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Showing 20 of 42 results by My ThuiHa
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Topic
Board Economics
Re: Fiat and crypto and stock is bs, but property is real
by
My ThuiHa
on 07/01/2023, 08:42:09 UTC
How to define property? Property already includes material wealth such as your money, house, supplies, land you own, etc. So how do you prove that your property is yours?
When people invest, they will first choose to invest in real estate and stocks. Because that's what the public knows. Of course, some people will choose cryptocurrency, but novices will not choose cryptocurrency at the beginning. He needs market experience.
Since it is property, I think it is safe in my own hands, and I don't trust any organization.
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Topic
Board Economics
Re: How much longer until paper money is no longer in circulation?
by
My ThuiHa
on 07/01/2023, 08:20:13 UTC
Paper money must have always been in circulation, it's just that the denominations on the paper are getting bigger and bigger. As technology becomes more and more advanced, the use of smartphones is also common in many small cities. If the world can be connected to the Internet. Then the utilization rate of banknotes will definitely decrease. But it will still exist, and it will not disappear completely. I hope to pay by mobile phone in the future, which is more convenient. But it will be convenient for thieves to steal things, so watch your personal belongings.
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Topic
Board Economics
Re: EU solution to energy crisis: print more money and ensure economic crisis!
by
My ThuiHa
on 07/01/2023, 07:51:59 UTC
Print more money? ? ? It can only be said that inflation is starting to explode a little bit.
The European Union’s energy is indeed a bit difficult because of this winter. The high electricity bills will also force the chemical and mechanical industries in Europe that consume a lot of electricity to shut down and stop production. Germany’s export orders have dropped significantly due to the shortage of electricity. Some miners have abandoned the site to work elsewhere.
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Topic
Board Economics
Re: Use your money wisely. Invest or Deposit ?
by
My ThuiHa
on 07/01/2023, 07:13:00 UTC
I will choose to deposit half of the money in the bank. Invest the other half of your money. Because some of the money in the investment cannot be credited to the account quickly, I can use the money in the deposit when I need money for any emergencies. In fact, so do I. Half of my salary is saved and half is invested. I don't have any desire to buy now with inflation. I just wish I had more and more money.
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Topic
Board Economics
Re: The Taste of an Economic Downturn
by
My ThuiHa
on 07/01/2023, 06:02:25 UTC
I haven't felt it yet. But food prices are rising fast. If possible, I really want to have a piece of land where I can grow some vegetables for myself. Seems like the price of anything keeps going up right now. There is nothing we can do. Our purchasing power is gradually declining. Someone is working three jobs a day to make ends meet, and I'm thankful I still have some savings.
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Topic
Board Economics
Re: What is your biggest obstacle to achieving financial freedom ?
by
My ThuiHa
on 06/01/2023, 08:59:39 UTC
This actually depends on your attitude towards life. Even if you have no savings, you can live a free and easy life. Some people have an annual salary of tens of thousands but still feel that they have no money and need to make more money. The biggest obstacle for me to achieve financial freedom is low income and I don't want to go out to work. In fact, I am very satisfied with my current life. I have savings but not much. My concept of financial freedom is that there is money that can't be spent. So it is difficult for me to achieve financial freedom. When I have money, I want to have more money to live a better life. I think my whole life has been in pursuit of financial freedom.
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Topic
Board Economics
Re: A career - as an employee or a business owner which do you prefer and why?
by
My ThuiHa
on 06/01/2023, 08:35:51 UTC
If I don't have the pressure of money, I will choose to be an employee. I think employees are more relaxed than bosses. I don't like being stressed out. I have enough money to travel around the world if I can.
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Topic
Board Economics
Re: Mistakes Successful People Never Make Twice
by
My ThuiHa
on 06/01/2023, 07:45:39 UTC
"People make the same mistakes all the time."

Some people say: "Mistakes" are actually a "mental activity" formed by the interference of two intentions. One intention is that you have to do this (disturbed intention), and the other intention is that you actually don't want to do it. thing (interfering intent).
It is very important that we can analyze the reasons for the mistakes more and avoid making mistakes again. Some people make the same mistake many times because of their own habits, leading to the same choice. Think about the problem from multiple perspectives. Success actually depends on an opportunity, but opportunities are reserved for those who are prepared.
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Topic
Board Economics
Re: Saving one third what you earn monthly is not that hard, isn't it ?
by
My ThuiHa
on 06/01/2023, 06:49:04 UTC
Saving money is a very simple matter. It's hard to hold on. Twenty-one days to form a good habit. But saving money is something to do every month, treat it as your hobby. At the beginning, it can be regarded as a task to do, and then it gradually becomes a habit. The advantage of saving money is that when you are in a hurry to use the money, you can take it out without stress. No need to borrow money from friends and family.
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Topic
Board Economics
Re: Are you ready to spend crypto when market is down
by
My ThuiHa
on 06/01/2023, 06:02:43 UTC
I am not ready yet. While I can accept payments in cryptocurrencies, I will consider how payment in cryptocurrencies might affect or affect me. I may find it novel to use cryptocurrencies for payment, and I will not always use cryptocurrencies for payment. I am still used to investing in cryptocurrencies for profit.
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Topic
Board Bitcoin Discussion
Re: Have you taken lessons?
by
My ThuiHa
on 05/01/2023, 08:54:38 UTC
There may have been a lot of big things that happened before, but we didn't pay much attention to cryptocurrencies at that time. There are not many encrypted fans, and many news are only known to people in the encrypted market. People outside the encrypted market will not express any opinions even if they see it. Now more and more people are entering the cryptocurrency market. Anything in the market attracts attention. In 2023 there will be other people and new projects entering the crypto market. What we can do is to increase our vigilance and observe the project team and background more for new projects. Don't put all your money in the crypto market.
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Topic
Board Bitcoin Discussion
Re: At What Age You Got into Bitcoin and also Trading?
by
My ThuiHa
on 05/01/2023, 08:16:22 UTC
I heard about Bitcoin in 2016. I didn't think much about Bitcoin at first. Later, my friend bought a little bit and sold it after Bitcoin rose. He explained to me that it was an investment to speculate. I started to study Bitcoin. Later I classified Bitcoin as a store of value like gold. Bitcoin is worth more than its price.
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Topic
Board Bitcoin Discussion
Re: Long-term Bitcoin accumulation continues
by
My ThuiHa
on 05/01/2023, 07:45:35 UTC
I think Bitcoin is a long-term investment asset, and investment products will definitely decline, so don't worry. You can make your own plan and buy where you think is appropriate. After one or two years, you are checking whether your assets have doubled.
If you want to invest in the short term or choose altcoins, altcoins can bring you huge profits in the short term, but the risk is higher than Bitcoin.
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Topic
Board Bitcoin Discussion
Re: Bitcoin will not become the world currency.
by
My ThuiHa
on 05/01/2023, 06:54:27 UTC
The Bitcoin network is the first truly global payment system. It respects no borders, is never closed, is owned by no one, and is accessible to everyone. Now people still invest more in Bitcoin than use it.
If Bitcoin is allowed to be used globally by governments, that will be the pinnacle of Bitcoin. Can bring convenience to people. More people will use Bitcoin. Bitcoin needs to be allowed by the laws of each country to become a world currency, otherwise it will be very difficult.
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Topic
Board Economics
Re: Your way of living the wage what you need to live normal life
by
My ThuiHa
on 05/01/2023, 05:59:28 UTC
Although my salary is gradually increasing every year, the prices of commodities are also increasing. My current salary is enough for my daily life, and I can still invest 10% of it. I found out through chatting with my friends that many people's wages are just enough to support their families. If you want to be rich, you need to do another job. Everyone has their own way of life. I choose to invest my money, and my friends choose to travel with their own money. This is a good way of life.
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Board Bitcoin Discussion
Re: Should your wife or husband know your seed phrase?
by
My ThuiHa
on 04/01/2023, 08:42:46 UTC
If you are worried about your family, you can write your mnemonic words into your will in advance. I chose to tell my family. I trust my family. And everything I do is for the betterment of the family. We all know each other's passwords. We had no secrets before, and of course we would give both parties some private space. If you don't trust your wife or husband, after discussion, you can pass laws to make some rules before marriage.
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Board Altcoin Discussion
Re: Why you should be very careful with alts
by
My ThuiHa
on 04/01/2023, 08:05:48 UTC
Bitcoin is the prime choice for long-term investment. Altcoins are the way to make profits in the short term. Altcoins are more risky than Bitcoin. Learn more about the project itself before investing in the altcoins you see. Don't be fooled by "surfaces". Many altcoin projects are scams. Don't trust strangers easily. No one wants others to be luckier and richer than themselves.
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Topic
Board Bitcoin Discussion
Re: What would you do if you get a time machine now?
by
My ThuiHa
on 04/01/2023, 07:43:32 UTC
We want to go back in time because we already know what happened now. We know what we have to do.
But nothing is certain about the future. All decisions are made because of your own bravery. Really makes you do something "outrageous" right now, can you do it? So there is still a plan to do things. Don't dwell too much on the past.
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Topic
Board Altcoin Discussion
Re: What's your opinion on the future of Decentralised exchanges
by
My ThuiHa
on 04/01/2023, 07:00:18 UTC
Decentralization will become the trend of the future. Decentralization promotes security, transparency, financial inclusion and regulatory clarity, and empowers individuals. People then trust decentralized exchanges more than they trust centralized exchanges.
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Topic
Board Bitcoin Discussion
Re: Bitcoin can be banned or stopped by governments
by
My ThuiHa
on 04/01/2023, 06:13:52 UTC
The government sees bitcoin as a threat to traditional currencies, threatening to undermine central banks' control over money.
Many countries have promulgated laws and regulations that prohibit Bitcoin, but after a period of time, they announced that Bitcoin is allowed to be accepted.
It is difficult to implement a ban on Bitcoin in many countries unless the government fully controls the Internet. Such an approach will lose popular support. People will have some overreactions.