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Showing 20 of 2,819 results by Kodok Bencot
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Topic
Board Economics
Re: Is taking a loan/debt addicted ?
by
Kodok Bencot
on 09/04/2023, 09:43:38 UTC
I think so, nowadays it's too easy to find a loan because of the presence of online loan applications, in my country to borrow $2,000 worth of money, just send identity and selfie, and within a maximum of 3 days the loan amount will be accepted, but with the ease of the loan, interest must be paid very high.
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Topic
Board Economics
Re: Prepare for the life when you get old
by
Kodok Bencot
on 09/04/2023, 09:41:50 UTC
Anyone hopes that old age will be passed happily, you don't need to work hard but only do things you like such as culinary hobbies, traveling, traveling the world and so on, but not all of these hopes can come true because many things can get in the way, especially when we are young prepare well so that when we are old we will regret it.
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Topic
Board Economics
Re: Is the government can really make a way to end poverty or it depends on us?
by
Kodok Bencot
on 09/04/2023, 09:40:07 UTC
Poverty will never disappear as long as this world has not ended, poverty is an important part of life because many things in this world are the result of the work of poor people, many efforts have been made by countries to reduce poverty, but it will never eliminate 100% so poverty will always exist.
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Topic
Board Economics
Re: Rules of Taxes
by
Kodok Bencot
on 09/04/2023, 09:36:55 UTC
Taxes are indeed an important factor for the state to finance the life of the country, in developed countries taxes are mandatory because they also provide maximum service so that benefits are evenly distributed, while in developing countries including my country taxes are only a few benefits felt, and according to reports that many tax officials who steal tax money.
Post
Topic
Board Speculation
Re: will bitcoin continue to rise
by
Kodok Bencot
on 07/04/2023, 04:05:39 UTC
The bitcoin trend often repeats itself so when last year's market dropped, this year will improve and continue to rise, with this fact, I don't hesitate to buy more so I can get big profits, if I don't buy now, of course I will regret it.
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Topic
Board Speculation
Re: Best time for me to buy
by
Kodok Bencot
on 07/04/2023, 03:57:45 UTC
I think now is a good time to buy, almost a month I waited for the price to drop below $20k, but it seems that the price below $20k is hard to happen this year, buying now is the right decision so we can get big profit.
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Topic
Board Speculation
Re: Bitcoin 2022 bear market?
by
Kodok Bencot
on 07/04/2023, 03:37:04 UTC
2022 has passed and must be closed with tears, when the LUNA case was almost over and the market had risen to around $ 24k then a bigger case emerged, namely FTX and made the price immediately fall below $ 20k and even once reached a low of $ 15k, after the case FTX is starting to forget, now the market is starting to rise and it's approaching $30k, hopefully there won't be any more scam cases.
Post
Topic
Board Speculation
Re: Bitcoin Price Predictions?
by
Kodok Bencot
on 07/04/2023, 03:29:03 UTC
Looking at current market developments I believe that April will be the start of a bull run, currently the price is around $28500 and it takes about 5% increase to reach $30k, if the price of $30k has been reached then there will be a higher increase than before, I predict April prices can be as high as $40k.
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Topic
Board Speculation
Re: What about the little increase?
by
Kodok Bencot
on 07/04/2023, 03:28:07 UTC
Many say that the current little increase is a trap from the whales to continue to make pumps, as a user with a small amount I don't want to think too much about price movements in a short time, even though sometimes I do daily trading but I prefer to save bitcoin for the long term , and I think the little increase is the start of a bull run that will happen soon.
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Topic
Board Speculation
Re: How much return are we expecting next bull run?
by
Kodok Bencot
on 07/04/2023, 03:27:50 UTC
I think a bull run can happen at any time, it doesn't matter that the current price looks lower than before, but as long as the whales are raging it will make it easy for the price to skyrocket, as happened before, in 2017 the price started the year under $ 1000 but the end of the year once touched $ 19k.
Post
Topic
Board Economics
Re: Is capitalism killing morality in the name of the law?
by
Kodok Bencot
on 05/04/2023, 09:40:32 UTC
Capitalism has changed the power of the world economy, capitalists can now easily dominate and control a country's economy, they are the real rulers, unfortunately many countries do not care about issues like this so they choose to close their eyes and allow capitalist practices.
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Topic
Board Speculation
Re: Will Btc get to $12k or $10k
by
Kodok Bencot
on 05/04/2023, 09:38:34 UTC
I think nothing is impossible in bitcoin price movement, today the price reached more than $ 28500 but if there is a crash it can be easy to return to $ 10k, this is common, for example like in 2021 it reached over $ 69k many people said it was impossible the price will drop below $30k but it only took 5 months for the price to drop below $30k.
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Topic
Board Speculation
Re: What is your take on the price?
by
Kodok Bencot
on 05/04/2023, 09:37:20 UTC
If we do daily trading, of course the daily price will always be monitored, sometimes I also like daily trading because it is more profitable and doesn't take long, very high price movements in bitcoin make daily trading more profitable, because the market is often difficult to predict, when we are optimistic the price will keep going up then soon the price will fall.
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Topic
Board Speculation
Re: Do you consider Bitcoin the best asset in the world?
by
Kodok Bencot
on 05/04/2023, 09:32:49 UTC
Many people are too excited to invest in bitcoins because they expect big profits in a short time, many people think that with bitcoin they will be successful or rich, unfortunately they only follow opinion, when they see prices going down they panic and sell bitcoin at low prices or lose, before we enter, make sure to understand the risks.
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Topic
Board Speculation
Re: Bitcoin can do 30k$ this month?
by
Kodok Bencot
on 05/04/2023, 09:32:05 UTC
Until now I'm still optimistic that $ 30k will happen in April, today the price rose again by about 3% to $ 28500, of course it's not difficult if it reaches $ 30k it only takes around $ 1500 or an increase of about 5%, even I'm sure the price is $ 30k will happen this week or maximum Sunday.
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Topic
Board Speculation
Re: Is ageing and old people part of bitcoin?
by
Kodok Bencot
on 05/04/2023, 09:30:51 UTC
Bitcoin users are anonymous, of course it will be difficult to know whether old people are or not, but in my opinion bitcoin is also worthy of being an old people investment, the chance of a higher profit than any type of investment is of course an important consideration, the most important thing is that old people only invest small amounts.
Post
Topic
Board Economics
Re: What will you do if bitcoin crash?
by
Kodok Bencot
on 02/04/2023, 01:55:22 UTC
Bitcoin crash, of course it makes us sad because we are not yet rich from bitcoin, for those who have got great wealth from bitcoin of course it is not a problem anymore, for me it is of course a small problem because at this time I plan to invest in bitcoin and I will increase the portion of purchases per month.
Post
Topic
Board Economics
Re: How do you survived during covid19 ?
by
Kodok Bencot
on 02/04/2023, 01:53:33 UTC
Quote from: odunybiz on March 29, 2023, 10:31:16 PM
Quote from: Greggry on March 14, 2023, 05:44:03 AM
The hell of shit one had as experience during pandemic was severely pitty. My country was to political about the whole thing, because reality states that it wasn't to that estimation. Lots of fears, grief, deaths, sicknesses, recession, lack, hunger, products absence, no market, indoors, lots of sex, lockdown and security threat.

This terms was the only psycho imagination of people and fears of people. The government also came up with vaccine, test and quarantine. Dudes this wasn't funny even in my country that was political, no way to travel after all and no country is ready to occupy immigrants. It was a fiest stories, often counting and increasing dead victims.

But in my country it was hunger that almost take the lives of people because no money and if you have nowhere to buy something.

How did you survived the asshole pandemic disease (covid19)?  Where you sore afraid? How you deassociate with people? How did you get something to eat?

COVID has really affected my financial status. I lost alot to it. It was this period I was dumped and the remaining capital I had was still spent on food. I don't pray for such moment in life again.

The covid that happened did make a mess, especially the economy, I also feel because it's hard to make money because I opened a restaurant business, and I have to stop it because I'm losing money every day, and now is a good time to start again because the economy is starting to recover.
Post
Topic
Board Economics
Re: Should you save, when you are wealthy?
by
Kodok Bencot
on 02/04/2023, 01:51:03 UTC
Saving is an important thing for the future so it's feasible and we have to do it, many unexpected things happen in life so without saving it will be difficult for us, besides saving of course saving money in the form of investment is also good and highly recommended because it will make our money increase drastic.
Post
Topic
Board Economics
Re: Could Bitcoin one day become the global reserve currency?
by
Kodok Bencot
on 02/04/2023, 01:49:27 UTC
The thing that has been a problem with bitcoin until now and at any time is high volatility, of course the state will be worried if it makes it a reserve money for fear of a crash, of course if it officially becomes a reserve of state money it can go bankrupt and speculators can use it to play with a country's profit or loss.