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Showing 20 of 292 results by itorai
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Board Economics
Re: Holding money in bank you hold nothing
by
itorai
on 04/01/2025, 10:42:20 UTC
I don't think it's wise to keep money in the bank, especially if it can be invested in something real instead of keeping it in the bank.  Instead of keeping money in the bank, it would be better if it could be invested in land, real estate, or Bitcoin. But money can be kept in the bank, it should be in the form of fixed deposit so that a certain profit is available at the end of the year.
Yes, that is the right choice to always pay attention to rather than saving money in the bank, it would be better to think in that direction, by using the money for things that can increase the value of the money in the future, by investing it becomes a good opportunity, because if the money is saved in the bank, every month there will definitely be a monthly fee deduction.

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Topic
Board Economics
Re: this is why you are poor or rich
by
itorai
on 03/01/2025, 22:36:02 UTC

So what about the lives of people who are in those countries and they have no chance of getting out in a life full of corrupt government, violence and no resources that could lead them to a much better life. There is almost no choice for people there because they have to endure the bad life that they live in and out there people easily think of getting out of economic hardship. Nobody expects this kind of life and if there is an opportunity they will definitely leave that place to find a much better life.

But it's all complicated for them and there may be no chance that they can get a better life. Poor countries are usually prone to corruption in government, violence and a life without good social control and this is influenced by people's difficulties in reaching a better stage of life in making money.
in the midst of an uncertain economy, it is very difficult, for some poor countries to change the situation with the welfare obtained is very difficult because of various factors that are the reasons, and they have to try harder to generate finances  of course it is not easy, it takes time to overcome all that depending on the leader in the country.

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Topic
Board Altcoin Discussion
Re: why people panic and selling alts ,they might dont what will happen in next mont
by
itorai
on 02/01/2025, 13:39:51 UTC
Altcoins are not looking that strong to be fair, most of them at least, and that's why people are usually afraid. The reality is that we are not going to end up with a return that would not be all that simple and because of that I believe we are not going to get a great return as well.

So, this is why I think it's a really good period to have something good in return, we need to be careful about that, and if we can make that happen somehow, then we are going to benefit from it at the same time as well. This isn't a simple solution, but at the same time this isn't something you can change in people. Alts are just not as good looking as bitcoin, they do not look that strong and because of that people get out a lot quicker from alts.

it all depends on the assessment that is done and it shows how much interest they are running, and indeed it is a clear comparison to see, because altcoin and bitcoin will highlight their respective abilities when in the market depending on how we assess it, and people will get out of altcoin and that is the best decision for themselves.
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Board Altcoin Discussion
Re: Taking profits
by
itorai
on 02/01/2025, 08:40:19 UTC

To take profit, we each have our own methods and must follow our instincts by carrying out various analyzes with the information we get. and I have taken enough profit from Dogecoin that I have been holding it since mid-2024. because I really believe that Dogecoin can give me a profit.The point is that we have to believe in every decision we have made.

it is the right decision that needs to be taken, from self-confidence that is what is needed for now, it all depends on us who decide many ways to get profit, with staking I also get profit even though not too much but it can be expected and is a reason to always continue to do it.
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Topic
Board Altcoin Discussion
Re: Monero (XMR) is by far the most undervalued crypto token if you ask me.
by
itorai
on 01/01/2025, 22:35:12 UTC
Due to its disadvantages like scaling issues and being hard to use, Monero has not been able to attract enough interest to go up as high as some people expected it to. This is why its current price is at this level. In other words it may not be as undervalued as you might think just because it also has some advantages.

Indeed, so far Monero has not been free from the advantages and disadvantages that exist, depending on how they assess it from different angles and user experience is much more important regarding wallet choices and transaction matters, even so, everything has been fixed to improve better efficiency of use for the future and that continues to be done.
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Topic
Board Altcoin Discussion
Re: Will 2025 be Solana season?
by
itorai
on 01/01/2025, 13:22:56 UTC
SOL has been showing steady progress. Interesting thing is that the Solana ecosystem has physical meetups in my country, and the team is actively pushing for its wide adoption.

Investing time and strategies into SOL might seem uncertain, but it's worth considering, I mean every coin is until it gains ground.  Currently,  paws airdrop is using SOL Wallet for their airdrop claim. 

It actually shows good potential, and although it might experience drops a few times, no coin is immune to that. I think the owners of the Solana ecosystem are ready and are investing in making SOL stay in the crypto ecosystem.
that's the interesting thing about solana and maybe everything will be gradual, with the potential for faster growth and recovery than other coins, and making solana a concern for investors, especially those in of altcoins, although everything can change but after seeing the market shows there is an increase and interest of new developers with a rapidly growing ecosystem.

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Topic
Board Economics
Re: Food and resources waste on the world interesting stats
by
itorai
on 27/12/2024, 23:14:38 UTC
One way to conserve produce is to buy foodstuff as you see your average food needs. Excess can be given to needy, which can be your next door neighbor or a local slum or maids.

It does hurt to see certain people wasting food, but from where I live, wastage is minimal and either they feed to to animals or to the needy slum kids.

Statistics may so otherwise, but as long as we are doing as much we can, it is fine.

by not doing waste food, everything needs to be arranged as economically as possible, especially in terms of food that covers the needs of many people, because the loss of food or crop failure is one of the causes of starvation which is a disaster for everyone, therefore buying food that is in accordance with the portion that you eat without being excessive is much better.
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Topic
Board Economics
Re: Food and resources waste on the world interesting stats
by
itorai
on 27/12/2024, 23:03:41 UTC
One way to conserve produce is to buy foodstuff as you see your average food needs. Excess can be given to needy, which can be your next door neighbor or a local slum or maids.

It does hurt to see certain people wasting food, but from where I live, wastage is minimal and either they feed to to animals or to the needy slum kids.

Statistics may so otherwise, but as long as we are doing as much we can, it is fine.

by trying it is much better not to waste food, everything needs to be arranged as economically as possible, especially in terms of food that covers the needs of many people, because the loss of food or crop failure is one of the causes of starvation, therefore buying food that is in accordance with the portion that you eat without being excessive is much better.
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Topic
Board Economics
Re: Joblessness
by
itorai
on 27/12/2024, 13:11:06 UTC

A person’s first instinct when they lose their job is to find a new one right away. But it wouldn’t hurt to take a few time off and reflect why you lost the job. Maybe there’s something you lack. Maybe there’s something you can improve. Maybe you can invest in yourself more and learn new things. Learn new skill sets. Explore and experience new more things that could help you land a better and more stable job in the future.

Unfortunately not everyone has the privilege to not work and focus on themselves that’s why they never improve in terms of the job they land on. Since they don’t have the time to focus on themselves and their skills, they remain only on a specific level and their wages are also the same.

they find it difficult to find ideas to escape from unemployment and it is indeed not easy, to get back up when you lose your job, of course it takes thought and expertise in getting your job back, the most important thing is not to repeat the same mistake a second time, and think about the economic potential for the future to get out of the problems that occur.
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Topic
Board Altcoin Discussion
Re: Anyone interested in NfTs?
by
itorai
on 25/12/2024, 13:40:17 UTC

I creat NFTs of all kinds based on your description. bitcoin talk has great and intelligent  people, so am willing to sell on a cheaper rate for any interested persons. i have been in the business for a long time till a friend referred me to bitcoin talk. hope am welcome  Smiley

I think by entering and offering to bitcoin talk will see all of that with their respective opinions about this NFT which of course will see what offer, it's a good effort by creating NFT and introducing it, yes all there are assessments that will be applied and indeed all need effort to convince, and that needs to be done better results.
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Topic
Board Altcoin Discussion
Re: Question about cheap coins under 1$ need to ask how to make profit
by
itorai
on 25/12/2024, 11:28:11 UTC
Finding an altcoin at that rate that'll hit $1 would be difficult, that doesn't mean some of them don't pump, but it could take a very long time. Though most of them end up becoming dusts as investors take away their funds. So, it's not advisable to go after low level altcoins with no future potentials. Unless you belong to the project's community on social media and is sure of the team's effort to lift up the coin by fetching investors, then holding it for a longer moment would be preferable, and beneficial.

from the beginning of altcoin for $1 it is difficult to achieve it, although to get results from it you need to see the market situation first, but I think investors see it all and they will start to enter it of course it takes patience to wait for it to get something expected, but it is an interesting choice even though development continues and there is potential for increase prices in the future.

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Topic
Board Altcoin Discussion
Re: When will you sell your alts?
by
itorai
on 25/12/2024, 00:37:13 UTC
Well it’s never a good idea to sell your entire stack but there are times when taking profit is essential. Altcoins still seem to follow the standard four year Bitcoin cycles which most of us are familiar with. Obviously the answer to your question is to sell when you are in profit. To maximise your profits though you should sell some in halving year and one year post halving, specifically the year post halving so that’s next year.

that way you can take advantage of the halving, and that is an effective way even though it does not always affects the price that occurs in the market, but of course it depends on demand that is done by taking advantage of the increase, but in reality it depends on your own research in the market and that can also determine the direction that is expected.
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Topic
Board Altcoin Discussion
Re: Taking profits
by
itorai
on 24/12/2024, 23:39:39 UTC

By setting targets, you can also create other rules such as making withdrawals from your initial investment capital. For example, if you invest $1000 and your altcoins investment makes a profit, withdraw the $1000. Then, you will have the remaining tokens from your investment, which can be your net profit. You can hold it longer or withdraw it all.

Yes, the need for a target to be achieved in an investment in altcoin is the most expected, by waiting for every movement that occurs, it is important, even though it takes time for every investment that we apply, it is clear that by setting a target from the start it becomes a goal so that you are more focused on investing and more directed, and maximize the results obtained.
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Topic
Board Economics
Re: The economy is not hard
by
itorai
on 21/12/2024, 22:53:57 UTC

You guys just type what comes to your mind without considering other things about life. Hard economy means hardship everything about the country, with hardship you should expect business to fail and expect companies to go bankruptcy, expect shortage of sells when people do less patronage and that's means more companies will have to fold up and other investors will running away with their money to invest elsewhere, this why bad economy isn't good.

Do you think everyone in the country will be able to manage if there is high inflation? No matter amount of money you earn, once there is general increase in price of goods and services, you will feel like crying because your purchasing power has just been reduce depending on high the inflation goes. Even if you earn in a million and you experience 20% of inflation, just know that you know longer earn $1m, you now earn $800k, this is why hard economy is bad.

In terms of economic difficulties, it is the first in the life that we live, especially with the inflation rate which makes the value of money become less, and that makes it a difficulty that must be faced, the pressure on the economy which continues to be difficult makes us work even harder, even so, to achieve the welfare that we hope for is difficult to achieve.
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Topic
Board Economics
Re: Focusing too much on money often leads to not making any
by
itorai
on 19/12/2024, 22:43:08 UTC

But our life would be worse without money. How can you have a fulfilling and satisfying life without money when everything in our society is bought with money? Do you see poor people saying they are satisfied with their current life and don't need money? But I can assure you that not all rich people are satisfied and happy with their lives but most agree with that.

Sometimes, chasing money can make us miss out on precious moments in life, but without money, we cannot enjoy anything in life.
Money can't buy or guarantee happiness, but at least people with money will feel more satisfied and happier than people without money.

that is the true reality that occurs in our lives, it is a fact that we all need money to meet the needs that we want, it cannot be denied that in today's modern world money is the main priority that is always needed, sometimes to get money we will lose moments of togetherness with family, even so we still live to get money for a better life.
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Board Altcoin Discussion
Re: what do you think of my altcoin portfolio?
by
itorai
on 19/12/2024, 10:10:17 UTC

That's a lot of choice you have in there, I can't track all of them on how they did this bull run. But for sure you OP was able to do that and you're on track with them. Just a friendly reminder that many of these alts can be good based on your research and bias but don't forget your one goal, and that's to profit from them. And whenever you see that you're good to go and got a decent profit with any of those, always get that reward and reward yourself first.
That is the goal that needs to be considered, it is the main thing in getting the a profit, and allows investors to always see the changes in altcoins that could occur, from that it is necessary to have proper management, in building the basic things that we need to always understand, of course to get what we want.
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Topic
Board Altcoin Discussion
Re: How do you spot new launches and get in early?
by
itorai
on 18/12/2024, 22:53:28 UTC

You still have to be careful about what you invest in. Many people on the forums shill junk projects that they are invested in. They want to dump their bags on you, they want to use you as exit liquidity. Do your own research before you buy anything. You have to do your own risk assessments, you are the only person you can fully trust to cater for your own financial well being.

 need it is necessary to look towards the experience that you have, or that you have experienced, that is the most important teacher to be used as a guide when someone offers you a new project to invest in and that is the reason to always be careful, when someone offers you a project, the most important thing is to always assess it carefully, that is the factor that determines whether you enter or not.
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Topic
Board Altcoin Discussion
Re: How do you spot new launches and get in early?
by
itorai
on 18/12/2024, 22:42:46 UTC

You still have to be careful about what you invest in. Many people on the forums shill junk projects that they are invested in. They want to dump their bags on you, they want to use you as exit liquidity. Do your own research before you buy anything. You have to do your own risk assessments, you are the only person you can fully trust to cater for your own financial well being.

need it is necessary to look at the experience that you have, or that you have experienced, that is the most important teacher to be used as a guide when investing in a new project and that is the reason to always be careful, when someone offers you a project, the most important thing is to always assess it carefully, that is the determining factor.
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Topic
Board Altcoin Discussion
Re: Staking or savings: Which is better?
by
itorai
on 18/12/2024, 14:16:01 UTC
There may be a bug or security vulnerability in the protocol or software of the network where the stake is made.
In such cases, assets may be at risk, I cannot ignore this, so it is best to save.
In fact, it is best to be patient and save small amounts of bitcoin, in my opinion, it will be safe, if you distribute your assets to different places, there will be nothing left to think about.
When you stake, there will be a lot of risk that will make you think, which is very tiring, but ultimately the choice is yours. High risk, high profit or zero.

a choice that certainly needs to be determined, but there are many available for the stake and opportunities on binance that will be taken, maybe all of that requires proper thinking by taking one of them because it is very important to choose a validator that can be trusted, and that is an strategy to not worry about price fluctuations.
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Topic
Board Altcoin Discussion
Re: Can PENGU Poised to Become the Next Memecoin Giant?
by
itorai
on 18/12/2024, 12:34:17 UTC
It’s one of those memecoins where you ask yourself should you buy it. I am not giving financial advice here but it’s usually best to buy these coins before they get listed on major exchanges. I won’t be buying it but it could definitely rise in price significantly. It’s just not something I would put any more than 5% of my portfolio into.

This is an interesting thing with the potential and growth that exists, over time the increase in this pengu coin becomes its own attraction, there is nothing wrong with buying, with the limitations that need to be seen about the opportunities that may exist, with the potential for its increase and that makes it an investment attraction by visiting existing trades.