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Author Topic: Advice for the season.  (Read 797 times)
pinggoki
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December 25, 2021, 05:19:21 AM
 #81

It's like the habit of people to celebrate their special day with loved ones. And usually, they will do a lot of things to create an unforgettable moment.
And it's certainly not just about money. Everyone is certainly in a certain financial condition and I am sure that each of them has measured their needs and expenses at the end of this year.
But I agree that we shouldn't spend more than we really can afford. Money management is very important, especially in this pandemic era.
Totally agree, it's just that the tradition is a bit difficult to change even if there's a lot of advice, we can't simply throw away the tradition of spending unless you've grown up in a place that doesn't celebrate then probably you might be able to resist the expense this season.

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December 25, 2021, 08:34:41 AM
 #82

When you have a certain amount of crypto that you keep in your wallet, then you should consider selling it when you really need the money. I will never give out a loan when I have crypto that I can sell anytime when I need money, so supposedly having some crypto in the wallet will be able to help us get money when we need it.

You shouldn't hold yourself back too hard when you need something, so some of the crypto you keep will help you meet that need. Selling some or selling all of them is an option, but when you have to make a loan while you have crypto in your wallet, I don't think it makes sense.

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December 25, 2021, 03:02:14 PM
 #83

all i can say in the coming season is I hope not to leave the house too much because now the weather is difficult we also need to be careful who wants to buy and hopefully bitcoin will remain high and hopefully in the coming seasons many changes will happen in the market price and crypto  currency and it would not be difficult to get merit and hopefully get merit
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December 26, 2021, 12:24:40 PM
 #84

Very timely advice just that most persons would read them but wouldn't settle for what has been said here.
It's very know that this is a season where people spend unwisely without 2nd thoughts but but that shouldn't be heard of any investor because as an investor, they're levels to the things we should be capable of doing and spending on frivolities without thinking twice is one of the things we shouldn't be caught doing.

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December 27, 2021, 12:58:21 AM
 #85

As I see everything, I think it is better to put the money that you want to save in a bank to put it in BTC, it does not matter if the price falls or rises, the important thing is that you can trust the safest asset, action or currency that is BTC, depending on how the banks are doing, FIAT money and everything that has to do with BTC is much more attractive than putting money in a bank when there is so much rumor of a possible market crash, in my case I don't trust banks, much less In governments, I trust crypto more.

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December 28, 2021, 09:03:19 PM
 #86

Very timely advice just that most persons would read them but wouldn't settle for what has been said here.
It's very know that this is a season where people spend unwisely without 2nd thoughts but but that shouldn't be heard of any investor because as an investor, they're levels to the things we should be capable of doing and spending on frivolities without thinking twice is one of the things we shouldn't be caught doing.
People get carried away during this season, now this does not mean that we should not buy gifts for our loved ones but people simply buy too much for too many people to the point that when the new year comes they have no money available at all and they have to go into debt to pay for their bills, and this is not the correct way to manage our finances, after all while giving and receiving gifts is nice there is nothing like having no worries at all because you have no debts and you have enough money to pay for your bills.
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December 28, 2021, 09:28:42 PM
 #87

Very timely advice just that most persons would read them but wouldn't settle for what has been said here.
It's very know that this is a season where people spend unwisely without 2nd thoughts but but that shouldn't be heard of any investor because as an investor, they're levels to the things we should be capable of doing and spending on frivolities without thinking twice is one of the things we shouldn't be caught doing.
People get carried away during this season, now this does not mean that we should not buy gifts for our loved ones but people simply buy too much for too many people to the point that when the new year comes they have no money available at all and they have to go into debt to pay for their bills, and this is not the correct way to manage our finances, after all while giving and receiving gifts is nice there is nothing like having no worries at all because you have no debts and you have enough money to pay for your bills.
It would be totally such dumb thing if you do consider out on taking a loan or would spend up your savings or emergency funds just to show that you are extravagant when it comes to gifts
like this and like that.

Don't try to impress out people around and make yourself that rich even if you do know that your money wont really be enough on doing so, so its better to be
real rather than on showing something which isn't not right.

R


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December 30, 2021, 07:40:07 PM
 #88

Very timely advice just that most persons would read them but wouldn't settle for what has been said here.
It's very know that this is a season where people spend unwisely without 2nd thoughts but but that shouldn't be heard of any investor because as an investor, they're levels to the things we should be capable of doing and spending on frivolities without thinking twice is one of the things we shouldn't be caught doing.

It's a season where many share love and that shouldn't stop anyone one from doing what they love best, beside one cannot work in the whole 365 days and not enjoy his fruitful investment, it's one thing to invest and is another to used them when you need them. I can't invest the whole my life, there is time to be serious, time to work, time to do family and there should be tlme to enjoy all the aforementioned.
Life is easy but sometimes, we make it hard, after all we will live them behind.

.
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December 30, 2021, 10:06:01 PM
 #89

Very timely advice just that most persons would read them but wouldn't settle for what has been said here.
It's very know that this is a season where people spend unwisely without 2nd thoughts but but that shouldn't be heard of any investor because as an investor, they're levels to the things we should be capable of doing and spending on frivolities without thinking twice is one of the things we shouldn't be caught doing.
People get carried away during this season, now this does not mean that we should not buy gifts for our loved ones but people simply buy too much for too many people to the point that when the new year comes they have no money available at all and they have to go into debt to pay for their bills, and this is not the correct way to manage our finances, after all while giving and receiving gifts is nice there is nothing like having no worries at all because you have no debts and you have enough money to pay for your bills.
It would be totally such dumb thing if you do consider out on taking a loan or would spend up your savings or emergency funds just to show that you are extravagant when it comes to gifts
like this and like that.

Don't try to impress out people around and make yourself that rich even if you do know that your money wont really be enough on doing so, so its better to be
real rather than on showing something which isn't not right.
Exactly, I agree with what you say.
Even though this is a blessed month it doesn't mean you have to force yourself to give gifts as this is a bad thing to do.
be reasonable and give according to your ability, do not do things in vain to impress others that will make you regret later.

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Kelvinid
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December 30, 2021, 11:04:39 PM
 #90

Very timely advice just that most persons would read them but wouldn't settle for what has been said here.
It's very know that this is a season where people spend unwisely without 2nd thoughts but but that shouldn't be heard of any investor because as an investor, they're levels to the things we should be capable of doing and spending on frivolities without thinking twice is one of the things we shouldn't be caught doing.

It's a season where many share love and that shouldn't stop anyone one from doing what they love best, beside one cannot work in the whole 365 days and not enjoy his fruitful investment, it's one thing to invest and is another to used them when you need them. I can't invest the whole my life, there is time to be serious, time to work, time to do family and there should be tlme to enjoy all the aforementioned.
Life is easy but sometimes, we make it hard, after all we will live them behind.
That is we have been practicing since before, we usually giving gifts to our friends and relatives, and even give to others as we shared our blessings and love. And for me, it wasn't a problem as long as we still have the money left for us and did not compromise our finances. It is all about sharing, and the more we do this, the more blessings to come back, at least I have this belief and I keep this one till forever.

Perhaps, we can bring these things for our whole life, at least if ever we die, these people can even remember our good deeds and can make them as a mirror as well.
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December 31, 2021, 01:01:27 AM
 #91

For me it's important to not compromise the investment in bitcoin with seasonal events, but there is no problem in cashing out the profit made from this investment to fiat from times to times in order to buy gifts, give financial support to people around or to just have access to some miscellaneous goods for yourself.

Money's purpose is to serve us and in my opinion there isn't a better usage for it than a plentiful Christmas or New Year's banquet with people you enjoy to be together. If you have money for that, I'm sure it will be a very wisely spent money!


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December 31, 2021, 03:27:43 AM
 #92

I had a few of my coworkers sell their stack over the holiday because of what their family was saying while they were back home.

I wonder how many others sold their stack because they are too busy worrying what other people think. This also made me greatful that I have the open-minded family that I do. There were many discussion about bitcoin at my dinner table this holiday.

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January 02, 2022, 05:24:10 PM
 #93

Don't bend to societal pressure of overspending during this festive season, make serious plans for the celebrations and the coming year, Don't fall into the trap or bend to the pressure of selling off a percentage of your cryptos to spend this festive season, a new year is coming. January is usually a long month that carries along a lot of expenses, make plans and preparations now for tomorrow, spend wisely today.

This is good advice especially for those who are spending too much every holiday season without thinking about the possible things that might happen in the future. Instead of spending, it would be better to save and invest so we'll have something to gain by the middle or the end of the year. It's fine to have a bountiful celebration but we should also know our limits.
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January 02, 2022, 06:12:21 PM
 #94

As said in the opening post January month will used to be long than other months. This is all because of the new year and dawn. Once January comes to end we can feel Q1 of the year have got over. Taking into mind the growth of cryptocurrency market and the need for a better life it is a must to sacrifice certain things that give short term happiness. This is true, more we limit and schedule the expenses better will be the financial progress in our life. People following this will surely find a difference end of this new year.

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January 03, 2022, 11:13:32 AM
 #95

Preparing for the new year is the best option. You can't see the financial challenges that is coming in the new year. It is better money should be saved to be ready to face what comes in the year. Planning to meet up challenges is the best not celebrating without any Planning for the new phase of life.
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January 03, 2022, 11:47:24 AM
 #96

Don't bend to societal pressure of over spending during this festive season, make serious plans for the celebrations and the coming year, Don't fall into the trap or bend to the pressure of selling off a percentage of your cryptos to  spend this festive season, a new year is coming. January is usually a long month that carries along a lot of expenses, make plans and preparations now for tomorrow, spend wisely today.

manage your income and expenses, make the best possible plan in this season. if you need money, just sell the assets you have. Don't be afraid to run out of your assets, your needs will not exceed your income. I also often do this and until now I'm still fine, maybe even better.
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January 03, 2022, 06:47:00 PM
 #97

Preparing for the new year is the best option. You can't see the financial challenges that is coming in the new year. It is better money should be saved to be ready to face what comes in the year. Planning to meet up challenges is the best not celebrating without any Planning for the new phase of life.
Yes, it’s good to prepare for the new year. But as well people should feel free to celebrate since this is an occasional thing, it only happens once in every year. So people can celebrate,but as they are celebrating, they should also be conscious of the spending that they are making during this time of celebration. They should make sure that they are spending little money for the celebration, and not waste all their money just because they want to celebrate. A nice dinner with your family is enough for you to celebrate Christmas and the new year, and that wouldn’t be bad.
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January 05, 2022, 08:04:36 PM
 #98

Preparing for the new year is the best option. You can't see the financial challenges that is coming in the new year. It is better money should be saved to be ready to face what comes in the year. Planning to meet up challenges is the best not celebrating without any Planning for the new phase of life.
Most people do not have long term thinking, they are at most thinking about the next week or two, for example now that we are still on the first week of this year this could be the perfect time to begin saving for all the necessary expenses that we know will come at the end of the year, but will people do it? Of course not, they are not thinking about that which means that when this year reaches close to its end once again people will begin to try to save some money until the date is close, spending money they do not have after asking for a loan and then they need to pay interests on that loan.
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January 10, 2022, 10:59:49 AM
 #99

manage your income and expenses, make the best possible plan in this season. if you need money, just sell the assets you have. Don't be afraid to run out of your assets, your needs will not exceed your income. I also often do this and until now I'm still fine, maybe even better.
Managing your income and expense is something that should be done by everyone and in every season, not just the holidays. It would not matter if you spend some extra on your family, they need you and they depend on you for their expenses if you are the sole bread earner - I dont see anything wrong in that. It is not possible to live alone in this world and be healthy.

But in case your trading or income was not upto the mark, spending a bit less helps to save some for the next year. Life is all about adjusting and compromises, you never get what you actually want but if your needs are like a common man, you will not face troubles.

Right now the holidays are over and the market is on the 41k USD mark. It is a good time to place orders on the bearish side and make the first profitable trades of the year.

 
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January 10, 2022, 03:05:13 PM
 #100

Suggestions for this season are to strengthen mentality, faith, and add insight or knowledge so that we can be wiser in choosing actions, so that things we don't want don't happen and achieve what we want. Of course, with hard work, smart and consistent work
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