this makes the prospect of Ethereum's future growth all the more alluring. Whats holding you back from investing more heavily in Ethereum, though? Isnt it fascinating to discover new places? Its reasonable to proceed with caution, yet rational people cant completely shut out the exciting possibilities presented by the cutting edge.

That's because Ethereum isn't new and already made their biggest hike. I would prefer new coins to invest if I add to my portfolio for that quota. When you look at growth potential, new projects such as Arbitrum, Optimism and Aptos come to my mind. Not that they are better than Bitcoin or Ethereum but they have more potential profit wise.
New projects like Arbitrum are definitely worth considering and I see it has potential,
that's for sure if you compare it to Bitcoin or Ethereum it's nothing,
the most important thing is to keep doing your research because not all new coins are worth investing in.
5  Economy / Economics / Re: The cost of living is trying to kill the living on: July 14, 2023, 05:56:08 AM
Cost of living have the direct impact over the middle class and the lower middle class people. Everything have risen, governments could atleast take action to keep the food prices under control. This could help in overcoming a major issue. Due to the rise in the price of food, people have reduced their food intake and some have reduced the meals per day. This is really hard and they don't have choice. It is the government that needs to understand what needs the priority and do it.
That's what the government has to do and I hope they really make the right policy,
it will be difficult for sure with the increasing cost of living but the salary is still the same,
as long as the policy is right, food prices will be suppressed and controlled.
6  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Want to invest on: July 14, 2023, 03:41:36 AM
If you have time to wait for good profits, you can invest in time-tested projects. Altcoins are at the bottom right now, and you don't have to do much research, just choose live projects that have done well in the past. Patience is the key, the main thing is not to hesitate.
thats true some of the project at the top are already good enough and rather undervalued I think it will be good investments.
some people might hesitate investing in altcoin and thats fine after all the risk carried is high but of course the profit also high but then again some people just couldnt afford to lose their savings.
If someone will go to make invest with random altcoins then it will might be high risk but i think top altcoins will not be such risk, because those are surviving in the market for the last few years, such as i bought MATIC at 0.78$ then after days itís was dumped 0.58$ itís happened for SEC issue but i was very confident because itís a MATIC, and today i see itís price recovered even with profits.
Yes investing in top altcoins is still a good and profitable option,
we can see now the market is back up and the price of Matic and other coins are also up,
for sure this is good news.
7  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ARPA will reach its ATH price? on: July 13, 2023, 03:43:21 PM
It depends on how the market moves because looking at it in its current state I don't see that happening,
need to think realistically so as not to expect too much,
the most important thing just follow the development of the market and hope there will be good news.
Why do you think isn't realistic for ARPA to reach the new ATH in this year? I guess we are in a good trend and the mainnet of ARPA will release very soon and dont forget this coin so many surprise in one day the coin can rise drastically and it already happen so many times.
Maybe the point is that in crypto sometimes there are things that happen unexpectedly,
but indeed so far ARPA is experiencing a good trend and if this condition continues then reaching a new ATH is not impossible,
let's just follow its development and hopefully there will be good things in the future.
8  Economy / Economics / Re: Fast Transportation Makes Economic Turnover Faster on: July 13, 2023, 09:57:58 AM
It can be said that the most important thing after production is transportation, with good infrastructure the production results will be easily distributed to customers so that the price difference is not big, and my country is now actively creating infrastructure to support a faster distribution process.
Investment in infrastructure really has a huge impact on the economy,
I think nowadays we are increasingly aware that infrastructure is also a very important part,
with smooth distribution, there will not be a scarcity of goods and prices will not increase either.
9  Economy / Trading Discussion / Re: The price dropping, any reason the huge dump? on: July 13, 2023, 05:58:12 AM
The reason for the happening is only due to the market conditions and current news also play some time huge role in the dump of the market.When the market start to dump,donít sell the holding with the lower price.Better hold it for the longer run.The market which has power and potential to grow and back to the normal level.The new expected value of the bitcoin is 32k$,itís essential to hold the valuable assets at the dump.Then it gives huge profits to earn at the needed time.
That's why we also need to remain calm in the face of such market conditions,
making rash decisions will only make you lose,
no need to worry because after all the market will return to normal but still we have to be patient because we never know how long it will take to return to normal.
10  Alternate cryptocurrencies / Altcoin Discussion / Re: look, look, what's this on: July 13, 2023, 02:48:53 AM
Some people say that the network signal is not good when you are away from home. If there are currencies that are traded offline, that would be great, and maybe there will be large-scale application scenarios for digital currencies! What do you think?
A diigital currency that is offline? I don't think that will ever happen maybe not these days yet considering a lot that's being built are online and internet is only accessible online. Sure that will be good in the long run as it may reduce consumption and energy but aren't we are innovating most of our technology online now?
That's why I don't think it will happen and it's quite confusing with an offline digital currency system,
I think to run it requires internet,
the development of internet technology is truly extraordinary at this time and of course this will continue too.
11  Alternate cryptocurrencies / Altcoin Discussion / Re: The best altcoin to look out for on: July 12, 2023, 06:56:30 PM
Undoubtedly ETH is the one I am looking out for because of many Dapps, interoperability and the pioneer of all smart contracts.

To me, this is the best long term altcoin up to date and worth to DCA (dollar-cost averaging) while Bitcoin is still the king.

Other altcoins than ETH they are just good for either short or mid-term investments.
I think when talking Ethereum no one doubts it and this is the best altcoin,
for long-term investment Ethereum is indeed one of the best options because it is feasible and safe,
it's clear that it will be profitable.
12  Economy / Trading Discussion / Re: Bitcoin trading and gambling on: July 12, 2023, 07:57:39 AM
So having made all this comparisons, do you think that bitcoin can be classified as gambling?
This is an already aged discussion which really at first, it's quite confusing for some people.
There are lot of kinds of gambling which for me gambling really acquired huge percentage on "luck" some could be skills (depends on what gambling)
While on trading, I can see the huge percentage here is skills and somehow on the other part, there's luck here but a very small percentage.

So for me, trading and gambling are far different from each other. Because trading is not only for luck.
I agree with your explanation about trading and gambling,
in gambling it relies more on luck and we cannot expect success in gambling so it is the same as wasting our precious time and wasting money,
here the ones who will continue to profit are the bookies so I really avoid gambling.
13  Economy / Economics / Re: Ignore this Classic Business Law or Follow Your Instincts? on: July 12, 2023, 06:55:58 AM
So a balance must be reached, most of the time we need to avoid investing in assets we do not understand, however if we see that a particular asset has tremendous potential then we can take the risk and invest in it, even if we do not fully understand it, as this could be the opportunity that we have been looking for to obtain massive profits.

Yes Indeed It must be balanced

After all nowadays looking for information is easy. and learn about investment is everywhere literally everywhere from social media like youtube Instagram or TikTok to blog post and book the information is public or we can pay an expert to take an investment lesson.

Or just like me invest in both way  Grin classic investment like stock and mutual fund and modern investment like cryptocurrency
With the internet we can find and access information more easily,
it's just how we really want to learn or not because it all depends on ourselves,
there are many platforms that we can use so there is no excuse.
14  Alternate cryptocurrencies / Speculation (Altcoins) / Re: New best altcoin on: July 12, 2023, 04:07:31 AM
There will be a new pump of the Dicoin coin coming soon.  Sold on PancakeSwap here is the contract 0x2ca0583e47996655a2f016da0bb5dc647d9ff639 Binance smart chain network.  While the offer is limited to only 1 billion coins, 450 million of them will be irrevocably burned.  There is also crowdfunding liquidity for Dicoin on, here is the contract 0x2ca0583e47996655a2f016da0bb5dc647d9ff639.  Coins will make 1000x

I personally not interested to investing in new altcoin, because it is very risky, unless the altcoin is already listed on a major exchange, therefore my advice is if you are already making a profit, so it is better for you to take profit of at least 80%, because it is better to invest in old altcoin which do have a small risk, such as Ethereum, Binance, Ripple, Matic and ADA.
It's riskier indeed to invest in new altcoins but the profit will be bigger too,
although it still needs further consideration before deciding that,
The old altcoin as you mentioned has strong fundamentals and there is no need to doubt it for investment.
well sometimes its just 1 out of 100 new coins generated that gonna gain success, just imagine investing in all of them you'd wasted 99 times of your investment and only gaining profit that 1 times, which hardly outweight the other. the thing with investing with altcoin that not even got listed in some exchange is that its pure gamble with little odds.
Things like that we have to think about and consider because if not we will only waste time and waste money,
this kind of thing would be very unfortunate if it happened,
I would prefer investing in top coins which is no doubt than investing in new altcoins.
However this all depends on each person's preference and that is normal,
investing in top coins is lower risk and it is proven,
even so, usually new altcoins can generate greater profits with greater risk as well.
15  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Aptos speculation on: July 11, 2023, 03:56:09 PM
This coin keep rising a lil bit higher every single month, if we looked into the graph the price of aptos keep rising since june 2023 - untill now and there will be so many big news in the end of this year so i'm very bullish with aptos to reach atleast x2 from the current price before the end of this year.
Indeed, the coin is trending up and if this condition continues to persist, of course it will be an extraordinary achievement,
especially if there is a lot of good news then it affects the price movement,
Let's just follow its development and I hope Aptos has a good future.
16  Economy / Economics / Re: How to increase capital investment on: July 11, 2023, 09:34:53 AM
I think the easiest thing to increase capital is to sell the assets that we have, don't be afraid to sell assets because everything will be able to return when we get a profit, as long as we want to try and think positively then we will find a way out or a solution.

selling assset means that you are ending the way from which you earn money which is not a good idea and one more thing is that if you are selling your asset and that time the price is not appreciable then you will face loss which is also not a good idea. There are numerous individuals who perform their jobs as well as also engaged in online businesses which requires your hard work.

Instead of selling your asset try to get income through another source and start to do dual jobs so it will be better for you to save your asset for future, making a way of earning and get rid of taking loan from others. Instead of finishing the way of earning you have to create multiple ways of earning so therefore your life will be happy.
Selling assets for investment is the worst idea I have ever seen, many people are trying to increase their income and buy as many assets as possible while we are trying to sell them. OP's question is a bit confusing to me, it's like, how can we make more money? If we want to make more money besides working hard, I don't think there is a second way. Only when we work hard, earn extra income, and use that money to invest will our wealth increase.

I can only remember that selling assets would be the last resort if the company was going bankrupt just to save it. Selling assets should be the last resort in an emergency, but I have never sold them for other reasons. Probably the OP sold them because he saw a positive outcome on his business, which is why he added more money or capital to them when they sold their properties. I am not sure if this is a good move, but it is very risky, though still doable when we are risk takers.
In the end, deciding to sell the exact asset requires careful consideration,
because making a decision is not easy and as you said it should be the last option,
What is clear again is that it depends on each individual's decision.
17  Economy / Trading Discussion / Re: Trade with caution on: July 11, 2023, 07:22:50 AM
Quote from: Riginac111
3rd, Being careless to know when due to withdraw without being greed
4rd, ability to notice that greediness can be a barrier of losing the profit you made.

Know when to trade your Bitcoin are very important as a trader, because it can help you to experience some positive changes in you profits if you will be able to notice some signs that involve when the price is high in the market. And it will be profitable if you as a trader can understand when to buy and hold before trading because if you buy when the price is high in the market, it will not allow you to make a good profits, because you didn't buy when the price is low in the market which is very important to every cryptocurrency traders to learn in the community. Don't continue holding when it's time to trade and make a passive profits because it can lead you to regret in future which is not advisable as a newbies.
Basically trading is so complicated because there are many things that need attention,
trading coins is not random and we have to know when to buy and sell,
With the crypto market that has high volatility, that's what makes us profit, but there will always be risks.
18  Alternate cryptocurrencies / Altcoin Discussion / Re: We are about to enter altcoin season, what do you think? on: July 11, 2023, 12:09:02 AM
From the historical chart and  according to recent observations, the onset of Altcoin season appears to coincide with the stabilization of Bitcoin prices. As Bitcoin's volatility decreases, traders are seemingly turning towards accumulating altcoins, indicating that we may be on the cusp of an Altcoin season.

What is your thoughts? Are you agree with the point?

I think we are still far from the altseason, because the altseason occurs when Bitcoin price has almost reached its ATH price or after creating a new ATH price, but for now the market is undergoing a correction, so I don't think the altseason will happen in the near future, but I'm still hope that the altseason will occur in late 2023 or early 2024 at the time of Bitcoin halving.
With the current conditions I think it's better for us to see it realistically,
because expecting too high will usually make you disappointed,
of course hope that can happen in the near future but this all depends on many factors and just follow the market developments.
19  Economy / Economics / Re: Why do people stay poor? on: July 08, 2023, 10:25:26 AM
There are some people who actually spend the entire amount of money in their hands on their household and other unnecessary activities. They waste money on things they don't need and run out of money. Which in one word is called wastage. All these people do not know how to use their money. They don't think about the future. And they continue to waste their money. And because of these reasons some people remain poor.
One of the reasons is indeed as if conveyed in your writing. namely being extravagant or not being good at saving or in another sense is because you can't manage your finances properly. But another thing that makes it difficult for poor people to leave poverty is because they find it difficult to build relationships, they are belittled and sometimes their skills are not really appreciated. and yes there are many other reasons that have been discussed in this thread at length.
What is certain is that poverty is not a simple problem, it is a very structural problem,
that's why the poor will find it difficult to get out of this condition,
regardless of anything poverty will always be there.
20  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is Cardano still a good investment? on: July 08, 2023, 02:59:25 AM
yes, ADA is a good investment, because ADA in the top 10 on coinmarketcap, so that proves if ADA is still popular and the current ADA price is $0.284 while the ATH price is $3.09, so if you invest in ADA at this time and the market start to increase again (bullrun) in the near future, then of course you will get a lot of profit, because I'm sure if a bullrun occurs, then the price of ADA will reach its ATH price or even a new ATH.
Yes regardless I still see ADA as a potential coin,
for long term investment it looks like it will be profitable and the important thing is to be patient waiting for the right time to sell it,
let's hope that when the ADA bullrun will reach a new ATH and we'll see.
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