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Author Topic: Our decision making is responsible for the outcomes in our ways  (Read 1239 times)
topbitcoin
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March 11, 2024, 09:53:37 AM
 #81

Decision making is everything in life. The decision people make can make one to be rich or poor. Thst is why when making decisions we need to be careful with the decision we make that we not affect us.  Many have failed financial because of the wrong decision they make . Every thing we have in life is a result of decision both the good things and the bad things in life.
The most important thing in making a decision is that we really have to do it in a condition that is not in a hurry so that we can make a good and correct decision, because if we decide something is not in a good situation, of course it will be very difficult to make a decision that is profitable for us. We and we also have to think about the positive and negative impacts of the decisions we make.

Don't worry too much about things, and be clear about what we should prioritize. know what we really need to prioritize and what we want to achieve in this life. because by having a clear goal, this can help us to stay focused and can prevent us from wasting time and energy on useless things.

And it is true that we try to remain calm in all the situations we face. not allowing ourselves to become emotional and panic. This can really help us to make a good and wise decision. Therefore, let's practice relaxation and meditation techniques together to help us regulate emotions and in all situations.

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I think those who experience failure in financial terms of course they cannot manage their expenses well so they continue to use their income on things that are not needed of course this is very bad if we cannot make decisions to use the income we have.

No matter how big the income we have, if it is not managed well, then the money we have will have no meaning at all. So learning to manage finances and expenses is quite an important thing for us to learn. With good management and spending, this can help us to avoid unnecessary expenses, and can also help us maintain financial stability.

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March 11, 2024, 10:29:11 AM
 #82

And after squandering all that he has saved he goes about requesting to borrow money.
I have talked to this guy on several occasions but he feels I am a pest disturbing his dear life.
As at this moment, the country is encountering very high rate of inflation which stuffs doesn't go fair as before  leading him sold his car and being struggling to pay his bills while living in the city and at now, he does not have a place of residence of his own so he jumps from one place to the other passing his night's.

He is now the pest perching on any available places conditionally while inconveniencing others.
He now lives a low key with the best he can afford.
"Had I know" is now a national anthem to him.
I don't find his ignorance to be an excuse and I am thinking of disassociating from him before he gets me  affected with his negative possesed energies.

That is why my people always said that a stubborn fly follow the corpse to the grave. two things can't work together except they agree you keeping as friend after all advice and him tagging or calling you pest is even wrong because you would have know that you both can't work together with needing any advice on that.

Most people who are more resourceful or have resourceful parents see those who don't have that their advice is no meaning, believe that life end on enjoyment is very bad notion, the problem with people with this kind of thought never reason that what you don't plant you don't reap, once you fail to invest and become consumer it will get to a point you will turn into begger.

My humble advice is to make haste when the shine don't go beyond your limit avoid any pest to free from infection.

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March 11, 2024, 01:59:44 PM
 #83

Those who still have a low income and already have a family that must be looked after and maintained well, of course they must have additional income to achieve success in their lives. Because the final decision is that there must be additional income without having to compromise on other things because without additional income it will also be difficult for family members to make the wisest decisions possible. So if there are still people with low incomes and want to be successful like most other people, of course what they have to think about is efforts to increase their income, not anything else.
Unfortunately sometimes you can't, because of the things that you list. Remember, if you come from a poor background, it is highly likely that you never really got to learn anything that would worth some money, you weren't raised in a full room of computer and electronics and mentors and teachers who can help you become who you are, you are not Bill Gates nor your parents are like his parents.

This means that you were never given the opportunity, even if you were so great at it, you wouldn't know it because you never get to try it. Some people get lucky and learn about it and get bigger and have a skill, but many fail to. So that means you are unqualified worker, who does manual labour work, and only have time to rest and sleep after work, so finding another job is very hard.

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March 11, 2024, 03:56:05 PM
 #84

I believe it's acceptable to live lavishly if you're certain you won't deplete your finances in your lifetime. By this, I mean having numerous successful businesses that provide substantial income. However, there's a contradiction if, despite your prosperity, you remain excessively thrifty. Regarding your friend, it's possible he became complacent, assuming his wealth would never diminish, leading to his continuous reckless spending. Nonetheless, I think even if he were more frugal, his finances would still dwindle because he hasn't invested in business or other ventures.
That's the point most people don't understand when they are recklessly spending the money they are earning. Since they earn a good income in the present, they think that they are going to do okay in the future as well so instead of trying to build businesses and assets, they focus more on their life, living a lavish life with all the things one could get for pleasure or luxury, but they shouldn't be doing that in actual sense.

Life doesn't give us too many chances, so when we have one, we need to make sure that we are making full use of it. So when we are earning good money, we should prepare for our future because we might not be able to earn the same amount in the future so if we build assets and businesses, they can help us earn money in the future even if we unemployed or struggling.

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March 11, 2024, 05:23:44 PM
 #85

Governments of various countries do not want to recognize Bitcoin as their own currency.  They think that recognizing Bitcoin will reduce the use of their own currency and cause a great loss to their country.  Moreover, in underdeveloped and developing countries, if the government does not prohibit keeping black money account, it will be seen that these countries are so corrupt that the government will not be able to keep any account of black money and the corrupt will turn all the black money into white money.
First of all, Bitcoin is decentralized and are not personally owned by every other people, government, or country except from its founders but if let's say a country honours it as their own currency, people there will also use it though it does not mean that they will not use their original currency anymore.

There will always be a demand for it because it was offline and is stable. Currency usage is not only the ones that can affect a country but I believe there is more than this. Corrupt countries also knows how to be strict but the only bad part is like you said, once they confiscate illegal stuffs, they are now the ones who will consume it.

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March 11, 2024, 05:34:00 PM
 #86

Decision-making is an ability that improves with experience. It works like a strength: the more you use it, the stronger it becomes. And, like a body part, it can get fatigued or weak if not used often. That is why it are essential to be careful of how you make decisions, particularly large ones such as buying or selling Bitcoin.

To make wise judgments, you must be clear about your targets, understand what is essential to you, and be open to new knowledge. It is also beneficial to look into several views and potential outcomes; if we make informed judgments based on our targets, principles, and accessible knowledge, we are more likely to direct ourselves.
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March 12, 2024, 05:21:00 PM
 #87

Don't worry too much about things, and be clear about what we should prioritize. know what we really need to prioritize and what we want to achieve in this life. because by having a clear goal, this can help us to stay focused and can prevent us from wasting time and energy on useless things.

And it is true that we try to remain calm in all the situations we face. not allowing ourselves to become emotional and panic. This can really help us to make a good and wise decision. Therefore, let's practice relaxation and meditation techniques together to help us regulate emotions and in all situations.
That's right, when we prioritize what we have to do, of course we will do it well because if we can't prioritize what we have to do, of course we will miss things that we really have to finish immediately and this forces us to do the task with necessity. work harder to be able to finish in an urgent time, but when we do the work in a hurry, of course we can't do it well because we have very little time so we have to finish it quickly. Yes, of course we have to practice relaxation techniques and meditation so that we can control our emotions in various situations, because anything that is done with emotions is very likely that we will fail in that matter.

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No matter how big the income we have, if it is not managed well, then the money we have will have no meaning at all. So learning to manage finances and expenses is quite an important thing for us to learn. With good management and spending, this can help us to avoid unnecessary expenses, and can also help us maintain financial stability.
It is indeed a very important thing for someone who has income to manage it well, because without good financial management of course we will not be able to have savings and even invest from the income we have.



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March 12, 2024, 10:09:46 PM
 #88

While others have learnt their lessions of not utilizing their incomes when they had a stable source for their income flows, some others are paying adamants and ignorant to learn from what has happened to others because they feels they are not of the same calling to be affected with what happened to others.

In life some persons just do what pleases them and doesn't tolerate with any piece of advice from anyone at the times they feels to had acquired the heavens on earth. And yet they are not Concious that as the more they grows their incomes for multiplications is also how it could depreciate to a zero value if not utilize productively for continues growth.

A friend of mine goes wild at me whenever I talk to him about his reckless spendings, he ask me what would be  accounted of his money if not enjoyments?
This is a kind of guy that feels relaxed when he has an attractive amount of money in his bank account and then feels he is only supposed to go after making more money only when he is running out from the one already accumulated and spent.

How on earth would someone give chasing after income holidays even when you do not have more than enough and not up to the age of retirement yet?

And after squandering all that he has saved he goes about requesting to borrow money.
I have talked to this guy on several occasions but he feels I am a pest disturbing his dear life.
As at this moment, the country is encountering very high rate of inflation which stuffs doesn't go fair as before  leading him sold his car and being struggling to pay his bills while living in the city and at now, he does not have a place of residence of his own so he jumps from one place to the other passing his night's.

He is now the pest perching on any available places conditionally while inconveniencing others.
He now lives a low key with the best he can afford.
"Had I know" is now a national anthem to him.
I don't find his ignorance to be an excuse and I am thinking of disassociating from him before he gets me  affected with his negative possesed energies.

I would say that some of the statements that you put forward are maybe misguided, in my own experience. Take one of your first points, people generally become wiser as they get older but it often is not enough just to read about other peoples mistakes and sometimes you will learn the lessons most forcefully as you experience them yourself - which can leave a much more memorable mark on you. Secondly, you talk about taking "income holidays" which I don't think many people would do voluntarily and it can often be a sign off a tough spot in life, maybe you did not go to university so find it harder to get that lucky break and are stuck in low earning jobs for a large chunk of your life, not out of choice but the environment built up around you.

R


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March 13, 2024, 11:47:16 AM
 #89

While others have learnt their lessions of not utilizing their incomes when they had a stable source for their income flows, some others are paying adamants and ignorant to learn from what has happened to others because they feels they are not of the same calling to be affected with what happened to others.
That is a usual case, I have noticed this type of thing from several people, but what I think is the major cause of that is the inability to understand the concept that there is no difference between you and the affected person. People always see themselves different from others until what happens to others also happen to them as well. The moment you  realise that there is no difference between you and others the better. What can only make you different from others
 Is when you see things in another way from others and work towards it and achieve it. It's just like promising yourself that you will achieve something, and work towards it and later achieve it. Though it will take alot of time effort and consistency. Except that is achieved there is nothing different from you and other's.

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March 13, 2024, 01:46:32 PM
 #90

While others have learnt their lessions of not utilizing their incomes when they had a stable source for their income flows, some others are paying adamants and ignorant to learn from what has happened to others because they feels they are not of the same calling to be affected with what happened to others.
That is a usual case, I have noticed this type of thing from several people, but what I think is the major cause of that is the inability to understand the concept that there is no difference between you and the affected person. People always see themselves different from others until what happens to others also happen to them as well. The moment you  realise that there is no difference between you and others the better. What can only make you different from others
 Is when you see things in another way from others and work towards it and achieve it. It's just like promising yourself that you will achieve something, and work towards it and later achieve it. Though it will take alot of time effort and consistency. Except that is achieved there is nothing different from you and other's.
It cannot be denied, there are some people who are too confident in what they know, and consider it to be the truth above anything else. There are people who when given advice hear it and then have the initiative to continue learning, and there are also people who find it difficult to accept it. That's why most people are late in many things, including investing or learning other skills that are not their passion, even though it could also increase their income.
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March 13, 2024, 03:12:06 PM
 #91

The most important thing in making a decision is that we really have to do it in a condition that is not in a hurry so that we can make a good and correct decision, because if we decide something is not in a good situation, of course it will be very difficult to make a decision that is profitable for us. We and we also have to think about the positive and negative impacts of the decisions we make.

I think those who experience failure in financial terms of course they cannot manage their expenses well so they continue to use their income on things that are not needed of course this is very bad if we cannot make decisions to use the income we have.

That's right, because hasty decision-making will usually end poorly and even most likely end badly, although sometimes we have to take risks but that doesn't mean we don't consider them. Of course, considering everything is a must because of course we want the best from the decisions we make. It's true what you said, we must be able to think about the impact whether it's good or bad, positive or negative. Moreover, making decisions related to money or profit, we should do our best to avoid losses.

There are indeed people who only think about temporary things, so when they have a certain amount of money they feel they can buy what they want with the money they have and tend not to think about it first, and when the money runs out they start to get confused and think about where the money they have is going Maybe what you can do is keep track of your expenses so that you can monitor your finances properly, and maybe this will help.

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March 15, 2024, 08:23:51 PM
 #92

~
That's right, when we prioritize what we have to do, of course we will do it well because if we can't prioritize what we have to do, of course we will miss things that we really have to finish immediately and this forces us to do the task with necessity. work harder to be able to finish in an urgent time, but when we do the work in a hurry, of course we can't do it well because we have very little time so we have to finish it quickly. Yes, of course we have to practice relaxation techniques and meditation so that we can control our emotions in various situations, because anything that is done with emotions is very likely that we will fail in that matter.

Psychology says that a man cannot do many tasks at one time, or what is better known as multitasking. And for this reason we need to clarify the goals we want to achieve, this needs to be done so that we can focus more on these goals. because if not, then it will be quite difficult for us to achieve that goal.

and I agree that when something is done hastily it will only lead to mistakes and failure, because in this situation it is quite difficult for us to be able to produce a better and wiser decision. Even though we as men and leaders are required to be able to make decisions as quickly as possible, this is quite a difficult thing to do.
However, it is also wrong if we are slow in making decisions, because this could result in us missing every opportunity that comes.

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It is indeed a very important thing for someone who has income to manage it well, because without good financial management of course we will not be able to have savings and even invest from the income we have.

Having some savings and investments is a dream for many people, but this will never come true if we don't have good financial management.

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March 15, 2024, 10:58:33 PM
 #93

Decision making is everything in life. The decision people make can make one to be rich or poor. Thst is why when making decisions we need to be careful with the decision we make that we not affect us.  Many have failed financial because of the wrong decision they make . Every thing we have in life is a result of decision both the good things and the bad things in life.
The most important thing in making a decision is that we really have to do it in a condition that is not in a hurry so that we can make a good and correct decision, because if we decide something is not in a good situation, of course it will be very difficult to make a decision that is profitable for us. We and we also have to think about the positive and negative impacts of the decisions we make.

I think those who experience failure in financial terms of course they cannot manage their expenses well so they continue to use their income on things that are not needed of course this is very bad if we cannot make decisions to use the income we have.
There should be trial and error at first when it comes to decision making. It’s not all the time that we will be able to perfect our decision, hence we need to analyze it well if those decisions will be profitable and productive in the long term or they are just good enough at the present and will not eventually work after that. Just like when you enter an investment, make sure that you are capable to manage the risk, otherwise you will end up losing all your funds.

Good decision will lead to a positive lifestyle, but if you are hitting those bad decisions in life, most likely you will live at mess. However, experience is the best teacher. You will probably learn a lot from it, and won’t never repeat the same mistake again.

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March 16, 2024, 01:03:11 AM
 #94

I agree with pinggoki, you can't force other people to have a same life like you because what you think good isn't always good for him.

Yeah I know I have a same perspective like you, saving is a must for me, but some people think when they die, they won't able to bring their wealth to heaven, so why they need to save and we can't even know how long we can live.

Even if my best friends spend too much money for unnecessary stuffs, if he didn't ask about money management, saving or investment, I won't comment anything.

Just make sure that you don't get involved in all thier activities and personal affairs because they'll eventually act like you're trying to control them,give them instructions and manuals on how they'll live thier lives.

Its not really easy to be around a person or be friends with someone who's this adamant to advice and good decisions making.Because every moment spent with them is equally time consuming and a total waste of efforts.

Every self-made decision has either a positive or negative impact to ones wellbeing,and these days,people struggle so much with decision making that they end up with an unsatisfied decision

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March 16, 2024, 01:45:43 PM
 #95

While others have learnt their lessions of not utilizing their incomes when they had a stable source for their income flows, some others are paying adamants and ignorant to learn from what has happened to others because they feels they are not of the same calling to be affected with what happened to others.
not a surprise because lots of people can’t grasp the fact that literally anything can happen that could endanger their finances people think just because they are rich now is that they would forever be rich

Quote
A friend of mine goes wild at me whenever I talk to him about his reckless spendings, he ask me what would be  accounted of his money if not enjoyments?
you are a good friend tho sometimes we need to talk realistically to the people we care about not because we hate them but because we are concerned and we want them to get their life matters in order

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March 16, 2024, 02:08:22 PM
 #96

hasty decision-making will usually end poorly and even most likely end badly, although sometimes we have to take risks but that doesn't mean we don't consider them. Of course, considering everything is a must because of course we want the best from the decisions we make. It's true what you said, we must be able to think about the impact whether it's good or bad, positive or negative. Moreover, making decisions related to money or profit, we should do our best to avoid losses.

There are indeed people who only think about temporary things, so when they have a certain amount of money they feel they can buy what they want with the money they have and tend not to think about it first, and when the money runs out they start to get confused and think about where the money they have is going Maybe what you can do is keep track of your expenses so that you can monitor your finances properly, and maybe this will help.
Most people do end up doing stuff that are a little bit different, they usually end up not realizing that they are making a hasty decision and that's the problem. If they knew that they were making a hasty decision without enough information then they wouldn't do it, but because they really trust their instincts and invest accordingly, then it would not really be all that much of a shocker.

I think the best way to go would be just making sure that we are dealing with a good return on this, and in order to do that we need to just give ourselves some time before we make a decision no matter how long we wait. I have to say that we are going to get something that will take a while before we could get a greater result in the end.

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March 17, 2024, 01:57:10 AM
 #97

The most important thing in making a decision is that we really have to do it in a condition that is not in a hurry so that we can make a good and correct decision, because if we decide something is not in a good situation, of course it will be very difficult to make a decision that is profitable for us. We and we also have to think about the positive and negative impacts of the decisions we make.

I think those who experience failure in financial terms of course they cannot manage their expenses well so they continue to use their income on things that are not needed of course this is very bad if we cannot make decisions to use the income we have.

Our decisions will either make us go far or brings us dormant to one side. Experience failure and watch your whole world crumbled before your very naked eyes, perhapes it's merely a tough lesson for correction, most people doesn't survived this phase and heads back to trenches while some are strong enough to absorbed any pressure and every negative thing life got to throw at them. Taking good decisions doesn't attract any penalty because one always find himself on the winning path and scouts for improvement in every phase in the system.

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March 17, 2024, 05:13:07 AM
 #98

hasty decision-making will usually end poorly and even most likely end badly, although sometimes we have to take risks but that doesn't mean we don't consider them. Of course, considering everything is a must because of course we want the best from the decisions we make. It's true what you said, we must be able to think about the impact whether it's good or bad, positive or negative. Moreover, making decisions related to money or profit, we should do our best to avoid losses.

There are indeed people who only think about temporary things, so when they have a certain amount of money they feel they can buy what they want with the money they have and tend not to think about it first, and when the money runs out they start to get confused and think about where the money they have is going Maybe what you can do is keep track of your expenses so that you can monitor your finances properly, and maybe this will help.
Most people do end up doing stuff that are a little bit different, they usually end up not realizing that they are making a hasty decision and that's the problem. If they knew that they were making a hasty decision without enough information then they wouldn't do it, but because they really trust their instincts and invest accordingly, then it would not really be all that much of a shocker.

I think the best way to go would be just making sure that we are dealing with a good return on this, and in order to do that we need to just give ourselves some time before we make a decision no matter how long we wait. I have to say that we are going to get something that will take a while before we could get a greater result in the end.

Sometimes decisions made in haste tend to end up not being good, because the magnitude is only relying on how it will be, not what it will be like later. Therefore, we must be able to consider everything well, because the decisions we make will of course determine the results we decide. Don't make decisions carelessly. It is highly discouraged to do it like that, especially if it is related to finances. Of course, don't just take any decision if you don't want to incur losses.

To be able to produce something good of course it depends on us doing it at the start, if we do it well then the results will be good, but if we don't do it well from the start then it's possible that everything will fall apart, including decision making, of course this will determine later . I think everyone doesn't do this, there are people who do it badly, and when a problem occurs then they think about dealing with it and fixing it, even though in my opinion if it can be done well at the start why have to wait for the problem to happen first .

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March 17, 2024, 06:23:04 AM
 #99

85% of what we are going through today or the conditions we are in are as a result of the decisions and actions  we made and acted om yesterday, for everything we do there's surely a consequence that is attached to it that's life for us. If we make good financial decisions about our future today we will reap the results tomorrow when it all get matured. It is popularly noted that he who fails to plan has planned to fail. Which is why any parents that fails to teach their children the value of money and how to develop a culture for self reliance and industriousness rather than relying on anyone for their betterment. This is what most rich patents fail to bring into their children consciousness not to tely on their money for inheritance and stay lazy.
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March 17, 2024, 11:26:26 AM
 #100

This further explains the difference between being rich and being wealthy. Being rich is just the surface and being wealthy is the root. If the root of a tree doesn’t exist, it means the top will fall eventually. It may or may not be long but gravity will pull it down. People who are smart and somehow managed to get rich would invest that money somewhere before they fall to the ground. Most people don’t have patience. The way they think is “why not spend these thousands of dollars instead of using it to open a business that would reduce my lifestyle to be spending just bucks”. But if only they know that that’s how wealthy people are made.



 

 

 

 

 

 


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