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Author Topic: The choice of investment is dependent on your region of residency.  (Read 739 times)
fuguebtc
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June 12, 2024, 09:25:13 AM
 #61

Paying attention to the region can indeed be a good point because after all, when talking about investment, it is definitely the long term that is glimpsed so that we must see what the potential or future progress is like so as not to make the wrong choice .

 Looking for experts and listening to advice is also actually not too bad to do, it's just that if it feels too burdensome, actually I think when we look for ourselves carefully and take into account all the conditions and risks that we will have later, actually it can still be done without having to look for experts and ask for their advice.

Today we have wide access when we talk about the internet so by looking at the advantages that exist in terms of infrastructure today we only need to be serious about our intentions and goals so that in the end our choices do not cause us to get lost in the future.

That is only true if we talk about traditional investment and business, areas where we need to have a business base and need potential customers. But when it comes to online investments like bitcoin or stocks, regional factors are not relevant or a barrier to our investments . Even if you come from a country that bans bitcoin , there are still ways for you to get involved in investing in them . I agree with what OP said but like I said, it's relevant when we talk about traditional fields.

In addition, when deciding to invest or business , it means we need to have in-depth knowledge about it and be confident with our vision. Don't just look to experts and advisors for advice because they may not understand better than us . What they give us is only advice from books and theories , even if they have never experienced it .
Because the scope of investment is broad and indeed we are discussing investment as a whole without being fixated on traditional or modern but indeed I quite agree because it does refer to traditional such as real estate or related to that.
But actually for online investment this is also a little influential because however the environment and the region can be an obstacle to investing online given the current conditions as we take an example to invest in bitcoin because not all regions or all regions can be in bitcoin especially for those who are bitcoin legality is still a problem because until now there are not a few countries or regions that still do not allow bitcoin even to become a commodity.

So in this case even though it doesn't have a big impact but in the end this can also have an effect considering that this relates to government regulations in the place where we live.



Basically, the government cannot completely ban bitcoin in any form and there will always be ways for us to invest in bitcoin. The small impacts you mentioned are up to you, if you are a principled, law-abiding person and don't invest in bitcoin just because the government hasn't legalized it yet then that's your problem. Because you can break that barrier at any time as long as you want.

In addition, if you are someone who strictly follows government regulations, you will also encounter more obstacles with traditional businesses, let alone online investments. Do you see businesses, organizations...always looking for ways to avoid taxes or pay as little tax as possible? If a person strictly followed the law they wouldn't do that.

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June 12, 2024, 06:08:10 PM
 #62

The choice of investment is dependent on your region of residency
That's definitely true and I can confirm this from my own experience,  compared to friends of different regions, everyone is different when it comes to the way of investing money.
First, when it comes to me living in 3rd world country, it is very hard for me to save some money for investment, the salaries here are very low and not sufficient to afford your day spendings or to keep some money for investment.
Second, while my friends living in other countries, they have salaries where they can save some money and afford their spendings.

Conclusion, to invest money you first need to have enough money for your spendings and taxes. The remaining money, you have a choice to spend it else where or you invest it in something else up to your region.
It is sad to say that the condition of our country is not different from your country, inflation is very high, and daily expenses are so high that a salaried person is forced to take a loan at the end of the month. In this case, it seems impossible to think about saving and doing business, and besides, if someone has money, then first of all, you have to see what is legal and what is not, if you are such a professional or if you adopt a job which is not legal, then the government makes your life miserable and you go further down, you can even lose your life savings, so it is true that every country's trade is domestic.

I can only hope for a better future and hope that the hardships we face are not the same for the next generation, otherwise, as many people have emigrated from this country and made their fortunes. Our generations will have to leave here as they have settled in other developed countries to build a future. The government should think about it and understand that such situations are not only harmful to the people but also to the government and the country. That country can never develop, so the government should provide such facilities and reduce inflation to a minimum.

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June 12, 2024, 10:29:24 PM
 #63

If one intends to make a first time investment into any venture,
it is always wise to seek professional advice from experts and brokers who can help you plan, execute, and manage ones investments into any area, so that one would attain their investment goals faster  irrespective of the region of residency.

Let's discuss!

I would say it's not necessary, professional investment advisors don't know your specific interest of investment and they maybe an old school investor who don't know the real potential of crypto investors so I suggest do your research on your own instead of giving the decision making to someone else because you only know what you want and how much your risk tolerance than anyone else.

Doing your own research will find more effective answers than just relying on answers and thoughts from investment managers, especially here we are talking about the money you have, it will be very dangerous if you put your money in the wrong investment, which is completely wrong you know where it will lead. For this reason, always do your own research and also always update your financial literacy and the latest news about the economy because it really supports the success of your investment.

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June 13, 2024, 02:03:07 AM
 #64

For doing business and business investment first of all one has to consider the needs of the people of his area market system natural environment time etc whether he is a newbie or an experienced businessman. Because the environment which can vary from place to time and location affects all business activities. Therefore according to the type of investment, the market demand should be considered in the investment which is considered as one of the determinants of business success.

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June 13, 2024, 08:10:03 AM
 #65

~snip

~snip

Another fact is, experience is something that can never be bought anywhere which is one of the important thing needed to become successful not just in crypto but in any sector.

Maybe that formula helped them succeed, but that doesn't mean that when we apply that formula, we will also be as successful as them. Indeed, experience is something we need to get by experiencing it ourselves and cannot be bought no matter how much money we spend. That's why I believe there is no general formula for success and each person will have their own path to success. Don't try to imitate or copy anyone, but find your own path to success, which is also the reason success is never easy.

Many people even spend time and money to buy and read hundreds of books about getting rich, and participating in enrichment courses. By that action, we only enrich others, not the way for us to enrich ourselves.

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June 13, 2024, 11:48:04 AM
 #66

Doing your own research will find more effective answers than just relying on answers and thoughts from investment managers, especially here we are talking about the money you have, it will be very dangerous if you put your money in the wrong investment, which is completely wrong you know where it will lead. For this reason, always do your own research and also always update your financial literacy and the latest news about the economy because it really supports the success of your investment.
Carrying out our own research about the investment that we are going to carry out will certainly be better because without research we will of course start something that does not have a plan and also a way to solve problems when carrying out their investment and in terms of finances we certainly have to be really careful in entering into investment and don't let what we have invested not be able to get any profit from the investment. Of course this is never desired by anyone who invests. It's true that by always updating news about the economy, of course we will be able to determine the right and needed type of investment. many people and the most important thing is that we can run it well.
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June 13, 2024, 12:52:01 PM
 #67

The kind and the choice of investment, is often a product of the current environment where one lives in. Hate the place or love it, one may be faced with the challenges of multiple tax systems, regulations and currencies that may pose a threat to ones investment goals and it could also be different and more favourable in another region or new location where one intends to settle or may consider ideal to live in.
Basically the ideal level of investment or not is seen from one's ability and perhaps at the decision making stage we will see how regulations regulate this issue in our country. I try to see this problem in the bitcoin environment and in my country bitcoin is legal to run as an investment asset but there are many people who take advantage of people's ignorance to commit crimes involving it. One must understand the level of investment that is being carried out because without good knowledge it will actually make them get unexpected losses.

In addition to location, regulations and taxes, we must also consider the effectiveness value of the investment being carried out. Because many people are involved in investment not because of knowledge but because they see other people succeed there. In the end they get caught up in other people's success and try to do it with abilities that are not able to be carried out properly.

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June 13, 2024, 06:44:54 PM
 #68

I would say it's not necessary, professional investment advisors don't know your specific interest of investment and they maybe an old school investor who don't know the real potential of crypto investors so I suggest do your research on your own instead of giving the decision making to someone else because you only know what you want and how much your risk tolerance than anyone else.
They are pro, so why not? And who says we will pick randomly? No, but we must only pick those who have the same field as us, so that we are sure that they know what they are talking about. And just because some of them are old, does it also means that they are now weak when it comes to these things? Nah, I wouldn't judge them too early yet.

We have old people who are also involved in crypto and in fact, many of them are better than us because they invest on it early and until now they still have their coins. We still can try on our own first and if we think we are doing well, then that's right that there is no need for their help anymore.

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June 13, 2024, 06:53:17 PM
 #69

I would say it's not necessary, professional investment advisors don't know your specific interest of investment and they maybe an old school investor who don't know the real potential of crypto investors so I suggest do your research on your own instead of giving the decision making to someone else because you only know what you want and how much your risk tolerance than anyone else.
They are pro, so why not? And who says we will pick randomly? No, but we must only pick those who have the same field as us, so that we are sure that they know what they are talking about. And just because some of them are old, does it also means that they are now weak when it comes to these things? Nah, I wouldn't judge them too early yet.

We have old people who are also involved in crypto and in fact, many of them are better than us because they invest on it early and until now they still have their coins. We still can try on our own first and if we think we are doing well, then that's right that there is no need for their help anymore.
On the moment that you've seen yourself isnt really that something that could go independent or theres still tons of things that you would really be needing up to learn up first then why would really be just that tending to keep away yourself with those who do have experienced? Age wont matter because knowledge and experience is something that we are really that looking for. If we do see that its something that do
benefits us out on adding up our knowledge even more then there would be no sense that you would really be having that kind of gap or considering on making yourself on different spot.

Go with the flow and if its something that benefits you then you should really be sticking into that, it is really just that a waste of opportunity on seeing situations like this
on which you do know that it could really be that something will really be able to help you on what you are currently been thriving or learning.

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June 13, 2024, 08:29:50 PM
 #70

I would say it's not necessary, professional investment advisors don't know your specific interest of investment and they maybe an old school investor who don't know the real potential of crypto investors so I suggest do your research on your own instead of giving the decision making to someone else because you only know what you want and how much your risk tolerance than anyone else.
They are pro, so why not? And who says we will pick randomly? No, but we must only pick those who have the same field as us, so that we are sure that they know what they are talking about. And just because some of them are old, does it also means that they are now weak when it comes to these things? Nah, I wouldn't judge them too early yet.

We have old people who are also involved in crypto and in fact, many of them are better than us because they invest on it early and until now they still have their coins. We still can try on our own first and if we think we are doing well, then that's right that there is no need for their help anymore.

I can't say anyone as professional crypto investment advisor because literally there is no, most of them just pretending to be via social media and some got lucky due to the early investment just paid off and they are using it as an opportunity to monetize anything that comes in the way. I would respect the decision from a seasoned traditional investors than random guy from online. I'm just saying I am not going to take risk because of someone especially when it comes to crypto.

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June 13, 2024, 09:09:56 PM
 #71

Because the scope of investment is broad and indeed we are discussing investment as a whole without being fixated on traditional or modern but indeed I quite agree because it does refer to traditional such as real estate or related to that.
But actually for online investment this is also a little influential because however the environment and the region can be an obstacle to investing online given the current conditions as we take an example to invest in bitcoin because not all regions or all regions can be in bitcoin especially for those who are bitcoin legality is still a problem because until now there are not a few countries or regions that still do not allow bitcoin even to become a commodity.

So in this case even though it doesn't have a big impact but in the end this can also have an effect considering that this relates to government regulations in the place where we live.



Basically, the government cannot completely ban bitcoin in any form and there will always be ways for us to invest in bitcoin. The small impacts you mentioned are up to you, if you are a principled, law-abiding person and don't invest in bitcoin just because the government hasn't legalized it yet then that's your problem. Because you can break that barrier at any time as long as you want.

In addition, if you are someone who strictly follows government regulations, you will also encounter more obstacles with traditional businesses, let alone online investments. Do you see businesses, organizations...always looking for ways to avoid taxes or pay as little tax as possible? If a person strictly followed the law they wouldn't do that.
Governments cannot regulate bitcoin but with the regulation and power they have they can ban bitcoin and indeed things like this we often see especially for some countries that do have strong regulations like China for example. Although indeed this is also one of the strategies for them to relax the bitcoin market which is quite difficult to control but the fact that the government can ban bitcoin is a certainty and this is what I mean depending on the conditions and situations in the region we live in.

Regulating bitcoin is something that the government will not be able to do because the nature of bitcoin that is contrary to what they developed (decentralized and centralized) makes the government unable to tinker with bitcoin but in the end they can make bitcoin banned and that is 2 different things in the end because banning is different from controlling.

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June 13, 2024, 09:19:18 PM
 #72

This is what often happens in society. Usually the environment really influences various thought patterns and decision making. Even though this is not 100% all, it is indeed quite influential. For example, if this area is a field for investment on agricultural land, then I am sure that most will do it too. Moreover, if the pioneer of the investor is truly successful and produces a lot of results and profits, then that is what will be seen. And in the end, people will flock to do it too, whatever the outcome may be, it wasn't thought of at the start.

Unfortunately, sometimes what also happens is that if someone wants to invest in new things, then it will become the subject of ridicule and many will not believe it until it succeeds. And look, this happens a lot, and in the end it becomes a very unusual challenge.

especially when we say investing in Bitcoin or other crypto which in fact they can't even hold, then this will also be something that is considered strange and pointless. especially if they haven't seen the results, then they won't believe it at all. This is the challenge for Bitcoin or other cryptos to enter an area like this.

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June 14, 2024, 02:59:23 AM
 #73

I can't say anyone as professional crypto investment advisor because literally there is no, most of them just pretending to be via social media and some got lucky due to the early investment just paid off and they are using it as an opportunity to monetize anything that comes in the way. I would respect the decision from a seasoned traditional investors than random guy from online. I'm just saying I am not going to take risk because of someone especially when it comes to crypto.
When someone chooses to fake their crypto knowledge in order to influence other people in this investment, of course they have lied to the public and they are just taking advantage of this opportunity to take advantage of the content they create and this will of course be very detrimental to some people who just starting out, in terms of investing in crypto, it would be better for us to understand it ourselves first and don't let us follow other people's advice, which doesn't necessarily mean that what we are doing is correct and can benefit us when we try it, because if we are just starting out and don't learn it ourselves it will In terms of investment, of course this will be very detrimental to us if we decide to follow other people's advice without having the slightest understanding of the investment we are making.
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June 14, 2024, 08:33:28 AM
 #74

Don't let where you live dictate your financial future. It's like declaring, "Well, the only food I can eat is what's at my local grocery store." No. There is always a farmers market, a specialty store or even your own darn food growing right here. Your money follows the same rule. You so live in a high-tax area? Though they may have a negative reputation, tax havens are a legitimate choice for those with significant income. They exist for a reason. Perhaps you fall into a low-tax zone but find it a regulatory headache. No worries! With nice deductions and credits, some locations almost beg for your investment money

Hell, even rules on cryptocurrencies are all over the place. Some nations saw it as the devil, others as gold. You really have to know what you're working with. As it happens, limitations might be really positive. They compel you to be innovative, spot those hidden opportunities, and create your own path

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June 14, 2024, 12:42:37 PM
 #75

Because the scope of investment is broad and indeed we are discussing investment as a whole without being fixated on traditional or modern but indeed I quite agree because it does refer to traditional such as real estate or related to that.
But actually for online investment this is also a little influential because however the environment and the region can be an obstacle to investing online given the current conditions as we take an example to invest in bitcoin because not all regions or all regions can be in bitcoin especially for those who are bitcoin legality is still a problem because until now there are not a few countries or regions that still do not allow bitcoin even to become a commodity.

So in this case even though it doesn't have a big impact but in the end this can also have an effect considering that this relates to government regulations in the place where we live.



Basically, the government cannot completely ban bitcoin in any form and there will always be ways for us to invest in bitcoin. The small impacts you mentioned are up to you, if you are a principled, law-abiding person and don't invest in bitcoin just because the government hasn't legalized it yet then that's your problem. Because you can break that barrier at any time as long as you want.

In addition, if you are someone who strictly follows government regulations, you will also encounter more obstacles with traditional businesses, let alone online investments. Do you see businesses, organizations...always looking for ways to avoid taxes or pay as little tax as possible? If a person strictly followed the law they wouldn't do that.
Governments cannot regulate bitcoin but with the regulation and power they have they can ban bitcoin and indeed things like this we often see especially for some countries that do have strong regulations like China for example. Although indeed this is also one of the strategies for them to relax the bitcoin market which is quite difficult to control but the fact that the government can ban bitcoin is a certainty and this is what I mean depending on the conditions and situations in the region we live in.

Regulating bitcoin is something that the government will not be able to do because the nature of bitcoin that is contrary to what they developed (decentralized and centralized) makes the government unable to tinker with bitcoin but in the end they can make bitcoin banned and that is 2 different things in the end because banning is different from controlling.

China has banned bitcoin for many years but we still have a lot of investors from China and that shows they cannot ban bitcoin completely. There are always investors who defy the ban and are willing to invest in bitcoin, there will always be a way for us to invest in bitcoin if we want, as I said.

Regarding banning bitcoin, in my opinion no country can ban bitcoin and stop its development. Just like China, they can only ban it in their country but cannot prevent its development in the world. There is only one scenario for governments to completely ban bitcoin and that is for all governments to join forces, but that is unlikely because countries all have their own interests.

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June 14, 2024, 02:10:39 PM
 #76

The kinds and choice of investment that anyone may propose to  venture into, as a newbie or as an oldie, could be adversely affected by the place they live in or their region of residency.
The situation is clear and factual, investments can be made according to conditions and things that make it possible for something to have a good price in the future, if it invests other than crypto.

In my area, the current investment that has an investment value of billions in the future is land, where in the next five years we will see big projects coming and the sale value of land is highly valued, The projects I mean include building toll roads and several other projects targeting coal mines, gold mines, oil and the largest reservoir in my area, that's for sure and some land has been prioritized for a high fee.

If we talk about crypto investment now it also has good opportunities, like Bitcoin for the next five years, I am sure the value of Bitcoin will experience good value in the crypto market.

R


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June 18, 2024, 03:48:30 AM
 #77

If one intends to make a first time investment into any venture,
it is always wise to seek professional advice from experts and brokers who can help you plan, execute, and manage ones investments into any area, so that one would attain their investment goals faster  irrespective of the region of residency.

Let's discuss!
The investor must be someone who not only has funds but also a high level of education to be able to understand how the role of a financial or investment advisor is important enough for him or her to be able to start the right investment, because usually if the investor has a normal education they don't even know about the investment/ finance advisor profession, and usually the investor will only start investing in something they understand, for example, gold or property.

And I really agree that the environment and other factors will greatly influence a person in choosing their form of investment this is what I see with people around me because they prefer property and rent it out because it is quite common in my area for people who have big funds, and for example those who don't understand technology will never think about Bitcoin but those who understand technology will prefer Bitcoin because the returns are quite fast as well as choosing other investments such as shares despite the returns not as fast as Bitcoin.

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June 19, 2024, 05:44:10 PM
 #78

Basically the ideal level of investment or not is seen from one's ability and perhaps at the decision making stage we will see how regulations regulate this issue in our country. I try to see this problem in the bitcoin environment and in my country bitcoin is legal to run as an investment asset but there are many people who take advantage of people's ignorance to commit crimes involving it. One must understand the level of investment that is being carried out because without good knowledge it will actually make them get unexpected losses.

In addition to location, regulations and taxes, we must also consider the effectiveness value of the investment being carried out. Because many people are involved in investment not because of knowledge but because they see other people succeed there. In the end they get caught up in other people's success and try to do it with abilities that are not able to be carried out properly.
I do agree that regulations play a big role in this, but bitcoin is trying to be above all of that. Unless bitcoin is illegal in your nation, and not many nations exists that makes bitcoin illegal to buy or own, so that means most people can buy it and hold it, then it means there aren't any other regulations about it. Like you just buy and hold for long term, that's it, that's all you do, why would regulations matter to you in that case.

I understand that some people may look at it differently, but I do look at it like it is something that we need to see as positive. Region may depend if you want to buy stocks, real estate, even gold, but it doesn't matter when you are investing into bitcoin because it is the same globally in every part of the world.

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June 19, 2024, 06:07:31 PM
 #79

I understand that some people may look at it differently, but I do look at it like it is something that we need to see as positive. Region may depend if you want to buy stocks, real estate, even gold, but it doesn't matter when you are investing into bitcoin because it is the same globally in every part of the world.

Yes, bro, most ordinary people invest more in gold and land, both rice fields and garden land, so the price will increase, many people in the past were rich by leaving inheritances such as rice fields and gardens, people in the past had a lot of money saved. -buy a lot of land and gold, because they know that the price is getting higher and higher, now is the era of technology for those of us who have a lot of money saved prefer investing in Bitcoin and Crypto, because in this era technology can be accessed via cellphone or personal laptop, we can easily monitor it wherever we are, and now we can also invest in gold because the price is getting higher and higher, because most of the places we choose to save money in gold.

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June 21, 2024, 11:29:05 AM
 #80

Bitcoin doesn't depend on any region, and that's why I love it, it's always a great thing and people should see that as a positive, it's definitely a great situation without a doubt, and you could invest from all around the world and do a lot better. Sure there are people who are still making a mistake, but that doesn't mean that we are going to end up with any trouble at all, we are going to be doing just fine.

I hope to see the situation change soon enough, and that will happen one way or another, we just need to make sure that things do not change that quickly, we need to just make sure that things are doing just fine. This is why I believe that the best way to move forward would be just realizing that bitcoin is the best option for all of us.

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