Surviving in this economy needs a new minds set - page 10.

iv4n

legendary

Activity: 3248

Merit: 1179

Quote from: TEBTC on April 28, 2024, 05:57:25 PM

...
This makes me to think and have come to the realization and conclusion that surviving in this present economic situation needs a total different mind set such that will make you to think out side of the box
Investing in crypto currencies like Bitcoin is not a bad idea at all

So "thinking outside the box" is investing in Bitcoin? I don't see anything new in this statement, Bitcoin has been an exciting investment for some time, but there is nothing new in "investing", it's not thinking outside the box. Investment in Bitcoin or some other assets should be long-term, I mean we can say that long-term investment will bring profit, but that will not help you in "daily" survival.

Thinking outside the box in this context is having the ability to adapt to new circumstances if you have to... like moving away to some other place where you can have a higher income with the same set of skills. It's never an easy step to make, especially if you are going on your own, just with your backpack, relying just on what you know and your skills. Once you have a stable income it will be much easier to invest in some long-term assets like Bitcoin is.

blckhawk

sr. member

Activity: 1526

Merit: 332

There's nothing to change in how we think besides the fact that the government and the big businesses are screwing us over and over and that we're all just taking it. The productivity has risen for a really long time but the salary hasn't gone up to any significant level for a really long time and they still keep saying that we're lazy that's why we get paid less when in reality, we're getting paid less so they can have more for themselves. Don't believe the propaganda that changing how you think about work is going to get you that salary you've dreamt of, it will never be the case, you're already working hard, they just don't want you to know that.

MissNonFall9

member

Activity: 196

Merit: 15

★Bitvest.io★ Play Plinko or Invest!

Quote from: TEBTC on April 28, 2024, 05:57:25 PM

Year after year before the cross over service there will be promises of a new beginnings, new hopes, vision, wishes and resolution
Government will come up with the budget of the incoming year and and when you look at the budget it is really interesting with hope's of having a better year ahead as in the budget it capture virtually everything including the economy and other aspects of the nation
But every year that passes on the economic situation is getting worse by the day, infact inflation increase with each year that passes making the living standard of the poor unbearable
This makes me to think and have come to the realization and conclusion that surviving in this present economic situation needs a total different mind set such that will make you to think out side of the box
Investing in crypto currencies like Bitcoin is not a bad idea at all

There is no denying that in any economic situation, one has to think outside of the conventional wisdom and act upon it for self-improvement. Competition is increasing day by day in the world and to survive and accelerate development in this competitive market, one must think beyond the traditional work. For example, when people plan their future with one field of work, we have to connect ourselves to multiple fields of work. One of the timely considerations is to selectively invest in viable cryptocurrencies. But keep in mind that it is not wise to invest in anyone. Diversification is very important in investing.

Darker45

legendary

Activity: 2576

Merit: 1860

If you talk of survival, I'm afraid Bitcoin isn't the perfect choice. Bitcoin doesn't provide you daily, weekly, monthly, even yearly profit. Bitcoin isn't like that. Bitcoin needs long-term hodling for an almost certain profit.

In a difficult economy, multiple sources of income is necessary. On top of your regular work, a side hustle or two will significantly augment your limited income. A small business which you don't micro-manage could also be added. All of these would give you immediate income.

It is only when you have extra savings, surplus in money, that you have the luxury to add Bitcoin to your assets. If you need to continuously roll your funds to be able to earn, Bitcoin may not be for you.

Rockstarguy

hero member

Activity: 1050

Merit: 592

God is great

Quote from: TEBTC on April 28, 2024, 05:57:25 PM

This makes me to think and have come to the realization and conclusion that surviving in this present economic situation needs a total different mind set such that will make you to think out side of the box
Investing in crypto currencies like Bitcoin is not a bad idea at all

When you keep on looking up to the government for things to get better you will just remain where you are without going forward but when you give yourself a task that everything depends on you, despite how things are you would always have a solution for yourself. The economy is hard everywhere and one needs to have a productive mindset to achieve something good. This is not a time that you can rely on the government because looking at the economy the government is really struggling too. We are in the world that individuals needs to encourage themselves to work hard to make life better.

Before now we depend on the government to provide jobs, we depends on the government for loans and scholarships but this time their is nothing like that again. People needs to have the mindset productivity on how to generate income as source of income.

Mahanton

hero member

Activity: 2730

Merit: 632

Quote from: TEBTC on April 28, 2024, 05:57:25 PM

Year after year before the cross over service there will be promises of a new beginnings, new hopes, vision, wishes and resolution
Government will come up with the budget of the incoming year and and when you look at the budget it is really interesting with hope's of having a better year ahead as in the budget it capture virtually everything including the economy and other aspects of the nation
But every year that passes on the economic situation is getting worse by the day, infact inflation increase with each year that passes making the living standard of the poor unbearable
This makes me to think and have come to the realization and conclusion that surviving in this present economic situation needs a total different mind set such that will make you to think out side of the box
Investing in crypto currencies like Bitcoin is not a bad idea at all

The key on here or something you must do;

1. Vote for those government officials which do fit out for the said position and not to those who do have that bad records or issues about corruption and correlated things.
2. Dont rely yourself about those government aid and assuming about economic betterment just because you have seen those budget numbers.

There's no way that we could really be to assure that those budget would really be allocated and would be integrated or be materialized. Everything is something that you do really need
to do with your own without having that kind of expectation with any help. You are the ones who would really be making yourself that put up neither on a hard or good situation
because if you have seen that economic situations to be worst then it would be common sense that you would really be needing to find up some alternative on which finding up
other income sources so that you would really be able to sustain yourself on this worsening condition.

alastantiger

sr. member

Activity: 574

Merit: 310

You all have heard this before but life is a battle field. In a battle field your goals are to destroy your enemies before they get to you and to try as much as possible to say alive. I have come to believe that such enemies that we have in the world presently are the governments, and the corporations. The governments do all they can to provide just enough for the citizens but it has to be so little that the citizens still have to depend on them. You should understand why they hate Bitcoin. Bitcoin is freedom, specifically freedom from them. And when the people are free, so are their minds. The corporations are the second enemies. They want us to be tied to them working and slaving so many years for them only to end up miserable, in a job we don't like with shitty supervisors and bosses whose only goal is to please the share holders. Bitcoin once again gives us freedom from this one. I don't want to survive in this economy, I want to thrive and dominate. That's why Bitcoin is one of my investments.

Hamza2424

legendary

Activity: 966

Merit: 1042

#SWGT CERTIK Audited

Quote from: TEBTC on April 28, 2024, 05:57:25 PM

This is so true that with the changes in time, we should change our mindset as well as government changes and that government changes laws, rules, and regulations and one should change his/her way of thinking or mindset according to new Rules, Laws, and regulations. If we still stick to the old mentality the chances of making losses will be higher as the old mentality will not set well in the new era/environment of the current time where we all are facing Inflation rates going high.

Although the fact is that we have made a good mindset and suddenly the environment changes because of changes in rules laws and regulations because of the coming government so the mindset we are stick to will be useless somehow that is in my point of view we should keep changing our mindset, way ofthinking only if needed.

Bright0515

member

Activity: 95

Merit: 22

Yeah it's really necessary things changes everyday some from good to better some from bad to worst and some good to bad depending on how you as an individual handle your things.

There is a little secret people don't know many may know but still refuse to let go of it, many may have strategized very well and your strategies may have worked for you for the period because it tallied very well and till now in this bad economy many with their open eyes still strategies that way many really need to change their mindset and mentality in some occasions to grow and cope with present day things.

martinex

full member

Activity: 392

Merit: 130

PredX - AI-Powered Prediction Market

Quote from: TEBTC on April 28, 2024, 05:57:25 PM

Year after year before the cross over service there will be promises of a new beginnings, new hopes, vision, wishes and resolution
Government will come up with the budget of the incoming year and and when you look at the budget it is really interesting with hope's of having a better year ahead as in the budget it capture virtually everything including the economy and other aspects of the nation
But every year that passes on the economic situation is getting worse by the day, infact inflation increase with each year that passes making the living standard of the poor unbearable
This makes me to think and have come to the realization and conclusion that surviving in this present economic situation needs a total different mind set such that will make you to think out side of the box
Investing in crypto currencies like Bitcoin is not a bad idea at all

The price of goods and basic necessities is also increasing day by day, people are indirectly forced to have to buy them because it is a necessity that cannot be avoided. Well, related to the current trend, especially the general public has heard a lot about Investing in crypto currencies, such as Bitcoin, can be a form of innovative approach in this regard even though there are investment model options that like short and long.

In general, it is described that if someone invests with Bitcoin, it can also be considered as a hedge against inflation and fluctuations in fiat currencies, but it is wiser to first meet all the main needs in our new family, enter and start the investment journey consistently. Even if there is new news coming from the government in an effort to mitigate this, we will follow it and if it is suitable, we will also be actors in the program so that it runs well and successfully.

wxa7115

hero member

Activity: 2702

Merit: 704

Quote from: TEBTC on April 28, 2024, 05:57:25 PM

Year after year before the cross over service there will be promises of a new beginnings, new hopes, vision, wishes and resolution
Government will come up with the budget of the incoming year and and when you look at the budget it is really interesting with hope's of having a better year ahead as in the budget it capture virtually everything including the economy and other aspects of the nation
But every year that passes on the economic situation is getting worse by the day, infact inflation increase with each year that passes making the living standard of the poor unbearable
This makes me to think and have come to the realization and conclusion that surviving in this present economic situation needs a total different mind set such that will make you to think out side of the box
Investing in crypto currencies like Bitcoin is not a bad idea at all

The economy is not static, so what worked before will not necessarily keep on working, and jobs that were lucrative decades ago, stopped existing as now we found a way to replace those people.

Then people must never assume they can keep doing what they have being doing for the rest of their lives, and instead they must take the attitude that at most they could keep a job for 5 to 10 years, and after that time is up, they may need to find a way to do something else or change career paths completely, a very different environment than what our parents faced, but it is what it is.

Despairo

hero member

Activity: 1064

Merit: 843

Surviving in this economy always need a new mindset because the world keep evolving and you need to adapt with the change, failed or slow to adapt with the current economy, you will lose.

If you think the current economy is worse than before, it's better for you to make a research first to know how bad are the economy in the past.

Poverty in the world always decline every year, in means the economy always improved every year.

https://www.statista.com/statistics/1341003/poverty-rate-world/

adaseb

legendary

Activity: 3808

Merit: 1723

Well the governments like US have been in huge debt for years. And people have been falling for a collapse for decades and still hasn’t happened.

Covid made the situation worse because it went up exponentially. Sure we got higher interest rates but we also have inflation still. Last cpi was like 0.5% or so. It should be around 2% for the entire year. I don’t see it going to 2% anytime soon. So rates will stay higher for longer. Not good for mortgage holders but good for bond holders.

peter0425

sr. member

Activity: 2618

Merit: 439

Quote from: TEBTC on April 28, 2024, 05:57:25 PM

This makes me to think and have come to the realization and conclusion that surviving in this present economic situation needs a total different mind set such that will make you to think out side of the box
Investing in crypto currencies like Bitcoin is not a bad idea at all

We have come to a time where it has become harder and more complicated to earn money due to expensive living costs.

We now have to think of other ways to earn money and I know it is proof of a bad system but nowadays having only one job isn’t enough and you need to have some other job sidelines. Fortunately, investing in bitcoin isn’t as physically taxing as other jobs would be. Yes there’s a lot of effort time and money that is invested but in total I think it is the best option to earn money.

Mpamaegbu

legendary

Activity: 2716

Merit: 1225

Once a man, twice a child!

Quote from: TEBTC on April 28, 2024, 05:57:25 PM

This makes me to think and have come to the realization and conclusion that surviving in this present economic situation needs a total different mind set such that will make you to think out side of the box

Seeing this post, I took a guess that you're either from the same country as I am or from another African country. Africa is a continent where politicians say something they don't intend to do. They know they can do all that and get away with it as their citizens hardly hold them accountable. It's a big shame. To make matters worse, the same thing the politicians do with unfulfilled promises is what those in the religious circles also do. Every new year, there are declarations upon declarations of prophecies that don't come to pass. Yet, their congregations still worship and adore these pulpit bandits like they're worth anything other than their mere speculations.

Quote

Investing in crypto currencies like Bitcoin is not a bad idea at all

Yes, it's really not a bad idea. However, it's paramount to know when to invest and also when to take profit. Otherwise, one won't have a good story to tell about Bitcoin/cryptos.

Adbitco

hero member

Activity: 1428

Merit: 653

Leading Crypto Sports Betting & Casino Platform

Living very hard or things getting worse for people is as a result of not not renewing our mindset, and how do we renew our minds is by engaging ourselves with a productive Job or even acquires some skills by ourselves than to keep waiting for church (gospel preacher) or for the government. We know that government has their rules to play but we shouldn't be overwhelmed with their promises or their sweet words towards our lives or even haven to entirely rely on our prayers.

We know that African's believe on prayers but we should also give attention to work because it's same God who said " I will blessed you through the work of thy hands" but if you don't have jobs or something doing how do you think he will blessed you for your life or in everything we do, that's why we see people sleeping in church praying day and night without even results because they have fails to understand that when you pray you need to do something physical for him to bless you.

harapan

sr. member

Activity: 1736

Merit: 306

Quote from: Churchillvv on April 28, 2024, 07:19:28 PM

Sounds more like a rephrase of our everyday discussion in the board. It's absolutely true that coping in an inflated nation requires a renewed mindset, perhaps investing in bitcoin is another hedge to inflation as the volatility of bitcoin is also a means of making profit.

For someone who is capable of understanding the crypto space it's more advisable to invest early as the world economic shows no sign of betterment over the years. I believe investing bitcoin, real estate and other stuffs like stock is a practical way to help ones life in situations like this.

At the end the theme of the post is "invest in bitcoin" in order to be above the economical crisis in the world.

Actually,and asides bitcoin there are several other ways to ensure and maintain a healthy financial life or experience.The truth is that at every given time,someone's income reduces compared to the cost of living in particular.The cost of living is obviously not corresponding with one's finances and income.
The chances of you living well and trying to ensure you meet unexpected events has been terminated by some economical factors which doesn't seem to Change anytime soon.

Mr.right85

hero member

Activity: 1022

Merit: 673

Leading Crypto Sports Betting & Casino Platform

The words might come easy but not so well the action.
Let’s not forget how cost of goods and acquiring some services would increase without a significant increase reflecting in the salary that is supposed to foot these bills.

Now the common thing is to cut cost. Coming from someone that is doing pretty well, it might easily be achieved, not without its strokes but yeah, you could still find life with ease just without some excesses but, for those that struggle to live day to day, you really don’t get what to cut. Your just in the struggle.
Your chances at some good living would be getting other jobs to support your source of income.

topbitcoin

hero member

Activity: 1694

Merit: 691

Leading Crypto Sports Betting & Casino Platform

The only person who truly cares about the conditions we experience and face is ourselves. And the one who will be fully responsible for what our future will be like, is only ourselves, because there is no one we can rely on, except ourselves. And because of that, keep fighting for a better future, because we will never know whether economic conditions in the future will be better than now, or vice versa. And because of that, it is quite important for us to be able to set aside the money we earn, whether every day, week or month, to fill the savings we have and the investments we make. because having investments and savings is quite important, to answer all the problems that might occur, whether in the near future or otherwise.

But before talking too much about investment, you need to know that every decision you make has its own consequences or risks, including deciding to start saving and investing.

Casdinyard

hero member

Activity: 2156

Merit: 891

Leading Crypto Sports Betting and Casino Platform

Quote from: TEBTC on April 28, 2024, 05:57:25 PM

Year after year before the cross over service there will be promises of a new beginnings, new hopes, vision, wishes and resolution
Government will come up with the budget of the incoming year and and when you look at the budget it is really interesting with hope's of having a better year ahead as in the budget it capture virtually everything including the economy and other aspects of the nation
But every year that passes on the economic situation is getting worse by the day, infact inflation increase with each year that passes making the living standard of the poor unbearable
This makes me to think and have come to the realization and conclusion that surviving in this present economic situation needs a total different mind set such that will make you to think out side of the box
Investing in crypto currencies like Bitcoin is not a bad idea at all

I don't know man, at this point it seems like you don't only need a new mindset, you literally need another job to supplement the rising prices and the ever-increasing taxes that come with it. It's fucking sad that the upper echelons in the industry and society is just able to do this willy-nilly because someone said the economy is in shambles, and us at the bottom can't do anything about it but agree and submit. Makes me want to be an anarchist sometimes lol.

At the end of the day, it's high time for us to realize the importance of not only working for money, but also making money work for you. People who can do so must keep in mind that they need to invest on anything, doesn't have to be crypto, and make sure that their finances from future-proofing it to making sure that they have money for the rainy days are kept in check.

Enough of my tirade already. You already know how things roll these days lol. Just be smart with your money and be smart with making your money. Once you're able to do that, you're already halfway into financial stability and freedom.

Topic: Surviving in this economy needs a new minds set - page 10. (Read 1953 times)