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Showing 20 of 27 results by RolonNigel
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Board Economics
Re: Russia To Legalize Use Of Cryptocurrency In International Trade
by
RolonNigel
on 28/12/2022, 09:13:49 UTC
Because of energy issues, Russia must pay attention to this issue. Natural gas is used more in winter. However, no country can completely ban Bitcoin.

Cryptocurrency activities were previously banned in Nigeria, but the use of cryptocurrencies has finally been allowed. I think there will definitely be many more examples like this in the future.

Bitcoin will definitely be used globally, it is only a matter of time.
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Topic
Board Economics
Re: Retailers make more profit than wholesalers during inflation.
by
RolonNigel
on 28/12/2022, 08:44:49 UTC
The biggest victims are the unemployed and the urban residents who rely on the urban subsistence allowances to make ends meet.

The rich use the large amount of funds in their hands to purchase value-preserving and value-added commodities, obtain high value-added profits from them, and become richer.


Issuing a large amount of currency and creating inflation is the most convenient way for the country to plunder social wealth.
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Topic
Board Economics
Re: Use your money wisely. Invest or Deposit ?
by
RolonNigel
on 28/12/2022, 08:19:26 UTC
For ordinary people, both of these are equally important must-haves—and what can be called the optimal solution is not managing money or saving money, but earning money!

If you have a certain amount of savings, you can manage money while saving money. Don’t move your previous savings. You can allocate half of your income for investment every month, and operate according to the ups and downs. Even if you lose money, it will not have any impact on your fundamentals.
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Topic
Board Economics
Re: It's Simple to understood now cash is king again
by
RolonNigel
on 28/12/2022, 07:33:02 UTC
Now depositing money in the bank can maintain the liquidity and stability of assets, but inflation is not formed in a day or two. We have no perception.

Our feeling may be that we eat three big meals a day today, and gradually become one meal a day, and finally become a big meal that we can't afford. Want to remedy the discovery has been too late.


Split your money into different events, set up different accounts for classified management, some are for buying a house, some are for children’s education funds, some are for honoring parents, some are for travel funds...
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Topic
Board Economics
Re: What was your lowest point financially? How did you go through it ?
by
RolonNigel
on 28/12/2022, 06:04:10 UTC
I'm not particularly low, I like to plan anything. There was probably only one time when I made an investment and spent more money than I planned. I misjudged and lost half my money. I will follow the plan carefully in the future. Even making money is within the plan. I admit that I am a cautious person.
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Topic
Board Economics
Re: Hope for cryptocurrency in Nigeria.
by
RolonNigel
on 27/12/2022, 09:12:35 UTC
Nigeria's trading volume is second only to the United States, and it has a huge "bitcoin fan system".

Nigeria to ban cryptocurrency activities in February 2021.

Nigeria in September 2022 entered into early-stage discussions with cryptocurrency exchange Binance to develop a crypto-friendly economic zone aimed at supporting cryptocurrency and blockchain-related businesses in the region.

"The government only cares about interests."
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Topic
Board Economics
Re: The impact of Russian and Ukrain war on world economy
by
RolonNigel
on 27/12/2022, 08:55:15 UTC
Where there is war, there is loss. Recovery after war takes time. War doesn't just affect the two countries at war. Other countries will also be relatively affected.

“Russia has stopped releasing some economic data, but it also faces a deep recession, while the U.S. doesn’t appear to be headed for a recession right now, but growth is slowing and consumers are pessimistic.”
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Topic
Board Economics
Re: The poor people with their reasoning
by
RolonNigel
on 27/12/2022, 08:00:29 UTC
Because the poorer you are, the more vulnerable you are to accidents and serious illnesses; the poorer you are, the more you cannot afford to lose in the investment market; Only by working hard can you live the life you want; the poorer you are, the more lack of financial and business education and limited thinking, the more you need to fill up the shortcomings through self-education; the poorer you are, the earlier you have to start doing everything well Prepare.
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Topic
Board Economics
Re: What is your biggest obstacle to achieving financial freedom ?
by
RolonNigel
on 27/12/2022, 07:05:52 UTC
Not self-disciplined.

Achieving financial freedom is everyone's dream.

But when we formulate a plan for financial freedom, we must fully take into account the impact of inflation.

Make an investment plan based on your principal, income, expenditure, investment time and inflation rate, otherwise you cannot achieve financial freedom.

Work hard and get rich and free soon.
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Topic
Board Economics
Re: Saving one third what you earn monthly is not that hard, isn't it ?
by
RolonNigel
on 27/12/2022, 06:13:23 UTC
Yes, I divided my money into four. One is for daily necessities, one is for eating, drinking and having fun, one is for investing, and the other is for saving money.
I think we must do something in a planned way, and don't just do something as soon as you think of it. Plan your money. With more money comes more choices.
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Topic
Board Bitcoin Discussion
Re: Has anyone ever lost bitcoins before?
by
RolonNigel
on 26/12/2022, 08:54:52 UTC
Luckily I didn't lose my bitcoins. I won't click on links from strangers. Every time I send to the other party's address, I will check both sides and confirm to the other party whether it is correct. I think you need to be serious and careful with money. Otherwise your money may be cheated by others. The scammers are now highly skilled. Don't trust the words of strangers easily.
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Topic
Board Bitcoin Discussion
Re: Very thankful for what bitcoin has done for me.
by
RolonNigel
on 26/12/2022, 08:23:34 UTC
I met a lot of friends, and we discussed some cryptocurrency trends together. I also made a small amount of money with Bitcoin. I like bitcoin very much. I believe Bitcoin will play an increasingly important role in Europe's future digital technology future as the digital world continues to evolve.
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Topic
Board Bitcoin Discussion
Re: First time of owning bitcoin
by
RolonNigel
on 26/12/2022, 07:26:10 UTC
Very nervous and excited. Afraid that Bitcoin will disappear in the next second. Follow the news about cryptocurrencies. I have to look at the price of Bitcoin every day (maybe I will pay attention to the price of Bitcoin when I think about it). Bragging to my friends that I bought bitcoin.
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Topic
Board Bitcoin Discussion
Re: How important is fiat to Bitcoin?
by
RolonNigel
on 26/12/2022, 06:30:12 UTC
How to exchange Bitcoin if you don't have fiat currency. Some countries prohibit the use of cryptocurrencies, restrict Bitcoin, and people can only use legal tender. In terms of payment methods, people usually use legal currency to pay. Most bitcoins are used for investment and storage.
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Topic
Board Bitcoin Discussion
Re: Few Days To Christmas - How Are You Preparing?
by
RolonNigel
on 26/12/2022, 05:55:41 UTC
Christmas is over. I didn't spend my bitcoins. I had the intention of spending bitcoins, buying gifts for my friends, or giving bitcoins to my friends. But I restrained myself. I don't think it's necessary.
I had dinner with my friends, listened to music, and spent the day happily.
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Topic
Board Bitcoin Discussion
Re: When You Heard About Bitcoin For the First Time?
by
RolonNigel
on 05/12/2022, 03:59:39 UTC
is a summer. A friend told me that he made his first pot of gold (computer mining), and I was very curious. I learned some encryption knowledge from him. I feel very simple, I started to start, I found that Bitcoin can be invested (I usually research stocks, real estate and other investments). I started my investment journey.

I'm thankful my friends would tell me about Bitcoin. I lost a little money, but overall I made money.
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Topic
Board Bitcoin Discussion
Re: Why Bitcoin is the most Preferred Choice
by
RolonNigel
on 05/12/2022, 03:39:02 UTC
The anonymity of Bitcoin can protect people's privacy very well. Bitcoin is central among cryptocurrencies, and Bitcoin influences the price movements of other altcoins. You can use Bitcoin all over the world.


You can use Bitcoin to pay at supermarkets, convenience stores, and shopping malls. But don't just trust strangers and send money to others. If Bitcoin is cheated, there is a high probability that it will not be recovered.
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Topic
Board Bitcoin Discussion
Re: Strong Hands Are Buying
by
RolonNigel
on 05/12/2022, 02:50:03 UTC
Whenever the price falls, the number of people buying becomes larger. A lot of the faint of heart will sell their original coins. this is normal.
However, when the price is low, it takes a long time to wait until the price rises (at this time, it will test people's patience). After the price of Bitcoin rises, those who sell will regret not holding it.
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Topic
Board Bitcoin Discussion
Re: Will digital dollar be a threat to bitcoin?
by
RolonNigel
on 16/11/2022, 03:36:55 UTC
It will not pose a threat, and may promote the discovery of Bitcoin. Bitcoin is digital and has stored value, which does not conflict with the definition of digital dollars.
If this digital dollar is successful, then Bitcoin will also be positively affected, making it easier for everyone to exchange currencies.
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Topic
Board Economics
Re: Is long-term employee retention a losing battle?
by
RolonNigel
on 15/11/2022, 03:42:40 UTC
It is still necessary to distinguish the business of the company. If it is a sales company, the turnover of employees is very high. If it is a technology company, the boss will definitely find a way to retain core personnel.
Now the company has developed good benefits to retain core personnel. Employees will also want to leave because they are dissatisfied with the company's system, or they are not satisfied with the salary. Some employees of small companies change a group of people every week...