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Showing 20 of 624 results by mrongos
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Topic
Board Economics
Re: Trading we cause you more damage than investing.
by
mrongos
on 08/03/2025, 22:28:58 UTC
If someone trades without having knowledge, skills or even without doing analysis I think they are not traders but rather people like that are gamblers, because trading is not just guessing up and down but must have logical analysis both technically and fundamentally which are very important elements in trading.

Money management, emotional management, strategy is one of the elements that must always be present in trading, it really doesn't make sense if you don't have that and keep forcing trading, the defeat will be much greater than the victory in trading, those like that will only give alms to the market. LOL
You are right, when someone trades without having knowledge of course they only hope to get lucky from their trade and if luck is not on their side then they must accept the loss due to their own actions and first take the time to learn trading before deciding to trade is the right decision for anyone who wants to start because some people who already have experience still experience failure, let alone those who do not understand anything but choose to enter trading of course this is very wrong there will be many losses experienced if they force themselves to trade without having any knowledge about it.

I still wonder why some one will go into trading hoping to make profit without having any knowledge that's gambling if you ask me cause that's the only thing that requires zero knowledge to begin and you gamble and hope to be lucky before you can make profit. Experience traders also lose in trading but you can't compare a trader with experience and a total newbie in trading. The losses will be too much and the treader will not withstand the amount that he will be losing everyday unless he is willing to stop trading till he gets knowledge.
Going to the trading field without having adequate knowledge is by no means something that can be looked at or done superficially. There is no certainty in the market and such a person will have a challenge managing the decisions made. Others, who get used to it, perform improvement that is not always proper to the expectations; however, they have learned how to overcome it. It is unlike a person who is still new and has no well laid down structure to counter the forces that exert pressure to change the prices. If not well prepared than the challenges faced may be much higher than one is capable of handling.
Post
Topic
Board Economics
Re: Everything you wanted to know about Bitcoin Strategic Reserve
by
mrongos
on 08/03/2025, 22:18:10 UTC
Market has reacted negatively which is ridiculous really. Bitcoin has just been confirmed as a real world asset, who cares if the US isn’t buying more right now. They are classifying Bitcoin as a Strategic Reserve, it’s incredible. Whoever sold is so dumb & will regret it incredibly. Once all this tariff FUD is out of the way we will fly to new all time highs. Do not sell any of your Bitcoin yet.
This implies that things in the world of finance do not always follow the short-term trends that people may tend to set for them. Thus evident has been an asset that is progressing in the global system while having its appeal and that doesn’t change because of short-term market outcome. The thing is, when a person gets the idea of an asset, they will not quickly act on it. This is never going to be a static situation in a dynamic environment which this particular niche is. This is because more and understanding that an asset has been accorded means that it will be more secure in the future even if some might not have the same view.
Post
Topic
Board Economics
Re: What's your choice between a serial entrepreneur or a corporate entrepreneur?
by
mrongos
on 08/03/2025, 22:12:57 UTC
Both enterprise is going to still make me some profits, right?  So it would depend on my passion for the very business at the time and what whoever is offering to buy from me is offering too.

If it's some business niche which I have been able to expand and looking at the competition within the business environment forecasting the future and I see I have large chances of my business surviving then I could hold on to it but whereas I couldn't see myself beating the reach with the increasing competition, I think I selling it for good value would be just fine to me. I could just start off with something else different again.
Business is always full of options and thus any option that is chosen is likely to have its worth. If there is still the potential for the business expanding and if we are interested in expanding it then yes, it may be for the best to continue. However, if there is a chance to gain decent results with sales and if we need to try something new, that is also a step that may help in this case. This means that no minutes decision is the best decision as such because it all boils down again to belief regarding the steps to be taken. However, when there is knowledge and careful approach to it, both maintaining and selling supply the same effective results.
Post
Topic
Board Economics
Re: Benefits of owning a business??
by
mrongos
on 06/03/2025, 23:54:36 UTC
Owning a business comes with many benefits such as financial Benefits cos your income won't be like a regular monthly salary, the more successful your business the more you earn.
You will have money coming in every day that helps you cover day-to-day expenses instead of waiting for a monthly salary before you can cover those expenses.

Easily said than done. Bruh I am telling you right now, only a few succeeded in this line of work. You really need to put not just extra effort but almost your soul to it.

Let me tell you a little bit of experience in my case, I was once fond of just writing and posting things here just like now but them stopped because of business. I won't be telling you now if it somehow succeeded because right as of this moment I am looking for other extra funds just to make ends meet, and yes my business did not went well, that's the end of my story,.

If somehow given another chance, I am sure I will do it again and this time stronger, wiser, much much better than it was before. There goes a saying that "what doesn't kill you makes you stronger? Ain't that right?
Life does not always turn out the way that was planned and it takes an individual to change its course. Nevertheless, in every situation, we always can turn it into English and have something to gain. This means that one should not consider a failure as the loss of all chances but a process that shapes one’s future potentials. Whenever something fails, it does not have to mean that the action was fruitless, but instead, it may signify that there is another method that can be effective. Each instance may have a benefit and said action does not exist to be wasted so long as one is attempting something. From all this we can definitely tell that we have a very strong determination and that should be taken as strength.
Post
Topic
Board Economics
Re: Financial education begins from home.
by
mrongos
on 05/03/2025, 23:39:41 UTC
yes that's right, financial education must start from home, I didn't get that from my parents but I have to do that to my child, seeing how Chinese people educate their children to be very disciplined in finance in my environment and most of my Chinese colleagues also say the same, skills in managing finances and turning money over since childhood become a very big capital in making financial decisions in adulthood, I totally agree with this.
Agreed, teaching of possession of knowledge for effective control of finances from the early stages in life is a valuable asset of life. That is why, when a person is used to perceiving money as not just a tool to satisfy immediate desires but as something that should be planned for future, then the financial actions made in the adulthood will be more purposeful. Some of us did not have that provision from childhood but it does not therefore elate that the next generation should go through the same thing. Giving lessons to children on understanding, building, and achieving the value of money as well as teaching them to think far-sightedly every time they start earning money is an approach that may bring positive gains in the future. Not only the amount of money, but also the approaches to its spending are more planned and reasonable in this case.
Post
Topic
Board Economics
Re: People around us and investing.
by
mrongos
on 05/03/2025, 23:23:12 UTC
What exactly is your goal when it comes to people around us and investing, is it to have everyone investing, or to have everyone around us not just investing, but investing in bitcoins?

How will you feel if after you try convincing people around you to consider investments especially in bitcoins and they end up investing in another thing not bitcoins?
I myself always feel happy when people around us are aware of the importance of investment, so I try my best to educate them to invest but still not force them to follow what I want because the decision is in their hands, but I will say that bitcoin investment is the best for now.

If asked how I feel if they don't invest in bitcoin, it doesn't matter, the important thing is that we have given an overview and accompanied by the risks. If they choose something else, that's their choice, but what is clear is that investment is an activity or process of investing capital for the long term, with the aim of obtaining greater profits or results in the future.

So even if you don't invest in bitcoin, it won't be a problem, the important thing is that they have to change their mindset that investment is something that must be planned early on, even if it's only investing in gold or property but the goal is the same, namely preparing for financial freedom in the future. But what is certain is that each investment has its own characteristics and advantages, and of course all investments also contain risks, because there is no guarantee that the value of the invested assets will always increase in the near future.
One thing that is quite useful is to assist the people in our society or the community around us to be in a position to look at how they can be able to manage their finances in a proper way. This is especially because everyone has liberty to decide on how they are want to plan for the future financially and this completely depends with them. It is impossible to define flawless approach for all the persons, because everyone has own wants, aims, and level of readiness to solve some financial issues. The most important aspect of it is the knowledge that long term investment is not solely for the purpose of making profit and gaining money, but in a way, is a type of working towards having a stable economy in the future.

Certainly each of the picked asset possesses properties, some are volatile and varying greatly, some are stable and many remain at the end of the timeframe. Everything has its risky aspect, and that which is risked cannot be the least whose value is not considered. That is what it means that no matter what has been chosen, in this case market orientation, it will always have some benefits as long as the vices that come with it are well handled. The more important was not the focus on a type of investment but on making ourselves develop that kind of thinking pattern which would not stop at mimicry of the present. Thus, what is invested today can be rather meaningful provision in the future or just the contrary – an expression of people’s despair of ever having a chance to achieve anything of worth in the future.
Post
Topic
Board Economics
Re: The free things are the most expensive!
by
mrongos
on 05/03/2025, 23:17:14 UTC
Google and TikTok may seem free, but every click and scroll you make gets packaged into a "user profile" and sold to advertisers. Take Facebook, for example—it makes about $50 per user per year just from their data. In the internet age, if you're not paying for the product, you are the product.
They offer services and pleasure that we certainly get but on the other hand they get benefits in terms of traffic and of course the privacy that we have for now is actually very difficult so in this case we cannot deny that there is a price that is appropriate or that must be paid when we really want something.

It is a business that is sometimes not realized for them, especially lay people who sometimes say that everything in the form of free services like this without conditions but in the end we realize that apart from our privacy, we also end up becoming an object because after all for now we as internet users and users of several applications like the ones you mentioned have become an object for their benefit in the business that is done so even though we consider some search engines or social media free but in the end we ourselves are the ones who provide benefits for the business they are developing.
The thing that people need to realize is that they are not doing something shady, not something illegal. Just because you are sharing your own stuff online, doesn't mean they shouldn't use it, they are free to use whatever you upload there. It could be your thoughts and ideas on twitter, it could be your food or images on Instagram, or it could be some sort of short videos on tiktok, doesn't matter.

These companies are offering you a free service like you said which means they need to make money some way, so marketing is the only way. The only illegal part, would be anything like Cambridge Analytica type of thing, if anyone abuses it then it is going to be a trouble and will shape the future of the world to highest bidder, that is the only bad.
The practise of sharing information and sharing opinion over social media can be considered as a norm in the present society. It is written in the nature of the internet that everything that we post online is open for the public domain; they are free to access, utilise or even misuse. Any service that operates for free generally has working strategies on how the it will continue to run, the data we give out is precious. Until such a time that its usage reaches a point where it is detrimental to society, it should not be a cause for concern. That which is worrying is the use of such data for a negative agenda or if it is altered in any way without permission. Thus, openness of the managers who handle such information is something that defines how the context of the digital world will evolve.
Post
Topic
Board Bounties (Altcoins)
Re: 🚧[OPEN] Hexydog Signature Campaign | Audited by SolidProof | Bounty Increased
by
mrongos
on 27/02/2025, 00:06:03 UTC
Username: mrongos
ETH/Metamask Wallet Address: 0xbBCe19dfe0C1498c5f69CD2F4229b393705d5Fc2
Post
Topic
Board Games and rounds
Re: Livecasino.io - 🔥 Review Campaign 🔥
by
mrongos
on 24/06/2022, 09:42:02 UTC
Before we register and carry out activities on the slot wallet website, we are required to read and browse in order to better understand and better understand the conditions set by the livecasino, after I searched and played the livecasino I am very satisfied because the slot wallet is installed with basic protection to guarantee and ensure responsible game, livecasino also provides entertainment in a positive form, we are also very easy to make a deposit because there are so many choices offered by livecasino
Like BRI, Mandiri, BCA, we can also make deposits with credit, I always deposit Telkomsel credit, the method is also very easy, we only need to type *858*destination number*total pulse#then we just press deal and call,
username: mrongos
btc address:1BsSNmsZtnVZBFeKXvj5jcpAoQNHomS2gb
Post
Topic
Board Bitcoin Discussion
Re: What's your opinion on Jack Palmer's thoughts on cryptocurrency?
by
mrongos
on 28/08/2021, 14:45:19 UTC
Lost your savings account password? Your fault. Be a victim of a scam? Your fault. Billionaires manipulating the market? They are geniuses. This is a dangerous type of “free for all” cryptocurrency capitalism which is unfortunately designed to facilitate from the start. From Jack's tweet we can conclude, we must not trust anyone, we purely have to have our own thoughts in the crypto world, we are not encouraged to hate people, but we have to learn from each of their posts...
Post
Topic
Board Bitcoin Discussion
Re: Who's gonna buy Tesla using Bitcoin?
by
mrongos
on 28/08/2021, 14:35:02 UTC
who will buy a Tesla using bitcoin, maybe for those of you who have a lot of bitcoin it will be easy for you to buy an electric car, but for now I don't have bitcoin to be able to buy an electric car, maybe in the future I will try, because for now I'm still new in the crypto world.. with me entering this forum, I have gained a lot of experience in this forum..
Post
Topic
Board Bitcoin Discussion
Re: Pay with Bitcoin
by
mrongos
on 28/08/2021, 11:48:17 UTC
we can say this is a very good idea, if you accept payments in bitcoin, because we can make payments in just two easy ways i.e. scan and pay. No need to register, swipe card, type PIN or sign anything. All it takes to be able to accept Bitcoin payments is to display the QR Code from the bitcoin wallet app and allow the other party to scan your phone, or touch both phones at the same time, hopefully with you accepting bitcoin payments, can make it easier for us, and people who want to learn more about bitcoin..
Post
Topic
Board Bitcoin Discussion
Re: Bitcoin as primary currency
by
mrongos
on 28/08/2021, 11:37:00 UTC
bitcoin as the main currency in your company it could be, if you want to pay your employees' salaries with bitcoin it's fine, as long as they accept and in your country can buy goods with bitcoin, but in my opinion bitcoin is a currency in digital, especially in my country the government has not allowed the purchase of any goods with bitcoin, personally I will receive part of my salary in bitcoin, to be used as an asset, and partly I receive in fiat currency, for my daily needs..
Post
Topic
Board Bitcoin Discussion
Re: The Crypto bans are temporary, we are on the right side of history.
by
mrongos
on 27/08/2021, 14:55:06 UTC
the crypto ban is temporary, maybe this is the right answer to answer every question that exists, because we see politics continues to run, many people want power, maybe someday there will be smart people who are interested in crypto money, can lead a government, like the state of el salvador..
Post
Topic
Board Bitcoin Discussion
Re: Can Bitcoin possibly become the Skynet of human civilization?
by
mrongos
on 27/08/2021, 14:48:18 UTC
Skynet is the name of one of the secret programs used by the United States National Security Agency (NSA). if you say can bitcoin be the skynet of human civilization, in my personal opinion, I will say no, my reason is because bitcoin is crypto, because bitcoin one day later if it is very popular it will definitely become a legal currency..
Post
Topic
Board Bitcoin Discussion
Re: Why should other countries did not accept Bitcoins?
by
mrongos
on 27/08/2021, 14:34:25 UTC
To our knowledge, Bitcoin has not been declared illegal in most countries. However, there are some countries (such as Argentina and Russia) that strictly prohibit foreign currency. Other countries (such as Thailand) restrict the licensing of certain currency entities such as Bitcoin exchanges. Policymakers from various countries are taking steps to provide regulations for individuals and businesses on how to integrate this new technology with the regulation of the formal financial system. For example, the Financial Crimes Enforcement Network (FinCEN), a bureau of the United States Department of the Treasury, publishes a freelance guide on how governments deal with certain activities related to virtual currencies.
Post
Topic
Board Bitcoin Discussion
Re: What make people panic sell?
by
mrongos
on 27/08/2021, 14:20:06 UTC
those who panic to sell bitcoin, maybe they are not mentally ready to enter the crypto world, because most of them are still weak, and are still too easy to believe in people's negative posts about bitcoin, they don't have a fixed stance, maybe from that factor they panic and immediately sell their bitcoin, when the price is unstable..
Post
Topic
Board Bitcoin Discussion
Re: Google bans 8 crypto apps
by
mrongos
on 26/08/2021, 16:10:53 UTC
This is a very good step taken by Google, because Google has helped beginners who are just learning about bitcoin like me, so as not to be deceived by those who are greedy, Crypto applications that are reported to be fraudulent include mining services, such as BitFunds, Bitcoin Miner, Prizes Daily Bitcoin, Crypto Holic, MineBit Pro, Bitcoin 2021, and Ethereum — Pool Mining Cloud. This list also includes a crypto wallet service called Bitcoin — Pool Mining Cloud Wallet.
Post
Topic
Board Bitcoin Discussion
Re: Google bans 8 crypto apps
by
mrongos
on 26/08/2021, 16:10:03 UTC
This is a very good step taken by Google, because Google has helped beginners who are just learning about bitcoin like me, so as not to be deceived by those who are greedy, Crypto applications that are reported to be fraudulent include mining services, such as BitFunds, Bitcoin Miner, Prizes Daily Bitcoin, Crypto Holic, MineBit Pro, Bitcoin 2021, and Ethereum — Pool Mining Cloud. This list also includes a crypto wallet service called Bitcoin — Pool Mining Cloud Wallet.
Post
Topic
Board Bitcoin Discussion
Re: Bitcoin could destroy economy
by
mrongos
on 26/08/2021, 16:01:46 UTC
Bitcoin is the savior of our economy. I would call it a Reorganization.
I really agree with your review, bitcoin can save the world economy which is down due to the pandemic that hit the world, I also don't agree with the opinion that bitcoin can destroy the world economy, because the proof is bitcoin has been able to make people comfortable and have and make their finances slightly improved..