Topic: My view of economy - page 5. (Read 1318 times)

Yes bro, he should really master how to trade well, trading is not as easy as what we are talking about, we have to really master good opportunities and be right on target, we have to be good at finding information about the price increase graph of a market, where we have to master the market price a little before we can start trading, and never start trading by following other people, no one can predict and guarantee 100% accuracy regarding market prices, so we must have skills in trading, don't be careless. so that the loss is meaningless.

Contrary and I am confused about what you mean. If there is no skill, how can you invest and trade. Trading is an activity that requires a lot of energy. I mean energy like skills and extra expertise to analyze opportunities.
Investing is not as complicated as trading. If you expect money to keep flowing from the two types of activities you mean, it seems like you are giving people confusion.

I think there are really countries who are run by what we called as dictators. I don't really mean the president here but I think they are close to dictators too and by the root word dictate, they can also dictate us if what we are going to do. They can enforced rules or laws that everyone must follow even if their inner self is against with it because if not, then we can faced serious consequences.

Even though there are types of systems like that, it is still possible for the people to move freely, like for example in terms of working in a job. At most, we are the ones who apply for work, so we are also the ones who can quit if we think we can't do our jobs anymore. If our bosses likes us, maybe we can give an exception like do some negotiations (E.g. cut our working hours, re-locate us to a more comfortable location, increase our salaries, etc...).

Even though we can say that we are free, it does not also mean that we will now do whatever we want including the negative or inappropriate things. I'm sorry but not trying to learn a skill is also one of it that I can include.

Definitely and in fact the society can't survive if there are there (parasites) existing. We know its definition. They are like sucking the nutrients and energy of someone or their host, making the host not perform well in any of its/their activities.

Your proposition underlines that the talented employees shall be mainly involved in their jobs, but their growth in salary should reflect the value and skill they contribute. However, making them work regularly and have breaks can make work-life balance significant. On the flip side, finding your route to financial freedom through investing and trading, and not necessarily via traditional skills, is plausible as well. One could even be successful without having basic skills by simply understanding financial management and spending. It has to first be acknowledged that the success an opportunity brings may fall under either skilled labor or budget, so one must balance hard work with rest and relaxation.


I very much agree. Individualism charts our courses while some people find fulfillment and security in their choice to be entrepreneurs, others find economic security and stability in acquiring skills and putting in backbreaking effort to supplement their income. It is important to note that everybody has his own situation, and many begin as entrepreneurs because it is the best option, in fact, the more opportune others have at the start, the easier they could be stretched into the field of materials. That life is not fair, but our understanding and respect of how people try to have good and stable lives come from the fact that not everybody has the same rights.

It is our personal preference, and just like you, some people are content to remain as workers or employees. We can say they already find comfort in doing that. But other people wanted to improve more and become financially stable, which is why they are working hard, developing skills and talent to increase their earnings.

But there is no argument with that because it was our choice, and besides, we are all not born rich and have families that could support our wants, which makes some choose to be workers because that is the only thing they can do. But rich people already had great opportunities, it was easy for them to grow their money. 

Sometimes we can say life is unfair but must accept the reality that we are not all equal in opportunities. 

So in short, your theory was to balance employment with the development of skills for economic independence. Yes, experienced professionals are very important and deserving of respect; even so, there has to be balance between work and life. Your course of action is to employ financial strategies through investing and trading in order to achieve financial independence-the best option if conventional skills are not going to be your strong suit. It involves both skilled workers and those who understand the budget, thereby contributing to the economy in diverse ways. A balance of hard work, skill acquisition, and finding time to enjoy life is what brings overall satisfaction and success.

Well, in my opinion, I see most things that can be able to earn you money as a skill. If you are an entrepreneur and you are successfully make money as an entrepreneur, then you have got a good skill in it, if you are a successful freelancer, social media skit maker, game streamer, etc, all of that is skills. Anything that can actually earn you some money is a skill. In these economy, you need to be professional  and skillful in your occupatioion.

Of course everybody employee personnel requires some level of qualities and knowledgement before and employer could consider to hire you in other to be able to deliver the job adequately and that is the reason why there are terms for job seeking interviews just for the management to select the best candidate amidst applicants.

Some people would say that there is segregation sentiment in the sectors of job employments but that is a big doubt because every job has a description and requires candidates that can be able to execute the tasks respectively.

However, obtaining a skill is not exemptional to be hired as salary earner as educative and skill potentials are equal to the tasks in demands for employments.

Even, skill containers are more advanced reliable to stay reliably on the economy figures because you can be your own Boss and only need clients to offer contracts which in any case if you hold a strong skill especially based on the need of the societies, you would earn more better than the salary earners. Interestingly, you can always have time die yourself because you decide when to work and when to take a break.

Living life with too much ambition will not provide benefits and instead you will be faced with problems.
Bad mindset for the case of people who do not have a large level of wealth and following the river of money with the flow is a bad idea. How can you follow the flow if you don't know where the water journey is.
Skills can be improved and you only need to learn gradually to understand the skills better.

Everything that is done must have a level of knowledge so that you can go through the process to achieve success.
If the thinking is like what you describe in this writing then I am afraid you will drown on the journey before reaching the edge of the river.

To each his/her own. This is a free society. Nobody should be dictating anybody. You don't order people to work and work just because they have skills. In the same manner that we are not requiring you to rise above mediocrity and stop being lazy, grow some balls, and learn a skill. It your freedom to not learn any skill at all just as it is also the freedom of the skillful to choose a life of his/her own. In all fairness, society can very well survive and thrive without the parasites who are just taking advantage of those who have skills.

First, you're not their boss if the skilled people want to stop working because they can stop whenever they want. Companies or clients will still hire them for their skills if they're needed and if they are independent contractors.

Secondly, I agree with you about enjoying life and in mind you, trading and investing is a skill. Not everyone can take risks and they want to stay in employment and there is nothing wrong with that.

Lastly, what you're saying is not accepted by you is contradicting what you do. You, denying that you're skilled for you to enjoy and have some vacation while earning is unfair. Where in fact, if you make money everywhere by trading and investing is a skill that everyone want to have while taking some vacation to the nicest beach.

That's not life, the harder you work, the more you can earn and to do business you need to make small investments or big investments, and it has to be long-term for you to succeed.  You notice that the harder a person works, the more they can improve, but if you are working, you have to have a strategy to add money.  And if you want to hold it as an investment, hold it for a long time.

Op, have you heard of this saying "no food for lazy man"?  Hehehe.

You don't have skill, how then do you manage to invest -trade? Maybe you just confused where you stand but that's fine. Everyone get confused about life sometimes. Each human has a skill and talent it's just for you to harness it and be a masterpiece on it. If you could put your mind into it you'll be surprised the manner of skill you possess.

It's also great to be ambitious but not too extreme. We all just have to learn to cut our coat according to our size tailoring it in within our financial capabilities. There's no river of money flow anywhere, you've to create yours by creating value to the society.

You’ve said a lot and you’ve actually confused a bunch of us here. Your write up is very difficult to comprehend and it’s even showing in the few points you managed to raise that you don’t really get it with economy.
Mind you, if you don’t work, how do you get the money to spend on all that concerns you. You need to work to earn the money that you would use for your daily expenses. All that work and spending is what transforms to building a healthy economy.

Most people around the world would claim to have "high ambitions and vision" but many fewer people actually have the determination to actually put it into action. Millions of people every day dream up clever ideas but they are worthless unless you are able to convert it into physical reality. You need to treat every day as a learning experience, try to seek out new territory that you may have never encountered before and expand your circle of competence. Nobody wants to go to work, but it's also possible to save and invest your salary wisely, which can allow you to break free from that cycle earlier than other people - but only if you are clever and resourceful with your income, along with always trying to hustle.

 Actually everyone has their own skills, it's just that they don't try to correct the skills that are in them, a person's skills cannot be equated because this is a skill or knowledge from different people, everyone seems to be proficient in their respective fields of mastery, and it seems you have to straighten it out more carefully and understand.

One good thing is that you have a point of view about Investment and you dare to fight in the world of Investment. and being involved in trading is a good job in this life, and we think here you are not the only one who is in the scope of trading.

trade is not a permanent things or it's not a profession for lifetime and even trade is not guaranteed profits, so you should lead your life based on trading?
since you pretend you are a untalented i think you can be good at lees demanding or less difficult job but you should not just rely on trading because it's high risky.

I would love it if you could reconstruct this post very well. It's a nice post, no doubt but it is also misleading. Notwithstanding, I got the gist and I conclude that you are wrong, the economy doesn't work the way you explained and kudos to those skilled and creative people, their contribution to the world economy can't be overestimated. From Agriculture, to finance, to industries and many more, they are the true key drivers of the economy and not you who believe that trading/investment and lazy man jobs are the way.

Such earning means like trading/investment and other lazy man jobs are only striving in a certain way in the economy because other fields allow it, but certainly, they are not fundamental and the world can't survive on them. What you are doing can't bring the world food, shelter, or clothing, which makes it worthless if those fields and workers providing them stop their service. The world will suffer and will eventually crumble and there will not be trading/investment to engage in anymore. Physical work is key while internet-based works are breathing because of them, and these electronic earning means should basically be means of passive income even though some people with wealthy privileges take advantage of it.

Your advice is not thoughtful because it could breed laziness. Ambition and vision without skills and work will lead to frustration. If you are not productive in any area you will end up jobless. If you are not working, how will you raise funds to invest or trade in cryptocurrencies? You don't need to be talented to learn a skill. All you need is diligence and consistency. Maybe you inherited so much money, or you have another means of income that doesn't require working. Many people don't have any means to save except they work hard and save.

I love this hard fact that you put straight out there to him. The truth remains, crypto trading is not the same as trading ice cream and even when you trade ice cream, I'm sure you need basic marketing skills to leverage over the overpopulated market of other ice cream sellers, who probably produce better products than you do. If you trade ice-cream, if you come into the ice cream trading market, either as a manufacturer or as a distributor, you need to understand basic marketing skills to be able to improve your products as a manufacturer through enhancing your product development such as observing best practices in quality control and curating innovative flavors that will add to the taste, smell and look of the product to make it more appealing.

As a distributor, especially to the end users, you also need basic marketing strategies such as creating a viable and lasting brand identity through packaging, etc. You also need basic marketing strategies like taking advantage of the social media platforms to do online orders and expand on the audience of your products.

And there's many more things I didn't mention here that goes into trading ice cream to get your desired results which will require you to build basic yet solid skills around it. Talk more of crypto trading which is in fact more technical and requires more holistic approach into learning and understanding it.

To trade in crypto, you will need know and clearly understand the meaning of Bitcoin, Altcoins, Stablecoins and Memecoins and how they operate. You also need basic knowledge on  the liquidity in market, market cap, pump and dump, the bull run, bear run and other terminologies such as HODL, FOMO, ATH, Make Profit and Stop Loss among many other things.


I like the example of the river and swimming skills and it applies to all walks of life. These days, soft skills are not just enough and won't take you anywhere because the competition is rising every day and people are developing cutting-edge technologies driven by skills to survive. When you don't work, your economy will not grow, it will remain stagnant. A long time stagnated economy without solutions bring about collapse in countries economy like we've seen in many Sub-Saharan countries in Africa and some part of Asia.