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Messages - emmybd

Pages: [1] 2 3 ... 8
1
Economics , Sociology & Politics / Re: Gold and Bitcoin
« on: Today at 04:55:17 PM »
Gold has always been one of the best assets to have. Many countries have also been holding gold as a reserve. It has always been considered as a reliable asset. There is no match between gold and bitcoin. Because bitcoin is quite new, a lot of people have not heard about it yet. So Bitcoin has a long way to go to be considered a safe asset.

2
It is true that money is the root cause of all evil. We are living in a materialistic world. If you have money, you can live a expensive life. That is why the world is after money. These days you can not do anything without money. If you live in a rich country you can enjoy a lot of facilities that is not available in poor countries. Money is the reason of wars, murders and other crimes in the world. So we can say that it is the cause of most of the evils.

3
Patience is the key to success. Even if things are not going in your way, you have to stick to it and the success will come eventually. Most people have faced problems when they started trading. As you gain experience things will be better. At he beginning don't go for big profits, set you goal small and things will work in your favor.

4
With the advancement of digital technology we are moving towards cashless society. In future people will use more credit card , online payment and carry less cash. That doesn't mean fiat currency will disappear. Also the use of digital currency/cryptocurrency will be even more common. Cryptocurrency especially Bitcoin have been gaining ground sharply and this trend will continue.

5
Religion can only influence a religious person. Whatever religious beliefs one may have if one is connected with his faith and regularly performs religious practices then one can be influenced to do away with gambling. If one does not follow his faith then he can not be influenced by religion.

6
A few years back, I used to have around 70 percent of my assets in crypto. I made some investment in various crypto related things and lost about 30 percent. Right now I have around 30 percent of my assets in crypto.

7
Economics , Sociology & Politics / Re: Cost of living
« on: May 06, 2024, 04:02:35 AM »
Over the past few years inflation has been increasing all over world and with the start of Ukraine war it has even deteriorated. The food prices have been shooting up and it has increased the cost of living and made life especially of the middle class and poor people miserable. In many countries corrupt politicians and elite business community have been using this situation for their own benefits.

8
Gambling discussion / Re: Is it right for a lady to gamble ?
« on: May 05, 2024, 08:13:44 PM »
Anybody can gamble, if someone is man or woman is not an issue. If a man can gamble then a woman can also gamble. There is no rule that woman can not gamble. These days women are participating in all spheres of life. So if they wish they can participate in gambling sector too.

9
Actually, to make a decision between two choices, your present condition is very important. If your parents are financially well off then I believe going for a four years degree would be a better choice. Because having a Bachelor degree is a must, if you want to apply for a good job. If you are financially in a weak position then taking a job will be better.

10
Gambling discussion / Re: Gambling: for fun or to earn money?
« on: May 05, 2024, 10:52:15 AM »
Gambling is a fun. It would be better if people take it accordingly. If anybody thinks that he can earn money through gambling and manage his family then he is completely wrong. Because gambling is just a luck. You can not rely on it. You can win jackpot once or twice but most of the time you will end up losing.

11
Economics , Sociology & Politics / Re: Why do we pay taxes?
« on: May 05, 2024, 04:41:39 AM »
Everybody wants to pay taxes. Government meet its expenses and do all types of infrastructure, other development activities by collecting taxes on various sources. But in many developing and poor countries corrupt politicians use these funds for there own personal benefits. That is why people in these countries don't want to pay taxes

12
Gambling discussion / Re: No risk no gain
« on: May 04, 2024, 03:08:59 PM »
No risk no gain is not only applicable in gambling but also in other investment decisions too. Whether it is trading or other business decisions you have to take risk to be successful. If you desist yourself from taking any investment decisions for fear of losing then you can never be successful.

13
Gambling discussion / Re: Do you tell your husband you gamble?
« on: May 04, 2024, 11:13:49 AM »
If you are gambling with you husband's money and have won  a big jackpot then it is most likely that your husband would be happy if you tell him about it. If your family is not financially very well off and you are gambling with your husband's hard earned money and making a big loss then it may ruin your marital life.

14
Since the introduction of computer human involvement in the workplace have gradually been declining and it has further aggravated with the introduction of robot and now AI. As the technology is improving day by day people are getting more and more dependent on technology and this trend will continue in the future. In future robots will be a lot more powerful than human beings.

15
Well, Bitcoin has dropped under 60k and other cryptos have also started to dip a bit. So nobody can predict what would happen in future, it may dip even further. The market has been a bit unstable for some time. So investors should not rush in investing in this unstable situation.

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